Document:

Exhibit
4.2

 

 

ORIGIN
BANCORP, INC.

 

Issuer

And

 

U.S.
BANK NATIONAL ASSOCIATION

 

Trustee

 

FIRST
SUPPLEMENTAL INDENTURE

 

Dated
as of October 16, 2020

 

to

 

the
Subordinated Indenture

 

Dated
as of October 16, 2020

 

4.50%
Fixed-to-Floating Rate

Subordinated
Notes due 2030

    	 

    	 

    

TABLE
OF CONTENTS

	 	 
	Article I SCOPE OF SUPPLEMENTAL INDENTURE	1
	Section 1.01	Scope	1
	Article II DEFINITIONS	1
	Section 2.01	Definitions and Other Provisions of General Application	1
	Article III FORM AND TERMS OF THE NOTES	7
	Section 3.01	Form and Dating	7
	Section 3.02	Terms	7
	Article IV SUBORDINATION OF SECURITIES	12
	Section 4.01	Agreement of Subordination	12
	Section 4.02	Subordination Provisions	13
	Section 4.03	Trustee’s Relation to Senior Indebtedness	16
	Section 4.04	Senior Indebtedness Entitled to Rely	16
	Section 4.05	No Impairment of Subordination	16
	Article V MISCELLANEOUS	16
	Section 5.01	Trust Indenture Act	16
	Section 5.02	Governing Law	16
	Section 5.03	Ratification	16
	Section 5.04	Effectiveness; Duplicate Originals; Severability	17
	Section 5.05	USA PATRIOT Act	17

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first
supplemental indenture

FIRST
SUPPLEMENTAL INDENTURE (this “Supplemental Indenture”), dated as of October 16, 2020, between ORIGIN BANCORP,
INC., a Louisiana corporation (the “Company”), and U.S. BANK NATIONAL ASSOCIATION, a national banking
association organized and existing under the laws of the United States of America, as trustee (“Trustee”).

RECITALS
OF THE COMPANY

WHEREAS,
the Company and the Trustee will have executed and delivered a Subordinated Indenture dated as of the date hereof (the “Base
Indenture” and, as the same may from time to time be amended, supplemented or otherwise modified in accordance therewith,
including by this Supplemental Indenture, the “Indenture”), to provide for the issuance from time to time by
the Company of its subordinated indebtedness to be issued in one or more series as provided in the Indenture;

WHEREAS,
the Company desires to issue and sell on the date hereof Eighty Million Dollars ($80,000,000) aggregate principal amount of a
new series of Securities of the Company designated as its 4.50% Fixed-to-Floating Rate Subordinated Notes due 2030 (the “Notes”),
and such issuance and sale have been authorized by resolutions duly adopted by the Board of Directors of the Company;

WHEREAS,
the Company desires to establish the terms of the Notes under this Supplemental Indenture;

WHEREAS,
the Company acknowledges that all things necessary to make this Supplemental Indenture a legal, binding and enforceable instrument,
and to make the Notes, when executed by the Company and authenticated and delivered by the Trustee, the legal, binding and enforceable
obligations of the Company in accordance with their terms and the terms of the Base Indenture, have been done; and

WHEREAS,
the Company has requested that the Trustee execute and deliver this Supplemental Indenture.

NOW,
THEREFORE, for and in consideration of the premises and the purchase of the Notes by the holders thereof (the “Holders”
and each a “Holder”), it is mutually agreed, for the equal and proportionate benefit of all Holders of the
Notes, as follows:

Article
I

SCOPE OF SUPPLEMENTAL INDENTURE

Section
1.01              
Scope. This Supplemental Indenture constitutes an indenture supplemental to the Base Indenture and an integral part
of the Indenture and shall be read together with the Base Indenture as though all the provisions hereof and thereof are contained
in one instrument. All provisions included in this Supplemental Indenture supersede any conflicting provisions included in the
Base Indenture unless not permitted by law. Except as expressly amended by this Supplemental Indenture, the terms and provisions
of the Base Indenture shall remain in full force and effect. Notwithstanding the foregoing, this Supplemental Indenture
shall only apply to the Notes.

Article
II

DEFINITIONS

Section
2.01              
Definitions and Other Provisions of General Application. For all purposes of this Supplemental Indenture, except
as otherwise expressly provided or unless the context otherwise requires:

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(1)                
all terms used in this Supplemental Indenture which are not otherwise defined herein shall have the meanings assigned to
them in the Base Indenture and include the plural as well as the singular; and;

(2)                
Section 1.01 of the Base Indenture is amended and supplemented, solely with respect to the Notes, by inserting the following
additional defined terms in their appropriate alphabetical positions (and, in the case of any defined term which is duplicated
in Section 1.01 of the Base Indenture, by deleting the duplicate definition set forth in such Section 1.01 in its entirety):

“Additional
Notes” has the meaning specified in Section 3.02(b).

“Administrative
or Judicial Action” has the meaning specified in the definition of “Tax Event.”

“Affiliate”
means, with respect to any specified Person, any other Person directly or indirectly controlling or controlled by or under direct
or indirect common control with such specified Person. For the purposes of this definition, “control,” when used with
respect to any specified Person means the power to direct the management and policies of such Person, directly or indirectly,
whether through the ownership of voting securities, by contract or otherwise; and the terms “controlling” and “controlled”
have meanings correlative to the foregoing.

“Benchmark”
means, initially, Three-Month Term SOFR; provided that, if the Calculation Agent determines on or prior to the Reference Time
for any Floating Rate Interest Period that a Benchmark Transition Event and its related Benchmark Replacement Date have occurred
with respect to Three-Month Term SOFR or the then-current Benchmark, then “Benchmark” means the applicable Benchmark
Replacement for such Floating Rate Interest Period and any subsequent Floating Rate Interest Periods. Notwithstanding the foregoing,
if the Benchmark is less than zero, then the Benchmark shall be deemed to be zero.

“Benchmark
Replacement” means the Interpolated Benchmark with respect to the then-current Benchmark, plus the Benchmark Replacement
Adjustment for such Benchmark; provided that if (a) the Calculation Agent cannot determine the Interpolated Benchmark as of the
Benchmark Replacement Date or (b) the then-current Benchmark is Three-Month Term SOFR and a Benchmark Transition Event and its
related Benchmark Replacement Date have occurred with respect to Three-Month Term SOFR (in which event no Interpolated Benchmark
with respect to Three-Month Term SOFR shall be determined), then “Benchmark Replacement” means the first alternative
set forth in the order below that can be determined by the Calculation Agent as of the Benchmark Replacement Date:

		(1)	Compounded
                                         SOFR;

		(2)	the
                                         sum of: (a) the alternate rate that has been selected or recommended by the Relevant
                                         Governmental Body as the replacement for the then-current Benchmark for the applicable
                                         Corresponding Tenor and (b) the Benchmark Replacement Adjustment;

		(3)	the
                                         sum of: (a) the ISDA Fallback Rate and (b) the Benchmark Replacement Adjustment; and

		(4)	the
                                         sum of: (a) the alternate rate that has been selected by the Calculation Agent as the
                                         replacement for the then-current Benchmark for the applicable Corresponding Tenor, giving
                                         due consideration to any industry-accepted rate as a replacement for the then-current
                                         Benchmark for Dollar-denominated floating rate securities at such time, and (b) the Benchmark
                                         Replacement Adjustment.

“Benchmark
Replacement Adjustment” means the first alternative set forth in the order below that can be determined by the Calculation
Agent as of the Benchmark Replacement Date:

		(1)	the
                                         spread adjustment, or method for calculating or determining such spread adjustment (which
                                         may be a positive or negative value or zero), that has been selected or recommended by
                                         the Relevant Governmental Body for the applicable Unadjusted Benchmark Replacement;

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		(2)	if
                                         the applicable Unadjusted Benchmark Replacement is equivalent to the ISDA Fallback Rate,
                                         then the ISDA Fallback Adjustment; and

		(3)	the
                                         spread adjustment (which may be a positive or negative value or zero) that has been selected
                                         by the Calculation Agent giving due consideration to any industry-accepted spread adjustment
                                         or method for calculating or determining such spread adjustment, for the replacement
                                         of the then-current Benchmark with the applicable Unadjusted Benchmark Replacement for
                                         Dollar-denominated floating rate securities at such time.

“Benchmark
Replacement Conforming Changes” means, with respect to any Benchmark Replacement, any technical, administrative or operational
changes (including, without limitation, changes to the definition of “Floating Rate Interest Period,” timing and frequency
of determining rates with respect to each Floating Rate Interest Period and making payments of interest, rounding of amounts or
tenors, and other administrative matters) that the Calculation Agent determines may be appropriate to reflect the adoption of
such Benchmark Replacement in a manner substantially consistent with market practice (or, if the Calculation Agent determines
that adoption of any portion of such market practice is not administratively feasible or if the Calculation Agent determines that
no market practice for use of the Benchmark Replacement exists, in such other manner as the Calculation Agent determines is reasonably
necessary).

“Benchmark
Replacement Date” means the earliest to occur of the following events with respect to the then-current Benchmark:

		(1)	in the case of clause (1)
of the definition of “Benchmark Transition Event,” the relevant Reference Time in respect of any determination;

		(2)	in the case of clause (2)
or (3) of the definition of “Benchmark Transition Event,” the later of the date of the public statement or publication
of information referenced therein and the date on which the administrator of the Benchmark permanently or indefinitely ceases
to provide the Benchmark; or

		(3)	in the case of clause (4)
of the definition of “Benchmark Transition Event,” the date of the public statement or publication of information
referenced therein.

For
the avoidance of doubt, if the event giving rise to the Benchmark Replacement Date occurs on the same day as, but earlier than,
the Reference Time in respect of any determination, the Benchmark Replacement Date will be deemed to have occurred prior to the
Reference Time for such determination.

“Benchmark
Transition Event” means the occurrence of one or more of the following events with respect to the then-current Benchmark:

		(1)	if
                                         the Benchmark is Three-Month Term SOFR, (a) the Relevant Governmental Body has not selected
                                         or recommended a forward-looking term rate for a tenor of three months based on SOFR,
                                         (b) the development of a forward-looking term rate for a tenor of three months based
                                         on SOFR that has been recommended or selected by the Relevant Governmental Body is not
                                         complete or (c) the Company or Calculation Agent determines that the use of a forward-looking
                                         rate for a tenor of three months based on SOFR is not administratively feasible;

		(2)	a
                                         public statement or publication of information by or on behalf of the administrator of
                                         the Benchmark announcing that such administrator has ceased or will cease to provide
                                         the Benchmark, permanently or indefinitely, provided that, at the time of such statement
                                         or publication, there is no successor administrator that will continue to provide the
                                         Benchmark;

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		(3)	a
                                         public statement or publication of information by the regulatory supervisor for the administrator
                                         of the Benchmark, the central bank for the currency of the Benchmark, an insolvency official
                                         with jurisdiction over the administrator for the Benchmark, a resolution authority with
                                         jurisdiction over the administrator for the Benchmark or a court or an entity with similar
                                         insolvency or resolution authority over the administrator for the Benchmark, which states
                                         that the administrator of the Benchmark has ceased or will cease to provide the Benchmark
                                         permanently or indefinitely, provided that, at the time of such statement or publication,
                                         there is no successor administrator that will continue to provide the Benchmark; or

		(4)	a
                                         public statement or publication of information by the regulatory supervisor for the administrator
                                         of the Benchmark announcing that the Benchmark is no longer representative.

“Calculation
Agent” means the Person appointed by the Company prior to the commencement of the Floating Rate Period (which may be
the Trustee, the Company or any of its Affiliates) to act in accordance with Section 3.02(e).

“Compounded
SOFR” means the compounded average of SOFRs for the applicable Corresponding Tenor, with the rate, or methodology for
this rate (which will be compounded in arrears with a look back and/or suspension period as a mechanism to determine the interest
amount payable prior to the end of each Floating Rate Interest Period), and conventions for this rate being established by the
Calculation Agent in accordance with:

		(1)	the
                                         rate, or methodology for this rate, and conventions for this rate selected or recommended
                                         by the Relevant Governmental Body for determining Compounded SOFR; provided that:

		(2)	if,
                                         and to the extent that, the Calculation Agent determines that Compounded SOFR cannot
                                         be determined in accordance with clause (1) above, then the rate, or methodology for
                                         this rate, and conventions for this rate that have been selected by the Calculation Agent,
                                         giving due consideration to any industry-accepted market practice for Dollar-denominated
                                         floating rate securities, at such time.

For
the avoidance of doubt, the calculation of Compounded SOFR shall exclude the Benchmark Replacement Adjustment and the spread of
432 basis points per annum.

“Corresponding
Tenor” means (i) with respect to Term SOFR, three months, and (ii) with respect to a Benchmark Replacement, a tenor
(including overnight) having approximately the same length (disregarding business day adjustment) as the applicable tenor for
the then-current Benchmark.

“Designated
Senior Indebtedness” means any Senior Indebtedness that expressly provides that it is “designated senior indebtedness”
for purposes of the Indenture, provided that the instrument, agreement or other document creating or evidencing such
Senior Indebtedness may place limitations and conditions on the right of such Senior Indebtedness to exercise the rights of Designated
Senior Indebtedness.

“DTC”
means The Depository Trust Company and any successor organization thereto.

“Federal
Reserve” means the Board of Governors of the Federal Reserve System or any successor regulatory authority with jurisdiction
over bank holding companies.

“Fixed
Rate Interest Payment Date” has the meaning specified in Section 3.02(e)(i), and shall constitute an “Interest
Payment Date.”

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“Fixed
Rate Period” has the meaning specified in Section 3.02(e)(i).

“Floating
Rate Interest Payment Date” has the meaning specified in Section 3.02(e)(ii), and shall constitute an “Interest
Payment Date.”

“Floating
Rate Interest Period” means the period from and including the immediately preceding Floating Rate Interest Payment Date
in respect of which interest has been paid or duly provided for, to, but excluding, the applicable Floating Rate Interest Payment
Date or Maturity Date or earlier Redemption Date, if applicable (except that the first Floating Rate Interest Period will commence
on November 1, 2025).

“Floating
Rate Period” has the meaning specified in Section 3.02(e)(ii).

“FRBNY’s
Website” means the website of the Federal Reserve Bank of New York (the “FRBNY”) at http://www.newyorkfed.org,
or any successor source.

“IFA”
means an independent financial advisor appointed by the Company.

“Interest
Payment Date” has the meaning specified in Section 3.02(e)(ii).

“Interest
Period” means the period from and including the immediately preceding Interest Payment Date in respect of which interest
has been paid or duly provided for or, if no interest has been paid or duly provided for, from and including the Issue Date to,
but excluding, the applicable Interest Payment Date for such period (or the Maturity Date or earlier Redemption Date, if applicable).

“Interpolated
Benchmark” with respect to the Benchmark means the rate determined by the Calculation Agent for the Corresponding Tenor
by interpolating on a linear basis between: (1) the Benchmark for the longest period (for which the Benchmark is available) that
is shorter than the Corresponding Tenor, and (2) the Benchmark for the shortest period (for which the Benchmark is available)
that is longer than the Corresponding Tenor.

“ISDA”
means the International Swaps and Derivatives Association, Inc. or any successor.

“ISDA
Definitions” means the 2006 ISDA Definitions published by ISDA, as amended or supplemented from time to time, or any
successor definitional booklet for interest rate derivatives published from time to time.

“ISDA
Fallback Adjustment” means the spread adjustment (which may be a positive or negative value or zero) that would apply
for derivatives transactions referencing the ISDA Definitions to be determined upon the occurrence of an index cessation event
with respect to the Benchmark for the applicable tenor.

“ISDA
Fallback Rate” means the rate that would apply for derivatives transactions referencing the ISDA Definitions to be effective
upon the occurrence of an index cessation date with respect to the Benchmark for the applicable tenor excluding the applicable
ISDA Fallback Adjustment.

“Issue
Date” means October 16, 2020.

“Maturity
Date,” with respect to the principal of the Notes, has the meaning specified in Section 3.02(d), which date shall constitute
the “Stated Maturity” thereof.

“Paying
Agent” means any Person authorized by the Company, including the Company, to pay the principal of, or any premium or
interest on, the Notes on behalf of the Company.

“Redemption
Event” means, collectively, the occurrence of (i) a Tier 2 Capital Event, (ii) a Tax Event, or (iii) the Company becoming
required to register as an investment company pursuant to the Investment Company Act of 1940, as amended (15 U.S.C. 80a-1 et seq.).

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“Reference
Time” with respect to any determination of the Benchmark during the Floating Rate Period means (i) if the Benchmark
is Three-Month Term SOFR, the time determined by the Calculation Agent after giving effect to the Three-Month Term SOFR Conventions,
and (ii) if the Benchmark is not Three-Month Term SOFR, the time determined by the Calculation Agent after giving effect to the
Benchmark Replacement Conforming Changes.

“Relevant
Governmental Body” means the Federal Reserve and/or the FRBNY, or a committee officially endorsed or convened by the
Federal Reserve and/or the FRBNY or any successor thereto.

“Representative”
means the (a) indenture trustee or other trustee, agent or representative for any Senior Indebtedness or (b) with respect to any
Senior Indebtedness that does not have any such trustee, agent or other representative, (i) in the case of such Senior Indebtedness
issued pursuant to an agreement providing for voting arrangements as among the holders or owners of such Senior Indebtedness,
any holder or owner of such Senior Indebtedness acting with the consent of the required Persons necessary to bind such holders
or owners of such Senior Indebtedness and (ii) in the case of all other such Senior Indebtedness, the holder or owner of such
Senior Indebtedness.

“SOFR”
means the secured overnight financing rate published by the FRBNY, as the administrator of the Benchmark (or any successor administrator),
on the FRBNY’s Website.

“Tax
Event” means the receipt by the Company of an opinion of independent tax counsel to the effect that as a result of (1)
an amendment to or change (including any announced prospective amendment or change) in any law, statute, code or treaty, or any
regulation thereunder, of the United States or any of its political subdivisions or taxing authorities; (2) a judicial decision,
administrative action, official administrative pronouncement, ruling, regulatory procedure, regulation, notice or announcement,
including any notice or announcement of intent to adopt or promulgate any ruling, regulatory procedure or regulation (any of the
foregoing, an “Administrative or Judicial Action”); (3) an amendment to or change in any official position
with respect to, or any interpretation of, an Administrative or Judicial Action or a law or regulation of the United States that
differs from the previously generally accepted position or interpretation; or (4) a threatened challenge asserted in writing in
connection with an audit of the Company’s federal income tax returns or positions or a similar audit of any of its subsidiaries
or a publicly known threatened challenge asserted in writing against any other taxpayer that has raised capital through the issuance
of securities that are substantially similar to the Notes, in each case, which change or amendment or challenge becomes effective
or which pronouncement, decision or challenge becomes publicly known on or after the Issue Date, resulting in more than an insubstantial
risk that interest payable by the Company on the Notes is not, or, within 90 days of the date of such opinion of tax counsel,
will not be, deductible by the Company, in whole or in part, for United States federal income tax purposes.

“Term
SOFR” means the forward-looking term rate for the applicable Corresponding Tenor based on SOFR that has been selected
or recommended by the Relevant Governmental Body.

“Term
SOFR Administrator” means any entity designated by the Relevant Governmental Body as the administrator of Term SOFR
(or any successor administrator).

“Three-Month
Term SOFR” means the rate for Term SOFR for a tenor of three months that is published by the Term SOFR Administrator
at the Reference Time for any Floating Rate Interest Period, as determined by the Calculation Agent after giving effect to the
Three-Month Term SOFR Conventions. All percentages used in or resulting from any calculation of Three-Month Term SOFR shall be
rounded, if necessary, to the nearest one-hundred-thousandth of a percentage point, with 0.000005% rounded up to 0.00001%.

“Three-Month
Term SOFR Conventions” means any determination, decision, or election with respect to any technical, administrative,
or operational matter (including, without limitation, with respect to the manner and timing of the publication of Three-Month
Term SOFR, or changes to the definition of “Floating Rate Interest Period,” timing and frequency of determining Three-Month
Term SOFR with respect to each Floating Rate Interest Period and making payments of interest, rounding of amounts or tenors, and
other administrative matters) that the Calculation Agent determines may be appropriate to reflect the use of Three-Month Term
SOFR as the Benchmark in a manner substantially consistent with market practice (or, if the Calculation Agent determines that
adoption of any portion of such market practice is not administratively feasible or if the Calculation Agent determines that no
market practice for the use of Three-Month Term SOFR exists, in such other manner as the Calculation Agent determines is reasonably
necessary).

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“Tier
2 Capital Event” means the Company’s good faith determination that, as a result of (1) any amendment to, clarification
of, or change in (including any announced prospective change), the laws, rules or regulations of the United States (including,
for the avoidance of doubt, any agency or instrumentality of the United States, including the Federal Reserve and other federal
bank regulatory agencies) or any political subdivision of or in the United States that is enacted or becomes effective after the
Issue Date, (2) any proposed change in those laws, rules or regulations that is announced or becomes effective after the Issue
Date, or (3) any official administrative decision or judicial decision or administrative action or other official pronouncement
interpreting or applying those laws, rules, regulations, policies or guidelines with respect thereto that is announced after the
Issue Date, there is more than an insubstantial risk that the Company will not be entitled to treat the Notes then outstanding
as “Tier 2 Capital” (or its equivalent), for purposes of the capital adequacy rules or regulations of the Federal
Reserve (or any regulatory authority with jurisdiction over bank holding companies), as then in effect and applicable to the Company,
for so long as any Notes are outstanding.

“Unadjusted
Benchmark Replacement” means the Benchmark Replacement excluding the Benchmark Replacement Adjustment.

Article
III

FORM AND TERMS OF THE NOTES

Section
3.01              
Form and Dating. The Notes shall be substantially in the form of Exhibit A, attached hereto. The Notes shall be
executed on behalf of the Company by its Chief Executive Officer, its President, any Vice President or its Chief Financial Officer.
The terms contained in the Notes shall constitute, and are hereby expressly made, a part of the Base Indenture as supplemented
by this Supplemental Indenture, and the Company and the Trustee, by their execution and delivery of this Supplemental Indenture,
expressly agree to such terms and provisions and to be bound thereby.

Section
3.02              
Terms. The following terms relating to the Notes are hereby authorized and established:

(a)                
Title. The Notes shall constitute a series of Securities designated as the “4.50% Fixed-to-Floating Rate Subordinated
Notes due 2030” and the CUSIP number is 68621T AA0, which series of Notes are unsecured and subordinated to the Senior Indebtedness
of the Company as provided herein.

(b)                Principal Amount. The aggregate principal amount of the Notes initially issued that may be authenticated and delivered
under the Indenture on the Issue Date shall be EIGHTY MILLION DOLLARS ($80,000,000). If no Event of Default has occurred and is
continuing with respect to the Notes, the Company may, from time to time, without notice to or the consent of the Holders, create
and issue additional notes pursuant to the Indenture ranking equally with the Notes and with identical terms in all respects (or
in all respects except for the issue date, the offering price, the payment of interest accruing prior to the issue date of such
additional notes and the first payment of interest following the issue date of such additional notes) (such notes, the “Additional
Notes”) in order that such Additional Notes may be consolidated and form a single series with the Notes and have the
same terms as to status, redemption or otherwise as the Notes; provided, however, that a separate CUSIP number and ISIN
number will be issued for any such Additional Notes unless such Additional Notes are fungible with the Notes for U.S. federal
income tax purposes, subject to the procedures of DTC. The Notes and any Additional Notes shall constitute a single series under
the Indenture. All references to the Notes shall include any Additional Notes, unless the context otherwise requires. No limit
exists on the aggregate principal amount of the Additional Notes of this series of Notes that the Company may issue in the future.

(c)                
Person to Whom Interest Is Payable. Interest payable, and punctually paid or duly provided for, on any Interest
Payment Date will be paid to the applicable Persons as specified herein. Defaulted Interest may be paid to the person in whose
name such Registered Security shall be registered upon the Security Register as provided in Section 2.05 of the Base Indenture. 
However, interest that is paid on the Maturity Date will be paid to the Person to whom the principal is payable.

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(d)                
Maturity Date. The entire outstanding Principal of the Notes shall be payable on November 1, 2030 (the “Maturity
Date”).

(e)                
Interest.

(i)                  
The Notes will bear interest at a fixed rate of 4.50% per annum from and including October 16, 2020 to, but excluding,
November 1, 2025, or earlier Redemption Date (the “Fixed Rate Period”).  Interest accrued on the Notes
during the Fixed Rate Period will be payable semi-annually in arrears on May 1 and November 1 of each year, commencing on May
1, 2021 (each such date, a “Fixed Rate Interest Payment Date”). The last Fixed Rate Interest Payment Date shall
be November 1, 2025, unless the Notes are earlier redeemed. The interest payable during the Fixed Rate Period will be paid to
each Holder in whose name a Note is registered at the close of business on the fifteenth day (whether or not a Business Day) immediately
preceding the applicable Fixed Rate Interest Payment Date.

(ii)                
The Notes will bear a floating interest rate from and including November 1, 2025 to, but excluding, the Maturity Date or
earlier Redemption Date (the “Floating Rate Period”). The floating interest rate will be reset for each Interest
Period in the Floating Rate Period, and the interest rate for each such Interest Period shall be equal to the then-current Benchmark
for such Interest Period plus 432 basis points. During the Floating Rate Period, interest on the Notes will be payable quarterly
in arrears on February 1, May 1, August 1 and November 1 of each year, commencing on February 1, 2026 (each such date, a “Floating
Rate Interest Payment Date” and, together with each Fixed Rate Interest Payment Date, each an “Interest Payment
Date”). The last Floating Rate Interest Payment Date shall be November 1, 2030, unless the Notes are earlier redeemed. 
The interest payable during the Floating Rate Period will be paid to each Holder in whose name a Note is registered at the close
of business on the fifteenth day (whether or not a Business Day) immediately preceding the applicable Floating Rate Interest Payment
Date. The Calculation Agent will provide the Company and the Trustee (if the Trustee is not then the Calculation Agent) with the
interest rate in effect for each Interest Period during the Floating Rate Period promptly once available but in no event later
than fifteen (15) days prior to any Floating Rate Interest Payment Date.

(iii)               
The occurrence of a Benchmark Transition Event shall have the following effects:

		(1)	If
                                         the Calculation Agent determines that a Benchmark Transition Event and its related Benchmark
                                         Replacement Date have occurred on or prior to the Reference Time in respect of any Floating
                                         Rate Interest Period during the Floating Rate Period, then the Benchmark Replacement
                                         will replace the then-current Benchmark for all purposes relating to the Notes during
                                         such Floating Rate Interest Period and all remaining Floating Rate Interest Periods.
                                         In connection with the implementation of a Benchmark Replacement, the Calculation Agent
                                         will have the right to make Benchmark Replacement Conforming Changes from time to time.

		(2)	Notwithstanding
                                         anything set forth in Section 3.02(e)(ii) above, if the Calculation Agent determines
                                         on or prior to the relevant Reference Time that a Benchmark Transition Event and its
                                         related Benchmark Replacement Date have occurred with respect to Three-Month Term SOFR,
                                         then the provisions set forth in this Section 3.02(e)(iii) will thereafter apply to all
                                         determinations of the Benchmark used to calculate the interest rate on the Notes for
                                         each Floating Rate Interest Period. After a Benchmark Transition Event and its related
                                         Benchmark Replacement Date have occurred with respect to the then-current Benchmark,
                                         the amount of interest that will be payable for each Floating Rate Interest Period on
                                         the Notes will be an annual rate equal to the Benchmark Replacement plus 432 basis points.
                                         

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		(3)	The
                                         Calculation Agent is expressly authorized to make certain determinations, decisions,
                                         and elections under the terms of the Notes, including with respect to the use of any
                                         Benchmark Replacement for the Floating Rate Period and under this Section 3.02(e)(iii).
                                         Any determination, decision, or election that may be made by the Company or by the Calculation
                                         Agent under the terms of the Notes, including any determination with respect to a tenor,
                                         rate, or adjustment of the occurrence or non-occurrence of an event, circumstance, or
                                         date and any decision to take or refrain from taking any action or any selection (A) will
                                         be conclusive and binding on the Holders of the Notes, the Company (if the Company is
                                         not also the Calculation Agent) and the Trustee absent manifest error, (B) if made by
                                         the Company as Calculation Agent, will be made in the Company’s sole discretion,
                                         (C) if made by a Calculation Agent other than the Company, will be made after consultation
                                         with the Company, and the Calculation Agent will not make any such determination, decision,
                                         or election to which the Company reasonably objects and (D) notwithstanding anything
                                         to the contrary in the Indenture, shall become effective without consent from the Holders
                                         of the Notes or the Trustee or any other party. If the Calculation Agent fails to make
                                         any determination, decision, or election that it is required to make under the terms
                                         of the Notes, then the Company will make such determination, decision, or election on
                                         the same basis as described above.

		(4)	The
                                         Company (or the Calculation Agent) shall notify the Trustee (if the Trustee is not then
                                         also the Calculation Agent) in writing (i) upon the occurrence of the Benchmark Transition
                                         Event or the Benchmark Replacement Date, and (ii) of any Benchmark Replacements, Benchmark
                                         Replacement Conforming Changes after a Benchmark Transition Event.

		(5)	The
                                         Trustee (including in its capacity as Paying Agent), unless acting as the Calculation
                                         Agent, shall have no (i) responsibility or liability for the (A) Three-Month Term
                                         SOFR Conventions, (B) selection of an alternative reference rate to Three-Month Term
                                         SOFR (including, without limitation, whether the conditions for the designation of such
                                         rate have been satisfied or whether such rate is a Benchmark Replacement or an Unadjusted
                                         Benchmark Replacement), (C) determination or calculation of a Benchmark Replacement,
                                         or (D) determination of whether a Benchmark Transition Event or Benchmark Replacement
                                         Date has occurred, and in each such case under clauses (A) through (D) above shall be
                                         entitled to conclusively rely upon the selection, determination, and/or calculation thereof
                                         as provided by the Company or its Calculation Agent (if the Trustee is not then also
                                         the Calculation Agent), as applicable, and (ii) liability for any failure or delay in
                                         performing its duties hereunder as a result of the unavailability of a Benchmark rate
                                         as described in the definition thereof, including, without limitation, as a result of
                                         the Company’s or the Calculation Agent’s failure to select a Benchmark Replacement
                                         or the Calculation Agent’s failure to calculate a Benchmark. The Trustee, unless
                                         acting as the Calculation Agent, shall be entitled to rely conclusively on all notices
                                         from the Company or the Calculation Agent regarding any Benchmark or Benchmark Replacement,
                                         including, without limitation, in regards to Three-Month Term SOFR Conventions, a Benchmark
                                         Transition Event, Benchmark Replacement Date, and Benchmark Replacement Conforming Changes.
                                         The Trustee, unless acting as the Calculation Agent, shall not be responsible or liable
                                         for the actions or omissions of the Calculation Agent, or any failure or delay in the
                                         performance of the Calculation Agent’s duties or obligations, nor shall it be under
                                         any obligation to monitor or oversee the performance of the Calculation Agent. The Trustee,
                                         unless acting as the Calculation Agent, shall be entitled to rely conclusively on any
                                         determination made, and any instruction, notice, Officer’s Certificate or other
                                         instruction or information provided by the Calculation Agent without independent verification,
                                         investigation or inquiry of any kind.

		(6)	If
                                         the then-current Benchmark is Three-Month Term SOFR, the Calculation Agent will have
                                         the right to establish the Three-Month Term SOFR Conventions, and if any of the foregoing
                                         provisions concerning the calculation of the interest rate and interest payments during
                                         the Floating Rate Period are inconsistent with any of the Three-Month Term SOFR Conventions
                                         determined by the Calculation Agent, then the relevant Three-Month Term SOFR Conventions
                                         will apply. Furthermore, if the Calculation Agent determines that a Benchmark Transition
                                         Event and its related Benchmark Replacement Date have occurred with respect to the Three-Month
                                         Term SOFR or other applicable Benchmark at any time when any of the Notes are outstanding,
                                         then the foregoing provisions concerning the calculation of the interest rate and interest
                                         payments during the Floating Rate Period will be modified in accordance with this Section
                                         3.02(e)(iii).

    	9

    	 

    

(iv)              
The amount of interest payable on any Fixed Rate Interest Payment Date during the Fixed Rate Period will be computed on
the basis of a 360-day year consisting of twelve 30-day months, and the amount of interest payable on any Floating Rate Interest
Payment Date during the Floating Rate Period will be computed on the basis of a 360-day year and the actual number of days elapsed.
In the event that any scheduled Interest Payment Date or the Maturity Date for the Notes falls on a day that is not a Business
Day, then payment of interest payable on such Interest Payment Date or of principal and interest payable on the Maturity Date
will be paid on the next succeeding day which is a Business Day (any payment made on such date will be treated as being made on
the date that the payment was first due and no interest on such payment will accrue for the period from and after such scheduled
Interest Payment Date). Dollar amounts resulting from interest calculations will be rounded to the nearest cent, with one-half
cent being rounded upward.

(v)                
The Company shall take such commercially reasonable actions as are necessary to ensure that from the commencement of the
Floating Rate Period for so long as any of the Notes remain outstanding there will at all times be a Calculation Agent appointed
to calculate the applicable Benchmark in respect of each Floating Rate Period. The calculation of the applicable Benchmark for
each applicable Floating Rate Period by the Calculation Agent will (in the absence of manifest error) be conclusive and binding
upon the beneficial owners and the Holders of the Notes, the Company (if the Company is not also the Calculation Agent) and the
Trustee. The Calculation Agent’s determination of any interest rate, and its calculation of interest payments, for any Floating
Rate Interest Period, will be maintained on file at the Calculation Agent’s principal offices, will be made available to
any Holder of the Notes upon request and will be provided to the Trustee (if the Trustee is not also the Calculation Agent). The
Calculation Agent shall have all the rights, protections and indemnities afforded to the Trustee under the Base Indenture and
hereunder. The Calculation Agent may be removed by the Company at any time. If the Calculation Agent is unable or unwilling to
act as Calculation Agent or is removed by the Company, the Company will promptly appoint a replacement Calculation Agent. The
Calculation Agent may not resign its duties without a successor having been duly appointed; provided, that if a successor
Calculation Agent has not been appointed by the Company and such successor accepted such position within 30 days after the giving
of notice of resignation by the Calculation Agent, then the resigning Calculation Agent may petition, at the expense of the Company,
any court of competent jurisdiction for the appointment of a successor Calculation Agent with respect to such series. For the
avoidance of doubt, if at any time there is no Calculation Agent appointed by the Company, then the Company shall be the Calculation
Agent and the foregoing provisions shall apply to the Company in its role as the Calculation Agent. The Company may appoint itself
or any of its Affiliates to be the Calculation Agent. By its acquisition of the Notes, each Holder (including, for the avoidance
of doubt, each beneficial owner) acknowledges, accepts, consents to and agrees to be bound by the Company’s and the Calculation
Agent’s determination of the interest rate for each Floating Rate Interest Period, including the Company’s and the
Calculation Agent’s determination of any Benchmark Replacement Conforming Changes, Benchmark Replacement Date, Benchmark
Replacement, Benchmark Replacement Adjustment, and Benchmark Transition Event, including as may occur without any prior notice
from the Company or the Calculation Agent and without the need for the Company or the Calculation Agent to obtain any further
consent from any Holder.

(vi)              
The Company shall give written notice of the appointment of any Calculation Agent to the Trustee unless the Trustee is
appointed as the Calculation Agent. The Company (or its Calculation Agent) shall notify the Trustee (if the Trustee is not also
the Calculation Agent) in writing upon a Benchmark Transition Event, of a Benchmark Replacement, any Benchmark Replacement Adjustment
and of other items affecting the interest rate on the Notes after a Benchmark Transition Event.

(vii)             
The Trustee (including in its capacity as Paying Agent), unless acting as the Calculation Agent, shall have no (1) responsibility
or liability for (A) Three-Month Term SOFR, (B) selection of a Benchmark Replacement (including whether the conditions for the
designation of such rate have been satisfied), (C) determination or calculation of a Benchmark Replacement, (D) determination
of whether a Benchmark Transition Event has occurred or (E) any action or inaction of the Calculation Agent or any related party,
and in each such case under clauses (A) through (E) above shall be entitled to conclusively rely upon the selection, determination,
and/or calculation thereof as provided by the Company or its Calculation Agent, as applicable, or (2) liability for any failure
or delay in performing its duties hereunder as a result of the unavailability of Three-Month Term SOFR as described in the definition
thereof, including as a result of the Company’s, IFA’s or Calculation Agent’s failure to select a Benchmark
Replacement or the Calculation Agent’s failure to calculate a Benchmark Replacement. The Trustee shall be entitled to rely
conclusively on all notices from the Company or its Calculation Agent, unless acting as the Calculation Agent, regarding Three-Month
Term SOFR or a Benchmark Replacement, including in regards to a Benchmark Transition Event.

    	10

    	 

    

(f)               Place
of Payment of Principal and Interest. So long as the Notes are issued in the form of one or more global securities, the Company
shall make, or cause the Paying Agent to make, all payments of principal and interest on the Notes by wire transfer in immediately
available funds to DTC or its nominee, in accordance with applicable procedures of DTC. If the Notes are not so issued, the Company
may, at its option, make, or cause the Paying Agent to make, payments of principal and interest on the Notes by check mailed to
the address of the Holder specified in accordance with Sections 3.02(e)(i) or (e)(ii) above.

(g)              Redemption.
The Notes are not subject to redemption or prepayment at the option of the Holders.

The
Notes shall be redeemable at the option of the Company, in whole or in part, beginning with the Interest Payment Date on November
1, 2025, and on any Interest Payment Date thereafter, subject to obtaining the prior approval of the Federal Reserve to the extent
such approval is then required under the rules of the Federal Reserve.

The
Notes may not otherwise be redeemed prior to the Maturity Date, except that the Company may, at its option, redeem the Notes at
any time before the Maturity Date, in whole but not in part, subject to obtaining the prior approval of the Federal Reserve to
the extent such approval is then required under the rules of the Federal Reserve, upon the occurrence of a Redemption Event.

The
Redemption Price shall equal 100% of the principal amount of the Notes to be redeemed plus accrued and unpaid
interest to, but excluding, the Redemption Date fixed by the Company. The provisions of Article 3 of the Base Indenture shall
apply to any redemption of the Notes. Any partial redemption will be made in accordance with DTC’s applicable procedures
among all Holders. If any Note is to be redeemed in part only, the notice of redemption relating to such Note shall state, in
addition to the information specified in Article 3 of the Base Indenture, that such redemption is a partial redemption, the portion
of the principal amount thereof to be redeemed, and that a replacement Note in principal amount equal to the unredeemed portion
thereof will be issued in the name of the Holder thereof upon cancellation of the original Note.

Any
notice of redemption may be conditional in the Company’s discretion on one or more conditions precedent, and the Redemption
Date may be delayed until such time as any or all of such conditions have been satisfied or revoked by the Company if it determines
that such conditions will not be satisfied. The Trustee shall have no liability or responsibility to monitor such conditions or
to determine their satisfaction and the Company shall advise the Trustee in writing upon satisfaction of such conditions (or failure
of such conditions).

(h)              Sinking
Fund. There shall be no sinking fund for the Notes.

(i)               Conversion and Exchange. The Notes are not convertible into, or exchangeable for, equity securities, other securities
or assets of the Company or its Subsidiaries.

(j)               Denomination.
The Notes and any beneficial interest in the Notes shall be in minimum denominations of $1,000 and any integral multiples of $1,000
in excess thereof.

(k)              Currency
of the Notes. The Notes shall be denominated, and the principal thereof and interest thereon shall be payable, in Dollars.

(l)               Registered Form. The Notes will be issued in book-entry form, will be represented by one or more global notes registered
in the name of DTC or its nominee and DTC (or any successor thereto or successor depositary appointed by the Company) shall be
the depositary for the Notes. Sections 2.04, 2.07 and 2.11 of the Base Indenture shall apply to the Notes; provided, a global
security with respect to the Notes shall be exchangeable for physical securities of such series only if: (i) DTC is at any time
unwilling or unable or ineligible to continue as a depository or ceases to be a clearing agency registered under the Exchange
Act and a successor depository is not appointed by the Company within 90 days of the date the Company is so notified in writing;
(ii) the Company executes and delivers to the Trustee a Company Order to the effect that such global securities shall be so exchangeable
(and the Trustee consents thereto); or (iii) An Event of Default has occurred and is continuing with respect to the global securities
and a Holder requests such exchange.

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(m)              Events of Default. All of the Events of Default set forth in clauses (a), (b), (c), (d) and (e) of Section 6.01
of the Base Indenture will apply with respect to the Notes. Notwithstanding the foregoing, because the Company will treat the
Notes as Tier 2 capital (or its then equivalent if the Company were subject to such capital requirement) for purposes of capital
adequacy guidelines of the Federal Reserve as then in effect and applicable to the Company, upon the occurrence of an Event of
Default other than an Event of Default set forth in clause (d) or (e) of Section 6.01 of the Base Indenture, neither the Trustee
nor the Holders of the Notes may accelerate the maturity of the Notes and make the principal of, and any accrued and unpaid interest
on, the Notes, immediately due and payable. The last paragraph in Section 6.01 of the Base Indenture is deleted and replaced with
the following text: “If an Event of Default described in clause (d) or (e) shall have occurred and be continuing, and in
each and every such case, unless the principal of all the Securities of such series shall have already become due and payable,
the principal amount of all the Securities (or, with respect to Original Issue Discount Securities, such lesser amount as may
be specified in the terms of such Securities) shall be automatically deemed immediately due and payable.”

(n)               Waiver.
Section 6.13(2) of the Base Indenture is deleted in its entirety.

(o)               Supplemental Indentures. Section 10.01 of the Base Indenture shall apply to the Notes; however, Section 10.01(g)
shall be deleted in its entirety and replaced with “Reserved” and the following text shall be deemed to be inserted
at the end of such Section: “Not in limitation of the foregoing, without the consent of any Holder of Notes, the Company
and the Trustee may amend or supplement the Indenture or the Notes (i) to conform the terms of the Indenture and the Notes to
the description of the Notes in the prospectus supplement dated October 8, 2020 relating to the offering of the Notes; or (ii)
to implement any Three-Month Term SOFR Conventions or any benchmark transition provisions after a Benchmark Transition Event and
its related Benchmark Replacement Date have occurred (or in anticipation thereof).”

(p)               No
Collateral. The Notes shall not be entitled to the benefit of any security interest in, or collateralization by, any rights,
property or interest of the Company.

(q)               Defeasance.
Section 14.02 and Section 14.03 of the Base Indenture shall not apply to the Notes.

(r)               No
Additional Amounts. In the event that any payment on the Notes is subject to withholding of any U.S. federal income tax or
other tax or assessment (whether as a result of a change in law or otherwise), the Company will not pay additional amounts with
respect to such tax or assessment.

(s)               Notices
to Holders. Any notices required to be given to Holders shall be given to the Trustee. Notwithstanding any other provision
of the Indenture or any Note, where the Indenture or any Note provides for notice of any event or any other communication (including
any notice of redemption) to a Holder (whether by mail or otherwise), such notice shall be sufficiently given if given to DTC
(or its designee) pursuant to the applicable procedures from DTC or its designee, including by electronic mail in accordance with
accepted practices at DTC.

(t)               Additional
Terms. Other terms applicable to the Notes are as otherwise provided for in the Base Indenture, as supplemented by this Supplemental
Indenture, including Article IV hereof.

Article
IV

SUBORDINATION OF SECURITIES

Section
4.01              
Agreement of Subordination. The Company covenants and agrees, and each Holder by purchasing, holding or accepting
a Note likewise covenants and agrees, that all Notes shall be issued subject to the provisions of this Article IV; and each Person
holding any Note, whether upon original issue or upon transfer, assignment or exchange thereof, accepts and agrees to be bound
by such provisions.

The
payment of the principal of, interest on, any Redemption Price for and any Additional Amounts with respect to the Notes shall,
to the extent and in the manner hereinafter set forth, be subordinated and subject in right of payment to the prior payment in
full of all Senior Indebtedness, whether outstanding at the date of the Indenture or thereafter incurred, assumed or guaranteed,
and that these subordination provisions are for the benefit of the holders of Senior Indebtedness.

    	12

    	 

    

No
provision of this Article shall prevent the occurrence of any Default or Event of Default hereunder.

Section
4.02              
Subordination Provisions.

(a)          Except
as otherwise specified, the Company agrees, and each Holder of the Notes by accepting the Notes agrees, that the indebtedness
evidenced by the Notes is subordinated in right of payment, to the extent and in the manner provided in this Section 4.02, to
the prior payment in full of all Senior Indebtedness and that the subordination is for the benefit of the holders of Senior Indebtedness.

(b)          In
the event of (a) any insolvency or bankruptcy case or proceeding, or any receivership, liquidation, reorganization or other similar
case or proceeding in connection therewith, relative to the Company or to its creditors, as such, or to its assets, or (b) any
liquidation, dissolution or other winding up of the Company, whether voluntary or involuntary and whether or not involving insolvency
or bankruptcy, or (c) any assignment for the benefit of creditors or any other marshalling of assets and liabilities of the Company
((a) through (c), an “Insolvency Event”):

(i)                  
holders of Senior Indebtedness shall be entitled to receive payment in full in cash of the principal thereof, and premium,
if any, additional amounts owing in respect thereof, if any, and interest thereon (including interest accruing after the commencement
of any such proceeding) to the date of payment on the Senior Indebtedness before Holders shall be entitled to receive any payment
of principal of or interest on Notes;

(ii)                
until the Senior Indebtedness is paid in full in cash, any indebtedness to which Holders of the Notes or the Trustee would
be entitled (except for the fees and expenses due and owing to Trustee) but for this Section 4.02 shall be made to holders of
Senior Indebtedness as their interests may appear for the application to the payment thereof, except that Holders of the Notes
may receive securities that are subordinated to Senior Indebtedness to at least the same extent as the Notes; and

(iii)               
the Trustee is entitled to conclusively rely upon an order or decree of a court of competent jurisdiction or a certificate
of a bankruptcy trustee or other similar official for the purpose of ascertaining the persons entitled to participate in such
distribution, the holders of Senior Indebtedness and other Company debt, the amount thereof or payable thereon and all other pertinent
facts relating to the Trustee’s obligations under this Section 4.02.

(c)          In
the event that, notwithstanding the foregoing provisions of this Section 4.02, the Trustee or the Holder of any of the Notes shall
have received any payment or distribution of assets of the Company of any kind or character, whether in cash, property or securities,
including by way of set-off or any such payment or distribution which may be payable or deliverable by reason of the payment of
any other indebtedness of the Company being subordinated to the payment of the Notes, before all Senior Indebtedness is paid in
full or payment thereof provided for, and if such fact shall, at or prior to the time of such payment or distribution, have been
made known to the Trustee or, as the case may be, such Holder of the Notes, in writing by the Company then and in such event such
payment or distribution shall be paid over or delivered forthwith to the Trustee in bankruptcy, receiver, liquidating trustee,
custodian, assignee, agent or other Person making payment or distribution of assets of the Company for application to the payment
of all Senior Indebtedness remaining unpaid, to the extent necessary to pay all Senior Indebtedness in full, after giving effect
to any concurrent payment or distribution to or for the holders of Senior Indebtedness. Any taxes that have been withheld or deducted
from any payment or distribution in respect of the Notes, or any taxes that ought to have been withheld or deducted from any such
payment or distribution that have been remitted to the relevant taxing authority, shall not be considered to be an amount that
the Trustee or the Holder of any of the Notes receives for purposes of this Section.

(d)          (i)
The Company may not pay principal of, or premium, if any or interest on the Notes and may not acquire any Notes for cash or property,
other than capital stock, of the Company if:

    	13

    	 

    

(A)          a
default (x) in the payment of principal, premium, if any, or interest, on any Senior Indebtedness beyond any applicable grace
period with respect thereto occurs and is continuing or (y) arising from an Insolvency Event of the Company occurs and, in the
case of both (x) and (y), holders of the Senior Indebtedness have accelerated the maturity of such Senior Indebtedness due to
such event of default;

(B)          a
default on Senior Indebtedness other than those referenced in clause (A) above occurs and is continuing and the holders
of such Senior Indebtedness (or a Representative on their behalf) accelerate the maturity of such Senior Indebtedness;
provided, that a holder, or a Representative of the holders, of such Senior Indebtedness shall have provided written notice
to the Company that the holders of the Senior Indebtedness have accelerated the maturity of such Senior Indebtedness due
to such event of default; or

(C)          a
default under any Senior Indebtedness is the subject of judicial proceedings or the Trustee receives a notice of the default from
the Company.

               (ii)          The
Company may resume payments on the Notes and may acquire them when all defaults referenced in clause (d)(i) above are cured or
waived or any acceleration shall have been rescinded or annulled.

(e)          In
the event that any Notes are declared due and payable before their stated Maturity Date, then and in such event the holders of
Senior Indebtedness shall be entitled to receive payment in full of all amounts due or to become due on or in respect of all Senior
Indebtedness or provision shall be made for such payment in cash, before the Holders of the Notes are entitled to receive any
payment (including any payment which may be payable by reason of the payment of any other indebtedness of the Company being subordinated
to the payment of the Notes) by the Company on account of the principal of, or premium, if any or interest on the Notes or on
account of the purchase or other acquisition of Notes; provided, that any money deposited pursuant to Article 12 of the Base Indenture
not in violation of the Indenture shall not be subject to the claims of holders of Senior Indebtedness, unless, in avoidance of
doubt, it was deposited in connection with any declaration of acceleration under the Indenture.

In
the event that, notwithstanding the foregoing, the Company shall make any payment to the Trustee or the Holder of any Note prohibited
by the foregoing provisions of this Section, and if such fact shall, at or prior to the time of such payment, have been made known
to the Trustee in writing or, as the case may be, such Holder, then and in such event such payment shall be paid over and delivered
forthwith to the Trustee with respect to such Senior Indebtedness.

(f)          If
payment or distribution on account of the Notes of any character or security, whether in cash, securities or other property, is
received by Holder, including any applicable Trustee, in contravention of any of the terms of this Section 4.02 and before all
Senior Indebtedness has been paid in full, such payment or distribution or security will be received in trust for the benefit
of holders of Senior Indebtedness or their Representatives for application to the payment of all Senior Indebtedness remaining
unpaid to the extent necessary to pay all Senior Indebtedness in full.

(g)          The
Company shall promptly notify the Trustee, in writing, of any facts known to the Company that would cause a payment on the Notes
to violate this Section 4.02. The Company shall provide all relevant contact, wiring and other information as the Trustee may
require in order to pay over or deliver to the Representative representing the Senior Indebtedness any funds or other payment
or distribution in accordance with this Section 4.02. The Trustee shall be entitled to conclusively rely on any such information
provided by the Company.

(h)          After
all Senior Indebtedness is paid in full and until the Notes are paid in full, Holders shall be subrogated to the rights of holders
of Senior Indebtedness to receive payments or distributions applicable to Senior Indebtedness to the extent that distributions
otherwise payable to such Holders have been applied to the payment of Senior Indebtedness. A payment or distribution made under
this Section 4.02 to holders of Senior Indebtedness which otherwise would have been made to Holders is not, as among the Company,
its creditors other than the holders of Senior Indebtedness and Holders, a payment or distribution by the Company on account of
the Senior Indebtedness.

    	14

    	 

    

(i)          This
Section 4.02 is intended solely to define the relative rights of Holders on the one hand and the holders of Senior Indebtedness
on the other hand. Nothing in the Indenture or in the Notes shall:

(i)                  
impair, as among the Company, its creditors other than holders of Senior Indebtedness and the Holders of the Notes, the
obligation of the Company, which is absolute and unconditional, to pay to the Holders of the Notes the principal of, premium,
if any and interest on the Notes as and when the same shall become due and payable in accordance with their terms;

(ii)                  
affect the relative rights of Holders and creditors of the Company other than holders of Senior Indebtedness;

(iii)                
prevent the Trustee or any Holder from exercising its available remedies upon an Event of Default, subject to the rights
of holders of Senior Indebtedness to receive payments or distributions otherwise payable to Holders or the Trustee; or

(iv)               
if the Company fails because of this Section 4.02 to pay principal of, or premium, if any or interest on any of the Notes
on the due date, such failure shall constitute an Event of Default under the Indenture.

(j)          No
right of any holder of Senior Indebtedness to enforce the subordination of the indebtedness evidenced by the Notes shall be impaired
by any act or failure to act by the Company or by its failure to comply with the Indenture.

(k)          The
Trustee may continue to make payments on the Notes until it receives written notice of facts that would cause a payment of principal
of or interest on the Notes to violate this Section 4.02. Only the Company may give the written notice. Notwithstanding anything
herein to the contrary, the Company’s obligation to pay, and the Company’s payment of, the amounts required by Section
7.06 of the Base Indenture are excluded from the operation of this Section 4.02. For the sake of clarity, such payments are not
subordinated to the Company’s Senior Indebtedness.

(l)          Nothing
contained in this Section 4.02 or elsewhere in the Indenture or in any of the Notes shall prevent (a) the Company, at any time
except during the pendency of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of
creditors or other marshalling of assets and liabilities of the Company referred to in Section 4.02(b) hereof or under the conditions
described in Section 4.02(c) or 4.02(d) hereof, from making payments at any time of or on account of the principal of, or premium,
if any or interest on the Notes or on account of the purchase or other acquisition of the Notes, or (b) the application by the
Trustee of any money deposited with it under the Indenture to the payment of or on account of the principal of, or premium, if
any or interest on the Notes or the retention of such payment by the Holders of the Notes, if, at the time of such application
by the Trustee, it did not have knowledge (in accordance with Section 4.02(f) hereof) that such payment would have been prohibited
by the provisions of this Section 4.02.

(m)          Each
Holder of a Note by his acceptance thereof authorizes and directs the Trustee on his behalf to take such action as may be necessary
or appropriate to effectuate the subordination provided in this Section 4.02 and appoints the Trustee his attorney-in-fact for
any and all such purposes.

(n)          Upon
any payment or distribution of assets of the Company referred to in this Section 4.02, the Trustee and the Holders of the Notes
shall be entitled to conclusively rely upon any order or decree entered by any court of competent jurisdiction in which such insolvency,
bankruptcy, receivership, liquidation, reorganization, dissolution, winding up or similar case or proceeding is pending, or a
certificate of the trustee in bankruptcy, receiver, liquidating trustee, custodian, assignee for the benefit of creditors, agent
or other Person making such payment or distribution, delivered to the Trustee or to the Holders of the Notes, for the purpose
of ascertaining the Persons entitled to participate in such payment or distribution, the holders of Senior Indebtedness and other
indebtedness of the Company, the amount thereof or payable thereon, the amount or amounts paid or distributed thereon and all
other facts pertinent thereto or to this Section 4.02.

    	15

    	 

    

Section
4.03              
Trustee’s Relation to Senior Indebtedness. The Trustee in its individual capacity shall be entitled to all
the rights set forth in this Article in respect of any Senior Indebtedness at any time held by it, to the same extent as any other
holder of Senior Indebtedness, and nothing in Article 7 of the Base Indenture or elsewhere in the Indenture shall deprive the
Trustee of any of its rights as such holder. Nothing in this Article shall apply to the Company’s obligations to the Trustee
under Article 7 of the Base Indenture.

With
respect to the holders of Senior Indebtedness, the Trustee undertakes to perform or to observe only such of its covenants and
obligations as are specifically set forth in this Article, and no implied covenants or obligations with respect to the holders
of Senior Indebtedness shall be read into the Indenture against the Trustee. The Trustee shall not be deemed to owe any fiduciary
duty to the holders of Senior Indebtedness and, subject to the provisions of Article 7 of the Base Indenture, the Trustee shall
not be liable to any holder of Senior Indebtedness if it shall pay over or deliver to Holders, the Company or any other Person
money or assets to which any holder of Senior Indebtedness shall be entitled by virtue of this Article or otherwise.

Section
4.04              
Senior Indebtedness Entitled to Rely. Each Holder by accepting a Note acknowledges and agrees that the foregoing
subordination provisions are, and are intended to be, an inducement and a consideration to each holder of any Senior Indebtedness,
whether such Senior Indebtedness was created or acquired before or after the issuance of any Note, to acquire and continue to
hold, or to continue to hold, such Senior Indebtedness. The holders of Senior Indebtedness (including Designated Senior Indebtedness)
shall have the right to rely upon this Article, and no amendment or modification of the provisions contained herein shall diminish
the rights of such holders unless such holders shall have agreed in writing thereto.

Section
4.05              
No Impairment of Subordination. The holders of Senior Indebtedness may extend, renew, increase, modify, amend or
restate the terms of the Senior Indebtedness or any security therefor and release, sell or exchange such Senior Indebtedness or
security and otherwise deal freely with the Company, all without affecting the liabilities and obligations of the parties to this
Indenture or the holders of the Notes.

Article
V

MISCELLANEOUS

Section
5.01              
Trust Indenture Act. This Supplemental Indenture is subject to the provisions of the Trust Indenture Act that are
required to be part of the Indenture and shall, to the extent applicable, be governed by such provisions. If any provision of
this Supplemental Indenture limits, qualifies, or conflicts with a provision of the Trust Indenture Act that is required under
such Act to be a part of and govern this Supplemental Indenture, the latter provision shall control.  If any provision of
this Supplemental Indenture modifies or excludes any provision of the Trust Indenture Act that may be so modified or excluded,
the latter provision shall be deemed to apply to this Supplemental Indenture as so modified or excluded, as the case may be. Whenever
this Supplemental Indenture refers to a provision of the Trust Indenture Act, the provision is incorporated by reference in and
made a part of this Supplemental Indenture.

Section
5.02              
Governing Law. This Supplemental Indenture and the Notes shall be governed by and construed in accordance with the
law of the state of New York without reference to its principles of conflict of laws (other than Section 5-1401 of the New York
General Obligations Law). EACH OF THE PARTIES HERETO IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY
AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF OR RELATING TO THIS INDENTURE, THE NOTES OR THE TRANSACTIONS
CONTEMPLATED HEREBY.

Section
5.03              
Ratification. The Base Indenture, as supplemented and amended by this Supplemental Indenture, is in all respects
ratified and confirmed. The Base Indenture and this Supplemental Indenture shall be read, taken and construed as one and the same
instrument. All provisions in this Supplemental Indenture supersede any conflicting provisions included in the Base Indenture
unless not permitted by law. The Trustee accepts the trusts created by the Base Indenture, as supplemented by this Supplemental
Indenture, and agrees to perform the same upon the terms and conditions of the Base Indenture, as supplemented by this Supplemental
Indenture.

    	16

    	 

    

Section
5.04              
Effectiveness; Duplicate Originals; Severability. The provisions of this Supplemental Indenture shall become effective
as of the date hereof. The parties may execute any number of counterparts of this Supplemental Indenture. Each executed copy shall
be an original, but all of them together represent the same agreement. In case any provision in this Supplemental Indenture or
the Notes shall be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall
not in any way be affected or impaired thereby.

Section
5.05              
USA PATRIOT Act. The parties hereto acknowledge that, in accordance with Section 326 of the USA PATRIOT Act, the
Trustee is required to obtain, verify, and record information that identifies each person or legal entity that establishes a relationship
or opens an account with the Trustee. The parties to this Supplemental Indenture agree that they will provide the Trustee with
such information as it may request in order for the Trustee to satisfy the requirements of the USA PATRIOT Act.

[Signature
page follows]

    	17

    	 

    

[Signature
Page to First Supplemental Indenture]

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

	 	ORIGIN BANCORP, INC.
	 	 	 
	 	By:	/s/ Drake Mills
	 	Name:  	Drake Mills
	 	Title:	Chairman, President and Chief Executive
    Officer

   

	 	U.S. BANK NATIONAL ASSOCIATION,
    as Trustee
	 	 	 
	 	By:	/s/ Wallace Duke
	 	Name:  	Wallace Duke
	 	Title:	Vice President

    	 

    	 

    

EXHIBIT
A

FORM
OF NOTE

THIS
SECURITY AND THE OBLIGATIONS OF THE COMPANY (AS DEFINED HEREIN) AS EVIDENCED HEREBY (1) ARE NOT DEPOSITS WITH OR HELD BY THE COMPANY
AND ARE NOT INSURED OR GUARANTEED BY ANY FEDERAL AGENCY OR INSTRUMENTALITY, INCLUDING, WITHOUT LIMITATION, THE FEDERAL DEPOSIT
INSURANCE CORPORATION, AND (2) ARE SUBORDINATE IN THE RIGHT OF PAYMENT TO THE SENIOR INDEBTEDNESS (AS DEFINED IN THE INDENTURE
IDENTIFIED HEREIN).

GLOBAL
NOTE

THIS
SECURITY IS A GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF THE
DEPOSITARY OR A NOMINEE OF THE DEPOSITARY, WHICH MAY BE TREATED BY THE COMPANY, THE TRUSTEE AND ANY AGENT THEREOF AS OWNER AND
HOLDER OF THIS SECURITY FOR ALL PURPOSES.

UNLESS
AND UNTIL IT IS EXCHANGED IN WHOLE OR IN PART FOR THE INDIVIDUAL SECURITIES REPRESENTED HEREBY, THIS GLOBAL SECURITY MAY NOT BE
TRANSFERRED EXCEPT AS A WHOLE (I) BY THE DEPOSITARY TO A NOMINEE OF THE DEPOSITARY, (II) BY A NOMINEE OF THE DEPOSITARY TO THE
DEPOSITARY OR ANOTHER NOMINEE OF THE DEPOSITARY OR (III) BY A NOMINEE OF THE DEPOSITARY OR THE DEPOSITARY TO A SUCCESSOR DEPOSITARY
OR A NOMINEE OF SUCH SUCCESSOR DEPOSITARY. UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY
TRUST COMPANY TO THE ISSUER OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT AND ANY CERTIFICATE ISSUED IS REGISTERED
IN THE NAME OF CEDE & CO. OR SUCH OTHER NAME AS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY
(AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITARY
TRUST COMPANY), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL SINCE THE REGISTERED
OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

ORIGIN
BANCORP, INC.

4.50%
Fixed-to-Floating Rate Subordinated Notes due 2030

	No.
    1	CUSIP:
    68621T AA0 
	$80,000,000	ISIN:
    US68621TAA07

    	1

    	 

    

ORIGIN
BANCORP, INC., a Louisiana corporation (together with any successor corporation under the Indenture hereinafter referred to, the
“Company”), for value received, hereby promises to pay to CEDE & CO., or its registered assigns, the principal
sum of EIGHTY MILLION DOLLARS ($80,000,000) on November 1, 2030 (the “Stated Maturity Date”), unless redeemed
prior to such date, and to pay interest thereon (i) from and including October 16, 2020, to but excluding November 1, 2025, unless
redeemed prior to such date (such period, the “Fixed Rate Period”), at a rate of 4.50% per annum, payable semi-annually
in arrears on May 1 and November 1 of each year, commencing on May 1, 2021 (each such date, a “Fixed Rate Interest Payment
Date”) and (ii) from and including November 1, 2025 to, but excluding, the Stated Maturity Date, unless redeemed on
or subsequent to November 1, 2025, but prior to the Stated Maturity Date (such period, the “Floating Rate Period”),
at a rate equal to the Benchmark (which is expected to be Three-Month Term SOFR) plus 432 basis points, or such other
rate as may be determined pursuant to the Supplemental Indenture hereinafter referred to, payable quarterly in arrears on February
1, May 1, August 1 and November 1 of each year, commencing on February 1, 2026, and ending on the Stated Maturity Date or earlier
Redemption Date (each such date, a “Floating Rate Interest Payment Date” and, together with each Fixed Rate
Interest Payment Date, each an “Interest Payment Date”). The amount of interest payable on any Fixed Rate Interest
Payment Date during the Fixed Rate Period will be computed on the basis of a 360-day year consisting of twelve 30-day months,
and the amount of interest payable on any Floating Rate Interest Payment Date during the Floating Rate Period will be computed
on the basis of a 360-day year and the actual number of days elapsed. In the event that any scheduled Interest Payment Date or
the Stated Maturity Date for the Notes falls on a day that is not a Business Day, then payment of interest payable on such Interest
Payment Date or of principal and interest payable on the Stated Maturity Date will be paid on the next succeeding day which is
a Business Day (any payment made on such date will be treated as being made on the date that the payment was first due and no
interest on such payment will accrue for the period from and after such scheduled Interest Payment Date). All percentages used
in or resulting from any calculation of Three-Month Term SOFR shall be rounded, if necessary, to the nearest one-hundred-thousandth
of a percentage point, with 0.000005% rounded up to 0.00001%. Dollar amounts resulting from interest calculations will be rounded
to the nearest cent, with one-half cent being rounded upward.

Payment
of the principal of and interest on this Note will be made in such coin or currency of the United States of America as at the
time of payment is legal tender for payment of public and private debts.

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

Unless
the certificate of authentication hereon has been executed by the Trustee referred to on the reverse hereof by manual signature,
this Note shall not be entitled to any benefit under the Indenture or be valid or obligatory for any purpose.

[Signature
page follows.]

    	2

    	 

    

[Signature
Page to Trustee’s Certificate of Authentication]

IN
WITNESS WHEREOF, the Company has caused this Note to be signed manually, electronically or by facsimile by its duly authorized
officer.

	 	ORIGIN BANCORP, INC.
	 	 	 
	 	By:	 
	 	Name:  	 
	 	Title:	 

 

TRUSTEE’S
CERTIFICATE OF AUTHENTICATION

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

	Date of authentication:   	  

	 	 	     
	 	U.S. BANK NATIONAL ASSOCIATION,
    as Trustee
	 	 	   
	 	By:	 
	 	Name:  	 
	 	Title:	 

    	3

    	 

    

REVERSE
OF NOTE

ORIGIN
BANCORP, INC.

4.50%
Fixed-to-Floating Rate Subordinated Notes due 2030

This
Note is one of a duly authorized issue of Securities of the Company of a series designated as the “4.50% Fixed-to-Floating
Rate Subordinated Notes due 2030” (the “Notes”) initially issued in an aggregate principal amount of
$80,000,000 on October 16, 2020.  Such series of Securities has been established pursuant to, and is one of an indefinite
number of series of subordinated debt securities of the Company issued or issuable under and pursuant to the Subordinated Indenture
dated as of October 16, 2020 (the “Base Indenture” and, as the same may from time to time be amended, supplemented
or otherwise modified in accordance therewith, including by the Supplemental Indenture referred to below, the “Indenture”),
between the Company and U.S. Bank National Association, as Trustee (together with any successor trustee, the “Trustee”),
as supplemented and amended by the First Supplemental Indenture dated as of October 16, 2020, between the Company and the Trustee
(the “Supplemental Indenture”), to which Indenture and any other indentures supplemental thereto reference
is hereby made for a statement of the respective rights, limitations of rights, duties and immunities thereunder of the Company,
the Trustee and the Persons in whose names Notes are registered from time to time and of the terms upon which the Notes are, and
are to be, authenticated and delivered. The terms, conditions and provisions of the Notes are those stated in the Indenture, those
made part of the Indenture by reference to the Trust Indenture Act of 1939, as amended (the “Trust Indenture Act”),
and those set forth in this Note. To the extent that the terms, conditions and provisions of this Note modify, supplement or are
inconsistent with those of the Indenture, then the terms, conditions and provisions of this Note shall govern to the extent that
such provisions of this Note are not inconsistent with (i) the provisions of the Supplemental Indenture or (ii) the provisions
made part of the Indenture by reference to the Trust Indenture Act.

All
capitalized terms used in this Note and not defined herein that are defined in the Indenture shall have the meanings assigned
to them in the Indenture. To the extent that any capitalized term used in this Note and defined herein is also defined in the
Indenture but conflicts with the definition provided in the Indenture, the definition of the capitalized term in this Note shall
control.

The
indebtedness of the Company evidenced by the Notes, including the principal thereof, premium, if any, and interest thereon, (i)
to the extent and in the manner set forth in the Indenture, is subordinate and subject in right of payment to the prior payment
in full of all Senior Indebtedness, whether outstanding at the date hereof or hereafter incurred, on the terms and subject to
the terms and conditions set forth in the Indenture, and (ii) shall rank pari passu in right of payment with
all other Securities and with all other unsecured subordinated indebtedness of the Company, whether outstanding at the
date hereof or hereafter issued or incurred, that is not by its terms subordinate and subject in right of payment to the prior
payment in full of debentures, notes, bonds or other evidences of indebtedness of types that include the Notes. Each Holder of
this Note, by the acceptance hereof, agrees to and shall be bound by such provisions of the Indenture and authorizes and directs
the Trustee on such Holder’s behalf to take such actions as may be necessary or appropriate to effectuate the subordination
so provided.

The
Notes are intended to be treated as Tier 2 Capital (or its then-equivalent if the Company were subject to such capital requirement)
for purposes of capital adequacy rules or regulations of the Board of Governors of the Federal Reserve System (or any successor
regulatory authority with jurisdiction over bank holding companies) (the “Federal Reserve”) as applicable to
the Company and as the same may be amended or supplemented from time to time. If an Event of Default with respect to the Notes
shall occur and be continuing, the principal and interest owed on the Notes shall only become due and payable in accordance with
the terms and conditions set forth in Article 6 of the Base Indenture and Section 3.02(m) of the Supplemental Indenture. Accordingly,
the Holder has no right to accelerate the maturity of this Note in the event that the Company fails to pay interest on any of
the Notes, or fails to perform any other obligations under the Notes or in the Indenture that are applicable to the Notes.

    	1

    	 

    

The
Company may, at its option, redeem the Notes, in whole or in part, at a redemption price equal to 100% of the principal amount
of the Notes to be redeemed, plus accrued and unpaid interest (the “Redemption Price”) to, but excluding, the
date of redemption (the “Redemption Date”), on any Interest Payment Date on or after November 1, 2025. The
Company may also, at its option, redeem the Notes before the Stated Maturity Date, in whole, but not in part, at any time, upon
the occurrence of a Redemption Event. Any such redemption will be at a redemption price equal to the Redemption Price to, but
excluding, the Redemption Date fixed by the Company. No redemption of the Notes by the Company prior to the Stated Maturity Date
shall be made without the prior approval of the Federal Reserve if such prior approval is or will be required at the scheduled
Redemption Date. The provisions of Article 3 of the Base Indenture and Section 3.02(g) of the Supplemental Indenture shall apply
to the redemption of any Notes by the Company.

The
Notes are not entitled to the benefit of any sinking fund. The Notes will not be subject to defeasance or covenant defeasance.
The Notes are not convertible into or exchangeable for any other securities or property of the Company or any Subsidiary of the
Company.

In
the event that any payment on the Notes is subject to withholding of any U.S. federal income tax or other tax or assessment (as
a result of a change in law or otherwise), the Company will not pay additional amounts with respect to such tax or assessment.

The
Indenture permits, with certain exceptions as therein provided, the amendment thereof and the modification of the rights and obligations
of the Company and the rights of the Holders at any time by the Company and the Trustee with the consent of the Holders of at
least a majority in principal amount of the outstanding Notes. In certain circumstances, the Indenture permits the amendment of
the Notes or the Indenture without the consent of any Holders. The Indenture also contains provisions permitting the Holders of
specified percentages in principal amount of the Notes at the time outstanding, on behalf of the Holders of all Notes, to waive
compliance by the Company with certain provisions of the Indenture and to waive certain past Defaults under the Indenture and
their consequences. Any such consent or waiver by the Holder of this Note shall be conclusive and binding upon such Holder and
upon all future Holders of this Note and of any Note issued upon the registration of transfer hereof or in exchange therefor or
in lieu hereof, whether or not notation of such consent or waiver is made upon this Note.

As
provided in the Indenture and subject to certain limitations therein set forth, the transfer of this Note is registrable in the
Securities Register described in Section 2.07 of the Base Indenture, upon surrender of this Note for registration of transfer
at the office or agency of the Company in any place where the principal of and interest on this Note are payable, duly endorsed,
or accompanied by a written instrument of transfer in form satisfactory to the Company and the Security Registrar and duly executed,
by the Holder hereof or its attorney duly authorized in writing, and thereupon one or more new Notes, of authorized denominations
and for the same aggregate principal amount, will be issued to the designated transferee or transferees.

The
Notes are issuable only in registered form without coupons in minimum denominations of $1,000 and any integral multiples of $1,000
in excess thereof.

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

This
Security is a global note, represented by one or more permanent global certificates registered in the name of the nominee of The
Depository Trust Company (each a “Global Note” and collectively, the “Global Notes”). Accordingly,
unless and until it is exchanged for individual certificates, this Note may not be transferred except as a whole (i) by The Depository
Trust Company (the “Depositary”) to a nominee of the Depositary, (ii) by a nominee of the Depositary to the
Depositary or another nominee of the Depositary, or (iii) by the Depositary or a nominee of the Depositary to a successor depositary
or any nominee of such successor. Ownership of beneficial interests in this Security will be shown on, and the transfer of that
ownership will be effected only through, records maintained by the applicable Depositary or its nominee (with respect to interests
of persons that have accounts with the Depositary (“Participants”)) and the records of Participants (with respect
to interests of persons other than Participants). Beneficial interests in Notes owned by persons that hold through Participants
will be evidenced only by, and transfers of such beneficial interests with such Participants will be effected only through, records
maintained by such Participants. Except as provided below, owners of beneficial interests in this Note will not be entitled to
have any individual certificates and will not be considered the owners or Holders thereof under the Indenture.

    	2

    	 

    

Except
in the limited circumstances set forth in the Base Indenture, Participants and owners of beneficial interests in the Global Notes
will not be entitled to receive Notes in the form of individual certificates and will not be considered Holders. None of the Company,
the Trustee, the Security Registrar, the Paying Agent or any of their respective agents will be liable for any delay by the Depositary,
its nominee or any direct or indirect Participant in identifying the beneficial owners of the related Notes. The Company, the
Trustee, the Security Registrar, the Paying Agent and each of their respective agents may conclusively rely on, and will be protected
in relying on, instructions from the Depositary or its nominee for all purposes, including with respect to the registration and
delivery, and the respective principal amounts, of the Notes to be issued.

Except
as provided in Article 2 of the Base Indenture or Section 3.02(l) of the Supplemental Indenture, beneficial owners of Global Notes
will not be entitled to receive physical delivery of Notes in the form of individual certificates, and no Global Note will be
exchangeable except for another Global Note of like denomination and tenor to be registered in the name of the Depositary or its
nominee. Accordingly, each person owning a beneficial interest in a Global Note must rely on the procedures of the Depositary
and, if such person is not a Participant, on the procedures of the Participant through which such person owns its interest, to
exercise any rights of a Holder under the Notes.

The
laws of some jurisdictions may require that certain purchasers of securities take physical delivery of those securities in definitive
form. Accordingly, the ability to transfer interests in the Notes represented by a Global Note to those persons may be limited.
In addition, because the Depositary can act only on behalf of its Participants, who in turn act on behalf of persons who hold
interests through Participants, the ability of a person having an interest in Notes represented by a Global Note to pledge or
transfer such interest to persons or entities that do not participate in the Depositary’s system, or otherwise to take actions
in respect of such interest, may be affected by the lack of an individual certificate in respect of such interest. None of the
Company, the Trustee, the Paying Agent and the Security Registrar will have any responsibility or liability for any aspect of
the records relating to or payments made on account of Notes by the Depositary, or for maintaining, supervising or reviewing any
records of the Depositary relating to the Notes.

The
Trustee will act as the Company’s Paying Agent with respect to the Notes through its Corporate Trust Office presently located
at US Bank Global Corporate Trust, 333 Commerce Street, Suite 800, Nashville, Tennessee 37201, Attention Wally Jones. 
The Company may at any time rescind the designation of a Paying Agent, appoint a successor Paying Agent, or approve a change
in the office through which any Paying Agent acts.

Notices
to the Holders of individual certificates will be given to such Holders at their respective addresses in the Register, or in the
case of Global Notes, electronic delivery in accordance with DTC’s applicable procedures.

The
Indenture contains provisions setting forth certain conditions to the institution of proceedings by the Holders of Notes with
respect to the Indenture or for any remedy under the Indenture.

This
Note shall be governed by and construed in accordance with the law of the state of New York without reference to its principles
of conflict of laws (other than Section 5-1401 of the New York General Obligations Law).

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

Pursuant
to a recommendation promulgated by the Committee on Uniform Security Identification Procedures, the Company has caused the CUSIP
number for the Series of Securities of which the Notes are a part to be printed on the Notes as a convenience to the Holders of
the Notes. No representation is made as to the accuracy of such numbers as printed on the Notes and reliance may be placed only
on the other identification numbers printed hereon.

    	3

    	 

    

ASSIGNMENT
FORM

To
assign the within Security, fill in the form below:

I
or we assign and transfer the within Security to:

	 	 	 
	(Insert assignee’s legal name)	 	 
	 	 	 
	 	 	 
	(Insert assignee’s
    social security or tax I.D. number)	 	 
	 	 	 
	 	 	 
	(Print or type assignee’s
    name, address and zip code)	 	 
	 	 	 

and
irrevocably appoint the Trustee as agent to transfer this Security on the books of ORIGIN BANCORP, INC. The agent may substitute
another to act for it.

	Your Signature:	
	 	(Sign exactly as your name appears on
    the other side of this Security)
	 	   
	Your Name:	
	 	   
	Date:	
	 	   
	Signature Guarantee:	
	 	   

SIGNATURE
GUARANTEE

Signatures
must be guaranteed by an “eligible guarantor institution” meeting the requirements of the Security Registrar, which
requirements include membership or participation in the Security Transfer Agent Medallion Program (“STAMP”)
or such other “signature guarantee program” as may be determined by the Security Registrar in addition to, or in substitution
for, STAMP, all in accordance with the Securities Exchange Act of 1934, as amended.Exhibit 10.1

  

  

  

  
    FORM OF VOTING

        AGREEMENT

     

    This Voting Agreement (this “Agreement”) is made as of October 12, 2020, by and among (i) AMCI

        Acquisition Corp., a Delaware corporation (the “Purchaser”), (ii) Advent Technologies Inc., a Delaware corporation (the “Company”), and (iii) the undersigned stockholder (“Holder”) of the Company.  Any capitalized term used but not defined in this
      Agreement will have the meaning ascribed to such term in the Merger Agreement.

     

    WHEREAS, on or about the date hereof, the Purchaser, the Company, AMCI Merger Sub Corp., a Delaware corporation and a wholly-owned subsidiary
      of the Purchaser (“Merger Sub”), and the other parties named therein, have entered into that certain Agreement and Plan of Merger (as amended from time to time in accordance with the terms
      thereof, the “Merger Agreement”), pursuant to which Merger Sub will merge with and into the Company, with the Company continuing as the surviving entity (the “Merger”), and as a result of which, among other matters, all of the issued and outstanding capital stock of the Company as of the Effective Time shall no longer be outstanding and shall automatically be cancelled and
      shall cease to exist, in exchange for the right to receive the Merger Consideration as set forth in the Merger Agreement, all upon the terms and subject to the conditions set forth in the Merger Agreement and in accordance with the applicable
      provisions of the DGCL;

     

    WHEREAS, the Board of Directors of the Company has (a) approved and declared advisable the Merger Agreement, the Ancillary Documents, the
      Merger and the other transactions contemplated by any such documents (collectively, the “Transactions”), (b) determined that the Transactions are fair to and in the best interests of the
      Company and its shareholders (the “Company Shareholders”) and (c) recommended the approval and the adoption by each of the Company Shareholders of the Merger Agreement, the Ancillary
      Documents, the Merger and the other Transactions; and

     

    WHEREAS, as a condition to the willingness of the Purchaser to enter into the Merger Agreement, and as an inducement and in consideration
      therefor, and in view of the valuable consideration to be received by Holder thereunder, and the expenses and efforts to be undertaken by the Purchaser and the Company to consummate the Transactions, the Purchaser, the Company and Holder desire to
      enter into this Agreement in order for Holder to provide certain assurances to the Purchaser regarding the manner in which Holder is bound hereunder to vote any shares of capital stock of the Company which Holder beneficially owns, holds or otherwise
      has voting power (the “Shares”) during the period from and including the date hereof through and including the date on which this Agreement is terminated in accordance with its terms (the “Voting Period”) with respect to the Merger Agreement, the Merger, the Ancillary Documents and the Transactions.

     

    NOW, THEREFORE, in consideration of the premises set forth above, which are incorporated in this Agreement as if fully set forth below, and
      intending to be legally bound hereby, the parties hereby agree as follows:

     

    1.          Covenant to Vote in Favor of Transactions. 
        Holder agrees, with respect to all of the Shares:

     

    
      
        

    

    
    (a)          during the Voting Period, at each meeting of the Company Shareholders or any class or series thereof, and in each
        written consent or resolutions of any of the Company Shareholders in which Holder is entitled to vote or consent, Holder hereby unconditionally and irrevocably agrees to be present for such meeting and vote (in person or by proxy), or consent to
        any action by written consent or resolution with respect to, as applicable, the Shares (i) in favor of, and adopt, the Merger, the Merger Agreement, the Ancillary Documents, any amendments to the Company’s Organizational Documents, and all of the
        other Transactions (and any actions required in furtherance thereof), (ii) in favor of the other matters set forth in the Merger Agreement, and (iii) to vote the Shares in opposition to: (A) any Acquisition Proposal and any and all other proposals
        (x) for the acquisition of the Company, (y) that could reasonably be expected to delay or impair the ability of the Company to consummate the Merger, the Merger Agreement or any of the Transactions, or (z) which are in competition with or
        materially inconsistent with the Merger Agreement or the Ancillary Documents; (B) other than as contemplated by the Merger Agreement, any material change in (x) the present capitalization of the Company or any amendment of the Company’s
        Organizational Documents or (y) the Company’s corporate structure or business; or (C) any other action or proposal involving any Target Company that is intended, or would reasonably be expected, to prevent, impede, interfere with, delay, postpone
        or adversely affect in any material respect the Transactions or would reasonably be expected to result in any of the conditions to the Closing under the Merger Agreement not being fulfilled;

     

    (b)          to execute and deliver all related documentation and take such other action in support of the Merger, the Merger
        Agreement, any Ancillary Documents and any of the Transactions as shall reasonably be requested by the Company or the Purchaser in order to carry out the terms and provision of this Section 1, including, without limitation, (i) execution and delivery to the Company of a Letter of Transmittal and the Transmittal Documents, (ii) delivery of Holder’s Company Certificate(s) (or a Lost Certificate
        Affidavit in lieu of the Company Certificate(s)), duly endorsed for transfer, to the Company and any related documents as may be reasonably requested by the Company or the Purchaser, (iii) any actions by written consent of the Company Shareholders
        presented to Holder, and (vi) any applicable Ancillary Documents (including, if applicable, a Lock-Up Agreement and a Non-Competition Agreement), customary instruments of conveyance and transfer, and any consent, waiver, governmental filing, and
        any similar or related documents;

     

    (c)          not to deposit, and to cause their Affiliates not to deposit, except as provided in this Agreement, any Shares
        owned by Holder or his/her/its Affiliates in a voting trust or subject any Shares to any arrangement or agreement with respect to the voting of such Shares, unless specifically requested to do so by the Company and the Purchaser in connection with
        the Merger Agreement, the Ancillary Documents and any of the Transactions;

     

    (d)          except as contemplated by the Merger Agreement or the Ancillary Documents, make, or in any manner participate in,
        directly or indirectly, a “solicitation” of “proxies” or consents (as such terms are used in the rules of the SEC) or powers of attorney or similar rights to vote, or seek to advise or influence any Person with respect to the voting of, any shares
        of the Company capital stock in connection with any vote or other action with respect to the Transactions, other than to recommend that shareholders of the Company vote in favor of adoption of the Merger Agreement and the Transactions and any other
        proposal the approval of which is a condition to the obligations of the parties under the Merger Agreement (and any actions required in furtherance thereof and otherwise as expressly provided by Section 1
        of this Agreement); and

     

    (e)          to refrain from exercising any dissenters’ rights or rights of appraisal under applicable law at any time with
        respect to the Merger, the Merger Agreement, the Ancillary Documents and any of the Transactions, including pursuant to the DGCL.

     

    2.          Grant of Proxy.
        Holder, with respect to all of the Shares, hereby irrevocably grants to, and appoints, the Purchaser and any designee of the Purchaser that is an Affiliate, officer or director of Purchaser (determined in the Purchaser’s reasonable
        discretion) as Holder’s attorney-in-fact and proxy, with full power of substitution and resubstitution, for and in Holder’s name, to vote, or cause to be voted (including by proxy or written consent, if applicable) any Shares owned (whether
        beneficially or of record) by Holder. The proxy granted by Holder pursuant to this Section 2 is irrevocable for the term of this Agreement and is granted in consideration of the Purchaser entering into this Agreement and the Merger
        Agreement and incurring certain related fees and expenses. Holder hereby affirms that such irrevocable proxy is coupled with an interest by reason of the Merger Agreement and, except upon the termination of this Agreement in accordance with Section

          5(a), is intended to be irrevocable. Holder agrees, until this Agreement is terminated in accordance with Section 5(a), to vote its Shares in accordance with Section 1 above.

     

    
      2

      
        

    

    3.          Other Covenants.

     

    (a)          No Transfers.  Holder agrees that during the Voting Period it shall not, and shall cause its Affiliates not
        to, without the Purchaser’s prior written consent, (A) offer for sale, sell (including short sales), transfer, tender, pledge, encumber, assign or otherwise dispose of (including by gift) (collectively, a “Transfer”), or enter into any contract, option, derivative, hedging or other agreement or arrangement or understanding (including any profit-sharing arrangement) with respect to, or consent to, a Transfer of, any or
        all of the Shares; (B) grant any proxies or powers of attorney with respect to any or all of the Shares; (C) permit to exist any lien of any nature whatsoever (other than those imposed by this Agreement, applicable securities Laws or the Company’s
        Organizational Documents, as in effect on the date hereof) with respect to any or all of the Shares; or (D) take any action that would have the effect of preventing, impeding, interfering with or adversely affecting Holder’s ability to perform its
        obligations under this Agreement.  The Company hereby agrees that it shall not permit any Transfer of the Shares in violation of this Agreement.  Holder agrees with, and covenants to, the Purchaser and the Company that Holder shall not request that
        the Company register the Transfer (book-entry or otherwise) of any certificate or uncertificated interest representing any Shares during the term of this Agreement without the prior written consent of the Purchaser, and the Company hereby agrees
        that it shall not effect any such Transfer.

     

    (b)          Permitted Transfers.  Section 3(a) shall not prohibit a Transfer of Shares by Holder (i) to any 
        family member or trust for the benefit of any family member, (ii) to any stockholder, member or partner of Holder, if an entity, (iii) to any Affiliate of Holder, or (iv) to any person or entity if and to the extent required by any non-consensual
        Order, by divorce decree or by will, intestacy or other similar Applicable Law, so long as, in the case of the foregoing clauses (i), (ii) and (iii), the assignee or transferee agrees to be bound by the terms of this Agreement and executes and
        delivers to the parties hereto a written consent and joinder memorializing such agreement.  During the term of this Agreement, the Company will not register or otherwise recognize the transfer (book-entry or otherwise) of any Shares or any
        certificate or uncertificated interest representing any of Holder’s Shares, except as permitted by, and in accordance with, this Section 3(b).

     

    (c)          Changes to Shares.  In the event of a stock dividend or distribution, or any change in the shares of
        capital stock of the Company by reason of any stock dividend or distribution, stock split, recapitalization, combination, conversion, exchange of shares or the like, the term “Shares” shall be deemed to refer to and include the Shares as well as
        all such stock dividends and distributions and any securities into which or for which any or all of the Shares may be changed or exchanged or which are received in such transaction.  Holder agrees during the Voting Period to notify the Purchaser
        and the Company promptly in writing of the number and type of any additional Shares acquired by Holder, if any, after the date hereof.

     

    (d)          Compliance with Merger Agreement.  Holder agrees to not during the Voting Period take or agree or commit to
        take any action that would make any representation and warranty of Holder contained in this Agreement inaccurate in any material respect.  Holder further agrees that it shall use its commercially reasonable efforts to cooperate with the Purchaser
        to effect the Merger, all other Transactions, the Merger Agreement, the Ancillary Documents and the provisions of this Agreement.  During the Voting Period, Holder shall not authorize or permit any of its Representatives to, directly or indirectly,
        take any action that the Company is prohibited from taking pursuant to Section 5.2 of the Merger Agreement (unless the Purchaser shall have consented thereto).

     

    
      3

      
        

    

    (e)          Registration Statement.  During the Voting Period, Holder agrees to provide to the Purchaser, the Company
        and their respective Representatives any information regarding Holder or the Shares that is reasonably requested by the Purchaser, Company or their respective Representatives for inclusion in the Registration Statement.

     

    (f)          Publicity.  Holder shall not issue any press release or otherwise make any public statements with respect
        to the Transactions or the transactions contemplated herein without the prior written approval of the Company and the Purchaser. Holder hereby authorizes the Company and the Purchaser to publish and disclose in any announcement or disclosure
        required by the SEC, Nasdaq or the Registration Statement (including all documents and schedules filed with the SEC in connection with the foregoing), Holder’s identity and ownership of the Shares and the nature of Holder’s commitments and
        agreements under this Agreement, the Merger Agreement and any other Ancillary Documents.

     

    4.          Representations and Warranties of Holder.  Holder hereby represents
        and warrants to the Purchaser and the Company as follows:

     

    (a)          Binding Agreement.  Holder (i) if a natural person, is of legal age to execute this Agreement and is
        legally competent to do so and (ii) if not a natural person, is (A) a corporation, limited liability company, company or partnership duly organized and validly existing under the laws of the jurisdiction of its organization and (B) has all
        necessary power and authority to execute and deliver this Agreement, to perform its obligations hereunder and to consummate the transactions contemplated hereby.  If Holder is not a natural person, the execution and delivery of this Agreement, the
        performance of its obligations hereunder and the consummation of the transactions contemplated hereby by Holder has been duly authorized by all necessary corporate, limited liability or partnership action on the part of Holder, as applicable.  This
        Agreement, assuming due authorization, execution and delivery hereof by the other parties hereto, constitutes a legal, valid and binding obligation of Holder, enforceable against Holder in accordance with its terms (except as such enforceability
        may be limited by bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and other similar laws of general applicability relating to or affecting creditor’s rights, and to general equitable principles).  Holder understands and
        acknowledges that the Purchaser is entering into the Merger Agreement in reliance upon the execution and delivery of this Agreement by Holder.

     

    (b)          Ownership of Shares.  As of the date hereof, Holder has beneficial ownership over the type and number of
        the Shares set forth under Holder’s name on the signature page hereto, is the lawful owner of such Shares, has the sole power to vote or cause to be voted such Shares, and has good and valid title to such Shares, free and clear of any and all
        pledges, mortgages, encumbrances, charges, proxies, voting agreements, liens, adverse claims, options, security interests and demands of any nature or kind whatsoever, other than those imposed by this Agreement, applicable securities Laws or the
        Company’s Organizational Documents, as in effect on the date hereof.  There are no claims for finder’s fees or brokerage commission or other like payments in connection with this Agreement or the transactions contemplated hereby payable by Holder
        pursuant to arrangements made by Holder.  Except for the Shares and other securities of the Company set forth under Holder’s name on the signature page hereto, as of the date of this Agreement, Holder is not a beneficial owner or record holder of
        any: (i) equity securities of the Company, (ii) securities of the Company having the right to vote on any matters on which the holders of equity securities of the Company may vote or which are convertible into or exchangeable for, at any time,
        equity securities of the Company or (iii) options, warrants or other rights to acquire from the Company any equity securities or securities convertible into or exchangeable for equity securities of the Company.

     

    
      4

      
        

    

    (c)          No Conflicts.  No filing with, or notification to, any
        Governmental Authority, and no consent, approval, authorization or permit of any other person is necessary for the execution of this Agreement by Holder, the performance of its obligations hereunder or the consummation by it of the transactions
        contemplated hereby.  None of the execution and delivery of this Agreement by Holder, the performance of its obligations hereunder or the consummation by it of the transactions contemplated hereby shall (i)
        conflict with or result in any breach of the certificate of incorporation, bylaws or other comparable organizational documents of Holder, if applicable, (ii) result in, or give rise to, a violation or
        breach of or a default under any of the terms of any Contract or obligation to which Holder is a party or by which Holder or any of the Shares or its other assets may be bound, or (iii) violate any
        applicable Law or Order, except for any of the foregoing in clauses (i) through (iii) as would not reasonably be expected to impair Holder’s ability to perform its obligations under this Agreement in any material respect.

     

    (d)          No Inconsistent Agreements.  Holder hereby covenants and agrees that, except for this Agreement, Holder (i)
        has not entered into, nor will enter into at any time while this Agreement remains in effect, any voting agreement or voting trust with respect to the Shares inconsistent with Holder’s obligations pursuant to this Agreement, (ii) has not granted,
        nor will grant at any time while this Agreement remains in effect, a proxy, a consent or power of attorney with respect to the Shares and (iii) has not entered into any agreement or knowingly taken any action (nor will enter into any agreement or
        knowingly take any action) that would make any representation or warranty of Holder contained herein untrue or incorrect in any material respect or have the effect of preventing Holder from performing any of its material obligations under this
        Agreement.

     

    5.          Miscellaneous.

     

    (a)          Termination. Notwithstanding anything to the contrary contained herein,
        this Agreement shall automatically terminate, and none of the Purchaser, the Company or Holder shall have any rights or obligations hereunder, upon the earliest to occur of (i) the mutual written consent of the Purchaser, the Company and Holder,
        (ii) the Effective Time (following the performance of the obligations of the parties hereunder required to be performed at or prior to the Effective Time), and (iii) the date of termination of the Merger Agreement in accordance with its terms.  The
        termination of this Agreement shall not prevent any party hereunder from seeking any remedies (at law or in equity) against another party hereto or relieve such party from liability for such party’s breach of any terms of this Agreement. 
        Notwithstanding anything to the contrary herein, the provisions of this Section 5(a) shall survive the termination of this Agreement.

     

    (b)          Binding Effect; Assignment.  This Agreement and all of the provisions hereof shall be binding upon and
        inure to the benefit of the parties hereto and their respective permitted successors and assigns.  This Agreement and all obligations of Holder are personal to Holder and may not be assigned, transferred or delegated by Holder at any time without
        the prior written consent of the Purchaser and the Company, and any purported assignment, transfer or delegation without such consent shall be null and void ab initio.

     

    (c)          Third Parties.  Nothing contained in this Agreement or in any instrument or document executed by any party
        in connection with the transactions contemplated hereby shall create any rights in, or be deemed to have been executed for the benefit of, any person that is not a party hereto or thereto or a successor or permitted assign of such a party.

     

    
      5

      
        

    

    (d)          Governing Law; Jurisdiction. This Agreement and any dispute or
        controversy arising out of or relating to this Agreement shall be governed by and construed in accordance with the laws of the State of New York, without regard to the conflict of law principles thereof. All Actions arising out of or relating to
        this Agreement shall be heard and determined exclusively in any state or federal court located in New York, New York (or in any appellate courts thereof) (the “Specified Courts”). Each
        party hereto hereby (i) submits to the exclusive jurisdiction of any Specified Court for the purpose of any Action arising out of or relating to this Agreement brought by any party hereto and (ii) irrevocably waives, and agrees not to assert by way
        of motion, defense or otherwise, in any such Action, any claim that it is not subject personally to the jurisdiction of the above-named courts, that its property is exempt or immune from attachment or execution, that the Action is brought in an
        inconvenient forum, that the venue of the Action is improper, or that this Agreement or the transactions contemplated hereby may not be enforced in or by any Specified Court. Each party agrees that a final judgment in any Action shall be conclusive
        and may be enforced in other jurisdictions by suit on the judgment or in any other manner provided by Law. Each party irrevocably consents to the service of the summons and complaint and any other process in any other action or proceeding relating
        to the transactions contemplated by this Agreement, on behalf of itself, or its property, by personal delivery of copies of such process to such party at the applicable address set forth or referred to in Section 5(g). Nothing in this Section

          5(d) shall affect the right of any party to serve legal process in any other manner permitted by applicable law.

     

    (e)          WAIVER OF JURY TRIAL. EACH OF THE PARTIES HERETO HEREBY WAIVES TO THE
        FULLEST EXTENT PERMITTED BY APPLICABLE LAW ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY WITH RESPECT TO ANY ACTION DIRECTLY OR INDIRECTLY ARISING OUT OF, UNDER OR IN CONNECTION WITH THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY. EACH PARTY
        HERETO (i) CERTIFIES THAT NO REPRESENTATIVE OF ANY OTHER PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT, IN THE EVENT OF ANY ACTION, SEEK TO ENFORCE THAT FOREGOING WAIVER AND (ii) ACKNOWLEDGES THAT IT AND THE OTHER
        PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS AGREEMENT BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION 5(e).

     

    (f)          Interpretation. The titles and subtitles used in this Agreement are for convenience only and are not to be
        considered in construing or interpreting this Agreement. In this Agreement, unless the context otherwise requires: (i) any pronoun used shall include the corresponding masculine, feminine or neuter forms, and the singular form of nouns, pronouns
        and verbs shall include the plural and vice versa; (ii) the term “including” (and with correlative meaning “include”) shall be deemed in each case to be followed by the words “without limitation”; (iii) the words “herein,” “hereto,” and “hereby”
        and other words of similar import shall be deemed in each case to refer to this Agreement as a whole and not to any particular section or other subdivision of this Agreement; and (iv) the term “or” means “and/or”. The parties have participated
        jointly in the negotiation and drafting of this Agreement. Consequently, in the event an ambiguity or question of intent or interpretation arises, this Agreement shall be construed as if drafted jointly by the parties hereto, and no presumption or
        burden of proof shall arise favoring or disfavoring any party by virtue of the authorship of any provision of this Agreement.

     

    (g)          Notices. All notices, consents, waivers and other communications
        hereunder shall be in writing and shall be deemed to have been duly given when delivered (i) in person, (ii) by facsimile or other electronic means, with affirmative confirmation of receipt, (iii) one Business Day after being sent, if sent by
        reputable, nationally recognized overnight courier service or (iv) three (3) Business Days after being mailed, if sent by registered or certified mail, pre-paid and return receipt requested, in each case to the applicable party at the following
        addresses (or at such other address for a party as shall be specified by like notice):

     

    
      6

      
        

    

    	
            If to the Purchaser, to:

             

            

            AMCI Acquisition Corp.

            975 Georges Station Road, Suite 900

            Greensburg, PA 15601

            Attn: William Hunter

            Telephone No.: (203) 856-7285

            Email: whunter@amcigroup.com

          	
            with a copy (which will not constitute notice) to:

             

            

            Ellenoff Grossman & Schole LLP

            1345 Avenue of the Americas, 11th Floor

            New York, NY 10105

            Attn:  Stuart Neuhauser, Esq.

                      Matthew A. Gray, Esq.

            Facsimile No.: (212) 370-7889

            Telephone No.: (212) 370-1300

            Email:  sneuhauser@egsllp.com

                         mgray@egsllp.com

          
	
            If to the Company, to:

             

            

            Advent Technologies Inc.

            One Mifflin Place

            119 Mt Auburn Street, Suite 400

            Cambridge, MA 02138

            Attn: James F. Coffey

            Telephone No.: (857) 264-7035

            Email:  jcoffey@advent.energy

          	
            with a copy (which will not constitute notice) to:

             

            

            Ropes & Gray LLP

            1211 Avenue of the Americas

            New York, NY 10036-8704

            Attn:     Carl Marcellino, Esq.

            Paul D. Tropp, Esq.

            Facsimile No.:  (212) 596-9090

            Telephone No.:  (212) 841-0623

            (212) 596-9515

            Email:  Carl.Marcellino@ropesgray.com

                         Paul.Tropp@ropesgray.com

          
	
             

              

            If to Holder, to: the address set forth under Holder’s name on the signature page hereto, with a copy (which will not constitute notice) to, if not the
              party sending the notice, each of the Company and the Purchaser (and each of their copies for notices hereunder).

             

            

          

     

    (h)          Amendments and Waivers. Any term of this Agreement may be amended and the observance of any term of this
        Agreement may be waived (either generally or in a particular instance, and either retroactively or prospectively) only with the written consent of the Purchaser, the Company and the Holder. No failure or delay by a party in exercising any right
        hereunder shall operate as a waiver thereof. No waivers of or exceptions to any term, condition, or provision of this Agreement, in any one or more instances, shall be deemed to be or construed as a further or continuing waiver of any such term,
        condition, or provision.

     

    (i)          Severability. In case any provision in this Agreement shall be held invalid, illegal or unenforceable in a
        jurisdiction, such provision shall be modified or deleted, as to the jurisdiction involved, only to the extent necessary to render the same valid, legal and enforceable, and the validity, legality and enforceability of the remaining provisions
        hereof shall not in any way be affected or impaired thereby nor shall the validity, legality or enforceability of such provision be affected thereby in any other jurisdiction. Upon such determination that any term or other provision is invalid,
        illegal or incapable of being enforced, the parties will substitute for any invalid, illegal or unenforceable provision a suitable and equitable provision that carries out, so far as may be valid, legal and enforceable, the intent and purpose of
        such invalid, illegal or unenforceable provision.

     

    
      7

      
        

    

    (j)          Specific Performance. Holder acknowledges that its obligations under this Agreement are unique, recognizes
        and affirms that in the event of a breach of this Agreement by Holder, money damages will be inadequate and the Company and the Purchaser will not have an adequate remedy at law, and agree that irreparable damage would occur in the event that any
        of the provisions of this Agreement were not performed by Holder in accordance with their specific terms or were otherwise breached. Accordingly, the Company and the Purchaser shall be entitled to an injunction or restraining order to prevent
        breaches of this Agreement by Holder and to enforce specifically the terms and provisions hereof, without the requirement to post any bond or other security or to prove that money damages would be inadequate, this being in addition to any other
        right or remedy to which such party may be entitled under this Agreement, at law or in equity.

     

    (k)          Expenses.  Each party shall be responsible for its own fees and expenses (including the
        fees and expenses of investment bankers, accountants and counsel) in connection with the entering into of this Agreement, the performance of its obligations hereunder and the consummation of the transactions contemplated hereby; provided, that in
        the event of any Action arising out of or relating to this Agreement, the non-prevailing party in any such Action will pay its own expenses and the reasonable documented out-of-pocket expenses, including reasonable attorneys’ fees and costs,
        reasonably incurred by the prevailing party.

     

    (l)          No Partnership, Agency or Joint Venture.  This Agreement is intended to create a
        contractual relationship among Holder, the Company and the Purchaser, and is not intended to create, and does not create, any agency, partnership, joint venture or any like relationship among the parties hereto or among any other Company
        shareholders entering into voting agreements with the Company or the Purchaser.  Holder has acted independently regarding its decision to enter into this Agreement.  Nothing contained in this Agreement shall be deemed to vest in the Company or the
        Purchaser any direct or indirect ownership or incidence of ownership of or with respect to any Shares.

     

    (m)          Further Assurances.  From time to time, at another party’s request and without further consideration, each
        party shall execute and deliver such additional documents and take all such further action as may be reasonably necessary or desirable to consummate the transactions contemplated by this Agreement.

     

    (n)          Entire Agreement. This Agreement (together with the Merger Agreement to the extent referred to herein)
        constitutes the full and entire understanding and agreement among the parties with respect to the subject matter hereof, and any other written or oral agreement relating to the subject matter hereof existing between the parties is expressly
        canceled; provided, that, for the avoidance of doubt, the foregoing shall not affect the rights and obligations of the parties under the Merger Agreement or any Ancillary Document.  Notwithstanding the foregoing, nothing in this Agreement
        shall limit any of the rights or remedies of the Purchaser or any of the obligations of Holder under any other agreement between Holder and the Purchaser or any certificate or instrument executed by Holder in favor of the Purchaser, and nothing in
        any other agreement, certificate or instrument shall limit any of the rights or remedies of the Purchaser or any of the obligations of Holder under this Agreement.

     

    (o)          Counterparts; Facsimile.  This Agreement may also be executed and delivered by facsimile or electronic
        signature or by email in portable document format in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.

     

    [Remainder of Page Intentionally Left Blank; Signature Page Follows]

     

    

    
      8

      
        

    

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

     

    	 	
            The Purchaser:

          
	 	 
	 	
            AMCI ACQUSITION CORP.

          
	 	 	 
	 	
            By:

          	

          
	 	
            Name:

          	 
	 	
            Title:

          	 
	 	 	 
	 	
            The Company:

          
	 	

          
	 	
            ADVENT TECHNOLOGIES INC.

          
	 	 	 
	 	
            By:

          	

          
	 	
            Name:

          	 
	 	
            Title:

          	 

    

    

    
      
        
          {Signature Page to Voting Agreement}

        

      

      
        

    

    	
            Holder:

          	 
	 	 
	
            [

          	]
	 	 	 
	
            By:

          	 	 
	
            Name:

          	 	 
	
            Title:

          	 	 

    

    

    	
            Number and Type of Shares:

          

    

    

    	
            Shares of Company Common Stock:

          	 	 

    

    

    	 	 
	
            Shares of Company Preferred Stock (indicate each series of Company Preferred Stock):

          
	

          	 
	 
	

          	 
	 	 
	
            Address for Notice:

          	 

    

    

    	
            Address:

          	 	 

    

    

    	 	 
	 	 
	 	 

    

    

    	
            Facsimile No.:

          	 	 
	 	 	 
	
            Telephone No.:

          	 	 

    

    

    	
            Email:

          	
            :

          	 

    

    

    

      
        
          {Signature Page to Voting Agreement}

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