Document:

Exhibit 10.2

 

		Attn:	Brad Hansen

Chief Executive Officer

EnSync, Inc.

N88 W13901 Main St., Suite 200 Menomonee Falls, WI 53051

 

August 23, 2018

 

		Re.:	Finder’s Agreement

 

Dear Mr. Hansen:

 

The undersigned, Network 1 Financial
Securities, Inc. a Texas Corporation and broker/dealer registered with the U.S. Securities & Exchange Commission (“SEC”)
and member of the Financial Industry Regulatory Authority (“FINRA”), hereinafter referred to as “Finder”,
is pleased to act as an Finder on a “best efforts” basis in connection with the Company’s private placement or
public offering of equity (the “Securities”) to be offered by EnSync, Inc. (the “Company”)
during the term (the “Services”) in one or more financing transactions (each a “Financing Transaction”).

 

		1.	Services

 

Beginning and effective as of the date
of this agreement, the Company hereby engages Network 1 Financial Securities, Inc. as exclusive Finder for Financing
Transactions for a period of six (6) months (the “Term”). In connection with the foregoing, the Finder
shall assist the Company with preparations for the Financing Transaction, introduce the company to prospective investors and assist
the company in consummating one or more Financing Transactions. The term of this agreement may be extended by mutual agreement.

 

		2.	Compensation

 

In the event the Company consummates a
Financing Transaction involving Securities within the Term as a result of Finder’s efforts made during the Term, the Company
shall pay Finder the following fee (the “Finder’s Fee”):

 

		(i)	Retainer Fees: Upon
execution of this agreement, the Company shall pay Finder a cash retainer fee of $25,000. The retainer fees shall not be creditable
to any other fees payable hereunder.

 

		(ii)	Cash Success Fee: Upon and simultaneous with the closing of a Financing Transaction (the
 “Closing”), the Company shall pay Finder a fee equal to seven percent (7%) of the gross proceeds for each Financing
Transaction. For the avoidance of doubt, the gross proceeds shall include all proceeds for each Financing including investors introduced
by the Finder and investors known to the Company in any other way.

 

    	 	1	 

     

    

 

In the event of multiple Closings,
the Finder’s fee will be paid pro rata as the proceeds are received by the Company.

 

The Finder shall also be paid
the same percentage commission on any other Company financing arranged with investors who were introduced to the Company by the
Finder within twelve (12) months after the Closing or termination of this agreement whichever is the earlier.

 

		3.	Expenses.

 

The Company and the Finder will
each bear their own expenses with respect to the transaction unless otherwise mutually agreed upon in advance.

 

		4.	Reliance on information Supplied.

 

In the performance of its services
hereunder, the Finder (i) will use and rely on the accuracy and completeness of the documents filed by the Company pursuant to
the Securities Exchange Act of 1934, as amended (the “Public Information”), (ii) is not responsible for, and has no
obligation to independently verify the accuracy or completeness of any information furnished by the company to it or to any third
person introduced by Finder to the company in the course of performing the Services, OR the Public information, (iii) has no obligation
to undertake an independent evaluation, appraisal, or physical inspection of any assets or liabilities of the Company, and (iv)
will assume that any financial forecast furnished to or discussed with Finder by authorized representatives of the Company have
been reasonably prepared and reflect then currently available estimates and judgment of the Company’s management.

 

		5.	Covenants, Representations and Warranties

 

		a.	The Company will reasonably promptly furnish Finder, from time to time, such information concerning
the Company, its business, financial condition, plans, and projections as Finder reasonably requests in order to assist Finder
in the performance of the Services.

 

		b.	If any event shall occur or condition exist as a result of which it is necessary or advisable,
in the opinion of the Company or Finder, to amend or supplement any information previously furnished by the Company in order that
the information does not contain any untrue statement of a material fact or omit to state a material fact necessary in order to
make the statements contained therein, in the light of the circumstances under which they were made, not misleading, the Company
will promptly prepare and furnish to Finder and the public, if applicable, amendments or supplements to the information previously
furnished.

 

    	 	2	 

     

    

 

		c.	The Company will advise Finder reasonably promptly of (i) the occurrence of any event or the existence
of any condition known to the Company referred to in paragraph (b) of this Section 4, (ii) such other information concerning the
business and financial condition of the Company as Finder may from time to time reasonably request, (iii) the receipt by the Company
of any communication from any regulatory authority concerning the Company, and (iv) the commencement of any lawsuit, proceeding
or regulatory action to which the Company is a party or which might materially affect the business or condition of the Company
or the performance by Finder of the Services.

 

		d.	In the event the Company shall enter into any Financing Transaction, it will deliver, or cause
to be delivered, to Finder a copy of each agreement that the Company proposes to enter into regarding a Financing Transaction.

 

		e.	During any period in which Finder shall perform services hereunder, Finder (i) will keep,
and cause its officers, directors, shareholders, employees, agents and representatives to keep, all material non-public information
concerning the Company and any of its affiliates confidential, (ii) shall not trade its stock in the Company based upon any
material non-public information or take any short position in the Company’s stock or otherwise do anything that could have
an adverse effect on the Company’s stock, and (iii) conduct itself in such a manner to be consistent with each exemption
from registration under the Securities Act of 1933 and state blue sky laws that the Company intends to rely on for each Financing
Transaction.

 

		6.	Intentionally left blank

 

		7.	Notices.

 

		8.	Communications.

 

All communications hereunder
shall be in writing and shall be mailed or delivered (a) to the Company, attention: Brad Hansen, N88 W13901 Main St., Suite 200
Menomonee Falls, WI 53051 and (b) to Finder, at its offices at

 

The Galleria, 2 Bridge Avenue, Suite 241

Red Bank, New Jersey 07701

Attention: Damon Testaverde

Fax: 732-758-6671.

 

		9.	Termination.

 

Finder’s services hereunder
may be terminated by the Company or Finder upon 30 days prior written notice without liability or continuing obligation of the
Company or Finder, except that Finder shall be entitled to the fees payable pursuant to section 2 (Compensation) as a result of
services rendered prior to the date of termination shall become immediately payable in full, hereof shall remain operative and
in full force and effect regardless of any termination. If, for one year following the termination or expiration (whichever comes
later) of the agreement, a transaction or placement is consummated with the customers introduced by the Finder, then the Company
will pay the Finder, specified above in section 2- Compensation, promptly upon the closing of each such transaction or placement.

 

    	 	3	 

     

    

 

		10.	Indemnity

 

The Company shall indemnify Finder in accordance with Annex-
A attached hereto.

 

		11.	Miscellaneous

 

		a.	Finder is not an expert on, and shall not render opinions regarding, legal, accounting, and regulatory
or tax matters. The Company shall consult with its other professional advisors concerning these matters before undertaking any
Financing Transaction.

 

		b.	No waiver, amendment or other modification of this Agreement shall be effective unless in writing
and signed by each party to be bound. This Agreement shall inure to the benefit of and be binding on the Company, Finder and their
respective successors and assigns. This Agreement constitutes the entire agreement between the Company and Finder with respect
to the subject matter hereof and supersedes any and all other prior or contemporaneous agreements, either oral or written, between
the Company and Finder with respect to the subject matter hereof.

 

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

 

		d.	The Company has retained Finder to act as an independent contractor, and any duties of Finder arising
out of its engagement shall be owed solely to the Company and to no other party.

 

		e.	This Agreement shall be governed by, and construed and interpreted in accordance with the laws
of the State of New York.

 

		f.	Each of Finder and the Company waives all right to trial by jury in any action, proceeding or counterclaim
(whether based upon contract, tort or otherwise) related to or arising out of this Agreement.

 

    	 	4	 

     

    

 

If the foregoing correctly sets forth our understanding, please
indicate your acceptance thereof in the space provided below, whereupon this Agreement and your acceptance shall constitute a binding
agreement between us.

 

Very truly yours,

 

Network 1 Financial Securities, Inc.

 

	By:	/s/ Damon D. Testaverde	 
	 	Damon D. Testaverde	 
	 	Managing Director	 

 

Accepted and agreed to as of

the date first above written:

 

EnSync, Inc.

 

	By:	/s/ Brad  Hansen	 
	 	Brad Hansen	 
	 	Chief Executive Officer	 

 

     

     

    

 

ANNEX A

 

The Company
shall indemnify the Finder and its affiliates and their respective directors, officers, employees, representatives, agents and
controlling persons (Finder and each such person being an "Indemnified Party") from and against any and all losses, claims,
damages and liabilities, joint or several, to which such Indemnified Party may become subject under any applicable law, or otherwise,
and related to, arising out of, or in connection with any untrue statement or alleged untrue statement of a material fact contained
in any document furnished or made available by the Company (directly, through Finder, or otherwise), or the omission or the alleged
omission to state therein a material fact necessary in order to make the statements therein, in the light of the circumstances
under which they were made, not misleading, and will reimburse each Indemnified Party for all reasonable expenses (including counsel
fees and expenses) incurred in connection with the investigation of, preparation for or defense of any pending or threatened claim
or any action or proceeding arising therefrom, whether or not such Indemnified Party is a party and whether or not such claim,
action or proceeding is initiated or brought by or on behalf of the Company.

 

The Company
will not settle, compromise or consent to the entry of any judgment in any pending or threatened claim, action or proceeding in
respect of which indemnification could be sought under this Annex A (whether or not Finder or any other Indemnified Party is an
actual or potential party to such claim, action or proceeding), unless such settlement, compromise or consent includes an unconditional
release of each Indemnified Party from all liability arising out of such claim, action or proceeding.

 

If Finder
or any other Indemnified Party is requested or required to appear as a witness in any action brought by or on behalf of or against
the Company not resulting from the acts/omissions of Finder, the Company will reimburse Finder for all reasonable expenses incurred
in connection with such party's appearing and preparing to appear as such a witness, including, without limitation, the reasonable
fees and disbursements of its legal counsel.

 

Unless
expressly modified, the provisions of this Annex A shall continue to apply and shall remain in full force and effect regardless
of any modification or termination of the engagement or Agreement or the completion of Finder’s services thereunder.EX-4.6

 Exhibit 4.6 

THE SECURITY (OR ITS PREDECESSOR) EVIDENCED HEREBY WAS ORIGINALLY ISSUED IN A TRANSACTION EXEMPT FROM REGISTRATION UNDER SECTION 5 OF THE UNITED STATES
SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND THE SECURITY EVIDENCED HEREBY MAY NOT BE OFFERED, SOLD OR OTHERWISE TRANSFERRED IN THE ABSENCE OF SUCH REGISTRATION OR AN APPLICABLE EXEMPTION THEREFROM. EACH PURCHASER OF THE
SECURITY EVIDENCED HEREBY IS HEREBY NOTIFIED THAT THE SELLER MAY BE RELYING ON THE EXEMPTION FROM THE PROVISIONS OF SECTION 5 OF THE SECURITIES ACT PROVIDED BY RULE 144A THEREUNDER. THE HOLDER OF THE SECURITY EVIDENCED HEREBY AGREES FOR THE BENEFIT
OF THE COMPANY THAT, (A) UNTIL ONE YEAR (OR SUCH SHORTER PERIOD AS MAY BE PERMITTED UNDER RULE 144 UNDER THE SECURITIES ACT) AFTER THE ISSUANCE DATE OF SUCH SECURITY, SUCH SECURITY MAY BE RESOLD, PLEDGED OR OTHERWISE TRANSFERRED ONLY
(1) INSIDE THE UNITED STATES TO A PERSON WHOM THE SELLER REASONABLY BELIEVES IS A QUALIFIED INSTITUTIONAL BUYER (AS DEFINED IN RULE 144A UNDER THE SECURITIES ACT) PURCHASING FOR ITS OWN ACCOUNT OR FOR THE ACCOUNT OF A QUALIFIED INSTITUTIONAL
BUYER IN A TRANSACTION MEETING THE REQUIREMENTS OF RULE 144A UNDER THE SECURITIES ACT, (2) OUTSIDE THE UNITED STATES TO A NON-U.S. PERSON IN A TRANSACTION MEETING THE REQUIREMENTS OF RULE 903 OR RULE 904
OF REGULATION S UNDER THE SECURITIES ACT, (3) TO THE COMPANY OR ANY OF ITS AFFILIATES, (4) PURSUANT TO A REGISTRATION STATEMENT THAT HAS BEEN DECLARED EFFECTIVE UNDER THE SECURITIES ACT OR (5) PURSUANT TO ANY OTHER AVAILABLE EXEMPTION
FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND, IN EACH CASE, IN ACCORDANCE WITH ANY APPLICABLE SECURITIES LAWS OF ANY STATE OF THE UNITED STATES OR ANY OTHER APPLICABLE JURISDICTION, (B) IN CONNECTION WITH ANY OFFER, SALE OR
TRANSFER PURSUANT TO (A)(2) OR (A)(5) ABOVE, SUBJECT TO THE RIGHT OF THE COMPANY AND TRUSTEE TO REQUEST IN ADVANCE OF ANY OFFER, SALE OR OTHER TRANSFER, CERTIFICATIONS AND/OR OTHER INFORMATION, AND AN OPINION OF COUNSEL, IN EACH CASE SATISFACTORY TO
THE COMPANY AND TRUSTEE AND (C) THE HOLDER WILL, AND EACH SUBSEQUENT HOLDER IS REQUIRED TO, NOTIFY ANY PURCHASER OF THE SECURITY EVIDENCED HEREBY OF THE RESALE RESTRICTIONS SET FORTH IN CLAUSES (A) AND (B) ABOVE. 

BY ITS ACQUISITION OF THIS SECURITY THE HOLDER THEREOF WILL BE DEEMED TO HAVE REPRESENTED AND WARRANTED THAT EITHER (I) NO PORTION OF THE ASSETS USED BY
SUCH HOLDER TO ACQUIRE OR HOLD THIS SECURITY CONSTITUTES THE ASSETS OF AN EMPLOYEE BENEFIT PLAN THAT IS SUBJECT TO TITLE I OF THE U.S. EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED (“ERISA”), OF A PLAN, INDIVIDUAL RETIREMENT
ACCOUNT OR OTHER ARRANGEMENT THAT IS SUBJECT TO SECTION 4975 OF THE U.S. INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE “CODE”), OR PROVISIONS UNDER ANY OTHER FEDERAL, STATE, LOCAL, NON-U.S. OR OTHER
LAWS OR REGULATIONS THAT ARE SIMILAR TO SUCH PROVISIONS OF ERISA OR THE CODE (“SIMILAR LAWS”), OR OF AN ENTITY WHOSE UNDERLYING ASSETS ARE 

 CONSIDERED TO INCLUDE “PLAN ASSETS” OF ANY SUCH PLAN, ACCOUNT OR ARRANGEMENT, OR (II) THE
ACQUISITION AND HOLDING OF THIS SECURITY WILL NOT CONSTITUTE OR GIVE RISE TO A NON-EXEMPT PROHIBITED TRANSACTION UNDER SECTION 406 OF ERISA OR SECTION 4975 OF THE CODE OR A VIOLATION UNDER ANY APPLICABLE
SIMILAR LAWS. 
 UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION
(“DTC”), NEW YORK, NEW YORK, TO THE COMPANY OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL
INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN. 
 TRANSFERS OF THIS GLOBAL SECURITY SHALL BE LIMITED TO TRANSFERS IN
WHOLE, BUT NOT IN PART, TO NOMINEES OF DTC OR TO A SUCCESSOR THEREOF OR SUCH SUCCESSOR’S NOMINEE AND TRANSFERS OF PORTIONS OF THIS GLOBAL SECURITY SHALL BE LIMITED TO TRANSFERS MADE IN ACCORDANCE WITH THE RESTRICTIONS SET FORTH IN THE INDENTURE
REFERRED TO ON THE REVERSE HEREOF. 

			
	No.     	  	$        

 as revised by the Schedule of Increases and 

Decreases in Global Debt Security attached hereto 

CUSIP No: 92343VEQ3 
 ISIN No: US92343VEQ32 

Verizon Communications Inc. 

4.329% Notes due 2028 
 Verizon Communications
Inc., a corporation duly organized and existing under the laws of the State of Delaware (herein referred to as the “Company”), for value received, hereby promises to pay to Cede & Co., or registered assigns, the principal sum
of             Dollars ($             ), as revised by the Schedule of Increases and Decreases in Global
Debt Security attached hereto, on September 21, 2028, and to pay interest on said principal sum from June 21, 2018, or from the most recent interest payment date to which interest has been paid or duly provided for, and to pay the
Additional Interest, if any, as defined in and payable pursuant to Section 5 of the Registration Rights Agreement referred to below. Interest and Additional Interest, if any, will be payable semiannually on March 21 and September 21
in each year, commencing March 21, 2019, at the rate of 4.329% per annum until the principal hereof shall have become due and payable, and on any overdue principal and (to the extent that payment of such interest and Additional Interest, if
any, is enforceable under applicable law) on any overdue installment of interest and Additional Interest, if any, at the same rate per annum. 
 The
interest installment and Additional Interest, if any, so payable, and punctually paid or duly provided for, on any interest payment date will, as provided in the Indenture hereinafter referred to, be paid to the person in whose name this Debt
Security (or one or more Predecessor Securities, as defined in said Indenture) is registered at the close of business on the regular record date for such interest installment, which shall be the March 6 or September 6, as the case may be
(whether or not a Business Day), next preceding such interest payment date. However, interest and Additional Interest, if any, that the Company pays on the maturity date shall be payable to the person to whom the principal hereof shall be payable.
Any such interest installment and Additional Interest, if any, not so punctually paid or duly provided for shall forthwith cease to be payable to the registered holder on such regular record date, and may be paid to the person in whose name this
Debt Security (or one or more Predecessor Securities) is registered at the close of business on a special record date to be fixed by the Trustee for the payment of such defaulted interest, notice whereof shall be given to the registered holders of
this series of Debt Securities as provided in the Indenture, or may be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Debt Securities may be listed, and upon such notice as
may be required by such exchange, all as more fully provided in the Indenture. If interest or principal is payable on a day that is not a Business Day, such payment shall be made on the next succeeding Business Day, as if made on the date such
payment was due, and no interest shall accrue on such payment for the period from and after such due date to the date of such payment on the next succeeding Business Day. The principal of and the interest and Additional Interest, if any, on this
Debt Security shall be payable at the office or agency of the Company maintained for that purpose in The City of New York, State of New York, in any coin or currency of the United States of America which at the time of payment is legal tender for
payment of public and private debts; provided, however, that payment of interest and Additional Interest, if any, may be made at the option of the Company by check mailed to the registered holder at such address as shall appear in the Security
Register. 

 This Debt Security shall not be entitled to any benefit under the Indenture hereinafter referred to, or be valid
or become obligatory for any purpose, until the Certificate of Authentication hereon shall have been signed by or on behalf of the Trustee. 
 As used
herein, “Business Day” means any day, other than a Saturday or a Sunday, that is neither a legal holiday nor a day on which commercial banks are authorized or required by law, regulation or executive order to close in The City of New York,
State of New York. 
 The provisions of this Debt Security are continued on the reverse side hereof and such continued provisions shall for all purposes
have the same effect as though fully set forth at this place. 

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

 

							
	Dated: June 21, 2018	 		 	VERIZON COMMUNICATIONS INC.
			
		 		 	By                                    
                        
		 		 	Name: Scott Krohn
		 		 	Title: Senior Vice President and Treasurer

 CERTIFICATE OF AUTHENTICATION 

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

U.S. Bank National Association 
 as
Trustee, Authenticating Agent and Security Registrar 

By                       
                                         
             
 Authorized Signatory 

Dated: June 21, 2018 

 (FORM OF REVERSE OF DEBT SECURITY) 

This Debt Security is one of a duly authorized series of Securities of the Company, all issued or to be issued in one or more series under and pursuant to an
Indenture dated as of December 1, 2000, duly executed and delivered by the Company (as successor in interest to Verizon Global Funding Corp.) and U.S. Bank National Association (as successor to Wachovia Bank, National Association, formerly
known as First Union National Bank), as trustee (the “Trustee”), as amended and supplemented (the “Indenture”), to which Indenture reference is hereby made for a description of the rights, limitation of rights, obligations,
duties and immunities thereunder of the Trustee, the Company and the holders of the Securities. By the terms of the Indenture, the Securities are issuable in series which may vary as to amount, date of maturity, rate of interest and in other
respects as in the Indenture provided. This Debt Security is one of the series designated on the face hereof (herein called the “Debt Securities”) unlimited in aggregate principal amount. 

Beneficial interests in this global Debt Security may be held in minimum denominations of $2,000 and integral multiples of $1,000 in excess of $2,000. This
global Debt Security shall be exchangeable for Debt Securities in definitive form registered in the names of persons other than the Depository or its nominee only if (i) the Depository notifies the Company that it is unwilling or unable to
continue as the Depository or if at any time such Depository is no longer registered as a clearing agency or in good standing under the Securities Exchange Act of 1934, as amended, or other applicable statute and a successor depository is not
appointed by the Company within 90 days or (ii) the Company executes and delivers to the Trustee an Officers’ Certificate that this global Debt Security shall be so exchangeable. To the extent that this global Debt Security is exchangeable
pursuant to the preceding sentence, it shall be exchangeable for Debt Securities registered in such names as the Depository shall direct. Debt Securities represented by this global Debt Security that may be exchanged for Debt Securities in
definitive form under the circumstances described in this paragraph will be exchangeable only for Debt Securities in definitive form issued in minimum denominations of $2,000 and integral multiples of $1,000 in excess of $2,000. Notwithstanding any
other provision herein, this global Debt Security may not be transferred except as a whole by the Depository to a nominee of such Depository or by a nominee of such Depository to such Depository or another nominee of such Depository. 

In case an Event of Default, as defined in the Indenture, with respect to the Debt Securities shall have occurred and be continuing, the principal of all of
the Debt Securities may be declared, and upon such declaration shall become, due and payable, in the manner, with the effect and subject to the conditions provided in the Indenture. 

The Indenture contains provisions permitting the Company and the Trustee, with the consent of the holders of not less than a majority in aggregate principal
amount of the Securities of each series affected at the time outstanding, as defined in the Indenture, to execute supplemental indentures for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of
the Indenture or of any supplemental indenture or of modifying in any manner the rights of the holders of the Securities; provided, however, that no such supplemental indenture shall, among other things, (i) extend the fixed maturity of any
Securities of any series, or reduce the principal amount thereof, or reduce the rate or extend the time of payment of 

 interest and Additional Interest, if any, thereon, or reduce any premium payable upon the redemption thereof,
without the consent of the holder of each Debt Security so affected or (ii) reduce the aforesaid percentage of Debt Securities, the holders of which are required to consent to any such supplemental indenture, without the consent of the holders
of each Debt Security then outstanding and affected thereby. The Indenture also contains provisions permitting the holders of a majority in aggregate principal amount of the Securities of any series at the time outstanding, on behalf of the holders
of Securities of such series, to waive any past default in the performance of any of the covenants contained in the Indenture, or established pursuant to the Indenture with respect to such series, and its consequences, except a default in the
payment of the principal of, or premium, if any, or interest or Additional Interest, if any, on any of the Securities of such series. Any such consent or waiver by the registered holder of this Debt Security (unless revoked as provided in the
Indenture) shall be conclusive and binding upon such holder and upon all future holders and owners of this Debt Security and of any Debt Security issued in exchange herefor or in place hereof (whether by registration of transfer or otherwise),
irrespective of whether or not any notation of such consent or waiver is made upon this Debt Security. 
 No reference herein to the Indenture and no
provision of this Debt Security or of the Indenture shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of and interest and Additional Interest, if any, on this Debt Security at the times
and place and at the rate and in the money herein prescribed. 
 The Debt Securities are issuable as registered Debt Securities without coupons. 

The Debt Securities shall be in minimum denominations of $2,000 and integral multiples of $1,000 in excess of $2,000. Debt Securities may be exchanged, upon
presentation thereof for that purpose, at the office or agency of the Company in The City of New York, State of New York, for other Debt Securities of authorized denominations, and for a like aggregate principal amount and series, and upon payment
of a sum sufficient to cover any tax or other governmental charge in relation thereto. 
 The Debt Securities may be redeemed on not less than 30 nor more
than 60 days’ prior notice given as provided in the Indenture, in whole or from time to time in part, at the option of the Company, at any time prior to September 21, 2028 at a redemption price equal to the greater of (i) 100% of the
principal amount thereof, or (ii) the sum of the present values of the remaining scheduled payments of principal and interest thereon (exclusive of interest accrued and Additional Interest, if any, to the date of redemption), as the case may
be, discounted to the date of redemption on a semiannual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate plus 25 basis points,
plus, in either case, accrued and unpaid interest and Additional Interest, if any, on the principal amount being redeemed to, but excluding, such redemption date. 

“Treasury Rate” means, with respect to any redemption date, (i) the yield, under the heading which represents the average for the immediately
preceding week, appearing in the most recently published statistical release published by the Board of Governors of the Federal Reserve System designated as “Statistical Release H.15” or any successor publication which is published weekly

 by the Board of Governors of the Federal Reserve System and which establishes yields on actively traded United
States Treasury securities adjusted to constant maturity under the caption “Treasury Constant Maturities,” for the maturity corresponding to the Comparable Treasury Issue (if no maturity is within three months before or after the Remaining
Life, yields for the two published maturities most closely corresponding to the Comparable Treasury Issue shall be determined and the Treasury Rate shall be interpolated or extrapolated from such yields on a straight-line basis, rounding to the
nearest month), or (ii) if such release (or any successor release) is not published during the week preceding the calculation date or does not contain such yields, the rate per annum equal to the semiannual equivalent yield to maturity of the
Comparable Treasury Issue, calculated using a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for the redemption date. The Treasury Rate shall be calculated on the
third Business Day preceding the redemption date. 
 “Comparable Treasury Issue” means the United States Treasury security selected by the
Independent Investment Banker as having a maturity comparable to the remaining term (the “Remaining Life”) of the Debt Securities to be redeemed that would be utilized, at the time of selection and in accordance with customary financial
practice, in pricing new issues of corporate debt securities of comparable maturity to the remaining term of such Debt Securities. 
 “Comparable
Treasury Price” means (i) the average of three Reference Treasury Dealer Quotations for such redemption date, or (ii) if the Independent Investment Banker is unable to obtain three such Reference Treasury Dealer Quotations, the
average of all such quotations obtained. 
 “Independent Investment Banker” means an independent investment banking or commercial banking
institution of national standing appointed by the Company. 
 “Reference Treasury Dealer” means (i) any independent investment banking or
commercial banking institution of national standing appointed by the Company, and any of its successors, provided, however, that if any of the foregoing shall cease to be a primary U.S. Government securities dealer in the United States (a
“Primary Treasury Dealer”), the Company shall substitute therefor another Primary Treasury Dealer, and (ii) any other Primary Treasury Dealer selected by the Independent Investment Banker and approved in writing by the Company. 

“Reference Treasury Dealer Quotations” means, with respect to each Reference Treasury Dealer and any redemption date, the average, as determined by
the Independent Investment Banker, of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as a percentage of its principal amount) quoted in writing to the Independent Investment Banker at 3:30 p.m., New York City
time, on the third Business Day preceding such redemption date. In the event of redemption of this Debt Security in part only, a new Debt Security of like tenor for the unredeemed portion hereof and otherwise having the same terms as this Debt
Security shall be issued in the name of the holder hereof upon the presentation and surrender hereof. 
 As provided in the Indenture and subject to certain
limitations therein set forth, this Debt Security is transferable by the registered holder hereof on the Security Register of the Company, 

 upon surrender of this Debt Security for registration of transfer at the office or agency of the Company in The
City of New York, State of New York, accompanied by a written instrument or instruments of transfer in form satisfactory to the Company or the Security Registrar duly executed by the registered holder hereof or his attorney duly authorized in
writing, and thereupon one or more new Debt Securities of authorized denominations and for the same aggregate principal amount and series will be issued to the designated transferee or transferees. No service charge will be made for any such
transfer, but the Company may require payment of a sum sufficient to cover any tax or other governmental charge payable in relation thereto. 
 Prior to due
presentment for registration of transfer of this Debt Security, the Company, the Trustee, any Paying Agent and any Security Registrar for the Debt Securities may deem and treat the registered holder hereof as the absolute owner hereof (whether or
not this Debt Security shall be overdue and notwithstanding any notice of ownership or writing hereon made by anyone other than the Security Registrar for the Debt Securities) for the purpose of receiving payment of or on account of the principal
hereof and (subject to Section 310 of the Indenture) interest and Additional Interest, if any, due hereon and for all other purposes, and neither the Company nor the Trustee nor any Paying Agent nor any Security Registrar for the Debt
Securities shall be affected by any notice to the contrary. 
 No recourse shall be had for the payment of the principal of, or the interest and Additional
Interest, if any, on, this Debt Security, or for any claim based hereon, or otherwise in respect hereof, or based on or in respect of the Indenture, against any incorporator, stockholder, officer or director, past, present or future, as such, of the
Company or of any predecessor or successor corporation, whether by virtue of any constitution, statute or rule of law, or by the enforcement of any assessment or penalty or otherwise, all such liability being, by the acceptance hereof and as part of
the consideration for the issuance hereof, expressly waived and released. 
 The Depository by acceptance of this global Debt Security agrees that it will
not sell, assign, transfer or otherwise convey any beneficial interest in this global Debt Security unless such beneficial interest is in an amount equal to an authorized denomination for Debt Securities of this series. 

Holders of the Debt Securities issued on the date hereof will have all the rights set forth in the Registration Rights Agreement, dated as of June 21,
2018, among the Company and the other parties named in Schedule A thereto (the “Registration Rights Agreement”). The Company will furnish to any holder of Debt Securities upon request and without charge a copy of the Registration Rights
Agreement. 
 Capitalized terms used herein and not otherwise defined herein shall have the respective meanings set forth in the Indenture. 

 SCHEDULE OF INCREASES OR DECREASES IN 

GLOBAL DEBT SECURITY 
 The
following increases or decreases in this global Debt Security have been made: 
  

									
	 Date of

Exchange
	  	
Amount of decrease in
principal amount of this
global Debt Security
	  	
Amount of increase in
principal amount of this
global Debt Security
	  	 Principal amount of this
global Debt
Security
following such
decrease or increase
	  	
Signature of
authorized
signatory of Trustee

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