Document:

Exhibit 4.3

Table of Contents

 Exhibit 4.3 
 HARLEY-DAVIDSON, INC. 
 to 

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

 
 INDENTURE

 Dated as of February 5, 2009 

 
  

Debt Securities 

Table of Contents

 TABLE OF CONTENTS* 

Page 
  

					
	 Parties
	  	 	1	  
	 Recitals
	  	 	1	  
		
	 ARTICLE ONE. DEFINITIONS
	  	 	1	  
		
	 SECTION 1.01 DEFINITIONS
	  	 	1	  
		
	 ARTICLE TWO. DEBT SECURITY FORMS
	  	 	12	  
		
	 SECTION 2.01 FORMS
GENERALLY
	  	 	12	  
	 SECTION 2.02 FORMS OF DEBT SECURITIES

	  	 	12	  
	 SECTION 2.03 FORM OF TRUSTEE’S CERTIFICATE
 OF AUTHENTICATION
	  	 	13	  
	 SECTION 2.04 DEBT SECURITIES IN GLOBAL FORM

	  	 	13	  
		
	 ARTICLE THREE. THE DEBT SECURITIES
	  	 	15	  
		
	 SECTION 3.01 TITLE AND
TERMS
	  	 	15	  
	 SECTION 3.02 DENOMINATIONS
	  	 	17	  
	 SECTION 3.03 PAYMENT OF PRINCIPAL AND INTEREST

	  	 	18	  
	 SECTION 3.04 EXECUTION OF DEBT SECURITIES

	  	 	18	  
	 SECTION 3.05 TEMPORARY DEBT SECURITIES

	  	 	20	  
	 SECTION 3.06 EXCHANGE AND REGISTRATION OF TRANSFER
 OF DEBT SECURITIES
	  	 	20	  
	 SECTION 3.07 MUTILATED, DESTROYED, LOST OR STOLEN
 DEBT SECURITIES
	  	 	21	  
	 SECTION 3.08 PAYMENT OF INTEREST; INTEREST RIGHTS
 PRESERVED
	  	 	22	  
	 SECTION 3.09 PERSONS DEEMED
OWNERS
	  	 	23	  
	 SECTION 3.10 CANCELLATION OF DEBT SECURITIES PAID
, ETC.
	  	 	24	  
	 SECTION 3.11 CURRENCY AND MANNER OF PAYMENTS

	  	 	24	  
	 SECTION 3.12 CUSIP NUMBERS
	  	 	26	  
		
	 ARTICLE FOUR. REDEMPTION OF DEBT SECURITIES; SINKING FUNDS
	  	 	26	  
		
	 SECTION 4.01 APPLICABILITY OF ARTICLE

	  	 	26	  
	 SECTION 4.02 NOTICE OF REDEMPTION; SELECTION OF
 DEBT SECURITIES
	  	 	26	  
	 SECTION 4.03 PAYMENT OF DEBT SECURITIES CALLED
 FOR REDEMPTION
	  	 	27	  
	 SECTION 4.04 EXCLUSION OF CERTAIN SECURITIES FROM
 ELIGIBILITY FOR SELECTION FOR REDEMPTION
	  	 	28	  
	 SECTION 4.05 PROVISIONS WITH RESPECT TO ANY
 SINKING FUNDS
	  	 	28	  
		
	 ARTICLE FIVE. PARTICULAR COVENANTS OF THE COMPANY
	  	 	30	  
		
	 SECTION 5.01 PAYMENT OF PRINCIPAL, PREMIUM AND
 INTEREST
	  	 	30	  
	 SECTION 5.02 OFFICES FOR NOTICES AND PAYMENTS
, ETC.
	  	 	30	  
	 SECTION 5.03 APPOINTMENTS TO FILL VACANCIES IN
 TRUSTEE’S OFFICE
	  	 	31	  
	 SECTION 5.04 PROVISIONS AS TO PAYING AGENT

	  	 	31	  
	 SECTION 5.05 LIMITATION ON SECURED DEBT

	  	 	31	  
	 SECTION 5.06 SALE AND LEASEBACK TRANSACTIONS

	  	 	34	  
	 SECTION 5.07 RESTRICTIONS ON TRANSFER OF PRINCIPAL
 PROPERTY TO UNRESTRICTED SUBSIDIARIES
	  	 	34	  
	 SECTION 5.08 CERTIFICATE TO
TRUSTEE
	  	 	35	  
	 SECTION 5.09 WAIVERS OF
COVENANTS
	  	 	35	  

  
  

	*	This table of contents shall not, for any purpose, be deemed to be a part of the Indenture. 

  
 i 

Table of Contents

					
		
	 ARTICLE SIX. HOLDERS’ LISTS AND REPORTS BY THE COMPANY AND THE TRUSTEE
	  	 	35	  
		
	 SECTION 6.01 HOLDERS’
LISTS
	  	 	35	  
	 SECTION 6.02 PRESERVATION AND DISCLOSURE OF LISTS

	  	 	36	  
	 SECTION 6.03 REPORTS BY THE COMPANY

	  	 	36	  
	 SECTION 6.04 REPORTS BY THE TRUSTEE

	  	 	36	  
	 SECTION 6.05 STATEMENT BY OFFICERS AS TO
 DEFAULT
	  	 	37	  
		
	 ARTICLE SEVEN. REMEDIES OF THE TRUSTEE AND HOLDERS ON EVENT OF DEFAULT
	  	 	37	  
		
	 SECTION 7.01 EVENTS OF
DEFAULT
	  	 	37	  
	 SECTION 7.02 PAYMENT OF DEBT SECURITIES UPON
 DEFAULT; SUIT THEREFOR
	  	 	40	  
	 SECTION 7.03 APPLICATION OF MONEYS COLLECTED BY
 TRUSTEE
	  	 	42	  
	 SECTION 7.04 PROCEEDINGS BY
HOLDERS
	  	 	43	  
	 SECTION 7.05 PROCEEDINGS BY
TRUSTEE
	  	 	43	  
	 SECTION 7.06 REMEDIES CUMULATIVE AND CONTINUING

	  	 	43	  
	 SECTION 7.07 DIRECTION OF PROCEEDINGS AND WAIVER
 OF DEFAULTS BY MAJORITY OF HOLDERS
	  	 	44	  
	 SECTION 7.08 NOTICE OF
DEFAULTS
	  	 	44	  
	 SECTION 7.09 UNDERTAKING TO PAY COSTS

	  	 	45	  
	 SECTION 7.10 UNCONDITIONAL RIGHT OF HOLDERS TO
 RECEIVE PRINCIPAL, PREMIUM AND INTEREST
	  	 	45	  
		
	 ARTICLE EIGHT. CONCERNING THE TRUSTEE
	  	 	45	  
		
	 SECTION 8.01 DUTIES AND RESPONSIBILITIES OF TRUSTEE

	  	 	45	  
	 SECTION 8.02 RELIANCE ON DOCUMENTS, OPINIONS,
 ETC.
	  	 	46	  
	 SECTION 8.03 NO RESPONSIBILITY FOR RECITALS,
 ETC.
	  	 	48	  
	 SECTION 8.04 TRUSTEE AND AGENTS MAY OWN
 DEBT SECURITIES
	  	 	48	  
	 SECTION 8.05 MONEYS TO BE HELD IN TRUST

	  	 	48	  
	 SECTION 8.06 COMPENSATION AND EXPENSES OF TRUSTEE

	  	 	48	  
	 SECTION 8.07 OFFICERS’ CERTIFICATE AS EVIDENCE

	  	 	49	  
	 SECTION 8.08 CONFLICTING INTEREST OF TRUSTEE

	  	 	49	  
	 SECTION 8.09 ELIGIBILITY OF
TRUSTEE
	  	 	49	  
	 SECTION 8.10 RESIGNATION OR REMOVAL OF TRUSTEE

	  	 	50	  
	 SECTION 8.11 ACCEPTANCE BY SUCCESSOR TRUSTEE

	  	 	51	  
	 SECTION 8.12 SUCCESSION BY MERGER, ETC
.
	  	 	52	  
	 SECTION 8.13 LIMITATION ON RIGHTS OF TRUSTEE
 AS A CREDITOR
	  	 	52	  
	 SECTION 8.14 AUTHENTICATING
AGENTS
	  	 	53	  
		
	 ARTICLE NINE. CONCERNING THE HOLDERS
	  	 	55	  
		
	 SECTION 9.01 ACTION BY
HOLDERS
	  	 	55	  
	 SECTION 9.02 PROOF OF EXECUTION BY HOLDERS

	  	 	56	  
	 SECTION 9.03 WHO ARE DEEMED ABSOLUTE OWNERS

	  	 	56	  
	 SECTION 9.04 COMPANY-OWNED DEBT SECURITIES DISREGARDED

	  	 	56	  
	 SECTION 9.05 REVOCATION OF CONSENTS; FUTURE HOLDERS
 BOUND
	  	 	57	  
		
	 ARTICLE TEN. HOLDERS’ MEETINGS
	  	 	57	  
		
	 SECTION 10.01 PURPOSES OF
MEETINGS
	  	 	57	  
	 SECTION 10.02 CALL OF MEETINGS BY TRUSTEE

	  	 	57	  
	 SECTION 10.03 CALL OF MEETINGS BY COMPANY
 OR HOLDERS
	  	 	58	  
	 SECTION 10.04 QUALIFICATIONS FOR VOTING

	  	 	58	  
	 SECTION 10.05 REGULATIONS
	  	 	58	  
	 SECTION 10.06 VOTING
	  	 	59	  
	 SECTION 10.07 NO DELAY OF RIGHTS BY
 MEETING
	  	 	59	  
		
	 ARTICLE ELEVEN. SUPPLEMENTAL INDENTURES
	  	 	59	  
		
	 SECTION 11.01 SUPPLEMENTAL INDENTURES WITHOUT CONSENT
 OF HOLDERS
	  	 	59	  
	 SECTION 11.02 SUPPLEMENTAL INDENTURES WITH CONSENT
 OF HOLDERS
	  	 	61	  
	 SECTION 11.03 EFFECT OF SUPPLEMENTAL INDENTURES

	  	 	62	  
	 SECTION 11.04 NOTATION ON DEBT SECURITIES

	  	 	62	  
	 SECTION 11.05 EVIDENCE OF COMPLIANCE OF SUPPLEMENTAL
 INDENTURE TO BE FURNISHED TRUSTEE
	  	 	62	  

  
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	 ARTICLE TWELVE. CONSOLIDATION, MERGER, SALE AND CONVEYANCE
	  	 	63	  
		
	 SECTION 12.01 COMPANY MAY CONSOLIDATE, ETC.,
 ON CERTAIN TERMS
	  	 	63	  
	 SECTION 12.02 SUCCESSOR ENTITY TO BE SUBSTITUTED

	  	 	63	  
	 SECTION 12.03 OPINION OF COUNSEL TO BE
 GIVEN TRUSTEE
	  	 	64	  
		
	 ARTICLE THIRTEEN. SATISFACTION AND DISCHARGE OF INDENTURE
	  	 	64	  
		
	 SECTION 13.01 SATISFACTION, DISCHARGE AND DEFEASANCE
 OF DEBT SECURITIES OF ANY SERIES
	  	 	64	  
	 SECTION 13.02 DEFEASANCE OF DEBT SECURITIES OF
 ANY SERIES
	  	 	65	  
	 SECTION 13.03 APPLICATION OF TRUST FUNDS; INDEMNIFICATION

	  	 	66	  
	 SECTION 13.04 RETURN OF UNCLAIMED MONEYS

	  	 	67	  
		
	 ARTICLE FOURTEEN. IMMUNITY OF INCORPORATORS, STOCKHOLDERS, ETC.
	  	 	68	  
		
	 SECTION 14.01 INDENTURE AND DEBT SECURITIES SOLELY
 OBLIGATIONS OF THE COMPANY
	  	 	68	  
		
	 ARTICLE FIFTEEN. MISCELLANEOUS PROVISIONS
	  	 	68	  
		
	 SECTION 15.01 PROVISIONS BINDING ON SUCCESSORS OF
 THE COMPANY
	  	 	68	  
	 SECTION 15.02 INDENTURE FOR SOLE BENEFIT OF
 PARTIES AND HOLDERS OF DEBT SECURITIES
	  	 	68	  
	 SECTION 15.03 ADDRESSES FOR NOTICES, ETC
.
	  	 	68	  
	 SECTION 15.04 NEW YORK
CONTRACT
	  	 	69	  
	 SECTION 15.05 EVIDENCE OF COMPLIANCE WITH CONDITIONS
 PRECEDENT
	  	 	69	  
	 SECTION 15.06 LEGAL
HOLIDAYS
	  	 	69	  
	 SECTION 15.07 TRUST INDENTURE ACT OF 1939
 TO CONTROL
	  	 	70	  
	 SECTION 15.08 TABLE OF CONTENTS, HEADINGS,
 ETC.
	  	 	70	  
	 SECTION 15.09 DETERMINATION OF PRINCIPAL AMOUNT

	  	 	70	  
	 SECTION 15.10 EXECUTION IN COUNTERPARTS

	  	 	70	  
	 SECTION 15.11 WAIVER OF JURY TRIAL

	  	 	70	  
	 SECTION 15.12 FORCE
MAJEURE
	  	 	71	  
		
	 Signatures
	  			

  
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Table of Contents

 CROSS REFERENCE SHEET 

Between 

Provisions of Sections 310 through 318(a) inclusive of Trust Indenture Act of 1939 and the Indenture dated as of February 5, 2009
between Harley-Davidson, Inc. and The Bank of New York Mellon Trust Company, N.A., as Trustee. 
  

					
	 Section of Act
	  	 	Section of Indenture	  
	 310(a)(1) and (2)
	  	 	8.09	  
	 310(a)(3) and (4)
	  	 	*	  
	 310(b)
	  	 	8.08 and 8.10	  
	 310(c)
	  	 	*	  
	 311(a)
	  	 	8.13	  
	 311(b)
	  	 	8.13	  
	 311(c)
	  	 	*	  
	 312(a)
	  	 	6.01 and 6.02(a)	  
	 312(b)
	  	 	6.02(b)	  
	 312(c)
	  	 	6.02(c)	  
	 313(a)(1), (2), (3), (4), (6) and (7)
	  	 	6.04(a)	  
	 313(a)(5)
	  	 	*	  
	 313(b)(1)
	  	 	*	  
	 313(b)(2)
	  	 	6.04(a)	  
	 313(c)
	  	 	6.04(a)	  
	 313(d)
	  	 	6.04(b)	  
	 314(a)(1)
	  	 	6.03	  
	 314(a)(2)
	  	 	6.03	  
	 314(a)(3)
	  	 	6.03	  
	 314(a)(4)
	  	 	6.03	  
	 314(b)
	  	 	*	  
	 314(c)(1)
	  	 	15.05	  
	 314(c)(2)
	  	 	15.05	  
	 314(c)(3)
	  	 	*	  
	 314(d)
	  	 	*	  
	 314(e)
	  	 	15.05	  
	 314(f)
	  	 	*	  
	 315(a), (c) and (d)
	  	 	8.01	  
	 315(b)
	  	 	7.08	  
	 315(e)
	  	 	7.09	  
	 316(a)(1)
	  	 	7.07	  
	 316(a)(2)
	  	 	*	  
	 316(a) last para.
	  	 	9.04	  
	 316(b)
	  	 	7.10	  
	 317(a)
	  	 	7.02	  
	 317(b)
	  	 	5.04	  
	 318(a)
	  	 	15.07	  

  

	*	Not applicable. 

	**	This cross reference sheet shall not, for any purpose, be deemed to be part of the Indenture. 

  
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 THIS INDENTURE, dated as of February 5, 2009, is between Harley-Davidson, Inc.,
a Wisconsin corporation (the “Company”), and The Bank of New York Mellon Trust Company, N.A., as trustee (the “Trustee”). 
 RECITALS OF THE COMPANY 
 The Company has duly
authorized the execution and delivery of this Indenture to provide for the issue from time to time of its unsecured debentures, notes, bonds or other evidences of indebtedness to be issued in one or more series as in this Indenture provided, up to
such principal amount or amounts as may from time to time be authorized in or pursuant to one or more resolutions of the Board of Directors. 
 All things necessary to make this Indenture a valid agreement of the Company, in accordance with its terms, have been done. 
 NOW, THEREFORE, THIS INDENTURE WITNESSETH: 
 For and in consideration of the
premises and the purchase or acceptance of the Debt Securities by the Holders thereof, it is mutually covenanted and agreed, for the equal and proportionate benefit of the respective Holders from time to time of the Debt Securities or of any series
thereof as follows: 
 ARTICLE ONE. DEFINITIONS 

SECTION 1.01 Definitions. The terms defined in this Section 1.01 (except as herein
otherwise expressly provided or unless the context otherwise requires) for all purposes of this Indenture and of any indenture supplemental hereto shall have the respective meanings specified in this Section 1.01. All other terms used in
this Indenture which are defined in the Trust Indenture Act of 1939 or which are by reference therein defined in the Securities Act of 1933, as amended, shall have (except as herein otherwise expressly provided or unless the context otherwise
requires) the meanings assigned to such terms in said Trust Indenture Act of 1939 and in said Securities Act as in force at the date of the execution of this Indenture. All accounting terms not otherwise defined herein have the meanings assigned to
them in accordance with generally accepted accounting principles and, except as otherwise herein expressly provided, the term “generally accepted accounting principles” with respect to any computation required or permitted hereunder or
under any Board Resolution or Officers’ Certificate establishing a series of Debt Securities, any indenture supplemental hereto or any Debt Security shall mean such accounting principles as are generally accepted in the United States for
domestic companies at the date of such computation as reasonably determined by the Company. All references to such terms herein shall be both to the singular or the plural, as the context so requires. 

Affiliate: 
 The term
“Affiliate”, when used with respect to any specified Person, means any other Person directly or indirectly controlling or controlled by or under direct or indirect 

Table of Contents

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

Authenticating Agent: 

The term “Authenticating Agent” shall mean the agent of the Trustee, if any, which at the time shall be appointed and acting
pursuant to Section 8.14. 
 Board of Directors: 
 The term “Board of Directors” shall mean the Board of Directors of the Company or any authorized committee of such Board of Directors designated by such Board of Directors or the by-laws or the
articles of incorporation of the Company to act for such Board of Directors for purposes of this Indenture. 
 Board Resolution:

 The term “Board Resolution” means a copy of a resolution certified by a Vice President, the Secretary or an
Assistant Secretary of the Company to have been duly adopted by the Board of Directors and to be in full force and effect on the date of such certification, and delivered to the Trustee. 
 Business Day: 
 The term “Business Day”, when used with respect to
any Place of Payment, means each Monday, Tuesday, Wednesday, Thursday and Friday which is not a day on which banking institutions in that Place of Payment are authorized or obligated by law to close. 

Capitalized Rent: 
 The
term “Capitalized Rent” means the total net amount of rent payable for the remaining term as of the date of determination thereof under a lease of Principal Property by the Company or any of its Restricted Subsidiaries, discounted from the
respective due dates thereof to such date at the rate per annum equal to the weighted average interest rate borne by the Debt Securities. The weighted average interest rate borne by the Debt Securities shall be calculated by dividing the aggregate
of the annual interest payments required on the Debt Securities, based on the amount Outstanding at the latest date any Debt Securities were issued hereunder, by the aggregate principal amount of the Debt Securities Outstanding at such date. The
total net amount of rent payable under any such lease for any period shall be the total amount of the rent payable by the lessee with respect to such period but shall not include amounts required to be paid on account of maintenance and repairs,
insurance, taxes, assessments, water rates, sewer rents and similar charges and contingent rents such as those based on sales. The remaining term 

  
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under any lease shall be calculated without giving effect to any unexercised option of the lessee for the renewal or extension of any term. In the case of any lease which is terminable by the
lessee upon the payment of a penalty, such net amount shall also include the amount of such penalty, but no rent shall be considered as required to be paid under such lease subsequent to the first date upon which it may be so terminated. 

Company: 
 The term
“Company” shall mean Harley-Davidson, Inc., a Wisconsin corporation, and, subject to Article Twelve, shall include its successors and assigns. 
 Company Request and Company Order: 
 The terms “Company Request”
and “Company Order” mean, respectively, a written request or order signed in the name of the Company by its Chairman of the Board, Vice Chairman of the Board, President or a Vice President, and by its Treasurer, Secretary, Assistant
Secretary or Assistant Treasurer, and delivered to the Trustee. 
 Consolidated Current Liabilities: 

The term “Consolidated Current Liabilities” means the aggregate of the current liabilities of the Company and its Consolidated
Subsidiaries (excluding billings on uncompleted contracts in excess of related costs and profits) appearing on the most recent available consolidated balance sheet of the Company and its Consolidated Subsidiaries, all in accordance with generally
accepted accounting principles; provided, however, that in no event shall Consolidated Current Liabilities include any obligation of the Company or its Consolidated Subsidiaries issued under a revolving credit or similar agreement if
the obligation issued under such agreement matures by its terms within 12 months from the date thereof but by the terms of such agreement such obligation may be renewed or extended or the amount thereof reborrowed or refunded at the option of the
Company or any Consolidated Subsidiary for a term in excess of 12 months from the date of determination. 
 Consolidated Net Tangible Assets:

 The term “Consolidated Net Tangible Assets” means Consolidated Tangible Assets after deduction of Consolidated
Current Liabilities. 
 Consolidated Subsidiary 
 The term “Consolidated Subsidiary” shall mean, as to any Person, each Subsidiary of such Person (whether now existing or hereafter created or acquired) the financial statements of which shall be
(or should have been) consolidated with the financial statements of such Person in accordance with generally accepted accounting principles. 

  
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 Consolidated Tangible Assets: 

The term “Consolidated Tangible Assets” means the aggregate of all assets of the Company and its Consolidated Subsidiaries
(including the value of all existing Sale and Leaseback Transactions (as defined in Section 5.06) and any assets resulting from the capitalization of other long-term lease obligations in accordance with generally accepted accounting
principles) appearing on the most recent available consolidated balance sheet of the Company and its Consolidated Subsidiaries at their net book values, after deducting related depreciation, amortization and other valuation reserves, and excluding
patent, trademark and copyright rights, goodwill and other like intangible items, all in accordance with generally accepted accounting principles. 
 Conversion Date: 
 The term “Conversion Date” shall have the
meaning set forth in Section 3.11. 
 Corporate Trust Office: 

The term “Corporate Trust Office” means the principal office of the Trustee at which at any time its corporate trust business
shall be administered, which office at the date hereof is located at 2 N. LaSalle Street, Suite 1020, Chicago, Illinois 60602, or such other address as the Trustee may designate from time to time by notice to the Holders and the Company, or the
principal corporate trust office of any successor Trustee (or such other address as such successor Trustee may designate from time to time by notice to the Holders and the Company). 
 Currency Determination Agent: 
 The term “Currency Determination
Agent” shall mean the financial institution, if any, from time to time selected by the Company for purposes of Section 3.11. In no event shall the Trustee be Currency Determination Agent. 

Debt Security or Debt Securities: 
 The terms “Debt Security” or “Debt Securities” shall mean any unsecured notes, debentures or other indebtedness of any series, as the case may be, issued by the Company from time to
time, and authenticated and delivered under this Indenture. 
 Debt Security Register: 

The term “Debt Security Register” shall have the meaning set forth in Section 3.06. 

  
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 Depository: 
 The term “Depository” shall mean, unless otherwise specified by the Company pursuant to Section 3.01, with respect to Debt Securities of any series issuable or issued as a Global
Debt Security, The Depository Trust Company, New York, New York, or any successor thereto registered as a clearing agency pursuant to the provisions of Section 17A of the Securities Exchange Act of 1934, as amended, or other applicable statute
or regulation. 
 Dollar: 
 The term “Dollar” shall mean the coin or currency of the United States of America which as of the time of payment is legal tender for the payment of public and private debts. 

Dollar Equivalent of the Foreign Currency: 
 The term “Dollar Equivalent of the Foreign Currency” shall have the meaning set forth in Section 3.11. 
 Event of Default: 
 The term “Event of Default” shall mean any
event specified in Section 7.01, continued for the period of time, if any, and after the giving of the notice, if any, therein designated. 
 Foreign Currency: 
 The term “Foreign Currency” shall mean a
currency issued by the government of any country other than the United States of America. 
 Funded Debt: 

The term “Funded Debt” means all indebtedness for money borrowed having a maturity of more than twelve months from the date of
the most recent consolidated balance sheet of the Company and its Consolidated Subsidiaries or renewable and extendible beyond twelve months at the option of the borrower and all obligations in respect of lease rentals which under generally accepted
accounting principles would be shown on a consolidated balance sheet of the Company as a liability item other than a current liability; provided, however, that Funded Debt shall not include any of the foregoing to the extent that such
indebtedness or obligations are not required by generally accepted accounting principles to be shown on the consolidated balance sheet of the Company. 

  
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 Global Debt Security: 
 The term “Global Debt Security” means a Debt Security issued to evidence all or part of a series of Debt Securities. 
 Government Obligations: 
 The term “Government Obligations” means
securities which are (i) direct obligations of the government which issued the currency in which the Debt Securities of a series are denominated or (ii) obligations of a person controlled or supervised by and acting as an agency or
instrumentality of the government which issued the currency in which the Debt Securities of such series are denominated, the payment of which obligations is unconditionally guaranteed by such government, and which, in either case, are full faith and
credit obligations of such government, are denominated in the currency in which the Debt Securities of such series are denominated and which are not callable or redeemable at the option of the issuer thereof and shall also include a depository
receipt issued by a bank or trust company as custodian with respect to any such Government Obligation or a specific payment of interest on or principal of or other amount with respect to any such Government Obligation held by such custodian for the
account of the holder of a depository receipt, provided that (except as required by law) such custodian is not authorized to make any deduction from the amount payable to the holder of such depository receipt from any amount received by the
custodian in respect of the Government Obligation or the specific payment of interest on or principal of or other amount with respect to the Government Obligation evidenced by such depository receipt. 

Holder: 
 The term
“Holder” means any Person in whose name a Debt Security of any series is registered in the Debt Security Register applicable to Debt Securities of such series. 
 Indenture: 
 The term “Indenture” shall mean this instrument as
originally executed or, if amended or supplemented as herein provided, as so amended or supplemented, pursuant to the applicable provisions hereof. 
 Indexed Debt Security 
 The term “Indexed Debt Security” means a
Debt Security the terms of which provide that the principal amount thereof payable at Stated Maturity may be more or less than the principal face amount thereof at original issuance. 

  
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 Interest: 
 The term “interest”, when used with respect to an Original Issue Discount Debt Security which by its terms bears interest only after maturity, means interest payable after maturity. 

Interest Payment Date: 

The term “Interest Payment Date”, when used with respect to any series of Debt Securities, means the Stated Maturity of an
installment of interest on such Debt Securities. 
 Market Exchange Rate: 

The term “Market Exchange Rate” shall have the meaning set forth in Section 3.11. 

Officers’ Certificate: 
 The term “Officers’ Certificate”, when used with respect to the Company, shall mean a certificate signed by its Chairman of the Board, Vice Chairman of the Board, President, or a Vice
President and by its Treasurer, Secretary, Assistant Secretary or Assistant Treasurer and delivered to the Trustee. Each such certificate shall include the statements provided for in Section 15.05 to the extent required by the provisions
of such Section. 
 Opinion of Counsel: 
 The term “Opinion of Counsel” shall mean an opinion in writing signed by legal counsel who may be an employee of or counsel to the Company. Each such opinion shall be reasonably acceptable to
the Trustee and shall include the statements provided for in Section 3.04 and Section 15.05 to the extent required by the provisions of such Sections. 
 Original Issue Discount Debt Security: 
 The term “Original Issue
Discount Debt Security” means any Debt Security which provides for an amount less than the principal amount thereof to be due and payable upon a declaration of acceleration of the maturity thereof pursuant to Section 7.01.

 Outstanding: 

The term “Outstanding”, when used with respect to Debt Securities or Debt Securities of any series, means, as of the date of
determination, all such Debt Securities theretofore authenticated and delivered under this Indenture, except: 
  

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

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

 

	 	(iii)	such Debt Securities in exchange for or in lieu of which other such Debt Securities have been authenticated and delivered pursuant to this Indenture, or such Debt
Securities which have been paid, pursuant to this Indenture, unless proof satisfactory to the Trustee is presented that any such Debt Securities are held by Persons in whose hands any of such Debt Securities are a legal, valid and binding obligation
of the Company; and 

  

	 	(iv)	such Debt Securities the indebtedness in respect to which has been discharged in accordance with Section 13.01; 

provided, however, that in determining whether the Holders of the requisite principal amount of such Outstanding Debt Securities have given
any request, demand, authorization, direction, notice, consent or waiver hereunder, such Debt Securities owned by the Company or any other obligor upon such Debt Securities or any Affiliate of the Company or such other obligor shall be disregarded
and deemed not to be Outstanding, except that, in determining whether the Trustee shall be protected in relying upon any such request, demand, authorization, direction, notice, consent or waiver, only such Debt Securities which a Responsible Officer
of the Trustee actually knows to be so owned shall be so disregarded. Such Debt Securities so owned which have been pledged in good faith may be regarded as Outstanding if the pledgee establishes to the satisfaction of the Trustee the pledgee’s
right so to act with respect to such Debt Securities and that the pledgee is not the Company or any other such obligor upon such Debt Securities or any Affiliate of the Company or such other obligor. In case of a dispute as to such right, the
decision of the Trustee upon the advice of counsel shall be full protection to the Trustee. Upon request of the Trustee, the Company shall furnish to the Trustee promptly an Officers’ Certificate listing and identifying all such Debt
Securities, if any, known by the Company to be owned or held by or for the account of any of the above described Persons; and, subject to the provisions of Section 8.01, the Trustee shall be entitled to accept such Officers’
Certificate as conclusive evidence of the facts therein set forth and of the fact that all such Debt Securities not listed therein are Outstanding for the purpose of any such determination. 
 Permitted Receivables Financing: 
 The term “Permitted Receivables
Financing” means any financing pursuant to which the Company or any Subsidiary or Subsidiaries of the Company may sell, convey or otherwise transfer, directly or indirectly, to a Receivables Subsidiary or any other Person, or

  
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grant a Security Interest in, any accounts receivable, general intangibles, chattel paper or other financial assets (and related rights and assets) of the Company or such Subsidiary or
Subsidiaries, provided that such financing shall be with limited or no recourse to the Company and its Subsidiaries (other than the Receivables Subsidiary) except to the extent customary (in the reasonable judgment of the Company) for such
transactions. 
 Person: 
 The term “Person” means any individual, corporation, partnership, limited liability company, joint venture, association, joint-stock company, trust, unincorporated organization or government or
any agency or political subdivision thereof. 
 Place of Payment: 

The term “Place of Payment”, when used with respect to the Debt Securities of any series, means the place or places where the
principal of (and premium, if any) and interest on the Debt Securities of that series are payable as specified in accordance with Section 3.01. 
 Predecessor Debt Security: 
 The term “Predecessor Debt Security”
of any particular Debt Security means every previous Debt Security evidencing all or a portion of the same debt as that evidenced by such particular Debt Security, and for the purposes of this definition, any Debt Security authenticated and
delivered under Section 3.07 in lieu of a mutilated, lost, destroyed or stolen Debt Security shall be deemed to evidence the same debt as the mutilated, lost, destroyed or stolen Debt Security. 

Principal Property: 
 The
term “Principal Property” means any manufacturing plant or similar facility (including associated fixtures but excluding leases and other contract rights which might otherwise be deemed real property) owned by the Company or any Restricted
Subsidiary, whether owned on the date hereof or thereafter, provided each such plant or similar facility has a gross book value (without deduction for any depreciation reserves) at the date as of which the determination is being made of in excess of
one percent of the Consolidated Net Tangible Assets of the Company and its Consolidated Subsidiaries and is located in the United States of America, Canada or the Commonwealth of Puerto Rico, other than any such plant or similar facility or portion
thereof which, in the opinion of the Board of Directors (evidenced by a certified Board Resolution thereof delivered to the Trustee), is not of material importance to the business conducted by the Company and its Consolidated Subsidiaries taken as a
whole. 

  
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 Receivables Subsidiary: 
 The term “Receivables Subsidiary” means a bankruptcy remote, special purpose wholly owned Subsidiary of the Company (or another wholly-owned Subsidiary of the Company) formed in connection with
a Permitted Receivables Financing. 
 Redemption Date: 
 The term “Redemption Date”, when used with respect to any Debt Security to be redeemed, means the date fixed for such redemption by or pursuant to this Indenture. 

Redemption Price: 
 The
term “Redemption Price”, when used with respect to any Debt Security to be redeemed, means the price specified in such Debt Security at which it is to be redeemed pursuant to this Indenture. 

Regular Record Date: 

The term “Regular Record Date” for the interest payable on any Debt Security on any Interest Payment Date means the date
specified in such Debt Security as the “Regular Record Date” as contemplated by Section 3.01. 
 Responsible Officer:

 The term “Responsible Officer”, when used with respect to the Trustee, means any vice president, assistant vice
president, any assistant treasurer, any trust officer or assistant trust officer or any other officer of the Trustee customarily performing functions similar to those performed by any of the above designated officers or, with respect to a particular
trust matter, to whom such matter is referred because of such officer’s knowledge of and familiarity with the particular subject and who shall have direct responsibility for the administration of this Indenture. 

Restricted Subsidiary: 

The term “Restricted Subsidiary” means any Subsidiary of the Company that is not an Unrestricted Subsidiary. 

Secured Debt: 
 The term
“Secured Debt” means indebtedness for money borrowed which is secured by a Security Interest in (a) any Principal Property or (b) any shares of capital stock or indebtedness of any Restricted Subsidiary. 

  
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 Security Interest: 
 The term “Security Interest” shall mean any mortgage, pledge, lien, encumbrance, conditional sale agreement, title retention agreement (excluding an operating lease) or other security interest
which secures payment or performance of an obligation. 
 Special Record Date: 

The term “Special Record Date” for the payment of any Defaulted Interest (as defined in Section 3.08) means a date
fixed by the Trustee pursuant to Section 3.08. 
 Stated Maturity: 

The term “Stated Maturity” when used with respect to any Debt Security or any installment of principal thereof or of interest
thereon, means the date specified in such Debt Security as the fixed date on which the principal of such Debt Security, or such installment of interest, is due and payable. 
 Subsidiary: 
 The term “Subsidiary” means any Person of which the
Company, or the Company and one or more Subsidiaries, or any one or more Subsidiaries, directly or indirectly own more than 50% of the Voting Stock. 
 Trustee: 
 The term “Trustee” shall mean The Bank of New York
Mellon Trust Company, N.A. and, subject to the provisions of Article Eight hereof, shall also include its successors and assigns as Trustee hereunder. 
 Trust Indenture Act of 1939: 
 The term “Trust Indenture Act of
1939” means the Trust Indenture Act of 1939, as amended, as in force at the date as of which this Indenture was executed; provided, however, that in the event the Trust Indenture Act of 1939 is amended after such date, “Trust
Indenture Act of 1939” means to the extent required by any such amendment, the Trust Indenture Act of 1939 as so amended. 

Unrestricted Subsidiary: 

The term “Unrestricted Subsidiary” means (a) any Subsidiary of the Company that at the time of determination shall be
designated an Unrestricted Subsidiary by the Board of Directors (provided, however, that any Subsidiary of the Company having, as of the end of the Company’s most recently completed fiscal year, (i) assets with a gross book
value in excess of 10% of the total gross book value of the assets of the Company and its Subsidiaries taken as a whole, or (ii) gross revenue in excess of 10% of the total gross revenue of the Company and its Subsidiaries taken as a whole, may
not be designated as an Unrestricted Subsidiary hereunder); and (b) any Subsidiary of an Unrestricted Subsidiary. 

  
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 Valuation Date: 
 The term “Valuation Date” shall have the meaning set forth in Section 3.11. 

Voting Stock: 
 The term
“Voting Stock” means outstanding shares of capital stock or similar equity interests having under ordinary circumstances voting power for the election of directors, managers or the substantial equivalent thereof whether at all times or
only so long as no senior class of stock or similar equity interest has such voting power by reason of the happening of any contingency. 
 ARTICLE TWO. DEBT SECURITY FORMS 
 
SECTION 2.01 Forms Generally. The Debt Securities of each series and the certificates of authentication thereon shall have such appropriate insertions, omissions, substitutions and other variations as are required or permitted by this
Indenture (the provisions of which shall be appropriate to reflect the terms of each series of Debt Securities, including the currency or denomination, which may be Dollars or Foreign Currency), and may have such letters, numbers or other marks of
identification and such legends or endorsements placed thereon, as may be required to comply with the rules of any securities exchange, or as may, consistently herewith, be determined by the officers executing such Debt Securities, as evidenced by
their signing of such Debt Securities. Any portion of the text of any Debt Security may be set forth on the reverse thereof, with an appropriate reference thereto on the face of the Debt Security. The definitive Debt Securities shall be printed,
lithographed or engraved or produced by any combination of these methods or may be produced in any other manner permitted by the rules of any securities exchange, all as determined by the officers executing such Debt Securities, as evidenced by
their signing of such Debt Securities. 
 SECTION 2.02 Forms of Debt Securities. The Debt
Securities of each series shall be in such form or forms (including global form) as shall be established by or pursuant to a Board Resolution. Prior to the delivery of a Debt Security of any series in any such form to the Trustee for the Debt
Securities of such series for authentication, the Company shall deliver to the Trustee the following: 
 (a) The
Board Resolution by or pursuant to which such form of Debt Security has been approved; 
 (b) An Officers’
Certificate dated the date such Certificate is delivered to the Trustee stating that all conditions precedent provided for in this Indenture relating to the authentication and delivery of Debt Securities in such form have been complied with; and

  
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 (c) An Opinion of Counsel stating that Debt Securities in such form,
together with any coupons appertaining thereto, when (a) completed by appropriate insertions and executed and delivered by the Company to the Trustee for authentication in accordance with this Indenture, (b) authenticated and delivered by
such Trustee in accordance with this Indenture within the authorization as to aggregate principal amount established from time to time by the Board of Directors, and (c) sold in the manner specified in such Opinion of Counsel, will be the
legal, valid and binding obligations of the Company, subject to applicable bankruptcy, reorganization, insolvency and other similar laws generally affecting creditors’ rights, to general equitable principles and to such other qualifications as
such counsel shall conclude do not materially affect the rights of Holders of such Debt Securities. 
 The definitive Debt Securities and
coupons, if any, shall be printed, lithographed or engraved or produced by any combination of these methods or may be produced in any other manner, all as determined by the officers executing such Debt Securities or coupons, as evidenced by their
execution thereof. 
 SECTION 2.03 Form of Trustee’s Certificate of Authentication. The
following is the form of the Certificate of Authentication of the Trustee to be endorsed on the face of all Debt Securities substantially as follows: 
 This is one of the Debt Securities of the series designated herein issued under the within-mentioned Indenture. 

 

					
	 THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A.,
 as Trustee

		
	Dated:	 	
			
	By	 	 	 	
		 	Authorized Signatory	 	

 SECTION 2.04 Debt Securities in Global Form. 

(a) If the Company shall establish pursuant to Section 3.01 that the Debt Securities of a particular series
are to be issued in whole or in part in the form of one or more Global Debt Securities, then the Company shall execute and the Trustee or its agent shall, in accordance with Section 3.04 and the Company Order delivered to the Trustee or
its agent thereunder, authenticate and deliver such Global Debt Security or Global Debt Securities, which (i) shall represent, and shall be denominated in an amount equal to the aggregate principal amount of, the Outstanding Debt Securities of
such series to be represented by such Global Debt Security or Global Debt Securities, or such portion thereof as the Company shall specify in a Company Order, (ii) shall be registered in the name of the Depository for such Global Debt Security
or Global Debt Securities or its nominee, (iii) shall be delivered by the Trustee or its agent to the Depository or pursuant to the 

  
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Depository’s instruction and (iv) shall bear a legend substantially to the following effect: “Unless this certificate is presented by an authorized representative of the Depository
to the Company or its agent for registration of transfer, exchange, or payment, and any certificate issued is registered in the name of the nominee of the Depository or in such other name as is requested by an authorized representative of the
Depository (and any payment is made to the nominee of the Depository or to such other entity as is requested by an authorized representative of the Depository), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS
WRONGFUL inasmuch as the registered owner hereof, the nominee of the Depository, has an interest herein.” 

(b) Notwithstanding any other provision of this Section 2.04 or of Section 3.06, and subject to
the provisions of paragraph (c) below, unless the terms of a Global Debt Security expressly permit such Global Debt Security to be exchanged in whole or in part for individual certificates representing Debt Securities, a Global Debt
Security may be transferred, in whole but not in part and in the manner provided in Section 3.06, only to a nominee of the Depository for such Global Debt Security, or to the Depository, or a successor Depository for such Global Debt
Security selected or approved by the Company, or to a nominee of such successor Depository. 
 (c) (1) If at any
time the Depository for a Global Debt Security notifies the Company that it is unwilling or unable to continue as Depository for such Global Debt Security or if at any time the Depository for the Global Debt Securities for such series shall no
longer be eligible or in good standing under the Securities Exchange Act of 1934, as amended, or other applicable statute or regulation, the Company shall appoint a successor Depository with respect to such Global Debt Security. If a successor
Depository for such Global Debt Security is not appointed by the Company within 90 days after the Company receives notice or becomes aware of such ineligibility, the Company will execute, and the Trustee or its agent, upon receipt of a Company
Request for the authentication and delivery of certificates representing Debt Securities of such series in exchange for such Global Debt Security, will authenticate and deliver, certificates representing Debt Securities of such series of like tenor
and terms in an aggregate principal amount equal to the principal amount of the Global Debt Security in exchange for such Global Debt Security. 
 (2) The Company may at any time and in its sole discretion determine that the Debt Securities of any series or portion thereof issued or issuable in the form of one or more Global Debt Securities shall no
longer be represented by such Global Debt Security or Global Debt Securities. In such event the Company will execute, and the Trustee, upon receipt of a Company Request for the authentication and delivery of certificates representing Debt Securities
of such series in exchange in whole or in part for such Global Debt Security, will authenticate and deliver certificates representing Debt Securities of such series of like tenor and terms in definitive form in an aggregate principal amount equal to
the principal amount of such Global Debt Security or Global Debt Securities representing such series or portion thereof in exchange for such Global Debt Security or Global Debt Securities. 

  
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 (3) If specified by the Company pursuant to Section 3.01 with
respect to Debt Securities issued or issuable in the form of a Global Debt Security, the Depository for such Global Debt Security may surrender such Global Debt Security in exchange in whole or in part for certificates representing Debt Securities
of such series of like tenor and terms in definitive form on such terms as are acceptable to the Company and such Depository. Thereupon the Company shall execute, and the Trustee or its agent shall authenticate and deliver, without a service charge,
(1) to each Holder specified by the Debt Security registrar (as defined in Section 3.06) or the Depository a certificate or certificates representing Debt Securities of the same series of like tenor and terms and of any authorized
denomination as requested by such person in an aggregate principal amount equal to and in exchange for such Holder’s beneficial interest as specified by the Debt Security registrar or the Depository in the Global Debt Security; and (2) to
such Depository a new Global Debt Security of like tenor and terms and in an authorized denomination equal to the difference, if any, between the principal amount of the surrendered Global Debt Security and the aggregate principal amount of
certificates representing Debt Securities delivered to Holders thereof. 
 (4) In any exchange provided for in
any of the preceding three paragraphs, the Company will execute and the Trustee or its agent will authenticate and deliver certificates representing Debt Securities in definitive registered form in authorized denominations for Debt Securities of the
same series or any integral multiple thereof. Upon the exchange of the entire principal amount of a Global Debt Security for certificates representing Debt Securities, such Global Debt Security shall be cancelled by the Trustee or its agent. Except
as provided in the preceding paragraph, certificates representing Debt Securities issued in exchange for a Global Debt Security pursuant to this Section shall be registered in such names and in such authorized denominations for Debt Securities of
that series or any integral multiple thereof, as the Debt Security registrar (as defined in Section 3.06) or Depository shall instruct the Trustee or its agent. The Trustee or the Debt Security registrar shall deliver at its trust office
such certificates representing Debt Securities to the Holders in whose names such Debt Securities are so registered. 
 
ARTICLE THREE. THE DEBT SECURITIES 
 SECTION 3.01 Title and Terms. The aggregate
principal amount of Debt Securities which may be authenticated and delivered under this Indenture is unlimited. The Debt Securities may be issued up to the aggregate principal amount of Debt Securities from time to time authorized by or pursuant to
a Board Resolution. The Debt Securities may be issued in one or more series. All Debt Securities of each series issued under this Indenture shall in all respects be equally and ratably entitled to the benefits hereof with respect to such series
without preference, priority or distinction on account of the actual time or times of the authentication and delivery or maturity of the Debt Securities of such series. 

  
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 There shall be established in or pursuant to a Board Resolution, and set forth in an Officers’
Certificate to the extent not established in a Board Resolution, or established in one or more indentures supplemental hereto, prior to the issuance of Debt Securities of any series: 

(a) the title of the Debt Securities of the series (which shall distinguish the Debt Securities of the series from all
other series of Debt Securities); 
 (b) any limit upon the aggregate principal amount of the Debt Securities of
the series which may be authenticated and delivered under this Indenture (except for Debt Securities authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Debt Securities of that series pursuant to
this Article Three, the second paragraph of Section 4.03, or Section 11.04); 

(c) the date or dates (or the manner of calculation thereof) on which the principal of the Debt Securities of the series
is payable; 
 (d) the rate or rates (or the manner of calculation thereof) at which the Debt Securities of the
series shall bear interest, if any, the date or dates from which such interest shall accrue, the Interest Payment Dates on which such interest shall be payable and the Regular Record Date for the interest payable on any Interest Payment Date;

 (e) the Place of Payment; 

(f) the period or periods within which, the price or prices at which, the currency or currency units in which, and the
terms and conditions upon which Debt Securities of the series may be redeemed, in whole or in part, at the option of the Company; 
 (g) the obligation, if any, of the Company to redeem or purchase Debt Securities of the series pursuant to any sinking fund or analogous provisions or at the option of a Holder thereof and the period or
periods within which, the price or prices in the currency at which, the currency or currency units in which, and the terms and conditions upon which Debt Securities of the series shall be redeemed or purchased, in whole or in part, pursuant to such
obligation; 
 (h) the denominations in which the Debt Securities of such series shall be issuable if other than
denominations of $1,000 and any integral multiple thereof; 
 (i) if other than Dollars, the currencies in which
payments of interest or principal of (and premium, if any, with respect to) the Debt Securities of the series are to be made; 
 (j) if the interest on or principal of (or premium, if any, with respect to) the Debt Securities of the series are to be payable, at the election of the Company or a Holder thereof or otherwise, in a
currency other than that in which such Debt Securities are payable, the period or periods within which, and the other terms and conditions upon which, such election may be made, and the time and manner of determining the exchange rate between the
currency in such Debt Securities are denominated or stated to be payable and the currency in which such Debt Securities or any of them are to be so payable; 

  
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 (k) whether the amount of payments of interest on or principal of (or
premium, if any, with respect to) the Debt Securities of such series may be determined with reference to an index, formula or other method (which index, formula or method or method may be based, without limitation, on one or more currencies,
commodities, equity indices or other indices), and, if so, the terms and conditions upon which and the manner in which such amounts shall be determined and paid or payable; 

(l) the extent to which any Debt Securities will be issuable in permanent global form, the manner in which any payments
on a permanent global Debt Security will be made, and the appointment of any Depository relating thereto; 
 (m)
any deletions from, modifications of or additions to the Events of Default or covenants with respect to the Debt Securities of such series, whether or not such Events of Default or covenants are consistent with the Events of Default or covenants set
forth herein; 
 (n) if any of the Debt Securities of such series are to be issuable upon the exercise of
warrants, this shall be so established as well as the time, manner and place for such Debt Securities to be authenticated and delivered; 
 (o) if applicable, the terms of any right to convert the Debt Securities of such series into, or exchange such Debt Securities for, shares of common stock of the Company or other securities or property or
cash in lieu of such common stock or other securities or property, or any combination thereof, and any corresponding changes to the provisions of this Indenture as then in effect with respect to such series; and 

(p) any other terms of the series (which terms shall not be inconsistent with the provisions of this Indenture).

 All Debt Securities of any one series shall be substantially identical except as to denomination and except as may otherwise be provided in
or pursuant to such Board Resolution and set forth in such Officers’ Certificate or in any such indenture supplemental hereto. 
 SECTION 3.02 Denominations. The Debt Securities of each series shall be issuable in registered form without coupons in such denominations as shall be specified as
contemplated in Section 3.01. In the absence of any specification with respect to the Debt Securities of any series, the Debt Securities of such series shall be issuable in denominations of $1,000 and any integral multiple thereof, which
may be in Dollars or any Foreign Currency. 

  
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 SECTION 3.03 Payment of Principal and Interest. The
principal of, premium, if any, and interest on the Debt Securities shall be payable at the office or agency of the Company designated for that purpose in the Place of Payment, as provided in Section 5.02; provided, however,
that interest may be payable at the option of the Company by check mailed to the address of the Person entitled thereto as such address shall appear on the Debt Security Register on the Regular Record Date for such interest payment. 

SECTION 3.04 Execution of Debt Securities. The Debt Securities shall be executed manually or by
facsimile in the name and on behalf of the Company by its Chairman of the Board of Directors, its President, one of its Vice Presidents or its Treasurer and by its Secretary or one of its Assistant Secretaries. Only such Debt Securities as shall
bear thereon a certificate of authentication substantially in the form hereinbefore recited, manually executed by the Trustee, shall be entitled to the benefits of this Indenture or be valid or become obligatory for any purpose. Such certificate by
the Trustee upon any Debt Security executed by the Company shall be conclusive evidence that the Debt Security so authenticated has been duly authenticated and delivered hereunder and that the Holder is entitled to the benefits of this Indenture.
Unless otherwise provided in the form of Debt Security for any series, all Debt Securities shall be dated the date of their authentication. 
 In case any officer of the Company who shall have executed any of the Debt Securities shall cease to be such officer before the Debt Securities so executed shall have been authenticated and delivered by
the Trustee, or disposed of by the Company, such Debt Securities nevertheless shall be valid and binding and may be authenticated and delivered or disposed of as though the Person who executed such Debt Securities had not ceased to be such officer
of the Company; and any Debt Securities may be executed on behalf of the Company by such Persons as, at the actual date of the execution of such Debt Security, shall be the proper officers of the Company, although at the date of such Debt Security
or of the execution of this Indenture any such Person was not such an officer. 
 At any time and from time to time after the
execution and delivery of this Indenture, the Company may deliver Debt Securities of any series, properly created in accordance with Section 3.01 and executed by the Company, to the Trustee for authentication; and the Trustee shall
authenticate and deliver such Debt Securities upon Company Order. In the event that any other Person performs the Trustee’s duties as Authenticating Agent pursuant to a duly executed agreement, the Company shall notify the Trustee in writing of
the issuance of any Debt Securities hereunder, such notice to be delivered in accordance with the provisions of Section 15.03 on the date such Debt Securities are delivered by the Company for authentication to such other Person.

 Prior to any such authentication and delivery, the Trustee shall be provided with, and shall be fully protected in relying
upon, in addition to the Opinion of Counsel to be furnished to the Trustee pursuant to Section 15.05 and the Officers’ Certificate relating to the issuance of any series of Debt Securities pursuant to Sections 15.05 and
3.01, Opinions of Counsel stating that: 
 (1) all instruments furnished to the Trustee conform to the
requirements of this Indenture and constitute sufficient authority hereunder for the Trustee to authenticate and deliver such Debt Securities; 

  
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 (2) all laws and requirements with respect to the form and execution by the
Company of the supplemental indenture, if any, have been complied with, the execution and delivery of the supplemental indenture, if any, will not violate the terms of this Indenture, the supplemental indenture has been duly qualified under the
Trust Indenture Act of 1939, the Company has legal power to execute and deliver any such supplemental indenture and has taken all necessary entity action for those purposes and any such supplemental indenture has been executed and delivered and
constitutes the legal, valid and binding obligation of the Company enforceable in accordance with its terms (subject, as to enforcement of remedies, to applicable bankruptcy, reorganization, insolvency, moratorium or other laws affecting
creditors’ rights generally from time to time in effect); 
 (3) the form and terms of such Debt Securities
have been established in conformity with the provisions of this Indenture; 
 (4) all laws and requirements with
respect to the execution and delivery by the Company of such Debt Securities have been complied with, the authentication and delivery of the Debt Securities by the Trustee will not violate the terms of this Indenture, the Company has the legal power
to issue such Debt Securities and such Debt Securities, assuming due authentication and delivery by the Trustee, constitute legal, valid and binding obligations of the Company in accordance with their terms (subject, as to enforcement of remedies,
to applicable bankruptcy, reorganization, insolvency, moratorium or other laws affecting creditors’ rights generally from time to time in effect) and are entitled to the benefits of this Indenture, equally and ratably with all other Outstanding
Debt Securities, if any, of such series; and 
 (5) such other matters as the Trustee may reasonably request. 

The Trustee shall not be required to authenticate such Debt Securities if the issue thereof will adversely affect the Trustee’s own
rights, duties or immunities under the Debt Securities and this Indenture or otherwise in a manner which is not reasonably acceptable to the Trustee or such action would expose the Trustee to personal liability to existing Holders. 

No Debt Security shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless there appears on
such Debt Security a certificate of authentication substantially in the form provided for herein executed by the Trustee by manual signature, and such certificate upon any Debt Security shall be conclusive evidence, and the only evidence, that such
Debt Security has been duly authenticated and delivered hereunder. 

  
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 SECTION 3.05 Temporary Debt Securities. Pending the
preparation of definitive Debt Securities of any series, the Company may execute, and upon receipt of the documents required by Sections 2.02, 3.01 and 3.04, together with a Company Order, the Trustee shall authenticate and
deliver, such temporary Debt Securities which may be printed, lithographed, typewritten, mimeographed or otherwise produced, in any authorized denominations, substantially of the tenor of such definitive Debt Securities in lieu of which they are
issued and with such appropriate insertions, omissions, substitutions and other variations as the officers executing such temporary Debt Securities may determine, as evidenced by their execution of such temporary Debt Securities. 

If temporary Debt Securities of any series are issued, the Company will cause definitive Debt Securities of such series to be prepared
without unreasonable delay. After the preparation of definitive Debt Securities of any series, the temporary Debt Securities of such series shall be exchangeable for definitive Debt Securities of such series, upon surrender of the temporary Debt
Securities of such series at any office or agency maintained by the Company for such purposes as provided in Section 5.02, without charge to the Holder. Upon surrender for cancellation of any one or more temporary Debt Securities of any
series, the Company shall execute and the Trustee shall authenticate and deliver in exchange therefore a like principal amount of definitive Debt Securities of such series having the same interest rate and Stated Maturity and bearing interest from
the same date of any authorized denominations. Until so exchanged the temporary Debt Securities of such series shall in all respects be entitled to the same benefits under this Indenture as definitive Debt Securities of such series. 

SECTION 3.06 Exchange and Registration of Transfer of Debt Securities. Debt Securities may be
exchanged for a like aggregate principal amount of Debt Securities of such series that are of other authorized denominations. Debt Securities to be exchanged shall be surrendered at any office or agency to be maintained for such purpose by the
Company, as provided in Section 5.02, and the Company shall execute and the Trustee shall authenticate and deliver in exchange therefore the Debt Security or Debt Securities of authorized denominations which the Debt Security Holder
making the exchange shall be entitled to receive. Each agent of the Company appointed pursuant to Section 5.02 as a person authorized to register, and register transfer of, Debt Securities is sometimes herein referred to as a
“Debt Security registrar.” 
 The Company shall keep, at each such office or agency of the Company maintained
for such purpose, as provided in Section 5.02, a register for each series of Debt Securities hereunder (the registers of all Debt Security registrars being herein sometimes collectively referred to as the “Debt Security
Register”) in which, subject to such reasonable regulations as it may prescribe, the Company shall provide for the registration of Debt Securities and shall register the transfer of Debt Securities as in this Article Three provided.
At all reasonable times, such Debt Security Register shall be open for inspection by the Trustee and any Debt Security registrar other than the Trustee. Upon due presentment for registration of transfer of any Debt Security at any such office or
agency, the Company shall execute and register and the Trustee shall authenticate and deliver in the name of the transferee or transferees a new Debt Security or Debt Securities of authorized denominations for an equal aggregate principal amount.
Registration or registration of transfer of any Debt Security by any Debt Security registrar in the registry books maintained by such Debt Security registrar, and delivery of such Debt Security, duly authenticated, shall be deemed to complete the
registration or registration of transfer of such Debt Security. 

  
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 The Trustee shall act as the repository of a master list of names and addresses of Holders
of the Debt Securities unless and until some other Person is, by written notice from the Company to the Trustee and each Debt Security registrar, designated by the Company to act as such. The Company shall cause each Debt Security registrar to
furnish to such repository, on a current basis, such information as such repository may reasonably request as to registrations, transfers, exchanges and other transactions effected by such registrar, as may be necessary or advisable to enable such
repository to maintain such master list on as current a basis as is reasonably practicable. 
 No Person shall at any time be
appointed as or act as a Debt Security registrar unless such Person is at such time empowered under applicable law to act as such and duly registered to act as such under and to the extent required by applicable law and regulations. 

All Debt Securities presented to a Debt Security registrar for registration of transfer shall be duly endorsed by, or be accompanied by a
written instrument or instruments of transfer in form satisfactory to the Company and such Debt Security registrar duly executed by, the registered Holder or such Holder’s attorney duly authorized in writing. 

No service charge shall be made for any exchange or registration of transfer of Debt Securities, but the Company may require payment of a
sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. 
 The Company shall
not be required to issue, exchange or register a transfer of (a) any Debt Securities of any series for a period of 15 days next preceding the mailing of a notice of redemption of Debt Securities of such series and ending at the close of
business on the day of the mailing of a notice of redemption of Debt Securities of such series so selected for redemption, or (b) any Debt Securities selected, called or being called for redemption except, in the case of any Debt Security to be
redeemed in part, the portion thereof not so to be redeemed. 
 All Debt Securities issued in exchange for or upon registration
of transfer of Debt Securities shall be valid obligations of the Company, evidencing the same debt, and entitled to the same benefits under this Indenture, as the Debt Securities surrendered for such exchange or registration of transfer. 

None of the Trustee, any agent of the Trustee, any paying agent or the Company will have any responsibility or liability for any aspect of
the records relating to or payments made on account of beneficial ownership interests of a Global Debt Security or for maintaining, supervising or reviewing any records relating to such beneficial ownership interests. 

SECTION 3.07 Mutilated, Destroyed, Lost or Stolen Debt Securities. In case any temporary or
definitive Debt Security shall become mutilated or be destroyed, lost or stolen, the Company in its discretion may execute, and upon its request the Trustee shall authenticate and 

  
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deliver, a new Debt Security, bearing a number, letter or other distinguishing mark not contemporaneously Outstanding, in exchange and substitution for the mutilated Debt Security, or in lieu of
and in substitution for the Debt Security so destroyed, lost or stolen. In every case the applicant for a substituted Debt Security shall furnish to the Company and to the Trustee such security or indemnity as may be required by them to save each of
them harmless, and, in every case of destruction, loss or theft, the applicant shall also furnish to the Company and to the Trustee evidence to their satisfaction of the destruction, loss or theft, of such Debt Security and of the ownership thereof.

 In the absence of notice to the Trustee or the Company that such Debt Security has been acquired by a bona fide purchaser, the
Trustee shall authenticate any such substituted Debt Security and deliver the same upon any Company Request. Upon the issuance of any substituted Debt Security, the Company may require the payment of a sum sufficient to cover any tax or other
governmental charge that may be imposed in relation thereto and any other expenses connected therewith. In case any Debt Security which has matured or is about to mature shall become mutilated or be destroyed, lost or stolen, the Company may,
instead of issuing a substituted Debt Security, pay or authorize the payment of the same (without surrender thereof except in the case of a mutilated Debt Security) if the applicant for such payment shall furnish to the Company and to the Trustee
such security or indemnity as may be required by them to save each of them harmless and, in case of destruction, loss or theft, evidence satisfactory to the Company and to the Trustee of the destruction, loss or theft of such Debt Security and of
the ownership thereof. 
 Every substituted Debt Security issued pursuant to the provisions of this Section 3.07 by
virtue of the fact that any Debt Security is destroyed, lost or stolen shall constitute an additional contractual obligation of the Company, whether or not the destroyed, lost or stolen Debt Security shall be found at any time, and shall be entitled
to all the benefits of this Indenture equally and proportionately with any and all other Debt Securities duly issued hereunder. All Debt Securities shall be held and owned upon the express condition that the foregoing provisions are exclusive with
respect to the replacement or payment of mutilated, destroyed, lost or stolen Debt Securities and shall preclude (to the extent permitted by law) any and all other rights or remedies with respect to the replacement or payment of negotiable
instruments or other securities without their surrender. 
 SECTION 3.08 Payment of Interest;
Interest Rights Preserved. Interest which is payable, and is punctually paid or duly provided for, on any Interest Payment Date, on any Debt Security, shall unless otherwise provided in such Debt Security be paid to the Person in whose name the
Debt Security (or one or more Predecessor Debt Securities) is registered at the close of business on the Regular Record Date for such interest. Unless otherwise stated in the form of Debt Security of a series, interest on the Debt Securities of any
series shall be computed on the basis of a 360 day year comprised of twelve 30 day months. 
  

  
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 Any interest on any Debt Security which is payable, but is not punctually paid or duly
provided for, on any Interest Payment Date (herein called “Defaulted Interest”) shall forthwith cease to be payable to the registered Holder on the relevant Regular Record Date by virtue of having been such Holder, and such
Defaulted Interest may be paid by the Company, at its election in each case, as provided in Clause (1) or (2) below: 
 (1) The Company may elect to make payment of any Defaulted Interest to the Persons in whose names any such Debt Securities (or their respective Predecessor Debt Securities) are registered at the close of
business on a Special Record Date for the payment of such Defaulted Interest, which shall be fixed in the following manner. The Company shall notify the Trustee in writing of the amount of Defaulted Interest proposed to be paid on each Debt Security
and the date of the proposed payment, and at the same time the Company shall deposit with the Trustee an amount of money equal to the aggregate amount proposed to be paid in respect of such Defaulted Interest or shall make arrangements satisfactory
to the Trustee for such deposit prior to the date of the proposed payment, such money when deposited to be held in trust for the benefit of the Persons entitled to such Defaulted Interest as in this clause provided. Thereupon the Trustee shall fix a
Special Record Date for the payment of such Defaulted Interest which shall be not more than 15 days and not less than 10 days prior to the date of the proposed payment and not less than 10 days after the receipt by the Trustee of the notice of the
proposed payment. The Trustee shall promptly notify the Company of such Special Record Date and, in the name and at the expense of the Company, shall cause notice of the proposed payment of such Defaulted Interest and the Special Record Date
therefore to be mailed, first-class postage prepaid, to each Holder of such Debt Securities, at such Holder’s address as it appears in the Debt Security Register, not less than 10 days prior to such Special Record Date. Notice of the proposed
payment of such Defaulted Interest and the Special Record Date therefore having been mailed as aforesaid, such Defaulted Interest shall be paid to the Persons in whose names such Debt Securities (or their respective Predecessor Debt Securities) are
registered on such Special Record Date and shall no longer be payable pursuant to the following Clause (2). 
 (2) The Company may make payment of any Defaulted Interest in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Debt Securities of that series may be
listed, and upon such notice as may be required by such exchange, if, after notice given by the Company to the Trustee of the proposed payment pursuant to this Clause, such payment shall be deemed practicable by the Trustee. 

Subject to the foregoing provisions of this Section, each Debt Security delivered under this Indenture upon transfer of or in exchange for or in lieu of
any other Debt Security shall carry the rights to interest accrued and unpaid, and to accrue, which were carried by such other Debt Security. 
 SECTION 3.09 Persons Deemed Owners. The Company, the Trustee and any agent of the Company or the Trustee may treat the Person in whose name any Debt Security is
registered as the owner of such Debt Security for the purpose of receiving payment of principal 

  
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of, premium, if any, and (subject to Section 3.08) interest on, such Debt Security and for all other purposes whatsoever whether or not such Debt Security be overdue, and neither the
Company, the Trustee, nor any agent of the Company or the Trustee shall be affected by notice to the contrary. 
 
SECTION 3.10 Cancellation of Debt Securities Paid, etc. All Debt Securities surrendered for the purpose of payment, redemption, exchange or registration of transfer or delivered in satisfaction in whole or in part of any sinking fund
obligation shall, if surrendered to the Company or any agent of the Trustee or the Company under this Indenture, be delivered to the Trustee and promptly cancelled by it, or, if surrendered to the Trustee, shall be promptly cancelled by it, and no
Debt Securities shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Indenture. The Trustee shall dispose of cancelled Debt Securities in accordance with its customary procedures. 

SECTION 3.11 Currency and Manner of Payments. 

(a) With respect to Debt Securities denominated in Dollars or a Foreign Currency, the following payment provisions shall
apply: Except as provided in paragraph (c) of this Section 3.11, payment of principal of and premium, if any, on any Debt Securities will be made in U.S. Dollars at the offices established pursuant to Section 5.02
by wire transfer, CHIPS or the SWIFT system. 
 (b) Not later than the fourth Business Day after the Regular
Record Date for such Interest Payment Date, the paying agent will deliver to the Company a written notice specifying, in the currency in which each series of the Debt Securities are denominated, the respective aggregate amounts of principal of and
premium, if any, and interest on the Debt Securities to be made on such payment date, specifying the amounts so payable in respect of the Debt Securities. The failure of the paying agent to deliver such notice shall not relieve the Company from its
obligation to make all payments with respect to any Debt Security when due. 
 (c) If the Foreign Currency in
which any of the Debt Securities are denominated ceases to be used both by the government of the country which issued such currency and for the settlement of transactions by public institutions of or within the international banking community, then
with respect to each date for the payment of Foreign Currency occurring after the last date on which the Foreign Currency was so used (the “Conversion Date”), the Dollar shall be the currency of payment for use on each such date.
The Dollar amount to be paid by the Company to the Trustee and by the Trustee or any paying agent to the Holder of such Debt Securities with respect to such payment date shall be the Dollar Equivalent of the Foreign Currency as determined by the
Currency Determination Agent as of the second Business Day preceding the applicable payment date (the “Valuation Date”) in the manner provided in paragraph (d). 

(d) The “Dollar Equivalent of the Foreign Currency” shall be determined by the Currency Determination
Agent as of each Valuation Date and shall be obtained by converting the specified Foreign Currency into Dollars at the Market Exchange Rate on the Valuation Date. 

  
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 (e) The “Market Exchange Rate” shall mean, for any
currency, the noon Dollar buying rate for that currency for cable transfers quoted in New York City on the Valuation Date as certified for customs purposes (or, if not so certified, as otherwise determined) by the Federal Reserve Bank of New York.
If such rates are not available for any reason with respect to one or more currencies for which an exchange rate is required, the Currency Determination Agent shall use, in its sole discretion and without liability on its part, such quotation of the
Federal Reserve Bank of New York as of the most recent available date, or, with the Company’s approval, quotations from one or more major banks in New York City or in the country of issue of the currency in question, or such other quotations as
the Currency Determination Agent shall deem appropriate and the Company shall approve. Unless otherwise specified by the Currency Determination Agent, if there is more than one market for dealing in any currency by reason of foreign exchange
regulations or otherwise, the market to be used in respect of such currency shall be that upon which a nonresident issuer of securities designated in such currency would purchase such currency in order to make payments in respect of such securities.

 All decisions and determinations of the Currency Determination Agent regarding the Dollar Equivalent of the Foreign Currency
and the Market Exchange Rate shall be in its sole discretion and shall, in the absence of manifest error, be conclusive for all purposes and irrevocably binding upon the Company and all Holders of the Debt Securities. In the event that the Foreign
Currency ceases to be used both by the government of the country which issued such currency and for the settlement of transactions by public institutions of or within the international banking community, the Company, after learning thereof, will
promptly give notice thereof to the Trustee (and the Trustee will promptly thereafter give notice in the manner provided in Section 15.03 to the Holders) specifying the Conversion Date. 

The Trustee shall be fully justified and protected in relying on and acting upon the information so received by it from the Company or
the Currency Determination Agent and shall not otherwise have any duty or obligation to determine such information independently. 
 If the principal of (and premium, if any) and interest on any Debt Securities is payable in a Foreign Currency and such Foreign Currency is not available for payment due to the imposition of exchange
controls or other circumstances beyond the control of the Company, then the Company shall be entitled to satisfy its obligations to Holders under this Indenture by making such payment in Dollars on the basis of the Market Exchange Rate for such
Foreign Currency on the latest date for which such rate was established on or before the date on which payment is due. Any payment made pursuant to this Section 3.11 in Dollars where the required payment is in a Foreign Currency shall
not constitute a default or Event of Default under this Indenture. 

  
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 SECTION 3.12 CUSIP Numbers. The Company in issuing the
Debt Securities may use “CUSIP” numbers (if then generally in use), and, if so, the Trustee shall use “CUSIP” numbers in notices of redemption as a convenience to Holders; provided that any such notice may state that no
representation is made as to the correctness of such numbers either as printed on the Debt Securities or as contained in any notice of a redemption and that reliance may be placed only on the other identification numbers printed on the Debt
Securities, and any such redemption shall not be affected by any defect in or omission of such numbers. The Company will promptly notify the Trustee in writing of any change in the “CUSIP” numbers. 

ARTICLE FOUR. REDEMPTION OF DEBT SECURITIES; SINKING FUNDS 

SECTION 4.01 Applicability of Article. The Company may reserve the right to redeem and pay before
Stated Maturity all or any part of the Debt Securities of any series, either by optional redemption, sinking fund (mandatory or optional) or otherwise, by provision therefor in the form of Debt Security for such series on such terms as are specified
in such form or the Board Resolution or Officers’ Certificate delivered pursuant to Section 3.01 or the indenture supplemental hereto as provided in Section 3.01 with respect to Debt Securities of such series. Redemption
of Debt Securities of any series shall be made in accordance with the terms of such Debt Securities and, to the extent that this Article does not conflict with such terms, in accordance with this Article. 

SECTION 4.02 Notice of Redemption; Selection of Debt Securities. In case the Company shall desire to
exercise the right to redeem all, or, as the case may be, any part of a series of Debt Securities pursuant to Section 4.01, the Company shall fix a date for redemption and the Company, or, at the Company’s request, the Trustee in
the name of and at the expense of the Company, shall mail a notice of such redemption at least 30 and not more than 60 days prior to the date fixed for redemption to the Holders of Debt Securities so to be redeemed as a whole or in part at their
last addresses as the same appear on the Debt Securities Register. Such mailing shall be by first class mail. The notice if mailed in the manner herein provided shall be conclusively presumed to have been duly given, whether or not the Holder
receives such notice. In any case, failure to give such notice by mail or any defect in the notice to the Holder of any Debt Security designated for redemption as a whole or in part shall not affect the validity of the proceedings for the redemption
of any other Debt Security. 
 Notice of redemption shall be given in the name of the Company and shall specify the date fixed
for redemption, the Redemption Price at which Debt Securities of any series are to be redeemed, the place of payment (which shall be at the offices or agencies to be maintained by the Company pursuant to Section 5.02), that payment of
the Redemption Price will be made upon presentation and surrender of such Debt Securities, that interest accrued to the date fixed for redemption will be paid as specified in said notice, that on and after said date interest thereon or on the
portions thereof to be redeemed will cease to accrue, and the Section of this Indenture pursuant to which Debt Securities will be redeemed. In case less than all Debt Securities of any series are to be redeemed, the notice of redemption shall also
identify the particular Debt Securities to be redeemed as a whole or in part and shall state that the redemption is for the sinking fund, if such is the case. In case any Debt Security is to be redeemed in part only, the notice of redemption shall
state the portion of the principal amount thereof to be redeemed and shall state that on and after the date fixed for redemption, upon surrender of such Debt Security, a new Debt Security or Debt Securities of such series in aggregate principal
amount equal to the unredeemed portion thereof will be issued without charge to the Holder. 

  
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 If the Debt Securities of any series are to be redeemed, the Company shall give the Trustee
notice, at least fifteen (15) days (or such shorter period acceptable to the Trustee) in advance of the date notice of the redemption is to be given, as to the aggregate principal amount of Debt Securities to be redeemed. Unless otherwise
provided in the form of Debt Security of any series, Debt Securities may be redeemed in part in multiples equal to the minimum authorized denomination for Debt Securities of such series or any multiple thereof. Thereupon the Trustee shall select, in
such manner as in its sole discretion it shall deem appropriate, the Debt Securities or portions thereof to be redeemed, and shall as promptly as practicable notify the Company of the Debt Securities or portions thereof so selected. For all purposes
of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Debt Securities of any series shall relate, in the case of any Debt Security redeemed or to be redeemed only in part, to the portion of the
principal amount of such Debt Security which has been or is to be redeemed. 
 On or prior to the date fixed for redemption
specified in the notice of redemption given as provided in this Section 4.02, the Company will deposit with the Trustee or with the paying agent an amount of money in the currency in which the Debt Securities of such series are payable
sufficient to redeem on the date fixed for redemption all the Debt Securities so called for redemption at the appropriate Redemption Price, together with accrued interest to the date fixed for redemption. 

The Trustee shall not mail any notice of redemption of any series of Debt Securities during the continuation of any default in payment of
interest on any series of Debt Securities when due or of any Event of Default, except that where notice of redemption with respect to any series of Debt Securities shall have been mailed prior to the occurrence of such default or Event of Default,
the Trustee shall redeem such Debt Securities provided funds are deposited with it for such purpose. 
 
SECTION 4.03 Payment of Debt Securities Called for Redemption. If notice of redemption has been given as herein provided, the Debt Securities or portions of Debt Securities with respect to which such notice has been given shall become due
and payable on the date and at the place stated in such notice at the applicable Redemption Price, together with interest accrued to the date fixed for redemption, and on and after said date (unless the Company shall default in the payment of such
Debt Securities or portions thereof at the Redemption Price, together with interest accrued to said date) interest on the Debt Securities or portions of Debt Securities so called for redemption shall cease to accrue, and such Debt Securities and
portions of Debt Securities shall be deemed not to be Outstanding hereunder and shall not be entitled to any benefit under this Indenture except to receive payment of the Redemption Price, together with accrued interest to the date fixed for
redemption. On presentation and surrender of such Debt Securities at the place of payment in said notice specified, the said Debt Securities or the 

  
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specified portions thereof shall be paid and redeemed by the Company at the applicable Redemption Price, together with interest accrued thereon to the date fixed for redemption; provided,
however, that any installments of interest becoming due on the date fixed for redemption shall be payable to the Holders of such Debt Securities, or one or more previous Debt Securities evidencing all or a portion of the same debt as that
evidenced by such particular Debt Securities, registered as such on the relevant record dates according to their terms and the provisions of Section 3.08. 
 Upon presentation and surrender of any Debt Security redeemed in part only, with, if the Company or the Trustee so required, due endorsement by, or a written instrument of transfer in form satisfactory to
the Company and the Trustee duly executed by, the Holder thereof or such Holder’s attorney duly authorized in writing, the Company shall execute and the Trustee shall authenticate and deliver to the Holder thereof, at the expense of the
Company, a new Debt Security or Debt Securities of the same series having the same interest rate and Stated Maturity and bearing interest from the same date, of any authorized denominations as requested by such Holder, in aggregate principal amount
equal to the unredeemed portion of the Debt Security so presented and surrendered. 
 SECTION 4.04
Exclusion of Certain Securities from Eligibility for Selection for Redemption. Debt Securities shall be excluded from eligibility for selection for redemption if they are identified by registration and certificate number in a written
statement signed by an authorized officer of the Company and delivered to the Trustee at least 45 days prior to the last date on which notice of redemption may be given as being owned of record and beneficially by, and not pledged or hypothecated
by, either (a) the Company or (b) an entity specifically identified in such written statement directly or indirectly controlling or controlled by or under direct or indirect common control with the Company. 

SECTION 4.05 Provisions with Respect to any Sinking Funds. Unless the form or terms of any series of
Debt Securities shall provide otherwise, in lieu of making all or any part of any mandatory sinking fund payment with respect to such series of Debt Securities in cash, the Company may at its option (1) deliver to the Trustee for cancellation
any Debt Securities of such series theretofore acquired by the Company, or (2) receive credit for any Debt Securities of such series (not previously so credited) acquired by the Company and theretofore delivered to the Trustee for cancellation.
Debt Securities so delivered or credited shall be credited at the applicable sinking fund Redemption Price with respect to the Debt Securities of such series. 
 On or before the 45th day next preceding each sinking fund Redemption Date, the Company will deliver to the Trustee a certificate signed by the Chief Financial Officer, any Vice President, the Treasurer
or any Assistant Treasurer of the Company specifying (i) the portion of the mandatory sinking fund payment to be satisfied by deposit of cash in the currency in which the Debt Securities of such series are payable, by delivery of Debt
Securities theretofore purchased or otherwise acquired by the Company (which Debt Securities shall accompany such certificate) and by credit for Debt Securities acquired by the Company and theretofore delivered to the Trustee for cancellation
redeemed by the Company and stating that the credit to be applied 

  
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has not theretofore been so applied or applied in lieu of retiring Funded Debt pursuant to Section 5.06 and (ii) whether the Company intends to exercise its right, if any, to
make an optional sinking fund payment, and, if so, the amount thereof. Such certificate shall also state that no Event of Default has occurred and is continuing. Such certificate shall be irrevocable and upon its delivery the Company shall be
obligated to make the payment or payments therein referred to, if any, on or before the next succeeding sinking fund payment date. In case of the failure of the Company on or before the 45th day next preceding each sinking fund Redemption Date to
deliver such certificate (or to deliver the Debt Securities specified in this paragraph), the sinking fund payment due on the next succeeding sinking fund payment date shall be paid entirely in cash (in the currency described above) and shall be
sufficient to redeem the principal amount of Debt Securities as a mandatory sinking fund payment, without the option to deliver or credit Debt Securities as provided in the first paragraph of this Section 4.05 and without the right to
make an optional sinking fund payment as provided herein. 
 If the sinking fund payment or payments (mandatory or optional)
with respect to any series of Debt Securities made in cash (in the currency described above) shall exceed the minimum authorized denomination set forth in an Officers’ Certificate pursuant to Section 3.01 or the equivalent in the
currency in which the Debt Securities of such series are payable (or a lesser sum if the Company shall so request), unless otherwise provided by the terms of such series of Debt Securities, said cash shall be applied by the Trustee on the sinking
fund Redemption Date with respect to Debt Securities of such series at the applicable sinking fund Redemption Price with respect to Debt Securities of such series, together with accrued interest, if any, to the date fixed for redemption, with the
effect provided in Section 4.03. The Trustee shall select, in the manner provided in Section 4.02, for redemption on such sinking fund Redemption Date a sufficient principal amount of Debt Securities of such series to utilize
said cash and shall thereupon cause notice of redemption of the Debt Securities of such series for the sinking fund to be given in the manner provided in Section 4.02 (and with the effect provided in Section 4.03) for the
redemption of Debt Securities in part at the option of the Company. Debt Securities of any series which are identified by registration and certificate number in an Officers’ Certificate at least 45 days prior to the sinking fund Redemption Date
as being beneficially owned by, and not pledged or hypothecated by, the Company or an entity directly or indirectly controlling or controlled by or under direct or indirect common control with the Company shall be excluded from Debt Securities of
such series eligible for selection for redemption. Any sinking fund moneys not so applied or allocated by the Trustee to the redemption of Debt Securities of such series shall be added to the next cash sinking fund payment with respect to Debt
Securities of such series received by the Trustee and, together with such payment, shall be applied in accordance with the provisions of this Section 4.05. Any and all sinking fund moneys with respect to Debt Securities of any series
held by the Trustee at the maturity of Debt Securities of such series, and not held for the payment or redemption of particular Debt Securities of such series, shall be applied by the Trustee, together with other moneys, if necessary, to be
deposited sufficient for the purpose, to the payment of the principal of the Debt Securities of such series at maturity. 

  
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 The Trustee shall not convert any currency in which the Debt Securities of such series are
payable for the purposes of such sinking fund application unless a Company Request is made, and any such conversion agreed to in writing by the Trustee in response to such request shall be for the account and at the expense of the Company and shall
not affect the Company’s obligation to pay the Holders in the currency to which such Holders are entitled. 
 On or before
each sinking fund Redemption Date provided with respect to Debt Securities of any series, the Company shall pay to the Trustee in cash in the currency described above a sum equal to all accrued interest, if any, to the date fixed for redemption on
Debt Securities to be redeemed on such sinking fund Redemption Date pursuant to this Section 
4.05. 
 ARTICLE FIVE. PARTICULAR COVENANTS OF THE COMPANY 

SECTION 5.01 Payment of Principal, Premium and Interest. The Company will duly and punctually pay or
cause to be paid (in the currency in which the Debt Securities of such series are payable) the principal of and premium, if any, and interest on each of the Debt Securities at the place (subject to Section 3.03), at the respective times
and in the manner provided in each series of Debt Securities and in this Indenture. 
 SECTION 5.02
Offices for Notices and Payments, etc. 
 (a) So long as the Debt Securities of any series remain
Outstanding, the Company will maintain at the Place of Payment, an office or agency where the Debt Securities may be presented for payment, an office or agency where the Debt Securities may be presented for registration of transfer and for exchange
as in this Indenture provided, and an office or agency where notices and demands to or upon the Company in respect of the Debt Securities or of this Indenture may be served and shall give the Trustee written notice thereof and any changes in the
location thereof. In case the Company shall at any time fail to maintain any such office or agency, or shall fail to give notice to the Trustee of any change in the location thereof, presentation and demand may be made and notice may be served in
respect of the Debt Securities or of this Indenture at said office of the Trustee. 
 (b) In addition to the
office or agency maintained by the Company pursuant to Section 5.02(a), the Company may from time to time designate one or more other offices or agencies where the Debt Securities may be presented for payment and presented for
registration of transfer and for exchange in the manner provided in this Indenture, and the Company may from time to time rescind such designations, as the Company may deem desirable or expedient; provided, however, that no such designation
or rescission shall in any manner relieve the Company of its obligation to maintain such office and agency at the Place of Payment, for the purposes abovementioned. The Company will give to the Trustee prompt written notice of (i) any such
designation or rescission thereof, and (ii) the location of any such office or agency outside the Place of Payment and of any change of location thereof. 

  
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 SECTION 5.03 Appointments to Fill Vacancies in
Trustee’s Office. The Company, whenever necessary to avoid or fill a vacancy in the office of Trustee, will appoint, in the manner provided in Section 8.10, a Trustee, so that there shall at all times be a Trustee hereunder.

 SECTION 5.04 Provisions as to Paying Agent. 

(a) (1) Whenever the Company shall have one or more paying agents for any series of Debt Securities other than the
Trustee, it will, on or before each due date of the principal of (and premium, if any) or interest on any Debt Securities of such series, deposit with a paying agent a sum sufficient to pay such amount becoming due, such sum to be held as provided
by the Trust Indenture Act of 1939, and (unless such paying agent is the Trustee) the Company will promptly notify the Trustee of its action or failure so to act. 

(2) The Company will cause each paying agent other than the Trustee to execute and deliver to the Trustee an instrument in
which such paying agent shall agree with the Trustee, subject to the provisions of this Section, that such paying agent will: (i) comply with the provisions of the Trust Indenture Act of 1939 applicable to it as a paying agent and
(ii) during the continuance of any default by the Company (or any other obligor upon any series of Debt Securities) in the making of any payment in respect of the Debt Securities of such series, upon the written request of the Trustee,
forthwith pay to the Trustee all sums held in trust by such paying agent as such. 
 (b) If the Company shall act
as its own paying agent, it will, on or prior to each due date of the principal of and premium, if any, or interest on Debt Securities of any series, set aside, segregate and hold in trust for the benefit of the Holders of such Debt Securities a sum
sufficient to pay such principal and premium, if any, or interest so becoming due and will notify the Trustee of any failure to take such action and of any failure by the Company (or by any other obligor on such series of Debt Securities) to make
any payment of the principal of and premium, if any, or interest on the Debt Securities when the same shall become due and payable. 
 (c) Anything in this Section 5.04 to the contrary notwithstanding, the Company may, at any time, for the purpose of obtaining a satisfaction and discharge of this Indenture with respect to any
or all series of Debt Securities then Outstanding, or for any other reason, pay or cause to be paid to the Trustee all sums held in trust by the Company, or any paying agent hereunder, as required by this Section 5.04, such sums to be
held by the Trustee upon the trusts herein contained. 
 (d) Anything in this Section 5.04 to the
contrary notwithstanding, the agreement to hold sums in trust provided in this Section 5.04 is subject to Section 13.04. 
 SECTION 5.05 Limitation on Secured Debt. 
 (a) So long as the Debt Securities shall remain Outstanding, the Company will not at any time create, assume or guarantee, and will not cause, suffer or permit a

  
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Restricted Subsidiary to create, assume or guarantee, any Secured Debt without making effective provision (and the Company covenants that in such case it will make or cause to be made effective
provision) whereby the Debt Securities then Outstanding subject to applicable priorities of payment shall be secured by such Security Interest equally and ratably with any and all other obligations and indebtedness which shall be so secured;
provided, however, that the foregoing covenants shall not be applicable to the following: 
 (i)
(a) any Security Interest in property of the Company or a Restricted Subsidiary securing indebtedness incurred by the Company or a Restricted Subsidiary prior to, at the time of, or within 180 days after the later of the acquisition, the
completion of construction (including any improvements on an existing property) or the commencement of commercial operation of such property, which indebtedness is incurred for the purpose of financing all or any part of the purchase price thereof
or construction or improvements thereon; or (b) the acquisition of property subject to any Security Interest upon such property existing at the time of acquisition thereof, whether or not assumed by the Company or such Restricted Subsidiary; or
(c) any Security Interest existing on the property or on the outstanding shares of capital stock or indebtedness of a Person at the time such Person shall become a Restricted Subsidiary; or (d) a Security Interest on property or shares of
capital stock or indebtedness of a Person existing at the time such Person is merged into or consolidated with the Company or a Restricted Subsidiary or at the time of a sale, lease or other disposition of the properties of a Person or firm as an
entirety or substantially as an entirety to the Company or a Restricted Subsidiary, provided, however, that no such Security Interest shall extend to any other Principal Property of the Company or such Restricted Subsidiary prior to
such acquisition or to any other Principal Property thereafter acquired other than additions to such acquired property; 
 (ii) Security Interests in property of the Company or a Restricted Subsidiary in favor of the United States of America or any State thereof, or any department, agency or instrumentality or political
subdivision of the United States of America or any State thereof, or in favor of any other country, or any department, agency or instrumentality or political subdivision thereof (including, without limitation, Security Interests to secure
indebtedness of the pollution control or industrial revenue bond type), in order to permit the Company or a Restricted Subsidiary to perform any contract or subcontract made by it with or at the request of any of the foregoing, or to secure partial,
progress, advance or other payments pursuant to any contract or statute or to secure any indebtedness incurred for the purpose of financing all or any part of the purchase price or the cost of constructing or improving the property subject to such
Security Interests; 
 (iii) Any Security Interest on any property or assets of any Restricted Subsidiary to
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 (iv) Mechanics’, materialmen’s, carriers’ or other like liens
arising in the ordinary course of business (including construction of facilities) in respect of obligations which are not due or which are being contested in good faith; 

(v) Any Security Interest arising by reason of deposits with, or the giving of any form of security to, any governmental
agency or any body created or approved by law or governmental regulations, which is required by law or governmental regulation as a condition to the transaction of any business, or the exercise of any privilege, franchise or license and any Security
Interest to secure public or statutory obligations; 
 (vi) Security Interests for taxes, assessments or
governmental charges or levies not yet delinquent, or the Security Interests for taxes, assessments or government charges or levies already delinquent but the validity of which is being contested in good faith; 

(vii) Security Interests (including judgment liens) arising in connection with legal proceedings so long
as such proceedings are being contested in good faith and, in the case of judgment liens, execution thereon is stayed; 
 (viii) Landlords’ liens on fixtures located on premises leased by the Company or a Restricted Subsidiary in the ordinary course of business; 

(ix) Security Interests in connection with a Permitted Receivables Financing; or 

(x) Any extension, renewal or replacement (or successive extensions, renewals or replacements) in whole or
in part of any Security Interest permitted by subsection (a) of this Section 5.05. 
 (b)
Notwithstanding the provisions of subsection (a) of this Section 5.05, the Company and any one or more Restricted Subsidiaries may without securing the Debt Securities issue, assume or guarantee Secured Debt which would
otherwise be subject to the foregoing restrictions in an aggregate amount which, together with all other Secured Debt of the Company and its Restricted Subsidiaries which would otherwise be subject to the foregoing restrictions (not including
Secured Debt permitted to be secured under subsection (a) above) and the aggregate value of the Sale and Leaseback Transactions (as defined in Section 5.06) in existence at such time (not including Sale and Leaseback
Transactions the proceeds of which have been or will be applied in accordance with Section 5.06(b)), does not exceed 10% of Consolidated Net Tangible Assets, determined as of a date not more than 90 days prior thereto. 

(c) In the event that the Company shall hereafter secure the Debt Securities of each series equally and ratably with any
other obligation or indebtedness pursuant to the provisions of this Section 5.05, the Trustee is hereby authorized to enter into 

  
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an indenture or agreement supplemental hereto and to take such action, if any, as it may deem advisable to enable it to enforce effectively the rights of the Holders of the Debt Securities so
secured, equally and ratably with such other obligation or indebtedness. 
 SECTION 5.06 Sale
and Leaseback Transactions. So long as the Debt Securities shall remain Outstanding, the Company will not, and will not permit any Restricted Subsidiary to, sell or transfer (except to the Company or one or more Restricted Subsidiaries, or both)
any Principal Property owned by it and in full operation for more than 180 days with the intention of taking back a lease on such property (except a lease for a term of no more than three years entered into with the intent that the use by the
Company or such Restricted Subsidiary of such property will be discontinued on or before the expiration of such term) (herein referred to as a “Sale and Leaseback Transaction”) unless either (a) the Company or such Restricted
Subsidiary would be entitled, pursuant to the provisions of Section 5.05 hereof, to incur Secured Debt equal in amount to the amount realized or to be realized upon such sale or transfer secured by a Security Interest on the property to
be leased without equally and ratably securing the Debt Securities, or (b) the Company or a Restricted Subsidiary shall apply an amount equal to the value of the property so leased to the retirement (other than any mandatory retirement), within
120 days of the effective date of any such arrangement, of Funded Debt as shown on the most recent consolidated balance sheet of the Company and which, in the case of such Funded Debt of the Company, is not subordinate and junior in right of payment
to the prior payment of the Debt Securities; provided, however, that in lieu of applying all or any part of such amount to such retirement, the Company may at its option (x) deliver to the Trustee Debt Securities theretofore
purchased or otherwise acquired by the Company, or (y) receive credit for the Debt Securities theretofore redeemed at its option. If the Company shall so deliver the Debt Securities to the Trustee (or receive credit for Debt Securities so
delivered), the amount which the Company shall be required to apply to the retirement of indebtedness pursuant to this Section 5.06 shall be reduced by an amount equal to the aggregate principal amount of such Debt Securities. The term
“value” shall mean, with respect to a Sale and Leaseback Transaction, as of any particular time, the amount equal to the greater of (i) the Capitalized Rent with respect thereto, or (ii) the fair value of such property at
the time of entering into such Sale and Leaseback Transaction as determined by the Board of Directors. 
 
SECTION 5.07 Restrictions on Transfer of Principal Property to Unrestricted Subsidiaries. So long as the Debt Securities of any series remain Outstanding, the Company will not itself, and will not cause, suffer or permit any Restricted
Subsidiary to, transfer (whether by merger, consolidation or otherwise) any Principal Property to any Unrestricted Subsidiary, unless it shall apply, within 180 days after the effective date of such transaction, or shall have committed within 180
days after such effective date to apply, an amount equal to the fair value of such Principal Property at the time of such transfer, as determined by the Board of Directors, to (a) the acquisition, construction, development or improvement of
properties or facilities which are, or, upon such acquisition, construction, development or improvement will be, a Principal Property or Principal Properties or a part thereof, (b) the redemption of Debt Securities of any series in accordance
with the provisions of Article Four or (c) the repayment of Funded Debt of the Company or of any Restricted Subsidiary (other than any Funded Debt owed to any 

  
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Restricted Subsidiary or any Funded Debt that is subordinate and junior in right of payment to the prior payment of the Debt Securities), or in part to such acquisition, construction, development
or improvement and in part to such redemption and/or repayment; provided that, in lieu of applying an amount equivalent to all or any part of such fair value to such redemption, the Company may, within 180 days after such transfer, deliver to
the Trustee Debt Securities (other than Debt Securities made the basis of a reduction in a mandatory sinking fund payment pursuant to Section 4.05) for cancellation and thereby reduce the amount to be applied to the redemption of the
Debt Securities of that series pursuant to clause (b) or clause (c) above, as the case may be, by an amount equivalent to the aggregate principal amount of the Debt Securities so delivered. Redemption of Debt Securities
pursuant to this Section 5.07 shall not be used as credits against mandatory sinking fund payments. 
 SECTION 5.08 Certificate to Trustee. So long as the Debt Securities of any series remain Outstanding, the Company will deliver to the Trustee on or before the thirtieth
(30th) day after May 15 of each year an
Officers’ Certificate stating that in the course of the performance by the signers of their duties as officers of the Company, they would normally have knowledge of any default by the Company in the performance or fulfillment or observance of
any covenants or agreements contained herein during the preceding fiscal year, stating whether or not they have knowledge of any such default and, if so, specifying each such default of which the signers have knowledge and the nature thereof. The
Officers’ Certificate need not comply with Section 15.05. 
 SECTION 5.09
Waivers of Covenants. Anything in this Indenture to the contrary notwithstanding, the Company may fail or omit, in respect of any series of Debt Securities, and in any particular instance, to comply with a covenant, agreement or condition
contained in Sections 5.02, 5.04 (other than in 5.04(a)(1) and (2)) to 5.08, inclusive, or with any additional covenant, agreement or condition contained in a Board Resolution or Officers’
Certificate establishing such series of Debt Securities, any indenture supplemental hereto applicable to such series or any Debt Security of such series if the Company shall have obtained and filed with the Trustee before or after the time for such
compliance the consent in writing of the Holders of more than 50% in aggregate principal amount of the Debt Securities of the series affected by such waiver at the time Outstanding, either waiving such compliance in such instance or generally
waiving compliance with such covenant or condition, but no such waiver shall extend to or affect any obligation not expressly waived nor impair any right consequent thereon and, until such waiver shall become effective, the obligations of the
Company and the duties of the Trustee in respect of any such covenant or condition shall remain in full force and effect. 
 
ARTICLE SIX. HOLDERS’ LISTS AND REPORTS BY THE COMPANY AND THE TRUSTEE 
 SECTION 6.01
Holders’ Lists. The Company covenants and agrees that it will furnish or cause to be furnished to the Trustee, not more than 15 days after each Regular Record Date with respect to the Debt Securities of any series, and at such other
times as the Trustee may request in writing, within 30 days after receipt by the Company of any such request, a list in such form as the Trustee may reasonably require of the names and addresses of the Holders of Debt 

  
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Securities of such series as of a date not more than 15 days prior to the time such information is furnished; provided, however, that no such list with respect to any particular series of
Debt Securities need be furnished at any such time if the Trustee is in possession thereof by reason of its acting as the Debt Security registrar for such series designated under Section 3.06 or otherwise. 

SECTION 6.02 Preservation and Disclosure of Lists. 

(a) The Trustee shall preserve, in as current a form as is reasonably practicable, all information as to the names and
addresses of the Holders of Debt Securities contained in the most recent list furnished to it as provided in Section 6.01 or received by the Trustee in the capacity of the Debt Security registrar (if so acting) under
Section 3.06. The Trustee may destroy any list furnished to it as provided in Section 6.01 upon receipt of a new list so furnished. 
 (b) The rights of Holders to communicate with other Holders with respect to their rights under this Indenture or under the Debt Securities of any series or of all Debt Securities, and the corresponding
rights and duties of the Trustee, shall be as provided by the Trust Indenture Act of 1939. 
 (c) Every Holder of
Debt Securities, by receiving and holding the same, agrees with the Company and the Trustee that neither the Company nor the Trustee nor any agent of either of them shall be held accountable by reason of any disclosure of information as to names and
addresses of Holders made pursuant to the Trust Indenture Act of 1939. 
 SECTION 6.03 Reports
by the Company. The Company agrees to file with the Trustee and the Commission, and transmit to Holders, such information, documents and other reports, and such summaries thereof, as may be required pursuant to the Trust Indenture Act of 1939 at
the times and in the manner provided pursuant to such Act; provided that any such information, documents or reports required to be filed with the Commission pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934, as
amended, shall be filed with the Trustee within 15 days after the same is so required to be filed with the Commission. Delivery of such reports, information and documents to the Trustee is for informational purposes only and the Trustee’s
receipt thereof shall not constitute constructive notice of any information contained therein or determinable from information contained therein, including the Company’s compliance with any of its covenants hereunder (as to which the Trustee is
entitled to rely exclusively on Officers’ Certificates). 
 SECTION 6.04 Reports by the
Trustee. 
 (a) The Trustee shall transmit to Holders such reports concerning the Trustee and its actions
under this Indenture as may be required pursuant to the Trust Indenture Act of 1939 at the times and in the manner provided pursuant thereto. The interval between transmissions of reports to be transmitted at intervals shall be twelve months or such
shorter time required by the Trust Indenture Act of 1939. If the Trust Indenture Act of 1939 does not specify the date on which a report is due, the such report shall be due on May 15 of each year following the first issuance of Debt
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 (b) A copy of each such report shall, at the time of such transmission to
Holders, be filed by the Trustee with each stock exchange upon which Debt Securities of any series are listed, with the Commission and with the Company. The Company will notify the Trustee, in writing, when the Debt Securities of any series are
listed on any stock exchange. 
 SECTION 6.05 Statement by Officers as to Default. The Company
shall deliver to the Trustee, promptly after and in any event within five business days after one or more of the officers of the Company described in the definition of “Officers’ Certificate” becomes aware of the occurrence of any
Event of Default or an event which, with notice or the lapse of time or both, would constitute an Event of Default, an Officers’ Certificate setting forth the details of such Event of Default or default and the action which the Company proposes
to take with respect thereto. 
 ARTICLE SEVEN. REMEDIES OF THE TRUSTEE AND HOLDERS ON EVENT OF
DEFAULT 
 SECTION 7.01 Events of Default. “Event of Default”, with
respect to any series of Debt Securities, wherever used herein, means any one of the following events (whatever the reason for such Event of Default and whether it shall be voluntary or involuntary or be effected by operation of law or pursuant to
any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body), unless such event is either inapplicable to such series or it is specifically deleted or modified in the Board Resolution,
Officers’ Certificate or supplemental indenture under which such series of Debt Securities is issued or in the form of Debt Security for such series: 
 (a) default in the payment of any installment of interest upon any Debt Security of such series as and when the same shall become due and payable, and continuance of such default for a period of 30 days;
or 
 (b) default in the payment of the principal of and premium, if any, on any Debt Security of such series as
and when the same shall become due and payable either at maturity, upon redemption, by declaration of acceleration or otherwise; or 
 (c) default in the payment or satisfaction of any sinking fund payment or analogous obligation, if any, with respect to the Debt Securities of such series as and when the same shall become due and payable
by the terms of the Debt Securities of such series, and continuance of such default for a period of 30 days; or 

(d) failure on the part of the Company duly to observe or perform any of the covenants, warranties or agreements on the
part of the Company in respect of the Debt Securities of such series in this Indenture (other than a covenant, warranty or agreement a 

  
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default in whose performance or whose breach is elsewhere in this Section specifically dealt with) continued for a period of 60 days after the date on which written notice of such failure,
specifying such failure and requiring the same to be remedied, shall have been given to the Company by the Trustee, by registered mail, or to the Company and the Trustee by the Holders of at least 25% in aggregate principal amount of the Outstanding
Debt Securities of such series; or 
 (e) the uncured or unwaived failure on the part of the Company to make
payment of principal of or interest on any other obligation for borrowed money of the Company, including with respect to any other series of Debt Securities, beyond any period of grace with respect thereto if the aggregate principal amount (or, in
the case of Original Issue Discount Debt Securities, such portion of the principal amount as may be specified in the terms of such indebtedness as due and payable upon acceleration) of any such obligation in respect of which principal or interest is
and remains in default is in excess of $60,000,000; provided, however, that subject to the provisions of Section 7.08 and Section 8.01 the Trustee shall not be charged with knowledge of any such default unless written
notice thereof shall have been given to the Trustee by the Company, by the holders or an agent of the holders of any such indebtedness, by the trustee then acting under any indenture or other instrument under which such default shall have occurred,
or by the Holders of not less than 25% in aggregate principal amount of such series of Debt Securities at the time Outstanding; or 
 (f) a decree or order by a court having jurisdiction in the premises shall have been entered adjudging the Company a bankrupt or insolvent, or approving as properly filed a petition seeking reorganization
of the Company under the Federal bankruptcy laws or any other similar applicable Federal or state law, and such decree or order shall have continued undischarged and unstayed for a period of 60 days; or a decree or order of a court having
jurisdiction in the premises for the appointment of a receiver or liquidator or trustee or assignee or other similar official in bankruptcy or insolvency of the Company or of all or substantially all of its property, or for the winding up or
liquidation of its affairs, shall have been entered, and such decree or order shall have continued undischarged and unstayed for a period of 60 days; or 
 (g) the Company shall institute proceedings to be adjudicated a voluntary bankrupt, or shall consent to the filing of a bankruptcy proceeding against it, or shall file a petition or answer or consent
seeking an arrangement or a reorganization under the Federal bankruptcy laws or any other similar applicable Federal or state law, or shall consent to the filing of any such petition, or shall consent to the appointment of a receiver or liquidator
or trustee or assignee or other similar official in bankruptcy or insolvency of it or of all or substantially all of its property, or shall make an assignment for the benefit of creditors generally, or shall admit in writing its inability to pay its
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 (h) any other Event of Default provided in the Board Resolution,
Officers’ Certificate or supplemental indenture under which such series of Debt Securities is issued or in the form of Debt Security for such series. 
 In the case of each and every Event of Default, so long as such Event of Default with respect to any series of Debt Securities for which there are Debt Securities Outstanding occurs and is continuing
(other than an Event of Default specified in clause (f) or (g) of Section 7.01) and shall not have been remedied or waived to the extent permitted by the terms of this Indenture, unless the principal of all of the
Debt Securities of such series shall have already become due and payable, either the Trustee or the Holders of not less than 25% in aggregate principal amount of the Outstanding Debt Securities of such series, by notice in writing to the Company
(and to the Trustee if given by Holders), may declare the principal (or, if the Debt Securities of that series are Original Issue Discount Debt Securities, such portion of the principal amount as may be specified in the terms of that series) of all
the Debt Securities of such series and the interest accrued thereon to be due and payable immediately, and upon any such declaration the same shall become and shall be immediately due and payable, anything in this Indenture or in the Debt Securities
of such series contained to the contrary notwithstanding. If an Event of Default specified in clause (f) or (g) of Section 7.01 occurs and is continuing, then the principal amount of (or, if the Debt Securities of
that series are Original Issue Discount Debt Securities, such portion of the principal amount as may be specified in the terms thereof as due and payable upon acceleration) and any accrued and unpaid interest on that series shall immediately become
due and payable without any declaration or other act on the part of the Trustee or any Holder. This provision, however, is subject to the condition that if, at any time after the principal of the Debt Securities of such series shall have been so
declared due and payable, and before any judgment or decree for the payment of the moneys due shall have been obtained or entered as hereinafter provided, the Company shall pay or shall deposit with the Trustee a sum sufficient to pay in the
currency in which the Debt Securities of such series are payable all matured installments of interest upon all of the Debt Securities and the principal of and premium, if any, on any and all Debt Securities of such series which shall have become due
otherwise than by such declaration (with interest on overdue installments of interest to the extent that payment of such interest is enforceable under applicable law and on such principal and premium, if any, at the rate borne by the Debt Securities
of such series or as otherwise provided in the form of Debt Security for such series, to the date of such payment or deposit) and the expenses of the Trustee (subject to Section 8.06), and any and all defaults under this Indenture, other
than the nonpayment of principal of and accrued interest on Debt Securities of such series which shall have become due by such declaration, shall have been cured or shall have been waived in accordance with Section 7.07 or provision
deemed by the Trustee to be adequate shall have been made therefor—then and in every such case the Holders of at least a majority in aggregate principal amount of the Debt Securities of such series then Outstanding, by written notice to the
Company and to the Trustee, may rescind and annul such declaration and its consequences; but no such rescission and annulment shall extend to or shall affect any subsequent default, or shall impair any right consequent thereon. 

  
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 In case the Trustee or any Holders shall have proceeded to enforce any right under this
Indenture and such proceedings shall have been discontinued or abandoned because of such rescission and annulment or for any other reason or shall have been determined adversely to the Trustee, then and in every such case the Company, the Trustee
and the Holders shall be restored respectively to their several positions and rights hereunder, and all rights, remedies and powers of the Company, the Trustee and the Holders shall continue as though no such proceeding had been taken. 

SECTION 7.02 Payment of Debt Securities Upon Default; Suit Therefor. The Company covenants that
(a) in case default shall be made in the payment of any installment of interest upon any Debt Security of any series as and when the same shall become due and payable, and such default shall have continued for a period of 30 days, or
(b) in case default shall be made in the payment of the principal of and premium, if any, on any Debt Security of any series as and when the same shall have become due and payable, whether at maturity of the Debt Security or upon redemption or
by declaration or otherwise or (c) in case default shall be made in the making or satisfaction of any sinking fund payment or analogous obligation with respect to the Debt Securities of any series when the same becomes due by the terms of the
Debt Securities of any series—then, upon demand of the Trustee, the Company will pay to the Trustee, for the benefit of the Holders (or Holders of Debt Securities of any such series in the case of clause (c) above), the whole amount
that then shall have become due and payable on any such Debt Security (or Debt Securities of any such series in the case of clause (c) above) for principal and premium, if any, or interest, or both, as the case may be, with interest upon
the overdue principal and premium, if any, and (to the extent that payment of such interest is enforceable under applicable law) upon the overdue installments of interest at the rate borne by the Debt Securities of such series or as otherwise
provided in the form of Debt Security of such series; and, in addition thereto, such further amount as shall be sufficient to cover the costs and expenses of collection, including a reasonable compensation to the Trustee, its agents, attorneys and
counsel, and any expenses or liabilities incurred and advances made by the Trustee, except compensation or advances arising, or expenses or liabilities incurred, as a result of the Trustee’s negligence or bad faith. 

Until such demand is made by the Trustee, the Company may pay the principal of and premium, if any, and interest on the Debt Securities
of any series to the Persons entitled thereto, whether or not the principal of and premium, if any, and interest on the Debt Securities of such series are overdue. 
 In case the Company shall fail forthwith to pay such amounts upon such demand, the Trustee, in its own name and as trustee of an express trust, shall be entitled and empowered to institute any actions or
proceedings at law or in equity for the collection of the sums so due and unpaid, and may prosecute any such action or proceeding to judgment or final decree, and may enforce any such judgment or final decree against the Company or any other obligor
on such Debt Securities and collect, in the manner provided by law out of the property of the Company or any other obligor on such Debt Securities wherever situated, the moneys adjudged or decreed to be payable. If any Event of Default with respect
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occurs and is continuing, the Trustee may in its discretion proceed to protect and enforce its rights and the rights of the Holders of Debt Securities of such series by such appropriate judicial
proceedings as the Trustee shall deem necessary to protect and enforce any such rights, whether for the specific enforcement of any covenant or agreement in this Indenture or in aid of the exercise of any power granted herein, or to enforce any
other proper remedy. 
 In case there shall be pending proceedings for the bankruptcy or for the reorganization of the Company
or any other obligor on the Debt Securities of any series under the Federal bankruptcy laws or any other applicable law, or in case a receiver or trustee shall have been appointed for the property of the Company or such other obligor, or in the case
of any other similar judicial proceedings relative to the Company or other obligor upon the Debt Securities of any series, or to the creditors or property of the Company or such other obligor, the Trustee, irrespective of whether the principal of
the Debt Securities of such series shall then be due and payable as therein expressed or by declaration or otherwise and irrespective of whether the Trustee shall have made any demand pursuant to the provisions of this Section 7.02,
shall be entitled and empowered by intervention in such proceedings or otherwise, (a) to file and prove a claim or claims for the whole amount of principal and interest owing and unpaid in respect of the Debt Securities of such series, and, in
case of any judicial proceedings, to file such proofs of claim and other papers or documents as may be necessary or advisable in order to have the claims of the Trustee and of the Holders of the Debt Securities of such series allowed in such
judicial proceedings relative to the Company or any other obligor on such Debt Securities, its or their creditors, or its or their property, (b) unless prohibited by applicable law and regulations, to vote on behalf of the Holders of any Debt
Securities of any series in any election of a trustee or a standby trustee in arrangement, reorganization, liquidation or other bankruptcy or insolvency proceedings or person performing similar functions in comparable proceedings, and (c) to
collect and receive any moneys or other property payable or deliverable on any such claims, and to distribute the same after the deduction of its charges and expenses; and any receiver, assignee or trustee in bankruptcy or reorganization is hereby
authorized by each of the Holders of the Debt Securities of such series to make such payments to the Trustee, and, in the event that the Trustee shall consent to the making of such payments directly to such Holders, to pay to the Trustee such amount
as shall be sufficient to cover reasonable compensation to the Trustee, its agents, attorneys and counsel, and all other expenses and liabilities incurred and advances made by the Trustee except compensation or advances arising, or expenses or
liabilities incurred, as a result of the Trustee’s own negligence or willful misconduct. 
 Nothing herein contained shall
be deemed to authorize the Trustee to authorize or consent to or accept, or adopt on behalf of any Holder any plan or reorganization, arrangement, adjustment or composition affecting the Debt Securities or the rights of any Holder thereof, or to
authorize the Trustee to vote in respect of the claim of any Holder (except, as aforesaid, for the election of a trustee in bankruptcy or other Person performing similar functions) in any such proceeding. 

All rights of action and of asserting claims under this Indenture, or under any of the Debt Securities of any series, may be enforced by
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of such Debt Securities, or the production thereof on any trial or other proceeding relative thereto, and any such suit or proceeding instituted by the Trustee shall be brought in its own name as
trustee of an express trust, and any recovery of judgment shall be for the ratable benefit of the Holders of the Debt Securities of such series in respect of which such judgment has been recovered. 

In any proceedings brought by the Trustee (and also any proceedings involving the interpretation of any provision of this Indenture to
which the Trustee shall be a party), the Trustee shall be held to represent all the Holders of the Debt Securities in respect to which such action was taken, and it shall not be necessary to make any Holders of such Debt Securities parties to any
such proceedings. 
 SECTION 7.03 Application of Moneys Collected by Trustee. Any moneys
collected by the Trustee pursuant to Section 7.02 shall be applied in the order following, at the date or dates fixed by the Trustee for the distribution of such moneys, upon presentation of the Debt Securities of such series, and
stamping thereon the payment, if only partially paid, and upon surrender thereof, if fully paid: 
 FIRST: To the
payment of costs and expenses of collection and reasonable compensation to the Trustee, its agents, attorneys and counsel, and of all other expenses and liabilities incurred, and all advances made, by the Trustee except compensation or advances
arising, or expenses or liabilities incurred, as a result of its own negligence or willful misconduct, and any other amounts owing the Trustee under Section 8.06; 

SECOND: In case the principal of the Debt Securities of such series shall not have become due and be unpaid, to the
payment of interest on such Debt Securities, in the order of the maturity of the installments of such interest, with interest (to the extent that such interest has been collected by the Trustee) upon the overdue installments of interest at the rate
borne by such Debt Securities, such payments to be made ratably to the Persons entitled thereto; 
 THIRD: In
case the principal of the Debt Securities of such series shall have become due, by declaration or otherwise, to the payment of the whole amount then owing and unpaid upon such Debt Securities for principal and premium, if any, and interest, with
interest on the overdue principal and premium, if any, and (to the extent that such interest has been collected by the Trustee) upon overdue installments of interest at the rate borne by such Debt Securities; and in case such moneys shall be
insufficient to pay in full the whole amounts so due and unpaid upon such Debt Securities, then, to the payment of such principal and premium, if any, and interest without preference or priority of principal and premium, if any, over interest, or of
interest over principal and premium, if any, or of any installment of interest over any other installment of interest, or of any Debt Security of such series over any other such Debt Security, such payments to be made ratably to the Persons entitled
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 FOURTH: To the payment of any surplus then remaining to the Company, its
successors or assigns, or as a court of competent jurisdiction shall direct. 
 SECTION 7.04
Proceedings by Holders. No Holder of any Debt Security of any series shall have any right by virtue of or by availing of any provision of this Indenture to institute any suit, action or proceeding in equity or at law or in bankruptcy or
otherwise upon or under or with respect to this Indenture or for the appointment of a receiver or trustee, or for any other remedy hereunder, unless such Holder previously shall have given to the Trustee written notice of default and of the
continuance thereof, as hereinbefore provided, and unless also the Holders of not less than 25% in aggregate principal amount of the Debt Securities of such series then Outstanding shall have made written request upon the Trustee to institute such
action, suit or proceeding in its own name as Trustee hereunder and shall have offered to the Trustee such indemnity as it may require against the costs, expenses and liabilities to be incurred therein or thereby, and the Trustee for 60 days after
its receipt of such notice, request and offer of indemnity, shall have neglected or refused to institute any such action, suit or proceeding (and no direction inconsistent with such written request shall have been given to the Trustee pursuant to
Section 7.07), it being understood and intended, and being expressly covenanted by the taker and Holder of every Debt Security of every series with every other taker and Holder and the Trustee, that no one or more Holders of Debt
Securities shall have any right in any manner whatever by virtue of or by availing of any provision of this Indenture to affect, disturb or prejudice the rights of any other Holder of such Debt Securities, or to obtain or seek to obtain priority
over or preference to any other such Holder, or to enforce any right under this Indenture, except in the manner herein provided and for the equal, ratable and common benefit of all Holders of Debt Securities. 

SECTION 7.05 Proceedings by Trustee. In case of an Event of Default hereunder the Trustee may in its
discretion proceed to protect and enforce the rights vested in it by this Indenture by such appropriate judicial proceedings as the Trustee shall deem most effectual to protect and enforce any of such rights, either by suit in equity or by action at
law or by proceeding in bankruptcy or otherwise, whether for the specific enforcement of any covenant or agreement contained in this Indenture or in aid of the exercise of any power granted in this Indenture, or to enforce any other legal or
equitable right vested in the Trustee by this Indenture or by law. 
 SECTION 7.06 Remedies
Cumulative and Continuing. All powers and remedies given by this Article Seven to the Trustee or to the Holders shall, to the extent permitted by law, be deemed cumulative and not exclusive of any thereof or of any other powers and
remedies available to the Trustee or the Holders, by judicial proceedings or otherwise, to enforce the performance or observance of the covenants and agreements contained in this Indenture, and no delay or omission of the Trustee or of any Holder to
exercise any right or power accruing upon any default occurring and continuing as aforesaid shall impair any such right or power, or shall 

  
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be construed to be a waiver of any such default or an acquiescence therein; and, subject to the provisions of Section 7.04, every power and remedy given by this Article Seven
or by law to the Trustee or to the Holders may be exercised from time to time, and as often as shall be deemed expedient, by the Trustee or by the Holders. 
 SECTION 7.07 Direction of Proceedings and Waiver of Defaults by Majority of Holders. The Holders of a majority in aggregate principal amount of the Outstanding Debt
Securities of any series shall have the right to direct the time, method, and place of conducting any proceeding for any remedy available to the Trustee, or exercising any trust or power conferred on the Trustee with respect to the Debt Securities
by this Indenture; provided, however, that (subject to the provisions of Section 8.01) the Trustee shall have the right to decline to follow any such direction if the Trustee shall determine upon advice of counsel that the action
or proceeding so directed may not lawfully be taken or would be materially and unjustly prejudicial to the rights of Holders not joining in such direction or if the Trustee in good faith by a trust committee of directors or trustees and/or
Responsible Officers shall determine that the action or proceeding so directed would involve the Trustee in personal liability or if the Trustee in good faith shall so determine that the actions or forebearances specified in or pursuant to such
direction would be unduly prejudicial to the interests of Holders of the Debt Securities of all series not joining in the giving of said direction, it being understood that (subject to Section 8.01) the Trustee shall have no duty to
ascertain whether or not such actions or forebearances are duly prejudicial to such Holders. The Trustee may take any other action deemed proper by the Trustee not inconsistent with such direction. The Holders of a majority in aggregate principal
amount of the Outstanding Debt Securities of any series may on behalf of the Holders of all the Debt Securities of such series waive any past default or Event of Default hereunder and its consequences except a default in the payment of principal of
or premium, if any, or interest on such Debt Securities, or a default in the making of any sinking fund payment with respect to such Debt Securities. Upon any such waiver the Company, the Trustee and the Holders of such Debt Securities shall be
restored to their former positions and rights hereunder, respectively; but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent thereon. Whenever any default or Event of Default shall have
been waived as permitted by this Section 7.07, said default or Event of Default shall for all purposes of the Debt Securities and this Indenture be deemed to have been cured and to be not continuing. 

This Section 7.07 shall be in lieu of Sections 316(a)(1)(A) and 316(a)(1)(B) of the Trust Indenture Act of 1939 and such
Sections 316(a)(1)(A) and Section 316(a)(1)(B) are hereby expressly excluded from this Indenture, as permitted by the Trust Indenture Act of 1939. 
 SECTION 7.08 Notice of Defaults. The Trustee shall give the Holders notice of any default hereunder as and to the extent provided by the Trust Indenture Act of 1939;
provided, however, that in the case of any default of the character specified in Section 7.01(d), no such notice to Holders shall be given until at least 60 days after the occurrence thereof. For the 

purpose of this Section, the term “default” means any event which is, or after notice or lapse of time or both would become, an Event of
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 SECTION 7.09 Undertaking to Pay Costs. In any suit for
the enforcement of any right or remedy under this Indenture, or in any suit against the Trustee for any action taken, suffered or omitted by it as Trustee, a court may require any party litigant in such suit to file an undertaking to pay the costs
of such suit, and may assess costs against any such party litigant, in the manner and to the extent provided in the Trust Indenture Act of 1939; provided that neither this Section nor the Trust Indenture Act of 1939 shall be deemed to
authorize any court to require such an undertaking or to make such an assessment in any suit instituted by the Company, and any provision of the Trust Indenture Act of 1939 to such effect is hereby expressly excluded from this Indenture, as
permitted by the Trust Indenture Act of 1939. This Section does not apply to a suit by the Trustee, a suit by a Holder pursuant to Section 7.10 hereof or a suit by Holders of more than 10% in principal amount of the then Outstanding Debt
Securities. 
 SECTION 7.10 Unconditional Right of Holders to Receive Principal, Premium and
Interest. Notwithstanding any other provision in this Indenture, the Holder of any Debt Security shall have the rights, which are absolute and unconditional, to receive payment of the principal of, premium, if any, and (subject to
Section 3.08) interest on such Debt Security on the respective Stated Maturities expressed in such Debt Security (or in the case of redemption or repayment, on the date for redemption or repayment, as the case may be) and to institute
suit for the enforcement of any such payment, and such rights shall not be impaired without the consent of such Holder. 
 
ARTICLE EIGHT. CONCERNING THE TRUSTEE 
 SECTION 8.01 Duties and Responsibilities of
Trustee. The duties and responsibilities of the Trustee shall be as provided by the Trust Indenture Act of 1939. Notwithstanding the foregoing, no implied covenants or obligations, except as provided by the Trust Indenture Act of 1939, shall be
read into this Indenture against the Trustee, and no provision of this Indenture shall require the Trustee to expend or risk its own funds or otherwise incur any financial liability in the performance of any of its duties hereunder, or in the
exercise of any of its rights or powers, if it shall have reasonable grounds for believing that repayment of such funds or adequate indemnity against such risk or liability is not reasonably assured to it. Whether or not therein expressly so
provided, every provision of this Indenture relating to the conduct or affecting the liability of or affording protection to the Trustee shall be subject to the provisions of this Section. 

(a) Except during the continuance of an Event of Default, in the absence of bad faith on its part, the Trustee may
conclusively rely, as to the truth of the statements and the correctness of the opinions expressed therein, upon certificates or opinions furnished to the Trustee and conforming to the requirements of this Indenture; but in the case of any such
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furnished to the Trustee, the Trustee shall be under a duty to examine the same to determine whether or not they conform to the requirements of this Indenture (but need not confirm or investigate
the accuracy of mathematical calculations or other facts stated therein). 
 (b) In case an Event of Default has
occurred and is continuing, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in their exercise, as a prudent person would exercise or use under the circumstances in
the conduct of his or her own affairs. 
 (c) No provision of this Indenture shall be construed to relieve the
Trustee from liability for its own negligent action, its own negligent failure to act, or its own willful misconduct, except that 
 (i) this clause (c) shall not be construed to limit the effect of clause (a) of this Section; 

(ii) the Trustee shall not be liable for any error of judgment made in good faith by a Responsible Officer, unless it
shall be proved that the Trustee was negligent in ascertaining the pertinent facts; and 
 (iii) the Trustee
shall not be liable with respect to any action taken or omitted to be taken by it in good faith in accordance with the direction of the Holders of a majority in principal amount of the Outstanding Debt Securities of any series, relating to the time,
method and place of conducting any proceeding for any remedy available to the Trustee, or exercising any trust or power conferred upon the Trustee, under this Indenture with respect to the Debt Securities of such series. 

SECTION 8.02 Reliance on Documents, Opinions, etc. Subject to the provisions of
Section 8.01, 
 (a) the Trustee may conclusively rely and shall be protected in acting or refraining
from acting upon any resolution, certificate, statement, instrument, opinion, report, notice, request, direction, consent, order, bond, debenture, note or other paper document believed by it to be genuine and to have been signed or presented by the
proper party or parties; 
 (b) any request, direction, order or demand of the Company mentioned herein shall be
sufficiently evidenced by an Officers’ Certificate (unless otherwise evidence in respect thereof be herein specifically prescribed); and any resolution of the Board of Directors may be evidenced to the Trustee by a copy thereof certified by the
Secretary or an Assistant Secretary of the Company; 
 (c) the Trustee may consult with counsel of its selection
and the advice of such counsel or any Opinion of Counsel shall be full and complete authorization and protection in respect of any action taken, suffered or omitted by it hereunder in good faith and in accordance with such advice or Opinion of
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 (d) the Trustee shall be under no obligation to exercise any of the rights
or powers vested in it by this Indenture at the request, order or direction of any of the Holders, pursuant to the provisions of this Indenture, unless such Holders shall have offered to the Trustee security or indemnity satisfactory to the Trustee
against the costs, expenses and liabilities which may be incurred therein or thereby; 
 (e) the Trustee shall
not be liable for any action taken, suffered or omitted by it in good faith and believed by it to be authorized or within the discretion or rights or powers conferred upon it by this Indenture; 

(f) prior to the occurrence of an Event of Default with respect to the Debt Securities of any series and after the curing
or waiving of all Events of Default with respect to such Debt Securities, the Trustee shall not be bound to make any investigation into the facts or matters stated in any resolution, certificate, statement, instrument, opinion, report, notice,
request, consent, order, approval, bond, debenture, note, or other paper or document, but the Trustee, in its discretion, may make such further inquiry or investigation as it may see fit, and, if the Trustee shall determine to make such further
inquiry or investigation, it shall be entitled to examine the books, records and premises of the Company, personally or by agent or attorney at the sole cost of the Company and shall incur no liability or additional liability of any kind by reason
of such inquiry or investigation; 
 (g) the Trustee may execute any of the trusts or powers hereunder or perform
any duties hereunder either directly or by or through agents or attorneys, and the Trustee shall not be liable or responsible for any willful misconduct or negligence on the part of any agent or attorney appointed with due care by it hereunder;

 (h) the Trustee shall not be deemed to have knowledge of any default or Event of Default unless a Responsible
Officer of the Trustee has actual knowledge thereof or unless written notice of any event which is in fact such a default or Event of Default is received by the Trustee at the Corporate Trust Office of the Trustee, and such notice references the
Debt Securities and this Indenture; 
 (i) whenever in the administration of this Indenture the Trustee shall
deem it desirable that a matter be proved or established prior to taking, suffering or omitting any action hereunder, the Trustee (unless other evidence be herein specifically prescribed) may, in the absence of bad faith on its part, conclusively
rely upon an Officers’ Certificate; 
 (j) in no event shall the Trustee be responsible or liable for
special, indirect, or consequential loss or damage of any kind whatsoever (including, but not limited to, loss of profit) irrespective of whether the Trustee has been advised of the likelihood of such loss or damage and regardless of the form of
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 (k) the rights, privileges, protections, immunities and benefits given to
the Trustee, including, without limitation, its right to be indemnified, are extended to, and shall be enforceable by, the Trustee in each of its capacities hereunder, and each agent, custodian and other Person employed to act hereunder; and

 (l) the Trustee may request that the Company deliver a certificate setting forth the names of individuals
and/or titles of officers authorized at such time to take specified actions pursuant to this Indenture. 
 
SECTION 8.03 No Responsibility for Recitals, etc. The recitals contained herein and in the Debt Securities (except in the Trustee’s certificate of authentication) shall be taken as the statements of the Company, and the Trustee
assumes no responsibility for the correctness of the same. The Trustee makes no representations as to the validity or sufficiency of this Indenture or of the Debt Securities of any series. The Trustee represents that it is duly authorized to execute
and deliver this Indenture and perform its obligations hereunder. Neither the Trustee nor the Authenticating Agent shall be accountable for the use or application by the Company or any Debt Securities or the proceeds of any Debt Securities
authenticated and delivered by the Trustee in conformity with the provisions of this Indenture. 

SECTION 8.04 Trustee and Agents May Own Debt Securities. The Trustee, any paying agent, or any agent
of the Trustee or the Company under this Indenture, in its individual or any other capacity, may become the owner or pledgee of Debt Securities of any series with the same rights it would have if it were not Trustee or such agent and, subject to
Sections 8.08 and 8.13, if operative, may otherwise deal with the Company and receive, collect, hold, and retain collections from the Company with the same rights it would have if it were not the Trustee or such agent. 

SECTION 8.05 Moneys to be Held in Trust. Subject to the provisions of Section 13.04, all
moneys received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received, but need not be segregated from other funds except to the extent required by law. Neither the Trustee nor
any paying agent shall be under any liability for interest on any moneys received by it hereunder except such as it may agree with the Company to pay thereon. So long as no Event of Default with respect to the Debt Securities of any series shall
have occurred and be continuing, all interest allowed on any such moneys shall be paid from time to time upon the written order of the Company, signed by its President, its Chief Financial Officer, any Vice President, its Treasurer or an Assistant
Treasurer. 
 SECTION 8.06 Compensation and Expenses of Trustee. The Company covenants and
agrees to pay to the Trustee from time to time, and the Trustee shall be entitled to, reasonable compensation (which shall not be limited by any provision of law in regard to the compensation of a trustee of an express trust), and the Company will
pay or reimburse the Trustee upon its request for all expenses, disbursements and advances incurred or made by the Trustee in accordance with any of the provisions of this Indenture (including the reasonable compensation and the expenses and
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its employ and any amounts paid by the Trustee to any Authenticating Agent pursuant to Section 8.14) except any such expense, disbursement or advance as may arise from its negligence
or bad faith. The Company also covenants to indemnify the Trustee for, and to hold it harmless against, any loss, liability, claim, damage or expense incurred without negligence or willful misconduct on the part of the Trustee and arising out of or
in connection with the acceptance or administration of this trust, or the performance of its duties hereunder, including the current payment of all costs and expenses of defending itself against any claim of liability in the premises. The
obligations of the Company under this Section 8.06 to compensate and indemnify the Trustee and to pay or reimburse the Trustee for expenses, disbursements and advances shall constitute additional indebtedness hereunder and shall survive
the termination and discharge of this Indenture. Such additional indebtedness shall be secured by a lien prior to that of the Debt Securities upon all property and funds held or collected by the Trustee as such, except funds held in trust for the
benefit of the Holders of particular Debt Securities. When the Trustee incurs expenses or renders services in connection with an Event of Default, the expenses (including the reasonable charges and expenses of its counsel) and the compensation for
the services are intended to constitute expenses of administration under any applicable Federal or state bankruptcy, insolvency or other similar law. 
 SECTION 8.07 Officers’ Certificate as Evidence. Subject to the provisions of Section 8.01, whenever in the administration of the provisions of this
Indenture the Trustee shall deem it necessary or desirable that a matter be proved or established prior to taking or omitting any action hereunder, such matter (unless other evidence in respect thereof be herein specifically prescribed) may, in the
absence of negligence or willful misconduct on the part of the Trustee, be deemed to be conclusively proved and established by an Officers’ Certificate delivered to the Trustee, and such Officers’ Certificate, in the absence of negligence
or willful misconduct on the part of the Trustee, shall be full warrant to the Trustee for any action taken or omitted by it under the provisions of this Indenture upon the faith thereof. 

SECTION 8.08 Conflicting Interest of Trustee. If the Trustee has or shall acquire any conflicting
interest within the meaning of the Trust Indenture Act of 1939, the Trustee shall either eliminate such conflicting interest or resign in the manner provided by, and subject to the provisions of, the Trust Indenture Act of 1939 and this Indenture.

 SECTION 8.09 Eligibility of Trustee. There shall at all times be a Trustee with respect
to each series of Debt Securities hereunder which shall be a Person organized and doing business under the laws of the United States or any state or territory thereof or of the District of Columbia authorized under such laws to exercise trust
powers, having a combined capital and surplus of at least $50,000,000, subject to supervision or examination by Federal, state, territorial, or District of Columbia authority and willing to act as Trustee hereunder. If such Person publishes reports
of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purposes of this Section 8.09, the combined capital and surplus of such Person shall be deemed to be
its combined capital and surplus as set forth in its most recent report of condition so published. In case at any time the Trustee with respect to any series of Debt Securities shall cease to be eligible in accordance with the provisions of this
Section 8.09, such Trustee shall resign immediately in the manner and with the effect specified in Section 8.10. 

  
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 SECTION 8.10 Resignation or Removal of Trustee.

 (a) The Trustee may at any time resign with respect to any series of Debt Securities by giving written notice
by first class mail of such resignation to the Company and to the Holders of such series of Debt Securities at their addresses as they shall appear on the Debt Security Register. Upon receiving such notice of resignation, the Company shall promptly
appoint a successor trustee with respect to such series by written instrument, in duplicate, executed by order of the Board of Directors, one copy of which instrument shall be delivered to the resigning Trustee and one copy to the successor trustee.
If no successor trustee with respect to such series shall have been so appointed and have accepted appointment within 60 days after the mailing of such notice of resignation to the Holders, the resigning Trustee may petition at the expense of the
Company any court of competent jurisdiction for the appointment of a successor trustee, or any Holder of such series of Debt Securities who has been a bona fide Holder of a Debt Security or Debt Securities of such series for at least six months may,
subject to the provisions of Section 7.09, on behalf of such Holder and all others similarly situated, petition any such court for the appointment of a successor trustee with respect to such series. Such court may thereupon, after such
notice, if any, as it may deem proper and prescribe, appoint such successor trustee. 
 (b) In case at any time
any of the following shall occur— 
 (i) the Trustee shall fail to comply with the provisions of
Section 8.08 after written request therefor by the Company or by any Holder who has been a bona fide Holder of a Debt Security or Debt Securities of such series for at least six months, unless the Trustee’s duty to resign is stayed
in accordance with the provisions of Section 310(b) of the Trust Indenture Act of 1939, or 
 (ii) the
Trustee shall cease to be eligible in accordance with the provisions of Section 8.09 and shall fail to resign after written request therefor by the Company or by any such Holder of a note of such series, or 

(iii) the Trustee shall become incapable of acting with respect to any series of Debt Securities, or shall be adjudged a
bankrupt or insolvent, or a receiver of the Trustee or of its property shall be appointed, or any public officer shall take charge or control of the Trustee or of its property or affairs for the purpose of rehabilitation, conservation or
liquidation, 
 then, in any such case, the Company may remove the Trustee with respect to such series and appoint a successor trustee for such
series by written instrument, in duplicate, executed on instruction of the President, the Chief Financial Officer, the Treasurer, any Vice President or the General Counsel of the Company, one copy of which instrument shall be delivered to the
Trustee so removed and one copy to the successor trustee, or, subject to the provisions of Section 7.09, 

  
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any Holder who has been a bona fide Holder of a Debt Security or Debt Securities of such series for at least six months may, on behalf of such Holder and all others similarly situated, petition
any court of competent jurisdiction for the removal of the Trustee and the appointment of a successor trustee with respect to such series. Such court may thereupon, after such notice, if any, as it may deem proper and prescribe, remove such Trustee
and appoint such successor trustee. 
 (c) The Holders of a majority in aggregate principal amount of the
Outstanding Debt Securities of any series may at any time remove the Trustee with respect to such series by delivering to the Trustee so removed, to the successor trustee so appointed and to the Company the evidence provided for in
Section 9.01 of the action in that regard taken by the Holders, and nominate a successor Trustee which shall be deemed appointed as successor Trustee unless within ten days after such nomination the Company objects thereto, in which case
the Trustee so removed or any Holder of a Debt Security or Debt Securities of such series, upon the terms and conditions and otherwise as in subsection (a) of this Section 8.10 provided, may petition any court of competent
jurisdiction for an appointment of a successor Trustee with respect to such series. 
 (d) Any resignation or
removal of the Trustee with respect to all or any series of Debt Securities and any appointment of a successor Trustee pursuant to any of the provisions of this Section 8.10 shall become effective upon acceptance of appointment by the
successor Trustee as provided in Section 8.11. 
 SECTION 8.11 Acceptance by
Successor Trustee. Any successor Trustee appointed as provided in Section 8.10 shall execute, acknowledge and deliver to the Company and to its predecessor Trustee an instrument accepting such appointment hereunder, and thereupon the
resignation or removal of the predecessor Trustee shall become effective with respect to all or any series as to which it is resigning as Trustee, and such successor Trustee, without any further act, deed or conveyance, shall become vested with all
the rights, powers, duties and obligations of its predecessor hereunder with respect to all or any such series, with like effect as if originally named as Trustee herein with respect to all or any such series; nevertheless, on the written request of
the Company or of the successor Trustee, the Trustee ceasing to act shall, upon payment of any amounts then due it pursuant to the provisions of Section 8.06, execute and deliver an instrument transferring to such successor Trustee all
the rights and powers of the Trustee with respect to all or any such series so ceasing to act. Upon request of any such successor Trustee, the Company shall execute any and all instruments in writing for more fully and certainly vesting in and
confirming to such successor Trustee all such rights and powers. Any Trustee ceasing to act shall, nevertheless, retain a lien upon all property or funds held or collected by such Trustee with respect to all or any series as to which it is resigning
as Trustee, to secure any amounts and shall be entitled to any indemnities then due it pursuant to the provisions of Section 8.06. 
 No successor Trustee shall accept appointment as provided in this Section 8.11 unless at the time of such acceptance such successor Trustee shall be qualified under the provisions of
Section 8.08 and eligible under the provisions of Section 8.09. 

  
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 Upon acceptance of appointment by a successor Trustee with respect to all or any series of
Debt Securities as provided in this Section 8.11, the Company shall mail notice of the succession of such Trustee hereunder to the Holders of Debt Securities of such series at their addresses as they shall appear on the Debt Security
Register. If the Company fails to mail such notice within ten days after acceptance of appointment by the successor Trustee, the successor Trustee shall cause such notice to be mailed at the expense of the Company. 

In case the appointment hereunder of a successor Trustee with respect to the Debt Securities of one or more (but not all) series, the
Company, the retiring Trustee and each successor Trustee with respect to the Debt Securities of any applicable series shall execute and deliver an indenture supplemental hereto which shall contain such provisions as shall be deemed necessary or
desirable to confirm that all the rights, powers, trusts and duties of the retiring Trustee with respect to the Debt Securities of any series as to which the retiring Trustee is not retiring shall continue to be vested in the retiring Trustee, and
shall add to or change any of the provisions of this Indenture as shall be necessary to provide for or facilitate the administration of the trusts hereunder by more than one Trustee, it being understood that nothing herein or in such supplemental
indenture shall constitute such Trustees co-trustees of the same trust and that each such Trustee shall be Trustee of a trust or trusts hereunder separate and apart from any trust or trusts hereunder administered by any other such Trustee.

 SECTION 8.12 Succession by Merger, etc. Subject to Sections 8.08 and 8.09,
any Person into which the Trustee may be merged or converted or with which it may be consolidated, or any Person resulting from any merger, conversion or consolidation to which the Trustee shall be a party, or any Person succeeding to the trust
business of the Trustee, shall be the successor of the Trustee hereunder without the execution or filing of any paper or any further act on the part of any of the parties hereto. 

In case at the time any successor to the Trustee shall succeed to the trusts created by this Indenture any of the Debt Securities shall
have been authenticated but not delivered, any such successor to the Trustee may adopt the certificate of authentication of any predecessor Trustee, and deliver such Debt Securities so authenticated; and in case at that time any of the Debt
Securities shall not have been authenticated, any successor to the Trustee may authenticate such Debt Securities either in the name of such successor Trustee or, if such successor Trustee is a successor by merger, conversion or consolidation, the
name of any predecessor hereunder; and in all such cases such certificate shall have the full force which it is anywhere in the Debt Securities or in this Indenture provided that the certificate of the Trustee shall have. 

SECTION 8.13 Limitation on Rights of Trustee as a Creditor. If and when the Trustee shall be or
become a creditor of the Company (or any other obligor upon the Debt Securities), the Trustee shall be subject to the provisions of the Trust Indenture Act of 1939 regarding the collection of claims against the Company (or any such other obligor).

  
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 SECTION 8.14 Authenticating Agents. There may be an
Authenticating Agent or Authenticating Agents appointed by the Trustee from time to time with power to act on its behalf and subject to its direction in the authentication and delivery of any series of Debt Securities issued upon original issuance,
exchange, transfer or redemption thereof as fully to all intents and purposes as though such Authenticating Agent (or Authenticating Agents) had been expressly authorized to authenticate and deliver such Debt Securities, and Debt Securities so
authenticated shall be entitled to the benefits of this Indenture and shall be valid and obligatory for all purposes as though authenticated by the Trustee hereunder. For all purposes of this Indenture, the authentication and delivery of Debt
Securities by any Authenticating Agent pursuant to this Section 8.14 shall be deemed to be the authentication and delivery of such Debt Securities “by the Trustee”, and whenever this Indenture provides that “the Trustee
shall authenticate and deliver” Debt Securities or that Debt Securities “shall have been authenticated and delivered by the Trustee”, such authentication and delivery by any Authenticating Agent shall be deemed to be authentication
and delivery by the Trustee. Any such Authenticating Agent shall at all times be a Person organized and doing business under the laws of the United States of America or of any State or Territory or the District of Columbia, with a combined capital
and surplus of at least $50,000,000 and authorized under such laws to act as an authenticating agent, duly registered to act as such, if and to the extent required by applicable law and subject to supervision or examination by Federal or State
authority. If such Person publishes reports of its condition at least annually pursuant to law or the requirements of such authority, then for the purposes of this Section 8.14 the combined capital and surplus of such Person shall be
deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If at any time an Authenticating Agent shall cease to be eligible in accordance with the provisions of this Section 8.14, or
to be duly registered if and to the extent required by applicable law and regulations, it shall resign immediately in the manner and with the effect herein specified in this Section 8.14. 

Whenever reference is made in this Indenture to the authentication and delivery of Debt Securities of any series by the Trustee or the
Trustee’s certificate of authentication, such reference shall be deemed to include authentication and delivery on behalf of the Trustee by its Authenticating Agent appointed with respect to the Debt Securities of such series and a certificate
of authentication executed on behalf of the Trustee by its Authenticating Agent appointed with respect to the Debt Securities of such series. 
 Any Person into which any Authenticating Agent may be merged or converted or with which it may be consolidated, or any Person resulting from any merger, consolidation or conversion to which any
Authenticating Agent shall be a party, or any Person succeeding to the authenticating agency business of any Authenticating Agent, shall be the successor of such Authenticating Agent hereunder, if such successor Person is otherwise eligible under
this Section 8.14, without the execution or filing of any paper or any further act on the part of the parties hereto or such Authenticating Agent or such successor Person. 

In case at the time such successor to any such agency shall succeed to such agency any of the Debt Securities shall have been
authenticated but not delivered, any such successor to such Authenticating Agent may adopt the certificate of authentication of any predecessor Authenticating Agent and deliver such Debt Securities so authenticated; and in case

  
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at that time any of the Debt Securities shall not have been authenticated, any successor to any Authenticating Agent may authenticate such Debt Securities either in the name of any predecessor
hereunder or in the name of the successor Authenticating Agent; and in all cases such certificate shall have the full force which it has anywhere in the Debt Securities or in this Indenture provided that the certificate of the predecessor
Authenticating Agent shall have had such force; provided, however, that the right to adopt the certificate of authentication of any predecessor Authenticating Agent or to authenticate Debt Securities in the name of any predecessor
Authenticating Agent shall apply only to its successor or successors by merger, conversion or consolidation. 
 Any
Authenticating Agent may at any time resign as Authenticating Agent with respect to any series of Debt Securities by giving written notice of resignation to the Trustee and to the Company. The Trustee may at any time terminate the agency of any
Authenticating Agent with respect to any series of Debt Securities by giving written notice of termination to such Authenticating Agent and to the Company. Upon receiving such a notice of resignation or upon such a termination, or in case at any
time Authenticating Agent shall cease to be eligible under this Section 8.14, the Trustee may, and shall, upon written request of the Company, promptly use its best efforts to appoint a successor Authenticating Agent. 

Upon the appointment, at any time after the original issuance of any of the Debt Securities, of any successor, additional or new
Authenticating Agent, the Trustee shall give written notice of such appointment to the Company and shall at the expense of the Company mail notice of such appointment to all Holders of Debt Securities of such series as the names and addresses of
such Holders appear on the Debt Security Register. 
 Any successor Authenticating Agent with respect to any series of Debt
Securities upon acceptance of its appointment hereunder shall become vested with all the rights, powers and duties of its predecessor hereunder, with like effect as though originally named as an Authenticating Agent herein with respect to such
series. No successor Authenticating Agent shall be appointed unless eligible under the provisions of this Section 8.14 and duly registered if and to the extent required under applicable law and regulations. 

Any Authenticating Agent by the acceptance of its appointment with respect to any series of Debt Securities shall be deemed to have
agreed with the Trustee that: it will perform and carry out the duties of an Authenticating Agent as herein set forth with respect to such series, including among other things the duties to authenticate and deliver Debt Securities when presented to
it in connection with exchanges, registrations of transfer or redemptions thereof; it will keep and maintain, and furnish to the Trustee from time to time as requested by the Trustee appropriate records of all transactions carried out by it as
Authenticating Agent and will furnish the Trustee such other information and reports as the Trustee may reasonably require; it is eligible for appointment as Authenticating Agent under this Section 8.14 and will notify the Trustee
promptly if it shall cease to be so qualified; and it will indemnify the Trustee against any loss, liability or expense incurred by the Trustee and will defend any claim asserted against the Trustee by reason of any acts or failures to act of the
Authenticating Agent with respect to such series but it shall have no liability for any action taken by it at the specific written direction of the Trustee. 

  
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 The Company agrees to pay to each Authenticating Agent from time to time reasonable
compensation and expenses for its services, and the Trustee shall have no liability for such payments. 
 The provisions of
Sections 8.02(a), (b), (c), (e) and (f), 8.03, 8.04, 8.06 (insofar as it pertains to indemnification), 9.01, 9.02 and 9.03 shall bind and inure to the benefit of each
Authenticating Agent to the same extent that they bind and inure to the benefit of the Trustee. 
 If an appointment with
respect to one or more series is made pursuant to this Section 8.14, the Debt Securities of such series may have endorsed thereon, in addition to the Trustee’s certificate of authentication, an alternate certificate of
authentication in the following form: 
 This is one of the Debt Securities of the series designated herein issued under the
within-mentioned Indenture. 
  

									
	 THE BANK OF NEW YORK MELLON
 TRUST COMPANY, N.A., as Trustee
	 		 	 THE BANK OF NEW YORK MELLON
 TRUST COMPANY, N.A., as Trustee

					
	By:	 	 	 	OR	 	By:	 	 
		 	Authorized Signatory	 		 		 	as Authenticating Agent

 Dated: 

			
	
		
	By:	 	 
		 	Authorized Signatory
	    Dated:	 	

 ARTICLE NINE. CONCERNING THE HOLDERS 

SECTION 9.01 Action by Holders. Whenever in this Indenture it is provided that the Holders of a
specified percentage in aggregate principal amount of the Debt Securities of any series may take any action (including the making of any demand or request, the giving of any notice, consent or waiver or the taking of any other action) the fact that
at the time of taking any such action the Holders of such specified percentage of such series have joined therein may be evidenced (a) by any instrument or any number of instruments of similar tenor executed by Holders of such series in person
or by agent or proxy appointed in writing, or (b) by the record of the Holders of such series voting in favor thereof at any meeting of such Holders duly called and held in accordance with the provisions of Article Ten, or
(c) by a combination of such instrument or instruments and any such record of such a meeting of Holders of such series. 

  
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 SECTION 9.02 Proof of Execution by Holders. Subject to
the provisions of Sections 8.01, 8.02 and 10.05, proof of the execution of any instrument by a Holder or such Holder’s agent or proxy shall be sufficient if made in accordance with such reasonable rules and regulations as
may be prescribed by the Trustee or in such manner as shall be satisfactory to the Trustee. The ownership of Debt Securities shall be provided by the Debt Security Register or by a certificate of the Debt Security registrar with respect to a series
of Debt Securities. The record of any Holders’ meeting shall be proved in the manner provided in Section 10.06. 
 SECTION 9.03 Who Are Deemed Absolute Owners. The Company, the Trustee with respect to a series of Debt Securities, and any agent of the Trustee or the Company under
this Indenture may deem the Person in whose name such Debt Security shall be registered upon the Debt Security Register to be, and may treat such Person as, the absolute owner of such Debt Security (whether or not such Debt Security shall be overdue
and notwithstanding any notation of ownership or other writing thereon made by anyone other than the Company, the Trustee or any such agent) for the purpose of receiving payment of or on account of the principal of and premium, if any, and interest
on such Debt Security and for all other purposes; and neither the Company nor the Trustee nor any such agent shall be affected by any notice to the contrary. All such payments so made to any Holder for the time being or upon such Holder’s order
shall, to the extent of the sum or sums so paid, be effectual to satisfy and discharge the liability for moneys payable upon any such Debt Security. 
 SECTION 9.04 Company-Owned Debt Securities Disregarded. In determining whether the Holders of the requisite aggregate principal amount of Debt Securities of any series
have concurred in any direction or consent under this Indenture, Debt Securities of such series which are owned by the Company or any other obligor on the Debt Securities of such series or by any Person directly or indirectly controlling or
controlled by or under direct or indirect common control with the Company or any other obligor on such Debt Securities shall be disregarded and deemed not to be Outstanding for the purpose of any such determinations; provided, however, that
for the purposes of determining whether the Trustee shall be protected in relying on any such direction or consent only such Debt Securities which the Trustee knows are so owned shall be so disregarded. Debt Securities so owned which have been
pledged in good faith may be regarded as Outstanding notwithstanding this Section 9.04 if the pledgee shall establish to the satisfaction of the Trustee the right of the pledgee to vote such Debt Securities and that the pledgee is not a
Person directly or indirectly controlling or controlled by or under direct or indirect common control with the Company or any such other obligor. Upon request of the Trustee, the Company shall furnish to the Trustee promptly an Officers’
Certificate listing and identifying all Debt Securities of a series, if any, known by the Company to be owned or held by or for the account of the Company or any other obligor on such Debt Securities or by any Person directly or indirectly
controlling or controlled by or under direct or indirect common control with the Company or any other obligor on such Debt Securities; and, subject to the provisions of Section 8.01, the Trustee shall be entitled to accept such
Officers’ Certificates as conclusive evidence of the facts therein set forth and of the fact that all such Debt Securities not listed therein are Outstanding for the purpose of any such determination. 

  
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 SECTION 9.05 Revocation of Consents; Future Holders
Bound. At any time prior to (but not after) the evidencing to the Trustee, as provided in Section 9.01, of the taking of any action by the Holders of the percentage in aggregate principal amount of the Debt Securities of any series
specified in this Indenture in connection with such action, any Holder of a Debt Security which is shown by the evidence to be included in the Debt Securities the Holders of which have consented to or are bound by consents to such action, may, by
filing written notice with the Trustee at the Corporate Trust Office and upon proof of holding as provided in Section 9.02, revoke such action so far as concerns such Debt Security. Except as aforesaid any such action taken by the Holder
of any Debt Security shall be conclusive and binding upon such Holder and upon all future Holders and owners of such Debt Security and of any Debt Security issued on transfer thereof or in exchange or substitution therefor, irrespective of whether
or not any notation in regard thereto is made upon any such Debt Security. Any action taken by the Holders of the percentage in aggregate principal amount of the Debt Securities specified in this Indenture in connection with such action shall be
conclusively binding upon the Company, the Trustee and the Holders of all of the Debt Securities affected by such action. 
 
ARTICLE TEN. HOLDERS’ MEETINGS 
 SECTION 10.01 Purposes of Meetings. A meeting
of Holders of the Debt Securities of all or any series may be called at any time and from time to time pursuant to the provisions of this Article Ten for any of the following purposes: 

(a) to give any notice to the Company or to the Trustee with respect to such series, or to give any directions to the
Trustee, or to consent to the waiving of any default hereunder and its consequences, or to take any other action authorized to be taken by Holders pursuant to any of the provisions of Article Seven; 

(b) to remove the Trustee and nominate a successor trustee pursuant to the provisions of Article Eight;

 (c) to consent to the execution of an indenture or indentures supplemental hereto pursuant to the provisions
of Section 11.02; or 
 (d) to take any other action authorized to be taken by or on behalf of the
Holders of any specified aggregate principal amount of the Debt Securities of all or any series, as the case may be, under any other provision of this Indenture or under applicable law. 

SECTION 10.02 Call of Meetings by Trustee. The Trustee may at any time call a meeting of Holders of
Debt Securities of all or any series to take any action specified in Section 10.01, to be held at such time and at such place as the Trustee shall determine. Notice of every meeting of the Holders of Debt Securities of all or any series,
setting forth the time and place of such meeting and in general terms the action proposed to be taken at such meeting, shall be mailed by the Trustee to Holders of Debt Securities of each series that may be affected by the action proposed to be
taken at such meeting at their addresses as they shall appear on the Debt Security Register. Such notice shall be mailed not less than 20 nor more than 90 days prior to the date fixed for the meeting. 

  
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 SECTION 10.03 Call of Meetings by Company or Holders. In
case at any time the Company, pursuant to a resolution by the Board of Directors, or the Holders of at least 10% in aggregate principal amount of the Debt Securities then Outstanding of each series that may be affected by the action proposed to be
taken shall have requested the Trustee to call a meeting of such Holders, by written request setting forth in reasonable detail the action proposed to be taken at the meeting, and the Trustee shall not have mailed the notice of such meeting within
20 days after receipt of such request, then the Company or such Holders may determine the time and place for such meeting and may call such meeting to take any action authorized in Section 10.01, by mailing notice thereof as provided in
Section 10.02. 
 SECTION 10.04 Qualifications for Voting. To be entitled to
vote at any meeting of Holders of Debt Securities a person shall (a) be a Holder of one or more Debt Securities of a series affected by the action proposed to be taken or (b) be a Person appointed by an instrument in writing as proxy by a
Holder of one or more such Debt Securities. The rights of Holders of Debt Securities to have their votes counted shall be subject to the provisions in the definition of “Outstanding” in Section 1.01. The only Persons who shall
be entitled to be present or to speak at any meeting of Holders of Debt Securities shall be the Persons entitled to vote at such meeting and their counsel, any representatives of the Trustee and its counsel and any representatives of the Company and
its counsel. 
 SECTION 10.05 Regulations. Notwithstanding any other provisions of this
Indenture, the Trustee may make such reasonable regulations as it may deem advisable for any meeting of Holders of Debt Securities, in regard to proof of the holding of Debt Securities and of the appointment of proxies, and in regard to the
appointment and duties of inspectors of votes, the submission and examination of proxies, certificates and other evidence of the right to vote, and such other matters concerning the conduct of the meeting as it shall think fit. Except as otherwise
permitted or required by any such regulation, the holding of Debt Securities shall be proved in the manner specified in Section 9.02 and the appointment of any proxy shall be proved in the manner specified in said
Section 9.02 or by having the signature of the Person executing the proxy witnessed or guaranteed by any bank, broker or trust company. 
 The Trustee shall, by an instrument in writing, appoint a temporary chairman of the meeting, unless the meeting shall have been called by the Company or by Holders of Debt Securities as provided in
Section 10.03, in which case the Company or the Holders of Debt Securities calling the meeting, as the case may be, shall in like manner appoint a temporary chairman. A permanent chairman and a secretary of the meeting shall be elected
by vote of the Holders of a majority in aggregate principal amount of the Debt Securities represented at the meeting and entitled to vote. 

  
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 Subject to the provisions of Section 9.04, at any meeting each Holder of a Debt
Security of a series entitled to vote at such meeting or proxy shall be entitled to one vote for each $1,000 principal amount of Debt Securities of such series held or represented by such Holder; provided, however, that no vote shall be cast
or counted at any meeting in respect of any Debt Security challenged as not Outstanding and ruled by the chairman of the meeting to be not Outstanding. The chairman of the meeting shall have no right to vote except as a Holder of Debt Securities of
such series or proxy therefor. Any meeting of Holders of Debt Securities duly called pursuant to the provisions of Section 10.02 or 10.03 may be adjourned from time to time and the meeting may be held as so adjourned without
further notice. 
 At any meeting of Holders of Debt Securities, the presence of Persons holding or representing Debt Securities
in an aggregate principal amount sufficient to take action upon the business for the transaction of which such meeting was called shall be necessary to constitute a quorum; but, if less than quorum be present, the Persons holding or representing a
majority of the Debt Securities represented at the meeting may adjourn such meeting with the same effect, for all intents and purposes, as though a quorum had been present. 
 SECTION 10.06 Voting. The vote upon any resolution submitted to any meeting of Holders of Debt Securities shall be by written ballots on which shall be subscribed the
signatures of the Holders of Debt Securities entitled to vote at such meeting or of their representatives by proxy, and the letter or letters, serial number or numbers or other distinguishing marks of the Debt Securities held or represented by each
such Holder. The permanent chairman of the meeting shall appoint two inspectors of votes who shall count all votes cast at the meeting for or against any resolution and who shall make and file with the secretary of the meeting their verified written
reports in duplicate of all votes cast at the meeting. A record in duplicate of the proceedings of each meeting of Holders of Debt Securities shall be prepared by the secretary of the meeting and there shall be attached to said record the original
reports of the inspectors of votes on any vote by ballot taken thereat and affidavits by one or more persons having knowledge of the facts setting forth a copy of the notice of the meeting and showing that said notice was mailed as provided in
Section 10.02. The record shall be signed and verified by the affidavits of the permanent chairman and secretary of the meeting and one of the duplicates shall be delivered to the Company and the other to the Trustee to be preserved by
the Trustee, the latter to have attached thereto the ballots voted at the meeting. Any record so signed and verified shall be conclusive evidence of the matters therein stated. 

SECTION 10.07 No Delay of Rights by Meeting. Nothing in this Article Ten contained shall
be deemed or construed to authorize or permit, by reason of any call of a meeting of Holders of Debt Securities of any or all series or any rights expressly or impliedly conferred hereunder to make such call, any hindrance or delay in the exercise
of any right or rights conferred upon or reserved to the Trustee or to the Holders of Debt Securities under any of the provisions of this Indenture or of the Debt Securities. 
 ARTICLE ELEVEN. SUPPLEMENTAL INDENTURES 
 
SECTION 11.01 Supplemental Indentures without Consent of Holders. The Company, when authorized by a Board Resolution, and the Trustee may from time to time and at any time enter into an indenture or indentures supplemental hereto (which
shall conform to the provisions of the Trust Indenture Act of 1939 as in force at the date of the execution thereof) for one or more of the following purposes: 

  
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 (a) to evidence the succession of another Person to the Company, or
successive successions, and the assumption by the successor Person of the covenants, agreements and obligations of the Company pursuant to Articles Five and Twelve hereof; 

(b) to add to the covenants of the Company such further covenants, restrictions, conditions or provisions as the Board of
Directors shall consider to be for the protection of the Holders of Debt Securities of any or all series, and to make the occurrence, or the occurrence and continuance, of a default in any of such additional covenants, restrictions, conditions or
provisions a default or an Event of Default with respect to such series permitting the enforcement of all or any of the several remedies provided in this Indenture as herein set forth; provided, however, that in respect of any such additional
covenant, restriction or condition, such supplemental indenture may provide for a particular period of grace after default (which period may be shorter or longer than that allowed in the case of other defaults) or may provide for an immediate
enforcement upon such default or may limit the remedies available to the Trustee upon such default; 
 (c) to
cure any ambiguity or to correct or supplement any provision contained herein or in any supplemental indenture which may be defective or inconsistent with any other provision contained herein or in any supplemental indenture or to make any changes
hereto that are required by law; 
 (d) to secure the Debt Securities of all series in accordance with the
provisions of Section 5.05; 
 (e) to convey, transfer, assign, mortgage or pledge any property to or
with the Trustee; 
 (f) to make such other provisions in regard to matters or questions arising under this
Indenture as shall not adversely affect the interests of the Holders of the Debt Securities; 
 (g) to evidence
and provide for the acceptance of appointment by another Person as a successor Trustee hereunder with respect to one or more series of Debt Securities and to add to or change any of the provisions of this Indenture as shall be necessary to provide
for or facilitate the administration of the trusts hereunder by more than one Trustee, pursuant to Section 8.11; 
 (h) to modify, amend or supplement this Indenture in such a manner as to permit the qualification of any indenture supplemental hereto under the Trust Indenture Act of 1939 as then in effect, except that
nothing herein contained shall permit or authorize the inclusion in any indenture supplemental hereto of the provisions referred to in Section 316(a)(2) of the Trust Indenture Act of 1939; 

  
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 (i) to provide for the issuance under this Indenture of Debt Securities in
coupon form (including Debt Securities registrable as to principal only) and to provide for exchangeability of such Debt Securities with Debt Securities of the same series issued hereunder in fully registered form and to make all appropriate changes
for such purpose; 
 (j) to change or eliminate any of the provisions of this Indenture, provided, however,
that any such change or elimination shall become effective only when there is no Debt Security Outstanding of any series created prior to the execution of such supplemental indenture which is entitled to the benefit of such provision; or

 (k) to establish any additional form of Debt Security, as permitted by Section 2.02, and to
provide for the issuance of any additional series of Debt Securities, as permitted by Section 3.01, and to set forth the terms thereof. 
 The Trustee is hereby required to join with the Company in the execution of any such supplemental indenture, to make any further appropriate agreements and stipulations which may be therein contained and
to accept the conveyance, transfer, assignment, mortgage or pledge of any property thereunder, but the Trustee shall not be obligated to enter into any such supplemental indenture which affects the Trustee’s own rights, duties or immunities
under this Indenture or otherwise. Any supplemental indenture authorized by the provisions of this Section 11.01 may be executed by the Company and the Trustee without the consent of the Holders of any of the Debt Securities at the time
Outstanding, notwithstanding any of the provisions of Section 11.02. 
 SECTION 11.02
Supplemental Indentures with Consent of Holders. With the consent (evidenced as provided in Section 9.01) of the Holders of greater than 50% in aggregate principal amount of the Outstanding Debt Securities of each series affected
by such supplemental indenture (all such Holders voting as a single class), by act of said Holders delivered to the Company and the Trustee, the Company, when authorized by a Board Resolution, and the Trustee may from time to time and at any time
enter into an indenture or indentures supplemental hereto for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of this Indenture or of any supplemental indenture or of modifying in any manner the
rights of the Holders of the Debt Securities of each series under this Indenture; provided, however, that no such supplemental indenture shall, without the consent of the Holders of all of the Outstanding Debt Securities of each series
affected, (i) extend the fixed maturity of any Debt Security of such series, or reduce the rate or extend the time of payment of interest thereon, or reduce the principal amount thereof or any premium thereon, or make the principal thereof or
interest or premium thereon payable in any coin or currency other than that provided in the Debt Securities of such series or (ii) reduce the aforesaid percentage of Debt Securities of a series, the Holders of which are required to consent
(a) to any such supplemental indenture, (b) to rescind and annul a declaration that any Debt Securities of such series are due and payable 

  
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as a result of the occurrence of an Event of Default, (c) to waive any past default under the Indenture and its consequences or (d) to waive compliance with Sections 5.02,
5.04 (other than 5.04(a)(1) and (2)) to 5.08, inclusive, or with any additional covenant, agreement or condition contained in a Board Resolution or Officers’ Certificate establishing such series of Debt
Securities, any indenture supplemental hereto applicable to such series or any Debt Security of such series. 
 Upon the request
of the Company, accompanied by a copy of a Board Resolution certified by its Secretary or Assistant Secretary authorizing the execution of any such supplemental indenture, and upon the filing with the Trustee of evidence of the consent of Holders of
Debt Securities as aforesaid, the Trustee shall join with the Company in the execution of such supplemental indenture unless such supplemental indenture affects the Trustee’s own rights, duties or immunities under this Indenture or otherwise,
in which case the Trustee may in its discretion, but shall not be obligated to, enter into such supplemental indenture. 
 It
shall not be necessary for the consent of the Holders of Debt Securities under this Section 11.02 to approve the particular form of any proposed supplemental indenture, but it shall be sufficient if such consent shall approve the
substance thereof. 
 SECTION 11.03 Effect of Supplemental Indentures. Upon the execution of
any supplemental indenture pursuant to the provisions of this Article Eleven, this Indenture shall be and be deemed to be modified and amended in accordance therewith and the respective rights, limitation of rights, obligations, duties
and immunities under this Indenture of the Trustee, the Company and the Holders of Debt Securities shall thereafter be determined, exercised and enforced hereunder subject in all respects to such modifications and amendments and all the terms and
conditions of any such supplemental indenture shall be and be deemed to be part of the terms and conditions of this Indenture for any and all purposes. 
 SECTION 11.04 Notation on Debt Securities. Debt Securities authenticated and delivered after the execution of any supplemental indenture pursuant to the provisions of
this Article Eleven may bear a notation in form approved by the Trustee as to any matter provided for in such supplemental indenture. If the Company or the Trustee shall so determine, new Debt Securities of any series so modified as to
conform, in the opinion of the Trustee and the Board of Directors to any modification of this Indenture contained in any such supplemental indenture may be prepared and executed by the Company, authenticated by the Trustee and delivered in exchange
for the Outstanding Debt Securities of such series. 
 SECTION 11.05 Evidence of Compliance of
Supplemental Indenture to be Furnished Trustee. The Trustee, subject to the provisions of Sections 8.01 and 8.02, shall receive, and shall be fully protected in relying upon, an Officers’ Certificate and an Opinion of
Counsel as conclusive evidence that any supplemental indenture executed pursuant hereto complies with the requirements of this Article Eleven and is authorized and permitted by this Indenture. 

  
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 ARTICLE TWELVE. CONSOLIDATION, MERGER, SALE AND CONVEYANCE

 SECTION 12.01 Company May Consolidate, etc., on Certain Terms. Nothing contained in
this Indenture or in any of the Debt Securities shall prevent any consolidation or merger of the Company with or into any other Person (whether or not affiliated with the Company), or successive consolidations or mergers in which the Company or its
successor or successors shall be a party or parties, or shall prevent any sale, conveyance or lease of all or substantially all of the property of the Company to any other Person (whether or not affiliated with the Company) authorized to acquire and
operate the same; provided, however, and the Company hereby covenants and agrees, that any such consolidation, merger, sale, conveyance (excluding any pledge) or lease shall be upon the condition that (a) immediately after such
consolidation, merger, sale, conveyance or lease the entity (whether the Company or such other Person) formed by or surviving any such consolidation or merger, or to which such sale, conveyance or lease shall have been made, shall not be in default
in the performance or observance of any of the terms, covenants and conditions of this Indenture to be kept or performed by the Company; (b) the Person (if other than the Company) formed by or surviving any such consolidation or merger or to
which such sale, conveyance or lease shall have been made, shall be a Person organized under the laws of the United States of America or any state thereof; and (c) the due and punctual payment of the principal of and premium, if any, and
interest on all of the Debt Securities, according to their tenor, and the due and punctual performance and observance of all of the covenants and conditions of this Indenture to be performed or observed by the Company, shall be expressly assumed, by
supplemental indenture satisfactory in form to the Trustee, executed and delivered to the Trustee by the Person (if other than the Company) formed by such consolidation, or into which the Company shall have been merged, or by the Person which shall
have acquired or leased such property. 
 SECTION 12.02 Successor Entity to be Substituted.
In case of any such consolidation, merger, sale, conveyance (excluding any pledge) or lease and upon the assumption by the successor Person, by supplemental indenture, executed and delivered to the Trustee and satisfactory in form to the Trustee, of
the due and punctual payment of the principal of and premium, if any, and interest on all of the Debt Securities and the due and punctual performance and observance of all of the covenants and conditions of this Indenture to performed or observed by
the Company, such successor Person shall succeed to and be substituted for the Company, with the same effect as if it had been named herein as the party of the first part, and (except in the event of a conveyance by way of lease) the predecessor
entity shall be relieved of any further obligation under this Indenture and the Debt Securities. Such successor Person thereupon may cause to be signed, and may issue either in its own name or in the name of Harley-Davidson, Inc. any or all of the
Debt Securities issuable hereunder which theretofore shall not have been signed by the Company and delivered to the Trustee; and, upon the order of such successor Person instead of the Company and subject to all the terms, conditions and limitations
in this Indenture prescribed, the Trustee shall authenticate and shall deliver any Debt Securities which previously shall have been signed and delivered by the officers of the Company to the Trustee for authentication, and any Debt Securities which
such successor Person thereafter shall cause to be signed and delivered to the Trustee for that purpose. All the 

  
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Debt Securities of each series so issued shall in all respects have the same legal rank and benefit under this Indenture as the Debt Securities of such series theretofore or thereafter issued in
accordance with the terms of this Indenture as though all of such Debt Securities had been issued at the date of the execution hereof. In case of any such consolidation, merger, sale, conveyance or lease such changes in phraseology and form (but not
in substance) may be made in the Debt Securities thereafter to be issued as may be appropriate. 

SECTION 12.03 Opinion of Counsel to Be Given Trustee. The Trustee, subject to
Sections 8.01 and 8.02, shall be provided with an Opinion of Counsel as conclusive evidence that any such consolidation, merger, sale or conveyance and any such assumption complies with the provisions of this
Article Twelve and that all conditions precedent herein provided relating to such transactions have been complied with. 
 ARTICLE THIRTEEN. SATISFACTION AND DISCHARGE OF INDENTURE 
 SECTION 13.01 Satisfaction, Discharge and Defeasance of Debt Securities of any Series. The Company shall be deemed to have paid and discharged the entire indebtedness
on all the Debt Securities of a series, the provisions of this Indenture (except as to (x) the rights of Holders of Debt Securities of such series to receive, from the money, in the currency required, and Government Obligations deposited with
the Trustee pursuant to Section 13.02(a) or the interest and principal received by the Trustee in respect of such Government Obligations, payment of the principal of (and premium, if any) and any installment of principal of (and premium,
if any) or interest on such Debt Securities on the Stated Maturities thereof or upon the Redemption Dates for Debt Securities required to be redeemed pursuant to any mandatory sinking fund or analogous provisions relating to Debt Securities of that
series or pursuant to any call for redemption relating to Debt Securities of that series, (y) the Company’s rights and obligations with respect to such Debt Securities under Sections 3.06, 3.07, 13.03 and
13.04, 5.02, 5.04, 6.01, 8.06, 8.10, 8.11 and, to the extent applicable to such series, Article Four, so long as the principal of (and premium, if any) and interest on the Debt Securities of
such series remain unpaid and, thereafter, only the Company’s rights and obligations under Sections 5.04, 8.06, 13.03 and 13.04, and (z) the rights, powers, trusts, duties and immunities of the Trustee with
respect to the Debt Securities of such series) as it relates to such Debt Securities shall no longer be in effect, and the Trustee, at the expense of the Company, shall, upon Company Request, execute proper instruments acknowledging the same if:

 (a) (1) all Debt Securities of such series therefore authenticated and delivered (other than
(i) Debt Securities which have been destroyed, lost or stolen and which have been replaced or paid as provided in Section 3.07 and (ii) Debt Securities for whose payment money has theretofore been deposited in trust or
segregated and held in trust by the Company and thereafter repaid to the Company or discharged from such trust, as provided in Sections 13.03 and 13.04) have been delivered to the Trustee for cancellation; (2) the Company has
paid or caused to be paid in the currency required all other sums payable under this Indenture in respect of the Debt Securities of such series; and (3) the Company has delivered to the Trustee an Officers’ Certificate, an Opinion of
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opinion of independent public accountants, each stating that all conditions precedent herein provided for relating to the satisfaction of the entire indebtedness of all Debt Securities of any
such series and the discharge of the Indenture as it relates to such Debt Securities have been complied with; or 

(b) (1) all Debt Securities of such series not theretofore delivered to the Trustee for cancellation (i) have
become due and payable, or (ii) will become due and payable at their Stated Maturity within one year, or (iii) are to be called for redemption within one year under arrangements satisfactory to the Trustee for the giving of notice of
redemption by the Trustee in the name, and at the expense of the Company; (2) the condition described in paragraph (a) of Section 13.02 has been satisfied; and (3) the conditions described in paragraphs
(a)(2) and (a)(3) of this Section 13.01 have been satisfied; or 
 (c) (1) the
conditions referred to in paragraphs (b)(2) and (b)(3) of this Section 13.01 have been satisfied; (2) no Event of Default or event which with notice or lapse of time would become an Event of Default shall have occurred
and be continuing on the date of the deposit referred to in paragraph (a) of Section 13.02 or on the ninety-first day after the date of such deposit; provided, however, that should that condition fail to be satisfied
on or before such ninety-first day, the Trustee shall promptly, upon satisfactory receipt of evidence of such failure, return such deposit to the Company; (3) the Company has either (i) delivered to the Trustee an opinion of counsel of a
nationally-recognized independent tax counsel to the effect that Holders of the Debt Securities of such series will not recognize income, gain or loss for Federal income tax purposes as a result of such deposit and the satisfaction, discharge and
defeasance contemplated by this paragraph (c) of this Section 13.01 and will be subject to Federal income tax on the same amounts and in the same manner and at the same times as would have been the case if such deposit and
defeasance had not occurred or (ii) the Company shall have received from, or there shall have been published by, the United States Internal Revenue Service a ruling to the effect stated in subsection (i) of this
Section 13.01(c)(3); and (4) the Company has received an Opinion of Counsel to the effect that the satisfaction, discharge and defeasance contemplated by this Section 13.01 will not result in the delisting of the Debt
Securities of that series from any nationally-recognized securities exchange on which they are listed. 
 
SECTION 13.02 Defeasance of Debt Securities of any Series. The provisions of this Indenture (except as to (x) the rights of Holders of Debt Securities of any series to receive, from the money, in the currency required, and Government
Obligations deposited with the Trustee pursuant to paragraph (a) below or the interest and principal received by the Trustee in respect of such Government Obligations, payment of the principal of (and premium, if any) and any installment
of principal of (and premium, if any) or interest on such Debt Securities on the Stated Maturities thereof or upon the Redemption Dates for Debt Securities required to be redeemed pursuant to any mandatory sinking or analogous provisions relating to
Debt Securities of that series or pursuant to any call for redemption relating to Debt Securities of that series, (y) the Company’s rights and obligations with respect to such Debt Securities under Sections 3.06, 3.07,
13.03, 13.04, Article Seven (other than subsections (d) and (e) of Section 7.01), Sections 5.01, 

  
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5.02, 5.04, 6.01, 8.06, 8.10, 8.11 and, to the extent applicable to such series, Article Four, so long as the principal of (and premium, if any)
and interest on the Debt Securities of such series remain unpaid and, thereafter, only the Company’s rights and obligations under Sections 5.04, 8.06, 13.03 and 13.04, and (z) the rights, powers, trusts,
duties and immunities of the Trustee with respect to the Debt Securities of such series) as it relates to Debt Securities of any series shall no longer be in effect, and the Trustee, at the expense of the Company shall, upon Company Request, execute
proper instruments acknowledging the same if: 
 (a) the Company has deposited or caused to be deposited with the
Trustee as trust funds in trust for the purpose (A) the Dollars or Foreign Currency, as applicable, in an amount, or (B) Government Obligations which through the payment of interest and principal in respect thereof in accordance with their
terms will provide on or before the due date of any payment in respect of such series of Debt Securities in an amount, or (C) a combination thereof, sufficient, after payment of all Federal, state and local taxes in respect thereof payable by
the Trustee, in the opinion of a nationally-recognized firm of independent public accountants expressed in a written certification thereof delivered to the Trustee, to pay and discharge (i) the principal of (and premium, if any) and each
installment of principal (and premium, if any) and interest on the Outstanding Debt Securities of that series on the Stated Maturity of such principal or installment of principal or interest and (ii) any mandatory sinking fund payments or
analogous payments or payments pursuant to any call for redemption applicable to Debt Securities of such series on the day on which such payments are due and payable in accordance with the terms of the Indenture and such Debt Securities; 

(b) no Event of Default or event which with notice or lapse of time would become an Event of Default shall have occurred
and be continuing on the date of such deposit; 
 (c) the interest of the Holders in such deposit shall have been
duly perfected under the applicable provisions of the Uniform Commercial Code; and 
 (d) the Company has
delivered to the Trustee an Officers’ Certificate and an Opinion of Counsel, each stating that all conditions precedent herein provided for relating to the defeasance contemplated by this Section have been complied with. 

SECTION 13.03 Application of Trust Funds; Indemnification. 

(a) Subject to the provisions of Section 13.04, all money and Government Obligations deposited with the
Trustee pursuant to Section 13.01 or 13.02 and all money received by the Trustee in respect of Government Obligations deposited with the Trustee, shall be held in trust and applied by it, in accordance with the provisions of the
Debt Securities and this Indenture, to the payment, either directly or through any paying agent (including the Company acting as its own paying agent) as the Trustee may determine, to the Persons entitled thereto, of the principal (and premium, if
any) and interest for whose payment such money and Government Obligations have been deposited with or received by the Trustee as contemplated by Section 13.01 or 13.02. 

  
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 (b) The Company shall pay and shall indemnify the Trustee against any tax,
fee or other charge imposed on or assessed against Government Obligations deposited pursuant to Section 13.01 or 13.02 or the interest and principal received in respect of such obligations, other than any such tax, fee or other
charge payable by or on behalf of Holders. The Company shall be entitled to prompt notice of an assessment or the commencement of any proceeding for which indemnification may be sought hereunder and, at its election, to contest such assessment or to
participate in, assume the defense of, or settle such proceeding. 
 (c) The Trustee shall deliver or pay to the
Company from time to time upon Company Request any Government Obligations or money held by it as provided in Section 13.01 or 13.02 which, in the opinion of a nationally-recognized firm of independent public accountants expressed
in a written certification thereof delivered to the Trustee, are then in excess of the amount thereof which then would have been required to be deposited for the purpose for which such obligations or money were deposited or received. 

(d) If the Trustee is unable to apply any money or Government Obligations in accordance with this
Section 13.03 by reason of any legal proceeding or by reason of any order or judgment of any court or governmental authority enjoining, restraining or otherwise prohibiting such application, the Company’s obligations under this
Indenture and the Debt Securities, if any, of such series shall be revived and reinstated as though no deposit had occurred pursuant to Section 13.01 or Section 13.02, as the case may be, until such time as the Trustee is
permitted to apply all such money or Government Obligations in accordance with this Section 13.03; provided, however, that if the Company has made any payment of interest on or principal of (and premium, if any) on any Debt
Securities, if any, of such series because of the reinstatement of its obligations, the Company shall be subrogated to the rights of the Holders of such series of Debt Securities, if any, to receive such payment from the money or Government
Obligations held by the Trustee. 
 SECTION 13.04 Return of Unclaimed Moneys. Any moneys
deposited with or paid to the Trustee or any paying agent for payment of the principal of and premium, if any, or interest on Debt Securities and not applied but remaining unclaimed by the Holders of Debt Securities for two years after the date upon
which the principal of and premium, if any, or interest on such Debt Securities, as the case may be, shall have become due and payable, shall be repaid to the Company by the Trustee or such paying agent on written demand; and the Holder of any of
the Debt Securities entitled to receive such payment shall thereafter look only to the Company for any payment thereof. 

  
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 ARTICLE FOURTEEN. IMMUNITY OF INCORPORATORS, STOCKHOLDERS,
ETC. 
 SECTION 14.01 Indenture and Debt Securities Solely Obligations of the Company.
No recourse under or upon any obligation, covenant or agreement of this Indenture, any supplemental indenture, or of any Debt Security, or for any claim based thereon or otherwise in respect thereof, shall be had against any incorporator, organizer,
stockholder, member, owner, officer, director, manager or employee, as such, past, present or future, of the Company or any Subsidiary or of any predecessor or successor Person, either directly or through the Company, whether by virtue of any
constitution, statute or rule of law, or by the enforcement of any assessment or penalty or otherwise; it being expressly understood that this Indenture and the obligations issued hereunder are solely obligations of the Company, and that no such
personal liability whatever shall attach to, or is or shall be incurred by, any incorporator, organizer, stockholder, member, owner, officer, director, manager or employee, as such, of the Company or of any predecessor or successor Person, or any of
them, because of the creation of the indebtedness hereby authorized, or under or by reason of the obligations, covenants or agreements contained in this Indenture, or in any of the Debt Securities or implied thereby; and that any and all such
personal liability, either at common law or in equity or by constitution or statute of, and any and all such rights and claims against, every such incorporator, organizer, stockholder, member, owner, officer, director, manager or employee, as such,
because of the creation of the indebtedness hereby authorized, or under or by reason of the obligations, covenants or agreements contained in this Indenture or in any of the Debt Securities or implied thereby, are hereby expressly waived and
released as a condition of, and as a consideration for, the execution of this Indenture and the issue of such Debt Securities. 

ARTICLE FIFTEEN. MISCELLANEOUS PROVISIONS 

SECTION 15.01 Provisions Binding on Successors of the Company. All of the covenants, stipulations,
promises and agreements in this Indenture contained by the Company shall bind its successors and assigns whether so expressed or not. 
 SECTION 15.02 Indenture for Sole Benefit of Parties and Holders of Debt Securities. Nothing in this Indenture or in the Debt Securities, expressed or implied, shall
give or be construed to give to any Person, firm or corporation, other than the parties hereto, any agent of the Trustee or the Company under this Indenture and the Holders of the Debt Securities, any legal or equitable right, remedy or claim under
or in respect of this Indenture, or under any covenant, condition or provision herein contained; all such covenants, conditions and provisions being, subject to the provisions of Articles Twelve and Fourteen, for the sole benefit
of the parties hereto, any agent of the Trustee or the Company under this Indenture and the Holders of the Debt Securities. 
 
SECTION 15.03 Addresses for Notices, etc. Any notice or demand which by any provision of this Indenture is required or permitted to be given or served by the Trustee or by the Holders of Debt Securities on the Company may be given or
served by being deposited, 

  
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registered or certified mail postage prepaid, in a post office letter box in the United States or by facsimile transmission addressed (until another address is filed by the Company with the
Trustee) to the Company, 3700 West Juneau Avenue, Milwaukee, Wisconsin 53208, Attention: Treasurer, facsimile no. (414) 343-4990, with a copy to the Company, 3700 West Juneau Avenue, Milwaukee, Wisconsin 53208, Attention: General Counsel,
facsimile no. (414) 343-4089. Any notice, direction, request or demand by any Holder of a Debt Security or the Company to or upon the Trustee shall be deemed to have been sufficiently given or made, for all purposes, if given or made in writing
at the Corporate Trust Office. Any notice, report or other instrument required by any of the provisions of this Indenture to be given by the Trustee to the Holders of Debt Securities of any or all series shall be deemed to have been sufficiently
given, for all purposes, when mailed by first class mail. 
 SECTION 15.04 New York
Contract. Pursuant to New York General Obligations Law 5–1401, this Indenture and the Debt Securities shall be governed by and construed in accordance with the laws of the State of New York applicable to agreements made or instruments
entered into and, in each case, performed in such state. 
 SECTION 15.05 Evidence of
Compliance with Conditions Precedent. Upon any Company request to the Trustee to take any action under any of the provisions of this Indenture, the Company shall furnish to the Trustee an Officers’ Certificate stating that all conditions
precedent, if any (including any covenant, compliance with which constitutes a condition precedent) provided for in this Indenture relating to the proposed action have been complied with and an Opinion of Counsel stating that, in the opinion of such
counsel, all such conditions precedent have been complied with, except that in the case of any such application or demand as to which the furnishing of such document is specifically required by any provision of this Indenture relating to such
particular application or demand, no additional certificate or opinion need be furnished. 
 Each certificate or opinion
provided for in this Indenture and delivered to the Trustee with respect to compliance with a condition or covenant provided for in this Indenture shall include (1) a statement that the Person making such certificate or opinion has read such
covenant or condition; (2) a brief statement as to the nature and scope of the examination or investigation upon which the statements or opinions contained in such certificate or opinion are based; (3) a statement that, in the opinion of
such Person, such Person has made such examination or investigation as is necessary to enable such Person to express an informed opinion as to whether or not such covenant or condition has been complied with; and (4) a statement as to whether
or not, in the opinion of such Person, such condition or covenant has been complied with. 

SECTION 15.06 Legal Holidays. In any case where the date of maturity of interest on or principal of
or premium, if any, on any series of Debt Securities or the date fixed for redemption of any Debt Security or Debt Securities will be a legal holiday or a day on which banking institutions are legally authorized or obligated to close in New York or
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such interest on or principal of and premium, if any, on such Debt Securities need not be made by such paying agent on such date but may be made by such paying agent on the next succeeding
business day that is not a day in such location that is either a legal holiday or a day on which banking institutions are legally authorized or obligated to close, with the same force and effect as if made on such date of maturity or the date fixed
for redemption and no interest shall accrue for the period from and after such prior date. 

SECTION 15.07 Trust Indenture Act of 1939 to Control. If any provision hereof limits, qualifies or
conflicts with the duties imposed by any of Sections 310 through 317 of the Trust Indenture Act of 1939, by the operation of Section 318(c) thereof, such imposed duties shall control, except as, and to the extent, expressly excluded from
this Indenture, as permitted by the Trust Indenture Act of 1939. If any provision of this Indenture modifies or excludes any provision of the Trust Indenture Act of 1939 that may be so modified or excluded, the latter provision shall be deemed to
apply to this Indenture as so modified or to be excluded, as the case may be. 
 SECTION 15.08
Table of Contents, Headings, etc. The table of contents and the titles and headings of the articles and sections of this Indenture have been inserted for convenience of reference only, are not to be considered a part hereof, and shall in no
way modify or restrict any of the terms or provisions hereof. 
 SECTION 15.09 Determination of
Principal Amount. In determining whether the Holders of the requisite principal amount of Outstanding Debt Securities of any series have given any request, demand, authorization, direction, notice, consent or waiver hereunder, or whether
sufficient funds are available for redemption or for any other purpose, (i) the principal amount of an Original Issue Discount Debt Security that shall be deemed to be Outstanding for such purposes shall be the amount of the principal thereof
that would be due and payable as of the date of such determination upon a declaration of acceleration of the maturity thereof pursuant to Section 7.01, (ii) the principal amount of any Debt Securities denominated in a Foreign
Currency that shall be deemed to be Outstanding for such purposes shall be determined by converting the Foreign Currency into Dollars at the Market Exchange Rate as of the date of such determination and (iii) the principal amount of any Indexed
Debt Security that shall be deemed to be Outstanding for such purposes shall be the amount of the principal face amount of such Indexed Debt Security at original issuance, unless otherwise provided in or pursuant to this Indenture. 

SECTION 15.10 Execution in Counterparts. This Indenture may be executed in any number of
counterparts, each of which shall be an original and such counterparts shall together constitute but one and the same instrument. The Bank of New York Mellon Trust Company, N.A. hereby accepts the trusts in this Indenture declared and provided, upon
the terms and conditions hereinabove set forth. 
 SECTION 15.11 Waiver of Jury Trial. EACH
OF THE COMPANY AND THE TRUSTEE HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF OR RELATING TO THIS INDENTURE OR THE DEBT SECURITIES. 

  
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 SECTION 15.12 Force Majeure. In no event shall the
Trustee be responsible or liable for any failure or delay in the performance of its obligations hereunder arising out of or caused by, directly or indirectly, forces beyond its control, including, without limitation, strikes, work stoppages,
accidents, acts of war or terrorism, civil or military disturbances, nuclear or natural catastrophes or acts of God, and interruptions, loss or malfunctions of utilities, communications or computer (software and hardware) services; it being
understood that the Trustee shall use reasonable efforts which are consistent with accepted practices in the banking industry to resume performance as soon as practicable under the circumstances. 

[Remainder of Page Intentionally Left Blank] 

  
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 IN WITNESS WHEREOF, the undersigned have executed this Indenture as of the date first set
forth above. 
  

			
	HARLEY-DAVIDSON, INC.
		
	By:	 	/s/ Perry A. Glassgow         
	Name:	 	Perry A. Glassgow
	Title:	 	Vice President and Treasurer

  

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

		
	By:	 	/s/ J. Bartolini         
	Name:	 	J. Bartolini
	Title:	 	Vice President

 Signature Page to IndentureAmendment No. 4 to Loan and Security Agreement

 Exhibit 10.1 
 EXECUTION VERSION 
 AMENDMENT NO. 4 

TO 
 LOAN
AND SECURITY AGREEMENT 
 THIS AMENDMENT NO. 4 TO
LOAN AND SECURITY AGREEMENT (this “Amendment”) is entered into this 2 day of November, 2011 by and among AVIAT NETWORKS,
INC., a Delaware corporation (“Parent”), AVIAT US., INC. (“Opco,” together with Parent, the “US Borrowers”) and AVIAT
NETWORKS (S) PTE. LTD., a private company limited by shares formed under the laws of the Republic of Singapore (“Aviat Singapore” or “Singapore Borrower,” and
together with the US Borrowers, the “Borrowers”), and SILICON VALLEY BANK (“Bank”). Capitalized terms used herein without definition shall have the
same meanings given them in the Loan Agreement (as defined below). 
 RECITALS 

A. Borrowers and Bank have entered into that certain Loan and Security Agreement dated as of September 30, 2010 (as amended,
restated, modified and/or supplemented from time to time, the “Loan Agreement”), pursuant to which Bank agreed to extend and make available to Borrowers certain advances of money. 

B. Subject to the representations and warranties of each Borrower herein and upon the terms and conditions set forth in this
Amendment, Bank is willing to amend the Loan Agreement as set forth herein. 
 AGREEMENT 

NOW, THEREFORE, in consideration of the foregoing Recitals and intending to be legally bound, the parties hereto agree as follows:

 1. Amendment to Loan Agreement. 
 1.1 Section 2.1.3 (Foreign Exchange Contracts). Section 2.1.3 is amended and restated in its entirety as follows: 
 “[Reserved].” 
 1.2 Section 2.1.4 (Cash Management
Services). Section 2.1.4 is amended and restated in its entirety as follows: 
 “[Reserved].”

 1.3 Section 2.1.5 (Term Loan Sublimit). Section 2.1.5 of the Loan Agreement is amended and restated in its
entirety as follows: 
 “2.1.5 Term Loan Sublimit. 

(a) Availability. Bank shall make one (1) term loan available in Dollars to Borrowers in an amount up to the
Term Loan Amount during the Term Draw Period subject to the satisfaction of the terms and conditions of this Agreement (the “Term Loan”). If drawn by a US Borrower, the Term Loan shall reduce the amount available for US Advances. If
drawn by the Singapore Borrower, the Term Loan shall reduce the amount available for Singapore Advances. The Term Loan shall reduce the amount otherwise available for Credit Extensions under the Revolving Line. 

 (b) Repayment. U.S. Borrower, and if borrowed by Singapore Borrower,
shall repay the Term Loan in (i) twenty-four (24) equal monthly installments of principal, plus (ii) monthly payments of accrued interest (the “Term Loan Payment”). Beginning on the last day of the month following the
month in which the Funding Date of the Term Loan occurs, each Term Loan Payment shall be payable on the last day of each month. The final Term Loan Payment, due on the Term Loan Maturity Date, shall include all outstanding principal and accrued and
unpaid interest under the Term Loan. Once repaid, the Term Loan may not be reborrowed.” 
 1.4 Section 2.3 (Payment
of Interest on the Credit Extensions). A new Subsection (iii) is hereby added to Section 2.3(a) of the Loan Agreement as follows: 
 “(iii) The principal amount outstanding under the Term Loan shall accrue interest at a per annum rate equal to five percent (5%) from the Funding Date of the Term Loan until paid in full.”

 1.5 Section 2.4 (Fees). Section 2.4(a) is amended and restated in its entirety as follows: 

“(a) Commitment Fee. A fully earned, non-refundable commitment fee of (i) $150,000 equal to three hundred
seventy five thousandths of one percent (0.375%) of the Revolving Line, on the Fourth Amendment Effective Date; (ii) $100,000 equal to twenty five thousandths of one percent (0.25%) of the Revolving Line, on the first anniversary of the Fourth
Amendment Effective Date; and (iii) $32,328.77 equal to twenty five thousandths of one percent (0.25%) of the Revolving Line prorated for the remainder of the term of the Revolving Line facility, on the second anniversary of the Fourth
Amendment Effective Date. Bank acknowledges that Borrower has paid the commitment fee for the period through November 30, 2011 and shall be credited the prorated portion of such amount toward the commitment fee due on the Fourth Amendment
Effective Date.” 
 1.6 Section 2.4 (Fees). The last paragraph of Section 2.4(c) of the Loan Agreement is
amended and restated in its entirety as follows: 
 “For the period from the Effective Date until Bank has received
Parent’s consolidated financial statements for the fiscal quarter ending October 1, 2010, the Unused Revolving Line Facility Fee shall be at the margin in the row styled “Level IV.” The unused portion of the Revolving Line, for
the purposes of this calculation, shall include amounts reserved for products provided in connection with Letters of Credit. Borrowers shall not be entitled to any credit, rebate or repayment of any Unused Revolving Line Facility Fee previously
earned by Bank pursuant to this Section notwithstanding any termination of the Agreement or the suspension or termination of Bank’s obligation to make loans and advances hereunder; and” 

 1.7 Section 4.1 (Grant of Security Interest). The following paragraph is added
as subsection (c) of Section 4.1 of the Loan Agreement as follows: 
 “Each Borrower acknowledges that it
previously has entered, and/or may in the future enter, into Bank Services Agreements with Bank. Regardless of the terms of any Bank Services Agreement, each Borrower agrees that any amounts Borrowers owe Bank thereunder shall be deemed to be
Obligations hereunder and that it is the intent of each Borrower and Bank to have (i) all such Obligations secured by the first priority perfected security interest in the US Collateral and (ii) all such Singapore Obligations also secured
by the Singapore Collateral granted herein (subject only to Permitted Liens that may have superior priority to Bank’s Lien in this Agreement). 
 If this Agreement is terminated, Bank’s Lien in the Collateral shall continue until the Obligations (other than inchoate indemnity obligations) are satisfied in full, and at such time, Bank shall, at
Borrowers’ sole cost and expense, terminate its security interest in the Collateral and all rights therein shall revert to Borrowers; provided that upon payment in full in cash of the Singapore Obligations and at such time as Bank’s
obligation to make Credit Extensions to Singapore Borrower has terminated, Bank shall, at Borrowers’ sole cost and expense, release its Liens in the Singapore Collateral and all rights therein shall revert to Singapore Borrower. In the event
(x) all Obligations (other than inchoate indemnity obligations), except for Bank Services, are satisfied in full, and (y) this Agreement is terminated, Bank shall terminate the security interest granted herein upon Borrowers providing cash
collateral acceptable to Bank in its good faith business judgment for Bank Services, if any.” 
 1.8 Section 4.2
(Priority of Security Interest). The second paragraph of Section 4.2 of the Loan Agreement is deleted in its entirety. 

1.9 Section 6.2 (Financial Statements, Reports, Certificates). The “and” at the end of subsection (g) of
Section 6.2 is hereby deleted and the “.” at the end of subsection (h) of Section 6.2 is hereby replaced with a “;”. The following new subsections (i), (j) and (k) are hereby added to Section 6.2 of
the Loan Agreement as follows: 
 (i) Borrowing Base Reports. Within forty-five (45) days after the
last day of each fiscal quarter (except within thirty (30) days of the last day of each month upon the occurrence of the Borrowing Threshold), (i) aged listings of accounts receivable and accounts payable (by invoice date) and
(ii) deferred revenue reports (the “Borrowing Base Reports”); 
 (j) Borrowing Base
Certificate. Within forty-five (45) days after the last day of each fiscal quarter (except within thirty (30) days of the last day of each month upon the occurrence of the Borrowing Threshold), and together with the Borrowing Base
Reports, a duly completed Borrowing Base Certificate signed by a Responsible Officer; 
 (k) Cash Holdings
Report. Within thirty (30) days after the last day of each month, a cash holdings report.” 
 1.10
Section 6.7 (Financial Covenants). Section 6.7 of the Loan Agreement is hereby amended and restated in its entirety as follows: 

 “6.7 Financial Covenants. Maintain as of the last day of each fiscal quarter,
unless otherwise noted, on a consolidated basis with respect to Parent and its Subsidiaries: 
 (a) Liquidity Coverage. As
of the last day of each fiscal quarter, a ratio of (A)(i) unrestricted domestic cash and Cash Equivalents of the US Borrowers plus (ii) domestic short-term and long-term marketable securities of the US Borrowers plus
(iii) unrestricted cash and Cash Equivalents and short-term and long-term marketable securities, in an aggregate amount not to exceed $30,000,000, of Singapore Borrower (x) managed by SVB Asset Management and held in a Securities Account
maintained at U.S. Bank, N.A. that is subject to a Control Agreement and/or (y) maintained in a domestic Deposit Account with Bank and denominated in Dollars plus (iv) the lesser of twenty-five percent (25%) of Eligible Accounts or
$12,500,000 to (B) the aggregate amount of Liquidity Obligations outstanding, of not less than 1.50:1.00. 
 (b)
EBITDA. Maintain, measured as of the end of each fiscal quarter during the following periods, EBITDA of at least the following: 
  

					
	Period	  	Minimum EBITDA	 
	 Fiscal quarter ending September 30, 2011
	  	($	5,100,000	) 
	 Fiscal quarter ending December 31, 2011
	  	($	5,500,000	) 
	 Fiscal quarter ending March 31, 2012
	  	($	800,000	) 
	 Fiscal quarter ending June 30, 2012
	  	$	2,000,000	  
	 Fiscal quarter ending September 30, 2012
	  	($	3,100,000	) 
	 Fiscal quarter ending December 31, 2012 and each fiscal quarter thereafter
	  	$	3,000,000	  

 1.11 Section 12.8 (Survival). Section 12.8 of the Loan Agreement is hereby amended and
restated in its entirety as follows: 
 “12.8 Survival. All covenants, representations and warranties made in this
Agreement continue in full force until this Agreement has terminated pursuant to its terms and all Obligations (other than inchoate indemnity obligations and any other obligations which, by their terms, are to survive the termination of this
Agreement) have been paid in full and satisfied. Without limiting the foregoing, except as otherwise provided in Section 4.1, the grant of security interest by Borrowers in Section 4.1 shall survive until the termination of all Bank
Services Agreements. The obligation of Borrowers in Section 12.2 to indemnify Bank shall survive until the statute of limitations with respect to such claim or cause of action shall have run.” 

1.12 Section 13.1 Definitions. The following definitions are hereby: (a) to the extent already defined
in Section 13.1 of the Loan Agreement, amended in their entirety to read as follows, and (b) to the extent not already defined in that Section, added to Section 13.1 of the Loan Agreement in alphabetical order as follows: 

““Availability Amount” is (a) the lesser of (i) the Revolving Line or (ii) the amount available
under the Borrowing Base minus (b) the Dollar Equivalent of the outstanding principal balance of all Advances (including the principal amount outstanding under the Term Loan), minus (c) the Dollar Equivalent amount of all
outstanding Existing Letters of Credit and Letters of Credit (including drawn but unreimbursed Letters of Credit) plus an amount equal to the Letter of Credit Reserve.” 
 ““Bank Services” are any products, credit services, and/or financial accommodations previously, now, or hereafter provided to any Borrower or any of its Subsidiaries by Bank or any
Bank Affiliate, including, without limitation, any cash management services (including, without limitation, merchant services, direct deposit of payroll, business credit cards, and check cashing

 
services), interest rate swap arrangements, and foreign exchange services as any such products or services may be identified in Bank’s various agreements related thereto (each, a
“Bank Services Agreement”).” 
 ““Borrowing Base” is (a) $10,000,000 plus
(b) 45% of Eligible Accounts, as determined by Bank from Borrower’s most recent Borrowing Base Certificate; provided, however, that Bank may decrease the foregoing amount and percentage in its good faith business judgment based on events,
conditions, contingencies, or risks which, as determined by Bank, may adversely affect Collateral.” 

““Borrowing Base Certificate” is that certain certificate in the form attached hereto as Exhibit G.”

 ““Borrowing Base Report” is defined in Section 6.2(i).” 

““Borrowing Threshold” is outstanding Credit Extensions (excluding outstanding Letters of Credit) in an amount
equal to or greater than $15,000,000.” 
 ““Credit Extension” is any Advance, Letter of Credit, Term
Loan, or any other extension of credit by Bank for Borrowers’ benefit.” 
 ““Eligible Accounts”
are Accounts of Borrowers less bad debt reserve.” 
 ““Fourth Amendment Effective Date” is
November 2, 2011.” 
 ““FX Forward Contract” is any foreign exchange contract by and between a
Borrower and Bank under which such Borrower commits to purchase from or sell to Bank a specific amount of Foreign Currency on a specified date.” 
 ““Loan Documents” are, collectively, this Agreement, the Perfection Certificates, the Control Agreements, any Letter of Credit, any Letter of Credit Application, the Singapore
Debenture, the Letter of Direction, any Bank Services Agreement, any note, or notes or guaranties executed by any Borrower or any Guarantor, and any other present or future agreement between any Borrower, any Guarantor and/or for the benefit of Bank
in connection with this Agreement, all as amended, restated, or otherwise modified.” 
 “Liquidity
Obligations” are Borrowers’ obligations to pay when due any debts, principal, interest, Bank Expenses and other amounts Borrowers owe Bank now or later, whether under this Agreement, the Loan Documents, or otherwise, including, without
limitation, the Singapore Obligations, all reimbursement obligations for drawn and undrawn letters of credit, and including interest accruing after Insolvency Proceedings begin and debts, liabilities, or obligations of Borrowers assigned to
Bank.” 
 ““Obligations” are Borrowers’ obligations to pay when due any debts, principal,
interest, Bank Expenses and other amounts Borrowers owe Bank now or later, whether under this Agreement, the Loan Documents, or otherwise, including, without limitation, the Singapore Obligations, all obligations relating to letters of credit
(including reimbursement obligations for drawn and undrawn letters of credit) and under Bank Services Agreements, if any, and including interest accruing after Insolvency Proceedings begin and debts, liabilities, or obligations of Borrowers assigned
to Bank, and to perform Borrowers’ duties under the Loan Documents.” 

 ““Revolving Line Maturity Date” is February 28, 2014.”

 ““Revolving Line Utilization” is, at any time, the sum of (a) the outstanding principal amount of
any Advances, plus (b) the principal amount outstanding under the Term Loan, plus (c) the Dollar Equivalent face amount of any outstanding Letters of Credit (including drawn but unreimbursed Letters of Credit and any Letter
of Credit Reserve). 
 ““Singapore Obligations” are Singapore Borrower’s obligations to pay when due
any principal and interest arising out of Singapore Utilization, Bank Expenses and other amounts Singapore Borrower owes Bank now or later, whether under this Agreement, the Loan Documents, or otherwise, including, without limitation, all
obligations relating to letters of credit (including reimbursement obligations for drawn and undrawn letters of credit) and under Bank Services Agreements, if any, and including interest accruing after Insolvency Proceedings begin and debts,
liabilities, or obligations of Singapore Borrower assigned to Bank, and to perform any Singapore Borrower’s duties under the Loan Documents.” 
 ““Singapore Sublimit” is $30,000,000.” 

““Singapore Utilization” is the sum of (i) the outstanding principal amount of any Singapore Advances,
plus (ii) the principal amount outstanding under the Term Loan, if drawn by Singapore Borrower, plus (iii) the Dollar Equivalent face amount of any outstanding Letters of Credit (including drawn but unreimbursed Letters of
Credit and any Letter of Credit Reserve) issued for Singapore Borrower’s account.” 
 ““Term Draw
Period” is Fourth Amendment Effective Date through January 31, 2012.” 
 ““Term Loan”
is a loan made by Bank pursuant to the terms of Section 2.1.5 hereof.” 
 ““Term Loan Amount” is
an amount equal to Eight Million Two Hundred and Fifty Thousand Dollars ($8,250,000).” 
 ““Term Loan Maturity
Date” is the last day of the month that is twenty-four (24) months following the Funding Date of the Term Loan.” 
 ““Term Loan Payment” is defined in Section 2.1.5(b).” 
 1.13 Section 13.1 (Definitions). The following definitions in Section 13.1 of the Loan Agreement are deleted in their entirety: 

“Cash Management Services” 
 “Cash Management Services Sublimit” 
 “FX Business
Day” 
 “FX Reserve” 
 “Settlement Date” 

 1.14 Exhibit B to Loan Agreement (Form of Compliance Certificate). Exhibit B to the
Loan Agreement is hereby amended in its entirety by deleting it and replacing it with Exhibit A attached to this Amendment. 
 1.15 Exhibit G to Loan Agreement (Form of Borrowing Base Certificate). A new Exhibit G is hereby added as an exhibit to the Loan Agreement in the form attached as Exhibit B to this
Amendment. 
 2. BORROWERS’ REPRESENTATIONS AND
WARRANTIES. Each Borrower hereby represents and warrants that: 
 (a) immediately upon giving
effect to this Amendment (i) the representations and warranties contained in the Loan Documents are true, accurate and complete in all material respects as of the date hereof (except to the extent such representations and warranties relate to
an earlier date, in which case they are true and correct as of such date), and (ii) no Event of Default has occurred and is continuing; 
 (b) such Borrower has the corporate power and authority to execute and deliver this Amendment and to perform its obligations under the Loan Agreement, as amended by this Amendment; 

(c) the certificate of incorporation, bylaws and other organizational documents of such Borrower delivered to Bank in connection with
the Loan Agreement remain true, accurate and complete and have not been amended, supplemented or restated and are and continue to be in full force and effect; 
 (d) the execution and delivery by such Borrower of this Amendment and the performance by such Borrower of its obligations under the Loan Agreement, as amended by this Amendment, have been duly authorized
by all necessary corporate action on the part of such Borrower; and 
 (e) this Amendment has been duly executed and delivered
by such Borrower and is the binding obligation of such Borrower, enforceable against it in accordance with its terms, except as such enforceability may be limited by bankruptcy, insolvency, reorganization, liquidation, moratorium or other similar
laws of general application and equitable principles relating to or affecting creditors’ rights. 
 3.
COVENANTS. Within (a) sixty (60) days of the Fourth Amendment Effective Date, Bank shall have completed its audit of Borrowers’ collateral; and (b) fourteen (14) days of the Fourth Amendment
Effective Date that certain Registration of Company Charges – Variation of Charge shall be filed with the Accounting and Corporate Regulatory Authority of Singapore to increase the principal amount secured by charge number C201010201 to
US$30,000,000. 
 4. LIMITATION. The amendment set forth in this Amendment shall be limited
precisely as written and shall not be deemed (a) to be a waiver or modification of any other term or condition of the Loan Agreement or of any other instrument or agreement referred to therein or to prejudice any right or remedy which Bank may
now have or may have in the future under or in connection with the Loan Agreement or any instrument or agreement referred to therein; or (b) to be a consent to any future amendment or modification or waiver to any instrument or agreement the
execution and delivery of which is consented to hereby, or to any waiver of any of the provisions thereof. Except as expressly amended hereby, the Loan Agreement shall continue in full force and effect. 

 5. EFFECTIVENESS. This Amendment shall become effective
as of the Fourth Amendment Effective Date. 
 6. FEES AND EXPENSES.
Borrowers agree to pay (a) Bank Expenses (including the fees and expenses of Bank’s counsel, advisors and consultants) accrued and incurred in connection with the transactions contemplated by this Amendment and all other Bank Expenses
(including the fees and expenses of Bank’s counsel, advisors and consultants) payable in accordance with the Loan Agreement; and (b) a loan fee in the amount of $150,000 less the commitment fee previously paid by Borrower for the period
through November 30, 2011. 
 7. COUNTERPARTS. This Amendment may be signed in any number of
counterparts, and by different parties hereto in separate counterparts, with the same effect as if the signatures to each such counterpart were upon a single instrument. All counterparts shall be deemed an original of this Amendment. 

8. INTEGRATION. This Amendment and any documents executed in connection herewith or pursuant hereto contain the
entire agreement between the parties with respect to the subject matter hereof and supersede all prior agreements, understandings, offers and negotiations, oral or written, with respect thereto and no extrinsic evidence whatsoever may be introduced
in any judicial or arbitration proceeding, if any, involving this Amendment; except that any financing statements or other agreements or instruments filed by Bank with respect to Borrowers and the Collateral shall remain in full force and effect.

 9. GOVERNING LAW. THIS AMENDMENT SHALL BE GOVERNED BY AND CONSTRUED AND ENFORCED IN
ACCORDANCE WITH THE LAWS OF THE STATE OF CALIFORNIA WITHOUT GIVING EFFECT TO PRINCIPLES OF CONFLICTS OF LAW. 

 IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed as of the
date first written above. 
 BORROWERS: 
 AVIAT NETWORKS, INC. 
  

					
	By	 	 /s/ Carol Goudey

		 	Name:	 	  

		 	Title:	 	 Treasurer

 AVIAT U.S., INC. 
  

					
	By	 	 /s/ Carol Goudey

		 	Name:	 	  

		 	Title:	 	 Treasurer

 AVIAT NETWORKS (S) PTE. LTD. 
  

					
	By	 	 /s/ Ching Her Ong

		 	Name:	 	  

		 	Title:	 	 Director

 BANK: 

SILICON VALLEY BANK 
  

					
	By	 	 /s/ Ray Aguilar

		 	Name:	 	
		 	Title:	 	Relationship Manager

 Exhibit A 
 EXHIBIT B TO LOAN AND SECURITY AGREEMENT 
 COMPLIANCE CERTIFICATE

  

			
	TO: SILICON VALLEY BANK	  	Date:                    
	FROM: AVIAT NETWORKS, INC.	  	

 The undersigned authorized officer of Aviat Networks, Inc. (“Administrative Borrower”) certifies that
under the terms and conditions of the Loan and Security Agreement dated as of September 30, 2010 (as amended, modified, supplemented or restated from time to time, the “Loan Agreement”), by and among Administrative Borrower,
Aviat U.S., Inc. (“Opco”), Aviat Networks (S) Pte. Ltd. (“Singapore Borrower” and together with the Administrative Borrower and Opco, each a “Borrower” and collectively,
“Borrowers”) and Silicon Valley Bank (“Bank”): 
 (1) Each Borrower is in complete compliance for the
period ending             with all required covenants except as noted below; (2) there are no Events of Default; (3) all representations and warranties in the Loan Agreement are
true and correct in all material respects on this date except as noted below; provided, however, that such materiality qualifier shall not be applicable to any representations and warranties that already are qualified or modified by
materiality in the text thereof; and provided, further that those representations and warranties expressly referring to a specific date shall be true, accurate and complete in all material respects as of such date; (4) each Borrower, and each
of its Subsidiaries, has timely filed all material tax returns and reports that are required to be filed, and each Borrower has timely paid all material foreign, federal, state and local taxes, assessments, deposits and contributions owed by each
Borrower except as otherwise permitted pursuant to the terms of Section 5.9 of the Loan Agreement; (5) (a)there are no collective bargaining agreements covering the employees of any Borrower or any of their domestic Subsidiaries,
(b) there is not pending, nor (to the knowledge of any Borrower) is there threatened, any strike, walkout, slowdown or work stoppage, or any unfair labor practice complaint or grievance or arbitration proceeding arising out of or under any
collective bargaining agreement covering the employees of any Borrower or any of their Subsidiaries that, individually or in the aggregate, could reasonable be expected to result in a Material Adverse Change, and (c) the hours worked and
payments made to employees of Borrowers and their domestic Subsidiaries have not been in violation in any material respect of the Fair Labor Standards Act or any other applicable law dealing with such matters; and (6) Borrowers are in
compliance with Section 6.6 of the Loan Agreement. 
 Attached are the required documents supporting the certification. The undersigned
certifies that these are prepared in accordance with GAAP consistently applied from one period to the next except as explained in an accompanying letter or footnotes. The undersigned acknowledges that no borrowings may be requested at any time or
date of determination that Borrower is not in compliance with any of the terms of the Agreement, and that compliance is determined not just at the date this certificate is delivered. Capitalized terms used but not otherwise defined herein shall have
the meanings given them in the Agreement. 

					
	 Please indicate compliance status by circling Yes/No under “Complies” column.

 

	 Reporting Covenant
	  	 Required
	  	 Complies

	 Cash holdings report
	  	Within 30 days of month end	  	 Yes    
 No    

			
	 Quarterly financial statements with Compliance Certificate
	  	 Within 45 days of fiscal

quarter end
	  	 Yes    
 No    

			
	 Quarterly BBC + A/P and A/R Agings + deferred revenue reports
	  	 Within 45 days of fiscal

quarter end (if at or above
 Borrowing Threshold,
within
 30 days of each month)
	  	 Yes    
 No    

			
	 Annual financial statement (CPA Audited) + Compliance Certificate
	  	Within 90 days of FYE	  	 Yes    
 No    

			
	 10-Q, 10-K and 8-K
	  	 Within 5 days after filing with

SEC
	  	 Yes    
 No    

			
	 Board approved financial projections
	  	Within 45 days of FYE	  	 Yes    
 No    

  

													
	 Financial Covenant
	  	 Required
	  	 Actual
	 	  	 Complies
	 
	 Maintain on a Quarterly Basis:
	  		  				  			
	 Minimum EBITDA
	  	Fiscal Quarter End	  	Minimum EBITDA	  	$	                  	  	  	 	Yes    No    	  
	  	September 30, 2011	  	($5,100,000)	  				  			
	  	December 31, 2011	  	($5,500,000)	  				  			
	  	March 31, 2012	  	($800,000)	  				  			
	  	June 30, 2012	  	$2,000,000	  				  			
	  	September 30, 2012	  	($3,100,000)	  				  			
	  	 December 31, 2012 and
 each
subsequent fiscal quarter
	  	$3,000,000	  				  			
				
	 Minimum Liquidity
	  	1.50:1.00	  	 	          :1.00	  	  	 	Yes    No    	  

  

									
	 Notification Purposes Only
	 	 Not Required Financial Covenant – 
For Pricing Purposes Only
	  	 	  	 
	 Consolidated Leverage Ratio
	 	             :
            	  		  	

 The following financial covenant analys[is][es] and information set forth in Schedule 1 attached hereto
are true and accurate as of the date this Certificate is delivered to Bank as set forth in the first line of this Certificate. 

The following are the exceptions with respect to the certification above: (If no exceptions exist, state “No exceptions to
note.”) 
  
  

 
  
  

 
  

			
	 ADMINISTRATIVE BORROWER:
  

AVIAT NETWORKS, INC.

          By:              
                                         
     

                Name:        
                                         
           

                Title:        
                                         
           
	  	 BANK USE ONLY

Received by:
                                         
                                
                                   
      AUTHORIZED SIGNER
 Date:
                                         
                                         
      
 Verified:
                                         
                                         
  

                         
               AUTHORIZED SIGNER
 Date:
                                         
                                         
        
 Compliance Status:
    Yes    No    

 Schedule 1 to Compliance Certificate 

Financial Covenants of Borrower 
 In the event of a conflict between this Schedule and the Loan Agreement, the terms of the Loan Agreement shall govern. 
 Dated:
                                 

 

	I.	Liquidity Coverage (Section 6.7(a)) 

Required:                 1.50:1.00 

Actual: 
  

							
	 A.
	  	Unrestricted domestic cash and Cash Equivalents	  	$	                	  
			
	 B.
	  	Domestic short-term and long-term marketable securities	  	$	                	  
			
	 C.
	  	Unrestricted cash and Cash Equivalents and short-term and long-term marketable securities, in an aggregate amount not to exceed $30,000,000, of Singapore Borrower (x) managed by
SVB Asset Management and held in a Securities Account maintained at U.S. Bank, N.A. that is subject to a Control Agreement and/or (y) maintained in a domestic Deposit Account with Bank and denominated in Dollars	  	$	                	  
			
	 D.
	  	25% of Eligible Accounts	  	$	                	  
			
	 E.
	  	Liquidity (line A plus line B plus line C plus (lesser of line D and $12,500,000))	  	$	                	  
			
	 F.
	  	All debts, principal, interest, Bank Expenses and other amounts Borrowers owe Bank now or later, whether under this Agreement, the Loan Documents, or otherwise, including,
without limitation, the Singapore Obligations, all obligations relating to letters of credit (including reimbursement obligations for drawn and undrawn letters of credit), and including interest accruing after Insolvency Proceedings begin and debts,
liabilities, or obligations of Borrowers assigned to Bank.	  	$	                	  

 Is line E at least 1.50 times greater than line F? 
                      No, not in compliance
                                         
                                         
                               Yes, in compliance 

 

	II.	EBITDA (Section 6.7(b)) 

 Required:

  

					
	 Fiscal Quarter End
	  	Minimum EBITDA	 
	 September 30, 2011
	  	($	5,100,000	) 
	 December 31, 2011
	  	($	5,500,000	) 
	 March 31, 2012
	  	($	800,000	) 
	 June 30, 2012
	  	$	2,000,000	  
	 September 30, 2012
	  	($	3,100,000	) 
	 December 31, 2012 and each Subsequent Fiscal Quarter
	  	$	3,000,000	  

 Actual: 
  

							
	 A.
	  	Consolidated Net Income	  	$	                    	  
			
		  	To the extent deducted in the calculation of Net Income (Line A):	  			
			
		  	(i) Consolidated Interest Charges	  	$	                    	  
			
		  	(ii) Income tax expense	  	$	                    	  
			
		  	(iii) Depreciation and amortization expense	  	$	                    	  
			
		  	(iv) Non-cash restructuring charges	  	$	                    	  
			
		  	(v) Non-cash stock-based compensation expense	  	$	                    	  
			
		  	(vi) Non-cash charges of customer service inventory due to downward revaluations	  	$	                    	  
			
		  	(vii) Other non-cash expenses	  	$	                    	  
			
	 B.
	  	Sum of (i) through (vii)	  	$	                    	  
			
		  	To the extent included in calculating Consolidated Net Income (Line A):	  			
			
		  	(i) Income tax credits	  	$	                    	  
			
		  	(ii) Other non-cash items increasing Net Income	  	$	                    	  
			
	 C.
	  	Sum of Line (i) through (ii)	  	$	                    	  
			
	 D.
	  	EBITDA (Line A + Line B - Line C)	  	$	                    	  

 Is Line D at least the amount required (see chart
above)?                     No, not in compliance
                     Yes, in compliance 
  

	III.	Consolidated Leverage Ratio (Section 2.4(c), “LIBOR Rate Margin,” “Prime Rate Margin”) 

Actual: 
  

					
	 A.
	  	Consolidated Funded Indebtedness	  	
			
		  	 (i)     outstanding principal amount of all obligations (current or long-term) for borrowed money
(including borrowings under the Loan Agreement) and all debt obligations evidenced by bonds, debentures, notes, loan agreements or other similar instruments
	  	$                    
			
		  	 (ii)    purchase money Indebtedness
	  	$                    
			
		  	 (iii)  direct, non-contingent obligations arising under drawn letters of credit (including standby and commercial),
bankers’ acceptances, bank guaranties, surety bonds and similar instruments
	  	$                    
			
		  	 (iv)   obligations in respect of the deferred purchase price of property or services (other than trade accounts
payable in the ordinary course of business)
	  	$                    
		  	 (v)    attributable Indebtedness in respect of capital leases and synthetic lease
obligations
	  	$                    

							
			
		  	 (vi)   Indebtedness of the types referred to in clauses (i) through (v) above of any partnership or joint
venture (other than a joint venture that is itself a corporation or limited liability company) in which a Borrower or a Subsidiary is a general partner or joint venturer, unless such Indebtedness is expressly made non-recourse to such Borrower or
such Subsidiary; provided that the amount of Indebtedness included under this section (vi) shall be restricted to the amount of Indebtedness attributable to such Borrower or Subsidiary as a general partner or joint venturer
	  	 	$                    	  
			
	 B.
	  	Sum of (A)(i) through (A)(vi)	  	 	$                    	  
			
	 C.
	  	Cash collateral posted for any of A(i) through A(vi)	  	 	$                    	  
			
	 D.
	  	EBITDA for fiscal quarter ending                      &
                    	  	 	$                    	  

 Consolidated Leverage Ratio (Line B minus Line C to Line
D):                                     :
                 

 Exhibit B 
 EXHIBIT G - BORROWING BASE CERTIFICATE 
  

 
 Borrower: Aviat Networks, Inc., Aviat US., Inc.
and Aviat Networks (S) Pte. Ltd. 
 Lender:   Silicon Valley Bank 
 Commitment Amount:         $40,000,000 
  

					
		
	ACCOUNTS RECEIVABLE	  			
	 1.      US Borrowers’ Accounts Receivable (invoiced) Book Value as of
                    
	  	$	                    	  
	 2.      Singapore Borrower’s Accounts Receivable (invoiced) Book Value as of
                    
	  	$	                    	  
	 3.      Additions (please explain on reverse)
	  	$	                    	  
	 4.      TOTAL ACCOUNTS RECEIVABLE
	  	$	                    	  
		
	ACCOUNTS RECEIVABLE DEDUCTIONS (without duplication)	  			
	 5.      Bad debt reserves of US Borrowers
	  	$	                    	  
	 6.      Bad debt reserves of Singapore Borrower
	  	$	                    	  
	 7.      Other (please explain on reverse)
	  	$	                    	  
	 8.      TOTAL ACCOUNTS RECEIVABLE DEDUCTIONS
	  	$	                    	  
	 9.      Eligible Accounts (#4 minus #8)
	  	$	                    	  
	 10.    ELIGIBLE AMOUNT OF ACCOUNTS (45% of #9)
	  	$	                    	  
		
	 BALANCES
	  			
	 11.    Maximum Loan Amount
	  	$	40,000,000	  
	 12.    # 10 plus Nonformula Revolving Line ($10,000,000)
	  	$	                    	  
	 13.    Present balance owing on Revolving Line (excluding L/C Sublimit)
	  	$	                    	  
	 14.    Outstanding under L/C Sublimits
	  	$	                    	  
	 15.    RESERVE POSITION ((Lesser of #11 or #12) minus (#13 and #14))
	  	$	                    	  

 The undersigned represents and warrants that this is true, complete and correct, and that the information in this
Borrowing Base Certificate complies with the representations and warranties in the Loan and Security Agreement between the undersigned and Silicon Valley Bank. 
  

			
	 COMMENTS:
  

 
  
  

 
 By:
                                         
                   
                 Authorized Signer

Date:                 
                                         
  
	  	
BANK USE ONLY

Received by:
                                         
                   

                        AUTHORIZED
SIGNER
 Date:
                                         
                   
 Verified:
                                         
                   

                        AUTHORIZED
SIGNER
 Date:
                                         
                   
 Compliance Status:
                Yes                 No

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