Document:

atlw_ex101.htm

EXHIBIT 10.1

 

Software Development Agreement between Airborne Wireless Network and Thinking Differently Technologies.

 

 

THINKING DIFFERENT TECHNOLOGIES B.V. (TDT)

 

AND 

 

AIRBORNE WIRELESS NETWORK (ABWN)

 

SOFTWARE DEVELOPMENT 

AGREEMENT 

 
	 
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CONTENTS 

 

	
Clause
				
Page
	
 

	
 
			

	
 
	
 

	
1.
	

	
DEFINITIONS
	

	
3
	
 

	
 
	
 
	
 
	
 
	
 
	
 

	
2.
	

	
DEVELOPMENT SERVICES TO BE PROVIDED BY TDT
	

	
5
	
 

	
 
	
 
	
 
	
 
	
 
	
 

	
3.
	

	
IMPLEMENTATION AND ACCEPTANCE OF DESIGN SPECIFICATIONS AND CUSTOM SOFTWARE
	

	
5
	
 

	
 
	
 
	
 
	
 
	
 
	
 

	
4
	

	
PROJECT MANAGEMENT; DELIVERY
	

	
6
	
 

	
 
	
 
	
 
	
 
	
 
	
 

	
5.
	

	
PERFORMANCE
	

	
7
	
 

	
 
	
 
	
 
	
 
	
 
	
 

	
6.
	

	
ACCEPTANCE TESTING
	

	
8
	
 

	
 
	
 
	
 
	
 
	
 
	
 

	
7.
	

	
BETA TESTING
	

	
8
	
 

	
 
	
 
	
 
	
 
	
 
	
 

	
8.
	

	
PRICE AND PAYMENT
	

	
9
	
 

	
 
	
 
	
 
	
 
	
 
	
 

	
9.
	

	
WARRANTIES AND REPRESENTATIONS
	

	
10
	
 

	
 
	
 
	
 
	
 
	
 
	
 

	
10.
	

	
CONFIDENTIALITY
	

	
12
	
 

	
 
	
 
	
 
	
 
	
 
	
 

	
11.
	

	
OWNERSHIP RIGHTS
	

	
14
	
 

	
 
	
 
	
 
	
 
	
 
	
 

	
12.
	

	
INDEMNITY
	

	
14
	
 

	
 
	
 
	
 
	
 
	
 
	
 

	
13.
	

	
GENERAL INDEMNITY AND LIABILITY
	

	
16
	
 

	
 
	
 
	
 
	
 
	
 
	
 

	
14.
	

	
TERM AND TERMINATION
	

	
16
	
 

	
 
	
 
	
 
	
 
	
 
	
 

	
15.
	

	
DISPUTE RESOLUTION
	

	
17
	
 

	
 
	
 
	
 
	
 
	
 
	
 

	
16.
	

	
FORCE MAJEURE
	

	
18
	
 

	
 
	
 
	
 
	
 
	
 
	
 

	
17.
	

	
NON-SOLICITATION
	

	
18
	
 

	
 
	
 
	
 
	
 
	
 
	
 

	
18.
	

	
MISCELLANEOUS
	

	
19
	
 

						
	
SCHEDULE 1 DELIVERY ORDER # __________
	

	
22
	
 

				
	
SCHEDULE 2 CHANGE ORDER PROCEDURE 
	

	
26
	
 

 

	 
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THIS SOFTWARE DEVELOPMENT AGREEMENT is made effective as of _________________, 2017 (“Agreement”).

 

BETWEEN: 

 

TDT SYSTEMS, INC. a corporation formed pursuant to the laws of NETHERLANDS, whose principal office is located at Schoonoord Road, 2215 EH Voorhout, The Netherland (TDT); and

 

ABWN WIRELESS NETWORK, a corporation formed pursuant to the laws of Nevada, whose office located at 4115 Guardian, Street Suite C, California. (“ABWN”). 

 

WHEREAS: 

 

A.: TDT provides certain software development and related technical services to certain industries;

 

B. ABWN is in the business of developing a wholesale fully-meshed high speed broadband airborne wireless network labeled (“Infinitus” an Information Super Highway);

 

C. ABWN desires to engage the services of TDT to develop certain software for use by ABWN in connection with ABWN’s development of “Infinitus”, on the terms and subject to the condition in this Agreement;

 

D. TDT desires to develop solely for ABWN, software to be used by ABWN, in connection with ABWN’s development of “Infinitus”, on the terms and subject to specified in this Agreement; 

 

NOW, THEREFORE, in consideration mutually promises, covenants and undertakings specified herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, with the intent to be obligated legally and equitably, the parties hereto agree with each other as follows;

 

	
1.
	
DEFINITIONS 

 

	1.1 	In this Agreement
	
 
	
 

		“Acceptance” means the satisfactory completion of Alpha Testing and Beta Tests as contemplated in Articles 6 and 7 of this Agreement;
	
 
	
 

		“Acceptance Tests” are the acceptance test provisions of any Design Specifications, the satisfactory completion of which shall also be specified as “Milestones.”
	
 
	
 

		“Effective Date” means _______________.
	
 
	
 

		“TDT Project Coordinator/Liaison” means the person from time to time assigned by TDT to co-ordinate TDT’s involvement in the work performed hereunder and whose name shall be provided to ABWN by TDT.

 

	 
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		“ABWN Project Coordinator/Software Development Manager” means the person from time to time assigned by ABWN to supervise the performance of any work hereunder and whose name shall be provided to TDT by ABWN.
	
 
	
 

		“Application Software” means the software modules or components which perform the functions and comply with the proposal and specifications identified or set forth in the Design Specifications. Each Application Software module or component, specification and proposal included or referred to in the Design Specifications is expressly incorporated herein by reference. Application software includes all software related to the development, implementation and control of ABWN’s “Infinitus” system of an ABWN meshed Radio Frequency (RF) network, ABWN’s hybrid RF/Laser Synchronization, and all associated software, its documentation and other related instructions. The Application Software shall be delivered in machine readable object code form.
	
 
	
 

		“Custom Software” shall mean the Application Software Specifications and the Documentation.
	
 
	
 

		“Delivery Order” is an order in the form of Schedule 1 to this agreement or any other form of written request submitted by ABWN and ultimately signed by both parties pursuant to which ABWN and TDT agree to additional terms on which work will be performed and the detail of the work to be performed.
	
 
	
 

		“Design Specifications” means, at a minimum (unless otherwise mutually agreed in writing by the parties), system flow charts, program descriptions, file layouts, database structures, report layouts and screen layouts, interface requirements and layouts, conversion requirements and layouts, refined equipment requirements, acceptance criteria and acceptance test scripts for improvements, enhancements or other alterations required by ABWN to be made to the Custom Software, or for new products or services related to the foregoing.
	
 
	
 

		“Documentation” shall mean all operator and user manuals, training materials, guides, listings, specifications and other materials necessary for the complete understanding and use of the functionality of the Application Software, including materials useful for design (e.g., logic manuals, flow diagrams and principles of operation) and machine-readable text of graphic files subject to display or print-out.
	
 
	
 

		“Implementation Schedule” means the Custom Software implementation schedule in any Delivery Order.
	
 
	
 

		“Intellectual Property Rights” means any intellectual property rights anywhere in the world whether registrable or not and whether now known or arising hereafter, including, patent, trademarks, service marks, trade names, business names, designs, copyright, database rights and related rights, topography rights, trade secrets, know-how as well as applications for and the right to take action in respect of such rights, and references herein to “Intellectual Property” will be construed accordingly;
	
 
	
 

		“Confidential Information” means all proprietary material all non-public business related information, written or oral, that ABWN discloses or makes available to TDT directly or indirectly, through any means of communication, observation or coordination.
	
 
	
 

		“Milestone” means a progress milestone referred to in any Implementation Schedule.
	
 
	
 

		“Project” means any project for the development and delivery of Custom Software under this Agreement pursuant to one or more Delivery Orders.
	
 
	
 

		“Term” means the term of this Agreement as set out in Article 14 of this Agreement, as that term may be extended or terminated in accordance with the provisions hereof.

 

	 
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2.
	
DEVELOPMENT SERVICES TO BE PROVIDED BY TDT 

 

	
2.1  
	
ABWN hereby retains the services of TDT to develop the Custom Software in accordance with Design Specifications. TDT shall develop, deliver, help integrate, support and maintain the Custom Software as required by the provisions of this Agreement.

	
 
	
 

	
2.2
	
ABWN shall deliver to TDT a Delivery Order for each Project. TDT shall countersign each Delivery Order and send it to ABWN, to be received by ABWN within a commercially reasonable period of time after receipt to TDT of the original Delivery Order. Each Delivery Order shall include an Implementation Schedule, and may be varied by written agreement between the parties to specify the terms on which the parties agree that TDT shall undertake the requested work.

	 	
	

2.3
	

In the event the Custom Software does not otherwise meet ABWN’s requirements (including as to ownership and/or other rights in respect of it); then, without prejudice to its other rights under, ABWN is entitled, at its option, to either perform the work itself or to commission such Custom Software from one or more third parties. In such event, TDT shall not unreasonably refuse ABWN access to relevant interface definitions, source code and other information and material as reasonably necessary for development of such Custom Software, subject to ABWN’s agreement to appropriate confidentiality provisions at least as protective as those set forth herein for protection of such definitions, source code and other information and materials. In addition, each such third party shall be deemed to be an ABWN “Recipient.” 

  

	
2.4
	
The parties agree that, notwithstanding any other provision(s) of this Agreement, they may in their discretion mutually agree (in writing) to vary and/or dispense with any or all of the product ordering, development, testing and acceptance procedures set out in this Agreement. 

 

	
3.
	
IMPLEMENTATION AND ACCEPTANCE OF DESIGN SPECIFICATIONS AND CUSTOM SOFTWARE 

 

	
3.1
	
On execution of a Delivery Order, TDT shall, with ABWN’s cooperation, gather the necessary detailed requirements and develop and deliver to ABWN a set of Design Specifications meeting ABWN’s requirements as set out in such Delivery Order. The authorized representative of TDT shall certify to ABWN in writing that such Design Specifications are fully capable of meeting ABWN’s requirements as contained in such Delivery Order, except as expressly agreed to otherwise in writing by ABWN. Such Design Specifications shall be delivered to ABWN on or before the specified time set forth in the Implementation Schedule. Within a mutually agreed upon date after the delivery of such Design Specifications to ABWN, ABWN shall notify TDT in writing of its acceptance or reasonable good faith rejection of such Design Specifications. If such Design Specifications are rejected, ABWN will specify the reasons for such rejection in such notice and TDT shall, within a commercially reasonable period of time, revise and re-deliver amended Design Specifications to ABWN for acceptance. If ABWN again reasonably and in good faith rejects the amended Design Specifications, ABWN shall within five (5) days of such rejection send TDT written notice of same which shall specify the reasons for such rejection; and ABWN shall have the right to terminate such Delivery Order pursuant to Section ___ of this Agreement. If ABWN has neither accepted nor rejected such Design Specifications within a reasonable amount of time after the delivery thereof (being not less than 30 days from receipt by ABWN), such Design Specifications shall be deemed to have been accepted by ABWN. 

 

	 
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3.2
	
TDT shall ensure that the Design Specifications: 

 

	

	
3.2.1
	
Adequately and accurately provide for the implementation of the functions to be performed by the Custom Software as described in the Delivery Order; 

 

	

	
3.2.2
	
Are written in a language readily comprehensible to ABWN’s employees and consultants involved in work which relates to such Custom Software (and similarly as to all reference portions of other documents); 

 

		
3.2.3
	
Do not refer to any document not provided to or in the possession of ABWN; and

 

		
3.2.4
	
Include a module overview, definition or logical and data processing flows, module processing logic, module inputs, module outputs, file/database structure, module interfaces and module processing components.

 

	
3.3
	
TDT will ensure that as far as reasonably possible the Design Specifications include provision for necessary third party software and compatible operating and infrastructure environment. ABWN will use reasonable efforts to identify for TDT any issues which ABWN believes are relevant to the operating environment and infrastructure relating to the Custom Software.

 

	
4.
	
PROJECT MANAGEMENT; DELIVERY

 

	
4.1
	
Project Coordinators

	
 
	
 
	
 

	
 
	
4.1.1 
	
Each party shall designate, upon commencement of this Agreement, a Project Coordinator to be assigned by that party to supervise the work hereunder:

 

		
4.1.2
	
The first point of contact(POC) shall be the TDT Project Coordinator/Liaison (LNO) for TDT and shall be the ABWN Project Coordinator/Software Manager for ABWN.

 

		
4.1.3
	
Either party may change its Project Coordinator from time to time and shall immediately notify the other party of any such change.

 

		
4.1.4
	
For purposes of any Delivery Order, the TDT Project Coordinator and the ABWN Project Coordinator shall also coordinate the services provided pursuant to such Delivery Order, unless otherwise agreed, prior to signing the acknowledgement of the Delivery Order.

 

	 
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4.2
	
Periodic Progress Reports

 

	
 
	4.2.1	TDT shall provide periodic progress reports as agreed and assigned in any Delivery Order.

 

	
4.3
	
Change Order Procedure 

 

	
 
	4.3.1	All changes to the Design Specifications or to any Delivery Order must be requested in writing and require mutual agreement, in accordance with the procedure set forth in Schedule 2 attached hereto and incorporated herein by reference.
	
 
	
 
	
 

	
 
	4.3.2 	Evaluation and/or implementation of requested changes may or may not result in any modification to the Development Fee (as defined in Section 8.1 of this agreement), Implementation Schedule or other terms of this Agreement. TDT assumes the risk of any work performed or action taken by TDT based upon oral statements, or on documents or notations, not in accordance with the Design Specifications, this Section 4.3, any Delivery Order and such Schedule 2.
	
 
	
 
	
 

	
 
	4.3.3	If the Delivery Order will in TDT’s reasonable opinion, require a delay or an extension of the completion date of the software, or an increase of cost, then TDT and ABWN may in that case elect to either

 

	
 
	
 
	a)	Withdraw the proposed Delivery Order, or
	
 
	
 
	
 
	
 

	
 
	
 
	b)	Require TDT to deliver the software with the proposed change, subject to the delay or additional expense

 

	
5.
	
PERFORMANCE 

 

	
5.1
	
Performance of work associated with the development of Custom Software shall be carried out in accordance with the relevant Delivery Order, subject to any changes agreed under Section 4.3 of this Agreement. 

 

	
5.2
	
TDT shall use all due skill and care in developing the Custom Software. 

 

	
5.3
	
Time shall be of the essence of the performance of the work under a Delivery Order, which shall also mean in relation to any Milestone. 

 

	
5.4
	
In the event any Milestone is not met due to any delay caused by acts or omissions of TDT, and subject to any changes in the Implementation Schedule agreed in writing under Section 4.3 of this Agreement or otherwise or any extensions as provided for below in this Section 5.4, ABWN shall not be required to remit the relevant payment except for properly incurred actual out of pocket expenses, as evidenced by appropriate written documentation, which is associated with such Milestone, until such Milestone is met. To the extent that TDT reasonably and in good faith believes that a Milestone is not met or is expected to not be met due to any acts or omissions of ABWN, the parties will, acting reasonably and in good faith, agree to an equitable extension of the deadline for such Milestone. In the absence of such Agreement, the Dispute Resolution Procedure will be applied to agree upon an extension. In the event that the deadline for a Milestone, as extended, is again not met or is expected not to be met due to any acts or omissions of ABWN, the same extension procedure shall apply. The parties acknowledge and agree that TDT will not be deemed to have failed to meet a Milestone for which the deadline has passed, if such Milestone is subject to good faith extension negotiations. 

 

	
5.5
	
Additionally, TDT shall use commercially reasonable efforts to ensure that such delay does not result in the delay of later Milestones. 

 

	 
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5.6
	
In the event that the parties have agreed that, in respect of any individual Delivery Order, ABWN has a right of termination at any Milestone due to TDT’s failure to meet such Milestone on a timely basis pursuant to Section 5.4, then in the event that ABWN exercises such right of termination, unless otherwise agreed in writing, ABWN shall pay to TDT the full amount due to TDT, up to and including the last achieved Milestone, (including any percentage of the Milestone payment currently withheld by ABWN under the agreed payment structure) in which event:

 

	
 
	
5.6.1
	
TDT shall assign to ABWN all the Intellectual Property Rights in and, unless agreed otherwise, the corresponding source code for, such partially completed Custom Software; or 

 

	
6.
	
ACCEPTANCE TESTING 

 

	
6.1
	
After TDT has certified to ABWN in writing that the Custom Software has been delivered and installed, that TDT has tested the Custom Software and the Custom Software is fully operational and fully integrated with any and all pre-existing software or equipment in the ABWN environment in which the Custom Software must operate and is ready for acceptance testing by ABWN; ABWN shall conduct ABWN Alpha Testing, as set out in the Design Specifications (“ABWN Alpha Testing”) at a time which is convenient for both parties and in accordance with the relevant Implementation Schedule. 

 

	
6.2
	
TDT personnel will be entitled to be present for the ABWN Acceptance Testing. 

 

	
6.3
	
If the Custom Software fails the Alpha Testing, ABWN shall so notify TDT in writing within a reasonable period following such failure specifying the nature of the failure, and TDT shall use all reasonable efforts to correct the failure after which ABWN shall repeat the ABWN Alpha Testing, using the same procedure. 

 

	
6.4
	
If the Custom Software again fails to pass the ABWN Alpha Testing, either ABWN or TDT shall have the option to terminate, in whole or in part, the applicable Delivery Order. 

 

	
6.5
	
In the event of termination under Section 6.4 above, unless otherwise agreed in writing, ABWN shall pay to TDT the full amount due to TDT, up to and including the last achieved Milestone, in which event TDT completed.

	
 
	
 

	
6.5.1
	
 shall assign to ABWN all the Intellectual Property Rights in and the corresponding source code for, such partially completed Custom Software.

   

	
7.
	
BETA TESTING 

 

	
7.1
	
Upon successful completion of ABWN Alpha Testing, ABWN shall use the Custom Software on its own environment for an initial thirty (30) day period or as otherwise agreed in writing, as set forth in the relevant Implementation Schedule, for the processing of ABWN’s data in an operational environment (the “Beta Test”). The Beta Test shall be successfully completed upon notice from ABWN to TDT that ABWN is satisfied, in its reasonable good faith discretion, that for a mutually agreed-upon period, (i) all of the functions of the Custom Software have been provided and perform in accordance with this Agreement and the Design Specifications, and (ii) all reliability and performance standards have been met or exceeded (the “Final Custom Software Acceptance”). 

 

	 
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7.2
	
If the Custom Software fails to pass the Beta Test, ABWN shall so notify TDT in writing specifying the nature of such failure(s) in reasonable detail and TDT shall use all reasonable efforts to correct the specified failure(s) after which ABWN shall commence a second Beta Test. 

 

	
7.3
	
If ABWN reasonably and in good faith determines that the Custom Software fails to pass this second Beta Test, ABWN shall have, upon written notice to TDT, the option to terminate, in whole or in part, the applicable Delivery Order. In the event of such termination, unless otherwise agreed in writing, ABWN shall pay to TDT the full amount due to TDT, up to and including the last achieved Milestone, in which event TDT shall assign to ABWN all the Intellectual Property Rights in and, unless agreed otherwise, the corresponding source code for, such partially completed Custom Software.

 

	
8.
	
PRICE AND PAYMENT 

 

	
8.1
	
In consideration for the development of the Design Specifications and the discharge of TDT’s obligations under this Agreement, ABWN shall pay to TDT a fee; which shall not exceed One Million Dollars, ($1,000,000) (the “Development Fee”). The Development Fee forthe of Custom Software shall be as agreed under each Delivery Order on the principles set out in this article, or as subsequently varied by written agreement between the parties from time to time. 

 

	
8.2
	
ABWN, in its sole and absolute discretion, shall have the option to pay a Quarterly Progress Development Fee, not to exceed 25% or any portion thereof, by the issuance to TDT of that number of shares of ABWN’s common stock equal to the Quarterly TDT payment as determined by dividing the amount of such Quarterly Progress Development Fee by the 120 day average volume weighted average price of ABWN’s common stock determined on the date of acceptance by ABWN of the Milestone for which such Quarterly Development Fee is due and payable. Schedule 3

 

	
8.3
	
Payment of the Software Development Fee for each Month’s personnel work accepted by ABWN will be made by ABWN in accordance with the payment provisions of the relevant Implementation Schedule. ABWN agrees to pay TDT a fixed monthly fee of 9,000 EUROS per software developer and LNO base on the monthly development schedule and change order. This is the net cost to ABWN to include all taxes and fees. For planning purpose in concept ABWN agrees to the following:

Months 1 to 3 – LNO plus not to exceed three software developers

Months 4 to 6 – LNO plus not to exceed six software developers

Months 7 to 12 – LNO plus not to exceed nine software developers

 

	
8.4
	
TDT shall provide defect correction on all Custom Software during the Warranty Period (as defined in Paragraph 9.3.6) at no cost to ABWN. 

 

	 
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8.5
	
TDT shall maintain complete and accurate accounting records, in a form in accordance with generally accepted accounting principles, to substantiate TDT charges hereunder, and TDT shall retain such records for a period of six (6) years from the date of final payment hereunder. 

 

	
8.6
	
ABWN shall have the right to audit or have audited the books and records of TDT relating to the amounts invoiced to ABWN hereunder for the purpose of verifying the amounts due and payable hereunder, upon at least five (5) business days’ notice to TDT. TDT shall afford access to ABWN’s representatives for the purpose of performing such audits. The cost of such audit shall be at ABWN’s expense; provided, however, that TDT will pay the cost of such audit, if such audit reveals any overpayment which, in the aggregate, is greater than three percent (3%) of the amount which was actually due for the period being audited. 

 

	
8.7
	
In the event that any payments hereunder become due and payable by one party (the “Owing Party”) at a time when there is a bona fide claim (i.e. a disputed or overdue payment as opposed to an amount owed in the normal course) against the other party (the “Owed Party”) by the Owing Party, the Owing Party shall be entitled to pay any such amount into a joint interest-bearing deposit account in the joint names of Owing Party’s attorneys and the Owed Party’s attorneys (the “Escrow Account”) pending resolution of such claim in accordance with the Dispute Resolution Procedure. Upon resolution of such claim, the Owed Party shall be entitled to payment from the Escrow Account of an amount which does not exceed the amount due to it from the Owing Party in relation to the resolved claim, with the balance standing to the credit of the Escrow Account being payable to the Owing Party. Interest accrued in the Escrow Account shall be apportioned pro rata between the payments made out of the Escrow Account as referred to above. 

 

	
9.
	
WARRANTIES AND REPRESENTATIONS 

 

	
9.1
	
Each party hereby represents and warrants to the other that: 

 

	

	
9.1.1
	
party has all requisite power and authority to execute this Agreement and to perform its obligations hereunder. The execution, delivery and performance of this Agreement and the transactions contemplated thereby have been duly authorized and approved by such party; 

 

	

	
9.1.2 
	
the execution and delivery of this Agreement by such party, and the consummation by such party of the transactions contemplated herein, will not breach or violate the organizational documents or any material contract, agreement, instrument, judgement, law or license which is applicable to such party, or to which such party is obligated; and 

 

	

	
9.1.3 
	
it shall be responsible for obtaining any consent, approval or authorization of, or notice to, any governmental or regulatory authority or agency which is required to be obtained by such party in connection with its execution, delivery and performance of this Agreement. 

 

	 
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9.2
	
TDT hereby warrants and represents to ABWN as follows: 

 

	

	
9.2.1 
	
The Custom Software to be developed by or on behalf of TDT hereunder shall be of professional quality and will conform to generally accepted standards for software applicable to the Custom Software. Any services performed by or on behalf of TDT which are determined by ABWN to be to be of less than professional quality or which contain errors or defects shall be corrected by TDT without charge. 

 

	

	
9.2.2 
	
The Design Specifications and Custom Software developed by or on behalf of TDT will contain only (i) original material created by or on behalf of TDT or (ii) material which has been properly licensed from third parties and has been used by or on behalf of TDT in accordance with the licenses for such materials, provided that the inclusion of all such third-party materials shall have been agreed to by ABWN. 

 

	

	
9.2.3 
	
Neither any Design Specifications nor any Custom Software developed by or on behalf of TDT under any Delivery Order has been or will be assigned, transferred or otherwise encumbered, and neither any Design Specifications nor any Custom Software developed by or on behalf of TDT nor any portion thereof, infringes any patents, copyrights, trade secrets, or other proprietary rights of any third party, and TDT has no reason to believe that any such infringement or claims thereof could be made by third parties. 

 

	

	
9.2.4 
	
TDT has obtained or will obtain all necessary rights and licenses to third party materials included in the Design Specifications or Custom Software developed by or on behalf of TDT to enable ABWN to use and allow use of the Design Specifications and Custom Software developed by or on behalf of TDT for the purposes allowed hereunder and has provided or will provide to ABWN copies of all documents granting all such rights and licenses. 

 

	

	
9.2.5 
	
To the best of TDT’s knowledge, the Custom Software developed by or on behalf of TDT, upon Acceptance by ABWN, shall be free of any and all back doors, malware, “time bombs,” and (as agreed) copy protect mechanisms which may disable the Custom Software developed by or on behalf of TDT or such other software, and TDT agrees to ensure that no data is lost as a result of same that was present in the Custom Software developed by or on behalf of TDT when accepted by ABWN. In addition, TDT warrants that its quality assurance procedures include testing the Custom Software developed by or on behalf of TDT for viruses using such virus testing utilities as are agreed from time to time between the parties. 

 

	

	
9.2.6 
	
The Custom Software developed by or on behalf of TDT shall function properly and in substantial conformity with the relevant Design Specifications and/or Delivery Order for a period of twelve months after the relevant Final Custom Software Acceptance (“the Warranty Period”). During the Warranty Period, TDT shall, as soon as possible, correct any defects identified by TDT or by ABWN at no cost. 

 

	
9.3
	
ABWN hereby warrants and represents to TDT as follows: 

 

	

	
9.3.1 
	
The Design Specifications and Custom Software developed by ABWN hereunder will contain only (i) original material created by ABWN or such third party; or (ii) material which has been properly licensed from third parties and has been used by ABWN or such third party in accordance with the licenses for such materials. 

 

	 
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9.3.2 
	
Neither any Design Specifications nor any Custom Software nor any portion thereof developed by ABWN or a third nor any portion thereof, infringes any patents, copyrights, trade secrets, or other proprietary rights of any third party, and ABWN has no reason to believe that any such infringement or claims thereof could be made by third parties. 

 

	

	
9.3.3 
	
ABWN has obtained or will obtain all necessary rights and licences to third party materials included in the Design Specifications or Custom Software developed by ABWN or a third party to enable TDT to use and allow use of such Design Specifications and Custom Software for the purposes allowed hereunder and has provided or will provide to TDT copies of all documents granting all such rights and licenses. 

 

	

	
9.3.4 
	
To the best of ABWN’s knowledge all Custom Software developed by ABWN or a third party and provided to TDT hereunder shall be free of any and all “time bombs,” malware, disabling mechanisms and (as agreed) copy protect mechanisms which may disable such Custom Software or any other software, and ABWN agrees to ensure that no data is lost as a result of same that was present in such other software. In addition, ABWN warrants that such Custom Software shall be subject to quality assurance procedures which shall include testing of such Custom Software for viruses using such virus testing utilities as are agreed from time to time between the parties.

 

	

	
9.3.5 
	
In the event TDT notifies ABWN of any defects in the Custom Software developed by ABWN or a third party and provided to TDT hereunder ABWN shall, as soon as possible, correct any such defects identified by TDT at no cost to TDT. 

 

	
9.4
	
NO OTHER REPRESENTATION, CONDITION OR WARRANTY, EXPRESS OR IMPLIED, IS MADE WITH RESPECT TO THE CUSTOM SOFTWARE OR ANY OTHER SOFTWARE OR SERVICES PROVIDED UNDER THIS AGREEMENT, INCLUDING WITHOUT LIMITATION ANY IMPLIED WARRANTY OF MERCHANTABILITY, SATISFACTORY QUALITY OR FITNESS FOR A PARTICULAR PURPOSE. 

 

	
10.
	
CONFIDENTIALITY 

 

	
10.1
	
Each Receiving Party shall: 

 

	

	
10.1.1
	
keep all Confidential Information confidential; 

 

	

	
10.1.2
	
not disclose any Confidential Information to any person, other than in accordance with this Article 10, unless it first obtains the Disclosing Party’s written consent; and 

 

	

	
10.1.3
	
not use any Confidential Information for any purpose other than the performance of its obligations under this Agreement or, in the case of TDT, using and allowing the use of, and the management, support, maintenance or development of, the Custom Software. 

 

	 
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10.2
	
TDT may disclose Confidential Information to its employees, customers, and to third parties (and their employees) contracted (or with whom TDT is negotiating with a view to contracting) (each a” Recipient of TDT”) to provide auditing, hardware or software facilities management, support, maintenance or development services to TDT, to the extent reasonably necessary for the purposes of this Agreement. 

 

	
10.3
	
During the term of this Agreement ABWN may disclose Confidential Information to its employees and to third parties to the extent reasonably necessary for the purposes of this Agreement (each a “Recipient of ABWN.”) 

 

	
10.4
	
The Receiving Party shall ensure that each person who receives Confidential Information pursuant to Section 10.2 of this Agreement (a “Recipient”) is made aware of and complies with all the Receiving Party’s obligations of confidentiality under this Agreement, as if the Recipient was a party to this Agreement. The Receiving Party shall be liable for any and all acts or omissions of its Recipient which violate the Receiving Party’s obligations of confidentiality hereunder.

 

	
10.5
	
The Receiving Party may disclose Confidential Information when disclosure is required by law, a court of competent jurisdiction or by a regulatory body with authority over its business, provided that the Receiving Party gives the Disclosing Party as much notice as is reasonably possible of the disclosure. 

 

	
10.6
	
The obligations contained in this Article 10 do not apply to Confidential Information which: 

 

	

	
10.6.1
	
is at the date of this Agreement or at any time after the date of this Agreement comes into the public domain other than through breach of this Agreement by the Receiving Party or any Recipient. 

 

	

	
10.6.2
	
can be shown by the Receiving Party to the reasonable satisfaction of the Disclosing Party to have been known by the Receiving Party before disclosure by the Disclosing Party to the Receiving Party; 

 

	

	
10.6.3
	
was developed by the Receiving Party independently from and without reference to the Confidential Information of the Disclosing Party; or 

 

	

	
10.6.4
	
subsequently comes lawfully into the possession of the Receiving Party from a third party. 

 

	
10.7
	
For the purposes of this article, “Confidential Information” means all information of a confidential nature disclosed (whether in writing, verbally or by any other means and whether directly or indirectly) by one party (the “Disclosing Party”) to the other party (the “Receiving Party”) whether before or after the date of this Agreement, including, without limitation, any information relating to the Disclosing Party’s products, operations, processes, plans or intentions, product information, Intellectual Property Rights, market opportunities and business affairs or those of its customers, or other contacts. 

 

	
 
	10.8	The Receiving Party’s obligation with respect to the Confidential Information of the Disclosing Party shall survive the termination or expiration of this Agreement.

 

	 
	13
	

 
	 

 

	
11.
	
OWNERSHIP RIGHTS

 

	11.1 	It is understood and agreed that the Custom Software is being developed by TDT for the sole and exclusive use of ABWN, and ABWN shall be deemed the sole and exclusive owner of all right, title, and interest therein, including all copyright and proprietary rights relating thereto. All work performed by TDT on the Custom Software and any supporting materials and documentation therefor shall be considered as “Work Made for Hire” (as such are defined under the Unites States Copyright Laws) and, as such, shall be owned by and for the sole and exclusive benefit of ABWN.
	
 
	
 

	11.2 	ABWN has the right to use or not use the Custom Software and to use, reproduce, re-use, alter, modify, edit, or change the Custom Software as it sees fit and for any purpose.
	
 
	
 

	11.3 	In the event that it should be determined that any of Custom Software or supporting documentation does not qualify as a “Work Made for Hire,” TDT will and hereby does assign to ABWN for good and valuable consideration, the receipt and sufficiency of which hereby acknowledged, all right, title, and interest that it may possess in such Custom Software and the underlying materials and documentation, including, but not limited to, all copyright and proprietary rights relating thereto. Upon request, TDT will take such steps as are reasonably necessary to enable ABWN to record such assignment at its own cost and expense.
	
 
	
 

	11.4 	TDT will sign, upon request, any documents needed to confirm that the Custom Software or any portion thereof is a Work Made for Hire and to effectuate the assignment of its rights to ABWN.
	
 
	
 

	11.5 	TDT will assist ABWN and its agents, upon request, in preparing United States and foreign copyright, trademark, and/or patent applications covering the Custom Software. TDT will sign any such applications, upon request, and deliver them to AIBORNE. ABWN will pay all expenses that it causes to be incurred in connection with such copyright, trademark, and/or patent protection.

 

	
12.
	
INDEMNITY 

 

	
12.1
	
TDT Infringement Indemnity. 

 

	

	
12.1.1
	
TDT shall indemnify ABWN from and against any and all costs (including reasonable legal fees), expenses, claims, damages, losses, actions and judgements which ABWN may suffer as a direct result of any third party claim that any Custom Software developed by TDT, or any portion thereof, in the normal course infringes the Intellectual Property Rights of any third party. 

 

	

	
12.1.2
	
Indemnification under this Section 12.1 is contingent on TDT being notified promptly of such action, claim, suit or proceeding in writing and being given authority, control and full and proper information and assistance (at TDT’s cost) in the defense and settlement of such action, claim, suit or proceeding. 

 

	

	
12.1.3
	
If TDT’s products, the Custom Software, or other software, content, data or other materials provided by or on behalf of TDT under this Agreement become, or in TDT’s reasonable good faith opinion are likely to become the subject of such a claim of infringement, TDT may at its option and expense (1) within a commercially reasonable period of time secure for ABWN the right to continue using the allegedly infringing items; (2) within a commercially reasonable period of time replace or modify the allegedly infringing items to make them non-infringing; (3) litigate with the alleged infringer, and/or (4) terminate this Agreement with respect to such infringing item only, without prejudice to any rights ABWN may have under Paragraph 12.1.1 of this Agreement or otherwise under this Agreement in respect of the said infringement or said termination.

 

	 
	14
	

 
	 

 

	

	
12.1.4 
	
Notwithstanding the foregoing, TDT has no obligation to ABWN under this indemnity in connection with any claim or allegation to the extent resulting directly from (i) the negligent use of the Custom Software developed hereunder by TDT, other software developed by TDT, content or data provided by or on behalf of TDT hereunder; or (ii) the use of the Custom Software developed by TDT, other software developed by TDT, content, or data provided hereunder by or on behalf of TDT other than in accordance with this Agreement and the documentation, manuals or other written instructions or specifications provided by or on behalf of TDT; or (iii) modifications or alterations to any of the Custom Software developed by TDT, other software developed by TDT, content or data provided by or on behalf of TDT which are made other than by TDT; or (iv) ABWN’s failure to use corrections or enhancements made available by or on behalf of TDT; or (v) ABWN’s use of the Custom Software developed by or on behalf of TDT, content or data provided by or on behalf of TDT in combination with any product or information not owned or developed or provided by TDT or any third party (other than ABWN) on behalf of TDT; or (vi) ABWN’s distribution, marketing or use for the benefit of third parties (other than by using in the normal course marketing material(s) provided by or on behalf of TDT and/or otherwise as specifically allowed under this Agreement) of the Custom Software developed hereunder by TDT, other software developed by TDT hereunder, content or data provided hereunder by on or behalf of TDT; or (vii) information, data, hardware, software or other materials provided hereunder by ABWN or any third party on behalf of ABWN; or (viii) Custom Software or other software developed by ABWN or a third party on behalf of ABWN hereunder. 

 

	
12.2
	
ABWN Infringement Indemnity. 

 

	

	
12.2.1 
	
ABWN shall indemnify TDT from and against any and all costs (including reasonable legal fees), expenses, claims, damages, losses, actions and judgements which TDT may suffer as a direct result of any third party claim that any Custom Software developed by ABWN or a third party (other than TDT) on behalf of ABWN, or any portion thereof, in the normal course infringes the Intellectual Property Rights of any third party. 

 

	

	
12.2.2 
	
Indemnification under this Section 12.2 is contingent on ABWN being notified promptly of such action, claim, suit or proceeding in writing and being given authority, control and full and proper information and assistance (at ABWN’s cost) in the defense and settlement of such action, claim, suit or proceeding. 

 

	

	
12.2.3 
	
If the Custom Software developed by ABWN or a third on behalf of ABWN, other software developed or provided by ABWN or a third party on behalf of ABWN, content, data or other materials provided by or on behalf of ABWN hereunder become, or in ABWN’s reasonable good faith opinion are likely to become the subject of such a claim of infringement, ABWN may at its option and expense: (1) within a commercially reasonable period of time secure for TDT the right to continue using the allegedly infringing items; (2) within a commercially reasonable period of time replace or modify the allegedly infringing items to make them non-infringing; (3) litigate with the alleged infringer; and/or (4) terminate this Agreement only, without prejudice to any rights TDT may have under Paragraph 12.2.1 or otherwise under this Agreement in respect of the said infringement or said termination. 

 

	 
	15
	

 
	 

 

	

	
12.2.4 
	
Notwithstanding the foregoing, ABWN has no obligation to TDT under this indemnity in connection with any claim or allegation to the extent resulting directly from: (i) the negligent use of the Custom Software developed by ABWN or a third partyon behalf of ABWN hereunder, other software developed or provided by ABWN or a third party on behalf of ABWN hereunder, content, data or other materials provided by or on behalf of ABWN hereunder; or (ii) the use of the Custom Software developed by ABWN or a third party on behalf of ABWN hereunder, other software developed or provided by ABWN or a third party on behalf of ABWN hereunder, content, data or other materials provided by or on behalf of ABWN hereunder other than in accordance with this Agreement and the documentation, manuals or other written instructions or specifications provided by or on behalf of ABWN; or (iii) modifications or alterations to any of the Custom Software developed by ABWN or a third party on behalf of ABWN hereunder, other software developed or provided by ABWN or a third party on behalf of ABWN hereunder, content, data or other materials provided by or on behalf of ABWN hereunder which are made other than by ABWN or its designee or subcontractor (which designee or subcontractor may, at the request of ABWN, be TDT (iv) TDT’s failure to use corrections or enhancements made available by or on behalf of ABWN; or (v) TDT’s distribution, marketing or use for the benefit of third parties (other than by using in the normal course of marketing material(s) provided by or on behalf of ABWN and/or otherwise as specifically allowed under this Agreement) of the Custom Software developed by ABWN or a third party on behalf of ABWN hereunder, other software developed or provided by ABWN or a third party (other than any TDT Group member(s)) on behalf of ABWN hereunder, content, data or other materials provided hereunder by or on behalf of ABWN hereunder; or (vii) information, data, hardware, software or other materials provided hereunder by TDT or the TDT Group or any third party (other than by or on behalf of ABWN) on behalf of TDT or the TDT Group; or (viii) Custom Software developed by any TDT Group member(s) on behalf of ABWN hereunder.

 

	
13.
	
GENERAL INDEMNITY AND LIABILITY 

	
 
	
 

	
 
	
Each party (the “Indemnifying Party”) shall indemnify, defend and hold harmless the other party and its officers, directors, agents and employees (each an “Indemnified Party”) from and against any and all liabilities, damages, losses, expenses, claims, demands, suits, fines or judgments, including reasonable attorneys’ fees, and costs and expenses incidental thereto, which may be suffered by, accrued against, charged to or recoverable from the Indemnified Party arising out of or resulting from claims of bodily injury, loss, claim or damage or physical destruction of property and any claims of third parties arising out of the performance of this Agreement and/or any breach of this Agreement by the Indemnifying Party, its officers, directors, agents, employees and subcontractors. 

 

	
14.
	
TERM AND TERMINATION 

 

	
14.1
	
This Agreement shall be for a term of twelve (12) months from the Effective Date.

	
 
	
 

	
 

14.2
	

1A party (the “Initiating Party”) may terminate this Agreement with immediate effect by written notice to the other party (the “Breaching Party”) on or at any time after the occurrence of an event specified in Section 14.2 of this Agreement in relation to the Breaching Party. 

 

	 
	16
	

 
	 

 

	
14.3
	
The events are: 

 

	

	
14.3.1 
	
the Breaching Party is in material breach of an obligation under this Agreement and, if the breach is capable of remedy, failing to remedy the breach within 30 days starting on the day after receipt of written notice from the Initiating Party giving details of the breach and requiring the Breaching Party to remedy such breach; 

 

	

	
14.3.2 
	
the Breaching Party adopts a resolution for its winding up or a court of competent jurisdiction making an order for the Breaching Party’s winding up or dissolution; or 

 

	

	
14.3.3 
	
the making of an order by a court of competent jurisdiction in relation to the Breaching Party or the appointment of a receiver over, or an encumbrancer taking possession of or selling, an asset of the Breaching Party. 

 

	
14.4
	
ABWN may terminate work under a Delivery Order upon written notice to TDT: 

 

	

	
14.4.1 
	
in the event that ABWN rejects any amended Design Specifications pursuant to Section 3.1; 

 

	

	
14.4.2 
	
in the event that the Custom Software fails to pass ABWN Alpha Testing as more particularly described in Article 6; 

 

	

	
114.4.3 
	
in the event that the Custom Software fails to pass the Beta Testing as more particularly described in Article 7; or

 

	

	
14.4.4 
	
for cause, at any Milestone, as provided in Section 5.6. 

 

	
14.5
	
In the event of termination, each party will return all proprietary Confidential Information or tangible property of the other party which is in its possession to the other party. 

 

	
14.6
	
Unless otherwise provided in this Agreement, immediately upon termination ABWN shall pay to TDT all outstanding invoices and other payments due to TDT in respect of Milestones attained by TDT and TDT shall pay to ABWN any sums accrued and due hereunder to ABWN. 

 

	
14.7
	
Both parties shall have an obligation to take such action as may be reasonably necessary to minimize damages to the parties on termination of this Agreement, including, without limitation, minimizing all contractual obligations that but for this Agreement, neither party would have entered into. 

 

	
15.
	
DISPUTE RESOLUTION 

 

	
15.1
	
This Agreement shall be governed by and construed in accordance with Nevada law. 

 

	 
	17
	

 
	 

 

	
15.2
	
Initial Procedures. 

	
 
	
 

	
 
	
The parties shall make all reasonable efforts to resolve all disputes without resorting to litigation. If a dispute arises between the parties, the President of TDT and the President of ABWN will attempt to reach an amicable resolution. If either of them determines that an amicable resolution cannot be reached, they shall submit such dispute in writing (a “Dispute Notice”), to the Chairman of the Board of Directors of TDT and the Chairman of the Board of Directors of ABWN (the “Management Representatives”), who shall use their best efforts to resolve it or to negotiate an appropriate modification or amendment. 

  

	
15.3
	
Except as otherwise provided in this Agreement, neither party shall be permitted to bring any proceedings against the other (except for injunctive relief) until the earlier of (i) the date the Management Representatives conclude in good faith that an amicable resolution of the dispute through continued negotiation is unlikely, or (ii) sixty (60) days from the date of submission of a Dispute Notice by either party. 

 

	
16.
	
FORCE MAJEURE 

 

	
16.1
	
If a party (the “Affected Party”) is prevented, hindered or delayed from or in performing any of its obligations (other than the payment of monies) under this Agreement by a Force Majeure Event: 

 

	

	
16.1.1 
	
the Affected Party’s obligations under this Agreement are suspended while the Force Majeure Event continues and to the extent that it is prevented, hindered or delayed; 

 

	

	
16.1.2 
	
as soon as reasonably possible after the start of the Force Majeure Event the Affected Party shall notify the other party in writing of the Force Majeure Event, the date on which the Force Majeure Event started and the effects of the Force Majeure Event on its ability to perform its obligations under this Agreement; 

 

	

	
16.1.3 
	
the Affected Party shall make all reasonable efforts to mitigate the effects of the Force Majeure Event on the performance of its obligations under this Agreement; and 

 

	

	
16.1.4 
	
as soon as reasonably possible after the end of the Force Majeure Event the Affected Party shall notify the other party in writing that the Force Majeure Event has ended and resume performance of its obligations under this Agreement. 

 

	
16.2
	
If the Force Majeure Event continues for more than three months starting on the day the Force Majeure Event starts, the non-Affected Party may terminate this Agreement by giving not less than 30 days’ written notice to the Affected Party. 

 

	
16.3
	
In this article, “Force Majeure Event” means an event beyond the reasonable control of the Affected Party including, without limitation, act of God, war, riot, civil commotion, malicious damage, compliance with a law or governmental order, rule, or regulation, an accident or breakdown of plant or machinery not due to the negligence of the Affected Party, fire, flood and storm. 

 

	
17.
	
NON-SOLICITATION 

	
 
	
 

	
 
	
During the Term, neither party shall employ, solicit or make any offers to employ any employees used by the other in connection with the performance of the services contemplated by this Agreement, without the prior written consent of the other party, which consent shall not be unreasonably withheld. The non-breaching party shall be entitled, in addition to any other remedies it may have at law or in equity, to a payment from the party in breach of this article in an amount equal to three months’ salary of any employee that party employs, solicits or offers to employ in breach of this article. 

 

	 
	18
	

 
	 

 

	
18.
	
MISCELLANEOUS

	
 
	
 

	
18.1
	
Neither party may assign or delegate its rights or obligations under this Agreement without the prior written consent of the other, save that a party shall not unreasonably withhold its consent to the assignment or delegation by the other of its rights and/or obligations to a majority-owned subsidiary of that party, provided that it is satisfied that such subsidiary has the financial and other resources in order properly to perform that party’s obligations hereunder. Subject to the foregoing limitation on assignment, this Agreement is binding upon and inures to the benefit of the successors and assigns of the respective parties hereto

	
 
	
 

	
 
	
ABWN hereby expressly acknowledges and confirms that certain of TDT’s obligations hereunder have historically been outsourced/sub-contracted by TDT and that these arrangements may continue during the Term. Notwithstanding the foregoing, TDT shall remain fully responsible and liable for any and all obligations performed by any such subcontractor, and ABWN shall not be required to seek recourse against any such subcontractor in lieu of or prior to seeking recourse against TDT. 

 

	
18.2
	
Any notice, communication, direction or instrument required or permitted to be given pursuant to this Agreement shall be given in writing by (i) facsimile or electronic transmission or similar method, if confirmed by mail as herein provided; (ii) by mail, if mailed postage prepaid, by certified mail, return receipt requested; or (iii) hand delivery to any party at the addresses of the parties specified below. If given by facsimile or electronic transmission or similar method, or by hand delivery, such notice, communication, direction or instrument shall be deemed to have been given or made on the day on which it was given, and if mailed, shall be deemed to have been given or made on the second (2nd) business day following the day after which it was mailed. Any party may, from time to time by similar notice, give notice of any change of address, and in such event, the address of such party shall be deemed to be changed accordingly. The address, telephone number, facsimile transmission number and email address of each party are:

 

	
 
	
Name:
	
 
	
ABWN WIRELESS NETWORK

	
 
		
 
	
	
 
	
For the attention of:
	
 
	
Michael J. Warren

	
 
		
 
	
	
 
	
Address:
	
 
	
4115 Guardian Street, Suite C

Simi Valley, California 93063

	
 
		
 
	
	
 
	
Contact Info:
	
 
	
Michael@airbornewirelessnetwork.com

+1 805-583-4302

	
 
		
 
	
	
 
	
Name:
	
 
	
Thinking Different Technology

	
 
		
 
	
	
 
	
For the attention of:
	
 
	
Software Development LNO

	
 
		
 
	
	
 
	
Address:
	
 
	
Schoonoord Road

2215 EH Voorhout

The Netherland

	
 
		
 
	
	
 
	
Contact Info:
	
 
	
e-mail ___________________

	
 
		
 
	
Phone ___________________

 

	 
	19
	

 
	 

 

	
18.3
	
TDT is acting as an independent contractor in providing its services. TDT personnel shall remain TDT’s employees for all purposes, including, but not limited to, determining responsibility for all payroll-related obligations. TDT shall at all times be responsible for supervising, directing and coordinating the professional responsibilities and duties of all TDT personnel in respect of their performance of work carried out under this Agreement. Except as otherwise expressly provided in this Agreement, TDT does not undertake to perform any obligations of ABWN, whether regulatory or contractual, or to assume any responsibility for the management of ABWN business.

  

	
18.4
	
If any provision of this Agreement is found to be prohibited by or invalid under applicable law, such provision shall be ineffective to the extent of such prohibition or invalidity, without invalidating the remainder of such provision or the remaining provisions of this Agreement which shall remain in force. 

 

	
18.5
	
No delay or omission by either party to exercise any right or power under this Agreement or pursuant to applicable law shall impair such right or power to be construed as a waiver thereof. A waiver by any party of any covenant or breach shall not be construed to be a waiver of any other covenant or succeeding breach. All waivers must be given in writing by the waiving party to be effective. 

 

	
18.6
	
All media releases, public announcements and public disclosures by either party relating to this Agreement, including, without limitation, promotional or marketing material, but not including any disclosure required by legal, accounting or regulatory requirements, shall be approved by both parties prior to such release. 

 

	
18.7
	
This Agreement (including its Schedules) constitutes the entire agreement between the parties regarding the Custom Software and supersedes all prior agreements and understandings. No amendment, modification, waiver or discharge of this Agreement shall be valid unless in writing and signed by authorized representatives of both parties. 

 

	
18.8
	
This Agreement may be executed in a number of identical counterparts, each of which shall be deemed an original for all purposes and all of which constitute, collectively, one agreement. 

 

	
18.9
	
Except as expressly specified by the provisions of this Agreement, this Agreement shall not be construed to confer upon or give to any person, other than the parties hereto, any right, remedy or claim pursuant to, or by reason of, this Agreement or of any term or condition of this Agreement.

 

	 
	20
	

 
	 

 

	
18.10
	
Such provisions of this Agreement as are required to survive its termination or expiration in order to give full force and effect to the rights and obligations of the parties hereunder shall be deemed to so survive. 

 

	18.11 	By executing this Agreement, each party, for itself, represents such party has read or caused to be read this Agreement in all particulars, and consents to the rights, conditions, duties and responsibilities imposed upon such party as specified in this Agreement. Each party represents, warrants and covenants that such party executes and delivers this Agreement of its own free will and with no threat, undue influence, menace, coercion or duress, whether economic or physical. Moreover, each party represents, warrants, and covenants that such party executes this Agreement acting on such party's own independent judgment.
	
 
	
 

	18.12 	The provisions of this Agreement, in all cases, shall be construed in accordance with the fair meaning of those provisions, as if prepared by both parties and not strictly for or against either party. Each party has reviewed this Agreement. The rule of construction which requires a court to resolve any ambiguities against the drafting party shall not apply in interpreting the provisions of this Agreement.
	
 
	
 

	18.13 	This Agreement may be executed in any number of counterparts, which shall together constitute one Agreement.

 

IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first above written. 

 

 

	
TDT
	
 
	
ABWN WIRELESS NETWORK
	
 

	
 
	
 
	
 
	
 
	
 
	
 

	
By:
	
/s/ Evert Vandenbrandhof 
	
 
	
By:
	
/s/ MJ Warren
	
 

	
 
	
 
	
 
	
 
	
 
	
 

	
Its:
	
 
	
 
	
Its:
	
CEO/ABWN
	
 

 

	 
	21
	

 
	 

 

SCHEDULE 1 (TBIS)

 

DELIVERY ORDER # 1 DTD ____________

 

TO SOFTWARE DEVELOPMENT AGREEMENT 

 

BETWEEN TDT AND ABWN

 

STATEMENT OF WORK:

 

	1.	The ABWN has delivered to TDT a proprietary “high-level” system description request of the ABWN “Infinitus” system.
	
 
	
 

	2.	The parties have agreed that TDT shall work closely with ABWN’s hardware engineers and system integrators (consultant or company-employed) to ensure compatibility of all associated airborne and ground-based/maritime components.
	
 
	
 

	3.	The Parties have agreed to first develop the required portions of the network, which will provide a functional network (Air and Ground – Control, Command, Communication and Coordination for “Infinitus”); the “add on” components of the proposed system will be developed as the system is rolled out.

 

	
 
	A)	Specifications –
	
 
	
 
	
 

	
 
		Each of the items identified in the proprietary document which is described in the GENERAL section of this Schedule has been broken down the module level; ABWN and TDT agree that together, they will further analyze the Software, Firmware and Hardware -requirements, on which TDT then would base its Software.
	
 
	
 
	
 

	
 
		ABWN relies on the expertise of TDT to successfully identify and address these requirements. These final Specifications, which when completed and agreed by the Parties, shall become both the network’s and component level’s “Specifications”.
	
 
	
 
	
 

	
 
	B)	Testing and Commissioning –
	
 
	
 
	
 

	
 
		TDT will be responsible for conducting all activities required to Test and Commission the Software at locations specified by herein and in the attached addenda, if any.

 

DELIVERABLES:

 

	
 
	1.	TDT has committed to help specify, develop and/or support ABWN’s firmware, hardware and software, and TDT has agreed to evaluate all third-party equipment interfaces to be compatible in order to ensure that ABWN’s network would be functional.
	
 
	
 
	
 

	
 
	2.	Based on the agreed understanding of the scope of the above (item A), ABWN and TDT shall further define the specifications, and once defined, TDT shall design, develop, test, and implement the Software in accordance with the above Specifications and determine “The Deliverables”. TDT shall use reasonable efforts to deliver the Software to ABWN, at the milestone dates as mutually agreed following the actions in Item A.
	
 
	
 
	
 

	
 
	3.	As the agreement between the parties is based on an ongoing development process with monthly progress payments. The Parties have agreed to hold monthly progress review meetings and to adjust staffing as deemed needed by ABWN’s development manager, based on dialogue with TDT’s chief engineer.
	
 
	
 
	
 

 

	 
	22
	

 
	 

  

IMPLEMENTATION SCHEDULE AND PAYMENT: 

 

	1.	SCHEDULE: Set out Milestones: TBIS
	
 
	
 

	2.	PAYMENTS & COMPENSATION:

  

	
 
	A.	Deposit amount:
	
 
	
 
	
 

	
 
		ABWN shall pay TDT a start-up fee of $35,000 (USD) upon signing this agreement or at such time both parties agree in writing, to cover initial expenses TDT will have to cover on behalf of ABWN; this includes, but is not limited to initial engineering review and associated costs. Although some preliminary evaluation may have taken place, TDT agrees to formally commence development of the Software upon receipt of this fee.
	
 
	
 
	
 

	
 
	B.	Expiration of Agreement –
	
 
	
 
	
 

	
 
		This agreement will expire 12 calendar-months from the date indicated on top of page one (1) of the Software Development and Compensation Agreement, unless terminated under the terms of section 18, “Termination”.
	
 
	
 
	
 

	
 
	C.	Extension of the Agreement –
	
 
	
 
	
 

	
 
		This Agreement shall be extended by mutual consent only, in the event the Parties agree that more time is required to finalize or troubleshoot The Software. The parties shall determine and agree on the size of the software team required and on the appropriate monthly fees.
	
 
	
 
	
 

	
 
	D.	Early Completion Bonus –
	
 
	
 
	
 

	
 
		Should TDT complete the software, identified in Schedule A, in less time than the time allocated, TDT would receive a bonus equal to the difference between 12 months and the date on which the software is accepted by ABWN (the formula used is based on a 5-day work week, and 4.345 weeks per month and the average of persons used/monthly fees paid).
	
 
	
 
	
 

	
 
	E.	Travel expenses –
	
 
	
 
	
 

	
 
		Should ABWN require TDT’s staff to travel as part of the overall development process, ABWN shall cover all travel and per diem expenses, provided that this travel is pre-authorized in writing by ABWN.
	
 
	
 
	
 

	
 
	F.	Expenses associated with training –
	
 
	
 
	
 

	
 
		TDT shall provide the training as part of its monthly agreement with ABWN; all travel and per diem costs associated with this training shall be pre-authorized and borne by ABWN.

 

	 
	23
	

 
	 

 

	
 
	G.	Third-party Licensing Fees –
	
 
	
 
	
 

	
 
		ABWN shall pay any required third-party software licensing fees which TDT may incur on behalf of ABWN, provided TDT notifies ABWN of the need for such fees, and ABWN reviews and agrees to pay these.
	
 
	
 
	
 

	
 
	H.	Expenses –
	
 
	
 
	
 

	
 
		ABWN shall pay TDT $1500 a month for expenses which TDT incurs in developing the Software, provided that incurred amounts exceeding $1500 per month are pre-approved in writing by ABWN
	
 
	
 
	
 

	
 
	I.	Payment Due Date –
	
 
	
 
	
 

	
 
		Monthly payments are due the first of each month; except as agreed otherwise in writing, all approved expenses will be paid within 30 days of receipt and approval by ABWN.
	
 
	
 
	
 

	
 
	J.	Third Party Licenses –
	
 
	
 
	
 

	
 
		ABWN shall pay for any third-party software licenses, which TDT must obtain on behalf of ABWN, provided the ABWN agrees in writing, prior to the acquisition of such licenses.
	
 
	
 
	
 

	
 
	K.	Should additional interface and/or troubleshooting time be required; this should be negotiated by the parties and will be by mutual consent.
	
 
	
 
	
 

	
 
	L.	All billing and payments will be made monthly

 

PERSONNEL:

 

	
 
	1.	TDT will appoint and establish an individual to act as the designated Liaison Officer (LNO) to function as a go-between and representative for TDT.
	
 
	
 
	
 

	
 
	2.	Ramp-up period 
	
 
	
 
	
 

	
 
		The parties agree that there will be a ramp up period during which TDT will add and train additional software development talent to arrive at the staffing-level to reach the milestones which the parties have and/or will together establish. Agreed ramp-up period may be based on one to three months Three personnel, three to six months up to six personnel, and the last six months up to nine personnel.
	
 
	
 
	
 

	
 
	3.	Monthly fees/personnel
	
 
	
 
	
 

	
 
		Until amended by mutual consent, ABWN agrees to pay TDT a fixed monthly fee of €9,000 per software developer and designated LNO per month, for the first year of this agreement an in accordance with the agreed upon ramp-up structure for Software Development and Compensation Agreement. This cost is the net cost to ABWN and includes all taxes and fees. During the initial ramp-up period, as previously discussed, the personnel count will be limited to three (3) persons, plus the LNO.
	
 
	
 
	
 

	
 
	4.	Amendments to the monthly fee/personnel –
	
 
	
 
	
 

	
 
		Upon consultation with TDT, and with the written approval of ABWN, the parties agree to increase size of the software development team (up to 9 persons maximum) and the resulting monthly fees to reflect this increase, to accelerate the development program. Upon reaching established milestones, the number of software developers may decrease and, at that time, the parties agree to reduce the monthly fees accordingly.

 

	 
	24
	

 
	 

 

INTELLECTUAL PROPERTY OWNERSHIP 

 

IN WITNESS WHEREOF, the parties hereto have caused this Delivery Order to be executed and delivered by their duly authorized representatives, as of the date first written above, and such Delivery Order is hereby incorporated into the above-referenced Agreement. 

 

						
 

	
TDT
		

	
ABWN

					
	
By:
			
By:
		
 

		
Authorized Signature
			
Authorized Signature
	
 

	
 
	
 
	
 
	
 

	
Name:
		
Name:
	

 

	
 
	
 
	
 
	
 

	
Title:
		
Title:
	

 

 

	 
	25
	

 
	 

 

SCHEDULE 2 

CHANGE ORDER PROCEDURE 

 

CHANGE ORDER PROCEDURE 

 

Step 1. Change Identification 

 

Should ABWN wish to request a change in any Design Specifications, it shall submit a change request to TDT. This request (“Change Request”) shall be in writing, authorized by the ABWN Project Coordinator, and submitted to the TDT Project Coordinator. 

 

Step 2. Analysis 

 

The TDT Project Coordinator will handle all initial Change Requests submitted by ABWN, and will assign the appropriate level of technical support personnel to review each such request. TDT personnel will review each request and either produce a proposal with initial designs addressing the parameters specified by ABWN. The proposal will also address the effect, if any, of the change on the Implementation Schedule and/or other terms and conditions of the Software Development Agreement including the Development Fees. The TDT Project Coordinator will submit the proposal to ABWN for its review and approval. 

 

Step 3. Analysis Review. 

 

ABWN will review TDT’s proposal and will authorize TDT in writing to perform one of the following actions: 

 

	
A.
	
cancel initial request (no charges incurred, no change to the Design Specifications) 

 

	
B.
	
perform change at rates and upon terms specified in the proposal submitted by TDT pursuant to Step 2 above 

 

	
C.
	
enter negotiations as to rates and/or terms which will apply to the change 

 

	
Step 4. Implementation 

 

TDT will respond to the corresponding ABWN authorization (as set forth in Step 3 above) as follows: 

 

	
A.
	
cancel all efforts 

 

	
B.
	
begin implementation of change 

 

	
C.
	
negotiate rates quoted and/or terms and conditions specified in the proposal submitted by TDT pursuant to Step 2 (results of negotiation to be reflected in a revised proposal by TDT pursuant to Step 2) 

 

	 
	26
	

 
	 

 

SCHEDULE 3 

QUARTERLY PROGRESS PAYMENT IN EQUITY 

 

Equity Payments for Quarterly Progress 

 

Step 1. Payments in Equity based on Performance for Software Development

 

	
 
	A 	As part of this agreement between ABWN and TDT, ABWN, in its sole discretion, is offering to TDT Ownership a performance based equity payment, in the form of ABWN shares as a Quarterly Based Performance incentive.
	
 
	
 
	
 

	
 
	B 	This compensation shall occur quarterly and shall be based on 25% of the fees paid during the prior three months, and shall be based on the average share price during the prior 120 day’s stock prices. This payment is at the sole discretion of ABWN and based on agreed upon milestones and ABWN’s evaluation based on review of TDT’s performance against these milestones
	
 
	
 
	
 

	
 
	C 	This Performance Bonus will be paid to TDT Ownership only.

 

 

	
26EX-4.1

 Exhibit 4.1 
  

			
	Ameren Transmission Company of Illinois	  	Note Purchase Agreement

 Execution Version 
  

 
  

AMEREN TRANSMISSION COMPANY OF ILLINOIS 

$450,000,000 
 3.43% Senior Notes
due August 31, 2050 
  
  

NOTE PURCHASE AGREEMENT 

 
  

Dated June 22, 2017 
  

 
  

 TABLE OF CONTENTS 

 

							
	SECTION	 	HEADING	  	PAGE	 
	 SECTION 1.
	 	 AUTHORIZATION OF NOTES
	  	 	1	 
			
	 SECTION 2.
	 	 SALE AND PURCHASE OF
NOTES
	  	 	1	 
			
	 SECTION 3.
	 	 CLOSING
	  	 	1	 
			
	 SECTION 4.
	 	 CONDITIONS TO EACH CLOSING
	  	 	2	 
			
	 Section 4.1.
	 	 Representations and Warranties
	  	 	2	 
	 Section 4.2.
	 	 Performance; No Default
	  	 	2	 
	 Section 4.3.
	 	 Compliance Certificates
	  	 	2	 
	 Section 4.4.
	 	 Opinions of Counsel
	  	 	3	 
	 Section 4.5.
	 	 Purchase Permitted By Applicable Law, Etc
	  	 	3	 
	 Section 4.6.
	 	 Sale of Other Notes
	  	 	3	 
	 Section 4.7.
	 	 Payment of Special Counsel Fees
	  	 	3	 
	 Section 4.8.
	 	 Private Placement Number
	  	 	3	 
	 Section 4.9.
	 	 Changes in Corporate Structure
	  	 	3	 
	 Section 4.10.
	 	 Closing Instructions
	  	 	3	 
	 Section 4.11.
	 	 Governmental Approval
	  	 	4	 
	 Section 4.12.
	 	 Proceedings and Documents
	  	 	4	 
			
	 SECTION 5.
	 	 REPRESENTATIONS AND WARRANTIES OF
THE COMPANY
	  	 	4	 
			
	 Section 5.1.
	 	 Organization; Power and Authority
	  	 	4	 
	 Section 5.2.
	 	 Authorization, Etc
	  	 	4	 
	 Section 5.3.
	 	 Disclosure
	  	 	4	 
	 Section 5.4.
	 	 Organization and Ownership of Shares of Subsidiaries; Affiliates
	  	 	5	 
	 Section 5.5.
	 	 Financial Statements; Material Liabilities
	  	 	5	 
	 Section 5.6.
	 	 Compliance with Laws, Other Instruments, Etc
	  	 	5	 
	 Section 5.7.
	 	 Governmental Authorizations, Etc
	  	 	5	 
	 Section 5.8.
	 	 Litigation; Observance of Statutes and Orders
	  	 	6	 
	 Section 5.9.
	 	 Taxes
	  	 	6	 
	 Section 5.10.
	 	 Title to Property; Leases
	  	 	6	 
	 Section 5.11.
	 	 Licenses, Permits, Etc
	  	 	6	 
	 Section 5.12.
	 	 Compliance with Employee Benefit Plans
	  	 	6	 
	 Section 5.13.
	 	 Private Offering by the Company
	  	 	7	 
	 Section 5.14.
	 	 Use of Proceeds; Margin Regulations
	  	 	8	 
	 Section 5.15.
	 	 Existing Indebtedness
	  	 	8	 
	 Section 5.16.
	 	 Foreign Assets Control Regulations, Etc
	  	 	8	 
	 Section 5.17.
	 	 Status under Certain Statutes
	  	 	9	 

  
 -i- 

							
	 SECTION 6.
	 	 REPRESENTATIONS OF THE
PURCHASERS
	  	 	9	 
			
	 Section 6.1.
	 	 Purchase for Investment
	  	 	9	 
	 Section 6.2.
	 	 Source of Funds
	  	 	10	 
			
	 SECTION 7.
	 	 INFORMATION AS TO COMPANY
	  	 	11	 
			
	 Section 7.1.
	 	 Financial and Business Information
	  	 	11	 
	 Section 7.2.
	 	 Officer’s Certificate
	  	 	14	 
	 Section 7.3.
	 	 Visitation
	  	 	14	 
	 Section 7.4.
	 	 Electronic Delivery
	  	 	15	 
			
	 SECTION 8.
	 	 PAYMENT AND PREPAYMENT OF
THE NOTES
	  	 	16	 
			
	 Section 8.1.
	 	 Required Prepayments; Maturity
	  	 	16	 
	 Section 8.2.
	 	 Optional Prepayments with Make-Whole Amount
	  	 	16	 
	 Section 8.3.
	 	 Allocation of Partial Prepayments
	  	 	16	 
	 Section 8.4.
	 	 Maturity; Surrender, Etc.
	  	 	17	 
	 Section 8.5.
	 	 Purchase of Notes
	  	 	17	 
	 Section 8.6.
	 	 Make-Whole Amount
	  	 	17	 
	 Section 8.7.
	 	 Change of Control
	  	 	19	 
	 Section 8.8.
	 	 Payments Due on Non-Business Days
	  	 	20	 
			
	 SECTION 9.
	 	 AFFIRMATIVE COVENANTS
	  	 	20	 
			
	 Section 9.1.
	 	 Compliance with Laws
	  	 	20	 
	 Section 9.2.
	 	 Insurance
	  	 	21	 
	 Section 9.3.
	 	 Maintenance of Properties
	  	 	21	 
	 Section 9.4.
	 	 Payment of Taxes
	  	 	21	 
	 Section 9.5.
	 	 Corporate Existence, Etc
	  	 	21	 
	 Section 9.6.
	 	 Books and Records
	  	 	22	 
	 Section 9.7.
	 	 Guarantors
	  	 	22	 
	 Section 9.8.
	 	 Notes to Rank Pari Passu
	  	 	23	 
	 Section 9.9.
	 	 Energy Regulatory Status
	  	 	23	 
	 Section 9.10.
	 	 Maintenance of Rating on the Notes
	  	 	23	 
			
	 SECTION 10.
	 	 NEGATIVE COVENANTS
	  	 	24	 
			
	 Section 10.1.
	 	 Transactions with Affiliates
	  	 	24	 
	 Section 10.2.
	 	 Merger, Consolidation, Etc
	  	 	24	 
	 Section 10.3.
	 	 Sale of Assets
	  	 	25	 
	 Section 10.4.
	 	 Line of Business
	  	 	26	 
	 Section 10.5.
	 	 Economic Sanctions, Etc
	  	 	26	 
	 Section 10.6.
	 	 Liens
	  	 	27	 
	 Section 10.7.
	 	 Financial Covenants
	  	 	29	 
			
	 SECTION 11.
	 	 EVENTS OF DEFAULT
	  	 	30	 
			
	 SECTION 12.
	 	 REMEDIES ON DEFAULT, ETc
	  	 	32	 
			
	 Section 12.1.
	 	 Acceleration
	  	 	32	 

  
 -ii- 

							
	 Section 12.2.
	 	 Other Remedies
	  	 	33	 
	 Section 12.3.
	 	 Rescission
	  	 	33	 
	 Section 12.4.
	 	 No Waivers or Election of Remedies, Expenses, Etc
	  	 	33	 
			
	 SECTION 13.
	 	 REGISTRATION; EXCHANGE; SUBSTITUTION
OF NOTES
	  	 	34	 
			
	 Section 13.1.
	 	 Registration of Notes
	  	 	34	 
	 Section 13.2.
	 	 Transfer and Exchange of Notes
	  	 	34	 
	 Section 13.3.
	 	 Replacement of Notes
	  	 	34	 
			
	 SECTION 14.
	 	 PAYMENTS ON NOTES
	  	 	35	 
			
	 Section 14.1.
	 	 Place of Payment
	  	 	35	 
	 Section 14.2.
	 	 Payment by Wire Transfer
	  	 	35	 
	 Section 14.3.
	 	 FATCA Information
	  	 	35	 
			
	 SECTION 15.
	 	 EXPENSES, ETC
	  	 	36	 
			
	 Section 15.1.
	 	 Transaction Expenses
	  	 	36	 
	 Section 15.2.
	 	 Certain Taxes
	  	 	36	 
	 Section 15.3.
	 	 Survival
	  	 	37	 
			
	 SECTION 16.
	 	 SURVIVAL OF REPRESENTATIONS AND
WARRANTIES; ENTIRE AGREEMENT
	  	 	37	 
			
	 SECTION 17.
	 	 AMENDMENT AND WAIVER
	  	 	37	 
			
	 Section 17.1.
	 	 Requirements
	  	 	37	 
	 Section 17.2.
	 	 Solicitation of Holders of Notes
	  	 	38	 
	 Section 17.3.
	 	 Binding Effect, Etc
	  	 	38	 
	 Section 17.4.
	 	 Notes Held by Company, Etc
	  	 	38	 
			
	 SECTION 18.
	 	 NOTICES
	  	 	39	 
			
	 SECTION 19.
	 	 REPRODUCTION OF DOCUMENTS
	  	 	39	 
			
	 SECTION 20.
	 	 CONFIDENTIAL INFORMATION
	  	 	40	 
			
	 SECTION 21.
	 	 SUBSTITUTION OF PURCHASER
	  	 	41	 
			
	 SECTION 22.
	 	 MISCELLANEOUS
	  	 	41	 
			
	 Section 22.1.
	 	 Successors and Assigns
	  	 	41	 
	 Section 22.2.
	 	 Accounting Terms
	  	 	41	 
	 Section 22.3.
	 	 Severability
	  	 	42	 
	 Section 22.4.
	 	 Construction, Etc
	  	 	42	 
	 Section 22.5.
	 	 Counterparts
	  	 	42	 
	 Section 22.6.
	 	 Governing Law
	  	 	42	 
	 Section 22.7.
	 	 Jurisdiction and Process; Waiver of Jury Trial
	  	 	42	 
		
	 Signature
	  	 	1	 

  
 -iii- 

					
			
	SCHEDULE A 	  	—	    	DEFINED TERMS
			
	SCHEDULE 1	  	—	    	FORM OF 3.43% SENIOR NOTE DUE AUGUST 31, 2050
			
	SCHEDULE 4.4(a) 	  	—	    	FORM OF OPINION OF SENIOR CORPORATE COUNSEL FOR AMEREN SERVICES
COMPANY
			
	SCHEDULE 4.4(b) 	  	—	    	FORM OF OPINION OF SPECIAL COUNSEL FOR THE COMPANY
			
	SCHEDULE 4.4(c) 	  	—	    	FORM OF OPINION OF SPECIAL COUNSEL FOR THE PURCHASERS
			
	SCHEDULE 5.3	  	—	    	DISCLOSURE MATERIALS
			
	SCHEDULE 5.4	  	—	    	AFFILIATES, DIRECTORS, AND SENIOR OFFICERS
			
	SCHEDULE 5.5	  	—	    	FINANCIAL STATEMENTS
			
	SCHEDULE 5.7	  	—	    	REQUIRED APPROVALS AND FILINGS TO BE MADE BY THE COMPANY
			
	SCHEDULE 5.15	  	—	    	EXISTING INDEBTEDNESS
			
	SCHEDULE 8.1	  	—	    	PRINCIPAL AMORTIZATION SCHEDULE
			
	SCHEDULE 10.6	  	—	    	EXISTING LIENS

					
	
	PURCHASER SCHEDULE   —   INFORMATION RELATING TO PURCHASERS

  
 -iv- 

			
	Ameren Transmission Company of Illinois	  	Note Purchase Agreement

 AMEREN TRANSMISSION COMPANY OF
ILLINOIS 
 1901 Chouteau Avenue 

St. Louis, Missouri 63103 

$450,000,000 3.43% Senior Notes due August 31, 2050 

June 22, 2017 
 TO
EACH OF THE PURCHASERS LISTED IN 

THE PURCHASER SCHEDULE HERETO: 

Ladies and Gentlemen: 
 Ameren Transmission
Company of Illinois, an Illinois corporation (the “Company”), agrees with each of the Purchasers as follows: 
  

	SECTION 1.	AUTHORIZATION OF NOTES. 

The Company will authorize the issue and sale of $450,000,000 aggregate principal amount of its 3.43% Senior Notes due August 31, 2050
(the “Notes”). The Notes shall be substantially in the form set out in Schedule 1. Certain capitalized and other terms used in this Agreement are defined in Schedule A and, for purposes of this Agreement, the rules of
construction set forth in Section 22.4 shall govern. 
  

	SECTION 2.	SALE AND PURCHASE OF NOTES. 

Subject to the terms and conditions of this Agreement, the Company will issue and sell to each Purchaser and each Purchaser will purchase from
the Company, at the Closings provided for in Section 3, Notes in the applicable principal amount specified opposite such Purchaser’s name in the Purchaser Schedule at the purchase price of 100% of the principal amount thereof. The
Purchasers’ obligations hereunder are several and not joint obligations and no Purchaser shall have any liability to any Person for the performance or non-performance of any obligation by any other
Purchaser hereunder. 
  

	SECTION 3.	CLOSING. 

 The sale and purchase of the Notes to be
purchased by each Purchaser shall occur at the offices of Chapman and Cutler LLP, 111 West Monroe St., Chicago, Illinois 60603, at 10:00 a.m. Central time, on two separate closings (each a “Closing”). The
first Closing shall occur on June 22, 2017 or on such other Business Day thereafter on or prior to July 31, 2017 as may be agreed upon by the Company and the Purchasers with respect to $150,000,000 aggregate principal amount of the Notes
(the “First Closing”), and the second Closing shall occur on 

			
	Ameren Transmission Company of Illinois	  	Note Purchase Agreement

  

 
August 31, 2017 with respect to $300,000,000 aggregate principal amount of the Notes (the “Second Closing”). At each Closing, the Company will deliver to each Purchaser the
respective Notes to be purchased by such Purchaser at such Closing in the form of a single Note (or such greater number of Notes in denominations of at least $100,000 as such Purchaser may request) dated the date of such Closing and registered in
such Purchaser’s name (or in the name of its nominee), against delivery by such Purchaser to the Company or its order of immediately available funds in the amount of the purchase price therefor by wire transfer of immediately available funds
for the account of the Company to account number 130110607301 at US Bank, Account Name: Ameren Transmission Company of Illinois General, ABA Number: 042000013. If at any Closing the Company shall fail to tender such Notes to any Purchaser as
provided above in this Section 3, or any of the conditions specified in Section 4 shall not have been fulfilled to such Purchaser’s satisfaction, such Purchaser shall, at its election, be relieved of all further obligations under this
Agreement, without thereby waiving any rights such Purchaser may have by reason of such failure by the Company to tender such Notes or any of the conditions specified in Section 4 not having been fulfilled to such Purchaser’s satisfaction.
If at any Closing one or more Purchasers shall fail to purchase Notes which such Purchaser(s) is obligated to purchase under this Agreement, the Company shall have the option of terminating its obligation to sell any additional Notes only to such
defaulting Purchaser(s) and be relieved of all further obligations under this Agreement only with respect to such defaulting Purchaser(s). 
  

	SECTION 4.	CONDITIONS TO EACH CLOSING. 

Each Purchaser’s obligation to purchase and pay for the Notes to be sold to such Purchaser at each Closing is subject to the fulfillment
to such Purchaser’s satisfaction, prior to or at such Closing, of the following conditions: 

Section 4.1.    Representations and Warranties. The representations
and warranties of the Company in this Agreement shall be correct when made and at such Closing. 

Section 4.2.    Performance; No Default. The Company shall
have performed and complied with all agreements and conditions contained in this Agreement required to be performed or complied with by it prior to or at such Closing. Before and after giving effect to the issue and sale of the Notes (and the
application of the proceeds thereof as contemplated by Section 5.14), no Default or Event of Default shall have occurred and be continuing. 

Section 4.3.    Compliance Certificates. 

(a)    Officer’s Certificate. The Company shall have delivered to such Purchaser an Officer’s Certificate,
dated the date of such Closing, certifying that the conditions specified in Sections 4.1, 4.2 and 4.9 have been fulfilled. 

(b)    Secretary’s Certificate. The Company shall have delivered to such Purchaser a certificate of its
Secretary or Assistant Secretary, dated the date of such Closing, certifying as to (i) the resolutions attached thereto and other corporate proceedings relating to the authorization, execution and delivery of the Notes to be issued at such
Closing and this Agreement and (ii) the Company’s organizational documents as then in effect. 

  
 -2- 

			
	Ameren Transmission Company of Illinois	  	Note Purchase Agreement

  

Section 4.4.    Opinions of Counsel. Such Purchaser shall have
received opinions in form and substance satisfactory to such Purchaser, dated the date of such Closing (a) from Craig W. Stensland, Senior Corporate Counsel of Ameren Services Company, and Morgan, Lewis & Bockius LLP, counsel for the
Company, covering the matters set forth in Schedules 4.4(a) and 4.4(b), respectively, (and the Company hereby instructs its counsel to deliver such opinion to the Purchasers) and (b) from Chapman and Cutler LLP, the Purchasers’
special counsel in connection with such transactions, substantially in the form set forth in Schedule 4.4(c) and covering such other matters incident to such transactions as such Purchaser may reasonably request. 

Section 4.5.    Purchase Permitted By Applicable Law, Etc. On the
date of such Closing such Purchaser’s purchase of Notes to be issued at such Closing shall (a) be permitted by the laws and regulations of each jurisdiction to which such Purchaser is subject, without recourse to provisions (such as
section 1405(a)(8) of the New York Insurance Law) permitting limited investments by insurance companies without restriction as to the character of the particular investment, (b) not violate any applicable law or regulation (including
Regulation T, U or X of the Board of Governors of the Federal Reserve System) and (c) not subject such Purchaser to any tax, penalty or liability under or pursuant to any applicable law or regulation, which law or regulation was not in effect
on the date hereof. If requested by such Purchaser, such Purchaser shall have received an Officer’s Certificate certifying as to such matters of fact as such Purchaser may reasonably specify to enable such Purchaser to determine whether such
purchase is so permitted. 
 Section 4.6.    Sale of Other Notes.
Contemporaneously with such Closing the Company shall sell to each other Purchaser and each other Purchaser shall purchase the Notes to be purchased by it at such Closing as specified in the Purchaser Schedule. 

Section 4.7.    Payment of Special Counsel Fees. Without limiting
Section 15.1, the Company shall have paid on or before such Closing the fees, charges and disbursements of the Purchasers’ special counsel referred to in Section 4.4 to the extent reflected in a statement of such counsel rendered to
the Company at least one Business Day prior to such Closing. 

Section 4.8.    Private Placement Number. A Private Placement Number
issued by Standard & Poor’s CUSIP Service Bureau (in cooperation with the SVO) shall have been obtained for the Notes. 

Section 4.9.    Changes in Corporate Structure. The Company shall
not have changed its jurisdiction of incorporation or organization, as applicable, or been a party to any merger or consolidation or succeeded to all or any substantial part of the liabilities of any other entity, at any time following the date of
the most recent financial statements referred to in Schedule 5.5. 

Section 4.10.    Closing Instructions. At least three Business Days
prior to the date of such Closing, each Purchaser shall have received written instructions signed by a Responsible Officer on letterhead of the Company confirming the information specified in Section 3 including (i) the name and address of
the transferee bank, (ii) such transferee bank’s ABA number and (iii) the account name and number into which the purchase price for the Notes to be issued at such Closing is to be deposited. 

  
 -3- 

			
	Ameren Transmission Company of Illinois	  	Note Purchase Agreement

  

Section 4.11.    Governmental Approval. All approvals of any
Governmental Authority required to be in effect in connection with the issuance and sale of the Notes hereunder at such Closing shall have been obtained and be in full force and effect, all applicable waiting and/or appeal periods shall have expired
without any materially adverse action being taken by any applicable authority, and copies of the documentation thereof shall have been delivered to each Purchaser. 

Section 4.12.    Proceedings and Documents. All corporate and other
proceedings in connection with the transactions contemplated by this Agreement and all documents and instruments incident to such transactions shall be satisfactory to such Purchaser and its special counsel, and such Purchaser and its special
counsel shall have received all such counterpart originals or certified or other copies of such documents as such Purchaser or such special counsel may reasonably request. 
  

	SECTION 5.	REPRESENTATIONS AND WARRANTIES OF THE COMPANY. 

The Company represents and warrants to each Purchaser, as of the date of this Agreement and as of the date of each Closing, that: 

Section 5.1.    Organization; Power and Authority. The Company is a
corporation duly organized, validly existing and in good standing under the laws of its jurisdiction of incorporation, and is duly qualified as a foreign corporation and is in good standing in each jurisdiction in which such qualification is
required by law, other than those jurisdictions as to which the failure to be so qualified or in good standing would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The Company has the corporate power
and authority to own or hold under lease the properties it purports to own or hold under lease, to transact the business it transacts and proposes to transact, to execute and deliver this Agreement and the Notes and to perform the provisions hereof
and thereof. 
 Section 5.2.    Authorization, Etc. This Agreement
and the Notes have been duly authorized by all necessary corporate action on the part of the Company, and this Agreement constitutes, and upon execution and delivery thereof each Note will constitute, a legal, valid and binding obligation of the
Company enforceable against the Company in accordance with its terms, except as such enforceability may be limited by (i) applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting the enforcement of
creditors’ rights generally and (ii) general principles of equity (regardless of whether such enforceability is considered in a proceeding in equity or at law). 

Section 5.3.    Disclosure. The Company, through its agent, Merrill
Lynch, Pierce, Fenner & Smith Incorporated, has delivered to each Purchaser a copy of a Private Placement Memorandum, dated May 22, 2017 (the “Memorandum”), relating to the transactions contemplated
hereby. This Agreement, the Memorandum, the financial statements listed in Schedule 5.5 and the documents, certificates or other writings delivered to the Purchasers by or 

  
 -4- 

			
	Ameren Transmission Company of Illinois	  	Note Purchase Agreement

  

 
on behalf of the Company prior to June 2, 2017 in connection with the transactions contemplated hereby and identified in Schedule 5.3 (this Agreement, the Memorandum and such documents,
certificates or other writings and such financial statements delivered to each Purchaser being referred to, collectively, as the “Disclosure Documents”), taken as a whole, do not contain any untrue statement of a material fact or
omit to state any material fact necessary to make the statements therein not misleading in light of the circumstances under which they were made. Except as disclosed in the Disclosure Documents, since December 31, 2016, there has been no change
in the financial condition, operations, business or properties of the Company or any Subsidiary except changes that would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. 

Section 5.4.    Organization and Ownership of Shares of Subsidiaries;
Affiliates. The Company has no Subsidiaries. Schedule 5.4 contains (except as noted therein) complete and correct lists of (i) the Company’s Material Affiliates and (iii) the Company’s directors and senior officers as of
the date hereof. 
 Section 5.5.    Financial Statements; Material
Liabilities. The Company has delivered to each Purchaser copies of the financial statements of the Company listed on Schedule 5.5. All of such financial statements (including in each case the related schedules and notes) fairly present in all
material respects the financial position of the Company as of the respective dates specified in such financial statements and the results of its operations and cash flows for the respective periods so specified and have been prepared in accordance
with GAAP consistently applied throughout the periods involved except as set forth in the notes thereto (subject, in the case of any interim financial statements, to normal year-end adjustments). The Company
does not have any Material liabilities that are not disclosed in the Disclosure Documents, except changes in the aggregate amount of Indebtedness after the First Closing permitted within the limitations of this Agreement. 

Section 5.6.    Compliance with Laws, Other Instruments, Etc. The
execution, delivery and performance by the Company of this Agreement and the Notes will not (i) contravene, result in any breach of, or constitute a default under, or result in the creation of any Lien in respect of any property of the Company
under, any indenture, mortgage, deed of trust, loan, purchase or credit agreement, lease, corporate charter, regulations or by-laws, shareholders agreement or any other agreement or instrument to which the
Company is bound or by which the Company or any of its properties may be bound or affected, (ii) conflict with or result in a breach of any of the terms, conditions or provisions of any order, judgment, decree or ruling of any court, arbitrator
or Governmental Authority applicable to the Company or (iii) violate any provision of any statute or other rule or regulation of any Governmental Authority applicable to the Company 

Section 5.7.    Governmental Authorizations, Etc. No consent,
approval or authorization of, or registration, filing or declaration with, any Governmental Authority is required in connection with the execution, delivery or performance by the Company of this Agreement or the Notes other than (a) such
approvals of Governmental Authorities contemplated by Section 4.11 and as described in Schedule 5.7 which have been obtained or made and which shall be in full force and effect at each Closing and (b) filings required to be made after
any Closing and as described in Schedule 5.7. 

  
 -5- 

			
	Ameren Transmission Company of Illinois	  	Note Purchase Agreement

  

Section 5.8.    Litigation; Observance of Statutes and Orders.
(a) There are no actions, suits, investigations or proceedings pending or, to the best knowledge of the Company, threatened against or affecting the Company or any property of the Company in any court or before any arbitrator of any kind or
before or by any Governmental Authority that would, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. 

(b)    The Company is not (i) in violation of any order, judgment, decree or ruling of any court, any arbitrator of
any kind or any Governmental Authority or (ii) in violation of any applicable law, ordinance, rule or regulation of any Governmental Authority (including Environmental Laws, the USA PATRIOT Act or any of the other laws and regulations that are
referred to in Section 5.16), which violation would, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. 

Section 5.9.    Taxes. The Company has filed all tax returns that
are required to have been filed by the Company in any jurisdiction, and has paid all taxes shown to be due and payable on such returns and all other taxes and assessments levied upon it or its properties, assets, income or franchises, to the extent
such taxes and assessments have become due and payable and before they have become delinquent, except for any taxes and assessments (i) the amount of which, individually or in the aggregate, is not Material or (ii) the amount,
applicability or validity of which is currently being contested in good faith by appropriate proceedings and with respect to which the Company has established adequate reserves in accordance with GAAP. The charges, accruals and reserves on the books
of the Company in respect of U.S. federal, state or other taxes for all fiscal periods are adequate. The U.S. federal income tax liabilities of the Company have been finally determined (whether by reason of completed audits or the statute of
limitations having run) for all fiscal years up to and including the fiscal year ended December 31, 2012. 

Section 5.10.    Title to Property; Leases. The Company has good and
sufficient title to its Material properties, including all such Material properties reflected in the most recent audited balance sheet referred to in Section 5.5 or purported to have been acquired by the Company after such date (except as sold
or otherwise disposed of in the ordinary course of business), in each case free and clear of Liens prohibited by this Agreement, except for those defects in title and Liens that, individually or in the aggregate, would not have a Material Adverse
Effect. All Material leases are valid and subsisting and are in full force and effect in all material respects. 

Section 5.11.    Licenses, Permits, Etc. The Company owns or
possesses all licenses, permits, franchises, authorizations, patents, copyrights, proprietary software, service marks, trademarks and trade names, or rights thereto, that individually or in the aggregate are Material, without known conflict with the
rights of others, except for those conflicts that, individually or in the aggregate, would not have a Material Adverse Effect. 

Section 5.12.    Compliance with Employee Benefit Plans.
(a) The Company and each ERISA Affiliate have operated and administered each Plan in compliance with all applicable laws except for such instances of noncompliance as have not resulted in and could not, individually or in the aggregate,
reasonably be expected to result in a Material Adverse Effect. Neither the Company nor any ERISA Affiliate has incurred any liability pursuant to Title I or IV of ERISA or the penalty or excise tax provisions of the Code relating to employee
benefit plans 

  
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	Ameren Transmission Company of Illinois	  	Note Purchase Agreement

  

 
(as defined in section 3 of ERISA), and no event, transaction or condition has occurred or exists that would, individually or in the aggregate, reasonably be expected to result in the incurrence
of any such liability by the Company or any ERISA Affiliate, or in the imposition of any Lien on any of the rights, properties or assets of the Company or any ERISA Affiliate, in either case pursuant to Title I or IV of ERISA or to section 430(k) of
the Code or to any such penalty or excise tax provisions under the Code or federal law or section 4068 of ERISA or by the granting of a security interest in connection with the amendment of a Plan, other than such liabilities or Liens as would not
be individually or in the aggregate Material. 
 (b)    The present value of the aggregate benefit liabilities under
each of the Plans (other than Multiemployer Plans and other than “employee welfare benefit plans” as defined in Section 3(2) of ERISA), determined as of the end of such Plan’s most recently ended plan year on the basis of the
actuarial assumptions specified for funding purposes in such Plan’s most recent actuarial valuation report, did not exceed the aggregate current value of the assets of such Plan allocable to such benefit liabilities. The term “benefit
liabilities” has the meaning specified in section 4001 of ERISA and the terms “current value” and “present value” have the meaning specified in section 3 of ERISA. 

(c)    The Company and its ERISA Affiliates have not incurred (i) withdrawal liabilities (and are not subject to
contingent withdrawal liabilities) under section 4201 or 4204 of ERISA in respect of Multiemployer Plans that individually or in the aggregate are Material or (ii) any obligation in connection with the termination of or withdrawal from any
Non-U.S. Plan that individually or in the aggregate are Material. 
 (d)    The
expected postretirement benefit obligation (determined as of the last day of the Company’s most recently ended fiscal year in accordance with Financial Accounting Standards Board Accounting Standards Codification Topic 715-60, without regard to liabilities attributable to continuation coverage mandated by section 4980B of the Code) of the Company is not Material. 

(e)    The execution and delivery of this Agreement and the issuance and sale of the Notes hereunder will not involve any
transaction that is subject to the prohibitions of section 406 of ERISA or in connection with which a tax could be imposed pursuant to section 4975(c)(1)(A)-(D) of the Code. The representation by the Company to each Purchaser in the first
sentence of this Section 5.12(e) is made in reliance upon and subject to the accuracy of such Purchaser’s representation in Section 6.2 as to the sources of the funds to be used to pay the purchase price of the Notes to be purchased
by such Purchaser. 
 (f)    The Company does not have any Non-U.S. Plans. 

Section 5.13.    Private Offering by the Company. Neither the
Company nor anyone acting on its behalf has offered the Notes or any similar Securities for sale to, or solicited any offer to buy the Notes or any similar Securities from, or otherwise approached or negotiated in respect thereof with, any Person
other than the Purchasers and not more than fifty (50) other Institutional Investors, each of which has been offered the Notes at a private sale for investment. Neither the Company nor anyone acting on its behalf has taken, or will take, any
action that would subject the issuance or sale of the Notes to the registration requirements of section 5 of the Securities Act or to the registration requirements of any Securities or blue sky laws of any applicable jurisdiction. 

  
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	Ameren Transmission Company of Illinois	  	Note Purchase Agreement

  

 Section 5.14.    Use of
Proceeds; Margin Regulations. The Company will apply the proceeds of the sale of the Notes hereunder to refinance existing Indebtedness, to pay expenses in connection with the issuance of the Notes, and for general corporate purposes. No part of
the proceeds from the sale of the Notes hereunder will be used, directly or indirectly, for the purpose of buying or carrying any margin stock within the meaning of Regulation U of the Board of Governors of the Federal Reserve System (12 CFR
221), or for the purpose of buying or carrying or trading in any Securities under such circumstances as to involve the Company in a violation of Regulation X of said Board (12 CFR 224) or to involve any broker or dealer in a violation of Regulation
T of said Board (12 CFR 220). Margin stock does not constitute more than 5% of the value of the consolidated assets of the Company and its Subsidiaries and the Company does not have any present intention that margin stock will constitute more than
5% of the value of such assets. As used in this Section, the terms “margin stock” and “purpose of buying or carrying” shall have the meanings assigned to them in said Regulation U. 

Section 5.15.    Existing Indebtedness. (a) Except as described
therein, Schedule 5.15 sets forth a complete and correct list of all outstanding Indebtedness of the Company as of June 21, 2017 (including descriptions of the obligors and obligees, principal amounts outstanding as of the dates specified in
Schedule 5.15, any collateral therefor and any Guaranty thereof), since which date there has been no change in the amounts, interest rates, sinking funds, installment payments or maturities of the Indebtedness of the Company, except changes in the
aggregate amount of Indebtedness after the First Closing permitted within the limitations of this Agreement. The Company is not in default and no waiver of default is currently in effect, in the payment of any principal or interest on any such
Indebtedness of the Company and no event or condition exists with respect to any such Indebtedness of the Company the outstanding principal amount of which exceeds $1,000,000 that would permit (or that with notice or the lapse of time, or both,
would permit) one or more Persons to cause such Indebtedness to become due and payable before its stated maturity or before its regularly scheduled dates of payment. 

(b)    The Company is not a party to, or otherwise subject to any provision contained in, any instrument evidencing
Indebtedness of the Company, any agreement relating thereto or any other agreement (including its charter or any other organizational document) which limits the amount of, or otherwise imposes restrictions on the incurring of, Indebtedness of the
Company, except as disclosed in Schedule 5.15. 
 (c)    Except as disclosed in Schedule 5.15, the Company has not
agreed or consented to cause or permit in the future (upon the happening of a contingency or otherwise) any of its Material property, whether now owned or hereafter acquired, to be subject to a Lien not permitted by Section 10.6. 

Section 5.16.    Foreign Assets Control Regulations, Etc.
(a) Neither the Company nor any Controlled Entity (i) is a Blocked Person, (ii) has been notified that its name appears or may in the future appear on a State Sanctions List or (iii) is a target of sanctions that have been
imposed by the United Nations or the European Union. 

  
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	Ameren Transmission Company of Illinois	  	Note Purchase Agreement

  

 (b)    Neither the Company nor any Controlled Entity (i) has
violated, been found in violation of, or been charged or convicted under, any applicable U.S. Economic Sanctions Laws, Anti-Money Laundering Laws or Anti-Corruption Laws or (ii) to the Company’s knowledge, is under investigation by any
Governmental Authority for possible violation of any U.S. Economic Sanctions Laws, Anti-Money Laundering Laws or Anti-Corruption Laws. 

(c)    No part of the proceeds from the sale of the Notes hereunder: 

(i)    constitutes or will constitute funds obtained on behalf of any Blocked Person or will otherwise be
used by the Company or any Controlled Entity, directly or indirectly, (A) in connection with any investment in, or any transactions or dealings with, any Blocked Person, (B) for any purpose that would cause any Purchaser to be in violation
of any U.S. Economic Sanctions Laws or (C) otherwise in violation of any U.S. Economic Sanctions Laws; 

(ii)    will be used, directly or indirectly, in violation of, or cause any Purchaser to be in violation
of, any applicable Anti-Money Laundering Laws; or 
 (iii)    will be used, directly or indirectly, for
the purpose of making any improper payments, including bribes, to any Governmental Official or commercial counterparty in order to obtain, retain or direct business or obtain any improper advantage, in each case which would be in violation of, or
cause any Purchaser to be in violation of, any applicable Anti-Corruption Laws. 
 (d)    The Company has established
procedures and controls which it reasonably believes are adequate (and otherwise comply with applicable law) to ensure that the Company and each Controlled Entity is and will continue to be in compliance with all applicable U.S. Economic Sanctions
Laws, Anti-Money Laundering Laws and Anti-Corruption Laws. 

Section 5.17.    Status under Certain Statutes. The Company is not
subject to regulation under the Investment Company Act of 1940, as amended, or the ICC Termination Act of 1995. The Company is subject to regulation under the Federal Power Act, as amended. Ameren is a public utility holding company under the Public
Utility Holding Company Act of 2005, as amended. 
  

	SECTION 6.	REPRESENTATIONS OF THE PURCHASERS. 

Section 6.1.    Purchase for Investment. Each Purchaser severally
represents that it is purchasing the Notes for its own account or for one or more separate accounts maintained by such Purchaser or for the account of one or more pension or trust funds and not with a view to the distribution thereof,
provided that the disposition of such Purchaser’s or their property shall at all times be within such Purchaser’s or their control. Each Purchaser understands that the Notes have not been registered under the Securities Act and may
be resold only if registered 

  
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	Ameren Transmission Company of Illinois	  	Note Purchase Agreement

  

 
pursuant to the provisions of the Securities Act or if an exemption from registration is available, except under circumstances where neither such registration nor such an exemption is required by
law, and that the Company is not required to register the Notes. 

Section 6.2.    Source of Funds. Each Purchaser severally represents
that at least one of the following statements is an accurate representation as to each source of funds (a “Source”) to be used by such Purchaser to pay the purchase price of the Notes to be purchased by such Purchaser
hereunder: 
 (a)    the Source is an “insurance company general account” (as the term is
defined in the United States Department of Labor’s Prohibited Transaction Exemption (“PTE”) 95-60) in respect of which the reserves and liabilities (as defined by the annual statement for
life insurance companies approved by the NAIC (the “NAIC Annual Statement”)) for the general account contract(s) held by or on behalf of any employee benefit plan together with the amount of the reserves and liabilities for the
general account contract(s) held by or on behalf of any other employee benefit plans maintained by the same employer (or affiliate thereof as defined in PTE 95-60) or by the same employee organization in the
general account do not exceed 10% of the total reserves and liabilities of the general account (exclusive of separate account liabilities) plus surplus as set forth in the NAIC Annual Statement filed with such Purchaser’s state of domicile; or

 (b)    the Source is a separate account that is maintained solely in connection with such
Purchaser’s fixed contractual obligations under which the amounts payable, or credited, to any employee benefit plan (or its related trust) that has any interest in such separate account (or to any participant or beneficiary of such plan
(including any annuitant)) are not affected in any manner by the investment performance of the separate account; or 

(c)    the Source is either (i) an insurance company pooled separate account, within the meaning of
PTE 90-1 or (ii) a bank collective investment fund, within the meaning of the PTE 91-38 and, except as disclosed by such Purchaser to the Company in writing
pursuant to this clause (c), no employee benefit plan or group of plans maintained by the same employer or employee organization beneficially owns more than 10% of all assets allocated to such pooled separate account or collective investment fund;
or 
 (d)    the Source constitutes assets of an “investment fund” (within the meaning of Part
VI of PTE 84-14 (the “QPAM Exemption”)) managed by a “qualified professional asset manager” or “QPAM” (within the meaning of Part VI of the QPAM Exemption),
no employee benefit plan’s assets that are managed by the QPAM in such investment fund, when combined with the assets of all other employee benefit plans established or maintained by the same employer or by an affiliate (within the meaning of
Part VI(c)(1) of the QPAM Exemption) of such employer or by the same employee organization and managed by such QPAM, represent more than 20% of the total client assets managed by such QPAM, the conditions of Part I(c) and (g) of the QPAM
Exemption are satisfied, neither the QPAM nor a person controlling or controlled by the QPAM maintains an ownership interest in the Company that would cause the QPAM and 

  
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	Ameren Transmission Company of Illinois	  	Note Purchase Agreement

  

 
the Company to be “related” within the meaning of Part VI(h) of the QPAM Exemption and (i) the identity of such QPAM and (ii) the names of any employee benefit plans whose
assets in the investment fund, when combined with the assets of all other employee benefit plans established or maintained by the same employer or by any affiliate (within the meaning of Part VI(c)(1) of the QPAM Exemption) of such employer or by
the same employee organization, represent 10% or more of the assets of such investment fund, have been disclosed to the Company in writing pursuant to this clause (d);or 

(e)    the Source constitutes assets of a “plan(s)” (within the meaning of Part IV(h) of PTE 96-23 (the “INHAM Exemption”)) managed by an “in-house asset manager” or “INHAM” (within the meaning of Part IV(a) of the INHAM
Exemption), the conditions of Part I(a), (g) and (h) of the INHAM Exemption are satisfied, neither the INHAM nor a person controlling or controlled by the INHAM (applying the definition of “control” in Part IV(d)(3) of the INHAM
Exemption) owns a 10% or more interest in the Company and (i) the identity of such INHAM and (ii) the name(s) of the employee benefit plan(s) whose assets constitute the Source have been disclosed to the Company in writing pursuant to this
clause (e); or 
 (f)    the Source is a governmental plan; or 

(g)    the Source is one or more employee benefit plans, or a separate account or trust fund comprised of
one or more employee benefit plans, each of which has been identified to the Company in writing pursuant to this clause (g); or 

(h)    the Source does not include assets of any employee benefit plan, other than a plan exempt from the
coverage of ERISA. 
 As used in this Section 6.2, the terms “employee benefit plan,” “governmental plan,” and
“separate account” shall have the respective meanings assigned to such terms in section 3 of ERISA. 
  

	SECTION 7.	INFORMATION AS TO COMPANY. 

Section 7.1.    Financial and Business Information. The Company shall
deliver to each holder of a Note that is an Institutional Investor: 
 (a)    Quarterly Statements
— within 60 days (or such shorter period as is the earlier of (x) 15 days greater than the period applicable to the filing of the Company’s Quarterly Report on Form 10-Q (the
“Form 10-Q”), if any, with the SEC regardless of whether the Company is subject to the filing requirements thereof and (y) the date by which such financial
statements are required to be delivered under any Material Credit Facility or the date on which such corresponding financial statements are delivered under any Material Credit Facility if such delivery occurs earlier than such required delivery
date) after the end of each quarterly fiscal period in each fiscal year of the Company (other than the last quarterly fiscal period of each such fiscal year), duplicate copies of, 

  
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	Ameren Transmission Company of Illinois	  	Note Purchase Agreement

  

 (i)    a consolidated balance sheet of the Company and
its Subsidiaries as at the end of such quarter, and 
 (ii)    consolidated statements of income and cash
flows of the Company and its Subsidiaries, for the portion of the fiscal year ending with such quarter (i.e., year-to-date statements), 

setting forth in each case in comparative form the figures for the corresponding periods in the previous fiscal year, all in reasonable detail,
prepared in accordance with GAAP applicable to such financial statements generally (but excluding notes to such financial statements), and certified by a Senior Financial Officer as fairly presenting, in all material respects, the financial position
of the companies being reported on and their results of operations and cash flows, subject to changes resulting from year-end adjustments; 

(b)    Annual Statements — within 120 days (or such shorter period as is the earlier of (x) 15
days greater than the period applicable to the filing of the Company’s Annual Report on Form 10-K (the “Form 10-K”),
if any, with the SEC regardless of whether the Company is subject to the filing requirements thereof and (y) the date by which such financial statements are required to be delivered under any Material Credit Facility or the date on which such
corresponding financial statements are delivered under any Material Credit Facility if such delivery occurs earlier than such required delivery date) after the end of each fiscal year of the Company, duplicate copies of 

(i)    a consolidated balance sheet of the Company and its Subsidiaries as at the end of such year, and

 (ii)    consolidated statements of income, changes in shareholders’ equity and cash flows of the
Company and its Subsidiaries for such year, 
 setting forth in each case in comparative form the figures for the previous fiscal year, all
in reasonable detail, prepared in accordance with GAAP, and accompanied by an opinion thereon (without a “going concern” or similar qualification or exception and without any qualification or exception as to the scope of the audit on which
such opinion is based) of independent public accountants of recognized national standing, which opinion shall state that such financial statements present fairly, in all material respects, the financial position of the companies being reported upon
and their results of operations and cash flows and have been prepared in conformity with GAAP, and that the examination of such accountants in connection with such financial statements has been made in accordance with generally accepted auditing
standards, and that such audit provides a reasonable basis for such opinion in the circumstances; 

(c)    SEC and Other Reports — promptly upon their becoming available, one copy of
(i) each financial statement, report, notice, proxy statement or similar document sent by the Company or any Subsidiary (x) to its creditors under any Material Credit Facility (excluding information sent to such creditors in the ordinary
course of administration of a credit facility, such as information relating to pricing and borrowing 

  
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	Ameren Transmission Company of Illinois	  	Note Purchase Agreement

  

 
availability) or (y) to its public Securities holders generally, and (ii) each regular or periodic report, each registration statement (without exhibits except as expressly requested by
such holder), and each prospectus and all amendments thereto filed by the Company or any Subsidiary with the SEC; 

(d)    Notice of Default or Event of Default — promptly, and in any event within 5 days after a
Responsible Officer becoming aware of the existence of any Default or Event of Default, a written notice specifying the nature and period of existence thereof and what action the Company is taking or proposes to take with respect thereto; 

(e)    Employee Benefits Matters — promptly, and in any event within 5 days after a Responsible
Officer becoming aware of any of the following, a written notice setting forth the nature thereof and the action, if any, that the Company or an ERISA Affiliate proposes to take with respect thereto: 

(i)    with respect to any Plan, any reportable event, as defined in section 4043(c) of ERISA and the
regulations thereunder, for which notice thereof has not been waived pursuant to such regulations as in effect on the date hereof and which would reasonably be expected to have a Material Adverse Effect; 

(ii)    the taking by the PBGC of steps to institute, or the threatening by the PBGC of the institution of,
proceedings under section 4042 of ERISA for the termination of, or the appointment of a trustee to administer, any Plan, or the receipt by the Company or any ERISA Affiliate of a notice from a Multiemployer Plan that such action has been taken
by the PBGC with respect to such Multiemployer Plan; 
 (iii)    any event, transaction or condition that
could result in the incurrence of any liability by the Company or any ERISA Affiliate pursuant to Title I of ERISA or Title IV of ERISA or the penalty or excise tax provisions of the Code relating to employee benefit plans, or in the imposition of
any Lien on any of the rights, properties or assets of the Company or any ERISA Affiliate pursuant to Title I or IV of ERISA or such penalty or excise tax provisions, if such liability or Lien, taken together with any other such liabilities or Liens
then existing, would reasonably be expected to have a Material Adverse Effect; or 
 (iv)    receipt of
notice of the imposition of a Material financial penalty (which for this purpose shall mean any tax, penalty or other liability, whether by way of indemnity or otherwise) with respect to one or more Non-U.S.
Plans; 
 (f)    Resignation or Replacement of Auditors — within 10 days following the date
on which the Company’s auditors resign or the Company elects to change auditors, as the case may be, notification thereof, together with such further information as the Required Holders may request; and 

  
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	Ameren Transmission Company of Illinois	  	Note Purchase Agreement

  

 (g)    Requested Information — with
reasonable promptness, such other data and information relating to the business, operations, affairs, financial condition, assets or properties of the Company or any of its Subsidiaries (including actual copies of the Company’s Form 10-Q and Form 10-K, if any) or relating to the ability of the Company to perform its obligations hereunder and under the Notes as from time to time may be
reasonably requested by any such holder of a Note. 

Section 7.2.    Officer’s Certificate. Each set
of financial statements delivered to a holder of a Note pursuant to Section 7.1(a) or Section 7.1(b) shall be accompanied by a certificate of a Senior Financial Officer: 

(a)    Covenant Compliance — setting forth the information from such financial statements that
is required in order to establish whether the Company was in compliance with the requirements of Sections 10.3, 10.6, or 10.7 during the quarterly or annual period covered by the financial statements then being furnished, (including with respect to
each such provision that involves mathematical calculations, the information from such financial statements that is required to perform such calculations) and detailed calculations of the maximum or minimum amount, ratio or percentage, as the case
may be, permissible under the terms of such Section, and the calculation of the amount, ratio or percentage then in existence. In the event that the Company or any Subsidiary has made an election to measure any financial liability using fair value
(which election is being disregarded for purposes of determining compliance with this Agreement pursuant to Section 22.2) as to the period covered by any such financial statement, such Senior Financial Officer’s certificate as to such
period shall include a reconciliation from GAAP with respect to such election; 
 (b)    Event of
Default — certifying that such Senior Financial Officer has reviewed the relevant terms hereof and has made, or caused to be made, under his or her supervision, a review of the transactions and conditions of the Company and its Subsidiaries
from the beginning of the quarterly or annual period covered by the statements then being furnished to the date of the certificate and that such review shall not have disclosed the existence during such period of any condition or event that
constitutes a Default or an Event of Default or, if any such condition or event existed or exists, specifying the nature and period of existence thereof and what action the Company shall have taken or proposes to take with respect thereto; and 

(c)    Guarantors – setting forth a list of all Persons that are Guarantors and certifying that
each Person that is required to be a Guarantor pursuant to Section 9.7 is a Guarantor, in each case, as of the date of such certificate of Senior Financial Officer. 

Section 7.3.    Visitation. The Company shall permit the
representatives of each holder of a Note that is an Institutional Investor: 
 (a)    No Default
— if no Default or Event of Default then exists, at the expense of such holder and upon reasonable prior notice to the Company, to visit the principal executive office of the Company, to discuss the affairs, finances and accounts of the

  
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	Ameren Transmission Company of Illinois	  	Note Purchase Agreement

  

 
Company and its Subsidiaries, if any, with the Company’s officers, and (with the consent of the Company, which consent will not be unreasonably withheld) to visit the other offices and
properties of the Company and each Subsidiary, all at such reasonable times and as often as may be reasonably requested in writing; and 

(b)    Default — if a Default or Event of Default then exists, at the expense of the Company to
visit and inspect any of the offices or properties of the Company or any Subsidiary, to examine all their respective books of account, records, reports and other papers, to make copies and extracts therefrom, and to discuss their respective affairs,
finances and accounts with their respective officers and independent public accountants (and by this provision the Company authorizes said accountants to discuss the affairs, finances and accounts of the Company and its Subsidiaries), all at such
times and as often as may be requested. 
 Section 7.4.    Electronic Delivery.
Financial statements, opinions of independent certified public accountants, other information and Officer’s Certificates that are required to be delivered by the Company pursuant to Sections 7.1(a), (b) or (c) and Section 7.2 shall be
deemed to have been delivered if the Company satisfies any of the following requirements with respect thereto: 

(a)    such financial statements satisfying the requirements of Section 7.1(a) or (b) and related
Officer’s Certificate satisfying the requirements of Section 7.2 and any other information required under Section 7.1(c) are delivered to each holder of a Note by e-mail at the e-mail address set forth in such holder’s Purchaser Schedule or as communicated from time to time in a separate writing delivered to the Company; 

(b)    the Company shall have timely filed a Form 10–Q or Form 10–K, satisfying the requirements
of Section 7.1(a) or Section 7.1(b), as the case may be, with the SEC on EDGAR and shall have made such form and the related Officer’s Certificate satisfying the requirements of Section 7.2 available on the Company’s home
page on the internet, if any; 
 (c)    such financial statements satisfying the requirements of
Section 7.1(a) or Section 7.1(b) and related Officer’s Certificate(s) satisfying the requirements of Section 7.2 and any other information required under Section 7.1(c) are timely posted by or on behalf of the Company on
IntraLinks or on any other similar website to which each holder of Notes has free access; or 

(d)    the Company shall have timely filed any of the items referred to in Section 7.1(c) with the SEC
on EDGAR and shall have made such items available on the Company’s home page on the internet or on IntraLinks or on any other similar website to which each holder of Notes has free access; 

provided however, that in no case shall access to such financial statements, other information and Officer’s Certificates be conditioned upon any
waiver or other agreement or consent (other than confidentiality provisions consistent with Section 20 of this Agreement); provided further, that in 

  
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	Ameren Transmission Company of Illinois	  	Note Purchase Agreement

  

 
the case of any of clauses (b), (c) or (d), the Company shall have given each holder of a Note prior written notice, which may be by e-mail or in
accordance with Section 18, of such posting or filing in connection with each delivery, provided further, that upon request of any holder to receive paper copies of such forms, financial statements, other information and Officer’s
Certificates or to receive them by e-mail, the Company will promptly e-mail them or deliver such paper copies, as the case may be, to such holder. 

 

	SECTION 8.	PAYMENT AND PREPAYMENT OF THE NOTES. 

Section 8.1.    Required Prepayments; Maturity. The Company will
prepay the aggregate principal amount of the Notes at par and without payment of the Make-Whole Amount or any premium in the amount set forth in the amortization schedule attached as Schedule 8.1 to this Agreement, provided that upon any
partial prepayment of any Notes pursuant to Section 8.2 or partial purchase of any Notes permitted by Section 8.5 or Section 8.7, the aggregate principal amount of the Notes becoming due under this Section 8.1 on and after the
date of such prepayment or purchase shall be reduced in the same proportion as the aggregate unpaid principal amount of the Notes is reduced as a result of such prepayment or purchase, and the amortization schedule attached as Schedule 8.1 to this
Agreement shall be modified by the Company and delivered to each holder of Notes to reflect such partial prepayments or purchases concurrently with such partial prepayments or purchases. 

As provided therein, the entire unpaid principal balance of each Note shall be due and payable on the Maturity Date thereof. 

Section 8.2.    Optional Prepayments with Make-Whole Amount. The
Company may, at its option, upon notice as provided below, prepay at any time all, or from time to time any part of, the Notes, in an amount not less than 5% of the aggregate principal amount of the Notes then outstanding in the case of a partial
prepayment, at 100% of the principal amount so prepaid, and the Make-Whole Amount determined for the prepayment date with respect to such principal amount. The Company will give each holder of Notes written notice of each optional prepayment under
this Section 8.2 not less than 10 days and not more than 60 days prior to the date fixed for such prepayment unless the Company and the Required Holders agree to another time period pursuant to Section 17. Each such notice shall specify
such date (which shall be a Business Day), the aggregate principal amount of the Notes to be prepaid on such date, the principal amount of each Note held by such holder to be prepaid (determined in accordance with Section 8.3), and the interest
to be paid on the prepayment date with respect to such principal amount being prepaid, and shall be accompanied by a certificate of a Senior Financial Officer as to the estimated Make-Whole Amount due in connection with such prepayment (calculated
as if the date of such notice were the date of the prepayment), setting forth the details of such computation. Two Business Days prior to such prepayment, the Company shall deliver to each holder of Notes a certificate of a Senior Financial Officer
specifying the calculation of such Make-Whole Amount as of the specified prepayment date. 

Section 8.3.    Allocation of Partial Prepayments. In the case of
each partial prepayment of the Notes pursuant to Section 8.1 or Section 8.2, the principal amount of the Notes to be prepaid shall be allocated among all of the Notes at the time outstanding in proportion, as nearly as practicable, to the
respective unpaid principal amounts thereof not theretofore called for prepayment. 

  
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	Ameren Transmission Company of Illinois	  	Note Purchase Agreement

  

Section 8.4.    Maturity; Surrender, Etc. In the case
of each prepayment of Notes pursuant to this Section 8, the principal amount of each Note to be prepaid shall mature and become due and payable on the date fixed for such prepayment, together with interest on such principal amount accrued to
such date and the applicable Make-Whole Amount, if any. From and after such date, unless the Company shall fail to pay such principal amount when so due and payable, together with the interest and Make-Whole Amount, if any, as aforesaid, interest on
such principal amount shall cease to accrue. Any Note paid or prepaid in full shall be surrendered to the Company and cancelled and shall not be reissued, and no Note shall be issued in lieu of any prepaid principal amount of any Note. 

Section 8.5.    Purchase of Notes. The Company will not and will not
permit any Affiliate to purchase, redeem, prepay or otherwise acquire, directly or indirectly, any of the outstanding Notes except (a) upon the payment or prepayment of the Notes in accordance with this Agreement and the Notes or
(b) pursuant to an offer to purchase made by the Company or an Affiliate pro rata to the holders of all Notes at the time outstanding upon the same terms and conditions. Any such offer shall provide each holder with sufficient information to
enable it to make an informed decision with respect to such offer, and shall remain open for at least 10 Business Days. If the holders of more than 35% of the principal amount of the Notes then outstanding accept such offer, the Company shall
promptly notify the remaining holders of such fact and the expiration date for the acceptance by holders of Notes of such offer shall be extended by the number of days necessary to give each such remaining holder at least 5 Business Days from its
receipt of such notice to accept such offer. The Company will promptly cancel all Notes acquired by it or any Affiliate pursuant to any payment, prepayment or purchase of Notes pursuant to this Agreement and no Notes may be issued in substitution or
exchange for any such Notes. 
 Section 8.6.    Make-Whole Amount.

 The term “Make-Whole Amount” means, with respect to any Note, an amount equal to the excess, if any, of the Discounted
Value of the Remaining Scheduled Payments with respect to the Called Principal of such Note over the amount of such Called Principal, provided that the Make-Whole Amount may in no event be less than zero. For the purposes of determining the
Make-Whole Amount, the following terms have the following meanings: 
 “Called Principal” means, with respect to any Note,
the principal of such Note that is to be prepaid pursuant to Section 8.2 or has become or is declared to be immediately due and payable pursuant to Section 12.1, as the context requires. 

“Discounted Value” means, with respect to the Called Principal of any Note, the amount obtained by discounting
all Remaining Scheduled Payments with respect to such Called Principal from their respective scheduled due dates to the Settlement Date with respect to such Called Principal, in accordance with accepted financial practice and at a discount factor
(applied on the same periodic basis as that on which interest on the Notes is payable) equal to the Reinvestment Yield with respect to such Called Principal. 

  
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	Ameren Transmission Company of Illinois	  	Note Purchase Agreement

  

 “Reinvestment Yield” means, with respect to the Called Principal of any
Note, the sum of (a) .50% plus (b) the yield to maturity implied by the “Ask Yield(s)” reported as of 10:00 a.m. (New York City time) on the second Business Day preceding the Settlement Date with respect to such Called Principal, on
the display designated as “Page PX1” (or such other display as may replace Page PX1) on Bloomberg Financial Markets for the most recently issued actively traded
on-the-run U.S. Treasury securities (“Reported”) having a maturity equal to the Remaining Average Life of such Called Principal as of such Settlement
Date. If there are no such U.S. Treasury securities Reported having a maturity equal to such Remaining Average Life, then such implied yield to maturity will be determined by (i) converting U.S. Treasury bill quotations to bond equivalent
yields in accordance with accepted financial practice and (ii) interpolating linearly between the “Ask Yields” Reported for the applicable most recently issued actively traded on-the-run U.S. Treasury securities with the maturities (1) closest to and greater than such Remaining Average Life and (2) closest to and less than such Remaining Average Life. The Reinvestment
Yield shall be rounded to the number of decimal places as appears in the interest rate of the applicable Note. 
 If such yields are not
Reported or the yields Reported as of such time are not ascertainable (including by way of interpolation), then “Reinvestment Yield” means, with respect to the Called Principal of any Note, the sum of (x) .50% plus (y) the
yield to maturity implied by the U.S. Treasury constant maturity yields reported, for the latest day for which such yields have been so reported as of the second Business Day preceding the Settlement Date with respect to such Called Principal, in
Federal Reserve Statistical Release H.15 (or any comparable successor publication) for the U.S. Treasury constant maturity having a term equal to the Remaining Average Life of such Called Principal as of such Settlement Date. If there is no such
U.S. Treasury constant maturity having a term equal to such Remaining Average Life, such implied yield to maturity will be determined by interpolating linearly between (1) the U.S. Treasury constant maturity so reported with the term closest to
and greater than such Remaining Average Life and (2) the U.S. Treasury constant maturity so reported with the term closest to and less than such Remaining Average Life. The Reinvestment Yield shall be rounded to the number of decimal places as
appears in the interest rate of the applicable Note. 
 “Remaining Average Life” means, with respect to any Called
Principal, the number of years obtained by dividing (i) such Called Principal into (ii) the sum of the products obtained by multiplying (a) the principal component of each Remaining Scheduled Payment with respect to such Called
Principal by (b) the number of years, computed on the basis of a 360-day year comprised of twelve 30-day months and calculated to two decimal places, that will
elapse between the Settlement Date with respect to such Called Principal and the scheduled due date of such Remaining Scheduled Payment. 

“Remaining Scheduled Payments” means, with respect to the Called Principal of any Note, all payments of such
Called Principal and interest thereon that would be due after the Settlement Date with respect to such Called Principal if no payment of such Called Principal were made prior to its scheduled due date, provided that if such Settlement Date is
not a date on 

  
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	Ameren Transmission Company of Illinois	  	Note Purchase Agreement

  

 
which interest payments are due to be made under the Notes, then the amount of the next succeeding scheduled interest payment will be reduced by the amount of interest accrued to such Settlement
Date and required to be paid on such Settlement Date pursuant to Section 8.2 or Section 12.1. 
 “Settlement
Date” means, with respect to the Called Principal of any Note, the date on which such Called Principal is to be prepaid pursuant to Section 8.2 or has become or is declared to be immediately due and payable pursuant to
Section 12.1, as the context requires. 
 Section 8.7.    Change of Control.
(a) Notice of Change of Control. The Company will, within 15 Business Days after any Responsible Officer has knowledge of the occurrence of any Change of Control, give written notice of such Change of Control to each holder of Notes
(as determined as of the date of such notice). Such notice shall contain and constitute an offer to prepay Notes as described in subparagraph (b) of this Section 8.7 and shall be accompanied by the certificate described in subparagraph
(e) of this Section 8.7. 
 (b)    Offer to Prepay Notes. The offer to prepay Notes contemplated by
subparagraph (a) of this Section 8.7 shall be an offer to prepay, in accordance with and subject to this Section 8.7, all, but not less than all, the Notes held by each holder (in this case only, “holder” in respect of any
Note registered in the name of a nominee for a disclosed beneficial owner shall mean such beneficial owner) on a date specified in such offer (the “Proposed Prepayment Date”). The Proposed Prepayment Date shall be not less than 20 days and
not more than 60 days after the date of such offer (if the Proposed Prepayment Date shall not be specified in such offer, the Proposed Prepayment Date shall be the 45th day after the date of such offer). 

(c)    Acceptance; Rejection. A holder of Notes may accept or reject the offer to prepay made pursuant to this
Section 8.7 by causing a notice of such acceptance or rejection to be delivered to the Company at least 5 Business Days prior to the Proposed Prepayment Date. A failure by a holder of Notes to respond to an offer to prepay made pursuant to this
Section 8.7, or to accept an offer as to all of the Notes held by such holder, in each case on or before the 5th Business Day preceding the Proposed Prepayment Date, shall be deemed to constitute a rejection of such offer by such holder. 

(d)    Prepayment. Prepayment of the Notes to be prepaid pursuant to this Section 8.7 shall be at 100% of the
principal amount of such Notes, together with interest on such Notes accrued to the date of prepayment and without any Make-Whole Amount. The prepayment shall be made on the Proposed Prepayment Date. 

(e)    Officer’s Certificate. Each offer to prepay the Notes pursuant to this Section 8.7 shall be
accompanied by a certificate, executed by a Senior Financial Officer of the Company and dated the date of such offer, specifying: (i) the Proposed Prepayment Date; (ii) that such offer is made pursuant to this Section 8.7; (iii) the
principal amount of each Note offered to be prepaid; (iv) the interest that would be due on each Note offered to be prepaid, accrued to the Proposed Prepayment Date; and (v) in reasonable detail, the nature and date of the Change of
Control. 

  
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	Ameren Transmission Company of Illinois	  	Note Purchase Agreement

  

 (f)    Definition of Change of Control. “Change of
Control” means 
 (1) an event or series of events by which any “person” or “group” (as such terms are used in
Sections 13(d) and 14(d) of the Securities Exchange Act of 1934, but excluding any employee benefit plan of such person or 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” (as defined in Rules 13d-3 and 13d-5 under the Securities Exchange Act of 1934, except that a person or group shall
be deemed to have “beneficial ownership” of all securities that such person or group has the right to acquire, whether such right is exercisable immediately or only after the passage of time (such right, an “option right”)),
directly or indirectly, of 50% or more of the equity securities of Ameren entitled to vote for members of the board of directors or equivalent governing body of Ameren on a fully-diluted basis (and taking into account all such securities that such
person or group has the right to acquire pursuant to any option right); or (2) Ameren shall cease to own, directly or indirectly, at least 75% of the voting capital stock or other equity or voting interests of the Company that is ordinarily
entitled, in the absence of contingencies, to vote in the election of the Company’s directors (excluding, for the avoidance of doubt, preferred stock or other Securities of the Company the holders of which may be entitled to vote to elect
directors only upon a default or under other limited circumstances specified in such Securities); 
 provided, that the events specified in clause
(1) or (2) of this Section 8.7(f) shall not constitute a “Change in Control” if, on the day of the occurrence of such event and at all times during the period of 90 consecutive days thereafter (the “Ratings
Period”), long-term unsecured, unenhanced debt securities of the Company shall maintain an Investment Grade Rating by at least one Rating Agency or, if more than one Rating Agency shall rate such debt securities during such Ratings Period,
each such Rating Agency. 
 Section 8.8.    Payments Due on
Non-Business Days. Anything in this Agreement or the Notes to the contrary notwithstanding, (x) except as set forth in clause (y), any payment of interest on any Note that is due on a date that
is not a Business Day shall be made on the next succeeding Business Day without including the additional days elapsed in the computation of the interest payable on such next succeeding Business Day; and (y) any payment of principal of or
Make-Whole Amount on any Note (including principal due on the Maturity Date of such Note) that is due on a date that is not a Business Day shall be made on the next succeeding Business Day and shall include the additional days elapsed in the
computation of interest payable on such next succeeding Business Day. 
  

	SECTION 9.	AFFIRMATIVE COVENANTS. 

 The Company
covenants that so long as any of the Notes are outstanding: 

Section 9.1.    Compliance with Laws. Without limiting
Section 10.4, the Company will, and will cause each of its Subsidiaries to, comply with all laws, ordinances or governmental rules 

  
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	Ameren Transmission Company of Illinois	  	Note Purchase Agreement

  

 
or regulations to which each of them is subject (including ERISA, Environmental Laws, the USA PATRIOT Act and the other laws and regulations that are referred to in Section 5.16) and will
obtain and maintain in effect all licenses, certificates, permits, franchises and other governmental authorizations necessary to the ownership of their respective properties or to the conduct of their respective businesses, in each case to the
extent necessary to ensure that non-compliance with such laws, ordinances or governmental rules or regulations or failures to obtain or maintain in effect such licenses, certificates, permits, franchises and
other governmental authorizations would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. 

Section 9.2.    Insurance. The Company will, and will cause each of
its Subsidiaries to, maintain, with financially sound and reputable insurers, insurance with respect to their respective properties and businesses against such casualties and contingencies, of such types, on such terms and in such amounts (including
deductibles, co-insurance and self-insurance, if adequate reserves are maintained with respect thereto) as is customary in the case of entities of established reputations engaged in the same or a similar
business and similarly situated, except in each case to the extent that any non-compliance with the terms of this Section 9.2 would not, individually or in the aggregate, reasonably be expected to have a
Material Adverse Effect. 
 Section 9.3.    Maintenance of
Properties. The Company will, and will cause each of its Subsidiaries to, maintain and keep, or cause to be maintained and kept, their respective properties in good repair, working order and condition (other than ordinary wear and tear), so that
the business carried on in connection therewith may be properly conducted at all times, provided that this Section 9.3 shall not prevent the Company or any Subsidiary from discontinuing the operation and the maintenance of any of its
properties if such discontinuance is desirable in the conduct of its business and the Company has concluded that such discontinuance would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. 

Section 9.4.    Payment of Taxes. The Company will, and will cause
each of its Subsidiaries to, file all tax returns required to be filed in any jurisdiction and to pay and discharge all taxes shown to be due and payable on such returns and all other taxes, assessments, governmental charges or levies imposed on
them or any of their properties, assets, income or franchises, to the extent the same have become due and payable and before they have become delinquent, provided that neither the Company nor any Subsidiary need pay any such tax, assessment,
charge or levy if (i) the amount, applicability or validity thereof is contested by the Company or such Subsidiary on a timely basis in good faith and in appropriate proceedings, and the Company or a Subsidiary has established adequate reserves
therefor in accordance with GAAP on the books of the Company or such Subsidiary or (ii) the non-filing of all such returns or nonpayment of all such taxes, assessments, charges and levies would not,
individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. 

Section 9.5.    Corporate Existence, Etc. Subject to
Section 10.2, the Company will at all times preserve and keep its corporate or company existence in full force and effect. Subject to Sections 10.2 and 10.3, the Company will at all times preserve and keep in full force and effect the corporate
or company existence of each of its Subsidiaries (unless merged into the 

  
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	Ameren Transmission Company of Illinois	  	Note Purchase Agreement

  

 
Company or a Wholly-Owned Subsidiary) and all Material rights and franchises of the Company and its Subsidiaries unless, in the good faith judgment of the Company, the termination of or failure
to preserve and keep in full force and effect such corporate or company existence, right or franchise would not, individually or in the aggregate, have a Material Adverse Effect. 

Section 9.6.    Books and Records. The Company will, and will cause each of its
Subsidiaries to, maintain proper books of record and account in conformity with GAAP and all applicable requirements of any Governmental Authority having legal or regulatory jurisdiction over the Company or such Subsidiary, as the case may be. The
Company will, and will cause each of its Subsidiaries to, keep books, records and accounts which, in reasonable detail, accurately reflect all transactions and dispositions of assets. The Company and its Subsidiaries have devised a system of
internal accounting controls sufficient to provide reasonable assurances that their respective books, records, and accounts accurately reflect all transactions and dispositions of assets and the Company will, and will cause each of its Subsidiaries
to, continue to maintain such system. 
 Section 9.7.    Guarantors. (a) The
Company will cause any Person that guarantees or otherwise becomes liable at any time, whether as a borrower or an additional or co-borrower or otherwise, for any Indebtedness of the Company under any Material
Credit Facility to concurrently therewith: 
 (i)    enter into an agreement in form and substance
satisfactory to the Required Holders providing for the guaranty by such Person, on a joint and several basis with all other such Persons, of (x) the prompt payment in full when due of all amounts payable by the Company pursuant to the Notes
(whether for principal, interest, Make-Whole Amount or otherwise) and this Agreement, including all indemnities, fees and expenses payable by the Company thereunder and (y) the prompt, full and faithful performance, observance and discharge by
the Company of each and every covenant, agreement, undertaking and provision required pursuant to the Notes or this Agreement to be performed, observed or discharged by it (a “Guaranty Agreement”); and 

(ii)    deliver the following to each holder of a Note: 

(A)    an executed counterpart of such Guaranty Agreement; 

(B)    a certificate signed by an authorized responsible officer of such Person containing representations
and warranties on behalf of such Person to the same effect, mutatis mutandis, as those contained in Sections 5.1, 5.2, 5.6, and 5.7 of this Agreement (but with respect to such Person and such Guaranty Agreement rather than the Company); 

(C)    all documents as may be reasonably requested by the Required Holders to evidence the due
organization, continuing existence and, where applicable, good standing of such Person and the due authorization by all requisite action on the part of such Person of the execution and delivery of such Guaranty Agreement and the performance by such
Person of its obligations thereunder; and 

  
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	Ameren Transmission Company of Illinois	  	Note Purchase Agreement

  

 (D)    an opinion of counsel reasonably satisfactory to
the Required Holders covering such matters relating to such Person and such Guaranty Agreement as the Required Holders may reasonably request. 

(b)    At the election of the Company and by written notice to each holder of Notes, any Guarantor may be discharged from
all of its obligations and liabilities under its Guaranty Agreement and shall be automatically released from its obligations thereunder without the need for the execution or delivery of any other document by the holders, provided that
(i) if such Guarantor is or was a guarantor or is or was otherwise liable for or in respect of any Material Credit Facility, then such Guarantor has been released and discharged (or will be released and discharged concurrently with the release
of such Guarantor under its Guaranty Agreement) under such Material Credit Facility, (ii) at the time of, and after giving effect to, such release and discharge, no Default or Event of Default shall be existing, (iii) no amount is then due
and payable under such Guaranty Agreement, (iv) if in connection with such Guarantor being released and discharged under any Material Credit Facility, any fee or other form of consideration is given to any holder of Indebtedness under such
Material Credit Facility for such release, the holders of the Notes shall receive equivalent consideration substantially concurrently therewith and (v) each holder shall have received a certificate of a Responsible Officer certifying as to the
matters set forth in clauses (i) through (iv). In the event of any such release, for purposes of Section 10.7, all Indebtedness of such Person shall be deemed to have been incurred by such Person concurrently with such release. 

Section 9.8.    Notes to Rank Pari Passu. The obligations of the Company under
this Agreement and the Notes rank pari passu in right of payment with all other unsubordinated unsecured Indebtedness (actual or contingent) of the Company, including, without limitation, all Material Credit Facilities. 

Section 9.9.    Energy Regulatory Status. The Company will take or cause to be
taken all necessary or appropriate actions, to maintain in full force and effect each regulatory approval required to construct, operate, and maintain its properties (including its transmission facilities) and to conduct its business of transmitting
electricity. 
 Section 9.10.    Maintenance of Rating on the Notes. The Company
will at all times maintain a rating by a NRSRO on the Notes, provided that if the NRSRO rating the Notes withdraws or terminates such rating, the Company shall have 90 days to obtain a rating from another NRSRO. The Company shall notify each holder
of a Note in writing of any change in, or withdrawal of, such rating promptly and in any event within 5 Business Days after a Responsible Officer becoming aware of such change or withdrawal. Additionally, at least once in every twelve calendar
months, the Company shall provide to each holder of a Note a letter from the NRSRO rating the Notes evidencing the rating on the Notes and specifically identifying the private placement number issued for the Notes by Standard & Poor’s
CUSIP Service Bureau or other identification that identifies the Notes (which letter may be shared with the National Association of Insurance Commissioners). 

  
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	Ameren Transmission Company of Illinois	  	Note Purchase Agreement

  

	SECTION 10.	NEGATIVE COVENANTS. 

 The Company
covenants that so long as any of the Notes are outstanding: 

Section 10.1.    Transactions with Affiliates. Except as otherwise
permitted by this Agreement, the Company will not, and will not permit any Significant Subsidiary to, enter into directly or indirectly any Material transaction or Material group of related transactions (including the purchase, lease, sale or
exchange of properties of any kind or the rendering of any service) with any Affiliate (other than the Company or another Subsidiary), except (a) pursuant to the reasonable requirements of the Company’s or such Significant
Subsidiary’s business and upon fair and reasonable terms no less favorable to the Company or such Significant Subsidiary than would be obtainable in a comparable arm’s-length transaction with a
Person not an Affiliate, (b) any transaction that is in compliance with applicable laws and regulations of the Federal Energy Regulatory Commission or any other regulatory authority with jurisdiction over the Company or its Affiliates or is
authorized by a tariff or rate schedule which has been approved by a Governmental Authority, (c) any transaction that is otherwise permitted under Section 10.2, or (d) transactions pursuant to any contract in effect on the date of
this Agreement, to the extent that (i) the terms of the contract are arm’s-length or customary for similarly situated companies or (ii) the contract has been approved by, accepted by, or
filed with a regulatory authority with jurisdiction over the Company, as such contract may be amended, extended or replaced from time to time so long as such contract as so amended, extended or replaced is, taken as a whole, not materially less
favorable to the Company or such Significant Subsidiary, as the case may be, than under the contracts between the Company and its Affiliates in effect on the date of this Agreement. 

Section 10.2.    Merger, Consolidation, Etc. The Company will not,
and will not permit any Subsidiary to, consolidate with or merge with any other Person or convey, transfer or lease all or substantially all of its assets in a single transaction or series of transactions to any Person unless: 

(a)    in the case of any such transaction involving the Company, the successor formed by such
consolidation or the survivor of such merger or the Person that acquires by conveyance, transfer or lease all or substantially all of the assets of the Company as an entirety, as the case may be, shall be a solvent corporation or limited liability
company organized and existing under the laws of the United States or any state thereof (including the District of Columbia), and, if the Company is not such corporation or limited liability company, (i) such corporation or limited liability
company shall have executed and delivered to each holder of any Notes its assumption of the due and punctual performance and observance of each covenant and condition of this Agreement and the Notes and (ii) such corporation or limited
liability company shall have caused to be delivered to each holder of any Notes an opinion of nationally recognized independent counsel, or other independent counsel reasonably satisfactory to the Required Holders, to the effect that all agreements
or instruments effecting such assumption are enforceable in accordance with their terms and comply with the terms hereof; 

  
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	Ameren Transmission Company of Illinois	  	Note Purchase Agreement

  

 (b)    in the case of any such transaction involving a
Subsidiary, the successor formed by such consolidation or the survivor of such merger or the Person that acquires by conveyance, transfer or lease all or substantially all of the assets of such Subsidiary as an entirety, as the case may be, shall be
(1) the Company, (2) another Subsidiary, or (3) any other Person so long as the transaction is treated as a disposition of all of the assets of such Subsidiary for purposes of Section 10.3 and, based on such characterization,
would be permitted pursuant to Section 10.3; 
 (c)    each Guarantor under any Guaranty Agreement
that is outstanding at the time such transaction or each transaction in such a series of transactions occurs reaffirms its obligations under such Guaranty Agreement in writing at such time pursuant to documentation that is reasonably acceptable to
the Required Holders; and 
 (d)    immediately before and immediately after giving effect to such
transaction or each transaction in any such series of transactions, no Default or Event of Default shall have occurred and be continuing. 
 No such
conveyance, transfer or lease of substantially all of the assets of the Company or any Guarantor shall have the effect of releasing the Company or such Guarantor, as the case may be, or any successor corporation or limited liability company that
shall theretofore have become such in the manner prescribed in this Section 10.2, from its liability under (x) this Agreement or the Notes (in the case of the Company) or (y) the Guaranty Agreement (in the case of any Guarantor),
unless, in the case of the conveyance, transfer or lease of substantially all of the assets of a Guarantor, such Guarantor is released from its Guaranty Agreement in accordance with Section 9.7(b) in connection with or immediately following
such conveyance, transfer or lease. 
 Section 10.3.    Sale of
Assets. The Company will not and will not permit any Subsidiary to, sell, lease or otherwise dispose of any Substantial Part (as defined below) of the assets of the Company and its Subsidiaries; provided, however, that the Company or any
Subsidiary may sell, lease or otherwise dispose of assets constituting a Substantial Part of the assets of the Company and its Subsidiaries if such assets are sold in an arm’s length transaction and, at such time and after giving effect
thereto, no Default or Event of Default shall have occurred and be continuing and an amount equal to the net proceeds received from such sale, lease or other disposition of that portion of such assets that exceeds the definition of Substantial Part
(but not less than that portion of such assets that exceeds the definition of Substantial Part) shall be used within 365 days of such sale, lease or disposition, in any combination: 

(1)    to acquire productive assets used or useful in carrying on the business of the Company and its
Subsidiaries, provided, that such assets are acquired in one or more arm’s length transactions or in one or more non-arm’s length transactions permitted by Section 10.1; and/or 

(2)    to prepay or retire Senior Debt of the Company and its Subsidiaries, provided that
(i) the Company shall offer to prepay each outstanding Note in a principal amount which equals the Ratable Portion for such Note, and (ii) any such prepayment of 

  
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	Ameren Transmission Company of Illinois	  	Note Purchase Agreement

  

 
the Notes shall be made at 100% of the principal amount thereof, together with accrued interest thereon to the date of such prepayment, but without the payment of the Make-Whole Amount. Any offer
of prepayment of the Notes pursuant to this Section 10.3 shall be given to each holder of the Notes by written notice that shall be delivered not less than thirty (30) days and not more than sixty (60) days prior to the proposed
prepayment date. Each such notice shall state that it is given pursuant to this Section 10.3 and that the offer set forth in such notice must be accepted by such holder in writing and shall also set forth (i) the prepayment date,
(ii) a description of the circumstances which give rise to the proposed prepayment and (iii) a calculation of the Ratable Portion for such holder’s Notes. Each holder of the Notes which desires to have its Notes prepaid shall notify
the Company in writing delivered not less than five (5) Business Days prior to the proposed prepayment date of its acceptance of such offer of prepayment. A failure by a holder of Notes to respond to an offer to prepay made pursuant to this
Section 10.3, or to accept an offer as to all of the Notes held by such holder, in each case on or before the 5th Business Day preceding the proposed prepayment date, shall be deemed to constitute a rejection of such offer by such holder.
Prepayment of Notes pursuant to this Section 10.3 shall be made in accordance with Section 8.2 (but without payment of the Make-Whole Amount). 

As used in this Section 10.3, a sale, lease or other disposition of assets shall be deemed to be a “Substantial Part” of the assets of
the Company and its Subsidiaries if the book value of such assets, when added to the book value of all other assets sold, leased or otherwise disposed of by the Company and its Subsidiaries during the period of 12 consecutive months ending on the
date of such sale, lease or other disposition, exceeds 10% of the book value of Consolidated Total Assets, determined as of the end of the fiscal year immediately preceding such sale, lease or other disposition; provided that there shall be
excluded from any determination of a “Substantial Part” (i) any sale or disposition of assets in the ordinary course of business of the Company and its Subsidiaries, (ii) any transfer of assets from the Company to any Subsidiary
or from any Subsidiary to the Company or a Subsidiary, and (iii) any sale or transfer of property acquired by the Company or any Subsidiary after the date of this Agreement to any Person within 365 days following the acquisition or construction
of such property by the Company or any Subsidiary if the Company or a Subsidiary shall concurrently with such sale or transfer, lease such property, as lessee. 

Section 10.4.    Line of Business. The Company will not and will not permit any
Subsidiary to engage in any business if, as a result, the principal business in which the Company and its Subsidiaries, taken as a whole, would then be engaged would no longer be the transmission of electricity. 

Section 10.5.    Economic Sanctions, Etc. The Company will not, and will not permit any
Controlled Entity to (a) become (including by virtue of being owned or controlled by a Blocked Person), own or control a Blocked Person or (b) directly or indirectly have any investment in or engage in any dealing or transaction (including
any investment, dealing or transaction involving the proceeds of the Notes) with any Person if such investment, dealing or transaction (i) would cause any holder or any affiliate of such holder to be in violation of, or subject to sanctions
under, any law or regulation applicable to such holder, or (ii) is prohibited by or subject to sanctions under any U.S. Economic Sanctions Laws. 

  
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	Ameren Transmission Company of Illinois	  	Note Purchase Agreement

  

Section 10.6.    Liens. The Company will not and will not permit any
of its Subsidiaries to directly or indirectly create, incur, assume or permit to exist (upon the happening of a contingency or otherwise) any Lien on or with respect to any property or asset (including any document or instrument in respect of goods
or accounts receivable) of the Company or any such Subsidiary, whether now owned or held or hereafter acquired, or any income or profits therefrom, or assign or otherwise convey any right to receive income or profits, except: 

(a)    Liens existing on the date of this Agreement and described on Schedule 10.6; 

(b)    Liens for taxes, assessments or other governmental charges which are not yet due and payable or the
payment of which is not at the time required by Section 9.4; 
 (c)    statutory Liens of landlords
and Liens of carriers, warehousemen, mechanics, materialmen and other similar Liens including Liens incident to construction, in each case, securing claims incurred in the ordinary course of business for sums not yet due and payable or
(i) the amount, applicability or validity thereof is contested by the Company or such Subsidiary on a timely basis in good faith and in appropriate proceedings, and the Company or a Subsidiary has established adequate reserves therefor in
accordance with GAAP on the books of the Company or such Subsidiary or (ii) the nonpayment of all such taxes, assessments, charges, levies and claims could not, individually or in the aggregate, reasonably be expected to have a Material Adverse
Effect; 
 (d)    Liens (other than any Lien imposed by ERISA) incurred or deposits made in the ordinary
course of business (i) for salary or wages earned, but not yet payable, or (ii) in connection with workers’ compensation, unemployment insurance and other types of social security or retirement benefits, or (iii) to secure (or to
obtain letters of credit that secure) the performance of tenders, statutory obligations, surety, reclamations or appeal bonds, bids, leases (other than Capital Leases), or other obligations, or (iv) to secure (or to obtain letters of credit
that secure) obligations to public utilities, municipalities, governmental or other public authorities in connection with the supply of services or utilities to the Company or a Subsidiary, in each case not incurred or made in connection with the
borrowing of money, the obtaining of advances or credit or the payment of the deferred purchase price of property; 

(e)    any attachment or judgment Lien, unless the judgment it secures shall not, within 60 days after the
entry thereof, have been discharged or execution thereof stayed pending appeal, or shall not have been discharged within 60 days after the expiration of any such stay; 

(f)    Liens consisting of grants by the Company or any of its Subsidiaries of easements, rights of access,
leases or rights-of-way in, upon, over and/or across the property or rights-of-way of the
Company or its Subsidiaries for the purpose of roads, pipe lines, transmission lines, distribution lines, communication lines, railways, removal of coal or other minerals, water or timber, and other like purposes, or for the joint or

  
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	Ameren Transmission Company of Illinois	  	Note Purchase Agreement

  

 
common use of real property, rights-of-way, facilities and/or equipment; provided, however, that no such
grant shall materially impair the use of the property or rights-of-way for the purposes for which such property or rights-of-way are held by the Company or its Subsidiaries; 

(g)    Liens consisting of minor survey exceptions and the like which do not, in the aggregate, materially
detract from the value of such property; 
 (h)    Liens consisting of controls, restrictions,
obligations, duties and/or other burdens imposed by federal, state, municipal or other law, or by rules, regulations or orders of Governmental Authorities, upon any property of the Company or its Subsidiaries or the ownership, operation or use
thereof or upon the Company with respect to any of its property or the operation or use thereof or with respect to any franchise, grant, license, permit or public purpose requirement, or any rights reserved to or otherwise vested in Governmental
Authorities to impose any such controls, restrictions, obligations, duties and/or other burdens; 

(i)    Liens consisting of rights reserved to or vested in others to take or receive any part of any coal,
ore, gas, oil and other minerals, any timber and/or any electric capacity or energy, gas, water, steam and any other products developed, produced, manufactured, generated, purchased or otherwise acquired by the Company or by others on property of
the Company or any of its Subsidiaries; 
 (j)    Liens on property or assets of any Subsidiary securing
Indebtedness owing to the Company or to another Wholly-Owned Subsidiary; 
 (k)    any Lien created to
secure all or any part of the purchase price, or to secure Indebtedness incurred or assumed to pay all or any part of the purchase price or cost of construction, of property (or any improvement thereof) acquired or constructed by the Company or a
Subsidiary after the date of the First Closing, provided that (i) any such Lien shall extend solely to the item or items of such property (or improvement thereon) so acquired or constructed and, if required by the terms of the instrument
originally creating such Lien, other property (or improvements thereon) which is an improvement to, replacement for any part of such property, or is acquired for specific use in connection with such acquired or constructed property (or improvement
thereof) or which is real property being improved by such acquired or constructed property (or improvement thereon); (ii) the principal amount of the Indebtedness secured by such Lien shall at no time exceed an amount equal to 100% of the lesser of
(A) the cost to the Company or such Subsidiary of the property (or improvement thereon) so acquired or constructed and (B) the fair market value (as determined in good faith by the board of directors of the Company) of such property (or
improvement thereon) at the time of such acquisition or construction; and (iii) any such Lien shall be created contemporaneously with, or within 365 days after, the acquisition or completion of construction of such property; 

(l)    any Lien existing on property of a Person immediately prior to its being consolidated with or merged
into the Company or a Subsidiary or its becoming a 

  
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	Ameren Transmission Company of Illinois	  	Note Purchase Agreement

  

 
Subsidiary, or any Lien existing on any property acquired by the Company or any Subsidiary at the time such property is so acquired (whether or not the Indebtedness secured thereby shall have
been assumed), provided that (i) no such Lien shall have been created or assumed in contemplation of such consolidation or merger or such Person’s becoming a Subsidiary or such acquisition of property, and, (ii) each such Lien shall
extend solely to the item or items of property so acquired and, if required by the terms of the instrument originally creating such Lien, other property which is an improvement to, a replacement for any part of, or is acquired for specific use in
connection with such acquired property; 
 (m)    any Lien on property or interests in property owned any
Person other than the Company or its Subsidiaries in, upon, over and/or across which the Company or its Subsidiaries own any easements, rights of access, leases,
rights-of-way, any joint, common or undivided interest, or any other property or interest in property, provided that (1) such Lien shall not extend to the property
or interests in property owned by the Company or its Subsidiaries or (2) such Lien shall not materially impair the use of the property or interests in property owned by the Company or its Subsidiaries for the purposes for which such property or
interests in property are owned by the Company or its Subsidiaries; 
 (n)    any Lien renewing,
extending or replacing one or more Liens permitted by subsections (a), (j), (k), (l), (m), and (n), of this Section 10.6, provided that, (i) the principal amount of Indebtedness secured by such Lien(s) immediately prior to such
extension, renewal or refunding is not increased or the maturity thereof reduced, (ii) such Lien is not extended to any property other than property permitted to be subject to such Lien(s) by such subsections, and (iii) immediately after
such extension, renewal or refunding, no Default or Event of Default would exist; and 
 (o)    other
Liens securing Indebtedness of the Company or any Subsidiary not otherwise permitted by subsections (a) through (n) of this Section 10.6, provided that Priority Debt shall not at any time exceed the amount permitted by Section 10.7,
provided, further, that notwithstanding the foregoing, the Company shall not, and shall not permit any of its Subsidiaries to, secure pursuant to this Section 10.6(o) any Indebtedness outstanding under or pursuant to any Material Credit
Facility unless and until the Notes (and any guaranty delivered in connection therewith) shall concurrently be secured equally and ratably with such Indebtedness pursuant to documentation reasonably acceptable to the Required Holders in substance
and in form, including an intercreditor agreement and opinions of counsel to the Company and/or any such Subsidiary, as the case may be, from counsel that is reasonably acceptable to the Required Holders. 

Section 10.7.    Financial Covenants. The Company will not at any
time permit: 
 (a)    Consolidated Debt to exceed 70% of Consolidated Total Capitalization (Consolidated
Total Capitalization to be determined as of the end of the most recently ended fiscal quarter of the Company); or 

  
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	Ameren Transmission Company of Illinois	  	Note Purchase Agreement

  

 (b)    Priority Debt to exceed 10% of Consolidated Total
Assets (Consolidated Total Assets to be determined as of the end of the most recently ended fiscal quarter of the Company). 
  

	SECTION 11.	EVENTS OF DEFAULT. 

An “Event of Default” shall exist if any of the following conditions or events shall occur and be continuing: 

(a)    the Company defaults in the payment of any principal or Make-Whole Amount, if any, on any Note when
the same becomes due and payable, whether at maturity or at a date fixed for prepayment or by declaration or otherwise; or 

(b)    the Company defaults in the payment of any interest on any Note for more than five Business Days
after the same becomes due and payable; or 
 (c)    the Company defaults in the performance of or
compliance with any term contained in Section 7.1(d) or Section 10.2; or 
 (d)    the Company
or any Guarantor defaults in the performance of or compliance with any term contained herein (other than those referred to in Sections 11(a), (b) and (c)) or in any Guaranty Agreement and such default is not remedied within 30 days after
the earlier of (i) a Responsible Officer obtaining actual knowledge of such default and (ii) the Company receiving written notice of such default from any holder of a Note (any such written notice to be identified as a “notice of
default” and to refer specifically to this Section 11(d)); or 
 (e)    (i) any representation
or warranty made in writing by or on behalf of the Company or by any officer of the Company in this Agreement or any writing furnished in connection with the transactions contemplated hereby proves to have been false or incorrect in any material
respect on the date as of which made, or (ii) any representation or warranty made in writing by or on behalf of any Guarantor or by any officer of such Guarantor in any Guaranty Agreement or any writing furnished in connection with such
Guaranty Agreement proves to have been false or incorrect in any material respect on the date as of which made; or 

(f)    (i) the Company or any Significant Subsidiary is in default (as principal or as guarantor or other
surety) in the payment of any principal of or premium or make-whole amount or interest on any Indebtedness that is outstanding in an aggregate principal amount of at least the Threshold Amount beyond any period of grace provided with respect
thereto, or (ii) the Company or any Significant Subsidiary is in default in the performance of or compliance with any term of any evidence of any Indebtedness in an aggregate outstanding principal amount of at least the Threshold Amount or of
any mortgage, indenture or other agreement relating thereto or any other condition exists, and as a consequence of such default or condition, such Indebtedness has become or has been declared due and payable before its stated maturity or before its
regularly scheduled dates of payment; or 

  
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	Ameren Transmission Company of Illinois	  	Note Purchase Agreement

  

 (g)    the Company or any Significant Subsidiary
(i) is generally not paying, or admits in writing its inability to pay, its debts as they become due, (ii) files, or consents by answer or otherwise to the filing against it of, a petition for relief or reorganization or arrangement or any
other petition in bankruptcy, for liquidation or to take advantage of any bankruptcy, insolvency, reorganization, moratorium or other similar law of any jurisdiction, (iii) makes an assignment for the benefit of its creditors,
(iv) consents to the appointment of a custodian, receiver, trustee or other officer with similar powers with respect to it or with respect to any substantial part of its property, (v) is adjudicated as insolvent or to be liquidated, or
(vi) takes corporate action for the purpose of any of the foregoing; or 
 (h)    a court or other
Governmental Authority of competent jurisdiction enters an order appointing, without consent by the Company or any of its Significant Subsidiaries, a custodian, receiver, trustee or other officer with similar powers with respect to it or with
respect to any substantial part of its property, or constituting an order for relief or approving a petition for relief or reorganization or any other petition in bankruptcy or for liquidation or to take advantage of any bankruptcy or insolvency law
of any jurisdiction, or ordering the dissolution, winding-up or liquidation of the Company or any of its Significant Subsidiaries, or any such petition shall be filed against the Company or any of its
Significant Subsidiaries and such petition shall not be dismissed within 60 days; or 
 (i)    any event
occurs with respect to the Company or any Significant Subsidiary which under the laws of any jurisdiction is analogous to any of the events described in Section 11(g) or Section 11(h), provided that the applicable grace period, if
any, which shall apply shall be the one applicable to the relevant proceeding which most closely corresponds to the proceeding described in Section 11(g) or Section 11(h); or 

(j)    one or more final judgments or orders for the payment of money aggregating in excess of the
Threshold Amount, including any such final order enforcing a binding arbitration decision, are rendered against one or more of the Company and its Significant Subsidiaries and which judgments are not, within 60 days after entry thereof, bonded,
discharged or stayed pending appeal, or are not discharged within 60 days after the expiration of such stay; or 

(k)    if (i) any Plan shall fail to satisfy the minimum funding standards of ERISA or the Code for
any plan year or part thereof or a waiver of such standards or extension of any amortization period is sought or granted under section 412 of the Code, (ii) a notice of intent to terminate any Plan shall have been or is reasonably
expected to be filed with the PBGC or the PBGC shall have instituted proceedings under ERISA section 4042 to terminate or appoint a trustee to administer any Plan or the PBGC shall have notified the Company or any ERISA Affiliate that a Plan may
become a subject of any such proceedings, (iii) there is any “amount of unfunded benefit liabilities” (within 

  
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	Ameren Transmission Company of Illinois	  	Note Purchase Agreement

  

 
the meaning of section 4001(a)(18) of ERISA) in excess of the Threshold Amount under one or more Plans, determined in accordance with Title IV of ERISA, (iv) the aggregate present value of
accrued benefit liabilities under all funded Non-U.S. Plans exceeds the aggregate current value of the assets of such Non-U.S. Plans allocable to such liabilities,
(v) the Company or any ERISA Affiliate shall have incurred or is reasonably expected to incur any liability pursuant to Title I of ERISA or Title IV of ERISA or the penalty or excise tax provisions of the Code relating to employee benefit
plans, (vi) the Company or any ERISA Affiliate withdraws from any Multiemployer Plan, (vii) the Company or any Subsidiary establishes or amends any employee welfare benefit plan that provides post-employment welfare benefits in a manner
that would increase the liability of the Company or any Subsidiary thereunder, (viii) the Company or any Subsidiary fails to administer or maintain a Non-U.S. Plan in compliance with the requirements of
any and all applicable laws, statutes, rules, regulations or court orders or any Non-U.S. Plan is involuntarily terminated or wound up, or (ix) the Company or any Subsidiary becomes subject to the
imposition of a financial penalty (which for this purpose shall mean any tax, penalty or other liability, whether by way of indemnity or otherwise) with respect to one or more Non-U.S. Plans; and any such
event or events described in clauses (i) through (ix) above, either individually or together with any other such event or events, would reasonably be expected to have a Material Adverse Effect. As used in this Section 11(k), the terms
“employee benefit plan” and “employee welfare benefit plan” shall have the respective meanings assigned to such terms in section 3 of ERISA; or 

(l)    any Guaranty Agreement shall cease to be in full force and effect, any Guarantor or any Person
acting on behalf of any Guarantor shall contest in any manner the validity, binding nature or enforceability of any Guaranty Agreement, or the obligations of any Guarantor under any Guaranty Agreement are not or cease to be legal, valid, binding and
enforceable in accordance with the terms of such Guaranty Agreement. 
  

	SECTION 12.	REMEDIES ON DEFAULT, ETC. 

Section 12.1.    Acceleration. (a) If an Event of Default with
respect to the Company described in Section 11(g), (h) or (i) (other than an Event of Default described in clause (i) of Section 11(g) or described in clause (vi) of Section 11(g) by virtue of the fact that such clause
encompasses clause (i) of Section 11(g)) has occurred, all the Notes then outstanding shall automatically become immediately due and payable. 

(b)    If any other Event of Default has occurred and is continuing, the Required Holders may at any time at its or their
option, by notice or notices to the Company, declare all the Notes then outstanding to be immediately due and payable. 

(c)    If any Event of Default described in Section 11(a) or (b) has occurred and is continuing, any holder or
holders of Notes at the time outstanding affected by such Event of Default may at any time, at its or their option, by notice or notices to the Company, declare all the Notes held by it or them to be immediately due and payable. 

  
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	Ameren Transmission Company of Illinois	  	Note Purchase Agreement

  

 Upon any Notes becoming due and payable under this Section 12.1, whether automatically
or by declaration, such Notes will forthwith mature and the entire unpaid principal amount of such Notes, plus (x) all accrued and unpaid interest thereon (including interest accrued thereon at the Default Rate) and (y) the Make-Whole
Amount determined in respect of such principal amount, shall all be immediately due and payable, in each and every case without presentment, demand, protest or further notice, all of which are hereby waived. The Company acknowledges, and the parties
hereto agree, that each holder of a Note has the right to maintain its investment in the Notes free from repayment by the Company (except as herein specifically provided for) and that the provision for payment of a Make-Whole Amount by the Company
in the event that the Notes are prepaid or are accelerated as a result of an Event of Default, is intended to provide compensation for the deprivation of such right under such circumstances. 

Section 12.2.    Other Remedies. If any Default or Event of Default
has occurred and is continuing, and irrespective of whether any Notes have become or have been declared immediately due and payable under Section 12.1, the holder of any Note at the time outstanding may proceed to protect and enforce the rights
of such holder by an action at law, suit in equity or other appropriate proceeding, whether for the specific performance of any agreement contained herein or in any Note or Guaranty Agreement, or for an injunction against a violation of any of the
terms hereof or thereof, or in aid of the exercise of any power granted hereby or thereby or by law or otherwise. 

Section 12.3.    Rescission. At any time after any Notes have been
declared due and payable pursuant to Section 12.1(b) or (c), the Required Holders, by written notice to the Company, may rescind and annul any such declaration and its consequences if (a) the Company has paid all overdue interest on the
Notes, all principal of and Make-Whole Amount, if any, on any Notes that are due and payable and are unpaid other than by reason of such declaration, and all interest on such overdue principal and Make-Whole Amount, if any, and (to the extent
permitted by applicable law) any overdue interest in respect of the Notes, at the Default Rate, (b) neither the Company nor any other Person shall have paid any amounts which have become due solely by reason of such declaration, (c) all
Events of Default and Defaults, other than non-payment of amounts that have become due solely by reason of such declaration, have been cured or have been waived pursuant to Section 17, and (d) no
judgment or decree has been entered for the payment of any monies due pursuant hereto or to the Notes. No rescission and annulment under this Section 12.3 will extend to or affect any subsequent Event of Default or Default or impair any right
consequent thereon. 
 Section 12.4.    No Waivers or Election of
Remedies, Expenses, Etc. No course of dealing and no delay on the part of any holder of any Note in exercising any right, power or remedy shall operate as a waiver thereof or otherwise prejudice such holder’s rights, powers or remedies. No
right, power or remedy conferred by this Agreement, any Guaranty Agreement or any Note upon any holder thereof shall be exclusive of any other right, power or remedy referred to herein or therein or now or hereafter available at law, in equity, by
statute or otherwise. Without limiting the obligations of the Company under Section 15, the Company will pay to the holder of each Note on demand such further amount as shall be sufficient to cover all costs and expenses of such holder incurred
in any enforcement or collection under this Section 12, including reasonable attorneys’ fees, expenses and disbursements. 

  
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	Ameren Transmission Company of Illinois	  	Note Purchase Agreement

  

	SECTION 13.	REGISTRATION; EXCHANGE; SUBSTITUTION OF NOTES. 

Section 13.1.    Registration of Notes. The Company shall keep at its principal executive
office a register for the registration and registration of transfers of Notes. The name and address of each holder of one or more Notes, each transfer thereof and the name and address of each transferee of one or more Notes shall be registered in
such register. If any holder of one or more Notes is a nominee, then (a) the name and address of the beneficial owner of such Note or Notes shall also be registered in such register as an owner and holder thereof and (b) at any such
beneficial owner’s option, either such beneficial owner or its nominee may execute any amendment, waiver or consent pursuant to this Agreement. Prior to due presentment for registration of transfer, the Person in whose name any Note shall be
registered shall be deemed and treated as the owner and holder thereof for all purposes hereof, and the Company shall not be affected by any notice or knowledge to the contrary. The Company shall give to any holder of a Note that is an Institutional
Investor promptly upon request therefor, a complete and correct copy of the names and addresses of all registered holders of Notes. 

Section 13.2.    Transfer and Exchange of Notes. Upon surrender of any Note to the
Company at the address and to the attention of the designated officer (all as specified in Section 18(iii)), for registration of transfer or exchange (and in the case of a surrender for registration of transfer accompanied by a written
instrument of transfer duly executed by the registered holder of such Note or such holder’s attorney duly authorized in writing and accompanied by the relevant name, address and other information for notices of each transferee of such Note or
part thereof), within 10 Business Days thereafter, the Company shall execute and deliver, at the Company’s expense (except as provided below), one or more new Notes (as requested by the holder thereof) in exchange therefor, in an aggregate
principal amount equal to the unpaid principal amount of the surrendered Note. Each such new Note shall be payable to such Person as such holder may request and shall be substantially in the form of Schedule 1. Each such new Note shall be dated and
bear interest from the date to which interest shall have been paid on the surrendered Note or dated the date of the surrendered Note if no interest shall have been paid thereon. The Company may require payment of a sum sufficient to cover any stamp
tax or governmental charge imposed in respect of any such transfer of Notes. Notes shall not be transferred in denominations of less than $100,000, provided that if necessary to enable the registration of transfer by a holder of its entire holding
of Notes, one Note may be in a denomination of less than $100,000. Any transferee, by its acceptance of a Note registered in its name (or the name of its nominee), shall be deemed to have made the representation set forth in Section 6.2. 

Section 13.3.    Replacement of Notes. Upon receipt by the Company at the address and to
the attention of the designated officer (all as specified in Section 18(iii)) of evidence reasonably satisfactory to it of the ownership of and the loss, theft, destruction or mutilation of any Note (which evidence shall be, in the case of an
Institutional Investor, notice from such Institutional Investor of such ownership and such loss, theft, destruction or mutilation), and 

(a)    in the case of loss, theft or destruction, of indemnity reasonably satisfactory to it (provided that
if the holder of such Note is, or is a nominee for, an original Purchaser or another holder of a Note with a minimum net worth of at least $25,000,000 or a Qualified Institutional Buyer, such Person’s own unsecured agreement of indemnity shall
be deemed to be satisfactory), or 

  
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	Ameren Transmission Company of Illinois	  	Note Purchase Agreement

  

 (b)    in the case of mutilation, upon surrender and
cancellation thereof, 
 within 10 Business Days thereafter, the Company at its own expense shall execute and deliver, in lieu thereof, a new Note, dated
and bearing interest from the date to which interest shall have been paid on such lost, stolen, destroyed or mutilated Note or dated the date of such lost, stolen, destroyed or mutilated Note if no interest shall have been paid thereon. 

 

	SECTION 14.	PAYMENTS ON NOTES. 

Section 14.1.    Place of Payment. Subject to Section 14.2, payments of principal,
Make-Whole Amount, if any, and interest becoming due and payable on the Notes shall be made in New York, New York at the principal office of Bank of America, N.A. in such jurisdiction. The Company may at any time, by notice to each holder of a Note,
change the place of payment of the Notes so long as such place of payment shall be either the principal office of the Company in such jurisdiction or the principal office of a bank or trust company in such jurisdiction. 

Section 14.2.    Payment by Wire Transfer. So long as any Purchaser or its nominee shall
be the holder of any Note, and notwithstanding anything contained in Section 14.1 or in such Note to the contrary, the Company will pay all sums becoming due on such Note for principal, Make-Whole Amount, if any, interest and all other amounts
becoming due hereunder by the method and at the address specified for such purpose below such Purchaser’s name in the Purchaser Schedule, or by such other method or at such other address as such Purchaser shall have from time to time specified
to the Company in writing for such purpose, without the presentation or surrender of such Note or the making of any notation thereon, except that upon written request of the Company made concurrently with or reasonably promptly after payment or
prepayment in full of any Note, such Purchaser shall surrender such Note for cancellation, reasonably promptly after any such request, to the Company at its principal executive office or at the place of payment most recently designated by the
Company pursuant to Section 14.1. Prior to any sale or other disposition of any Note held by a Purchaser or its nominee, such Purchaser will, at its election, either endorse thereon the amount of principal paid thereon and the last date to
which interest has been paid thereon or surrender such Note to the Company in exchange for a new Note or Notes pursuant to Section 13.2. The Company will afford the benefits of this Section 14.2 to any Institutional Investor that is the
direct or indirect transferee of any Note purchased by a Purchaser under this Agreement and that has made the same agreement relating to such Note as the Purchasers have made in this Section 14.2. 

Section 14.3.     FATCA Information. By acceptance of any Note, the holder of such
Note agrees that such holder will with reasonable promptness duly complete and deliver to the Company, or to such other Person as may be reasonably requested by the Company, from time to time (a) in the case of any such holder that is a United
States Person, such holder’s United States tax identification number or other Forms reasonably requested by the Company necessary to establish such holder’s status as a United States Person under FATCA and as may otherwise be necessary for
the Company to comply with its obligations under FATCA and (b) in the case of 

  
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	Ameren Transmission Company of Illinois	  	Note Purchase Agreement

  

 
any such holder that is not a United States Person, such documentation prescribed by applicable law (including as prescribed by section 1471(b)(3)(C)(i) of the Code) and such additional
documentation as may be necessary for the Company to comply with its obligations under FATCA and to determine that such holder has complied with such holder’s obligations under FATCA or to determine the amount (if any) to deduct and withhold
from any such payment made to such holder. Nothing in this Section 14.3 shall require any holder to provide information that is confidential or proprietary to such holder unless the Company is required to obtain such information under FATCA
and, in such event, the Company shall treat any such information it receives as confidential. 
  

	SECTION 15.	EXPENSES, ETC. 

Section 15.1.    Transaction Expenses. Whether or not the transactions contemplated
hereby are consummated, the Company will pay all costs and expenses (including reasonable attorneys’ fees of a special counsel and, if reasonably required by the Required Holders, local or other counsel) incurred by the Purchasers and each
other holder of a Note in connection with such transactions and in connection with any amendments, waivers or consents under or in respect of this Agreement, any Guaranty Agreement or the Notes (whether or not such amendment, waiver or consent
becomes effective), including: (a) the costs and expenses incurred in enforcing or defending (or determining whether or how to enforce or defend) any rights under this Agreement, any Guaranty Agreement or the Notes or in responding to any
subpoena or other legal process or informal investigative demand issued in connection with this Agreement, any Guaranty Agreement or the Notes, or by reason of being a holder of any Note, (b) the costs and expenses, including financial
advisors’ fees, incurred in connection with the insolvency or bankruptcy of the Company or any Subsidiary or in connection with any work-out or restructuring of the transactions contemplated hereby and by
the Notes and any Guaranty Agreement and (c) the costs and expenses incurred in connection with the initial filing of this Agreement and all related documents and financial information with the SVO provided, that such costs and expenses
under this clause (c) shall not exceed $5,000. If required by the NAIC, the Company shall obtain and maintain at its own cost and expense a Legal Entity Identifier (LEI). 

The Company will pay, and will save each Purchaser and each other holder of a Note harmless from, (i) all claims in respect of any fees,
costs or expenses, if any, of brokers and finders (other than those, if any, retained by a Purchaser or other holder in connection with its purchase of the Notes), (ii) any and all wire transfer fees that any bank or other financial institution
deducts from any payment under such Note to such holder or otherwise charges to a holder of a Note with respect to a payment under such Note and (iii) any judgment, liability, claim, order, decree, fine, penalty, cost, fee, expense (including
reasonable attorneys’ fees and expenses) or obligation resulting from the consummation of the transactions contemplated hereby, including the use of the proceeds of the Notes by the Company. 

Section 15.2.    Certain Taxes. The Company agrees to pay all stamp, documentary
or similar taxes or fees which may be payable in respect of the execution and delivery or the enforcement of this Agreement or any Guaranty Agreement or the execution and delivery (but not the transfer) or the enforcement of any of the Notes in the
United States or any other jurisdiction where the Company or any Guarantor has assets or of any amendment of, or waiver 

  
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	Ameren Transmission Company of Illinois	  	Note Purchase Agreement

  

 
or consent under or with respect to, this Agreement or any Guaranty Agreement or of any of the Notes, and to pay any value added tax due and payable in respect of reimbursement of costs and
expenses by the Company pursuant to this Section 15, and will save each holder of a Note to the extent permitted by applicable law harmless against any loss or liability resulting from nonpayment or delay in payment of any such tax or fee
required to be paid by the Company hereunder. 
 Section 15.3.    Survival. The
obligations of the Company under this Section 15 will survive the payment or transfer of any Note, the enforcement, amendment or waiver of any provision of this Agreement, any Guaranty Agreement or the Notes, and the termination of this
Agreement. 
  

	SECTION 16.	SURVIVAL OF REPRESENTATIONS AND WARRANTIES; ENTIRE AGREEMENT. 

All representations and warranties contained herein shall survive the execution and delivery of this Agreement and the Notes, the purchase or
transfer by any Purchaser of any Note or portion thereof or interest therein and the payment of any Note, and may be relied upon by any subsequent holder of a Note, regardless of any investigation made at any time by or on behalf of such Purchaser
or any other holder of a Note. All statements contained in any certificate or other instrument delivered by or on behalf of the Company pursuant to this Agreement shall be deemed representations and warranties of the Company under this Agreement.
Subject to the preceding sentence, this Agreement, the Notes and any Subsidiary Guaranties embody the entire agreement and understanding between each Purchaser and the Company and supersede all prior agreements and understandings relating to the
subject matter hereof. 
  

	SECTION 17.	AMENDMENT AND WAIVER. 

Section 17.1.    Requirements. This Agreement and the Notes may be amended, and the
observance of any term hereof or of the Notes may be waived (either retroactively or prospectively), only with the written consent of the Company and the Required Holders, except that: 

(a)    no amendment or waiver of any of Sections 1, 2, 3, 4, 5, 6 or 21 hereof, or any defined term (as it
is used therein), will be effective as to any Purchaser unless consented to by such Purchaser in writing; and 

(b)     no amendment or waiver may, without the written consent of each Purchaser and the holder of each
Note at the time outstanding, (i) subject to Section 12 relating to acceleration or rescission, change the amount or time of any prepayment or payment of principal of, or reduce the rate or change the time of payment or method of
computation of (x) interest on the Notes or (y) the Make-Whole Amount, (ii) change the percentage of the principal amount of the Notes the holders of which are required to consent to any amendment or waiver, or (iii) amend any of
Sections 8 (except as set forth in the second sentence of Section 8.2 and Section 17.1(c)), 11(a), 11(b), 12, 17 or 20. 

  
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	Ameren Transmission Company of Illinois	  	Note Purchase Agreement

  

 Section 17.2.    Solicitation of Holders of
Notes. 
 (a)    Solicitation. The Company will provide each holder of a Note with sufficient information,
sufficiently far in advance of the date a decision is required, to enable such holder to make an informed and considered decision with respect to any proposed amendment, waiver or consent in respect of any of the provisions hereof or of the Notes or
any Guaranty Agreement. The Company will deliver executed or true and correct copies of each amendment, waiver or consent effected pursuant to this Section 17 or any Guaranty Agreement to each holder of a Note promptly following the date on
which it is executed and delivered by, or receives the consent or approval of, the requisite holders of Notes. 

(b)    Payment. The Company will not directly or indirectly pay or cause to be paid any remuneration, whether by
way of supplemental or additional interest, fee or otherwise, or grant any security or provide other credit support, to any holder of a Note as consideration for or as an inducement to the entering into by such holder of any waiver or amendment of
any of the terms and provisions hereof or of any Guaranty Agreement or any Note unless such remuneration is concurrently paid, or security is concurrently granted or other credit support concurrently provided, on the same terms, ratably to each
holder of a Note even if such holder did not consent to such waiver or amendment. 
 (c)    Consent in Contemplation
of Transfer. Any consent given pursuant to this Section 17 or any Guaranty Agreement by a holder of a Note that has transferred or has agreed to transfer its Note to (i) the Company, (ii) any Subsidiary or any other Affiliate or
(iii) any other Person in connection with, or in anticipation of, such other Person acquiring, making a tender offer for or merging with the Company and/or any of its Affiliates, in each case in connection with such consent, shall be void and
of no force or effect except solely as to such holder, and any amendments effected or waivers granted or to be effected or granted that would not have been or would not be so effected or granted but for such consent (and the consents of all other
holders of Notes that were acquired under the same or similar conditions) shall be void and of no force or effect except solely as to such holder. 

Section 17.3.    Binding Effect, Etc. Any amendment or waiver consented to as
provided in this Section 17 or any Guaranty Agreement applies equally to all holders of Notes and is binding upon them and upon each future holder of any Note and upon the Company without regard to whether such Note has been marked to indicate
such amendment or waiver. No such amendment or waiver will extend to or affect any obligation, covenant, agreement, Default or Event of Default not expressly amended or waived or impair any right consequent thereon. No course of dealing between the
Company and any holder of a Note and no delay in exercising any rights hereunder or under any Note or Guaranty Agreement shall operate as a waiver of any rights of any holder of such Note. 

Section 17.4.    Notes Held by Company, Etc. Solely for the purpose of determining
whether the holders of the requisite percentage of the aggregate principal amount of Notes then outstanding approved or consented to any amendment, waiver or consent to be given under this Agreement, any Guaranty Agreement or the Notes, or have
directed the taking of any action provided herein or in any Guaranty Agreement or the Notes to be taken upon the direction of the holders of a specified percentage of the aggregate principal amount of Notes then outstanding, Notes directly or
indirectly owned by the Company or any of its Affiliates shall be deemed not to be outstanding. 

  
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	Ameren Transmission Company of Illinois	  	Note Purchase Agreement

  

	SECTION 18.	NOTICES. 

 Except to the extent otherwise provided
in Section 7.4, all notices and communications provided for hereunder shall be in writing and sent (a) by telecopy if the sender on the same day sends a confirming copy of such notice by an internationally recognized overnight delivery
service (charges prepaid), or (b) by registered or certified mail with return receipt requested (postage prepaid), or (c) by an internationally recognized overnight delivery service (charges prepaid). Any such notice must be sent: 

(i)    if to any Purchaser or its nominee, to such Purchaser or nominee at the address specified for such
communications in the Purchaser Schedule, or at such other address as such Purchaser or nominee shall have specified to the Company in writing, 

(ii)    if to any other holder of any Note, to such holder at such address as such other holder shall have
specified to the Company in writing, or 
 (iii)    if to the Company, to the Company at its address set
forth at the beginning hereof to the attention of the treasurer of the Company, or at such other address as the Company shall have specified to the holder of each Note in writing. 

Notices under this Section 18 will be deemed given only when actually received. 

 

	SECTION 19.	REPRODUCTION OF DOCUMENTS. 

This Agreement and all documents relating thereto, including (a) consents, waivers and modifications that may hereafter be executed,
(b) documents received by any Purchaser at either Closing (except the Notes themselves), and (c) financial statements, certificates and other information previously or hereafter furnished to any Purchaser, may be reproduced by such
Purchaser by any photographic, photostatic, electronic, digital, or other similar process and such Purchaser may destroy any original document so reproduced. The Company agrees and stipulates that, to the extent permitted by applicable law, any such
reproduction shall be admissible in evidence as the original itself in any judicial or administrative proceeding (whether or not the original is in existence and whether or not such reproduction was made by such Purchaser in the regular course of
business) and any enlargement, facsimile or further reproduction of such reproduction shall likewise be admissible in evidence. This Section 19 shall not prohibit the Company or any other holder of Notes from contesting any such reproduction to
the same extent that it could contest the original, or from introducing evidence to demonstrate the inaccuracy of any such reproduction. 

  
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	Ameren Transmission Company of Illinois	  	Note Purchase Agreement

  

	SECTION 20.	CONFIDENTIAL INFORMATION. 

 For the
purposes of this Section 20, “Confidential Information” means information delivered to any Purchaser by or on behalf of the Company or any Subsidiary in connection with the transactions contemplated by or otherwise pursuant to
this Agreement that is proprietary in nature and that was clearly marked or labeled or otherwise adequately identified when received by such Purchaser as being confidential information of the Company or such Subsidiary, provided that such term does
not include information that (a) was publicly known or otherwise known to such Purchaser prior to the time of such disclosure, (b) subsequently becomes publicly known through no act or omission by such Purchaser or any Person acting on
such Purchaser’s behalf, (c) otherwise becomes known to such Purchaser other than through disclosure by the Company or any Subsidiary or (d) constitutes financial statements delivered to such Purchaser under Section 7.1 that are
otherwise publicly available. Each Purchaser will maintain the confidentiality of such Confidential Information in accordance with procedures adopted by such Purchaser in good faith to protect confidential information of third parties delivered to
such Purchaser, provided that such Purchaser may deliver or disclose Confidential Information to (i) its directors, officers, employees, agents, attorneys, trustees and affiliates (to the extent such disclosure reasonably relates to the
administration of the investment represented by its Notes), (ii) its auditors, financial advisors and other professional advisors who agree to hold confidential the Confidential Information substantially in accordance with this Section 20,
(iii) any other holder of any Note, (iv) any Institutional Investor to which it sells or offers to sell such Note or any part thereof or any participation therein (if such Person has agreed in writing prior to its receipt of such Confidential
Information to be bound by this Section 20), (v) any Person from which it offers to purchase any Security of the Company (if such Person has agreed in writing prior to its receipt of such Confidential Information to be bound by this
Section 20), (vi) any federal or state regulatory authority having jurisdiction over such Purchaser, (vii) the NAIC or the SVO or, in each case, any similar organization, or any nationally recognized rating agency that requires access to
information about such Purchaser’s investment portfolio, or (viii) any other Person to which such delivery or disclosure may be necessary or appropriate (w) to effect compliance with any law, rule, regulation or order applicable to
such Purchaser, (x) in response to any subpoena or other legal process, (y) in connection with any litigation to which such Purchaser is a party or (z) if an Event of Default has occurred and is continuing, to the extent such
Purchaser may reasonably determine such delivery and disclosure to be necessary or appropriate in the enforcement or for the protection of the rights and remedies under such Purchaser’s Notes, this Agreement or any Guaranty Agreement. Each
holder of a Note, by its acceptance of a Note, will be deemed to have agreed to be bound by and to be entitled to the benefits of this Section 20 as though it were a party to this Agreement. On reasonable request by the Company in connection
with the delivery to any holder of a Note of information required to be delivered to such holder under this Agreement or requested by such holder (other than a holder that is a party to this Agreement or its nominee), such holder will enter into an
agreement with the Company embodying this Section 20. 
 In the event that as a condition to receiving access to information relating
to the Company or its Subsidiaries in connection with the transactions contemplated by or otherwise pursuant to this Agreement, any Purchaser or holder of a Note is required to agree to a confidentiality undertaking (whether through IntraLinks,
another secure website, a secure virtual 

  
 -40- 

			
	Ameren Transmission Company of Illinois	  	Note Purchase Agreement

  

 
workspace or otherwise) which is different from this Section 20, this Section 20 shall not be amended thereby and, as between such Purchaser or such holder and the Company, this
Section 20 shall supersede any such other confidentiality undertaking. 
  

	SECTION 21.	SUBSTITUTION OF PURCHASER. 

Each Purchaser shall have the right to substitute any one of its Affiliates or another Purchaser or any one of such other Purchaser’s
Affiliates (a “Substitute Purchaser”) as the purchaser of the Notes that it has agreed to purchase hereunder, by written notice to the Company, which notice shall be signed by both such Purchaser and such Substitute Purchaser, shall
contain such Substitute Purchaser’s agreement to be bound by this Agreement and shall contain a confirmation by such Substitute Purchaser of the accuracy with respect to it of the representations set forth in Section 6. Upon receipt of
such notice, any reference to such Purchaser in this Agreement (other than in this Section 21), shall be deemed to refer to such Substitute Purchaser in lieu of such original Purchaser. In the event that such Substitute Purchaser is so
substituted as a Purchaser hereunder and such Substitute Purchaser thereafter transfers to such original Purchaser all of the Notes then held by such Substitute Purchaser, upon receipt by the Company of notice of such transfer, any reference to such
Substitute Purchaser as a “Purchaser” in this Agreement (other than in this Section 21), shall no longer be deemed to refer to such Substitute Purchaser, but shall refer to such original Purchaser, and such original Purchaser shall
again have all the rights of an original holder of the Notes under this Agreement. 
  

	SECTION 22.	MISCELLANEOUS. 

Section 22.1.    Successors and Assigns. All covenants and other agreements
contained in this Agreement by or on behalf of any of the parties hereto bind and inure to the benefit of their respective successors and assigns (including any subsequent holder of a Note) whether so expressed or not, except that, subject to
Section 10.2, the Company may not assign or otherwise transfer any of its rights or obligations hereunder or under the Notes without the prior written consent of each holder. Nothing in this Agreement, expressed or implied, shall be construed
to confer upon any Person (other than the parties hereto and their respective successors and assigns permitted hereby) any legal or equitable right, remedy or claim under or by reason of this Agreement. 

Section 22.2.    Accounting Terms. All accounting terms used herein which are not
expressly defined in this Agreement have the meanings respectively given to them in accordance with GAAP. Except as otherwise specifically provided herein, (i) all computations made pursuant to this Agreement shall be made in accordance with
GAAP, and (ii) all financial statements shall be prepared in accordance with GAAP. For purposes of determining compliance with this Agreement (including Section 9, Section 10 and the definition of “Indebtedness”), any
election by the Company to measure any financial liability using fair value (as permitted by Financial Accounting Standards Board Accounting Standards Codification Topic
No. 825-10-25 – Fair Value Option, International Accounting Standard 39 – Financial Instruments: Recognition and Measurement or any similar
accounting standard) shall be disregarded and such determination shall be made as if such election had not been made. 

  
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	Ameren Transmission Company of Illinois	  	Note Purchase Agreement

  

 Section 22.3.    Severability.
Any provision of this Agreement that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and
any such prohibition or unenforceability in any jurisdiction shall (to the full extent permitted by law) not invalidate or render unenforceable such provision in any other jurisdiction. 

Section 22.4.    Construction, Etc. Each covenant contained herein shall be
construed (absent express provision to the contrary) as being independent of each other covenant contained herein, so that compliance with any one covenant shall not (absent such an express contrary provision) be deemed to excuse compliance with any
other covenant. Where any provision herein refers to action to be taken by any Person, or which such Person is prohibited from taking, such provision shall be applicable whether such action is taken directly or indirectly by such Person. 

Defined terms herein shall apply equally to the singular and plural forms of the terms defined. Whenever the context may require, any pronoun
shall include the corresponding masculine, feminine and neuter forms. The words “include,” “includes” and “including” shall be deemed to be followed by the phrase “without limitation.” The word
“will” shall be construed to have the same meaning and effect as the word “shall.” Unless the context requires otherwise (a) any definition of or reference to any agreement, instrument or other document herein shall be
construed as referring to such agreement, instrument or other document as from time to time amended, supplemented or otherwise modified (subject to any restrictions on such amendments, supplements or modifications set forth herein) and, for purposes
of the Notes, shall also include any such notes issued in substitution therefor pursuant to Section 13, (b) subject to Section 22.1, any reference herein to any Person shall be construed to include such Person’s successors and
assigns, (c) the words “herein,” “hereof” and “hereunder,” and words of similar import, shall be construed to refer to this Agreement in its entirety and not to any particular provision hereof, (d) all
references herein to Sections and Schedules shall be construed to refer to Sections of, and Schedules to, this Agreement, and (e) any reference to any law or regulation herein shall, unless otherwise specified, refer to such law or regulation
as amended, modified or supplemented from time to time. 

Section 22.5.    Counterparts. This Agreement may be executed in any number of
counterparts, each of which shall be an original but all of which together shall constitute one instrument. Each counterpart may consist of a number of copies hereof, each signed by less than all, but together signed by all, of the parties hereto.

 Section 22.6.    Governing Law. This Agreement shall be construed and
enforced in accordance with, and the rights of the parties shall be governed by, the law of the State of New York excluding choice-of-law principles of the law of such
State that would permit the application of the laws of a jurisdiction other than such State. 

Section 22.7.    Jurisdiction and Process; Waiver of Jury Trial. (a) The
Company irrevocably submits to the non-exclusive jurisdiction of any New York State or federal court sitting in the Borough of Manhattan, The City of New York, over any suit, action or proceeding arising out
of or relating to this Agreement or the Notes. To the fullest extent permitted by 

  
 -42- 

			
	Ameren Transmission Company of Illinois	  	Note Purchase Agreement

  

 
applicable law, the Company irrevocably waives and agrees not to assert, by way of motion, as a defense or otherwise, any claim that it is not subject to the jurisdiction of any such court, any
objection that it may now or hereafter have to the laying of the venue of any such suit, action or proceeding brought in any such court and any claim that any such suit, action or proceeding brought in any such court has been brought in an
inconvenient forum. 
 (b)    The Company agrees, to the fullest extent permitted by applicable law, that a final
judgment in any suit, action or proceeding of the nature referred to in Section 22.7(a) brought in any such court shall be conclusive and binding upon it subject to rights of appeal, as the case may be, and may be enforced in the courts of the
United States of America or the State of New York (or any other courts to the jurisdiction of which it or any of its assets is or may be subject) by a suit upon such judgment. 

(c)    The Company consents to process being served by or on behalf of any holder of Notes in any suit, action or
proceeding of the nature referred to in Section 22.7(a) by mailing a copy thereof by registered, certified priority or express mail (or any substantially similar form of mail), postage prepaid, return receipt or delivery confirmation requested,
to it at its address specified in Section 18 or at such other address of which such holder shall then have been notified pursuant to said Section. The Company agrees that such service upon receipt (i) shall be deemed in every respect
effective service of process upon it in any such suit, action or proceeding and (ii) shall, to the fullest extent permitted by applicable law, be taken and held to be valid personal service upon and personal delivery to it. Notices hereunder
shall be conclusively presumed received as evidenced by a delivery receipt furnished by the United States Postal Service or any reputable commercial delivery service. 

(d)    Nothing in this Section 22.7 shall affect the right of any holder of a Note to serve process in any manner
permitted by law, or limit any right that the holders of any of the Notes may have to bring proceedings against the Company in the courts of any appropriate jurisdiction or to enforce in any lawful manner a judgment obtained in one jurisdiction in
any other jurisdiction. 
 (e)    THE PARTIES HERETO HEREBY
WAIVE TRIAL BY JURY IN ANY ACTION BROUGHT ON OR WITH RESPECT
TO THIS AGREEMENT, THE NOTES OR ANY OTHER DOCUMENT EXECUTED IN
CONNECTION HEREWITH OR THEREWITH. 

  
 -43- 

			
	Ameren Transmission Company of Illinois	  	Note Purchase Agreement

  

 If you are in agreement with the foregoing, please sign the form of agreement on a
counterpart of this Agreement and return it to the Company, whereupon this Agreement shall become a binding agreement between you and the Company. 
  

					
	Very truly yours,
	
	AMEREN TRANSMISSION COMPANY OF ILLINOIS
		
	By	 	           /s/ Ryan J. Martin

		 	Name:	 	Ryan J. Martin
		 	Title:	 	Vice President and Treasurer

			
	Ameren Transmission Company of Illinois	  	Note Purchase Agreement

  

 This Agreement is hereby 

accepted and agreed to as 
 of the date hereof. 

 

			
	THRIVENT FINANCIAL FOR LUTHERANS
		
	By:	 	 /s/ William J. Hochmuth

	Name:	 	William J. Hochmuth
	Title:	 	Managing Director

			
	Ameren Transmission Company of Illinois	  	Note Purchase Agreement

  

 This Agreement is hereby 

accepted and agreed to as 
 of the date hereof. 

 

			
	NEW YORK LIFE INSURANCE COMPANY
		
	By:	 	 /s/ Jessica L. Maizel

	Name:	 	Jessica L. Maizel
	Title:	 	Corporate Vice President
	
	NEW YORK LIFE INSURANCE AND ANNUITY COMPANY
		
	By:	 	NYL Investors LLC, its Investment Manager
		
	By	 	 /s/ Jessica L. Maizel

	Name:	 	Jessica L. Maizel
	Title:	 	Senior Director
	
	 NEW YORK LIFE INSURANCE AND ANNUITY CORPORATION INSTITUTIONALLY OWNED LIFE INSURANCE
SEPARATE ACCOUNT (BOLI 3-2)

		
	By:	 	NYL Investors LLC, its Investment Manager
		
	By	 	 /s/ Jessica L. Maizel

	Name:	 	Jessica L. Maizel
	Title:	 	Senior Director

			
	Ameren Transmission Company of Illinois	  	Note Purchase Agreement

  

 This Agreement is hereby 

accepted and agreed to as 
 of the date hereof. 

 

			
	 THE NORTHWESTERN MUTUAL LIFE INSURANCE COMPANY

		
	By:	 	Northwestern Mutual Investment
		 	Management Company, LLC,
		 	its Investment Manager
		
	By	 	 /s/ Bradley T. Kunath

	Name:	 	Bradley T. Kunath
	Its:	 	Managing Director
	
	 THE NORTHWESTERN MUTUAL LIFE INSURANCE COMPANY FOR ITS GROUP ANNUITY SEPARATE
ACCOUNT

		
	By	 	 /s/ Bradley T. Kunath

	Name:	 	Bradley T. Kunath
		 	Its Authorized Representative

			
	Ameren Transmission Company of Illinois	  	Note Purchase Agreement

  

 This Agreement is hereby 

accepted and agreed to as 
 of the date hereof. 

 

			
	STATE FARM LIFE INSURANCE COMPANY
		
	By:	 	 /s/ Jeffrey Attwood

	Name:	 	Jeffrey Attwood
	Title:	 	Investment Professional
		
	By:	 	 /s/ Rebekah L. Holt

	Name:	 	Rebekah L. Holt
	Title:	 	Investment Professional
	
	 STATE FARM LIFE AND ACCIDENT ASSURANCE COMPANY

		
	By:	 	 /s/ Jeffrey Attwood

	Name:	 	Jeffrey Attwood
	Title:	 	Investment Professional
		
	By:	 	 /s/ Rebekah L. Holt

	Name:	 	Rebekah L. Holt
	Title:	 	Investment Professional
	
	 STATE FARM INSURANCE COMPANIES EMPLOYEE RETIREMENT TRUST

		
	By:	 	 /s/ Jeffrey Attwood

	Name:	 	Jeffrey Attwood
	Title:	 	Investment Professional
		
	By:	 	 /s/ Rebekah L. Holt

	Name:	 	Rebekah L. Holt
	Title:	 	Investment Professional

			
	Ameren Transmission Company of Illinois	  	Note Purchase Agreement

  

 This Agreement is hereby 

accepted and agreed to as 
 of the date hereof. 

 

			
	JACKSON NATIONAL LIFE INSURANCE COMPANY
		
	By:	 	PPM America, Inc., as attorney in fact, on behalf of Jackson National Life Insurance Company
		
	By:	 	 /s/ Brian B. Manczak

	Name:	 	Brian B. Manczak
	Title:	 	Managing Director

			
	Ameren Transmission Company of Illinois	  	Note Purchase Agreement

  

 This Agreement is hereby 

accepted and agreed to as 
 of the date hereof. 

 

			
	 AMERICAN GENERAL LIFE INSURANCE COMPANY

	 THE VARIABLE ANNUITY LIFE INSURANCE COMPANY

		
	By:	 	AIG Asset Management (U.S.), LLC, as Investment Advisor
		
	By:	 	 /s/ John H. Pollock

	Name:	 	John H. Pollock
	Title:	 	Managing Director

			
	Ameren Transmission Company of Illinois	  	Note Purchase Agreement

  

 This Agreement is hereby 

accepted and agreed to as 
 of the date hereof. 

 

			
	PRINICPAL LIFE INSURANCE COMPANY
		
	By:	 	 Principal Global Investors, LLC
 a Delaware
limited liability company,
 its authorized signatory

		
	By:	 	 /s/ Alan P. Cress

	Name:	 	Alan P. Cress
	Title:	 	Counsel
		
	By:	 	 /s/ Alex P. Montz

	Name:	 	Alex P. Montz
	Title:	 	Counsel

			
	Ameren Transmission Company of Illinois	  	Note Purchase Agreement

  

 This Agreement is hereby 

accepted and agreed to as 
 of the date hereof. 

 

			
	 THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA

		
	By:	 	 /s/ Trinh Nguyen

	Name:	 	Trinh Nguyen
	Its:	 	Senior Director

			
	Ameren Transmission Company of Illinois	  	Note Purchase Agreement

  

 This Agreement is hereby 

accepted and agreed to as 
 of the date hereof. 

 

			
	CMFG LIFE INSURANCE COMPANY
		
	By:	 	MEMBERS Capital Advisors, Inc., acting as Investment Advisor
		
	By:	 	 /s/ Jason Micks

	Name:	 	Jason Micks
	Title:	 	Director II, Investments

			
	Ameren Transmission Company of Illinois	  	Note Purchase Agreement

  

 This Agreement is hereby 

accepted and agreed to as 
 of the date hereof. 

 

			
	COUNTRY LIFE INSURANCE COMPANY
		
	By:	 	 /s/ John A. Jacobs

	Name:	 	John A. Jacobs
	Its:	 	Director – Fixed Income

			
	Ameren Transmission Company of Illinois	  	Note Purchase Agreement

  

 This Agreement is hereby 

accepted and agreed to as 
 of the date hereof. 

 

			
	SOUTHERN FARM BUREAU LIFE
	       INSURANCE COMPANY
		
	By:	 	 /s/ David Divine

	Name:	 	David Divine
	Its:	 	Senior Portfolio Manager

			
	Ameren Transmission Company of Illinois	  	Note Purchase Agreement

  

 This Agreement is hereby 

accepted and agreed to as 
 of the date hereof. 

 

			
	UNITED OF OMAHA LIFE INSURANCE
	       COMPANY
		
	By:	 	 /s/ Lee R. Martin

	Name:	 	Lee R. Martin
	Its:	 	Vice President

 DEFINED TERMS 

As used herein, the following terms have the respective meanings set forth below or set forth in the Section hereof following such term: 

“Affiliate” means, at any time, and with respect to any Person, any other Person that at such time directly or
indirectly through one or more intermediaries Controls, or is Controlled by, or is under common Control with, such first Person. Unless the context otherwise clearly requires, any reference to an “Affiliate” is a reference to an Affiliate
of the Company. 
 “Agreement” means this Note Purchase Agreement, including all Schedules attached to this Agreement. 

“Ameren” means Ameren Corporation, a Missouri corporation, the direct or indirect owner of 100% of the capital stock of the
Company. 
 “Anti-Corruption Laws” means any law or regulation in a U.S. or any
non-U.S. jurisdiction regarding bribery or any other corrupt activity, including the U.S. Foreign Corrupt Practices Act and the U.K. Bribery Act 2010. 

“Anti-Money Laundering Laws” means any law or regulation in a U.S. or any non-U.S.
jurisdiction regarding money laundering, drug trafficking, terrorist-related activities or other money laundering predicate crimes, including the Currency and Foreign Transactions Reporting Act of 1970 (otherwise known as the Bank Secrecy Act) and
the USA PATRIOT Act. 
 “Blocked Person” means (a) a Person whose name appears on the list of Specially Designated
Nationals and Blocked Persons published by OFAC, (b) a Person, entity, organization, country or regime that is blocked or a target of sanctions that have been imposed under U.S. Economic Sanctions Laws or (c) a Person that is an agent,
department or instrumentality of, or is otherwise beneficially owned by, controlled by or acting on behalf of, directly or indirectly, any Person, entity, organization, country or regime described in clause (a) or (b). 

“Business Day” means (a) for the purposes of Section 8.6 only, any day other than a Saturday, a Sunday or a day on
which commercial banks in New York City are required or authorized to be closed, and (b) for the purposes of any other provision of this Agreement, any day other than a Saturday, a Sunday or a day on which commercial banks in New York, New York
or Chicago, Illinois are required or authorized to be closed. 
 “Capital Lease” means, at any time, a lease with respect
to which the lessee is required concurrently to recognize the acquisition of an asset and the incurrence of a liability in accordance with GAAP as in effect on the date of the First Closing, notwithstanding any modifications or interpretive changes
in GAAP that may become effective thereafter. 
 “Change of Control” is defined in Section 8.7. 

  
 SCHEDULE A

 (to Note Purchase Agreement) 

 “Closing” is defined in Section 3. 

“Code” means the Internal Revenue Code of 1986 and the rules and regulations promulgated thereunder from time to time.

 “Company” is defined in the first paragraph of this Agreement. 

“Confidential Information” is defined in Section 20. 

“Consolidated Debt” means, as at any date, all Indebtedness of the Company and its Subsidiaries outstanding on such date,
determined on a consolidated basis in accordance with GAAP. 
 “Consolidated Net Worth” means, as at any date, consolidated
shareholders’ equity (including preferred stock) of the Company and its Subsidiaries on such date, determined on a consolidated basis in accordance with GAAP provided that the computation of Consolidated Net Worth shall exclude Accumulated
Other Comprehensive Income/Loss and market value of derivatives (FAS 133). 
 “Consolidated Total Assets” means, as of any
date of determination, the total amount of all assets of the Company and its Subsidiaries, determined on a consolidated basis in accordance with GAAP excluding market value of derivatives (FAS 133). 

“Consolidated Total Capitalization” means, as of any date of determination, the sum of Consolidated Net Worth and
Indebtedness. 
 “Control” means the possession, directly or indirectly, of the power to direct or cause the direction of
the management and policies of a Person, whether through the ownership of voting securities, by contract or otherwise; and the terms “Controlled” and “Controlling” shall have meanings correlative to the
foregoing.  
 “Controlled Entity” means (a) any of the Subsidiaries of the Company and any of their or the
Company’s respective Controlled Affiliates and (b) if the Company has a parent company, such parent company and its Controlled Affiliates. 

“Default” means an event or condition the occurrence or existence of which would, with the lapse of time or the giving of
notice or both, become an Event of Default. 
 “Default Rate” means that rate of interest per annum that is the greater of
(a) 2% above the rate of interest stated in clause (a) of the first paragraph of the Notes or (b) 2% over the rate of interest publicly announced by Bank of America, N.A. in New York, New York as its “base” or
“prime” rate. 
 “Disclosure Documents” is defined in Section 5.3. 

  
 A-2 

 “EDGAR” means the SEC’s Electronic Data Gathering, Analysis and Retrieval
System or any successor SEC electronic filing system for such purposes. 
 “Environmental Laws” means any and all federal,
state, local, and foreign statutes, laws, regulations, ordinances, rules, judgments, orders, decrees, permits, concessions, grants, franchises, licenses, agreements or governmental restrictions relating to pollution and the protection of the
environment or the release of any materials into the environment, including those related to Hazardous Materials. 

“ERISA” means the Employee Retirement Income Security Act of 1974 and the rules and regulations promulgated thereunder from
time to time in effect. 
 “ERISA Affiliate” means any trade or business (whether or not incorporated) that is treated as a
single employer together with the Company under section 414 of the Code. 
 “Event of Default” is defined in
Section 11. 
 “FATCA” means (a) sections 1471 through 1474 of the Code, as of the date of this Agreement (or any
amended or successor version that is substantively comparable and not materially more onerous to comply with), together with any current or future regulations or official interpretations thereof, (b) any treaty, law or regulation of any other
jurisdiction, or relating to an intergovernmental agreement between the United States of America and any other jurisdiction, which (in either case) facilitates the implementation of the foregoing clause (a), and (c) any agreements entered into
pursuant to section 1471(b)(1) of the Code.  
 “FERC Accounting Requirements” means the accounting requirements of
the Federal Energy Regulatory Commission as set forth in its applicable Uniform System of Accounts and applicable published accounting releases. 

“First Closing” is defined in Section 3. 

“Form 10-K” is defined in Section 7.1(b). 

“Form 10-Q” is defined in Section 7.1(a). 

“GAAP” means (a) for periods ending prior to December 31, 2017, FERC Accounting Requirements, (b) for periods
ending on or after December 31, 2017, generally accepted accounting principles as in effect from time to time in the United States of America, and (c) for purposes of Section 9.6, with respect to any Subsidiary, generally accepted
accounting principles (including International Financial Reporting Standards, as applicable) as in effect from time to time in the jurisdiction of organization of such Subsidiary. 

“Governmental Authority” means 

(a)    the government of 

  
 A-3 

 (i)    the United States of America or any state or other
political subdivision thereof, or 
 (ii)    any other jurisdiction in which the Company or any
Subsidiary conducts all or any part of its business, or which asserts jurisdiction over any properties of the Company or any Subsidiary, or 

(b)    any entity exercising executive, legislative, judicial, regulatory or administrative functions of,
or pertaining to, any such government. 
 “Governmental Official” means any governmental official or employee, employee of
any government-owned or government-controlled entity, political party, any official of a political party, candidate for political office, official of any public international organization or anyone else acting in an official capacity. 

“Guarantor” means each Person that has executed and delivered a Guaranty Agreement. 

“Guaranty” means, with respect to any Person, any obligation (except the endorsement in the ordinary course of business of
negotiable instruments for deposit or collection) of such Person guaranteeing or in effect guaranteeing any indebtedness, dividend or other obligation of any other Person in any manner, whether directly or indirectly, including obligations incurred
through an agreement, contingent or otherwise, by such Person: 
 (a)    to purchase such indebtedness or
obligation or any property constituting security therefor; 
 (b)    to advance or supply funds
(i) for the purchase or payment of such indebtedness or obligation, or (ii) to maintain any working capital or other balance sheet condition or any income statement condition of any other Person or otherwise to advance or make available
funds for the purchase or payment of such indebtedness or obligation; 
 (c)    to lease properties or to
purchase properties or services primarily for the purpose of assuring the owner of such indebtedness or obligation of the ability of any other Person to make payment of the indebtedness or obligation; or 

(d)    otherwise to assure the owner of such indebtedness or obligation against loss in respect thereof.

 In any computation of the indebtedness or other liabilities of the obligor under any Guaranty, the indebtedness or other obligations that are the subject
of such Guaranty shall be assumed to be direct obligations of such obligor. 
 “Guaranty Agreement” is defined in
Section 9.7(a). 
 “Hazardous Materials” means any and all pollutants, toxic or hazardous wastes or
other substances that might pose a hazard to health and safety, the removal of which may be required 

  
 A-4 

 
or the generation, manufacture, refining, production, processing, treatment, storage, handling, transportation, transfer, use, disposal, release, discharge, spillage, seepage or filtration of
which is or shall be restricted, prohibited or penalized by any applicable law, including asbestos, urea formaldehyde foam insulation, polychlorinated biphenyls, petroleum, petroleum products, lead based paint, radon gas or similar restricted,
prohibited or penalized substances. 
 “holder” means, with respect to any Note, the Person in whose name such Note is
registered in the register maintained by the Company pursuant to Section 13.1, provided, however, that if such Person is a nominee, then for the purposes of Sections 7, 12, 17.2 and 18 and any related definitions in this Schedule A,
“holder” shall mean the beneficial owner of such Note whose name and address appears in such register. 
 “INHAM
Exemption” is defined in Section 6.2(e). 
 “Indebtedness” with respect to any Person means, at any time,
without duplication, 
 (a)    its liabilities for borrowed money and its redemption obligations in
respect of mandatorily redeemable Preferred Stock; 
 (b)    its liabilities appearing on its balance
sheet in accordance with GAAP for the deferred purchase price of property acquired by such Person (excluding accounts payable arising in the ordinary course of business but including all liabilities created or arising under any conditional sale or
other title retention agreement with respect to any such property); 
 (c)    (i) all liabilities
appearing on its balance sheet in accordance with GAAP in respect of Capital Leases and (ii) all liabilities which would appear on its balance sheet in accordance with GAAP in respect of Synthetic Leases assuming such Synthetic Leases were
accounted for as Capital Leases; 
 (d)    all liabilities for borrowed money secured by any Lien with
respect to any property owned by such Person (whether or not it has assumed or otherwise become liable for such liabilities); 

(e)    all its liabilities in respect of letters of credit or instruments serving a similar function issued
or accepted for its account by banks and other financial institutions (whether or not representing obligations for borrowed money); 

(f)    the aggregate Swap Termination Value of all Swap Contracts of such Person; and 

(g)    any Guaranty of such Person with respect to liabilities of a type described in any of clauses
(a) through (f) hereof. 

  
 A-5 

 Indebtedness of any Person shall include all obligations of such Person of the character described in clauses
(a) through (g) to the extent such Person remains legally liable in respect thereof notwithstanding that any such obligation is deemed to be extinguished under GAAP. 

“Institutional Investor” means (a) any Purchaser of a Note, (b) any holder of a Note holding (together with one or
more of its affiliates) more than 5% of the aggregate principal amount of the Notes then outstanding, (c) any bank, trust company, savings and loan association or other financial institution, any pension plan, any investment company, any
insurance company, any broker or dealer, or any other similar financial institution or entity, regardless of legal form, and (d) any Related Fund of any holder of any Note. 

“Investment Grade Rating” shall mean a rating equal to or higher than
“BBB-” by Standard & Poor’s Rating Services or “Baa3” or higher by Moody’s Investors Service, Inc., or, in each case, an equivalent or better rating by any successor
thereto, or any other nationally recognized statistical rating organization retained by the Company. 
 “Lien” means, with
respect to any Person, any mortgage, lien, pledge, charge, security interest or other encumbrance, or any interest or title of any vendor, lessor, lender or other secured party to or of such Person under any conditional sale or other title retention
agreement or Capital Lease, upon or with respect to any property or asset of such Person (including in the case of stock, shareholders agreements, voting trust agreements and all similar arrangements). 

“Make-Whole Amount” is defined in Section 8.6. 

“Material” means material in relation to the business, operations, affairs, financial condition, assets or properties of the
Company and its Subsidiaries taken as a whole. 
 “Material Adverse Effect” means a material adverse effect on (a) the
business, operations, affairs, financial condition, assets or properties of the Company and its Subsidiaries taken as a whole, (b) the ability of the Company to perform its obligations under this Agreement and the Notes, (c) the ability of
any Guarantor to perform its obligations under its Guaranty Agreement, or (d) the validity or enforceability of this Agreement, the Notes or any Guaranty Agreement. 

“Material Credit Facility” means, as to the Company and its Subsidiaries, if any, any agreement(s) creating or evidencing
indebtedness for borrowed money entered into on or after the date of Closing by the Company or any Subsidiary, or in respect of which the Company or any Subsidiary is an obligor or otherwise provides a guarantee or other credit support
(“Credit Facility”), in a principal amount outstanding or available for borrowing equal to or greater than the Threshold Amount (or the equivalent of such amount in the relevant currency of payment, determined as of the date of the
closing of such facility based on the exchange rate of such other currency).  
 “Maturity Date” is defined in the
first paragraph of each Note. 
 “Memorandum” is defined in Section 5.3. 

  
 A-6 

 “Multiemployer Plan” means any Plan that is a “multiemployer plan” (as
such term is defined in section 4001(a)(3) of ERISA). 
 “NAIC” means the National Association of Insurance Commissioners.

 “NRSRO” means (i) each of Moody’s Investors Service, Inc., Standard & Poor’s Rating Services,
Fitch Ratings, Inc., DBRS, Kroll Bond Rating Agency, or any successor thereto (the “Primary NRSROs” ), if any of the Primary NRSROs are willing to issue a rating on the Notes and make such rating publicly available, but (ii) if none
of the Primary NRSROs are willing to issue a rating on the Notes and make such rating publicly available, “NRSRO” means any “nationally recognized statistical rating organization” so designated by the Securities and Exchange
Commission whose status has been confirmed by the Securities Valuation Office of the National Association of Insurance Commissioners or any successors thereto (other than Egan-Jones Ratings Company). 

“Non-U.S. Plan” means any plan, fund or other similar program that (a) is
established or maintained outside the United States of America by the Company or any Subsidiary primarily for the benefit of employees of the Company or one or more Subsidiaries residing outside the United States of America, which plan, fund or
other similar program provides, or results in, retirement income, a deferral of income in contemplation of retirement or payments to be made upon termination of employment, and (b) is not subject to ERISA or the Code. 

“Notes” is defined in Section 1. 

“OFAC” means the Office of Foreign Assets Control of the United States Department of the Treasury. 

“OFAC Sanctions Program” means any economic or trade sanction that OFAC is responsible for administering and enforcing. A
list of OFAC Sanctions Programs may be found at http://www.treasury.gov/resource-center/sanctions/Programs/Pages/Programs.aspx. 

“Officer’s Certificate” means a certificate of a Senior Financial Officer or of any other officer of the Company whose
responsibilities extend to the subject matter of such certificate. 
 “PBGC” means the Pension Benefit Guaranty Corporation
referred to and defined in ERISA. 
 “Person” means an individual, partnership, corporation, limited liability company,
association, trust, unincorporated organization, business entity or Governmental Authority. 
 “Plan” means an
“employee benefit plan” (as defined in section 3(3) of ERISA) subject to Title I of ERISA that is or, within the preceding five years, has been established or maintained, or to which contributions are or, within the preceding five years,
have been made or required to be made, by the Company or any ERISA Affiliate or with respect to which the Company or any ERISA Affiliate may have any liability. 

  
 A-7 

 “Preferred Stock” means any class of capital stock of a Person that is preferred
over any other class of capital stock (or similar equity interests) of such Person as to the payment of dividends or the payment of any amount upon liquidation or dissolution of such Person. 

“Priority Debt” means (without duplication), as of the date of any determination thereof, the sum of (i) all unsecured
Indebtedness of Subsidiaries (including all Guaranties of Indebtedness of the Company but excluding (x) unsecured Indebtedness owing to the Company or any other Subsidiary, (y) unsecured Indebtedness outstanding at the time such Person
became a Subsidiary, provided that such Indebtedness shall have not been incurred in contemplation of such person becoming a Subsidiary, and (z) all unsecured Indebtedness of any Subsidiary that is a Guarantor, and (ii) all
Indebtedness of the Company and its Subsidiaries secured by Liens other than Indebtedness secured by Liens permitted by subsections (a) through (n), inclusive, of Section 10.6. 

“property” or “properties” means, unless otherwise specifically limited, real or personal property of any
kind, tangible or intangible, choate or inchoate. 
 “PTE” is defined in Section 6.2(a). 

“Purchaser” or “Purchasers” means each of the purchasers that has executed and delivered this Agreement to
the Company and such Purchaser’s successors and assigns (so long as any such assignment complies with Section 13.2), provided, however, that any Purchaser of a Note that ceases to be the registered holder or a beneficial owner
(through a nominee) of such Note as the result of a transfer thereof pursuant to Section 13.2 shall cease to be included within the meaning of “Purchaser” of such Note for the purposes of this Agreement upon such transfer. 

“Purchaser Schedule” means the Purchaser Schedule to this Agreement listing the Purchasers of the Notes and including their
notice and payment information. 
 “Qualified Institutional Buyer” means any Person who is a “qualified institutional
buyer” within the meaning of such term as set forth in Rule 144A(a)(1) under the Securities Act. 
 “QPAM Exemption”
is defined in Section 6.2(d). 
 “Ratable Portion” means, with respect to any Note, an amount equal to the product of
(x) the amount equal to the net proceeds being so applied to the prepayment of Senior Debt in accordance with Section 10.3(2), multiplied by (y) a fraction the numerator of which is the outstanding principal amount of such Note and
the denominator of which is the aggregate principal amount of Senior Debt of the Company and its Subsidiaries being prepaid pursuant to Section 10.3(2). 

“Rating Agency” means each of Standard & Poor’s Rating Services and Moody’s Investors Service and, in each
case, any successors thereto, or any other nationally recognized statistical rating organization retained by the Company. 

“Ratings Period” is defined in Section 8.7. 

  
 A-8 

 “Related Fund” means, with respect to any holder of any Note, any fund or entity
that (a) invests in Securities or bank loans, and (b) is advised or managed by such holder, the same investment advisor as such holder or by an affiliate of such holder or such investment advisor. 

“Required Holders” means (i) at any time prior to the Second Closing, (x) the holders of at least a majority in
principal amount of the Notes at the time outstanding (exclusive of Notes then owned by the Company or any of its Affiliates), and (y) the Purchasers of at least a majority in principal amount of the Notes to be purchased at the Second Closing,
and (ii) at any time, on or after the Second Closing, the holders of at least a majority in principal amount of the Notes at the time outstanding (exclusive of Notes then owned by the Company or any of its Affiliates). 

“Responsible Officer” means any Senior Financial Officer and any other officer of the Company with responsibility for the
administration of the relevant portion of this Agreement. 
 “SEC” means the Securities and Exchange Commission of the
United States of America. 
 “Second Closing” is defined in Section 3. 

“Securities” or “Security” shall have the meaning specified in section 2(1) of the Securities Act. 

“Securities Act” means the Securities Act of 1933 and the rules and regulations promulgated thereunder from time to time in
effect. 
 “Senior Debt” means, as of the date of any determination thereof, the total amount of all Indebtedness of the
Company and its Subsidiaries determined on a consolidated basis in accordance with GAAP, other than Subordinated Debt. 
 “Senior
Financial Officer” means the chief financial officer, principal accounting officer, treasurer, controller, or comptroller of the Company. 

“Significant Subsidiary” means at any time any Subsidiary that would at such time constitute a “significant
subsidiary” (as such term is defined in Regulation S-X of the SEC as in effect on the date of the First Closing) of the Company. 

“Source” is defined in Section 6.2. 

“State Sanctions List” means a list that is adopted by any state Governmental Authority within the United States of America
pertaining to Persons that engage in investment or other commercial activities in Iran or any other country that is a target of economic sanctions imposed under U.S. Economic Sanctions Laws. 

“Subordinated Debt” means all unsecured Indebtedness of the Company which shall contain or have applicable thereto
subordination provisions providing for the subordination thereof to other unsecured Indebtedness of the Company. 

  
 A-9 

 “Subsidiary” means, as to any Person, any other Person in which such first
Person or one or more of its Subsidiaries or such first Person and one or more of its Subsidiaries owns sufficient equity or voting interests to enable it or them (as a group) ordinarily, in the absence of contingencies, to elect a majority of the
directors (or Persons performing similar functions) of such second Person, and any partnership or joint venture if more than a 50% interest in the profits or capital thereof is owned by such first Person or one or more of its Subsidiaries or such
first Person and one or more of its Subsidiaries (unless such partnership or joint venture can and does ordinarily take major business actions without the prior approval of such Person or one or more of its Subsidiaries). Unless the context
otherwise clearly requires, any reference to a “Subsidiary” is a reference to a Subsidiary of the Company. 
 “Substantial
Part” is defined in Section 10.3. 
 “Substitute Purchaser” is defined in Section 21. 

“SVO” means the Securities Valuation Office of the NAIC. 

“Swap Contract” means (a) any and all interest rate swap transactions, basis swap transactions, basis swaps, credit
derivative transactions, forward rate transactions, commodity swaps, commodity options, forward commodity contracts, equity or equity index swaps or options, bond or bond price or bond index swaps or options or forward foreign exchange transactions,
cap transactions, floor transactions, currency options, spot contracts or any other similar transactions or any of the foregoing (including any options to enter into any of the foregoing), and (b) any and all transactions of any kind, and the
related confirmations, which are subject to the terms and conditions of, or governed by, any form of master agreement published by the International Swaps and Derivatives Association, Inc. or any International Foreign Exchange Master Agreement. 

“Swap Termination Value” means, in respect of any one or more Swap Contracts, after taking into account the effect of any
legally enforceable netting agreement relating to such Swap Contracts, (a) for any date on or after the date such Swap Contracts have been closed out and termination value(s) determined in accordance therewith, such termination value(s), and
(b) for any date prior to the date referenced in clause (a), the amounts(s) determined as the mark-to-market values(s) for such Swap Contracts, as determined based
upon one or more mid-market or other readily available quotations provided by any recognized dealer in such Swap Contracts. 

“Synthetic Lease” means, at any time, any lease (including leases that may be terminated by the lessee at any time) of any
property (a) that is accounted for as an operating lease under GAAP and (b) in respect of which the lessee retains or obtains ownership of the property so leased for U.S. federal income tax purposes, other than any such lease under which
such Person is the lessor. 
 “Threshold Amount” means the lesser of 2% of Consolidated Total Assets or $50,000,000 (or its
equivalent in the relevant currency of payment). 
 “United States Person” has the meaning set forth in
Section 7701(a)(30) of the Code. 

  
 A-10 

 “USA PATRIOT Act” means United States Public Law
107-56, Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism (USA PATRIOT ACT) Act of 2001 and the rules and regulations promulgated thereunder from
time to time in effect. 
 “U.S. Economic Sanctions Laws” means those laws, executive orders, enabling legislation or
regulations administered and enforced by the United States pursuant to which economic sanctions have been imposed on any Person, entity, organization, country or regime, including the Trading with the Enemy Act, the International Emergency Economic
Powers Act, the Iran Sanctions Act, the Sudan Accountability and Divestment Act and any other OFAC Sanctions Program. 

“Wholly-Owned Subsidiary” means, at any time, any Subsidiary all of the equity interests (except directors’ qualifying
shares) and voting interests of which are owned by any one or more of the Company and the Company’s other Wholly-Owned Subsidiaries at such time. 

  
 A-11 

 [FORM OF NOTE] 

Illinois Commerce Commission ID Nos.: Ill. C.C. No. 6717 

AMEREN TRANSMISSION COMPANY OF ILLINOIS 

3.43% SENIOR NOTE DUE AUGUST 31, 2050 

 

			
	No. [    ]	  	[Date]
	$[            ]	  	PPN 02361@ AA5

 FOR VALUE RECEIVED, the undersigned, Ameren Transmission
Company of Illinois (herein called the “Company”), a corporation organized and existing under the laws of the State of Illinois, hereby promises to pay to
[                    ], or registered assigns, the principal sum of
[                    ] DOLLARS (or so much thereof as shall not have been prepaid) on August 31, 2050 (the “Maturity
Date”), with interest (computed on the basis of a 360-day year of twelve 30-day months) (a) on the unpaid balance hereof at the rate of 3.43% per annum
from the date hereof, payable semiannually, on the last day of February and August in each year, initially commencing with February 28, 2018, and thereafter on the last day of February or August next succeeding the date hereof, and on the
Maturity Date, until the principal hereof shall have become due and payable, and (b) to the extent permitted by law, (x) on any overdue payment of interest and (y) during the continuance of an Event of Default, on such unpaid balance
and on any overdue payment of any Make-Whole Amount, at a rate per annum from time to time equal to the greater of (i) 5.43% or (ii) 2.0% over the rate of interest publicly announced by Bank of America, N.A., from time to time in New York,
New York as its “base” or “prime” rate, payable semiannually as aforesaid (or, at the option of the registered holder hereof, on demand). 

Payments of principal of, interest on and any Make-Whole Amount with respect to this Note are to be made in lawful money of the United States
of America in New York, New York or at such other place as the Company shall have designated by written notice to the holder of this Note as provided in the Note Purchase Agreement referred to below. 

This Note is one of a series of Senior Notes (herein called the “Notes”) issued pursuant to the Note Purchase Agreement,
dated June 22, 2017 (as from time to time amended, the “Note Purchase Agreement”), between the Company and the respective Purchasers named therein and is entitled to the benefits thereof. Each holder of this Note will be
deemed, by its acceptance hereof, to have (i) agreed to the confidentiality provisions set forth in Section 20 of the Note Purchase Agreement and (ii) made the representation set forth in Section 6.2 of the Note Purchase
Agreement. Unless otherwise indicated, capitalized terms used in this Note shall have the respective meanings ascribed to such terms in the Note Purchase Agreement. 

This Note is a registered Note and, as provided in the Note Purchase Agreement, upon surrender of this Note for registration of transfer
accompanied by a written instrument of transfer 

  
 SCHEDULE 1

 (to Note Purchase Agreement) 

 
duly executed, by the registered holder hereof or such holder’s attorney duly authorized in writing, a new Note for a like principal amount will be issued to, and registered in the name of,
the transferee. Prior to due presentment for registration of transfer, the Company may treat the Person in whose name this Note is registered as the owner hereof for the purpose of receiving payment and for all other purposes, and the Company will
not be affected by any notice to the contrary. 
 The Company will make required prepayments of principal on the dates and in the amounts
specified in Schedule 8.1 to the Note Purchase Agreement, subject to modifications to such Schedule 8.1 following partial prepayments and purchases of the Notes permitted by the terms of the Note Purchase Agreement. This Note is also subject to
optional prepayment, in whole or from time to time in part, at the times and on the terms specified in the Note Purchase Agreement, but not otherwise. 

If an Event of Default occurs and is continuing, the principal of this Note may be declared or otherwise become due and payable in the manner,
at the price (including any applicable Make-Whole Amount) and with the effect provided in the Note Purchase Agreement. 
 This Note shall be
construed and enforced in accordance with, and the rights of the Company and the holder of this Note shall be governed by, the law of the State of New York excluding
choice-of-law principles of the law of such State that would permit the application of the laws of a jurisdiction other than such State. 

 

			
	AMEREN TRANSMISSION COMPANY OF ILLINOIS
		
	By	 	  

		 	Name:
		 	Title:

  
 1-2 

 SCHEDULE 8.1 

PRINCIPAL AMORTIZATION SCHEDULE 

 

					
	 Payment Date
	  	Principal Payment	 
	 August 31, 2022
	  	$	49,500,000	 
	 August 31, 2024
	  	$	49,500,000	 
	 August 31, 2027
	  	$	49,500,000	 
	 August 31, 2030
	  	$	49,500,000	 
	 August 31, 2032
	  	$	49,500,000	 
	 August 31, 2038
	  	$	49,500,000	 
	 August 31, 2043
	  	$	76,500,000	 
	 August 31, 2050
	  	$	76,500,000	 

 The principal payments above shall be proportionately adjusted if $450,000,000 aggregate principal amount of the Notes are not
issued and sold pursuant to this Agreement. 

  
 SCHEDULE
8.1 
 (to Note Purchase Agreement) 

 INFORMATION RELATING TO PURCHASERS

  

							
	 NAME OF AND ADDRESS

OF PURCHASER
	  	DATE OF
ISSUANCE	  	PRINCIPAL AMOUNT
OF NOTES TO BE
PURCHASED	 
	 THRIVENT FINANCIAL FOR
LUTHERANS
	  	6/22/17
 8/31/17
	  	$
 $
	29,000,000
 56,000,000
	 
  

	 NEW YORK LIFE INSURANCE
AND ANNUITY CORPORATION
	  	6/22/17
 8/31/17
	  	$
 $
	15,900,000
 31,900,000
	 
  

	 NEW YORK LIFE INSURANCE
COMPANY
	  	6/22/17
 8/31/17
	  	$
 $
	8,900,000
 17,700,000
	 
  

	 NEW YORK LIFE INSURANCE
AND ANNUITY CORPORATION INSTITUTIONALLY

OWNED LIFE INSURANCE SEPARATE ACCOUNT (BOLI
3-2)
	  	6/22/17
 8/31/17
	  	$
 $
	200,000
 400,000
	 
  

	 THE NORTHWESTERN MUTUAL LIFE
INSURANCE COMPANY
	  	6/22/17	  	$	22,230,000	 
	 THE NORTHWESTERN MUTUAL LIFE
INSURANCE COMPANY FOR ITS GROUP

ANNUITY SEPARATE ACCOUNT
	  	6/22/17	  	$	770,000	 
	 THE NORTHWESTERN MUTUAL LIFE
INSURANCE COMPANY
	  	8/31/17	  	$	47,000,000	 
	 STATE FARM LIFE INSURANCE
COMPANY
	  	6/22/17	  	$	13,000,000	 
	 STATE FARM INSURANCE COMPANIES
EMPLOYEE RETIREMENT TRUST
	  	6/22/17	  	$	6,000,000	 
	 STATE FARM LIFE AND
ACCIDENT ASSURANCE COMPANY
	  	6/22/17	  	$	1,000,000	 
	 STATE FARM LIFE INSURANCE
COMPANY
	  	8/31/17	  	$	38,000,000	 
	 STATE FARM LIFE AND
ACCIDENT ASSURANCE COMPANY
	  	8/31/17	  	$	2,000,000	 
	 JACKSON NATIONAL LIFE INSURANCE
COMPANY
	  	6/22/17
 8/31/17
	  	$
 $
	10,000,000
 20,000,000
	 
  

	 JACKSON NATIONAL LIFE INSURANCE
COMPANY
	  	6/22/17
 8/31/17
	  	$
 $
	10,000,000
 20,000,000
	 
  

	 AMERICAN GENERAL LIFE INSURANCE
COMPANY
	  	6/22/17	  	$	16,000,000	 
	 AMERICAN GENERAL LIFE INSURANCE
COMPANY 
	  	8/31/17	  	$	16,000,000	 
	 THE VARIABLE ANNUITY LIFE
INSURANCE COMPANY
	  	8/31/17	  	$	16,000,000	 
	 PRINCIPAL LIFE INSURANCE
COMPANY
	  	6/22/17
 6/22/17

6/22/17
 6/22/17

8/31/17
 8/31/17

8/31/17
 8/31/17
	  	$
 $
 $

$
 $

$
 $

$
	2,800,000
 2,800,000

700,000
 700,000

6,000,000
 6,000,000

1,500,000
 1,500,000
	 
  
  

 
  

 
  

 

	 THE GUARDIAN LIFE INSURANCE
COMPANY OF AMERICA (PRIF-W)
	  	6/22/17
 8/31/17
	  	$
 $
	3,000,000
 7,000,000
	 
  

	 CMFG LIFE INSURANCE COMPANY
	  	6/22/17	  	$	2,000,000	 
	 CMFG LIFE INSURANCE COMPANY
	  	8/31/17	  	$	5,000,000	 
	 COUNTRY LIFE INSURANCE
COMPANY
	  	6/22/17
 8/31/17
	  	$
 $
	2,000,000
 4,000,000
	 
  

	 SOUTHERN FARM BUREAU LIFE
INSURANCE COMPANY
	  	6/22/17
 8/31/17
	  	$
 $
	2,000,000
 2,000,000
	 
  

	 UNITED OF OMAHA LIFE
INSURANCE COMPANY
	  	6/22/17
 8/31/17
	  	$
 $
	1,000,000
 2,000,000
	 
  

  
 PURCHASER
SCHEDULE 
 (to Note Purchase Agreement)

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