Document:

Exhibit

Exhibit 4.9

DESCRIPTION OF THE REGISTRANT’S SECURITIES 
REGISTERED PURSUANT TO SECTION 12 OF THE 
SECURITIES EXCHANGE ACT OF 1934 
Description of our Common Stock
The following description of our Common Stock is a summary and does not purport to be complete. It is subject to and qualified in its entirety by reference to our Second Amended and Restated Articles of Incorporation (the “Articles of Incorporation”) and our Third Amended and Restated Bylaws (the “Bylaws”), each of which are incorporated by reference as an exhibit to the Annual Report on Form 10-K of which this Exhibit [4.10] is a part. We encourage you to read our Articles of Incorporation, our Bylaws and the applicable provisions of the Delaware General Corporations Law (the “DGCL”), for additional information. 
Authorized Capital Shares 
Our authorized capital shares consist of 2,000,000 shares of Class A common stock, $0.0001 par value per share (“Class A Common Stock”), 1,250,000,000 shares of Class B common stock, $0.0001 par value per share (“Class B Common Stock”, and together with Class A Common Stock, “Common Stock”) and 50,000,000 shares of undesignated preferred stock, $0.0001 par value per share (“Preferred Stock”).
Voting Rights
Each outstanding share of Common Stock shall entitle the holder thereof to one vote on each matter properly submitted to the stockholders for their vote except that holders of Common Stock shall not be entitled to vote on any amendment to the Certificate of Incorporation that relates solely to the terms of one or more outstanding series of Preferred Stock if the holders of such affected series are entitled, either separately or together as a class with the holders of one or more other such series, to vote thereon pursuant to the Articles of Incorporation or the DGCL.
Except as otherwise provided by law or by the resolution or resolutions providing for the issue of any series of Preferred Stock, the holders of outstanding shares of Common Stock shall have the exclusive right to vote for the election of directors and for all other purposes.
Except as otherwise required in the Certificate of Incorporation or by applicable law, the holders of Common Stock shall vote together as a single class (or, if the holders of one or more series of Preferred Stock are entitled to vote together with the holders of Common Stock, together as single class with the holders of such other series of Preferred Stock) on all matters submitted to a vote of stockholders generally.
Dividend Rights
Subject to the rights of the holders of any series of Preferred Stock, the holders of Class A Common Stock shall be entitled to receive such dividends and other distributions in cash, stock or property when, as and if declared thereon by the Board of Directors from time to time out of assets or funds legally available therefor. Dividends and other distributions shall not be declared or paid on the Class B Common Stock. 
Liquidation Rights
Subject to the rights of the holders of any series of Preferred Stock, the holders of Class A Common Stock shall be entitled to receive the assets and funds available for distribution to stockholders in the event of any liquidation, dissolution or winding up of the affairs of the Corporation, whether voluntary or involuntary. The holders of shares of Class B Common Stock, 

    

as such, shall not be entitled to receive any assets in the event of any dissolution, liquidation or winding up.
Other Rights and Preferences
Our Common Stock has no sinking fund or redemption provisions or preemptive, conversion or exchange rights. Holders of Common Stock may act by unanimous written consent. 
Listing
The Class A Common Stock is traded on the New York Stock Exchange under the trading symbol “BKR”.

2Exhibit

Exhibit 10.20

FIRST AMENDMENT TO AMENDED & RESTATED HDGT DISTRIBUTION AND SUPPLY AGREEMENT

This First Amendment to the Amended & Restated HDGT Distribution and Supply Agreement (the “Amendment”), effective as of 16th of September 2019 (“Amendment Effective Date”), is made by and between General Electric Company, a New York corporation (“GE”), acting through its GE Power business (“GE Power”), and legal entities operating on GE Power’s behalf (collectively, “Supplier”), and Baker Hughes, a GE company, LLC, a Delaware limited liability company (“Distributor”) on behalf of itself and its Affiliates (each a “Party”, and collectively, the “Parties”). 
RECITALS
WHEREAS, the Parties entered into that Amended and Restated HDGT Distribution and Supply Agreement, dated as February 27, 2018 (“A&R HDGT Supply Agreement”) , under which Distributor will purchase from Supplier certain products and services (“Exclusive Products” and “Exclusive Services”) and the Parties agreed on the terms of appointment of Distributor as sole distributor of Supplier for the Exclusive Products and the Exclusive Services;
WHEREAS, pursuant to the A&R HDGT Supply Agreement, Supplier’s pricing to Distributor for Exclusive Services is based on the methodology set forth in Article IX and the HDGT Services Pricing in Appendix 2 therein; 
WHEREAS, the Parties hereby intend to identify the applicable price list to be used as the Price List for certain HDGT Services and such Price List is based upon methodology in Article IX and Appendix 2 of the A&R HDGT Supply Agreement.
NOW, THEREFORE, in consideration of the foregoing and the good and valuable mutual agreements contained herein, the receipt and sufficiency of which is hereby acknowledged, the Parties hereby agree as follows:
ARTICLE I
		
	1.
	Defined Terms.  Unless otherwise defined herein, all capitalized terms used in this Amendment  shall have the same meaning given to them in the A&R HDGT Supply Agreement.

		
	2.
	Amendments.  

		
	A.
	The contents of Schedule 1 to this Amendment, which is incorporated as if set forth fully herein, is hereby appended to the end of Appendix 2 to the A&R HDGT Supply Agreement and incorporated therein, as Schedule 2-1, “Price List”.   

		
	B.
	The Parties amend Schedule 2-1 to Appendix 2 to the A&R HDGT Supply Agreement by inserting the following at the beginning:

General Rules.
		
	1.
	 The Price List contained in this Schedule 2-1 will be in force for a period of three years, starting from the Effective Date.

		
	2.
	If the part number of a spare part (whether capital or non-capital) has been substituted, but the spare part is not upgraded, so that the new spare part is the same as the substituted one in terms of form, fit and function, the price for the new spare part shall be determined based on the Price List in this Schedule 2-1;

		
	3.
	If the part number of a spare part (whether capital or non-capital) has been substituted, and the form, fit and function of the spare part has changed, the price for such upgraded part shall be determined based on the price that will be given by the Supplier based on its list price. 

		
	4.
	For all other parts and components, including those for frame agreements, transactional spot prices and special discounts, the pricing methodology is as set forth in the HDGT Services Pricing in Appendix 2 (and not Schedule 2-1). 

ARTICLE II
		
	1.
	The provisions of Clause 12.07 of A&R HDGT Supply Agreement are hereby incorporated by reference in the present Agreement.

		
	2.
	Full Force and Effect.  Except as expressly set forth in this Amendment, all other provisions of the Agreement remain unchanged and in full force and effect.  After the Amendment Effective Date, the term “Agreement” as used in the Agreement shall mean the Agreement as amended by this Amendment.

		
	3.
	Precedence.  In the event of a conflict between the terms of this Amendment and the A&R HDGT Supply Agreement, the terms of this Amendment shall control.  

		
	4.
	Amendment.  This Amendment may be amended only by an instrument in writing executed by the Parties hereto. 

		
	5.
	Counterparts.  This Amendment may be executed in any number of counterparts, each of which shall be deemed an original, but all of which together shall constitute one instrument. Any signature page of any such counterpart, or any electronic facsimile thereof, may be attached or appended to any other counterpart to complete a fully executed counterpart of this Amendment.  Any electronic facsimile transmission of any signature of a Party shall be deemed an original and shall bind such Party.

IN WITNESS WHEREOF, the Parties hereto have executed this Amendment effective as of the Amendment Effective Date.

General Electric Company                Baker Hughes  a GE company, LLC
                                
By:  /s/ James N. Suciu                    By:  /s/ Lee Whitley

Name:    James N. Suciu                    Name:    Lee Whitley

Title:    Vice President                    Title: Corporate SecretaryExhibit

Exhibit 10.56

AMENDMENT
TO THE
BAKER HUGHES COMPANY BENEFITS PLANS 

THIS AMENDMENT, effective as of January 1, 2020 (this “Amendment”), by BAKER HUGHES COMPANY (formerly known as Baker Hughes, a GE company), a Delaware corporation (the “Company”).

WHEREAS, the name of the Company  has changed to Baker Hughes Company; and

WHEREAS, the Company desires to amend the Baker Hughes, a GE company 2017 Long-Term Incentive Plan, the Baker Hughes, a GE company Executive Officer Short Term Incentive Compensation Plan, the Baker Hughes, a GE company Short Term Incentive Compensation Plan, the Baker Hughes, a GE company Non-Employee Director Deferral Plan (the “Plans”) to reflect such name change; and

NOW, THEREFORE, the Plans are amended as follows. 

1.All references to “Baker Hughes, a GE company” in the plans are changed to “Baker Hughes Company”. 

		
	2.
	The names of the Baker Hughes, a GE company 2017 Long-Term Incentive Plan, the Baker Hughes, a GE company Executive Officer Short Term Incentive Compensation  Plan, the Baker Hughes, a GE company Short Term Incentive Compensation Plan, and the Baker Hughes, a GE company Non-Employee Director Deferral Plan are changed to the Baker Hughes Company 2017 Long-Term Incentive Plan, the Baker Hughes Company Executive Officer Short Term Incentive Compensation Plan, the Baker Hughes Company Short Term Incentive Compensation Plan, the Baker Hughes Company Non-Employee Director Deferral Plan, respectively.

 

IN WITNESS WHEREOF, Baker Hughes Company has executed this Amendment by its duly authorized corporate officer effective as of the day and year first written above.

 [SIGNATURE PAGE FOLLOWS]

BAKER HUGHES COMPANY

/s/ Manjit Gill
By:     Manjit Gill
Its:     Vice President, Total Rewards

The undersigned Lee Whitley, does hereby certify that he/she is the duly elected qualified acting Secretary of BAKER HUGHES COMPANY (the “Company”) and further certifies that the person whose signature appears above is a duly elected, qualified and acting officer of the Company with full power and authority to execute this Amendment on behalf of the Company and to take such other actions and execute such other documents as may be necessary to effectuate this Amendment.

/s/ Lee Whitley 
Secretary
BAKER HUGHES COMPANY

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