Document:

EX-4.7

 Exhibit 4.7 

 
  

 
 INDENTURE 

Dated as of
[                        ], [        ] 

Between 
 BRIGHTVIEW
HOLDINGS, INC., 
 as Issuer 

and 
 THE BANK OF NEW
YORK MELLON TRUST COMPANY, N.A., 
 as Trustee 

Subordinated Debt Securities 
  

 
  

 CERTAIN SECTIONS OF THIS INDENTURE 

RELATING TO SECTIONS 310 THROUGH 318 INCLUSIVE, 

OF THE TRUST INDENTURE ACT OF 1939 
  

			
	 Trust Indenture Act Section
	  	 Indenture Section

	Section 310(a)(1)	  	Section 609
	(a)(2)	  	Section 609
	(a)(3)	  	Not Applicable
	(a)(4)	  	Not Applicable
	(b)	  	 Section 608
 Section 610

	Section 311(a)	  	Section 613
	(b)	  	Section 613
	Section 312(a)	  	 Section 701
 Section 702

	(b)	  	Section 702
	(c)	  	Section 702
	Section 313(a)	  	Section 703
	(b)	  	Section 703
	(c)	  	Section 703
	(d)	  	Section 703
	Section 314(a)	  	Section 704
	(a)(4)	  	Section 1004
	(b)	  	Not Applicable
	(c)(1)	  	Section 102
	(c)(2)	  	Section 102
	(c)(3)	  	Not Applicable
	(d)	  	Not Applicable
	(e)	  	Section 102
	Section 315(a)	  	Section 601
	(b)	  	Section 602
	(c)	  	Section 601
	(d)	  	Section 601
	(e)	  	Section 513
	Section 316(a)	  	Section 101
	(a)(1)(A)	  	 Section 502
 Section 511

	(a)(1)(B)	  	Section 512
	(a)(2)	  	Not Applicable
	(b)	  	Section 508
	(c)	  	Section 104
	Section 317(a)(1)	  	Section 504
	(a)(2)	  	Section 504
	(b)	  	Section 1003
	Section 318(a)	  	Section 107

 NOTE: This reconciliation and tie shall not, for any purpose, be deemed to be a part of this Indenture. 

  
 i 

 TABLE OF CONTENTS 

 

							
	 	  	 	  	Page	 
		
	 PARTIES
	  	 	1	 
		
	 RECITALS
	  	 	1	 
		
	 ARTICLE I DEFINITIONS AND OTHER PROVISIONS OF GENERAL APPLICATION
	  	 	1	 
			
	 Section 101
	  	 Definitions
	  	 	1	 
	 Section 102
	  	 Compliance Certificates and Opinions
	  	 	6	 
	 Section 103
	  	 Form of Documents Delivered to Trustee
	  	 	7	 
	 Section 104
	  	 Acts of Holders; Record Dates
	  	 	7	 
	 Section 105
	  	 Notices, Etc., to Trustee and Company
	  	 	9	 
	 Section 106
	  	 Notice to Holders; Waiver
	  	 	9	 
	 Section 107
	  	 Conflict with Trust Indenture Act
	  	 	9	 
	 Section 108
	  	 Effect of Headings and Table of Contents
	  	 	9	 
	 Section 109
	  	 Successors and Assigns
	  	 	10	 
	 Section 110
	  	 Separability Clause
	  	 	10	 
	 Section 111
	  	 Benefits of Indenture
	  	 	10	 
	 Section 112
	  	 Governing Law
	  	 	10	 
	 Section 113
	  	 Legal Holidays
	  	 	10	 
	 Section 114
	  	 No Recourse Against Others
	  	 	10	 
	 Section 115
	  	 Waiver of Jury Trial
	  	 	10	 
	 Section 116
	  	 Compliance with Applicable Law
	  	 	10	 
		
	 ARTICLE II SECURITY FORMS
	  	 	11	 
			
	 Section 201
	  	 Forms Generally
	  	 	11	 
	 Section 202
	  	 Form of Legend for Global Securities
	  	 	11	 
	 Section 203
	  	 Form of Trustee’s Certificate of Authentication
	  	 	11	 
		
	 ARTICLE III THE SECURITIES
	  	 	12	 
			
	 Section 301
	  	 Amount Unlimited; Issuable in Series
	  	 	12	 
	 Section 302
	  	 Denominations
	  	 	14	 
	 Section 303
	  	 Execution, Authentication, Delivery and Dating
	  	 	14	 
	 Section 304
	  	 Temporary Securities
	  	 	15	 
	 Section 305
	  	 Registration, Registration of Transfer and Exchange
	  	 	15	 
	 Section 306
	  	 Mutilated, Destroyed, Lost and Stolen Securities
	  	 	17	 
	 Section 307
	  	 Payment of Interest; Interest Rights Preserved
	  	 	17	 
	 Section 308
	  	 Persons Deemed Owners
	  	 	18	 
	 Section 309
	  	 Cancellation
	  	 	18	 
	 Section 310
	  	 Computation of Interest
	  	 	19	 
	 Section 311
	  	 CUSIP or ISIN Numbers
	  	 	19	 
	 Section 312
	  	 Original Issue Discount
	  	 	19	 
	 Section 313
	  	 General Provisions Relating to Global Securities
	  	 	19	 
	 Section 314
	  	 No Gross Up
	  	 	19	 
		
	 ARTICLE IV SATISFACTION AND DISCHARGE
	  	 	19	 
			
	 Section 401
	  	 Satisfaction and Discharge of Indenture
	  	 	19	 
	 Section 402
	  	 Application of Trust Money
	  	 	20	 
		
	 ARTICLE V REMEDIES
	  	 	21	 
			
	 Section 501
	  	 Events of Default
	  	 	21	 

  
 ii 

							
	 Section 502
	  	 Acceleration of Maturity; Rescission and Annulment
	  	 	22	 
	 Section 503
	  	 Collection of Indebtedness and Suits for Enforcement by Trustee
	  	 	23	 
	 Section 504
	  	 Trustee May File Proofs of Claim
	  	 	23	 
	 Section 505
	  	 Trustee May Enforce Claims Without Possession of Securities
	  	 	24	 
	 Section 506
	  	 Application of Money Collected
	  	 	24	 
	 Section 507
	  	 Limitation on Suits
	  	 	24	 
	 Section 508
	  	 Unconditional Right of Holders to Receive Principal, Premium and Interest and to Convert
Securities
	  	 	25	 
	 Section 509
	  	 Rights and Remedies Cumulative
	  	 	25	 
	 Section 510
	  	 Delay or Omission Not Waiver
	  	 	25	 
	 Section 511
	  	 Control by Holders
	  	 	25	 
	 Section 512
	  	 Waiver of Past Defaults
	  	 	25	 
	 Section 513
	  	 Undertaking for Costs
	  	 	26	 
	 Section 514
	  	 Waiver of Usury, Stay or Extension Laws
	  	 	26	 
	 Section 515
	  	 Restoration of Rights and Remedies
	  	 	26	 
		
	 ARTICLE VI THE TRUSTEE
	  	 	26	 
			
	 Section 601
	  	 Certain Duties and Responsibilities of Trustee
	  	 	26	 
	 Section 602
	  	 Notice of Defaults
	  	 	27	 
	 Section 603
	  	 Certain Rights of Trustee
	  	 	27	 
	 Section 604
	  	 Not Responsible for Recitals or Issuance of Securities
	  	 	29	 
	 Section 605
	  	 May Hold Securities
	  	 	29	 
	 Section 606
	  	 Money Held in Trust
	  	 	29	 
	 Section 607
	  	 Compensation and Reimbursement
	  	 	29	 
	 Section 608
	  	 Conflicting Interests
	  	 	30	 
	 Section 609
	  	 Corporate Trustee Required; Eligibility
	  	 	30	 
	 Section 610
	  	 Resignation and Removal; Appointment of Successor
	  	 	30	 
	 Section 611
	  	 Acceptance of Appointment by Successor
	  	 	31	 
	 Section 612
	  	 Merger, Conversion, Consolidation or Succession to Business
	  	 	32	 
	 Section 613
	  	 Preferential Collection of Claims Against Company
	  	 	32	 
	 Section 614
	  	 Trustee’s Application for Instructions from the Company
	  	 	32	 
		
	 ARTICLE VII HOLDERS’ LISTS AND REPORTS BY THE TRUSTEE AND THE COMPANY
	  	 	32	 
			
	 Section 701
	  	 Company to Furnish Trustee Names and Addresses of Holders
	  	 	32	 
	 Section 702
	  	 Preservation of Information; Communications to Holders
	  	 	32	 
	 Section 703
	  	 Reports by Trustee
	  	 	33	 
	 Section 704
	  	 Reports by the Company
	  	 	33	 
		
	 ARTICLE VIII CONSOLIDATION, MERGER, SALE OF ASSETS AND OTHER TRANSACTIONS
	  	 	33	 
			
	 Section 801
	  	 Company May Merge or Transfer Assets on Certain Terms
	  	 	33	 
	 Section 802
	  	 Successor Person Substituted
	  	 	33	 
		
	 ARTICLE IX SUPPLEMENTAL INDENTURES
	  	 	34	 
			
	 Section 901
	  	 Supplemental Indentures Without Consent of Holders
	  	 	34	 
	 Section 902
	  	 Supplemental Indentures With Consent of Holders
	  	 	35	 
	 Section 903
	  	 Execution of Supplemental Indentures
	  	 	36	 
	 Section 904
	  	 Effect of Supplemental Indentures
	  	 	36	 
	 Section 905
	  	 Conformity with Trust Indenture Act
	  	 	36	 
	 Section 906
	  	 Notice of Supplemental Indenture; Reference in Securities to Supplemental Indentures
	  	 	36	 
	 Section 907
	  	 Subordination Unimpaired
	  	 	36	 
		
	 ARTICLE X COVENANTS
	  	 	36	 
			
	 Section 1001
	  	 Payment of Principal, Premium, if any, and Interest
	  	 	36	 

  
 iii 

							
	 Section 1002
	  	 Maintenance of Office or Agency
	  	 	37	 
	 Section 1003
	  	 Money for Securities Payments to Be Held in Trust
	  	 	37	 
	 Section 1004
	  	 Statement by Officers as to Default
	  	 	38	 
	 Section 1005
	  	 Waiver of Certain Covenants
	  	 	38	 
		
	 ARTICLE XI REDEMPTION OF SECURITIES
	  	 	38	 
			
	 Section 1101
	  	 Applicability of Article
	  	 	38	 
	 Section 1102
	  	 Election to Redeem; Notice to Trustee
	  	 	38	 
	 Section 1103
	  	 Selection by Trustee of Securities to Be Redeemed
	  	 	39	 
	 Section 1104
	  	 Notice of Redemption
	  	 	39	 
	 Section 1105
	  	 Deposit of Redemption Price
	  	 	40	 
	 Section 1106
	  	 Securities Payable on Redemption Date
	  	 	40	 
	 Section 1107
	  	 Securities Redeemed in Part
	  	 	41	 
		
	 ARTICLE XII SINKING FUNDS
	  	 	41	 
			
	 Section 1201
	  	 Applicability of Article
	  	 	41	 
	 Section 1202
	  	 Satisfaction of Sinking Fund Payments with Securities
	  	 	41	 
	 Section 1203
	  	 Redemption of Securities for Sinking Fund
	  	 	41	 
		
	 ARTICLE XIII DEFEASANCE AND COVENANT DEFEASANCE
	  	 	41	 
			
	 Section 1301
	  	 Company’s Option to Effect Defeasance or Covenant Defeasance
	  	 	41	 
	 Section 1302
	  	 Defeasance and Discharge
	  	 	42	 
	 Section 1303
	  	 Covenant Defeasance
	  	 	42	 
	 Section 1304
	  	 Conditions to Defeasance or Covenant Defeasance
	  	 	42	 
	 Section 1305
	  	 Deposited Money and U.S. Government Obligations to Be Held in Trust; Miscellaneous
Provisions
	  	 	43	 
	 Section 1306
	  	 Reinstatement
	  	 	44	 
		
	 ARTICLE XIV SUBORDINATION OF SECURITIES
	  	 	44	 
			
	 Section 1401
	  	 Subordination Terms
	  	 	44	 
	 Section 1402
	  	 Trustee and Holders May Rely on Certificate of Liquidating Agent; Trustee May Require Further
Evidence as to Ownership of Senior Indebtedness.
	  	 	45	 
	 Section 1403
	  	 Payment Permitted if No Default
	  	 	46	 
	 Section 1404
	  	 Trustee Not Charged with Knowledge of Prohibition
	  	 	46	 
	 Section 1405
	  	 Trustee to Effect Subordination
	  	 	46	 
	 Section 1406
	  	 Rights of Trustee as Holder of Senior Indebtedness
	  	 	46	 
	 Section 1407
	  	 Provisions Applicable to Paying Agents
	  	 	46	 
	 Section 1408
	  	 Trustee Not Fiduciary for Holders of Senior Indebtedness
	  	 	47	 
		
	 ARTICLE XV MISCELLANEOUS
	  	 	47	 
			
	 Section 1501
	  	 Submission to Jurisdiction.
	  	 	47	 

  
 iv 

 INDENTURE, dated as of
[                        ], [        ], between BrightView Holdings, Inc. a
corporation duly organized and existing under the laws of Delaware (the “Company”), and The Bank of New York Mellon Trust Company, N.A., as Trustee (the “Trustee”). 

RECITALS 
 The Company has
duly authorized the execution and delivery of this Indenture to provide for the issuance from time to time of its unsecured subordinated debt securities (the “Securities”), to be issued in one or more series as provided in this
Indenture. 
 All things necessary to make this Indenture a valid agreement of the Company, in accordance with its terms, have been done.

 NOW, THEREFORE, THIS INDENTURE WITNESSETH: 

For and in consideration of the premises and the purchase of the Securities by the Holders (as defined herein) thereof, it is mutually agreed,
for the equal and proportionate benefit of all Holders of the Securities or of any series thereof, as follows: 
 ARTICLE I 

DEFINITIONS AND OTHER PROVISIONS OF GENERAL APPLICATION 

Section 101 Definitions. For all purposes of this Indenture, except as otherwise expressly provided or unless the context
otherwise requires: 
  

	 	(1)	 the terms defined in this Article I have the meanings assigned to them in this Article I and
include the plural as well as the singular; 

  

	 	(2)	 all other terms used herein which are defined in the Trust Indenture Act, either directly or by reference
therein, have the meanings assigned to them therein; 

  

	 	(3)	 all accounting terms not otherwise defined herein have the meanings assigned to them in accordance with GAAP;

  

	 	(4)	 unless the context otherwise requires, any reference to an “Article,” a “Section” or a
“Schedule” refers to an Article, a Section or a Schedule, as the case may be, of this Indenture; 

  

	 	(5)	 the words “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; 

  

	 	(6)	 “including” means including without limitation; 

 

	 	(7)	 when used with respect to any Security, the words “convert,” “converted” and
“conversion” are intended to refer to the right of the Holder or the Company to convert or exchange such Security into or for securities or other property in accordance with such terms, if any, as may hereafter be specified for such
Security as contemplated by Section 301, and these words are not intended to refer to any right of the Holder or the Company to exchange such Security for other Securities of the same series and of like tenor pursuant to
Section 304, 305, 306, 906 or 1107 or another similar provisions of this Indenture, unless the context otherwise requires; and references herein to the terms of any Security that may be converted
mean such terms as may be specified for such Security as contemplated in Section 301; and 

  

	 	(8)	 unless otherwise provided, references to agreements and other instruments shall be deemed to include all
amendments and other modifications to such agreements and instruments, but only to the extent such amendments and other modifications are not prohibited by the terms of this Indenture. 

  
 1 

 “Act,” when used with respect to any Holder, has the meaning specified in
Section 104. 
 “Affiliate” means, with respect to any 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. 
 “Applicable Law” has the meaning specified in Section 116. 

“Applicable Procedures” means, with respect to a Depositary, as to any matter at any time, the policies and procedures of
such Depositary, if any, that are applicable to such matter at such time. 
 “Bankruptcy Law” means Title 11, United States
Code, or any similar Federal or state or foreign law for the relief of debtors. 
 “Business Day” means, when used with
respect to any Place of Payment, unless otherwise specified as contemplated by Section 301, any day, other than a Saturday or Sunday, which is not a day on which banking institutions or trust companies are authorized or
obligated by law, regulation or executive order to close in that Place of Payment. 
 “Commission” means the U.S.
Securities and Exchange Commission, from time to time constituted, created under the Exchange Act, or, if at any time after the execution of this Indenture such Commission is not existing and performing the duties now assigned to it under the Trust
Indenture Act, then the body performing such duties at such time. 
 “Company” means the Person named as the
“Company” in the first paragraph of this Indenture until a successor Person shall have become such pursuant to the applicable provisions of this Indenture, and thereafter “Company” shall mean such successor Person. 

“Company Request” or “Company Order” means a written request or order signed by or on behalf of the Company
by an Officer thereof (or any Person designated in writing as authorized to execute and deliver Company Requests and Company Orders), and delivered to the Trustee. 

“Company Resolution” means a copy of one or more resolutions certified by the Secretary or an Assistant Secretary of the
Company to have been duly adopted by the board of directors of the Company and to be in full force and effect on the date of such certification and delivered to the Trustee. 

“Corporate Trust Office” means the principal office of the Trustee at which, at any particular time, its corporate trust
business shall be conducted, which office shall initially be located at 500 Ross Street, 12th Floor, Pittsburgh, Pennsylvania 15262, Attention: Corporate Trust Administration, or at any other time at such other address as the Trustee may designate
from time to time by notice to the Company, or the principal corporate trust office of any successor Trustee (or such other address as such successor Trustee may designate from time to time by notice to the Company). 

“Covenant Defeasance” has the meaning specified in Section 1303. 

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

 “Default” means any event which is, or after notice or passage of time or both would be, an Event of Default. 

“Defaulted Interest” has the meaning specified in Section 307. 

“Defeasance” has the meaning specified in Section 1302. 

  
 2 

 “Depositary” means, with respect to Securities of any series issuable in
whole or in part in the form of one or more Global Securities, a clearing agency registered under the Exchange Act that is designated to act as Depositary for such Securities as contemplated by Section 301. 

“Event of Default” has the meaning specified in Section 501. 

“Exchange Act” means the U.S. Securities Exchange Act of 1934, as amended, and any statute successor thereto, in each case as
amended from time to time. 
 “Expiration Date” has the meaning specified in Section 104. 

“FATCA Withholding Tax” shall mean any withholding or deduction required pursuant to an agreement described in
Section 1471(b) of the Internal Revenue Code or otherwise imposed pursuant to Sections 1471 through 1474 of the Internal Revenue Code (or any regulations or agreements thereunder or official interpretations thereof) or any intergovernmental
agreement between the United States and another jurisdiction facilitating the implementation thereof (or any law implementing such an intergovernmental agreement). 

“GAAP” means generally accepted accounting principles in the United States (including, if applicable, International Financial
Reporting Standards) as in effect from time to time. 
 “Global Security” means a Security that evidences all or part of
the Securities of any series and bears the legend set forth in Section 202 (or such legend as may be specified as contemplated by Section 301 for such Securities). 

“Holder” means a Person in whose name a Security is registered in the Security Register. 

“Indenture” means this Indenture as originally executed and as it may from time to time be supplemented or amended by one or
more indentures supplemental hereto entered into pursuant to the applicable provisions hereof, including, for all purposes of this Indenture and any such supplemental indenture, the provisions of the Trust Indenture Act that are deemed to be a part
of and govern this Indenture and any such supplemental indenture, respectively. The term “Indenture” shall also include the terms of particular series of Securities established as contemplated by Section 301. 

“interest” means, when used with respect to an Original Issue Discount Security which by its terms bears interest only after
Maturity, interest payable after Maturity. 
 “Interest Payment Date” means, when used with respect to any Security, the
Stated Maturity of an installment of interest on such Security. 
 “Internal Revenue Code” means the U.S. Internal Revenue
Code of 1986, as amended from time to time. 
 “Maturity” means, when used with respect to any Security, the date on which
the principal of such Security or an installment of principal becomes due and payable as therein or herein provided, whether at the Stated Maturity or by declaration of acceleration, call for redemption or otherwise. 

“Notice of Default” means a written notice of the kind specified in Section 501. 

“obligor” has the meaning given to such term in the Trust Indenture Act. 

“Officer” means any Chairman, any Co-Chairman, any Vice Chairman, any Chief Executive
Officer, any Co-Chief Executive Officer, any President, any Co-President, any Chief Operating Officer, any Co-Chief Operating
Officer, the Treasurer, any Vice President, any Assistant Treasurer, the Chief Financial Officer, the Chief Accounting Officer, the General Counsel, the Secretary or the Assistant Secretary of the Company. 

“Officer’s Certificate” means a certificate signed on behalf of the Company by an officer and delivered to the Trustee.

  
 3 

 “Opinion of Counsel” means a written opinion of counsel (who may be counsel
for, including an employee of, the Company) and who shall be reasonably acceptable to the Trustee. 
 “Original Issue Discount
Security” means any Security which provides for an amount less than the principal amount thereof to be due and payable upon a declaration of acceleration of the Maturity thereof pursuant to Section 502. 

“Outstanding” means, when used with respect to Securities, as of the date of determination, all Securities theretofore
authenticated and delivered under this Indenture, except: 
  

	 	(1)	 Securities theretofore cancelled by the Trustee or delivered to the Trustee for cancellation;

  

	 	(2)	 Securities for whose payment or redemption money in the necessary amount has been theretofore deposited with
the Trustee or any Paying Agent (other than the Company) in trust or set aside and segregated in trust by the Company (if the Company shall act as Paying Agent) for the Holders of such Securities; provided that, if such Securities are to be
redeemed, notice of such redemption has been duly given pursuant to this Indenture or provision therefor satisfactory to the Trustee has been made; 

  

	 	(3)	 Securities as to which Defeasance has been effected pursuant to Section 1302;

  

	 	(4)	 Securities which have been paid pursuant to Section 306 or in exchange for or in lieu
of which other Securities have been authenticated and delivered pursuant to this Indenture, other than any such Securities in respect of which there shall have been presented to the Trustee proof satisfactory to it that such Securities are held by a
protected purchaser in whose hands such Securities are valid obligations of the Company; and 

  

	 	(5)	 Securities as to which any property deliverable upon conversion thereof has been delivered (or such delivery
has been made available), or as to which any other particular conditions have been satisfied, in each case as may be provided for such Securities as contemplated in Section 301; 

provided, however, that in determining whether the Holders of the requisite principal amount of the Outstanding Securities have given, made or taken any
request, demand, authorization, direction, notice, consent, waiver or other action hereunder as of any date, (A) the principal amount of an Original Issue Discount Security which shall be deemed to be Outstanding shall be the amount of the
principal thereof which would be due and payable as of such date upon acceleration of the Maturity thereof to such date pursuant to Section 502, (B) if, as of such date, the principal amount payable at the Stated Maturity
of a Security is not determinable, the principal amount of such Security which shall be deemed to be Outstanding shall be the amount as specified or determined as contemplated by Section 301, (C) the principal amount of a
Security denominated in one or more foreign currencies, composite currencies or currency units which shall be deemed to be Outstanding shall be the U.S. dollar equivalent, determined as of such date in the manner provided as contemplated by
Section 301, of the principal amount of such Security (or, in the case of a Security described in clause (A) or (B) above, of the amount determined as provided in such clause), and (D) Securities owned by the
Company or any other obligor upon the Securities or any Affiliate of the Company or such other obligor shall be disregarded and deemed not to be Outstanding (except in the case where the Securities are 100% owned by the Company or any Affiliate of
the Company), except that, in determining whether the Trustee shall be protected in relying upon any such request, demand, authorization, direction, notice, consent, waiver or other action, only Securities which a Responsible Officer actually knows
to be so owned shall be so disregarded. Securities so owned which have been pledged in good faith may be regarded as Outstanding if the pledgee establishes to the satisfaction of the Trustee the pledgee’s right so to act with respect to such
Securities and that the pledgee is not the Company or any other obligor upon the Securities or any Affiliate of the Company or such other obligor. 

“Paying Agent” means any Person authorized by the Company to pay the principal of or premium, if any, or interest on any
Securities on behalf of the Company. 
 “Permitted Jurisdictions” means the laws of the United States of America or any
state thereof. 

  
 4 

 “Person” means an individual, a corporation, a partnership, a limited
liability company, an association, a trust, or any other entity including government or political subdivision or an agency or instrumentality thereof. 

“Place of Payment” means, when used with respect to the Securities of any series, the place or places where the principal of
and premium, if any, and interest on the Securities of such series are payable as specified as contemplated by Section 301. 

“Predecessor Security” means, with respect to any particular Security, every previous Security evidencing all or a portion of
the same debt as that evidenced by such particular Security; and, for the purposes of this definition, any Security authenticated and delivered under Section 306 in exchange for or in lieu of a mutilated, destroyed, lost or
stolen Security shall be deemed to evidence the same debt as the mutilated, destroyed, lost or stolen Security. 
 “Redemption
Date” means, when used with respect to any Security to be redeemed, the date fixed for such redemption by or pursuant to this Indenture. 

“Redemption Price” means, when used with respect to any Security to be redeemed, the price at which it is to be redeemed
pursuant to this Indenture. 
 “Regular Record Date” means, for the interest payable on any Interest Payment Date on the
Securities of any series, the date specified for that purpose as contemplated by Section 301. 

“Repayment Date” means, when used with respect to a Security to be repaid at the option of a Holder, the date fixed for such
repayment by or pursuant to this Indenture. 
 “Responsible Officer” means with respect to the Trustee, any officer
assigned to the Corporate Finance Group (or any successor division or unit) of the Trustee located at the Corporate Trust Office of the Trustee, who shall have direct responsibility for the administration of this Indenture and, for the purposes of
Section 601(3)(B) and the second sentence of Section 602, shall also include any other officer of the Trustee to whom any corporate trust matter is referred because of such officer’s knowledge
of and familiarity with the particular subject. 
 “Securities” has the meaning specified in the first recital of this
Indenture and more particularly means any Securities authenticated and delivered under this Indenture. 
 “Securities Act”
means the U.S. Securities Act of 1933, as amended, and any statute successor thereto, in each case as amended from time to time. 

“Security Register” and “Security Registrar” have the respective meanings specified in
Section 305. 
 “Senior Indebtedness” means the principal of (and premium, if any) and interest
(including any interest accruing subsequent to the filing of a petition of bankruptcy at the rate provided for in the documentation with respect thereto, whether or not such interest is an allowed claim under applicable law) on any indebtedness for
money borrowed of the Company, incurred or assumed, whether or not evidenced by securities, notes, debentures, bonds or other similar instruments issued by the Company, unless, in the case of any particular indebtedness, the instrument creating or
evidencing the same or pursuant to which the same is outstanding expressly provides that such indebtedness shall rank pari passu with or be subordinated in right of payment to the Securities. Notwithstanding the foregoing, “Senior
Indebtedness” shall not include (i) any indebtedness of the Company to a Subsidiary of the Company or any Affiliate of the Company or any of such Affiliate’s Subsidiaries, (ii) indebtedness to, or guaranteed on behalf of, any
stockholder, director, officer or employee of the Company or any Subsidiary of the Company or any Affiliate of the Company or any of such affiliate’s Subsidiaries (including, without limitation, amounts owed for compensation), (iii)
indebtedness to trade creditors and other amounts incurred in connection with obtaining goods, materials or services, (iv) any liability for federal, state, local or other taxes owed or owing by the Company, (v) that portion of any
indebtedness incurred in violation of an incurrence test applicable to a series of the Securities, or (vi) that portion of any indebtedness which, when incurred and without respect to any election under Section 1111(b) of Title 11, United
States Code, is without recourse to the Company. 

  
 5 

 “Special Record Date” means, for the payment of any Defaulted Interest, a
date fixed by the Trustee pursuant to Section 307. 
 “Stated Maturity” means, when used with
respect to any Security or any installment of principal thereof or interest thereon, the date specified in such Security as the fixed date on which the principal of such Security or such installment of principal or interest is due and payable. 

“Subsidiary” means any subsidiary of a Person that is or would be consolidated with such Person in the preparation of segment
information with respect to the combined financial statements of such Person prepared in accordance with GAAP. For the avoidance of doubt, a Subsidiary shall not include (a) any private equity or other investment fund or vehicle or (b) any
portfolio company of any such fund or vehicle. 
 “Substantially All Merger” means a merger or consolidation of the Company
with or into another Person that would, in one or a series of related transactions, result in the transfer or other disposition, directly or indirectly, of all or substantially all of the combined assets of the Company taken as a whole to any other
Person. 
 “Substantially All Sale” means a sale, assignment, transfer, lease or conveyance to any other Person, in one or
a series of related transactions, directly or indirectly, of all or substantially all of the combined assets of the Company taken as a whole to any other Person. 

“Successor Person” has the meaning specified in Section 801(1). 

“Trust Indenture Act” means the U.S. Trust Indenture Act of 1939 as in force at the date as of which this Indenture was
executed; provided, however, that in the event the Trust Indenture Act of 1939 is amended after such date, “Trust Indenture Act” means, to the extent required by any such amendment, the Trust Indenture Act of 1939 as so amended.

 “Trustee” means the Person named as the “Trustee” in the first paragraph of this Indenture 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 such series. 

“U.S. Government Obligation” means (x) any security which is (i) a direct obligation of the United States of
America for the payment of which the full faith and credit of the United States of America is pledged or (ii) an obligation 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, which, in either case (i) or (ii), is not callable or redeemable at the option of the issuer thereof, and (y) any
depositary receipt issued by a bank (as defined in Section 3(a)(2) of the Securities Act) as custodian with respect to any U.S. Government Obligation which is specified in clause (x) above and held by such bank for the account of the
holder of such depositary receipt, or with respect to any specific payment of principal of or interest on any U.S. Government Obligation which is so specified and held; 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 depositary receipt from any amount received by the custodian in respect of the U.S. Government Obligation or the specific payment of principal or interest evidenced by
such depositary receipt. 
 Section 102 Compliance Certificates and Opinions. Upon any application or request by the Company to
the Trustee to take any action under any provision of this Indenture, the Company shall furnish to the Trustee an Officer’s Certificate stating that all conditions precedent, if any, provided for in this Indenture relating to the proposed
action have been complied with and an Opinion of Counsel stating that in the opinion of such counsel all such conditions precedent, if any, have been complied with, except that in the case of any such application or request as to which the
furnishing of such documents is specifically required by any provision of this Indenture relating to such particular application or request, no additional certificate or opinion need be furnished. 

  
 6 

 Every certificate or opinion with respect to compliance with a condition or covenant
provided for in this Indenture (except for certificates provided for in Section 1004) shall include: 
  

	 	(1)	 a statement that each individual signing such certificate or opinion has read such covenant or condition and
the definitions herein relating thereto; 

  

	 	(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 each such individual, he or she has made such examination or investigation
as is necessary to enable him or her 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, in the opinion of each such individual, such condition or covenant has been complied
with. 

 Section 103 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 may be based, insofar as it relates to legal matters, upon a certificate or opinion of, or
representations by, counsel, unless such Officer knows, or in the exercise of reasonable care should know, that the certificate or opinion or representations with respect to the matters upon which such Officer’s certificate or opinion is based
are erroneous. Any such certificate or Opinion of Counsel may be based, insofar as it relates to factual matters, upon a certificate or opinion of, or representations by, an Officer or Officers 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. 
 Section 104 Acts of
Holders; Record Dates. Any request, demand, authorization, direction, notice, consent, waiver or other action provided or permitted by this Indenture to be given, made 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 an 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 Company. Such instrument or instruments (and the action embodied therein and evidenced thereby) are herein sometimes referred to as the “Act” of the 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, subject to Section 601, conclusive in
favor of the Trustee and the Company, if made in the manner provided in this Section 104. 
 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 him the execution thereof. Where such execution is by a Person acting in a capacity other than such Person’s individual capacity, such certificate or affidavit shall also
constitute sufficient proof of such Person’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. 
 The ownership of Securities shall be proved by the Security Register. 

  
 7 

 Any request, demand, authorization, direction, notice, consent, waiver or other Act of the
Holder of any Security shall bind every future Holder of the same Security and the Holder of every Security 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, any Security Registrar, any Paying Agent or the Company in reliance thereon, whether or not notation of such action is made upon such Security. 

The Company may set any day as a record date for the purpose of determining the Holders of Outstanding Securities of any series entitled to
give, make or take any request, demand, authorization, direction, notice, consent, waiver or other action provided or permitted by this Indenture to be given, made or taken by Holders of Securities of such series; provided that the Company
may not set a record date for, and the provisions of this paragraph shall not apply with respect to, the giving or making of any notice, declaration, request or direction referred to in the next paragraph. If any record date is set pursuant to this
paragraph, the Holders of Outstanding Securities of the relevant series on such record date, and no other Holders, shall be entitled to take the relevant action, whether or not such Holders remain Holders after such record date; provided that
no such action shall be effective hereunder unless taken on or prior to the applicable Expiration Date by Holders of the requisite principal amount of Outstanding Securities of such series on such record date. Nothing in this paragraph shall be
construed to prevent the Company from setting a new record date for any action for which a record date has previously been set pursuant to this paragraph (whereupon the record date previously set shall automatically and with no action by any Person
be cancelled and of no effect), and nothing in this paragraph shall be construed to render ineffective any action taken by Holders of the requisite principal amount of Outstanding Securities of the relevant series on the date such action is taken.
Promptly after any record date is set pursuant to this paragraph, the Company, at its own expense, shall cause notice of such record date, the proposed action by Holders and the applicable Expiration Date to be given to the Trustee in writing and to
each Holder of Securities of the relevant series in the manner set forth in Section 106. 
 The Trustee may set
any day as a record date for the purpose of determining the Holders of Outstanding Securities of any series entitled to join in the giving or making of (i) any Notice of Default, (ii) any declaration of acceleration referred to in
Section 502, (iii) any request to institute proceedings referred to in Section 507(2) or (iv) any direction referred to in Section 511, in each case with respect to
Securities of such series. If any record date is set pursuant to this paragraph, the Holders of Outstanding Securities of such series on such record date, and no other Holders, shall be entitled to join in such notice, declaration, request or
direction, whether or not such Holders remain Holders after such record date; provided that no such action shall be effective hereunder unless taken on or prior to the applicable Expiration Date by Holders of the requisite principal amount of
Outstanding Securities of such series on such record date. Nothing in this paragraph shall be construed to prevent the Trustee from setting a new record date for any action for which a record date has previously been set pursuant to this paragraph
(whereupon the record date previously set shall automatically and with no action by any Person be cancelled and of no effect), and nothing in this paragraph shall be construed to render ineffective any action taken by Holders of the requisite
principal amount of Outstanding Securities of the relevant series on the date such action is taken. Promptly after any record date is set pursuant to this paragraph, the Trustee, at the Company’s expense, shall cause notice of such record date,
the proposed action by Holders and the applicable Expiration Date to be given to the Company in writing and to each Holder of Securities of the relevant series in the manner set forth in Section 106. 

With respect to any record date set pursuant to this Section 104, the party hereto which sets such record dates may
designate any day as the “Expiration Date” and from time to time may change the Expiration Date to any earlier or later day; provided that no such change shall be effective unless notice of the proposed new Expiration Date is
given to the other party hereto in writing, and to each Holder of Securities of the relevant series in the manner set forth in Section 106, on or prior to the existing Expiration Date. If an Expiration Date is not
designated with respect to any record date set pursuant to this Section 104, the party hereto which set such record date shall be deemed to have initially designated the 180th day after such record date as the Expiration
Date with respect thereto, subject to its right to change the Expiration Date as provided in this paragraph. 
 Without limiting the
foregoing, a Holder entitled hereunder to take any action hereunder with regard to any particular Security may do so with regard to all or any part of the principal amount of such Security or by one or more duly appointed agents each of which may do
so pursuant to such appointment with regard to all or any part of such principal amount. 

  
 8 

 Section 105 Notices, Etc., to Trustee and Company. Any request, demand,
authorization, direction, notice, consent, waiver or Act of Holders or other document provided or permitted by this Indenture to be made upon, given or furnished to, or filed with, 

 

	 	(1)	 the Trustee by any Holder or by the Company shall be sufficient for every purpose hereunder if made, given,
furnished or filed in writing (which may be by facsimile) to or with the Trustee at its Corporate Trust Office at the location specified in Section 101; or 

 

	 	(2)	 the Company by the Trustee or by any Holder shall be sufficient for every purpose hereunder (unless otherwise
herein expressly provided) if in writing and mailed, first-class postage prepaid, to the Company addressed to the attention of the Secretary of the Company at the address of the Company’s principal office specified in writing to the Trustee by
the Company and, until further notice, at 980 Jolly Road, Blue Bell, Pennsylvania 19462, telephone number: (484) 567-7204, Attention: Legal Department, with a copy to Simpson, Thacher & Bartlett LLP,
fax number: (212) 455-2502, Attention: Joseph H. Kaufman. 

 The Trustee shall
have the right, but shall not be required, to rely upon and comply with instructions and directions sent by e-mail, facsimile and other similar unsecured electronic methods by persons believed by the Trustee
to be authorized to give instructions and directions on behalf of the Company. The Trustee shall have no duty or obligation to verify or confirm that the person who sent such instructions or directions is, in fact, a person authorized to give
instructions or directions on behalf of the Company; and the Trustee shall have no liability for any losses, liabilities, costs or expenses incurred or sustained by the Company as a result of such reliance upon or compliance with such instructions
or directions. The Company agrees to assume all risks arising out of the use of such electronic methods to submit instructions and directions to the Trustee, including without limitation the risk of the Trustee acting on unauthorized instructions,
and the risk of interception and misuse by third parties. 
 Section 106 Notice to Holders; Waiver. Where this Indenture
provides for notice to Holders of any event, such notice shall be sufficiently given (unless otherwise herein expressly provided) if in writing and mailed, first-class postage prepaid, to each Holder affected by such event, at such Holder’s
address as it appears in the Security Register, not later than the latest date, if any, and not earlier than the earliest date, if any, prescribed for the giving of such notice. In any case where notice to Holders is given by mail, neither the
failure to mail such notice, nor any defect in any notice so mailed, to any particular Holder shall affect the sufficiency of such notice with respect to other Holders. 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 Holders 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. 
 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 by mail, then such notification as shall be made with the approval of the Trustee shall constitute a sufficient notification for every purpose hereunder. 

Where this Indenture provides for notice of any event to a Holder of a Global Security, such notice shall be sufficiently given if given to
the Depositary for such Security (or its designee), pursuant to the Applicable Procedures of the Depositary, not later than the latest date, if any, and not earlier than the earliest date, if any, prescribed for the giving of such notice. 

Section 107 Conflict with Trust Indenture Act. If any provision of this Indenture limits, qualifies or conflicts with a provision
of the Trust Indenture Act which is required under the Trust Indenture Act to be a part of and govern this Indenture, the latter provision shall control. If any provision of this Indenture modifies or excludes any provision of the Trust Indenture
Act which may be so modified or excluded, the latter provision shall be deemed to apply to this Indenture as so modified or to be excluded, as the case may be. 

Section 108 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. 

  
 9 

 Section 109 Successors and Assigns. All covenants and agreements in this
Indenture by the Company shall bind its successors and assigns, whether so expressed or not. All agreements of the Trustee in this Indenture shall bind its successors and assigns, whether so expressed or not. 

Section 110 Separability Clause. 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 111 Benefits of Indenture. Nothing in this Indenture or in the Securities, express or implied, shall give to any Person,
other than the parties hereto and their successors hereunder and the Holders (and, with respect to the provisions of Article XIV, the holders of Senior Indebtedness), any benefit or any legal or equitable right, remedy or claim under this
Indenture. 
 Section 112 Governing Law. This Indenture and the Securities shall be governed by, and construed in accordance
with, the law of the State of New York. 
 Section 113 Legal Holidays. In any case where any Interest Payment Date, Redemption
Date, Repayment Date or Stated Maturity of any Security, or any date on which a Holder has the right to convert such Holder’s Security, shall not be a Business Day at any Place of Payment, then (notwithstanding any other provision of this
Indenture or of the Securities (other than a provision of any Security which specifically states that such provision shall apply in lieu of this Section 113)) payment of principal and premium, if any, or interest, or the
Redemption Price or conversion of such Security, need not be made at such Place of Payment on such date, but may be made on the next succeeding Business Day at such Place of Payment with the same force and effect as if made on the Interest Payment
Date, Redemption Date or Repayment Date or at the Stated Maturity, or on such conversion date. In the case, however, of Securities of a series bearing interest at a floating rate, if any Interest Payment Date (other than the Redemption Date,
Repayment Date or Stated Maturity) would otherwise be a date that is not a Business Day, then the Interest Payment Date shall be postponed to the following date which is a Business Day, unless that Business Day falls in the next succeeding calendar
month, in which case the Interest Payment Date will be the immediately preceding Business Day. No interest shall accrue for the period from and after any such Interest Payment Date, Redemption Date, Repayment Date, Stated Maturity or conversion
date, as the case may be, to the date of such payment. 
 Section 114 No Recourse Against Others. A director, partner, officer,
employee, member, manager or stockholder as such of the Company shall not have any liability for any obligations of the Company under the Securities or this Indenture or for any claim based on, in respect of or by reason of such obligations or their
creation. By accepting a Security, each Holder shall waive and release all such liability. The waiver and release shall be part of the consideration for the issue of the Securities. 

Section 115 Waiver of Jury Trial. EACH OF THE COMPANY, THE TRUSTEE AND THE HOLDERS, BY THEIR ACCEPTANCE OF THE SECURITIES, HEREBY
IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING AS BETWEEN THE COMPANY AND THE TRUSTEE ONLY ARISING OUT OF OR RELATING TO THIS INDENTURE OR THE SECURITIES. 

Section 116 Compliance with Applicable Law. In order to comply with applicable tax laws, rules and regulations (inclusive of
directives, guidelines and interpretations promulgated by competent authorities) in effect from time to time (“Applicable Law”), the Trustee shall be entitled to make any withholding or deduction from payments under this Indenture
to the extent necessary to comply with Applicable Law (and shall timely pay the amounts so withheld or deducted to the applicable governmental authority) for which The Bank of New York Mellon Trust Company, N.A. shall not have any liability. Each of
the Company and the Trustee agrees to reasonably cooperate and, at the reasonable request of the other, to provide the other with such information as each may have in its possession that is necessary to enable the determination of whether any
payments hereunder are subject to FATCA Withholding Tax. 

  
 10 

 ARTICLE II 

SECURITY FORMS 

Section 201 Forms Generally. The Securities of each series shall be in substantially such form or forms as shall be established by
or pursuant to a Company Resolution or, subject to Section 303, set forth in, or determined in the manner provided in, an Officer’s Certificate of the Company pursuant to a Company Resolution, or in one or more
indentures supplemental hereto, in each case with such appropriate insertions, omissions, substitutions and other variations as are required or permitted by this Indenture, and may have such letters, numbers or other marks of identification and such
legends or endorsements placed thereon as may be required to comply with applicable tax laws or the rules of any securities exchange or Depositary therefor or as may, consistently herewith, be determined by the Officer executing such Securities, as
evidenced by their execution thereof. If the form of Securities of any series is established by action taken pursuant to a Company Resolution, a copy of an appropriate record of such action shall be certified by the Secretary or an Assistant
Secretary of the Company and delivered to the Trustee at or prior to the delivery of the Company Order contemplated by Section 303 for the authentication and delivery of such Securities. If all of the Securities of any
series established by action taken pursuant to a Company Resolution are not to be issued at one time, it shall not be necessary to deliver a record of such action at the time of issuance of each Security of such series, but an appropriate record of
such action shall be delivered at or before the time of issuance of the first Security of such series. 
 The definitive Securities shall be
printed, lithographed or engraved on steel engraved borders or may be produced in any other manner, all as determined by the Officers of the Company executing such Securities, as evidenced by their execution of such Securities. 

Section 202 Form of Legend for Global Securities. Unless otherwise specified as contemplated by
Section 301 for the Securities evidenced thereby, every Global Security authenticated and delivered hereunder shall bear a legend in substantially the following form: 

UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY (“DTC”) TO THE COMPANY
OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO
CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF,
CEDE & CO., HAS AN INTEREST HEREIN. 
 THIS SECURITY IS A GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE REFERRED TO ON THE
REVERSE HEREOF. TRANSFERS OF THIS GLOBAL SECURITY SHALL BE LIMITED TO TRANSFERS IN WHOLE, BUT NOT IN PART, TO DTC, TO NOMINEES OF DTC OR TO A SUCCESSOR THEREOF OR SUCH SUCCESSOR’S NOMINEE AND TRANSFERS OF PORTIONS OF THIS GLOBAL SECURITY SHALL
BE LIMITED TO TRANSFERS MADE IN ACCORDANCE WITH THE RESTRICTIONS SET FORTH IN THE INDENTURE REFERRED TO ON THE REVERSE HEREOF. 

Section 203 Form of Trustee’s Certificate of Authentication. The Trustee’s certificates of authentication
shall be in substantially the following form: 
 This is one of the Securities of the series designated therein referred to in the
within-mentioned Indenture. 
 Dated: 
  

							
	        	 	 The Bank of New York Mellon Trust Company, N.A.,

as Trustee

				
		 	By:	 	      
	 	
		 		 	Authorized Signatory	 	

  
 11 

 ARTICLE III 

THE SECURITIES 

Section 301 Amount Unlimited; Issuable in Series. The aggregate principal amount of Securities which may be authenticated and
delivered under this Indenture is unlimited. 
 The Securities may be issued in one or more series. There shall be established in or
pursuant to (a) a Company Resolution or pursuant to authority granted by a Company Resolution and, subject to Section 303, set forth, or determined in the manner provided, in an Officer’s Certificate of the
Company, or (b) one or more indentures supplemental hereto, prior to the issuance of Securities of any series: 
  

	 	(1)	 the title of the Securities of the series (which shall distinguish the Securities of the series from Securities
of any other series); 

  

	 	(2)	 the limit, if any, on 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 304, 305,
306, 906 or 1106 and except for any Securities which, pursuant to Section 303, are deemed never to have been authenticated and delivered hereunder); 

 

	 	(3)	 the Person to whom any interest on a Security of the series shall be payable, if other than the Person in whose
name that Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest; 

  

	 	(4)	 the date or dates on which the principal of any Securities of the series is payable or the method used to
determine or extend those dates; 

  

	 	(5)	 the rate or rates at which any Securities of the series shall bear interest, if any, the date or dates from
which any such interest shall accrue, the Interest Payment Dates on which any such interest shall be payable and the Regular Record Date for any such interest payable on any Interest Payment Date; 

 

	 	(6)	 the place or places where the principal of and premium, if any, and interest on any Securities of the series
shall be payable and the manner in which any payment may be made; 

  

	 	(7)	 the period or periods within which, the price or prices at which and the terms and conditions upon which any
Securities of the series may be redeemed, in whole or in part, at the option of the Company and, if other than by a Company Resolution, the manner in which any election by the Company to redeem the Securities shall be evidenced;

  

	 	(8)	 the obligation or the right, if any, of the Company to redeem or purchase any Securities of the series pursuant
to any sinking fund or at the option of the Holder thereof and the period or periods within which, the price or prices at which and the terms and conditions upon which any Securities of the series shall be redeemed or purchased, in whole or in part,
pursuant to such obligation; 

  

	 	(9)	 if other than denominations of $2,000 and any integral multiple of $1,000 in excess thereof, the denominations
in which any Securities of the series shall be issuable; 

  

	 	(10)	 if the amount of principal of or premium, if any, or interest on any Securities of the series may be determined
with reference to a financial or economic measure or index or pursuant to a formula, the manner in which such amounts shall be determined; 

  

	 	(11)	 if other than the currency of the United States of America, the currency, currencies or currency units in which
the principal of or premium, if any, or interest on any Securities of the series shall be payable and the manner of determining the equivalent thereof in the currency of the United States

  
 12 

	 	
of America for any purpose, including for purposes of the definition of “Outstanding” in Section 101; 

 

	 	(12)	 if the principal of or premium, if any, or interest on any Securities of the series is to be payable, at the
election of the Company or the Holder thereof, in one or more currencies or currency units other than that or those in which such Securities are stated to be payable, the currency, currencies or currency units in which the principal of or premium,
if any, or interest on such Securities as to which such election is made shall be payable, the periods within which and the terms and conditions upon which such election is to be made and the amount so payable (or the manner in which such amount
shall be determined); 

  

	 	(13)	 if other than the entire principal amount thereof, the portion of the principal amount of any Securities of the
series which shall be payable upon declaration of acceleration of the Maturity thereof pursuant to Section 502; 

  

	 	(14)	 if the principal amount payable at the Stated Maturity of any Securities of the series will not be determinable
as of any one or more dates prior to the Stated Maturity, the amount which shall be deemed to be the principal amount of such Securities as of any such date for any purpose thereunder or hereunder, including the principal amount thereof which shall
be due and payable upon any Maturity other than the Stated Maturity or which shall be deemed to be Outstanding as of any date prior to the Stated Maturity (or, in any such case, the manner in which such amount deemed to be the principal amount shall
be determined); 

  

	 	(15)	 if other than by a Company Resolution, the manner in which any election by the Company to defease any
Securities of the series pursuant to Section 1302 or Section 1303 shall be evidenced; whether any Securities of the series other than Securities denominated in U.S. dollars and bearing interest at
a fixed rate are to be subject to Section 1302 or Section 1303; or, in the case of Securities denominated in U.S. dollars and bearing interest at a fixed rate, if applicable, that the Securities of
the series, in whole or any specified part, shall not be defeasible pursuant to Section 1302 or Section 1303 or both such Sections; 

 

	 	(16)	 if applicable, that any Securities of the series shall be issuable in whole or in part in the form of one or
more Global Securities and, in such case, the respective Depositaries for such Global Securities, the form of any legend or legends which shall be borne by any such Global Security in addition to or in lieu of that set forth in
Section 202 and any circumstances in addition to or in lieu of those set forth in clause (2) of the last paragraph of Section 305 in which any such Global Security may be exchanged in whole or
in part for Securities registered, and any transfer of such Global Security in whole or in part may be registered, in the name or names of Persons other than the Depositary for such Global Security or a nominee thereof and any other provisions
governing exchanges or transfers of such Global Security; 

  

	 	(17)	 any addition to, deletion from 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 502; 

 

	 	(18)	 any addition to, deletion from or change in the covenants set forth in Article X which applies to
Securities of the series; 

  

	 	(19)	 if the Securities of the series are to be convertible into or exchangeable for cash and/or any securities or
other property of any Person (including the Company), the terms and conditions upon which such Securities will be so convertible or exchangeable; 

  

	 	(20)	 whether the Securities of the series will be secured by any collateral and, if so, the terms and conditions
upon which such Securities shall be secured and, if applicable, upon which such liens may be subordinated to other liens securing other indebtedness of the Company; 

  
 13 

	 	(21)	 if a party other than The Bank of New York Mellon Trust Company, N.A. is to act as Trustee for the Securities
of such series, the name and Corporate Trust Office of such party; 

  

	 	(22)	 any additional or different subordination terms applicable to Securities of the series; and

  

	 	(23)	 any other terms of the series (which terms shall not be inconsistent with the provisions of this Indenture,
except as permitted by Section 901(11)). 

 All Securities of any one series shall be
substantially identical except as to denomination and except as may otherwise be provided in or pursuant to the Company Resolution referred to above or pursuant to authority granted by one or more Company Resolutions and, subject to
Section 303, set forth, or determined in the manner provided, in the Officer’s Certificate of the Company referred to above or in any such indenture supplemental hereto. 

All Securities of any one series need not be issued at one time and, unless otherwise provided in or pursuant to the Company Resolution
referred to above and, subject to Section 303, set forth, or determined in the manner provided, in the Officer’s Certificate of the Company referred to above or pursuant to authority granted by one or more Company
Resolutions or in any such indenture supplemental hereto with respect to a series of Securities, additional Securities of a series may be issued, at the option of the Company, without the consent of any Holder, at any time and from time to time.

 If any of the terms of the series are established by action taken pursuant to a Company Resolution, a copy of an appropriate record of
such action shall be certified by the Secretary or an Assistant Secretary of the Company and delivered to the Trustee at or prior to the delivery of the Officer’s Certificate of the Company setting forth the terms of the series. 

Section 302 Denominations. The Securities of each series shall be issuable only in registered form without coupons and only in
such denominations as shall be specified as contemplated by Section 301. In the absence of any such specified denomination with respect to the Securities of any series, the Securities of such series shall be issuable in
denominations of $2,000 and any integral multiple of $1,000 in excess thereof. 
 Section 303 Execution, Authentication, Delivery
and Dating. The Securities shall be executed on behalf of the Company by one of its Officers. The signature on the Securities may be manual or facsimile. 

Securities bearing the manual or facsimile signatures of individuals who were at any time the proper Officers of the Company shall bind the
Company, notwithstanding that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Securities or did not hold such offices at the date of such Securities. 

At any time and from time to time after the execution and delivery of this Indenture, the Company may deliver Securities of any series
executed by the Company to the Trustee for authentication, together with a Company Order for the authentication and delivery of such Securities, and the Trustee in accordance with the Company Order shall authenticate and deliver such Securities. If
the form or terms of the Securities of the series have been established by or pursuant to one or more Company Resolutions or pursuant to authority granted by one or more Company Resolutions as permitted by Sections 201 and 301, in authenticating
such Securities, and accepting the additional responsibilities under this Indenture in relation to such Securities, the Trustee shall be entitled to receive, and, subject to Section 601, shall be fully protected in relying
upon, an Opinion of Counsel stating, 
  

	 	(1)	 if the form of such Securities has been established by or pursuant to Company Resolution or pursuant to
authority granted by one or more Company Resolutions as permitted by Section 201, that such form has been established in conformity with the provisions of this Indenture; 

 

	 	(2)	 if the terms of such Securities have been established by or pursuant to Company Resolution or pursuant to
authority granted by one or more Company Resolutions as permitted by Section 301, that such terms have been established in conformity with the provisions of this Indenture; and 

  
 14 

	 	(3)	 that such Securities, when authenticated by the Trustee and issued and delivered by the Company in the manner
and subject to any conditions specified in such Opinion of Counsel, will constitute valid and legally binding obligations of the Company, enforceable against the Company in accordance with their terms, subject to (i) the effects of bankruptcy,
insolvency, fraudulent conveyance, reorganization, moratorium and other similar laws relating to or affecting creditors’ rights generally, (ii) general equitable principles and (iii) an implied covenant of good faith and fair dealing.

 If such form or terms have been so established, the Trustee shall not be required to authenticate such Securities if
the issue of such Securities pursuant to this Indenture will adversely affect the Trustee’s own rights, duties or immunities under the Securities and this Indenture or otherwise in a manner which is not reasonably acceptable to the Trustee.

 Notwithstanding the provisions of Section 301 and of the preceding paragraph of this
Section 303, if all Securities of a series are not to be originally issued at one time, except in the event that the aggregate principal amount of a series of Outstanding Securities is increased as contemplated by
Section 301, it shall not be necessary to deliver the Officer’s Certificate of the Company otherwise required pursuant to Section 301 or the Company Order and Opinion of Counsel otherwise
required pursuant to this Section 303 at or prior to the authentication of each Security of such series if such documents are delivered at or prior to the authentication upon original issuance of the first Security of such
series to be issued. 
 Each Security shall be dated the date of its authentication. 

No Security shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose unless there appears on such
Security a certificate of authentication substantially in the form provided for herein executed by the Trustee by manual signature, and such certificate upon any Security shall be conclusive evidence, and the only evidence, that such Security has
been duly authenticated and delivered hereunder. Notwithstanding the foregoing, if any Security shall have been authenticated and delivered hereunder but never issued and sold by the Company, and the Company shall deliver such Security to the
Trustee for cancellation as provided in Section 309, for all purposes of this Indenture such Security shall be deemed never to have been authenticated and delivered hereunder and shall never be entitled to the benefits of
this Indenture. 
 Section 304 Temporary Securities. Pending the preparation of definitive Securities of any series, the Company
may execute, and, upon Company Order, the Trustee shall authenticate and deliver, temporary Securities which are printed, lithographed, typewritten, mimeographed or otherwise produced, in any authorized denomination, substantially of the tenor of
the definitive Securities of such series in lieu of which they are issued and with such appropriate insertions, omissions, substitutions and other variations as the Officer or Officers executing such Securities may determine, as evidenced by their
execution thereof. 
 If temporary Securities of any series are issued, the Company will cause definitive Securities of such series to be
prepared without unreasonable delay. After the preparation of definitive Securities of such series, the temporary Securities of such series shall be exchangeable for definitive Securities of such series upon surrender of the temporary Securities of
such series at the office or agency of the Company in a Place of Payment for such series, without charge to the Holder. Upon surrender for cancellation of any one or more temporary Securities of any series, the Company shall execute and the Trustee
shall authenticate and deliver in exchange therefor one or more definitive Securities of the same series, of any authorized denominations and of like tenor and aggregate principal amount. Until so exchanged, the temporary Securities of any series
shall in all respects be entitled to the same benefits under this Indenture as definitive Securities of such series and tenor. 

Section 305 Registration, Registration of Transfer and Exchange. The Company shall cause to be kept at the Corporate Trust Office
of the Trustee a register (the “Security Register”) in which, subject to such reasonable regulations as it may prescribe, the Company shall provide for the registration of Securities and of transfers of Securities. The Trustee is
hereby appointed “Security Registrar” for the purpose of registering Securities and transfers of Securities as herein provided. 

  
 15 

 Upon surrender for registration of transfer of any Security of a series at the office or
agency of the Company in a Place of Payment for such series, the Company shall execute, and the Trustee shall authenticate and deliver, in the name of the designated transferee or transferees, one or more new Securities of the same series, of any
authorized denominations and of like tenor and principal amount. 
 At the option of the Holder, Securities of any series may be exchanged
for other Securities of the same series, of any authorized denominations and of like tenor and principal amount, upon surrender of the Securities to be exchanged at such office or agency. Whenever any Securities are so surrendered for exchange, the
Company shall execute, and the Trustee shall authenticate and deliver, the Securities, which the Holder making the exchange is entitled to receive. 

All Securities issued upon any registration of transfer or exchange of Securities shall be the valid obligations of the Company, evidencing
the same debt, and entitled to the same benefits under this Indenture, as the Securities surrendered upon such registration of transfer or exchange. 

Every Security presented or surrendered for registration of transfer or for exchange shall (if so required by the Company or the Trustee) be
duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Security Registrar duly executed, by the Holder thereof or such Holder’s attorney duly authorized in writing. 

No service charge shall be made for any registration of transfer or exchange of Securities, but the Company or the Trustee may require payment
of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Securities, other than exchanges pursuant to Section 304, 906 or
1107 not involving any transfer. 
 If the Securities of any series (or of any series and specified tenor) are to be redeemed in
part, the Company shall not be required (A) to issue, register the transfer of or exchange any Securities of such series (or of such series and specified tenor, as the case may be) during a period beginning at the opening of business 15 days
before the day of the mailing of a notice of redemption of any such Securities selected for redemption under Section 1103 and ending at the close of business on the day of such mailing, or (B) to register the transfer
of or exchange any Security so selected for redemption in whole or in part, except the unredeemed portion of any Security being redeemed in part. 

Neither the Trustee nor the Security Registrar shall have any obligation or duty to monitor, determine or inquire as to compliance with any
restrictions on transfer imposed under this Indenture or under applicable law with respect to any transfer of any interest in any Security (including any transfers between or among Depositary participants or beneficial owners of interests in any
Global Security) other than to require delivery of such certificates and other documentation or evidence as are expressly required by, and to do so if and when expressly required by the terms of, this Indenture, and to examine the same to determine
substantial compliance as to form with the express requirements hereof. 
 The provisions of clauses (1), (2), (3) and
(4) of this paragraph shall apply only to Global Securities: 
  

	 	(1)	 Each Global Security authenticated under this Indenture shall be registered in the name of the Depositary
designated for such Global Security or a nominee thereof and delivered to such Depositary or a nominee thereof or custodian therefor, and each such Global Security shall constitute a single Security for all purposes of this Indenture.

  

	 	(2)	 Notwithstanding any other provision in this Indenture, and subject to such applicable provisions, if any, as
may be specified as contemplated by Section 301, no Global Security may be exchanged in whole or in part for Securities registered, and no transfer of a Global Security in whole or in part may be registered, in the name of
any Person other than the Depositary for such Global Security or a nominee thereof unless (A) such Depositary has notified the Company that it is unwilling or unable or no longer permitted under applicable law to continue as Depositary for such
Global Security and a successor Depositary is not appointed within 90 days, (B) there shall have occurred and be continuing an Event of Default with respect to such Global Security, (C) subject to the Applicable

  
 16 

	 	
Procedures, the Company so directs the Trustee by a Company Order or (D) there shall exist such circumstances, if any, in addition to or in lieu of the foregoing as have been specified for
this purpose as contemplated by Section 301. 

  

	 	(3)	 Subject to clause (2) above and to such applicable provisions, if any, as may be specified as contemplated
by Section 301, any exchange of a Global Security for other Securities may be made in whole or in part, and all Securities issued in exchange for a Global Security or any portion thereof shall be registered in such names as
the Depositary for such Global Security shall direct. 

  

	 	(4)	 Every Security authenticated and delivered upon registration of transfer of, or in exchange for or in lieu of,
a Global Security or any portion thereof, whether pursuant to this Section 305, 304, 306, 906 or 1107 or otherwise, shall be authenticated and delivered in the form of, and shall be, a Global
Security, unless such Security is registered in the name of a Person other than the Depositary for such Global Security or a nominee thereof. 

Section 306 Mutilated, Destroyed, Lost and Stolen Securities. If any mutilated Security is surrendered to the Trustee, the Company
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 Company and the Trustee (1) evidence to their satisfaction of the destruction, loss or theft of any
Security and (2) such security or indemnity as may be required by them to save each of them and any agent of either of them harmless, then, in the absence of notice to the Company or the Trustee that such Security has been acquired by a
protected purchaser, the Company shall execute and the Trustee shall authenticate and deliver, 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. 
 In case any such mutilated, destroyed, lost or stolen Security has become or is about to become due and
payable, the Company in its discretion may, instead of issuing a new Security, pay such Security. 
 Upon the issuance of any new Security
under this Section 306, 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 counsel to the Company and the fees and expenses of the Trustee and its counsel) connected therewith. 
 Every new Security of any series
issued pursuant to this Section 306 in lieu of any mutilated, destroyed, lost or stolen Security shall constitute an original additional contractual obligation of the Company, whether or not the mutilated, 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 such series duly issued hereunder. 

The provisions of this Section 306 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 307 Payment of
Interest; Interest Rights Preserved. Except as otherwise provided as contemplated by Section 301 with respect to any series of Securities, interest on any Security which is payable, and is punctually paid or duly
provided for, on any Interest Payment Date shall be paid to the Person in whose name that Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest. 

Any interest on any Security of any series which is payable, but is not punctually paid or duly provided for, on any Interest Payment Date
(the “Defaulted Interest”) shall forthwith cease to be payable to the Holder on the relevant Regular Record Date by virtue of having been such Holder, and such Defaulted Interest may be paid by the Company, at its election in each
case, as provided in clause (1) or (2) below: 

  
 17 

	 	(1)	 The Company may elect to make payment of any Defaulted Interest payable on Securities of a series to the
Persons in whose names the Securities of such series (or their respective Predecessor Securities) are registered at the close of business on a Special Record Date for the payment of such Defaulted Interest, which shall be fixed in the following
manner. The Company shall notify the Trustee in writing of the amount of Defaulted Interest proposed to be paid on each Security of such series 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 be not more than 15 days and
not less than 10 days prior to the date of the proposed payment and not less than 10 days after the receipt by the Trustee of the notice of the proposed payment. The Trustee shall promptly notify the 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 given to each Holder of Securities of such series in the manner set forth in
Section 106, not less than 10 days prior to such Special Record Date. Notice of the proposed payment of such Defaulted Interest and the Special Record Date therefor having been so mailed, such Defaulted Interest shall be
paid to the Persons in whose names the Securities of such series (or their respective Predecessor Securities) are registered at the close of business on such Special Record Date and shall no longer be payable pursuant to the following clause
(2). 

  

	 	(2)	 The Company may make payment of any Defaulted Interest on the Securities of any series in any other lawful
manner not inconsistent with the requirements of any securities exchange on which such Securities 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. 

 Subject to the foregoing
provisions of this Section 307, each Security delivered under this Indenture upon registration of transfer of or in exchange for or in lieu of any other Security shall carry the rights to interest accrued and unpaid, and to
accrue, which were carried by such other Security. 
 In the case of any Security which is converted after any Regular Record Date and on or
prior to the next succeeding Interest Payment Date (other than any Security whose Maturity is prior to such Interest Payment Date), interest whose Stated Maturity is on such Interest Payment Date shall be payable on such Interest Payment Date
notwithstanding such conversion, and such interest (whether or not punctually paid or made available for payment) shall be paid to the Person in whose name that Security (or one or more Predecessor Securities) is registered at the close of business
on such Regular Record Date. Except as otherwise expressly provided in the immediately preceding sentence, in the case of any Security which is converted, interest whose Stated Maturity is after the date of conversion of such Security shall not be
payable. Notwithstanding the foregoing, the terms of any Security that may be converted may provide that the provisions of this paragraph do not apply, or apply with such additions, changes or omissions as may be provided thereby, to such Security.

 Section 308 Persons Deemed Owners. Prior to due presentment of a Security for registration of transfer, the Company, the
Trustee and any agent of the Company or the Trustee may treat the Person in whose name such Security is registered as the owner of such Security for the purpose of receiving payment of principal of and premium, if any, and, subject to
Section 307, any interest on such Security and for all other purposes whatsoever, whether or not such Security be overdue, and neither the Company, the Trustee nor any agent of the Company or the Trustee shall be affected
by notice to the contrary. 
 Section 309 Cancellation. All Securities surrendered for payment, redemption, registration of
transfer or exchange or conversion or for credit against any sinking fund payment shall, if surrendered to any Person other than the Trustee, be delivered to the Trustee and shall be promptly cancelled by it. The Company may at any time deliver to
the Trustee for cancellation any Securities previously authenticated and delivered hereunder which the Company may have acquired in any manner whatsoever, and may deliver to the Trustee (or to any other Person for delivery to the Trustee) for
cancellation any Securities previously authenticated hereunder which the Company has not issued and 

  
 18 

 
sold, and all Securities so delivered shall be promptly cancelled by the Trustee. No Securities shall be authenticated in lieu of or in exchange for any Securities cancelled as provided in this
Section 309, except as expressly permitted by this Indenture. All cancelled Securities held by the Trustee shall be disposed of in accordance with its customary procedures. The Trustee shall provide the Company a list of
all Securities that have been cancelled from time to time as requested, in writing, by the Company. 
 Section 310 Computation of
Interest. Except as otherwise specified as contemplated by Section 301 for Securities of any series, interest on the Securities of each series shall be computed on the basis of a 360-day year of twelve 30-day months.

 Section 311 CUSIP or ISIN Numbers. The Company in issuing any series of the Securities may use CUSIP or ISIN numbers and/or
other similar numbers, if then generally in use, and thereafter with respect to such series, the Trustee may use such numbers in any notice of redemption with respect to such series; 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 of such series or as contained in any notice of a redemption and that reliance may be placed only on the other identification numbers printed on the
Securities of such series, and any such redemption shall not be affected by any defect in or omission of such numbers. The Company will promptly make the Trustee aware of any changes to the CUSIP or ISIN numbers. 

Section 312 Original Issue Discount. If any of the Securities is an Original Issue Discount Security, the Company shall file with
the Trustee promptly at the end of each calendar year (1) a written notice specifying the amount of original issue discount (including daily rates and accrual periods) accrued on such Outstanding Original Issue Discount Securities as of the end
of such year and (2) such other specific information relating to such original issue discount as may then be relevant under the Internal Revenue Code. 

Section 313 General Provisions Relating to Global Securities. Owners of beneficial interests in the Securities evidenced by a
Global Security will not be entitled to any rights under this Indenture with respect to such Global Security, and the Depositary or its nominee may be treated by the Company and the Trustee and any agent of the Company or the Trustee, including any
Security Registrar or Paying Agent as the owner and Holder of such Global Security for all purposes whatsoever. None of the Company, the Trustee, the Security Registrar, the Paying Agent or any other agent of the Company or of the Trustee shall have
any responsibility or liability for any aspect of the records relating to or payments made on account of beneficial ownership interests of a Global Security or for maintaining, supervising or reviewing any records relating to such beneficial
ownership interests. None of the Company, the Trustee, the Security Registrar, the Paying Agent or any other agent of the Company or of the Trustee shall have any responsibility or liability to any person for any acts or omissions of the Depositary
or its nominee in respect of a Global Security, for the records of any such Depositary, including records in respect of beneficial ownership interests in respect of such Global Security, for any transactions between such Depositary and any
participant or indirect participant in such Depositary or between or among such Depositary, any participant or indirect participant in such Depositary and/or any Holder or owner of a beneficial interest in such Global Security, or for any transfers
of beneficial interests in any such Global Security. Notwithstanding the foregoing, nothing herein shall prevent the Company, the Trustee, the Security Registrar or the Paying Agent or such agent from giving effect to any written certification,
proxy or other authorization furnished by the Depositary or its nominee or impair, as between the Depositary or its nominee and such owners of beneficial interests, the operation of customary practices governing the exercise of the rights of the
Depositary or its nominee as Holder of any Global Security. 
 Section 314 No Gross Up. Unless otherwise provided in an
applicable supplemental indenture, the Company and the Trustee shall be entitled to make any withholding or deduction for, or on account of, any other present or future taxes, duties, assessments or governmental charges, and the Company shall not be
obligated to pay any additional amounts with respect to the Securities as a result of any such withholding or deduction. 
 ARTICLE IV

 SATISFACTION AND DISCHARGE 

Section 401 Satisfaction and Discharge of Indenture. This Indenture shall, upon Company Request, cease to be of further effect
with respect to any series of Securities specified in such Company Request (except as to any surviving rights of registration of transfer or exchange of Securities of such series herein expressly provided for), and

  
 19 

 
the Trustee, at the expense of the Company, shall execute proper instruments acknowledging satisfaction and discharge of this Indenture as to such series, when: 

 

	 	(1)	 either 

  

	 	(A)	 all Securities of such series theretofore authenticated and delivered (other than (i) Securities which
have been mutilated, destroyed, lost or stolen and which have been replaced or paid as provided in Section 306 and (ii) Securities for whose payment money has theretofore been deposited in trust or segregated and held
in trust by the Company and thereafter repaid to the Company or discharged from such trust, as provided in Section 1003) have been delivered to the Trustee for cancellation; or 

 

	 	(B)	 all such Securities of such series not theretofore delivered to the Trustee for cancellation

  

	 	(i)	 have become due and payable, or 

 

	 	(ii)	 will become due and payable at their Stated Maturity within one year of the date of deposit, or

  

	 	(iii)	 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 Company, 

 and the Company, in the case of (i),
(ii) or (iii) above, has deposited or caused to be deposited with the Trustee as trust funds in trust for the purpose money in an amount sufficient to pay and discharge the entire indebtedness on such Securities not theretofore
delivered to the Trustee for cancellation, for principal and premium, if any, and interest to the date of such deposit (in the case of Securities which have become due and payable) or to the Stated Maturity or Redemption Date, as the case may be;

  

	 	(2)	 the Company has paid or caused to be paid all other sums payable hereunder by the Company; and

  

	 	(3)	 the Company has delivered to the Trustee an Officer’s Certificate of the Company and an Opinion of
Counsel, each stating that all conditions precedent herein provided for relating to the satisfaction and discharge of this Indenture as to such series have been complied with. 

In the event there are Securities of two or more series hereunder, the Trustee shall be required to execute an instrument acknowledging
satisfaction and discharge of this Indenture only if requested to do so with respect to Securities of such series as to which it is Trustee and if the other conditions thereto are met. 

Notwithstanding the satisfaction and discharge of this Indenture, the obligations of the Company to the Trustee under
Section 607 and, if money shall have been deposited with the Trustee pursuant to subclause (B) of clause (1) of this Section 401, the obligations of the Trustee under
Section 402 and the last paragraph of Section 1003 shall survive. 
 Section 402 Application of Trust
Money. Subject to the provisions of the last paragraph of Section 1003, all money deposited with the Trustee pursuant to Section 401 shall be held in trust and applied by it, in accordance with the provisions of
the applicable series of Securities and this Indenture, to the payment, either directly or through any Paying Agent (including the Company acting as Paying Agent) as the Trustee may determine, to the Persons entitled thereto, of the principal and
premium, if any, and interest for whose payment such money has been deposited with the Trustee. All money deposited with the Trustee pursuant to Section 401 (and held by it or any Paying Agent) for the payment of Securities
subsequently converted into other property shall be returned to the Company upon Company Request. The Company may direct by a Company Order the investment of any money deposited with the Trustee pursuant to Section 401,
without distinction between principal and income, in (1) United States Treasury securities with a maturity of one year or less or (2) a money market fund that invests solely in short-term United States Treasury securities (including money
market funds for which the Trustee or an affiliate of the Trustee serves as 

  
 20 

 
investment advisor, administrator, shareholder, servicing agent and/or custodian or sub-custodian, notwithstanding that (a) the Trustee charges and
collects fees and expenses from such funds for services rendered and (b) the Trustee charges and collects fees and expenses for services rendered pursuant to this Indenture at any time) and from time to time the Company may direct the
reinvestment of all or a portion of such money in other securities or funds meeting the criteria specified in clause (1) or (2) of this Section 402. 

ARTICLE V 
 REMEDIES

 Section 501 Events of Default. Except as may be otherwise provided pursuant to Section 301 for
Securities of any series, an “Event of Default” means, whenever used herein or in a Security issued hereunder with respect to Securities of any series, any one of the following events (whatever the reason for such Event of Default
and whether it shall be voluntary or involuntary or be effected by operation of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body): 

 

	 	(1)	 the Company defaults in the payment of any installment of interest on any Security of such series, and such
default continues for a period of 30 days after such payment becomes due and payable (whether or not prohibited by the subordination provisions of this Indenture); 

 

	 	(2)	 the Company defaults in the payment of the principal of or premium, if any, on any Security of such series when
the same becomes due and payable, regardless of whether such payment became due and payable at its Stated Maturity, upon redemption, upon declaration of acceleration or otherwise; 

 

	 	(3)	 the Company defaults in the deposit of any sinking fund payment, when and as due by the terms of a Security of
such series (whether or not prohibited by the subordination provisions of this Indenture); 

  

	 	(4)	 the Company defaults in the performance of, or breaches, any of its covenants and agreements in respect of any
Security of such series contained in this Indenture or in the Securities of such series (other than those referred to in (1), (2) or (3) above), and such default or breach continues for a period of 90 days after the notice
specified below; 

  

	 	(5)	 the Company, pursuant to or within the meaning of the Bankruptcy Law (as defined below): 

 

	 	(A)	 commences a voluntary case or proceeding; 

 

	 	(B)	 consents to the entry of an order for relief against it in an involuntary case or proceeding;

  

	 	(C)	 consents to the appointment of a Custodian (as defined below) of it or for all or substantially all of its
property; 

  

	 	(D)	 makes a general assignment for the benefit of its creditors; 

 

	 	(E)	 files a petition in bankruptcy or answer or consent seeking reorganization or relief; 

 

	 	(F)	 consents to the filing of such petition or the appointment of or taking possession by a Custodian; or

  

	 	(G)	 takes any comparable action under any foreign laws relating to insolvency; 

 

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

  

	 	(A)	 is for relief against the Company in an involuntary case, or adjudicates the Company insolvent or bankrupt;

  
 21 

	 	(B)	 appoints a Custodian of the Company or for all or substantially all of the property of the Company; or

  

	 	(C)	 orders the winding-up or liquidation of the Company (or any similar
relief is granted under any foreign laws), 

 and the order or decree remains unstayed and in effect for 90 days; or 

 

	 	(7)	 any other Event of Default provided with respect to Securities of such series occurs. 

A Default with respect to Securities of any series under clause (4) of this Section 501 shall not be an
Event of Default until the Trustee (by written notice to the Company) or the Holders of not less than 25% in aggregate principal amount of the Outstanding Securities of such series (by written notice to the Company and the Trustee) gives notice of
the Default and the Company does not cure such Default within the time specified in clause (4) after receipt of such notice. Such notice must specify the Default, demand that it be remedied and state that such notice is a “Notice
of Default.” 
 The Trustee is not to be charged with knowledge of any Default or Event of Default or knowledge of any cure of any
Default or Event of Default unless either (i) a Responsible Officer of the Trustee with direct responsibility for this Indenture has actual knowledge of such Default or Event of Default or (ii) written notice of such Default or Event of
Default has been given to the Trustee by the Company or any Holder. 
 Section 502 Acceleration of Maturity; Rescission and
Annulment. If an Event of Default with respect to Securities of any series at the time Outstanding (other than an Event of Default specified in Section 501(5) or (6) with respect to the Company) occurs and
is continuing, then in every such case the Trustee or the Holders of not less than 25% in aggregate principal amount of the Outstanding Securities of such series may declare the principal amount of all the Securities of such series (or, if any
Securities of such series are Original Issue Discount Securities, such portion of the principal amount of such Securities as may be specified by the terms thereof), together with any accrued and unpaid interest thereon, to be due and payable
immediately, by a notice in writing to the Company (and to the Trustee if given by Holders), and upon any such declaration, such principal amount (or specified amount), together with any accrued and unpaid interest thereon, shall become immediately
due and payable; provided, however, that the payment of principal, premium, if any, and accrued interest, if any, on the Securities of such series shall remain subordinated to the extent provided in Article XIV. If an Event of Default
specified in Section 501(5) or (6) with respect to the Company occurs, the principal amount of all the Securities of such series (or, in the case of any Security of such series which specifies an amount to be
due and payable thereon upon acceleration of the Maturity thereof, such amount as may be specified by the terms thereof), together with any accrued and unpaid interest thereon, shall automatically, and without any declaration or other action on the
part of the Trustee or any Holder, become immediately due and payable; provided, however, that the payment of principal, premium, if any, and accrued interest, if any, on the Securities of such series shall remain subordinated to the extent provided
in Article XIV. Upon payment of such amount, all obligations of the Company in respect of the payment of principal and interest of the Securities of such series shall terminate. 

Except as may otherwise be provided pursuant to Section 301 for all or any specific Securities of any series, at any
time after such a declaration of acceleration with respect to the Securities of any series has been made and before a judgment or decree for payment of the money due based on such acceleration has been obtained by the Trustee as hereinafter in this
Article V provided, the Holders of a majority in aggregate principal amount of the Outstanding Securities of such series, 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: 

 

	 	(A)	 all overdue interest on all Securities of such series, 

  
 22 

	 	(B)	 the principal of and premium, if any, on any Securities of such series which have become due otherwise than by
such declaration of acceleration and any interest thereon at the rate or rates prescribed therefor in the Securities of such series, 

  

	 	(C)	 to the extent that payment of such interest is lawful, interest upon overdue interest at the rate or rates
prescribed therefor in such Securities, and 

  

	 	(D)	 all sums paid or advanced by the Trustee hereunder and the reasonable compensation, expenses, disbursements and
advances of the Trustee, its agents and counsel; and 

  

	 	(2)	 all Events of Default with respect to Securities of such series, other than the nonpayment of the principal of
Securities of such series which have become due solely by such declaration of acceleration, have been cured or waived as provided in Section 512. 

No such rescission shall affect any subsequent default or impair any right consequent thereon. 

Section 503 Collection of Indebtedness and Suits for Enforcement by Trustee. The Company covenants that if (1) 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, or (2) default is made in the payment of the principal of or premium, if any, on any Security at
the Maturity thereof, the Company will, upon demand of the Trustee, pay to the Trustee, for the benefit of the Holders of such Securities, the whole amount then due and payable on such Securities for principal and premium, if any, and interest and,
to the extent that payment of such interest shall be legally enforceable, interest on any overdue principal and premium and on 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 an Event of Default with respect to Securities of any series occurs and is continuing, 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 necessary 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. 

Section 504 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 Company or any other obligor upon the Securities or the property of the Company or of such other obligor or their 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 Company for the payment of overdue principal or
interest) shall be entitled and empowered, by intervention in such proceeding or otherwise: 
  

	 	(1)	 to file and prove a claim for the whole amount of principal and premium, if any, 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 

  

	 	(2)	 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 the 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 to it for the reasonable
compensation, expenses, disbursements and advances of the Trustee, its agents and counsel, and for any other amounts due the Trustee under Section 607. 

  
 23 

 No provision of this Indenture 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; provided, however, that the Trustee may, on behalf of the Holders, vote for the election of a trustee in bankruptcy or similar official and be a member of a creditors’ or other similar committee. 

Section 505 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, any predecessor Trustee under
Section 607, its agents and counsel, be for the ratable benefit of the Holders of the Securities in respect of which such judgment has been recovered. 

Section 506 Application of Money Collected. Any money collected by the Trustee pursuant to this Article V, and any money or
other property distributable in respect of the Company’s obligations under this Indenture after the occurrence of an Event of Default, 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 on account of principal or premium, if any, 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 (including any predecessor Trustee) under Section 607; 

SECOND: To the payment of all Senior Indebtedness of the Company if and to the extent required by Article XIV or other subordination
provisions applicable with respect to such series; 
 THIRD: To the payment of the amounts then due and unpaid for principal of and premium,
if any, 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
premium, if any, and interest, respectively; and 
 FOURTH: To the payment of the remainder, if any, to the Company. 

Section 507 Limitation on Suits. Except as otherwise provided in Section 508, 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, assignee, trustee, liquidator or sequestrator (or similar official) or for any other remedy
hereunder, unless: 
  

	 	(1)	 Such Holder has previously given written notice to the Trustee of a continuing Event of Default, specifying an
Event of Default with respect to the Securities of such series; 

  

	 	(2)	 the Holders of not less than 25% in aggregate principal amount of the Outstanding Securities of such 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; 

  

	 	(3)	 such Holder or Holders have offered to the Trustee indemnity reasonably satisfactory to it against the costs,
expenses and liabilities to be incurred in compliance with such request; 

  

	 	(4)	 the Trustee has failed to institute any such proceeding for 60 days after its receipt of such notice, request
and offer of indemnity; and 

  

	 	(5)	 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 aggregate principal amount of the Outstanding Securities of such series; 

  
 24 

 it being understood and intended 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 of such Holders. 

Section 508 Unconditional Right of Holders to Receive Principal, Premium and Interest and to Convert Securities. 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 premium, if any, and, subject to Section 307, interest
on such Security on the respective Stated Maturities expressed in such Security (or, in the case of redemption or repayment, on the Redemption Date or date for repayment, as the case may be, and, if the terms of such Security so provide, to convert
such Security in accordance with its terms) and to institute suit for the enforcement of any such payment and, if applicable, any such right to convert, and such rights shall not be impaired without the consent of such Holder. 

Section 509 Rights and Remedies Cumulative. Except as otherwise provided with respect to the replacement or payment of mutilated,
destroyed, lost or stolen Securities in the last paragraph of Section 306, 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 prevent the concurrent assertion or employment of any other appropriate right or remedy. 

Section 510 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 V 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 511 Control by Holders. The Holders of not less than a majority in aggregate 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 
  

	 	(1)	 such direction shall not be in conflict with any rule of law or with this Indenture and shall not involve the
Trustee in any personal liability, and 

  

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

 Before proceeding to exercise any right or power hereunder at the direction of the Holders, the Trustee
shall be entitled to receive from such Holders 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. 

Section 512 Waiver of Past Defaults. The Holders of not less than a majority in aggregate 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 

 

	 	(1)	 in the payment of the principal of or premium, if any, or interest on any Security of such series, or

  

	 	(2)	 in respect of a covenant or provision hereof which under Article IX cannot be modified or amended
without the consent of the Holder of each Outstanding Security of such series affected, 

 provided that there had been paid or
deposited with the Trustee a sum sufficient to pay all amounts due to the Trustee and to reimburse the Trustee for any and all fees, expenses and disbursements advanced by the Trustee, its agents and its counsel incurred in connection with such
Default or Event of Default. 

  
 25 

 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 513 Undertaking for Costs. 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, a court may require any party litigant in such suit to file an undertaking to pay the costs of such suit, and may assess reasonable costs against any such party
litigant, in the manner and to the extent provided in the Trust Indenture Act; provided that neither this Section 513 nor the Trust Indenture Act shall be deemed to authorize any court to require such an undertaking
or to make such an assessment in any suit instituted by the Company or the Trustee, a suit by a Holder under Section 508, or a suit by Holders of more than 10% in aggregate principal amount of the Outstanding Securities.

 Section 514 Waiver of Usury, Stay or Extension Laws. The Company covenants (to the extent that it may lawfully do so) that it
will not at any time insist upon, or plead, or in any manner whatsoever claim or take the benefit or advantage of, any usury, stay or extension law wherever enacted, now or at any time hereafter in force, which may affect the covenants or the
performance of this Indenture; and the Company (to the extent that it may lawfully do so) hereby expressly waives all benefit or advantage of any such law and covenants that it will not 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 had been enacted. 

Section 515 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
Company, 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. 
 ARTICLE VI 

THE TRUSTEE 

Section 601 Certain Duties and Responsibilities of Trustee. 

 

	 	(1)	 Except during the continuance of an Event of Default with respect to any series of Securities,

  

	 	(A)	 the Trustee undertakes to perform such duties and only such duties as are specifically set forth in this
Indenture with respect to the Securities of such series, and no implied covenants or obligations shall be read into this Indenture against the Trustee with respect to such series; and 

 

	 	(B)	 in the absence of bad faith on its part, the Trustee may conclusively rely with respect to the Securities of
such series, as to the truth of the statements and the correctness of the opinions expressed therein, upon certificates or opinions furnished to the Trustee and conforming to the requirements of this Indenture; but in the case of any such
certificates or opinions which by any provision hereof are specifically required to be furnished to the Trustee, the Trustee shall be under a duty to examine the same to determine whether or not they conform to the requirements of this Indenture
(but need not confirm or investigate the accuracy of mathematical calculations or other facts, statements, opinions or conclusions stated therein). 

  

	 	(2)	 In case an Event of Default with respect to any series of Securities has occurred and is continuing, the
Trustee shall exercise such of the rights and powers vested in it by this Indenture with respect to the Securities of such series, 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 his or her own affairs. 

  
 26 

	 	(3)	 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: 

  

	 	(A)	 this Section 601(3) shall not be construed to limit the effect of
Section 601(1) or Section 601(4); 

  

	 	(B)	 the Trustee shall not be liable for any error of judgment made in good faith by a Responsible Officer, unless
it shall be proved that the Trustee was negligent in ascertaining the pertinent facts; and 

  

	 	(C)	 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 a majority in aggregate principal amount of the Outstanding Securities of any series, determined as provided in Sections 101, 104 and 111, 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. 

 

	 	(4)	 No provision of this Indenture shall require the Trustee to expend or risk its own funds or otherwise incur any
financial liability in the performance of any of its duties hereunder, or in the exercise of any of its rights or powers, if it shall have reasonable grounds for believing that repayment of such funds or adequate indemnity against such risk or
liability is not reasonably assured to it. 

  

	 	(5)	 Whether or not therein expressly so provided, every provision of this Indenture relating to the conduct or
affecting the liability of or affording protection to the Trustee shall be subject to the provisions of this Section 601. 

Section 602 Notice of Defaults. If a Default occurs with respect to Securities of any series and is continuing and written notice
of such Default has been received by a Responsible Officer of the Trustee at the Corporate Trust Office of the Trustee, the Trustee shall give to each Holder of Securities of such series notice of Default within 90 days after such written notice is
received by such Responsible Officer. Except in the case of a Default in payment of principal of or interest on any Security, the Trustee may withhold notice if and so long as a committee of Responsible Officers in good faith determines that
withholding such notice is in the interests of Holders of Securities of such series. 
 Section 603 Certain Rights of Trustee.
Subject to the provisions of Section 601: 
  

	 	(1)	 the Trustee may conclusively rely and shall fully be protected in acting or refraining from acting upon any
resolution, certificate, statement, instrument, opinion, report, notice, request, direction, consent, order, bond, debenture, note, other evidence of indebtedness or other paper or document believed by it to be genuine and to have been signed or
presented by the proper party or parties; 

  

	 	(2)	 any request or direction of the Company mentioned herein shall be sufficiently evidenced by a Company Request
or Company Order, and any resolution of the board of directors of the Company shall be sufficiently evidenced by a Company Resolution thereof; 

  

	 	(3)	 whenever in the administration of this Indenture the Trustee shall deem it desirable that a matter be proved or
established prior to taking, suffering or omitting any action hereunder, the Trustee (unless other evidence be herein specifically prescribed) may, in the absence of bad faith on its part, conclusively rely upon an Officer’s Certificate;

  

	 	(4)	 the Trustee may consult with counsel of its selection 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 in good faith and in reliance thereon; 

  
 27 

	 	(5)	 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 pursuant to this Indenture, 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; 

  

	 	(6)	 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, and, if the Trustee shall determine to make such further inquiry or investigation, it shall be entitled to examine the books, records and premises of the Company, personally or by agent or
attorney at the sole cost of the Company and shall incur no liability or additional liability of any kind by reason of such inquiry or investigation; 

  

	 	(7)	 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; 

 

	 	(8)	 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 each agent employed to act hereunder; 

 

	 	(9)	 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; 

  

	 	(10)	 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; 

  

	 	(11)	 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); 

  

	 	(12)	 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 from the Company or any Holder, and such notice references the Securities and this Indenture;

  

	 	(13)	 the Trustee may request that the Company deliver an Officer’s 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 Officer’s Certificate may be signed by any person authorized to sign an Officer’s Certificate, including any person
specified as so authorized in any such certificate previously delivered and not superseded; and 

  

	 	(14)	 the permissive right of the Trustee to take or refrain from taking action hereunder shall not be construed as a
duty. 

  
 28 

 Section 604 Not Responsible for Recitals or Issuance of Securities. The recitals
contained herein and in the Securities, except the Trustee’s certificates of authentication, shall be taken as the statements of the Company, and the Trustee assumes no responsibility for their correctness. The Trustee makes no representations
as to the validity or sufficiency of this Indenture or of the Securities. The Trustee shall not be accountable for the use or application by the Company of Securities or the proceeds thereof. 

Section 605 May Hold Securities. The Trustee, any Paying Agent, any Security Registrar or any other agent of the Company, in its
individual or any other capacity, may become the owner or pledgee of Securities and, subject to Sections 608 and 613, may otherwise deal with the Company with the same rights it would have if it were not Trustee, Paying Agent, Security
Registrar or such other agent. 
 Section 606 Money Held in Trust. Money held by the Trustee in trust hereunder 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 money
received by it hereunder except as otherwise agreed with the Company. 
 Section 607 Compensation and Reimbursement. The Company
agrees: 
  

	 	(1)	 to pay to the Trustee from time to time such reasonable compensation as shall be agreed to in writing between
the parties hereto for all services rendered by it hereunder (which compensation shall not be limited by any provision of law in regard to the compensation of a trustee of an express trust); 

 

	 	(2)	 except as otherwise expressly provided herein, to reimburse the Trustee upon its request for all reasonable
expenses, disbursements and advances incurred or made by the Trustee in accordance with any provision of this Indenture (including the reasonable compensation and the reasonable expenses and disbursements of its agents and counsel and all Persons
not regularly in its employ), except any such expense, disbursement or advance as may be attributable to its negligence, willful misconduct or bad faith, and the Trustee shall provide the Company reasonable notice of any expenditure not in the
ordinary course of business; and 

  

	 	(3)	 to indemnify each of the Trustee or any predecessor Trustee and their officers, agents, directors and employees
for, and to hold them harmless against, any and all loss, damage, claims, liability or expense incurred without negligence or bad faith on its part, arising out of or in connection with this Indenture, the Securities and the transactions
contemplated hereby and thereby, including the acceptance or administration of the trust or trusts hereunder, including the reasonable costs and expenses of defending itself against any claim (whether asserted by the Company, or any Holder or any
other Person) or liability in connection with the exercise or performance of any of its powers or duties hereunder, or in connection with enforcing the provisions of this Section. 

In addition to, but without prejudice to its other rights under this Indenture, when the Trustee incurs expenses or renders services in
connection with an Event of Default specified in Section 501(5) or 501(6), the expenses (including the reasonable charges and expenses of its counsel) and the compensation for the services are intended to constitute
expenses of administration under any applicable Federal or state bankruptcy, insolvency or other similar law. 
 “Trustee”
for purposes of this Section shall include any predecessor Trustee; provided, however, that the negligence, willful misconduct or bad faith of any Trustee hereunder shall not affect the rights of any other Trustee hereunder. 

As security for the performance of the obligations of the Company under this Section, the Trustee shall have a lien prior to the Securities
upon all property and funds held or collected by it hereunder for any amount owing it or any predecessor Trustee pursuant to this Section 607, except with respect to funds held in trust for the benefit of the Holders of
particular Securities for the payment of principal of and premium, if any, or interest. 

  
 29 

 The provisions of this Section 607 shall survive the satisfaction
and discharge of the Securities, the termination for any reason of this Indenture and the resignation or removal of the Trustee. 

Section 608 Conflicting Interests. If the Trustee has or shall acquire a conflicting interest within the meaning of
Section 310(b) of the Trust Indenture Act, the Trustee shall either eliminate such interest or resign, to the extent and in the manner provided by, and subject to the provisions of, the Trust Indenture Act and this Indenture. 

To the extent permitted by the Trust Indenture Act, the Trustee shall not be deemed to have a conflicting interest by virtue of being a
trustee under this Indenture with respect to Securities of more than one series. 
 Section 609 Corporate Trustee Required;
Eligibility. There shall at all times be one (and only one) Trustee hereunder with respect to the Securities of each series, which may be Trustee hereunder for Securities of one or more other series. Each Trustee shall be a Person that is
eligible pursuant to the Trust Indenture Act to act as such, has a combined capital and surplus of at least $50,000,000 and has its Corporate Trust Office in the Borough of Manhattan, The City of New York or Pittsburgh, Pennsylvania or any other
major city in the United States that is acceptable to the Company. If any such Person publishes reports of condition at least annually, pursuant to law or to the requirements of its supervising or examining authority, then for the purposes of this
Section 609 and to the extent permitted by the Trust Indenture Act, the combined capital and surplus of such Person shall be deemed to be its combined capital and surplus as set forth in its most recent annual report of
condition so published. If at any time the Trustee with respect to the Securities of any series shall cease to be eligible in accordance with the provisions of this Section 609, it shall resign immediately in the manner and
with the effect hereinafter specified in this Article VI. 
 Section 610 Resignation and Removal; Appointment of
Successor. No resignation or removal of the Trustee and no appointment of a successor Trustee pursuant to this Article VI shall become effective until the acceptance of appointment by the successor Trustee in accordance with the
applicable requirements of Section 611. 
 The Trustee or any successor hereafter appointed may resign at any time
with respect to the Securities of one or more series by giving written notice thereof to the Company. If the instrument of acceptance by a successor Trustee required by Section 611 shall not have been delivered to the
Trustee within 30 days after the giving of such notice of resignation, the resigning Trustee may petition, at the expense of the Company, any court of competent jurisdiction for the appointment of a successor Trustee with respect to the Securities
of such series. 
 The Trustee may be removed at any time with respect to the Securities of any series by Act of the Holders of a majority
in aggregate principal amount of the Outstanding Securities of such series, upon written notice delivered to the Trustee and to the Company. If the instrument of acceptance by a successor Trustee required by Section 611
shall not have been delivered to the Trustee within 30 days after the giving of such notice of removal, the Trustee being removed may petition, at the expense of the Company, any court of competent jurisdiction for the appointment of a successor
Trustee with respect to the Securities of such series. 
 If at any time: 

 

	 	(1)	 the Trustee shall fail to comply with Section 608 after written request therefor by
the Company or any Holder who has been a bona fide Holder of a Security for at least six months, or 

  

	 	(2)	 the Trustee shall cease to be eligible under Section 609 and shall fail to resign
after written request therefor by the Company or any such Holder, or 

  

	 	(3)	 the Trustee shall become incapable of acting or shall be adjudged 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, (A) the Company may remove the Trustee with respect to all Securities or
(B) subject to Section 513, Holders of 10% in aggregate principal amount of Securities of any series who have been bona fide Holders of such Securities for at least six months may, on behalf of themselves and all
others similarly situated, petition any court 

  
 30 

 
of competent jurisdiction for the removal of the Trustee with respect to all Securities and the appointment of a successor Trustee or Trustees. 

If the Trustee shall resign, be removed or become incapable of acting, or if a vacancy shall occur in the office of Trustee for any cause,
with respect to the Securities of one or more series, the Company shall promptly appoint a successor Trustee or Trustees with respect to the Securities of that or those series (it being understood that any such successor Trustee may be appointed
with respect to the Securities of one or more or all of such series and that at any time there shall be only one Trustee with respect to the Securities of any particular series) and shall comply with the applicable requirements of
Section 611. If, within one year after such resignation, removal or incapability, or the occurrence of such vacancy, a successor Trustee with respect to the Securities of any series shall be appointed by Act of the Holders
of a majority in aggregate principal amount of the Outstanding Securities of such series delivered to the Company and the retiring Trustee, the successor Trustee so appointed shall, forthwith upon its acceptance of such appointment in accordance
with the applicable requirements of Section 611, become the successor Trustee with respect to the Securities of such series and to that extent supersede the successor Trustee appointed by the Company. If no successor
Trustee with respect to the Securities of any series shall have been so appointed by the Company or the Holders and accepted appointment in the manner required by Section 611, Holders of 10% in aggregate principal amount of
Securities of any series who have been bona fide Holders of Securities of such series for at least six months may, on behalf of themselves and all others similarly situated, petition any court of competent jurisdiction for the appointment of a
successor Trustee with respect to the Securities of such series. 
 The Company shall give notice of each resignation and each removal of
the Trustee with respect to the Securities of any series and each appointment of a successor Trustee with respect to the Securities of any series to all Holders of Securities of such series in the manner provided in
Section 106. Each notice shall include the name of the successor Trustee with respect to the Securities of such series and the address of its Corporate Trust Office. 

Section 611 Acceptance of Appointment by Successor. In case of the appointment hereunder of a successor Trustee with respect to
all Securities, every such successor Trustee so appointed shall execute, acknowledge and deliver to the Company and the retiring Trustee a written 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 a written 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 subject nonetheless to the lien provided for in Section 607. 

In case of the appointment hereunder of a successor Trustee with respect to the Securities of one or more (but not all) series, the Company,
the retiring Trustee and each successor Trustee with respect to the Securities of one or more series shall execute and deliver an indenture supplemental hereto wherein each successor Trustee shall accept such appointment and which (1) shall
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 Securities of that or those series to
which the appointment of such successor Trustee relates, (2) if the retiring Trustee is not retiring with respect to all Securities, shall 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 Securities of that or those series as to which the retiring Trustee is not retiring shall continue to be vested in the retiring Trustee, and (3) shall add to or change any of the
provisions of this Indenture as shall be necessary to provide for or facilitate the administration of the trusts hereunder by more than one Trustee, it being understood that nothing herein or in such supplemental indenture shall constitute such
Trustees co-trustees of the same trust and that each such 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 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 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 Securities of that or those series 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 all property and money held by such retiring Trustee hereunder with respect to the Securities of that or those series to which the appointment
of such successor Trustee relates subject nonetheless to the lien provided for in Section 607. 

  
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 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 the first or second preceding paragraph, as the case may be. 

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 VI. 
 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 by mail, first class postage prepaid, to the Holders, as their names and addresses appear upon the Security Register. 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 612 Merger, Conversion, Consolidation or Succession to Business. Any Person into which the Trustee may be merged or
converted or with which it may be consolidated, or any Person resulting from any merger, conversion or consolidation to which the Trustee shall be a party, or any Person succeeding to all or substantially all the corporate trust business of the
Trustee, shall be the successor of the Trustee hereunder; provided that such Person shall be otherwise qualified and eligible under this Article VI, without the execution or filing of any paper or any further act on the part of any of
the parties hereto. In case any Securities 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 Securities so authenticated with the same effect as if such successor Trustee had itself authenticated such Securities; and in case at that time any Securities shall not have been authenticated, any successor to the Trustee may authenticate such
Securities either in the name of any predecessor hereunder or in the name of the successor to the Trustee; and in all such cases such certificates shall have the full force which it is anywhere in the Securities or in this Indenture provided
that the certificate of the Trustee shall have. 
 Section 613 Preferential Collection of Claims Against Company. If and when
the Trustee shall be or become a creditor of the Company (or any other obligor upon the Securities), the Trustee shall be subject to the provisions of the Trust Indenture Act regarding the collection of claims against the Company (or any such other
obligor). 
 Section 614 Trustee’s Application for Instructions from the Company. Any application by the
Trustee for written instructions from the Company may, at the option of the Trustee, set forth in writing any action proposed (to the extent not provided for in this Indenture) to be taken or omitted by the Trustee under this Indenture and the date
on and/or after which such action shall be taken or such omission shall be effective. The Trustee shall not be liable for any action taken by, or omission of, the Trustee in accordance with a proposal included in such application on or after the
date specified in such application (which date shall not be less than 10 Business Days after the date any officer of the Company actually receives such application, unless any such officer shall have consented in writing to any earlier date) unless
prior to taking any such action (or the effective date in the case of an omission), the Trustee shall have received written instructions in response to such application specifying the action to be taken or omitted. 

ARTICLE VII 

HOLDERS’ LISTS AND REPORTS BY THE TRUSTEE AND THE COMPANY 

Section 701 Company to Furnish Trustee Names and Addresses of Holders. If the Trustee is not the Security Registrar, the Company
shall cause the Security 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 Securities of each series. 
 Section 702 Preservation of
Information; Communications to Holders. The Trustee shall preserve, in as current a form as is reasonably practicable, the names and addresses of Holders contained in the most recent list furnished to the Trustee as provided in
Section 701 and the names and addresses of Holders received by the Trustee in its capacity as Security Registrar. The Trustee may dispose of any list furnished to it as provided in Section 701 upon
receipt of a new list so furnished. 

  
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 The rights of Holders to communicate with other Holders with respect to their rights under
this Indenture or under the Securities, and the corresponding rights and privileges of the Trustee, shall be as provided by the Trust Indenture Act. 

Every Holder of Securities, 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 Holders made pursuant to the Trust Indenture Act. 

Section 703 Reports by Trustee. The Trustee shall transmit to Holders such reports concerning the Trustee and its actions under
this Indenture as may be required pursuant to the Trust Indenture Act at the times and in the manner provided pursuant thereto. The Trustee shall, within 60 days after each May 15 following the date of this Indenture, deliver to Holders a brief
report, dated as of such May 15, pursuant to this Section 703. 
 A copy of each such report shall, at the
time of such transmission to Holders, be filed by the Trustee with each stock exchange and automated quotation system, if any, upon which any Securities are listed, with the Commission (if accepted for filing by the Commission) and the Company. The
Company will notify the Trustee when any Securities are listed on any stock exchange or automated quotation system or delisted therefrom. 

Section 704 Reports by the Company. The Company shall comply with all the applicable provisions of the Trust Indenture Act.
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 Officer’s Certificates of the Company). 
 ARTICLE VIII 

CONSOLIDATION, MERGER, SALE OF ASSETS AND OTHER TRANSACTIONS 

Section 801 Company May Merge or Transfer Assets on Certain Terms. The Company shall not be a party to a Substantially All Merger
or participate in a Substantially All Sale, unless: 
  

	 	(1)	 the Company is the surviving Person, or the Person formed by or surviving such Substantially All Merger or to
which such Substantially All Sale has been made (the “Successor Person”) is organized under the laws of the Permitted Jurisdictions and has expressly assumed by supplemental indenture all of the obligations of the Company under this
Indenture; 

  

	 	(2)	 immediately after giving effect to such transaction, no Default or Event of Default has occurred and is
continuing; and 

  

	 	(3)	 the Company delivers to the Trustee an Officer’s Certificate and an Opinion of Counsel, each stating that
such transaction and any supplemental indenture relating thereto comply with this Indenture and that all conditions precedent provided for in this Indenture relating to such transaction have been complied with. 

Section 802 Successor Person Substituted. Upon the consummation of a transaction contemplated by and consummated in accordance
with Section 801, the Successor Person shall succeed to, and be substituted for, and may exercise every right and power of, the Company under this Indenture, with the same effect as if such Successor Person had been an
original party to this Indenture, and the Company shall be released from all of its liabilities and obligations under this Indenture and the Securities. 

  
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 ARTICLE IX 

SUPPLEMENTAL INDENTURES 

Section 901 Supplemental Indentures Without Consent of Holders. Without the consent of any Holders, the Company and the Trustee,
at any time and from time to time, may enter into one or more indentures supplemental hereto, in form satisfactory to the Trustee, for any of the following purposes: 
  

	 	(1)	 to add to the covenants for the benefit of the Holders of all or any series of Securities (and if such
covenants are to be for the benefit of less than all series of Securities, stating that such covenants are expressly being included solely for the benefit of such series) or to surrender any right or power conferred upon the Company hereunder, under
any indenture supplemental hereto or under any series of Securities; 

  

	 	(2)	 to evidence the succession of another Person to the Company, or successive successions, and the assumption by
the Successor Person of the covenants, agreements and obligations of the Company pursuant to Article VIII; 

  

	 	(3)	 to add any additional Events of Default for the benefit of the Holders of all or any series of Securities (and
if such additional Events of Default are to be for the benefit of less than all series of Securities, stating that such additional Events of Default are expressly being included solely for the benefit of such series); 

 

	 	(4)	 to secure the Securities; 

 

	 	(5)	 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, pursuant to the requirements of
Section 611; 

  

	 	(6)	 to provide for the issuance of additional Securities of any series; 

 

	 	(7)	 to establish the form or terms of Securities of any series as permitted by Sections 201 and 301;

  

	 	(8)	 to comply with the rules of any applicable Depositary; 

 

	 	(9)	 to add to or change any of the provisions of this Indenture to such extent as shall be necessary to permit or
facilitate the issuance of Securities in uncertificated form; 

  

	 	(10)	 to add to, change or eliminate any of the provisions of this Indenture in respect of one or more series of
Securities; provided that any such addition, change or elimination (A) shall neither (i) apply to any Security of any series created prior to the execution of such supplemental indenture and entitled to the benefit of such provision
nor (ii) modify the rights of the Holder of any such Security with respect to such provision or (B) shall become effective only when there is no Security described in clause (i) Outstanding; 

 

	 	(11)	 to cure any ambiguity, to correct or supplement any provision of this Indenture which may be defective or
inconsistent with any other provision herein; 

  

	 	(12)	 to change any other provision contained in the Securities of any series or under this Indenture;
provided that such action pursuant to this clause (12) shall not adversely affect the interests of the Holders of Securities of any series in any material respect; and 

 

	 	(13)	 to conform any provision of this Indenture or the Securities of any series to the description of such
Securities contained in the Company’s prospectus, prospectus supplement, offering memorandum or similar document with respect to the offering of the Securities of such series. 

  
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 Section 902 Supplemental Indentures With Consent of Holders. With
the consent of the Holders of not less than a majority in aggregate 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 for
Securities), by Act of said Holders delivered to the Company and the Trustee, the Company and the Trustee may 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 modifying in any manner the rights of the Holders of Securities of such series under this Indenture; provided, however, no such supplemental indenture shall, without the consent of the
Holder of each Outstanding Security of such series affected thereby: 
  

	 	(1)	 change the Stated Maturity of the principal of, or any installment of principal of or interest on, any
Security; 

  

	 	(2)	 reduce the principal amount of any Security or reduce the amount of the principal of an Original Issue Discount
Security or any other Security which would be due and payable upon a declaration of acceleration of the Maturity thereof pursuant to Section 502, or reduce the rate of or extend the time of payment of interest on any
Security; 

  

	 	(3)	 reduce any premium payable upon the redemption of or change the date on which any Security may or must be
redeemed; 

  

	 	(4)	 change the coin or currency in which the principal of or premium, if any, or interest on any Security is
payable; 

  

	 	(5)	 impair the right of any Holder to institute suit for the enforcement of any such payment on or after the Stated
Maturity thereof (or, in the case of redemption or repayment, on or after the Redemption Date or Repayment Date, as applicable); 

  

	 	(6)	 reduce the percentage in principal amount of the Outstanding Securities of any series, the consent of whose
Holders is required for any such supplemental indenture, or the consent of whose Holders is required for any waiver (of compliance with certain provisions of this Indenture or certain defaults hereunder and their consequences) provided for in this
Indenture; 

  

	 	(7)	 modify any of the provisions of this Section 902,
Section 512 or Section 1005, except to increase any such percentage or to provide that certain other provisions of this Indenture cannot be modified or waived without the consent of the Holder of
each Outstanding Security affected thereby; provided, however, that this clause shall not be deemed to require the consent of any Holder with respect to changes in the references to “the Trustee” and concomitant changes in
this Section 902 and Section 1005, or the deletion of this proviso, in accordance with the requirements of Section 611 and Section 901(6);

  

	 	(8)	 if the Securities of any series are convertible into or for any other securities or property of the Company,
make any change that adversely affects in any material respect the right to convert any Security of such series (except as permitted by Section 901) or decrease the conversion rate or increase the conversion price of any
such Security of such series, unless such decrease or increase is permitted by the terms of such Security; 

  

	 	(9)	 subordinate the Securities of any series to any other obligation of the Company other than as provided in
Article XIV; 

  

	 	(10)	 modify the provisions of Article XIV in a manner adverse to any Holder of the Securities of any series;
or 

  

	 	(11)	 modify clauses (1) through (10) above. 

  
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 A supplemental indenture which changes or eliminates any covenant or other provision of this
Indenture which has expressly been included solely for the benefit of one or more particular series of Securities, or which modifies the rights of the Holders of Securities of such series with respect to such covenant or other provision, shall be
deemed not to affect the rights under this Indenture of the Holders of Securities of any other series. 
 It shall not be necessary for any
Act of Holders under this Section 902 to approve the particular form of any proposed supplemental indenture, but it shall be sufficient if such Act shall approve the substance thereof. 

Section 903 Execution of Supplemental Indentures. 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, in addition to the documents provided by Section 102, and,
subject to Section 601, shall be fully protected in relying upon, an Opinion of Counsel 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; provided, however, that no such Opinion of Counsel shall be required in the case of any supplemental indenture executed and
delivered concurrently with the original execution and delivery of this Indenture. 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. 
 Section 904 Effect of Supplemental Indentures. Upon the execution of any supplemental indenture
under this Article IX, this Indenture shall be modified in accordance therewith, and such supplemental indenture shall form a part of this Indenture for all purposes; and every Holder of Securities theretofore or thereafter authenticated and
delivered hereunder shall be bound thereby. 
 Section 905 Conformity with Trust Indenture Act. Every supplemental indenture
executed pursuant to this Article IX shall conform to the requirements of the Trust Indenture Act. 
 Section 906 Notice of
Supplemental Indenture; Reference in Securities to Supplemental Indentures. After a supplemental indenture under Section 901 (other than Section 901(8)) and 902 becomes effective, the Company
shall mail to the Trustee a notice briefly describing such supplemental indenture or a copy of such supplemental indenture and the Trustee shall on behalf of the Company and at the expense of the Company mail such notice or supplemental indenture to
Holders affected thereby. Any failure of the Trustee to mail such notice, or any defect therein, or any failure of the Trustee to mail such supplemental indenture, shall not in any way impair or affect the validity of any such supplemental
indenture. 
 Securities of any series authenticated and delivered after the execution of any supplemental indenture pursuant to this
Article IX may, and shall if required by the Trustee, bear a notation in form approved by the Trustee as to any matter provided for in such supplemental indenture. If the Company shall so determine, new Securities of any series so modified as
to conform, in the opinion of the Company, to any such supplemental indenture may be prepared and executed by the Company and authenticated and delivered by the Trustee in exchange for Outstanding Securities of such series. 

Section 907 Subordination Unimpaired. This Indenture may not be amended at any time to alter the subordination, as provided
herein, of any Securities then Outstanding without the written consent of the requisite holders of each series of Senior Indebtedness (as determined in accordance with the terms of the instrument governing such Senior Indebtedness) then outstanding
that would be adversely affected thereby. 
 ARTICLE X 

COVENANTS 

Section 1001 Payment of Principal, Premium, if any, and Interest. The Company covenants and agrees for the benefit of each series
of Securities that it will duly and punctually pay the principal of and premium, if any, and interest on the Securities of such series in accordance with the terms of the Securities and this Indenture. Principal and interest shall be considered paid
on the date due if, on or before 10:00 a.m. (New York City time) on such date, the Trustee or the Paying Agent (or, if the Company is the Paying Agent, the segregated account or separate trust fund 

  
 36 

 
maintained by the Company pursuant to Section 1003) holds in accordance with this Indenture money sufficient to pay all principal, premium and interest then due. 

The Company shall pay interest on overdue principal at the rate specified therefor in the Securities, and it shall pay interest on overdue
installments of interest at the same rate to the extent lawful as provided in Section 307. 
 Notwithstanding
anything to the contrary contained in this Indenture, the Company or the Paying Agent may, to the extent it is required to do so by law, deduct or withhold income or other similar taxes imposed by the United States of America or other domestic or
foreign taxing authorities from principal, premium or interest payments hereunder. 
 Section 1002 Maintenance of Office or
Agency. The Company will maintain in each Place of Payment for any series of Securities an office or agency where Securities of such series may be presented or surrendered for payment, where Securities of such series may be surrendered for
registration of transfer or exchange, where Securities may be surrendered for conversion, and where notices and demands to or upon the Company in respect of the Securities of such series and this Indenture may be served. The Company will give prompt
written notice to the Trustee of the location, and any change in the location, of such office or agency. If at any time the Company shall fail to maintain any such required office or agency or shall fail to furnish the Trustee with the address
thereof, such presentations, surrenders, notices and demands may be made or served at the Corporate Trust Office of the Trustee. The Company hereby appoints the Trustee as its agent to receive all such presentations, surrenders, notices and demands.

 The Company may also from time to time designate one or more other offices or agencies where the Securities of one or more series may be
presented or surrendered for any or all such purposes and may from time to time rescind such designations; provided, however, that no such designation or rescission shall in any manner relieve the Company of its obligation to maintain an
office or agency in each Place of Payment for Securities of any series for such purposes. The Company will give prompt written notice to the Trustee of any such designation or rescission and of any change in the location of any such other office or
agency. 
 With respect to any Global Security, and except as otherwise may be specified for such Global Security as contemplated by
Section 301, the Corporate Trust Office of the Trustee shall be the Place of Payment where such Global Security may be presented or surrendered for payment or for registration of transfer or exchange, or where successor
Securities may be delivered in exchange therefor; provided, however, that any such payment, presentation, surrender or delivery effected pursuant to the Applicable Procedures of the Depositary for such Global Security shall be deemed to have
been effected at the Place of Payment for such Global Security in accordance with the provisions of this Indenture. 
 Section 1003
Money for Securities Payments to Be Held in Trust. If the Company shall at any time act as Paying Agent with respect to any series of Securities, it will, on or before each due date for the principal of or premium, if any, or interest on any
of the Securities of such series, segregate and hold in trust for the benefit of the Holders of such Securities a sum sufficient to pay the principal and premium, if any, and interest so becoming due until such sums shall be paid to such Holders or
otherwise disposed of as herein provided and will promptly notify the Trustee of its action or failure so to act. 
 Whenever the Company
shall have one or more Paying Agents for any series of Securities, it will, no later than 10:00 a.m. (New York City time) on each due date for the principal of or premium, if any, or interest on any Securities of such series, deposit with a Paying
Agent a sum sufficient to pay such amount, such sum to be held in trust for the Holders of such Securities entitled to the same, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its action or failure so
to act. 
 The Company will cause each Paying Agent for any series of Securities other than the Trustee to execute and deliver to the
Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 1003, that such Paying Agent shall hold in trust for the benefit of Holders or the Trustee all money
held by such Paying Agent for the payment of principal of, premium, if any, or interest on the Securities and shall notify the Trustee in writing of any default by the Company in making any such payment and that it shall any time during the
continuance of such default, upon the written request of the Trustee, forthwith pay to the Trustee all sums so held by such Paying Agent. 

  
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 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 by Company Order 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 trusts 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. 

Subject to any applicable abandoned property law, any money deposited with the Trustee or any Paying Agent, or then held by the Company, in
trust for the payment of the principal of or premium, if any, or interest on any Security of any series and remaining unclaimed for two years after such principal, premium or interest has become due and payable shall be paid to the Company on
Company Request, or (if then held by the Company) shall be discharged from such trust; and the Holder of such Security shall thereafter, as an unsecured general creditor, look only to the Company for payment thereof, and all liability of the Trustee
or such Paying Agent with respect to such trust money, and all liability of the Company as trustee thereof, shall thereupon cease. 

Section 1004 Statement by Officers as to Default. The Company shall deliver to the Trustee within 120 days after the end of each
fiscal year of the Company ending after the date hereof an Officer’s Certificate of the Company and one of the two Officers signing must be the Company’s principal executive officer, principal financial officer or principal accounting
officer, stating whether or not, to the best knowledge of such Officer, the Company is in default in the performance and observance of any of the terms, provisions and conditions of this Indenture applicable to it (without regard to any period of
grace or requirement of notice provided hereunder) and, if the Company shall be in default, specifying all such defaults and the nature and status thereof of which such Officer may have knowledge. 

The Company shall deliver to the Trustee, as soon as possible and in any event within 30 days after the Company becomes aware of the
occurrence of any Default or Event of Default an Officer’s Certificate setting forth the details of such Default or Event of Default, its status and the actions which the Company is taking or proposes to take with respect thereto. 

Section 1005 Waiver of Certain Covenants. Except as otherwise specified as contemplated by Section 301
for Securities of such series, the Company may, with respect to the Securities of any series, omit in any particular instance to comply with any term, provision or condition set forth in any covenant provided pursuant to
Section 301(18), Section 901(1) or Section 901(11) for the benefit of the Holders of such series or in Article VIII, if before the time for such compliance the
Holders of at least a majority in aggregate principal amount of the Outstanding Securities of such series shall, by Act of such Holders, either waive such compliance in such instance or generally waive compliance with such term, provision or
condition, but no such waiver shall extend to or affect such term, provision or condition except to the extent so expressly waived, and, until such waiver shall become effective, the obligations of the Company and the duties of the Trustee in
respect of any such term, provision or condition shall remain in full force and effect. 
 ARTICLE XI 

REDEMPTION OF SECURITIES 

Section 1101 Applicability of Article. Securities of any series which are redeemable before their Stated Maturity shall be
redeemable in accordance with their terms and (except as otherwise specified as contemplated by Section 301 for such Securities) in accordance with this Article XI. 

Section 1102 Election to Redeem; Notice to Trustee. The election of the Company to redeem any Securities shall be evidenced by a
Company Resolution or an Officer’s Certificate of the Company or in another manner specified as contemplated by Section 301 for such Securities. In case of any redemption at the election of the Company of the
Securities of any series (including any such redemption affecting only a single Security), the Company shall, at least 15 days prior to the date any notice of a redemption is to be given to the Holders pursuant to
Section 1104 (unless a shorter notice shall be satisfactory to the Trustee), notify the Trustee of such Redemption Date, of the principal amount of Securities of such series to be redeemed and, if applicable, of the tenor
of the Securities to be redeemed. In the case of any redemption of Securities prior to the expiration of any restriction on such redemption provided in the terms of such Securities or elsewhere in this Indenture, the Company shall furnish the
Trustee with an Officer’s Certificate of the Company evidencing compliance with such restriction. 

  
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 Section 1103 Selection by Trustee of Securities to Be Redeemed. If less than all
the Securities of any series are to be redeemed (unless all the Securities of such series and of a specified tenor are to be redeemed or unless such redemption affects only a single Security), the particular Securities to be redeemed shall be
selected not more than 60 days prior to the Redemption Date by the Trustee, from the Outstanding Securities of such series not previously called for redemption, by such method as the Trustee shall deem fair and appropriate, including by lot or pro
rata, and which may provide for the selection for redemption of a portion of the principal amount of any Security of such series; provided that the unredeemed portion of the principal amount of any Security shall be in an authorized
denomination (which shall not be less than the minimum authorized denomination) for such Security. If less than all the Securities of such series and of a specified tenor are to be redeemed (unless such redemption affects only a single Security),
the particular Securities to be redeemed shall be selected not more than 60 days prior to the Redemption Date by the Trustee, from the Outstanding Securities of such series and specified tenor not previously called for redemption in accordance with
the preceding sentence. Notwithstanding the foregoing, as long as the Securities of any series are represented by one or more Global Securities, beneficial interests in such Securities shall be selected for redemption by the Depositary therefor in
accordance with the Applicable Procedures. 
 If any Security selected for partial redemption is converted in part before termination of the
conversion right with respect to the portion of the Security so selected, the converted portion of such Security shall be deemed (so far as may be) to be the portion selected for redemption. Securities which have been converted during a selection of
securities to be redeemed shall be treated by the Trustee as Outstanding for the purpose of such selection. 
 The Trustee shall promptly
notify the Company in writing of the Securities selected for redemption as aforesaid and, in case of any Securities selected for partial redemption as aforesaid, the principal amount thereof to be redeemed. 

The provisions of the three preceding paragraphs shall not apply with respect to any redemption affecting only a single Security, whether such
Security is to be redeemed in whole or in part. In the case of any such redemption in part, the unredeemed portion of the principal amount of the Security shall be in an authorized denomination (which shall not be less than the minimum authorized
denomination) for such Security. 
 For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to
the redemption of Securities shall relate, in the case of any Securities redeemed or to be redeemed only in part, to the portion of the principal amount of such Securities which has been or is to be redeemed. 

Section 1104 Notice of Redemption. Notice of redemption shall be transmitted not less than 15 nor more than 60 days prior to the
Redemption Date (or within such period as otherwise specified as contemplated by Section 301 for Securities of a series), to each Holder of Securities to be redeemed, at such Holder’s address appearing in the Security
Register. 
 All notices of redemption shall identify the Securities to be redeemed and shall state: 

 

	 	(1)	 the Redemption Date; 

 

	 	(2)	 the Redemption Price (or the method of calculating such price); 

 

	 	(3)	 if less than all the Outstanding Securities of any series consisting of more than a single Security are to be
redeemed, the identification (and, in the case of partial redemption of any such Securities, the respective principal amounts) of the particular Securities to be redeemed and, if less than all the Outstanding Securities of any series consisting of a
single Security are to be redeemed, the principal amount of the particular Security to be redeemed; 

  

	 	(4)	 that on the Redemption Date the Redemption Price will become due and payable upon each such Security to be
redeemed and, if applicable, that interest thereon will cease to accrue on and after said date; 

  
 39 

	 	(5)	 the place or places where each such Security is to be surrendered for payment of the Redemption Price;

  

	 	(6)	 for any Securities that by their terms may be converted, the terms of conversion, the date on which the right
to convert the Security to be redeemed will terminate and the place or places where such Securities may be surrendered for conversion; 

  

	 	(7)	 that the redemption is for a sinking fund, if such is the case; and 

 

	 	(8)	 if applicable, the CUSIP, ISIN or any similar numbers of the Securities of such series; provided,
however, that no representation will be made as to the correctness or accuracy of the CUSIP, ISIN or any similar number, if any, listed in such notice or printed on the Securities. 

Notice of redemption of Securities to be redeemed at the election of the Company shall be given by the Company or, at the Company’s
request (which may be rescinded or revoked at any time prior to the time at which the Trustee shall have given such notice to the Holders), by the Trustee in the name and at the expense of the Company. The notice, if mailed in the manner herein
provided, shall be conclusively presumed to have been given, whether or not the Holder receives such notice. In any case, failure to give such notice by mail or any defect in the notice to the Holder of any Security designated for redemption as a
whole or in part shall not affect the validity of the proceedings for the redemption of any other Securities. 
 Section 1105
Deposit of Redemption Price. By no later than 10:00 a.m. (New York City time) on the Business Day prior to any Redemption Date, the Company shall deposit or cause to be deposited with the Trustee or with a Paying Agent (or, if the Company is
acting as Paying Agent, segregate and hold in trust as provided in Section 1003) an amount of money sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date or the Securities of the series
provide otherwise) accrued interest on, all the Securities which are to be redeemed on that date, other than Securities or portions of Securities called for redemption which are owned by the Company or any Subsidiary of the Company and have been
delivered by the Company or such Subsidiary to the Trustee for cancellation. All money, if any, earned on funds held by the Paying Agent shall be remitted to the Company. In addition, the Paying Agent shall promptly return to the Company any money
deposited with the Paying Agent by the Company in excess of the amounts necessary to pay the Redemption Price of, and accrued interest, if any, on, all Securities to be redeemed. 

If any Security called for redemption is converted, any money deposited with the Trustee or with any Paying Agent or so segregated and held in
trust for the redemption of such Security shall (subject to any right of the Holder of such Security or any Predecessor Security to receive interest as provided in the last paragraph of Section 307 or in the terms of such
Security) be paid to the Company upon Company Request or, if then held by the Company, shall be discharged from such trust. 

Section 1106 Securities Payable on Redemption Date. Notice of redemption having been given as aforesaid, the Securities so to be
redeemed shall, on the Redemption Date, become due and payable at the Redemption Price therein specified, and from and after such date (unless the Company shall default in the payment of the Redemption Price and accrued interest) such Securities
shall cease to bear interest. Upon surrender of any such Security for redemption in accordance with said notice, such Security shall be paid by the Company at the Redemption Price, together, if applicable, with accrued interest to the Redemption
Date; provided, however, that, unless otherwise specified as contemplated by Section 301, installments of interest whose Stated Maturity is on or prior to the Redemption Date will be payable to the Holders of such
Securities, or one or more Predecessor Securities, registered as such at the close of business on the relevant Record Dates according to their terms and the provisions of Section 307. 

If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall,
until paid, bear interest from the Redemption Date at the rate prescribed therefor in the Security. 

  
 40 

 Section 1107 Securities Redeemed in Part. Any Security which is to be redeemed
only in part shall be surrendered at a Place of Payment therefor (with, if the Company or the Trustee so requires, due endorsement by, or a written instrument of transfer in form satisfactory to the Company and the Trustee duly executed by, the
Holder thereof or such Holder’s attorney duly authorized in writing), and the Company shall execute, and the Trustee shall authenticate and deliver to the Holder of such Security without service charge, a new Security or Securities of the same
series and of like tenor, of any authorized denomination as requested by such Holder, in principal amount equal to and in exchange for the unredeemed portion of the principal of the Security so surrendered. 

ARTICLE XII 
 SINKING
FUNDS 
 Section 1201 Applicability of Article. The provisions of this Article XII shall be applicable to any sinking
fund for the retirement of Securities of any series except as otherwise specified as contemplated by Section 301 for such Securities. 

The minimum amount of any sinking fund payment provided for by the terms of any series of Securities is herein referred to as a
“mandatory sinking fund payment,” and any payment in excess of such minimum amount provided for by the terms of such Securities is herein referred to as an “optional sinking fund payment.” If provided for by the terms of any
series of Securities, the cash amount of any sinking fund payment may be subject to reduction as provided in Section 1202. Each sinking fund payment shall be applied to the redemption of Securities of the series as provided
for by the terms of such Securities. 
 Section 1202 Satisfaction of Sinking Fund Payments with Securities. The Company
(1) may deliver Outstanding Securities of a series (other than any previously called for redemption) and (2) may apply as a credit Securities of a series which have been redeemed either at the election of the Company pursuant to the terms
of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to any Securities of such
series required to be made pursuant to the terms of such Securities as and to the extent provided for by the terms of such Securities; provided that the Securities to be so credited have not been previously so credited. The Securities to be
so credited shall be received and credited for such purpose by the Trustee at the Redemption Price, as specified in the Securities so to be redeemed, for redemption through operation of the sinking fund and the amount of such sinking fund payment
shall be reduced accordingly. 
 Section 1203 Redemption of Securities for Sinking Fund. Not less than 60 days (or such shorter
period as shall be satisfactory to the Trustee) prior to each sinking fund payment date for any Securities, the Company will deliver to the Trustee an Officer’s Certificate of the Company specifying the amount of the next ensuing sinking fund
payment for such Securities pursuant to the terms of such Securities, 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 Securities pursuant
to Section 1202 and will also deliver to the Trustee any Securities to be so delivered. Not less than 30 days prior to 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 1103 and cause notice of the redemption thereof to be given in the name of and at the expense of the Company in the manner provided in
Section 1104. Such notice having been duly given, the redemption of such Securities shall be made upon the terms and in the manner stated in Section 1106 and 1107. 

ARTICLE XIII 
 DEFEASANCE
AND COVENANT DEFEASANCE 
 Section 1301 Company’s Option to Effect Defeasance or Covenant Defeasance.
Unless otherwise provided as contemplated by Section 301, Section 1302 and 1303 shall apply to all Securities and each series of Securities, denominated in U.S. dollars and bearing interest
at a fixed rate, in accordance with any applicable requirements provided pursuant to Section 301 and upon compliance with the conditions set forth below in this Article XIII; and the Company may elect, at its option
at any time, to have Section 1302 and Section 1303 applied to any Securities or any series of Securities, designated pursuant to Section 301 as being defeasible pursuant
to such Section 1302 or Section 1303, in accordance with any applicable requirements provided pursuant to Section 301 and upon compliance with the conditions set forth
below in this Article XIII. Any such election shall be evidenced by a Company 

  
 41 

 
Resolution, Officer’s Certificate of the Company or in another manner specified as contemplated by Section 301 for such Securities. 

Section 1302 Defeasance and Discharge. Upon the Company’s exercise of its option, if any, to have this
Section 1302 applied to any Securities or any series of Securities, or if this Section 1302 shall otherwise apply to any Securities or any series of Securities, the Company shall be deemed to have
been discharged from its obligations with respect to such Securities as provided in this Section 1302 on and after the date the conditions set forth in Section 1304 are satisfied
(“Defeasance”). For this purpose, such Defeasance means that the Company shall be deemed to have paid and discharged the entire indebtedness represented by such Securities and to have satisfied all its other obligations under such
Securities and this Indenture insofar as such Securities are concerned (and the Trustee, at the expense of the Company, shall execute proper instruments acknowledging the same), subject to the following which shall survive until otherwise terminated
or discharged hereunder: (1) the rights of Holders of such Securities to receive, solely from the trust fund described in Section 1304 and as more fully set forth in such Section 1305,
payments in respect of the principal of and premium, if any, and interest on such Securities when payments are due, (2) the Company’s obligations with respect to such Securities under Sections 304, 305, 306,
1002 and 1003, (3) the rights, powers, trusts, duties and immunities of the Trustee hereunder and (4) this Article XIII. Subject to compliance with this Article XIII, the Company may exercise its option, if any, to
have this Section 1302 applied to the Securities of any series notwithstanding the prior exercise of its option, if any, to have Section 1303 applied to such Securities. 

Section 1303 Covenant Defeasance. Upon the Company’s exercise of its option, if any, to have this
Section 1303 applied to any Securities or any series of Securities, or if this Section 1303 shall otherwise apply to any Securities or any series of Securities, (1) the Company shall be
released from its obligations under Section 801 and any covenants provided pursuant to Section 301(18), Section 901(1) or Section 901(11) for the
benefit of the Holders of such Securities and (2) the occurrence of any event specified in Section 501(4) and Section 501(7) shall be deemed not to be or result in an Event of Default, in each
case with respect to such Securities as provided in this Section 1303 on and after the date the conditions set forth in Section 1304 are satisfied (“Covenant Defeasance”). For this
purpose, such Covenant Defeasance means that, with respect to such Securities, the Company may omit to comply with and shall have no liability in respect of any term, condition or limitation set forth in any such specified Section, whether directly
or indirectly by reason of any reference elsewhere herein to any such Section or by reason of any reference in any such Section to any other provision herein or in any other document, but the remainder of this Indenture and such Securities shall be
unaffected thereby. 
 Section 1304 Conditions to Defeasance or Covenant Defeasance. The following shall be the conditions to
the application of Section 1302 or 1303 to any Securities or any series of Securities: 
  

	 	(1)	 The Company shall irrevocably have deposited or caused to be deposited with the Trustee (or another trustee
which satisfies the requirements contemplated by Section 609 and agrees to comply with the provisions of this Article XIII applicable to it) as trust funds in trust for the purpose of making the following payments,
specifically pledged as security for, and dedicated solely to, the benefits of the Holders of such Securities, (A) money in an amount, or (B) U.S. Government Obligations which through the scheduled payment of principal and interest in
respect thereof in accordance with their terms will provide money in an amount, or (C) a combination thereof, in each case 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 and discharge, and which shall be applied by the Trustee (or any such other qualifying trustee) to pay and discharge, the principal of and premium, if any, and interest on such Securities to the
respective Stated Maturities or Redemption Dates, in accordance with the terms of this Indenture and such Securities. 

  

	 	(2)	 In the event of an election to have Section 1302 apply to any Securities or any
series of Securities, the Company shall have delivered to the Trustee an Opinion of Counsel stating that (A) the Company has received from, or there has been published by, the Internal Revenue Service a ruling or (B) since the date of this
Indenture, there has been a change in the applicable Federal income tax law, in either case (A) or (B) to the effect that, and based thereon such opinion shall confirm that, the Holders of such Securities will not recognize gain
or loss for Federal income tax purposes as a result of the deposit, Defeasance and discharge to be effected with respect to such Securities and 

  
 42 

	 	
will be subject to Federal income tax on the same amount, in the same manner and at the same times as would be the case if such deposit, Defeasance and discharge were not to occur.

  

	 	(3)	 In the event of an election to have Section 1303 apply to any Securities or any
series of Securities, the Company shall have delivered to the Trustee an Opinion of Counsel to the effect that the Holders of such Securities will not recognize gain or loss for Federal income tax purposes as a result of the deposit and Covenant
Defeasance to be effected with respect to such Securities and will be subject to Federal income tax on the same amount, in the same manner and at the same times as would be the case if such deposit and Covenant Defeasance were not to occur.

  

	 	(4)	 The Company shall have delivered to the Trustee an Officer’s Certificate of the Company to the effect that
neither such Securities nor any other Securities of the same series, if then listed on any securities exchange, will be delisted as a result of such deposit. 

  

	 	(5)	 No Default or Event of Default with respect to such Securities or any other Securities shall have occurred and
be continuing at the time of such deposit or, insofar as Section 501(5) or Section 501(6) are concerned, at any time on or prior to the 90th day after the date of such deposit (it being understood
that this condition shall not be deemed satisfied until after such 90th day). 

  

	 	(6)	 Such Defeasance or Covenant Defeasance shall not result in a breach or violation of, or constitute a default
under, any other material agreement or instrument to which the Company is a party or by which it is bound. 

  

	 	(7)	 The Company shall have delivered to the Trustee an Officer’s Certificate of the Company and an Opinion of
Counsel, each stating that all conditions precedent with respect to such Defeasance or Covenant Defeasance have been complied with (in each case, subject to the satisfaction of the condition in clause (5)). 

Before or after a deposit, the Company may make arrangements satisfactory to the Trustee for the redemption of Securities at a future date in
accordance with Article XI. 
 Section 1305 Deposited Money and U.S. Government Obligations to Be Held in Trust;
Miscellaneous Provisions. Subject to the provisions of the last paragraph of Section 1003, all money and U.S. Government Obligations (including the proceeds thereof) deposited with the Trustee or other qualifying
trustee (solely for purposes of this Section 1305 and Section 1306, the Trustee and any such other trustee are referred to collectively as the “Trustee”) pursuant to
Section 1304 in respect of any Securities shall be held in trust and applied by the Trustee, in accordance with the provisions of such Securities and this Indenture, to the payment, either directly or through any such
Paying Agent (including the Company acting as Paying Agent) as the Trustee may determine, to the Holders of such Securities, of all sums due and to become due thereon in respect of principal and premium, if any, and interest, but money so held in
trust need not be segregated from other funds except to the extent required by law. Funds held pursuant to this Section 1305 with respect to any series of Securities shall not be subject to the claims of the holders of
Senior Indebtedness with respect to such series, provided, that at the time of the deposit of such funds with the Trustee under this Article XIII, no event had occurred that would, under the subordination provisions related to such series,
require that any payment to be made to the holders of such Securities be paid or paid over to the holders of such Senior Indebtedness. 

The Company shall pay and indemnify the Trustee against any tax, fee or other charge imposed on or assessed against the U.S. Government
Obligations deposited pursuant to Section 1304 or the principal and interest received in respect thereof other than any such tax, fee or other charge which by law is for the account of the Holders of Outstanding Securities; provided that
the Trustee shall be entitled to charge any such tax, fee or other charge to such Holder’s account. 
 Anything in this Article
XIII to the contrary notwithstanding, the Trustee shall deliver or pay to the Company from time to time upon Company Request any money or U.S. Government Obligations held by it as provided in 

  
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Section 1304 with respect to any Securities which are in excess of the amount thereof which would then be required to be deposited to effect the Defeasance or Covenant
Defeasance, as the case may be, with respect to such Securities. 
 Section 1306 Reinstatement. If the Trustee or the Paying
Agent is unable to apply any money in accordance with this Article XIII with respect to any Securities by reason of any order or judgment of any court or governmental authority enjoining, restraining or otherwise prohibiting such application,
then the obligations under this Indenture and such Securities from which the Company has been discharged or released pursuant to Section 1302 or 1303 shall be revived and reinstated as though no deposit had occurred
pursuant to this Article XIII with respect to such Securities, until such time as the Trustee or Paying Agent is permitted to apply all money held in trust pursuant to Section 1305 with respect to such Securities in
accordance with this Article XIII; provided, however, that (a) if the Company makes any payment of principal of or premium, if any, or interest on any such Security following such reinstatement of its obligations, the Company
shall be subrogated to the rights, if any, of the Holders of such Securities to receive such payment from the money so held in trust and (b) unless otherwise required by any legal proceeding or any order or judgment of any court or governmental
authority, the Trustee or Paying Agent shall return all such money and U.S. Government Obligations to the Company promptly after receiving a written request therefor at any time, if such reinstatement of the Company’s obligations has occurred
and continues to be in effect. 
 ARTICLE XIV 

SUBORDINATION OF SECURITIES 

Section 1401 Subordination Terms. The Company covenants and agrees that the indebtedness evidenced by each series of Securities is
subordinate and junior in right of payment to all Senior Indebtedness to the extent provided in this Article XIV or as further provided in an indenture supplemental hereto or a Board Resolution with respect to a series of Securities adopted
pursuant to Section 301 hereof, and each holder of Securities of each series, by its acceptance thereof, likewise covenants and agrees to such subordination and shall be bound by the provisions thereof. Senior Indebtedness
shall continue to be Senior Indebtedness and entitled to the benefits of these subordination provisions irrespective of any amendment, modification or waiver of any term of the Senior Indebtedness or extension or renewal of the Senior Indebtedness.

 In the event that the Company shall default in the payment of any principal of (or premium, if any) or interest on any Senior
Indebtedness when the same becomes due and payable, whether at maturity or at a date fixed for prepayment or by declaration or otherwise, then, upon written notice of such default to the Company by the holders of Senior Indebtedness or any trustee
or representative thereof, unless and until such default shall have been cured or waived or shall have ceased to exist, no direct or indirect payment (in cash, property, securities, by set-off or otherwise)
shall be made or agreed to be made on account of the principal of or interest on any of the Securities, or in respect of any redemption, retirement, purchase or other acquisition of any of the Securities. 

In the event of: 
  

	 	(a)	 any insolvency, bankruptcy, receivership, liquidation, reorganization, readjustment, composition or other
similar proceeding relating to the Company, its creditors or its property, 

  

	 	(b)	 any proceeding for the liquidation, dissolution or other winding up of the Company, voluntary or involuntary,
whether or not involving insolvency or bankruptcy proceedings, 

  

	 	(c)	 any assignment by the Company for the benefit of creditors, or 

 

	 	(d)	 any other marshalling of the assets of the Company, 

all Senior Indebtedness shall first be paid in full before any payment or distribution, whether in cash, securities or other property, shall be made to any
holder of any of the Securities on account thereof. Any payment or distribution, whether in cash, securities or other property (other than securities of the Company or any other corporation provided for by a plan of reorganization or readjustment
the payment of which is subordinate, at least to the extent provided in the subordination provisions applicable to a series of the Securities, to the payment of all Senior Indebtedness at the time outstanding and to any securities issued in respect
thereof under any such plan of reorganization or readjustment), 

  
 44 

 
which would otherwise (but for the applicable subordination provisions) be payable or deliverable in respect of the Securities of any series shall be paid or delivered directly to the holders of
Senior Indebtedness in accordance with the priorities then existing among such holders until all Senior Indebtedness shall have been paid in full. 

In the event that, notwithstanding the foregoing, any payment or distribution of any character or any security, whether in cash, securities or
other property (other than securities of the Company or any other corporation provided for by a plan of reorganization or readjustment the payment of which is subordinate, at least to the extent provided in the subordination provisions applicable to
a series of the Securities, to the payment of all Senior Indebtedness at the time outstanding and to any securities issued in respect thereof under any such plan of reorganization or readjustment), shall be received by the Trustee or any holder in
contravention of any of the terms hereof, such payment or distribution or security shall be received in trust for the benefit of, and shall be paid over or delivered and transferred to, the holders of the Senior Indebtedness at the time outstanding
in accordance with the priorities then existing among such holders for application to the payment of all Senior Indebtedness remaining unpaid, to the extent necessary to pay all such Senior Indebtedness in full. In the event of the failure of the
Trustee or any holder to endorse or assign any such payment, distribution or security, each holder of Senior Indebtedness is hereby irrevocably authorized to endorse or assign the same. 

No present or future holder of any Senior Indebtedness shall be prejudiced in the right to enforce subordination of the indebtedness evidenced
by the Securities by any act or failure to act on the part of the Company. Nothing contained herein shall impair, as between the Company and the holders of Securities of each series, the obligation of the Company to pay to such holders the principal
of (and premium, if any) and interest on such Securities or prevent the Trustee or the holder from exercising all rights, powers and remedies otherwise permitted by applicable law or hereunder upon an Event of Default hereunder, all subject to the
rights of the holders of the Senior Indebtedness to receive cash, securities or other property otherwise payable or deliverable to the holders. 

Senior Indebtedness shall not be deemed to have been paid in full unless the holders thereof shall have received cash, securities or other
property equal to the amount of such Senior Indebtedness then outstanding. Upon the payment in full of all Senior Indebtedness, the holders of Securities of each series shall be subrogated to all rights of any holders of Senior Indebtedness to
receive any further payments or distributions applicable to the Senior Indebtedness until the indebtedness evidenced by the Securities of such series shall have been paid in full, and such payments or distributions received by such holders, by
reason of such subrogation, of cash, securities or other property which otherwise would be paid or distributed to the holders of Senior Indebtedness, shall, as between the Company and its creditors other than the holders of Senior Indebtedness, on
the one hand, and such holders, on the other hand, be deemed to be a payment by the Company on account of Senior Indebtedness, and not on account of the Securities of such series. 

Section 1402 Trustee and Holders May Rely on Certificate of Liquidating Agent; Trustee May Require Further Evidence as to Ownership of
Senior Indebtedness. Upon any payment or distribution of assets of the Company referred to in this Article XIV or other subordination provisions applicable to a series of the Securities, the Trustee and the holders shall be entitled to
conclusively rely on an order or decree made by any court of competent jurisdiction in which dissolution or winding up or liquidation or reorganization or arrangement pleadings are pending or upon a certificate of the trustee in bankruptcy,
receiver, assignee for the benefit of creditors or other Person making such payment or distribution, delivered to the Trustee or to the holders, for the purpose of ascertaining the Persons entitled to participate in such distribution, the holders of
the Senior Indebtedness and other indebtedness of the Company, the amount thereof or payable thereon, the amount or amounts paid or distributed thereon and all other facts pertinent thereto or to this Article XIV or other subordination
provisions applicable to a series of the Securities. In the absence of any such bankruptcy trustee, receiver, assignee or other Person, the Trustee shall be entitled to conclusively rely upon a written notice by a Person representing himself to be a
holder of Senior Indebtedness (or a trustee or representative on behalf of such holder) as evidence that such Person is a holder of Senior Indebtedness (or is such a trustee or representative). In the event that the Trustee determines, in good
faith, that further evidence is required with respect to the right of any Person as a holder of Senior Indebtedness to participate in any payments or distributions pursuant to this Article XIV or other subordination provisions applicable to a
series of the Securities, the Trustee may request such Person to furnish evidence to the reasonable satisfaction of the Trustee as to the amount of Senior Indebtedness held by such Person, as to the extent to which such Person is entitled to
participate in such payment or distribution, and as to other facts pertinent to the rights of such Person, and if such evidence is not furnished, the 

  
 45 

 
Trustee may refuse to offer any payment to such Person pending judicial determination as to the right of such Person to receive such payment. 

Section 1403 Payment Permitted if No Default. Nothing contained in this Article XIV or other subordination provisions
applicable to a series of the Securities shall prevent (a) the Company, at any time except during the pendency of any dissolution, winding up, liquidation or reorganization proceedings referred to in, or under the conditions described in,
Section 1401 (or comparable conditions contained in other subordination provisions applicable to a series of the Securities), from making payments at any time of the principal of or interest on the Securities or
(b) the application by the Trustee or any paying agent of any monies deposited with it hereunder to payments of the principal of or interest on a series of the Securities if, at the time of such deposit, the Trustee or such paying agent, as the
case may be, did not have the written notice provided for in Section 1404 (or in a comparable notice provision contained in other subordination provisions applicable to a series of the Securities) of any event prohibiting
the making of such deposit, or if, at the time of such deposit (whether or not in trust) by the Company with the Trustee or any paying agent (other than the Company) such payment would not have been prohibited by the provisions of the subordination
provisions applicable to such series of Securities, and the Trustee or any paying agent shall not be affected by any notice to the contrary received by it on or after such date. 

Section 1404 Trustee Not Charged with Knowledge of Prohibition. Nothing contained in this Article XIV or other
subordination provisions applicable to a series of the Securities to the contrary notwithstanding, the Trustee shall not at any time be charged with knowledge of the existence of any facts which would prohibit the making of any payment of monies
hereunder to or by the Trustee and shall be entitled conclusively to assume that no such facts exist and that no event specified in Section 1401 (or comparable event contained in other subordination provisions applicable to
a series of the Securities) has happened, until the Trustee shall have received an Officer’s Certificate to that effect or notice in writing to that effect signed by or on behalf of the holder or holders, or their representatives, of Senior
Indebtedness who shall have been certified by the Company or otherwise established to the reasonable satisfaction of the Trustee to be such holder or holders or representatives or from any trustee under any indenture pursuant to which such Senior
Indebtedness shall be outstanding; provided that, if prior to the third Business Day preceding the date upon which by the terms hereof any monies become payable hereunder (including, without limitation, the payment of either the principal of
or interest on any Security), or in the event of the execution of an instrument pursuant to Section 1304 then if prior to the second Business Day preceding the date of such execution, the Trustee or any paying agent shall
not have received with respect to such monies the Officers’ Certificate or notice provided for in this Section 1404, then, anything herein contained to the contrary notwithstanding, the Trustee or such paying agent
shall have full power and authority to receive such monies and apply the same to the purpose for which they were received by it on or after such date. The Company shall give prompt written notice to the Trustee and to the paying agent of any facts
known to the Company which would prohibit the payment of monies to or by the Trustee or any paying agent. 
 Section 1405 Trustee to
Effect Subordination. Each holder of Securities by its acceptance thereof authorizes and directs the Trustee in his behalf to take such action as may be necessary or appropriate to effectuate the subordination as between such holder and holders
of Senior Indebtedness, as provided in this Article XIV (or other subordination provisions applicable to a series of the Securities), and appoints the Trustee its
attorney-in-fact for and all such purposes. 

Section 1406 Rights of Trustee as Holder of Senior Indebtedness. The Trustee shall be entitled to all the rights set forth in this
Article (or other subordination provisions applicable to a series of the Securities) with respect to any Senior Indebtedness which may at the time be held by it, to the same extent as any other holder of Senior Indebtedness, provided that
nothing in this Indenture shall deprive the Trustee of any of the rights as such holder and provided further that nothing in this Article or other subordination provisions applicable to a series of the Securities shall apply to claims of, or
payments to, the Trustee under or pursuant to Section 607. 
 Section 1407 Provisions Applicable to Paying
Agents. In case at any time any paying agent other than the Trustee shall have been appointed by the Company and be then acting hereunder, the term “Trustee” as used in this Article (or other subordination provisions applicable to a
series of the Securities) shall in such case (unless the context shall otherwise require) be construed as extending to and including such paying agent within its meaning as fully for all intents and purposes as if the paying agent were named in this
Article or other applicable subordination provisions 

  
 46 

 
in addition to or in place of the Trustee; provided, however, that Section 1404 shall not apply to the Company or any affiliate of the Company if the Company or such
affiliate acts as paying agent. 
 Section 1408 Trustee Not Fiduciary for Holders of Senior Indebtedness. The Trustee shall not
be deemed to owe any fiduciary duty to the holders of Senior Indebtedness and shall not be liable to any such holders if the Trustee shall in good faith mistakenly pay over or distribute to Holders of Securities or to the Company or to any other
person cash, property or securities to which any holders of Senior Indebtedness shall be entitled by virtue of this Article XIV or otherwise. With respect to the holders of Senior Indebtedness, the Trustee undertakes to perform or to observe
only such of its covenants or obligations as are specifically set forth in this Article and no implied covenants or obligations with respect to holders of Senior Indebtedness shall be read into this Indenture against the Trustee. 

ARTICLE XV 

MISCELLANEOUS 

Section 1501 Submission to Jurisdiction. Each of the parties hereto: 

 

	 	(i)	 agrees that any suit, action or proceeding against it arising out of or relating to this Indenture or the
Securities, as the case may be, may be instituted in any U.S. federal or New York state court sitting in the Borough of Manhattan, New York City, New York (the “Specified Courts”); and 

 

	 	(ii)	 irrevocably submits to the non-exclusive jurisdiction of the Specified
Courts in any suit, action or proceeding. 

*                *       
         * 
 This Indenture may be executed in any number of counterparts, each of which so
executed shall be deemed to be an original, but all such counterparts shall together constitute but one and the same instrument. 

[signature page follows] 

  
 47 

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

			
	 BRIGHTVIEW HOLDINGS, INC.,
 as
Issuer

		
	By:	 	                             
                                         
                
	Name:	 	
	Title:	 	

  

			
	 THE BANK OF NEW YORK MELLON TRUST

COMPANY, N.A.,
 as Trustee

		
	By:	 	                             
                                         
                
	Name:	 	
	Title:	 	

  

  
 [Signature Page to
the Indenture]THESE
SECURITIES AND ANY SECURITIES ISSUABLE UPON THE EXERCISE OF THIS SECURITY HAVE NOT BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE
COMMISSION OR THE SECURITIES COMMISSION OF ANY STATE IN RELIANCE UPON EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT OF
1933, AS AMENDED (THE “SECURITIES ACT”), AND, ACCORDINGLY, MAY NOT BE OFFERED OR SOLD EXCEPT PURSUANT TO AN EFFECTIVE
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OR PURSUANT TO AN AVAILABLE EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO,
THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND IN ACCORDANCE WITH APPLICABLE STATE SECURITIES LAWS AS EVIDENCED BY A
LEGAL OPINION OF COUNSEL TO THE TRANSFEROR TO SUCH EFFECT, THE SUBSTANCE OF WHICH SHALL BE REASONABLY ACCEPTABLE TO THE COMPANY.
THESE SECURITIES MAY BE PLEDGED IN CONNECTION WITH A BONA FIDE MARGIN ACCOUNT WITH A REGISTERED BROKER-DEALER OR OTHER LOAN WITH
A FINANCIAL INSTITUTION THAT IS AN “ACCREDITED INVESTOR” AS DEFINED IN RULE 501(a) UNDER THE SECURITIES ACT OR OTHER
LOAN SECURED BY SUCH SECURITIES.

 

[SERIES
A-1][SERIES A-2] WARRANT

 

Original
Issue Date: July 2, 2019

 

FTE
Networks Inc. ( the “Company” ), hereby certifies that, for value received, [●] (the “Holder”
), is entitled to purchase from the Company up to a total of [●] shares (the “Warrant Shares”) of common
stock, par value $0.001 per share (“Common Stock”), subject to adjustment as set forth in Section 4, or following
the exercise of this Warrant in part pursuant to Section 5 hereof, the remaining number of shares of Common Stock issuable upon
exercise of this Warrant as set forth in the Warrant Register (as defined below), at any time and from time to time from and after
the Original Issue Date and through and including the five year anniversary of the Original Issue Date (the “Expiration
Date”), at the Exercise Price (as defined in Section 3 hereof), and subject to the following.

 

	1.	Exercise
                                         and Duration of Warrants. This Warrant shall be exercisable by the registered Holder
                                         at any time and from time commencing on the True-Up Date (as defined below) pursuant
                                         to the delivery of an “Exercise Notice” (in the form attached hereto)
                                         through and including the Expiration Date, at which time the Warrant shall terminate.
                                         The Company may not call or redeem any portion of this Warrant.
	 	 
	2.	Payment
                                         of Exercise Price. With the delivery of an Exercise Notice, the Holder shall pay
                                         the product of the number of the Warrant Shares being purchased hereunder multiplied
                                         by the Exercise Price by wire transfer in immediately available funds
	 	 
	3.	Adjustment
                                         of Exercise Price Upon Certain Events. The exercise price (the “Exercise
                                         Price”) shall be $3.00 per share; provided that in the event that the
                                         Super Senior Bridge Loan (as defined in that certain Amended and Restated Credit Agreement,
                                         dated as of July 2, 2019 (as amended or supplemented, the “Credit Agreement”),
                                         as may be amended, modified and/or restated from time to time, among Jus-Com, Inc., an
                                         Indiana corporation, the Company, Benchmark Builders, Inc., a New York corporation, the
                                         other Credit Parties thereto, the Lenders party thereto, and Lateral Juscom Feeder LLC,
                                         as administrative agent) has not been paid and satisfied in full by [October 31, 2019][December
                                         31, 2019], the Exercise Price shall automatically without any further action by the Holder
                                         or the Company be deemed to be $0.01 per share and shall remain $0.01 per share whether
                                         or not the Super Senior Bridge Loan is subsequently repaid at any later date.

 

    	 	 	 

    	 	 	 

    

 

	4.	Adjustment
                                         of Underlying Warrant Shares on True-Up Date. As soon as practicable after December
                                         31, 2019 (the “True-Up Date”), the number of Warrant Shares that may
                                         be purchased upon exercise of this Warrant and all other Series A-1 Warrants and Series
                                         A-2 Warrants of the Company shall automatically without any further action by the Holder
                                         or the Company be increased or decreased, so that after such adjustment, the sum of (i)
                                         the aggregate number of shares of Common Stock issuable upon exercise of this Warrant,
                                         plus (ii) the number of shares of Common Stock issuable upon the exercise of all other
                                         outstanding Series A-1 Warrants and Series A-2 Warrants of the Company, plus (iii) 4,193,207
                                         shares of Common Stock (previously issued to the Lateral Entities other than Niagara
                                         Nominee, L.P. prior to the date hereof) equals 25.0% of the total issued and outstanding
                                         shares of Common Stock (on a Fully-Diluted Basis) on the True-Up Date. The Company shall
                                         apply the adjustment set forth in this Section 4, pro rata among all outstanding Series
                                         A-1 Warrants and Series A-2 Warrants of the Company, with all fractional shares greater
                                         than 0.5 rounded up and all fractional shares less than 0.5 rounded down. On the business
                                         day following the True-Up Date, the Company at its expense shall prepare a certificate
                                         setting forth such adjustment, including a statement of the adjusted Exercise Price and
                                         adjusted number of Warrant Shares, describing the transactions giving rise to such adjustments
                                         and showing in detail the facts upon which adjustment is based. The Company shall take
                                         all necessary action to promptly notify the Company’s transfer agent of such adjustment.
                                         For purposes of this Section 4, “Fully Diluted Basis” refers to all outstanding
                                         shares of Common Stock plus the number of shares of Common Stock that would be outstanding
                                         if (i) this Warrant, (ii) all other warrants, options or other rights to subscribe for,
                                         purchase or otherwise acquire Common Stock (other than outstanding warrants held by any
                                         Lateral Entity (as defined in the Credit Agreement) or by any affiliate (other than Niagara
                                         Nominee L.P.) of any of them on the Original Issue Date of this Warrant set forth above)
                                         or (iii) securities (including preferred stock and debt securities) convertible or exchangeable
                                         for Common Stock had been converted or fully exercised are issued and outstanding on
                                         the True-Up Date.

 

	5.	Delivery
                                         of Warrant Shares. To effect exercises hereunder, the Holder shall not be required
                                         to physically surrender this Warrant unless all Warrant Shares represented by this Warrant
                                         are being exercised. Upon delivery of an Exercise Notice to the Company, the Company
                                         shall promptly (but in no event later than two days during which the Common stock is
                                         traded (each a “Trading Day”) on the NYSE American or any successor
                                         exchange or market (each a “Trading Market”) after the Date of Exercise)
                                         issue and deliver to the Holder, a certificate for the Warrant Shares issuable upon such
                                         exercise, which, shall contain a restrictive legend. A “Date of Exercise”
                                         means the date on which the Holder shall have delivered to the Company: (i) the Exercise
                                         Notice, appropriately completed and duly signed and (ii) payment of the Exercise Price
                                         for the number of Warrant Shares so indicated by the Holder to be purchased.

 

	6.	No
                                         Fractional Shares. No fractional shares of Warrant Shares will be issued in connection
                                         with any exercise of this Warrant. In lieu of any fractional shares which would, otherwise
                                         be issuable, the Company shall pay cash equal to the product of such fraction multiplied
                                         by the closing price of one Warrant Share as reported by the applicable Trading Market
                                         on the Date of Exercise.

 

	7.	Certain
                                         Adjustments. The Exercise Price and number of Warrant Shares issuable upon exercise
                                         of this Warrant are subject to adjustment from time to time as set forth in this Section
                                         6.

 

		a)	Stock
                                         Dividends and Splits. If the Company, at any time while this Warrant is outstanding:
                                         (i) pays a stock dividend or otherwise makes a distribution or distributions on shares
                                         of its Common Stock or any other equity or equity equivalent securities payable in shares
                                         of Common Stock (which, for avoidance of doubt, shall not include any shares of Common
                                         Stock issued by the Company upon exercise of this Warrant), (ii) subdivides outstanding
                                         shares of Common Stock into a larger number of shares, (iii) combines (including by way
                                         of reverse stock split) outstanding shares of Common Stock into a smaller number of shares,
                                         or (iv) issues by reclassification of shares of the Common Stock any shares of capital
                                         stock of the Company, then in each case the Exercise Price shall be multiplied by a fraction
                                         of which the numerator shall be the number of shares of Common Stock (excluding treasury
                                         shares, if any) outstanding immediately before such event and of which the denominator
                                         shall be the number of shares of Common Stock outstanding immediately after such event,
                                         and the number of shares issuable upon exercise of this Warrant shall be proportionately
                                         adjusted such that the aggregate Exercise Price of this Warrant shall remain unchanged.
                                         Any adjustment made pursuant to this Section 6(a) shall become effective immediately
                                         after the record date for the determination of stockholders entitled to receive such
                                         dividend or distribution and shall become effective immediately after the effective date
                                         in the case of a subdivision, combination or reclassification.

 

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		b)	Record
                                         Date. If the Company shall take a record of the holder of its Common Stock for the
                                         purpose of entitling them (i) to receive a dividend or other distribution payable in
                                         Common Stock or (ii) to subscribe for or purpose Common Stock, then such record date
                                         shall be deemed to be the date of the issue or sale of the shares of Common Stock deemed
                                         to have been issued or sold upon the declaration of such dividend of subscription or
                                         purpose, as the case may be.

 

		c)	Number
                                         of Warrant Shares. Simultaneously with any adjustment to the Exercise Price pursuant
                                         to this Section 6, the number of Warrant Shares that may be purchased upon exercise
                                         of this Warrant shall be increased or decreased proportionally, so that after such adjustment
                                         the aggregate Exercise Price payable hereunder for the adjusted number of Warrant Shares
                                         shall be the same as the aggregate Exercise Price in effect immediately prior to such
                                         adjustment.

 

		d)	Calculations.
                                         All calculations under this Section 6 shall be made to the nearest cent or the
                                         nearest 1/100th of a share, as applicable. The number of shares of Common
                                         Stock outstanding at any given time shall not include treasury shares or shares owned
                                         or held by or for the account of the Company, and the disposition of any such shares
                                         shall be considered as issue or sale of Common Stock.

 

		e)	Notice
                                         of Adjustment. Upon the occurrence of each adjustment pursuant to this Section
                                         6, the Company at its expense will promptly compute such adjustment in accordance
                                         with the terms of this Warrant and prepare a certificate setting forth such adjustment,
                                         including a statement of the adjusted Exercise Price and adjusted number or type of Warrant
                                         Shares or other securities issuable upon exercise of this Warrant (as applicable), describing
                                         the transactions giving rise to such adjustments and showing in detail the facts upon
                                         which adjustment is based. Upon written request, the Company will promptly deliver a
                                         copy of each such certificate to the Holder.

 

	8.	Registration
                                         of Warrant. The Company shall register the Warrant upon the records to be maintained
                                         by the Company for that purpose (the “Warrant Register”), in the name
                                         of the record Holder hereof. The Company may deem and treat the registered Holder of
                                         this Warrant as the absolute owner hereof for the purpose of any exercise hereof or any
                                         distribution to the Holder, and for all other purposes, absent actual notice to the contrary.

 

	9.	Transferability
                                         of Warrants. Subject to Section 4, this Warrant and all the rights hereunder are
                                         transferable, in whole part, upon surrender of this Warrant at the principal office of
                                         the Company or its designated agent, together with a written assignment of this Warrant
                                         substantially in the form attached hereto duly executed by the Holder or its agent or
                                         attorney and funds sufficient to pay any transfer taxes payable upon the making of such
                                         transfer.

 

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	10.	Registration
                                         of Transfers. Subject to Section 7 above, the Company shall register the transfer
                                         of any portion of this Warrant in the Warrant Register, upon surrender of this Warrant,
                                         with the Form of Assignment attached hereto duly completed and signed, to the Company
                                         at its address specified herein. Upon any such registration or transfer, a new warrant
                                         to purchase Common Stock, in substantially the form of this Warrant (any such new warrant,
                                         a “New Warrant”), evidencing the portion of this Warrant so transferred
                                         shall be issued to the transferee and a New Warrant evidencing the remaining portion
                                         of this Warrant not so transferred, if any, shall be issued to the transferring Holder.
                                         The acceptance of the New Warrant by the transferee thereof shall be deemed the acceptance
                                         by such transferee of all the rights and obligations of a holder of a Warrant. The New
                                         Warrant, if properly assigned in accordance herewith, may be exercised by a new holder
                                         for the purchase of the Warrant Shares without having a new Warrant issued.

 

	11.	Charges,
                                         Taxes and Expenses. Issuance and delivery of Warrant Shares upon exercise of this
                                         Warrant shall be made without charge to the Holder for any issue or transfer tax, withholding
                                         tax, transfer agent fee or other incidental tax or expense in respect of the issuance
                                         of such certificates, all of which taxes and expenses shall be paid by the Company, provided,
                                         however, that the Company shall not be required to pay any tax which may be payable in
                                         respect of any transfer involved in the registration of any certificates for Warrant
                                         Shares or Warrant in a name other than that of holding or transferring this Warrant or
                                         receiving Warrant Shares upon exercise hereof.
	 	 
	12.	Replacement
                                         of Warrant. If this Warrant is mutilated, lost, stolen or destroyed, the Company
                                         shall issue or cause to be issued in exchange and substitution for and upon cancellation
                                         hereof, or in lieu of and substitution for this Warrant, a New Warrant, but only upon
                                         receipt of evidence reasonably satisfactory to the Company of such loss, theft or destruction
                                         and customary and reasonable indemnity, if requested. Applicants for a New Warrant under
                                         such circumstances shall also comply with such other reasonable regulations and procedures
                                         and pay such other reasonable third-party cost as the Company may prescribe. If a New
                                         Warrant is requested as a result of a mutilation of this Warrant, then the Holder shall
                                         deliver such mutilated Warrant to the Company as a condition precedent to the Company’s
                                         obligation to issue the New Warrant.

	 	 
	

13.

	Reservation
                                         of Warrant Shares. The company covenants that it will at all times reserve and keep
                                         available out of the aggregate of its authorized but unissued and otherwise unreserved
                                         Common Stock, solely for the purpose of enabling it to issue Warrant Shares upon exercise
                                         of this Warrant as herein provided, the number of Warrant Shares which are then issuable
                                         and deliverable upon the exercise of this entire Warrant, free from preemptive rights
                                         or any other contingent purchase rights of persons other that the Holder. The company
                                         covenants that all Warrants Shares so issuable and deliverable shall, upon issuance and
                                         the payment of the applicable Exercise Price in accordance with the terms hereof, be
                                         duly and validly authorized, issued and fully paid and nonassessable.

	 	 
	14.	Notices.
                                         Any and all notices or other communications or deliveries hereunder (including, without
                                         limitation, any Exercise Notice) shall be in writing and shall be deemed given and effective
                                         on the earliest of (i) the date of transmission, if such notice or communication is delivered
                                         e-mail at the e-mail address specified in this Section 13 prior to 5:30 p.m. (New
                                         York City time) on a Trading Day, (ii) the next Trading Day after the date of transmission,
                                         if such notice or communication is delivered via email at the e-mail address specified
                                         in this Section 13 on a day that is not a Trading Day or later than 5:30 p.m.
                                         (New York time) on any Trading Day, (iii) the Trading Day following the date of mailing,
                                         if sent by nationally recognized overnight courier service, or (iv) upon actual receipt
                                         by the party to whom such notice is required given. The addresses for such communications
                                         shall be: (i) if to the Company, to 237 West 35th Street, Suite 901, New York,
                                         New York 10001, email: mfernandez@ftenet.com, attention: Chief Executive Officer, in
                                         each case with a copy by email which shall not constitute notice to clayton.parker@klgates.com
                                         or to such other address or e-mail address as the Company shall notify the Holder in
                                         writing (ii) if to the Holder, to address, e-mail address, or facsimile number appearing
                                         on the Warrant Register or such other address, e-mail address, or facsimile number as
                                         the Holder may provide to the Company.

 

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15.
Miscellaneous.

 

		a)	This
                                         Warrant shall be binding on and insure to the benefit of the parties hereto and their
                                         respective successor and assigns. Subject to the preceding sentence, nothing in this
                                         Warrant shall be construed to give to any person other than the Company and the Holder
                                         any legal or equitable right, remedy or cause of action under this Warrant. This Warrant
                                         may be amended only in writing signed by the Company and the Holder or, if applicable,
                                         their successors assign.

 

		b)	All
                                         questions concerning the construction, validity, enforcement and interpretation of this
                                         Warrant shall be governed by and constructed and enforced in accordance with the internal
                                         laws of the State of New York, without regard to the principles of conflicts of law thereof.
                                         Each party agrees that all legal proceedings concerning the interpretation, enforcement
                                         and defense of this Warrant and the transactions herein contemplated (“Proceedings”)
                                         (whether brought against a party hereto or its respective affiliates, employees or agents)
                                         shall be commenced exclusively in the state and federal courts sitting in the borough
                                         of Manhattan, New York. Each party hereto hereby irrevocably submits to the exclusive
                                         jurisdiction of the such courts for the adjudication of any dispute hereunder or in connection
                                         herewith or with any transaction contemplated hereby or discussed herein, and hereby
                                         irrevocably waives, and agrees not to assert in any Proceedings, any claim that it is
                                         not personally subject to the jurisdiction of any such court, or that such Proceeding
                                         has been commenced in an improper or inconvenient forum. Each party hereto hereby irrevocably
                                         waives personal service of process and consents to process being served in any such Proceedings
                                         by mailing a copy thereof via registered or certified mail or overnight delivery (with
                                         evidence of delivery) to such party at the address in effect for notice to it under this
                                         Warrant and agrees that such service shall constitute good and sufficient service of
                                         process and notice thereof. Nothing contained herein shall be deemed to limit in any
                                         way any right to serve process in any manner permitted by law. Each party hereto 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 this Warrant or the transaction
                                         contemplated hereby. If either party shall commence a Proceeding to enforce any provisions
                                         of this Warrant, then the prevailing party in such Proceeding shall be reimbursed by
                                         the other party for its attorney’s fees and other costs and expenses incurred with
                                         the investigation, preparation and prosecution of such Proceedings.

 

		c)	The
                                         headings herein are for convenience only, do not constitute a part of this Warrant and
                                         shall not be deemed to limit or affect any of the provisions hereof.

 

		d)	In
                                         case any one or more of the provisions of this Warrant shall be invalid or unenforceable
                                         in any respect, the validity and enforceability of the remaining terms and provisions
                                         of this Warrant shall not in any way be affected or impaired thereby and the parties
                                         will attempt in good faith to agree upon a valid and enforceable provision which shall
                                         be a commercially reasonable substitute therefor, and upon so agreeing, shall incorporate
                                         such substitute provision in this Warrant.

 

		e)	If
                                         the last or appointed day for taking action or the expiration of any right required or
                                         granted herein shall not be a Trading Day, then, such action may be taken, or such right
                                         may be exercised on the next succeeding Trading Day.

 

		f)	Prior
                                         to exercise of this Warrant, the Holder hereof shall not, by reason of being a Holder,
                                         be entitled to any rights of a stockholder with respect to the Warrant Shares.

 

    	 	5	 

    	 	 	 

    

 

IN
WITNESS WHEREOF, the Company has caused this Warrant to be executed by its officer thereunto duly authorized as of the date first
above indicated.

 

 

	 	FTE
    NETWORKS, INC.
	 	 	 
	 	By:	            
	 	Name:	 
	 	Title:	 

 

[Signature
Page to Warrant Agreement]

 

    	 	6	 

    	 	 	 

    

 

EXERCISE
NOTICE

FTE
NETWORKS, INC.

[SERIES
A-1][SERIES A-2] WARRANT 

DATED
(DATE)

 

	To:	FTE
    NETWORKS, INC.

 

The
undersigned hereby irrevocably elects to purchase [____] Shares of the Common Stock pursuant to the above referenced Warrant (only
if exercised in full), and tenders herewith payment of the exercise price in full, together with all applicable transfer taxes,
if any.

 

(1)
The undersigned Holder hereby exercises its right to purchase [____] Warrant Shares pursuant to the Warrant.

 

(2)
The Holder shall pay the sum of $____________ to the Company in accordance with the terms of the Warrant.

 

(3)
Pursuant to this Exercise Notice, the Company shall deliver to the holder__________________ Warrant Shares in accordance with
the terms of the Warrant.

 

(4)
Please issue a certificate or certificates representing said Warrant Shares in the name of the undersigned or in such other name
as is specified below:

 

______________________________

 

The
Warrant Shares shall be delivered by physical delivery of a certificate to:

 

_______________________________

 

_______________________________

 

_______________________________

 

[SIGNATURE
OF HOLDER]

 

Name
of Investing Entity: ________________________________________________________________________

Signature
of Authorized Signatory of Investing Entity: _________________________________________________

Name
of Authorized Signatory: ___________________________________________________________________

Title
of Authorized Signatory: ____________________________________________________________________

Date:
________________________________________________________________________________________

 

    	 	 	 

    	 	 	 

    

 

[SERIES
A-1][SERIES A-2] WARRANT

ASSIGNMENT
FORM

 

(To
assign the foregoing warrant, execute

this form and supply required information.

Do not use this form to exercise the warrant.)

 

FOR
VALUE RECEIVED, [____] all of or [_______] shares of the foregoing [Series A-1][Series A-2] Warrant and all rights evidenced thereby
are hereby assigned to

 

_______________________________________________
whose address is

 

_______________________________________________________________.

 

_______________________________________________________________

 

Dated:
______________, _______

 

	 	Holder’s
    Signature:	_____________________________	 
	 	 	 	 
	 	Holder’s
    Address:	_____________________________	 
	 	 	 	 
	 	 	_____________________________	 

 

Signature
Guaranteed: ___________________________________________

 

NOTE:
The signature to this Assignment Form must correspond with the name as it appears on the face of the Warrant, without alteration
or enlargement or any change whatsoever, and must be guaranteed by a bank or trust company. Officers of corporations and those
acting in a fiduciary or other representative capacity should file proper evidence of authority to assign the foregoing Warrant.

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