Document:

EX-4.3

 Exhibit 4.3 
 MARATHON PETROLEUM 
 THRIFT PLAN 

Plan is effective July 1, 2011 

 Table of Contents 

 

							
	 I.
	 	Purpose	  	 	1	  
	 II.
	 	Eligibility	  	 	1	  
	 III.
	 	Joining the Plan	  	 	3	  
	 IV.
	 	Classes of Membership	  	 	4	  
	 V.
	 	Member Contributions	  	 	6	  
	 VI.
	 	Company Contributions	  	 	12	  
	 VII.
	 	Maximum Contributions Limitation	  	 	13	  
	 VIII.
	 	Accounting and Investment of Funds	  	 	15	  
	 IX.
	 	Transfers	  	 	17	  
	 X.
	 	Stock Options, Rights or Warrants	  	 	18	  
	 XI.
	 	Vesting	  	 	18	  
	 XII.
	 	Change of Control Provisions	  	 	21	  
	 XIII.
	 	In-Service Withdrawals	  	 	22	  
	 XIV.
	 	Withdrawals After Separation From Service	  	 	26	  
	 XV.
	 	Settlement Options	  	 	30	  
	 XVI.
	 	Beneficiary	  	 	34	  
	 XVII.
	 	Loans and Assignability	  	 	35	  
	 XVIII.
	 	Trustee	  	 	36	  
	 XIX.
	 	Plan Year	  	 	37	  
	 XX.
	 	Claims Procedures	  	 	37	  
	 XXI.
	 	Administration of the Plan	  	 	37	  
	 XXII.
	 	Participation by Other Employers and Employees	  	 	40	  
	 XXIII.
	 	Rollover Contributions or Direct-Plan Transfer Contributions	  	 	40	  
	 XXIV.
	 	Top-Heavy Provisions	  	 	41	  
	 XXV.
	 	Modification and Termination	  	 	41	  
	 XXVI.
	 	Effective Date of the Plan	  	 	43	  
	 APPENDIX A: PURPOSE AND DEFINITIONS
	  	 	1	  
	 APPENDIX B: SERVICE WITH ACQUIRED COMPANIES
	  	 	1	  
	 APPENDIX C: INVESTMENT OPTIONS
	  	 	1	  
	 APPENDIX D: MUTUAL FUND WITHDRAWAL ORDER
	  	 	1	  
	 APPENDIX E: MINIMUM DISTRIBUTION REQUIREMENTS
	  	 	3	  
	 APPENDIX F: RULES GOVERNING THE MAKING OF INDIVIDUAL ACCOUNT LOANS
	  	 	1	  

 THRIFT PLAN 

 

	I.	Purpose 

 The purpose of
the Marathon Petroleum Thrift Plan (the “Plan”) is to assist employees in maintaining a steady program of savings, in supplementing their retirement income and in meeting their financial emergencies. 

 

	II.	Eligibility 

 Effective
July 1, 2011, any employee of Marathon Petroleum Company LP (the “Company”, or “MPC”) or a participating employer is eligible to become a member of the Thrift Plan provided the employee: 

 

	 	A.	Is a Regular employee, 

  

	 	B.	Is at least age 21 and has completed one year of vesting service, and 

  

	 	C.	Is a member of the Marathon Petroleum Retirement Plan. 

 Regular and Casual employees must be specifically designated as such by the Company to be eligible to participate in the Plan. Common law employees who have not been designated by the Company as Regular
or Casual employees are excluded from eligibility to participate in the Plan. Specifically excluded from eligibility to participate in the Plan is any individual who has signed an agreement, or has otherwise agreed to provide services to the Company
or another member of the Controlled Group as an independent contractor, regardless of the tax or other legal consequences of such an arrangement. Also, specifically excluded is any leased employee compensated through a leasing entity, whether or not
the leased employee falls within the definition of “leased employee” as defined in Section 414(n) of the Internal Revenue Code of 1986 (the “Code”). All references to the Code in the Plan shall mean the Code as amended and
including applicable Treasury Regulations promulgated thereunder. 
 There are two types of employees eligible to participate in
the Plan: Regular employees (Regular Full-time and Regular Part-time), and Casual employees. A Regular employee is an employee who is employed to work on a full-time or part-time basis and not on a time, special job completion, or call-when-needed
basis. Regular Full-time means the employee has a normal work schedule of at least 40 hours per week, or at least 80 hours on a bi-weekly basis. 
 Regular Part-time means the employee is a non-supervisory employee employed to work on a part-time basis (minimum of 20 hours but less than 35 hours per week) and not on a time, special job completion, or
call when needed basis. 
 A Casual employee is employed to work on a time, special job completion, or call-when-needed basis. A
Casual employee who has been compensated or is entitled to be compensated by a 

  
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participating employer and/or a member of the Controlled Group for 1,000 hours or more in a “service year” shall then be deemed to be a Regular employee for purposes of eligibility to
participate in this Plan. 
 “Controlled Group” means Marathon Petroleum Corporation (“MPC”) and any other
corporation, trust or estate, or partnership in which MPC owns, either directly or indirectly, at least 80% of either the voting stock, the total value of shares of all classes of stock, the actuarial interest, the profits interest, capital
interest, or beneficial interest. 
 A “service year” consists of the 12-month period immediately following the day an
employee first performs an hour of service and each anniversary thereafter. 
 If a member terminates employment and is
subsequently reemployed by a participating employer, membership in the Plan may commence on the first day of such reemployment. 

Effective January 1, 1999 to January 1, 2000, the requirement of Retirement Plan membership for Thrift Plan participation is
modified such that, the Retirement Plan’s age 21 and one year service requirement for eligibility would not prohibit an otherwise eligible employee for Thrift Plan participation from enrolling in the Plan. 

Employees who commence employment on or after January 1, 2000 are prohibited from participation (Plan membership), until they are at
least age 21 and have a minimum of one year of vesting service. The period prior to an employee’s attainment of age 21 and completion of one year of Vesting Service is referred to as the “waiting period”. Employees who have not
completed the waiting period are, however, immediately eligible as described below to make rollover contributions. The waiting period is defined to include a minimum of 1,000 Hours of Service in a “service year”. “Hours of
Service” means the hours for which an employee is directly or indirectly paid, or entitled to payment, by a participating employer or a member of the Controlled Group for performing duties during the applicable service year and for reasons
other than performance of duties, including each hour for which back pay, irrespective of mitigation of damages, has either been awarded or agreed to by the employer, such hours to be credited and calculated in accordance with Department of Labor
Reg. Sec. 2530.200b-2. No more than 501 Hours of Service will be credited to an employee on account of any single continuous period in which they perform no duties. Each hour shall be credited to the employee for the service year in which they
performed the duties, regardless of when payment is made or due. Following the first “service year” the 1,000 hours of service determination will be based on a “Plan Year” as defined in Article XIX. Entry into the Plan will take
place on the first of the month coincident with or next following the later of (1) the applicable “service year” or “Plan Year” in which the 1,000 hours of service are satisfied or, (2) the attainment of age 21. Waiting
period time will not be 

  
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forfeited for any employee who terminates employment with a participating employer or transfers within the Controlled Group. For a transferred employee to a participating employer from a
Controlled Group employer that is not a participating employer in this Plan, the waiting period as defined above will include eligible service within the Controlled Group. 
 Effective January 1, 1998: 
 The Marathon Petroleum Thrift Plan will recognize
a new hire’s previous Speedway LLC vesting service back to January 1, 1998, for purposes of eligibility and vesting. 

The Marathon Petroleum Thrift Plan will recognize previous Marathon Petroleum Company LP vesting service for purposes of eligibility and
vesting. 
 For new hires with service with an employer of the Controlled Group, other than described above, vesting service will
be recognized for eligibility and vesting as presently defined in the Plan. For hires to MPC with service with an employer of the controlled group of Marathon Oil Corporation, their service with an employer of the controlled group of Marathon Oil
Corporation through the Distribution Date, will count for vesting and eligibility under the Thrift Plan. For hires to MPC with service with an employer of the controlled group of Marathon Oil Corporation, their service with an employer of the
controlled group of Marathon Oil Corporation after the Distribution Date will not count for vesting and eligibility under the Thrift Plan. For Delayed Transfer Employees, as defined in the Employee Matters Agreement, their service through the date
of transfer will count for vesting and eligibility under the Thrift Plan. 
 For any new hires (non-transferees) to any
participating employer with previous employment with USX Corporation (“USX”) and its wholly-owned subsidiaries, their service between March 11, 1982 and the December 31, 2001 effective date of the United States Steel Corporation
(“U.S. Steel”) spin-off from USX will count for vesting and eligibility purposes. For these non-transferees, service with U.S. Steel on or after the December 31, 2001 effective date of the spin-off will not count for vesting and
eligibility purposes under the Thrift Plan. 
 Notwithstanding any provision of this Plan to the contrary, contributions,
benefits and service credit with respect to qualified military service will be provided in accordance with Code Section 414(u). 
  

	III.	Joining the Plan 

Membership in the Plan is entirely voluntary, and an employee may commence membership on the first of the month coincident with or next
following the day they meet the eligibility requirements of Article II. 

  
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	IV.	Classes of Membership 

The manner in which a member is permitted to direct their account(s) depends on the class of membership to which the member belongs.
These classes of membership are: 
  

	 	A.	Active Member: An eligible employee of Marathon Petroleum Company LP or another participating employer is an Active Member for any period during which the
employee is receiving pay and has elected to make contributions to the Plan. 

  

	 	B.	Member with Account(s) in Suspense: A member who transfers at the request of their employer to a nonparticipating employer within the Controlled Group, who is on
a leave of absence approved by the applicable employing member of the Controlled Group, or who has voluntarily suspended member contributions will have their account(s) held in suspense. Effective January 1, 1993, a Deferred Member who is
subsequently rehired by a non-participating member of the Controlled Group will be considered a Member with Account(s) in Suspense. A member who transferred at the request of their employer to a nonparticipating employer within the Controlled Group
before July 1, 2011 and whose balance under the Marathon Oil Company Thrift Plan was transferred to this Thrift Plan in connection with the spin-off of the Marathon Petroleum Corporation from Marathon Oil Corporation is also a Member with
Account(s) in Suspense. 

 For each calendar year or years after January 1, 1994, any member who is a highly
compensated employee, as defined in Code Section 414(q) and is a “substantial service employee”, as defined in regulations under Code Section 414(r), with respect to EMRO Marketing Company or its successor Speedway LLC or its
subsidiaries, will be classified as a Member with Account(s) in Suspense. 
 Effective as of January 1, 2006, the
definition of Member with Account(s) in Suspense includes an employee who was an Active Member but whose status is changed from a common law employee to a leased employee (as defined in Code Section 414(n)(3)(A) and (B) of a participating
employer and/or a member of the Controlled Group. 
 Effective May 7, 1999, the definition of Member with Account(s) in
Suspense includes all Scurlock Permian employees who on the closing date of the sale of Scurlock Permian (May 18, 1999) continue in employment with Scurlock Permian, the purchasing company or any affiliated company. 

Former employees of participating employers in the Controlled Group who remain with an Affiliated Employer following the
December 31, 2001 effective date of the U.S. Steel spin-off from USX, and any employee who transfers from a participating employer in the Controlled Group to an Affiliated Employer in the future, may make a direct plan transfer of their Thrift

  
 4 

 
account(s) into any other tax qualified plan as permitted under the law or at their option take a complete withdrawal under the same provisions applicable to any termination of employment.

 Former Marathon Petroleum Company LP employees who were included in the Minnesota Refining Division asset sale to Northern
Tier Energy (“NTE”) may make a direct plan transfer of their Thrift account(s) into the NTE tax qualified savings plan administered by Fidelity Investments. 
  

	 	C.	Retired Member: Any member who retires, regardless of age, from a member of the Controlled Group, or who terminates employment from a member of the Controlled
Group on or after age 50, with a vested Thrift account(s), is a Retired Member for purposes of this Plan until the entire balance of the member’s account(s) is distributed. A member who retired prior to July 1, 2011 from a member of the
controlled group of Marathon Oil Corporation and whose balance under the Marathon Oil Company Thrift Plan was transferred to this Thrift Plan in connection with the spin-off of Marathon Petroleum Corporation from Marathon Oil Corporation is also a
Retired Member. A Retired Member with a vested Thrift Plan balance of $5,000 or less may maintain an open Thrift account(s) until no later than 60 days after their retirement date. 

 

	 	D.	Non-employee Member: Non-employee Members include the following membership types: 

 

	 	1.	Deferred Member - A Deferred Member is any non-vested member who terminates employment or any vested member under the age of 50 who terminates employment from a member
of the Controlled Group and maintains an open Thrift account. Deferred Members who have a vested Thrift Plan balance of $5,000 or less may maintain open Thrift accounts until no later than 60 days after their date of termination of employment. All
other Deferred Members may maintain open Thrift accounts as described below. A member who terminated employment prior to July 1, 2011 from a member of the controlled group of Marathon Oil Corporation and whose balance under the Marathon Oil
Company Thrift Plan was transferred to this Thrift Plan in connection with the spin-off of Marathon Petroleum Corporation from Marathon Oil Corporation is also a Deferred Member. 

 

	 	2.	 Spouse Beneficiary Member - A Spouse Beneficiary Member is a beneficiary who was the spouse of an Active Member, Retired Member or a Member with
Account(s) in Suspense at the time of such member’s death. An eligible spouse who has a Thrift Plan balance of $5,000 or less may defer final settlement of their Thrift account(s) until no later than 60 days after the close of the Plan Year
during which they became a Spouse Beneficiary Member. All other Spouse Beneficiary Members may maintain open Thrift 

  
 5 

	 	 
accounts for their lifetime, subject to the minimum distribution requirements of Code Section 401(a)(9). 

 

	 	3.	Beneficiary Member - Beneficiaries, including beneficiaries of Spouse Beneficiary Members (designated by the member or provided under the terms of this Plan), who have
a Thrift Plan balance of $5,000 or less may defer final settlement of their account(s) until no later than 60 days after the close of the Plan Year during which they became a Beneficiary Member. All other Beneficiary Members may maintain open Thrift
accounts until no later than the fifth anniversary of the date of the member’s death, subject to the minimum distribution requirements of Code Section 401(a)(9). 

 

	 	4.	Alternate Payee Member - An Alternate Payee Member is an individual who has become a member as the result of a Qualified Domestic Relations Order. An Alternate Payee
Member with a Thrift Plan balance of $5,000 or less may maintain an open Thrift account(s) until no later than 60 days after becoming such a member. 

Deferred Members and Alternate Payee Members, provided they have a vested Thrift Plan balance in excess of $5,000,
may maintain open Thrift accounts until no later than the April 1 immediately following the calendar year in which such members attain age 70
 1/2. Spouse Beneficiary Members with a vested
Thrift Plan balance in excess of $5,000, may maintain open Thrift accounts for their lifetimes, subject to the minimum distribution requirements of Code Section 401(a)(9). 

In addition, if the deceased member had begun distribution of their Thrift account(s) prior to death and was at least
age 70  1/2, the remaining portion of their
account(s) must be distributed to the Spouse Beneficiary Member or Beneficiary Member at least as rapidly as required under Code Section 401(a)(9) and the regulations thereunder. 

For purposes of this Plan text, the word “member,” unless otherwise described, shall mean Active Members, Members with
Account(s) in Suspense, Retired Members, and Non-employee Members. 
 Also for purposes of this Plan text, the term “party
in interest” shall have the meaning given to that term by the Employee Retirement Income Security Act of 1974, as amended (“ERISA”). 
  

	V.	Member Contributions 

Member contributions and earnings thereon are nonforfeitable. A member may elect to change the rate of their contributions or to
voluntarily suspend or resume their contributions at any time with each change becoming effective as soon as administratively possible after the Thrift Plan has been notified of the change by the recordkeeper. 

  
 6 

 The total amount of the contributions shall be transferred to the Trustee and credited to
the member’s account(s) as soon as practicable. 
 Members may make the following types of contributions to the Plan:

  

	 	A.	Pre-Tax Contributions - Each Active Member may elect to make Pre-Tax Contributions on a pre-tax basis of from 1% to 25% of gross pay. This election may be
changed at any time, including automatically through a member’s election to participate in the Automatic Increase Program as specified in Article V.F. below. 

Pre-Tax Contributions are subject to the provisions of Code Section 401(k). Highly Compensated Employees (as defined in Code
Section 414(q)) are limited to a maximum of 12% in Pre-tax contributions. 
 Effective January 1, 1987, Pre-Tax
Contributions may not exceed a maximum annual dollar limit pursuant to Code Section 402(g), as adjusted from time to time in accordance with the law. 
  

	 	B.	After-Tax Contributions - Active Members may elect to contribute from 1% to 18% of gross pay as After-Tax Contributions. This election may be changed at any
time, including automatically through a member’s election to participate in the Automatic Increase Program as specified in Article V.F. below. After-Tax Contributions are subject to the provisions of Code Section 401(m).

  

	 	C.	Roth Deferral Contributions - Each active Member may elect to make Roth Deferral Contribution from 1% to 25% of gross pay. This election may be changed at any
time. Pre-Tax contributions and Roth Deferral Contributions combine cannot exceed 25% of gross pay (12% if a highly compensated employee). Also, the dollar amount of Pre-Tax and Roth Deferral Contributions combined may not exceed the maximum annual
dollar limit pursuant to Code Section 402(g). See Appendix G for more details. 

  

	 	D.	Rollover Contributions or Direct Plan Transfer Contributions - Active Members, Members with Account(s) in Suspense, and Retired Members may make Rollover
Contributions or Direct-Plan Transfer Contributions of qualified distributions from any tax-qualified plan or any conduit IRA. However, Roth Rollover Contributions will only be accepted from another tax-qualified plan. The Plan will not accept
Rollover Contributions or Direct-Plan Transfer Contributions from a Code Section 403(a) plan or a non-conduit IRA. 

 Deferred Members and prior Deferred Members may also make Rollover Contributions, (but not Direct-Plan Transfer Contributions), from any of the above. 

Individuals who are eligible to become Active Members, but have elected not to contribute to

  
 7 

 
the Plan or have previously elected to withdraw their entire account balance are permitted to make rollover contributions to the Plan. The Plan may also accept Rollover Contributions from prior
Members with Account(s) in Suspense and Retired Members who previously closed their Plan Account(s). 
 Subject to Plan
Administrator approval, Spouse Beneficiary Members have the right to rollover distributions from qualified retirement plans sponsored by any employer whereby the Thrift Plan has recognized vesting time for previous service of the deceased member.
This right is limited solely to Spouse Beneficiary Members as permitted by applicable laws and regulations. 
 Effective
January 1, 2000, Rollover Contributions will be permitted from newly hired employees who would otherwise be eligible but who have not yet met the Thrift Plan’s requirements for membership. These new employees are allowed into the Plan as
non-members solely for the purposes of making Rollover Contributions from eligible retirement plans, and changing investment options. A new employee, whether or not they would otherwise be a member of the Plan, may contribute a Rollover Contribution
to the Trust by delivery of such contribution to the Trustee; provided that such employee submits written certification that such contribution qualifies as a Rollover Contribution. No other types of contributions are permitted by new employees until
all eligibility requirements are satisfied under the terms of the Plan. 
 All such Rollover Contributions or Direct-Plan
Transfer Contributions will be subject to the terms and guidelines as set forth by the Plan Administrator and may be made in lump sum cash, Marathon Petroleum Corporation Common Stock, Marathon Oil Corporation Common Stock and/or shares of eligible
investment companies. 
 Rollover Contributions must be made by the member within 60 days after the member has received their
distribution from the applicable eligible retirement plan. 
  

	 	E.	Limitation on Member Contributions 

 Subject to adjustments by the Plan Administrator to comply with the provisions of Code Section 401(k) and Code Section 401(m), an Active Member may make Pre-Tax Contributions, Roth Deferral
Contributions and After-Tax Contributions as specified in Article V.A., V.B. and V.C. above. 
 Excess Pre-Tax Contributions,
excess Roth Deferral Contributions, including any contributions to this Plan, or any other qualified plan maintained by an employer in the Controlled Group, that exceed the limit under Code Section 402(g), or excess After-Tax Contributions will
not be permitted and, subject to appropriate adjustment for any gains or 

  
 8 

 
losses, will be returned to the affected member if they cannot be reallocated under one plan provided, however, that effective for Plan Years after 2007, no adjustment shall be made for gains or
losses from the end of the Plan Year in which the excess Pre-Tax Contributions, Roth Deferral Contributions or After-Tax Contributions were contributed through the date of distribution of such excess Pre-Tax Contributions, Roth Deferral
Contributions or After-Tax Contributions. Any references in this plan to the amount of excess Pre-Tax Contributions, Roth Deferral Contributions or After-Tax Contributions that are to be reallocated and/or distributed pursuant to this paragraph
shall be interpreted to include the appropriate adjustment for gains and losses described above. 
 Any excess Pre-Tax
Contributions and excess Roth Deferral Contributions will not be permitted and will first be transferred to the After-Tax Account, up to the limit specified in V.B. with any remaining balance to be included in the member’s paycheck. If it is
not possible to return such excess to the member’s After-Tax Account or the member’s paycheck, a separate check in the amount of the excess, subject to appropriate adjustment for any gains or losses, will be issued to the affected member
as permitted under the law; provided, however, that effective for Plan Years after 2007, no adjustment shall be made for gains or losses from the end of the Plan Year in which the excess contributions were contributed through the date of
distribution of such excess contributions. 
 Pre-Tax Contributions and Roth Deferral Contributions must satisfy the Actual
Deferral Percentage (“ADP”) test of Code Section 401(k), which is incorporated herein by reference. Effective January 1, 1987, After-Tax Contributions when combined with Company Contributions must satisfy the Actual Contribution
Percentage (“ACP”) test of Code Section 401(m), which is incorporated herein by reference. The Plan elects to use the current year testing method for the ADP and ACP tests. Effective for Plan Years beginning after December 31,
2001, the multiple use test of Treasury Regulation Section 1.401(m)-2 shall not apply. 
 In the event that the ADP test is
not satisfied, excess Pre-Tax contributions or excess Roth Deferral Contributions shall be distributed no later than the end of the Plan Year following the Plan Year in which the failure occurred. Excess Pre-Tax Contribution and excess Roth Deferral
Contribution amounts shall be determined by ranking all highly compensated employees in descending order based on the amount of the sum of their Pre-Tax Contributions plus their Roth Deferral Contributions. Pre-Tax Contributions, or to the extent
that sufficient Pre-Tax Contributions are not available, Roth Deferral Contributions of the highly compensated employee with the highest dollar amount of Pre-Tax Contributions plus Roth Deferral Contributions shall be reduced until the amount is
equal to the sum of Pre-Tax 

  
 9 

 
Contributions plus Roth Deferral Contributions of the highly compensated employee with the next highest dollar amount. This procedure is repeated until all excess Pre-Tax Contributions and excess
Roth Deferral Contributions are identified and distributed from the Plan. In the event that more than one highly compensated employee has the same dollar amount of Pre-Tax Contributions plus Roth Deferral Contributions, then all shall have their
Pre-Tax Contributions, or to the extent sufficient Pre-Tax Contributions are not available Roth Deferral Contributions, reduced equally. The procedure for eliminating excess contributions related to the ACP test is discussed in Article VI.

 “Highly compensated employee” means an employee who was a 5% owner, as that term is defined in Code
Section 416(i), either during the current Plan Year or the prior Plan Year. An employee is also a highly compensated employee if he or she had compensation in excess of $80,000 for the prior Plan Year. The $80,000 threshold shall be adjusted by
the Secretary, pursuant to Section Code 415(d). For purposes of this definition, “compensation” means compensation as defined in Section 415(c)(3) of the Code. 
 “Gross pay” as used herein shall include pay for hours worked, pay for allowed hours, bonuses, Pay prior to military pay offset while on military leave, the special general asset payments made
to new hires upon completion of one year of service (equal to 7% of compensation), the Marathon Petroleum Company LP Success Through People (STP) payouts, and other annual incentive compensation programs as may be established by Marathon Petroleum
Company LP and other participating employers from time to time; however, bonuses, STP payouts, and other annual incentive compensation payouts paid after a member retires or terminates, signing bonuses, signing payments made on or after
March 24, 2005, as a result of the collective bargaining process, travel pay or other similar special payments shall be excluded. Non-cash awards are also excluded from gross pay. Effective for military pay received on or after
December 20, 2002, company pay prior to any offset for military pay while on military leave is included as gross pay for purposes of calculating employee contributions and the company match under the Thrift Plan. Effective May 1993, gross pay
expressly excludes overseas premiums, temporary hardship allowances, and any other location premiums. Effective April 6, 2005, gross pay expressly excludes signing payments made as a result of the collective bargaining process. Effective
January 1, 2006, gross pay expressly excludes signing bonuses. For purposes of this Plan, the amount of a member’s gross pay shall be calculated so as to include any amount of Pre-Tax contributions made by the member; any contributions
made to the Contribution Conversion Plan (“CCP”) effective April 1, 1990, and effective January 1, 1997, any contributions to Health Care Spending Accounts and Dependent Care Spending Accounts. Effective January 1, 2011,
lump sum vacation payments are excluded from the definition of 

  
 10 

 
Gross Pay for terminations of employment or vacation payments made to active employees. Effective January 1, 1987, the maximum annual compensation recognized by the Plan for a member may not
exceed the amount set forth under Code Section 401(a)(17), as adjusted from time to time in accordance with the law. Effective for Plan Years beginning after December 31, 1988 and before January 1, 1994, the Plan shall not take into
consideration gross pay to the extent it exceeds $200,000 (as indexed under Code Section 415(d)). Effective for Plan Years beginning after January 1, 1994 and before January 1, 2002, the Plan shall not take into consideration gross
pay to the extent it exceeds $150,000 (as indexed under Code Section 415(d)). Effective for Plan Years beginning after December 31, 2001, the Plan shall not take into consideration gross pay to the extent it exceeds $200,000 (as indexed
under Code Section 415(d)). Gross pay means gross pay during the Plan Year or such other consecutive 12-month period over which gross pay is otherwise determined under the Plan (the “determination period”). Any adjustment in
accordance with the law in effect for a calendar year applies to gross pay for the determination period that begins with or within such calendar year. 
  

	 	F.	Automatic Increase Program - Active Members may elect to enroll in a program that will automatically increase their rate of contributions on an annual basis. A
member choosing to participate in the program must elect an increase amount, in whole percentages of gross pay only, and a date on which the increase is to be applied each year (for example, increase member contributions by 2% of gross pay each
April 1). Subject to the Plan and statutory limits specified above, the increase will be applied to the member’s Pre-Tax election to the extent possible and then to the member’s After-Tax election. A member may voluntarily terminate
their participation in this program at any time. All changes are effective as soon as administratively possible after the Thrift Plan has been notified of the change by the Recordkeeper. 

 

	 	G.	Catch-Up Contributions 

All employees who are eligible to make Pre-Tax Contributions under this Plan and who have attained age 50 before the close of the Plan
Year shall be eligible to make catch-up contributions in accordance with, and subject to the limitations of, Code Section 414(v). Such catch-up contributions shall not be taken into account for purposes of the provisions of the plan
implementing the required limitations of Code Sections 402(g) and 415. The Plan shall not be treated as failing to satisfy the provisions of the Plan implementing the requirements of Code Sections 401(a)(4), 401(k)(3), 401(k)(11), 401(k)(12),
410(b), or 416, as applicable, by reason of the making of such catch-up contributions. 
 Eligible members may elect to make
catch-up contributions of from 1% to 20% of gross pay 

  
 11 

 
received from October 1, 2002 through December 31, 2003, subject to the provisions of Code Section 414(v). Eligible members may elect to make catch-up contributions of from 1% to
50% of gross pay received on or after January 1, 2004, subject to the provisions of Code Section 414(v). Prior to October 1, 2006, catch-up contributions shall be permitted only for a member who has elected to make Pre-Tax
contributions of at least 6%, unless that member has already contributed the maximum allowable pursuant Code Section 402(g). Effective for pay received on and after October 1, 2006, catch-up contributions shall be permitted only for a
member who has elected to make Pre-Tax contributions of at least 7%, unless that member has already contributed the maximum allowable pursuant Code Section 402(g). Effective March 1, 2011, members must specify whether their catch-up
contributions will be Pre-Tax Catch-Up Contributions or Roth Deferral Catch-Up Contributions. Catch-Up contributions may not exceed a maximum annual dollar limit pursuant to Code Section 414(v), as adjusted from time to time in accordance with
the law. 
 A participant’s catch-up contribution election will be honored only to the extent of the participant’s
available take-home pay after taxes have been withheld and other deferrals, premiums, benefit related deductibles, and court-ordered deductions have been honored. 
  

	 	H.	 Roth In Plan Conversion - a member may elect to “convert” all or a portion of their accounts within the Plan that are distributable
and eligible for rollover to a Roth Conversion account that is also within the Plan. For an Active Member not yet age 59  1/2 or disabled, accounts that are distributable and eligible for rollover generally means their vested Company Matching, Rollover and/or After-Tax accounts. Amounts converted will be
included in gross income as if distributed in the year of conversion (except for After-Tax Contributions which have previously been taxed). 

  

	VI.	Company Contributions 

Subject to adjustments by the Plan Administrator under the provisions of Code Section 401(m) , the Company will, for any given pay
period, match each member’s Pre-Tax, After-Tax, or Roth Deferral Contributions up to a maximum of 7% of gross pay received during the pay period, dollar for dollar, but only out of its accumulated earnings and profits. Effective for gross
pay received on or after October 1, 2006, the maximum Company match is increased from 6% to 7% of gross pay. The intent is that the Company match is administered on a pay-by-pay basis and not on an annualized basis. The Company will not match
Rollover Contributions, Direct-Plan Transfer Contributions, catch-up contributions or contributions made while a member has been suspended now or at any time in the future. 

  
 12 

 Effective January 1, 1987, Company Contributions when combined with After-Tax
Contributions must satisfy the Actual Contribution Percentage test of Code Section 401(m), which is incorporated herein by reference. The Plan elects to use the current year testing method for the ACP tests. 

In the event that the ACP test is not satisfied, any excess After-Tax employee contributions and Company Contributions (together referred
to as “ACP test contributions”) shall be distributed no later than the end of the Plan Year following the Plan Year in which the failure occurred. Excess ACP test contribution amounts shall be determined by ranking all highly compensated
employees in descending order based on the dollar amount of their ACP test contributions. ACP test contributions of the highly compensated employee with the highest dollar amount of ACP test contributions shall be reduced until the amount is equal
to the ACP test contributions of the highly compensated employee with the next highest dollar amount. This procedure is repeated until all excess ACP test contributions are identified and distributed from the Plan. In the event that more than one
highly compensated employee have the same dollar amount of ACP test contributions, then all highly compensated employees with the same dollar amount of ACP test contributions shall have their ACP test contributions reduced equally. 

Effective as of January 1, 2006, the Company may make a Supplemental Contribution for such member and in such amount as the Company
may determine for the purpose of satisfying the ADP test or the ACP test or for any other purpose. The Company shall indicate the nature of such Supplemental Contributions, and the contributions will be allocated to a separate Supplemental
Contribution Account or to a separately allocated portion of another account under Section VIII. Notwithstanding anything in the Plan to the contrary, Supplemental Contributions and other contributions not constituting elective contributions shall
be treated as elective contributions only if the requirements of Treas. Reg. Section 1.401(k)-1(c) and 1(d) are satisfied, and only if the contributions satisfy the requirements for qualified non-elective contributions, including the
requirements that the contributions not be disproportionate as provided in Treas. Reg. Section 1.401(k)-2 (a)(6)(iv). 
  

	VII.	Maximum Contributions Limitation 

 The total annual addition to a member’s Thrift account(s) for any calendar year shall not exceed the lesser of $30,000 or 25% of the member’s compensation (actually paid to the member or
includable in the member’s gross income in such year), except that such $30,000 shall be automatically increased as of January 1 of any calendar year to reflect any cost-of-living adjustment or other increase authorized by the Secretary of
the Treasury or his delegate. 
 For limitation years beginning after December 31, 2001, the annual addition that may be

  
 13 

 
contributed or allocated to a participant’s Thrift account(s) for any limitation year shall not exceed the lesser of: 
 (a) $40,000, as automatically increased as of January 1 of any calendar year to reflect any cost-of-living adjustment or other increase authorized by the Secretary of the Treasury or his delegate, or

 (b) 100% of the participant’s compensation, within the meaning of section 415(c)(3) of the Code, for the limitation year.

 The compensation limit referred to in (b) shall not apply to any contribution for medical benefits after separation from
service (within the meaning of Code Section 401(h) or Code Section 419A(f)(2)) which is otherwise treated as an annual addition. 
 For purposes of the foregoing limitation, a member’s compensation shall include the member’s wages, salaries, fees for professional service, and other amounts received for personal services
actually rendered in the course of employment with the Company or any of the members of the controlled group (including, but not limited to, commissions paid salesmen, compensation for services on the basis of a percentage of profits, commissions on
insurance premiums, tips, and bonuses) and elective deferrals under Code Sections 125, 132(f)(4), 401(k), 403(b) and 457. However, a member’s compensation shall exclude such items as employer contributions to a qualified plan of deferred
compensation, income realized from the exercise of a non-qualified stock option, income realized from the disposition of stock acquired under an incentive stock option, and reimbursed deductible moving expenses. If as a result of an error in
estimating a member’s annual compensation the annual additions to a member’s Thrift account(s) for any calendar year exceed this limit, the member’s contributions will be refunded to the extent necessary to eliminate the excess. Any
gains attributable to the refunded member’s contributions will be considered as a contribution for the limitation year in which the refunded contribution was made. 
 Effective February 5, 1999, amounts contributed in excess of the participant’s annual Code Section 415(c)(1)(A) limitation ($30,000) including applicable earnings (calculated using the
Plan’s Stable Value Fund rate) will be forfeited from the participant’s Company Matching Contributions account and placed in an unallocated suspense account. Amounts placed in the suspense account will be used immediately to reduce future
Company contributions to the Plan. No additional Company contributions may be made to the Plan until the suspense account has been depleted. 
 Notwithstanding the foregoing, the otherwise permissible annual addition for any member under this Plan may be further reduced to the extent necessary, as determined by the Plan

  
 14 

 
Administrator, to prevent disqualification of the Plan under Code Section 415, which imposes limitations on the benefits payable to members who also may be participating in another
tax-qualified pension, thrift savings, or employee stock ownership plan maintained by the Company or any of the members of the Controlled Group. Effective for limitation years on or after January 1, 2000, the combined plan limits of Code
Section 415(e) shall no longer apply. 
 For purposes of this article the term “annual addition” means the sum of:

  

	 	A.	Employer contributions (including Pre-Tax Contributions), 

  

	 	B.	All employee contributions (but excluding catch-up contributions), and 

  

	 	C.	Forfeitures. 

  

	VIII.	Accounting and Investment of Funds 

 Contributions to the Plan on or after January 1, 1987, shall be accounted for with a separate account maintained for each member to which contributions and earnings thereon will be credited so as to
provide separate accounting and allocations of gains and losses for each member relative to the following accounts: 
  

	 	A.	Pre-Tax Account - This account contains all Pre-Tax Contributions (which may include Direct-Plan Transfer Contributions from a Code Section 401(k) account)
and the related earnings. 

  

	 	B.	Pre-Tax Catch-Up Contribution Account - This account contains all Pre-Tax Catch-up Contributions made by eligible members on or after October 1, 2002, and
the related earnings. 

  

	 	C.	After-Tax Account - This account contains (1) all post-1986 After-Tax Contributions (including the tax-paid employee contribution portion of the 1987
ESOP Direct-Plan Transfer Contributions and Retroactive After-Tax Contributions made after 1986) and (2) all pre-1987 tax-paid contributions plus the related earnings. A separate subaccount of this account contains the pre-1987 tax-paid
contributions and the related earnings. 

  

	 	D.	Roth Deferral Contribution Account - This account contains Roth Deferral Contributions, which are described in Appendix G, and the related earnings.

  

	 	E.	Rollover Account - This account contains monies contributed to the Plan as the result of a rollover from another tax-qualified plan or conduit IRA and the
related earnings, except for Roth deferral amounts that have been rolled over from another tax-qualified plan. 

  

	 	F.	Company Matching Account - This account contains all Company Contributions and the related earnings. 

 

	 	G.	 Roth Catch-Up Account - This account contains all Roth Catch-Up Contributions made by

  
 15 

	 	 
eligible members and the related earnings. 

  

	 	H.	Roth Rollover Account - This account contains Roth deferral amounts that have been rolled over from another tax-qualified plan and the related earnings.

  

	 	I.	Roth In-Plan Conversion Account - This account contains amounts that have been converted pursuant to Section V.H. and the related earnings.

 For purposes of this Plan text, the terms “account” or “account(s),” unless otherwise
defined, shall mean each of the accounts listed above. 
 The rules that follow concerning the investment of funds apply to the
Pre-Tax , Pre-Tax Catch-Up, After-Tax, Rollover Accounts, Roth Deferral Contribution Account, Roth Catch-Up Account, Roth Rollover Account and Roth In-Plan Conversion Account. A member’s investment option election for the After-Tax Account
applies to both the After-Tax and the Company Matching Accounts. Monies may be invested in any active investment option in increments of 1%. 
  

	 	A.	Active Investment Options - A member may direct that amounts added to their account(s) be invested in the following active investment options: 

 

	 	•	 	 Marathon Petroleum Corporation Common Stock - Investments in Marathon Petroleum Corporation Common Stock. 

 

	 	•	 	 Eligible Investment Company Funds - Investments in eligible investment company funds are made through the purchase of their common shares. The term
“eligible investment company fund” shall mean an investment company, fund, or trust approved by the Plan Administrator and the Trustee. A list of eligible investment company funds appears as Appendix C. 

 

	 	•	 	 Stable Value Fund - Investments in the Stable Value Fund are primarily invested in “wrap contracts” issued by insurance companies and other
financial institutions and fixed income securities. It also invests in money market funds to provide daily liquidity. Wrap contracts are purchased in conjunction with an investment by the Fund in fixed income securities, which may include, but is
not limited to, U.S. Treasury and agency bonds, corporate bonds, mortgage-backed securities, commercial mortgage-backed securities, asset-backed securities, and bond funds. 

The investment options available in the plan as listed in Appendix C are structured in four distinct groups or tiers: Tier 1 - Core Funds
(designated as ERSIA Section 404(c) “Core” options), Tier 2 - Lifecycle Funds, Tier 3 - self-directed investments (brokerage accounts), and Tier 4 Funds - MPC Stock and frozen investment funds. 

 

	 	•	 	 Frozen Investment Options - A member’s account(s) may also hold amounts in certain frozen investment options, to which no additional contributions
may be directed. A list 

  
 16 

	 	 
of the frozen investment options is included in Appendix C. 

 A member may change their investment option(s) at any time with each change becoming effective as soon as administratively possible. 

Future investment elections made by a member will apply to all accounts (except rollover contributions and In-Plan conversions) a member
contributes to and will also apply to the Company Matching contributions. 
 If a member has MRO stock as an investment election
after June 30, 2011, the amounts added to their account(s) will default to MPC stock. 
 Dividends shall be invested as
follows - All dividends and interest will be directed to the option which generated such dividend and interest even if the member is no longer contributing to that option except frozen MRO stock dividends which shall be reinvested according to the
investment election in force at the time such dividend becomes payable. 
 Two levels of professionally managed account services
and investment advice for Plan members are offered through Financial Engines. Investment advice is provided at no additional cost to members while members electing to utilize Account Management services will pay a management fee between 0.3% and
0.6% of assets, depending on the size of the account balance. The Company will pay for Investment Advice from Plan assets through the use of administrative credits which are provided through a contract with Fidelity. 

The selection of an investment option is entirely the responsibility of each member. ERISA provides that participants in
Section 404(c) plans are responsible for the outcome of their investment option decisions and fiduciaries may be relieved of liability for those member decisions. The Trustee, the Plan Administrator, the Plan’s recordkeeper, and the
Company or any of its officers, supervisors, or employees are not authorized to advise any member as to the manner in which their account(s) shall be invested. The fact that an investment option is available to members under the Plan shall not be
construed as a recommendation for the selection of that investment option, nor shall the designation of any investment option impose any liability on the Trustee, the Plan Administrator, the Plan’s recordkeeper, or the Company, its officers,
supervisors, employees, or any member of the Plan. 
 The Plan Administrator may add, modify, or delete any investment option as
they deem appropriate. 
  

	IX.	Transfers 

 A member may
at any time direct the Trustee to sell any or all of the assets in the member’s Thrift account(s) in whole percents, units, or dollar increments and at the same time inform the 

  
 17 

 
Trustee how to distribute the proceeds of such sale into investment options. 
 The member may direct the Trustee to execute investment Transfers at a frequency no greater than the periodicity of Transfers limit formally approved by the Plan Administrator. When the member directs the
Trustee to buy or sell investments, the member will receive or pay the unit or share price when executed. 
  

	X.	Stock Options, Rights or Warrants 

 If any options, rights, or warrants are granted or issued with respect to shares of stock, the Trustee shall give the members for whom the stock is held a reasonable opportunity after notice to direct the
Trustee to exercise the options, rights, or warrants. If no instructions are received from the member, the Trustee may sell the option, right, or warrant, or take such other action as the Trustee may deem necessary. 

For an Active Member, any proceeds shall be credited to the member’s Thrift account(s) in the same manner as current contributions
unless elected otherwise. 
 For all other members, any proceeds will be invested in the active investment option(s) to which
their most recent contributions were directed, unless elected otherwise. 
  

	XI.	Vesting 

 A member is
fully and immediately vested in their member contributions (including Pre-Tax Contributions). 
 Although Company Contributions
are credited to the Company Matching Account and the member’s investment option election directs how Company Contributions are to be invested, the member cannot withdraw any Company Contributions or convert any Company Contributions to Roth
In-Plan Conversion Amounts until a vested right is acquired in such contributions by the member. For employees hired on or after January 1, 1993, earnings on Company Contributions will vest in the same manner as provided under the Plan for
Company Contributions as follows: 
 A member shall acquire a fully vested, nonforfeitable right to all the Company’s
Contributions upon the earliest of the following: 
  

	 	A.	The member has performed an hour of service on or after January 1, 1989, and has completed five (5) years of service. 

Effective January 1, 2002: 
  

	 	1.	The current 5 year vesting schedule for Company Contributions is replaced with a 3 year cliff vesting schedule. 

 

	 	2.	The new 3 year cliff vesting schedule will be used for Company Contributions made both before and after the January 1, 2002 effective date.

  
 18 

	 	3.	The 3 year cliff vesting schedule will only apply to participants who complete one hour of service on or after January 1, 2002. 

 

	 	B.	Upon the attainment of the Plan’s normal retirement age (age 65). 

  

	 	C.	The member has retired under the Marathon Petroleum Retirement Plan as then in effect. 

 

	 	D.	The death of an Active Member or a Member with Account(s) in Suspense. 

  

	 	E.	In the event of the termination or partial termination of the Plan. 

  

	 	F.	Effective March 19, 1992, a member shall have a fully vested, nonforfeitable right to their Company Contributions if such member’s involuntary termination on
or after July 1, 1992, but prior to January 1, 1994, is due to (a) a reduction in workforce; (b) the relocation of a Company facility or component within a Company facility; or (c) the closing or sale of a Company facility.

 “Service,” for the purposes hereof, means the length of time in months during which: (1) a member
either receives or is entitled to receive compensation from a participating employer and/or a member of the Controlled Group; (2) a member is laid off (if such lay off is for less than 12 consecutive months); (3) a member’s account(s)
is held in suspense pursuant to a Complete Withdrawal under Article XIII hereof; or (4) a member was a “leased employee” as defined in Code Section 414(n) for a participating employer and/or a member of the Controlled Group.
Twelve months of service shall constitute one year of service. Notwithstanding the above, a member shall be credited with a year of service if the member is compensated or entitled to compensation by a participating employer and/or a member of the
controlled group for 1,000 hours in a “service year.” The first calendar year measurement period will be the calendar year which includes the first anniversary of the date the employee first performs an hour of service. For calculating
vesting service after an employee’s first “service year” of employment, the period for further vesting service calculations is immediately changed to a “Plan Year” basis. Prior to October 1, 2002, for purposes of the
1000-hour test, actual hours worked shall be counted except in the following cases: for salaried, exempt employees 10 hours will be credited for each day worked. A member shall be credited with 190 hours for each month during which the member is on
an approved leave of absence from a participating employer or a member of the Controlled Group. 
 Effective October 1,
2002, for purposes of the 1,000-hour test, the Thrift Plan provides as follows, strictly for the purpose of processing work hours for Plan vesting and eligibility, use of the equivalency rule: 

The equivalency rule shall be: 45 hours for a weekly payroll, and 90 hours for a bi-weekly payroll. All work hours processed on or after
October 1, 2002, shall be associated with the 

  
 19 

 
month of the pay period begin date. 
 For a non-exempt employee, when
payroll wages and hours are received and the employee is not on a leave, actual hours shall be used. If a non-exempt employee is on an accepted leave status covered under the terms of the Plan, their hours are determined by the equivalency rule.

 For an exempt employee, if the employee receives any payroll wages, their hours are determined by the equivalency rule. If the
employee is on an accepted leave status covered under the terms of the Plan, their hours are determined by the equivalency rule. 

Effective January 1, 1998, the Marathon Petroleum Thrift Plan will recognize a new hire’s previous Speedway LLC vesting service
back to January 1, 1998, for purposes of eligibility and vesting. 
 The Marathon Petroleum Thrift Plan will recognize
previous Marathon Petroleum Company LP vesting service for purposes of eligibility and vesting. 
 For new hires with service
with an employer of the Controlled Group, other than described above, vesting service will be recognized for eligibility and vesting as presently defined in the Plan. For hires to MPC with service with an employer of the controlled group of Marathon
Oil Corporation, their service with an employer of the controlled group of Marathon Oil Corporation through the Distribution Date, will count for vesting and eligibility under the Thrift Plan. For hires to MPC with service with an employer of the
controlled group of Marathon Oil Corporation, their service with an employer of the controlled group of Marathon Oil Corporation after the Distribution Date will not count for vesting and eligibility under the Thrift Plan. For Delayed Transfer
Employees, as defined in the Employee Matters Agreement, their service through the date of transfer will count for vesting and eligibility under the Thrift Plan. 
 For any new hires (non-transferees) to any participating employer with previous employment with USX or U.S. Steel and the wholly-owned subsidiaries of USX Corporation, their service between March 11,
1982 and the December 31, 2001 effective date of the U.S. Steel spin-off from USX will count for vesting and eligibility purposes. For these non-transferees, service with United States Steel Corporation on or after the December 31, 2001
effective date of the spin-off will not count for vesting and eligibility purposes under the Thrift Plan. 
 If a former employee
of a participating employer is hired (for reasons other than a transfer) by a nonparticipating member of the Controlled Group, or a former employee of a member of the Controlled Group is hired (for reasons other than a transfer) by a participating
employer, vesting service time within the Controlled Group shall be recognized for purposes of vesting service under this Plan provided that such vesting service is attributable to time while the employer(s)

  
 20 

 
was a member of the Controlled Group. 
 If a former member or Retired
Member is subsequently reemployed by a participating employer, all prior service which has been credited for vesting purposes hereunder shall be reinstated. 
 Members who were employed by an employer at the time such employer was acquired by the Company or another member of the Controlled Group may, with the approval of the Marathon Petroleum Corporation’s
Board of Directors or any committee, for example, the Marathon Petroleum Corporation Salary and Benefits Committee, to which the Board has specifically delegated its authority, be entitled to additional vesting service based on employment with the
acquired employer. Appendix B outlines the additional vesting service which has been approved. 
  

	XII.	Change of Control Provisions 

 Employees who are terminated within 24 months of a Change of Control (defined below) will become immediately vested in the Marathon Petroleum Thrift Plan. Following is the definition of Change of Control:

  

	 	(a)	For purposes of administering the Change of Control Provisions, a “Change in Control of the Corporation” and “Change in Control” shall mean a change
in control of Marathon Petroleum Corporation of a nature that would be required to be reported in response to Item 6(e) of Schedule 14A of Regulation 14A promulgated under the Securities Exchange Act of 1934, as amended (the “Exchange
Act”), whether or not the Corporation is then subject to such reporting requirement; provided, that, without limitation, such a change in control shall be deemed to have occurred if: 

 

	 	(i)	 any person (as such term is used in Sections 13(d) and 14(d) of the Exchange Act (a “Person”) is or becomes the “beneficial owner”
(as defined in Rule 13d-3 under the Exchange Act), directly or indirectly, of securities of the Corporation (not including in the securities beneficially owned by such person any such securities acquired directly from the Corporation or its
affiliates) representing twenty percent (20%) or more of the combined voting power of the Corporation’s then outstanding voting securities; provided, however, that for purposes of this Agreement the term “Person” shall not
include (A) the Corporation or any of its subsidiaries, (B) a trustee or other fiduciary holding securities under an employee benefit plan of the Corporation or any of its subsidiaries, (C) an underwriter temporarily holding
securities pursuant to an offering of such securities, or (D) a corporation owned, directly or indirectly, by the stockholders of the Corporation in substantially the same proportions as their ownership of stock of the Corporation; and
provided, further, however, that for purposes of this paragraph (i), there shall be 

  
 21 

	 	 
excluded any Person who becomes such a beneficial owner in connection with an Excluded Transaction (as defined in paragraph (iii) below); or 

 

	 	(ii)	the following individuals cease for any reason to constitute a majority of the number of directors then serving: individuals who, on the date hereof, constitute the
Board and any new director (other than a director whose initial assumption of office is in connection with an actual or threatened election contest including, but not limited to, a consent solicitation, relating to the election of directors of the
Corporation) whose appointment or election by the Board or nomination for election by the Corporation’s stockholders was approved or recommended by a vote of at least two-thirds (2/3) of the directors then still in office who either were
directors on the date hereof or whose appointment, election or nomination for election was previously so approved or recommended; or 

  

	 	(iii)	there is consummated a merger or consolidation of the Corporation or any direct or indirect subsidiary thereof with any other corporation, other than a merger or
consolidation (an “Excluded Transaction”) which would result in the voting securities of the Corporation outstanding immediately prior thereto continuing to represent (either by remaining outstanding or by being converted into voting
securities of the surviving corporation or any parent thereof) at least 50% of the combined voting power of the voting securities of the entity surviving the merger or consolidation (or the parent of such surviving entity) immediately after such
merger or consolidation, or the shareholders of the Corporation approve a plan of complete liquidation of the Corporation, or there is consummated the sale or other disposition of all or substantially all of the Corporation’s assets.

  

	 	(b)	Notwithstanding anything to the contrary herein, the tax-free spin-off of the steel and steel-related businesses of the Corporation into a freestanding, publicly traded
company and retention of the energy and energy-related businesses (the “Restructuring”) shall not constitute a Change in Control. 

  

	 	(c)	The tax-free spin-off of Marathon Petroleum Corporation into a freestanding, publicly traded company shall not constitute a Change in Control. 

The provisions of this Article XII shall be applicable only to non-officer Regular Full-time and Regular Part-time employees. 

 

	XIII.	In-Service Withdrawals 

 Effective January 1, 1997, Active Members, provided they are not a 5% owner of the business, may elect to defer the commencement of benefits until no later than the April 1 immediately following
the calendar year in which they retire. Active members presently over age 70  1/2 and receiving distributions under the Thrift Plan may elect to suspend such payments until they 

  
 22 

 
actually retire. 
 Active Members who are 5% owners of
the business may elect to defer commencement of benefits until no later than the April 1 immediately following the calendar years in which such members attain age 70  1/2. 

With respect to distributions under the Plan made in calendar years beginning on or after January 1, 2002, the Plan will apply the
minimum distribution requirements of Code Section 401(a)(9) in accordance with the regulations under section 401(a)(9) that were proposed in January 2001, notwithstanding any provision of the Plan to the contrary. With respect to distributions
under the Plan made in calendar years beginning on or after January 1, 2003, the Plan will apply the minimum distribution requirements of Code Section 401(a)(9) as described in Appendix E. 

A participant who receives a distribution of elective deferrals after December 31, 2001 from another 401(k) plan maintained by a
member of the Controlled Group, on account of hardship shall be prohibited from making elective deferrals and employee contributions under this and all other plans of members of the Controlled Group for 6 months after receipt of the distribution. A
participant who received a distribution of elective deferrals in calendar year 2001 from another 401(k) plan maintained by any member of the Controlled Group on account of hardship shall be prohibited from making elective deferrals and employee
contributions under this and all other plans of members of the controlled group for 6 months after receipt of the distribution or until January 1, 2002, if later. 
  

	 	A.	In-Service Withdrawal of a Portion of Thrift Balance 

 An Active Member or a Member with Account(s) in Suspense is eligible to withdraw a portion of their After-Tax, Rollover or Company Matching Accounts without losing such other rights as the member may have
in the balance of their accounts, subject to the provisions outlined below. 
 An Active Member or Member
with Account(s) in Suspense who has attained age 59  1/2 is also eligible to withdraw a portion of their Pre-Tax, Roth Deferral, Pre-Tax Catch-Up and Roth Catch-UP Accounts without losing such other rights as the member may have in the balance of their
accounts, subject to the provisions outlined below. 
 In-Service Withdrawals are limited to a maximum of four (4) in
a Plan year. 
 No In-Service Withdrawal of less than $100 will be permitted. However, if a vested or non-vested member makes an
In-Service Withdrawal which reduces the total balance in the member’s Thrift account(s) to an amount which is less than the last 24 months of matched employee and company contributions remaining in the member’s Thrift account(s), then the

  
 23 

 
member will be subject to a suspension penalty. The suspension penalty requires that matching Company Contributions will cease on the day of the withdrawal and will resume on the first day of the
month following the six-month anniversary of the withdrawal. During the suspension period, the member may make Pre-Tax Contributions, Pre-Tax Catch-Up Contributions, After-Tax Contributions, Roth Deferral Contributions, Roth Catch-Up Contributions,
Rollover Contributions, Roth Rollover Contributions and Direct-Plan Transfer Contributions; however, no matching Company Contributions will be made on behalf of the member. 
 Effective September 11, 1991, for members who: 
  

	 	1.	have transferred to the Company from another company within the Controlled Group, 

 

	 	2.	have participated in a defined contribution plan maintained by the transferor company (“transferor plan”), and 

 

	 	3.	have made a Direct-Plan Transfer to the Thrift Plan of their entire vested account under the transferor plan, 

if adequate information is available as to the amount and time of contribution, contributions which the member had made to the transferor
plan will be recognized to determine whether the suspension penalty applies. If adequate information is not available, such contributions may not be recognized and therefore the member will be subject to the suspension penalty. 

Notwithstanding the foregoing, Non-employee Members will be permitted to make a one-time withdrawal to pay off outstanding Thrift Plan
loans. This one-time withdrawal must occur within 60 days of the date of becoming a Non-employee Member. Effective April 19, 1995, an Alternate Payee Member may also take a one-time withdrawal within 90 days of the date a respective QDRO is
determined to be qualified. 
 Account and Investment Withdrawal Order for In-Service Withdrawals 

Unless elected otherwise by the member, the order in which funds from the Plan are withdrawn is as follows, with the type of account
taking precedence over the type of investment: 
  

	 	•	 	 Account: 

  

	 	1.	Pre-1987 tax-paid employee contributions in the After-Tax Account 

  

	 	2.	All remaining funds in the After-Tax Account 

  

	 	3.	Rollover Account - After-Tax 

  

	 	4.	Rollover Account - Pre-Tax 

  

	 	5.	Company Matching Account 

  

	 	6.	Pre-Tax Account (to the extent permitted by the Plan and by law) 

  

	 	7.	Pre-Tax Catch-Up Contribution Account 

  

	 	8.	Roth Deferral Contribution Account 

  

	 	9.	Roth Catch-Up Contribution Account 

  

	 	10.	Roth In-Plan Conversion Account 

  
 24 

	 	11.	Roth Rollover Contribution Account 

  

	 	•	 	 Investments: 

  

	 	1.	Stable Value Fund 

  

	 	2.	Mutual Funds as listed in Appendix D 

  

	 	3.	Marathon Oil Corporation Stock 

  

	 	4.	Marathon Petroleum Corporation Stock 

 The member may elect a different order from the one given above provided that all pre-1987 tax-paid employee contributions must be distributed before any funds from the Company Matching and Rollover
Accounts may be withdrawn. 
  

	 	B.	In-Service Withdrawal of Entire Thrift Balance 

 An Active Member or a Member with Account(s) in Suspense may request an In-Service Withdrawal of their entire Thrift Plan balance. The amount available for this withdrawal depends on the member’s
age, disability status, vested status, and employment date as follows: 
 Vested members - A vested
member who has not attained age 59  1/2 will
receive the value of their After-Tax, Rollover, Roth Rollover and Company Matching Accounts. A vested member who has attained age 59
 1/2 or who is disabled (as defined below) will
receive the value of their above mentioned accounts plus the value of their Pre-Tax, Pre-Tax Catch-Up, Roth Deferral and Roth Catch-Up Contribution Accounts as well as the value of their Roth In Plan Conversion Account. 

Non-vested members - A non-vested member who has not attained age 59  1/2 and who is not disabled will receive the value of their After-Tax
and Rollover Accounts, excluding their Roth Rollover Account. A non-vested member who has attained age 59
 1/2 or who is disabled will also receive the value
of their Pre-Tax, Pre-Tax Catch-Up Contribution, Roth Rollover, Roth Deferral Contribution and Roth Catch-Up Accounts. 
 For purposes of this Plan, members will be considered “disabled” if either: 
  

	 	1.	they have been disabled for at least two (2) years, and are wholly and continuously disabled to the extent that they are unable to engage in any occupation or
perform any work for gainful compensation or profit for which they are, or may become, reasonably qualified by education, training, or experience, or 

  

	 	2.	they can provide proof of a Social Security determination of disability. 

  

	 	C.	Deemed Severance from Employment due to Military Service 

 Effective January 1, 2009, a member shall be treated as severed from employment for purposes of Code Section 401(k)(2)(B)(i)(I) during any period when the member is performing service in

  
 25 

 
the uniformed service described in Code Section 3401(h)(2)(A). However, a member who obtains a distribution by reason of service in the uniformed service for more than 30 days may not make
any elective deferrals or employee contributions to the Plan during the six-month period beginning on the date of such distribution (the “suspension period”). 
 Reinstatements - Except as otherwise provided in Article XVII, any Company Contributions and earnings thereon forfeited upon an In-Service Withdrawal will be used to reduce the Company’s
subsequent contributions to the Plan. However, the forfeited Company Contributions and earnings thereon attributable to a given In-Service Withdrawal shall be reinstated if, within five (5) years after the date of the withdrawal, the member
repays an amount equal to the lesser of: (1) the Company Contributions and earnings credited to their Company Matching Account for the preceding 24 months in which they contributed to the Plan prior to the In-Service Withdrawal, or (2) the
amount of the In-Service Withdrawal. An Active Member is not eligible for reinstating contributions during such member’s suspension period under the Plan. The maximum an Active Member may repay is their After-Tax Contributions, and, if
applicable, Pre-Tax Contributions, the total of which must not exceed the amount of their previous In-Service Withdrawal. Reinstated contributions by an eligible member are deposited into the After-Tax Account. If contributions are attributable to
Pre-1987 tax-paid employee contributions in the After-Tax Account, such contributions are deposited into the pre-1987 subaccount which is a part of the After-Tax Account. 
 Re-Entry into Plan - Any former member, after having taken an In-Service Withdrawal of their entire Thrift Plan balance, may re-enter the Plan immediately but will not be permitted to receive any
matching Company Contributions until their suspension period has passed. During the suspension period unmatched contributions will be permitted. The suspension time will count as “service” toward vesting under the three (3) years of
service vesting provision. 
 For purposes of Article XIII, withdrawals made prior to the Distribution Date, from the predecessor
Plan, the Marathon Oil Company Thrift Plan, are deemed to have been made under the terms of the Plan, the Marathon Petroleum Thrift Plan. 
  

	XIV.	Withdrawals After Separation From Service 

 Company Contributions are forfeited for non-vested members on the earlier of a complete In-Service Withdrawal or five (5) years after the date when a member is no longer an Active Member or a Member
with Account(s) in Suspense. Vested members entitled to receive their entire vested balance in all accounts when the member is no longer an Active Member or a Member with Account(s) in Suspense. 

The following members may elect to defer the commencement of benefits until no later than the

  
 26 

 
April 1 immediately following the calendar year in which such members attain age 70  1/2: 
  

	 	A.	Retired Members with a vested Thrift Plan balance in excess of $5,000, 

  

	 	B.	Members with Account(s) in Suspense and; 

  

	 	C.	Non-employee Members (other than Non-employee Members with a vested Thrift Plan balance of $5,000 or less, Beneficiary Members, and Spouse Beneficiary Members with a
vested Thrift Plan balance in excess of $5,000). 

 Spouse Beneficiary Members with a Thrift Plan balance in excess
of $5,000 may maintain an open Thrift Plan account(s) for their lifetime, subject to the minimum distribution requirements of Code Section 401(a)(9). Spouse Beneficiary Members with a Thrift Plan balance of $5,000 or less must commence their
final settlement no later than 60 days after the close of the Plan Year during which they become a Spouse Beneficiary Member. Beneficiary Members may maintain an open Thrift account(s) until no later than the fifth anniversary of the date of the
member’s death. 
 All other Non-employee Members (including Beneficiary Members) with a vested Thrift Plan balance of
$5,000 or less must commence their final settlement no later than 60 days from the date of becoming such members unless, in the case of an Alternate Payee Member, the distribution of any part of such Thrift Plan balance is then not permitted under
Code Section 401(k). 
 However, the member or, if applicable, the beneficiary or beneficiaries, may request earlier payment
of benefits, in which case payment shall commence as soon as practicable after the member has filed a written notice of such election with the Plan Administrator. 
 Effective January 1, 2002, account balances attributable to rollover contributions (and earnings allocable thereto), are excluded in determining a member’s eligibility to receive a $5,000 de
minimus distribution. If the value of the member’s nonforfeitable account balance as so determined is $5,000 or less, the Plan shall immediately distribute the member’s entire nonforfeitable account balance, subject to the requirements of
Code Section 401(a)(31)(B). 
 Withdrawal rights after separation from service are as follows: 

 

	 	A.	 A Retired Member, Spouse Beneficiary Member, or Beneficiary Member may withdraw during any year all or any portion of the remaining balance in their
account(s), provided that no withdrawal of less than $500 may be made unless it constitutes the entire remaining balance. Such withdrawals, however, are limited to a maximum of four (4) in a Plan Year. Effective October 12, 2002, for the
remainder of 2002 only, up to five (5) retired member withdrawals were allowed. The Retired Member, Spouse Beneficiary Member, or 

  
 27 

	 	 
Beneficiary Member may elect the order of distribution under Article XIII or a different order, provided that pre-1987 tax-paid employee contributions in the After-Tax Account must be withdrawn
before funds from the Company Matching, Rollover, Pre-Tax, Pre-Tax Catch-Up and Roth Accounts may be withdrawn. 

  

	 	B.	A Member with Account(s) in Suspense may take In-Service Withdrawals as defined under Article XIII of this Plan. 

 

	 	C.	A Non-employee Member may make: (1) a one-time In-Service Withdrawal pursuant to Article XIII to pay off an outstanding Thrift Plan loan(s), (2) one
additional withdrawal within 30 days of becoming an Non-employee Member if he or she was terminated due to the reduction in force during July 1, 1992, through June 30, 1993, and (3) an In-Service Withdrawal of their entire Plan
balance. It is provided, however, that an Alternate Payee Member may take a complete distribution of Pre-Tax monies at any time if provided by their Qualified Domestic Relations Order. A Spouse Beneficiary Member or Beneficiary Member may make
withdrawals as defined for a Retired Member in paragraph A above. 

 With respect to distributions under the Plan
made in calendar years beginning on or after January 1, 2002, the Plan will apply the minimum distribution requirements of Code Section 401(a)(9) in accordance with the regulations under section 401(a)(9) that were proposed in January
2001, notwithstanding any provision of the Plan to the contrary. With respect to distributions under the Plan made in calendar years beginning on or after January 1, 2003, the Plan will apply the minimum distribution requirements of Code
Section 401(a)(9) as described in Appendix E. 
 Reinstatements - Except as otherwise provided in Article XVII, any
Company Contributions and earnings thereon forfeited by a member’s termination of employment prior to vesting will be used to reduce the Company’s subsequent contributions to the Plan. However, the forfeited Company Contributions and
earnings thereon attributable to the member’s termination of employment prior to vesting shall be reinstated if the member is rehired by a participating employer, and, within five (5) years after the date of rehire, repays an amount equal
to the lesser of: (1) the Company Contributions and earnings thereon credited to their Company Matching Account for the last 24 months in which they contributed to the Plan, or (2) the amount of the Plan distribution received upon
termination of employment. The maximum an Active Member may repay is their After-Tax Contributions, and, if applicable, Pre-Tax and Roth Deferral Contributions, the total of which must not exceed the amount of their previous total distribution.
Reinstated contributions by an eligible rehired employee are deposited into the After-Tax Account (if attributable to pre-1987 tax-paid employee contributions in the After-Tax Account, such contributions are credited to the pre-1987 subaccount). In
any case, the rehired 

  
 28 

 
employee shall have reinstated towards vesting the total number of months for which contributions were matched prior to the member’s complete withdrawal. 

Notwithstanding the foregoing, a Deferred Member who is reemployed by the Company or any member of the Controlled Group will have
non-vested forfeited Company Contributions automatically reinstated into the Company Matching Account by the Company as of the date of reemployment provided that such reemployment date occurs within five (5) years of the date of such
member’s last termination of employment from an employer within the Controlled Group. All automatic reinstatements will be invested in accordance with the member’s direction. A Deferred Member who is reemployed by the Company or any member
of the Controlled Group will have reinstated towards vesting the total number of months recognized for vesting under Article XI immediately prior to such member’s last termination of employment from an employer within the Controlled Group.

 For the purposes of this reinstatement provision, a Deferred Member who was a non-vested member with a Thrift Plan balance in
excess of $5,000 at the time of termination of employment and who has maintained an open Thrift account(s) through the date of reemployment, if any, by the Company or any member of the Controlled Group occurring within five (5) years of the
last termination of employment from the Controlled Group, shall be deemed to have taken a distribution of the balance in such account(s) upon termination of employment, and to have repaid the amount of that distribution on the date of reemployment.

 Rollover Contributions or Direct-Plan Transfer Contributions may be recognized as contributions for purposes of satisfying the
reinstatement provisions, provided such contributions are made within five (5) years after the date of last termination from a member of the controlled group. 
 Re-Entry into Plan - A former member who is rehired is eligible to become a member of the Plan immediately so long as they meet the eligibility provisions of the Plan. However, if a former member
is rehired within six (6) months from the date of their final settlement, such member will be permitted to make After-Tax, Pre-Tax, Roth Deferral and Catch-Up Contributions; however, such member will not receive matching Company Contributions
for a period of six (6) months from the date of final settlement, which is the “suspension period”. During the suspension period, unmatched Pre-Tax, unmatched Roth Deferral and unmatched After-Tax Contributions will be permitted.
Catch-Up Contributions will also be permitted. The suspension period will only count as “service” toward vesting under the three (3) years of service vesting provision. 

For purposes of Article XIV, withdrawals made prior to the Distribution Date, from the predecessor Plan, the Marathon Oil Company Thrift
Plan, are deemed to have been made under the terms of the Plan, the Marathon Petroleum Thrift Plan. 

  
 29 

	XV.	Settlement Options 

Unless the member elects otherwise and except as provided below, distribution of their account(s) will be made in a single sum payment, in
either cash or in securities, plus any cash balance to which the member is entitled. All distributions made by the Plan will satisfy the minimum distribution requirements of Code Section 401(a)(9). 

With respect to distributions under the Plan made in calendar years beginning on or after January 1, 2002, the Plan will apply the
minimum distribution requirements of Code Section 401(a)(9) in accordance with the regulations under Code Section 401(a)(9) that were proposed in January 2001, notwithstanding any provision of the Plan to the contrary. With respect to
distributions under the Plan made in calendar years beginning on or after January 1, 2003, the Plan will apply the minimum distribution requirements of Code Section 401(a)(9) as described in Appendix E. 

Effective for distributions after December 31, 2001, a member’s elective deferrals, qualified nonelective contributions,
qualified matching contributions, and earnings attributable to these contributions shall be distributed on account of the member’s severance from employment, regardless of when the severance from employment occurred. However, such a
distribution shall be subject to the other provisions of the plan regarding distributions, other than provisions that require a separation from service before such amounts may be distributed. 

For distributions made on or after January 1, 1993: Notwithstanding any provision of the Plan to the contrary that would otherwise
limit a distributee’s election under this Article, a distributee may elect, at the time and in the manner prescribed by the Plan Administrator, to have any portion of an eligible rollover distribution paid directly to an eligible retirement
plan specified by the distributee in a direct rollover. 
 In the event of a mandatory distribution greater than $1,000 in
accordance with the provisions of Code Section 401(a)(31)(B), if the member does not elect to have such distribution paid directly to an eligible retirement plan specified by the member in a direct rollover or to receive the distribution
directly in accordance with Code Section 401(a)(31)(B), then the Plan Administrator will pay the distribution in a direct rollover to an individual retirement plan designated by the Plan Administrator. 

For distributions made on or after August 7, 2007: Notwithstanding any provision of the Plan to the contrary, a direct rollover may
be made by the Plan to a Non-spouse Beneficiary who is a designated beneficiary under the Plan; provided that the amounts distributed are transferred in a direct rollover that satisfies all of the requirements of an eligible rollover distribution
other than 

  
 30 

 
the requirement that the distribution be made to a distributee as defined below and that meet the requirements of Code Section 402(c)(11). Distributions made prior to January 1, 2010
are not subject to the direct rollover requirements of Code Section 401(a)(31). 
 Definitions 

Eligible rollover distribution: An eligible rollover distribution is any distribution of all or any portion of the balance to the credit
of the distributee, except that an eligible rollover distribution does not include: any distribution that is one of a series of substantially equal periodic payments (not less frequently than annually) made for the life (or life expectancy) of the
distributee or the joint lives (or joint life expectancies) of the distributee and the distributee’s designated beneficiary, or for a specified period of ten years or more; any distribution to the extent such distribution is required under Code
Section 401(a)(9); and the portion of any distribution that is not includible in gross income (determined without regard to the exclusion for net unrealized appreciation with respect to employer securities). A portion of a distribution shall
not fail to be an eligible rollover distribution merely because the portion consists of after-tax employee contributions which are not includible in gross income. However, such portion may be transferred only (1) to an individual retirement
account or annuity described in Code Section 408(a) or (b), or (2) to a qualified defined contribution plan described in Code Sections 401(a) or 403(a) or (3) effective January 1, 2007 to a qualified plan described in Code
Section 403(b) that agrees to separately account for amounts so transferred, including separately accounting for the portion of such distribution which is includible in gross income and the portion of such distribution which is not so
includible. 
 Eligible retirement plan: An eligible retirement plan is an individual retirement account described in Code
Section 408(a), an individual retirement annuity described in Code Section 408(b), an annuity plan described in Code Section 403(a), or a qualified trust described in Code Section 401(a), that accepts the distributee’s
eligible rollover distribution. However, in the case of an eligible rollover distribution to the surviving spouse, an eligible retirement plan is an individual retirement account or individual retirement annuity. 

Effective for distributions made after December 31, 2001, an eligible retirement plan shall also mean an annuity contract described
in Code Section 403(b) and an eligible plan under Code Section 457(b) which is maintained by a state, political subdivision of a state, or any agency or instrumentality of a state or political subdivision of a state and which agrees to
separately account for amounts transferred into such plan from this plan. For distributions made after 2007, an eligible retirement plan shall also mean a Roth individual retirement account under Code Section 408A(b). The applicable definition
of eligible retirement plan shall also apply in the case 

  
 31 

 
of a distribution to a surviving spouse, or to a spouse or former spouse who is the alternate payee under a qualified domestic relation order, as defined in Code Section 414(p). 

Distributee: A distributee includes an employee or former employee. In addition, the employee’s or former employee’s surviving
spouse and the employee’s or former employee’s spouse or former spouse who is the alternate payee under a qualified domestic relations order, as defined in Code Section 414(p), are distributees with regard to the interest of the
spouse or former spouse. 
 Direct rollover: A direct rollover is a payment by the Plan to the eligible retirement plan specified
by the distributee. 
 Retired Members of any age, Active Members age 70  1/2 and over, and effective January 1, 2005, Spouse Beneficiary
Members may elect a third settlement option, the Installment Option. Under this Option, the balance of the funds in a member’s account(s) will be distributed in not less than three annual (six semi-annual or 36 monthly) installments and not
more than the number of annual installments (or the number of monthly or semi-annual installments) which is equal to the actuarial life expectancy of the member at the time of commencement of benefits under the Installment Option. After benefits
commence under the Installment Option, the member may elect to discontinue receiving further installments at any time, subject, however, to the minimum distribution requirements under Code Section 401(a)(9). A Retired Member and a Spouse
Beneficiary Member may be permitted to take a Retired Member Withdrawal and an Active Member age 70
 1/2 and over may be permitted to take an in-service
withdrawal during the payout period of the Installment Option. If a member dies during the payout period under the Installment Option, the installment payments will cease and any further benefits with respect to the member’s account(s) will be
payable pursuant to the provisions of Article XVI. Members may elect annual or semi-annual installments to be paid in cash and/or securities. Monthly installments may only be paid in cash. 

For installments, the Retired Member, the Active Member age 70  1/2 and over, or the Spouse Beneficiary Member may elect to receive
either annual, or effective November 6, 1991, semi-annual, or effective January 1, 1993, monthly installments. If monthly or semi-annual installments are elected, the annual installment amount as elected by the member or determined under
Code Section 401(a)(9) will be distributed as follows: 
 For Semi-Annual Installments: 

 

	 	1.	50% on the installment date within the first six months of the calendar year, and 

 

	 	2.	50% on the six-month anniversary of the installment date. 

  
 32 

 For Monthly Installments: 

The annual installment amount will be divided by twelve (12) and distributed once per month. 

Members commencing installments prior to April 1, 2002 could elect the order of distribution from: (1) the After-Tax Account,
(2) the Rollover Account, (3) the Company Matching Account, or (4) the Pre-Tax Account, provided that pre-1987 Tax-Paid Credit Balance (TPCB) amounts and Tax-Paid Loan Balance (TPLB) amounts from the After-Tax Account were withdrawn
before monies were distributed from the Rollover Account, the Company Matching Account, or the Pre-Tax Account. For any given installment distribution, one account must be depleted before distributions from another account may begin. 

Effective April 1, 2002, any new installment elections or changes to current elections result in proceeds being redeemed in the order
described in the “In-Service Withdrawal of a Portion of Thrift Balance” section, with the type of account taking precedence over the type of investment. 
 For minimum required distribution withdrawals for retirees, these required withdrawals will also be distributed in the order defined by the Plan default. For retiree member withdrawals taken after any
minimum distribution requirements have been satisfied, the member can continue to elect the order of distribution. 
 Plan
balances of members, other than Active Members and Members with Account(s) in Suspense, will be distributed to such members in the form of a lump sum in cash without their consent if their Plan balances have a value equal to $5,000 or less. The
above $5,000 amount will be determined immediately after the forfeiture of any non-vested Company Contributions. Effective January 1, 2002, account balances attributable to rollover contributions (and earnings allocable thereto), are excluded
in determining a participant’s eligibility to receive a $5,000 de minimis distribution. 
 In the event of a mandatory
distribution greater than $1,000 in accordance with the provisions of Code Section 401(a)(31)(B), if the participant does not elect to have such distribution paid directly to an eligible retirement plan specified by the participant in a direct
rollover or to receive the distribution directly in accordance with Code Section 401(a)(31)(B), then the Plan Administrator will pay the distribution in a direct rollover to an individual retirement plan designated by the Plan Administrator.

 With respect to distributions under the Plan made in calendar years beginning on or after January 1, 2002, the Plan will
apply the minimum distribution requirements of Code Section 401(a)(9) in accordance with the regulations under section 401(a)(9) that were proposed in January 2001, notwithstanding any provision of the Plan to the contrary. With respect to

  
 33 

 
distributions under the Plan made in calendar years beginning on or after January 1, 2003, the Plan will apply the minimum distribution requirements of Code Section 401(a)(9) of the
Internal Revenue Code as described in Appendix E. 
  

	XVI.	Beneficiary 

 Each member
shall designate a beneficiary or beneficiaries, subject to any requirements established by the Plan Administrator, and may change this designation at any time. 
 If a married member has a beneficiary designation which results in the member’s spouse not being the member’s sole beneficiary, such designation must be consented to by the spouse in
writing on forms approved by the Plan Administrator and witnessed by a notary public. 
 The Plan shall only recognize
beneficiary designations submitted to the Plan on forms approved by the Plan Administrator. Any beneficiary designation shall be effective only after it is received and accepted by the Plan Administrator, and the Plan’s procedure for
determining a beneficiary shall be controlling over any disposition by will or otherwise. 
 In the event a beneficiary
designation is not completed, the default is to apply the Marathon Oil Company Thrift Plan designation in effect on the Distribution Date. For Delayed Transfer Employees, the beneficiary designation will default to the Marathon Oil Company Thrift
Plan designation in effect on the date of transfer. 
 Subject to the $5,000 involuntary lump sum cash-out provisions of the
Plan, a beneficiary, in the event of the member’s death, may receive funds from the Plan in cash and/or securities commencing to the terms of Article XIV. 
 If settlement of the member’s account(s) pursuant to Article XV of the Plan has commenced before the member’s death, the remaining balance of the member’s benefit will be distributed to the
designated beneficiary or beneficiaries at least as rapidly as required under Code Section 401(a)(9) and the regulations thereunder. 
 Notwithstanding the foregoing, and subject to the $5,000 involuntary lump sum cash-out provisions of the Plan, if the Rollover Account of a married member contains amounts directly transferred pursuant to
Article XXIII hereof from a qualified defined benefit plan or a qualified individual account plan which is subject to the minimum funding rules of Code Section 412, the member’s account(s) will be distributed upon the member’s death
in the form of a life annuity to the member’s spouse, unless the member elects otherwise with the spouse’s consent. The consent of the spouse must be in writing and witnessed by a Plan representative (as designated by the Plan
Administrator) or Notary Public. The Plan Administrator shall notify the member of their right to elect to have their account(s) distributed upon the member’s death in a form other 

  
 34 

 
than a life annuity to the member’s spouse. 
 Effective for deaths
occurring on or after January 1, 2007, the beneficiary of a member who dies while in active military service shall be eligible to receive survivor benefits under the Plan as if the member had returned to work on the date before the
member’s death. 
 If a member dies without a valid beneficiary designation, the member’s account(s) will be paid to
the person or persons comprising the first surviving class of the classes listed in order below and such person or persons will receive the funds in a single sum. The eligible classes are set forth below: 

 

	 	A.	The member’s surviving spouse 

  

	 	B.	The member’s surviving children (either natural born or adopted through a final adoption order issued by a court of competent jurisdiction prior to the
member’s death) but specifically excluding step-children. 

  

	 	C.	The member’s surviving parents 

  

	 	D.	The member’s surviving brothers and sisters 

  

	 	E.	The executor or administrator of the member’s estate 

  

	XVII.	Loans and Assignability 

Except as specifically provided herein, no right or interest of any member in the Plan or in their account(s) shall be assignable or
transferable in whole or in part, either directly or by operation of law or otherwise, including, but not by way of limitation, execution, levy unless otherwise required by the Code or the regulations thereunder, garnishment, attachment, pledge,
bankruptcy, or in any other manner, and no right or interest of any member in the Plan or in their account(s) shall be liable for, or subject to any obligation or liability of such member; and the Trustee shall not loan any funds or securities of
this Plan. 
 Notwithstanding the foregoing, the Plan Administrator shall: (1) authorize the assignment and distribution of
all or a portion of a member’s account(s) in accordance with a Qualified Domestic Relations Order as defined in Code Section 414(p), (2) establish procedures for the review of domestic relations orders and Qualified Domestic Relations
Orders, and (3) establish a loan policy whereby, upon proper application by a member, the Plan Administrator shall direct the Trustee to make loans to members, provided that such loans: 

 

	 	A.	Are made available to all Plan members, other than Non-employee Members who are not parties in interest (to the extent permitted by ERISA or applicable Department of
Labor regulations), on a uniform, nondiscriminatory basis; 

  

	 	B.	Bear a reasonable rate of interest; and 

  

	 	C.	Are adequately secured. 

 Each
loan shall be evidenced by a member’s promissory note for the amount of the loan 

  
 35 

 
including interest, payable to the order of the Trustee, and secured by collateral consisting of the assignment of the member’s account(s) as provided in the loan rules. 

All loans granted hereunder shall be subject to the application of the rules established by the Plan Administrator including, but not
limited to, provisions relating to the application, repayment and renewal thereof. Such rules form a part of the Plan and are set forth in Appendix F, entitled “Rules Governing the Making of Individual Account Loans.” The Plan
Administrator is specifically authorized to amend such rules from time to time. Further, to the extent that such rules conflict with any other portion of the Plan, such rules shall control. 

In the event that there is an actual loss realized by the Plan as a result of the inability to collect from a member whose loan is in
default, such loss shall be indemnified by the application of any forfeited employer contributions occurring in the year the loss is realized by the Plan. In the event forfeited employer contributions are insufficient to satisfy the loss, such loss
may be allocated on an equitable basis among all Plan Participants to the extent permitted under applicable state and federal laws and regulations in existence at such time. 

Loan repayments will be suspended under this Plan as permitted under Code Section 414(u)(4). 

 

	XVIII.	Trustee 

 The Company and
Fidelity Management Trust Company (Fidelity) have entered into a Trust Agreement pursuant to which Fidelity is to act as Trustee under this Plan. The Company may, from time to time, enter into further agreements with the Trustee or other parties,
and make amendments to the Trust Agreement or further agreements as it may deem necessary or desirable to carry out the Plan. The Company may also designate additional or successor trustees. The Trustee shall have the voting rights with respect to
all shares held pursuant to this Plan, and may vote the shares itself or by proxy to the extent permitted by law. The Trustee, itself or by proxy, shall, however, vote shares of Common Stock of Marathon Petroleum Corporation and Marathon Oil
Corporation in accordance with the directions, if any, of the members for whom the stock is held. 
 The Trustee may purchase
Common Stock of Marathon Petroleum Corporation on the open market or directly from Marathon Petroleum Corporation, out of authorized and unissued shares or Treasury shares, at the current market price thereof. The Trustee may sell the Common Stock
of Marathon Petroleum Corporation on the open market or directly to Marathon Petroleum Corporation, at the current market price thereof. 
 The Trustee shall be the named fiduciary with respect to the control or management of the assets of the Plan. The Trustee may appoint an investment manager for purposes of the management of all or a
portion of the trust assets. An investment manager who is appointed by 

  
 36 

 
the Trustee must evidence to the Trustee that it satisfies the eligibility requirements to be an investment manager under ERISA, must accept the appointment in writing, and must acknowledge, in
writing, that it is a fiduciary with respect to the Plan. The Trustee may also remove an investment manager who was previously appointed. 
  

	XIX.	Plan Year 

 For the
purpose of this Plan, a Plan Year shall be defined as the period from January 1 of any calendar year through December 31 of the same year. 
  

	XX.	Claims Procedures 

 Claims
for benefits under the Plan shall be filed with the Plan Administrator or recordkeeper of the Plan. Written notice of the disposition of a claim shall be furnished the claimant within 60 days after the claim is filed. In the event the claim is
wholly or partially denied, the reasons for the denial shall be specifically set forth in writing, and: 
  

	 	A.	Pertinent provisions of the Plan shall be cited; 

  

	 	B.	A description of any additional material or information necessary for the claimant to request a review of the claim and an explanation of why such material or
information is necessary will be provided; and 

  

	 	C.	An explanation as to how the claimant can request a review of the claim will be given. 

Any claimant or the claimant’s duly authorized representative, who after being denied a claim for benefits in whole or in part, may
request a review by the Plan Administrator by filing with or mailing to the Plan Administrator within 65 days after the notice of denial has been received by the claimant, a written request for such review. The claimant or duly authorized
representative may review pertinent documents and submit issues and comments in writing within the same 65-day period. The Plan Administrator shall make a full and fair review and the claimant shall be given written notice of the decision within 60
days after receipt of such request. The written notice shall include specific reasons for the decision and specific references to the pertinent Plan provisions on which the decision is based. 

 

	XXI.	Administration of the Plan 

The Company has appointed Rodney P. Nichols as Plan Administrator. The Company shall appoint such assistant administrators as may be
deemed necessary. The Plan Administrator shall be the named fiduciary under the Plan for all purposes other than for purposes of the control or management of the assets of the Plan. 

The Plan Administrator shall be responsible for the administration and interpretation of the Plan. Effective January 1, 1994, the
Thrift Plan intends to meet the requirements of ERISA Section 404(c) and its regulations. Under these rules, the Plan fiduciaries may be relieved of liability for any losses which are the direct and necessary result of investment instructions
given by a 

  
 37 

 
member or beneficiary. In determining the eligibility of members and other individuals for benefits and in construing the Plan’s terms, the Plan Administrator has the power to exercise their
discretion in the construction of doubtful, disputed, or ambiguous terms or provisions of the Plan, in cases where the Plan instrument is silent, or in the application of Plan terms or provisions to situations not clearly or specifically addressed
in the Plan itself. In situations in which the Plan Administrator deems it to be appropriate, the Plan Administrator may evidence (i) the exercise of such discretion, or (ii) any other type of decision, directive, or determination they may
make with respect to the Plan, in the form of a written administrative ruling which, until revoked, or until superseded by plan amendment or by a different administrative ruling or a different administration of the ruling, shall thereafter be
followed in the administration of the Plan. 
 The Trustee and the Company may, by agreement in writing, arrange for a delegation
by the Trustee to the Plan Administrator of any of the Trustee’s functions, except the custody of assets and discretion to manage and control the assets, the voting with respect to shares held by the Trustee, and the purchase, sale, or
redemption of securities. 
 The Plan Administrator may, from time to time, delegate to any assistant plan administrator
appointed pursuant to this Article the authority to exercise any or all of the foregoing powers and such others as the Plan Administrator deems necessary and appropriate to carry out the provisions of the Plan. 

With respect to investment matters, an Investment Committee shall meet, from time to time, but in no event less frequently than annually,
and shall be responsible (i) for assisting the Plan Administrator in reviewing and monitoring the performance of any investment managers which have been appointed and in developing appropriate guidelines and investment strategies for such
investment managers, and (ii) for assisting the Plan Administrator in carrying out the Plan’s funding policy, in selecting and reviewing appropriate investment options, and in addressing any related investment matters. The Committee shall
consist of the Plan Administrator, the Treasurer of the Company, and any other officers of Marathon Petroleum Company LP or Marathon Petroleum Corporation whom the Plan Administrator may appoint, from time to time, to serve upon the Committee. The
Plan Administrator is also authorized to obtain the services of legal counsel, outside consultants, and other appropriate persons, as they deem necessary or appropriate, to assist the Committee in performing its responsibilities. Any fees, charges,
and/or costs associated with the retention of such services shall be paid by the Company. 
 In the administration of the Plan,
the Trustee or the Plan Administrator shall maintain individual ledger records on each member’s account(s). Such records shall reflect a member’s account(s) 

  
 38 

 
as between employer and employee contributions on a continuous basis. 

The records of the Trustee, the Plan Administrator, and the Company shall be conclusive in respect to all matters involved in the
administration of this Plan except as otherwise provided herein or by law. 
 At least annually, a statement will be furnished to
each member of the status of their account(s) which shall specify whether the member has a vested right to Company Contributions in the Company Matching Account. This statement shall be deemed to have been accepted as correct unless written notice
to the contrary is received by the Plan Administrator within 90 days after its mailing to the member. 
 Any application to make
member contributions, any election, any withdrawal request, or any other direction under the Plan by a member must be accepted on behalf of the Plan Administrator, before it shall be effective. 

All costs, expenses, and fees incurred in administering this Plan, to the extent not paid by the Company, shall be incurred by members.
Fees or charges for investment management services shall not be paid by the Company but shall be borne by the members electing such services. Any taxes applicable to the member’s account(s) shall be charged or credited to the member’s
account(s) by the Trustee. 
 In addition to the other methods of amending Marathon’s employee benefit plans, practices, and
policies (hereinafter referred to as “MPC Employee Benefit Plans”) which have been authorized, or may in the future be authorized, by the Marathon Petroleum Corporation Board of Directors, the Marathon Petroleum Corporation’s Vice
President of Human Resources and Administrative Services may approve the following types of amendments to MPC Employee Benefit Plans: 
  

	 	(i)	With the opinion of counsel, technical amendments required by applicable laws and regulations; 

 

	 	(ii)	With the opinion of counsel, amendments that are clarifications of plan provisions; 

 

	 	(iii)	Amendments in connection with a signed definitive agreement governing a merger, acquisition or divestiture such that, for MPC Employee Benefit Plans, needed changes are
specifically described in the definitive agreement, or if not specifically described in the definitive agreement, the needed changes are in keeping with the intent of the definitive agreement; 

 

	 	(iv)	Amendments in connection with changes that have a minimal cost impact (as defined below) to the Company; and 

 

	 	(v)	With the opinion of counsel, amendments in connection with changes resulting from state or federal legislative actions that have a minimal cost impact (as defined
below) to the Company. 

 For purposes of the above, “minimal cost impact” is defined as an annual cost
impact to the 

  
 39 

 
Company per MPC Employee Benefit Plan case that does not exceed the greater of (i) an amount that is less than one-half of one percent of its documented total cost (including administrative
costs) for the previous calendar year, or (ii) $500,000. 
 Any discretionary acts taken under this Plan by the Plan
Administrator, the Company, or the Trustee shall be uniform in their nature, shall be applicable to all members similarly situated, and shall be administered in a nondiscriminatory manner in accordance with the provisions of the Code and ERISA. It
is intended that the standard of judicial review applied to any determination made by the Plan Administrator shall be the “arbitrary and capricious” standard of review. 

The Plan shall be construed, whenever possible, to be in conformity with the requirements of the Code and ERISA. To the extent not in
conflict with the preceding sentence and to the extent not preempted by ERISA, the construction of the Plan shall be governed by the laws of the State of Delaware. Decisions of the Plan Administrator made on all matters within the scope of their
authority shall be final and binding upon all persons, including the Company, any trustee, all members and beneficiaries, their heirs and personal representatives, and all labor unions or other similar organizations representing members. 

 

	XXII.	Participation by Other Employers and Employees 

 Upon specific authorization by its Board of Directors and subject to such terms and conditions as its Board may establish, the Company may permit subsidiaries or affiliated organizations to participate in
this Plan. The terms “employer,” “employee,” and words of similar import as used in this Plan shall be deemed to include the Company and such subsidiaries or affiliated organizations and their employees. 

Effective December 31, 2001, with the U.S. Steel spin-off from USX, the Marathon Petroleum Thrift Plan recognizes USX Corporation,
United States Steel LLC, United States Steel Corporation and United States Steel and Carnegie Pension Fund as Affiliated Employers. 
 All provisions applicable to transfers within the USX Controlled Group immediately prior to the December 31, 2001 effective date of the spin-off apply in the same manner to transfers to or from
Affiliated Employers as permitted under the law. 
  

	XXIII.	Rollover Contributions or Direct-Plan Transfer Contributions 

 Upon specific authorization and subject to such terms and conditions as set forth by the Plan Administrator, the Plan may accept Rollover Contributions or Direct-Plan Transfer Contributions as distributed
from other qualified plans of the Company, its affiliates, or other non-affiliated companies. 

  
 40 

 The Plan will accept participant Rollover Contributions and/or direct rollovers of
distributions made after December 31, 2001, from the types of plans specified below, beginning on January 1, 2002. 

Direct Rollovers: The Plan will accept a direct rollover of an eligible rollover distribution from: 

 

	 	•	 	 a qualified plan described in Code Section 401(a) or 403(b), including after-tax employee contributions. 

 

	 	•	 	 an eligible plan under Code Section 457(b) which is maintained by a state, political subdivision of a state, or any agency or instrumentality of a
state or political subdivision of a state. 

 Participant Rollover Contributions from Other Plans: The Plan
will accept a participant contribution of an eligible rollover distribution from: 
  

	 	•	 	 a qualified plan described in Code Section 401(a) or 403(b) of the Code. 

 

	 	•	 	 an eligible plan under Code Section 457(b) which is maintained by a state, political subdivision of a state, or any agency or instrumentality of a
state or political subdivision of a state. 

  

	XXIV.	Top-Heavy Provisions 

 If
the Plan is or becomes “top-heavy” as such term is defined in Code Section 416(g) in any Plan Year beginning after December 31, 1983, the provisions of Appendix A will supersede any conflicting provision of this Plan. 

 

	XXV.	Modification and Termination 

 The right is reserved by the Company to terminate this Plan at any time in its entirety or as to any participating company, or to modify the Plan, either prospectively or retroactively, from time to time
by action of the Board of Directors. 
 Marathon Petroleum Company LP (“the Company”) may exercise its reserved rights
of amendment, modification or termination (i) by written resolution by the Board of Directors of Marathon Petroleum Corporation, (ii) by the General Partner of Marathon Petroleum Company LP, (iii) by written resolution by the
Executive Committee, (iv) by written actions exercised by any other committee, for example the Marathon Petroleum Corporation Salary and Benefits Committee (the “Salary and Benefits Committee”), to which the Board of Directors of
Marathon Petroleum Corporation or the Executive Committee has specifically delegated rights of amendment, modification or termination, or (v) by written actions exercised by any other entity or person to which or to whom the Board of Directors
of Marathon Petroleum Corporation or the Executive Committee 

  
 41 

 
has specifically delegated rights of amendment, modification or termination. 
 The Board of Directors of the Marathon Petroleum Corporation or the Executive Committee has delegated to the Salary and Benefits Committee the authority to make the following types of amendments to the
Plan: 
  

	 	a.	amendment(s) which grant employees vesting credit for services with predecessor employers; or 

 

	 	b.	technical amendment(s) required by applicable laws and regulations, provided the Committee has obtained a written opinion from counsel to that effect; or

  

	 	c.	amendment(s) which are mere classifications of Plan provisions, provided the Committee has obtained a written opinion of counsel to that effect.

 This authority delegated to the Salary and Benefits Committee shall be exercised in writing. 

The Board of Directors of Marathon Petroleum Corporation or the Executive Committee of Marathon Petroleum Corporation has delegated to the
Plan Administrator the authority to make amendments to this Plan as needed regarding any mandated changes evolving from regulations governing the Uniformed Services Employment and Re-employment Rights Act of 1994 (USERRA). 

 

	 	A.	Prospective Modification, Complete Discontinuance of Company Contributions, or Termination 

The Company shall promptly give notice of any prospective modification or termination to all participating companies and to the employees
affected. No prospective modification may reduce the Plan balance of any member as of the effective date of the modification. 

Upon termination of this Plan in its entirety or as to any participating company, or upon the complete discontinuance of employer
contributions hereto, each member affected shall have a fully vested, nonforfeitable right to receive their Plan balance hereunder, including all employer contributions made thereto at such time as permitted by law. 

 

	 	B.	Retroactive Modification 

The Company may modify this Plan in whole or in part, with effect retroactively, in order to preserve its qualification, either alone or
in conjunction with other plans of the Company, under the Code or to comply with ERISA and applicable state or federal regulations. The Company may also modify this Plan in whole or in part with effect retroactively for any other reason, to the
extent permitted by law. If any such modification adversely affects the benefits which have accrued to a member prior to the date such change or modification is adopted by the Company, the Company shall be obligated to provide such benefits outside
the provisions of this Plan. No modification made hereunder shall authorize or permit any part of the Plan funds to be used or diverted to purposes other than those set forth in the 

  
 42 

 
Plan. 
  

	 	C.	Merger 

 This Plan may
not merge or consolidate with, or transfer its assets or liabilities to, any other plan unless each member in the Plan would (if the Plan then terminated) receive a benefit immediately after such merger, consolidation, or transfer which is equal to
or greater than the benefit they would have been entitled to receive immediately before such merger, consolidation, or transfer (if the Plan had been terminated). 
  

	 	D.	Change in Plan Sponsorship 

 In accordance with the exclusive benefit rule of Code Section 401(a), the sponsorship of this Plan may not be transferred from the Company to an unrelated taxpayer unless the transfer is in
connection with a transfer of business assets, operations or employees from the Company to the unrelated taxpayer.” 
  

	XXVI.	Effective Date of the Plan 

The original Plan was initially put into effect November 1, 1953, and as a result of the spin-off of the downstream related business,
this Plan (The Marathon Petroleum Thrift Plan) was created as a spinoff of the original Marathon Oil Company Thrift Plan. 
 This
amended and restated Plan is expressly contingent upon the issuance of a favorable determination letter from the Internal Revenue Service that the Plan continues to constitute a qualified plan under Code Section 401(a), as amended, and that the
Trust created thereunder is exempt from taxation under Code Section 501(a). In the event that the Internal Revenue Service declines to issue such favorable determination letter, this amended and restated Plan shall be treated as having no
effect and the prior Plan to which this amendment and restatement relates shall continue to be maintained pursuant to the terms and provisions thereof as in effect prior to the adoption hereof. 

  
 43 

 Marathon Petroleum Company LP has caused its name to be hereunto subscribed by pursuant to a
delegation of authority to Robert L. Sovine, Jr., Vice President Human Resources, Marathon Oil Corporation. 
  

			
	MARATHON PETROLEUM COMPANY LP
		
	By:	 	     /s/ Robert L. Sovine, Jr.

		 	Robert L. Sovine, Jr.
		
	Date:	 	 6/16/11

  
 44 

 APPENDIX A: PURPOSE AND DEFINITIONS 

 

	I.	Purpose 

 The provisions
of Appendix A of the Marathon Petroleum Thrift Plan (Plan) are to supersede the provisions of the Plan if the Plan is or becomes top-heavy, as defined herein, in any Plan Year beginning after December 31, 2001, and whether the Plan satisfies
the minimum benefits requirements of Section 416(c) of the Code for such years. 
  

	II.	Definitions 

  

	 	A.	“Aggregate Account Balance” means, with respect to each member, the value of all defined contribution plan accounts maintained on behalf of a member (whether
attributable to Employer or employee contributions) after the adjustments in Article IV, Section C of this Appendix. 

  

	 	B.	“Aggregated Group” means a group of plans described in Article IV, Section D of this Appendix. 

 

	 	C.	“Code” means the Internal Revenue Code of 1986, as amended from time to time. 

 

	 	D.	“Compensation” means, with respect to any member, the total compensation paid by the Employer for a Plan Year consistent with the definition of Gross Pay as
used in the Plan. Amounts contributed by the Employer under the Retirement Plan, Thrift Plan, or the Employee Stock Ownership Plan maintained by the Employer (including Pre-Tax contributions made by the employee); any contributions made through the
Contribution Conversion Plan and any contributions to Health Care Spending Accounts and Dependent Care Spending Accounts, will not be considered as Compensation. 

 

	 	E.	“Determination Date” means (1) the last day of the preceding Plan Year, or (2) in the case of the first Plan Year, the last day of such Plan Year.

  

	 	F.	“Employer” includes (as a single employer), for purposes of applying the provisions of this Appendix, all corporations which are members of a controlled group
of corporations (as defined by Code Section 1563(a), determined without regard to Code Sections 1563(a)(4) and 1563(e)(3)(c)). However, the single employer rule does not apply for purposes of determining ownership in the employer with regard to
the identification of Key Employees. 

  

	 	G.	“Key Employee” means an employee or former employee (including any deceased employee) who at any time during the Plan Year that includes the determination
date was an officer of the employer having annual compensation greater than $130,000 (as adjusted under Section 416(i)(1) of the Code for Plan Years beginning after December 31, 2002), a 5-percent owner of the employer, or a 1-percent
owner of the employer having annual compensation of more than $150,000. For this purpose, annual compensation means compensation within the meaning of Section 415(c)(3) of the Code. The determination of who is a key employee will be made in
accordance with Section 416(i)(1) of the Code and the applicable regulations and other guidance of general applicability issued thereunder. 

  

	 	H.	“Member” means any employee of the Employer who elects to participate in the Plan. For purposes of applying the provisions of this Appendix, member includes
Active Members, Members with Accounts in Suspense, Non-employee Members and Retired Members (as those terms are defined in the Plan). 

  

	 	I.	“Non-Key Employee” means any employee or former employee (and their beneficiaries) of the Employer who is not a Key Employee. 

  
 1 

	 	J.	“Plan Year” means the Plan’s accounting year of twelve (12) months commencing on January 1 of each year and ending on December 31.

  

	 	K.	“Super Top-Heavy Group” means a group described in Code Sections 416(g) and 416(h)(2)(B) and summarized in Article IV, Section B of this Appendix.

  

	 	L.	“Super Top-Heavy Plan” means a group described in Code Section 416(h)(2)(B) and summarized in Article IV, Section B of this Appendix.

  

	 	M.	“Top-Heavy Group” means a group described in Code Section 416(g) and summarized in Article IV, Section A of this Appendix. 

 

	 	N.	“Top-Heavy Plan” means a plan described in Code Section 416(g) and summarized in Article IV, Section A of this Appendix. 

 

	III.	Top-Heavy Plan Requirements 

 For any Plan Year during which the Plan is a Top-Heavy Plan, the Plan shall provide: 
  

	 	A.	Special minimum allocation requirements as provided in Article V of this Appendix; 

 

	 	B.	Special vesting requirements as provided in Article VI of this Appendix; and 

 

	 	C.	Special Compensation requirements as defined in Article II, Section D of this Appendix. 

 

	IV.	Determination Of Top-Heavy Status 

  

	 	A.	Top-Heavy Plan or Group 

 This
Plan shall be a Top-Heavy Plan and the Aggregated Group, of which it is a part, shall be a Top-Heavy Group for any Plan Year beginning after December 31, 1983, in which, as of the Determination Date, the sum of: 

 

	 	1.	The present value of the cumulative accrued benefits of Key Employees under all defined benefit plans included in the Aggregated Group, and 

 

	 	2.	The Aggregate Account Balance of Key Employees under all defined contribution plans included in the Aggregated Group, exceeds sixty percent (60%) of the present
value of the cumulative accrued benefits and the Aggregate Account Balances of all Key Employees and Non-Key Employees under this Plan and all qualified plans included in the Aggregated Group. 

If any member is a Non-Key Employee for any Plan Year, but such member was a Key Employee for any prior Plan Year, such member’s
present value of cumulative accrued benefit and/or Aggregate Account Balance shall not be taken into account for purposes of determining whether this Plan is a Top-Heavy or Super Top-Heavy Plan. In addition, for Plan Years beginning after
December 31, 1984, if a member or former member has not performed any services for the Employer maintaining the Plan (other than benefits under the Plan) at any time during the five (5) year period ending on the Determination Date, the
present value of the cumulative accrued benefit and the Aggregate Account Balance for such member or former member shall not be taken into account for purposes of determining whether this Plan is a Top-Heavy or Super Top-Heavy Plan. 

  
 2 

 Present values of accrued benefits and the amounts of account balances of employees as of
the determination date, shall be calculated as follows: 
  

	 	a.	Distributions during year ending on the determination date. The present values of accrued benefits and the amounts of account balances of an employee as of the
determination date shall be increased by the distributions made with respect to the employee under the plan and any plan aggregated with the plan under Section 416(g)(2) of the Code during the 1-year period ending on the determination date. The
preceding sentence shall also apply to distributions under a terminated plan which, had it not been terminated, would have been aggregated with the plan under Section 416(g)(2)(A)(i) of the Code. In the case of a distribution made for a reason
other than separation from service, death, or disability, this provision shall be applied by substituting “5-year period” for “1-year period.” 

 

	 	b.	Employees not performing services during year ending on the determination date. The accrued benefits and accounts of any individual who has not performed services for
the employer during the 1-year period ending on the determination date shall not be taken into account. 

  

	 	B.	Super Top-Heavy Plan or Group 

 This Plan shall be a Super Top-Heavy Plan and the Aggregated Group, of which it is a part, shall be a Super Top-Heavy Group for any Plan Year beginning after December 31, 1983, in which, as of the
Determination Date, the sum of: 
  

	 	1.	The present value of the cumulative accrued benefits of Key Employees under all defined benefit plans included in the Aggregated Group, and 

 

	 	2.	The Aggregate Account Balances of Key Employees under all defined contribution plans included in the Aggregated Group, exceeds ninety percent (90%) of the present
value of the cumulative accrued benefits and the Aggregate Account Balances of all Key Employees and Non-Key Employees under this Plan and all qualified plans included in the Aggregated Group. 

 

	 	C.	Aggregate Account Balance Adjustments 

 A member’s Aggregate Account Balance as of the Determination Date is the sum of: 
  

	 	1.	The member’s balances in the Thrift Plan or other defined contribution plans as of the most recent valuation occurring within a twelve (12) month period
ending on the Determination Date; 

  

	 	2.	 An adjustment for any contributions due as of the Determination Date. Such adjustment shall be the amount of any contributions actually made after the
valuation date but on or 

  
 3 

	 	 
before the Determination Date; 

  

	 	3.	Any distributions to the member from the Plan made within a twelve (12) month period ending on the Determination Date or within the four (4) preceding Plan
Years. For purposes of this paragraph, distributions of employee contributions are included as distributions made by the Plan. In addition, distributions under a terminated plan, which if it had not been terminated would have been required to be
included in an Aggregated Group, will be counted; 

  

	 	4.	Any employee contributions, whether voluntary or mandatory; 

  

	 	5.	With respect to unrelated rollovers and plan-to-plan transfers (ones which are both initiated by the employee and made from a plan maintained by one employer to a plan
maintained by an unrelated employer), if this Plan is the transferor of the rollovers or plan-to-plan transfers, it shall always consider such rollover or plan-to-plan transfer as a distribution for the purposes of this paragraph. If this Plan is
the plan accepting such rollovers or plan-to-plan transfers, it shall not consider such rollovers or plan-to-plan transfers accepted after December 31, 1983, as part of the member’s Aggregate Account Balance. However, rollovers or
plan-to-plan transfers accepted prior to January 1, 1984, shall be considered as part of the member’s Aggregate Account Balance by both the distributing plan and the plan accepting the rollover or transfer; 

 

	 	6.	With respect to related rollovers and plan-to-plan transfers (ones either not initiated by the employee or made to a plan maintained by the same Employer), if this Plan
is the transferor of the rollover or plan-to-plan transfer, it shall not be counted as a distribution for purposes of this Section. If this Plan is the plan accepting such rollover or plan-to-plan transfer, it shall consider such rollover or
plan-to-plan transfer as part of the member’s Aggregate Account Balance, irrespective of the date on which such rollover or plan-to-plan transfer is accepted. 

 

	 	D.	Aggregated Group Rules 

“Aggregated Group” means each plan of the Employer which will be required or permitted to be aggregated for purposes of applying
the top-heavy provisions of this Appendix. 
 A required aggregation consists of each plan of the Employer in which a Key
Employee is a member, and each other plan of the Employer which enables any plan in which a Key Employee participates to meet the requirements of Code Sections 401(a)(4) or 410. In applying the aggregation rules, Code Sections 414(b), 414(c) and
414(m) shall apply such that all employees of all corporations which are members of a controlled group of corporations shall be treated as employed by a single employer. A permissive aggregation is a required aggregation group plus any other
qualified plan or plans in which a member of 

  
 4 

 
the controlled group participates which, when considered as a group with the required aggregation group, would continue to satisfy the requirements of Code Sections 401(a)(4) and 410. 

If the plans included in an Aggregated Group have different Determination Dates, then the determination of whether the plans are top-heavy
for a particular Plan Year is computed by calculating the present value of accrued benefits for all employees separately for each plan as of each plan’s Determination Date. The plans are then aggregated by adding together the results for each
plan as of the Determination Dates for such plans that fall within the same calendar year. 
 In the case where the Aggregated
Group is considered to be a Top-Heavy Group under Article IV, each plan in the group will be considered a Top-Heavy Plan. No plan in the Aggregated Group will be considered a Top-Heavy Plan if the Aggregated Group is not a Top-Heavy Group.

  

	V.	Minimum Contribution And Allocation 

  

	 	A.	Except as provided in (B), (C), (D) and (E) below, for any Plan Year in which the Plan is a Top-Heavy Plan, Employer contributions allocated to any member who
is a Non-Key Employee will not be less than 3% of such employee’s Compensation. The Employer contribution required to obtain this result will be made on behalf of a Non-Key Employee even though the employee failed to make After-Tax
Contributions and/or Pre-Tax Contributions that would otherwise be required. 

 For years beginning January 1,
1987, and thereafter, neither Pre-Tax Contributions nor matching Company Contributions shall be taken into account for purposes of satisfying this minimum contribution requirement. 

Effective for Plan years beginning after December 31, 2001, employer matching contributions shall be taken into account for purposes
of satisfying the minimum contribution requirements of Section 416(c)(2) of the Code and the plan. The preceding sentence shall apply with respect to matching contributions under the plan or, if the plan provides that the minimum contribution
requirement shall be met in another plan, such other plan. Employer matching contributions that are used to satisfy the minimum contribution requirements shall be treated as matching contributions for purposes of the actual contribution percentage
test and other requirements of Section 401(m) of the Code. 
  

	 	B.	No minimum contribution will be required under (A) above on behalf of a member who is not employed by the Employer as of the last day of the Plan Year.

  

	 	C.	 The minimum contribution required under (A) above will not exceed the greatest amount of

  
 5 

	 	 
Employer contributions allocated to any Key Employee for such Plan Year, as determined in accordance with Code Section 416(c)(2)(B). 

 

	 	D.	If a Non-Key Employee participates in this Plan and another defined contribution plan included in the Top-Heavy Group, the minimum contribution required under
(A) above shall not apply to such member to the extent the minimum benefits are provided under the other plan. However, both plans will provide the vesting required by Code Section 416(b) and will limit compensation in providing benefits
as required by Code Section 416(d). 

 If a Non-Key Employee participates in this Plan and a defined benefit
plan which is part of the Aggregated Group that is determined to be a Top-Heavy Group, the defined benefit and defined contribution minimums of Code Section 416(c) will be satisfied by providing each such employee with the defined benefit
minimum established in Section A of Article V of the Appendix to the Marathon Petroleum Retirement Plan. 
  

	 	E.	In lieu of the minimum contributions established in Section A above, if a Non-Key Employee participates in this Plan and a defined benefit plan which is part of the
Aggregated Group that is determined to be a Top-Heavy Group (but not Super Top-Heavy), the Plan Administrator, in his sole discretion, may elect to avoid the adjustments in the limitations under Code Section 415 (as explained in Section G
below) by satisfying the minimum benefit requirements to both types of qualified plans via: 

  

	 	1.	Making a minimum allocation of 4% of Compensation under this Plan, and also satisfying the extra minimum benefit requirement for the defined benefit plan pursuant to
Code Section 416(b)(2)(A); or 

  

	 	2.	Making a minimum allocation of 7 1/2% of Compensation under this Plan without also satisfying the extra minimum benefit requirement for the defined benefit plan.

  

	 	F.	For purposes of Article V of this Appendix, Pre-Tax Contributions will be taken into account in determining Employer contributions for Plan Years beginning after 1984.
Effective January 1, 1987, Pre-Tax Contributions shall be taken into account in determining Employee Contributions made on behalf of Key Employees. They shall not be taken into account for purposes of satisfying the minimum contribution
requirement for Non-Key Employees. 

  

	 	G.	For any Plan Year in which the Plan is a Top-Heavy Plan, 1.0 shall be substituted for 1.25 in Code Section 415(e)(2)(B) and (3)(B) for purposes of the Code
Section 415 limitation unless the extra minimum benefit requirements for defined benefit plans and/or the extra minimum contribution allocations for defined contribution plans are provided pursuant to Code Section 416(h)(2)(A) (as
explained in Section E above). However, for any limitation year in which the Plan is a Super Top-Heavy Plan, 1.0 must be substituted for 1.25 in any event. 

  
 6 

	VI.	Vesting 

 For any Plan
Year beginning after December 31, 2001, in which the Plan is a Top-Heavy Plan, a participant’s accrued benefit derived from employer matching contributions shall be nonforfeitable upon the member’s completion of three years of vesting
service. The three-year vesting schedule applies to all Company Contributions and the earnings thereon, including those accrued before the effective date of Section 416 of the Code and before the Plan became a Top-Heavy Plan. Further, no
reduction in vested benefits may occur in the event the Plan’s status as top-heavy changes for any Plan Year. However, this Article VI does not apply to the accounts of any member who does not receive and is not entitled to receive any
compensation from a participating employer or a member of the controlled group after the Plan has initially become top-heavy and the vested status of such member’s accounts will be determined without regard to this Article VI. 

 

	VII.	Change In Plan’s Top-Heavy Status 

 Any change in the Plan’s benefit structure (including the vesting schedule) resulting from a change in the Plan’s top-heavy status will be handled under procedures ensuring that Code
Section 411(a)(10) is not violated. Thus, the nonforfeitable percentage of the accrued benefit before the Plan ceased to be a Top-Heavy Plan will not be reduced for any member. 

  
 7 

 APPENDIX B: SERVICE WITH ACQUIRED COMPANIES 

Except as otherwise noted, for individuals who became members of the Plan as a direct result of the Company’s acquisition of any of the following
companies (or portions thereof), the service of such individuals which was recognized by such companies (or portions thereof) for purposes of vesting under a defined benefit or defined contribution plan, is recognized as vesting service for purposes
of the Plan: 
 Acquired Companies Prior to July 1, 2011 

 

			
	 Amoco Corporation
 Aurora
Gasoline Company - Option 1*
 - Option 2

Buckeye Pipe Line Company
 Center Terminal
Company - Hartford
 Center Terminal Company - Indianapolis
 Chevron Corporation
 CMS Energy Corporation
 Conoco, Inc.
 Cotton Valley Operators Committee

Ecol, Ltd.
 ExxonMobil Terminal (Charleston,
WV)
 ExxonMobil Terminal (Selma, NC)

Globe Oil and Refining Company
 Haynesville
Operators Committee**
 Husky Oil Company

Joint Venture Company - Ashland Inc. (limited to individuals transferred from Ashland Inc. to Marathon Ashland Petroleum LLC (MAP or any one of MAP’s
participating employers between January 1, 1998 and June 30, 2005.
	  	 Occidental Petroleum Company with CLAM
 Pan Ocean Oil Corporation
 Pennaco Energy, Inc.

Platte Pipe Line Company
 Plymouth Oil
Company
 PPG Industries, Inc.
 R. I. Marketing, Inc. (certain employees transferred to a participating employer)
 Republic Barge
Transportation Company
 Rock Island Refining Corporation
 Ross Oil Corporation
 Signal Oil Company
 Texaco, Inc.
 Unocal
 Ultramar Diamond Shamrock
 Wake Up Oil Company

  

	*	75% of the vesting service recognized by Aurora Gasoline Company is recognized by the Plan for the time period prior to January 1, 1975. 100% of such service is
recognized thereafter. 

	**	50% of the vesting service recognized by Haynesville Operators Committee is recognized by the Plan. 

  
 1 

 APPENDIX C: INVESTMENT OPTIONS 

The following list of eligible investment companies, Marathon Petroleum Corporation Common Stock and Stable Value Fund have been approved by the Plan
Administrator and is current as of the date specified. The list is divided into four tiers: 
 Tier 1 Funds: Core Funds [as
designated under ERISA Section 404(c)]; 
 Tier 2 Funds: Pyramis Core Lifecycle Commingled Pool Funds; 

Tier 3 Funds: Fidelity BrokerageLink; and 
 Tier 4 Funds: Marathon Petroleum Corporation Common Stock (Active Investment Option) and Other Funds (Frozen Investment Options) 
 The prospectus of each fund may be obtained from the recordkeeper and should be read prior to investment in a particular fund. 
 As of August 1, 2009 
 Tier 1 Funds: (Active Investment Options)

  

					
	 FUND NAME
	  	TICKER	  	FUND CODE
	 Marathon Petroleum Stable Value Fund
	  	Not applicable	  	GCMO
	 Columbia Acorn International Fund - Class Z
	  	ACINX	  	OFAT
	 Dimensional Emerging Markets Value Portfolio
	  	DFEVX	  	OKLZ
	 Eaton Vance Large-Cap Value Fund - Class I
	  	EILVX	  	OLHV
	 Fidelity Balanced Fund - Class K
	  	FBAKX	  	2077
	 Fidelity Contrafund® - Class K 
	  	FCNKX	  	2080
	 Fidelity Fund - Class K
	  	FFDKX	  	2088
	 Fidelity Government Income Fund
	  	FGOVX	  	0054
	 Fidelity Growth Company Fund - Class K
	  	FGCKX	  	2090
	 Fidelity International Discovery Fund - Class K
	  	FIDKX	  	2093
	 Fidelity Low-Priced Stock Fund - Class K
	  	FLPKX	  	2095
	 Fidelity Mid-Cap Value Fund
	  	FSMVX	  	0762
	 Fidelity Retirement Government Money Market Portfolio
	  	FGMXX	  	0631
	 Kalmar Growth-With-Value Small Cap Fund
	  	KGSCX	  	OSMF
	 Morgan Stanley Institutional Fund Trust: Mid Cap Growth Portfolio - Class I shares
	  	MPEGX	  	OFMW
	 PIMCO Total Return Fund - Institutional Class
	  	PTTRX	  	OF1P
	
Spartan®
Extended Market Index Fund - Investor Class
	  	FSEMX	  	0398
	
Spartan®
International Index Fund - Investor Class
	  	FSIIX	  	0399
	
Spartan®
U.S. Equity Index Fund - Investor Class
	  	FUSEX	  	0650
	 Vanguard Total Bond Market Index Fund - Institutional Class
	  	VBTIX	  	OQFC
	 Wells Fargo Advantage Small Cap Value Fund - Institutional Class
	  	WFSVX	  	OKWB

  
 1 

 Tier 2 Funds: (Active Investment Options) 

Pyramis Core Lifecycle Commingled Pools 
  

	
	 FUND NAME

	Pyramis Lifecycle 2000 Commingled Pools
	Pyramis Lifecycle 2005 Commingled Pools
	Pyramis Lifecycle 2010 Commingled Pools
	Pyramis Lifecycle 2015 Commingled Pools
	Pyramis Lifecycle 2020 Commingled Pools
	Pyramis Lifecycle 2025 Commingled Pools
	Pyramis Lifecycle 2030 Commingled Pools
	Pyramis Lifecycle 2035 Commingled Pools
	Pyramis Lifecycle 2040 Commingled Pools
	Pyramis Lifecycle 2045 Commingled Pools
	Pyramis Lifecycle 2050 Commingled Pools
	Pyramis Lifecycle 2055 Commingled Pools

 Tier 3 Funds: Fidelity BrokerageLink 

A complete list of Fidelity BrokerageLink investment options can be obtained online at the Fidelity NetBenefitsSM website (www.401k.com) or by calling Fidelity, at 1-866-602-0595.

 Tier 4 Funds: Active Investment Option (Marathon Petroleum Corporation Common Stock) 

and Frozen Investment Options 
 Active Investment Option 
  

					
	 FUND NAME
	  	SYMBOL	 
	 Marathon Petroleum Corporation Common Stock
	  	 	MPC	  

 Frozen Investment Options 
 All funds frozen on June 26, 2009, are no longer active investment options. Frozen investment options may hold balances, but may not receive additional contributions. 

As a result of the spin-off of the downstream related businesses of Marathon Oil Corporation into a freestanding, publicly traded company, effective
July 1, 2011 Marathon Oil Corporation common Stock becomes a passive investment option 

  
 2 

 APPENDIX D: MUTUAL FUND WITHDRAWAL ORDER 

 

							
	Order	  	Mutual Fund	 	 	  	 
	 1
	  	Marathon Stable Value Fund	 	39	  	Baron Growth Fund Institutional Class
	 2
	  	Fidelity® Intermediate Bond Fund	 	40	  	Neuberger Berman Genesis Fund Institutional Class
	 3
	  	Fidelity Asset Manager® 20%	 	41	  	 Neuberger Berman Partners Fund Class
 Institutional

	 4
	  	Fidelity Asset Manager® 50%	 	42	  	Templeton Growth Fund Class Advisor
	 5
	  	Fidelity Asset Manager® 70%	 	43	  	Mutual Global Discovery Fund Class Z
	 6
	  	Janus I	 	44	  	Mutual Shares Fund Class Z
	 7
	  	Vanguard Windsor Fund Admiral Shares	 	45	  	Fidelity U.S. Equity Index Commingled Pool - Class 1
	 8
	  	Templeton Foreign Fund Class Advisor	 	46	  	FPA Crescent Fund
	 9
	  	Invesco Diversified Dividend Fund Institutional Class	 	47	  	 Rice Hall James Micro Cap Portfolio Institutional
 Class

	 10
	  	Janus Twenty Fund Class T	 	48	  	CS Large Cap Blend Fund Common
	 11
	  	Janus Worldwide I	 	49	  	CS Large Cap Blend Fund A
	 12
	  	Spartan® Total Market Index Fund - Investor
Class	 	50	  	Fidelity® Europe Fund
	 13
	  	Fidelity® Capital & Income
Fund	 	51	  	Fidelity® Europe Capital Appreciation
Fund
	 14
	  	Fidelity® GNMA Fund	 	52	  	Fidelity® Global Balanced
Fund
	 15
	  	Fidelity® High Income Fund	 	53	  	Fidelity® China Region Fund
	 16
	  	Fidelity® Intermediate Government Income
Fund	 	54	  	Fidelity® Latin America
Fund
	 17
	  	Fidelity® Investment Grade Bond
Fund	 	55	  	Fidelity® Nordic Fund
	 18
	  	Fidelity® New Markets Income
Fund	 	56	  	Fidelity® Pacific Basin
Fund
	 19
	  	Fidelity® Strategic Income Fund	 	57	  	Fidelity® Emerging Asia
Fund
	 20
	  	Spartan® U.S. Bond Index Fund	 	58	  	Fidelity® Worldwide Fund
	 21
	  	Managers Bond Fund	 	59	  	Fidelity® Canada Fund
	 22
	  	Morgan Stanley Institutional Core Plus Fixed Income Portfolio Class Institutional	 	60	  	 Invesco International Mutual Funds Global Small & Mid
 Cap Growth Fund Institutional Class

	 23
	  	PIMCO Global Bond Fund (Unhedged) Fund Institutional Class	 	61	  	 Morgan Stanley Institutional Emerging Markets Fund
 Class I

	 24
	  	PIMCO High Yield Fund Institutional Class	 	62	  	Templeton Developing Markets Trust Class Advisor
	 25
	  	Templeton Global Bond Fund Advisor Class	 	63	  	Templeton World Fund Class Advisor
	 26
	  	USAA Income Fund	 	64	  	Select Health Care Portfolio
	 27
	  	Fidelity® Convertible Securities
Fund	 	65	  	Select Biotechnology Portfolio
	 28
	  	Fidelity Fifty®	 	66	  	Select Medical Delivery Portfolio
	 29
	  	Fidelity® Four-in-One Index Fund	 	67	  	Select Medical Equipment and Systems Portfolio
	 30
	  	Fidelity® Large Cap Stock Fund	 	68	  	Select Technology Portfolio
	 31
	  	Fidelity® Real Estate Investment
Portfolio	 	69	  	Select Software and Computer Services Portfolio
	 32
	  	Fidelity® Stock Selector Small Cap
Fund	 	70	  	Select Natural Gas Portfolio
	 33
	  	Fidelity® Small Cap Stock Fund	 	71	  	Select Wireless Portfolio
	 34
	  	American Beacon Balanced Fund Institutional Class	 	72	  	Select Consumer Discretionary Portfolio
	 35
	  	American Beacon Large Cap Value Fund Investor Class	 	73	  	Select Consumer Staples Portfolio
	 36
	  	Ariel Appreciation Fund	 	74	  	Select Leisure Portfolio
	 37
	  	Ariel Fund	 	75	  	Select Financial Services Portfolio
	 38
	  	Baron Asset Fund Institutional Class	 	76	  	Select Banking Portfolio

  
 1 

							
	 77
	  	Select Brokerage and Investment Management Portfolio	 	118	  	Fidelity® Leveraged Company Stock Fund -
Class K
	 78
	  	Select Chemicals Portfolio	 	119	  	Fidelity® Magellan® Fund - Class K
	 79
	  	Select Defense and Aerospace Portfolio	 	120	  	Fidelity® Mid-Cap Stock Fund - Class
K
	 80
	  	Select Materials Portfolio	 	121	  	Fidelity® OTC Portfolio - Class
K
	 81
	  	Select Natural Resources Portfolio	 	122	  	Fidelity® Overseas Fund - Class
K
	 82
	  	Select Energy Portfolio	 	123	  	Fidelity® Puritan® Fund - Class K
	 83
	  	Select Energy Service Portfolio	 	124	  	Fidelity® Value Fund - Class
K
	 84
	  	Select Gold Portfolio	 	125	  	Fidelity® Value Discovery Fund - Class
K
	 85
	  	Fidelity® Cash Reserves	 	126	  	Fidelity® Government Income
Fund
	 86
	  	Fidelity® Money Market Trust Retirement
Money Market Portfolio	 	127	  	
Fidelity® Money
Market Trust Retirement
 Government Money Market Portfolio

	 87
	  	Fidelity® Large Cap Value Fund	 	128	  	Spartan® 500 Index Fund - Investor
Class
	 88
	  	Fidelity® Inflation-Protected Bond
Fund	 	129	  	 Morgan Stanley Institutional Mid Cap Growth
 Fund Class I

	 89
	  	Fidelity® Floating Rate High Income
Fund	 	130	  	PIMCO Total Return Fund Institutional Class
	 90
	  	Fidelity® Blue Chip Value Fund	 	131	  	
Spartan® Extended
Market Index Fund - Investor
 Class

	 91
	  	Fidelity® International Real Estate
Fund	 	132	  	Spartan® International Index Fund - Investor
Class
	 92
	  	Fidelity® Small Cap Growth Fund	 	133	  	 Wells Fargo Advantage Small Cap Value Fund
 Class Institutional

	 93
	  	Rainier Small/Mid Cap Equity Portfolio Fund Class Institutional	 	134	  	Fidelity Mid Cap Value Fund
	 94
	  	Calvert Bond Portfolio Class I	 	135	  	Fidelity® Balanced Fund - Class
K
	 95
	  	Artisan International Fund Class Investor	 	136	  	Fidelity® Contrafund® - Class K
	 96
	  	Oakmark Equity and Income Fund Class I	 	137	  	Fidelity® Fund - Class K
	 97
	  	Artisan Mid Cap Value Fund Investor Shares	 	138	  	Fidelity® Growth Company Fund - Class
K
	 98
	  	PIMCO Real Return Fund Institutional Class	 	139	  	Fidelity International Discovery Fund - Class K
	 99
	  	RBC Enterprise Fund Class S	 	140	  	Fidelity® Low-Priced Stock Fund - Class
K
	 100
	  	Allianz NFJ Small-Cap Value Fund Institutional Class	 	141	  	Columbia Acorn International Fund Class Z
	 101
	  	Columbia Acorn Select Fund Class Z	 	142	  	DFA Emerging Markets Value Portfolio Institutional Class
	 102
	  	CRM Mid Cap Value Fund Class Institutional	 	143	  	Eaton Vance Large-Cap Value Fund Class I
	 103
	  	Royce Value Plus Fund Institutional Class	 	144	  	 Vanguard Total Bond Market Index Fund
 Class Institutional

	 104
	  	Virtus Small-Cap Core Fund Class I	 	145	  	Kalmar Growth-With-Value Small Cap Fund
	 105
	  	Spartan® Intermediate Treasury Bond Index
Fund - Investor Class	 	146	  	Pyramis Core Lifecycle 2000 Commingled Pool - Class V
	 106
	  	Fidelity® Growth Strategies Fund - Class
K	 	147	  	Pyramis Core Lifecycle 2005 Commingled Pool - Class V
	 107
	  	Fidelity® Blue Chip Growth Fund - Class
K	 	148	  	Pyramis Core Lifecycle 2010 Commingled Pool - Class V
	 108
	  	Fidelity® Capital Appreciation Fund - Class
K	 	149	  	Pyramis Core Lifecycle 2015 Commingled Pool - Class V
	 109
	  	Fidelity® Diversified International Fund -
Class K	 	150	  	Pyramis Core Lifecycle 2020 Commingled Pool - Class V
	 110
	  	Fidelity® Dividend Growth Fund - Class
K	 	151	  	Pyramis Core Lifecycle 2025 Commingled Pool - Class V
	 111
	  	Fidelity Emerging Markets Fund - Class K	 	152	  	Pyramis Core Lifecycle 2030 Commingled Pool - Class V
	 112
	  	Fidelity® Equity-Income Fund - Class
K	 	153	  	Pyramis Core Lifecycle 2035 Commingled Pool - Class V
	 113
	  	Fidelity® Equity-Income II Fund - Class
K	 	154	  	Pyramis Core Lifecycle 2040 Commingled Pool - Class V
	 114
	  	Fidelity® Export and Multinational Fund -
Class K	 	155	  	Pyramis Core Lifecycle 2045 Commingled Pool - Class V
	 115
	  	Fidelity® Growth & Income Portfolio -
Class K	 	156	  	Pyramis Core Lifecycle 2050 Commingled Pool - Class V
	 116
	  	Fidelity® Growth Discovery Fund - Class
K	 	157	  	Marathon Oil Corporation Stock Fund
	 117
	  	Fidelity® Independence Fund - Class
K	 	158	  	Marathon Petroleum Corporation Stock Fund

  
 2 

 APPENDIX E: MINIMUM DISTRIBUTION REQUIREMENTS 

Section 1. General Rules 
 1.1
Effective Date. The provisions of this appendix will apply for purposes of determining required minimum distributions for calendar years beginning with the 2003 calendar year. 
 1.2 Precedence. The requirements of this appendix will take precedence over any inconsistent provisions of the plan. 
 1.3 Requirements of Treasury Regulations Incorporated. All distributions required under this appendix will be determined and made in accordance with the Treasury Regulations under Section 401(a)(9)
of the Code. 
 1.4 TEFRA Section 242(b)(2) Elections. Notwithstanding the other provisions of this appendix, distributions may be made
under a designation made before January 1, 1984, in accordance with Section 242(b)(2) of the Tax Equity and Fiscal Responsibility Act (TEFRA) and the provisions of the Plan that relate to Section 242(b)(2) of TEFRA. 

Section 2. Time and Manner of Distribution 
 2.1 Required Beginning Date. The participant’s entire interest will be distributed, or begin to be distributed, to the participant no later than the participant’s required beginning date.

 2.2 Death of Participant Before Distributions Begin. If the participant dies before distributions begin, the participant’s entire
interest will be distributed, or begin to be distributed, no later than as follows: 
  

	 	(a)	 If the participant’s surviving spouse is the participant’s sole designated beneficiary, then distributions to the surviving spouse will begin
by December 31 of the calendar year immediately following the calendar year in which the participant died, or by December 31 of the calendar year in which the participant would have attained age 70 1/2, if later. 

 

	 	(b)	If the participant’s surviving spouse is not the participant’s sole designated beneficiary, then distributions to the designated beneficiary will begin by
December 31 of the calendar year immediately following the calendar year in which the participant died. 

  

	 	(c)	If there is no designated beneficiary as of September 30 of the year following the year of the participant’s death, the participant’s entire interest
will be distributed by the second anniversary of the participant’s death. 

  

	 	(d)	If the participant’s surviving spouse is the participant’s sole designated beneficiary and the surviving spouse dies after the participant but before
distributions to the surviving spouse begin, this Section 2.2, other than Section 2.2(a), will apply as if the surviving spouse were the participant. 

 For purposes of this Section 2.2 and Section 4, unless Section 2.2(d) applies, distributions are considered to begin on the participant’s required beginning date. If
Section 2.2(d) applies, distributions are considered to begin on the date distributions are required to begin to the surviving 

  
 3 

 
spouse under Section 2.2(a). If distributions under an annuity purchased from an insurance company irrevocably commence to the participant before the participant’s required beginning
date (or to the participant’s surviving spouse before the date distributions are required to begin to the surviving spouse under Section 2.2(a)), the date distributions are considered to begin is the date distributions actually commence.

 2.3 Forms of Distribution. Unless the participant’s interest is distributed in the form of an annuity purchased from an insurance
company or in a single sum on or before the required beginning date, as of the first distribution calendar year distributions will be made in accordance with Sections 3 and 4 of this appendix. If the participant’s interest is distributed in the
form of an annuity purchased from an insurance company, distributions thereunder will be made in accordance with the requirements of Section 401(a)(9) of the Code and Treasury Regulations. 

Section 3. Required Minimum Distributions During Participant’s Lifetime 
 3.1 Amount of Required Minimum Distribution For Each Distribution Calendar Year. During the participant’s lifetime, the minimum amount that will be distributed for each distribution calendar year is
the lesser of: 
  

	 	(a)	the quotient obtained by dividing the participant’s account balance by the distribution period in the Uniform Lifetime Table set forth in
Section 1.401(a)(9)-9 of the Treasury Regulations, using the participant’s age as of the participant’s birthday in the distribution calendar year; or 

 

	 	(b)	if the participant’s sole designated beneficiary for the distribution calendar year is the participant’s spouse, the quotient obtained by dividing the
participant’s account balance by the number in the Joint and Last Survivor Table set forth in Section 1.401(a)(9)-9 of the Treasury Regulations, using the participant’s and spouse’s attained ages of the participant’s and
spouse’s birthdays in the distribution calendar year. 

 3.2 Lifetime Required Minimum Distributions Continue Through Year of
Participant’s Death. Required minimum distributions will be determined under this section 3 beginning with the first distribution calendar year and up to and including the distribution calendar year that includes the participant’s date of
death. 
 Section 4. Required Minimum Distributions After Participant’s Death 

4.1 Death On or After Date Distributions Begin. 
  

	 	(a)	Participant Survived by Designated Beneficiary. If the participant dies on or after the date distributions begin and there is a designated beneficiary, the minimum
amount that will be distributed for each distribution calendar year after the year of the participant’s death is the quotient obtained by dividing the participant’s account balance by the longer of the remaining life expectancy of the
participant or the remaining life expectancy of the participant’s designated beneficiary, determined as follows: 

  

	 	(1)	The participant’s remaining life expectancy is calculated using the age of the participant in the year of death, reduced by one for each subsequent year.

  

	 	(2)	 If the participant’s surviving spouse is the participant’s sole designated beneficiary, the remaining life expectancy of the surviving spouse
is calculated for each distribution calendar year after the year of the participant’s death using the surviving spouse’s age as of the spouse’s birthday in that year. For distribution calendar years after the year of the surviving
spouse’s death, the remaining life expectancy of the surviving spouse 

  
 4 

	 	 
is calculated using the age of the surviving spouse as of the spouse’s birthday in the calendar year of the spouse’s death, reduced by one for each subsequent calendar year.

  

	 	(3)	If the participant’s surviving spouse is not the participant’s sole designated beneficiary, the designated beneficiary’s remaining life expectancy is
calculated using the age of the beneficiary in the year following the year of the participant’s death, reduced by one for each subsequent year. 

  

	 	(b)	No Designated Beneficiary. If the participant dies on or after the date distributions begin and there is no designated beneficiary as of September 30 of the year
after the year of the participant’s death, the minimum amount that will be distributed for each distribution calendar year after the year of the participant’s death is the quotient obtained by dividing the participant’s account
balance by the participant’s remaining life expectancy calculated using the age of the participant in the year of death, reduced by one for each subsequent year. 

 4.2 Death Before Date Distributions Begin. 
  

	 	(a)	Participant Survived by Designated Beneficiary. Except as provided in the adoption agreement, if the participant dies before the date distributions begin and there is a
designated beneficiary, the minimum amount that will be distributed for each distribution calendar year after the year of the participant’s death is the quotient obtained by dividing the participant’s account balance by the remaining life
expectancy of the participant’s designated beneficiary, determined as provided in Section 4.1. 

  

	 	(b)	No Designated Beneficiary. If the participant dies before the date distributions begin and there is no designated beneficiary as of September 30 of the year
following the year of the participant’s death, distribution of the participant’s entire interest will be completed by the second anniversary of the participant’s death. 

 

	 	(c)	Death of Surviving spouse Before Distributions to Surviving Spouse Are Required to Begin. If the participant dies before the date distributions begin, the
participant’s surviving spouse is the participant’s sole designated beneficiary, and the surviving spouse dies before distributions are required to begin to the surviving spouse under Section 2.2(a), this Section 4.2 will apply
as if the surviving spouse were the participant. 

 Section 5. Definitions 

5.1 Designated beneficiary. The individual who is designated as the beneficiary under Section XVI of the Plan and is the designated beneficiary under
Section 401(a)(9) of the Internal Revenue Code and Section 1.401(a)(9)-1, Q&A-4, of the Treasury Regulations. 
 5.2 Distribution
calendar year. A calendar year for which minimum distribution is required. For distributions beginning before the participant’s death, the first distribution calendar year is the calendar year immediately preceding the calendar year which
contains the participant’s required beginning date. For distributions beginning after the participant’s death, the first distribution calendar year is the calendar year in which distributions are required to begin under Section 2.2.
The required minimum distribution for the participant’s first distribution calendar year will be made on or before the participant’s required beginning date. The required minimum distribution for other distribution calendar years,
including the required minimum distribution for the distribution calendar year in which the participant’s required beginning date occurs, will be made on or before December 31, of that distribution calendar year. 

  
 5 

 5.3 Life expectancy. Life expectancy as computed by use of the Single Life Table in
Section 1.401(a)(9)-9 of the Treasury Regulations. 
 5.4 Participant’s account balance. The account balance as of the last valuation
date in the calendar year immediately preceding the distribution calendar year (valuation calendar year) increased by the amount of any contributions made and allocated or forfeitures allocated to the account balance as of dates in the valuation
calendar year after the valuation date and decreased by distributions made in the valuation calendar year after the valuation date. The account balance for the valuation calendar year includes any amounts rolled over or transferred to the plan
either in the valuation calendar year or in the distribution calendar year if distributed or transferred in the valuation calendar year. 
 5.5 Required beginning date. April 1 of the calendar year following the later of (i) the calendar year in which the participant attains age 70 1/2 or (ii) the calendar year in which the participant retires;
provided, however, that if the participant is a 5% owner of the business, the required beginning date is April 1 of the calendar year following the calendar year in which the participant attains age 70 1/2. 

Section 6. Exceptions to Distribution Requirements Described Elsewhere in Appendix E 
 6.1 Election to Apply 5-Year Rule to Distributions to Designated Non-Spouse Beneficiaries. If the participant dies before distributions begin and there is a designated non-spouse beneficiary, distribution
to the designated non-spouse beneficiary is not required to begin by the date specified in Section 2.2 of Appendix E of the Plan, but the participant’s entire interest will be distributed to the designated non-spouse beneficiary by the
fifth anniversary of the participant’s death. If the participant’s surviving spouse is the participant’s sole designated beneficiary and the surviving spouse dies after the participant but before distributions to either the
participant or the surviving spouse begin, this election will apply as if the surviving spouse were the participant. 
 6.2 Participant Election
to Receive Required Minimum Distribution for 2009. Participants, alternate payees and beneficiaries who would otherwise receive a required minimum distribution under this appendix have the right to elect to receive for 2009: (a) no
distribution, (b) the amount which would, but for this paragraph, have been the required minimum distribution under the Plan for 2009 or (c) any other amount otherwise available under the Plan. If the participant, alternate payee or
beneficiary fails to make an election, then the Plan will make no distribution for 2009 to the participant, alternate payee or beneficiary. 

  
 6 

 APPENDIX F: RULES GOVERNING THE MAKING OF INDIVIDUAL ACCOUNT LOANS 

The Trustee of the Marathon Petroleum Thrift Plan (Plan) is authorized to make loans to members of the Plan and to accept pledges of portions of
members’ Thrift Plan account(s) as security for such loans. Loans may be made to members of the Plan on the following terms and conditions. 
  

	A.	Eligibility of Borrower 

Subject to the limitations set forth in Sections F and G below, a member is eligible for an Individual Account Loan provided the member
has been a member for at least 45 days. 
 For purposes of these Loan Rules, the term “member” shall mean an
Active Member, Member with Account(s) in Suspense, and a Retired Member. In addition, the term “member” shall include a Non-employee Member who is a “party in interest” as defined in the Employee Retirement Income Security Act of
1974, as amended (ERISA). 
  

	 	NOTE:	The term “party in interest” is a technical term which, in general, includes individuals who are fiduciaries with respect to the Plan, who provide service to
the Plan, who have a very significant ownership interest in the employer sponsoring the Plan or who are related, by blood or marriage, to such individuals. 

 

	B.	Type of Loan 

Individual Account Loan - The only loans that are available after January 1, 1993, are Individual Account Loans. A member may
make an application for a new Individual Account Loan on any date which is at least 30 days from the date of the last Individual Account Loan. 
 A member may have up to five loans outstanding at any one time as long as the total of all loans is less than the member’s loan maximum. (See Section G.) 

A member with five outstanding loans who pays off one of the outstanding loans must wait seven calendar days from the date the loan
payment is recorded by Fidelity before initiating a loan. 
  

	C.	Term of Loan 

 The term of
the loan may be in months, from 12 months to 60 months at the member’s election. 
  

	D.	Rate of Interest 

 The
interest rate on Individual Account Loans will be fixed over the life of the loan and will be based on the Prime Rate published in Reuters, updated on a quarterly basis. The rate charged to employees will be the rate in effect at the time the loan
is approved and will be fixed for the entire term of the loan. 
 The interest rates on Individual Account Loans for members on
Military Leave of Absence and on active duty are as follows: 
  

	 	•	 	 The loan interest rate cannot exceed 6% for the duration of the Military Leave of Absence for loans that were outstanding prior to commencement of the
Military Leave of Absence. This 6% cap will become effective on the first date of active duty. 

  

	 	•	 	 The loan interest rate charged on any loan taken by a member while on Military Leave of Absence will be the lesser of the rate in effect at the time
the loan is taken or 6%, and will 

  
 1 

	 	 
be effective for the duration of the leave. The application of payments following the employee’s return to work will be based on the rate at the time the loan was taken.

  

	E.	Source of Loan Funds 

When a member is approved for a loan, a separate investment option will be established to represent the loan. The accounts and investment
options that will be transferred to establish the loan are subject to member election as established by the Plan’s administrative procedures. 
  

	F.	Minimum Loan Amount 

 The
minimum Individual Account Loan is $500. 
  

	G.	Maximum Loan Amount 

 The
maximum of all outstanding loans is an amount equal to the lesser of (1) or (2): 
  

	 	1.	The IRS (Internal Revenue Service)-Based-Limitation; the lesser of (a) or (b): 

 

	 	a.	$50,000, reduced (but not below zero) by: 

  

	 	i.	the member’s highest outstanding balance of all Plan loans during the period beginning 12 months prior to the first day of the month in which an Individual Account
Loan is to be made, minus 

  

	 	ii.	the member’s outstanding balance of all Plan loans on the date an Individual Account Loan is to be made; or 

 

	 	b.	50% of the total dollar value of the member’s vested Plan balance at the time the Individual Account Loan is made. 

 

	 	2.	The DOL (Department of Labor)-Based Limitation; 50% of the total dollar value of the member’s vested Plan balance at the time the Individual Account Loan is made.

 The maximum loan limit is computed on the basis of the member’s latest available vested Plan balance.

 The maximum loan limit shall be modified by the Plan Administrator upon his determination that a modification is necessary to
remain in compliance with any applicable laws or regulations. 
 Payments will be paid back to a member’s account and
invested according to the member’s current investment elections. If a member has MRO stock as an investment election after June 30, 2011, the loan payments will default to MPC stock. 

 

	H.	Required Loan Payments 

As noted below, loan payments must be made by payroll deduction, check or in limited circumstances, electronic loan repayment via a
personal bank account. For Active Members, loan payments must be made by payroll deduction but can be supplemented by checks made payable to the Trustee. Non-employee members are required to make payments by automatic electronic loan repayments from
their bank accounts through the Automated Clearing House (ACH). 

  
 2 

 Any payments by check should be payable to “Fidelity Investments Institutional
Operations Company, Inc.” (FIIOC) and sent to Fidelity Investments, Marathon Petroleum Thrift Plan, P.O. Box 770003, Cincinnati, OH 45277-0065. 
 Substantially level payments on principal and accrued interest will be required to be paid at least quarterly throughout the term of an Individual Account Loan such that the loan is paid off in full by
its normal maturity date. The Trustee will determine the amount of the minimum quarterly payment the member must make over the term of the loan. 
 All scheduled payments received by the Trustee will be applied first to the payment of accrued interest due and any remainder will be applied to the reduction of the unpaid principal balance of the loan.
For members who receive wages or salary from the Company, the minimum quarterly payment amount must be made via substantially equal payroll deductions made each pay period. All prepayments (other than scheduled payments) will be limited to a minimum
of $250 and wholly applied to reduction of principal. 
 Repayments will be allocated back to the accounts in the same proportion
in which they were transferred. Payments will be reinvested in investment options in the same manner as current contributions are invested. 
 As set forth in the Promissory Note signed by the member, there are circumstances under which the Plan Trustee has the right to declare the loan immediately due and payable in full. (See Section J below
for a listing of these circumstances.) 
  

	I.	Security Requirement 

Each loan must be: 
  

	 	1.	Evidenced by a Promissory Note executed by the borrower , and 

  

	 	2.	Secured by a pledge of a portion of the member’s vested account balance equal to the greater of: (a) the principal amount of the Promissory Note at the time
the Individual Account Loan is made, or (b) 50% of the total value of the member’s vested account balance as such balance exists from time to time. 

Participants may evidence their loan and the pledge of their vested account balance either in writing, through
Fidelity’s phone-based voice response system, through Fidelity’s web-based NetBenefitsSM internet site, or such other system approved by the Plan Administrator. The use of a participant’s PIN to secure a loan and pledge a portion of their account balance through a Plan Administrator
approved electronic system shall be considered the equivalent of the participant’s execution of a written document through the use of his or her signature. 
  

	J.	Pledge Provision 

 The
pledge shall provide that the Plan may recover out of the amount pledged by the member for the loan, the amount of principal balance and accrued interest, if any, under the loan: 

 

	 	1.	On or after the 60th day following the borrower’s death; 

  

	 	2.	On or after the 60th day following the borrower’s termination of employment (except for Retired Members and for Non-employee Members who are parties in interest)
from the controlled group of companies which includes Marathon Petroleum Company LP; 

  
 3 

	 	3.	On account of the borrower’s failure to submit required payments on a loan; 

 

	 	4.	On the occurrence of any act or condition which in the opinion of the Plan Administrator jeopardizes the security of the loan. 

The maturity of the member’s Promissory Note is subject to acceleration under any of the above four (4) events. 

Participants may evidence their loan and the pledge of their vested account balance either in writing, through
Fidelity’s phone-based voice response system, through Fidelity’s web-based NetBenefitsSM internet site, or such other system approved by the Plan Administrator. The use of a participant’s PIN to secure a loan and pledge a portion of their account balance through a Plan Administrator
approved electronic system shall be considered the equivalent of the participant’s execution of a written document through the use of his or her signature. 
  

	K.	Loan Defaults 

 Following
the due date of a loan payment, a First and Final Delinquency Notice which includes a “Final Payment Date” will be mailed to members who are delinquent on such payment. The Final Payment Date will be thirty calendar days from the date of
the First and Final Delinquency Notice. If payment is not received by the Final Payment Date, the loan may be placed in default by the Plan Administrator. 
 Once in default, the member will be ineligible for any further loans from the Thrift Plan for a period of six months from the loan default date. 

No administrative actions facilitating the appropriation of pledged property of a member on Military Leave of Absence and on active duty
may be undertaken during the period of active duty and the three-month period immediately thereafter unless authorized by the Thrift Plan member. 
  

	L.	Tax Consequences of Member Loans 

 Code Section 72(p) requires that loans must be repaid within five years and must be amortized (via substantially level payments) over the term of the loan in order to avoid taxable distribution
treatment. 
  

	M.	Loan Application Procedure 

As a requirement for receiving a loan, the member must elect not to have federal income tax withheld in the event that the Internal
Revenue Service treats the loan as a taxable distribution under Code Section 72. In addition, for an Active Member, who at the time of a request for an Individual Account Loan is receiving wages or salary from the Company, the member must
authorize payroll deductions in an amount at least equal to the minimum quarterly payments defined in Section H of these Loan Rules. The member must submit such other forms as may be required under any relevant laws and regulations. 

 

	N.	Status of Loan Account 

Any questions a borrower may have regarding the principal and interest due on the Individual Account Loan at any time should be addressed
to the Fidelity Phone Representative at the toll-free number provided. 
  

	O.	Controlling Law 

 All
loans shall be made with references to and shall be governed by and construed in accordance with the Code, ERISA, and to the extent not preempted by ERISA, the laws of the 

  
 4 

 
State of Ohio. 
  

	P.	Modification and Termination 

 These rules may be modified at any time and from time to time by action of the Plan Administrator. The Plan Administrator reserves the right to suspend or terminate the Plan’s capacity as a lender at
any time. 
 TAKING A LOAN 
 A member can receive a loan by reducing the balance of their account by selling investments equal to the amount of the loan. To take a loan, an employee must: 

 

	 	1.	 Use the Fidelity NetBenefitsSM website (www.401k.com), or 

 

	 	2.	Call Fidelity at 1-866-602-0595 to use the voice response system or talk to a Fidelity representative. 

Loan requests initiated through NetBenefitsSM will be funded on a pro-rata basis across investment options in the following account order: After-tax accounts,
Rollover accounts, Company-match accounts, Pre-Tax, and Catch-Up accounts. Loan requests initiated through
NetBenefitsSM will include the option to elect to have the
proceeds transferred electronically to a bank account. 
 Loan requests initiated via telephone will include
the option to elect the order of distribution among accounts and investment options. If an order of distribution is not elected, the loan request will be funded as described for NetBenefitsSM loan requests. Loan requests initiated via telephone will be mailed to the member’s home. (EFT is not available
for telephone-initiated transactions.) 

  
 5 

 APPENDIX G: RULES GOVERNING ROTH DEFERRALS 

Section 1. General Application 
  

	1.1	This article will apply to contributions beginning with March 1, 2011. 

 

	1.2	As of March 1, 2011, the Plan will accept Roth elective deferrals (referred to in the Plan as “Roth Deferral Contributions”) made on behalf of members. A
member’s Roth Deferral Contributions will be allocated into a separate account maintained for such deferrals as described in section 2 (referred to in the Plan as the “Roth Deferral Contribution Account”). 

 

	1.3	Unless specifically stated otherwise, Roth Deferral Contributions will be treated as elective deferrals for all purposes under the Plan. 

Section 2. Separate Accounting 
 2.1
Contributions and withdrawals for Roth Deferral Contributions will be credited and debited to the Roth Deferral Contribution Account maintained for each member. 
 2.2 The Plan will maintain a record of the amount of Roth Deferral Contributions in each member’s account. 
 2.3 No contributions other than Roth Deferral Contributions and properly attributable earnings will be credited to each member’s Roth Deferral Contribution Account. 

Section 3. Direct Rollovers 
 3.1
Notwithstanding any provision of the Plan or specifically of Article XV to the contrary, a direct rollover of a distribution from a Roth Deferral Contribution Account under the Plan will only be made to another Roth elective deferral account under
an applicable retirement plan described in Code Section 402A(e)(1) or to a Roth IRA described in Code Section 408A, and only to the extent the rollover is permitted under the rules of Code Section 402(c). 

3.2 Notwithstanding any provision of the Plan or specifically of Article XXIII to the contrary, the Plan will accept a rollover contribution to a Roth
Rollover Account only if it is a direct rollover from another Roth elective deferral account under an applicable retirement plan described in Code Section 402A(e)(1) and only to the extent the rollover is permitted under the rules of Code
Section 402(c). 
 3.3 The Plan will not provide for a direct rollover (including an automatic rollover) for distributions from a
member’s Roth Deferral Contribution Account if the amount of the distributions that are eligible rollover distributions are reasonably expected to total less that $200 during a year. Eligible rollover distributions from a member’s Roth
Deferral Contribution Account are taken into account in determining whether the total amount of the member’s account balances under the Plan exceeds $1,000 for purposes of mandatory distributions from the Plan. 

Section 4. Definition 
 5.1 Roth Deferral
Contributions. A Roth Deferral Contribution is an elective deferral that is: 
 (a) Designated irrevocably by the member at the
time of the cash or deferred election as a Roth 

  
 6 

 
Deferral Contribution that is being made in lieu of all or a portion of the Pre-Tax Contributions the member is otherwise eligible to make under the Plan: and 

(b) Treated by the employer as includible in the member’s income at the time the member would have received that amount in cash if
the member had not made a cash or deferred election. 

  
 7Form of Senior Indenture

 Exhibit 4.2 
 [Form of Senior Indenture] 
  

 
 STAR GAS PARTNERS, L.P.

 STAR GAS FINANCE COMPANY 
 as Issuers, 
 any Subsidiary Guarantors party hereto, 

and 

[                      
                  ], 
 as
Trustee 
 INDENTURE 
 Dated as of 
 Debt Securities 

 
  

 CROSS-REFERENCE TABLE 

 

							
	 TIA Section    
	  	 	  	Indenture Section
	 310
	 	(a)	  		  	7.10
		 	(b)	  		  	7.10
		 	(c)	  		  	N.A.
	 311
	 	(a)	  		  	7.11
		 	(b)	  		  	7.11
		 	(c)	  		  	N.A.
	 312
	 	(a)	  		  	5.01
		 	(b)	  		  	5.02
		 	(c)	  		  	5.02
	 313
	 	(a)	  		  	5.03
		 	(b)	  		  	5.03
		 	(c)	  		  	13.03
		 	(d)	  		  	5.03
	 314
	 	(a)	  		  	4.05
		 	(b)	  		  	N.A.
		 	(c)(1)	  		  	13.05
		 	(c)(2)	  		  	13.05
		 	(c)(3)	  		  	N.A.
		 	(d)	  		  	N.A.
		 	(e)	  		  	13.05
		 	(f)	  		  	N.A.
	 315
	 	(a)	  		  	7.01
		 	(b)	  		  	6.07 & 13.03
		 	(c)	  		  	7.01
		 	(d)	  		  	7.01
		 	(e)	  		  	6.08
	 316
	 	(a) (last sentence)	  		  	1.01
		 	(a)(1)(A)	  		  	6.06
		 	(a)(1)(B)	  		  	6.06
		 	(a)(2)	  		  	9.01(d)
		 	(b)	  		  	6.04
		 	(c)	  		  	5.04
	 317
	 	(a)(1)	  		  	6.02
		 	(a)(2)	  		  	6.02
		 	(b)	  		  	4.04
	 318
	 	(a)	  		  	13.07

 N.A. means Not Applicable 
 NOTE: This Cross-Reference table shall not, for any purpose, be deemed part of this Indenture. 

  
 i 

 TABLE OF CONTENTS 

 

							
	 	  	 	  	Page	 
	 ARTICLE I
 DEFINITIONS AND INCORPORATION BY REFERENCE
	   

  

			
	 Section 1.01
	  	Definitions	  	 	1	  
	 Section 1.02
	  	Other Definitions	  	 	6	  
	 Section 1.03
	  	Incorporation by Reference of Trust Indenture Act	  	 	6	  
	 Section 1.04
	  	Rules of Construction	  	 	6	  
	
	ARTICLE II	  
	DEBT SECURITIES	  
			
	 Section 2.01
	  	Forms Generally	  	 	7	  
	 Section 2.02
	  	Form of Trustee’s Certificate of Authentication	  	 	7	  
	 Section 2.03
	  	Principal Amount; Issuable in Series	  	 	8	  
	 Section 2.04
	  	Execution of Debt Securities	  	 	10	  
	 Section 2.05
	  	Authentication and Delivery of Debt Securities	  	 	10	  
	 Section 2.06
	  	Denomination of Debt Securities	  	 	12	  
	 Section 2.07
	  	Registration of Transfer and Exchange	  	 	12	  
	 Section 2.08
	  	Temporary Debt Securities	  	 	13	  
	 Section 2.09
	  	Mutilated, Destroyed, Lost or Stolen Debt Securities	  	 	14	  
	 Section 2.10
	  	Cancellation of Surrendered Debt Securities	  	 	15	  
	 Section 2.11
	  	Provisions of the Indenture and Debt Securities for the Sole Benefit of the Parties and the Holders	  	 	15	  
	 Section 2.12
	  	Payment of Interest; Interest Rights Preserved	  	 	15	  
	 Section 2.13
	  	Securities Denominated in Dollars	  	 	16	  
	 Section 2.14
	  	Wire Transfers	  	 	16	  
	 Section 2.15
	  	Securities Issuable in the Form of a Global Security	  	 	16	  
	 Section 2.16
	  	Medium Term Securities	  	 	18	  
	 Section 2.17
	  	Defaulted Interest	  	 	19	  
	 Section 2.18
	  	CUSIP Numbers	  	 	20	  
	
	ARTICLE III	  
	REDEMPTION OF DEBT SECURITIES	  
			
	 Section 3.01
	  	Applicability of Article	  	 	20	  
	 Section 3.02
	  	Notice of Redemption; Selection of Debt Securities	  	 	20	  
	 Section 3.03
	  	Payment of Debt Securities Called for Redemption	  	 	21	  
	 Section 3.04
	  	Mandatory and Optional Sinking Funds	  	 	22	  
	 Section 3.05
	  	Redemption of Debt Securities for Sinking Fund	  	 	22	  
	
	ARTICLE IV	  
	PARTICULAR COVENANTS OF THE ISSUERS	  
			
	 Section 4.01
	  	Payment of Principal of, and Premium, If Any, and Interest on, Debt Securities	  	 	24	  

  
 ii 

 TABLE OF CONTENTS CONTINUED 

 

							
	 	  	 	  	Page	 
			
	Section 4.02	  	Maintenance of Offices or Agencies for Registration of Transfer, Exchange and Payment of Debt Securities	  	 	24	  
	Section 4.03	  	Appointment to Fill a Vacancy in the Office of Trustee	  	 	25	  
	Section 4.04	  	Duties of Paying Agents, etc.	  	 	25	  
	Section 4.05	  	SEC Reports; Financial Statements	  	 	26	  
	Section 4.06	  	Compliance Certificate	  	 	26	  
	Section 4.07	  	Further Instruments and Acts	  	 	27	  
	Section 4.08	  	Existence	  	 	27	  
	Section 4.09	  	Maintenance of Properties	  	 	27	  
	Section 4.10	  	Payment of Taxes and Other Claims	  	 	27	  
	Section 4.11	  	Waiver of Certain Covenants	  	 	27	  
	
	ARTICLE V	  
	HOLDERS’ LISTS AND REPORTS BY THE TRUSTEE	  
			
	Section 5.01	  	Issuers to Furnish Trustee Information as to Names and Addresses of Holders; Preservation of Information	  	 	28	  
	Section 5.02	  	Communications to Holders	  	 	28	  
	Section 5.03	  	Reports by Trustee	  	 	28	  
	Section 5.04	  	Record Dates for Action by Holders	  	 	29	  
	
	ARTICLE VI	  
	REMEDIES OF THE TRUSTEE AND HOLDERS IN EVENT OF DEFAULT	  
			
	Section 6.01	  	Events of Default	  	 	29	  
	Section 6.02	  	Collection of Debt by Trustee, etc.	  	 	31	  
	Section 6.03	  	Application of Moneys Collected by Trustee	  	 	32	  
	Section 6.04	  	Limitation on Suits by Holders	  	 	33	  
	Section 6.05	  	Remedies Cumulative; Delay or Omission in Exercise of Rights Not a Waiver of Default	  	 	34	  
	Section 6.06	  	Rights of Holders of Majority in Principal Amount of Debt Securities to Direct Trustee and to Waive Default	  	 	34	  
	Section 6.07	  	Trustee to Give Notice of Events of Defaults Known to It, but May Withhold Such Notice in Certain Circumstances	  	 	35	  
	Section 6.08	  	Requirement of an Undertaking to Pay Costs in Certain Suits under the Indenture or Against the Trustee	  	 	35	  
	
	ARTICLE VII	  
	CONCERNING THE TRUSTEE	  
			
	Section 7.01	  	Certain Duties and Responsibilities	  	 	35	  
	Section 7.02	  	Certain Rights of Trustee	  	 	37	  
	Section 7.03	  	Trustee Not Liable for Recitals in Indenture or in Debt Securities	  	 	38	  

  
 iii

 TABLE OF CONTENTS CONTINUED 

 

							
	 	  	 	  	Page	 
			
	Section 7.04	  	Trustee, Paying Agent or Registrar May Own Debt Securities	  	 	38	  
	Section 7.05	  	Moneys Received by Trustee to Be Held in Trust	  	 	38	  
	Section 7.06	  	Compensation and Reimbursement	  	 	38	  
	Section 7.07	  	Right of Trustee to Rely on an Officers’ Certificate Where No Other Evidence Specifically Prescribed	  	 	39	  
	Section 7.08	  	Separate Trustee; Replacement of Trustee	  	 	39	  
	Section 7.09	  	Successor Trustee by Merger	  	 	40	  
	Section 7.10	  	Eligibility; Disqualification	  	 	41	  
	Section 7.11	  	Preferential Collection of Claims Against Issuers	  	 	41	  
	Section 7.12	  	Compliance with Tax Laws	  	 	41	  
	
	ARTICLE VIII	  
	CONCERNING THE HOLDERS	  
			
	Section 8.01	  	Evidence of Action by Holders	  	 	41	  
	Section 8.02	  	Proof of Execution of Instruments and of Holding of Debt Securities	  	 	41	  
	Section 8.03	  	Who May Be Deemed Owner of Debt Securities	  	 	42	  
	Section 8.04	  	Instruments Executed by Holders Bind Future Holders	  	 	42	  
	
	ARTICLE IX	  
	SUPPLEMENTAL INDENTURES	  
			
	Section 9.01	  	Purposes for Which Supplemental Indenture May Be Entered into Without Consent of Holders	  	 	43	  
	Section 9.02	  	Modification of Indenture with Consent of Holders of Debt Securities	  	 	44	  
	Section 9.03	  	Effect of Supplemental Indentures	  	 	45	  
	Section 9.04	  	Debt Securities May Bear Notation of Changes by Supplemental Indentures	  	 	46	  
	
	ARTICLE X	  
	CONSOLIDATION, MERGER, SALE OR CONVEYANCE	  
			
	Section 10.01	  	Consolidations and Mergers of the Issuers	  	 	46	  
	Section 10.02	  	Rights and Duties of Successor Company	  	 	46	  
	
	ARTICLE XI	  
	SATISFACTION AND DISCHARGE OF INDENTURE; DEFEASANCE; UNCLAIMED MONEYS	  
			
	Section 11.01	  	Applicability of Article	  	 	47	  
	Section 11.02	  	Satisfaction and Discharge of Indenture; Defeasance	  	 	47	  
	Section 11.03	  	Conditions of Defeasance	  	 	48	  
	Section 11.04	  	Application of Trust Money	  	 	49	  
	Section 11.05	  	Repayment to Issuers	  	 	49	  
	Section 11.06	  	Indemnity for U.S. Government Obligations	  	 	50	  

  
 iv 

 TABLE OF CONTENTS CONTINUED 

 

							
	 	  	 	  	Page	 
			
	Section 11.07	  	Reinstatement	  	 	50	  
	
	ARTICLE XII	  
	[RESERVED]	  
	
	ARTICLE XIII	  
	MISCELLANEOUS PROVISIONS	  
			
	Section 13.01	  	Successors and Assigns of Issuers Bound by Indenture	  	 	50	  
	Section 13.02	  	Acts of Board, Committee or Officer of Successor Issuer Valid	  	 	50	  
	Section 13.03	  	Required Notices or Demands	  	 	50	  
	Section 13.04	  	Indenture and Debt Securities to Be Construed in Accordance with the Laws of the State of New York	  	 	51	  
	Section 13.05	  	Officers’ Certificate and Opinion of Counsel to Be Furnished upon Application or Demand by the Issuers	  	 	52	  
	Section 13.06	  	Payments Due on Legal Holidays	  	 	52	  
	Section 13.07	  	Provisions Required by TIA to Control	  	 	52	  
	Section 13.08	  	Computation of Interest on Debt Securities	  	 	52	  
	Section 13.09	  	Rules by Trustee, Paying Agent and Registrar	  	 	53	  
	Section 13.10	  	No Recourse Against Others	  	 	53	  
	Section 13.11	  	Severability	  	 	53	  
	Section 13.12	  	Effect of Headings	  	 	53	  
	Section 13.13	  	Indenture May Be Executed in Counterparts	  	 	53	  
	
	ARTICLE XIV	  
	GUARANTEE	  
			
	Section 14.01	  	Unconditional Guarantee	  	 	53	  
	Section 14.02	  	Execution and Delivery of Guarantee	  	 	55	  
	Section 14.03	  	Limitation on Subsidiary Guarantors’ Liability	  	 	55	  
	Section 14.04	  	Release of Subsidiary Guarantors from Guarantee	  	 	56	  
	Section 14.05	  	Subsidiary Guarantor Contribution	  	 	56	  

 Notation of Guarantee Annex A 

  
 v 

 THIS INDENTURE dated as of
             is among Star Gas Partners, L.P., a Delaware limited partnership (the “Partnership”), Star Gas Finance Company (“Finance Corp.,” and together with the
Partnership, the “Issuers”), any Subsidiary Guarantors (as defined herein) party hereto and [            ], a
            , as trustee (the “Trustee”). 
 RECITALS OF
THE ISSUERS AND ANY SUBSIDIARY GUARANTORS 
 The Issuers and any Subsidiary Guarantors have duly authorized the execution
and delivery of this Indenture to provide for the issuance from time to time of the Issuers’ debentures, notes, bonds or other evidences of indebtedness to be issued in one or more series unlimited as to principal amount (herein called the
“Debt Securities”), which Debt Securities may be guaranteed by each of the Subsidiary Guarantors, as in this Indenture provided. 
 All things necessary to make this Indenture a valid agreement of the Issuers and any Subsidiary Guarantors, in accordance with its terms, have been done. 

NOW, THEREFORE, THIS INDENTURE WITNESSETH 
 That in order to declare the terms and conditions upon which the Debt Securities are authenticated, issued and delivered, and in consideration of the premises, and of the purchase and acceptance of the
Debt Securities by the Holders thereof, the Issuers, any Subsidiary Guarantor and the Trustee covenant and agree with each other, for the benefit of the respective Holders from time to time of the Debt Securities or any series thereof, as follows:

 ARTICLE I 
 DEFINITIONS AND INCORPORATION BY REFERENCE 
 Section 1.01
Definitions. 
 “Affiliate” of any specified Person means any other Person directly or indirectly controlling
or controlled by or under direct or indirect common control with such specified Person. For the purposes of this definition, “control” when used with respect to any specified Person means the power to direct the management and policies of
such Person, directly or indirectly, whether through the ownership of voting securities, by contract or otherwise; and the terms “controlling” and “controlled” have meanings correlative to the foregoing. The Trustee may request
and may conclusively rely upon an Officers’ Certificate to determine whether any Person is an Affiliate of any specified Person. 
 “Agent” means any Registrar or paying agent. 
 “Bankruptcy
Law” means Title 11, U.S. Code or any similar federal or state law for the relief of debtors. 
 “Board of
Directors” means, (i) with respect to Finance Corp., the board of directors of the corporation or any committee thereof duly authorized to act on behalf of such board, (ii) with respect to the Partnership, the Board of Directors of
the General Partner or any authorized committee of the Board of Directors of the General Partner or any directors and/or officers of the General Partner to whom such Board of Directors or such committee shall have duly delegated

 
its authority to act hereunder. If the Partnership shall change its form of entity to other than a limited partnership, the references to the Board of Directors of the General Partner shall mean
the Board of Directors (or other comparable governing body) of the Partnership. 
 “Business Day” means any day other
than a Legal Holiday. 
 “capital stock” of any Person means and includes any and all shares, rights to purchase,
warrants or options (whether or not currently exercisable), participations or other equivalents of or interests in (however designated) the equity (which includes, but is not limited to, common stock, preferred stock and partnership and joint
venture interests) of such Person (excluding any debt securities that are convertible into, or exchangeable for, such equity). 

“Custodian” means any receiver, trustee, assignee, liquidator or similar official under any Bankruptcy Law. 

“Debt” of any Person at any date means any obligation created or assumed by such Person for the repayment of borrowed money and
any guarantee thereof. 
 “Debt Security” or “Debt Securities” has the meaning stated in the first recital
of this Indenture and more particularly means any debt security or debt securities, as the case may be, of any series authenticated and delivered under this Indenture. 
 “Default” means any event, act or condition that is, or after notice or the passage of time or both would be, an Event of Default. 

“Depositary” means, unless otherwise specified by the Issuers pursuant to either Section 2.03 or 2.15, with respect to
Debt Securities of any series issuable or issued in whole or in part in the form of one or more Global Securities, The Depository Trust Company, New York, New York, or any successor thereto registered as a clearing agency under the Exchange Act or
other applicable statute or regulations. 
 “Dollar” or “$” means such currency of the United States as at
the time of payment is legal tender for the payment of public and private debts. 
 “Exchange Act” means the
Securities Exchange Act of 1934, as amended, and any successor statute. 
 “Finance Corp.” means the Person named as
“Finance Corp.” in the first paragraph of this instrument until a successor Person shall have become such pursuant to the applicable terms of this Indenture, and thereafter “Finance Corp.” shall mean such successor Person.

 “Floating Rate Security” means a Debt Security that provides for the payment of interest at a variable rate
determined periodically by reference to an interest rate index specified pursuant to Section 2.03. 
 “GAAP”
means generally accepted accounting principles in the United States, as in effect from time to time. 

  
 2 

 “General Partner” means Kestrel Heat LLC, a Delaware limited liability company,
and its successors and permitted assigns as general partner of the Partnership or as the business entity with the ultimate authority to manage the business and operations of the Partnership. 

“Global Security” means with respect to any series of Debt Securities issued hereunder, a Debt Security which is executed by
the Issuers and authenticated and delivered by the Trustee to the Depositary or pursuant to the Depositary’s instruction, all in accordance with this Indenture and any Indentures supplemental hereto, or resolution of the Board of Directors and
set forth in an Officers’ Certificate, which shall be registered in the name of the Depositary or its nominee and which shall represent, and shall be denominated in an amount equal to the aggregate principal amount of, all the Outstanding Debt
Securities of such series or any portion thereof, in either case having the same terms, including, without limitation, the same original issue date, date or dates on which principal is due and interest rate or method of determining interest.

 “guarantee” means any obligation, contingent or otherwise, of any Person directly or indirectly guaranteeing any
Debt or other obligation of any other Person and any obligation, direct or indirect, contingent or otherwise, of such Person (a) to purchase or pay (or advance or supply funds for the purchase or payment of) such Debt or other obligation of
such other Person (whether arising by virtue of partnership arrangements, or by agreement to keep-well, to purchase assets, goods, securities or services, to take-or-pay, or to maintain financial statement conditions or otherwise) or
(b) entered into for purposes of assuring in any other manner the obligee of such Debt or other obligation of the payment thereof or to protect such obligee against loss in respect thereof (in whole or in part); provided, however, that the term
“guarantee” shall not include endorsements for collection or deposit in the ordinary course of business. The term “guarantee” used as a verb has a corresponding meaning. 

“Holder,” “Holder of Debt Securities” or other similar terms means, a Person in whose name a Debt Security is
registered in the Debt Security Register (as defined in Section 2.07(a)). 
 “Indenture” means this instrument as
originally executed, or, if amended or supplemented as herein provided, as so amended or supplemented and shall include the form and terms of particular series of Debt Securities as contemplated hereunder, whether or not a supplemental Indenture is
entered into with respect thereto. 
 “Issuers” means the Partnership and Finance Corp. 

“Issuer Order” means a written request or order signed on behalf of each of the Issuers by one of its Officers and delivered to
the Trustee. 
 “Legal Holiday” means a Saturday, a Sunday or a day on which banking institutions in the City of New
York, New York are authorized by law, regulation or executive order to remain closed. If a payment date is a Legal Holiday at a Place of Payment, payment may be made at that place on the next succeeding day that is not a Legal Holiday, and no
interest shall accrue for the intervening period. 
 “Lien” means, with respect to any asset, any mortgage, lien,
security interest, pledge, charge or other encumbrance of any kind in respect of such asset, whether or not filed, recorded or otherwise perfected under applicable law. 

  
 3 

 “Officer” means, with respect to any Person, the Chairman of the Board, the Chief
Executive Officer, the President, the Chief Financial Officer, or any Vice President or, if such Person is a limited partnership, the general partner of such Person. 
 “Officers’ Certificate” means a certificate signed on behalf of each Issuer by any two of its Officers, one of whom must be the principal executive officer, the principal financial officer
or the principal accounting officer of such Issuer, that meets the requirements of Section 13.05 hereof. 
 “Opinion
of Counsel” means a written opinion from legal counsel who is acceptable to the Trustee. The counsel may be an employee of or counsel to the Partnership or the Trustee. 
 “Original Issue Discount Debt Security” means any Debt Security which provides for an amount less than the principal amount thereof to be due and payable upon a declaration of acceleration of
the maturity thereof pursuant to Section 6.01. 
 “Outstanding,” when used with respect to any series of Debt
Securities, means, as of the date of determination, all Debt Securities of that series theretofore authenticated and delivered under this Indenture, except: 
 (a) Debt Securities of that series theretofore canceled by the Trustee or delivered to the Trustee for cancellation; 

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

(c) Debt Securities of that series which have been paid pursuant to Section 2.09 or in exchange for or in lieu of
which other Debt Securities have been authenticated and delivered pursuant to this Indenture, other than any such Debt Securities in respect of which there shall have been presented to the Trustee proof satisfactory to it that such Debt Securities
are held by a protected purchaser in whose hands such Debt Securities are valid obligations of the Issuers; 
 provided, however, that in
determining whether the Holders of the requisite principal amount of the Outstanding Debt Securities of any series have given any request, demand, authorization, direction, notice, consent or waiver hereunder, Debt Securities owned by either of the
Issuers or any other obligor upon the Debt Securities or any Affiliate of the Partnership or of such other obligor shall be disregarded and deemed not to be Outstanding, except that, in determining whether the Trustee shall be protected in relying
upon any such request, demand, authorization, direction, notice, consent or waiver, only Debt Securities which a Trust Officer actually knows to be so owned shall be so disregarded. Debt Securities so owned which have been pledged in good faith may
be regarded as Outstanding if the pledgee establishes to the satisfaction of the Trustee the pledgee’s right so to act with respect to such Debt Securities and that the pledgee is not an Issuer or any other obligor upon the Debt Securities or
an Affiliate of the Partnership or of such 

  
 4 

 
other obligor. In determining whether the Holders of the requisite principal amount of Outstanding Debt Securities have given any request, demand, authorization, direction, notice, consent or
waiver hereunder, the principal amount of an Original Issue Discount Debt Security that shall be deemed to be Outstanding for such purposes shall be the amount of the principal thereof that would be due and payable as of the date of such
determination upon a declaration of acceleration of the maturity thereof pursuant to Section 6.01. 

“Partnership” means the Person named as the “Partnership” in the first paragraph of this instrument until a successor
Person shall have become such pursuant to the applicable provisions of this Indenture, and thereafter “Partnership” shall mean such successor Person. 
 “Person” means any individual, corporation, partnership, joint venture, limited liability company, incorporated or unincorporated association, joint-stock company, trust, unincorporated
organization or government or other agency or political subdivision thereof or other entity of any kind. 
 “Redemption
Date,” when used with respect to any Debt Security to be redeemed, means the date fixed for such redemption by or pursuant to this Indenture. 
 “SEC” means the Securities and Exchange Commission. 
 “Securities
Act” means the Securities Act of 1933, as amended, and any successor statute. 
 “Stated Maturity” means, with
respect to any security, the date specified in such security as the fixed date on which the payment of principal of such security is due and payable, including pursuant to any mandatory redemption provision (but excluding any provision providing for
the repurchase of such security at the option of the holder thereof upon the happening of any contingency beyond the control of the issuer unless such contingency has occurred). 

“Subsidiary” of any Person means: 
  

	 	(1)	any corporation, association or other business entity of which more than 50% of the total voting power of equity interests entitled, without regard to the occurrence of
any contingency, to vote in the election of directors, managers, trustees or equivalent Persons thereof is at the time of determination owned or controlled, directly or indirectly, by such Person or one or more of the other Subsidiaries of such
Person or combination thereof; or 

  

	 	(2)	in the case of a partnership, more than 50% of the partners’ equity interests, considering all partners’ equity interests as a single class, is at such time
of determination owned or controlled, directly or indirectly, by such Person or one or more of the other Subsidiaries of such Person or combination thereof. 

 “Subsidiary Guarantors” means any Subsidiary of the Partnership (except Finance Corp.) who may execute this Indenture, or a supplement hereto, for the purpose of providing a Guarantee of Debt
Securities pursuant to this Indenture until a successor Person shall have 

  
 5 

 
become such pursuant to the applicable provisions of this Indenture, and thereafter “Subsidiary Guarantors” shall mean such successor Person. 

“TIA” means the Trust Indenture Act of 1939, as amended (15 U.S.C. §§ 77aaa-77bbbb), as in effect on the date of this
Indenture as originally executed and, to the extent required by law, as amended. 
 “Trustee” initially means
[                    ] and any other Person or Persons appointed as such from time to time pursuant to Section 7.08, and, subject to the
provisions of Article VII, includes its or their successors and assigns. If at any time there is more than one such Person, “Trustee” as used with respect to the Debt Securities of any series shall mean the Trustee with respect to the Debt
Securities of that series. 
 “Trust Officer” means any officer or assistant officer of the Trustee assigned by the
Trustee to administer its corporate trust matters. 
 “United States” means the United States of America (including
the States and the District of Columbia), its territories, its possessions and other areas subject to its jurisdiction. 

“U.S. Government Obligations” means direct obligations of the United States of America, obligations on which the payment of
principal and interest is fully guaranteed by the United States of America or obligations or guarantees for the payment of which the full faith and credit of the United States of America is pledged. 

“Yield to Maturity” means the yield to maturity, calculated at the time of issuance of a series of Debt Securities, or, if
applicable, at the most recent redetermination of interest on such series and calculated in accordance with accepted financial practice. 
 Section 1.02 Other Definitions. 
  

			
	 Term
	  	Defined in
Section
	 “Debt Security Register”
	  	2.07
	 “Defaulted Interest”
	  	2.17
	 “Event of Default”
	  	6.01
	 “Funding Guarantor”
	  	14.05
	 “Guarantee”
	  	14.01
	 “Place of Payment”
	  	2.03
	 “Registrar”
	  	2.07
	 “Successor Company”
	  	10.01

 Section 1.03 Incorporation by Reference of Trust Indenture Act. Whenever this Indenture
refers to a provision of the TIA, the provision is incorporated by reference in and made a part of this Indenture. 
 All terms
used in this Indenture that are defined by the TIA, defined by TIA reference to another statute or defined by SEC rule under the TIA have the meanings so assigned to them. 
 Section 1.04 Rules of Construction. Unless the context otherwise requires: 

  
 6 

 (a) a term has the meaning assigned to it; 

(b) an accounting term not otherwise defined has the meaning assigned to it in accordance with GAAP; 

(c) “or” is not exclusive; 

(d) words in the singular include the plural, and in the plural include the singular; 

(e) provisions apply to successive events and transactions; and 

(f) the principal amount of any noninterest bearing or other discount security at any date shall be the principal amount
thereof that would be shown on a balance sheet of the issuer dated such date prepared in accordance with GAAP. 
 ARTICLE II

 DEBT SECURITIES 
 Section 2.01 Forms Generally. The Debt Securities of each series shall be in substantially the form established without the approval of any Holder by or pursuant to a resolution of the Board
of Directors of each Issuer or in one or more Indentures supplemental hereto, in each case with such appropriate insertions, omissions, substitutions and other variations as are required or permitted by this Indenture, and may have such letters,
numbers or other marks of identification and such legends or endorsements placed thereon as the Issuers may deem appropriate (and, if not contained in a supplemental Indenture entered into in accordance with Article IX, as are not prohibited by the
provisions of this Indenture) or as may be required or appropriate to comply with any law or with any rules made pursuant thereto or with any rules of any securities exchange on which such series of Debt Securities may be listed, or to conform to
general usage, or as may, consistently herewith, be determined by the officers executing such Debt Securities as evidenced by their execution of the Debt Securities. 
 The definitive Debt Securities of each series shall be printed, lithographed or engraved on steel engraved borders or may be produced in any other manner, all as determined by the officers executing such
Debt Securities, as evidenced by their execution of such Debt Securities. 
 Section 2.02 Form of Trustee’s
Certificate of Authentication. The Trustee’s certificate of authentication on all Debt Securities authenticated by the Trustee shall be in substantially the following form: 

TRUSTEE’S CERTIFICATE OF AUTHENTICATION 
 This is one of the Debt Securities of the series designated therein referred to in the within-mentioned Indenture. 

 

			
	[                    ],

  
 7 

 
			
	as Trustee
		
	By:	 	 
		 	Authorized Signatory

 Section 2.03 Principal Amount; Issuable in Series. The aggregate principal amount of
Debt Securities which may be issued, executed, authenticated, delivered and outstanding under this Indenture is unlimited. 

The Debt Securities may be issued in one or more series in fully registered form. There shall be established, without the approval of any
Holders, in or pursuant to a resolution of the Board of Directors of each Issuer and set forth in an Officers’ Certificate, or established in one or more Indentures supplemental hereto, prior to the issuance of Debt Securities of any series any
or all of the following: 
 (a) the title of the Debt Securities of the series (which shall distinguish the Debt
Securities of the series from all other Debt Securities); 
 (b) any limit upon the aggregate principal amount of
the Debt Securities of the series which may be authenticated and delivered under this Indenture (except for Debt Securities authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Debt Securities of the
series pursuant to this Article II); 
 (c) the date or dates on which the principal of and premium, if any, on
the Debt Securities of the series are payable; 
 (d) the rate or rates (which may be fixed or variable) at which
the Debt Securities of the series shall bear interest, if any, or the method of determining such rate or rates, the date or dates from which such interest shall accrue, the interest payment dates on which such interest shall be payable, or the
method by which such date will be determined, the record dates for the determination of Holders thereof to whom such interest is payable; and the basis upon which interest will be calculated if other than that of a 360-day year of twelve thirty-day
months; 
 (e) the place or places, if any, in addition to or instead of the corporate trust office of the
Trustee, where the principal of, and premium, if any, and interest on, Debt Securities of the series shall be payable (“Place of Payment”); 
 (f) the price or prices at which, the period or periods within which and the terms and conditions upon which Debt Securities of the series may be redeemed, in whole or in part, at the option of the
Issuers or otherwise; 
 (g) whether Debt Securities of the series are entitled to the benefits of any Guarantee
of any Subsidiary Guarantors pursuant to this Indenture; 
 (h) the obligation, if any, of the Issuers to redeem,
purchase or repay Debt Securities of the series pursuant to any sinking fund or analogous provisions or at the option of a Holder thereof, and the price or prices at which and the period or periods within which and the

  
 8 

 
terms and conditions upon which Debt Securities of the series shall be redeemed, purchased or repaid, in whole or in part, pursuant to such obligations; 

(i) the terms, if any, upon which the Debt Securities of the series may be convertible into or exchanged for capital stock
(which may be represented by depositary shares), other Debt Securities or warrants for capital stock or Debt or other securities of any kind of either of the Issuers or any other obligor and the terms and conditions upon which such conversion or
exchange shall be effected, including the initial conversion or exchange price or rate, the conversion or exchange period and any other provision in addition to or in lieu of those described herein; 

(j) if other than denominations of $1,000 and any integral multiple thereof, the denominations in which Debt Securities of
the series shall be issuable; 
 (k) if the amount of principal of or any premium or interest on Debt Securities
of the series may be determined with reference to an index or pursuant to a formula, the manner in which such amounts will be determined; 
 (l) if the principal amount payable at the Stated Maturity of Debt Securities of the series will not be determinable as of any one or more dates prior to such Stated Maturity, the amount which will be
deemed to be such principal amount as of any such date for any purpose, including the principal amount thereof which will be due and payable upon any maturity other than the Stated Maturity or which will be deemed to be Outstanding as of any such
date (or, in any such case, the manner in which such deemed principal amount is to be determined); 
 (m) any
changes or additions to Article XI, including the addition of additional covenants that may be subject to the covenant defeasance option pursuant to Section 11.02(b); 

(n) if other than the principal amount thereof, the portion of the principal amount of Debt Securities of the series which
shall be payable upon declaration of acceleration of the maturity thereof pursuant to Section 6.01 or provable in bankruptcy pursuant to Section 6.02; 
 (o) the terms, if any, of the transfer, mortgage, pledge or assignment as security for the Debt Securities of the series of any properties, assets, moneys, proceeds, securities or other collateral,
including whether certain provisions of the TIA are applicable and any corresponding changes to provisions of this Indenture as currently in effect; 
 (p) any addition to or change in the Events of Default with respect to the Debt Securities of the series and any change in the right of the Trustee or the Holders to declare the principal of, and premium
and interest on, such Debt Securities due and payable; 
 (q) if the Debt Securities of the series shall be
issued in whole or in part in the form of a Global Security or Securities, the terms and conditions, if any, upon which such Global Security or Securities may be exchanged in whole or in part for other individual Debt Securities in definitive
registered form; and the Depositary for such Global Security or Securities and the form of any legend or legends to be borne by any such Global Security or Securities in addition to or in lieu of the legend referred to in Section 2.15(a);

  
 9 

 (r) any trustees, authenticating or paying agents, transfer agents or
registrars; 
 (s) the applicability of, and any addition to or change in the covenants and definitions currently
set forth in this Indenture or in the terms currently set forth in Article X, including conditioning any merger, conveyance, transfer or lease permitted by Article X upon the satisfaction of any Debt coverage standard by the Issuers and Successor
Company (as defined in Article X); 
 (t) with regard to Debt Securities of the series that do not bear interest,
the dates for certain required reports to the Trustee; and 
 (u) any other terms of the Debt Securities of the
series (which terms shall not be prohibited by the provisions of this Indenture). 
 All Debt Securities of any one series shall
be substantially identical except as to denomination and except as may otherwise be provided in or pursuant to such resolution of the Board of Directors and as set forth in such Officers’ Certificate or in any such Indenture supplemental
hereto. 
 Section 2.04 Execution of Debt Securities. The Debt Securities shall be signed on behalf of each of the
Issuers by at least one of its Officers. Such signatures upon the Debt Securities may be the manual or facsimile signatures of the present or any future such authorized officers and may be imprinted or otherwise reproduced on the Debt Securities.

 Only such Debt Securities as shall bear thereon a certificate of authentication substantially in the form hereinbefore
recited, signed manually by the Trustee, shall be entitled to the benefits of this Indenture or be valid or obligatory for any purpose. Such certificate by the Trustee upon any Debt Security executed on behalf of each of the Issuers by at least one
of its Officers shall be conclusive evidence that the Debt Security so authenticated has been duly authenticated and delivered hereunder. 
 In case any Officer of either Issuer who shall have signed any of the Debt Securities shall cease to be such Officer before the Debt Securities so signed shall have been authenticated and delivered by the
Trustee, or disposed of by the Issuers, such Debt Securities nevertheless may be authenticated and delivered or disposed of as though the Person who signed such Debt Securities had not ceased to be such Officer; and any Debt Security may be signed
on behalf of either Issuer by such Persons as, at the actual date of the execution of such Debt Security, shall be the proper Officers of such Issuer, although at the date of such Debt Security or of the execution of this Indenture any such Person
was not such Officer. 
 Section 2.05 Authentication and Delivery of Debt Securities. At any time and from time to
time after the execution and delivery of this Indenture, the Issuers may deliver to the Trustee for authentication Debt Securities of any series executed by the Issuers, and the Trustee shall thereupon authenticate and deliver said Debt Securities
to or upon an Issuer Order. In authenticating such Debt Securities, and accepting the additional responsibilities under this Indenture in relation to such Debt Securities, the Trustee shall be entitled to receive, and (subject to Section 7.01)
shall be fully protected in relying upon: 

  
 10 

 (a) a copy of any resolution or resolutions of the Board of Directors of
each Issuer, certified by the Secretary or Assistant Secretary of each of the General Partner and Finance Corp., authorizing the terms of issuance of any series of Debt Securities; 

(b) an executed supplemental Indenture, if any; 

(c) an Officers’ Certificate; and 

(d) an Opinion of Counsel prepared in accordance with Section 13.05 which shall also state: 

(i) that the form of such Debt Securities has been established by or pursuant to a resolution of the Board of Directors of
each Issuer or by a supplemental Indenture as permitted by Section 2.01 in conformity with the provisions of this Indenture; 
 (ii) that the terms of such Debt Securities have been established by or pursuant to a resolution of the Board of Directors or by a supplemental Indenture as permitted by Section 2.03 in conformity
with the provisions of this Indenture; 
 (iii) that such Debt Securities, when authenticated and delivered by
the Trustee and issued by the Issuers in the manner and subject to any conditions specified in such Opinion of Counsel, will constitute valid and legally binding obligations of the Issuers, enforceable in accordance with their terms except as the
enforceability thereof may be limited by bankruptcy, insolvency or similar laws affecting the enforcement of creditors’ rights generally and rights of acceleration and the availability of equitable remedies may be limited by equitable
principles of general applicability; 
 (iv) that the Issuers have the power to issue such Debt Securities and
has duly taken all necessary action with respect to such issuance; 
 (v) that the issuance of such Debt
Securities will not contravene the organizational documents of the Issuers or result in any material violation of any of the terms or provisions of any law or regulation or of any material indenture, mortgage or other agreement known to such counsel
by which the Issuers are bound; 
 (vi) that authentication and delivery of such Debt Securities and the
execution and delivery of any supplemental Indenture will not violate the terms of this Indenture; and 
 (vii)
such other matters as the Trustee may reasonably request. 
 Such Opinion of Counsel need express no opinion as to whether a
court in the United States would render a money judgment in a currency other than that of the United States. 
 The Trustee
shall have the right to decline to authenticate and deliver any Debt Securities under this Section 2.05 if the Trustee, being advised by counsel, determines that such action may not lawfully be taken or if the Trustee in good faith by its board
of directors or trustees, executive committee or a trust committee of directors, trustees or Officers (or any combination 

  
 11 

 
thereof) shall determine that such action would expose the Trustee to personal liability to existing Holders. 
 The Trustee may appoint an authenticating agent reasonably acceptable to the Issuers to authenticate Debt Securities of any series. Unless limited by the terms of such appointment, an authenticating agent
may authenticate Debt Securities whenever the Trustee may do so. Each reference in this Indenture to authentication by the Trustee includes authentication by such agent. An authenticating agent has the same rights as any Registrar, paying agent or
agent for service of notices and demands. 
 Unless otherwise provided in the form of Debt Security for any series, each Debt
Security shall be dated the date of its authentication. 
 Section 2.06 Denomination of Debt Securities. Unless
otherwise provided in the form of Debt Security for any series, the Debt Securities of each series shall be issuable only as fully registered Debt Securities in such Dollar denominations as shall be specified or contemplated by Section 2.03. In
the absence of any such specification with respect to the Debt Securities of any series, the Debt Securities of such series shall be issuable in denominations of $1,000 and any integral multiple thereof. 

Section 2.07 Registration of Transfer and Exchange. 

(a) The Issuers shall keep or cause to be kept a register for each series of Debt Securities issued hereunder (hereinafter
collectively referred to as the “Debt Security Register”), in which, subject to such reasonable regulations as it may prescribe, the Issuers shall provide for the registration of all Debt Securities and the transfer of Debt Securities as
in this Article II provided. At all reasonable times the Debt Security Register shall be open for inspection by the Trustee. Subject to Section 2.15, upon due presentment for registration of transfer of any Debt Security at any office or agency
to be maintained by the Issuers in accordance with the provisions of Section 4.02, the Issuers shall execute and the Trustee shall authenticate and deliver in the name of the transferee or transferees a new Debt Security or Debt Securities of
authorized denominations for a like aggregate principal amount. In no event may Debt Securities be issued as, or exchanged for, bearer securities. 
 Unless and until otherwise determined by the Issuers by resolutions of each Issuer’s Board of Directors, the Debt Security Register shall be kept at the principal corporate trust office of the
Trustee and, for this purpose, the Trustee shall be designated “Registrar.” 
 Debt Securities of any series (other
than a Global Security, except as set forth below) may be exchanged for a like aggregate principal amount of Debt Securities of the same series of other authorized denominations. Subject to Section 2.15, Debt Securities to be exchanged shall be
surrendered at the office or agency to be maintained by the Issuers as provided in Section 4.02, and the Issuers shall execute and the Trustee shall authenticate and deliver in exchange therefor the Debt Security or Debt Securities which the
Holder making the exchange shall be entitled to receive. 
 (b) All Debt Securities presented or surrendered for
registration of transfer, exchange or payment shall (if so required by the Issuers, the Trustee or the Registrar) be duly 

  
 12 

 
endorsed or be accompanied by a written instrument or instruments of transfer, in form satisfactory to the Issuers, the Trustee and the Registrar, duly executed by the Holder or his attorney duly
authorized in writing. 
 All Debt Securities issued in exchange for or upon transfer of Debt Securities shall be the valid
obligations of the Issuers, evidencing the same debt, and entitled to the same benefits under this Indenture as the Debt Securities surrendered for such exchange or transfer. 
 No service charge shall be made for any exchange or registration of transfer of Debt Securities (except as provided by Section 2.09), but the Issuers may require payment of a sum sufficient to cover
any tax, fee, assessment or other governmental charge that may be imposed in relation thereto, other than those expressly provided in this Indenture to be made at the Issuers’ own expense or without expense or without charge to the Holders.

 The Issuers shall not be required (i) to issue, register the transfer of or exchange any Debt Securities for a period of
15 days next preceding any mailing of notice of redemption of Debt Securities of such series or (ii) to register the transfer of or exchange any Debt Securities selected, called or being called for redemption. 

Prior to the due presentation for registration of transfer of any Debt Security, the Issuers, the Subsidiary Guarantors, the Trustee, any
paying agent or any Registrar may deem and treat the Person in whose name a Debt Security is registered as the absolute owner of such Debt Security for the purpose of receiving payment of or on account of the principal of, and premium, if any, and
(subject to Section 2.12) interest on, such Debt Security and for all other purposes whatsoever, whether or not such Debt Security is overdue, and none of the Issuers, the Subsidiary Guarantors, the Trustee, any paying agent or any Registrar
shall be affected by notice to the contrary. 
 None of the Issuers, the Subsidiary Guarantors, the Trustee, any agent of the
Trustee, any paying agent or any Registrar will have any responsibility or liability for any aspect of the records relating to, or payments made on account of, beneficial ownership interests of a Global Security or for maintaining, supervising or
reviewing any records relating to such beneficial ownership interests. 
 Section 2.08 Temporary Debt Securities.
Pending the preparation of definitive Debt Securities of any series, the Issuers may execute and the Trustee shall authenticate and deliver temporary Debt Securities (printed, lithographed, photocopied, typewritten or otherwise produced) of any
authorized denomination, and substantially in the form of the definitive Debt Securities in lieu of which they are issued, in registered form with such omissions, insertions and variations as may be appropriate for temporary Debt Securities, all as
may be determined by the Issuers with the concurrence of the Trustee. Temporary Debt Securities may contain such reference to any provisions of this Indenture as may be appropriate. Every temporary Debt Security shall be executed by the Issuers and
be authenticated by the Trustee upon the same conditions and in substantially the same manner, and with like effect, as the definitive Debt Securities. 

  
 13 

 If temporary Debt Securities of any series are issued, the Issuers will cause definitive
Debt Securities of such series to be prepared without unreasonable delay. After the preparation of definitive Debt Securities of such series, the temporary Debt Securities of such series shall be exchangeable for definitive Debt Securities of such
series upon surrender of the temporary Debt Securities of such series at the office or agency of the Issuers at a Place of Payment for such series, without charge to the Holder thereof, except as provided in Section 2.07 in connection with a
transfer. Upon surrender for cancellation of any one or more temporary Debt Securities of any series, the Issuers shall execute and the Trustee shall authenticate and deliver in exchange therefor a like aggregate principal amount of definitive Debt
Securities of the same series of authorized denominations and of like tenor. Until so exchanged, temporary Debt Securities of any series shall in all respects be entitled to the same benefits under this Indenture as definitive Debt Securities of
such series. 
 Upon any exchange of a portion of a temporary Global Security for a definitive Global Security or for the
individual Debt Securities represented thereby pursuant to Section 2.07 or this Section 2.08, the temporary Global Security shall be endorsed by the Trustee to reflect the reduction of the principal amount evidenced thereby, whereupon the
principal amount of such temporary Global Security shall be reduced for all purposes by the amount to be exchanged and endorsed. 
 Section 2.09 Mutilated, Destroyed, Lost or Stolen Debt Securities. If (a) any mutilated Debt Security is surrendered to the Trustee at its corporate trust office or (b) the Issuers
and the Trustee receive evidence to their satisfaction of the destruction, loss or theft of any Debt Security, and there is delivered to the Issuers and the Trustee such security or indemnity as may be required by them to save each of them and any
paying agent harmless, and neither the Issuers nor the Trustee receives notice that such Debt Security has been acquired by a protected purchaser, then the Issuers shall execute and, upon an Issuer Order, the Trustee shall authenticate and deliver,
in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Debt Security, a new Debt Security of the same series of like tenor, form, terms and principal amount, bearing a number not contemporaneously Outstanding. Upon the issuance
of any substituted Debt Security, the Issuers or the Trustee may require the payment of a sum sufficient to cover any tax, fee, assessment or other governmental charge that may be imposed in relation thereto and any other expenses connected
therewith. In case any Debt Security which has matured or is about to mature or which has been called for redemption shall become mutilated or be destroyed, lost or stolen, the Issuers may, instead of issuing a substituted Debt Security, pay or
authorize the payment of the same (without surrender thereof except in the case of a mutilated Debt Security) if the applicant for such payment shall furnish the Issuers and the Trustee with such security or indemnity as either may require to save
it harmless from all risk, however remote, and, in case of destruction, loss or theft, evidence to the satisfaction of the Issuers and the Trustee of the destruction, loss or theft of such Debt Security and of the ownership thereof. 

Every substituted Debt Security of any series issued pursuant to the provisions of this Section 2.09 by virtue of the fact that any
Debt Security is destroyed, lost or stolen shall constitute an original additional contractual obligation of the Issuers, whether or not the destroyed, lost or stolen Debt Security shall be found at any time, and shall be entitled to all the
benefits of this Indenture equally and proportionately with any and all other Debt Securities of that series duly issued hereunder. All Debt Securities shall be held and owned upon the express

  
 14 

 
condition that the foregoing provisions are exclusive with respect to the replacement or payment of mutilated, destroyed, lost or stolen Debt Securities, and shall preclude any and all other
rights or remedies, notwithstanding any law or statute existing or hereafter enacted to the contrary with respect to the replacement or payment of negotiable instruments or other securities without their surrender. 

Section 2.10 Cancellation of Surrendered Debt Securities. All Debt Securities surrendered for payment, redemption,
registration of transfer or exchange shall, if surrendered to an Issuer or any paying agent or a Registrar, be delivered to the Trustee for cancellation by it, or if surrendered to the Trustee, shall be canceled by it, and no Debt Securities shall
be issued in lieu thereof except as expressly permitted by any of the provisions of this Indenture. All canceled Debt Securities held by the Trustee shall be destroyed (subject to the record retention requirements of the Exchange Act) and
certification of their destruction delivered to the Issuers, unless otherwise directed. On request of the Issuers, the Trustee shall deliver to the Issuers canceled Debt Securities held by the Trustee. If either of the Issuers shall acquire any of
the Debt Securities, however, such acquisition shall not operate as a redemption or satisfaction of the Debt represented thereby unless and until the same are delivered or surrendered to the Trustee for cancellation. The Issuers may not issue new
Debt Securities to replace Debt Securities it has redeemed, paid or delivered to the Trustee for cancellation. 

Section 2.11 Provisions of the Indenture and Debt Securities for the Sole Benefit of the Parties and the Holders. Nothing in
this Indenture or in the Debt Securities, expressed or implied, shall give or be construed to give to any Person, other than the parties hereto, the Holders or any Registrar or paying agent, any legal or equitable right, remedy or claim under or in
respect of this Indenture, or under any covenant, condition or provision herein contained; all its covenants, conditions and provisions being for the sole benefit of the parties hereto, the Holders and any Registrar and paying agents. 

Section 2.12 Payment of Interest; Interest Rights Preserved. 

(a) Interest on any Debt Security that is payable and is punctually paid or duly provided for on any interest payment date
shall be paid to the Person in whose name such Debt Security is registered at the close of business on the regular record date for such interest notwithstanding the cancellation of such Debt Security upon any transfer or exchange subsequent to the
regular record date. Payment of interest on Debt Securities shall be made at the corporate trust office of the Trustee (except as otherwise specified pursuant to Section 2.03), or at the option of the Issuers, by check mailed to the address of
the Person entitled thereto as such address shall appear in the Debt Security Register or, if provided pursuant to Section 2.03 and in accordance with arrangements satisfactory to the Trustee, at the option of the Holder by wire transfer to an
account designated by the Holder. 
 (b) Subject to the foregoing provisions of this Section 2.12 and
Section 2.17, each Debt Security of a particular series delivered under this Indenture upon registration of transfer of or in exchange for or in lieu of any other Debt Security of the same series shall carry the rights to interest accrued and
unpaid, and to accrue, which were carried by such other Debt Security. 

  
 15 

 Section 2.13 Securities Denominated in Dollars. Except as otherwise specified
pursuant to Section 2.03 for Debt Securities of any series, payment of the principal of, and premium, if any, and interest on, Debt Securities of such series will be made in Dollars. 

Section 2.14 Wire Transfers. Notwithstanding any other provision to the contrary in this Indenture, the Issuers may make any
payment of moneys required to be deposited with the Trustee on account of principal of, or premium, if any, or interest on, the Debt Securities (whether pursuant to optional or mandatory redemption payments, interest payments or otherwise) by wire
transfer in immediately available funds to an account designated by the Trustee before 11:00 a.m., New York City time, on the date such moneys are to be paid to the Holders of the Debt Securities in accordance with the terms hereof. 

Section 2.15 Securities Issuable in the Form of a Global Security. 

(a) If the Issuers shall establish pursuant to Sections 2.01 and 2.03 that the Debt Securities of a particular series are
to be issued in whole or in part in the form of one or more Global Securities, then the Issuers shall execute and the Trustee or its agent shall, in accordance with Section 2.05, authenticate and deliver, such Global Security or Securities,
which shall represent, and shall be denominated in an amount equal to the aggregate principal amount of, the Outstanding Debt Securities of such series to be represented by such Global Security or Securities, or such portion thereof as the Issuers
shall specify in an Officers’ Certificate, shall be registered in the name of the Depositary for such Global Security or Securities or its nominee, shall be delivered by the Trustee or its agent to the Depositary or pursuant to the
Depositary’s instruction and shall bear a legend substantially to the following effect: 
 “UNLESS THIS CERTIFICATE IS
PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), NEW YORK, NEW YORK, TO THE ISSUERS OR THEIR AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS
REGISTERED IN THE NAME OF CEDE & CO. OR 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. 

TRANSFERS OF THIS GLOBAL SECURITY SHALL BE LIMITED TO TRANSFERS IN WHOLE, BUT NOT IN PART, TO NOMINEES OF DTC 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 THE INDENTURE REFERRED TO HEREIN.” 

or such other legend as may then be required by the Depositary for such Global Security or Securities. 

  
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 (b) Notwithstanding any other provision of this Section 2.15 or of
Section 2.07 to the contrary, and subject to the provisions of paragraph (c) below, unless the terms of a Global Security expressly permit such Global Security to be exchanged in whole or in part for definitive Debt Securities in
registered form, a Global Security may be transferred, in whole but not in part and in the manner provided in Section 2.07, only by the Depositary to a nominee of the Depositary for such Global Security, or by a nominee of the Depositary to the
Depositary or another nominee of the Depositary, or by the Depositary or a nominee of the Depositary to a successor Depositary for such Global Security selected or approved by the Issuers, or to a nominee of such successor Depositary. 

(c) (i) If at any time the Depositary for a Global Security or Securities notifies the Issuers that it is unwilling
or unable to continue as Depositary for such Global Security or Securities or if at any time the Depositary for the Debt Securities for such series shall no longer be eligible or in good standing under the Exchange Act or other applicable statute,
rule or regulation, the Issuers shall appoint a successor Depositary with respect to such Global Security or Securities. If a successor Depositary for such Global Security or Securities is not appointed by the Issuers within 90 days after the
Issuers receive such notice or become aware of such ineligibility, the Issuers shall execute, and the Trustee or its agent, upon receipt of an Issuer Order for the authentication and delivery of such individual Debt Securities of such series in
exchange for such Global Security or Securities, will authenticate and deliver, individual Debt Securities of such series of like tenor and terms in definitive form in an aggregate principal amount equal to the principal amount of the Global
Security or Securities in exchange for such Global Security or Securities. 
 (ii) If an Event of Default occurs
and the Depositary for a Global Security or Securities notifies the Trustee of its decision to require that the Debt Securities of any series or portion thereof issued or issuable in the form of one or more Global Securities shall no longer be
represented by such Global Security or Securities, the Issuers shall appoint a successor Depositary with respect to such Global Security or Securities. In such event the Issuers will execute, and the Trustee, upon receipt of an Issuer Order for the
authentication and delivery of individual Debt Securities of such series in exchange in whole or in part for such Global Security or Securities, will authenticate and deliver individual Debt Securities of such series of like tenor and terms in
definitive form in an aggregate principal amount equal to the principal amount of such series or portion thereof in exchange for such Global Security or Securities. 

(iii) If specified by the Issuers pursuant to Sections 2.01 and 2.03 with respect to Debt Securities issued or issuable in
the form of a Global Security, the Depositary for such Global Security may surrender such Global Security in exchange in whole or in part for individual Debt Securities of such series of like tenor and terms in definitive form on such terms as are
acceptable to the Issuers, the Trustee and such Depositary. Thereupon the Issuers shall execute, and the Trustee or its agent upon receipt of an Issuer Order for the authentication and delivery of definitive Debt Securities of such series shall
authenticate and deliver, without service charge, to each Person specified by such Depositary a new Debt Security or Securities of the same series of like tenor and terms and of any authorized denomination as requested by such Person in aggregate
principal amount equal to and in exchange for such Person’s beneficial interest in the Global Security; and to such Depositary a new Global Security of like tenor and terms and in an authorized denomination equal to the difference, if any,
between the principal 

  
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amount of the surrendered Global Security and the aggregate principal amount of Debt Securities delivered to Holders thereof. 

(iv) In any exchange provided for in any of the preceding three paragraphs, the Issuers will execute and the Trustee or
its agent will authenticate and deliver individual Debt Securities. Upon the exchange of the entire principal amount of a Global Security for individual Debt Securities, such Global Security shall be canceled by the Trustee or its agent. Except as
provided in the preceding paragraph, Debt Securities issued in exchange for a Global Security pursuant to this Section 2.15 shall be registered in such names and in such authorized denominations as the Depositary for such Global Security,
pursuant to instructions from its direct or indirect participants or otherwise, shall instruct the Trustee or the Registrar. The Trustee or the Registrar shall deliver such Debt Securities to the Persons in whose names such Debt Securities are so
registered. 
 (v) Payments in respect of the principal of and interest on any Debt Securities registered in the
name of the Depositary or its nominee will be payable to the Depositary or such nominee in its capacity as the registered owner of such Global Security. The Issuers, any Subsidiary Guarantors and the Trustee may treat the Person in whose name the
Debt Securities, including the Global Security, are registered as the owner thereof for the purpose of receiving such payments and for any and all other purposes whatsoever. None of the Issuers, any Subsidiary Guarantors, the Trustee, any Registrar,
the paying agent or any agent of the Issuers, any Subsidiary Guarantors or the Trustee will have any responsibility or liability for any aspect of the records relating to or payments made on account of the beneficial ownership interests of the
Global Security by the Depositary or its nominee or any of the Depositary’s direct or indirect participants, or for maintaining, supervising or reviewing any records of the Depositary, its nominee or any of its direct or indirect participants
relating to the beneficial ownership interests of the Global Security, the payments to the beneficial owners of the Global Security of amounts paid to the Depositary or its nominee, or any other matter relating to the actions and practices of the
Depositary, its nominee or any of its direct or indirect participants. None of the Issuers, any Subsidiary Guarantors, the Trustee or any such agent will be liable for any delay by the Depositary, its nominee, or any of its direct or indirect
participants in identifying the beneficial owners of the Debt Securities, and the Issuers, any Subsidiary Guarantors and the Trustee may conclusively rely on, and will be protected in relying on, instructions from the Depositary or its nominee for
all purposes (including with respect to the registration and delivery, and the respective principal amounts, of the Debt Securities to be issued). 
 Section 2.16 Medium Term Securities. Notwithstanding any contrary provision herein, if all Debt Securities of a series are not to be originally issued at one time, it shall not be necessary
for each of the Issuers to deliver to the Trustee an Officers’ Certificate, resolutions of each such Issuer’s Board of Directors, supplemental Indenture, Opinion of Counsel or written order or any other document otherwise required pursuant
to Section 2.01, 2.03, 2.05 or 13.05 at or prior to the time of authentication of each Debt Security of such series if such documents are delivered to the Trustee or its agent at or prior to the authentication upon original issuance of the
first such Debt Security of such series to be issued; provided, that any subsequent request by the Issuers to the Trustee to authenticate Debt Securities of such series upon original issuance shall constitute a representation and warranty by the
Issuers that, as of the date of such request, the statements made in the Officers’ Certificate delivered pursuant to Section 2.05 or 13.05 shall be 

  
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true and correct as if made on such date and that the Opinion of Counsel delivered at or prior to such time of authentication of an original issuance of Debt Securities shall specifically state
that it shall relate to all subsequent issuances of Debt Securities of such series that are identical to the Debt Securities issued in the first issuance of Debt Securities of such series. 

An Issuer Order delivered by the Issuers to the Trustee in the circumstances set forth in the preceding paragraph, may provide that Debt
Securities which are the subject thereof will be authenticated and delivered by the Trustee or its agent on original issue from time to time upon the telephonic or written order of Persons designated in such written order (any such telephonic
instructions to be promptly confirmed in writing by such Person) and that such Persons are authorized to determine, consistent with the Officers’ Certificate, supplemental Indenture or resolution of the Board of Directors relating to such
written order, such terms and conditions of such Debt Securities as are specified in such Officers’ Certificate, supplemental Indenture or such resolution. 
 Section 2.17 Defaulted Interest. Any interest on any Debt Security of a particular series which is payable, but is not punctually paid or duly provided for, on the dates and in the manner
provided in the Debt Securities of such series and in this Indenture (herein called “Defaulted Interest”) shall forthwith cease to be payable to the Holder thereof on the relevant record date by virtue of having been such Holder, and such
Defaulted Interest may be paid by the Issuers, at their election in each case, as provided in clause (i) or (ii) below: 
 (i) The Issuers may elect to make payment of any Defaulted Interest to the Persons in whose names the Debt Securities of such series are registered at the close of business on a special record date for
the payment of such Defaulted Interest, which shall be fixed in the following manner. The Issuers shall notify the Trustee in writing of the amount of Defaulted Interest proposed to be paid on each such Debt Security of such series and the date of
the proposed payment, and at the same time the Issuers shall deposit with the Trustee an amount of money equal to the aggregate amount proposed to be paid in respect of such Defaulted Interest or shall make arrangements satisfactory to the Trustee
for such deposit prior to the date of the proposed payment, such money when deposited to be held in trust for the benefit of the Persons entitled to such Defaulted Interest as in this clause provided. Thereupon the Trustee shall fix a special record
date for the payment of such Defaulted Interest which shall be not more than 15 days and not less than 10 days prior to the date of the proposed payment and not less than 10 days after the receipt by the Trustee of the notice of the proposed
payment. The Trustee shall promptly notify the Issuers of such special record date and, in the name and at the expense of the Issuers, shall cause notice of the proposed payment of such Defaulted Interest and the special record date therefor to be
mailed, first class postage pre-paid, to each Holder thereof at its address as it appears in the Debt Security Register, not less than 10 days prior to such special record date. Notice of the proposed payment of such Defaulted Interest and the
special record date therefor having been so mailed, such Defaulted Interest shall be paid to the Persons in whose names the Debt Securities of such series are registered at the close of business on such special record date. 

(ii) The Issuers may make payment of any Defaulted Interest on the Debt Securities of such series in any other lawful
manner not inconsistent with the requirements of any securities exchange on which the Debt Securities of such series may be listed, and upon 

  
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such notice as may be required by such exchange, if, after notice given by the Issuers to the Trustee of the proposed payment pursuant to this clause, such manner of payment shall be deemed
practicable by the Trustee. 
 Section 2.18 CUSIP Numbers. The Issuers in issuing the Debt Securities may use
“CUSIP” numbers (if then generally in use), and, if so, the Trustee shall use “CUSIP” numbers in notices of redemption as a convenience to Holders; provided that any such notice may state that no representation is made as to the
accuracy of such numbers either as printed on the Debt Securities or as contained in any notice of a redemption and that reliance may be placed only on the other identification numbers printed on the Debt Securities, and any such redemption shall
not be affected by any defect in or omission of such numbers. The Issuers will promptly notify the Trustee in writing of any change in the “CUSIP” numbers. 
 ARTICLE III 
 REDEMPTION OF DEBT SECURITIES 

Section 3.01 Applicability of Article. The provisions of this Article shall be applicable to the Debt Securities of any
series which are redeemable before their Stated Maturity except as otherwise specified as contemplated by Section 2.03 for Debt Securities of such series. 
 Section 3.02 Notice of Redemption; Selection of Debt Securities. In case the Issuers shall desire to exercise the right to redeem all or, as the case may be, any part of the Debt Securities of
any series in accordance with their terms, by resolution of the Board of Directors of each Issuer or a supplemental Indenture, the Issuers shall fix a date for redemption and shall give notice of such redemption at least 30 and not more than 60 days
prior to the date fixed for redemption to the Holders of Debt Securities of such series so to be redeemed as a whole or in part, in the manner provided in Section 13.03. The notice if given in the manner herein provided shall be conclusively
presumed to have been duly given, whether or not the Holder receives such notice. In any case, failure to give such notice or any defect in the notice to the Holder of any Debt Security of a series designated for redemption as a whole or in part
shall not affect the validity of the proceedings for the redemption of any other Debt Security of such series. 
 Each such
notice of redemption shall specify (i) the date fixed for redemption, (ii) the redemption price at which Debt Securities of such series are to be redeemed (or the method of calculating such redemption price), (iii) the Place or Places
of Payment that payment will be made upon presentation and surrender of such Debt Securities, (iv) that any interest accrued to the date fixed for redemption will be paid as specified in said notice, (v) that the redemption is for a
sinking fund payment (if applicable), (vi) that, unless otherwise specified in such notice, if the Issuers default in making such redemption payment the paying agent is prohibited from making such payment pursuant to the terms of this
Indenture, (vii) that on and after said date any interest thereon or on the portions thereof to be redeemed will cease to accrue, (viii) that in the case of Original Issue Discount Securities original issue discount accrued after the date
fixed for redemption will cease to accrue, (ix) the terms of the Debt Securities of that series pursuant to which the Debt Securities of that series are being redeemed and (x) that no representation is made as to the correctness or
accuracy of the CUSIP number, if any, listed in such notice or printed on the Debt Securities of that series. If less than all the Debt Securities of a series are to be redeemed the notice of redemption shall specify the certificate numbers of any
Debt Securities 

  
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of that series to be redeemed that are not in global form. In case any Debt Security of a series is to be redeemed in part only, the notice of redemption shall state the portion of the principal
amount thereof to be redeemed and shall state that on and after the date fixed for redemption, upon surrender of such Debt Security, a new Debt Security or Debt Securities of that series in principal amount equal to the unredeemed portion thereof,
will be issued. 
 At least five days before the giving of any notice of redemption, unless the Trustee consents to a shorter
period, the Issuers shall give written notice to the Trustee of the Redemption Date, the aggregate principal amount of Debt Securities to be redeemed and the series and terms of the Debt Securities pursuant to which such redemption will occur. Such
notice shall be accompanied by an Officers’ Certificate and an Opinion of Counsel from the Issuers to the effect that such redemption will comply with the conditions herein, and such notice may be revoked at any time prior to the giving of a
notice of redemption to the Holders pursuant to this Section 3.02. If fewer than all the Debt Securities of a series are to be redeemed, the record date relating to such redemption shall be selected by the Issuers and given in writing to the
Trustee, which record date shall be not less than three days after the date of notice to the Trustee. 
 By 11 a.m., New York
City time, on the Redemption Date for any Debt Securities, the Issuers shall deposit with the Trustee or with a paying agent (or, if an Issuer is acting as its own paying agent, segregate and hold in trust) an amount of money in Dollars (except as
provided pursuant to Section 2.03) sufficient to pay the redemption price of such Debt Securities or any portions thereof that are to be redeemed on that date, together with any interest accrued to the Redemption Date. 

If less than all the Debt Securities of like tenor and terms of a series are to be redeemed (other than pursuant to mandatory sinking
fund redemptions), the Trustee shall select, on a pro rata basis, by lot or by such other method as in its sole discretion it shall deem appropriate and fair, the Debt Securities of that series or portions thereof (in multiples of $1,000) to be
redeemed. In any case where more than one Debt Security of such series is registered in the same name, the Trustee in its discretion may treat the aggregate principal amount so registered as if it were represented by one Debt Security of such
series. The Trustee shall promptly notify the Issuers in writing of the Debt Securities selected for redemption and, in the case of any Debt Securities selected for partial redemption, the principal amount thereof to be redeemed. If any Debt
Security called for redemption shall not be so paid upon surrender thereof on such Redemption Date, the principal, premium, if any, and interest shall bear interest until paid from the Redemption Date at the rate borne by the Debt Securities of that
series. If less than all the Debt Securities of unlike tenor and terms of a series are to be redeemed, the particular Debt Securities to be redeemed shall be selected by the Issuers. Provisions of this Indenture that apply to Debt Securities called
for redemption also apply to portions of Debt Securities called for redemption. 
 Section 3.03 Payment of Debt
Securities Called for Redemption. If notice of redemption has been given as provided in Section 3.02, the Debt Securities or portions of Debt Securities of the series with respect to which such notice has been given shall become due and
payable on the date and at the Place or Places of Payment stated in such notice at the applicable redemption price, together with any interest accrued to the date fixed for redemption, and on and after said date (unless the Issuers shall default in
the payment of such Debt Securities at the 

  
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applicable redemption price, together with any interest accrued to said date) any interest on the Debt Securities or portions of Debt Securities of any series so called for redemption shall cease
to accrue, and any original issue discount in the case of Original Issue Discount Securities shall cease to accrue. On presentation and surrender of such Debt Securities at the Place or Places of Payment in said notice specified, the said Debt
Securities or the specified portions thereof shall be paid and redeemed by the Issuers at the applicable redemption price, together with any interest accrued thereon to the date fixed for redemption. 

Any Debt Security that is to be redeemed only in part shall be surrendered at the Place of Payment with, if the Issuers, the Registrar or
the Trustee so requires, due endorsement by, or a written instrument of transfer in form satisfactory to the Issuers, the Registrar and the Trustee duly executed by, the Holder thereof or his attorney duly authorized in writing, and the Issuers
shall execute, and the Trustee shall authenticate and deliver to the Holder of such Debt Security without service charge, a new Debt Security or Debt Securities of the same series, of like tenor and form, of any authorized denomination as requested
by such Holder in aggregate principal amount equal to and in exchange for the unredeemed portion of the principal of the Debt Security so surrendered; except that if a Global Security is so surrendered, the Issuers shall execute, and the Trustee
shall authenticate and deliver to the Depositary for such Global Security, without service charge, a new Global Security in a denomination equal to and in exchange for the unredeemed portion of the principal of the Global Security so surrendered. In
the case of a Debt Security providing appropriate space for such notation, at the option of the Holder thereof, the Trustee, in lieu of delivering a new Debt Security or Debt Securities as aforesaid, may make a notation on such Debt Security of the
payment of the redeemed portion thereof. 
 Section 3.04 Mandatory and Optional Sinking Funds. The minimum amount of
any sinking fund payment provided for by the terms of Debt Securities of any series, resolution of the Board of Directors or a supplemental Indenture is herein referred to as a “mandatory sinking fund payment,” and any payment in excess of
such minimum amount provided for by the terms of Debt Securities of any series, resolution of the Board of Directors or a supplemental Indenture is herein referred to as an “optional sinking fund payment.” 

In lieu of making all or any part of any mandatory sinking fund payment with respect to any Debt Securities of a series in cash, the
Issuers may at their option (a) deliver to the Trustee Debt Securities of that series theretofore purchased or otherwise acquired by the Issuers or (b) receive credit for the principal amount of Debt Securities of that series which have
been redeemed either at the election of the Issuers pursuant to the terms of such Debt Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Debt Securities, resolution or supplemental
Indenture; provided, that such Debt Securities have not been previously so credited. Such Debt Securities shall be received and credited for such purpose by the Trustee at the redemption price specified in such Debt Securities, resolution or
supplemental Indenture for redemption through operation of the sinking fund and the amount of such mandatory sinking fund payment shall be reduced accordingly. 
 Section 3.05 Redemption of Debt Securities for Sinking Fund. Not less than 60 days prior to each sinking fund payment date for any series of Debt Securities, the Issuers will deliver to the
Trustee an Officers’ Certificate specifying the amount of the next ensuing sinking fund 

  
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payment for that series pursuant to the terms of that series, any resolution or supplemental Indenture, the portion thereof, if any, which is to be satisfied by payment of cash and the portion
thereof, if any, which is to be satisfied by delivering and crediting Debt Securities of that series pursuant to this Section 3.05 (which Debt Securities, if not previously redeemed, will accompany such certificate) and whether the Issuers
intend to exercise its right to make any permitted optional sinking fund payment with respect to such series. Such certificate shall also state that no Event of Default has occurred and is continuing with respect to such series. Such certificate
shall be irrevocable and upon its delivery the Issuers shall be obligated to make the cash payment or payments therein referred to, if any, by 11 a.m., New York City time, on the next succeeding sinking fund payment date. Failure of the Issuers to
deliver such certificate (or to deliver the Debt Securities specified in this paragraph) shall not constitute a Default, but such failure shall require that the sinking fund payment due on the next succeeding sinking fund payment date for that
series shall be paid entirely in cash and shall be sufficient to redeem the principal amount of such Debt Securities subject to a mandatory sinking fund payment without the option to deliver or credit Debt Securities as provided in this
Section 3.05 and without the right to make any optional sinking fund payment, if any, with respect to such series. 
 Any
sinking fund payment or payments (mandatory or optional) made in cash plus any unused balance of any preceding sinking fund payments made in cash which shall equal or exceed $100,000 (or a lesser sum if the Issuers shall so request) with respect to
the Debt Securities of any particular series shall be applied by the Trustee on the sinking fund payment date on which such payment is made (or, if such payment is made before a sinking fund payment date, on the sinking fund payment date following
the date of such payment) to the redemption of such Debt Securities at the redemption price specified in such Debt Securities, resolution or supplemental Indenture for operation of the sinking fund together with any accrued interest to the date
fixed for redemption. Any sinking fund moneys not so applied or allocated by the Trustee to the redemption of Debt Securities shall be added to the next cash sinking fund payment received by the Trustee for such series and, together with such
payment, shall be applied in accordance with the provisions of this Section 3.05. Any and all sinking fund moneys with respect to the Debt Securities of any particular series held by the Trustee on the last sinking fund payment date with
respect to Debt Securities of such series and not held for the payment or redemption of particular Debt Securities shall be applied by the Trustee, together with other moneys, if necessary, to be deposited sufficient for the purpose, to the payment
of the principal of the Debt Securities of that series at its Stated Maturity. 
 The Trustee shall select the Debt Securities
to be redeemed upon such sinking fund payment date in the manner specified in the last paragraph of Section 3.02 and the Issuers shall cause notice of the redemption thereof to be given in the manner provided in Section 3.02 except that
the notice of redemption shall also state that the Debt Securities are being redeemed by operation of the sinking fund. Such notice having been duly given, the redemption of such Debt Securities shall be made upon the terms and in the manner stated
in Section 3.03. 
 The Trustee shall not redeem any Debt Securities of a series with sinking fund moneys or mail any
notice of redemption of such Debt Securities by operation of the sinking fund for such series during the continuance of a Default in payment of interest on such Debt Securities or of any Event of Default (other than an Event of Default occurring as
a consequence of this paragraph) with respect to such Debt Securities, except that if the notice of redemption of any 

  
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such Debt Securities shall theretofore have been mailed in accordance with the provisions hereof, the Trustee shall redeem such Debt Securities if cash sufficient for that purpose shall be
deposited with the Trustee for that purpose in accordance with the terms of this Article III. Except as aforesaid, any moneys in the sinking fund for such series at the time when any such Default or Event of Default shall occur and any moneys
thereafter paid into such sinking fund shall, during the continuance of such Default or Event of Default, be held as security for the payment of such Debt Securities; provided, however, that in case such Default or Event of Default shall have been
cured or waived as provided herein, such moneys shall thereafter be applied on the next sinking fund payment date for such Debt Securities on which such moneys may be applied pursuant to the provisions of this Section 3.05. 

ARTICLE IV 

PARTICULAR COVENANTS OF THE ISSUERS 
 Section 4.01 Payment of Principal of, and Premium, If Any, and Interest on, Debt Securities. The Issuers, for the benefit of each series of Debt Securities, will duly and punctually pay or
cause to be paid the principal of, and premium, if any, and interest on, each of the Debt Securities at the place, at the respective times and in the manner provided herein or in the Debt Securities. Each installment of interest on any Debt
Securities not in global form may at the Issuers’ option be paid by mailing checks for such interest payable to the Person entitled thereto pursuant to Section 2.07(a) to the address of such Person as it appears on the Debt Security
Register. 
 Principal of and premium and interest on Debt Securities of any series shall be considered paid on the date due if,
by 11 a.m., New York City time, on such date the Trustee or any paying agent holds in accordance with this Indenture money sufficient to pay all principal, premium and interest then due. 

The Issuers shall pay interest on overdue principal or premium, if any, at the rate specified therefor in the Debt Securities, and they
shall pay interest on overdue installments of interest at the same rate to the extent lawful. 
 Section 4.02
Maintenance of Offices or Agencies for Registration of Transfer, Exchange and Payment of Debt Securities. The Issuers will maintain in each Place of Payment for any series of Debt Securities an office or agency where Debt Securities of such
series may be presented or surrendered for payment, and they shall also maintain (in or outside such Place of Payment) an office or agency where Debt Securities of such series may be surrendered for transfer or exchange and where notices and demands
to or upon the Issuers in respect of the Debt Securities of such series and this Indenture may be served. The Issuers will give prompt written notice to the Trustee of the location, and any change in the location, of such office or agency. If at any
time the Issuers shall fail to maintain any such required office or agency or shall fail to furnish the Trustee with the address thereof, such presentations, surrenders, notices and demands may be made or served at the office of the Trustee where
its corporate trust business is principally administered in the United States, and the Issuers hereby appoint the Trustee as their agent to receive all presentations, surrenders, notices and demands. 

  
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 The Issuers may also from time to time designate different or additional offices or agencies
to be maintained for such purposes (in or outside of such Place of Payment), and may from time to time rescind any such designation; provided, however, that no such designation or rescission shall in any manner relieve the Issuers of their
obligations described in the preceding paragraph. The Issuers will give prompt written notice to the Trustee of any such additional designation or rescission of designation and any change in the location of any such different or additional office or
agency. 
 Section 4.03 Appointment to Fill a Vacancy in the Office of Trustee. The Issuers, whenever necessary to
avoid or fill a vacancy in the office of Trustee, will appoint, in the manner provided in Section 7.08, a Trustee, so that there shall at all times be a Trustee hereunder with respect to each series of Debt Securities. 

Section 4.04 Duties of Paying Agents, etc. 

(a) The Issuers shall cause each paying agent, if any, other than the Trustee, to execute and deliver to the Trustee an
instrument in which such agent shall agree with the Trustee, subject to the provisions of this Section 4.04, 
 (i) that it will hold all sums held by it as such agent for the payment of the principal of, and premium, if any, or interest on, the Debt Securities of any series (whether such sums have been paid to it
by the Issuers or by any other obligor on the Debt Securities of such series) in trust for the benefit of the Holders of the Debt Securities of such series; 
 (ii) that it will give the Trustee notice of any failure by the Issuers (or by any other obligor on the Debt Securities of such series) to make any payment of the principal of, and premium, if any, or
interest on, the Debt Securities of such series when the same shall be due and payable; and 
 (iii) that it will
at any time during the continuance of an Event of Default, upon the written request of the Trustee, forthwith pay to the Trustee all sums so held by it as such agent. 

(b) If either of the Issuers shall act as its own paying agent, it will, on or before each due date of the principal of,
and premium, if any, or interest on, the Debt Securities of any series, set aside, segregate and hold in trust for the benefit of the Holders of the Debt Securities of such series a sum sufficient to pay such principal, premium, if any, or interest
so becoming due. The Issuers will promptly notify the Trustee of any failure by either of the Issuers to take such action or the failure by any other obligor on such Debt Securities to make any payment of the principal of, and premium, if any, or
interest on, such Debt Securities when the same shall be due and payable. 
 (c) Anything in this
Section 4.04 to the contrary notwithstanding, either of the Issuers may, at any time, for the purpose of obtaining a satisfaction and discharge of this Indenture, or for any other reason, pay or cause to be paid to the Trustee all sums held in
trust by it or any paying agent, as required by this Section 4.04, such sums to be held by the Trustee upon the same trusts as those upon which such sums were held by such Issuer or such paying agent. 

  
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 (d) Whenever the Issuers shall have one or more paying agents with respect
to any series of Debt Securities, they will, prior to each due date of the principal of, and premium, if any, or interest on, any Debt Securities of such series, deposit with any such paying agent a sum sufficient to pay the principal, premium or
interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled thereto, and (unless any such paying agent is the Trustee) the Issuers will promptly notify the Trustee of its action or failure so to act. 

(e) Anything in this Section 4.04 to the contrary notwithstanding, the agreement to hold sums in trust as provided in
this Section 4.04 is subject to the provisions of Section 11.05. 
 Section 4.05 SEC Reports; Financial
Statements. 
 (a) The Partnership shall, so long as any of the Debt Securities are Outstanding, file with
the Trustee, within 30 days after it files the same with the SEC, copies of the annual reports and the information, documents and other reports (or copies of such portions of any of the foregoing as the SEC may by rules and regulations prescribe)
that the Partnership is required to file with the SEC pursuant to Section 13 or 15(d) of the Exchange Act. If the Partnership is not subject to the requirements of such Section 13 or 15(d), the Partnership shall file with the Trustee,
within 30 days after it would have been required to file the same with the SEC, financial statements, including any notes thereto (and with respect to annual reports, an auditors’ report by a firm of established national reputation), and a
“Management’s Discussion and Analysis of Financial Condition and Results of Operations,” both comparable to that which the Partnership would have been required to include in such annual reports, information, documents or other reports
if the Partnership had been subject to the requirements of such Section 13 or 15 (d). The Issuers shall also comply with the provisions of TIA Section 314 (a). 

(b) The Partnership shall provide the Trustee with a sufficient number of copies of all reports and other documents and
information that the Trustee may be required to deliver to Holders under this Section. 
 (c) The Partnership
shall, so long as any of the Debt Securities are Outstanding, deliver to the Trustee, within 30 days of any Officer of the Partnership becoming aware of the occurrence of any Event of Default, an Officers’ Certificate specifying such Event of
Default and what action the Partnership is taking or proposes to take with respect thereto. 
 Section 4.06 Compliance
Certificate. 
 (a) Each of the Issuers and any Subsidiary Guarantor shall, so long as any of the Debt
Securities are Outstanding, deliver to the Trustee, within 120 days after the end of each fiscal year of the Partnership, an Officers’ Certificate stating that a review of the activities of the Partnership and its Subsidiaries during the
preceding fiscal year has been made under the supervision of the Officers signing the certificate with a view to determining whether each of the Issuers and any Subsidiary Guarantor has kept, observed, performed and fulfilled its obligations under
this Indenture, and further stating, as to each such Officer signing such certificate, that to the best of his knowledge each of the Issuers and any Subsidiary Guarantor has kept, observed, performed and fulfilled each and every covenant contained
in this Indenture and is not in default 

  
 26 

 
in the performance or observance of any of the terms, provisions and conditions hereof, without regard to any grace period or requirement of notice required by this Indenture (or, if a Default or
Event of Default shall have occurred, describing all such Defaults or Events of Default of which such Officer may have knowledge and what action the Issuers or any Subsidiary Guarantor is taking or proposes to take with respect thereto). 

(b) The Partnership shall, so long as any of the Debt Securities are Outstanding, deliver to the Trustee within 30 days
after the occurrence of any Default or Event of Default under this Indenture, written notice (which need not be an Officers’ Certificate) specifying such Default or Event of Default, the status thereof and what action the Partnership is taking
or proposes to take with respect thereto. 
 Section 4.07 Further Instruments and Acts. The Partnership will, upon
request of the Trustee, execute and deliver such further instruments and do such further acts as may reasonably be necessary or proper to carry out more effectually the purposes of this Indenture. 

Section 4.08 Existence. Except as permitted by Article X hereof, the Partnership shall do or cause to be done all things
necessary to preserve and keep in full force and effect its existence and all rights (charter and statutory) and franchises of the Partnership, provided that the Partnership shall not be required to preserve any such right or franchise, if the
Partnership shall determine that the preservation thereof is no longer desirable in the conduct of the business of the Partnership. 
 Section 4.09 Maintenance of Properties. The Partnership shall cause all properties owned by the Partnership or any of its Subsidiaries or used or held for use in the conduct of its business or
the business of any such Subsidiary to be maintained and kept in good condition, repair and working order (reasonable wear and tear excepted) and supplied with all necessary equipment and will cause to be made all necessary repairs, renewals,
replacements, betterments and improvements thereof, all as in the judgment of the Partnership may be necessary so that the business carried on in connection therewith may be properly and advantageously conducted at all times; provided that nothing
in this Section shall prevent the Partnership from discontinuing the operation or maintenance of any of such properties if such discontinuance is, in the judgment of the Partnership, desirable in the conduct of its business or the business of any
such Subsidiary and not disadvantageous in any material respect to the Holders. 
 Section 4.10 Payment of Taxes and
Other Claims. The Partnership shall pay or discharge or cause to be paid or discharged, before the same shall become delinquent, (i) all taxes, assessments and governmental charges levied or imposed upon the Partnership or any of its
Subsidiaries or upon the income, profits or property of the Partnership or any of its Subsidiaries, and (ii) all lawful claims for labor, materials and supplies which, if unpaid, might by law become a Lien upon the property of the Partnership
or any of its Subsidiaries; provided that the Partnership shall not be required to pay or discharge or cause to be paid or discharged any such tax, assessment, charge or claim whose amount, applicability or validity is being contested in good faith
by appropriate proceedings. 
 Section 4.11 Waiver of Certain Covenants. The Issuers and the Subsidiary Guarantors
may, with respect to the Debt Securities of any series, omit in any particular instance to comply 

  
 27 

 
with any covenant set forth in this Article IV (except Sections 4.01 through 4.08) or made applicable to such Debt Securities pursuant to Section 2.03, if, before or after the time for such
compliance, the Holders of at least a majority in aggregate principal amount of the Outstanding Debt Securities of each series affected, waive such compliance in such instance with such covenant, but no such waiver shall extend to or affect such
covenant except to the extent so expressly waived, and, until such waiver shall become effective, the obligations of the Issuers and the Subsidiary Guarantors and the duties of the Trustee in respect of any such covenant shall remain in full force
and effect. 
 ARTICLE V 
 HOLDERS’ LISTS AND REPORTS BY THE TRUSTEE 
 Section 5.01
Issuers to Furnish Trustee Information as to Names and Addresses of Holders; Preservation of Information. The Issuers covenant and agree that they will furnish or cause to be furnished to the Trustee with respect to the Debt Securities of
each series: 
 (a) not more than 10 days after each record date with respect to the payment of interest, if any,
a list, in such form as the Trustee may reasonably require, of the names and addresses of the Holders as of such record date, and 
 (b) at such other times as the Trustee may request in writing, within 30 days after the receipt by the Issuers of any such request, a list of similar form and contents as of a date not more than 15 days
prior to the time such list is furnished; 
 provided, however, that so long as the Trustee shall be the Registrar, such lists shall not be
required to be furnished. 
 The Trustee shall preserve, in as current a form as is reasonably practicable, all information as
to the names and addresses of the Holders (i) contained in the most recent list furnished to it as provided in this Section 5.01 or (ii) received by it in the capacity of paying agent or Registrar (if so acting) hereunder. 

The Trustee may destroy any list furnished to it as provided in this Section 5.01 upon receipt of a new list so furnished.

 Section 5.02 Communications to Holders. Holders may communicate pursuant to Section 312(b) of the TIA with
other Holders with respect to their rights under this Indenture or the Debt Securities. The Issuers, the Trustee, the Registrar and anyone else shall have the protection of Section 312(c) of the TIA. 

Section 5.03 Reports by Trustee. Within 60 days after each January 31, beginning with the first January 31
following the date of this Indenture, and in any event on or before April 1 in each year, the Trustee shall mail to Holders a brief report dated as of such January 31 that complies with TIA Section 313 (a); provided, however, that if
no event described in TIA Section 313 (a) has occurred within the twelve months preceding the reporting date, no report need be transmitted. The Trustee also shall comply with TIA Section 313 (b). 

Reports pursuant to this Section 5.03 shall be transmitted by mail: 

  
 28 

 (a) to all Holders, as the names and addresses of such Holders appear in the
Debt Security Register; and 
 (b) except in the cases of reports under Section 313(b)(2) of the TIA, to
each Holder of a Debt Security of any series whose name and address appear in the information preserved at the time by the Trustee in accordance with Section 5.01. 
 A copy of each report at the time of its mailing to Holders shall be filed with the Securities and Exchange Commission and each stock exchange (if any) on which the Debt Securities of any series are
listed. The Issuers agree to notify promptly the Trustee whenever the Debt Securities of any series become listed on any stock exchange and of any delisting thereof. 
 Section 5.04 Record Dates for Action by Holders. If the Issuers shall solicit from the Holders of Debt Securities of any series any action (including the making of any demand or request, the
giving of any direction, notice, consent or waiver or the taking of any other action), the Issuers may, at their option, by resolution of their respective Boards of Directors, fix in advance a record date for the determination of Holders of Debt
Securities entitled to take such action, but the Issuers shall have no obligation to do so. Any such record date shall be fixed at the Issuers’ discretion. If such a record date is fixed, such action may be sought or given before or after the
record date, but only the Holders of Debt Securities of record at the close of business on such record date shall be deemed to be Holders of Debt Securities for the purpose of determining whether Holders of the requisite proportion of Debt
Securities of such series Outstanding have authorized or agreed or consented to such action, and for that purpose the Debt Securities of such series Outstanding shall be computed as of such record date. 

ARTICLE VI 

REMEDIES OF THE TRUSTEE AND HOLDERS IN EVENT OF DEFAULT 
 Section 6.01 Events of Default. If any one or more of the following shall have occurred and be continuing with respect to Debt Securities of any series (each of the following, an “Event
of Default”): 
 (a) default in the payment of any installment of interest upon any Debt Securities of that
series as and when the same shall become due and payable, and continuance of such default for a period of 30 days; or 
 (b) default in the payment of the principal of or premium, if any, on any Debt Securities of that series as and when the same shall become due and payable, whether at Stated Maturity, upon redemption, by
declaration, upon required repurchase or otherwise; or 
 (c) default in the payment of any sinking fund payment
with respect to any Debt Securities of that series as and when the same shall become due and payable; or 
 (d)
failure on the part of the Issuers, or if any series of Debt Securities Outstanding under this Indenture is entitled to the benefits of the Guarantee, any of the Subsidiary Guarantors, duly to observe or perform any other of the covenants or
agreements on the part of the Issuers, or if applicable, any of the Subsidiary Guarantors, in the Debt Securities of that series, in any resolution of the Board of Directors authorizing the issuance of that series of

  
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Debt Securities, in this Indenture with respect to such series or in any supplemental Indenture with respect to such series (other than a covenant a default in the performance of which is
elsewhere in this Section specifically dealt with), continuing for a period of 60 days after the date on which written notice specifying such failure and requiring the Issuers, or if applicable, the Subsidiary Guarantors, to remedy the same shall
have been given to the Issuers, or if applicable, the Subsidiary Guarantors, by the Trustee or to the Issuers, or if applicable, the Subsidiary Guarantors, and the Trustee by the Holders of at least 25% in aggregate principal amount of the Debt
Securities of that series at the time Outstanding; or 
 (e) either of the Issuers, or if any series of Debt
Securities Outstanding under this Indenture is entitled to the benefits of the Guarantee, any of the Subsidiary Guarantors, pursuant to or within the meaning of any Bankruptcy Law, 

(i) commences a voluntary case, 
 (ii) consents to the entry of an order for relief against it in an involuntary case, 
 (iii) consents to the appointment of a Custodian of it or for all or substantially all of its property; or 
 (iv) makes a general assignment for the benefit of its creditors; 

(f) a court of competent jurisdiction enters an order or decree under any Bankruptcy Law that: 

(i) is for relief against either of the Issuers, or if any series of Debt Securities Outstanding under this Indenture is
entitled to the benefits of the Guarantee, any of the Subsidiary Guarantors, as debtor in an involuntary case, 

(ii) appoints a Custodian of either of the Issuers, or if any series of Debt Securities Outstanding under this Indenture
is entitled to the benefits of the Guarantee, any of the Subsidiary Guarantors, or a Custodian for all or substantially all of the property of either of the Issuers, or if applicable, any of the Subsidiary Guarantors, or 

(iii) orders the liquidation of either of the Issuers, or if any series of Debt Securities Outstanding under this
Indenture is entitled to the benefits of the Guarantee, any of the Subsidiary Guarantors, and the order or decree remains unstayed and in effect for 60 days; 
 (g) if any series of Debt Securities Outstanding under this Indenture is entitled to the benefits of the Guarantee, the Guarantee of any of the Subsidiary Guarantors ceases to be in full force and effect
with respect to Debt Securities of that series (except as otherwise provided in this Indenture) or is declared null and void in a judicial proceeding or any of the Subsidiary Guarantors denies or disaffirms its obligations under this Indenture or
such Guarantee; or 
 (h) any other Event of Default provided with respect to Debt Securities of that series;

  
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 then and in each and every case that an Event of Default described in clause (a), (b), (c), (d), (g), or
(h) with respect to Debt Securities of that series at the time Outstanding occurs and is continuing, unless the principal of, premium, if any, and accrued and unpaid interest on all the Debt Securities of that series shall have already become
due and payable, either the Trustee or the Holders of not less than 25% in aggregate principal amount of the Debt Securities of that series then Outstanding hereunder, by notice in writing to the Issuers (and to the Trustee if given by Holders), may
declare the principal of (or, if the Debt Securities of that series are Original Issue Discount Debt Securities, such portion of the principal amount as may be specified in the terms of that series), premium, if any, and interest on all the Debt
Securities of that series to be due and payable immediately, and upon any such declaration the same shall become and shall be immediately due and payable, anything in this Indenture or in the Debt Securities of that series contained to the contrary
notwithstanding. If an Event of Default described in clause (e) or (f) occurs with respect to either of the Issuers, then and in each and every such case, unless the principal of and accrued and unpaid interest on all the Debt Securities
shall have become due and payable, the principal of (or, if the Debt Securities of that series are Original Issue Discount Debt Securities, such portion of the principal amount as may be specified in the terms thereof), premium, if any, and interest
on all the Debt Securities then Outstanding hereunder shall ipso facto become and be immediately due and payable without any declaration or other act on the part of the Trustee or any Holders, anything in this Indenture or in the Debt Securities
contained to the contrary notwithstanding. 
 The Holders of a majority in aggregate principal amount of the Debt Securities of
a particular series by written notice to the Trustee may rescind an acceleration and its consequences if the rescission would not conflict with any judgment or decree of a court of competent jurisdiction already rendered and if all existing Events
of Default with respect to that series have been cured or waived except nonpayment of principal, premium, if any, or interest that has become due solely because of acceleration. Upon any such rescission, the parties hereto shall be restored
respectively to their several positions and rights hereunder, and all rights, remedies and powers of the parties hereto shall continue as though no such proceeding had been taken. 

Section 6.02 Collection of Debt by Trustee, etc. If an Event of Default occurs and is continuing, the Trustee, in its own
name and as trustee of an express trust, shall be entitled and empowered to institute any action or proceedings at law or in equity for the collection of the sums so due and unpaid or enforce the performance of any provision of the Debt Securities
of the affected series or this Indenture, and may prosecute any such action or proceedings to judgment or final decree, and may enforce any such judgment or final decree against any of the Subsidiary Guarantors or the Issuers or any other obligor
upon the Debt Securities of such series (and collect in the manner provided by law out of the property of any of the Subsidiary Guarantors or the Issuers or any other obligor upon the Debt Securities of such series wherever situated the moneys
adjudged or decreed to be payable). 
 In case there shall be pending proceedings for the bankruptcy or for the reorganization
of any of the Subsidiary Guarantors or the Issuers or any other obligor upon the Debt Securities of any series under any Bankruptcy Law, or in case a Custodian shall have been appointed for its property, or in case of any other similar judicial
proceedings relative to any of the Subsidiary Guarantors or the Issuers or any other obligor upon the Debt Securities of any series, its creditors 

  
 31 

 
or its property, the Trustee, irrespective of whether the principal of Debt Securities of any series shall then be due and payable as therein expressed or by declaration or otherwise and
irrespective of whether the Trustee shall have made any demand pursuant to the provisions of this Section 6.02, shall be entitled and empowered, by intervention in such proceedings or otherwise, to file and prove a claim or claims for the whole
amount of principal, premium, if any, and interest (or, if the Debt Securities of such series are Original Issue Discount Debt Securities, such portion of the principal amount as may be specified in the terms of such series) owing and unpaid in
respect of the Debt Securities of such series, and to file such other papers or documents as may be necessary or advisable in order to have the claims of the Trustee (including any claim for reasonable compensation to the Trustee, its agents,
attorneys and counsel, and for reimbursement of all expenses and liabilities incurred, and all advances made, by the Trustee except as a result of its negligence or bad faith) and of the Holders thereof allowed in any such judicial proceedings
relative to any of the Subsidiary Guarantors or the Issuers, or any other obligor upon the Debt Securities of such series, its creditors or its property, and to collect and receive any moneys or other property payable or deliverable on any such
claims, and to distribute all amounts received with respect to the claims of such Holders and of the Trustee on their behalf, and any receiver, assignee or trustee in bankruptcy or reorganization is hereby authorized by each of such Holders to make
payments to the Trustee, and, in the event that the Trustee shall consent to the making of payments directly to such Holders, to pay to the Trustee such amount as shall be sufficient to cover reasonable compensation to the Trustee, its agents,
attorneys and counsel, and all other reasonable expenses and liabilities incurred, and all advances made, by the Trustee except as a result of its negligence or bad faith. 
 All rights of action and of asserting claims under this Indenture, or under any of the Debt Securities of any series, may be enforced by the Trustee without the possession of any such Debt Securities, or
the production thereof in any trial or other proceedings relative thereto, and any such action or proceedings instituted by the Trustee shall be brought in its own name as trustee of an express trust, and any recovery of judgment (except for any
amounts payable to the Trustee pursuant to Section 7.06) shall be for the ratable benefit of the Holders of all the Debt Securities in respect of which such action was taken. 

In case of an Event of Default hereunder the Trustee may in its discretion proceed to protect and enforce the rights vested in it by this
Indenture by such appropriate judicial proceedings as the Trustee shall deem most effectual to protect and enforce any of such rights, either at law or in equity or in bankruptcy or otherwise, whether for the specific enforcement of any covenant or
agreement contained in this Indenture or in aid of the exercise of any power granted in this Indenture, or to enforce any other legal or equitable right vested in the Trustee by this Indenture or by law. 

Section 6.03 Application of Moneys Collected by Trustee. Any moneys or other property collected by the Trustee pursuant to
Section 6.02 with respect to Debt Securities of any series shall be applied in the order following, at the date or dates fixed by the Trustee for the distribution of such moneys or other property, upon presentation of the several Debt
Securities of such series in respect of which moneys or other property have been collected, and the notation thereon of the payment, if only partially paid, and upon surrender thereof if fully paid: 

FIRST: To the payment of all money due the Trustee pursuant to Section 7.06; 

  
 32 

 SECOND: In case the principal of the Outstanding Debt Securities in respect of which such
moneys have been collected shall not have become due, to the payment of interest on the Debt Securities of such series in the order of the maturity of the installments of such interest, with interest (to the extent that such interest has been
collected by the Trustee) upon the overdue installments of interest at the rate or Yield to Maturity (in the case of Original Issue Discount Debt Securities) borne by the Debt Securities of such series, such payments to be made ratably to the
Persons entitled thereto, without discrimination or preference; 
 THIRD: In case the principal of the Outstanding Debt
Securities in respect of which such moneys have been collected shall have become due, by declaration or otherwise, to the payment of the whole amount then owing and unpaid upon the Debt Securities of such series for principal and premium, if any,
and interest, with interest on the overdue principal and premium, if any, and (to the extent that such interest has been collected by the Trustee) upon overdue installments of interest at the rate or Yield to Maturity (in the case of Original Issue
Discount Debt Securities) borne by the Debt Securities of such series; and, in case such moneys shall be insufficient to pay in full the whole amount so due and unpaid upon the Debt Securities of such series, then to the payment of such principal
and premium, if any, and interest, without preference or priority of principal and premium, if any, over interest, or of interest over principal and premium, if any, or of any installment of interest over any other installment of interest, or of any
Debt Security of such series over any Debt Security of such series, ratably to the aggregate of such principal and premium, if any, and interest; and 
 FOURTH: The remainder, if any, shall be paid to the Subsidiary Guarantors or the Issuers, as applicable, or to whomsoever may be lawfully entitled to receive the same, or as a court of competent
jurisdiction may direct. 
 The Trustee may fix a record date and payment date for any payment to Holders pursuant to this
Section 6.03. At least 15 days before such record date, the Issuers shall mail to each Holder and the Trustee a notice that states the record date, the payment date and amount to be paid. 

Section 6.04 Limitation on Suits by Holders. No Holder of any Debt Security of any series shall have any right by virtue or
by availing of any provision of this Indenture to institute any action or proceeding at law or in equity or in bankruptcy or otherwise, upon or under or with respect to this Indenture, or for the appointment of a receiver or trustee, or for any
other remedy hereunder, unless such Holder previously shall have given to the Trustee written notice of an Event of Default with respect to Debt Securities of that same series and of the continuance thereof and unless the Holders of not less than
25% in aggregate principal amount of the Outstanding Debt Securities of that series shall have made written request upon the Trustee to institute such action or proceedings in respect of such Event of Default in its own name as Trustee hereunder and
shall have offered to the Trustee such reasonable indemnity or security as it may require against the costs, expenses and liabilities to be incurred therein or thereby, and the Trustee, for 60 days after its receipt of such notice, request and offer
of indemnity or security shall have failed to institute any such action or proceedings and no direction inconsistent with such written request shall have been given to the Trustee pursuant to Section 6.06; it being understood and intended, and
being expressly covenanted by the Holder of every Debt Security with every other Holder and the Trustee, that no one or more Holders shall have any right in any 

  
 33 

 
manner whatever by virtue or by availing of any provision of this Indenture to affect, disturb or prejudice the rights of any Holders, or to obtain or seek to obtain priority over or preference
to any other such Holder, or to enforce any right under this Indenture, except in the manner herein provided and for the equal, ratable and common benefit of all such Holders. For the protection and enforcement of the provisions of this
Section 6.04, each and every Holder and the Trustee shall be entitled to such relief as can be given either at law or in equity. 
 Notwithstanding any other provision in this Indenture, however, the right of any Holder of any Debt Security to receive payment of the principal of, and premium, if any, and (subject to Section 2.12)
interest on, such Debt Security, on or after the respective due dates expressed in such Debt Security, and to institute suit for the enforcement of any such payment on or after such respective dates, shall not be impaired or affected without the
consent of such Holder. 
 Section 6.05 Remedies Cumulative; Delay or Omission in Exercise of Rights Not a Waiver of
Default. All powers and remedies given by this Article VI to the Trustee or to the Holders shall, to the extent permitted by law, be deemed cumulative and not exclusive of any thereof or of any other powers and remedies available to the Trustee
or the Holders, by judicial proceedings or otherwise, to enforce the performance or observance of the covenants and agreements contained in this Indenture, and no delay or omission of the Trustee or of any Holder to exercise any right or power
accruing upon any Default occurring and continuing as aforesaid, shall impair any such right or power, or shall be construed to be a waiver of any such Default or an acquiescence therein; and, subject to the provisions of Section 6.04, every
power and remedy given by this Article VI or by law to the Trustee or to the Holders may be exercised from time to time, and as often as shall be deemed expedient, by the Trustee or by the Holders. 

Section 6.06 Rights of Holders of Majority in Principal Amount of Debt Securities to Direct Trustee and to Waive Default. The
Holders of not less than a majority in aggregate principal amount of the Debt Securities of any series at the time Outstanding shall have the right to direct the time, method and place of conducting any proceeding for any remedy available to the
Trustee, or of exercising any right, trust or power conferred on the Trustee, with respect to the Debt Securities of such series; provided, however, that such direction shall not be otherwise than in accordance with law and the provisions of this
Indenture, and that subject to the provisions of Section 7.01, the Trustee shall have the right to decline to follow any such direction if the Trustee being advised by counsel shall determine that the action so directed may not lawfully be
taken or is inconsistent with any provision of this Indenture, or if the Trustee shall by a responsible officer or officers determine that the action so directed would involve it in personal liability or would be unduly prejudicial to Holders of
Debt Securities of such series not taking part in such direction; and provided, further, however, that nothing in this Indenture contained shall impair the right of the Trustee to take any action deemed proper by the Trustee and which is not
inconsistent with such direction by such Holders. The Holders of not less than a majority in aggregate principal amount of the Debt Securities of any series at the time Outstanding may on behalf of the Holders of all the Debt Securities of that
series waive any past Default or Event of Default and its consequences for that series, except a Default or Event of Default in the payment of the principal of, and premium, if any, or interest on, any of the Debt Securities and a Default or Event
of Default in respect of a provision that under Section 9.02 cannot be amended without the consent of each Holder affected thereby. In case of any such waiver, such Default shall cease to exist, any Event of Default arising therefrom shall be
deemed to have been cured for every 

  
 34 

 
purpose of this Indenture, and the Subsidiary Guarantors, the Issuers, the Trustee and the Holders of the Debt Securities of that series shall be restored to their former positions and rights
hereunder, respectively; but no such waiver shall extend to any subsequent or other Default or Event of Default or impair any right consequent thereon. Prior to taking any action hereunder, the Trustee shall be entitled to indemnification
satisfactory to it in its sole discretion against all losses and expenses caused by taking or not taking such action. 

Section 6.07 Trustee to Give Notice of Events of Defaults Known to It, but May Withhold Such Notice in Certain Circumstances.
The Trustee shall, within 90 days after the occurrence of an Event of Default, or if later, within 30 days after the Trustee obtains actual knowledge of the Event of Default, with respect to a series of Debt Securities give to the Holders thereof,
in the manner provided in Section 13.03, notice of all Events of Default with respect to such series known to the Trustee, unless such Events of Default shall have been cured or waived before the giving of such notice; provided, that, except in
the case of an Event of Default in the payment of the principal of, or premium, if any, or interest on, any of the Debt Securities of such series or in the making of any sinking fund payment with respect to the Debt Securities of such series, the
Trustee shall be protected in withholding such notice if and so long as the board of directors, the executive committee or a committee of directors or responsible officers of the Trustee in good faith determines that the withholding of such notice
is in the interests of the Holders thereof. 
 Section 6.08 Requirement of an Undertaking to Pay Costs in Certain Suits
under the Indenture or Against the Trustee. All parties to this Indenture agree, and each Holder of any Debt Security by his acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the
enforcement of any right or remedy under this Indenture, or in any suit against the Trustee for any action taken or omitted by it as Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit in the manner
and to the extent provided in the TIA, and that such court may in its discretion assess reasonable costs, including reasonable attorneys’ fees and expenses, against any party litigant in such suit, having due regard to the merits and good faith
of the claims or defenses made by such party litigant; but the provisions of this Section 6.08 shall not apply to any suit instituted by the Trustee, to any suit instituted by any Holder, or group of Holders, holding in the aggregate more than
25 percent in principal amount of the Outstanding Debt Securities of that series or to any suit instituted by any Holder for the enforcement of the payment of the principal of, or premium, if any, or interest on, any Debt Security on or after the
due date for such payment expressed in such Debt Security. 
 ARTICLE VII 

CONCERNING THE TRUSTEE 
 Section 7.01 Certain Duties and Responsibilities. The Trustee, prior to the occurrence of an Event of Default and after the curing or waiving of all Events of Default which may have occurred,
undertakes to perform such duties and only such duties as are specifically set forth in this Indenture. In case an Event of Default has occurred (which has not been cured or waived), the Trustee shall exercise such of the rights and powers vested in
it by this Indenture, and use the same degree of care and skill in their exercise, as a prudent man would exercise or use under the circumstances in the conduct of his own affairs. 

  
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 No provision of this Indenture shall be construed to relieve the Trustee from liability for
its own negligent action, its own negligent failure to act, its own bad faith or its own willful misconduct, except that: 
 (a) this paragraph shall not be construed to limit the effect of the first paragraph of this Section 7.01; 
 (b) prior to the occurrence of an Event of Default with respect to the Debt Securities of a series and after the curing or waiving of all Events of Default with respect to such series which may have
occurred: 
 (i) the duties and obligations of the Trustee with respect to Debt Securities of any series shall be
determined solely by the express provisions of this Indenture, and the Trustee shall not be liable except for the performance of such duties and obligations with respect to such series as are specifically set forth in this Indenture, and no implied
covenants or obligations with respect to such series shall be read into this Indenture against the Trustee; 

(ii) in the absence of bad faith on the part of the Trustee, the Trustee may conclusively rely, as to the truth of the
statements and the correctness of the opinions expressed therein, upon any certificates or opinions furnished to the Trustee and conforming to the requirements of this Indenture; but in the case of any such certificates or opinions which by any
provision hereof are specifically required to be furnished to the Trustee, the Trustee shall be under a duty to examine the same to determine whether or not they conform to the requirements of this Indenture; but the Trustee shall examine the
evidence furnished to it pursuant to Sections 4.05 and 4.06 to determine whether or not such evidence conforms to the requirement of this Indenture; 
 (iii) the Trustee shall not be liable for an error of judgment made in good faith by a responsible officer, unless it shall be proved that the Trustee was negligent in ascertaining the pertinent facts;
and 
 (iv) the Trustee shall not be liable with respect to any action taken or omitted to be taken by it with
respect to Debt Securities of any series in good faith in accordance with the direction of the Holders of not less than a majority in aggregate principal amount of the Outstanding Debt Securities of that series relating to the time, method and place
of conducting any proceeding for any remedy available to the Trustee, or exercising any trust or power conferred upon the Trustee, under this Indenture with respect to Debt Securities of such series. 

None of the provisions of this Indenture shall require the Trustee to expend or risk its own funds or otherwise incur any personal
financial liability in the performance of any of its duties hereunder, or in the exercise of any of its rights or powers, if there shall be reasonable grounds for believing that repayment of such funds or adequate indemnity against such risk or
liability is not reasonably assured to it. 
 Whether or not therein expressly so provided, every provision of this Indenture
relating to the conduct or affecting the liability of or affording protection to the Trustee shall be subject to the provisions of this Section. 

  
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 Section 7.02 Certain Rights of Trustee. Except as otherwise provided in
Section 7.01: 
 (a) the Trustee may rely and shall be protected in acting or refraining from acting upon
any resolution, certificate, statement, instrument, opinion, report, notice, request, direction, consent, order, bond, debenture, note or other paper or document (whether in its original or facsimile form) believed by it to be genuine and to have
been signed or presented by the proper party or parties; 
 (b) any request, direction, order or demand of either
of the Issuers mentioned herein shall be sufficiently; evidenced by an Issuer Order (unless other evidence in respect thereof be herein specifically prescribed); and any resolution of the Board of Directors of an Issuer may be evidenced to the
Trustee by a copy thereof certified by its Secretary or an Assistant Secretary; 
 (c) the Trustee may consult
with counsel, and the advice of such counsel or any Opinion of Counsel shall be full and complete authorization and protection in respect of any action taken or suffered or omitted by it hereunder in good faith and in accordance with such advice or
Opinion of Counsel; 
 (d) the Trustee shall be under no obligation to exercise any of the rights or powers
vested in it by this Indenture at the request, order or direction of any of the Holders of Debt Securities of any series pursuant to the provisions of this Indenture, unless such Holders shall have offered to the Trustee reasonable security or
indemnity against the costs, expenses and liabilities which may be incurred therein or thereby; 
 (e) the
Trustee shall not be liable for any action taken or omitted by it in good faith and reasonably believed by it to be authorized or within the discretion or rights or powers conferred upon it by this Indenture; 

(f) prior to the occurrence of an Event of Default and after the curing of all Events of Default which may have occurred,
the Trustee shall not be bound to make any investigation into the facts or matters stated in any resolution, certificate, statement, instrument, opinion, report, notice, request, direction, consent, order, approval or other paper or document, unless
requested in writing to do so by the Holders of a majority in aggregate principal amount of the then Outstanding Debt Securities of a series affected by such matter; provided, however, that if the payment within a reasonable time to the Trustee of
the costs, expenses or liabilities likely to be incurred by it in the making of such investigation is not, in the opinion of the Trustee, reasonably assured to the Trustee by the security afforded to it by the terms of this Indenture, the Trustee
may require reasonable indemnity against such costs, expenses or liabilities as a condition to so proceeding, and the reasonable expense of every such investigation shall be paid by the Issuers or, if paid by the Trustee, shall be repaid by the
Issuers upon demand; 
 (g) the Trustee may execute any of the trusts or powers hereunder or perform any duties
hereunder either directly or by or through agents or attorneys and the Trustee shall not be responsible for any misconduct or negligence on the part of any agent or attorney appointed by it with due care hereunder; and 

  
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 (h) if any property other than cash shall at any time be subject to a Lien
in favor of the Holders, the Trustee, if and to the extent authorized by a receivership or bankruptcy court of competent jurisdiction or by the supplemental instrument subjecting such property to such Lien, shall be entitled to make advances for the
purpose of preserving such property or of discharging tax Liens or other prior Liens or encumbrances thereon. 

Section 7.03 Trustee Not Liable for Recitals in Indenture or in Debt Securities. The recitals contained herein, in the Debt
Securities (except the Trustee’s certificate of authentication) shall be taken as the statements of the Issuers, and the Trustee assumes no responsibility for the correctness of the same. The Trustee makes no representations as to the validity
or sufficiency of this Indenture or of the Debt Securities of any series, except that the Trustee represents that it is duly authorized to execute and deliver this Indenture, authenticate the Debt Securities and perform its obligations hereunder,
and that the statements made by it or to be made by it in a Statement of Eligibility and Qualification on Form T-1 supplied to the Issuers are true and accurate. The Trustee shall not be accountable for the use or application by the Issuers of any
of the Debt Securities or of the proceeds thereof. 
 Section 7.04 Trustee, Paying Agent or Registrar May Own Debt
Securities. The Trustee or any paying agent or Registrar, in its individual or any other capacity, may become the owner or pledgee of Debt Securities and subject to the provisions of the TIA relating to conflicts of interest and preferential
claims may otherwise deal with the Issuers with the same rights it would have if it were not Trustee, paying agent or Registrar. 
 Section 7.05 Moneys Received by Trustee to Be Held in Trust. Subject to the provisions of Section 11.05, all moneys received by the Trustee shall, until used or applied as herein
provided, be held in trust for the purposes for which they were received, but need not be segregated from other funds except to the extent required by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder.
So long as no Event of Default shall have occurred and be continuing, all interest allowed on any such moneys shall be paid from time to time to the Issuers upon an Issuer Order. 

Section 7.06 Compensation and Reimbursement. The Issuers covenant and agree to pay in Dollars to the Trustee from time to
time, and the Trustee shall be entitled to, reasonable compensation for all services rendered by it hereunder (which shall not be limited by any provision of law in regard to the compensation of a trustee of an express trust), and, except as
otherwise expressly provided herein, the Issuers will pay or reimburse in Dollars the Trustee upon its request for all reasonable expenses, disbursements and advances incurred or made by the Trustee in accordance with any of the provisions of this
Indenture (including the reasonable compensation and the expenses and disbursements of its agents, attorneys and counsel and of all Persons not regularly in its employ), including without limitation, Section 6.02, except any such expense,
disbursement or advances as may arise from its negligence, willful misconduct or bad faith. The Issuers also covenant to indemnify in Dollars the Trustee for, and to hold it harmless against, any loss, liability or expense incurred without
negligence, willful misconduct or bad faith on the part of the Trustee, arising out of or in connection with the acceptance or administration of this trust or trusts hereunder, including the reasonable costs and expenses of defending itself against
any claim of liability in connection with the exercise or performance of any of its powers or duties hereunder. The obligations of the Issuers under this Section 7.06 to 

  
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compensate and indemnify the Trustee and to pay or reimburse the Trustee for expenses, disbursements and advances shall constitute additional Debt hereunder and shall survive the satisfaction and
discharge of this Indenture. The Issuers and the Holders agree that such additional Debt shall be secured by a Lien prior to that of the Debt Securities upon all property and funds held or collected by the Trustee, as such, except funds held in
trust for the payment of principal of, and premium, if any, or interest on, particular Debt Securities. 
 When the Trustee
incurs expenses or renders services after an Event of Default specified in Section 6.01(e) or (f) occurs, the expenses and the compensation for the services are intended to constitute expenses of administration under any Bankruptcy Law.

 Section 7.07 Right of Trustee to Rely on an Officers’ Certificate Where No Other Evidence Specifically
Prescribed. Except as otherwise provided in Section 7.01, whenever in the administration of the provisions of this Indenture the Trustee shall deem it necessary or desirable that a matter be proved or established prior to taking or
suffering or omitting any action hereunder, such matter (unless other evidence in respect thereof be herein specifically prescribed) may, in the absence of negligence or bad faith on the part of the Trustee, be deemed to be conclusively proved and
established by an Officers’ Certificate delivered to the Trustee and such certificate, in the absence of negligence or bad faith on the part of the Trustee, shall be full warrant to the Trustee for any action taken, suffered or omitted by it
under the provisions of this Indenture upon the faith thereof. 
 Section 7.08 Separate Trustee; Replacement of
Trustee. The Issuers may, but need not, appoint a separate Trustee for any one or more series of Debt Securities. The Trustee may resign with respect to one or more or all series of Debt Securities at any time by giving notice to the Issuers.
The Holders of a majority in aggregate principal amount of the Debt Securities of a particular series may remove the Trustee for such series and only such series by so notifying the Trustee and may appoint a successor Trustee. The Issuers shall
remove the Trustee if: 
 (a) the Trustee fails to comply with Section 7.10; 

(b) the Trustee is adjudged bankrupt or insolvent; 

(c) a Custodian takes charge of the Trustee or its property; or 

(d) the Trustee otherwise becomes incapable of acting. 

If the Trustee resigns, is removed by the Issuers or by the Holders of a majority in aggregate principal amount of the Debt Securities of
a particular series and such Holders do not reasonably promptly appoint a successor Trustee, or if a vacancy exists in the office of Trustee for any reason (the Trustee in such event being referred to herein as the retiring Trustee), the Issuers
shall promptly appoint a successor Trustee. No resignation or removal of the Trustee and no appointment of a successor Trustee shall become effective until the acceptance of appointment by the successor Trustee in accordance with the applicable
requirements of this Section 7.08. 
 A successor Trustee shall deliver a written acceptance of its appointment to the
retiring Trustee and to the Issuers. Thereupon the resignation or removal of the retiring Trustee shall 

  
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become effective, and the successor Trustee shall have all the rights, powers and duties of the Trustee under this Indenture. The successor Trustee shall mail a notice of its succession to
Holders of Debt Securities of each applicable series. The retiring Trustee shall promptly transfer all property held by it as Trustee to the successor Trustee, subject to the Lien provided for in Section 7.06. 

If a successor Trustee does not take office within 60 days after the retiring Trustee gives notice of resignation or is removed, the
retiring Trustee or the Holders of 25% in aggregate principal amount of the Debt Securities of any applicable series may petition any court of competent jurisdiction for the appointment of a successor Trustee for the Debt Securities of such series.

 If the Trustee fails to comply with Section 7.10, any Holder of Debt Securities of any applicable series may petition
any court of competent jurisdiction for the removal of the Trustee and the appointment of a successor Trustee for the Debt Securities of such series. 
 Notwithstanding the replacement of the Trustee pursuant to this Section 7.08, the Issuers’ obligations under Section 7.06 shall continue for the benefit of the retiring Trustee. 

In the case of the appointment hereunder of a separate or successor Trustee with respect to the Debt Securities of one or more series,
the Issuers, any retiring Trustee and each successor or separate Trustee with respect to the Debt Securities of any applicable series shall execute and deliver an Indenture supplemental hereto (i) which shall contain such provisions as shall be
deemed necessary or desirable to confirm that all the rights, powers, trusts and duties of any retiring Trustee with respect to the Debt Securities of any series as to which any such retiring Trustee is not retiring shall continue to be vested in
such retiring Trustee and (ii) that shall add to or change any of the provisions of this Indenture as shall be necessary to provide for or facilitate the administration of the trusts hereunder by more than one trustee, it being understood that
nothing herein or in such supplemental Indenture shall constitute such Trustees co-trustees of the same trust and that each such separate, retiring or successor Trustee shall be Trustee of a trust or trusts hereunder separate and apart from any
trust or trusts hereunder administered by any other such Trustee. 
 Section 7.09 Successor Trustee by Merger. If
the Trustee consolidates with, merges or converts into, or transfers all or substantially all its corporate trust business or assets to, another corporation or banking association, the resulting, surviving or transferee corporation or banking
association without any further act shall be the successor Trustee. 
 In case at the time such successor or successors to the
Trustee by merger, conversion, consolidation or transfer shall succeed to the trusts created by this Indenture any of the Debt Securities shall have been authenticated but not delivered, any such successor to the Trustee may adopt the certificate of
authentication of any predecessor Trustee, and deliver such Debt Securities so authenticated; and in case at that time any of the Debt Securities shall not have been authenticated, any successor to the Trustee may authenticate such Debt Securities
either in the name of any predecessor hereunder or in the name of the successor to the Trustee; and in all such cases such certificates shall have the full force which it is anywhere in the Debt Securities or in this Indenture provided that the
certificate of the Trustee shall have. 

  
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 Section 7.10 Eligibility; Disqualification. The Trustee shall at all times
satisfy the requirements of Section 310(a) of the TIA. The Trustee shall have a combined capital and surplus of at least $50,000,000 as set forth in its most recent published annual report of condition. No obligor upon the Debt Securities of a
particular series or Person directly or indirectly controlling, controlled by or under common control with such obligor shall serve as Trustee for the Debt Securities of such series. The Trustee shall comply with Section 310(b) of the TIA;
provided, however, that there shall be excluded from the operation of Section 310(b)(1) of the TIA this Indenture or any indenture or indentures under which other securities or certificates of interest or participation in other securities of
the Issuers are outstanding if the requirements for such exclusion set forth in Section 310(b)(1) of the TIA are met. 

Section 7.11 Preferential Collection of Claims Against Issuers. The Trustee shall comply with Section 311(a) of the TIA,
excluding any creditor relationship listed in Section 311(b) of the TIA. A Trustee who has resigned or been removed shall be subject to Section 311(a) of the TIA to the extent indicated therein. 

Section 7.12 Compliance with Tax Laws. The Trustee hereby agrees to comply with all U.S. Federal income tax information
reporting and withholding requirements applicable to it with respect to payments of premium (if any) and interest on the Debt Securities, whether acting as Trustee, Registrar, paying agent or otherwise with respect to the Debt Securities.

 ARTICLE VIII 
 CONCERNING THE HOLDERS 
 Section 8.01 Evidence of Action by
Holders. Whenever in this Indenture it is provided that the Holders of a specified percentage in aggregate principal amount of the Debt Securities of any or all series may take action (including the making of any demand or request, the giving of
any direction, notice, consent or waiver or the taking of any other action) the fact that at the time of taking any such action the Holders of such specified percentage have joined therein may be evidenced (a) by any instrument or any number of
instruments of similar tenor executed by Holders in Person or by agent or proxy appointed in writing, (b) by the record of the Holders voting in favor thereof at any meeting of Holders duly called and held in accordance with the provisions of
Section 5.02, (c) by a combination of such instrument or instruments and any such record of such a meeting of Holders or (d) in the case of Debt Securities evidenced by a Global Security, by any electronic transmission or other
message, whether or not in written format, that complies with the Depositary’s applicable procedures. 
 Section 8.02
Proof of Execution of Instruments and of Holding of Debt Securities. Subject to the provisions of Sections 7.01, 7.02 and 13.09, proof of the execution of any instrument by a Holder or his agent or proxy shall be sufficient if made in
accordance with such reasonable rules and regulations as may be prescribed by the Trustee or in such manner as shall be satisfactory to the Trustee. The ownership of Debt Securities of any series shall be proved by the Debt Security Register or by a
certificate of the Registrar for such series. The Trustee may require such additional proof of any matter referred to in this Section 8.02 as it shall deem necessary. 

  
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 Section 8.03 Who May Be Deemed Owner of Debt Securities. Prior to due
presentment for registration of transfer of any Debt Security, the Issuers, the Subsidiary Guarantors, the Trustee, any paying agent and any Registrar may deem and treat the Person in whose name any Debt Security shall be registered upon the books
of the Issuers as the absolute owner of such Debt Security (whether or not such Debt Security shall be overdue and notwithstanding any notation of ownership or other writing thereon) for the purpose of receiving payment of or on account of the
principal of and premium, if any, and (subject to Section 2.12) interest on such Debt Security and for all other purposes, and none of the Issuers, the Subsidiary Guarantors or the Trustee nor any paying agent nor any Registrar shall be
affected by any notice to the contrary; and all such payments so made to any such Holder for the time being, or upon his order, shall be valid and, to the extent of the sum or sums so paid, effectual to satisfy and discharge the liability for moneys
payable upon any such Debt Security. 
 None of the Issuers, the Subsidiary Guarantors, the Trustee, any paying agent or any
Registrar will have any responsibility or liability for any aspect of the records relating to or payments made on account of beneficial ownership interests in a Global Security or for maintaining, supervising or reviewing any records relating to
such beneficial ownership interests. 
 Section 8.04 Instruments Executed by Holders Bind Future Holders. At any
time prior to (but not after) the evidencing to the Trustee, as provided in Section 8.01, of the taking of any action by the Holders of the percentage in aggregate principal amount of the Debt Securities of any series specified in this
Indenture in connection with such action and subject to the following paragraph, any Holder of a Debt Security which is shown by the evidence to be included in the Debt Securities the Holders of which have consented to such action may, by filing
written notice with the Trustee at its corporate trust office and upon proof of holding as provided in Section 8.02, revoke such action so far as concerns such Debt Security. Except as aforesaid any such action taken by the Holder of any Debt
Security shall be conclusive and binding upon such Holder and upon all future Holders and owners of such Debt Security and of any Debt Security issued upon transfer thereof or in exchange or substitution therefor, irrespective of whether or not any
notation in regard thereto is made upon such Debt Security or such other Debt Securities. Any action taken by the Holders of the percentage in aggregate principal amount of the Debt Securities of any series specified in this Indenture in connection
with such action shall be conclusively binding upon the Issuers, the Subsidiary Guarantors, the Trustee and the Holders of all the Debt Securities of such series. 
 The Issuers may, but shall not be obligated to, fix a record date for the purpose of determining the Holders of Debt Securities entitled to give their consent or take any other action required or
permitted to be taken pursuant to this Indenture. If a record date is fixed, then notwithstanding the immediately preceding paragraph, those Persons who were Holders of Debt Securities at such record date (or their duly designated proxies), and only
those Persons, shall be entitled to give such consent or to revoke any consent previously given or to take any such action, whether or not such Persons continue to be Holders of Debt Securities after such record date. No such consent shall be valid
or effective for more than 120 days after such record date unless the consent of the Holders of the percentage in aggregate principal amount of the Debt Securities of such series specified in this Indenture shall have been received within such
120-day period. 

  
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 ARTICLE IX 
 SUPPLEMENTAL INDENTURES 
 Section 9.01 Purposes for Which
Supplemental Indenture May Be Entered into Without Consent of Holders. The Issuers, any Subsidiary Guarantors and the Trustee may from time to time and at any time, without the consent of Holders, enter into an Indenture or Indentures
supplemental hereto (which shall conform to the provisions of the TIA as in force at the date of the execution thereof) for one or more of the following purposes: 

(a) to evidence the succession pursuant to Article X of another Person to either of the Issuers, or successive
successions, and the assumption by the Successor Company (as defined in Section 10.01) of the covenants, agreements and obligations of its predecessor Issuer in this Indenture and in the Debt Securities; 

(b) to surrender any right or power herein conferred upon the Issuers or the Subsidiary Guarantors, to add to the
covenants of the Issuers or the Subsidiary Guarantors such further covenants, restrictions, conditions or provisions for the protection of the Holders of all or any series of Debt Securities (and if such covenants are to be for the benefit of less
than all series of Debt Securities, stating that such covenants are expressly being included solely for the benefit of such series) as the Board of Directors shall consider to be for the protection of the Holders of such Debt Securities, and to make
the occurrence, or the occurrence and continuance, of a Default in any of such additional covenants, restrictions, conditions or provisions a Default or an Event of Default permitting the enforcement of all or any of the several remedies provided in
this Indenture; provided, that in respect of any such additional covenant, restriction, condition or provision such supplemental Indenture may provide for a particular period of grace after Default (which period may be shorter or longer than that
allowed in the case of other Defaults) or may provide for an immediate enforcement upon such Default or may limit the remedies available to the Trustee upon such Default or may limit the right of the Holders of a majority in aggregate principal
amount of any or all series of Debt Securities to waive such Default; 
 (c) to cure any ambiguity or omission or
to correct or supplement any provision contained herein, in any supplemental Indenture or in any Debt Securities of any series that may be defective or inconsistent with any other provision contained herein, in any supplemental Indenture or in the
Debt Securities of such series; to convey, transfer, assign, mortgage or pledge any property to or with the Trustee, or to make such other provisions in regard to matters or questions arising under this Indenture as shall not adversely affect the
interests of any Holders of Debt Securities of any series; 
 (d) to permit the qualification of this Indenture
or any Indenture supplemental hereto under the TIA as then in effect, except that nothing herein contained shall permit or authorize the inclusion in any Indenture supplemental hereto of the provisions referred to in Section 316(a)(2) of the
TIA; 
 (e) to permit or facilitate the issuance of Debt Securities of any series in uncertificated form;

  
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 (f) to reflect the release of any Subsidiary Guarantor in accordance with
Article XIV; 
 (g) to add Subsidiary Guarantors with respect to any or all of the Debt Securities or to secure
any or all of the Debt Securities or the Guarantee; 
 (h) to make any change that does not adversely affect the
rights hereunder of any Holder; 
 (i) to add to, change or eliminate any of the provisions of this Indenture in
respect of one or more series of Debt Securities; provided, however, that any such addition, change or elimination not otherwise permitted under this Section 9.01 shall neither apply to any Debt Security of any series created prior to the
execution of such supplemental Indenture and entitled to the benefit of such provision nor modify the rights of the Holder of any such Debt Security with respect to such provision or shall become effective only when there is no such Debt Security
Outstanding; 
 (j) to evidence and provide for the acceptance of appointment hereunder by a successor or
separate Trustee with respect to the Debt Securities of one or more series and to add to or change any of the provisions of this Indenture as shall be necessary to provide for or facilitate the administration of the trusts hereunder by more than one
Trustee; and 
 (k) to establish the form or terms of Debt Securities of any series as permitted by Sections 2.01
and 2.03. 
 The Trustee is hereby authorized to join with the Issuers and the Subsidiary Guarantors in the execution of any
such supplemental Indenture, to make any further appropriate agreements and stipulations which may be therein contained and to accept the conveyance, transfer, assignment, mortgage or pledge of any property thereunder, but the Trustee shall not be
obligated to enter into any such supplemental Indenture which affects the Trustee’s own rights, duties or immunities under this Indenture or otherwise. 
 Any supplemental Indenture authorized by the provisions of this Section 9.01 may be executed by the Issuers, the Subsidiary Guarantors and the Trustee without the consent of the Holders of any of the
Debt Securities at the time Outstanding, notwithstanding any of the provisions of Section 9.02. 
 Section 9.02
Modification of Indenture with Consent of Holders of Debt Securities. Without notice to any Holder but with the consent (evidenced as provided in Section 8.01) of the Holders of not less than a majority in aggregate principal amount of
the Outstanding Debt Securities of each series affected by such supplemental Indenture (including consents obtained in connection with a tender offer or exchange offer for any such series of Debt Securities), the Issuers and the Subsidiary
Guarantors, when authorized by resolutions of each Issuer’s Board of Directors, and the Trustee may from time to time and at any time enter into an Indenture or Indentures supplemental hereto (which shall conform to the provisions of the TIA as
in force at the date of execution thereof) for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of this Indenture or of any supplemental Indenture or of modifying in any manner the rights of the
Holders of the Debt Securities of such series; 

  
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provided, that no such supplemental Indenture, without the consent of the Holders of each Debt Security so affected, shall: reduce the rate of or extend the time for payment of interest on any
Debt Security; reduce the principal of or extend the Stated Maturity of any Debt Security; reduce any premium payable upon the redemption of any Debt Security or change the time at which any Debt Security may or shall be redeemed in accordance with
Article III; make any Debt Security payable in currency other than that stated in such Debt Security; impair the right of any Holder to receive payment of premium, if any, principal of and interest on such Holder’s Debt Securities on or after
the due dates therefor or to institute suit for the enforcement of any payment on or with respect to such Holder’s Debt Securities; release any security that may have been granted in respect of the Debt Securities, other than in accordance with
this Indenture; make any change in Section 6.06 or this Section 9.02 (except to increase any percentage set forth therein or herein); or, except as provided in Section 11.02(b) or Section14.04, release the Subsidiary Guarantors other
than as provided in this Indenture or modify the Guarantee in any manner adverse to the Holders. 
 A supplemental Indenture
which changes or eliminates any covenant or other provision of this Indenture which has been expressly included solely for the benefit of one or more particular series of Debt Securities or which modifies the rights of the Holders of Debt Securities
of such series with respect to such covenant or other provision, shall be deemed not to affect the rights under this Indenture of the Holders of Debt Securities of any other series. 

Upon the request of the Issuers, accompanied by a copy of resolutions of the Board of Directors of each Issuer authorizing the execution
of any such supplemental Indenture, and upon the filing with the Trustee of evidence of the consent of Holders as aforesaid, the Trustee shall join with the Issuers and the Subsidiary Guarantors in the execution of such supplemental Indenture unless
such supplemental Indenture affects the Trustee’s own rights, duties or immunities under this Indenture or otherwise, in which case the Trustee may in its discretion but shall not be obligated to enter into such supplemental Indenture.

 It shall not be necessary for the consent of the Holders under this Section 9.02 to approve the particular form of any
proposed supplemental Indenture, but it shall be sufficient if such consent shall approve the substance thereof. 
 After an
amendment under this Section 9.02 requiring the consent of the Holders of any series of Debt Securities becomes effective, the Issuers shall mail to Holders of that series of Debt Securities of each series affected thereby a notice briefly
describing such amendment. The failure to give such notice to any such Holders, or any defect therein, shall not impair or affect the validity of an amendment under this Section 9.02 with respect to other Holders. 

Section 9.03 Effect of Supplemental Indentures. Upon the execution of any supplemental Indenture pursuant to the provisions
of this Article IX, this Indenture shall be and be deemed to be modified and amended in accordance therewith and the respective rights, limitations of rights, obligations, duties and immunities under this Indenture of the Trustee, the Issuers, the
Subsidiary Guarantors and the Holders shall thereafter be determined, exercised and enforced hereunder subject in all respects to such modifications and amendments, and all the terms and conditions of any such supplemental Indenture shall be and be
deemed to be part of the terms and conditions of this Indenture for any and all purposes. 

  
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 The Trustee, subject to the provisions of Sections 7.01 and 7.02, may receive an
Officers’ Certificate and an Opinion of Counsel as conclusive evidence that any such supplemental Indenture complies with the provisions of this Article IX. 
 Section 9.04 Debt Securities May Bear Notation of Changes by Supplemental Indentures. Debt Securities of any series authenticated and delivered after the execution of any supplemental
Indenture pursuant to the provisions of this Article IX may, and shall if required by the Trustee, bear a notation in form approved by the Trustee as to any matter provided for in such supplemental Indenture. New Debt Securities of any series so
modified as to conform, in the opinion of the Trustee and the Board of Directors, to any modification of this Indenture contained in any such supplemental Indenture may be prepared and executed by the Issuers, authenticated by the Trustee and
delivered in exchange for the Debt Securities of such series then Outstanding. Failure to make the appropriate notation or to issue a new Debt Security of such series shall not affect the validity of such amendment. 

ARTICLE X 

CONSOLIDATION, MERGER, SALE OR CONVEYANCE 
 Section 10.01 Consolidations and Mergers of the Issuers. Neither of the Issuers may consolidate or amalgamate with or merge with or into any Person, or sell, convey, transfer, lease or
otherwise dispose of all or substantially all its assets to any Person, whether in a single transaction or a series of related transactions, unless: (a) either (i) such Issuer shall be the surviving Person in the case of a merger or
(ii) the resulting, surviving or transferee Person if other than such Issuer (the “Successor Company”), shall be a partnership, limited liability company or corporation organized and existing under the laws of the United States, any
State thereof or the District of Columbia (provided that Finance Corp. may not consolidate or amalgamate with or merge into another Person other than a corporation satisfying such requirements so long as the Partnership is not a corporation), and
the Successor Company shall expressly assume, by an Indenture supplemental hereto, executed and delivered to the Trustee, in form satisfactory to the Trustee, all the obligations of such Issuer under this Indenture and the Debt Securities according
to their tenor; (b) immediately after giving effect to such transaction or series of transactions (and treating any Debt which becomes an obligation of the Successor Company or any Subsidiary of such Issuer as a result of such transaction as
having been incurred by the Successor Company or such Subsidiary at the time of such transaction or series of transactions), no Default or Event of Default would occur or be continuing; (c) if such Issuer is not the continuing Person, then each
Subsidiary Guarantor, unless it has become the Successor Company, shall confirm that its Guarantee shall continue to apply to the obligations under the Debt Securities and this Indenture; and (d) the Issuers shall have delivered to the Trustee
an Officers’ Certificate and an Opinion of Counsel, each stating that such consolidation, amalgamation, merger or disposition and such supplemental Indenture (if any) comply with this Indenture. 

Section 10.02 Rights and Duties of Successor Company. In case of any consolidation, amalgamation or merger where such Issuer
is not the continuing Person, or disposition of all or substantially all of the assets of such Issuer in accordance with Section 10.01, the Successor Company shall succeed to and be substituted for such Issuer with the same effect as if it had
been named herein as the respective party to this Indenture, and the predecessor entity shall be 

  
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released from all liabilities and obligations under this Indenture and the Debt Securities, except that no such release will occur in the case of a lease of all or substantially all of such
Issuer’s assets. The Successor Company thereupon may cause to be signed, and may issue either in its own name or in the name of such Issuer, any or all the Debt Securities issuable hereunder which theretofore shall not have been signed by or on
behalf of such Issuer and delivered to the Trustee; and, upon the order of the Successor Company, instead of such Issuer, and subject to all the terms, conditions and limitations in this Indenture prescribed, the Trustee shall authenticate and shall
deliver any Debt Securities which previously shall have been signed and delivered by or on behalf of such Issuer to the Trustee for authentication, and any Debt Securities which the Successor Company thereafter shall cause to be signed and delivered
to the Trustee for that purpose. All the Debt Securities so issued shall in all respects have the same legal rank and benefit under this Indenture as the Debt Securities theretofore or thereafter issued in accordance with the terms of this Indenture
as though all such Debt Securities had been issued at the date of the execution hereof. 
 In case of any such consolidation,
amalgamation, merger, sale or disposition such changes in phraseology and form (but not in substance) may be made in the Debt Securities thereafter to be issued as may be appropriate. 

ARTICLE XI 

SATISFACTION AND DISCHARGE OF INDENTURE; DEFEASANCE; UNCLAIMED MONEYS 

Section 11.01 Applicability of Article. The provisions of this Article XI relating to discharge or defeasance of Debt
Securities shall be applicable to each series of Debt Securities except as otherwise specified pursuant to Section 2.03 for Debt Securities of such series. 
 Section 11.02 Satisfaction and Discharge of Indenture; Defeasance. 
 (a) If at any time the Issuers shall have delivered to the Trustee for cancellation all Debt Securities of any series theretofore authenticated and delivered (other than any Debt Securities of such series
which shall have been destroyed, lost or stolen and which shall have been replaced or paid as provided in Section 2.09 and Debt Securities for whose payment money has theretofore been deposited in trust and thereafter repaid to the Issuers as
provided in Section 11.05) or all Debt Securities of such series not theretofore delivered to the Trustee for cancellation shall have become due and payable by reason of the giving of a notice of redemption or otherwise, or are by their terms
to become due and payable within one year or are to be called for redemption within one year under arrangements satisfactory to the Trustee for the giving of notice of redemption, and the Issuers shall irrevocably deposit with the Trustee as trust
funds the entire amount in cash sufficient, without consideration of any investment of interest, to pay at final maturity or upon redemption all Debt Securities of such series not theretofore delivered to the Trustee for cancellation, including
principal and premium, if any, and interest due or to become due on such date of final maturity or Redemption Date, as the case may be, and if in either case the Issuers shall also pay or cause to be paid all other sums payable hereunder by the
Issuers, then this Indenture shall cease to be of further effect (except as to any surviving rights of registration of transfer or exchange of such Debt Securities herein expressly provided for) with respect to the Debt Securities of such series,
and the Trustee, on demand of the Issuers 

  
 47 

 
accompanied by an Officers’ Certificate and an Opinion of Counsel and at the cost and expense of the Issuers, shall execute proper instruments acknowledging satisfaction of and discharging
this Indenture with respect to the Debt Securities of such series. 
 (b) Subject to Sections 11.02(c), 11.03 and
11.07, the Issuers at any time may terminate, with respect to Debt Securities of a particular series, all their obligations under the Debt Securities of such series and this Indenture with respect to the Debt Securities of such series (“legal
defeasance option”) or the operation of (w) Sections 4.09 and 4.10, (x) any covenant made applicable to such Debt Securities pursuant to Section 2.03, (y) Sections 6.01(d), (g) and (h) and (z) as they relate
to the Subsidiary Guarantors only, Sections 6.01(e) and (f) (“covenant defeasance option”). If the Issuers exercise either their legal defeasance option or their covenant defeasance option with respect to Debt Securities of a
particular series that are entitled to the benefit of the Guarantee, the Guarantee will terminate with respect to that series of Debt Securities. The Issuers may exercise their legal defeasance option notwithstanding their prior exercise of their
covenant defeasance option. 
 If the Issuers exercise their legal defeasance option, payment of the Debt Securities of the
defeased series may not be accelerated because of an Event of Default. If the Issuers exercise their covenant defeasance option, payment of the Debt Securities of the defeased series may not be accelerated because of an Event of Default specified in
Sections 6.01(d), (g) and (h) and, with respect to the Subsidiary Guarantors only, Sections 6.01(e) and (f). 
 Upon
satisfaction of the conditions set forth herein and upon request of the Issuers, the Trustee shall acknowledge in writing the discharge of those obligations that the Issuers terminate. 

(c) Notwithstanding clauses (a) and (b) above, the Issuers’ obligations in Sections 2.07, 2.09, 4.02, 4.03, 4.04, the last
sentence of 4.05(a), 4.06(a), 5.01, 7.06, 11.05, 11.06 and 11.07 shall survive until the Debt Securities of the defeased series have been paid in full. Thereafter, the Issuers’ obligations in Sections 7.06, 11.05 and 11.06 shall survive.

 Section 11.03 Conditions of Defeasance. The Issuers may exercise their legal defeasance option or their covenant
defeasance option with respect to Debt Securities of a particular series only if: 
 (a) the Issuers irrevocably
deposit in trust with the Trustee money or U.S. Government Obligations for the payment of principal of, and premium, if any, and interest on, the Debt Securities of such series to final maturity or redemption, as the case may be; 

(b) the Issuers deliver to the Trustee a certificate from a nationally recognized firm of independent accountants
expressing their opinion that the payments of principal and interest when due and without reinvestment on the deposited U.S. Government Obligations plus any deposited money without investment will provide cash at such times and in such amounts as
will be sufficient to pay the principal, premium, if any, and interest when due on all the Debt Securities of such series to final maturity or redemption, as the case may be; 

  
 48 

 (c) 91 days pass after the deposit is made and during the 91-day period no
Default specified in Section 6.01(e) or (f) with respect to the Issuers occurs which is continuing at the end of the period; 
 (d) no Default has occurred and is continuing on the date of such deposit and after giving effect thereto; 
 (e) the deposit does not constitute a default under any other agreement binding on the Issuers; 
 (f) the Issuers deliver to the Trustee an Opinion of Counsel to the effect that the trust resulting from the deposit does not constitute, or is qualified as, a regulated investment company under the
Investment Company Act of 1940; 
 (g) in the event of the legal defeasance option, the Issuers shall have
delivered to the Trustee an Opinion of Counsel stating that the Issuers have received from the Internal Revenue Service a ruling, or since the date of this Indenture there has been a change in the applicable Federal income tax law, in either case to
the effect that, and based thereon such Opinion of Counsel shall confirm that, the Holders of Debt Securities of such series will not recognize income, gain or loss for Federal income tax purposes as a result of such defeasance and will be subject
to Federal income tax on the same amounts, in the same manner and at the same times as would have been the case if such defeasance had not occurred; 
 (h) in the event of the covenant defeasance option, the Issuers shall have delivered to the Trustee an Opinion of Counsel to the effect that the Holders of Debt Securities of such series will not
recognize income, gain or loss for Federal income tax purposes as a result of such covenant defeasance and will be subject to Federal income tax on the same amounts, in the same manner and at the same times as would have been the case if such
covenant defeasance had not occurred; and 
 (i) the Issuers deliver to the Trustee an Officers’ Certificate
and an Opinion of Counsel, each stating that all conditions precedent to the defeasance and discharge of the Debt Securities of such series as contemplated by this Article XI have been complied with. 

Before or after a deposit, the Issuers may make arrangements satisfactory to the Trustee for the redemption of Debt Securities of such
series at a future date in accordance with Article III. 
 Section 11.04 Application of Trust Money. The Trustee
shall hold in trust money or U.S. Government Obligations deposited with it pursuant to this Article XI. It shall apply the deposited money and the money from U.S. Government Obligations through any paying agent and in accordance with this Indenture
to the payment of principal of, and premium, if any, and interest on, the Debt Securities of the defeased series. 

Section 11.05 Repayment to Issuers. The Trustee and any paying agent shall promptly turn over to the Issuers upon request any
excess money or securities held by them at any time. 

  
 49 

 Subject to any applicable abandoned property law, the Trustee and any paying agent shall pay
to the Issuers upon request any money held by them for the payment of principal, premium or interest that remains unclaimed for two years, and, thereafter, Holders entitled to such money must look to the Issuers for payment as general creditors.

 Section 11.06 Indemnity for U.S. Government Obligations. The Issuers shall pay and shall indemnify the Trustee
and the Holders against any tax, fee or other charge imposed on or assessed against deposited U.S. Government Obligations or the principal and interest received on such U.S. Government Obligations. 

Section 11.07 Reinstatement. If the Trustee or any paying agent is unable to apply any money or U.S. Government Obligations
in accordance with this Article XI by reason of any legal proceeding or by reason of any order or judgment of any court or government authority enjoining, restraining or otherwise prohibiting such application, the Issuers’ obligations under
this Indenture and the Debt Securities of the defeased series shall be revived and reinstated as though no deposit had occurred pursuant to this Article XI until such time as the Trustee or any paying agent is permitted to apply all such money or
U.S. Government Obligations in accordance with this Article XI. 
 ARTICLE XII 

[RESERVED] 

This Article XII has been intentionally omitted. 
 ARTICLE XIII 
 MISCELLANEOUS PROVISIONS 

Section 13.01 Successors and Assigns of Issuers Bound by Indenture. All the covenants, stipulations, promises and agreements
in this Indenture contained by or in behalf of the Issuers, the Subsidiary Guarantors or the Trustee shall bind their respective successors and assigns, whether so expressed or not. 

Section 13.02 Acts of Board, Committee or Officer of Successor Issuer Valid. Any act or proceeding by any provision of this
Indenture authorized or required to be done or performed by any board, committee or officer of either of the Issuers shall and may be done and performed with like force and effect by the like board, committee or officer of any Successor Company.

 Section 13.03 Required Notices or Demands. Any notice or communication by the Issuers, the Subsidiary Guarantors
or the Trustee to the others is duly given if in writing in the English language and delivered in Person or mailed by registered or certified mail (return receipt requested), telecopier or overnight air courier guaranteeing next day delivery, to the
other’s address: 

  
 50 

 If to the Issuers or any Subsidiary Guarantor: 

Star Gas Partners, L.P. 
 2187 Atlantic Street 
 Stamford, Connecticut 06902 

Attention: Daniel P. Donovan, Chief Executive Officer 
 Telecopy No.: 203-328-7470 
 If to the Trustee: 

[                       
                     ] 

The Issuers, any Subsidiary Guarantor or the Trustee by notice to the others may designate additional or different addresses for
subsequent notices or communications. 
 All notices and communications shall be deemed to have been duly given: at the time
delivered by hand, if personally delivered; five Business Days after being deposited in the mail, postage prepaid, if mailed; on the first Business Day on or after being sent, if telecopied and the sender receives confirmation of successful
transmission; and the next Business Day after timely delivery to the courier, if sent by overnight air courier guaranteeing next day delivery. 
 Any notice required or permitted to a Holder by the Issuers, any Subsidiary Guarantor or the Trustee pursuant to the provisions of this Indenture shall be deemed to be properly mailed by being deposited
postage prepaid in a post office letter box in the United States addressed to such Holder at the address of such Holder as shown on the Debt Security Register. Any report pursuant to Section 313 of the TIA shall be transmitted in compliance
with subsection (c) therein. 
 Notwithstanding the foregoing, any notice to Holders of Floating Rate Securities regarding
the determination of a periodic rate of interest, if such notice is required pursuant to Section 2.03, shall be sufficiently given if given in the manner specified pursuant to Section 2.03. 

In the event of suspension of regular mail service or by reason of any other cause it shall be impracticable to give notice by mail, then
such notification as shall be given with the approval of the Trustee shall constitute sufficient notice for every purpose hereunder. 
 In the event it shall be impracticable to give notice by publication, then such notification as shall be given with the approval of the Trustee shall constitute sufficient notice for every purpose
hereunder. 
 Failure to mail a notice or communication to a Holder or any defect in it or any defect in any notice by
publication as to a Holder shall not affect the sufficiency of such notice with respect to other Holders. If a notice or communication is mailed or published in the manner provided above, it is conclusively presumed duly given. 

Section 13.04 Indenture and Debt Securities to Be Construed in Accordance with the Laws of the State of New York. THIS
INDENTURE, EACH DEBT SECURITY AND THE 

  
 51 

 
GUARANTEE SHALL BE DEEMED TO BE NEW YORK CONTRACTS, AND FOR ALL PURPOSES SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF SAID STATE WITHOUT REGARD TO CONFLICTS OF LAWS
PRINCIPLES THEREOF. 
 Section 13.05 Officers’ Certificate and Opinion of Counsel to Be Furnished upon Application
or Demand by the Issuers. Upon any application or demand by the Issuers to the Trustee to take any action under any of the provisions of this Indenture, each of the Issuers shall furnish to the Trustee an Officers’ Certificate stating that
all conditions precedent provided for in this Indenture relating to the proposed action have been complied with and an Opinion of Counsel stating that, in the opinion of such counsel, all such conditions precedent have been complied with, except
that in the case of any such application or demand as to which the furnishing of such document is specifically required by any provision of this Indenture relating to such particular application or demand, no additional certificate or opinion need
be furnished. 
 Each certificate or opinion provided for in this Indenture and delivered to the Trustee with respect to
compliance with a condition or covenant provided for in this Indenture shall include (a) a statement that the Person making such certificate or opinion has read such covenant or condition, (b) a brief statement as to the nature and scope
of the examination or investigation upon which the statements or opinions contained in such certificate or opinion are based, (c) a statement that, in the opinion of such Person, he has made such examination or investigation as is necessary to
enable him to express an informed opinion as to whether or not such covenant or condition has been complied with and (d) a statement as to whether or not, in the opinion of such Person, such condition or covenant has been complied with.

 Section 13.06 Payments Due on Legal Holidays. In any case where the date of maturity of interest on or principal
of and premium, if any, on the Debt Securities of a series or the date fixed for redemption or repayment of any Debt Security or the making of any sinking fund payment shall not be a Business Day at any Place of Payment for the Debt Securities of
such series, then payment of interest or principal and premium, if any, or the making of such sinking fund payment need not be made on such date at such Place of Payment, but may be made on the next succeeding Business Day at such Place of Payment
with the same force and effect as if made on the date of maturity or the date fixed for redemption, and no interest shall accrue for the period after such date. If a record date is not a Business Day, the record date shall not be affected.

 Section 13.07 Provisions Required by TIA to Control. If and to the extent that any provision of this Indenture
limits, qualifies or conflicts with another provision included in this Indenture which is required to be included in this Indenture by any of Sections 310 to 318, inclusive, of the TIA, such required provision shall control. 

Section 13.08 Computation of Interest on Debt Securities. Interest, if any, on the Debt Securities shall be computed on the
basis of a 360-day year of twelve 30-day months, except as may otherwise be provided pursuant to Section 2.03. 

  
 52 

 Section 13.09 Rules by Trustee, Paying Agent and Registrar. The Trustee may make
reasonable rules for action by or a meeting of Holders. The Registrar and any paying agent may make reasonable rules for their functions. 
 Section 13.10 No Recourse Against Others. None of the past, present or future partners, incorporators, managers, members, directors, officers, employees, unitholders or stockholders of either
Issuer, the general partner of the Partnership or any Subsidiary Guarantor, as such, shall have any liability for any obligations of the Subsidiary Guarantors or the Issuers under the Debt Securities, this Indenture or the Guarantee or for any claim
based on, in respect of, or by reason of, such obligations or their creation. By accepting a Debt Security, each Holder shall be deemed to have waived and released all such liability. The waiver and release shall be part of the consideration for the
issue of the Debt Securities. 
 Section 13.11 Severability. In case any provision in this Indenture or the Debt
Securities shall be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby. 

Section 13.12 Effect of Headings. The article and section headings herein and in the Table of Contents are for convenience
only and shall not affect the construction hereof. 
 Section 13.13 Indenture May Be Executed in Counterparts. This
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. 
 ARTICLE XIV 
 GUARANTEE 

Section 14.01 Unconditional Guarantee. 

(a) Notwithstanding any provision of this Article XIV to the contrary, the provisions of this Article XIV shall be
applicable only to, and inure solely to the benefit of, the Debt Securities of any series designated, pursuant to Section 2.03, as entitled to the benefits of the Guarantee of each of the Subsidiary Guarantors. 

(b) For value received, each of the Subsidiary Guarantors hereby fully, unconditionally and absolutely guarantees (the
“Guarantee”) to the Holders and to the Trustee the due and punctual payment of the principal of, and premium, if any, and interest on the Debt Securities and all other amounts due and payable under this Indenture and the Debt Securities by
the Issuers, when and as such principal, premium, if any, and interest shall become due and payable, whether at the Stated Maturity or by declaration of acceleration, call for redemption or otherwise, according to the terms of the Debt Securities
and this Indenture, subject to the limitations set forth in Section 14.03. 
 (c) Failing payment when due
of any amount guaranteed pursuant to the Guarantee, for whatever reason, each of the Subsidiary Guarantors will be jointly and severally obligated to pay the same immediately. The Guarantee hereunder is intended to be a general, unsecured, senior
obligation of each of the Subsidiary Guarantors and will rank pari passu in right of payment with all Debt of each Subsidiary Guarantor that is not, by its terms, expressly 

  
 53 

 
subordinated in right of payment to the Guarantee. Each of the Subsidiary Guarantors hereby agrees that its obligations hereunder shall be full, unconditional and absolute, irrespective of the
validity, regularity or enforceability of the Debt Securities, the Guarantee (including the Guarantee of any other Subsidiary Guarantor) or this Indenture, the absence of any action to enforce the same, any waiver or consent by any Holder of the
Debt Securities with respect to any provisions hereof or thereof, the recovery of any judgment against either of the Issuers or any other Subsidiary Guarantor, or any action to enforce the same or any other circumstances which might otherwise
constitute a legal or equitable discharge or defense of any of the Subsidiary Guarantors. Each of the Subsidiary Guarantors hereby agrees that in the event of a default in payment of the principal of, or premium, if any, or interest on the Debt
Securities, whether at the Stated Maturity or by declaration of acceleration, call for redemption or otherwise, legal proceedings may be instituted by the Trustee on behalf of the Holders or, subject to Section 6.04, by the Holders, on the
terms and conditions set forth in this Indenture, directly against such Subsidiary Guarantor to enforce the Guarantee without first proceeding against either of the Issuers or any other Subsidiary Guarantor. 

(d) The obligations of each of the Subsidiary Guarantors under this Article XIV shall be as aforesaid full, unconditional
and absolute and shall not be impaired, modified, released or limited by any occurrence or condition whatsoever, including, without limitation, (A) any compromise, settlement, release, waiver, renewal, extension, indulgence or modification of,
or any change in, any of the obligations and liabilities of any of the Issuers or the Subsidiary Guarantors contained in the Debt Securities or this Indenture, (B) any impairment, modification, release or limitation of the liability of any of
the Issuers or the Subsidiary Guarantors or any of their estates in bankruptcy, or any remedy for the enforcement thereof, resulting from the operation of any present or future provision of any applicable Bankruptcy Law, as amended, or other statute
or from the decision of any court, (C) the assertion or exercise by any of the Issuers, the Subsidiary Guarantors or the Trustee of any rights or remedies under the Debt Securities or this Indenture or their delay in or failure to assert or
exercise any such rights or remedies, (D) the assignment or the purported assignment of any property as security for the Debt Securities, including all or any part of the rights of any of the Issuers or the Subsidiary Guarantors under this
Indenture, (E) the extension of the time for payment by any of the Issuers or the Subsidiary Guarantors of any payments or other sums or any part thereof owing or payable under any of the terms and provisions of the Debt Securities or this
Indenture or of the time for performance by any of the Issuers or the Subsidiary Guarantors of any other obligations under or arising out of any such terms and provisions or the extension or the renewal of any thereof, (F) the modification or
amendment (whether material or otherwise) of any duty, agreement or obligation of any of the Issuers or the Subsidiary Guarantors set forth in this Indenture, (G) the voluntary or involuntary liquidation, dissolution, sale or other disposition
of all or substantially all of the assets, marshaling of assets and liabilities, receivership, insolvency, bankruptcy, assignment for the benefit of creditors, reorganization, arrangement, composition or readjustment of, or other similar proceeding
affecting, any of the Issuers or the Subsidiary Guarantors or any of their respective assets, or the disaffirmance of the Debt Securities, the Guarantee or this Indenture in any such proceeding, (H) the release or discharge of any of the
Issuers or the Subsidiary Guarantors from the performance or observance of any agreement, covenant, term or condition contained in any of such instruments by operation of law, (I) the unenforceability of the Debt Securities, the Guarantee or
this Indenture or (J) any other circumstances (other than payment in 

  
 54 

 
full or discharge of all amounts guaranteed pursuant to the Guarantee) which might otherwise constitute a legal or equitable discharge of a surety or guarantor. 

(e) Each of the Subsidiary Guarantors hereby (A) waives diligence, presentment, demand of payment, filing of claims
with a court in the event of the merger, insolvency or bankruptcy of any of the Issuers or the Subsidiary Guarantors, and all demands whatsoever, (B) acknowledges that any agreement, instrument or document evidencing the Guarantee may be
transferred and that the benefit of its obligations hereunder shall extend to each holder of any agreement, instrument or document evidencing the Guarantee without notice to it and (C) covenants that the Guarantee will not be discharged except
by complete performance of the Guarantee. Each of the Subsidiary Guarantors further agrees that if at any time all or any part of any payment theretofore applied by any Person to the Guarantee is, or must be, rescinded or returned for any reason
whatsoever, including without limitation, the insolvency, bankruptcy or reorganization of any of the Issuers or the Subsidiary Guarantors, the Guarantee shall, to the extent that such payment is or must be rescinded or returned, be deemed to have
continued in existence notwithstanding such application, and the Guarantee shall continue to be effective or be reinstated, as the case may be, as though such application had not been made. 

(f) Each of the Subsidiary Guarantors shall be subrogated to all rights of the Holders and the Trustee against the Issuers
in respect of any amounts paid by such Subsidiary Guarantor pursuant to the provisions of this Indenture, provided, however, that such Subsidiary Guarantor, shall not be entitled to enforce or to receive any payments arising out of, or based upon,
such right of subrogation until all of the Debt Securities and the Guarantee shall have been paid in full or discharged. 

Section 14.02 Execution and Delivery of Guarantee. To further evidence the Guarantee set forth in Section 14.01, each of
the Subsidiary Guarantors hereby agrees that a notation relating to such Guarantee, substantially in the form attached hereto as Annex A, shall be endorsed on each Debt Security entitled to the benefits of the Guarantee authenticated and delivered
by the Trustee and executed by either manual or facsimile signature of an Officer of such Subsidiary Guarantor. Each of the Subsidiary Guarantors hereby agrees that the Guarantee set forth in Section 14.01 shall remain in full force and effect
notwithstanding any failure to endorse on each Debt Security a notation relating to the Guarantee. If any Officer of any Subsidiary Guarantor whose signature is on this Indenture or a Debt Security no longer holds that office at the time the Trustee
authenticates such Debt Security or at any time thereafter, the Guarantee of such Debt Security shall be valid nevertheless. The delivery of any Debt Security by the Trustee, after the authentication thereof hereunder, shall constitute due delivery
of the Guarantee set forth in this Indenture on behalf of the Subsidiary Guarantors. 
 Section 14.03 Limitation on
Subsidiary Guarantors’ Liability. Each Subsidiary Guarantor and by its acceptance hereof each Holder of a Debt Security entitled to the benefits of the Guarantee hereby confirm that it is the intention of all such parties that the guarantee
by such Subsidiary Guarantor pursuant to the Guarantee not constitute a fraudulent transfer or conveyance for purposes of any Federal or state law. To effectuate the foregoing intention, the Holders of a Debt Security entitled to the benefits of the
Guarantee and the Subsidiary Guarantors hereby irrevocably agree that the obligations of each Subsidiary Guarantor under the 

  
 55 

 
Guarantee shall be limited to the maximum amount as will, after giving effect to all other contingent and fixed liabilities of such Subsidiary Guarantor and to any collections from or payments
made by or on behalf of any other Subsidiary Guarantor in respect of the obligations of such other Subsidiary Guarantor under the Guarantee, not result in the obligations of such Subsidiary Guarantor under the Guarantee constituting a fraudulent
conveyance or fraudulent transfer under Federal or state law. 
 Section 14.04 Release of Subsidiary Guarantors from
Guarantee. 
 (a) Notwithstanding any other provisions of this Indenture, the Guarantee of any Subsidiary
Guarantor may be released upon the terms and subject to the conditions set forth in Section 11.02(b) and in this Section 14.04. Provided that no Default shall have occurred and shall be continuing under this Indenture, the Guarantee
incurred by a Subsidiary Guarantor pursuant to this Article XIV shall be unconditionally released and discharged (i) automatically upon (A) any sale, exchange or transfer, whether by way of merger or otherwise, to any Person that is not an
Affiliate of the Partnership, of all of the Partnership’s direct or indirect limited partnership or other equity interests in such Subsidiary Guarantor (provided such sale, exchange or transfer is not prohibited by this Indenture) or
(B) the merger of such Subsidiary Guarantor into either of the Issuers or any other Subsidiary Guarantor or the liquidation and dissolution of such Subsidiary Guarantor (in each case to the extent not prohibited by this Indenture) or
(ii) upon the Issuers’ delivery of a written notice to the Trustee of the release or discharge of all guarantees by such Subsidiary Guarantor of any Debt of the Issuers other than obligations arising under this Indenture and any Debt
Securities issued hereunder, except a discharge or release by or as a result of payment under such guarantees. 

(b) The Trustee shall deliver an appropriate instrument evidencing any release of a Subsidiary Guarantor from the
Guarantee upon receipt of a written request of the Issuers accompanied by an Officers’ Certificate and an Opinion of Counsel to the effect that the Subsidiary Guarantor is entitled to such release in accordance with the provisions of this
Indenture. Any Subsidiary Guarantor not so released shall remain liable for the full amount of principal of (and premium, if any) and interest on the Debt Securities entitled to the benefits of the Guarantee as provided in this Indenture, subject to
the limitations of Section 14.03. 
 Section 14.05 Subsidiary Guarantor Contribution. In order to provide for
just and equitable contribution among the Subsidiary Guarantors, the Subsidiary Guarantors hereby agree, inter se, that in the event any payment or distribution is made by any Subsidiary Guarantor (a “Funding Guarantor”) under the
Guarantee, such Funding Guarantor shall be entitled to a contribution from each other Subsidiary Guarantor (if any) in a pro rata amount based on the net assets of each Subsidiary Guarantor (including the Funding Guarantor) for all payments, damages
and expenses incurred by that Funding Guarantor in discharging the Issuers’ obligations with respect to the Debt Securities or any other Subsidiary Guarantor’s obligations with respect to the Guarantee. 

The Trustee hereby accepts the trusts in this Indenture upon the terms and conditions herein set forth. 

[Remainder of This Page Intentionally Left Blank.] 

  
 56 

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

					
	STAR GAS PARTNERS, L.P.P.
		
	By:	 	KESTREL HEAT LLC
		 	its General Partner
		
	By:	 	 
		 	Name:	 	
		 	Title:	 	
	
	STAR GAS FINANCE COMPANY
		
	By:	 	 
		 	Name:	 	
		 	Title:	 	
	
	[NAME OF SUBSIDIARY GUARANTOR(S)]
		
	By:	 	 
		 	Name:	 	
		 	Title:	 	
	
	[                            
                                ], as Trustee
		
	By:	 	 
		 	Name:	 	
		 	Title:	 	

 [Signature Page to Subordinated Indenture] 

  
 57 

 ANNEX A 
 NOTATION OF GUARANTEE 
 Each of the Subsidiary Guarantors (which term includes any
successor Person under the Indenture), has fully, unconditionally and absolutely guaranteed, to the extent set forth in the Indenture and subject to the provisions in the Indenture, the due and punctual payment of the principal of, and premium, if
any, and interest on the Debt Securities and all other amounts due and payable under the Indenture and the Debt Securities by the Issuers. 
 The obligations of the Subsidiary Guarantors to the Holders of Debt Securities and to the Trustee pursuant to the Guarantee and the Indenture are expressly set forth in Article XIV of the Indenture and
reference is hereby made to the Indenture for the precise terms of the Guarantee. 
  

					
	
	[NAME OF SUBSIDIARY GUARANTOR(S)]
		
	By:	 	 
		 	Name:	 	
		 	Title:	 	

  
 58

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