Document:

Document

Exhibit 10.2
EASTERN BANKSHARES, INC. 
MANAGEMENT INCENTIVE PLAN
The Eastern Bankshares, Inc. Management Incentive Plan (“MIP” or “the Plan”) is the short-term incentive plan for designated Named Executive Officers (“NEOs”) of Eastern Bankshares, Inc. (“Company”) and other Plan participants from Eastern Bank and Eastern Insurance Group, LLC as outlined below. The Company’s Compensation Committee administers the Plan, which is designed to reward success as determined by measuring performance against established Company Performance Measures (e.g., Net Income) and individual performance goals.  The Plan is also designed to align annual cash compensation with market competitive levels when performance expectations are met.
Plan Effective Date
The Plan is effective as of January 1, 2021, as approved by the Compensation Committee.  
Plan Year
Performance is measured annually over the Plan Year.  The Plan Year is the performance measurement period from January 1 through December 31.
Plan Eligibility
All NEOs (designated pursuant to applicable SEC rules), members of the Management Committee and select employees in management positions who significantly influence the profitability of the Company, are eligible to participate in the Plan as Plan participants (altogether, “Participants”).  Except with respect to the NEOs and Management Committee members, the CEO is the sole determinant of Participant eligibility, which is then communicated to Participants.  
MIP Target 
Each Participant is assigned a MIP target (“MIP Target”) for the Plan Year, based on the job responsibilities contained in their role and appropriate market data, as determined by the Chief Human Resources Officer and approved by the CEO.  MIP Targets are expressed as a percent of base salary and communicated to Participants upon becoming eligible as a Plan Participant (or, in certain cases, at the time of a job change, as contemplated in Calculation Rules for Participants with Changes or Partial Year Participation below). 
Determination of MIP Funding Pool 
Each year, Management will establish specific Company performance measures (“Company Performance Measures”) for the Plan Year, such as Net Income and other key measures, as deemed appropriate. The Company Performance Measures will be approved by the Compensation Committee, which may also establish a minimum performance threshold which must be met in order for any MIP award to be payable.
The Target MIP Funding Pool is the sum of all Participants’ target awards for the year. Actual funding of the MIP Pool (“Actual MIP Funding Pool”) is based on actual performance against the Company Performance Measures. The Actual MIP Funding Pool will equate to 100% of the Target MIP Funding Pool if actual performance meets all of the established Company Performance Measures for the Plan Year. If actual performance is less than the established Company Performance Measures for the Plan Year, then the Actual MIP Funding Pool may be less than Target MIP Funding Pool, and if actual performance for the year exceeds the Company Performance Measures, then the Actual MIP Funding Pool may be more than the Target MIP Funding Pool. The CEO shall have discretion to allocate a portion of the Actual MIP Funding Pool among participants, however, any award payable to an NEO and Management Committee member is subject to Compensation Committee approval.
The Compensation Committee may, at its sole discretion, adjust (upward or downward) the amount of the Target MIP Funding Pool and/or the Actual MIP Funding Pool for any year. Examples of situations that may cause the Compensation Committee to exercise this discretion include, but are not limited to, unanticipated business, economic or market changes, the outlook for future performance, management of significant workforce issues or 

other unanticipated financial charges or events, and any situation in which the Compensation Committee concludes will result in a windfall payment not commensurate with the Participant’s performance during the assessment period. Company Performance Measures may also be adjusted for such events as acquisitions and additional capital expenditures which were not envisioned when Company Performance Measures were first set. 
Determination of MIP Awards 
Generally, the determination of MIP awards (“Awards”) involves a two-step process: 
1.The Actual MIP Funding Pool is approved by the Compensation Committee, taking into consideration the results achieved for the Plan Year against Company Performance Measures determined annually by the Compensation Committee at its sole discretion. 
2.At the beginning of each year, Participants set annual individual Performance Goals that are approved by their manager.  Performance against those goals is evaluated by Participants’ managers following the end of the Plan Year. Managers will use discretion to allocate funds from their Actual MIP Funding Pool to individual Participants based on each Participant’s individual performance against these established goals.
Award recommendations/allocations made by managers are subject to review by the appropriate Management Committee member. Final Awards are approved by the CEO for Participants below the Management Committee level, as further outlined in Plan Administration.
Calculation Rules for Participants with Changes or Partial Year Participation 
For Participants who are hired or have a salary or job change during the Plan Year, the following rules apply:
•New Participants hired:
◦Prior to October 1: The Award is pro-rated for time in position
◦October 1 or later:  participation will begin in the following Plan Year
•Existing employees who become MIP Participants: 
◦Prior to April 1:  The Award will be calculated using the new base salary and MIP Target
◦April 1 to September 30: The Award will be pro-rated to reflect time in position during the Plan Year
◦October 1 or later:  participation will begin the following Plan Year
•Existing MIP Participants who have a salary change:
◦Prior to April 1:  The Award will be calculated using the new base salary for the full year
◦April 1 to September 30: The Award will be pro-rated based on the time spent at each salary level
◦October 1 or later:  Prior base salary will be used to calculate the Award
•Existing MIP Participants who have a job change resulting in a different MIP Target:
◦Prior to April 1:  The Award will be calculated using the new base salary and new MIP Target
◦April 1 to September 30: The Award will be prorated based on time spent at each salary and MIP Target level
◦October 1 or later:  MIP Target change will apply in the following Plan Year and prior base salary will be used to calculate Award
•Existing Participants who have a job change and are no longer eligible under the MIP:
◦Prior base salary and MIP Target will be used to calculate partial year Award, for period prior to job change that then made them ineligible for MIP participation
Performance Expectations
Employees who do not meet performance expectations or who are under corrective action at the time an Award would otherwise be payable, may not be eligible for consideration for an Award as indicated below.  

•Participants must achieve a minimum performance rating of  a “2” or “Threshold Performance” on his/her annual performance assessment to be eligible for consideration to receive an Award under the MIP. 
•Participants on written warning or corrective action may not be eligible to receive an Award until performance has improved to a satisfactory level, as determined by the CEO.  The CEO may, in his sole discretion, authorize payment of a full or partial Award to a Participant during a period in which the Participant was subject to corrective action, after the Participant’s performance has improved to a satisfactory level.
Award Calculation and Payment
MIP Awards will be calculated and paid after Company year-end financial information has been reviewed and Corporate results are certified, no later than March 15th following the end of the Plan Year.  Except to the extent set forth in the Plan Administration section below, no Award is considered earned, due or payable under this Plan until approved in accordance with this Plan.  All applicable taxes (i.e., federal, state, FICA) will be withheld when the Award is paid.  If the Participant is eligible and elects to defer the Award under the 409A Deferred Compensation Plan, the FICA portion and Medicare will be withheld from the amount deferred, however, other taxes (i.e., state and federal) will be deferred until the compensation is paid.
Termination of Employment
A Participant must be actively employed by the Company at the time of payment of the Award in order to be eligible for consideration for an Award under this Plan. MIP Awards are forfeited if employment terminates voluntarily or involuntary before the date the Award is paid, even if the Participant was employed on the last day of the relevant Plan Year or after the Performance Period but before payments are made.  
Participants who have (1) retired, (2) died, (3) become permanently disabled, or (4)  are affected by a Reduction in Force due to position elimination during the Plan Year or after the Plan Year and before payments are made, may be eligible to receive a portion of their Award.
•Retirement includes employees leaving the Company who are eligible for retirement as defined by the Eastern Pension Plan, but excludes those going to work for a competitor in our region, as determined in the sole discretion of the CEO.
•Disability is defined as a disability that qualifies an employee for long-term disability benefits under Eastern’s long-term disability plan.
Participants who have terminated as a result of any of the four events noted in this section will be eligible for consideration for a prorated Award based on the Company’s performance during the entire Year and the applicable individual performance achievement as of the date of retirement, death, disability, or termination due to a Reduction in Force.  Payment will be made on the regular payment schedule.
Plan Administration 
In General
The CEO provides the final approval for all Awards to be paid to Participants, except for NEOs and members of Management Committee.  Awards for NEOs and Management Committee are approved by the Compensation Committee, except the CEO’s Award is approved by the independent members of the Board of Directors, after recommendation by the Compensation Committee. 
The Compensation Committee retains the right to determine whether the criteria for Awards is satisfied and deemed payable under the Plan.  In addition, except with respect to Awards to the NEOs and members of the Management Committee, the CEO may adjust the actual Awards earned based on other relevant performance criteria or business conditions if circumstances warrant an adjustment, within the limitations set forth in the Determination of MIP Funding Pool section above.  The Chief Human Resources Officer may adjust awards to correct errors prior to or after payment.
Nothing in the description of this Plan should be interpreted as a guarantee of payment, of future participation, or of official performance. The Company reserves the right to amend, suspend or terminate this Plan at any time, and from time to time, for any reason or no reason. This Plan is not intended to and does not create an expressed or 

implied contract between the Company and any of its employees. Specifically, it does not create any promise, agreement, or contractual obligation to pay wages or compensation under any federal or state wage laws.
Payment of an Award in one Plan Year does not guarantee payment in future years; nor does it guarantee continuation of the Plan or that an employee will continue to be eligible to participate in the Plan.
Awards paid under the Plan are considered as bonus payments for purposes of the Company’s employee benefit plans and are taken into account under the Company’s Defined Benefit Pension and Employee Stock Ownership Plan (ESOP). Awards will not be considered compensation for purposes of the group life and disability insurance plans or the 401(k) Plan.    Refer to the plan documents for the foregoing plans for more specific information.
In the event of the Participant’s death, any Award due will be paid to the beneficiary of record on the Participant’s group life insurance plan.
In the event of a merger, acquisition, consolidation, dissolution, or liquidation in which the Company is not the surviving entity (“Transaction”), eligible Participants shall be paid a full annual Award based on achievement at Target as soon as possible after the Transaction.  If the Transaction occurs during the Plan Year, the Award shall not be prorated and shall be applied with respect to annualized base compensation in effect at the Transaction date, and performance and other relevant factors during the period ending on the Transaction date. 
The Compensation Committee shall have the discretion and authority to make final decisions regarding the application and interpretation of the Plan, eligibility for an Award and other situations not specifically covered by the Plan.  Such decisions shall be final and binding on Participants and are not subject to any type of appeal or review.  No Participant has a “vested” right to any Award before it is paid.
No member of the Board of Directors and no Officer or employee of the Company shall be liable to any person for any action taken or omitted in connection with the administration of the Plan unless attributable to his/her own fraud or willful misconduct; nor shall the Company be liable to any person for any such action unless attributable to fraud or willful misconduct on the part of a Director, Officer, or employee of the Company.
The Plan may be changed, amended or suspended at any time without advance written or verbal notice at the sole discretion of the Compensation Committee.  The Compensation Committee reserves the right to terminate this Plan at any time and for any reason or no reason.
The Plan will be governed in accordance with the laws of the Commonwealth of Massachusetts.  The Plan is considered a payroll practice and is not an employee benefit plan under ERISA.
Employment is “at-will” and is not guaranteed for any definite period of time and no provision of this document shall create or imply a contract of employment or a guarantee of employment such as through a Plan Year or until any Award is paid.  The Company reserves the right to terminate employees at any time and for any reason, with or without cause. 
Plan Administration 
The Board of Directors or its designated Committee shall:
•Determine the Corporate Performance targets for Annual Net Income and other Company Performance Measures; 
•Determine prior to the Plan Year, the MIP Award budget;
•Determine the Actual MIP Funding Pool after the performance period, annually; and
•Consider and approve any Award for the CEO (independent Directors only).
The Compensation Committee, which administers the Plan, is authorized to:
•Approve, terminate or amend the Plan;
•Review materials and recommend to the Board the Actual MIP Funding Pool, annually; 
•Modify the design features of the Plan including target levels, eligibility criteria, and the Company Performance Measures; and
•Consider and approve Awards for members of Management Committee, including NEOs (except for the CEO, whose Award shall be ratified by the Board of Directors (with non-independent Directors abstaining).

The CEO is authorized to:
•Except with respect to eligibility of NEOs, determine eligibility for participation in the Plan and approve and disqualify Participants;
•Ensure that performance objectives are established for each Participant in each Plan Year and communicated to Participants;
•Monitor performance against objectives and report to the Board periodically on such matters;
•Inform eligible Participants of the operational features of the Plan; 
•Approve Award recommendations for participants below the Management Committee level;
•Inform the Compensation Committee as to the overall Company performance at least annually; and 
•Recommend modifications to the Plan.
The Chief Human Resources Officer is authorized to:
•Support the CEO and the Compensation Committee in the design, implementation, interpretation and communication of the Plan;
•Perform administrative duties associated with the plan including Award adjustments acting as the CEO’s assigned designee and/or as agent for the Compensation Committee;
•Interpret the Plan and remedy any ambiguities or omissions;
•Prepare Award recommendations for review; and
•Process approved Award payments to Participants.

Appendix – Eastern Insurance Group MIP Participants

Performance and Payout Range Guidelines

												
	Overall Achievement Rating	Definition	Payout Range as Percent of Target
	EXCEPTIONAL	(5)	A rating of a “5” describes a level of performance that goes well beyond the stated performance objective, especially in the critical areas of responsibility. The degree of accomplishment, its difficulty, and impact on the entire Company are major factors in awarding this performance rating.	Up to 200%
	VERY STRONG	(4)	A rating of a “4” describes a level of performance that is substantially above the expected performance objective. Key objectives have been achieved. Individuals rated at this level will have made a significant contribution in key areas of responsibility.	Up to 150%
	STRONG (TARGET)	(3)	To achieve a “3” rating requires a level of performance which has essentially and substantially met all aspects of the objective (e.g., timeframes, cost savings, revenue enhancements, etc.).	Up to 100%
	THRESHOLD	(2)	A rating of a “2” describes a level of performance which did not achieve all aspects of the objective, but did satisfy the core requirements.	Up to 50%
	BELOW THRESHOLD	(1)	A rating of a “1” describes a level of performance at which the core requirements have not been satisfied nor has the desired impact been realized. Participants will not receive an Incentive Award for performance at this level.	0%EXHIBIT 4.1

  

  

   

   

   

   

   

  STRATA SKIN SCIENCES, INC., as

   ISSUER

   

  and 

  [                                   ], as 

  INDENTURE TRUSTEE

   

   

   

  INDENTURE  

   

   

   

   

  Dated as of [              ]

   

   

   

   

   

   

  

  

  
    

    
      

    

  

   

   

   

   

  TABLE OF CONTENTS

   

  	
           

        	
           

        	
           

        	
          Page

        
	
          ARTICLE I DEFINITIONS AND INCORPORATION BY REFERENCE

        	
          1

        
	
           

        	
           

        	
           

        	
           

        
	
          Section 1.01

        	
           

        	
          Definitions

        	
          1

        
	
          Section 1.02

        	
           

        	
          Other Definitions

        	
          4

        
	
          Section 1.03

        	
           

        	
          Incorporation by Reference of Trust Indenture Act

        	
          4

        
	
          Section 1.04

        	
           

        	
          Rules of Construction

        	
          4

        
	
           

        	
           

        
	
          ARTICLE II THE SECURITIES

        	
          5

        
	
           

        	
           

        	
           

        	
           

        
	
          Section 2.01

        	
           

        	
          Issuable in Series

        	
          5

        
	
          Section 2.02

        	
           

        	
          Establishment of Terms of Series of Securities

        	
          5

        
	
          Section 2.03

        	
           

        	
          Execution and Authentication

        	
          6

        
	
          Section 2.04

        	
           

        	
          Registrar and Paying Agent

        	
          7

        
	
          Section 2.05

        	
           

        	
          Paying Agent to Hold Money in Trust

        	
          7

        
	
          Section 2.06

        	
           

        	
          Holder Lists

        	
          7

        
	
          Section 2.07

        	
           

        	
          Transfer and Exchange

        	
          7

        
	
          Section 2.08

        	
           

        	
          Mutilated, Destroyed, Lost and Stolen Securities

        	
          8

        
	
          Section 2.09

        	
           

        	
          Outstanding Securities

        	
          8

        
	
          Section 2.10

        	
           

        	
          Treasury Securities

        	
          8

        
	
          Section 2.11

        	
           

        	
          Temporary Securities

        	
          8

        
	
          Section 2.12

        	
           

        	
          Cancellation

        	
          9

        
	
          Section 2.13

        	
           

        	
          Defaulted Interest

        	
          9

        
	
          Section 2.14

        	
           

        	
          Global Securities

        	
          9

        
	
          Section 2.15

        	
           

        	
          CUSIP Numbers

        	
          10

        
	
           

        	
           

        
	
          ARTICLE III REDEMPTION

        	
          10

        
	
           

        	
           

        	
           

        	
           

        
	
          Section 3.01

        	
           

        	
          Notice to Trustee

        	
          10

        
	
          Section 3.02

        	
           

        	
          Selection of Securities to be Redeemed

        	
          10

        
	
          Section 3.03

        	
           

        	
          Notice of Redemption

        	
          10

        
	
          Section 3.04

        	
           

        	
          Effect of Notice of Redemption

        	
          11

        
	
          Section 3.05

        	
           

        	
          Deposit of Redemption Price

        	
          11

        
	
          Section 3.06

        	
           

        	
          Securities Redeemed in Part

        	
          11

        
	
           

        	
           

        
	
          ARTICLE IV COVENANTS

        	
          11

        
	
           

        	
           

        	
           

        	
           

        
	
          Section 4.01

        	
           

        	
          Payment of Principal and Interest

        	
          11

        
	
          Section 4.02

        	
           

        	
          SEC Reports

        	
          11

        
	
          Section 4.03

        	
           

        	
          Compliance Certificate

        	
          11

        
	
          Section 4.04

        	
           

        	
          Stay, Extension and Usury Laws

        	
          12

        
	
           

        	
           

        
	
          ARTICLE V SUCCESSORS

        	
          12

        
	
           

        	
           

        	
           

        	
           

        
	
          Section 5.01

        	
           

        	
          When Company May Merge, etc.

        	
          12

        
	
          Section 5.02

        	
           

        	
          Successor Corporation Substituted

        	
          12

        

   

  

  

   

   

  
    

    
      

    

  

   

   

   

   

  	
          ARTICLE VI DEFAULTS AND REMEDIES

        	
          12

        
	
           

        	
           

        	
           

        	
           

        
	
          Section 6.01

        	
           

        	
          Events of Default

        	
          12

        
	
          Section 6.02

        	
           

        	
          Acceleration of Maturity; Rescission and Annulment

        	
          13

        
	
          Section 6.03

        	
           

        	
          Collection of Indebtedness and Suits for Enforcement by Trustee

        	
          14

        
	
          Section 6.04

        	
           

        	
          Trustee May File Proofs of Claim

        	
          14

        
	
          Section 6.05

        	
           

        	
          Trustee May Enforce Claims Without Possession of Securities

        	
          14

        
	
          Section 6.06

        	
           

        	
          Application of Money Collected

        	
          15

        
	
          Section 6.07

        	
           

        	
          Limitation on Suits

        	
          15

        
	
          Section 6.08

        	
           

        	
          Unconditional Right of Holders to Receive Principal and Interest

        	
          15

        
	
          Section 6.09

        	
           

        	
          Restoration of Rights and Remedies

        	
          15

        
	
          Section 6.10

        	
           

        	
          Rights and Remedies Cumulative

        	
          16

        
	
          Section 6.11

        	
           

        	
          Delay or Omission Not Waiver

        	
          16

        
	
          Section 6.12

        	
           

        	
          Control by Holders

        	
          16

        
	
          Section 6.13

        	
           

        	
          Waiver of Past Defaults

        	
          16

        
	
          Section 6.14

        	
           

        	
          Undertaking for Costs

        	
          16

        
	
           

        	
           

        
	
          ARTICLE VII TRUSTEE

        	
          17

        
	
           

        	
           

        	
           

        	
           

        
	
          Section 7.01

        	
           

        	
          Duties of Trustee

        	
          17

        
	
          Section 7.02

        	
           

        	
          Rights of Trustee

        	
          18

        
	
          Section 7.03

        	
           

        	
          Individual Rights of Trustee

        	
          18

        
	
          Section 7.04

        	
           

        	
          Trustee’s Disclaimer

        	
          19

        
	
          Section 7.05

        	
           

        	
          Notice of Defaults

        	
          19

        
	
          Section 7.06

        	
           

        	
          Reports by Trustee to Holders

        	
          19

        
	
          Section 7.07

        	
           

        	
          Compensation and Indemnity

        	
          19

        
	
          Section 7.08

        	
           

        	
          Replacement of Trustee

        	
          19

        
	
          Section 7.09

        	
           

        	
          Successor Trustee by Merger, etc.

        	
          20

        
	
          Section 7.10

        	
           

        	
          Eligibility; Disqualification

        	
          20

        
	
          Section 7.11

        	
           

        	
          Preferential Collection of Claims Against Company

        	
          20

        
	
           

        	
           

        
	
          ARTICLE VIII SATISFACTION AND DISCHARGE; DEFEASANCE

        	
          20

        
	
           

        	
           

        	
           

        	
           

        
	
          Section 8.01

        	
           

        	
          Satisfaction and Discharge of Indenture

        	
          20

        
	
          Section 8.02

        	
           

        	
          Application of Trust Funds; Indemnification

        	
          21

        
	
          Section 8.03

        	
           

        	
          Legal Defeasance of Securities of any Series

        	
          21

        
	
          Section 8.04

        	
           

        	
          Covenant Defeasance

        	
          22

        
	
          Section 8.05

        	
           

        	
          Repayment to Company

        	
          23

        
	
          Section 8.06

        	
           

        	
          Reinstatement

        	
          23

        

   

  

  

   

   

  
    

    
      

    

  

   

   

   

   

  	
          ARTICLE IX AMENDMENTS AND WAIVERS

        	
          23

        
	
           

        	
           

        	
           

        	
           

        
	
          Section 9.01

        	
           

        	
          Without Consent of Holders

        	
          23

        
	
          Section 9.02

        	
           

        	
          With Consent of Holders

        	
          24

        
	
          Section 9.03

        	
           

        	
          Limitations

        	
          24

        
	
          Section 9.04

        	
           

        	
          Compliance with Trust Indenture Act

        	
          25

        
	
          Section 9.05

        	
           

        	
          Revocation and Effect of Consents

        	
          25

        
	
          Section 9.06

        	
           

        	
          Notation on or Exchange of Securities

        	
          25

        
	
          Section 9.07

        	
           

        	
          Trustee Protected

        	
          25

        

   

  	
          ARTICLE X MISCELLANEOUS

        	
          26

        
	
           

        	
           

        	
           

        	
           

        
	
          Section 10.01

        	
           

        	
          Trust Indenture Act Controls

        	
          26

        
	
          Section 10.02

        	
           

        	
          Notices

        	
          26

        
	
          Section 10.03

        	
           

        	
          Communication by Holders with Other Holders

        	
          26

        
	
          Section 10.04

        	
           

        	
          Certificate and Opinion as to Conditions Precedent

        	
          26

        
	
          Section 10.05

        	
           

        	
          Statements Required in Certificate or Opinion

        	
          26

        
	
          Section 10.06

        	
           

        	
          Rules by Trustee and Agents

        	
          27

        
	
          Section 10.07

        	
           

        	
          Legal Holidays

        	
          27

        
	
          Section 10.08

        	
           

        	
          No Recourse Against Others

        	
          27

        
	
          Section 10.09

        	
           

        	
          Counterparts

        	
          27

        
	
          Section 10.10

        	
           

        	
          Governing Laws

        	
          27

        
	
          Section 10.11

        	
           

        	
          No Adverse Interpretation of Other Agreements

        	
          27

        
	
          Section 10.12

        	
           

        	
          Successors

        	
          27

        
	
          Section 10.13

        	
           

        	
          Severability

        	
          27

        
	
          Section 10.14

        	
           

        	
          Table of Contents, Headings, etc.

        	
          27

        
	
          Section 10.15

        	
           

        	
          Securities in a Foreign Currency

        	
          27

        
	
          Section 10.16

        	
           

        	
          U.S.A. Patriot Act

        	
          28

        
	
          Section 10.17

        	
           

        	
          Waiver of Jury Trial

        	
          28

        
	
           

        	
           

        
	
          ARTICLE XI SINKING FUNDS

        	
          28

        
	
           

        	
           

        	
           

        	
           

        
	
          Section 11.01

        	
           

        	
          Applicability of Article

        	
          28

        
	
          Section 11.02

        	
           

        	
          Satisfaction of Sinking Fund Payments with Securities

        	
          28

        
	
          Section 11.03

        	
           

        	
          Redemption of Securities for Sinking Fund

        	
          28

        

   

   

   

  
    

    
      

    

  

   

   

   

  

  

   

   

  STRATA SKIN SCIENCES, INC. 

  Reconciliation and tie between Trust Indenture Act of 1939
      and  

  Indenture, dated as of [         ].

   

  	
          Section 310 (a)(1)

        	
           

        	
           

        	
          7.10

        	
           

        
	
          (a)(2)

        	
           

        	
           

        	
          7.10

        	
           

        
	
          (a)(3)

        	
           

        	
           

        	
          NOT APPLICABLE

        	
           

        
	
          (a)(4)

        	
           

        	
           

        	
          NOT APPLICABLE

        	
           

        
	
          (a)(5)

        	
           

        	
           

        	
          7.10

        	
           

        
	
          (b)

        	
           

        	
           

        	
          7.10

        	
           

        
	
          Section 311 (a)

        	
           

        	
           

        	
          7.11

        	
           

        
	
          (b)

        	
           

        	
           

        	
          7.11

        	
           

        
	
          (c)

        	
           

        	
           

        	
          NOT APPLICABLE

        	
           

        
	
          Section 312 (a)

        	
           

        	
           

        	
          2.06

        	
           

        
	
          (b)

        	
           

        	
           

        	
          10.03

        	
           

        
	
          (c)

        	
           

        	
           

        	
          10.03

        	
           

        
	
          Section 313 (a)

        	
           

        	
           

        	
          7.06

        	
           

        
	
          (b)(1)

        	
           

        	
           

        	
          7.06

        	
           

        
	
          (b)(2)

        	
           

        	
           

        	
          7.06

        	
           

        
	
          (c)(1)

        	
           

        	
           

        	
          7.06

        	
           

        
	
          (d)

        	
           

        	
           

        	
          7.06

        	
           

        
	
          Section 314 (a)

        	
           

        	
           

        	
          4.02, 10.05

        	
           

        
	
          (b)

        	
           

        	
           

        	
          NOT APPLICABLE

        	
           

        
	
          (c)(1)

        	
           

        	
           

        	
          10.04

        	
           

        
	
          (c)(2)

        	
           

        	
           

        	
          10.04

        	
           

        
	
          (c)(3)

        	
           

        	
           

        	
          NOT APPLICABLE

        	
           

        
	
          (d)

        	
           

        	
           

        	
          NOT APPLICABLE

        	
           

        
	
          (e)

        	
           

        	
           

        	
          10.05

        	
           

        
	
          (f)

        	
           

        	
           

        	
          NOT APPLICABLE

        	
           

        
	
          Section 315 (a)

        	
           

        	
           

        	
          7.01

        	
           

        
	
          (b)

        	
           

        	
           

        	
          7.05

        	
           

        
	
          (c)

        	
           

        	
           

        	
          7.01

        	
           

        
	
          (d)

        	
           

        	
           

        	
          7.01

        	
           

        
	
          (e)

        	
           

        	
           

        	
          6.14

        	
           

        
	
          Section 316 (a)

        	
           

        	
           

        	
          2.10

        	
           

        
	
          (a)(1)(a)

        	
           

        	
           

        	
          6.12

        	
           

        
	
          (a)(1)(b)

        	
           

        	
           

        	
          6.13

        	
           

        
	
          (b)

        	
           

        	
           

        	
          6.08

        	
           

        
	
          Section 317 (a)(1)

        	
           

        	
           

        	
          6.03

        	
           

        
	
          (a)(2)

        	
           

        	
           

        	
          6.04

        	
           

        
	
          (b)

        	
           

        	
           

        	
          2.05

        	
           

        
	
          Section 318 (a)

        	
           

        	
           

        	
          10.01

        	
           

        

   

   

   

  
    

    
      

    

  

  
   

   

   

   

  INDENTURE, dated as of [        ],
    between STRATA Skin Sciences, Inc., a Delaware corporation (“Company”), and [                                             ], as trustee (“Trustee”).

   

  Each party agrees as follows for the benefit of the other party and for the equal and ratable benefit of the Holders of the Securities
    issued under this Indenture.

   

  ARTICLE I  

  DEFINITIONS AND INCORPORATION BY REFERENCE

   

  Section 1.01 Definitions.

   

  “Additional Amounts” means any
    additional amounts which are required hereby or by any Security, under circumstances specified herein or therein, to be paid by the Company in respect of certain taxes imposed on Holders specified herein or therein and which are owing to such Holders,
    as calculated by the Company.

   

  “Affiliate” of any specified person
    means any other person directly or indirectly controlling or controlled by or under direct or indirect common control with such specified person. For the purposes of this definition, “control” (including, with correlative meanings, the terms
    “controlled by” and “under common control with”), as used with respect to any person, shall mean the possession, directly or indirectly, of the power to direct or cause the direction of the management or policies of such person, whether through the
    ownership of voting securities or by agreement or otherwise.

   

  “Agent” means any Registrar or
    Paying Agent.

   

  “Applicable Procedures” means, with
    respect to any transfer or transaction involving a Global Security or beneficial interest therein, the rules and procedures of DTC or any successor Depositary, in each case to the extent applicable to such transaction and as in effect from time to
    time.

   

  “Board of Directors” means the
    Board of Directors of the Company or any duly authorized committee thereof.

   

  “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 Saturday, Sunday or other day on which commercial banks in The City of New York are authorized or required by law to remain closed; provided, however, for clarification, commercial banks shall not be deemed to be authorized or required by law to remain closed due to “stay at home”, “shelter-in-place”,
    “non-essential employee”  or any other similar orders or restrictions or the closure of any physical branch locations at the direction of any governmental authority so long as the electronic funds transfer systems (including for wire transfers) of
    commercial banks in The City of New York generally are open for use by customers on such day.

   

  “Capital Interests” means any and
    all shares, interests, participations, rights or other equivalents (however designated) of capital stock, including, without limitation, with respect to partnerships, partnership interests (whether general or limited) and 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, such partnership.

   

  “Company” means the party named as
    such above until a successor replaces it and thereafter means the successor.

   

  “Company Order” means a written
    order signed in the name of the Company by two Officers, one of whom must be the Company’s principal executive officer, principal financial officer or principal accounting officer.

   

  “Company Request” means a written
    request signed in the name of the Company by its Chief Executive Officer or Chief Financial Officer and delivered to the Trustee.

   

  

  

   

  

  

   

  
    

    1

    
      

    

  

  

  

  “Corporate Trust Office” means the address of the
    Trustee specified in Section 10.02, or such other address as to which the Trustee may give notice to the Holders and the Company.

   

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

   

  “Depositary” means, with respect to
    the Securities of any Series issuable or issued in whole or part in the form of one or more Global Securities, 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 Securities of any Series shall mean the Depositary with respect to the Securities of such Series.

   

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

   

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

   

  “DTC” means the Depository Trust
    Company, a New York corporation.

   

  “Exchange Act” means the Securities
    Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder.

   

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

   

  “Foreign Government Obligations”
    means, with respect to Securities of any Series that are denominated in a Foreign Currency, (i) direct obligations of the government that issued or caused to be issued such currency for the payment of which obligations its full faith and credit is
    pledged or (ii) obligations of a person controlled or supervised by or acting as an agency or instrumentality of such government the timely payment of which is unconditionally guaranteed as a full faith and credit obligation by such government, which,
    in either case under clauses (i) or (ii), are not callable or redeemable at the option of the issuer thereof.

   

  “GAAP” means generally accepted
    accounting principles set forth in the opinions and pronouncements of the Accounting Principles Board of the American Standards Board or in such other statements by such other entity as have been approved by a significant segment of the accounting
    profession.

   

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

   

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

   

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

   

  “interest” with respect to any
    Discount Security which by its terms bears interest only after Maturity means interest payable after Maturity.

   

  “Maturity,” when used with respect
    to any Security or installment of principal thereof, means the date on which the principal of such Security or such installment of principal becomes due and payable as therein or herein provided, whether at the Stated Maturity or by declaration of
    acceleration, call for redemption or otherwise.

   

  “Officer” means the Chief Executive
    Officer, Chief Financial Officer, any Vice-President, the Treasurer, the Secretary, any Assistant Treasurer or any Assistant Secretary of the Company.

   

  “Officers’ Certificate” means a
    certificate signed by two Officers, one of whom must be the Company’s principal executive officer, principal financial officer or principal accounting officer.

   

  

  

   

  

  
    

    2

    
      

    

  

   

   

  “Opinion of Counsel” means a
    written opinion of legal counsel who is reasonably acceptable to the Trustee. The counsel may be an employee of or counsel to the Company.

   

  “person” means any individual,
    corporation, partnership, joint venture, association, limited liability company, joint-stock company, trust, unincorporated organization or government or any agency or political subdivision thereof.

   

  “principal” of a Security means the
    principal of the Security plus, when appropriate, the premium, if any, on, and any Additional Amounts in respect of, the Security.

   

  “Responsible Officer” means any
    officer of the Trustee in its Corporate Trust Office with direct responsibility for the administration of this Indenture and also means, with respect to a particular corporate trust matter, any other officer to whom any corporate trust matter is
    referred because of his or her knowledge of and familiarity with a particular subject.

   

  “SEC” means the Securities and
    Exchange Commission.

   

  “Securities” means the debentures,
    notes or other debt instruments of the Company of any Series authenticated and delivered under this Indenture.

   

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

   

  “Stated Maturity” means when used
    with respect to any Security or any installment of principal thereof or interest thereon, the date specified in such Security as the fixed date on which the principal of such Security or such installment of principal or interest is due and payable.

   

  “Subsidiary” means, with respect to
    any person, any corporation, association or other business entity of which more than 50% of the total voting power of shares of Capital Interests entitled (without regard to the occurrence of any contingency) to vote in the election of directors,
    managers or trustees thereof or, in the case of a partnership, more than 50% of the partners’ Capital Interests (considering all partners’ Capital Interests as a single class), is at the time owned or controlled, directly or indirectly, by such person
    or one or more of the other Subsidiaries of such person or combination thereof.

   

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

   

  “Trustee” means the person named as
    the “Trustee” in the first paragraph of this instrument until a successor Trustee shall have become such pursuant to the applicable provisions of this Indenture, and thereafter “Trustee” shall mean each person who is then a Trustee hereunder, and if at
    any time there is more than one such person, “Trustee” as used with respect to the Securities of any Series shall mean the Trustee with respect to Securities of that Series.

   

  “U.S. Government Obligations” means
    securities which are (i) direct obligations of The United States of America for the payment of which its full faith and credit is pledged or (ii) obligations of a person controlled or supervised by and acting as an agency or instrumentality of The
    United States of America the payment of which is unconditionally guaranteed as a full faith and credit obligation by The United States of America, and which are not callable or redeemable at the option of the issuer thereof, and shall also include a
    depository receipt issued by a bank or trust company as custodian with respect to any such U.S. Government Obligation or a specific payment of interest on or principal of any such U.S. Government Obligation held by such custodian for the account of the
    holder of a depository receipt, provided that (except as required by law) such custodian is not authorized to make any deduction from the amount payable to the holder of such depository receipt from any amount received by the custodian in respect of
    the U.S. Government Obligation evidenced by such depository receipt.

   

   

  

  

  
    

    3

    
      

    

  

   

  

  

   

   

  Section 1.02 Other Definitions.

   

  	
          TERM

        	
           

        	
          Defined in Section

        	
           

        
	
          Bankruptcy Law

        	
           

        	
           

        	
          6.01

        	
           

        
	
          Custodian

        	
           

        	
           

        	
          6.01

        	
           

        
	
          Event of Default

        	
           

        	
           

        	
          6.01

        	
           

        
	
          Legal Holiday

        	
           

        	
           

        	
          10.07

        	
           

        
	
          mandatory sinking fund payment

        	
           

        	
           

        	
          11.01

        	
           

        
	
          Market Exchange Rate

        	
           

        	
           

        	
          10.15

        	
           

        
	
          optional sinking fund payment

        	
           

        	
           

        	
          11.01

        	
           

        
	
          Paying Agent

        	
           

        	
           

        	
          2.04

        	
           

        
	
          Registrar

        	
           

        	
           

        	
          2.04

        	
           

        
	
          Successor Person

        	
           

        	
           

        	
          5.01

        	
           

        

   

  Section 1.03 Incorporation by Reference of Trust Indenture Act.

   

  Whenever this Indenture refers to a provision of the TIA, the provision is incorporated by reference in and made a part of this Indenture.
    The following TIA terms used in this Indenture have the following meanings:

   

  “Commission” means the SEC.

   

  “indenture securities” means the
    Securities.

   

  “indenture security holder”
    means a Holder.

   

  “indenture to be qualified”
    means this Indenture.

   

  “indenture trustee” or “institutional trustee” means the Trustee.

   

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

   

  All other terms used in this Indenture that are defined by the TIA, defined by TIA reference to another statute or defined by SEC rule
    under the TIA and not otherwise defined herein are used herein as so defined.

   

  Section 1.04 Rules of Construction.

   

  Unless the context otherwise requires:

   

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

   

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

   

  (c) references to “generally accepted accounting principles” and “GAAP” shall mean generally accepted accounting principles in effect as of
    the time when and for the period as to which such accounting principles are to be applied;

   

  (d) “or” is not exclusive;

   

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

   

  (f) provisions apply to successive events and transactions.

   

  

  

   

  

  

  
    

    4

    
      

    

  

   

   

  ARTICLE II  

  THE SECURITIES

   

  Section 2.01 Issuable in Series. The
    aggregate principal amount of Securities that may be authenticated and delivered under this Indenture is unlimited. The Securities may be issued in one or more Series. All Securities of a Series shall be identical except as may be set forth or
    determined in the manner provided in a Board Resolution, supplemental indenture or Officers’ Certificate detailing the adoption of the terms thereof pursuant to authority granted under a Board Resolution. In the case of Securities of a Series to be
    issued from time to time, the Board Resolution, Officers’ Certificate or supplemental indenture detailing the adoption of the terms thereof pursuant to authority granted under a Board Resolution may provide for the method by which specified terms (such
    as interest rate, maturity date, record date or date from which interest shall accrue) are to be determined. Securities may differ between Series in respect of any matters, provided that all Series of Securities shall be equally and ratably entitled to
    the benefits of the Indenture.

   

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

   

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

   

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

   

  (c) any limit upon the aggregate principal amount of the Securities of the Series which may be authenticated and delivered under this
    Indenture (except for Securities authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Securities of the Series pursuant to Sections 2.07, 2.08, 2.11, 3.06 or 9.06);

   

  (d) the date or dates on which the principal of the Securities 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 Securities of the Series shall bear interest, if any, the date or dates from which such interest, if any, shall accrue, the date or
    dates on which such interest, if any, shall commence and be payable and any regular record date for the interest payable on any interest payment date;

   

  (f) the place or places where the principal of and interest, if any, on the Securities of the Series shall be payable, where the Securities
    of such Series may be surrendered for registration of transfer or exchange and where notices and demands to or upon the Company in respect of the Securities 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 Securities
    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 Securities of the Series pursuant to any sinking fund or analogous
    provisions or at the option of a Holder thereof and the period or periods within which, the price or prices at which and the terms and conditions upon which Securities of the Series shall be redeemed or purchased, in whole or in part, pursuant to such
    obligation;

   

  

  

   

  

  

  
    

    5

    
      

    

  

   

   

  (i) the dates, if any, on which and the price or prices at which the Securities 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 Securities of the Series shall
    be issuable;

   

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

   

  (l) the currency of denomination of the Securities of the Series, which may be Dollars or any Foreign Currency, and the agency or
    organization, if any, responsible for overseeing such composite currency;

   

  (m) the provisions, if any, relating to any security provided for the Securities of the Series;

   

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

   

  (o) any addition to or change in the covenants set forth in Articles IV or V which applies to Securities of the Series;

   

  (p) the provisions, if any, relating to conversion of any Securities of such Series, including, if applicable, the securities into which
    the Securities are convertible, the conversion price, the conversion period, provisions as to whether conversion will be mandatory, at the option of the Holders or at the option of the Company, the events requiring an adjustment of the conversion price
    and provisions affecting conversion if such Series of Securities are redeemed;

   

  (q) whether the Securities of such Series will be senior debt securities or subordinated debt securities and, if applicable, a description
    of the subordination terms thereof;

   

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

   

  (s) any other terms of the Securities of the Series (which may modify or delete any provision of this Indenture insofar as it applies to
    such Series).

   

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

   

  Section 2.03 Execution and Authentication. At
    least one Officer shall sign the Securities for the Company by manual or facsimile signature. If an Officer whose signature is on a Security no longer holds that office at the time the Security is authenticated, the Security shall nevertheless be
    valid. A Security shall not be valid until authenticated by the manual signature of the Trustee or an authenticating agent. The signature shall be conclusive evidence that the Security has been authenticated under this Indenture. The Trustee shall at
    any time, and from time to time, authenticate Securities for original issue in the principal amount provided in the Board Resolution, supplemental indenture hereto or Officers’ Certificate, upon receipt by the Trustee of a Company Order. Such Company
    Order may authorize authentication and delivery pursuant to electronic instructions in PDF from the Company or its duly authorized agent or agents. Each Security shall be dated the date of its authentication unless otherwise provided by a Board
    Resolution, a supplemental indenture hereto or an Officers’ Certificate. The aggregate principal amount of Securities of any Series outstanding at any time may not exceed any limit upon the maximum principal amount for such Series set forth in the
    Board Resolution, supplemental indenture hereto or Officers’ Certificate delivered pursuant to Section 2.02, except as provided in Section 2.02 or 2.08. Prior to the issuance of Securities of any Series, the Trustee shall have received and (subject to
    Section 7.02) shall be fully protected in relying on: (a) the Board Resolution, supplemental indenture hereto or Officers’ Certificate establishing the form of the Securities of that Series or of Securities within that Series and the terms of the
    Securities of that Series or of Securities within that Series, (b) an Officers’ Certificate complying with Section 10.04 and (c)(1) an Opinion of Counsel complying with Section 10.04 or (2) an Opinion of Counsel (or reliance letter with respect to an
    Opinion of Counsel) that the Securities have been duly authorized, executed and delivered by the Company and such Securities will constitute valid and binding obligations of the Company, enforceable against the Company in accordance with its terms. The
    Trustee may appoint an authenticating agent acceptable to the Company to authenticate Securities. An authenticating agent may authenticate Securities whenever the Trustee may do so. Each reference in this Indenture to authentication by the Trustee
    includes authentication by such agent. An authenticating agent has the same rights as an Agent to deal with the Company or an Affiliate of the Company.

   

  

  

   

  

  

  
    

    6

    
      

    

  

   

   

  Section 2.04 Registrar and Paying Agent. The
    Company shall maintain, with respect to each Series of Securities, at the place or places specified with respect to such Series pursuant to Section 2.02, an office or agency where Securities of such Series may be presented or surrendered for payment (“Paying Agent”), and where Securities of such Series may be surrendered for registration of transfer or exchange (“Registrar”). The Registrar shall keep a register with respect to each Series of Securities and of their transfer and exchange. The Company hereby appoints the Trustee as Paying
    Agent and Registrar. The Company will give prompt written notice to the Trustee of the name and address, and any change in the name or address, of each Registrar or Paying Agent. The Company may also from time to time designate one or more
    co-registrars or additional paying agents and may from time to time rescind such designations; provided, however, that no such designation or rescission shall in any manner relieve the Company of its obligations to maintain a Registrar and a Paying
    Agent in each place so specified pursuant to Section 2.02 for Securities of any Series for such purposes. The Company will give prompt written notice to the Trustee of any such designation or rescission and of any change in the name or address of any
    such co-registrar or additional paying agent. The term “Registrar” includes any co-registrar; and the term “Paying Agent” includes any additional paying agent. The Company hereby appoints the Trustee as the initial Registrar and Paying Agent for each
    Series unless another Registrar or Paying Agent, as the case may be, is appointed prior to the time Securities of that Series are first issued.

   

  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 Securities, or the Trustee, all money held by the Paying Agent
    for the payment of principal of or interest on the Series of Securities, and will notify the Trustee 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. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiary of the Company) shall have no
    further liability for the money. If the Company or a Subsidiary of the Company acts as Paying Agent, it shall segregate and hold in a separate trust fund for the benefit of Holders of any Series of Securities all money held by it as Paying Agent. Upon
    an Event of Default under Section 6.01(d) or (e), the Trustee shall be the Paying Agent.

   

  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 Securities 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 ten (10) 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 Securities.

   

  Section 2.07 Transfer and Exchange. Where
    Securities of a Series are presented to the Registrar or a co-registrar with a request to register a transfer or to exchange them for an equal principal amount of Securities of the same Series, the Registrar shall register the transfer or make the
    exchange if its requirements for such transactions are met. To permit registrations of transfers and exchanges, the Trustee shall authenticate Securities at the Registrar’s request. No service charge shall be made for any registration of transfer or
    exchange (except as otherwise expressly permitted herein), but the 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 9.06). Neither the Company nor the Registrar shall be required (a) to issue, register the transfer of, or exchange Securities of any Series for the period beginning at the
    opening of business fifteen days immediately preceding the delivery of a notice of redemption of Securities of that Series selected for redemption and ending at the close of business on the day of such delivery, or (b) to register the transfer of or
    exchange Securities of any Series selected, called or being called for redemption as a whole or the portion being redeemed of any such Securities selected, called or being called for redemption in part.

   

  

  

   

  

  

  
    

    7

    
      

    

  

   

   

  Section 2.08 Mutilated, Destroyed, Lost and Stolen Securities.

   

  (a) If any mutilated Security is surrendered to the Trustee, the Company shall execute and the Trustee shall authenticate and make
    available for delivery in exchange therefor a new Security of the same Series and of like tenor and principal amount and bearing a number not contemporaneously outstanding. If there shall be delivered to the Company and the Trustee (i) evidence to
    their satisfaction of the destruction, loss or theft of any Security and (ii) such security or indemnity as may be required by them to save each of them and any agent of either of them harmless, then, in the absence of notice to the Company or the
    Trustee that such Security has been acquired by a protected purchaser, the Company shall execute and upon its request the Trustee shall authenticate and make available for delivery, in lieu of any such destroyed, lost or stolen Security, a new Security
    of the same Series and of like tenor and principal amount and bearing a number not contemporaneously outstanding. In case any such mutilated, destroyed, lost or stolen Security has become due and payable, the Company in its discretion may, instead of
    issuing a new Security, pay such Security.

   

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

   

  Section 2.09 Outstanding Securities. The
    Securities outstanding at any time are all the Securities authenticated by the Trustee except for those canceled by it, those delivered to it for cancellation, those reductions in the interest on a Global Security effected by the Trustee in accordance
    with the provisions hereof and those described in this Section as not outstanding. If a Security is replaced pursuant to Section 2.08, it ceases to be outstanding until the Trustee receives proof satisfactory to it that the replaced Security is held by
    a protected purchaser. If the Paying Agent (other than the Company, a Subsidiary of the Company or an Affiliate of the Company) holds on the Maturity of Securities of a Series money sufficient to pay such Securities payable on that date, then on and
    after that date such Securities of the Series cease to be outstanding and interest on them ceases to accrue. A Security does not cease to be outstanding because the Company or an Affiliate of the Company holds the Security. In determining whether the
    Holders of the requisite principal amount of outstanding Securities have given any request, demand, authorization, direction, notice, consent or waiver hereunder, the principal amount of a Discount Security that shall be deemed to be outstanding for
    such purposes shall be the amount of the principal thereof that would be due and payable as of the date of such determination upon a declaration of acceleration of the Maturity thereof pursuant to Section 6.02.

   

  Section 2.10 Treasury Securities. In
    determining whether the Holders of the required principal amount of Securities of a Series have concurred in any request, demand, authorization, direction, notice, consent or waiver, Securities of a Series owned by the Company shall be disregarded,
    except that for the purposes of determining whether the Trustee shall be protected in relying on any such request, demand, authorization, direction, notice, consent or waiver, only Securities of a Series that a Responsible Officer of the Trustee knows
    are so owned shall be so disregarded.

   

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

   

  

  

   

  

  

  
    

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  Section 2.12 Cancellation. The
    Company at any time may deliver Securities to the Trustee for cancellation. The Registrar and the Paying Agent shall forward to the Trustee any Securities surrendered to them for registration of transfer, exchange or payment. The Trustee shall cancel
    all Securities surrendered for registration of transfer, exchange, payment, replacement or cancellation in accordance with its customary procedures. The Company may not issue new Securities to replace Securities that it has paid or delivered to the
    Trustee for cancellation.

   

  Section 2.13 Defaulted Interest. If
    the Company defaults in a payment of interest on a Series of Securities, it shall pay the defaulted interest at the rate established for the particular Series, if any, plus, to the extent permitted by law, any interest payable on the defaulted
    interest, to the persons who are Holders of the Series on a subsequent special record date. The Company shall fix the special record date and payment date; provided that if no rate for defaulted interest is specified for any Series of Securities, then
    the defaulted interest rate shall be the interest rate specified for such Series of Securities. At least ten (10) days before the special record date, the Company shall deliver to the Trustee and to each Holder of the Series a notice that states the
    record date, the related payment date and the amount of interest to be paid. The Company may also pay defaulted interest in any other lawful manner.

   

  Section 2.14 Global Securities.

   

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

   

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

   

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

   

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

   

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

   

  (e) 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.

   

  (f) 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 Security shall be made to the Holder thereof.

   

  

  

   

  

  

  
    

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

   

  (h) The Depositary or its nominee, as registered owner of a Global Security, shall be the Holder of such Global Security for all purposes
    under the Indenture and the Securities, and owners of beneficial interests in a Global Security shall hold such interests pursuant to the Applicable Procedures. Accordingly, any such owner’s beneficial interest in a Global Security will be shown only
    on, and the transfer of such interest shall be effected only through, records maintained by the Depositary or its nominee and such owners of beneficial interests in a Global Security will not be considered the owners or holders thereof. Notwithstanding
    any other provision of this Indenture or any Security, where this Indenture or any Global Security provides for notice of any event (including any notice of redemption or repurchase) to a Holder of a Global Security (whether by mail or otherwise), such
    notice shall be sufficiently given if given to the Depositary (or its designee) pursuant to the standing instructions from the Depositary or its designee, including by electronic mail in accordance with applicable Depositary procedures.

   

  Section 2.15 CUSIP Numbers. The
    Company in issuing the Securities may use “CUSIP” numbers (if then generally in use), and, if so, the Trustee shall use “CUSIP” numbers in notices of redemption as a convenience to Holders; provided that any such notice may state that no representation
    is made as to the correctness of such numbers either as printed on the Securities or as contained in any notice of a redemption and that reliance may be placed only on the other elements of identification printed on the Securities, and any such
    redemption shall not be affected by any defect in or omission of such numbers. The Company shall promptly notify the Trustee of any change in “CUSIP” numbers of which the Company becomes aware.

    

  ARTICLE III

  REDEMPTION

   

  Section 3.01 Notice to Trustee. The
    Company may, with respect to any Series of Securities, reserve the right to redeem and pay the Series of Securities or may covenant to redeem and pay the Series of Securities or any part thereof prior to the Stated Maturity thereof at such time and on
    such terms as provided for in such Securities. If a Series of Securities is redeemable and the Company wants or is obligated to redeem prior to the Stated Maturity thereof all or part of the Series of Securities pursuant to the terms of such
    Securities, it shall notify the Trustee of the redemption date and the principal amount of the Series of Securities to be redeemed.

   

  Section 3.02 Selection of Securities to be
      Redeemed. Unless otherwise indicated for a particular Series by a Board Resolution, a supplemental indenture or an Officers’ Certificate, if less than all the Securities of a Series are to be redeemed, the Trustee shall select the Securities
    of the Series to be redeemed in any manner that the Trustee deems fair and appropriate. The Trustee shall make the selection from Securities of the Series outstanding not previously called for redemption. Securities of a Series and portions selected
    for redemption shall be in amounts of $1,000 or whole multiples of $1,000 or, with respect to Securities of any Series issuable in other denominations pursuant to Section 2.02(j), the minimum principal denomination for each Series and integral
    multiples thereof. Provisions of this Indenture that apply to Securities of a Series called for redemption also apply to portions of Securities of that Series called for redemption. The Trustee shall not be liable for the selection made in accordance
    with this Section 3.02.

   

  Section 3.03 Notice of Redemption.

   

  (a) Unless otherwise specified for a particular Series by a Board Resolution, a supplemental indenture or an Officers’ Certificate, at
    least 30 days but not more than 60 days before a redemption date, the Company shall deliver notice of redemption to each Holder whose Securities are to be redeemed. The notice shall identify the Securities of the Series to be redeemed and shall state:

   

  (i) the redemption date;

   

  

  

   

  

  

  
    

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  (ii) the redemption price or the manner of the calculation of the redemption price;

   

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

   

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

   

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

   

  (vi) the CUSIP number, if any; and

   

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

   

  At the Company’s request, the Trustee shall give the notice of redemption in the Company’s name and at its expense; provided that the
    Company shall have delivered to the Trustee, at least five Business Days (or such shorter period as the Trustee may consent to in writing) before notice of redemption is required to be delivered or caused to be delivered to Holders pursuant to this
    Section 3.03, an Officers’ Certificate of the Company requesting that the Trustee give such notice and setting forth the information to be stated in such notice as provided in the preceding paragraph.

   

  Section 3.04 Effect of Notice of
      Redemption. Once notice of redemption is delivered as provided in Section 3.03, Securities of a Series called for redemption become due and payable on the redemption date and at the redemption price. A notice of redemption may not be
    conditional. Upon surrender to the Paying Agent, such Securities shall be paid at the redemption price plus accrued interest to the redemption date; provided that installments of interest whose Stated Maturity is on or prior to the redemption date
    shall be payable to the Holders of such Securities (or one or more predecessor Securities) registered at the close of business on the relevant record date therefor according to their terms and the terms of this Indenture.

   

  Section 3.05 Deposit of Redemption Price. Unless
    otherwise indicated for a particular Series by a Board Resolution, a supplemental indenture or an Officers’ Certificate, on or before 11:00 a.m., New York City time, on the redemption date, the Company shall deposit with the Paying Agent money
    sufficient to pay the redemption price of and accrued interest, if any, on all Securities to be redeemed on that date.

   

  Section 3.06 Securities Redeemed in Part. Upon
    surrender of a Security that is redeemed in part, the Company shall issue and the Trustee shall authenticate for the Holder a new Security of the same Series and the same maturity equal in principal amount to the unredeemed portion of the Security
    surrendered.

   

  ARTICLE IV

  COVENANTS

   

  Section 4.01 Payment of Principal and
      Interest. The Company covenants and agrees for the benefit of the Holders of each Series of Securities that it will duly and punctually pay the principal of and interest, if any, on the Securities of that Series in accordance with the terms of
    such Securities and this Indenture.

   

  Section 4.02 SEC Reports. Any
    information, documents or other reports that the Company shall file with the Commission pursuant to Section 13 or 15(d) of the Exchange Act shall be filed with the Trustee within 15 days after the same is filed with the Commission; provided that any
    such information, documents or reports filed or furnished with the Commission pursuant to its Electronic Data Gathering, Analysis and Retrieval (or EDGAR) system shall be deemed filed with the Trustee as of the time such information, documents or
    reports are filed or furnished via EDGAR.

   

  Section 4.03 Compliance Certificate. The
    Company shall, so long as any of the Securities are outstanding, deliver to the Trustee, within 120 days after the end of each fiscal year of the Company, an Officers’ Certificate stating whether or not to the knowledge of the signers thereof the
    Company is in default in the performance and observance of any of the terms, provisions and conditions hereof (without regard to any period of grace or requirement of notice provided hereunder), and if a Default or Event of Default shall have occurred,
    specifying all such Defaults or Events of Default and the nature and status thereof of which they may have knowledge.

   

  

  

   

  

  
    

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  Section 4.04 Stay, Extension and Usury
      Laws. The Company covenants (to the extent that it may lawfully do so) that it will not at any time insist upon, plead or in any manner whatsoever claim or take the benefit or advantage of, any stay, extension or usury law wherever enacted,
    now or at any time hereafter in force, which may affect the covenants or the performance of this Indenture or the Securities or any other law that would prohibit or forgive the Company from paying all or any portion of the principal of, or interest on,
    the Securities as contemplated in the Indenture, any indenture supplemental thereto relating to the Securities or the Securities and the Company (to the extent it may lawfully do so) 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, but will suffer and permit the execution of every such power as though no such law has been enacted.

   

  ARTICLE V

  SUCCESSORS

   

  Section 5.01 When Company May Merge, Etc. The
    Company shall not consolidate with or merge with or into, or convey, transfer or lease all or substantially all of its properties and assets to, another person (a “Successor Person”) unless:

   

  (a) the Company is the surviving corporation or the Successor Person (if other than the Company) is organized and validly existing under
    the laws of any U.S. domestic jurisdiction and expressly assumes the Company’s obligations on the Securities and under this Indenture; and

   

  (b) immediately after giving effect to the transaction, no Default or Event of Default shall have occurred and be continuing.

   

  The Company shall deliver to the Trustee prior to the consummation of the proposed transaction an Officers’ Certificate to the foregoing
    effect and an Opinion of Counsel stating that the proposed transaction and any supplemental indenture comply with this Indenture.

   

  Section 5.02 Successor Corporation
      Substituted. Upon any consolidation or merger, or any sale, lease, conveyance or other disposition of all or substantially all of the assets of the Company in accordance with Section 5.01, the successor corporation formed by such consolidation
    or into or with which the Company is merged or to which such sale, lease, conveyance or other disposition is made shall succeed to, and be substituted for, and may exercise every right and power of, the Company under this Indenture with the same effect
    as if such Successor Person has been named as the Company herein; provided, however, that the predecessor Company in the case of a sale, conveyance or other disposition (other than a lease) shall be released from all obligations and covenants under
    this Indenture and the Securities.

   

  ARTICLE VI

  DEFAULTS AND REMEDIES

   

  Section 6.01 Events of Default.

   

  “Event of Default,” wherever used
    herein with respect to Securities of any Series, means any one of the following events, unless in the establishing Board Resolution, supplemental indenture or Officers’ Certificate, it is provided that such Series shall not have the benefit of said
    Event of Default or the terms of such Event of Default have been modified or superceded as set forth in the Board Resolution, supplemental indenture or Officers’ Certificate for such Securities of any Series:

   

  (a) default in the payment of any interest on any Security of that Series when it becomes due and payable, and continuance of such default
    for a period of 30 days (unless the entire amount of such payment is deposited by the Company with the Trustee or with a Paying Agent prior to the expiration of such period of 30 days); or

   

  

  

   

  

  
    

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  (b) default in the payment of principal of any Security of that Series at its Maturity; 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
    for which the consequences of nonperformance or breach are addressed elsewhere in this Section 6.01 and other than a covenant or warranty that has been included in this Indenture solely for the benefit of a Series of Securities other than that Series),
    which default continues uncured for a period of 60 days after there has been given, by registered or certified mail, to the Company by the Trustee or to the Company and the Trustee by the Holders of not less than a majority in principal amount of the
    outstanding Securities of that Series a written notice specifying such default or breach and requiring it to be remedied and stating that such notice is a “Notice of Default” hereunder; or

   

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

   

  (i) commences a voluntary case or proceeding;

   

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

   

  (iii) consents to the appointment of a Custodian of it or for all or substantially all of its property,

   

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

   

  (v) makes an admission in writing that it is generally unable to pay its debts as the same become due; or

   

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

   

  (i) is for relief against the Company in an involuntary case,

   

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

   

  (iii) orders the liquidation of the Company, and the order or decree remains unstayed and in effect for 90 days; or

   

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

   

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

   

  Section 6.02 Acceleration of Maturity;
      Rescission and Annulment. If an Event of Default with respect to Securities of any Series at the time outstanding occurs and is continuing (other than an Event of Default referred to in Section 6.01(d) or (e)), then in every such case the
    Trustee or the Holders of not less than a majority in principal amount of the outstanding Securities of that Series may declare the principal amount (or, if any Securities of that Series are Discount Securities, such portion of the principal amount as
    may be specified in the terms of such Securities) of and accrued and unpaid interest, if any, on all of the Securities of that Series to be due and payable immediately, by a notice in writing to the 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 Securities shall 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 and before a judgment or decree for payment of the money due has been obtained by the Trustee as hereinafter in this Article; provided that the Holders of a majority in principal amount of the
    outstanding Securities of that Series, by written notice to the Company and the Trustee, may rescind and annul such declaration and its consequences if all Events of Default with respect to Securities of that Series, other than the non-payment of the
    principal and interest, if any, of Securities of that Series which have become due solely by such declaration of acceleration, have been cured or waived as provided in Section 6.13. No such rescission shall affect any subsequent Default or impair any
    right consequent thereon.

   

  

  

   

  

  
    

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  Section 6.03 Collection of Indebtedness and Suits for Enforcement by Trustee.

   

  The Company covenants that if:

   

  (a) default is made in the payment of any interest on any Security when such interest becomes due and payable and such default continues
    for a period of 30 days, or

   

  (b) default is made in the payment of principal of any Security at the Maturity thereof, then the Company will, upon demand of the Trustee,
    pay to it, for the benefit of the Holders of such Securities, the whole amount then due and payable on such Securities for principal and interest and, to the extent that payment of such interest shall be legally enforceable, interest on any overdue
    principal and any overdue interest at the rate or rates prescribed therefor in such Securities and, in addition thereto, such further amount as shall be sufficient to cover the costs and expenses of collection, including the reasonable compensation,
    expenses, disbursements and advances of the Trustee, its agents and counsel.

   

  If the Company fails to pay such amounts forthwith upon such demand, the Trustee, in its own name and as trustee of an express trust, may
    institute a judicial proceeding for the collection of the sums so due and unpaid, may prosecute such proceeding to judgment or final decree and may enforce the same against the Company or any other obligor upon such Securities and collect the moneys
    adjudged or deemed to be payable in the manner provided by law out of the property of the Company or any other obligor upon such Securities, wherever situated.

   

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

   

  Section 6.04 Trustee May File Proofs of
      Claim. In case of the pendency of any receivership, insolvency, liquidation, bankruptcy, reorganization, arrangement, adjustment, composition or other judicial proceeding relative to the Company or any other obligor upon the Securities or the
    property of the Company or of such other obligor or their creditors, the Trustee (irrespective of whether the principal of the Securities shall then be due and payable as therein expressed or by declaration or otherwise and irrespective of whether the
    Trustee shall have made any demand on the Company for the payment of overdue principal or interest) shall be entitled and empowered, by intervention in such proceeding or otherwise, (a) to file and prove a claim for the whole amount of principal and
    interest owing and unpaid in respect of the Securities and to file such other papers or documents as may be necessary or advisable in order to have the claims of the Trustee (including any claim for the reasonable compensation, expenses, disbursements
    and advances of the Trustee, its agents and counsel) and of the Holders allowed in such judicial proceeding, and (b) to collect and receive any moneys or other property payable or deliverable on any such claims and to distribute the same, and any
    custodian, receiver, assignee, trustee, liquidator, sequestrator or other similar official in any such judicial proceeding is hereby authorized by each Holder to make such payments to the Trustee and, in the event that the Trustee shall consent to the
    making of such payments directly to the Holders, to pay to the Trustee any amount due it for the reasonable compensation, expenses, disbursements and advances of the Trustee, its agents and counsel, and any other amounts due the Trustee under Section
    7.07. Nothing herein contained shall be deemed to authorize the Trustee to authorize or consent to or accept or adopt on behalf of any Holder any plan of reorganization, arrangement, adjustment or composition affecting the Securities or the rights of
    any Holder thereof or to authorize the Trustee to vote in respect of the claim of any Holder in any such proceeding.

   

  Section 6.05 Trustee May Enforce Claims
      Without Possession of Securities. All rights of action and claims under this Indenture or the Securities may be prosecuted and enforced by the Trustee without the possession of any of the Securities or the production thereof in any proceeding
    relating thereto, and any such proceeding instituted by the Trustee shall be brought in its own name as trustee of an express trust, and any recovery of judgment shall, after provision for the payment of the reasonable compensation, expenses,
    disbursements and advances of the Trustee, its agents and counsel, be for the ratable benefit of the Holders of the Securities in respect of which such judgment has been recovered.

   

  

  

   

  

  
    

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  Section 6.06 Application of Money Collected.

   

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

   

  First: To the payment of all amounts due the Trustee under Section 7.07; and

   

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

   

  Third: To the Company.

   

  Section 6.07 Limitation on Suits. No
    Holder of any Security of any Series shall have any right to institute any proceeding, judicial or otherwise, with respect to this Indenture, or for the appointment of a receiver or trustee, or for any other remedy hereunder, unless:

   

  (a) such Holder has previously given written notice to the Trustee of a continuing Event of Default with respect to the Securities of that
    Series;

   

  (b) the Holders of at least a majority in principal amount of the outstanding Securities of that Series shall have made written request to
    the Trustee to institute proceedings in respect of such Event of Default in its own name as Trustee hereunder;

   

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

   

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

   

  (e) no direction inconsistent with such written request has been given to the Trustee during such 60-day period by the Holders of a
    majority in principal amount of the outstanding Securities of that Series;

   

  it being understood and intended that no one or more of such Holders shall have any right in any manner whatever by virtue of, or by availing of, any provision
    of this Indenture to affect, disturb or prejudice the rights of any other of such Holders, or to obtain or to seek to obtain priority or preference over any other of such Holders or to enforce any right under this Indenture, except in the manner herein
    provided and for the equal and ratable benefit of all such Holders.

   

  Section 6.08 Unconditional Right of Holders
      to Receive Principal and Interest. Notwithstanding any other provision in this Indenture, the Holder of any Security shall have the right, which is absolute and unconditional, to receive payment of the principal of and interest, if any, on
    such Security on the Stated Maturity or Stated Maturities expressed in such Security (or, in the case of redemption, on the redemption date) and to institute suit for the enforcement of any such payment, and such rights shall not be impaired without
    the consent of such Holder.

   

  Section 6.09 Restoration of Rights and
      Remedies. If the Trustee or any Holder has instituted any proceeding to enforce any right or remedy under this Indenture and such proceeding has been discontinued or abandoned for any reason, or has been determined adversely to the Trustee or
    to such Holder, then and in every such case, subject to any determination in such proceeding, the Company, the Trustee and the Holders shall be restored severally and respectively to their former positions hereunder and thereafter all rights and
    remedies of the Trustee and the Holders shall continue as though no such proceeding had been instituted.

   

  

  

   

  

  
    

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  Section 6.10 Rights and Remedies
      Cumulative. Except as otherwise provided with respect to the replacement or payment of mutilated, destroyed, lost or stolen Securities in Section 2.08, no right or remedy herein conferred upon or reserved to the Trustee or to the Holders is
    intended to be exclusive of any other right or remedy, and every right and remedy shall, to the extent permitted by law, be cumulative and in addition to every other right and remedy given hereunder or now or hereafter existing at law or in equity or
    otherwise. The assertion or employment of any right or remedy hereunder, or otherwise, shall not, to the extent permitted by law, prevent the concurrent assertion or employment of any other appropriate right or remedy.

   

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

   

  Section 6.12 Control by Holders. Subject
    to Section 7.02(f), the Holders of a majority in principal amount of the outstanding Securities of any Series shall have the right to direct the time, method and place of conducting any proceeding for any remedy available to the Trustee, or exercising
    any trust or power conferred on the Trustee, with respect to the Securities of such Series, provided that:

   

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

   

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

   

  (c) subject to the provisions of Section 7.01, the Trustee shall have the right to decline to follow any such direction if the Trustee in
    good faith shall, by a Responsible Officer of the Trustee, determine that the proceeding so directed would involve the Trustee in personal liability.

   

  Section 6.13 Waiver of Past Defaults. The
    Holders of not less than a majority in principal amount of the outstanding Securities of any Series may on behalf of the Holders of all the Securities of such Series waive any past Default hereunder with respect to such Series and its consequences,
    except a Default (i) in the payment of the principal of or interest on any Security of such Series (provided, however, that the Holders of a majority in principal amount of the outstanding Securities of any Series may rescind an acceleration and its
    consequences, including any related payment default that resulted from such acceleration) or (ii) in respect of a covenant or provision hereof which cannot be modified or amended without the consent of the Holder of each outstanding Security of such
    Series affected. Upon any such waiver, such Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other
    Default or impair any right consequent thereon.

   

  Section 6.14 Undertaking for Costs. All
    parties to this Indenture agree, and each Holder of any Security by his acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in
    any suit against the Trustee for any action taken, suffered or omitted by it as Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs,
    including reasonable attorneys’ fees, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; but the provisions of this Section shall not apply to any suit
    instituted by the Company, to any suit instituted by the Trustee, to any suit instituted by any Holder, or group of Holders, holding in the aggregate more than 10% in principal amount of the outstanding Securities of any Series, or to any suit
    instituted by any Holder for the enforcement of the payment of the principal of or interest on any Security on or after the Stated Maturity or Stated Maturities expressed in such Security (or, in the case of redemption, on the redemption date).

   

  

  

   

  

  
    

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  ARTICLE VII  

  TRUSTEE

   

  Section 7.01 Duties of Trustee.

   

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

   

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

   

  (i) The Trustee need perform only those duties that are specifically set forth in this Indenture and no others and no implied covenants or
    obligations shall be read into this Indenture against the Trustee.

   

  (ii) In the absence of bad faith on its part, the Trustee may conclusively rely and is fully protected, as to the truth of the statements
    and the correctness of the opinions expressed therein, upon Officers’ Certificates or Opinions of Counsel furnished to the Trustee and conforming to the requirements of this Indenture; however, in the case of any such Officers’ Certificates or Opinions
    of Counsel which by any provisions hereof are specifically required to be furnished to the Trustee, the Trustee shall examine such Officers’ Certificates and Opinions of Counsel 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 therein) .

   

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

   

  (i) This paragraph does not limit the effect of paragraph (b) of this Section.

   

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

   

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

   

  (d) Every provision of this Indenture that in any way relates to the Trustee is subject to paragraph (a), (b) and (c) of this Section.

   

  (e) The Trustee may refuse to perform any duty or exercise any right or power at the request or direction of any Holder unless it receives
    indemnity reasonably satisfactory to it against any loss, liability or expense.

   

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

   

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

   

  (h) The rights, privileges, protections, immunities and benefits given to the Trustee, including the right to be indemnified, are extended
    to, and shall be enforceable by the Trustee in each of its capacities hereunder and to its agents. The provisions set forth in paragraphs (a), (b) and (c) of this Section shall apply to the Trustee in each of its capacities hereunder and its agents.

   

  

  

   

  

  
    

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  Section 7.02 Rights of Trustee.

   

  (a) The Trustee may conclusively rely on and shall be protected in acting or refraining from acting 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 at the direction of the Company, it may require an Officers’ Certificate. The Trustee
    shall not be liable for any action it takes or omits to take in good faith in reliance on such Officers’ Certificate.

   

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

   

  (d) The Trustee shall not be liable for any action it takes or omits to take in good faith which it believes to be authorized or within its
    rights or powers, provided that the Trustee’s conduct does not constitute negligence or willful misconduct.

   

  (e) The Trustee may consult with counsel, and the advice of such counsel or any Opinion of Counsel shall be full and complete authorization
    and protection in respect of any action taken, suffered or omitted by it hereunder without negligence and in good faith and in reliance thereon.

   

  (f) The Trustee shall be under no obligation to exercise any of the rights or powers vested in it by this Indenture at the request or
    direction of any of the Holders of Securities unless such Holders shall have offered to the Trustee security or indemnity satisfactory to it against the costs, expenses and liabilities which might be incurred by it in compliance with such request or
    direction.

   

  (g) The Trustee shall not be bound to make any investigation into the facts or matters stated in any resolution, certificate, statement,
    instrument, opinion, report, notice, request, direction, consent, order, bond, debenture, note, other evidence of indebtedness or other paper or document believed by the Trustee to be genuine and to have been signed or delivered by the proper person.

   

  (h) The Trustee shall not be deemed to have notice of any Default or Event of Default, other than a failure by the Company to make any
    payment hereunder when due if the Trustee is the Paying Agent, unless a Responsible Officer of the Trustee has actual knowledge thereof or unless written notice of any event which is in fact such a default is received by the Trustee at the Corporate
    Trust Office of the Trustee, and such notice references the Securities generally or the Securities of a particular Series and this Indenture and states that it is a “notice of default.”

   

  (i) The permissive rights of the Trustee enumerated herein shall not be construed as duties.

   

  (j) In no event shall the Trustee be responsible or liable for any special, indirect, punitive, incidental or consequential loss or damage
    of any kind whatsoever (including, but not limited to, lost profits) irrespective of whether the Trustee has been advised of the likelihood of such loss or damage and regardless of the form of action.

   

  (k) Neither the Trustee nor any Agent shall be responsible or liable for any failure or delay in the performance of its obligation under
    this Indenture arising out of or caused, directly or indirectly, by circumstances beyond its reasonable control, including, without limitation, acts of God; earthquakes; fire; flood; wars; acts of terrorism; civil or military disturbances; sabotage;
    epidemic; riots; interruptions, loss or malfunctions of utilities, computer (hardware or software) or communications services; accidents; labor disputes; acts of civil or military authority or governmental action; it being understood that each of the
    Trustee and Agents shall use commercially reasonable efforts which are consistent with accepted practices in the banking industry to resume performance as soon as reasonably practicable under the circumstances.

   

  (l) The Trustee shall not be required to give any bond or surety in respect of the performance of its powers and duties hereunder.

   

  Section 7.03 Individual Rights of Trustee. The
    Trustee in its individual or any other capacity may become the owner or pledgee of Securities and may otherwise deal with the Company or an Affiliate of the Company with the same rights it would have if it were not Trustee. Any Agent may do the same
    with like rights. The Trustee is also subject to Sections 7.10 and 7.11.

   

  

  

   

  

  
    

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  Section 7.04 Trustee’s Disclaimer. The
    Trustee makes no representation as to the validity or adequacy of this Indenture or the Securities, it shall not be accountable for the Company’s use of the proceeds from the Securities, and it shall not be responsible for any statement in the
    Securities other than its authentication.

   

  Section 7.05 Notice of Defaults. If
    a Default or Event of Default occurs and is continuing with respect to the Securities of any Series and if it is known to a Responsible Officer of the Trustee, the Trustee shall deliver to each Holder of the Securities of that Series notice of a
    Default or Event of Default within 90 days after it occurs or, if later, after a Responsible Officer of the Trustee has knowledge of such Default or Event of Default. Except in the case of a Default or Event of Default in payment of principal of or
    interest on any Security of any Series, the Trustee may withhold the notice if and so long as it in good faith determines that withholding the notice is in the interests of Holders of that Series.

   

  Section 7.06 Reports by Trustee to Holders. Within
    60 days after March 15 in each year, the Trustee shall transmit by deliver to all Holders, as their names and addresses appear on the register kept by the Registrar a brief report dated as of such March 15, in accordance with, and to the extent
    required under, TIA Section 313. A copy of each report at the time of its delivery to Holders of any Series shall be filed with the SEC and each stock exchange on which the Securities of that Series are listed. The Company shall promptly notify the
    Trustee when Securities of any Series are listed on any stock exchange.

   

  Section 7.07 Compensation and Indemnity. The
    Company shall pay to the Trustee from time to time compensation for its services as the Company and the Trustee shall from time to time agree upon in writing. The Trustee’s compensation shall not be limited by any law on compensation of a trustee of an
    express trust. The Company shall reimburse the Trustee upon request for all reasonable out-of-pocket expenses incurred by it. Such expenses shall include the reasonable compensation and expenses of the Trustee’s agents and counsel. The Company shall
    indemnify each of the Trustee and any predecessor Trustee (including the cost of defending itself) against any loss, liability or expense, including taxes (other than taxes based upon, measured by or determined by the income of the Trustee) incurred by
    it except as set forth in this Section 7.07 in the performance of its duties under this Indenture as Trustee or Agent. The Trustee shall notify the Company promptly of any claim for which it may seek indemnity. Failure or delay by the Trustee to so
    notify the Company of any claim for which it may seek indemnity shall not relieve the Company of its obligations hereunder except to the extent such failure or delay shall have materially prejudiced the Company. The Company shall defend the claim and
    the Trustee shall cooperate in the defense. The Trustee may have one separate counsel and the Company shall pay the reasonable fees and expenses of such counsel. The Company need not pay for any settlement made without its consent, which consent shall
    not be unreasonably withheld. This indemnification shall apply to officers, directors, employees, shareholders and agents of the Trustee. The Company need not reimburse any expense or indemnify against any loss or liability incurred by the Trustee or
    by any officer, director, employee, shareholder or agent of the Trustee through the gross negligence or willful misconduct of any such persons as determined by a final order of a court of competent jurisdiction. When the Trustee incurs expenses or
    renders services after an Event of Default specified in Section 6.01(d) or (e) occurs, the expenses and the compensation for the services are intended to constitute expenses of administration under any insolvency, bankruptcy or similar law. The
    provisions of this Section shall survive the resignation or removal of the Trustee and the termination or discharge of this Indenture.

   

  Section 7.08 Replacement of Trustee. A
    resignation or removal of the Trustee and appointment of a successor Trustee shall become effective only upon the successor Trustee’s acceptance of appointment as provided in this Section. The Trustee may resign with respect to the Securities of one or
    more Series by so notifying the Company at least 30 days prior to the date of the proposed resignation. The Holders of a majority in principal amount of the Securities of any Series may remove the Trustee with respect to that Series by so notifying the
    Trustee and the Company. The Company may remove the Trustee with respect to Securities of one or more Series if:

   

  (a) the Trustee fails to comply with Section 7.10;

   

  (b) the Trustee is adjudged bankrupt or insolvent or an order for relief is entered with respect to the Trustee under any insolvency,
    bankruptcy or similar law;

   

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

   

  (d) the Trustee becomes incapable of acting.

   

  

  

   

  

  
    

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  If the Trustee resigns or is removed or if a vacancy exists in the office of Trustee for any reason, the Company shall promptly appoint a
    successor Trustee.

   

  If a successor Trustee with respect to the Securities of any one or more Series does not take office within 60 days after the retiring
    Trustee resigns or is removed, the retiring Trustee, the Company or the Holders of at least a majority in principal amount of the Securities of the applicable Series may petition any court of competent jurisdiction for the appointment of a successor
    Trustee.

   

  A successor Trustee shall deliver a written acceptance of its appointment to the retiring Trustee and to the Company. Immediately after
    that, the retiring Trustee shall transfer all property held by it as Trustee to the successor Trustee subject to the lien provided for in Section 7.07, the resignation or removal of the retiring Trustee shall become effective, and the successor Trustee
    shall have all the rights, powers and duties of the Trustee with respect to each Series of Securities for which it is acting as Trustee under this Indenture. A successor Trustee shall deliver a notice of its succession to each Holder of each such
    Series. Notwithstanding replacement of the Trustee pursuant to this Section 7.08, the Company’s obligations under Section 7.07 hereof shall continue for the benefit of the retiring Trustee with respect to expenses and liabilities incurred by it prior
    to the date of such replacement.

   

  Section 7.09 Successor Trustee by Merger,
      etc. If the Trustee consolidates with, merges or converts into, or transfers all or substantially all of its corporate trust business (including administration of this Indenture) to, another corporation, the successor corporation without any
    further act shall be the successor Trustee.

   

  Section 7.10 Eligibility; Disqualification. This
    Indenture shall always have a Trustee who satisfies the requirements of TIA Section 310(a)(1), (2) and (5) and has a combined capital and surplus of at least $50,000,000. The Trustee shall comply with TIA Section 310(b).

   

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

   

  ARTICLE VIII

  SATISFACTION AND DISCHARGE; DEFEASANCE

   

  Section 8.01 Satisfaction and Discharge of Indenture.

   

  This Indenture shall upon Company Order cease to be of further effect (except as hereinafter provided in this Section 8.01), and the
    Trustee, at the expense of the Company, shall execute proper instruments acknowledging satisfaction and discharge of this Indenture, when

   

  (a) any of the following shall have occurred:

   

  (i) no Securities have been issued hereunder;

   

  (ii) all Securities theretofore authenticated and delivered (other than Securities that have been destroyed, lost or stolen and that have
    been replaced or paid) have been delivered to the Trustee for cancellation; or

   

  

  

   

  

  
    

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  (iii) all such Securities not theretofore delivered to the Trustee for cancellation (1) have become due and payable, or (2) will become due
    and payable at their Stated Maturity within one year, or (3) are to be called for redemption within one year under arrangements satisfactory to the Trustee for the giving of notice of redemption by the Trustee in the name, and at the expense, of the
    Company; and the Company has irrevocably deposited or caused to be deposited with the Trustee as trust funds in trust an amount sufficient for the purpose of paying and discharging the entire indebtedness on such Securities not theretofore delivered to
    the Trustee for cancellation, for principal and interest to the date of such deposit (in the case of Securities which have become due and payable on or prior to the date of such deposit) or to the Stated Maturity or redemption date, as the case may be;

   

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

   

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

   

  Notwithstanding the satisfaction and discharge of this Indenture, the obligations of the Company to the Trustee under Section 7.07 and, if money shall have been
    deposited with the Trustee pursuant to clause (a) of this Section, the provisions of Sections 2.04, 2.05, 2.07, 2.08, 8.01, 8.02 and 8.05 shall survive.

   

  Section 8.02 Application of Trust Funds; Indemnification.

   

  (a) Subject to the provisions of Section 8.05, all money deposited with the Trustee pursuant to Section 8.01, all money and U.S. Government
    Obligations or Foreign Government Obligations deposited with the Trustee pursuant to Section 8.03 or 8.04 and all money received by the Trustee in respect of U.S. Government Obligations or Foreign Government Obligations deposited with the Trustee
    pursuant to Section 8.03 or 8.04, shall be held in trust and applied by it, in accordance with the provisions of the Securities and this Indenture, to the payment, either directly or through any Paying Agent (other than the Company acting as its own
    Paying Agent) as the Trustee may determine, to the persons entitled thereto, of the principal and interest for whose payment such money has been deposited with or received by the Trustee or analogous payments as contemplated by Sections 8.03 or 8.04.

   

  (b) The Company shall pay and shall indemnify the Trustee against any tax, fee or other charge imposed on or assessed against U.S.
    Government Obligations or Foreign Government Obligations deposited pursuant to Sections 8.03 or 8.04 or the interest and principal received in respect of such obligations other than any payable by or on behalf of Holders.

   

  (c) The Trustee shall deliver or pay to the Company from time to time upon Company Request any U.S. Government Obligations or Foreign
    Government Obligations or money held by it as provided in Sections 8.03 or 8.04 which, in the opinion of a nationally recognized firm of independent certified public accountants expressed in a written certification thereof delivered to the Trustee, are
    then in excess of the amount thereof which then would have been required to be deposited for the purpose for which such U.S. Government Obligations or Foreign Government Obligations or money were deposited or received. This provision shall not
    authorize the sale by the Trustee of any U.S. Government Obligations or Foreign Government Obligations held under this Indenture.

   

  Section 8.03 Legal Defeasance of Securities
      of any Series. Unless this Section 8.03 is otherwise specified, pursuant to Section 2.02(s), to be inapplicable to Securities of any Series, the Company shall be deemed to have paid and discharged the entire indebtedness on all the outstanding
    Securities of any Series on the 91st day after the date of the deposit referred to in subparagraph (d) hereof, and the provisions of this Indenture, as it relates to such outstanding Securities of such Series, shall no longer be in effect (and the
    Trustee, at the expense of the Company, shall, at Company Request, execute such instruments reasonably requested by the Company acknowledging the same), except as to:

   

  (a) the rights of Holders of Securities of such Series to receive, from the trust funds described in subparagraph (d) hereof, (i) payment
    of the principal of and each installment of principal of and interest on the outstanding Securities of such Series on the Stated Maturity of such principal or installment of principal or interest, and (ii) the benefit of any mandatory sinking fund
    payments applicable to the Securities of such Series on the day on which such payments are due and payable in accordance with the terms of this Indenture and the Securities of such Series; and

   

  (b) the provisions of Sections 2.04, 2.05, 2.07, 2.08, 8.02, 8.03 and 8.05; and

   

  (c) the rights, powers, trust and immunities of the Trustee hereunder; provided that, the following conditions shall have been satisfied:

   

  

  

   

  

  
    

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  (d) with reference to this Section 8.03, the Company shall have deposited or caused to be irrevocably deposited (except as provided in
    Section 8.02(c)) with the Trustee as trust funds in trust for the purpose of making the following payments, specifically pledged as security for and dedicated solely to the benefit of the Holders of such Securities (i) in the case of Securities of such
    Series denominated in Dollars, cash in Dollars and/or U.S. Government Obligations, or (ii) in the case of Securities of such Series denominated in a Foreign Currency (other than a composite currency), money and/or Foreign Government Obligations, which
    through the payment of interest and principal in respect thereof in accordance with their terms, will provide (and without reinvestment and assuming no tax liability will be imposed on such Trustee), not later than one day before the due date of any
    payment of money, an amount in cash, sufficient, in the opinion of a nationally recognized firm of independent public accountants expressed in a written certification thereof delivered to the Trustee, to pay and discharge each installment of principal
    of and interest, if any, on and any mandatory sinking fund payments in respect of all the Securities of such Series on the dates such installments of interest or principal and such sinking fund payments are due;

   

  (e) such deposit will not result in a breach or violation of, or constitute a default under, this Indenture or any other agreement or
    instrument to which the Company is a party or by which it is bound;

   

  (f) no Default or Event of Default with respect to the Securities of such Series shall have occurred and be continuing on the date of such
    deposit or during the period ending on the 91st day after such date;

   

  (g) the Company shall have delivered to the Trustee an Officers’ Certificate and an Opinion of Counsel to the effect that (i) the Company
    has received from, or there has been published by, the Internal Revenue Service a ruling, or (ii) since the date of execution of this Indenture, there has been a change in the applicable Federal income tax law, in either case to the effect that, and
    based thereon such Opinion of Counsel shall confirm that, the Holders of the Securities of such Series will not recognize income, gain or loss for Federal income tax purposes as a result of such deposit, defeasance and discharge and will be subject to
    Federal income tax on the same amounts and in the same manner and at the same times as would have been the case if such deposit, defeasance and discharge had not occurred;

   

  (h) the Company shall have delivered to the Trustee an Officers’ Certificate stating that the deposit was not made by the Company with the
    intent of preferring the Holders of the Securities of such Series over any other creditors of the Company or with the intent of defeating, hindering, delaying or defrauding any other creditors of the Company;

   

  (i) the Company shall have delivered to the Trustee an Officers’ Certificate and an Opinion of Counsel, each stating that all conditions
    precedent provided for relating to the defeasance contemplated by this Section have been complied with; and

   

  (j) such defeasance shall not result in the trust arising from such deposit constituting an investment company within the meaning of the
    Investment Company Act of 1940, as amended, unless such trust shall be registered under such Act or exempt from registration thereunder.

   

  Section 8.04 Covenant Defeasance. Unless
    this Section 8.04 is otherwise specified, pursuant to Section 2.02(s), to be inapplicable to Securities of any Series, on and after the 91st day after the date of the deposit referred to in subparagraph (a) hereof, the Company may omit to comply with
    respect to the Securities of any Series with any term, provision or condition set forth under Sections 4.02, 4.03, and 5.01 as well as any additional covenants specified in a supplemental indenture for such Series of Securities or a Board Resolution or
    an Officers’ Certificate delivered pursuant to Section 2.02 (and the failure to comply with any such covenants shall not constitute a Default or Event of Default with respect to such Series under Section 6.01) and the occurrence of any event specified
    in a supplemental indenture for such Series of Securities or a Board Resolution or an Officers’ Certificate delivered pursuant to Section 2.02 and designated as an Event of Default shall not constitute a Default or Event of Default hereunder, with
    respect to the Securities of such Series, provided that the following conditions shall have been satisfied:

   

  (a) with reference to this Section 8.04, the Company has deposited or caused to be irrevocably deposited (except as provided in Section
    8.02(c)) with the Trustee as trust funds in trust for the purpose of making the following payments specifically pledged as security for, and dedicated solely to, the benefit of the Holders of such Securities (i) in the case of Securities of such Series
    denominated in Dollars, cash in Dollars and/or U.S. Government Obligations, or (ii) in the case of Securities of such Series denominated in a Foreign Currency (other than a composite currency), money and/or Foreign Government Obligations, which through
    the payment of interest and principal in respect thereof in accordance with their terms, will provide (and without reinvestment and assuming no tax liability will be imposed on such Trustee), not later than one day before the due date of any payment of
    money, an amount in cash, sufficient, in the opinion of a nationally recognized firm of independent certified public accountants expressed in a written certification thereof delivered to the Trustee, to pay and discharge each installment of principal
    of and interest, if any, on and any mandatory sinking fund payments in respect of the Securities of such Series on the dates such installments of interest or principal and such sinking fund payments are due;

   

  

  

   

  

  
    

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  (b) such deposit will not result in a breach or violation of, or constitute a default under, this Indenture or any other agreement or
    instrument to which the Company is a party or by which it is bound;

   

  (c) no Default or Event of Default with respect to the Securities of such Series shall have occurred and be continuing on the date of such
    deposit or during the period ending on the 91st day after such date;

   

  (d) the Company shall have delivered to the Trustee an Opinion of Counsel to the effect that Holders of the Securities of such Series will
    not recognize income, gain or loss for federal income tax purposes as a result of such deposit and covenant defeasance and will be subject to federal income tax on the same amounts, in the same manner and at the same times as would have been the case
    if such deposit and covenant defeasance had not occurred;

   

  (e) the Company shall have delivered to the Trustee an Officers’ Certificate and an Opinion of Counsel, each stating that all conditions
    precedent herein provided for relating to the covenant defeasance contemplated by this Section have been complied with; and

   

  (f) Such defeasance shall not result in the trust arising from such deposit constituting an investment company within the meaning of the
    Investment Company Act of 1940, as amended, unless such trust shall be registered under such Act or exempt from registration thereunder.

   

  Section 8.05 Repayment to Company. The
    Trustee and the Paying Agent shall pay to the Company upon written request any money held by them for the payment of principal and interest that remains unclaimed for two years, and after such time, Holders entitled to the money must look to the
    Company for payment as general creditors unless an applicable abandoned property law designates another person.

   

  Section 8.06 Reinstatement. If the
    Trustee or the Paying Agent is unable to apply any money deposited with respect to Securities of any series in accordance with Section 8.01 by reason of any legal proceeding or by reason of any order or judgment of any court or governmental authority
    enjoining, restraining or otherwise prohibiting such application, the obligations of the Company under this Indenture with respect to the Securities of such series and under the Securities of such series shall be revived and reinstated as though no
    deposit had occurred pursuant to Section 8.01 until such time as the Trustee or the Paying Agent is permitted to apply all such money in accordance with Section 8.01; provided, however, that if the Company has made any payment of principal of, premium
    (if any) or interest on any Additional Amounts with respect to any Securities because of the reinstatement of its obligations, the Company shall be subrogated to the rights of the Holders of such Securities to receive such payment from the money held
    by the Trustee or the Paying Agent.

   

  ARTICLE IX

  AMENDMENTS AND WAIVERS

   

  Section 9.01 Without Consent of Holders. Unless
    otherwise specified for a particular Series by a Board Resolution, a supplemental indenture or an Officers’ Certificate, the Company and the Trustee may amend or supplement this Indenture or the Securities of one or more Series without the consent of
    any Holder:

   

  (a) to evidence the succession of another person to the Company under this Indenture and the Securities and the assumption by any such
    Successor Person of the obligations of the Company hereunder and under the Securities;

   

  (b) to add covenants of the Company for the benefit of the Holders of all or any series of Securities (and if such covenants are to be for
    the benefit of less than all series of Securities, stating that such covenants are expressly being included for the benefit of such series) or to surrender any right or power herein conferred upon the Company provided such action does not adversely
    affect the interests of the Holders;

   

  (c) to add any additional Events of Default;

   

  

  

   

  

  
    

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  (d) to add to or change any of the provisions of this Indenture to such extent as shall be necessary to permit or facilitate the issuance
    of Securities in bearer form, registrable or not registrable as to principal, and with or without interest coupons, or to permit or facilitate the issuance of Securities in uncertificated form;

   

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

   

  (f) to establish the forms or terms of the Securities of any series issued pursuant to the terms hereof;

   

  (g) to cure any ambiguity or correct any inconsistency in this Indenture;

   

  (h) to evidence and provide for the acceptance of appointment hereunder by a successor Trustee with respect to the Securities of one or
    more series and to add to or change any of the provisions of this Indenture as shall be necessary to provide for or facilitate the administration of the trusts hereunder by more than one Trustee;

   

  (i) to qualify this Indenture under the Trust Indenture Act;

   

  (j) to provide for uncertificated securities in addition to certificated securities;

   

  (k) to supplement any provisions of this Indenture necessary to permit or facilitate the defeasance and discharge of any series of
    Securities, provided that such action does not adversely affect the interests of the Holders of Securities of such series or any other series;

   

  (l) to conform the Indenture to any Description of Securities for a particular Series of Securities; and

   

  (m) to comply with the rules or regulations of any securities exchange or automated quotation system on which any of the Securities may be
    listed or traded.

   

  Section 9.02 With Consent of Holders. The
    Company and the Trustee may enter into a supplemental indenture with the written consent of the Holders of at least a majority in principal amount of the outstanding Securities of each Series affected by such supplemental indenture (including consents
    obtained in connection with a tender offer or exchange offer for the Securities of such Series), for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of this Indenture or of any supplemental
    indenture or of modifying in any manner the rights of the Holders of each such Series. Except as provided in Section 6.13, the Holders of at least a majority in principal amount of the outstanding Securities of any Series by notice to the Trustee
    (including consents obtained in connection with a tender offer or exchange offer for the Securities of such Series) may waive compliance by the Company with any provision of this Indenture or the Securities with respect to such Series. It shall not be
    necessary for the consent of the Holders of Securities under this Section 9.02 to approve the particular form of any proposed supplemental indenture or waiver, but it shall be sufficient if such consent approves the substance thereof. After a
    supplemental indenture or waiver under this section becomes effective, the Company shall deliver to the Holders of Securities affected thereby a notice briefly describing the supplemental indenture or waiver. Any failure by the Company to deliver such
    notice, or any defect therein, shall not, however, in any way impair or affect the validity of any such supplemental indenture or waiver.

   

  Section 9.03 Limitations. Unless
    otherwise specified for a particular Series by a Board Resolution, a supplemental indenture or an Officers’ Certificate, without the consent of each Holder affected, an amendment or waiver may not:

   

  (a) reduce the amount of Securities whose Holders must consent to an amendment, supplement or waiver;

   

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

   

  

  

   

  

  
    

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  (c) reduce the principal or change the Stated Maturity of any Security or reduce the amount of, or postpone the date fixed for, the payment
    of any sinking fund or analogous obligation;

   

  (d) reduce the principal amount of Discount Securities payable upon acceleration of the maturity thereof;

   

  (e) waive a Default or Event of Default in the payment of the principal of or interest, if any, on any Security (except a rescission of
    acceleration of the Securities of any Series by the Holders of at least a majority in principal amount of the outstanding Securities of such Series and a waiver of the payment default that resulted from such acceleration);

   

  (f) make the principal of or interest, if any, on any Security payable in any currency other than that stated in the Security;

   

  (g) make any change in Sections 6.08, 6.13, or 9.03; or

   

  (h) waive a redemption payment with respect to any Security.

   

  Section 9.04 Compliance with Trust
      Indenture Act. Every amendment to this Indenture or the Securities of one or more Series shall be set forth in a supplemental indenture hereto that complies with the TIA as then in effect.

   

  Section 9.05 Revocation and Effect of
      Consents. Until an amendment is set forth in a supplemental indenture or a waiver becomes effective, a consent to it by a Holder of a Security is a continuing consent by the Holder and every subsequent Holder of a Security or portion of a
    Security that evidences the same debt as the consenting Holder’s Security, even if notation of the consent is not made on any Security. However, any such Holder or subsequent Holder may revoke the consent as to his Security or portion of a Security if
    the Trustee receives the notice of revocation before the date of the supplemental indenture or the date the waiver becomes effective. Any amendment or waiver once effective shall bind every Holder of each Series affected by such amendment or waiver
    unless it is of the type described in any of clauses (a) through (h) of Section 9.03. In that case, the amendment or waiver shall bind each Holder of a Security who has consented to it and every subsequent Holder of a Security or portion of a Security
    that evidences the same debt as the consenting Holder’s Security.

   

  Section 9.06 Notation on or Exchange of
      Securities. The Trustee may place an appropriate notation about an amendment or waiver on any Security of any Series thereafter authenticated. The Company in exchange for Securities of that Series may issue and the Trustee shall authenticate
    upon request new Securities of that Series that reflect the amendment or waiver.

   

  Section 9.07 Trustee Protected. In
    executing, or accepting the additional trusts created by, any supplemental indenture permitted by this Article or the modifications thereby of the trusts created by this Indenture, the Trustee shall receive, in addition to the documents required by
    Section 10.04, and (subject to Section 7.01) shall be fully protected in relying upon, an Opinion of Counsel stating that all conditions precedent in this Indenture to the execution of such supplemental indenture, if any, have been complied with, such
    supplemental indenture is authorized hereunder, and, that such supplemental indenture is the valid and legally binding obligation of the Company. 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 X  

  MISCELLANEOUS

   

  Section 10.01 Trust Indenture Act Controls. If
    any provision of this Indenture limits, qualifies or conflicts with another provision which is required or deemed to be included in this Indenture by the TIA, such required or deemed provision shall control.

   

  Section 10.02 Notices.

   

  (a) Any notice or communication by the Company or the Trustee to the other, or by a Holder to the Company or the Trustee, is duly given if
    in writing and delivered in person or mailed by first-class mail or sent by telecopier transmission or electronic transmission in PDF addressed as follows:

   

  if to the Company:

   

  STRATA Skin Sciences, Inc.

  5 Walnut Grove Drive, Suite 140

  Horsham, Pennsylvania  19044

  Attention: Corporate Secretary

  Facsimile:

    Email:

   

  if to the Trustee:

   

  [                             ]

   

  (b) The Company or the Trustee by notice to the other may designate additional or different addresses for subsequent notices or
    communications. Any notice or communication to a Holder shall be delivered to his address shown on the register kept by the Registrar. Failure to deliver a notice or communication to a Holder of any Series or any defect in it shall not affect its
    sufficiency with respect to other Holders of that or any other Series. If a notice or communication is delivered in the manner provided above, within the time prescribed, it is duly given, whether or not the Holder receives it. If the Company delivers
    a notice or communication to Holders, it shall deliver a copy to the Trustee and each Agent at the same time.

   

  (c) Any notice or demand that by any provision of this Indenture is required or permitted to be given or served by the Company may, at the
    Company’s written request received by the Trustee not fewer than five (5) Business Days prior (or such shorter period of time as may be acceptable to the Trustee) to the date on which such notice must be given or served, be given or served by the
    Trustee in the name of and at the expense of the Company.

   

  Section 10.03 Communication by Holders with
      Other Holders. Holders of any Series may communicate pursuant to TIA Section 312(b) with other Holders of that Series or any other Series with respect to their rights under this Indenture or the Securities of that Series or all Series. The
    Company, the Trustee, the Registrar and anyone else shall have the protection of TIA

   

  Section 10.04 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:

   

  (a) an Officers’ Certificate stating that, in the opinion of the signers, all conditions precedent, if any, provided for in this Indenture
    relating to the proposed action have been complied with; and

   

  (b) an Opinion of Counsel stating that, in the opinion of such counsel, all such conditions precedent have been complied with.

   

  Section 10.05 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 Section 314(a)(4)) shall comply with the provisions
    of TIA Section 314(e) and shall include:

   

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

   

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

   

  

  

   

  

  
    

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  (c) a statement that, in the opinion of such person, he has made such examination or investigation as is necessary to enable him to express
    an informed opinion as to whether or not such covenant or condition has been complied with; and

   

  (d) a statement as to whether or not, in the opinion of such person, such condition or covenant has been complied with.

   

  Section 10.06 Rules by Trustee and Agents. The
    Trustee may make reasonable rules for action by or a meeting of Holders of one or more Series. Any Agent may make reasonable rules and set reasonable requirements for its functions.

   

  Section 10.07 Legal Holidays. Unless
    otherwise provided by Board Resolution, Officers’ Certificate or supplemental indenture hereto for a particular Series, a “Legal Holiday” is any day
    that is not a Business Day. If a payment date is a Legal Holiday at a place of payment, payment may be made at that place on the next succeeding day that is not a Legal Holiday, and no interest shall accrue for the intervening period.

   

  Section 10.08 No Recourse Against Others. A
    director, officer, employee or stockholder, as such, of the Company shall not have any liability for any obligations of the Company under the Securities or the Indenture or for any claim based on, in respect of or by reason of such obligations or their
    creation. Each Holder by accepting a Security waives and releases all such liability. The waiver and release are part of the consideration for the issue of the Securities.

   

  Section 10.09 Counterparts. This
    Indenture may be executed in any number of counterparts and by the parties hereto in separate counterparts, each of which when so executed shall be deemed to be an original and all of which taken together shall constitute one and the same agreement.
    The exchange of copies of this Indenture and of signature pages by facsimile or PDF transmission shall constitute effective execution and delivery of this Indenture as to the parties hereto and may be used in lieu of the original Indenture for all
    purposes. Signatures of the parties hereto transmitted by facsimile or PDF shall be deemed to be their original signatures for all purposes.

   

  Section 10.10 Governing Laws. This
    Indenture and the Securities will be governed by, and construed in accordance with, the internal laws of the State of New York.

   

  Section 10.11 No Adverse Interpretation of
      Other Agreements. This Indenture may not be used to interpret another indenture, loan or debt agreement of the Company or a Subsidiary of the Company. Any such indenture, loan or debt agreement may not be used to interpret this Indenture.

   

  Section 10.12 Successors. All
    agreements of the Company in this Indenture and the Securities shall bind its successor. All agreements of the Trustee in this Indenture shall bind its successor.

   

  Section 10.13 Severability. In case
    any provision in this Indenture or in the Securities shall be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby.

   

  Section 10.14 Table of Contents, Headings,
      Etc. The Table of Contents, Cross-Reference Table, and headings of the Articles and Sections of this Indenture have been inserted for convenience of reference only, are not to be considered a part hereof, and shall in no way modify or restrict
    any of the terms or provisions hereof.

   

  Section 10.15 Securities in a Foreign
      Currency. Unless otherwise specified in a Board Resolution, a supplemental indenture hereto or an Officers’ Certificate delivered pursuant to Section 2.02 of this Indenture with respect to a particular Series of Securities, whenever for
    purposes of this Indenture any action may be taken by the Holders of a specified percentage in aggregate principal amount of Securities of all Series or all Series affected by a particular action at the time outstanding and, at such time, there are
    outstanding Securities of any Series which are denominated in a coin or currency other than Dollars, then the principal amount of Securities of such Series which shall be deemed to be outstanding for the purpose of taking such action shall be that
    amount of Dollars that could be obtained for such amount at the Market Exchange Rate at such time. For purposes of this Section 10.15, “Market Exchange
      Rate” shall mean the noon Dollar buying rate in New York City for cable transfers of that currency as published by the Federal Reserve Bank of New York. If such Market Exchange Rate is not available for any reason with respect to such
    currency, the Company shall use, in its sole discretion and without liability on its part, such quotation of the Federal Reserve Bank of New York as of the most recent available date, or quotations from one or more major banks in The City of New York
    or in the country of issue of the currency in question or such other quotations as the Company, shall deem appropriate. The provisions of this paragraph shall apply in determining the equivalent principal amount in respect of Securities of a Series
    denominated in currency other than Dollars in connection with any action taken by Holders of Securities pursuant to the terms of this Indenture. All decisions and determinations of the Company regarding the Market Exchange Rate or any alternative
    determination provided for in the preceding paragraph shall be in its sole discretion and shall, in the absence of manifest error, to the extent permitted by law, be conclusive for all purposes and irrevocably binding upon the Company, the Trustee and
    all Holders. The Trustee shall have no duty to calculate or verify the calculations made pursuant to this Section 10.15.

   

  

  

   

  

  
    

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  Section 10.16 U.S.A. Patriot Act. The
    Company acknowledges that in accordance with Section 326 of the U.S.A. Patriot Act, the Trustee, like all financial institutions, and in order to help fight the funding of terrorism and money laundering, is required to obtain, verify, and record
    information that identifies each person or legal entity that establishes a relationship or opens an account with the Trustee. The Company agrees that it will provide the Trustee with such information as it may reasonably request as required in order
    for the Trustee to satisfy the requirements of the U.S.A. Patriot Act.

   

  Section 10.17 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 AS BETWEEN THE COMPANY AND THE TRUSTEE ONLY ARISING OUT OF OR RELATING TO THIS
    INDENTURE OR THE SECURITIES.

   

  ARTICLE XI  

  SINKING FUNDS

   

  Section 11.01 Applicability of Article. The
    provisions of this Article shall be applicable to any sinking fund for the retirement of the Securities of a Series, except as otherwise permitted or required by any form of Security of such Series issued pursuant to this Indenture. The minimum amount
    of any sinking fund payment provided for by the terms of the Securities of any Series is herein referred to as a “mandatory sinking fund payment”
    and any other amount provided for by the terms of Securities of such Series is herein referred to as an “optional sinking fund payment.” If provided
    for by the terms of Securities of any Series, the cash amount of any sinking fund payment may be subject to reduction as provided in Section 11.02. Each sinking fund payment shall be applied to the redemption of Securities of any Series as provided for
    by the terms of the Securities of such Series.

   

  Section 11.02 Satisfaction of Sinking Fund
      Payments with Securities. The Company may, in satisfaction of all or any part of any sinking fund payment with respect to the Securities of any Series to be made pursuant to the terms of such Securities (1) deliver outstanding Securities of
    such Series to which such sinking fund payment is applicable (other than any of such Securities previously called for mandatory sinking fund redemption) and (2) apply as credit Securities of such Series to which such sinking fund payment is applicable
    and which have been repurchased by the Company or redeemed either at the election of the Company pursuant to the terms of such Series of Securities (except pursuant to any mandatory sinking fund) or through the application of permitted optional sinking
    fund payments or other optional redemptions pursuant to the terms of such Securities, provided that such Securities have not been previously so credited. Such Securities shall be received by the Trustee, together with an Officers’ Certificate with
    respect thereto, not later than 15 days prior to the date on which the Trustee begins the process of selecting Securities for redemption, and shall be credited for such purpose by the Trustee at the price specified in such Securities for redemption
    through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly. If as a result of the delivery or credit of Securities in lieu of cash payments pursuant to this Section 11.02, the principal amount of
    Securities of such Series to be redeemed in order to exhaust the aforesaid cash payment shall be less than $100,000, the Trustee need not call Securities of such Series for redemption, except upon receipt of a Company Order that such action be taken,
    and such cash payment shall be held by the Trustee or a Paying Agent and applied to the next succeeding sinking fund payment, provided, however, that the Trustee or such Paying Agent shall from time to time upon receipt of a Company Order pay over and
    deliver to the Company any cash payment so being held by the Trustee or such Paying Agent upon delivery by the Company to the Trustee of Securities of that Series purchased by the Company having an unpaid principal amount equal to the cash payment
    required to be released to the Company.

   

  Section 11.03 Redemption of Securities for
      Sinking Fund. Not less than 45 days (unless otherwise indicated in the Board Resolution, supplemental indenture or Officers’ Certificate in respect of a particular Series of Securities) prior to each sinking fund payment date for any Series of
    Securities, the Company will deliver to the Trustee an Officers’ Certificate specifying the amount of the next ensuing mandatory sinking fund payment for that Series pursuant to the terms of that Series, the portion thereof, if any, which is to be
    satisfied by payment of cash and the portion thereof, if any, which is to be satisfied by delivering and crediting of Securities of that Series pursuant to Section 11.02, and the optional amount, if any, to be added in cash to the next ensuing
    mandatory sinking fund payment, and the Company shall thereupon be obligated to pay the amount therein specified. Not less than 30 days (unless otherwise indicated in the Board Resolution, Officers’ Certificate or supplemental indenture in respect of a
    particular Series of Securities) before each such sinking fund payment date the Trustee shall select the Securities to be redeemed upon such sinking fund payment date in the manner specified in Section 3.02 and cause notice of the redemption thereof to
    be given in the name of and at the expense of the Company in the manner provided in Section 3.03. Such notice having been duly given, the redemption of such Securities shall be made upon the terms and in the manner stated in Sections 3.04, 3.05 and
    3.06.

   

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

   

  	
           

        	
          STRATA SKIN SCIENCES, INC.,
            a Delaware corporation

        
	
           

        	
           

        	
           

        
	
           

        	
          By:

        	
           

        
	
           

        	
          Name:

        	
           

        
	
           

        	
          Title:

        	
           

        
	
           

        	
           

        	
           

        
	
           

        	
          [         

        	
                  ].

        
	
           

        	
          as Trustee

        
	
           

        	
           

        	
           

        
	
           

        	
          By:

        	
           

        
	
           

        	
          Name:

        	
           

        
	
           

        	
          Title:

        	
           

        

   

  [Signature Page to Indenture]

   

   

  

  

  

  

  

  

  

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