Document:

ghmp_ex102.htm

EXHIBIT 10.2
  
  
 REGISTRATION RIGHTS AGREEMENT
  
 REGISTRATION RIGHTS AGREEMENT (this "Agreement"), dated as of August 17, 2022, by and between ACCREDITED SOLUTIONS, INC., a Nevada corporation (the "Company"), and MACRAB LLC, a Florida limited liability company (together with its assigns, the “Investor”). Capitalized terms used herein and not otherwise defined herein shall have the respective meanings set forth in the standby equity commitment agreement by and between the parties hereto, dated as of the date hereof (as amended, restated, supplemented or otherwise modified from time to time, the "Purchase Agreement").
  
 WHEREAS:
  
 The Company has agreed, upon the terms and subject to the conditions of the Purchase Agreement, to sell to the Investor up to Five Million Dollars ($5,000,000.00) of Put Shares (as defined in the Purchase Agreement) and to induce the Investor to enter into the Purchase Agreement, the Company has agreed to provide certain registration rights under the Securities Act of 1933, as amended, and the rules and regulations thereunder, or any similar successor statute (collectively, the "Securities Act"), and applicable state securities laws.
  
 NOW, THEREFORE, in consideration of the promises and the mutual covenants contained herein and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Company and the Investor hereby agree as follows:
  
 1. DEFINITIONS.
  
 As used in this Agreement, the following terms shall have the following meanings:
  
 a. "Investor" shall have the meaning set forth above.
  
 b. "Person" means any individual or entity including but not limited to any corporation, a limited liability company, an association, a partnership, an organization, a business, an individual, a governmental or political subdivision thereof or a governmental agency.
  
 c. "Register," "registered," and "registration" refer to a registration effected by preparing and filing one or more registration statements of the Company in compliance with the Securities Act and/or pursuant to Rule 415 under the Securities Act or any successor rule providing for offering securities on a continuous basis ("Rule 415"), and the declaration or ordering of effectiveness of such registration statement(s) by the United States Securities and Exchange Commission (the "SEC").
  
 d. "Registrable Securities" means all of the Put Shares which have been, or which may, from time to time be issued, including without limitation all of the shares of Common Stock which have been issued or will be issued to the Investor under the Purchase Agreement (without regard to any beneficial ownership limitation therein), the Warrant Shares (as defined in the Purchase Agreement) (the “Warrant Shares”) (without regard to any beneficial ownership limitation therein), and shares of Common Stock issued to the Investor as a result of any stock split, stock dividend, recapitalization, exchange or similar event or otherwise.
  
 e. "Registration Statement" means one or more registration statements of the Company covering only the sale of the Registrable Securities.
  
  	 
	
	

	 

 
  
 2. REGISTRATION.
  
 a. Mandatory Registration. The Company shall, within sixty (60) calendar days from the date of this Agreement, file with the SEC an initial Registration Statement covering the maximum number of Registrable Securities (beginning with the Warrant Shares with respect to Investor) as shall be permitted to be included thereon in accordance with applicable SEC rules, regulations and interpretations so as to permit the resale of such Registrable Securities by the Investor, including but not limited to under Rule 415 under the Securities Act at then prevailing market prices (and not fixed prices), subject to the aggregate number of authorized shares of the Company’s Common Stock then available for issuance in its Certificate of Incorporation. The initial Registration Statement shall register only the Registrable Securities. The Investor and its counsel shall have a reasonable opportunity to review and comment upon such Registration Statement and any amendment or supplement to such Registration Statement and any related prospectus prior to its filing with the SEC, and the Company shall give due consideration to all reasonable comments. The Investor shall furnish all information reasonably requested by the Company for inclusion therein. The Company shall use its reasonable best efforts to have the Registration Statement declared effective by the SEC within one hundred twenty (120) calendar days from the date hereof (or at the earliest possible date if prior to one hundred twenty (120) calendar days from the date hereof), and any amendment declared effective by the SEC at the earliest possible date. The Company shall use reasonable best efforts to keep the Registration Statement effective, including but not limited to pursuant to Rule 415 promulgated under the Securities Act and available for the resale by the Investor of all of the Registrable Securities covered thereby at all times until the earlier of (i) the date as of which the Investor may sell all of the Registrable Securities without restriction pursuant to Rule 144 promulgated under the Securities and (ii) the date on which the Investor shall have sold all the Registrable Securities covered thereby and the Maximum Commitment Amount (as defined in the Purchase Agreement) under the Purchase Agreement has been drawn down by the Company pursuant to a Registration Statement (the "Registration Period"). The Registration Statement (including any amendments or supplements thereto and prospectuses contained therein) shall not contain any untrue statement of a material fact or omit to state a material fact required to be stated therein, or necessary to make the statements therein, in light of the circumstances in which they were made, not misleading. In the event that the Registration Statement becomes stale, the Company shall immediately file one or more post-effective amendments to obtain an effective Registration Statement.
  
 b. Rule 424 Prospectus. The Company shall, as required by applicable securities regulations, from time to time file (in each case, at the earliest possible date) with the SEC, pursuant to Rule 424 promulgated under the Securities Act, the prospectus and prospectus supplements, if any, to be used in connection with sales of the Registrable Securities under the Registration Statement. The Company shall file such initial prospectus covering the Investor’s sale of the Registrable Securities on the same date that the Registration Statement is declared effective by the SEC. The Investor and its counsel shall have a reasonable opportunity to review and comment upon such prospectus prior to its filing with the SEC, and the Company shall give due consideration to all such comments. The Investor shall use its reasonable best efforts to comment upon such prospectus within one (1) Business Day from the date the Investor receives the final pre-filing version of such prospectus.
  
  	 
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 c. Sufficient Number of Shares Registered. In the event the number of shares available under the Registration Statement is insufficient to cover all of the Registrable Securities, the Company shall amend the Registration Statement or file a new Registration Statement (a “New Registration Statement”), so as to cover all of such Registrable Securities (subject to the limitations set forth in Section 2(a)) as soon as practicable, but in any event not later than ten (10) Business Days after the necessity therefor arises, subject to any limits that may be imposed by the SEC pursuant to Rule 415 under the Securities Act. The Company shall use it reasonable best efforts to cause such amendment and/or New Registration Statement to become effective as soon as practicable following the filing thereof. In the event that any of the Put Shares or Warrant Shares are not included in the Registration Statement, or have not been included in any New Registration Statement and the Company files any other registration statement under the Securities Act (other than on Form S-4, Form S-8, or with respect to other employee related plans or rights offerings) (“Other Registration Statement”) then the Company shall include in such Other Registration Statement first all of such Warrant Shares that have not been previously registered, second all of such Put Shares that not have been previously registered, and third any other securities the Company wishes to include in such Other Registration Statement. The Company agrees that it shall not file any such Other Registration Statement unless all of the Registrable Securities have been included in such Other Registration Statement or otherwise have been registered for resale as described above.
  
 d. Offering. If the staff of the SEC (the “Staff”) or the SEC seeks to characterize any offering pursuant to a Registration Statement filed pursuant to this Agreement as constituting an offering of securities that does not permit such Registration Statement to become effective and be used for resales by the Investor under Rule 415 at then-prevailing market prices (and not fixed prices), or if after the filing of the initial Registration Statement with the SEC pursuant to Section 2(a), the Company is otherwise required by the Staff or the SEC to reduce the number of Registrable Securities included in such initial Registration Statement, then the Company shall reduce the number of Registrable Securities to be included in such initial Registration Statement (with the prior consent, which shall not be unreasonably withheld, of the Investor and its legal counsel as to the specific Registrable Securities to be removed therefrom) until such time as the Staff and the SEC shall so permit such Registration Statement to become effective and be used as aforesaid. In the event of any reduction in Registrable Securities pursuant to this paragraph, the Company shall file one or more New Registration Statements in accordance with Section 2(c) until such time as all Registrable Securities have been included in Registration Statements that have been declared effective and the prospectus contained therein is available for use by the Investor. Notwithstanding any provision herein or in the Purchase Agreement to the contrary, the Company’s obligations to register Registrable Securities (and any related conditions to the Investor’s obligations) shall be qualified as necessary to comport with any requirement of the SEC or the Staff as addressed in this Section 2(d).
  
 3. RELATED OBLIGATIONS.
  
 With respect to the Registration Statement and whenever any Registrable Securities are to be registered pursuant to Section 2 including on any New Registration Statement, the Company shall use its reasonable best efforts to effect the registration of the Registrable Securities in accordance with the intended method of disposition thereof and, pursuant thereto, the Company shall have the following obligations:
  
 a. The Company shall prepare and file with the SEC such amendments (including post-effective amendments) and supplements to any registration statement and the prospectus used in connection with such registration statement, which prospectus is to be filed pursuant to Rule 424 promulgated under the Securities Act, as may be necessary to keep the Registration Statement or any New Registration Statement effective at all times during the Registration Period, and, during such period, comply with the provisions of the Securities Act with respect to the disposition of all Registrable Securities of the Company covered by the Registration Statement or any New Registration Statement until such time as all of such Registrable Securities shall have been disposed of in accordance with the intended methods of disposition by the seller or sellers thereof as set forth in such registration statement.
  
 b. The Company shall permit the Investor to review and comment upon the Registration Statement or any New Registration Statement and all amendments and supplements thereto at least two (2) Business Days prior to their filing with the SEC, and not file any document in a form to which Investor reasonably objects. The Investor shall use its reasonable best efforts to comment upon the Registration Statement or any New Registration Statement and any amendments or supplements thereto within two (2) Business Days from the date the Investor receives the final version thereof. The Company shall furnish to the Investor, without charge any correspondence from the SEC or the staff of the SEC to the Company or its representatives relating to the Registration Statement or any New Registration Statement.
  
  	 
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 c. Upon request of the Investor, the Company shall furnish to the Investor, (i) promptly after the same is prepared and filed with the SEC, at least one copy of such registration statement and any amendment(s) thereto, including financial statements and schedules, all documents incorporated therein by reference and all exhibits, (ii) upon the effectiveness of any registration statement, a copy of the prospectus included in such registration statement and all amendments and supplements thereto (or such other number of copies as the Investor may reasonably request) and (iii) such other documents, including copies of any preliminary or final prospectus, as the Investor may reasonably request from time to time in order to facilitate the disposition of the Registrable Securities owned by the Investor. For the avoidance of doubt, any filing available to the Investor via the SEC’s live EDGAR system shall be deemed “furnished to the Investor” hereunder.
  
 d. The Company shall use reasonable best efforts to (i) register and qualify the Registrable Securities covered by a registration statement under such other securities or "blue sky" laws of such jurisdictions in the United States as the Investor reasonably requests, (ii) prepare and file in those jurisdictions, such amendments (including post-effective amendments) and supplements to such registrations and qualifications as may be necessary to maintain the effectiveness thereof during the Registration Period, (iii) take such other actions as may be necessary to maintain such registrations and qualifications in effect at all times during the Registration Period, and (iv) take all other actions reasonably necessary or advisable to qualify the Registrable Securities for sale in such jurisdictions; provided, however, that the Company shall not be required in connection therewith or as a condition thereto to (x) qualify to do business in any jurisdiction where it would not otherwise be required to qualify but for this Section 3(d), (y) subject itself to general taxation in any such jurisdiction, or (z) file a general consent to service of process in any such jurisdiction. The Company shall promptly notify the Investor who holds Registrable Securities of the receipt by the Company of any notification with respect to the suspension of the registration or qualification of any of the Registrable Securities for sale under the securities or "blue sky" laws of any jurisdiction in the United States or its receipt of actual notice of the initiation or threatening of any proceeding for such purpose.
  
 e. As promptly as practicable after becoming aware of such event or facts, the Company shall notify the Investor in writing of the happening of any event or existence of such facts as a result of which the prospectus included in any registration statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading, and promptly prepare a supplement or amendment to such registration statement to correct such untrue statement or omission, and deliver a copy of such supplement or amendment to the Investor (or such other number of copies as the Investor may reasonably request). The Company shall also promptly notify the Investor in writing (i) when a prospectus or any prospectus supplement or post-effective amendment has been filed, and when a registration statement or any post-effective amendment has become effective (notification of such effectiveness shall be delivered to the Investor by email or facsimile on the same day of such effectiveness and by overnight mail), (ii) of any request by the SEC for amendments or supplements to any registration statement or related prospectus or related information, and (iii) of the Company's reasonable determination that a post-effective amendment to a registration statement would be appropriate.
  
  	 
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 f. The Company shall use its reasonable best efforts to prevent the issuance of any stop order or other suspension of effectiveness of any registration statement, or the suspension of the qualification of any Registrable Securities for sale in any jurisdiction and, if such an order or suspension is issued, to obtain the withdrawal of such order or suspension at the earliest possible moment and to notify the Investor of the issuance of such order and the resolution thereof or its receipt of actual notice of the initiation or threat of any proceeding for such purpose.
  
 g. The Company shall (i) cause all the Registrable Securities to be listed on each securities exchange on which securities of the same class or series issued by the Company are then listed, if any, if the listing of such Registrable Securities is then permitted under the rules of such exchange, or (ii) secure designation and quotation of all the Registrable Securities on the Principal Market (as defined in the Purchase Agreement). The Company shall pay all fees and expenses in connection with satisfying its obligation under this Section.
  
 h. The Company shall cooperate with the Investor to facilitate the timely preparation and delivery of the Registrable Securities (not bearing any restrictive legend) either by DWAC, DRS, or in certificated form if DWAC or DRS is unavailable, to be offered pursuant to any registration statement and enable such Registrable Securities to be in such denominations or amounts as the Investor may reasonably request and registered in such names as the Investor may request.
  
 i. The Company shall at all times provide a transfer agent and registrar with respect to its Common Stock.
  
 j. If reasonably requested by the Investor, the Company shall (i) immediately incorporate in a prospectus supplement or post-effective amendment such information as the Investor believes should be included therein relating to the sale and distribution of Registrable Securities, including, without limitation, information with respect to the number of Registrable Securities being sold, the purchase price being paid therefor and any other terms of the offering of the Registrable Securities; (ii) make all required filings of such prospectus supplement or post-effective amendment as soon as practicable upon notification of the matters to be incorporated in such prospectus supplement or post- effective amendment; and (iii) supplement or make amendments to any registration statement.
  
 k. The Company shall use its reasonable best efforts to cause the Registrable Securities covered by any registration statement to be registered with or approved by such other governmental agencies or authorities as may be necessary to consummate the disposition of such Registrable Securities.
  
 l. Within one (1) Business Day after any registration statement which includes the Registrable Securities is ordered effective by the SEC, the Company shall deliver, and shall cause legal counsel for the Company to deliver, to the transfer agent for such Registrable Securities (with copies to the Investor) confirmation that such registration statement has been declared effective by the SEC in the form attached hereto as Exhibit A. Thereafter, if requested by the Investor at any time, the Company shall require its counsel to deliver to the Investor a written confirmation whether or not the effectiveness of such registration statement has lapsed at any time for any reason (including, without limitation, the issuance of a stop order) and whether or not the registration statement is current and available to the Investor for sale of all of the Registrable Securities.
  
 m. The Company shall take all other reasonable actions necessary to expedite and facilitate disposition by the Investor of Registrable Securities pursuant to any registration statement.
  
  	 
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 4. OBLIGATIONS OF THE INVESTOR.
  
 a. The Company shall notify the Investor in writing of the information the Company reasonably requires from the Investor in connection with any registration statement hereunder. The Investor shall furnish to the Company such information regarding itself, the Registrable Securities held by it and the intended method of disposition of the Registrable Securities held by it as shall be reasonably required to effect the registration of such Registrable Securities and shall execute such documents in connection with such registration as the Company may reasonably request.
  
 b. The Investor agrees to cooperate with the Company as reasonably requested by the Company in connection with the preparation and filing of any registration statement hereunder.
  
 c. The Investor agrees that, upon receipt of any notice from the Company of the happening of any event or existence of facts of the kind described in Section 3(f) or the first sentence of 3(e), the Investor will immediately discontinue disposition of Registrable Securities pursuant to any registration statement(s) covering such Registrable Securities until the Investor's receipt of the copies of the supplemented or amended prospectus contemplated by Section 3(f) or the first sentence of 3(e). Notwithstanding anything to the contrary, the Company shall cause its transfer agent to promptly deliver shares of Common Stock without any restrictive legend in accordance with the terms of the Purchase Agreement in connection with any sale of Registrable Securities with respect to which the Investor has entered into a contract for sale prior to the Investor's receipt of a notice from the Company of the happening of any event of the kind described in Section 3(f) or the first sentence of Section 3(e) and for which the Investor has not yet settled.
  
 5. EXPENSES OF REGISTRATION.
  
 All reasonable expenses, other than sales or brokerage commissions, incurred in connection with registrations, filings or qualifications pursuant to Sections 2 and 3, including, without limitation, all registration, listing and qualifications fees, printers and accounting fees, and fees and disbursements of counsel for the Company, shall be paid by the Company.
  
 6. INDEMNIFICATION.
  
 a. To the fullest extent permitted by law, the Company will, and hereby does, indemnify, hold harmless and defend the Investor, each Person, if any, who controls the Investor, the members, the directors, officers, partners, employees, agents, representatives of the Investor and each Person, if any, who controls the Investor within the meaning of the Securities Act or the Securities Exchange Act of 1934, as amended (the "Exchange Act") (each, an "Indemnified Person"), against any losses, claims, damages, liabilities, judgments, fines, penalties, charges, costs, attorneys' fees, amounts paid in settlement or expenses, joint or several, (collectively, "Claims") incurred in investigating, preparing or defending any action, claim, suit, inquiry, proceeding, investigation or appeal taken from the foregoing by or before any court or governmental, administrative or other regulatory agency, body or the SEC, whether pending or threatened, whether or not an indemnified party is or may be a party thereto ("Indemnified Damages"), to which any of them may become subject insofar as such Claims (or actions or proceedings, whether commenced or threatened, in respect thereof) arise out of or are based upon: (i) any untrue statement or alleged untrue statement of a material fact in the Registration Statement, any New Registration Statement or any post-effective amendment thereto or in any filing made in connection with the qualification of the offering under the securities or other "blue sky" laws of any jurisdiction in which Registrable Securities are offered ("Blue Sky Filing"), or the omission or alleged omission to state a material fact required to be stated therein or necessary to make the statements therein not misleading, (ii) any untrue statement or alleged untrue statement of a material fact contained in the final prospectus (as amended or supplemented, if the Company files any amendment thereof or supplement thereto with the SEC) or the omission or alleged omission to state therein any material fact necessary to make the statements made therein, in light of the circumstances under which the statements therein were made, not misleading, (iii) any violation or alleged violation by the Company of the Securities Act, the Exchange Act, any other law, including, without limitation, any state securities law, or any rule or regulation thereunder relating to the offer or sale of the Registrable Securities pursuant to the Registration Statement or any New Registration Statement or (iv) any material violation by the Company of this Agreement (the matters in the foregoing clauses (i) through (iv) being, collectively, "Violations"). The Company shall reimburse each Indemnified Person promptly as such expenses are incurred and are due and payable, for any reasonable legal fees or other reasonable expenses incurred by them in connection with investigating or defending any such Claim. Notwithstanding anything to the contrary contained herein, the indemnification agreement contained in this Section 6(a): (i) shall not apply to a Claim by an Indemnified Person arising out of or based upon a Violation which occurs in reliance upon and in conformity with information about the Investor furnished in writing to the Company by such Indemnified Person expressly for use in connection with the preparation of the Registration Statement, any New Registration Statement or any such amendment thereof or supplement thereto, if such prospectus was timely made available by the Company pursuant to Section 3(c) or Section 3(e); (ii) with respect to any superseded prospectus, shall not inure to the benefit of any such person from whom the person asserting any such Claim purchased the Registrable Securities that are the subject thereof (or to the benefit of any person controlling such person) if the untrue statement or omission of material fact contained in the superseded prospectus was corrected in the revised prospectus, as then amended or supplemented, if such revised prospectus was timely made available by the Company pursuant to Section 3(c) or Section 3(e), and the Indemnified Person was promptly advised in writing not to use the incorrect prospectus prior to the use giving rise to a violation and such Indemnified Person, notwithstanding such advice, used it; (iii) shall not be available to the extent such Claim is based on a failure of the Investor to deliver or to cause to be delivered the prospectus made available by the Company, if such prospectus was timely made available by the Company pursuant to Section 3(c) or Section 3(e); and (iv) shall not apply to amounts paid in settlement of any Claim if such settlement is effected without the prior written consent of the Company, which consent shall not be unreasonably withheld. Such indemnity shall remain in full force and effect regardless of any investigation made by or on behalf of the Indemnified Person and shall survive the transfer of the Registrable Securities by the Investor pursuant to Section 9.
  
  	 
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 b. Promptly after receipt by an Indemnified Person or Indemnified Party under this Section 6 of notice of the commencement of any action or proceeding (including any governmental action or proceeding) involving a Claim, such Indemnified Person or Indemnified Party shall, if a Claim in respect thereof is to be made against any indemnifying party under this Section 6, deliver to the indemnifying party a written notice of the commencement thereof, and the indemnifying party shall have the right to participate in, and, to the extent the indemnifying party so desires, jointly with any other indemnifying party similarly noticed, to assume control of the defense thereof with counsel mutually satisfactory to the indemnifying party and the Indemnified Person or the Indemnified Party, as the case may be; provided, however, that an Indemnified Person or Indemnified Party shall have the right to retain its own counsel with the fees and expenses to be paid by the indemnifying party, if, in the reasonable opinion of counsel retained by the indemnifying party, the representation by such counsel of the Indemnified Person or Indemnified Party and the indemnifying party would be inappropriate due to actual or potential differing interests between such Indemnified Person or Indemnified Party and any other party represented by such counsel in such proceeding. The Indemnified Party or Indemnified Person shall cooperate fully with the indemnifying party in connection with any negotiation or defense of any such action or claim by the indemnifying party and shall furnish to the indemnifying party all information reasonably available to the Indemnified Party or Indemnified Person which relates to such action or claim. The indemnifying party shall keep the Indemnified Party or Indemnified Person fully apprised at all times as to the status of the defense or any settlement negotiations with respect thereto. No indemnifying party shall be liable for any settlement of any action, claim or proceeding effected without its written consent, provided, however, that the indemnifying party shall not unreasonably withhold, delay or condition its consent. No indemnifying party shall, without the consent of the Indemnified Party or Indemnified Person, consent to entry of any judgment or enter into any settlement or other compromise which does not include as an unconditional term thereof the giving by the claimant or plaintiff to such Indemnified Party or Indemnified Person of a release from all liability in respect to such claim or litigation. Following indemnification as provided for hereunder, the indemnifying party shall be subrogated to all rights of the Indemnified Party or Indemnified Person with respect to all third parties, firms or corporations relating to the matter for which indemnification has been made. The failure to deliver written notice to the indemnifying party within a reasonable time of the commencement of any such action shall not relieve such indemnifying party of any liability to the Indemnified Person or Indemnified Party under this Section 6, except to the extent that the indemnifying party is prejudiced in its ability to defend such action.
  
  	 
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 c. The indemnification required by this Section 6 shall be made by periodic payments of the amount thereof during the course of the investigation or defense, as and when bills are received or Indemnified Damages are incurred.
  
 d. The indemnity agreements contained herein shall be in addition to (i) any cause of action or similar right of the Indemnified Party or Indemnified Person against the indemnifying party or others, and (ii) any liabilities the indemnifying party may be subject to pursuant to the law.
  
 7. CONTRIBUTION.
  
 To the extent any indemnification by an indemnifying party is prohibited or limited by law, the indemnifying party agrees to make the maximum contribution with respect to any amounts for which it would otherwise be liable under Section 6 to the fullest extent permitted by law; provided, however, that: (i) no seller of Registrable Securities guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any seller of Registrable Securities who was not guilty of fraudulent misrepresentation; and (ii) contribution by any seller of Registrable Securities shall be limited in amount to the net amount of proceeds received by such seller from the sale of such Registrable Securities.
  
 8. REPORTS AND DISCLOSURE UNDER THE SECURITIES ACTS.
  
 With a view to making available to the Investor the benefits of Rule 144 promulgated under the Securities Act or any other similar rule or regulation of the SEC that may at any time permit the Investor to sell securities of the Company to the public without registration ("Rule 144"), the Company agrees, at the Company’s sole expense, to:
  
 a. make and keep public information available, as those terms are understood and defined in Rule 144;
  
 b. file with the SEC in a timely manner all reports and other documents required of the Company under the Securities Act and the Exchange Act so long as the Company remains subject to such requirements and the filing of such reports and other documents is required for the applicable provisions of Rule 144;
  
 c. furnish to the Investor so long as the Investor owns Registrable Securities, promptly upon request, (i) a written statement by the Company that it has complied with the reporting and or disclosure provisions of Rule 144, the Securities Act and the Exchange Act, (ii) a copy of the most recent annual or quarterly report of the Company and such other reports and documents so filed by the Company, and (iii) such other information as may be reasonably requested to permit the Investor to sell such securities pursuant to Rule 144 without registration; and
  
  	 
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 d. take such additional action as is requested by the Investor to enable the Investor to sell the Registrable Securities pursuant to Rule 144, including, without limitation, delivering all such legal opinions, consents, certificates, resolutions and instructions to the Company’s Transfer Agent as may be requested from time to time by the Investor and otherwise fully cooperate with Investor and Investor’s broker to effect such sale of securities pursuant to Rule 144.
  
 The Company agrees that damages may be an inadequate remedy for any breach of the terms and provisions of this Section 8 and that Investor shall, whether or not it is pursuing any remedies at law, be entitled to equitable relief in the form of a preliminary or permanent injunctions, without having to post any bond or other security, upon any breach or threatened breach of any such terms or provisions.
  
 9. ASSIGNMENT OF REGISTRATION RIGHTS.
  
 The Company shall not assign this Agreement or any rights or obligations hereunder without the prior written consent of the Investor.
  
 10. AMENDMENT OF REGISTRATION RIGHTS.
  
 No provision of this Agreement may be amended or waived by the parties from and after the date that is one Business Day immediately preceding the initial filing of the Registration Statement with the SEC. Subject to the immediately preceding sentence, no provision of this Agreement may be (i) amended other than by a written instrument signed by both parties hereto or (ii) waived other than in a written instrument signed by the party against whom enforcement of such waiver is sought. Failure of any party to exercise any right or remedy under this Agreement or otherwise, or delay by a party in exercising such right or remedy, shall not operate as a waiver thereof.
  
 11. MISCELLANEOUS.
  
 a. A Person is deemed to be a holder of Registrable Securities whenever such Person owns or is deemed to own of record such Registrable Securities. If the Company receives conflicting instructions, notices or elections from two or more Persons with respect to the same Registrable Securities, the Company shall act upon the basis of instructions, notice or election received from the registered owner of such Registrable Securities.
  
 b. Any notices, consents, waivers or other communications required or permitted to be given under the terms of this Agreement must be in writing and will be deemed to have been delivered: (i) upon receipt, when delivered personally; (ii) upon receipt, when sent by email (provided confirmation of transmission is mechanically or electronically generated and kept on file by the sending party); or (iii) one (1) Business Day after deposit with a nationally recognized overnight delivery service, in each case properly addressed to the party to receive the same. The addresses for such communications shall be:
  
  	 
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 If to the Company:
  
 Accredited Solutions, Inc.
 9980 South 300 West, Suite 200
 Sandy, UT 84070
 Email: eric@newlanpllc.com
  
 If to the Investor:
  
 MacRab LLC
 738 Mandalay Grove Ct. 
 Merritt Island, FL 32953
 E-mail: Mmcfarlane@macrab.com
  
 or at such other address and/or email address and/or to the attention of such other person as the recipient party has specified by written notice given to each other party three (3) Business Days prior to the effectiveness of such change. Written confirmation of receipt (A) given by the recipient of such notice, consent, waiver or other communication, (B) mechanically or electronically generated by the sender's email account containing the time, date, recipient email address, as applicable, and an image of the first page of such transmission or (C) provided by a nationally recognized overnight delivery service, shall be rebuttable evidence of personal service, receipt by facsimile or receipt from a nationally recognized overnight delivery service in accordance with clause (i), (ii) or (iii) above, respectively.
  
 c. The corporate laws of the State of Nevada shall govern all issues concerning this Agreement. All other questions concerning the construction, validity, enforcement and interpretation of this Agreement shall be governed by the internal laws of the State of Nevada, without giving effect to any choice of law or conflict of law provision or rule (whether of the State of Nevada or any other jurisdictions) that would cause the application of the laws of any jurisdictions other than the State of Nevada. Each party hereby irrevocably submits to the exclusive jurisdiction of the state courts sitting in the State of Nevada and federal courts sitting in the State of Nevada, for the adjudication of any dispute hereunder or in connection herewith or with any transaction contemplated hereby or discussed herein, and hereby irrevocably waives, and agrees not to assert in any suit, action or proceeding, any claim that it is not personally subject to the jurisdiction of any such court, that such suit, action or proceeding is brought in an inconvenient forum or that the venue of such suit, action or proceeding is improper. Each party hereby irrevocably waives personal service of process and consents to process being served in any such suit, action or proceeding by mailing a copy thereof to such party at the address for such notices to it under this Agreement and agrees that such service shall constitute good and sufficient service of process and notice thereof. Nothing contained herein shall be deemed to limit in any way any right to serve process in any manner permitted by law. If any provision of this Agreement shall be invalid or unenforceable in any jurisdiction, such invalidity or unenforceability shall not affect the validity or enforceability of the remainder of this Agreement in that jurisdiction or the validity or enforceability of any provision of this Agreement in any other jurisdiction.
  
  	 
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 d. This Agreement and the Purchase Agreement constitute the entire agreement among the parties hereto with respect to the subject matter hereof and thereof. There are no restrictions, promises, warranties or undertakings, other than those set forth or referred to herein and therein. This Agreement and the Purchase Agreement supersede all prior agreements and understandings among the parties hereto with respect to the subject matter hereof and thereof.
  
 e. Subject to the requirements of Section 9, this Agreement shall inure to the benefit of and be binding upon the successors and permitted assigns of each of the parties hereto.
  
 f. The headings in this Agreement are for convenience of reference only and shall not limit or otherwise affect the meaning hereof.
  
 g. This Agreement may be executed in identical counterparts, each of which shall be deemed an original but all of which shall constitute one and the same agreement. This Agreement, once executed by a party, may be delivered to the other party hereto by facsimile transmission or by e- mail in a “.pdf” format data file of a copy of this Agreement bearing the signature of the party so delivering this Agreement.
  
 h. Each party shall do and perform, or cause to be done and performed, all such further acts and things, and shall execute and deliver all such other agreements, certificates, instruments and documents, as the other party may reasonably request in order to carry out the intent and accomplish the purposes of this Agreement and the consummation of the transactions contemplated hereby.
  
 i. The language used in this Agreement will be deemed to be the language chosen by the parties to express their mutual intent and no rules of strict construction will be applied against any party.
  
 j. This Agreement is intended for the benefit of the parties hereto and their respective successors and permitted assigns, and is not for the benefit of, nor may any provision hereof be enforced by, any other Person.
  
 * * * * * *
  
  	 
	11
	

	 

 
  
 IN WITNESS WHEREOF, the parties have caused this Agreement to be duly executed as of day and year first above written.
  
  	 	 THE COMPANY:
	
	 	 	 	 
	  
	 ACCREDITED SOLUTIONS, INC.
	  

	  
	  
	  
	  

		By:	 
	
	  
	 Name:
	 Douglas Martin
	 
	 	Title:	 Interim CEO
	 
	 	 	 	 
	  
	 INVESTOR:
	  

	  
	  
	  
	  

	  
	 MACRAB LLC
	  

	  
	  
	  
	  

	  
	 By:
	 
	  

	  
	 Name:
	 Mackey McFarlane
	  

	  
	 Title:
	 Member
	  

 
  
 [Signature Page to registration rights agreement]
  
  	 
	12
	

	 

 
  
 EXHIBIT A
  
 TO REGISTRATION RIGHTS AGREEMENT
  
 FORM OF NOTICE OF EFFECTIVENESS
 OF REGISTRATION STATEMENT
  
 ______, 2022
  
 Equiniti Trust Company
 3200 Cherry Creek Drive South Denver, CO 80209
  
 Re: Effectiveness of Registration Statement Ladies and Gentlemen:
  
 We are counsel to ACCREDITED SOLUTIONS, INC., a Nevada corporation (the “Company”), and have represented the Company in connection with that certain Purchase Agreement, dated as of August 17, 2022 (the “Purchase Agreement”), entered into by and between the Company and MacRab LLC, a Florida limited liability company (the “Investor”) pursuant to which the Company has agreed to issue to the Investor shares of the Company's Common Stock, $0.001 par value (the “Common Stock”), in an amount up to Five Million Dollars ($5,000,000.00) (the “Put Shares”), in accordance with the terms of the Purchase Agreement. In connection with the transactions contemplated by the Purchase Agreement, the Company has registered with the U.S. Securities & Exchange Commission the following shares of Common Stock:
  
 (1)___________, which includes the Put Shares to be issued to the Investor upon purchase from the Company by the Investor from time to time in accordance with the Purchase Agreement and the Warrant Shares (as defined in the Purchase Agreement) (the “Warrant Shares”).
  
 Pursuant to the Purchase Agreement, the Company also has entered into a registration rights agreement, of even date with the Purchase Agreement with the Investor (the “Registration Rights Agreement”) pursuant to which the Company agreed, among other things, to register the Put Shares and Warrant Shares under the Securities Act of 1933, as amended (the “Securities Act”). In connection with the Company's obligations under the Purchase Agreement and the Registration Rights Agreement, on [__], 2022, the Company filed a Registration Statement (File No. 333-[__________]) (the “Registration Statement”) with the Securities and Exchange Commission (the “SEC”) relating to the resale of the Put Shares and the Warrant Shares.
  
 In connection with the foregoing, we advise you that a member of the SEC's staff has advised us by telephone that the SEC has entered an order declaring the Registration Statement effective under the Securities Act at [______] [A.M./P.M.] on [_________], 2022 and we have no knowledge, after telephonic inquiry of a member of the SEC's staff, that any stop order suspending its effectiveness has been issued or that any proceedings for that purpose are pending before, or threatened by, the SEC and the Put Shares and Warrant Shares are available for resale under the Securities Act pursuant to the Registration Statement and may be issued without any restrictive legend.
  
  	 	 Very truly yours,
	
	  
	 [Company Counsel]
	  

	 	 	 	 
		By:		
	  
	  
		 
	  cc: MacRab LLC
	 		 

 
  
  	 
	13Exhibit 4.8

DANIMER SCIENTIFIC, INC.

 

AND

 

_______________________,

TRUSTEE

 

INDENTURE

 

DATED AS OF

 

_______, 2022

 

DEBT SECURITIES

 

     

     

    

 

DANIMER SCIENTIFIC, INC.

RECONCILIATION AND TIE BETWEEN TRUST INDENTURE ACT OF 1939

AND INDENTURE, DATED AS OF _______ ___, 2022

 

	Section of Trust Indenture Act of 1939	 	Section(s) of Indenture
	 	 	 
	§ 310	(a)(1)	 	609
	 	(a)(2)	 	609
	 	(a)(3)	 	Not Applicable
	 	(a)(4)	 	Not Applicable
	 	(a)(5)	 	609
	 	(b)	 	608, 610
	§ 311	(a)	 	613
	 	(b)	 	613
	 	(c)	 	Not Applicable
	§ 312	(a)	 	701, 702 (a)
	 	(b)	 	702 (b)
	 	(c)	 	702 (b)
	§ 313	(a)	 	703 (a)
	 	(b)	 	703 (a)
	 	(c)	 	703 (a)
	 	(d)	 	703 (b)
	§ 314	(a)	 	704, 1005
	 	(b)	 	Not Applicable
	 	(c)(1)	 	103
	 	(c)(2)	 	103
	 	(c)(3)	 	Not Applicable
	 	(d)	 	Not Applicable
	 	(e)	 	103
	§ 315	(a)	 	601 (a)
	 	(b)	 	602
	 	(c)	 	601 (b)
	 	(d)	 	601 (c)
	 	(d)(1)	 	601 (c) (1)
	 	(d)(2)	 	601 (c) (2)
	 	(d)(3)	 	601 (c) (3)
	 	(e)	 	511
	§ 316	(a)(1)(A)	 	505
	 	(a)(1)(B)	 	504
	 	(a)(2)	 	Not Applicable
	 	(a)(last sentence)	 	101
	 	(b)	 	507
	§ 317	(a)(1)	 	503
	 	(a)(2)	 	509
	 	(b)	 	1003
	§ 318	(a)	 	108
	 	(b)	 	Not Applicable
	 	(c)	 	108

 

 

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

 

     

     

    

 

TABLE OF CONTENTS

 

	 	 	Page
	 	 	 
	ARTICLE I DEFINITIONS AND OTHER PROVISIONS OF GENERAL APPLICATION	1
	 	 	 
	SECTION 101.	DEFINITIONS.	1
	SECTION 102.	INCORPORATION BY REFERENCE OF TRUST INDENTURE ACT.	8
	SECTION 103.	COMPLIANCE CERTIFICATES AND OPINIONS.	9
	SECTION 104.	FORM OF DOCUMENTS DELIVERED TO TRUSTEE.	9
	SECTION 105.	ACTS OF HOLDERS; RECORD DATES.	10
	SECTION 106.	NOTICES, ETC., TO TRUSTEE AND COMPANY.	11
	SECTION 107.	NOTICE TO HOLDERS; WAIVER.	11
	SECTION 108.	CONFLICT WITH TRUST INDENTURE ACT.	12
	SECTION 109.	EFFECT OF HEADINGS AND TABLE OF CONTENTS.	12
	SECTION 110.	SUCCESSORS AND ASSIGNS.	12
	SECTION 111.	SEPARABILITY CLAUSE.	12
	SECTION 112.	BENEFITS OF INDENTURE.	12
	SECTION 113.	GOVERNING LAW.	13
	SECTION 114.	LEGAL HOLIDAYS.	13
	SECTION 115.	CORPORATE OBLIGATION.	13
	SECTION 116.	WAIVER OF TRIAL JURY.	13
	SECTION 117.	FORCE MAJEURE.	13
	 	 	 
	ARTICLE II SECURITY FORMS 	13
	 	 	 
	SECTION 201.	FORMS GENERALLY.	13
	SECTION 202.	FORM OF TRUSTEE’S CERTIFICATE OF AUTHENTICATION.	14
	SECTION 203.	SECURITIES IN GLOBAL FORM.	14
	SECTION 204.	BOOK-ENTRY SECURITIES.	15
	 	 	 
	ARTICLE III THE SECURITIES	17
	 	 	 
	SECTION 301.	AMOUNT UNLIMITED; ISSUABLE IN SERIES.	17
	SECTION 302.	DENOMINATIONS.	19
	SECTION 303.	EXECUTION, AUTHENTICATION, DELIVERY AND DATING.	19
	SECTION 304.	TEMPORARY SECURITIES.	20
	SECTION 305.	REGISTRATION, REGISTRATION OF TRANSFER AND EXCHANGE.	21
	SECTION 306.	MUTILATED, DESTROYED, LOST AND STOLEN SECURITIES.	22
	SECTION 307.	PAYMENT OF INTEREST; INTEREST RIGHTS PRESERVED.	23
	SECTION 308.	PERSONS DEEMED OWNERS.	23
	SECTION 309.	CANCELLATION.	23
	SECTION 310.	COMPUTATION OF INTEREST.	24
	SECTION 311.	CUSIP NUMBERS.	24
	 	 	 
	ARTICLE IV SATISFACTION AND DISCHARGE; LEGAL DEFEASANCE AND COVENANT DEFEASANCE	24
	 	 	 
	SECTION 401.	SATISFACTION AND DISCHARGE OF INDENTURE.	24

 

     

     

    

 

	SECTION 402.	OPTION TO EFFECT LEGAL DEFEASANCE
    OR COVENANT DEFEASANCE.	25
	SECTION 403.	LEGAL DEFEASANCE AND DISCHARGE.	25
	SECTION 404.	COVENANT DEFEASANCE.	25
	SECTION 405.	CONDITIONS TO LEGAL OR COVENANT DEFEASANCE.	25
	SECTION 406.	DEPOSITED MONEY AND U.S. GOVERNMENT OBLIGATIONS TO
    BE HELD IN TRUST; OTHER MISCELLANEOUS PROVISIONS.	26
	SECTION 407.	REPAYMENT TO COMPANY.	26
	SECTION 408.	REINSTATEMENT.	26
	 	 	 
	ARTICLE V REMEDIES	27
	 	 	 
	SECTION 501.	EVENTS OF DEFAULT.	297
	SECTION 502.	ACCELERATION.	28
	SECTION 503.	OTHER REMEDIES.	28
	SECTION 504.	WAIVER OF PAST DEFAULTS.	28
	SECTION 505.	CONTROL BY MAJORITY.	28
	SECTION 506.	LIMITATION ON SUITS.	28
	SECTION 507.	RIGHTS OF HOLDERS OF SECURITIES TO RECEIVE PAYMENT.	29
	SECTION 508.	COLLECTION SUIT BY TRUSTEE.	29
	SECTION 509.	TRUSTEE MAY FILE PROOFS OF CLAIM.	29
	SECTION 510.	PRIORITIES.	29
	SECTION 511.	UNDERTAKING FOR COSTS.	29
	 	 	 
	ARTICLE VI THE
    TRUSTEE	30
	 	 	 
	SECTION 601.	CERTAIN DUTIES AND RESPONSIBILITIES.	30
	SECTION 602.	NOTICE OF DEFAULTS.	31
	SECTION 603.	CERTAIN RIGHTS OF TRUSTEE.	31
	SECTION 604.	NOT RESPONSIBLE FOR RECITALS OR ISSUANCE OF SECURITIES.	32
	SECTION 605.	MAY HOLD SECURITIES.	33
	SECTION 606.	MONEY HELD IN TRUST.	33
	SECTION 607.	COMPENSATION AND REIMBURSEMENT.	33
	SECTION 608.	DISQUALIFICATION; CONFLICTING INTERESTS.	34
	SECTION 609.	CORPORATE TRUSTEE REQUIRED; ELIGIBILITY.	34
	SECTION 610.	RESIGNATION AND REMOVAL; APPOINTMENT OF SUCCESSOR.	34
	SECTION 611.	ACCEPTANCE OF APPOINTMENT BY SUCCESSOR.	36
	SECTION 612.	MERGER, CONVERSION, CONSOLIDATION OR SUCCESSION TO
    BUSINESS.	36
	SECTION 613.	PREFERENTIAL COLLECTION OF CLAIMS AGAINST COMPANY.	37
	SECTION 614.	APPOINTMENT OF AUTHENTICATING AGENT.	37
	 	 	 
	ARTICLE VII
    HOLDER’S LISTS AND REPORTS BY TRUSTEE AND COMPANY	39
	 	 	 
	SECTION 701.	COMPANY TO FURNISH TRUSTEE NAMES AND ADDRESSES OF HOLDERS.	39
	SECTION 702.	PRESERVATION OF INFORMATION; COMMUNICATIONS TO HOLDERS.	39
	SECTION 703.	REPORTS BY TRUSTEE.	39
	SECTION 704.	REPORTS BY COMPANY.	39

 

    -ii-

     

    

 

	ARTICLE VIII
    CONSOLIDATION, MERGER, CONVEYANCE, TRANSFER OR LEASE	40
	 	 	 
	SECTION 801.	COMPANY MAY CONSOLIDATE, ETC., ONLY ON CERTAIN TERMS.	40
	SECTION 802.	SUCCESSOR PERSON SUBSTITUTED.	40
	 	 	 
	ARTICLE IX SUPPLEMENTAL
    INDENTURES	41
	 	 	 
	SECTION 901.	WITHOUT CONSENT OF HOLDERS.	4
	SECTION 902.	WITH CONSENT OF HOLDERS.	42
	SECTION 903.	COMPLIANCE WITH TRUST INDENTURE ACT.	43
	SECTION 904.	REVOCATION AND EFFECT OF CONSENTS.	43
	SECTION 905.	NOTATION ON OR EXCHANGE OF SECURITIES.	43
	SECTION 906.	TRUSTEE TO SIGN AMENDMENTS, ETC.	43
	 	 	 
	ARTICLE X COVENANTS	44
	 	 	 
	SECTION 1001.	PAYMENT OF PRINCIPAL, PREMIUM AND INTEREST.	44
	SECTION 1002.	MAINTENANCE OF OFFICE OR AGENCY.	44
	SECTION 1003.	MONEY FOR SECURITIES PAYMENTS TO BE HELD IN TRUST.	44
	SECTION 1004.	EXISTENCE.	45
	SECTION 1005.	STATEMENT BY OFFICERS AS TO DEFAULT.	45
	SECTION 1006.	WAIVER OF CERTAIN COVENANTS.	46
	SECTION 1007.	ADDITIONAL AMOUNTS.	46
	 	 	 
	ARTICLE XI REDEMPTION
    OF SECURITIES	47
	 	 	 
	SECTION 1101.	APPLICABILITY OF ARTICLE.	47
	SECTION 1102.	ELECTION TO REDEEM; NOTICE TO TRUSTEE.	47
	SECTION 1103.	SELECTION BY TRUSTEE OF SECURITIES TO BE REDEEMED.	47
	SECTION 1104.	NOTICE OF REDEMPTION.	48
	SECTION 1105.	DEPOSIT OF REDEMPTION PRICE.	48
	SECTION 1106.	SECURITIES PAYABLE ON REDEMPTION DATE.	48
	SECTION 1107.	SECURITIES REDEEMED IN PART.	49
	SECTION 1108.	PURCHASE OF SECURITIES.	49
	 	 	 
	ARTICLE XII
    SINKING FUNDS	49
	 	 	 
	SECTION 1201.	APPLICABILITY OF ARTICLE.	49
	SECTION 1202.	SATISFACTION OF SINKING FUND PAYMENTS WITH SECURITIES.	50
	SECTION 1203.	REDEMPTION OF SECURITIES FOR SINKING FUND.	50
	 	 	 
	ARTICLE XIII
    MEETINGS OF HOLDERS OF SECURITIES	50
	 	 	 
	SECTION 1301.	PURPOSES FOR WHICH MEETINGS MAY BE CALLED.	50
	SECTION 1302.	CALL, NOTICE AND PLACE OF MEETINGS.	50
	SECTION 1303.	PERSONS ENTITLED TO VOTE AT MEETINGS.	51
	SECTION 1304.	QUORUM; ACTION.	51
	SECTION 1305.	DETERMINATION OF VOTING RIGHTS; CONDUCT AND ADJOURNMENT
    OF MEETINGS.	51
	SECTION 1306. 	COUNTING VOTES AND RECORDING ACTION OF MEETINGS.	52

 

    -iii-

     

    

 

INDENTURE

 

THIS Indenture, dated as of ________ ___, 2022, between
Danimer Scientific, Inc., a corporation duly organized and existing under the laws of the State of Delaware (herein called the “Company”),
having its principal office at 140 Industrial Boulevard, Bainbridge, GA 39817, and _________________, a ________ banking corporation,
as Trustee (herein called the “Trustee”) the office of the Trustee at which at the date hereof its corporate trust business
is principally administered being ______________________.

 

RECITALS OF THE COMPANY

 

The Company has duly authorized the execution and
delivery of this Indenture to provide for the issuance from time to time of its unsecured debentures, notes or other evidences of indebtedness
(herein called the “Securities”), to be issued in one or more series as in this Indenture provided.

 

The Securities of each series will be in such form
as may be established by or pursuant to a Board Resolution or in one or more indentures supplemental hereto, in each case with such appropriate
insertions, omissions, substitutions, and other variations as are required or permitted by this Indenture, and may have such letters,
numbers, or other marks of identification and such legends or endorsements placed thereon as may be required to comply with the rules
of any securities exchange or as may, consistently herewith, be determined by the officers executing such Securities, as evidenced by
their execution of the Securities.

 

This Indenture is subject to the provisions of the
Trust Indenture Act and the rules and regulations of the SEC promulgated thereunder that are required to be part of this Indenture and,
to the extent applicable, shall be governed by such provisions.

 

All things necessary to make this Indenture a valid
agreement of the Company, in accordance with its terms, have been done.

 

NOW, THEREFORE, THIS INDENTURE WITNESSETH:

 

For and in consideration of the premises and the
purchase of the Securities by the Holders thereof, it is mutually covenanted and agreed, for the equal and proportionate benefit of all
Holders of the Securities or of series thereof, as follows:

 

ARTICLE
I

DEFINITIONS AND OTHER PROVISIONS

OF GENERAL APPLICATION

 

SECTION 101. DEFINITIONS.

 

For all purposes of this Indenture, except as otherwise
expressly provided or unless the context otherwise requires:

 

(1) the
terms defined in this Article have the meanings assigned to them in this Article and include the plural as well as the singular;

 

    -1-

     

    

 

(2) all
accounting terms not otherwise defined herein have the meanings assigned to them in accordance with generally accepted accounting principles
in the United States, and, except as otherwise herein expressly provided, the term “generally accepted accounting principles”
with respect to any computation required or permitted hereunder shall mean such accounting principles as are generally accepted in the
United States at the date of such computation; and

 

(3) the
words “herein,” “hereof” and “hereunder” and other words of similar import refer to this Indenture
as a whole and not to any particular Article, Section or other subdivision.

 

Certain terms, used principally in Article V, are
defined in Section 102.

 

“Act” when used with respect to any Holder,
has the meaning specified in Section 105.

 

“Additional Amounts” means any additional
amounts that are required by the express terms of a Security or by or pursuant to a Board Resolution, under circumstances specified therein
or pursuant thereto, to be paid by the Company with respect to certain taxes, assessments or other governmental charges imposed on certain
Holders and that are owing to such Holders.

 

“Affiliate” of any specified Person means
any other Person directly or indirectly controlling or controlled by or under direct or indirect common control with such specified Person.
For the purposes of this definition, “control” 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.

 

“Authenticating Agent” means any Person
authorized by the Trustee to act on behalf of the Trustee pursuant to Section 614 to authenticate Securities of one or more series.

 

“Authorized Newspaper” means a newspaper,
in the English language or in an official language of the country of publication, customarily published on each Business Day, whether
or not published on Saturdays, Sundays or holidays, and of general circulation in the place in connection with which the term is used
or in the financial community of such place. Where successive publications are required to be made in Authorized Newspapers, the successive
publications may be made in the same or in different newspapers in the same city meeting the foregoing requirements and in each case on
any Business Day.

 

“Board of Directors” means

 

(1) with
respect to a corporation, the board of directors of the corporation;

 

(2) with
respect to a partnership, the board of directors of the general partner of the partnership; and

 

(3) with
respect to any other Person, the board or committee of such Person serving a similar function.

 

“Board Resolution” means, with respect
to any Person, a resolution of such Person duly adopted by the Board of Directors of such Person and in full force and effect.

 

“Book-Entry Security” has the meaning
specified in Section 204.

 

    -2-

     

    

 

“Business Day,” when used with respect
to any Place of Payment, means each Monday, Tuesday, Wednesday, Thursday and Friday that is not a day on which banking institutions in
that Place of Payment or the city in which the Corporate Trust Office is located are authorized or obligated by law or executive order
to close.

 

“Capital Lease Obligation” means, at
the time any determination thereof is to be made, the amount of the liability in respect of a capital lease that would at that time be
required to be capitalized on a balance sheet in accordance with GAAP.

 

“Capital Stock” means:

 

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

 

(ii) in
the case of an association or business entity, any and all shares, interests, participations, rights or other equivalents (however designated)
of corporate stock;

 

(iii) in
the case of a partnership or limited liability company, partnership or membership interests (whether general or limited); and

 

(iv) any
other interest or participation that confers on a Person the right to receive a share of the profits and losses of, or distributions of
assets of, the issuing Person.

 

“Company” means the Person named as the
“Company” in the first paragraph of this instrument until a successor Person shall have become such pursuant to the applicable
provisions of this Indenture, and thereafter “Company” shall mean such successor Person.

 

“Company Request” and “Company
Order” mean, respectively, a written request or order signed in the name of the Company by its Chairman of the Board, its President
or a Vice President, and by its Treasurer, an Assistant Treasurer, its Controller, an Assistant Controller, its Secretary or an Assistant
Secretary, and delivered to the Trustee.

 

“Corporate Trust Office” means the office
of the Trustee at which at any particular time its corporate trust business shall be principally administered, which office at the date
hereof is that indicated in the introductory paragraph of this Indenture or such other address as the Trustee may designate from time
to time by notice to the Holders and the Company.

 

“Currency Agreement” means, with respect
to any specified Person, any foreign exchange contract, currency swap agreement or other similar agreement or arrangement designed to
protect such specified Person against fluctuations in currency values.

 

“Default” means an event or condition
the occurrence of which is, or with the lapse of time or the giving of notice or both would be, an Event of Default.

 

“Defaulted Interest” has the meaning
specified in Section 307.

 

“Depositary” means, with respect to the
Securities of any series issuable or issued in the form of a global Security, the Person designated as Depositary by the Company pursuant
to Section 301 until a successor Depositary shall have become such pursuant to the applicable provisions of this Indenture, and thereafter
“Depositary” shall mean or include each Person who is then a Depositary hereunder, and if at any time there is more than one
such person, “Depositary” as used with respect to the Securities of any series shall mean the Depositary with respect to the
Securities of that series.

 

    -3-

     

    

 

“Dollar” or “$” means a dollar
or other equivalent unit in such coin or currency of the United States as at the time shall be legal tender for the payment of public
and private debts.

 

“Event of Default” has the meaning specified
in Section 501.

 

“GAAP” means generally accepted accounting
principles set forth in the opinions and pronouncements of the Accounting Principles Board of the American Institute of Certified Public
Accountants and statements and pronouncements of the Financial Accounting Standards Board or in such other statements by such other entity
as may be approved by a significant segment of the accounting profession of the United States of America, as in effect as of the date
of issuance of Securities.

 

“Guarantee” means a guarantee (other
than by endorsement of negotiable instruments for collection in the ordinary course of business), direct or indirect, in any manner (including,
without limitation, by way of a pledge of assets or through letters of credit or reimbursement agreements), of all or any part of Indebtedness.

 

“Guarantor” means any Subsidiary that
incurs a Guarantee.

 

“Hedging Agreement” means, with respect
to any Person, any agreement with respect to the hedging of price risk associated with the purchase of commodities used in the business
of such Person, so long as any such agreement has been entered into in the ordinary course of business and not for purposes of speculation.

 

“Holder” when used with respect to any
Security, means the Person in whose name the Security is registered in the Security Register.

 

“Indebtedness” means, with respect to
any specified Person, any indebtedness of such Person, whether or not contingent, in respect of:

 

(1) borrowed
money;

 

(2) evidenced
by bonds, notes, debentures or similar instruments or letters of credit (or reimbursement agreements in respect thereof) (other than obligations
with respect to letters of credit securing obligations (other than obligations described in clause (1), (2) and (4) of this definition)
entered into in the ordinary course of business of such Person to the extent that such letters of credit are not drawn upon);

 

(3) banker’s
acceptances;

 

(4) any
Capital Lease Obligations;

 

(5) the
balance deferred and unpaid of the purchase price of any property, except any such balance that constitutes an accrued expense or trade
payable incurred in the ordinary course of business; or

 

(6) any
Hedging Agreements,

 

if and to the extent any of the preceding items (other than letters
of credit and Hedging Agreements) would appear as a liability upon a balance sheet of the specified Person prepared in accordance with
GAAP. In addition, the term “Indebtedness” includes all Indebtedness of others secured by a Lien on any asset of the specified
Person (whether or not such Indebtedness is assumed by the specified Person) and, to the extent not otherwise included, the guarantee
by the specified Person of any indebtedness of any other Person.

 

    -4-

     

    

 

The amount of any Indebtedness outstanding as of
any date shall be:

 

(1) the
accreted value thereof, in the case of any Indebtedness issued with original issue discount; and

 

(2) the
principal amount thereof, together with any interest thereon that is more than 30 days past due, in the case of any other Indebtedness.

 

“Indenture” means this instrument as
originally executed or as it may from time to time be supplemented or amended by one or more indentures supplemental hereto entered into
pursuant to the applicable provisions hereof and shall include the terms of particular series of Securities established as contemplated
by Section 301 and the provisions of the Trust Indenture Act that are deemed to be a part of and govern this instrument.

 

“Interest Payment Date,” means the Stated
Maturity of an installment of interest on such Security.

 

“Interest Swap Obligations,” means the
obligations of any Person pursuant to any arrangement with any other Person, whereby directly or indirectly, such Person is entitled to
receive from time to time periodic payments calculated by applying either a floating or a fixed rate of interest on a stated notional
amount in exchange for periodic payments made by such other Person calculated by applying a fixed or a floating rate of interest on the
same notional amount and shall include, without limitation, interest rate swaps, options, caps, floors, collars and similar agreements.

 

“Lien” means any lien, mortgage, deed
of trust, pledge, security interest, charge or encumbrance of any kind (including any conditional sale or other title retention agreement,
any lease in the nature thereof and any agreement to give any security interest).

 

“Maturity,” when used with respect to
any Security, means the date on which the principal of such Security or an installment of principal becomes due and payable as therein
or herein provided, whether at the Stated Maturity or by declaration of acceleration, call for redemption or otherwise.

 

“Officers’ Certificate” means a
certificate signed by the Chairman of the Board, the President or a Vice President, and by the Treasurer, the Controller, the Secretary
or an Assistant Treasurer, Assistant Controller or Assistant Secretary, of the Company, and delivered to the Trustee, which certificate
shall be in compliance with Section 103 hereof.

 

“Opinion of Counsel” means a written
opinion of counsel, who may be counsel for or an employee of the Company, rendered, if applicable, in accordance with Section 314(c) of
the Trust Indenture Act, which opinion shall be in compliance with Section 103 hereof.

 

“Original Issue Discount Security” means
any Security that provides for an amount less than the principal amount thereof to be due and payable upon a declaration of acceleration
of the Maturity thereof pursuant to Section 502.

 

    -5-

     

    

 

“Outstanding” when used with respect
to Securities, means, as of the date of determination, all Securities theretofore authenticated and delivered under this Indenture, except:

 

(i) Securities
theretofore cancelled by the Trustee or delivered to the Trustee for cancellation;

 

(ii) Securities
for whose payment or redemption money in the necessary amount has been theretofore irrevocably deposited with the Trustee or any Paying
Agent (other than the Company) in trust or set aside and segregated in trust by the Company (if the Company shall act as its own Paying
Agent) for the Holders of such Securities; provided that, if such Securities are to be redeemed, notice of such redemption has
been duly given pursuant to this Indenture or provision therefor satisfactory to the Trustee has been made; and

 

(iii) Securities
that have been paid pursuant to Section 306 or in exchange for or in lieu of which other Securities have been authenticated and delivered
pursuant to this Indenture, other than any such Securities in respect of which there shall have been presented to the Trustee proof satisfactory
to it that such Securities are held by a bona fide purchaser in whose hands such Securities are valid obligations of the Company;

 

provided, however, that in determining whether the Holders of
the requisite principal amount of the Outstanding Securities have given any request, demand, authorization, direction, notice, consent
or waiver hereunder, or whether a quorum is present at a meeting of Holders of Securities, (a) the principal amount of an Original Issue
Discount Security that shall be deemed to be Outstanding for such purposes shall be the principal amount thereof that would be due and
payable as of the date of such determination upon acceleration of the Maturity thereof pursuant to Section 502, (b) the principal amount
of a Security denominated in a foreign currency shall be the U.S. Dollar equivalent, determined by the Company on the date of original
issuance of such Security, of the principal amount (or, in the case of an Original Issue Discount Security, the U.S. Dollar equivalent,
determined on the date of original issuance of such Security, of the amount determined as provided in (a) above), of such Security and
(c) Securities owned by the Company or any other obligor upon the Securities or any Affiliate of the Company or of such other obligor
shall be disregarded and deemed not to be Outstanding, except that, in determining whether the Trustee shall be protected in relying upon
any such request, demand, authorization, direction, notice, consent or waiver or upon any such determination as to the presence of a quorum,
only Securities which the Trustee knows to be so owned shall be so disregarded. Securities so owned which have been pledged in good faith
may be regarded as Outstanding if the pledgee establishes to the satisfaction of the Trustee the pledgee’s right so to act with
respect to such Securities and that the pledgee is not the Company or any other obligor upon the Securities or any Affiliate of the Company
or of such other obligor.

 

“Paying Agent” means any Person, which
may include the Company, authorized by the Company to pay the principal of (and premium, if any) or interest on any one or more series
of Securities on behalf of the Company.

 

“Person” means an individual, partnership,
corporation, limited liability company, unincorporated organization, trust or joint venture, or a governmental agency or political subdivision
thereof.

 

“Place of Payment” when used with respect
to the Securities of any series, means the place or places where the principal of (and premium, if any) and interest on the Securities
of that series are payable as specified in accordance with Section 301 subject to the provisions of Section 1002.

 

“Post-Petition Interest” means any interest
that accrues after the commencement of any case, proceeding or other action relating to the bankruptcy, insolvency or reorganization of
the Company (or would accrue but for the operation of applicable bankruptcy or insolvency laws), whether or not such interest is allowed
or allowable as a claim in any such proceeding.

 

    -6-

     

    

 

“Predecessor Security” of any particular
Security means every previous Security evidencing all or a portion of the same debt as that evidenced by such particular Security; and,
for the purposes of this definition, any Security authenticated and delivered under Section 306 in exchange for or in lieu of a mutilated,
destroyed, lost or stolen Security shall be deemed to evidence the same debt as the mutilated, destroyed, lost or stolen Security.

 

“Redemption Date” when used with respect
to any Security to be redeemed, means the date fixed for such redemption by or pursuant to this Indenture.

 

“Redemption Price” when used with respect
to any Security to be redeemed, means the price at which it is to be redeemed pursuant to this Indenture.

 

“Registered Security” means any Security
in the form established pursuant to Section 201 which is registered in the Security Register.

 

“Regular Record Date” for the interest
payable on any Interest Payment Date on the Registered Securities of any series means the date specified for that purpose as contemplated
by Section 301, or, if not so specified, the last day of the calendar month preceding such Interest Payment Date if such Interest Payment
Date is the fifteenth day of the calendar month or the fifteenth day of the calendar month preceding such Interest Payment Date if such
Interest Payment Date is the first day of a calendar month, whether or not such day shall be a Business Day.

 

“Responsible Officer” when used with
respect to the Trustee, means any officer within the corporate trust department of the Trustee including any vice-president, assistant
vice-president, assistant treasurer, trust officer or any other officer who customarily performs functions similar to those performed
by the Persons who at the time shall be such officers who have direct responsibility for the administration of the Indenture and also
means, with respect to a particular corporate trust matter, any other officer to whom such matter is referred because of his knowledge
of and familiarity with the particular subject.

 

“Securities” has the meaning stated in
the first recital of this Indenture and more particularly means any Securities authenticated and delivered under this Indenture.

 

“Security Register” and “Security
Registrar” have the respective meanings specified in Section 305.

 

“Special Record Date” for the payment
of any Defaulted Interest on the Registered Securities of any series means a date fixed by the Trustee pursuant to Section 307.

 

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

 

“Subsidiary” means, with respect to any
specified Person:

 

(i) any
corporation of which the outstanding Capital Stock having at least a majority of the votes entitled to be cast in the election of directors
under ordinary circumstances shall at the time be owned, directly or indirectly by such Person; or

 

(ii) any
other Person of which at least a majority of the voting interest under ordinary circumstances is at the time, directly or indirectly,
owned by such Person.

 

    -7-

     

    

 

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

 

“Trust Indenture Act” means the Trust
Indenture Act of 1939 as in force at the date as of which this instrument was executed, except as provided in Section 903.

 

“United States” means the United States
of America (including the States and the District of Columbia) and its “possessions,” which include Puerto Rico, the U.S.
Virgin Islands, Guam, American Samoa, Wake Island and the Northern Mariana Islands.

 

“United States Alien” means any Person
who, for United States federal income tax purposes, is a foreign corporation, a nonresident alien individual, a nonresident alien or foreign
fiduciary of an estate or trust, or a foreign partnership.

 

“U.S. Government Obligations” means direct
noncallable obligations of, or noncallable obligations the payment of principal of and interest on which is guaranteed by, the United
States of America, or to the payment of which obligations or guarantees the full faith and credit of the United States of America is pledged,
or beneficial interests in a trust the corpus of which consists exclusively of money or such obligations or a combination thereof.

 

“Vice President” when used with respect
to the Company or the Trustee, means any vice president, whether or not designated by a number or a word or words added before or after
the title “vice president”.

 

“Wholly Owned Subsidiary” of any Person
means any Subsidiary of such Person of which all the outstanding voting securities (other than in the case of a Restricted Subsidiary
that is incorporated in a jurisdiction other than a State in the United States of America or the District of Columbia, directors’
qualifying shares or an immaterial amount of shares required to be owned by other Persons pursuant to applicable law) are owned by such
Person or any Wholly Owned Subsidiary of such Person.

 

“Yield to Maturity” when used with respect
to any Original Issue Discount Security, means the yield to maturity, if any, set forth on the face thereof.

 

SECTION 102. INCORPORATION BY
REFERENCE OF TRUST INDENTURE ACT.

 

Whenever this Indenture refers to a provision of
the Trust Indenture Act, the provision is incorporated by reference in and made a part of this Indenture. The following Trust Indenture
Act terms used in this Indenture have the following meanings:

 

“Bankruptcy Act” means the Bankruptcy
Act or Title 11 of the United States Code, as amended.

 

“indenture securities” means the Securities.

 

“indenture securityholder” means a Holder.

 

“indenture to be qualified” means this
Indenture.

 

    -8-

     

    

 

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

 

“obligor” on the indenture securities
means the Company or any other obligor on the Securities.

 

All terms used in this Indenture that are defined
by the Trust Indenture Act, defined by Trust Indenture Act reference to another statute or defined by SEC rule under the Trust Indenture
Act and not otherwise defined herein have the meanings assigned to them therein.

 

SECTION 103. COMPLIANCE
CERTIFICATES AND OPINIONS.

 

Except as otherwise expressly provided by this Indenture,
upon any application or request by the Company to the Trustee to take any action under any provision of this Indenture, the Company shall
furnish to the Trustee an Officers’ Certificate stating that all conditions precedent, if any (including any covenants the compliance
with which constitutes a condition precedent), provided for in this Indenture relating to the proposed action have been complied with
and an Opinion of Counsel stating that in the opinion of such counsel all such conditions precedent, if any (including any covenants the
compliance with which constitutes a condition precedent), have been complied with, except that in the case of any such application or
request as to which the furnishing of such documents is specifically required by any provision of this Indenture relating to such particular
application or request, no additional certificate or opinion need be furnished.

 

Every certificate or opinion with respect to compliance
with a condition or covenant provided for in this Indenture shall include

 

(1) a
statement that each Person signing such certificate or opinion has read such covenant or condition and the definitions herein relating
thereto;

 

(2) a
brief statement as to the nature and scope of the examination or investigation upon which the statements or opinions contained in such
certificate or opinion are based;

 

(3) a
statement that, in the opinion of each such Person, such Person has made such examination or investigation as is necessary to enable such
Person to express an informed opinion as to whether or not such covenant or condition has been complied with; and

 

(4) a
statement as to whether or not, in the opinion of each such Person, such condition or covenant has been complied with.

 

SECTION 104. FORM OF
DOCUMENTS DELIVERED TO TRUSTEE.

 

In any case where several matters are required to
be certified by, or covered by an opinion of, any specified Person, it is not necessary that all such matters be certified by, or covered
by the opinion of, only one such Person, or that they be so certified or covered by only one document, but one such Person may certify
or give an opinion with respect to some matters and one or more other such Persons as to other matters, and any such Person may certify
or give an opinion as to such matters in one or several documents.

 

    -9-

     

    

 

Any certificate or opinion of an officer of the Company
may be based, insofar as it relates to legal matters, upon a certificate or opinion of, or representations by, counsel, unless such officer
knows, or in the exercise of reasonable care should know, that the certificate or opinion or representations with respect to the matters
upon which his certificate or opinion is based are erroneous. Any such certificate or Opinion of Counsel may be based, insofar as it relates
to factual matters, upon a certificate or opinion of, or representations by, an officer or officers of the Company stating that the information
with respect to such factual matters is in the possession of the Company, unless such counsel knows, or in the exercise of reasonable
care should know, that the certificate or opinion or representations with respect to such matters are erroneous.

 

Where any Person is required to make, give or execute
two or more applications, requests, consents, certificates, statements, opinions or other instruments under this Indenture, they may,
but need not, be consolidated and form one instrument.

 

SECTION 105. ACTS OF HOLDERS;
RECORD DATES.

 

(1) Any
request, demand, authorization, direction, notice, consent, waiver or other action provided by this Indenture to be given or taken by
Holders may be embodied in and evidenced by one or more instruments of substantially similar tenor signed by such Holders in person or
by an agent duly appointed in writing. Except as herein otherwise expressly provided, such action shall become effective when such instrument
or instruments or record or both are delivered to the Trustee and, where it is hereby expressly required, to the Company. Such instrument
or instruments and any such record (and the action embodied therein and evidenced thereby) are herein sometimes referred to as the “Act”
of the Holders signing such instrument or instruments and so voting at any such meeting. Proof of execution of any such instrument or
of a writing appointing any such agent, or the holding of any Person of a Security, shall be sufficient for any purpose of this Indenture
and (subject to Section 601) conclusive in favor of the Trustee and the Company, if made in the manner provided in this Section. The record
of any meeting of Holders of Securities shall be proved in the manner provided in Section 1306.

 

The Company may set in advance a record date for
purposes of determining the identity of Holders of Registered Securities entitled to vote or consent to any action by vote or consent
authorized or permitted under this Indenture. If not set by the Company prior to the first solicitation of a Holder of Registered Securities
of such series made by any Person in respect of any such action, or in the case of any such vote, prior to such vote, the record date
for any such action or vote shall be the later of 30 days prior to such first solicitation of such consent or the date of the most recent
list of Holders furnished to the Trustee prior to such solicitation. If a record date is fixed, those Persons who were Holders of Outstanding
Registered Securities at such record date (or their duly designated proxies), and only those Persons, shall be entitled with respect to
such Securities to take such action by vote or consent or to revoke any vote or consent previously given, whether or not such Persons
continue to be Holders after such record date. Promptly after any record date is set pursuant to this paragraph, the Company, at its own
expense, shall cause notice thereof to be given to the Trustee in writing in the manner provided in Section 106 and to the relevant Holders
as set forth in Section 107.

 

(2) The
fact and date of the execution by any Person of any such instrument or writing may be proved by the affidavit of a witness of such execution
or by a certificate of a notary public or other officer authorized by law to take acknowledgments of deeds, certifying that the individual
signing such instrument or writing acknowledged to him the execution thereof. Where such execution is by a signer acting in a capacity
other than his individual capacity, such certificate or affidavit shall also constitute sufficient proof of his authority. The fact and
date of the execution of any such instrument or writing, or the authority of the Person executing the same, may also be proved in any
other manner which the Trustee deems sufficient.

 

    -10-

     

    

 

(3) The
principal amount and serial numbers of Registered Securities held by any Person, and the date of holding the same, shall be proved by
the Security Register.

 

(4) Any
request, demand, authorization, direction, notice, consent, waiver or other Act of the Holder of any Security shall bind every future
Holder of the same Security and the Holder of every Security issued upon the registration of transfer thereof or in exchange therefor
or in lieu thereof in respect of anything done, omitted or suffered to be done by the Trustee or the Company in reliance thereon, whether
or not notation of such action is made upon such Security. Any Holder or subsequent Holder may revoke the request, demand, authorization,
direction, notice, consent or other Act as to his Security or portion of his Security; provided, however, that such revocation
shall be effective only if the Trustee receives the notice of revocation before the date the Act becomes effective.

 

SECTION 106. NOTICES, ETC.,
TO TRUSTEE AND COMPANY.

 

Any request, demand, authorization, direction, notice,
consent, waiver or Act of Holders or other document provided or permitted by this Indenture to be made upon, given or furnished to, or
filed with,

 

(1) the
Trustee by any Holder or by the Company shall be sufficient for every purpose hereunder if made, given, furnished or filed in writing
to or with the Trustee at its Corporate Trust Office, Attention: Corporate Trust Administration, or

 

(2) the
Company by the Trustee or by any Holder shall be sufficient for every purpose hereunder (unless otherwise herein expressly provided) if
in writing and mailed, first-class postage prepaid, to the Company addressed to it at the address of its principal office specified in
the first paragraph of this Indenture or at any other address previously furnished in writing to the Trustee by the Company, Attention:
Corporate Secretary.

 

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

 

All notices and communications (other than those
sent to the Trustee) shall be deemed to have been duly given: at the time delivered by hand, if personally delivered; five Business Days
after being deposited in the mail, postage prepaid, if mailed; when receipt acknowledged, if telecopied; and the next Business Day after
timely delivery to the courier, if sent by overnight air courier guaranteeing next-day delivery. All notices and communications to the
Trustee shall be deemed duly given and effective only upon receipt.

 

Any notice or communication to a Holder shall be
mailed by first class mail, certified or registered, return receipt requested, or by overnight air courier guaranteeing next-day delivery
to its address shown on the Security Register. Any notice or communication shall also be so mailed to any Person described in TIA Section
313(c), to the extent required by the TIA. Failure to mail a notice or communication to a Holder or any defect in it shall not affect
its sufficiency with respect to other Holders.

 

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

 

If the Company mails a notice or communication to
Holders, it shall mail a copy to the Trustee and each Agent at the same time.

 

SECTION 107. NOTICE TO
HOLDERS; WAIVER.

 

Where this Indenture provides for notice to Holders
of Securities of any event, such notice shall be sufficiently given (unless otherwise herein expressly provided) if in writing and mailed,
first-class postage prepaid, to each Holder affected by such event, at the address of such Holder as it appears in the Security Register,
not later than the latest date, and not earlier than the earliest date, prescribed for the giving of such notice.

 

    -11-

     

    

 

In case by reason of the suspension of regular mail
service, or by reason of any other cause it shall be impracticable to give such notice to Holders of Registered Securities by mail, then
such notification as shall be made with the approval of the Trustee shall constitute a sufficient notification for every purpose hereunder.
In any case in which notice to Holders of Registered Securities is given by mail, neither the failure to mail such notice, nor any defect
in any notice so mailed, to any particular Holder of a Registered Security, shall affect the sufficiency of such notice with respect to
other Holders of Registered Securities.

 

Where this Indenture provides for notice in any manner,
such notice may be waived in writing by the Person entitled to receive such notice, either before or after the event, and such waiver
shall be the equivalent of such notice. Waivers of notice by Holders shall be filed with the Trustee, but such filing shall not be a condition
precedent to the validity of any action taken in reliance upon such waiver.

 

SECTION 108. CONFLICT WITH
TRUST INDENTURE ACT.

 

If any provision hereof limits, qualifies or conflicts
with any provision of the Trust Indenture Act or another provision hereof required to be included in this Indenture by any of the provisions
of the Trust Indenture Act, such provision of the Trust Indenture Act shall control. If any provision of this Indenture modifies or excludes
any provision of the Trust Indenture Act that may be so modified or excluded, the former provision shall be deemed to apply to this Indenture
as so modified or to be excluded.

 

SECTION 109. EFFECT OF
HEADINGS AND TABLE OF CONTENTS.

 

The Article and Section headings herein and the Table
of Contents are for convenience only and shall not affect the construction hereof.

 

SECTION 110. SUCCESSORS AND
ASSIGNS.

 

All covenants and agreements in this Indenture by
the Company shall bind its successors and assigns, whether or not so expressed.

 

SECTION 111. SEPARABILITY
CLAUSE.

 

In case any provision in this Indenture or in the
Securities shall be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall not
in any way be affected or impaired thereby.

 

SECTION 112. BENEFITS OF
INDENTURE.

 

Nothing in this Indenture or in the Securities, express
or implied, shall give to any Person, other than the parties hereto and their successors hereunder, any Authenticating Agent, Paying Agent
and Security Registrar, and the Holders, any benefit or any legal or equitable right, remedy or claim under this Indenture.

 

    -12-

     

    

 

SECTION 113. GOVERNING
LAW.

 

This Indenture and the Securities shall be governed
by and construed in accordance with the laws of the State of New York, but without giving effect to applicable principles of conflicts
of law to the extent the application of the laws of another jurisdiction would be required thereby.

 

SECTION 114. LEGAL
HOLIDAYS.

 

In any case where any Interest Payment Date, Redemption
Date or Stated Maturity of any Security shall not be a Business Day at any Place of Payment, then (notwithstanding any other provision
of this Indenture or of the Securities) payment of principal and interest (and premium and Additional Amounts, if any) need not be made
at such Place of Payment on such date, but may be made on the next succeeding Business Day at such Place of Payment with the same force
and effect as if made on the Interest Payment Date or Redemption Date, or at the Stated Maturity, provided that no interest shall
accrue for the period from and after such Interest Payment Date, Redemption Date or Stated Maturity, as the case may be.

 

SECTION 115. CORPORATE
OBLIGATION.

 

No recourse may be taken, directly or indirectly,
against any incorporator, subscriber to the capital stock, stockholder, officer, director or employee of the Company or the Trustee or
of any predecessor or successor of the Company or the Trustee with respect to the Company’s obligations on the Securities or the
obligations of the Company or the Trustee under this Indenture or any certificate or other writing delivered in connection herewith.

 

SECTION 116. WAIVER OF TRIAL
JURY.

 

EACH OF THE COMPANY AND THE TRUSTEE HEREBY IRREVOCABLY
WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF OR
RELATING TO THIS INDENTURE, THE NOTES OR THE TRANSACTION CONTEMPLATED HEREBY.

 

SECTION 117. FORCE
MAJEURE.

 

In no event shall the Trustee be responsible or liable
for any failure or delay in the performance of its obligations hereunder arising out of or caused by, directly or indirectly, forces beyond
its control, including, without limitation, strikes, work stoppages, accidents, acts of war or terrorism, civil or military disturbances,
nuclear or natural catastrophes or acts of God, and interruptions, loss or malfunctions of utilities, communications or computer (software
and hardware) services; it being understood that the Trustee shall use reasonable efforts which are consistent with accepted practices
in the banking industry to resume performance as soon as practicable under the circumstances.

 

ARTICLE
II

SECURITY FORMS

 

SECTION 201. FORMS
GENERALLY.

 

The Securities of each series shall be Registered
Securities and shall be in substantially such form or forms (including temporary or permanent global form) as shall be established by
or pursuant to a Board Resolution or in one or more indentures supplemental hereto, in each case with such appropriate insertions, omissions,
substitutions and other variations as are required or permitted by this Indenture and may have such letters, numbers or other marks of
identification and such legends or endorsements placed thereon as may be required to comply with the rules of any securities exchange
or as may, consistently herewith, be determined by the officers executing such Securities, as evidenced by their execution of the Securities.
If temporary Securities of any series are issued in global form as permitted by Section 304, the form thereof shall be established as
provided in the preceding sentence. A copy of the Board Resolution establishing the form or forms of Securities of any series (or any
such temporary global Security) shall be delivered to the Trustee at or prior to the delivery of the Company Order contemplated by Section
303 for the authentication and delivery of such Securities (or any such temporary global Security).

 

    -13-

     

    

 

The definitive Securities shall be printed, lithographed
or engraved on steel engraved borders or may be produced in any other manner, all as determined by the officers executing such Securities,
as evidenced by their execution thereof.

 

SECTION 202. FORM OF
TRUSTEE’S CERTIFICATE OF AUTHENTICATION.

 

The Trustee’s certificate of authentication
shall be in substantially the following form:

 

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

 

	 	By	 
	 	 	AUTHORIZED OFFICER”

 

SECTION 203. SECURITIES IN
GLOBAL FORM.

 

If Securities of a series are issuable in global
form, as contemplated by Section 301, then, notwithstanding clause (10) of Section 301 and the provisions of Section 302, any such Security
shall represent such of the Outstanding Securities of such series as shall be specified therein and may provide that it shall represent
the aggregate amount of Outstanding Securities from time to time endorsed thereon and that the aggregate amount of Outstanding Securities
represented thereby may from time to time be reduced to reflect exchanges. Any endorsement of a Security in global form to reflect the
amount, or any increase or decrease in the amount, of Outstanding Securities represented thereby shall be made by the Trustee in such
manner and upon instructions given by such Person or Persons as shall be specified in such Security or in a Company Order to be delivered
to the Trustee pursuant to Section 303 or Section 304. Subject to the provisions of Section 303 and, if applicable, Section 304, the Trustee
shall deliver and redeliver any Security in permanent global form in the manner and upon instructions given by the Person or Persons specified
in such Security or in the applicable Company Order. If a Company Order pursuant to Section 303 or 304 has been, or simultaneously is,
delivered, any instructions by the Company with respect to endorsement or delivery or redelivery of a Security in global form shall be
in writing but need not comply with Section 103 and need not be accompanied by an Opinion of Counsel.

 

The provisions of the last sentence of Section 303
shall apply to any Security in global form if such Security was never issued and sold by the Company and the Company delivers to the Trustee
the Security in global form together with written instructions (which need not comply with Section 103 and need not be accompanied by
an Opinion of Counsel) with regard to the reduction in the principal amount of Securities represented thereby, together with the written
statement contemplated by the last sentence of Section 303.

 

    -14-

     

    

 

Notwithstanding the provisions of Sections 201 and
307, unless otherwise specified as contemplated by Section 301, payment of principal of (and premium, if any) and interest on any Security
in permanent global form shall be made to the Person or Persons specified therein.

 

Notwithstanding the provisions of Section 308 and
except as provided in the preceding paragraph, the Company, the Trustee and any agent of the Company or of the Trustee shall treat a Person
as the Holder of such principal amount of Outstanding Securities represented by a global Security as shall be specified in a written statement,
if any, of the Holder of such global Security, which is produced to the Security Registrar by such Holder.

 

Global Securities may be issued in either temporary
or permanent form. Permanent global Securities will be issued in definitive form.

 

SECTION 204. BOOK-ENTRY
SECURITIES.

 

Notwithstanding any provision of this Indenture to
the contrary:

 

(a) At
the discretion of the Company, any Registered Security may be issued from time to time, in whole or in part, in permanent global form
registered in the name of a Depositary, or its nominee. Each such Registered Security in permanent global form is hereafter referred to
as a “Book-Entry Security.” Subject to Section 303, upon such election, the Company shall execute, and the Trustee or an Authenticating
Agent shall authenticate and deliver, one or more Book-Entry Securities that (i) are denominated in an amount equal to the aggregate principal
amount of the Outstanding Securities of such series if elected in whole or such lesser amount if elected in part, (ii) are registered
in the name of the Depositary or its nominee, (iii) are delivered by the Trustee or an Authenticating Agent to the Depositary or pursuant
to the Depositary’s instructions and (iv) bear a legend in substantially the following form (or such other form as the Depositary
and the Company may agree upon):

 

UNLESS THIS SECURITY IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE
OF [THE DEPOSITARY], TO THE COMPANY OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED
IN THE NAME OF [NOMINEE OF THE DEPOSITARY] OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF [THE DEPOSITARY] (AND
ANY PAYMENT IS MADE TO [NOMINEE OF THE DEPOSITARY] OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF [THE DEPOSITARY]),
ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF,
[NOMINEE OF THE DEPOSITARY], HAS AN INTEREST HEREIN.

 

(b) Any
Book-Entry Security shall be initially executed and delivered as provided in Section 303. Notwithstanding any other provision of this
Indenture, unless and until it is exchanged in whole or in part for Registered Securities not issued in global form, a Book-Entry Security
may not be transferred except as a whole by the Depositary to a nominee of such Depositary, by a nominee of such Depositary to such Depositary
or another nominee of such Depositary, or by such Depositary or any such nominee to a successor Depositary or a nominee of such successor
Depositary.

 

    -15-

     

    

 

(c) If
at any time the Depositary notifies the Company or the Trustee that it is unwilling or unable to continue as Depositary for any Book-Entry
Securities, the Company shall appoint a successor Depositary, whereupon the retiring Depositary shall surrender or cause the surrender
of its Book-Entry Security or Securities to the Trustee. The Trustee shall promptly notify the Company upon receipt of such notice. If
a successor Depositary has not been so appointed by the effective date of the resignation of the Depositary, the Book-Entry Securities
will be issued as Registered Securities not issued in global form, in an aggregate principal amount equal to the principal amount of the
Book-Entry Security or Securities theretofore held by the Depositary.

 

The Company may at any time and in its
sole discretion determine that the Securities shall no longer be Book-Entry Securities represented by a global certificate or certificates,
and will so notify the Depositary. Upon receipt of such notice, the Depositary shall promptly surrender or cause the surrender of its
Book-Entry Security or Securities to the Trustee. Concurrently therewith, Registered Securities not issued in global form will be issued
in an aggregate principal amount equal to the principal amount of the Book-Entry Security or Securities theretofore held by the Depositary.

 

Upon any exchange of Book-Entry Securities
for Registered Securities not issued in global form as set forth in this Section 204(c), such Book-Entry Securities shall be cancelled
by the Trustee, and Securities issued in exchange for such Book-Entry Securities pursuant to this Section shall be registered in such
names and in such authorized denominations as the Depositary for such Book-Entry Securities, pursuant to instructions from its direct
or indirect participants or otherwise, shall instruct the Trustee. The Trustee or any Authenticating Agent shall deliver such Securities
to the Persons in whose names such Securities are so registered.

 

(d) The
Company and the Trustee shall be entitled to treat the Person in whose name any Book-Entry Security is registered as the Holder thereof
for all purposes of the Indenture and any applicable laws, notwithstanding any notice to the contrary received by the Trustee or the Company;
and the Trustee and the Company shall have no responsibility for transmitting payments to, communication with, notifying, or otherwise
dealing with any beneficial owners of any Book-Entry Security. Neither the Company nor the Trustee shall have any responsibility or obligations,
legal or otherwise, to the beneficial owners or to any other party including the Depositary, except for the Holder of any Book-Entry Security;
provided however, notwithstanding anything herein to the contrary, (i) for the purposes of determining whether the requisite principal
amount of Outstanding Securities have given, made or taken any request, demand, authorization, direction, notice, consent, waiver, instruction
or other action hereunder as of any date, the Trustee shall treat any Person specified in a written statement of the Depositary with respect
to any Book-Entry Securities as the Holder of the principal amount of such Securities set forth therein and (ii) nothing herein shall
prevent the Company, the Trustee, or any agent of the Company or Trustee, from giving effect to any written certification, proxy or other
authorization furnished by a Depositary with respect to any Book-Entry Securities, or impair, as between a Depositary and holders of beneficial
interests in such Securities, the operation of customary practices governing the exercise of the rights of the Depositary as Holder of
such Securities.

 

(e) So
long as any Book-Entry Security is registered in the name of a Depositary or its nominee, all payments of the principal of (and premium,
if any) and interest on such Book-Entry Security and redemption thereof and all notices with respect to such Book-Entry Security shall
be made and given, respectively, in the manner provided in the arrangements of the Company with such Depositary.

 

    -16-

     

    

 

ARTICLE
III

 

THE SECURITIES

 

SECTION 301. AMOUNT UNLIMITED;
ISSUABLE IN SERIES.

 

The aggregate principal amount of Securities that
may be authenticated and delivered under this Indenture is unlimited.

 

The Securities may be issued in one or more series.
There shall be established in or pursuant to a Board Resolution, and set forth in an Officers’ Certificate or established in one
or more indentures supplemental hereto, prior to the issuance of Securities of any series:

 

(1) the
title of the Securities of the series (which shall distinguish the Securities of the series from all other Securities);

 

(2) any
limit, if any, upon the aggregate principal amount of the Securities of the series that may be authenticated and delivered under this
Indenture (except for Securities authenticated and delivered upon registration or transfer of, or in exchange for, or in lieu of, other
Securities of the series pursuant to Section 304, 305, 306, 905 or 1107);

 

(3) whether
Securities of the series are to be issuable as Registered Securities, whether any Securities of the series are to be issuable initially
in temporary global form and whether any Securities of the series are to be issuable in permanent global form, as Book-Entry Securities
or otherwise, and, if so, whether beneficial owners of interests in any such permanent global Security may exchange such interests for
Securities of such series and of like tenor of any authorized form and denomination and the circumstances under which any such exchanges
may occur, if other than in the manner provided in Section 305, and the Depositary for any global Security or Securities;

 

(4) the
manner in which any interest payable on a temporary global Security on any Interest Payment Date will be paid if other than in the manner
provided in Section 304;

 

(5) the
date or dates on which the principal of (and premium, if any, on) the Securities of the series is payable or the method of determination
thereof;

 

(6) the
rate or rates, or the method of determination thereof, at which the Securities of the series shall bear interest, if any, whether and
under what circumstances Additional Amounts with respect to such Securities shall be payable, the date or dates from which such interest
shall accrue, the Interest Payment Dates on which such interest shall be payable and, if other than as set forth in Section 101, the Regular
Record Date for the interest payable on any Registered Securities on any Interest Payment Date;

 

(7) if
other than the Corporate Trust Office of the Trustee, the place or places where, subject to the provisions of Section 1002, the principal
of (and premium, if any), any interest on and any Additional Amounts with respect to the Securities of the series shall be payable;

 

(8) the
period or periods within which, the price or prices (whether denominated in cash, securities or otherwise) at which and the terms and
conditions upon which Securities of the series may be redeemed, in whole or in part, at the option of the Company, if the Company is to
have that option, and the manner in which the Company must exercise any such option;

 

    -17-

     

    

 

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

 

(10) the
denomination in which any Registered Securities of that series shall be issuable, if other than denominations of $2,000 and any integral
multiple of $1,000 in excess thereof;

 

(11) the
currency or currencies (including composite currencies) in which payment of the principal of (and premium, if any), any interest on and
any Additional Amounts with respect to the Securities of the series shall be payable if other than the currency of the United States of
America;

 

(12) if
the principal of (and premium, if any) or interest on the Securities of the series are to be payable, at the election of the Company or
a Holder thereof, in a currency or currencies (including composite currencies) other than that in which the Securities are stated to be
payable, the currency or currencies (including composite currencies) in which payment of the principal of (and premium, if any) and interest
on and any Additional Amounts with respect to Securities of such series as to which such election is made shall be payable, and the periods
within which and the terms and conditions upon which such election is to be made;

 

(13) if
the amount of payments of principal of (and premium, if any), any interest on and any Additional Amounts with respect to the Securities
of the series may be determined with reference to any commodities, currencies or indices, or values, rates or prices, the manner in which
such amounts shall be determined;

 

(14) if
other than the entire principal amount thereof, the portion of the principal amount of Securities of the series that shall be payable
upon declaration of acceleration of the Maturity thereof pursuant to Section 502;

 

(15) any
additional means of satisfaction and discharge of this Indenture with respect to Securities of the series pursuant to Section 401, any
additional conditions to discharge pursuant to Section 401, 402, 403, 404, or 405, and the application, if any, of Section 403 and 404;

 

(16) any
deletions or modifications of or additions to the Events of Default set forth in Section 501, the right of the Trustee or the requisite
Holders of such Securities to declare the principal amount thereof due and payable pursuant to Section 502, or the covenants of the Company
set forth in Article X pertaining to the Securities of the series;

 

(17) the
terms, if any, on which the Securities of any series may be converted into or exchanged for stock or other securities of the Company or
other entities, any specific terms relating to the adjustment thereof and the period during which such Securities may be so converted
or exchanged;

 

(18) whether
the Securities of a series will be issued as part of units consisting of Securities and other securities of the Company or another issuer;
and

 

(19) any
other terms of the series permitted under the provisions of the Trust Indenture Act.

 

    -18-

     

    

 

All Securities of any one series shall be substantially
identical except, in the case of Registered Securities, as to denomination and except as may otherwise be provided in or pursuant to the
Board Resolution referred to above and (subject to Section 303) set forth, or determined in the manner provided, in the Officers’
Certificate referred to above or in any such indenture supplemental hereto.

 

All Securities of any one series need not be issued
at the same time and, unless otherwise provided in such Board Resolution or supplemental indenture, a series may be reopened for issuances
of additional Securities of such series pursuant to a Board Resolution or in any indenture supplemental hereto.

 

At the option of the Company, interest on the Registered
Securities of any series that bears interest may be paid by mailing a check or otherwise transmitting payment to the address of any Holder
as such address shall appear in the Security Register.

 

If any of the terms of the series are established
by action taken pursuant to a Board Resolution, a copy of an appropriate record of such action together with such Board Resolution shall
be certified by the Secretary or an Assistant Secretary of the Company and delivered to the Trustee at or prior to the delivery of the
Officers’ Certificate setting forth the terms of the series.

 

SECTION 302. DENOMINATIONS.

 

The Securities of each series shall be issuable in
such denominations as shall be specified as contemplated by Section 301. In the absence of any such provisions with respect to the Securities
of any series, the Registered Securities of such series denominated in Dollars shall be issuable in denominations of $2,000 and any integral
multiple of $1,000 in excess thereof. Unless otherwise provided as contemplated by Section 301 with respect to any series of Securities,
any Securities of a series denominated in a currency other than Dollars shall be issuable in denominations that are the equivalent, as
determined by the Company by reference to the noon buying rate in the City of New York for cable transfers for such currency, as such
rate is reported or otherwise made available by the Federal Reserve Bank of New York, on the applicable issue date for such Securities,
of $2,000 and any integral multiple of $1,000 in excess thereof.

 

SECTION 303.  EXECUTION, AUTHENTICATION,
DELIVERY AND DATING.

 

The Securities shall be executed on behalf of the
Company by its Chairman of the Board, its Chief Executive Officer, its President, its Chief Financial Officer, its Treasurer or one of
its Vice Presidents, under its corporate seal reproduced thereon or affixed thereto attested by its Secretary or one of its Assistant
Secretaries. The signature of any of these officers on the Securities may be manual or facsimile. Coupons shall bear the facsimile signature
of the Chairman of the Board, President, Treasurer or any Vice President of the Company.

 

Securities bearing the manual or facsimile signatures
of individuals who were at any time the proper officers of the Company shall bind the Company, notwithstanding that such individuals or
any of them have ceased to hold such offices prior to the authentication and delivery of such Securities or did not hold such offices
at the date of such Securities.

 

At any time and from time to time after the execution
and delivery of this Indenture, the Company may deliver Securities of any series executed by the Company to the Trustee for authentication,
together with a Company Order for the authentication and delivery of such Securities, and the Trustee in accordance with the Company Order
shall authenticate and deliver such Securities as in this Indenture provided and not otherwise.

 

    -19-

     

    

 

If the form or terms of the Securities of the series
have been established in or pursuant to one or more Board Resolutions or Officer’s Certificate as permitted by Sections 201 and
301, in authenticating such Securities, and accepting the additional responsibilities under this Indenture in relation to such Securities,
the Trustee shall be given (in addition to the other documents required by Section 103 hereof), and (subject to Section 601) shall be
fully protected in relying upon, an Opinion of Counsel stating,

 

(a) if
the form of such Securities has been established by or pursuant to Board Resolution as permitted by Section 201, that such form has been
established in conformity with the provisions of this Indenture;

 

(b) if
the terms of such Securities have been established by or pursuant to Board Resolution as permitted by Section 301, that such terms have
been established in conformity with the provisions of this Indenture; and

 

(c) that
such Securities, when authenticated and delivered by the Trustee and issued by the Company in the manner and subject to any conditions
specified in such Opinion of Counsel, will constitute legal, valid and binding obligations of the Company, enforceable in accordance with
their terms, except as such enforcement is subject to the effect of bankruptcy, insolvency, fraudulent conveyance, reorganization or other
laws relating to or affecting creditors’ rights, and general principles of equity (regardless of whether such enforcement is considered
in a proceeding in equity or at law); provided that such Opinion of Counsel need express no opinion as to whether a court in the
United States would render a money judgment in currency other than that of the United States.

 

If such form or terms have been so established, the Trustee shall not
be required to authenticate such Securities if the issue of such Securities pursuant to this Indenture will affect the Trustee’s
own rights, duties or immunities under the Securities and this Indenture or otherwise in a manner not reasonably acceptable to the Trustee.

 

Each Security shall be dated the date of its authentication.

 

No Security shall be entitled to any benefit under
this Indenture or be valid or obligatory for any purpose unless there appears on such Security a certificate of authentication substantially
in the form provided for herein executed by the Trustee by manual signature, and such certificate upon any Security shall be conclusive
evidence, and the only evidence, that such Security has been duly authenticated and delivered hereunder. Notwithstanding the foregoing,
if any Security shall have been authenticated and delivered hereunder but never issued and sold by the Company, and the Company shall
deliver such Security to the Trustee for cancellation as provided in Section 309 together with a written statement (which need not comply
with Section 103 and need not be accompanied by an Opinion of Counsel) stating that such Security has never been issued and sold by the
Company, for all purposes of this Indenture such Security shall be deemed never to have been authenticated and delivered hereunder and
shall never be entitled to the benefits of this Indenture.

 

SECTION 304. TEMPORARY SECURITIES.

 

Pending the preparation of definitive Securities
of any series, the Company may execute, and upon Company Order the Trustee shall authenticate and deliver, temporary Securities that are
printed, lithographed, typewritten, mimeographed or otherwise produced, in any authorized denomination, substantially of the tenor of
the definitive Securities in lieu of which they are issued, in registered form and with such appropriate insertions, omissions, substitutions
and other variations as the officers of the Company executing such Securities may determine, as evidenced by their execution of such Securities.

 

    -20-

     

    

 

Except in the case of temporary Securities in global
form (which shall be exchanged in accordance with the provisions of the following paragraphs), if temporary Securities of any series are
issued, the Company will cause definitive Securities of that series to be prepared without unreasonable delay. After the preparation of
definitive Securities of such series, the temporary Securities of such series shall be exchangeable for definitive Securities of such
series upon surrender of the temporary Securities of such series at the office or agency of the Company in a Place of Payment for that
series, without charge to the Holder. Upon surrender for cancellation of any one or more temporary Securities of any series, the Company
shall execute and the Trustee shall authenticate and deliver in exchange therefor a like principal amount of definitive Securities of
the same series of authorized denominations. Until so exchanged, the temporary Securities of any series shall in all respects be entitled
to the same benefits under this Indenture as definitive Securities of such series.

 

All Outstanding temporary Securities of any series
shall in all respects be entitled to the same benefits under this Indenture as definitive Securities of the same series and of like tenor
authenticated and delivered hereunder.

 

SECTION 305. REGISTRATION, REGISTRATION
OF TRANSFER AND EXCHANGE.

 

The Company shall cause to be kept for each series
of Securities at one of the offices or agencies maintained pursuant to Section 1002 a register (the register maintained in such office
and in any other office or agency of the Company in a Place of Payment being herein sometimes collectively referred to as the “Security
Register”) in which, subject to such reasonable regulations as it may prescribe, the Company shall provide for the registration
of Registered Securities and of transfers of Registered Securities of such series. The Trustee is hereby initially appointed “Security
Registrar” for the purpose of registering Securities and transfers of Securities as herein provided.

 

Upon surrender for registration of transfer of any
Registered Security of any series at the office or agency in a Place of Payment for that series, the Company shall execute, and the Trustee
shall authenticate and deliver, in the name of the designated transferee or transferees, one or more new Registered Securities of the
same series and of like tenor, of any authorized denominations and of a like aggregate principal amount.

 

At the option of the Holder, Registered Securities
of any series may be exchanged for other Registered Securities of the same series and of like tenor, of any authorized denominations and
of a like aggregate principal amount, upon surrender of the Securities to be exchanged at such office or agency. Whenever any Securities
are so surrendered for exchange, the Company shall execute, and the Trustee shall authenticate and deliver, the Securities that the Holder
making the exchange is entitled to receive.

 

Notwithstanding the foregoing, except as otherwise
specified as contemplated by Section 301, any permanent global Security shall be exchangeable only as provided in this paragraph. If the
beneficial owners of interests in a permanent global Security are entitled to exchange such interest for Securities of such series and
of like tenor and principal amount of another authorized form and denomination, as specified as contemplated by Section 301, then without
unnecessary delay but in any event not later than the earliest date on which such interests may be so exchanged, the Company shall deliver
to the Trustee definitive Securities of that series in an aggregate principal amount equal to the principal amount of such permanent global
Security, executed by the Company. On or after the earliest date on which such interests may be so exchanged, such permanent global Security
shall be surrendered from time to time in accordance with instructions given to the Trustee and the Depositary (which instructions shall
be in writing but need not comply with Section 103 or be accompanied by an Opinion of Counsel) or such other depositary as shall be specified
in the Company Order with respect thereto to the Trustee, as the Company’s agent for such purpose, to be exchanged, in whole or
in part, for definitive Securities of the same series without charge and the Trustee shall authenticate and deliver, in exchange for each
portion of such permanent global Security, a like aggregate principal amount of other definitive Securities of the same series of authorized
denominations and of like tenor as the portion of such permanent global Security to be exchanged; provided, however, that
no such exchanges may occur during a period beginning at the opening of business 15 days before any selection of Securities of that series
is to be redeemed and ending on the relevant Redemption Date. Promptly following any such exchange in part, such permanent global Security
marked to evidence the partial exchange shall be returned by the Trustee to the Depositary or such other depositary referred to above
in accordance with the instructions of the Company referred to above. If a Registered Security is issued in exchange for any portion of
a permanent global Security after the close of business at the office or agency where such exchange occurs on (i) any Regular Record Date
and before the opening of business at such office or agency on the relevant Interest Payment Date, or (ii) any Special Record Date and
before the opening of business at such office or agency on the related proposed date for payment of Defaulted Interest, interest or Defaulted
Interest, as the case may be, will not be payable on such Interest Payment Date or proposed date for payment, as the case may be, in respect
of such Registered Security, but will be payable on such Interest Payment Date or proposed date for payment, as the case may be, only
to the Person to whom interest in respect of such portion of such permanent global Security is payable in accordance with the provisions
of this Indenture.

 

    -21-

     

    

 

All Securities issued upon any registration of transfer
or exchange of Securities shall be the valid obligations of the Company, evidencing the same debt, and entitled to the same benefits under
this Indenture, as the Securities surrendered upon such registration of transfer or exchange.

 

Every Registered Security presented or surrendered
for registration of transfer or for exchange shall (if so required by the Company or the Trustee) be duly endorsed, or be accompanied
by a written instrument of transfer in form satisfactory to the Company and the Security Registrar duly executed, by the Holder thereof
or his attorney duly authorized in writing.

 

No service charge shall be made for any registration
of transfer or exchange of Securities, but the Company may require payment of a sum sufficient to cover any tax or other governmental
charge that may be imposed in connection with any registration of transfer or exchange of Securities, other than exchange pursuant to
Section 304, 905 or 1107 not involving any transfer.

 

The Company shall not be required (i) to issue, register
the transfer of or exchange Securities of any series during a period beginning at the opening of business 15 days before the day of the
mailing of a notice of redemption of Securities of such series selected for redemption and ending at the close of business on the day
of the mailing of the relevant notice of redemption or (ii) to register the transfer of or exchange any Registered Security so selected
for redemption in whole or in part, except the unredeemed portion of any Security being redeemed in part.

 

SECTION 306. MUTILATED, DESTROYED,
LOST AND STOLEN SECURITIES.

 

If any mutilated Security is surrendered to the Trustee,
the Company shall execute and the Trustee shall authenticate and deliver in exchange therefor a new Security of the same series and of
like tenor and principal amount and bearing a number not contemporaneously Outstanding.

 

If there shall be delivered to the Company and the
Trustee (i) evidence to their satisfaction of the destruction, loss or theft of any Security and (ii) such security or indemnity as may
be required by them to save each of them and any agent of either of them harmless, then, in the absence of notice to the Company or the
Trustee that such Security has been acquired by a bona fide purchaser, the Company shall execute and upon its request the Trustee shall
authenticate and deliver, in lieu of any such destroyed, lost or stolen Security, a new Security of the same series and of like tenor
and principal amount and bearing a number not contemporaneously Outstanding.

 

In case any such mutilated, destroyed, lost or stolen
Security has become or is about to become due and payable, the Company in its discretion may, instead of issuing a new Security, pay such
Security.

 

Upon the issuance of any new Security under this
Section, the Company may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in
relation thereto and any other expenses (including the fee and expenses of the Trustee) connected therewith.

 

Every new Security of any series issued pursuant
to this Section in lieu of any destroyed, lost or stolen Security shall constitute an original additional contractual obligation of the
Company, whether or not the destroyed, lost or stolen Security shall be at any time enforceable by anyone, and shall be entitled to all
the benefits of this Indenture equally and proportionately with any and all other Securities of that series duly issued hereunder.

 

The provisions of this Section are exclusive and
shall preclude (to the extent lawful) all other rights and remedies with respect to the replacement or payment of mutilated, destroyed,
lost or stolen Securities.

 

    -22-

     

    

 

SECTION 307. PAYMENT OF INTEREST;
INTEREST RIGHTS PRESERVED.

 

Interest on any Registered Security which is payable,
and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the Person in whose name that Security (or
one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest. Unless otherwise
provided with respect to the Securities of any series, payment of interest may be made at the option of the Company by check mailed or
delivered to the address of any Person entitled thereto as such address shall appear in the Security Register.

 

Any interest on any Registered Security of any series
which is payable, but is not punctually paid or duly provided for, on any Interest Payment Date (herein called “Defaulted Interest”)
shall forthwith cease to be payable to the Holder on the relevant Regular Record Date by virtue of having been such Holder, and such Defaulted
Interest may be paid by the Company, at its election in each case, as provided in clause (1) or (2) below:

 

(1) The
Company may elect to make payment of any Defaulted Interest to the Persons in whose names the Registered Securities of such series (or
their respective Predecessor Securities) are registered at the close of business on a Special Record Date for the payment of such Defaulted
Interest, which shall be fixed in the following manner. The Company shall notify the Trustee in writing of the amount of Defaulted Interest
proposed to be paid on each Registered Security of such series and the date of the proposed payment, and at the same time the Company
shall deposit with the Trustee an amount of money equal to the aggregate amount proposed to be paid in respect of such Defaulted Interest
or shall make arrangements satisfactory to the Trustee for such deposit prior to the date of the proposed payment, such money when deposited
to be held in trust for the benefit of the Persons entitled to such Defaulted Interest as in this Clause provided. Thereupon the Trustee
shall fix a Special Record Date for the payment of such Defaulted Interest which shall be not more than 15 days and not less than 10 days
prior to the date of the proposed payment and not less than 10 days after the receipt by the Trustee of the notice of the proposed payment.
The Trustee shall promptly notify the Company of such Special Record Date and, in the name and at the expense of the Company, shall cause
notice of the proposed payment of such Defaulted Interest and the Special Record Date therefor to be mailed, first-class postage prepaid,
to each Holder of Registered Securities of such series at his address as it appears in the Security Register, not less than 10 days prior
to such Special Record Date. The Trustee may, in its discretion, in the name and at the expense of the Company, cause a similar notice
to be published at least once in an Authorized Newspaper, but such publication shall not be a condition precedent to the establishment
of such Special Record Date. Notice of the proposed payment of such Defaulted Interest and the Special Record Date therefor having been
so mailed, such Defaulted Interest shall be paid to the Persons in whose names the Registered Securities of such series (or their respective
Predecessor Securities) are registered at the close of business on such Special Record Date and shall no longer be payable pursuant to
the following clause (2).

 

(2) The
Company may make payment of any Defaulted Interest on the Registered Securities of any series in any other lawful manner not inconsistent
with the requirements of any securities exchange on which such Securities may be listed, and upon such notice as may be required by such
exchange, if, after notice given by the Company to the Trustee of the proposed payment pursuant to this Clause, such manner of payment
shall be deemed practicable by the Trustee.

 

Subject to the foregoing provisions of this Section,
each Security delivered under this Indenture, upon registration of transfer of, in exchange for or in lieu of, any other Security, shall
carry the rights to interest accrued and unpaid, and to accrue, which were carried by such other Security.

 

SECTION 308. PERSONS DEEMED
OWNERS.

 

Prior to due presentment of a Registered Security
for registration of transfer, the Company, the Trustee and any agent of the Company or the Trustee may treat the Person in whose name
such Registered Security is registered as the owner of such Registered Security for the purpose of receiving payment of principal of (and
premium, if any) and (subject to Sections 305 and 307) interest on such Registered Security and for all other purposes whatsoever, whether
or not such Security be overdue, and neither the Company, the Trustee nor any agent of the Company or the Trustee shall be affected by
notice to the contrary.

 

SECTION 309. CANCELLATION.

 

All Securities surrendered for payment, redemption,
registration of transfer or exchange or for credit against any sinking fund payment shall, if surrendered to any Person other than the
Trustee, be delivered to the Trustee. All Registered Securities so delivered shall be promptly cancelled by the Trustee. The Company may
at any time deliver to the Trustee for cancellation any Securities previously authenticated and delivered hereunder which the Company
may have acquired in any manner whatsoever, and all Securities so delivered shall be promptly cancelled by the Trustee. No Securities
shall be authenticated in lieu of or in exchange for any Securities cancelled as provided in this Section, except as expressly permitted
by this Indenture. All cancelled Securities held by the Trustee shall be disposed of in its customary manner.

 

    -23-

     

    

 

SECTION 310. COMPUTATION OF
INTEREST.

 

Except as otherwise specified as contemplated by
Section 301 for Securities of any series, interest on the Securities of each series shall be computed on the basis of a year comprising
twelve 30-day months.

 

SECTION 311. CUSIP NUMBERS.

 

The Company in issuing the Securities may use “CUSIP”
numbers (if then generally in use), and, if so, the Trustee shall use “CUSIP” numbers in notices of redemption as a convenience
to Holders; provided that any such notice may state that no representation is made as to the correctness of such numbers either
as printed on the Securities or as contained in any notice of a redemption and that reliance may be placed only on the other identification
numbers printed on the Securities, and any such redemption shall not be affected by any defect in or omission of such numbers.

 

ARTICLE
IV

 

SATISFACTION AND DISCHARGE; LEGAL DEFEASANCE AND

COVENANT DEFEASANCE

 

SECTION 401. SATISFACTION AND
DISCHARGE OF INDENTURE.

 

This Indenture shall upon Company Request cease to
be of further effect with respect to Securities of any series (except as to any surviving rights of registration of transfer, exchange
or replacement of such series of Securities herein expressly provided for), and the Trustee, at the expense of the Company, shall execute
proper instruments acknowledging satisfaction and discharge of this Indenture with respect to such Securities, when

 

(1) either

 

(A) all
such Securities of such series theretofore authenticated and delivered (other than (i) such Securities which have been destroyed, lost
or stolen and which have been replaced or paid as provided in Section 306 and (ii) such Securities of such series for whose payment money
has theretofore been deposited in trust or segregated and held in trust by the Company and thereafter repaid to the Company or discharged
from such trust, as provided in Section 1003) have been delivered to the Trustee for cancellation; or

 

(B) all
such Securities of such series not theretofore delivered to the Trustee for cancellation

 

(i) have
become due and payable, or

 

(ii) will
become due and payable at their Stated Maturity within one year, or

 

(iii) are
to be called for redemption within one year under arrangements satisfactory to the Trustee for the giving of notice of redemption by the
Trustee in the name, and at the expense, of the Company,

 

and the Company, in the case of (B)(i), (ii) or (iii) above,
has deposited or caused to be deposited with the Trustee, as funds in trust for such purpose, an amount in the currency or currencies
or currency unit or units in which such Securities of such series are payable or U.S. Government Obligations maturing as to principal
and interest in such amounts and at such times as will, together with any interest thereon, be sufficient to pay and discharge the entire
indebtedness on such Securities of such series not theretofore delivered to the Trustee for cancellation, for principal and any premium
and interest to the date of such deposit (in the case of Securities which have become due and payable) or to the Stated Maturity or Redemption
Date, as the case may be;

 

(2) the
Company has paid or caused to be paid all other sums payable hereunder by the Company; and

 

(3) the
Company has delivered to the Trustee an Officers’ Certificate and an Opinion of Counsel, each stating that all conditions precedent
herein provided for relating to the satisfaction and discharge of this Indenture with respect to such series of Securities have been complied
with.

 

Notwithstanding the satisfaction and discharge of
this Indenture with respect to the Outstanding Securities of such series pursuant to this Section 401, the obligations of the Company
to the Trustee under Section 607 and to any Authenticating Agent under Section 614 and, if money or U.S. Government Obligations shall
have been deposited with the Trustee pursuant to subclause (B) of Clause (1) of this Section, the obligations of the Trustee under Section
406, Article VI and the last paragraph of Section 1003 shall survive such satisfaction and discharge.

 

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SECTION 402. OPTION TO EFFECT
LEGAL DEFEASANCE OR COVENANT DEFEASANCE.

 

In addition to the Company’s rights under Section
401 (which shall not be affected by this Section 402), the Company may, at the option of its Board of Directors evidenced by a resolution
set forth in an Officers’ Certificate, at any time, elect to have either Section 403 or 404 hereof applied to all Outstanding Securities
of any series upon compliance with the conditions set forth in Sections 403 through 406 hereof.

 

SECTION 403. LEGAL DEFEASANCE
AND DISCHARGE.

 

Upon the Company’s exercise under Section 402
hereof of the option applicable to this Section 403, the Company and the Guarantors shall, subject to the satisfaction of the conditions
set forth in Section 405 hereof, be deemed to have been discharged from their obligations with respect to all Outstanding Securities of
a series on the date the conditions set forth below are satisfied (hereinafter, “Legal Defeasance”). For this purpose, Legal
Defeasance means that the Company shall be deemed to have paid and discharged the entire Indebtedness represented by the Outstanding Securities
of a series, which shall thereafter be deemed to be “outstanding” only for the purposes of Section 406 hereof and the other
Sections of this Indenture referred to in (a) and (b) below, and to have satisfied all its other obligations under such Securities and
this Indenture (and the Trustee, on demand of and at the expense of the Company, shall execute proper instruments acknowledging the same),
except for the following provisions which shall survive until otherwise terminated or discharged hereunder: (a) the rights of Holders
of Outstanding Securities of any series to receive payments in respect of the principal of, premium, if any, and interest, if any, on
such Securities when such payments are due from the trust referred to in Section 405, (b) the Company’s obligations with respect
to such Securities under Sections 304, 305, 306 and 1002 of this Indenture, (c) the rights, powers, trusts, duties and immunities of the
Trustee hereunder and the Company’s obligations in connection therewith and (d) this Article IV. Subject to compliance with Sections
402 through 406 hereof, the Company may exercise its option under this Section 403 notwithstanding the prior exercise of its option under
Section 404 hereof.

 

SECTION 404. COVENANT DEFEASANCE.

 

Upon the Company’s exercise under Section 402
hereof of the option applicable to this Section 404, the Company shall, subject to the satisfaction of the conditions set forth in Section
405 hereof, be released from the operation of Section 801 hereof with respect to the Outstanding Securities of a series and any other
covenant contained in the Board Resolution or supplemental indenture relating to such series on and after the date the conditions set
forth in Section 405 are satisfied (hereinafter, “Covenant Defeasance”), and the Securities of such series shall thereafter
be deemed not “outstanding” for the purposes of any direction, waiver, consent or declaration or act of Holders (and the consequences
of any thereof) in connection with such covenants, but shall continue to be deemed “outstanding” for all other purposes hereunder
(it being understood that such Securities shall not be deemed outstanding for accounting purposes). For this purpose, Covenant Defeasance
means that, with respect to the Outstanding Securities of such series, the Company may omit to comply with and shall have no liability
in respect of any term, condition or limitation set forth in any such covenant, whether directly or indirectly, by reason of any reference
elsewhere herein to any such covenant or by reason of any reference in any such covenant to any other provision herein or in any other
document and such omission to comply shall not constitute a Default or an Event of Default under Section 501 hereof, but, except as specified
above, the remainder of this Indenture and such series of Securities shall be unaffected thereby. In addition, upon the Company’s
exercise under Section 402 hereof of the option applicable to this Section 404 hereof, subject to the satisfaction of the conditions set
forth in Section 405 hereof, Sections 501(3) through 501(6) and Section 501(9) hereof shall not constitute Events of Default.

 

SECTION 405. CONDITIONS TO LEGAL
OR COVENANT DEFEASANCE.

 

The following shall be the conditions to the application
of either Section 403 or 404 hereof to the Outstanding Securities of any series:

 

In order to exercise either Legal Defeasance or Covenant
Defeasance:

 

(a) the
Company must irrevocably deposit with the Trustee, in trust, for the benefit of the Holders of the Securities, cash in United States dollars,
U.S. Government Obligations, or a combination thereof, in such amounts as will be sufficient, to pay the principal of, or interest and
premium, if any, on the Outstanding Securities of such series on the Stated Maturity or on the applicable redemption date, as the case
may be, and the Company must specify whether the Securities are being defeased to maturity or to a particular redemption date;

 

(b) in
the case of Legal Defeasance, the Company shall have delivered to the Trustee an Opinion of Counsel reasonably acceptable to the Trustee
confirming that (i) the Company has received from, or there has been published by, the Internal Revenue Service a ruling or (ii) since
the date of this Indenture, there has been a change in the applicable federal income tax law, in either case to the effect that, and based
thereon such Opinion of Counsel shall confirm that, the Holders of the Outstanding Securities of such series will not recognize income,
gain or loss for federal income tax purposes as a result of such Legal Defeasance and will be subject to federal income tax on the same
amounts, in the same manner and at the same times as would have been the case if such Legal Defeasance had not occurred;

 

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(c) in
the case of Covenant Defeasance, the Company shall have delivered to the Trustee an Opinion of Counsel reasonably acceptable to the Trustee
confirming that the Holders of the Outstanding Securities of such series will not recognize income, gain or loss for federal income tax
purposes as a result of such Covenant Defeasance and will be subject to federal income tax on the same amounts, in the same manner and
at the same times as would have been the case if such Covenant Defeasance had not occurred;

 

(d) no
Default or Event of Default shall have occurred and be continuing either: (i) on the date of such deposit (other than a Default or Event
of Default resulting from the borrowing of funds to be applied to such deposit); or (ii) insofar as Events of Default from bankruptcy
or insolvency events are concerned, at any time in the period ending on the 91st day after the date of deposit;

 

(e) such
Legal Defeasance or Covenant Defeasance will not result in a breach or violation of, or constitute a default under any material agreement
or instrument (other than this Indenture) to which the Company is a party or by which the Company is bound;

 

(f) the
Company must have delivered to the Trustee an Opinion of Counsel to the effect that, assuming no intervening bankruptcy of the Company
or any Guarantor between the date of deposit and the 91st day following the deposit and assuming that no Holder is an “insider”
of the Company under applicable bankruptcy law, after the 91st day following the deposit, the trust funds will not be subject to the effect
of any applicable bankruptcy, insolvency, reorganization or similar laws affecting creditors’ rights generally;

 

(g) the
Company must deliver to the Trustee an Officers’ Certificate stating that the deposit was not made by the Company with the intent
of preferring the Holders of Securities over the other creditors of the Company with the intent of defeating, hindering, delaying or defrauding
creditors of the Company or others; and

 

(h) the
Company must deliver to the Trustee an Officers’ Certificate and an Opinion of Counsel, each stating that all conditions precedent
relating to the Legal Defeasance or the Covenant Defeasance have been complied with.

 

SECTION 406. DEPOSITED MONEY
AND U.S. GOVERNMENT OBLIGATIONS TO BE HELD IN TRUST; OTHER MISCELLANEOUS PROVISIONS.

 

Subject to Section 407 hereof, all money and non
callable U.S. Government Obligations (including the proceeds thereof) deposited with the Trustee (or other qualifying trustee, collectively
for purposes of this Section 406, the “Trustee”) pursuant to Section 401 or 404 hereof in respect of the Outstanding Securities
of any series shall be held in trust and applied by the Trustee, in accordance with the provisions of such Securities and this Indenture,
to the payment, either directly or through any paying agent (including the Company acting as paying agent) as the Trustee may determine,
to the Holders of such Securities of all sums due and to become due thereon in respect of principal, premium on, if any, and interest,
but such money need not be segregated from other funds except to the extent required by law.

 

The Company shall pay and indemnify the Trustee against
any tax, fee or other charge imposed on or assessed against the cash or non-callable U.S. Government Obligations deposited pursuant to
Section 401 or 404 hereof or the principal and interest received in respect thereof other than any such tax, fee or other charge which
by law is for the account of the Holders of the Outstanding Securities.

 

Anything in this Article IV to the contrary notwithstanding,
the Trustee shall deliver or pay to the Company from time to time upon the written request of the Company any money or non-callable U.S.
Government Obligations held by it as provided in Section 401 or 404 hereof which, in the opinion of a nationally recognized firm of independent
public accountants expressed in a written certification thereof delivered to the Trustee, are in excess of the amount thereof that would
then be required to be deposited to effect an equivalent Legal Defeasance or Covenant Defeasance or satisfaction and discharge of this
Indenture.

 

SECTION 407. REPAYMENT TO COMPANY.

 

Any money deposited with the Trustee or any paying
agent, or then held by the Company, in trust for the payment of the principal of, premium on, if any, or interest on any Securities and
remaining unclaimed for two years after such principal, and premium, if any, or interest has become due and payable shall be paid to the
Company on its written request or (if then held by the Company) shall be discharged from such trust; and the Holder of such Securities
shall thereafter, as an unsecured creditor, look only to the Company for payment thereof, and all liability of the Trustee or such paying
agent with respect to such trust money, and all liability of the Company as trustee thereof, shall thereupon cease; provided, however,
that the Trustee or such paying agent, before being required to make any such repayment, may at the expense of the Company cause to be
published once, in the New York Times and The Wall Street Journal (national edition), notice that such money remains unclaimed and that,
after a date specified therein, which shall not be less than 30 days from the date of such notification or publication, any unclaimed
balance of such money then remaining will be repaid to the Company.

 

SECTION 408. REINSTATEMENT.

 

If the Trustee or Paying Agent is unable to apply
any money or U.S. Government Obligations deposited with respect to Securities of any series in accordance with Section 401, 403 or 404
hereof, as the case may be, by reason of any order or judgment of any court or governmental authority enjoining, restraining or otherwise
prohibiting such application, then the Company’s obligations under this Indenture with respect to the Securities of such series
and the Securities of such series shall be revived and reinstated as though no deposit had occurred pursuant to Section 401, 403 or 404
hereof until such time as the Trustee or Paying Agent is permitted to apply all such money or U.S. Government Obligations in accordance
with Section 401, 403 or 404 hereof, as the case may be; provided, however, that, if the Company makes any payment of principal
of, premium on, if any, or interest on any Securities following the reinstatement of its obligations, the Company shall be subrogated
to the rights of the Holders of such Securities to receive such payment from the money or U.S. Government Obligations held by the Trustee
or Paying Agent.

 

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ARTICLE
V

 

REMEDIES

 

SECTION 501. EVENTS OF DEFAULT.

 

An “Event of Default” on a series occurs
if:

 

(1) the
Company defaults in the payment of interest on any Security of such series when the same becomes due and payable and the Default continues
for a period of 30 days;

 

(2) the
Company defaults in the payment of the principal of any Security of such series when the same becomes due and payable at maturity, upon
redemption or otherwise;

 

(3) the
Company fails to comply with any of its other agreements in the Securities of such series or this Indenture (as they relate thereto) and
the Default continues for the period and after the notice specified below (except in the case of a default with respect to any Change
of Control Provisions or Article VIII (or any replacement provisions contemplated by Article VIII), which will constitute Events of Default
with notice but without passage of time);

 

(4) the
acceleration of any Indebtedness of the Company in an amount of $50.0 million or more, individually or in the aggregate, and such acceleration
does not cease to exist, or such Indebtedness is not satisfied, in either case within five days after such acceleration;

 

(5)  the
failure by the Company to make any principal or interest payment in an amount of $50.0 million or more, individually or in the aggregate,
in respect of Indebtedness of the Company within five days of such principal or interest becoming due and payable (after giving effect
to any applicable grace period set forth in the documents governing such Indebtedness);

 

(6) a
final judgment or judgments in an amount of $50.0 million or more, individually or in the aggregate, for the payment of money having been
entered by a court or courts of competent jurisdiction against the Company and such judgment or judgments is not satisfied, stayed, annulled
or rescinded within 90 days after being entered;

 

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

 

(a) commences
a voluntary case,

 

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

 

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

 

(d) makes
a general assignment for the benefit of creditors;

 

(8) a
court of competent jurisdiction enters into an order or decree under any Bankruptcy Law that:

 

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

 

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

 

or

 

(c) orders
the liquidation of the Company,

 

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

 

(9) any
other Event of Default occurs with respect to Securities of that series as provided in the supplemental indenture or Board Resolutions
establishing such series of Securities.

 

The term “Bankruptcy Law” means the Bankruptcy
Act or any similar Federal or State law for the relief of debtors. The term “Custodian” means any receiver, trustee, assignee,
liquidator or similar official under any Bankruptcy Law.

 

A Default under clause (3) above is not an Event
of Default until the Trustee notifies the Company, or the Holders of at least 25% in principal amount of the Securities of the applicable
series notify the Company and the Trustee of the Default and (except in the case of a default with respect to any provisions of any supplemental
indenture or Board Resolution establishing such series of Securities giving the Holders of Securities of such series the right to require
the Company to repurchase or redeem such Securities of such series upon the occurrence of a change of control prior to the final maturity
date of such Securities of such series (“Change of Control Provisions”) or Article VIII (or any replacement provisions contemplated
by Article VIII)) the Company does not cure the Default within 90 days after receipt of the notice. The notice must specify the Default,
demand that it be remedied and state that the notice is a “Notice of Default.”

 

    -27-

     

    

 

SECTION 502. ACCELERATION.

 

If any Event of Default (other than an Event of Default
specified in clause (7) or (8) of Section 501 hereof) with respect to Securities of any series occurs and is continuing, either the Trustee
or the Holders of at least 25% in principal amount of the then Outstanding Securities of that series may declare all the Securities of
that series to be due and payable immediately. Upon any such declaration, the Securities of that series shall become due and payable immediately,
by a notice in writing to the Company (and to the Trustee if given by Holders). Notwithstanding the foregoing, if an Event of Default
specified in clause (7) or (8) of Section 501 hereof occurs with respect to any series of Securities, all outstanding Securities of that
series shall become due and payable without further action or notice. The Holders of a majority in aggregate principal amount of Securities
of any series then Outstanding by notice to the Trustee may on behalf of the Holders of all of the Securities of that series waive any
existing Default or Event of Default and its consequences under this Indenture except a continuing Default or Event of Default in the
payment of interest or premium, if any, on, or the principal of, the Securities of that series.

 

SECTION 503. OTHER REMEDIES.

 

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

 

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

 

SECTION 504. WAIVER OF PAST
DEFAULTS.

 

Holders of not less than a majority in aggregate
principal amount of the then outstanding Securities in any series by notice to the Trustee may on behalf of the Holders of all of the
Securities of that series waive any existing Default or Event of Default and its consequences hereunder, except a continuing Default or
Event of Default in the payment of the principal of, premium, if any, or interest on, the Securities of that series (including in connection
with an offer to purchase) (provided, however, that the Holders of a majority in aggregate principal amount of the then
outstanding Securities of any series may rescind an acceleration and its consequences, including any related payment default that resulted
from such acceleration, with respect to that series). Upon any such waiver, such Default shall cease to exist, and any Event of Default
arising therefrom shall be deemed to have been cured for every purpose of this Indenture; but no such waiver shall extend to any subsequent
or other Default or impair any right consequent thereon.

 

SECTION 505. CONTROL BY MAJORITY.

 

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

 

SECTION 506. LIMITATION ON SUITS.

 

A Holder of a Security of any series may pursue a
remedy with respect to this Indenture or the Securities of that series only if:

 

(a)  the
Holder of a Security of that series gives to the Trustee written notice of a continuing Event of Default;

 

(b)  the
Holders of at least 25% in principal amount of the then outstanding Securities of that series make a written request to the Trustee to
pursue the remedy;

 

(c)  such
Holder of a Security or Holders of Securities offer and, if requested, provide to the Trustee indemnity satisfactory to the Trustee against
any loss, liability or expense;

 

(d)  the
Trustee does not comply with the request within 60 days after receipt of the request and the offer and, if requested, the provision of
indemnity; and

 

(e)  during
such 60-day period the Holders of a majority in principal amount of the then outstanding Securities of that series do not give the Trustee
a direction inconsistent with the request.

 

A Holder of a Security may not use this Indenture
to prejudice the rights of another Holder of a Security or to obtain a preference or priority over another Holder of a Security.

 

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SECTION 507. RIGHTS OF HOLDERS
OF SECURITIES TO RECEIVE PAYMENT.

 

Notwithstanding any other provision of this Indenture,
the right of any Holder of a Security of any series to receive payment of principal, premium, if any, and interest on the Security, on
or after the respective due dates expressed in the Security (including in connection with an offer to purchase), or to bring suit for
the enforcement of any such payment on or after such respective dates, shall not be impaired or affected without the consent of such Holder.

 

SECTION 508. COLLECTION SUIT
BY TRUSTEE.

 

With respect to the Securities of any series, if
an Event of Default specified in clause (1) or (2) of Section 501 hereof occurs and is continuing, the Trustee is authorized to recover
judgment in its own name and as trustee of an express trust against the Company for the whole amount of principal of, premium on, if any,
and interest remaining unpaid on the Securities of that series and interest on overdue principal and, to the extent lawful, interest and
such further amount as shall be sufficient to cover the costs and expenses of collection, including the reasonable compensation, expenses,
disbursements and advances of the Trustee, its agents and counsel.

 

SECTION 509. TRUSTEE
MAY FILE PROOFS OF CLAIM.

 

The Trustee is authorized to file such proofs of
claim and other papers or documents as may be necessary or advisable in order to have the claims of the Trustee (including any claim for
the reasonable compensation, expenses, disbursements and advances of the Trustee, its agents and counsel) and the Holders of the Securities
of any series allowed in any judicial proceedings relative to the Company (or any other obligor upon the Securities), its creditors or
its property and shall be entitled and empowered to collect, receive and distribute any money or other property payable or deliverable
on any such claims and any custodian in any such judicial proceeding is hereby authorized by each Holder of that series to make such payments
to the Trustee, and in the event that the Trustee shall consent to the making of such payments directly to the Holders, to pay to the
Trustee any amount due to it for the reasonable compensation, expenses, disbursements and advances of the Trustee, its agents and counsel,
and any other amounts due the Trustee under Section 607 of this Indenture. To the extent that the payment of any such compensation, expenses,
disbursements and advances of the Trustee, its agents and counsel, and any other amounts due the Trustee under Section 607 of this Indenture
out of the estate in any such proceeding, shall be denied for any reason, payment of the same shall be secured by a Lien on, and shall
be paid out of, any and all distributions, dividends, money, securities and other properties that the Holders may be entitled to receive
in such proceeding whether in liquidation or under any plan of reorganization or arrangement or otherwise. Nothing herein contained shall
be deemed to authorize the Trustee to authorize or consent to or accept or adopt on behalf of any Holder of any series of Securities any
plan of reorganization, arrangement, adjustment or composition affecting the Securities of that series or the rights of any Holder, or
to authorize the Trustee to vote in respect of the claim of any Holder in any such proceeding.

 

SECTION 510. PRIORITIES.

 

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

 

(a) First:
to the Trustee, its agents and attorneys for amounts due under Section 607 of this Indenture, including payment of all compensation, expense
and liabilities incurred, and all advances made, by the Trustee and the costs and expenses of collection;

 

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

 

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

 

The Trustee may fix a record date and payment date
for any payment to Holders of Securities pursuant to this Section 510.

 

SECTION 511. UNDERTAKING FOR
COSTS.

 

In any suit for the enforcement of any right or remedy
under this Indenture or in any suit against the Trustee for any action taken or omitted by it as a Trustee, a court in its discretion
may require the filing by any party litigant in the suit of an undertaking to pay the costs of the suit, and the court in its discretion
may assess reasonable costs, including reasonable attorneys’ fees and expenses, against any party litigant in the suit, having due
regard to the merits and good faith of the claims or defenses made by the party litigant. This Section does not apply to a suit by the
Trustee, a suit by a Holder of a Security pursuant to Section 507 hereof, or a suit by Holders of more than 10% in principal amount of
the then outstanding Securities of any series.

 

    -29-

     

    

 

ARTICLE
VI

 

THE TRUSTEE

 

SECTION 601. CERTAIN DUTIES
AND RESPONSIBILITIES.

 

(a) Except
during the continuance of an Event of Default with respect to the Securities of any series:

 

(1) the
Trustee undertakes to perform such duties and only such duties as are specifically set forth in this Indenture, and no implied covenants
or obligations shall be read into this Indenture against the Trustee; and

 

(2) in
the absence of bad faith on its part, the Trustee may conclusively rely, as to the truth of the statements and the correctness of the
opinions expressed therein, upon certificates or opinions furnished to the Trustee and conforming to the requirements of this Indenture;
but in the case of any such certificates or opinions that by any provision hereof are specifically required to be furnished to the Trustee,
the Trustee shall be under a duty to examine the same to determine whether they conform to the requirements of this Indenture (but need
not confirm or investigate the accuracy of mathematical calculation or other facts stated therein).

 

(b) In
case an Event of Default has occurred and is continuing with respect to the Securities of any series, the Trustee shall exercise such
of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in their exercise, as a prudent person
would exercise or use under the circumstances in the conduct of his or her own affairs.

 

(c) No
provision of this Indenture shall be construed to relieve the Trustee from liability for its own negligent action, its own negligent failure
to act or its own willful misconduct, except that:

 

(1) this
Subsection shall not be construed to limit the effect of Subsection (a) of this Section;

 

(2) the
Trustee shall not be liable for any error of judgment made in good faith by a Responsible Officer, unless it shall be proved that the
Trustee was negligent in ascertaining the pertinent facts;

 

(3) the
Trustee shall not be liable with respect to any action it takes or omits to take in good faith in accordance with the direction of the
Holders of a majority in principal amount of the Outstanding Securities of any series or of all series, determined as provided in Section
505, relating to the time, method and place of conducting any proceeding for any remedy available to the Trustee, or exercising any trust
or power conferred upon the Trustee, under this Indenture with respect to the Securities of such series; and

 

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

`

    -30-

     

    

 

(d) Whether
or not therein expressly so provided, every provision of this Indenture relating to the conduct or affecting the liability of or affording
protection to the Trustee shall be subject to the provisions of this Section.

 

SECTION 602. NOTICE OF DEFAULTS.

 

Within 90 days after the occurrence of any Default
or Event of Default with respect to the Securities of any series, the Trustee shall give notice of such Default or Event of Default known
to the Trustee to all Holders of Securities of such series in the manner provided in Section 107 and in compliance with the Trust Indenture
Act, unless such Default or Event of Default shall have been cured or waived; provided, however, that, except in the case
of a Default or Event of Default in the payment of the principal of (or premium, if any) or interest on or any Additional Amounts with
respect to any Security of such series or in the payment of any sinking fund installment with respect to Securities of such series, the
Trustee shall be protected in withholding such notice if and so long as the board of directors, the executive committee or a trust committee
of directors and/or Responsible Officers of the Trustee in good faith determines that the withholding of such notice is in the interest
of the Holders of Securities of such series; and provided, further, that in the case of any Default or Event of Default
of the character specified in Section 501(3) with respect to Securities of such series, no such notice to Holders shall be given until
at least 30 days after the occurrence thereof.

 

SECTION 603. CERTAIN
RIGHTS OF TRUSTEE.

 

Subject to the provisions of Section 601:

 

(a)  the
Trustee may conclusively rely and shall be protected in acting or refraining from acting upon any resolution, certificate, statement,
instrument, opinion, report, notice, request, direction, consent, order, bond, debenture, note, coupon, other evidence of indebtedness
or other paper or document believed by it to be genuine and to have been signed or presented by the proper party or parties;

 

(b)  any
request or direction of the Company mentioned herein shall be sufficiently evidenced by a Company Request or Company Order and any resolution
of the Board of Directors may be sufficiently evidenced by a Board Resolution;

 

(c) whenever
in the administration of this Indenture the Trustee shall deem it desirable that a matter be proved or established prior to taking, suffering
or omitting any action hereunder, the Trustee (unless other evidence be herein specifically prescribed) may, in the absence of bad faith
on its part, rely upon an Officers’ Certificate;

 

(d) the
Trustee may consult with counsel of its selection and the advice of such counsel or any Opinion of Counsel shall be full and complete
authorization and protection in respect of any action taken, suffered or omitted by it hereunder in good faith and in reliance thereon;

 

(e) the
Trustee shall be under no obligation to exercise any of the rights or powers vested in it by this Indenture at the request or direction
of any of the Holders pursuant to this Indenture, unless such Holders shall have offered to the Trustee security or indemnity satisfactory
to it against the costs, expenses and liabilities that might be incurred by it in compliance with such request or direction;

 

    -31-

     

    

 

 

(f) the
Trustee shall not be bound to make any investigation into the facts or matters stated in any resolution, certificate, statement, instrument,
opinion, report, notice, request, direction, consent, order, bond, debenture, note, coupon, other evidence of indebtedness or other paper
or document, but the Trustee, in its discretion, may make such further inquiry or investigation into such facts or matters as it may see
fit, and, if the Trustee shall determine to make such further inquiry or investigation, it shall be entitled to examine the books, records
and premises of the Company, personally or by agent or attorney at the sole cost of the Company and shall incur no liability or additional
liability of any kind by reason of such inquiry or investigation;

 

(g) the
Trustee may execute any of the trusts or powers hereunder or perform any duties hereunder either directly or by or through agents or attorneys
and, except for any Affiliates of the Trustee, the Trustee shall not be responsible for any misconduct or negligence on the part of any
agent or attorney appointed with due care by it hereunder;

 

(h) the
Trustee shall not be charged with knowledge of any Default or Event of Default with respect to the Securities of any series for which
it is acting as Trustee unless either (1) a Responsible Officer shall have actual knowledge of such Default or Event of Default or (2)
written notice of such Default or Event of Default which is in fact such a default shall have been received by the Trustee at the Corporate
Trust Office of the Trustee and such notice references the Securities and this Indenture by the Company or any other obligor on such Securities
or by any Holder of such Securities;

 

(i) the
Trustee shall not be liable for any action taken, suffered or omitted by it in good faith and believed by it to be authorized or within
the discretion or rights or powers conferred upon it by this Indenture.

 

(j)
in no event shall the Trustee be responsible or liable for special, indirect, or consequential loss or damage of any kind whatsoever (including,
but not limited to, loss of profit) irrespective of whether the Trustee has been advised of the likelihood of such loss or damage and
regardless of the form of action;

 

(k) the
rights, privileges, protections, immunities and benefits given to the Trustee, including, without limitation, its right to be indemnified,
are extended to, and shall be enforceable by, the Trustee in each of its capacities hereunder, and each agent, custodian and other Person
employed to act hereunder; and

 

(l)  the
Trustee may request that the Company deliver a certificate setting forth the names of individuals and/or titles of officers authorized
at such time to take specified actions pursuant to this Indenture.

 

 SECTION 604.  NOT
RESPONSIBLE FOR RECITALS OR ISSUANCE OF SECURITIES.

 

The recitals contained herein and in the Securities,
except the Trustee’s certificates of authentication, shall be taken as the statements of the Company, and the Trustee assumes no
responsibility for their correctness. The Trustee makes no representations as to the validity or sufficiency of this Indenture or of the
Securities. The Trustee shall not be accountable for the use or application by the Company of Securities or the proceeds thereof.

 

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 SECTION 605.   MAY HOLD SECURITIES.

 

The Trustee, any Authenticating Agent, any Paying
Agent, any Security Registrar or any other agent of the Company, in its individual or any other capacity, may become the owner or pledgee
of Securities and, subject to Sections 608 and 613, may otherwise deal with the Company with the same rights it would have if it were
not the Trustee, Authenticating Agent, Paying Agent, Security Registrar or such other agent.

 

 SECTION 606.   MONEY HELD IN TRUST.

 

Money held by the Trustee in trust hereunder need
not be segregated from other funds except to the extent required by law. The Trustee shall be under no liability for interest on any money
received by it hereunder except as otherwise agreed with the Company.

 

 SECTION 607.   COMPENSATION AND REIMBURSEMENT.

 

The Company agrees:

 

(1) to
pay to the Trustee from time to time compensation for all services rendered by it hereunder (which compensation shall not be limited by
any provision of law in regard to the compensation of a trustee of an express trust);

 

(2) except
as otherwise expressly provided herein, to reimburse the Trustee upon its request for all reasonable expenses, disbursements and advances
incurred or made by the Trustee in accordance with any provision of this Indenture (including the compensation and the reasonable expenses
and disbursements of its agents and counsel), except any such expense, disbursement or advance as shall be determined to have been caused
by its own negligence or willful misconduct; and

 

(3) to
indemnify the Trustee and each of its directors, officers, employees, agents and/or representatives for, and to hold each of them harmless
against, any loss, liability or expense incurred without negligence or willful misconduct on each of their part, arising out of or in
connection with the acceptance or administration of the trust or trusts hereunder, including the costs and expenses of defending themselves
against any claim or liability in connection with the exercise or performance of any of the Trustee’s powers or duties hereunder.

 

As security for the performance of the obligations
of the Company under this Section 607, the Trustee shall have a lien prior to the Securities on all property and funds held or collected
by the Trustee as such, except funds held in trust for the payment of principal of, premium, if any, or interest, if any, on or any Additional
Amounts with respect to particular Securities.

 

Any expenses and compensation for any services rendered
by the Trustee after the occurrence of an Event of Default (including the reasonable charges and expenses of its counsel) specified in
clause (7) or (8) of Section 501 shall constitute expenses and compensation for services of administration under all applicable federal
or state bankruptcy, insolvency, reorganization or other similar laws.

 

The provisions of this Section 607 and any lien arising
hereunder shall survive the resignation or removal of the Trustee or the discharge of the Company’s obligations under this Indenture
and the termination of this Indenture.

 

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 SECTION 608.   DISQUALIFICATION; CONFLICTING INTERESTS.

 

(a)   
If the Trustee has or shall acquire any conflicting interest, as defined in this Section 608, with respect to the Securities of
any series, it shall, within 90 days after ascertaining that it has such conflicting interest, either eliminate such conflicting interest
or resign with respect to the Securities of that series in the manner and with the effect hereinafter specified in this Article.

 

(b)   
In the event that the Trustee shall fail to comply with the provisions of Subsection (a) of this Section 608 with respect to the
Securities of any series, the Trustee shall, within 10 days after the expiration of such 90-day period, transmit by mail to all Holders
of Securities of that series, as their names and addresses appear in the Security Register, notice of such failure in compliance with
the Trust Indenture Act.

 

(c)   
For the purposes of this Section, the term “conflicting interest” shall have the meaning specified in Section 310(b)
of the Trust Indenture Act and the Trustee shall comply with Section 310(b) of the Trust Indenture Act; provided, that there shall
be excluded from the operation of Section 310(b)(1) of the Trust Indenture Act with respect to the Securities of any series any indenture
or indentures under which other securities, or certificates of interest or participation in other securities, of the Company are outstanding,
if the requirements for such exclusion set forth in Section 310(b)(1) of the Trust Indenture Act are met. For purposes of the preceding
sentence, the optional provision permitted by the second sentence of Section 310(b)(1) of the Trust Indenture Act shall be applicable.

 

 SECTION 609.   CORPORATE TRUSTEE REQUIRED; ELIGIBILITY.

 

There shall at all times be a Trustee hereunder which
shall be a corporation organized and doing business under the laws of the United States of America, any State thereof or the District
of Columbia, authorized under such laws to exercise corporate trust powers, having a combined capital and surplus of at least $50 million
and subject to supervision or examination by Federal or State (or the District of Columbia) authority. If such corporation publishes reports
of condition at least annually, pursuant to law or to the requirements of said supervising or examining authority, then for the purposes
of this Section 609, the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set
forth in its most recent report of condition so published. If at any time the Trustee shall cease to be eligible in accordance with the
provisions of this Section, it shall resign immediately in the manner and with the effect hereinafter specified in this Article.

 

The Indenture shall always have a Trustee who satisfies
the requirements of Sections 310(a)(1), 310(a)(2) and 310(a)(5) of the Trust Indenture Act.

 

 SECTION 610.   RESIGNATION AND REMOVAL; APPOINTMENT OF SUCCESSOR.

 

(a)   
No resignation or removal of the Trustee and no appointment of a successor Trustee pursuant to this Article shall become effective
until the acceptance of appointment by the successor Trustee in accordance with the applicable requirements of Section 611.

 

(b)   
The Trustee may resign at any time with respect to the Securities of one or more series by giving written notice thereof to the
Company. If the instrument of acceptance by a successor Trustee required by Section 611 shall not have been delivered to the resigning
Trustee within 30 days after the giving of such notice of resignation, the resigning Trustee may petition at the expense of the Company
any court of competent jurisdiction for the appointment of a successor Trustee with respect to the Securities of such series.

 

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(c)   
The Trustee may be removed at any time with respect to the Securities of any series by Act of the Holders of a majority in principal
amount of the Outstanding Securities of such series, delivered to the Trustee and to the Company. If the instrument of acceptance by a
successor Trustee required by Section 611 shall not have been delivered to the resigning Trustee within 30 days after the giving of such
notice of resignation, the resigning Trustee may petition at the expense of the Company any court of competent jurisdiction for the appointment
of a successor Trustee with respect to the Securities of such series.

 

(d)   
If at any time:

 

(1) the
Trustee shall fail to comply with Section 608(a) after written request therefor by the Company or by any Holder who has been a bona fide
Holder of a Security for at least six months, or

 

(2) the
Trustee shall cease to be eligible under Section 609 and shall fail to resign after written request therefor by the Company or by any
such Holder of Securities, or

 

(3)  the
Trustee shall become incapable of acting or shall be adjudged a bankrupt or insolvent or a receiver of the Trustee or of its property
shall be appointed or any public officer shall take charge or control of the Trustee or of its property or affairs for the purpose of
rehabilitation, conservation or liquidation,

 

then, in any such case, (i) the Company by a Board Resolution may remove
the Trustee with respect to all Securities, or (ii) subject to Section 505, any Holder who has been a bona fide Holder of a Security for
at least six months may, on behalf of himself and all others similarly situated, petition any court of competent jurisdiction for the
removal of the Trustee with respect to all Securities and the appointment of a successor Trustee or Trustees.

 

(e)   
If the Trustee shall resign, be removed or become incapable of acting, or if a vacancy shall occur in the office of Trustee for
any cause, with respect to the Securities of one or more series, the Company, by a Board Resolution, shall promptly appoint a successor
Trustee or Trustees with respect to the Securities of that or those series (it being understood that any such successor Trustee may be
appointed with respect to the Securities of one or more or all of such series and that at any time there shall be only one Trustee with
respect to the Securities of any particular series) and such successor Trustee or Trustees shall comply with the applicable requirements
of Section 611. If no successor Trustee with respect to the Securities of any series shall have been so appointed by the Company and accepted
appointment in the manner required by Section 611, any Holder who has been a bona fide Holder of a Security of such series for at least
six months may, on behalf of himself and all others similarly situated, petition any court of competent jurisdiction for the appointment
of a successor Trustee with respect to the Securities of such series.

 

(f)
The Company shall give notice of each resignation and each removal of the Trustee with respect to the Securities of any series
and each appointment of a successor Trustee with respect to the Securities of any series by mailing written notice of such event by first-class
mail, postage prepaid, to all Holders of Securities of such series as their names and addresses appear in the Security Register. Each
notice shall include the name of the successor Trustee with respect to the Securities of such series and the address of its Corporate
Trust Office.

 

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 SECTION 611.   ACCEPTANCE OF APPOINTMENT BY SUCCESSOR.

 

(a)   
In case of the appointment hereunder of a successor Trustee with respect to all Securities, every such successor Trustee so appointed
shall execute, acknowledge and deliver to the Company and to the retiring Trustee an instrument accepting such appointment, and thereupon
the resignation or removal of the retiring Trustee shall become effective and such successor Trustee, without any further act, deed or
conveyance, shall become vested with all the rights, powers, trusts and duties of the retiring Trustee; but, on the request of the Company
or the successor Trustee, such retiring Trustee shall, upon payment of its charges, execute and deliver an instrument transferring to
such successor Trustee all the rights, powers and trusts of the retiring Trustee and shall duly assign, transfer and deliver to such successor
Trustee all property and money held by such retiring Trustee hereunder.

 

(b)   
In case of the appointment hereunder of a successor Trustee with respect to the Securities of one or more (but not all) series,
the Company, the retiring Trustee and each successor Trustee with respect to the Securities of one or more series shall execute and deliver
an indenture supplemental hereto wherein each successor Trustee shall accept such appointment and which (1) shall contain such provisions
as shall be necessary or desirable to transfer and confirm to, and to vest in, each successor Trustee all the rights, powers, trusts and
duties of the retiring Trustee with respect to the Securities of that or those series to which the appointment of such successor Trustee
relates, (2) if the retiring Trustee is not retiring with respect to all Securities, shall contain such provisions as shall be deemed
necessary or desirable to confirm that all the rights, powers, trusts and duties of the retiring Trustee with respect to the Securities
of that or those series as to which the retiring Trustee is not retiring shall continue to be vested in the retiring Trustee and (3) shall
add to or change any of the provisions of this Indenture as shall be necessary to provide for or facilitate the administration of the
trusts hereunder by more than one Trustee, it being understood that nothing herein or in such supplemental indenture shall constitute
such Trustees co-trustees of the same trust and that each such Trustee shall be trustee of a trust or trusts hereunder separate and apart
from any trust or trusts hereunder administered by any other such Trustee; and upon the execution and delivery of such supplemental indenture,
the resignation or removal of the retiring Trustee shall become effective to the extent provided therein and each such successor Trustee,
without any further act, deed or conveyance, shall become vested with all the rights, powers, trusts and duties of the retiring Trustee
with respect to the Securities of that or those series to which the appointment of such successor Trustee relates; but, on request of
the Company or any successor Trustee, such retiring Trustee shall duly assign, transfer and deliver to such successor Trustee all property
and money held by such retiring Trustee hereunder with respect to the Securities of that or those series to which the appointment of such
successor Trustee relates.

 

(c)   
Upon request of any such successor Trustee, the Company shall execute any and all instruments for more fully and certainly vesting
in and confirming to such successor Trustee all such rights, powers and trusts referred to in paragraph (a) or (b) of this Section, as
the case may be.

 

(d)   
No successor Trustee shall accept its appointment unless at the time of such acceptance such successor Trustee shall be qualified
and eligible under this Article.

 

 SECTION 612.   MERGER, CONVERSION, CONSOLIDATION OR SUCCESSION TO BUSINESS.

 

Any corporation into which the Trustee may be merged
or converted or with which it may be consolidated, or any corporation resulting from any merger, conversion or consolidation to which
the Trustee shall be a party, or any corporation succeeding to all or substantially all the corporate trust business of the Trustee, shall
be the successor of the Trustee hereunder, provided such corporation shall be otherwise qualified and eligible under this Article, without
the execution or filing of any paper or any further act on the part of any of the parties hereto; provided, however, that
in the case of a corporation succeeding to all or substantially all the corporate trust business of the Trustee, such successor corporation
shall expressly assume all of the Trustee’s liabilities hereunder. In case any Securities shall have been authenticated, but not
delivered, by the Trustee then in office, any successor by merger, conversion or consolidation to such authenticating Trustee may adopt
such authentication and deliver the Securities so authenticated with the same effect as if such successor Trustee had itself authenticated
such Securities.

 

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 SECTION 613.   PREFERENTIAL COLLECTION OF CLAIMS AGAINST COMPANY.

 

The Trustee shall comply with Section 311(a) of the
Trust Indenture Act, excluding any creditor relationship described in Section 311(b) of the Trust Indenture Act. A Trustee who has resigned
or been removed shall be subject to Section 311(a) of the Trust Indenture Act to the extent indicated therein.

 

 SECTION 614.   APPOINTMENT OF AUTHENTICATING AGENT.

 

The Trustee may appoint an Authenticating Agent or
Agents that shall be authorized to act on behalf of the Trustee to authenticate Securities issued upon original issue and upon exchange,
registration of transfer or partial redemption or pursuant to Section 306, and Securities so authenticated shall be entitled to the benefits
of this Indenture and shall be valid and obligatory for all purposes as if authenticated by the Trustee hereunder. Wherever reference
is made in this Indenture to the authentication and delivery of Securities by the Trustee or the Trustee’s certificate of authentication,
such reference shall be deemed to include authentication and delivery on behalf of the Trustee by an Authenticating Agent and a certificate
of authentication executed on behalf of the Trustee by an Authenticating Agent. Each Authenticating Agent shall be acceptable to the Company
and shall at all times be a corporation organized and doing business under the laws of the United States of America, any State thereof
or the District of Columbia having a combined capital and surplus of not less than $50 million or equivalent amount expressed in a foreign
currency and subject to supervision or examination by Federal or State (or the District of Columbia) authority or authority of such country.
If such Authenticating Agent publishes reports of condition at least annually, pursuant to law or to the requirements of said supervising
or examining authority, then for the purposes of this Section 614, the combined capital and surplus of such Authenticating Agent shall
be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If at any time an Authenticating
Agent shall cease to be eligible in accordance with the provisions of this Section 614, such Authenticating Agent shall resign immediately
in the manner and with the effect specified in this Section 614.

 

Any corporation into which an Authenticating Agent
may be merged or converted or with which it may be consolidated, or any corporation resulting from any merger, conversion or consolidation
to which such Authenticating Agent shall be a party, or any corporation succeeding to the corporate agency or corporate trust business
of an Authenticating Agent, shall continue to be an Authenticating Agent, provided such corporation shall be otherwise eligible
under this Section 614, without the execution or filing of any paper or any further act on the part of the Trustee or the Authenticating
Agent.

 

An Authenticating Agent may resign at any time by
giving written notice thereof to the Trustee and to the Company. The Trustee may at any time terminate the agency of an Authenticating
Agent by giving written notice thereof to such Authenticating Agent and to the Company. Upon receiving such a notice of resignation or
upon such a termination, or in case at any time such Authenticating Agent shall cease to be eligible in accordance with the provisions
of this Section 614, the Trustee may appoint a successor Authenticating Agent which shall be acceptable to the Company and shall mail
written notice of such appointment by first-class mail, postage prepaid, to all Holders as their names and addresses appear in the Security
Register. Any successor Authenticating Agent upon acceptance of its appointment hereunder shall become vested with all the rights, powers
and duties of its predecessor hereunder, with like effect as if originally named as an Authenticating Agent. No successor Authenticating
Agent shall be appointed unless eligible under the provisions of this Section 614.

 

    -37-

     

    

 

The Trustee agrees to pay to each Authenticating
Agent from time to time reasonable compensation for its services under this Section 614, and the Trustee shall be entitled to be reimbursed
for such payments, subject to the provisions of Section 607.

 

If an appointment is made pursuant to this Section
614, the Securities may have endorsed thereon, in addition to the Trustee’s certificate of authentication, an alternate certificate
of authentication in the following form:

 

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

 

	 	 	 
	 	 	AS TRUSTEE
	 	 	 
	 	By	 
	 	 	AS AUTHENTICATING AGENT
	 	 	 
	 	By 	 
	 	 	AS AUTHORIZED SIGNATORY”

 

Notwithstanding any provision of this Section 614
to the contrary, if at any time any Authenticating Agent appointed hereunder with respect to any series of Securities shall not also be
acting as the Security Registrar hereunder with respect to any series of Securities, then, in addition to all other duties of an Authenticating
Agent hereunder, such Authenticating Agent shall also be obligated (i) to furnish to the Security Registrar promptly all information necessary
to enable the Security Registrar to maintain at all times an accurate and current Security Register and (ii) prior to authenticating any
Security denominated in a foreign currency, to ascertain from the Company the units of such foreign currency that are required to be determined
by the Company pursuant to Section 302.

 

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ARTICLE
VII

HOLDER’S LISTS AND REPORTS BY TRUSTEE AND COMPANY

 

 SECTION 701.   COMPANY TO FURNISH TRUSTEE NAMES AND ADDRESSES OF HOLDERS.

 

With respect to each series of Securities, the Company
will furnish or cause to be furnished to the Trustee:

 

(a) semi-annually,
not more than 15 days after each Regular Record Date relating to that series (or, if there is no Regular Record Date relating to that
series, on January 1 and July 1), a list, in such form as the Trustee may reasonably require, of the names and addresses of the Holders
of that series as of such dates, and

 

(b) at
such other times as the Trustee may request in writing, within 30 days after the receipt by the Company of any such request, a list of
similar form and content, such list to be dated as of a date not more than 15 days prior to the time such list is furnished;

 

provided, that so long as the Trustee is the Security Registrar,
the Company shall not be required to furnish or cause to be furnished such a list to the Trustee. The Company shall otherwise comply with
Section 312(a) of the Trust Indenture Act.

 

 SECTION 702.   PRESERVATION OF INFORMATION; COMMUNICATIONS TO HOLDERS.

 

(a) The
Trustee shall preserve, in as current a form as is reasonably practicable, the names and addresses of Holders of each series contained
in the most recent list furnished to the Trustee as provided in Section 701 and the names and addresses of Holders of each series received
by the Trustee in its capacity as Security Registrar. The Trustee may destroy any list furnished to it as provided in Section 701 upon
receipt of a new list so furnished. The Trustee shall otherwise comply with Section 312(a) of the Trust Indenture Act.

 

(b) Holders
of Securities may communicate pursuant to Section 312(b) of the Trust Indenture Act with other Holders with respect to their rights under
this Indenture or under the Securities. The Company, the Trustee, the Security Registrar and any other Person shall have the protection
of Section 312(c) of the Trust Indenture Act.

 

 SECTION 703.   REPORTS BY TRUSTEE.

 

(a) Within
60 days after May 15 of each year commencing with the year 2022, the Trustee shall transmit by mail to Holders a brief report dated as
of such May 15 that complies with Section 313(a) of the Trust Indenture Act. The Trustee shall comply with Section 313(b) of the Trust
Indenture Act. The Trustee shall transmit by mail all reports as required by Sections 313(c) and 313(d) of the Trust Indenture Act.

 

(b) A copy
of each report pursuant to Subsection (a) of this Section 703 shall, at the time of its transmission to Holders, be filed by the Trustee
with each stock exchange upon which any Securities are listed, with the SEC and with the Company. The Company will notify the Trustee
when any Securities are listed or delisted on any stock exchange.

 

 SECTION 704.   REPORTS BY COMPANY.

 

The Company shall file with the Trustee, within 15
days after the Company is required to file the same with the SEC, copies of the annual reports and of the information, documents and other
reports (or copies of such portions of any of the foregoing as the SEC may from time to time by rules and regulations prescribe) which
the Company may be required to file with the SEC pursuant to Section 13 or Section 15(d) of the Securities Exchange Act of 1934, as amended,
and shall otherwise comply with Section 314(a) of the Trust Indenture Act.

 

Delivery of such reports, information and documents
to the Trustee is for informational purposes only and the Trustee’s receipt of such shall not constitute constructive notice of any information
contained therein or determinable from information contained therein, including the Company’s compliance with any of its covenants hereunder
(as to which the Trustee is entitled to rely exclusively on Officers’ Certificates).

 

    -39-

     

    

 

ARTICLE
VIII

CONSOLIDATION, MERGER, CONVEYANCE,

TRANSFER OR LEASE

 

 SECTION 801.   COMPANY MAY CONSOLIDATE, ETC., ONLY ON CERTAIN TERMS.

 

(a)   
The Company shall not, directly or indirectly, in any transaction or series of related transactions: (1) consolidate or merge with
or into another Person (whether or not the Company is the surviving corporation); (2) sell, assign, transfer, convey or otherwise dispose
of all or substantially all of the properties or assets of the Company and its Subsidiaries taken as a whole, or (3) assign any of its
obligations under the Securities and this Indenture, in one or more related transactions, to another Person; unless:

 

(i)  either:
(A) the Company is the surviving corporation; or (B) the Person formed by or surviving any such consolidation or merger (if other than
the Company) or to which such sale, assignment, transfer, conveyance or other disposition shall have been made is a corporation organized
or existing under the laws of the United States, any state thereof or the District of Columbia;

 

(ii)  the
Person formed by or surviving any such consolidation or merger (if other than the Company) or the Person to which such sale, assignment,
transfer, conveyance or other disposition shall have been made assumes all the obligations of the Company under the Securities and this
Indenture pursuant to agreements reasonably satisfactory to the Trustee;

 

(iii)  immediately
after such transaction no Default or Event of Default exists;

 

(iv)  the
Company shall have delivered to the Trustee an Officers’ Certificate and an Opinion of Counsel, each stating that such merger, consolidation
or sale, assignment, transfer, conveyance or other disposition of such properties or assets or assignment of its obligations under the
Securities and this Indenture and such supplemental indenture, if any, comply with this Indenture.

 

(b)   
The Company shall not, directly or indirectly, lease all or substantially all of its properties or assets, in one or more related
transactions, to any other Person.

 

(c)   
Notwithstanding the foregoing, this Section 801 shall not apply to a sale, assignment, transfer, conveyance or other disposition
of assets between or among the Company and any of its Wholly Owned Subsidiaries.

 

 SECTION 802.   SUCCESSOR PERSON SUBSTITUTED.

 

Upon any consolidation or merger, any sale, assignment,
transfer, lease, conveyance or other disposition of all or substantially all of the assets of the Company, or any assignment of the obligations
under the Securities and this Indenture in accordance with Section 801 hereof, the successor corporation formed by such consolidation
or into or with which the Company is merged or to which such sale, assignment, transfer, lease, conveyance or other disposition is made
shall succeed to, and be substituted for (so that from and after the date of such consolidation, merger, sale, lease, conveyance or other
disposition, the provisions of this Indenture referring to the “Company” shall refer instead to the successor corporation
and not to the Company), and may exercise every right and power of the Company under this Indenture with the same effect as if such successor
Person had been named as the Company herein; provided, however, that the predecessor Company shall not be relieved from
the obligation to pay the principal of and interest on the Securities except in the case of a sale of all of the Company’s assets
that meets the requirements of Section 801 hereof.

 

    -40-

     

    

 

ARTICLE
IX

SUPPLEMENTAL INDENTURES

 

 SECTION 901.   WITHOUT CONSENT OF HOLDERS.

 

Notwithstanding Section 902 of this Indenture, the
Company and the Trustee may amend or supplement this Indenture or the Securities of any series without the consent of any Holder of a
Security of any series:

 

(a) to
cure any ambiguity, defect or inconsistency;

 

(b) to
provide for uncertificated Securities in addition to or in place of certificated Securities or to alter the provisions of Article II of
this Indenture (including the related definitions) in a manner that does not materially adversely affect any Holder;

 

(c) to
establish the form or terms of Securities of any series as permitted by Sections 201 and 301 of this Indenture;

 

(d) to
provide for the assumption of the Company’s or any Guarantor’s obligations to the Holders of the Securities by a successor
to the Company pursuant to Article VIII of this Indenture;

 

(e) to
make any change that would provide any additional rights or benefits to the Holders of the Securities or that does not adversely affect
the legal rights hereunder of any such Holder;

 

(f) to
comply with requirements of the SEC in order to effect or maintain the qualification of this Indenture under the Trust Indenture Act;

 

(g) to
evidence and provide the acceptance of the appointment of a successor Trustee pursuant to Sections 610 and 611 of this Indenture; and

 

(h) to
add a Guarantor of the Securities.

 

Upon the request of the Company accompanied by a
resolution of its Board of Directors authorizing the execution of any such amended or supplemental indenture, and upon receipt by the
Trustee of the documents described in Section 603 of this Indenture, the Trustee shall join with the Company in the execution of any amended
or supplemental indenture authorized or permitted by the terms of this Indenture and to make any further appropriate agreements and stipulations
that may be therein contained, but the Trustee shall not be obligated to enter into such amended or supplemental indenture that affects
its own rights, duties or immunities under this Indenture or otherwise.

 

    -41-

     

    

 

 SECTION 902.   WITH CONSENT OF HOLDERS.

 

Except as provided below in this Section 902, the
Company and the Trustee may amend or supplement this Indenture and the Securities of any series may be amended or supplemented with the
consent of the Holders of at least a majority in aggregate principal amount at maturity of Securities of that series then Outstanding
voting as a single class (including, without limitation, consents obtained in connection with a purchase of, or tender offer or exchange
offer for, that series of Securities), and, subject to Sections 504 and 507 hereof, any existing Default or Event of Default (other than
a Default or Event of Default in the payment of the principal of, premium, if any, and interest, if any, on such Securities, except a
payment default resulting from an acceleration that has been rescinded) or compliance with any provision of this Indenture or such Securities
may be waived with the consent of the Holders of a majority in aggregate principal amount at maturity of the then Outstanding Securities
of that series voting as a single class (including without limitation, consents obtained in connection with a purchase of, or tender offer
or exchange offer for, that series of Securities).

 

Upon the request of the Company accompanied by a
Board Resolution authorizing the execution of any such amended or supplemental indenture, and upon the filing with the Trustee of evidence
satisfactory to the Trustee of the consent of the Holders of that series of Securities as aforesaid, and upon receipt by the Trustee of
the documents described in Section 603 of this Indenture, the Trustee shall join with the Company in the execution of such amended or
supplemental indenture unless such amended or supplemental indenture directly affects the Trustee’s own rights, duties or immunities
under this Indenture or otherwise, in which case the Trustee may in its discretion, but shall not be obligated to, enter into such amended
or supplemental indenture.

 

It shall not be necessary for the consent of the
Holders of Securities under this Section 902 to approve the particular form of any proposed amendment or waiver, but it shall be sufficient
if such consent approves the substance thereof.

 

After an amendment, supplement or waiver under this
Section becomes effective, the Company shall mail to the Holders of Securities of any series affected thereby a notice briefly describing
the amendment, supplement or waiver. Any failure of the Company to mail such notice, or any defect therein, shall not, however, in any
way impair or affect the validity of any such amended or supplemental indenture or waiver.

 

Subject to Sections 504 and 507 hereof, the Holders
of a majority in aggregate principal amount at maturity of a series of Securities then Outstanding voting as a single class may waive
compliance in a particular instance by the Company with any provision of this Indenture or the Securities. However, without the consent
of each Holder of a series of Securities affected, an amendment or waiver under this Section 902 may not (with respect to the series of
Securities held by a non-consenting Holder):

 

(a)  reduce
the principal amount of the then Outstanding Securities whose Holders must consent to an amendment, supplement or waiver;

 

(b)  reduce
the principal of or change the fixed maturity of any Security or alter any of the provisions with respect to the redemption of the Securities
unless otherwise specifically provided for in the supplemental indenture;

 

(c)  reduce
the rate of or change the time for payment of interest on any Security;

 

(d)  waive
a Default or Event of Default in the payment of principal of, or interest or premium, if any, on the Securities (except a rescission of
acceleration of the Securities by the Holders of any series of Securities of at least a majority in aggregate principal amount of the
then Outstanding Securities of that series and a waiver of the payment default that resulted from such acceleration);

 

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(e)  make
any Security payable in money other than that stated in the Security;

 

(f)  make
any change in the provisions of this Indenture relating to waivers of past Defaults or the rights of Holders of Securities to receive
payments of principal of, or interest or premium, if any, on the Securities;

 

(g)  waive
a redemption payment with respect to any Security (other than as may be specifically permitted by the supplemental indenture);

 

(h)  cause
the Securities to become subordinated in right of payment to any other Indebtedness;

 

(i)  release
any Guarantor from any of its obligations under its Guarantee or this Indenture, except in accordance with the terms thereof; or

 

(j)  make
any change in Sections 504 or 507 or the foregoing amendment and waiver provisions.

 

 SECTION 903.   COMPLIANCE WITH TRUST INDENTURE ACT.

 

Every amendment or supplement to this Indenture or
the Securities shall be set forth in an amended or supplemental indenture that complies with the Trust Indenture Act as then in effect.

 

 SECTION 904.   REVOCATION AND EFFECT OF CONSENTS.

 

Until an amendment, supplement or waiver becomes
effective, a consent to it by a Holder of a Security is a continuing consent by the Holder of a Security and every subsequent Holder of
a Security or portion of a Security that evidences the same debt as the consenting Holder’s Security, even if notation of the consent
is not made on any Security. However, any such Holder of a Security or subsequent Holder of a Security may revoke the consent as to its
Security if the Trustee receives written notice of revocation before the date the waiver, supplement or amendment becomes effective. An
amendment, supplement or waiver becomes effective in accordance with its terms and thereafter binds every Holder.

 

 SECTION 905.   NOTATION ON OR EXCHANGE OF SECURITIES.

 

The Trustee may place an appropriate notation about
an amendment, supplement or waiver on any Security thereafter authenticated. The Company in exchange for all Securities of a series may
issue and the Trustee shall, upon receipt of a written order from the Company to authenticate such Securities, authenticate new Securities
that reflect the amendment, supplement or waiver.

 

 SECTION 906.   TRUSTEE TO SIGN AMENDMENTS, ETC.

 

The Trustee shall sign any amended or supplemental
indenture authorized pursuant to this Article IX if the amendment or supplement does not adversely affect the rights, duties, liabilities
or immunities of the Trustee. The Company may not sign an amendment or supplemental indenture until the Board of Directors approves it.
In executing any amended or supplemental indenture, the Trustee shall be given and (subject to Section 601 of this Indenture) shall be
fully protected in relying upon, in addition to the documents required by Section 603 this Indenture, an Officer’s Certificate and
an Opinion of Counsel stating that the execution of such amended or supplemental indenture is authorized or permitted by this Indenture.

 

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ARTICLE
X

COVENANTS

 

 SECTION 1001.  PAYMENT OF PRINCIPAL, PREMIUM AND INTEREST.

 

The Company covenants and agrees for the benefit
of each series of Securities that it will duly and punctually pay the principal of (and premium, if any), interest on and any Additional
Amounts with respect to the Securities of that series in accordance with the terms of the Securities and this Indenture.

 

 SECTION 1002.  MAINTENANCE OF OFFICE OR AGENCY.

 

If Securities of a series are issuable only as Registered
Securities, the Company will maintain in each Place of Payment for any series of Securities an office or agency where Securities of that
series may be presented or surrendered for payment, where Securities of that series may be surrendered for registration of transfer or
exchange and where notices and demands to or upon the Company in respect of the Securities of that series and this Indenture may be served.
The Company will give prompt written notice to the Trustee of the location, and any change in the location, of such office or agency.
If at any time the Company shall fail to maintain any such required office or agency or shall fail to furnish the Trustee with the address
thereof, such presentations, surrenders, notices and demands may be made or served at the Corporate Trust Office of the Trustee.

 

The Company may also from time to time designate
one or more other offices or agencies where the Securities of one or more series may be presented or surrendered for any or all such purposes
and may from time to time rescind such designations; provided, however, that no such designation or rescission shall in
any manner relieve the Company of its obligation to maintain an office or agency in each Place of Payment for Securities of any series
for such purposes. The Company will give prompt written notice to the Trustee of any such designation or rescission and of any change
in the location of any such other office or agency.

 

 SECTION 1003.  MONEY FOR SECURITIES PAYMENTS TO BE HELD IN TRUST.

 

If the Company shall at any time act as its own Paying
Agent with respect to any series of Securities, it will, on or before each due date of the principal of (and premium, if any) or interest
on or any Additional Amounts with respect to any of the Securities of that series, segregate and hold in trust for the benefit of the
Persons entitled thereto a sum sufficient to pay the principal (and premium, if any) or interest so becoming due until such sums shall
be paid to such Persons or otherwise disposed of as herein provided and will promptly notify the Trustee of its action or failure so to
act.

 

Whenever the Company shall have one or more Paying
Agents for any series of Securities, the Company will, on or before each due date of the principal of (and premium, if any) or interest
on any Securities of that series, deposit with a Paying Agent a sum sufficient to pay the principal (and premium, if any) or interest
so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal, premium or interest, and (unless
such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its action or failure so to act.

 

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The Company will cause each Paying Agent for any
series of Securities other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree
with the Trustee, subject to the provisions of this Section, that such Paying Agent will:

 

(1) hold
all sums held by it for the payment of the principal of (and premium, if any), interest on or any Additional Amounts with respect to Securities
of that series in trust for the benefit of the Persons entitled thereto until such sums shall be paid to such Persons or otherwise disposed
of as herein provided;

 

(2) give
the Trustee notice of any default by the Company (or any other obligor upon the Securities of that series) in the making of any payment
of principal (and premium, if any), interest on or any Additional Amounts with respect to the Securities of that series; and

 

(3) at
any time during the continuance of any such default, upon the written request of the Trustee, forthwith pay to the Trustee all sums so
held in trust by such Paying Agent.

 

The Company may at any time, for the purpose of obtaining
the satisfaction and discharge of this Indenture or for any other purpose, pay, or by Company Order direct any Paying Agent to pay, to
the Trustee all sums held in trust by the Company or such Paying Agent, such sums to be held by the Trustee upon the same trusts as those
upon which sums were held by the Company or such Paying Agent; and, upon such payment by any Paying Agent to the Trustee, such Paying
Agent shall be released from all further liability with respect to such money.

 

Any money deposited with the Trustee or any Paying
Agent, or then held by the Company, in trust for the payment of the principal of (and premium, if any) or interest on any Security of
any series and remaining unclaimed for three years after such principal (and premium, if any) or interest has become due and payable shall,
unless otherwise required by mandatory provisions of applicable escheat, or abandoned or unclaimed property law, be paid to the Company
on Company Request, or (if then held by the Company) shall be discharged from such trust; and the Holder of such Security shall thereafter,
as an unsecured general creditor, look only to the Company for payment thereof, and all liability of the Trustee or such Paying Agent
with respect to such trust money, and all liability of the Company as trustee thereof, shall thereupon cease; provided, however,
that the Trustee or such Paying Agent, before being required to make any such repayment, may at the expense of the Company cause to be
published once, in an Authorized Newspaper in the Borough of Manhattan, the City of New York and in such other Authorized Newspapers as
the Trustee shall deem appropriate, notice that such money remains unclaimed and that, after a date specified herein, which shall not
be less than 30 days from the date of such publication, any unclaimed balance of such money then remaining will, unless otherwise required
by mandatory provisions of applicable escheat, or abandoned or unclaimed property law, be repaid to the Company.

 

 SECTION 1004.  EXISTENCE.

 

Subject to Article VIII, the Company will do or cause
to be done all things necessary to preserve and keep in full force and effect its corporate existence.

 

 SECTION 1005.  STATEMENT BY OFFICERS AS TO DEFAULT.

 

The Company shall deliver to the Trustee, within
120 days after the end of each fiscal year, an Officers’ Certificate stating that a review of the activities of the Company and
its Subsidiaries during the preceding fiscal year has been made under the supervision of the signing officers with a view to determining
whether the Company has kept, observed, performed and fulfilled its obligations under this Indenture, and further stating, as to each
such officer signing such certificate, that to the best of his or her knowledge the Company has kept, observed, performed and fulfilled
each and every covenant contained in this Indenture and is not in default in the performance or observance of any of the terms, provisions
and conditions of this Indenture (or, if a Default or Event of Default shall have occurred, describing all such Defaults or Events of
Default of which he or she may have knowledge and what action the Company is taking or proposes to take with respect thereto) and that
to the best of his or her knowledge no event has occurred and remains in existence by reason of which payments on account of the principal
of or interest, if any, on the Securities is prohibited or if such event has occurred, a description of the event and what action the
Company is taking or proposes to take with respect thereto.

 

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The Company shall, so long as any of the Securities
are outstanding, deliver to the Trustee, forthwith and in any event within five days upon any officer becoming aware of any Default or
Event of Default or an event which, with notice or the lapse of time or both, would constitute an Event of Default, an Officers’
Certificate specifying such Default or Event of Default and what action the Company is taking or proposes to take with respect thereto.

 

 SECTION 1006.  WAIVER OF CERTAIN COVENANTS.

 

The Company may omit in any particular instance to
comply with any covenant or condition set forth in Section 1005, or any covenant added for the benefit of any series of Securities as
contemplated by Section 301 (unless otherwise specified pursuant to Section 301) if before or after the time for such compliance the Holders
of a majority in principal amount of the Outstanding Securities of all series affected by such omission (acting as one class) shall, by
Act of such Holders, either waive such compliance in such instance or generally waive compliance with such covenant or condition, but
no such waiver shall extend to or affect such covenant or condition except to the extent so expressly waived, and, until such waiver shall
become effective, the obligations of the Company and the duties of the Trustee in respect of any such covenant or condition shall remain
in full force and effect.

 

 SECTION 1007. ADDITIONAL AMOUNTS.

 

If the Securities of a series expressly provide for
the payment of Additional Amounts, the Company will pay to the Holder of any Security of such series Additional Amounts as expressly provided
therein. Whenever in this Indenture there is mentioned, in any context, the payment of the principal of or any premium or interest on,
or in respect of, any Security of any series or the net proceeds received from the sale or exchange of any Security of any series, such
mention shall be deemed to include mention of the payment of Additional Amounts provided for in this Section 1007 to the extent that,
in such context, Additional Amounts are, were or would be payable in respect thereof pursuant to the provisions of this Section 1007 and
express mention of the payment of Additional Amounts (if applicable) in any provisions hereof shall not be construed as excluding Additional
Amounts in those provisions hereof where such express mention is not made.

 

If the Securities of a series provide for the payment
of Additional Amounts, at least 10 days prior to the first Interest Payment Date with respect to that series of Securities (or if the
Securities of that series will not bear interest prior to Maturity, the first day on which a payment of principal and any premium is made),
and at least 10 days prior to each date of payment of principal and any premium or interest if there has been any change with respect
to the matters set forth in the below-mentioned Officers’ Certificate, the Company shall furnish the Trustee and the Company’s
principal Paying Agent or Paying Agents, if other than the Trustee, with an Officers’ Certificate instructing the Trustee and such
Paying Agent or Paying Agents whether such payment of principal of and any premium or interest on the Securities of that series shall
be made to Holders of Securities of that series who are United States Aliens without withholding for or on account of any tax, assessment
or other governmental charge described in the Securities of that series. If any such withholding shall be required, then such Officers’
Certificate shall specify by country the amount, if any, required to be withheld on such payments to such Holders of Securities and the
Company will pay to such Paying Agent the Additional Amounts required by this Section. The Company covenants to indemnify the Trustee
and any Paying Agent for, and to hold them harmless against any loss, liability or expense reasonably incurred without negligence or willful
misconduct on their part arising out of or in connection with actions taken or omitted by any of them in reliance on any Officers’
Certificate furnished pursuant to this Section 1007.

 

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ARTICLE
XI

REDEMPTION OF SECURITIES

 

 SECTION 1101. APPLICABILITY OF ARTICLE.

 

Securities of any series which are redeemable before
their Stated Maturity shall be redeemable in accordance with their terms and (except as otherwise specified as contemplated by Section
301 for Securities of any series) in accordance with this Article.

 

 SECTION 1102. ELECTION TO REDEEM; NOTICE TO TRUSTEE.

 

The election of the Company to redeem any Securities
shall be evidenced by a Board Resolution. In case of any redemption at the election of the Company of less than all the Securities of
any series, the Company shall, a reasonable period prior to the Redemption Date fixed by the Company (unless a shorter notice shall be
satisfactory to the Trustee), notify the Trustee of such Redemption Date and of the principal amount of Securities of such series to be
redeemed. In the case of any redemption of Securities prior to the expiration of any restriction on such redemption provided in the terms
of such Securities or elsewhere in this Indenture, the Company shall furnish the Trustee with an Officers’ Certificate evidencing
compliance with such restriction.

 

 SECTION 1103. SELECTION BY TRUSTEE OF SECURITIES TO BE REDEEMED.

 

If less than all the Securities of any series are
to be redeemed, the particular Securities to be redeemed shall be selected not more than 60 days prior to the Redemption Date by the Trustee,
from the Outstanding Securities of such series not previously called for redemption, by such method as the Trustee shall deem fair and
appropriate and that may provide for the selection for redemption of portions (equal to the minimum authorized denomination for Securities
of that series or any integral multiple thereof) of the principal amount of Securities of such series of a denomination larger than the
minimum authorized denomination for Securities of that series or of the principal amount of global Securities of such series.

 

The Trustee shall promptly notify the Company and
the Security Registrar in writing of the Securities selected for redemption and, in the case of any Securities selected for partial redemption,
the principal amount thereof to be redeemed.

 

For all purposes of this Indenture, unless the context
otherwise requires, all provisions relating to the redemption of Securities shall relate, in the case of any Securities redeemed or to
be redeemed only in part, to the portion of the principal amount of such Securities which has been or is to be redeemed.

 

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 SECTION 1104. NOTICE OF REDEMPTION.

 

Notice of redemption shall be given in the manner
provided in Section 107 to each Holder of Securities to be redeemed not less than 30 nor more than 60 days prior to the Redemption Date.

 

All notices of redemption shall state:

 

(1) the
Redemption Date,

 

(2) the
Redemption Price,

 

(3) if
less than all the Outstanding Securities of any series are to be redeemed, the identification (and, in the case of partial redemption,
the principal amounts) of the particular Securities to be redeemed,

 

(4) that
on the Redemption Date the Redemption Price will become due and payable upon each such Security to be redeemed and, if applicable, that
interest thereon will cease to accrue on and after said date,

 

(5) the
place or places where such Securities are to be surrendered for payment of the Redemption Price,

 

(6) that
the redemption is for a sinking fund, if such is the case, and

 

(7) the
“CUSIP” number, if applicable.

 

A notice of redemption as contemplated by Section
107 need not identify particular Registered Securities to be redeemed. Notice of redemption of Securities to be redeemed at the election
of the Company shall be given by the Company or, at the Company’s request and provision to the Trustee of the notice information
10 days prior to delivery of the notice, by the Trustee in the name and at the expense of the Company.

 

 SECTION 1105. DEPOSIT OF REDEMPTION PRICE.

 

On or before 10:00 a.m., New York City time, on any
Redemption Date, the Company shall deposit with the Trustee or with a Paying Agent (or, if the Company is acting as its own Paying Agent,
segregate and hold in trust as provided in Section 1003) an amount of money sufficient to pay the Redemption Price of, and (except if
the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect to all the Securities
to be redeemed on that date.

 

 SECTION 1106. SECURITIES PAYABLE ON REDEMPTION DATE.

 

Notice of redemption having been given as aforesaid,
the Securities so to be redeemed shall, on the Redemption Date, become due and payable at the Redemption Price therein specified, and
from and after such date (unless the Company shall default in the payment of the Redemption Price and accrued interest) such Securities
shall cease to bear interest. Upon surrender of any such Security for redemption in accordance with said notice, such Security shall be
paid by the Company at the Redemption Price, together with accrued interest (and any Additional Amounts) to the Redemption Date; provided,
however, that installments of interest whose Stated Maturity is on or prior to the Redemption Date shall be payable to the Holders
of such Securities, or one or more Predecessor Securities, registered as such at the close of business on the relevant Record Dates according
to their terms and the provisions of Section 307.

 

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If any Security called for redemption shall not be
so paid upon surrender thereof for redemption, the principal (and premium, if any) shall, until paid, bear interest from the Redemption
Date at the rate prescribed therefor in the Security or, in the case of Original Issue Discount Securities, the Securities’ Yield
to Maturity.

 

 SECTION 1107. SECURITIES REDEEMED IN PART.

 

Any Registered Security which is to be redeemed only
in part shall be surrendered at a Place of Payment therefor (with, if the Company or the Trustee so requires, due endorsement by, or a
written instrument of transfer in form satisfactory to the Company and the Trustee duly executed by, the Holder thereof or his attorney
duly authorized in writing), and the Company shall execute, and the Trustee shall authenticate and deliver to the Holder of such Security
without service charge, a new Registered Security or Securities of the same series and Stated Maturity, of any authorized denomination
as requested by such Holder, in aggregate principal amount equal to and in exchange for the unredeemed portion of the principal of the
Security so surrendered.

 

 SECTION 1108. PURCHASE OF SECURITIES.

 

Unless otherwise specified as contemplated by Section
301, the Company and any Affiliate of the Company may at any time purchase or otherwise acquire Securities in the open market or by private
agreement. Such acquisition shall not operate as or be deemed for any purpose to be a redemption of the indebtedness represented by such
Securities. Any Securities purchased or acquired by the Company may be delivered to the Trustee and, upon such delivery, the indebtedness
represented thereby shall be deemed to be satisfied. Section 309 shall apply to all Securities so delivered.

 

ARTICLE
XII

SINKING FUNDS

 

 SECTION 1201. APPLICABILITY OF ARTICLE.

 

The provisions of this Article shall be applicable
to any sinking fund for the retirement of Securities of a series except as otherwise specified as contemplated by Section 301 for Securities
of such series.

 

The minimum amount of any sinking fund payment provided
for by the terms of Securities of any series is herein referred to as a “mandatory sinking fund payment,” and any payment
in excess of such minimum amount provided for by the terms of Securities of any series is herein referred to as an “optional sinking
fund payment.” Unless otherwise provided by the terms of Securities of any series, the cash amount of any sinking fund payment may
be subject to reduction as provided in Section 1202. Each sinking fund payment shall be applied to the redemption of Securities of any
series as provided for by the terms of Securities of such series.

 

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 SECTION 1202. SATISFACTION OF SINKING FUND PAYMENTS WITH SECURITIES.

 

The Company (1) may deliver Outstanding Securities
of a series (other than any previously called for redemption), and (2) may apply as a credit Securities of a series which have been redeemed
either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking
fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment with
respect to the Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of
such series; provided that such Securities have not been previously so credited. Such Securities shall be received and credited
for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund
and the amount of such sinking payment shall be reduced accordingly.

 

 SECTION 1203. REDEMPTION OF SECURITIES FOR SINKING FUND.

 

Not less than 45 days prior (unless a shorter period
shall be satisfactory to the Trustee) to each sinking fund payment date for any series of Securities, the Company will deliver to the
Trustee an Officers’ Certificate specifying the amount of the next ensuing sinking fund payment for that series pursuant to the
terms of that series, the portion thereof, if any, which is to be satisfied by payment of cash and the portion thereof, if any, which
is to be satisfied by delivery of or by crediting Securities of that series pursuant to Section 1202 and will also deliver to the Trustee
any Securities to be so delivered. Not less than 30 days before each such sinking fund payment date the Trustee shall select the Securities
to be redeemed upon such sinking fund payment date in the manner specified in Section 1103 and cause notice of the redemption thereof
to be given in the name of and at the expense of the Company in the manner provided in Section 1104. Such notice having been duly given,
the redemption of such Securities shall be made upon the terms and in the manner stated in Sections 1106 and 1107.

 

ARTICLE
XIII

MEETINGS OF HOLDERS OF SECURITIES

 

 SECTION 1301. PURPOSES FOR WHICH MEETINGS MAY BE CALLED.

 

A meeting of Holders of Securities of any or all
series may be called at any time and from time to time pursuant to this Article to make, give or take any request, demand, authorization,
direction, notice, consent, waiver or other action provided by this Indenture to be made, given or taken by Holders of Securities of such
series.

 

 SECTION 1302. CALL, NOTICE AND PLACE OF MEETINGS.

 

(a) The
Trustee may at any time call a meeting of Holders of Securities of any series for any purpose specified in Section 1301, to be held at
such time and at such place in the Borough of Manhattan, the City of New York, or in any other location, as the Trustee shall determine.
Notice of every meeting of Holders of Securities of any series, setting forth the time and the place of such meeting and in general terms
the action proposed to be taken at such meeting, shall be given, in the manner provided in Section 107, not less than 20 nor more than
180 days prior to the date fixed for the meeting.

 

(b) In case
at any time the Company, pursuant to a Board Resolution, or the Holders of at least 10% in aggregate principal amount of the Outstanding
Securities of any series, shall have requested the Trustee for any such series to call a meeting of the Holders of Securities of such
series for any purpose specified in Section 1301, by written request setting forth in reasonable detail the action proposed to be taken
at the meeting, and the Trustee shall not have made the first publication of the notice of such meeting within 30 days after receipt of
such request or shall not thereafter proceed to cause the meeting to be held as provided herein, then the Company or the Holders of Securities
of such series in the amount above specified, as the case may be, may determine the time and the place in the Borough of Manhattan, the
City of New York for such meeting and may call such meeting for such purposes by giving notice thereof as provided in Subsection (a) of
this Section.

 

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 SECTION 1303. PERSONS ENTITLED TO VOTE AT MEETINGS.

 

To be entitled to vote at any meeting of Holders
of Securities of any series, a Person shall be (1) a Holder of one or more Outstanding Securities of such series, or (2) a Person appointed
by an instrument in writing as proxy for a Holder or Holders of one or more Outstanding Securities of such series by such Holder or Holders.
The only Persons who shall be entitled to be present or to speak at any meeting of Holders of Securities of any series shall be the Persons
entitled to vote at such meeting and their counsel, any representatives of the Trustee and its counsel and any representatives of the
Company and its counsel.

 

 SECTION 1304. QUORUM; ACTION.

 

The Persons entitled to vote a majority in aggregate
principal amount of the Outstanding Securities of a series shall constitute a quorum for a meeting of Holders of Securities of such series.
In the absence of a quorum within 30 minutes of the time appointed for any such meeting, the meeting shall, if convened at the request
of Holders of Securities of such series, be dissolved. In any other case, the meeting may be adjourned for a period of not less than 10
days as determined by the chairman of the meeting prior to the adjournment of such meeting. In the absence of a quorum at any such adjourned
meeting, such adjourned meeting may be further adjourned for a period of not less than 10 days as determined by the chairman of the meeting
prior to the adjournment of such adjourned meeting. Subject to Section 1305(d), notice of the reconvening of any adjourned meeting shall
be given as provided in Section 1302(a), except that such notice need be given only once not less than five days prior to the date on
which the meeting is scheduled to be reconvened. Notice of the reconvening of an adjourned meeting shall state expressly that Persons
entitled to vote a majority in principal amount of the Outstanding Securities of such series shall constitute a quorum.

 

Except as limited by the proviso to Section 902,
any resolution presented to a meeting or adjourned meeting duly reconvened at which a quorum is present as aforesaid may be adopted by
the affirmative vote of the Holders of a majority in aggregate principal amount of the Outstanding Securities of that series; provided,
however, that, except as limited by the proviso to Section 902, any resolution with respect to any request, demand, authorization,
direction, notice, consent or waiver which this Indenture expressly provides may be made, given or taken by the Holders of a specified
percentage that is less than a majority in aggregate principal amount of the Outstanding Securities of a series may be adopted at a meeting
or an adjourned meeting duly reconvened and at which a quorum is present as aforesaid by the affirmative vote of the Holders of such specified
percentage in aggregate principal amount of the Outstanding Securities of that series.

 

Except as limited by the fourth paragraph of Section
902, any resolution passed or decision taken at any meeting of Holders of Securities of any series duly held in accordance with this Section
shall be binding on all the Holders of Securities of such series, whether or not present or represented at the meeting.

 

 SECTION 1305. DETERMINATION OF VOTING RIGHTS; CONDUCT AND ADJOURNMENT OF MEETINGS.

 

(a) The
holding of Securities shall be proved in the manner specified in Section 105 and the appointment of any proxy shall be proved in the manner
specified in Section 105. Such regulations may provide that written instruments appointing proxies, regular on their face, may be presumed
valid and genuine without the proof specified in Section 105 or other proof.

 

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(b) The
Trustee shall, by an instrument in writing, appoint a temporary chairman of the meeting, unless the meeting shall have been called by
the Company or by Holders of Securities as provided in Section 1302(b), in which case the Company or the Holders of Securities of the
series calling the meeting, as the case may be, shall appoint a temporary chairman. A permanent chairman and a permanent secretary of
the meeting shall be elected by vote of the Persons entitled to vote a majority in aggregate principal amount of the Outstanding Securities
of such series represented at the meeting.

 

(c) At any
meeting each Holder of a Security of such series and each proxy shall be entitled to one vote for each $1,000 principal amount (or such
other amount of the minimum denomination of any series of Securities as may be provided in the establishment of such series as contemplated
by Section 301 hereof) of the Outstanding Securities of such series held or represented by him; provided, however, that
no vote shall be cast or counted at any meeting in respect of any Security challenged as not Outstanding and ruled by the chairman of
the meeting to be not Outstanding. The chairman of the meeting shall have no right to vote, except as a Holder of a Security of such series
or as a proxy.

 

(d) Any
meeting of Holders of Securities of any series duly called pursuant to Section 1302 at which a quorum is present may be adjourned from
time to time by Persons entitled to vote a majority in aggregate principal amount of the Outstanding Securities of such series represented
at the meeting; and the meeting may be held as so adjourned without further notice.

 

 SECTION 1306. COUNTING VOTES AND RECORDING ACTION OF MEETINGS.

 

The vote upon any resolution submitted to any meeting
of Holders of Securities of any series shall be by written ballots on which shall be subscribed the signatures of the Holders of Securities
of such series or of their representatives by proxy and the principal amounts and serial numbers of the Outstanding Securities of such
series held or represented by them. The permanent chairman of the meeting shall appoint two inspectors of votes who shall count all votes
cast at the meeting for or against any resolution and who shall make and file with the secretary of the meeting their verified written
reports in duplicate of all votes cast at the meeting. A record, at least in duplicate, of the proceedings of each meeting of Holders
of Securities of any series shall be prepared by the secretary of the meeting and there shall be attached to such record the original
reports of the inspectors of votes on any vote by ballot taken thereat and affidavits by one or more Persons having knowledge of the facts
setting forth a copy of the notice of the meeting and showing that such notice was given as provided in Section 1302 and, if applicable,
Section 1304. Each copy shall be signed and verified by the affidavits of the permanent chairman and secretary of the meeting and one
such copy shall be delivered to the Company, and another to the Trustee to be preserved by the Trustee, the latter to have attached thereto
the ballots voted at the meeting. Any record so signed and verified shall be conclusive evidence of the matters therein stated.

 

* * *

 

This instrument may be executed in any number of
counterparts, each of which so executed shall be deemed to be an original, but all such counterparts shall together constitute but one
and the same instrument.

 

[Signatures on following page]

 

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

 

	 	DANIMER SCIENTIFIC, INC.
	 	 
	 	By:	                               
	 	Name:	 
	 	Title:	 
	 	___________________, as Trustee
	 	 	 
	 	By:	 
	 	Name:	 
	 	Title:	 

 

 

S-1

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00348-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00348-of-00352.parquet"}]]