Document:

ex10-37.htm

    Exhibit
      10.37

    NuTech
      Digital, Inc.

     

    August
      8,
      2007

    

    David
      Knipe

    Chief
      Investment Officer

    %
      Queenstone Financial

    Temple
      Financial Group Ltd.

    The
      Temple Financial Centre

    Leeward
      Highway, Providenciales

    Turks
      & Caicos Islands, BWI

    

    Dear
      David,

    

    I
      hope
      everything is good with your company and family. NuTech Digital for some time
      has been looking for someone to merge with so that NuTech Digital can get back
      on its feet in the public market (Symbol NTDL). In the past I appreciated you
      making a loan to NuTech for $400,000 for the Macy Gray Concert back in 2004
      that
      we shot in Las Vegas, NV. At that time you were suppose to get your money back
      plus interest on the loan. It has been very difficult to pay the loan and
      interest back to you over these past years.

    What
      I
      would propose is that Queenstone take stock in NuTech Digital so that I might
      be
      able to reduce our debt on the books in the amount of $350,000. I you should
      agree I would issue to you 35,000,000 shares
      of  common  shares and if needed preferred shares that would
      equal that amount.

    I
      would
      appreciate you accepting this offer from NuTech so that we may move forward
      with
      finding a good company that would take us over.

    We
      have
      closed our warehouse facilities so the address that I would want for you to
      use
      on any correspondence would be:

    NuTech
      Digital

    %Lee
      Kasper

    3841
      Hayvenhurst Drive

    Encino,CA
      91436

    

    Direct
      Number is 818 906 2899

    This
      would be a big help for NuTech Digital if you agree to convert the debt to
      stock
      and I would personally appreciate you doing so.

    

    Kindest
      Regards,

     

    /S/
      Lee
      Kasper

    President/CEO

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
August
      8, 2007

     

        We
      Queenstone Financial Corporation have read the above letter and agree to its
      contents.

     

            

                        
       Queenstone Financial Corporation

     

                        By:
      /S/Zennie
      Morris                       

                   
      Temple Directors Ltd., Director

     Authorized
      Signatoryexv4w1

 

Exhibit 4.1

STARBUCKS CORPORATION

 

INDENTURE

Dated as of August ___, 2007

 

DEUTSCHE BANK TRUST COMPANY AMERICAS

Trustee

 

 

 

CROSS-REFERENCE TABLE*

	 	 	 
	Trust Indenture	 	 
	Act Section	 	Indenture Section
	310(a)(1)
	 	7.10
	(a)(2)
	 	7.10
	(a)(3)
	 	N.A.
	(a)(4)
	 	N.A.
	(a)(5)
	 	7.10
	(b)
	 	7.10
	(c)
	 	N.A.
	311(a)
	 	7.11
	(b)
	 	7.11
	(c)
	 	N.A.
	312(a)
	 	2.06
	(b)
	 	11.03
	(c)
	 	11.03
	313(a)
	 	7.06
	(b)(2)
	 	7.06; 7.07
	(c)
	 	7.06; 11.02
	(d)
	 	7.06
	314(a)
	 	4.03; 11.02
	(b)
	 	N.A.
	(c)(1)
	 	11.04
	(c)(2)
	 	11.04
	(c)(3)
	 	N.A.
	(d)
	 	N.A.
	(e)
	 	11.05
	(f)
	 	N.A.
	315(a)
	 	7.01
	(b)
	 	7.05; 11.02
	(c)
	 	7.01
	(d)
	 	7.01
	(e)
	 	6.11
	316(a) (last sentence)
	 	2.10
	(a)(1)(A)
	 	6.05
	(a)(1)(B)
	 	6.04
	(a)(2)
	 	N.A.
	(b)
	 	6.07
	(c)
	 	2.13
	317(a)(1)
	 	6.08
	(a)(2)
	 	6.09
	(b)
	 	2.05
	318(a)
	 	11.01
	(b)
	 	N.A.
	(c)
	 	11.01

 

			
	N.A. means not applicable.
	 
	*	 	This Cross Reference Table is not part of this Indenture.

 

 

TABLE OF CONTENTS

	 	 	 	 	 
	 	 	Page	 
	ARTICLE 1
	 	 	 	 
	DEFINITIONS AND INCORPORATION
	 	 	 	 
	BY REFERENCE
	 	 	 	 
	 
	 	 	 	 
	Section 1.01 Definitions
	 	 	1	 
	Section 1.02 Other Definitions
	 	 	5	 
	Section 1.03 Incorporation by Reference of Trust Indenture Act
	 	 	5	 
	Section 1.04 Rules of Construction
	 	 	6	 
	 
	 	 	 	 
	ARTICLE 2
	 	 	 	 
	THE NOTES
	 	 	 	 
	 
	 	 	 	 
	Section 2.01 Issuable in Series
	 	 	6	 
	Section 2.02 Establishment of Terms of Series of Notes
	 	 	7	 
	Section 2.03 Execution and Authentication
	 	 	8	 
	Section 2.04 Registrar and Paying Agent
	 	 	9	 
	Section 2.05 Paying Agent to Hold Money in Trust
	 	 	9	 
	Section 2.06 Holder Lists
	 	 	10	 
	Section 2.07 Transfer and Exchange
	 	 	10	 
	Section 2.08 Replacement Notes
	 	 	10	 
	Section 2.09 Outstanding Notes
	 	 	11	 
	Section 2.10 Treasury Notes
	 	 	11	 
	Section 2.11 Temporary Notes
	 	 	11	 
	Section 2.12 Cancellation
	 	 	11	 
	Section 2.13 Defaulted Interest
	 	 	12	 
	Section 2.14 Global Notes
	 	 	12	 
	Section 2.15 CUSIP Number
	 	 	13	 
	 
	 	 	 	 
	ARTICLE 3
	 	 	 	 
	REDEMPTION AND PREPAYMENT
	 	 	 	 
	 
	 	 	 	 
	Section 3.01 Notice to Trustee
	 	 	13	 
	Section 3.02 Selection of Notes to Be Redeemed
	 	 	14	 
	Section 3.03 Notice of Redemption
	 	 	14	 
	Section 3.04 Effect of Notice of Redemption
	 	 	15	 
	Section 3.05 Deposit of Redemption Price
	 	 	15	 
	Section 3.06 Notes Redeemed in Part
	 	 	15	 
	 
	 	 	 	 
	ARTICLE 4
	 	 	 	 
	COVENANTS
	 	 	 	 
	 
	 	 	 	 
	Section 4.01 Payment of Principal and Interest
	 	 	15	 
	Section 4.02 Maintenance of Office or Agency
	 	 	16	 
	Section 4.03 Reports
	 	 	16	 
	Section 4.04 Compliance Certificate
	 	 	16	 
	Section 4.05 Taxes
	 	 	17	 
	Section 4.06 Stay, Extension and Usury Laws
	 	 	17	 
	Section 4.07 Corporate Existence
	 	 	17	 

 

 

	 	 	 	 	 
	 	 	Page	 
	ARTICLE 5
	 	 	 	 
	SUCCESSORS
	 	 	 	 
	 
	 	 	 	 
	Section 5.01 Merger, Consolidation, or Sale of Assets
	 	 	17	 
	Section 5.02 Successor Corporation Substituted
	 	 	18	 
	 
	 	 	 	 
	ARTICLE 6
	 	 	 	 
	DEFAULTS AND REMEDIES
	 	 	 	 
	 
	 	 	 	 
	Section 6.01 Events of Default
	 	 	19	 
	Section 6.02 Acceleration
	 	 	20	 
	Section 6.03 Other Remedies
	 	 	20	 
	Section 6.04 Waiver of Past Defaults
	 	 	20	 
	Section 6.05 Control by Majority
	 	 	21	 
	Section 6.06 Limitation on Suits
	 	 	21	 
	Section 6.07 Rights of Holders of Notes to Receive Payment
	 	 	21	 
	Section 6.08 Collection Suit by Trustee
	 	 	21	 
	Section 6.09 Trustee May File Proofs of Claim
	 	 	22	 
	Section 6.10 Priorities
	 	 	22	 
	Section 6.11 Undertaking for Costs
	 	 	22	 
	 
	 	 	 	 
	ARTICLE 7
	 	 	 	 
	TRUSTEE
	 	 	 	 
	 
	 	 	 	 
	Section 7.01 Duties of Trustee
	 	 	23	 
	Section 7.02 Rights of Trustee
	 	 	24	 
	Section 7.03 Individual Rights of Trustee
	 	 	25	 
	Section 7.04 Trustee’s Disclaimer and Acceptance of Facsimile Instructions
	 	 	25	 
	Section 7.05 Notice of Defaults
	 	 	25	 
	Section 7.06 Reports by Trustee to Holders of the Notes
	 	 	25	 
	Section 7.07 Compensation and Indemnity
	 	 	26	 
	Section 7.08 Replacement of Trustee
	 	 	27	 
	Section 7.09 Successor Trustee by Merger, etc
	 	 	27	 
	Section 7.10 Eligibility; Disqualification
	 	 	28	 
	Section 7.11 Preferential Collection of Claims Against Company
	 	 	28	 
	 
	 	 	 	 
	ARTICLE 8
	 	 	 	 
	LEGAL DEFEASANCE AND COVENANT DEFEASANCE
	 	 	 	 
	 
	 	 	 	 
	Section 8.01 Option to Effect Legal Defeasance or Covenant Defeasance
	 	 	28	 
	Section 8.02 Legal Defeasance and Discharge
	 	 	28	 
	Section 8.03 Covenant Defeasance
	 	 	29	 
	Section 8.04 Conditions to Legal or Covenant Defeasance
	 	 	29	 
	Section 8.05 Deposited Money and Government Securities to be Held in Trust;
Other Miscellaneous Provisions
	 	 	30	 
	Section 8.06 Repayment to Company
	 	 	31	 
	Section 8.07 Reinstatement
	 	 	31	 
	 
	 	 	 	 
	ARTICLE 9
	 	 	 	 
	AMENDMENT, SUPPLEMENT AND WAIVER
	 	 	 	 
	 
	 	 	 	 
	Section 9.01 Without Consent of Holders of Notes
	 	 	31	 
	Section 9.02 With Consent of Holders of Notes
	 	 	32	 
	Section 9.03 Compliance with Trust Indenture Act
	 	 	33	 
	Section 9.04 Revocation and Effect of Consents
	 	 	33	 

 

 

	 	 	 	 	 
	 	 	Page
	Section 9.05 Notation on or Exchange of Notes
	 	 	33	 
	Section 9.06 Trustee to Sign Amendments, etc
	 	 	33	 
	 
	 	 	 	 
	ARTICLE 10
	 	 	 	 
	SATISFACTION AND DISCHARGE
	 	 	 	 
	 
	 	 	 	 
	Section 10.01 Satisfaction and Discharge
	 	 	34	 
	Section 10.02 Application of Trust Money
	 	 	35	 
	 
	 	 	 	 
	ARTICLE 11
	 	 	 	 
	MISCELLANEOUS
	 	 	 	 
	 
	 	 	 	 
	Section 11.01 Trust Indenture Act Controls
	 	 	35	 
	Section 11.02 Notices
	 	 	35	 
	Section 11.03 Communication by Holders of Notes with Other Holders of Notes
	 	 	36	 
	Section 11.04 Certificate and Opinion as to Conditions Precedent
	 	 	36	 
	Section 11.05 Statements Required in Certificate or Opinion
	 	 	36	 
	Section 11.06 Rules by Trustee and Agents
	 	 	37	 
	Section 11.07 Calculation of Foreign Currency Amounts
	 	 	37	 
	Section 11.08 No Personal Liability of Directors, Officers, Employees and Stockholders
	 	 	37	 
	Section 11.09 Governing Law
	 	 	37	 
	Section 11.10 No Adverse Interpretation of Other Agreements
	 	 	37	 
	Section 11.11 Successors
	 	 	37	 
	Section 11.12 Severability
	 	 	38	 
	Section 11.13 Counterpart Originals
	 	 	38	 
	Section 11.14 Table of Contents, Headings, etc
	 	 	38	 
	Section 11.15 Waiver of Jury Trial
	 	 	38	 

 

 

     INDENTURE dated as of August ___, 2007 by and among Starbucks Corporation, a Washington
corporation (the “Company”), and Deutsche Bank Trust Company Americas, a New York banking
corporation, as trustee (the “Trustee”).

     The Company and the Trustee agree as follows for the benefit of each other and for the equal
and ratable benefit of the Holders of the Notes issued under this Indenture.

ARTICLE 1

DEFINITIONS AND INCORPORATION

BY REFERENCE

Section 1.01 Definitions.

     “Affiliate” of any specified Person means any other Person directly or indirectly controlling
or controlled by or under direct or indirect common control with such specified Person. For
purposes of this definition, “control,” as used with respect to any Person, means the possession,
directly or indirectly, of the power to direct or cause the direction of the management or policies
of such Person, whether through the ownership of voting securities, by agreement or otherwise;
provided that beneficial ownership of 10% or more of the Voting Stock of a Person will be deemed to
be control. For purposes of this definition, the terms “controlling,” “controlled by” and “under
common control with” have correlative meanings.

     “Agent” means any Registrar, co-registrar, Paying Agent or additional paying agent.

     “Bankruptcy Law” means Title 11, U.S. Code or any similar federal or state law for the relief
of debtors.

     “Board of Directors” means:

     (1) with respect to a corporation, the board of directors of the corporation or any
committee thereof duly authorized to act on behalf of such board;

     (2) with respect to a partnership, the Board of Directors of the general partner of the
partnership;

     (3) with respect to a limited liability company, the managing member or members or any
controlling committee of managing members thereof; and

     (4) with respect to any other Person, the board or committee of such Person serving a
similar function.

     “Board Resolution” means a copy of a resolution certified by the Secretary or an Assistant
Secretary of the Company to have been adopted by the Board of Directors or pursuant to
authorization by the Board of Directors and to be in full force and effect on the date of the
certificate and delivered to the Trustee.

     “Business Day” means any day other than a Legal Holiday.

     “Capital Lease Obligation” means, at the time any determination is to be made, the amount of
the liability in respect of a capital lease that would at that time be required to be capitalized
on a balance sheet prepared in accordance with GAAP.

1

 

     “Capital Stock” means:

     (1) in the case of a corporation, corporate stock;

     (2) in the case of an association or business entity, any and all shares, interests,
participations, rights or other equivalents (however designated) of corporate stock;

     (3) in the case of a partnership or limited liability company, partnership interests
(whether general or limited) or membership interests; and

     (4) any other interest or participation that confers on a Person the right to receive a
share of the profits and losses of, or distributions of assets of, the issuing Person.

     “Company” means Starbucks Corporation, and any and all successors thereto.

     “Company Order” means a written order signed in the name of the Company by an Officer.

     “Corporate Trust Office of the Trustee” will be at the address of the Trustee specified in
Section 11.02 hereof or such other address as to which the Trustee may give notice to the Company.

     “Custodian” means the Trustee, as custodian with respect to the Notes in global form, or any
successor entity thereto.

     “Default” means any event that is, or with the passage of time or the giving of notice or both
would be, an Event of Default.

     “Depositary” means, with respect to the Notes of any Series issuable or issued in whole or in
part in the form of one or more Global Notes, the person designated as Depositary for such Series
by the Company, which Depositary shall be a clearing agency registered under the Exchange Act; and
if at any time there is more than one such person, “Depositary” as used with respect to the Notes
of any Series shall mean the Depositary with respect to the Notes of such Series.

     “Discount Note” means any Note that provides for an amount less than the stated principal
amount thereof to be due and payable upon declaration of acceleration of the maturity thereof
pursuant to Section 6.02.

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

     “Equity Interests” means Capital Stock and all warrants, options or other rights to acquire
Capital Stock (but excluding any debt security that is convertible into, or exchangeable for,
Capital Stock).

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

     “Foreign Currency” means any currency or currency unit issued by a government other than the
government of The United States of America.

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

2

 

     “Global Note” or “Global Notes” means a Note or Notes, as the case may be, in the form
established pursuant to Section 2.02 evidencing all or part of a Series of Notes, issued to the
Depositary for such Series or its nominee, and registered in the name of such Depositary or
nominee.

     “Government Securities” means direct obligations of, or obligations guaranteed by, The United
States of America, and the payment for which the United States pledges its full faith and credit.

     “Guarantee” means a guarantee other than by endorsement of negotiable instruments for
collection in the ordinary course of business, direct or indirect, in any manner including, without
limitation, by way of a pledge of assets or through letters of credit or reimbursement agreements
in respect thereof, of all or any part of any Indebtedness.

     “Hedging Obligations” means, with respect to any specified Person, the obligations of such
Person under:

     (1) interest rate swap agreements (whether from fixed to floating or from floating to
fixed), interest rate cap agreements and interest rate collar agreements;

     (2) other agreements or arrangements designed to manage interest rates or interest rate
risk; and

     (3) other agreements or arrangements designed to protect such Person against
fluctuations in currency exchange rates or commodity prices.

     “Holder” means a Person in whose name a Note is registered.

     “Indebtedness” means, with respect to any specified Person, any indebtedness of such Person,
whether or not contingent:

     (1) in respect of borrowed money;

     (2) evidenced by bonds, notes, debentures or similar instruments or letters of credit,
or reimbursement agreements in respect thereof;

     (3) in respect of banker’s acceptances;

     (4) representing Capital Lease Obligations;

     (5) representing the balance deferred and unpaid of the purchase price of any property,
except any such balance that constitutes an accrued expense or trade payable; or

     (6) representing any Hedging Obligations,

if and to the extent any of the preceding items, other than letters of credit and Hedging
Obligations, would appear as a liability upon a balance sheet of the specified Person prepared in
accordance with GAAP. In addition, the term “Indebtedness” includes all Indebtedness of others
secured by a Lien on any asset of the specified Person, whether or not such Indebtedness is assumed
by the specified Person, and, to the extent not otherwise included, the Guarantee by the specified
Person of any Indebtedness of any other Person or any liability of any person, whether or not
contingent and whether or not it appears on the balance sheet of such Person.

The amount of any Indebtedness outstanding as of any date shall be:

3

 

     (1) the accreted value of the Indebtedness, in the case of any Indebtedness that does
not require the current payment of interest; and

     (2) the principal amount of the Indebtedness, together with any interest on the
Indebtedness that is more than 30 days past due, in the case of any other Indebtedness.

     “Indenture” means this Indenture, as amended, supplemented or restated from time to time and
shall include the form and terms of particular Series of Notes established as contemplated
hereunder.

     “Legal Holiday” means a Saturday, a Sunday or a day on which banking institutions in the City
of New York or at a place of payment are authorized by law, regulation or executive order to remain
closed. If a payment date is a Legal Holiday at a place of payment, payment may be made at that
place on the next succeeding day that is not a Legal Holiday, and no interest shall accrue on such
payment for the intervening period.

     “Lien” means, with respect to any asset, any mortgage, lien, pledge, charge, security interest
or encumbrance of any kind in respect of such asset, whether or not filed, recorded or otherwise
perfected under applicable law, including any conditional sale or other title retention agreement,
any lease in the nature thereof, any option or other agreement to sell or give a security interest
in and any filing of or agreement to give any financing statement under the Uniform Commercial Code
(or equivalent statutes) of any jurisdiction; provided that in no event shall an operating lease be
deemed to constitute a Lien.

     “Notes” means notes or other debt instruments of the Company of any Series issued under this
Indenture.

     “Officer” means, with respect to any Person, the Chairman of the Board, the Chief Executive
Officer, the President, the Chief Operating Officer, the Chief Financial Officer, the Treasurer,
any Assistant Treasurer, the Controller, the Secretary, the Assistant Secretary or any
Vice-President of such Person.

     “Officer’s Certificate” means a certificate signed on behalf of the Company by an Officer of
the Company that meets the requirements of Section 11.05 hereof.

     “Opinion of Counsel” means an opinion from legal counsel who is reasonably acceptable to the
Trustee, that meets the requirements of Section 11.05 hereof. The counsel may be an employee of or
counsel to the Company or any Subsidiary of the Company.

     “Person” means any individual, corporation, partnership, joint venture, association,
joint-stock company, trust, unincorporated organization, limited liability company or government or
other entity.

     “Responsible Officer,” when used with respect to the Trustee, means any director, vice
president, assistant vice president or associate within the Corporate Trust Administration of the
Trustee (or any successor group of the Trustee) or any other officer of the Trustee customarily
performing functions similar to those performed by any of the above designated officers and also
means, with respect to a particular corporate trust matter, any other officer to whom such matter
is referred because of his knowledge of and familiarity with the particular subject.

     “SEC” means the Securities and Exchange Commission.

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

4

 

     “Series” or “Series of Notes” means each series of debentures, notes or other debt instruments
of the Company created pursuant to Sections 2.01 and 2.02 hereof.

     “Stated Maturity” means, with respect to any installment of interest or principal on any
series of Indebtedness, the date on which the payment of interest or principal was scheduled to be
paid in the documentation governing such Indebtedness as of the date of this Indenture, and will
not include any contingent obligations to repay, redeem or repurchase any such interest or
principal prior to the date originally scheduled for the payment thereof.

     “Subsidiary” means, with respect to any specified Person:

     (1) any corporation, association or other business entity of which more than 50% of the
total voting power of shares of Capital Stock entitled (without regard to the occurrence of
any contingency and after giving effect to any voting agreement or stockholders’ agreement
that effectively transfers voting power) to vote in the election of directors, managers or
trustees of the corporation, association or other business entity is at the time owned or
controlled, directly or indirectly, by that Person or one or more of the other Subsidiaries
of that Person (or a combination thereof); and

     (2) any partnership (a) the sole general partner or the managing general partner of
which is such Person or a Subsidiary of such Person or (b) the only general partners of
which are that Person or one or more Subsidiaries of that Person (or any combination
thereof).

     “TIA” means the Trust Indenture Act of 1939, as amended (15 U.S.C. §§ 77aaa-77bbbb).

     “Trustee” means the person named as the “Trustee” in the first paragraph of this instrument
until a successor Trustee shall have become such pursuant to the applicable provisions of this
Indenture, and thereafter “Trustee” shall mean 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 Notes of any
Series shall mean the Trustee with respect to Notes of that Series.

     “Voting Stock” of any specified Person as of any date means the Capital Stock of such Person
that is at the time entitled to vote in the election of the Board of Directors of such Person.

Section 1.02 Other Definitions.

	 	 	 	 	 
	 	 	Defined in
	Term	 	Section
	“Authentication Order”
	 	 	2.03	 
	“Covenant Defeasance”
	 	 	8.03	 
	“Event of Default”
	 	 	6.01	 
	“Legal Defeasance”
	 	 	8.02	 
	“Paying Agent”
	 	 	2.04	 
	“Payment Default”
	 	 	6.01	 
	“Registrar”
	 	 	2.04	 

Section 1.03 Incorporation by Reference of Trust Indenture Act.

     Whenever this Indenture refers to a provision of the TIA, the provision is incorporated by
reference in and made a part of this Indenture.

5

 

     The following TIA terms used in this Indenture have the following meanings:

     “indenture securities” means the Notes;

     “indenture security Holder” means a Holder of a Note;

     “indenture to be qualified” means this Indenture;

     “indenture trustee” or “institutional trustee” means the Trustee; and

     “obligor” on the indenture securities means the Company, and any successor obligor upon the
Notes.

     All other terms used in this Indenture that are defined by the TIA, defined by TIA reference
to another statute or defined by SEC rule under the TIA have the meanings so assigned to them.

Section 1.04 Rules of Construction.

     Unless the context otherwise requires:

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

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

     (3) “or” is not exclusive;

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

     (5) “will” shall be interpreted to express a command;

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

     (7) references to sections of or rules under the Securities Act will be deemed to
include substitute, replacement or successor sections or rules adopted by the SEC from time
to time.

ARTICLE 2

THE NOTES

Section 2.01 Issuable in Series.

     The aggregate principal amount of Notes that may be authenticated and delivered under this
Indenture is unlimited. The Notes may be issued in one or more Series. All Notes of a Series shall
be identical except as may be set forth in a Board Resolution, a supplemental indenture or an
Officer’s Certificate detailing the adoption of the terms thereof pursuant to the authority granted
under a Board Resolution. In the case of Notes of a Series to be issued from time to time, the
Board Resolution, Officer’s Certificate or supplemental indenture detailing the adoption of the
terms thereof pursuant to authority granted under a Board Resolution may provide for the method by
which specified terms (such as interest rate, maturity date, record date or date from which
interest shall accrue) are to be determined.
Notes may differ between Series in respect of any matters, provided that all Series of Notes
shall be equally and ratably entitled to the benefits of the Indenture.

6

 

Section 2.02 Establishment of Terms of Series of Notes.At or prior to the issuance of any
Notes within a Series, the following shall be established (as to the Series generally, in the case
of Subsection 2.02(a) and either as to such Notes within the Series or as to the Series generally
in the case of Subsections 2.02(b) through 2.02(r)) by or pursuant to a Board Resolution, and set
forth or determined in the manner provided in a Board Resolution, supplemental indenture or an
Officer’s Certificate pursuant to authority granted under a Board Resolution:

     (a) the title of the Series (which shall distinguish the Notes of that particular Series from
the Notes of any other Series);

     (b) the price or prices (expressed as a percentage of the principal amount thereof) at which
the Notes of the Series will be issued;

     (c) any limit upon the aggregate principal amount of the Notes of the Series which may be
authenticated and delivered under this Indenture (except for Notes authenticated and delivered upon
registration of transfer of, or in exchange for, or in lieu of, other Notes of the Series pursuant
to Section 2.07, 2.08, 2.11, 3.06 or 9.05);

     (d) the date or dates on which the principal of the Notes of the Series is payable;

     (e) the rate or rates (which may be fixed or variable) per annum or, if applicable, the method
used to determine such rate or rates (including, but not limited to, any commodity, commodity
index, stock exchange index or financial index) at which the Notes of the Series shall bear
interest, if any, the date or dates from which such interest, if any, shall accrue, the date or
dates on which such interest, if any, shall commence and be payable and any regular record date for
the interest payable on any interest payment date;

     (f) the place or places where the principal of, premium and interest, if any, on the Notes of
the Series shall be payable, where the Notes of such Series may be surrendered for registration of
transfer or exchange and where notices and demands to or upon the Company in respect of the Notes
of such Series and this Indenture may be served, and the method of such payment, if by wire
transfer, mail or other means;

     (g) if applicable, the period or periods within which, the price or prices at which and the
terms and conditions upon which the Notes of the Series may be redeemed, in whole or in part, at
the option of the Company;

     (h) the obligation, if any, of the Company to redeem or purchase the Notes of the Series
pursuant to any sinking fund or analogous provisions or at the option of a Holder thereof and the
period or periods within which, the price or prices at which and the terms and conditions upon
which Notes of the Series shall be redeemed or purchased, in whole or in part, pursuant to such
obligation;

     (i) the dates, if any, on which and the price or prices at which the Notes of the Series will
be repurchased by the Company at the option of the Holders thereof and other detailed terms and
provisions of such repurchase obligations;

     (j) if other than denominations of $1,000 and any integral multiple thereof, the denominations
in which the Notes of the Series shall be issuable;

     (k) the forms of the Notes of the Series in bearer or fully registered form (and, if in fully
registered form, whether the Notes will be issuable as Global Notes);

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     (l) if other than the principal amount thereof, the portion of the principal amount of the
Notes of the Series that shall be payable upon declaration of acceleration of the maturity thereof
pursuant to Section 6.02;

     (m) the designation of the currency, currencies or currency units in which payment of the
principal of, premium and interest, if any, on the Notes of the Series will be made if other than
U.S. dollars;

     (n) the provisions, if any, relating to any security provided for the Notes of the Series, and
any subordination in right of payment, if any, of the Notes of the Series;

     (o) any addition to or change in the Events of Default which applies to any Notes of the
Series and any change in the right of the Trustee or the requisite Holders of such Notes to declare
the principal amount thereof due and payable pursuant to Section 6.02;

     (p) any addition to or change in the covenants set forth in Articles 4 or 5 which applies to
Notes of the Series;

     (q) any other terms of the Notes of the Series (which may modify or delete any provision of
this Indenture insofar as it applies to such Series); and

     (r) any depositaries, interest rate calculation agents, exchange rate calculation agents or
other agents with respect to Notes of such Series if other than those appointed herein.

     All Notes of any one Series need not be issued at the same time and may be issued from time to
time, consistent with the terms of this Indenture, if so provided by or pursuant to the Board
Resolution, supplemental indenture hereto or Officer’s Certificate referred to above, and, unless
otherwise provided, a Series may be reopened, without the consent of the Holders, for issuances of
additional Notes of such Series.

Section 2.03 Execution and Authentication.

     One Officer shall sign the Notes for the Company by manual or facsimile signature. If an
Officer whose signature is on a Note no longer holds that office at the time such Note is
authenticated, such Note shall nevertheless be valid.

     A Note shall not be valid until authenticated by the manual signature of the Trustee. The
signature shall be conclusive evidence that the Note, as applicable, has been authenticated under
this Indenture.

     The Trustee shall, upon a written order of the Company signed by one Officer (an
“Authentication Order”), authenticate Notes for original issue in accordance with this Indenture.
The Notes shall be dated their date of authentication.

     The Trustee may appoint an authenticating agent acceptable to the Company to authenticate
Notes. An authenticating agent may authenticate Notes whenever the Trustee may do so. Each
reference in this Indenture to authentication by the Trustee includes authentication by such agent.
An authenticating agent has the same rights as an Agent to deal with Holders or an Affiliate of
the Company.

     At any time and from time to time after the execution and delivery of this Indenture, the
Company may deliver Notes of any Series executed by the Company to the Trustee for authentication,

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together with a Company Order for the authentication and delivery of such Notes, and the Trustee in
accordance with the Company Order will authenticate and deliver such Notes. In authenticating such
Notes, and accepting the additional responsibilities under this Indenture in relation to such
Notes, the Trustee shall receive, and (subject to Section 7.01) will be fully protected in relying
upon, an Opinion of Counsel stating:

     (a) that such form has been established in conformity with the provisions of this Indenture;

     (b) that such terms have been established in conformity with the provisions of this Indenture;

     (c) that such Notes, when authenticated and delivered by the Trustee and issued by the Company
in the manner and subject to any conditions specified in such Opinion of Counsel, will constitute
valid and binding obligations of the Company enforceable in accordance with their terms, except as
the enforceability thereof may be limited by bankruptcy, insolvency, reorganization, moratorium, or
other laws relating to or affecting creditors’ rights and by general principles of equity; and

     (d) that all applicable laws and requirements in respect of the execution and delivery by the
Company of such Notes have been complied with.

Section 2.04 Registrar and Paying Agent.

     The Company shall maintain an office or agency where Notes may be presented for registration
of transfer or for exchange (“Registrar”) and an office or agency where Notes may be presented for
payment (“Paying Agent”). The Registrar shall keep a register with respect to each Series of the
Notes and of their transfer and exchange. The Company may appoint one or more co-registrars and
one or more additional paying agents or change the office of such Registrar or Paying Agent. The
term “Registrar” includes any co-registrar and the term “Paying Agent” includes any additional
paying agent. The Company may change any Paying Agent or Registrar without notice to any Holder;
however, the Company shall maintain a Paying Agent in each place of payment for the Notes of each
Series. The Company shall notify the Trustee in writing of the name and address of any Agent not a
party to this Indenture. If the Company fails to appoint or maintain another entity as Registrar
or Paying Agent, the Trustee shall act as such. The Company or any of its Subsidiaries may act as
Paying Agent or Registrar.

     The Company initially appoints the Trustee to act as the Registrar and Paying Agent and to act
as Custodian with respect to the Global Notes.

Section 2.05 Paying Agent to Hold Money in Trust.

     The Company shall require each Paying Agent other than the Trustee to agree in writing that
the Paying Agent will hold in trust, for the benefit of Holders of any Series of Notes, or the
Trustee, all
money held by the Paying Agent for the payment of principal or interest on the Series of
Notes, and shall notify the Trustee of any default by the Company in making any such payment.
While any such default continues, the Trustee may require a Paying Agent to pay all money held by
it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it
to the Trustee. All payments to a Paying Agent or any Notes which remain unclaimed for a period of
two years after such payment was due shall be repaid to the Company. Thereafter, the Holder may
look only to the Company for repayment. Upon payment over to the Trustee, or to the Company, as
the case may be, the Paying Agent (if other than the Company or a Subsidiary) shall have no further
liability for the money. If the Company or a Subsidiary acts as Paying Agent, it shall segregate
and hold in a separate trust fund for the benefit of Holders of any Series of Notes all money held
by it as Paying Agent. Upon any bankruptcy or

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reorganization proceedings relating to the Company,
the Trustee shall serve as Paying Agent for the Notes.

Section 2.06 Holder Lists.

     The Trustee shall preserve in as current a form as is reasonably practicable the most recent
list available to it of the names and addresses of Holders of each Series of Notes and shall
otherwise comply with TIA Section 312(a). If the Trustee is not the Registrar, the Company shall
furnish to the Trustee, at least seven 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 each Series of Notes and
the Company shall otherwise comply with TIA Section 312(a).

Section 2.07 Transfer and Exchange.

     Notes may be transferred or exchanged at the office of the Registrar or co-registrar
designated by the Company. Where Notes of a Series are presented to the Registrar or a
co-registrar with a request to register a transfer or to exchange them for an equal principal
amount of Notes of the same Series, the Registrar shall register the transfer or make the exchange
if its requirements for such transactions are met. To permit registrations of transfers and
exchanges, the Trustee shall authenticate Notes at the Registrar’s request. No service charge
shall be made for any registration of transfer or exchange (except as otherwise expressly permitted
herein), but the Company may require payment of a sum sufficient to cover any transfer tax or
similar governmental charge payable in connection therewith (other than any such transfer tax or
similar governmental charge payable upon exchanges pursuant to Sections 2.11, 3.06 or 9.05).

     Neither the Company nor the Registrar shall be required (a) to issue, register the transfer
of, or exchange Notes of any Series for the period beginning at the opening of business fifteen
days immediately preceding the mailing of a notice of redemption of Notes of that Series selected
for redemption and ending at the close of business on the day of such mailing, or (b) to register
the transfer of or exchange Notes of any Series selected, called or being called for redemption as
a whole or a portion thereof, except the unredeemed portion of Notes being redeemed in part.

     Each Holder of a Security agrees to indemnify the Company and the Trustee against any
liability that may result from the transfer, exchange or assignment of such Holder’s Security in
violation of any provision of this Indenture and/or applicable United States federal or state
securities law.

     The Trustee shall have no obligation or duty to monitor, determine or inquire as to compliance
with any restrictions on transfer imposed under this Indenture or under applicable law with respect
to any transfer of any interest in any Note (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.

Section 2.08 Replacement Notes.

     If any mutilated Note is surrendered to the Trustee, or if the Company and the Trustee receive
evidence to their satisfaction of the destruction, loss or theft of any Note, the Company shall
issue and the Trustee, upon receipt of an Authentication Order together with such indemnity or
security sufficient in the judgment of the Trustee and the Company to protect the Company, the
Trustee, any Agent and any authenticating agent from any loss that any of them may suffer if a Note
is replaced, shall authenticate a

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replacement Note of the same Series if the Trustee’s requirements
are met. The Company may charge for its expenses in replacing a Note.

     Every replacement Note of any Series is an additional obligation of the Company and shall be
entitled to all of the benefits of this Indenture equally and proportionately with all other Notes
of that Series duly issued hereunder.

Section 2.09 Outstanding Notes.

     The Notes outstanding at any time are all the Notes authenticated by the Trustee except for
those canceled by it, those delivered to it for cancellation, those reductions in the interest in a
Global Note effected by the Trustee in accordance with the provisions hereof, and those described
in this Section as not outstanding. Except as set forth in Section 2.10 hereof, a Note does not
cease to be outstanding because the Company or an Affiliate of the Company holds the Note.

     If a Note is replaced pursuant to Section 2.08 hereof, it ceases to be outstanding unless the
Trustee receives proof satisfactory to it that the replaced Note is held by a bona fide purchaser.

     If the principal amount of any Note is considered paid under Section 4.01 hereof, it ceases to
be outstanding and interest on it ceases to accrue.

     If the Paying Agent (other than the Company, a Subsidiary or an Affiliate of any thereof)
holds, on a redemption date or maturity date, money sufficient to pay Notes payable on that date,
then on and after that date such Notes shall be deemed to be no longer outstanding and shall cease
to accrue interest.

Section 2.10 Treasury Notes.

     In determining whether the Holders of the required principal amount of Notes of a Series have
concurred in any direction, waiver or consent, Notes owned by the Company, or by any Person
directly or indirectly controlling or controlled by or under direct or indirect common control with
the Company, shall
be considered as though not outstanding, except that for the purposes of determining whether
the Trustee shall be protected in relying on any such direction, waiver or consent, only Notes of a
Series that a Responsible Officer of the Trustee actually knows are so owned shall be so
disregarded.

Section 2.11 Temporary Notes.

     Until certificates representing Notes are ready for delivery, the Company may prepare and the
Trustee, upon receipt of an Authentication Order, shall authenticate temporary Notes. Temporary
Notes shall be substantially in the form of certificated Notes but may have variations that the
Company considers appropriate for temporary Notes and as shall be reasonably acceptable to the
Trustee. Without unreasonable delay, the Company shall prepare and the Trustee shall authenticate
definitive Notes in exchange for temporary Notes.

     Holders of temporary Notes shall be entitled to all of the benefits of this Indenture.

Section 2.12 Cancellation.

     The Company at any time may deliver Notes to the Trustee for cancellation. The Registrar and
Paying Agent shall forward to the Trustee any Notes surrendered to them for registration of
transfer, exchange or payment. The Trustee and no one else shall cancel all Notes surrendered for
registration of transfer, exchange, payment, replacement or cancellation and shall return such
canceled Notes to the

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Company. The Company may not issue new Notes to replace Notes that it has
paid or that have been delivered to the Trustee for cancellation.

Section 2.13 Defaulted Interest.

     If the Company defaults in a payment of interest on a Series of Notes, it shall pay the
defaulted interest in any lawful manner plus, to the extent lawful, interest payable on the
defaulted interest, to the Persons who are Holders of the Series on a subsequent special record
date, in each case at the rate provided in the Notes and in Section 4.01 hereof. The Company shall
notify the Trustee in writing of the amount of defaulted interest proposed to be paid on each Note
and the date of the proposed payment. The Company shall fix or cause to be fixed each such special
record date and payment date, provided that no such special record date shall be less than 10 days
prior to the related payment date for such defaulted interest. At least 15 days before the special
record date, the Company (or, upon the written request of the Company, the Trustee in the name and
at the expense of the Company) shall mail or cause to be mailed to Holders a notice that states the
special record date, the related payment date and the amount of such interest to be paid.

Section 2.14 Global Notes.

     (a) Terms of Notes. A Board Resolution, a supplemental indenture hereto, or an
Officer’s Certificate shall establish whether the Notes of a Series shall be issued in whole or in
part in the form of one or more Global Notes and shall name the Depositary for such Global Note or
Notes. Except as
provided herein, each Global Note shall be (i) registered in the name of the Depositary, (ii)
deposited with the Depositary, and (iii) bear the legend indicated in Section 2.14(c).

     (b) Transfer and Exchange. Notwithstanding any provisions to the contrary contained
in Section 2.07 of the Indenture and in addition thereto, any Global Note shall be exchangeable
pursuant to Section 2.07 of the Indenture for Notes registered in the names of Holders other than
the Depositary for such Note or its nominee only if (i) such Depositary notifies the Company that
it is unwilling or unable to continue as Depositary for such Global Note or if at any time such
Depositary ceases to be a clearing agency registered under the Exchange Act, and, in either case,
the Company fails to appoint a successor Depositary registered as a clearing agency under the
Exchange Act within 90 days of such event, (ii) the Company executes and delivers to the Trustee an
Officer’s Certificate to the effect that such Global Note shall be so exchangeable or (iii) an
Event of Default with respect to the Notes represented by such Global Note shall have happened and
be continuing. Any Global Note that is exchangeable pursuant to the preceding sentence shall be
exchangeable for Notes registered in such names as the Depositary shall direct in writing in an
aggregate principal amount equal to the principal amount of the Global Note with like tenor and
terms.

     Except as provided in this Section 2.14(b), a Global Note may not be transferred except as a
whole by the Depositary with respect to such Global Note to a nominee of such Depositary, by a
nominee of such Depositary to such Depositary or another nominee of such Depositary or by the
Depositary, or any such nominee to a successor Depositary or a nominee of such a successor
Depositary.

     (c) Legend. Any Global Note issued hereunder shall bear a legend in substantially the
following form:

     “This Note is a Global Note within the meaning of the Indenture hereinafter referred to and is
registered in the name of the Depositary or a nominee of the Depositary. This Note is exchangeable
for Notes registered in the name of a person other than the Depositary or its nominee only in the
limited circumstances described in the Indenture, and may not be transferred except as a whole by
the Depositary to a nominee of the Depositary, by a nominee of the Depositary

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to the Depositary or
another nominee of the Depositary or by the Depositary or any such nominee to a successor
Depositary or a nominee of such a successor Depositary.”

     (d) Acts of Holders. The Depositary, as a Holder, may appoint agents and otherwise
authorize participants to give or take any request, demand, authorization, direction, notice,
consent, waiver or other action which a Holder is entitled to give or take under the Indenture.

     (e) Payments. Notwithstanding the other provisions of this Indenture, unless
otherwise specified as contemplated by Section 2.02, payment of the principal of and interest, if
any, on any Global Note shall be made to the Holder thereof. Prior to due presentment of a Note
for registration of transfer, the Company, the Trustee, and any agent of the Company or the Trustee
may treat the Person in whose name such Security is registered as the owner of such Security at the
close of business on the regular record date for the purpose of receiving payment of principal of
and any premium and (subject to Section 2.13) any interest on such Security and for all other
purposes whatsoever, whether or not such Security shall be overdue, and neither the Company, the
Trustees nor any agent of the Company or the Trustee will be affected by notice to the contrary.

     (f) Consents, Declaration and Directions. Except as provided in Section 2.14(e), the
Company, the Trustee and any Agent shall treat a person as the Holder of such principal amount of
outstanding Notes of such Series represented by a Global Note as shall be specified in a written
statement
of the Depositary with respect to such Global Note, for purposes of obtaining any consents,
declarations, waivers or directions required to be given by the Holders pursuant to this Indenture.

Section 2.15 CUSIP Number.

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

ARTICLE 3

REDEMPTION AND PREPAYMENT

Section 3.01 Notice to Trustee.

     The Company may, with respect to any Series of Notes, reserve the right to redeem and pay the
Series of Notes or may covenant to redeem and pay the Series of Notes or any part thereof prior to
the Stated Maturity thereof at such time and on such terms as provided for in such Notes. If a
Series of Notes is redeemable and the Company wants or is obligated to redeem prior to the Stated
Maturity thereof all or part of the Series of Notes pursuant to the terms of such Notes, it shall
notify the Trustee in writing of the redemption date and the principal amount of Series of Notes to
be redeemed. The Company shall give the notice at least 45 days but not more than 60 days before
the redemption date (or such shorter notice as may be acceptable to the Trustee).

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Section 3.02 Selection of Notes to Be Redeemed.

     If less than all of the Notes of a Series are to be redeemed or purchased in an offer to
purchase at any time, the Trustee shall select the Notes of a Series to be redeemed or purchased
among the Holders of the Notes (a) in compliance with the requirements of the principal national
securities exchange, if any, on which the Notes are listed or, (b) if the Notes are not so listed,
on a pro rata basis, by lot or in accordance with any other method the Trustee considers fair and
appropriate. In the event of partial redemption or purchase by lot, the particular Notes to be
redeemed shall be selected, unless otherwise provided herein, not less than 30 nor more than 60
days prior to the redemption date by the Trustee from the outstanding Notes not previously called
for redemption or purchase. The Trustee may select for redemption or repurchase portions of the
principal of Notes of the Series that have denominations larger than $1,000.

     The Trustee shall promptly notify the Company in writing of the Notes selected for redemption
and, in the case of any Note selected for partial redemption, the principal amount thereof to be
redeemed. Notes of a Series and portions of them selected shall be in amounts of $1,000 or whole
multiples of $1,000, or with respect to Notes of any Series issuable in other denominations
pursuant to Section 2.02(j), the minimum principal denomination for each Series and integral
multiples thereof. Except as provided
in the preceding sentence, provisions of this Indenture that apply to Notes of a Series called
for redemption or repurchase also apply to portions of Notes of a Series called for redemption or
repurchase.

Section 3.03 Notice of Redemption.

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

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

     (1) the redemption date;

     (2) the redemption price;

     (3) the name and address of the Paying Agent;

     (4) that Notes of the Series called for redemption must be surrendered to the Paying
Agent to collect the redemption price;

     (5) that interest on Notes of the Series called for redemption ceases to accrue on and
after the redemption date;

     (6) the CUSIP number, if any; and

     (7) any other information as may be required by the terms of the particular Series of
the Notes or the Notes of a Series being redeemed.

     At the Company’s request, and upon receipt of an Officer’s Certificate complying with Section
11.04 hereof, the Trustee shall give the notice of redemption in the Company’s name and at its
expense.

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Section 3.04 Effect of Notice of Redemption.

     Once notice of redemption is mailed in accordance with Section 3.03 hereof, Notes called for
redemption become irrevocably due and payable on the redemption date at the redemption price. A
notice of redemption may not be conditional.

Section 3.05 Deposit of Redemption Price.

     One Business Day prior to the redemption date, the Company shall deposit with the Trustee or
with the Paying Agent money sufficient to pay the redemption price of and accrued interest on all
Notes to be redeemed on that date. The Trustee or the Paying Agent shall promptly return to the
Company any money deposited with the Trustee or the Paying Agent by the Company in excess of the
amounts necessary to pay the redemption price of, and accrued interest on, all Notes to be
redeemed.

     If the Company complies with the provisions of the preceding paragraph, on and after the
redemption date, interest shall cease to accrue on the Notes or the portions of Notes called for
redemption. If a Note is redeemed on or after an interest record date but on or prior to the
related interest payment date, then any accrued and unpaid interest shall be paid to the Person in
whose name such Note was registered at the close of business on such record date. If any Note
called for redemption shall not be so paid upon surrender for redemption because of the failure of
the Company to comply with the preceding paragraph, interest shall be paid on the unpaid principal,
from the redemption date until such principal is paid, and to the extent lawful on any interest not
paid on such unpaid principal, in each case at the rate provided in the Notes and in Section 4.01
hereof.

Section 3.06 Notes Redeemed in Part.

     Upon surrender of a Note that is redeemed in part, the Company shall issue and, upon the
Company’s written request, the Trustee shall authenticate for the Holder, at the expense of the
Company, a new Note equal in principal amount to the unredeemed portion of the Note surrendered.

     No Notes of $1,000 or less can be redeemed in part.

ARTICLE 4

COVENANTS

Section 4.01 Payment of Principal and Interest.

     The Company covenants and agrees for the benefit of the Holders of each Series of Notes that
it will pay or cause to be paid the principal of, premium, if any, and interest on the Notes on the
dates and in the manner provided in such Notes. Principal, premium, if any, and interest on any
Series of Notes will be considered paid on the date due if the Paying Agent, if other than the
Company or a Subsidiary thereof, holds as of 10:00 a.m. Eastern Time on the due date money
deposited by the Company in immediately available funds and designated for and sufficient to pay
all principal, premium, if any, and interest then due.

Section 4.02 Maintenance of Office or Agency.

     The Company covenants and agrees for the benefit of the Holders of each Series of Notes that
it will maintain in the Borough of Manhattan, the City of New York, an office or agency (which may
be an office of the Trustee for such Notes or an affiliate of the Trustee, Registrar for such Notes
or co-registrar) where Notes may be surrendered for registration of transfer or for exchange and
where notices and

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demands to or upon the Company in respect of such Notes and this Indenture may be
served. The Company will give prompt written notice to the Trustee for such Notes of the location,
and any change in the location, of such office or agency. If at any time the Company fails to
maintain any such required office or agency or fails 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 may also from time to time designate one or more other offices or agencies where a
Series of Notes 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 will in
any manner relieve the Company of its obligation to maintain an office or agency in the Borough of
Manhattan, the City of New York for such purposes. The Company will give prompt written notice to
the Trustee for such Series of Notes of any such designation or rescission and of any change in the
location of any such other office or agency.

     With respect to each Series of Notes, the Company hereby designates the Corporate Trust Office
of the Trustee as one such office or agency of the Company in accordance with Section 2.04.

Section 4.03 Reports.

     The Company will at all times comply with TIA § 314(a). Delivery of such reports, information
and documents to the Trustee is for informational purposes only and 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 its covenants
hereunder (as to which the Trustee is entitled to rely exclusively on Officer’s Certificates).

Section 4.04 Compliance Certificate.

     (a) The Company and each guarantor of any Series of Notes (to the extent that such guarantor
is so required under the TIA) shall deliver to the Trustee with respect to such Series, within 120
days after the end of each fiscal year, an Officer’s Certificate stating that a review of the
activities of the Company and its Subsidiaries during the preceding fiscal year has been made under
the supervision of the signing Officers with a view to determining whether the Company has kept,
observed, performed and fulfilled its obligations under this Indenture, and further stating, as to
each such Officer signing such certificate, that to the best of his or her knowledge the Company
has kept, observed, performed and fulfilled each and every covenant contained in this Indenture and
is not in default in the performance or observance of any of the terms, provisions and conditions
of this Indenture (or, if a Default or Event of Default shall have occurred, describing all such
Defaults or Events of Default of which he or she may have knowledge and what action the Company is
taking or proposes to take with respect thereto) and that to the best of his or her knowledge no
event has occurred and remains in existence by reason of which payments on account of the principal
of or interest, if any, on the Notes is prohibited or if such event has occurred, a description of
the event and what action the Company is taking or proposes to take with respect thereto.

     (b) The Company shall, so long as any of Series of Notes are outstanding, deliver to the
Trustee with respect to such Series, as soon as possible, but in no event later than five days
after any Officer becoming aware of any Default or Event of Default, an Officer’s Certificate
specifying such Default or Event of Default and what action the Company is taking or proposes to
take with respect thereto.

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Section 4.05 Taxes.

     The Company will pay, and will cause each of its Subsidiaries to pay, prior to delinquency,
all material taxes, assessments, and governmental levies except such as are contested in good faith
and by appropriate proceedings or where the failure to effect such payment is not adverse in any
material respect to the Holders of the Notes.

Section 4.06 Stay, Extension and Usury Laws.

     The Company covenants (to the extent that it may lawfully do so) that it will not, and each
guarantor of such Notes will not, at any time insist upon, plead, or in any manner whatsoever claim
or take the benefit or advantage of, any stay, extension or usury law wherever enacted, now or at
any time hereafter in force, that may affect the covenants or the performance of this Indenture;
and the Company and each of such guarantors (to the extent that it may lawfully do so), as
applicable, hereby expressly waives all benefit or advantage of any such law, and covenants that it
will not, by resort to any such law,
hinder, delay or impede the execution of any power herein granted to the Trustee for such
Notes, but will suffer and permit the execution of every such power as though no such law has been
enacted.

Section 4.07 Corporate Existence.

     Subject to Articles 5 hereof, the Company shall do or cause to be done all things necessary to
preserve and keep in full force and effect:

     (a) its corporate existence, and the corporate, partnership or other existence of each of its
Subsidiaries, in accordance with the respective organizational documents (as the same may be
amended from time to time) of the Company or any such Subsidiary; and

     (b) the rights (charter and statutory), licenses and franchises of the Company and its
Subsidiaries; provided, however, that the Company shall not be required to preserve any such right,
license or franchise, or the corporate, partnership or other existence of any of its Subsidiaries,
if an Officer shall determine that the preservation thereof is no longer desirable in the conduct
of the business of the Company and its Subsidiaries, taken as a whole, and that the loss thereof is
not adverse in any material respect to the Holders of the Notes.

ARTICLE 5

SUCCESSORS

Section 5.01 Merger, Consolidation, or Sale of Assets.

     The Company shall not, directly or indirectly: (a) consolidate or merge with or into another
Person; or (b) sell, assign, transfer, convey or otherwise dispose of all or substantially all of
the properties or assets of the Company and its Subsidiaries taken as a whole, in one or more
related transactions, to another Person, unless:

     (1) either:

     (A) the Company is the surviving corporation; or

     (B) the Person formed by or surviving any such consolidation or merger (if
other than the Company) or to which such sale, assignment, transfer, conveyance or
other disposition has been made is a corporation, limited liability company,
partnership, trust or

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other entity organized or existing under the laws of the
United States, any state of the United States or the District of Columbia;

     (2) the Person formed by or surviving any such consolidation or merger (if other than
the Company) or the Person to which such sale, assignment, transfer, conveyance or other
disposition has been made assumes all the obligations of the Company under the Notes and
this Indenture pursuant to agreements reasonably satisfactory to the Trustee;

     (3) immediately after such transaction and treating the Company’s obligations in
connection with or as a result of such transaction as having been incurred as of the time of
such transaction, no Default or Event of Default shall have occurred and be continuing; and

     (4) the Company or the surviving entity shall have delivered to the Trustee an
Officer’s Certificate stating that such consolidation, merger, sale, assignment, transfer,
lease, conveyance or other disposition and, if a supplemental indenture is required in
connection with
such transaction, such supplemental indenture complies with the applicable provisions
of this Indenture and that all conditions precedent in this Indenture relating to such
transaction have been satisfied.

        In addition, the Company will not, directly or indirectly, lease all or substantially all of
its properties or assets, in one or more related transactions, to any other Person. This Section
5.01 will not apply to:

     (1) a merger of the Company with an Affiliate solely for the purpose of reincorporating
the Company in another jurisdiction; or

     (2) any consolidation or merger, or any sale, assignment, transfer, conveyance, lease
or other disposition of assets between or among the Company and its Subsidiaries.

Section 5.02 Successor Corporation Substituted.

     Upon any consolidation or merger, or any sale, assignment, transfer, lease, conveyance or
other disposition of all or substantially all of the properties or assets of the Company in a
transaction that is subject to, and that complies with the provisions of, Section 5.01 hereof, the
successor Person formed by such consolidation or into or with which the Company is merged or to
which such sale, assignment, transfer, lease, conveyance or other disposition is made shall succeed
to, and be substituted for (so that from and after the date of such consolidation, merger, sale,
assignment, transfer, lease, conveyance or other disposition, the provisions of this Indenture
referring to the “Company” shall refer instead to the successor Person and not to the Company), and
may exercise every right and power of the Company under this Indenture with the same effect as if
such successor Person had been named as the Company herein; provided, however, that the predecessor
Company shall not be relieved from the obligation to pay the principal of and interest on any
Series of Notes except in the case of a sale of all of the Company’s assets in a transaction that
is subject to, and that complies with the provisions of, Section 5.01 hereof.

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ARTICLE 6

DEFAULTS AND REMEDIES

Section 6.01 Events of Default.

     “Event of Default,” wherever used herein with respect to Notes of any Series, means any one of
the following events, unless in the establishing Board Resolution, supplemental indenture or
Officer’s Certificate, it is provided that such Series shall not have the benefit of said Event of
Default:

     (a) default in the payment of any interest on any Note of that Series when it becomes due and
payable, and continuance of such default for a period of 90 days; or

     (b) default in payment when due of the principal of, or premium, if any, on any Note of that
Series; or

     (c) default in the performance or breach of any covenant or warranty of the Company in this
Indenture (other than a covenant or warranty that has been included in this Indenture solely for
the benefit of Series of Notes other than that Series), which default continues uncured for a
period of 90 days after written notice given by the Trustees for such Notes or Holders of such
Notes, or the Company and the Trustee receive written notice from Holders of not less than a
majority in aggregate principal amount of such Notes outstanding; or

     (d) the Company:

     (A) commences a voluntary case in bankruptcy,

     (B) consents to the entry of an order for relief against it in an involuntary
bankruptcy case,

     (C) applies for or consents to the appointment of any custodian, receiver,
trustee, conservator, liquidator, rehabilitator or similar officer of it or for all
or substantially all of its property,

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

     (E) generally is unable to pay its debts as they become due;

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

     (A) is for relief against the Company;

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

     (C) orders the liquidation of the Company;

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

     (f) any other Event of Default provided with respect to Notes of that Series, which is
specified in a Board Resolution, a supplemental indenture hereto or an Officer’s Certificate, in
accordance with Section 2.02.

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Section 6.02 Acceleration.

     If an Event of Default with respect to Notes of any Series at the time outstanding occurs and
is continuing (other than an Event of Default referred to in Section 6.01(d) or (e)) then in every
such case the Trustee or the Holders of not less than 25% in aggregate principal amount of the
outstanding Notes of that Series may declare the principal amount (or, if any Notes of that Series
are Discount Notes, such portion of the principal amount as may be specified in the terms of such
Notes) of and accrued and unpaid interest, if any, on all of the Notes of that Series 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) and accrued and
unpaid interest, if any, shall become immediately due and payable. If an Event of Default
specified in Section 6.01(d) or (e) shall occur, the principal amount (or specified amount) of and
accrued and unpaid interest, if any, on all outstanding Notes shall ipso facto become and be
immediately due and payable without any declaration or other act on the part of the Trustee or any
Holder.

     At any time after such a declaration of acceleration with respect to any Series has been made,
the Holders of a majority in principal amount of the outstanding Notes of that Series, by written
notice to the Company and the Trustee, may rescind and annul such declaration and its consequences
if the rescission would not conflict with any judgment or decree and if all existing Events of
Default (except nonpayment of principal, interest or premium that has become due solely because of
the acceleration) have been cured
or waived and all sums paid or advanced by the Trustee hereunder and the reasonable
compensation expenses and disbursements of the Trustee and its agent and counsel have been paid.

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

Section 6.03 Other Remedies.

     If an Event of Default with respect to Notes of any Series at the time outstanding occurs and
is continuing, the Trustee may pursue any available remedy to collect the payment of principal,
premium, if any, and interest on such Notes or to enforce the performance of any provision of such
Notes or this Indenture.

     The Trustee may maintain a proceeding even if it does not possess any of the Notes or does not
produce any of them in the proceeding. A delay or omission by the Trustee or any Holder of a Note
in exercising any right or remedy accruing upon an Event of Default shall not impair the right or
remedy or constitute a waiver of or acquiescence in the Event of Default. All remedies are
cumulative to the extent permitted by law.

Section 6.04 Waiver of Past Defaults.

     The Holders of a majority in aggregate principal amount of the Notes of any Series then
outstanding by notice to the Trustee may on behalf of the Holders of all of the Notes waive any
existing Default or Event of Default and its consequences under this Indenture except a continuing
Default or Event of Default in the payment of premium or interest on, or the principal of, the
Notes (including in connection with an offer to purchase); provided, however, that the Holders of a
majority in aggregate principal amount of the then outstanding Notes of any Series may rescind an
acceleration of such Notes and its consequences, including any related payment default that
resulted from such acceleration. Upon any such waiver, such Default or Event of 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 Event of Default or impair any right consequent thereon.

20

 

Section 6.05 Control by Majority.

     Holders of a majority in aggregate principal amount of the then outstanding Notes of any
Series may in writing direct the time, method and place of conducting any proceeding for exercising
any remedy available to the Trustee or exercising any trust or power conferred on it, subject to
Section 7.02(f). However, the Trustee may refuse to follow any direction that conflicts with law
or this Indenture that the Trustee determines may be unduly prejudicial to the rights of other
Holders of Notes or that may involve the Trustee in personal liability.

Section 6.06 Limitation on Suits.

     A Holder of any Series of Notes may pursue a remedy with respect to this Indenture or the
Notes only if:

     (a) the Holder of a Note gives to the Trustee written notice of a continuing Event of Default;

     (b) the Holders of at least 25% in aggregate principal amount of the then outstanding Notes of
such Series make a written request to the Trustee to pursue the remedy;

     (c) such Holder of a Note or Holders of Notes offer and, if requested, provide to the Trustee
indemnity satisfactory to the Trustee against any loss, liability or expense;

     (d) the Trustee does not comply with the request within 60 days after receipt of the request
and the offer and, if requested, the provision of indemnity; and

     (e) during such 60-day period the Holders of a majority in aggregate principal amount of the
then outstanding Notes do not give the Trustee a direction inconsistent with the request.

     A Holder of any Series of Notes may not use this Indenture to prejudice the rights of another
Holder of such Series of Notes or to obtain a preference or priority over another Holder of Notes
of such Series.

Section 6.07 Rights of Holders of Notes to Receive Payment.

     Notwithstanding any other provision of this Indenture, the right of any Holder of a Note to
receive payment of principal, premium, if any, and interest on the Note, on or after the respective
due dates expressed in the Note (including in connection with an offer to purchase), or to bring
suit for the enforcement of any such payment on or after such respective dates, shall not be
impaired or affected without the consent of such Holder.

Section 6.08 Collection Suit by Trustee.

     If an Event of Default specified in Section 6.01(a) or (b) hereof occurs and is continuing,
the Trustee is authorized to recover judgment in its own name and as trustee of an express trust
against the Company for the whole amount of principal of, premium, if any, and interest remaining
unpaid on, the Notes and interest on overdue principal and, to the extent lawful, interest and 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.

21

 

Section 6.09 Trustee May File Proofs of Claim.

     The Trustee for each Series of Notes is authorized to file such proofs of claim and 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 the Holders of the Notes allowed in any judicial proceedings
relative to the Company (or any other obligor upon the Notes), its creditors or its property and
shall be entitled and empowered to collect, receive and distribute any money or other property
payable or deliverable on any such claims and any custodian in any such judicial proceeding is
hereby authorized by each Holder to make such payments to the Trustee, and in the event that the
Trustee shall consent to the making of such payments directly to the Holders, to pay to the Trustee
any amount due to it for the reasonable compensation, expenses, disbursements and advances of the
Trustee, its agents and counsel, and any other amounts due the Trustee under Section 7.07 hereof.
To the extent that the payment of any such compensation, expenses, disbursements and advances of
the Trustee, its agents and counsel, and any other amounts due the Trustee under Section 7.07
hereof out of the estate in any such proceeding, shall be denied for any reason, payment of the
same shall be secured by a Lien on, and shall be paid out of, any and all distributions, dividends,
money, securities and other properties that the Holders may be entitled to receive in such
proceeding whether in liquidation or under any plan of reorganization or arrangement or otherwise.
Nothing herein contained shall be deemed to authorize the Trustee to authorize or consent to or
accept or adopt on behalf of any Holder any plan of reorganization, arrangement, adjustment or
composition affecting the Notes or the rights of any Holder, or to authorize the Trustee to
vote in respect of the claim of any Holder in any such proceeding.

Section 6.10 Priorities.

     If the Trustee collects any money pursuant to this Article 6, it shall pay out the money in
the following order:

     First: to the Trustee, its agents and attorneys for amounts due under Section 7.07
hereof, including payment of all compensation, expenses and liabilities incurred, and all
advances made, by the Trustee and the costs and expenses of collection;

     Second: to Holders of Notes for amounts due and unpaid on the Notes for principal,
premium, if any, and interest, ratably, without preference or priority of any kind,
according to the amounts due and payable on the Notes for principal, premium, if any and
interest, respectively; and

     Third: to the Company or to such party as a court of competent jurisdiction shall
direct.

     The Trustee may fix a record date and payment date for any payment to Holders of Notes
pursuant to this Section 6.10.

Section 6.11 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 or omitted by it as a Trustee, a court in its discretion
may require the filing by any party litigant in the suit of an undertaking to pay the costs of the
suit, and the court in its discretion may assess reasonable costs, including reasonable attorneys’
fees and expenses, against any party litigant in the suit, having due regard to the merits and good
faith of the claims or defenses made by the party litigant. This Section does not apply to a suit
by the Trustee, a suit by a Holder of a Note

22

 

pursuant to Section 6.07 hereof, or a suit by Holders
of more than 10% in principal amount of the then outstanding Notes of any Series.

Section 6.12. Unconditional Right of Holders to Receive Principal, Premium, and Interest.

     Notwithstanding any other provision in this Indenture, the Holder of any Note will have the
right, which is absolute and unconditional, to receive payment of the principal of and any premium
and (subject to Section 2.13) interest on such Note on the respective stated maturities expressed
in such Note (or, in the case of redemption, on the Redemption Date) and to institute suit for the
enforcement of any such payment, and such rights may not be impaired without the consent of such
Holder.

Section 6.13. 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 will be restored
severally and respectively to their former positions hereunder and thereafter all rights and
remedies of the Trustee and the Holders will continue as though no such proceeding had been
instituted.

ARTICLE 7

TRUSTEE

Section 7.01 Duties of Trustee.

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

     (b) Except during the continuance of an Event of Default the duties of the Trustee will be determined solely by the express provisions of
this Indenture and the Trustee need perform only those duties that are specifically set
forth in this Indenture and no others, and no implied covenants or obligations shall be read
into this Indenture against the Trustee; and

     (c) In the absence of bad faith on its part, the Trustee may conclusively rely, as to the
truth of the statements and the correctness of the opinions expressed therein, upon certificates or
opinions furnished to the Trustee and conforming to the requirements of this Indenture. However,
the Trustee will examine the certificates and opinions 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 stated thereon).

     (d) The Trustee may not be relieved from liabilities for its own negligent action, its own
negligent failure to act, or its own willful misconduct, except that:

     (1) this paragraph does not limit the effect of paragraph (b) of this Section 7.01;

23

 

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

     (3) the Trustee will not be liable with respect to any action it takes or omits to take
in good faith in accordance with a direction received by it pursuant to Section 6.05 hereof;
and

     (4) no provision of this Indenture will require the Trustee to expend or risk its own
funds or incur any liability. The Trustee will be under no obligation to exercise any of
its rights and powers under this Indenture at the request of any Holders, unless such Holder
has offered to the Trustee security and indemnity satisfactory to it against any loss,
liability or expense.

     (e) Whether or not therein expressly so provided, every provision of this Indenture that in
any way relates to the Trustee is subject to paragraphs (a), (b), (c) and (d) of this Section 7.01.

     (f) The Trustee will not be liable for interest on any money received by it except as the
Trustee may agree in writing with the Company. Money held in trust by the Trustee need not be
segregated from other funds except to the extent required by law.

Section 7.02 Rights of Trustee.

     (a) The Trustee may conclusively rely upon any document believed by it to be genuine and to
have been signed or presented by the proper Person. The Trustee need not investigate any fact or
matter stated in the document.

     (b) Before the Trustee acts or refrains from acting, it may require an Officer’s Certificate
or an Opinion of Counsel or both. The Trustee will not be liable for any action it takes or omits
to take in good faith in reliance on such Officer’s Certificate or Opinion of Counsel. The Trustee
may consult with counsel and the written advice of such counsel or any Opinion of Counsel will be
full and complete authorization and protection from liability in respect of any action taken,
suffered or omitted by it hereunder in good faith and in reliance thereon.

     (c) The Trustee may act through its attorneys and agents and will not be responsible for the
misconduct or negligence of any agent appointed with due care.

     (d) The Trustee will not be liable for any action it takes or omits to take in good faith that
it believes to be authorized or within the rights or powers conferred upon it by this Indenture.

     (e) Unless otherwise specifically provided in this Indenture, any demand, request, direction
or notice from the Company will be sufficient if signed by an Officer of the Company.

     (f) The Trustee will 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 unless such Holders have
offered to the Trustee reasonable indemnity or security against the losses, liabilities and
expenses that might be incurred by it in compliance with such request or direction.

     (g) 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

24

 

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.

     (h) In no event shall the Trustee be responsible or liable for special, indirect, 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.

     (i) The rights, privileges, protections, immunities and benefits given to the Trustee,
including, without limitation, its right to be indemnified, are extended to, and shall be
enforceable by, the Trustee in each of its capacities hereunder, and each agent, custodian and
other Person employed to act hereunder.

Section 7.03 Individual Rights of Trustee.

     The Trustee in its individual or any other capacity may become the owner or pledgee of Notes
and may otherwise deal with the Company or any Affiliate of the Company with the same rights it
would have if it were not Trustee. However, in the event that the Trustee acquires any conflicting
interest it must eliminate such conflict within 90 days, apply to the SEC for permission to
continue as trustee (if this
Indenture has been qualified under the TIA) or resign. Any Agent may do the same with like
rights and duties. The Trustee is also subject to Sections 7.10 and 7.11 hereof.

Section 7.04 Trustee’s Disclaimer and Acceptance of Facsimile Instructions.

     The Trustee will not be responsible for and makes no representation as to the validity or
adequacy of this Indenture or the Notes, it shall not be accountable for the Company’s use of the
proceeds from the Notes or any money paid to the Company or upon the Company’s direction under any
provision of this Indenture, it will not be responsible for the use or application of any money
received by any Paying Agent other than the Trustee, and it will not be responsible for any
statement or recital herein or any statement in the Notes or any other document in connection with
the sale of the Notes or pursuant to this Indenture other than its certificate of authentication.

     The Trustee agrees to accept and act upon instructions it receives by facsimile pursuant to
this Indenture, provided that promptly following delivery of such facsimile instructions, the
originally executed instructions shall be delivered to the Trustee, and such originally executed
instructions shall be signed by an authorized person.

Section 7.05 Notice of Defaults.

     If a Default or Event of Default occurs and is continuing and if it is known to the Trustee,
the Trustee will mail to Holders of Notes a notice of the Default or Event of Default within 90
days after it occurs. Except in the case of a Default or Event of Default in payment of principal
of, premium, if any, or interest on, any Note, the Trustee may withhold the notice from Holders of
the Notes if and so long as a committee of its Responsible Officers in good faith determines that
withholding the notice is in the interests of the Holders of the Notes.

Section 7.06 Reports by Trustee to Holders of the Notes.

     (a) Within 60 days after the first day of the Company’s fiscal year beginning with the October
2 following the date of this Indenture, and for so long as Notes remain outstanding, the Trustee
will mail to the Holders of the Notes a brief report dated as of such reporting date that complies
with TIA

25

 

§
313(a) (but if no event described in TIA § 313(a) has occurred within the twelve months
preceding the reporting date, no report need be transmitted). The Trustee also will comply with
TIA § 313(b)(2). The Trustee will also transmit by mail all reports as required by TIA § 313(c).

     (b) A copy of each report at the time of its mailing to the Holders of Notes will be mailed by
the Trustee to the Company and filed by the Trustee with the SEC and each stock exchange on which
the Notes are listed in accordance with TIA § 313(d). The Company will promptly notify the Trustee
when the Notes are listed on any stock exchange or delisted therefrom.

Section 7.07 Compensation and Indemnity.

     (a) The Company will pay to the Trustee from time to time such compensation for its acceptance
of this Indenture and services hereunder as the Trustee and the Company may agree. The Trustee’s
compensation will not be limited by any law on compensation of a trustee of an express trust. The
Company will reimburse the Trustee promptly upon request for all reasonable disbursements, advances
and expenses incurred or made by it in addition to the compensation for its services. Such
expenses will include the reasonable compensation, disbursements and expenses of the Trustee’s
agents and counsel.

     (b) The Company will indemnify the Trustee, its officers, directors, employees,
representatives and agents from and against any and all losses, liabilities or expenses incurred by
it arising out of or in connection with the acceptance or administration of its duties under this
Indenture, including the costs and expenses of enforcing this Indenture against the Company
(including this Section 7.07) and defending itself against any claim (whether asserted by the
Company, any Holder or any other Person) or liability in connection with the exercise or
performance of any of its powers or duties hereunder, except to the extent any such loss, liability
or expense may be attributable to its negligence or bad faith. The Trustee will notify the Company
promptly of any claim for which it may seek indemnity. Failure by the Trustee to so notify the
Company will not relieve the Company of its obligations hereunder. The Company will defend the
claim and the Trustee will cooperate in the defense. The Trustee may have separate counsel and the
Company will pay the reasonable fees and expenses of such counsel. The Company need not pay for
any settlement made without its consent, which consent will not be unreasonably withheld.

     (c) The obligations of the Company under this Section 7.07 will survive the satisfaction and
discharge of this Indenture.

     (d) To secure the Company’s payment obligations in this Section 7.07, the Trustee will have a
Lien prior to the Notes on all money or property held or collected by the Trustee. Such Lien will
survive the satisfaction and discharge of this Indenture.

     (e) When the Trustee incurs expenses or renders services after an Event of Default specified
in Section 6.01(d) or (e) hereof occurs, the expenses and the compensation for the services
(including the fees and expenses of its agents and counsel) are intended to constitute expenses of
administration under any Bankruptcy Law.

     (f) The Trustee will comply with the provisions of TIA § 313(b)(2) to the extent applicable.

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Section 7.08 Replacement of Trustee.

     (a) A resignation or removal of the Trustee and appointment of a successor Trustee will become
effective only upon the successor Trustee’s acceptance of appointment as provided in this Section
7.08.

     (b) The Trustee may resign in writing at any time and be discharged from the trust hereby
created by so notifying the Company. The Holders of a majority in aggregate principal amount of
the then outstanding Notes may remove the Trustee by so notifying the Trustee and the Company with
30 days prior notice in writing. The Company may remove the Trustee with 30 days prior written
notice if:

     (1) the Trustee fails to comply with Section 7.10 hereof;

     (2) the Trustee is adjudged a bankrupt or an insolvent or an order for relief is
entered with respect to the Trustee under any Bankruptcy Law;

     (3) a custodian or public officer takes charge of the Trustee or its property; or

     (4) the Trustee becomes incapable of acting.

     (c) If the Trustee resigns or is removed or if a vacancy exists in the office of Trustee for
any reason, the Company will promptly appoint a successor Trustee. Within one year after the
successor
Trustee takes office, the Holders of a majority in aggregate principal amount of the then
outstanding Notes may appoint a successor Trustee to replace the successor Trustee appointed by the
Company.

     (d) If a successor Trustee does not take office within 60 days after the retiring Trustee
resigns or is removed, the retiring Trustee, the Company, or the Holders of at least 10% in
aggregate principal amount of the then outstanding Notes may petition any court of competent
jurisdiction, at the expense of the Company, for the appointment of a successor Trustee.

     (e) If the Trustee, after written request by any Holder who has been a Holder for at least six
months, fails to comply with Section 7.10 hereof, such Holder may petition any court of competent
jurisdiction for the removal of the Trustee and the appointment of a successor Trustee.

     (f) A successor Trustee will deliver a written acceptance of its appointment to the retiring
Trustee and to the Company. Thereupon, the resignation or removal of the retiring Trustee will
become effective, and the successor Trustee will have all the rights, powers and duties of the
Trustee under this Indenture. The successor Trustee will mail a notice of its succession to
Holders. The retiring Trustee will promptly transfer all property held by it as Trustee to the
successor Trustee; provided all sums owing to the Trustee hereunder have been paid and subject to
the Lien provided for in Section 7.07 hereof. Notwithstanding replacement of the Trustee pursuant
to this Section 7.08, the Company’s obligations under Section 7.07 hereof will continue for the
benefit of the retiring Trustee.

Section 7.09 Successor Trustee by Merger, etc.

     If the Trustee consolidates, merges or converts into, or transfers all or substantially all of
its corporate trust business to, another corporation, the successor corporation without any further
act will be the successor Trustee.

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Section 7.10 Eligibility; Disqualification.

     There will at all times be a Trustee hereunder that is a corporation organized and doing
business under the laws of the United States of America or of any state thereof that is authorized
under such laws to exercise corporate trustee power, that is subject to supervision or examination
by federal or state authorities and that has a combined capital and surplus of at least $100.0
million as set forth in its most recent published annual report of condition.

     This Indenture will always have a Trustee who satisfies the requirements of TIA § 310(a)(1),
(2) and (5). The Trustee is subject to TIA § 310(b).

Section 7.11 Preferential Collection of Claims Against Company.

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

ARTICLE 8

LEGAL DEFEASANCE AND COVENANT DEFEASANCE

Section 8.01 Option to Effect Legal Defeasance or Covenant Defeasance.

     The Company may at any time, at the option of its Board of Directors evidenced by a resolution
set forth in an Officer’s Certificate, elect to have either Section 8.02 or 8.03 hereof be applied
to all outstanding Notes upon compliance with the conditions set forth below in this Article 8.

Section 8.02 Legal Defeasance and Discharge.

     Upon the Company’s exercise under Section 8.01 hereof of the option applicable to this Section
8.02, the Company will, subject to the satisfaction of the conditions set forth in Section 8.04
hereof, be deemed to have been discharged from its obligations with respect to all outstanding
Notes of such Series on the date the conditions set forth below are satisfied (hereinafter, “Legal
Defeasance”). For this purpose, Legal Defeasance means that the Company will be deemed to have
paid and discharged the entire Indebtedness represented by the outstanding Notes of such Series,
which will thereafter be deemed to be “outstanding” only for the purposes of Section 8.05 hereof
and the other Sections of this Indenture referred to in clauses (a) and (b) below, and to have
satisfied all their other obligations under such Notes and this Indenture (and the Trustee, on
written demand of and at the expense of the Company, shall execute proper instruments acknowledging
the same), except for the following provisions which will survive until otherwise terminated or
discharged hereunder:

     (a) the rights of Holders of outstanding Notes to receive payments in respect of the principal
of, or interest or premium, if any, on, such Notes when such payments are due from the trust
referred to in Section 8.04 hereof;

     (b) the Company’s obligations with respect to such Notes under Article 2 and Section 4.02
hereof;

     (c) the rights, powers, trusts, duties and immunities of the Trustee hereunder and the
Company’s obligations in connection therewith; and

     (d) this Article 8.

28

 

     Subject to compliance with this Article 8, the Company may exercise its option under this
Section 8.02 notwithstanding the prior exercise of its option under Section 8.03 hereof.

Section 8.03 Covenant Defeasance.

     Upon the Company’s exercise under Section 8.01 hereof of the option applicable to this Section
8.03, the Company and each of the guarantors, if any, will, subject to the satisfaction of the
conditions set forth in Section 8.04 hereof, be released from their obligations under the covenants
contained in Section 4.03 with respect to the outstanding Notes of the applicable Series on and
after the date the conditions set forth in Section 8.04 are satisfied (hereinafter, “Covenant
Defeasance”), and the Notes shall thereafter be deemed not “outstanding” for the purposes of any
direction, waiver, consent or declaration or act of Holders (and the consequences of any thereof)
in connection with such covenants, but shall continue to be deemed “outstanding” for all other
purposes hereunder (it being understood that such Notes shall not be deemed outstanding for
accounting purposes). For this purpose, Covenant Defeasance means that, with respect to the
outstanding Notes of such Series, 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 covenant, whether directly or
indirectly, by reason of any reference elsewhere herein to any such covenant or by reason of
any reference in any such covenant to any other provision herein or in any other document and such
omission to comply shall not constitute a Default or an Event of Default under Section 6.01 hereof,
but, except as specified above, the remainder of this Indenture and such Notes shall be unaffected
thereby. In addition, upon the Company’s exercise under Section 8.01 hereof of the option
applicable to this Section 8.03 hereof, subject to the satisfaction of the conditions set forth in
Section 8.04 hereof, Section 6.01(c) hereof shall not constitute an Event of Default.

Section 8.04 Conditions to Legal or Covenant Defeasance.

     In order to exercise either Legal Defeasance or Covenant Defeasance under either Section 8.02
or 8.03 hereof:

     (a) the Company must irrevocably deposit with the Trustee, in trust, for the benefit of the
Holders, cash in U.S. dollars, non-callable Government Securities, or a combination thereof, in
such amounts as will be sufficient, in the opinion of a nationally recognized investment bank,
appraisal firm, or firm of independent public accountants, to pay the principal of, premium, if
any, and interest on, the outstanding Notes on the stated date for payment thereof or on the
applicable redemption date, as the case may be, and the Company must specify whether the Notes are
being defeased to such stated date for payment or to a particular redemption date;

     (b) in the case of an election under Section 8.02 hereof, the Company must deliver to the
Trustee an Opinion of Counsel confirming that:

     (1) the Company has received from, or there has been published by, the Internal Revenue
Service a ruling; or

     (2) since the date of this Indenture, there has been a change in the applicable federal
income tax law,

in either case to the effect that, and based thereon such Opinion of Counsel shall
confirm that, the Holders of the outstanding Notes will not recognize income, gain
or loss for federal income tax purposes as a result of such Legal Defeasance and
will be subject to federal income tax on the same amounts, in the same manner and at
the same times as would have been the case if such Legal Defeasance had not
occurred;

29

 

     (c) in the case of an election under Section 8.03 hereof, the Company must deliver to the
Trustee an Opinion of Counsel confirming that the Holders of the outstanding Notes will not
recognize income, gain or loss for federal income tax purposes as a result of such Covenant
Defeasance and will be subject to federal income tax on the same amounts, in the same manner and at
the same times as would have been the case if such Covenant Defeasance had not occurred;

     (d) no Default or Event of Default shall have occurred and be continuing on the date of such
deposit (other than a Default or Event of Default resulting from the borrowing of funds to be
applied to such deposit) and the deposit will not result in a breach or violation of, or constitute
a default under, any other instrument to which the Company is a party or by which the Company is
bound;

     (e) such Legal Defeasance or Covenant Defeasance will not result in a breach or violation of,
or constitute a default under, any material agreement or instrument (other than this Indenture) to
which the Company or any of its Subsidiaries is a party or by which the Company or any of its
Subsidiaries is bound;

     (f) the Company must deliver to the Trustee an Officer’s Certificate stating that the deposit
was not made by the Company with the intent of preferring the Holders of Notes over the other
creditors of the Company with the intent of defeating, hindering, delaying or defrauding any
creditors of the Company or others; and

     (g) the Company must deliver to the Trustee an Officer’s Certificate and an Opinion of
Counsel, each stating that all conditions precedent relating to the Legal Defeasance or the
Covenant Defeasance have been complied with.

Section 8.05 Deposited Money and Government Securities to be Held in Trust; Other Miscellaneous
Provisions.

     Subject to Section 8.06 hereof, all money and non-callable Government Securities (including
the proceeds thereof) deposited with the Trustee (or other qualifying trustee, collectively for
purposes of this Section 8.05, the “Trustee”) pursuant to Section 8.04 hereof in respect of the
outstanding Notes of any Series will be held in trust and applied by the Trustee, in accordance
with the provisions of such Notes 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 Holders of such Notes of all sums due and to become due thereon in respect of principal,
premium, if any, and interest, but such money need not be segregated from other funds except to the
extent required by law.

     The Company will pay and indemnify the Trustee against any tax, fee or other charge imposed on
or assessed against the cash or non-callable Government Securities deposited pursuant to Section
8.04 hereof 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 the outstanding Notes of the
applicable Series.

     Notwithstanding anything in this Article 8 to the contrary, the Trustee will deliver or pay to
the Company from time to time upon the request of the Company any money or non-callable Government
Securities held by it as provided in Section 8.04 hereof which, in the opinion of a nationally
recognized firm of independent public accountants expressed in a written certification thereof
delivered to the Trustee (which may be the opinion delivered under Section 8.04(a) hereof), are in
excess of the amount thereof that would then be required to be deposited to effect an equivalent
Legal Defeasance or Covenant Defeasance.

30

 

Section 8.06 Repayment to Company.

     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, premium, if any, or interest on, any Series of Notes and
remaining unclaimed for two years after such principal, premium, if any, or interest has become due
and payable shall be paid to the Company on its request or (if then held by the Company) will be
discharged from such trust; and the Holder of such Note will thereafter be permitted to 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, will thereupon
cease; provided, however, that the Trustee or such Paying Agent, before being required to make any
such repayment, may at the expense of the Company cause to be published once, in the New York Times
and The Wall Street Journal (national edition), notice that such money remains unclaimed and that,
after a date specified therein, which will not be less than 30 days from the date of such
notification or publication, any unclaimed balance of such money then remaining will be repaid to
the Company.

Section 8.07 Reinstatement.

     If the Trustee or Paying Agent is unable to apply any U.S. dollars or non-callable Government
Securities in accordance with Section 8.02 or 8.03 hereof, as the case may be, by reason of any
order or judgment of any court or governmental authority enjoining, restraining or otherwise
prohibiting such application, then the Company’s and any applicable guarantors’ obligations under
this Indenture and the applicable Notes and the guarantees will be revived and reinstated as though
no deposit had occurred pursuant to Section 8.02 or 8.03 hereof until such time as the Trustee or
Paying Agent is permitted to apply all such money in accordance with Section 8.02 or 8.03 hereof,
as the case may be; provided, however, that, if the Company makes any payment of principal of,
premium, if any, or interest on, any Note following the reinstatement of its obligations, the
Company will be subrogated to the rights of the Holders of such Notes to receive such payment from
the money held by the Trustee or Paying Agent.

ARTICLE 9

AMENDMENT, SUPPLEMENT AND WAIVER

Section 9.01 Without Consent of Holders of Notes.

     Notwithstanding Section 9.02 of this Indenture, the Company and the Trustee may amend or
supplement this Indenture or the Notes of one or more Series without the consent of any Holder of
Note:

     (1) to cure any ambiguity, defect or inconsistency;

     (2) to provide for uncertificated Notes in addition to or in place of certificated
Notes;

     (3) to provide for the assumption of the Company’s obligations to the Holders of the
Notes by a successor to the Company pursuant to Article 5 hereof;

     (4) to make any change that would provide any additional rights or benefits to the
Holders of Notes or that does not adversely affect the legal rights hereunder of any Holder;

     (5) to comply with requirements of the SEC in order to effect or maintain the
qualification of this Indenture under the TIA;

     (6) to provide for the issuance of and establish the form and terms and conditions of
Notes of any Series as permitted by this Indenture; or

31

 

     (7) to evidence and provide for the acceptance of appointment hereunder by a successor
Trustee with respect to the Notes 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.

     Upon the request of the Company accompanied by a Board Resolution authorizing the execution of
any such amended or supplemental indenture, and upon receipt by the Trustee of the documents
described in Section 7.02 hereof, the Trustee will join with the Company in the execution of any
amended or supplemental indenture authorized or permitted by the terms of this Indenture and to
make any further appropriate agreements and stipulations that may be therein contained, but the
Trustee will not be obligated to enter into such amended or supplemental indenture that affects its
own rights, duties or immunities under this Indenture or otherwise.

Section 9.02 With Consent of Holders of Notes.

     The Company and the Trustee may enter into a supplemental indenture with the written consent
of the Holders of at least a majority in aggregate principal amount of the outstanding Notes of
each Series affected by such supplemental indenture (including consents obtained in connection with
a tender offer or exchange offer for the Notes of such Series), for the purpose of adding any
provisions to or changing in any manner or eliminating any of the provisions of this Indenture or
of any supplemental indenture or of modifying in any manner the rights of the Holders of Notes of
each such Series. Except as otherwise provided herein, the Holders of at least a majority in
aggregate principal amount of the outstanding Notes of each Series, by notice to the Trustee
(including consents obtained in connection with a tender offer or exchange offer for the Notes of
such Series) may waive compliance by the Company with any provision of this Indenture or the Notes
with respect to such Series.

     It shall not be necessary for the consent of the Holders of Notes under this Section 9.02 to
approve the particular form of any proposed supplemental indenture or waiver, but it shall be
sufficient if such consent approves the substance thereof. Upon the request of the Company
accompanied by a resolution of its Board of Directors authorizing the execution of any such amended
or supplemental indenture, and upon the filing with the Trustee of evidence satisfactory to the
Trustee of the consent of the Holders of Notes as aforesaid, and upon receipt by the Trustee of the
documents described in Section 7.02 hereof, the Trustee will join with the Company in the execution
of such amended or supplemental indenture unless such amended or supplemental indenture directly
affects the Trustee’s own rights, duties or immunities under this Indenture or otherwise, in which
case the Trustee may in its discretion, but will not be obligated to, enter into such amended or
supplemental Indenture.

     After a supplemental indenture or waiver under this section becomes effective, the Company
shall mail to the Holders of Notes affected thereby a notice briefly describing the supplemental
indenture or waiver. Any failure by the Company to mail such notice, or any defect therein, shall
not, however, in any way impair or affect the validity of any such supplemental indenture or
waiver. However, without the consent of each Holder affected, an amendment or waiver under this
Section 9.02 may not, with respect to any Notes held by a non-consenting Holder:

     (a) reduce the principal of or change the fixed maturity of any Note or alter or waive any of
the provisions with respect to the redemption or repurchase of the Notes;

     (b) reduce the rate (or alter the method of computation) of or extend the time for payment of
interest, including default interest, on any Note;

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     (c) waive a Default or Event of Default in the payment of principal of or premium, if any, or
interest on the Notes, except a rescission of acceleration of the Notes by the Holders of at least
a majority in aggregate principal amount of the then outstanding Notes and a waiver of the payment
default that resulted from such acceleration;

     (d) make the principal of or premium, if any or interest on any Note payable in currency other
than that stated in the Notes;

     (e) make any change in the provisions of this Indenture relating to waivers of past Defaults
or the rights of Holders of the Notes to receive payments of principal of or premium, interest, if
any, on the Notes and to institute suit for the enforcement of any such payments;

     (f) make any change in the foregoing amendment and waiver provisions; or

     (g) reduce the percentage in principal amount of any Notes, the consent of the Holders of
which is required for any of the foregoing modifications or otherwise necessary to modify or amend
the Indenture or to waive any past Defaults.

Section 9.03 Compliance with Trust Indenture Act.

     Every amendment to this Indenture or the Notes of one or more Series will be set forth in a
supplemental indenture hereto that complies with the TIA as then in effect.

Section 9.04 Revocation and Effect of Consents.

     Until an amendment or waiver becomes effective, a consent to it by a Holder of a Note is a
continuing consent by the Holder of a Note and every subsequent Holder of a Note or portion of a
Note that evidences the same debt as the consenting Holder’s Note, even if notation of the consent
is not made on any Note. However, any such Holder of a Note or subsequent Holder of a Note may
revoke the consent as to its Note if the Trustee receives written notice of revocation before the
date the amendment or waiver becomes effective. An amendment or waiver becomes effective in
accordance with its terms and thereafter binds every Holder.

Section 9.05 Notation on or Exchange of Notes.

     The Trustee may place an appropriate notation about an amendment or waiver on any Note of any
Series thereafter authenticated. The Company in exchange for Notes of that Series may issue and
the Trustee shall authenticate upon request new Notes of that Series that reflect the amendment or
waiver.

     Failure to make the appropriate notation or issue a new Note will not affect the validity and
effect of such amendment or waiver.

Section 9.06 Trustee to Sign Amendments, etc.

     In executing, or accepting the additional trusts created by, any supplemental indenture
permitted by this Article or the modifications thereby of the trusts created by this Indenture, the
Trustee shall be entitled to receive, and (subject to Section 7.01) 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. The Trustee shall sign all supplemental indentures,
except that the Trustee need not sign any supplemental indenture that adversely affects its rights.

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ARTICLE 10

SATISFACTION AND DISCHARGE

Section 10.01 Satisfaction and Discharge.

     This Indenture will be discharged and will cease to be of further effect as to a Series of
Notes issued hereunder, when:

     (a) either:

     (1) all such Notes that have been authenticated, except lost, stolen or destroyed Notes
that have been replaced or paid and Notes for whose payment money has theretofore been
deposited in trust and thereafter repaid to the Company, have been delivered to the Trustee
for cancellation; or

     (2) all such Notes that have not been delivered to the Trustee for cancellation have
become due and payable by reason of the mailing of a notice of redemption or otherwise or
will become due and payable within one year and the Company has irrevocably deposited or
caused to be deposited with the Trustee as trust funds in trust solely for the benefit of
the Holders of such Notes, cash in U.S. dollars, non-callable Government Securities, or a
combination thereof, in such amounts as will be sufficient, without consideration of any
reinvestment of interest, to pay and discharge the entire Indebtedness on the Notes not
delivered to the Trustee for cancellation for principal, premium, if any, and accrued
interest to the date of maturity or redemption;

     (b) no Default or Event of Default has occurred and is continuing on the date of such deposit
(other than a Default or Event of Default resulting from the borrowing of funds to be applied to
such deposit) and the deposit will not result in a breach or violation of, or constitute a default
under, any other instrument to which the Company or any guarantor, as applicable, is a party or by
which the Company, or any guarantor, as applicable, is bound;

     (c) the Company or any guarantor of such Notes has paid or caused to be paid all sums payable
by it under this Indenture; and

     (d) the Company has delivered irrevocable instructions to the Trustee under this Indenture to
apply the deposited money toward the payment of the Notes at maturity or on the redemption date, as
the case may be.

In addition, the Company must deliver an Officer’s Certificate and an Opinion of Counsel to the
Trustee stating that all conditions precedent to satisfaction and discharge have been satisfied.

     Notwithstanding the satisfaction and discharge of this Indenture, if money has been deposited
with the Trustee pursuant to subclause (2) of clause (a) of this Section 10.01, the provisions of
Sections 10.02 and 8.06 hereof will survive. In addition, nothing in this Section 10.01 will be
deemed to discharge those provisions of Section 7.07 hereof, that, by their terms, survive the
satisfaction and discharge of this Indenture.

Section 10.02 Application of Trust Money.

     Subject to the provisions of Section 8.06 hereof, all money deposited with the Trustee
pursuant to Section 10.01 hereof shall be held in trust and applied by it, in accordance with the
provisions of the Notes with respect to which such deposit was made and this Indenture, to the
payment, either directly or

34

 

through any Paying Agent (including the Company acting as its own
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; but
such money need not be segregated from other funds except to the extent required by law.

     If the Trustee or Paying Agent is unable to apply any money or Government Securities in
accordance with Section 10.01 hereof by reason of any legal proceeding or by reason of any order or
judgment of any court or governmental authority enjoining, restraining or otherwise prohibiting
such application, the Company’s and any applicable guarantor’s obligations under this Indenture and
the applicable Notes shall be revived and reinstated as though no deposit had occurred pursuant to
Section 10.01 hereof; provided that if the Company has made any payment of principal of, premium,
if any, or interest on, any Notes because of the reinstatement of its obligations, the Company
shall be subrogated to the rights of the Holders of such Notes to receive such payment from the
money or Government Securities held by the Trustee or Paying Agent.

ARTICLE 11

MISCELLANEOUS

Section 11.01 Trust Indenture Act Controls.

     If any provision of this Indenture limits, qualifies or conflicts with the duties imposed by
TIA §318(c), the imposed duties will control.

Section 11.02 Notices.

     Any notice or communication by the Company or the Trustee to the others is duly given if in
writing and delivered in Person or by first class mail (registered or certified, return receipt
requested), facsimile transmission or overnight air courier guaranteeing next day delivery, to the
others’ address:

     If to the Company:

Starbucks Corporation

2401 Utah Avenue South

Seattle, Washington 98134

Facsimile No.: 206-318-1045

Attention: Executive Vice President, General Counsel, and Secretary

       With a copy to:

DLA Piper US LLP

1251 Avenue of the Americas, 26th Floor

New York, New York 10020-1104

Facsimile No.: 212-884-8470

Attention: Christopher C. Paci, Esq.

If to the Trustee:

Deutsche Bank Trust Company Americas

60 Wall Street

Mailstop 2710

35

 

New York, New York 10005

Facsimile No.: 732-578-4635

Attention: Trust & Securities Services-Corporates Deal Manager

     The Company or the Trustee, by notice to the others, may designate additional or different
addresses for subsequent notices or communications.

     All notices and communications (other than those sent to Holders) will be deemed to have been
duly given: at the time delivered by hand, if personally delivered; five Business Days after being
deposited in the mail, postage prepaid, if mailed; when receipt acknowledged, if transmitted by
facsimile; and the next Business Day after timely delivery to the courier, if sent by overnight air
courier guaranteeing next day delivery.

     Any notice or communication to a Holder will be mailed by first class mail, certified or
registered, return receipt requested, or by overnight air courier guaranteeing next day delivery to
its
address shown on the register kept by the Registrar. Any notice or communication will also be
so mailed to any Person described in TIA § 313(c), to the extent required by the TIA. Failure to
mail a notice or communication to a Holder or any defect in it will not affect its sufficiency with
respect to other Holders.

     If a notice or communication is mailed in the manner provided above within the time
prescribed, it is duly given, whether or not the addressee receives it.

     If the Company mails a notice or communication to Holders, it will mail a copy to the Trustee
and each Agent at the same time.

Section 11.03 Communication by Holders of Notes with Other Holders of Notes.

     Holders may communicate pursuant to TIA § 312(b) with other Holders with respect to their
rights under this Indenture or the Notes. The Company, the Trustee, the Registrar and anyone else
shall have the protection of TIA § 312(c).

Section 11.04 Certificate and Opinion as to Conditions Precedent.

     Upon any request or application by the Company to the Trustee to take any action under this
Indenture, the Company shall furnish to the Trustee:

     (1) an Officer’s Certificate stating that, in the opinion of the signers, all
conditions precedent, if any, provided for in this Indenture relating to the proposed action
have been satisfied; and

     (2) an Opinion of Counsel stating that, in the opinion of such counsel, all such
conditions precedent and covenants have been satisfied.

Section 11.05 Statements Required in Certificate or Opinion.

     Each certificate or opinion with respect to compliance with a condition or covenant provided
for in this Indenture (other than a certificate provided pursuant to TIA § 314(a)(4)) must comply
with the provisions of TIA § 314(e) and must include:

     (1) a statement that the Person making such certificate or opinion has read such
covenant or condition;

36

 

       (2) a brief statement as to the nature and scope of the examination or investigation
upon which the statements or opinions contained in such certificate or opinion are based;

     (3) a statement that, in the opinion of such Person, he 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 satisfied; and

     (4) a statement as to whether or not, in the opinion of such Person, such condition or
covenant has been satisfied.

Section 11.06 Rules by Trustee and Agents.

     Holders may make reasonable rules for action by or at a meeting of Holders. The Registrar or
Paying Agent may make reasonable rules and set reasonable requirements for its functions.

Section 11.07 Calculation of Foreign Currency Amounts.

     The calculation of the U.S. dollar equivalent amount for any amount denominated in a foreign
currency shall be the noon buying rate in the City of New York as certified by the Federal Reserve
Bank of New York on the date on which such determination is required to be made or, if such day is
not a day on which such rate is published, the rate most recently published prior to such day.

Section 11.08 No Personal Liability of Directors, Officers, Employees and Stockholders.

     No past, present or future director, officer, employee, incorporator or stockholder of the
Company, as such, will have any liability for any obligations of the Company under the Notes, this
Indenture or for any claim based on, in respect of, or by reason of, such obligations or their
creation. Each Holder of Notes by accepting a Note waives and releases all such liability. The
waiver and release are part of the consideration for issuance of the Notes. The waiver may not be
effective to waive liabilities under the federal securities laws.

Section 11.09 Governing Law.

     THE INTERNAL LAW OF THE STATE OF NEW YORK WILL GOVERN AND BE USED TO CONSTRUE THIS INDENTURE,
THE NOTES, AND THE GUARANTEES, IF ANY, WITHOUT GIVING EFFECT TO APPLICABLE PRINCIPLES OF CONFLICTS
OF LAW TO THE EXTENT THAT THE APPLICATION OF THE LAWS OF ANOTHER JURISDICTION WOULD BE REQUIRED
THEREBY.

Section 11.10 No Adverse Interpretation of Other Agreements.

     This Indenture may not be used to interpret any other indenture, loan or debt agreement of the
Company or its Subsidiaries or of any other Person. Any such indenture, loan or debt agreement may
not be used to interpret this Indenture.

Section 11.11 Successors.

     All agreements of the Company in this Indenture and the Notes will bind its successors. All
agreements of the Trustee in this Indenture will bind its successors.

37

 

Section 11.12 Severability.

     In case any provision in this Indenture or in the Notes is invalid, illegal or unenforceable,
the validity, legality and enforceability of the remaining provisions will not in any way be
affected or impaired thereby.

Section 11.13 Counterpart Originals.

     The parties may sign any number of copies of this Indenture. Each signed copy will be an
original, but all of them together represent the same agreement.

Section 11.14 Table of Contents, Headings, etc.

     The Table of Contents, Cross-Reference Table and Headings of the Articles and Sections of this
Indenture have been inserted for convenience of reference only, are not to be considered a part of
this Indenture and will in no way modify or restrict any of the terms or provisions hereof.

Section 11.15 Waiver of Jury Trial

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

Section 11.16 Patriot Act Compliance

     The parties hereto acknowledge that in accordance with Section 326 of the USA Patriot Act the
Trustee, like all financial institutions and in order to help fight the funding of terrorism and
money laundering, is required to obtain, verify, and record information that identifies each
person or legal entity that establishes a relationship or opens an account, which information
includes the name, address, tax identification number and formation documents and other information
that will allow Trustee to identify the person or legal entity in
accordance with the USA Patriot Act.
The parties to this Agreement agree that they will provide the Trustee with such information in
order for the Trustee to satisfy the requirements of the USA Patriot Act.

[Signatures on following page]

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SIGNATURES

Dated as of August __, 2007

	 	 	 	 	 	 	 
	 	 	STARBUCKS CORPORATION	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

Name:
	 	 
	 

	 	 	 	Title:	 	 
	 
	 	 	 	 	 	 
	 	 	DEUTSCHE BANK TRUST COMPANY AMERICAS	 	 
	 
	 	 	 	 	 	 
	 	 	By: Deutsche Bank National Trust Company	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

Name:

Title:
	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

Name:

Title:
	 	 

H-1

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