Document:

EXHIBIT 4.1

 

EQUIFAX INC.

ISSUER

AND

THE BANK OF
NEW YORK TRUST COMPANY, N.A.

TRUSTEE

 

FIRST SUPPLEMENTAL INDENTURE

DATED AS OF JUNE 28, 2007

 

FIRST SUPPLEMENT TO INDENTURE,

DATED AS OF JUNE 29, 1998,
BETWEEN

EQUIFAX INC. AND

THE BANK OF NEW YORK TRUST COMPANY, N.A.

(as successor to Bank One
Trust Company, N.A., which was successor in interest to The First 

National Bank of Chicago)

 

FIRST SUPPLEMENTAL INDENTURE

FIRST SUPPLEMENTAL INDENTURE, dated as of June 28, 2007, between EQUIFAX INC., a Georgia
corporation (the “Issuer”) and THE BANK OF NEW YORK TRUST COMPANY, N.A. (AS SUCCESSOR TO BANK ONE TRUST COMPANY, N.A.,
WHICH WAS SUCCESSOR IN INTEREST TO THE FIRST NATIONAL BANK OF CHICAGO), a
corporation organized under the laws of the United States of America, as
trustee (the “Trustee”) under the Original Indenture (as hereinafter defined).

 

(a)   RECITALS

WHEREAS, the Issuer executed
and delivered its Indenture (the “Original Indenture”), dated as of June 29,
1998, to the Trustee to issue from time to time for its lawful purposes debt
securities evidencing its unsecured indebtedness.

WHEREAS, the Original
Indenture provides that by means of a supplemental indenture, the Issuer may
create one or more series of its debt securities and establish the form and
terms and conditions thereof.

WHEREAS, the Issuer desires to issue a series of
senior debt securities under the Original Indenture, and has duly authorized
the creation and issuance of such series of debt securities and the execution
and delivery of this First Supplemental Indenture to modify the Original
Indenture and provide certain additional provisions as hereinafter described;

WHEREAS, the Issuer and the Trustee deem it advisable
to enter into this First Supplemental Indenture for the purposes of
establishing the terms of such series of debt securities and providing for the
rights, obligations and duties of the Trustee with respect to such debt
securities;

WHEREAS, all conditions and requirements of the
Original Indenture necessary to make this First Supplemental Indenture a valid,
binding and legal instrument in accordance with its terms have been performed
and fulfilled by the parties hereto and the execution and delivery thereof have
been in all respects duly authorized by the parties hereto.

WHEREAS, the Board of Directors
of the Issuer, acting through authority delegated to certain of its executive
officers, has approved the creation of the Notes and the form, terms and
conditions thereof;

WHEREAS, concurrently with the execution hereof, the
Issuer has delivered an Officers’ Certificate and has caused its counsel to
deliver to the Trustee an Opinion of Counsel; and

WHEREAS, the consent of Holders
to the execution and delivery of this First Supplemental Indenture is not
required, and all other actions required to be taken under the Original
Indenture with respect to this First Supplemental Indenture have been taken.

NOW, THEREFORE IT IS AGREED:

ARTICLE
ONE

CREATION OF THE NOTES

Section 1.1.  Designation of Series. 
Pursuant to the terms hereof and Section 3.01 of the Original Indenture,
the Issuer hereby creates a series of its debt securities which shall be known
as the “6.30% Senior Notes due 2017” (the “Notes”), which Notes shall be deemed
“Securities” for all purposes under the Original Indenture.

Section 1.2.  Form and Denomination of Notes.  The
definitive form of the Notes shall be substantially in the form set forth in Exhibit
A attached hereto, which is incorporated herein and made part hereof.  The Notes shall bear interest, be payable and
have such other terms as are stated in the form of Note and in the Original
Indenture, as supplemented by this First Supplemental Indenture.  The Notes shall be issued in minimum
denominations of $2,000 and integral multiples of $1,000 in excess thereof.

Section 1.3.  Amount of Series. 
Subject to Section 1.10 hereof, the aggregate principal amount of the
Notes that may be issued under this First Supplemental Indenture is initially
limited to $300,000,000.  The Notes may,
upon the execution and delivery of this First Supplemental Indenture or from
time to time thereafter, be executed by the Issuer and delivered to the Trustee
for authentication, and the Trustee shall thereupon authenticate and deliver
said Notes upon the delivery of an Issuer Order.

Section 1.4.  Rank.  The Notes are unsecured and
shall rank equally among themselves and with all of the Issuer’s other
unsecured and unsubordinated indebtedness.

Section 1.5.  No Sinking Fund.  No
sinking fund shall be provided with respect to the Notes.

Section 1.6.  Optional Redemption. 
Except as otherwise may be specified in this First Supplemental
Indenture and in the Notes, Article Thirteen of the Original Indenture shall be
applicable to the Notes.  Except as
otherwise may be specified in this First Supplemental Indenture, the Issuer
shall have the right to redeem the Notes, in whole or in part, at any time or
from time to time, at a redemption price (the “Optional Redemption Price”)
equal to the greater of:

(i)            100% of the principal amount plus accrued an
unpaid interest to, but excluding, the Redemption Date; and

(ii)           the sum of the present values of the
Remaining Scheduled Payments of principal and interest (exclusive of interest
accrued to the Redemption Date) discounted to the Redemption Date on a
semi-annual basis (assuming a 360-day year consisting of twelve 30-day months)
at the Treasury Rate plus 25 basis points, plus accrued and unpaid interest on
the principal amount being redeemed to, but excluding, the Redemption Date.

The Issuer will mail notice
of such redemption to the registered holders of the Notes to be redeemed not
less than 30 nor more than 60 days prior to the Redemption Date. If Notes are
only partially redeemed pursuant to this Section 1.6, the Notes to be
redeemed will be selected by the Trustee in such manner as in its sole
discretion it shall deem appropriate and fair; provided,
that if at the time of redemption the Notes to be redeemed are registered as a
Global Note, the Depository shall determine, in accordance with its procedures,
the principal amount of the Notes to be redeemed held by each of its
participants that holds a position in such Notes. The Optional Redemption Price
shall be paid prior to 12:00 noon, New York time, on the Redemption Date or at
such later time as is then permitted by the rules of the Depositary for the
Notes (if then registered as a Global Note); provided,
that the Issuer shall 

deposit with the Trustee an
amount sufficient to pay the Optional Redemption Price by 10:00 a.m., New York
time, on the date such Optional Redemption Price is to be paid.

Section 1.7.  Definitions. 
For all
purposes of this First Supplemental Indenture:

(a)           Capitalized terms
used herein without definition shall have the meanings set forth in the
Original Indenture;

(b)           a term defined
anywhere in this First Supplemental Indenture (including the exhibits hereto)
has the same meaning throughout;

(c)           the singular
includes the plural and vice versa;

(d)           headings are for
convenience of reference only and do not affect interpretation;

(e)           the following terms
have the meanings given to them in this Section 1.7(e):

“Business Day” shall mean, unless otherwise specified, any
calendar day that is not a Saturday, Sunday or legal holiday in New York, New
York and on which commercial banks are open for business in New York, New York.

“Comparable Treasury Issue” shall mean the United States
Treasury security selected by an Independent Investment Banker as having a
maturity comparable to the remaining term (“Remaining
Life”) of the Notes 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 the Notes.

“Comparable Treasury Price” shall mean, with respect to any
Redemption Date, (A) the average of the Reference Treasury Dealer
Quotations for such Redemption Date, after excluding the highest and lowest
such Reference Treasury Dealer Quotations, or (B) if the Independent
Investment Banker obtains fewer than three such Reference Treasury Dealer
Quotations, the average of all such Quotations or, if only one such Quotation
is obtained, such Quotation.

 “Depository”
shall mean a clearing agency registered under Section 17A of the Exchange Act
that is designated to act as Depository for the Notes.

“Independent
Investment Banker” shall mean an independent investment banking
institution of national standing appointed by the Issuer, which may be one of
the Reference Treasury Dealers.

“Redemption Date” shall mean, with respect to any redemption of
Notes, the date fixed for such redemption pursuant to the Original Indenture
and such Notes.

“Reference Treasury Dealer” shall mean (i) Banc of America
Securities LLC and its successors, provided,
that if Banc of America Securities LLC or any such successor shall
cease to be a primary U.S. government securities dealer in New York City (a “Primary Treasury Dealer”), the Issuer will
substitute therefor another Primary Treasury Dealer and (ii) any other
three Primary Treasury Dealers selected by the Issuer.

“Reference Treasury Dealer Quotations” shall mean, with respect
to each Reference Treasury Dealer and any Redemption Date, the average, as
determined by the Independent Investment 

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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 by the Reference Treasury Dealer at 5:00 p.m. on the third
Business Day preceding such Redemption Date.

“Remaining
Scheduled Payments” means, with respect to the Notes to be redeemed,
the remaining scheduled payments of the principal thereof and interest thereon
that would be due at the related Redemption Date but before such redemption;
provided, however, that if such Redemption Date is not an interest payment
date, with respect to the Notes, the amount of the next succeeding scheduled
interest payment thereon will be deemed to be reduced by the amount of interest
accrued thereon to such Redemption Date.

“Treasury Rate” shall mean, 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 designated “H.15 (519)” 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), (ii) if the period from the Redemption Date to the Maturity Date
of the Notes to be redeemed is less than one year, the weekly average yield on
actually traded United States Treasury securities adjusted to a constant
maturity of one year shall be used, or (iii) 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
such Redemption Date. The Treasury Rate shall be calculated by the Issuer on
the third Business Day preceding such Redemption Date. The Trustee shall not be
responsible for any such calculation.

Section 1.8.  Notes Not Convertible or Exchangeable.  The
Notes shall not be convertible or exchangeable for other securities or
property.

Section 1.9.  Issuance of Notes; Selection of Depository. The Notes shall be issued as Registered
Securities in permanent global form, without coupons.  The initial Depositary for the Notes shall be
The Depository Trust Company.

Section
1.10.  Issuance of Additional
Notes.  From time to time
subsequent to the date hereof, without the consent of the Holders of the Notes,
the Issuer may create and issue additional Notes (the “Additional Notes”) under
the terms of the Original Indenture and this First Supplemental Indenture (and
without need to execute any additional supplemental indenture).  The Additional Notes shall be issued as part
of the existing series of Notes issued pursuant to this First Supplemental
Indenture and shall have terms identical in all material respects (except for
the initial interest accrual date, the initial Interest Payment Date, and the
issue price) to any Outstanding Notes and shall be treated together with any
Outstanding Notes as a single issue of Notes under the Original Indenture and
this First Supplemental Indenture.  Any
Additional Notes issued hereunder shall rank equally and ratably with the Notes
originally issued pursuant to this First Supplemental Indenture, shall have the
same CUSIP number and shall trade interchangeably with such Notes and shall
otherwise constitute Notes for all other purposes hereof.  Any Additional Notes may be issued pursuant
to authorization provided by one or more Board Resolutions.  No Additional Notes shall be issued at any
time that there is an Event of Default under the Original Indenture with
respect to the Notes that has occurred and is continuing.

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Section
1.11.  Issuance of Additional Debt
Securities.  In addition to notes, the Issuer may, from
time to time, issue other series of debt securities under the Original
Indenture consisting of debentures, notes or other unsecured, unsubordinated
evidences of indebtedness, but such other series will be separate from and
independent of the notes.  The Original
Indenture does not limit the amount of debt securities or any other debt (whether
secured or unsecured) which the Issuer may incur.

ARTICLE TWO

APPOINTMENT OF THE TRUSTEE
FOR THE NOTES

Section 2.1.  Appointment of Trustee; Acceptance by Trustee. 
Pursuant and subject to the Original Indenture, the Issuer hereby
appoints The Bank of New York Trust Company, N.A. (as successor to Bank One Trust Company,
N.A., which was successor in interest to The First National Bank of Chicago), to act on behalf of the Holders of the
Notes.  By execution, acknowledgment and
delivery of this First Supplemental Indenture, the Trustee hereby accepts
appointment as trustee with respect to the Notes, and agrees to perform the
duties and obligations of the Trustee with respect to the Notes upon the terms
and conditions set forth in the Original Indenture and in this First
Supplemental Indenture.

Section 2.2.  Rights, Powers, Duties and Obligations of the
Trustee.  Any rights, powers, duties and obligations by
any provisions of the Original Indenture conferred or imposed upon the Trustee
shall, insofar as permitted by law, be conferred or imposed upon and exercised
or performed by the Trustee with respect to the Notes.

Section 2.3.  Rights in Indenture Applicable to Trustee.  The
Bank of New York Trust Company, N.A., in its capacity as Trustee, shall be
afforded all of the rights, powers, immunities and indemnities of the Trustee
as set forth in the Original Indenture as if such rights, powers, immunities
and indemnities were specifically set forth herein.

ARTICLE
THREE

CHANGE OF CONTROL OFFER

Section 3.1.           Change of Control Offer.

(a)         If a Change of Control
Triggering Event occurs, unless the Issuer has exercised its option to redeem
the Notes, the Issuer shall be required to make an offer (the “Change of Control Offer”) to each Holder of the Notes to
repurchase all or any part (equal to $2,000 or an integral multiple of $1,000
in excess thereof) of that Holder’s Notes on the terms set forth herein.

(b)         In the Change of
Control Offer, the Issuer shall be required to offer payment in cash equal to
101% of the aggregate principal amount of Notes repurchased, plus accrued and
unpaid interest, if any, on the Notes of this series repurchased to the date of
repurchase (the “Change of Control Payment”). 
Within 30 days following any Change of Control Triggering Event or, at the
Issuer’s option, prior to any Change of Control, but after public announcement
of the transaction that constitutes or may constitute the Change of Control,
the Issuer shall mail a notice to Holders of the Notes describing the
transaction that constitutes or may constitute the Change of Control Triggering
Event and offering to repurchase such Notes on the date specified in the
notice, which date shall be no earlier than 30 days and no later than 60 days
from the date such notice is mailed (the “Change of Control Payment
Date”).  The notice shall, if mailed prior to the date of
consummation of the Change of Control, state that the offer to 

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purchase
is conditioned on the Change of Control Triggering Event occurring on or prior
to the Change of Control Payment Date.

(c)         In order to accept the
Change of Control Offer, the Holder must deliver to the Paying Agent, at least
three Business Days prior to the Change of Control Payment Date, this Security
together with the form entitled “Election Form” (which form is annexed hereto)
duly completed, or a telegram, telex, facsimile transmission or a letter from a
member of a national securities exchange, or the National Association of
Securities Dealers, Inc. or a commercial bank or trust company in the United States
setting forth:

(i)            the name of the
Holder of the Note;

(ii)           the principal
amount of the Note;

(iii)          the principal
amount of the Note to be repurchased;

(iv)          the certificate
number or a description of the tenor and terms of the Note;

(v)           a statement that the
Holder is accepting the Change of Control Offer; and

(vi)          a guarantee that the
Note, together with the form entitled “Election Form” duly completed, will be
received by the Paying Agent at least three Business Days prior to the Change
of Control Payment Date.

(d)           Any exercise by a Holder of its
election to accept the Change of Control Offer shall be irrevocable. The Change
of Control Offer may be accepted for less than the entire principal amount of
the Notes, but in that event the principal amount of the Notes remaining
outstanding after repurchase must be equal to $2,000 or an integral multiple of
$1,000 in excess thereof.

(e)           On the Change of Control Payment
Date, the Issuer shall, to the extent lawful:

(i)            accept for payment
all Notes of this series or portions of such Notes properly tendered pursuant
to the Change of Control Offer;

(ii)           deposit with the
Paying Agent an amount equal to the Change of Control Payment in respect of all
Notes of this series or portions of such Notes properly tendered; and

(iii)          deliver or cause to
be delivered to the Trustee the Notes of this series properly accepted together
with an Officers’ Certificate stating the aggregate principal amount of Notes
of this series or portions of such Notes being repurchased.

(f)          The Issuer shall not
be required to make a Change of Control Offer upon the occurrence of a Change
of Control Triggering Event if a third party makes such an offer in the manner,
at the times and otherwise in compliance with the requirements for an offer
made by the Issuer and the third party purchases all Notes of this series
properly tendered and not withdrawn under its offer.  In addition, the
Issuer shall not repurchase any Notes if there has occurred and is continuing
on the Change of Control Payment Date an Event of Default under the Original
Indenture, other than a default in the payment of the Change of Control Payment
upon a Change of Control Triggering Event.

(g)         The Issuer shall comply with the requirements of Rule 14e-1
under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and any other securities laws and
regulations 

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thereunder
to the extent those laws and regulations are applicable in connection with the
repurchase of the Notes as a result of a Change of Control Triggering Event. To
the extent that the provisions of any such securities laws or regulations
conflict with the Change of Control Offer provisions of the Notes, the Issuer
shall comply with those securities laws and regulations and shall not be deemed
to have breached its obligations under the Change of Control Offer provisions
of the Notes by virtue of any such conflict.

Section 3.2  Additional Definitions.  For
purposes of the Change of Control Offer provisions of the Securities of this
series, the following terms are applicable:

“Change of
Control” means the occurrence of any of the following: (1) the
consummation of any transaction (including, without limitation, any merger or
consolidation) the result of which is that any “person” (as that term is used
in Section 13(d)(3) of the Exchange Act) becomes the beneficial owner (as
defined in Rules 13d-3 and 13d-5 under the Exchange Act), directly or
indirectly, of more than 50% of the Issuer’s Voting Stock or other Voting Stock
into which the Issuer’s Voting Stock is reclassified, consolidated, exchanged
or changed, measured by voting power rather than number of shares; (2) the
direct or indirect sale, transfer, conveyance or other disposition (other than
by way of merger or consolidation), in one or more series of related transactions,
of all or substantially all of the assets of the Issuer and its Subsidiaries,
taken as a whole, to one or more Persons (other than the Issuer or a
Subsidiary); or (3) the first day on which a majority of the members of the
Issuer’s Board of Directors are not Continuing Directors. Notwithstanding the
foregoing, a transaction shall not be deemed to involve a Change of Control if
(1) the Issuer becomes a direct or indirect wholly-owned subsidiary of a
holding company and (2)(A) the direct or indirect holders of the Voting Stock
of such holding company immediately following that transaction are
substantially the same as the holders of the Issuer’s Voting Stock immediately
prior to that transaction or (B) immediately following that transaction no “person”
(as that term is used in Section 13(d)(3) of the Exchange Act), other than a
holding company satisfying the requirements of this sentence, is the beneficial
owner, directly or indirectly, of more than 50% of the Voting Stock of such
holding company.

“Change of
Control Triggering Event” means the occurrence of both a Change of
Control and a Rating Event.

“Continuing
Directors” means, as of any date of determination, any member of the
Issuer’s Board of Directors who (1) was a member of such Board of Directors on
the date the Securities of this series were issued or (2) was nominated for
election, elected or appointed to such Board of Directors with the approval of
a majority of the Continuing Directors who were members of such Board of
Directors at the time of such nomination, election or appointment (either by a
specific vote or by approval of the Issuer’s proxy statement in which such
member was named as a nominee for election as a director, without objection to
such nomination).

 “Investment Grade Rating”
means a rating equal to or higher than Baa3 (or the equivalent) by Moody’s and
BBB- (or the equivalent) by S&P, and the equivalent investment grade credit
rating from any additional rating agency or rating agencies selected by the
Issuer.

“Moody’s”
means Moody’s Investors Service, Inc.

“Rating
Agencies” means (1) each of Moody’s and S&P; and
(2) if either of Moody’s or S&P ceases to rate the Securities of this
series or fails to make a rating of such Securities publicly available for
reasons outside of the Issuer’s control, a “nationally recognized statistical
rating organization” within the meaning of Rule 15c3-1(c)(2)(vi)(F) under
the Exchange Act selected by the Issuer (as certified by a resolution of the
Issuer’s Board of Directors) as a replacement agency for Moody’s or S&P, or
both of them, as the case may be.

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“Rating Event”
means the rating on the Securities of this series is lowered by each of the
Rating Agencies and the Securities of this series are rated below an Investment
Grade Rating by each of the Rating Agencies on any day within the 60-day period
(which 60-day period shall be extended so long as the rating of the Securities
of this series is under publicly announced consideration for a possible
downgrade by any of the Rating Agencies) after the earlier of (1) the
occurrence of a Change of Control and (2) public notice of the occurrence
of a Change of Control or the Issuer’s intention to effect a Change of Control;
provided, however, that a Rating
Event otherwise arising by virtue of a particular reduction in rating shall not
be deemed to have occurred in respect of a particular Change of Control (and
thus shall not be deemed a Rating Event for purposes of the definition of
Change of Control Triggering Event) if the Rating Agencies making the reduction
in rating to which this definition would otherwise apply do not announce or
publicly confirm or inform the Trustee in writing at the Issuer’s or the
Trustee’s request that the reduction was the result, in whole or in part, of
any event or circumstance comprised of or arising as a result of, or in respect
of, the applicable Change of Control (whether or not the applicable Change of
Control has occurred at the time of the Rating Event).

“S&P”
means Standard & Poor’s Rating Services, a division of The McGraw-Hill
Companies, Inc.

“Voting Stock”
means, with respect to any specified “person” (as that term is used in Section
13(d)(3) of the Exchange Act) as of any date, the capital stock of such person
that is at the time entitled to vote generally in the election of the board of
directors of such person.

ARTICLE
FOUR

DEFEASANCE

Section 4.1.           Defeasance Applicable to Notes.  Pursuant to Sections 3.01(10), 15.01 and 15.02 of the Original
Indenture, provision is hereby made for both (i) defeasance of the Notes under
Section 15.03 of the Original Indenture and (ii) covenant defeasance of the
Notes under Section 15.04, in each case, upon the terms and conditions
contained in Article Fifteen of the Original Indenture.  For purposes of such defeasance or covenant
defeasance, the term “Government Obligations” shall not include obligations
referred to in the definition of such term in the Original Indenture which are
not obligations of the United States or a Person controlled or supervised by
and acting as an agency or an instrumentality thereof.

ARTICLE FIVE

DEFAULTS
AND REMEDIES

Section
5.1.           Events of Default.  The provisions of
Section 5.01(2) of the Original Indenture shall not be applicable to the
Notes.  As contemplated under Section
3.01 and Section 5.01(9) of the Original Indenture, the following events, in
addition to the events described in clauses 5.01(1) and 5.01(3) to (8) of the
Original Indenture, shall be Events of Default with respect to the Notes:

(i)            default in the
payment of the principal of (and premium, if any, on) the Notes when due at its
maturity (including a failure to make a payment to purchase Notes tendered
pursuant to a Change of Control Offer in respect of the Notes).

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ARTICLE SIX

AMENDMENTS
AND WAIVERS

Section
6.1.           Modification and Amendment
with Consent of Holders of the Notes.  Except as provided below, Section 11.02 of
the Original Indenture shall be applicable to the Notes.  After the Issuer’s obligation to purchase the
Notes arises under Article Three of this First Supplemental Indenture, the
Issuer shall not, without the consent of each of the Holders of the then
Outstanding Notes, amend, change or modify in any material respect the Issuer’s
obligation to make and consummate a Change of Control Offer in the event of a
Change of Control Triggering Event or, after such Change of Control Triggering
Event has occurred, modify any of the provisions or definitions with respect
thereto.

ARTICLE SEVEN

MISCELLANEOUS

Section 7.1.           Effect of
Supplemental Indenture.  Except as expressly modified or amended
hereby, the Original Indenture continues in full force and effect and is in all
respects confirmed, ratified and preserved. 
This First Supplemental Indenture and all its provisions shall be deemed
a part of the Original Indenture in the manner and to the extent herein and
therein provided.

Section 7.2.           Application of First Supplemental
Indenture.  Each and every term and condition contained
in this First Supplemental Indenture that modifies, amends or supplements the
terms and conditions of the Original Indenture shall apply only to the Notes
created hereby and not to any existing or future series of Securities
established under the Original Indenture.

Section 7.3.           Benefits of First Supplemental
Indenture.  Nothing contained in this First Supplemental
Indenture shall be construed to confer upon any person other than a Holder of
the Notes, the Issuer, the Trustee and the calculation agent any right or
interest to avail itself, himself or herself as the case may be, of any benefit
under any provision of the Original Indenture or this First Supplemental
Indenture.

Section 7.4.           Effective Date.  This
First Supplemental Indenture shall be effective as of the date first above
written and upon the execution and delivery hereof by each of the parties
hereto.

Section 7.5.           Governing Law.  This
First Supplemental Indenture shall be governed by, and construed in accordance
with, the laws of the State of New York.

Section 7.6.           Counterparts.  This
First Supplemental Indenture 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.

Section 7.7.           Effect of Headings.  The
Article and Section headings herein are for convenience only and shall not
affect the construction hereof.

Section 7.8.           Separability Clause.  In case any provision in this First Supplemental Indenture or in the
Notes shall be invalid, illegal or unenforceable, the validity, legality and
enforceability of the remaining provisions shall not in any way be affected or
impaired thereby.

Section 7.9.           Satisfaction and Discharge.  The
Issuer shall be deemed to have satisfied all of its obligations under this
First Supplemental Indenture upon compliance with the provisions of Section 15.03
or Section 15.04, as applicable of the Original Indenture relating to
defeasance of the Notes, to the extent set
forth in Sections 15.01 and 15.02.

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IN WITNESS
WHEREOF, the parties hereto have caused this First Supplemental Indenture to be
duly executed, and their respective corporate seals to be hereunto affixed and attested, all as of the date first
above written.

	
   

  	
  EQUIFAX INC.

  
	
   

  	
  as Issuer

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
   /s/ Lee Adrean

  	
   

  
	
   

  	
   

  	
  Name:  Lee
  Adrean

  
	
   

  	
   

  	
  Title:    Corporate Vice President
  and

  
	
   

  	
   

  	
               Chief
  Financial Officer

  
	
   

  	
   

  	
   

  
	
  Attest:

  	
   

  	
   

  
					

 

	
  /s/ Dean C. Arvidson

  	
   

  	
   

  
	
  Name:  Dean
  C. Arvidson

  	
   

  
	
  Title:    Senior
  Vice President,

  	
   

  
	
               Deputy
  General Counsel and

  	
   

  
	
               Corporate
  Secretary

  	
   

  

 

THE BANK OF NEW YORK TRUST COMPANY, N.A. (AS 

SUCCESSOR TO BANK ONE TRUST COMPANY, N.A., 

WHICH WAS SUCCESSOR IN INTEREST TO THE FIRST 

NATIONAL BANK OF CHICAGO)

as Trustee

 

	
   

  	
   

  	
   

  	
   

  
	
  

  	
  By:

  	
  /s/ Stefan Victory

  	
   

  
	
   

  	
  Name: Stefan
  Victory

  
	
   

  	
   

  
	
   

  	
  Title: Vice
  President

  
	
  Attest:

  	
   

  
	
   

  	
   

  
	
  /s/ Karen Z. Kelly

  	
   

  
	
   

  	
   

  
	
  Name: Karen Z. Kelly

  	
   

  
	
  Title: Vice President

  	
   

  
					

 

 9

EXHIBIT A

[FACE OF NOTE]

THIS NOTE IS A SECURITY IN
GLOBAL FORM (“GLOBAL SECURITY”) WITHIN THE MEANING OF SECTION 2.03 OF THE
ORIGINAL INDENTURE HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (THE “DEPOSITORY”) OR A
NOMINEE OF THE DEPOSITORY, WHICH MAY BE TREATED BY THE ISSUER, THE TRUSTEE AND
ANY AGENT THEREOF AS OWNER AND HOLDER OF THIS NOTE FOR ALL PURPOSES.

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

UNLESS AND UNTIL THIS
CERTIFICATE IS EXCHANGED IN WHOLE OR IN PART FOR NOTES IN CERTIFICATED FORM,
THIS CERTIFICATE MAY NOT BE TRANSFERRED EXCEPT AS A WHOLE BY DTC TO A NOMINEE
THEREOF OR BY A NOMINEE THEREOF TO DTC OR ANOTHER NOMINEE OF DTC OR BY DTC OR
ANY SUCH NOMINEE TO A SUCCESSOR OF DTC OR A NOMINEE OF SUCH SUCCESSOR.

	
  REGISTERED

  	
  REGISTERED

  
	
   

  	
   

  
	
  NO. 1

  	
  PRINCIPAL
  AMOUNT

  
	
   

  	
   

  
	
  CUSIP NO. 294429 AF2

  	
  $300,000,000

  
	
  ININ NO. US294429AF21

  	
   

  

 

EQUIFAX INC.

6.30% Senior Notes due 2017

Equifax
Inc., a Georgia corporation (the “Issuer,” which term includes any successor
under the Original Indenture hereinafter referred to), for value received,
hereby promises to pay to Cede & Co. or its registered assigns, the
principal sum of Three Hundred Million Dollars on July 1, 2017 (the “Maturity
Date”), and to pay interest thereon from June 28, 2007 (or from the most recent
interest payment date to which interest has been paid or duly provided for) in
U.S. dollars semi-annually in arrears on January 1 and July 1 of each year,
each, an “Interest Payment Date”, commencing on January 1, 2008, and on the
Maturity Date, at the rate of 6.30% per annum, until payment of said principal
sum has been made or duly provided for.

 A-1
 

The
interest so payable and punctually paid or duly provided for on any Interest
Payment Date and on the Maturity Date will be paid to the Holder in whose name
this Note (or one or more predecessor Notes) is registered at the close of
business on the “Record Date” for such payment, which will be December 15 and
June 15 (regardless of whether such day is a Business Day (as defined
below)).  Any interest not so punctually
paid or duly provided for shall forthwith cease to be payable to the Holder on
such record date, and shall be paid to the Holder in whose name this Note (or
one or more predecessor Notes) is registered at the close of business on a
subsequent record date for the payment of such defaulted interest (which shall
be not less than five Business Days (as defined below) prior to the date of the
payment of such defaulted interest) established by notice given by mail by or
on behalf of the Issuer to the Holders of the Notes not less than 15 days
preceding such subsequent record date. Interest on this Note will be computed
on the basis of a 360-day year of twelve 30-day months.

The
principal of this Note payable on the Maturity Date will be paid against
presentation and surrender of this Note at the office or agency of the Issuer
maintained for that purpose in The Borough of Manhattan, The City of New
York.  The Issuer hereby initially
designates the Corporate Trust Office of the Trustee in the City of New York
as the office to be maintained by it where Notes may be presented for payment,
registration of transfer, or exchange and where notices or demands to or upon
the Issuer in respect of the Notes or the Original Indenture referred to on the
reverse hereof may be served.

Interest
payable on this Note on any Interest Payment Date and on the Maturity Date, as
the case may be, will be the amount of interest accrued from and including the
immediately preceding Interest Payment Date (or from and including June 28,
2007 in the case of the initial Interest Payment Date) to but excluding the
applicable Interest Payment Date or the Maturity Date, as the case may be.  If any Interest Payment Date or the Maturity
Date falls on a day that is not a Business Day (as defined below), the required
payment of interest or principal or both, as the case may be, will be made on
the next Business Day with the same force and effect as if it were made on the
date such payment was due and no interest will accrue on the amount so payable
for the period from and after such Interest Payment Date or the Maturity Date,
as the case may be.  “Business Day” means
any calendar day, that is not a Saturday, Sunday or legal holiday in New York,
New York and on which commercial banks are open for business in New York, New
York.

Payments
of principal and interest
in respect of this Note will be made by
wire transfer of immediately available funds in such coin or currency of the
United States of America as at the time of payment is legal tender for the
payment of public and private debts.

Reference
is made to the further provisions of this Note set forth on the reverse
hereof.  Such further provisions shall
for all purposes have the same effect as though fully set forth at this place.

This
Note shall not be entitled to the benefits of the Original Indenture referred
to on the reverse hereof or be valid or become obligatory
for any purpose until the certificate of authentication hereon shall have been
signed by the Trustee under such Indenture.

 A-2

IN
WITNESS WHEREOF, the Issuer has caused this instrument to be signed manually or
by facsimile by its authorized officers.

	
  Dated as of: June 28, 2007

  	
   

  
	
   

  	
  EQUIFAX INC.

  
	
   

  	
  as Issuer

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
   /s/ Lee Adrean

  	
   

  
	
   

  	
  Name:   Lee Adrean

  
	
   

  	
  Title:     Corporate Vice
  President and Chief 

                Financial
  Officer

  
	
   

  	
   

  
	
  Attest:

  	
   

  
						

 

 

	
  /s/ Dean C. Arvidson

  	
   

  	
   

  
	
  Name: Dean C. Arvidson

  	
   

  
	
  Title: Senior Vice President,

  	
   

  
	
           Deputy
  General Counsel and

  	
   

  
	
           Corporate
  Secretary

  	
   

  
				

 

TRUSTEE’S CERTIFICATE OF AUTHENTICATION

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

 

THE BANK OF NEW YORK TRUST COMPANY, N.A. (AS 

SUCCESSOR TO BANK ONE TRUST COMPANY, N.A., 

WHICH WAS SUCCESSOR IN INTEREST TO THE FIRST 

NATIONAL BANK OF CHICAGO)

as Trustee

	
  By: 

  	
   

  	
   

  
	
   

  	
  Authorized Officer

  

 

[REVERSE OF NOTE]

EQUIFAX INC.

6.30% Senior Notes due 2017

This security is one of a duly authorized issue of
debentures, notes, bonds, or other evidences of indebtedness of the Issuer
(hereinafter called the “Securities”) of the series hereinafter specified, all
issued or to be issued under and pursuant to an Indenture dated as of June 29,
1998 (hereinafter called the “Original Indenture”), duly executed and delivered
by the Issuer to The Bank of New York Trust Company, N.A. (as successor to Bank
One Trust Company, N.A., which was successor in interest to The First National
Bank of Chicago), as Trustee (hereinafter called the “Trustee,” which term
includes any successor trustee under the Original Indenture with respect to the
series of Securities of which this Note is a part), and a First Supplemental
Indenture, dated as of June 28, 2007, between the Issuer and the Trustee (the “First
Supplemental Indenture;” the Original Indenture as modified and supplemented by
the First Supplemental Indenture is herein called the “Indenture”) to which the
Original Indenture and all indentures supplemental thereto relating to this
security reference is hereby made for a description of the rights, limitations
of rights, obligations, duties, and immunities thereunder of the Trustee, the
Issuer, and the Holders of the Securities, and of the terms upon which the
Securities are, and are to be, authenticated and delivered.  The Securities may be issued in one or more
series, which different series may be issued in various aggregate principal
amounts, may mature at different times, may bear interest (if any) at different
rates, may be subject to different redemption provisions (if any), and may
otherwise vary as provided in the Original Indenture or any indenture
supplemental thereto.  This security is
one of a series designated as the 6.30% Senior Notes due 2017 of the Issuer,
initially limited in aggregate principal amount to $300,000,000.

In
case an Event of Default with respect to this security shall have occurred and
be continuing, the principal hereof together with accrued interest to the date
of declaration, if any, 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 Original Indenture.

Except as otherwise may be
specified herein or in the First Supplemental Indenture, the Issuer shall have
the right to redeem to Notes, in whole or in part, at any time or from time to
time, at a redemption price (the “Optional Redemption Price”) equal to the
greater of (i) 100% of the principal amount plus accrued an unpaid interest to,
but excluding, the Redemption Date, and (ii) the sum of the present values of
the Remaining Scheduled Payments of principal and interest (exclusive of
interest accrued to the Redemption Date) discounted to the Redemption Date on a
semi-annual basis (assuming a 360-day year consisting of twelve 30-day months)
at the Treasury Rate plus 25 basis points, plus accrued and unpaid interest on
the principal amount being redeemed to, but excluding, the Redemption Date.

The Issuer will mail notice
of such redemption to the registered holders of the Notes to be redeemed not
less than 30 nor more than 60 days prior to the Redemption Date.  If Notes are only partially redeemed pursuant
to the First Supplemental Indenture, the Notes to be redeemed will be selected
by the Trustee in such manner as in its sole discretion it shall deem
appropriate and fair; provided,
that if at the time of redemption the Notes to be redeemed are registered as a
Global Note, the Depository shall determine, in accordance with its procedures,
the principal amount of the Notes to be redeemed held by each of its
participants that holds a position in such Notes. The Optional Redemption Price
shall be paid prior to 12:00 noon, New York time, on the Redemption Date or at
such later time as is then permitted by the rules of the Depository for the
Notes (if then registered as a Global Note); provided,
that the Issuer shall deposit with the Trustee an amount sufficient
to pay the Optional Redemption Price by 10:00 a.m., New York time, on the date
such Optional Redemption Price is to be paid.

If a Change of Control
Triggering Event occurs, unless the Issuer has exercised its option to redeem
the Securities of this series, the Issuer shall be required to make an offer
(the “Change of Control Offer”) to each
Holder of the Notes of this series to repurchase all or any part (equal to
$2,000 or an integral multiple of $1,000 in excess thereof) of that Holder’s
Notes on the terms set forth herein. In the Change of Control Offer, the Issuer
shall be required to offer payment in cash equal to 101% of the aggregate
principal amount of Notes of this series repurchased, plus accrued and unpaid
interest, if any, on the Notes of this series repurchased to the date of
repurchase (the “Change of Control Payment”). 
Within 30 days following any Change of Control Triggering Event or, at the
Issuer’s option, prior to any Change of Control, but after public announcement
of the transaction that constitutes or may constitute the Change of Control, a
notice shall be mailed to Holders of the Notes of this series describing the
transaction that constitutes or may constitute the Change of Control Triggering
Event and offering to repurchase such Securities on the date specified in the
notice, which date shall be no earlier than 30 days and no later than 60 days
from the date such notice is mailed (the “Change of Control Payment
Date”).  The notice shall, if mailed prior to the date of
consummation of the Change of Control, state that the offer to purchase is
conditioned on the Change of Control Triggering Event occurring on or prior to
the Change of Control Payment Date.

In order to accept the
Change of Control Offer, the Holder must deliver to the Paying Agent, at least
three Business Days prior to the Change of Control Payment Date, this Security
together with the form entitled “Election Form” (which form is annexed hereto)
duly completed, or a telegram, telex, facsimile transmission or a letter from a
member of a national securities exchange, or the National Association of
Securities Dealers, Inc. or a commercial bank or trust company in the United
States setting forth:

(i)            the name of the Holder of the Note;

(ii)           the principal amount of the Note;

(iii)          the principal amount of the Note to be
repurchased;

(iv)          the certificate number or a
description of the tenor and terms of the Note;

(v)           a statement that the Holder is
accepting the Change of Control Offer; and

(vi)          a guarantee that the Note, together
with the form entitled “Election Form” duly completed, will be received by the
Paying Agent at least three Business Days prior to the Change of Control
Payment Date.

Any exercise by a Holder of
its election to accept the Change of Control Offer shall be irrevocable. The
Change of Control Offer may be accepted for less than the entire principal
amount of the Notes, but in that event the principal amount of the Notes
remaining outstanding after repurchase must be equal to $2,000 or an integral
multiple of $1,000 in excess thereof.  On
the Change of Control Payment Date, the Issuer shall, to the extent lawful (1)
accept for payment all Notes of this series or portions of such Notes properly
tendered pursuant to the Change of Control Offer, (2) deposit with the Paying
Agent an amount equal to the Change of Control Payment in respect of all Notes
of this series or portions of such Notes properly tendered, and (3) deliver or
cause to be delivered to the Trustee the Notes of this series properly accepted
together with an Officers’ Certificate stating the aggregate principal amount
of Notes of this series or portions of such Securities being repurchased.

The Issuer shall not be
required to make a Change of Control Offer upon the occurrence of a Change of
Control Triggering Event if a third party makes such an offer in the manner, at
the times 

and otherwise in compliance
with the requirements for an offer made by the Issuer and the third party
purchases all Notes of this series properly tendered and not withdrawn under
its offer.  In addition, the Issuer shall not repurchase any Securities of
this series if there has occurred and is continuing on the Change of Control
Payment Date an Event of Default under the Original Indenture, other than a
default in the payment of the Change of Control Payment upon a Change of
Control Triggering Event.

The Issuer shall comply with
the requirements of Rule 14e-1 under the Securities Exchange Act of 1934, as
amended (the “Exchange Act”), and any other
securities laws and regulations thereunder to the extent those laws and
regulations are applicable in connection with the repurchase of the Securities
of this series as a result of a Change of Control Triggering Event. To the
extent that the provisions of any such securities laws or regulations conflict
with the Change of Control Offer provisions of the Notes of this series, the
Issuer shall comply with those securities laws and regulations and shall not be
deemed to have breached its obligations under the Change of Control Offer provisions
of the Securities of this series by virtue of any such conflict.

The following terms have the
meanings given to them in this Note:

“Business Day” shall mean, unless otherwise specified, any
calendar day that is not a Saturday, Sunday or legal holiday in New York, New
York and on which commercial banks are open for business in New York, New York.

“Change of
Control” means the occurrence of any of the following: (1) the
consummation of any transaction (including, without limitation, any merger or
consolidation) the result of which is that any “person” (as that term is used
in Section 13(d)(3) of the Exchange Act) becomes the beneficial owner (as
defined in Rules 13d-3 and 13d-5 under the Exchange Act), directly or
indirectly, of more than 50% of the Issuer’s Voting Stock or other Voting Stock
into which the Issuer’s Voting Stock is reclassified, consolidated, exchanged
or changed, measured by voting power rather than number of shares; (2) the
direct or indirect sale, transfer, conveyance or other disposition (other than
by way of merger or consolidation), in one or more series of related
transactions, of all or substantially all of the assets of the Issuer and its
Subsidiaries, taken as a whole, to one or more Persons (other than the Issuer
or a Subsidiary); or (3) the first day on which a majority of the members of
the Issuer’s Board of Directors are not Continuing Directors. Notwithstanding
the foregoing, a transaction shall not be deemed to involve a Change of Control
if (1) the Issuer becomes a direct or indirect wholly-owned subsidiary of
a holding company and (2)(A) the direct or indirect holders of the Voting Stock
of such holding company immediately following that transaction are
substantially the same as the holders of the Issuer’s Voting Stock immediately
prior to that transaction or (B) immediately following that transaction no “person”
(as that term is used in Section 13(d)(3) of the Exchange Act), other than a
holding company satisfying the requirements of this sentence, is the beneficial
owner, directly or indirectly, of more than 50% of the Voting Stock of such
holding company.

“Change of
Control Triggering Event” means the occurrence of both a Change of
Control and a Rating Event.

“Comparable Treasury Issue” shall mean the United States
Treasury security selected by an Independent Investment Banker as having a
maturity comparable to the remaining term (“Remaining
Life”) of the Notes 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 Notes.

“Comparable Treasury Price” shall mean, with respect to any
Redemption Date, (A) the average of the Reference Treasury Dealer
Quotations for such Redemption Date, after excluding 

the highest and lowest such
Reference Treasury Dealer Quotations, or (B) if the Independent Investment
Banker obtains fewer than three such Reference Treasury Dealer Quotations, the
average of all such Quotations or, if only one such Quotation is obtained, such
Quotation.

“Continuing
Directors” means, as of any date of determination, any member of the
Issuer’s Board of Directors who (1) was a member of such Board of Directors on
the date the Notes were issued or (2) was nominated for election, elected or
appointed to such Board of Directors with the approval of a majority of the
Continuing Directors who were members of such Board of Directors at the time of
such nomination, election or appointment (either by a specific vote or by
approval of the Issuer’s proxy statement in which such member was named as a
nominee for election as a director, without objection to such nomination).

 “Depository”
shall mean a clearing agency registered under Section 17A of the Exchange Act that
is designated to act as Depository for the Notes.

 “Independent
Investment Banker” shall mean an
independent investment banking institution of national standing appointed by
the Issuer, which may be one of the Reference Treasury Dealers.

“Investment
Grade Rating” means a rating equal to or higher than Baa3 (or the
equivalent) by Moody’s and BBB- (or the equivalent) by S&P, and the
equivalent investment grade credit rating from any additional rating agency or
rating agencies selected by the Issuer.

“Moody’s”
means Moody’s Investors Service, Inc.

“Rating
Agencies” means (1) each of Moody’s and S&P; and
(2) if either of Moody’s or S&P ceases to rate the Notes or fails to
make a rating of such Securities publicly available for reasons outside of the
Issuer’s control, a “nationally recognized statistical rating organization”
within the meaning of Rule 15c3-1(c)(2)(vi)(F) under the Exchange Act
selected by the Issuer (as certified by a resolution of the Issuer’s Board of
Directors) as a replacement agency for, Moody’s or S&P, or both of them, as
the case may be.

“Rating Event”
means the rating on the Notes is lowered by each of the Rating Agencies and the
Notes are rated below an Investment Grade Rating by each of the Rating Agencies
on any day within the 60-day period (which 60-day period shall be extended so
long as the rating of the Securities of this series is under publicly announced
consideration for a possible downgrade by any of the Rating Agencies) after the
earlier of (1) the occurrence of a Change of Control and (2) public
notice of the occurrence of a Change of Control or the Issuer’s intention to
effect a Change of Control; provided,
however, that a Rating Event otherwise arising by virtue of a
particular reduction in rating shall not be deemed to have occurred in respect
of a particular Change of Control (and thus shall not be deemed a Rating Event
for purposes of the definition of Change of Control Triggering Event) if the
Rating Agencies making the reduction in rating to which this definition would otherwise
apply do not announce or publicly confirm or inform the Trustee in writing at
the Issuer’s or the Trustee’s request that the reduction was the result, in
whole or in part, of any event or circumstance comprised of or arising as a
result of, or in respect of, the applicable Change of Control (whether or not
the applicable Change of Control has occurred at the time of the Rating Event).

“Redemption Date” shall mean, with respect to any redemption of
Notes, the date fixed for such redemption pursuant to the Original Indenture
and such Notes.

“Reference Treasury Dealer” shall mean (i) Banc of America
Securities LLC and its successors, provided,
that if Banc of America Securities LLC  or any such successor shall cease to be a
primary U.S. government securities dealer in New York City (a “Primary Treasury Dealer”), the Issuer will
substitute therefor another Primary Treasury Dealer and (ii) any other
three Primary Treasury Dealers selected by the Issuer.

“Reference Treasury Dealer Quotations” shall mean, 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 by
the Reference Treasury Dealer at 5:00 p.m. on the third Business Day preceding
such Redemption Date.

“Remaining
Scheduled Payments” means, with respect to the Notes to be redeemed,
the remaining scheduled payments of the principal thereof and interest thereon
that would be due at the related Redemption Date but before such redemption;
provided, however, that if such Redemption Date is not an interest payment
date, with respect to the Notes, the amount of the next succeeding scheduled
interest payment thereon will be deemed to be reduced by the amount of interest
accrued thereon to such Redemption Date.

“S&P”
means Standard & Poor’s Rating Services, a division of The McGraw-Hill
Companies, Inc.

“Treasury Rate” shall mean, 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 designated “H.15 (519)” 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), (ii) if the period from the Redemption Date to the Maturity Date
of the Notes to be redeemed is less than one year, the weekly average yield on
actually traded United States Treasury securities adjusted to a constant
maturity of one year will be used, or (iii) 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 such Redemption
Date. The Treasury Rate shall be calculated by the Issuer on the third Business
Day preceding such Redemption Date. The Trustee shall not be responsible for
any such calculation.

“Voting Stock”
means, with respect to any specified “person” (as that term is used in Section
13(d)(3) of the Exchange Act) as of any date, the capital stock of such person
that is at the time entitled to vote generally in the election of the board of
directors of such person.

The Original Indenture
contains provisions permitting the Issuer and the Trustee, with the consent of
the Holders of not less than a majority of the aggregate principal amount of
the Securities at the time outstanding of all series to be affected (voting as
one class), evidenced as provided in the Original Indenture, to execute
supplemental indentures adding any provisions to or changing in any manner or
eliminating any of the provisions of the Original Indenture or of any
supplemental indenture or modifying in any manner the rights of the Holders of
the Securities of each series; provided, however, 

that no such supplemental
indenture shall, without the consent of the Holder of each Security so
affected, (1) change the Stated Maturity of the principal of, or installment of
interest, if any, on, any Security, or reduce the principal amount thereof or
the interest thereon or any premium payable upon redemption thereof, or change
the Stated Maturity of or reduce the amount of any payment to be made with respect
to any Coupon, or change the Currency or Currencies in which the principal of
(and premium, if any) or interest on such Security is denominated or payable,
or change the place where any such amount is payable, or reduce the amount of
the principal of a Discount Security that would be due and payable upon a
declaration of acceleration of the Maturity thereof pursuant to Section 5.02 of
the Original Indenture, or adversely affect the right of repayment or
repurchase, if any, at the option of the Holder, or reduce the amount of, or
postpone the date fixed for, any payment under any sinking fund or analogous
provisions for any Security, or impair the right to institute suit for the
enforcement of any payment on or after the Stated Maturity thereof (or, in the
case of redemption, on or after the Redemption Date), or limit the obligation
of the Issuer to maintain a paying agency outside the United States for payment
on Bearer Securities as provided in Section 12.03 of the Original Indenture, or
(2) reduce the percentage in principal amount of the Outstanding Securities of
any series, the consent of whose Holders is required for any supplemental
indenture, or the consent of whose Holders is required for any waiver of
compliance with certain provisions of this Indenture or certain defaults
hereunder and their consequences provided for in this Indenture, or (3) modify
any of the provisions of Sections 11.02, 5.13 or 12.09 of the Original
Indenture, except to increase any such percentage or to provide that certain other
provisions of the Original Indenture cannot be modified or waived without the
consent of the Holder of each Outstanding Security of each series affected
thereby.

It is
also provided in the Original Indenture that, with respect to certain defaults
or Events of Default regarding the Securities of any series, the Holders of a
majority in aggregate principal amount outstanding of the Securities of
such series (or, in the case of certain defaults or Events of Default, all
series of Securities) may on behalf of the Holders of all the Securities of
such series (or all of the Securities, as the case may be) waive any such past
default or Event of Default and its consequences, prior to any declaration
accelerating the maturity of such Securities, or, subject to certain
conditions, may rescind a declaration of acceleration and its consequences with
respect to such Securities. Any such consent or waiver by the Holder of this
Security (unless revoked as provided in the Original Indenture) shall be
conclusive and binding upon such Holder and upon all future Holders and owners
of the security and any securities that may be issued in exchange or
substitution herefor, irrespective of whether or not any notation thereof is
made upon this security or such other securities.

No
reference herein to the Original Indenture and no provision of this security or
of the Original Indenture shall alter or impair the obligation of the Issuer,
which is absolute and unconditional, to pay the principal of and interest on
this Security in the manner, at the respective times, at the rate and in the
coin or currency herein prescribed.

This
Security is issuable only in registered form without coupons in denominations
of $2,000 and integral multiples of $1,000 in excess thereof.  Securities may be exchanged for a
like aggregate principal amount of securities of this series of other
authorized denominations at the office or agency of the Issuer in The Borough
of Manhattan,  The City of New York, in
the manner and subject to the limitations provided in the Original Indenture,
but without the payment of any service charge except for any tax or other
governmental charge imposed in connection therewith.

Upon
due presentment for registration of transfer of Securities at the office or
agency of the Issuer in The Borough of Manhattan, The City of New York, one or
more new Securities of the same series of authorized denominations in an equal
aggregate principal amount will be issued to the transferee in exchange
therefor, subject to the limitations provided in the Original Indenture,
without charge except for any tax or other governmental charge imposed in
connection therewith.

The
Issuer, the Trustee or any authorized agent of the Issuer or the Trustee may
deem and treat the Person in whose name this security is registered as the
absolute owner of this security (whether or not this security
shall be overdue and notwithstanding any notation of ownership or other writing
hereon), for the purpose of receiving payment of, or on account of, the
principal hereof and Make-Whole Amount, if any, and subject to the provisions
on the face hereof, interest hereon, and for all other purposes, and neither
the Issuer nor the Trustee nor any authorized agent of the Issuer or the
Trustee shall be affected by any notice to the contrary.

The
Original Indenture and each Security shall be deemed to be a contract under
the laws of the State of New York, and for all purposes shall be construed in
accordance with the laws of such state, except as may otherwise be required by
mandatory provisions of law.

Capitalized terms used
herein which are not otherwise defined shall have the respective meanings
assigned to them in the Original Indenture and all indentures supplemental
thereto relating to this security.

OPTION OF HOLDER TO ELECT PURCHASE

If you want to elect to have
this Note purchased by the Issuer pursuant to Article Three of the First
Supplemental Indenture, check the box:

o

If you want to elect to have
only part of this Note purchased by the Issuer pursuant to Article Three of the
First Supplemental Indenture, state the amount in principal amount that you
elect to have purchased:

$                                           

	
  Dated:

  	
   

  	
  Your Signature:

  	
   

  	
   

  
	
   

  	
  (Sign exactly as your name appears on the other side
  

  of this Note.)

  
	
   

  	
   

  
	
   Signature
  Guarantee: 

  	
   

  	
   

  
	
   

  	
  (Signature must be guaranteed)

  
									

 

Signatures must be
guaranteed by an “eligible guarantor institution” meeting the requirements of
the Registrar, which requirements include membership or participation in the Security
Transfer Agent Medallion Program (“STAMP”) or such other “signature guarantee
program” as may be determined by the Registrar in addition to, or in
substitution for, STAMP, all in accordance with the Securities Exchange Act of
1934, as amended.EXHIBIT 4.2

[FACE OF NOTE]

THIS NOTE IS A SECURITY IN
GLOBAL FORM (“GLOBAL SECURITY”) WITHIN THE MEANING OF SECTION 2.03 OF THE
ORIGINAL INDENTURE HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (THE “DEPOSITORY”) OR A
NOMINEE OF THE DEPOSITORY, WHICH MAY BE TREATED BY THE ISSUER, THE TRUSTEE AND
ANY AGENT THEREOF AS OWNER AND HOLDER OF THIS NOTE FOR ALL PURPOSES.

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

UNLESS AND UNTIL THIS
CERTIFICATE IS EXCHANGED IN WHOLE OR IN PART FOR NOTES IN CERTIFICATED FORM,
THIS CERTIFICATE MAY NOT BE TRANSFERRED EXCEPT AS A WHOLE BY DTC TO A NOMINEE
THEREOF OR BY A NOMINEE THEREOF TO DTC OR ANOTHER NOMINEE OF DTC OR BY DTC OR
ANY SUCH NOMINEE TO A SUCCESSOR OF DTC OR A NOMINEE OF SUCH SUCCESSOR.

	
  REGISTERED

  	
   

  	
  REGISTERED

  
	
   

  	
   

  	
   

  
	
  NO. 1

  	
   

  	
  PRINCIPAL
  AMOUNT

  
	
   

  	
   

  	
   

  
	
  CUSIP NO. 294429 AF2

  	
   

  	
  $300,000,000

  
	
  ININ NO. US294429AF21

  	
   

  	
   

  

EQUIFAX INC.

6.30% Senior Notes due 2017

Equifax
Inc., a Georgia corporation (the “Issuer,” which term includes any successor
under the Original Indenture hereinafter referred to), for value received,
hereby promises to pay to Cede & Co. or its registered assigns, the
principal sum of Three Hundred Million Dollars on July 1, 2017 (the “Maturity
Date”), and to pay interest thereon from June 28, 2007 (or from the most recent
interest payment date to which interest has been paid or duly provided for) in
U.S. dollars semi-annually in arrears on January 1 and July 1 of each year,
each, an “Interest Payment Date”, commencing on January 1, 2008, and on the
Maturity Date, at the rate of 6.30% per annum, until payment of said principal
sum has been made or duly provided for.

 A-1
 

The
interest so payable and punctually paid or duly provided for on any Interest
Payment Date and on the Maturity Date will be paid to the Holder in whose name
this Note (or one or more predecessor Notes) is registered at the close of business
on the “Record Date” for such payment, which will be December 15 and June 15
(regardless of whether such day is a Business Day (as defined below)).  Any interest not so punctually paid or duly
provided for shall forthwith cease to be payable to the Holder on such record
date, and shall be paid to the Holder in whose name this Note (or one or more
predecessor Notes) is registered at the close of business on a subsequent
record date for the payment of such defaulted interest (which shall be not less
than five Business Days (as defined below) prior to the date of the payment of
such defaulted interest) established by notice given by mail by or on behalf of
the Issuer to the Holders of the Notes not less than 15 days preceding such
subsequent record date. Interest on this Note will be computed on the basis of
a 360-day year of twelve 30-day months.

The
principal of this Note payable on the Maturity Date will be paid against
presentation and surrender of this Note at the office or agency of the Issuer
maintained for that purpose in The Borough of Manhattan, The City of New
York.  The Issuer hereby initially
designates the Corporate Trust Office of the Trustee in the City of New York
as the office to be maintained by it where Notes may be presented for payment,
registration of transfer, or exchange and where notices or demands to or upon
the Issuer in respect of the Notes or the Original Indenture referred to on the
reverse hereof may be served.

Interest
payable on this Note on any Interest Payment Date and on the Maturity Date, as
the case may be, will be the amount of interest accrued from and including the
immediately preceding Interest Payment Date (or from and including June 28,
2007 in the case of the initial Interest Payment Date) to but excluding the applicable
Interest Payment Date or the Maturity Date, as the case may be.  If any Interest Payment Date or the Maturity
Date falls on a day that is not a Business Day (as defined below), the required
payment of interest or principal or both, as the case may be, will be made on
the next Business Day with the same force and effect as if it were made on the
date such payment was due and no interest will accrue on the amount so payable
for the period from and after such Interest Payment Date or the Maturity Date,
as the case may be.  “Business Day” means
any calendar day, that is not a Saturday, Sunday or legal holiday in New York,
New York and on which commercial banks are open for business in New York, New
York.

Payments
of principal and interest
in respect of this Note will be made by
wire transfer of immediately available funds in such coin or currency of the
United States of America as at the time of payment is legal tender for the
payment of public and private debts.

Reference
is made to the further provisions of this Note set forth on the reverse
hereof.  Such further provisions shall
for all purposes have the same effect as though fully set forth at this place.

This
Note shall not be entitled to the benefits of the Original Indenture referred
to on the reverse hereof or be valid or become obligatory
for any purpose until the certificate of authentication hereon shall have been
signed by the Trustee under such Indenture.

 A-2

IN
WITNESS WHEREOF, the Issuer has caused this instrument to be signed manually or
by facsimile by its authorized officers.

Dated as of:  June 28,
2007

	
  

  	
  EQUIFAX INC.

  as Issuer

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Lee Adrean

  
	
   

  	
   

  	
  Name: Lee Adrean

  
	
   

  	
   

  	
  Title: Corporate Vice President and Chief 

              Financial
  Officer

  
				

Attest:

	
  /s/ Dean C. Arvidson

  	
   

  	
   

  	
   

  
	
  Name: Dean C. Arvidson

  	
   

  	
   

  
	
  Title: Senior Vice President,

  	
   

  	
   

  
	
  Deputy General Counsel
  and

  	
   

  	
   

  
	
  Corporate Secretary

  	
   

  	
   

  

 

TRUSTEE’S CERTIFICATE OF AUTHENTICATION

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

THE BANK OF NEW YORK TRUST COMPANY, N.A. (AS SUCCESSOR
TO BANK ONE TRUST COMPANY, N.A., WHICH WAS SUCCESSOR IN INTEREST TO THE FIRST
NATIONAL BANK OF CHICAGO)

as Trustee

	
  

  	
  By:

  	
  /s/ Stefan Victory

  	
   

  
	
   

  	
   

  	
  Authorized Officer

  

 A-1
 

[REVERSE OF NOTE]

EQUIFAX INC.

6.30% Senior Notes due 2017

This security is one of a duly authorized issue of
debentures, notes, bonds, or other evidences of indebtedness of the Issuer
(hereinafter called the “Securities”) of the series hereinafter specified, all
issued or to be issued under and pursuant to an Indenture dated as of June 29,
1998 (hereinafter called the “Original Indenture”), duly executed and delivered
by the Issuer to The Bank of New York Trust Company, N.A. (as successor to Bank
One Trust Company, N.A., which was successor in interest to The First National
Bank of Chicago), as Trustee (hereinafter called the “Trustee,” which term
includes any successor trustee under the Original Indenture with respect to the
series of Securities of which this Note is a part), and a First Supplemental
Indenture, dated as of June 28, 2007, between the Issuer and the Trustee (the “First
Supplemental Indenture;” the Original Indenture as modified and supplemented by
the First Supplemental Indenture is herein called the “Indenture”) to which the
Original Indenture and all indentures supplemental thereto relating to this
security reference is hereby made for a description of the rights, limitations
of rights, obligations, duties, and immunities thereunder of the Trustee, the
Issuer, and the Holders of the Securities, and of the terms upon which the
Securities are, and are to be, authenticated and delivered.  The Securities may be issued in one or more
series, which different series may be issued in various aggregate principal
amounts, may mature at different times, may bear interest (if any) at different
rates, may be subject to different redemption provisions (if any), and may
otherwise vary as provided in the Original Indenture or any indenture
supplemental thereto.  This security is
one of a series designated as the 6.30% Senior Notes due 2017 of the Issuer, initially
limited in aggregate principal amount to $300,000,000.

In
case an Event of Default with respect to this security shall have occurred and
be continuing, the principal hereof together with accrued interest to the date
of declaration, if any, 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 Original Indenture.

Except as otherwise may be
specified herein or in the First Supplemental Indenture, the Issuer shall have
the right to redeem to Notes, in whole or in part, at any time or from time to
time, at a redemption price (the “Optional Redemption Price”) equal to the
greater of (i) 100% of the principal amount plus accrued an unpaid interest to,
but excluding, the Redemption Date, and (ii) the sum of the present values of
the Remaining Scheduled Payments of principal and interest (exclusive of
interest accrued to the Redemption Date) discounted to the Redemption Date on a
semi-annual basis (assuming a 360-day year consisting of twelve 30-day months)
at the Treasury Rate plus 25 basis points, plus accrued and unpaid interest on
the principal amount being redeemed to, but excluding, the Redemption Date.

The Issuer will mail notice
of such redemption to the registered holders of the Notes to be redeemed not
less than 30 nor more than 60 days prior to the Redemption Date.  If Notes are only partially redeemed pursuant
to the First Supplemental Indenture, the Notes to be redeemed will be selected
by the Trustee in such manner as in its sole discretion it shall deem
appropriate and fair; provided,
that if at the time of redemption the Notes to be redeemed are registered as a
Global Note, the Depository shall determine, in accordance with its procedures,
the principal amount of the Notes to be redeemed held by each of its
participants that holds a position in such Notes. The Optional Redemption Price
shall be paid prior to 12:00 noon, New York time, on the Redemption Date or at
such later time as is then permitted by the rules of the Depository for the Notes
(if then registered as a Global Note); provided,
that the Issuer shall deposit with the Trustee an amount sufficient
to pay the Optional Redemption Price by 10:00 a.m., New York time, on the date
such Optional Redemption Price is to be paid.

 A-2
 

If a Change of Control
Triggering Event occurs, unless the Issuer has exercised its option to redeem
the Securities of this series, the Issuer shall be required to make an offer
(the “Change of Control Offer”) to each
Holder of the Notes of this series to repurchase all or any part (equal to
$2,000 or an integral multiple of $1,000 in excess thereof) of that Holder’s
Notes on the terms set forth herein. In the Change of Control Offer, the Issuer
shall be required to offer payment in cash equal to 101% of the aggregate
principal amount of Notes of this series repurchased, plus accrued and unpaid
interest, if any, on the Notes of this series repurchased to the date of
repurchase (the “Change of Control Payment”). 
Within 30 days following any Change of Control Triggering Event or, at the
Issuer’s option, prior to any Change of Control, but after public announcement
of the transaction that constitutes or may constitute the Change of Control, a
notice shall be mailed to Holders of the Notes of this series describing the
transaction that constitutes or may constitute the Change of Control Triggering
Event and offering to repurchase such Securities on the date specified in the
notice, which date shall be no earlier than 30 days and no later than 60 days
from the date such notice is mailed (the “Change of Control Payment
Date”).  The notice shall, if mailed prior to the date of
consummation of the Change of Control, state that the offer to purchase is
conditioned on the Change of Control Triggering Event occurring on or prior to
the Change of Control Payment Date.

In order to accept the
Change of Control Offer, the Holder must deliver to the Paying Agent, at least
three Business Days prior to the Change of Control Payment Date, this Security
together with the form entitled “Election Form” (which form is annexed hereto)
duly completed, or a telegram, telex, facsimile transmission or a letter from a
member of a national securities exchange, or the National Association of
Securities Dealers, Inc. or a commercial bank or trust company in the United
States setting forth:

(vii)         the name of the Holder of the Note;

(viii)        the principal amount of the Note;

(ix)           the principal amount of the Note to
be repurchased;

(x)            the certificate number or a
description of the tenor and terms of the Note;

(xi)           a statement that the Holder is
accepting the Change of Control Offer; and

(xii)          a guarantee that the Note, together
with the form entitled “Election Form” duly completed, will be received by the
Paying Agent at least three Business Days prior to the Change of Control
Payment Date.

Any exercise by a Holder of
its election to accept the Change of Control Offer shall be irrevocable. The
Change of Control Offer may be accepted for less than the entire principal
amount of the Notes, but in that event the principal amount of the Notes
remaining outstanding after repurchase must be equal to $2,000 or an integral
multiple of $1,000 in excess thereof.  On
the Change of Control Payment Date, the Issuer shall, to the extent lawful (1)
accept for payment all Notes of this series or portions of such Notes properly
tendered pursuant to the Change of Control Offer, (2) deposit with the Paying
Agent an amount equal to the Change of Control Payment in respect of all Notes
of this series or portions of such Notes properly tendered, and (3) deliver or
cause to be delivered to the Trustee the Notes of this series properly accepted
together with an Officers’ Certificate stating the aggregate principal amount
of Notes of this series or portions of such Securities being repurchased.

The Issuer shall not be
required to make a Change of Control Offer upon the occurrence of a Change of
Control Triggering Event if a third party makes such an offer in the manner, at
the times 

 A-3
 

and otherwise in compliance
with the requirements for an offer made by the Issuer and the third party
purchases all Notes of this series properly tendered and not withdrawn under
its offer.  In addition, the Issuer shall not repurchase any Securities of
this series if there has occurred and is continuing on the Change of Control
Payment Date an Event of Default under the Original Indenture, other than a
default in the payment of the Change of Control Payment upon a Change of
Control Triggering Event.

The Issuer shall comply with
the requirements of Rule 14e-1 under the Securities Exchange Act of 1934, as
amended (the “Exchange Act”), and any other
securities laws and regulations thereunder to the extent those laws and
regulations are applicable in connection with the repurchase of the Securities
of this series as a result of a Change of Control Triggering Event. To the
extent that the provisions of any such securities laws or regulations conflict
with the Change of Control Offer provisions of the Notes of this series, the
Issuer shall comply with those securities laws and regulations and shall not be
deemed to have breached its obligations under the Change of Control Offer
provisions of the Securities of this series by virtue of any such conflict.

The following terms have the
meanings given to them in this Note:

“Business Day” shall mean, unless otherwise specified, any
calendar day that is not a Saturday, Sunday or legal holiday in New York, New
York and on which commercial banks are open for business in New York, New York.

“Change of
Control” means the occurrence of any of the following: (1) the
consummation of any transaction (including, without limitation, any merger or
consolidation) the result of which is that any “person” (as that term is used
in Section 13(d)(3) of the Exchange Act) becomes the beneficial owner (as
defined in Rules 13d-3 and 13d-5 under the Exchange Act), directly or
indirectly, of more than 50% of the Issuer’s Voting Stock or other Voting Stock
into which the Issuer’s Voting Stock is reclassified, consolidated, exchanged
or changed, measured by voting power rather than number of shares; (2) the
direct or indirect sale, transfer, conveyance or other disposition (other than
by way of merger or consolidation), in one or more series of related
transactions, of all or substantially all of the assets of the Issuer and its
Subsidiaries, taken as a whole, to one or more Persons (other than the Issuer
or a Subsidiary); or (3) the first day on which a majority of the members of
the Issuer’s Board of Directors are not Continuing Directors. Notwithstanding
the foregoing, a transaction shall not be deemed to involve a Change of Control
if (1) the Issuer becomes a direct or indirect wholly-owned subsidiary of
a holding company and (2)(A) the direct or indirect holders of the Voting Stock
of such holding company immediately following that transaction are
substantially the same as the holders of the Issuer’s Voting Stock immediately
prior to that transaction or (B) immediately following that transaction no “person”
(as that term is used in Section 13(d)(3) of the Exchange Act), other than a
holding company satisfying the requirements of this sentence, is the beneficial
owner, directly or indirectly, of more than 50% of the Voting Stock of such
holding company.

“Change of
Control Triggering Event” means the occurrence of both a Change of
Control and a Rating Event.

“Comparable Treasury Issue” shall mean the United States
Treasury security selected by an Independent Investment Banker as having a
maturity comparable to the remaining term (“Remaining
Life”) of the Notes 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 Notes.

“Comparable Treasury Price” shall mean, with respect to any
Redemption Date, (A) the average of the Reference Treasury Dealer
Quotations for such Redemption Date, after excluding 

 A-4
 

the highest and lowest such
Reference Treasury Dealer Quotations, or (B) if the Independent Investment
Banker obtains fewer than three such Reference Treasury Dealer Quotations, the
average of all such Quotations or, if only one such Quotation is obtained, such
Quotation.

“Continuing
Directors” means, as of any date of determination, any member of the
Issuer’s Board of Directors who (1) was a member of such Board of Directors on
the date the Notes were issued or (2) was nominated for election, elected or
appointed to such Board of Directors with the approval of a majority of the
Continuing Directors who were members of such Board of Directors at the time of
such nomination, election or appointment (either by a specific vote or by
approval of the Issuer’s proxy statement in which such member was named as a
nominee for election as a director, without objection to such nomination).

 “Depository”
shall mean a clearing agency registered under Section 17A of the Exchange Act
that is designated to act as Depository for the Notes.

 “Independent
Investment Banker” shall mean an
independent investment banking institution of national standing appointed by
the Issuer, which may be one of the Reference Treasury Dealers.

“Investment
Grade Rating” means a rating equal to or higher than Baa3 (or the
equivalent) by Moody’s and BBB- (or the equivalent) by S&P, and the equivalent
investment grade credit rating from any additional rating agency or rating
agencies selected by the Issuer.

“Moody’s”
means Moody’s Investors Service, Inc.

“Rating
Agencies” means (1) each of Moody’s and S&P; and
(2) if either of Moody’s or S&P ceases to rate the Notes or fails to
make a rating of such Securities publicly available for reasons outside of the
Issuer’s control, a “nationally recognized statistical rating organization”
within the meaning of Rule 15c3-1(c)(2)(vi)(F) under the Exchange Act
selected by the Issuer (as certified by a resolution of the Issuer’s Board of
Directors) as a replacement agency for, Moody’s or S&P, or both of them, as
the case may be.

“Rating Event”
means the rating on the Notes is lowered by each of the Rating Agencies and the
Notes are rated below an Investment Grade Rating by each of the Rating Agencies
on any day within the 60-day period (which 60-day period shall be extended so
long as the rating of the Securities of this series is under publicly announced
consideration for a possible downgrade by any of the Rating Agencies) after the
earlier of (1) the occurrence of a Change of Control and (2) public
notice of the occurrence of a Change of Control or the Issuer’s intention to
effect a Change of Control; provided,
however, that a Rating Event otherwise arising by virtue of a
particular reduction in rating shall not be deemed to have occurred in respect
of a particular Change of Control (and thus shall not be deemed a Rating Event
for purposes of the definition of Change of Control Triggering Event) if the
Rating Agencies making the reduction in rating to which this definition would
otherwise apply do not announce or publicly confirm or inform the Trustee in
writing at the Issuer’s or the Trustee’s request that the reduction was the
result, in whole or in part, of any event or circumstance comprised of or
arising as a result of, or in respect of, the applicable Change of Control
(whether or not the applicable Change of Control has occurred at the time of
the Rating Event).

“Redemption Date” shall mean, with respect to any redemption of
Notes, the date fixed for such redemption pursuant to the Original Indenture
and such Notes.

 A-5
 

“Reference Treasury Dealer” shall mean (i) Banc of America
Securities LLC and its successors, provided,
that if Banc of America Securities LLC  or any such successor shall cease to be a
primary U.S. government securities dealer in New York City (a “Primary Treasury Dealer”), the Issuer will
substitute therefor another Primary Treasury Dealer and (ii) any other
three Primary Treasury Dealers selected by the Issuer.

“Reference Treasury Dealer Quotations” shall mean, 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 by
the Reference Treasury Dealer at 5:00 p.m. on the third Business Day preceding
such Redemption Date.

“Remaining
Scheduled Payments” means, with respect to the Notes to be redeemed,
the remaining scheduled payments of the principal thereof and interest thereon
that would be due at the related Redemption Date but before such redemption;
provided, however, that if such Redemption Date is not an interest payment
date, with respect to the Notes, the amount of the next succeeding scheduled
interest payment thereon will be deemed to be reduced by the amount of interest
accrued thereon to such Redemption Date.

“S&P”
means Standard & Poor’s Rating Services, a division of The McGraw-Hill
Companies, Inc.

“Treasury Rate” shall mean, 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 designated “H.15 (519)” 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), (ii) if the period from the Redemption Date to the Maturity Date
of the Notes to be redeemed is less than one year, the weekly average yield on
actually traded United States Treasury securities adjusted to a constant
maturity of one year will be used, or (iii) 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
such Redemption Date. The Treasury Rate shall be calculated by the Issuer on
the third Business Day preceding such Redemption Date. The Trustee shall not be
responsible for any such calculation.

“Voting Stock”
means, with respect to any specified “person” (as that term is used in Section
13(d)(3) of the Exchange Act) as of any date, the capital stock of such person
that is at the time entitled to vote generally in the election of the board of
directors of such person.

The Original Indenture
contains provisions permitting the Issuer and the Trustee, with the consent of
the Holders of not less than a majority of the aggregate principal amount of
the Securities at the time outstanding of all series to be affected (voting as
one class), evidenced as provided in the Original Indenture, to execute
supplemental indentures adding any provisions to or changing in any manner or
eliminating any of the provisions of the Original Indenture or of any
supplemental indenture or modifying in any manner the rights of the Holders of
the Securities of each series; provided, however, 

 A-6
 

that no such supplemental
indenture shall, without the consent of the Holder of each Security so
affected, (1) change the Stated Maturity of the principal of, or installment of
interest, if any, on, any Security, or reduce the principal amount thereof or
the interest thereon or any premium payable upon redemption thereof, or change
the Stated Maturity of or reduce the amount of any payment to be made with
respect to any Coupon, or change the Currency or Currencies in which the
principal of (and premium, if any) or interest on such Security is denominated
or payable, or change the place where any such amount is payable, or reduce the
amount of the principal of a Discount Security that would be due and payable
upon a declaration of acceleration of the Maturity thereof pursuant to Section
5.02 of the Original Indenture, or adversely affect the right of repayment or
repurchase, if any, at the option of the Holder, or reduce the amount of, or
postpone the date fixed for, any payment under any sinking fund or analogous
provisions for any Security, or impair the right to institute suit for the
enforcement of any payment on or after the Stated Maturity thereof (or, in the
case of redemption, on or after the Redemption Date), or limit the obligation
of the Issuer to maintain a paying agency outside the United States for payment
on Bearer Securities as provided in Section 12.03 of the Original Indenture, or
(2) reduce the percentage in principal amount of the Outstanding Securities of
any series, the consent of whose Holders is required for any supplemental
indenture, or the consent of whose Holders is required for any waiver of
compliance with certain provisions of this Indenture or certain defaults
hereunder and their consequences provided for in this Indenture, or (3) modify
any of the provisions of Sections 11.02, 5.13 or 12.09 of the Original
Indenture, except to increase any such percentage or to provide that certain
other provisions of the Original Indenture cannot be modified or waived without
the consent of the Holder of each Outstanding Security of each series affected
thereby.

It is
also provided in the Original Indenture that, with respect to certain defaults
or Events of Default regarding the Securities of any series, the Holders of a
majority in aggregate principal amount outstanding of the Securities of
such series (or, in the case of certain defaults or Events of Default, all
series of Securities) may on behalf of the Holders of all the Securities of
such series (or all of the Securities, as the case may be) waive any such past
default or Event of Default and its consequences, prior to any declaration
accelerating the maturity of such Securities, or, subject to certain
conditions, may rescind a declaration of acceleration and its consequences with
respect to such Securities. Any such consent or waiver by the Holder of this
Security (unless revoked as provided in the Original Indenture) shall be
conclusive and binding upon such Holder and upon all future Holders and owners
of the security and any securities that may be issued in exchange or substitution
herefor, irrespective of whether or not any notation thereof is made upon this
security or such other securities.

No
reference herein to the Original Indenture and no provision of this security or
of the Original Indenture shall alter or impair the obligation of the Issuer,
which is absolute and unconditional, to pay the principal of and interest on
this Security in the manner, at the respective times, at the rate and in the
coin or currency herein prescribed.

This
Security is issuable only in registered form without coupons in denominations
of $2,000 and integral multiples of $1,000 in excess thereof.  Securities may be exchanged for a
like aggregate principal amount of securities of this series of other
authorized denominations at the office or agency of the Issuer in The Borough
of Manhattan,  The City of New York, in
the manner and subject to the limitations provided in the Original Indenture,
but without the payment of any service charge except for any tax or other
governmental charge imposed in connection therewith.

Upon
due presentment for registration of transfer of Securities at the office or
agency of the Issuer in The Borough of Manhattan, The City of New York, one or
more new Securities of the same series of authorized denominations in an equal
aggregate principal amount will be issued to the transferee in exchange
therefor, subject to the limitations provided in the Original Indenture,
without charge except for any tax or other governmental charge imposed in
connection therewith.

 A-7
 

The
Issuer, the Trustee or any authorized agent of the Issuer or the Trustee may
deem and treat the Person in whose name this security is registered as the
absolute owner of this security (whether or not this security
shall be overdue and notwithstanding any notation of ownership or other writing
hereon), for the purpose of receiving payment of, or on account of, the
principal hereof and Make-Whole Amount, if any, and subject to the provisions
on the face hereof, interest hereon, and for all other purposes, and neither
the Issuer nor the Trustee nor any authorized agent of the Issuer or the
Trustee shall be affected by any notice to the contrary.

The
Original Indenture and each Security shall be deemed to be a contract under
the laws of the State of New York, and for all purposes shall be construed in
accordance with the laws of such state, except as may otherwise be required by
mandatory provisions of law.

Capitalized terms used
herein which are not otherwise defined shall have the respective meanings
assigned to them in the Original Indenture and all indentures supplemental
thereto relating to this security.

 A-8
 

OPTION OF HOLDER TO ELECT PURCHASE

If you want to elect to have
this Note purchased by the Issuer pursuant to Article Three of the First
Supplemental Indenture, check the box:

o

If you want to elect to have
only part of this Note purchased by the Issuer pursuant to Article Three of the
First Supplemental Indenture, state the amount in principal amount that you
elect to have purchased:

$                      

	
  Dated:

  	
   

  	
   

  	
  Your Signature:

  	
   

  
	
   

  	
   

  	
  (Sign exactly as your name appears on the other side
  of this Note.)

  
	
   

  	
   

  	
   

  
	
   Signature
  Guarantee:

  	
   

  	
   

  
	
   

  	
   

  	
  (Signature must be guaranteed)

  
									

 

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

 A-9

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