Document:

$1.0 Billion 364-Day Revolving Credit Agreement

 Exhibit 10.1 
  
 U.S.$1,000,000,000 
  
 364-DAY REVOLVING CREDIT AGREEMENT 
  
 Dated as of April 15, 2005 
  
 Among 
  
 ALTRIA GROUP, INC. 
  
 and 
  
 THE INITIAL LENDERS
NAMED HEREIN 
  
 and 
  
 JPMORGAN CHASE BANK, N.A. 
  
 and 
  
 CITIBANK, N.A. 
  
 as Administrative Agents 
  
 and 
  
 CREDIT SUISSE FIRST BOSTON, CAYMAN ISLANDS BRANCH 
  
 and 
  
 DEUTSCHE BANK SECURITIES INC. 
  
 as
Syndication Agents 
  
 and 
  
 ABN AMRO BANK N.V. 
  
 and 
  
 BNP PARIBAS 
  
 and 
  
 HSBC BANK USA, NATIONAL ASSOCIATION 
  
 and 
  
 UBS SECURITIES
LLC 
  
 as Arrangers and
Documentation Agents 
  
 * * * * * * * * * *

  
 J.P. MORGAN SECURITIES INC., CITIGROUP GLOBAL MARKETS INC.,

 CREDIT SUISSE FIRST BOSTON, CAYMAN ISLANDS BRANCH and DEUTSCHE 
 BANK SECURITIES INC. 
  
 as Joint Lead Arrangers and Bookrunners 

 Table of Contents 
  

					
	 	  	 	  	Page

			
	 ARTICLE I
	  	DEFINITIONS AND ACCOUNTING TERMS	  	1
			
	 Section 1.01.
	  	Certain Defined Terms	  	1
			
	 Section 1.02.
	  	Computation of Time Periods	  	10
			
	 Section 1.03.
	  	Accounting Terms	  	10
			
	 ARTICLE II
	  	AMOUNTS AND TERMS OF THE ADVANCES	  	11
			
	 Section 2.01.
	  	The Pro Rata Advances	  	11
			
	 Section 2.02.
	  	Making the Pro Rata Advances	  	11
			
	 Section 2.03.
	  	Repayment of Pro Rata Advances	  	13
			
	 Section 2.04.
	  	Interest on Pro Rata Advances	  	13
			
	 Section 2.05.
	  	Additional Interest on LIBO Rate Advances	  	13
			
	 Section 2.06.
	  	Conversion of Pro Rata Advances	  	14
			
	 Section 2.07.
	  	The Competitive Bid Advances	  	14
			
	 Section 2.08.
	  	LIBO Rate Determination	  	18
			
	 Section 2.09.
	  	Fees	  	20
			
	 Section 2.10.
	  	Termination or Reduction of the Commitments	  	20
			
	 Section 2.11.
	  	Prepayments	  	20
			
	 Section 2.12.
	  	Increased Costs	  	21
			
	 Section 2.13.
	  	Illegality	  	22
			
	 Section 2.14.
	  	Payments and Computations	  	22
			
	 Section 2.15.
	  	Taxes	  	23
			
	 Section 2.16.
	  	Sharing of Payments, Etc.	  	25
			
	 Section 2.17.
	  	Evidence of Debt	  	26
			
	 Section 2.18.
	  	Use of Proceeds	  	26
			
	 ARTICLE III
	  	CONDITIONS TO EFFECTIVENESS AND LENDING	  	27
			
	 Section 3.01.
	  	Conditions Precedent to Effectiveness	  	27
			
	 Section 3.02.
	  	Initial Advance to Each Designated Subsidiary	  	28
			
	 Section 3.03.
	  	Conditions Precedent to Each Pro Rata Borrowing	  	29
			
	 Section 3.04.
	  	Conditions Precedent to Each Competitive Bid Borrowing	  	29

  

 i 

 Table of Contents 
 (continued) 
  

					
	 	  	 	  	Page

	 ARTICLE IV
	  	REPRESENTATIONS AND WARRANTIES	  	30
			
	 Section 4.01.
	  	Representations and Warranties of Altria	  	30
			
	 ARTICLE V
	  	COVENANTS OF ALTRIA	  	31
			
	 Section 5.01.
	  	Affirmative Covenants	  	31
			
	 Section 5.02.
	  	Negative Covenants	  	32
			
	 ARTICLE VI
	  	EVENTS OF DEFAULT	  	34
			
	 Section 6.01.
	  	Events of Default	  	34
			
	 Section 6.02.
	  	Lenders’ Rights upon Event of Default	  	35
			
	 ARTICLE VII
	  	THE ADMINISTRATIVE AGENTS	  	36
			
	 Section 7.01.
	  	Authorization and Action	  	36
			
	 Section 7.02.
	  	Administrative Agents’ Reliance, Etc.	  	36
			
	 Section 7.03.
	  	JPMorgan Chase, Citibank and Affiliates	  	37
			
	 Section 7.04.
	  	Lender Credit Decision	  	37
			
	 Section 7.05.
	  	Indemnification	  	37
			
	 Section 7.06.
	  	Successor Administrative Agents	  	38
			
	 Section 7.07.
	  	Syndication Agents and Arrangers and Documentation Agents	  	38
			
	 ARTICLE VIII
	  	GUARANTY	  	39
			
	 Section 8.01.
	  	Guaranty	  	39
			
	 Section 8.02.
	  	Guaranty Absolute	  	39
			
	 Section 8.03.
	  	Waivers	  	39
			
	 Section 8.04.
	  	Continuing Guaranty	  	40
			
	 ARTICLE IX
	  	MISCELLANEOUS	  	40
			
	 Section 9.01.
	  	Amendments, Etc.	  	40
			
	 Section 9.02.
	  	Notices, Etc.	  	41
			
	 Section 9.03.
	  	No Waiver; Remedies	  	42
			
	 Section 9.04.
	  	Costs and Expenses	  	42
			
	 Section 9.05.
	  	Right of Set-Off	  	43

  

 ii 

 Table of Contents 
 (continued) 
  

					
	 	  	 	  	Page

			
	 Section 9.06.
	  	Binding Effect	  	44
			
	 Section 9.07.
	  	Assignments and Participations	  	44
			
	 Section 9.08.
	  	Designated Subsidiaries	  	47
			
	 Section 9.09.
	  	Governing Law	  	47
			
	 Section 9.10.
	  	Execution in Counterparts	  	47
			
	 Section 9.11.
	  	Jurisdiction, Etc.	  	47
			
	 Section 9.12.
	  	Confidentiality	  	48
			
	 Section 9.13.
	  	Integration	  	48
			
	 Section 9.14.
	  	USA Patriot Act Notice	  	49

  
 SCHEDULE 
  

					
	 Schedule I
	 	-	  	List of Applicable Lending Offices
	 Schedule II
	 	-	  	Certain Subsidiary Information
			
	 EXHIBITS
	 	 	  	 
			
	 Exhibit A-1
	 	-	  	Form of Pro Rata Note
	 Exhibit A-2
	 	-	  	Form of Competitive Bid Note
	 Exhibit B-1
	 	-	  	Form of Notice of Pro Rata Borrowing
	 Exhibit B-2
	 	-	  	Form of Notice of Competitive Bid Borrowing
	 Exhibit C
	 	-	  	Form of Assignment and Acceptance
	 Exhibit D
	 	-	  	Form of Designation Agreement
	 Exhibit E-1
	 	-	  	Form of Opinion of Counsel for Altria
	 Exhibit E-2
	 	-	  	Form of Opinion of Counsel for Altria
	 Exhibit F
	 	-	  	Form of Opinion of Counsel for Designated Subsidiary
	 Exhibit G
	 	-	  	Form of Opinion of Counsel for JPMorgan Chase, as Administrative Agent

  

 iii 

 364-DAY REVOLVING CREDIT AGREEMENT 
  
 Dated as of April 15, 2005 
  
 ALTRIA GROUP, INC., a Virginia corporation (“Altria”), the banks, financial institutions and other institutional lenders (the
“Initial Lenders”) listed on the signature pages hereof, and JPMORGAN CHASE BANK, N.A. (“JPMorgan Chase”) and CITIBANK, N.A. (“Citibank”), as administrative agents (each, in such capacity, an
“Administrative Agent”), CREDIT SUISSE FIRST BOSTON, CAYMAN ISLANDS BRANCH and DEUTSCHE BANK SECURITIES INC., as syndication agents (each, in such capacity, a “Syndication Agent”) and ABN AMRO BANK N.V., BNP
PARIBAS, HSBC BANK USA, NATIONAL ASSOCIATION AND UBS SECURITIES LLC, as arrangers and documentation agents (each, in such capacity, an “Arranger and Documentation Agent”) for the Lenders (as hereinafter defined), agree as follows:

  
 ARTICLE I 
  
 DEFINITIONS AND ACCOUNTING TERMS 
  
 Section 1.01. Certain Defined Terms. As used in this Agreement, the
following terms shall have the following meanings (such meanings to be equally applicable to both the singular and plural forms of the terms defined): 
  
 “Advance” means a Pro Rata Advance or a Competitive Bid Advance. 
  
 “Agents” means each Administrative Agent,
each Syndication Agent and each Arranger and Documentation Agent. 
  
 “Applicable Facility Fee Rate” means, for any period, a percentage per annum equal to 0.1000%. 
  
 “Applicable Interest Rate Margin” means for any Interest Period a percentage per annum equal to 0.4000% provided
that for any day during any Interest Period that the aggregate amount of Advances outstanding under this Agreement and the 5-Year Facility exceeds 50% of the aggregate amount of Commitments under this Agreement and commitments under the 5-Year
Facility, the Applicable Interest Rate Margin shall be increased by 0.1000% per annum. 
  
 “Applicable Lending Office” means, with respect to each Lender, such Lender’s Domestic Lending Office in the case of
a Pro Rata Advance and, in the case of a Competitive Bid Advance, the office of such Lender notified by such Lender to JPMorgan Chase, as Administrative Agent, as its Applicable Lending Office with respect to such Competitive Bid Advance.

  
 “Assignment and Acceptance”
means an assignment and acceptance entered into by a Lender and an Eligible Assignee, and accepted by JPMorgan Chase, as Administrative Agent, in substantially the form of Exhibit C hereto. 

 “Base Rate” means a fluctuating interest rate per annum in effect from
time to time, which rate per annum shall at all times be equal to the higher of: 
  
 (i) the rate of interest announced publicly by JPMorgan Chase in New York, New York, from time to time, as JPMorgan Chase’s prime
rate; and 
  
 (ii) 1/2 of one percent per annum
above the Federal Funds Effective Rate. 
  
 “Base Rate Advance” means a Pro Rata Advance that bears interest as provided in Section 2.04(a)(i). 
  
 “Board” means the Board of Governors of the Federal Reserve System of the United States (or any successor). 

 
 “Borrowers” means, collectively, Altria
and each Designated Subsidiary that shall become a party to this Agreement pursuant to Section 9.08. 
  
 “Borrowing” means a Pro Rata Borrowing or a Competitive Bid Borrowing. 
  
 “Business Day” means a day of the year on
which banks are not required or authorized by law to close in New York City and, if the applicable Business Day relates to any LIBO Rate Advances or Floating Rate Bid Advances, on which dealings are carried on in the London interbank market and
banks are open for business in London. 
  
 “Commitment” means as to any Lender (i) the Dollar amount set forth opposite such Lender’s name on the signature pages hereof or (ii) if such Lender has entered into an Assignment and Acceptance, the Dollar amount set
forth for such Lender in the Register maintained by JPMorgan Chase, as Administrative Agent, pursuant to Section 9.07(d), in each case as such amount may be reduced pursuant to Section 2.10. 
  
 “Competitive Bid Advance” means an advance
by a Lender to any Borrower as part of a Competitive Bid Borrowing resulting from the competitive bidding procedure described in Section 2.07 and refers to a Fixed Rate Bid Advance or a Floating Rate Bid Advance. 
  
 “Competitive Bid Borrowing” means a
borrowing consisting of simultaneous Competitive Bid Advances from each of the Lenders whose offer to make one or more Competitive Bid Advances as part of such borrowing has been accepted under the competitive bidding procedure described in Section
2.07. 
  
 “Competitive Bid Note”
means a promissory note of any Borrower payable to the order of any Lender, in substantially the form of Exhibit A-2 hereto, evidencing the indebtedness of such Borrower to such Lender resulting from a Competitive Bid Advance made by such Lender to
such Borrower. 
  
 “Competitive Bid
Reduction” has the meaning specified in Section 2.01. 
  

 2 

 “Consolidated Tangible Assets” means the total assets appearing on a
consolidated balance sheet of Altria and its Subsidiaries (as reduced by the total assets appearing on the consolidated balance sheet of Kraft Foods Inc. and its Subsidiaries), less goodwill and other intangible assets and the minority interests of
other Persons in such Subsidiaries (as reduced by the goodwill and other intangible assets of Kraft Foods Inc. and its Subsidiaries and the minority interests of other Persons in such Subsidiaries), all as determined in accordance with accounting
principles generally accepted in the United States, except that if there has been a material change in an accounting principle as compared to that applied in the preparation of the financial statements of Altria and its Subsidiaries as at and for
the year ended December 31, 2004, then such new accounting principle shall not be used in the determination of Consolidated Tangible Assets. A material change in an accounting principle is one that, in the year of its adoption, changes Consolidated
Tangible Assets at any quarter in such year by more than 10%. 
  
 “Convert,” “Conversion” and “Converted” each refers to a conversion of Pro Rata Advances of one Type into Pro Rata Advances of the other Type pursuant to Section
2.06, 2.08 or 2.13. 
  
 “Debt”
means, without duplication, (a) indebtedness for borrowed money or for the deferred purchase price of property or services, whether or not evidenced by bonds, debentures, notes or similar instruments, (b) obligations as lessee under leases that, in
accordance with accounting principles generally accepted in the United States, are recorded as capital leases, (c) obligations as an account party or applicant under letters of credit (other than trade letters of credit incurred in the ordinary
course of business) to the extent such letters of credit are drawn and not reimbursed within five Business Days of such drawing, (d) the aggregate principal (or equivalent) amount of financing raised through outstanding securitization financings of
accounts receivable, and (e) obligations under direct or indirect guaranties in respect of, and obligations (contingent or otherwise) to purchase or otherwise acquire, or otherwise to assure a creditor against loss (including by way of (i) granting
a security interest or other Lien on property or (ii) having a reimbursement obligation under or in respect of a letter of credit or similar arrangement (to the extent such letter of credit is not collateralized by assets (other than Operating
Assets) having a fair value equal to the amount of such reimbursement obligation), in either case in respect of, indebtedness or obligations of any other Person of the kinds referred to in clause (a), (b), (c) or (d) above). For the avoidance of
doubt, the following shall not constitute “Debt” for purposes of this Agreement: (A) any obligation that is fully non-recourse to Altria or any of its Subsidiaries, (B) intercompany debt of Altria or any of its Subsidiaries, (C) any appeal
bond or other arrangement to secure a stay of execution on a judgment or order, provided that any such appeal bond or other arrangement issued by a third party in connection with such arrangement shall constitute Debt to the extent Altria or any of
its Subsidiaries has a reimbursement obligation to such third party that is not collateralized by assets (other than Operating Assets) having a fair value equal to the amount of such reimbursement obligation, (D) unpaid judgments, or (E) defeased
indebtedness. 
  
 “Default”
means any event specified in Section 6.01 that would constitute an Event of Default but for the requirement that notice be given or time elapse or both. 
  

 3 

 “Designated Subsidiary” means any wholly-owned Subsidiary of Altria
designated for borrowing privileges under this Agreement pursuant to Section 9.08. 
  
 “Designation Agreement” means, with respect to any Designated Subsidiary, an agreement in the form of Exhibit D hereto
signed by such Designated Subsidiary and Altria. 
  
 “Dollars” and the “$” sign each means lawful currency of the United States of America. 
  
 “Domestic Lending Office” means, with respect to any Lender, the office of such Lender specified as its “Domestic
Lending Office” opposite its name on Schedule I hereto or in the Assignment and Acceptance pursuant to which it became a Lender, or such other office of such Lender as such Lender may from time to time specify to Altria and JPMorgan Chase, as
Administrative Agent. 
  
 “Earnings
Before Income Taxes” means, for any accounting period, income or loss from continuing operations for such period, as determined in accordance with accounting principles generally accepted in the United States, plus total federal, state and
foreign income taxes which have been included in the determination of earnings or losses from continuing operations for such period in accordance with accounting principles generally accepted in the United States and amounts which, in the
determination of earnings or losses from continuing operations for such period, have been deducted for the items referred to in the definition of the term “Fixed Charges,” except that if there has been a material change in an accounting
principle as compared to that applied in the preparation of the financial statements of Altria and its Subsidiaries as at and for the year ended December 31, 2004, then such new accounting principle shall not be used in the determination of Earnings
Before Income Taxes. A material change in an accounting principle is one that, in the year of its adoption, changes Earnings Before Income Taxes or Fixed Charges for any quarter in such year by more than 10%. 
  
 “Effective Date” has the meaning specified
in Section 3.01. 
  
 “Eligible
Assignee” means (i) a commercial bank organized under the laws of the United States, or any State thereof, and having total assets in excess of $5,000,000,000; (ii) a commercial bank organized under the laws of any other country which is a
member of the Organization for Economic Cooperation and Development (or any successor) (“OECD”), or a political subdivision of any such country, and having total assets in excess of $5,000,000,000, provided that such bank is acting
through a branch or agency located in the country in which it is organized or another country which is also a member of the OECD or the Cayman Islands; (iii) the central bank of any country which is a member of the OECD; (iv) a commercial finance
company or finance Subsidiary of a corporation organized under the laws of the United States, or any State thereof, and having total assets in excess of $3,000,000,000; (v) an insurance company organized under the laws of the United States, or any
State thereof, and having total assets in excess of $5,000,000,000; (vi) any Lender; (vii) an affiliate of any Lender; and (viii) any other bank, commercial finance company, insurance company or other Person approved in 
  

 4 

 writing by Altria, which approval shall be notified to JPMorgan Chase, as Administrative
Agent. 
  
 “ERISA” means the
Employee Retirement Income Security Act of 1974, as amended from time to time, and the regulations promulgated and rulings issued thereunder. 
  
 “ERISA Affiliate” means any Person that for purposes of Title IV of ERISA is a member of any Borrower’s controlled
group, or under common control with any Borrower, within the meaning of Section 414 of the Internal Revenue Code. 
  
 “ERISA Event” means (a) (i) the occurrence with respect to a Plan of a reportable event, within the meaning of Section
4043 of ERISA, unless the 30-day notice requirement with respect thereto has been waived by the Pension Benefit Guaranty Corporation (or any successor) (“PBGC”), or (ii) the requirements of subsection (1) of Section 4043(b) of ERISA
(without regard to subsection (2) of such section) are met with respect to a contributing sponsor, as defined in Section 4001(a)(13) of ERISA, of a Plan, and an event described in paragraph (9), (10), (11), (12) or (13) of Section 4043(c) of ERISA
is reasonably expected to occur with respect to such Plan within the following 30 days; (b) the application for a minimum funding waiver with respect to a Plan; (c) the provision by the administrator of any Plan of a notice of intent to terminate
such Plan, pursuant to Section 4041(a)(2) of ERISA (including any such notice with respect to a plan amendment referred to in Section 4041(e) of ERISA); (d) the cessation of operations at a facility of any Borrower or Altria or any of their ERISA
Affiliates in the circumstances described in Section 4062(e) of ERISA; (e) the withdrawal by any Borrower or Altria or any of their ERISA Affiliates from a Multiple Employer Plan during a plan year for which it was a substantial employer, as defined
in Section 4001(a)(2) of ERISA; (f) the conditions set forth in Section 302(f)(1)(A) and (B) of ERISA to the creation of a lien upon property or rights to property of any Borrower or Altria or any of their ERISA Affiliates for failure to make a
required payment to a Plan are satisfied; (g) the adoption of an amendment to a Plan requiring the provision of security to such Plan, pursuant to Section 307 of ERISA; or (h) the termination of a Plan by the PBGC pursuant to Section 4042 of ERISA,
or the occurrence of any event or condition described in Section 4042 of ERISA that constitutes grounds for the termination of, or the appointment of a trustee to administer, a Plan. 
  
 “Eurocurrency Liabilities” has the meaning assigned to that term in Regulation D of the
Board, as in effect from time to time. 
  
 “Eurocurrency Lending Office” means, with respect to any Lender, the office of such Lender specified as its “Eurocurrency Lending Office” opposite its name on Schedule I hereto or in the Assignment and Acceptance
pursuant to which it became a Lender (or, if no such office is specified, its Domestic Lending Office), or such other office of such Lender as such Lender may from time to time specify to Altria and JPMorgan Chase, as Administrative Agent.

  

 5 

 “Eurocurrency Rate Reserve Percentage” for any Interest Period, for all
LIBO Rate Advances or Floating Rate Bid Advances comprising part of the same Borrowing, means the reserve percentage applicable two Business Days before the first day of such Interest Period under regulations issued from time to time by the Board
for determining the maximum reserve requirement (including, without limitation, any emergency, supplemental or other marginal reserve requirement) for a member bank of the Federal Reserve System in New York City with respect to liabilities or assets
consisting of or including Eurocurrency Liabilities (or with respect to any other category of liabilities that includes deposits by reference to which the interest rate on LIBO Rate Advances or Floating Rate Bid Advances is determined) having a term
equal to such Interest Period. 
  
 “Event
of Default” has the meaning specified in Section 6.01. 
  
 “Existing Loan Agreement” means Altria’s existing U.S.$5,000,000,000 5-Year Revolving Credit Agreement dated as of July 24, 2001. 
  
 “Federal Bankruptcy Code” means the Bankruptcy Reform Act of 1978, as amended from time to
time. 
  
 “Federal Funds Effective
Rate” means, for any period, a fluctuating interest rate per annum equal, for each day during such period, to the weighted average of the rates on overnight Federal funds transactions with members of the Federal Reserve System arranged by
Federal funds brokers, as published for such day (or, if such day is not a Business Day, for the next preceding Business Day) on Telerate Page 120 (or any successor page), or, if such rate is not so published for any day that is a Business Day, the
average of the quotations for such day on such transactions received by JPMorgan Chase, as Administrative Agent, from three Federal funds brokers of recognized standing selected by it. 
  
 “5-Year Facility” means the U.S.$4,000,000,000 5-Year Revolving Credit Agreement dated as
of April 15, 2005 among Altria and the agents and lenders parties thereto. 
  
 “Fixed Charges” means, for any accounting period, the sum of (a) interest, whether expensed or capitalized, in respect of any Debt outstanding during such period, plus (b) amortization of debt
expense and discount or premium relating to any Debt outstanding during such period, whether expensed or capitalized, plus (c) such portion of rental expense as can be demonstrated to be representative of the interest factor in the particular
case, all as to be applicable to continuing operations and determined in accordance with accounting principles generally accepted in the United States, except that if there has been a material change in an accounting principle as compared to that
applied in the preparation of the financial statements of Altria as at and for the year ended December 31, 2004, then such new accounting principle shall not be used in the determination of Fixed Charges. A material change in an accounting principle
is one that, in the year of its adoption, changes Earnings Before Income Taxes or Fixed Charges for any quarter in such year by more than 10%. 
  

 6 

 “Fixed Rate Bid Advance” means a Competitive Bid Advance bearing
interest based on a fixed rate per annum as specified in the relevant Notice of Competitive Bid Borrowing. 
  
 “Floating Rate Bid Advance” means a Competitive Bid Advance bearing interest at a rate of interest quoted as a margin
over the LIBO Rate as specified in the relevant Notice of Competitive Bid Borrowing. 
  
 “Home Jurisdiction Withholding Taxes” means (a) in the case of Altria, withholding for United States income taxes, United
States back-up withholding taxes and United States withholding taxes and (b) in the case of a Designated Subsidiary, withholding taxes imposed by the jurisdiction under the laws of which such Designated Subsidiary is organized or any political
subdivision thereof. 
  
 “Interest
Period” means, for each LIBO Rate Advance comprising part of the same Pro Rata Borrowing and each Floating Rate Bid Advance comprising part of the same Competitive Bid Borrowing, the period commencing on the date of such LIBO Rate Advance
or Floating Rate Bid Advance or the date of Conversion of any Base Rate Advance into such LIBO Rate Advance and ending on the last day of the period selected by the Borrower requesting such Borrowing pursuant to the provisions below. The duration of
each such Interest Period shall be one, two, three or six months, or, if available to all Lenders, nine months, as such Borrower may select upon notice received by JPMorgan Chase, as Administrative Agent, not later than 11:00 A.M. (New York City
time) on the third Business Day prior to the first day of such Interest Period; provided, however, that: 
  
 (a) such Borrower may not select any Interest Period that ends after the Termination Date; 
  
 (b) whenever the last day of any Interest Period would
otherwise occur on a day other than a Business Day, the last day of such Interest Period shall be extended to occur on the next succeeding Business Day, provided that if such extension would cause the last day of such Interest Period to occur
in the next following calendar month, the last day of such Interest Period shall occur on the immediately preceding Business Day; and 
  
 (c) whenever the first day of any Interest Period occurs on a day of an initial calendar month for which there is no numerically
corresponding day in the calendar month that succeeds such initial calendar month by the number of months equal to the number of months in such Interest Period, such Interest Period shall end on the last Business Day of such succeeding calendar
month. 
  
 “Internal Revenue
Code” means the Internal Revenue Code of 1986, as amended from time to time, and the regulations promulgated and the rulings issued thereunder. 
  
 “JPMorgan Chase’s Administrative Agent Account” means (a) the account of JPMorgan Chase, as Administrative Agent,
maintained by JPMorgan Chase, as Administrative Agent, at its office at 1111 Fannin, Houston, Texas 77002, Account No. 
  

 7 

 323243088, Attention: Leah Hughes, or (b) such other account of JPMorgan Chase, as Administrative Agent,
as is designated in writing from time to time by JPMorgan Chase, as Administrative Agent, to Altria and the Lenders for such purpose. 
  
 “Lenders” means the Initial Lenders and their respective successors and permitted assignees. 
  
 “LIBO Rate” means an interest rate per
annum equal to either: 
  
 (a) the offered rate
per annum at which deposits in Dollars appear on Telerate Page 3750 (or any successor page) as of 11:00 A.M. (London time) two Business Days before the first day of such Interest Period, or 
  
 (b) if the LIBO Rate does not appear on Telerate Page 3750
(or any successor page), then the LIBO Rate will be determined by taking the average (rounded upward to the nearest whole multiple of 1/16 of 1% per annum, if such average is not such a multiple) of the rates per annum at which deposits in Dollars
are offered by the principal office of each of the Reference Banks in London, England to prime banks in the London interbank market at 11:00 A.M. (London time) two Business Days before the first day of such Interest Period for an amount
substantially equal to the amount that would be the Reference Banks’ respective ratable shares of such Borrowing outstanding during such Interest Period and for a period equal to such Interest Period, as determined by JPMorgan Chase, as
Administrative Agent, subject, however, to the provisions of Section 2.08. 
  
 “LIBO Rate Advance” means a Pro Rata Advance that bears interest as provided in Section 2.04(a)(ii). 
  
 “Lien” has the meaning specified in Section
5.02(a). 
  
 “Major Subsidiary”
means any Subsidiary (except Kraft Foods Inc. and any of its Subsidiaries) (a) more than 50% of the voting securities of which is owned directly or indirectly by Altria, (b) which is organized and existing under, or has its principal place of
business in, the United States or any political subdivision thereof, Canada or any political subdivision thereof, any country which is a member of the European Union on the date hereof (other than Greece, Portugal or Spain) or any political
subdivision thereof, or Switzerland, Norway or Australia or any of their respective political subdivisions, and (c) which has at any time total assets (after intercompany eliminations) exceeding $1,000,000,000. 
  
 “Margin Stock” means margin stock, as such
term is defined in Regulation U. 
  
 “Multiemployer Plan” means a multiemployer plan, as defined in Section 4001(a)(3) of ERISA, to which any Borrower or any ERISA Affiliate is making or accruing an obligation to make contributions, or has within any of the
preceding five plan years made or accrued an obligation to make contributions, such plan being maintained pursuant to one or more collective bargaining agreements. 
  

 8 

 “Multiple Employer Plan” means a single employer plan, as defined in
Section 4001(a)(15) of ERISA, that (a) is maintained for employees of any Borrower or any ERISA Affiliate and at least one Person other than such Borrower and the ERISA Affiliates or (b) was so maintained and in respect of which such Borrower or any
ERISA Affiliate could have liability under Section 4064 or 4069 of ERISA in the event such plan has been or were to be terminated. 
  
 “Note” means a Pro Rata Note or a Competitive Bid Note. 
  
 “Notice of Competitive Bid Borrowing” has the meaning specified in Section 2.07(b).

  
 “Notice of Pro Rata
Borrowing” has the meaning specified in Section 2.02(a). 
  
 “Obligations” has the meaning specified in Section 8.01. 
  
 “Operating Assets” means, for any accounting period, any assets included in the consolidated balance sheet of Altria and
its Subsidiaries as “Inventories,” or “Property, plant and equipment” or “Receivables” for such period. 
  
 “Other Taxes” has the meaning specified in Section 2.15(b). 
  
 “Person” means an individual, partnership,
corporation (including a business trust), joint stock company, trust, unincorporated association, joint venture, limited liability company or other entity, or a government or any political subdivision or agency thereof. 
  
 “Plan” means a Single Employer Plan or a
Multiple Employer Plan. 
  
 “Pro Rata
Advance” means an advance by a Lender to any Borrower as part of a Pro Rata Borrowing and refers to a Base Rate Advance or a LIBO Rate Advance (each of which shall be a “Type” of Pro Rata Advance). 
  
 “Pro Rata Borrowing” means a borrowing
consisting of simultaneous Pro Rata Advances of the same Type made by each of the Lenders pursuant to Section 2.01. 
  
 “Pro Rata Note” means a promissory note of any Borrower payable to the order of any Lender, delivered pursuant to a
request made under Section 2.17 in substantially the form of Exhibit A-1 hereto, evidencing the aggregate indebtedness of such Borrower to such Lender resulting from the Pro Rata Advances made by such Lender to such Borrower. 
  
 “Reference Banks” means JPMorgan Chase,
Citibank, Credit Suisse First Boston, Cayman Islands Branch and Deutsche Bank AG New York Branch. 
  
 “Register” has the meaning specified in Section 9.07(d). 
  
 “Regulation A” means Regulation A of the Board, as in effect from time to time. 

 

 9 

 “Regulation U” means Regulation U of the Board, as in effect from time
to time. 
  
 “Required Lenders”
means at any time Lenders owed at least 50.1% of the then aggregate unpaid principal amount of the Pro Rata Advances owing to Lenders, or, if no such principal amount is then outstanding, Lenders having at least 50.1% of the Commitments. 

 
 “Single Employer Plan” means a single
employer plan, as defined in Section 4001(a)(15) of ERISA, that (a) is maintained for employees of any Borrower or any ERISA Affiliate and no Person other than such Borrower and the ERISA Affiliates or (b) was so maintained and in respect of which
such Borrower or any ERISA Affiliate could have liability under Section 4069 of ERISA in the event such plan has been or were to be terminated. 
  
 “Spin-off Transaction” means the spin-off or other not for value disposition of Philip Morris International Inc.
(“PMI”) such that Altria owns no more than a de minimus equity interest in PMI. 
  
 “Subsidiary” of any Person means any corporation of which (or in which) more than 50% of the outstanding capital stock
having voting power to elect a majority of the Board of Directors of such corporation (irrespective of whether at the time capital stock of any other class or classes of such corporation shall or might have voting power upon the occurrence of any
contingency) is at the time directly or indirectly owned or controlled by such Person, by such Person and one or more of its other Subsidiaries or by one or more of such Person’s other Subsidiaries. 
  
 “Taxes” has the meaning specified in
Section 2.15(a). 
  
 “Termination
Date” means the earlier of (a) the date that is the Business Day preceding the first anniversary of the Effective Date, (b) the date that a Spin-off Transaction is effective and (c) the date of termination in whole of the Commitments
pursuant to Section 2.10 or 6.02. 
  
 Section 1.02. Computation
of Time Periods. In this Agreement in the computation of periods of time from a specified date to a later specified date, the word “from” means “from and including” and the words “to” and “until” each mean
“to but excluding.” 
  
 Section 1.03. Accounting
Terms. All accounting terms not specifically defined herein shall be construed in accordance with accounting principles generally accepted in the United States of America, except that if there has been a material change in an accounting
principle affecting the definition of an accounting term as compared to that applied in the preparation of the financial statements of Altria as of and for the year ended December 31, 2004, then such new accounting principle shall not be used in the
determination of the amount associated with that accounting term. A material change in an accounting principle is one that, in the year of its adoption, changes the amount associated with the relevant accounting term for any quarter in such year by
more than 10%. 
  

 10 

 ARTICLE II 
  
 AMOUNTS AND TERMS OF THE ADVANCES 
  
 Section 2.01. The Pro Rata Advances. (a) Obligation to Make Pro Rata Advances. Each Lender severally agrees, on the terms and conditions
hereinafter set forth, to make Pro Rata Advances to any Borrower from time to time on any Business Day during the period from the Effective Date until the Termination Date in an aggregate amount not to exceed at any time outstanding such
Lender’s Commitment; provided, however, that the aggregate amount of the Commitments of the Lenders shall be deemed used from time to time to the extent of the aggregate amount of the Competitive Bid Advances then outstanding and
such deemed use of the aggregate amount of the Commitments shall be allocated among the Lenders ratably according to their respective Commitments (such deemed use of the aggregate amount of the Commitments being a “Competitive Bid
Reduction”). 
  
 (b) Amount of Pro Rata
Borrowings. Each Pro Rata Borrowing shall be in an aggregate amount of no less than $50,000,000 or an integral multiple of $1,000,000 in excess thereof. 
  
 (c) Type of Pro Rata Advances. Each Pro Rata Borrowing shall consist of Pro Rata Advances of the same Type made on the same day by the Lenders
ratably according to their respective Commitments. Within the limits of each Lender’s Commitment and subject to this Section 2.01, any Borrower may borrow under this Section 2.01, prepay pursuant to Section 2.11 or repay pursuant to Section
2.03 and reborrow under this Section 2.01. 
  
 Section 2.02.
Making the Pro Rata Advances. (a) Notice of Pro Rata Borrowing. Each Pro Rata Borrowing shall be made on notice, given not later than (x) 11:00 A.M. (New York City time) on the third Business Day prior to the date of the proposed Pro
Rata Borrowing in the case of a Pro Rata Borrowing consisting of LIBO Rate Advances, or (y) 9:00 A.M. (New York City time) on the date of the proposed Pro Rata Borrowing in the case of a Pro Rata Borrowing consisting of Base Rate Advances, by the
Borrower to JPMorgan Chase, as Administrative Agent, which shall give to each Lender prompt notice thereof by telecopier. Each such notice of a Pro Rata Borrowing (a “Notice of Pro Rata Borrowing”) shall be by telephone, confirmed
immediately in writing, by registered mail or telecopier in substantially the form of Exhibit B-1 hereto, specifying therein the requested: 
  
 (i) date of such Pro Rata Borrowing, 
  
 (ii) Type of Advances comprising such Pro Rata Borrowing, 
  
 (iii) aggregate amount of such Pro Rata Borrowing, and 
  
 (iv) in the case of a Pro Rata Borrowing consisting of LIBO
Rate Advances, the initial Interest Period for each such Pro Rata Advance. Notwithstanding anything herein to the contrary, no Borrower may select LIBO Rate Advances for any Pro Rata Borrowing if the obligation of the Lenders to make LIBO Rate
Advances shall then be suspended pursuant to Section 2.08(c) or 2.13. 
  

 11 

 (b) Funding Pro Rata Advances. Each Lender shall, before 11:00 A.M. (New York City time) on the
date of such Pro Rata Borrowing, make available for the account of its Applicable Lending Office to JPMorgan Chase, as Administrative Agent, at JPMorgan Chase’s Administrative Agent Account, in same day funds, such Lender’s ratable portion
of such Pro Rata Borrowing. After receipt of such funds by JPMorgan Chase, as Administrative Agent, and upon fulfillment of the applicable conditions set forth in Article III, JPMorgan Chase, as Administrative Agent, will make such funds available
to the relevant Borrower at the address of JPMorgan Chase, as Administrative Agent, referred to in Section 9.02. 
  
 (c) Irrevocable Notice. Each Notice of Pro Rata Borrowing of any Borrower shall be irrevocable and binding on such Borrower. In the case of any Pro
Rata Borrowing that the related Notice of Pro Rata Borrowing specifies is to be comprised of LIBO Rate Advances, the Borrower requesting such Pro Rata Borrowing shall indemnify each Lender against any loss, cost or expense incurred by such Lender as
a result of any failure to fulfill on or before the date specified in such Notice of Pro Rata Borrowing for such Pro Rata Borrowing the applicable conditions set forth in Article III, including, without limitation, any loss (excluding loss of
anticipated profits), cost or expense incurred by reason of the liquidation or reemployment of deposits or other funds acquired by such Lender to fund the Pro Rata Advance to be made by such Lender as part of such Pro Rata Borrowing when such Pro
Rata Advance, as a result of such failure, is not made on such date. 
  
 (d) Lender’s Ratable Portion. Unless JPMorgan Chase, as Administrative Agent, shall have received notice from a Lender prior to 11:00 A.M. (New York City time) on the day of any Pro Rata Borrowing that such Lender will not make
available to JPMorgan Chase, as Administrative Agent, such Lender’s ratable portion of such Pro Rata Borrowing, JPMorgan Chase, as Administrative Agent, may assume that such Lender has made such portion available to JPMorgan Chase, as
Administrative Agent, on the date of such Pro Rata Borrowing in accordance with Section 2.02(b) and JPMorgan Chase, as Administrative Agent, may, in reliance upon such assumption, make available to the Borrower proposing such Pro Rata Borrowing on
such date a corresponding amount. If and to the extent that such Lender shall not have so made such ratable portion available to JPMorgan Chase, as Administrative Agent, such Lender and such Borrower severally agree to repay to JPMorgan Chase, as
Administrative Agent, forthwith on demand such corresponding amount together with interest thereon, for each day from the date such amount is made available to such Borrower until the date such amount is repaid to JPMorgan Chase, as Administrative
Agent, at: 
  
 (i) in the case of such Borrower,
the higher of (A) the interest rate applicable at the time to Pro Rata Advances comprising such Pro Rata Borrowing and (B) the cost of funds incurred by JPMorgan Chase, as Administrative Agent, in respect of such amount, and 
  
 (ii) in the case of such Lender, the Federal Funds Effective
Rate. 
  
 If such Lender shall repay to JPMorgan Chase, as Administrative Agent,
such corresponding amount, such amount so repaid shall constitute such Lender’s Pro Rata Advance as part of such Pro Rata Borrowing for purposes of this Agreement. 
  

 12 

 (e) Independent Lender Obligations. The failure of any Lender to make the Pro Rata Advance to be
made by it as part of any Pro Rata Borrowing shall not relieve any other Lender of its obligation, if any, hereunder to make its Pro Rata Advance on the date of such Pro Rata Borrowing, but no Lender shall be responsible for the failure of any other
Lender to make the Pro Rata Advance to be made by such other Lender on the date of any Pro Rata Borrowing. 
  
 Section 2.03. Repayment of Pro Rata Advances. Each Borrower shall repay to JPMorgan Chase, as Administrative Agent, for the ratable account of the
Lenders on the Termination Date the unpaid principal amount of the Pro Rata Advances then outstanding. 
  
 Section 2.04. Interest on Pro Rata Advances. (a) Scheduled Interest. Each Borrower shall pay interest on the unpaid principal amount of each
Pro Rata Advance owing by such Borrower to each Lender from the date of such Pro Rata Advance until such principal amount shall be paid in full, at the following rates per annum: 
  
 (i) Base Rate Advances. During such periods as such Pro Rata Advance is a Base Rate Advance, a rate
per annum equal at all times to the Base Rate in effect from time to time, payable in arrears monthly on the 20th day of each month and on the date such Base Rate Advance shall be Converted or paid in full. 
  
 (ii) LIBO Rate Advances. During such periods as such
Pro Rata Advance is a LIBO Rate Advance, a rate per annum equal at all times during each Interest Period for such Pro Rata Advance to the sum of (x) the LIBO Rate for such Interest Period for such Pro Rata Advance plus (y) the Applicable
Interest Rate Margin in effect from time to time, payable in arrears on the last day of such Interest Period and, if such Interest Period has a duration of more than three months, on each day that occurs during such Interest Period every three
months from the first day of such Interest Period, and on the date such LIBO Rate Advance shall be Converted or paid in full. 
  
 (b) Default Interest. Upon the occurrence and during the continuance of an Event of Default, each Borrower shall pay interest on the unpaid
principal amount of each Pro Rata Advance owing to each Lender, payable in arrears on the dates referred to in Section 2.04(a)(i) or Section 2.04(a)(ii), at a rate per annum equal at all times to 1% per annum above the rate per annum required to be
paid on such Pro Rata Advance. 
  
 Section 2.05. Additional
Interest on LIBO Rate Advances. Each Borrower shall pay to each Lender, so long as such Lender shall be required under regulations of the Board to maintain reserves with respect to liabilities or assets consisting of or including Eurocurrency
Liabilities, additional interest on the unpaid principal amount of each LIBO Rate Advance of such Lender to such Borrower, from the date of such Advance until such principal amount is paid in full, at an interest rate per annum equal at all times to
the remainder obtained by subtracting (i) the LIBO Rate for the Interest Period for such Advance from (ii) the rate obtained by dividing such LIBO Rate by a percentage equal to 100% minus the Eurocurrency Rate Reserve Percentage of such Lender for
such Interest Period, payable on each date on which interest is payable on such Advance. Such additional interest shall be determined by such Lender and notified to Altria through JPMorgan Chase, as Administrative Agent. 
  

 13 

 Section 2.06. Conversion of Pro Rata Advances. (a) Conversion Upon Absence of Interest
Period. If any Borrower shall fail to select the duration of any Interest Period for any LIBO Rate Advances in accordance with the provisions contained in the definition of the term “Interest Period,” JPMorgan Chase, as Administrative
Agent, will forthwith so notify such Borrower and the Lenders, and such Advances will automatically, on the last day of the then existing Interest Period therefor, Convert into Base Rate Advances. 
  
 (b) Conversion Upon Event of Default. Upon the occurrence and during
the continuance of any Event of Default under Section 6.01(a), JPMorgan Chase, as Administrative Agent, or the Required Lenders may elect that (i) each LIBO Rate Advance be, on the last day of the then existing Interest Period therefor, Converted
into Base Rate Advances and (ii) the obligation of the Lenders to make, or to Convert Advances into, LIBO Rate Advances be suspended. 
  
 (c) Voluntary Conversion. Subject to the provisions of Sections 2.08(c) and 2.13, any Borrower may convert all such Borrower’s Pro Rata
Advances of one Type constituting the same Pro Rata Borrowing into Advances of the other Type on any Business Day, upon notice given to JPMorgan Chase, as Administrative Agent, not later than 11:00 A.M. (New York City time) on the third Business Day
prior to the date of the proposed Conversion; provided, however, that the Conversion of a LIBO Rate Advance into a Base Rate Advance may be made on, and only on, the last day of an Interest Period for such LIBO Rate Advance. Each such
notice of a Conversion shall, within the restrictions specified above, specify 
  
 (i) the date of such Conversion; 
  
 (ii) the Pro Rata Advances to be Converted; and 
  

(iii) if such Conversion is into LIBO Rate Advances, the duration of the Interest Period for each such Pro Rata Advance. 
  
 Section 2.07. The Competitive Bid Advances. (a) Competitive Bid
Advances’ Impact on Commitments. Each Lender severally agrees that any Borrower may make Competitive Bid Borrowings under this Section 2.07 from time to time on any Business Day during the period from the Effective Date until the
Termination Date in the manner set forth below; provided that, following the making of each Competitive Bid Borrowing, the aggregate amount of the Advances then outstanding shall not exceed the aggregate amount of the Commitments of the
Lenders. As provided in Section 2.01, the aggregate amount of the Commitments of the Lenders shall be deemed used from time to time to the extent of the aggregate amount of the Competitive Bid Advances then outstanding, and such deemed use of the
aggregate amount of the Commitments shall be applied to the Lenders ratably according to their respective Commitments; provided, however, that any Lender’s Competitive Bid Advances shall not otherwise reduce that Lender’s
obligation to lend its pro rata share of the remaining available Commitments. 
  
 (b) Notice of Competitive Bid Borrowing. Any Borrower may request a Competitive Bid Borrowing under this Section 2.07 by delivering to JPMorgan Chase, as Administrative 
  

 14 

 Agent, by telecopier, a notice of a Competitive Bid Borrowing (a “Notice of Competitive Bid Borrowing”),
in substantially the form of Exhibit B-2 hereto, specifying therein the following: 
  
 (i) date of such proposed Competitive Bid Borrowing; 
  
 (ii) aggregate amount of such proposed Competitive Bid Borrowing; 
  
 (iii) interest rate basis and day count convention to be
offered by the Lenders; 
  
 (iv) in the case of a
Competitive Bid Borrowing consisting of Floating Rate Bid Advances, Interest Period, or in the case of a Competitive Bid Borrowing consisting of Fixed Rate Bid Advances, maturity date for repayment of each Fixed Rate Bid Advance to be made as part
of such Competitive Bid Borrowing (which maturity date may not be earlier than the date occurring seven days after the date of such Competitive Bid Borrowing or later than the earlier of (A) 360 days after the date of such Competitive Bid Borrowing
and (B) the Termination Date); 
  
 (v) interest
payment date or dates relating thereto; 
  
 (vi)
location of such Borrower’s account to which funds are to be advanced; and 
  
 (vii) other terms (if any) to be applicable to such Competitive Bid Borrowing. 
  
 A Borrower requesting a Competitive Bid Borrowing shall deliver a Notice of Competitive Bid
Borrowing to JPMorgan Chase, as Administrative Agent, not later than 10:00 A.M. (New York City time) (x) at least two Business Days prior to the date of the proposed Competitive Bid Borrowing, if such Borrower shall specify in the Notice of
Competitive Bid Borrowing that the Competitive Bid Borrowing shall be Fixed Rate Bid Advances, or (y) at least four Business Days prior to the date of the proposed Competitive Bid Borrowing, if such Borrower shall specify in the Notice of
Competitive Bid Borrowing that the Competitive Bid Borrowing shall be Floating Rate Bid Advances. Each Notice of Competitive Bid Borrowing shall be irrevocable and binding on such Borrower. JPMorgan Chase, as Administrative Agent, shall in turn
promptly notify each Lender of each request for a Competitive Bid Borrowing received by it from such Borrower by sending such Lender a copy of the related Notice of Competitive Bid Borrowing. 
  
 (c) Discretion as to Competitive Bid Advances. Each Lender may, in its
sole discretion, elect to irrevocably offer to make one or more Competitive Bid Advances to the applicable Borrower as part of such proposed Competitive Bid Borrowing at a rate or rates of interest specified by such Lender in its sole discretion, by
notifying JPMorgan Chase, as Administrative Agent (which shall give prompt notice thereof to such Borrower), before 9:30 A.M. (New York City time) (A) on the Business Day prior to the date of such proposed Competitive Bid Borrowing, in the case of a
Competitive Bid Borrowing consisting of Fixed Rate Bid Advances, and (B) on the third Business Day prior to the date of such proposed Competitive Bid Borrowing, in the case of a Competitive Bid Borrowing consisting of Floating Rate Bid Advances;
provided that, if JPMorgan Chase in its capacity as a Lender shall, in its sole 
  

 15 

 discretion, elect to make any such offer, it shall notify such Borrower of such offer at least 30 minutes before the time
and on the date on which notice of such election is to be given by any other Lender to JPMorgan Chase, as Administrative Agent. In such notice, the Lender shall specify the following: 
  
 (i) the minimum amount and maximum amount of each Competitive Bid Advance which such Lender would be willing
to make as part of such proposed Competitive Bid Borrowing (which amounts may, subject to the proviso to the first sentence of Section 2.07(a), exceed such Lender’s Commitment); 
  
 (ii) the rate or rates of interest therefor; and 
  
 (iii) such Lender’s Applicable Lending Office with
respect to such Competitive Bid Advance. 
  
 If any Lender shall elect not to make
such an offer, such Lender shall so notify JPMorgan Chase, as Administrative Agent, before 9:30 A.M. (New York City time) on the date on which notice of such election is to be given to JPMorgan Chase, as Administrative Agent, by the other Lenders,
and such Lender shall not be obligated to, and shall not, make any Competitive Bid Advance as part of such Competitive Bid Borrowing; provided further that the failure by any Lender to give such notice shall not cause such Lender to be
obligated to make any Competitive Bid Advance as part of such proposed Competitive Bid Borrowing. 
  
 (d) Borrower Selection of Lender Bids. The Borrower proposing the Competitive Bid Borrowing shall, in turn, (A) before 12:00 noon (New York City
time) on the Business Day prior to the date of such proposed Competitive Bid Borrowing, in the case of a Competitive Bid Borrowing consisting of Fixed Rate Bid Advances and (B) before 12:00 noon (New York City time) on the third Business Day prior
to the date of such proposed Competitive Bid Borrowing, in the case of a Competitive Bid Borrowing consisting of Floating Rate Bid Advances, either: 
  
 (i) cancel such Competitive Bid Borrowing by giving JPMorgan Chase, as Administrative Agent, notice to that effect, or 
  
 (ii) accept, in its sole discretion, one or more of the
offers made by any Lender or Lenders pursuant to Section 2.07(c), by giving notice to JPMorgan Chase, as Administrative Agent, of the amount of each Competitive Bid Advance (which amount shall be equal to or greater than the minimum amount, and
equal to or less than the maximum amount, notified to such Borrower by JPMorgan Chase, as Administrative Agent on behalf of such Lender, for such Competitive Bid Advance pursuant to Section 2.07(c) to be made by each Lender as part of such
Competitive Bid Borrowing) and reject any remaining offers made by Lenders pursuant to Section 2.07(c) by giving JPMorgan Chase, as Administrative Agent, notice to that effect. Such Borrower shall accept the offers made by any Lender or Lenders to
make Competitive Bid Advances in order of the lowest to the highest rates of interest offered by such Lenders. If two or more Lenders have offered the same interest rate, the amount to be borrowed at such interest rate will be allocated among such
Lenders in proportion to the maximum amount that each such Lender offered at such interest rate. 
  

 16 

 If the Borrower proposing the Competitive Bid Borrowing notifies JPMorgan Chase, as Administrative Agent, that such
Competitive Bid Borrowing is canceled pursuant to Section 2.07(d)(i), or if such Borrower fails to give timely notice in accordance with Section 2.07(d), JPMorgan Chase, as Administrative Agent, shall give prompt notice thereof to the Lenders and
such Competitive Bid Borrowing shall not be made. 
  
 (e)
Competitive Bid Borrowing. If the Borrower proposing the Competitive Bid Borrowing accepts one or more of the offers made by any Lender or Lenders pursuant to Section 2.07(d)(ii), JPMorgan Chase, as Administrative Agent, shall in turn
promptly notify: 
  
 (i) each Lender that has
made an offer as described in Section 2.07(c), whether or not any offer or offers made by such Lender pursuant to Section 2.07(c) have been accepted by such Borrower; 
  
 (ii) each Lender that is to make a Competitive Bid Advance as part of such Competitive Bid Borrowing, of the
date and amount of each Competitive Bid Advance to be made by such Lender as part of such Competitive Bid Borrowing; and 
  
 (iii) each Lender that is to make a Competitive Bid Advance as part of such Competitive Bid Borrowing, upon receipt, that JPMorgan Chase,
as Administrative Agent, has received forms of documents appearing to fulfill the applicable conditions set forth in Article III. 
  
 When each Lender that is to make a Competitive Bid Advance as part of such Competitive Bid Borrowing has received notice pursuant to Section 2.07(e)(iii), such Lender
shall, before 11:00 A.M. (New York City time), on the date of such Competitive Bid Borrowing specified in the notice received from JPMorgan Chase, as Administrative Agent, pursuant to Section 2.07(e)(i), make available for the account of its
Applicable Lending Office to JPMorgan Chase, as Administrative Agent, at its address referred to in Section 9.02, in same day funds, such Lender’s portion of such Competitive Bid Borrowing. Upon fulfillment of the applicable conditions set
forth in Article III and after receipt by JPMorgan Chase, as Administrative Agent, of such funds, JPMorgan Chase, as Administrative Agent, will make such funds available to such Borrower at the location specified by such Borrower in its Notice of
Competitive Bid Borrowing. Promptly after each Competitive Bid Borrowing, JPMorgan Chase, as Administrative Agent, will notify each Lender of the amount of the Competitive Bid Borrowing, the consequent Competitive Bid Reduction and the dates upon
which such Competitive Bid Reduction commenced and will terminate. 
  
 (f) Irrevocable Notice. If the Borrower proposing the Competitive Bid Borrowing notifies JPMorgan Chase, as Administrative Agent, that it accepts one or more of the offers made by any Lender or Lenders pursuant to Section 2.07(c),
such notice of acceptance shall be irrevocable and binding on such Borrower. Such Borrower shall indemnify each Lender against any loss, cost or expense incurred by such Lender as a result of any failure to fulfill on or before the date specified in
the related Notice of Competitive Bid Borrowing for such Competitive Bid Borrowing the applicable conditions set forth in Article III, including, without limitation, any loss (excluding loss of anticipated profits), cost or expense incurred by
reason of the liquidation or reemployment of deposits or other funds acquired by such Lender to fund the Competitive Bid 
  

 17 

 Advance to be made by such Lender as part of such Competitive Bid Borrowing when such Competitive Bid Advance, as a
result of such failure, is not made on such date. 
  
 (g)
Amount of Competitive Bid Borrowings; Competitive Bid Notes. Each Competitive Bid Borrowing shall be in an aggregate amount of $50,000,000 or an integral multiple of $1,000,000 in excess thereof and, following the making of each Competitive
Bid Borrowing, the aggregate amount of Advances then outstanding shall not exceed the aggregate amount of the Commitments of the Lenders. Within the limits and on the conditions set forth in this Section 2.07, any Borrower may from time to time
borrow under this Section 2.07, prepay pursuant to Section 2.11 or repay pursuant to Section 2.07(h), and reborrow under this Section 2.07; provided that a Competitive Bid Borrowing shall not be made within two Business Days of the date of
any other Competitive Bid Borrowing. The indebtedness of any Borrower resulting from each Competitive Bid Advance made to such Borrower as part of a Competitive Bid Borrowing shall be evidenced by a separate Competitive Bid Note of such Borrower
payable to the order of the Lender making such Competitive Bid Advance. 
  
 (h) Repayment of Competitive Bid Advances. On the maturity date of each Competitive Bid Advance provided in the Competitive Bid Note evidencing such Competitive Bid Advance, the Borrower shall repay to JPMorgan Chase, as
Administrative Agent, for the account of each Lender that has made a Competitive Bid Advance the then unpaid principal amount of such Competitive Bid Advance. Except as required by Section 2.11(b), no Borrower shall have any right to prepay any
principal amount of any Competitive Bid Advance unless, and then only on the terms set forth in the Competitive Bid Note evidencing such Competitive Bid Advance. 
  
 (i) Interest on Competitive Bid Advances. Each Borrower that has borrowed through a Competitive Bid Borrowing shall
pay interest on the unpaid principal amount of each Competitive Bid Advance from the date of such Competitive Bid Advance to the date the principal amount of such Competitive Bid Advance is repaid in full, at the rate of interest for such
Competitive Bid Advance and on the interest payment date or dates set forth in the Competitive Bid Note evidencing such Competitive Bid Advance. Upon the occurrence and during the continuance of an Event of Default, such Borrower shall pay interest
on the amount of unpaid principal of each Competitive Bid Advance owing to a Lender, payable in arrears on the date or dates interest is payable thereon, at a rate per annum equal at all times to 1% per annum above the rate per annum required to be
paid on such Competitive Bid Advance under the terms of the Competitive Bid Note evidencing such Competitive Bid Advance unless otherwise agreed in such Competitive Bid Note. 
  
 Section 2.08. LIBO Rate Determination. (a) Methods to Determine LIBO Rate. JPMorgan Chase, as Administrative
Agent, shall determine the LIBO Rate by using the methods described in the definition of the term “LIBO Rate,” and shall give prompt notice to the Borrower and Lenders of each such LIBO Rate. 
  
 (b) Role of Reference Banks. In the event that the LIBO Rate cannot be
determined by the method described in clause (a) of the definition of “LIBO Rate,” each Reference Bank agrees to furnish to JPMorgan Chase, as Administrative Agent, timely information for the purpose of determining the LIBO Rate in
accordance with the method described in clause (b) of 
  

 18 

 the definition thereof. If any one or more of the Reference Banks shall not furnish such timely information to JPMorgan
Chase, as Administrative Agent, for the purpose of determining a LIBO Rate, JPMorgan Chase, as Administrative Agent, shall determine such interest rate on the basis of timely information furnished by the remaining Reference Banks. If fewer than two
Reference Banks furnish timely information to JPMorgan Chase, as Administrative Agent, for determining the LIBO Rate for any LIBO Rate Advances or Floating Rate Bid Advances, as the case may be, then: 
  
 (i) JPMorgan Chase, as Administrative Agent, shall forthwith
notify Altria and the Lenders that the interest rate cannot be determined for such LIBO Rate Advance or Floating Rate Bid Advances, as the case may be; 
  
 (ii) with respect to each LIBO Rate Advance, such Advance will, on the last day of the then existing Interest Period therefor, be prepaid
by the Borrower or be automatically Converted into a Base Rate Advance; and 
  
 (iii) the obligation of the Lenders to make LIBO Rate Advances or Floating Rate Bid Advances or to Convert Base Rate Advances into LIBO Rate Advances shall be suspended until JPMorgan Chase, as Administrative Agent,
shall notify Altria and the Lenders that the circumstances causing such suspension no longer exist. 
  
 JPMorgan Chase, as Administrative Agent, shall give prompt notice to Altria and the Lenders of the applicable interest rate determined by JPMorgan Chase, as Administrative Agent, for purposes of Section 2.04(a)(i) or
(ii), and the rate, if any, furnished by each Reference Bank for the purpose of determining the interest rate under Section 2.04(a)(ii) or the applicable LIBO Rate. 
  
 (c) Inadequate LIBO Rate. If, with respect to any LIBO Rate Advances, the Required Lenders notify JPMorgan Chase, as
Administrative Agent, that (i) they are unable to obtain matching deposits in the London interbank market at or about 11:00 A.M. (London time) on the second Business Day before the making of a Borrowing in sufficient amounts to fund their respective
LIBO Rate Advances as a part of such Borrowing during the Interest Period therefor or (ii) the LIBO Rate for any Interest Period for such Advances will not adequately reflect the cost to such Required Lenders of making, funding or maintaining their
respective LIBO Rate Advances for such Interest Period, JPMorgan Chase, as Administrative Agent, shall forthwith so notify Altria and the Lenders, whereupon (A) the Borrower of such LIBO Rate Advances will, on the last day of the then existing
Interest Period therefor, either (x) prepay such Advances or (y) Convert such Advances into Base Rate Advances and (B) the obligation of the Lenders to make, or to Convert Base Rate Advances into, LIBO Rate Advances shall be suspended until JPMorgan
Chase, as Administrative Agent, shall notify Altria and the Lenders that the circumstances causing such suspension no longer exist. In the case of clause (ii) above, each Lender shall certify its cost of funds for each Interest Period to JPMorgan
Chase, as Administrative Agent, and Altria as soon as practicable (but in any event not later than 10 Business Days after the last day of such Interest Period). 
  

 19 

 Section 2.09. Fees. (a) Facility Fee. Altria agrees to pay to JPMorgan Chase, as
Administrative Agent, for the account of each Lender a facility fee on the aggregate amount of such Lender’s Commitment (whether or not used and without giving effect to any Competitive Bid Reduction) from the date hereof in the case of each
Initial Lender and from the effective date specified in the Assignment and Acceptance pursuant to which it became a Lender in the case of each other Lender until the Termination Date at the Applicable Facility Fee Rate, in each case payable on the
last day of each March, June, September and December until the Termination Date and on the Termination Date. 
  
 (b) Agent’s Fees. Altria shall pay to JPMorgan Chase, as Administrative Agent, for its own account such fees as may from time to time be
agreed between Altria and such Agent. 
  
 Section 2.10.
Termination or Reduction of the Commitments. Altria shall have the right, upon at least three Business Days’ notice to JPMorgan Chase, as Administrative Agent, to terminate in whole or reduce ratably in part the unused portions of the
respective Commitments of the Lenders; provided that each partial reduction shall be in the aggregate amount of no less than $50,000,000 or the remaining balance if less than $50,000,000; and provided further that the aggregate
amount of the Commitments of the Lenders shall not be reduced to an amount that is less than the aggregate principal amount of the Competitive Bid Advances then outstanding. 
  
 Section 2.11. Prepayments. (a) Optional Prepayment of Pro Rata Advances. Each Borrower may, in the case of any
LIBO Rate Advance, upon at least three Business Days’ notice to JPMorgan Chase, as Administrative Agent, or, in the case of any Base Rate Advance, upon notice given to JPMorgan Chase, as Administrative Agent, not later than 9:00 A.M. (New York
City time) on the date of the proposed prepayment, in each case stating the proposed date and aggregate principal amount of the prepayment, and if such notice is given such Borrower shall, prepay the outstanding principal amount of the Pro Rata
Advances comprising part of the same Pro Rata Borrowing in whole or ratably in part, together with accrued interest to the date of such prepayment on the principal amount prepaid; provided, however, that (x) each partial prepayment
shall be in an aggregate principal amount of no less than $50,000,000 or the remaining balance if less than $50,000,000 and (y) in the event of any such prepayment of a LIBO Rate Advance, such Borrower shall be obligated to reimburse the Lenders in
respect thereof pursuant to Section 9.04(b). 
  
 (b) Mandatory
Prepayment. The Borrower shall, on each Business Day, prepay an aggregate principal amount of the Advances equal to the amount by which (A) the aggregate principal amount of the Advances then outstanding exceeds (B) the aggregate of the
Commitments (after giving effect to any Competitive Bid Reduction) on such Business Day. Prepayments under this Section 2.11(b) shall be allocated first to Base Rate Advances, ratably; any excess amount shall then be allocated to LIBO Rate Advances,
in such manner as the Borrower shall determine; and any remaining amount shall be allocated to Competitive Bid Advances, in such manner as the Borrower shall determine. 
  
 Each prepayment made pursuant to this Section 2.11(b) shall be made together with any interest accrued to the date of such
prepayment on the principal amounts prepaid and, in the case of any prepayment of a LIBO Rate Advance or a Floating Rate Bid Advance on a date 
  

 20 

 other than the last day of an Interest Period or at its maturity, any additional amounts which such Borrower shall be
obligated to reimburse to the Lenders in respect thereof pursuant to Section 9.04(b). JPMorgan Chase, as Administrative Agent, shall give prompt notice of any prepayment required under this Section 2.11(b) to the Borrowers and the Lenders.

  
 Section 2.12. Increased Costs. (a) Costs from Change
in Law or Authorities. If, due to either (i) the introduction of or any change (other than any change by way of imposition or increase of reserve requirements to the extent such change is included in the Eurocurrency Rate Reserve Percentage) in
or in the interpretation of any law or regulation or (ii) the compliance with any guideline or request from any central bank or other governmental authority (whether or not having the force of law), there shall be any increase in the cost to any
Lender of agreeing to make or making, funding or maintaining LIBO Rate Advances or Floating Rate Bid Advances (excluding for purposes of this Section 2.12 any such increased costs resulting from (i) Taxes or Other Taxes (as to which Section 2.15
shall govern) and (ii) changes in the basis of taxation of overall net income or overall gross income by the United States or by the foreign jurisdiction or state under the laws of which such Lender is organized or has its Applicable Lending Office
or any political subdivision thereof), then the Borrower of the affected Advances shall from time to time, upon demand by such Lender (with a copy of such demand to JPMorgan Chase, as Administrative Agent), pay to JPMorgan Chase, as Administrative
Agent, for the account of such Lender additional amounts sufficient to compensate such Lender for such increased cost; provided, however, that before making any such demand, each Lender agrees to use reasonable efforts (consistent with
its internal policy and legal and regulatory restrictions) to designate a different Applicable Lending Office if the making of such a designation would avoid the need for, or reduce the amount of, such increased cost and would not, in the reasonable
judgment of such Lender, be otherwise disadvantageous to such Lender. A certificate as to the amount of such increased cost, submitted to Altria, such Borrower and JPMorgan Chase, as Administrative Agent, by such Lender, shall be conclusive and
binding for all purposes, absent manifest error. 
  
 (b)
Reduction in Lender’s Rate of Return. In the event that, after the date hereof, the implementation of or any change in any law or regulation, or any guideline or directive (whether or not having the force of law) or the interpretation or
administration thereof by any central bank or other authority charged with the administration thereof, imposes, modifies or deems applicable any capital adequacy or similar requirement (including, without limitation, a request or requirement which
affects the manner in which any Lender allocates capital resources to its commitments, including its obligations hereunder) and as a result thereof, in the sole opinion of such Lender, the rate of return on such Lender’s capital as a
consequence of its obligations hereunder is reduced to a level below that which such Lender could have achieved but for such circumstances, but reduced to the extent that Borrowings are outstanding from time to time, then in each such case, upon
demand from time to time Altria shall pay to such Lender such additional amount or amounts as shall compensate such Lender for such reduction in rate of return; provided that, in the case of each Lender, such additional amount or amounts
shall not exceed 0.15 of 1% per annum of such Lender’s Commitment. A certificate of such Lender as to any such additional amount or amounts shall be conclusive and binding for all purposes, absent manifest error. Except as provided below, in
determining any such amount or amounts each Lender may use any reasonable averaging and attribution methods. Notwithstanding the foregoing, each Lender shall take all reasonable actions to avoid the imposition of, or reduce the amounts of, such
increased costs, provided that such actions, in the reasonable judgment of such 
  

 21 

 Lender, will not be otherwise disadvantageous to such Lender, and, to the extent possible, each Lender will calculate
such increased costs based upon the capital requirements for its Commitment hereunder and not upon the average or general capital requirements imposed upon such Lender. 
  
 Section 2.13. Illegality. Notwithstanding any other provision of this Agreement, if any Lender shall notify JPMorgan
Chase, as Administrative Agent, that the introduction of or any change in, or in the interpretation of, any law or regulation makes it unlawful, or any central bank or other governmental authority asserts that it is unlawful, for any Lender or its
Eurocurrency Lending Office to perform its obligations hereunder to make LIBO Rate Advances or Floating Rate Bid Advances or to fund or maintain LIBO Rate Advances or Floating Rate Bid Advances, (a) each LIBO Rate Advance or Floating Rate Bid
Advances, as the case may be, will automatically, upon such demand, be Converted into a Base Rate Advance or an Advance that bears interest at the rate set forth in Section 2.04(a)(i), as the case may be, and (b) the obligation of the Lenders to
make LIBO Rate Advances or Floating Rate Bid Advances or to Convert Base Rate Advances into LIBO Rate Advances shall be suspended, in each case, until JPMorgan Chase, as Administrative Agent, shall notify Altria and the Lenders that the
circumstances causing such suspension no longer exist; provided, however, that before making any such demand, each Lender agrees to use reasonable efforts (consistent with its internal policy and legal and regulatory restrictions) to
designate a different Eurocurrency Lending Office if the making of such a designation would allow such Lender or its Eurocurrency Lending Office to continue to perform its obligations to make LIBO Rate Advances or Floating Rate Bid Advances or to
continue to fund or maintain LIBO Rate Advances or Floating Rate Bid Advances, as the case may be, and would not, in the judgment of such Lender, be otherwise disadvantageous to such Lender. 
  
 Section 2.14. Payments and Computations. (a) Time and Distribution
of Payments. Altria and each Borrower shall make each payment hereunder, without set-off or counterclaim, not later than 11:00 A.M. (New York City time) on the day when due to JPMorgan Chase, as Administrative Agent, at JPMorgan Chase’s
Administrative Agent Account in same day funds. JPMorgan Chase, as Administrative Agent, will promptly thereafter cause to be distributed like funds relating to the payment of principal or interest or facility fees ratably (other than amounts
payable pursuant to Section 2.07, 2.12, 2.15 or 9.04(b)) to the Lenders for the account of their respective Applicable Lending Offices, and like funds relating to the payment of any other amount payable to any Lender to such Lender for the account
of its Applicable Lending Office, in each case to be applied in accordance with the terms of this Agreement. From and after the effective date of an Assignment and Acceptance pursuant to Section 9.07, JPMorgan Chase, as Administrative Agent, shall
make all payments hereunder in respect of the interest assigned thereby to the Lender assignee thereunder, and the parties to such Assignment and Acceptance shall make all appropriate adjustments in such payments for periods prior to such effective
date directly between themselves. 
  
 (b) Computation of
Interest and Fees. All computations of interest based on JPMorgan Chase’s prime rate shall be made by JPMorgan Chase, as Administrative Agent, on the basis of a year of 365 or 366 days, as the case may be. All computations of interest based
on the LIBO Rate or the Federal Funds Effective Rate and of facility fees shall be made by JPMorgan Chase, as Administrative Agent and all computations of interest pursuant to Section 
  

 22 

 2.05 shall be made by a Lender, on the basis of a year of 360 days, and all computations of interest in respect of
Competitive Bid Advances shall be made by JPMorgan Chase, as Administrative Agent, as specified in the applicable Notice of Competitive Bid Notice, in each case for the actual number of days (including the first day but excluding the last day)
occurring in the period for which such interest or facility fees are payable. Each determination by JPMorgan Chase, as Administrative Agent (or, in the case of Section 2.05 by a Lender), of an interest rate hereunder shall be conclusive and binding
for all purposes, absent manifest error. 
  
 (c) Payment Due
Dates. Whenever any payment hereunder shall be stated to be due on a day other than a Business Day, such payment shall be made on the next succeeding Business Day, and such extension of time shall in such case be included in the computation of
payment of interest or facility fee, as the case may be; provided, however, that if such extension would cause payment of interest on or principal of LIBO Rate Advances or Floating Rate Bid Advances to be made in the next following
calendar month, such payment shall be made on the immediately preceding Business Day. 
  
 (d) Presumption of Borrower Payment. Unless JPMorgan Chase, as Administrative Agent, receives notice from any Borrower prior to the date on which any payment is due to the Lenders hereunder that such Borrower
will not make such payment in full, JPMorgan Chase, as Administrative Agent, may assume that such Borrower has made such payment in full to JPMorgan Chase, as Administrative Agent, on such date and JPMorgan Chase, as Administrative Agent, may, in
reliance upon such assumption, cause to be distributed to each Lender on such due date an amount equal to the amount then due such Lender. If and to the extent such Borrower has not made such payment in full to JPMorgan Chase, as Administrative
Agent, each Lender shall repay to JPMorgan Chase, as Administrative Agent, forthwith on demand such amount distributed to such Lender together with interest thereon, for each day from the date such amount is distributed to such Lender until the date
such Lender repays such amount to JPMorgan Chase, as Administrative Agent, at the Federal Funds Effective Rate. 
  
 Section 2.15. Taxes. (a) Any and all payments by each Borrower and Altria hereunder shall be made, in accordance with Section 2.14, free and clear
of and without deduction for any and all present or future taxes, levies, imposts, deductions, charges or withholdings, and all liabilities with respect thereto, excluding, (i) in the case of each Lender and JPMorgan Chase, as Administrative
Agent, taxes imposed on its net income, and franchise taxes imposed on it, by the jurisdiction under the laws of which such Lender or JPMorgan Chase, as Administrative Agent (as the case may be), is organized or any political subdivision thereof,
(ii) in the case of each Lender, taxes imposed on its net income, and franchise taxes imposed on it, by the jurisdiction of such Lender’s Applicable Lending Office or any political subdivision thereof, (iii) in the case of each Lender and
JPMorgan Chase, as Administrative Agent, taxes imposed on its net income, franchise taxes imposed on it, and any tax imposed by means of withholding to the extent such tax is imposed solely as a result of a present or former connection (other than
the execution, delivery and performance of this Agreement or a Note) between the Lender or JPMorgan Chase, as Administrative Agent, as the case may be, and the taxing jurisdiction, and (iv) in the case of each Lender and JPMorgan Chase, as
Administrative Agent, taxes imposed by the United States by means of withholding tax if and to the extent that such taxes shall be in effect and shall be applicable on the date hereof to payments to be made to such Lender’s Applicable Lending
Office or to JPMorgan Chase, as Administrative Agent (all such 
  

 23 

 non-excluded taxes, levies, imposts, deductions, charges, withholdings and liabilities in respect of payments hereunder
being hereinafter referred to as “Taxes”). If any Borrower or Altria shall be required by law to deduct any Taxes from or in respect of any sum payable hereunder to any Lender or JPMorgan Chase, as Administrative Agent, (i) the sum
payable shall be increased as may be necessary so that after making all required deductions (including deductions applicable to additional sums payable under this Section 2.15) such Lender or JPMorgan Chase, as Administrative Agent (as the case may
be), receives an amount equal to the sum it would have received had no such deductions been made, (ii) such Borrower or Altria shall make such deductions and (iii) such Borrower or Altria shall pay the full amount deducted to the relevant taxation
authority or other authority in accordance with applicable law. 
  
 (b) In addition, each Borrower or Altria shall pay any present or future stamp or documentary taxes or any other excise or property taxes, charges or similar levies that arise from any payment made hereunder or from the execution, delivery
or registration of, performing under, or otherwise with respect to, this Agreement (hereinafter referred to as “Other Taxes”). 
  
 (c) Each Borrower and Altria shall indemnify each Lender and JPMorgan Chase, as Administrative Agent, for and hold it harmless against the full amount of
Taxes or Other Taxes (including, without limitation, Taxes and Other Taxes imposed by any jurisdiction on amounts payable under this Section 2.15) paid by such Lender or JPMorgan Chase, as Administrative Agent (as the case may be), and any liability
(including penalties, interest and expenses) arising therefrom or with respect thereto, whether or not such Taxes or Other Taxes were correctly or legally asserted. This indemnification shall be made within 30 days from the date such Lender or
JPMorgan Chase, as Administrative Agent (as the case may be), makes written demand therefor. 
  
 (d) Within 30 days after the date of any payment of Taxes, each Borrower and Altria shall furnish to JPMorgan Chase, as Administrative Agent, at its address referred to in Section 9.02, the original or a certified
copy of a receipt evidencing such payment. If any Borrower or Altria determines that no Taxes are payable in respect thereof, such Borrower or Altria shall, at the request of JPMorgan Chase, as Administrative Agent, furnish or cause the payor to
furnish, JPMorgan Chase, as Administrative Agent, and each Lender an opinion of counsel reasonably acceptable to JPMorgan Chase, as Administrative Agent, stating that such payment is exempt from Taxes. 
  
 (e) Each Lender, on or prior to the date of its execution and delivery of
this Agreement in the case of each Initial Lender and on the date of the Assignment and Acceptance pursuant to which it becomes a Lender in the case of each other Lender, shall provide each of JPMorgan Chase, as Administrative Agent, Altria and such
Borrower with any form or certificate that is required by any taxing authority (including, if applicable, two original Internal Revenue Service Forms W-9, W-8BEN or W-8ECI, as appropriate, or any successor or other form prescribed by the Internal
Revenue Service), certifying that such Lender is exempt from or entitled to a reduced rate of Home Jurisdiction Withholding Taxes on payments pursuant to this Agreement. Thereafter, each such Lender shall provide additional forms or certificates (i)
to the extent a form or certificate previously provided has become inaccurate or invalid or has otherwise ceased to be effective or (ii) as requested in writing by any Borrower, Altria or JPMorgan Chase, as Administrative Agent. Unless the
Borrowers, Altria and JPMorgan Chase, 
  

 24 

 as Administrative Agent, have received forms or other documents satisfactory to them indicating that payments hereunder
are not subject to Home Jurisdiction Withholding Taxes or are subject to Home Jurisdiction Withholding Taxes at a rate reduced by an applicable tax treaty, such Borrower, Altria or JPMorgan Chase, as Administrative Agent, shall withhold taxes from
such payments at the applicable statutory rate in the case of payments to or for any Lender. 
  
 (f) Any Lender claiming any additional amounts payable pursuant to this Section 2.15 agrees to use reasonable efforts (consistent with its internal policy and legal and regulatory restrictions) to select or change the
jurisdiction of its Applicable Lending Office if the making of such a selection or change would avoid the need for, or reduce the amount of, any such additional amounts that may thereafter accrue and would not, in the reasonable judgment of such
Lender, be otherwise economically disadvantageous to such Lender. 
  
 (g) No additional amounts will be payable pursuant to this Section 2.15 with respect to (i) any Home Jurisdiction Withholding Taxes that would not have been payable had the Lender provided the relevant forms or other documents pursuant to
Section 2.15(e); or (ii) in the case of an Assignment and Acceptance by a Lender to an Eligible Assignee, any Home Jurisdiction Withholding Taxes that exceed the amount of such Home Jurisdiction Withholding Taxes that are imposed prior to such
Assignment and Acceptance, unless such Assignment and Acceptance resulted from the demand of Altria. 
  
 (h) If any Lender or JPMorgan Chase, as Administrative Agent, as the case may be, obtains a refund of any Tax for which payment has been made pursuant to
this Section 2.15, which refund in the good faith judgment of such Lender or JPMorgan Chase, as Administrative Agent, as the case may be, (and without any obligation to disclose its tax records) is allocable to such payment made under this Section
2.15, the amount of such refund (together with any interest received thereon and reduced by reasonable costs incurred in obtaining such refund) promptly shall be paid to the Borrower to the extent payment has been made in full by the Borrower
pursuant to this Section 2.15. 
  
 Section 2.16. Sharing of
Payments, Etc. If any Lender shall obtain any payment (whether voluntary, involuntary, through the exercise of any right of set-off, or otherwise) on account of the Pro Rata Advances owing to it (other than pursuant to Section 2.12, 2.15 or
9.04(b)) in excess of its ratable share of payments on account of the Pro Rata Advances obtained by all the Lenders, such Lender shall forthwith purchase from the other Lenders such participations in the Pro Rata Advances made by them as shall be
necessary to cause such purchasing Lender to share the excess payment ratably with each of them; provided, however, that if all or any portion of such excess payment is thereafter recovered from such purchasing Lender, such purchase
from each Lender shall be rescinded and such Lender shall repay to the purchasing Lender the purchase price to the extent of such recovery together with an amount equal to such Lender’s ratable share (according to the proportion of (i) the
amount of such Lender’s required repayment to (ii) the total amount so recovered from the purchasing Lender) of any interest or other amount paid or payable by the purchasing Lender in respect of the total amount so recovered. Each Borrower
agrees that any Lender so purchasing a participation from another Lender pursuant to this Section 2.16 may, to the fullest extent permitted by law, exercise all its rights of payment (including the right of set-off) with respect to such
participation as fully as if such Lender were the direct creditor of such Borrower in the amount of such participation. 
  

 25 

 Section 2.17. Evidence of Debt. (a) Lender Records; Pro Rata Notes. Each Lender shall
maintain in accordance with its usual practice an account or accounts evidencing the indebtedness of each Borrower to such Lender resulting from each Pro Rata Advance owing to such Lender from time to time, including the amounts of principal and
interest payable and paid to such Lender from time to time hereunder in respect of Pro Rata Advances. Each Borrower shall, upon notice by any Lender to such Borrower (with a copy of such notice to JPMorgan Chase, as Administrative Agent) to the
effect that a Pro Rata Note is required or appropriate in order for such Lender to evidence (whether for purposes of pledge, enforcement or otherwise) the Pro Rata Advances owing to, or to be made by, such Lender, promptly execute and deliver to
such Lender a Pro Rata Note payable to the order of such Lender in a principal amount up to the Commitment of such Lender. 
  
 (b) Record of Borrowings, Payables and Payments. The Register maintained by JPMorgan Chase, as Administrative Agent, pursuant to Section 9.07(d)
shall include a control account, and a subsidiary account for each Lender, in which accounts (taken together) shall be recorded as follows: 
  
 (i) the date and amount of each Borrowing made hereunder, the Type of Advances comprising such Borrowing and, if appropriate, the
Interest Period applicable thereto; 
  
 (ii) the
terms of each Assignment and Acceptance delivered to and accepted by it; 
  
 (iii) the amount of any principal or interest due and payable or to become due and payable from each Borrower to each Lender hereunder; and 
  
 (iv) the amount of any sum received by JPMorgan Chase, as Administrative Agent, from the Borrowers
hereunder and each Lender’s share thereof. 
  
 (c)
Evidence of Payment Obligations. Entries made in good faith by JPMorgan Chase, as Administrative Agent, in the Register pursuant to Section 2.17(b), and by each Lender in its account or accounts pursuant to Section 2.17(a), shall be
prima facie evidence of the amount of principal and interest due and payable or to become due and payable from each Borrower to, in the case of the Register, each Lender and, in the case of such account or accounts, such Lender, under
this Agreement, absent manifest error; provided, however, that the failure of JPMorgan Chase, as Administrative Agent, or such Lender to make an entry, or any finding that an entry is incorrect, in the Register or such account or
accounts shall not limit or otherwise affect the obligations of any Borrower under this Agreement. 
  
 Section 2.18. Use of Proceeds. The proceeds of the Advances shall be available (and each Borrower agrees that it shall use such proceeds) for
general corporate purposes of Altria and its Subsidiaries. 
  

 26 

 ARTICLE III 
  
 CONDITIONS TO EFFECTIVENESS AND LENDING 
  
 Section 3.01. Conditions Precedent to Effectiveness. This Agreement shall become effective on and as of the first date (the “Effective
Date”) on which the following conditions precedent have been satisfied: 
  
 (a) Altria shall have notified each Lender and JPMorgan Chase, as Administrative Agent, in writing as to the proposed Effective Date. 
  
 (b) On the Effective Date, the following statements shall be true and JPMorgan Chase, as Administrative Agent, shall have
received for the account of each Lender a certificate signed by a duly authorized officer of Altria, dated the Effective Date, stating that: 
  
 (i) the representations and warranties contained in Section 4.01 are correct on and as of the Effective Date, and 
  
 (ii) no event has occurred and is continuing that
constitutes a Default or Event of Default. 
  
 (c) JPMorgan Chase,
as Administrative Agent, shall have received on or before the Effective Date copies of the letter from Altria dated on or before such day, terminating in whole the commitments of the banks party to the Existing Loan Agreement. 
  
 (d) Prior to or simultaneously with the Effective Date, Altria shall have
satisfied all of its obligations under the Existing Loan Agreement including, without limitation, the payment of all loans, accrued interest and fees under the Existing Loan Agreement. 
  
 (e) JPMorgan Chase, as Administrative Agent, shall have received on or before the Effective Date the following, each dated
such day, in form and substance satisfactory to JPMorgan Chase, as Administrative Agent: 
  
 (i) Certified copies of the resolutions of the Board of Directors of Altria approving this Agreement, and of all documents evidencing
other necessary corporate action and governmental approvals, if any, with respect to this Agreement. 
  
 (ii) A certificate of the Secretary or an Assistant Secretary of Altria certifying the names and true signatures of the officers of
Altria authorized to sign this Agreement and the other documents to be delivered hereunder. 
  
 (iii) Favorable opinions of counsel (which may be in-house counsel) for Altria, substantially in the form of Exhibits E-1 and E-2 hereto.

  
 (iv) A favorable opinion of Simpson Thacher
& Bartlett LLP, counsel for JPMorgan Chase, as Administrative Agent, substantially in the form of Exhibit G hereto. 
  

 27 

 (f) This Agreement shall have been executed by Altria, JPMorgan Chase and Citibank, as Administrative
Agents, Credit Suisse First Boston, Cayman Islands Branch and Deutsche Bank Securities Inc., as Syndication Agents, and ABN AMRO Bank N.V., BNP Paribas, HSBC Bank USA, National Association and UBS Securities LLC, as Arrangers and Documentation
Agents, and JPMorgan Chase, as Administrative Agent, shall have been notified by each Initial Lender that such Initial Lender has executed this Agreement. 
  
 JPMorgan Chase, as Administrative Agent, shall notify Altria and the Initial Lenders of the date which is the Effective Date upon satisfaction of all of the conditions
precedent set forth in this Section 3.01. For purposes of determining compliance with the conditions specified in this Section 3.01, each Lender shall be deemed to have consented to, approved or accepted or to be satisfied with each document or
other matter required thereunder to be consented to or approved by or acceptable or satisfactory to the Lenders unless an officer of JPMorgan Chase, as Administrative Agent, responsible for the transactions contemplated by this Agreement shall have
received notice from such Lender prior to the date that Altria, by notice to the Lenders, designates as the proposed Effective Date, specifying its objection thereto. 
  
 Section 3.02. Initial Advance to Each Designated Subsidiary. The obligation of each Lender to make an initial Advance
to each Designated Subsidiary following any designation of such Designated Subsidiary as a Borrower hereunder pursuant to Section 9.08 is subject to the receipt by JPMorgan Chase, as Administrative Agent, on or before the date of such initial
Advance of each of the following, in form and substance satisfactory to JPMorgan Chase, as Administrative Agent, and dated such date, and in sufficient copies for each Lender: 
  
 (a) Certified copies of the resolutions of the Board of Directors of such Designated Subsidiary (with a certified English
translation if the original thereof is not in English) approving this Agreement, and of all documents evidencing other necessary corporate action and governmental approvals, if any, with respect to this Agreement. 
  
 (b) A certificate of a proper officer of such Designated Subsidiary
certifying the names and true signatures of the officers of such Designated Subsidiary authorized to sign this Agreement and the other documents to be delivered hereunder. 
  
 (c) A certificate signed by a duly authorized officer of the Designated Subsidiary, dated as of the date of such initial
Advance, certifying that such Designated Subsidiary shall have obtained all governmental and third party authorizations, consents, approvals (including exchange control approvals) and licenses required under applicable laws and regulations necessary
for such Designated Subsidiary to execute and deliver this Agreement and to perform its obligations thereunder. 
  
 (d) The Designation Agreement of such Designated Subsidiary, substantially in the form of Exhibit D hereto. 
  
 (e) A favorable opinion of counsel (which may be in-house counsel) to such
Designated Subsidiary, dated the date of such initial Advance, covering, to the extent customary and appropriate for the relevant jurisdiction, the opinions outlined on Exhibit F hereto. 
  

 28 

 (f) Such other approvals, opinions or documents as any Lender, through JPMorgan Chase, as Administrative
Agent, may reasonably request. 
  
 Section 3.03. Conditions
Precedent to Each Pro Rata Borrowing. The obligation of each Lender to make a Pro Rata Advance on the occasion of each Pro Rata Borrowing is subject to the conditions precedent that the Effective Date shall have occurred and on the date of such
Pro Rata Borrowing the following statements shall be true, and the acceptance by the Borrower of the proceeds of such Pro Rata Borrowing shall be a representation by such Borrower or Altria, as the case may be, that: 
  
 (a) the representations and warranties contained in Section 4.01 (except the
representations set forth in the last sentence of subsection (e) and in subsection (f) thereof (other than clause (i) thereof)) are correct on and as of the date of such Pro Rata Borrowing, before and after giving effect to such Pro Rata Borrowing
and to the application of the proceeds therefrom, as though made on and as of such date, and, if such Pro Rata Borrowing shall have been requested by a Designated Subsidiary, the representations and warranties of such Designated Subsidiary contained
in its Designation Agreement are correct on and as of the date of such Pro Rata Borrowing, before and after giving effect to such Pro Rata Borrowing and to the application of the proceeds therefrom, as though made on and as of such date; 

 
 (b) after giving effect to the application of the proceeds of all
Borrowings on such date (together with any other resources of the Borrower applied together therewith) no event has occurred and is continuing, or would result from such Pro Rata Borrowing, that constitutes a Default or Event of Default; and

  
 (c) if such Pro Rata Borrowing is in an aggregate principal
amount equal to or greater than $500,000,000 and is being made in connection with any purchase of shares of such Borrower’s or Altria’s capital stock or the capital stock of any other Person, or any purchase of all or substantially all of
the assets of any Person (whether in one transaction or a series of transactions) or any transaction of the type referred to in Section 5.02(b), the statement in (b) above shall also be true on a pro forma basis as if such transaction or purchase
shall have been completed. 
  
 Section 3.04. Conditions
Precedent to Each Competitive Bid Borrowing. The obligation of each Lender that is to make a Competitive Bid Advance on the occasion of a Competitive Bid Borrowing is subject to the conditions precedent that (i) JPMorgan Chase, as Administrative
Agent, shall have received the written confirmatory Notice of Competitive Bid Borrowing with respect thereto, (ii) on or before the date of such Competitive Bid Borrowing, but prior to such Competitive Bid Borrowing, JPMorgan Chase, as
Administrative Agent, shall have received a Competitive Bid Note payable to the order of such Lender for each of the one or more Competitive Bid Advances to be made by such Lender as part of such Competitive Bid Borrowing, in a principal amount
equal to the principal amount of the Competitive Bid Advance to be evidenced thereby and otherwise on such terms as were agreed to for such Competitive Bid Advance in accordance with Section 2.07, and (iii) on the date of such Competitive Bid
Borrowing the following statements shall be true, and the acceptance by the Borrower of the proceeds of such Competitive Bid Borrowing shall be a representation by such Borrower or Altria, as the case may be, that: 
  

 29 

 (a) the representations and warranties contained in Section 4.01 are correct on and as of the date of
such Competitive Bid Borrowing, before and after giving effect to such Competitive Bid Borrowing and to the application of the proceeds therefrom, as though made on and as of such date, and, if such Competitive Bid Borrowing shall have been
requested by a Designated Subsidiary, the representations and warranties of such Designated Subsidiary contained in its Designation Agreement are correct on and as of the date of such Competitive Bid Borrowing, before and after giving effect to such
Competitive Bid Borrowing and to the application of the proceeds therefrom, as though made on and as of such date, and 
  
 (b) after giving effect to the application of the proceeds of all Borrowings on such date (together with any other resources of the Borrower applied
together therewith), no event has occurred and is continuing, or would result from such Competitive Bid Borrowing that constitutes a Default or Event of Default. 
  
 ARTICLE IV 
  
 REPRESENTATIONS AND WARRANTIES 
  
 Section 4.01. Representations and Warranties of Altria. Altria represents and warrants as follows: 
  
 (a) It is a corporation duly organized, validly existing and in good
standing under the laws of Virginia. 
  
 (b) The execution,
delivery and performance of this Agreement and the Notes to be delivered by it are within its corporate powers, have been duly authorized by all necessary corporate action, and do not contravene (i) its charter or by-laws or (ii) in any material
respect, any law, rule, regulation or order of any court or governmental agency or any contractual restriction binding on or affecting it. 
  
 (c) No authorization or approval or other action by, and no notice to or filing with, any governmental authority or regulatory body is required for the
due execution, delivery and performance by it of this Agreement or the Notes to be delivered by it. 
  
 (d) This Agreement is, and each of the Notes to be delivered by it when delivered hereunder will be, a legal, valid and binding obligation of Altria
enforceable against Altria in accordance with its terms, subject to the effect of any applicable bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and other laws affecting creditors’ rights generally and subject, as to
enforceability, to general principles of equity (regardless of whether enforcement is sought in a proceeding in equity or at law) and an implied covenant of good faith and fair dealing. 
  
 (e) As reported in Altria’s Annual Report on Form 10-K for the year ended December 31, 2004, the consolidated balance
sheets of Altria and its Subsidiaries as of December 31, 2004 and the consolidated statements of earnings of Altria and its Subsidiaries for the year then ended fairly present, in all material respects, the consolidated financial position of Altria
and its Subsidiaries as at such date and the consolidated results of the operations of Altria 
  

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 and its Subsidiaries for the year ended on such date, all in accordance with accounting principles generally accepted in
the United States. Except as disclosed in Altria’s Annual Report on Form 10-K for the year ended December 31, 2004, and in any Current Report on Form 8-K filed subsequent to December 31, 2004 but prior to April 15, 2005, since December 31, 2004
there has been no material adverse change in such position or operations. 
  
 (f) There is no pending or threatened action or proceeding affecting it or any of its Subsidiaries before any court, governmental agency or arbitrator (a “Proceeding”) (i) that purports to affect the
legality, validity or enforceability of this Agreement or (ii) except for Proceedings disclosed in Altria’s Annual Report on Form 10-K for the year ended December 31, 2004, any Current Report on Form 8-K filed subsequent to December 31, 2004
but prior to April 15, 2005 and, with respect to Proceedings commenced after the date of the most recent such document but prior to April 15, 2005, a certificate delivered to the Lenders, that may materially adversely affect the financial position
or results of operations of Altria and its Subsidiaries taken as a whole. 
  
 (g) It owns directly or indirectly 100% of the capital stock of each other Borrower. 
  
 (h) None of the proceeds of any Advance will be used, directly or indirectly, for the purpose of purchasing or carrying any Margin Stock or for the
purpose of reducing or retiring any indebtedness which was originally incurred to purchase or carry any Margin Stock or for any other purpose that would constitute the Advances as a “purpose credit” within the meaning of Regulation U and,
in each case, would constitute a violation of Regulation U. 
  
 ARTICLE V 
  
 COVENANTS OF ALTRIA 
  
 Section 5.01. Affirmative Covenants. So long as any Advance shall
remain unpaid or any Lender shall have any Commitment hereunder, Altria will: 
  
 (a) Compliance with Laws, Etc. Comply, and cause each Major Subsidiary to comply, in all material respects, with all applicable laws, rules, regulations and orders (such compliance to include, without
limitation, complying with ERISA and paying before the same become delinquent all taxes, assessments and governmental charges imposed upon it or upon its property except to the extent contested in good faith), noncompliance with which would
materially adversely affect the financial condition or operations of Altria and its Subsidiaries taken as a whole. 
  
 (b) Maintenance of Ratio of Earnings Before Income Taxes to Fixed Charges. Maintain a ratio of aggregate consolidated Earnings Before Income Taxes
for the four most recent fiscal quarters for which consolidated statements of earnings have been delivered pursuant to Section 5.01(c)(i) or (ii) hereof to consolidated Fixed Charges for such four most recent fiscal quarters of not less than 2.5 to
1.0; provided that an amount or amounts up to an aggregate of $5,000,000,000 expensed by Altria (or any Subsidiary thereof) in connection with the settlement of tobacco-related litigation or for bonding or other similar expenses incurred in
order to obtain a 
  

 31 

 stay of execution, during the applicable four-quarter period, will not be included in such calculation. 
  
 (c) Reporting Requirements. Furnish to the Lenders: 
  
 (i) as soon as available and in any event within 60 days
after the end of each of the first three quarters of each fiscal year of Altria, an unaudited interim condensed consolidated balance sheet of Altria and its Subsidiaries as of the end of such quarter and unaudited interim condensed consolidated
statements of earnings of Altria and its Subsidiaries for the period commencing at the end of the previous fiscal year and ending with the end of such quarter, certified by the chief financial officer of Altria; 
  
 (ii) as soon as available and in any event within 100 days
after the end of each fiscal year of Altria, a copy of the consolidated financial statements for such year for Altria and its Subsidiaries, audited by PricewaterhouseCoopers LLP (or other independent auditors which, as of the date of this Agreement,
are one of the “big four” accounting firms); 
  
 (iii) all reports which Altria sends to any of its shareholders, and copies of all reports on Form 8-K (or any successor forms adopted by the Securities and Exchange Commission) which Altria files with the Securities and Exchange
Commission; 
  
 (iv) as soon as possible and in
any event within five days after the occurrence of each Event of Default and each event which, with the giving of notice or lapse of time, or both, would constitute an Event of Default, continuing on the date of such statement, a statement of the
chief financial officer or treasurer of Altria setting forth details of such Event of Default or event and the action which Altria has taken and proposes to take with respect thereto; and 
  
 (v) such other information respecting the condition or
operations, financial or otherwise, of Altria or any Major Subsidiary as any Lender through JPMorgan Chase, as Administrative Agent, may from time to time reasonably request. 
  
 In lieu of furnishing the Lenders the items referred to in clauses (i), (ii) and (iii) above, Altria may make such items available on the
internet at www.altria.com (which website includes an option to subscribe to a free service alerting subscribers by e-mail of new Securities and Exchange Commission filings) or any successor or replacement website thereof, or by similar electronic
means. 
  
 Section 5.02. Negative Covenants. So long as any
Advance shall remain unpaid or any Lender shall have any Commitment hereunder, Altria will not: 
  
 (a) Liens, Etc. Create or suffer to exist, or permit any Major Subsidiary to create or suffer to exist, any lien, security interest or other charge
or encumbrance (other than operating leases and licensed intellectual property), or any other type of preferential arrangement (“Liens”), upon or with respect to any of its properties, whether now owned or hereafter acquired, or
assign, or permit any Major Subsidiary to assign, any right to receive income, in each case to secure or provide for the payment of any Debt of any Person, other than: 
  

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 (i) Liens upon or in property acquired or held by it or any Major Subsidiary in the
ordinary course of business to secure the purchase price of such property or to secure indebtedness incurred solely for the purpose of financing the acquisition of such property; 
  
 (ii) Liens existing on property at the time of its acquisition (other than any such lien or security
interest created in contemplation of such acquisition); 
  
 (iii) Liens existing on the date hereof securing Debt; 
  
 (iv) Liens on property financed through the issuance of industrial revenue bonds in favor of the holders of such bonds or any agent or
trustee therefor; 
  
 (v) Liens existing on
property of any Person acquired by Altria or any Major Subsidiary; 
  
 (vi) Liens securing Debt in an aggregate amount not in excess of 15% of Consolidated Tangible Assets; 
  
 (vii) Liens upon or with respect to “margin stock” as that term is defined in Regulation U; 
  
 (viii) Liens in favor of Altria or any Major Subsidiary;

  
 (ix) Liens in connection with leasing, sale
and leaseback and structured finance transactions conducted in the ordinary course of business of Philip Morris Capital Corporation, provided that any such Liens that secure the payment of Debt are without recourse to the general credit or
assets of Altria and its Major Subsidiaries; 
  
 (x) precautionary Liens provided by Altria or any Major Subsidiary in connection with the sale, assignment, transfer or other disposition of assets by Altria or such Major Subsidiary which transaction is determined by the Board of Directors
of Altria or such Major Subsidiary to constitute a “sale” under accounting principles generally accepted in the United States; or 
  
 (xi) any extension, renewal or replacement of the foregoing, provided that (A) such Lien does not extend to any additional assets
(other than a substitution of like assets), and (B) the amount of Debt secured by any such Lien is not increased. 
  
 (b) Mergers, Etc. Consolidate with or merge into, or convey or transfer its properties and assets substantially as an entirety to, any Person, or
permit any Subsidiary directly or indirectly owned by it to do so, unless, immediately after giving effect thereto, no Default or Event of Default would exist and, in the case of any merger or consolidation to which it is a party, the surviving
corporation is Altria or was a Subsidiary of Altria immediately prior to such merger or consolidation, which is organized and existing under the laws of the United States of America or any State thereof, or the District of Columbia. The surviving
corporation of any merger or consolidation involving Altria or any other Borrower shall assume all of Altria’s or such Borrower’s obligations under this Agreement (including without limitation with respect to 
  

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 Altria’s obligations, the covenants set forth in Article V) by the execution and delivery of an instrument in form
and substance satisfactory to the Required Lenders. 
  
 ARTICLE VI

  
 EVENTS OF DEFAULT 
  
 Section 6.01. Events of Default. Each of the following events (each an
“Event of Default”) shall constitute an Event of Default: 
  
 (a) Any Borrower or Altria shall fail to pay any principal of any Advance when the same becomes due and payable; or any Borrower shall fail to pay interest on any Advance, or Altria shall fail to pay any fees payable under Section 2.09,
within ten days after the same becomes due and payable; or 
  
 (b)
Any representation or warranty made or deemed to have been made by any Borrower or Altria herein or by any Borrower or Altria (or any of their respective officers) in connection with this Agreement shall prove to have been incorrect in any material
respect when made or deemed to have been made; or 
  
 (c) Any
Borrower or Altria shall fail to perform or observe (i) any term, covenant or agreement contained in Section 5.01(b) or 5.02(b), (ii) any term, covenant or agreement contained in Section 5.02(a) if such failure shall remain unremedied for 15 days
after written notice thereof shall have been given to Altria by JPMorgan Chase, as Administrative Agent, or any Lender or (iii) any other term, covenant or agreement contained in this Agreement on its part to be performed or observed if such failure
shall remain unremedied for 30 days after written notice thereof shall have been given to Altria by JPMorgan Chase, as Administrative Agent, or any Lender; or 
  

(d) Any Borrower or Altria or any Major Subsidiary shall fail to pay any principal of or premium or interest on any Debt which is outstanding in a
principal amount of at least $100,000,000 in the aggregate (but excluding Debt arising under this Agreement) of such Borrower or Altria or such Major Subsidiary (as the case may be), when the same becomes due and payable (whether by scheduled
maturity, required prepayment, acceleration, demand or otherwise), and such failure shall continue after the applicable grace period, if any, specified in the agreement or instrument relating to such Debt unless adequate provision for any such
payment has been made in form and substance satisfactory to the Required Lenders; or any Debt of any Borrower or Altria or any Major Subsidiary which is outstanding in a principal amount of at least $100,000,000 in the aggregate (but excluding Debt
arising under this Agreement) shall be declared to be due and payable, or required to be prepaid (other than by a scheduled required prepayment), redeemed, purchased or defeased, or an offer to prepay, redeem, purchase or defease such Debt shall be
required to be made, in each case prior to the stated maturity thereof unless adequate provision for the payment of such Debt has been made in form and substance satisfactory to the Required Lenders; or 
  
 (e) Any Borrower or Altria or any Major Subsidiary shall generally not pay
its debts as such debts become due, or shall admit in writing its inability to pay its debts generally, or shall 
  

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 make a general assignment for the benefit of creditors; or any proceeding shall be instituted by or against any Borrower
or Altria or any Major Subsidiary seeking to adjudicate it a bankrupt or insolvent, or seeking liquidation, winding up, reorganization, arrangement, adjustment, protection, relief, or composition of it or its debts under any law relating to
bankruptcy, insolvency or reorganization or relief of debtors, or seeking the entry of an order for relief or the appointment of a receiver, trustee, or other similar official for it or for any substantial part of its property, and, in the case of
any such proceeding instituted against it (but not instituted by it), either such proceeding shall remain undismissed or unstayed for a period of 60 days or any of the actions sought in such proceeding (including, without limitation, the entry of an
order for relief against it or the appointment of a receiver, trustee, custodian or other similar official for it or for any of its property constituting a substantial part of the property of Altria and its Subsidiaries taken as a whole) shall
occur; or any Borrower or Altria or any Major Subsidiary shall take any corporate action to authorize any of the actions set forth above in this subsection (e); or 
  
 (f) Any judgment or order for the payment of money in excess of $100,000,000 shall be rendered against any Borrower or
Altria or any Major Subsidiary and there shall be any period of 60 consecutive days during which a stay of enforcement of such unsatisfied judgment or order, by reason of a pending appeal or otherwise, shall not be in effect; provided that
such 60-day stay period shall be extended for a period not to exceed an additional 120 days if (i) Altria, such Borrower or such Major Subsidiary is contesting such judgment or enforcement of such judgment in good faith, unless, with respect only to
judgments or orders rendered outside the United States, such action is not reasonably required to protect its respective assets from levy or garnishment, and (ii) no assets with a fair market value in excess of $100,000,000 of Altria, such Borrower
or such Major Subsidiary have been levied upon or garnished to satisfy such judgment; provided, further, that such 60-day stay period shall be further extended for any judgment or order rendered outside the United States until such
time as the conditions in clauses (i) or (ii) are no longer satisfied; or 
  
 (g) Any Borrower, Altria or any ERISA Affiliate shall incur, or shall be reasonably likely to incur, liability in excess of $500,000,000 in the aggregate as a result of one or more of the following: (i) the occurrence
of any ERISA Event; (ii) the partial or complete withdrawal of any Borrower, Altria or any ERISA Affiliate from a Multiemployer Plan; or (iii) the reorganization or termination of a Multiemployer Plan; provided, however, that no
Default or Event of Default under this Section 6.01(g) shall be deemed to have occurred if the Borrower, Altria or any ERISA Affiliate shall have made arrangements satisfactory to the PBGC or the Required Lenders to discharge or otherwise satisfy
such liability (including the posting of a bond or other security); or 
  
 (h) So long as any Subsidiary of Altria is a Designated Subsidiary, the guaranty provided by Altria under Article VIII hereof shall for any reason cease to be valid and binding on Altria or Altria shall so state in writing. 
  
 Section 6.02. Lenders’ Rights upon Event of Default. If an Event
of Default occurs or is continuing, then JPMorgan Chase, as Administrative Agent, shall at the request, or may with the consent, of the Required Lenders, by notice to Altria and the Borrowers: 
  

 35 

 (a) declare the obligation of each Lender to make further Advances to be terminated, whereupon the same
shall forthwith terminate, and 
  
 (b) declare all the Advances
then outstanding, all interest thereon and all other amounts payable under this Agreement to be forthwith due and payable, whereupon the Advances then outstanding, all such interest and all such amounts shall become and be forthwith due and payable,
without presentment, demand, protest or further notice of any kind, all of which are hereby expressly waived by the Borrowers; 
  
 provided, however, that in the event of an actual or deemed entry of an order for relief with respect to any Borrower under the Federal Bankruptcy Code, (i)
the obligation of each Lender to make Advances shall automatically be terminated and (ii) the Advances then outstanding, all such interest and all such amounts shall automatically become and be due and payable, without presentment, demand, protest
or any notice of any kind, all of which are hereby expressly waived by the Borrowers. 
  
 ARTICLE VII 
  
 THE ADMINISTRATIVE
AGENTS 
  
 Section 7.01. Authorization and Action. Each
Lender hereby appoints and authorizes the Administrative Agents to take such action as agent on its behalf and to exercise such powers and discretion under this Agreement as are delegated to the Administrative Agents by the terms hereof, together
with such powers and discretion as are reasonably incidental thereto. As to any matters not expressly provided for by this Agreement (including, without limitation, enforcement or collection of the Notes), the Administrative Agents shall not be
required to exercise any discretion or take any action, but shall be required to act or to refrain from acting (and shall be fully protected in so acting or refraining from acting) upon the instructions of the Required Lenders, and such instructions
shall be binding upon all Lenders and all holders of Notes; provided, however, that no Administrative Agent shall be required to take any action that exposes such Administrative Agent to personal liability or that is contrary to this
Agreement or applicable law. Each of the Administrative Agents agrees to give to each Lender prompt notice of each notice given to it by Altria or any Borrower as required by the terms of this Agreement or at the request of Altria or such Borrower,
and any notice provided pursuant to Section 5.01(c)(iv). 
  
 Section 7.02. Administrative Agents’ Reliance, Etc. Neither the Administrative Agents nor any of their directors, officers, agents or employees shall be liable for any action taken or omitted to be taken by it or them under or
in connection with this Agreement, except for its or their own gross negligence or willful misconduct. Without limitation of the generality of the foregoing, the Administrative Agents: 
  
 (a) may treat the Lender that made any Advance as the holder of the Debt resulting therefrom until JPMorgan Chase, as
Administrative Agent, receives and accepts an Assignment and Acceptance entered into by such Lender, as assignor, and an Eligible Assignee, as assignee, as provided in Section 9.07; 
  

 36 

 (b) may consult with legal counsel (including counsel for Altria or any Borrower), independent public
accountants and other experts selected by it and shall not be liable for any action taken or omitted to be taken in good faith by it in accordance with the advice of such counsel, accountants or experts; 
  
 (c) make no warranty or representation to any Lender and shall not be
responsible to any Lender for any statements, warranties or representations (whether written or oral) made in or in connection with this Agreement; 
  
 (d) shall not have any duty to ascertain or to inquire as to the performance or observance of any of the terms, covenants or conditions of this Agreement
on the part of Altria or any Borrower or to inspect the property (including the books and records) of Altria or such Borrower; 
  
 (e) shall not be responsible to any Lender for the due execution, legality, validity, enforceability, genuineness, sufficiency or value of this Agreement
or any other instrument or document furnished pursuant hereto; and 
  
 (f) shall incur no liability under or in respect of this Agreement by acting upon any notice, consent, certificate or other instrument or writing (which may be by telecopier, telegram or telex) believed by it to be genuine and signed or
sent by the proper party or parties. 
  
 Section 7.03. JPMorgan
Chase, Citibank and Affiliates. With respect to its Commitment and the Advances made by it, each of JPMorgan Chase and Citibank shall have the same rights and powers under this Agreement as any other Lender and may exercise the same as though it
were not an Administrative Agent; and the term “Lender” or “Lenders” shall, unless otherwise expressly indicated, include JPMorgan Chase and Citibank in their individual capacities. JPMorgan Chase and Citibank and their
affiliates may accept deposits from, lend money to, act as trustee under indentures of, accept investment banking engagements from and generally engage in any kind of business with, Altria, any Borrower, any of its Subsidiaries and any Person who
may do business with or own securities of Altria, any Borrower or any such Subsidiary, all as if JPMorgan Chase and Citibank were not Administrative Agents and without any duty to account therefor to the Lenders. 
  
 Section 7.04. Lender Credit Decision. Each Lender acknowledges that it
has, independently and without reliance upon either Administrative Agent, either Syndication Agent, any Arranger and Documentation Agent, or any other Lender and based on the financial statements referred to in Section 4.01 and such other documents
and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement. Each Lender also acknowledges that it will, independently and without reliance upon any Administrative Agent, Syndication Agent,
Arranger and Documentation Agent, or any other Lender and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under this Agreement. 
  
 Section 7.05. Indemnification. The Lenders agree to indemnify each
Administrative Agent (to the extent not reimbursed by Altria or the Borrowers), ratably according to the respective principal amounts of the Pro Rata Advances then owing to each of 
  

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 them (or if no Pro Rata Advances are at the time outstanding, ratably according to the respective amounts of their
Commitments), from and against any and all liabilities, obligations, losses, damages, penalties, actions, judgments, suits, costs, expenses or disbursements of any kind or nature whatsoever that may be imposed on, incurred by, or asserted against
such Administrative Agent in any way relating to or arising out of this Agreement or any action taken or omitted by such Administrative Agent under this Agreement (collectively, the “Indemnified Costs”), provided that no
Lender shall be liable for any portion of the Indemnified Costs resulting from such Administrative Agent’s gross negligence or willful misconduct. Without limitation of the foregoing, each Lender agrees to reimburse such Administrative Agent
promptly upon demand for its ratable share of any out-of-pocket expenses (including counsel fees) incurred by such Administrative Agent in connection with the preparation, execution, delivery, administration, modification, amendment or enforcement
(whether through negotiations, legal proceedings or otherwise) of, or legal advice in respect of rights or responsibilities under, this Agreement, to the extent that such Administrative Agent is not reimbursed for such expenses by Altria or the
Borrowers. In the case of any investigation, litigation or proceeding giving rise to any Indemnified Costs, this Section 7.05 applies whether any such investigation, litigation or proceeding is brought by any Administrative Agent, any Lender or a
third party. 
  
 Section 7.06. Successor Administrative
Agents. An Administrative Agent may resign at any time by giving written notice thereof to the Lenders and Altria and may be removed at any time with or without cause by the Required Lenders. Upon the resignation or removal of JPMorgan Chase, as
Administrative Agent, Citibank, as Administrative Agent, shall succeed to and become vested with all the rights, powers, discretion, privileges and duties of JPMorgan Chase, as Administrative Agent, and JPMorgan Chase, as Administrative Agent shall
be discharged from its duties and obligations under this Agreement. Upon any other such resignation or removal which results in there being no Administrative Agent hereunder, the Required Lenders shall have the right to appoint a successor
Administrative Agent. If no successor Administrative Agent shall have been so appointed by the Required Lenders, and shall have accepted such appointment, within 30 days after the retiring Administrative Agent’s giving of notice of resignation
or the Required Lenders’ removal of the retiring Administrative Agent, then the retiring Administrative Agent may, on behalf of the Lenders, appoint a successor Administrative Agent, which shall be a commercial bank organized under the laws of
the United States of America or of any State thereof and having a combined capital and surplus of at least $500,000,000. Upon the acceptance of any appointment as Administrative Agent hereunder by a successor Administrative Agent, such successor
Administrative Agent shall thereupon succeed to and become vested with all the rights, powers, discretion, privileges and duties of the retiring Administrative Agent, and the retiring Administrative Agent shall be discharged from its duties and
obligations under this Agreement. After any retiring Administrative Agent’s resignation or removal hereunder as Administrative Agent, the provisions of this Article VII shall inure to its benefit as to any actions taken or omitted to be taken
by it while it was Administrative Agent under this Agreement. 
  
 Section 7.07. Syndication Agents and Arrangers and Documentation Agents. Credit Suisse First Boston, Cayman Islands Branch and Deutsche Bank Securities Inc. have been designated as Syndication Agents, and ABN AMRO Bank N.V., BNP
Paribas, HSBC Bank USA, National Association and UBS Securities LLC have been designated as Arrangers and 
  

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 Documentation Agents, under this Agreement, but the use of such titles does not impose on any of them any duties or
obligations greater than those of any other Lender. 
  
 ARTICLE
VIII 
  
 GUARANTY 
  
 Section 8.01. Guaranty. Altria hereby unconditionally and irrevocably
guarantees (the undertaking of Altria contained in this Article VIII being the “Guaranty”) the punctual payment when due, whether at stated maturity, by acceleration or otherwise, of all obligations of each Borrower now or hereafter
existing under this Agreement, whether for principal, interest, fees, expenses or otherwise (such obligations being the “Obligations”), and any and all expenses (including counsel fees and expenses) incurred by JPMorgan Chase, as
Administrative Agent, or the Lenders in enforcing any rights under the Guaranty. 
  
 Section 8.02. Guaranty Absolute. Altria guarantees that the Obligations will be paid strictly in accordance with the terms of this Agreement, regardless of any law, regulation or order now or hereafter in
effect in any jurisdiction affecting any of such terms or the rights of JPMorgan Chase, as Administrative Agent, or the Lenders with respect thereto. The liability of Altria under this Guaranty shall be absolute and unconditional irrespective of:

  
 (a) any lack of validity, enforceability or genuineness of
any provision of this Agreement or any other agreement or instrument relating thereto; 
  
 (b) any change in the time, manner or place of payment of, or in any other term of, all or any of the Obligations, or any other amendment or waiver of or any consent to departure from this Agreement; 
  
 (c) any exchange, release or non-perfection of any collateral, or any release
or amendment or waiver of or consent to departure from any other guaranty, for all or any of the Obligations; or 
  
 (d) any other circumstance which might otherwise constitute a defense available to, or a discharge of, a Borrower or Altria. 
  
 This Guaranty shall continue to be effective or be reinstated, as the case
may be, if at any time any payment of any of the Obligations is rescinded or must otherwise be returned by JPMorgan Chase, as Administrative Agent, or any Lender upon the insolvency, bankruptcy or reorganization of a Borrower or otherwise, all as
though such payment had not been made. 
  
 Section 8.03.
Waivers. (a) Altria hereby waives promptness, diligence, notice of acceptance and any other notice with respect to any of the Obligations and this Guaranty and any requirement that JPMorgan Chase, as Administrative Agent, or any Lender
protect, secure, perfect or insure any security interest or lien or any property subject thereto or exhaust any right or take any action against a Borrower or any other Person or any collateral. 
  
 (b) Altria hereby irrevocably waives any claims or other rights that it may
now or hereafter acquire against any Borrower that arise from the existence, payment, performance or 
  

 39 

 enforcement of Altria’s obligations under this Guaranty or this Agreement, including, without limitation, any right
of subrogation, reimbursement, exoneration, contribution or indemnification and any right to participate in any claim or remedy of JPMorgan Chase, as Administrative Agent, or any Lender against such Borrower or any collateral, whether or not such
claim, remedy or right arises in equity or under contract, statute or common law, including, without limitation, the right to take or receive from such Borrower, directly or indirectly, in cash or other property or by set-off or in any other manner,
payment or security on account of such claim, remedy or right. If any amount shall be paid to Altria in violation of the preceding sentence at any time prior to the later of the cash payment in full of the Obligations and all other amounts payable
under this Guaranty and the Termination Date, such amount shall be held in trust for the benefit of JPMorgan Chase, as Administrative Agent, and the Lenders and shall forthwith be paid to JPMorgan Chase, as Administrative Agent, to be credited and
applied to the Obligations and all other amounts payable under this Guaranty, whether matured or unmatured, in accordance with the terms of this Agreement and this Guaranty, or to be held as collateral for any Obligations or other amounts payable
under this Guaranty thereafter arising. Altria acknowledges that it will receive direct and indirect benefits from the financing arrangements contemplated by this Agreement and this Guaranty and that the waiver set forth in this Section 8.03(b) is
knowingly made in contemplation of such benefits. 
  
 Section
8.04. Continuing Guaranty. This Guaranty is a continuing guaranty and shall (a) remain in full force and effect until payment in full (after the Termination Date) of the Obligations and all other amounts payable under this Guaranty, (b) be
binding upon Altria, its successors and assigns, and (c) inure to the benefit of and be enforceable by the Lenders, JPMorgan Chase, as Administrative Agent, and their respective successors, transferees and assigns. 
  
 ARTICLE IX 
  
 MISCELLANEOUS 
  
 Section 9.01. Amendments, Etc. No amendment or waiver of any provision of this Agreement, nor consent to any departure by any Borrower or Altria
therefrom, shall in any event be effective unless the same shall be in writing and signed by the Required Lenders, and then such waiver or consent shall be effective only in the specific instance and for the specific purpose for which given;
provided, however, that no amendment, waiver or consent shall, unless in writing and signed by all the Lenders affected thereby, do any of the following: (a) waive any of the conditions specified in Sections 3.01 and 3.02, (b) increase
the Commitments of the Lenders or subject the Lenders to any additional obligations, (c) reduce the principal of, or interest on, the Pro Rata Advances or any fees or other amounts payable hereunder, (d) postpone any date fixed for any payment of
principal of, or interest on, the Pro Rata Advances or any fees or other amounts payable hereunder, (e) change the percentage of the Commitments or of the aggregate unpaid principal amount of the Pro Rata Advances, or the number of Lenders, that
shall be required for the Lenders or any of them to take any action hereunder, (f) release Altria from any of its obligations under Article VIII or (g) amend this Section 9.01; provided further that no waiver of the conditions
specified in Section 3.04 in connection with any Competitive Bid Borrowing shall be effective unless consented to by all Lenders making Competitive Bid Advances as part of such Competitive Bid Borrowing; and provided further that no
amendment, 
  

 40 

 waiver or consent shall, unless in writing and signed by JPMorgan Chase, as Administrative Agent, in addition to the
Lenders required above to take such action, affect the rights or duties of JPMorgan Chase, as Administrative Agent, under this Agreement or any Pro Rata Advance. 
  
 Section 9.02. Notices, Etc. (a) Addresses. All notices and other communications provided for hereunder shall
be in writing (including telecopier communication) and mailed, telecopied, or delivered, as follows: 
  
 if to any Borrower: 
  
 c/o Altria Group, Inc. 
 120 Park Avenue

 New York, New York 10017 
 Attention: Vice President and Treasurer 
 Fax number: (917) 663-5067; 
  
 with a copy to: 
  
 Altria Corporate Services, Inc. 
 120 Park
Avenue 
 New York, New York 10017 
 Attention: Treasury Department - Debt Administration 
 Fax number: (917) 663-5345; 
  
 if to Altria, as guarantor: 
  
 Altria Group, Inc. 
 120 Park Avenue 
 New York, New York 10017

 Attention: Secretary 
 Fax
number: (917) 663-5372; 
  
 if to any Initial Lender, at its
Domestic Lending Office specified opposite its name on Schedule I hereto; 
  
 if to any other Lender, at its Domestic Lending Office specified in the Assignment and Acceptance pursuant to which it became a Lender; 
  
 if to JPMorgan Chase, as Administrative Agent: 
  
 c/o JPMorgan Chase Bank, N.A. 
 270 Park Avenue, 4th Floor 
 New York, New York 10017 
 Attention: Robert
Sacks 
 Fax number: (212) 270-6637; 
  
 with a copy to: 
  

 41 

 JPMorgan Chase Bank, N.A. 
 Loan and Agency 
 1111 Fannin 
 10th Floor 
 Houston, Texas 77002 
 Attention: Leah Hughes

 Fax number: (713) 750-2932 and 
 Michael Mekuria 
 Fax number: (713) 750-2452; or 
  
 as to any Borrower, Altria or JPMorgan Chase, as Administrative Agent, at such other address as shall be designated by such party in a
written notice to the other parties and, as to each other party, at such other address as shall be designated by such party in a written notice to Altria and JPMorgan Chase, as Administrative Agent. 
  
 (b) Effectiveness of Notices. All such notices and communications
shall, when mailed or telecopied, be effective when deposited in the mail or telecopied, respectively, except that notices and communications to JPMorgan Chase, as Administrative Agent, pursuant to Article II, III or VII shall not be effective until
received by JPMorgan Chase, as Administrative Agent. Delivery by telecopier of an executed counterpart of any amendment or waiver of any provision of this Agreement or of any Exhibit hereto to be executed and delivered hereunder shall be effective
as delivery of a manually executed counterpart thereof. 
  
 Section 9.03. No Waiver; Remedies. No failure on the part of any Lender or JPMorgan Chase, as Administrative Agent, to exercise, and no delay in exercising, any right hereunder or under any Note shall operate as a waiver thereof; nor
shall any single or partial exercise of any such right preclude any other or further exercise thereof or the exercise of any other right. The remedies herein provided are cumulative and not exclusive of any remedies provided by law. 
  
 Section 9.04. Costs and Expenses. (a) Administrative Agent;
Enforcement. Altria agrees to pay on demand all reasonable costs and expenses in connection with the preparation, execution, delivery, administration (excluding any cost or expenses for administration related to the overhead of JPMorgan Chase,
as Administrative Agent), modification and amendment of this Agreement and the documents to be delivered hereunder, including, without limitation, the reasonable fees and out-of-pocket expenses of counsel for JPMorgan Chase, as Administrative Agent,
with respect thereto and with respect to advising JPMorgan Chase, as Administrative Agent, as to its rights and responsibilities under this Agreement, and all costs and expenses of the Lenders and JPMorgan Chase, as Administrative Agent, if any
(including, without limitation, reasonable counsel fees and expenses of the Lenders and JPMorgan Chase, as Administrative Agent), in connection with the enforcement (whether through negotiations, legal proceedings or otherwise) of this Agreement and
the other documents to be delivered hereunder. 
  
 (b)
Prepayment of LIBO Rate Advances or Floating Rate Bid Advances. If any payment of principal of LIBO Rate Advance or Floating Rate Bid Advance is made other than on the last day of the Interest Period for such Advance or at its maturity, as a
result of a payment 
  

 42 

 pursuant to Section 2.11, acceleration of the maturity of the Advances pursuant to Section 6.02, an assignment made as a
result of a demand by Altria pursuant to Section 9.07(a) or for any other reason, Altria shall, upon demand by any Lender (with a copy of such demand to JPMorgan Chase, as Administrative Agent), pay to JPMorgan Chase, as Administrative Agent, for
the account of such Lender any amounts required to compensate such Lender for any additional losses, costs or expenses which it may reasonably incur as a result of such payment, including, without limitation, any loss (excluding loss of anticipated
profits), cost or expense incurred by reason of the liquidation or reemployment of deposits or other funds acquired by any Lender to fund or maintain such Advance. Without prejudice to the survival of any other agreement of any Borrower or Altria
hereunder, the agreements and obligations of each Borrower and Altria contained in Section 2.02(c), 2.05, 2.12, 2.15 and this Section 9.04(b) shall survive the payment in full of principal and interest hereunder. 
  
 (c) Indemnification. Each Borrower and Altria jointly and severally
agree to indemnify and hold harmless the Administrative Agents and each Lender and each of their respective affiliates, control persons, directors, officers, employees, attorneys and agents (each, an “Indemnified Party”) from and
against any and all claims, damages, losses, liabilities and expenses (including, without limitation, reasonable fees and disbursements of counsel) which may be incurred by or asserted against any Indemnified Party, in each case in connection with
or arising out of, or in connection with the preparation for or defense of, any investigation, litigation, or proceeding (i) related to any transaction or proposed transaction (whether or not consummated) in which any proceeds of any Borrowing are
applied or proposed to be applied, directly or indirectly, by any Borrower, whether or not such Indemnified Party is a party to such transaction or (ii) related to any Borrower’s or Altria’s entering into this Agreement, or to any actions
or omissions of any Borrower or Altria, any of their respective Subsidiaries or affiliates (other than Kraft Foods Inc. and its Subsidiaries or affiliates) or any of its or their respective officers, directors, employees or agents in connection
therewith, in each case whether or not an Indemnified Party is a party thereto and whether or not such investigation, litigation or proceeding is brought by Altria or any Borrower or any other Person; provided, however, that neither
any Borrower nor Altria shall be required to indemnify any such Indemnified Party from or against any portion of such claims, damages, losses, liabilities or expenses that is found in a final, non-appealable judgment by a court of competent
jurisdiction to have resulted from the gross negligence or willful misconduct of such Indemnified Party. 
  
 Section 9.05. Right of Set-Off. Upon (i) the occurrence and during the continuance of any Event of Default and (ii) the making of the request or
the granting of the consent specified by Section 6.02 to authorize JPMorgan Chase, as Administrative Agent, to declare the Advances due and payable pursuant to the provisions of Section 6.02, each Lender is hereby authorized at any time and from
time to time, to the fullest extent permitted by law, to set off and apply any and all deposits (general or special, time or demand, provisional or final) at any time held and other indebtedness at any time owing by such Lender to or for the credit
or the account of Altria or any Borrower against any and all of the obligations of any Borrower or Altria now or hereafter existing under this Agreement, whether or not such Lender shall have made any demand under this Agreement and although such
obligations may be unmatured. Each Lender shall promptly notify the appropriate Borrower or Altria, as the case may be, after any such set-off and application, provided that the failure to give such notice shall not affect the validity of
such set-off and application. The rights of each Lender and its affiliates under this 
  

 43 

 Section 9.05 are in addition to other rights and remedies (including, without limitation, other rights of set-off) that
such Lender and its affiliates may have. 
  
 Section 9.06.
Binding Effect. This Agreement shall be binding upon and inure to the benefit of Altria, JPMorgan Chase, as Administrative Agent, Citibank, as Administrative Agent and each Lender and their respective successors and assigns, except that
neither any Borrower nor Altria shall have the right to assign its rights hereunder or any interest herein without the prior written consent of the Lenders. 
  
 Section 9.07. Assignments and Participations. (a) Assignment of Lender Obligations. Each Lender may and, if demanded by Altria upon at least
five Business Days’ notice to such Lender and JPMorgan Chase, as Administrative Agent, will assign to one or more Persons all or a portion of its rights and obligations under this Agreement (including, without limitation, all or a portion of
its Commitment and the Pro Rata Advances owing to it), subject to the following: 
  
 (i) each such assignment shall be of a constant, and not a varying, percentage of all rights and obligations under this Agreement (other
than, except in the case of an assignment made as a result of a demand by Altria pursuant to this Section 9.07(a), any Competitive Bid Advances owing to such Lender or any Competitive Bid Notes held by it); 
  
 (ii) the amount of the Commitment of the assigning Lender
being assigned pursuant to each such assignment (determined as of the date of the Assignment and Acceptance with respect to such assignment) shall in no event be less than $10,000,000 (subject to reduction at the sole discretion of Altria) and shall
be an integral multiple of $1,000,000; 
  
 (iii)
each such assignment shall be to an Eligible Assignee; 
  
 (iv) each such assignment made as a result of a demand by Altria pursuant to this Section 9.07(a) shall be arranged by Altria after consultation with JPMorgan Chase, as Administrative Agent, and shall be either an assignment of all of the
rights and obligations of the assigning Lender under this Agreement or an assignment of a portion of such rights and obligations made concurrently with another such assignment or other such assignments which together cover all of the rights and
obligations of the assigning Lender under this Agreement; 
  
 (v) no Lender shall be obligated to make any such assignment as a result of a demand by Altria pursuant to this Section 9.07(a) unless and until such Lender shall have received one or more payments from either the
Borrowers to which it has outstanding Advances or one or more Eligible Assignees in an aggregate amount at least equal to the aggregate outstanding principal amount of the Advances owing to such Lender, together with accrued interest thereon to the
date of payment of such principal amount and all other amounts payable to such Lender under this Agreement; and 
  

 44 

 (vi) the parties to each such assignment shall execute and deliver to JPMorgan Chase, as
Administrative Agent, for its acceptance and recording in the Register, an Assignment and Acceptance, together with a processing and recordation fee of $3,500, provided that, if such assignment is made as a result of a demand by Altria under
this Section 9.07(a), Altria shall pay or cause to be paid such $3,500 fee. 
  
 Upon such execution, delivery, acceptance and recording, from and after the effective date specified in each Assignment and Acceptance, (x) the assignee thereunder shall be a party hereto and, to the extent that rights and obligations
hereunder have been assigned to it pursuant to such Assignment and Acceptance, have the rights and obligations of a Lender hereunder and (y) the assigning Lender thereunder shall, to the extent that rights and obligations hereunder have been
assigned by it pursuant to such Assignment and Acceptance, relinquish its rights (other than those provided under Section 9.04) and be released from its obligations under this Agreement (and, in the case of an Assignment and Acceptance covering all
or the remaining portion of an assigning Lender’s rights and obligations under this Agreement, such Lender shall cease to be a party hereto, other than Section 9.12. 
  
 (b) Assignment and Acceptance. By executing and delivering an Assignment and Acceptance, the assigning Lender
thereunder and the assignee thereunder confirm to and agree with each other and the other parties hereto as follows: (i) other than as provided in such Assignment and Acceptance, such assigning Lender makes no representation or warranty and assumes
no responsibility with respect to any statements, warranties or representations made in or in connection with this Agreement or the execution, legality, validity, enforceability, genuineness, sufficiency or value of this Agreement or any other
instrument or document furnished pursuant hereto; (ii) such assigning Lender makes no representation or warranty and assumes no responsibility with respect to the financial condition of any Borrower or Altria or the performance or observance by any
Borrower or Altria of any of its obligations under this Agreement or any other instrument or document furnished pursuant hereto; (iii) such assignee confirms that it has received a copy of this Agreement, together with copies of the financial
statements referred to in Section 4.01 and such other documents and information as it has deemed appropriate to make its own credit analysis and decision to enter into such Assignment and Acceptance; (iv) such assignee will, independently and
without reliance upon JPMorgan Chase, as Administrative Agent, such assigning Lender or any other Lender and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not
taking action under this Agreement; (v) such assignee confirms that it is an Eligible Assignee; (vi) such assignee represents that (A) the source of any funds it is using to acquire the assigning Lender’s interest or to make any Advance is not
and will not be plan assets as defined under the regulations of the Department of Labor of any Plan subject to Title I of ERISA or Section 4975 of the Code or (B) the assignment or Advance is not and will not be a non-exempt prohibited transaction
as defined in Section 406 of ERISA; (vii) such assignee appoints and authorizes JPMorgan Chase, as Administrative Agent, to take such action as agent on its behalf and to exercise such powers and discretion under this Agreement as are delegated to
JPMorgan Chase, as Administrative Agent, by the terms hereof, together with such powers and discretion as are reasonably incidental thereto; and (viii) such assignee agrees that it will perform in accordance with their terms all of the obligations
that by the terms of this Agreement are required to be performed by it as a Lender. 
  

 45 

 (c) Agent’s Acceptance. Upon its receipt of an Assignment and Acceptance executed by an
assigning Lender and an assignee representing that it is an Eligible Assignee, together with any Pro Rata Note or Notes subject to such assignment, JPMorgan Chase, as Administrative Agent, shall, if such Assignment and Acceptance has been completed
and is in substantially the form of Exhibit C hereto, (i) accept such Assignment and Acceptance, (ii) record the information contained therein in the Register and (iii) give prompt notice thereof to Altria. 
  
 (d) Register. JPMorgan Chase, as Administrative Agent, shall maintain
at its address referred to in Section 9.02 a copy of each Assignment and Acceptance delivered to and accepted by it and a register for the recordation of the names and addresses of the Lenders and the Commitment of, and principal amount of the
Advances owing to, each Lender from time to time (the “Register”). The entries in the Register shall be conclusive and binding for all purposes, absent manifest error, and Altria, the Borrowers, JPMorgan Chase, as Administrative
Agent, and the Lenders may treat each Person whose name is recorded in the Register as a Lender hereunder for all purposes of this Agreement. The Register shall be available for inspection by Altria, any Borrower or any Lender at any reasonable time
and from time to time upon reasonable prior notice. 
  
 (e)
Sale of Participation. Each Lender may sell participations to one or more banks or other entities in or to all or a portion of its rights and obligations under this Agreement (including, without limitation, all or a portion of its Commitment,
the Advances owing to it and any Note or Notes held by it), subject to the following: 
  
 (i) such Lender’s obligations under this Agreement (including, without limitation, its Commitment to Altria hereunder) shall remain
unchanged, 
  
 (ii) such Lender shall remain
solely responsible to the other parties hereto for the performance of such obligations, 
  
 (iii) Altria, the other Borrowers, JPMorgan Chase, as Administrative Agent, and the other Lenders shall continue to deal solely and
directly with such Lender in connection with such Lender’s rights and obligations under this Agreement, and 
  
 (iv) no participant under any such participation shall have any right to approve any amendment or waiver of any provision of this
Agreement, or any consent to any departure by any Borrower or Altria therefrom, except to the extent that such amendment, waiver or consent would reduce the principal of, or interest on, the Advances or any fees or other amounts payable hereunder,
in each case to the extent subject to such participation, or postpone any date fixed for any payment of principal of, or interest on, the Advances or any fees or other amounts payable hereunder, in each case to the extent subject to such
participation. 
  
 (f) Disclosure of Information. Any
Lender may, in connection with any assignment or participation or proposed assignment or participation pursuant to this Section 9.07, disclose to the assignee or participant or proposed assignee or participant, any information relating to Altria or
any Borrower furnished to such Lender by or on behalf of Altria or any Borrower; provided that, prior to any such disclosure, the assignee or participant or proposed assignee or participant 

  

 46 

 
shall agree to preserve the confidentiality of any confidential information relating to Altria received by it from such Lender. 
  
 (g) Regulation A Security Interest. Notwithstanding any other
provision set forth in this Agreement, any Lender may at any time create a security interest in all or any portion of its rights under this Agreement (including, without limitation, the Advances owing to it and any Note or Notes held by it) in favor
of any Federal Reserve Bank in accordance with Regulation A. 
  
 Section 9.08. Designated Subsidiaries. (a) Designation. Altria may at any time, and from time to time, by delivery to JPMorgan Chase, as Administrative Agent, of a Designation Agreement duly executed by Altria and the
respective Subsidiary and substantially in the form of Exhibit D hereto, designate such Subsidiary as a “Designated Subsidiary” for purposes of this Agreement and such Subsidiary shall thereupon become a “Designated Subsidiary”
for purposes of this Agreement and, as such, shall have all of the rights and obligations of a Borrower hereunder. JPMorgan Chase, as Administrative Agent, shall promptly notify each Lender of each such designation by Altria and the identity of the
respective Subsidiary. 
  
 (b) Termination. Upon the
payment and performance in full of all of the indebtedness, liabilities and obligations under this Agreement of any Designated Subsidiary then, so long as at the time no Notice of Pro Rata Borrowing or Notice of Competitive Bid Borrowing in respect
of such Designated Subsidiary is outstanding, such Subsidiary’s status as a “Designated Subsidiary” shall terminate upon notice to such effect from JPMorgan Chase, as Administrative Agent, to the Lenders (which notice JPMorgan Chase,
as Administrative Agent, shall give promptly, and only upon its receipt of a request therefor from Altria). Thereafter, the Lenders shall be under no further obligation to make any Advance hereunder to such former Designated Subsidiary until such
time as it has been redesignated a Designated Subsidiary by Altria pursuant to Section 9.08(a). 
  
 Section 9.09. Governing Law. This Agreement and the Notes shall be governed by, and construed in accordance with, the laws of the State of New
York. 
  
 Section 9.10. Execution in Counterparts. This
Agreement may be executed in any number of counterparts and by different parties hereto in separate counterparts, each of which when so executed shall be deemed to be an original and all of which taken together shall constitute one and the same
agreement. Delivery of an executed counterpart of a signature page to this Agreement by telecopier shall be effective as delivery of a manually executed counterpart of this Agreement. 
  
 Section 9.11. Jurisdiction, Etc. (a) Submission to Jurisdiction; Service of Process. Each of the parties
hereto hereby irrevocably and unconditionally submits, for itself and its property, to the nonexclusive jurisdiction of any New York state court or Federal court of the United States of America sitting in New York City, and any appellate court from
any thereof, in any action or proceeding arising out of or relating to this Agreement, or for recognition or enforcement of any judgment, and each of the parties hereto hereby irrevocably and unconditionally agrees that all claims in respect of any
such action or proceeding may be heard and determined in any such New York state court or, to the extent permitted by law, in such 
  

 47 

 Federal court. Each Borrower (other than Altria) hereby agrees that service of process in any such action or proceeding
brought in any such New York state court or in such Federal court may be made upon Altria at its offices at 120 Park Avenue, New York, New York 10017, Attention: Secretary (the “Process Agent”) and each Designated Subsidiary hereby
irrevocably appoints the Process Agent its authorized agent to accept such service of process, and agrees that the failure of the Process Agent to give any notice of any such service shall not impair or affect the validity of such service or of any
judgment rendered in any action or proceeding based thereon. Each Borrower hereby further irrevocably consents to the service of process in any action or proceeding in such courts by the mailing thereof by any parties hereto by registered or
certified mail, postage prepaid, to such Borrower at its address specified pursuant to Section 9.02. Each of the parties hereto agrees that a final judgment in any such action or proceeding shall be conclusive and may be enforced in other
jurisdictions by suit on the judgment or in any other manner provided by law. Nothing in this Agreement shall affect any right that any party may otherwise have to serve legal process in any other manner permitted by law or to bring any action or
proceeding relating to this Agreement or the Notes in the courts of any jurisdiction. 
  
 (b) Altria as Process Agent. Altria hereby accepts its appointment as Process Agent and agrees that (i) it will maintain an office in New York, New York through the Termination Date and will give JPMorgan
Chase, as Administrative Agent, prompt notice of any change of its address, (ii) it will perform its duties as Process Agent to receive on behalf of each Designated Subsidiary and its property service of copies of the summons and complaint and any
other process which may be served in any action or proceeding in any New York State or Federal court sitting in New York City arising out of or relating to this Agreement and (iii) it will forward forthwith to each Designated Subsidiary at its then
current address copies of any summons, complaint and other process which Altria receives in connection with its appointment as Process Agent. 
  
 (c) Waivers. Each of the parties hereto irrevocably and unconditionally waives, to the fullest extent it may legally and effectively do so, any
objection that it may now or hereafter have to the laying of venue of any suit, action or proceeding arising out of or relating to this Agreement or the Notes in any New York state or Federal court. Each of the parties hereto hereby irrevocably
waives, to the fullest extent permitted by law, the defense of an inconvenient forum to the maintenance of such action or proceeding in any such court. 
  
 Section 9.12. Confidentiality. None of the Agents nor any Lender shall disclose any confidential information relating to Altria or any Borrower to
any other Person without the consent of Altria, other than (a) to such Agent’s or such Lender’s affiliates and their officers, directors, employees, agents and advisors and, as contemplated by Section 9.07(f), to actual or prospective
assignees and participants, and then, in each such case, only on a confidential basis; provided, however, that such actual or prospective assignee or participant shall have been made aware of this Section 9.12 and shall have agreed to
be bound by its provisions as if it were a party to this Agreement, (b) as required by any law, rule or regulation or judicial process, and (c) as requested or required by any state, federal or foreign authority or examiner regulating banks or
banking or other financial institutions. 
  
 Section 9.13.
Integration. This Agreement and the Notes represent the agreement of Altria, the other Borrowers, the Administrative Agents and the Lenders with 
  

 48 

 respect to the subject matter hereof, and there are no promises, undertakings, representations or warranties by the
Administrative Agents, Altria, the other Borrowers or any Lender relative to the subject matter hereof not expressly set forth or referred to herein or in the Notes other than the matters referred to in Sections 2.09(b) and 9.04(a) and except for
Confidentiality Agreements entered into by each Lender in connection with this Agreement. 
  
 Section 9.14. USA Patriot Act Notice. Each Administrative Agent and each Lender hereby notifies the Borrowers that pursuant to the requirements of the USA Patriot Act (Title III of Pub. L. 107-56 (signed into
law October 26, 2001)) (the “Patriot Act”), it is required to obtain, verify and record information that identifies the Borrowers, which information includes the name and address of each Borrower and other information that will allow such
Lender to identify such Borrower in accordance with the Patriot Act. 
  

 49 

 [Signature pages omitted]. 

 EXHIBIT A-1 - FORM OF 
 PRO RATA NOTE 
  
 Dated:
            , 200   
  
 U.S.$             
  
 FOR VALUE RECEIVED, the undersigned, [NAME OF BORROWER], a
                     corporation (the “Borrower”), HEREBY PROMISES TO PAY to the order of
                     (the “Lender”) for the account of its Applicable Lending Office on the Termination Date (each as defined
in the Credit Agreement referred to below) the principal sum of U.S.$[amount of the Lender’s Commitment in figures] or, if less, the aggregate principal amount of the Pro Rata Advances outstanding on the Termination Date made by the Lender to
the Borrower pursuant to the 364-Day Revolving Credit Agreement, dated as of April 15, 2005 among Altria Group, Inc., the Lender and certain other lenders party thereto, JPMorgan Chase Bank, N.A., as Administrative Agent, Citibank, N.A., as
Administrative Agent, Credit Suisse First Boston, Cayman Islands Branch and Deutsche Bank Securities Inc., as Syndication Agents, and ABN AMRO Bank N.V., BNP Paribas, HSBC Bank USA, National Association and UBS Securities LLC, as Arrangers and
Documentation Agents for the Lender and such other lenders (as amended or modified from time to time, the “Credit Agreement;” the terms defined therein being used herein as therein defined). 
  
 The Borrower promises to pay interest on the unpaid principal amount of each
Pro Rata Advance from the date of such Pro Rata Advance until such principal amount is paid in full, at such interest rate, and payable at such times, as are specified in the Credit Agreement. 
  
 Both principal and interest in respect of each Pro Rata Advance are payable
in Dollars to JPMorgan Chase, as Administrative Agent, for the account of the Lender at the office of JPMorgan Chase, located at 270 Park Avenue, New York, New York 10017, in same day funds. Each Pro Rata Advance owing to the Lender by the Borrower
pursuant to the Credit Agreement, and all payments made on account of principal thereof, shall be recorded by the Lender and, prior to any transfer hereof, endorsed on the grid attached hereto which is part of this Promissory Note. 
  
 This Promissory Note is one of the Pro Rata Notes referred to in, and is
entitled to the benefits of, the Credit Agreement. The Credit Agreement, among other things, (i) provides for the making of Pro Rata Advances by the Lender to the Borrower from time to time in an aggregate amount not to exceed at any time
outstanding the Dollar amount first above mentioned, the indebtedness of the Borrower resulting from each such Pro Rata Advance being evidenced by this Promissory Note, and (ii) contains provisions for acceleration of the maturity hereof upon the
happening of certain stated events and also for prepayments on account of principal hereof prior to the maturity hereof upon the terms and conditions therein specified. 

 This Promissory Note shall be governed by, and construed in accordance with, the laws of the State of New
York. 
  

			
	[NAME OF BORROWER]
		
	By	 	  

	Name:	 	 
	Title:	 	 

  

 2 

 LOANS AND PAYMENTS OF PRINCIPAL 
  

													
	 Date

	 	 Type of
 Advance

	 	 Amount of
 Advance

	  	 Interest
 Rate

	  	 Amount of
 Principal
 Paid
 or Prepaid

	  	 Unpaid
Principal
 Balance

	  	 Notation
 Made By

  

 3 

 EXHIBIT A-2 - FORM OF 
 COMPETITIVE BID NOTE 
  
 Dated:
            , 200   
  
 U.S.$             
  
 FOR VALUE RECEIVED, the undersigned, [NAME OF BORROWER], a
                     corporation (the “Borrower”), HEREBY PROMISES TO PAY to the order of
                     (the “Lender”) for the account of its Applicable Lending Office (as defined in the 364-Day Revolving
Credit Agreement, dated as of April 15, 2005 among Altria Group, Inc., the Lender and certain other lenders party thereto, JPMorgan Chase Bank, N.A., as Administrative Agent, Citibank, N.A., as Administrative Agent, Credit Suisse First Boston,
Cayman Islands Branch and Deutsche Bank Securities Inc., as Syndication Agents, and ABN AMRO Bank N.V., BNP Paribas, HSBC Bank USA, National Association and UBS Securities LLC, as Arrangers and Documentation Agents for the Lender and such other
lenders (as amended or modified from time to time, the “Credit Agreement;” the terms defined therein being used herein as therein defined)), on
                    , 200  , the principal amount of
U.S.$[                    ]. 
  
 The Borrower promises to pay interest on the unpaid principal amount hereof from the date hereof until such principal amount is paid in full, at the
interest rate and payable on the interest payment date or dates provided below: 
  
 Interest Rate Basis:                               .

  
 Day Count
Convention:                        . 
  
 Interest Payment
Date(s):                    . 
  
 Both principal and interest are payable in Dollars to JPMorgan Chase, as Administrative Agent, for the account of the Lender at the office of JPMorgan
Chase, located at 270 Park Avenue, New York, New York 10017, in same day funds. 
  
 This Promissory Note is one of the Competitive Bid Notes referred to in, and is entitled to the benefits of, the Credit Agreement. The Credit Agreement, among other things, contains provisions for acceleration of the
maturity hereof upon the happening of certain stated events. 
  
 The Borrower hereby waives presentment, demand, protest and notice of any kind. No failure to exercise, and no delay in exercising, any rights hereunder on the part of the holder hereof shall operate as a waiver of such rights. 

 
 This Promissory Note shall be governed by, and construed in accordance
with, the laws of the State of New York. 
  

			
	[NAME OF BORROWER]
		
	By	 	  

	Name:	 	 

			
	Title:	 	 

  
  

 2 

 EXHIBIT B-1 - FORM OF NOTICE OF 
 PRO RATA BORROWING 
  
 [Date]                                      
           
  
 JPMorgan Chase
Bank, N.A., as Administrative Agent 
     for the Lenders party 
     to the Credit Agreement 
     referred to below 
  
 Attention:
                             
  
 Ladies and Gentlemen: 
  
 [NAME OF BORROWER], refers to the 364-Day Revolving Credit Agreement, dated as of April 15, 2005 (as amended or modified from time to time, the
“Credit Agreement,” the terms defined therein being used herein as therein defined), among Altria Group, Inc., the Lenders party thereto and JPMorgan Chase Bank, N.A., as Administrative Agent, Citibank, N.A., as Administrative
Agent, Credit Suisse First Boston, Cayman Islands Branch and Deutsche Bank Securities Inc., as Syndication Agents, and ABN AMRO Bank N.V., BNP Paribas, HSBC Bank USA, National Association and UBS Securities LLC, as Arrangers and Documentation Agents
for such Lenders, and hereby gives you notice, irrevocably, pursuant to Section 2.02 of the Credit Agreement that the undersigned hereby requests a Pro Rata Borrowing under the Credit Agreement, and in that connection sets forth below the
information relating to such Pro Rata Borrowing (the “Proposed Pro Rata Borrowing”) as required by Section 2.02(a) of the Credit Agreement: 
  
 (i) The date of the Proposed Pro Rata Borrowing is
                    , 200  . 
  
 (ii) The Type of Advances comprising the Proposed Pro Rata Borrowing is [Base Rate Advances] [LIBO Rate Advances]. 
  
 (iii) The aggregate amount of the Proposed Pro Rata
Borrowing is U.S.$[                    ]. 
  
 [(iv) The initial Interest Period for each LIBO Rate Advance made as part of the Proposed Pro Rata Borrowing is
                     month(s).] 
  
 The undersigned, as applicable, hereby certifies that the following statements are true on the date hereof, and will be true on the date of the Proposed
Pro Rata Borrowing: 
  
 (A) the representations
and warranties contained in Section 4.01 of the Credit Agreement (except the representations set forth in the last sentence of subsection (e) thereof and in subsection (f) thereof (other than clause (i) thereof)) are correct, before and after giving
effect to the Proposed Pro Rata Borrowing and to the application of the proceeds therefrom, as though made on and as of such date; 

 [if the Borrower is a Designated Subsidiary: the representations and warranties of such
Designated Subsidiary contained in its Designation Agreement are correct, before and after giving effect to the Proposed Pro Rata Borrowing and to the application of the proceeds therefrom, as though made on and as of such date;] 
  
 (B) after giving effect to the application of the proceeds
of all Borrowings on the date of such Pro Rata Borrowing (together with any other resources of the Borrower applied together therewith), no event has occurred and is continuing, or would result from such Pro Rata Borrowing, that constitutes a
Default or Event of Default; 
  
 (C) if such
Proposed Pro Rata Borrowing is in an aggregate principal amount equal to or greater than $500,000,000 and is being made in connection with any purchase of shares of the Borrower’s capital stock or the capital stock of any other Person, or any
purchase of all or substantially all of the assets of any Person (whether in one transaction or a series of transactions) or any transaction of the type referred to in Section 5.02(b) of the Credit Agreement, the statement in clause (B) above will
be true on a pro forma basis as if such transaction or purchase shall have been completed; and 
  
 (D) the aggregate principal amount of the Proposed Pro Rata Borrowing and all other Borrowings to be made on the same day under the Credit
Agreement is within the aggregate unused Commitments of the Lenders. 
  

			
	Very truly yours,
	
	ALTRIA GROUP, INC.
		
	By	 	  

	Name:	 	 
	Title:	 	 
	
	[NAME OF BORROWER]
		
	By	 	  

	Name:	 	 
	Title:	 	 

  
  

 2 

 EXHIBIT B-2 - FORM OF NOTICE OF 
 COMPETITIVE BID BORROWING 
  
 [Date]                                      
           
  
 JPMorgan Chase
Bank, N.A., as Administrative Agent 
     for the Lenders party 
     to the Credit Agreement 
     referred to below 
  
 Attention:
                             
  
 Ladies and Gentlemen: 
  
 [NAME OF BORROWER], refers to the 364-Day Revolving Credit Agreement, dated as of April 15, 2005 (as amended or modified from time to time, the
“Credit Agreement,” the terms defined therein being used herein as therein defined), among Altria Group, Inc., the Lenders party thereto and JPMorgan Chase Bank, N.A., as Administrative Agent, Citibank, N.A., as Administrative
Agent, Credit Suisse First Boston, Cayman Islands Branch and Deutsche Bank Securities Inc., as Syndication Agents, and ABN AMRO Bank N.V., BNP Paribas, HSBC Bank USA, National Association and UBS Securities LLC, as Arrangers and Documentation Agents
for such Lenders, and hereby gives you notice, irrevocably, pursuant to Section 2.07(b) of the Credit Agreement that the undersigned hereby requests a Competitive Bid Borrowing under the Credit Agreement, and in that connection sets forth the terms
on which such Competitive Bid Borrowing (the “Proposed Competitive Bid Borrowing”) is requested to be made: 
  

	 	(A)	Date of Competitive Bid Borrowing; 

  

	 	(B)	Amount of Competitive Bid Borrowing; 

  

	 	(C)	Interest rate basis; 

  

	 	(D)	Day count convention; 

  

	 	(E)	[Interest Period] [Maturity date]; 

  

	 	(F)	Interest payment date(s); 

  

	 	(G)	Borrower’s account location; 

  

	 	(H)	[other terms (if any)]. 

  
 The undersigned, as applicable, hereby certifies that the following statements are true on the date hereof, and will be true on the date of the Proposed
Competitive Bid Borrowing: 
  
 (a) the
representations and warranties contained in Section 4.01 of the Credit Agreement are correct, before and after giving effect to the Proposed Competitive Bid Borrowing and to the application of the proceeds therefrom, as though made on and as of such
date; 

 [if the Borrower is a Designated Subsidiary: the representations and warranties of such
Designated Subsidiary contained in its Designation Agreement are correct, before and after giving effect to the Proposed Competitive Bid Borrowing and to the application of the proceeds therefrom, as though made on and as of such date;] 

 
 (b) after giving effect to the application of the
proceeds of all Borrowings on the date of such Competitive Bid Borrowing (together with any other resources of the Borrower applied together therewith), no event has occurred and is continuing, or would result from such Proposed Competitive Bid
Borrowing, that constitutes a Default or Event of Default; and 
  
 (c) the aggregate principal amount of the Proposed Competitive Bid Borrowing and all other Borrowings to be made on the same day under the Credit Agreement is within the aggregate unused Commitments of the Lenders.

  
 The undersigned hereby confirms that the Proposed Competitive
Bid Borrowing is to be made available to it in accordance with Section 2.07(e) of the Credit Agreement. 
  

			
	Very truly yours,
	
	ALTRIA GROUP, INC.
		
	By	 	  

	Name:	 	 
	Title:	 	 
	
	[NAME OF BORROWER]
		
	By	 	  

	Name:	 	 
	Title:	 	 

  

 2 

 EXHIBIT C - FORM OF 
 ASSIGNMENT AND ACCEPTANCE 
  
 Reference is made to the 364-Day Revolving Credit Agreement, dated as of April 15, 2005 (as amended or modified from time to time, the “Credit Agreement,” the terms defined therein being used herein as therein defined),
among Altria Group, Inc., a Virginia corporation, the Lenders party thereto and JPMorgan Chase Bank, N.A., as Administrative Agent, Citibank, N.A., as Administrative Agent, Credit Suisse First Boston, Cayman Islands Branch and Deutsche Bank
Securities Inc., as Syndication Agents, and ABN AMRO Bank N.V., BNP Paribas, HSBC Bank USA, National Association and UBS Securities LLC, as Arrangers and Documentation Agents for such Lenders. 
  
 The “Assignor” and the “Assignee” referred to on Schedule
1 hereto agree as follows: 
  
 1. The Assignor hereby sells and
assigns to the Assignee, and the Assignee hereby purchases and assumes from the Assignor, an interest in and to the Assignor’s rights and obligations under the Credit Agreement as of the date hereof (other than in respect of Competitive Bid
Advances and Competitive Bid Notes) equal to the percentage interest specified on Schedule 1 hereto of all outstanding rights and obligations under the Credit Agreement (other than in respect of Competitive Bid Advances and Competitive Bid Notes).
After giving effect to such sale and assignment, the Assignee’s Commitment and the amount of the Pro Rata Advances owing to the Assignee will be as set forth on Schedule 1 hereto. Each of the Assignor and the Assignee represents and warrants
that it is authorized to execute and deliver this Assignment and Acceptance. 
  
 2. The Assignor (i) represents and warrants that it is the legal and beneficial owner of the interest being assigned by it hereunder and that such interest is free and clear of any adverse claim; (ii) makes no
representation or warranty and assumes no responsibility with respect to any statements, warranties or representations made in or in connection with the Credit Agreement or the execution, legality, validity, enforceability, genuineness, sufficiency
or value of the Credit Agreement or any other instrument or document furnished pursuant thereto; and (iii) makes no representation or warranty and assumes no responsibility with respect to the financial condition of any Borrower or Altria or the
performance or observance by any Borrower or Altria of any of its obligations under the Credit Agreement or any other instrument or document furnished pursuant thereto. 
  
 3. The Assignee (i) confirms that it has received a copy of the Credit Agreement, together with copies of the financial
statements referred to in Section 4.01 thereof and such other documents and information as it has deemed appropriate to make its own credit analysis and decision to enter into this Assignment and Acceptance; (ii) agrees that it will, independently
and without reliance upon JPMorgan Chase, as Administrative Agent, any other Agent, the Assignor or any other Lender and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in
taking or not taking action under the Credit Agreement; (iii) confirms that it is an Eligible Assignee; (iv) represents that (A) the source of any funds it is using to acquire the Assignor’s interest or to make any Advance is not and will not
be plan assets as defined under the regulations of the Department of Labor of any Plan subject to Title I of ERISA or Section 4975 of the Code or (B) the assignment or Advance is not and will be not be a non-exempt prohibited transaction as

 defined in Section 406 of ERISA; (v) appoints and authorizes JPMorgan Chase, as Administrative Agent, to take such action
as agent on its behalf and to exercise such powers and discretion under the Credit Agreement as are delegated to JPMorgan Chase, as Administrative Agent, by the terms thereof, together with such powers and discretion as are reasonably incidental
thereto; and (vi) agrees that it will perform in accordance with their terms all of the obligations that by the terms of the Credit Agreement are required to be performed by it as a Lender. 
  
 4. This Assignment and Acceptance will be delivered to JPMorgan Chase, as
Administrative Agent, for acceptance and recording by JPMorgan Chase, as Administrative Agent following its execution. The effective date for this Assignment and Acceptance (the “Effective Date”) shall be the date of acceptance
hereof by JPMorgan Chase, as Administrative Agent, unless otherwise specified on Schedule 1 hereto. 
  
 5. Upon such acceptance and recording by JPMorgan Chase, as Administrative Agent, as of the Effective Date, (i) the Assignee shall be a party to the
Credit Agreement and, to the extent provided in this Assignment and Acceptance, have the rights and obligations of a Lender thereunder and (ii) the Assignor shall, to the extent provided in this Assignment and Acceptance, relinquish its rights and
be released from its obligations under the Credit Agreement. 
  
 6. Upon such acceptance and recording by JPMorgan Chase, as Administrative Agent, from and after the Effective Date, JPMorgan Chase, as Administrative Agent, shall make all payments under the Credit Agreement in respect of the interest
assigned hereby (including, without limitation, all payments of principal, interest and facility fees with respect thereto) to the Assignee. The Assignor and Assignee shall make all appropriate adjustments in payments under the Credit Agreement for
periods prior to the Effective Date directly between themselves. 
  
 7. This Assignment and Acceptance shall be governed by, and construed in accordance with, the laws of the State of New York. 
  
 8. This Assignment and Acceptance may be executed in any number of counterparts and by different parties hereto in separate counterparts, each of which
when so executed shall be deemed to be an original and all of which taken together shall constitute one and the same agreement. Delivery of an executed counterpart of Schedule 1 to this Assignment and Acceptance by telecopier shall be effective as
delivery of a manually executed counterpart of this Assignment and Acceptance. 
  
 IN WITNESS WHEREOF, the Assignor and the Assignee have caused Schedule 1 to this Assignment and Acceptance to be executed by their officers thereunto duly authorized as of the date specified thereon. 
  

 2 

 Schedule 1 
 to 
 Assignment and Acceptance 
  
 Percentage interest assigned:             % 
  
 Assignee’s Commitment:
U.S.$             
  
 Aggregate outstanding principal amount of Pro Rata Advances assigned: U.S.$             
  
 Effective Date1:                         , 200   
  

			
	        [NAME OF ASSIGNOR], as Assignor
		
	By	 	  

	Title:	 	 
		
	Dated:	 	                        ,
200  
	
	        [NAME OF ASSIGNEE], as Assignee
		
	By	 	

	Title:	 	 
		
	Dated:	 	                        ,
200  
	
	Domestic Lending Office:
	        [Address]

  

			
	Accepted this                          day
of            , 200  
	JPMORGAN CHASE BANK, N.A., as Administrative Agent
		
	By	 	  

	Title:	 	 
	
	[Approved this day                      of
            , 200  ]
	
	[NAME OF BORROWER]2
		
	By	 	  

	Title:	 	 

  

	1	This date should be no earlier than five Business Days after the delivery of this Assignment and Acceptance to JPMorgan Chase, as Administrative Agent.

	2	Required if the Assignee is an Eligible Assignee solely by reason of clause (viii) of the definition of “Eligible Assignee.” 

 EXHIBIT D - FORM OF 
 DESIGNATION AGREEMENT 
  
 [Date]1                                      
           
 JPMorgan Chase Bank, N.A., as Administrative Agent 
     for the Lenders party to the Credit Agreement 
     referred to below 
  
 Ladies and Gentlemen:

  
 Reference is made to the 364-Day Revolving Credit Agreement,
dated as of April 15, 2005 (as amended or modified from time to time, the “Credit Agreement,” the terms defined therein being used herein as therein defined), among Altria Group, Inc., [certain other borrowers party thereto], the
Lenders party thereto and JPMorgan Chase Bank, N.A., as Administrative Agent, Citibank, N.A., as Administrative Agent, Credit Suisse First Boston, Cayman Islands Branch and Deutsche Bank Securities Inc., as Syndication Agents, and ABN AMRO Bank
N.V., BNP Paribas, HSBC Bank USA, National Association and UBS Securities LLC, as Arrangers and Documentation Agents for such Lenders. 
  
 Please be advised that Altria hereby designates its undersigned wholly-owned Subsidiary,
                     (“Designated Subsidiary”), as a “Designated Subsidiary” under and for all purposes of the
Credit Agreement. 
  
 The Designated Subsidiary, in consideration
of each Lender’s agreement to extend credit to it under and on the terms and conditions set forth in the Credit Agreement, does hereby assume each of the obligations imposed upon a “Designated Subsidiary” and a “Borrower”
under the Credit Agreement and agrees to be bound by the terms and conditions of the Credit Agreement. In furtherance of the foregoing, the Designated Subsidiary hereby represents and warrants to each Lender as follows: 
  
 (a) The Designated Subsidiary is a corporation duly
organized, validly existing and in good standing under the laws of                     . 
  
 (b) The execution, delivery and performance by the
Designated Subsidiary of this Designation Agreement, the Credit Agreement and the Notes to be delivered by it are within the Designated Subsidiary’s corporate powers, have been duly authorized by all necessary corporate action and do not
contravene (i) the Designated Subsidiary’s charter or by-laws or (ii) in any material respect, any law, rule, regulation or order of any court or governmental agency or contractual restriction binding on or affecting it. 
  

	1	For Subsidiaries that are not listed on Schedule II, date must be at least (i) three Business Days for a Designated Subsidiary organized in the United States or any
political subdivision thereof and (ii) five Business Days for a Designated Subsidiary organized outside the United States, in each case, prior to the date of the initial Pro Rata Advance to such Designated Subsidiary. 

 (c) No authorization or approval or other action by, and no notice to or filing with, any
governmental authority or regulatory body is required for the due execution, delivery and performance by the Designated Subsidiary of this Designation Agreement, the Credit Agreement or the Notes to be delivered by it. 
  
 (d) This Designation Agreement is, and the Notes to be
delivered by the Designated Subsidiary when delivered will be, legal, valid and binding obligations of the Designated Subsidiary enforceable against the Designated Subsidiary in accordance with their respective terms, subject to the effect of any
applicable bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium or other laws affecting creditors’ rights generally and subject, as to enforceability, to general principles of equity (regardless of whether such
enforceability is sought in a proceeding in equity or at law) and an implied covenant of good faith and fair dealing. 
  
 (e) There is no pending or threatened action or proceeding affecting the Designated Subsidiary or any of its Subsidiaries before any
court, governmental agency or arbitrator that purports to affect the legality, validity or enforceability of this Designation Agreement, the Credit Agreement or any Note of the Designated Subsidiary. 
  
 (f) The registered address; name, telephone number,
facsimile number and email address of contact person; and internet address, if available, of the Designated Subsidiary are
                    .]2 
  
 (g) [The Federal employer
identification number of the Designated Subsidiary is                     .]2,3 
  
  

			
	Very truly yours,
	
	ALTRIA GROUP, INC.
		
	By	 	  

	Name:	 	 
	Title:	 	 
	
	[DESIGNATED SUBSIDIARY]
		
	By	 	

	Name:	 	 
	Title:	 	 

  

	2	Does not apply to Subsidiaries listed on Schedule II. 

	3	Does not apply to Designated Subsidiaries organized outside the United States. 

  

 2 

 EXHIBIT E-1 - FORM OF 
 OPINION OF COUNSEL 
 FOR ALTRIA 
  
 [Letterhead of Hunton & Williams LLP] 
  
                                        
 [Effective Date] 
  
 To each of the Lenders party 
     to the Credit Agreement referred to below 
  
 Altria Group, Inc. 
  
 Ladies and Gentlemen: 
  
 This opinion is furnished to you pursuant to Section 3.01(e)(iii) of the 364-Day Revolving Credit Agreement, dated as of April 15, 2005 (the
“Credit Agreement”), among Altria Group, Inc., the Lenders party thereto and JPMorgan Chase Bank, N.A., as Administrative Agent, Citibank, N.A., as Administrative Agent, Credit Suisse First Boston, Cayman Islands Branch and Deutsche
Bank Securities Inc., as Syndication Agents, and ABN AMRO Bank N.V., BNP Paribas, HSBC Bank USA, National Association and UBS Securities LLC, as Arrangers and Documentation Agents for such Lenders. Terms defined in the Credit Agreement are used
herein as therein defined. 
  
 We have acted as counsel for Altria
in connection with the preparation, execution and delivery of the Credit Agreement. 
  
 In that connection, we have examined the following documents: 
  
 (1) The Credit Agreement. 
  
 (2) The documents furnished by Altria pursuant to Article III of the Credit Agreement. 
  
 (3) The Articles of Incorporation of Altria and all
amendments thereto (the “Charter”). 
  
 (4) The by-laws of Altria and all amendments thereto (the “By-laws”). 
  
 We have also examined the originals, or copies certified to our satisfaction, of such corporate records of Altria, certificates of public officials and of
officers of Altria, and agreements, instruments and other documents, as we have deemed relevant and necessary as a basis for the opinions expressed below. As to questions of fact material to such opinions, we have, when relevant facts were not
independently established by us, relied upon certificates of Altria or its officers or of public officials. We have assumed the due execution and delivery, pursuant to due authorization, of the Credit Agreement by the Initial Lenders and JPMorgan
Chase Bank, N.A., as Administrative Agent, Citibank, N. A., as Administrative Agent, Credit Suisse First Boston, Cayman Islands Branch and Deutsche Bank Securities Inc., as Syndication 

 Agents, and ABN AMRO Bank N.V., BNP Paribas, HSBC Bank USA, National Association and UBS Securities LLC, as Arrangers and
Documentation Agents. 
  
 Our opinions expressed below are limited
to the law of the State of New York, the Commonwealth of Virginia and the Federal law of the United States. 
  
 Based upon the foregoing and upon such investigation as we have deemed necessary, we are of the following opinion: 
  
 1. Altria is a corporation duly organized, validly existing
and in good standing under the laws of the Commonwealth of Virginia. 
  
 2. The execution, delivery and performance by Altria of the Credit Agreement and the Notes, and the consummation of the transactions contemplated thereby, are within Altria’s corporate powers, have been duly
authorized by all necessary corporate action, and do not contravene (i) the Charter or the By-laws or (ii) any law, rule or regulation applicable to Altria (including, without limitation, Regulation X of the Board of Governors of the Federal Reserve
System) or (iii) to our knowledge, any contractual restriction binding on or affecting Altria. The Credit Agreement and any Notes delivered on the date hereof have been duly executed and delivered on behalf of Altria. 
  
 3. No authorization, approval or other action by, and no
notice to or filing with, any governmental authority or regulatory body or any other third party is required for the due execution, delivery and performance by Altria of the Credit Agreement and the Notes. 
  
 4. The Credit Agreement is the legal, valid and binding
obligation of Altria enforceable against Altria in accordance with its terms. The Notes issued on the date hereof, if any, are the legal, valid and binding obligations of Altria, enforceable against Altria in accordance with their respective terms.

  
 The opinion set forth in paragraph 4 above as to
enforceability is subject to the effect of any applicable bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium or other laws affecting creditors’ rights generally and subject, as to enforceability, to general principles of
equity (regardless of whether enforcement is sought in a proceeding in equity or at law) and an implied covenant of good faith and fair dealing. 
  
 We express no opinion with respect to: 
  
 (A) The effect of any provision of the Credit Agreement which is intended to permit modification thereof only by means of an agreement in writing by the
parties thereto; 
  
 (B) The effect of any provision of the Credit
Agreement insofar as it provides that any Person purchasing a participation from a Lender or other Person may exercise set-off or similar rights with respect to such participation or that any Lender or other Person may exercise set-off or similar
rights other than in accordance with applicable law; 
  

 2 

 (C) The effect of any provision of the Credit Agreement imposing penalties or forfeitures; 
  
 (D) The enforceability of any provision of the Credit Agreement to the extent
that such provision constitutes a waiver of illegality as a defense to performance of contract obligations; or 
  
 (E) The effect of any provision of the Credit Agreement relating to indemnification or exculpation in connection with violations of any securities laws or
relating to indemnification, contribution or exculpation in connection with willful, reckless or criminal acts or gross negligence of the indemnified or exculpated Person or the Person receiving contribution. 
  
 In connection with the provisions of the Credit Agreement which relate to
forum selection (including, without limitation, any waiver of any objection to venue or any objection that a court is an inconvenient forum), we note that under NYCPLR § 510, a New York State court may have discretion to transfer the place of
trial, and under 28 U.S.C. § 1404(a), a United States District Court has discretion to transfer an action from one Federal court to another. 
  
 This opinion is being furnished to you pursuant to Section 3.01(e)(iii) of the Credit Agreement, is solely for the benefit of you and your counsel, and is
not intended for, and may not be relied upon by, any other person or entity without our prior written consent. We undertake no duty to inform you of events occurring subsequent to the date hereof. 
  

	
	Very truly yours,

  

 3 

 EXHIBIT E-2 - FORM OF 
 OPINION OF COUNSEL 
 FOR ALTRIA 
  
 [Effective
Date]                                       
      
  
 To each of the Lenders party 
     to the Credit Agreement referred to below 
  
 Altria Group, Inc. 
  
 Ladies and Gentlemen: 
  
 This opinion is furnished to you pursuant to Section 3.01(e)(iii) of the 364-Day Revolving Credit Agreement, dated as of April 15, 2005 (the
“Credit Agreement”), among Altria Group, Inc. (“Altria”), the Lenders party thereto and JPMorgan Chase Bank, N.A., as Administrative Agent, Citibank, N.A., as Administrative Agent, Credit Suisse First Boston, Cayman
Islands Branch and Deutsche Bank Securities Inc., as Syndication Agents, and ABN AMRO Bank N.V., BNP Paribas, HSBC Bank USA, National Association and UBS Securities LLC, as Arrangers and Documentation Agents for such Lenders. Terms defined in the
Credit Agreement are used herein as therein defined. 
  
 I have
acted as counsel for Altria in connection with the preparation, execution and delivery of the Credit Agreement. 
  
 In that connection, I have examined originals, or copies certified to my satisfaction, of such corporate records of Altria, certificates of public
officials and of officers of Altria, and agreements, instruments and other documents, as I have deemed relevant and necessary as a basis for the opinions expressed below. As to questions of fact material to such opinions, I have, when relevant facts
were not independently established by me, relied upon certificates of Altria or its officers or of public officials. 
  
 Based upon the foregoing and upon such investigation as I have deemed necessary, I am of the opinion that, to the best of my knowledge, (i) there is no
pending or threatened action or proceeding against Altria or any of its Subsidiaries before any court, governmental agency or arbitrator (a “Proceeding”) that purports to affect the legality, validity, binding effect or
enforceability of the Credit Agreement or the Notes, if any, or the consummation of the transactions contemplated thereby, and (ii) except for Proceedings disclosed in the Annual Report on Form 10-K of Altria for the fiscal year ended December 31,
2004, and any Current Reports on Form 8-K filed subsequent to December 31, 2004 but prior to April 15, 2005, or, with respect to Proceedings commenced after the date of the most recent such document but prior to April 15, 2005, a certificate
delivered to the Lenders and attached hereto, there are no Proceedings that are likely to have a materially adverse effect upon the financial position or results of operations of Altria and its Subsidiaries taken as a whole. 
  

	
	Very truly yours,

 EXHIBIT F - FORM OF 
 OPINION OF COUNSEL 
 FOR DESIGNATED SUBSIDIARY 
  
 [Effective
Date]                                       
              
  
 To each of the Lenders party 
     to the Credit Agreement referred to below 
  
 Altria Group, Inc. 
  
 Ladies and Gentlemen: 
  
 This opinion is furnished to you pursuant to Section 3.02(e) of the 364-Day Revolving Credit Agreement, dated as of April
15, 2005 (the “Credit Agreement”), among Altria Group, Inc. (“Altria”), the Lenders party thereto and JPMorgan Chase Bank, N.A., as Administrative Agent, Citibank, N.A., as Administrative Agent, Credit Suisse First
Boston, Cayman Islands Branch and Deutsche Bank Securities Inc., as Syndication Agents, and ABN AMRO Bank N.V., BNP Paribas, HSBC Bank USA, National Association and UBS Securities LLC, as Arrangers and Documentation Agents for such Lenders. Terms
defined in the Credit Agreement are used herein as therein defined. 
  
 We have acted as counsel for                      (the “Designated Subsidiary”) in connection with the preparation,
execution and delivery of the Designation Agreement. 
  
 In that
connection, we have examined the following documents: 
  
 (1) The Designation Agreement. 
  
 (2)
The Credit Agreement. 
  
 (3) The documents
furnished by the Designated Subsidiary pursuant to Article III of the Credit Agreement. 
  
 (4) The [Articles] [Certificate] of Incorporation of the Designated Subsidiary and all amendments thereto (the
“Charter”). 
  
 (5) The by-laws
of the Designated Subsidiary and all amendments thereto (the “By-laws”). 
  
 We have also examined the originals, or copies certified to our satisfaction, of such corporate records of the Designated Subsidiary, certificates of public officials and of officers of the Designated Subsidiary, and
agreements, instruments and other documents, as we have deemed relevant and necessary as a basis for the opinions expressed below. As to questions of fact material to such opinions, we have, when relevant facts were not independently established by
us, relied upon certificates of the Designated Subsidiary or its officers or of public officials. We have assumed the due execution and delivery, pursuant to due authorization, of the Credit Agreement by the Initial Lenders and JPMorgan Chase Bank,
N.A., as Administrative Agent, Citibank, N.A., as Administrative Agent, Credit Suisse First Boston, Cayman Islands Branch and 

 Deutsche Bank Securities Inc., as Syndication Agents, and ABN AMRO Bank N.V., BNP Paribas, HSBC Bank USA, National
Association and UBS Securities LLC, as Arrangers and Documentation Agents. 
  
 Based upon the foregoing and upon such investigation as we have deemed necessary, we are of the following opinion: 
  
 1. The Designated Subsidiary is a corporation duly organized, validly existing and in good standing under the laws of
                    . 
  
 2. The execution, delivery and performance by the Designated Subsidiary of the Designation Agreement, the Credit Agreement and the Notes
to be delivered by it, and the consummation of the transactions contemplated thereby, are within the Designated Subsidiary’s corporate powers, have been duly authorized by all necessary corporate action, and do not contravene (i) the Charter or
the By-laws or (ii) any law, rule or regulation applicable to the Designated Subsidiary (including, without limitation, Regulation X of the Board of Governors of the Federal Reserve System) or (iii) to our knowledge, any contractual restriction
binding on or affecting the Designated Subsidiary. The Designation Agreement, the Credit Agreement and the Notes delivered by the Designated Subsidiary on the date hereof have been duly executed and delivered on behalf of the Designated Subsidiary.

  
 3. No authorization, approval or other action
by, and no notice to or filing with, any governmental authority or regulatory body or any other third party is required for the due execution, delivery and performance by the Designated Subsidiary of the Designation Agreement, the Credit Agreement
and the Notes delivered by the Designated Subsidiary. 
  
 4. The Designation Agreement and the Credit Agreement are the legal, valid and binding obligations of the Designated Subsidiary enforceable against the Designated Subsidiary in accordance with their respective terms. The Notes issued on the
date hereof, if any, by the Designated Subsidiary are the legal, valid and binding obligations of the Designated Subsidiary, enforceable against the Designated Subsidiary in accordance with their respective terms. 
  
 5. There is, to the best of my knowledge, no pending or
threatened action or proceeding against the Designated Subsidiary or any of its Subsidiaries before any court, governmental agency or arbitrator that purport to affect the legality, validity, binding effect or enforceability of the Designation
Agreement, the Credit Agreement or any of the Notes delivered by the Designated Subsidiary or the consummation of the transactions contemplated thereby. 
  

 2 

 The opinion set forth in paragraph 4 above as to enforceability is subject to the effect of any
applicable bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium or other laws affecting creditors’ rights generally and subject, as to enforceability, to general principles of equity (regardless of whether enforcement is
sought in a proceeding in equity or at law) and an implied covenant of good faith and fair dealing. 
  

	
	Very truly yours,

  

 3 

 EXHIBIT G 
 FORM OF OPINION OF 
 COUNSEL FOR JPMORGAN CHASE, 
 AS ADMINISTRATIVE AGENT 
  
 [Letterhead of Simpson Thacher & Bartlett LLP] 
  
 [Effective
Date]                                       
                          
  
 JPMorgan Chase Bank, N.A. and Citibank, N.A., 
 as Administrative Agents

  
 The Lenders listed on Schedule I hereto 
     which are parties to the Credit Agreement 
     on the date hereof 
  

	Re:	364-Day Revolving Credit Agreement dated as 

 of April 15,
2005 (the “Credit Agreement”) 
 among Altria Group, Inc. (the “Company”), 
 and Credit Suisse First Boston, Cayman Islands 
 Branch and Deutsche Bank Securities Inc., as 
 Syndication Agents, and ABN AMRO Bank 
 N.V., BNP Paribas, HSBC Bank USA, 
 National
Association and UBS Securities LLC, 
 as Arrangers and Documentation Agents 
  
 Ladies and Gentlemen: 
  
 We have acted as counsel to JPMorgan Chase Bank, N.A., as Administrative Agent, in connection with the preparation, execution and delivery of the Credit
Agreement. 
  
 This opinion is delivered to you pursuant to
Section 3.01(e)(iv) of the Credit Agreement. Terms used herein which are defined in the Credit Agreement shall have the respective meanings set forth in the Credit Agreement, unless otherwise defined herein. 
  
 In connection with this opinion, we have examined a copy of the Credit
Agreement signed by the Company and by the Administrative Agents and the Lenders. 
  
 We also have examined the originals, or duplicates or certified or conformed copies, of such records, agreements, instruments and other documents and have made such other investigations as we have deemed relevant and
necessary in connection with the opinions expressed herein. As to questions of fact material to this opinion, we have relied upon certificates of public officials and of officers and representatives of the Company. In addition, 

 we have examined, and have relied as to matters of fact upon, the representations made in the Credit Agreement.

  
 In rendering the opinion set forth below, we have assumed the
genuineness of all signatures, the legal capacity of natural persons, the authenticity of all documents submitted to us as originals, the conformity to original documents of all documents submitted to us as duplicates or certified or conformed
copies, and the authenticity of the originals of such latter documents. 
  
 In rendering the opinion set forth below we have assumed that (1) the Credit Agreement is a valid and legally binding obligation of each of the Lenders party thereto, (2) the Company is duly organized and validly existing and in good
standing under the laws of the jurisdiction in which it is organized and of each other jurisdiction in which the conduct of its business or ownership of its property makes such qualification necessary, has the corporate power and authority to
execute, deliver and perform its obligations under the Credit Agreement and has duly authorized, executed and delivered the Credit Agreement in accordance with its Articles of Incorporation and By-laws or other similar organizational documents, and
(3)(a) execution, delivery and performance by the Company of the Credit Agreement do not contravene its Articles of Incorporation or By-laws or other similar organizational documents, (b) execution, delivery and performance by the Company of the
Credit Agreement do not violate, or require any consent not obtained under, the laws of the jurisdiction in which it is organized or any other applicable laws or regulations or any order, writ, injunction or decree of any court or other governmental
authority binding on the Company, and (c) execution, delivery and performance by the Company of the Credit Agreement do not constitute a breach or violation of, or require any consent not obtained under, any agreement or instrument which is binding
upon the Company. 
  
 Based upon and subject to the foregoing, and
subject to the qualifications and limitations set forth herein, we are of the opinion that the Credit Agreement constitutes the valid and legally binding obligation of the Company, enforceable against the Company in accordance with its terms.

  
 Our opinion set forth above is subject to (i) the effects of
bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and other similar laws relating to or affecting creditors’ rights generally, (ii) general equitable principles (whether considered in a proceeding in equity or at law)
and (iii) an implied covenant of good faith and fair dealing. 
  
 We express no opinion with respect to: 
  
 (A) the
effect of any provision of the Credit Agreement which is intended to permit modification thereof only by means of an agreement in writing by the parties thereto; 
  
 (B) the effect of any provision of the Credit Agreement insofar as it provides that any Person purchasing a participation
from a Lender or other Person may exercise set-off or similar rights with respect to such participation or that any Lender or other Person may exercise set-off or similar rights other than in accordance with applicable law; 
  
 (C) the effect of any provision of the Credit Agreement imposing penalties or
forfeitures; 
  

 2 

 (D) the enforceability of any provision of the Credit Agreement to the extent that such provision
constitutes a waiver of illegality as a defense to performance of contract obligations; or 
  
 (E) the effect of any provision of the Credit Agreement relating to indemnification or exculpation in connection with violations of any securities laws or relating to indemnification, contribution or exculpation in
connection with willful, reckless or criminal acts or gross negligence of the indemnified or exculpated Person or the Person receiving contribution. 
  
 In connection with the provisions of the Credit Agreement which relate to forum selection (including, without limitation, any waiver of any objection to
venue or any objection that a court is an inconvenient forum), we note that under NYCPLR § 510, a New York State court may have discretion to transfer the place of trial, and under 28 U.S.C. § 1404(a), a United States District Court has
discretion to transfer an action from one Federal court to another. 
  
 We are members of the Bar of the State of New York, and we do not express any opinion herein concerning any law other than the law of the State of New York and the Federal law of the United States. 
  
 This opinion letter is rendered to you in connection with the above-described
transaction. This opinion letter may not be relied upon by you for any other purpose, or relied upon by, or furnished to, any other person, firm or corporation without our prior written consent. This opinion letter may be furnished to, but may not
be relied upon by, a regulatory authority entitled to receive it. 
  

	
	Very truly yours,

  

 3$4.0 Billion 5-Year Revolving Credit Agreement

 Exhibit 10.2 
  
 U.S.$4,000,000,000 
  
 5-YEAR REVOLVING CREDIT AGREEMENT 
  
 Dated as of April 15, 2005 
  
 Among 
  
 ALTRIA GROUP, INC. 
  
 and 
  
 THE INITIAL LENDERS
NAMED HEREIN 
  
 and 
  
 JPMORGAN CHASE BANK, N.A. 
  
 and 
  
 CITIBANK, N.A. 
  
 as Administrative Agents 
  
 and 
  
 CREDIT SUISSE FIRST BOSTON, CAYMAN ISLANDS BRANCH 
  
 and 
  
 DEUTSCHE BANK SECURITIES INC. 
  
 as
Syndication Agents 
  
 and 
  
 ABN AMRO BANK N.V. 
  
 and 
  
 BNP PARIBAS 
  
 and 
  
 HSBC BANK USA, NATIONAL ASSOCIATION 
  
 and 
  
 UBS SECURITIES
LLC 
  
 as Arrangers and
Documentation Agents 
  
 * * * * * * * * * *

  
 J.P. MORGAN SECURITIES INC., CITIGROUP GLOBAL MARKETS INC.,

 CREDIT SUISSE FIRST BOSTON, CAYMAN ISLANDS BRANCH and DEUTSCHE 
 BANK SECURITIES INC. 
  
 as Joint Lead Arrangers and Bookrunners 

 Table of Contents 
  

					
	 	  	 	  	Page

	ARTICLE I	  	DEFINITIONS AND ACCOUNTING TERMS	  	1
			
	Section 1.01.	  	Certain Defined Terms	  	1
			
	Section 1.02.	  	Computation of Time Periods	  	12
			
	Section 1.03.	  	Accounting Terms	  	12
			
	ARTICLE II	  	AMOUNTS AND TERMS OF THE ADVANCES	  	13
			
	Section 2.01.	  	The Pro Rata Advances	  	13
			
	Section 2.02.	  	Making the Pro Rata Advances	  	13
			
	Section 2.03.	  	Repayment of Pro Rata Advances	  	15
			
	Section 2.04.	  	Interest on Pro Rata Advances	  	15
			
	Section 2.05.	  	Additional Interest on LIBO Rate Advances	  	16
			
	Section 2.06.	  	Conversion of Pro Rata Advances	  	16
			
	Section 2.07.	  	The Competitive Bid Advances	  	17
			
	Section 2.08.	  	LIBO Rate Determination	  	21
			
	Section 2.09.	  	Fees	  	22
			
	Section 2.10.	  	Termination or Reduction of the Commitments	  	23
			
	Section 2.11.	  	Prepayments	  	23
			
	Section 2.12.	  	Increased Costs	  	24
			
	Section 2.13.	  	Illegality	  	25
			
	Section 2.14.	  	Payments and Computations	  	25
			
	Section 2.15.	  	Taxes	  	27
			
	Section 2.16.	  	Sharing of Payments, Etc.	  	29
			
	Section 2.17.	  	Evidence of Debt	  	29
			
	Section 2.18.	  	Use of Proceeds	  	30
			
	ARTICLE III	  	CONDITIONS TO EFFECTIVENESS AND LENDING	  	30
			
	Section 3.01.	  	Conditions Precedent to Effectiveness	  	30
			
	Section 3.02.	  	Initial Advance to Each Designated Subsidiary	  	32
			
	Section 3.03.	  	Conditions Precedent to Each Pro Rata Borrowing	  	33
			
	Section 3.04.	  	Conditions Precedent to Each Competitive Bid Borrowing	  	33

  

 i 

 Table of Contents 
 (continued) 
  

					
	 	  	 	  	Page

	ARTICLE IV	  	REPRESENTATIONS AND WARRANTIES	  	34
			
	Section 4.01.	  	Representations and Warranties of Altria	  	34
			
	ARTICLE V	  	COVENANTS OF ALTRIA	  	36
			
	Section 5.01.	  	Affirmative Covenants	  	36
			
	Section 5.02.	  	Negative Covenants	  	38
			
	ARTICLE VI	  	EVENTS OF DEFAULT	  	39
			
	Section 6.01.	  	Events of Default	  	39
			
	Section 6.02.	  	Lenders’ Rights upon Event of Default	  	41
			
	ARTICLE VII	  	THE ADMINISTRATIVE AGENTS	  	42
			
	Section 7.01.	  	Authorization and Action	  	42
			
	Section 7.02.	  	Administrative Agents’ Reliance, Etc.	  	42
			
	Section 7.03.	  	JPMorgan Chase, Citibank and Affiliates	  	43
			
	Section 7.04.	  	Lender Credit Decision	  	43
			
	Section 7.05.	  	Indemnification	  	43
			
	Section 7.06.	  	Successor Administrative Agents	  	44
			
	Section 7.07.	  	Syndication Agents and Arrangers and Documentation Agents	  	44
			
	ARTICLE VIII	  	GUARANTY	  	44
			
	Section 8.01.	  	Guaranty	  	44
			
	Section 8.02.	  	Guaranty Absolute	  	45
			
	Section 8.03.	  	Waivers	  	45
			
	Section 8.04.	  	Continuing Guaranty	  	46
			
	ARTICLE IX	  	MISCELLANEOUS	  	46
			
	Section 9.01.	  	Amendments, Etc.	  	46
			
	Section 9.02.	  	Notices, Etc.	  	47
			
	Section 9.03.	  	No Waiver; Remedies	  	48
			
	Section 9.04.	  	Costs and Expenses	  	48
			
	Section 9.05.	  	Right of Set-Off	  	49

  

 ii 

 Table of Contents 
 (continued) 
  

					
	 	  	 	  	Page

	Section 9.06.	  	Binding Effect	  	50
			
	Section 9.07.	  	Assignments and Participations	  	50
			
	Section 9.08.	  	Designated Subsidiaries	  	53
			
	Section 9.09.	  	Governing Law	  	53
			
	Section 9.10.	  	Execution in Counterparts	  	53
			
	Section 9.11.	  	Jurisdiction, Etc.	  	54
			
	Section 9.12.	  	Confidentiality	  	55
			
	Section 9.13.	  	Integration	  	55
			
	Section 9.14.	  	USA Patriot Act Notice	  	55

  

					
	 SCHEDULE

			
	Schedule I	  	-	  	List of Applicable Lending Offices
	Schedule II	  	-	  	Certain Subsidiary Information
	
	EXHIBITS
			
	Exhibit A-1	  	-	  	Form of Pro Rata Note
	Exhibit A-2	  	-	  	Form of Competitive Bid Note
	Exhibit B-1	  	-	  	Form of Notice of Pro Rata Borrowing
	Exhibit B-2	  	-	  	Form of Notice of Competitive Bid Borrowing
	Exhibit C	  	-	  	Form of Assignment and Acceptance
	Exhibit D	  	-	  	Form of Designation Agreement
	Exhibit E-1	  	-	  	Form of Opinion of Counsel for Altria
	Exhibit E-2	  	-	  	Form of Opinion of Counsel for Altria
	Exhibit F	  	-	  	Form of Opinion of Counsel for Designated Subsidiary
	Exhibit G	  	-	  	Form of Opinion of Counsel for JPMorgan Chase, as Administrative Agent

  

 iii 

 5-YEAR REVOLVING CREDIT AGREEMENT 
  
 Dated as of April 15, 2005 
  
 ALTRIA GROUP, INC., a Virginia corporation (“Altria”), the banks, financial institutions and other institutional lenders (the
“Initial Lenders”) listed on the signature pages hereof, and JPMORGAN CHASE BANK, N.A. (“JPMorgan Chase”) and CITIBANK, N.A. (“Citibank”), as administrative agents (each, in such capacity, an
“Administrative Agent”), CREDIT SUISSE FIRST BOSTON, CAYMAN ISLANDS BRANCH and DEUTSCHE BANK SECURITIES INC., as syndication agents (each, in such capacity, a “Syndication Agent”) and ABN AMRO BANK N.V., BNP
PARIBAS, HSBC BANK USA, NATIONAL ASSOCIATION AND UBS SECURITIES LLC, as arrangers and documentation agents (each, in such capacity, an “Arranger and Documentation Agent”) for the Lenders (as hereinafter defined), agree as follows:

  
 ARTICLE I 
  
 DEFINITIONS AND ACCOUNTING TERMS 
  
 Section 1.01. Certain Defined Terms. As used in this Agreement, the
following terms shall have the following meanings (such meanings to be equally applicable to both the singular and plural forms of the terms defined): 
  
 “Advance” means a Pro Rata Advance or a Competitive Bid Advance. 
  
 “Agents” means each Administrative Agent,
each Syndication Agent and each Arranger and Documentation Agent. 
  
 “Applicable Facility Fee Rate” means, for any period, a percentage per annum equal to the percentage set forth below determined by reference to the higher of (i) the rating of Altria’s long-term
senior unsecured Debt from Standard & Poor’s and (ii) the rating of Altria’s long-term senior unsecured Debt from Moody’s, in each case in effect from time to time during such period: 
  

				
	 Long-Term Senior Unsecured Debt Rating

	  	Applicable Facility Fee Rate

	 
	 AA- and Aa3 or higher
	  	0.0600	%
	 A- and A3 or higher, but lower than AA- and Aa3
	  	0.0750	%
	 BBB and Baa2 or higher, but lower than A- and A3
	  	0.1250	%
	 Lower than BBB and Baa2
	  	0.1500	%

  
 provided that
if no rating is available on any date of determination from Moody’s and Standard & Poor’s or any other nationally recognized statistical rating organization 

 
designated by Altria and approved in writing by the Required Lenders, the Applicable Facility Fee Rate shall be 0.1500%. 
  
 “Applicable Interest Rate Margin” means for
any Interest Period a percentage per annum equal to the percentage set forth below determined by reference to the higher of (i) the rating of Altria’s long-term senior unsecured Debt from Standard & Poor’s and (ii) the rating of
Altria’s long-term senior unsecured Debt from Moody’s, in each case from time to time during such Interest Period: 
  

				
	 Long-Term Senior Unsecured Debt Rating

	  	Applicable Interest Rate Margin

	 
	 AA- and Aa3 or higher
	  	0.1150	%
	 A- and A3 or higher, but lower than AA- and Aa3
	  	0.1750	%
	 BBB and Baa2 or higher, but lower than A- and A3
	  	0.3750	%
	 Lower than BBB and Baa2
	  	0.5500	%

  
 provided that
if no rating is available on any date of determination from Moody’s and Standard & Poor’s or any other nationally recognized statistical rating organization designated by Altria and approved in writing by the Required Lenders, the
Applicable Interest Rate Margin shall be 0.5500%; and provided, further, that for any day during any Interest Period that the aggregate amount of Advances outstanding under this Agreement and the 364-Day Facility exceeds 50% of the
aggregate amount of Commitments under this Agreement and commitments under the 364-Day Facility, the Applicable Interest Rate Margin shall be increased by 0.1000% per annum. 
  
 “Applicable Lending Office” means, with respect to each Lender, such Lender’s Domestic
Lending Office in the case of a Pro Rata Advance and, in the case of a Competitive Bid Advance, the office of such Lender notified by such Lender to JPMorgan Chase, as Administrative Agent, as its Applicable Lending Office with respect to such
Competitive Bid Advance. 
  
 “Assignment
and Acceptance” means an assignment and acceptance entered into by a Lender and an Eligible Assignee, and accepted by JPMorgan Chase, as Administrative Agent, in substantially the form of Exhibit C hereto. 
  
 “Base Rate” means a fluctuating interest
rate per annum in effect from time to time, which rate per annum shall at all times be equal to the higher of: 
  
 (i) the rate of interest announced publicly by JPMorgan Chase in New York, New York, from time to time, as JPMorgan Chase’s prime
rate; and 
  
 (ii) 1/2 of one percent per annum
above the Federal Funds Effective Rate. 
  

 2 

 “Base Rate Advance” means a Pro Rata Advance that bears interest as
provided in Section 2.04(a)(i). 
  
 “Board” means the Board of Governors of the Federal Reserve System of the United States (or any successor). 
  
 “Borrowers” means, collectively, Altria and each Designated Subsidiary that shall become a party to this Agreement
pursuant to Section 9.08. 
  
 “Borrowing” means a Pro Rata Borrowing or a Competitive Bid Borrowing. 
  
 “Business Day” means a day of the year on which banks are not required or authorized by law to close in New York City
and, if the applicable Business Day relates to any LIBO Rate Advances or Floating Rate Bid Advances, on which dealings are carried on in the London interbank market and banks are open for business in London. 
  
 “Commitment” means as to any Lender (i) the
Dollar amount set forth opposite such Lender’s name on the signature pages hereof or (ii) if such Lender has entered into an Assignment and Acceptance, the Dollar amount set forth for such Lender in the Register maintained by JPMorgan Chase, as
Administrative Agent, pursuant to Section 9.07(d), in each case as such amount may be reduced pursuant to Section 2.10. 
  
 “Competitive Bid Advance” means an advance by a Lender to any Borrower as part of a Competitive Bid Borrowing resulting
from the competitive bidding procedure described in Section 2.07 and refers to a Fixed Rate Bid Advance or a Floating Rate Bid Advance. 
  
 “Competitive Bid Borrowing” means a borrowing consisting of simultaneous Competitive Bid Advances from each of the
Lenders whose offer to make one or more Competitive Bid Advances as part of such borrowing has been accepted under the competitive bidding procedure described in Section 2.07. 
  
 “Competitive Bid Note” means a promissory note of any Borrower payable to the order of any
Lender, in substantially the form of Exhibit A-2 hereto, evidencing the indebtedness of such Borrower to such Lender resulting from a Competitive Bid Advance made by such Lender to such Borrower. 
  
 “Competitive Bid Reduction” has the meaning
specified in Section 2.01. 
  
 “Consolidated EBITDA” means, for any accounting period, the consolidated net earnings (or loss) of Altria and its Subsidiaries plus, without duplication and to the extent included as a separate item on Altria’s
consolidated statements of earnings or consolidated statements of cash flows in the case of clauses (a) through (e) for such period, the sum of (a) provision for income taxes, (b) interest and other debt expense, net, (c) depreciation expense, (d)
amortization of intangibles, (e) any extraordinary, unusual or non-recurring expenses or losses or any similar expense or loss subtracted from “Gross 
  

 3 

 profit” in the calculation of “Operating income” and (f) the portion of loss included on
Altria’s consolidated statements of earnings of any Person (other than a Subsidiary of Altria) in which Altria or any of its Subsidiaries has an ownership interest and any cash that is actually received by Altria or such Subsidiary from such
Person in the form of dividends or similar distributions, and minus, without duplication, the sum of (x) to the extent included as a separate item on Altria’s consolidated statements of earnings for such period, any extraordinary,
unusual or non-recurring income or gains or any similar income or gain added to “Gross profit” in the calculation of “Operating income,” and (y) the portion of income included on Altria’s consolidated statements of earnings
of any Person (other than a Subsidiary of Altria) in which Altria or any of its Subsidiaries has an ownership interest, except to the extent that any cash is actually received by Altria or such Subsidiary from such Person in the form of dividends or
similar distributions, all as determined on a consolidated basis in accordance with accounting principles generally accepted in the United States for such period, except that if there has been a material change in an accounting principle as compared
to that applied in the preparation of the financial statements of Altria and its Subsidiaries as at and for the year ended December 31, 2004, then such new accounting principle shall not be used in the determination of Consolidated EBITDA. A
material change in an accounting principle is one that, in the year of its adoption, changes Consolidated EBITDA for any quarter in such year by more than 10%. 
  

“Consolidated Interest Expense” means, for any accounting period, total interest expense of Altria and its
Subsidiaries with respect to all outstanding Debt of Altria and its Subsidiaries during such period, all as determined on a consolidated basis for such period and in accordance with accounting principles generally accepted in the United States for
such period, except that if there has been a material change in an accounting principle as compared to that applied in the preparation of the financial statements of Altria and its Subsidiaries as at and for the year ended December 31, 2004, then
such new accounting principle shall not be used in the determination of Consolidated Interest Expense. A material change in an accounting principle is one that, in the year of its adoption, changes Consolidated Interest Expense for any quarter in
such year by more than 10%. 
  
 “Consolidated Tangible Assets” means the total assets appearing on a consolidated balance sheet of Altria and its Subsidiaries (as reduced by the total assets appearing on the consolidated balance sheet of Kraft Foods Inc.
and its Subsidiaries), less goodwill and other intangible assets and the minority interests of other Persons in such Subsidiaries (as reduced by the goodwill and other intangible assets of Kraft Foods Inc. and its Subsidiaries and the minority
interests of other Persons in such Subsidiaries), all as determined in accordance with accounting principles generally accepted in the United States, except that if there has been a material change in an accounting principle as compared to that
applied in the preparation of the financial statements of Altria and its Subsidiaries as at and for the year ended December 31, 2004, then such new accounting principle shall not be used in the determination of Consolidated Tangible Assets. A
material change in an accounting principle is one that, in the year of its adoption, changes Consolidated Tangible Assets at any quarter in such year by more than 10%. 
  

 4 

 “Convert,” “Conversion” and
“Converted” each refers to a conversion of Pro Rata Advances of one Type into Pro Rata Advances of the other Type pursuant to Section 2.06, 2.08 or 2.13. 
  
 “Debt” means, without duplication, (a) indebtedness for borrowed money or for the deferred
purchase price of property or services, whether or not evidenced by bonds, debentures, notes or similar instruments, (b) obligations as lessee under leases that, in accordance with accounting principles generally accepted in the United States, are
recorded as capital leases, (c) obligations as an account party or applicant under letters of credit (other than trade letters of credit incurred in the ordinary course of business) to the extent such letters of credit are drawn and not reimbursed
within five Business Days of such drawing, (d) the aggregate principal (or equivalent) amount of financing raised through outstanding securitization financings of accounts receivable, and (e) obligations under direct or indirect guaranties in
respect of, and obligations (contingent or otherwise) to purchase or otherwise acquire, or otherwise to assure a creditor against loss (including by way of (i) granting a security interest or other Lien on property or (ii) having a reimbursement
obligation under or in respect of a letter of credit or similar arrangement (to the extent such letter of credit is not collateralized by assets (other than Operating Assets) having a fair value equal to the amount of such reimbursement obligation),
in either case in respect of, indebtedness or obligations of any other Person of the kinds referred to in clause (a), (b), (c) or (d) above). For the avoidance of doubt, the following shall not constitute “Debt” for purposes of this
Agreement: (A) any obligation that is fully non-recourse to Altria or any of its Subsidiaries, (B) intercompany debt of Altria or any of its Subsidiaries, (C) any appeal bond or other arrangement to secure a stay of execution on a judgment or order,
provided that any such appeal bond or other arrangement issued by a third party in connection with such arrangement shall constitute Debt to the extent Altria or any of its Subsidiaries has a reimbursement obligation to such third party that is not
collateralized by assets (other than Operating Assets) having a fair value equal to the amount of such reimbursement obligation, (D) unpaid judgments, or (E) defeased indebtedness. 
  
 “Default” means any event specified in Section 6.01 that would constitute an Event of
Default but for the requirement that notice be given or time elapse or both. 
  
 “Designated Subsidiary” means any wholly-owned Subsidiary of Altria designated for borrowing privileges under this Agreement pursuant to Section 9.08. 
  
 “Designation Agreement” means, with respect
to any Designated Subsidiary, an agreement in the form of Exhibit D hereto signed by such Designated Subsidiary and Altria. 
  
 “Dollars” and the “$” sign each means lawful currency of the United States of America. 
  

 5 

 “Domestic Lending Office” means, with respect to any Lender, the office
of such Lender specified as its “Domestic Lending Office” opposite its name on Schedule I hereto or in the Assignment and Acceptance pursuant to which it became a Lender, or such other office of such Lender as such Lender may from time to
time specify to Altria and JPMorgan Chase, as Administrative Agent. 
  
 “Earnings Before Income Taxes” means, for any accounting period, income or loss from continuing operations for such period, as determined in accordance with accounting principles generally accepted in
the United States, plus total federal, state and foreign income taxes which have been included in the determination of earnings or losses from continuing operations for such period in accordance with accounting principles generally accepted in the
United States and amounts which, in the determination of earnings or losses from continuing operations for such period, have been deducted for the items referred to in the definition of the term “Fixed Charges,” except that if there has
been a material change in an accounting principle as compared to that applied in the preparation of the financial statements of Altria and its Subsidiaries as at and for the year ended December 31, 2004, then such new accounting principle shall not
be used in the determination of Earnings Before Income Taxes. A material change in an accounting principle is one that, in the year of its adoption, changes Earnings Before Income Taxes or Fixed Charges for any quarter in such year by more than 10%.

  
 “Effective Date” has the
meaning specified in Section 3.01. 
  
 “Eligible Assignee” means (i) a commercial bank organized under the laws of the United States, or any State thereof, and having total assets in excess of $5,000,000,000; (ii) a commercial bank organized under the laws of
any other country which is a member of the Organization for Economic Cooperation and Development (or any successor) (“OECD”), or a political subdivision of any such country, and having total assets in excess of $5,000,000,000,
provided that such bank is acting through a branch or agency located in the country in which it is organized or another country which is also a member of the OECD or the Cayman Islands; (iii) the central bank of any country which is a member of the
OECD; (iv) a commercial finance company or finance Subsidiary of a corporation organized under the laws of the United States, or any State thereof, and having total assets in excess of $3,000,000,000; (v) an insurance company organized under the
laws of the United States, or any State thereof, and having total assets in excess of $5,000,000,000; (vi) any Lender; (vii) an affiliate of any Lender; and (viii) any other bank, commercial finance company, insurance company or other Person
approved in writing by Altria, which approval shall be notified to JPMorgan Chase, as Administrative Agent. 
  
 “ERISA” means the Employee Retirement Income Security Act of 1974, as amended from time to time, and the regulations
promulgated and rulings issued thereunder. 
  

 6 

 “ERISA Affiliate” means any Person that for purposes of Title IV of
ERISA is a member of any Borrower’s controlled group, or under common control with any Borrower, within the meaning of Section 414 of the Internal Revenue Code. 
  
 “ERISA Event” means (a) (i) the occurrence with respect to a Plan of a reportable event,
within the meaning of Section 4043 of ERISA, unless the 30-day notice requirement with respect thereto has been waived by the Pension Benefit Guaranty Corporation (or any successor) (“PBGC”), or (ii) the requirements of subsection
(1) of Section 4043(b) of ERISA (without regard to subsection (2) of such section) are met with respect to a contributing sponsor, as defined in Section 4001(a)(13) of ERISA, of a Plan, and an event described in paragraph (9), (10), (11), (12) or
(13) of Section 4043(c) of ERISA is reasonably expected to occur with respect to such Plan within the following 30 days; (b) the application for a minimum funding waiver with respect to a Plan; (c) the provision by the administrator of any Plan of a
notice of intent to terminate such Plan, pursuant to Section 4041(a)(2) of ERISA (including any such notice with respect to a plan amendment referred to in Section 4041(e) of ERISA); (d) the cessation of operations at a facility of any Borrower or
Altria or any of their ERISA Affiliates in the circumstances described in Section 4062(e) of ERISA; (e) the withdrawal by any Borrower or Altria or any of their ERISA Affiliates from a Multiple Employer Plan during a plan year for which it was a
substantial employer, as defined in Section 4001(a)(2) of ERISA; (f) the conditions set forth in Section 302(f)(1)(A) and (B) of ERISA to the creation of a lien upon property or rights to property of any Borrower or Altria or any of their ERISA
Affiliates for failure to make a required payment to a Plan are satisfied; (g) the adoption of an amendment to a Plan requiring the provision of security to such Plan, pursuant to Section 307 of ERISA; or (h) the termination of a Plan by the PBGC
pursuant to Section 4042 of ERISA, or the occurrence of any event or condition described in Section 4042 of ERISA that constitutes grounds for the termination of, or the appointment of a trustee to administer, a Plan. 
  
 “Eurocurrency Liabilities” has the meaning
assigned to that term in Regulation D of the Board, as in effect from time to time. 
  
 “Eurocurrency Lending Office” means, with respect to any Lender, the office of such Lender specified as its
“Eurocurrency Lending Office” opposite its name on Schedule I hereto or in the Assignment and Acceptance pursuant to which it became a Lender (or, if no such office is specified, its Domestic Lending Office), or such other office of such
Lender as such Lender may from time to time specify to Altria and JPMorgan Chase, as Administrative Agent. 
  
 “Eurocurrency Rate Reserve Percentage” for any Interest Period, for all LIBO Rate Advances or Floating Rate Bid Advances
comprising part of the same Borrowing, means, the reserve percentage applicable two Business Days before the first day of such Interest Period under regulations issued from time to time by the Board for determining the maximum reserve requirement
(including, without limitation, any emergency, supplemental or other marginal reserve requirement) for a member bank of the Federal 
  

 7 

 Reserve System in New York City with respect to liabilities or assets consisting of or including
Eurocurrency Liabilities (or with respect to any other category of liabilities that includes deposits by reference to which the interest rate on LIBO Rate Advances or Floating Rate Bid Advances is determined) having a term equal to such Interest
Period. 
  
 “Event of Default”
has the meaning specified in Section 6.01. 
  
 “Existing Loan Agreement” means Altria’s existing U.S.$5,000,000,000 5-Year Revolving Credit Agreement dated as of July 24, 2001. 
  
 “Federal Bankruptcy Code” means the Bankruptcy Reform Act of 1978, as amended from time to
time. 
  
 “Federal Funds Effective
Rate” means, for any period, a fluctuating interest rate per annum equal, for each day during such period, to the weighted average of the rates on overnight Federal funds transactions with members of the Federal Reserve System arranged by
Federal funds brokers, as published for such day (or, if such day is not a Business Day, for the next preceding Business Day) on Telerate Page 120 (or any successor page), or, if such rate is not so published for any day that is a Business Day, the
average of the quotations for such day on such transactions received by JPMorgan Chase, as Administrative Agent, from three Federal funds brokers of recognized standing selected by it. 
  
 “Fixed Charges” means, for any accounting period, the sum of (a) interest, whether expensed
or capitalized, in respect of any Debt outstanding during such period, plus (b) amortization of debt expense and discount or premium relating to any Debt outstanding during such period, whether expensed or capitalized, plus (c) such
portion of rental expense as can be demonstrated to be representative of the interest factor in the particular case, all as to be applicable to continuing operations and determined in accordance with accounting principles generally accepted in the
United States, except that if there has been a material change in an accounting principle as compared to that applied in the preparation of the financial statements of Altria as at and for the year ended December 31, 2004, then such new accounting
principle shall not be used in the determination of Fixed Charges. A material change in an accounting principle is one that, in the year of its adoption, changes Earnings Before Income Taxes or Fixed Charges for any quarter in such year by more than
10%. 
  
 “Fixed Rate Bid
Advance” means a Competitive Bid Advance bearing interest based on a fixed rate per annum as specified in the relevant Notice of Competitive Bid Borrowing. 
  
 “Floating Rate Bid Advance” means a Competitive Bid Advance bearing interest at a rate of
interest quoted as a margin over the LIBO Rate as specified in the relevant Notice of Competitive Bid Borrowing. 
  

 8 

 “Home Jurisdiction Withholding Taxes” means (a) in the case of Altria,
withholding for United States income taxes, United States back-up withholding taxes and United States withholding taxes and (b) in the case of a Designated Subsidiary, withholding taxes imposed by the jurisdiction under the laws of which such
Designated Subsidiary is organized or any political subdivision thereof. 
  
 “Interest Period” means, for each LIBO Rate Advance comprising part of the same Pro Rata Borrowing and each Floating Rate Bid Advance comprising part of the same Competitive Bid Borrowing, the period
commencing on the date of such LIBO Rate Advance or Floating Rate Bid Advance or the date of Conversion of any Base Rate Advance into such LIBO Rate Advance and ending on the last day of the period selected by the Borrower requesting such Borrowing
pursuant to the provisions below. The duration of each such Interest Period shall be one, two, three or six months, or, if available to all Lenders, nine or twelve months, as such Borrower may select upon notice received by JPMorgan Chase, as
Administrative Agent, not later than 11:00 A.M. (New York City time) on the third Business Day prior to the first day of such Interest Period; provided, however, that: 
  
 (a) such Borrower may not select any Interest Period that ends after the Termination Date; 
  
 (b) whenever the last day of any Interest Period would
otherwise occur on a day other than a Business Day, the last day of such Interest Period shall be extended to occur on the next succeeding Business Day, provided that if such extension would cause the last day of such Interest Period to occur
in the next following calendar month, the last day of such Interest Period shall occur on the immediately preceding Business Day; and 
  
 (c) whenever the first day of any Interest Period occurs on a day of an initial calendar month for which there is no numerically
corresponding day in the calendar month that succeeds such initial calendar month by the number of months equal to the number of months in such Interest Period, such Interest Period shall end on the last Business Day of such succeeding calendar
month. 
  
 “Internal Revenue
Code” means the Internal Revenue Code of 1986, as amended from time to time, and the regulations promulgated and the rulings issued thereunder. 
  
 “JPMorgan Chase’s Administrative Agent Account” means (a) the account of JPMorgan Chase, as Administrative Agent,
maintained by JPMorgan Chase, as Administrative Agent, at its office at 1111 Fannin, Houston, Texas 77002, Account No. 323243088, Attention: Leah Hughes, or (b) such other account of JPMorgan Chase, as Administrative Agent, as is designated in
writing from time to time by JPMorgan Chase, as Administrative Agent, to Altria and the Lenders for such purpose. 
  
 “Lenders” means the Initial Lenders and their respective successors and permitted assignees. 
  

 9 

 “LIBO Rate” means an interest rate per annum equal to either:

  
 (a) the offered rate per annum at which
deposits in Dollars appear on Telerate Page 3750 (or any successor page) as of 11:00 A.M. (London time) two Business Days before the first day of such Interest Period, or 
  
 (b) if the LIBO Rate does not appear on Telerate Page 3750 (or any successor page), then the LIBO Rate will
be determined by taking the average (rounded upward to the nearest whole multiple of 1/16 of 1% per annum, if such average is not such a multiple) of the rates per annum at which deposits in Dollars are offered by the principal office of each of the
Reference Banks in London, England to prime banks in the London interbank market at 11:00 A.M. (London time) two Business Days before the first day of such Interest Period for an amount substantially equal to the amount that would be the Reference
Banks’ respective ratable shares of such Borrowing outstanding during such Interest Period and for a period equal to such Interest Period, as determined by JPMorgan Chase, as Administrative Agent, subject, however, to the
provisions of Section 2.08. 
  
 “LIBO
Rate Advance” means a Pro Rata Advance that bears interest as provided in Section 2.04(a)(ii). 
  
 “Lien” has the meaning specified in Section 5.02(a). 
  
 “Major Subsidiary” means any Subsidiary (except Kraft Foods Inc. and any of its
Subsidiaries) (a) more than 50% of the voting securities of which is owned directly or indirectly by Altria, (b) which is organized and existing under, or has its principal place of business in, the United States or any political subdivision
thereof, Canada or any political subdivision thereof, any country which is a member of the European Union on the date hereof (other than Greece, Portugal or Spain) or any political subdivision thereof, or Switzerland, Norway or Australia or any of
their respective political subdivisions, and (c) which has at any time total assets (after intercompany eliminations) exceeding $1,000,000,000. 
  
 “Margin Stock” means margin stock, as such term is defined in Regulation U. 
  
 “Multiemployer Plan” means a multiemployer
plan, as defined in Section 4001(a)(3) of ERISA, to which any Borrower or any ERISA Affiliate is making or accruing an obligation to make contributions, or has within any of the preceding five plan years made or accrued an obligation to make
contributions, such plan being maintained pursuant to one or more collective bargaining agreements. 
  
 “Multiple Employer Plan” means a single employer plan, as defined in Section 4001(a)(15) of ERISA, that (a) is maintained
for employees of any Borrower or any ERISA Affiliate and at least one Person other than such Borrower and the ERISA Affiliates or (b) was so maintained and in respect of which such Borrower or any ERISA 

  

 10 

 
Affiliate could have liability under Section 4064 or 4069 of ERISA in the event such plan has been or were to be terminated. 
  
 “Note” means a Pro Rata Note or a
Competitive Bid Note. 
  
 “Notice of
Competitive Bid Borrowing” has the meaning specified in Section 2.07(b). 
  
 “Notice of Pro Rata Borrowing” has the meaning specified in Section 2.02(a). 
  
 “Obligations” has the meaning specified in
Section 8.01. 
  
 “Operating
Assets” means, for any accounting period, any assets included in the consolidated balance sheet of Altria and its Subsidiaries as “Inventories,” or “Property, plant and equipment” or “Receivables” for such
period. 
  
 “Other Taxes” has
the meaning specified in Section 2.15(b). 
  
 “Person” means an individual, partnership, corporation (including a business trust), joint stock company, trust, unincorporated association, joint venture, limited liability company or other entity, or a government or any
political subdivision or agency thereof. 
  
 “Plan” means a Single Employer Plan or a Multiple Employer Plan. 
  
 “Pro Rata Advance” means an advance by a Lender to any Borrower as part of a Pro Rata Borrowing and refers to a Base Rate
Advance or a LIBO Rate Advance (each of which shall be a “Type” of Pro Rata Advance). 
  
 “Pro Rata Borrowing” means a borrowing consisting of simultaneous Pro Rata Advances of the same Type made by each of the
Lenders pursuant to Section 2.01. 
  
 “Pro Rata Note” means a promissory note of any Borrower payable to the order of any Lender, delivered pursuant to a request made under Section 2.17 in substantially the form of Exhibit A-1 hereto, evidencing the aggregate
indebtedness of such Borrower to such Lender resulting from the Pro Rata Advances made by such Lender to such Borrower. 
  
 “Reference Banks” means JPMorgan Chase, Citibank, Credit Suisse First Boston, Cayman Islands Branch and Deutsche Bank AG
New York Branch. 
  
 “Register”
has the meaning specified in Section 9.07(d). 
  
 “Regulation A” means Regulation A of the Board, as in effect from time to time. 
  
 “Regulation U” means Regulation U of the Board, as in effect from time to time. 
  

 11 

 “Required Lenders” means at any time Lenders owed at least 50.1% of the
then aggregate unpaid principal amount of the Pro Rata Advances owing to Lenders, or, if no such principal amount is then outstanding, Lenders having at least 50.1% of the Commitments. 
  
 “Single Employer Plan” means a single employer plan, as defined in Section 4001(a)(15) of
ERISA, that (a) is maintained for employees of any Borrower or any ERISA Affiliate and no Person other than such Borrower and the ERISA Affiliates or (b) was so maintained and in respect of which such Borrower or any ERISA Affiliate could have
liability under Section 4069 of ERISA in the event such plan has been or were to be terminated. 
  
 “Spin-off Transaction” has the meaning specified in Section 2.10(b). 
  
 “Subsidiary” of any Person means any
corporation of which (or in which) more than 50% of the outstanding capital stock having voting power to elect a majority of the Board of Directors of such corporation (irrespective of whether at the time capital stock of any other class or classes
of such corporation shall or might have voting power upon the occurrence of any contingency) is at the time directly or indirectly owned or controlled by such Person, by such Person and one or more of its other Subsidiaries or by one or more of such
Person’s other Subsidiaries. 
  
 “Taxes” has the meaning specified in Section 2.15(a). 
  
 “Termination Date” means the earlier of April 15, 2010 and the date of termination in whole of the Commitments pursuant
to Section 2.10 or 6.02. 
  
 “364-Day
Facility” means the U.S. $1,000,000,000 364-Day Revolving Credit Agreement dated as of the date hereof among Altria and the agents and lenders party thereto. 
  
 Section 1.02. Computation of Time Periods. In this Agreement in the computation of periods of time from a specified
date to a later specified date, the word “from” means “from and including” and the words “to” and “until” each mean “to but excluding.” 
  
 Section 1.03. Accounting Terms. All accounting terms not specifically defined herein shall be construed in accordance
with accounting principles generally accepted in the United States of America, except that if there has been a material change in an accounting principle affecting the definition of an accounting term as compared to that applied in the preparation
of the financial statements of Altria as of and for the year ended December 31, 2004, then such new accounting principle shall not be used in the determination of the amount associated with that accounting term. A material change in an accounting
principle is one that, in the year of its adoption, changes the amount associated with the relevant accounting term for any quarter in such year by more than 10%. 
  

 12 

 ARTICLE II 
  
 AMOUNTS AND TERMS OF THE ADVANCES 
  
 Section 2.01. The Pro Rata Advances. (a) Obligation to Make Pro Rata Advances. Each Lender severally agrees, on the terms and conditions
hereinafter set forth, to make Pro Rata Advances to any Borrower from time to time on any Business Day during the period from the Effective Date until the Termination Date in an aggregate amount not to exceed at any time outstanding such
Lender’s Commitment; provided, however, that the aggregate amount of the Commitments of the Lenders shall be deemed used from time to time to the extent of the aggregate amount of the Competitive Bid Advances then outstanding and
such deemed use of the aggregate amount of the Commitments shall be allocated among the Lenders ratably according to their respective Commitments (such deemed use of the aggregate amount of the Commitments being a “Competitive Bid
Reduction”). 
  
 (b) Amount of Pro
Rata Borrowings. Each Pro Rata Borrowing shall be in an aggregate amount of no less than $50,000,000 or an integral multiple of $1,000,000 in excess thereof. 
  
 (c) Type of Pro Rata Advances. Each Pro Rata Borrowing shall consist of Pro Rata Advances of the same
Type made on the same day by the Lenders ratably according to their respective Commitments. Within the limits of each Lender’s Commitment and subject to this Section 2.01, any Borrower may borrow under this Section 2.01, prepay pursuant to
Section 2.11 or repay pursuant to Section 2.03 and reborrow under this Section 2.01. 
  
 Section 2.02. Making the Pro Rata Advances. (a) Notice of Pro Rata Borrowing. Each Pro Rata Borrowing shall be made on notice, given not later than (x) 11:00 A.M. (New York City time) on the third
Business Day prior to the date of the proposed Pro Rata Borrowing in the case of a Pro Rata Borrowing consisting of LIBO Rate Advances, or (y) 9:00 A.M. (New York City time) on the date of the proposed Pro Rata Borrowing in the case of a Pro Rata
Borrowing consisting of Base Rate Advances, by the Borrower to JPMorgan Chase, as Administrative Agent, which shall give to each Lender prompt notice thereof by telecopier. Each such notice of a Pro Rata Borrowing (a “Notice of Pro Rata
Borrowing”) shall be by telephone, confirmed immediately in writing, by registered mail or telecopier in substantially the form of Exhibit B-1 hereto, specifying therein the requested: 
  
 (i) date of such Pro Rata Borrowing, 
  
 (ii) Type of Advances comprising such Pro Rata Borrowing,

  
 (iii) aggregate amount of such Pro Rata
Borrowing, and 
  
 (iv) in the case of a Pro Rata
Borrowing consisting of LIBO Rate Advances, the initial Interest Period for each such Pro Rata Advance. 
  

 13 

 Notwithstanding anything herein to the contrary, no Borrower may select LIBO Rate Advances for any Pro
Rata Borrowing if the obligation of the Lenders to make LIBO Rate Advances shall then be suspended pursuant to Section 2.08(c) or 2.13. 
  
 (b) Funding Pro Rata Advances. Each Lender shall, before 11:00 A.M. (New York City time) on the date of such Pro Rata Borrowing,
make available for the account of its Applicable Lending Office to JPMorgan Chase, as Administrative Agent, at JPMorgan Chase’s Administrative Agent Account, in same day funds, such Lender’s ratable portion of such Pro Rata Borrowing.
After receipt of such funds by JPMorgan Chase, as Administrative Agent, and upon fulfillment of the applicable conditions set forth in Article III, JPMorgan Chase, as Administrative Agent, will make such funds available to the relevant Borrower at
the address of JPMorgan Chase, as Administrative Agent, referred to in Section 9.02. 
  
 (c) Irrevocable Notice. Each Notice of Pro Rata Borrowing of any Borrower shall be irrevocable and binding on such Borrower. In the
case of any Pro Rata Borrowing that the related Notice of Pro Rata Borrowing specifies is to be comprised of LIBO Rate Advances, the Borrower requesting such Pro Rata Borrowing shall indemnify each Lender against any loss, cost or expense incurred
by such Lender as a result of any failure to fulfill on or before the date specified in such Notice of Pro Rata Borrowing for such Pro Rata Borrowing the applicable conditions set forth in Article III, including, without limitation, any loss
(excluding loss of anticipated profits), cost or expense incurred by reason of the liquidation or reemployment of deposits or other funds acquired by such Lender to fund the Pro Rata Advance to be made by such Lender as part of such Pro Rata
Borrowing when such Pro Rata Advance, as a result of such failure, is not made on such date. 
  
 (d) Lender’s Ratable Portion. Unless JPMorgan Chase, as Administrative Agent, shall have received notice from a Lender prior
to 11:00 A.M. (New York City time) on the day of any Pro Rata Borrowing that such Lender will not make available to JPMorgan Chase, as Administrative Agent, such Lender’s ratable portion of such Pro Rata Borrowing, JPMorgan Chase, as
Administrative Agent, may assume that such Lender has made such portion available to JPMorgan Chase, as Administrative Agent, on the date of such Pro Rata Borrowing in accordance with Section 2.02(b) and JPMorgan Chase, as Administrative Agent, may,
in reliance upon such assumption, make available to the Borrower proposing such Pro Rata Borrowing on such date a corresponding amount. If and to the extent that such Lender shall not have so made such ratable portion available to JPMorgan Chase, as
Administrative Agent, such Lender and such Borrower severally agree to repay to JPMorgan Chase, as Administrative Agent, forthwith on demand such corresponding amount together with interest thereon, for each day from the date such amount is made
available to such Borrower until the date such amount is repaid to JPMorgan Chase, as Administrative Agent, at: 
  

 14 

 (i) in the case of such Borrower, the higher of (A) the interest rate applicable at the
time to Pro Rata Advances comprising such Pro Rata Borrowing and (B) the cost of funds incurred by JPMorgan Chase, as Administrative Agent, in respect of such amount, and 
  
 (ii) in the case of such Lender, the Federal Funds Effective Rate. 
  
 If such Lender shall repay to JPMorgan Chase, as Administrative Agent, such corresponding
amount, such amount so repaid shall constitute such Lender’s Pro Rata Advance as part of such Pro Rata Borrowing for purposes of this Agreement. 
  
 (e) Independent Lender Obligations. The failure of any Lender to make the Pro Rata Advance to be made by it as part of any Pro Rata
Borrowing shall not relieve any other Lender of its obligation, if any, hereunder to make its Pro Rata Advance on the date of such Pro Rata Borrowing, but no Lender shall be responsible for the failure of any other Lender to make the Pro Rata
Advance to be made by such other Lender on the date of any Pro Rata Borrowing. 
  
 Section 2.03. Repayment of Pro Rata Advances. Each Borrower shall repay to JPMorgan Chase, as Administrative Agent, for the ratable account of the Lenders on the Termination Date the unpaid principal amount of
the Pro Rata Advances then outstanding. 
  
 Section 2.04.
Interest on Pro Rata Advances. (a) Scheduled Interest. Each Borrower shall pay interest on the unpaid principal amount of each Pro Rata Advance owing by such Borrower to each Lender from the date of such Pro Rata Advance until such
principal amount shall be paid in full, at the following rates per annum: 
  
 (i) Base Rate Advances. During such periods as such Pro Rata Advance is a Base Rate Advance, a rate per annum equal at all times to the Base Rate in effect from time to time, payable in arrears monthly on the
20th day of each month and on the date such Base Rate Advance shall be Converted or paid in full. 
  
 (ii) LIBO Rate Advances. During such periods as such Pro Rata Advance is a LIBO Rate Advance, a rate per annum equal at all times
during each Interest Period for such Pro Rata Advance to the sum of (x) the LIBO Rate for such Interest Period for such Pro Rata Advance plus (y) the Applicable Interest Rate Margin in effect from time to time, payable in arrears on the last
day of such Interest Period and, if such Interest Period has a duration of more than three months, on each day that occurs during such Interest Period every three months from the first day of such Interest Period, and on the date such LIBO Rate
Advance shall be Converted or paid in full. 
  
 (b) Default Interest. Upon the occurrence and during the continuance of an Event of Default, each Borrower shall pay interest on the unpaid principal amount of 
  

 15 

 each Pro Rata Advance owing to each Lender, payable in arrears on the dates referred to in Section
2.04(a)(i) or Section 2.04(a)(ii), at a rate per annum equal at all times to 1% per annum above the rate per annum required to be paid on such Pro Rata Advance. 
  

Section 2.05. Additional Interest on LIBO Rate Advances. Each Borrower shall pay to each Lender, so long as such Lender shall be required under
regulations of the Board to maintain reserves with respect to liabilities or assets consisting of or including Eurocurrency Liabilities, additional interest on the unpaid principal amount of each LIBO Rate Advance of such Lender to such Borrower,
from the date of such Advance until such principal amount is paid in full, at an interest rate per annum equal at all times to the remainder obtained by subtracting (i) the LIBO Rate for the Interest Period for such Advance from (ii) the rate
obtained by dividing such LIBO Rate by a percentage equal to 100% minus the Eurocurrency Rate Reserve Percentage of such Lender for such Interest Period, payable on each date on which interest is payable on such Advance. Such additional interest
shall be determined by such Lender and notified to Altria through JPMorgan Chase, as Administrative Agent. 
  
 Section 2.06. Conversion of Pro Rata Advances. (a) Conversion Upon Absence of Interest Period. If any Borrower shall fail to select the
duration of any Interest Period for any LIBO Rate Advances in accordance with the provisions contained in the definition of the term “Interest Period,” JPMorgan Chase, as Administrative Agent, will forthwith so notify such Borrower and the
Lenders and such Advances will automatically, on the last day of the then existing Interest Period therefor, Convert into Base Rate Advances. 
  
 (b) Conversion Upon Event of Default. Upon the occurrence and during the continuance of any Event of Default under Section 6.01(a),
JPMorgan Chase, as Administrative Agent, or the Required Lenders may elect that (i) each LIBO Rate Advance be, on the last day of the then existing Interest Period therefor, Converted into Base Rate Advances and (ii) the obligation of the Lenders to
make, or to Convert Advances into, LIBO Rate Advances be suspended. 
  
 (c) Voluntary Conversion. Subject to the provisions of Sections 2.08(c) and 2.13, any Borrower may convert all such Borrower’s Pro Rata Advances of one Type constituting the same Pro Rata Borrowing into
Advances of the other Type on any Business Day, upon notice given to JPMorgan Chase, as Administrative Agent, not later than 11:00 A.M. (New York City time) on the third Business Day prior to the date of the proposed Conversion; provided,
however, that the Conversion of a LIBO Rate Advance into a Base Rate Advance may be made on, and only on, the last day of an Interest Period for such LIBO Rate Advance. Each such notice of a Conversion shall, within the restrictions specified
above, specify 
  
 (i) the date of such
Conversion; 
  
 (ii) the Pro Rata Advances to be
Converted; and 
  

 16 

 (iii) if such Conversion is into LIBO Rate Advances, the duration of the Interest Period
for each such Pro Rata Advance. 
  
 Section 2.07. The
Competitive Bid Advances. (a) Competitive Bid Advances’ Impact on Commitments. Each Lender severally agrees that any Borrower may make Competitive Bid Borrowings under this Section 2.07 from time to time on any Business Day during
the period from the Effective Date until the Termination Date in the manner set forth below; provided that, following the making of each Competitive Bid Borrowing, the aggregate amount of the Advances then outstanding shall not exceed the
aggregate amount of the Commitments of the Lenders. As provided in Section 2.01, the aggregate amount of the Commitments of the Lenders shall be deemed used from time to time to the extent of the aggregate amount of the Competitive Bid Advances then
outstanding, and such deemed use of the aggregate amount of the Commitments shall be applied to the Lenders ratably according to their respective Commitments; provided, however, that any Lender’s Competitive Bid Advances shall not
otherwise reduce that Lender’s obligation to lend its pro rata share of the remaining available Commitments. 
  
 (b) Notice of Competitive Bid Borrowing. Any Borrower may request a Competitive Bid Borrowing under this Section 2.07 by delivering
to JPMorgan Chase, as Administrative Agent, by telecopier, a notice of a Competitive Bid Borrowing (a “Notice of Competitive Bid Borrowing”), in substantially the form of Exhibit B-2 hereto, specifying therein the following:

  
 (i) date of such proposed Competitive Bid
Borrowing; 
  
 (ii) aggregate amount of such
proposed Competitive Bid Borrowing; 
  
 (iii)
interest rate basis and day count convention to be offered by the Lenders; 
  
 (iv) in the case of a Competitive Bid Borrowing consisting of Floating Rate Bid Advances, Interest Period, or in the case of a Competitive Bid Borrowing consisting of Fixed Rate Bid Advances, maturity date for
repayment of each Fixed Rate Bid Advance to be made as part of such Competitive Bid Borrowing (which maturity date may not be earlier than the date occurring seven days after the date of such Competitive Bid Borrowing or later than the earlier of
(A) 360 days after the date of such Competitive Bid Borrowing and (B) the Termination Date); 
  
 (v) interest payment date or dates relating thereto; 
  
 (vi) location of such Borrower’s account to which funds are to be advanced; and 
  
 (vii) other terms (if any) to be applicable to such
Competitive Bid Borrowing. 
  

 17 

 A Borrower requesting a Competitive Bid Borrowing shall deliver a Notice of Competitive Bid Borrowing to JPMorgan Chase,
as Administrative Agent, not later than 10:00 A.M. (New York City time) (x) at least two Business Days prior to the date of the proposed Competitive Bid Borrowing, if such Borrower shall specify in the Notice of Competitive Bid Borrowing that the
Competitive Bid Borrowing shall be Fixed Rate Bid Advances, or (y) at least four Business Days prior to the date of the proposed Competitive Bid Borrowing, if such Borrower shall specify in the Notice of Competitive Bid Borrowing that the
Competitive Bid Borrowing shall be Floating Rate Bid Advances. Each Notice of Competitive Bid Borrowing shall be irrevocable and binding on such Borrower. JPMorgan Chase, as Administrative Agent, shall in turn promptly notify each Lender of each
request for a Competitive Bid Borrowing received by it from such Borrower by sending such Lender a copy of the related Notice of Competitive Bid Borrowing. 
  
 (c) Discretion as to Competitive Bid Advances. Each Lender may, in its sole discretion, elect to irrevocably offer to make one or
more Competitive Bid Advances to the applicable Borrower as part of such proposed Competitive Bid Borrowing at a rate or rates of interest specified by such Lender in its sole discretion, by notifying JPMorgan Chase, as Administrative Agent (which
shall give prompt notice thereof to such Borrower), before 9:30 A.M. (New York City time) (A) on the Business Day prior to the date of such proposed Competitive Bid Borrowing, in the case of a Competitive Bid Borrowing consisting of Fixed Rate Bid
Advances, and (B) on the third Business Day prior to the date of such proposed Competitive Bid Borrowing, in the case of a Competitive Bid Borrowing consisting of Floating Rate Bid Advances; provided that, if JPMorgan Chase in its capacity as
a Lender shall, in its sole discretion, elect to make any such offer, it shall notify such Borrower of such offer at least 30 minutes before the time and on the date on which notice of such election is to be given by any other Lender to JPMorgan
Chase, as Administrative Agent. In such notice, the Lender shall specify the following: 
  
 (i) the minimum amount and maximum amount of each Competitive Bid Advance which such Lender would be willing to make as part of such
proposed Competitive Bid Borrowing (which amounts may, subject to the proviso to the first sentence of Section 2.07(a), exceed such Lender’s Commitment); 
  

(ii) the rate or rates of interest therefor; and 
  
 (iii) such Lender’s Applicable Lending Office with respect to such Competitive Bid Advance. 

 
 If any Lender shall elect not to make such an offer, such Lender shall so notify JPMorgan
Chase, as Administrative Agent, before 9:30 A.M. (New York City time) on the date on which notice of such election is to be given to JPMorgan Chase, as Administrative Agent, by the other Lenders, and such Lender shall not be obligated to, and shall
not, make any Competitive Bid Advance as part of such Competitive Bid Borrowing; provided further that the failure by any Lender to give such notice shall not cause such Lender to be obligated to make any Competitive Bid Advance as
part of such proposed Competitive Bid Borrowing. 
  

 18 

 (d) Borrower Selection of Lender Bids. The Borrower proposing the Competitive Bid
Borrowing shall, in turn, (A) before 12:00 noon (New York City time) on the Business Day prior to the date of such proposed Competitive Bid Borrowing, in the case of a Competitive Bid Borrowing consisting of Fixed Rate Bid Advances and (B) before
12:00 noon (New York City time) on the third Business Day prior to the date of such proposed Competitive Bid Borrowing, in the case of a Competitive Bid Borrowing consisting of Floating Rate Bid Advances, either: 
  
 (i) cancel such Competitive Bid Borrowing by giving JPMorgan
Chase, as Administrative Agent, notice to that effect, or 
  
 (ii) accept, in its sole discretion, one or more of the offers made by any Lender or Lenders pursuant to Section 2.07(c), by giving notice to JPMorgan Chase, as Administrative Agent, of the amount of each Competitive
Bid Advance (which amount shall be equal to or greater than the minimum amount, and equal to or less than the maximum amount, notified to such Borrower by JPMorgan Chase, as Administrative Agent on behalf of such Lender, for such Competitive Bid
Advance pursuant to Section 2.07(c) to be made by each Lender as part of such Competitive Bid Borrowing) and reject any remaining offers made by Lenders pursuant to Section 2.07(c) by giving JPMorgan Chase, as Administrative Agent, notice to that
effect. Such Borrower shall accept the offers made by any Lender or Lenders to make Competitive Bid Advances in order of the lowest to the highest rates of interest offered by such Lenders. If two or more Lenders have offered the same interest rate,
the amount to be borrowed at such interest rate will be allocated among such Lenders in proportion to the maximum amount that each such Lender offered at such interest rate. 
  
 If the Borrower proposing the Competitive Bid Borrowing notifies JPMorgan Chase, as Administrative Agent, that such Competitive Bid
Borrowing is canceled pursuant to Section 2.07(d)(i), or if such Borrower fails to give timely notice in accordance with Section 2.07(d), JPMorgan Chase, as Administrative Agent, shall give prompt notice thereof to the Lenders and such Competitive
Bid Borrowing shall not be made. 
  
 (e)
Competitive Bid Borrowing. If the Borrower proposing the Competitive Bid Borrowing accepts one or more of the offers made by any Lender or Lenders pursuant to Section 2.07(d)(ii), JPMorgan Chase, as Administrative Agent, shall in turn
promptly notify: 
  
 (i) each Lender that has
made an offer as described in Section 2.07(c), whether or not any offer or offers made by such Lender pursuant to Section 2.07(c) have been accepted by such Borrower; 
  
 (ii) each Lender that is to make a Competitive Bid Advance as part of such Competitive Bid Borrowing, of the
date and amount of each Competitive 

  

 19 

 
Bid Advance to be made by such Lender as part of such Competitive Bid Borrowing; and 
  
 (iii) each Lender that is to make a Competitive Bid Advance as part of such Competitive Bid Borrowing, upon
receipt, that JPMorgan Chase, as Administrative Agent, has received forms of documents appearing to fulfill the applicable conditions set forth in Article III. 
  

When each Lender that is to make a Competitive Bid Advance as part of such Competitive Bid Borrowing has received notice pursuant to Section 2.07(e)(iii), such Lender
shall, before 11:00 A.M. (New York City time), on the date of such Competitive Bid Borrowing specified in the notice received from JPMorgan Chase, as Administrative Agent, pursuant to Section 2.07(e)(i), make available for the account of its
Applicable Lending Office to JPMorgan Chase, as Administrative Agent, at its address referred to in Section 9.02, in same day funds, such Lender’s portion of such Competitive Bid Borrowing. Upon fulfillment of the applicable conditions set
forth in Article III and after receipt by JPMorgan Chase, as Administrative Agent, of such funds, JPMorgan Chase, as Administrative Agent, will make such funds available to such Borrower at the location specified by such Borrower in its Notice of
Competitive Bid Borrowing. Promptly after each Competitive Bid Borrowing, JPMorgan Chase, as Administrative Agent, will notify each Lender of the amount of the Competitive Bid Borrowing, the consequent Competitive Bid Reduction and the dates upon
which such Competitive Bid Reduction commenced and will terminate. 
  
 (f) Irrevocable Notice. If the Borrower proposing the Competitive Bid Borrowing notifies JPMorgan Chase, as Administrative Agent, that it accepts one or more of the offers made by any Lender or Lenders pursuant
to Section 2.07(c), such notice of acceptance shall be irrevocable and binding on such Borrower. Such Borrower shall indemnify each Lender against any loss, cost or expense incurred by such Lender as a result of any failure to fulfill on or before
the date specified in the related Notice of Competitive Bid Borrowing for such Competitive Bid Borrowing the applicable conditions set forth in Article III, including, without limitation, any loss (excluding loss of anticipated profits), cost or
expense incurred by reason of the liquidation or reemployment of deposits or other funds acquired by such Lender to fund the Competitive Bid Advance to be made by such Lender as part of such Competitive Bid Borrowing when such Competitive Bid
Advance, as a result of such failure, is not made on such date. 
  
 (g) Amount of Competitive Bid Borrowings; Competitive Bid Notes. Each Competitive Bid Borrowing shall be in an aggregate amount of $50,000,000 or an integral multiple of $1,000,000 in excess thereof and,
following the making of each Competitive Bid Borrowing, the aggregate amount of Advances then outstanding shall not exceed the aggregate amount of the Commitments of the Lenders. Within the limits and on the conditions set forth in this Section
2.07, any Borrower may from time to time borrow under this Section 2.07, prepay pursuant to Section 2.11 or repay pursuant to Section 2.07(h), and reborrow under this Section 2.07; provided that a Competitive Bid 
  

 20 

 Borrowing shall not be made within two Business Days of the date of any other Competitive Bid Borrowing.
The indebtedness of any Borrower resulting from each Competitive Bid Advance made to such Borrower as part of a Competitive Bid Borrowing shall be evidenced by a separate Competitive Bid Note of such Borrower payable to the order of the Lender
making such Competitive Bid Advance. 
  
 (h)
Repayment of Competitive Bid Advances. On the maturity date of each Competitive Bid Advance provided in the Competitive Bid Note evidencing such Competitive Bid Advance, the Borrower shall repay to JPMorgan Chase, as Administrative Agent, for
the account of each Lender that has made a Competitive Bid Advance the then unpaid principal amount of such Competitive Bid Advance. Except as required by Section 2.11(b), no Borrower shall have any right to prepay any principal amount of any
Competitive Bid Advance unless, and then only on the terms set forth in the Competitive Bid Note evidencing such Competitive Bid Advance. 
  
 (i) Interest on Competitive Bid Advances. Each Borrower that has borrowed through a Competitive Bid Borrowing shall pay interest on
the unpaid principal amount of each Competitive Bid Advance from the date of such Competitive Bid Advance to the date the principal amount of such Competitive Bid Advance is repaid in full, at the rate of interest for such Competitive Bid Advance
and on the interest payment date or dates set forth in the Competitive Bid Note evidencing such Competitive Bid Advance. Upon the occurrence and during the continuance of an Event of Default, such Borrower shall pay interest on the amount of unpaid
principal of each Competitive Bid Advance owing to a Lender, payable in arrears on the date or dates interest is payable thereon, at a rate per annum equal at all times to 1% per annum above the rate per annum required to be paid on such Competitive
Bid Advance under the terms of the Competitive Bid Note evidencing such Competitive Bid Advance unless otherwise agreed in such Competitive Bid Note. 
  
 Section 2.08. LIBO Rate Determination. (a) Methods to Determine LIBO Rate. JPMorgan Chase, as Administrative Agent, shall determine the LIBO
Rate by using the methods described in the definition of the term “LIBO Rate,” and shall give prompt notice to the Borrower and Lenders of each such LIBO Rate. 
  
 (b) Role of Reference Banks. In the event that the LIBO Rate cannot be determined by the method
described in clause (a) of the definition of “LIBO Rate,” each Reference Bank agrees to furnish to JPMorgan Chase, as Administrative Agent, timely information for the purpose of determining the LIBO Rate in accordance with the method
described in clause (b) of the definition thereof. If any one or more of the Reference Banks shall not furnish such timely information to JPMorgan Chase, as Administrative Agent, for the purpose of determining a LIBO Rate, JPMorgan Chase, as
Administrative Agent, shall determine such interest rate on the basis of timely information furnished by the remaining Reference Banks. If fewer than two Reference Banks furnish timely information to JPMorgan Chase, as Administrative Agent, for
determining the LIBO 

  

 21 

 
Rate for any LIBO Rate Advances or Floating Rate Bid Advances, as the case may be, then: 
  
 (i) JPMorgan Chase, as Administrative Agent, shall forthwith notify Altria and the Lenders that the interest
rate cannot be determined for such LIBO Rate Advance or Floating Rate Bid Advances, as the case may be; 
  
 (ii) with respect to each LIBO Rate Advance, such Advance will, on the last day of the then existing Interest Period therefor, be prepaid
by the Borrower or be automatically Converted into a Base Rate Advance; and 
  
 (iii) the obligation of the Lenders to make LIBO Rate Advances or Floating Rate Bid Advances or to Convert Base Rate Advances into LIBO Rate Advances shall be suspended until JPMorgan Chase, as Administrative Agent,
shall notify Altria and the Lenders that the circumstances causing such suspension no longer exist. 
  
 JPMorgan Chase, as Administrative Agent, shall give prompt notice to Altria and the Lenders of the applicable interest rate determined by JPMorgan Chase, as Administrative Agent, for purposes of Section 2.04(a)(i) or
(ii), and the rate, if any, furnished by each Reference Bank for the purpose of determining the interest rate under Section 2.04(a)(ii) or the applicable LIBO Rate. 
  
 (c) Inadequate LIBO Rate. If, with respect to any LIBO Rate Advances, the Required Lenders notify
JPMorgan Chase, as Administrative Agent, that (i) they are unable to obtain matching deposits in the London interbank market at or about 11:00 A.M. (London time) on the second Business Day before the making of a Borrowing in sufficient amounts to
fund their respective LIBO Rate Advances as a part of such Borrowing during the Interest Period therefor or (ii) the LIBO Rate for any Interest Period for such Advances will not adequately reflect the cost to such Required Lenders of making, funding
or maintaining their respective LIBO Rate Advances for such Interest Period, JPMorgan Chase, as Administrative Agent, shall forthwith so notify Altria and the Lenders, whereupon (A) the Borrower of such LIBO Rate Advances will, on the last day of
the then existing Interest Period therefor, either (x) prepay such Advances or (y) Convert such Advances into Base Rate Advances and (B) the obligation of the Lenders to make, or to Convert Base Rate Advances into, LIBO Rate Advances shall be
suspended until JPMorgan Chase, as Administrative Agent, shall notify Altria and the Lenders that the circumstances causing such suspension no longer exist. In the case of clause (ii) above, each Lender shall certify its cost of funds for each
Interest Period to JPMorgan Chase, as Administrative Agent, and Altria as soon as practicable (but in any event not later than 10 Business Days after the last day of such Interest Period). 
  
 Section 2.09. Fees. (a) Facility Fee. Altria agrees to pay to
JPMorgan Chase, as Administrative Agent, for the account of each Lender a facility fee on the aggregate amount of such Lender’s Commitment (whether or not used and without giving effect to any Competitive 
  

 22 

 Bid Reduction) from the date hereof in the case of each Initial Lender and from the effective date specified in the
Assignment and Acceptance pursuant to which it became a Lender in the case of each other Lender until the Termination Date at the Applicable Facility Fee Rate, in each case payable on the last day of each March, June, September and December until
the Termination Date and on the Termination Date. 
  
 (b) Agent’s Fees. Altria shall pay to JPMorgan Chase, as Administrative Agent, for its own account such fees as may from time to time be agreed between Altria and such Agent. 
  
 Section 2.10. Termination or Reduction of the Commitments. (a)
Optional. Altria shall have the right, upon at least three Business Days’ notice to JPMorgan Chase, as Administrative Agent, to terminate in whole or reduce ratably in part the unused portions of the respective Commitments of the
Lenders; provided that each partial reduction shall be in the aggregate amount of no less than $50,000,000 or the remaining balance if less than $50,000,000; and provided further that the aggregate amount of the Commitments of
the Lenders shall not be reduced to an amount that is less than the aggregate principal amount of the Competitive Bid Advances then outstanding. 
  
 (b) Mandatory. In the event of a spin-off or other not for value disposition of Philip Morris International Inc. (“PMI”)
such that Altria owns no more than a de minimus equity interest in PMI (the “Spin-off Transaction”), within 5 business days after the effectiveness of such Spin-off Transaction, the respective Commitments of the Lenders shall
automatically be reduced ratably so that the aggregate amount of the Commitments as at such date shall not exceed $3,500,000,000. 
  
 Section 2.11. Prepayments. (a) Optional Prepayment of Pro Rata Advances. Each Borrower may, in the case of any LIBO Rate Advance, upon at
least three Business Days’ notice to JPMorgan Chase, as Administrative Agent, or, in the case of any Base Rate Advance, upon notice given to JPMorgan Chase, as Administrative Agent, not later than 9:00 A.M. (New York City time) on the date of
the proposed prepayment, in each case stating the proposed date and aggregate principal amount of the prepayment, and if such notice is given such Borrower shall, prepay the outstanding principal amount of the Pro Rata Advances comprising part of
the same Pro Rata Borrowing in whole or ratably in part, together with accrued interest to the date of such prepayment on the principal amount prepaid; provided, however, that (x) each partial prepayment shall be in an aggregate
principal amount of no less than $50,000,000 or the remaining balance if less than $50,000,000 and (y) in the event of any such prepayment of a LIBO Rate Advance, such Borrower shall be obligated to reimburse the Lenders in respect thereof pursuant
to Section 9.04(b). 
  
 (b) Mandatory
Prepayment. The Borrower shall, on each Business Day, prepay an aggregate principal amount of the Advances equal to the amount by which (A) the aggregate principal amount of the Advances then outstanding exceeds (B) the aggregate of the
Commitments (after giving effect to any Competitive Bid Reduction and Section 2.10(b)) on such Business Day. Prepayments under this Section 2.11(b) shall be 
  

 23 

 allocated first to Base Rate Advances, ratably; any excess amount shall then be allocated to LIBO Rate
Advances, in such manner as the Borrower shall determine; and any remaining amount shall be allocated to Competitive Bid Advances, in such manner as the Borrower shall determine. 
  
 Each prepayment made pursuant to this Section 2.11(b) shall be made together with any interest accrued to the date of such
prepayment on the principal amounts prepaid and, in the case of any prepayment of a LIBO Rate Advance or a Floating Rate Bid Advance on a date other than the last day of an Interest Period or at its maturity, any additional amounts which such
Borrower shall be obligated to reimburse to the Lenders in respect thereof pursuant to Section 9.04(b). JPMorgan Chase, as Administrative Agent, shall give prompt notice of any prepayment required under this Section 2.11(b) to the Borrowers and the
Lenders. 
  
 Section 2.12. Increased Costs. (a) Costs
from Change in Law or Authorities. If, due to either (i) the introduction of or any change (other than any change by way of imposition or increase of reserve requirements to the extent such change is included in the Eurocurrency Rate Reserve
Percentage) in or in the interpretation of any law or regulation or (ii) the compliance with any guideline or request from any central bank or other governmental authority (whether or not having the force of law), there shall be any increase in the
cost to any Lender of agreeing to make or making, funding or maintaining LIBO Rate Advances or Floating Rate Bid Advances (excluding for purposes of this Section 2.12 any such increased costs resulting from (i) Taxes or Other Taxes (as to which
Section 2.15 shall govern) and (ii) changes in the basis of taxation of overall net income or overall gross income by the United States or by the foreign jurisdiction or state under the laws of which such Lender is organized or has its Applicable
Lending Office or any political subdivision thereof), then the Borrower of the affected Advances shall from time to time, upon demand by such Lender (with a copy of such demand to JPMorgan Chase, as Administrative Agent), pay to JPMorgan Chase, as
Administrative Agent, for the account of such Lender additional amounts sufficient to compensate such Lender for such increased cost; provided, however, that before making any such demand, each Lender agrees to use reasonable efforts
(consistent with its internal policy and legal and regulatory restrictions) to designate a different Applicable Lending Office if the making of such a designation would avoid the need for, or reduce the amount of, such increased cost and would not,
in the reasonable judgment of such Lender, be otherwise disadvantageous to such Lender. A certificate as to the amount of such increased cost, submitted to Altria, such Borrower and JPMorgan Chase, as Administrative Agent, by such Lender, shall be
conclusive and binding for all purposes, absent manifest error. 
  
 (b) Reduction in Lender’s Rate of Return. In the event that, after the date hereof, the implementation of or any change in any law or regulation, or any guideline or directive (whether or not having the
force of law) or the interpretation or administration thereof by any central bank or other authority charged with the administration thereof, imposes, modifies or deems applicable any capital adequacy or similar requirement (including, without
limitation, a request or requirement which affects the manner in which any Lender allocates capital resources to its commitments, including its obligations hereunder) and as a result thereof, in the sole opinion of such Lender, the rate of return on
such Lender’s capital as a consequence of its obligations hereunder is 
  

 24 

 reduced to a level below that which such Lender could have achieved but for such circumstances, but
reduced to the extent that Borrowings are outstanding from time to time, then in each such case, upon demand from time to time Altria shall pay to such Lender such additional amount or amounts as shall compensate such Lender for such reduction in
rate of return; provided that, in the case of each Lender, such additional amount or amounts shall not exceed 0.15 of 1% per annum of such Lender’s Commitment. A certificate of such Lender as to any such additional amount or amounts
shall be conclusive and binding for all purposes, absent manifest error. Except as provided below, in determining any such amount or amounts each Lender may use any reasonable averaging and attribution methods. Notwithstanding the foregoing, each
Lender shall take all reasonable actions to avoid the imposition of, or reduce the amounts of, such increased costs, provided that such actions, in the reasonable judgment of such Lender, will not be otherwise disadvantageous to such Lender, and, to
the extent possible, each Lender will calculate such increased costs based upon the capital requirements for its Commitment hereunder and not upon the average or general capital requirements imposed upon such Lender. 
  
 Section 2.13. Illegality. Notwithstanding any other provision of this
Agreement, if any Lender shall notify JPMorgan Chase, as Administrative Agent, that the introduction of or any change in, or in the interpretation of, any law or regulation makes it unlawful, or any central bank or other governmental authority
asserts that it is unlawful, for any Lender or its Eurocurrency Lending Office to perform its obligations hereunder to make LIBO Rate Advances or Floating Rate Bid Advances or to fund or maintain LIBO Rate Advances or Floating Rate Bid Advances, (a)
each LIBO Rate Advance or Floating Rate Bid Advances, as the case may be, will automatically, upon such demand, be Converted into a Base Rate Advance or an Advance that bears interest at the rate set forth in Section 2.04(a)(i), as the case may be,
and (b) the obligation of the Lenders to make LIBO Rate Advances or Floating Rate Bid Advances or to Convert Base Rate Advances into LIBO Rate Advances shall be suspended, in each case, until JPMorgan Chase, as Administrative Agent, shall notify
Altria and the Lenders that the circumstances causing such suspension no longer exist; provided, however, that before making any such demand, each Lender agrees to use reasonable efforts (consistent with its internal policy and legal
and regulatory restrictions) to designate a different Eurocurrency Lending Office if the making of such a designation would allow such Lender or its Eurocurrency Lending Office to continue to perform its obligations to make LIBO Rate Advances or
Floating Rate Bid Advances or to continue to fund or maintain LIBO Rate Advances or Floating Rate Bid Advances, as the case may be, and would not, in the judgment of such Lender, be otherwise disadvantageous to such Lender. 
  
 Section 2.14. Payments and Computations. (a) Time and Distribution
of Payments. Altria and each Borrower shall make each payment hereunder, without set-off or counterclaim, not later than 11:00 A.M. (New York City time) on the day when due to JPMorgan Chase, as Administrative Agent, at JPMorgan Chase’s
Administrative Agent Account in same day funds. JPMorgan Chase, as Administrative Agent, will promptly thereafter cause to be distributed like funds relating to the payment of principal or interest or facility fees ratably (other than amounts
payable pursuant to Section 2.07, 2.12, 2.15 or 9.04(b)) to the Lenders for the 
  

 25 

 account of their respective Applicable Lending Offices, and like funds relating to the payment of any other amount
payable to any Lender to such Lender for the account of its Applicable Lending Office, in each case to be applied in accordance with the terms of this Agreement. From and after the effective date of an Assignment and Acceptance pursuant to Section
9.07, JPMorgan Chase, as Administrative Agent, shall make all payments hereunder in respect of the interest assigned thereby to the Lender assignee thereunder, and the parties to such Assignment and Acceptance shall make all appropriate adjustments
in such payments for periods prior to such effective date directly between themselves. 
  
 (b) Computation of Interest and Fees. All computations of interest based on JPMorgan Chase’s prime rate shall be made by
JPMorgan Chase, as Administrative Agent, on the basis of a year of 365 or 366 days, as the case may be. All computations of interest based on the LIBO Rate or the Federal Funds Effective Rate and of facility fees shall be made by JPMorgan Chase, as
Administrative Agent and all computations of interest pursuant to Section 2.05 shall be made by a Lender, on the basis of a year of 360 days, and all computations of interest in respect of Competitive Bid Advances shall be made by JPMorgan Chase, as
Administrative Agent, as specified in the applicable Notice of Competitive Bid Notice, in each case for the actual number of days (including the first day but excluding the last day) occurring in the period for which such interest or facility fees
are payable. Each determination by JPMorgan Chase, as Administrative Agent (or, in the case of Section 2.05 by a Lender), of an interest rate hereunder shall be conclusive and binding for all purposes, absent manifest error. 
  
 (c) Payment Due Dates. Whenever any payment hereunder
shall be stated to be due on a day other than a Business Day, such payment shall be made on the next succeeding Business Day, and such extension of time shall in such case be included in the computation of payment of interest or facility fee, as the
case may be; provided, however, that if such extension would cause payment of interest on or principal of LIBO Rate Advances or Floating Rate Bid Advances to be made in the next following calendar month, such payment shall be made on
the immediately preceding Business Day. 
  
 (d)
Presumption of Borrower Payment. Unless JPMorgan Chase, as Administrative Agent, receives notice from any Borrower prior to the date on which any payment is due to the Lenders hereunder that such Borrower will not make such payment in full,
JPMorgan Chase, as Administrative Agent, may assume that such Borrower has made such payment in full to JPMorgan Chase, as Administrative Agent, on such date and JPMorgan Chase, as Administrative Agent, may, in reliance upon such assumption, cause
to be distributed to each Lender on such due date an amount equal to the amount then due such Lender. If and to the extent such Borrower has not made such payment in full to JPMorgan Chase, as Administrative Agent, each Lender shall repay to
JPMorgan Chase, as Administrative Agent, forthwith on demand such amount distributed to such Lender together with interest thereon, for each day from the date such amount is distributed to such Lender until the date such Lender repays such amount to
JPMorgan Chase, as Administrative Agent, at the Federal Funds Effective Rate. 
  

 26 

 Section 2.15. Taxes. (a) Any and all payments by each Borrower and Altria hereunder shall be made,
in accordance with Section 2.14, free and clear of and without deduction for any and all present or future taxes, levies, imposts, deductions, charges or withholdings, and all liabilities with respect thereto, excluding, (i) in the case of
each Lender and JPMorgan Chase, as Administrative Agent, taxes imposed on its net income, and franchise taxes imposed on it, by the jurisdiction under the laws of which such Lender or JPMorgan Chase, as Administrative Agent (as the case may be), is
organized or any political subdivision thereof, (ii) in the case of each Lender, taxes imposed on its net income, and franchise taxes imposed on it, by the jurisdiction of such Lender’s Applicable Lending Office or any political subdivision
thereof, (iii) in the case of each Lender and JPMorgan Chase, as Administrative Agent, taxes imposed on its net income, franchise taxes imposed on it, and any tax imposed by means of withholding to the extent such tax is imposed solely as a result
of a present or former connection (other than the execution, delivery and performance of this Agreement or a Note) between the Lender or JPMorgan Chase, as Administrative Agent, as the case may be, and the taxing jurisdiction, and (iv) in the case
of each Lender and JPMorgan Chase, as Administrative Agent, taxes imposed by the United States by means of withholding tax if and to the extent that such taxes shall be in effect and shall be applicable on the date hereof to payments to be made to
such Lender’s Applicable Lending Office or to JPMorgan Chase, as Administrative Agent (all such non-excluded taxes, levies, imposts, deductions, charges, withholdings and liabilities in respect of payments hereunder being hereinafter referred
to as “Taxes”). If any Borrower or Altria shall be required by law to deduct any Taxes from or in respect of any sum payable hereunder to any Lender or JPMorgan Chase, as Administrative Agent, (i) the sum payable shall be increased
as may be necessary so that after making all required deductions (including deductions applicable to additional sums payable under this Section 2.15) such Lender or JPMorgan Chase, as Administrative Agent (as the case may be), receives an amount
equal to the sum it would have received had no such deductions been made, (ii) such Borrower or Altria shall make such deductions and (iii) such Borrower or Altria shall pay the full amount deducted to the relevant taxation authority or other
authority in accordance with applicable law. 
  
 (b) In addition, each Borrower or Altria shall pay any present or future stamp or documentary taxes or any other excise or property taxes, charges or similar levies that arise from any payment made hereunder or from the execution, delivery
or registration of, performing under, or otherwise with respect to, this Agreement (hereinafter referred to as “Other Taxes”). 
  
 (c) Each Borrower and Altria shall indemnify each Lender and JPMorgan Chase, as Administrative Agent, for and hold it harmless against the
full amount of Taxes or Other Taxes (including, without limitation, Taxes and Other Taxes imposed by any jurisdiction on amounts payable under this Section 2.15) paid by such Lender or JPMorgan Chase, as Administrative Agent (as the case may be),
and any liability (including penalties, interest and expenses) arising therefrom or with respect thereto, whether or not such Taxes or Other Taxes were correctly or legally asserted. This indemnification shall be made within 30 days from the date
such Lender or JPMorgan Chase, as Administrative Agent (as the case may be), makes written demand therefor. 
  

 27 

 (d) Within 30 days after the date of any payment of Taxes, each Borrower and Altria shall
furnish to JPMorgan Chase, as Administrative Agent, at its address referred to in Section 9.02, the original or a certified copy of a receipt evidencing such payment. If any Borrower or Altria determines that no Taxes are payable in respect thereof,
such Borrower or Altria shall, at the request of JPMorgan Chase, as Administrative Agent, furnish or cause the payor to furnish, JPMorgan Chase, as Administrative Agent, and each Lender an opinion of counsel reasonably acceptable to JPMorgan Chase,
as Administrative Agent, stating that such payment is exempt from Taxes. 
  
 (e) Each Lender, on or prior to the date of its execution and delivery of this Agreement in the case of each Initial Lender and on the date of the Assignment and Acceptance pursuant to which it becomes a Lender in the
case of each other Lender, shall provide each of JPMorgan Chase, as Administrative Agent, Altria and such Borrower with any form or certificate that is required by any taxing authority (including, if applicable, two original Internal Revenue Service
Forms W-9, W-8BEN or W-8ECI, as appropriate, or any successor or other form prescribed by the Internal Revenue Service), certifying that such Lender is exempt from or entitled to a reduced rate of Home Jurisdiction Withholding Taxes on payments
pursuant to this Agreement. Thereafter, each such Lender shall provide additional forms or certificates (i) to the extent a form or certificate previously provided has become inaccurate or invalid or has otherwise ceased to be effective or (ii) as
requested in writing by any Borrower, Altria or JPMorgan Chase, as Administrative Agent. Unless the Borrowers, Altria and JPMorgan Chase, as Administrative Agent, have received forms or other documents satisfactory to them indicating that payments
hereunder are not subject to Home Jurisdiction Withholding Taxes or are subject to Home Jurisdiction Withholding Taxes at a rate reduced by an applicable tax treaty, such Borrower, Altria or JPMorgan Chase, as Administrative Agent, shall withhold
taxes from such payments at the applicable statutory rate in the case of payments to or for any Lender. 
  
 (f) Any Lender claiming any additional amounts payable pursuant to this Section 2.15 agrees to use reasonable efforts (consistent with its
internal policy and legal and regulatory restrictions) to select or change the jurisdiction of its Applicable Lending Office if the making of such a selection or change would avoid the need for, or reduce the amount of, any such additional amounts
that may thereafter accrue and would not, in the reasonable judgment of such Lender, be otherwise economically disadvantageous to such Lender. 
  
 (g) No additional amounts will be payable pursuant to this Section 2.15 with respect to (i) any Home Jurisdiction Withholding Taxes that
would not have been payable had the Lender provided the relevant forms or other documents pursuant to Section 2.15(e); or (ii) in the case of an Assignment and Acceptance by a Lender to an Eligible Assignee, any Home Jurisdiction Withholding Taxes
that exceed the amount of such Home Jurisdiction Withholding Taxes that are imposed prior to such Assignment and Acceptance, unless such Assignment and Acceptance resulted from the demand of Altria. 
  

 28 

 (h) If any Lender or JPMorgan Chase, as Administrative Agent, as the case may be, obtains
a refund of any Tax for which payment has been made pursuant to this Section 2.15, which refund in the good faith judgment of such Lender or JPMorgan Chase, as Administrative Agent, as the case may be, (and without any obligation to disclose its tax
records) is allocable to such payment made under this Section 2.15, the amount of such refund (together with any interest received thereon and reduced by reasonable costs incurred in obtaining such refund) promptly shall be paid to the Borrower to
the extent payment has been made in full by the Borrower pursuant to this Section 2.15. 
  
 Section 2.16. Sharing of Payments, Etc. If any Lender shall obtain any payment (whether voluntary, involuntary, through the exercise of any right of set-off, or otherwise) on account of the Pro Rata Advances
owing to it (other than pursuant to Section 2.12, 2.15 or 9.04(b)) in excess of its ratable share of payments on account of the Pro Rata Advances obtained by all the Lenders, such Lender shall forthwith purchase from the other Lenders such
participations in the Pro Rata Advances made by them as shall be necessary to cause such purchasing Lender to share the excess payment ratably with each of them; provided, however, that if all or any portion of such excess payment is
thereafter recovered from such purchasing Lender, such purchase from each Lender shall be rescinded and such Lender shall repay to the purchasing Lender the purchase price to the extent of such recovery together with an amount equal to such
Lender’s ratable share (according to the proportion of (i) the amount of such Lender’s required repayment to (ii) the total amount so recovered from the purchasing Lender) of any interest or other amount paid or payable by the purchasing
Lender in respect of the total amount so recovered. Each Borrower agrees that any Lender so purchasing a participation from another Lender pursuant to this Section 2.16 may, to the fullest extent permitted by law, exercise all its rights of payment
(including the right of set-off) with respect to such participation as fully as if such Lender were the direct creditor of such Borrower in the amount of such participation. 
  
 Section 2.17. Evidence of Debt. (a) Lender Records; Pro Rata Notes. Each Lender shall maintain in accordance
with its usual practice an account or accounts evidencing the indebtedness of each Borrower to such Lender resulting from each Pro Rata Advance owing to such Lender from time to time, including the amounts of principal and interest payable and paid
to such Lender from time to time hereunder in respect of Pro Rata Advances. Each Borrower shall, upon notice by any Lender to such Borrower (with a copy of such notice to JPMorgan Chase, as Administrative Agent) to the effect that a Pro Rata Note is
required or appropriate in order for such Lender to evidence (whether for purposes of pledge, enforcement or otherwise) the Pro Rata Advances owing to, or to be made by, such Lender, promptly execute and deliver to such Lender a Pro Rata Note
payable to the order of such Lender in a principal amount up to the Commitment of such Lender. 
  
 (b) Record of Borrowings, Payables and Payments. The Register maintained by JPMorgan Chase, as Administrative Agent, pursuant to
Section 9.07(d) shall include a control account, and a subsidiary account for each Lender, in which accounts (taken together) shall be recorded as follows: 
  

 29 

 (i) the date and amount of each Borrowing made hereunder, the Type of Advances comprising
such Borrowing and, if appropriate, the Interest Period applicable thereto; 
  
 (ii) the terms of each Assignment and Acceptance delivered to and accepted by it; 
  
 (iii) the amount of any principal or interest due and payable or to become due and payable from each Borrower to each Lender hereunder;
and 
  
 (iv) the amount of any sum received by
JPMorgan Chase, as Administrative Agent, from the Borrowers hereunder and each Lender’s share thereof. 
  
 (c) Evidence of Payment Obligations. Entries made in good faith by JPMorgan Chase, as Administrative Agent, in the Register
pursuant to Section 2.17(b), and by each Lender in its account or accounts pursuant to Section 2.17(a), shall be prima facie evidence of the amount of principal and interest due and payable or to become due and payable from each
Borrower to, in the case of the Register, each Lender and, in the case of such account or accounts, such Lender, under this Agreement, absent manifest error; provided, however, that the failure of JPMorgan Chase, as Administrative
Agent, or such Lender to make an entry, or any finding that an entry is incorrect, in the Register or such account or accounts shall not limit or otherwise affect the obligations of any Borrower under this Agreement. 
  
 Section 2.18. Use of Proceeds. The proceeds of the Advances shall be
available (and each Borrower agrees that it shall use such proceeds) for general corporate purposes of Altria and its Subsidiaries. 
  
 ARTICLE III 
  
 CONDITIONS TO EFFECTIVENESS AND LENDING 
  
 Section 3.01. Conditions Precedent to Effectiveness. This Agreement shall become effective on and as of the first date (the “Effective Date”) on which the following conditions precedent have
been satisfied: 
  
 (a) Altria shall have
notified each Lender and JPMorgan Chase, as Administrative Agent, in writing as to the proposed Effective Date. 
  
 (b) On the Effective Date, the following statements shall be true and JPMorgan Chase, as Administrative Agent, shall have received for the
account of each Lender a certificate signed by a duly authorized officer of Altria, dated the Effective Date, stating that: 
  

 30 

 (i) the representations and warranties contained in Section 4.01 are correct on and as of
the Effective Date, and 
  
 (ii) no event has
occurred and is continuing that constitutes a Default or Event of Default. 
  
 (c) JPMorgan Chase, as Administrative Agent, shall have received on or before the Effective Date copies of the letter from Altria dated on or before such day, terminating in whole the commitments of the banks party to
the Existing Loan Agreement. 
  
 (d) Prior to or
simultaneously with the Effective Date, Altria shall have satisfied all of its obligations under the Existing Loan Agreement including, without limitation, the payment of all loans, accrued interest and fees under the Existing Loan Agreement.

  
 (e) JPMorgan Chase, as Administrative Agent,
shall have received on or before the Effective Date the following, each dated such day, in form and substance satisfactory to JPMorgan Chase, as Administrative Agent: 
  
 (i) Certified copies of the resolutions of the Board of Directors of Altria approving this Agreement, and of
all documents evidencing other necessary corporate action and governmental approvals, if any, with respect to this Agreement. 
  
 (ii) A certificate of the Secretary or an Assistant Secretary of Altria certifying the names and true signatures of the officers of Altria
authorized to sign this Agreement and the other documents to be delivered hereunder. 
  
 (iii) Favorable opinions of counsel (which may be in-house counsel) for Altria, substantially in the form of Exhibits E-1 and E-2 hereto.

  
 (iv) A favorable opinion of Simpson Thacher
& Bartlett LLP, counsel for JPMorgan Chase, as Administrative Agent, substantially in the form of Exhibit G hereto. 
  
 (v) A certificate of the chief financial officer or treasurer of Altria certifying that as of December 31, 2004 (A) the aggregate amount
of Debt (excluding all Debt incurred in connection with leasing, sale and leaseback and structured finance transactions conducted in the ordinary course of business of Philip Morris Capital Corporation that is without recourse to the general credit
or assets of Altria and its Major Subsidiaries), payment of which is secured by any Lien referred to in clause (iii) of Section 5.02(a), does not exceed $400,000,000, and (B) the aggregate amount of Debt included in clause (A) of this subsection
(v), payment of which is secured by any Lien referred to in clause (iv) of Section 5.02(a), does not exceed $200,000,000. 
  

 31 

 (f) This Agreement shall have been executed by Altria, JPMorgan Chase and Citibank, as
Administrative Agents, Credit Suisse First Boston, Cayman Islands Branch and Deutsche Bank Securities Inc., as Syndication Agents, and ABN AMRO Bank N.V., BNP Paribas, HSBC Bank USA, National Association and UBS Securities LLC, as Arrangers and
Documentation Agents, and JPMorgan Chase, as Administrative Agent, shall have been notified by each Initial Lender that such Initial Lender has executed this Agreement. 
  
 JPMorgan Chase, as Administrative Agent, shall notify Altria and the Initial Lenders of the date which is the Effective Date upon
satisfaction of all of the conditions precedent set forth in this Section 3.01. For purposes of determining compliance with the conditions specified in this Section 3.01, each Lender shall be deemed to have consented to, approved or accepted or to
be satisfied with each document or other matter required thereunder to be consented to or approved by or acceptable or satisfactory to the Lenders unless an officer of JPMorgan Chase, as Administrative Agent, responsible for the transactions
contemplated by this Agreement shall have received notice from such Lender prior to the date that Altria, by notice to the Lenders, designates as the proposed Effective Date, specifying its objection thereto. 
  
 Section 3.02. Initial Advance to Each Designated Subsidiary. The
obligation of each Lender to make an initial Advance to each Designated Subsidiary following any designation of such Designated Subsidiary as a Borrower hereunder pursuant to Section 9.08 is subject to the receipt by JPMorgan Chase, as
Administrative Agent, on or before the date of such initial Advance of each of the following, in form and substance satisfactory to JPMorgan Chase, as Administrative Agent, and dated such date, and in sufficient copies for each Lender: 

 
 (a) Certified copies of the resolutions of the Board of
Directors of such Designated Subsidiary (with a certified English translation if the original thereof is not in English) approving this Agreement, and of all documents evidencing other necessary corporate action and governmental approvals, if any,
with respect to this Agreement. 
  
 (b) A
certificate of a proper officer of such Designated Subsidiary certifying the names and true signatures of the officers of such Designated Subsidiary authorized to sign this Agreement and the other documents to be delivered hereunder. 
  
 (c) A certificate signed by a duly authorized officer of the
Designated Subsidiary, dated as of the date of such initial Advance, certifying that such Designated Subsidiary shall have obtained all governmental and third party authorizations, consents, approvals (including exchange control approvals) and
licenses required under applicable laws and regulations necessary for such Designated Subsidiary to execute and deliver this Agreement and to perform its obligations thereunder. 
  
 (d) The Designation Agreement of such Designated Subsidiary, substantially in the form of Exhibit D hereto.

  

 32 

 (e) A favorable opinion of counsel (which may be in-house counsel) to such Designated
Subsidiary, dated the date of such initial Advance, covering, to the extent customary and appropriate for the relevant jurisdiction, the opinions outlined on Exhibit F hereto. 
  
 (f) Such other approvals, opinions or documents as any Lender, through JPMorgan Chase, as Administrative
Agent, may reasonably request. 
  
 Section 3.03. Conditions
Precedent to Each Pro Rata Borrowing. The obligation of each Lender to make a Pro Rata Advance on the occasion of each Pro Rata Borrowing is subject to the conditions precedent that the Effective Date shall have occurred and on the date of such
Pro Rata Borrowing the following statements shall be true, and the acceptance by the Borrower of the proceeds of such Pro Rata Borrowing shall be a representation by such Borrower or Altria, as the case may be, that: 
  
 (a) the representations and warranties contained in Section
4.01 (except the representations set forth in the last sentence of subsection (e) and in subsection (f) thereof (other than clause (i) thereof)) are correct on and as of the date of such Pro Rata Borrowing, before and after giving effect to such Pro
Rata Borrowing and to the application of the proceeds therefrom, as though made on and as of such date, and, if such Pro Rata Borrowing shall have been requested by a Designated Subsidiary, the representations and warranties of such Designated
Subsidiary contained in its Designation Agreement are correct on and as of the date of such Pro Rata Borrowing, before and after giving effect to such Pro Rata Borrowing and to the application of the proceeds therefrom, as though made on and as of
such date; 
  
 (b) after giving effect to the
application of the proceeds of all Borrowings on such date (together with any other resources of the Borrower applied together therewith) no event has occurred and is continuing, or would result from such Pro Rata Borrowing, that constitutes a
Default or Event of Default; and 
  
 (c) if such
Pro Rata Borrowing is in an aggregate principal amount equal to or greater than $500,000,000 and is being made in connection with any purchase of shares of such Borrower’s or Altria’s capital stock or the capital stock of any other Person,
or any purchase of all or substantially all of the assets of any Person (whether in one transaction or a series of transactions) or any transaction of the type referred to in Section 5.02(b), the statement in (b) above shall also be true on a pro
forma basis as if such transaction or purchase shall have been completed. 
  
 Section 3.04. Conditions Precedent to Each Competitive Bid Borrowing. The obligation of each Lender that is to make a Competitive Bid Advance on the occasion of a Competitive Bid Borrowing is subject to the
conditions precedent that (i) JPMorgan Chase, as Administrative Agent, shall have received the written confirmatory Notice of Competitive Bid Borrowing with respect thereto, (ii) on or before the date of such Competitive Bid Borrowing, but prior to
such Competitive Bid Borrowing, JPMorgan Chase, as Administrative Agent, shall 
  

 33 

 have received a Competitive Bid Note payable to the order of such Lender for each of the one or more Competitive Bid
Advances to be made by such Lender as part of such Competitive Bid Borrowing, in a principal amount equal to the principal amount of the Competitive Bid Advance to be evidenced thereby and otherwise on such terms as were agreed to for such
Competitive Bid Advance in accordance with Section 2.07, and (iii) on the date of such Competitive Bid Borrowing the following statements shall be true, and the acceptance by the Borrower of the proceeds of such Competitive Bid Borrowing shall be a
representation by such Borrower or Altria, as the case may be, that: 
  
 (a) the representations and warranties contained in Section 4.01 are correct on and as of the date of such Competitive Bid Borrowing, before and after giving effect to such Competitive Bid Borrowing and to the
application of the proceeds therefrom, as though made on and as of such date, and, if such Competitive Bid Borrowing shall have been requested by a Designated Subsidiary, the representations and warranties of such Designated Subsidiary contained in
its Designation Agreement are correct on and as of the date of such Competitive Bid Borrowing, before and after giving effect to such Competitive Bid Borrowing and to the application of the proceeds therefrom, as though made on and as of such date,
and 
  
 (b) after giving effect to the
application of the proceeds of all Borrowings on such date (together with any other resources of the Borrower applied together therewith), no event has occurred and is continuing, or would result from such Competitive Bid Borrowing that constitutes
a Default or Event of Default. 
  
 ARTICLE IV 
  
 REPRESENTATIONS AND WARRANTIES 
  
 Section 4.01. Representations and Warranties of Altria. Altria
represents and warrants as follows: 
  
 (a) It is
a corporation duly organized, validly existing and in good standing under the laws of Virginia. 
  
 (b) The execution, delivery and performance of this Agreement and the Notes to be delivered by it are within its corporate powers, have
been duly authorized by all necessary corporate action, and do not contravene (i) its charter or by-laws or (ii) in any material respect, any law, rule, regulation or order of any court or governmental agency or any contractual restriction binding
on or affecting it. 
  
 (c) No authorization or
approval or other action by, and no notice to or filing with, any governmental authority or regulatory body is required for the due execution, delivery and performance by it of this Agreement or the Notes to be delivered by it. 
  

 34 

 (d) This Agreement is, and each of the Notes to be delivered by it when delivered
hereunder will be, a legal, valid and binding obligation of Altria enforceable against Altria in accordance with its terms, subject to the effect of any applicable bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and other
laws affecting creditors’ rights generally and subject, as to enforceability, to general principles of equity (regardless of whether enforcement is sought in a proceeding in equity or at law) and an implied covenant of good faith and fair
dealing. 
  
 (e) As reported in Altria’s
Annual Report on Form 10-K for the year ended December 31, 2004, the consolidated balance sheets of Altria and its Subsidiaries as of December 31, 2004 and the consolidated statements of earnings of Altria and its Subsidiaries for the year then
ended fairly present, in all material respects, the consolidated financial position of Altria and its Subsidiaries as at such date and the consolidated results of the operations of Altria and its Subsidiaries for the year ended on such date, all in
accordance with accounting principles generally accepted in the United States. Except as disclosed in Altria’s Annual Report on Form 10-K for the year ended December 31, 2004, and in any Current Report on Form 8-K filed subsequent to December
31, 2004 but prior to April 15, 2005, since December 31, 2004 there has been no material adverse change in such position or operations. 
  
 (f) There is no pending or threatened action or proceeding affecting it or any of its Subsidiaries before any court, governmental agency
or arbitrator (a “Proceeding”) (i) that purports to affect the legality, validity or enforceability of this Agreement or (ii) except for Proceedings disclosed in Altria’s Annual Report on Form 10-K for the year ended December
31, 2004, any Current Report on Form 8-K filed subsequent to December 31, 2004 but prior to April 15, 2005 and, with respect to Proceedings commenced after the date of the most recent such document but prior to April 15, 2005, a certificate
delivered to the Lenders, that may materially adversely affect the financial position or results of operations of Altria and its Subsidiaries taken as a whole. 
  

(g) It owns directly or indirectly 100% of the capital stock of each other Borrower. 
  
 (h) None of the proceeds of any Advance will be used,
directly or indirectly, for the purpose of purchasing or carrying any Margin Stock or for the purpose of reducing or retiring any indebtedness which was originally incurred to purchase or carry any Margin Stock or for any other purpose that would
constitute the Advances as a “purpose credit” within the meaning of Regulation U and, in each case, would constitute a violation of Regulation U. 
  

 35 

 ARTICLE V 
  
 COVENANTS OF ALTRIA 
  
 Section 5.01. Affirmative Covenants. So long as any Advance shall remain unpaid or any Lender shall have any Commitment hereunder, Altria will:

  
 (a) Compliance with Laws, Etc. Comply,
and cause each Major Subsidiary to comply, in all material respects, with all applicable laws, rules, regulations and orders (such compliance to include, without limitation, complying with ERISA and paying before the same become delinquent all
taxes, assessments and governmental charges imposed upon it or upon its property except to the extent contested in good faith), noncompliance with which would materially adversely affect the financial condition or operations of Altria and its
Subsidiaries taken as a whole. 
  
 (b)
Maintenance of Ratio of Earnings Before Income Taxes to Fixed Charges. Prior to effectiveness of the Spin-off Transaction, maintain a ratio of aggregate consolidated Earnings Before Income Taxes for the four most recent fiscal quarters for
which consolidated statements of earnings have been delivered pursuant to Section 5.01(d)(i) or (ii) hereof to consolidated Fixed Charges for such four most recent fiscal quarters of not less than 2.5 to 1.0; provided that an amount or
amounts up to an aggregate of $5,000,000,000 expensed by Altria (or any Subsidiary thereof) in connection with the settlement of tobacco-related litigation or for bonding or other similar expenses incurred in order to obtain a stay of execution,
during the applicable four-quarter period, will not be included in such calculation. 
  
 (c) Maintenance of Ratios in the Event of a Spin-off Transaction. Upon effectiveness of the Spin-off Transaction: 
  
 (i) Maintenance of Ratio of Debt to EBITDA. Maintain
a ratio of aggregate consolidated Debt as of the last day of the most recent fiscal quarter for which consolidated financial statements have been delivered pursuant to Section 5.01(d)(i) or (ii) hereof to Consolidated EBITDA for the four consecutive
fiscal quarter period ending on such date of not more than 2.5 to 1.0 (calculated after giving pro forma effect to the Spin-off Transaction and the reduction of Debt during the four-quarter period prior to the Spin-off Transaction); provided
that such ratio shall be tested for the first time at the end of the fiscal quarter in which the Spin-off Transaction becomes effective. 
  
 (ii) Maintenance of Ratio of Consolidated EBITDA to Consolidated Interest Expense. Maintain a ratio of Consolidated EBITDA for the
four most recent fiscal quarters for which consolidated financial statements have been delivered pursuant to Section 5.01(d)(i) or (ii) hereof to Consolidated Interest Expense for such four most recent fiscal quarters of not less than 4.0 to 1.0
(calculated after giving pro forma effect to the Spin-off Transaction); provided 

  

 36 

 
that such ratio shall be tested for the first time at the end of the fiscal quarter in which the Spin-off Transaction becomes effective. 
  
 (d) Reporting Requirements. Furnish to the Lenders:

  
 (i) as soon as available and in any event
within 60 days after the end of each of the first three quarters of each fiscal year of Altria, an unaudited interim condensed consolidated balance sheet of Altria and its Subsidiaries as of the end of such quarter and unaudited interim condensed
consolidated statements of earnings of Altria and its Subsidiaries for the period commencing at the end of the previous fiscal year and ending with the end of such quarter, certified by the chief financial officer of Altria; 
  
 (ii) as soon as available and in any event within 100 days
after the end of each fiscal year of Altria, a copy of the consolidated financial statements for such year for Altria and its Subsidiaries, audited by PricewaterhouseCoopers LLP (or other independent auditors which, as of the date of this Agreement,
are one of the “big four” accounting firms); 
  
 (iii) all reports which Altria sends to any of its shareholders, and copies of all reports on Form 8-K (or any successor forms adopted by the Securities and Exchange Commission) which Altria files with the Securities and Exchange
Commission; 
  
 (iv) as soon as possible and in
any event within five days after the occurrence of each Event of Default and each event which, with the giving of notice or lapse of time, or both, would constitute an Event of Default, continuing on the date of such statement, a statement of the
chief financial officer or treasurer of Altria setting forth details of such Event of Default or event and the action which Altria has taken and proposes to take with respect thereto; 
  
 (v) during the period when compliance with Section 5.01(c) is required hereunder and within 60 days of the
end of each fiscal quarter of Altria, a statement of the chief financial officer or treasurer of Altria certifying compliance with the requirements of Section 5.01(c) and setting forth the relevant calculations; and 
  
 (vi) such other information respecting the condition or
operations, financial or otherwise, of Altria or any Major Subsidiary as any Lender through JPMorgan Chase, as Administrative Agent, may from time to time reasonably request. 
  
 In lieu of furnishing the Lenders the items referred to in clauses (i), (ii) and (iii) above, Altria may make such items available on the
internet at www.altria.com (which website includes an option to subscribe to a free service alerting subscribers by e-mail of new Securities and 

  

 37 

 
Exchange Commission filings) or any successor or replacement website thereof, or by similar electronic means. 
  
 Section 5.02. Negative Covenants. So long as any Advance shall remain
unpaid or any Lender shall have any Commitment hereunder, Altria will not: 
  
 (a) Liens, Etc. Create or suffer to exist, or permit any Major Subsidiary to create or suffer to exist, any lien, security interest or other charge or encumbrance (other than operating leases and licensed
intellectual property), or any other type of preferential arrangement (“Liens”), upon or with respect to any of its properties, whether now owned or hereafter acquired, or assign, or permit any Major Subsidiary to assign, any right
to receive income, in each case to secure or provide for the payment of any Debt of any Person, other than: 
  
 (i) Liens upon or in property acquired or held by it or any Major Subsidiary in the ordinary course of business to secure the purchase
price of such property or to secure indebtedness incurred solely for the purpose of financing the acquisition of such property; 
  
 (ii) Liens existing on property at the time of its acquisition (other than any such lien or security interest created in contemplation of
such acquisition); 
  
 (iii) Liens existing on
the date hereof securing Debt; 
  
 (iv) Liens on
property financed through the issuance of industrial revenue bonds in favor of the holders of such bonds or any agent or trustee therefor; 
  
 (v) Liens existing on property of any Person acquired by Altria or any Major Subsidiary; 
  
 (vi) Liens securing Debt in an aggregate amount not in
excess of 15% of Consolidated Tangible Assets; 
  
 (vii) Liens upon or with respect to “margin stock” as that term is defined in Regulation U; 
  
 (viii) Liens in favor of Altria or any Major Subsidiary; 
  
 (ix) Liens in connection with leasing, sale and leaseback and structured finance transactions conducted in
the ordinary course of business of Philip Morris Capital Corporation, provided that any such Liens that secure the payment of Debt are without recourse to the general credit or assets of Altria and its Major Subsidiaries; 
  

 38 

 (x) precautionary Liens provided by Altria or any Major Subsidiary in connection with the
sale, assignment, transfer or other disposition of assets by Altria or such Major Subsidiary which transaction is determined by the Board of Directors of Altria or such Major Subsidiary to constitute a “sale” under accounting principles
generally accepted in the United States; or 
  
 (xi) any extension, renewal or replacement of the foregoing, provided that (A) such Lien does not extend to any additional assets (other than a substitution of like assets), and (B) the amount of Debt secured by any such Lien is not
increased. 
  
 (b) Mergers, Etc.
Consolidate with or merge into, or convey or transfer its properties and assets substantially as an entirety to, any Person, or permit any Subsidiary directly or indirectly owned by it to do so, unless, immediately after giving effect thereto, no
Default or Event of Default would exist and, in the case of any merger or consolidation to which it is a party, the surviving corporation is Altria or was a Subsidiary of Altria immediately prior to such merger or consolidation, which is organized
and existing under the laws of the United States of America or any State thereof, or the District of Columbia. The surviving corporation of any merger or consolidation involving Altria or any other Borrower shall assume all of Altria’s or such
Borrower’s obligations under this Agreement (including without limitation with respect to Altria’s obligations, the covenants set forth in Article V) by the execution and delivery of an instrument in form and substance satisfactory to the
Required Lenders. 
  
 ARTICLE VI 
  
 EVENTS OF DEFAULT 
  
 Section 6.01. Events of Default. Each of the following events (each an
“Event of Default”) shall constitute an Event of Default: 
  
 (a) Any Borrower or Altria shall fail to pay any principal of any Advance when the same becomes due and payable; or any Borrower shall fail to pay interest on any Advance, or Altria shall fail to pay any fees payable
under Section 2.09, within ten days after the same becomes due and payable; or 
  
 (b) Any representation or warranty made or deemed to have been made by any Borrower or Altria herein or by any Borrower or Altria (or any
of their respective officers) in connection with this Agreement shall prove to have been incorrect in any material respect when made or deemed to have been made; or 
  
 (c) Any Borrower or Altria shall fail to perform or observe (i) any term, covenant or agreement contained in
Section 5.01(b) or 5.02(b), (ii) any term, covenant or agreement contained in Section 5.02(a) if such failure shall remain unremedied for 15 days after written notice thereof shall have been given to Altria by JPMorgan Chase, as 
  

 39 

 Administrative Agent, or any Lender or (iii) any other term, covenant or agreement contained in this
Agreement on its part to be performed or observed if such failure shall remain unremedied for 30 days after written notice thereof shall have been given to Altria by JPMorgan Chase, as Administrative Agent, or any Lender; or 
  
 (d) Any Borrower or Altria or any Major Subsidiary shall
fail to pay any principal of or premium or interest on any Debt which is outstanding in a principal amount of at least $100,000,000 in the aggregate (but excluding Debt arising under this Agreement) of such Borrower or Altria or such Major
Subsidiary (as the case may be), when the same becomes due and payable (whether by scheduled maturity, required prepayment, acceleration, demand or otherwise), and such failure shall continue after the applicable grace period, if any, specified in
the agreement or instrument relating to such Debt unless adequate provision for any such payment has been made in form and substance satisfactory to the Required Lenders; or any Debt of any Borrower or Altria or any Major Subsidiary which is
outstanding in a principal amount of at least $100,000,000 in the aggregate (but excluding Debt arising under this Agreement) shall be declared to be due and payable, or required to be prepaid (other than by a scheduled required prepayment),
redeemed, purchased or defeased, or an offer to prepay, redeem, purchase or defease such Debt shall be required to be made, in each case prior to the stated maturity thereof unless adequate provision for the payment of such Debt has been made in
form and substance satisfactory to the Required Lenders; or 
  
 (e) Any Borrower or Altria or any Major Subsidiary shall generally not pay its debts as such debts become due, or shall admit in writing its inability to pay its debts generally, or shall make a general assignment for
the benefit of creditors; or any proceeding shall be instituted by or against any Borrower or Altria or any Major Subsidiary seeking to adjudicate it a bankrupt or insolvent, or seeking liquidation, winding up, reorganization, arrangement,
adjustment, protection, relief, or composition of it or its debts under any law relating to bankruptcy, insolvency or reorganization or relief of debtors, or seeking the entry of an order for relief or the appointment of a receiver, trustee, or
other similar official for it or for any substantial part of its property, and, in the case of any such proceeding instituted against it (but not instituted by it), either such proceeding shall remain undismissed or unstayed for a period of 60 days
or any of the actions sought in such proceeding (including, without limitation, the entry of an order for relief against it or the appointment of a receiver, trustee, custodian or other similar official for it or for any of its property constituting
a substantial part of the property of Altria and its Subsidiaries taken as a whole) shall occur; or any Borrower or Altria or any Major Subsidiary shall take any corporate action to authorize any of the actions set forth above in this subsection
(e); or 
  
 (f) Any judgment or order for the
payment of money in excess of $100,000,000 shall be rendered against any Borrower or Altria or any Major Subsidiary and there shall be any period of 60 consecutive days during which a stay of enforcement of such unsatisfied judgment or order, by
reason of a pending appeal or otherwise, shall not be in effect; provided that such 60-day stay period shall be extended for a period not 
  

 40 

 to exceed an additional 120 days if (i) Altria, such Borrower or such Major Subsidiary is contesting such
judgment or enforcement of such judgment in good faith, unless, with respect only to judgments or orders rendered outside the United States, such action is not reasonably required to protect its respective assets from levy or garnishment, and (ii)
no assets with a fair market value in excess of $100,000,000 of Altria, such Borrower or such Major Subsidiary have been levied upon or garnished to satisfy such judgment; provided, further, that such 60-day stay period shall be
further extended for any judgment or order rendered outside the United States until such time as the conditions in clauses (i) or (ii) are no longer satisfied; or 
  
 (g) Any Borrower, Altria or any ERISA Affiliate shall incur, or shall be reasonably likely to incur,
liability in excess of $500,000,000 in the aggregate as a result of one or more of the following: (i) the occurrence of any ERISA Event; (ii) the partial or complete withdrawal of any Borrower, Altria or any ERISA Affiliate from a Multiemployer
Plan; or (iii) the reorganization or termination of a Multiemployer Plan; provided, however, that no Default or Event of Default under this Section 6.01(g) shall be deemed to have occurred if the Borrower, Altria or any ERISA Affiliate
shall have made arrangements satisfactory to the PBGC or the Required Lenders to discharge or otherwise satisfy such liability (including the posting of a bond or other security); or 
  
 (h) So long as any Subsidiary of Altria is a Designated Subsidiary, the guaranty provided by Altria under
Article VIII hereof shall for any reason cease to be valid and binding on Altria or Altria shall so state in writing. 
  
 Section 6.02. Lenders’ Rights upon Event of Default. If an Event of Default occurs or is continuing, then JPMorgan Chase, as Administrative
Agent, shall at the request, or may with the consent, of the Required Lenders, by notice to Altria and the Borrowers: 
  
 (a) declare the obligation of each Lender to make further Advances to be terminated, whereupon the same shall forthwith terminate, and

  
 (b) declare all the Advances then
outstanding, all interest thereon and all other amounts payable under this Agreement to be forthwith due and payable, whereupon the Advances then outstanding, all such interest and all such amounts shall become and be forthwith due and payable,
without presentment, demand, protest or further notice of any kind, all of which are hereby expressly waived by the Borrowers; 
  
 provided, however, that in the event of an actual or deemed entry of an order for relief with respect to any Borrower under the Federal Bankruptcy Code, (i)
the obligation of each Lender to make Advances shall automatically be terminated and (ii) the Advances then outstanding, all such interest and all such amounts shall automatically become and be due and payable, without presentment, demand, protest
or any notice of any kind, all of which are hereby expressly waived by the Borrowers. 
  

 41 

 ARTICLE VII 
  
 THE ADMINISTRATIVE AGENTS 
  
 Section 7.01. Authorization and Action. Each Lender hereby appoints and authorizes the Administrative Agents to take such action as agent on its
behalf and to exercise such powers and discretion under this Agreement as are delegated to the Administrative Agents by the terms hereof, together with such powers and discretion as are reasonably incidental thereto. As to any matters not expressly
provided for by this Agreement (including, without limitation, enforcement or collection of the Notes), the Administrative Agents shall not be required to exercise any discretion or take any action, but shall be required to act or to refrain from
acting (and shall be fully protected in so acting or refraining from acting) upon the instructions of the Required Lenders, and such instructions shall be binding upon all Lenders and all holders of Notes; provided, however, that no
Administrative Agent shall be required to take any action that exposes such Administrative Agent to personal liability or that is contrary to this Agreement or applicable law. Each of the Administrative Agents agrees to give to each Lender prompt
notice of each notice given to it by Altria or any Borrower as required by the terms of this Agreement or at the request of Altria or such Borrower, and any notice provided pursuant to Section 5.01(d)(iv). 
  
 Section 7.02. Administrative Agents’ Reliance, Etc. Neither the
Administrative Agents nor any of their directors, officers, agents or employees shall be liable for any action taken or omitted to be taken by it or them under or in connection with this Agreement, except for its or their own gross negligence or
willful misconduct. Without limitation of the generality of the foregoing, the Administrative Agents: 
  
 (a) may treat the Lender that made any Advance as the holder of the Debt resulting therefrom until JPMorgan Chase, as Administrative
Agent, receives and accepts an Assignment and Acceptance entered into by such Lender, as assignor, and an Eligible Assignee, as assignee, as provided in Section 9.07; 
  
 (b) may consult with legal counsel (including counsel for Altria or any Borrower), independent public
accountants and other experts selected by it and shall not be liable for any action taken or omitted to be taken in good faith by it in accordance with the advice of such counsel, accountants or experts; 
  
 (c) make no warranty or representation to any Lender and
shall not be responsible to any Lender for any statements, warranties or representations (whether written or oral) made in or in connection with this Agreement; 
  
 (d) shall not have any duty to ascertain or to inquire as to the performance or observance of any of the
terms, covenants or conditions of this Agreement on the part of Altria or any Borrower or to inspect the property (including the books and records) of Altria or such Borrower; 
  

 42 

 (e) shall not be responsible to any Lender for the due execution, legality, validity,
enforceability, genuineness, sufficiency or value of this Agreement or any other instrument or document furnished pursuant hereto; and 
  
 (f) shall incur no liability under or in respect of this Agreement by acting upon any notice, consent, certificate or other instrument or
writing (which may be by telecopier, telegram or telex) believed by it to be genuine and signed or sent by the proper party or parties. 
  
 Section 7.03. JPMorgan Chase, Citibank and Affiliates. With respect to its Commitment and the Advances made by it, each of JPMorgan Chase and
Citibank shall have the same rights and powers under this Agreement as any other Lender and may exercise the same as though it were not an Administrative Agent; and the term “Lender” or “Lenders” shall, unless otherwise expressly
indicated, include JPMorgan Chase and Citibank in their individual capacities. JPMorgan Chase and Citibank and their affiliates may accept deposits from, lend money to, act as trustee under indentures of, accept investment banking engagements from
and generally engage in any kind of business with, Altria, any Borrower, any of its Subsidiaries and any Person who may do business with or own securities of Altria, any Borrower or any such Subsidiary, all as if JPMorgan Chase and Citibank were not
Administrative Agents and without any duty to account therefor to the Lenders. 
  
 Section 7.04. Lender Credit Decision. Each Lender acknowledges that it has, independently and without reliance upon either Administrative Agent, either Syndication Agent, any Arranger and Documentation Agent,
or any other Lender and based on the financial statements referred to in Section 4.01 and such other documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement. Each Lender also
acknowledges that it will, independently and without reliance upon any Administrative Agent, Syndication Agent, Arranger and Documentation Agent, or any other Lender and based on such documents and information as it shall deem appropriate at the
time, continue to make its own credit decisions in taking or not taking action under this Agreement. 
  
 Section 7.05. Indemnification. The Lenders agree to indemnify each Administrative Agent (to the extent not reimbursed by Altria or the Borrowers),
ratably according to the respective principal amounts of the Pro Rata Advances then owing to each of them (or if no Pro Rata Advances are at the time outstanding, ratably according to the respective amounts of their Commitments), from and against
any and all liabilities, obligations, losses, damages, penalties, actions, judgments, suits, costs, expenses or disbursements of any kind or nature whatsoever that may be imposed on, incurred by, or asserted against such Administrative Agent in any
way relating to or arising out of this Agreement or any action taken or omitted by such Administrative Agent under this Agreement (collectively, the “Indemnified Costs”), provided that no Lender shall be liable for any
portion of the Indemnified Costs resulting from such Administrative Agent’s gross negligence or willful misconduct. Without limitation of the foregoing, each Lender agrees to reimburse such Administrative Agent promptly upon demand for its
ratable share of any out-of-pocket expenses (including counsel fees) incurred by such Administrative Agent in connection with the preparation, execution, delivery, administration, 
  

 43 

 modification, amendment or enforcement (whether through negotiations, legal proceedings or otherwise) of, or legal advice
in respect of rights or responsibilities under, this Agreement, to the extent that such Administrative Agent is not reimbursed for such expenses by Altria or the Borrowers. In the case of any investigation, litigation or proceeding giving rise to
any Indemnified Costs, this Section 7.05 applies whether any such investigation, litigation or proceeding is brought by any Administrative Agent, any Lender or a third party. 
  
 Section 7.06. Successor Administrative Agents. An Administrative Agent may resign at any time by giving written
notice thereof to the Lenders and Altria and may be removed at any time with or without cause by the Required Lenders. Upon the resignation or removal of JPMorgan Chase, as Administrative Agent, Citibank, as Administrative Agent, shall succeed to
and become vested with all the rights, powers, discretion, privileges and duties of JPMorgan Chase, as Administrative Agent, and JPMorgan Chase, as Administrative Agent shall be discharged from its duties and obligations under this Agreement. Upon
any other such resignation or removal which results in there being no Administrative Agent hereunder, the Required Lenders shall have the right to appoint a successor Administrative Agent. If no successor Administrative Agent shall have been so
appointed by the Required Lenders, and shall have accepted such appointment, within 30 days after the retiring Administrative Agent’s giving of notice of resignation or the Required Lenders’ removal of the retiring Administrative Agent,
then the retiring Administrative Agent may, on behalf of the Lenders, appoint a successor Administrative Agent, which shall be a commercial bank organized under the laws of the United States of America or of any State thereof and having a combined
capital and surplus of at least $500,000,000. Upon the acceptance of any appointment as Administrative Agent hereunder by a successor Administrative Agent, such successor Administrative Agent shall thereupon succeed to and become vested with all the
rights, powers, discretion, privileges and duties of the retiring Administrative Agent, and the retiring Administrative Agent shall be discharged from its duties and obligations under this Agreement. After any retiring Administrative Agent’s
resignation or removal hereunder as Administrative Agent, the provisions of this Article VII shall inure to its benefit as to any actions taken or omitted to be taken by it while it was Administrative Agent under this Agreement. 
  
 Section 7.07. Syndication Agents and Arrangers and Documentation
Agents. Credit Suisse First Boston, Cayman Islands Branch and Deutsche Bank Securities Inc. have been designated as Syndication Agents, and ABN AMRO Bank N.V., BNP Paribas, HSBC Bank USA, National Association and UBS Securities LLC have been
designated as Arrangers and Documentation Agents, under this Agreement, but the use of such titles does not impose on any of them any duties or obligations greater than those of any other Lender. 
  
 ARTICLE VIII 
  
 GUARANTY 
  
 Section 8.01. Guaranty. Altria hereby unconditionally and irrevocably guarantees (the undertaking of Altria contained in this Article VIII being
the “Guaranty”) the punctual payment when due, whether at stated maturity, by acceleration or otherwise, of all 
  

 44 

 obligations of each Borrower now or hereafter existing under this Agreement, whether for principal, interest, fees,
expenses or otherwise (such obligations being the “Obligations”), and any and all expenses (including counsel fees and expenses) incurred by JPMorgan Chase, as Administrative Agent, or the Lenders in enforcing any rights under the
Guaranty. 
  
 Section 8.02. Guaranty Absolute. Altria
guarantees that the Obligations will be paid strictly in accordance with the terms of this Agreement, regardless of any law, regulation or order now or hereafter in effect in any jurisdiction affecting any of such terms or the rights of JPMorgan
Chase, as Administrative Agent, or the Lenders with respect thereto. The liability of Altria under this Guaranty shall be absolute and unconditional irrespective of: 
  
 (a) any lack of validity, enforceability or genuineness of any provision of this Agreement or any other
agreement or instrument relating thereto; 
  
 (b)
any change in the time, manner or place of payment of, or in any other term of, all or any of the Obligations, or any other amendment or waiver of or any consent to departure from this Agreement; 
  
 (c) any exchange, release or non-perfection of any
collateral, or any release or amendment or waiver of or consent to departure from any other guaranty, for all or any of the Obligations; or 
  
 (d) any other circumstance which might otherwise constitute a defense available to, or a discharge of, a Borrower or Altria. 

 
 This Guaranty shall continue to be effective or be reinstated, as the case
may be, if at any time any payment of any of the Obligations is rescinded or must otherwise be returned by JPMorgan Chase, as Administrative Agent, or any Lender upon the insolvency, bankruptcy or reorganization of a Borrower or otherwise, all as
though such payment had not been made. 
  
 Section 8.03.
Waivers. (a) Altria hereby waives promptness, diligence, notice of acceptance and any other notice with respect to any of the Obligations and this Guaranty and any requirement that JPMorgan Chase, as Administrative Agent, or any Lender
protect, secure, perfect or insure any security interest or lien or any property subject thereto or exhaust any right or take any action against a Borrower or any other Person or any collateral. 
  
 (b) Altria hereby irrevocably waives any claims or other rights that it may
now or hereafter acquire against any Borrower that arise from the existence, payment, performance or enforcement of Altria’s obligations under this Guaranty or this Agreement, including, without limitation, any right of subrogation,
reimbursement, exoneration, contribution or indemnification and any right to participate in any claim or remedy of JPMorgan Chase, as Administrative Agent, or any Lender against such Borrower or any collateral, whether or not such claim, remedy or
right arises in equity or under contract, statute or common law, including, without limitation, the right to take or receive from such Borrower, directly or indirectly, in cash or other property or by set-off or in any other manner, payment or
security on account of such claim, remedy or right. If 
  

 45 

 any amount shall be paid to Altria in violation of the preceding sentence at any time prior to the later of the cash
payment in full of the Obligations and all other amounts payable under this Guaranty and the Termination Date, such amount shall be held in trust for the benefit of JPMorgan Chase, as Administrative Agent, and the Lenders and shall forthwith be paid
to JPMorgan Chase, as Administrative Agent, to be credited and applied to the Obligations and all other amounts payable under this Guaranty, whether matured or unmatured, in accordance with the terms of this Agreement and this Guaranty, or to be
held as collateral for any Obligations or other amounts payable under this Guaranty thereafter arising. Altria acknowledges that it will receive direct and indirect benefits from the financing arrangements contemplated by this Agreement and this
Guaranty and that the waiver set forth in this Section 8.03(b) is knowingly made in contemplation of such benefits. 
  
 Section 8.04. Continuing Guaranty. This Guaranty is a continuing guaranty and shall (a) remain in full force and effect until payment in full
(after the Termination Date) of the Obligations and all other amounts payable under this Guaranty, (b) be binding upon Altria, its successors and assigns, and (c) inure to the benefit of and be enforceable by the Lenders, JPMorgan Chase, as
Administrative Agent, and their respective successors, transferees and assigns. 
  
 ARTICLE IX 
  
 MISCELLANEOUS

  
 Section 9.01. Amendments, Etc. No amendment or waiver
of any provision of this Agreement, nor consent to any departure by any Borrower or Altria therefrom, shall in any event be effective unless the same shall be in writing and signed by the Required Lenders, and then such waiver or consent shall be
effective only in the specific instance and for the specific purpose for which given; provided, however, that no amendment, waiver or consent shall, unless in writing and signed by all the Lenders affected thereby, do any of the
following: (a) waive any of the conditions specified in Sections 3.01 and 3.02, (b) increase the Commitments of the Lenders or subject the Lenders to any additional obligations, (c) reduce the principal of, or interest on, the Pro Rata Advances or
any fees or other amounts payable hereunder, (d) postpone any date fixed for any payment of principal of, or interest on, the Pro Rata Advances or any fees or other amounts payable hereunder, (e) change the percentage of the Commitments or of the
aggregate unpaid principal amount of the Pro Rata Advances, or the number of Lenders, that shall be required for the Lenders or any of them to take any action hereunder, (f) release Altria from any of its obligations under Article VIII or (g) amend
this Section 9.01; provided further that no waiver of the conditions specified in Section 3.04 in connection with any Competitive Bid Borrowing shall be effective unless consented to by all Lenders making Competitive Bid Advances as
part of such Competitive Bid Borrowing; and provided further that no amendment, waiver or consent shall, unless in writing and signed by JPMorgan Chase, as Administrative Agent, in addition to the Lenders required above to take such
action, affect the rights or duties of JPMorgan Chase, as Administrative Agent, under this Agreement or any Pro Rata Advance. 
  

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 Section 9.02. Notices, Etc. (a) Addresses. All notices and other communications provided
for hereunder shall be in writing (including telecopier communication) and mailed, telecopied, or delivered, as follows: 
  
 if to any Borrower: 
  
 c/o Altria Group, Inc. 
 120 Park Avenue

 New York, New York 10017 
 Attention: Vice President and Treasurer 
 Fax number: (917) 663-5067; 
  
 with a copy to: 
  
 Altria Corporate Services, Inc. 
 120 Park
Avenue 
 New York, New York 10017 
 Attention: Treasury Department - Debt Administration 
 Fax number: (917) 663-5345; 
  
 if to Altria, as guarantor: 
  
 Altria Group, Inc. 
 120 Park Avenue 
 New York, New York 10017

 Attention: Secretary 
 Fax
number: (917) 663-5372; 
  
 if to any Initial Lender, at its
Domestic Lending Office specified opposite its name on Schedule I hereto; 
  
 if to any other Lender, at its Domestic Lending Office specified in the Assignment and Acceptance pursuant to which it became a Lender; 
  
 if to JPMorgan Chase, as Administrative Agent: 
  
 c/o JPMorgan Chase Bank, N.A. 
 270 Park Avenue, 4th Floor 
 New York, New York 10017 
 Attention: Robert
Sacks 
 Fax number: (212) 270-6637; 
  
 with a copy to: 
  
 JPMorgan Chase Bank, N.A. 
 Loan and Agency

  

 47 

 1111 Fannin 
 10th
Floor 
 Houston, Texas 77002 
 Attention: Leah Hughes 
 Fax number: (713) 750-2932 
 and Michael Mekuria 
 Fax number: (713) 750-2452; or 
  
 as to any Borrower, Altria or JPMorgan
Chase, as Administrative Agent, at such other address as shall be designated by such party in a written notice to the other parties and, as to each other party, at such other address as shall be designated by such party in a written notice to Altria
and JPMorgan Chase, as Administrative Agent. 
  
 (b)
Effectiveness of Notices. All such notices and communications shall, when mailed or telecopied, be effective when deposited in the mail or telecopied, respectively, except that notices and communications to JPMorgan Chase, as Administrative
Agent, pursuant to Article II, III or VII shall not be effective until received by JPMorgan Chase, as Administrative Agent. Delivery by telecopier of an executed counterpart of any amendment or waiver of any provision of this Agreement or of any
Exhibit hereto to be executed and delivered hereunder shall be effective as delivery of a manually executed counterpart thereof. 
  
 Section 9.03. No Waiver; Remedies. No failure on the part of any Lender or JPMorgan Chase, as Administrative Agent, to exercise, and no delay in
exercising, any right hereunder or under any Note shall operate as a waiver thereof; nor shall any single or partial exercise of any such right preclude any other or further exercise thereof or the exercise of any other right. The remedies herein
provided are cumulative and not exclusive of any remedies provided by law. 
  
 Section 9.04. Costs and Expenses. (a) Administrative Agent; Enforcement. Altria agrees to pay on demand all reasonable costs and expenses in connection with the preparation, execution, delivery,
administration (excluding any cost or expenses for administration related to the overhead of JPMorgan Chase, as Administrative Agent), modification and amendment of this Agreement and the documents to be delivered hereunder, including, without
limitation, the reasonable fees and out-of-pocket expenses of counsel for JPMorgan Chase, as Administrative Agent, with respect thereto and with respect to advising JPMorgan Chase, as Administrative Agent, as to its rights and responsibilities under
this Agreement, and all costs and expenses of the Lenders and JPMorgan Chase, as Administrative Agent, if any (including, without limitation, reasonable counsel fees and expenses of the Lenders and JPMorgan Chase, as Administrative Agent), in
connection with the enforcement (whether through negotiations, legal proceedings or otherwise) of this Agreement and the other documents to be delivered hereunder. 
  
 (b) Prepayment of LIBO Rate Advances or Floating Rate Bid Advances. If any payment of principal of LIBO Rate Advance
or Floating Rate Bid Advance is made other than on the last day of the Interest Period for such Advance or at its maturity, as a result of a payment 
  

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 pursuant to Section 2.11, acceleration of the maturity of the Advances pursuant to Section 6.02, an assignment made as a
result of a demand by Altria pursuant to Section 9.07(a) or for any other reason, Altria shall, upon demand by any Lender (with a copy of such demand to JPMorgan Chase, as Administrative Agent), pay to JPMorgan Chase, as Administrative Agent, for
the account of such Lender any amounts required to compensate such Lender for any additional losses, costs or expenses which it may reasonably incur as a result of such payment, including, without limitation, any loss (excluding loss of anticipated
profits), cost or expense incurred by reason of the liquidation or reemployment of deposits or other funds acquired by any Lender to fund or maintain such Advance. Without prejudice to the survival of any other agreement of any Borrower or Altria
hereunder, the agreements and obligations of each Borrower and Altria contained in Section 2.02(c), 2.05, 2.12, 2.15 and this Section 9.04(b) shall survive the payment in full of principal and interest hereunder. 
  
 (c) Indemnification. Each Borrower and Altria jointly and severally
agree to indemnify and hold harmless the Administrative Agents and each Lender and each of their respective affiliates, control persons, directors, officers, employees, attorneys and agents (each, an “Indemnified Party”) from and
against any and all claims, damages, losses, liabilities and expenses (including, without limitation, reasonable fees and disbursements of counsel) which may be incurred by or asserted against any Indemnified Party, in each case in connection with
or arising out of, or in connection with the preparation for or defense of, any investigation, litigation, or proceeding (i) related to any transaction or proposed transaction (whether or not consummated) in which any proceeds of any Borrowing are
applied or proposed to be applied, directly or indirectly, by any Borrower, whether or not such Indemnified Party is a party to such transaction or (ii) related to any Borrower’s or Altria’s entering into this Agreement, or to any actions
or omissions of any Borrower or Altria, any of their respective Subsidiaries or affiliates (other than Kraft Foods Inc. and its Subsidiaries or affiliates) or any of its or their respective officers, directors, employees or agents in connection
therewith, in each case whether or not an Indemnified Party is a party thereto and whether or not such investigation, litigation or proceeding is brought by Altria or any Borrower or any other Person; provided, however, that neither
any Borrower nor Altria shall be required to indemnify any such Indemnified Party from or against any portion of such claims, damages, losses, liabilities or expenses that is found in a final, non-appealable judgment by a court of competent
jurisdiction to have resulted from the gross negligence or willful misconduct of such Indemnified Party. 
  
 Section 9.05. Right of Set-Off. Upon (i) the occurrence and during the continuance of any Event of Default and (ii) the making of the request or
the granting of the consent specified by Section 6.02 to authorize JPMorgan Chase, as Administrative Agent, to declare the Advances due and payable pursuant to the provisions of Section 6.02, each Lender is hereby authorized at any time and from
time to time, to the fullest extent permitted by law, to set off and apply any and all deposits (general or special, time or demand, provisional or final) at any time held and other indebtedness at any time owing by such Lender to or for the credit
or the account of Altria or any Borrower against any and all of the obligations of any Borrower or Altria now or hereafter existing under this Agreement, whether or not such Lender shall have made any demand under this Agreement and although such
obligations may be unmatured. Each Lender shall promptly notify the appropriate Borrower or Altria, as the case may be, after any 
  

 49 

 such set-off and application, provided that the failure to give such notice shall not affect the validity of such
set-off and application. The rights of each Lender and its affiliates under this Section 9.05 are in addition to other rights and remedies (including, without limitation, other rights of set-off) that such Lender and its affiliates may have.

  
 Section 9.06. Binding Effect. This Agreement shall be
binding upon and inure to the benefit of Altria, JPMorgan Chase, as Administrative Agent, Citibank, as Administrative Agent, and each Lender and their respective successors and assigns, except that neither any Borrower nor Altria shall have the
right to assign its rights hereunder or any interest herein without the prior written consent of the Lenders. 
  
 Section 9.07. Assignments and Participations. (a) Assignment of Lender Obligations. Each Lender may and, if demanded by Altria upon at least
five Business Days’ notice to such Lender and JPMorgan Chase, as Administrative Agent, will assign to one or more Persons all or a portion of its rights and obligations under this Agreement (including, without limitation, all or a portion of
its Commitment and the Pro Rata Advances owing to it), subject to the following: 
  
 (i) each such assignment shall be of a constant, and not a varying, percentage of all rights and obligations under this Agreement (other
than, except in the case of an assignment made as a result of a demand by Altria pursuant to this Section 9.07(a), any Competitive Bid Advances owing to such Lender or any Competitive Bid Notes held by it); 
  
 (ii) the amount of the Commitment of the assigning Lender
being assigned pursuant to each such assignment (determined as of the date of the Assignment and Acceptance with respect to such assignment) shall in no event be less than $10,000,000 (subject to reduction at the sole discretion of Altria) and shall
be an integral multiple of $1,000,000; 
  
 (iii)
each such assignment shall be to an Eligible Assignee; 
  
 (iv) each such assignment made as a result of a demand by Altria pursuant to this Section 9.07(a) shall be arranged by Altria after consultation with JPMorgan Chase, as Administrative Agent, and shall be either an assignment of all of the
rights and obligations of the assigning Lender under this Agreement or an assignment of a portion of such rights and obligations made concurrently with another such assignment or other such assignments which together cover all of the rights and
obligations of the assigning Lender under this Agreement; 
  
 (v) no Lender shall be obligated to make any such assignment as a result of a demand by Altria pursuant to this Section 9.07(a) unless and until such Lender shall have received one or more payments from either the
Borrowers to which it has outstanding Advances or one or more Eligible Assignees in an aggregate amount at least equal to the aggregate outstanding principal amount of 
  

 50 

 the Advances owing to such Lender, together with accrued interest thereon to the date of payment of such
principal amount and all other amounts payable to such Lender under this Agreement; and 
  
 (vi) the parties to each such assignment shall execute and deliver to JPMorgan Chase, as Administrative Agent, for its acceptance and
recording in the Register, an Assignment and Acceptance, together with a processing and recordation fee of $3,500, provided that, if such assignment is made as a result of a demand by Altria under this Section 9.07(a), Altria shall pay or
cause to be paid such $3,500 fee. 
  
 Upon such execution, delivery, acceptance
and recording, from and after the effective date specified in each Assignment and Acceptance, (x) the assignee thereunder shall be a party hereto and, to the extent that rights and obligations hereunder have been assigned to it pursuant to such
Assignment and Acceptance, have the rights and obligations of a Lender hereunder and (y) the assigning Lender thereunder shall, to the extent that rights and obligations hereunder have been assigned by it pursuant to such Assignment and Acceptance,
relinquish its rights (other than those provided under Section 9.04) and be released from its obligations under this Agreement (and, in the case of an Assignment and Acceptance covering all or the remaining portion of an assigning Lender’s
rights and obligations under this Agreement, such Lender shall cease to be a party hereto), other than Section 9.12. 
  
 (b) Assignment and Acceptance. By executing and delivering an Assignment and Acceptance, the assigning Lender thereunder and the assignee
thereunder confirm to and agree with each other and the other parties hereto as follows: (i) other than as provided in such Assignment and Acceptance, such assigning Lender makes no representation or warranty and assumes no responsibility with
respect to any statements, warranties or representations made in or in connection with this Agreement or the execution, legality, validity, enforceability, genuineness, sufficiency or value of this Agreement or any other instrument or document
furnished pursuant hereto; (ii) such assigning Lender makes no representation or warranty and assumes no responsibility with respect to the financial condition of any Borrower or Altria or the performance or observance by any Borrower or Altria of
any of its obligations under this Agreement or any other instrument or document furnished pursuant hereto; (iii) such assignee confirms that it has received a copy of this Agreement, together with copies of the financial statements referred to in
Section 4.01 and such other documents and information as it has deemed appropriate to make its own credit analysis and decision to enter into such Assignment and Acceptance; (iv) such assignee will, independently and without reliance upon JPMorgan
Chase, as Administrative Agent, such assigning Lender or any other Lender and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under this
Agreement; (v) such assignee confirms that it is an Eligible Assignee; (vi) such assignee represents that (A) the source of any funds it is using to acquire the assigning Lender’s interest or to make any Advance is not and will not be plan
assets as defined under the regulations of the Department of Labor of any Plan subject to Title I of ERISA or Section 4975 of the Code or (B) the assignment or Advance is not and will not be a non-exempt prohibited transaction as defined in Section
406 of ERISA; (vii) such 
  

 51 

 assignee appoints and authorizes JPMorgan Chase, as Administrative Agent, to take such action as agent on its behalf and
to exercise such powers and discretion under this Agreement as are delegated to JPMorgan Chase, as Administrative Agent, by the terms hereof, together with such powers and discretion as are reasonably incidental thereto; and (viii) such assignee
agrees that it will perform in accordance with their terms all of the obligations that by the terms of this Agreement are required to be performed by it as a Lender. 
  
 (c) Agent’s Acceptance. Upon its receipt of an Assignment and Acceptance executed by an assigning Lender and an
assignee representing that it is an Eligible Assignee, together with any Pro Rata Note or Notes subject to such assignment, JPMorgan Chase, as Administrative Agent, shall, if such Assignment and Acceptance has been completed and is in substantially
the form of Exhibit C hereto, (i) accept such Assignment and Acceptance, (ii) record the information contained therein in the Register and (iii) give prompt notice thereof to Altria. 
  
 (d) Register. JPMorgan Chase, as Administrative Agent, shall maintain at its address referred to in Section 9.02 a
copy of each Assignment and Acceptance delivered to and accepted by it and a register for the recordation of the names and addresses of the Lenders and the Commitment of, and principal amount of the Advances owing to, each Lender from time to time
(the “Register”). The entries in the Register shall be conclusive and binding for all purposes, absent manifest error, and Altria, the Borrowers, JPMorgan Chase, as Administrative Agent, and the Lenders may treat each Person whose
name is recorded in the Register as a Lender hereunder for all purposes of this Agreement. The Register shall be available for inspection by Altria, any Borrower or any Lender at any reasonable time and from time to time upon reasonable prior
notice. 
  
 (e) Sale of Participation. Each Lender may sell
participations to one or more banks or other entities in or to all or a portion of its rights and obligations under this Agreement (including, without limitation, all or a portion of its Commitment, the Advances owing to it and any Note or Notes
held by it), subject to the following: 
  
 (i) such Lender’s obligations under this Agreement (including, without limitation, its Commitment to Altria hereunder) shall remain unchanged, 
  
 (ii) such Lender shall remain solely responsible to the other parties hereto for the performance of such obligations, 
  
 (iii) Altria, the other Borrowers, JPMorgan Chase, as
Administrative Agent, and the other Lenders shall continue to deal solely and directly with such Lender in connection with such Lender’s rights and obligations under this Agreement, and 
  
 (iv) no participant under any such participation shall have
any right to approve any amendment or waiver of any provision of this Agreement, or any consent to any departure by any Borrower or Altria therefrom, except to the extent that such amendment, waiver or consent would reduce the principal of, or
interest 
  

 52 

 on, the Advances or any fees or other amounts payable hereunder, in each case to the extent subject to
such participation, or postpone any date fixed for any payment of principal of, or interest on, the Advances or any fees or other amounts payable hereunder, in each case to the extent subject to such participation. 
  
 (f) Disclosure of Information. Any Lender may, in connection with any
assignment or participation or proposed assignment or participation pursuant to this Section 9.07, disclose to the assignee or participant or proposed assignee or participant, any information relating to Altria or any Borrower furnished to such
Lender by or on behalf of Altria or any Borrower; provided that, prior to any such disclosure, the assignee or participant or proposed assignee or participant shall agree to preserve the confidentiality of any confidential information
relating to Altria received by it from such Lender. 
  
 (g)
Regulation A Security Interest. Notwithstanding any other provision set forth in this Agreement, any Lender may at any time create a security interest in all or any portion of its rights under this Agreement (including, without limitation,
the Advances owing to it and any Note or Notes held by it) in favor of any Federal Reserve Bank in accordance with Regulation A. 
  
 Section 9.08. Designated Subsidiaries. (a) Designation. Altria may at any time, and from time to time, by delivery to JPMorgan Chase, as
Administrative Agent, of a Designation Agreement duly executed by Altria and the respective Subsidiary and substantially in the form of Exhibit D hereto, designate such Subsidiary as a “Designated Subsidiary” for purposes of this Agreement
and such Subsidiary shall thereupon become a “Designated Subsidiary” for purposes of this Agreement and, as such, shall have all of the rights and obligations of a Borrower hereunder. JPMorgan Chase, as Administrative Agent, shall promptly
notify each Lender of each such designation by Altria and the identity of the respective Subsidiary. 
  
 (b) Termination. Upon the payment and performance in full of all of the indebtedness, liabilities and obligations under this Agreement of any
Designated Subsidiary then, so long as at the time no Notice of Pro Rata Borrowing or Notice of Competitive Bid Borrowing in respect of such Designated Subsidiary is outstanding, such Subsidiary’s status as a “Designated Subsidiary”
shall terminate upon notice to such effect from JPMorgan Chase, as Administrative Agent, to the Lenders (which notice JPMorgan Chase, as Administrative Agent, shall give promptly, and only upon its receipt of a request therefor from Altria).
Thereafter, the Lenders shall be under no further obligation to make any Advance hereunder to such former Designated Subsidiary until such time as it has been redesignated a Designated Subsidiary by Altria pursuant to Section 9.08(a). 
  
 Section 9.09. Governing Law. This Agreement and the Notes shall be
governed by, and construed in accordance with, the laws of the State of New York. 
  
 Section 9.10. Execution in Counterparts. This Agreement may be executed in any number of counterparts and by different parties hereto in separate counterparts, each of which when so executed shall be deemed to
be an original and all of which taken together shall 
  

 53 

 constitute one and the same agreement. Delivery of an executed counterpart of a signature page to this Agreement by
telecopier shall be effective as delivery of a manually executed counterpart of this Agreement. 
  
 Section 9.11. Jurisdiction, Etc. (a) Submission to Jurisdiction; Service of Process. Each of the parties hereto hereby irrevocably and
unconditionally submits, for itself and its property, to the nonexclusive jurisdiction of any New York state court or Federal court of the United States of America sitting in New York City, and any appellate court from any thereof, in any action or
proceeding arising out of or relating to this Agreement, or for recognition or enforcement of any judgment, and each of the parties hereto hereby irrevocably and unconditionally agrees that all claims in respect of any such action or proceeding may
be heard and determined in any such New York state court or, to the extent permitted by law, in such Federal court. Each Borrower (other than Altria) hereby agrees that service of process in any such action or proceeding brought in any such New York
state court or in such Federal court may be made upon Altria at its offices at 120 Park Avenue, New York, New York 10017, Attention: Secretary (the “Process Agent”) and each Designated Subsidiary hereby irrevocably appoints the
Process Agent its authorized agent to accept such service of process, and agrees that the failure of the Process Agent to give any notice of any such service shall not impair or affect the validity of such service or of any judgment rendered in any
action or proceeding based thereon. Each Borrower hereby further irrevocably consents to the service of process in any action or proceeding in such courts by the mailing thereof by any parties hereto by registered or certified mail, postage prepaid,
to such Borrower at its address specified pursuant to Section 9.02. Each of the parties hereto agrees that a final judgment in any such action or proceeding shall be conclusive and may be enforced in other jurisdictions by suit on the judgment or in
any other manner provided by law. Nothing in this Agreement shall affect any right that any party may otherwise have to serve legal process in any other manner permitted by law or to bring any action or proceeding relating to this Agreement or the
Notes in the courts of any jurisdiction. 
  
 (b) Altria as
Process Agent. Altria hereby accepts its appointment as Process Agent and agrees that (i) it will maintain an office in New York, New York through the Termination Date and will give JPMorgan Chase, as Administrative Agent, prompt notice of any
change of its address, (ii) it will perform its duties as Process Agent to receive on behalf of each Designated Subsidiary and its property service of copies of the summons and complaint and any other process which may be served in any action or
proceeding in any New York State or Federal court sitting in New York City arising out of or relating to this Agreement and (iii) it will forward forthwith to each Designated Subsidiary at its then current address copies of any summons, complaint
and other process which Altria receives in connection with its appointment as Process Agent. 
  
 (c) Waivers. Each of the parties hereto irrevocably and unconditionally waives, to the fullest extent it may legally and effectively do so, any objection that it may now or hereafter have to the laying of venue
of any suit, action or proceeding arising out of or relating to this Agreement or the Notes in any New York state or Federal court. Each of the parties hereto hereby irrevocably waives, to the fullest extent permitted by law, the defense of an
inconvenient forum to the maintenance of such action or proceeding in any such court. 
  

 54 

 Section 9.12. Confidentiality. None of the Agents nor any Lender shall disclose any confidential
information relating to Altria or any Borrower to any other Person without the consent of Altria, other than (a) to such Agent’s or such Lender’s affiliates and their officers, directors, employees, agents and advisors and, as contemplated
by Section 9.07(f), to actual or prospective assignees and participants, and then, in each such case, only on a confidential basis; provided, however, that such actual or prospective assignee or participant shall have been made aware
of this Section 9.12 and shall have agreed to be bound by its provisions as if it were a party to this Agreement, (b) as required by any law, rule or regulation or judicial process, and (c) as requested or required by any state, federal or foreign
authority or examiner regulating banks or banking or other financial institutions. 
  
 Section 9.13. Integration. This Agreement and the Notes represent the agreement of Altria, the other Borrowers, the Administrative Agents and the Lenders with respect to the subject matter hereof, and there are
no promises, undertakings, representations or warranties by the Administrative Agents, Altria, the other Borrowers or any Lender relative to the subject matter hereof not expressly set forth or referred to herein or in the Notes other than the
matters referred to in Sections 2.09(b) and 9.04(a) and except for Confidentiality Agreements entered into by each Lender in connection with this Agreement. 
  
 Section 9.14. USA Patriot Act Notice. Each Administrative Agent and each Lender hereby notifies the Borrowers that pursuant to the requirements of
the USA Patriot Act (Title III of Pub. L. 107-56 (signed into law October 26, 2001)) (the “Patriot Act”), it is required to obtain, verify and record information that identifies the Borrowers, which information includes the name and
address of each Borrower and other information that will allow such Lender to identify such Borrower in accordance with the Patriot Act. 
  

 55 

 [Signature pages omitted]. 

 EXHIBIT A-1 - FORM OF 
 PRO RATA NOTE 
  
 Dated:
            , 200   
  
 U.S.$             
  
 FOR VALUE RECEIVED, the undersigned, [NAME OF BORROWER], a
                     corporation (the “Borrower”), HEREBY PROMISES TO PAY to the order of
                     (the “Lender”) for the account of its Applicable Lending Office on the Termination Date (each as defined
in the Credit Agreement referred to below) the principal sum of U.S.$[amount of the Lender’s Commitment in figures] or, if less, the aggregate principal amount of the Pro Rata Advances outstanding on the Termination Date made by the Lender to
the Borrower pursuant to the 5-Year Revolving Credit Agreement, dated as of April 15, 2005 among Altria Group, Inc., the Lender and certain other lenders party thereto, JPMorgan Chase Bank, N.A., as Administrative Agent, Citibank, N.A., as
Administrative Agent, Credit Suisse First Boston, Cayman Islands Branch and Deutsche Bank Securities Inc., as Syndication Agents, and ABN AMRO Bank N.V., BNP Paribas, HSBC Bank USA, National Association and UBS Securities LLC, as Arrangers and
Documentation Agents for the Lender and such other lenders (as amended or modified from time to time, the “Credit Agreement;” the terms defined therein being used herein as therein defined). 
  
 The Borrower promises to pay interest on the unpaid principal amount of each
Pro Rata Advance from the date of such Pro Rata Advance until such principal amount is paid in full, at such interest rate, and payable at such times, as are specified in the Credit Agreement. 
  
 Both principal and interest in respect of each Pro Rata Advance are payable
in Dollars to JPMorgan Chase, as Administrative Agent, for the account of the Lender at the office of JPMorgan Chase, located at 270 Park Avenue, New York, New York 10017, in same day funds. Each Pro Rata Advance owing to the Lender by the Borrower
pursuant to the Credit Agreement, and all payments made on account of principal thereof, shall be recorded by the Lender and, prior to any transfer hereof, endorsed on the grid attached hereto which is part of this Promissory Note. 
  
 This Promissory Note is one of the Pro Rata Notes referred to in, and is
entitled to the benefits of, the Credit Agreement. The Credit Agreement, among other things, (i) provides for the making of Pro Rata Advances by the Lender to the Borrower from time to time in an aggregate amount not to exceed at any time
outstanding the Dollar amount first above mentioned, the indebtedness of the Borrower resulting from each such Pro Rata Advance being evidenced by this Promissory Note, and (ii) contains provisions for acceleration of the maturity hereof upon the
happening of certain stated events and also for prepayments on account of principal hereof prior to the maturity hereof upon the terms and conditions therein specified. 

 This Promissory Note shall be governed by, and construed in accordance with, the laws of the State of New
York. 
  

			
	[NAME OF BORROWER]
		
	By	 	  

	Name:	 	 
	Title:	 	 

  

 2 

 LOANS AND PAYMENTS OF PRINCIPAL 
  

													
	 Date

	 	 Type of
 Advance

	 	 Amount of
 Advance

	 	 Interest
 Rate

	 	 Amount of
 Principal
 Paid
 or Prepaid

	 	 Unpaid
 Principal
 Balance

	 	 Notation
 Made By

  
  

 3 

 EXHIBIT A-2 - FORM OF 
 COMPETITIVE BID NOTE 
  
 Dated:
            , 200   
  
 U.S.$             
  
 FOR VALUE RECEIVED, the undersigned, [NAME OF BORROWER], a
                     corporation (the “Borrower”), HEREBY PROMISES TO PAY to the order of
                     (the “Lender”) for the account of its Applicable Lending Office (as defined in the 5-Year Revolving
Credit Agreement, dated as of April 15, 2005 among Altria Group, Inc., the Lender and certain other lenders party thereto, JPMorgan Chase Bank, N.A., as Administrative Agent, Citibank, N.A., as Administrative Agent, Credit Suisse First Boston,
Cayman Islands Branch and Deutsche Bank Securities Inc., as Syndication Agents, and ABN AMRO Bank N.V., BNP Paribas, HSBC Bank USA, National Association and UBS Securities LLC, as Arrangers and Documentation Agents for the Lender and such other
lenders (as amended or modified from time to time, the “Credit Agreement;” the terms defined therein being used herein as therein defined)), on             , 200_,
the principal amount of U.S.$[            ]. 
  
 The Borrower promises to pay interest on the unpaid principal amount hereof from the date hereof until such principal amount is paid in full, at the
interest rate and payable on the interest payment date or dates provided below: 
  
 Interest Rate Basis:                     . 
  
 Day Count
Convention:                    . 
  
 Interest Payment Date(s):                    .

  
 Both principal and interest are payable in Dollars to JPMorgan
Chase, as Administrative Agent, for the account of the Lender at the office of JPMorgan Chase, located at 270 Park Avenue, New York, New York 10017, in same day funds. 
  
 This Promissory Note is one of the Competitive Bid Notes referred to in, and is entitled to the benefits of, the Credit
Agreement. The Credit Agreement, among other things, contains provisions for acceleration of the maturity hereof upon the happening of certain stated events. 
  
 The Borrower hereby waives presentment, demand, protest and notice of any kind. No failure to exercise, and no delay in exercising, any rights hereunder
on the part of the holder hereof shall operate as a waiver of such rights. 
  
 This Promissory Note shall be governed by, and construed in accordance with, the laws of the State of New York. 
  

			
	[NAME OF BORROWER]
		
	By	 	  

	Name:	 	 

			
	Title:	 	 

  
  

 2 

 EXHIBIT B-1 - FORM OF NOTICE OF 
 PRO RATA BORROWING 
  
 [Date]                                      
               
  
 JPMorgan Chase Bank, N.A., as Administrative Agent 
     for the Lenders party 
     to the Credit Agreement 
     referred to below 
  
 Attention:
                     
  
 Ladies and Gentlemen: 
  
 [NAME OF BORROWER], refers to the 5-Year Revolving Credit Agreement, dated as of April 15, 2005 (as amended or modified from time to time, the
“Credit Agreement,” the terms defined therein being used herein as therein defined), among Altria Group, Inc., the Lenders party thereto and JPMorgan Chase Bank, N.A., as Administrative Agent, Citibank, N.A., as Administrative
Agent, Credit Suisse First Boston, Cayman Islands Branch and Deutsche Bank Securities Inc. as Syndication Agents, and ABN AMRO Bank N.V., BNP Paribas, HSBC Bank USA, National Association and UBS Securities LLC, as Arrangers and Documentation Agents
for such Lenders, and hereby gives you notice, irrevocably, pursuant to Section 2.02 of the Credit Agreement that the undersigned hereby requests a Pro Rata Borrowing under the Credit Agreement, and in that connection sets forth below the
information relating to such Pro Rata Borrowing (the “Proposed Pro Rata Borrowing”) as required by Section 2.02(a) of the Credit Agreement: 
  
 (i) The date of the Proposed Pro Rata Borrowing is             , 200_.

  
 (ii) The Type of Advances comprising the
Proposed Pro Rata Borrowing is [Base Rate Advances] [LIBO Rate Advances]. 
  
 (iii) The aggregate amount of the Proposed Pro Rata Borrowing is U.S.$[            ]. 
  
 [(iv) The initial Interest Period for each LIBO Rate Advance made as part of the Proposed Pro Rata Borrowing
is              month(s).] 
  
 The undersigned, as applicable, hereby certifies that the following statements are true on the date hereof, and will be true on the date of the Proposed Pro Rata Borrowing: 
  
 (A) the representations and warranties contained in Section
4.01 of the Credit Agreement (except the representations set forth in the last sentence of subsection (e) thereof and in subsection (f) thereof (other than clause (i) thereof)) are correct, before and 

 after giving effect to the Proposed Pro Rata Borrowing and to the application of the proceeds therefrom,
as though made on and as of such date; 
  
 [if
the Borrower is a Designated Subsidiary: the representations and warranties of such Designated Subsidiary contained in its Designation Agreement are correct, before and after giving effect to the Proposed Pro Rata Borrowing and to the application of
the proceeds therefrom, as though made on and as of such date;] 
  
 (B) after giving effect to the application of the proceeds of all Borrowings on the date of such Pro Rata Borrowing (together with any other resources of the Borrower applied together therewith), no event has occurred
and is continuing, or would result from such Pro Rata Borrowing, that constitutes a Default or Event of Default; 
  
 (C) if such Proposed Pro Rata Borrowing is in an aggregate principal amount equal to or greater than $500,000,000 and is being made in
connection with any purchase of shares of the Borrower’s capital stock or the capital stock of any other Person, or any purchase of all or substantially all of the assets of any Person (whether in one transaction or a series of transactions) or
any transaction of the type referred to in Section 5.02(b) of the Credit Agreement, the statement in clause (B) above will be true on a pro forma basis as if such transaction or purchase shall have been completed; and 
  
 (D) the aggregate principal amount of the Proposed Pro Rata
Borrowing and all other Borrowings to be made on the same day under the Credit Agreement is within the aggregate unused Commitments of the Lenders. 
  

			
	Very truly yours,
	
	ALTRIA GROUP, INC.
		
	By	 	  

	Name:	 	 
	Title:	 	 
	
	[NAME OF BORROWER]
		
	By	 	  

	Name:	 	 
	Title:	 	 

  
  

 2 

 EXHIBIT B-2- FORM OF NOTICE OF 
 COMPETITIVE BID BORROWING 
  
 [Date]                                      
                       
  
 JPMorgan Chase Bank, N.A., as Administrative Agent 
     for the Lenders party to the Credit Agreement 
     referred to below 
  
 Attention:
                     
  
 Ladies and Gentlemen: 
  
 [NAME OF BORROWER], refers to the 5-Year Revolving Credit Agreement, dated as of April 15, 2005 (as amended or modified from time to time, the
“Credit Agreement,” the terms defined therein being used herein as therein defined), among Altria Group, Inc., the Lenders party thereto and JPMorgan Chase Bank, N.A., as Administrative Agent, Citibank, N.A., as Administrative
Agent, Credit Suisse First Boston, Cayman Islands Branch and Deutsche Bank Securities Inc., as Syndication Agents, and ABN AMRO Bank N.V., BNP Paribas, HSBC Bank USA, National Association and UBS Securities LLC, as Arrangers and Documentation Agents
for such Lenders, and hereby gives you notice, irrevocably, pursuant to Section 2.07(b) of the Credit Agreement that the undersigned hereby requests a Competitive Bid Borrowing under the Credit Agreement, and in that connection sets forth the terms
on which such Competitive Bid Borrowing (the “Proposed Competitive Bid Borrowing”) is requested to be made: 
  
 (A) Date of Competitive Bid Borrowing; 
  
 (B) Amount of Competitive Bid Borrowing; 
  
 (C) Interest rate basis; 
  
 (D) Day count convention; 
  
 (E) [Interest Period] [Maturity date]; 
  
 (F) Interest payment date(s); 
  
 (G) Borrower’s account location; 
  
 (H) [other terms (if any)]. 
  
 The undersigned, as applicable, hereby certifies that the following statements are true on the date hereof, and will be true on the date of the Proposed
Competitive Bid Borrowing: 

 (a) the representations and warranties contained in Section 4.01 of the Credit Agreement
are correct, before and after giving effect to the Proposed Competitive Bid Borrowing and to the application of the proceeds therefrom, as though made on and as of such date; 
  
 [if the Borrower is a Designated Subsidiary: the representations and warranties of such Designated
Subsidiary contained in its Designation Agreement are correct, before and after giving effect to the Proposed Competitive Bid Borrowing and to the application of the proceeds therefrom, as though made on and as of such date;] 
  
 (b) after giving effect to the application of the proceeds
of all Borrowings on the date of such Competitive Bid Borrowing (together with any other resources of the Borrower applied together therewith), no event has occurred and is continuing, or would result from such Proposed Competitive Bid Borrowing,
that constitutes a Default or Event of Default; and 
  
 (c) the aggregate principal amount of the Proposed Competitive Bid Borrowing and all other Borrowings to be made on the same day under the Credit Agreement is within the aggregate unused Commitments of the Lenders. 
  
 The undersigned hereby confirms that the Proposed Competitive Bid Borrowing
is to be made available to it in accordance with Section 2.07(e) of the Credit Agreement. 
  

			
	Very truly yours,
	
	ALTRIA GROUP, INC.
		
	By	 	  

	Name:	 	 
	Title:	 	 
	
	 [NAME OF BORROWER]

		
	By	 	  

	Name:	 	 
	Title:	 	 

  

 2 

 EXHIBIT C - FORM OF 
 ASSIGNMENT AND ACCEPTANCE 
  
 Reference is made to the 5-Year Revolving Credit Agreement, dated as of April 15, 2005 (as amended or modified from time to time, the “Credit Agreement,” the terms defined therein being used herein as therein defined),
among Altria Group, Inc., a Virginia corporation, the Lenders party thereto and JPMorgan Chase Bank, N.A., as Administrative Agent, Citibank, N.A., as Administrative Agent, Credit Suisse First Boston, Cayman Islands Branch and Deutsche Bank
Securities Inc., as Syndication Agents, and ABN AMRO Bank N.V., BNP Paribas, HSBC Bank USA, National Association and UBS Securities LLC, as Arrangers and Documentation Agents for such Lenders. 
  
 The “Assignor” and the “Assignee” referred to on Schedule
1 hereto agree as follows: 
  
 1. The Assignor hereby sells and
assigns to the Assignee, and the Assignee hereby purchases and assumes from the Assignor, an interest in and to the Assignor’s rights and obligations under the Credit Agreement as of the date hereof (other than in respect of Competitive Bid
Advances and Competitive Bid Notes) equal to the percentage interest specified on Schedule 1 hereto of all outstanding rights and obligations under the Credit Agreement (other than in respect of Competitive Bid Advances and Competitive Bid Notes).
After giving effect to such sale and assignment, the Assignee’s Commitment and the amount of the Pro Rata Advances owing to the Assignee will be as set forth on Schedule 1 hereto. Each of the Assignor and the Assignee represents and warrants
that it is authorized to execute and deliver this Assignment and Acceptance. 
  
 2. The Assignor (i) represents and warrants that it is the legal and beneficial owner of the interest being assigned by it hereunder and that such interest is free and clear of any adverse claim; (ii) makes no
representation or warranty and assumes no responsibility with respect to any statements, warranties or representations made in or in connection with the Credit Agreement or the execution, legality, validity, enforceability, genuineness, sufficiency
or value of the Credit Agreement or any other instrument or document furnished pursuant thereto; and (iii) makes no representation or warranty and assumes no responsibility with respect to the financial condition of any Borrower or Altria or the
performance or observance by any Borrower or Altria of any of its obligations under the Credit Agreement or any other instrument or document furnished pursuant thereto. 
  
 3. The Assignee (i) confirms that it has received a copy of the Credit Agreement, together with copies of the financial
statements referred to in Section 4.01 thereof and such other documents and information as it has deemed appropriate to make its own credit analysis and decision to enter into this Assignment and Acceptance; (ii) agrees that it will, independently
and without reliance upon JPMorgan Chase, as Administrative Agent, any other Agent, the Assignor or any other Lender and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in
taking or not taking action under the Credit Agreement; (iii) confirms that it is an Eligible Assignee; (iv) represents that (A) the source of any funds it is using to acquire the Assignor’s interest or to make any Advance is not and will not
be plan assets as defined under the regulations of the Department of Labor of any Plan subject to Title I of ERISA or Section 4975 of the Code or (B) the assignment or Advance is not and will be not be a non-exempt prohibited transaction as

 defined in Section 406 of ERISA; (v) appoints and authorizes JPMorgan Chase, as Administrative Agent, to take such action
as agent on its behalf and to exercise such powers and discretion under the Credit Agreement as are delegated to JPMorgan Chase, as Administrative Agent, by the terms thereof, together with such powers and discretion as are reasonably incidental
thereto; and (vi) agrees that it will perform in accordance with their terms all of the obligations that by the terms of the Credit Agreement are required to be performed by it as a Lender. 
  
 4. This Assignment and Acceptance will be delivered to JPMorgan Chase, as
Administrative Agent, for acceptance and recording by JPMorgan Chase, as Administrative Agent following its execution. The effective date for this Assignment and Acceptance (the “Effective Date”) shall be the date of acceptance
hereof by JPMorgan Chase, as Administrative Agent, unless otherwise specified on Schedule 1 hereto. 
  
 5. Upon such acceptance and recording by JPMorgan Chase, as Administrative Agent, as of the Effective Date, (i) the Assignee shall be a party to the
Credit Agreement and, to the extent provided in this Assignment and Acceptance, have the rights and obligations of a Lender thereunder and (ii) the Assignor shall, to the extent provided in this Assignment and Acceptance, relinquish its rights and
be released from its obligations under the Credit Agreement. 
  
 6. Upon such acceptance and recording by JPMorgan Chase, as Administrative Agent, from and after the Effective Date, JPMorgan Chase, as Administrative Agent, shall make all payments under the Credit Agreement in respect of the interest
assigned hereby (including, without limitation, all payments of principal, interest and facility fees with respect thereto) to the Assignee. The Assignor and Assignee shall make all appropriate adjustments in payments under the Credit Agreement for
periods prior to the Effective Date directly between themselves. 
  
 7. This Assignment and Acceptance shall be governed by, and construed in accordance with, the laws of the State of New York. 
  
 8. This Assignment and Acceptance may be executed in any number of counterparts and by different parties hereto in separate counterparts, each of which
when so executed shall be deemed to be an original and all of which taken together shall constitute one and the same agreement. Delivery of an executed counterpart of Schedule 1 to this Assignment and Acceptance by telecopier shall be effective as
delivery of a manually executed counterpart of this Assignment and Acceptance. 
  
 IN WITNESS WHEREOF, the Assignor and the Assignee have caused Schedule 1 to this Assignment and Acceptance to be executed by their officers thereunto duly authorized as of the date specified thereon. 
  

 2 

 Schedule 1 
 to 
 Assignment and Acceptance 
  

			
	 Percentage interest assigned:
	  	    %
		
	 Assignee’s Commitment:
	  	U.S.$            
		
	 Aggregate outstanding principal amount of Pro Rata Advances assigned:
	  	U.S.$            
	 Effective Date1:
	  	            , 200_

  

			
	[NAME OF ASSIGNOR], as Assignor
		
	By	 	  

	Title:	 	 
	
	Dated:             , 200_
	
	[NAME OF ASSIGNEE], as Assignee
		
	By	 	  

	Title:	 	 
	
	Dated:             , 200_
	
	Domestic Lending Office:
	 	 	[Address]

  

			
	Accepted this
	                     day of
            , 200_
	
	JPMORGAN CHASE BANK, N.A., as Administrative Agent
		
	By	 	  

	Title:	 	 
	
	[Approved this                      day
	of             , 200_

  

	1	This date should be no earlier than five Business Days after the delivery of this Assignment and Acceptance to JPMorgan Chase, as Administrative Agent.

			
	[NAME OF BORROWER]2
		
	By	 	  

	Title:	 	 

  

	2	Required if the Assignee is an Eligible Assignee solely by reason of clause (viii) of the definition of “Eligible Assignee.” 

  

 2 

 EXHIBIT D - FORM OF 
 DESIGNATION AGREEMENT 
  
 [Date]1                                      
           
  

	JPMorgan	Chase Bank, N.A., as Administrative Agent 

     for the
Lenders party to the Credit Agreement 
     referred to below 
  
 Ladies and Gentlemen: 
  
 Reference is made to the 5-Year Revolving Credit Agreement, dated as of April 15, 2005 (as amended or modified from time to time, the “Credit
Agreement,” the terms defined therein being used herein as therein defined), among Altria Group, Inc., [certain other borrowers party thereto], the Lenders party thereto and JPMorgan Chase Bank, N.A., as Administrative Agent, Citibank,
N.A., as Administrative Agent, Credit Suisse First Boston, Cayman Islands Branch and Deutsche Bank Securities Inc., as Syndication Agents, and ABN AMRO Bank N.V., BNP Paribas, HSBC Bank USA, National Association and UBS Securities LLC, as Arrangers
and Documentation Agents for such Lenders. 
  
 Please be advised
that Altria hereby designates its undersigned wholly-owned Subsidiary,                      (“Designated Subsidiary”), as a
“Designated Subsidiary” under and for all purposes of the Credit Agreement. 
  
 The Designated Subsidiary, in consideration of each Lender’s agreement to extend credit to it under and on the terms and conditions set forth in the Credit Agreement, does hereby assume each of the obligations
imposed upon a “Designated Subsidiary” and a “Borrower” under the Credit Agreement and agrees to be bound by the terms and conditions of the Credit Agreement. In furtherance of the foregoing, the Designated Subsidiary hereby
represents and warrants to each Lender as follows: 
  
 (a) The Designated Subsidiary is a corporation duly organized, validly existing and in good standing under the laws of
                            . 
  
 (b) The execution, delivery and performance by the Designated Subsidiary of this Designation Agreement, the
Credit Agreement and the Notes to be delivered by it are within the Designated Subsidiary’s corporate powers, have been duly authorized by all necessary corporate action and do not contravene (i) the Designated Subsidiary’s charter or
by-laws or (ii) in any material respect, any law, rule, regulation or order of any court or governmental agency or contractual restriction binding on or affecting it. 
  

	1	For Subsidiaries that are not listed on Schedule II, date must be at least (i) three Business Days for a Designated Subsidiary organized in the United States or any
political subdivision thereof and (ii) five Business Days for a Designated Subsidiary organized outside the United States, in each case, prior to the date of the initial Pro Rata Advance to such Designated Subsidiary. 

 (c) No authorization or approval or other action by, and no notice to or filing with, any
governmental authority or regulatory body is required for the due execution, delivery and performance by the Designated Subsidiary of this Designation Agreement, the Credit Agreement or the Notes to be delivered by it. 
  
 (d) This Designation Agreement is, and the Notes to be
delivered by the Designated Subsidiary when delivered will be, legal, valid and binding obligations of the Designated Subsidiary enforceable against the Designated Subsidiary in accordance with their respective terms, subject to the effect of any
applicable bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium or other laws affecting creditors’ rights generally and subject, as to enforceability, to general principles of equity (regardless of whether such
enforceability is sought in a proceeding in equity or at law) and an implied covenant of good faith and fair dealing. 
  
 (e) There is no pending or threatened action or proceeding affecting the Designated Subsidiary or any of its Subsidiaries before any
court, governmental agency or arbitrator that purports to affect the legality, validity or enforceability of this Designation Agreement, the Credit Agreement or any Note of the Designated Subsidiary. 
  
 (f) [The registered address; name, telephone number,
facsimile number and email address of contact person; and internet address, if available, of the Designated Subsidiary are
                            .]2 
  
 (g) [The Federal employer identification number of the Designated Subsidiary is
                            .]2,3 
  

			
	Very truly yours,
	
	ALTRIA GROUP, INC.
		
	By	 	  

	Name:	 	 
	Title:	 	 
	
	[DESIGNATED SUBSIDIARY]
		
	By	 	  

	Name:	 	 
	Title:	 	 

  

	2	Does not apply to Subsidiaries listed on Schedule II. 

	3	Does not apply to Designated Subsidiaries organized outside the United States. 

  

 2 

 EXHIBIT E-1 - FORM OF 
 OPINION OF COUNSEL 
 FOR ALTRIA 
  

	
	 [Letterhead of Hunton & Williams LLP]
  
                                        
 [Effective Date]

  
 To each of the Lenders party

 to the Credit Agreement referred to below 
  
 Altria Group, Inc. 
  
 Ladies and Gentlemen: 
  
 This opinion is furnished to you pursuant to Section 3.01(e)(iii) of the 5-Year Revolving Credit Agreement, dated as of April 15, 2005 (the
“Credit Agreement”), among Altria Group, Inc., the Lenders party thereto and JPMorgan Chase Bank, N.A., as Administrative Agent, Citibank, N.A., as Administrative Agent, Credit Suisse First Boston, Cayman Islands Branch and Deutsche
Bank Securities Inc., as Syndication Agents, and ABN AMRO Bank N.V., BNP Paribas, HSBC Bank USA, National Association and UBS Securities LLC, as Arrangers and Documentation Agents for such Lenders. Terms defined in the Credit Agreement are used
herein as therein defined. 
  
 We have acted as counsel for Altria
in connection with the preparation, execution and delivery of the Credit Agreement. 
  
 In that connection, we have examined the following documents: 
  
 (1) The Credit Agreement. 
  
 (2) The documents furnished by Altria pursuant to Article III of the Credit Agreement. 
  
 (3) The Articles of Incorporation of Altria and all
amendments thereto (the “Charter”). 
  
 (4) The by-laws of Altria and all amendments thereto (the “By-laws”). 
  
 We have also examined the originals, or copies certified to our satisfaction, of such corporate records of Altria, certificates of public officials and of officers of Altria and agreements, instruments and other
documents, as we have deemed relevant and necessary as a basis for the opinions expressed below. As to questions of fact material to such opinions, we have, when relevant facts were not independently established by us, relied upon certificates of
Altria or its officers or of public officials. We have assumed the due execution and delivery, pursuant to due authorization, of the Credit Agreement by the Initial Lenders and JPMorgan Chase Bank, N.A., as Administrative Agent, Citibank, N.A., as
Administrative Agent, Credit Suisse First Boston, Cayman Islands Branch and Deutsche Bank Securities Inc., as Syndication Agents, and ABN 

 AMRO Bank N.V., BNP Paribas, HSBC Bank USA, National Association and UBS Securities LLC, as Arrangers and Documentation
Agents. 
  
 Our opinions expressed below are limited to the law of
the State of New York, the Commonwealth of Virginia and the Federal law of the United States. 
  
 Based upon the foregoing and upon such investigation as we have deemed necessary, we are of the following opinion: 
  
 1. Altria is a corporation duly organized, validly existing and in good standing under the laws of the Commonwealth of Virginia.

  
 2. The execution, delivery and performance by
Altria of the Credit Agreement and the Notes, and the consummation of the transactions contemplated thereby, are within Altria’s corporate powers, have been duly authorized by all necessary corporate action, and do not contravene (i) the
Charter or the By-laws or (ii) any law, rule or regulation applicable to Altria (including, without limitation, Regulation X of the Board of Governors of the Federal Reserve System) or (iii) to our knowledge, any contractual restriction binding on
or affecting Altria. The Credit Agreement and any Notes delivered on the date hereof have been duly executed and delivered on behalf of Altria. 
  
 3. No authorization, approval or other action by, and no notice to or filing with, any governmental authority or regulatory body or any
other third party is required for the due execution, delivery and performance by Altria of the Credit Agreement and the Notes. 
  
 4. The Credit Agreement is the legal, valid and binding obligation of Altria enforceable against Altria in accordance with its terms. The
Notes issued on the date hereof, if any, are the legal, valid and binding obligations of Altria, enforceable against Altria in accordance with their respective terms. 
  
 The opinion set forth in paragraph 4 above as to enforceability is subject to the effect of any applicable bankruptcy,
insolvency, fraudulent conveyance, reorganization, moratorium or other laws affecting creditors’ rights generally and subject, as to enforceability, to general principles of equity (regardless of whether enforcement is sought in a proceeding in
equity or at law) and an implied covenant of good faith and fair dealing. 
  
 We express no opinion with respect to: 
  
 (A) The effect of any provision of the Credit Agreement which is intended to permit modification thereof only by means of an agreement in writing by the parties thereto; 
  
 (B) The effect of any provision of the Credit Agreement insofar as it provides that any Person purchasing a participation
from a Lender or other Person may exercise set-off or similar rights with respect to such participation or that any Lender or other Person may exercise set-off or similar rights other than in accordance with applicable law; 
  

 2 

 (C) The effect of any provision of the Credit Agreement imposing penalties or forfeitures; 
  
 (D) The enforceability of any provision of the Credit Agreement to the extent
that such provision constitutes a waiver of illegality as a defense to performance of contract obligations; or 
  
 (E) The effect of any provision of the Credit Agreement relating to indemnification or exculpation in connection with violations of any securities laws or
relating to indemnification, contribution or exculpation in connection with willful, reckless or criminal acts or gross negligence of the indemnified or exculpated Person or the Person receiving contribution. 
  
 In connection with the provisions of the Credit Agreement which relate to
forum selection (including, without limitation, any waiver of any objection to venue or any objection that a court is an inconvenient forum), we note that under NYCPLR § 510, a New York State court may have discretion to transfer the place of
trial, and under 28 U.S.C. § 1404(a), a United States District Court has discretion to transfer an action from one Federal court to another. 
  
 This opinion is being furnished to you pursuant to Section 3.01(e)(iii) of the Credit Agreement, is solely for the benefit of you and your counsel, and is
not intended for, and may not be relied upon by, any other person or entity without our prior written consent. We undertake no duty to inform you of events occurring subsequent to the date hereof. 
  

	
	Very truly yours,

  

 3 

 EXHIBIT E-2 - FORM OF 
 OPINION OF COUNSEL 
 FOR ALTRIA 
  
 [Effective
Date]                                       
      
  
 To each of the Lenders party 
     to the Credit Agreement referred to below 
  
 Altria Group, Inc. 
  
 Ladies and Gentlemen: 
  
 This opinion is furnished to you pursuant to Section 3.01(e)(iii) of the 5-Year Revolving Credit Agreement, dated as of April 15, 2005 (the
“Credit Agreement”), among Altria Group, Inc. (“Altria”), the Lenders party thereto and JPMorgan Chase Bank, N.A., as Administrative Agent, Citibank, N.A., as Administrative Agent, Credit Suisse First Boston, Cayman
Islands Branch and Deutsche Bank Securities Inc., as Syndication Agents, and ABN AMRO Bank N.V., BNP Paribas, HSBC Bank USA, National Association and UBS Securities LLC, as Arrangers and Documentation Agents for such Lenders. Terms defined in the
Credit Agreement are used herein as therein defined. 
  
 I have
acted as counsel for Altria in connection with the preparation, execution and delivery of the Credit Agreement. 
  
 In that connection, I have examined originals, or copies certified to my satisfaction, of such corporate records of Altria, certificates of public
officials and of officers of Altria, and agreements, instruments and other documents, as I have deemed relevant and necessary as a basis for the opinions expressed below. As to questions of fact material to such opinions, I have, when relevant facts
were not independently established by me, relied upon certificates of Altria or its officers or of public officials. 
  
 Based upon the foregoing and upon such investigation as I have deemed necessary, I am of the opinion that, to the best of my knowledge, (i) there is no
pending or threatened action or proceeding against Altria or any of its Subsidiaries before any court, governmental agency or arbitrator (a “Proceeding”) that purports to affect the legality, validity, binding effect or
enforceability of the Credit Agreement or the Notes, if any, or the consummation of the transactions contemplated thereby, and (ii) except for Proceedings disclosed in the Annual Report on Form 10-K of Altria for the fiscal year ended December 31,
2004, and any Current Reports on Form 8-K filed subsequent to December 31, 2004 but prior to April 15, 2005, or, with respect to Proceedings commenced after the date of the most recent such document but prior to April 15, 2005, a certificate
delivered to the Lenders and attached hereto, there are no Proceedings that are likely to have a materially adverse effect upon the financial position or results of operations of Altria and its Subsidiaries taken as a whole. 
  

	
	Very truly yours,

 EXHIBIT F - FORM OF 
 OPINION OF COUNSEL 
 FOR DESIGNATED SUBSIDIARY 
  
 [Effective
Date]                                       
              
  
 To each of the Lenders party 
     to the Credit Agreement referred to below 
  
 Altria Group, Inc. 
  
 Ladies and Gentlemen: 
  
 This opinion is furnished to you pursuant to Section 3.02(e) of the 5-Year Revolving Credit Agreement, dated as of April 15,
2005 (the “Credit Agreement”), among Altria Group, Inc. (“Altria”), the Lenders party thereto and JPMorgan Chase Bank, N.A., as Administrative Agent, Citibank, N.A., as Administrative Agent, Credit Suisse First
Boston, Cayman Islands Branch and Deutsche Bank Securities Inc., as Syndication Agents, and ABN AMRO Bank N.V., BNP Paribas, HSBC Bank USA, National Association and UBS Securities LLC, as Arrangers and Documentation Agents for such Lenders. Terms
defined in the Credit Agreement are used herein as therein defined. 
  
 We have acted as counsel for                      (the “Designated Subsidiary”) in connection with the preparation,
execution and delivery of the Designation Agreement. 
  
 In that
connection, we have examined the following documents: 
  
 (1) The Designation Agreement. 
  
 (2)
The Credit Agreement. 
  
 (3) The documents
furnished by the Designated Subsidiary pursuant to Article III of the Credit Agreement. 
  
 (4) The [Articles] [Certificate] of Incorporation of the Designated Subsidiary and all amendments thereto (the
“Charter”). 
  
 (5) The by-laws
of the Designated Subsidiary and all amendments thereto (the “By-laws”). 
  
 We have also examined the originals, or copies certified to our satisfaction, of such corporate records of the Designated Subsidiary, certificates of public officials and of officers of the Designated Subsidiary, and
agreements, instruments and other documents, as we have deemed relevant and necessary as a basis for the opinions expressed below. As to questions of fact material to such opinions, we have, when relevant facts were not independently established by
us, relied upon certificates of the Designated Subsidiary or its officers or of public officials. We have assumed the due execution and delivery, pursuant to due authorization, of the Credit Agreement by the Initial Lenders and JPMorgan Chase Bank,
N.A., as Administrative Agent, 

 Citibank, N.A., as Administrative Agent, Credit Suisse First Boston, Cayman Islands Branch and Deutsche Bank Securities
Inc., as Syndication Agents, and ABN AMRO Bank N.V., BNP Paribas, HSBC Bank USA, National Association and UBS Securities LLC, as Arrangers and Documentation Agents 
  
 Based upon the foregoing and upon such investigation as we have deemed necessary, we are of the following opinion:

  
 1. The Designated Subsidiary is a corporation
duly organized, validly existing and in good standing under the laws of                         . 
  
 2. The execution, delivery and performance by the Designated
Subsidiary of the Designation Agreement, the Credit Agreement and the Notes to be delivered by it, and the consummation of the transactions contemplated thereby, are within the Designated Subsidiary’s corporate powers, have been duly authorized
by all necessary corporate action, and do not contravene (i) the Charter or the By-laws or (ii) any law, rule or regulation applicable to the Designated Subsidiary (including, without limitation, Regulation X of the Board of Governors of the Federal
Reserve System) or (iii) to our knowledge, any contractual restriction binding on or affecting the Designated Subsidiary. The Designation Agreement, the Credit Agreement and the Notes delivered by the Designated Subsidiary on the date hereof have
been duly executed and delivered on behalf of the Designated Subsidiary. 
  
 3. No authorization, approval or other action by, and no notice to or filing with, any governmental authority or regulatory body or any other third party is required for the due execution, delivery and performance by
the Designated Subsidiary of the Designation Agreement, the Credit Agreement and the Notes delivered by the Designated Subsidiary. 
  
 4. The Designation Agreement and the Credit Agreement are the legal, valid and binding obligations of the Designated Subsidiary
enforceable against the Designated Subsidiary in accordance with their respective terms. The Notes issued on the date hereof, if any, by the Designated Subsidiary are the legal, valid and binding obligations of the Designated Subsidiary, enforceable
against the Designated Subsidiary in accordance with their respective terms. 
  
 5. There is, to the best of my knowledge, no pending or threatened action or proceeding against the Designated Subsidiary or any of its Subsidiaries before any court, governmental agency or arbitrator that purport to
affect the legality, validity, binding effect or enforceability of the Designation Agreement, the Credit Agreement or any of the Notes delivered by the Designated Subsidiary or the consummation of the transactions contemplated thereby. 

 

 2 

 The opinion set forth in paragraph 4 above as to enforceability is subject to the effect of any
applicable bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium or other laws affecting creditors’ rights generally and subject, as to enforceability, to general principles of equity (regardless of whether enforcement is
sought in a proceeding in equity or at law) and an implied covenant of good faith and fair dealing. 
  

	
	Very truly yours,

  

 3 

 EXHIBIT G 
 FORM OF OPINION OF 
 COUNSEL FOR JPMORGAN CHASE, 
 AS ADMINISTRATIVE AGENT 
  
 [Letterhead of Simpson Thacher & Bartlett LLP] 
  
 [Effective
Date]                                       
                          
  
 JPMorgan Chase Bank, N.A. and Citibank, N.A., 
     as
Administrative Agents 
  
 The Lenders listed on Schedule I hereto 
     which are parties to the Credit Agreement 
     on the date hereof 
  

	Re:	5-Year Revolving Credit Agreement dated as 

 of April 15,
2005 (the “Credit Agreement”) 
 among Altria Group, Inc. (the “Company”), 
 and Credit Suisse First Boston, Cayman Islands 
 Branch and Deutsche Bank Securities Inc., as 
 Syndication Agents, and ABN AMRO Bank 
 N.V., BNP Paribas, HSBC Bank USA, 
 National
Association and UBS Securities LLC, 
 as Arrangers and Documentation Agents 
  
 Ladies and Gentlemen: 
  
 We have acted as counsel to JPMorgan Chase Bank, N.A., as Administrative Agent, in connection with the preparation, execution and delivery of the Credit
Agreement. 
  
 This opinion is delivered to you pursuant to
Section 3.01(e)(iv) of the Credit Agreement. Terms used herein which are defined in the Credit Agreement shall have the respective meanings set forth in the Credit Agreement, unless otherwise defined herein. 
  
 In connection with this opinion, we have examined a copy of the Credit
Agreement signed by the Company and by the Administrative Agents and the Lenders. 
  
 We also have examined the originals, or duplicates or certified or conformed copies, of such records, agreements, instruments and other documents and have made such other investigations as we have deemed relevant and
necessary in connection with the opinions expressed herein. As to questions of fact material to this opinion, we have relied upon certificates of public officials and of officers and representatives of the Company. In addition, 

 we have examined, and have relied as to matters of fact upon, the representations made in the Credit Agreement.

  
 In rendering the opinion set forth below, we have assumed the
genuineness of all signatures, the legal capacity of natural persons, the authenticity of all documents submitted to us as originals, the conformity to original documents of all documents submitted to us as duplicates or certified or conformed
copies, and the authenticity of the originals of such latter documents. 
  
 In rendering the opinion set forth below we have assumed that (1) the Credit Agreement is a valid and legally binding obligation of each of the Lenders party thereto, (2) the Company is duly organized and validly existing and in good
standing under the laws of the jurisdiction in which it is organized and of each other jurisdiction in which the conduct of its business or ownership of its property makes such qualification necessary, has the corporate power and authority to
execute, deliver and perform its obligations under the Credit Agreement and has duly authorized, executed and delivered the Credit Agreement in accordance with its Articles of Incorporation and By-laws or other similar organizational documents, and
(3)(a) execution, delivery and performance by the Company of the Credit Agreement do not contravene its Articles of Incorporation or By-laws or other similar organizational documents, (b) execution, delivery and performance by the Company of the
Credit Agreement do not violate, or require any consent not obtained under, the laws of the jurisdiction in which it is organized or any other applicable laws or regulations or any order, writ, injunction or decree of any court or other governmental
authority binding on the Company, and (c) execution, delivery and performance by the Company of the Credit Agreement do not constitute a breach or violation of, or require any consent not obtained under, any agreement or instrument which is binding
upon the Company. 
  
 Based upon and subject to the foregoing, and
subject to the qualifications and limitations set forth herein, we are of the opinion that the Credit Agreement constitutes the valid and legally binding obligation of the Company, enforceable against the Company in accordance with its terms.

  
 Our opinion set forth above is subject to (i) the effects of
bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and other similar laws relating to or affecting creditors’ rights generally, (ii) general equitable principles (whether considered in a proceeding in equity or at law)
and (iii) an implied covenant of good faith and fair dealing. 
  
 We express no opinion with respect to: 
  
 (A) the
effect of any provision of the Credit Agreement which is intended to permit modification thereof only by means of an agreement in writing by the parties thereto; 
  
 (B) the effect of any provision of the Credit Agreement insofar as it provides that any Person purchasing a participation
from a Lender or other Person may exercise set-off or similar rights with respect to such participation or that any Lender or other Person may exercise set-off or similar rights other than in accordance with applicable law; 
  
 (C) the effect of any provision of the Credit Agreement imposing penalties or
forfeitures; 
  

 2 

 (D) the enforceability of any provision of the Credit Agreement to the extent that such provision
constitutes a waiver of illegality as a defense to performance of contract obligations; or 
  
 (E) the effect of any provision of the Credit Agreement relating to indemnification or exculpation in connection with violations of any securities laws or relating to indemnification, contribution or exculpation in
connection with willful, reckless or criminal acts or gross negligence of the indemnified or exculpated Person or the Person receiving contribution. 
  
 In connection with the provisions of the Credit Agreement which relate to forum selection (including, without limitation, any waiver of any objection to
venue or any objection that a court is an inconvenient forum), we note that under NYCPLR § 510, a New York State court may have discretion to transfer the place of trial, and under 28 U.S.C. § 1404(a), a United States District Court has
discretion to transfer an action from one Federal court to another. 
  
 We are members of the Bar of the State of New York, and we do not express any opinion herein concerning any law other than the law of the State of New York and the Federal law of the United States. 
  
 This opinion letter is rendered to you in connection with the above described
transaction. This opinion letter may not be relied upon by you for any other purpose, or relied upon by, or furnished to, any other person, firm or corporation without our prior written consent. This opinion letter may be furnished to, but may not
be relied upon by, a regulatory authority entitled to receive it. 
  

	
	Very truly yours,

  

 3

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