Document:

EX-4.1

 Exhibit 4.1 

 
  
 RENTECH NITROGEN PARTNERS, L.P. and 
 RENTECH NITROGEN FINANCE
CORPORATION, 
 as Issuers, 
 THE GUARANTORS PARTY HERETO 
 and 

WELLS FARGO BANK, N.A., 
 as Trustee 
  

 
 INDENTURE

 Dated as of April 4, 2013 
  

 

 TABLE OF CONTENTS 

 

							
	 	  	Page	 
		
	 ARTICLE I. DEFINITIONS AND INCORPORATION BY REFERENCE
	  	 	2	  
	 Section 1.1.
	 	 Definitions.
	  	 	2	  
	 Section 1.2.
	 	 Other Definitions.
	  	 	6	  
	 Section 1.3.
	 	 Incorporation by Reference of Trust Indenture Act.
	  	 	6	  
	 Section 1.4.
	 	 Rules of Construction.
	  	 	7	  
	 ARTICLE II. THE SECURITIES
	  	 	7	  
	 Section 2.1.
	 	 Issuable in Series.
	  	 	7	  
	 Section 2.2.
	 	 Establishment of Terms of Series of Securities.
	  	 	7	  
	 Section 2.3.
	 	 Execution and Authentication.
	  	 	10	  
	 Section 2.4.
	 	 Registrar and Paying Agent.
	  	 	11	  
	 Section 2.5.
	 	 Paying Agent to Hold Money in Trust.
	  	 	11	  
	 Section 2.6.
	 	 Securityholder Lists.
	  	 	12	  
	 Section 2.7.
	 	 Transfer and Exchange.
	  	 	12	  
	 Section 2.8.
	 	 Mutilated, Destroyed, Lost and Stolen Securities.
	  	 	12	  
	 Section 2.9.
	 	 Outstanding Securities.
	  	 	13	  
	 Section 2.10.
	 	 Treasury Securities.
	  	 	14	  
	 Section 2.11.
	 	 Temporary Securities.
	  	 	14	  
	 Section 2.12.
	 	 Cancellation.
	  	 	14	  
	 Section 2.13.
	 	 Defaulted Interest.
	  	 	14	  
	 Section 2.14.
	 	 Global Securities.
	  	 	14	  
	 Section 2.15.
	 	 CUSIP Numbers.
	  	 	16	  
	 ARTICLE III. REDEMPTION
	  	 	16	  
	 Section 3.1.
	 	 Notice to Trustee.
	  	 	16	  
	 Section 3.2.
	 	 Selection of Securities to be Redeemed.
	  	 	16	  
	 Section 3.3.
	 	 Notice of Redemption.
	  	 	16	  
	 Section 3.4.
	 	 Effect of Notice of Redemption.
	  	 	17	  
	 Section 3.5.
	 	 Deposit of Redemption Price.
	  	 	17	  
	 Section 3.6.
	 	 Securities Redeemed in Part.
	  	 	18	  
	 ARTICLE IV. COVENANTS
	  	 	18	  
	 Section 4.1.
	 	 Payment of Principal and Interest.
	  	 	18	  
	 Section 4.2.
	 	 SEC Reports.
	  	 	18	  
	 Section 4.3.
	 	 Compliance Certificate.
	  	 	18	  
	 Section 4.4.
	 	 Stay, Extension and Usury Laws.
	  	 	19	  
	 ARTICLE V. SUCCESSORS
	  	 	19	  
	 Section 5.1.
	 	 When Issuers May Merge, Etc.
	  	 	19	  
	 Section 5.2.
	 	 Successor Person Substituted.
	  	 	20	  
	 ARTICLE VI. DEFAULTS AND REMEDIES
	  	 	20	  
	 Section 6.1.
	 	 Events of Default.
	  	 	20	  
	 Section 6.2.
	 	 Acceleration of Maturity; Rescission and Annulment.
	  	 	21	  
	 Section 6.3.
	 	 Collection of Indebtedness and Suits for Enforcement by Trustee.
	  	 	22	  
	 Section 6.4.
	 	 Trustee May File Proofs of Claim.
	  	 	23	  
	 Section 6.5.
	 	 Trustee May Enforce Claims Without Possession of Securities.
	  	 	23	  
	 Section 6.6.
	 	 Application of Money Collected.
	  	 	24	  

  
 i 

							
	 Section 6.7.
	 	 Limitation on Suits.
	  	 	24	  
	 Section 6.8.
	 	 Unconditional Right of Holders to Receive Principal and Interest.
	  	 	25	  
	 Section 6.9.
	 	 Restoration of Rights and Remedies.
	  	 	25	  
	 Section 6.10.
	 	 Rights and Remedies Cumulative.
	  	 	25	  
	 Section 6.11.
	 	 Delay or Omission Not Waiver.
	  	 	25	  
	 Section 6.12.
	 	 Control by Holders.
	  	 	25	  
	 Section 6.13.
	 	 Waiver of Past Defaults.
	  	 	26	  
	 Section 6.14.
	 	 Undertaking for Costs.
	  	 	26	  
	 ARTICLE VII. TRUSTEE
	  	 	26	  
	 Section 7.1.
	 	 Duties of Trustee.
	  	 	26	  
	 Section 7.2.
	 	 Rights of Trustee.
	  	 	28	  
	 Section 7.3.
	 	 Individual Rights of Trustee.
	  	 	29	  
	 Section 7.4.
	 	 Trustee’s Disclaimer.
	  	 	29	  
	 Section 7.5.
	 	 Notice of Defaults.
	  	 	29	  
	 Section 7.6.
	 	 Reports by Trustee to Holders.
	  	 	29	  
	 Section 7.7.
	 	 Compensation and Indemnity.
	  	 	30	  
	 Section 7.8.
	 	 Replacement of Trustee.
	  	 	30	  
	 Section 7.9.
	 	 Successor Trustee by Merger, Etc.
	  	 	31	  
	 Section 7.10.
	 	 Eligibility; Disqualification.
	  	 	31	  
	 Section 7.11.
	 	 Preferential Collection of Claims Against Issuers
	  	 	32	  
	 ARTICLE VIII. SATISFACTION AND DISCHARGE; DEFEASANCE
	  	 	32	  
	 Section 8.1.
	 	 Satisfaction and Discharge of Indenture.
	  	 	32	  
	 Section 8.2.
	 	 Application of Trust Funds; Indemnification.
	  	 	33	  
	 Section 8.3.
	 	 Legal Defeasance of Securities of any Series.
	  	 	34	  
	 Section 8.4.
	 	 Covenant Defeasance.
	  	 	35	  
	 Section 8.5.
	 	 Repayment to Issuers.
	  	 	36	  
	 Section 8.6.
	 	 Reinstatement.
	  	 	36	  
	 ARTICLE IX. AMENDMENTS AND WAIVERS
	  	 	37	  
	 Section 9.1.
	 	 Without Consent of Holders.
	  	 	37	  
	 Section 9.2.
	 	 With Consent of Holders.
	  	 	38	  
	 Section 9.3.
	 	 Limitations.
	  	 	38	  
	 Section 9.4.
	 	 Compliance with Trust Indenture Act.
	  	 	39	  
	 Section 9.5.
	 	 Revocation and Effect of Consents.
	  	 	39	  
	 Section 9.6.
	 	 Notation on or Exchange of Securities.
	  	 	39	  
	 Section 9.7.
	 	 Trustee Protected.
	  	 	39	  
	 ARTICLE X. MISCELLANEOUS
	  	 	40	  
	 Section 10.1.
	 	 Trust Indenture Act Controls.
	  	 	40	  
	 Section 10.2.
	 	 Notices.
	  	 	40	  
	 Section 10.3.
	 	 Communication by Holders with Other Holders.
	  	 	41	  
	 Section 10.4.
	 	 Certificate and Opinion as to Conditions Precedent.
	  	 	41	  
	 Section 10.5.
	 	 Statements Required in Certificate or Opinion.
	  	 	41	  
	 Section 10.6.
	 	 Rules by Trustee and Agents.
	  	 	42	  
	 Section 10.7.
	 	 Legal Holidays.
	  	 	42	  
	 Section 10.8.
	 	 No Recourse Against Others.
	  	 	42	  
	 Section 10.9.
	 	 Counterparts.
	  	 	42	  
	 Section 10.10.
	 	 Governing Laws.
	  	 	43	  

  
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	 Section 10.11.
	 	 No Adverse Interpretation of Other Agreements.
	  	 	43	  
	 Section 10.12.
	 	 Successors.
	  	 	43	  
	 Section 10.13.
	 	 Severability.
	  	 	43	  
	 Section 10.14.
	 	 Table of Contents, Headings, Etc.
	  	 	43	  
	 Section 10.15.
	 	 Securities in a Foreign Currency.
	  	 	43	  
	 Section 10.16.
	 	 Judgment Currency.
	  	 	44	  
	 ARTICLE XI. SINKING FUNDS
	  	 	44	  
	 Section 11.1.
	 	 Applicability of Article.
	  	 	44	  
	 Section 11.2.
	 	 Satisfaction of Sinking Fund Payments with Securities.
	  	 	45	  
	 Section 11.3.
	 	 Redemption of Securities for Sinking Fund.
	  	 	45	  
	 ARTICLE XII. GUARANTEE
	  	 	46	  
	 Section 12.1.
	 	 Unconditional Guarantee.
	  	 	46	  
	 Section 12.2.
	 	 Execution and Delivery of Notation of Guarantee.
	  	 	47	  
	 Section 12.3.
	 	 Limitation on Guarantors’ Liability.
	  	 	47	  
	 Section 12.4.
	 	 Release of Guarantors from Guarantee.
	  	 	47	  
	 Section 12.5.
	 	 Mutilated, Destroyed, Lost and Stolen Notations of Guarantee.
	  	 	48	  
	 Section 12.6.
	 	 Waiver of Jury Trial.
	  	 	49	  
	 Section 12.7.
	 	 Force Majeure.
	  	 	49	  
	 Section 12.8.
	 	 Patriot Act.
	  	 	49	  
	 Section 12.9.
	 	 Act of Holders.
	  	 	49	  

  
 iii

 RENTECH NITROGEN PARTNERS, L.P. 

RENTECH NITROGEN FINANCE CORPORATION 
 Reconciliation and tie between Trust Indenture Act of 1939 and Indenture, dated 
 as
of April 4, 2013 
  

					
	Section 310(a)(1)	  		  	7.10
	(a)(2)	  		  	7.10
	(a)(3)	  		  	Not Applicable
	(a)(4)	  		  	Not Applicable
	(a)(5)	  		  	7.10
	(b)	  		  	7.10
	Section 311(a)	  		  	7.11
	(b)	  		  	7.11
	Section 312(a)	  		  	2.6
	(b)	  		  	10.3
	(c)	  		  	10.3
	Section 313(a)	  		  	7.6
	(b)(1)	  		  	7.6
	(b)(2)	  		  	7.6
	(c)(1)	  		  	7.6
	(d)	  		  	7.6
	Section 314(a)	  		  	4.2, 10.5
	(b)	  		  	Not Applicable
	(c)(1)	  		  	10.4
	(c)(2)	  		  	10.4
	(c)(3)	  		  	Not Applicable
	(d)	  		  	Not Applicable
	(e)	  		  	10.5
	(f)	  		  	Not Applicable
	Section 315(a)	  		  	7.1
	(b)	  		  	7.5
	(c)	  		  	7.1
	(d)	  		  	7.1
	(e)	  		  	6.14
	Section 316(a)	  		  	2.10
	(a)(1)(a)	  		  	6.12
	(a)(1)(b)	  		  	6.13
	(b)	  		  	6.8
	Section 317(a)(1)	  		  	6.3
	(a)(2)	  		  	6.4
	(b)	  		  	2.5
	Section 318(a)	  		  	10.1

  
 Note:
This reconciliation and tie shall not, for any purpose, be deemed to be part of the Indenture. 

 Indenture dated as of April 4, 2013 among Rentech Nitrogen Partners, L.P., a Delaware
limited partnership, Rentech Nitrogen Finance Corporation, a Delaware corporation, the Guarantors (as defined herein) party hereto and Wells Fargo Bank, N.A., a national banking association organized and existing under the laws of the United States,
not in its individual capacity but solely as Trustee (as defined herein). 
 Each party agrees as follows for the benefit of the
other parties and for the equal and ratable benefit of the Holders of the Securities issued under this Indenture. 
 ARTICLE I.

 DEFINITIONS AND INCORPORATION BY REFERENCE 
 Section 1.1. Definitions. 
 “Additional Amounts”
means any additional amounts which are required hereby or by any Security, under circumstances specified herein or therein, to be paid by the Issuers in respect of certain taxes imposed on Holders specified herein or therein and which are owing to
such Holders. 
 “Affiliate” of any specified person means any other person directly or indirectly controlling
or controlled by or under common control with such specified person. For the purposes of this definition, “control” (including, with correlative meanings, the terms “controlled by” and “under common control with”), as
used with respect to any person, shall mean the possession, directly or indirectly, of the power to direct or cause the direction of the management or policies of such person, whether through the ownership of voting securities or by agreement or
otherwise. 
 “Agent” means any Registrar, Paying Agent or Notice Agent. 

“Board of Directors” means, (a) with respect to the Partnership, the board of directors of the general partner of
the Partnership or any duly authorized committee thereof, and (b) with respect to the Finance Corp, the board of directors of the Finance Corp or any duly authorized committee thereof. 

“Board Resolution” means a copy of a resolution certified by the Secretary or an Assistant Secretary of the general
partner of the Partnership or the Finance Corp, as the case may be, to have been adopted by the Board of Directors or pursuant to authorization by the Board of Directors and to be in full force and effect on the date of the certificate and delivered
to the Trustee. 
 “Business Day” means , unless otherwise provided by Board Resolution, Officer’s
Certificate or supplemental indenture hereto for a particular Series, any day except a Saturday, Sunday or a legal holiday in The City of New York (or in connection with any payment, the place of payment) on which banking institutions are authorized
or required by law, regulation or executive order to close. 
 “Capital Stock” means (a) in the case of a
corporation, corporate stock; (b) in the case of an association or business entity, any and all shares, interests, participations, rights or other equivalents (however designated and whether or not voting) of corporate stock, including

  
 2 

 
each class of common stock and preferred stock of such person; and (c) in the case of a partnership or limited liability company, partnership or membership interests (whether general or
limited). 
 “Corporate Trust Office” means the office of the Trustee at which at any particular time its
corporate trust business related to this Indenture shall be principally administered. 
 “Default” means any
event which is, or after notice or passage of time or both would be, an Event of Default. 
 “Depositary”
means, with respect to the Securities of any Series issuable or issued in whole or in part in the form of one or more Global Securities, the person designated as Depositary for such Series by the Issuers, which Depositary shall be a clearing agency
registered under the Exchange Act; and if at any time there is more than one such person, “Depositary” as used with respect to the Securities of any Series shall mean the Depositary with respect to the Securities of such Series.

 “Discount Security” means any Security that provides for an amount less than the stated principal amount
thereof to be due and payable upon declaration of acceleration of the maturity thereof pursuant to Section 6.2. 

“Dollars” and “$” means the currency of The United States of America. 

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

“Finance Corp” means Rentech Nitrogen Finance Corporation, a Delaware corporation, until a successor replaces it and
thereafter means the successor. 
 “Foreign Currency” means any currency or currency unit issued by a
government other than the government of The United States of America. 
 “Foreign Government Obligations”
means, with respect to Securities of any Series that are denominated in a Foreign Currency, direct obligations of, or obligations guaranteed by, the government that issued or caused to be issued such currency for the payment of which obligations its
full faith and credit is pledged and which are not callable or redeemable at the option of the issuer thereof. 

“GAAP” means accounting principles generally accepted in the United States of America set forth in the opinions and
pronouncements of the Accounting Principles Board of the American Institute of Certified Public Accountants and statements and pronouncements of the Financial Accounting Standards Board or in such other statements by such other entity as have been
approved by a significant segment of the accounting profession, which are in effect as of the date of determination. 

“Global Security” or “Global Securities” means a Security or Securities, as the case may be, in the
form established pursuant to Section 2.2 evidencing all or part of a Series of Securities, issued to the Depositary for such Series or its nominee, and registered in the name of such Depositary or nominee. 

  
 3 

 “Guarantor” means each person that executes this Indenture as a guarantor
and its respective successors and assigns, in each case until the Guarantee of such person has been released in accordance with the provisions of this Indenture; provided, however, that such person shall be a Guarantor only with respect to a Series
of Securities for which such person has executed a Notation of Guarantee with respect to such Series. 

“Holder” or “Securityholder” means a person in whose name a Security is registered. 

“Indenture” means this Indenture as amended or supplemented from time to time and shall include the form and terms of
particular Series of Securities established as contemplated hereunder. 
 “interest” with respect to any
Discount Security which by its terms bears interest only after Maturity, means interest payable after Maturity. 

“Issuers” means the Partnership and the Finance Corp; provided, however, that if the Finance Corp is not an Issuer of
Securities of any Series established under Section 2.2, then “Issuers” means the Partnership with respect to such Securities. 
 “Issuer Order” means a written order signed in the name of each of the Issuers by an Officer or Officers. 
 “Issuer Request” means a written request signed in the name of each of the Issuers by an Officer or Officers. 
 “Maturity,” when used with respect to any Security means the date on which the principal of such Security becomes due and payable as therein or herein provided, whether at the Stated
Maturity or by declaration of acceleration, call for redemption or otherwise. 
 “Notation of Guarantee” means
a notation, substantially in the form of Exhibit A, executed by a Guarantor and affixed to each Security of any Series to which the Guarantee of such Guarantor under Article XII applies. 

“Officer” means the Chief Executive Officer, the Chief Financial Officer, the President, any Vice President, the
Treasurer, the Secretary, any Assistant Treasurer or any Assistant Secretary of (a) the general partner of the Partnership, or (b) the Finance Corp, as applicable. 
 “Officer’s Certificate” means a certificate signed on behalf of each of the Issuers by an Officer or Officers. 

“Opinion of Counsel” means a written opinion of legal counsel who is acceptable to the Trustee. The counsel may be an
employee of or counsel to the Issuers. 
 “Partnership” means Rentech Nitrogen Partners, L.P., a Delaware
limited partnership, until a successor replaces it and thereafter means the successor; provided, however, that, for purposes of any provision contained herein which is required by the TIA, “Partnership” shall also mean each other obligor
(if any), other than a Guarantor, of a Series of Securities. 

  
 4 

 “person” means any individual, corporation, partnership, joint venture,
association, limited liability company, joint-stock company, trust, unincorporated organization or government or any agency or political subdivision thereof. 
 “principal” of a Security means the principal of the Security plus, when appropriate, the premium, if any, on, and any Additional Amounts in respect of, the Security. 

“Responsible Officer” means any officer of the Trustee in its Corporate Trust Office having responsibility for
administration of this Indenture and also means, with respect to a particular corporate trust matter, any other officer of the Trustee to whom any corporate trust matter is referred because of his or her knowledge of and familiarity with a
particular subject and who shall have direct responsibility for the administration of this Indenture. 
 “SEC”
means the U.S. Securities and Exchange Commission. 
 “Securities” means the debentures, notes or other debt
instruments of the Issuers of any Series authenticated and delivered under this Indenture. 
 “Series” or
“Series of Securities” means each series of debentures, notes or other debt instruments of the Issuers created pursuant to Sections 2.1 and 2.2 hereof. 
 “Stated Maturity,” when used with respect to any Security, means the date specified in such Security as the fixed date on which the principal of such Security or interest is due and
payable. 
 “Subsidiary” of any specified person means any corporation, association or other business entity of
which more than 50% of the total voting power of shares of Capital Stock entitled (without regard to the occurrence of any contingency) to vote in the election of directors, managers or trustees thereof is at the time owned or controlled, directly
or indirectly, by such person or one or more of the other Subsidiaries of that person or a combination thereof. 

“TIA” means the Trust Indenture Act of 1939 (15 U.S. Code §§ 77aaa-77bbbb) as in effect on the date of this
Indenture; provided, however, that in the event the Trust Indenture Act of 1939 is amended after such date, “TIA” means, to the extent required by any such amendment, the Trust Indenture Act as so amended. 

“Trustee” means the person named as the “Trustee” in the first paragraph of this instrument until a successor
Trustee shall have become such pursuant to the applicable provisions of this Indenture, and thereafter “Trustee” shall mean or include each person who is then a Trustee hereunder, and if at any time there is more than one such person,
“Trustee” as used with respect to the Securities of any Series shall mean the Trustee with respect to Securities of that Series. 
 “U.S. Government Obligations” means securities which are direct obligations of, or guaranteed by, The United States of America for the payment of which its full faith and credit is
pledged and which are not callable or redeemable at the option of the issuer thereof, and shall also include a depository receipt issued by a bank or trust company as custodian with respect to any such U.S. Government Obligation or a specific
payment of interest on or principal of any such U.S. Government Obligation held by such custodian for the account of the holder of a 

  
 5 

 
depository receipt, provided that (except as required by law) such custodian is not authorized to make any deduction from the amount payable to the holder of such depository receipt from any
amount received by the custodian in respect of the U.S. Government Obligation evidenced by such depository receipt. 

Section 1.2. Other Definitions. 
  

			
	 TERM
	  	 DEFINED IN SECTION

		
	 “Bankruptcy Law”
	  	  6.1
	 “Custodian”
	  	  6.1
	 “Event of Default”
	  	  6.1
	 “Guarantee”
	  	     12.1(b)
	 “Judgment Currency”
	  	   10.16
	 “Legal Holiday”
	  	 10.7
	 “mandatory sinking fund payment”
	  	 11.1
	 “Market Exchange Rate”
	  	 10.15
	 “New York Banking Day”
	  	 10.16
	 “Notice Agent”
	  	  2.4
	 “optional sinking fund payment”
	  	 11.1
	 “Paying Agent”
	  	  2.4
	 “Registrar”
	  	  2.4
	 “Required Currency”
	  	 10.16
	 “successor person”
	  	  5.1

 Section 1.3. 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. The following TIA terms used in this Indenture have the following meanings: 
 “Commission” means the SEC.

 “indenture securities” means the Securities. 

“indenture security holder” means a Securityholder. 
 “indenture to be qualified” means this Indenture. 
 “indenture
trustee” or “institutional trustee” means the Trustee. 
 “obligors” on the indenture securities means
the Issuers and any successor obligor upon the Securities. 
 All other 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 and not otherwise defined herein, are used herein as so defined. 

  
 6 

 Section 1.4. Rules of Construction. 

Unless the context otherwise requires: 
 (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; and 

(e) provisions apply to successive events and transactions. 

ARTICLE II. 
 THE
SECURITIES 
 Section 2.1. Issuable in Series. 

The aggregate principal amount of Securities that may be authenticated and delivered under this Indenture is unlimited. The Securities
may be issued in one or more Series. All Securities of a Series shall be identical except as may be set forth or determined in the manner provided in a Board Resolution, supplemental indenture or an Officer’s Certificate detailing the adoption
of the terms thereof pursuant to authority granted under a Board Resolution. In the case of Securities of a Series to be issued from time to time, the Board Resolution, Officer’s Certificate or supplemental indenture detailing the adoption of
the terms thereof pursuant to authority granted under a Board Resolution may provide for the method by which specified terms (such as interest rate, maturity date, record date or date from which interest shall accrue) are to be determined.
Securities may differ between Series in respect of any matters, provided that all Series of Securities shall be equally and ratably entitled to the benefits of the Indenture. 
 Section 2.2. Establishment of Terms of Series of Securities. 
 At
or prior to the issuance of any Securities within a Series, the following shall be established (as to the Series generally in the case of Subsection 2.2.1, and either as to such Securities within the Series or as to the Series generally in
the case of Subsections 2.2.2 through 2.2.24) by or pursuant to a Board Resolution, and set forth or determined in the manner provided in a Board Resolution, supplemental indenture hereto or an Officer’s Certificate:

 2.2.1. the title (which shall distinguish the Securities of that particular Series from the Securities of any other
Series) and ranking (including the terms of any subordination provisions) of the Series; 
 2.2.2. the price or prices
(expressed as a percentage of the principal amount thereof) at which the Securities of the Series will be issued; 

  
 7 

 2.2.3. any limit upon the aggregate principal amount of the Securities of the Series
which may be authenticated and delivered under this Indenture (except for Securities authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of other Securities of the Series pursuant to Section 2.7,
2.8, 2.11, 3.6 or 9.6); 
 2.2.4. the date or dates on which the principal of the Securities of
the Series is payable; 
 2.2.5. the rate or rates (which may be fixed or variable) per annum or, if applicable, the method
used to determine such rate or rates (including, but not limited to, any commodity, commodity index, stock exchange index or financial index), at which the Securities of the Series shall bear interest, if any, the date or dates from which such
interest, if any, shall accrue, the date or dates on which such interest, if any, shall commence and be payable and any regular record date for the interest payable on any interest payment date; 

2.2.6. the place or places where the principal of and interest, if any, on the Securities of the Series shall be payable, where the
Securities of such Series may be surrendered for registration of transfer or exchange and where notices and demands to or upon the Issuers in respect of the Securities of such Series and this Indenture may be delivered, and the method of such
payment, if by wire transfer, mail or other means; 
 2.2.7. if applicable, the period or periods within which, the price
or prices at which and the terms and conditions upon which the Securities of the Series may be redeemed, in whole or in part, at the option of the Issuers; 
 2.2.8. the obligation, if any, of the Issuers to redeem or purchase the Securities of the Series pursuant to any sinking fund or analogous provisions or at the option of a Holder thereof and the
period or periods within which, the price or prices at which and the terms and conditions upon which Securities of the Series shall be redeemed or purchased, in whole or in part, pursuant to such obligation; 

2.2.9. the dates, if any, on which and the price or prices at which the Securities of the Series will be repurchased by the Issuers
at the option of the Holders thereof and other detailed terms and provisions of such repurchase obligations; 
 2.2.10. if
other than denominations of $1,000 and any integral multiple thereof, the denominations in which the Securities of the Series shall be issuable; 
 2.2.11. the forms of the Securities of the Series and whether the Securities will be issuable as Global Securities; 
 2.2.12. if other than the principal amount thereof, the portion of the principal amount of the Securities of the Series that shall be payable upon declaration of acceleration of the maturity thereof
pursuant to Section 6.2; 
 2.2.13. the currency of denomination of the Securities of the Series, which may be
Dollars or any Foreign Currency, and if such currency of denomination is a composite currency, the agency or organization, if any, responsible for overseeing such composite currency; 

  
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 2.2.14. the designation of the currency, currencies or currency units in which payment
of the principal of and interest, if any, on the Securities of the Series will be made; 
 2.2.15. if payments of principal
of or interest, if any, on the Securities of the Series are to be made in one or more currencies or currency units other than that or those in which such Securities are denominated, the manner in which the exchange rate with respect to such payments
will be determined; 
 2.2.16. the manner in which the amounts of payment of principal of or interest, if any, on the
Securities of the Series will be determined, if such amounts may be determined by reference to an index based on a currency or currencies or by reference to a commodity, commodity index, stock exchange index or financial index; 

2.2.17. the provisions, if any, relating to any security provided for the Securities of the Series or the Guarantees; 

2.2.18. any addition to, deletion of or change in the Events of Default which applies to any Securities of the Series and any change
in the right of the Trustee or the requisite Holders of such Securities to declare the principal amount thereof due and payable pursuant to Section 6.2; 
 2.2.19. any addition to, deletion of or change in the covenants set forth in Articles IV or V which applies to Securities of the Series; 

2.2.20. any Depositaries, interest rate calculation agents, exchange rate calculation agents or other agents with respect to
Securities of such Series if other than those appointed herein; 
 2.2.21. the provisions, if any, relating to conversion
or exchange of any Securities of such Series, including if applicable, the conversion or exchange price, the conversion or exchange period, provisions as to whether conversion or exchange will be mandatory, at the option of the Holders thereof or at
the option of the Issuers, the events requiring an adjustment of the conversion price or exchange price and provisions affecting conversion or exchange if such Series of Securities are redeemed; 

2.2.22. any other terms of the Securities of the Series (which may supplement, modify or delete any provision of this Indenture
insofar as it applies to such Series), including any terms that may be required under applicable law or regulations or advisable in connection with the marketing of Securities of that Series; 

2.2.23. whether the Securities of such Series are entitled to the benefits of the Guarantee of any Guarantor pursuant to this
Indenture, whether any such Guarantee shall be made on a senior or subordinated basis and, if applicable, a description of the subordination terms of any such Guarantee; and 
 2.2.24. whether the Finance Corp will act as an Issuer of the Securities of such Series. 

  
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 All Securities of any one Series need not be issued at the same time and may be issued from
time to time, consistent with the terms of this Indenture, if so provided by or pursuant to the Board Resolution, supplemental indenture hereto or Officer’s Certificate referred to above. 

Section 2.3. Execution and Authentication. 
 An Officer or Officers shall sign the Securities for the Issuers by manual or facsimile signature. 
 If an Officer whose signature is on a Security no longer holds that office at the time the Security is authenticated, the Security shall nevertheless be valid. 

A Security shall not be valid until authenticated by the manual signature of the Trustee or an authenticating agent. The signature shall
be conclusive evidence that the Security has been authenticated under this Indenture. 
 The Trustee shall at any time, and from
time to time, authenticate Securities for original issue in the principal amount provided in the Board Resolution, supplemental indenture hereto or Officer’s Certificate, upon receipt by the Trustee of an Issuer Order. Each Security shall be
dated the date of its authentication. 
 The aggregate principal amount of Securities of any Series outstanding at any time may
not exceed any limit upon the maximum principal amount for such Series set forth in the Board Resolution, supplemental indenture hereto or Officer’s Certificate delivered pursuant to Section 2.2, except as provided in
Section 2.8. 
 Prior to the issuance of Securities of any Series, the Trustee shall have received and (subject to
Section 7.2) shall be fully protected in relying on: (a) the Board Resolution, supplemental indenture hereto or Officer’s Certificate establishing the form of the Securities of that Series or of Securities within that Series
and the terms of the Securities of that Series or of Securities within that Series, (b) an Officer’s Certificate complying with Section 10.4, and (c) an Opinion of Counsel complying with Section 10.4.

 The Trustee shall have the right to decline to authenticate and deliver any Securities of such Series: (a) if the
Trustee, being advised by counsel, determines that such action may not be taken lawfully; or (b) if the Trustee in good faith by its board of directors or trustees, executive committee or a trust committee of directors and/or vice-presidents or
a committee of Responsible Officers shall determine that such action would expose the Trustee to personal liability to Holders of any then outstanding Series of Securities. 
 The Trustee may appoint an authenticating agent acceptable to the Issuers to authenticate Securities. An authenticating agent may authenticate 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 an Agent to deal with the Issuers or an Affiliate of the Issuers. 

  
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 Section 2.4. Registrar and Paying Agent. 

The Issuers shall maintain, with respect to each Series of Securities, at the place or places specified with respect to such Series
pursuant to Section 2.2, an office or agency where Securities of such Series may be presented or surrendered for payment (the “Paying Agent”), where Securities of such Series may be surrendered for registration of
transfer or exchange (the “Registrar”) and where notices and demands to or upon the Issuers in respect of the Securities of such Series and this Indenture may be delivered (the “Notice Agent”). The Registrar shall
keep a register with respect to each Series of Securities and to their transfer and exchange. The Issuers will give prompt written notice to the Trustee of the name and address, and any change in the name or address, of each Registrar, Paying Agent
or Notice Agent. If at any time the Issuers shall fail to maintain any such required Registrar, Paying Agent or Notice Agent or shall fail to furnish the Trustee with the name and address thereof, such presentations, surrenders, notices and demands
may be made or served at the Corporate Trust Office of the Trustee located in Minneapolis, Minnesota, and the Issuers hereby appoint the Trustee as their agent to receive all such presentations, surrenders, notices and demands. 

The Issuers may also from time to time designate one or more co-registrars, additional paying agents or additional notice agents and may
from time to time rescind such designations; provided, however, that no such designation or rescission shall in any manner relieve the Issuers of their obligations to maintain a Registrar, Paying Agent and Notice Agent in each place so specified
pursuant to Section 2.2 for Securities of any Series for such purposes. The Issuers will give prompt written notice to the Trustee of any such designation or rescission and of any change in the name or address of any such co-registrar,
additional paying agent or additional notice agent. The term “Registrar” includes any co-registrar, the term “Paying Agent” includes any additional paying agent and the term “Notice Agent” includes any additional notice
agent. The Partnership or any of its Affiliates may serve as Registrar or Paying Agent. 
 The Issuers hereby appoint the
Trustee the initial Registrar, Paying Agent and Notice Agent for each Series, unless another Registrar, Paying Agent or Notice Agent, as the case may be, is appointed prior to the time Securities of that Series are first issued. 

Section 2.5. Paying Agent to Hold Money in Trust. 

The Issuers shall require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will hold in trust, for the
benefit of Securityholders of any Series of Securities, or the Trustee, all money held by the Paying Agent for the payment of principal of or interest on the Series of Securities, and will notify the Trustee in writing of any default by the Issuers
in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Issuers at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon
payment over to the Trustee, the Paying Agent (if other than the Issuers or a Subsidiary of the Partnership) shall have no further liability for the money. If an Issuer or a Subsidiary of the Partnership acts as the Paying Agent, it shall segregate
and hold in a separate trust fund for the benefit of Securityholders of any Series of Securities all money held by it as Paying Agent. Upon any bankruptcy, reorganization or similar proceeding with respect to the Issuers, the Trustee shall serve as
Paying Agent for the Securities. 

  
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 Section 2.6. Securityholder Lists. 

The Trustee shall preserve in as current a form as is reasonably practicable the most recent list available to it of the names and
addresses of Securityholders of each Series of Securities and shall otherwise comply with TIA § 312(a). If the Trustee is not the Registrar, the Issuers shall furnish to the Trustee at least ten days before each interest payment date and at
such other times as the Trustee may request in writing a list, in such form and as of such date as the Trustee may reasonably require, of the names and addresses of Securityholders of each Series of Securities. 

Section 2.7. Transfer and Exchange. 
 Where Securities of a Series are presented to the Registrar or a co-registrar with a request to register a transfer or to exchange them for an equal principal amount of Securities of the same Series, the
Registrar shall register the transfer or make the exchange if its requirements for such transactions are met. To permit registrations of transfers and exchanges, the Trustee shall authenticate Securities at the Registrar’s request. No service
charge shall be made for any registration of transfer or exchange (except as otherwise expressly permitted herein), but the Issuers may require payment of a sum sufficient to cover any transfer tax or similar governmental charge payable in
connection therewith (other than any such transfer tax or similar governmental charge payable upon exchanges pursuant to Sections 2.11, 3.6 or 9.6). 
 Neither the Issuers nor the Registrar shall be required (a) to issue, register the transfer of, or exchange Securities of any Series for the period beginning at the opening of business fifteen days
immediately preceding the mailing of a notice of redemption of Securities of that Series selected for redemption and ending at the close of business on the day of such mailing or (b) to register the transfer of or exchange Securities of any
Series selected, called or being called for redemption as a whole or the portion being redeemed of any such Securities selected, called or being called for redemption in part. 
 Section 2.8. Mutilated, Destroyed, Lost and Stolen Securities. 

If any mutilated Security is surrendered to the Trustee, the Issuers shall execute and the Trustee shall authenticate and deliver in
exchange therefor, a new Security of the same Series and of like tenor and principal amount and bearing a number not contemporaneously outstanding. 
 If there shall be delivered to the Issuers and the Trustee (a) evidence to their satisfaction of the destruction, loss or theft of any Security and (b) such security or indemnity bond as may be
required by them to hold each of them and any agent of either of them harmless, then, in the absence of notice to the Issuers or the Trustee that such Security has been acquired by a bona fide purchaser, the Issuers shall execute and upon its
request the Trustee shall authenticate and make available for delivery, in lieu of any such destroyed, lost or stolen Security, a new Security of the same Series and of like tenor and principal amount and bearing a number not contemporaneously
outstanding. 

  
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 In case any such mutilated, destroyed, lost or stolen Security has become or is about to
become due and payable, the Issuers in their discretion may, instead of issuing a new Security, pay such Security. 
 Upon the
issuance of any new Security under this Section 2.8, the Issuers may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in relation thereto and any other expenses (including the fees
and expenses of the Trustee) connected therewith. 
 Every new Security of any Series issued pursuant to this
Section 2.8 in lieu of any destroyed, lost or stolen Security shall constitute an original additional contractual obligation of the Issuers, whether or not the destroyed, lost or stolen Security shall be at any time enforceable by
anyone, and shall be entitled to all the benefits of this Indenture equally and proportionately with any and all other Securities of that Series duly issued hereunder. 
 The provisions of this Section 2.8 are exclusive and shall preclude (to the extent lawful) all other rights and remedies with respect to the replacement or payment of mutilated, destroyed,
lost or stolen Securities. 
 Section 2.9. Outstanding Securities. 

The Securities outstanding at any time are all the Securities authenticated by the Trustee except for those canceled by it, those
delivered to it for cancellation, those reductions in the interest on a Global Security effected by the Trustee in accordance with the provisions hereof and those described in this Section 2.9 as not outstanding. 

If a Security is replaced pursuant to Section 2.8, it ceases to be outstanding until the Trustee receives proof satisfactory
to it that the replaced Security is held by a bona fide purchaser. 
 If the Paying Agent (other than the Issuers, a Subsidiary
of the Partnership or an Affiliate of the Issuers) holds on the Maturity of Securities of a Series money sufficient to pay such Securities payable on that date, then on and after that date such Securities of the Series cease to be outstanding and
interest on them ceases to accrue. 
 The Issuers may purchase or otherwise acquire the Securities, whether by open market
purchases, negotiated transactions or otherwise. A Security does not cease to be outstanding because the Issuers or an Affiliate of the Issuers holds the Security (but see Section 2.10 below). 

In determining whether the Holders of the requisite principal amount of outstanding Securities have given any request, demand,
authorization, direction, notice, consent or waiver hereunder, the principal amount of a Discount 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 6.2. 

  
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 Section 2.10. Treasury Securities. 

In determining whether the Holders of the required principal amount of Securities of a Series have concurred in any request, demand,
authorization, direction, notice, consent or waiver, Securities of a Series owned by the Issuers or any Affiliate of the Issuers shall be disregarded, except that for the purposes of determining whether the Trustee shall be protected in relying on
any such request, demand, authorization, direction, notice, consent or waiver only Securities of a Series that a Responsible Officer of the Trustee knows are so owned shall be so disregarded. 

Section 2.11. Temporary Securities. 
 Until definitive Securities are ready for delivery, the Issuers may prepare and the Trustee shall authenticate temporary Securities upon an Issuer Order. Temporary Securities shall be substantially in the
form of definitive Securities but may have variations that the Issuers consider appropriate for temporary Securities. Without unreasonable delay, the Issuers shall prepare and the Trustee upon receipt of an Issuer Order shall authenticate definitive
Securities of the same Series and date of maturity in exchange for temporary Securities. Until so exchanged, temporary securities shall have the same rights under this Indenture as the definitive Securities. 

Section 2.12. Cancellation. 
 The Issuers at any time may deliver Securities to the Trustee for cancellation. The Registrar and the Paying Agent shall forward to the Trustee any Securities surrendered to them for registration of
transfer, exchange or payment. The Trustee shall cancel all Securities surrendered for transfer, exchange, payment, replacement or cancellation and shall destroy such canceled Securities (subject to the record retention requirements of the Exchange
Act and the Trustee) and deliver a certificate of such cancellation to the Issuers upon written request of the Issuers. The Issuers may not issue new Securities to replace Securities that have been paid or delivered to the Trustee for cancellation.

 Section 2.13. Defaulted Interest. 
 If the Issuers default in a payment of interest on a Series of Securities, they shall pay the defaulted interest, plus, to the extent permitted by law, any interest payable on the defaulted interest, to
the persons who are Securityholders of the Series on a subsequent special record date. The Issuers shall fix the record date and payment date. At least 10 days before the special record date, the Issuers shall mail to the Trustee and to each
Securityholder of the Series a notice that states the special record date, the payment date and the amount of interest to be paid. The Issuers may pay defaulted interest in any other lawful manner. 

Section 2.14. Global Securities. 
 2.14.1. Terms of Securities. A Board Resolution, a supplemental indenture hereto or an Officer’s Certificate shall establish whether the Securities of a Series shall be issued in whole or
in part in the form of one or more Global Securities and the Depositary for such Global Security or Securities. 

  
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 2.14.2. Transfer and Exchange. Notwithstanding any provisions to the contrary
contained in Section 2.7 of the Indenture and in addition thereto, any Global Security shall be exchangeable pursuant to Section 2.7 of the Indenture for Securities registered in the names of Holders other than the Depositary
for such Security or its nominee only if (a) such Depositary notifies the Issuers that it is unwilling or unable to continue as Depositary for such Global Security or if at any time such Depositary ceases to be a clearing agency registered
under the Exchange Act, and, in either case, the Issuers fail to appoint a successor Depositary registered as a clearing agency under the Exchange Act within 90 days of such event, or (b) the Issuers execute and deliver to the Trustee an
Officer’s Certificate to the effect that such Global Security shall be so exchangeable. Any Global Security that is exchangeable pursuant to the preceding sentence shall be exchangeable for Securities registered in such names as the Depositary
shall direct in writing in an aggregate principal amount equal to the principal amount of the Global Security with like tenor and terms. 
 Except as provided in this Section 2.14.2, a Global Security may not be transferred except as a whole by the Depositary with respect to such Global Security to a nominee of such Depositary, by
a nominee of such Depositary to such Depositary or another nominee of such Depositary or by the Depositary or any such nominee to a successor Depositary or a nominee of such a successor Depositary. 

2.14.3. Legend. Any Global Security issued hereunder shall bear a legend in substantially the following form: 

“THIS SECURITY IS A GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF THE
DEPOSITARY OR A NOMINEE OF THE DEPOSITARY. THIS SECURITY IS EXCHANGEABLE FOR SECURITIES REGISTERED IN THE NAME OF A PERSON OTHER THAN THE DEPOSITARY OR ITS NOMINEE ONLY IN THE LIMITED CIRCUMSTANCES DESCRIBED IN THE INDENTURE, AND MAY NOT BE
TRANSFERRED EXCEPT AS A WHOLE BY THE DEPOSITARY TO A NOMINEE OF THE DEPOSITARY, BY A NOMINEE OF THE DEPOSITARY TO THE DEPOSITARY OR ANOTHER NOMINEE OF THE DEPOSITARY OR BY THE DEPOSITARY OR ANY SUCH NOMINEE TO A SUCCESSOR DEPOSITARY OR A NOMINEE OF
SUCH A SUCCESSOR DEPOSITARY.” 
 2.14.4. Payments. Notwithstanding the other provisions of this Indenture,
unless otherwise specified as contemplated by Section 2.2, payment of the principal of and interest, if any, on any Global Security shall be made to the Holder thereof. 

2.14.5. Consents, Declaration and Directions. The Issuers, the Trustee and any Agent shall treat a person as the Holder of
such principal amount of outstanding Securities of such Series represented by a Global Security as shall be specified in a written statement of the Depositary or by the applicable procedures of such Depositary with respect to such Global Security,
for purposes of obtaining any consents, declarations, waivers or directions required to be given by the Holders pursuant to this Indenture. 

  
 15 

 Section 2.15. CUSIP Numbers. 

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

ARTICLE III. 

REDEMPTION 

Section 3.1. Notice to Trustee. 
 The Issuers may, with respect to any Series of Securities, reserve the right to redeem and pay the Series of Securities or may covenant to redeem and pay the Series of Securities or any part thereof prior
to the Stated Maturity thereof at such time and on such terms as provided for in such Securities. If a Series of Securities is redeemable and the Issuers want or are obligated to redeem prior to the Stated Maturity thereof all or part of the Series
of Securities pursuant to the terms of such Securities, they shall notify the Trustee in writing of the redemption date and the principal amount of the Series of Securities to be redeemed. The Issuers shall give the notice at least 15 days before
notice of redemption is delivered to the Holders unless a shorter period is satisfactory to the Trustee. 

Section 3.2. Selection of Securities to be Redeemed. 

Unless otherwise indicated for a particular Series by a Board Resolution, a supplemental indenture hereto or an Officer’s
Certificate, if less than all the Securities of a Series are to be redeemed, the Trustee shall select the Securities of the Series to be redeemed in any manner, including by lot or other method, subject, in the case of Global Securities, to the
applicable rules and procedures of the Depositary. The Trustee shall make the selection from Securities of the Series outstanding not previously called for redemption. The Trustee may select for redemption portions of the principal of Securities of
the Series that have denominations larger than $1,000. Securities of the Series and portions of them it selects shall be in amounts of $1,000 or whole multiples of $1,000 or, with respect to the Securities of any Series issuable in other
denominations pursuant to Section 2.2.10, the minimum principal denomination for each Series and the authorized integral multiples thereof. Provisions of this Indenture that apply to the Securities of a Series called for redemption also
apply to portions of the Securities of that Series called for redemption. 
 Section 3.3. Notice of Redemption.

 Unless otherwise indicated for a particular Series by a Board Resolution, a supplemental indenture hereto or an
Officer’s Certificate, at least 30 days but not more than 60 days before a redemption date, the Issuers shall mail a notice of redemption by first-class mail to each Holder whose Securities are to be redeemed. 

  
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 The notice shall identify the Securities of the Series to be redeemed and shall state:

 (a) the redemption date; 

(b) the redemption price; 
 (c) the name and address of the Paying Agent; 
 (d) if
any Securities are being redeemed in part, the portion of the principal amount of such Securities to be redeemed and that, after the redemption date and upon surrender of such Security, a new Security or Securities in principal amount equal to the
unredeemed portion of the original Security shall be issued in the name of the Holder thereof upon cancellation of the original Security; 
 (e) that the Securities of the Series called for redemption must be surrendered to the Paying Agent to collect the redemption price; 

(f) that interest on the Securities of the Series called for redemption ceases to accrue on and after the redemption
date unless the Issuers default in the deposit of the redemption price; 
 (g) the CUSIP number, if any; and

 (h) any other information as may be required by the terms of the particular Series or the Securities of a
Series being redeemed. 
 At the Issuers’ request, the Trustee shall give the notice of redemption in the Issuers’
name and at their expense, provided, however, that the Issuers have delivered to the Trustee, at least 5 days (unless a shorter time shall be acceptable to the Trustee) prior to the notice date, an Officer’s Certificate requesting that the
Trustee give such notice and setting forth the information to be stated in such notice in the form of a copy of the notice to the Holders. 
 Section 3.4. Effect of Notice of Redemption. 
 Once notice of
redemption is mailed as provided in Section 3.3, the Securities of a Series called for redemption become due and payable on the redemption date and at the redemption price. Except as otherwise provided in the supplemental indenture,
Board Resolution or Officer’s Certificate for a Series, a notice of redemption pertaining to such Series may not be conditional. Upon surrender to the Paying Agent, such Securities shall be paid at the redemption price plus accrued interest to
the redemption date. 
 Section 3.5. Deposit of Redemption Price. 

On or before 11:00 a.m., New York City time, on the redemption date, the Issuers shall deposit with the Paying Agent money
sufficient to pay the redemption price of and accrued interest, if any, on all Securities to be redeemed on that date. 

  
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 Section 3.6. Securities Redeemed in Part. 

Upon surrender of a Security that is redeemed in part, the Trustee shall authenticate for the Holder a new Security of the same Series
and the same maturity equal in principal amount to the unredeemed portion of the Security surrendered. 
 ARTICLE IV. 

COVENANTS 

Section 4.1. Payment of Principal and Interest. 

The Issuers covenant and agree for the benefit of the Holders of each Series of Securities that they will duly and punctually pay the
principal of and interest, if any, on the Securities of that Series in accordance with the terms of such Securities and this Indenture. On or before 11:00 a.m., New York City time, on the applicable payment date, the Issuers shall deposit with the
Paying Agent money sufficient (as determined by the Issuers) to pay the principal of and interest, if any, on the Securities of each Series in accordance with the terms of such Securities and this Indenture. 

Section 4.2. SEC Reports. 
 To the extent any Securities of a Series are outstanding, the Partnership shall deliver to the Trustee within 15 days after it files them with the SEC copies of the annual reports and of 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) which the Partnership is required to file with the SEC pursuant to Section 13 or 15(d) of the Exchange Act. The
Partnership also shall comply with the other provisions of TIA § 314(a). Reports, information and documents filed with the SEC via the EDGAR system will be deemed to be delivered to the Trustee as of the time of such filing via EDGAR for
purposes of this Section 4.2, provided, however, that for the avoidance of doubt, the Trustee shall have no responsibility whatsoever to determine if such filing or posting has occurred. 

Delivery of reports, information and documents to the Trustee under this Section 4.2 are for informational purposes only and
the Trustee’s receipt of the foregoing shall not constitute constructive or actual notice of any information contained therein or determinable from information contained therein, including the Issuers’ compliance with any of its covenants
hereunder (as to which the Trustee is entitled to rely exclusively on an Officer’s Certificate). 

Section 4.3. Compliance Certificate. 
 The Issuers and each Guarantor (to the extent that such Guarantor is so required under the TIA) shall, so long as any Securities are outstanding, deliver to the Trustee, within 120 days after the end of
each fiscal year of the Partnership, an Officer’s Certificate stating that a review of the activities of the Issuers and the Subsidiaries of the Partnership during the preceding fiscal year has been made under the supervision of the signing
Officer with a view to determining whether the Issuers and any Guarantor have kept, observed, performed and fulfilled their obligations under this Indenture, and further stating, as to each such Officer signing such certificate, that to the best of
his or her knowledge the Issuers have kept, observed, performed and fulfilled each and every covenant contained in this Indenture and are not in default in the performance or observance of any of the terms, provisions and conditions hereof (or, if a
Default or Event of Default shall have occurred, describing all such Defaults or Events of Default of which he or she may have knowledge). 

  
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 The Partnership will, so long as any of the Securities are outstanding, deliver to the
Trustee, promptly upon becoming aware of any Default or Event of Default, an Officer’s Certificate specifying such Default or Event of Default and what action the Issuers are taking or propose to take with respect thereto. 

Section 4.4. Stay, Extension and Usury Laws. 
 The Issuers covenant (to the extent that they may lawfully do so) that they will not at any time insist upon, plead, or in any manner whatsoever claim or take the benefit or advantage of any stay,
extension or usury law wherever enacted, now or at any time hereafter in force, which may affect the covenants or the performance of this Indenture or the Securities; and the Issuers (to the extent they may lawfully do so) hereby expressly waive all
benefit or advantage of any such law and covenant that they will not, by resort to any such law, hinder, delay or impede the execution of any power herein granted to the Trustee, but will suffer and permit the execution of every such power as though
no such law has been enacted. 
 ARTICLE V. 
 SUCCESSORS 
 Section 5.1. When Issuers May Merge, Etc.

 An Issuer may not consolidate with or merge with or into, or convey, transfer or lease all or substantially all of its
properties and assets to, any person (a “successor person”) unless: 
 (a) either
(i) the Issuer is the surviving entity or (ii) the successor person (if other than the Issuer) is a corporation, limited liability company, partnership, trust or other entity organized and validly existing under the laws of any U.S.
domestic jurisdiction and expressly assumes the Issuer’s obligations on the Securities and under this Indenture; 
 (b) immediately after giving effect to the transaction, no Default or Event of Default shall have occurred and be continuing under this Indenture; and 

(c) if the Issuer is not the successor person, then each Guarantor, unless it has become the successor person, shall
confirm that its Guarantee shall continue to apply to the obligations under the Securities and this Indenture to the same extent as prior to such merger, conveyance, transfer or lease, as applicable; and 

(d) The Issuer shall deliver to the Trustee prior to the consummation of the proposed transaction an Officer’s
Certificate to the foregoing effect and an Opinion of Counsel stating that the proposed transaction and any supplemental indenture hereto comply with this Indenture. 

  
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 Notwithstanding the above, any Subsidiary of the Partnership may consolidate with, merge
into or transfer all or part of its properties to the Partnership. Neither an Officer’s Certificate nor an Opinion of Counsel shall be required to be delivered in connection therewith. 

Section 5.2. Successor Person Substituted. 
 Upon any consolidation or merger, or any sale, lease, conveyance or other disposition of all or substantially all of the assets, of an Issuer in accordance with Section 5.1, the successor
person formed by such consolidation or into or with which an Issuer is merged or to which such sale, lease, conveyance or other disposition is made shall succeed to, and be substituted for, and may exercise every right and power of, the Issuer under
this Indenture with the same effect as if such successor person has been named as an Issuer herein; provided, however, that the predecessor Issuer in the case of a sale, conveyance or other disposition (other than a lease) shall be released from all
obligations and covenants under this Indenture and the Securities. 
 ARTICLE VI. 

DEFAULTS AND REMEDIES 
 Section 6.1. Events of Default. 
 “Event of Default,”
wherever used herein with respect to the Securities of any Series, means any one of the following events, unless in the establishing Board Resolution, supplemental indenture hereto or Officer’s Certificate it is provided that such Series shall
not have the benefit of said Event of Default: 
 (a) default in the payment of any interest on any Security
of that Series when it becomes due and payable, and continuance of such default for a period of 30 days (unless the entire amount of such payment is deposited by the Issuers with the Trustee or with a Paying Agent prior to 11:00 a.m., New York City
time, on the 30th day of such period); 
 (b) default in the payment of principal of any Security of that
Series at its Maturity; 
 (c) default in the performance or breach of any covenant or warranty of the
Issuers in this Indenture (other than defaults pursuant to paragraphs (a) or (b) above or pursuant to a covenant or warranty that has been included in this Indenture solely for the benefit of the Series of Securities other than that
Series), which default continues uncured for a period of 60 days after there has been given, by registered or certified mail, to the Issuers by the Trustee or to the Issuers and the Trustee by the Holders of at least 25% in principal amount of the
outstanding Securities of that Series a written notice specifying such default or breach and requiring it to be remedied and stating that such notice is a “Notice of Default” hereunder; 

(d) either of the Issuers pursuant to or within the meaning of any Bankruptcy Law: 

(i) commences a voluntary case, 

  
 20 

 (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, 
 (iv) makes a general assignment for the benefit of its creditors, or 

(v) generally is unable to pay its debts as the same become due; 

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

(i) is for relief against either of the Issuers in an involuntary case, 

(ii) appoints a Custodian of either of the Issuers or for all or substantially all of its property, or 

(iii) orders the liquidation of either of the Issuers, 

and the order or decree remains unstayed and in effect for 60 days; or 

(f) any other Event of Default provided with respect to the Securities of that Series, which is specified in a Board
Resolution, a supplemental indenture hereto or an Officer’s Certificate, in accordance with Section 2.2.18. 

The term “Bankruptcy Law” means Title 11 of the U.S. Code or any similar Federal or State law for the relief of debtors. The
term “Custodian” means any receiver, trustee, assignee, liquidator or similar official under any Bankruptcy Law. 

The Issuers will provide the Trustee with written notice of any Default or Event of Default within 30 days of becoming aware of the
occurrence of such Default or Event of Default, which notice will describe in reasonable detail the status of such Default or Event of Default and what action the Issuers are taking or proposes to take in respect thereof. 

Section 6.2. Acceleration of Maturity; Rescission and Annulment. 

If an Event of Default with respect to Securities of any Series at the time outstanding occurs and is continuing (other than an Event of
Default referred to in Section 6.1(d) or (e)), then in every such case the Trustee or the Holders of not less than 25% in principal amount of the outstanding Securities of that Series may declare the principal amount (or, if any
Securities of that Series are Discount Securities, such portion of the principal amount as may be specified in the terms of such Securities) of and accrued and unpaid interest, if any, on all of the Securities of that Series to be due and payable
immediately, by a notice in writing to the Issuers (and to the Trustee if given by Holders), and upon any such declaration such principal amount (or specified amount) and accrued and unpaid interest, if any, shall become immediately due and payable.
If an Event of Default specified in Section 6.1(d) or (e) shall occur, the principal amount (or specified amount) of and accrued and unpaid interest, if any, on all outstanding Securities shall ipso facto become and be
immediately due and payable without any declaration or other act on the part of the Trustee or any Holder. 

  
 21 

 At any time after such a declaration of acceleration with respect to any Series has been
made and before a judgment or decree for payment of the money due has been obtained by the Trustee as hereinafter in this Article provided, the Holders of a majority in principal amount of the outstanding Securities of that Series, by written notice
to the Issuers and the Trustee, may rescind and annul such declaration and its consequences if all Events of Default with respect to the Securities of that Series, other than the non-payment of the principal and interest, if any, of the Securities
of that Series which have become due solely by such declaration of acceleration, have been cured or waived as provided in Section 6.13. 
 No such rescission shall affect any subsequent Default or impair any right consequent thereon. 
 Section 6.3. Collection of Indebtedness and Suits for Enforcement by Trustee. 
 The Issuers covenant that if: 
 (a) default is made in the
payment of any interest on any Security when such interest becomes due and payable and such default continues for a period of 30 days, 
 (b) default is made in the payment of principal of any Security at the Maturity thereof, or 
 (c) default is made in the deposit of any sinking fund payment when and as due by the terms of any Security, 
 then the Issuers will, upon demand of the Trustee, pay to it, for the benefit of the Holders of such Securities, the whole amount then due and payable on such Securities for principal and interest and, to
the extent that payment of such interest shall be legally enforceable, interest on any overdue principal and any overdue interest, at the rate or rates prescribed therefor in such Securities, and, in addition thereto, such further amount as shall be
sufficient to cover the costs and expenses of collection, including the reasonable compensation, expenses, disbursements and advances of the Trustee, its agents and counsel. 
 If the Issuers fail to pay such amounts forthwith upon such demand, the Trustee, in its own name and as trustee of an express trust, may institute a judicial proceeding for the collection of the sums so
due and unpaid, may prosecute such proceeding to judgment or final decree and may enforce the same against the Issuers, any Guarantor or any other obligor upon such Securities and collect the moneys adjudged or deemed to be payable in the manner
provided by law out of the property of the Issuers, any Guarantor or any other obligor upon such Securities, wherever situated. 

If an Event of Default with respect to any Securities of any Series occurs and is continuing, subject to Article VII of this
Indenture, the Trustee may in its discretion proceed to protect and enforce its rights and the rights of the Holders of Securities of such Series by such appropriate judicial proceedings as the Trustee shall deem most effectual to protect and
enforce any such rights, whether for the specific enforcement of any covenant or agreement in this Indenture or in aid of the exercise of any power granted herein, or to enforce any other proper remedy. 

  
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 Section 6.4. Trustee May File Proofs of Claim. 

In case of the pendency of any receivership, insolvency, liquidation, bankruptcy, reorganization, arrangement, adjustment, composition or
other judicial proceeding relative to the Issuers or any other obligor upon the Securities or the property of the Issuers or of such other obligor or their respective creditors, the Trustee (irrespective of whether the principal of the Securities
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 on the Issuers for the payment of overdue principal or interest) shall be entitled and empowered, by
intervention in such proceeding or otherwise: 
 (a) to file and prove a claim for the whole amount of
principal and interest owing and unpaid in respect of the Securities 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 the reasonable compensation,
expenses, disbursements and advances of the Trustee, its agents and counsel) and of the Holders allowed in such judicial proceeding, and 
 (b) to collect and receive any moneys or other property payable or deliverable on any such claims and to distribute the same, and any custodian, receiver, assignee, trustee, liquidator, sequestrator
or other similar official in any such judicial proceeding is hereby authorized by each Holder to make such payments to the Trustee and, in the event that the Trustee shall consent to the making of such payments directly to the Holders, to pay to the
Trustee any amount due it for the reasonable compensation, expenses, disbursements and advances of the Trustee, its agents and counsel, and any other amounts due the Trustee under Section 7.7. 

Nothing herein contained shall be deemed to authorize the Trustee to authorize or consent to or accept or adopt on behalf of any Holder
any plan of reorganization, arrangement, adjustment or composition affecting the Securities or the rights of any Holder thereof or to authorize the Trustee to vote in respect of the claim of any Holder in any such proceeding. 

Section 6.5. Trustee May Enforce Claims Without Possession of Securities. 

All rights of action and claims under this Indenture or the Securities may be prosecuted and enforced by the Trustee without the
possession of any of the Securities or the production thereof in any proceeding relating thereto, and any such proceeding instituted by the Trustee shall be brought in its own name as trustee of an express trust, and any recovery of judgment shall,
after provision for the payment of the reasonable compensation, expenses, disbursements and advances of the Trustee, its agents and counsel, be for the ratable benefit of the Holders of the Securities in respect of which such judgment has been
recovered. 

  
 23 

 Section 6.6. Application of Money Collected. 

Any money or property collected by the Trustee pursuant to this Article shall be applied in the following order, at the date or dates
fixed by the Trustee and, in case of the distribution of such money or property on account of principal or interest, upon presentation of the Securities and the notation thereon of the payment if only partially paid and upon surrender thereof if
fully paid: 
 First: To the payment of all amounts due the Trustee under Section 7.7; 

Second: To the payment of the amounts then due and unpaid for principal of and interest on the Securities in respect of which or for the
benefit of which such money has been collected, ratably, without preference or priority of any kind, according to the amounts due and payable on such Securities for principal and interest, respectively; and 

Third: To the Issuers or the Guarantors, as applicable. 
 Section 6.7. Limitation on Suits. 
 No Holder of any Security of
any Series shall have any right to institute any proceeding, judicial or otherwise, with respect to this Indenture, or for the appointment of a receiver or trustee, or for any other remedy hereunder, unless: 

(a) such Holder has previously given written notice to the Trustee of a continuing Event of Default with respect to
the Securities of that Series; 
 (b) the Holders of not less than 25% in principal amount of the
outstanding Securities of that Series shall have made written request to the Trustee to institute proceedings in respect of such Event of Default in its own name as Trustee hereunder; 

(c) such Holder or Holders have offered to the Trustee indemnity or security reasonably satisfactory to the Trustee
against the costs, expenses and liabilities which might be incurred by the Trustee in compliance with such request; 
 (d) the Trustee for 60 days after its receipt of such notice, request and offer of indemnity has failed to institute any such proceeding; and 

(e) no direction inconsistent with such written request has been given to the Trustee during such 60-day period by
the Holders of a majority in principal amount of the outstanding Securities of that Series; 
 it being understood, intended and expressly
covenanted by the Holder of every Security with every other Holder and the Trustee that no one or more of such Holders shall have any right in any manner whatever by virtue of, or by availing of, any provision of this Indenture to affect, disturb or
prejudice the rights of any other of such Holders, or to obtain or to seek to obtain priority or preference over any other of such Holders or to enforce any right under this Indenture, except in the manner herein provided and for the equal and
ratable benefit of all such Holders of the applicable Series. 

  
 24 

 Section 6.8. Unconditional Right of Holders to Receive Principal and
Interest. 
 Notwithstanding any other provision in this Indenture, the Holder of any Security shall have the right, which
is absolute and unconditional, to receive payment of the principal of and interest, if any, on such Security on the Maturity of such Security, including the Stated Maturity expressed in such Security (or, in the case of redemption, on the redemption
date) and to institute suit for the enforcement of any such payment, and such rights shall not be impaired without the consent of such Holder. 
 Section 6.9. Restoration of Rights and Remedies. 
 If the Trustee
or any Holder has instituted any proceeding to enforce any right or remedy under this Indenture and such proceeding has been discontinued or abandoned for any reason, or has been determined adversely to the Trustee or to such Holder, then and in
every such case, subject to any determination in such proceeding, the Issuers, the Guarantors, the Trustee and the Holders shall be restored severally and respectively to their former positions hereunder and thereafter all rights and remedies of the
Trustee and the Holders shall continue as though no such proceeding had been instituted. 
 Section 6.10. Rights
and Remedies Cumulative. 
 Except as otherwise provided with respect to the replacement or payment of mutilated, destroyed,
lost or stolen Securities in Section 2.8, no right or remedy herein conferred upon or reserved to the Trustee or to the Holders is intended to be exclusive of any other right or remedy, and every right and remedy shall, to the extent
permitted by law, be cumulative and in addition to every other right and remedy given hereunder or now or hereafter existing at law or in equity or otherwise. The assertion or employment of any right or remedy hereunder, or otherwise, shall not, to
the extent permitted by law, prevent the concurrent assertion or employment of any other appropriate right or remedy. 

Section 6.11. Delay or Omission Not Waiver. 
 No delay or omission of the Trustee or of any Holder of any Securities to exercise any right or remedy accruing upon any Event of Default shall impair any such right or remedy or constitute a waiver of
any such Event of Default or an acquiescence therein. Every right and remedy given by this Article or by law to the Trustee or to the Holders may be exercised from time to time, and as often as may be deemed expedient, by the Trustee or by the
Holders, as the case may be. 
 Section 6.12. Control by Holders. 

The Holders of a majority in principal amount of the outstanding Securities of any Series shall have the right to direct the time, method
and place of conducting any proceeding for any remedy available to the Trustee, or exercising any trust or power conferred on the Trustee, with respect to the Securities of such Series, provided that: 

(a) such direction shall not be in conflict with any rule of law or with this Indenture, 

(b) the Trustee may take any other action deemed proper by the Trustee which is not inconsistent with such direction,

  
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 (c) subject to the provisions of Section 6.1, the Trustee
shall have the right to decline to follow any such direction if the Trustee in good faith shall, by a Responsible Officer of the Trustee, determine that the proceeding so directed would involve the Trustee in personal liability, and 

(d) prior to taking any action as directed under this Section 6.12, the Trustee shall be entitled to
indemnity reasonably satisfactory to it against the costs, expenses and liabilities which might be incurred by it in compliance with such request or direction. 
 Section 6.13. Waiver of Past Defaults. 
 The Holders of not less
than a majority in principal amount of the outstanding Securities of any Series may on behalf of the Holders of all the Securities of such Series waive any past Default hereunder with respect to such Series and its consequences, except a Default in
the payment of the principal of or interest on any Security of such Series (provided, however, that the Holders of a majority in principal amount of the outstanding Securities of any Series may rescind an acceleration and its consequences, including
any related payment default that resulted from such acceleration). Upon any such waiver, such Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no
such waiver shall extend to any subsequent or other Default or impair any right consequent thereon. 

Section 6.14. Undertaking for Costs. 
 All parties to this Indenture agree, and each Holder of any Security by its 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, suffered 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, and that such
court may in its discretion assess reasonable costs, including reasonable attorneys’ fees, 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 6.14 shall not apply to any suit instituted by the Issuers, to any suit instituted by the Trustee, to any suit instituted by any Holder, or group of Holders, holding in the aggregate more than 10% in principal
amount of the outstanding Securities of any Series, or to any suit instituted by any Holder for the enforcement of the payment of the principal of or interest on any Security on or after the Maturity of such Security, including the Stated Maturity
expressed in such Security (or, in the case of redemption, on the redemption date). 
 ARTICLE VII. 

TRUSTEE 

Section 7.1. Duties of Trustee. 
 (a) If an Event of Default has occurred and is continuing, the Trustee shall exercise the rights and powers vested in it by this Indenture and use the same degree of care and skill in their exercise
as a prudent person would exercise or use under the circumstances in the conduct of such person’s own affairs. 

  
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 (b) Except during the continuance of an Event of Default: 

(i) The Trustee need perform only those duties that are specifically set forth in this Indenture and no others.

 (ii) In the absence of bad faith on its part, the Trustee may conclusively rely, as to the truth of the
statements and the correctness of the opinions expressed therein, upon Officer’s Certificates or Opinions of Counsel furnished to the Trustee and conforming to the requirements of this Indenture; however, in the case of any such Officer’s
Certificates or Opinions of Counsel which by any provisions hereof are specifically required to be furnished to the Trustee, the Trustee shall examine such Officer’s Certificates and Opinions of Counsel to determine whether or not they conform
to the form requirements of this Indenture. 
 (c) The Trustee may not be relieved from liability for its
own negligent action, its own negligent failure to act or its own willful misconduct, except that: 
 (i) This
paragraph does not limit the effect of paragraph (b) of this Section 7.1. 
 (ii) The Trustee
shall not be liable for any error of judgment made in good faith by a Responsible Officer, unless it is proved that the Trustee was negligent in ascertaining the pertinent facts. 

(iii) The Trustee shall not be liable with respect to any action taken, suffered or omitted to be taken by it with respect
to the Securities of any Series in good faith in accordance with the direction of the Holders of a majority in principal amount of the outstanding Securities of such Series relating to the time, method and place of conducting any proceeding for any
remedy available to the Trustee, or exercising any trust or power conferred upon the Trustee, under this Indenture with respect to the Securities of such Series in accordance with Section 6.12. 

(d) Every provision of this Indenture that in any way relates to the Trustee is subject to clauses (a), (b) and
(c) of this Section 7.1. 
 (e) The Trustee may refuse to perform any duty or exercise any
right or power unless it receives indemnity reasonably satisfactory to it against the costs, expenses and liabilities which might be incurred by it in performing such duty or exercising such right or power. 

(f) The Trustee shall not be liable for interest on any money received by it except as the Trustee may agree in
writing with the Issuers. Money held in trust by the Trustee need not be segregated from other funds except to the extent required by law. 
 (g) No provision of this Indenture shall require the Trustee to risk its own funds or otherwise incur any financial liability in the performance of any of its duties, or in the exercise of any of its
rights or powers, if indemnity reasonably satisfactory to the Trustee against such risk is not assured to the Trustee. 
 (h) The Paying Agent, the Registrar and any authenticating agent shall be entitled to the protections and immunities as are set forth in paragraphs (e), (f) and (g) of this Section
and in Section 7.2, each with respect to the Trustee. 

  
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 Section 7.2. Rights of Trustee. 

(a) The Trustee may rely on and shall be protected in acting or refraining from acting upon any document (whether in
its original or facsimile form) believed by it to be genuine and to have been signed or presented by the proper person. The Trustee need not investigate any fact or matter stated in the document. 

(b) Before the Trustee acts or refrains from acting, it may require an Officer’s Certificate or an Opinion of
Counsel or both. The Trustee shall not be liable for any action it takes or omits to take in good faith in reliance on such Officer’s Certificate or Opinion of Counsel. 

(c) The Trustee may act through agents and shall not be responsible for the misconduct or negligence of any agent
appointed with due care. No Depositary shall be deemed an agent of the Trustee and the Trustee shall not be responsible for any act or omission by any Depositary. 

(d) The Trustee shall not be liable for any action it takes or omits to take in good faith which it believes to be
authorized or within its rights or powers, provided that the Trustee’s conduct does not constitute willful misconduct or negligence. 
 (e) 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, suffered or
omitted by it hereunder without willful misconduct or negligence, and in reliance thereon. 
 (f) The
Trustee shall be under no obligation to exercise any of the rights or powers vested in it by this Indenture at the request or direction of any of the Holders of Securities unless such Holders shall have offered to the Trustee security or indemnity
reasonably satisfactory to it against the costs, expenses and liabilities which might be incurred by it in compliance with such request or direction. 
 (g) 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, bond, debenture, note, other evidence of indebtedness or other paper or document, but the Trustee, in its discretion, may make such further inquiry or investigation into such facts or matters as it may see fit. 

(h) The Trustee shall not be deemed to have notice of any Default or Event of Default unless a Responsible Officer of
the Trustee has actual knowledge thereof, or unless written notice of any event which is in fact such a default is received by the Trustee at the Corporate Trust Office of the Trustee, and such notice references the Securities generally or the
Securities of a particular Series and this Indenture. 

  
 28 

 (i) In no event shall the Trustee be liable to any person for special,
punitive, indirect, consequential or incidental loss or damage of any kind whatsoever (including, but not limited to lost profits), even if the Trustee has been advised of the likelihood of such loss or damage. 

(j) The permissive right of the Trustee to take the actions permitted by this Indenture shall not be construed as an
obligation or duty to do so. 
 Section 7.3. Individual Rights of Trustee. 

The Trustee in its individual or any other capacity may become the owner or pledgee of Securities and may otherwise deal with the Issuers
or any Affiliates of the Issuers with the same rights it would have if it were not Trustee. Any Agent may do the same with like rights. The Trustee is also subject to Sections 7.10 and 7.11. 

Section 7.4. Trustee’s Disclaimer. 
 The Trustee makes no representation as to the validity or adequacy of this Indenture or the Securities, it shall not be accountable for the Issuers’ use of the proceeds from the Securities, and it
shall not be responsible for any statement in the Securities other than its authentication. 
 Section 7.5. Notice
of Defaults. 
 If a Default or Event of Default occurs and is continuing with respect to the Securities of any Series and
if it is known to a Responsible Officer of the Trustee, the Trustee shall mail to each Securityholder of the Securities of that Series notice of a Default or Event of Default within 90 days after it occurs or, if later, after a Responsible Officer
of the Trustee has knowledge of such Default or Event of Default. Except in the case of a Default or Event of Default in payment of principal of or interest on any Security of any Series, the Trustee may withhold the notice if and so long as its
corporate trust committee or a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Securityholders of that Series. 

Section 7.6. Reports by Trustee to Holders. 
 Within 60 days after each anniversary of the date of this Indenture, the Trustee shall transmit by mail to all Securityholders, as their names and addresses appear on the register kept by the Registrar, a
brief report dated as of such anniversary date, in accordance with, and to the extent required under, TIA § 313. 
 A copy
of each report at the time of its mailing to Securityholders of any Series shall be filed with the SEC and each national securities exchange on which the Securities of that Series are listed. The Issuers shall promptly notify the Trustee in writing
when Securities of any Series are listed or cease to be listed on any national securities exchange. 

  
 29 

 Section 7.7. Compensation and Indemnity. 

The Issuers shall pay to the Trustee from time to time such compensation for its services as the Issuers and the Trustee shall from time
to time agree upon in writing. The Trustee’s compensation shall not be limited by any law on compensation of a trustee of an express trust. The Issuers shall reimburse the Trustee upon request for all reasonable out of pocket expenses incurred
by it. Such expenses shall include the reasonable compensation and expenses of the Trustee’s agents and counsel. 
 The
Issuers shall indemnify each of the Trustee and any predecessor Trustee (including the cost of defending itself) against any loss, damage, claim, cost, expense or liability, including taxes (other than taxes based upon, measured by or determined by
the income of the Trustee) incurred by it arising out of or in connection with the exercise or performance of the Indenture and the trust or trusts hereunder including the cost of defending itself against any claim (whether asserted by the Issuers,
the Holder or any person) or liability in connection with the exercise or performance of its powers or duties hereunder, or in enforcing the provisions of this Section 7.7, except as set forth in the next paragraph. The Trustee shall
notify the Issuers promptly of any claim for which it may seek indemnity. Failure by the Trustee to so notify the Issuers shall not relieve the Issuers of their obligations under this Section 7.7 except to the extent that the Issuers are
materially prejudiced thereby. The Issuers shall defend the claim and the Trustee shall cooperate in the defense. The Trustee may have one separate counsel and the Issuer shall pay the reasonable fees and expenses of such counsel. The Issuers need
not pay for any settlement made without their consent, which consent shall not be unreasonably withheld. This indemnification shall apply to officers, directors, employees, shareholders and agents of the Trustee. 

The Issuers need not reimburse any expense or indemnify against any loss or liability incurred by the Trustee or by any officer,
director, employee, shareholder or agent of the Trustee through the Trustee’s willful misconduct or negligence as determined by a final non appealable decision of a court of competent jurisdiction. 

To secure the Issuers’ payment obligations in this Section 7.7, the Trustee shall have a lien prior to the Securities of
any Series on all money or property held or collected by the Trustee, except that held in trust to pay principal of and interest on particular Securities of that Series. 
 When the Trustee incurs expenses or renders services after an Event of Default specified in Section 6.1(d) or (e) occurs, the expenses and the compensation for the services are
intended to constitute expenses of administration under any Bankruptcy Law. 
 The provisions of this Section 7.7
shall survive the termination of this Indenture and the resignation or removal of the Trustee. 

Section 7.8. Replacement of Trustee. 
 A resignation or removal of the Trustee and appointment of a successor Trustee shall become effective only upon the successor Trustee’s acceptance of appointment as provided in this
Section 7.8. 

  
 30 

 The Trustee may resign with respect to the Securities of one or more Series by so notifying
the Issuers at least 30 days prior to the date of the proposed resignation. The Holders of a majority in principal amount of the Securities of any Series may remove the Trustee with respect to that Series by so notifying the Trustee and the Issuers.
The Issuers may remove the Trustee with respect to the Securities of one or more Series if: 
 (a) the
Trustee fails to comply with Section 7.10; 
 (b) the Trustee is adjudged a bankrupt or an
insolvent or an order for relief is entered with respect to the Trustee under any Bankruptcy Law; 
 (c) a
Custodian or public officer takes charge of the Trustee or its property; or 
 (d) the Trustee becomes
incapable of acting. 
 If the Trustee resigns or is removed or if a vacancy exists in the office of Trustee for any reason, the
Issuers shall promptly appoint a successor Trustee. Within one year after the successor Trustee takes office, the Holders of a majority in principal amount of the then outstanding Securities may appoint a successor Trustee to replace the successor
Trustee appointed by the Issuers. 
 If a successor Trustee with respect to the Securities of any one or more Series does not
take office within 60 days after the retiring Trustee resigns or is removed, the retiring Trustee, the Issuers or the Holders of at least a majority in principal amount of the Securities of the applicable Series may petition any court of competent
jurisdiction for the appointment of a successor Trustee. 
 A successor Trustee shall deliver a written acceptance of its
appointment to the retiring Trustee and to the Issuers. Immediately after that, the retiring Trustee shall transfer all property held by it as Trustee to the successor Trustee subject to the lien provided for in Section 7.7, the
resignation or removal of the retiring Trustee shall become effective, and the successor Trustee shall have all the rights, powers and duties of the Trustee with respect to each Series of Securities for which it is acting as Trustee under this
Indenture. A successor Trustee shall mail a notice of its succession to each Securityholder of each such Series. Notwithstanding replacement of the Trustee pursuant to this Section 7.8, the Issuers’ obligations under
Section 7.7 hereof shall continue for the benefit of the retiring Trustee with respect to expenses and liabilities incurred by it for actions taken or omitted to be taken in accordance with its rights, powers and duties under this
Indenture prior to such replacement. 
 Section 7.9. Successor Trustee by Merger, Etc. 

If the Trustee consolidates with, merges or converts into, or transfers all or substantially all of its corporate trust business to,
another corporation, the successor corporation without any further act shall be the successor Trustee, subject to Section 7.10. 
 Section 7.10. Eligibility; Disqualification. 
 This Indenture
shall always have a Trustee who satisfies the requirements of TIA § 310(a)(1), (2) and (5). The Trustee shall always have a combined capital and surplus of at least $50,000,000 as set forth in its most recent published annual report of
condition. The Trustee shall comply with TIA § 310(b). 

  
 31 

 Section 7.11. Preferential Collection of Claims Against Issuers.

 The Trustee is subject to TIA § 311(a), excluding any creditor relationship listed in TIA § 311(b). A Trustee who
has resigned or been removed shall be subject to TIA § 311(a) to the extent indicated. 
 ARTICLE VIII. 

SATISFACTION AND DISCHARGE; DEFEASANCE 
 Section 8.1. Satisfaction and Discharge of Indenture. 
 This
Indenture shall upon Issuer Order cease to be of further effect (except as hereinafter provided in this Section 8.1), and the Trustee, at the expense of the Issuers, shall execute instruments acknowledging satisfaction and discharge of
this Indenture, when 
 (a) either 

(i) all Securities theretofore authenticated and delivered (other than Securities that have been destroyed, lost or stolen
and that have been replaced or paid) have been delivered to the Trustee for cancellation; or 
 (ii) all such
Securities not theretofore delivered to the Trustee for cancellation 
 (1) have become due and payable,

 (2) will become due and payable at their Stated Maturity within one year, 

(3) have been called for redemption or are to be called for redemption within one year under arrangements satisfactory to
the Trustee for the giving of notice of redemption by the Trustee in the name, and at the expense, of the Issuers, or 
 (4) are deemed paid and discharged pursuant to Section 8.3, as applicable; 
 and the Issuers, in the case of (1), (2) or (3) above, have irrevocably deposited or caused to be deposited with the Trustee as trust funds in trust an amount of money or U.S. Government
Obligations sufficient for the purpose of paying and discharging the entire indebtedness on such Securities not theretofore delivered to the Trustee for cancellation, for principal and interest to the date of such deposit (in the case of Securities
which have become due and payable on or prior to the date of such deposit) or to the Stated Maturity or redemption date, as the case may be; 

  
 32 

 (b) the Issuers have paid or caused to be paid all other sums payable
hereunder by the Issuers; and 
 (c) the Issuers have delivered to the Trustee an Officer’s Certificate
and an Opinion of Counsel, each stating that all conditions precedent herein provided for relating to the satisfaction and discharge of this Indenture have been complied with. 
 Notwithstanding the satisfaction and discharge of this Indenture, the obligations of the Issuers to the Trustee under Section 7.7, and, if money shall have been deposited with the Trustee
pursuant to clause (a) of this Section 8.1, the provisions of Sections 2.4, 2.7, 2.8, 8.2 and 8.5, shall survive. 
 If the Issuers exercise the satisfaction and discharge provisions in compliance with this Indenture with respect to Securities of a particular Series that are entitled to the benefit of the Guarantee of
any Guarantor, the Guarantee will terminate with respect to that Series of Securities. 
 Section 8.2. Application
of Trust Funds; Indemnification. 
 (a) Subject to the provisions of Section 8.5, all money
or U.S. Government Obligations deposited with the Trustee pursuant to Section 8.1, all money and U.S. Government Obligations or Foreign Government Obligations deposited with the Trustee pursuant to Section 8.3 or 8.4
and all money received by the Trustee in respect of U.S. Government Obligations or Foreign Government Obligations deposited with the Trustee pursuant to Section 8.3 or 8.4 shall be held in trust and applied by it, in accordance
with the provisions of the Securities and this Indenture, to the payment, either directly or through any Paying Agent (including an Issuer acting as its own Paying Agent) as the Trustee may determine, to the persons entitled thereto, of the
principal and interest for whose payment such money has been deposited with or received by the Trustee or to make mandatory sinking fund payments or analogous payments as contemplated by Section 8.3 or 8.4. 

(b) The Issuers shall pay and shall indemnify the Trustee against any tax, fee or other charge imposed on or assessed
against U.S. Government Obligations or Foreign Government Obligations deposited pursuant to Section 8.3 or 8.4 or the interest and principal received in respect of such obligations other than any payable by or on behalf of
Holders. 
 (c) The Trustee shall deliver or pay to the Issuers from time to time upon an Issuer Order any
U.S. Government Obligations or Foreign Government Obligations or money held by it as provided in Section 8.3 or 8.4 which, in the opinion of a nationally recognized firm of independent certified public accountants or investment
bank expressed in a written certification thereof delivered to the Trustee, are then in excess of the amount thereof which then would have been required to be deposited for the purpose for which such U.S. Government Obligations or Foreign Government
Obligations or money were deposited or received. This provision shall not authorize the sale by the Trustee of any U.S. Government Obligations or Foreign Government Obligations held under this Indenture. 

  
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 Section 8.3. Legal Defeasance of Securities of any Series. 

Unless this Section 8.3 is otherwise specified, pursuant to Section 2.2, to be inapplicable to Securities of any
Series, the Issuers shall be deemed to have paid and discharged the entire indebtedness on all the outstanding Securities of any Series on the 91st day after the date of the deposit referred to in subparagraph (d) hereof, and the provisions of
this Indenture, as it relates to such outstanding Securities of such Series, shall no longer be in effect and any Guarantee will terminate with respect to that Series of Securities (and the Trustee, at the expense of the Issuers, shall, upon receipt
of an Issuer Order, execute instruments acknowledging the same), except as to: 
 (a) the rights of Holders
of Securities of such Series to receive, from the trust funds described in subparagraph (d) hereof, (i) payment of the principal of and each installment of principal of and interest on the outstanding Securities of such Series on the
Maturity of such principal or installment of principal or interest and (ii) the benefit of any mandatory sinking fund payments applicable to the Securities of such Series on the day on which such payments are due and payable in accordance with
the terms of this Indenture and the Securities of such Series; 
 (b) the provisions of Sections 2.4,
2.7, 2.8, 8.2, 8.3 and 8.5; and 
 (c) the rights, powers, trust and
immunities of the Trustee hereunder and the Issuers’ obligations in connection therewith; 
 provided that the following conditions shall
have been satisfied: 
 (d) the Issuers shall have deposited or caused to be irrevocably deposited (except
as provided in Section 8.2(c)) with the Trustee as trust funds in trust for the purpose of making the following payments ; specifically pledged as security for and dedicated solely to the benefit of the Holders of such Securities (i) in
the case of Securities of such Series denominated in Dollars, cash in Dollars and/or U.S. Government Obligations, or (ii) in the case of Securities of such Series denominated in a Foreign Currency (other than a composite currency), money and/or
Foreign Government Obligations, which through the payment of interest and principal in respect thereof, in accordance with their terms, will provide (and without reinvestment and assuming no tax liability will be imposed on such Trustee), not later
than one day before the due date of any payment of money, an amount in cash, sufficient, in the opinion of a nationally recognized firm of independent public accountants or investment bank expressed in a written certification thereof delivered to
the Trustee, to pay and discharge each installment of principal of and interest, if any, on and any mandatory sinking fund or payments in respect of all of the Securities of such Series on the dates such installments of interest or principal and
such sinking fund payments are due; 
 (e) such deposit will not result in a breach or violation of, or
constitute a default under, this Indenture or any other agreement or instrument to which an Issuer is a party or by which it is bound; 

  
 34 

 (f) no Default or Event of Default with respect to the Securities of
such Series shall have occurred and be continuing on the date of such deposit or during the period ending on the 91st day after such date; 
 (g) the Issuers shall have delivered to the Trustee an Officer’s Certificate and an Opinion of Counsel to the effect that (i) the Issuers have received from, or there has been published by,
the Internal Revenue Service a ruling, or (ii) since the date of execution 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 the Securities of such Series will not recognize income, gain or loss for Federal income tax purposes as a result of such deposit, defeasance and discharge and will be subject to Federal income tax on the same amount and
in the same manner and at the same times as would have been the case if such deposit, defeasance and discharge had not occurred; 
 (h) the Issuers shall have delivered to the Trustee an Officer’s Certificate stating that the deposit was not made by the Issuers with the intent of defeating, hindering, delaying or defrauding
any other creditors of the Issuers; and 
 (i) the Issuers shall have delivered to the Trustee an
Officer’s Certificate and an Opinion of Counsel, each stating that all conditions precedent provided for relating to the defeasance contemplated by this Section 8.3 have been complied with. 

Section 8.4. Covenant Defeasance. 
 Unless this Section 8.4 is otherwise specified pursuant to Section 2.2 to be inapplicable to Securities of any Series, the Issuers may omit to comply with respect to the Securities
of any Series with any term, provision or condition set forth under Sections 4.2, 4.3, 4.4, 4.5 and 5.1 as well as any additional covenants specified in a supplemental indenture for such Series of Securities or a
Board Resolution or an Officer’s Certificate delivered pursuant to Section 2.2 (and the failure to comply with any such covenants shall not constitute a Default or Event of Default with respect to such Series under
Section 6.1) and the occurrence of any event specified in a supplemental indenture for such Series of Securities or a Board Resolution or an Officer’s Certificate delivered pursuant to Section 2.2.18 and
designated as an Event of Default shall not constitute a Default or Event of Default hereunder, with respect to the Securities of such Series, provided that the following conditions shall have been satisfied: 

(a) With reference to this Section 8.4, the Issuers have deposited or caused to be irrevocably deposited
(except as provided in Section 8.2(c)) with the Trustee as trust funds in trust for the purpose of making the following payments specifically pledged as security for, and dedicated solely to, the benefit of the Holders of such Securities
(i) in the case of Securities of such Series denominated in Dollars, cash in Dollars and/or U.S. Government Obligations, or (ii) in the case of Securities of such Series denominated in a Foreign Currency (other than a composite currency),
money and/or Foreign Government Obligations, which through the payment of interest and principal in respect thereof, in accordance with their terms, will provide (and without reinvestment and assuming no tax liability will be imposed on such
Trustee), not later than one day before the due date of any payment of money, an amount in cash, sufficient, in the opinion of a nationally 

  
 35 

 
recognized firm of independent certified public accountants or investment bank expressed in a written certification thereof delivered to the Trustee, to pay and discharge each installment of
principal of and interest, if any, on and any mandatory sinking fund payments in respect of the Securities of such Series on the dates such installments of interest or principal and such sinking fund payments are due; 

(b) Such deposit will not result in a breach or violation of, or constitute a default under, this Indenture or any
other agreement or instrument to which an Issuer is a party or by which it is bound; 
 (c) No Default or
Event of Default with respect to the Securities of such Series shall have occurred and be continuing on the date of such deposit; 
 (d) The Issuers shall have delivered to the Trustee an Opinion of Counsel to the effect that the Holders of the Securities of such Series will not recognize income, gain or loss for federal income
tax purposes as a result of such deposit and 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 deposit and covenant defeasance had not
occurred; 
 (e) The Issuers shall have delivered to the Trustee an Officer’s Certificate stating the
deposit was not made by the Issuers with the intent of defeating, hindering, delaying or defrauding any other creditors of the Issuers; and 
 (f) The Issuers shall have delivered to the Trustee an Officer’s Certificate and an Opinion of Counsel, each stating that all conditions precedent herein provided for relating to the covenant
defeasance contemplated by this Section 8.4 have been complied with. 
 Section 8.5. Repayment to
Issuers. 
 Subject to applicable abandoned property law, the Trustee and the Paying Agent shall pay to the Issuers upon
request any money held by them for the payment of principal and interest that remains unclaimed for two years. After that, the Securityholders entitled to the money must look to the Issuers for payment as general creditors unless an applicable
abandoned property law designates another person. 
 Section 8.6. Reinstatement. 

If the Trustee or the Paying Agent is unable to apply any money deposited with respect to Securities of any Series in accordance with
Section 8.1 by reason of any legal proceeding or by reason of any order or judgment of any court or governmental authority enjoining, restraining or otherwise prohibiting such application, the obligations of the Issuers under this
Indenture with respect to the Securities of such Series and under the Securities of such Series shall be revived and reinstated as though no deposit had occurred pursuant to Section 8.1 until such time as the Trustee or the Paying Agent
is permitted to apply all such money in accordance with Section 8.1; provided, however, that if the Issuers have made payment of principal of or interest on or any Additional Amounts with respect to any Securities because of

  
 36 

 
the reinstatement of its obligations, the Issuers shall be subrogated to the rights of the Holders of such Securities to receive such payment from the money or U.S. Government Obligations held by
the Trustee or Paying Agent after payment in full to the Holders. 
 ARTICLE IX. 

AMENDMENTS AND WAIVERS 
 Section 9.1. Without Consent of Holders. 
 The Issuers, any
Guarantors and the Trustee may amend or supplement this Indenture or the Securities of one or more Series without the consent of any Securityholder: 
 (a) to cure any ambiguity, defect or inconsistency; 

(b) to comply with Article V; 

(c) to provide for uncertificated Securities in addition to or in place of certificated Securities; 

(d) to surrender any of the Issuers’ rights or powers under this Indenture; 

(e) to add covenants or events of default for the benefit of the holders of Securities of any Series; 

(f) to comply with the applicable procedures of the applicable depositary; 

(g) to make any change that does not adversely affect the rights of any Securityholder as determined in good faith by
the Issuers, as evidenced in an Officer’s Certificate delivered to the Trustee; 
 (h) to provide for
the issuance of and establish the form and terms and conditions of the Securities of any Series as permitted by this Indenture; 
 (i) to evidence and provide for the acceptance of appointment hereunder by a successor Trustee with respect to the 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; 
 (j) to comply with requirements of the SEC in order to effect or maintain the qualification of this Indenture under the TIA; 

(k) to reflect the release of any Guarantor in accordance with the terms of the Indenture; or 

(l) to add Guarantors with respect to any or all of the Securities or to secure any or all of the Securities or the
Guarantee. 

  
 37 

 Section 9.2. With Consent of Holders. 

The Issuers, any Guarantors and the Trustee may enter into a supplemental indenture with the written consent of the Holders of at least a
majority in principal amount of the outstanding Securities of each Series affected by such supplemental indenture (including consents obtained in connection with a tender offer or exchange offer for the Securities of such Series), 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 Securityholders of each such Series. Except as provided in
Section 6.13, the Holders of at least a majority in principal amount of the outstanding Securities of any Series by notice to the Trustee (including consents obtained in connection with a tender offer or exchange offer for the Securities
of such Series) may waive compliance by the Issuers with any provision of this Indenture or the Securities with respect to such Series. 
 It shall not be necessary for the consent of the Holders of Securities under this Section 9.2 to approve the particular form of any proposed supplemental indenture or waiver, but it shall be
sufficient if such consent approves the substance thereof. After a supplemental indenture or waiver under this Section 9.2 becomes effective, the Issuers shall mail to the Holders of Securities affected thereby a notice briefly
describing the supplemental indenture or waiver. Any failure by the Issuers to mail or publish such notice, or any defect therein, shall not, however, in any way impair or affect the validity of any such supplemental indenture or waiver. 

Section 9.3. Limitations. 
 Without the consent of each Securityholder affected, an amendment or waiver may not: 
 (a) reduce the principal amount of the Securities whose Holders must consent to an amendment, supplement or waiver; 

(b) reduce the rate of or extend the time for payment of interest (including default interest) on any Security;

 (c) reduce the principal or change the Stated Maturity of any Security or reduce the amount of, or
postpone the date fixed for, the payment of any sinking fund or analogous obligation; 
 (d) reduce the
principal amount of the Discount Securities payable upon acceleration of the maturity thereof; 
 (e) waive
a Default or Event of Default in the payment of the principal of or interest, if any, on any Security (except a rescission of acceleration of the Securities of any Series by the Holders of at least a majority in principal amount of the outstanding
Securities of such Series and a waiver of the payment default that resulted from such acceleration); 

(f) make the principal of or interest, if any, on any Security payable in any currency other than that stated in the
Security; 
 (g) make any change in Sections 6.8 or 6.13 or this clause (g); 

  
 38 

 (h) waive a redemption payment with respect to any Security, provided
that such redemption is made at the Issuers’ option; or 
 (i) if the Securities of that Series are
entitled to the benefit of the Guarantee, release any Guarantor of such Series other than as provided in this Indenture or modify the Guarantee in any manner adverse to the Holders. 

Section 9.4. Compliance with Trust Indenture Act. 

Every amendment to this Indenture or the Securities of one or more Series shall be set forth in a supplemental indenture hereto that
complies with the TIA as then in effect. 
 Section 9.5. Revocation and Effect of Consents. 

Until an amendment is set forth in a supplemental indenture or a waiver becomes effective, a consent to it by a Holder of a Security is a
continuing consent by the Holder and every subsequent Holder of a Security or portion of a Security that evidences the same debt as the consenting Holder’s Security, even if notation of the consent is not made on any Security. However, any such
Holder or subsequent Holder may revoke the consent as to his Security or portion of a Security if the Trustee receives the notice of revocation before the date of the supplemental indenture or the date the waiver becomes effective. 

Any amendment or waiver once effective shall bind every Securityholder of each Series affected by such amendment or waiver unless it is
of the type described in any of clauses (a) through (h) of Section 9.3. In that case, the amendment or waiver shall bind each Holder of a Security who has consented to it and every subsequent Holder of a Security or portion of
a Security that evidences the same debt as the consenting Holder’s Security. 
 The Issuers may, but shall not be obligated
to, fix a record date for the purpose of determining the Holders entitled to give their consent or take any other action described above or 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 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 take any such
action, whether or not such persons continue to be Holders after such record date. No such consent shall be valid or effective for more than 120 days after such record date. 
 Section 9.6. Notation on or Exchange of Securities. 
 The Issuers
or the Trustee may place an appropriate notation about an amendment or waiver on any Security of any Series thereafter authenticated. The Issuers in exchange for the Securities of that Series may issue and the Trustee shall authenticate upon request
new Securities of that Series that reflect the amendment or waiver. 
 Section 9.7. Trustee Protected.

 In executing, or accepting the additional trusts created by, any supplemental indenture permitted by this Article or the
modifications thereby of the trusts created by this Indenture, the Trustee shall be entitled to receive, and (subject to Section 7.1) shall be fully 

  
 39 

 
protected in relying upon, an Opinion of Counsel or an Officer’s Certificate, or both, complying with Section 10.4. The Trustee shall sign all supplemental indentures upon
delivery of such an Officer’s Certificate or Opinion of Counsel or both, except that the Trustee need not sign any supplemental indenture that adversely affects its rights. 

ARTICLE X. 

MISCELLANEOUS 

Section 10.1. Trust Indenture Act Controls. 
 If any provision of this Indenture limits, qualifies or conflicts with another provision which is required or deemed to be included in this Indenture by the TIA, such required or deemed provision shall
control. 
 Section 10.2. Notices. 
 Any notice or communication by the Issuers, the Guarantors or the Trustee to the other, or by a Holder to the Issuers, the Guarantors or the Trustee, is duly given if in writing and delivered in person or
mailed by first-class mail: 
 if to the Issuers or any Guarantor: 

Rentech Nitrogen Partners, L.P. 
 10877 Wilshire Boulevard 
 Suite 600 

Los Angeles, California 90024 

			
	 Attention:
	 	General Counsel
	 Telephone:
	 	(310) 571-9800
	 Facsimile:
	 	(310) 208-7165

 with a copy to: 
 Latham & Watkins LLP 
 355 South Grand Avenue 

Los Angeles, California 90071-1560 

			
	 Attention:
	 	Anthony J. Richmond and David Zaheer
	 Telephone:
	 	(213) 891-7516
	 Facsimile:
	 	(213) 891-8763

 if to the Trustee: 
 Wells Fargo Bank, National Association 
 707 Wilshire Blvd. 17th Floor 

Los Angeles, CA 90017 

			
	 Attention:
	 	Administrator for Rentech Nitrogen Partners L.P.
	 Telephone:
	 	213-614-4029
	 Facsimile:
	 	213-614-3355

  
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 The Issuers, any Guarantor or the Trustee by notice to the others may designate additional or different
addresses for subsequent notices or communications. 
 Any notice or communication to a Securityholder shall be mailed by
first-class mail to his address shown on the register kept by the Registrar. Failure to mail a notice or communication to a Securityholder of any Series or any defect in it shall not affect its sufficiency with respect to other Securityholders of
that or any other Series. 
 If a notice or communication is mailed or published in the manner provided above, within the time
prescribed, it is duly given, whether or not the Securityholder receives it. 
 If the Issuers mail a notice or communication to
Securityholders, they shall mail a copy to the Trustee and each Agent at the same time. 
 Notwithstanding any other provision
of this Indenture or any Security, where this Indenture or any Security provides for notice of any event (including any notice of redemption) to a Holder of a Global Security (whether by mail or otherwise), such notice shall be sufficiently given to
the Depositary for such Security (or its designee) pursuant to the customary procedures of such Depositary. 

Section 10.3. Communication by Holders with Other Holders. 

The Securityholders of any Series may communicate pursuant to TIA § 312(b) with the other Securityholders of that Series or any
other Series with respect to their rights under this Indenture or the Securities of that Series or all Series. The Issuers, the Trustee, the Registrar and anyone else shall have the protection of TIA § 312(c). 

Section 10.4. Certificate and Opinion as to Conditions Precedent. 

Upon any request or application by the Issuers to the Trustee to take any action under this Indenture, the Issuers shall furnish to the
Trustee: 
 (a) an Officer’s Certificate stating that, in the opinion of the signers, all conditions
precedent, if any, provided for in this Indenture relating to the proposed action have been complied with; and 

(b) an Opinion of Counsel stating that, in the opinion of such counsel, all such conditions precedent have been
complied with. 
 Section 10.5. Statements Required in Certificate or Opinion. 

Each certificate or opinion with respect to compliance with a condition or covenant provided for in this Indenture (other than a
certificate provided pursuant to TIA § 314(a)(4)) shall comply with the provisions of TIA § 314(e) and shall include: 
 (a) a statement that the person making such certificate or opinion has read such covenant or condition; 

  
 41 

 (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 10.6. Rules by Trustee and Agents. 
 The Trustee may make
reasonable rules for action by or a meeting of the Securityholders of one or more Series. Any Agent may make reasonable rules and set reasonable requirements for its functions. 

Section 10.7. Legal Holidays. 
 Unless otherwise provided by Board Resolution, Officer’s Certificate or supplemental indenture hereto for a particular Series, a “Legal Holiday” is any day that is not a Business Day. 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. 

Section 10.8. No Recourse Against Others. 
 A director, officer, employee, unitholder or stockholder (past or present), as such, of the Issuers, the general partner of the Partnership or their respective Affiliates, or a Guarantor shall not have
any liability for any obligations of the Issuers under the Securities, the Guarantee or this Indenture or for any claim based on, in respect of or by reason of such obligations or their creation. Each Securityholder by accepting a Security waives
and releases all such liability. The waiver and release are part of the consideration for the issuance of the Securities. 

Section 10.9. Counterparts. 
 This Indenture may be executed in any number of counterparts and by the parties hereto in separate counterparts, each of which when so executed shall be deemed to be an original and all of which taken
together shall constitute one and the same agreement. 
 The exchange of copies of this Indenture and of signature pages by
facsimile or PDF transmission shall constitute effective execution and delivery of this Indenture as to the parties hereto and may be used in lieu of the original Indenture for all purposes. Signatures of the parties hereto transmitted by facsimile
or PDF shall be deemed to be their original signatures for all purposes. 

  
 42 

 Section 10.10. Governing Laws. 

THIS INDENTURE AND THE SECURITIES, INCLUDING ANY CLAIM OR CONTROVERSY ARISING OUT OF OR RELATING TO THE INDENTURE OR THE SECURITIES,
SHALL BE GOVERNED BY THE LAWS OF THE STATE OF NEW YORK (WITHOUT REGARD TO THE CONFLICTS OF LAWS PROVISIONS THEREOF OTHER THAN SECTION 5-1401 OF THE GENERAL OBLIGATIONS LAW). 

Section 10.11. No Adverse Interpretation of Other Agreements. 

This Indenture may not be used to interpret another indenture, loan or debt agreement of the Issuers or a Subsidiary of the Partnership.
Any such indenture, loan or debt agreement may not be used to interpret this Indenture. 

Section 10.12. Successors. 
 All agreements of the Issuers and the Guarantors in this Indenture and the Securities shall bind their respective successors. All agreements of the Trustee in this Indenture shall bind its successor.

 Section 10.13. Severability. 
 In case any provision in this Indenture or in the 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 10.14. Table of Contents, Headings, Etc. 

The Table of Contents, Cross Reference Table, and headings of the Articles and Sections of this Indenture have been inserted for
convenience of reference only, are not to be considered a part hereof, and shall in no way modify or restrict any of the terms or provisions hereof. 
 Section 10.15. Securities in a Foreign Currency. 
 Unless
otherwise specified in a Board Resolution, a supplemental indenture hereto or an Officer’s Certificate delivered pursuant to Section 2.2 of this Indenture with respect to a particular Series of Securities, whenever for purposes of
this Indenture any action may be taken by the Holders of a specified percentage in aggregate principal amount of Securities of all Series or all Series affected by a particular action at the time outstanding and, at such time, there are outstanding
Securities of any Series which are denominated in more than one currency, then the principal amount of Securities of such Series which shall be deemed to be outstanding for the purpose of taking such action shall be determined by converting any such
other currency into a currency that is designated upon issuance of any particular Series of Securities. Unless otherwise specified in a Board Resolution, a supplemental indenture hereto or an Officer’s Certificate delivered pursuant to
Section 2.2 of this Indenture with respect to a particular Series of Securities, such conversion shall be at the spot rate for the purchase of the designated currency as published in the The Financial Times in the “Currency
Rates” section (or, if The Financial Times is no longer published, or if such information is no longer available in The Financial Times, such source as may be selected in good faith by the Issuers) on any date of determination.

  
 43 

 
The provisions of this paragraph shall apply in determining the equivalent principal amount in respect of Securities of a Series denominated in currency other than Dollars in connection with any
action taken by Holders of Securities pursuant to the terms of this Indenture. 
 All decisions and determinations provided for
in the preceding paragraph shall, in the absence of manifest error, to the extent permitted by law, be conclusive for all purposes and irrevocably binding upon the Trustee and all Holders. 

Section 10.16. Judgment Currency. 
 The Issuers agree, to the fullest extent that they may effectively do so under applicable law, that (a) if for the purpose of obtaining judgment in any court it is necessary to convert the sum due in
respect of the principal of or interest or other amount on the Securities of any Series (the “Required Currency”) into a currency in which a judgment will be rendered (the “Judgment Currency”), the rate of exchange
used shall be the rate at which in accordance with normal banking procedures the Trustee could purchase in The City of New York the Required Currency with the Judgment Currency on the day on which final unappealable judgment is entered, unless such
day is not a New York Banking Day, then, the rate of exchange used shall be the rate at which in accordance with normal banking procedures the Trustee could purchase in The City of New York the Required Currency with the Judgment Currency on the New
York Banking Day preceding the day on which final unappealable judgment is entered and (b) its obligations under this Indenture to make payments in the Required Currency (i) shall not be discharged or satisfied by any tender, any recovery
pursuant to any judgment (whether or not entered in accordance with subsection (a)), in any currency other than the Required Currency, except to the extent that such tender or recovery shall result in the actual receipt, by the payee, of the full
amount of the Required Currency expressed to be payable in respect of such payments, (ii) shall be enforceable as an alternative or additional cause of action for the purpose of recovering in the Required Currency the amount, if any, by which
such actual receipt shall fall short of the full amount of the Required Currency so expressed to be payable, and (iii) shall not be affected by judgment being obtained for any other sum due under this Indenture. For purposes of the foregoing,
“New York Banking Day” means any day except a Saturday, Sunday or a legal holiday in The City of New York on which banking institutions are authorized or required by law, regulation or executive order to close. 

ARTICLE XI. 

SINKING FUNDS 

Section 11.1. Applicability of Article. 
 The provisions of this Article shall be applicable to any sinking fund for the retirement of the Securities of a Series if so provided by the terms of such Securities pursuant to Section 2.2
except as otherwise permitted or required by any form of the Security of such Series issued pursuant to this Indenture. 
 The
minimum amount of any sinking fund payment provided for by the terms of the Securities of any Series is herein referred to as a “mandatory sinking fund payment” and any other amount provided for by the terms of the Securities of such
Series is herein referred to as an “optional sinking fund payment.” If provided for by the terms of the Securities of any Series, the 

  
 44 

 
cash amount of any sinking fund payment may be subject to reduction as provided in Section 11.2. Each sinking fund payment shall be applied to the redemption of the Securities of any
Series as provided for by the terms of the Securities of such Series. 
 Section 11.2. Satisfaction of Sinking Fund
Payments with Securities. 
 The Issuers may, in satisfaction of all or any part of any sinking fund payment with respect to
the Securities of any Series to be made pursuant to the terms of such Securities, (1) deliver the outstanding Securities of such Series to which such sinking fund payment is applicable (other than any of such Securities previously called for
mandatory sinking fund redemption) and (2) apply as credit the Securities of such Series to which such sinking fund payment is applicable and which have been repurchased or redeemed either at the election of the Issuers pursuant to the terms of
such Series of Securities (except pursuant to any mandatory sinking fund) or through the application of permitted optional sinking fund payments or other optional redemptions pursuant to the terms of such Securities, provided that such Securities
have not been previously so credited. Such Securities shall be received by the Trustee, together with an Officer’s Certificate with respect thereto, not later than 15 days prior to the date on which the Trustee begins the process of selecting
the Securities for redemption, and shall be credited for such purpose by the Trustee at the price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced
accordingly. If, as a result of the delivery or credit of the Securities in lieu of cash payments pursuant to this Section 11.2, the principal amount of Securities of such Series to be redeemed in order to exhaust the aforesaid cash
payment shall be less than $100,000, the Trustee need not call the Securities of such Series for redemption, except upon receipt of an Issuer Order that such action be taken, and such cash payment shall be held by the Trustee or a Paying Agent and
applied to the next succeeding sinking fund payment, provided, however, that the Trustee or such Paying Agent shall from time to time upon receipt of an Issuer Order pay over and deliver to the Issuers any cash payment so being held by the Trustee
or such Paying Agent upon delivery by the Issuers to the Trustee of the Securities of that Series purchased by the Issuers having an unpaid principal amount equal to the cash payment required to be released to the Issuers. 

Section 11.3. Redemption of Securities for Sinking Fund. 

Not less than 45 days (unless otherwise indicated in the Board Resolution, supplemental indenture hereto or Officer’s Certificate in
respect of a particular Series of Securities) prior to each sinking fund payment date for any Series of Securities, the Issuers will deliver to the Trustee an Officer’s Certificate specifying the amount of the next ensuing mandatory sinking
fund payment for that Series pursuant to the terms of that Series, 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 of the Securities of
that Series pursuant to Section 11.2, and the optional amount, if any, to be added in cash to the next ensuing mandatory sinking fund payment, and the Issuers shall thereupon be obligated to pay the amount therein specified. Not less
than 30 days (unless otherwise indicated in the Board Resolution, Officer’s Certificate or supplemental indenture in respect of a particular Series of Securities) before each such sinking fund payment date the Trustee shall select the
Securities to be redeemed upon such sinking fund payment date in the manner specified in Section 3.2 and cause notice of the redemption thereof to be given in the name of and at the expense of the Issuers in the manner provided in
Section 3.3. Such notice having been duly given, the redemption of such Securities shall be made upon the terms and in the manner stated in Sections 3.4, 3.5 and 3.6. 

  
 45 

 ARTICLE XII. 
 GUARANTEE 
 Section 12.1. Unconditional Guarantee. 

(a) Notwithstanding any provision of this Article to the contrary, the provisions of this Article shall be applicable
only to, and inure solely to the benefit of, the Securities of any Series designated, pursuant to Section 2.2.23, as entitled to the benefits of the Guarantee of each Guarantor identified in such designation and that has executed a
Notation of Guarantee with respect to such Series. 
 (b) For value received, each Guarantor hereby, jointly
and severally, fully, unconditionally and absolutely guarantees (the “Guarantee”) to the Holders and to the Trustee the due and punctual payment of the principal of and interest on each Series of Securities for which such Guarantor
has executed a Notation of Guarantee with respect to such Series and all other amounts due and payable under this Indenture and the Securities of such Series by the Issuers, when and as such principal 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 such Securities and this Indenture, subject to the limitations set forth in Section 12.3. 

(c) Failing payment when due of any amount guaranteed pursuant to the Guarantee, for whatever reason, each of the
Guarantors will be jointly and severally obligated to pay the same immediately. Each of the Guarantors hereby agrees that its obligations hereunder shall be full, unconditional and absolute, irrespective of the validity, regularity or enforceability
of the Securities, the Guarantee (including the Guarantee of any other Guarantor) or this Indenture, the absence of any action to enforce the same, any waiver or consent by any Holder of the Securities with respect to any provisions hereof or
thereof, the recovery of any judgment against either Issuer or any other 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 Guarantors.
Each Guarantor hereby agrees that, in the event of a default in payment of the principal of or interest on the Securities entitled to the Guarantee of such Guarantor, 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 6.7, by the Holders, on the terms and conditions set forth in this Indenture, directly against such Guarantor to
enforce the Guarantee without first proceeding against the Issuers or any other Guarantor. 
 (d) Each
Guarantor hereby (i) waives diligence, presentment, demand of payment, filing of claims with a court in the event of the merger, insolvency or bankruptcy of either Issuer or any of the Guarantors, and all demands whatsoever and
(ii) 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 

  
 46 

 
notice to it. Each Guarantor 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 either Issuer or any of the 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. 

(e) Each Guarantor shall be subrogated to all rights of the Holders and the Trustee against the Issuers in respect of
any amounts paid by such Guarantor pursuant to the provisions of this Indenture; provided, however, that such 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 Securities entitled to the Guarantee of such Guarantor and the Guarantee shall have been paid in full or discharged. 

Section 12.2. Execution and Delivery of Notation of Guarantee. 

To evidence the Guarantee of a Guarantor of a Series of Securities, a Notation of Guarantee, executed by either manual or facsimile
signature of an Officer of such Guarantor, shall be affixed on each Security entitled to the benefits of the Guarantee of such Guarantor. If any Officer of any Guarantor whose signature is on a Notation of Guarantee no longer holds that office at
the time the Trustee authenticates a Security to which such Notation of Guarantee is affixed or at any time thereafter, the Guarantee of such Security shall be valid nevertheless. 

Section 12.3. Limitation on Guarantors’ Liability. 

Each Guarantor by its acceptance hereof and each Holder of a Security entitled to the benefits of the Guarantee hereby confirms that it
is the intention of all such parties that the guarantee by such 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, each Holder of a
Security entitled to the benefits of the Guarantee and each Guarantor hereby irrevocably agrees that the obligations of each Guarantor under the Guarantee shall be limited to the maximum amount as will, after giving effect to all other contingent
and fixed liabilities of such Guarantor and to any collections from or payments made by or on behalf of any other Guarantor in respect of the obligations of such other Guarantor under the Guarantee, not result in the obligations of such Guarantor
under the Guarantee constituting a fraudulent conveyance or fraudulent transfer under federal or state law. 

Section 12.4. Release of Guarantors from Guarantee. 

(a) Notwithstanding any other provisions of this Indenture, the Guarantee of any Guarantor may be released upon the
terms and subject to the conditions set forth in Sections 8.1 and 8.3 and in this Section 12.4. Provided that no Default shall have occurred and shall be continuing under this Indenture, the Guarantee incurred by a
Guarantor pursuant to this Article 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 

  
 47 

 
Partnership’s direct or indirect equity interests in such Guarantor (provided such sale, exchange or transfer is not prohibited by this Indenture) or (B) the merger of such Guarantor
into an Issuer or any other Guarantor or the liquidation and dissolution of such Guarantor (in each case to the extent not prohibited by this Indenture) or (ii) with respect to any Series of Securities, upon the occurrence of any other
condition set forth in the Board Resolution, the supplemental indenture or the Officer’s Certificate establishing the terms of such Series. 
 (b) Upon receipt of a written request of the Issuers accompanied by an Officer’s Certificate and an Opinion of Counsel to the effect that any Guarantor is entitled to release from the Guarantee
in accordance with the provisions of this Indenture, the Trustee shall deliver an appropriate instrument evidencing the release of such Guarantor from the Guarantee. Any Guarantor not so released shall remain liable for the full amount of principal
of and interest on the Securities entitled to the benefits of the Guarantee as provided in this Indenture, subject to the limitations of Section 12.3. 
 Section 12.5. Mutilated, Destroyed, Lost and Stolen Notations of Guarantee. 
 If any mutilated Notation of Guarantee affixed to any Security is surrendered to the Trustee, the Guarantor that executed such Notation of Guarantee shall execute and deliver in exchange therefor a new
Notation of Guarantee with respect to such Security. 
 If there shall be delivered to the Issuers and the Trustee
(a) evidence to their satisfaction of the destruction, loss or theft of any Notation of Guarantee by a holder of a Security to which such Notation of Guarantee was originally affixed and (b) such security or indemnity as may be required by
them to save each of them and any agent of either of them and the applicable Guarantor harmless, then the applicable Guarantor shall execute, in lieu of any such destroyed, lost or stolen Notation of Guarantee, a new Notation of Guarantee with
respect to such Security. 
 Upon the issuance of any new Notation of Guarantee under this Section 12.5, the Issuers
may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in relation thereto and any other expenses (including the fees and expenses of the Trustee) connected therewith. 

Every new Notation of Guarantee issued pursuant to this Section 12.5 in lieu of any destroyed, lost or stolen Notation of
Guarantee shall constitute an original additional contractual obligation of the applicable Guarantor, whether or not the destroyed, lost or stolen Notation of Guarantee shall be at any time enforceable by anyone, and shall be entitled to all the
benefits of this Indenture. 
 The provisions of this Section 12.5 are exclusive and shall preclude (to the extent
lawful) all other rights and remedies with respect to the replacement or payment of mutilated, destroyed, lost or stolen Notations of Guarantee. 

  
 48 

 Section 12.6. Waiver of Jury Trial. 

EACH OF THE ISSUERS, THE GUARANTORS AND THE TRUSTEE HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY AND
ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF OR RELATING TO THE INDENTURE, THE SECURITIES OF ANY SERIES OR THE TRANSACTION CONTEMPLATED HEREBY. 
 Section 12.7. Force Majeure. 
 In no event shall the Trustee be
responsible or liable for any failure or delay in the performance of its obligations hereunder arising out of or caused by, directly or indirectly, forces beyond its control, including, without limitation, strikes, work stoppages, accidents, acts of
war or terrorism, civil or military disturbances, nuclear or natural catastrophes or acts of God, and interruptions, loss or malfunctions of utilities, communications or computer (software and hardware) services; it being understood that the Trustee
shall use reasonable efforts which are consistent with accepted practices in the banking industry to resume performance as soon as practicable under the circumstances. 
 Section 12.8. Patriot Act. 
 The parties hereto acknowledge that
in accordance with Section 326 of the U.S.A. Patriot Act, the Trustee, like all financial institutions and in order to help fight the funding of terrorism and money laundering, is required to obtain, verify and record information that
identifies each person or legal entity that establishes a relationship or opens an account with the Trustee. The parties to this Indenture agree that they will provide the Trustee with such information as it may request in order for the Trustee to
satisfy the requirements of the U.S.A. Patriot Act. 
 Section 12.9. Act of Holders. 

Any request, demand, authorization, direction, notice, consent, waiver or other action provided by this Indenture to be given or taken by
Holders may be embodied in and evidenced by one or more instruments of substantially similar tenor signed by such Holders in person or by agent duly appointed in writing; and, except as herein otherwise expressly provided, such action shall become
effective when such instrument or instruments are delivered to the Trustee and, where it is hereby expressly required, to the Issuers. Such instrument or instruments (and the action embodied therein and evidenced thereby) are herein sometimes
referred to as the “Act” of Holders signing such instrument or instruments. Proof of execution of any such instrument or of a writing appointing any such agent shall be sufficient for any purpose of this Indenture and conclusive in favor
of the Trustee, the Issuers and the Guarantors, if made in the manner provided in this Section 12.9. 
 The fact and
date of the execution by any person of any such instrument or writing may be proved by the affidavit of a witness of such execution or by a certificate of a notary public or other officer authorized by law to take acknowledgments of deeds,
certifying that the individual signing such instrument or writing acknowledged to such officer the execution thereof. Where such execution is by a signer acting in a capacity other than such signer’s individual capacity, such certificate or
affidavit shall also constitute sufficient proof of such signer’s authority. The fact and date of the execution of any such instrument or writing, or the authority of the person executing the same, may also be proved in any other manner which
the Trustee deems sufficient. 

  
 49 

 The ownership of Securities of any Series shall be proved by the Holder list maintained
under Section 2.6 hereunder. 
 Any request, demand, authorization, direction, notice, consent, waiver or other Act
of the Holder of Securities of any Series shall bind every future Holder of the same Securities and the holder of each Securities of any Series issued upon the registration of transfer thereof or in exchange therefor or in lieu thereof in respect of
anything done, omitted or suffered to be done by the Trustee or the Issuers in reliance thereon, whether or not notation of such action is made upon such Securities. 
 If the Issuers shall solicit from the Holders any request, demand, authorization, direction, notice, consent, waiver or other Act, the Issuers may, at their option, by or pursuant to a Board Resolution,
fix in advance a record date for the determination of Holders entitled to give such request, demand, authorization, direction, notice, consent, waiver or other Act, but the Issuers shall have no obligation to do so. If such a record date is fixed,
such request, demand, authorization, direction, notice, consent, waiver or other Act may be given before or after such record date, but only the Holders of record at the close of business on such record date shall be deemed to be Holders for the
purposes of determining whether Holders of the requisite proportion of outstanding Securities of any Series have authorized or agreed or consented to such request, demand, authorization, direction, notice, consent, waiver or other Act, and for that
purpose the outstanding Securities of such Series shall be computed as of such record date; provided that no such authorization, agreement or consent by the Holders on such record date shall be deemed effective unless it shall become effective
pursuant to the provisions of this Indenture not later than six months after the record date. 
 The Depositary, as a Holder,
may appoint agents and otherwise authorize participants to give or take any request, demand, authorization, direction, notice, consent, waiver or other action which a Holder is entitled to give or take under this Indenture. 

[Signature Pages Follow] 

  
 50 

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

					
	RENTECH NITROGEN PARTNERS, L.P., as a co-Issuer
		
	By:	 	 RENTECH NITROGEN GP, LLC,
 its general partner

		
	By:	 	 /s/ D. Hunt Ramsbottom

		 	Name:	 	D. Hunt Ramsbottom
		 	Title:	 	Chief Executive Officer
	
	RENTECH NITROGEN FINANCE CORPORATION, as a co-Issuer
		
	By:	 	 /s/ D. Hunt Ramsbottom

		 	Name:	 	D. Hunt Ramsbottom
		 	Title:	 	Chief Executive Officer
	
	RENTECH NITROGEN, LLC, as a Guarantor
		
	By:	 	RENTECH NITROGEN PARTNERS, L.P., its sole member
		
	By:	 	RENTECH NITROGEN GP, LLC, its general partner
		
	By:	 	 /s/ D. Hunt Ramsbottom

		 	Name:	 	D. Hunt Ramsbottom
		 	Title:	 	Chief Executive Officer

 SIGNATURE PAGE TO INDENTURE 

 
					
	RENTECH NITROGEN PASADENA HOLDINGS, LLC, as a Guarantor
		
	By:	 	RENTECH NITROGEN PARTNERS, L.P., its sole member
		
	By:	 	RENTECH NITROGEN GP, LLC, its general partner
		
	By:	 	 /s/ D. Hunt Ramsbottom

		 	Name:	 	D. Hunt Ramsbottom
		 	Title:	 	Chief Executive Officer
	
	RENTECH NITROGEN PASADENA, LLC, as a Guarantor
		
	By:	 	RENTECH NITROGEN PASADENA HOLDINGS, LLC, its sole member
		
	By:	 	RENTECH NITROGEN PARTNERS, L.P., its sole member
		
	By:	 	RENTECH NITROGEN GP, LLC, its general partner
		
	By:	 	 /s/ D. Hunt Ramsbottom

		 	Name:	 	D. Hunt Ramsbottom
		 	Title:	 	Chief Executive Officer
	
	WELLS FARGO BANK, NATIONAL ASSOCIATION, not in its individual capacity but solely as Trustee
		
	By:	 	 /s/ Michael Q. Tu

		 	Name:	 	Michael Q. Tu
		 	Title:	 	Assistant Vice President

 SIGNATURE PAGE TO INDENTURE 

 EXHIBIT A 
 [FORM OF] 
 NOTATION OF GUARANTEE 

Each Guarantor signing below has fully, unconditionally and absolutely guaranteed, to the extent set forth in the Indenture to which this
notation is affixed and subject to the provisions in such Indenture, the due and punctual payment of the principal of and interest on the Securities to which this notation is affixed and all other amounts due and payable under such Indenture and
such Securities by RENTECH NITROGEN PARTNERS, L.P. and RENTECH NITROGEN FINANCE CORPORATION. 
 The obligations of such
Guarantor to the Holders of such Securities and to the Trustee pursuant to the Guarantee and such Indenture are expressly set forth in Article XII of such Indenture and reference is hereby made to such Indenture for the precise terms of the
Guarantee. 
  

			
	[NAME OF GUARANTORS]
		
	By:	 	  

		 	Name:
		 	Title:EX-4.1

 Exhibit 4.1 
 INTERNATIONAL FLAVORS & FRAGRANCES INC. 
 as Issuer 

and 
 U.S.
BANK NATIONAL ASSOCIATION 
 as Trustee 

 
  

INDENTURE 

Dated as of April 4, 2013 
  

 
 $300,000,000
3.20% Senior Notes due 2023 

 CROSS-REFERENCE TABLE(1) 

 

			
	 Section of Trust Indenture Act of 1939, as amended
	  	 Section of Indenture

		
	 310(a)
	  	7.09
	 310(b)
	  	7.08
		  	7.10
	 311(a)
	  	7.13
	 311(b)
	  	7.13
	 312(a)
	  	5.01
		  	5.02(a)
	 312(b)
	  	5.02(b)
	 312(c)
	  	5.05
	 313(a)
	  	5.04(a)
	 313(b)
	  	5.04(b)
	 313(c)
	  	5.04(a)
		  	5.04(b)
	 313(d)
	  	5.04(c)
	 314(a)
	  	5.03
	 314(b)
	  	Inapplicable
	 314(c)
	  	13.06
		  	13.07
	 314(d)
	  	Inapplicable
	 314(e)
	  	13.06
	 314(f)
	  	Inapplicable
	 315(a)
	  	7.01(a)
		  	7.02
	 315(b)
	  	7.01(b)
	 315(c)
	  	7.01(a)
	 315(d)
	  	7.01(c)
	 315(e)
	  	6.07
	 316(a)
	  	6.06
		  	8.04
	 316(b)
	  	6.04
	 316(c)
	  	8.01
	 317(a)
	  	6.02
	 317(b)
	  	4.03
	 318(a)
	  	13.09
	 Parties
	  	1
	 Recitals
	  	1

  

	(1)	This Cross-Reference Table does not constitute part of the Indenture and shall not have any bearing on the interpretation of any of its terms or provisions.

 TABLE OF CONTENTS 

 

							
	 	    	 	  	Page	 
		
	ARTICLE I	  			
	DEFINITIONS	  			
			
	Section 1.01.	    	 Definitions of Terms
	  	 	1	  
		
	ARTICLE II	  			
	ISSUE, DESCRIPTION, TERMS, EXECUTION, REGISTRATION AND EXCHANGE OF NOTES	  			
			
	Section 2.01.	    	 Designation and Terms of Notes
	  	 	8	  
	Section 2.02.	    	 Form of Notes and Trustee’s Certificate
	  	 	9	  
	Section 2.03.	    	 Denominations; Provisions for Payment
	  	 	10	  
	Section 2.04.	    	 Execution and Authentications
	  	 	11	  
	Section 2.05.	    	 Registration of Transfer and Exchange
	  	 	13	  
	Section 2.06.	    	 Temporary Notes
	  	 	14	  
	Section 2.07.	    	 Mutilated, Destroyed, Lost or Stolen Notes
	  	 	14	  
	Section 2.08.	    	 Cancellation
	  	 	15	  
	Section 2.09.	    	 Benefits of Indenture
	  	 	15	  
	Section 2.10.	    	 Authenticating Agent
	  	 	15	  
	Section 2.11.	    	 Global Notes
	  	 	16	  
	Section 2.12.	    	 CUSIP Numbers
	  	 	17	  
	Section 2.13.	    	 Ranking
	  	 	17	  
		
	ARTICLE III	  			
	REDEMPTION OF NOTES AND SINKING FUND PROVISIONS	  			
			
	Section 3.01.	    	 Redemption
	  	 	18	  
	Section 3.02.	    	 Election to Redeem; Notice of Redemption
	  	 	18	  
	Section 3.03.	    	 Payment Upon Redemption
	  	 	20	  
	Section 3.04.	    	 No Redemption at the Option of Holders; No Sinking Fund
	  	 	20	  
		
	ARTICLE IV	  			
	CERTAIN COVENANTS	  			
			
	Section 4.01.	    	 Payment of Principal, Premium and Interest
	  	 	21	  
	Section 4.02.	    	 Maintenance of Office or Agency
	  	 	21	  
	Section 4.03.	    	 Paying Agents
	  	 	21	  
	Section 4.04.	    	 Appointment to Fill Vacancy in Office of Trustee
	  	 	22	  
	Section 4.05.	    	 Limitations on Liens
	  	 	23	  
	Section 4.06.	    	 Limitations on Sale and Lease-Back Transactions
	  	 	24	  
	Section 4.07.	    	 Offer to Repurchase Upon Change of Control Triggering Event
	  	 	25	  
		
	ARTICLE V	  			
	NOTEHOLDERS’ LISTS AND REPORTS BY THE COMPANY AND THE TRUSTEE	  			
			
	Section 5.01.	    	 Company to Furnish Trustee Names and Addresses of Noteholders
	  	 	26	  
	Section 5.02.	    	 Preservation of Information; Communications With Noteholders
	  	 	26	  
	Section 5.03.	    	 Reports by the Company
	  	 	27	  

  
 -i-

 TABLE OF CONTENTS 

(continued) 
  

							
	 	    	 	  	Page	 
			
	Section 5.04.	    	 Reports by the Trustee
	  	 	27	  
	Section 5.05.	    	 No Accountability by Reason of Disclosure
	  	 	28	  
		
	ARTICLE VI	  			
	REMEDIES OF THE TRUSTEE AND NOTEHOLDERS ON EVENT OF DEFAULT	  			
			
	Section 6.01.	    	 Events of Default
	  	 	28	  
	Section 6.02.	    	 Collection of Indebtedness and Suits for Enforcement by Trustee
	  	 	30	  
	Section 6.03.	    	 Application of Moneys Collected
	  	 	31	  
	Section 6.04.	    	 Limitation on Suits
	  	 	32	  
	Section 6.05.	    	 Rights and Remedies Cumulative; Delay or Omission Not Waiver
	  	 	33	  
	Section 6.06.	    	 Control by Noteholders
	  	 	33	  
	Section 6.07.	    	 Undertaking to Pay Costs
	  	 	34	  
		
	ARTICLE VII	  			
	CONCERNING THE TRUSTEE	  			
			
	Section 7.01.	    	 Certain Duties and Responsibilities of Trustee
	  	 	34	  
	Section 7.02.	    	 Certain Rights of Trustee
	  	 	35	  
	Section 7.03.	    	 Trustee Not Responsible for Recitals, Validity of Notes or Application of Proceeds Thereof
	  	 	37	  
	Section 7.04.	    	 May Hold Notes
	  	 	38	  
	Section 7.05.	    	 Moneys Held in Trust
	  	 	38	  
	Section 7.06.	    	 Compensation and Reimbursement
	  	 	38	  
	Section 7.07.	    	 Reliance on Officers’ Certificate
	  	 	38	  
	Section 7.08.	    	 Disqualification; Conflicting Interests
	  	 	39	  
	Section 7.09.	    	 Corporate Trustee Required; Eligibility
	  	 	39	  
	Section 7.10.	    	 Resignation and Removal; Appointment of Successor
	  	 	39	  
	Section 7.11.	    	 Acceptance of Appointment By Successor
	  	 	41	  
	Section 7.12.	    	 Merger, Conversion, Consolidation or Succession to Business
	  	 	42	  
	Section 7.13.	    	 Preferential Collection of Claims Against the Company
	  	 	42	  
		
	ARTICLE VIII	  			
	CONCERNING THE NOTEHOLDERS	  			
			
	Section 8.01.	    	 Evidence of Action by Noteholders
	  	 	43	  
	Section 8.02.	    	 Proof of Execution by Noteholders
	  	 	43	  
	Section 8.03.	    	 Who May be Deemed Owners
	  	 	43	  
	Section 8.04.	    	 Certain Notes Owned by Company Disregarded
	  	 	44	  
	Section 8.05.	    	 Actions Binding on Future Noteholders
	  	 	44	  
		
	ARTICLE IX	  			
	SUPPLEMENTAL INDENTURES	  			
			
	Section 9.01.	    	 Consent, Waiver or Amendment Without the Consent of Noteholders
	  	 	45	  
	Section 9.02.	    	 Supplemental Indentures With Consent of Noteholders
	  	 	46	  
	Section 9.03.	    	 Effect of Supplemental Indentures
	  	 	47	  
	Section 9.04.	    	 Notes Affected by Supplemental Indentures
	  	 	47	  

  
 -ii-

 TABLE OF CONTENTS 

(continued) 
  

							
	 	    	 	  	Page	 
			
	Section 9.05.	    	 Conformity with Trust Indenture Act
	  	 	47	  
	Section 9.06.	    	 Execution of Supplemental Indentures
	  	 	48	  
		
	ARTICLE X	  			
	SUCCESSOR CORPORATION	  			
			
	Section 10.01.	    	 Company May Consolidate, Etc
	  	 	48	  
	Section 10.02.	    	 Successor Corporation Substituted
	  	 	49	  
	Section 10.03.	    	 Evidence of Consolidation, Etc. to Trustee
	  	 	49	  
		
	ARTICLE XI	  			
	SATISFACTION AND DISCHARGE AND DEFEASANCE	  			
			
	Section 11.01.	    	 Satisfaction and Discharge of Indenture
	  	 	49	  
	Section 11.02.	    	 Defeasance and Covenant Defeasance
	  	 	50	  
	Section 11.03.	    	 Deposited Moneys to be Held in Trust
	  	 	52	  
	Section 11.04.	    	 Payment of Moneys Held by Paying Agents
	  	 	52	  
	Section 11.05.	    	 Repayment to Company
	  	 	53	  
	Section 11.06.	    	 Reinstatement
	  	 	53	  
	Section 11.07.	    	 Other Coin or Currency Units
	  	 	53	  
		
	ARTICLE XII	  			
	IMMUNITY OF INCORPORATORS, STOCKHOLDERS, OFFICERS AND DIRECTORS	  			
			
	Section 12.01.	    	 No Recourse
	  	 	53	  
		
	ARTICLE XIII	  			
	MISCELLANEOUS PROVISIONS	  			
			
	Section 13.01.	    	 Effect on Successors and Assigns
	  	 	54	  
	Section 13.02.	    	 Actions by Successor
	  	 	54	  
	Section 13.03.	    	 Notices
	  	 	54	  
	Section 13.04.	    	 Governing Law
	  	 	55	  
	Section 13.05.	    	 Treatment of Notes as Debt
	  	 	55	  
	Section 13.06.	    	 Compliance Certificates and Opinions
	  	 	55	  
	Section 13.07.	    	 Form of Documents Delivered to Trustee
	  	 	56	  
	Section 13.08.	    	 Payments on Business Days
	  	 	57	  
	Section 13.09.	    	 Conflict with Trust Indenture Act
	  	 	57	  
	Section 13.10.	    	 Effect of Headings and Table of Contents
	  	 	57	  
	Section 13.11.	    	 Counterparts
	  	 	57	  
	Section 13.12.	    	 Separability
	  	 	57	  
	Section 13.13.	    	 Assignment
	  	 	57	  
	Section 13.14.	    	 WAIVER OF JURY BY TRIAL
	  	 	58	  

  
 -iii-

 INDENTURE, dated as of April 4, 2013, among International Flavors & Fragrances
Inc., a New York corporation (the “Company”), and U.S. Bank National Association, as trustee (the “Trustee”): 
 WHEREAS, for its lawful corporate purposes, the Company has duly authorized the execution and delivery of this Indenture to provide for the issuance of $300,000,000 aggregate principal amount of 3.20%
Senior Notes due 2023 (hereinafter referred to as the “Notes”), as registered Notes without coupons, to be authenticated by the certificate of the Trustee; 
 WHEREAS, to provide the terms and conditions upon which the Notes are to be authenticated, issued and delivered, the Company has duly authorized the execution of this Indenture; and 

WHEREAS, all things necessary to make this Indenture a valid agreement of the Company, in accordance with its terms, have been done.

 NOW, THEREFORE, in consideration of the premises and the purchase of the Notes by the holders thereof, it is mutually
covenanted and agreed as follows for the equal and ratable benefit of the holders of Notes: 
 ARTICLE I 

DEFINITIONS 
 SECTION 1.01. Definitions of Terms. 
 The terms defined in this
Section (except as in this Indenture otherwise expressly provided or unless the context otherwise requires) for all purposes of this Indenture and of any indenture supplemental hereto shall have the respective meanings specified in this Section and
shall include the plural as well as the singular. All other terms used in this Indenture that are defined in the Trust Indenture Act of 1939, as amended, or that are by reference in the Trust Indenture Act defined in the Securities Act of 1933, as
amended (except as herein otherwise expressly provided or unless the context otherwise requires), shall have the meanings assigned to such terms in the Trust Indenture Act and in the Securities Act, as applicable. 

“Additional Notes” has the meaning set forth in Section 2.01(b). 

“Affiliate” or “Affiliated” means, with respect to a specified Person, 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. 
 “Attributable Debt” has the meaning set forth in Section 4.06(c). 

 “Authenticating Agent” means an authenticating agent with respect to the
Notes appointed with respect to the Notes by the Trustee pursuant to Section 2.10. 
 “Bankruptcy Law”
means Title 11, U.S. Code, or any similar federal or state law for the relief of debtors. 
 “Board of
Directors” means the Board of Directors of the Company or any committee of such Board duly authorized to act generally or in a particular respect for the Company hereunder. 

“Board Resolution” means a copy of a resolution certified by the Secretary or an Assistant Secretary of the Company to
have been duly adopted by the Board of Directors and to be in full force and effect on the date of such certification. 

“Business Day” means, with respect to the Notes, any day other than a day on which Federal or State banking institutions
in the Borough of Manhattan, The City of New York, are authorized or obligated by law, executive order or regulation to close. 

“Capital Stock” of any Person means any and all shares, interests, rights to purchase, warrants, options, participations
or other equivalents of or interests in (however designated) equity of such Person, including any preferred stock and limited liability or partnership interests (whether general or limited), but excluding any debt securities convertible into such
equity. 
 “Change of Control” means the occurrence of any of the following: (1) the direct or indirect
sale, lease, transfer, conveyance or other disposition (other than by way of merger or consolidation), in one or a series of related transactions, of all or substantially all of our properties or assets and of our subsidiaries’ properties or
assets taken as a whole to any “person” (as that term is used in Section 13(d)(3) and Section 14(d)(2) of the Exchange Act) other than us or one of our subsidiaries; (2) the adoption of a plan relating to our liquidation or
dissolution; (3) the consummation of any transaction (including, without limitation, any merger or consolidation), the result of which is that any “person” (as defined in clause (1) above) becomes the beneficial owner (as defined
in Rule 13d-3 and Rule 13d-5 under the Exchange Act), directly or indirectly, of more than 50% of our then outstanding Voting Stock (measured by voting power rather than number of shares); (4) the first day on which a majority of the members of
our board of directors are not Continuing Directors; or (5) we consolidate with, or merge with or into, any Person, or any Person consolidates with, or merges with or into, us, in any such event pursuant to a transaction in which any of our
outstanding Voting Stock or Voting Stock of such other Person is converted into or exchanged for cash, securities or other property, other than any such transaction where the shares of our Voting Stock outstanding immediately prior to such
transaction constitute, or are converted into or exchanged for, a majority of the Voting Stock of the surviving Person immediately after giving effect to such transaction. 
 “Change of Control Triggering Event” means the occurrence of both (1) a Change of Control and (2) a Ratings Event. Notwithstanding the foregoing, no Change of Control Triggering
Event will be deemed to have occurred in connection with any particular Change of Control unless and until such Change of Control has actually been completed. 

  
 2 

 “Clearstream” means Clearstream Banking, société anonyme.

 “Commission” means the U.S. Securities and Exchange Commission, as from time to time constituted, created
under the Securities Exchange Act of 1934, or, if at any time after the execution of this instrument such Commission is not existing and performing the duties now assigned to it under applicable law, then the body performing such duties at such
time. 
 “Company” means International Flavors & Fragrances Inc., a corporation duly organized and
existing under the laws of the State of New York, and, subject to the provisions of Article X, shall also include its successors and assigns. 
 “Comparable Treasury Issue” means the U.S. Treasury security selected by the Reference Treasury Dealer as having a maturity comparable to the remaining term of the Notes to be redeemed
that would be utilized, at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities of comparable maturity to the remaining term of the Notes. 

“Comparable Treasury Price” means, with respect to any Redemption Date, (1) the average of the Reference Treasury
Dealer Quotations for the Redemption Date, after excluding the highest and lowest such Reference Treasury Dealer Quotations or (2) if the Quotation Agent obtains fewer than four Reference Treasury Dealer Quotations, the average of all these
quotations. 
 “Consolidated Net Tangible Assets” as used herein means, as of any particular time, the total of
all the assets appearing on the most recent consolidated balance sheet of the Company and the Subsidiaries (less applicable reserves and other properly deductible items) after deducting therefrom: (i) all current liabilities, including current
maturities of long-term debt and of obligations under capital leases; and (ii) the total of the net book values of all assets of the Company and the Subsidiaries properly classified as intangible assets under U.S. generally accepted accounting
principles (including goodwill, trade names, trademarks, patents, unamortized debt discount and expense and other like intangible assets). 
 “Continuing Director” means, as of any date of determination, any member of our board of directors who (1) was a member of our board of directors on the date of the issuance of the
notes; or (2) was elected to our board of directors, nominated for election, or whose nomination was approved, in each case, by a majority of the Continuing Directors who were members of our board of directors at the time of such nomination or
election. 
 “Corporate Trust Office” means the office of the Trustee at which, at any particular time, its
corporate trust business shall be principally administered, which office at the date hereof is located at 100 Wall Street, Suite 1600, New York, New York 10005. 
 “Custodian” means any receiver, trustee, assignee, liquidator, or similar official under any Bankruptcy Law. 
 “Debt” has the meaning set forth in Section 4.05(a). 

  
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 “Default” means any event, act or condition that with notice or lapse of
time, or both, would constitute an Event of Default. 
 “Depositary” means, with respect to the Notes issuable
or issued in whole or in part in as a Global Note, the Person specified in Section 2.02(a) hereof as the Depositary with respect to the Notes, and any successor thereto registered as a clearing agency under the Securities Exchange Act of 1934,
as amended (the “Exchange Act”), or other applicable statute or regulation, appointed as Depositary hereunder and having become such pursuant to the applicable provision of this Indenture. 

“DTC” has the meaning set forth in Section 2.02(a). 

“Euroclear” means Euroclear Bank S.A./N.V., as operator of the Euroclear System. 

“Event of Default” means, with respect to the Notes, any event specified in Section 6.01, continued for the period
of time, if any, therein designated. 
 “Global Note” means Notes issued in global form in accordance with
Section 2.11. 
 “Governmental Obligations” means securities that are (i) direct obligations of the
United States of America for the payment of which its full faith and credit is pledged or (ii) obligations of a Person controlled or supervised by and acting as an agency or instrumentality of the United States of America, the payment of which
is unconditionally guaranteed as a full faith and credit obligation by the United States of America that, in either case, are not callable or redeemable at the option of the issuer thereof, and shall also include a depositary receipt issued by a
bank (as defined in Section 3(a)(2) of the Securities Act of 1933, as amended) as custodian with respect to any such Governmental Obligation or a specific payment of principal of or interest on any such Governmental Obligation held by such
custodian for the account of the holder of such depositary receipt; provided, however, that (except as required by law) such custodian is not authorized to make any deduction from the amount payable to the holder of such depositary
receipt from any amount received by the custodian in respect of the Governmental Obligation or the specific payment of principal of or interest on the Governmental Obligation evidenced by such depositary receipt. 

“herein,” “hereof” and “hereunder,” and other words of similar import, refer to this
Indenture as a whole and not to any particular Article, Section or other subdivision. 
 “Identifying Numbers”
has the meaning set forth in Section 2.12. 
 “Indenture” means this instrument as it may from time to
time be supplemented or amended by one or more indentures supplemental hereto entered into in accordance with the terms hereof. 

“Interest Payment Date” has the meaning set forth in Section 2.03(a). 

  
 4 

 “Investment Grade” means a rating equal to or higher than Baa3 (or the
equivalent) by Moody’s and BBB- (or the equivalent) by S&P, or, if applicable, the equivalent investment grade credit rating from any substitute Rating Agency selected by the Company. 

“Lien” has the meaning set forth in Section 4.05(a). 

“Maturity Date” has the meaning set forth in Section 2.03(a). 

“Moody’s” means Moody’s Investors Service, Inc. 

“Notes” has the meaning set forth in the recitals. 

“Noteholder,” “holder,” “holder of Notes,” “registered holder,” or
other similar term, means the Person or Persons in whose name or names a particular Note shall be registered on the books of the Company kept for that purpose in accordance with the terms of this Indenture. 

“Note Register” and “Note Registrar” have the meanings set forth in Section 2.05. 

“Officers’ Certificate” means a certificate signed by the Chairman of the Board of Directors, Chief Executive
Officer, President or a Vice President and by the Treasurer or an Assistant Treasurer, or the Controller or an Assistant Controller, or the Secretary or an Assistant Secretary of the Company that is delivered to the Trustee in accordance with the
terms hereof. Each such certificate shall include the statements provided for in Section 13.06, if and to the extent required by the provisions thereof. 
 “Opinion of Counsel” means an opinion in writing of legal counsel, who may be an employee of or counsel for the Company, that is delivered to the Trustee in accordance with the terms
hereof. Such opinion shall include the statements provided for in Section 13.06, if and to the extent required by the provisions thereof. 
 “Outstanding,” when used with reference to the Notes, means, subject to the provisions of Section 8.04, as of any particular time, all Notes theretofore authenticated and delivered
by the Trustee under this Indenture, except: 
 (i) Notes theretofore canceled by the Trustee or any paying
agent, or delivered to the Trustee or any paying agent for cancellation; 
 (ii) Notes or portions thereof for
the payment or redemption of which moneys or Governmental Obligations in the necessary amount shall have been deposited pursuant hereto in trust with the Trustee or with any paying agent (other than the Company) or shall have been set aside and
segregated in trust by the Company (if the Company shall act as its own paying agent) for the holders of such Notes; provided, however, that if such Notes or portions of such Notes are to be redeemed prior to the maturity thereof,
notice of such redemption shall have been given as provided in Article III, or provision satisfactory to the Trustee shall have been made for giving such notice; and 

(iii) Notes in lieu of or in substitution for which other Notes shall have been authenticated and delivered pursuant to
the terms of Section 2.07; 

  
 5 

 provided, however, that in determining whether the holders of the requisite
principal amount of the Outstanding Notes have given any request, demand, authorization, direction, notice, consent or waiver hereunder or are present at a meeting of Noteholders for quorum purposes, any Notes owned by the Company or any other
obligor upon the Notes or any Affiliate of the Company or such other obligor shall be disregarded and deemed not to be Outstanding, except that, in determining whether the Trustee for such Notes shall be protected in relying upon any such request,
demand, authorization, direction, notice, consent or waiver, only the Notes which a Responsible Officer of such Trustee actually knows to be so owned shall be so disregarded. Any Notes so owned which have been pledged in good faith may be regarded
as Outstanding if the pledgee establishes to the satisfaction of such Trustee that the pledgee has the right so to act with respect to such Notes and is not the Company or any other obligor upon the Notes or any Affiliate of the Company or of such
other obligor. 
 “Participant” means, with respect to the Depositary, Euroclear or Clearstream, a Person who
has an account with the Depositary, Euroclear or Clearstream, respectively (and, with respect to DTC, shall include Euroclear or Clearstream). 
 “Person” means any individual, corporation, partnership, limited liability company, joint venture, joint-stock company, unincorporated organization or government or any agency or
political subdivision thereof. 
 “Principal Property” means the land, improvements, building and fixtures
(including any leasehold interest thereof) constituting the principal corporate office, any manufacturing plant or any manufacturing or research or engineering facility (whether owned at or acquired after the date of the Indenture) that is owned or
leased by the Company or a Restricted Subsidiary, which is located within the continental United States and has a net book value at the time of the determination in excess of the greater of 10% of Consolidated Net Tangible Assets or $50 million,
unless the Board of Directors has determined in good faith that such office, plant or facility is not of material importance to the total business conducted by the Company and the Subsidiaries taken as a whole, provided, however, that
the Company’s corporate office located at 521 West 57th Street, New York, New York 10019-2960 shall not be deemed a Principal Property. 
 “Quotation Agent” means the Reference Treasury Dealer selected by the Company. 
 “Rating Agencies” means (1) each of Moody’s and S&P; and (2) if either of Moody’s or S&P ceases to rate the notes or fails to make a rating of the notes
publicly available for reasons outside of our control, a “nationally recognized statistical rating organization” within the meaning of Rule 15c3-1(c)(2)(vi)(F) under the Exchange Act, selected by us (as certified by a resolution of our
board of directors) as a replacement agency for Moody’s or S&P, or both as the case may be. 

  
 6 

 “Ratings Event” means the occurrence of the events described in (1) or
(2) below on any date during the period commencing 60 days prior to the date of the public notice of the occurrence of a Change of Control or the Company’s intention to effect a Change of Control and ending 60 days following consummation
of such Change of Control (the “Trigger Period”), which Trigger Period shall be extended so long as the rating of the Notes is under publicly announced consideration for possible downgrade by either of the Rating Agencies:
(1) in the event the Notes are rated by both Rating Agencies as Investment Grade, the rating of the Notes shall be reduced so that the Notes are rated below Investment Grade by both Rating Agencies, or (2) in the event the Notes are rated
Investment Grade by one Rating Agency and below Investment Grade by the other Rating Agency, the rating of the Notes by either Rating Agency shall be decreased by one or more gradations (including gradations within rating categories, as well as
between rating categories) so that the Notes are then rated below Investment Grade by both Rating Agencies. 

“Redemption Date” has the meaning set forth in Section 3.02(b). 

“Reference Treasury Dealer Quotation” means, with respect to each Reference Treasury Dealer and any Redemption Date, the
average, as determined by the Quotation Agent, of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as a percentage of its principal amount) quoted in writing to the Quotation Agent by such Reference Treasury Dealer
at 5:00 p.m. (New York City time) on the third Business Day preceding the Redemption Date. 
 “Reference Treasury
Dealer” means (1) each of Morgan Stanley & Co. LLC and J.P. Morgan Securities LLC (or their respective affiliates which are Primary Treasury Dealers (as defined below)), and their respective successors; provided,
however, that if any of the foregoing shall cease to be a primary U.S. Government securities dealer in New York City (a “Primary Treasury Dealer”), the Company will substitute therefor another Primary Treasury Dealer; and
(2) any other Primary Treasury Dealer(s) selected by the Company. 
 “Registrar” has the meaning set forth
in Section 2.05(b). 
 “Regular Record Date” has the meaning set forth in Section 2.01(c).

 “Responsible Officer” when used with respect to the Trustee means any officer of the Trustee with direct
responsibility for the administration of this Indenture or to whom any corporate trust matter is referred because of his or her knowledge of and familiarity with the particular subject. 

“Restricted Subsidiary” means any Subsidiary (i) substantially all of whose property is located within the
continental United States, (ii) which owns a Principal Property and (iii) in which the Company’s investment exceeds 1% of the aggregate amount of assets included on a consolidated balance sheet of the Company and its Subsidiaries as
of the end of the last fiscal quarter for which financial information is available. However, the term “Restricted Subsidiary” shall exclude any Subsidiary that is principally engaged in the leasing and financing of real property.

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

  
 7 

 “Sale and Lease-Back Transaction” has the meaning set forth in
Section 4.06(b). 
 “Securities” means the Notes authenticated and delivered under this Indenture.

 “Securities Act” means the Securities Act of 1933, as amended. 

“Special Record Date” has the meaning set forth in Section 2.03(d). 

“Subsidiary” means (i) any corporation at least a majority of whose outstanding Voting Stock shall at the time be
owned, directly or indirectly, by the Company or by one or more of its Subsidiaries or by the Company and one or more of its Subsidiaries, (ii) any general partnership, limited liability company, joint venture or similar entity, at least a
majority of whose outstanding partnership or similar interests shall at the time be owned by the Company, or by one or more of its Subsidiaries, or by the Company and one or more of its Subsidiaries and (iii) any limited partnership of which
the Company or any of its Subsidiaries is a general partner. 
 “Transfer” of any Note encompasses any sale,
pledge, transfer, hypothecation or other disposition or any interest therein. 
 “Treasury Rate” means, with
respect to any Redemption Date, the rate per annum equal to the equivalent yield to maturity of the Comparable Treasury Issue, assuming a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the
Comparable Treasury Price for that Redemption Date. 
 “Trustee” means U.S. Bank National Association and,
subject to the provisions of Article VII, shall also include its successors and assigns, and, if at any time there is more than one Person acting in such capacity hereunder, “Trustee” shall mean each such Person. 

“Trust Indenture Act” means the Trust Indenture Act of 1939, as amended. 

“Voting Stock,” as applied to stock of any Person, means shares, interests, participations or other equivalents in the
equity interest (however designated) in such Person having ordinary voting power for the election of a majority of the directors (or the equivalent) of such Person, other than shares, interests, participations or other equivalents having such power
only by reason of the occurrence of a contingency. 
 ARTICLE II 

ISSUE, DESCRIPTION, TERMS, EXECUTION, REGISTRATION AND EXCHANGE OF NOTES 

SECTION 2.01. Designation and Terms of Notes. 
 (a) The Company hereby creates one series of securities designated “3.20% Senior Notes due 2023” issued pursuant to this Indenture. 

  
 8 

 (b) The aggregate principal amount of Notes that may be authenticated and delivered under
this Indenture is unlimited. The Notes shall be issued initially in an aggregate principal amount of $300,000,000. 
 The
Company may, from time to time, without the consent of the holders of the Notes and in accordance with this Indenture, create and issue additional Notes ranking equally and ratably with, having the same terms and conditions as, the Notes in all
respects (other than the original issuance date, the issue price and, under certain circumstances, the first payment of interest) (“Additional Notes”) so as to form a single series with the Notes, including for purposes of voting
and redemptions, provided that any such further securities shall be fungible with the Notes for U.S. federal income tax purposes. Any Additional Notes may be issued with the benefit of an indenture supplemental to this Indenture. 

(c) The Notes will mature on May 1, 2023 (the “Maturity Date”) and will bear interest at the rate of 3.20% per
annum. Interest shall be calculated on the basis of a 360-day year comprised of twelve 30-day months. The Company will pay interest on the Notes semi-annually in arrears on May 1 and November 1 of each year (each such date, an
“Interest Payment Date”), beginning on April 4, 2013, to the holders of record (which initially shall be DTC) at the close of business on the April 15 or October 15 (whether or not that date is a Business Day), as the
case may be, immediately preceding such Interest Payment Date (each such date, a “Regular Record Date”) and on the Maturity Date. Interest on the Notes shall accrue from the most recent date to which interest has been paid or, if no
interest has been paid, from the date of issuance. Payments of the principal of and interest on the Notes shall be made in U.S. Dollars, and the Notes shall be denominated in U.S. Dollars. 

(d) Prior to the initial issuance of the Notes, there shall be established in or pursuant to a Board Resolution of the Company, and set
forth in an Officers’ Certificate of the Company the terms of the Notes. 
 SECTION 2.02. Form of Notes and
Trustee’s Certificate. 
 (a) The Notes are to be issuable as registered securities and shall be evidenced by one or
more Global Notes. The Notes shall be in substantially the form of Exhibit A hereto (unless otherwise set forth in one or more indentures supplemental hereto or as provided in a Board Resolution of the Company and as set forth in an
Officers’ Certificate of the Company), with such appropriate insertions, omissions, substitutions and other variations as are required or permitted by this Indenture or any indenture supplemental hereto and may have such letters, numbers or
other marks of identification and such legends or endorsements (in addition to any required in accordance with Section 2.11) placed thereon as the Company may reasonably deem appropriate and as are not inconsistent with the provisions of this
Indenture, or as may be required to comply with any law, with any rule or regulation made pursuant thereto, with any rules of any securities exchange, automated quotation system or clearing agency or to conform to usage, as may, consistently
herewith, be determined by the officers executing such Notes, as evidenced by their execution of such Notes. 

  
 9 

 The Company initially appoints The Depository Trust Company (“DTC”) to act
as Depositary with respect to the Global Notes. The Company initially appoints the Trustee as custodian for DTC. 
 (b) The
Notes in definitive form shall be printed, lithographed or engraved or produced by any combination of these methods or may be produced in any other manner, all as determined by the officer executing such Notes, as evidenced by their execution
thereof. 
 (c) The terms and provisions contained in the Notes shall constitute, and are hereby expressly made, a part of this
Indenture, and the Company and the Trustee, by their execution and delivery of this Indenture, expressly agree to such terms and provisions and to be bound hereby; provided, however, that to the extent any provision of any Note thereon
conflicts with the express provisions of this Indenture, the provisions of this Indenture shall govern and be controlling. 

(d) The Trustee’s certificates of authentication shall be in substantially the following form: 

“This is one of the Notes designated therein described in the within-mentioned Indenture. 

 

			
	U.S. Bank National Association,
	as Trustee
		
	By:	 	  

		 	Authorized Signatory”

 SECTION 2.03. Denominations; Provisions for Payment. 

(a) The Notes shall be issuable as registered securities in minimum denominations of $2,000 and integral multiples of $1,000 in excess
thereof. 
 (b) The place of payment where the Notes may be presented or surrendered for payment, where the principal of and
interest and any other payments due on the Notes are payable, where the Notes may be presented and surrendered for registration of transfer or exchange and where notices and demands to and upon the Company in respect of the and the Indenture may be
served shall be in the Borough of Manhattan, The City of New York, and the office or agency maintained by the Company for such purpose shall initially be the Corporate Trust Office of the Trustee. 

(c) The interest installment on any Note that is payable, and is punctually paid or duly provided for, on any Interest Payment Date for
the Notes shall be paid to the Person in whose name such Note is registered at the close of business on the Regular Record Date for such interest installment. In the event that any Note is called for redemption and the Redemption Date is subsequent
to a Regular Record Date with respect to any Interest Payment Date and prior to such Interest Payment Date, interest on such Note will be paid upon presentation and surrender of such Note as provided in Section 3.03. 

  
 10 

 (d) Any interest on any Note that is payable, but is not punctually paid or duly provided
for, on any Interest Payment Date for the Notes (herein called “Defaulted Interest”) shall forthwith cease to be payable to the registered holder on the relevant Regular Record Date by virtue of having been such holder, and such
Defaulted Interest shall be paid by the Company, at its election, as provided in clause (1) or clause (2) below: 
 (1) The Company may make payment of any Defaulted Interest on Notes to the Persons in whose names such Notes (or their respective Predecessor Notes) are registered at the close of business on a special
record date (“Special Record Date”) for the payment of such Defaulted Interest, which shall be fixed in the following manner: the Company shall notify the Trustee in writing of the amount of Defaulted Interest proposed to be paid on
each such Note and the date of the proposed payment, and at the same time the Company shall deposit with the Trustee an amount of money equal to the aggregate amount proposed to be paid in respect of such Defaulted Interest or shall make
arrangements satisfactory to the Trustee for such deposit prior to the date of the proposed payment, such money when deposited to be held in trust for the benefit of the Persons entitled to such Defaulted Interest as in this clause provided.
Thereupon the Trustee shall fix a special record date for the payment of such Defaulted Interest which shall not be more than 15 nor less than 10 days prior to the date of the proposed payment and not less than 10 days after the receipt by the
Trustee of the notice of the proposed payment. The Trustee shall promptly notify the Company of such special record date and, in the name and at the expense of the Company, shall cause notice of the proposed payment of such Defaulted Interest and
the special record date therefor to be mailed, first class postage prepaid, to each Noteholder at his or her address as it appears in the Note Register (as hereinafter defined), 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 mailed as aforesaid, such Defaulted Interest shall be paid to the Persons in whose names such Notes (or their respective Predecessor Notes) are registered
on such special record date and shall be no longer payable pursuant to the following clause (2). 
 (2) The
Company may make payment of any Defaulted Interest on any Notes in any other lawful manner not inconsistent with the requirements of any securities exchange on which such Notes may be listed, and upon such notice as may be required by such exchange,
if, after notice given by the Company to the Trustee of the proposed payment pursuant to this clause, such manner of payment shall be deemed practicable by the Trustee. 
 (e) Subject to the foregoing provisions of this Section, each Note delivered under this Indenture upon transfer of or in exchange for or in lieu of any other Note shall carry the rights to interest
accrued and unpaid, and to accrue, that were carried by such other Note. 
 SECTION 2.04. Execution and
Authentications. 
 (a) The Notes shall be signed on behalf of the Company by its Chairman of the Board of Directors, Chief
Executive Officer, President or one of its Vice Presidents, under its 

  
 11 

 
corporate seal which may, but need not be, attested by its Secretary or one of its Assistant Secretaries. Such signatures may be the manual or facsimile signatures of the present or any future
such officers. 
 In case any such officer who shall have signed any of the Notes shall cease to be such officer before the Note
so signed shall be authenticated and delivered by the Trustee or disposed of by the Company, such Note nevertheless may be authenticated and delivered or disposed of as though the Person who signed such Note had not ceased to be such officer of the
Company; and any Note may be signed on behalf of the Company by such Person as, at the actual date of the execution of such Note, shall be a proper officer of the Company, although at the date of the execution and delivery of this Indenture any such
Person was not such an officer. The seal of the Company may be in the form of a facsimile of such seal and may be impressed, affixed, imprinted or otherwise reproduced on the Notes. The Notes may contain such notations, legends or endorsements
required by law, stock exchange rule or usage. Each Note shall be dated the date of its authentication by the Trustee. 
 (b) A
Note shall not be valid until authenticated manually by an authorized signatory of the Trustee, or by an Authenticating Agent. Such signature shall be conclusive evidence that the Note so authenticated has been duly authenticated and delivered
hereunder and that the holder thereof is entitled to the benefits of this Indenture. 
 (c) At any time and from time to time
after the execution and delivery of this Indenture, the Company may deliver Notes executed by the Company to the Trustee for authentication, together with a written order of the Company for the authentication and delivery of such Notes, signed by
its Chairman of the Board of Directors, Chief Executive Officer, President or any Vice President and its Treasurer or any Assistant Treasurer, or its Controller or any Assistant Controller or its Secretary or any Assistant Secretary, and the Trustee
in accordance with such written order shall authenticate and deliver such Notes. 
 (d) If the Notes shall be represented by one
or more permanent Global Notes, then, for purposes of this Section and Section 2.06, the notation of a beneficial owner’s interest therein upon original issuance of such Global Note or upon exchange of a portion of a temporary Global Note
shall be deemed to have been delivered in connection with the original issuance of such beneficial owner’s interest in such permanent Global Note. 
 (e) In authenticating such Notes and accepting the additional responsibilities under this Indenture in relation to such Notes, the Trustee shall be provided, and (subject to Section 7.01) shall be
fully protected in relying upon, an Officers’ Certificate and an Opinion of Counsel each stating that the form and terms thereof have been established in conformity with the provisions of this Indenture. 

(f) The Trustee shall not be required to authenticate such Notes if the issue of such Notes pursuant to this Indenture will affect the
Trustee’s own rights, duties or immunities under the Notes and this Indenture or otherwise in a manner that is not reasonably acceptable to the Trustee. 

  
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 SECTION 2.05. Registration of Transfer and Exchange. 

(a) The Notes may be exchanged upon presentation thereof at the office or agency of the Company designated for such purpose in the
Borough of Manhattan, the City and State of New York, for other Notes of authorized denominations, and for a like aggregate principal amount, upon payment of a sum sufficient to cover any tax or other governmental charge in relation thereto, all as
provided in this Section. In respect of any Notes so surrendered for exchange, the Company shall execute, the Trustee shall authenticate and such office or agency shall deliver in exchange therefor the Note or Notes that the Noteholder making the
exchange shall be entitled to receive, bearing numbers not contemporaneously outstanding. 
 (b) The Company designates the
Corporate Trust Office of the Trustee as the location where it shall keep, or cause to be kept, a register or registers (herein referred to as the “Note Register”) in which, subject to such reasonable regulations as it may
prescribe, the Company shall register the Notes and the transfers of Notes as in this Article provided and which at all reasonable times shall be open for inspection by the Trustee. The registrar for the purpose of registering Notes and transfer of
Notes as herein provided shall initially be the Trustee (the “Registrar”). 
 Upon surrender for transfer of
any Note at the Corporate Trust Office of the Trustee, the Company shall execute, the Trustee shall authenticate and the Trustee’s office shall deliver in the name of the transferee or transferees a new Note or Notes for a like aggregate
principal amount. 
 All Notes presented or surrendered for exchange or registration of transfer, as provided in this Section,
shall be accompanied (if so required by the Company or the Registrar) by a written instrument or instruments of transfer, in form satisfactory to the Company or the Registrar, duly executed by the registered holder or by such holder’s duly
authorized attorney in writing. 
 (c) No service charge shall be made for any exchange or registration of transfer of Notes, or
issue of new Notes in case of partial redemption, but the Company and the Trustee may require payment of a sum sufficient to cover any tax or other governmental charge in relation thereto, other than exchanges pursuant to Section 2.06, the
second paragraph of Section 3.03 and Section 9.04 not involving any transfer. 
 (d) The Company shall not be required
(i) to issue, exchange or register the transfer of any Notes during a period beginning at the opening of business 15 days before the day of the mailing of a notice of redemption of less than all the Outstanding Notes and ending at the close of
business on the day of such mailing, nor (ii) to register the transfer or exchange of any Notes called for redemption. 

(e) The provisions of this Section 2.05 are, with respect to any Global Note, subject to Section 2.11 hereof. 

  
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 SECTION 2.06. Temporary Notes. 

Pending the preparation of definitive Notes, the Company may execute, and the Trustee shall authenticate and deliver, temporary Notes in
lieu thereof (printed, lithographed or typewritten) in any authorized denomination. Such temporary Notes shall be substantially in the form of the definitive Notes in lieu of which they are issued, but with such omissions, insertions and variations
as may be appropriate for temporary Notes, all as may be determined by the Company. Every temporary Note shall be executed by the Company and be authenticated by the Trustee upon the same conditions and in substantially the same manner, and with
like effect, as the definitive Notes. Without unnecessary delay, the Company will execute and will furnish definitive Notes and thereupon any or all temporary Notes may be surrendered in exchange therefor (without charge to the Noteholders), at the
Corporate Trust Office of the Trustee, and the Trustee shall authenticate and such office or agency shall deliver in exchange for such temporary Notes an equal aggregate principal amount of definitive Notes, unless the Company advises the Trustee to
the effect that definitive Notes need not be executed and furnished until further notice from the Company. Until so exchanged, the temporary Notes shall be entitled to the same benefits under this Indenture as definitive Notes authenticated and
delivered hereunder. 
 SECTION 2.07. Mutilated, Destroyed, Lost or Stolen Notes. 

(a) In case any temporary or definitive Note shall become mutilated or be destroyed, lost or stolen, the Company (subject to the next
succeeding sentence) shall execute, and upon the Company’s request the Trustee (subject as aforesaid) shall authenticate and deliver, a new Note, bearing a number not contemporaneously outstanding, in exchange and substitution for the mutilated
Note, or in lieu of and in substitution for the Note so destroyed, lost or stolen. In every case the applicant for a substituted Note shall furnish to the Company and the Trustee such security or indemnity as may be required by them to save each of
them harmless, and, in every case of destruction, loss or theft, the applicant shall also furnish to the Company and the Trustee evidence to their satisfaction of the destruction, loss or theft of the applicant’s Note and of the ownership
thereof. The Trustee shall authenticate any such substituted Note and deliver the same upon the written request or authorization of any officer of the Company. Upon the issuance of any substituted Note, the Company may require the payment of a sum
sufficient to cover any tax or other governmental charge that may be imposed in relation thereto and any other expenses (including the fees and expenses of the Trustee) connected therewith. In case any Note that has matured or is about to mature
shall become mutilated or be destroyed, lost or stolen, the Company may, instead of issuing a substitute Note, pay or authorize the payment of the same (without surrender thereof except in the case of a mutilated Note) if the applicant for such
payment shall furnish to the Company and the Trustee such security or indemnity as they may require to save them harmless, and, in case of destruction, loss or theft, evidence to the satisfaction of the Company and the Trustee of the destruction,
loss or theft of such Note and of the ownership thereof. 
 (b) Every replacement Note issued pursuant to the provisions of this
Section shall constitute an additional contractual obligation of the Company whether or not the mutilated, destroyed, lost or stolen Note shall be found at any time, or be enforceable by anyone, and shall be entitled to all the benefits of this
Indenture equally and proportionately with any and all other Notes duly issued hereunder. All Notes shall be held and owned upon the express condition that 

  
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the foregoing provisions are exclusive with respect to the replacement or payment of mutilated, destroyed, lost or stolen Notes, and shall preclude (to the extent lawful) 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 2.08. Cancellation. 
 Notes surrendered for the purpose of payment, redemption, exchange or registration of transfer shall, if surrendered to the Company or any paying agent, be delivered to the Trustee for cancellation, or,
if surrendered to the Trustee, shall be cancelled by it, and no Notes shall be issued in lieu thereof except as expressly required or permitted by any of the provisions of this Indenture. On the written request of the Company at the time of such
surrender, the Trustee shall deliver to the Company canceled Notes held by the Trustee. In the absence of such request the Trustee may dispose of canceled Notes in accordance with its standard procedures and, upon written request of the Company,
deliver a certificate of disposition to the Company. If the Company shall otherwise acquire any of the Notes, however, such acquisition shall not operate as a redemption or satisfaction of the indebtedness represented by such Notes unless and until
the same are delivered to the Trustee for cancellation. 
 SECTION 2.09. Benefits of Indenture. 

Nothing in this Indenture or in the Notes, express or implied, shall give or be construed to give to any Person, other than the parties
hereto and the holders of the Notes, any legal or equitable right, remedy or claim under or in respect of this Indenture, or under any covenant, condition or provision herein contained; all such covenants, conditions and provisions being for the
sole benefit of the parties hereto and of the holders of the Notes. 
 SECTION 2.10. Authenticating Agent.

 (a) So long as any of the Notes remain Outstanding there may be an Authenticating Agent for the Notes which the Trustee shall
have the right to appoint. Such Authenticating Agent shall be authorized to act on behalf of the Trustee to authenticate the Notes issued upon exchange, transfer or partial redemption thereof, and Notes so authenticated shall be entitled to the
benefits of this Indenture and shall be valid and obligatory for all purposes as if authenticated by the Trustee hereunder. All references in this Indenture to the authentication of Notes by the Trustee shall be deemed to include authentication by
an Authenticating Agent. Each Authenticating Agent shall be acceptable to the Company and shall be a corporation that has a combined capital and surplus, as most recently reported or determined by it, sufficient under the laws of any jurisdiction
under which it is organized or in which it is doing business to conduct a trust business, and that is otherwise authorized under such laws to conduct such business and is subject to supervision or examination by Federal or State authorities. If at
any time any Authenticating Agent shall cease to be eligible in accordance with these provisions, it shall resign immediately. 

(b) Any Authenticating Agent may at any time resign by giving written notice of resignation to the Trustee and to the Company. The
Trustee may at any time (and upon 

  
 15 

 
request by the Company shall) terminate the agency of any Authenticating Agent by giving written notice of termination to such Authenticating Agent and to the Company. Upon resignation,
termination or cessation of eligibility of any Authenticating Agent, the Trustee may appoint an eligible successor Authenticating Agent acceptable to the Company. Any successor Authenticating Agent, upon acceptance of its appointment hereunder,
shall become vested with all the rights, powers and duties of its predecessor hereunder as if originally named as an Authenticating Agent pursuant hereto. 
 SECTION 2.11. Global Notes. 
 (a) The Company shall execute and the
Trustee shall, in accordance with Section 2.04, authenticate and deliver, one or more Notes in global form that (i) shall represent, and shall be denominated in an amount equal to the aggregate principal amount of, all of the Outstanding
Notes, (ii) shall be registered in the name of Cede & Co., as the nominee of DTC, (iii) shall be deposited with the Trustee as custodian for DTC and (iv) shall bear a legend substantially to the following effect: 

“THIS SECURITY IS A GLOBAL NOTE WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF A DEPOSITARY OR A
NOMINEE THEREOF. UNLESS AND UNTIL IT IS EXCHANGED IN WHOLE OR IN PART FOR THE SECURITIES IN CERTIFICATED FORM, THIS SECURITY MAY NOT BE TRANSFERRED EXCEPT AS A WHOLE BY THE DEPOSITORY TRUST COMPANY (THE “DEPOSITARY”) TO A NOMINEE OF THE
DEPOSITARY OR BY THE DEPOSITARY OR ANY SUCH NOMINEE TO A SUCCESSOR DEPOSITARY OR A NOMINEE OF SUCH SUCCESSOR DEPOSITARY. 
 UNLESS THIS SECURITY
IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITARY TO THE COMPANY OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY SECURITY ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS REQUESTED
BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITARY (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITARY), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, HAS AN INTEREST HEREIN.” 
 (b)
Notwithstanding the provisions of Section 2.05, a Global Note may be transferred, in whole but not in part and in the manner provided in Section 2.05, only to another nominee of the Depositary or to a successor Depositary selected or
approved by the Company or to a nominee of such successor Depositary. 
 (c) (1) If at any time DTC notifies the Company that it
is unwilling or unable to continue as Depositary for the Notes or if at any time DTC shall no longer be registered or in good standing under the Exchange Act, or other applicable statute or regulation, and a successor Depositary for the Notes is not
appointed by the Company within 90 days after the Company receives such notice or becomes aware of such condition, as the case may be, or (2) an Event of 

  
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Default has occurred and is continuing with respect to the Notes and DTC requests the issuance of certificated Notes, this Section 2.11 shall no longer be applicable to the Notes and the
Company will execute, and subject to Section 2.05, the Trustee will authenticate and deliver the Notes in definitive registered form without coupons, in authorized denominations, and in an aggregate principal amount equal to the principal
amount of the Global Note(s) in exchange for such Global Note(s). 
 In addition, the Company may at any time determine that the
Notes shall no longer be represented by a Global Note(s) and that the provisions of this Section 2.11 shall no longer apply to the Notes. In such event the Company will execute and subject to Section 2.05, the Trustee, upon receipt of an
Officers’ Certificate evidencing such determination by the Company, will authenticate and deliver the Notes in definitive registered form without coupons, in authorized denominations, and in an aggregate principal amount equal to the principal
amount of the Global Note(s) in exchange for such Global Note(s). 
 Upon the exchange of the Global Note(s) for such Notes in
definitive registered form without coupons, in authorized denominations, the Global Note(s) shall be canceled by the Trustee in accordance with Section 2.08. Such Notes in definitive registered form issued in exchange for the Global Note(s)
pursuant to this clause (c) shall be registered in such names and in such authorized denominations as the Depositary, pursuant to instructions from its direct or indirect participants or otherwise, shall instruct the Trustee. The Trustee shall
deliver such Notes to the Depositary for delivery to the Persons in whose names such Notes are so registered. 

SECTION 2.12. CUSIP Numbers. 
 The Company in issuing the Notes may use “CUSIP” numbers (if then generally in use) or other identifying numbers (collectively, “Identifying Numbers”) and, if so, the Trustee
shall use such Identifying Numbers in notices of redemption as a convenience to holders of the Notes; provided that any such notice may state that no representation is made as to the correctness of such Identifying Numbers either as printed
on the Notes or as contained in any notice of a redemption and that reliance may be placed only on the other identifying numbers printed on the Notes, and any such redemption shall not be affected by any defect in or omission of such numbers. The
Company will promptly notify in writing the Trustee and holders of the Notes of any change in the Identifying Numbers of Notes. 

SECTION 2.13. Ranking. 
 The Notes shall constitute the senior indebtedness of the Company and shall rank pari passu in right of payment among themselves and with all of the other existing and future senior
indebtedness of the Company, and will be effectively subordinated to all liabilities of the Company’s subsidiaries, including trade payables. 

  
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 ARTICLE III 
 REDEMPTION OF NOTES AND SINKING FUND PROVISIONS 
 SECTION 3.01.
Redemption. 
 The Company at its option may, at any time, redeem the Notes, in whole or in part, upon payment of a
redemption price for the Notes to be redeemed (the “Redemption Price”) equal to: 
 (a) prior to
February 1, 2023, the greater of: 
 (i) 100% of the principal amount of the Notes to be redeemed on that
Redemption Date; and 
 (ii) the sum of the present values of the remaining scheduled payments of principal and
interest on the Notes to be redeemed on that Redemption Date (not including any portion of any payment of interest accrued to the Redemption Date) discounted to the Redemption Date on a semi-annual basis at the Treasury Rate, plus 25 basis points,
as determined by the Reference Treasury Dealers; or 
 (b) on or after February 1, 2023, 100% of the
principal amount of the Notes to be redeemed on that Redemption Date; 
 plus, in each case, accrued and unpaid interest on the
Notes to, but excluding, the Redemption Date. 
 Notwithstanding the foregoing, installments of interest on Notes that are due
and payable on Interest Payment Dates falling on or prior to a Redemption Date will be payable on the Interest Payment Date to the holders of the Notes as of the close of business on the relevant Regular Record Date. The Redemption Price shall be
calculated on the basis of a 360-day year consisting of twelve 30-day months. 
 SECTION 3.02. Election to Redeem;
Notice of Redemption. 
 (a) In case the Company shall desire to redeem all or a portion, as the case may be, of the
Notes, the Company shall, or shall cause the Trustee to, give notice of such redemption to holders of the Notes to be redeemed in the manner provided in Section 13.03(b) a notice of such redemption not less than 30 days and not more than 60
days before the date fixed for redemption unless a shorter period is specified in the Notes to be redeemed. Failure to duly give such notice to the holder of any Note designated for redemption in whole or in part, or any defect in the notice, shall
not affect the validity of the proceedings for the redemption of any other Notes. In the case of any redemption of Notes prior to the expiration of any restriction on such redemption provided in the terms of such Notes or elsewhere in this
Indenture, the Company shall furnish the Trustee with an Officers’ Certificate evidencing compliance with any such restriction. 

  
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 (b) Each notice of redemption shall specify and state: 

(1) the date fixed for redemption (“Redemption Date”); 

(2) the redemption price at which Notes are to be redeemed; 

(3) that payment of the redemption price of such Notes to be redeemed will be made at the office or agency of the Company
in the Borough of Manhattan, the City and State of New York, upon presentation and surrender of such Notes; 

(4) that interest accrued to the date fixed for redemption will be paid as specified in such notice and that from and
after such date interest will cease to accrue; 
 (5) if less than all of the Outstanding Notes are to be
redeemed, the identification of the particular Notes to be redeemed; 
 (6) in case any Note is to be redeemed in
part only, the notice that relates to such Note shall state (i) the portion of the principal amount thereof to be redeemed, and (ii) that on and after the Redemption Date, upon surrender of such Note, a new Note or Notes in principal
amount equal to the unredeemed portion thereof will be issued; 
 (7) CUSIP numbers or Identifying Numbers, if
any, of the Notes to be redeemed; and 
 (8) such other provisions as may be required in respect of the terms of
the Notes. 
 (c) The Company shall give the Trustee at least 45 days’ notice in advance of the date fixed for redemption
as to the aggregate principal amount of Notes to be redeemed. If less than all the Notes are to be redeemed, upon receipt of such notice by the Trustee, the Trustee shall select, in accordance with the rules of the Depositary, by lot or in such
other manner as it shall deem appropriate and fair in its discretion, the Notes (or portions thereof) to be redeemed and shall thereafter promptly notify the Company in writing of the numbers of the Notes to be redeemed, in whole or in part. No Note
of a denomination of $2,000 shall be redeemed in part and Notes may be redeemed in part only in integral multiples of $1,000. 

Notwithstanding anything else contained in this Section, the selection of the Notes, or portions thereof, that are represented by a
Global Note or that are held by or on behalf of a Depositary, in the case of any partial redemption, shall also be made in accordance with the applicable rules and procedures of DTC and neither the Trustee nor the Company shall have any liability or
responsibility with respect thereto. 
 (d) The election of the Company to redeem any Notes shall be evidenced by or pursuant to
a Board Resolution. The Company may, if and whenever it shall so elect, by delivery of instructions signed on its behalf by its Chairman of the Board of Directors, Chief Executive Officer, President or any Vice President, instruct the Trustee or any
paying agent to call all or any part of the Notes for redemption and to give notice of redemption in the manner 

  
 19 

 
set forth in this Section, such notice to be in the name of the Company or its own name as the Trustee or such paying agent may deem advisable. In any case in which notice of redemption is to be
given by the Trustee or any such paying agent, the Company shall deliver or cause to be delivered to, or permit to remain with, the Trustee or such paying agent, as the case may be, such Note Register, transfer books or other records, or suitable
copies or extracts therefrom, sufficient to enable the Trustee or such paying agent to give any notice by mail that may be required under the provisions of this Section. 
 SECTION 3.03. Payment Upon Redemption. 
 (a) Prior to the opening of
business on any redemption date, the Company shall deposit with the Trustee for the Notes to be redeemed or with a paying agent for such Notes (or, if the Company is acting as its own paying agent for such Notes, segregate and hold in trust as
provided in Section 4.03(b)) an amount of money sufficient to pay the Redemption Price for such Notes to be redeemed. 

(b) If the giving of notice of redemption shall have been completed as provided in Section 3.02, the Notes to be redeemed specified
in such notice shall become due and payable on the date and at the place stated in such notice at the Redemption Price, together with interest accrued to the date fixed for redemption and interest on such Notes or portions of Notes shall cease to
accrue on and after the date fixed for redemption, unless the Company shall default in the payment of such redemption price and accrued interest with respect to any such Note or portion thereof. On presentation and surrender of such Notes on or
after the date fixed for redemption at the place of payment specified in the notice, such Notes shall be paid and redeemed at the Redemption Price, together with interest accrued thereon to the date fixed for redemption (but if the date fixed for
redemption is an Interest Payment Date, the interest installment payable on such date shall be payable to the registered holder at the close of business on the applicable Regular Record Date pursuant to Section 2.01(c)). If any Note called for
redemption shall not be so paid upon surrender thereof for redemption, the principal thereof (and premium, if any, thereon) shall, until paid, bear interest from the redemption date at a rate per annum equal to the rate borne by the Note.

 (c) Upon presentation and surrender of any Note that is to be redeemed in part only, the Company shall execute and the
Trustee shall authenticate and deliver to the holder of such Note, at the expense of the Company, a new Note or Notes, of any authorized denominations as requested by such holder, having the same terms and provisions and in an aggregate principal
amount equal to and in exchange for the unredeemed portion of the principal of the Note so presented and surrendered; provided, however, that if a Global Note is so presented and surrendered, such new Note so issued shall be a new
Global Note in a denomination equal to the unredeemed portion of the principal of the Global Note so surrendered. 

SECTION 3.04. No Redemption at the Option of Holders; No Sinking Fund. 

The Notes shall not be redeemable at the option of any holder thereof, upon the occurrence of any particular circumstances or otherwise.
The Notes will not have the benefit of any sinking fund. 

  
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 ARTICLE IV 
 CERTAIN COVENANTS 
 SECTION 4.01. Payment of Principal, Premium and
Interest. 
 The Company agrees, for the benefit of the Notes, that it will duly and punctually pay or cause to be paid the
principal of and premium, if any, and the interest on the Notes in accordance with the terms of the Notes and this Indenture. 

SECTION 4.02. Maintenance of Office or Agency. 
 So long as the Notes remain Outstanding, the Company agrees to maintain an office or agency in the Borough of Manhattan, the City and State of New York and at such other location or locations as may be
designated as provided in this Section 4.02, where (a) Notes may be presented or surrendered for payment, (b) Notes may be presented and surrendered as hereinabove authorized for registration of transfer and exchange, and
(c) notices and demands to or upon the Company in respect of the Notes and this Indenture may be given or served, such designation to continue with respect to such office or agency until the Company shall, by written notice signed by its
Chairman of the Board of Directors, Chief Executive Officer, President or a Vice President and delivered to the trustee, designate some other office or agency for such purposes or any of them. 

If at any time the Company shall fail to maintain any such required office or agency or shall fail to furnish the Trustee with the
address thereof, such presentations, notices and demands may be made or served at the Corporate Trust Office of the Trustee. Unless otherwise specified with respect to any Notes pursuant to Section 2.01 with respect to the Notes, the Company
hereby appoints the Trustee as its agent to receive all such presentations, notices and demands. 
 SECTION 4.03. Paying
Agents. 
 (a) The Company may appoint one or more paying agents for the Notes. The Company may change any paying agent
without prior notice to any holder of the Notes. The Company shall notify the Trustee in writing of the name and address of any paying agent not a party to this Indenture. If the Company fails to appoint or maintain another entity as paying agent,
the Trustee shall, to the extent that it is capable, act as such. The Company or any of its domestic Subsidiaries may act as paying agent. 
 The Company initially appoints the Trustee to act as the paying agent with respect to the Notes. 
 (b) If the Company shall appoint one or more paying agents for the Notes, other than the Trustee, the Company will cause each such paying agent 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: 
 (1) 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 Notes (whether such sums have been paid to it by the Company or by any other obligor of such Notes) in trust for the benefit of the Persons
entitled thereto; 

  
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 (2) that it will give the Trustee notice of any failure by the Company (or
by any other obligor of such Notes) to make any payment of the principal of (and premium, if any) or interest on the Notes when the same shall be due and payable; 

(3) that it will, at any time during the continuance of any failure referred to in the preceding paragraph (a)(2) above,
upon the written request of the Trustee, forthwith pay to the Trustee all sums so held in trust by such paying agent; and 
 (4) that it will perform all other duties of paying agent as set forth in this Indenture. 
 (c) If the Company shall act as its own paying agent with respect to the Notes, it will on or before each due date of the principal of (and premium, if any) or interest on the Notes, set aside, segregate
and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay such principal (and premium, if any) or interest so becoming due on Notes until such sums shall be paid to such Persons or otherwise disposed of as herein
provided and will promptly notify the Trustee of such action, or any failure (by it or any other obligor on such Notes) to take such action. Whenever the Company shall have one or more paying agents for the Notes, it will, prior to each due date of
the principal of (and premium, if any) or interest on any Notes, deposit with the paying agent a sum sufficient to pay the principal (an premium, if any) or interest so becoming due, such sum to be held in trust for the benefit of the Persons
entitled to such principal, premium or interest, and (unless such paying agent is the Trustee) the Company will promptly notify the Trustee of this action or failure so to act. 

(d) Notwithstanding anything in this Section to the contrary, (1) the agreement to hold sums in trust as provided in this Section is
subject to the provisions of Section 11.05, and (2) the Company may at any time, for the purpose of obtaining the satisfaction and discharge of this Indenture or for any other purpose, pay, or direct any paying agent to pay, to the Trustee
all sums held in trust by the Company or such paying agent, such sums to be held by the Trustee upon the same terms and conditions as those upon which such sums were held by the Company or such paying agent; and, upon such payment by any paying
agent to the Trustee, such paying agent shall be released from all further liability with respect to such money. 

SECTION 4.04. Appointment to Fill Vacancy in Office of Trustee. 

The Company, whenever necessary to avoid or fill a vacancy in the office of Trustee, will appoint, in the manner provided in
Section 7.10, a Trustee, so that there shall at all times be a Trustee hereunder. 

  
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 SECTION 4.05. Limitations on Liens. 

(a) The Company agrees that it will not, nor will it permit any Restricted Subsidiaries to, issue, incur, create, assume or guarantee any
debt for borrowed money, collectively referred to as “Debt,” secured by any mortgage, deed of trust, security interest, pledge, lien, charge or other encumbrance, each a “Lien” and collectively
“Liens,” upon any Principal Property or shares of stock (or other equivalents of or interests in equity) or indebtedness of a Restricted Subsidiary without in any such case providing concurrently with the issuance, incurrence,
creation, assumption or guaranty of such secured Debt, or the grant of such Lien, that the Notes (together with, at the Company’s option, any other indebtedness of or guarantee by the Company ranking equally with the Notes) shall be secured
equally and ratably with (or, at the option of the Company, prior to) such secured Debt. The foregoing restriction, however, will not apply to: 
 (1) Liens on property, shares of stock or indebtedness of a Person existing at the time such Person becomes a Restricted Subsidiary, provided that such Liens are not created in anticipation of the
transaction in which such Person becomes a Restricted Subsidiary; 
 (2) Liens on property acquired by the
Company or a Restricted Subsidiary existing at the time of acquisition by the Company or a Restricted Subsidiary; 
 (3) Liens on property acquired by the Company or a Restricted Subsidiary and created prior to, at the time of, or within 180 days after the acquisition thereof, or the completion of construction, the
completion of improvements or the commencement of substantial commercial operation of such property, for the purpose of financing all or any part of the purchase price thereof, such construction or the making of such improvements; 

(4) Liens to secure indebtedness owing to the Company or a Restricted Subsidiary; 

(5) Liens existing on the date of the initial issuance of any Notes; 

(6) Liens on property, shares of stock or indebtedness of a Person existing at the time such Person is merged into or
consolidated with the Company or a Restricted Subsidiary or at the time of a sale, lease or other disposition of all or substantially all of the properties of a Person as an entirety or substantially as an entirety to the Company or a Restricted
Subsidiary, provided that such Lien was not incurred in contemplation of such merger or consolidation or sale, lease or other disposition; 
 (7) Liens in favor of the United States of America or any state, territory or possession thereof (or the District of Columbia), or any department, agency, instrumentality or political subdivision of the
United States of America or any state, territory or possession thereof (or the District of Columbia), to secure partial, progress, advance or other payments pursuant to any contract or statute or

  
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to secure any indebtedness incurred for the purpose of financing all or any part of the purchase price or the cost of constructing or improving the property subject to such Liens; or 

(8) extensions, renewals or replacements of any Lien referred to in the foregoing clauses (1) through (7) or of
any Debt secured thereby; provided, however, that such extension, renewal or replacement Lien shall secure no longer an amount of Debt than that existing at the time of such extension, renewal or replacement. 

(b) Notwithstanding the restrictions in (a), the Company or a Restricted Subsidiary may issue, incur, create, assume or guarantee Debt
secured by a Lien which would otherwise be subject to the foregoing restrictions, without equally and ratably securing the Notes, provided that after giving effect thereto, the aggregate amount of all Debt so secured by Liens (not including
Liens permitted under clauses (1) through (8) above) does not exceed the greater of (1) 15% of Consolidated Net Tangible Assets or (2) $100 million. 
 SECTION 4.06. Limitations on Sale and Lease-Back Transactions. 
 (a)
The Company covenants that it will not, nor will it allow the Restricted Subsidiaries to, enter into, any Sale and Lease-Back Transaction with respect to any Principal Property, other than any such transaction involving a lease for a term of not
more than three years or any such transaction between the Company and one of the Restricted Subsidiaries or between Restricted Subsidiaries, unless at the effective time of such transaction: 

(1) the Company or the Restricted Subsidiary would be entitled, pursuant to the Limitation on Liens set forth in
Section 4.05, without equally and ratably securing the Notes, to incur Debt secured by a Lien on the Principal Property involved in such transaction in an amount at least equal to the Attributable Debt with respect to such Sale and Lease-Back
Transaction, without equally and ratably securing the Notes; or 
 (2) the Company or the Restricted Subsidiary
applies, within 180 days of the effective date of the Sale and Lease-Back Transaction, an amount equal to the greater of (i) the net proceeds of such sale or (ii) the Attributable Debt with respect to such Sale and Lease-Back Transaction
to either (or a combination of) (x) the prepayment or retirement (other than any mandatory retirement, mandatory prepayment or sinking fund payment or payment at maturity) of debt for borrowed money of the Company or a Restricted Subsidiary
(other than debt that is subordinate to the Notes or debt to the Company or a Restricted Subsidiary) that matures more than 12 months after its creation or (y) the purchase, construction or development of other comparable property. 

(b) For purposes of this Section 4.06, “Sale and Lease-Back Transaction” means any arrangement with any Person
providing for the leasing by the Company or any Restricted Subsidiary of any Principal Property, whether owned at the date of this Indenture or thereafter acquired (excluding temporary leases of a term, including renewal periods, of not more

  
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than three years), that has been or is to be sold or transferred by the Company or any Restricted Subsidiary to such Person with the intention of taking back a lease of this property. The term
“Attributable Debt” as used with respect to a Sale and Lease-Back Transaction of a Principal Property means, at the time of determination, the lesser of (1) the fair market value of the Principal Property leased (as determined
in good faith by the Board of Directors of the Company) or (2) the present value of the total net amount of rent required to be paid under such lease during the remaining term thereof (including any period for which such lease has been
extended), discounted at the rate of interest set forth or implicit in the terms of such lease, as determined in good faith by the Board of Directors of the Company, compounded semi-annually. In the case of any lease that is terminable by the lessee
upon the payment of a penalty, such net amount shall be the lesser of (x) the net amount determined assuming termination upon the first date such lease may be terminated (in which case the net amount shall also include the amount of the
penalty, but no rent shall be considered as required to be paid under such penalty, but no rent shall be considered as required to be paid under such lease subsequent to the first date upon which it may be so terminated) and (y) the net amount
determined assuming no such termination. 
 SECTION 4.07. Offer to Repurchase Upon Change of Control Triggering
Event. 
 (a) Upon the occurrence of a Change of Control Triggering Event, unless the Company has exercised its right to
redeem the Notes pursuant to Section 3.01, each Noteholder will have the right to require the Company to repurchase all or any part (equal to $2,000 or an integral multiple of $1,000 in excess thereof) of each Noteholder’s Notes pursuant
to the offer described below (the “Change of Control Offer”) at a purchase price equal to 101% of the aggregate principal amount thereof plus accrued and unpaid interest, if any, to the date of purchase (the “Change of
Control Payment”). Within 30 days following any Change of Control Triggering Event or, at the Company’s option, prior to any Change of Control but after the public announcement of the pending Change of Control, the Company shall mail a
notice to each Noteholder (with a written copy of such notice to the Trustee) describing the transaction or transactions that constitute the Change of Control Triggering Event and offering to repurchase the Notes on the date specified in the notice,
which date will be no earlier than 30 days and no later than 60 days from the date such notice is mailed (the “Change of Control Payment Date”), pursuant to the procedures required herein and described in such notice. The notice, if
mailed prior to the date of consummation of the Change of Control, will state that the Change of Control Offer is conditioned on the Change of Control being consummated on or prior to the Change of Control Payment Date. The Company shall comply with
the requirements of Rule 14e-1 under the Exchange Act and any other securities laws and regulations thereunder to the extent such laws and regulations are applicable in connection with the repurchase of the Notes as a result of a Change of Control
Triggering Event. To the extent that the provisions of any securities laws or regulations conflict with this Section, the Company will comply with the applicable securities laws and regulations and will not be deemed to have breached its obligations
under this Section by virtue of such conflicts. 
 (b) The Company shall not be required to make a Change of Control Offer if a
third party makes an offer to purchase the Notes at a purchase price equal to 101% of the aggregate principal amount thereof plus accrued and unpaid interest, if any, on such Notes to the date of purchase, in the manner, at the times and otherwise
in compliance with the requirements for a Change of Control Offer made by the Company and such third party purchases all the Notes properly tendered and not withdrawn under its offer. 

  
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 (c) On the Change of Control Payment Date, the Company shall, to the extent lawful,
(i) accept for payment all the Notes or portions thereof properly tendered pursuant to the Change of Control Offer, (ii) deposit with the paying agent an amount equal to the Change of Control Payment in respect of all the Notes or portions
thereof properly tendered and (iii) deliver or cause to be delivered for cancellation to the Trustee the Notes properly accepted together with an Officers’ Certificate stating the aggregate principal amount of the Notes or portions thereof
being purchased by the Company. The paying agent shall promptly mail to each holder of the Notes properly tendered the Change of Control Payment for such Notes, and the Trustee, upon receipt of a Company Request, shall promptly authenticate and mail
(or cause to be transferred by book entry) to each holder of the Notes a new Note equal in principal amount to any unpurchased portion of the Notes surrendered by such holder, if any; in denominations as set forth in this Indenture. 

ARTICLE V 

NOTEHOLDERS’ LISTS AND REPORTS 
 BY THE COMPANY AND THE TRUSTEE 
 SECTION 5.01. Company to Furnish
Trustee Names and Addresses of Noteholders. 
 If the Trustee is not the Note Registrar, the Company shall cause the Note
Registrar to furnish to the Trustee, in writing at least five Business Days before each Interest Payment Date and at such other times as the Trustee may request in writing, a list in such form and as of such date as the Trustee may reasonably
require of the names and addresses of holders of the Notes. 
 SECTION 5.02. Preservation of Information; Communications
With Noteholders. 
 (a) The Trustee shall preserve, in as current a form as is reasonably practicable, the names and
addresses of Noteholders contained in the most recent list furnished to the Trustee as provided in Section 5.01 and the names and addresses of Noteholders received by the Trustee in its capacity as Note Registrar. The Trustee may dispose of any
list furnished to it as provided in Section 5.01 upon receipt of a new list so furnished. 
 (b) The rights of Noteholders
to communicate with other Noteholders with respect to their rights under this Indenture or under the Notes, and the corresponding rights and privileges of the Trustee, shall be as provided by the Trust Indenture Act. 

(c) Every holder of the Notes, by receiving and holding the same, agrees with the Company and the Trustee that neither the Company nor
the Trustee nor any agent of either of them shall be held accountable by reason of any disclosure of information as to names and addresses of Noteholders made pursuant to the Trust Indenture Act, as if the Trust Indenture Act were applicable.

  
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 SECTION 5.03. Reports by the Company. 

(a) The Company will file with the Trustee, within 15 days after the Company is required to file the same with the Commission, copies of
the annual reports and of the information, documents and other reports (or copies of such portions of any of the foregoing as the Commission may from time to time by rules and regulations prescribe) that the Company may be required to file with the
Commission pursuant to Section 13 or Section 15(d) of the Exchange Act; or, if the Company is not required to file information, documents or reports pursuant to either of such sections, then to file with the Trustee and the Commission, in
accordance with the rules and regulations prescribed from time to time by the Commission, if any, such of the supplementary and periodic information, documents and reports that may be required pursuant to Section 13 of the Exchange Act, in
respect of a security listed and registered on a national securities exchange as may be prescribed from time to time in such rules and regulations. 
 (b) The Company will file with the Trustee and the Commission, in accordance with the rules and regulations prescribed from to time by the Commission, if any, such additional information, documents and
reports with respect to compliance by the Company with the conditions and covenants provided for in this Indenture if and as may be required from time to time by such rules and regulations. 

(c) The Company will transmit by mail, first class postage prepaid, or reputable over-night delivery service that provides for evidence
of receipt, to the Noteholders, as their names and addresses appear upon the Note Register or as otherwise provided for in Section 313(c) of the Trust Indenture Act, within 30 days after the filing thereof with the Trustee (unless some other
time shall be fixed by the Commission), copies or summaries of any information, documents and reports required to be filed by the Company pursuant to subsections (a) and (b) of this Section as may be required by rules and regulations
prescribed from time to time by the Commission. 
 (d) Delivery of reports, information and documents to the Trustee is for
informational purposes only and shall not constitute a representation or warranty as to the accuracy or completeness of the reports, information and documents. The Trustee’s receipt of such shall not constitute constructive notice of any
information contained therein or determinable from information contained therein, including the Company’s compliance with any of their covenants hereunder (as to which the Trustee is entitled to rely exclusively on Officers’ Certificates
of the Company) 
 SECTION 5.04. Reports by the Trustee. 

(a) On or before May 15 in each year in which any of the Notes are Outstanding, the Trustee shall transmit by mail, first class
postage prepaid, to the Noteholders, as their names and addresses appear upon the Note Register, a brief report dated as of the preceding May 15, if and to the extent required under Section 313(a) of the Trust Indenture Act. 

(b) The Trustee shall comply with Section 313(b) and 313(c) of the Trust Indenture Act. 

  
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 (c) A copy of each such report shall, at the time of such transmission to Noteholders, be
filed by the Trustee with (1) the Company, (2) each stock exchange upon which any Notes are listed (if so listed) and (3) the Commission. The Company agrees to notify the Trustee when any Notes become listed on any stock exchange.

 SECTION 5.05. No Accountability by Reason of Disclosure. 

Each and every Noteholder, by receiving and holding the same, agrees with the Company and the Trustee that neither the Company nor the
Trustee shall be held accountable by reason of the disclosure of any such information as to the names and addresses of the Noteholders in accordance with the provisions of this Article V, regardless of the source from which such information was
derived and that the Trustee shall not be held accountable by reason of mailing any material pursuant to a request made under this Article V. 
 ARTICLE VI 
 REMEDIES OF THE TRUSTEE AND NOTEHOLDERS ON 

EVENT OF DEFAULT 
 SECTION 6.01. Events of Default. 
 (a) Whenever used herein with
respect to the Notes, “Event of Default” means any one or more of the following events that has occurred and is continuing: 
 (1) the Company defaults in the payment of any installment of interest upon the Notes, as and when the same shall become due and payable, and continuance of such default for a period of 30 days;
provided, however, that a valid extension of an interest payment period by the Company in accordance with the terms of any indenture supplemental hereto shall not constitute a default in the payment of interest for this purpose;

 (2) the Company defaults in the payment of the principal of (or premium, if any, on) any of the Notes as and
when the same shall become due and payable whether at maturity, upon redemption, by declaration or otherwise; provided, however, that a valid extension of the maturity of such Notes in accordance with the terms of any indenture
supplemental hereto shall not constitute a default in the payment of principal or premium, if any, for this purpose; 
 (3) the Company fails to observe or perform any other of its covenants or agreements contained in this Indenture or otherwise established with respect to the Notes pursuant to Section 2.01 hereof
(other than a covenant or agreement that has been expressly included in this Indenture solely for the benefit of the Notes) for a period of 30 days after the date on which written notice of such failure, requiring the same to be remedied and stating
that such notice is a “Notice of Default” hereunder, shall have been given to the Company by the Trustee, by registered or certified mail, or to the Company and the Trustee by the holders of at least 25% in principal amount of the Notes at
the time Outstanding; 

  
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 (4) the Company 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; or 
 (5) a court of competent
jurisdiction enters an order under any Bankruptcy Law that (i) is for relief against the Company in an involuntary case, (ii) appoints a Custodian of the Company for all or substantially all of their respective property, or
(iii) orders the liquidation of the Company, and the order or decree remains unstayed and in effect for 90 days. 
 (b) If
an Event of Default occurs (other than an Event of Default relating to bankruptcy, insolvency or reorganization described in clause (4) and clause (5) above) and is continuing, either the Trustee or the holders of not less than 25% in
aggregate principal amount of the Notes then Outstanding hereunder, by notice in writing to the Company (and to the Trustee if given by such Noteholders), may declare the entire principal of all the Notes to be due and payable immediately, and upon
any such declaration the principal, together with accrued interest and all other amounts owing, shall become and shall be immediately due and payable, without presentment, demand, protest or notice of any kind, all of which are hereby expressly
waived, notwithstanding anything contained in this Indenture or in the Notes. 
 If any Event of Default specified in clause
(4) and clause (5) above occurs with respect to the Company, all of the unpaid principal amount and accrued interest on all of the Notes then Outstanding shall ipso facto become and be immediately due and payable without any
declaration or other act by the Trustee or any Noteholder. 
 (c) At any time after the principal of the Notes shall have been
so declared due and payable, and before any judgment or decree for the payment of the moneys due shall have been obtained or entered as hereinafter provided, the holders of a majority in aggregate principal amount of the Notes then Outstanding
hereunder, by written notice to the Company and the Trustee, may rescind and annul such declaration and its consequences if: 
 (1) the Company has paid or deposited with the Trustee a sum sufficient to pay (i) all matured installments of interest upon all the Notes, (ii) the principal of (and premium, if any, on) any
and all Notes that shall have become due otherwise than by acceleration (with interest upon such principal and premium, if any, (iii) to the extent that such payment is enforceable under applicable law, interest upon overdue installments of
interest, at the rate per annum expressed in the Notes to the date of such payment or deposit) and (iv) the amount payable to the Trustee under Section 7.06; and 

(2) any and all Events of Default under the Indenture with respect to the Notes, other than the nonpayment of principal on
Notes that shall not have become due by their terms, shall have been remedied or waived as provided in Section 6.06. No such rescission and annulment shall extend to or shall affect any subsequent default or impair any right consequent thereon.

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

SECTION 6.02. Collection of Indebtedness and Suits for Enforcement by Trustee. 

(a) The Company covenants that: 
 (1) in case it shall default in the payment of any installment of interest on the Notes as and when the same shall have become due and payable, and such default shall have continued for a period of 90
Business Days, or 
 (2) in case it shall default in the payment of the principal of (or premium, if any, on) the
Notes when the same shall have become due and payable, whether upon maturity of the Notes or upon redemption or upon declaration or otherwise, then, upon demand of the Trustee, 

the Company will pay to the Trustee, for the benefit of the holders of the Notes, the whole amount that then shall have been become due
and payable on all such Notes for principal (and premium, if any) or interest, or both, as the case may be, with interest upon the overdue principal (and premium, if any) and (to the extent that payment of such interest is enforceable under
applicable law) upon overdue installments of interest at the rate per annum expressed in the Notes; and, in addition thereto, such further amount as shall be sufficient to cover the costs and expenses of collection, and the amount payable to the
Trustee under Section 7.06. 
 (b) If the Company shall fail to pay such amounts forthwith upon such demand, 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, and may prosecute any such action or proceeding to
judgment or final decree, and may enforce any such judgment or final decree against the Company or other obligor upon the Notes and collect the moneys adjudged or decreed to be payable in the manner provided by law out of the property of the Company
or other obligor upon the Notes, wherever situated. 
 (c) In case of any receivership, insolvency, liquidation, bankruptcy,
reorganization, readjustment, arrangement, composition or judicial proceedings affected the Company, or its creditors or property, the Trustee shall have power to intervene in such proceedings and take any action therein that may be permitted by the
court and shall (except as may be otherwise provided by law) be entitled to file such proofs of claim and other papers and documents as may be necessary or advisable in order to have the claims of the Trustee and of the holders of the Notes allowed
for the entire amount due and payable by the Company under the Indenture at the date of institution of such proceedings and for any additional amount that may 

  
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become due and payable by the Company after such date, and to collect and receive any moneys or other property payable or deliverable on any such claim, and to distribute the same after the
deduction of the amount payable to the Trustee under Section 7.06; and any receiver, assignee or trustee in bankruptcy or reorganization is hereby authorized by each of the holders of the Notes to make such payments to the Trustee, and, in the
event that the Trustee shall consent to the making of such payments directly to such holders, to pay to the Trustee any amount due it under Section 7.06. 
 (d) All rights of action and of asserting claims under this Indenture, or under any of the terms established with respect to the Notes, may be enforced by the Trustee without the possession of any of such
Notes, or the production thereof at any trial or other proceeding relative thereto, and any such suit or proceeding instituted by the Trustee shall be brought in its own name as trustee of an express trust, and any recovery of judgment shall, after
provision for payment to the Trustee of any amounts due under Section 7.06, be for the ratable benefit of the holders of the Notes. 
 (e) 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 the 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. 
 (f) Nothing contained herein shall be deemed to authorize the Trustee to authorize or consent to or accept or adopt on behalf of any Noteholder any plan of reorganization, arrangement, adjustment or
composition affecting the Notes or the rights of any holder thereof or to authorize the Trustee to vote in respect of the claim of any Noteholder in any such proceeding. 
 SECTION 6.03. Application of Moneys Collected. 
 Any moneys collected
by the Trustee with respect to the Notes under this Article VI shall be applied in the following order, at the date or dates fixed by the Trustee for the distribution of such moneys, and, in case of the distribution of such moneys on account of
principal (or premium, if any) or interest, upon presentation of the Notes, stamping thereon the payment if only partially paid, and upon surrender thereof, if fully paid: 

FIRST: To the payment of costs and expenses of collection and of all amounts payable to the Trustee under
Section 7.06; and 
 SECOND: To the payment of the amounts then due and unpaid upon the Notes for principal
(and premium, if any) and interest, in respect of which or for the benefit of which such money has been collected, ratably, without preference or priority of any kind, according to the amounts due and payable on such Notes for principal (and
premium, if any) and interest, respectively. 

  
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 SECTION 6.04. Limitation on Suits. 

(a) No Noteholder shall have any right by virtue or by availing of any provision of this Indenture to institute any suit, action or
proceeding in equity or at law 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: 

(1) such holder previously shall have given to the Trustee written notice of an Event of Default and of the continuance
thereof with respect to the Notes specifying such Event of Default, as hereinbefore provided; 
 (2) the holders
of not less than 25% in aggregate principal amount of the Notes then Outstanding shall have made written request upon the Trustee to institute such action, suit or proceeding in its own name as trustee hereunder; 

(3) such holder or holders shall have offered to the Trustee such reasonable indemnity as it may require against the
costs, expenses and liabilities to be incurred therein or thereby; 
 (4) the Trustee for 60 days after its
receipt of such notice, request and offer of indemnity, shall have failed to institute any such action, suit or proceeding; and 
 (5) during such 60 day period, the holders of a majority in principal amount of the Notes do not give the Trustee a direction inconsistent with the request. 

(b) Notwithstanding anything contained herein to the contrary, the right of any holder of any Note to receive payment of the principal of
(and premium, if any) and interest on such Note, as therein provided, on or after the respective due dates expressed in such Note (or in the case of redemption, on the redemption date), or to institute suit for the enforcement of any such payment on
or after such respective dates or redemption date, shall not be impaired or affected without the consent of such holder, and by accepting a Note hereunder it is expressly understood, intended and covenanted by the taker and holder of every Note with
every other such taker and holder and the Trustee, that no one or more holders of the Notes shall have any right in any manner whatsoever by virtue or by availing of any provision of this Indenture to affect, disturb or prejudice the rights of the
holders of any other of such Notes, or to obtain or seek to obtain priority over or preference to any other such holder, or to enforce any right under this Indenture, except in the manner herein provided and for the equal, ratable and common benefit
of all holders of the Notes. 
 (c) For the protection and enforcement of the provisions of this Section, each and every
Noteholder and the Trustee shall be entitled to such relief as can be given either at law or in equity. 

  
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 SECTION 6.05. Rights and Remedies Cumulative; Delay or Omission Not Waiver.

 (a) Except as otherwise provided in Section 2.07, all powers and remedies given by this Article to the Trustee or to the
Noteholders shall, to the extent permitted by law, be deemed cumulative and not exclusive of any other powers and remedies available to the Trustee or the holders of the Notes, by judicial proceedings or otherwise, to enforce the performance or
observance of the covenants and agreements contained in this Indenture or otherwise established with respect to such Notes. 

(b) No delay or omission of the Trustee or of any holder of any of the Notes to exercise any right or power accruing upon any Event of
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 on acquiescence therein; and, subject to the provisions of Section 6.04, every power and remedy
given by this Article or by law to the Trustee or the Noteholders may be exercised from time to time, and as often as shall be deemed expedient, by the Trustee or by the Noteholders. 

SECTION 6.06. Control by Noteholders. 
 (a) Subject to Section 6.01(c)(1)(iv), the holders of a majority in aggregate principal amount of the Notes at the time Outstanding, determined in accordance with Section 8.04, shall have the
right to direct the time, method and place of conducting any proceeding for any remedy available to the Trustee, or exercising any trust or power conferred on the Trustee with respect to the Notes; provided, however, that such
direction shall not be in conflict with any rule of law or with this Indenture or be unduly prejudicial to the rights of holders of the Notes at the time Outstanding determined in accordance with Section 8.04. 

(b) Subject to the provisions of Section 7.01, the Trustee shall have the right to decline to follow any such direction if the
Trustee in good faith shall, by a Responsible Officer or Officers of the Trustee, determine that the proceeding so directed would involve the Trustee in personal liability. 
 (c) The holders of a majority in aggregate principal amount of the Notes at the time Outstanding affected thereby, determined in accordance with Section 8.04, may, on behalf of the holders of all of
the Notes, waive any past default in the performance of any of the covenants contained herein with respect to the Notes and its consequences, except a default in the payment of the principal of, or premium, if any, or interest on, any of the Notes
as and when the same shall become due by the terms of the Notes other than by acceleration (unless such default has been cured and a sum sufficient to pay all matured installments of interest and principal and any premium has been deposited with the
Trustee in accordance with Section 6.01(c)). Upon any such waiver, the default covered thereby shall be deemed to be cured for all purposes of this Indenture and the Company, the Trustee and the holders of the Notes shall be restored to their
former positions and rights hereunder, respectively; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon. 

  
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 SECTION 6.07. Undertaking to Pay Costs. 

All parties to this Indenture agree, and each holder of the Notes by such holder’s 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, and that such court may in its discretion assess reasonable costs, including reasonable attorneys’ fees, 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 shall not apply to any suit instituted by the Trustee, to any suit instituted by any Noteholder, or group of Noteholders, holding more than 10% in
aggregate principal amount of the Outstanding Notes, or to any suit instituted by any Noteholder for the enforcement of the payment of the principal of (or premium, if any) or interest on any Notes, on or after the respective due dates expressed in
such Note or established pursuant to this Indenture. 
 ARTICLE VII 

CONCERNING THE TRUSTEE 
 SECTION 7.01. Certain Duties and Responsibilities of Trustee. 
 (a)
The Trustee, prior to the occurrence of an Event of Default with respect to the Notes and after the curing of all Events of Default with respect to the Notes that may have occurred, shall undertake to perform with respect to the Notes such duties
and only such duties as are specifically set forth in this Indenture, and no implied covenants shall be read into this Indenture against the Trustee. In case an Event of Default with respect to the Notes has occurred (that has not been cured or
waived), the Trustee shall exercise with respect to the Notes 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. 
 (b) Within ninety (90) days after the occurrence of an Event of Default with respect
to the Notes, the Trustee shall give to the holders of the Notes, as provided in Section 313(c) of the Trust Indenture Act, notice of each default with respect to the Notes actually known to a Responsible Officer of the Trustee, unless such
Event of Default shall have been cured before the giving of such notice; but, unless such default be the failure to pay the principal of, or premium, if any, or interest on any of the Notes when and as the same shall become payable, the Trustee
shall be protected in withholding such notice, if and so long as the board of directors, the executive committee or a trust committee of directors or Responsible Officers of the Trustee in good faith determine that the withholding of such notice is
in the interests of the holders of the Notes. 

  
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 (c) No provision of this Indenture shall be construed to relieve the Trustee from liability
for its own negligent action, its own negligent failure to act, or its own willful misconduct, except that: 

(1) prior to the occurrence of an Event of Default with respect to the Notes and after the curing or waiving of all such
Events of Default that may have occurred: 
 (i) the duties and obligations of the Trustee shall be determined
solely by the express provisions of this Indenture, and the Trustee shall not be liable with respect to the Notes except for the performance of such duties and obligations as are specifically set forth in this Indenture, and no implied covenants or
obligations shall be read into this Indenture against the Trustee; and 
 (ii) in the absence of bad faith on
the part of the Trustee, the Trustee may with respect to the Notes 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 that 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 requirement of this Indenture; 
 (2) the Trustee shall not be liable for any
error of judgment made in good faith by a Responsible Officer or Responsible Officers of the Trustee, unless it shall be proved that the Trustee was negligent in ascertaining the pertinent facts; 

(3) the Trustee shall not be liable with respect to any action taken or omitted to be taken by it in good faith in
accordance with the direction of the holders of not less than a majority in principal amount of the Notes at the time Outstanding relating to the time, method and place of conducting any proceeding for any remedy available to the Trustee, or
exercising any trust or power conferred upon the Trustee under this Indenture with respect to the Notes; and 

(4) None of the provisions contained in this Indenture shall require the Trustee to expend or risk its own funds or
otherwise incur personal financial liability in the performance of any of its duties or in the exercise of any of its rights or powers, if there is reasonable ground for believing that the repayment of such funds or liability is not reasonably
assured to it under the terms of this Indenture or adequate indemnity against such risk is not reasonably assured to it. 

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, consent, order, approval, bond, security or other paper or document believed by it to be genuine and to
have been signed or presented by the proper party or parties; 
 (b) any request, direction, order or demand of the Company
mentioned herein shall be sufficiently evidenced by a Board Resolution or an instrument signed in the name of the 

  
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Company, by the Chairman of the Board of Directors, the Chief Executive Officer, the President or any Vice President and by the Treasurer or an Assistant Treasurer, or the Controller or an
Assistant Controller, or the Secretary or an Assistant Secretary thereof (unless other evidence in respect thereof is specifically prescribed herein); 
 (c) the Trustee may consult with counsel and the written 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 hereunder in good faith and in reliance thereon; 
 (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 Noteholders, pursuant to the provisions of this Indenture, unless such Noteholders shall have offered to the Trustee reasonable security or
indemnity against the costs, expenses and liabilities that may be incurred therein or thereby; 
 (e) the Trustee shall not be
liable for any action taken or omitted to be taken by it in good faith and believed by it to be authorized or within the discretion or rights or powers conferred upon it by this Indenture; 

(f) the Trustee shall not be bound to make any investigation into the facts or matters stated in any resolution, certificate, statement,
instrument, opinion, report, notice, request, consent, order, approval, bond, security, or other papers or documents, unless requested in writing so to do by the holders of not less than a majority in principal amount of the Outstanding Notes
affected thereby (determined as provided in Section 8.04); 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, in the opinion of the Trustee, not 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. The reasonable expense of every such examination shall be paid by the Company or, if paid by the Trustee, shall be repaid by the Company 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 with due care by it hereunder; 
 (h) the Trustee shall be under no obligation to exercise any of the rights or powers vested in it by this Indenture at the request or direction of any of the Noteholders pursuant to this Indenture, unless
such Noteholders shall have offered to the Trustee security or indemnity reasonably satisfactory to it against the costs, expenses and liabilities which might be incurred by it in compliance with such request or direction; 

(i) the rights, privileges, protections, immunities and benefits given to the Trustee, including, without limitation, its right to be
indemnified, are extended to, and shall be enforceable by, the Trustee in each of its capacities hereunder and to its agents; 

  
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 (j) the Trustee shall not be liable for any action taken, suffered, or omitted to be taken
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; 
 (k) anything in this Indenture notwithstanding, in no event shall the Trustee be responsible or liable for special, indirect, punitive or consequential loss or damage of any kind whatsoever (including,
but not limited to, loss of profit) irrespective of whether the Trustee has been advised of the likelihood of such loss or damage and regardless of the form of action; 
 (l) in no event shall the Trustee be responsible or liable for any failure or delay in the performance of its obligations hereunder arising out of or caused by, directly or indirectly, forces beyond its
control, including, without limitation, strikes, work stoppages, accidents, acts of war or terrorism, civil or military disturbances, nuclear or natural catastrophes or acts of God, and interruptions, loss or malfunctions of utilities,
communications or computer (software and hardware) services (it being understood that the Trustee shall use reasonable efforts which are consistent with accepted practices in the banking industry to resume performance as soon as practicable under
the circumstances); 
 (m) the Trustee shall not be deemed to have notice of any Default or Event of Default unless written
notice of such Default or Event of Default, as the case may be, has been received by a Responsible Officer of the Trustee at the Corporate Trust Office of the Trustee, and such notice references the Notes and this Indenture; 

(n) the Trustee may request that the Company deliver an Officers’ Certificate setting forth the names of individuals and/or titles
of officers authorized at such time to take specified actions pursuant to this Indenture, which Officers’ Certificate may be signed by any person authorized to sign an Officers’ Certificate, including any person specified as so authorized
in any such certificate previously delivered and not superseded; and 
 (o) the permissive right of the Trustee to take or
refrain from taking action hereunder shall not be construed as a duty. 
 SECTION 7.03. Trustee Not Responsible for
Recitals, Validity of Notes or Application of Proceeds Thereof. 
 (a) The recitals contained herein and in the Notes shall
be taken as the statements of the Company, and the Trustee assumes no responsibility for the correctness of the same. 
 (b) The
Trustee makes no representations as to the validity or sufficiency of this Indenture or of the Notes. 
 (c) The Trustee shall
not be accountable for the use or application by the Company of any of the Notes or of the proceeds of such Notes, or for the use or application of any moneys paid over by the Trustee in accordance with any provision of this Indenture or established
pursuant to Section 2.01, or for the use or application of any moneys received by any paying agent other than the Trustee. 

  
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 SECTION 7.04. May Hold Notes. 

The Trustee or any paying agent or Registrar, in its individual or any other capacity, may become the owner or pledgee of Notes with the
same rights it would have if it were not Trustee, paying agent or Registrar. 
 SECTION 7.05. Moneys 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
except such as it may agree with the Company to pay thereon. 
 SECTION 7.06. Compensation and Reimbursement.

 (a) The Company covenants and agrees to pay to the Trustee, and the Trustee shall be entitled to, such reasonable
compensation as the Company, and the Trustee may from time to time agree in writing, for all services rendered by it in the execution of the trusts hereby created and in the exercise and performance of any of the powers and duties hereunder of the
Trustee, and, except as otherwise expressly provided herein, the Company will pay or reimburse 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 counsel and of all Persons not regularly in its employ) except any such expense, disbursement or advance as may arise from its negligence
or bad faith. The Company also covenants to indemnify the Trustee (and its officers, agents, directors and employees) for, and to hold it harmless against, any loss, liability or expense incurred without negligence or bad faith on the part of the
Trustee and arising out of or in connection with the acceptance or administration of this trust, including the costs and expenses of defending itself against any claim of liability in the premises. 

(b) The obligations of the Company under this Section to compensate and indemnify the Trustee and to pay or reimburse the Trustee for
expenses, disbursements and advances shall constitute additional indebtedness hereunder. Such additional indebtedness shall be secured by a lien prior to that of the Notes upon all property and funds held or collected by the Trustee as such, except
funds held in trust for the benefit of the holders of particular Notes. 
 (c) The provisions of this Section 7.06 shall
survive the satisfaction and discharge of the Notes, resignation or removal of the Trustee and the termination of this Indenture. 
 SECTION 7.07. Reliance on Officers’ Certificate. 
 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 to take 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

  
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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 to be taken by it under the provisions of this Indenture upon the faith thereof. 
 SECTION 7.08. Disqualification; Conflicting Interests. 
 If the
Trustee has or shall acquire any “conflicting interest” within the meaning of Section 310(b) of the Trust Indenture Act, the Trustee and the Company shall in all respects comply with the provisions of Section 310(b) of the Trust
Indenture Act. 
 SECTION 7.09. Corporate Trustee Required; Eligibility. 

(a) There shall at all times be a Trustee with respect to the Notes issued hereunder which shall at all times be a corporation organized
and doing business under the laws of the United States of America or any State or Territory thereof or of the District of Columbia, or a corporation or other Person permitted to act as trustee by the Commission, authorized under such laws to
exercise corporate trust powers, having a combined capital and surplus of at least fifty million U.S. dollars ($50,000,000), and subject to supervision or examination by Federal, State, Territorial, or District of Columbia authority. If such
corporation publishes reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purposes of this Section, the combined capital and surplus of such corporation
shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. 
 (b)
The Company may not, nor may any Person directly or indirectly controlling, controlled by, or under common control with the Company, serve as Trustee. 
 (c) In case at any time the Trustee shall cease to be eligible in accordance with the provisions of this Section, the Trustee shall resign immediately in the manner and with the effect specified in
Section 7.10. 
 SECTION 7.10. Resignation and Removal; Appointment of Successor. 

(a) The Trustee or any successor hereafter appointed, may at any time resign with respect to the Notes by giving written notice thereof
to the Company and by transmitting notice of resignation to the Noteholders in the manner provided in Section 13.03(b). Upon receiving such notice of resignation, the Company shall promptly appoint a successor trustee with respect to the Notes
by written instrument, in duplicate, executed by order of the Board of Directors, one copy of which instrument shall be delivered to the resigning Trustee and one copy to the successor trustee. If no successor trustee shall have been so appointed
and have accepted appointment within 30 days after the giving of such notice of resignation, (1) the resigning Trustee may at the expense of the Company petition any court of competent jurisdiction for the appointment of a successor trustee
with respect to the Notes or (2) any Noteholder who has been a bona fide holder of a Note or Notes for at least six months may, on behalf of himself and all others similarly situated, petition any such court for the appointment of
a successor trustee, upon which such court may after such notice, if any, as it may deem proper and prescribe, appoint a successor trustee. 

  
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 (b) In case at any time any one of the following shall occur: 

(1) the Trustee shall fail to comply with the provisions of Section 7.08 after written request therefor by the
Company or by any Noteholder who has been a bona fide holder of a Note or Notes for at least six months; or 
 (2) the Trustee shall cease to be eligible in accordance with the provisions of Section 7.09 and shall fail to resign after written request therefor by the Company or by any such Noteholder; or

 (3) the Trustee shall become incapable of acting, or shall be adjudged a bankrupt or insolvent, or commence a
voluntary bankruptcy proceeding, or a receiver of the Trustee or of its property shall be appointed or consented to, or any public officer shall take charge or control of the Trustee or of its property or affairs for the purpose of rehabilitation,
conservation or liquidation, then, in any such case, (i) the Company may remove the Trustee and appoint a successor trustee by written instrument, in duplicate, executed by order of the Board of Directors, one copy of which instrument shall be
delivered to the Trustee so removed and one copy to the successor trustee, or, unless the Trustee’s duty to resign is stayed as provided herein or (ii) any Noteholder who has been a bona fide holder of a Note or Notes for at
least six months may, on behalf of that holder and all others similarly situated, petition any court of competent jurisdiction for the removal of the Trustee and the appointment of a successor trustee, upon which such court may after such notice, if
any, as it may deem proper and prescribe, remove the Trustee and appoint a successor trustee. 
 (c) If the Trustee for the
Notes shall resign, be removed or become incapable of acting, or if a vacancy shall occur in the office of the Trustee for the Notes for any cause, the Company, by written instrument executed by order of the Board of Directors, shall promptly
appoint a successor Trustee with respect to the Notes and shall comply with the applicable requirements of Section 7.11. If, within one year after such resignation, removal or incapability, or the occurrence of such vacancy, a successor Trustee
with respect to the Notes shall have not been appointed by the Company pursuant to this Section, then holders of a majority in aggregate principal amount of the Notes at the time Outstanding may appoint a successor Trustee by notifying the Company
and the retiring Trustee. If no successor Trustee for the Notes shall have been so appointed by the Company or the Noteholders and shall have accepted appointment in the manner required by Section 7.11, and if such Trustee to be replaced is
still incapable of acting, any Noteholder who has been a bona fide holder of a Note or Note for at least six months, on behalf of that holder and all others similarly situated, or the retiring Trustee, at the Company’s expense,
may petition any court of competent jurisdiction for the appointment of a successor trustee, upon which such court may after such notice, if any, as it may deem proper and prescribe, appoint a successor trustee. 

(d) The holders of a majority in aggregate principal amount of the Notes at the time Outstanding may at any time remove the Trustee by so
notifying the Trustee and the Company and may appoint a successor Trustee with the consent of the Company. 

  
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 (e) Any resignation or removal of the Trustee and appointment of a successor trustee with
respect to the Notes pursuant to any of the provisions of this Section shall become effective upon acceptance of appointment by the successor trustee as provided in Section 7.11. 

(f) Any successor trustee appointed pursuant to this Section may be appointed with respect to the Notes, and at any time there shall be
only one Trustee with respect to the Notes. 
 SECTION 7.11. Acceptance of Appointment By Successor. 

(a) In case of the appointment hereunder of a successor trustee with respect to all Notes, every such successor trustee so appointed
shall execute, acknowledge and deliver to the Company and to the retiring Trustee an instrument accepting such appointment, and thereupon the resignation or removal of the retiring Trustee shall become effective and such successor trustee, without
any further act, deed or conveyance, shall become vested with all the rights, powers, trusts and duties of the retiring Trustee; but, on the request of the Company or the successor trustee, such retiring Trustee shall, upon payment of its charges,
execute and deliver an instrument transferring to such successor trustee all the rights, powers, and trusts of the retiring Trustee and shall duly assign, transfer and deliver to such successor trustee all property and money held by such retiring
Trustee hereunder. 
 (b) In case of the appointment hereunder of a successor trustee with respect to the Notes, the Company,
the retiring Trustee and each successor trustee with respect to the Notes shall execute and deliver an indenture supplemental hereto wherein each successor trustee shall accept such appointment and which shall: 

(1) contain such provisions as shall be necessary or desirable to transfer and confirm to, and to vest in, each successor
trustee all the rights, powers, trusts and duties of the retiring Trustee with respect to the Notes to which the appointment of such successor trustee relates; 
 (2) contain such provisions as shall be deemed necessary or desirable to confirm that all the rights, powers, trusts and duties of the retiring Trustee with respect to the Notes as to which the retiring
Trustee is not retiring shall continue to be vested in the retiring Trustee; and 
 (3) 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, that each such Trustee shall be trustee of a trust or trusts hereunder separate and apart from any trust or trusts hereunder administered by any other such Trustee and that no Trustee shall be responsible for
any act or failure to act on the part of any other Trustee hereunder. 
 Upon the execution and delivery of such supplemental
indenture, the resignation or removal of the retiring Trustee shall become effective to the extent provided therein, such retiring Trustee shall with respect to the Notes to which the appointment of such successor

  
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trustee relates have no further responsibility for the exercise of rights and powers or for the performance of the duties and obligations vested in the Trustee under this Indenture, and each such
successor trustee, without any further act, deed or conveyance, shall become vested with all the rights, powers, trusts and duties of the retiring Trustee with respect to the Notes to which the appointment of such successor trustee relates; but, on
request of the Company or any successor trustee, such retiring Trustee shall duly assign, transfer and deliver to such successor trustee, to the extent contemplated by such supplemental indenture, the property and money held by such retiring Trustee
hereunder with respect to the Notes to which the appointment of such successor trustee relates. 
 (c) Upon request of any such
successor trustee, the Company shall execute any and all instruments for more fully and certainly vesting in and confirming to such successor trustee all such rights, powers and trusts referred to in paragraph (a) or (b) of this Section,
as the case may be. 
 (d) No successor trustee shall accept its appointment unless at the time of such acceptance such
successor trustee shall be qualified and eligible under this Article. 
 (e) Upon acceptance of appointment by a successor
trustee as provided in this Section, the Company shall transmit notice of the succession of such trustee hereunder to the Noteholders in the manner provided in Section 13.03(b). If the Company fails to transmit such notice within ten days after
acceptance of appointment by the successor trustee, the successor trustee shall cause such notice to be transmitted at the expense of the Company. 
 SECTION 7.12. Merger, Conversion, Consolidation or Succession to Business. 
 Any corporation into which the Trustee may be merged or converted or with which it may be consolidated, or any corporation resulting from any merger, conversion or consolidation to which the Trustee shall
be a party, or any corporation succeeding to the corporate trust business of the Trustee, shall be the successor of the Trustee hereunder, provided that such corporation shall be qualified under the provisions of Section 7.08 and eligible under
the provisions of Section 7.09, without the execution or filing of any paper or any further act on the part of any of the parties hereto, anything herein to the contrary notwithstanding. In case any Notes shall have been authenticated, but not
delivered, by the Trustee then in office, any successor by merger, conversion or consolidation to such authenticating Trustee may adopt such authentication and deliver the Notes so authenticated with the same effect as if such successor Trustee had
itself authenticated such Notes. 
 SECTION 7.13. Preferential Collection of Claims Against the Company. 

The Trustee shall comply with Section 311(a) of the Trust Indenture Act, excluding any creditor relationship described in
Section 311(b) of the Trust Indenture Act. A Trustee who has resigned or been removed shall be subject to Section 311(a) of the Trust Indenture Act to the extent included therein. 

  
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 ARTICLE VIII 
 CONCERNING THE NOTEHOLDERS 
 SECTION 8.01. Evidence of Action by
Noteholders. 
 (a) Whenever in this Indenture it is provided that the holders of a majority or specified percentage in
aggregate principal amount of the Notes may take any action (including the making of any demand or request, the giving of any notice, consent or waiver or the taking of any other action), the fact that at the time of taking any such action the
holders of such majority or specified percentage have joined therein may be evidenced by any instrument or any number of instruments of similar tenor executed by such holders of the Notes in Person or by agent or proxy appointed in writing.

 (b) If the Company shall solicit from the Noteholders any request, demand, authorization, direction, notice, consent, waiver
or other action, the Company may, at its option, as evidenced by an Officers’ Certificate, fix in advance a record date for the determination of Noteholders entitled to give such request, demand, authorization, direction, notice, consent,
waiver or other action, but the Company shall have no obligation to do so. If such a record date is fixed, such request, demand, authorization, direction, notice, consent, waiver or other action may be given before or after the record date, but only
the Noteholders of record at the close of business on the record date shall be deemed to be Noteholders for the purposes of determining whether Noteholders of the requisite proportion of Outstanding Notes have authorized or agreed or consented to
such request, demand, authorization, direction, notice, consent, waiver or other action, and for that purpose the Outstanding Notes shall be computed as of the record date; provided, however, that no such authorization, agreement or
consent by such Noteholders on the record date shall be deemed effective unless it shall become effective pursuant to the provisions of this Indenture not later than six months after the record date. 

SECTION 8.02. Proof of Execution by Noteholders. 
 Subject to the provisions of Section 7.01, proof of the execution of any instrument by a Noteholder (such proof will not require notarization) or his agent or proxy and proof of the holding by any
Person of any of the Notes shall be sufficient if made in the following manner: 
 (a) The fact and date of the execution by any
such Person of any instrument may be proved in any reasonable manner acceptable to the Trustee. 
 (b) The ownership of Notes
shall be proved by the Note Register of such Notes or by a certificate of the Registrar thereof. 
 (c) The Trustee may require
such additional proof of any matter referred to in this Section as it shall deem necessary. 
 SECTION 8.03. Who May be
Deemed Owners. 
 Prior to the due presentment for registration of transfer of any Note, the Company, the Trustee, any
paying agent and any Registrar may deem and treat the Person in 

  
 43 

 
whose name such Note shall be registered upon the books of the Company as the absolute owner of such Note (whether or not such Note shall be overdue and notwithstanding any notice of ownership or
writing thereon made by anyone other than the Registrar) for the purpose of receiving payment of or on account of the principal of, premium, if any, and (subject to Section 2.03) interest on such Note and for all other purposes; and neither the
Company nor the Trustee nor any paying agent nor any Registrar shall be affected by any notice to the contrary. 
 So long as
DTC or its nominee is the registered owner of a Global Note, DTC or its nominee, as the case may be, shall be considered the sole owner or holder of the Notes represented by such Global Note for all purposes under this Indenture and under the Notes.
Ownership of beneficial interests in such Global Note shall be shown on, and transfers thereof will be effective only through, records maintained by DTC (with respect to beneficial interests of Participants) or by Participants or Persons that hold
interests through Participants (with respect to beneficial interests of beneficial owners). 
 SECTION 8.04. Certain
Notes Owned by Company Disregarded. 
 In determining whether the holders of the requisite aggregate principal amount of the
Notes have concurred in any direction, consent of waiver under this Indenture, the Notes that are owned by the Company or any other obligor on the Notes or by any Person directly or indirectly controlling or controlled by or under common control
with the Company or any other obligor on the Notes shall be disregarded and deemed not to be Outstanding for the purpose of any such determination, except that for the purpose of determining whether the Trustee shall be protected in relying on any
such direction, consent or waiver, only Notes that the Trustee actually knows are so owned shall be so disregarded. The Notes so owned that have been pledged in good faith may be regarded as Outstanding for the purposes of this Section, if the
pledgee shall establish to the satisfaction of the Trustee the pledgee’s right so to act with respect to such Notes and that the pledgee is not a Person directly or indirectly controlling or controlled by or under direct or indirect common
control with the Company or any such other obligor. In case of a dispute as to such right, any decision by the Trustee taken upon the advice of counsel shall be full protection to the Trustee. 

SECTION 8.05. Actions Binding on Future Noteholders. 

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 majority or percentage in aggregate principal amount of the Notes specified in this Indenture in connection with such action, any holder of a Note that is shown by the evidence to be included in the Notes the holders of which have
consented to such action may, by filing written notice with the Trustee, and upon proof of holding as provided in Section 8.02, revoke such action so far as concerns such Note. Except as aforesaid any such action taken by the holder of any Note
shall be conclusive and binding upon such holder and upon all future holders and owners of such Note, and of any Note issued in exchange therefor, on registration of transfer thereof or in place thereof, irrespective of whether or not any notation
in regard thereto is made upon such Note. Any action taken by the holders of the majority or percentage in aggregate principal amount of the Notes specified in this Indenture in connection with such action shall be conclusively binding upon the
Company, the Trustee and the holders of all the Notes. 

  
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 ARTICLE IX 
 SUPPLEMENTAL INDENTURES 
 SECTION 9.01. Consent, Waiver or
Amendment Without the Consent of Noteholders. 
 (a) The Company and the Trustee may amend, waive, supplement or otherwise
modify this Indenture, the Notes, individually or collectively, or any other agreement or instrument entered into in connection with this Indenture without notice to or consent of any Noteholder, for one or more of the following purposes:

 (1) to cure any ambiguity, mistake or inconsistency in the indenture; or to correct or supplement any
provision contained herein or in any supplemental indenture which may be defective or inconsistent with any other provision contained herein or in any supplemental indenture; or to make such other provisions in regard to matters or questions arising
under this Indenture or under any supplemental indenture as the Board of Directors may deem necessary or desirable and which shall not materially and adversely affect the interests of the holders of the Notes; 

(2) evidence the succession of another corporation to the Company, or successive successions and the assumption by the
successor corporation of the covenants, agreements and obligations of the Company pursuant to Article X; 
 (3)
to provide for uncertificated Notes in addition to or in place of certificated Notes; 
 (4) to add to the
covenants of the Company for the benefit of the holders of the Notes or to surrender any right or power herein conferred upon the Company; 
 (5) to add to, delete from, or revise the conditions, limitations, and restrictions on the authorized amount, terms, or purposes of issue, authentication, and delivery of Notes, as herein set forth;

 (6) to make any change that does not adversely affect the rights of any Noteholder in any material respect;

 (7) to provide for the issuance of Additional Notes as provided in Section 2.01, to establish the form of
any certifications required to be furnished pursuant to the terms of this Indenture or to add to the rights of the holders of the Notes; 
 (8) to add or change CUSIP numbers or other Identifying Numbers of the Notes upon notice to holders of such Notes; 

  
 45 

 (9) to remove any legends placed on a Note in accordance with this
Indenture; 
 (10) to secure the Notes pursuant to the requirements of Section 4.05; 

(11) to add any additional Events of Default; 

(12) to change or eliminate any of the provisions of this Indenture; provided that any such change or elimination shall
become effective only when there is no Note Outstanding created prior to the execution of such supplemental indenture which is entitled to the benefit of such provision; and 

(13) to evidence and provide for the acceptance of appointment hereunder by a successor Trustee with respect to the Notes
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 the one Trustee, pursuant to the requirements of Section 7.11.

 (b) The Trustee is hereby authorized to join with the Company in the execution of any such supplemental indenture, and to
make any further appropriate agreements and stipulations that may be therein contained, but the Trustee shall not be obligated to enter into any such supplemental indenture that affects the Trustee’s own rights, duties or immunities under this
Indenture or otherwise. 
 (c) Any supplemental indenture authorized by the provisions of this Section may be executed by the
Company and the Trustee without the consent of the holders of any of the Notes at the time Outstanding, notwithstanding any of the provisions of Section 9.02. 
 SECTION 9.02. Supplemental Indentures With Consent of Noteholders. 

(a) 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 Notes affected by such supplemental indenture or indentures at the time Outstanding, the Company, when authorized by resolution of its Board of Directors, and the Trustee may from time to time and at any time enter into an indenture or
indentures supplemental hereto for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of this Indenture or of any supplemental indenture or of modifying in any manner not covered by
Section 9.01 the rights of the holders of the Notes under this Indenture; provided, however, that no such supplemental indenture shall, without the consent of the holders of each Note then Outstanding and affected thereby:

 (1) extend the fixed maturity of the Notes; 

(2) reduce the principal amount thereof; 

(3) reduce the rate or extend the time of payment of interest thereon; 

(4) reduce any premium payable upon the redemption thereof or; 

  
 46 

 (5) reduce the aforesaid percentage of Notes, the holders of which are
required to consent to any such supplemental indenture; 
 (6) modify the right of any holder to receive or sue
for payment of principal, premium or interest that would be due at the stated maturity therefor; or 
 (7)
expressly subordinate the obligations of the Notes to other indebtedness of the Company. 
 (b) A supplemental indenture that
changes or eliminates any covenant or other provision of this Indenture that has expressly been included solely for the benefit of the Notes, or that modifies the rights of the holders of the Notes with respect to such covenant or other provision,
shall be deemed not to affect the rights under this Indenture of the holders of the Notes. 
 It shall not be necessary for the
consent of the Noteholders affected under this Section to approve the particular form of any proposed supplemental indenture, but it shall be sufficient if such consent shall approve the substance thereof. 

SECTION 9.03. Effect of Supplemental Indentures. 
 Upon the execution of any supplemental indenture pursuant to the provisions of this Article or of Section 10.01, 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 Company and the holders of the Notes shall thereafter be determined, exercised and enforced hereunder subject in
all respects to such modifications and amendments, and all the terms and conditions of any such supplemental indenture shall be and be deemed to be part of the terms and conditions of this Indenture for any and all purposes. 

SECTION 9.04. Notes Affected by Supplemental Indentures. 

Notes affected by a supplemental indenture, authenticated and delivered after the execution of such supplemental indenture pursuant to
the provisions of this Article or of Section 10.01 may bear a notation in form approved by the Company, provided that such form meets the requirements of any exchange upon which the Notes may be listed, as to any matter provided for in
such supplemental indenture. 
 If the Company shall so determine, new Notes so modified as to conform, in the opinion of the
Board of Directors of the Company, to any modification of this Indenture contained in any such supplemental indenture may be prepared by the Company, authenticated by the Trustee and delivered in exchange for the Notes then Outstanding. 

SECTION 9.05. Conformity with Trust Indenture Act. 
 Every supplemental indenture executed pursuant to this Section shall conform to the requirements of the Trust Indenture Act as then in effect. 

  
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 SECTION 9.06. Execution of Supplemental Indentures. 

(a) Upon the request of the Company, accompanied by its Board Resolutions authorizing the execution of any such supplemental indenture,
and upon the filing with the Trustee of evidence of the consent of Noteholders, if required to consent thereto as aforesaid, the Trustee shall join with the Company in the execution of such supplemental indenture unless such supplemental indenture
affects the Trustee’s own rights, duties or immunities under this Indenture or otherwise, in which case the Trustee may in its discretion but shall not be obligated to enter into such supplemental indenture. 

(b) In executing, or accepting the additional trusts created by, any supplemental indenture permitted by this Article IX or the
modifications thereby of the trusts created by this Indenture, the Trustee shall be entitled to receive, and, subject to the provisions of Section 7.01, shall be fully protected in relying upon, in addition to the documents required by
Section 13.06, an Opinion of Counsel and an Officers’ Certificate, each stating that the execution of such supplemental indenture is authorized or permitted by this Indenture and that all conditions precedent in this Indenture to the
execution of such supplemental indenture, if any, have been complied with. The Trustee may, but 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. 
 (c) Promptly after the execution by the Company and the Trustee of any supplemental indenture
pursuant to the provisions of this Section, the Company shall transmit in a manner consistent with Section 13.03(b), a notice, setting forth in general terms the substance of such supplemental indenture, to the Noteholders affected thereby. Any
failure of the Trustee to mail such notice, or any defect therein, shall not, however, in any way impair or affect the validity of any such supplemental indenture. 
 ARTICLE X 
 SUCCESSOR CORPORATION 

SECTION 10.01. Company May Consolidate, Etc. 
 Nothing contained in this Indenture or in the Notes shall prevent any consolidation or merger of the Company with or into any other corporation or corporations (whether or not Affiliated with the Company)
or successive consolidations or mergers in which the Company or its successor or successors shall be a party or parties, or shall prevent any sale, conveyance, transfer or other disposition of the property of the Company or its successor or
successors as an entirety, or substantially as an entirety, to any other corporation (whether or not Affiliated with the Company or its successor or successors) authorized to acquire and operate the same; provided, however, the Company
hereby covenants and agrees that, upon any such consolidation, merger, sale, conveyance, transfer or other disposition, the due and punctual payment of the principal of (premium, if any) and interest on the Notes in accordance with the terms of the
Notes, according to their tenor and the due and punctual performance and observance of all the covenants and conditions of this Indenture to be kept or performed by the Company shall be expressly assumed, by supplemental indenture (which shall
conform to the 

  
 48 

 
provisions of the Trust Indenture Act, as then in effect) satisfactory in form to the Trustee executed and delivered to the Trustee by the entity formed by such consolidation, or into which the
Company shall have been merged, or by the entity which shall have acquired such property. 
 SECTION 10.02. Successor
Corporation Substituted. 
 (a) In case of any such consolidation, merger, sale, conveyance, transfer or other disposition
and upon the assumption by the successor corporation, by supplemental indenture, executed and delivered to the Trustee and satisfactory in form to the Trustee, of the due and punctual payment of the principal of, premium, if any, and interest on the
Notes Outstanding and the due and punctual performance of all of the covenants and conditions of this Indenture to be performed by the Company, such successor corporation shall succeed to and be substituted for the Company with the same effect as if
it had been named as the Company herein, and thereupon the predecessor corporation shall be relieved of all obligations and covenants under this Indenture and the Notes. 
 (b) In case of any such consolidation, merger, sale, conveyance, transfer or other disposition such changes in phraseology and form (but not in substance) may be made in the Notes thereafter to be issued
as may be appropriate. 
 (c) Nothing contained in this Indenture or in any of the Notes shall prevent the Company from merging
into itself or acquiring by purchase or otherwise all or any part of the property of any other Person (whether or not Affiliated with the Company). 
 SECTION 10.03. Evidence of Consolidation, Etc. to Trustee. 
 The
Trustee, subject to the provisions of Section 7.01, shall be provided an Officers’ Certificate and an Opinion of Counsel as conclusive evidence that any such consolidation, merger, sale, conveyance, transfer or other disposition, any such
assumption, and any supplemental indenture relating thereto comply with the provisions of this Article and that all conditions precedent provided for in this Indenture relating to such transaction have been complied with. 

ARTICLE XI 

SATISFACTION AND DISCHARGE AND DEFEASANCE 
 SECTION 11.01. Satisfaction and Discharge of Indenture. 
 (a) If at
any time: 
 (1) the Company shall have delivered to the Trustee for cancellation all Notes theretofore
authenticated (other than any Notes that shall have been destroyed, lost or stolen and that shall have been replaced or paid as provided in Section 2.07 and Notes for whose payment money or Governmental Obligations have theretofore been
deposited in trust or segregated and held in trust by the Company and thereupon repaid to the Company or discharged from such trust, as provided in Section 11.05); or 

  
 49 

 (2) all such Notes not theretofore delivered to the Trustee for cancellation
(i) shall have become due and payable, 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
(ii) the Company shall (A) deposit or cause to be deposited with the Trustee as trust funds the entire amount in moneys or Governmental Obligations sufficient or a combination thereof, sufficient in the opinion of a nationally recognized
firm of independent public accountants expressed in a written certification thereof delivered to the Trustee, to pay at maturity or upon redemption all Notes not theretofore delivered to the Trustee for cancellation, including principal (and
premium, if any) and interest due or to become due to such date of maturity or date fixed for redemption, as the case may be; (B) pay or cause to be paid all other sums payable hereunder by the Company; and (C) deliver an Officer’s
Certificate and an Opinion of Counsel, each stating that all conditions precedent herein provided for relating to the satisfaction and discharge of this Indenture have been complied with, 

then this Indenture shall thereupon cease to be of further effect, and the Trustee, on demand of the Company and at the cost and expense
of the Company, shall execute proper instruments acknowledging satisfaction of and discharging this Indenture. 
 (b)
Notwithstanding the foregoing, the provisions of Sections 2.03, 2.05, 2.07, 4.01, 4.02, 4.03 and 7.10 shall survive until the date of maturity or redemption date, as the case may be, and Sections 7.06 and 11.05 shall survive to such date and
thereafter. 
 SECTION 11.02. Defeasance and Covenant Defeasance. 

In addition to discharge of this Indenture pursuant to Section 11.01, if this Section is specified, as contemplated by
Section 2.01, to be applicable to the Notes, the Company may at its option elect at any time either to effect: (i) a defeasance and discharge of the Notes under (a) below; or (ii) a covenant defeasance of the Notes under
(b) below; in each case upon compliance with the applicable conditions set forth in (b). 
 (a) Upon election by the
Company to effect a defeasance and discharge of the Notes under this (a) and satisfaction of the conditions precedent set forth in (b) with respect to the Notes, the Company shall be deemed to have paid and discharged the Notes and the
Company shall be deemed to have satisfied all its other obligations under such Notes and all its other obligations relating to such Notes under the Indenture, except for Sections 2.03, 2.05, 2.07, 4.01, 4.02, 4.03, 7.06, 7.10 and 11.05 of the
Indenture that shall survive until the Notes mature and are paid. Thereafter, Sections 7.06 and 11.05 of this Indenture shall survive with respect to the Notes. 
 (b) Upon election by the Company to effect a covenant defeasance with respect to the Notes under this (b), the Company shall be released from its obligations under Sections 4.05 and 4.06 of this Indenture
and any covenants made applicable to the Notes which are subject to defeasance under the terms of any indenture supplemental hereto or the terms otherwise established with respect to such Notes pursuant to Section 2.01 hereof on or after the

  
 50 

 
date the conditions precedent set forth in (b) are satisfied (hereinafter, “covenant defeasance”). For this purpose, such covenant defeasance means that the Company may omit
to comply with and shall have no liability in respect of any term, condition or limitation set forth in Sections 4.05 or 4.06 of this Indenture or in any other covenant applicable which is subject to defeasance under the terms of an indenture
supplemental hereto or the terms otherwise established pursuant to Section 2.01 hereof. 
 (c) The following shall be
conditions precedent to the application of Sections 11.02(a) and 11.02(b): 
 (1) with respect to
Section 11.02(a) or Section 11.02(b) the Company shall have deposited or cause to be deposited irrevocably with the Trustee, as trust funds in trust for the purpose of making the following payments and specifically pledged as security for
and dedicated solely to the benefit of the holders of the Notes to be defeased, cash in U.S. dollars (or such other money or currencies as shall then be legal tender in the United States) and/or Governmental Obligations, which through the scheduled
payment of interest and principal in respect thereof, in accordance with their terms, will be provided (and without reinvestment and assuming no tax liability will be imposed on the Trustee), not later than one day before the due date of any payment
of money, an amount in cash, sufficient, in the opinion of a nationally recognized firm of independent certified public accountants expressed in a written certification thereof delivered to the Trustee, to discharge principal (including premium, if
any) and interest on such Notes on the stated maturity of such principal or installment of principal or interest on the dates on which such installments of principal and interest are due, in accordance with the terms of this Indenture, any indenture
supplemental thereto entered into pursuant to Section 2.01 with respect to such Notes, and such Notes; 

(2) in the case of defeasance under Section 11.02(a), the Company shall have delivered to the Trustee an Opinion of
Counsel based on the fact that (A) the Company has received from, or there has been published by, the Internal Revenue Service a ruling (which ruling may be, but need not be, issued with respect to the Company) or (B) since the date of
this Indenture, there has been a change in the applicable United States federal income tax law, in either case to the effect that, and such opinion shall confirm that, the holders of the Outstanding Notes will not recognize income, gain or loss for
United States federal income tax purposes as a result of such deposit, defeasance and discharge and will be subject to United States federal income tax on the same amount and in the same manner and at the same times as would have been the case if
such deposit, defeasance and discharge had not occurred; 
 (3) in the case of covenant defeasance under
Section 11.01(b), the Company shall have delivered to the Trustee an Opinion of Counsel to the effect that, and such opinion shall confirm that, the holders of the Outstanding Notes will not recognize income, gain or loss for United States
federal income tax purposes as a result of such deposit and covenant defeasance and will be subject to United States federal income tax on the same amount and in the same manner and at the same times as would have been the case if such deposit and
covenant defeasance had not occurred; 

  
 51 

 (4) no Event of Default or Default with respect to the Notes to be defeased
shall have occurred and be continuing on the date of such deposit, and no such Event of Default under Sections 6.01(a)(4) or (5) or event which with the giving of notice or lapse of time, or both, would become such an Event of Default under
Sections 6.01(a)(4) or (5) shall have occurred and be continuing on the 91st day after such date or, if longer, ending on the day following the expiration of the longest preference period applicable to the Company in respect of such deposit (it
being understood that this condition of this subsection (4) shall not be deemed satisfied until the expiration of such period); 
 (5) such deposit and defeasance or covenant defeasance will not result in a breach or violation of, or constitute a default under, this Indenture or any other agreement or instrument to which the Company
is a party or by which it is bound; 
 (6) the Company has delivered to the Trustee an Officers’ Certificate
and an Opinion of Counsel, each stating that all conditions precedent provided for relating to either the defeasance and discharge under Section 11.02(a) or the covenant defeasance under Section 11.02(b) (as the case may be) have been
complied with; 
 (7) such defeasance and discharge or covenant defeasance will not cause the Trustee to have a
conflicting interest as defined in Section 7.08 or for purposes of the Trust Indenture Act with respect to any securities of the Company or result in the trust arising from such deposit to constitute an investment company under the Investment
Company Act of 1940, as amended. or such trust shall be qualified under such act or exempt from regulation thereunder; and 
 (8) the Company has paid or caused to be paid all other sums payable with respect to the Notes to be defeased. 
 SECTION 11.03. Deposited Moneys to be Held in Trust. 
 All moneys or
Governmental Obligations deposited with the Trustee pursuant to Sections 11.01 or 11.02 shall be held in trust and shall be available for payment as due, either directly or through any paying agent (including the Company acting as its own paying
agent), to the holders of the Notes for the payment or redemption of which such moneys or Governmental Obligations have been deposited with the Trustee. 
 SECTION 11.04. Payment of Moneys Held by Paying Agents. 
 In
connection with the satisfaction and discharge of this Indenture, all moneys or Governmental Obligations then held by any paying agent under the provisions of this Indenture shall, upon demand of the Company, be paid to the Trustee and thereupon
such paying agent shall be released from all further liability with respect to such moneys or Governmental Obligations. 

  
 52 

 SECTION 11.05. Repayment to Company. 

Any moneys or Governmental Obligations deposited with any paying agent or the Trustee, or then held by the Company, in trust for payment
of principal of or premium or interest on the Notes that are not applied but remain unclaimed by the holders of such Notes for at least two years after the date upon which the principal of (and premium, if any) or interest on such Notes shall have
respectively become due and payable, shall be repaid to the Company on May 31 of each year or (if then held by the Company) shall be discharged from such trust; and thereupon the paying agent and the Trustee shall be released from all further
liability with respect to such moneys or Governmental Obligations, and the holder of any of the Notes entitled to receive such payment shall thereafter, as an unsecured general creditor, look only to the Company for the payment thereof. 

SECTION 11.06. Reinstatement. 
 If the Trustee or the paying agent is unable to apply any money in accordance with either Section 11.01 or Section 11.02 by reason of any order or judgment of any court or governmental authority
enjoining, restraining, or otherwise prohibiting such application, then the Company’s obligations under the Notes to be defeased shall be revived and reinstated as though no deposit had occurred pursuant to this Article XI until such time as
the Trustee or paying agent is permitted to apply all such money in accordance with Section 11.01 or Section 11.02; provided, however, that if the Company makes any payment of principal of (and premium, if any) or interest on
any such Notes following the reinstatement of its obligations, the Company shall be subrogated to the rights of the holders of such Notes to receive such payment from the money held by the Trustee or paying agent. 

SECTION 11.07. Other Coin or Currency Units. 
 Notwithstanding the foregoing provisions of this Article, if the Notes are payable in a coin or currency or currency unit other than such coin or currency of the United States of America as at the time of
payment is legal tender for payment of public or private debts, the coin or currency or currency unit or the nature of the government obligations to be deposited with the Trustee under the foregoing provisions of this Article shall be set forth in
the Officers’ Certificate. 
 ARTICLE XII 
 IMMUNITY OF INCORPORATORS, STOCKHOLDERS, 
 OFFICERS AND DIRECTORS

 SECTION 12.01. No Recourse. 
 No recourse under or upon any obligation, covenant or agreement of this Indenture, or of any Note, or for any claim based thereon or otherwise in respect thereof, shall be had against any incorporator,
stockholder, officer or director, past, present or future as such, of 

  
 53 

 
the Company or of any predecessor or successor corporation, either directly or through the Company or any such predecessor or successor corporation, whether by virtue of any constitution, statute
or rule of law, or by the enforcement of any assessment or penalty or otherwise; it being expressly understood that this Indenture and the obligations issued hereunder are solely corporate obligations, and that no such personal liability whatever
shall attach to, or is or shall be incurred by, the incorporators, stockholders, officers or directors as such, of the Company or of any predecessor or successor corporation, or any of them, because of the creation of the indebtedness hereby
authorized, or under or by reason of the obligations, covenants or agreements contained in this Indenture or in any of the Notes or implied therefrom; and that any and all such personal liability of every name and nature, either at common law or in
equity or by constitution or statute, of, and any and all such rights and claims against, every such incorporator, stockholder, officer or director as such, because of the creation of the indebtedness hereby authorized, or under or by reason of the
obligations, covenants or agreements contained in this Indenture or in any of the Notes or implied therefrom, are hereby expressly waived and released as a condition of, and as a consideration for, the execution of this Indenture and the issuance of
such Notes. 
 ARTICLE XIII 
 MISCELLANEOUS PROVISIONS 
 SECTION 13.01. Effect on Successors and
Assigns. 
 All the covenants, stipulations, promises and agreements in this Indenture contained by or on behalf of the
Company shall bind their respective successors and assigns, whether so expressed or not. 
 SECTION 13.02. Actions by
Successor. 
 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 the Company shall and may be done and performed with like force and effect by the corresponding board, committee or officer of any corporation that shall at the time be the lawful sole successor of the Company.

 SECTION 13.03. Notices. 
 (a) Any request, demand, authorization, direction, notice, consent or waiver or other documents provided or permitted by this Indenture to be made upon, given or furnished to, or filed with: 

(1) the Trustee by any Noteholder or by the Company shall be sufficient for every purpose hereunder (unless otherwise
herein expressly provided) if made, given, furnished or filed in writing (which may be via facsimile) to or with the Trustee at its Corporate Trust Office, or if sent by facsimile transmission, to a facsimile number provided by the Trustee, with a
copy mailed, first class postage prepaid to the Trustee addressed to it as provided above; or 

  
 54 

 (2) the Company by the Trustee or by any Noteholder shall be sufficient for
every purpose hereunder (unless otherwise herein expressly provided) if furnished in writing (which may be via facsimile) and mailed, first class postage prepaid, addressed in the case of the Company to it, to the attention of the Chief Financial
Officer, at International Flavors & Fragrances Inc., 521 West 57th Street, New York, New York 10019-2960 (or at any other address previously furnished in writing to such Trustee by the Company), or if sent by facsimile transmission, to a
facsimile number provided to the Trustee by the Company, with a copy mailed, first class postage prepaid, to the Company addressed to it as provided above. 
 (b) Where this Indenture provides for notice to Noteholders of any event, such notice shall be sufficiently given (unless otherwise herein expressly provided) to holders of the Notes if in writing and
mailed, first class postage prepaid, to each holder affected by such event, at his or her address as it appears in the Note Register, not later than the latest date, and not earlier than the earliest date, prescribed for the giving of such notice.
In any case where notice to holders of the Notes is given by mail, neither the failure to mail such notice, nor any defect in any notice so mailed, to any particular holder of a Note shall affect the sufficiency of such notice with respect to other
holders of the Notes given as provided herein. Any notice mailed in the manner prescribed by this Indenture shall be conclusively deemed to have been given whether or not received by any particular holder. In case by reason of the suspension of
regular mail service or by reason of any other cause it shall be impracticable to give such notice to holders of the Notes by mail, then such notification as shall be made with the reasonable approval of the Trustee for such Notes shall constitute a
sufficient notification for every purpose hereunder. Where this Indenture provides for notice in any manner, such notice may be waived in writing by the Person entitled to receive such notice, either before or after the event, and such waiver shall
be the equivalent of such notice. Waivers of notice by Noteholders shall be filed with the Trustee, but such filing shall not be a condition precedent to the validity of any action taken in reliance upon such waiver. 

SECTION 13.04. Governing Law. 
 This Indenture and each Note shall be governed by, and construed in accordance with, the laws of the State of New York. 
 SECTION 13.05. Treatment of Notes as Debt. 
 It is intended that the
Notes will be treated as indebtedness and not as equity for federal income tax purposes. The provisions of this Indenture shall be interpreted to further this intention. 
 SECTION 13.06. Compliance Certificates and Opinions. 
 (a) Upon any
application or demand by the Company to the Trustee to take any action under any of the provisions of this Indenture or any supplement hereto, the Company, shall furnish to such 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 

  
 55 

 
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 documents is specifically required by any provision of this Indenture relating to such particular application or demand, no additional certificate or opinion need be furnished. 

(b) Each certificate or opinion provided for in this Indenture and delivered to the Trustee with respect to compliance with a condition
or covenant in this Indenture shall include: 
 (1) a statement that the Person making such certificate or
opinion has read such covenant or condition; 
 (2) a brief statement as to the nature and scope of the
examination or investigation upon which the statements or opinions contained in such certificate or opinion are based; 
 (3) a statement that, in the opinion of such Person, 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 
 (4) a statement as to whether or not, in the opinion of such Person,
such condition or covenant has been complied with. 
 SECTION 13.07. Form of Documents Delivered to Trustee.

 In any case where several matters are required to be certified by, or covered by an opinion of, any specified Person, it is
not necessary that all such matters be certified by, or covered by the opinion of, only one such Person, or that they be so certified or covered by only one document, but one such Person may certify or give an opinion with respect to some matters
and one or more other such Persons as to other matters, and any such Person may certify or give an opinion as to such matters in one or several documents. 
 Any certificate or opinion of an officer of the Company may be based, insofar as it relates to legal matters, upon an Opinion of Counsel, or a certificate or representations by, counsel, unless such
officer knows, or in the exercise of reasonable care should know, that the opinion, certificate or representations with respect to matters upon which his certificate or opinion is based are erroneous. 

Any such Opinion of Counsel or certificate or representations may be based, insofar as it relates to factual matters, upon a certificate
or opinion of, or representations by, an officer or officers of the Company stating that the information with respect to such factual matters is in the possession of the Company unless such counsel knows, or in the exercise of reasonable care should
know, that the certificate or opinion or representations with respect to such matters are erroneous. 
 Where any Person is
required to make, give or execute two or more applications, requests, consents, certificates, statements, opinions or other instruments under this Indenture, they may, but need not, be consolidated and form one instrument. 

  
 56 

 SECTION 13.08. Payments on Business Days. 

Except as provided pursuant to Section 2.01 pursuant to a Board Resolution, and as set forth in an Officers’ Certificate, or
established in one or more indentures supplemental to this Indenture, in any case where the date of maturity of interest or principal of any Note or the date of redemption of any Note shall not be a Business Day, then payment of interest or
principal (and premium, if any) may be made on the next succeeding Business Day with the same force and effect as if made on the nominal date of maturity or redemption, and no interest shall accrue for the period after such nominal date. 

SECTION 13.09. Conflict with Trust Indenture Act. 
 Except as otherwise expressly provided herein, the Trust Indenture Act shall apply as a matter of contract to this Indenture for purposes of interpretation, construction and defining the rights and
obligations hereunder, and this Indenture, the Company, and the Trustee shall be deemed for all purposes hereof to be subject to and governed by the Trust Indenture Act. Except as otherwise provided herein, if and to the extent that any provision of
this Indenture limits, qualifies or conflicts with the duties imposed by Sections 310 to 317, inclusive, of the Trust Indenture Act, such imposed duties shall control. 
 SECTION 13.10. Effect of Headings and Table of Contents. 
 The Article
and Section headings herein and the Table of Contents are for convenience only and shall not affect the construction hereof. 

SECTION 13.11. 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. 

SECTION 13.12. Separability. 
 In case any one or more of the provisions contained in this Indenture or in the Notes shall for any reason be held to be invalid, illegal or unenforceable in any respect, such invalidity, illegality or
unenforceability shall not affect any other provisions of this Indenture or of such Notes, but this Indenture and such Notes shall be construed as if such invalid or illegal or unenforceable provision had never been contained herein or therein.

 SECTION 13.13. Assignment. 
 The Company will have the right at all times to assign any of its rights or obligations under this Indenture to a direct or indirect wholly-owned Subsidiary, provided that, in the event of any such
assignment, the Company, will remain liable for all such obligations. Subject to the foregoing, the Indenture is binding upon and inures to the benefit of the parties thereto and their respective successors and assigns. This Indenture may not
otherwise be assigned by the parties thereto. 

  
 57 

 SECTION 13.14. WAIVER OF JURY BY TRIAL. 

EACH OF THE COMPANY, THE TRUSTEE AND THE NOTEHOLDERS, BY THEIR ACCEPTANCE OF THE NOTES, HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT
PERMITTED BY APPLICABLE LAW, ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING AS AMONG THE COMPANY AND THE TRUSTEE ONLY ARISING OUT OF OR RELATING TO THIS INDENTURE OR THE NOTES. 

  
 58 

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

					
	INTERNATIONAL FLAVORS & FRAGRANCES INC.
		
	By:	 	 /s/ Kevin C. Berryman

		 	Name:	 	Kevin C. Berryman
		 	Title:	 	Executive Vice President and Chief Financial Officer
	
	U.S. BANK NATIONAL ASSOCIATION as Trustee
		
	By:	 	 /s/ Beverly A. Freeney

		 	Name	 	Beverly A. Freeney
		 	Title:	 	Vice President

 Exhibit A 
 [Insert Global Note legend, if applicable, pursuant to Section 2.11(a) of the Indenture] 
 International Flavors & Fragrances Inc. 
 3.20% Senior Notes due
2023 
  

			
	No.                    	  	CUSIP NO. 459506 AC5
		  	ISIN NO. US459506AC52
		
		  	$        
		  	 [as revised by “Exchanges of Interests

in the Global Note,” attached hereto]1

 International Flavors & Fragrances Inc., a corporation duly organized and
existing under the laws of the State of New York (herein called the “Company,” which term includes any successor Person under the Indenture hereinafter referred to), for value received, hereby promises to pay to
                    , or registered assigns, the principal sum of
                     Dollars[, or such greater or lesser amount set forth on “Exchanges of Interests in the Global Note,” attached
hereto,]1 on May 1, 2023 and to pay interest thereon
from April 4, 2013 or from the most recent Interest Payment Date to which interest has been paid or duly provided for, semi-annually in arrears on May 1 and November 1 in each year, commencing November 1, at the rate of
3.20% per annum, until the principal hereof is paid or made available for payment; provided that any principal and any such installment of interest that is overdue shall bear interest at the rate of 3.20% per annum (to the extent
that payment of such interest shall be legally enforceable) from the dates such amounts are due until they are paid or made available for payment. Interest will be computed on the basis of a 360-day year of twelve 30-day months. 

The interest so payable, and punctually paid or duly provided for (except for Defaulted Interest), on any Interest Payment Date will, as
provided in the Indenture, be paid to the Person in whose name this Note (or one or more predecessor Notes) is registered at the close of business on the Regular Record Date for such interest, which shall be the April 15 or October 15
(whether or not a Business Day), as the case may be, next preceding such Interest Payment Date even if the Notes are cancelled, repurchased or redeemed after the Regular Record Date and on or before the Interest Payment Date. Any such interest not
so punctually paid or duly provided for will forthwith cease to be payable to the Noteholder on such Regular Record Date and may either be paid to the Person in whose name this Note (or one or more predecessor Notes) is registered at the close of
business on a Special Record Date for the payment of such Defaulted Interest to be fixed by the Trustee, notice whereof shall be given to Noteholders not less than 10 days prior to such Special Record Date, or be paid at any time in any other lawful
manner not inconsistent with the requirements of any securities exchange on which the Notes may be listed, and upon such notice as may be required by such exchange, all as more fully provided in the Indenture. 

 

	1 	Include this provision if this Note is a Global Note. 

  
 Exhibit A-1

 [Payment of the principal of (and premium, if any) and interest on this Note will be made at
the office or agency of the Company maintained for that purpose in the Borough of Manhattan, the City and State of New York, in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and
private debts; provided, however, that payments of interest will be made by wire transfer if a Noteholder of at least $1,000,000 in principal amount of the Notes has given wire transfer instructions to the Trustee at least 15 Business
Days prior to the applicable Interest Payment Date.]2

 [Payments in respect of the Notes (including principal, premium, if any, and interest) will be made by the transfer of
immediately available funds to the accounts specified by DTC or any successor Depositary.]3 
 Reference is hereby made to the further provisions of this Note set forth on
the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place. 

Unless the certificate of authentication hereon has been executed by the Trustee referred to on the reverse hereof by manual signature,
this Note shall not be entitled to any benefit under the Indenture or be valid or obligatory for any purpose. 
  

	2 	Include this provision if this Note is not a Global Note. 

	3 	Include this provision if this Note is a Global Note. 

  
 Exhibit A-2

 IN WITNESS WHEREOF, the Company has caused this instrument to be duly executed. 

Dated: 
  

			
	INTERNATIONAL FLAVORS & FRAGRANCES INC.
		
	By:	 	  

		 	Name:
		 	Title:

 Trustee’s Certificate of Authentication 

This is one of the Notes designated therein referred to in the within-mentioned Indenture. 

 

			
	Dated:
	
	U.S. BANK NATIONAL ASSOCIATION as Trustee
		
	By:	 	  

		 	Authorized Signatory

  
 Exhibit A-3

 (Form of Reverse of Note) 

This Note is one of a duly authorized issue of securities of the Company (herein called the “Notes”), issued under an
Indenture, dated as of April 4, 2013 (herein called the “Indenture,” which term shall have the meaning assigned to it in such instrument), between the Company and U.S. Bank National Association, as trustee (herein called the
“Trustee,” which term includes any successor trustee under the Indenture). This Note is one of the series designated on the face hereof, initially limited in aggregate principal amount to $300,000,000. Reference is hereby made to
the Indenture and all indentures supplemental thereto for a statement of the respective rights, limitations of rights, duties and immunities thereunder of the Company, the Trustee and the Noteholders of the Notes and of the terms upon which the
Notes are, and are to be, authenticated and delivered. 
 All terms used in this Note which are defined in the Indenture shall
have the meanings assigned to them in the Indenture. 
 The Notes are subject to redemption prior to the stated maturity upon
not less than 30 nor more than 60 days’ notice by mail, at any time, as a whole or from time to time, in part, at the election of the Company, at a Redemption Price equal to (a) prior to February 1, 2013, the greater of (1) 100%
of the principal amount of the Notes to be redeemed on that Redemption Date and (2) the sum of the present values of the remaining scheduled payments of principal and interest on the Notes to be redeemed (not including any portion of any
payment of interest accrued to the Redemption Date) discounted to the Redemption Date on a semi-annual basis at the Treasury Rate plus 25 basis points, and (b) on or after February 1, 2013, 100% of the principal amount of the Notes to be
redeemed on that Redemption Date, plus, in each case of (a) and (b), accrued and unpaid interest to, but excluding, the Redemption Date. Notwithstanding the foregoing, installments of interest that are due and payable on Interest Payment Dates
falling on or prior to such Redemption Date will be payable to the holders of such Notes as of the close of business on the relevant Regular Record Date referred to on the face hereof, all as provided in the Indenture. The Redemption Price shall be
calculated on the basis of a 360-day year consisting of twelve 30-day months. 
 In the event of redemption or repurchase of
this Note in part only, a new Note or Notes of like tenor for the unredeemed portion hereof will be issued in the name of the Noteholder hereof upon the cancellation hereof. 
 The Indenture contains provisions for defeasance at any time of the entire indebtedness of this Note or certain restrictive covenants and Events of Default with respect to this Note, in each case, upon
compliance with certain conditions set forth in the Indenture. 
 If an Event of Default with respect to the Notes shall occur
and be continuing, the principal of the Notes may be declared due and payable in the manner and with the effect provided in the Indenture. 
 The Indenture permits, with certain exceptions as therein provided, the amendment thereof and the modification or waiver of the rights and obligations of the Company

  
 Exhibit A-4

 
and the rights of the Noteholders to be affected under the Indenture at any time by the Company and the Trustee with the consent of the holders of a majority in aggregate principal amount of the
Notes at the time Outstanding to be affected. The Indenture also contains provisions permitting the holders of a majority in aggregate principal amount of the Notes at the time Outstanding, on behalf of the holders of all of the Notes, to waive
compliance with certain provisions of the Indenture and certain past Defaults (other than with respect to nonpayment or in respect of a provision that cannot be amended without the written consent of each Noteholder affected) under the Indenture and
their consequences. Any such consent or waiver by the holder of this Note shall be conclusive and binding upon such holder and upon all future holders of this Note and of any Note issued upon the registration of transfer hereof or in exchange
herefor or in lieu hereof, whether or not notation of such consent or waiver is made upon this Note. 
 As provided in and
subject to the provisions of the Indenture, the holder of this Note shall not have the right to institute any proceeding with respect to the Indenture or for the appointment of a receiver or trustee or for any other remedy thereunder, unless such
holder shall have previously given the Trustee written notice of a continuing Event of Default with respect to the Notes, the holders of not less than 25% in aggregate principal amount of the Notes at the time Outstanding shall have made written
request to the Trustee to institute proceedings in respect of such Event of Default as Trustee and offered the Trustee satisfactory indemnity, and the Trustee shall not have received from the holders of a majority in aggregate principal amount of
the Notes at the time Outstanding a direction inconsistent with such request, and shall have failed to institute any such proceeding, for 60 days after receipt of such notice, request and offer of indemnity. The foregoing shall not apply to any suit
instituted by the holder of this Note for the enforcement of any payment of principal hereof or any premium or interest hereon on or after the respective due dates expressed herein. 

No reference herein to the Indenture and no provision of this Note or of the Indenture shall alter or impair the obligation of the
Company, which is absolute and unconditional, to pay the principal of and any premium and interest on this Note at the times, place and rate, and in the coin or currency, herein prescribed. 

As provided in the Indenture and subject to certain limitations therein set forth, the transfer of this Note is registrable in the Note
Register, upon surrender of this Note for registration of transfer at the office or agency of the Company in any place where the principal of and any premium and interest on this Note are payable, duly endorsed by, or accompanied by a written
instrument of transfer in form satisfactory to the Company and the Note Registrar duly executed by, the holder hereof or its attorney duly authorized in writing, and thereupon one or more new Notes of like tenor, of authorized denominations and for
the same aggregate principal amount, will be issued to the designated transferee or transferees. 
 The Notes are issuable only
in registered form without coupons in denominations of $2,000 and integral multiples of $1,000 thereof. As provided in the Indenture and subject to certain limitations therein set forth, the Notes are exchangeable for a like aggregate principal
amount of the Notes of like tenor of a different authorized denomination, as requested by the Noteholder surrendering the same. 

  
 Exhibit A-5

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

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

The Indenture and the Notes shall be governed by, and construed in accordance with, the laws of the State of New York. 

All terms used in this Note that are defined in the Indenture shall have the meanings assigned to them in the Indenture. 

  
 Exhibit A-6

 ASSIGNMENT FORM 
 To assign this Note, fill in the form below and have your signature guaranteed: (I) or (we) assign and transfer this Note to 

 
  
 (Insert assignee’s soc. sec. or tax I.D. no.) 
  

 
  

 
  

 
  

 
 (Print or type assignee’s
name, address and zip code) 
  

			
		  	

 and irrevocably appoint
                                        
agent to transfer this Note on the books of the Company. The agent may substitute another to act for him. 
  

 
  

							
	Date:	 	  
	 	Your Name:	 	  

		 		 		 	(Print your name exactly as it appears on the face of this Note)
				
		 		 	Your Signature:	 	  

		 		 		 	(Sign exactly as your name appears on the face of this Note)
		
	Signature Guarantee*:	 	  

  

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

  
 Exhibit A-7

 EXCHANGES OF INTERESTS IN THE GLOBAL
NOTE4 

The following exchanges of a part of this Global Note for an interest in another Global Note or for a definitive Note, or exchanges of a
part of another Global Note or definitive Note for an interest in this Global Note, have been made: 
  

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

  

	4 	Include this provision if this Note is a Global Note. 

  
 Exhibit A-8

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