Document:

EX-4.2

 EXHIBIT 4.2 

THIS AGREEMENT (hereinafter the “Agreement”) made on the 24th day of August, 2012. 

Between 

Tata Motors Limited, a Company incorporated under Indian Companies Act, 1913 and having its Registered Office at Bombay House, 24 Homi
Mody Street, Mumbai 400 001 (hereinafter called “the Company”, which expression shall unless repugnant to the context include its successors and assigns) of the One Part 

And 

Mr. Karl Jonathon Slym, aged 51 yrs., son of Mr. David James Slym, citizen of the United Kingdom (holding valid passport
No.761270658 and valid Directors Identification Number-01875188) of the Other Part. 
 WHEREAS the Board of Directors of
the Company (hereinafter called the “Board”) has on August 14, 2012 appointed Mr. Karl Slym as the Managing Director of the Company (hereinafter called “Mr. Slym” or the “Managing Director” as the case
may be) for a period of 5 years with effect from October 1, 2012 or such earlier date as may be decided internally between the Company and Mr. Slym (“Date of Appointment”) and Mr. Slym has agreed to serve the Company upon
the terms and conditions contained in the said resolution passed by the Board and in the agreement to be executed between the Company and the Managing Director, subject to the approval of the shareholders of the Company and the Central Government.
Any modifications and/ or conditions stipulated by the Shareholders / the Central Government in granting its approval to the appointment and remuneration of Mr. Slym shall be recorded by way of a supplementary agreement which will form part of
this Agreement. 
 AND WHEREAS the Parties hereto are desirous of entering into an agreement, being these presents, to record the
terms and conditions aforesaid. 
 NOW THESE PRESENTS WITNESSETH AND IT IS HEREBY AGREED as follows: 

 

	1.	Definitions and interpretation 

  

	1.1	Definitions 

  

	1.1.1	‘Act’ means the Companies Act, 1956, as amended, modified or re-enacted from time to time. 

 

	1.1.2	‘Confidential Information’ means information relating to the business, products, affairs and finances of the Company or any of its associated company
or subsidiary for the time being confidential to it or to them and trade secrets (including without limitation technical data and know-how) relating to the business of the Company or of any of its associated company or of any of its or their
suppliers, clients or customers. 

  

	1.1.3	‘Intellectual Property’ includes patents, trademarks whether registered or unregistered, registered or unregistered designs, utility models, copyrights
including design copyrights, applications for any of the foregoing and the right to apply for them in any part of the world, discoveries, creations, inventions or improvements upon or additions to an invention, Confidential Information, know-how and
any research effort relating to any of the above mentioned business, names whether registrable or not, moral rights and any similar rights in any country. 

  

	1.1.4	‘Parties’ means collectively the Company and the Managing Director and “Party” means individually each of the Parties.

  

	1.2	Interpretation 

 In this
Agreement, unless the context otherwise requires: 
  

	1.2.1	Any reference herein to any clause is to such Clause. The Recitals and Clauses to this Agreement including this Interpretation Clause shall be deemed to form part of
this Agreement; 

	1.2.2	The headings are inserted for convenience only and shall not affect the construction of this Agreement; 

 

	1.2.3	Words importing the singular include the plural and vice versa, and words importing a gender include each of the masculine, feminine and neuter gender;

  

	2.	Term and Termination 

  

	2.1	Subject as hereinafter provided, this Agreement shall remain in force for a period of five years from the Date of Appointment, unless terminated earlier.

  

	2.2	This Agreement may be terminated earlier by either Party by giving to the other Party six months’ notice of such termination or the Company paying six months’
remuneration in lieu of such notice. 

  

	3.	Duties and Powers 

  

	3.1	The Managing Director shall devote his whole time and attention to the business of the Company and carry out such duties as may be entrusted to him by the Board from
time to time and separately communicated to him. Subject to the superintendence, control and directions of the Board, the Managing Director be entrusted with substantial powers of management which are in connection with and in the best interest of
the business of Company and the business of any one or more of its associated companies and/ or subsidiaries, including performing duties as assigned by the Board from time to time by serving on the boards of such associated companies and/or
subsidiaries or any other executive body or any committee of such a company. 

  

	3.2	The Managing Director shall not exceed the powers so delegated by the Board pursuant to clause 3.1 above. 

 

	3.3	The Managing Director undertakes to employ the best of his skill and ability to make his utmost endeavors to promote the interests and welfare of the Company and to
conform to and comply with the directions and regulations of the Company and all such orders and directions as may be given to him from time to time by the Board. 

 

	3.4	Mr. Slym shall undertake his duties from the Company’s office located at Mumbai or at any other location in India as may be directed by the Board.

  

	4.	Remuneration 

  

	4.1	So long as the Managing Director performs his duties and conforms to the terms and conditions contained in this Agreement, he shall, subject to such approvals as may be
required, be entitled to rupee equivalent of the following remuneration at the applicable rate on the date of payment, subject to deduction at source of all applicable taxes in accordance with the laws for the time being in force:

  

	4.1.1	Salary: US$18,500 per month. 

  

	4.1.2	Benefits, Perquisites, Allowances: 

 In addition to the basic salary referred to in Clause 4.1.1 above, the Managing Director shall be entitled to: 
  

	4.1.2.1	Hardship Allowance of US$18,500 payable on a monthly basis. 

  

	4.1.2.2	Rent-free residential accommodation (furnished or otherwise) the Company bearing the cost of repairs, maintenance, society charges and utilities (e.g. gas, electricity
and water charges) for the said accommodation. 

  

	4.1.2.3	Guaranteed Bonus: Mr. Slym shall be entitled to a guaranteed joining bonus of US$750,000 payable along with his first months remuneration; as also a
guaranteed bonus of US$1,500,000 which would be payable as per the following schedule: 

 -     US$500,000 at the end of 12 months of joining 

-     US$500,000 at the end of 24 months of joining 

-     US$500,000 at the end of 36 months of joining 

 

	4.1.2.4	Hospitalization, Transport, Telecommunication and other facilities: 

  

	4.1.2.4.1	Hospitalization and major medical expenses for self, spouse and dependent (minor) children; 

 

	4.1.2.4.2	Two Cars, with driver provided, maintained by the Company for official and personal use; 

 

	4.1.2.4.3	Telecommunication facilities including broadband, internet and fax; 

  

	4.1.2.4.4	Relocation expenses as per Company’s policy; 

  

	4.1.2.4.5	Leave Travel Allowance to visit hometown, twice in a year for self and spouse and dependent (minor) children; and 

 

	4.1.2.4.6	Membership fee for any two clubs. 

  

	4.1.3	Commission: 

 Such
remuneration by way of commission in addition to the salary, perquisites and allowances payable, calculated with reference to the net profits of the Company in a particular financial year as may be determined by the Board of the Company at the end
of each financial year, subject to the overall ceilings stipulated in Sections 198 and 309 of the Act. 
  

	4.1.4	Incentive Remuneration: 

  

	4.1.4.1	Variable Incentive  

 The
specific amount of incentive remuneration payable to the Managing Director will be subject to a minimum of US$720,000 for a period of 12 (twelve) months. Whilst the minimum amount will be payable on a quarterly basis, any amount decided by the Board
over and above the minimum amount will be based on performance criteria and such other parameters as may be considered appropriate from time to time, as evaluated by the Board or a Committee thereof duly authorized in this behalf which will be
payable after the Annual Accounts have been approved. Parties agree that if the agreement stands terminated at any time during this period of 12 months then the Managing Director would only be entitled to the pro rated amount of the minimum
incentive compensation. 
  

	4.1.4.2	Discretionary Incentive 

In addition to the variable incentive discussed above, the Managing Director shall be entitled to a discretionary incentive of up to
US$4,56,000 per annum payable on a periodic basis. The discretionary incentive shall be payable at the sole discretion of the Board. 
  

	4.1.5	Statutory Contributions: 

The Company shall be responsible for making all statutory contributions (including provident fund and gratuity fund) as per the Rules. For
avoidance of doubt, it is clarified that, notwithstanding anything contained in the Rules, the Company will not be required to make any contributions towards superannuation fund or annuity fund. 

 

	4.1.6	Reimbursement towards Pension and retirement schemes: During the tenure of this agreement, Mr. Slym would be reimbursed an amount upto US$15,000 per month
towards any scheme of pension or retirement or otherwise incurred by him based on production of such documentation/evidence as may be required by the Company. 

 

	4.2	Minimum Remuneration: Notwithstanding anything to the contrary herein contained, where in any financial year during the currency of the tenure of the Managing
Director, the Company has no profits or its profits are inadequate, the Company will pay to the Managing Director remuneration by way of Salary, Benefits, Perquisites and Allowances, and Incentive Remuneration as specified above.

	4.3	Insurance: The Company shall keep and maintain the following insurance policies as per Company’s rules and policy, which is currently as follows:

  

	 	(i)	Directors and officers liability insurance policies. 

  

	 	(ii)	Accident Insurance Policy. 

  

	4.4	Leave: Mr. Slym shall be entitled to privilege, sick and casual leave in accordance with the terms of the Rules of the Company. Privilege leave earned but
not availed by Mr. Slym shall be encashable in accordance with the Rules in force at the Agreement Date. 

  

	5.	TAXES AND DEDUCTIONS 

  

	5.1	Taxes 

 If, and to the
extent that, Mr. Slym has received any amounts or benefits (including employee benefits), perquisites or similar items provided or to be provided under this Agreement that is determined by the applicable taxing authorities to constitute taxable
compensation, then Mr. Slym shall be solely responsible for the payment of any and all taxes imposed in respect thereof and shall not be entitled to reimbursement therefore from the Company or to any increase in the remuneration and benefits
hereunder by reason thereof. Further, Mr. Slym shall be solely responsible for payment of any and all taxes imposed in respect of any personal income received by Mr. Slym outside of this Agreement. Mr. Slym agrees and undertakes to
discharge any such tax liability promptly in accordance with Applicable Law and to indemnify the Company against any losses, liability or costs that the Company may incur due to the non-discharge of the same by Mr. Slym. 

 

	5.2	Deductions 

 In respect of
any remuneration to be provided by the Company to Mr. Slym pursuant to this Agreement, such remuneration by the Company shall be subject to any deductions and withholdings required under Applicable Law. The Company shall be solely responsible
for any such deductions and withholdings required of it under Applicable Law. 
  

	5.3	Subject to Clause 5.1 and 5.2 above, the Company shall at its cost arrange for such professional assistance in India as may be required by Mr. Slym for the
determination and discharge of Mr. Slym’s tax obligations. Mr. Slym agrees that he shall be solely responsible for filing the applicable tax returns within the time periods prescribed under Applicable Law and shall also be responsible
for any consequences for delays thereof. 

  

	6.	Variation 

 The terms and
conditions of the appointment of the Managing Director and / or this Agreement may be altered and varied from time to time by the Board as it may, in its discretion deem fit, irrespective of the limits stipulated under Schedule XIII to the Act or
any amendments made hereafter in this regard in such manner as may be agreed to between the Board and the Managing Director, subject to such approvals as may be required. 

 

	7.	Intellectual Property 

  

	7.1	The Parties acknowledge that the Managing Director may make, discover or create Intellectual Property (IP) in the course of his employment and agree that in this
respect the Managing Director has a special obligation to protect such IP and use them to further the interests of the Company. 

  

	7.2	Subject to the provisions of the laws relating to intellectual property for the time being in force in India, if at any time during his employment, the Managing
Director makes or discovers or participates in the making or discovery of any IP relating to or capable of being used in the business for the time being carried on by the Company or any of its subsidiaries or associated companies, full details of
the Intellectual Property shall immediately be communicated by him to the Company and such IP shall be the absolute property of the Company. At the request and expense of the Company, the Managing Director shall give and supply all such information,
data, drawings and assistance as may be required to enable the Company to exploit the IP to its best advantage and the Managing Director shall execute all documents and do all things which may be necessary or desirable for obtaining patent or other
protection for the Intellectual Property in such parts of the world as may be specified by the Company and for vesting the same in the Company or as it may direct. 

	7.3	The Managing Director hereby irrevocably appoints the Company as his attorney in his name and on his behalf to sign or execute any such instrument or do any such thing
and generally to use his name for the purpose of giving to the Company or its nominee the full advantage of the provisions of this clause and if in favour of any third Party, a certificate in writing signed by any director or the secretary of the
Company that any instrument or act falls within the authority conferred by this clause shall be conclusive evidence that such is the case. 

  

	7.4	If the IP is not the property of the Company, the Company shall, subject to the provisions of the applicable laws for the time being in force, have the right to acquire
for itself or its nominee, the Managing Director’s rights in the IP within 3 months after disclosure pursuant to Clause 7.2 above on fair and reasonable terms. 

 

	7.5	The rights and obligations under this clause shall continue in force after termination of the Agreement in respect of IP relating to the period of the Managing
Director’s employment under the Agreement and shall be binding upon his heirs and legal representatives. 

  

	8.	Confidentiality 

  

	8.1	The Managing Director is aware that in the course of his employment he will have access to and be entrusted with information in respect of the business and finances of
the Company including intellectual property, processes and product specifications, etc. and relating to its dealings, transactions and affairs and likewise in relation to its subsidiaries, associated companies, customers or clients all of which
information is or may be of a confidential nature. 

  

	8.2	The Managing Director shall not except in the proper course of performance of his duties during or at any time after the period of his employment or as may be required
by law divulge to any person whatever or otherwise make use of and shall use his best endeavours to prevent the publication or disclosure of any Confidential Information of the Company or any of its subsidiaries or associated companies or any of its
or their suppliers, agents, distributors or customers. 

  

	8.3	All notes, memoranda, documents and Confidential Information concerning the business of the Company and its subsidiaries or associated companies or any of its or their
suppliers, agents, distributors or customers which shall be acquired, received or made by the Managing Director during the course of his employment shall be the property of the Company and shall be surrendered by the Managing Director to the Company
upon the termination of his employment or at the request of the Board at any time during the course of his employment. 

  

	9.	Non-competition 

 The
Managing Director covenants with the Company that he will not, during the continuance of his employment with the Company, without the prior written consent of the Board, carry on or be engaged, directly or indirectly, either on his own behalf or on
behalf of any person, or as manager, agent, consultant or employee of any person, firm or company, in any activity or business, in India or overseas, which shall directly or indirectly be in competition with the business of the Company or its
subsidiaries or associated companies. 
  

	10.	Selling Agency 

 The
Managing Director, so long as he functions as such, undertakes not to become interested or otherwise concerned, directly or through his spouse and/ or children, in any selling agency of the Company. 

 

	11.	Tata Code of Conduct 

 The
provisions of the Tata Code of Conduct shall be deemed to have been incorporated into the Agreement by reference. The Managing Director shall during his term, abide by the provisions of the Tata Code of Conduct in spirit and in letter and commit to
assure its implementation. 
  

	12.	Personnel Policies 

 All
Personnel Policies of the Company and the related Rules which are applicable to other employees of the Company shall also be applicable to the Managing Director, unless specifically provided otherwise. 

	13.	Summary termination of employment 

  

	13.1	The employment of the Managing Director may be terminated by the Company without notice or payment in lieu of notice: 

 

	13.1.1	If the Managing Director is found guilty of any gross negligence, default or misconduct in connection with or affecting the business of the Company or any subsidiary or
associated company to which he is required by the Agreement to render services; or 

  

	13.1.2	In the event of any serious or repeated or continuing breach (after prior warning) or non-observance by the Managing Director of any of the stipulations contained in
the Agreement; or 

  

	13.1.3	In the event the Board expresses its loss of confidence in the Managing Director. 

 

	14.	Termination due to physical / mental incapacity 

 In the event the Managing Director is not in a position to discharge his official duties due to any physical or mental incapacity, the Board shall be entitled to terminate this contract on such terms as
the Board may consider appropriate in the circumstances. 
  

	15.	Resignation from directorships 

  

	15.1	Upon the termination by whatever means of his employment under the Agreement: 

 

	15.1.1	the Managing Director shall immediately tender his resignation from offices held by him in any subsidiaries and associated companies without claim for compensation for
loss of office and in the event of his failure to do so the Company is hereby irrevocably authorised to appoint some person in his name and on his behalf to sign and deliver such resignation or resignations to the Company and to each of the
subsidiaries and associated companies of which the Managing Director is at the material time a director or other officer. 

  

	15.1.2	the Managing Director shall not without the consent of the Company at any time thereafter represent himself as connected with the Company or any of the subsidiaries and
associated companies. 

  

	16.	Agreement co-terminus with employment / directorship 

  

	16.1	The Managing Director’s appointment shall be subject to the provisions of Section 283(1) (l) of the Act. 

 

	16.2	If and when this Agreement expires or is terminated for any reason whatsoever, Mr. Slym will cease to be the Managing Director and also cease to be a Director. If
at any time, the Managing Director ceases to be a Director of the Company for any reason whatsoever, he shall cease to be the Managing Director and this Agreement shall forthwith terminate. If at any time, the Managing Director ceases to be in the
employment of the Company for any reason whatsoever, he shall cease to be a Director and Managing Director of the Company. 

  

	17.	Notices 

 Notices may be
given by either Party by letter addressed to the other Party at, in the case of the Company, its registered office for the time being and in the case of the Managing Director his last known address and any notice given by letter shall be deemed to
have been given at the time at which the letter would be delivered in the ordinary course of post or if delivered by hand upon delivery and in proving service by post it shall be sufficient to prove that the notice was properly addressed and posted.

	18.	Miscellaneous 

  

	18.1	Governing Law 

 This
Agreement shall be governed by and construed in accordance with the laws of India. 
  

	18.2	Jurisdiction 

 The Parties
have agreed to the exclusive jurisdiction of the Indian courts. 
  

	18.3	Entire Agreement 

 This
Agreement contains the entire understanding between the Parties and supersedes all previous written or oral agreements, arrangements, representations, and understandings (if any) relating to the subject matter hereof. Parties confirm that they have
not entered into this Agreement upon the basis of any representations that are not expressly incorporated into this Agreement. Neither oral explanation nor oral information given by any Party shall alter or affect the interpretation of this
Agreement. 
  

	18.4	Waiver 

 A waiver by
either Party of a breach of provision(s) of this Agreement shall not constitute a general waiver, or prejudice the other Party’s right otherwise to demand strict compliance with that provision or any other provisions in this Agreement.

  

	18.5	Severability 

 Each term,
condition, covenant or provision of this Agreement shall be viewed as separate and distinct, and in the event that any such term, covenant or provision shall be held by a court of competent jurisdiction to be invalid, the remaining provisions shall
continue. 
  

	18.6	Counterparts 

 This
Agreement may be executed in one or more counterparts, each of which shall be deemed to be an original, but all of which shall constitute the same agreement. 
 IN WITNESS WHEREOF these presents have been executed by the Parties hereto on the day and year first above written. 
 The Common Seal of TATA MOTORS LIMITED was 
 hereunto affixed pursuant to the Resolution passed

 by the Board of Directors on August 14, 2012 
 in the presence of: 
 Mr. Ratan N Tata 

and Mr. Cyrus P Mistry 
 two Directors of
the Company. 
 Witnesses: 
 SIGNED,
SEALED AND DELIVERED 
 by the said Mr. Karl Slym 
 in the presence of: 
 Witnesses:EX-4.1

 Exhibit 4.1 
 HUNTINGTON BANCSHARES INCORPORATED 
 AND 

THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., 
 as Trustee 
 FIRST SUPPLEMENTAL INDENTURE 

Dated as of August 2, 2013 

 TABLE OF CONTENTS 

 

							
	 	  	 	  	Page	 
		
	Article 1 DEFINITIONS	  	 	1	  
			
	 Section 1.01
	  	Relation to Base Indenture	  	 	1	  
	 Section 1.02
	  	Definition of Terms	  	 	1	  
		
	Article 2 GENERAL TERMS AND CONDITIONS OF THE NOTES	  	 	2	  
			
	 Section 2.01
	  	Designation and Principal Amount	  	 	2	  
	 Section 2.02
	  	Maturity	  	 	2	  
	 Section 2.03
	  	Form, Payment and Appointment	  	 	2	  
	 Section 2.04
	  	Global Note	  	 	3	  
	 Section 2.05
	  	Interest	  	 	3	  
	 Section 2.06
	  	No Sinking Fund	  	 	4	  
		
	Article 3 REDEMPTION OF THE NOTES	  	 	4	  
			
	 Section 3.01
	  	Redemption	  	 	4	  
		
	Article 4 Consolidation, Merger, Conveyance, Transfer, or Lease	  	 	4	  
			
	 Section 4.01
	  	Merger	  	 	4	  
	 Section 4.02
	  	Sale or Issuance of Capital Stock of Principal Subsidiary Bank	  	 	4	  
		
	Article 5 EVENTS OF DEFAULT	  	 	5	  
			
	 Section 5.01
	  	Appointment of a Receiver	  	 	5	  
		
	Article 6 Certain covenants	  	 	6	  
			
	 Section 6.01
	  	Existence	  	 	6	  
		
	Article 7 FORM OF NOTES	  	 	6	  
			
	 Section 7.01
	  	Form of Notes	  	 	6	  
		
	Article 8 ISSUE OF NOTES	  	 	6	  
			
	 Section 8.01
	  	Original Issue of Notes	  	 	6	  
	 Section 8.02
	  	Further Issues of Notes	  	 	6	  
		
	Article 9 IMMUNITY OF STOCKHOLDERS, EMPLOYEES, AGENTS, OFFICERS AND DIRECTORS	  	 	7	  
			
	 Section 9.01
	  	Indenture and Notes Solely Corporate Obligations	  	 	7	  

  
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	 Article 10 MISCELLANEOUS
	  	 	7	  
			
	 Section 10.01
	  	Ratification of Indenture	  	 	7	  
	 Section 10.02
	  	Conflict	  	 	7	  
	 Section 10.03
	  	Trustee Not Responsible for Recitals	  	 	7	  
	 Section 10.04
	  	New York Law To Govern	  	 	7	  
	 Section 10.05
	  	Separability	  	 	7	  
	 Section 10.06
	  	Additional Trustee Provisions	  	 	8	  
	 Section 10.07
	  	Counterparts	  	 	9	  

  
 -ii-

 THIS FIRST SUPPLEMENTAL INDENTURE (this “First Supplemental Indenture”),
dated as of August 2, 2013, is between HUNTINGTON BANCSHARES INCORPORATED, a Maryland corporation (the “Company”), and THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A. (as successor trustee to JPMorgan Chase Bank, N.A.), a
national banking association, as Trustee (the “Trustee”). 
 RECITALS 

WHEREAS, the Company has heretofore executed and delivered a Senior Debt Indenture, dated as of December 29, 2005 (the
“Base Indenture”) providing for the issuance from time to time of series of the Company’s senior notes; 

WHEREAS, Section 9.1(7) of the Base Indenture provides for the Company and the Trustee to enter into an indenture
supplemental to the Base Indenture to establish the forms or terms of Securities of any series as permitted by Section 2.1 or Section 3.1 of the Base Indenture; 
 WHEREAS, pursuant to Section 3.1 of the Base Indenture, the Company wishes to provide for the issuance of $400,000,000 aggregate principal amount of a new series of Securities to be known as
its 2.60% Senior Notes due 2018 (the “Notes”), the form and terms of such Notes and the terms, provisions and conditions thereof to be set forth as provided in this First Supplemental Indenture; and 

WHEREAS, the Company has requested that the Trustee execute and deliver this First Supplemental Indenture and all requirements
necessary to make this First Supplemental Indenture a valid, binding and enforceable instrument in accordance with its terms, and to make the Notes, when executed by the Company and authenticated and delivered by the Trustee, the valid, binding and
enforceable obligations of the Company and the execution and delivery of this First Supplemental Indenture has been duly authorized in all respects. 
 NOW, THEREFORE, in consideration of the covenants and agreements set forth herein and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the
parties hereto hereby agree as follows: 
 ARTICLE 1 

DEFINITIONS 
 Section 1.01 Relation to Base Indenture. This First Supplemental Indenture constitutes an integral part of the Base Indenture. 

Section 1.02 Definition of Terms. For all purposes of this First Supplemental Indenture: 

(a) Capitalized terms used herein without definition shall have the meanings set forth in the Base Indenture; 

(b) a term defined anywhere in this First Supplemental Indenture has the same meaning throughout; 

 (c) the singular includes the plural and vice versa; 

(d) headings are for convenience of reference only and do not affect interpretation; 

(e) unless otherwise specified or unless the context requires otherwise, (i) all references in this First
Supplemental Indenture to Sections refer to the corresponding Sections of this First Supplemental Indenture and (ii) the terms “herein”, “hereof”, “hereunder” and any other word of similar import refer to this
First Supplemental Indenture; and 
 (f) the following terms have the meanings given to them in this
Section 1.02(f): 
 “DTC” shall have the meaning set forth in Section 2.03. 

“Global Note” shall have the meaning set forth in Section 2.04. 

“Interest Payment Date” shall have the meaning set forth in Section 2.05(b). 

“Maturity Date” shall have the meaning set forth in Section 2.02. 

“Record Date” shall mean, with respect to any Interest Payment Date for the Notes, the eighteenth day, whether or not a
Business Day, of the calendar month immediately preceding the month in which such Interest Payment Date falls. 
 The terms
“Company,” “Trustee,” “Base Indenture,” and “Notes” shall have the respective meanings set forth in the recitals to this First Supplemental Indenture and the paragraph preceding
such recitals. 
 ARTICLE 2 
 GENERAL TERMS AND CONDITIONS OF THE NOTES 
 Section 2.01
Designation and Principal Amount. The Notes may be issued from time to time upon written order of the Company for the authentication and delivery of Notes pursuant to Section 3.3 of the Base Indenture. There is hereby authorized a series
of Securities designated as the 2.60% Senior Notes due 2018 having an initial aggregate principal amount of $400,000,000. 

Section 2.02 Maturity. The date upon which the Notes shall become due and payable at final maturity, together with any
accrued and unpaid interest, is August 2, 2018 (the “Maturity Date”). 
 Section 2.03 Form,
Payment and Appointment. Except as provided in the last three paragraphs of Section 3.5 of the Base Indenture, the Notes will be issued only in book-entry form. Principal of and interest on the Notes will be payable in global form
registered in the name of or held by The Depository Trust Company (“DTC”) or its nominee in immediately available funds to DTC or its nominee, as the case may be, as the registered holder of such

  
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Global Note (as hereafter defined). The principal of any certificated Notes will be payable at the office or agency of the Company maintained for such purpose in the Borough of Manhattan, New
York City, New York, which shall initially be the principal office of the Trustee in the Borough of Manhattan, the City of New York; provided, however, that payment of interest may be made at the option of the Company by check mailed
to the Person entitled thereto at such address as shall appear in the Security Register or by wire transfer to an account appropriately designated by the Person entitled to payment; provided that the paying agent shall have received written
notice of such account designation at least five Business Days prior to the date of such payment (subject to surrender of the relevant Note in the case of a payment of interest on the Maturity Date). 

The Security Registrar, Authenticating Agent and Paying Agent for the Notes shall initially be the Trustee. 

The Notes will be issuable and may be transferred only in denominations of $2,000 or any amount in excess thereof that is an integral
multiple of $1,000. The specified currency of the Notes shall be U.S. Dollars. 
 Section 2.04 Global Note. The
Notes shall be issued initially in the form of one or more fully registered global notes (each such global note, a “Global Note”) deposited with DTC or its designated custodian or such other Depositary as any officer of the Company
may from time to time designate. Unless and until a Global Note is exchanged for Notes in certificated form, such Global Note may be transferred, in whole but not in part, and any payments on the Notes shall be made, only to DTC or a nominee of DTC,
or to a successor Depositary selected or approved by the Company or to a nominee of such successor Depositary. 

Section 2.05 Interest. (a) Interest payable on any Interest Payment Date or the Maturity Date with respect to the Notes
shall be the amount of interest accrued from, and including, the immediately preceding Interest Payment Date in respect of which interest has been paid or duly provided for (or from and including the original issue date of August 2, 2013, if no
interest has been paid or duly provided for with respect to the Notes) to, but excluding, such Interest Payment Date or Maturity Date as the case may be (each, an “Interest Period”). 

(b) The Notes will bear interest at the rate of 2.60% per annum from August 2, 2013 until the principal of the
Notes has been paid in full or a sum sufficient to pay the principal of the Notes has been made available for payment. Interest on the Notes shall be payable semi-annually in arrears on February 2 and August 2 of each year (each, an
“Interest Payment Date”), commencing February 2, 2014, to the Persons in whose names the relevant Notes are registered at the close of business on the Record Date for such Interest Payment Date, except as provided in
Section 2.05(c). 
 (c) The amount of interest payable for any Interest Period will be computed on the basis
of a 360-day year consisting of twelve 30-day months. In the event that any scheduled Interest Payment Date for the Notes falls on a day that is not a Business Day, then payment of interest payable on such Interest Payment Date will be postponed to
the next succeeding day which is a Business Day (and no interest on such payment will accrue for the period from and after such scheduled Interest Payment Date). 

(d) In the event that the Maturity Date for any Note falls on a day that is not a Business Day, then the related payments
of principal, premium, if any, and interest may be made on the next succeeding day that is a Business Day (and no additional interest will accumulate on the amount payable for the period from and after the Maturity Date). Interest due on the
Maturity Date (whether or not an Interest Payment Date) of any Notes will be paid to the Person to whom principal of such Notes is payable. 

  
 -3-

 Section 2.06 No Sinking Fund. The Notes are not entitled to the benefit of any
sinking fund. 
 ARTICLE 3 
 REDEMPTION OF THE NOTES 
 Section 3.01 Redemption. The Notes
are not subject to redemption at the option of the Company at any time prior to July 2, 2018. The Notes are subject to redemption at the option of the Company, in whole or in part, at any time or from time to time, on or after July 2, 2018
at an aggregate Redemption Price equal to 100% of the principal amount of the Notes being redeemed and any accrued and unpaid interest to the Redemption Date (subject to the rights of holders of record on the relevant Regular Record Date that is on
or prior to the Redemption Date to receive interest due on the relevant Interest Payment Date), in accordance with Article Eleven of the Base Indenture. 
 ARTICLE 4 
 CONSOLIDATION, MERGER, CONVEYANCE, TRANSFER, OR LEASE

 Section 4.01 Merger. In addition to the requirements set forth in Section 8.1 of the Base Indenture, the
Company shall not consolidate with or merge into any other Person or convey, transfer, or lease its properties and assets substantially as an entirety to any Person, and the Company shall not permit any Person to consolidate with or merge into the
Company or convey, transfer, or lease its properties and assets substantially as an entirety to the Company if, as a result of any such consolidation or merger or such conveyance, transfer or lease, properties or assets of the Company would become
subject to a mortgage, pledge, lien, security interest or other encumbrance which would not be permitted by this Indenture, unless the Company or such successor Person, as the case may be, shall take such steps as shall be necessary effectively to
secure the Securities equally and ratably with (or prior to) all indebtedness secured thereby. 
 Section 4.02 Sale or
Issuance of Capital Stock of Principal Subsidiary Bank. Except as otherwise provided herein or in Article VIII of the Indenture, the Company shall not, directly or indirectly: (a) sell, assign, pledge, transfer or otherwise dispose of, or
permit to be issued, any shares of Capital Stock (as defined herein) of a Principal Subsidiary Bank (as defined herein) or any securities convertible into or rights to subscribe to such Capital Stock, unless, after giving effect to (i) such
sale, pledge, assignment, transfer, disposition or issuance, and (ii) the conversion of such securities into, or exercise of such rights with respect to, such Capital Stock, the Company will own, directly or indirectly, at least 80% of the
outstanding shares of Capital Stock of each class of Capital Stock of such Principal Subsidiary Bank; or (b) pay any dividend in Capital Stock of a Principal Subsidiary Bank or make any other distribution in Capital Stock of a Principal
Subsidiary Bank, unless the Principal Subsidiary Bank to which the transaction 

  
 -4-

 
relates, after obtaining any necessary regulatory approvals, unconditionally guarantees payment of the principal and any premium and interest on the Securities; provided, however, the
foregoing shall not prohibit any of the following: (1) any dispositions made by the Company or any Principal Subsidiary Bank of the Company (A) acting in a fiduciary capacity for any Person other than the Company or any Principal
Subsidiary Bank of the Company or (B) to the Company or any Wholly-owned Subsidiary; (2) the merger or consolidation of a Principal Subsidiary Bank with and into another Principal Subsidiary Bank; (3) the sale, assignment, pledge,
transfer or other dispositions of shares of Voting Stock of a Principal Subsidiary Bank made by the Company or any Subsidiary of the Company if: (A) the sale, assignment, pledge, transfer or other disposition is made, in the minimum amount
required by law, to any Person for the purpose of the qualification of such Person to serve as a director; or (B) the sale, assignment, pledge, transfer or other disposition is made in compliance with an order of a court or regulatory authority
of competent jurisdiction or as a condition imposed by any such court or regulatory authority to the acquisition by the Company or any Principal Subsidiary Bank of the Company, directly or indirectly, of any other Person; or (C) the sale,
assignment, pledge, transfer or other disposition of Voting Stock or any other securities convertible into or rights to subscribe to Voting Stock of a Principal Subsidiary Bank, so long as: (i) any such transaction is made for fair market value
as determined by the Board of Directors or the board of directors of the Principal Subsidiary Bank of the Company disposing of such Voting Stock or other securities or rights, and (ii) after giving effect to such transaction and to any
potential dilution, the Company and its Wholly-owned Subsidiaries will own, directly or indirectly, at least 80% of the Voting Stock of such Principal Subsidiary Bank; (4) any Principal Subsidiary Bank from selling additional shares of Voting
Stock to its shareholders at any price, so long as immediately after such sale, the Company owns, directly or indirectly, at least as great a percentage of the Voting Stock of such Principal Subsidiary Bank as the Company owned prior to such sale of
additional shares; or (5) a pledge made or a lien created to secure loans or other extensions of credit by a Principal Subsidiary Bank subject to Section 23A of the Federal Reserve Act. As used herein, “Capital Stock” shall mean
any shares, interests, rights to purchase, warrants, options, participations or other equivalents of or interests in (however designated) the equity of such Person, including any preferred stock, but excluding any debt securities convertible into
such equity, and “Principal Bank Subsidiary” shall mean any subsidiary of the Company that is a bank or trust company organized and doing business under any state or federal law, the consolidated assets of which constitute 50% or more of
the consolidated assets of the Company. 
 ARTICLE 5 

EVENTS OF DEFAULT 
 Section 5.01 Appointment of a Receiver. In addition to the Events of Default set forth in Section 5.1 of the Base Indenture, an Event of Default shall occur with respect to the Notes, in
the event (i) a receiver, conservator or similar official is appointed for the Company’s principal banking subsidiary (which, for the avoidance of doubt, as of the date hereof, is The Huntington National Bank) or (ii) a default under a
bond, debenture, note or other evidence of indebtedness for money borrowed by the Company that has a principal amount outstanding that is more than $50 million (other than non-recourse indebtedness) under the terms of the instrument under which the
indebtedness is issued or secured, which default has caused the indebtedness to become due and payable earlier than it would 

  
 -5-

 
otherwise have become due and payable, and the acceleration has not been rescinded or annulled, or the indebtedness is discharged, or there is deposited in trust enough money to discharge the
indebtedness, and continuance of such default or breach for a period of 30 days after there has been given, by registered or certified mail, to the Company by the Trustee or to the Company and the Trustee by the Holders of at least 25% in principal
amount of the Notes a written notice specifying such default or breach and requiring it to be remedied and stating that such notice is a “Notice of Default” under this Indenture. Such Event of Default shall be treated for all purposes
under the Indenture as if it were an Event of Default under Section 5.1(1) of the Base Indenture. 
 ARTICLE 6

 CERTAIN COVENANTS 
 Section 6.01 Existence. Section 10.5 of the Indenture is hereby deleted in its entirety. 
 ARTICLE 7 
 FORM OF NOTES 

Section 7.01 Form of Notes. The Notes and the Trustee’s Certificate of Authentication to be endorsed thereon are to be
substantially in the forms attached as Exhibit A hereto, with such changes therein as the officers of the Company executing the Notes (by manual or facsimile signature) may approve, such approval to be conclusively evidenced by their execution
thereof. 
 ARTICLE 8 
 ISSUE OF NOTES 
 Section 8.01 Original Issue of Notes. Notes
having an aggregate principal amount of $400,000,000 may from time to time, upon execution of this First Supplemental Indenture, be executed by the Company and delivered to the Trustee for authentication, and the Trustee shall thereupon authenticate
and deliver said Notes to or upon the written order of the Company pursuant to Section 3.3 of the Base Indenture without any further action by the Company (other than as required by the Base Indenture). 

Section 8.02 Further Issues of Notes. The Company may from time to time, without notice to or the consent of the holders of
the Notes, create and issue further notes ranking pari passu with the Notes and with identical terms in all respects (or in all respects except for the offering price, the payment of interest accruing prior to the issue date of such further
notes or except for the first payment of interest following the issue date of such further notes) in order that such further notes may be consolidated and form a single series with the Notes and have the same terms as to status, redemption or
otherwise as the Notes. 

  
 -6-

 ARTICLE 9 
 IMMUNITY OF STOCKHOLDERS, 
 EMPLOYEES, AGENTS, OFFICERS AND DIRECTORS

 Section 9.01 Indenture and Notes Solely Corporate Obligations. No recourse for the payment of the principal
of or interest on any Note, or for any claim based thereon or otherwise in respect thereof, shall be had against any stockholder, employee, agent, officer or director, as such, past, present or future, of the Company or of any successor corporation;
it being expressly understood that all such liability is hereby expressly waived and released as a condition of, and as a consideration for, the execution of this Indenture and the issue of the Notes. 

ARTICLE 10 

MISCELLANEOUS 
 Section 10.01 Ratification of Indenture. The Base Indenture, as supplemented by this First Supplemental Indenture, is in all respects ratified and confirmed, and this First Supplemental
Indenture shall be deemed part of the Base Indenture in the manner and to the extent herein and therein provided. 

Section 10.02 Conflict. If any provision hereof limits, qualifies or conflicts with another provision hereof which is
required to be included in this First Supplemental Indenture by any of the provisions of the Trust Indenture Act of 1939, as amended, such required provision shall control. 
 Section 10.03 Trustee Not Responsible for Recitals. The recitals herein contained are made by the Company and not by the Trustee, and the Trustee assumes no responsibility for the correctness
thereof. The Trustee makes no representation as to the validity or sufficiency of this First Supplemental Indenture. 

Section 10.04 New York Law To Govern. THIS FIRST SUPPLEMENTAL INDENTURE AND EACH NOTE SHALL BE DEEMED TO BE A CONTRACT MADE
UNDER THE LAWS OF THE STATE OF NEW YORK, AND FOR ALL PURPOSES SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF SAID STATE. EACH OF THE PARTIES HERETO IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY AND ALL
RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING AMONG THE PARTIES HERETO ARISING OUT OF OR RELATING TO THIS INDENTURE, THE NOTES OR THE TRANSACTION CONTEMPLATED HEREBY OR THEREBY. 

Section 10.05 Separability. In case any one or more of the provisions contained in this First Supplemental Indenture or in
the Notes shall for any reason be held to be invalid, illegal or unenforceable in any respect, then, to the extent permitted by law, such invalidity, illegality or unenforceability shall not affect any other provisions of this First Supplemental
Indenture or of the Notes, but this First Supplemental Indenture and the Notes shall be construed as if such invalid or illegal or unenforceable provision had never been contained herein or therein. 

  
 -7-

 Section 10.06 Additional Trustee Provisions. 

(a) Delivery to the Trustee of any reports, information and documents pursuant to the Base Indenture is for informational
purposes only and the Trustee’s receipt of such reports, information and documents shall not constitute actual or constructive notice or knowledge of any information contained therein or determinable from information contained therein including
the compliance of the Company with any of its covenants in the Base Indenture and this First Supplemental Indenture (as to which the Trustee is entitled to rely exclusively on Officer’s Certificates). 

(b) The Trustee shall not be responsible or liable for any failure or delay in the performance of its obligations under
the Base Indenture and this First Supplemental Indenture arising out of or caused, directly or indirectly, by circumstances beyond its reasonable control, including without limitation, acts of God; earthquakes; fires; floods; wars; civil or military
disturbances; sabotage; epidemics; riots; interruptions, loss or malfunctions of utilities, computer (hardware or software) or communications service; accidents; labor disputes; acts of civil or military authority or governmental actions; it being
understood that the Trustee shall use its best efforts to resume performance as soon as practicable under the circumstances. 
 (c) The Trustee may request that the Company deliver an officers’ certificate setting forth the names of individuals and/or titles of officers authorized at such time to take specified actions
pursuant to the Base Indenture and this First Supplemental Indenture, which Officer’s Certificate may be signed by any person authorized to sign an Officer’s Certificate, including any person specified as so authorized in any such
certificate previously delivered and not superseded. 
 (d) In no event shall the Trustee be liable for special,
indirect, punitive, or consequential loss or damages whatsoever (including, but not limited to lost profits), even if the Trustee has been advised of the likelihood of such damage and regardless of the form of action taken. 

(e) The Trustee agrees to accept and act upon instructions or directions pursuant to this Indenture sent by unsecured
e-mail, pdf, facsimile transmission or other similar unsecured electronic methods, provided, however, that the Trustee shall have received an incumbency certificate listing persons designated to give such instructions or directions and containing
specimen signatures of such designated persons, which such incumbency certificate shall be amended and replaced whenever a person is to be added or deleted from the listing. If the Company elects to give the Trustee e-mail or facsimile instructions
(or instructions by a similar electronic method) and the Trustee in its discretion elects to act upon such instructions, the Trustee’s understanding of such instructions shall be deemed controlling. The Trustee shall not be liable for any
losses, costs or expenses arising directly or indirectly from the Trustee’s reliance upon and compliance with such instructions notwithstanding that such instructions conflict or are inconsistent with a subsequent written instruction. The
Company agrees to assume all risks arising out of the use of such electronic methods to submit instructions and directions to the Trustee, including without limitation the risk of the Trustee acting on unauthorized instructions, and the risk or
interception and misuse by third parties. 

  
 -8-

 Section 10.07 Counterparts. This First Supplemental Indenture may be executed in
any number of counterparts each of which shall be an original, but such counterparts shall together constitute but one and the same instrument. 
 [REMAINDER OF PAGE LEFT INTENTIONALLY BLANK.] 

  
 -9-

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

					
	HUNTINGTON BANCSHARES INCORPORATED
		
	By:	 	 /s/ David S. Anderson

		 	Name:	 	David S. Anderson
		 	Title:	 	Executive Vice President, Interim
		 		 	Chief Financial Officer and Controller
		 		 	(Principal Financial Officer)

  

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

	
	as Trustee
		
	By:	 	 /s/ Melonee Young

		 	Name:	 	Melonee Young
		 	Title:	 	Vice President

 [Signature Page to First Supplemental Indenture] 

  
 -10-

 EXHIBIT A 
 THIS NOTE IS AN UNSECURED DEBT OBLIGATION OF THE COMPANY. THIS SECURITY IS NOT A DEPOSIT OR SAVINGS ACCOUNT AND IS NOT INSURED BY THE FEDERAL DEPOSIT INSURANCE CORPORATION OR ANY OTHER GOVERNMENTAL AGENCY
OR INSTRUMENTALITY. 
 THIS NOTE IS A SECURITY IN GLOBAL FORM (“GLOBAL SECURITY”) WITHIN THE MEANING OF THE INDENTURE
HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF THE DEPOSITORY OR A NOMINEE OF THE DEPOSITORY OR A SUCESSOR DEPOSITORY, WHICH MAY BE TREATED BY THE COMPANY, THE TRUSTEE AND ANY AGENT THEREOF AS OWNER AND HOLDER OF THIS NOTE FOR ALL
PURPOSES. THIS NOTE IS NOT EXCHANGEABLE FOR NOTES REGISTERED IN THE NAME OF A PERSON OTHER THAN THE DTC OR ITS NOMINEE EXCEPT IN THE LIMITED CIRCUMSTANCES DESCRIBED HEREIN AND IN THE INDENTURE, AND NO TRANSFER OF THIS NOTE (OTHER THAN A TRANSFER OF
THIS NOTE AS A WHOLE BY THE DTC TO A NOMINEE OF THE DTC OR BY A NOMINEE OF THE DTC TO THE DTC OR ANOTHER NOMINEE OF THE DTC) MAY BE REGISTERED EXCEPT IN THE LIMITED CIRCUMSTANCES DESCRIBED HEREIN AND IN THE INDENTURE. 

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

  
 1 

 HUNTINGTON BANCSHARES INCORPORATED 

2.60% SENIOR NOTES DUE 2018 
  

			
	Registered	  	
	No. 1	  	U.S.$ 400,000,000

 CUSIP NO. 446150AH7. 
 ISIN NO. US446150AH79. 
 HUNTINGTON BANCSHARES INCORPORATED, a Maryland
corporation (herein called the “Company”, which term includes any successor Person under the Indenture referred to on the reverse hereof), for value received, hereby promises to pay to Cede & Co., or its registered assigns, the
principal sum of four hundred million United States dollars on August 2, 2018 and all accrued and unpaid interest thereon on August 2, 2018, or if such day is not a Business Day, the following Business Day. The Company further promises to
pay interest on said principal sum from and including August 2, 2013, or from the most recent Interest Payment Date (as defined below) to which interest has been paid or duly provided for, semiannually in arrears on February 2 and
August 2 in each year (each an “Interest Payment Date”), commencing February 2, 2014 at the rate of 2.60% per annum, computed for any full semiannual period on the basis of a 360-day year of twelve 30-day months and computed
for any partial semiannual period on the actual days elapsed during such period, until the principal hereof is due, and at the rate of 2.60% per annum on any overdue principal amounts, and, to the extent permitted by law, on any overdue
interest. 
 The interest so payable, and punctually paid or duly provided for, on any Interest Payment Date will, as provided
in the Indenture, be paid to the Person in whose name this Note (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date (defined below) for such interest, which shall be the January 18th or
July 18th, as the case may be, of each year (whether or not a Business Day) (each such date, a “Regular Record Date”). Interest on the Outstanding Notes payable at maturity will be payable to the persons to whom principal is payable
next preceding such Interest Payment Date. In any case where such Interest Payment Date shall not be a Business Day, then (notwithstanding any other provision of the Indenture) payment of such interest need not be made on such date, but may be made
on the next succeeding Business Day with the same force and effect as if made on such Interest Payment Date, and, if such payment is so made, no interest shall accrue on such payment for the period from and after such Interest Payment Date. Except
as otherwise provided in the Indenture, any such interest not so punctually paid or duly provided for will forthwith cease to be payable to the Holder on such Regular Record Date and may either be paid to the Person in whose name this Note (or one
or more Predecessor Securities) is registered at the close of business on a Special Record Date for the payment of such Defaulted Interest to be fixed by the Trustee, notice thereof shall be given to Holders of Notes not less than 10 days prior to
the Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any automated quotation system or securities exchange on which the Notes may be quoted or listed, and upon such notice as may be
required by such system or exchange, all as more fully provided in the Indenture. 

 All terms used in this Security which are defined in the Indenture and not otherwise defined
herein shall have the meanings assigned to them in the Indenture. 
 Payment of principal and interest shall be made at the
Corporate Trust Office of the Trustee, or at such other office or agency of the Company as may be designated by the Company for such purpose in the Borough of Manhattan, The City of New York , in such coin or currency of the United States of America
as at the time of payment is legal tender for the payment of public and private debts, by Dollar check drawn on, or transfer to, a Dollar account. Payments of interest on this Note may be made by Dollar check, drawn on a Dollar account, mailed to
the address of the Person entitled thereto as such address shall appear in the Security Register, or, upon written application by the Holder to the Security Registrar setting forth wire instructions not later than the relevant Record Date, by
transfer to a Dollar account. 
 Except as specifically provided herein and in the Indenture, the Company shall not be required
to make any payment with respect to any tax, assessment or other governmental charge imposed by any government or any political subdivision or taxing authority thereof or therein. 

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

 Unless the certificate of authentication hereon has been executed by the Trustee referred to
on the reverse hereof or an Authenticating Agent by the manual signature of one of their respective authorized signatories, this Note shall not be entitled to any benefit under the Indenture or the First Supplemental Indenture or be valid or
obligatory for any purpose. 
 IN WITNESS WHEREOF, the Company has caused this Note to be duly executed and delivered under its
corporate seal. 
 [Signature Page Follows] 

  
 2 

 
			
	 HUNTINGTON BANCSHARES INCORPORATED

		
	By:	 	
	Name:	 	
	Title:	 	

 [Corporate Seal] 

					
	Attest:	 	
		 	Name:	 	
		 	Title:	 	
	Dated:	 	

 (Trustee’s Certificate of Authentication) 

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

 

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

				
	Dated:	 		 	By:	 	
		 		 		 	Authorized Signatory

  
 A-1

 [FORM OF REVERSE SIDE OF THE NOTE] 

This Note is one of a duly authorized issue of senior debt securities of the Company designated as its “2.60% Senior Notes due
2018” (the “Notes”), initially limited in aggregate principal amount to U.S. $400,000,000 issued and to be issued under an Indenture, dated as of December 29, 2005 (herein called the “Base Indenture”), between the
Company and The Bank of New York Mellon Trust Company, N.A., as Trustee (the “Trustee”, which term includes any successor trustee under the Base Indenture), as amended and supplemented by the First Supplemental Indenture, dated as of
August 2, 2013 between the Company and the Trustee (the “Supplemental Indenture”; the Base Indenture, as amended and supplemented by the Supplemental Indenture, the “Indenture”), to which Indenture and all indentures
supplemental thereto reference is hereby made for a statement of the respective rights, limitations of rights, duties and immunities thereunder of the Company, the Trustee and the Holders of the Notes and of the terms upon which the Notes are, and
are to be, authenticated and delivered. As provided in the Indenture and subject to certain limitations therein set forth, Notes are exchangeable for a like aggregate principal amount of Notes of any authorized denominations as requested by the
Holder surrendering the same upon surrender of the Note or Notes to be exchanged, at the Corporate Trust Office of the Trustee. The Trustee upon such surrender by the Holder will issue the new Notes in the requested denominations. 

No sinking fund is provided with respect to the Notes. The Notes are not subject to redemption at the option of the Company at any time
prior to July 2, 2018. The Notes are subject to redemption at the option of the Company, in whole or in part, at any time or from time to time, on or after July 2, 2018 at an aggregate Redemption Price equal to 100% of the principal amount
of the Notes being redeemed and any accrued and unpaid interest to the Redemption Date (subject to the rights of holders of record on the relevant Regular Record Date that is on or prior to the Redemption Date to receive interest due on the relevant
Interest Payment Date). The Notes will not be subject to redemption or repayment at the option of any Holder at any time prior to the Stated Maturity. 
 The Notes are unsecured and rank equally with all of the Company’s other unsecured and unsubordinated indebtedness. 
 The Notes are issuable only in registered form without coupons in denominations of $2,000 and integral multiples of $1,000 in excess thereof. 

The Company may, without consent of the holders of the Notes, increase the principal amount of the Notes by issuing additional securities
in the future on the same terms and conditions as the Notes, except for any difference in the issue price and interest accrued prior to the date of issuance of the additional securities, and with the same CUSIP number as the Notes. The Notes and any
additional Notes issued by the Company would rank equally and ratably and would be treated as a single series for all purposes under the Indenture. 
 In any case where the due date for the payment of the principal of or interest on any Note at any Place of Payment, as the case may be, is not a Business Day, then payment of principal or interest need
not be made on or by such date at such place but may be made on or by the next succeeding Business Day, with the same force and effect as if made on the date for such payment, and no interest shall accrue on the amount so payable for the period
after such date. 

  
 A-2

 If an Event of Default shall occur and be continuing, the principal of all the Notes,
together with accrued interest to the date of declaration, may be declared due and payable in the manner and with the effect provided in the Indenture. 
 The Indenture permits, with certain exceptions as therein provided, the amendment thereof and the modification of the rights and obligations of the Company and the rights of the Holders of the Notes under
the Indenture at any time by the Company and the Trustee with the written consent of the Holders of not less than a majority in principal amount of the Notes at the time Outstanding. The Indenture also contains provisions permitting the Holders of
specified percentages in principal amount of the Notes at the time Outstanding, on behalf of the Holders of all the Notes, to waive compliance by the Company with certain provisions of the Indenture and certain past defaults under the Indenture and
their consequences. Any such consent or waiver by the Holder of this Note shall be conclusive and binding upon such Holder and upon all future Holders of this Note and of any Note issued in exchange herefor or in lieu hereof whether or not notation
of such consent or waiver is made upon this Note or such other Note. 
 As provided in and subject to the provisions of the
Indenture, the Holder of this Note shall not have the right to institute any proceeding with respect to the Indenture or for the appointment of a receiver or trustee or for any other remedy thereunder, unless such Holder shall have previously given
the Trustee written notice of a continuing Event of Default, the Holders of not less than 25% in principal amount of the Outstanding Notes shall have made written request to the Trustee to institute proceedings in respect of such Event of Default as
Trustee and offered the Trustee indemnity satisfactory to it and the Trustee shall not have received from the Holders of a majority in principal amount of the Outstanding Notes a direction inconsistent with such request, and shall have failed to
institute any such proceeding, for 60 days after receipt of such notice, request and offer of indemnity. The foregoing shall not apply to any suit instituted by any Holder of this Note for the enforcement of any payment of principal of or interest
on this Note or after the respective due dates expressed herein. 
 No reference herein to the Indenture and no provision of
this Note or of the Indenture shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of and interest on this Note at the times, places and rate, and in the coin or currency, herein prescribed.

 The Notes will be subject to defeasance and covenant defeasance pursuant to Sections 13.2 and 13.3 of the Base Indenture.

 As provided in the Indenture and subject to certain limitations therein set forth, the transfer of this Note is registrable
on the Security Register upon surrender of this Note for registration of transfer at the Corporate Trust Office of the Trustee or at such other office or agency of the Company as may be designated by it for such purpose in the Borough of Manhattan,
The City of New York (which shall initially be an office or agency of the Trustee), or at such other offices or agencies as the Company may designate, duly endorsed by, or accompanied by a written instrument of transfer in form satisfactory to the
Company and the Security Registrar duly executed by, the Holder thereof or his attorney duly authorized in writing, and thereupon one or more new Securities, of authorized denominations and for the same aggregate principal amount, will be issued to
the designated transferee or transferees by the Security Registrar. No service charge shall be made for any such registration of transfer or exchange, but the Company may require payment of a sum sufficient to recover any tax or other governmental
charge payable in connection therewith. 

  
 A-3

 Prior to due presentation of this Note for registration of transfer, the Company, the
Trustee and any agent of the Company or the Trustee may treat the Person in whose name this Note is registered, as the owner thereof for all purposes, whether or not such Note be overdue, and neither the Company, the Trustee nor any such agent shall
be affected by notice to the contrary. 
 No recourse for the payment of the principal of or interest on this Note and no
recourse under or upon any obligation, covenant or agreement of the Company in the Indenture or any indenture supplemental thereto or in any Note, or because of the creation of any indebtedness represented thereby, shall be had against any
incorporator, stockholder, employee, agent, officer or director or subsidiary, as such, past, present or future, of the Company or of any successor corporation, either directly or through the Company or any successor corporation, whether by virtue
of any constitution, statute or rule of law or by the enforcement of any assessment or penalty or otherwise, all such liability being, by the acceptance hereof and as part of consideration for the issue hereof, expressly waived and released.

 THE NOTE SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK. 

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

  
 A-4

 FOR VALUE RECEIVED, the undersigned hereby sells, assigns and transfers unto 

 

	
	  

	
	[PLEASE INSERT SOCIAL SECURITY OR OTHER IDENTIFYING NUMBER OF ASSIGNEE)
	
	  

	[PLEASE PRINT OR TYPE NAME AND ADDRESS, INCLUDING ZIP CODE, OF ASSIGNEE]
	
	the within Book-Entry Security, and all rights thereunder, hereby irrevocably constituting and appointing
	
	  

	attorney to transfer such security on the books of the Company, with full power of substitution in the premises.

  

			
	Dated:	 	 

  

			
	NOTICE:	  	The signature to this assignment must correspond with the name as written upon the face of the within Book-Entry Security in every particular without alteration or enlargement or
any change whatsoever.

  
 A-5

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