Document:

Exhibit 10.1

Exhibit 10.1

WOLVERINE WORLD WIDE, INC.

STOCK INCENTIVE PLAN OF 2010

1. Purpose

The purpose of the Wolverine World Wide, Inc. Stock Incentive Plan of 2010 (the “Plan”) is to
advance the interests of the Wolverine World Wide, Inc. (the “Company”) by stimulating the efforts
of employees, officers, non-employee directors and other service providers, in each case who are
selected to be Participants, by heightening the desire of such persons to continue working toward
and contributing to the success and progress of the Company. The Plan supersedes the Company’s
Amended and Restated Stock Incentive Plan of 2005, Amended and Restated Stock Incentive Plan of
2003 and Amended and Restated Stock Incentive Plan of 2001 (the “Prior Plans”) with respect to
future awards, and provides for the grant of Incentive and Nonqualified Stock Options, Stock
Appreciation Rights, Restricted Stock, Restricted Stock Units and Stock Awards, any of which may be
performance-based, and for Incentive Bonuses, which may be paid in cash or stock or a combination
thereof, as determined by the Administrator. No new awards shall be issued under the Prior Plans
after the approval of this Plan by the Company’s stockholders.

2. Definitions

As used in the Plan, the following terms shall have the meanings set forth below:

(a) “Act” means the Securities Exchange Act of 1934, as amended.

(b) “Administrator” means the Administrator of the Plan in accordance with Section 19.

(c) “Award” means an Incentive Stock Option, Nonqualified Stock Option, Stock Appreciation
Right, Restricted Stock, Restricted Stock Unit, Stock Award or Incentive Bonus granted to a
Participant pursuant to the provisions of the Plan, any of which the Administrator may structure to
qualify in whole or in part as a Performance Award.

(d) “Award Agreement” means a written agreement or other instrument as may be approved from
time to time by the Administrator implementing the grant of each Award. An Agreement may be in the
form of an agreement to be executed by both the Participant and the Company (or an authorized
representative of the Company) or certificates, notices or similar instruments as approved by the
Administrator.

(e) “Board” means the board of directors of the Company.

 

 

 

(f) “Change in Control” unless otherwise defined in an Award, means (i) the failure of the
Continuing Directors at any time to constitute at least a majority of the members of the Board;
(ii) the acquisition by any Person other than an Excluded Holder of beneficial ownership (within
the meaning of Rule 13d-3 issued under the Act) of 20% or more of the outstanding
Shares or the combined voting power of the Company’s outstanding securities entitled to vote
generally in the election of directors; (iii) the consummation of a reorganization, merger or
consolidation of the Company, unless such reorganization, merger or consolidation is with or into a
Permitted Successor; or (iv) a complete liquidation or dissolution of the Company or the sale or
disposition of all or substantially all of the assets of the Company other than to a Permitted
Successor.

(g) “Code” means the Internal Revenue Code of 1986, as amended from time to time, and the
rulings and regulations issued thereunder.

(h) “Continuing Directors” mean the individuals constituting the Board as of the date this
Plan was adopted and any subsequent directors whose election or nomination for election by the
Company’s stockholders was approved by a vote of three-quarters (3/4) of the individuals who are
then Continuing Directors, but specifically excluding any individual whose initial assumption of
office occurs as a result of either an actual or threatened solicitation subject to Rule 14a- 12(c)
of Regulation 14A issued under the Act or other actual or threatened solicitation of proxies or
consents by or on behalf of a Person other than the Board.

(i) “Company” means Wolverine World Wide, Inc., a Delaware corporation.

(j) “Disability” has the meaning set forth in the Company’s long-term disability plan. The
determination of the Administrator as to an individual’s Disability shall be conclusive on all
parties.

(k) “Employee Benefit Plan” means any plan or program established by the Company or a
Subsidiary for the compensation or benefit of employees of the Company or any of its Subsidiaries.

(l) “Excluded Holder” means (i) any Person who at the time this Plan was adopted was the
beneficial owner of 20% or more of the outstanding Shares; or (ii) the Company, a Subsidiary or any
Employee Benefit Plan of the Company or a Subsidiary or any trust holding Shares or other
securities pursuant to the terms of an Employee Benefit Plan.

(m) “Fair Market Value” means, as of any date, the closing price per share at which the Shares
are sold in the regular way on the New York Stock Exchange (or any successor exchange that is the
primary stock exchange for trading of Shares) or, if no Shares are traded on the New York Stock
Exchange (or any successor exchange that is the primary stock exchange for trading of Shares) on
the date in question, then for the next preceding date for which Shares were traded on the New York
Stock Exchange (or any successor exchange that is the primary stock exchange for trading of
Shares).

(n) “Incentive Bonus” means a bonus opportunity awarded under Section 10 pursuant to which a
Participant may become entitled to receive an amount based on satisfaction of such performance
criteria as are specified in the Award Agreement or otherwise.

(o) “Incentive Stock Option” means a stock option that is intended to qualify as an “incentive
stock option” within the meaning of Section 422 of the Code.

 

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(p) “Nonemployee Director” means each person who is, or is elected to be, a member of the
Board and who is not an employee of the Company or any Subsidiary.

(q) “Nonqualified Stock Option” means a stock option that is not intended to qualify as an
“incentive stock option” within the meaning of Section 422 of the Code.

(r) “Option” means an Incentive Stock Option and/or a Nonqualified Stock Option granted
pursuant to Section 6 of the Plan.

(s) “Participant” means any individual described in Section 3 to whom Awards have been granted
from time to time by the Administrator and any authorized transferee of such individual.

(t) “Permitted Successor” means a company that, immediately following the consummation of a
transaction specified in clauses (iii) and (iv) of the definition of “Change in Control” above,
satisfies each of the following criteria: (i) 50% or more of the outstanding common stock of the
company and the combined voting power of the outstanding securities of the company entitled to vote
generally in the election of directors (in each case determined immediately following the
consummation of the applicable transaction) is beneficially owned, directly or indirectly, by all
or substantially all of the Persons who were the beneficial owners of the Company’s outstanding
Shares and outstanding securities entitled to vote generally in the election of directors
(respectively) immediately prior to the applicable transaction; (ii) no Person other than an
Excluded Holder beneficially owns, directly or indirectly, 20% or more of the outstanding common
stock of the company or the combined voting power of the outstanding securities of the company
entitled to vote generally in the election of directors (for these purposes the term Excluded
Holder shall include the company, any subsidiary of the company and any employee benefit plan of
the company or any such subsidiary or any trust holding common stock or other securities of the
company pursuant to the terms of any such employee benefit plan); and (iii) at least a majority of
the Board of the Company is comprised of Continuing Directors.

(u) “Person” has the same meaning as set forth in Sections 13(d) and 14(d)(2) of the Act.

(v) “Performance Award” means an Award, the grant, issuance, retention, vesting or settlement
of which is subject to satisfaction of one or more Qualifying Performance Criteria established
pursuant to Section 14.

(w) “Plan” means the Wolverine World Wide, Inc. Stock Incentive Plan of 2010 as set forth
herein and as amended from time to time.

(x) “Qualifying Performance Criteria” has the meaning set forth in Section 14(b).

(y) “Restricted Stock” means Shares granted pursuant to Section 8 of the Plan.

(z) “Restricted Stock Unit” means an Award granted to a Participant pursuant to Section 8
pursuant to which Shares or cash in lieu thereof may be issued in the future.

 

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(aa) “Retirement” means the voluntary Termination of Employment by a Participant after the
Participant has attained (i) 50 years of age and seven years of service (as a Director and/or an
employee and/or officer of the Company or a Subsidiary), (ii) 62 years of age, or (iii) such other
age or years of service as shall be determined by the Administrator or as otherwise may be set
forth in the Award agreement or other grant document with respect to a Participant and a particular
Award.

(bb) “Share” means a share of the Company’s common stock, par value $1.00, subject to
adjustment as provided in Section 13.

(cc) “Stock Appreciation Right” means a right granted pursuant to Section 7 of the Plan that
entitles the Participant to receive, in cash or Shares or a combination thereof, as determined by
the Administrator, value equal to or otherwise based on the excess of (i) the Fair Market Value of
a specified number of Shares at the time of exercise over (ii) the exercise price of the right, as
established by the Administrator on the date of grant.

(dd) “Stock Award” means an award of Shares to a Participant pursuant to Section 9 of the
Plan.

(ee) “Subsidiary” means any corporation (other than the Company) in an unbroken chain of
corporations beginning with the Company where each of the corporations in the unbroken chain other
than the last corporation owns stock possessing at least 50 percent or more of the total combined
voting power of all classes of stock in one of the other corporations in the chain, and if
specifically determined by the Administrator in the context other than with respect to Incentive
Stock Options, may include an entity in which the Company has a significant ownership interest or
that is directly or indirectly controlled by the Company.

(ff) “Termination of Employment” means ceasing to serve as a full-time employee of the Company
and its Subsidiaries or, with respect to a Nonemployee Director or other service provider, ceasing
to serve as such for the Company, except that with respect to all or any Awards held by a
Participant (i) the Administrator may determine, subject to Section 6(d), that an approved leave of
absence or approved employment on a less than full-time basis is not considered a Termination of
Employment, (ii) the Administrator may determine that a transition of employment to service with a
partnership, joint venture or corporation not meeting the requirements of a Subsidiary in which the
Company or a Subsidiary is a party is not considered a Termination of Employment, (iii) unless
otherwise determined by the Administrator, service as a member of the Board or other service
provider shall not constitute continued employment with respect to Awards granted to a Participant
while he or she served as an employee and (iv) service as an employee of the Company or a
Subsidiary shall constitute continued employment with respect to Awards granted to a Participant
while he or she served as a member of the Board or other service provider. The Administrator shall
determine whether any corporate transaction, such as a sale or spin-off of a division or subsidiary
that employs a Participant, shall be deemed to result in a Termination of Employment with the
Company and its Subsidiaries for purposes of any affected Participant’s Options, and the
Administrator’s decision shall be final and binding.

 

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3. Eligibility

Any Person who is a current or prospective officer or employee of the Company or of any
Subsidiary shall be eligible for selection by the Administrator for the grant of Awards hereunder.
In addition, Nonemployee Directors and any other service providers who have been retained to
provide consulting, advisory or other services to the Company or to any Subsidiary shall be
eligible for the grant of Awards hereunder as determined by the Administrator. Options intending
to qualify as Incentive Stock Options may only be granted to employees of the Company or any
Subsidiary within the meaning of the Code, as selected by the Administrator.

4. Effective Date and Termination of Plan

This Plan was adopted by the Board as of February 11, 2010 (the “Effective Date”), provided
that any grants made prior to the approval of the Plan by the Company’s stockholders shall be
subject to such approval. All Awards granted under this Plan are subject to, and may not be
exercised before, the approval of this Plan by the stockholders prior to the first anniversary of
the date the Board adopts the Plan, by the affirmative vote of the holders of a majority of the
outstanding Shares of the Company present, or represented by proxy, and entitled to vote, at a
meeting of the Company’s stockholders or by written consent in accordance with the laws of the
State of Delaware; provided that if such approval by the stockholders of the Company is not
forthcoming, all Awards previously granted under this Plan shall be void. The Plan shall remain
available for the grant of Awards until the tenth (10th) anniversary of the Effective Date.
Notwithstanding the foregoing, the Plan may be terminated at such earlier time as the Board may
determine. Termination of the Plan will not affect the rights and obligations of the Participants
and the Company arising under Awards theretofore granted and then in effect.

5. Shares Subject to the Plan and to Awards

(a) Aggregate Limits. The aggregate number of Shares issuable pursuant to all Awards shall not
exceed 4,600,000; provided that any Shares granted under Options or Stock Appreciation Rights shall
be counted against this limit on a one-for-one basis and any Shares granted as Awards other than
Options or Stock Appreciation Rights shall be counted against this limit as two (2) Shares for
every one (1) Share subject to such Award. The aggregate number of Shares available for grant
under this Plan and the number of Shares subject to outstanding Awards shall be subject to
adjustment as provided in Section 13. The Shares issued pursuant to Awards granted under this Plan
may be shares that are authorized and unissued or shares that were reacquired by the Company,
including shares purchased in the open market.

(b) Issuance of Shares. For purposes of Section 5(a), the aggregate number of Shares issued
under this Plan at any time shall equal only the number of Shares actually issued upon exercise or
settlement of an Award. Notwithstanding the foregoing, Shares subject to an Award under the Plan
may not again be made available for issuance under the Plan if such Shares are: (i) Shares that
were subject to a stock-settled Stock Appreciation Right and were not issued upon the net
settlement or net exercise of such Stock Appreciation Right, (ii) Shares used to pay the exercise
price of an Option, (iii) Shares delivered to or withheld by the Company to pay the withholding
taxes related an Award, or (iv) Shares repurchased on the open market with the proceeds of an
Option exercise. Shares subject to Awards that have been canceled, expired,
forfeited or otherwise not issued under an Award and Shares subject to Awards settled in cash
shall not count as Shares issued under this Plan.

 

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(c) Tax Code Limits. The aggregate number of Shares subject to Awards granted under this Plan
during any calendar year to any one Participant shall not exceed 3,000,000, which number shall be
calculated and adjusted pursuant to Section 13 only to the extent that such calculation or
adjustment will not affect the status of any Award intended to qualify as “performance-based
compensation” under Section 162(m) of the Code but which number shall not count any tandem SARs (as
defined in Section 7). The aggregate number of Shares that may be issued pursuant to the exercise
of Incentive Stock Options granted under this Plan shall not exceed
4,600,000, which number shall
be calculated and adjusted pursuant to Section 13 only to the extent that such calculation or
adjustment will not affect the status of any option intended to qualify as an Incentive Stock
Option under Section 422 of the Code. The maximum cash amount payable pursuant to that portion of
an Incentive Bonus granted in any calendar year to any Participant under this Plan that is intended
to satisfy the requirements for “performance-based compensation” under Section 162(m) of the Code
shall not exceed $20 million.

6. Options

(a) Option Awards. Options may be granted at any time and from time to time prior to the
termination of the Plan to Participants as determined by the Administrator. No Participant shall
have any rights as a stockholder with respect to any Shares subject to Option hereunder until said
Shares have been issued. Each Option shall be evidenced by an Award Agreement. Options granted
pursuant to the Plan need not be identical but each Option must contain and be subject to the terms
and conditions set forth below.

(b) Price. The Administrator will establish the exercise price per Share under each Option,
which, in no event will be less than the Fair Market Value of the Shares on the date of grant;
provided, however, that the exercise price per Share with respect to an Option that is granted in
connection with a merger or other acquisition as a substitute or replacement award for options held
by optionees of the acquired entity may be less than 100% of the Fair Market Value of the Shares on
the date such Option is granted if such exercise price is based on a formula set forth in the terms
of the options held by such optionees or in the terms of the agreement providing for such merger or
other acquisition. The exercise price of any Option may be paid in Shares, cash or a combination
thereof, as determined by the Administrator, including an irrevocable commitment by a broker to pay
over such amount from a sale of the Shares issuable under an Option, the delivery of previously
owned Shares and withholding of Shares deliverable upon exercise, or in such other form as is
acceptable to the Administrator.

(c) No Repricing without Stockholder Approval. Other than in connection with a change in the
Company’s capitalization (as described in Section 13) the exercise price of an Option may not be
reduced without stockholder approval (including canceling previously awarded Options and regranting
them with a lower exercise price).

(d) Provisions Applicable to Options. The date on which Options become exercisable shall be
determined at the sole and absolute discretion of the Administrator and set forth in an Award
Agreement. Unless provided otherwise in the applicable Award Agreement, to the extent
that the Administrator determines that an approved leave of absence or employment on a less
than full-time basis is not a Termination of Employment, the vesting period and/or exercisability
of an Option shall be adjusted by the Administrator during or to reflect the effects of any period
during which the Participant is on an approved leave of absence or is employed on a less than
full-time basis.

 

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(e) Term of Options and Termination of Employment: The Administrator shall establish the term
of each Option, which in no case shall exceed a period of ten (10) years from the date of grant.
Unless an Option earlier expires upon the expiration date established pursuant to the foregoing
sentence, upon the termination of the Participant’s employment, his or her rights to exercise an
Option then held shall be only as follows, unless the Administrator specifies otherwise:

(1) General. If a Participant’s Termination of Employment is for any reason other than
the Participant’s death, Disability, Retirement or termination for cause, Options granted to
the Participant may continue to be exercised in accordance with their terms for a period of
three (3) months after such Termination of Employment, but only to the extent the
Participant was entitled to exercise the Options on the date of such termination.

(2) Death. If a Participant dies either while an employee or officer of the Company or
a Subsidiary or member of the Board, or after the Termination of Employment other than for
cause but during the time when the Participant could have exercised an Option, the Options
issued to such Participant shall become fully vested and exercisable by the personal
representative of such Participant or other successor to the interest of the Participant for
one year after the Participant’s death.

(3) Disability. If a Participant’s Termination of Employment is due to Disability, then
all of the Participant’s Options shall immediately fully vest, and the Options held by the
Participant at the time of such termination of employment or service shall be exercisable by
the Participant or the personal representative of such Participant for one year following
such Termination of Employment.

(4) Participant Retirement. Upon a Participant’s Retirement as an employee or officer
of the Company and its Subsidiaries or Retirement from service as a member of the Board,
then all of the Participant’s Options shall immediately fully vest, and the Options held by
the Participant at the time of such Retirement shall be exercisable by the Participant or
the personal representative of such Participant during the remaining term of the Options.

(5) Termination for Cause. If a Participant is terminated for cause, the Participant
shall have no further right to exercise any Options previously granted. The Administrator or
officers designated by the Administrator shall determine whether a termination is for cause.

 

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(f) Incentive Stock Options. Notwithstanding anything to the contrary in this Section 6, in
the case of the grant of an Option intending to qualify as an Incentive Stock Option:
(i) if the Participant owns stock possessing more than 10 percent of the combined voting power
of all classes of stock of the Company, the exercise price of such Option must be at least 110
percent of the Fair Market Value of the Shares on the date of grant and the Option must expire
within a period of not more than five (5) years from the date of grant, and (ii) Termination of
Employment will occur when the person to whom an Award was granted ceases to be an employee (as
determined in accordance with Section 3401(c) of the Code and the regulations promulgated
thereunder) of the Company and its Subsidiaries. Notwithstanding anything in this Section 6 to the
contrary, options designated as Incentive Stock Options shall not be eligible for treatment under
the Code as Incentive Stock Options (and will be deemed to be Nonqualified Stock Options) to the
extent that either (a) the aggregate Fair Market Value of Shares (determined as of the time of
grant) with respect to which such Options are exercisable for the first time by the Participant
during any calendar year (under all plans of the Company and any Subsidiary) exceeds $100,000,
taking Options into account in the order in which they were granted, or (b) such Options otherwise
remain exercisable but are not exercised within three (3) months of Termination of Employment (or
such other period of time provided in Section 422 of the Code).

7. Stock Appreciation Rights

Stock Appreciation Rights may be granted to Participants from time to time either in tandem
with or as a component of other Awards granted under the Plan (“tandem SARs”) or not in conjunction
with other Awards (“freestanding SARs”) and may, but need not, relate to a specific Option granted
under Section 6. The provisions of Stock Appreciation Rights need not be the same with respect to
each grant or each recipient. Any Stock Appreciation Right granted in tandem with an Award may be
granted at the same time such Award is granted or at any time thereafter before exercise or
expiration of such Award. All freestanding SARs shall be granted subject to the same terms and
conditions applicable to Options as set forth in Section 6 and all tandem SARs shall have the same
exercise price, vesting, exercisability, forfeiture and termination provisions as the Award to
which they relate. Subject to the provisions of Section 6 and the immediately preceding sentence,
the Administrator may impose such other conditions or restrictions on any Stock Appreciation Right
as it shall deem appropriate. Stock Appreciation Rights may be settled in Shares, cash or a
combination thereof, as determined by the Administrator and set forth in the applicable Award
Agreement. Other than in connection with a change in the Company’s capitalization (as described in
Section 13) the exercise price of Stock Appreciation Rights may not be reduced without stockholder
approval (including canceling previously awarded Stock Appreciation Rights and regranting them with
a lower exercise price).

8. Restricted Stock and Restricted Stock Units

(a) Restricted Stock and Restricted Stock Unit Awards. Restricted Stock and Restricted Stock
Units may be granted at any time and from time to time prior to the termination of the Plan to
Participants as determined by the Administrator. Restricted Stock is an award or issuance of Shares
the grant, issuance, retention, vesting and/or transferability of which is subject during specified
periods of time to such conditions (including continued employment or performance conditions) and
terms as the Administrator deems appropriate. Restricted Stock Units are Awards denominated in
units of Shares under which the issuance of Shares is subject to such conditions (including
continued employment or performance conditions) and terms as the
Administrator deems appropriate. Each grant of Restricted Stock and Restricted Stock Units
shall be evidenced by an Award Agreement. Unless determined otherwise by the Administrator, each
Restricted Stock Unit will be equal to one Share and will entitle a Participant to either the
issuance of Shares or payment of an amount of cash determined with reference to the value of
Shares. To the extent determined by the Administrator, Restricted Stock and Restricted Stock Units
may be satisfied or settled in Shares, cash or a combination thereof. Restricted Stock and
Restricted Stock Units granted pursuant to the Plan need not be identical but each grant of
Restricted Stock and Restricted Stock Units must contain and be subject to the terms and conditions
set forth below.

 

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(b) Contents of Agreement. Each Award Agreement shall contain provisions regarding (i) the
number of Shares or Restricted Stock Units subject to such Award or a formula for determining such
number, (ii) the purchase price of the Shares, if any, and the means of payment, (iii) the
performance criteria, if any, and level of achievement versus these criteria that shall determine
the number of Shares or Restricted Stock Units granted, issued, retainable and/or vested, (iv) such
terms and conditions on the grant, issuance, vesting and/or forfeiture of the Shares or Restricted
Stock Units as may be determined from time to time by the Administrator, (v) the term of the
performance period, if any, as to which performance will be measured for determining the number of
such Shares or Restricted Stock Units, and (vi) restrictions on the transferability of the Shares
or Restricted Stock Units. Shares issued under a Restricted Stock Award may be issued in the name
of the Participant and held by the Participant or held by the Company, in each case as the
Administrator may provide.

(c) Vesting and Performance Criteria. The grant, issuance, retention, vesting and/or
settlement of shares of Restricted Stock and Restricted Stock Units will occur when and in such
installments as the Administrator determines or under criteria the Administrator establishes, which
may include Qualifying Performance Criteria. Notwithstanding anything in this Plan to the contrary,
the performance criteria for any Restricted Stock or Restricted Stock Unit that is intended to
satisfy the requirements for “performance-based compensation” under Section 162(m) of the Code will
be a measure based on one or more Qualifying Performance Criteria selected by the Administrator and
specified when the Award is granted.

(d) Termination of Employment. Unless the Administrator provides otherwise:

(i) General. In the event of Termination of Employment for any reason other than death,
Disability or Retirement, any Restricted Stock or Restricted Stock Units still subject in
full or in part to restrictions at the date of such Termination of Employment shall
automatically be forfeited and returned to the Company.

(ii) Death, Retirement or Disability. In the event a Participant’s Termination of
Employment is because of death, Disability or Retirement, the restrictions remaining on any
or all Shares remaining subject to a Restricted Stock or Restricted Stock Unit Award shall
lapse.

(e) Discretionary Adjustments and Limits. Subject to the limits imposed under
Section 162(m) of the Code for Awards that are intended to qualify as “performance-based
compensation,” notwithstanding the satisfaction of any performance goals, the number of Shares
granted, issued, retainable and/or vested under an Award of Restricted Stock or Restricted
Stock Units on account of either financial performance or personal performance evaluations may, to
the extent specified in the Award Agreement, be reduced, but not increased, by the Administrator on
the basis of such further considerations as the Administrator shall determine.

 

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(f) Voting Rights. Unless otherwise determined by the Administrator, Participants holding
shares of Restricted Stock granted hereunder may exercise full voting rights with respect to those
shares during the period of restriction. Participants shall have no voting rights with respect to
Shares underlying Restricted Stock Units unless and until such Shares are reflected as issued and
outstanding shares on the Company’s stock ledger.

(g) Dividends and Distributions. Participants in whose name Restricted Stock is granted shall
be entitled to receive all dividends and other distributions paid with respect to those Shares,
unless determined otherwise by the Administrator. The Administrator will determine whether any such
dividends or distributions will be automatically reinvested in additional shares of Restricted
Stock and subject to the same restrictions on transferability as the Restricted Stock with respect
to which they were distributed or whether such dividends or distributions will be paid in cash.
Shares underlying Restricted Stock Units shall be entitled to dividends or dividend equivalents
only to the extent provided by the Administrator.

(h) Payment of Restricted Stock Units. In all events, unless payment with respect to a
Restricted Stock Unit is deferred in a manner consistent with Section 409A of the Code, the Shares
and/or cash underlying such Restricted Stock Unit shall be paid to the Participant no later than
two and one-half months following the end of the year in which the Restricted Stock Unit is no
longer subject to a substantial risk of forfeiture.

(i) Legending of Restricted Stock. The Administrator may also require that certificates
representing shares of Restricted Stock be retained and held in escrow by a designated employee or
agent of the Company or any Subsidiary until any restrictions applicable to shares of Restricted
Stock so retained have been satisfied or lapsed. Any certificates evidencing shares of Restricted
Stock awarded pursuant to the Plan shall bear the following legend:

The shares represented by this certificate were issued subject to certain restrictions under
the Wolverine World Wide, Inc. Stock Incentive Plan of 2010 (the “Plan”). This certificate
is held subject to the terms and conditions contained in a restricted stock agreement that
includes a prohibition against the sale or transfer of the stock represented by this
certificate except in compliance with that agreement and that provides for forfeiture upon
certain events. Copies of the Plan and the restricted stock agreement are on file in the
office of the Secretary of the Company.

9. Stock Awards

(a) Grant. Stock Awards may be granted at any time and from time to time prior to the
termination of the Plan to Participants as determined by the Administrator. Stock Awards shall be
subject to such terms and conditions, consistent with the other provisions of the Plan, as may be
determined by the Administrator.

(b) Rights as a Stockholder. A Participant shall have all voting, dividend, liquidation and
other rights with respect to Shares issued to the Participant as a Stock Award under this Section 9
upon the Participant becoming the holder of record of the Shares granted pursuant to such Stock
Award; provided, that the Administrator may impose such restrictions on the assignment or transfer
of Shares awarded pursuant to a Stock Award as it considers appropriate.

 

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10. Incentive Bonuses

(a) General. Each Incentive Bonus Award will confer upon the Participant the opportunity to
earn a future payment tied to the level of achievement with respect to one or more performance
criteria established for a performance period of not less than one year.

(b) Incentive Bonus Document. Unless otherwise determined by the Administrator, the terms of
any Incentive Bonus will be set forth in an Award Agreement. Each Award Agreement evidencing an
Incentive Bonus shall contain provisions regarding (i) the target and maximum amount payable to the
Participant as an Incentive Bonus, (ii) the performance criteria and level of achievement versus
these criteria that shall determine the amount of such payment, (iii) the term of the performance
period as to which performance shall be measured for determining the amount of any payment,
(iv) the timing of any payment earned by virtue of performance, (v) restrictions on the alienation
or transfer of the Incentive Bonus prior to actual payment, (vi) forfeiture provisions and
(vii) such further terms and conditions, in each case not inconsistent with this Plan as may be
determined from time to time by the Administrator.

(c) Performance Criteria. The Administrator shall establish the performance criteria and level
of achievement versus these criteria that shall determine the target and maximum amount payable
under an Incentive Bonus, which criteria may be based on financial performance and/or personal
performance evaluations. The Administrator may specify the percentage of the target Incentive Bonus
that is intended to satisfy the requirements for “performance-based compensation” under
Section 162(m) of the Code. Notwithstanding anything to the contrary herein, the performance
criteria for any portion of an Incentive Bonus that is intended by the Administrator to satisfy the
requirements for “performance-based compensation” under Section 162(m) of the Code shall be a
measure based on one or more Qualifying Performance Criteria (as defined in Section 14(b)) selected
by the Administrator and specified at the time the Incentive Bonus is granted. The Administrator
shall certify the extent to which any Qualifying Performance Criteria has been satisfied, and the
amount payable as a result thereof, prior to payment of any Incentive Bonus that is intended to
satisfy the requirements for “performance-based compensation” under Section 162(m) of the Code.

(d) Timing and Form of Payment. The Administrator shall determine the timing of payment of any
Incentive Bonus. Payment of the amount due under an Incentive Bonus may be made in cash or in
Shares, as determined by the Administrator. The Administrator may provide for or, subject to such
terms and conditions as the Administrator may specify, may permit a Participant to elect for the
payment of any Incentive Bonus to be deferred to a specified date or event. In all events, unless
payment of an Incentive Bonus is deferred in a manner consistent with Section 409A of the Code, any
Incentive Bonus shall be paid to the Participant no later than two and one-half months following
the end of the year in which the Incentive Bonus is no longer subject to a substantial risk of
forfeiture.

(e) Discretionary Adjustments. Notwithstanding satisfaction of any performance goals, the
amount paid under an Incentive Bonus on account of either financial performance or personal
performance evaluations may, to the extent specified in the Award Agreement or other document
evidencing the Award, be reduced, but not increased, by the Administrator on the basis of such
further considerations as the Administrator shall determine.

 

11

 

11. Deferral of Gains

The Administrator may, in an Award Agreement or otherwise, provide for the deferred delivery
of Shares upon settlement, vesting or other events with respect to Restricted Stock or Restricted
Stock Units, or in payment or satisfaction of an Incentive Bonus. Notwithstanding anything herein
to the contrary, in no event will any deferral of the delivery of Shares or any other payment with
respect to any Award be allowed if the Administrator determines, in its sole and absolute
discretion, that the deferral would result in the imposition of the additional tax under
Section 409A(a)(1)(B) of the Code. No award shall provide for deferral of compensation that does
not comply with Section 409A of the Code, unless the Board, at the time of grant, specifically
provides that the Award is not intended to comply with Section 409A of the Code. The Company shall
have no liability to a Participant, or any other party, if an Award that is intended to be exempt
from, or compliant with, Section 409A of the Code is not so exempt or compliant or for any action
taken by the Board.

12. Conditions and Restrictions Upon Securities Subject to Awards

The Administrator may provide that the Shares issued upon exercise of an Option or Stock
Appreciation Right or otherwise subject to or issued under an Award shall be subject to such
further agreements, restrictions, conditions or limitations as the Administrator in its sole and
absolute discretion may specify prior to the exercise of such Option or Stock Appreciation Right or
the grant, vesting or settlement of such Award, including without limitation, conditions on vesting
or transferability, forfeiture or repurchase provisions and method of payment for the Shares issued
upon exercise, vesting or settlement of such Award (including the actual or constructive surrender
of Shares already owned by the Participant) or payment of taxes arising in connection with an
Award. Without limiting the foregoing, such restrictions may address the timing and manner of any
resales by the Participant or other subsequent transfers by the Participant of any Shares issued
under an Award, including without limitation (i) restrictions under an insider trading policy or
pursuant to applicable law, (ii) restrictions designed to delay and/or coordinate the timing and
manner of sales by Participant and holders of other Company equity compensation arrangements,
(iii) restrictions as to the use of a specified brokerage firm for such resales or other transfers
and (iv) provisions requiring Shares to be sold on the open market or to the Company in order to
satisfy tax withholding or other obligations.

13. Adjustment of and Changes in the Stock

(a) General. The number and kind of Shares available for issuance under this Plan (including
under any Awards then outstanding), and the number and kind of Shares subject to the limits set
forth in Section 5 of this Plan, shall be equitably adjusted by the Administrator to reflect any
reorganization, reclassification, combination of shares, stock split, reverse stock split,
spin-off, dividend or distribution of securities, property or cash (other than regular, quarterly
cash dividends), or any other event or transaction that affects the number or kind of Shares
outstanding. Such adjustment may be designed to comply with Section 425 of the Code or may be
designed to treat the Shares available under the Plan and subject to Awards as if they were all
outstanding on the record date for such event or transaction or to increase the number of such
Shares to reflect a deemed reinvestment in Shares of the amount distributed to the Company’s
securityholders. The terms of any outstanding Award shall also be equitably adjusted by the
Administrator as to price, number or kind of Shares subject to such Award, vesting, and other terms
to reflect the foregoing events, which adjustments need not be uniform as between different Awards
or different types of Awards.

 

12

 

In the event there shall be any other change in the number or kind of outstanding Shares, or
any stock or other securities into which such Shares shall have been changed, or for which it shall
have been exchanged, by reason of a change of control, other merger, consolidation or otherwise,
then the Administrator shall determine the appropriate and equitable adjustment to be effected. In
addition, in the event of such change described in this paragraph, the Administrator may accelerate
the time or times at which any Award may be exercised and may provide for cancellation of such
accelerated Awards that are not exercised within a time prescribed by the Administrator in its sole
and absolute discretion.

No right to purchase fractional shares shall result from any adjustment in Awards pursuant to
this Section 13. In case of any such adjustment, the Shares subject to the Award shall be rounded
down to the nearest whole Share with respect to Options and Stock Appreciation Rights. The Company
shall notify Participants holding Awards subject to any adjustments pursuant to this Section 13 of
such adjustment, but (whether or not notice is given) such adjustment shall be effective and
binding for all purposes of the Plan.

(b) Change in Control. The Administrator may determine the effect of a Change in Control on
outstanding Awards in a manner that, in the Administrator’s reasonable discretion, is fair and
equitable to Participants. Such effects, which need not be the same for every Participant, may
include, without limitation: (x) the substitution for the Shares subject to any outstanding Award,
or portion thereof, stock or other securities of the surviving corporation or any successor
corporation to the Company, or a parent or subsidiary thereof, in which event the aggregate
purchase or exercise price, if any, of such Award, or portion thereof, shall remain the same,
and/or (y) the conversion of any outstanding Award, or portion thereof, into a right to receive
cash or other property upon or following the consummation of the Change in Control in an amount
equal to the value of the consideration to be received by holders of Shares in connection with such
transaction for one Share, less the per share purchase or exercise price of such Award, if any,
multiplied by the number of Shares subject to such Award, or a portion thereof. Notwithstanding
the foregoing, unless otherwise determined by the Administrator, Awards shall be treated as follows
in connection with a Change in Control:

(i) Acceleration of Vesting. Without action by the Administrator or the Board: (a) all
outstanding Options and Stock Appreciation Rights shall become immediately exercisable in full and
shall remain exercisable during the remaining terms thereof, regardless of whether the Participants
to whom such Options and Stock Appreciation Rights have been granted remain in the employ or
service of the Company or any Subsidiary; and (b) all other outstanding Awards shall become
immediately fully vested and exercisable and nonforfeitable; and

 

13

 

(ii) Cash Payment for Stock Options/Stock Appreciation Rights. Without the consent of any
Participant affected thereby, the Administrator may determine that some or all Participants holding
outstanding Options and/or Stock Appreciation Rights shall receive, with respect to some or all of
the Shares subject to such Options and/or Stock Appreciation Rights, as of the effective date of
any such Change in Control of the Company, cash in an amount equal to the greater of the excess of
(A) the highest sales price of the shares on the New York Stock Exchange on the date immediately
prior to the effective date of such Change in Control of the Company or (B) the highest price per
share actually paid in connection with any Change in Control of the Company over the exercise price
per share of such Options and/or Stock Appreciation Rights.

14. Qualifying Performance-Based Compensation

(a) General. The Administrator may establish performance criteria and level of achievement
versus such criteria that shall determine the number of Shares to be granted, retained, vested,
issued or issuable under or in settlement of or the amount payable pursuant to an Award, which
criteria may be based on Qualifying Performance Criteria or other standards of financial
performance and/or personal performance evaluations. In addition, the Administrator may specify
that an Award or a portion of an Award is intended to satisfy the requirements for
“performance-based compensation” under Section 162(m) of the Code, provided that the performance
criteria for such Award or portion of an Award that is intended by the Administrator to satisfy the
requirements for “performance-based compensation” under Section 162(m) of the Code shall be a
measure based on one or more Qualifying Performance Criteria selected by the Administrator and
specified at the time the Award is granted. The Administrator shall certify the extent to which any
Qualifying Performance Criteria has been satisfied, and the amount payable as a result thereof,
prior to payment, settlement or vesting of any Award that is intended to satisfy the requirements
for “performance-based compensation” under Section 162(m) of the Code.

(b) Qualifying Performance Criteria. For purposes of this Plan, the term “Qualifying
Performance Criteria” shall mean any one or more of the following performance criteria, or
derivations of such performance criteria, either individually, alternatively or in any combination,
applied to either the Company as a whole or to a business unit or Subsidiary, either individually,
alternatively or in any combination, and measured either annually or cumulatively over a period of
years, on an absolute basis or relative to a pre-established target, to previous years’ results or
to a designated comparison group, in each case as specified by the Administrator: (i) net earnings
or earnings per share (including earnings before interest, taxes, depreciation and/or
amortization), (ii) income, net income or operating income, (iii) revenues, (iv) net sales, (v)
return on sales, (vi) return on equity, (vii) return on capital (including return on total capital
or return on invested capital), (viii) return on assets or net assets, (ix) earnings per share, (x)
economic value added measurements, including BVA, (xi) return on invested capital, (xii) return on
operating revenue, (xiii) cash flow (before or after dividends), (xiv) stock price, (xv) total
stockholder return, (xvi) market capitalization, (xvii) economic value added, (xviii) debt leverage
(debt to capital), (xix) operating profit or net operating profit, (xx) operating margin or profit
margin, (xxi) cash from operations, (xxii) market share, (xxiii) product development or release
schedules, (xxiv) new product innovation, (xxv) cost reductions, (xxvi) customer service, or
(xxvii) customer satisfaction. To the extent consistent with Section 162(m) of the Code, the
Administrator (A) may appropriately adjust any evaluation of performance under a Qualifying
Performance Criteria to eliminate the effects of charges for restructurings, discontinued
operations, extraordinary items and all items of gain, loss or expense determined to be
extraordinary or unusual in nature or related to the disposal of a segment of a business or related
to a change in accounting principle all as determined in accordance with standards established by
opinion No. 30 of the Accounting Principles Board (APB Opinion No. 30) or other applicable or
successor accounting provisions, as well as the cumulative effect of accounting changes, in each
case as determined in accordance with generally accepted accounting principles or identified in the
Company’s financial statements or notes to the financial statements, and (B) may appropriately
adjust any evaluation of performance under a Qualifying Performance Criteria to exclude any of the
following events that occurs during a performance period: (i) asset write-downs, (ii) litigation,
claims, judgments or settlements, (iii) the effect of changes in tax law or other such laws or
provisions affecting reported results, and (iv) accruals of any amounts for payment under this Plan
or any other compensation arrangement maintained by the Company.

 

14

 

15. Transferability

Unless the Administrator determines otherwise, each Award may not be sold, transferred,
pledged, assigned, or otherwise alienated or hypothecated by a Participant other than by will or
the laws of descent and distribution, and each Option or Stock Appreciation Right shall be
exercisable only by the Participant during his or her lifetime. To the extent permitted by the
Administrator, the person to whom an Award is initially granted (the “Grantee”) may transfer an
Award to any “family member” of the Grantee (as such term is defined in Section 1(a)(5) of the
General Instructions to Form S-8 under the Securities Act of 1933, as amended (“Form S-8”)), to
trusts solely for the benefit of such family members and to partnerships in which such family
members and/or trusts are the only partners; provided that, (i) as a condition thereof, the
transferor and the transferee must execute a written agreement containing such terms as specified
by the Administrator, and (ii) the transfer is pursuant to a gift or a domestic relations order to
the extent permitted under the General Instructions to Form S-8. Except to the extent specified
otherwise in the agreement the Administrator provides for the Grantee and transferee to execute,
all vesting, exercisability and forfeiture provisions that are conditioned on the Grantee’s
continued employment or service shall continue to be determined with reference to the Grantee’s
employment or service (and not to the status of the transferee) after any transfer of an Award
pursuant to this Section 15, and the responsibility to pay any taxes in connection with an Award
shall remain with the Grantee notwithstanding any transfer other than by will or intestate
succession.

16. Suspension or Termination of Awards

Except as otherwise provided by the Administrator, if at any time (including after a notice of
exercise has been delivered or an award has vested) the Company’s chief executive officer or any
other person designated by the Administrator (each such person, an “Authorized Officer”) reasonably
believes that a Participant may have committed an Act of Misconduct as described in this
Section 16, the Authorized Officer, Administrator or the Board may suspend the Participant’s rights
to exercise any Option, to vest in an Award, and/or to receive payment for or receive Shares in
settlement of an Award pending a determination of whether an Act of Misconduct has been committed.

 

15

 

If the Administrator or an Authorized Officer determines a Participant has committed an act of
embezzlement, fraud, dishonesty, nonpayment of any obligation owed to the Company or any
Subsidiary, breach of fiduciary duty or deliberate disregard of the Company or Subsidiary rules
resulting in loss, damage or injury to the Company or any Subsidiary, or if a Participant makes an
unauthorized disclosure of any Company or Subsidiary trade secret or confidential information,
solicits any employee or service provider to leave the employ or cease providing services to the
Company or any Subsidiary, breaches any intellectual property or assignment of inventions covenant,
engages in any conduct constituting unfair competition, breaches any non-competition agreement,
induces any Company or Subsidiary customer to breach a contract with the Company or any Subsidiary
or to cease doing business with the Company or any Subsidiary, or induces any principal for whom
the Company or any Subsidiary acts as agent to terminate such agency relationship (any of the
foregoing acts, an “Act of Misconduct”), then except as otherwise provided by the Administrator,
including through any agreement approved by the Administrator, (i) neither the Participant nor his
or her estate nor transferee shall be entitled to exercise any Option or Stock Appreciation Right
whatsoever, vest in or have the restrictions on an Award lapse, or otherwise receive payment of an
Award, (ii) the Participant will forfeit all outstanding Awards and (iii) the Participant may be
required, at the Administrator’s sole and absolute discretion, to return and/or repay to the
Company any then unvested Shares previously issued under the Plan. In making such determination,
the Administrator or an Authorized Officer shall give the Participant an opportunity to appear and
present evidence on his or her behalf at a hearing before the Administrator or its designee or an
opportunity to submit written comments, documents, information and arguments to be considered by
the Administrator.

17. Compliance with Laws and Regulations

This Plan, the grant, issuance, vesting, exercise and settlement of Awards thereunder, and the
obligation of the Company to sell, issue or deliver Shares under such Awards, shall be subject to
all applicable foreign, federal, state and local laws, rules and regulations, stock exchange rules
and regulations, and to such approvals by any governmental or regulatory agency as may be required.
The Company shall not be required to register in a Participant’s name or deliver any Shares prior
to the completion of any registration or qualification of such shares under any foreign, federal,
state or local law or any ruling or regulation of any government body which the Administrator shall
determine to be necessary or advisable. To the extent the Company is unable to or the Administrator
deems it infeasible to obtain authority from any regulatory body having jurisdiction, which
authority is deemed by the Company’s counsel to be necessary to the lawful issuance and sale of any
Shares hereunder, the Company and its Subsidiaries shall be relieved of any liability with respect
to the failure to issue or sell such Shares as to which such requisite authority shall not have
been obtained. No Option shall be exercisable and no Shares shall be issued and/or transferable
under any other Award unless a registration statement with respect to the Shares underlying such
Option is effective and current or the Company has determined that such registration is
unnecessary.

In the event an Award is granted to or held by a Participant who is employed or providing
services outside the United States, the Administrator may, in its sole and absolute discretion,
modify the provisions of the Plan or of such Award as they pertain to such individual to comply
with applicable foreign law or to recognize differences in local law, currency or tax policy. The
Administrator may also impose conditions on the grant, issuance, exercise, vesting, settlement or
retention of Awards in order to comply with such foreign law and/or to minimize the Company’s
obligations with respect to tax equalization for Participants employed outside their home country.

 

16

 

18. Withholding

To the extent required by applicable federal, state, local or foreign law, a Participant shall
be required to satisfy, in a manner satisfactory to the Company, any withholding tax obligations
that arise by reason of an Option exercise, disposition of Shares issued under an Incentive Stock
Option, the vesting of or settlement of an Award, an election pursuant to Section 83(b) of the Code
or otherwise with respect to an Award. To the extent a Participant makes an election under
Section 83(b) of the Code, within ten days of filing such election with the Internal Revenue
Service, the Participant must notify the Company in writing of such election. The Company and its
Subsidiaries shall not be required to issue Shares, make any payment or to recognize the transfer
or disposition of Shares until all such obligations are satisfied. The Administrator may provide
for or permit these obligations to be satisfied through the mandatory or elective sale of Shares
and/or by having the Company withhold a portion of the Shares that otherwise would be issued to him
or her upon exercise of the Option or the vesting or settlement of an Award, or by tendering Shares
previously acquired.

19. Administration of the Plan

(a) Administrator of the Plan. The Plan shall be administered by the Administrator who shall
be the Compensation Committee of the Board or, in the absence of a Compensation Committee, the
Board itself. Any power of the Administrator may also be exercised by the Board, except to the
extent that the grant or exercise of such authority would cause any Award or transaction to become
subject to (or lose an exemption under) the short-swing profit recovery provisions of Section 16 of
the Act or cause an Award designated as a Performance Award not to qualify for treatment as
performance-based compensation under Section 162(m) of the Code. To the extent that any permitted
action taken by the Board conflicts with action taken by the Administrator, the Board action shall
control. The Compensation Committee may by resolution authorize one or more officers of the Company
to perform any or all things that the Administrator is authorized and empowered to do or perform
under the Plan, and for all purposes under this Plan, such officer or officers shall be treated as
the Administrator; provided, however, that no such officer shall designate himself or herself as a
recipient of any Awards granted under authority delegated to such officer. The Compensation
Committee hereby designates the Company’s chief executive officer, the Company’s chief financial
officer, the Secretary of the Company, and the head of the Company’s human resource function to
assist the Administrator in the administration of the Plan and execute agreements evidencing Awards
made under this Plan or other documents entered into under this Plan on behalf of the Administrator
or the Company. In addition, the Compensation Committee may delegate any or all aspects of the
day-to-day administration of the Plan to one or more officers or employees of the Company or any
Subsidiary, and/or to one or more agents.

 

17

 

(b) Powers of Administrator. Subject to the express provisions of this Plan, the Administrator
shall be authorized and empowered to do all things that it determines to be necessary or
appropriate in connection with the administration of this Plan, including, without
limitation: (i) to prescribe, amend and rescind rules and regulations relating to this Plan
and to define terms not otherwise defined herein; (ii) to determine which persons are Participants,
to which of such Participants, if any, Awards shall be granted hereunder and the timing of any such
Awards; (iii) to grant Awards to Participants and determine the terms and conditions thereof,
including the number of Shares subject to Awards and the exercise or purchase price of such Shares
and the circumstances under which Awards become exercisable or vested or are forfeited or expire,
which terms may but need not be conditioned upon the passage of time, continued employment, the
satisfaction of performance criteria, the occurrence of certain events (including a Change in
Control), or other factors; (iv) to establish and verify the extent of satisfaction of any
performance goals or other conditions applicable to the grant, issuance, exercisability, vesting
and/or ability to retain any Award; (v) to prescribe and amend the terms of the agreements or other
documents evidencing Awards made under this Plan (which need not be identical) and the terms of or
form of any document or notice required to be delivered to the Company by Participants under this
Plan; (vi) to determine the extent to which adjustments are required pursuant to Section 13;
(vii) to interpret and construe this Plan, any rules and regulations under this Plan and the terms
and conditions of any Award granted hereunder, and to make exceptions to any such provisions if the
Administrator, in good faith, determines that it is necessary to do so in light of extraordinary
circumstances and for the benefit of the Company; (viii) to approve corrections in the
documentation or administration of any Award; and (ix) to make all other determinations deemed
necessary or advisable for the administration of this Plan. The Administrator may, in its sole and
absolute discretion, without amendment to the Plan, waive or amend the operation of Plan provisions
respecting exercise after termination of employment or service to the Company or an Affiliate and,
except as otherwise provided herein, adjust any of the terms of any Award. The Administrator may
also (A) accelerate the date on which any Award granted under the Plan becomes exercisable or
(B) accelerate the vesting date or waive or adjust any condition imposed hereunder with respect to
the vesting or exercisability of an Award, provided that the Administrator, in good faith,
determines that such acceleration, waiver or other adjustment is necessary or desirable in light of
extraordinary circumstances. Notwithstanding anything in the Plan to the contrary, no Award
outstanding under the Plan may be repriced, regranted through cancellation or otherwise amended to
reduce the exercise price applicable thereto (other than with respect to adjustments made in
connection with a transaction or other change in the Company’s capitalization as described in
Section 13) without the approval of the Company’s stockholders.

(c) Determinations by the Administrator. All decisions, determinations and interpretations by
the Administrator regarding the Plan, any rules and regulations under the Plan and the terms and
conditions of or operation of any Award granted hereunder, shall be final and binding on all
Participants, beneficiaries, heirs, assigns or other persons holding or claiming rights under the
Plan or any Award. The Administrator shall consider such factors as it deems relevant, in its sole
and absolute discretion, to making such decisions, determinations and interpretations including,
without limitation, the recommendations or advice of any officer or other employee of the Company
and such attorneys, consultants and accountants as it may select.

(d) Subsidiary Awards. In the case of a grant of an Award to any Participant employed by a
Subsidiary, such grant may, if the Administrator so directs, be implemented by the Company issuing
any subject Shares to the Subsidiary, for such lawful consideration as the Administrator may
determine, upon the condition or understanding that the Subsidiary will
transfer the Shares to the Participant in accordance with the terms of the Award specified by
the Administrator pursuant to the provisions of the Plan. Notwithstanding any other provision
hereof, such Award may be issued by and in the name of the Subsidiary and shall be deemed granted
on such date as the Administrator shall determine.

 

18

 

(e) Indemnification of Administrator. Neither any member nor former member of the
Administrator nor any individual to whom authority is or has been delegated shall be personally
responsible or liable for any act or omission in connection with the performance of powers or
duties or the exercise of discretion or judgment in the administration and implementation of the
Plan. Each person who is or shall have been a member of the Administrator shall be indemnified and
held harmless by the Company from and against any cost, liability or expense imposed or incurred in
connection with such person’s or the Administrator’s taking or failing to take any action under the
Plan. Each such person shall be justified in relying on information furnished in connection with
the Plan’s administration by any employee, officer, agent or expert employed or retained by the
Administrator or the Company.

20. Amendment of the Plan or Awards

The Board may amend, alter or discontinue this Plan and the Administrator may amend or alter
any agreement or other document evidencing an Award made under this Plan but, except as provided
pursuant to the provisions of Section 13, no such amendment shall, without the approval of the
stockholders of the Company:

(a) increase the maximum number of Shares for which Awards may be granted under this Plan;

(b) reduce the price at which Options or Stock Appreciation Rights may be granted below the
price provided for in Section 6(a);

(c) reduce the exercise price of outstanding Options or Stock Appreciation Rights;

(d) extend the term of this Plan;

(e) change the class of persons eligible to be Participants;

(f) otherwise amend the Plan in any manner requiring stockholder approval by law or under the
New York Stock Exchange listing requirements; or

(g) increase the individual maximum limits in Sections 5(c).

No amendment or alteration to the Plan or an Award or Award Agreement shall be made which
would impair the rights of the holder of an Award, without such holder’s consent, provided that no
such consent shall be required if the Administrator determines in its sole and absolute discretion
and prior to the date of any Change in Control that such amendment or alteration either is required
or advisable in order for the Company, the Plan or the Award to satisfy any law or regulation or to
meet the requirements of or avoid adverse financial accounting consequences under any accounting
standard. In addition, the Plan may not be amended in any way that causes the Plan to fail to
comply with or be exempt from Section 409A of the Code,
unless the Board expressly determines to amend the Plan to be subject to Section 409A of the
Code.

 

19

 

21. No Liability of Company

The Company and any Subsidiary or affiliate which is in existence or hereafter comes into
existence shall not be liable to a Participant or any other person as to: (a) the non-issuance or
sale of Shares as to which the Company has been unable to obtain from any regulatory body having
jurisdiction the authority deemed by the Company’s counsel to be necessary to the lawful issuance
and sale of any Shares hereunder; and (b) any tax consequence expected, but not realized, by any
Participant or other person due to the receipt, exercise or settlement of any Award granted
hereunder.

22. Non-Exclusivity of Plan

Neither the adoption of this Plan by the Board nor the submission of this Plan to the
stockholders of the Company for approval shall be construed as creating any limitations on the
power of the Board or the Administrator to adopt such other incentive arrangements as either may
deem desirable, including without limitation, the granting of restricted stock or stock options
otherwise than under this Plan or an arrangement not intended to qualify under Code Section 162(m),
and such arrangements may be either generally applicable or applicable only in specific cases.

23. Governing Law

This Plan and any agreements or other documents hereunder shall be interpreted and construed
in accordance with the laws of Delaware and applicable federal law. Any reference in this Plan or
in the agreement or other document evidencing any Awards to a provision of law or to a rule or
regulation shall be deemed to include any successor law, rule or regulation of similar effect or
applicability.

24. No Right to Employment, Reelection or Continued Service

Nothing in this Plan or an Award Agreement shall interfere with or limit in any way the right
of the Company, its Subsidiaries and/or its affiliates to terminate any Participant’s employment,
service on the Board or service for the Company at any time or for any reason not prohibited by
law, nor shall this Plan or an Award itself confer upon any Participant any right to continue his
or her employment or service for any specified period of time. Neither an Award nor any benefits
arising under this Plan shall constitute an employment contract with the Company, any Subsidiary
and/or its affiliates. Subject to Sections 4 and 20, this Plan and the benefits hereunder may be
terminated at any time in the sole and exclusive discretion of the Board without giving rise to any
liability on the part of the Company, its Subsidiaries and/or its affiliates.

25. Unfunded Plan

The Plan is intended to be an unfunded plan. Participants are and shall at all times be
general creditors of the Company with respect to their Awards. If the Administrator or the
Company chooses to set aside funds in a trust or otherwise for the payment of Awards under the
Plan, such funds shall at all times be subject to the claims of the creditors of the Company in the
event of its bankruptcy or insolvency.

 

20exv4w1

Exhibit 4.1

REPUBLIC SERVICES, INC.

to

U.S. BANK NATIONAL ASSOCIATION

as Trustee

GUARANTEED

BY THE GUARANTORS NAMED HEREIN

 

SECOND SUPPLEMENTAL INDENTURE,

Dated as of March 4, 2010

 

$850,000,000

5.00% Notes due 2020

 

Supplement to Indenture dated as of November 25, 2009

 

 

          SECOND SUPPLEMENTAL INDENTURE, dated as of March 4, 2010 (the “Second Supplemental
Indenture”), between REPUBLIC SERVICES, INC., a Delaware corporation (hereinafter called the
“Company”), the guarantors listed on the signature pages hereto (collectively, the “Guarantors” and
each, a “Guarantor”), and U.S. BANK NATIONAL ASSOCIATION, as trustee under the Base Indenture
referred to below (hereinafter called the “Trustee”).

          WHEREAS, the Company entered into an Indenture dated as of November 25, 2009 (the “Base
Indenture,” all capitalized terms used in this Second Supplemental Indenture and not otherwise
defined being used as defined in the Base Indenture) (the Base Indenture and Second Supplemental
Indenture are hereinafter collectively called the “Indenture”) with the Trustee, providing for (i)
the issuance of senior notes, unlimited as to principal amount, to bear such rates of interest, to
mature at such time or times, to be issued in one or more series and to have such other provisions
as authorized by or pursuant to the authority granted in one or more resolutions of the Board of
Directors of the Company and (ii) the guarantee of such senior notes by guarantors to be named in a
supplemental indenture (collectively, the “Guarantees” and each, a “Guarantee”); and

          WHEREAS, the Company proposes to issue $850,000,000 aggregate principal amount of its 5.00%
Notes due 2020 guaranteed by the Guarantors (such senior notes being referred to herein as the
“Initial Notes”) and to provide therefore and for, if and when issued in exchange for the Initial
Notes pursuant to the Indenture and the Registration Rights Agreement, 5.00% Notes due 2020
guaranteed by the Guarantors and registered under the Securities Act (such senior notes being
referred to herein as the “Exchange Notes” and, together with the Initial Notes, the “Notes,” and
all references to Securities in the Base Indenture shall be deemed to refer also to the Notes
unless the context otherwise provides); and

          WHEREAS, Section 9.01 of the Base Indenture provides that without the consent of the Holders
of the Securities of any series issued under the Base Indenture, the Company, when authorized by a
Board Resolution, and the Trustee may enter into one or more indentures supplemental to the Base
Indenture to, among other things, establish the form or terms of securities of any series as
permitted by Sections 2.01 and 3.01 thereof and provide for Guarantees of such series as provided
by Section 13.01 thereof; and

          WHEREAS, the entry into this Second Supplemental Indenture by the parties hereto is in all
respects authorized by the provisions of the Base Indenture; and

          WHEREAS, all things necessary have been done to make this Second Supplemental Indenture, when
executed and delivered by the Company and the Guarantors, the legal, valid and binding agreement of
the Company and the Guarantors, in accordance with its terms; and

          WHEREAS, all things necessary have been done to make the Notes, when executed and delivered by
the Company and authenticated by the Trustee as provided for in the Indenture, the legal, valid and
binding agreement of the Company, in accordance with its terms; and

- 1 -

 

          WHEREAS, all things necessary have been done to make the Guarantees, when (a) the Notes are
executed and delivered by the Company and authenticated by the Trustee and (b) this Second
Supplemental Indenture is executed and delivered by the Guarantors, the legal, valid and binding
agreement of the Guarantors, in accordance with their terms; and

          NOW, THEREFORE, THIS SECOND SUPPLEMENTAL INDENTURE WITNESSETH:

          The parties hereto mutually covenant and agree as follows:

          SECTION 1. The Base Indenture is hereby amended solely with respect to the Notes, except as
otherwise expressly provided herein, as follows:

	 	(A)	 	By amending Section 1.01 to replace in whole the following
definitions thereto in lieu of the corresponding existing definitions, so that
in the event of a conflict with the definition of terms in the Base Indenture,
the following definitions shall control:

     “Independent Investment Banker” means any of Barclays Capital Inc., J.P. Morgan
Securities Inc., UBS Securities LLC and their respective successors, or if all of
such firms are unwilling or unable to select the Comparable Treasury Issue, an
independent investment banking institution of national standing appointed by the
Company.

     “Reference Treasury Dealer” means (1) any of Barclays Capital Inc., J.P. Morgan
Securities Inc., UBS Securities LLC and their respective successors, provided,
however, that if any of the foregoing shall cease to be a primary U.S. Government
securities dealer (a “Primary Treasury Dealer”), the Company will substitute for
such bank another Primary Treasury Dealer and (2) any other Primary Treasury Dealer
selected by the Independent Investment Banker after consultation with the Company.

	 	(B)	 	By amending Section 1.01 to add the following new definitions
in correct alphabetical order:

     “144A Global Security” means a Global Security substantially in the form of
Exhibit A hereto bearing the Global Security Legend and the Private Placement Legend
and deposited with or on behalf of, and registered in the name of, the Depositary or
its nominee that will be issued in a denomination equal to the outstanding principal
amount of the Notes sold in reliance on Rule 144A.

     “Additional Notes” has the meaning set forth in Section 3.01.

     “Change of Control” means the occurrence of any of the following after the date
of issuance of the Notes:

- 2 -

 

     1. the direct or indirect sale, lease, transfer, conveyance or other
disposition (other than by way of merger or consolidation), in one or a
series of related transactions, of all or substantially all of the assets of
the Company and its Subsidiaries taken as a whole to any “person” or “group”
(as those terms are used in Section 13(d)(3) of the Exchange Act) other than
to the Company or one of its Subsidiaries;

     2. the consummation of any transaction (including, without limitation, any
merger or consolidation) the result of which is that any “person” or “group”
(as those terms are used in Section 13(d)(3) of the Exchange Act, it being
agreed that an employee of the Company or any of its Subsidiaries for whom
shares are held under an employee stock ownership, employee retirement,
employee savings or similar plan and whose shares are voted in accordance
with the instructions of such employee shall not be a member of a “group”
(as that term is used in Section 13(d)(3) of the Exchange Act) solely
because such employee’s shares are held by a trustee under said plan)
becomes the “beneficial owner” (as defined in Rules 13d-3 and 13d-5 under
the Exchange Act), directly or indirectly, of the Company’s Voting Stock
representing more than 50% of the voting power of its outstanding Voting
Stock;

     3. the Company consolidates with, or merges with or into, any Person, or any
Person consolidates with, or merges with or into, the Company, in any such
event pursuant to a transaction in which any of the Company’s outstanding
Voting Stock or Voting Stock of such other Person is converted into or
exchanged for cash, securities or other property, other than any such
transaction where the Company’s Voting Stock outstanding immediately prior
to such transaction constitutes, or is converted into or exchanged for,
Voting Stock representing more than 50% of the voting power of the Voting
Stock of the surviving Person immediately after giving effect to such
transaction;

     4. during any period of 24 consecutive calendar months, the majority of the
members of the Company’s Board of Directors shall no longer be composed of
individuals (a) who were members of the Company’s Board of Directors on the
first day of such period or (b) whose election or nomination to the
Company’s Board of Directors was approved by individuals referred to in
clause (a) above constituting, at the time of such election or nomination,
at least a majority of the Company’s Board of Directors or, if directors are
nominated by a committee of the Company’s Board of Directors, constituting
at the time of such nomination, at least a majority of such committee; or

     5. the adoption of a plan relating to the Company’s liquidation or
dissolution.

- 3 -

 

     “Change of Control Triggering Event” means, with respect to the Notes, the
Notes cease to be rated Investment Grade by each of the Rating Agencies on any date
during the period (the “Trigger Period”) commencing 60 days prior to the first
public announcement by the Company of any Change of Control (or pending Change of
Control) and ending 60 days following consummation of such Change of Control (which
Trigger Period will be extended following consummation of a Change of Control for so
long as any of the Rating Agencies has publicly announced that it is considering a
possible ratings change). If a Rating Agency is not providing a rating for the Notes
at the commencement of any Trigger Period, the Notes will be deemed to have ceased
to be rated Investment Grade by such Rating Agency during that Trigger Period.

     “Change of Control Payment” has the meaning set forth in Section 14.01.

     “Change of Control Payment Date” has the meaning set forth in Section 14.01.

     “Change of Control Offer” has the meaning set forth in Section 14.01.

     “Change of Control Repurchase Notice” has the meaning set forth in Section
14.01.

     “Certificated Security” means a Security registered in the name of the Holder
thereof and issued in accordance with Section 3.06 hereof, substantially in the form
of the Security attached hereto as Exhibit A and that does not include the
information called for by footnotes 1, 3 and 4 thereof.

     “Clearstream” means Clearstream Banking, société anonyme, Luxembourg (or any
successor securities clearing agency).

     “Euroclear” means Euroclear Bank, SA/NV as operator of the Euroclear Clearance
System (or any successor securities clearing agency).

     “Exchange Notes” has the meaning set forth in the Recitals.

     “Exchange Offer” means the offer that may be made by the Company pursuant to
the Registration Rights Agreement to exchange Exchange Notes for Initial Notes.

     “Exchange Offer Registration Statement” has the meaning set forth in the
Registration Rights Agreement.

     “Global Security Legend” means the legend set forth in Section 3.06(h)(ii),
which is required to be placed on all Global Securities issued under this Indenture.

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     “Indirect Participant” means a Person who holds a beneficial interest in a
Global Security through a Participant.

     “Initial Notes” has the meaning set forth in the Recitals.

     “Investment Grade” means a rating of Baa3 or better by Moody’s (or its
equivalent under any successor rating category of Moody’s) and a rating of BBB- or
better by S&P (or its equivalent under any successor rating category of S&P), and
the equivalent investment grade credit rating from any replacement rating agency or
rating agencies selected by the Company under the circumstances permitting the
Company to select a replacement agency and in the manner for selecting a replacement
agency, in each case as set forth in the definition of “Rating Agency.”

     “Letter of Transmittal” means any letter of transmittal, or its electronic
equivalent in accordance with the Applicable Procedures, to be prepared by the
Company and sent to all Holders of the Initial Notes for use by such Holders in
connection with an Exchange Offer.

     “Moody’s” means Moody’s Investors Service, Inc., a subsidiary of Moody’s
Corporation, and its successors.

     “Non-U.S. Person” has the meaning assigned to such term in Regulation S.

     “Note” or “Notes” means the Initial Notes, the Exchange Notes and the
Additional Notes, if any.

     “Participant” means, with respect to the Depositary, Euroclear or Clearstream,
a Person who has an account with the Depositary, Euroclear or Clearstream,
respectively (and, with respect to DTC, shall include Euroclear and Clearstream).

     “Private Placement Legend” means the legend set forth in Section 3.06(h)(i) to
be placed on all Notes issued under this Indenture except where otherwise permitted
by the provisions of this Indenture. Notes issued in the Exchange Offer or sold off
of the Shelf Registration Statement will not be required to bear a Private Placement
Legend except to the extent required by the terms of the Indenture.

     “QIB” means a “qualified institutional buyer” as defined in Rule 144A.

     “Rating Agency” means each of Moody’s and S&P; provided, that if any of Moody’s
or S&P ceases to rate the Notes or fails to make a rating of the Notes publicly
available for reasons outside the Company’s control, the Company may
appoint another “nationally recognized statistical rating organization” within
the

- 5 -

 

meaning of Rule 15c3-1(c)(2)(vi)(F) under the Exchange Act as a replacement for
such Rating Agency; provided, that the Company shall give notice of such appointment
to the Trustee.

     “Registration Rights Agreement” means (i) the Registration Rights Agreement,
dated as of March 4, 2010, by and among the Company, the Guarantors and the other
parties named on the signature pages thereof, as such agreement may be amended,
modified or supplemented from time to time and (ii) with respect to any Additional
Notes issued subsequent to March 4, 2010, the Registration Rights Agreement, if any,
entered into for the benefit of the holders of such Additional Notes, if any.

     “Regulation S” means Regulation S promulgated under the Securities Act.

     “Regulation S Global Security” means a Global Security bearing the Global
Securities Legend and the Private Placement Legend and deposited with or on behalf
of the Depositary and registered in the name of the Depositary or its nominee,
issued in a denomination equal to the outstanding principal amount of the Notes
initially sold in reliance on Rule 903 of Regulation S.

     “Restricted Certificated Security” means a Certificated Security bearing the
Private Placement Legend.

     “Restricted Global Security” means a Global Security bearing the Private
Placement Legend.

     “Rule 144” means Rule 144 promulgated under the Securities Act.

     “Rule 144A” means Rule 144A promulgated under the Securities Act.

     “Rule 903” means Rule 903 promulgated under the Securities Act.

     “Rule 904” means Rule 904 promulgated under the Securities Act.

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

     “Shelf Registration Statement” means the Shelf Registration Statement as
defined in the Registration Rights Agreement.

     “Voting Stock” of any specified Person as of any date means the capital stock
of such Person that is at the time entitled to vote generally in the election of the
board of directors of such Person.

	 	(C)	 	By amending Section 3.06 to replace in whole the existing
Section 3.06:

- 6 -

 

          “Section 3.06 Book Entry Provisions; Transfer and Exchange

          (a) Each Global Security initially shall (i) be registered in the name of the Depositary for
such Global Security or the nominee of such Depositary, (ii) be deposited with, or on behalf of,
the Depositary or with the Trustee as custodian for such Depositary and (iii) bear the Global
Security Legend.

          Participants shall have no rights under this Indenture with respect to any Global Security
held on their behalf by the Depositary, or the Trustee as its custodian, or under such Global
Security, and the Depositary may be treated by the Company, the Trustee and any agent of the
Company or the Trustee as the absolute owner of such Global Security for all purposes whatsoever.
Notwithstanding the foregoing, nothing herein shall prevent the Company, the Trustee or any agent
of the Company or the Trustee from giving effect to any written certification, proxy or other
authorization furnished by the Depositary or shall impair, as between the Depositary and its
Participants, the operation of customary practices governing the exercise of the rights of a Holder
of any Security.

          (b) Notwithstanding any other provision in this Indenture, no Global Security may be exchanged
in whole or in part for Securities registered, and no transfer of a Global Security in whole or in
part may be registered, in the name of any Person other than the Depositary for such Global
Security or a nominee thereof unless (i) such Depositary (A) has notified the Company that it is
unwilling or unable to continue as Depositary for such Global Security or (B) has ceased to be a
clearing agency registered as such under the Exchange Act, and in either case of (A) or (B) the
Company fails to appoint a successor Depositary, (ii) the Company, at its option, executes and
delivers to the Trustee a Company Order stating that it elects to cause the issuance of the
Securities in certificated form and that all Global Securities shall be exchanged in whole for
Securities that are not Global Securities (in which case, such exchange shall be effected by the
Trustee) or (iii) there shall have occurred and be continuing an Event of Default with respect to
the Notes. In all cases, Certificated Securities delivered in exchange for any Global Security or
beneficial interests in Global Securities will be registered in the names, and issued in any
approved denominations, requested by or on behalf of the Depositary (in accordance with its
customary procedures). Global Securities also may be exchanged or replaced, in whole or in part,
as provided in Sections 3.04 and 3.07 hereof. Every Security authenticated and delivered in
exchange for, or in lieu of, a Global Security or any portion thereof, pursuant to this Section
3.06 or Section 3.04 or 3.07 hereof, shall be authenticated and delivered in the form of, and shall
be, a Global Security. A Global Security may not be exchanged for another Note other than as
provided in this Section 3.06(b); however, beneficial interests in a Global Security may be
transferred and exchanged as provided in Section 3.06(c), (d) or (g) hereof.

          (c) Transfer and Exchange of Beneficial Interests in Global Securities.

          The transfer and exchange of beneficial interests in the Global Securities shall be effected
through the Depositary, in accordance with the provisions of this Indenture and the
Applicable Procedures. To the extent that there is any conflict between the Applicable
Procedures and the terms of this Indenture, the Applicable Procedures will control. Beneficial
interests in the Restricted Global Securities shall be subject to restrictions on transfer
comparable

- 7 -

 

to those set forth herein to the extent required by the Securities Act. Transfers of
beneficial interests in the Global Securities also shall require compliance with either
subparagraph (i) or (ii) below, as applicable, as well as one or more of the other following
subparagraphs, as applicable:

     (i) Transfer of Beneficial Interests in the Same Global Security.
Beneficial interests in any Restricted Global Security may be transferred to Persons
who take delivery thereof in the form of a beneficial interest in the same
Restricted Global Security in accordance with the transfer restrictions set forth in
the Private Placement Legend. Beneficial interests in any Unrestricted Global
Security may be transferred to Persons who take delivery thereof in the form of a
beneficial interest in an Unrestricted Global Security. No written orders or
instructions shall be required to be delivered to the Security Registrar to effect
the transfers described in this Section 3.06(c)(i).

     (ii) All Other Transfers and Exchanges of Beneficial Interests in Global
Securities. In connection with all transfers and exchanges of beneficial
interests that are not subject to Section 3.06(c)(i) above, the transferor of such
beneficial interest must deliver to the Security Registrar either (A) (1) a written
order from a Participant or an Indirect Participant given to the Depositary in
accordance with the Applicable Procedures directing the Depositary to credit or
cause to be credited a beneficial interest in another Global Security in an amount
equal to the beneficial interest to be transferred or exchanged and (2) instructions
given in accordance with the Applicable Procedures containing information regarding
the Participant account to be credited with such increase or (B) (1) a written order
from a Participant or an Indirect Participant given to the Depositary in accordance
with the Applicable Procedures directing the Depositary to cause to be issued a
Certificated Security in an amount equal to the beneficial interest to be
transferred or exchanged and (2) instructions given by the Depositary to the
Security Registrar containing information regarding the Person in whose name such
Certificated Security shall be registered to effect the transfer or exchange
referred to in (1) above. Upon consummation of an Exchange Offer by the Company in
accordance with Section 3.06(g) hereof, the requirements of this Section 3.06(c)(ii)
shall be deemed to have been satisfied upon receipt by the Security Registrar of the
instructions contained in the Letter of Transmittal delivered by the Holder of such
beneficial interests in the Restricted Global Securities. Upon satisfaction of all
of the requirements for transfer or exchange of beneficial interests in Global
Securities contained in this Indenture and the Notes or otherwise applicable under
the Securities Act, the Trustee shall adjust the principal amount of the relevant
Global Security pursuant to Section 3.06(i) hereof.

     (iii) Transfer of Beneficial Interests to Another Restricted Global
Security. A beneficial interest in any Restricted Global Security may be
transferred to a Person who takes delivery thereof in the form of a beneficial
interest in another Restricted Global Security if the transfer complies with the

- 8 -

 

requirements of Section 3.06(c)(ii) above and the Security Registrar receives the
following:

     (A) if the transferee will take delivery in the form of a beneficial
interest in the 144A Global Security, then the transferor must deliver a
certificate in the form of Exhibit B hereto, including the certifications in
item (1) thereof; and

     (B) if the transferee will take delivery in the form of a beneficial
interest in the Regulation S Global Security, then the transferor must
deliver a certificate in the form of Exhibit B hereto, including the
certifications in item (2) thereof.

     (iv) Transfer and Exchange of Beneficial Interests in a Restricted Global
Security for Beneficial Interests in the Unrestricted Global Security. A
beneficial interest in any Restricted Global Security may be exchanged by any holder
thereof for a beneficial interest in an Unrestricted Global Security or transferred
to a Person who takes delivery thereof in the form of a beneficial interest in an
Unrestricted Global Security if the exchange or transfer complies with the
requirements of Section 3.06(c)(ii) above and:

     (A) such exchange or transfer is effected pursuant to the Exchange
Offer in accordance with the Registration Rights Agreement and the holder of
the beneficial interest to be transferred, in the case of an exchange, or
the transferee, in the case of a transfer, certifies in the applicable
Letter of Transmittal that it is not (1) a broker-dealer, (2) a Person
participating in the distribution of the Exchange Notes or (3) a Person who
is an affiliate (as defined in Rule 144) of the Company;

     (B) such transfer is effected pursuant to the Shelf Registration
Statement in accordance with the Registration Rights Agreement;

     (C) such transfer is effected by a broker-dealer pursuant to the
Exchange Offer Registration Statement in accordance with the Registration
Rights Agreement; or

     (D) the Security Registrar receives the following:

	 	(1)	 	if the holder of
such beneficial interest in a Restricted Global Security
proposes to exchange such beneficial interest for a
beneficial interest in an Unrestricted Global Security,
a certificate from such holder in the form of Exhibit C
hereto, including the certifications in item (1)(a)
thereof; or
	 
	 	(2)	 	if the holder of
such beneficial interest in a Restricted Global Security
proposes to transfer such

- 9 -

 

	 	 	 	beneficial interest to a
Person who shall take delivery thereof in the form of a
beneficial interest in an Unrestricted Global Security,
a certificate from such holder in the form of Exhibit B
hereto, including the certifications in item (4)
thereof;

and, in each such case set forth in this subparagraph (D), if the Security
Registrar so requests or if the Applicable Procedures so require, an opinion
of counsel in form reasonably acceptable to the Security Registrar to the
effect that such exchange or transfer is in compliance with the Securities
Act and that the restrictions on transfer contained herein and in the
Private Placement Legend are no longer required in order to maintain
compliance with the Securities Act.

     (v) Through and including the 40th day after the Issue Date, beneficial
interests in the Regulation S Global Security may be held only through Euroclear or
Clearstream, unless transferred to a person that takes delivery through a Rule 144A
Global Security.

     (vi) If any such transfer is effected pursuant to Section 3.06(c)(iv) at a time
when an Unrestricted Global Security has not yet been issued, the Company shall
issue and, upon receipt of a Company Order in accordance with Section 3.03 hereof,
the Trustee shall authenticate one or more Unrestricted Global Securities in an
aggregate principal amount equal to the aggregate principal amount of beneficial
interests transferred pursuant to Section 3.06(c)(iv).

Beneficial interests in an Unrestricted Global Security cannot be exchanged for, or
transferred to Persons who take delivery thereof in the form of, a beneficial
interest in a Restricted Global Security.

(d) Transfer or Exchange of Beneficial Interests for Certificated Securities.

     (i) Beneficial Interests in Restricted Global Securities to Restricted
Certificated Securities. If any holder of a beneficial interest in a Restricted
Global Security proposes to exchange such beneficial interest for a Restricted
Certificated Security or to transfer such beneficial interest to a Person who takes
delivery thereof in the form of a Restricted Certificated Security, then, upon
receipt by the Security Registrar of the following documentation:

     (A) if the holder of such beneficial interest in a Restricted Global
Security proposes to exchange such beneficial interest for a Restricted
Certificated Security, a certificate from such holder in the form of Exhibit
C hereto, including the certifications in item (2)(a) thereof;

     (B) if such beneficial interest is being transferred to a QIB in
accordance with Rule 144A under the Securities Act, a certificate to the

- 10 -

 

effect set forth in Exhibit B hereto, including the certifications in item
(1) thereof;

     (C) if such beneficial interest is being transferred to a Non-U.S.
Person in an offshore transaction in accordance with Rule 903 or Rule 904
under the Securities Act, a certificate to the effect set forth in Exhibit B
hereto, including the certifications in item (2) thereof;

     (D) if such beneficial interest is being transferred pursuant to an
exemption from the registration requirements of the Securities Act in
accordance with Rule 144 under the Securities Act, a certificate to the
effect set forth in Exhibit B hereto, including the certifications in item
(3)(a) thereof;

     (E) if such beneficial interest is being transferred to the Company or
any of its Subsidiaries, a certificate to the effect set forth in Exhibit B
hereto, including the certifications in item (3)(b) thereof; or

     (F) if such beneficial interest is being transferred pursuant to an
effective registration statement under the Securities Act, a certificate to
the effect set forth in Exhibit B hereto, including the certifications in
item (3)(c) thereof,

the Trustee shall cause the aggregate principal amount of the applicable
Global Security to be reduced accordingly pursuant to Section 3.06(i)
hereof, and the Company shall execute and the Trustee shall authenticate and
deliver to the Person designated in the instructions a Certificated Security
in the appropriate principal amount.

Any Certificated Security issued in exchange for a beneficial interest in a
Restricted Global Security pursuant to this Section 3.06(d) shall be
registered in such name or names and in such authorized denomination or
denominations as the holder of such beneficial interest shall instruct the
Security Registrar through instructions from the Depositary and the
Participant or Indirect Participant. The Trustee shall deliver such
Certificated Securities to the Persons in whose names such Notes are so
registered. Any Certificated Security issued in exchange for a beneficial
interest in a Restricted Global Security pursuant to this Section 3.06(d)(i)
shall bear the Private Placement Legend and shall be subject to all
restrictions on transfer contained therein.

     (ii) Beneficial Interests in Restricted Global Securities to Unrestricted
Certificated Securities. A holder of a beneficial interest in a Restricted
Global Security may exchange such beneficial interest for an Unrestricted
Certificated
Security or may transfer such beneficial interest to a Person who takes
delivery thereof in the form of an Unrestricted Certificated Security only if:

- 11 -

 

     (A) such exchange or transfer is effected pursuant to the Exchange
Offer in accordance with the Registration Rights Agreement and the holder of
such beneficial interest, in the case of an exchange, or the transferee, in
the case of a transfer, certifies in the applicable Letter of Transmittal
that it is not (1) a broker-dealer, (2) a Person participating in the
distribution of the Exchange Notes or (3) a Person who is an affiliate (as
defined in Rule 144) of the Company;

     (B) such transfer is effected pursuant to the Shelf Registration
Statement in accordance with the Registration Rights Agreement;

     (C) such transfer is effected by a broker-dealer pursuant to the
Exchange Offer Registration Statement in accordance with the Registration
Rights Agreement; or

     (D) the Security Registrar receives the following:

	 	(1)	 	if the holder of
such beneficial interest in a Restricted Global Security
proposes to exchange such beneficial interest for a
Certificated Security that does not bear the Private
Placement Legend, a certificate from such holder in the
form of Exhibit C hereto, including the certifications
in item (1)(b) thereof; or
	 
	 	(2)	 	if the holder of
such beneficial interest in a Restricted Global Security
proposes to transfer such beneficial interest to a
Person who shall take delivery thereof in the form of a
Certificated Security that does not bear the Private
Placement Legend, a certificate from such holder in the
form of Exhibit B hereto, including the certifications
in item (4) thereof;

and, in each such case set forth in this subparagraph (D), if the Security
Registrar so requests or if the Applicable Procedures so require, an opinion
of counsel in form reasonably acceptable to the Security Registrar to the
effect that such exchange or transfer is in compliance with the Securities
Act and that the restrictions on transfer contained herein and in the
Private Placement Legend are no longer required in order to maintain
compliance with the Securities Act.

     (iii) Beneficial Interests in Unrestricted Global Securities to
Unrestricted Certificated Securities. If any holder of a beneficial interest in
an Unrestricted Global Security proposes to exchange such beneficial interest for a
Certificated Security or to transfer such beneficial interest to a Person who takes
delivery thereof in the form of a Certificated Security, then, upon satisfaction of

- 12 -

 

the conditions set forth in Section 3.06(c)(ii) hereof, the Trustee shall cause the
aggregate principal amount of the applicable Global Security to be reduced
accordingly pursuant to Section 3.06(i) hereof, and the Company shall execute and
the Trustee shall authenticate and deliver to the Person designated in the
instructions a Certificated Security in the appropriate principal amount. Any
Certificated Security issued in exchange for a beneficial interest pursuant to this
Section 3.06(d)(iii) shall be registered in such name or names and in such
authorized denomination or denominations as the holder of such beneficial interest
shall instruct the Security Registrar through instructions from the Depositary and
the Participant or Indirect Participant. The Trustee shall deliver such
Certificated Securities to the Persons in whose names such Notes are so registered.
Any Certificated Security issued in exchange for a beneficial interest pursuant to
this Section 3.06(d)(iii) shall not bear the Private Placement Legend.

(e) Transfer and Exchange of Certificated Securities for Beneficial Interests.

     (i) Restricted Certificated Securities to Beneficial Interests in
Restricted Global Securities. If any Holder of a Restricted Certificated
Security proposes to exchange such Restricted Certificated Security for a beneficial
interest in a Restricted Global Security or to transfer such Restricted Certificated
Securities to a Person who takes delivery thereof in the form of a beneficial
interest in a Restricted Global Security, then, upon receipt by the Security
Registrar of the following documentation:

     (A) if the Holder of such Restricted Certificated Security proposes to
exchange such Restricted Certificated Security for a beneficial interest in
a Restricted Global Security, a certificate from such Holder in the form of
Exhibit C hereto, including the certifications in item (2)(b) thereof;

     (B) if such Restricted Certificated Security is being transferred to a
QIB in accordance with Rule 144A under the Securities Act, a certificate to
the effect set forth in Exhibit B hereto, including the certifications in
item (1) thereof;

     (C) if such Restricted Certificated Security is being transferred to a
Non-U.S. Person in an offshore transaction in accordance with Rule 903 or
Rule 904 under the Securities Act, a certificate to the effect set forth in
Exhibit B hereto, including the certifications in item (2) thereof;

     (D) if such Restricted Certificated Security is being transferred
pursuant to an exemption from the registration requirements of the
Securities Act in accordance with Rule 144 under the Securities Act, a
certificate to the effect set forth in Exhibit B hereto, including the
certifications in item (3)(a) thereof;

- 13 -

 

     (E) if such Restricted Certificated Security is being transferred to
the Company or any of its Subsidiaries, a certificate to the effect set
forth in Exhibit B hereto, including the certifications in item (3)(b)
thereof; and

     (F) if such Restricted Certificated Security is being transferred
pursuant to an effective registration statement under the Securities Act, a
certificate to the effect set forth in Exhibit B hereto, including the
certifications in item (3)(c) thereof;

the Trustee shall cancel the Restricted Certificated Security and increase
or cause to be increased the aggregate principal amount of, in the case of
clause (A) above, the appropriate Restricted Global Security, in the case of
clauses (B), (D) and (F) above, the 144A Global Security, and in the case of
clause (C) above, the Regulation S Global Security.

     (ii) Restricted Certificated Securities to Beneficial Interests in
Unrestricted Global Securities. A Holder of a Restricted Certificated Security
may exchange such Restricted Certificated Security for a beneficial interest in an
Unrestricted Global Security or transfer such Restricted Certificated Security to a
Person who takes delivery thereof in the form of a beneficial interest in an
Unrestricted Global Security only if:

     (A) such exchange or transfer is effected pursuant to the Exchange
Offer in accordance with the Registration Rights Agreement and the Holder,
in the case of an exchange, or the transferee, in the case of a transfer,
certifies in the applicable Letter of Transmittal that it is not (1) a
broker-dealer, (2) a Person participating in the distribution of the
Exchange Notes or (3) a Person who is an affiliate (as defined in Rule 144)
of the Company;

     (B) such transfer is effected pursuant to the Shelf Registration
Statement in accordance with the Registration Rights Agreement;

     (C) such transfer is effected by a broker-dealer pursuant to the
Exchange Offer Registration Statement in accordance with the Registration
Rights Agreement; or

     (D) the Security Registrar receives the following:

	 	(1)	 	if the Holder of
such Restricted Certificated Security proposes to
exchange such Restricted Certificated Security for a
beneficial interest in the Unrestricted Global Security,
a certificate from such Holder in the form of Exhibit C
hereto, including the certifications in item (1)(c)
thereof; or

- 14 -

 

	 	(2)	 	if the Holder of
such Restricted Certificated Security proposes to
transfer such Restricted Certificated Security to a
Person who shall take delivery thereof in the form of a
beneficial interest in the Unrestricted Global Security,
a certificate from such Holder in the form of Exhibit B
hereto, including the certifications in item (4)
thereof;

and, in each such case set forth in this subparagraph (D), if
the Security Registrar so requests or if the Applicable
Procedures so require, an opinion of counsel in form
reasonably acceptable to the Security Registrar to the effect
that such exchange or transfer is in compliance with the
Securities Act and that the restrictions on transfer
contained herein and in the Private Placement Legend are no
longer required in order to maintain compliance with the
Securities Act.

Upon satisfaction of the conditions of any of the
subparagraphs in this Section 3.06(d)(ii), the Trustee shall
cancel the Restricted Certificated Security and increase or
cause to be increased the aggregate principal amount of the
Unrestricted Global Security.

     (iii) Unrestricted Certificated Securities to Beneficial Interests in
Unrestricted Global Securities. A Holder of an Unrestricted Certificated
Security may exchange such Unrestricted Certificated Security for a beneficial
interest in an Unrestricted Global Security or transfer such Unrestricted
Certificated Security to a Person who takes delivery thereof in the form of a
beneficial interest in an Unrestricted Global Security at any time. Upon receipt of
a request for such an exchange or transfer, the Trustee shall cancel the applicable
Unrestricted Certificated Security and increase or cause to be increased the
aggregate principal amount of one of the Unrestricted Global Securities.

If any such exchange or transfer from a Certificated Security to a beneficial
interest is effected pursuant to subparagraphs (ii)(B), (ii)(D) or (iii) of this
Section 3.06(e) at a time when an Unrestricted Global Security has not yet been
issued, the Company shall issue and, upon receipt of a Company Order in accordance
with Section 3.03 hereof, the Trustee shall authenticate one or more Unrestricted
Global Securities in an aggregate principal amount equal to the principal amount of
Certificated Securities so transferred.

          (f) Transfer and Exchange of Certificated Securities for Certificated Securities.
Upon request by a Holder of Certificated Securities and such Holder’s compliance with the
provisions of this Section 3.06(f), the Security Registrar shall register the transfer or exchange
of Certificated Securities. Prior to such registration of transfer or exchange, the requesting
Holder shall present or surrender to the Security Registrar the Certificated Securities

- 15 -

 

duly
endorsed or accompanied by a written instruction of transfer in form satisfactory to the Security
Registrar duly executed by such Holder or by its attorney, duly authorized in writing. In
addition, the requesting Holder shall provide any additional certifications, documents and
information, as applicable, required pursuant to the following provisions of this Section 3.06(f).

     (i) Restricted Certificated Securities to Restricted Certificated
Securities. Any Restricted Certificated Security may be transferred to and
registered in the name of Persons who take delivery thereof in the form of a
Restricted Certificated Security if the Security Registrar receives the following:

     (A) if the transfer will be made pursuant to Rule 144A under the
Securities Act, then the transferor must deliver a certificate in the form
of Exhibit B hereto, including the certifications in item (1) thereof;

     (B) if the transfer will be made pursuant to Rule 903 or Rule 904, then
the transferor must deliver a certificate in the form of Exhibit B hereto,
including the certifications in item (2) thereof; and

     (C) if the transfer will be made pursuant to any other exemption from
the registration requirements of the Securities Act, then the transferor
must deliver a certificate in the form of Exhibit B hereto, including the
certifications, certificates and opinion of counsel required by item (3)
thereof, if applicable.

     (ii) Restricted Certificated Securities to Unrestricted Certificated
Securities. Any Restricted Certificated Security may be exchanged by the Holder
thereof for an Unrestricted Certificated Security or transferred to a Person or
Persons who take delivery thereof in the form of an Unrestricted Certificated
Security if:

     (A) such exchange or transfer is effected pursuant to the Exchange
Offer in accordance with the Registration Rights Agreement and the Holder,
in the case of an exchange, or the transferee, in the case of a transfer,
certifies in the applicable Letter of Transmittal that it is not (1) a
broker-dealer, (2) a Person participating in the distribution of the
Exchange Notes or (3) a Person who is an affiliate (as defined in Rule 144)
of the Company;

     (B) any such transfer is effected pursuant to the Shelf Registration
Statement in accordance with the Registration Rights Agreement;

     (C) any such transfer is effected by a broker-dealer pursuant to the
Exchange Offer Registration Statement in accordance with the Registration
Rights Agreement; or

     (D) the Security Registrar receives the following:

- 16 -

 

	 	(1)	 	if the Holder of
such Restricted Certificated Security proposes to
exchange such Restricted Certificated Security for an
Unrestricted Certificated Security, a certificate from
such Holder in the form of Exhibit C hereto, including
the certifications in item (1)(d) thereof; or
	 
	 	(2)	 	if the Holder of
such Restricted Certificated Security proposes to
transfer such Restricted Certificated Security to a
Person who shall take delivery thereof in the form of an
Unrestricted Certificated Security, a certificate from
such Holder in the form of Exhibit B hereto, including
the certifications in item (4) thereof;
	 
	 	 	 	and, in each such case set forth in this subparagraph
(D), if the Security Registrar so requests, an
opinion of counsel in reasonably acceptable to the
Company to the effect that such exchange or transfer
is in compliance with the Securities Act and that the
restrictions on transfer contained herein and the
Private Placement Legend are no longer required in
order to maintain compliance with the Securities Act.
	 
	 	(3)	 	Unrestricted
Certificated Securities to Unrestricted Certificated
Securities. A Holder of Unrestricted Certificated
Securities may transfer such Unrestricted Certificated
Securities to a Person who takes delivery thereof in the
form of an Unrestricted Certificated Security. Upon
receipt of a request to register such a transfer, the
Security Registrar shall register the Unrestricted
Certificated Security pursuant to the instructions from
the Holder thereof.

          (g) Exchange Offer. Upon the occurrence of the Exchange Offer in accordance with the
Registration Rights Agreement, the Company shall issue and, upon receipt of a Company Order in
accordance with Section 3.03, the Trustee shall authenticate (i) one or more Unrestricted Global
Securities in an aggregate principal amount equal to the principal amount of the beneficial
interests in the Restricted Global Securities tendered for acceptance by Persons that certify in
the applicable Letters of Transmittal that (x) they are not broker-dealers, (y) they are not
participating in a distribution of the Exchange Notes and (z) they are not affiliates (as defined
in Rule 144) of the Company, and accepted for exchange in the Exchange Offer and (ii) Certificated
Securities in an aggregate principal amount equal to the principal amount of the Restricted
Certificated Securities accepted for exchange in the Exchange Offer. Concurrently with the
issuance of such Securities, the Trustee shall cause the aggregate principal

- 17 -

 

amount of the
applicable Restricted Global Securities to be reduced accordingly, and the Company shall execute
and the Trustee shall authenticate and deliver to the Persons designated by the Holders of
Certificated Securities so accepted Certificated Securities in the appropriate principal amount.

          (h) Legends. The following legends shall appear on the face of all Global Securities
and Certificated Securities issued under this Indenture unless specifically stated otherwise in the
applicable provisions of this Indenture.

     (i) Private Placement Legend.

     (A) Except as permitted by subparagraph (B) below, each Global Security
and each Certificated Security (and all Securities issued in exchange
therefor or substitution thereof) shall bear the legend in substantially the
following form:

“THIS SECURITY HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED
(THE “SECURITIES ACT”), OR THE SECURITIES LAWS OF ANY STATE OR OTHER JURISDICTION.
NEITHER THIS SECURITY NOR ANY INTEREST OR PARTICIPATION HEREIN MAY BE REOFFERED,
SOLD, ASSIGNED, TRANSFERRED, PLEDGED, ENCUMBERED OR OTHERWISE DISPOSED OF IN THE
ABSENCE OF SUCH REGISTRATION OR UNLESS SUCH TRANSACTION IS EXEMPT FROM, OR NOT
SUBJECT TO, SUCH REGISTRATION. THE HOLDER OF THIS SECURITY, BY ITS ACCEPTANCE
HEREOF, AGREES ON ITS OWN BEHALF AND ON BEHALF OF ANY INVESTOR ACCOUNT FOR WHICH IT
HAS PURCHASED SECURITIES, TO OFFER, SELL OR OTHERWISE TRANSFER SUCH SECURITY, PRIOR
TO THE DATE (THE “RESALE RESTRICTION TERMINATION DATE”) THAT IS ONE YEAR AFTER THE
LATER OF THE ORIGINAL ISSUE DATE HEREOF AND THE LAST DATE ON WHICH THE ISSUER OR ANY
AFFILIATE OF THE ISSUER WAS THE OWNER OF THIS SECURITY (OR ANY PREDECESSOR OF SUCH
SECURITY), ONLY (A) TO THE ISSUER, (B) PURSUANT TO A REGISTRATION STATEMENT THAT HAS
BEEN DECLARED EFFECTIVE UNDER THE SECURITIES ACT, (C) FOR SO LONG AS THE SECURITIES
ARE ELIGIBLE FOR RESALE PURSUANT TO RULE 144A UNDER THE SECURITIES ACT, TO A PERSON
IT REASONABLY BELIEVES IS A “QUALIFIED INSTITUTIONAL BUYER” AS DEFINED IN RULE 144A
UNDER THE SECURITIES ACT THAT PURCHASES FOR ITS OWN ACCOUNT OR FOR THE ACCOUNT OF A
QUALIFIED INSTITUTIONAL BUYER TO WHOM NOTICE IS GIVEN THAT THE TRANSFER IS BEING
MADE IN RELIANCE ON RULE 144A, (D) PURSUANT TO OFFERS AND SALES THAT OCCUR OUTSIDE
THE UNITED STATES TO NON-U.S. PERSONS WITHIN THE MEANING OF REGULATION S UNDER THE
SECURITIES ACT, OR (E) PURSUANT TO ANOTHER AVAILABLE EXEMPTION FROM THE REGISTRATION
REQUIREMENTS OF THE

- 18 -

 

SECURITIES ACT, SUBJECT TO THE ISSUER’S AND THE TRUSTEE’S RIGHT
PRIOR TO ANY SUCH OFFER, SALE OR TRANSFER PURSUANT TO CLAUSE (E) TO REQUIRE THE
DELIVERY OF AN OPINION OF COUNSEL, CERTIFICATION AND/OR OTHER INFORMATION
SATISFACTORY TO EACH OF THEM. THIS LEGEND WILL BE REMOVED UPON THE REQUEST OF THE
HOLDER AFTER THE RESALE RESTRICTION TERMINATION DATE.”

     (B) Notwithstanding the foregoing, any Global Security or Certificated
Security issued pursuant to subparagraphs (c)(i)(second sentence), (c)(iv),
(d)(ii), (d)(iii), (e)(ii), (e)(iii), (f)(ii), or (g) to this Section 3.06
(and all Notes issued in exchange therefor or substitution thereof) shall
not bear the Private Placement Legend, and any Security sold off of a Shelf
Registration Statement shall not bear the Private Placement Legend.

     (ii) Global Security Legend. Each Global Security shall bear a legend in
substantially the following form:

“THIS SECURITY IS A GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE HEREINAFTER
REFERRED TO AND IS REGISTERED IN THE NAME OF A DEPOSITARY OR A NOMINEE OF A
DEPOSITARY OR A SUCCESSOR DEPOSITARY. TRANSFERS OF THIS GLOBAL SECURITY SHALL BE
LIMITED TO TRANSFERS IN WHOLE, BUT NOT IN PART, TO NOMINEES OF CEDE & CO. OR TO A
SUCCESSOR THEREOF OR SUCH SUCCESSOR’S NOMINEE AND TRANSFERS OF PORTIONS OF THIS
GLOBAL SECURITY SHALL BE LIMITED TO TRANSFERS MADE IN ACCORDANCE WITH THE
RESTRICTIONS SET FORTH IN SECTION 3.06 OF THE INDENTURE.

UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE COMPANY OR ITS
AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT AND ANY SUCH CERTIFICATE
ISSUED IS REGISTERED IN THE NAME OF CEDE &
CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC
(AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN
AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR
VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.”

          (i) If any Global Security is to be exchanged for Certificated Securities or canceled in
whole, it shall be surrendered by or on behalf of the Depositary or its nominee to the Trustee, as
Security Registrar, for exchange or cancellation as provided in this Article III. If any Global
Security is to be exchanged for Certificated Securities or canceled in part, or if a

- 19 -

 

Certificated
Security is to be exchanged in whole or in part for a beneficial interest in any Global Security,
then either (i) such Global Security shall be so surrendered for exchange or cancellation as
provided in this Article III or (ii) the principal amount thereof shall be reduced or increased by
an amount equal to the portion thereof to be so exchanged or canceled, or equal to the principal
amount of such Certificated Security to be so exchanged for a beneficial interest therein, as the
case may be, by means of an appropriate adjustment made on the records of the Trustee, as Security
Registrar, whereupon the Trustee, in accordance with the Applicable Procedures, shall instruct the
Depositary or its authorized representative to make a corresponding adjustment to its records.
Upon any such surrender or adjustment of a Global Security, the Trustee shall, subject to this
Section 3.06(i) and as otherwise provided in this Article III, authenticate and deliver any
Securities issuable in exchange for such Global Security (or any portion thereof) to or upon the
order of, and registered in such names as may be directed by, the Depositary or its authorized
representative. Upon the request of the Trustee in connection with the occurrence of any of the
events specified in Section 3.06(b), the Company shall promptly make available to the Trustee a
reasonable supply of Certificated Securities. The Trustee shall be entitled to conclusively rely
upon any order, direction or request of the Depositary or its authorized representative which is
given or made pursuant to this Article III if such order, direction or request is given or made in
accordance with the Applicable Procedures

          (j) Every Security authenticated and delivered upon registration of transfer of, or in
exchange for or in lieu of, a Global Security or any portion thereof, whether pursuant to this
Article III or otherwise, shall be authenticated and delivered in the form of, and shall be, a
Global Security, unless such Security is registered in the name of a Person other than the
Depositary for such Global Security or a nominee thereof.

          (k) The Depositary or its nominee, as registered owner of a Global Security, shall be the
Holder of such Global Security for all purposes under this Indenture and the Securities, and owners
of beneficial interests in a Global Security shall hold such interests pursuant to the Applicable
Procedures. Accordingly, any such owner’s beneficial interest in a Global Security will be shown
only on, and the transfer of such interest shall be effected only through, records maintained by
the Depositary or its nominee or its Participants.

          (l) The Trustee shall have no obligation or duty to monitor, determine or inquire as to
compliance with any restrictions on transfer imposed under this Indenture or under applicable law
with respect to any transfer of any interest in any Security (including any transfers between or
among Participants or beneficial owners of interests in any Global Security) other than to require
delivery of such certificates and other documentation or evidence as are expressly required by, and
to do so if and when expressly required by the terms of, this Indenture, and to examine the same to
determine substantial compliance as to form with the express requirements hereof.

          (m) None of the Company, the Trustee, any Paying Agent or any Security Registrar will have any
responsibility or liability for any aspect of Depositary records relating to, or payments made on
account of, beneficial

- 20 -

 

ownership interests in a Global Security or for maintaining, supervising or
reviewing any Depositary records relating to such beneficial ownership interests, or for transfers
of beneficial interests in the Securities or any transactions between the Depositary and beneficial
owners.

(D) By amending Section 4.01 by adding the following sentence at the end of thereof:

“Both Section 4.02 (defeasance) and Section 4.03 (covenant defeasance) shall
apply to the Notes.”

(E) By amending Section 4.03 by replacing the first sentence thereof with the
following:

          “Upon the Company’s exercise of the option applicable to this Section
4.03 with respect to the Notes, the Company shall be released from its
obligations under any covenant or provision contained or referred to in
Sections 10.05, 10.06, 10.07 and 14.01, with respect to the Defeased
Securities, on and after the date the conditions set forth in Section 4.04
below are satisfied (hereinafter, “covenant defeasance”), and the Defeased
Securities shall thereafter be deemed to be not “Outstanding” for the
purposes of any direction, waiver, consent or declaration or Act of Holders
(and the consequences of any thereof) in connection with such covenants, but
shall continue to be deemed “Outstanding” for all other purposes hereunder,
and the Events of Default under Section 5.01(c), (d) and (e) shall cease to
be in full force and effect with respect to the Notes.”

(F) By amending Section 9.01 by:

	 	(a)	 	deleting the period at the end of clause (m)
and inserting the following: “; and”; and
	 
	 	(b)	 	inserting the following clause after clause
(m):
	 
	 	 	 	“(n) to add additional Securities of the same class and series in one
or more tranches from time to time.”

(G) By amending Section 9.02 by:

	 	(a)	 	adding the words “and the Guarantors,” in
between the words “Company” and the word “when” in the first sentence
of the Section;
	 
	 	(b)	 	deleting the word “or” at the end of clause
(j);
	 
	 	(c)	 	deleting the period at the end of clause (k)
and inserting the following: “; or”; and
	 
	 	(d)	 	inserting the following clause after clause
(k):

- 21 -

 

	 	 	 	“(l) amend, change or modify the Company’s obligation to make and consummate
a Change of Control Offer in the event of a Change of Control Triggering
Event in accordance with Section 14.01 after such Change of Control
Triggering Event has occurred, including amending, changing or modifying any
definition related thereto.”
	 
	 	(H)	 	By inserting after the first sentence in Section 3.01 the following:
	 
	 	 	 	“The aggregate principal amount of Notes which may be issued under this
Indenture shall be unlimited and the Company may issue additional senior
notes of the same class and series as the Notes in one or more tranches from
time to time, without notice to or the consent of existing holders of the
Securities (the “Additional Notes”). The Additional Notes shall have the
same terms as all other Notes and all references in the Indenture shall be
deemed to also refer to the Additional Notes. The Additional Notes shall
vote as a class with all other Notes as to matters as to which such Notes
have a vote.”
	 
	 	(I)	 	By replacing Section 11.01 in its entirety with the following:
	 
	 	 	 	“The Notes will be redeemable, as a whole or in part, at the option of the
Company, at any time or from time to time, at a redemption price equal to
the greater of:

	 	(1)	 	100% of the principal amount of the Notes to be
redeemed, and
	 
	 	(2)	 	the sum of the present values of the remaining
scheduled payments of principal and interest on the Notes to be
redeemed (not including any portion of any interest accrued to the
redemption date) discounted to the date of redemption on a semi-annual
basis
(assuming a 360-day year consisting of twelve 30-day months) at the
applicable Treasury Rate, plus 25 basis points.

In the case of each of clauses (1) and (2),
accrued interest will be payable to the redemption date.”

	 	(J)	 	By adding as a new “Article XIV” thereto the following:

“Article XIV

Repurchase of Notes at the Option of the Holders

          Section 14.01. REPURCHASE AT OPTION OF HOLDERS UPON A CHANGE OF CONTROL

     (a) Upon the occurrence of a Change of Control Triggering Event with
respect to the Notes, unless the Company has exercised its right to redeem
the Notes pursuant to Article XI of the Indenture, each

- 22 -

 

Holder shall have
the right to require the Company to purchase all or a portion (equal to
$2,000 or an integral multiple of $1,000 in excess thereof) of such Holder’s
Notes pursuant to the offer described below (the “Change of Control Offer”),
at a purchase price equal to 101% of the principal amount thereof plus
accrued and unpaid interest, if any, to the date of purchase (the “Change of
Control Payment”), subject to the rights of Holders on the relevant Regular
Record Date to receive interest due on the relevant Interest Payment Date.

     (b) Within 30 days following the date upon which the Change of Control
Triggering Event occurred with respect to the Notes, or at the Company’s
option, prior to any Change of Control but after the public announcement of
the pending Change of Control, the Company will be required to send, by
first class mail, a notice to each Holder, with a copy to the Trustee, which
notice shall govern the terms of the Change of Control Offer.

     Such notice shall state:

	 	(i)	 	the events causing the Change of Control;
	 
	 	(ii)	 	the date of the Change of Control;
	 
	 	(iii)	 	the amount of the Change of Control Payment;
	 
	 	(iv)	 	that the Holder must exercise the
repurchase right prior to the close of business on the purchase
date, which must be no earlier than 30 days nor later than 60
days from the date
such notice is mailed, other than as may be required by law
(the “Change of Control Payment Date”);
	 
	 	(v)	 	if the notice is delivered prior
to any Change of Control but after the public announcement of
the pending Change of Control, that the offer is conditioned on
the Change of Control being consummated on or prior to the
Change of Control Payment Date;
	 
	 	(vi)	 	the name and address of the
Paying Agent;
	 
	 	(vii)	 	that the Holder must complete
the Change of Control Repurchase Notice (as defined below) to
participate in the Change of Control Offer; and
	 
	 	(viii)	 	any other procedures that Holders must follow to require the
Company to repurchase the Notes.

- 23 -

 

     (c) Repurchases of Notes under this Section 14.01 shall be made, at the
option of the Holder thereof, upon

	 	(i)	 	delivery to the Trustee (or other
Paying Agent appointed by the Company) by a Holder of a duly
completed notice (the “Change of Control Repurchase Notice”) in
the form set forth on the reverse of the Note at any time prior
5:00 p.m., New York City Time, on the Change of Control Payment
Date; or
	 
	 	(ii)	 	delivery or book-entry transfer
of the Notes to the Trustee (or other Paying Agent appointed by
the Company) at any time after delivery of the Change of Control
Repurchase Notice (together with all necessary endorsements) at
the Corporate Trust Office of the Trustee or the corporate trust
office of its Affiliate (or other Paying Agent appointed by the
Company) in the Borough of Manhattan, such delivery being a
condition to receipt by the Holder of the Change of Control
Payment therefor; provided that such Change of Control Payment
shall be so paid pursuant to this Section 14.01 only if the Note
so delivered to the Trustee (or other Paying Agent appointed by
the Company) shall conform in all respects to the description
thereof in the related Change of Control Repurchase Notice.

The Change of Control Repurchase Notice shall state:

	 	(i)	 	if certificated, the certificate numbers of Notes to be delivered
for repurchase;
	 
	 	(ii)	 	the portion of the principal
amount of Notes to be repurchased, which must be $2,000 or an
integral multiple of $1,000 in excess thereof;
	 
	 	(iii)	 	that the Notes are to be
repurchased by the Company pursuant to the applicable provisions
of the Notes and the Indenture; and
	 
	 	(iv)	 	if such Change of Control
Repurchase Notice is delivered prior to the occurrence of a
Change of Control pursuant to a definitive agreement giving rise
to a Change of Control, that the Holder acknowledges that the
Company’s offer is conditioned on the consummation of such
Change of Control.

- 24 -

 

provided, however, that if the Notes are not in certificated form,
the Change of Control Repurchase Notice must comply with appropriate
procedures of the Depositary.

     (c) On the Change of Control Payment Date, the Company shall, to the
extent lawful:

	 	(i)	 	accept or cause a third party to
accept for payment all Notes or portions of Notes properly
tendered pursuant to the Change of Control Offer,
	 
	 	(ii)	 	deposit or cause a third party to
deposit with the Paying Agent an amount equal to the Change of
Control Payment in respect of all the Notes or portions of the
Notes properly tendered, and
	 
	 	(iii)	 	deliver or cause to be delivered
to the Trustee the Notes properly accepted together with an
Officers’ Certificate stating the aggregate principal amount of
Notes or portions of Notes being repurchased.

     (d) The Company shall not be required to make a Change of Control Offer
with respect to the Notes if a third party makes such an offer in the
manner, at the times and otherwise in compliance with the requirements for
such an offer made by the Company and such third party purchases all the
Notes properly tendered and not withdrawn under its offer.

          Section 14.02. COMPLIANCE WITH TENDER OFFER RULES

          The Company shall comply in all material respects with the requirements
of Rule 14e-1 under the Exchange Act and any other
securities laws and regulations thereunder to the extent those laws and
regulations are applicable in connection with the repurchase of the Notes as
a result of a Change of Control Triggering Event. To the extent that the
provisions of any such securities laws or regulations conflict with the
Change of Control Offer provisions of the Notes, the Company shall comply
with those securities laws and regulations and shall not be deemed to have
breached the Company’s obligations under the Change of Control Offer
provisions of the Notes by virtue of any such conflict.”

          (K)
The form of Security attached as Exhibit A hereto shall be the form of
Note for the series of Notes established by this Second Supplemental
Indenture and the terms therein shall be incorporated by reference into this
Second Supplemental Indenture.

- 25 -

 

(L) The Guarantors named in this Second Supplemental Indenture shall be
deemed to be Guarantors (as defined in Section 13.01 of the Base Indenture)
for all purposes under the Base Indenture and this Second Supplemental
Indenture and subject to all provisions of the Base Indenture, including but
not limited to Article XIII.

          SECTION 2. The Base Indenture is incorporated by reference in full into this Second
Supplemental Indenture, and all parties to this Second Supplemental Indenture agree to be bound by
the terms and provisions of the Base Indenture as supplemented and amended by this Second
Supplemental Indenture. The Base Indenture and this Second Supplemental Indenture shall be read,
taken and construed as one and the same instrument. All provisions included in this Second
Supplemental Indenture supersede any similar provisions included in the Base Indenture unless not
permitted by law.

          SECTION 3. If any provision hereof limits, qualifies or conflicts with another provision
hereof which is required to be included in this Second Supplemental Indenture by any of the
provisions of the Trust Indenture Act, such required provision shall control.

          SECTION 4. All covenants and agreements in this Second Supplemental Indenture by the Company
and the Guarantors shall bind their respective successors and assigns, whether so expressed or not.

          SECTION 5. In case any provision in this Second Supplemental Indenture or in the Notes shall
be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining
provisions (or of the other series of Notes) shall not in any way be affected or impaired thereby.

          SECTION 6. Nothing in this Second Supplemental Indenture, expressed or implied, shall give to
any Person, other than the parties hereto and their successors hereunder, and the Holders of the
Notes any benefit or any legal or equitable right, remedy or claim under this Second Supplemental
Indenture.

          SECTION 7. This Second Supplemental Indenture and each Note shall be deemed to be a contract
made under the laws of the State of New York and this Second Supplemental Indenture and each such
Note shall be governed by and construed in accordance with the laws of the State of New York.

          SECTION 8. All terms used in this Second Supplemental Indenture not otherwise defined herein
that are defined in the Base Indenture shall have the meanings set forth therein.

          SECTION 9. This Second Supplemental Indenture may be executed in any number of counterparts,
each of which shall be an original; but such counterparts shall together constitute but one and the
same instrument. Delivery of an executed counterpart of a signature page hereto by facsimile or
electronic transmission shall be as effective as delivery of a manually executed counterpart of
this Second Supplemental Indenture.

- 26 -

 

          SECTION 10. The recitals contained herein and in the Notes, except the Trustee’s certificates
of authentication, shall be taken as the statements of the Company, and the Trustee assumes no
responsibility for their correctness. The Trustee makes no representations as to the validity or
sufficiency of this Second Supplemental Indenture, the Notes or the Guarantees. The Trustee shall
not be accountable for the use or application by the Company of Notes or the proceeds thereof.

- 27 -

 

          IN WITNESS WHEREOF, the parties hereto have caused this Second Supplemental Indenture to be
duly executed all as of the day and year first above written.

	 	 	 	 	 
	 	REPUBLIC SERVICES, INC.

as Issuer

 	 
	 	By:  	/s/ Edward A. Lang, III
 	 
	 	 	Name:  	Edward A. Lang, III. 	 
	 	 	Title:  	Senior Vice President, Treasurer 	 
	 

 

 

GUARANTORS:

623 LANDFILL, INC.

A D A J CORPORATION

ACTION DISPOSAL, INC.

ADA COUNTY DEVELOPMENT COMPANY, INC.

ADRIAN LANDFILL, INC.

ADS OF ILLINOIS, INC.

ADS, INC.

AGRICULTURAL ACQUISITIONS, LLC

AGRI-TECH, INC. OF OREGON

ALABAMA RECYCLING SERVICES, INC.

ALBANY — LEBANON SANITATION, INC.

ALLIED ACQUISITION PENNSYLVANIA, INC.

ALLIED ACQUISITION TWO, INC.

ALLIED ENVIROENGINEERING, INC.

ALLIED GAS RECOVERY SYSTEMS, L.L.C.

ALLIED GREEN POWER, INC.

ALLIED NOVA SCOTIA, INC.

ALLIED SERVICES, LLC

ALLIED TRANSFER SYSTEMS OF NEW JERSEY, LLC

ALLIED WASTE ALABAMA, INC.

ALLIED WASTE COMPANY, INC.

ALLIED WASTE ENVIRONMENTAL MANAGEMENT GROUP, LLC

ALLIED WASTE HAULING OF GEORGIA, INC.

ALLIED WASTE HOLDINGS (CANADA) LTD.

ALLIED WASTE INDUSTRIES (ARIZONA), INC.

ALLIED WASTE INDUSTRIES (NEW MEXICO), INC.

ALLIED WASTE INDUSTRIES (SOUTHWEST), INC.

ALLIED WASTE INDUSTRIES OF GEORGIA, INC.

ALLIED WASTE INDUSTRIES OF ILLINOIS, INC.

ALLIED WASTE INDUSTRIES OF NORTHWEST INDIANA, INC.

ALLIED WASTE INDUSTRIES OF TENNESSEE, INC.

ALLIED WASTE INDUSTRIES, INC.

ALLIED WASTE LANDFILL HOLDINGS, INC.

ALLIED WASTE NIAGARA FALLS LANDFILL, LLC

ALLIED WASTE NORTH AMERICA, INC.

ALLIED WASTE OF CALIFORNIA, INC.

ALLIED WASTE OF LONG ISLAND, INC.

ALLIED WASTE OF NEW JERSEY, INC.

ALLIED WASTE OF NEW JERSEY-NEW YORK, LLC

ALLIED WASTE RECYCLING SERVICES OF NEW HAMPSHIRE, LLC

ALLIED WASTE RURAL SANITATION, INC.

ALLIED WASTE SERVICES OF COLORADO, INC.

ALLIED WASTE SERVICES OF MASSACHUSETTS, LLC

ALLIED WASTE SERVICES OF NORTH AMERICA, LLC

 

 

ALLIED WASTE SERVICES OF PAGE, INC.

ALLIED WASTE SERVICES OF STILLWATER, INC.

ALLIED WASTE SYCAMORE LANDFILL, LLC

ALLIED WASTE SYSTEMS HOLDINGS, INC.

ALLIED WASTE SYSTEMS OF ARIZONA, LLC

ALLIED WASTE SYSTEMS OF COLORADO, LLC

ALLIED WASTE SYSTEMS OF INDIANA, LLC

ALLIED WASTE SYSTEMS OF MICHIGAN, LLC

ALLIED WASTE SYSTEMS OF MONTANA, LLC

ALLIED WASTE SYSTEMS OF NEW JERSEY, LLC

ALLIED WASTE SYSTEMS OF NORTH CAROLINA, LLC

ALLIED WASTE SYSTEMS OF PENNSYLVANIA, LLC

ALLIED WASTE SYSTEMS, INC.

ALLIED WASTE TRANSFER SERVICES OF ARIZONA, LLC

ALLIED WASTE TRANSFER SERVICES OF CALIFORNIA, LLC

ALLIED WASTE TRANSFER SERVICES OF FLORIDA, LLC

ALLIED WASTE TRANSFER SERVICES OF IOWA, LLC

ALLIED WASTE TRANSFER SERVICES OF LIMA, LLC

ALLIED WASTE TRANSFER SERVICES OF NEW YORK, LLC

ALLIED WASTE TRANSFER SERVICES OF NORTH CAROLINA, LLC

ALLIED WASTE TRANSFER SERVICES OF OREGON, LLC

ALLIED WASTE TRANSFER SERVICES OF RHODE ISLAND, LLC

ALLIED WASTE TRANSFER SERVICES OF UTAH, INC.

ALLIED WASTE TRANSPORTATION, INC.

AMERICAN DISPOSAL SERVICES OF ILLINOIS, INC.

AMERICAN DISPOSAL SERVICES OF KANSAS, INC.

AMERICAN DISPOSAL SERVICES OF MISSOURI, INC.

AMERICAN DISPOSAL SERVICES OF NEW JERSEY, INC.

AMERICAN DISPOSAL SERVICES OF WEST VIRGINIA, INC.

AMERICAN DISPOSAL SERVICES, INC.

AMERICAN DISPOSAL TRANSFER SERVICES OF ILLINOIS, INC.

AMERICAN MATERIALS RECYCLING CORP.

AMERICAN SANITATION, INC.

AMERICAN TRANSFER COMPANY, INC.

ANSON COUNTY LANDFILL NC, LLC

APACHE JUNCTION LANDFILL CORPORATION

ARC DISPOSAL COMPANY, INC.

 

 

AREA DISPOSAL, INC.

ARIANA, LLC

ATLANTIC WASTE HOLDING COMPANY, INC.

ATLAS TRANSPORT, INC.

ATTWOODS OF NORTH AMERICA, INC.

AUTAUGA COUNTY LANDFILL, LLC

AUTOMATED MODULAR SYSTEMS, INC.

AUTOSHRED, INC.

AWIN LEASING COMPANY, INC.

AWIN LEASING II, LLC

AWIN MANAGEMENT, INC.

BARKER BROTHERS WASTE, INCORPORATED

BAY COLLECTION SERVICES, INC.

BAY ENVIRONMENTAL MANAGEMENT, INC.

BAY LANDFILLS, INC.

BAY LEASING COMPANY, INC.

BBCO, INC.

BELLEVILLE LANDFILL, INC.

BERKELEY SANITARY SERVICE, INC.

BFGSI, L.L.C.

BFI ATLANTIC, INC.

BFI ENERGY SYSTEMS OF ALBANY, INC.

BFI ENERGY SYSTEMS OF DELAWARE COUNTY, INC.

BFI ENERGY SYSTEMS OF ESSEX COUNTY, INC.

BFI ENERGY SYSTEMS OF HEMPSTEAD, INC.

BFI ENERGY SYSTEMS OF NIAGARA II, INC.

BFI ENERGY SYSTEMS OF NIAGARA, INC.

BFI ENERGY SYSTEMS OF SEMASS, INC.

BFI ENERGY SYSTEMS OF SOUTHEASTERN CONNECTICUT, INC.

BFI INTERNATIONAL, INC.

BFI REF-FUEL, INC.

BFI TRANS RIVER (GP), INC.

BFI TRANSFER SYSTEMS OF ALABAMA, LLC

BFI TRANSFER SYSTEMS OF DC, LLC

BFI TRANSFER SYSTEMS OF GEORGIA, LLC

BFI TRANSFER SYSTEMS OF MARYLAND, LLC

BFI TRANSFER SYSTEMS OF MASSACHUSETTS, LLC

BFI TRANSFER SYSTEMS OF MISSISSIPPI, LLC

BFI TRANSFER SYSTEMS OF NEW JERSEY, INC.

BFI TRANSFER SYSTEMS OF PENNSYLVANIA, LLC

BFI TRANSFER SYSTEMS OF VIRGINIA, LLC

BFI WASTE SERVICES OF PENNSYLVANIA, LLC

BFI WASTE SERVICES OF TENNESSEE, LLC

BFI WASTE SERVICES, LLC

BFI WASTE SYSTEMS OF ALABAMA, LLC

BFI WASTE SYSTEMS OF ARKANSAS, LLC

BFI WASTE SYSTEMS OF GEORGIA, LLC

BFI WASTE SYSTEMS OF KENTUCKY, LLC

 

 

BFI WASTE SYSTEMS OF LOUISIANA, LLC

BFI WASTE SYSTEMS OF MASSACHUSETTS, LLC

BFI WASTE SYSTEMS OF MISSISSIPPI, LLC

BFI WASTE SYSTEMS OF MISSOURI, LLC

BFI WASTE SYSTEMS OF NEW JERSEY, INC.

BFI WASTE SYSTEMS OF NORTH AMERICA, LLC

BFI WASTE SYSTEMS OF NORTH CAROLINA, LLC

BFI WASTE SYSTEMS OF OKLAHOMA, LLC

BFI WASTE SYSTEMS OF SOUTH CAROLINA, LLC

BFI WASTE SYSTEMS OF TENNESSEE, LLC

BFI WASTE SYSTEMS OF VIRGINIA, LLC

BIO-MED OF OREGON, INC.

BLT ENTERPRISES OF OXNARD, INC.

BOND COUNTY LANDFILL, INC.

BORREGO LANDFILL, INC.

BORROW PIT CORP.

BRICKYARD DISPOSAL & RECYCLING, INC.

BRIDGETON LANDFILL, LLC

BRIDGETON TRANSFER STATION, LLC

BROWNING-FERRIS FINANCIAL SERVICES, INC.

BROWNING-FERRIS INDUSTRIES CHEMICAL SERVICES, INC.

BROWNING-FERRIS INDUSTRIES OF CALIFORNIA, INC.

BROWNING-FERRIS INDUSTRIES OF FLORIDA, INC.

BROWNING-FERRIS INDUSTRIES OF ILLINOIS, INC.

BROWNING-FERRIS INDUSTRIES OF NEW JERSEY, INC.

BROWNING-FERRIS INDUSTRIES OF NEW YORK, INC.

BROWNING-FERRIS INDUSTRIES OF OHIO, INC.

BROWNING-FERRIS INDUSTRIES OF TENNESSEE, INC.

BROWNING-FERRIS INDUSTRIES, INC.

BROWNING-FERRIS INDUSTRIES, LLC

BROWNING-FERRIS SERVICES, INC.

BROWNING-FERRIS, INC.

BRUNSWICK WASTE MANAGEMENT FACILITY, LLC

BUNTING TRASH SERVICE, INC.

BUTLER COUNTY LANDFILL, LLC

C & C EXPANDED SANITARY LANDFILL, LLC

CACTUS WASTE SYSTEMS, LLC

CALVERT TRASH SYSTEMS, INCORPORATED

CAPITOL RECYCLING AND DISPOSAL, INC.

CARBON LIMESTONE LANDFILL, LLC

CC LANDFILL, INC.

CECOS INTERNATIONAL, INC.

CELINA LANDFILL, INC.

CENTRAL ARIZONA TRANSFER, INC.

CENTRAL SANITARY LANDFILL, INC.

 

 

CENTRAL VIRGINIA PROPERTIES, LLC

CHARTER EVAPORATION RESOURCE RECOVERY SYSTEMS

CHEROKEE RUN LANDFILL, INC.

CHILTON LANDFILL, LLC

CITIZENS DISPOSAL, INC.

CITY-STAR SERVICES, INC.

CLARKSTON DISPOSAL, INC.

COCOPAH LANDFILL, INC.

COMPACTOR RENTAL SYSTEMS OF DELAWARE, INC.

CONSOLIDATED DISPOSAL SERVICE, L.L.C.

CONTINENTAL WASTE INDUSTRIES, L.L.C.

COPPER MOUNTAIN LANDFILL, INC.

CORVALLIS DISPOSAL CO.

COUNTY DISPOSAL (OHIO), INC.

COUNTY DISPOSAL, INC.

COUNTY ENVIRONMENTAL LANDFILL, LLC

COUNTY LAND DEVELOPMENT LANDFILL, LLC

COUNTY LANDFILL, INC.

COURTNEY RIDGE LANDFILL, LLC

CRESCENT ACRES LANDFILL, LLC

CROCKETT SANITARY SERVICE, INC.

CUMBERLAND COUNTY DEVELOPMENT COMPANY, LLC

CWI OF ILLINOIS, INC.

CWI OF MISSOURI, INC.

D & L DISPOSAL, L.L.C.

DALLAS DISPOSAL CO.

DELTA CONTAINER CORPORATION

DELTA DADE RECYCLING CORP.

DELTA PAPER STOCK, CO.

DELTA RESOURCES CORP.

DELTA SITE DEVELOPMENT CORP.

DELTA WASTE CORP.

DEMPSEY WASTE SYSTEMS II, INC.

DENVER RL NORTH, INC.

DTC MANAGEMENT, INC.

E LEASING COMPANY, LLC

EAGLE INDUSTRIES LEASING, INC.

EAST CHICAGO COMPOST FACILITY, INC.

ECDC ENVIRONMENTAL OF HUMBOLDT COUNTY, INC.

ECDC ENVIRONMENTAL, L.C.

ECDC HOLDINGS, INC.

ELDER CREEK TRANSFER & RECOVERY, INC.

ELLIS SCOTT LANDFILL MO, LLC

ENVIROCYCLE, INC.

ENVIRONMENTAL DEVELOPMENT CORP.

ENVIRONMENTAL RECLAMATION COMPANY

 

 

ENVIRONTECH, INC.

ENVOTECH-ILLINOIS L.L.C.

EVERGREEN SCAVENGER SERVICE, INC.

EVERGREEN SCAVENGER SERVICE, L.L.C.

F. P. MCNAMARA RUBBISH REMOVAL, INC.

FLINT HILL ROAD, LLC

FLL, INC.

FOREST VIEW LANDFILL, LLC

FORWARD, INC.

FRED BARBARA TRUCKING CO., INC.

FRONTIER WASTE SERVICES (COLORADO), LLC

FRONTIER WASTE SERVICES (UTAH), LLC

FRONTIER WASTE SERVICES OF LOUISIANA L.L.C.

G. VAN DYKEN DISPOSAL INC.

GATEWAY LANDFILL, LLC

GEK, INC.

GENERAL REFUSE ROLLOFF CORP.

GENERAL REFUSE SERVICE OF OHIO, L.L.C.

GEORGIA RECYCLING SERVICES, INC.

GOLDEN BEAR TRANSFER SERVICES, INC.

GOLDEN WASTE DISPOSAL, INC.

GRANTS PASS SANITATION, INC.

GREAT LAKES DISPOSAL SERVICE, INC.

GREAT PLAINS LANDFILL OK, LLC

GREENRIDGE RECLAMATION, LLC

GREENRIDGE WASTE SERVICES, LLC

GULFCOAST WASTE SERVICE, INC.

H LEASING COMPANY, LLC

HANCOCK COUNTY DEVELOPMENT COMPANY, LLC

HARLAND’S SANITARY LANDFILL, INC.

HARRISON COUNTY LANDFILL, LLC

HONEYGO RUN RECLAMATION CENTER, INC.

ILLINOIS LANDFILL, INC.

ILLINOIS RECYCLING SERVICES, INC.

ILLINOIS VALLEY RECYCLING, INC.

IMPERIAL LANDFILL, INC.

INDEPENDENT TRUCKING COMPANY

INGRUM WASTE DISPOSAL, INC.

INTERNATIONAL DISPOSAL CORP. OF CALIFORNIA

ISLAND WASTE SERVICES LTD.

JACKSON COUNTY LANDFILL, LLC

JEFFERSON CITY LANDFILL, LLC

JEFFERSON PARISH DEVELOPMENT COMPANY, LLC

JETTER DISPOSAL, INC.

KANDEL ENTERPRISES, LLC

KANKAKEE QUARRY, INC.

KELLER CANYON LANDFILL COMPANY

KELLER DROP BOX, INC.

LA CAÑADA DISPOSAL COMPANY, INC.

 

 

LAKE NORMAN LANDFILL, INC.

LANDCOMP CORPORATION

LATHROP SUNRISE SANITATION CORPORATION

LEE COUNTY LANDFILL SC, LLC

LEE COUNTY LANDFILL, INC.

LEMONS LANDFILL, LLC

LIBERTY WASTE HOLDINGS, INC.

LIBERTY WASTE SERVICES LIMITED, L.L.C.

LIBERTY WASTE SERVICES OF ILLINOIS, L.L.C.

LIBERTY WASTE SERVICES OF MCCOOK, L.L.C.

LITTLE CREEK LANDING, LLC

LOCAL SANITATION OF ROWAN COUNTY, L.L.C.

LOOP RECYCLING, INC.

LOOP TRANSFER, INCORPORATED

LORAIN COUNTY LANDFILL, LLC

LOUIS PINTO & SON, INC., SANITATION CONTRACTORS

LUCAS COUNTY LAND DEVELOPMENT, INC.

LUCAS COUNTY LANDFILL, LLC

MADISON COUNTY DEVELOPMENT, LLC

MANUMIT OF FLORIDA, INC.

MCCUSKER RECYCLING, INC.

MCINNIS WASTE SYSTEMS, INC.

MENANDS ENVIRONMENTAL SOLUTIONS, LLC

MESA DISPOSAL, INC.

MIDWAY DEVELOPMENT COMPANY, INC.

MISSISSIPPI WASTE PAPER COMPANY

MISSOURI CITY LANDFILL, LLC

MOUNTAIN HOME DISPOSAL, INC.

N LEASING COMPANY, LLC

NATIONSWASTE CATAWBA REGIONAL LANDFILL, INC.

NATIONSWASTE, INC.

NCORP, INC.

NEW MORGAN LANDFILL COMPANY, INC.

NEW YORK WASTE SERVICES, LLC

NEWCO WASTE SYSTEMS OF NEW JERSEY, INC.

NOBLE ROAD LANDFILL, INC.

NORTHEAST LANDFILL, LLC

NORTHLAKE TRANSFER, INC.

NORTHWEST TENNESSEE DISPOSAL CORPORATION

OAKLAND HEIGHTS DEVELOPMENT, INC.

OBSCURITY LAND DEVELOPMENT, LLC

OHIO REPUBLIC CONTRACTS, II, INC.

OHIO REPUBLIC CONTRACTS, INC.

OKLAHOMA CITY LANDFILL, L.L.C.

OSCAR’S COLLECTION SYSTEM OF FREMONT, INC.

OTAY LANDFILL, INC.

OTTAWA COUNTY LANDFILL, INC.

PACKERTON LAND COMPANY, L.L.C.

 

 

PALOMAR TRANSFER STATION, INC.

PELTIER REAL ESTATE COMPANY

PERDOMO & SONS, INC.

PINAL COUNTY LANDFILL CORP.

PINECREST LANDFILL OK, LLC

PITTSBURG COUNTY LANDFILL, INC.

POLK COUNTY LANDFILL, LLC

PORT CLINTON LANDFILL, INC.

PORTABLE STORAGE CO.

PREBLE COUNTY LANDFILL, INC.

PRICE & SONS RECYCLING COMPANY

PRINCE GEORGE’S COUNTY LANDFILL, LLC

R.C. MILLER ENTERPRISES, INC.

R.C. MILLER REFUSE SERVICE INC.

RABANCO RECYCLING, INC.

RABANCO, LTD.

RAMONA LANDFILL, INC.

RCS, INC.

RELIABLE DISPOSAL, INC.

REPUBLIC DUMPCO, INC.

REPUBLIC ENVIRONMENTAL TECHNOLOGIES, INC.

REPUBLIC OHIO CONTRACTS, LLC

REPUBLIC SERVICES AVIATION, INC.

REPUBLIC SERVICES FINANCIAL LP, INC.

REPUBLIC SERVICES GROUP, LLC

REPUBLIC SERVICES HOLDING COMPANY, INC.

REPUBLIC SERVICES OF ARIZONA HAULING, LLC

REPUBLIC SERVICES OF CALIFORNIA HOLDING COMPANY, INC.

REPUBLIC SERVICES OF CALIFORNIA II, LLC

REPUBLIC SERVICES OF COLORADO HAULING, LLC

REPUBLIC SERVICES OF COLORADO I, LLC

REPUBLIC SERVICES OF FLORIDA GP, INC.

REPUBLIC SERVICES OF FLORIDA LP, INC.

REPUBLIC SERVICES OF GEORGIA GP, LLC

REPUBLIC SERVICES OF GEORGIA LP, LLC

REPUBLIC SERVICES OF INDIANA LP, INC.

REPUBLIC SERVICES OF INDIANA TRANSPORTATION, LLC

REPUBLIC SERVICES OF KENTUCKY, LLC

REPUBLIC SERVICES OF MICHIGAN HAULING, LLC

REPUBLIC SERVICES OF MICHIGAN HOLDING COMPANY, INC.

REPUBLIC SERVICES OF MICHIGAN I, LLC

REPUBLIC SERVICES OF MICHIGAN II, LLC

REPUBLIC SERVICES OF MICHIGAN III, LLC

REPUBLIC SERVICES OF MICHIGAN IV, LLC

REPUBLIC SERVICES OF MICHIGAN V, LLC

REPUBLIC SERVICES OF NEW JERSEY, LLC

REPUBLIC SERVICES OF NORTH CAROLINA, LLC

 

 

REPUBLIC SERVICES OF OHIO HAULING, LLC

REPUBLIC SERVICES OF OHIO I, LLC

REPUBLIC SERVICES OF OHIO II, LLC

REPUBLIC SERVICES OF OHIO III, LLC

REPUBLIC SERVICES OF OHIO IV, LLC

REPUBLIC SERVICES OF PENNSYLVANIA, LLC

REPUBLIC SERVICES OF SOUTH CAROLINA, LLC

REPUBLIC SERVICES OF SOUTHERN CALIFORNIA, LLC

REPUBLIC SERVICES OF VIRGINIA, LLC

REPUBLIC SERVICES OF WISCONSIN GP, LLC

REPUBLIC SERVICES OF WISCONSIN LP, LLC

REPUBLIC SERVICES REAL ESTATE HOLDING, INC.

REPUBLIC SERVICES VASCO ROAD, LLC

REPUBLIC SILVER STATE DISPOSAL, INC.

REPUBLIC WASTE SERVICES OF SOUTHERN CALIFORNIA, LLC

REPUBLIC WASTE SERVICES OF TEXAS GP, INC.

REPUBLIC WASTE SERVICES OF TEXAS LP, INC.

RESOURCE RECOVERY, INC.

RI/ALAMEDA CORP.

RICHMOND SANITARY SERVICE, INC.

RISK SERVICES, INC.

RITM, LLC

ROCK ROAD INDUSTRIES, INC.

ROSS BROS. WASTE & RECYCLING CO.

ROSSMAN SANITARY SERVICE, INC.

ROXANA LANDFILL, INC.

ROYAL HOLDINGS, INC.

RUBBISH CONTROL, LLC

S & S RECYCLING, INC.

S LEASING COMPANY, LLC

SALINE COUNTY LANDFILL, INC.

SAN DIEGO LANDFILL SYSTEMS, LLC

SAN MARCOS NCRRF, INC.

SAND VALLEY HOLDINGS, L.L.C.

SANDY HOLLOW LANDFILL CORP.

SANGAMON VALLEY LANDFILL, INC.

SANITARY DISPOSAL SERVICE, INC.

SAUK TRAIL DEVELOPMENT, INC.

SCHOFIELD CORPORATION OF ORLANDO

SHOW-ME LANDFILL, LLC

SHRED — ALL RECYCLING SYSTEMS INC.

SOLANO GARBAGE COMPANY

SOURCE RECYCLING, INC.

SOUTHEAST LANDFILL, LLC

SOUTHERN ILLINOIS REGIONAL LANDFILL, INC.

ST. BERNARD PARISH DEVELOPMENT COMPANY, LLC

ST. JOSEPH LANDFILL, LLC

 

 

STANDARD DISPOSAL SERVICES, INC.

STANDARD ENVIRONMENTAL SERVICES, INC.

STANDARD WASTE, INC.

STREATOR AREA LANDFILL, INC.

SUBURBAN TRANSFER, INC.

SUBURBAN WAREHOUSE, INC.

SUMMIT WASTE SYSTEMS, INC.

SUNRISE SANITATION SERVICE, INC.

SUNSET DISPOSAL SERVICE, INC.

SUNSET DISPOSAL, INC.

SYCAMORE LANDFILL, INC.

TATE’S TRANSFER SYSTEMS, INC.

TAY-BAN CORPORATION

TAYLOR RIDGE LANDFILL, INC.

TENNESSEE UNION COUNTY LANDFILL, INC.

THE ECOLOGY GROUP, INC.

THOMAS DISPOSAL SERVICE, INC.

TOM LUCIANO’S DISPOSAL SERVICE, INC.

TOTAL ROLL-OFFS, L.L.C.

TOTAL SOLID WASTE RECYCLERS, INC.

TRICIL (N.Y.), INC.

TRI-COUNTY REFUSE SERVICE, INC.

TRI-STATE RECYCLING SERVICES, INC.

TRI-STATE REFUSE CORPORATION

UNITED DISPOSAL SERVICE, INC.

UPPER ROCK ISLAND COUNTY LANDFILL, INC.

VALLEY LANDFILLS, INC.

VINING DISPOSAL SERVICE, INC.

WASATCH REGIONAL LANDFILL, INC.

WASTE CONTROL SYSTEMS, INC.

WASTE SERVICES OF NEW YORK, INC.

WASTEHAUL, INC.

WAYNE COUNTY LAND DEVELOPMENT, LLC

WAYNE COUNTY LANDFILL IL, INC.

WAYNE DEVELOPERS, LLC

WDTR, INC.

WEBSTER PARISH LANDFILL, L.L.C.

WEST CONTRA COSTA ENERGY RECOVERY COMPANY

WEST CONTRA COSTA SANITARY LANDFILL, INC.

WEST COUNTY LANDFILL, INC.

WEST COUNTY RESOURCE RECOVERY, INC.

WILLAMETTE RESOURCES, INC.

WILLIAMS COUNTY LANDFILL INC.

WILLOW RIDGE LANDFILL, LLC

WJR ENVIRONMENTAL, INC.

WOODLAKE SANITARY SERVICE, INC.

ZAKAROFF SERVICES

 

 

	 	 	 	 	 
	 	 	 
	 	By:  	                                              /s/ Edward A. Lang, III
 	 
	 	 	Name:  	Edward A. Lang, III 	 
	 	 	Title:  	Treasurer of each of the foregoing entities 	 
	 

 

 

ABILENE LANDFILL TX, LP

BFI TRANSFER SYSTEMS OF TEXAS, LP

BFI WASTE SERVICES OF INDIANA, LP

BFI WASTE SERVICES OF TEXAS, LP

BFI WASTE SYSTEMS OF INDIANA, LP

BLUE RIDGE LANDFILL TX, LP

BRENHAM TOTAL ROLL-OFFS, LP

CAMELOT LANDFILL TX, LP

CEFE LANDFILL TX, LP

CROW LANDFILL TX, L.P.

DESARROLLO DEL RANCHO LA GLORIA TX, LP

EL CENTRO LANDFILL, L.P.

ELLIS COUNTY LANDFILL TX, LP

FORT WORTH LANDFILL TX, LP

FRONTIER WASTE SERVICES, L.P.

GALVESTON COUNTY LANDFILL TX, LP

GILES ROAD LANDFILL TX, LP

GOLDEN TRIANGLE LANDFILL TX, LP

GREENWOOD LANDFILL TX, LP

GULF WEST LANDFILL TX, LP

ITASCA LANDFILL TX, LP

KERRVILLE LANDFILL TX, LP

LEWISVILLE LANDFILL TX, LP

MARS ROAD TX, LP

MCCARTY ROAD LANDFILL TX, LP

MESQUITE LANDFILL TX, LP

MEXIA LANDFILL TX, LP

PANAMA ROAD LANDFILL, TX, L.P.

PINE HILL FARMS LANDFILL TX, LP

PLEASANT OAKS LANDFILL TX, LP

RIO GRANDE VALLEY LANDFILL TX, LP

ROYAL OAKS LANDFILL TX, LP

SOUTH CENTRAL TEXAS LAND CO. TX, LP

SOUTHWEST LANDFILL TX, LP

TESSMAN ROAD LANDFILL TX, LP

TURKEY CREEK LANDFILL TX, LP

VICTORIA LANDFILL TX, LP

WHISPERING PINES LANDFILL TX, LP

	 	 	 	 	 
	 	 	 
	 	By:  	                                               Allied Waste Landfill Holdings, Inc., as General
 
	 	 	Partner of each of the foregoing entities 	 

	 	 	 	 	 
	 	By:  	                                                  /s/ Edward A. Lang, III
 	 
	 	 	Name:  	Edward A. Lang, III 	 
	 	 	Title:  	Treasurer 	 
	 

 

 

BENTON COUNTY DEVELOPMENT COMPANY

CLINTON COUNTY LANDFILL PARTNERSHIP

COUNTY LINE LANDFILL PARTNERSHIP

ILLIANA DISPOSAL PARTNERSHIP

JASPER COUNTY DEVELOPMENT COMPANY PARTNERSHIP

KEY WASTE INDIANA PARTNERSHIP

LAKE COUNTY C & D DEVELOPMENT PARTNERSHIP

NEWTON COUNTY LANDFILL PARTNERSHIP

SPRINGFIELD ENVIRONMENTAL GENERAL PARTNERSHIP

TIPPECANOE COUNTY WASTE SERVICES PARTNERSHIP

WARRICK COUNTY DEVELOPMENT COMPANY

	 	 	 	 	 
	 	 	 
	 	By:  	                                              Allied Waste Landfill Holdings, Inc., as General
 
	 	 	Partner of each of the foregoing entities 	 

	 	 	 	 	 
	 	By:  	                                                  /s/ Edward A. Lang, III
 	 
	 	 	Name:  	Edward A. Lang, III 	 
	 	 	Title:  	Treasurer 	 

	 	 	 	 	 
	 	By:  	                                               Allied Waste North America, Inc., as General
 	 
	 	 	Partner of each of the foregoing entities 	 

	 	 	 	 	 
	 	By:  	                                                  /s/ Edward A. Lang, III
 	 
	 	 	Name:  	Edward A. Lang, III 	 
	 	 	Title:  	Treasurer 	 
	 

 

 

BENSON VALLEY LANDFILL GENERAL PARTNERSHIP

BLUE RIDGE LANDFILL GENERAL PARTNERSHIP

GREEN VALLEY LANDFILL GENERAL PARTNERSHIP

MOREHEAD LANDFILL GENERAL PARTNERSHIP

	 	 	 	 	 
	 	By:  	                                               Allied Waste North America, Inc., as General
 	 
	 	 	Partner of each of the foregoing entities 	 

	 	 	 	 	 
	 	By:  	                                                  /s/ Edward A. Lang, III
 	 
	 	 	Name:  	Edward A. Lang, III 	 
	 	 	Title:  	Treasurer 	 

	 	 	 	 	 
	 	By:  	Browning-Ferris Industries of Tennessee, Inc., as  	 
	 	 	General Partner of each of the foregoing entities 	 

	 	 	 	 	 
	 	By:  	                                                  /s/ Edward A. Lang, III
 	 
	 	 	Name:  	Edward A. Lang, III 	 
	 	 	Title:  	Treasurer 	 

REPUBLIC WASTE SERVICES OF TEXAS, LTD.

RWS TRANSPORT, L.P.

	 	 	 	 	 
	 	By:  	                                               Republic Waste Services of Texas GP, Inc., as
 	 
	 	 	General Partner of each of the foregoing entities 	 

	 	 	 	 	 
	 	By:  	                                                  /s/ Edward A. Lang, III
 	 
	 	 	Name:  	Edward A. Lang, III 	 
	 	 	Title:  	Treasurer 	 
	 

 

 

BFI ENERGY SYSTEMS OF SOUTHEASTERN

      CONNECTICUT, LIMITED PARTNERSHIP

	 	 	 	 	 
	 	 	 
	 	By:  	BFI Energy Systems of Southeastern Connecticut, 	 
	 	 	Inc., its General Partner 	 
	 
	 	 	 
	 	 	By:  /s/ Edward A. Lang, III

	 
	 	 	        Name:  Edward A. Lang, III 	 
	 	 	        Title:    Treasurer 	 
	 
	OCEANSIDE WASTE & RECYCLING SERVICES

       By: Republic Services, Inc., its General Partner

	 
	 	 	 
	 	By:  	                                                  /s/ Edward A. Lang, III
 	 
	 	 	Name:  	Edward A. Lang, III 	 
	 	 	Title:  	Treasurer 	 
	 
	      By: Zakaroff Services, its General Partner
 
	 
	 	 	 
	 	By:  	                                                  /s/ Edward A. Lang, III
 	 
	 	 	Name:  	Edward A. Lang, III 	 
	 	 	Title:  	Treasurer 	 
	 
	RABANCO COMPANIES

       By: Rabanco Recycling, Inc., its General Partner

	 
	 	 	 
	 	By:  	                                                  /s/ Edward A. Lang, III
 	 
	 	 	Name:  	Edward A. Lang, III 	 
	 	 	Title:  	Treasurer 	 
	 
	      By: Rabanco, Ltd., its General Partner

	 
	 	 	 
	 	By:  	                                                  /s/ Edward A. Lang, III
 	 
	 	 	Name:  	Edward A. Lang, III 	 
	 	 	Title:  	Treasurer 	 
	 

 

 

REPUBLIC SERVICES FINANCIAL, LIMITED

     PARTNERSHIP

      By: Republic Silver State Disposal, Inc., its General Partner

	 	 	 	 	 
	 	 	 
	 	By:  	                                                  /s/ Edward A. Lang, III
 	 
	 	 	Name:  	Edward A. Lang, III 	 
	 	 	Title:  	Treasurer 	 
	 

REPUBLIC SERVICES OF FLORIDA, LIMITED

     PARTNERSHIP

      By: Republic Services of Florida GP, Inc., its General Partner

	 	 	 	 	 
	 	 	 
	 	By:  	                                                  /s/ Edward A. Lang, III
 	 
	 	 	Name:  	Edward A. Lang, III 	 
	 	 	Title:  	Treasurer 	 
	 

REPUBLIC SERVICES OF GEORGIA, LIMITED

     PARTNERSHIP

      By: Republic Services of Georgia GP, LLC, its General Partner

	 	 	 	 	 
	 	 	 
	 	By:  	                                                  /s/ Edward A. Lang, III
 	 
	 	 	Name:  	Edward A. Lang, III 	 
	 	 	Title:  	Treasurer 	 
	 

REPUBLIC SERVICES OF INDIANA, LIMITED

     PARTNERSHIP

     By: Republic Services, Inc., its General Partner

	 	 	 	 	 
	 	 	 
	 	By:  	                                                  /s/ Edward A. Lang, III
 	 
	 	 	Name:  	Edward A. Lang, III 	 
	 	 	Title:  	Treasurer 	 
	 

 

 

REPUBLIC SERVICES OF WISCONSIN, LIMITED

     PARTNERSHIP

      By: Republic Services of Wisconsin GP, LLC, its

      General Partner

	 	 	 	 	 
	 	 	 
	 	By:  	                                                  /s/ Edward A. Lang, III
 	 
	 	 	Name:  	Edward A. Lang, III 	 
	 	 	Title:  	Treasurer 	 
	 

DINVERNO, INC.

	 	 	 	 	 
	 	 	 
	 	By:  	                                              /s/ Roger A. Groen Jr.
 	 
	 	 	Name:  	Roger A. Groen Jr. 	 
	 	 	Title:  	President 	 
	 

 

 

	 	 	 	 	 
	 	U.S. BANK NATIONAL ASSOCIATION, as Trustee

 	 
	 	By:  	/s/ Richard Prokosch
 	 
	 	 	Name:  	Richard Prokosch 	 
	 	 	Title:  	Vice President 	 
	 

 

 

EXHIBIT A

[FORM OF FACE OF SECURITY]

[THIS SECURITY IS A GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE
HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF A DEPOSITARY OR A
NOMINEE OF A DEPOSITARY OR A SUCCESSOR DEPOSITARY. TRANSFERS OF THIS GLOBAL
SECURITY SHALL BE LIMITED TO TRANSFERS IN WHOLE, BUT NOT IN PART, TO
NOMINEES OF CEDE & CO. OR TO A SUCCESSOR THEREOF OR SUCH SUCCESSOR’S NOMINEE
AND TRANSFERS OF PORTIONS OF THIS GLOBAL SECURITY SHALL BE LIMITED TO
TRANSFERS MADE IN ACCORDANCE WITH THE RESTRICTIONS SET FORTH IN SECTION 3.06
OF THE INDENTURE.

UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE COMPANY OR
ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT AND ANY SUCH
CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER
NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT
IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN
AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF
FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE
REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.]1

[THIS SECURITY HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS
AMENDED (THE “SECURITIES ACT”), OR THE SECURITIES LAWS OF ANY STATE OR OTHER
JURISDICTION. NEITHER THIS SECURITY NOR ANY INTEREST OR PARTICIPATION HEREIN
MAY BE REOFFERED, SOLD, ASSIGNED, TRANSFERRED, PLEDGED, ENCUMBERED OR
OTHERWISE DISPOSED OF IN THE ABSENCE OF SUCH REGISTRATION OR UNLESS SUCH
TRANSACTION IS EXEMPT FROM, OR NOT SUBJECT TO, SUCH REGISTRATION. THE HOLDER
OF THIS SECURITY, BY ITS ACCEPTANCE HEREOF, AGREES ON ITS OWN BEHALF AND ON
BEHALF OF ANY INVESTOR ACCOUNT FOR WHICH IT HAS PURCHASED SECURITIES, TO
OFFER, SELL OR

 

			
	1	 	This paragraph should be included only if the
Note is issued in global form.

A-1

 

OTHERWISE TRANSFER SUCH SECURITY, PRIOR TO THE DATE (THE “RESALE RESTRICTION
TERMINATION DATE”) THAT IS ONE YEAR AFTER THE LATER OF THE ORIGINAL ISSUE
DATE HEREOF AND THE LAST DATE ON WHICH THE ISSUER OR ANY AFFILIATE OF THE
ISSUER WAS THE OWNER OF THIS SECURITY (OR ANY PREDECESSOR OF SUCH SECURITY),
ONLY (A) TO THE ISSUER, (B) PURSUANT TO A REGISTRATION STATEMENT THAT HAS
BEEN DECLARED EFFECTIVE UNDER THE SECURITIES ACT, (C) FOR SO LONG AS THE
SECURITIES ARE ELIGIBLE FOR RESALE PURSUANT TO RULE 144A UNDER THE
SECURITIES ACT, TO A PERSON IT REASONABLY BELIEVES IS A “QUALIFIED
INSTITUTIONAL BUYER” AS DEFINED IN RULE 144A UNDER THE SECURITIES ACT THAT
PURCHASES FOR ITS OWN ACCOUNT OR FOR THE ACCOUNT OF A QUALIFIED
INSTITUTIONAL BUYER TO WHOM NOTICE IS GIVEN THAT THE TRANSFER IS BEING MADE
IN RELIANCE ON RULE 144A, (D) PURSUANT TO OFFERS AND SALES THAT OCCUR
OUTSIDE THE UNITED STATES TO NON-U.S. PERSONS WITHIN THE MEANING OF
REGULATION S UNDER THE SECURITIES ACT, OR (E) PURSUANT TO ANOTHER AVAILABLE
EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT, SUBJECT
TO THE ISSUER’S AND THE TRUSTEE’S RIGHT PRIOR TO ANY SUCH OFFER, SALE OR
TRANSFER PURSUANT TO CLAUSE (E) TO REQUIRE THE DELIVERY OF AN OPINION OF
COUNSEL, CERTIFICATION AND/OR OTHER INFORMATION SATISFACTORY TO EACH OF
THEM. THIS LEGEND WILL BE REMOVED UPON THE REQUEST OF THE HOLDER AFTER THE
RESALE RESTRICTION TERMINATION DATE.]2

 

			
	2	 	This paragraph should be included only if the
Note is a Restricted Global Security or Restricted Certificated Security.

A-2

 

REPUBLIC SERVICES, INC.

 

5.00% NOTES DUE 2020

CUSIP No.     [760759AG5]

[U76069AD2]

ISIN     [US760759AG53]

[USU76069AD22]

			
	 	 	 
	No.                     
	 	$                                             

          Republic Services, Inc., a Delaware corporation (herein called the “Company,” which term
includes any successor Person under the Indenture hereinafter referred to), for value received,
hereby promises to pay to Cede & Co. or its registered assigns, the principal sum of                     
($                    ) United States dollars, or such greater or lesser amount as may from time to time be
endorsed on the Schedule of Increases and Decreases of Interests in the Global Note attached hereto
(but in no event may such amount exceed the aggregate principal amount of Notes authenticated
pursuant to Section 3.03 of the Indenture referred to below and then Outstanding pursuant the terms
of the Indenture])3, on March 1, 2020, at the office or agency of the Company referred
to below, and to pay interest thereon from March 4, 2010 or from the most recent Interest Payment
Date to which interest has been paid or duly provided for, semiannually on March 1 and September 1
in each year, commencing September 1, 2010 at the rate of 5.00% per annum, in United States
dollars, until the principal hereof is paid or duly provided for. Interest shall be computed on
the basis of a 360-day year comprised of twelve 30-day months. The principal amount of the
Securities which may be issued is unlimited. The Company may issue additional senior notes of the
same class and series as this Security in one or more tranches from time to time without notice to
or the consent of the existing holders of the Securities. These additional senior notes are
referred to in this Security as the “Additional Securities” and all references to the Securities in
this Security or in the Indenture shall include the Additional Securities. The Additional
Securities shall vote as a class with all other Securities as to matters as to which such
Securities have a vote.

          The interest so payable, and punctually paid or duly provided for, on any Interest Payment
Date will, as provided in such Indenture, be paid to the Person in whose name this Security is
registered at the close of business on the Regular Record Date for such interest, which shall be
the February 15 or August 15 (whether or not a Business Day), as the case may be, next preceding
such Interest Payment Date. Any such interest not so punctually paid, or duly provided for, and
interest on such defaulted interest at the interest rate borne by the Securities, to the extent
lawful, shall forthwith cease to be payable to the Holder on such Regular Record Date, and may
either be paid to the Person in whose name this Security (or any Predecessor Securities) is
registered at the close of business on a Special Record Date for the payment of such defaulted
interest to be fixed by the Trustee, notice thereof shall be given to Holders of Securities not
less

 

			
	3	 	Use if Global Security

A-3

 

than 10 days prior to such Special Record Date, or be paid at any time in any other lawful
manner not inconsistent with the requirements of any securities exchange on which the Securities
may be listed, and upon such notice as may be required by such exchange, all as more fully provided
in the Indenture.

          Payment of the principal of, premium, if any, and interest on, this Security, and exchange or
transfer of this Security, will be made at the office or agency of the Company in The City of New
York maintained for such purpose (which initially will be a corporate trust office of the Trustee
or its affiliate located at 100 Wall Street, Suite 1600, New York, NY 10005), or at such other
office or agency as may be maintained for such purpose, in such coin or currency of the United
States of America as at the time of payment is legal tender for payment of public and private
debts; provided, however, that payment of interest may be made at the option of the Company by
check mailed to the address of the Person entitled thereto as such address shall appear on the
Security Register.

          Reference is hereby made to the further provisions of this Security set forth on the reverse
hereof, which further provisions shall for all purposes have the same effect as if set forth at
this place.

A-4

 

          Unless the certificate of authentication hereon has been duly executed by the Trustee referred
to on the reverse hereof or by the authenticating agent appointed as provided in the Indenture by
manual signature of an authorized signer, this Security shall not be entitled to any benefit under
the Indenture, or be valid or obligatory for any purpose.

          IN WITNESS WHEREOF, the Company has caused this instrument to be duly executed by the manual
or facsimile signature of its authorized officers.

	 	 	 	 	 
	 	REPUBLIC SERVICES, INC.

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

A-5

 

TRUSTEE’S CERTIFICATE OF AUTHENTICATION

          This is one of the 5.00% Notes due March 1, 2020 referred to in the within-mentioned
Indenture.

	 	 	 	 	 
	 	U.S. BANK NATIONAL ASSOCIATION, as Trustee

 	 
	 	By:  	 	 
	 	 	Authorized Signatory 	 
	 	 	 	 
	 

Dated:                     

A-6

 

[FORM OF REVERSE SIDE OF SECURITY]

REPUBLIC SERVICES, INC.

5.00% Notes due 2020

          This Security is one of a duly authorized issue of Securities of the Company designated as its
5.00% Notes due 2020 (herein called the “Securities”), limited (except as otherwise provided in the
Indenture referred to below) in aggregate principal amount to $850,000,000, issued under and
subject to the terms of an indenture (herein called the “Indenture”) dated as of November 25, 2009,
between the Company, the guarantors listed on the signature pages thereto (the “Guarantors”) and
U.S. Bank National Association, as trustee (herein called the “Trustee,” which term includes any
successor trustee under the Indenture), as supplemented by a Second Supplemental Indenture, dated
as of March 4, 2010, to which Indenture and all indentures supplemental thereto reference is hereby
made for a statement of the respective rights, limitations of rights, duties, obligations and
immunities thereunder of the Company, the Guarantors, the Trustee and the Holders of the
Securities, and of the terms upon which the Securities are, and are to be, authenticated and
delivered.

          The Securities may be redeemed at any time, at the option of the Company, in whole or in part,
at any time and from time to time, upon not less than 30 and not more than 60 days’ notice to the
Holders thereof as provided in the Indenture, at a Redemption Price equal to the greater of (1)
100% of the principal amount of the Securities to be redeemed and (2) the sum of the present values
of the remaining scheduled payments of principal and interest thereon (not including any portion of
any interest accrued to the redemption date) discounted to the Redemption Date on a semiannual
basis (assuming a 360-day year consisting of twelve 30-day months) at the applicable Treasury Rate,
plus 25 basis points, plus, in each case, accrued interest to the Redemption Date (subject to the
right of holders of record of such Securities on relevant record dates to receive interest due on
an interest payment date), if any.

          If less than all of the Securities are to be redeemed, the Trustee shall select, not more than
60 nor less than 30 days before the Redemption Date, the Securities or portions thereof to be
redeemed on a pro rata basis, by lot or by any other method the Trustee shall deem fair and
appropriate.

          In the case of any redemption of Securities in accordance with the Indenture, interest
installments whose Stated Maturity is on or prior to the Redemption Date will be payable to the
Holders of such Securities of record as of the close of business on the relevant Regular Record
Date or Special Record Date referred to on the face hereof. Securities (or portions thereof) for
whose redemption and payment provision is made in accordance with the Indenture shall cease to bear
interest from and after the Redemption Date.

          In the event of redemption or repurchase of this Security in accordance with the Indenture in
part only, a new Security or Securities for the unredeemed portion hereof shall be issued in the
name of the Holder hereof upon the cancellation hereof.

A-7

 

          Upon the occurrence of a Change of Control Triggering Event with respect to the Securities,
unless the Company has exercised its right to redeem the Securities pursuant to Article XI of the
Indenture, each Holder of the Securities shall have the right to require the Company to purchase
all or a portion (equal to $2,000 or an integral multiple of $1,000 in excess thereof) of such
Holder’s Security pursuant to Article XIV of the Indenture.

          If an Event of Default shall occur and be continuing, the principal amount of all the
Securities may be declared due and payable in the manner and with the effect provided in the
Indenture.

          The Indenture contains provisions for defeasance at any time of (a) the entire Indebtedness on
the Securities and (b) certain covenants and Defaults and Events of Default, in each case upon
compliance with certain conditions set forth therein.

          The Indenture permits, with certain exceptions (including certain amendments permitted without
the consent of any Holders and certain amendments which required the consent of all of the Holders)
as therein provided, the amendment thereof and the modification of the rights and obligations of
the Company and the rights of the Holders under the Indenture and the Securities at any time by the
Company, the Guarantors and the Trustee with the consent of the Holders of at least a majority in
aggregate principal amount of the Securities at the time Outstanding that are affected. The
Indenture also contains provisions permitting the Holders of at least a majority in aggregate
principal amount of the Securities (100% of the Holders in certain circumstances) at the time
Outstanding that are affected, on behalf of the Holders of all the Securities, to waive compliance
by the Company with certain provisions of the Indenture and the Securities of such series and
certain past Defaults and Events of Default under the Indenture and the Securities and their
consequences. Any such consent or waiver by or on behalf of the Holder of this Security shall be
conclusive and binding upon such Holder and upon all future Holders of this Security and of any
Security issued upon the registration of transfer hereof or in exchange herefor or in lieu hereof
whether or not notation of such consent or waiver is made upon this Security.

          No reference herein to the Indenture and no provision of this Security or of the Indenture
shall alter or impair the obligation of the Company or any other obligor on the Securities (in the
event such other obligor is obligated to make payments in respect of the Securities), which is
absolute and unconditional, to pay the principal of, and premium, if any, and interest on, this
Security at the times, place, and rate, and in the coin or currency, herein prescribed.

          As provided in the Indenture and subject to certain limitations therein set forth, the
transfer of this Security is registrable in the Security Register, upon surrender of this Security
for registration of transfer at the office or agency of the Company in the Borough of Manhattan,
The City of New York, duly endorsed by, or accompanied by a written instrument of transfer in
form satisfactory to the Company and the Security Registrar duly executed by, the Holder
hereof or its attorney duly authorized in writing, and thereupon one or more new Securities, of
authorized denominations and for the same aggregate principal amount, will be issued to the
designated transferee or transferees.

A-8

 

          The Securities in certificated form are issuable only in registered form without coupons in
denominations of $2,000 and any integral multiple thereof. As provided in the Indenture and
subject to certain limitations therein set forth, the Securities are exchangeable for a like
aggregate principal amount of Securities of a differing authorized denomination, as requested by
the Holder surrendering the same.

          Except as indicated in the Indenture, no service charge shall be made for any registration of
transfer or exchange of Securities, but the Company may require payment of a sum sufficient to
cover any tax or other governmental charge payable in connection therewith.

          A director, officer, employee or stockholder, as such, of the Company or any Guarantor shall
not have any liability for any obligations under the Securities or the Indenture or for any claim
based on, in respect of or by reason of such obligations or their creation. By accepting a
Security, each Holder waives and releases all such liability. The waiver and release are part of
the consideration for the issue of the Securities.

          Prior to due presentment of this Security for registration of transfer, the Company, the
Trustee and any agent of the Company or the Trustee may treat the Person in whose name this
Security is registered as the owner hereof for all purposes, whether or not this Security is
overdue, and neither the Company, the Trustee nor any such agent shall be affected by notice to the
contrary.

          THIS SECURITY SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF
NEW YORK, WITHOUT GIVING EFFECT TO THE TO CONFLICT OF LAWS PRINCIPLES THEREOF.

All terms used in this Security which are defined in the Indenture and not otherwise defined herein
shall have the meanings assigned to them in the Indenture.

A-9

 

CHANGE OF CONTROL REPURCHASE NOTICE

If you want to elect to have only part of the Security purchased by the Company pursuant to Section
14.01 of the Indenture, state the amount you elect to have purchased:

$                    

Date:                                                            

Your Signature:                                                            

(Sign exactly as your name appears on the face of this Security)

Tax Identification No:                    

Signature Guarantee*:                    

 

			
	*	 	Participant in a recognized Signature Guarantee Medallion Program (or other signature
guarantor acceptable to the Trustee).

A-10

 

SCHEDULE OF INCREASES AND DECREASES OF INTERESTS

IN THE GLOBAL SECURITY4

The following increases or decreases in this Global Security have been made:

	 	 	 	 	 	 	 	 	 
	 	 	Amount of	 	Amount of	 	Principal Amount	 	 
	 	 	decrease	 	increase in	 	of this Global	 	 
	 	 	in Principal	 	Principal	 	Security	 	Signature of
	 	 	Amount of	 	Amount of	 	following such	 	authorized officer
	Date of	 	this Global	 	this Global	 	decrease	 	of Trustee or Note
	Exchange	 	Security	 	Security	 	(or increase)	 	Custodian
	 

	 	 
	 	 
	 	 	 	 

 

			
	4	 	This should be included only if the Security
is a Global Security.

A-11

 

EXHIBIT B

FORM OF CERTIFICATE OF TRANSFER

			
	     Re:	 	Republic Industries, Inc.

5.00% Notes due 2020

     Reference is hereby made to the Indenture, dated as of November 25, 2009 and Second
Supplemental Indenture, dated as of March 4, 2010 (collectively, the “Indenture”), among Republic
Industries, Inc., as issuer (the “Company”), the guarantors named therein and U.S Bank National
Association, as trustee. Capitalized terms used but not defined herein shall have the meanings
given to them in the Indenture.

        
                 , (the “Transferor”) owns and proposes to transfer the
Securities or interest in such Securities specified in Annex A hereto, in the principal amount of
$                
    
in such Securities or interests (the “Transfer”), to      
             
                
         
(the “Transferee”), as further specified in Annex A
hereto. In connection with the Transfer, the Transferor hereby certifies that:

[CHECK ALL THAT APPLY]

     1. o Check if Transferee will take delivery of a beneficial interest in the 144A Global Security
or a Certificated Security Pursuant to Rule 144A. The Transfer is being effected pursuant to and
in accordance with Rule 144A under the United States Securities Act of 1933, as amended (the
“Securities Act”), and, accordingly, the Transferor hereby further certifies that the beneficial
interest or Certificated Security is being transferred to a Person that the Transferor reasonably
believed and believes is purchasing the beneficial interest or Certificated Security for its own
account, or for one or more accounts with respect to which such Person exercises sole investment
discretion, and such Person and each such account is a “qualified institutional buyer” within the
meaning of Rule 144A in a transaction meeting the requirements of Rule 144A and such Transfer is in
compliance with any applicable blue sky securities laws of any state of the United States. Upon
consummation of the proposed Transfer in accordance with the terms of the Indenture, the
transferred beneficial interest or Certificated Security will be subject to the restrictions on
transfer enumerated in the Private Placement Legend printed on the 144A Global Security and/or the
Certificated Security and in the Indenture and the Securities Act.

     2. o Check if Transferee will take delivery of a beneficial interest in the Regulation S Global
Security or a Certificated Security pursuant to Regulation S. The Transfer is being effected
pursuant to and in accordance with Rule 903 or Rule 904 under

B-1

 

the Securities Act and, accordingly, the Transferor hereby further certifies that (i) the
Transfer is not being made to a person in the United States and (x) at the time the buy order was
originated, the Transferee was outside the United States or such Transferor and any Person acting
on its behalf reasonably believed and believes that the Transferee was outside the United States or
(y) the transaction was executed in, on or through the facilities of a designated offshore
securities market and neither such Transferor nor any Person acting on its behalf knows that the
transaction was prearranged with a buyer in the United States, (ii) no directed selling efforts
have been made in contravention of the requirements of Rule 903(b) or Rule 904(b) of Regulation S
under the Securities Act and (iii) the transaction is not part of a plan or scheme to evade the
registration requirements of the Securities Act. Upon consummation of the proposed transfer in
accordance with the terms of the Indenture, the transferred beneficial interest or Certificated
Security will be subject to the restrictions on Transfer enumerated in the Private Placement Legend
printed on the Regulation S Global Security and/or the Certificated Security and in the Indenture
and the Securities Act.

     3. o Check and complete if Transferee will take delivery of a beneficial interest in a
Certificated Security pursuant to any provision of the Securities Act other than Rule 144A or
Regulation S. The Transfer is being effected in compliance with the transfer restrictions
applicable to beneficial interests in Restricted Global Securities and Restricted Certificated
Securities and pursuant to and in accordance with the Securities Act and any applicable blue sky
securities laws of any state of the United States, and accordingly the Transferor hereby further
certifies that (check one):

     (a) o such Transfer is being effected pursuant to and in accordance with Rule 144 under
the Securities Act;

or

     (b) o such Transfer is being effected to the Company or a subsidiary thereof;

or

     (c) o such Transfer is being effected pursuant to an effective registration statement
under the Securities Act and in compliance with the prospectus delivery requirements of the
Securities Act.

     4. o Check if Transferee will take delivery of a beneficial interest in an Unrestricted Global
Security or of an Unrestricted Certificated Security.

     (a) o Check if Transfer is pursuant to Rule 144. (i) The Transfer is being effected
pursuant to and in accordance with Rule 144 under the Securities

B-2

 

Act and in compliance with the transfer restrictions contained in the Indenture and any
applicable blue sky securities laws of any state of the United States and (ii) the
restrictions on transfer contained in the Indenture and the Private Placement Legend are not
required in order to maintain compliance with the Securities Act. Upon consummation of the
proposed Transfer in accordance with the terms of the Indenture, the transferred beneficial
interest or Certificated Security will no longer be subject to the restrictions on transfer
enumerated in the Private Placement Legend printed on the Restricted Global Securities, on
Restricted Certificated Securities and in the Indenture.

     (b) o Check if Transfer is Pursuant to Regulation S. (i) The Transfer is being effected
pursuant to and in accordance with Rule 903 or Rule 904 under the Securities Act and in
compliance with the transfer restrictions contained in the Indenture and any applicable blue
sky securities laws of any state of the United States and (ii) the restrictions on transfer
contained in the Indenture and the Private Placement Legend are not required in order to
maintain compliance with the Securities Act. Upon consummation of the proposed Transfer in
accordance with the terms of the Indenture, the transferred beneficial interest or
Certificated Security will no longer be subject to the restrictions on transfer enumerated
in the Private Placement Legend printed on the Restricted Global Securities, on Restricted
Certificated Securities and in the Indenture.

     (c) o Check if Transfer is Pursuant to Other Exemption. (i) The Transfer is being
effected pursuant to and in compliance with an exemption from the registration requirements
of the Securities Act other than Rule 144, Rule 903 or Rule 904 and in compliance with the
transfer restrictions contained in the Indenture and any applicable blue sky securities laws
of any State of the United States and (ii) the restrictions on transfer contained in the
Indenture and the Private Placement Legend are not required in order to maintain compliance
with the Securities Act. Upon consummation of the proposed Transfer in accordance with the
terms of the Indenture, the transferred beneficial interest or Certificated Security will
not be subject to the restrictions on transfer enumerated in the Private Placement Legend
printed on the Restricted Global Securities or Restricted Certificated Securities and in the
Indenture.

     This certificate and the statements contained herein are made for your benefit and the benefit
of the Company.

	 	 	 	 	 
	 

	 	 

[Insert Name of Transferor]
	 	 

B-3

 

	 	 	 	 	 
	 	 	 
	 	By:  	
 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

Dated:                     

B-4

 

ANNEX A TO CERTIFICATE OF TRANSFER

	1.	 	The Transferor owns and proposes to transfer the following:

[CHECK ONE OF (a) OR (b)]

	 	 	 	 	 	 	 	 	 
	 

	 	(a)
	 	 	 	o
	 	a beneficial interest in the:
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	(i)
	 	o
	 	144A Global Security (CUSIP                                         ), or
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	(ii)
	 	o
	 	Regulation S Global Security (CUSIP                     );
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	or	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	(b)
	 	 	 	o
	 	a Restricted Certificated Security.

	2.	 	After the Transfer the Transferee will hold:

[CHECK ONE]

	 	 	 	 	 	 	 	 	 
	 

	 	(a)
	 	 	 	o
	 	a beneficial interest in the:
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	(i)
	 	o
	 	144A Global Security (CUSIP                                         ),
	 
	 	 	 	 	 	 	 	 
	 

	 	or	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	(ii)
	 	o
	 	Regulation S Global Security (CUSIP                     ),
	 
	 	 	 	 	 	 	 	 
	 

	 	or,	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	(iii)
	 	o
	 	Unrestricted Global Security (CUSIP                     );
	 
	 	 	 	 	 	 	 	 
	 

	 	or	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	(b)
	 	 	 	o
	 	a Restricted Certificated Security; or
	 
	 	 	 	 	 	 	 	 
	 

	 	(c)
	 	 	 	o
	 	an Unrestricted Certificated Security,
	 
	 	 	 	 	 	 	 	 
	 	 	in accordance with the terms of the Indenture.

B-5

 

EXHIBIT C

FORM OF CERTIFICATE OF EXCHANGE

Republic Services, Inc.

18500 North Allied Way

Phoenix, Arizona 85054

     Re:      5.00% Notes due 2020

(CUSIP:                     )

     Reference is hereby made to the Indenture, dated as of November 25, 2009 and Second
Supplemental Indenture, dated as of March 4, 2010 (collectively, the “Indenture”), among Republic
Services, Inc., as issuer (the “Company”), the guarantors named therein and U.S. Bank National
Association, as trustee. Capitalized terms used but not defined herein shall have the meanings
given to them in the Indenture.

                                             , (the “Owner”) owns and proposes to exchange the
Securities[s] or interest in such Securities[s] specified herein, in the principal amount of $   in such Securities[s] or interests (the “Exchange”). In
connection with the Exchange, the Owner hereby certifies that:

     1. Exchange of Restricted Certificated Securities or Beneficial Interests in a Restricted
Global Security for Unrestricted Certificated Securities or Beneficial Interests in an Unrestricted
Global Security

     (a) o Check if Exchange is from beneficial interest in a Restricted Global Security to
beneficial interest in an Unrestricted Global Security. In connection with the Exchange of the
Owner’s beneficial interest in a Restricted Global Security for a beneficial interest in an
Unrestricted Global Security in an equal principal amount, the Owner hereby certifies (i) the
beneficial interest is being acquired for the Owner’s own account without transfer, (ii) such
Exchange has been effected in compliance with the transfer restrictions applicable to the Global
Securities and pursuant to and in accordance with the United States Securities Act of 1933, as
amended (the “Securities Act”), (iii) the restrictions on transfer contained in the Indenture and
the Private Placement Legend are not required in order to maintain compliance with the Securities
Act and (iv) the beneficial interest in an Unrestricted Global Security is being acquired in
compliance with any applicable blue sky securities laws of any state of the United States.

C-1

 

     (b) o Check if Exchange is from beneficial interest in a Restricted Global Security to
Unrestricted Certificated Security. In connection with the Exchange of the Owner’s beneficial
interest in a Restricted Global Security for an Unrestricted Certificated Security, the Owner
hereby certifies (i) the Certificated Security is being acquired for the Owner’s own account
without transfer, (ii) such Exchange has been effected in compliance with the transfer restrictions
applicable to the Restricted Global Securities and pursuant to and in accordance with the
Securities Act, (iii) the restrictions on transfer contained in the Indenture and the Private
Placement Legend are not required in order to maintain compliance with the Securities Act and (iv)
the Certificated Security is being acquired in compliance with any applicable blue sky securities
laws of any state of the United States.

     (c) o Check if Exchange is from Restricted Certificated Security to beneficial interest in an
Unrestricted Global Security. In connection with the Owner’s Exchange of a Restricted Certificated
Security for a beneficial interest in an Unrestricted Global Security, the Owner hereby certifies
(i) the beneficial interest is being acquired for the Owner’s own account without transfer, (ii)
such Exchange has been effected in compliance with the transfer restrictions applicable to
Restricted Certificated Securities and pursuant to and in accordance with the Securities Act, (iii)
the restrictions on transfer contained in the Indenture and the Private Placement Legend are not
required in order to maintain compliance with the Securities Act and (iv) the beneficial interest
is being acquired in compliance with any applicable blue sky securities laws of any state of the
United States.

     (d) o Check if Exchange is from Restricted Certificated Security to Unrestricted Certificated
Security. In connection with the Owner’s Exchange of a Restricted Certificated Security for an
Unrestricted Certificated Security, the Owner hereby certifies (i) the Unrestricted Certificated
Security is being acquired for the Owner’s own account without transfer, (ii) such Exchange has
been effected in compliance with the transfer restrictions applicable to Restricted Certificated
Securities and pursuant to and in accordance with the Securities Act, (iii) the restrictions on
transfer contained in the Indenture and the Private Placement Legend are not required in order to
maintain compliance with the Securities Act and (iv) the Unrestricted Certificated Security is
being acquired in compliance with any applicable blue sky securities laws of any state of the
United States.

     2. Exchange of Restricted Certificated Securities or Beneficial Interests in Restricted Global
Securities for Restricted Certificated Securities or Beneficial Interests in Restricted Global
Securities

     (a) o Check if Exchange is from beneficial interest in a Restricted Global Security to
Restricted Certificated Security. In connection with the Exchange
of the Owner’s beneficial interest in a Restricted Global Security for a Restricted

C-2

 

Certificated Security with an equal principal amount, the Owner hereby certifies that the
Restricted Certificated Security is being acquired for the Owner’s own account without transfer.
Upon consummation of the proposed Exchange in accordance with the terms of the Indenture, the
Restricted Certificated Security issued will continue to be subject to the restrictions on transfer
enumerated in the Private Placement Legend printed on the Restricted Certificated Security and in
the Indenture and the Securities Act.

     (b) Check if Exchange is from Restricted Certificated Security to beneficial interest in a
Restricted Global Security. In connection with the Exchange of the Owner’s Restricted Certificated
Security for a beneficial interest in the [CHECK ONE] o 144A Global Security, o Regulation S Global
Security with an equal principal amount, the Owner hereby certifies (i) the beneficial interest is
being acquired for the Owner’s own account without transfer and (ii) such Exchange has been
effected in compliance with the transfer restrictions applicable to the Restricted Global
Securities and pursuant to and in accordance with the Securities Act, and in compliance with any
applicable blue sky securities laws of any state of the United States. Upon consummation of the
proposed Exchange in accordance with the terms of the Indenture, the beneficial interest issued
will be subject to the restrictions on transfer enumerated in the Private Placement Legend printed
on the relevant Restricted Global Security and in the Indenture and the Securities Act.

     This certificate and the statements contained herein are made for your benefit and the benefit
of the Company.

	 	 	 	 	 
	 

	 	 

[Insert Name of Transferor]
	 	 

	 	 	 	 	 
	 	 	 
	 	By:  	
 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

Dated:                                         

C-3

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