Document:

Employment Agreement, dated as of May 14, 2008

 Exhibit 10.1 
 5.14.08 
 WARNER/CHAPPELL MUSIC, INC. 
 10585 Santa Monica Boulevard 
 Los Angeles, CA
90025 
  

					
		  		 	 May 14, 2008
 As of July 1,
2008

 Dave Johnson 
 c/o
Warner Music Inc. 
 75 Rockefeller Plaza 
 New York, NY 10019

 Dear Dave: 
 This letter, when signed by you
and countersigned by us (“Company”), shall constitute our agreement (the “Agreement”) with respect to your employment with Company. 
  

	 	1.	Position: Chairman and Chief Executive Officer of Company 

  

	 	2.	Term: The term of this Agreement (the “Term”) shall commence on July 1, 2008 and end on June 30, 2011. 

  

	 	3.	Compensation: 

 (a) Salary: During the Term,
Company shall pay you a salary at the rate of $700,000 per annum. 
 (b) Annual Discretionary Bonus: With respect to each fiscal year
of the Term, Company shall consider granting to you an annual bonus (or a pro rata portion of such annual bonus for a portion of such fiscal year). Your Target bonus for each fiscal year of the Term shall be $800,000 (or a pro rata portion of such
amount for a portion of a year), and shall be determined by Company based on factors including the strength of your performance and the performance of Company and of Warner Music Group; provided, that, the amount of each annual bonus awarded to you
may be higher or lower than the Target amount, and shall remain in the sole discretion of Company. 
 (c) Stock Options: Company shall
at the earliest practicable date (currently anticipated to be on or about May 15, 2008) grant to you 100,000 options to purchase shares of common stock of WMG; subject to the terms of the applicable stock option plan and agreement. 

 (d) Payment of Compensation: Compensation accruing to you during the Term shall be payable in
accordance with the regular payroll practices of Company for employees at your level. You shall not be entitled to additional compensation for performing any services for Company’s subsidiaries or affiliates. 
  

	 	4.	Exclusivity: Your employment with Company shall be full-time and exclusive. During the Term you will not render any services for others, or for your own account, in the field
of entertainment or otherwise; provided, however, that you shall not be precluded from personally, and for your own account, investing or trading in real estate, stocks, bonds, securities, commodities, or other forms of investment for your own
benefit, except that your rights hereafter to invest in any business or enterprise principally devoted to any activity which, at the time of such investment, is competitive to any business or enterprise of Company or Warner Music Inc. or the
subsidiaries or affiliates thereof, shall be limited to the purchase of not more than two percent (2%) of the issued and outstanding stock or other securities of a corporation listed on a national securities exchange or traded in the
over-the-counter market. In addition, to the extent such activities do not interfere with the performance of your duties hereunder, you shall not be precluded from on occasion rendering services to charitable organizations. 

 

	 	5.	Reporting: You shall at all times work under the supervision and direction of the senior-most executive officer of Warner Music Inc. (currently Edgar Bronfman, Jr.) and shall
perform such duties as you shall reasonably be directed to perform by such senior officer. 

  

	 	6.	Place of Employment: The greater New York and Los Angeles metropolitan areas, devoting such time to each such location as is reasonably necessary. You shall render services
at the offices designated by Company at such locations. You also agree to travel on temporary trips to such other place or places as may be required from time to time to perform your duties hereunder. 

  

	 	7.	Travel and Entertainment Expenses: Company shall pay or reimburse you for reasonable expenses actually incurred or paid by you during the Term in the performance of your
services hereunder in accordance with Company’s policy for employees at your level upon presentation of expense statements or vouchers or such other supporting information as Company may customarily require. You shall be entitled to travel in
accordance with Company’s policies for executives at your level. 

	 	8.	Benefits: While you are employed hereunder, you shall be entitled to all fringe benefits generally accorded to employees of Company at your level from time to time,
including, but not limited to, medical health and accident, group insurance and similar benefits, provided that you are eligible under the general provisions of any applicable plan or program and Company continues to maintain such plan or program
during the Term. In addition, you shall be entitled to receive an automobile allowance of $24,000 per annum and a financial advisory services allowance of $18,000 per annum, each payable in accordance with the regular payroll practices of Company.
You shall also be entitled to vacation (with pay) during each calendar year of the Term in accordance with Company’s policies with respect to vacations for executives, which vacation shall be taken at reasonable times to be approved by Company.
Company acknowledges that your service with Company commenced as of January 1, 1999 and all of your service to Company commencing as of such date shall be included for purposes of calculating your length of service any benefit plan or program
of Company. 

  

	 	9.	Disability/Death: If you shall become physically or mentally incapacitated from performing your duties hereunder, and such incapacity shall continue for a period of six
(6) consecutive months or more or for shorter periods aggregating six months or more in any twelve-month period, Company shall have the right (before the termination of such incapacity), at its option, to terminate your employment hereunder
upon paying to you any accrued but unpaid salary pursuant to Paragraph 3(a), accrued vacation in accordance with Company policy, unreimbursed expenses in accordance with Paragraph 7 and accrued but unpaid benefits in accordance with Paragraph 8, in
each case to the date of such termination. In the event of your death, this Agreement shall automatically terminate except that Company shall pay to your estate any accrued but unpaid salary pursuant to Paragraph 3(a), accrued vacation in accordance
with Company policy and unreimbursed expenses in accordance with Paragraph 7 and accrued but unpaid benefits in accordance with Paragraph 8, in each case through the last day of the month of your death. 

  

	 	10.	Termination by Company for Cause; Termination by You for Good Reason: 

 (a) Termination by Company for Cause: Company may at any time during the Term, by written notice, terminate your employment for “Cause” (as defined below), such Cause to be specified in the notice of
termination. The following acts shall constitute “Cause” hereunder: (i) any willful or intentional act or omission having the effect, which effect is reasonably foreseeable, of injuring, to an extent that is not de minimis, the reputation,
business, business relationships or employment relationships of Company or its affiliates; (ii) conviction of, or plea of nolo contendere to, a misdemeanor involving theft, fraud, forgery or the sale or possession of illicit substances or a felony;
(iii) breach of material covenants contained in this Agreement; and (iv) repeated or continuous failure, neglect or 

 
refusal to perform your material duties hereunder. Notice of termination given to you by Company shall specify the reason(s) for such termination, and in the
case where a cause for termination described in clause (iii) or (iv) above shall be susceptible of cure, and such notice of termination is the first notice of termination given to you for such reason, if you fail to cure such cause for
termination within ten (10) business days after the date of such notice, termination shall be effective upon the expiration of such ten-day period, and if you cure such cause within such ten-day period, such notice of termination shall be
ineffective. In all other cases, notice of termination shall be effective on the date thereof. In the event of the termination of your employment pursuant to this Paragraph 10, this Agreement shall automatically terminate except that Company shall
pay to you the Basic Termination Payments (as defined below) in each case to the date of such termination. 
 (b) Termination by You for
Good Reason: For purposes of this Paragraph 10(a), Company shall be in breach of its obligations to you hereunder if there shall have occurred any of the following events (each such event being referred to as a “Good Reason”):
(A) a change in your title and position shall have been put into effect such that you are no longer Chairman & CEO of Company; (B) you shall have been required to report to anyone other than as provided in Paragraph 5 hereof;
(C) any monies required to be paid to you hereunder shall not be paid when due; (D) Company assigns its rights and obligations under this Agreement in contravention of the provisions of Paragraph 17(e) below or (E) Company requires
you to relocate your primary residence outside the greater Los Angeles or New York metropolitan area in order to perform your duties to Company hereunder. 
 (ii) You may exercise your right to terminate the Term of this Agreement for Good Reason pursuant to this Paragraph 10(a) by notice given to Company in writing specifying the Good Reason for termination within sixty
(60) days after the occurrence of any such event constituting Good Reason, otherwise your right to terminate this Agreement by reason of the occurrence of such event shall expire and shall be deemed to have permanently lapsed. Any such
termination in compliance with the provisions of this Paragraph 10(b) shall be effective thirty (30) days after the date of your written notice of termination, except that if Company shall cure such specified cause within such thirty-day
period, you shall not be entitled to terminate the term of this Agreement by reason of such specified Good Reason and the notice of termination given by you shall be null and void and of no effect whatsoever. 

	 	11.	Consequences of Breach by Company or Non-renewal: 

 (a) In the event of a “Special Termination” (as defined below) of your employment, your sole remedy shall be that, upon your execution of a Release (as defined below) Company shall pay to you the “Special Termination
Payments” (as defined below), and in the event of a “Qualifying Non-renewal” (as defined below), your sole remedy shall be that, upon your execution of a Release, Company shall pay to you the “Non-renewal Payments” (as
defined below). Special Termination Payments and Non-renewal Payments are sometimes herein referred to collectively as the “Termination Payments.” 
 (b) The “Basic Termination Payments” shall mean any accrued but unpaid salary, accrued vacation pay in accordance with Company policy, any unreimbursed expenses pursuant to Paragraph 7, plus any accrued but
unpaid benefits in accordance with Paragraph 8, in each case to the date on which your employment terminates pursuant to an event described in subparagraph (d) or (f), below, as applicable (the “Termination Date”). 
 (c) A “Release” shall mean a release agreement in Company’s standard form, attached hereto as Exhibit A. 
 (d) A “Special Termination” shall have occurred in the event that (i) Company terminates your employment hereunder other than pursuant to
Paragraphs 9 or 10 hereof or (ii) you terminate this Agreement pursuant to Paragraph 10(b) hereof. 
 (e) “Special Termination
Payments” shall mean (i) the Basic Termination 
 Payments; plus (ii) the greater of (A) the “Severance Amount”
(as defined below) and (B) the sum of (I) $1,500,000, plus (II) an amount equal to $800,000 multiplied by a fraction, the numerator of which is the number of days in the period beginning on the first day of the fiscal year in which
your termination occurs and ending on the date of your termination, and the denominator of which is 365. 
 (f) A “Qualifying
Non-renewal” shall have occurred in the event that, at the end of the Term: (i) Company declines to offer you continued employment with Company or one of its affiliates; or (ii) Company offers you continued employment with Company or
one of its affiliates at salary or target bonus lower than your salary or target bonus as in effect on the last day of the Term, or containing severance provisions less favorable to you than the severance provisions set out in this paragraph 11, and
you elect to decline such offer and terminate your employment with Company. 
 (g) The “Non-renewal Payments” shall mean
(i) the Basic Termination Payments; plus (ii) the greater of (A) the amount of severance pay (the “Severance Amount”) that would have been payable to you under Company policy as in effect on the Termination Date had you not
been subject to an employment agreement with Company, and (B) the sum of $700,000. 

 (h) Any Termination Payments payable to you under Paragraph 11(e) or (g) above shall be made by
Company in accordance with its regular payroll practices by means of continued payments to you (i) of your salary at the same rate as was in effect as of the Termination Date for the applicable period as is necessary to cause the full amount
due under such clause to be paid, or (ii) of salary for such other period as Company determines is necessary to prevent such amount from being deemed “deferred compensation” under applicable tax law; provided that in the event that
the Payment Period is so modified, your rate of pay during such period shall be modified accordingly in order to cause the payment in full of the amounts required to be paid to you pursuant to this Paragraph 11 (the “Payment Period”).
During the Payment Period, Company shall continue to provide you with coverage under Company’s medical plans in accordance with the terms of such plans, and you shall be entitled to no other benefits during such period. 
 (i) In the event you elect not to execute and deliver a Release in connection with a Special Termination or a Qualifying Non-renewal, Company shall only
be obligated to pay to you the Basic Termination Payments. Following the delivery of an executed Release pursuant to this Paragraph 11, you shall have no duty to seek substitute employment, and Company shall have no right of offset against any
amounts paid to you under this Paragraph 11 with respect to any compensation or fees thereafter received by you from any employment thereafter obtained or consultancy arrangement thereafter entered into by you. 
  

	 	12.	Confidential Matters: You shall keep secret all confidential matters of Company and its affiliates (for purposes of this Paragraph 12 only, “Company”), and shall
not disclose them to anyone outside of Company, either during or after your employment with Company, except (i) with Company’s written consent; (ii) as required by law or judicial process; or (iii) to your professional advisors
to the extent reasonable and necessary. You shall deliver promptly to Company upon termination of your employment, or at any time Company may request, all confidential memoranda, notes, records, reports and other documents (and all copies thereof)
relating to the business of Company which you may then possess or have under your control. 

  

	 	13.	 Non-Solicitation: While you are employed by Company and for a period of one year after your employment with Company ends for any reason, you shall not,
without the prior written consent of Company, directly or indirectly, as an employee, agent, consultant, partner, joint venturer, owner, officer, director, member of any other firm, partnership, corporation or other entity, or in any other capacity:
(a) solicit, negotiate with, induce or encourage any recording artist 

	 	 
(including a duo or a group) or songwriter who at the time is, either directly or through a furnishing entity, under contract to Company or an affiliate of
Company or a label distributed by Company or an affiliate of Company, or in the process of negotiating such a contract, to end its relationship or negotiations with the Company, affiliate or label, or to violate any provision of his or her contract;
or (b) solicit, induce or encourage any employee of Company or Company’s affiliates to leave their employment. 

  

	 	14.	Results and Proceeds of Employment: You acknowledge that Company shall own all rights of every kind and character throughout the world in perpetuity in and to any material
and/or ideas written, suggested or in any way created by you hereunder and all other results and proceeds of your services hereunder, including, but not limited to, all copyrightable material created by you within the scope of your employment. You
agree to execute and deliver to Company such assignments or other instruments as Company may require from time to time to evidence Company’s ownership of the results and proceeds of your services. 

  

	 	15.	Indemnity: To the extent that you perform your duties for Company in good faith and in a manner you reasonably believe to be in or not opposed to the best interests of
Company and not in contravention of the instructions of any senior officer of Company, Company agrees to indemnify you against expenses (including but not limited to final judgments and amounts paid in settlement to which Company has consented in
writing, which consent shall not be unreasonably withheld) in connection with litigation against you arising out of the performance of your duties hereunder; provided, that, you shall have provided Company with prompt notice of the commencement of
any such litigation. Company will provide defense counsel selected by Company. You agree to cooperate in connection with any such litigation. 

  

	 	16.	Notices: All notices, requests, consents and other communications required or permitted to be given hereunder shall be in writing and shall be deemed to have been duly given
if delivered personally or sent by prepaid courier, or mailed first-class, postage prepaid, by registered or certified mail, return receipt requested, as follows: 

  

			
	TO YOU:	  	TO COMPANY:
		
	 Dave Johnson
 c/o Warner Music Inc.
 75 Rockefeller Plaza
 New York, NY 10019
	  	 Warner Music Inc.
 75 Rockefeller Plaza
 New York, New York 10019
 Attn: General Counsel

 Either you or Company may change the address to which notices are to be sent by giving written notice of
such change of address to the other in the manner herein provided for giving notice. 
  

	 	17.	Miscellaneous: 

 (a) You represent and warrant to
Company that you are free to enter into this Agreement and, as of the commencement of the Term hereof, are not subject to any conflicting obligation or any disability which will prevent you from or interfere with your executing and performing your
obligations hereunder. 
 (b) You acknowledge that while you are employed hereunder you will comply with Company’s conflict of interest
policy and other corporate policies including, but not limited to, the requirements of Company’s compliance and ethics program, as in effect from time to time, of which you are made aware. All payments made to you hereunder shall be subject to
applicable withholding and social security taxes and other ordinary and customary payroll deductions. 
 (c) You acknowledge that services to
be rendered by you under this Agreement are of a special, unique and intellectual character which gives them peculiar value, and that a breach or threatened breach of any provision of this Agreement (particularly, but not limited to, the provisions
of Paragraphs 4 and 12 hereof), will cause Company immediate irreparable injury and damage which cannot be reasonably or adequately compensated in damages in an action at law. Accordingly, without limiting any right or remedy which Company may have
in such event, you specifically agree that Company shall be entitled to injunctive relief to enforce and protect its rights under this Agreement. The provisions of this Paragraph 17(c) shall not be construed as a waiver by Company of any rights
which Company may have to damages or any other remedy or by you as a waiver by you of any rights which you may have to offer fact-based defenses to any request made by Company for injunctive relief. 
 (d) This Agreement sets forth the entire agreement and understanding of the parties hereto, and supersedes and terminates any and all prior agreements,
arrangements and understandings. No representation, promise or inducement has been made by either party that is not embodied in this Agreement, and neither party shall be bound by or liable for any alleged representation, promise or inducement not
herein set forth. 
 If, notwithstanding the provisions of the foregoing paragraph, any provision of this Agreement or the application hereof
is held to be wholly invalid, such invalidity shall not affect any other provisions or application of this Agreement that can be given effect without the invalid provisions or application, and to this end the provisions of this Agreement are hereby
declared to be severable. 

 (e) The provisions of this Agreement shall inure to the benefit of the parties hereto, their heirs, legal
representatives, successors and permitted assigns. This Agreement, and your rights and obligations hereunder, may not be assigned by you. Company may assign its rights, together with its obligations, hereunder in connection with any sale, transfer
or other disposition of all or a substantial portion of the stock or assets of Company or Warner Music Inc. 
 (f) Nothing contained in this
Agreement shall be construed to impose any obligation on Company to renew this Agreement. This Agreement may be amended, modified, superseded, canceled, renewed or extended, and the terms or covenants hereof may be waived, only by a written
instrument executed by both of the parties hereto, or in the case of a waiver, by the party waiving compliance. Neither the continuation of employment nor any other conduct shall be deemed to imply a continuing obligation upon the expiration of this
Agreement. The failure of either party at any time or times to require performance of any provision hereof shall in no manner affect the right at a later time to enforce the same. No waiver by either party of the breach of any term or covenant
contained in this Agreement, whether by conduct or otherwise, in any one or more instances, shall be deemed to be, or construed as, a further or continuing waiver of any such breach, or a waiver of the breach of any other term or covenant contained
in this Agreement. 
 (g) This Agreement shall be governed by and construed according to the laws of the State of New York as applicable to
agreements executed in and to be wholly performed within such State. In the unlikely event that differences arise between the parties related to or arising from this Agreement that are not resolved by mutual agreement, to facilitate a judicial
resolution and save time and expense of both parties, Company and you agree not to demand a trial by jury in any action, proceeding or counterclaim. 

 If the foregoing correctly sets forth our understanding, please sign below and return this agreement to
Company. 
  

			
	Very truly yours,
	
	WARNER/CHAPPELL MUSIC, INC.
		
	By:	 	 /s/ Paul Robinson

  

	
	Accepted and Agreed:
	
	 /s/ Dave Johnson

	Dave Johnson

 EXHIBIT A 
 SEPARATION AGREEMENT AND RELEASE 
 SEPARATION AGREEMENT (“Agreement”) made and entered into
on                     , 200     between (name) (“you”) and (company)
(“Company”). 
 In consideration of the mutual covenants, conditions and obligations contained in this Agreement, you and Company
agree as follows: 
 1. Your employment with Company shall end effective (date). As of that date, you shall have no further
responsibilities as an employee of Company and as of such date the employment agreement (the “Employment Agreement”) between you and Company dated (date), [as amended], shall be terminated with no liability of either
party to the other thereunder whatsoever, except as specifically set out in this Agreement. 
 2. (a) Subject to your compliance
with the terms of this Agreement, Company shall during the period from the date hereof to                      (the “Payment
Period”) pay you salary at a rate of $                 per annum (less required withholding). All payments to you hereunder shall be payable in accordance
with the regular payroll practices of the Company. You shall have no duty to mitigate Company’s damages by seeking other employment, and Company shall have no right to reduce the amounts payable to you under this Agreement in the event that you
obtain other earnings. 
 (b) Company shall continue to provide you and your dependent family members (to the extent such individuals are
eligible for such coverage under the terms of the applicable programs) with coverage under Company’s medical and dental plans until the earlier of (i) the end of the Payment Period or (ii) the date as of which you become eligible for
another medical insurance plan. 
 (c) For so long as you are on a payroll of Company, you shall continue to participate in Company’s
basic life insurance as if you were a full time employee of Company, subject to the terms and conditions of each such plan. 
 (d) The
Company shall pay you any accrued and unused vacation time through                     , 200     (to the extent not
paid prior to the date hereof). 
 3. In accordance with the terms and conditions of the Consolidated Omnibus Budget Reconciliation Act
(“COBRA”), you shall have the right, at your expense, to elect to continue medical insurance coverage under the group insurance plan maintained by Company for a period of eighteen months beginning on (date). Further information
regarding COBRA’s coverage, including enrollment forms and premium quotations, will be sent to you separately. 

 4. (a) In consideration of, and exchange for, the payment and other benefits to be received by you under
this Agreement, you hereby waive, release and forever discharge Company and its successors, their directors, officers, agents, representatives and employees, and the parents, subsidiaries and affiliates, and the directors, officers, agents and
employees thereof (the “Company Group”) from all claims, causes of action, lawsuits and demands, attorney’s fees, expenses or other compensation (“Claims”) which in any way relate to or arise out of the Employment Agreement
or your employment with Company or the termination of your employment, which you may now or hereafter have under any common law, federal, state or local law, regulation or order, including without limitation, (i) any Claim under Title VII of
the Civil Rights Act of 1964, as amended, the Age Discrimination in Employment Act, as amended, as well as all liability for any acts that may have violated your rights under any contract or local fair employment practices law, any employee
relations statute, executive law or ordinance, any unemployment or workers compensation law or any other duty or obligation of any kind or nature; (ii) all Claims relating to or arising out of any alleged tortious act, including but not limited
to, wrongful termination, intentional infliction of emotional distress and defamation; (iii) all Claims which may be alleged against or imputed to Company by you or by anyone acting on your behalf; and (iv) all Claims for wages,
(including, but not limited to, all Claims in connection with any long-term incentive compensation plan of Company), monetary and equitable relief, employment or reemployment with Company in any position. Notwithstanding the foregoing, you reserve
and do not waive or release any claims which you may have (i) for indeminification, including pursuant to Paragraph 15 of the Employment Agreement or under applicable law, and (ii) to the Basic Termination Payments (as defined in the
Employment Agreement). 
 (b) The Company Group, in exchange for the consideration embodied in this Agreement, waives, releases, and forever
discharges you from all Claims which the Company Group may now or hereafter have against you under any common law, federal, state or local law, regulation or order, arising out of your employment with Company. 
 5. Neither you nor Company shall file or cause to be filed any action, suit, claim, charge or proceeding with any federal, state or local court or agency
relating to any Claims within the scope of paragraph 4. 
 6. You and Company each acknowledge that nothing in this Agreement constitutes (or
shall be deemed) an admission of liability or wrongdoing by either you or the Company. 
 7. (a) You shall not at any time exploit, use,
sell, publish, disclose, or communicate to any person, corporation or entity, either directly or indirectly, any trade secrets or confidential information regarding the Company Group, including, without limitation, the terms of any agreements
between Company or any of its affiliates and any third party (except that you may disclose the financial terms of this Agreement to tax authorities, and to your attorneys and accountants). You shall not during the one-year period following the date
hereof, without the prior approval of Company, discuss any “Company Topic” (as defined below) with any press or 

 
media representative, nor shall you provide any information regarding any Company Topic to any press or media representative. “Company Topic” shall
mean any matter relating to Company or its affiliates, including any of their respective employees or artists. 
 (b) Company shall not at
any time, use, sell, publish, disclose, or communicate to any person, corporation or entity, either directly or indirectly, any confidential information regarding you (except that Company may disclose the financial terms of this Agreement to tax
authorities, attorneys or accountants). 
 (c) You agree to promptly return to Company all property of Company in your possession, including,
but not limited to keys, identification cards, files, records, credit cards, electronic equipment and books and manuals issued to you by Company. 
 8. For a period of one year after the date hereof, you shall not, without the prior written consent of Company, directly or indirectly, as an employee, agent, consultant, partner, joint venturer, owner, officer, director, or member of any
other person, firm, partnership, corporation or other entity, or in any other capacity, (a) call upon, solicit, negotiate with, offer or enter into a recording or other contract with any recording artist (including a duo or a group) or
songwriter who at the time is, either directly or through a furnishing entity, under contract to Company or an affiliate of Company or a label distributed by Company or an affiliate of Company, or (b) solicit, induce or encourage any of the
Company’s employees or Company’s affiliates to leave their employment. 
 9. You acknowledge that you have read this Agreement and
that you have executed and delivered this Agreement freely and voluntarily, with full knowledge of all material facts. 
 10. (a) You
acknowledge that you have been advised to seek independent advice and counsel in connection with this Agreement and have retained (attorney name) of the firm of (firm name) for such purpose, and that you have been afforded the time and
opportunity necessary to seek such advice and counsel to the full extent you may have desired; and that you have been afforded at least 21 days in which to consider this Agreement. You understand your obligations and rights under this Agreement and
with such knowledge have entered into and executed this Agreement freely and voluntarily. 
 (b) You understand that you may revoke this
Agreement within seven days of its execution, by notifying Company in writing of your desire to revoke the Agreement, whereupon this Agreement shall be rendered null and void. The provisions of this Agreement including any payment due to you shall
not be binding upon Company until eight days after the execution of this Agreement by you. 
 11. It is Company’s and your intention
that this Agreement shall be effective as a full and final accord and satisfaction and release of each and every matter hereinabove referred to. You and Company acknowledge that you and Company are familiar with Section 1542 of the Civil Code
of the State of California which provides as follows: 
 “A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR
SUSPECT TO EXIST IN HIS FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM MUST HAVE MATERIALLY AFFECTED HIS SETTLEMENT WITH THE DEBTOR” 

 You and Company waive and relinquish any right and benefit which you and Company have or may have under Section 1542
to the full extent that you and Company may lawfully waive all such rights and benefits pertaining to the subject matter hereof. 
 12. This
Agreement constitutes the final and complete Agreement between you and Company with respect to the subject matter hereof. This Agreement supersedes any and all prior agreements between you and Company, including, but not limited to, the Employment
Agreement. No modification or waiver of the terms of this Agreement shall be valid unless in writing and signed by Company and you. 
 13.
This Agreement shall be governed by and construed according to the laws of the State of (state) as applicable to agreements executed in and to be wholly performed within such State. 
 IN WITNESS WHEREOF, the undersigned have acknowledged and executed this Agreement as of the date first set forth above. 
  

			
	SAMPLE
	
	  

	(name)
	
	[COMPANY NAME]
	
	SAMPLE
		
	By:Indenture related to the 4.0% Convertible Senior Notes due 2018

 Exhibit 4.1 
  
  
  
 SYNNEX CORPORATION 
 AND

 U.S. BANK NATIONAL ASSOCIATION, 
 as Trustee 
 INDENTURE 
 Dated as of May 12, 2008 
 4.0% Convertible Senior Notes due 2018 

  
  
  

 TABLE OF CONTENTS 
  

					
	 	  	 	  	Page
	 ARTICLE 1 DEFINITIONS
	  	1
	 Section 1.01
	  	Definitions	  	1
	 ARTICLE 2 ISSUE, DESCRIPTION, EXECUTION, REGISTRATION AND EXCHANGE OF NOTES
	  	10
	 Section 2.01
	  	Designation and Amount	  	10
	 Section 2.02
	  	Form of Notes	  	10
	 Section 2.03
	  	Date and Denomination of Notes; Payments of Interest	  	11
	 Section 2.04
	  	Payments of Contingent Interest and Additional Interest	  	11
	 Section 2.05
	  	Execution, Authentication and Delivery of Notes	  	12
	 Section 2.06
	  	Exchange and Registration of Transfer of Notes; Restrictions on Transfer; Depositary	  	12
	 Section 2.07
	  	Mutilated, Destroyed, Lost or Stolen Notes	  	17
	 Section 2.08
	  	Temporary Notes	  	17
	 Section 2.09
	  	Cancellation of Notes Paid, Etc.	  	18
	 Section 2.10
	  	CUSIP Numbers	  	18
	 Section 2.11
	  	Open-Market Repurchases	  	18
	 ARTICLE 3 REDEMPTION
	  	18
	 Section 3.01
	  	Company’s Right to Redeem; Notices to Trustee	  	18
	 Section 3.02
	  	Selection of Notes to Be Redeemed	  	18
	 Section 3.03
	  	Notice of Redemption	  	19
	 Section 3.04
	  	Effect of Notice of Redemption	  	20
	 Section 3.05
	  	Deposit of Redemption Price	  	20
	 Section 3.06
	  	Notes Redeemed in Part	  	20
	 ARTICLE 4 SATISFACTION AND DISCHARGE
	  	20
	 Section 4.01
	  	Satisfaction and Discharge	  	20
	 ARTICLE 5 PARTICULAR COVENANTS OF THE COMPANY
	  	21
	 Section 5.01
	  	Payment of Principal, Premium, Interest, Contingent Interest and Additional Interest	  	21
	 Section 5.02
	  	Maintenance of Office or Agency	  	21
	 Section 5.03
	  	Appointments to Fill Vacancies in Trustee’s Office	  	21
	 Section 5.04
	  	Provisions as to Paying Agent	  	21
	 Section 5.05
	  	Existence	  	22
	 Section 5.06
	  	Rule 144A Information Requirement and Annual Reports	  	22
	 Section 5.07
	  	Stay, Extension and Usury Laws	  	23
	 Section 5.08
	  	Compliance Certificate; Statements as to Defaults	  	23
	 Section 5.09
	  	Additional Interest Notice	  	23
	 Section 5.10
	  	Additional Interest Payable Upon Failure to Report or Delegend	  	23
	 Section 5.11
	  	Resale of Certain Notes	  	24
	 Section 5.12
	  	Further Instruments and Acts	  	24
	 ARTICLE 6 LISTS OF NOTEHOLDERS AND REPORTS BY THE COMPANY AND THE TRUSTEE
	  	24
	 Section 6.01
	  	Lists of Noteholders	  	24
	 Section 6.02
	  	Preservation and Disclosure of Lists	  	24
	 Section 6.03
	  	Reports by Trustee	  	25
	 ARTICLE 7 DEFAULTS AND REMEDIES
	  	25
	 Section 7.01
	  	Events of Default	  	25
	 Section 7.02
	  	Payments of Notes on Default; Suit Therefor	  	27
	 Section 7.03
	  	Application of Monies Collected by Trustee	  	28
	 Section 7.04
	  	Proceedings by Noteholders	  	29
	 Section 7.05
	  	Proceedings by Trustee	  	30
	 Section 7.06
	  	Remedies Cumulative and Continuing	  	30
	 Section 7.07
	  	Direction of Proceedings and Waiver of Defaults by Majority of Noteholders	  	30
	 Section 7.08
	  	Notice of Defaults	  	30
	 Section 7.09
	  	Undertaking to Pay Costs	  	31

  

 -i- 

					
	ARTICLE 8 CONCERNING THE TRUSTEE	  	31
	 Section 8.01
	  	Duties and Responsibilities of Trustee	  	31
	 Section 8.02
	  	Reliance on Documents, Opinions, Etc.	  	32
	 Section 8.03
	  	No Responsibility for Recitals, Etc.	  	33
	 Section 8.04
	  	Trustee, Paying Agents, Conversion Agents or Registrar May Own Notes	  	33
	 Section 8.05
	  	Monies to Be Held in Trust	  	33
	 Section 8.06
	  	Compensation and Expenses of Trustee	  	33
	 Section 8.07
	  	Officers’ Certificate as Evidence	  	34
	 Section 8.08
	  	Conflicting Interests of Trustee	  	34
	 Section 8.09
	  	Eligibility of Trustee	  	34
	 Section 8.10
	  	Resignation or Removal of Trustee	  	34
	 Section 8.11
	  	Acceptance by Successor Trustee	  	35
	 Section 8.12
	  	Succession by Merger, Etc.	  	36
	 Section 8.13
	  	Limitation on Rights of Trustee as Creditor	  	36
	 Section 8.14
	  	Trustee’s Application for Instructions from the Company	  	36
	ARTICLE 9 CONCERNING THE NOTEHOLDERS	  	36
	 Section 9.01
	  	Action by Noteholders	  	36
	 Section 9.02
	  	Proof of Execution by Noteholders	  	37
	 Section 9.03
	  	Who Are Deemed Absolute Owners	  	37
	 Section 9.04
	  	Company-Owned Notes Disregarded	  	37
	 Section 9.05
	  	Revocation of Consents; Future Holders Bound	  	37
	ARTICLE 10 NOTEHOLDERS’ MEETINGS	  	38
	 Section 10.01
	  	Purpose of Meetings	  	38
	 Section 10.02
	  	Call of Meetings by Trustee	  	38
	 Section 10.03
	  	Call of Meetings by Company or Noteholders	  	38
	 Section 10.04
	  	Qualifications for Voting	  	38
	 Section 10.05
	  	Regulations	  	39
	 Section 10.06
	  	Voting	  	39
	 Section 10.07
	  	No Delay of Rights by Meeting	  	39
	ARTICLE 11 SUPPLEMENTAL INDENTURES	  	39
	 Section 11.01
	  	Supplemental Indentures Without Consent of Noteholders	  	39
	 Section 11.02
	  	Supplemental Indentures With Consent of Noteholders	  	40
	 Section 11.03
	  	Effect of Supplemental Indentures	  	41
	 Section 11.04
	  	Notation on Notes	  	41
	 Section 11.05
	  	Evidence of Compliance of Supplemental Indenture to Be Furnished Trustee	  	41
	ARTICLE 12 CONSOLIDATION, MERGER, SALE, CONVEYANCE AND LEASE	  	42
	 Section 12.01
	  	Company May Consolidate, Etc. on Certain Terms	  	42
	 Section 12.02
	  	Successor Corporation to Be Substituted	  	42
	 Section 12.03
	  	Opinion of Counsel to Be Given Trustee	  	43
	ARTICLE 13 IMMUNITY OF INCORPORATORS, STOCKHOLDERS, OFFICERS AND DIRECTORS	  	43
	 Section 13.01
	  	Indenture and Notes Solely Corporate Obligations	  	43
	ARTICLE 14 CONTINGENT INTEREST	  	43
	 Section 14.01
	  	Contingent Interest	  	43
	 Section 14.02
	  	Payment of Contingent Interest	  	43
	 Section 14.03
	  	Contingent Interest Notification	  	43
	ARTICLE 15 CONVERSION OF NOTES	  	44
	 Section 15.01
	  	Conversion Privilege	  	44
	 Section 15.02
	  	Conversion Procedure	  	45
	 Section 15.03
	  	Increased Conversion Rate Applicable to Certain Notes Surrendered in Connection with Make-Whole Fundamental Changes	  	49
	 Section 15.04
	  	Adjustment of Conversion Rate	  	50
	 Section 15.05
	  	Shares to Be Fully Paid	  	57
	 Section 15.06
	  	Effect of Reclassification, Consolidation, Merger or Sale	  	57
	 Section 15.07
	  	Certain Covenants	  	59
	 Section 15.08
	  	Responsibility of Trustee	  	59
	 Section 15.09
	  	Notice to Holders Prior to Certain Actions	  	60

  

 -ii- 

					
	 Section 15.10
	  	Stockholder Rights Plans	  	60
	 Section 15.11
	  	Exchange in Lieu of Conversion	  	61
	ARTICLE 16 REPURCHASE OF NOTES AT OPTION OF HOLDERS	  	61
	 Section 16.01
	  	Repurchase of Notes by the Company at Option of the Holder	  	61
	 Section 16.02
	  	Withdrawal of Repurchase Notice	  	63
	 Section 16.03
	  	Deposit of Repurchase Price	  	64
	 Section 16.04
	  	Repurchase at Option of Holders upon a Fundamental Change	  	64
	 Section 16.05
	  	Withdrawal of Fundamental Change Repurchase Notice	  	66
	 Section 16.06
	  	Deposit of Fundamental Change Repurchase Price	  	67
	ARTICLE 17 TAX TREATMENT	  	67
	 Section 17.01
	  	Contingent Debt Tax Treatment	  	67
	 Section 17.02
	  	Calculation of Tax Original Issue Discount	  	68
	ARTICLE 18 MISCELLANEOUS PROVISIONS	  	68
	 Section 18.01
	  	Provisions Binding on Company’s Successors	  	68
	 Section 18.02
	  	Official Acts by Successor Corporation	  	68
	 Section 18.03
	  	Addresses for Notices, Etc.	  	68
	 Section 18.04
	  	Governing Law	  	69
	 Section 18.05
	  	Evidence of Compliance with Conditions Precedent; Certificates and Opinions of Counsel to Trustee	  	69
	 Section 18.06
	  	Legal Holidays	  	69
	 Section 18.07
	  	No Security Interest Created	  	69
	 Section 18.08
	  	Trust Indenture Act	  	69
	 Section 18.09
	  	Benefits of Indenture	  	69
	 Section 18.10
	  	Table of Contents, Headings, Etc.	  	69
	 Section 18.11
	  	Authenticating Agent	  	70
	 Section 18.12
	  	Execution in Counterparts	  	70
	 Section 18.13
	  	Severability	  	70
	 Section 18.14
	  	Waiver of Jury Trial	  	70
	 Section 18.15
	  	Force Majeure	  	71
	 Section 18.16
	  	Calculations in Respect of the Notes	  	71

 EXHIBITS 

					
	 Exhibit A
	  	Form of Note	  	A-1
	 Exhibit B
	  	Form of Tax Legend	  	B-1

  

 -iii- 

 CROSS-REFERENCE TABLE 
  

				
	 TIA Section
	  	Indenture
Section	 
	310(a)(1)	  	8.09	 
	      (a)(2)	  	8.09	 
	      (a)(3)	  	N.A.	 
	      (a)(4)	  	N.A.	 
	      (a)(5)	  	8.09	 
	      (b)	  	8.08	 
	      (c)	  	N.A.	 
	311(a)	  	8.13	 
	      (b)	  	8.13	 
	      (c)	  	N.A.	 
	312(a)	  	6.01	 
	      (b)	  	6.02	(b)
	      (c)	  	6.02	(c)
	313(a)	  	6.03	 
	      (b)(1)	  	N.A.	 
	      (b)(2)	  	6.03	 
	      (c)	  	6.03; 18.03	 
	      (d)	  	6.03	(b)
	314(a)	  	5.06; 5.08	 
	      (b)	  	N.A.	 
	      (c)(1)	  	18.05	 
	      (c)(2)	  	18.05	 
	      (c)(3)	  	N.A.	 
	      (d)	  	N.A.	 
	      (e)	  	18.05	 
	      (f)	  	N.A.	 
	315(a)	  	8.01; 8.02	 
	      (b)	  	7.08; 18.03	 
	      (c)	  	8.01	 
	      (d)	  	8.01	 
	      (e)	  	7.09	 
	316(a)(last sentence)	  	9.04	 
	      (a)(1)(A)	  	7.07	 
	      (a)(1)(B)	  	7.07	 
	      (a)(2)	  	N.A.	 
	      (b)	  	7.04	 
	      (c)	  	9.01	 
	317(a)(1)	  	7.02; 7.05	 
	      (a)(2)	  	7.02	 
	      (b)	  	5.04	 
	318(a)	  	18.08	 

  
 N.A. means not applicable. 
  

	Note:	This Cross-Reference table shall not, for any purpose, be deemed to be part of this Indenture. 

  

 -iv- 

 INDENTURE dated as of May 12, 2008 between SYNNEX Corporation, a Delaware corporation, as issuer
(hereinafter sometimes called the “Company”, as more fully set forth in Section 1.01) and U.S. Bank National Association, a national banking association, as trustee (hereinafter sometimes called the “Trustee”,
as more fully set forth in Section 1.01). 
 W I T N E S S E T H: 
 WHEREAS, for its lawful corporate purposes, the Company has duly authorized the issue of its 4.0% Convertible Senior Notes due 2018 (hereinafter
sometimes called the “Notes”), initially in an aggregate principal amount not to exceed $125,000,000 (or $143,750,000 if the Initial Purchasers exercise their option to purchase additional Notes in full as set forth in the Purchase
Agreement), and in order to provide the terms and conditions upon which the Notes are to be authenticated, issued and delivered, the Company has duly authorized the execution and delivery of this Indenture; and 
 WHEREAS, the Form of Note, the certificate of authentication to be borne by each Note, the Form of Notice of Conversion, the Form of Repurchase Notice,
the Form of Fundamental Change Repurchase Notice and the Form of Assignment and Transfer to be borne by the Notes are to be substantially in the forms hereinafter provided for; and 
 WHEREAS, all acts and things necessary to make the Notes, when executed by the Company and authenticated and delivered by the Trustee or a duly
authorized authenticating agent, as in this Indenture provided, the valid, binding and legal obligations of the Company, and to constitute these presents a valid agreement according to its terms, have been done and performed, and the execution of
this Indenture and the issue hereunder of the Notes have in all respects been duly authorized. 
 NOW, THEREFORE, THIS INDENTURE WITNESSETH:

 That in order to declare the terms and conditions upon which the Notes are, and are to be, authenticated, issued and delivered, and in
consideration of the premises and of the purchase and acceptance of the Notes by the holders thereof, the Company covenants and agrees with the Trustee for the equal and proportionate benefit of the respective holders from time to time of the Notes
(except as otherwise provided below), as follows: 
 ARTICLE 1 
 DEFINITIONS 
 Section 1.01 Definitions. For all purposes of this
Indenture, except as otherwise expressly provided or unless the context otherwise requires: 
 (i) the terms defined in this
Article 1 have the meaning assigned to them in this Article and include the plural as well as the singular; 
 (ii)
“or” is not exclusive; 
 (iii) all other terms used herein that are defined in the Trust Indenture Act, either
directly or by reference therein, have the meaning assigned to them therein; 
 (iv) all accounting terms not otherwise
defined herein have the meaning assigned to them in accordance with U.S. generally accepted accounting principles in effect from time to time; 
 (v) the words “herein,” “hereof” and “hereunder” and other words of similar import refer to this Indenture as a whole and not to any particle Article, Section or other subdivision; and

 (vi) references to currency shall mean the lawful currency of the United State of
America. 
 “Additional Interest” means any additional interest payable pursuant to Section 5.10 or any Supplementary
Interest payable pursuant to Section 7.01. 
 “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,” when used with respect to any specified Person means the power to direct or
cause the direction of the management and policies of such Person, directly or indirectly, whether through the ownership of voting securities, by contract or otherwise; and the terms “controlling” and “controlled” have meanings
correlative to the foregoing. 
 “Board of Directors” means the board of directors of the Company or a committee of such
board duly authorized to act for it hereunder. 
 “Board Resolution” means a copy of a resolution certified by the Secretary
or an Assistant Secretary of the Company to have been duly adopted by the Board of Directors, and to be in full force and effect on the date of such certification, and delivered to the Trustee. 
 “Business Day” means each Monday, Tuesday, Wednesday, Thursday and Friday that is not a day on which the banking institutions in The
City of New York are authorized or obligated by law or executive order to close or be closed. 
 “Capital Stock” means, for
any entity, any and all shares, interests, rights to purchase, warrants, options, participations or other equivalents of or interests in (however designated) stock issued by that entity. 
 “Cash Settlement Averaging Period” means, with respect to any Note surrendered for conversion, the sixty consecutive Trading Day period
beginning on and including the third Trading Day after the Conversion Date for such Note; provided that, with respect to any Conversion Date occurring during the period beginning on November 15, 2017, and ending at close of business on
the Business Day immediately prior to the Maturity Date, the “Cash Settlement Averaging Period” means the sixty consecutive Trading Days beginning on and including the sixty-second Scheduled Trading Day prior to the Maturity Date.

 “close of business” means 5:00 p.m. (New York City time). 
 “Commission” means the Securities and Exchange Commission. 
 “Common Equity” of any Person means Capital Stock of such Person that is generally entitled (a) to vote in the election of
directors of such Person or (b) if such Person is not a corporation, to vote or otherwise participate in the selection of the governing body, partners, managers or others that will control the management or policies of such Person. 

“Common Stock” means, subject to Section 15.06, shares of common stock of the Company, par value $0.001 per share, at the date
of this Indenture or shares of any class or classes resulting from any reclassification or reclassifications thereof and that have no preference in respect of dividends or of amounts payable in the event of any voluntary or involuntary liquidation,
dissolution or winding up of the Company and that are not subject to redemption by the Company; provided that if at any time there shall be more than one such resulting class, the shares of each such class then so issuable shall be
substantially in the proportion that the total number of shares of such class resulting from all such reclassifications bears to the total number of shares of all such classes resulting from all such reclassifications. 
 “Company” means SYNNEX Corporation, a Delaware corporation, and subject to the provisions of Article 12, shall include its successors
and assigns. 
  

 2 

 “Company Order” means a written order of the Company, signed by (a) the
Company’s Chief Executive Officer, President, Chief Operating Officer, Chief Financial Officer or General Counsel and (b) any such other officer designated in clause (a) of this definition or the Company’s Treasurer or Assistant
Treasurer or Secretary or any Assistant Secretary, and delivered to the Trustee. 
 “Contingent Debt Regulations” has the
meaning specified in Section 17.01(a). 
 “Contingent Interest” means such interest payable as described in Article 14.

 “Contingent Interest Period” means (i) the period commencing on, and including, May 15, 2013 and ending on, and
including, November 14, 2013, and (ii) each six-month period from and including November 15 to and including May 14 or from and including May 15 to and including November 14 thereafter. 
 “Continuing Director” means a director who either was a member of the Board of Directors on May 6, 2008 or who becomes a member of
the Board of Directors subsequent to that date and whose election, appointment or nomination for election by the stockholders of the Company, is duly approved by a majority of the continuing directors on the Board of Directors at the time of such
approval, either by a specific vote or by approval of the proxy statement issued by the Company on behalf of the entire Board of Directors in which such individual is named as nominee for director. 
 “Conversion Agent” shall have the meaning specified in Section 5.02. 
 “Conversion Date” shall have the meaning specified in Section 15.02(c). 
 “Conversion Obligation” shall have the meaning specified in Section 15.01(a). 
 “Conversion Price” means as of any date, $1,000, divided by the Conversion Rate as of such date. 
 “Conversion Rate” shall have the meaning specified in Section 15.01(a). 
 “Conversion Trigger Price” shall have the meaning specified in Section 15.01(b)(iv). 
 “Corporate Trust Office” means the designated office of the Trustee at which at any time its corporate trust business shall be
administered, which office at the date hereof is located at 100 Wall Street, Suite 1600, New York, New York 10005, or such other address as the Trustee may designate from time to time by notice to the Noteholders and the Company, or the principal
corporate trust office of any successor Trustee (or such other address as such successor Trustee may designate from time to time by notice to the Noteholders and the Company). 
 “Custodian” means U.S. Bank National Association, as custodian for The Depository Trust Company, with respect to the Global Notes, or
any successor entity thereto. 
 “Daily Conversion Value” means, for each of the sixty consecutive Trading Days during the
Cash Settlement Averaging Period, one-thirtieth (1/60th) of the product of (a) the then-applicable Conversion Rate on such Trading Day and (b) the Daily VWAP of the Common Stock on such Trading Day. 
 “Daily Measurement Value” is equal to the Specified Dollar Amount, divided by 60. 
 “Daily Settlement Amount,” for each of the sixty consecutive Trading Days during the Cash Settlement Averaging Period, shall consist of:

 (a) cash equal to the lesser of the Daily Measurement Value and the Daily Conversion Value for such Trading Day; and

 (b) to the extent such Daily Conversion Value for such Trading Day exceeds the Daily Measurement Value, a number of shares
of Common Stock equal to the Daily Share Amount. 
  

 3 

 “Daily Share Amount” means, to the extent the Daily Conversion Value exceeds the Daily
Measurement Value, (i) the difference between the Daily Conversion Value and the Daily Measurement Value, divided by (ii) the Daily VWAP of the Common Stock for such Trading Day. 
 “Daily VWAP” for the Common Stock means the per share volume-weighted average price on the New York Stock Exchange as displayed under
the heading “Bloomberg VWAP” on Bloomberg page “SNX.N <equity> AQR” (or any successor page thereto) in respect of the period from the scheduled open of trading until the scheduled close of trading of the primary trading
session on such Trading Day (or if such volume-weighted average price is unavailable, the market value of one share of the Common Stock on such Trading Day as determined in a commercially reasonable manner by the Board of Directors, in consultation
with a nationally recognized investment banking firm, using a volume-weighted method) and will be determined without regard to after hours trading or any other trading outside of the regular trading session. 
 “Default” means any event that is, or after notice or passage of time, or both, would be, an Event of Default. 
 “Defaulted Interest” means any interest on any Note that is payable, but is not punctually paid or duly provided for, on any May 15
or November 15. 
 “Depositary” means, with respect to the Global Notes the Person specified in Section 2.06 as
the Depositary with respect to such Notes, until a successor shall have been appointed and become such pursuant to the applicable provisions of this Indenture, and thereafter, “Depositary” shall mean or include such successor.

 “Designated Institution” shall have the meaning specified in Section 15.11. 
 “Distributed Property” shall have the meaning specified in Section 15.04(c). 
 “Effective Date” shall have the meaning specified in Section 15.03(a). 
 “Event of Default” shall have the meaning specified in Section 7.01. 
 “Ex-Dividend Date” means, with respect to any issuance, dividend or distribution in which the holders of Common Stock (or other
security) have the right to receive any cash, securities or other property, the first date on which the shares of the Common Stock (or other security) trade on the applicable exchange or in the applicable market, regular way, without the right to
receive the issuance, dividend or distribution in question. 
 “Exchange Act” means the Securities Exchange Act of 1934, as
amended, and the rules and regulations promulgated thereunder. 
 “Exchange Election” shall have the meaning specified in
Section 15.11. 
 “Fiscal Quarter” means a fiscal quarter of any Fiscal Year. 
 “Fiscal Year” means a fiscal year of the Company ending on November 30 of each calendar year. 
 “Fundamental Change” means the occurrence after the original issuance of the Notes of any of the following events: 
 (a) any “person” or “group” (within the meaning of Section 13(d) of the Exchange Act) other than the Company or
its Subsidiaries files a Schedule TO or any schedule, form or report under the Exchange Act disclosing that such person or group has become the direct or indirect ultimate “beneficial owner,” as defined in Rule 13d-3 under the Exchange
Act, of the Company’s Common Equity representing more than 50% of the voting power of the Company’s Common Equity; 
  

 4 

 (b) consummation of any share exchange, exchange offer, tender offer, consolidation or
merger of the Company pursuant to which the Common Stock will be converted into cash, securities or other property or any sale, lease or other transfer in one transaction or a series of transactions of all or substantially all of the consolidated
assets of the Company and its Subsidiaries, taken as a whole, to any Person other than one of the Company’s Subsidiaries; provided, however, that a share exchange, consolidation or merger transaction in which the holders of more than 50%
of the total voting power of all shares of the Company’s Capital Stock entitled to vote generally in elections of directors immediately prior to such transaction have the right to exercise, directly or indirectly, 50% or more of the total
voting power of all shares of the capital stock entitled to vote generally in elections of directors of the continuing or surviving Person immediately after giving effect to such action, will not constitute a “Fundamental Change”;

 (c) Continuing Directors cease to constitute at least a majority of the Board of Directors; 
 (d) the stockholders of the Company approve any plan or proposal for the liquidation or dissolution of the Company; or 
 (e) the Common Stock ceases to be listed on a United States national or regional securities exchange, 
 provided, however, in the case of a transaction or event described in clause (b) above, if at least 90% of the consideration received or to be
received by holders of the Common Stock, excluding cash payments for fractional shares, in the transaction or transactions constituting the Fundamental Change consists of shares of Publicly Traded Securities, and as a result of such transaction or
transactions, the Notes become convertible into such Publicly Traded Securities, excluding cash payments for fractional shares (subject to the provisions of Section 15.02(a)), such event shall not be a Fundamental Change and, for the avoidance
of doubt, an event that is not considered a Fundamental Change pursuant to this proviso shall not be a Fundamental Change solely because such event could also be described by clause (a) above. 
 For purposes of this definition, whether a “person” is a “beneficial owner” shall be determined in accordance with Rule
13d-3 under the Exchange Act and “person” includes any syndicate or group that would be deemed to be a “person” under Section 13(d)(3) of the Exchange Act. 
 “Fundamental Change Company Notice” shall have the meaning specified in Section 16.04(b). 
 “Fundamental Change Expiration Time” shall have the meaning specified in Section 16.04(b)(ix). 
 “Fundamental Change Repurchase Date” shall have the meaning specified in Section 16.04(a). 
 “Fundamental Change Repurchase Notice” shall have the meaning specified in Section 16.04(a)(i). 
 “Fundamental Change Repurchase Price” shall have the meaning specified in Section 16.04(a). 
 “Global Note” shall have the meaning specified in Section 2.06(b). 
 “Indenture” means this instrument as originally executed or, if amended or supplemented as herein provided, as so amended or
supplemented. 
 “Initial Purchasers” means Banc of America Securities LLC, UBS Securities LLC and Raymond James &
Associates, Inc. 
 “Interest Payment Date” means each May 15 and November 15 of each year, beginning on
November 15, 2008; provided, however, that if any Interest Payment Date falls on a date that is not a Business Day, such payment of interest (or principal in the case of the Maturity Date) will be postponed until the next
succeeding Business Day, and no interest or other amount will be paid as a result of such postponement. 
  

 5 

 “Interest Record Date,” with respect to any Interest Payment Date, shall mean the
May 1 or November 1 (whether or not such day is a Business Day) immediately preceding the applicable May 15 or November 15 Interest Payment Date, respectively. 
 “Last Reported Sale Price” of the Common Stock on any date means the closing sale price per share (or if no closing sale price is
reported, the average of the bid and ask prices or, if more than one in either case, the average of the average bid and the average ask prices) on that date as reported in composite transactions for the principal U.S. national or regional securities
exchange on which the Common Stock is listed for trading. If the Common Stock is not listed for trading on a U.S. national or regional securities exchange on the relevant date, then the “Last Reported Sale Price” will be the closing
sale price (or if no closing sale price is reported, the average of the bid and ask prices or, if more than one in either case, the average of the average bid and the average ask prices) for the Common Stock on the relevant date as reported by the
OTC Bulletin Board, or, if not so reported, the last quoted bid price for the Common Stock in the over-the-counter market on the relevant date as reported by Pink Sheets LLC or a similar organization. If the Common Stock is not so quoted, the
“Last Reported Sale Price” will be the average of the mid-point of the last bid and ask prices for the Common Stock on the relevant date from each of at least three nationally recognized independent investment banking firms selected
by the Company for this purpose. 
 “Make-Whole Conversion Rate Adjustment” shall have the meaning specified in
Section 15.03(a). 
 “Make-Whole Fundamental Change” means any transaction or event that constitutes a Fundamental
Change as described in clause (a) or (b) (without giving effect to the proviso in clause (b)) of the definition thereof, and subject to the proviso at the end of such definition. 
 “Market Disruption Event” means (a) a failure by the primary exchange or quotation system on which the Common Stock trades or is
quoted, as the case may be, to open for trading during its regular trading session or (b) the occurrence or existence prior to 1:00 p.m. New York City time, on any Trading Day for the Common Stock for an aggregate one-half hour period of any
suspension or limitation imposed on trading (by reason of movements in price exceeding limits permitted by the stock exchange or otherwise) in the Common Stock or in any options, contracts or future contracts relating to the Common Stock.

 “Maturity Date” means May 15, 2018. 
 “Measurement Period” shall have the meaning specified in Section 15.01(b)(i). 
 “Merger Event” shall have the meaning specified in Section 15.06. 
 “Note” or
“Notes” shall mean any note or notes, as the case may be, authenticated and delivered under this Indenture. 
 “Noteholder” or “holder,” as applied to any Note, or other similar terms (but excluding the term “beneficial holder”), shall mean any person in whose name at the time a particular Note is
registered on the Note Register. 
 “Note Register” shall have the meaning specified in Section 2.06(a). 
 “Note Registrar” shall have the meaning specified in Section 2.06(a). 
 “Notice of Conversion” shall have the meaning specified in Section 15.02(b). 
 “Offering Memorandum” means the final offering memorandum dated May 6, 2008 relating to the offering and sale of the Notes.

 “Officer” means, with respect to the Company, the Chief Executive Officer, the President, the Chief Operating Officer,
the Chief Financial Officer, the General Counsel, the Treasurer or the Secretary. 
  

 6 

 “Officers’ Certificate,” when used with respect to the Company, means a certificate
signed by (a) one Officer of the Company and (b) another officer of the Company or one of the Treasurer or any Assistant Treasurer, Secretary or any Assistant Secretary or Controller of the Company that is delivered to the Trustee. Each
such certificate shall include the statements provided for in Section 18.05 if and to the extent required by the provisions of such Section. One of the officers giving an Officers’ Certificate pursuant to Section 5.08 shall be the
principal executive, financial or accounting officer of the Company. 
 “opening of business” means 9:00 a.m. (New York City
time). 
 “Opinion of Counsel” means an opinion in writing signed by legal counsel, who may be an employee of or counsel to
the Company, or other counsel acceptable to the Trustee, that is delivered to the Trustee. Each such opinion shall include the statements provided for in Section 18.05 if and to the extent required by the provisions of such Section. 

“outstanding,” when used with reference to Notes, shall, subject to the provisions of Section 9.04, mean, as of any particular
time, all Notes authenticated and delivered by the Trustee under this Indenture, except: 
 (a) Notes theretofore canceled by
the Trustee or accepted by the Trustee for cancellation; 
 (b) Notes, or portions thereof, for the payment or repurchase of
which monies in the necessary amount shall have been deposited in trust with the Trustee or with any Paying Agent (other than the Company) or shall have been set aside and segregated in trust by the Company (if the Company shall act as its own
Paying Agent); provided that, if any such Note is repurchased, the holder thereof shall have delivered a Repurchase Notice or a Fundamental Change Repurchase Notice in accordance with Section 16.01 and Section 16.04, respectively;

 (c) Notes that have been paid pursuant to Section 2.07 or Notes in lieu of which, or in substitution for which, other
Notes shall have been authenticated and delivered pursuant to the terms of Section 2.07 unless proof satisfactory to the Trustee is presented that any such Notes are held by protected purchasers in due course; and 
 (d) Notes converted pursuant to Article 15. 
 “Paying Agent” shall have the meaning specified in Section 5.02. 
 “Person” means an individual, a corporation, a limited liability company, an association, a partnership, a joint venture, a joint stock company, a trust, an unincorporated organization or a government or an agency or a
political subdivision thereof. 
 “Portal Market” means The Portal Market operated by The NASDAQ Stock Market LLC or any
successor thereto. 
 “Predecessor Note” of any particular Note means every previous Note evidencing all or a portion of the
same debt as that evidenced by such particular Note; and, for the purposes of this definition, any Note authenticated and delivered under Section 2.07 in lieu of or in exchange for a mutilated, lost, destroyed or stolen Note shall be deemed to
evidence the same debt as the mutilated, lost, destroyed or stolen Note that it replaces. 
 “Publicly Traded Securities”
means shares of common stock or common equity interests that are traded on a national securities exchange or that will be so traded when issued or exchanged in connection with a Fundamental Change described in clause (b) of the definition
thereof. 
 “Purchase Agreement” means that certain Purchase Agreement, dated as of May 6, 2008, among the Company and
the Initial Purchasers. 
 “Record Date” shall have the meaning specified in Section 15.04(f). 
  

 7 

 “Redemption Date” means the date specified in a notice of redemption on which the Notes
may be redeemed in accordance with the terms of the Notes and this Indenture. 
 “Redemption Price” shall have the meaning
specified in Section 3.01. 
 “Reference Property” shall have the meaning specified in Section 15.06(b).

 “Repurchase Company Notice” shall have the meaning specified in Section 16.01(a). 
 “Repurchase Date” shall have the meaning specified in Section 16.01(a). 
 “Repurchase Expiration Time” shall have the meaning specified in Section 16.01(a). 
 “Repurchase Notice” shall have the meaning specified in Section 16.01(b). 
 “Repurchase Price” shall have the meaning specified in Section 16.01(a). 
 “Resale Restriction Termination Date” shall have the meaning specified in Section 2.06(d). 
 “Responsible Officer” means, when used with respect to the Trustee, any officer within the corporate trust department of the Trustee,
including any vice president, assistant vice president, assistant secretary, assistant treasurer, trust officer or any other officer of the Trustee who customarily performs functions similar to those performed by the Persons who at the time shall be
such officers, respectively, or to whom any corporate trust matter is referred because of such person’s knowledge of and familiarity with the particular subject and who shall have direct responsibility for the administration of this Indenture.

 “Restricted Securities” shall have the meaning specified in Section 2.06(d). 
 “Rule 144A” means Rule 144A as promulgated under the Securities Act. 
 “Scheduled Trading Day” means any day that is scheduled to be a Trading Day. 
 “Securities Act” means the Securities Act of 1933, as amended, and the rules and regulations promulgated thereunder. 
 “Settlement Amount” has the meaning specified in Section 15.02(a). 
 “Settlement Method” means, with respect to a conversion of Notes, the relative proportions of cash and/or shares of Common Stock with
which such conversion is settled under this Indenture, as elected (or deemed elected) by the Company. 
 “Settlement Notice”
has the meaning specified in Section 15.02(a)(iii). 
 “Specified Dollar Amount” means the amount of cash per $1,000
principal amount of converted Note specified in the Settlement Notice related to such converted Note. 
 “Spin-Off” shall
have the meaning specified in Section 15.04(c). 
 “Stock Price” means (a) in the case of a Make-Whole Fundamental
Change described in clause (b) of the definition of Fundamental Change in which holders of Common Stock receive solely cash consideration in connection with such Make-Whole Fundamental Change, the amount of cash paid per share of the Common
Stock and (b) in the case of all other Make-Whole Fundamental Changes, the average of the Last Reported Sale Prices per share of Common Stock over the period of five consecutive Trading Days ending on the Trading Day immediately preceding the
Effective Date of such Make-Whole Fundamental Change. The Board of Directors will make appropriate adjustments, in its good faith determination, to account for any adjustment to the Conversion Rate that becomes effective, or any event requiring an
adjustment to the Conversion Rate where the Ex-Dividend Date of the event occurs, during such five consecutive Trading Days. 
  

 8 

 “Subsidiary” means, with respect to any Person, any corporation, association,
partnership or other business entity of which more than 50% of the total voting power of shares of Capital Stock or other interests (including partnership interests) entitled (without regard to the occurrence of any contingency) to vote in the
election of directors, managers, general partners or trustees thereof is at the time owned or controlled, directly or indirectly, by (i) such Person; (ii) such Person and one or more Subsidiaries of such Person; or (iii) one or more
Subsidiaries of such Person. 
 “Successor Company” shall have the meaning specified in Section 12.01(a). 

“Supplementary Interest” shall have the meaning specified in Section 7.01. 
 “Tax Original Issue Discount” means the amount of ordinary interest income on a Note that must be accrued as original issue discount for
U.S. federal income tax purposes pursuant to Treasury regulation Section 1.1275-4 or any successor thereto. 
 “Trading
Day” means a day during which trading in the Common Stock generally occurs and there is no Market Disruption Event. 
 “Trading Price” with respect to the Notes, on any date of determination means the average of the secondary market bid quotations obtained by the Trustee for $5.0 million principal amount of Notes at approximately 3:30 p.m.,
New York City time, on such determination date from three independent U.S. nationally recognized securities dealers selected by the Company; provided that, if three such bids cannot reasonably be obtained by the Trustee, but two such bids are
obtained, then the average of the two bids shall be used, and if only one such bid can reasonably be obtained by the Trustee, that one bid shall be used. If the Trustee cannot reasonably obtain at least one bid for $5.0 million principal amount of
Notes from any such nationally recognized securities dealer, then (i) for purposes of any determination of whether Contingent Interest is payable pursuant to Article 14 or of the amount of any Contingent Interest, the Trading Price of the Notes
on any date of determination shall equal the product of (x) the applicable Conversion Rate for the Notes and (y) the average Last Reported Sale Price of the Common Stock on the ten Trading Days ending on such determination date and
(ii) for purposes of any determination of whether the condition to conversion under Section 15.01(b)(i) is met, the Trading Price per $1,000 principal amount of Notes will be deemed to be less than 98% of the product of the Last Reported
Sale Price of the Common Stock and the Conversion Rate. 
 “Trigger Event” shall have the meaning specified in
Section 15.04(c). 
 “Trust Indenture Act” means the Trust Indenture Act of 1939, as amended, as it was in force at the
date of execution of this Indenture, except as provided in Section 11.03 and Section 15.06; provided, however, that in the event the Trust Indenture Act of 1939 is amended after the date hereof, the term “Trust
Indenture Act” shall mean, to the extent required by such amendment, the Trust Indenture Act of 1939, as so amended. 
 “Trustee” means the Person named as the “Trustee” in the first paragraph of this Indenture until a successor Trustee shall have become such pursuant to the applicable provisions of this Indenture, and thereafter
“Trustee” shall mean or include each Person who is then a Trustee hereunder. 
 “Weighted Average Consideration”
shall have the meaning specified in Section 15.06(c)(iv). 
  

 9 

 ARTICLE 2 
 ISSUE, DESCRIPTION, EXECUTION, 
 REGISTRATION AND EXCHANGE OF NOTES 
 Section 2.01 Designation and Amount. The Notes shall be designated as the “4.0% Convertible Senior Notes due 2018.” The aggregate
principal amount of Notes that may be authenticated and delivered under this Indenture is initially limited to $125,000,000 (or $143,750,000 if the Initial Purchasers exercise their option to purchase additional Notes in full as set forth in the
Purchase Agreement), subject to Section 2.11 and except for Notes authenticated and delivered upon registration or transfer of, or in exchange for, or in lieu of other Notes pursuant to Section 2.06, Section 2.07, Section 2.08,
Section 3.06, Section 11.04, Section 15.02, Section 16.03 and Section 16.06 hereof. 
 Section 2.02 Form of
Notes. The Notes and the Trustee’s certificate of authentication to be borne by such Notes shall be substantially in the respective forms set forth in Exhibit A, which are incorporated in and made a part of this Indenture. 
 Any Global Note may be endorsed with or have incorporated in the text thereof such legends or recitals or changes not inconsistent with
the provisions of this Indenture as may be required by the Custodian, the Depositary or by The NASDAQ Stock Market LLC in order for the Notes to be tradable on The Portal Market or as may be required for the Notes to be tradable on any other market
developed for trading of securities pursuant to Rule 144A or required to comply with any applicable law or any regulation thereunder or with the rules and regulations of any securities exchange or automated quotation system upon which the Notes may
be listed or traded or designated for issuance or to conform with any usage with respect thereto, or to indicate any special limitations or restrictions to which any particular Notes are subject. 
 Any of the Notes may have such letters, numbers or other marks of identification and such notations, legends or endorsements as the
officers executing the same may approve (execution thereof to be conclusive evidence of such approval) and as are not inconsistent with the provisions of this Indenture, or as may be required to comply with any law or with any rule or regulation
made pursuant thereto or with any rule or regulation of any securities exchange or automated quotation system on which the Notes may be listed or designated for issuance, or to conform to usage or to indicate any special limitations or restrictions
to which any particular Notes are subject. 
 The Global Note shall represent such principal amount of the outstanding Notes
as shall be specified therein and shall provide that it shall represent the aggregate principal amount of outstanding Notes from time to time endorsed thereon and that the aggregate principal amount of outstanding Notes represented thereby may from
time to time be increased or reduced to reflect redemptions, repurchases, conversions, transfers or exchanges permitted hereby. Any endorsement of the Global Note to reflect the amount of any increase or decrease in the amount of outstanding Notes
represented thereby shall be made by the Trustee or the Custodian, at the direction of the Trustee, in such manner and upon instructions given by the holder of such Notes in accordance with this Indenture. Payment of principal, accrued and unpaid
interest, Contingent Interest, if any, and Additional Interest, if any, and premium, if any (including any Redemption Price, Repurchase Price or Fundamental Change Repurchase Price), on the Global Note shall be made to the holder of such Note on the
date of payment, unless a record date or other means of determining holders eligible to receive payment is provided for herein. 
 The terms and provisions contained in the form of Note attached as Exhibit A hereto shall constitute, and are hereby expressly made, a part of this Indenture and, to the extent applicable, the Company and the Trustee, by their execution and
delivery of this Indenture, expressly agree to such terms and provisions and to be bound thereby. 
  

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 Section 2.03 Date and Denomination of Notes; Payments of Interest . The Notes shall be issuable in
registered form without coupons in denominations of $1,000 principal amount and integral multiples thereof. Each Note shall be dated the date of its authentication and shall bear interest from the date specified on the face of the form of Note
attached as Exhibit A hereto. Interest on the Notes shall be computed on the basis of a 360-day year comprised of twelve 30-day months. 
 The Person in whose name any Note (or its Predecessor Note) is registered on the Note Register at the close of business on any Interest Record Date with respect to any Interest Payment Date shall be entitled to receive the interest payable
on such Interest Payment Date. Interest (including Contingent Interest, if any, and Additional Interest, if any) shall be payable at the office or agency of the Company maintained by the Company for such purposes in The Borough of Manhattan, City of
New York, which shall initially be the office of the Paying Agent at 100 Wall Street, Suite 1600, New York, New York 10005, Attention: Corporate Trust Services. The Company shall pay interest (including Contingent Interest, if any, and Additional
Interest, if any) (a) on any Notes in certificated form by check mailed to the address of the Person entitled thereto as it appears in the Note Register (or upon written application by such Person to the Trustee and Paying Agent (if different
from the Trustee) not later than the relevant Interest Record Date, by wire transfer in immediately available funds to such Person’s account within the United States, if such Person is entitled to interest on an aggregate principal amount in
excess of $2,000,000, which application shall remain in effect until the Noteholder notifies the Trustee and Paying Agent to the contrary) or (b) on any Global Note by wire transfer of immediately available funds to the account of the
Depositary or its nominee. 
 Any Defaulted Interest shall forthwith cease to be payable to the Noteholder on the relevant Interest Record
Date by virtue of its having been such Noteholder, and such Defaulted Interest shall be paid by the Company, at its election in each case, as provided in clause (1) or (2) below: 
 (1) The Company may elect to make payment of any Defaulted Interest to the Persons in whose names the Notes (or their respective Predecessor Notes) are
registered at the close of business on a special record date for the payment of such Defaulted Interest, which shall be fixed in the following manner. The Company shall notify the Trustee in writing of the amount of Defaulted Interest proposed to be
paid on each Note and the date of the proposed payment (which shall be not less than twenty-five days after the receipt by the Trustee of such notice, unless the Trustee shall consent to an earlier date), and at the same time the Company shall
deposit with the Trustee an amount of money equal to the aggregate amount to be paid in respect of such Defaulted Interest or shall make arrangements satisfactory to the Trustee for such deposit on or prior to the date of the proposed payment, such
money when deposited to be held in trust for the benefit of the Persons entitled to such Defaulted Interest as in this clause provided. Thereupon the Company shall fix a special record date for the payment of such Defaulted Interest which shall be
not more than fifteen days and not less than ten days prior to the date of the proposed payment, and not less than ten days after the receipt by the Trustee of the notice of the proposed payment. The Company shall promptly notify the Trustee of such
special record date and the Trustee, in the name and at the expense of the Company, shall cause notice of the proposed payment of such Defaulted Interest and the special record date therefor to be mailed, first-class mail, postage prepaid, to each
holder at its address as it appears in the Note Register, not less than ten days prior to such special record date. Notice of the proposed payment of such Defaulted Interest and the special record date therefor having been so mailed, such Defaulted
Interest shall be paid to the Persons in whose names the Notes (or their respective Predecessor Notes) are registered at the close of business on such special record date and shall no longer be payable pursuant to the following clause (2) of
this Section 2.03. 
 (2) The Company may make payment of any Defaulted Interest in any other lawful manner not inconsistent with the
requirements of any securities exchange or automated quotation system on which the Notes may be listed or designated for issuance, and upon such notice as may be required by such exchange or automated quotation system, if, after notice given by the
Company to the Trustee of the proposed payment pursuant to this clause, such manner of payment shall be deemed practicable by the Trustee. 
 Section 2.04 Payments of Contingent Interest and Additional Interest. Whenever in this Indenture there is mentioned, in any context, the payment of interest on, or in respect of, any Note, such mention shall be deemed to include
mention of the payment of “Contingent Interest” and “Additional Interest” both as provided for in this Indenture to the extent that, in such context, Contingent Interest or Additional Interest is, was or would be payable in
respect thereof pursuant to the provisions of this Indenture or express mention of the payment of Contingent Interest (if applicable) or Additional Interest (if applicable) in any provisions hereof shall not be construed as excluding Contingent
Interest or Additional Interest, as the case may be, in those provisions hereof where such express mention is not made. 
  

 11 

 Section 2.05 Execution, Authentication and Delivery of Notes. The Notes shall be signed in the
name and on behalf of the Company by the manual or facsimile signature of any of its Officers. 
 At any time and from time to
time after the execution and delivery of this Indenture, the Company may deliver Notes executed by the Company to the Trustee for authentication, together with a Company Order for the authentication and delivery of such Notes, and the Trustee in
accordance with such Company Order shall authenticate and deliver such Notes, without any further action by the Company hereunder. 
 Only such Notes as shall bear thereon a certificate of authentication substantially in the form set forth on the form of Note attached as Exhibit A hereto, executed manually by an authorized signatory of the Trustee (or an authenticating
agent appointed by the Trustee as provided by Section 18.11), shall be entitled to the benefits of this Indenture or be valid or obligatory for any purpose. Such certificate by the Trustee (or such an authenticating agent) upon any Note
executed by the Company shall be conclusive evidence that the Note so authenticated has been duly authenticated and delivered hereunder and that the holder is entitled to the benefits of this Indenture. 
 In case any officer of the Company who shall have signed any of the Notes shall cease to be such officer before the Notes so signed shall
have been authenticated and delivered by the Trustee, or disposed of by the Company, such Notes nevertheless may be authenticated and delivered or disposed of as though the person who signed such Notes had not ceased to be such officer of the
Company; and any Note may be signed on behalf of the Company by such persons as, at the actual date of the execution of such Note, shall be the proper officers of the Company, although at the date of the execution of this Indenture any such person
was not such an officer. 
 Section 2.06 Exchange and Registration of Transfer of Notes; Restrictions on Transfer; Depositary.

 (a) The Company shall cause to be kept at the Corporate Trust Office a register (the register maintained in such office or
in any other office or agency of the Company designated pursuant to Section 5.02 being herein sometimes collectively referred to as the “Note Register”) in which, subject to such reasonable regulations as it may prescribe, the
Company shall provide for the registration of Notes and of transfers of Notes. Such register shall be in written form or in any form capable of being converted into written form within a reasonable period of time. The Trustee is hereby appointed
“Note Registrar” for the purpose of registering Notes and transfers of Notes as herein provided. The Company may appoint one or more co-registrars in accordance with Section 5.02. 
 Upon surrender for registration of transfer of any Note to the Note Registrar or any co-registrar, and satisfaction of the requirements for such transfer
set forth in this Section 2.06, the Company shall execute, and the Trustee shall authenticate and deliver, in the name of the designated transferee or transferees, one or more new Notes of any authorized denominations and of a like aggregate
principal amount and bearing such restrictive legends as may be required by this Indenture. 
 Notes may be exchanged for other Notes of any
authorized denominations and of a like aggregate principal amount, upon surrender of the Notes to be exchanged at any such office or agency maintained by the Company pursuant to Section 5.02. Whenever any Notes are so surrendered for exchange,
the Company shall execute, and the Trustee shall authenticate and deliver, the Notes that the Noteholder making the exchange is entitled to receive, bearing registration numbers not contemporaneously outstanding. 
 All Notes presented or surrendered for registration of transfer or for exchange, redemption, repurchase or conversion shall (if so required by the
Company, the Trustee, the Note Registrar or any co-registrar) be duly endorsed, or be accompanied by a written instrument or instruments of transfer in form satisfactory to the Company and duly executed, by the Noteholder thereof or its
attorney-in-fact duly authorized in writing. 
  

 12 

 No service charge shall be charged to the Noteholder for any exchange or registration of transfer of
Notes, but the Company or the Trustee may require payment of a sum sufficient to cover any tax, assessments or other governmental charges that may be imposed in connection therewith as a result of the name of the Noteholder of the new Notes issued
upon such exchange or registration of transfer of Notes being different from the name of the Noteholder of the old Notes presented or surrendered for such exchange or registration of transfer. 
 None of the Company, the Trustee, the Note Registrar or any co-registrar shall be required to exchange or register a transfer of (i) any Notes
surrendered for conversion or, if a portion of any Note is surrendered for conversion, such portion thereof surrendered for conversion, (ii) any Note selected for redemption or, if a portion of any Note is selected for redemption, such portion
thereof selected for redemption or (ii) any Notes, or a portion of any Note, surrendered for repurchase (and not withdrawn) in accordance with Article 16 hereof. 
 All Notes issued upon any registration of transfer or exchange of Notes in accordance with this Indenture shall be the valid obligations of the Company, evidencing the same debt, and entitled to the same benefits
under this Indenture as the Notes surrendered upon such registration of transfer or exchange. 
 (b) So long as the Notes are
eligible for book-entry settlement with the Depositary, unless otherwise required by law, all Notes shall be represented by one or more Notes in global form (each, a “Global Note”) registered in the name of the Depositary or the
nominee of the Depositary. The transfer and exchange of beneficial interests in a Global Note that does not involve the issuance of a Note in certificated form, shall be effected through the Depositary (but not the Trustee or the Custodian) in
accordance with this Indenture (including the restrictions on transfer set forth herein) and the procedures of the Depositary therefor. 
 (c) Notwithstanding any other provisions of this Indenture (other than the provisions set forth in this Section 2.06(c)), a Global Note may not be transferred as a whole or in part except (i) by the
Depositary to a nominee of the Depositary or 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 successor Depositary and
(ii) for transfers of portions of a Global Note in certificated form made upon request of a member of, or a participant in, the Depositary (for itself or on behalf of a beneficial owner) by written notice given to the Trustee by or on behalf of
the Depositary in accordance with customary procedures of the Depositary and in compliance with this Section. 
 The Depositary shall be a
clearing agency registered under the Exchange Act. The Company initially appoints The Depository Trust Company to act as Depositary with respect to the Global Note. Initially, the Global Note shall be issued to the Depositary, registered in the name
of Cede & Co., as the nominee of the Depositary, and deposited with the Trustee as custodian for Cede & Co. 
 If
(i) the Depositary notifies the Company at any time that the Depositary is unwilling or unable to continue as depositary for the Global Notes and a successor depositary is not appointed within 90 days, (ii) the Depositary ceases to be
registered as a clearing agency under the Exchange Act and a successor depositary is not appointed within 90 days or (iii) an Event of Default in respect of the Notes has occurred and is continuing, upon the request of the beneficial owner of
the Notes, the Company will execute, and the Trustee, upon receipt of an Officers’ Certificate and a Company Order for the authentication and delivery of Notes, will authenticate and deliver Notes in certificated form to each such beneficial
owner of the related Notes (or a portion thereof) in an aggregate principal amount equal to the principal amount of such Global Note, in exchange for such Global Note, and upon delivery of the Global Note to the Trustee such Global Note shall be
canceled. 
 Notes in certificated form issued in exchange for all or a part of the Global Note pursuant to this Section 2.06(c) shall
be registered in such names and in such authorized denominations as the Depositary, pursuant to instructions from its direct or indirect participants or otherwise, shall instruct the Trustee. Upon execution and authentication, the Trustee shall
deliver such definitive Notes to the Persons in whose names such definitive Notes are so registered. 
 At such time as all interests in a
Global Note have been converted, canceled, redeemed, repurchased or transferred, such Global Note shall be, upon receipt thereof, canceled by the Trustee in accordance with standing procedures and instructions existing between the Depositary and the
Custodian. At any time prior to such cancellation, if any interest in a Global Note is exchanged for Notes in certificated form, converted, canceled, redeemed, repurchased or transferred to a transferee who receives Notes in certificated form
therefor or any 

  

 13 

 
definitive Note is exchanged or transferred for part of such Global Note, the principal amount of such Global Note shall, in accordance with the standing
procedures and instructions existing between the Depositary and the Custodian, be appropriately reduced or increased, as the case may be, and an endorsement shall be made on such Global Note, by the Trustee or the Custodian, at the direction of the
Trustee, to reflect such reduction or increase. 
 None of the Company, the Trustee nor any agent of the Company or the Trustee will have any
responsibility or liability for any aspect of the records relating to or payments made on account of beneficial ownership interests of a Global Note or maintaining, supervising or reviewing any records relating to such beneficial ownership
interests. 
 (d) Every Note that bears or is required under this Section 2.06(d) to bear the legend set forth in this
Section 2.06(d) (together with any Common Stock issued upon conversion of the Notes and required to bear the legend set forth in Section 2.06(e), collectively, the “Restricted Securities”) shall be subject to the
restrictions on transfer set forth in this Section 2.06(d) (including the legend set forth below), unless such restrictions on transfer shall be eliminated or otherwise waived by written consent of the Company, and the holder of each such
Restricted Security, by such holder’s acceptance thereof, agrees to be bound by all such restrictions on transfer. As used in Section 2.06(d) and Section 2.06(e), the term “transfer” encompasses any sale, pledge, transfer or
other disposition whatsoever of any Restricted Security. 
 Until the date (the “Resale Restriction Termination Date”) the
later of (1) the date that is one year after the last date of original issuance of the Notes, or such other period of time as permitted by Rule 144 under the Securities Act or any successor provision thereto, and (2) such later date, if
any, as may be required by applicable laws, any certificate evidencing such Note (and all securities issued in exchange therefor or substitution thereof, other than Common Stock, if any, issued upon conversion thereof which shall bear the legend set
forth in Section 2.06(e), if applicable) shall bear a legend in substantially the following form (unless such Notes have been transferred pursuant to a registration statement that has become or been declared effective under the Securities Act
and that continues to be effective at the time of such transfer, pursuant to the exemption from registration provided by Rule 144 or any similar provision then in force under the Securities Act, or unless otherwise agreed by the Company in writing,
with notice thereof to the Trustee): 
 THIS SECURITY AND THE COMMON STOCK, IF ANY, ISSUABLE UPON CONVERSION OF THIS SECURITY HAVE NOT BEEN
REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND MAY NOT BE OFFERED, SOLD, PLEDGED OR OTHERWISE TRANSFERRED EXCEPT IN ACCORDANCE WITH THE FOLLOWING SENTENCE. BY ITS ACQUISITION HEREOF OR OF A BENEFICIAL
INTEREST HEREIN, THE ACQUIRER: 
 (1) REPRESENTS THAT IT AND ANY ACCOUNT FOR WHICH IT IS ACTING IS A “QUALIFIED
INSTITUTIONAL BUYER” (WITHIN THE MEANING OF RULE 144A UNDER THE SECURITIES ACT) AND THAT IT EXERCISES SOLE INVESTMENT DISCRETION WITH RESPECT TO EACH SUCH ACCOUNT, AND 
 (2) AGREES FOR THE BENEFIT OF SYNNEX CORPORATION (THE “COMPANY”) THAT IT WILL NOT OFFER, SELL, PLEDGE OR OTHERWISE TRANSFER THIS
SECURITY OR ANY BENEFICIAL INTEREST HEREIN PRIOR TO THE DATE THAT IS THE LATER OF (X) ONE YEAR AFTER THE LAST ORIGINAL ISSUE DATE HEREOF OR SUCH SHORTER PERIOD OF TIME AS PERMITTED BY RULE 144 UNDER THE SECURITIES ACT OR ANY SUCCESSOR PROVISION
THEREUNDER, AND (Y) SUCH LATER DATE, IF ANY, AS MAY BE REQUIRED BY APPLICABLE LAW, EXCEPT: 
 (A) TO THE COMPANY OR ANY
SUBSIDIARY THEREOF, OR 
 (B) PURSUANT TO A REGISTRATION STATEMENT WHICH HAS BECOME EFFECTIVE UNDER THE SECURITIES ACT, OR

  

 14 

 (C) TO A QUALIFIED INSTITUTIONAL BUYER IN COMPLIANCE WITH RULE 144A UNDER THE SECURITIES
ACT, OR 
 (D) PURSUANT TO AN EXEMPTION FROM REGISTRATION PROVIDED BY RULE 144 UNDER THE SECURITIES ACT OR ANY OTHER AVAILABLE
EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT. 
 PRIOR TO THE REGISTRATION OF ANY TRANSFER IN ACCORDANCE WITH
(2)(D) ABOVE, THE COMPANY AND THE TRUSTEE RESERVE THE RIGHT TO REQUIRE THE DELIVERY OF SUCH LEGAL OPINIONS, CERTIFICATIONS OR OTHER EVIDENCE AS MAY REASONABLY BE REQUIRED IN ORDER TO DETERMINE THAT THE PROPOSED TRANSFER IS BEING MADE IN
COMPLIANCE WITH THE SECURITIES ACT AND APPLICABLE STATE SECURITIES LAWS. NO REPRESENTATION IS MADE AS TO THE AVAILABILITY OF ANY EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT. 
 No transfer of any Note prior to the Resale Restriction Termination Date will be registered by the Note Registrar unless the applicable box on the Form
of Assignment and Transfer has been checked. 
 Any Note (or security issued in exchange or substitution therefor) as to which such
restrictions on transfer shall have expired in accordance with their terms may, upon surrender of such Note for exchange to the Note Registrar in accordance with the provisions of this Section 2.06, be exchanged for a new Note or Notes, of like
tenor and aggregate principal amount, which shall not bear the restrictive legend required by this Section 2.06(d). The Company shall notify the Trustee upon the occurrence of the Resale Restriction Termination Date and promptly after a
registration statement with respect to the Notes or any Common Stock issued upon conversion of the Notes has been declared effective under the Securities Act. 
 (e) Until the Resale Restriction Termination Date, any stock certificate representing Common Stock issued upon conversion of such Note
shall bear a legend in substantially the following form (unless the Note or such Common Stock has been transferred pursuant to a registration statement that has become or been declared effective under the Securities Act and that continues to be
effective at the time of such transfer or pursuant to the exemption from registration provided by Rule 144 under the Securities Act or any similar provision then in force under the Securities Act, or such Common Stock has been issued upon conversion
of Notes that have been transferred pursuant to a registration statement that has become or been declared effective under the Securities Act and that continues to be effective at the time of such transfer or pursuant to the exemption from
registration provided by Rule 144 under the Securities Act, or unless otherwise agreed by the Company with written notice thereof to the Trustee and any transfer agent for the Common Stock): 
 THIS SECURITY HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND MAY NOT BE OFFERED, SOLD, PLEDGED
OR OTHERWISE TRANSFERRED EXCEPT IN ACCORDANCE WITH THE FOLLOWING SENTENCE. BY ITS ACQUISITION HEREOF OR OF A BENEFICIAL INTEREST HEREIN, THE ACQUIRER: 
 (1) REPRESENTS THAT IT AND ANY ACCOUNT FOR WHICH IT IS ACTING IS A “QUALIFIED INSTITUTIONAL BUYER” (WITHIN THE MEANING OF RULE 144A UNDER THE SECURITIES ACT) AND THAT IT EXERCISES SOLE INVESTMENT DISCRETION
WITH RESPECT TO EACH SUCH ACCOUNT, AND 
 (2) AGREES FOR THE BENEFIT OF SYNNEX CORPORATION (THE “COMPANY”) THAT IT
WILL NOT OFFER, SELL, PLEDGE OR OTHERWISE TRANSFER THIS SECURITY OR ANY BENEFICIAL INTEREST HEREIN PRIOR TO THE DATE THAT IS THE LATER OF (X) ONE YEAR AFTER THE LAST ORIGINAL ISSUE DATE HEREOF OR SUCH SHORTER PERIOD OF TIME AS PERMITTED BY RULE
144 UNDER THE SECURITIES ACT OR ANY SUCCESSOR PROVISION THEREUNDER, AND (Y) SUCH LATER DATE, IF ANY, AS MAY BE REQUIRED BY APPLICABLE LAW, EXCEPT: 
 (A) TO THE COMPANY OR ANY SUBSIDIARY THEREOF, OR 
  

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 (B) PURSUANT TO A REGISTRATION STATEMENT WHICH HAS BECOME EFFECTIVE UNDER THE SECURITIES
ACT, OR 
 (C) TO A QUALIFIED INSTITUTIONAL BUYER IN COMPLIANCE WITH RULE 144A UNDER THE SECURITIES ACT, OR 
 (D) PURSUANT TO AN EXEMPTION FROM REGISTRATION PROVIDED BY RULE 144 UNDER THE SECURITIES ACT OR ANY OTHER AVAILABLE EXEMPTION FROM THE
REGISTRATION REQUIREMENTS OF THE SECURITIES ACT. 
 PRIOR TO THE REGISTRATION OF ANY TRANSFER IN ACCORDANCE WITH (2)(D) ABOVE, THE
COMPANY AND THE TRUSTEE RESERVE THE RIGHT TO REQUIRE THE DELIVERY OF SUCH LEGAL OPINIONS, CERTIFICATIONS OR OTHER EVIDENCE AS MAY REASONABLY BE REQUIRED IN ORDER TO DETERMINE THAT THE PROPOSED TRANSFER IS BEING MADE IN COMPLIANCE WITH THE SECURITIES
ACT AND APPLICABLE STATE SECURITIES LAWS. NO REPRESENTATION IS MADE AS TO THE AVAILABILITY OF ANY EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT. 
 Any such Common Stock as to which such restrictions on transfer shall have expired in accordance with their terms may, upon surrender of the certificates representing such shares of Common Stock for exchange in
accordance with the procedures of the transfer agent for the Common Stock, be exchanged for a new certificate or certificates for a like aggregate number of shares of Common Stock, which shall not bear the restrictive legend required by this
Section 2.06(e). 
 (f) Any Note or Common Stock issued upon the conversion or exchange of a Note that is purchased or
owned by the Company or any Affiliate thereof may not be resold by the Company or such Affiliate unless registered under the Securities Act or resold pursuant to an exemption from the registration requirements of the Securities Act in a transaction
that results in such Notes or Common Stock, as the case may be, no longer being “restricted securities” (as defined under Rule 144). 
 (g) Notwithstanding any provision of Section 2.06 to the contrary, in the event Rule 144 as promulgated under the Securities Act (or any successor rule) is amended to change the one-year holding period thereunder
(or the corresponding period under any successor rule), from and after receipt by the Trustee of the Officers’ Certificate and Opinion of Counsel provided for in this Section 2.06(g), (i) each reference in Section 2.06(d) to
“one year” and in the restrictive legend set forth in such paragraph to “ONE YEAR” shall be deemed for all purposes hereof to be references to such changed period, (ii) each reference in Section 2.06(e) to “one
year” and in the restrictive legend set forth in such paragraph to “ONE YEAR” shall be deemed for all purposes hereof to be references to such changed period and (iii) all corresponding references in the Notes (including the
definition of Resale Restriction Termination Date) and the restrictive legends thereon shall be deemed for all purposes hereof to be references to such changed period, provided that such changes shall not become effective if they are
otherwise prohibited by, or would otherwise cause a violation of, the then-applicable federal securities laws. The provisions of this Section 2.06(g) will not be effective until such time as the Opinion of Counsel and Officers’ Certificate
have been received by the Trustee hereunder. This Section 2.06(g) shall apply to successive amendments to Rule 144 (or any successor rule) changing the holding period thereunder. 
 (h) The Trustee shall have no obligation or duty to monitor, determine or inquire as to compliance with any restrictions on transfer
imposed under this Indenture or under applicable law with respect to any transfer of any interest in any Note (including any transfers between or among Depositary participants or 

  

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beneficial owners of interests in any Global Note) other than to require delivery of such certificates and other documentation or evidence as are expressly
required by, and to do so if and when expressly required by the terms of, this Indenture, and to examine the same to determine substantial compliance as to form with the express requirements hereof. 
 (i) The Trustee shall have no responsibility for any actions taken or not taken by the Depositary. 
 Section 2.07 Mutilated, Destroyed, Lost or Stolen Notes. In case any Note shall become mutilated or be destroyed, lost or stolen, the Company in
its discretion may execute, and upon its written request the Trustee or an authenticating agent appointed by the Trustee shall authenticate and deliver, a new Note, bearing a number not contemporaneously outstanding, in exchange and substitution for
the mutilated Note, or in lieu of and in substitution for the Note so destroyed, lost or stolen. In every case the applicant for a substituted Note shall furnish to the Company, to the Trustee and, if applicable, to such authenticating agent such
security or indemnity as may be required by them to save each of them harmless from any loss, liability, cost or expense caused by or connected with such substitution, and, in every case of destruction, loss or theft, the applicant shall also
furnish to the Company, to the Trustee and, if applicable, to such authenticating agent evidence to their satisfaction of the destruction, loss or theft of such Note and of the ownership thereof. 
 The Trustee or such authenticating agent may authenticate any such substituted Note and deliver the same upon the receipt of such security or indemnity
as the Trustee, the Company and, if applicable, such authenticating agent may require. Upon the issuance of any substitute Note, the Company or the Trustee may require the payment by the holder of a sum sufficient to cover any tax, assessment or
other governmental charge that may be imposed in relation thereto and any other expenses connected therewith. In case any Note that has matured or is about to mature or is about to be redeemed or has been tendered for repurchase pursuant to Article
16 hereof or is about to be converted into cash, shares of Common Stock or a combination of cash and shares of Common Stock, as applicable, shall become mutilated or be destroyed, lost or stolen, the Company may, in its sole discretion, instead of
issuing a substitute Note, pay or authorize the payment of or convert or authorize the conversion of the same (without surrender thereof except in the case of a mutilated Note), as the case may be, if the applicant for such payment or conversion
shall furnish to the Company, to the Trustee and, if applicable, to such authenticating agent such security or indemnity as may be required by them to save each of them harmless for any loss, liability, cost or expense caused by or connected with
such substitution, and, in every case of destruction, loss or theft, evidence satisfactory to the Company, the Trustee and, if applicable, any Paying Agent or Conversion Agent evidence of their satisfaction of the destruction, loss or theft of such
Note and of the ownership thereof. 
 Every substitute Note issued pursuant to the provisions of this Section 2.07 by virtue of the fact
that any Note is destroyed, lost or stolen shall constitute an additional contractual obligation of the Company, whether or not the destroyed, lost or stolen Note shall be found at any time, and shall be entitled to all the benefits of (but shall be
subject to all the limitations set forth in) this Indenture equally and proportionately with any and all other Notes duly issued hereunder. To the extent permitted by law, all Notes shall be held and owned upon the express condition that the
foregoing provisions are exclusive with respect to the replacement or payment or conversion or repurchase of mutilated, destroyed, lost or stolen Notes and shall preclude any and all other rights or remedies notwithstanding any law or statute
existing or hereafter enacted to the contrary with respect to the replacement or payment or conversion of negotiable instruments or other securities without their surrender. 
 Section 2.08 Temporary Notes. Pending the preparation of Notes in certificated form, the Company may execute and the Trustee or an authenticating
agent appointed by the Trustee shall, upon written request of the Company, authenticate and deliver temporary Notes (printed or lithographed). Temporary Notes shall be issuable in any authorized denomination, and substantially in the form of the
Notes in certificated form but with such omissions, insertions and variations as may be appropriate for temporary Notes, all as may be determined by the Company. Every such temporary Note shall be executed by the Company and authenticated by the
Trustee or such authenticating agent upon the same conditions and in substantially the same manner, and with the same effect, as the Notes in certificated form. Without unreasonable delay the Company will execute and deliver to the Trustee or such
authenticating agent Notes in certificated form (other than any Global Note) and thereupon any or all temporary Notes (other than any Global Note) may be surrendered in exchange therefor, at each office or agency maintained by the Company pursuant
to Section 5.02 and the Trustee or such authenticating agent shall authenticate and deliver in 
  

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exchange for such temporary Notes an equal aggregate principal amount of Notes in certificated form. Such exchange shall be made by the Company at its own
expense and without any charge therefor. Until so exchanged, the temporary Notes shall in all respects be entitled to the same benefits and subject to the same limitations under this Indenture as Notes in certificated form authenticated and
delivered hereunder. 
 Section 2.09 Cancellation of Notes Paid, Etc. All Notes surrendered for the purpose of payment, redemption,
repurchase, conversion, exchange or registration of transfer, shall, if surrendered to the Company or any Paying Agent or any Note Registrar or any Conversion Agent, be surrendered to the Trustee and promptly canceled by it, or, if surrendered to
the Trustee, shall be promptly canceled by it, and no Notes shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Indenture. The Trustee shall dispose of canceled Notes in accordance with its customary
procedures. If the Company shall acquire any of the Notes, such acquisition shall not operate as satisfaction of the indebtedness represented by such Notes unless and until the same are delivered to the Trustee for cancellation. 
 Section 2.10 CUSIP Numbers. The Company in issuing the Notes may use “CUSIP” numbers (if then generally in use), and, if so, the Trustee
shall use “CUSIP” numbers in all notices issued to Noteholders as a convenience to holders of the Notes; provided, that any such notice may state that no representation is made as to the correctness of such numbers either as printed
on the Notes or on such notice and that reliance may be placed only on the other identification numbers printed on the Notes. The Company will promptly notify the Trustee in writing of any change in the “CUSIP” numbers. 
 Section 2.11 Open-Market Repurchases. The Company may from time to time repurchase the Notes in open market purchases or negotiated transactions
without prior notice to Noteholders. 
 ARTICLE 3 
 REDEMPTION 
 Section 3.01 Company’s Right to Redeem; Notices to Trustee. Prior to
May 20, 2013, the Notes shall not be redeemable at the Company’s option. On or after May 20, 2013, the Company, at its option, may redeem the Notes for cash at any time, in whole or in part, at a redemption price (the
“Redemption Price”) equal to 100% of the principal amount of the Notes redeemed, plus any accrued and unpaid interest, accrued and unpaid Contingent Interest, if any, and accrued and unpaid Additional Interest, if any, on the Notes
redeemed up to, but not including, the Redemption Date; provided, however, that, in no event shall a Redemption Date be a Legal Holiday; provided, further, that, if the Redemption Date is on a date that is after an Interest Record Date
and on or prior to the corresponding Interest Payment Date, the Redemption Price shall be 100% of the principal amount of the Notes redeemed but shall not include accrued and unpaid interest, accrued and unpaid Contingent Interest, if any, and
Additional Interest, if any. Instead, the Company shall pay such interest, Contingent Interest, if any, and Additional Interest, if any, on the Interest Payment Date to the holder of record on the corresponding Interest Record Date. If the Company
elects to redeem Notes pursuant to this Section 3.01, it shall notify the Trustee in writing of such election together with the Redemption Date, the Conversion Rate, the principal amount of Notes to be redeemed and the Redemption Price.
Notwithstanding the foregoing, no Notes may be redeemed by the Company if the principal amount of the Notes has been accelerated and such acceleration has not been rescinded on or prior to the Redemption Date (except in the case of an acceleration
resulting from a default by the Company in the payment of the Redemption Price with respect to such Notes). 
 The Company shall give the
notice to the Trustee provided for in this Section 3.01 by a Company Order, at least 45 days but not more than 60 days before the Redemption Date (unless a shorter notice shall be satisfactory to the Trustee). 
 Section 3.02 Selection of Notes to Be Redeemed. If less than all of the Notes are to be redeemed, unless the procedures of the Depositary provide
otherwise, the Trustee shall select the Notes to be redeemed by lot, on a pro rata basis or by another method the Trustee considers fair and appropriate (so long as such method is not prohibited by the rules of any stock exchange or quotation
association on which the Notes are then traded or quoted). The Trustee may select for redemption portions of the principal amount of Notes that have denominations larger than $1,000. 
  

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 Notes and portions of Notes that the Trustee selects shall be in principal amounts of $1,000 or an
integral multiple of $1,000. Provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee shall notify the Company promptly (but in any case within 7 days of the Company
Order referred to in Section 3.01) of the Notes or portions of the Notes selected to be redeemed and, in the case of any Notes selected for partial redemption, the method it has chosen for the selection of the Note. 
 Following a notice of redemption, Notes and portions of Notes are convertible, pursuant to Section 15.01(b)(v), by the holder until the close of
business on the Business Day prior to the Redemption Date. If any Note selected for partial redemption is converted in part before termination of the conversion right with respect to the portion of the Note so selected, the converted portion of such
Note shall be deemed (so far as may be) to be from the portion selected for redemption. Notes that have been converted during a selection of Notes to be redeemed may be treated by the Trustee as outstanding for the purpose of such selection.

 Section 3.03 Notice of Redemption. At least 30 days but not more than 60 days before a Redemption Date, the Company shall provide a
notice of redemption by electronic transmission or first-class mail, postage prepaid, to each holder of Notes to be redeemed. Simultaneously with the providing of such notice, the Company shall also publish a notice containing the information set
forth in the notice of redemption in a newspaper of general circulation in The City of New York or publish such information on the Company’s website or through such other public medium as the company may use at that time. 
 The notice shall identify the Notes to be redeemed and shall state (along with any other information the Company wishes to include): 
  

	 	(i)	the Redemption Date; 

  

	 	(ii)	the Redemption Price; 

  

	 	(iii)	the Conversion Rate and the Conversion Price; 

  

	 	(iv)	the name and address of the Paying Agent and Conversion Agent; 

  

	 	(v)	that Notes may be converted at any time before the close of business on the Business Day prior to the Redemption Date; 

  

	 	(vi)	that Notes called for redemption and not converted shall be redeemed on the Redemption Date; 

  

	 	(vii)	that holders who want to convert their Notes must satisfy the requirements set forth in the Notes; 

  

	 	(viii)	that Notes called for redemption must be surrendered to the Paying Agent (by effecting book-entry transfer of the Notes or delivering Notes in certificated form, together with
necessary endorsements, as the case may be) to collect the Redemption Price; 

  

	 	(ix)	if fewer than all of the outstanding Notes are to be redeemed, the certificate numbers, if any, and principal amounts of the particular Notes to be redeemed;

  

	 	(x)	that, unless the Company defaults in making payment of such Redemption Price, interest, Contingent Interest, if any, and Additional Interest, if any, on the Notes or portions of
Notes called for redemption shall cease to accrue from and after the Redemption Date; and 

  

	 	(xi)	the CUSIP, “ISIN” or other similar number(s), as the case may be, of the Notes being redeemed. 

  

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 At the Company’s request, the Trustee shall give the notice of redemption in the Company’s name
and at the Company’s expense, provided that, the Company makes such request at least seven Business Days (or such shorter period as may be satisfactory to the Trustee) prior to the date by which such notice of redemption must be given to
holders in accordance with this Section 3.03. 
 Section 3.04 Effect of Notice of Redemption. Once notice of redemption is given,
Notes called for redemption become due and payable on the Redemption Date and at the Redemption Price stated in the notice except for Notes that are converted in accordance with the terms of this Indenture. Upon surrender to the Paying Agent, such
Notes shall be paid at the Redemption Price stated in the notice and from and after the Redemption Date (unless the Company shall default in the payment of the Redemption Price) such Notes shall cease to bear interest, Contingent Interest, if any,
and Additional Interest, if any, and the rights of the holders therein shall terminate (other than the right to receive the Redemption Price). 
 If any Note shall not be fully and duly paid in accordance herewith upon redemption, the principal of, and accrued and unpaid interest, accrued and unpaid Contingent Interest, if any, and accrued and unpaid Additional Interest, if any, on
such Note shall, until paid, bear Interest at the rate borne by such Note on the principal amount of such Note, and such Note shall continue to be convertible pursuant to Article 15. 
 Section 3.05 Deposit of Redemption Price. Prior to 11:00 a.m. (New York City time), on the Redemption Date, the Company shall deposit with the
Paying Agent (or if the Company is the Paying Agent, shall segregate and hold in trust) money sufficient to pay the Redemption Price of all Notes to be redeemed on that date other than Notes or portions of Notes called for redemption which on or
prior thereto have been delivered by the Company to the Trustee for cancellation or have been converted. The Paying Agent shall as promptly as practicable return to the Company any money not required for that purpose because of conversion of Notes
pursuant to Article 15. If such money is then held by the Company in trust and is not required for such purpose it shall be discharged from such trust. 
 Section 3.06 Notes Redeemed in Part. Upon surrender of a Note that is redeemed in part, the Company shall execute and the Trustee shall, without charge, authenticate and deliver to the holder a new Note in an
authorized denomination equal in principal amount to the unredeemed portion of the Note surrendered. 
 ARTICLE 4 
 SATISFACTION AND DISCHARGE 
 Section 4.01 Satisfaction and Discharge. This Indenture shall upon request of the Company contained in an Officers’ Certificate cease to be of further effect, and the Trustee, at the expense of the Company, shall execute proper
instruments acknowledging satisfaction and discharge of this Indenture, when (a) (i) all Notes theretofore authenticated and delivered (other than (x) Notes which have been destroyed, lost or stolen and which have been replaced or
paid as provided in Section 2.07 and (y) Notes for whose payment money has theretofore been deposited in trust or segregated and held in trust by the Company and thereafter repaid to the Company or discharged from such trust, as provided
in Section 5.04(d)) have been delivered to the Trustee for cancellation; or (ii) the Company has deposited with the Trustee or delivered to Noteholders, as applicable, after the Notes have become due and payable, whether at the Maturity
Date, any Redemption Date, any Repurchase Date, any Fundamental Change Repurchase Date, upon conversion or otherwise, cash or cash and shares of Common Stock, if any (solely to satisfy the Company’s Conversion Obligation, if applicable),
sufficient to pay all of the outstanding Notes and all other sums due and payable under this Indenture by the Company; and (b) 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 8.06 shall survive. 
  

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 ARTICLE 5 
 PARTICULAR COVENANTS OF THE COMPANY 
 Section 5.01 Payment of Principal, Premium, Interest,
Contingent Interest and Additional Interest. The Company covenants and agrees that it will cause to be paid the principal of and premium, if any (including the Redemption Price, the Repurchase Price and the Fundamental Change Repurchase Price),
and accrued and unpaid interest, Contingent Interest, if any and Additional Interest, if any, on each of the Notes at the places, at the respective times and in the manner provided herein and in the Notes. 
 Section 5.02 Maintenance of Office or Agency. The Company will maintain in the Borough of Manhattan, The City of New York, an office or agency
where the Notes may be surrendered for registration of transfer or exchange or for presentation for payment, redemption or repurchase (“Paying Agent”) or for conversion (“Conversion Agent”) and where notices and
demands to or upon the Company in respect of the Notes and this Indenture may be served. The Company will give prompt written notice to the Trustee of the location, and any change in the location, of such office or agency. If at any time the Company
shall fail to maintain any such required office or agency or shall fail to furnish the Trustee with the address thereof, such presentations, surrenders, notices and demands may be made or served at the Corporate Trust Office or the office or agency
of the Trustee in the Borough of Manhattan, The City of New York. 
 The Company may also from time to time designate co-registrars one or
more other offices or agencies where the Notes may be presented or surrendered for any or all such purposes and may from time to time rescind such designations; provided that no such designation or rescission shall in any manner relieve the
Company of its obligation to maintain an office or agency in the Borough of Manhattan, The City of New York, for such purposes. The Company will give prompt written notice to the Trustee of any such designation or rescission and of any change in the
location of any such other office or agency. The terms “Paying Agent” and “Conversion Agent” include any such additional or other offices or agencies, as applicable. 
 The Company hereby initially designates the Trustee as the Paying Agent, Note Registrar, Custodian and Conversion Agent and the Corporate Trust Office
and the office or agency of the Trustee in the Borough of Manhattan each shall be considered as one such office or agency of the Company for each of the aforesaid purposes. 
 Section 5.03 Appointments to Fill Vacancies in Trustee’s Office. The Company, whenever necessary to avoid or fill a vacancy in the office of
Trustee, will appoint, in the manner provided in Section 8.10, a Trustee, so that there shall at all times be a Trustee hereunder. 
 Section 5.04 Provisions as to Paying Agent. 
 (a) If the Company shall appoint a Paying Agent other than the
Trustee, the Company will cause such Paying Agent to execute and deliver to the Trustee an instrument in which such agent shall agree with the Trustee, subject to the provisions of this Section 5.04: 
 (i) that it will hold all sums held by it as such agent for the payment of the principal of and premium, if any, and accrued and unpaid
interest, Contingent Interest, if any and Additional Interest, if any, on the Notes in trust for the benefit of the holders of the Notes; 
 (ii) that it will give the Trustee prompt notice of any failure by the Company to make any payment of the principal of and premium, if any, and accrued and unpaid interest, Contingent Interest, if any and Additional
Interest, if any, on the Notes when the same shall be due and payable; and 
 (iii) that at any time during the continuance of
an Event of Default, upon request of the Trustee, it will forthwith pay to the Trustee all sums so held in trust. 
  

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 The Company shall, on or before each due date of the principal of, or premium (including the Redemption
Price, the Repurchase Price or the Fundamental Change Repurchase Price), if any, or accrued and unpaid interest or Contingent Interest, if any, or Additional Interest, if any, on the Notes, deposit with the Paying Agent a sum sufficient to pay such
principal, premium (including the Redemption Price, the Repurchase Price or the Fundamental Change Repurchase Price), if any, or accrued and unpaid interest or Contingent Interest, if any, or Additional Interest, if any, and (unless such Paying
Agent is the Trustee) the Company will promptly notify the Trustee of any failure to take such action, provided that, if such deposit is made on the due date, such deposit must be received by the Paying Agent by 11:00 a.m., New York City
time, on such date. 
 (b) If the Company shall act as its own Paying Agent, it will, on or before each due date of the
principal of, premium (including the Redemption Price, the Repurchase Price and the Fundamental Change Repurchase Price), if any, accrued and unpaid interest, Contingent Interest, if any, and Additional Interest, if any, on the Notes, set aside,
segregate and hold in trust for the benefit of the holders of the Notes a sum sufficient to pay such principal, premium (including the Redemption Price, the Repurchase Price and the Fundamental Change Repurchase Price), if any, accrued and unpaid
interest, Contingent Interest, if any, and Additional Interest, if any, so becoming due and will promptly notify the Trustee in writing of any failure to take such action and of any failure by the Company to make any payment of the principal of,
premium (including the Redemption Price, the Repurchase Price and the Fundamental Change Repurchase Price), if any, accrued and unpaid interest, Contingent Interest, if any, and Additional Interest, if any, on the Notes when the same shall become
due and payable. 
 (c) Anything in this Section 5.04 to the contrary notwithstanding, the Company may, at any time, for
the purpose of obtaining a satisfaction and discharge of this Indenture, or for any other reason, pay or cause to be paid to the Trustee all sums held in trust by the Company or any Paying Agent hereunder as required by this Section 5.04, such
sums to be held by the Trustee upon the trusts herein contained and upon such payment by the Company or any Paying Agent to the Trustee, the Company or such Paying Agent shall be released from all further liability with respect to such sums.

 (d) Any money deposited with the Trustee or any Paying Agent, or then held by the Company, in trust for the payment of the
principal of or premium (including the Redemption Price, the Purchase Price and the Fundamental Change Repurchase Price), if any, accrued and unpaid interest, Contingent Interest, if any, and Additional Interest, if any, on any Note and remaining
unclaimed for two years after such principal, premium (including the Redemption Price, the Repurchase Price or the Fundamental Change Repurchase Price), interest, Contingent Interest or Additional Interest has become due and payable shall be paid to
the Company on request of the Company contained in an Officers’ Certificate, or (if then held by the Company) shall be discharged from such trust; and the holder of such Note shall thereafter, as an unsecured general creditor, look only to the
Company for payment thereof, and all liability of the Trustee or such Paying Agent with respect to such trust money, and all liability of the Company as trustee thereof, shall thereupon cease; provided, however, that the Trustee or
such Paying Agent, before being required to make any such repayment, shall, upon the request and at the expense of the Company, cause to be published once, in a newspaper published in the English language, customarily published on each Business Day
and of general circulation in The Borough of Manhattan, The City of New York, New York, notice that such money remains unclaimed and that, after a date specified therein, which shall not be less than thirty days from the date of such publication,
any unclaimed balance of such money then remaining will be repaid to the Company. 
 Section 5.05 Existence. Subject to Article 12,
the Company will do or cause to be done all things necessary to preserve and keep in full force and effect its corporate existence. 
 Section 5.06 Rule 144A Information Requirement and Annual Reports. 
 (a) At any time the Company is not
subject to Sections 13 or 15(d) of the Exchange Act, the Company shall, so long as any of the Notes or any shares of Common Stock issuable upon conversion thereof shall, at such time, constitute “restricted securities” within the meaning
of Rule 144(a)(3) under the Securities Act, promptly provide to the Trustee and shall, upon written request, provide to any holder, beneficial owner or prospective purchaser of such Notes or any shares of Common Stock issued upon conversion of such
Notes, the information required to be delivered pursuant to Rule 144A(d)(4) under the Securities Act to facilitate the resale of such Notes or shares of Common Stock pursuant to Rule 144A under the Securities Act. The Company shall take 

  

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such further action as any holder or beneficial owner of such Notes or such Common Stock may reasonably request to the extent required from time to time to
enable such holder or beneficial holder to sell such Notes or shares of Common Stock in accordance with Rule 144A under the Securities Act, as such rule may be amended from time to time. 
 (b) The Company shall deliver to the Trustee within fifteen days after the same is required to be filed with the Commission, copies of the
quarterly and annual reports and of the information, documents and other reports, if any, that the Company is required to file with the Commission pursuant to Section 13 or 15(d) of the Exchange Act, and, to the extent required by
Section 18.08, the Company shall otherwise comply with the requirements of Trust Indenture Act section 314(a). Any such report, information or document that the Company files with the Commission through the Commission’s EDGAR database
shall be deemed delivered to the Trustee for purposes of this Section 5.06(b) at the time of such filing through the EDGAR database. 
 (c) Delivery of the reports, information and documents described in clause (b) above to the Trustee is for informational purposes only, and the Trustee’s receipt of such shall not constitute constructive
notice of any information contained therein or determinable from information contained therein, including the Company’s compliance with any of its covenants hereunder (as to which the Trustee is entitled to conclusively rely exclusively on an
Officers’ Certificate). The Trustee shall have no obligation whatsoever to monitor the Company’s compliance with this Section 5.06. 
 Section 5.07 Stay, Extension and Usury Laws. The Company covenants (to the extent that it may lawfully do so) that it shall 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 or other law that would prohibit or forgive the Company from paying all or any portion of the principal of or interest on the Notes as contemplated herein, wherever enacted, now or at any time hereafter in force, or
that may affect the covenants or the performance of this Indenture; 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 had been enacted. 
 Section 5.08 Compliance Certificate; Statements as to Defaults. The Company shall deliver to the Trustee within 120 days after the end of each
fiscal year of the Company (beginning with the fiscal year ending on November 30, 2008) an Officers’ Certificate stating whether or not the signer thereof has knowledge of any failure by the Company to comply with all conditions and
covenants then required to be performed under this Indenture (without regard to any period of grace or requirement of notice provided hereunder) and, if so, specifying each such failure and the nature thereof. 
 In addition, the Company shall deliver to the Trustee, as soon as possible, and in any event within thirty days after the Company becomes aware of the
occurrence of any Event of Default or Default, an Officers’ Certificate setting forth the details of such Event of Default or Default, its status and the action that the Company proposes to take with respect thereto. 
 Section 5.09 Additional Interest Notice. If Additional Interest is payable by the Company pursuant to Section 5.10 or Section 7.01, the
Company shall deliver to the Trustee an Officers’ Certificate to that effect stating (a) the amount of such Additional Interest that is payable and (b) the date on which such interest is payable. Unless and until a Responsible Officer
of the Trustee receives at the Corporate Trust Office such a certificate, the Trustee may assume without inquiry that no such Additional Interest is payable. If the Company has paid Additional Interest directly to the Persons entitled to them, the
Company shall deliver to the Trustee an Officers’ Certificate setting forth the particulars of such payment. 
 Section 5.10
Additional Interest Payable Upon Failure to Report or Delegend. 
 (a) If at any time during the six months to one year
period following the last original issuance date of the Notes, the Company fails to timely file any document or report that it is required (giving effect to any grace period provided by Rule 12b-25 of the Exchange Act) to file with the SEC pursuant
to Section 13 or 15(d) of the Exchange Act (other than any Current Report on Form 8-K) or the Notes are not otherwise freely 

  

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tradable by the holders, other than holders who are Affiliates of the Company, the Company shall make a one time payment in respect of the Notes in the
amount of 0.25% of their principal amount; provided that, the Company shall have 14 days, in the aggregate, to cure all such missed filings. The Additional Interest payable pursuant to this Section 5.10(a) shall be payable on the
Interest Payment Date following the late filing (after giving effect to the aggregate cure period described in the immediately preceding sentence). 
 (b) Unless: 
 (i) the legend on the Notes and any shares of Common Stock issued upon
conversion of the Notes required by Section 2.06(d) and Section 2.06(e) has been removed, and 
 (ii) the Notes and
such shares of Common Stock are freely tradable pursuant to Rule 144 under the Securities Act without volume restrictions by holders other than Affiliates of the Company, 
 as of the 365th day after the last date of original issuance of the Notes, the Company shall pay Additional Interest on the Notes at an annual rate equal to 0.25% of the aggregate principal amount of the Notes. So
long as a condition described in either (i) or (ii) of this Section 5.10(b) continues, the Company shall pay such Additional Interest in cash on the Interest Payment Date of each year to the Person who is the holder of record of the
Notes on the immediately preceding Interest Record Date. When such registration default ceases to continue, accrued and unpaid Additional Interest through the date of cessation shall be paid in cash on the subsequent Interest Payment Date to the
record holder. In no event shall Additional Interest accrue at an annual rate in excess of 0.50%, in the aggregate, pursuant to this Section 5.10 and Section 7.01. 
 Section 5.11 Resale of Certain Notes. During the period of one year after the last original issuance date of the Notes, the Company shall not, and
shall not permit any of its “affiliates” (as defined under Rule 144 under the Securities Act or any successor provision thereto) to, resell any Notes which constitute “restricted securities” under Rule 144 that have been
reacquired by any of them. 
 Section 5.12 Further Instruments and Acts. Upon request of the Trustee, the Company will execute and
deliver such further instruments and do such further acts as may be reasonably necessary or proper to carry out more effectively the purposes of this Indenture. 
 ARTICLE 6 
 LISTS OF NOTEHOLDERS AND REPORTS 
 BY THE COMPANY AND THE TRUSTEE 
 Section 6.01 Lists of Noteholders. The Company covenants and agrees that it will furnish or cause to be furnished to the Trustee, semi-annually, not more than fifteen days after each May 1 and November 1 in each year
beginning with November 1, 2008, and at such other times as the Trustee may request in writing, within thirty days after receipt by the Company of any such request (or such lesser time as the Trustee may reasonably request in order to enable it
to timely provide any notice to be provided by it hereunder), a list in such form as the Trustee may reasonably require of the names and addresses of the Noteholders as of a date not more than fifteen days (or such other date as the Trustee may
reasonably request in order to so provide any such notices) prior to the time such information is furnished, except that no such list need be furnished so long as the Trustee is acting as Note Registrar. 
 Section 6.02 Preservation and Disclosure of Lists. 
 (a) The Trustee shall preserve, in as current a form as is reasonably practicable, all information as to the names and addresses of the Noteholders contained in the most recent list furnished to it as provided in
Section 6.01 or maintained by the Trustee in its capacity as Note Registrar, if so acting. The Trustee may destroy any list furnished to it as provided in Section 6.01 upon receipt of a new list so furnished. 
  

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 (b) The rights of Noteholders to communicate with other Noteholders with respect to their
rights under this Indenture or under the Notes and the corresponding rights and duties of the Trustee, shall be as provided by the Trust Indenture Act. 
 (c) Every Noteholder, by receiving and holding the same, agrees with the Company and the Trustee that neither the Company nor the Trustee nor any agent of either of them shall be held accountable by reason of any
disclosure of information as to names and addresses of Noteholders made pursuant to the Trust Indenture Act. 
 Section 6.03 Reports by
Trustee. 
 (a) The Trustee shall transmit to holders such reports concerning the Trustee and its actions under this
Indenture as may be required pursuant to the Trust Indenture Act at the times and in the manner provided pursuant thereto. If required by Section 313(a) of the Trust Indenture Act, the Trustee shall, within sixty days after each May 15
following the date of this Indenture, deliver to holders a brief report, dated as of such May 15, that complies with the provisions of such Section 313(a). 
 (b) A copy of each such report shall, at the time of such transmission to Noteholders, be filed by the Trustee with each stock exchange
and automated quotation system upon which the Notes are listed and with the Company. The Company will notify the Trustee in writing within a reasonable time when the Notes are listed on any stock exchange or automated quotation system and when any
such listing is discontinued. 
 ARTICLE 7 
 DEFAULTS AND REMEDIES 
 Section 7.01 Events of Default. The following events shall be
“Events of Default” with respect to the Notes: 
 (a) default in any payment of interest, including any
Additional Interest or any Contingent Interest, on any Note when due and payable, and the default continues for a period of thirty days; 
 (b) default in the payment of principal of any Note when due and payable on the Maturity Date, upon redemption, upon required repurchase, upon declaration of acceleration or otherwise; 
 (c) failure by the Company to comply with its obligation to convert the Notes into cash, shares of Common Stock or a combination of cash
and shares of Common Stock, as applicable, upon exercise of a holder’s conversion right; 
 (d) failure by the Company to
comply with its obligations under Article 12; 
 (e) failure by the Company to issue a Fundamental Change Company Notice for a
period of ten days after such notice becomes due in accordance with Section 16.04(b); 
 (f) failure by the Company for
sixty days after written notice from the Trustee or the holders of at least 25% in principal amount of the Notes then outstanding (a copy of which notice, if given by holders, also to be given to the Trustee) has been received by the Company to
comply with any of its other agreements contained in the Notes or this Indenture, which notice shall state that it is a “Notice of Default” hereunder; 
 (g) default by the Company or any Subsidiary of the Company in the payment of the principal or interest on any mortgage, agreement or
other instrument under which there may be outstanding, or by which there may be secured or evidenced, any debt for money borrowed in excess of $20,000,000 in the aggregate of the Company and/or any such Subsidiary, whether such debt now exists or
shall hereafter be created, resulting in such debt becoming or being declared due and payable, and such acceleration shall not have been rescinded or annulled within thirty days after written notice of such acceleration has been received by the
Company or such Subsidiary; 
  

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 (h) a final judgment for the payment of $20,000,000 or more rendered against the Company
or any Subsidiary of the Company, and such amount is not covered by insurance or indemnity or not discharged or stayed within thirty days after (i) the date on which the right to appeal thereof has expired if no such appeal has commenced, or
(ii) the date on which all rights to appeal have been extinguished; 
 (i) the Company or any Subsidiary of the Company
that is a “significant subsidiary” (as defined in Regulation S-X under the Exchange Act) or any group of Subsidiaries of the Company that in the aggregate would constitute a “significant subsidiary” shall commence a voluntary
case or other proceeding seeking liquidation, reorganization or other relief with respect to the Company or any such Subsidiary or group of Subsidiaries or its debts under any bankruptcy, insolvency or other similar law now or hereafter in effect or
seeking the appointment of a trustee, receiver, liquidator, custodian or other similar official of the Company or any such Subsidiary or group of Subsidiaries or any substantial part of its property, or shall consent to any such relief or to the
appointment of or taking possession by any such official in an involuntary case or other proceeding commenced against it, or shall make a general assignment for the benefit of creditors, or shall fail generally to pay its debts as they become due;
or 
 (j) an involuntary case or other proceeding shall be commenced against the Company or any Subsidiary of the Company that
is a “significant subsidiary” (as defined in Regulation S-X under the Exchange Act) or any group of Subsidiaries of the Company that in the aggregate would constitute a “significant subsidiary” seeking liquidation, reorganization
or other relief with respect to the Company or such Subsidiary or group of Subsidiaries or its debts under any bankruptcy, insolvency or other similar law now or hereafter in effect or seeking the appointment of a trustee, receiver, liquidator,
custodian or other similar official of the Company or such Subsidiary or group of Subsidiaries or any substantial part of its property, and such involuntary case or other proceeding shall remain undismissed and unstayed for a period of thirty
consecutive days. 
 In case one or more Events of Default shall have occurred and be continuing (whatever the reason for such Event of
Default and whether it shall be voluntary or involuntary or be effected by operation of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body), then, and in each and
every such case (other than an Event of Default specified in Section 7.01(i) or Section 7.01(j) with respect to the Company (and not solely with respect to a “significant subsidiary” (as defined in Regulation S-X under the
Exchange Act) of the Company, or a group of Subsidiaries of the Company that in aggregate would constitute a “significant subsidiary” of the Company), unless the principal of all of the Notes shall have already become due and payable,
either the Trustee or the holders of at least 25% in aggregate principal amount of the Notes then outstanding determined in accordance with Section 9.04, by notice in writing to the Company (and to the Trustee if given by Noteholders), may
declare 100% of the principal of and premium, if any, and accrued and unpaid interest, accrued and unpaid Contingent Interest, if any, and accrued and unpaid Additional Interest, if any, on all the Notes to be due and payable immediately, and upon
any such declaration the same shall become and shall automatically be immediately due and payable, anything in this Indenture or in the Notes contained to the contrary notwithstanding. If an Event of Default specified in Section 7.01(i) or
Section 7.01(j) with respect to the Company (and not solely with respect to a “significant subsidiary” (as defined in Regulation S-X under the Exchange Act) of the Company, or a group of Subsidiaries of the Company that in aggregate
would constitute a “significant subsidiary” of the Company) occurs and is continuing, the principal of all the Notes and accrued and unpaid interest, accrued and unpaid Contingent Interest, if any, and accrued and unpaid Additional
Interest, if any, shall be immediately due and payable. This provision, however, is subject to the conditions that if, at any time after the principal of the Notes shall have been so declared due and payable, and before any judgment or decree for
the payment of the monies due shall have been obtained or entered as hereinafter provided, the Company shall pay or shall deposit with the Trustee a sum sufficient to pay installments of accrued and unpaid interest, accrued and unpaid Contingent
Interest, if any, and accrued and unpaid Additional Interest, if any, upon all Notes and the principal of and premium, if any, on any and all Notes that shall have become due otherwise than by acceleration (with interest on overdue installments of
accrued and unpaid interest, accrued and unpaid Contingent Interest, if any, and accrued and unpaid Additional Interest, if any, (to the extent that payment of such interest is enforceable under applicable law) and on such principal and premium, if
any, at the rate borne by the Notes at such time) and amounts due to the Trustee pursuant to Section 8.06, and if (1) rescission would not conflict with any judgment or decree of a court of competent jurisdiction and (2) any and all
Events of Defaults under this Indenture, other than the nonpayment of principal of and premium, if any, and accrued and unpaid interest, accrued and unpaid Contingent Interest, if any, and accrued and unpaid Additional Interest, if any, on Notes
that shall have become due 

  

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solely by such acceleration, shall have been cured or waived pursuant to Section 7.07, then and in every such case the holders of a majority in
aggregate principal amount of the Notes then outstanding, by written notice to the Company and to the Trustee, may waive all Defaults or Events of Default with respect to the Notes (other than a Default or an Event of Default resulting from a
failure to redeem any Notes on any Redemption Date, a failure to repurchase any Notes when required upon a Repurchase Date or a Fundamental Change Repurchase Date or a failure to deliver, upon conversion, cash, shares of Common Stock or a
combination of cash and shares of Common Stock, as applicable, due upon conversion) and rescind and annul such declaration and its consequences (other than a declaration or consequences, as the case may be, resulting from a failure to redeem any
Notes on any Redemption Date, a failure to repurchase any Notes when required upon a Repurchase Date or a Fundamental Change Repurchase Date or a failure to deliver, upon conversion, cash, shares of Common Stock or a combination of cash and shares
of Common Stock, as applicable, due upon conversion) and such Default (other than a Default resulting from a failure to redeem any Notes on any Redemption Date, a failure to repurchase any Notes when required upon a Repurchase Date or a Fundamental
Change Repurchase Date or a failure to deliver, upon conversion, cash, shares of Common Stock or a combination of cash and shares of Common Stock, as applicable, due upon conversion) shall cease to exist, and any Event of Default arising therefrom
(other than a Default resulting from a failure to redeem any Notes on any Redemption Date, a failure to repurchase any Notes when required upon a Repurchase Date or a Fundamental Change Repurchase Date or a failure to deliver, upon conversion, cash,
shares of Common Stock or a combination of cash and shares of Common Stock, as applicable, due upon conversion) shall be deemed to have been cured for every purpose of this Indenture; but no such waiver or rescission and annulment shall extend to or
shall affect any subsequent Default or Event of Default, or shall impair any right consequent thereon. 
 Notwithstanding anything in this
Indenture or in the Notes to the contrary, for the first 180 days immediately following any violation of any obligations the Company may be deemed to have pursuant to (1) Section 314(a)(1) of the Trust Indenture Act, or
(2) Section 5.06(b), and the continuation thereof, the sole remedy for any such violation shall be the accrual of additional interest on the Notes at a rate per year equal to 0.25% of the outstanding principal amount of the Notes
(“Supplementary Interest”), payable semi-annually at the same time and in the same manner as regular interest on the Notes pursuant to Section 2.03 and Section 5.01. In no event shall Supplementary Interest accrue at a
rate per year in excess of 0.25%, regardless of the number of events or circumstances giving rise to the requirement to pay Supplementary Interest. In addition to the accrual of Supplementary Interest, on and after the 180th day, any violation of
any obligations the Company may be deemed to have pursuant to (1) Section 314(a)(1) of the Trust Indenture Act or (2) Section 5.06(b), either the Trustee or the Noteholders of not less than 25% in aggregate principal amount of
the Notes then outstanding may declare the principal amount of the Notes and any accrued and unpaid interest, including any Contingent Interest, any Additional Interest, through the date of such declaration, to be immediately due and payable.
Whenever in this Indenture there is mentioned, in any context, the payment of interest on, or in respect of, any Note, such mention shall be deemed to include mention of the payment of “Supplementary Interest” provided for in this
paragraph to the extent that, in such context, Supplementary Interest is, was or would be payable in respect thereof pursuant to the provisions of this paragraph, and express mention of the payment of Supplementary Interest (if applicable) in any
provisions hereof shall not be construed as excluding Supplementary Interest in those provisions hereof where such express mention is not made. 
 In case the Trustee shall have proceeded to enforce any right under this Indenture and such proceedings shall have been discontinued or abandoned because of such waiver or rescission and annulment or for any other reason or shall have been
determined adversely to the Trustee, then and in every such case the Company, the Noteholders, and the Trustee shall, subject to any determination in such proceeding, be restored respectively to their several positions and rights hereunder, and all
rights, remedies and powers of the Company, the Noteholders, and the Trustee shall continue as though no such proceeding had been instituted. 
 Section 7.02 Payments of Notes on Default; Suit Therefor. If an Event of Default described in clause (a) or (b) of Section 7.01 shall have occurred, the Company shall, upon demand of the Trustee, pay to it, for the
benefit of the holders of the Notes, the whole amount then due and payable on the Notes for principal, premium, if any, and interest, Contingent Interest, if any, and Additional Interest, if any, with interest on any overdue principal, premium, if
any, interest, Contingent Interest, if any, and Additional Interest, if any, at the rate borne by the Notes at such time, and, in addition thereto, such further amount as shall be sufficient to cover any amounts due to the Trustee under
Section 8.06. If the Company shall fail to pay such amounts forthwith upon such demand, the Trustee, in its own name and as trustee of an express trust, may institute a judicial proceeding for the collection of the sums 
  

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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 the Notes
and collect the moneys adjudged or decreed to be payable in the manner provided by law out of the property of the Company or any other obligor upon the Notes, wherever situated. 
 In the event there shall be pending proceedings for the bankruptcy or for the reorganization of the Company or any other obligor on the Notes under title
11 of the United States Code, or any other applicable law, or in case a receiver, assignee or trustee in bankruptcy or reorganization, liquidator, sequestrator or similar official shall have been appointed for or taken possession of the Company or
such other obligor, the property of the Company or such other obligor, or in the event of any other judicial proceedings relative to the Company or such other obligor upon the Notes, or to the creditors or property of the Company or such other
obligor, the Trustee, irrespective of whether the principal of the Notes 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 pursuant to the provisions
of this Section 7.02, shall be entitled and empowered, by intervention in such proceedings or otherwise, to file and prove a claim or claims for the whole amount of principal of and premium, if any (including the Redemption Price, the
Repurchase Price or the Fundamental Change Repurchase Price), and accrued and unpaid interest, accrued and unpaid Contingent Interest, if any, and accrued and unpaid Additional Interest, if any, in respect of the Notes, and, in case of any judicial
proceedings, to file such proofs of claim and other papers or documents and to take such other actions as it may deem 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 Noteholders allowed in such judicial proceedings relative to the Company or any other obligor on the Notes, its or their creditors, or its or their property, and to
collect and receive any monies or other property payable or deliverable on any such claims, and to distribute the same after the deduction of any amounts due the Trustee under Section 8.06; and any receiver, assignee or trustee in bankruptcy or
reorganization, liquidator, custodian or similar official is hereby authorized by each of the Noteholders to make such payments to the Trustee, as administrative expenses, and, in the event that the Trustee shall consent to the making of such
payments directly to the Noteholders, to pay to the Trustee any amount due it for reasonable compensation, expenses, advances and disbursements, including agents and counsel fees, and including any other amounts due to the Trustee under
Section 8.06 hereof, incurred by it up to the date of such distribution. To the extent that such payment of reasonable compensation, expenses, advances and disbursements out of the estate in any such proceedings shall be denied for any reason,
payment of the same shall be secured by a lien on, and shall be paid out of, any and all distributions, dividends, monies, securities and other property that the holders of the Notes may be entitled to receive in such proceedings, whether in
liquidation or under any plan of reorganization or arrangement or otherwise. 
 Nothing herein contained shall be deemed to authorize the
Trustee to authorize or consent to or accept or adopt on behalf of any Noteholder any plan of reorganization, arrangement, adjustment or composition affecting the Noteholder or the rights of any Noteholder thereof, or to authorize the Trustee to
vote in respect of the claim of any Noteholder in any such proceeding. 
 All rights of action and of asserting claims under this Indenture,
or under any of the Notes, may be enforced by the Trustee without the possession of any of the Notes, or the production thereof at any trial or other proceeding relative thereto, and any such suit or proceeding instituted by the Trustee shall be
brought in its own name as trustee of an express trust, and any recovery of judgment shall, after provision for 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 Notes. 
 In any proceedings brought by the Trustee (and in any proceedings involving the
interpretation of any provision of this Indenture to which the Trustee shall be a party) the Trustee shall be held to represent all the holders of the Notes, and it shall not be necessary to make any holders of the Notes parties to any such
proceedings. 
 Section 7.03 Application of Monies Collected by Trustee. Any monies collected by the Trustee pursuant to this Article
7 with respect to the Notes shall be applied in the order following, at the date or dates fixed by the Trustee for the distribution of such monies, upon presentation of the several Notes, and stamping thereon 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 8.06; 
  

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 Second, in case the principal of the outstanding Notes shall not have become due and be unpaid, to the
payment of interest on the Notes, including Contingent Interest, if any, and Additional Interest, if any, in default in the order of the date due of the installments of such interest, with interest (to the extent that such interest has been
collected by the Trustee) upon the overdue installments of interest at the rate borne by the Notes at such time, such payments to be made ratably to the Persons entitled thereto; 
 Third, in case the principal of the outstanding Notes shall have become due, by declaration or otherwise, and be unpaid to the payment of the whole
amount including the payment of the Redemption Price, the Repurchase Price or the Fundamental Change Repurchase Price and the cash component of the Conversion Obligation, if any, then owing and unpaid upon the Notes for principal and premium, if
any, and interest, including Contingent Interest, if any, and Additional Interest, if any, with interest on the overdue principal and premium, if any, and (to the extent that such interest has been collected by the Trustee) upon overdue installments
of interest at the rate borne by the Notes at such time, and in case such monies shall be insufficient to pay in full the whole amounts so due and unpaid upon the Notes, then to the payment of such principal and premium, if any, and interest without
preference or priority of principal and premium, if any, over interest, or of interest over principal and premium, if any, or of any installment of interest over any other installment of interest, or of any Note over any other Note, ratably to the
aggregate of such principal and premium, if any, and accrued and unpaid interest; and 
 Fourth, to the payment of the remainder, if any, to
the Company. 
 Section 7.04 Proceedings by Noteholders. No holder of any Note shall have any right by virtue of or by availing of any
provision of this Indenture to institute any suit, action or proceeding in equity or at law upon or under or with respect to this Indenture, or for the appointment of a receiver, trustee, liquidator, custodian or other similar official, or for any
other remedy hereunder, unless such holder previously shall have given to the Trustee written notice of an Event of Default and of the continuance thereof, as hereinbefore provided, and unless also the holders of not less than 25% in aggregate
principal amount of the Notes then outstanding shall have made written request upon the Trustee to institute such action, suit or proceeding in its own name as Trustee hereunder and shall have offered to the Trustee such security or indemnity
reasonably satisfactory to it against any loss, liability or expense to be incurred therein or thereby, and the Trustee for sixty days after its receipt of such notice, request and offer of indemnity, shall have neglected or refused to institute any
such action, suit or proceeding and no direction that, in the opinion of the Trustee, is inconsistent with such written request shall have been given to the Trustee by the holders of a majority in principal amount of the Notes outstanding within
such sixty-day period pursuant to Section 7.07; it being understood and intended, and being expressly covenanted by the taker and holder of every Note with every other taker and holder and the Trustee that no one or more Noteholders 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 Noteholder (it being understood that the Trustee does not have an affirmative duty to ascertain
whether or not such actions or forbearances are unduly prejudicial to such Noteholders), or to obtain or seek to obtain priority over or preference to any other such holder, or to enforce any right under this Indenture, except in the manner herein
provided and for the equal, ratable and common benefit of all Noteholders (except as otherwise provided herein). For the protection and enforcement of this Section 7.04, each and every Noteholder and the Trustee shall be entitled to such relief
as can be given either at law or in equity. 
 Notwithstanding any other provision of this Indenture and any provision of any Note, the right
of any Noteholder to receive payment of the principal of and premium, if any (including the Redemption Price upon redemption pursuant to Article 3, the Repurchase Price upon repurchase pursuant to Section 16.01 and the Fundamental Change
Repurchase Price upon repurchase pursuant to Section 16.04), and accrued and unpaid interest and accrued and unpaid Contingent Interest, if any, and accrued and unpaid Additional Interest, if any, on such Note, on or after the respective due
dates expressed or provided for in such Note or in this Indenture, or to institute suit for the enforcement of any such payment on or after such respective dates against the Company shall not be impaired or affected without the consent of such
Noteholder. 
 Anything in this Indenture or the Notes to the contrary notwithstanding, the holder of any Note, without the consent of either
the Trustee or the holder of any other Note, in its own behalf and for its own benefit, may enforce, and may institute and maintain any proceeding suitable to enforce, its rights of conversion as provided herein. 
  

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 Section 7.05 Proceedings by Trustee. In case of an Event of Default the Trustee may in its
discretion proceed to protect and enforce the rights vested in it by this Indenture by such appropriate judicial proceedings as are necessary to protect and enforce any of such rights, either by suit in equity or by action at law or by proceeding in
bankruptcy or otherwise, whether for the specific enforcement of any covenant or agreement contained in this Indenture or in aid of the exercise of any power granted in this Indenture, or to enforce any other legal or equitable right vested in the
Trustee by this Indenture or by law. 
 Section 7.06 Remedies Cumulative and Continuing. Except as provided in the last paragraph of
Section 2.07, all powers and remedies given by this Article 7 to the Trustee or to the Noteholders shall, to the extent permitted by law, be deemed cumulative and not exclusive of any thereof or of any other powers and remedies available to the
Trustee or the holders of the Notes, by judicial proceedings or otherwise, to enforce the performance or observance of the covenants and agreements contained in this Indenture, and no delay or omission of the Trustee or of any holder of any of the
Notes to exercise any right or power accruing upon any Default or Event of Default shall impair any such right or power, or shall be construed to be a waiver of any such Default or any acquiescence therein; and, subject to the provisions of
Section 7.04, every power and remedy given by this Article 7 or by law to the Trustee or to the Noteholders may be exercised from time to time, and as often as shall be deemed expedient, by the Trustee or by the Noteholders. 
 Section 7.07 Direction of Proceedings and Waiver of Defaults by Majority of Noteholders. The holders of a majority in aggregate principal amount
of the Notes at the time outstanding determined in accordance with Section 9.04 shall have the right to direct the time, method and place of conducting any proceeding for any remedy available to the Trustee or exercising any trust or power
conferred on the Trustee with respect to Notes; provided, however, that (a) such direction shall not be in conflict with any rule of law or with this Indenture, and (b) the Trustee may take any other action deemed proper by
the Trustee that is not inconsistent with such direction. The Trustee may refuse to follow any direction that it determines is unduly prejudicial to the rights of any other holder or that would involve the Trustee in personal liability. The holders
of a majority in aggregate principal amount of the Notes at the time outstanding determined in accordance with Section 9.04 (including, without limitation, by consents obtained in connection with a purchase of, or tender offer or exchange offer
for, Notes) may on behalf of the holders of all of the Notes waive any past Default or Event of Default hereunder and its consequences except (i) a default in the payment of premium (including any Redemption Price, any Repurchase Price or any
Fundamental Change Repurchase Price), if any, accrued and unpaid interest or accrued and unpaid Contingent Interest, if any, or accrued and unpaid Additional Interest, if any, on, or the principal of, the Notes when due that has not been cured
pursuant to the provisions of Section 7.01, (ii) a failure by the Company to deliver cash, shares of Common Stock or a combination of cash and shares of Common Stock, as applicable, upon conversion of the Notes or (iii) a default in
respect of a covenant or provision hereof which under Article 11 cannot be modified or amended without the consent of each holder of an outstanding Note affected. Upon any such waiver the Company, the Trustee and the holders of the Notes shall be
restored to their former positions and rights hereunder; but no such waiver shall extend to any subsequent or other Default or Event of Default or impair any right consequent thereon. Whenever any Default or Event of Default hereunder shall have
been waived as permitted by this Section 7.07, said Default or Event of Default shall for all purposes of the Notes and this Indenture be deemed to have been cured and to be not continuing; but no such waiver shall extend to any subsequent or
other Default or Event of Default or impair any right consequent thereon. 
 Section 7.08 Notice of Defaults. The Trustee shall,
within ninety days after the occurrence and continuance of a Default of which a Responsible Officer has actual knowledge, mail to all Noteholders as the names and addresses of such holders appear upon the Note Register, notice of all Defaults known
to a Responsible Officer, unless such Defaults shall have been cured or waived before the giving of such notice; and provided that, except in the case of a Default in the payment of the principal of, or premium, if any, accrued and unpaid
interest or accrued and unpaid Contingent Interest, if any, or accrued and unpaid Additional Interest, if any, on any of the Notes, including without limiting the generality of the foregoing any Default in the payment of any Redemption Price, any
Repurchase Price or any Fundamental Change Repurchase Price, then in any such event the Trustee shall be protected in withholding such notice if and so long as a committee of Responsible Officers of the Trustee in good faith determine that the
withholding of such notice is in the interests of the Noteholders. 
  

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 Section 7.09 Undertaking to Pay Costs. All parties to this Indenture agree, and each holder of any
Note by its acceptance thereof shall be deemed to have agreed, that any court may, in its discretion, require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Trustee for any action taken 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 and expenses,
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; provided that, the provisions of this Section 7.09 (to the extent permitted by law) shall not
apply to any suit instituted by the Trustee, to any suit instituted by any Noteholder, or group of Noteholders, holding in the aggregate more than 10% in principal amount of the Notes at the time outstanding determined in accordance with
Section 9.04, or to any suit instituted by any Noteholder for the enforcement of the payment of the principal of or premium, if any, accrued and unpaid interest or accrued and unpaid Contingent Interest, if any, or accrued and unpaid Additional
Interest, if any, on any Note (including, but not limited to, the Redemption Price, the Repurchase Price and the Fundamental Change Repurchase Price with respect to the Notes being redeemed or repurchased, as applicable, as provided in this
Indenture) on or after the due date expressed or provided for in such Note or to any suit for the enforcement of the right to convert any Note in accordance with the provisions of Article 15. 
 ARTICLE 8 
 CONCERNING THE TRUSTEE 
 Section 8.01 Duties and Responsibilities of Trustee. The Trustee, prior to the occurrence of an Event of Default and after the curing or waiver of
all Events of Default that may have occurred, undertakes to perform such duties and only such duties as are specifically set forth in this Indenture. In case an Event of Default has occurred (which has not been cured or waived) the Trustee shall
exercise such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in their exercise, as a prudent person would exercise or use under the circumstances in the conduct of such person’s own affairs;
provided that, if an Event of Default occurs and is continuing, the Trustee will be under no obligation to exercise any of the rights or powers under this Indenture at the request or direction of any of the holders unless such holders have
offered to the Trustee indemnity or security satisfactory to it against the costs, expenses and liabilities that might be incurred by it in compliance with such request or direction. 
 No provision of this Indenture shall be construed to relieve the Trustee from liability for its own grossly negligent action, its own grossly negligent
failure to act or its own willful misconduct, except that 
 (a) prior to the occurrence of an Event of Default and after the
curing or waiving of all Events of Default that may have occurred: 
 (i) the duties and obligations of the Trustee shall be
determined solely by the express provisions of this Indenture and, after it has been qualified thereunder, the Trust Indenture Act, and the Trustee shall not be liable except for the performance of such duties and obligations as are specifically set
forth in this Indenture and no implied covenants or obligations shall be read into this Indenture and the Trust Indenture Act against the Trustee; and 
 (ii) in the absence of bad faith and willful misconduct on the part of the Trustee, the Trustee may conclusively rely, as to the truth of the statements and the correctness of the opinions expressed therein, upon any
certificates or opinions furnished to the Trustee and conforming to the requirements of this Indenture; but, in the case of any such certificates or opinions that by any provisions hereof are specifically required to be furnished to the Trustee, the
Trustee shall be under a duty to examine the same to determine whether or not they conform to the requirements of this Indenture (but need not confirm or investigate the accuracy of any mathematical calculations or other facts stated therein);

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

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 (c) the Trustee shall not be liable with respect to any action taken or omitted to be
taken by it in good faith in accordance with the direction of the holders of not less than a majority in principal amount of the Notes at the time outstanding determined as provided in Section 9.04 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; 
 (d) whether or not therein provided, every provision of this Indenture relating to the conduct or affecting the liability of, or affording protection to, the Trustee shall be subject to the provisions of this
Section 8.01; 
 (e) the Trustee shall not be liable in respect of any payment (as to the correctness of amount,
entitlement to receive or any other matters relating to payment) or notice effected by the Company or any Paying Agent or any records maintained by any co-registrar with respect to the Notes; 
 (f) if any party fails to deliver a notice relating to an event the fact of which, pursuant to this Indenture, requires notice to be sent
to the Trustee, the Trustee may conclusively rely on its failure to receive such notice as reason to act as if no such event occurred, unless such Responsible Officer of the Trustee had actual knowledge of such event; 
 (g) in the absence of specific written investment direction from the Company, all cash received by the Trustee shall be placed in a
non-interest bearing trust account, and in no event shall the Trustee be liable for the selection of investments or for investment losses, fees, taxes or other charges incurred thereon or for losses incurred as a result of the liquidation of any
such investment prior to its maturity date or the failure of the party directing such investments prior to its maturity date or the failure of the party directing such investment to provide timely written investment direction, and the Trustee shall
have no obligation to invest or reinvest any amounts held hereunder in the absence of such written investment direction from the Company; and 
 (h) in the event that the Trustee is also acting as Custodian, Note Registrar, Paying Agent, Conversion Agent or transfer agent hereunder, the rights and protections afforded to the Trustee pursuant to this Article 8
shall also be afforded to such Custodian, Note Registrar, Paying Agent, Conversion Agent or transfer agent. 
 None of the provisions
contained in this Indenture shall require the Trustee to expend or risk its own funds or otherwise incur personal financial liability in the performance of any of its duties or in the exercise of any of its rights or powers. 
 Section 8.02 Reliance on Documents, Opinions, Etc. Except as otherwise provided in Section 8.01: 
 (a) the Trustee may conclusively rely and shall be fully protected in acting upon any resolution, certificate, statement, instrument,
opinion, report, notice, request, consent, order, bond, Note, coupon or other paper or document believed by it in good faith to be genuine and to have been signed or presented by the proper party or parties; 
 (b) any request, direction, order or demand of the Company mentioned herein shall be sufficiently evidenced by an Officers’
Certificate (unless other evidence in respect thereof be herein specifically prescribed), and any Board Resolution may be evidenced to the Trustee by a copy thereof certified by the Secretary or an Assistant Secretary of the Company; 
 (c) the Trustee may consult with counsel of its selection and require an opinion of counsel and any advice of such counsel or Opinion of
Counsel shall be full and complete authorization and protection in respect of any action taken or omitted by it hereunder in good faith and in accordance with such advice or Opinion of Counsel; 
 (d) the Trustee shall be under no obligation to exercise any of the rights or powers vested in it by this Indenture at the request, order
or direction of any of the Noteholders pursuant to the provisions of this Indenture, unless such Noteholders shall have offered to the Trustee security or indemnity satisfactory to it against the costs, expenses and liabilities that may be incurred
therein or thereby; 
  

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 (e) 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 or other paper or document, but the Trustee, in its discretion, may make such further inquiry or investigation
into such facts or matters as it may see fit, and, if the Trustee shall determine to make such further inquiry or investigation, it shall be entitled to examine the books, records and premises of the Company, personally or by agent or attorney at
the expense of the Company and shall incur no liability of any kind by reason of such inquiry or investigation; 
 (f) the
Trustee may execute any of the trusts or powers hereunder or perform any duties hereunder either directly or by or through agents, custodians, nominees or attorneys and the Trustee shall not be responsible for any misconduct or negligence on the
part of any agent, custodian, nominee or attorney appointed by it with due care hereunder; 
 (g) the permissive rights of the
Trustee enumerated herein shall not be construed as duties; and 
 (h) the Trustee may request that the Company deliver a
certificate setting forth the names of individuals and/or titles of officers authorized at such time to take specified actions pursuant to this Indenture. 
 In no event shall the Trustee be liable for any consequential loss or damage of any kind whatsoever (including but not limited to lost profits), even if the Trustee has been advised of the likelihood of such loss or
damage and regardless of the form of action other than any such loss or damage caused by the Trustee’s willful misconduct or gross negligence. The Trustee shall not be charged with knowledge of any Default or Event of Default with respect to
the Notes, unless either (1) a Responsible Officer shall have actual knowledge of such Default or Event of Default or (2) written notice of such Default or Event of Default shall have been given to the Trustee by the Company or by any
holder of the Notes. 
 Section 8.03 No Responsibility for Recitals, Etc. The recitals contained herein and in the Notes (except in
the Trustee’s certificate of authentication) shall be taken as the statements of the Company, and the Trustee assumes no responsibility for the correctness of the same. The Trustee makes no representations as to the validity or sufficiency of
this Indenture or of the Notes. The Trustee shall not be accountable for the use or application by the Company of any Notes or the proceeds of any Notes authenticated and delivered by the Trustee in conformity with the provisions of this Indenture.

 Section 8.04 Trustee, Paying Agents, Conversion Agents or Registrar May Own Notes. The Trustee, any Paying Agent, any Conversion
Agent or Note Registrar, in its individual or any other capacity, may become the owner or pledgee of Notes with the same rights it would have if it were not the Trustee, Paying Agent, Conversion Agent or Note Registrar. 
 Section 8.05 Monies to Be Held in Trust. All monies received by the Trustee shall, until used or applied as herein provided, be held in trust for
the purposes for which they were received. Money held by the Trustee in trust hereunder need not be segregated from other funds except to the extent required by law. The Trustee shall be under no liability for interest on any money received by it
hereunder except as may be agreed in writing from time to time by the Company and the Trustee. 
 Section 8.06 Compensation and Expenses
of Trustee. The Company covenants and agrees to pay to the Trustee from time to time, and the Trustee shall be entitled to, such compensation as shall be agreed in writing for all services rendered by it hereunder in any capacity (which shall
not be limited by any provision of law in regard to the compensation of a trustee of an express trust) as mutually agreed to in writing between the Trustee and the Company, and the Company will pay or reimburse the Trustee upon its request for all
reasonable expenses, disbursements and advances reasonably incurred or made by the Trustee in accordance with any of the provisions of this Indenture in any capacity thereunder (including the reasonable compensation and the expenses and 

  

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disbursements of its agents and counsel and of all Persons not regularly in its employ) except any such expense, disbursement or advance as shall have been
caused by its gross negligence, willful misconduct or bad faith. The Company also covenants to indemnify the Trustee in any capacity under this Indenture and any other document or transaction entered into in connection herewith and its agents and
any authenticating agent for, and to hold them harmless against, any loss, claim, damage, liability or expense incurred without gross negligence, willful misconduct or bad faith on the part of the Trustee, its officers, directors, agents or
employees, or such agent or authenticating agent, as the case may be, and arising out of or in connection with the acceptance or administration of this trust or in any other capacity hereunder, including the costs and expenses of defending
themselves against any claim of liability in the premises. The obligations of the Company under this Section 8.06 to compensate or indemnify the Trustee and to pay or reimburse the Trustee for expenses, disbursements and advances shall be
secured by a senior claim to which the Notes are hereby made subordinate on all money or property held or collected by the Trustee, except, subject to the effect of Section 7.03, funds held in trust herewith for the benefit of the holders of
particular Notes. The Trustee’s right to receive payment of any amounts due under this Section 8.06 shall not be subordinate to any other liability or indebtedness of the Company (even though the Notes may be so subordinated). The
obligation of the Company under this Section 8.06 shall survive the satisfaction and discharge of this Indenture and the earlier resignation or removal or the Trustee. The Company need not pay for any settlement made without its consent, which
consent shall not be unreasonably withheld. The indemnification provided in this Section 8.06 shall extend to the officers, directors, agents and employees of the Trustee. 
 Without prejudice to any other rights available to the Trustee under applicable law, when the Trustee and its agents and any authenticating agent incur
expenses or render services after an Event of Default specified in Section 7.01(i) or Section 7.01(j) occurs, the expenses and the compensation for the services are intended to constitute expenses of administration under any bankruptcy,
insolvency or similar laws. 
 Section 8.07 Officers’ Certificate as Evidence. Except as otherwise provided in Section 8.01,
whenever in the administration of the provisions of this Indenture the Trustee shall deem it necessary or desirable that a matter be proved or established prior to taking or omitting any action hereunder, such matter (unless other evidence in
respect thereof be herein specifically prescribed) may, in the absence of gross negligence, willful misconduct, recklessness and bad faith on the part of the Trustee, be deemed to be conclusively proved and established by an Officers’
Certificate delivered to the Trustee, and such Officers’ Certificate, in the absence of gross negligence, willful misconduct, recklessness and bad faith on the part of the Trustee, shall be full warrant to the Trustee for any action taken or
omitted by it under the provisions of this Indenture upon the faith thereof. 
 Section 8.08 Conflicting Interests of Trustee. After
qualification of this Indenture under the Trust Indenture Act, if the Trustee has or shall acquire a conflicting interest within the meaning of the Trust Indenture Act, the Trustee shall either (a) eliminate such interest within ninety days,
(b) apply to the Commission for permission to continue as Trustee or (c) resign, to the extent and in the manner provided by, and subject to the provisions of, the Trust Indenture Act and this Indenture. 
 Section 8.09 Eligibility of Trustee. There shall at all times be a Trustee hereunder which shall be a Person that is eligible pursuant to the
Trust Indenture Act to act as such and has a combined capital and surplus of at least $50,000,000. If such Person publishes reports of condition at least annually, pursuant to law or to the requirements of any supervising or examining authority,
then for the purposes of this Section 8.09, the combined capital and surplus of such Person shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If at any time the Trustee
shall cease to be eligible in accordance with the provisions of this Section 8.09, it shall resign immediately in the manner and with the effect hereinafter specified in this Article. 
 Section 8.10 Resignation or Removal of Trustee . 
 (a) The Trustee may at any time resign by giving written notice of such resignation to the Company and by mailing notice thereof to the Noteholders at their addresses as they shall appear on the Note Register. Upon
receiving such notice of resignation, the Company shall promptly appoint a successor trustee by written instrument, in duplicate, executed by order of the Board of Directors, one copy of which instrument shall be delivered to the resigning Trustee
and one copy to the successor trustee. If no successor trustee shall have been so appointed and have accepted appointment within sixty days after the mailing of such notice of resignation to the 

  

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Noteholders, the resigning Trustee may, at the expense of the Company, upon ten Business Days’ notice to the Company and the Noteholders, petition any
court of competent jurisdiction for the appointment of a successor trustee, or any Noteholder who has been a bona fide holder of a Note or Notes for at least six months may, subject to the provisions of Section 7.09, on behalf of himself and
all others similarly situated, petition any such court for the appointment of a successor trustee. Such court may thereupon, after such notice, if any, as it may deem proper and prescribe, appoint a successor trustee. 
 (b) In case at any time any of the following shall occur: 
 (i) the Trustee shall fail to comply with Section 8.08 within a reasonable time after written request therefor by the Company or by
any Noteholder who has been a bona fide holder of a Note or Notes for at least six months, or 
 (ii) the Trustee shall cease
to be eligible in accordance with the provisions of Section 8.09 and shall fail to resign after written request therefor by the Company or by any such Noteholder, or 
 (iii) the Trustee shall become incapable of acting, or shall be adjudged a bankrupt or insolvent, or a receiver of the Trustee or of its
property shall be appointed, or any public officer shall take charge or control of the Trustee or of its property or affairs for the purpose of rehabilitation, conservation or liquidation, 
 then, in any such case, the Company may by a Board Resolution remove the Trustee and appoint a successor trustee by written instrument, in duplicate,
executed by order of the Board of Directors, one copy of which instrument shall be delivered to the Trustee so removed and one copy to the successor trustee, or, subject to the provisions of Section 7.09, any Noteholder who has been a bona fide
holder of a Note or Notes for at least six months may, on behalf of himself and all others similarly situated, petition any court of competent jurisdiction for the removal of the Trustee and the appointment of a successor trustee. Such court may
thereupon, after such notice, if any, as it may deem proper and prescribe, remove the Trustee and appoint a successor trustee. 
 (c) The holders of a majority in aggregate principal amount of the Notes at the time outstanding, as determined in accordance with Section 9.04, may at any time remove the Trustee and nominate a successor trustee that shall be deemed
appointed as successor trustee unless within ten days after notice to the Company of such nomination the Company objects thereto, in which case the Trustee so removed or any Noteholder, upon the terms and conditions and otherwise as in
Section 8.10(a) provided, may, at the expense of the Company, petition any court of competent jurisdiction for an appointment of a successor trustee. 
 (d) Any resignation or removal of the Trustee and appointment of a successor trustee pursuant to any of the provisions of this Section 8.10 shall become effective upon acceptance of appointment by the successor
trustee as provided in Section 8.11. 
 Section 8.11 Acceptance by Successor Trustee. Any successor trustee appointed as provided
in Section 8.10 shall execute, acknowledge and deliver to the Company and to its predecessor trustee an instrument accepting such appointment hereunder, and thereupon the resignation or removal of the predecessor trustee shall become effective
and such successor trustee, without any further act, deed or conveyance, shall become vested with all the rights, powers, duties and obligations of its predecessor hereunder, with like effect as if originally named as trustee herein; but,
nevertheless, on the written request of the Company or of the successor trustee, the trustee ceasing to act shall, upon payment of any amounts then due it pursuant to the provisions of Section 8.06, execute and deliver an instrument
transferring to such successor trustee all the rights and powers of the trustee so ceasing to act. Upon request of any such successor trustee, the Company shall execute any and all instruments in writing for more fully and certainly vesting in and
confirming to such successor trustee all such rights and powers. Any trustee ceasing to act shall, nevertheless, retain a senior claim to which the Notes are hereby made subordinate on all money or property held or collected by such trustee as such,
except for funds held in trust for the benefit of holders of particular Notes, to secure any amounts then due it pursuant to the provisions of Section 8.06. 
  

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 No successor trustee shall accept appointment as provided in this Section 8.11 unless at the time of
such acceptance such successor trustee shall be qualified under the provisions of Section 8.08 and be eligible under the provisions of Section 8.09. 
 Upon acceptance of appointment by a successor trustee as provided in this Section 8.11, each of the Company and the successor trustee, at the written direction and at the expense of the Company shall mail or
cause to be mailed notice of the succession of such trustee hereunder to the Noteholders at their addresses as they shall appear on the Note Register. If the Company fails to mail such notice within ten days after acceptance of appointment by the
successor trustee, the successor trustee shall cause such notice to be mailed at the expense of the Company. 
 Section 8.12 Succession by
Merger, Etc. Any corporation or other entity into which the Trustee may be merged or converted or with which it may be consolidated, or any corporation or other entity resulting from any merger, conversion or consolidation to which the Trustee
shall be a party, or any corporation or other entity succeeding to all or substantially all of the corporate trust business of the Trustee (including the administration of this Indenture), shall be the successor to the Trustee hereunder without the
execution or filing of any paper or any further act on the part of any of the parties hereto, provided that, in the case of any corporation or other entity succeeding to all or substantially all of the corporate trust business of the Trustee
such corporation or other entity shall be qualified under the provisions of Section 8.08 and eligible under the provisions of Section 8.09. 
 In case at the time such successor to the Trustee shall succeed to the trusts created by this Indenture, any of the Notes shall have been authenticated but not delivered, any such successor to the Trustee may adopt
the certificate of authentication of any predecessor trustee or authenticating agent appointed by such predecessor trustee, and deliver such Notes so authenticated; and in case at that time any of the Notes shall not have been authenticated, any
successor to the Trustee or an authenticating agent appointed by such successor trustee may authenticate such Notes either in the name of any predecessor trustee hereunder or in the name of the successor trustee; and in all such cases such
certificates shall have the full force which it is anywhere in the Notes or in this Indenture provided that the certificate of the Trustee shall have; provided, however, that the right to adopt the certificate of authentication of any
predecessor Trustee or to authenticate Notes in the name of any predecessor Trustee shall apply only to its successor or successors by merger, conversion or consolidation. 
 Section 8.13 Limitation on Rights of Trustee as Creditor. If and when the Trustee shall be or become a creditor of the Company (or any other
obligor upon the Notes), after qualification under the Trust Indenture Act, the Trustee shall be subject to the provisions of the Trust Indenture Act regarding the collection of the claims against the Company (or any such other obligor). 

Section 8.14 Trustee’s Application for Instructions from the Company. Any application by the Trustee for written instructions from the
Company (other than with regard to any action proposed to be taken or omitted to be taken by the Trustee that affects the rights of the holders of the Notes under this Indenture) may, at the option of the Trustee, set forth in writing any action
proposed to be taken or omitted by the Trustee under this Indenture and the date on and/or after which such action shall be taken or such omission shall be effective. The Trustee shall not be liable for any action taken by, or omission of, the
Trustee in accordance with a proposal included in such application on or after the date specified in such application (which date shall not be less than three Business Days after the date any officer that the Company has indicated to the Trustee
should receive such application actually receives such application, unless any such officer shall have consented in writing to any earlier date), unless, prior to taking any such action (or the effective date in the case of any omission), the
Trustee shall have received written instructions in accordance with this Indenture in response to such application specifying the action to be taken or omitted. 
 ARTICLE 9 
 CONCERNING THE NOTEHOLDERS 
 Section 9.01 Action by Noteholders. Whenever in this Indenture it is provided that the holders of a specified percentage in aggregate principal
amount of the Notes may take any action (including the making of any demand or request, the giving of any notice, consent or waiver or the taking of any other action), the fact that at the 
  

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time of taking any such action, the holders of such specified percentage have joined therein may be evidenced (a) by any instrument or any number of
instruments of similar tenor executed by Noteholders in person or by agent or proxy appointed in writing, or (b) by the record of the Noteholders voting in favor thereof at any meeting of Noteholders duly called and held in accordance with the
provisions of Article 10, or (c) by a combination of such instrument or instruments and any such record of such a meeting of Noteholders. Whenever the Company or the Trustee solicits the taking of any action by the holders of the Notes, the
Company or the Trustee may fix, but shall not be required to, in advance of such solicitation, a date as the record date for determining Noteholders entitled to take such action. The record date if one is selected shall be not more than fifteen days
prior to the date of commencement of solicitation of such action. 
 Section 9.02 Proof of Execution by Noteholders. Subject to the
provisions of Section 8.01, Section 8.02 and Section 10.05, proof of the execution of any instrument by a Noteholder or its agent or proxy shall be sufficient if made in accordance with such reasonable rules and regulations as may be
prescribed by the Trustee or in such manner as shall be satisfactory to the Trustee. The holding of Notes shall be proved by the Note Register or by a certificate of the Note Registrar. The record of any Noteholders’ meeting shall be proved in
the manner provided in Section 10.06. 
 Section 9.03 Who Are Deemed Absolute Owners. The Company, the Trustee, any
authenticating agent, any Paying Agent, any Conversion Agent and any Note Registrar may deem the Person in whose name a Note shall be registered upon the Note Register to be, and may treat it as, the absolute owner of such Note (whether or not such
Note shall be overdue and notwithstanding any notation of ownership or other writing thereon made by any Person other than the Company or any Note Registrar) for the purpose of receiving payment of or on account of the principal of, premium
(including the payment of the Redemption Price, the Repurchase Price and the Fundamental Change Repurchase Price), if any, and (subject to Section 2.03) accrued and unpaid interest and accrued and unpaid Contingent Interest, if any, and accrued
and unpaid Additional Interest, if any, on such Note, for conversion of such Note and for all other purposes; and neither the Company nor the Trustee nor any Paying Agent nor any Conversion Agent nor any Note Registrar shall be affected by any
notice to the contrary. All such payments so made to any holder for the time being, or upon its order, shall be valid, and, to the extent of the sum or sums so paid, effectual to satisfy and discharge the liability for monies payable upon any such
Note. Notwithstanding anything to the contrary in this Indenture or the Notes following an Event of Default, any holder of a beneficial interest in a Global Note may directly enforce against the Company, without the consent, solicitation, proxy,
authorization or any other action of the Depositary or any other Person, such holder’s right to exchange such beneficial interest for a Note in certificated form in accordance with the provisions of this Indenture. 
 Section 9.04 Company-Owned Notes Disregarded. In determining whether the holders of the requisite aggregate principal amount of Notes have
concurred in any direction, consent, waiver or other action under this Indenture, Notes that are owned by the Company or by any Person directly or indirectly controlling or controlled by or under direct or indirect common control with the Company
shall be disregarded and deemed not to be outstanding for the purpose of any such determination; provided that, for the purposes of determining whether the Trustee shall be protected in relying on any such direction, consent, waiver or other
action only Notes that a Responsible Officer actually knows are so owned shall be so disregarded. Notes so owned that have been pledged in good faith may be regarded as outstanding for the purposes of this Section 9.04 if the pledgee shall
establish to the satisfaction of the Trustee the pledgee’s right to so act with respect to such Notes and that the pledgee is not the Company or a Person directly or indirectly controlling or controlled by or under direct or indirect common
control with the Company. In the case of a dispute as to such right, any decision by the Trustee taken upon the advice of counsel shall be full protection to the Trustee. The Company shall furnish to the Trustee promptly an Officers’
Certificate listing and identifying all Notes, if any, known by the Company to be owned or held by or for the account of any of the above described Persons; and, subject to Section 8.01, the Trustee shall be entitled to accept such
Officers’ Certificate as conclusive evidence of the facts therein set forth and of the fact that all Notes not listed therein are outstanding for the purpose of any such determination. 
 Section 9.05 Revocation of Consents; Future Holders Bound. At any time prior to (but not after) the evidencing to the Trustee, as provided in
Section 9.01, of the taking of any action by the holders of the percentage in aggregate principal amount of the Notes specified in this Indenture in connection with such action, any holder of a Note that is shown by the evidence to be included
in the Notes the holders of which have consented to such action may, by filing written notice with the Trustee at its Corporate Trust Office and upon proof of holding as provided in 

  

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Section 9.02, revoke such action so far as concerns such Note. Except as aforesaid, any such action taken by the holder of any Note shall be conclusive
and binding upon such holder and upon all future holders and owners of such Note and of any Notes issued in exchange or substitution therefor or upon registration of transfer thereof, irrespective of whether any notation in regard thereto is made
upon such Note or any Note issued in exchange or substitution therefor or upon registration of transfer thereof. 
 ARTICLE 10

 NOTEHOLDERS’ MEETINGS 
 Section 10.01 Purpose of Meetings. A meeting of Noteholders may be called at any time and from time to time pursuant to the provisions of this Article 10 for any of the following purposes: 
 (a) to give any notice to the Company or to the Trustee or to give any directions to the Trustee permitted under this Indenture, or to
consent to the waiving of any Default or Event of Default hereunder and its consequences, or to take any other action authorized to be taken by Noteholders pursuant to any of the provisions of Article 7; 
 (b) to remove the Trustee and nominate a successor trustee pursuant to the provisions of Article 8; 
 (c) to consent to the execution of an indenture or indentures supplemental hereto pursuant to the provisions of Section 11.02; or

 (d) to take any other action authorized to be taken by or on behalf of the holders of any specified aggregate principal
amount of the Notes under any other provision of this Indenture or under applicable law. 
 Section 10.02 Call of Meetings by Trustee.
The Trustee may at any time call a meeting of Noteholders to take any action specified in Section 10.01, to be held at such time and at such place as the Trustee shall determine. Notice of every meeting of the Noteholders, setting forth the
time and the place of such meeting and in general terms the action proposed to be taken at such meeting and the establishment of any record date pursuant to Section 9.01, shall be mailed to holders of such Notes at their addresses as they shall
appear on the Note Register. Such notice shall also be mailed to the Company. Such notices shall be mailed not less than twenty nor more than ninety days prior to the date fixed for the meeting. 
 Any meeting of Noteholders shall be valid without notice if the holders of all Notes then outstanding are present in person or by proxy or if notice is
waived before or after the meeting by the holders of all Notes outstanding, and if the Company and the Trustee are either present by duly authorized representatives or have, before or after the meeting, waived notice. 
 Section 10.03 Call of Meetings by Company or Noteholders. In case at any time the Company, pursuant to a Board Resolution, or the holders of at
least 10% in aggregate principal amount of the Notes then outstanding, shall have requested the Trustee to call a meeting of Noteholders, by written request setting forth in reasonable detail the action proposed to be taken at the meeting, and the
Trustee shall not have mailed the notice of such meeting within twenty days after receipt of such request, then the Company or such Noteholders may determine the time and the place for such meeting and may call such meeting to take any action
authorized in Section 10.01, by mailing notice thereof as provided in Section 10.02. 
 Section 10.04 Qualifications for
Voting . To be entitled to vote at any meeting of Noteholders a Person shall (a) be a holder of one or more Notes on the record date pertaining to such meeting or (b) be a Person appointed by an instrument in writing as proxy by a
holder of one or more Notes on the record date pertaining to such meeting. The only Persons who shall be entitled to be present or to speak at any meeting of Noteholders shall be the Persons entitled to vote at such meeting and their counsel and any
representatives of the Trustee and its counsel and any representatives of the Company and its counsel. 
  

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 Section 10.05 Regulations. Notwithstanding any other provisions of this Indenture, the Trustee may
make such reasonable regulations as it may deem advisable for any meeting of Noteholders, in regard to proof of the holding of Notes and of the appointment of proxies, and in regard to the appointment and duties of inspectors of votes, the
submission and examination of proxies, certificates and other evidence of the right to vote, and such other matters concerning the conduct of the meeting as it shall think fit. 
 The Trustee shall, by an instrument in writing, appoint a temporary chairman of the meeting, unless the meeting shall have been called by the Company or
by Noteholders as provided in Section 10.03, in which case the Company or the Noteholders calling the meeting, as the case may be, shall in like manner appoint a temporary chairman. A permanent chairman and a permanent secretary of the meeting
shall be elected by vote of the holders of a majority in principal amount of the Notes represented at the meeting and entitled to vote at the meeting. 
 Subject to the provisions of Section 9.04, at any meeting of Noteholders each Noteholder or proxyholder shall be entitled to one vote for each $1,000 principal amount of Notes held or represented by him;
provided, however, that no vote shall be cast or counted at any meeting in respect of any Note challenged as not outstanding and ruled by the chairman of the meeting to be not outstanding. The chairman of the meeting shall have no
right to vote other than by virtue of Notes held by it or instruments in writing as aforesaid duly designating it as the proxy to vote on behalf of other Noteholders. Any meeting of Noteholders duly called pursuant to the provisions of
Section 10.02 or Section 10.03 may be adjourned from time to time by the holders of a majority of the aggregate principal amount of Notes represented at the meeting, whether or not constituting a quorum, and the meeting may be held as so
adjourned without further notice. 
 Section 10.06 Voting. The vote upon any resolution submitted to any meeting of Noteholders shall
be by written ballot on which shall be subscribed the signatures of the Noteholders or of their representatives by proxy and the outstanding principal amount of the Notes held or represented by them. The permanent chairman of the meeting shall
appoint two inspectors of votes who shall count all votes cast at the meeting for or against any resolution and who shall make and file with the secretary of the meeting their verified written reports in duplicate of all votes cast at the meeting. A
record in duplicate of the proceedings of each meeting of Noteholders shall be prepared by the secretary of the meeting and there shall be attached to said record the original reports of the inspectors of votes on any vote by ballot taken thereat
and affidavits by one or more Persons having knowledge of the facts setting forth a copy of the notice of the meeting and showing that said notice was mailed as provided in Section 10.02. The record shall show the principal amount of the Notes
voting in favor of or against any resolution. The record shall be signed and verified by the affidavits of the permanent chairman and secretary of the meeting and one of the duplicates shall be delivered to the Company and the other to the Trustee
to be preserved by the Trustee, the latter to have attached thereto the ballots voted at the meeting. 
 Any record so signed and verified
shall be conclusive evidence of the matters therein stated. 
 Section 10.07 No Delay of Rights by Meeting. Nothing contained in this
Article 10 shall be deemed or construed to authorize or permit, by reason of any call of a meeting of Noteholders or any rights expressly or impliedly conferred hereunder to make such call, any hindrance or delay in the exercise of any right or
rights conferred upon or reserved to the Trustee or to the Noteholders under any of the provisions of this Indenture or of the Notes. 
 ARTICLE 11 
 SUPPLEMENTAL INDENTURES 
 Section 11.01 Supplemental Indentures Without Consent of Noteholders. The Company, when authorized by the resolutions of the Board of Directors,
and the Trustee, at the Company’s expense, may from time to time and at any time enter into an indenture or indentures supplemental hereto for one or more of the following purposes: 
 (a) to cure any ambiguity, omission, defect or inconsistency in this Indenture or conform the terms of the Indenture or the Notes to the
description thereof in the Offering Memorandum; 
  

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 (b) to provide for the assumption by a Successor Company of the obligations of the
Company under this Indenture pursuant to Article 12; 
 (c) to add guarantees with respect to the Notes; 
 (d) to secure the Notes; 
 (e) to add to the covenants of the Company such further covenants, restrictions or conditions for the benefit of the Noteholders or surrender any right or power conferred upon the Company; 
 (f) to make any other change that does not materially and adversely affect the rights of any holder; 
 (g) provide for a successor trustee; or 
 (h) to comply with any requirements of the Commission in connection with the qualification of this Indenture under the Trust Indenture Act. 
 Upon the written request of the Company, the Trustee is hereby authorized to join with the Company in the execution of any such supplemental indenture,
to make any further appropriate agreements and stipulations that may be therein contained, but the Trustee shall not be obligated to, but may in its discretion, enter into any supplemental indenture that affects the Trustee’s own rights, duties
or immunities under this Indenture or otherwise. 
 Any supplemental indenture authorized by the provisions of this Section 11.01 may be
executed by the Company and the Trustee without the consent of the holders of any of the Notes at the time outstanding, notwithstanding any of the provisions of Section 11.02. 
 Section 11.02 Supplemental Indentures With Consent of Noteholders. With the consent (evidenced as provided in Article 9) of the holders of at
least a majority in aggregate principal amount of the Notes at the time outstanding (determined in accordance with Article 9 and including, without limitation, consents obtained in connection with a purchase of, or tender offer or exchange offer
for, Notes), the Company, when authorized by the resolutions of the Board of Directors and the Trustee, at the Company’s expense, may from time to time and at any time enter into an indenture or indentures supplemental hereto for the purpose of
adding any provisions to or changing in any manner or eliminating any of the provisions of this Indenture or any supplemental indenture or of modifying in any manner the rights of the holders of the Notes; provided, however, that no
such supplemental indenture shall: 
 (a) reduce the percentage in aggregate principal amount of Notes outstanding necessary
to modify or amend this Indenture or to waive any past Default or Event of Default; 
 (b) reduce the rate or extend the
stated time for payment of interest, including Contingent Interest and Additional Interest, on any Note; 
 (c) reduce the
principal of, or extend the Maturity Date of, any Note; 
 (d) make any change that impairs or adversely affects the
conversion rights of any Notes; 
 (e) reduce the Redemption Price, the Repurchase Price or the Fundamental Change Repurchase
Price of any Note or amend or modify in any manner adverse to the holders of the Notes the Company’s obligation to make such payments, whether through an amendment or waiver of provisions in the covenants, definitions or otherwise; 

(f) make any Note payable in a currency other than that stated in the Note; 
  

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 (g) impair the right of any holder to receive payment of principal of and interest,
including Contingent Interest, if any, and Additional Interest, if any, on such holder’s Notes on or after the due dates therefor or to institute suit for the enforcement of any payment on or with respect to such holder’s Notes;

 (h) make any change in this Article 11 that requires each holder’s consent or in the waiver provisions in
Section 7.01 or Section 7.07; or 
 (i) modify the ranking provisions of this Indenture in a manner that is adverse
to the holders of the Notes; 
 in each case without the consent of each holder of an outstanding Note affected. 
 Upon the written request of the Company, and upon the filing with the Trustee of evidence of the consent of Noteholders as aforesaid and subject to
Section 11.05, the Trustee shall join with the Company in the execution of such supplemental indenture unless such supplemental indenture affects the Trustee’s own rights, duties or immunities under this Indenture or otherwise, in which
case the Trustee may in its discretion, but shall not be obligated to, enter into such supplemental indenture. 
 It shall not be necessary
for the consent of the Noteholders under this Section 11.02 to approve the particular form of any proposed supplemental indenture, but it shall be sufficient if such consent shall approve the substance thereof. After an amendment under this
Indenture becomes effective, the Company shall send to the holders a notice briefly describing such amendment. However, the failure to give such notice to all the holders, or any defect in the notice, will not impair or affect the validity of the
amendment. 
 Section 11.03 Effect of Supplemental Indentures. Any supplemental indenture executed pursuant to the provisions of this
Article 11 shall comply with the Trust Indenture Act, as then in effect; provided that, this Section 11.03 shall not require such supplemental indenture to be qualified under the Trust Indenture Act prior to the time such qualification
is in fact required under the terms of the Trust Indenture Act or this Indenture has been qualified under the Trust Indenture Act, nor shall any such qualification constitute any admission or acknowledgment by any party to such supplemental
indenture that any such qualification is required prior to the time such qualification is in fact required under the terms of the Trust Indenture Act or this Indenture has been qualified under the Trust Indenture Act. Upon the execution of any
supplemental indenture pursuant to the provisions of this Article 11, this Indenture shall be and be deemed to be modified and amended in accordance therewith and the respective rights, limitation of rights, obligations, duties and immunities under
this Indenture of the Trustee, the Company and the Noteholders shall thereafter be determined, exercised and enforced hereunder subject in all respects to such modifications and amendments and all the terms and conditions of any such supplemental
indenture shall be and be deemed to be part of the terms and conditions of this Indenture for any and all purposes. 
 Section 11.04
Notation on Notes. Notes authenticated and delivered after the execution of any supplemental indenture pursuant to the provisions of this Article 11 may, at the Company’s expense, bear a notation in form approved by the Trustee as to any
matter provided for in such supplemental indenture. If the Company or the Trustee shall so determine, new Notes so modified as to conform, in the opinion of the Trustee and the Board of Directors, to any modification of this Indenture contained in
any such supplemental indenture may, at the Company’s expense, be prepared and executed by the Company, authenticated by the Trustee (or an authenticating agent duly appointed by the Trustee pursuant to Section 18.11) and delivered in
exchange for the Notes then outstanding, upon surrender of such Notes then outstanding. 
 Section 11.05 Evidence of Compliance of
Supplemental Indenture to Be Furnished Trustee. In addition to the documents required by Section 18.05, the Trustee shall receive an Officers’ Certificate and an Opinion of Counsel as conclusive evidence that any supplemental indenture
executed pursuant hereto complies with the requirements of this Article 11 and is permitted or authorized by the Indenture. 
  

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 ARTICLE 12 
 CONSOLIDATION, MERGER, SALE, CONVEYANCE AND LEASE 
 Section 12.01 Company May Consolidate,
Etc. on Certain Terms. 
 Subject to the provisions of Section 12.02, the Company shall not consolidate with, merge with or into, or
convey, transfer or lease its properties and assets substantially as an entirety to another Person, unless: 
 (a) the
resulting, surviving or transferee Person (the “Successor Company”), if not the Company, shall be a corporation organized and existing under the laws of the United States of America, any State thereof or the District of Columbia,
and the Successor Company (if not the Company) shall expressly assume, by supplemental indenture, executed and delivered to the Trustee, in form satisfactory to the Trustee, all of the obligations of the Company under the Notes and this Indenture;
and 
 (b) immediately after giving effect to such transaction, no Default or Event of Default shall have occurred and be
continuing under this Indenture. 
 Upon any such consolidation, merger, conveyance, transfer or lease the Successor Company (if not the
Company) shall succeed to, and may exercise every right and power of, the Company under this Indenture. 
 For purposes of this
Section 12.01, the conveyance, transfer or lease of the properties and assets of one or more Subsidiaries of the Company substantially as an entirety to another Person, which properties and assets, if held by the Company instead of such
Subsidiaries, would constitute the properties and assets of the Company substantially as an entirety on a consolidated basis, shall be deemed to be the transfer of the properties and assets of the Company substantially as an entirety to another
Person. 
 Section 12.02 Successor Corporation to Be Substituted. In case of any such consolidation, merger, conveyance, transfer or
lease and upon the assumption by the Successor Company, by supplemental indenture, executed and delivered to the Trustee and satisfactory in form to the Trustee, of the due and punctual payment of the principal of and premium (including any
Redemption Price, Repurchase Price or Fundamental Change Repurchase Price), if any, accrued and unpaid interest and accrued and unpaid Contingent Interest, if any, and accrued and unpaid Additional Interest, if any, on all of the Notes, the due and
punctual delivery or payment, as the case may be, of any consideration due upon conversion of the Notes and the due and punctual performance of all of the covenants and conditions of this Indenture to be performed by the Company, such Successor
Company shall succeed to and be substituted for the Company, with the same effect as if it had been named herein as the party of the first part. Such Successor Company thereupon may cause to be signed, and may issue either in its own name or in the
name of the Company any or all of the Notes issuable hereunder which theretofore shall not have been signed by the Company and delivered to the Trustee; and, upon the order of such Successor Company instead of the Company and subject to all the
terms, conditions and limitations in this Indenture prescribed, the Trustee shall authenticate and shall deliver, or cause to be authenticated and delivered, any Notes that previously shall have been signed and delivered by the officers of the
Company to the Trustee for authentication, and any Notes that such Successor Company thereafter shall cause to be signed and delivered to the Trustee for that purpose. All the Notes so issued shall in all respects have the same legal rank and
benefit under this Indenture as the Notes theretofore or thereafter issued in accordance with the terms of this Indenture as though all of such Notes had been issued at the date of the execution hereof. In the event of any such consolidation,
merger, conveyance or transfer (but not in the case of a lease), the Person named as the “Company” in the first paragraph of this Indenture or any successor that shall thereafter have become such in the manner prescribed in this Article 12
may be dissolved, wound up and liquidated at any time thereafter and, except in the case of a lease, such Person shall be released from its liabilities as obligor and maker of the Notes and from its obligations under this Indenture. 
 In case of any such consolidation, merger, conveyance, transfer or lease, such changes in phraseology and form (but not in substance) may be made in the
Notes thereafter to be issued as may be appropriate. 
  

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 Section 12.03 Opinion of Counsel to Be Given Trustee. No merger, consolidation, conveyance,
transfer or lease shall be effective unless the Trustee shall receive an Officers’ Certificate and an Opinion of Counsel as conclusive evidence that any such consolidation, merger, conveyance, transfer or lease and any such assumption and, if a
supplemental indenture is required in connection with such transaction, such supplemental indenture, complies with the provisions of this Article 12. 
 ARTICLE 13 
 IMMUNITY OF INCORPORATORS, STOCKHOLDERS, 
 OFFICERS AND DIRECTORS 
 Section
13.01 Indenture and Notes Solely Corporate Obligations. No recourse for the payment of the principal of or premium (including any Redemption Price, Repurchase Price or Fundamental Change Repurchase Price), if any, or accrued and unpaid
interest and accrued and unpaid Contingent Interest, if any, and accrued and unpaid Additional Interest, if any, on any Note, nor for any claim based thereon or otherwise in respect thereof, and no recourse under or upon any obligation, covenant or
agreement of the Company in this Indenture or in any supplemental indenture or in any Note, nor because of the creation of any indebtedness represented thereby, shall be had against any incorporator, stockholder, employee, agent, officer or director
or Subsidiary, as such, past, present or future, of the Company or of any successor corporation or entity, either directly or through the Company or any successor corporation or entity, whether by virtue of any constitution, statute or rule of law,
or by the enforcement of any assessment or penalty or otherwise; it being expressly understood that all such liability is hereby expressly waived and released as a condition of, and as a consideration for, the execution of this Indenture and the
issue of the Notes. 
 ARTICLE 14 
 CONTINGENT INTEREST 
 Section 14.01 Contingent Interest. 
 (a) The Company shall pay Contingent Interest with respect to the Notes for any Contingent Interest Period if the average Trading Price of
Notes for the ten consecutive Trading Days ending on the Trading Day immediately preceding the first day of the relevant Contingent Interest Period equals or exceeds 120% of the principal amount of such Notes. 
 (b) The amount of Contingent Interest payable per $1,000 principal amount of Notes in respect of any Contingent Interest Period shall
equal 0.55% per annum calculated on the average Trading Price of $1,000 principal amount of Notes during the relevant ten Trading Day period used to determine whether Contingent Interest must be paid. 
 (c) The Company shall be responsible for calculating the amounts of Contingent Interest, if any, accrued on the Notes. The Company shall
make any such calculations using the Trading Price provided by the Trustee. The Trustee shall be entitled in its sole discretion to consult with the Company and to request the assistance of the Company in connection with the Trustee’s duties
pursuant to this Article 14, and the Company agrees, if requested by the Trustee, to cooperate with, and provide assistance to, the Trustee in carrying out its duties under this Article 14. 
 Section 14.02 Payment of Contingent Interest. Payments of Contingent Interest shall be made in the same manner, at the same time, and subject to
the same restrictions, including those restrictions in respect of accrued and unpaid interest on any Notes that are submitted for conversion, as payments of interest. 
 Section 14.03 Contingent Interest Notification. Upon the determination that Contingent Interest is payable, the Company shall notify holders of Notes that holders of Notes shall be entitled to receive
Contingent Interest in respect of a Contingent Interest Period, in no event later than the first Business Day of a Contingent Interest Period for which Contingent Interest shall be payable, by publishing a notice in a newspaper of general
circulation in The City of New York or publish such information on its website or through such other public medium as the Company may use at that time. 
  

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 ARTICLE 15 
 CONVERSION OF NOTES 
 Section 15.01 Conversion Privilege. 
 (a) Upon compliance with the provisions of this Article 15, a Noteholder shall have the right, at such holder’s option, to convert
all or any portion (if the portion to be converted is $1,000 principal amount or an integral multiple thereof) of such Note (i) at any time prior to November 15, 2017 under the circumstances and during the periods set forth in
Section 15.01(b) below, and (ii) irrespective of the conditions described in Section 15.01(b) below, on or after November 15, 2017 and prior to the close of business on the Business Day immediately preceding the Maturity Date, in
each case, at an initial conversion rate (the “Conversion Rate”) of 33.9945 shares of Common Stock (subject to adjustment as provided in Section 15.04 of this Indenture) per $1,000 principal amount of Notes (subject to the
settlement provisions of Section 15.02, the “Conversion Obligation”). 
 (b) (i) The Notes may be
surrendered for conversion during the five Business Day period immediately after any five consecutive Trading Day period (the “Measurement Period”) in which the Trading Price per $1,000 principal amount of Notes for each day of such
Measurement Period was less than 98% of the product of the then-applicable Conversion Rate on such Trading Day and the Last Reported Sale Price of the Common Stock on such Trading Day. The Trading Prices shall be determined by the Trustee pursuant
to this clause and the definition of Trading Price set forth in this Indenture. The Company shall provide written notice to the Trustee of the three independent nationally recognized securities dealers selected by the Company pursuant to the
definition of Trading Price, along with appropriate contact information for each. The Trustee shall have no obligation to determine the Trading Price of the Notes unless requested by the Company, and the Company shall have no obligation to make such
request unless a Noteholder provides the Company with reasonable evidence that the Trading Price per $1,000 principal amount of the Notes would be less than 98% of the product of the then-applicable Conversion Rate and the Last Reported Sale Price
of the Common Stock at such time, at which time the Company shall instruct the Trustee to determine the Trading Price of the Notes beginning on the next Trading Day and on each successive Trading Day until the Trading Price per Note is greater than
or equal to 98% of the product of the then-applicable Conversion Rate and the Last Reported Sale Price of the Common Stock on such Trading Day. If the Company does not, when obligated to, instruct the Trustee to determine the Trading Price of the
Notes as provided in the preceding sentence, or if the Company gives such instruction to the Trustee, and the Trustee fails to make such determination, then the Trading Price per $1,000 principal amount of Notes will be deemed to be less than 98% of
the product of the Last Reported Sale Price of the Common Stock and the then-applicable Conversion Rate. If the Trading Price condition set forth above has been met, the Company shall so notify the Noteholders, the Trustee and the Conversion Agent.
If, at any time after the Trading Price condition set forth above has been met, the Trading Price per $1,000 principal amount of Notes is greater than 98% of the product of the then-applicable Conversion Rate and the Last Reported Sale Price of the
Common Stock on such Trading Day, the Company shall so notify the holders of the Notes, the Trustee and the Conversion Agent. In either case, the Company shall promptly publish a notice indicating that the Trading Price condition set forth above has
been met or, at any time after the Trading Price condition set forth above has been met, that the Trading Price per $1,000 principal amount of Notes is greater than 98% of the product of the then-applicable Conversion Rate and the Last Reported Sale
Price of the Common Stock on the relevant Trading Day, as the case may be, in a newspaper of general circulation in The City of New York or publish such information on its website or through such other public medium as the Company may use at that
time. 
 (ii) In the event that the Company elects to: 
 (A) distribute to all or substantially all holders of its Common Stock rights, options or warrants entitling them, for a period of not
more than sixty calendar days from the declaration date of such distribution, to subscribe for or purchase its Common Stock, at a price per share less than the average of the Last Reported Sale Prices of the Common Stock over the ten consecutive
Trading Day period ending on the Trading Day immediately preceding the declaration date for such distribution; or 
  

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 (B) distribute to all or substantially all holders of its Common Stock the
Company’s assets, debt securities, or rights to purchase securities of the Company, which distribution has a per share value (as determined by the Board of Directors) exceeding 10% of the Last Reported Sale Price of the Common Stock on the
Trading Day immediately preceding the date of declaration for such distribution, 
 then, in each case, the Company shall notify all holders
of the Notes, the Trustee and the Conversion Agent not less than twenty Business Days prior to the Ex-Dividend Date for such distribution. Once the Company has given such notice, the Notes may be surrendered for conversion at any time until the
earlier of (1) the close of business on the Business Day immediately prior to such Ex-Dividend Date and (2) the Company’s announcement that such distribution will not take place, even if the Notes are not otherwise convertible at such
time. 
 (iii) In the event of either a Fundamental Change or a Make-Whole Fundamental Change, regardless of whether a
Noteholder has the right to require the Company to repurchase the Notes pursuant to Section 16.04, a Noteholder may surrender Notes for conversion at any time from and after the twentieth Business Day prior to the anticipated effective date of
such Fundamental Change or Make-Whole Fundamental Change, as the case may be, until the Business Day immediately preceding the Fundamental Change Repurchase Date corresponding to such Fundamental Change or, in the case of a Make-Whole Fundamental
Change that does not also constitute a Fundamental Change, until, and including, the thirtieth Business Day after the effective date of such Make-Whole Fundamental Change. The Company shall give notice of the anticipated effective date of any
Fundamental Change as promptly as practicable after the Company first determines the anticipated effective date of such Fundamental Change, and this notice must occur, to the extent practicable, at least twenty Business Days prior to such
anticipated effective date and the Company shall give notice of the anticipated effective date of any Make-Whole Fundamental Change as set forth in Section 15.03(b). 
 (iv) The Notes may be surrendered for conversion in any Fiscal Quarter after the Fiscal Quarter ending August 31, 2008, and only
during such Fiscal Quarter, if the Last Reported Sale Price of the Common Stock for at least twenty Trading Days in a period of thirty consecutive Trading Days ending on the last Trading Day of the immediately preceding Fiscal Quarter is equal to or
more than 130% of the then-applicable Conversion Price on the last day of such preceding Fiscal Quarter (such price, the “Conversion Trigger Price”). The Conversion Agent, on behalf of the Company, shall determine at the beginning
of each Fiscal Quarter commencing after August 31, 2008 whether the Notes may be surrendered for conversion in accordance with this clause (iv) and shall notify the Company and the Trustee. 
 (v) In the event that the Company calls the Notes for redemption pursuant to Article 3, the Notes may be surrendered for conversion at any
time prior to the close of business on the Business Day immediately preceding the Redemption Date, whether or not the Notes are otherwise convertible at such time. 
 Section 15.02 Conversion Procedure. 
 (a) Subject to this Section 15.02, upon any
conversion of any Note, the Company shall deliver to converting Noteholders, in respect of each $1,000 principal amount of Notes being converted, solely cash, solely shares of Common Stock or a combination of cash and Common Stock (the
“Settlement Amount”), at its election, as set forth in this Section 15.02. 
 (i) All conversions after
November 15, 2017 will be settled using the same Settlement Method. 
  

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 (ii) Prior to November 15, 2017, the Company will elect (or be deemed to have
elected) the same Settlement Method for all conversions occurring on any given Conversion Date. Except for any conversions that occur on or after November 15, 2017, the Company need not elect the same Settlement Method with respect to
conversions that occur on different Trading Days. 
 (iii) If, in respect of any Conversion Date (or the period beginning on,
but excluding, November 15, 2017 and ending on, and including, the Business Day immediately preceding the Maturity Date, as the case may be), the Company elects to deliver a notice (the “Settlement Notice”) of the relevant
Settlement Method in respect of such Conversion Date (or such period, as the case may be), the Company, through the Trustee, shall deliver such Settlement Notice to converting Noteholders no later than the second Trading Day immediately following
the relevant Conversion Date. Such Settlement Notice shall specify whether the Company shall satisfy its Conversion Obligation by (A) delivering solely shares of Common Stock, (B) paying solely cash or (C) paying and delivering, as
the case may be, a combination of cash and shares of Common Stock. In the case of an election to pay and deliver, as the case may be, a combination of cash and shares of Common Stock, the relevant Settlement Notice shall indicate the Specified
Dollar Amount. If the Company does not deliver a Settlement Notice, the Company shall be deemed to have elected to deliver a combination of cash and shares of Common Stock in respect of its Conversion Obligation, and the Specified Dollar Amount
shall be deemed to be equal to $1,000. If the Company delivers a Settlement Notice electing to pay and deliver, as the case may be, a combination of cash and shares of Common Stock in respect of its Conversion Obligation but does not indicate a
Specified Dollar Amount in such Settlement Notice, the Specified Dollar Amount shall be deemed to be equal to $1,000. 
 (iv)
The Settlement Amount in respect of any conversion of Notes shall be computed as follows: 
 (A) if the Company elects to
satisfy its Conversion Obligation in respect of such conversion by delivering solely Common Stock, the Company shall deliver to the converting Noteholder a number of shares of Common Stock equal to (1) the aggregate principal amount of Notes to
be converted, divided by $1,000, multiplied by (2) the then-applicable Conversion Rate; 
 (B) if the Company elects to
satisfy its Conversion Obligation in respect of such conversion by paying solely cash, the Company shall pay to the converting Noteholder cash in an amount per $1,000 principal amount of Notes being converted equal to the sum of the Daily Conversion
Values for each of the sixty consecutive Trading Days during the related Cash Settlement Averaging Period; and 
 (C) if the
Company elects to satisfy its Conversion Obligation in respect of such conversion by paying and delivering, as the case may be, a combination of cash and shares of Common Stock, if any, the Company shall pay and deliver, as the case may be, in
respect of each $1,000 principal amount of Notes being converted, a Settlement Amount equal to the sum of the Daily Settlement Amounts for each of the sixty consecutive Trading Days during the related Cash Settlement Averaging Period. 
 (v) The Company shall also deliver to each converting Noteholder cash in lieu of fractional shares of Common Stock as set forth pursuant
to clause (l) below. 
 (vi) The Daily Settlement Amounts (if applicable) and the Daily Conversion Values (if applicable)
shall be determined by the Company promptly following the last day of the Cash Settlement Averaging Period. Promptly after such determination of the Daily Settlement Amounts or the Daily Conversion Values, as the case may be, and the amount of cash
deliverable in lieu of fractional shares (if any), the Company shall notify the Trustee and the Conversion Agent of the Daily Settlement Amounts or the Daily Conversion Values, as the case may be, and the amount of cash deliverable in lieu of
fractional shares of Common Stock. The Trustee and the Conversion Agents shall have no responsibility for any such determination. 
  

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 (b) Before any holder of a Note shall be entitled to convert the same as set forth above,
such holder shall (i) in the case of a Global Note, comply with the procedures of the Depositary in effect at that time and, if required, pay funds equal to interest payable on the next Interest Payment Date to which such holder is not entitled
as set forth in Section 15.02(h) and, if required, all transfer or similar taxes, if any, and (ii) in the case of a Note issued in certificated form, (1) complete and manually sign and deliver an irrevocable notice to the Conversion
Agent in the form on the reverse of such certificated Note (or a facsimile thereof) (Annex A hereto) (a “Notice of Conversion”) at the office of the Conversion Agent and shall state in writing therein the principal amount of Notes
to be converted and the name or names (with addresses) in which such holder wishes the certificate or certificates for any shares of Common Stock, if any, to be delivered upon settlement of the Conversion Obligation to be registered,
(2) surrender such Notes, duly endorsed to the Company or in blank (and accompanied by appropriate endorsement and transfer documents), at the office of the Conversion Agent, (3) if required, pay funds equal to interest payable on the next
Interest Payment Date to which such holder is not entitled as set forth in Section 15.02(h), (4) if required, furnish appropriate endorsements and transfer documents, and (5) if required, pay all transfer or similar taxes, if any as
set forth in Section 15.02(e). The Trustee (and if different, the relevant Conversion Agent) shall notify the Company of any conversion pursuant to this Article 15 on the date of such conversion. No Notice of Conversion with respect to any
Notes may be surrendered by a holder thereof if such holder has also delivered a Repurchase Notice to the Company in respect of such Notes and not validly withdrawn such Repurchase Notice in accordance with Section 16.02 or if such holder has
also delivered a Fundamental Change Repurchase Notice to the Company in respect of such Notes and not validly withdrawn such Fundamental Change Repurchase Notice in accordance with Section 16.05. 
 If more than one Note shall be surrendered for conversion at one time by the same holder, the Conversion Obligation with respect to such Notes, if any,
that shall be payable upon conversion shall be computed on the basis of the aggregate principal amount of the Notes (or specified portions thereof to the extent permitted thereby) so surrendered. 
 (c) A Note shall be deemed to have been converted immediately prior to the close of business on the date (the “Conversion
Date”) that the holder has complied with the requirements set forth in clause (b). The Company shall pay and deliver, as the case may be, the cash and/or shares of Common Stock due in respect of it Conversion Obligation on the third
Trading Day immediately following the relevant Conversion Date, if the Company elects to satisfy the related Conversion Obligation solely in shares of Common Stock, or by the third Trading Day immediately following the last Trading Day of the Cash
Settlement Averaging Period, in the case of any other Settlement Method. If any shares of Common Stock are due to converting Noteholders, the Company shall issue or cause to be issued, and deliver to the Conversion Agent or to such Noteholder, or
such Noteholder’s nominee or nominees, certificates or a book-entry transfer through the Depositary for the number of full shares of Common Stock to which such Noteholder shall be entitled in satisfaction of such Conversion Obligation.

 (d) In case any Note shall be surrendered for partial conversion, the Company shall execute and the Trustee shall
authenticate and deliver to or upon the written order of the holder of the Note so surrendered, without charge to such holder, a new Note or Notes in authorized denominations in an aggregate principal amount equal to the unconverted portion of the
surrendered Note. 
 (e) If a holder submits a Note for conversion, the Company shall pay all stamp and other duties, if any,
that may be imposed by the United States or any political subdivision thereof or taxing authority thereof or therein with respect to the issuance of shares of Common Stock, if any, upon the conversion. However, the holder shall pay any such tax that
is due because the holder requests any shares of Common Stock to be issued in a name other than the holder’s name or the tax is imposed by any taxing authority outside the United States. The Conversion Agent may refuse to deliver the
certificates representing the shares of Common Stock being issued in a name other than the holder’s name until the Trustee receives a sum sufficient to pay any tax that will be due because the shares are to be issued in a name other than the
holder’s name. Nothing herein shall preclude any tax withholding required by law or regulations. 
  

 47 

 (f) Except as provided in Section 15.04, no adjustment shall be made for dividends
on any shares issued upon the conversion of any Note as provided in this Article. 
 (g) Upon the conversion of an interest in
a Global Note, the Trustee, or the Custodian at the direction of the Trustee, shall make a notation on such Global Note as to the reduction in the principal amount represented thereby. The Company shall notify the Trustee in writing of any
conversion of Notes effected through any Conversion Agent other than the Trustee. 
 (h) Upon conversion, a Noteholder shall
not receive any separate cash payment for accrued and unpaid interest, Contingent Interest, if any and Additional Interest, if any, except as set forth below. The Company’s settlement of the Conversion Obligations as described above shall be
deemed to satisfy its obligation to pay the principal amount of the Note and accrued and unpaid interest, Contingent Interest, if any, and Additional Interest, if any, to, but not including, the Conversion Date. As a result, accrued and unpaid
interest, Contingent Interest, if any, and Additional Interest, if any, to, but not including, the Conversion Date shall be deemed to be paid in full rather than cancelled, extinguished or forfeited. Notwithstanding the preceding sentence, if Notes
are converted after the close of business on an Interest Record Date, but prior to the opening of business on the corresponding Interest Payment Date, holders of such Notes as of the close of business on the Interest Record Date will receive the
interest, Contingent Interest, if any, and Additional Interest, if any, payable on such Notes on the corresponding Interest Payment Date notwithstanding the conversion. Notes surrendered for conversion during the period from the close of business on
any Interest Record Date to the opening of business on the corresponding Interest Payment Date must be accompanied by payment of an amount equal to the interest, Contingent Interest, if any, and Additional Interest, if any, payable on the Notes so
converted; provided, however, that no such payment shall be required (1) if the Company has called the Notes for redemption, (2) if the Company has specified a Fundamental Change Repurchase Date that is after an Interest
Record Date but on or prior to the corresponding Interest Payment Date, (3) to the extent of any Defaulted Interest, if any, existing at the time of conversion with respect to such Note or (4) if the Notes are surrendered for conversion
after the close of business on the Interest Record Date immediately preceding the Maturity Date. Except as described above, no payment or adjustment will be made for accrued and unpaid interest, Contingent Interest, if any, and Additional Interest,
if any, on converted Notes. 
 (i) The Person in whose name the certificate for any shares of Common Stock delivered upon
conversion is registered shall be treated as a stockholder of record as of the close of business on the relevant Conversion Date (if the Company elects to satisfy the related Conversion Obligation solely in shares of Common Stock) or the last
Trading Day of the related Cash Settlement Averaging Period (in the case of any other Settlement Method), as the case may be; provided, however, if such Conversion Date or such last Trading Day of the Cash Settlement Averaging Period
occurs on any date when the stock transfer books of the Company shall be closed, such occurrence shall not be effective to constitute the Person or Persons entitled to receive any such shares of Common Stock due upon conversion as the record holder
or holders of such shares of Common Stock on such date, but such occurrence shall be effective to constitute the Person or Persons entitled to receive such shares of Common Stock as the record holder or holders thereof for all purposes at the close
of business on the next succeeding day on which such stock transfer books are open. Upon conversion of Notes, such Person shall no longer be a Noteholder. 
 (j) For each Note surrendered for conversion, if the Company has elected to deliver a combination of cash and shares of Common Stock in respect of its Conversion Obligation, the number of full shares that shall be
issued upon conversion thereof shall be computed on the basis of the aggregate Daily Settlement Amounts for the applicable Cash Settlement Averaging Period and any fractional shares remaining after such computation shall be paid in cash. If more
than one Note shall be surrendered for conversion at one time by the same holder, the number of full shares that shall be issued upon conversion thereof shall be computed on the basis of the aggregate principal amount of the Notes (or specified
portions thereof) so surrendered. The Company shall not issue fractional shares of Common Stock upon conversion of Notes. Instead, the Company shall pay cash in lieu of fractional shares based on the Daily VWAP on the relevant Conversion Date (if
the Company elects to satisfy its Conversion Obligation solely in shares of Common Stock) or based on the Daily VWAP on the last Trading Day of the relevant Cash Settlement Averaging Period (in the case of any other Settlement Method). 

 

 48 

 Section 15.03 Increased Conversion Rate Applicable to Certain Notes Surrendered in Connection with
Make-Whole Fundamental Changes. 
 (a) Notwithstanding anything herein to the contrary, if the Effective Date of the
Make-Whole Fundamental Change occurs on or prior to May 20, 2013, the Conversion Rate applicable to each Note that is surrendered for conversion, in accordance with this Article 15, at any time from, and including, the effective date of a
Make-Whole Fundamental Change until, and including, the close of business on (1) the Business Day immediately prior to the related Fundamental Change Repurchase Date corresponding to such Make-Whole Fundamental Change or (2), if the Make-Whole
Fundamental Change does not also constitute a Fundamental Change, the thirtieth Business Day after the Effective Date of the Make-Whole Fundamental Change, shall be increased to an amount equal to the Conversion Rate that would, but for this
Section 15.03, otherwise apply to such Note pursuant to this Article 15, plus an amount equal to the Make-Whole Conversion Rate Adjustment. 
 As used herein, “Make-Whole Conversion Rate Adjustment” shall mean, with respect to a Make-Whole Fundamental Change, the amount set forth in the following table that corresponds to the date such Make-Whole Fundamental
Change occurs or becomes effective (the “Effective Date”) and the Stock Price for such Make-Whole Fundamental Change, all as determined by the Company: 
 Make-Whole Conversion Rate Adjustment 
 (per $1,000 principal amount of Notes) 
  

																																					
	 Effective
Date
	  	Stock Price
		  	$	21.79	  	$	24.00	  	$	27.00	  	$	29.42	  	$	35.00	  	$	40.00	  	$	45.00	  	$	50.00	  	$	60.00	  	$	70.00	  	$	90.00	  	$	120.00
	May 6, 2008	  	 	11.8981	  	 	10.0013	  	 	8.0944	  	 	6.9300	  	 	5.9026	  	 	4.0955	  	 	3.3788	  	 	2.8595	  	 	2.1671	  	 	1.7312	  	 	1.2088	  	 	0.7105
	May 15, 2009	  	 	11.8981	  	 	9.4471	  	 	7.4610	  	 	6.3046	  	 	4.4883	  	 	3.5005	  	 	2.8410	  	 	2.3755	  	 	1.7805	  	 	1.4169	  	 	0.9933	  	 	0.6588
	May 15, 2010	  	 	11.8981	  	 	8.9013	  	 	6.7944	  	 	5.5704	  	 	3.7426	  	 	2.8105	  	 	2.2188	  	 	1.8195	  	 	1.3371	  	 	1.0598	  	 	0.7410	  	 	0.4971
	May 15, 2011	  	 	11.8981	  	 	8.2721	  	 	5.9388	  	 	4.6357	  	 	2.7712	  	 	1.9505	  	 	1.4566	  	 	1.1595	  	 	0.8338	  	 	0.6612	  	 	0.4710	  	 	0.3196
	May 15, 2012	  	 	11.8981	  	 	7.6721	  	 	4.8425	  	 	3.3610	  	 	1.5112	  	 	0.8330	  	 	0.5277	  	 	0.3875	  	 	0.2771	  	 	0.2255	  	 	0.1644	  	 	0.1121
	May 20, 2013	  	 	11.8981	  	 	7.6721	  	 	3.0425	  	 	0.0000	  	 	0.0000	  	 	0.0000	  	 	0.0000	  	 	0.0000	  	 	0.0000	  	 	0.0000	  	 	0.0000	  	 	0.0000

 provided, however, that: 
 (i) if the actual Stock Price of such Make-Whole Fundamental Change is between two Stock Prices listed in the table above under the column
titled “Stock Price,” or if the actual Effective Date of such Make-Whole Fundamental Change is between two Effective Dates listed in the table above in the row immediately below the title “Effective Date,” then the Make-Whole
Conversion Rate Adjustment for such Make-Whole Fundamental Change shall be determined by the Company by linear interpolation between the Make-Whole Conversion Rate Adjustment set forth for such higher and lower Stock Prices, or for such earlier and
later Effective Dates based on a 365-day year, as applicable; 
 (ii) if the actual Stock Price of such Make-Whole Fundamental
Change is greater than $120.00 per share (subject to adjustment in the same manner as the Stock Price as provided in clause (iii) below), or if the actual Stock Price of such Make-Whole Fundamental Change is less than $21.79 per share (subject
to adjustment in the same manner as the Stock Price as provided in clause (iii) below), then the Make-Whole Conversion Rate Adjustment shall be equal to zero and this Section 15.03 shall not require the Company to increase the Conversion
Rate with respect to such Make-Whole Fundamental Change; 
  

 49 

 (iii) if an event occurs that requires, pursuant to this Article 15 (other than solely
pursuant to this Section 15.03), an adjustment to the Conversion Rate, then, on the date and at the time such adjustment is so required to be made, each price set forth in the table above under the column titled “Stock Price” shall be
deemed to be adjusted so that such Stock Price, at and after such time, shall be equal to the product of (1) such Stock Price as in effect immediately before such adjustment to such Stock Price and (2) a fraction whose numerator is the
Conversion Rate in effect immediately before such adjustment to the Conversion Rate and whose denominator is the Conversion Rate to be in effect, in accordance with this Article 15, immediately after such adjustment to the Conversion Rate;

 (iv) each Make-Whole Conversion Rate Adjustment set forth in the table above shall be adjusted in the same manner in which,
and for the same events for which, the Conversion Rate is to be adjusted pursuant to Section 15.04; and 
 (v) in no
event will the total number of shares of Common Stock issuable upon conversion of the Notes exceed 45.8926 per $1,000 principal amount of Notes, subject to adjustment in the same manner as the Conversion Rate pursuant to Section 15.04.

 (b) As soon as practicable after the Company determines the anticipated Effective Date of any proposed Make-Whole
Fundamental Change, the Company shall mail to each Noteholder, the Trustee and the Conversion Agent written notice of, and shall issue a press release indicating, and publicly announce, through a public medium that is customary for such
announcements, and publish on the Company’s website, the anticipated effective date of such proposed Make-Whole Fundamental Change and such notice must occur, to the extent practicable, at least twenty Business Days prior to such anticipated
Effective Date. Each such press release notice, announcement and publication shall also state that in connection with such Make-Whole Fundamental Change, the Company shall increase, in accordance herewith, the Conversion Rate applicable to Notes
entitled as provided herein to such increase (along with a description of how such increase shall be calculated and the time periods during which Notes must be surrendered in order to be entitled to such increase). No later than the actual Effective
Date of each Make-Whole Fundamental Change, the Company shall mail to each Noteholder, the Trustee and the Conversion Agent written notice of, and shall issue a press release indicating, and publicly announce, through a public medium that is
customary for such announcements, and publish on the Company’s website, such Effective Date and the amount by which the Conversion Rate has been so increased. 
 Nothing in this Section 15.03 shall prevent an adjustment to the Conversion Rate pursuant to Section 15.04 in respect of a Make-Whole Fundamental Change. 
 Section 15.04 Adjustment of Conversion Rate. The Conversion Rate shall be adjusted from time to time by the Company as follows: 
 (a) If the Company issues shares of Common Stock as a dividend or distribution to all holders of the outstanding Common Stock on shares of
Common Stock, or if the Company effects a share split or share combination, the Conversion Rate will be adjusted based on the following formula: 
 

 
 where 
  

					
	 CR0
	  	=	  	the Conversion Rate in effect immediately prior to the open of business on the Ex-Dividend Date for such dividend or distribution, or the open of business on the effective date of such share
split or share combination, as the case may be;
			
	 CR’
	  	=	  	the Conversion Rate in effect immediately after the open of business on the Ex-Dividend Date for such dividend or distribution, or the open of business on the effective date of such share split
or share combination, as the case may be;

  

 50 

					
	 OS0
	  	=	  	the number of shares of Common Stock outstanding immediately prior to the open of business on the Ex-Dividend Date for such dividend or distribution, or the open of business on the effective
date of such share split or share combination, as the case may be; and
			
	 OS’
	  	=	  	the number of shares of Common Stock outstanding immediately after such dividend or distribution, or the effective date of such share split or share combination, as the case may
be.

 Such adjustment shall become effective immediately after the opening of business on the Ex-Dividend Date for such
dividend or distribution, or the effective date for such share split or share combination. If any dividend or distribution of the type described in this Section 15.04(a) is declared but not so paid or made, or the outstanding shares of Common
Stock are not split or combined, as the case may be, the Conversion Rate shall be immediately readjusted, effective as of the date the Board of Directors determines not to pay such dividend or distribution, or split or combine the outstanding shares
of Common Stock, as the case may be, to the Conversion Rate that would then be in effect if such dividend, distribution, share split or share combination had not been declared or announced. 
 (b) In case the Company shall distribute to all or substantially all holders of its Common Stock any rights, options or warrants entitling
them for a period of not more than sixty calendar days from the declaration date of such distribution to subscribe for or purchase shares of its Common Stock, at a price per share less than the average of the Last Reported Sale Prices of the Common
Stock over the ten consecutive Trading Day Period ending on the Trading Day immediately preceding the declaration date for such distribution, the Conversion Rate shall be adjusted based on the following formula: 
 

 
 where 
  

					
			
	 CR0
	  	=	  	the Conversion Rate in effect immediately prior to the open of business on the Ex-Dividend Date for such distribution;
			
	 CR’
	  	=	  	the Conversion Rate in effect immediately after the open of business on the Ex-Dividend Date for such distribution;
			
	 OS0
	  	=	  	the number of shares of the Common Stock that are outstanding immediately prior to the open of business on the Ex-Dividend Date for such distribution;
			
	 X
	  	=	  	the total number of shares of the Common Stock issuable pursuant to such rights, options or warrants; and
			
	 Y
	  	=	  	the number of shares of the Common Stock equal to the aggregate price payable to exercise such rights, options or warrants, divided by the average of the Last Reported Sale Prices of Common
Stock over the ten consecutive Trading Day period ending on the Trading Day immediately preceding the Ex-Dividend Date relating to such distribution of such rights, options or warrants.

 Such adjustment shall be successively made whenever any such rights, options or warrants are distributed and shall
become effective immediately after the opening of business on the Ex-Dividend Date for such distribution. The Company shall not issue any such rights, options or warrants in respect of shares of the Common Stock held in treasury by the Company. To
the extent that shares of the Common Stock are not delivered after the expiration of such rights, options or warrants, the Conversion Rate shall be readjusted to the Conversion Rate that would then be in effect had the adjustments made upon the
issuance of such rights, options or warrants been made on the basis of delivery of only the number of shares of Common Stock actually delivered. If such rights, options or warrants are not so issued, the Conversion Rate shall again be adjusted to be
the Conversion Rate that would then be in effect if such Ex-Dividend Date for such distribution had not been fixed. 
  

 51 

 In determining whether any rights, options or warrants entitle the holders to subscribe for or purchase shares of the
Common Stock at less than such average of the Last Reported Sale Prices of the Common Stock, and in determining the aggregate offering price of such shares of the Common Stock, there shall be taken into account any consideration received by the
Company for such rights, options or warrants and any amount payable on exercise or conversion thereof, the value of such consideration, if other than cash, to be determined by the Board of Directors. In no event shall the Conversion Rate be
decreased pursuant to this Section 15.04(b) (other than upon a readjustment as set forth in the immediately preceding paragraph). 
 (c) In case the Company shall distribute shares of its Capital Stock, evidences of its indebtedness or other of its assets or property other than (i) dividends or distributions covered by Section 15.04(a)
and Section 15.04(b), (ii) dividends or distributions paid exclusively in cash, and (iii) Spin-Offs to which the provisions set forth below in this Section 15.04(c) shall apply (any of such shares of Capital Stock, indebtedness,
or other asset or property hereinafter in this Section 15.04(c) called the “Distributed Property”), to all or substantially all holders of its Common Stock, then, in each such case the Conversion Rate shall be adjusted based on
the following formula: 
 

 
 where 
  

					
			
	 CR0
	  	=	  	the Conversion Rate in effect immediately prior to the open of business on the Ex-Dividend Date for such distribution;
			
	 CR’
	  	=	  	the Conversion Rate in effect immediately after the open of business on the Ex-Dividend Date for such distribution;
			
	 SP0
	  	=	  	the average of the Last Reported Sale Prices of the Common Stock over the ten consecutive Trading Day period ending on the Trading Day immediately preceding the Ex-Dividend Date for such
distribution; and
			
	 FMV
	  	=	  	the fair market value (as determined by the Board of Directors) of the shares of Capital Stock, evidences of indebtedness, assets or property distributed with respect to each outstanding share
of the Common Stock as of the open of business on the Ex-Dividend Date for such distribution.

 Such adjustment shall become effective immediately prior to
the opening of business on the Ex-Dividend Date for such distribution; provided that, if “FMV” as set forth above is equal to or greater than “SP0” as set forth above, in lieu of the foregoing adjustment, adequate provision shall be made so that each Noteholder shall receive on the date on which the Distributed Property is distributed to holders of Common
Stock, for each $1,000 principal amount of Notes, the amount of Distributed Property such holder would have received had such holder owned a number of shares of Common Stock equal to the Conversion Rate on the Record Date for such distribution. If
such distribution is not so paid or made, the Conversion Rate shall again be adjusted to be the Conversion Rate that would then be in effect if such dividend or distribution had not been declared. If the Board of Directors determines “FMV”
for purposes of this Section 15.04(c) by reference to the actual or when issued trading market for any securities, it must in doing so consider the prices in such market over the same period used in computing the Last Reported Sale Prices of
the Common Stock over the ten consecutive Trading Day period ending on the Trading Day immediately preceding the Ex-Dividend Date for such distribution. 
  

 52 

 With respect to an adjustment pursuant to this Section 15.04(c) where there has been a dividend or other
distribution on the Common Stock of shares of Capital Stock of any class or series, or similar equity interest, of or relating to a Subsidiary or other business unit of the Company (a “Spin-Off”), the Conversion Rate in effect
immediately before the close of business on the tenth Trading Day immediately following, and including, the effective date of the Spin-Off will be increased based on the following formula: 
 

 
 where 
  

					
			
	 CR0
	  	=	  	the Conversion Rate in effect immediately prior to the close of business on the tenth Trading Day immediately following, and including, the effective date of the Spin-Off;
			
	 CR’
	  	=	  	the Conversion Rate in effect immediately after the close of business on the tenth Trading Day immediately following, and including, the effective date of the Spin-Off;
			
	 FMV0
	  	=	  	the average of the Last Reported Sale Prices of the Capital Stock or similar equity interest distributed to holders of the Common Stock applicable to one share of the Common Stock over the first
ten consecutive Trading Day period immediately following, and including, the effective date of the Spin-Off; and
			
	 MP0
	  	=	  	the average of the Last Reported Sale Prices of the Common Stock over the first ten consecutive Trading Day period immediately following, and including, the effective date of the
Spin-Off.

 The adjustment to the Conversion Rate under the preceding paragraph shall become effective at the close of
business on the tenth Trading Day immediately following, and including, the effective date of the Spin-Off; provided that, for purposes of determining the Conversion Rate, in respect of any conversion during the ten Trading Days immediately
following, and including, the effective date of any Spin-Off, references in the portion of this Section 15.04(c) related to Spin-Offs to ten Trading Days shall be deemed replaced with such lesser number of Trading Days as have elapsed between
the effective date of such Spin-Off and the Conversion Date for such conversion. 
 Subject in all respect to Section 15.10, rights,
options or warrants distributed by the Company to all holders of its Common Stock entitling the holders thereof to subscribe for or purchase shares of the Company’s Capital Stock, including Common Stock (either initially or under certain
circumstances), which rights, options or warrants, until the occurrence of a specified event or events (“Trigger Event”): (i) are deemed to be transferred with such shares of the Common Stock; (ii) are not exercisable; and
(iii) are also issued in respect of future issuances of the Common Stock, shall be deemed not to have been distributed for purposes of this Section 15.04 (and no adjustment to the Conversion Rate under this Section 15.04 will be
required) until the occurrence of the earliest Trigger Event, whereupon such rights and warrants shall be deemed to have been distributed and an appropriate adjustment (if any is required) to the Conversion Rate shall be made under this
Section 15.04(c). If any such right, option or warrant, including any such existing rights, options or warrants distributed prior to the date of this Indenture, are subject to events, upon the occurrence of which such rights, options or
warrants become exercisable to purchase different securities, evidences of indebtedness or other assets, then the date of the occurrence of any and each such event shall be deemed to be the date of distribution and Ex-Dividend Date with respect to
new rights, options or warrants with such rights (and a termination or expiration of the existing rights, options or warrants without exercise by any of the holders thereof). In addition, in the event of any distribution (or deemed distribution) of
rights, options or warrants, or any Trigger Event or other event (of the type described in the preceding sentence) with respect thereto that was counted for purposes of calculating a distribution amount for which an adjustment to the Conversion Rate
under this Section 15.04 was made, (1) in the case of any such rights, options or warrants that shall all have been redeemed or repurchased without exercise by any holders thereof, the Conversion Rate shall be readjusted upon such final
redemption or repurchase to give effect to such distribution or Trigger Event, as the case may be, as though it were a cash distribution, equal to the per share redemption or repurchase price received by a holder or holders of Common Stock with
respect to such rights, options or warrants (assuming such holder had retained such rights or warrants), made to all holders of Common Stock as of the date of such redemption or repurchase, and (2) in the case of such rights, options or
warrants that shall have expired or been terminated without exercise by any holders thereof, the Conversion Rate shall be readjusted as if such rights, options and warrants had not been issued. 
  

 53 

 For purposes of this Section 15.04(c), Section 15.04(a), and Section 15.04(b), any
dividend or distribution to which this Section 15.04(c) is applicable that also includes shares of Common Stock, or rights, options or warrants to subscribe for or purchase shares of Common Stock to which Section 15.04(a) or
Section 15.04(b) (or both) applies, shall be deemed instead to be (1) a dividend or distribution of the evidences of indebtedness, assets or shares of capital stock other than such shares of Common Stock or rights, options or warrants to
which Section 15.04(c) applies (and any Conversion Rate adjustment required by this Section 15.04(c) with respect to such dividend or distribution shall then be made) immediately followed by (2) a dividend or distribution of such
shares of Common Stock or such rights, options or warrants (and any further Conversion Rate adjustment required by Section 15.04(a) and Section 15.04(b) with respect to such dividend or distribution shall then be made), except (A) the
Ex-Dividend Date of such dividend or distribution shall be substituted as “the Ex-Dividend Date,” “the Ex-Dividend Date relating to such distribution of such rights, options or warrants” and “the Ex-Dividend Date for such
distribution” within the meaning of Section 15.04(a) and Section 15.04(b) and (B) any shares of Common Stock included in such dividend or distribution shall not be deemed “outstanding immediately prior to the Ex-Dividend
Date for such dividend or distribution, or the effective date of such share split or share combination, as the case may be” within the meaning of Section 15.04(a) or “outstanding immediately prior to the Ex-Dividend Date for such
dividend or distribution” within the meaning of Section 15.04(b). 
 In no event shall the Conversion Rate be decreased pursuant to
this Section 15.04(c) (other than upon a readjustment if a distribution of Distributed Property is not made as set forth above in this Section 15.04(c)). 
 (d) If the Company pays any cash dividend or distribution to all or substantially all holders of its Common Stock, the Conversion Rate
shall be adjusted based on the following formula: 
 

 
 where 
  

					
			
	CR0	  	=	  	the Conversion Rate in effect immediately prior to the open of business on the Ex-Dividend Date for such dividend or distribution;
			
	CR’	  	=	  	the Conversion Rate in effect immediately after the open of business on the Ex-Dividend Date for such dividend or distribution;
			
	SP0	  	=	  	the Last Reported Sale Price of the Common Stock on the Trading Day immediately preceding the Ex-Dividend Date for such dividend or distribution; and
			
	C	  	=	  	the amount in cash per share the Company distributes to holders of its Common Stock.

 Such adjustment shall become effective immediately after
the opening of business on the Ex-Dividend Date for such dividend or distribution; provided that, if “C” as set forth above is equal to or greater than “SP0” as set forth above, in lieu of the foregoing adjustment, adequate provision shall be made so that each Noteholder shall have the right to receive on the date on which the relevant cash dividend or distribution
is distributed to holders of Common Stock, for each $1,000 principal amount of Notes, the amount of cash such holder would have received had such holder owned a number of shares equal to the Conversion Rate on the Record Date for such distribution.
If such dividend or distribution is not so paid or made, the Conversion Rate shall again be adjusted to be the Conversion Rate that would then be in effect if such dividend or distribution had not been declared. 
 For the avoidance of doubt, for purposes of this Section 15.04(d), in the event of any reclassification of the Common Stock, as a result of which
the Notes become convertible into more than one class of Common Stock, if an adjustment to the Conversion Rate is required pursuant to this Section 15.04(d), references in this Section to one 

  

 54 

 
share of Common Stock or Last Reported Sale Price of one share of Common Stock shall be deemed to refer to a unit or to the price of a unit consisting of the
number of shares of each class of Common Stock into which the Notes are then convertible equal to the numbers of shares of such class issued in respect of one share of Common Stock in such reclassification. The above provisions of this paragraph
shall similarly apply to successive reclassifications. 
 In no event shall the Conversion Rate be decreased pursuant to this
Section 15.04(d) (other than upon a readjustment if a cash dividend or distribution is not made as set forth above in this Section 15.04(d)). 
 (e) If the Company or any of its Subsidiaries makes a payment in respect of a tender offer or exchange offer for the Common Stock and the cash and value of any other consideration included in the payment per share of
the Common Stock exceeds the average of the Last Reported Sale Prices of the Common Stock over the ten consecutive Trading-Day period commencing on, and including, the Trading Day next succeeding the last date on which tenders or exchanges may be
made pursuant to such tender or exchange offer, the Conversion Rate shall be increased based on the following formula: 
 

 
 where 
  

					
			
	CR0	  	=	  	the Conversion Rate in effect at the close of business on the last Trading Day of the period of ten consecutive Trading Days commencing on, and including, the Trading Day next succeeding the
date such tender or exchange offer expires;
			
	CR’	  	=	  	the Conversion Rate in effect at the open of business on first day following the last Trading Day of the period of ten consecutive Trading Days commencing on, and including, the Trading Day
next succeeding the date such tender or exchange offer expires;
			
	AC	  	=	  	the aggregate value of all cash and any other consideration (as determined by the Board of Directors) paid or payable for shares of Common Stock purchased in such tender or exchange offer;

			
	OS0	  	=	  	the number of shares of Common Stock outstanding immediately prior to the date such tender or exchange offer expires (prior to giving effect to such tender offer or exchange
offer);
			
	OS’	  	=	  	the number of shares of Common Stock outstanding immediately after the date such tender or exchange offer expires (after giving effect to such tender offer or exchange offer);
and
			
	SP’	  	=	  	the average of the Last Reported Sale Prices of Common Stock over the ten consecutive Trading Day period commencing on, and including, the Trading Day next succeeding the date such tender or
exchange offer expires.

 Such adjustment shall become effective at the close of business on the tenth Trading Day next succeeding the date
such tender or exchange offer expires; provided that, for purposes of determining the Conversion Rate, in respect of any conversion during the ten Trading Days following the date that any such tender or exchange offer expires, references in
this Section 15.04(e) to ten Trading Days shall be deemed replaced with such lesser number of Trading Days as have elapsed between the date that such tender or exchange offer expires and the Conversion Date for such conversion. If the Company
is obligated to purchase shares pursuant to any such tender or exchange offer, but the Company is permanently prevented by applicable law from effecting any or all or any portion of such purchases or all such purchases are rescinded, the Conversion
Rate shall again be adjusted to be the Conversion Rate that would then be in effect if such tender or exchange offer had not been made or had been made only in respect of the purchases that had been effected. In no event shall the Conversion Rate be
decreased pursuant to this Section 15.04(e) (other than upon a readjustment as set forth in the immediately preceding sentence). 
  

 55 

 (f) The term “Record Date” shall mean, with respect to any dividend,
distribution or other transaction or event in which the holders of Common Stock (or other security) have the right to receive any cash, securities or other property or in which the Common Stock (or other applicable security) is exchanged for or
converted into any combination of cash, securities or other property, the date fixed for determination of stockholders entitled to receive such cash, securities or other property (whether such date is fixed by the Board of Directors or by statute,
contract or otherwise). 
 (g) Except as stated herein, the Company shall not adjust the Conversion Rate for the issuance of
shares of its Common Stock or any securities convertible into or exchangeable for shares of its Common Stock or the right to purchase shares of its Common Stock or such convertible or exchangeable securities. 
 (h) Notwithstanding this Section 15.04 or any other provision of this Indenture or the Notes, if any Conversion Rate adjustment
becomes effective, or any Ex-Dividend Date for any issuance, dividend or distribution (relating to a required Conversion Rate adjustment) occurs, during the period beginning on, and including, the open of business on a Conversion Date and ending on,
and including, (x) the close of business on the third Trading Day immediately following the relevant Conversion Date (if the Company elects to satisfy the related Conversion Obligation solely in shares of Common Stock) or (y) the close of
business on the last Trading Day of a related Cash Settlement Averaging Period (in the case of any other Settlement Method), the Board of Directors shall make adjustments to the Conversion Rate and the amount of cash or number of shares of Common
Stock issuable upon conversion of the Notes, as the case may be, as is be necessary or appropriate to effect the intent of this Section 15.04 and the other provisions of Article 15 and to avoid unjust or inequitable results, as determined in
good faith by the Board of Directors. Any adjustment made pursuant to this Section 15.04(h) shall apply in lieu of the adjustment or other term that would otherwise be applicable. 
 (i) In addition to those required by clauses (a), (b), (c), (d) and (e) of this Section 15.04, and to the extent permitted
by applicable law and subject to the applicable rules of the New York Stock Exchange, the Company from time to time may increase the Conversion Rate by any amount for a period of at least twenty Business Days if the Board of Directors determines
that such increase would be in the Company’s best interest. In addition, the Company may also (but is not required to) increase the Conversion Rate to avoid or diminish any income tax to holders of Common Stock or rights to purchase Common
Stock in connection with any dividend or distribution of shares (or rights to acquire shares) or similar event. Whenever the Conversion Rate is increased pursuant to the preceding sentence, the Company shall mail to the holder of each Note at its
last address appearing on the Note Register provided for in Section 2.06 a notice of the increase at least fifteen days prior to the date the increased Conversion Rate takes effect, and such notice shall state the increased Conversion Rate and
the period during which it will be in effect. 
 (j) The applicable Conversion Rate will not be adjusted: 
 (i) upon the issuance of any shares of the Common Stock pursuant to any present or future plan providing for the reinvestment of dividends
or interest payable on the Company’s securities and the investment of additional optional amounts in shares of the Common Stock under any plan; 
 (ii) upon the issuance of any shares of the Common Stock or options or rights to purchase or acquire those shares pursuant to any present or future employee, director or consultant benefit plan or program of or
assumed by the Company or any of the Company’s Subsidiaries; 
 (iii) upon the issuance of any shares of the Common Stock
pursuant to any option, warrant, right or exercisable, exchangeable or convertible security not described in clause (ii) of this subsection and outstanding as of the date the Notes were first issued; 
  

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 (iv) for a change in the par value of the Common Stock; 
 (v) for accrued and unpaid interest, including Contingent Interest, if any, and Additional Interest, if any; or 
 (vi) for any transactions described in this Section 15.04 if Noteholders participate (as a result of holding the Notes, and at the
same time as holders of Common Stock participate) in such transactions as if such Noteholders held a number of shares of Common Stock equal to the Conversion Rate at the time such adjustment would be required, multiplied by the principal amount
(expressed in thousands) of Notes held by such Noteholder, without having to convert their Notes. 
 (k) All calculations and
other determinations under this Article 15 shall be made by the Company and shall be made to the nearest one-ten thousandth (1/10,000) of a share. 
 (l) Whenever the Conversion Rate is adjusted as herein provided, the Company shall promptly file with the Trustee and any Conversion Agent other than the Trustee an Officers’ Certificate setting forth the
Conversion Rate after such adjustment and setting forth a brief statement of the facts requiring such adjustment. Unless and until a Responsible Officer of the Trustee shall have received such Officers’ Certificate, the Trustee shall not be
deemed to have knowledge of any adjustment of the Conversion Rate and may assume without inquiry that the last Conversion Rate of which it has knowledge is still in effect. Promptly after delivery of such certificate, the Company shall prepare a
notice of such adjustment of the Conversion Rate setting forth the adjusted Conversion Rate and the date on which each adjustment becomes effective and shall mail such notice of such adjustment of the Conversion Rate to the holder of each Note at
its last address appearing on the Note Register provided for in Section 2.06 of this Indenture, within ten days of the effective date of such adjustment. Failure to deliver such notice shall not affect the legality or validity of any such
adjustment. 
 (m) For purposes of this Section 15.04, the number of shares of Common Stock at any time outstanding shall
not include shares held in the treasury of the Company but shall include shares issuable in respect of scrip certificates issued in lieu of fractions of shares of Common Stock. The Company will not pay any dividend or make any distribution on shares
of Common Stock held in the treasury of the Company. 
 Section 15.05 Shares to Be Fully Paid. The Company shall provide, free from
preemptive rights, out of its authorized but unissued shares or shares held in treasury, sufficient shares of Common Stock to provide for conversion of the Notes from time to time as such Notes are presented for conversion. 
 Section 15.06 Effect of Reclassification, Consolidation, Merger or Sale. Upon the occurrence of (i) any reclassification or change of the
outstanding shares of Common Stock (other than a change in par value, or from par value to no par value, or from no par value to par value, or as a result of a split, subdivision or combination covered by Section 15.04(a)), (ii) any
consolidation, merger or combination involving the Company, or (iii) any sale or conveyance of all or substantially all of the property and assets of the Company to any other Person, in each case as a result of which holders of Common Stock
shall be entitled to receive cash, securities or other property or assets with respect to or in exchange for such Common Stock (any such event a “Merger Event”), then: 
 (a) the Company or the successor or purchasing Person, as the case may be, shall execute with the Trustee a supplemental indenture (which
shall comply with the Trust Indenture Act as in force at the date of execution of such supplemental indenture if such supplemental indenture is then required to so comply) permitted under Section 11.01(f) providing for the conversion and
settlement of the Notes as set forth in this Indenture. Such supplemental indenture shall provide for adjustments that shall be as nearly equivalent as may be practicable to the adjustments provided for in this Article 15. If, in the case of any
Merger Event, the Reference Property includes shares of stock or other securities and assets of a corporation other than the successor or purchasing corporation, as the case may be, in such reclassification, change, consolidation, merger,
combination, sale or conveyance, then such supplemental indenture shall also be executed by such other corporation and shall contain such additional provisions to protect the interests of the holders of the Notes as the Board of Directors shall
reasonably consider necessary by reason of the foregoing, including to the extent required by the Board of Directors and practicable the provisions providing for the repurchase rights set forth in Article 16 herein. 
  

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 In the event the Company shall execute a supplemental indenture pursuant to this Section 15.06, the
Company shall promptly file with the Trustee an Officers’ Certificate briefly stating the reasons therefore, the kind or amount of cash, securities or property or asset that will comprise the Reference Property after any such Merger Event, any
adjustment to be made with respect thereto and that all conditions precedent have been complied with, and shall promptly mail notice thereof to all Noteholders. The Company shall cause notice of the execution of such supplemental indenture to be
mailed to each Noteholder, at its address appearing on the Note Register provided for in this Indenture, within twenty days after execution thereof. Failure to deliver such notice shall not affect the legality or validity of such supplemental
indenture. 
 (b) Notwithstanding the provisions of Section 15.02(a), and subject to the provisions of Section 15.01
and Section 15.03, at and after the effective time of such Merger Event, (i) the right to convert each $1,000 principal amount of Notes into cash, shares of Common Stock or a combination of cash and shares of Common Stock at the
Company’s election as set forth in Section 15.02 will be changed to a right to convert such Note into cash, the kind and amount of shares of stock, securities or other property or assets (including cash or any combination thereof) that a
holder of a number of shares of Common Stock equal to the Conversion Rate immediately prior to such transaction would have owned or been entitled to receive (the “Reference Property”) or a combination of cash and Reference Property
at the Company’s election and (ii) the related Conversion Obligation shall be settled as set forth under clause (c) below, it being understood and agreed that for purposes of Section 15.01(b), references therein to “the Last
Reported Sale Price of the Common Stock” shall be deemed at and after the effective time of such Merger Event to be references to “the Last Reported Sale Price of a unit of Reference Property comprised of the kind and amount of shares of
stock, securities or other property or assets (including cash or any combination thereof) that a holder of one share of Common Stock immediately prior to such Merger Event would have owned or been entitled to receive based on the Weighted Average
Consideration.” The Company shall not become a party to any Merger Event unless its terms are consistent with this Section 15.06. None of the foregoing provisions shall affect the right of a holder of Notes to convert its Notes into cash,
shares of Common Stock or a combination of cash and shares of Common Stock, as applicable, as set forth in Section 15.01 and Section 15.02 prior to the effective date of such Merger Event. 
 (c) With respect to each $1,000 principal amount of Notes surrendered for conversion after the effective date of any such Merger Event,
the Company’s Conversion Obligation shall be settled in cash or units of Reference Property, at the Company’s election, in accordance with Section 15.02(a) as follows: 
 (i) (A) if the Company elects to satisfy its Conversion Obligation in respect of such conversion by delivering solely Reference Property,
the Company shall deliver to the converting Noteholder a number of units of Reference Property (each such unit comprised of the kind and amount of shares of stock, securities or other property or assets (including cash or any combination thereof)
that a holder of one share of Common Stock immediately prior to such Merger Event would have owned or been entitled to receive based on the Weighted Average Consideration) equal to (1) the aggregate principal amount of Notes to be converted,
divided by $1,000, multiplied by (2) the then-applicable Conversion Rate; (B) if the Company elects to satisfy its Conversion Obligation in respect of such conversion by paying solely cash, the Company shall pay to the
converting Noteholder cash in an amount per $1,000 principal amount of Notes being converted equal to the sum of the Daily Conversion Values for each of the sixty consecutive Trading Days during the related Cash Settlement Averaging Period, such
Daily Conversion Values determined as if the reference to “the Daily VWAP of the Common Stock” in the definition thereof were instead a reference to “the Daily VWAP of a unit of Reference Property comprised of the kind and amount of
shares of stock, securities or other property or assets (including cash or any combination thereof) that a holder of one share of Common Stock immediately prior to such Merger Event would have owned or been entitled to receive based on the Weighted
Average Consideration”; and (C) if the Company elects to satisfy its Conversion Obligation by paying or delivering, as the case may be, of a combination of cash and Reference Property, the Company shall pay and deliver, as the case may be,
in respect of each $1,000 principal amount of Notes being converted, a Settlement Amount equal to the sum of the Daily Settlement Amounts for each of the sixty consecutive Trading Days during the Cash Settlement Averaging Period for such Note, such
Daily Settlement Values determined as if the reference to “the Daily VWAP of the Common Stock” in the definition of Daily Conversion Value and Daily Share Amount were instead a 

  

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reference to “the Daily VWAP of a unit of Reference Property comprised of the kind and amount of shares of stock, securities or other property or assets
(including cash or any combination thereof) that a holder of one share of Common Stock immediately prior to such Merger Event would have owned or been entitled to receive based on the Weighted Average Consideration.” 
 (ii) The Company will deliver the cash in lieu of fractional units of Reference Property as set forth pursuant to Section 15.02(j)
(provided that the amount of such cash shall be determined as if references in such Section to “the Daily VWAP” were instead a reference to “the Daily VWAP of a unit of Reference Property composed of the kind and amount of shares of
stock, securities or other property or assets (including cash or any combination thereof) that a holder of one share of Common Stock immediately prior to such Merger Event would have owned or been entitled to receive based on the Weighted Average
Consideration”). 
 (iii) The Daily Settlement Amounts (if applicable) and Daily Conversion Values (if applicable) shall
be determined by the Company promptly following the last day of the Cash Settlement Averaging Period. 
 (iv) For purposes of
this Section 15.06, the “Weighted Average Consideration” shall mean the weighted average of the types and amounts of consideration received by the holders of the Common Stock entitled to receive cash, securities or other
property or assets with respect to or in exchange for such Common Stock in any Merger Event who affirmatively make such an election. 
 (v) The Company shall notify the holders of the Weighted Average Consideration as soon as practicable after the Weighted Average Consideration is determined. 
 (d) The above provisions of this Section shall similarly apply to successive Merger Events. 
 Section 15.07 Certain Covenants. 
 (a) The Company covenants that all shares of Common Stock issued upon conversion of Notes will be fully paid and non-assessable by the Company and free from all taxes, liens and charges with respect to the issue
thereof. 
 (b) The Company covenants that, if any shares of Common Stock to be provided for the purpose of conversion of
Notes hereunder require registration with or approval of any governmental authority under any federal or state law before such shares may be validly issued upon conversion, the Company will, to the extent then permitted by the rules and
interpretations of the Commission, secure such registration or approval, as the case may be. 
 (c) The Company further
covenants that if at any time the Common Stock shall be listed on any national securities exchange or automated quotation system the Company will list and keep listed, so long as the Common Stock shall be so listed on such exchange or automated
quotation system, any Common Stock issuable upon conversion of the Notes. 
 Section 15.08 Responsibility of Trustee. The Trustee and
any other Conversion Agent shall not at any time be under any duty or responsibility to any Noteholder to determine the Conversion Rate (or any adjustment thereto) or whether any facts exist that may require any adjustment (including any increase)
of the Conversion Rate, or with respect to the nature or extent or calculation of any such adjustment when made, or with respect to the method employed, or herein or in any supplemental indenture provided to be employed, in making the same. The
Trustee and any other Conversion Agent shall not be accountable with respect to the validity or value (or the kind or amount) of any shares of Common Stock, or of any securities, property or cash that may at any time be issued or delivered upon the
conversion of any Note; and the Trustee and any other Conversion Agent make no representations with respect thereto. Neither the Trustee nor any Conversion Agent shall be responsible for any failure of the Company to issue, transfer or deliver any
shares of Common Stock or stock certificates or other 

  

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securities or property or cash upon the surrender of any Note for the purpose of conversion or to comply with any of the duties, responsibilities or
covenants of the Company contained in this Article. Without limiting the generality of the foregoing, neither the Trustee nor any Conversion Agent shall be under any responsibility to determine the correctness of any provisions contained in any
supplemental indenture entered into pursuant to Section 15.06 relating either to the kind or amount of shares of stock or securities or property (including cash) receivable by Noteholders upon the conversion of their Notes after any event
referred to in such Section 15.06 or to any adjustment to be made with respect thereto, but, subject to the provisions of Section 8.01, may accept (without any independent investigation) as conclusive evidence of the correctness of any
such provisions, and shall be protected in relying upon, the Officers’ Certificate (which the Company shall be obligated to file with the Trustee prior to the execution of any such supplemental indenture) with respect thereto. Neither the
Trustee nor the Conversion Agent shall be responsible for determining whether any event contemplated by Section 15.01(b) has occurred that makes the Notes eligible for conversion or no longer eligible therefor until the Company has delivered to
the Trustee and the Conversion Agent the notices referred to in Section 15.01(b) with respect to the commencement or termination of such conversion rights, on which notices the Trustee and the Conversion Agent may conclusively rely, and the
Company agrees to deliver such notices to the Trustee and the Conversion Agent immediately after the occurrence of any such event or at such other times as shall be provided for in Section 15.01(b). 
 Section 15.09 Notice to Holders Prior to Certain Actions. In case: 
 (a) the Company shall declare a dividend (or any other distribution) on its Common Stock that would require an adjustment in the
Conversion Rate pursuant to Section 15.04; or 
 (b) the Company shall authorize the granting to all of the holders of
its Common Stock of rights, options or warrants to subscribe for or purchase any share of any class or any other rights, options or warrants; or 
 (c) of any reclassification of the Common Stock of the Company (other than a subdivision or combination of its outstanding Common Stock, or a change in par value, or from par value to no par value, or from no par
value to par value), or of any consolidation or merger to which the Company is a party and for which approval of any stockholders of the Company is required, or of the sale or transfer of all or substantially all of the assets of the Company; or

 (d) of the voluntary or involuntary dissolution, liquidation or winding-up of the Company; the Company shall cause to be
filed with the Trustee and to be mailed to each Noteholder at its address appearing on the Note Register, provided for in Section 2.06 of this Indenture, as promptly as possible but in any event at least twenty days prior to the applicable date
hereinafter specified, a notice stating (i) the date on which a record is to be taken for the purpose of such dividend, distribution or rights, options or warrants, or, if a record is not to be taken, the date as of which the holders of Common
Stock of record to be entitled to such dividend, distribution or rights are to be determined, or (ii) the date on which such reclassification, consolidation, merger, sale, transfer, dissolution, liquidation or winding-up is expected to become
effective or occur, and the date as of which it is expected that holders of Common Stock of record shall be entitled to exchange their Common Stock for securities or other property deliverable upon such reclassification, consolidation, merger, sale,
transfer, dissolution, liquidation or winding-up. Failure to give such notice, or any defect therein, shall not affect the legality or validity of such dividend, distribution, reclassification, consolidation, merger, sale, transfer, dissolution,
liquidation or winding-up. 
 Section 15.10 Stockholder Rights Plans. To the extent that the Company has a stockholder rights plan or
other “poison pill” in effect upon conversion of the Notes, each share of Common Stock, if any, issued upon such conversion shall be entitled to receive the appropriate number of rights, if any, and the certificates representing the Common
Stock issued upon such conversion shall bear such legends, if any, in each case as may be provided by the terms of any such stockholder rights plan or poison pill, as the same may be amended from time to time. If prior to the time of conversion,
however, the rights have separated from the shares of Common Stock in accordance with the provisions of the applicable stockholder rights agreement so that the holders of the Notes would not be entitled to receive any rights in respect of Common
Stock, if any, issuable upon conversion of the Notes, the Conversion Rate will be adjusted at the time of separation as if the Company has distributed to all holders of Common Stock, shares of Capital Stock of the Company, evidences of indebtedness
or other of its assets or property as provided in Section 15.04(c), subject to readjustment in the event of the expiration, termination or redemption of such rights. 
  

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 Section 15.11 Exchange in Lieu of Conversion. When a holder surrenders its Notes for conversion,
the Company may, at its election (the “Exchange Election”), direct the Conversion Agent to surrender, on or prior to the second Business Day following the relevant Conversion Date, such Notes to a financial institution designated by
the Company (the “Designated Institution”) for exchange in lieu of conversion. In order to accept any Notes surrendered for conversion for exchange in lieu of conversion, the Designated Institution must agree to timely deliver, in
exchange for such Notes, the shares of Common stock and/or cash that would otherwise be due upon conversion as described in Section 15.02 above and in respect of which the Company has notified to converting Noteholders. If the Company makes an
Exchange Election, the Company shall, by the close of business on the second Business Day following the relevant Conversion Date as part of its Settlement Notice, notify the holder surrendering its Notes for conversion that it has made such
election. In addition, the Company shall concurrently notify the Designated Institution of the Settlement Method (and, if applicable, the Specified Dollar Amount) that Company has elected with respect to such conversion and the relevant deadline for
delivery of the consideration due upon conversion. Any Notes exchanged by the Designated Institution will remain outstanding. 
 If the
Designated Institution agrees to accept any Notes for exchange but does not timely deliver the related consideration due upon conversion to the Conversion Agent, or if the Designated Institution does not accept such Notes for exchange, the Company
shall, within the time period specified in Section 15.02(c), convert such Notes into cash and/or shares of Common Stock, as applicable in accordance with the provisions of Section 15.02. 
 For the avoidance of doubt, in no event will the Company’s designation of a Designated Institution pursuant to this Section 15.11 require the
Designated Institution to accept any Notes for exchange. 
 ARTICLE 16 
 REPURCHASE OF NOTES AT OPTION OF HOLDERS 
 Section 16.01 Repurchase of
Notes by the Company at Option of the Holder. 
 (a) On May 15, 2013 (“Repurchase Date”), each
holder shall have the option to require the Company to repurchase Notes for which that holder has properly delivered and not withdrawn a written Repurchase Notice (as described below) at a repurchase price in cash equal to 100% of the principal
amount of those Notes, plus accrued and unpaid interest, accrued and unpaid Contingent Interest, if any, and accrued and unpaid Additional Interest, if any, on those Notes, to, but not including, such Repurchase Date (the “Repurchase
Price”); provided that, if the Repurchase Date is on a date that is after an Interest Record Date and on or prior to the corresponding Interest Payment Date, the Repurchase Price shall be 100% of the principal amount of the Notes
repurchased but shall not include accrued and unpaid interest, Contingent Interest, if any, and Additional Interest, if any. Instead, the Company shall pay such accrued and unpaid interest, Contingent Interest, if any, and Additional Interest, if
any, on the Interest Payment Date, to the holder of Record on the corresponding Interest Record Date. Not later than twenty Business Days prior to any Repurchase Date, the Company shall mail a notice (the “Repurchase Company
Notice”) by electronic transmission or first-class mail, postage prepaid, to the Trustee, the Paying Agent and the Conversion Agent and to each holder (and to beneficial owners if required by applicable law). Simultaneously with the
providing of such notice, the Company shall also publish a notice containing the information set forth in the Repurchase Company Notice in a newspaper of general circulation in The City of New York or publish such information on the Company’s
website or through such other public medium as the Company may use at that time. The Repurchase Company Notice shall include a form of Repurchase Notice to be completed by a holder and shall state: 
 (i) the Repurchase Price; 
 (ii) the Repurchase Date; 
 (iii) the name and address of the Paying Agent and the Conversion
Agent, if applicable; 
  

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 (iv) briefly, the conversion rights, if any, that exist at the date of the Repurchase
Company Notice or as a result of the Repurchase Company Notice with respect to the Notes; 
 (v) if applicable, the applicable
Conversion Rate, any adjustments to the applicable Conversion Rate; 
 (vi) if applicable, that the Notes with respect to
which a Repurchase Notice has been delivered by a holder may be converted only if the holder withdraws the Repurchase Notice in accordance with the terms of the Indenture; 
 (vii) that the holder must exercise the repurchase right on or prior to the close of business on the Business Day immediately preceding
the Repurchase Date (the “Repurchase Expiration Time”); 
 (viii) that the Repurchase Price for any Note as
to which a Repurchase Notice has been given and not withdrawn shall be paid promptly following the later of the Business Day immediately following the Repurchase Date and the time of surrender of such Note as described in clause (xi) below;

 (ix) the procedures the holder must follow to exercise its right to require the Company to repurchase such holder’s
Notes under this Section 16.01 and a brief description of that right; 
 (x) the procedures for withdrawing a Repurchase
Notice; 
 (xi) that Notes must be surrendered to the Paying Agent (by effecting book-entry transfer of the Notes or
delivering Notes in certificated form, together with necessary endorsements, as the case may be) to collect payment; 
 (xii)
that, unless the Company defaults in making payment on Notes for which a Repurchase Notice has been submitted, interest, Contingent Interest, if any, or Additional Interest, if any, on such Notes shall cease to accrue from and after the Repurchase
Date; and 
 (xiii) the CUSIP, “ISIN” or other similar number(s), as the case may be, of the Notes. 
 At the Company’s request, the Trustee shall give such Repurchase Company Notice to each holder in the Company’s name and at the Company’s expense;
provided, however, that, in all cases, the text of such Repurchase Company Notice shall be prepared by the Company. 
 (b)
A holder may exercise its rights specified in Section 16.01(a) upon delivery to the Paying Agent of a duly completed notice of repurchase (a “Repurchase Notice”) in the form set forth on the reverse of the Notes as Annex B
during the period beginning at any time from the opening of business on the date that is 20 Business Days prior to the Repurchase Date until the Repurchase Expiration Time, stating: 
 (i) if Notes in certificated form have been issued, the certificate number(s) of the Notes which the holder shall deliver to be
repurchased or, if Notes in certificated form have not been issued for such Note, the Repurchase Notice shall comply with the appropriate Depositary procedures for book-entry transfer; 
 (ii) the portion of the principal amount of Notes to be repurchased, which must be $1,000 or an integral multiple thereof; and 

 

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 (iii) that Notes are to be repurchased by the Company pursuant to the applicable
provision of the Notes and the Indenture. 
 The delivery of such Note (together with all necessary endorsements) to the Paying Agent at any
time after delivery of the Repurchase Notice at the offices of the Paying Agent shall be a condition to receipt by the holder of the Repurchase Price therefor; provided, however, that such Repurchase Price shall be so paid pursuant to
this Section 16.01 only if the Note (together with all necessary endorsements) so delivered to the Paying Agent shall conform in all respects to the description thereof in the related Repurchase Notice. 
 The Company shall repurchase from the holder thereof, pursuant to this Section 16.01, a portion of a Note, if the principal amount of such portion
is $1,000 or an integral multiple of $1,000. Provisions of this Indenture that apply to the repurchase of all of a Note also apply to the repurchase of such portion of such Note. 
 Any repurchase by the Company contemplated pursuant to the provisions of this Section 16.01 shall be consummated by the delivery of the
consideration to be received by the holder promptly following the later of the Business Day immediately following the Repurchase Date and the time of delivery of the Note (together with all necessary endorsements or notifications of book-entry
transfer). 
 Notwithstanding anything herein to the contrary, any holder delivering to the Paying Agent the Repurchase Notice contemplated
by this Section 16.01 shall have the right to withdraw such Repurchase Notice by delivery of a written notice of withdrawal to the Paying Agent in accordance with Section 16.02 below at any time prior to the Repurchase Expiration Time.

 The Paying Agent shall promptly notify the Company of the receipt by it of any Repurchase Notice or written notice of withdrawal thereof.

 (c) Notwithstanding the foregoing, no Notes may be repurchased by the Company at the option of the holders on the
Repurchase Date if the principal amount of the Notes has been accelerated, and such acceleration has not been rescinded, on or prior to the Repurchase Date (except in the case of an acceleration resulting form a default by the Company in the payment
of the Repurchase Price with respect to such Notes). 
 (d) In connection with any repurchase, the Company shall: 

(i) comply with the provisions of Rule 13e-4, Rule 14e-1 and other tender offer rules under the Exchange Act, if required under the
Exchange Act, 
 (ii) file a Schedule TO or any successor or similar schedule, if required under the Exchange Act, and

 (iii) otherwise comply with all federal and state securities laws in connection with any offer by the Company to purchase
the Notes. 
 Section 16.02 Withdrawal of Repurchase Notice. A Repurchase Notice may be withdrawn by means of a written notice of
withdrawal delivered to the Corporate Trust Office of the Paying Agent in accordance with this Section 16.02 at any time prior to the close of business on the Business Day immediately preceding the Repurchase Date, specifying: 
 (i) the certificate number, if any, of the Note in respect of which such notice of withdrawal is being submitted, or the appropriate
Depositary information if the Note in respect of which such notice of withdrawal is being submitted is represented by a Global Note, 
 (ii) the principal amount of the Note with respect to which such notice of withdrawal is being submitted, and 
  

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 (iii) the principal amount, if any, of such Note that remains subject to the original
Repurchase Notice, which portion must be in principal amounts of $1,000 or an integral multiple of $1,000; 
 provided, however, that if the
Notes are not in certificated form, the notice must comply with appropriate procedures of the Depositary. 
 Section 16.03 Deposit of
Repurchase Price. 
 (a) The Company will deposit with the Trustee (or other Paying Agent appointed by the Company, or if
the Company is acting as its own Paying Agent, set aside, segregate and hold in trust as provided in Section 5.04) on or prior to 11:00 a.m., New York City time, on the Repurchase Date an amount of money sufficient to repurchase all of the
Notes to be repurchased at the appropriate Repurchase Price. Subject to receipt of funds and/or Notes by the Trustee (or other Paying Agent appointed by the Company), payment for Notes surrendered for repurchase (and not withdrawn prior to the
Repurchase Expiration Time) will be made promptly following the later of (i) the Repurchase Date with respect to such Note (provided the holder has satisfied the conditions in Section 16.01) and (ii) the time of book-entry transfer or
the delivery of such Note to the Trustee (or other Paying Agent appointed by the Company) by the holder thereof in the manner required by Section 16.01 by mailing checks for the amount payable to the holders of such Notes entitled thereto as
they shall appear in the Note Register, provided, however, that payments to the Depositary shall be made by wire transfer of immediately available funds to the account of the Depositary or its nominee. The Trustee shall, promptly after
such payment and upon written demand by the Company, return to the Company any funds in excess of the Repurchase Price. 
 (b)
If by 11:00 a.m., New York City time, on the Repurchase Date, the Trustee (or other Paying Agent appointed by the Company) holds money sufficient to make payment on all the Notes or portions thereof that are to be repurchased pursuant to
Section 16.01, then (i) such Notes will cease to be outstanding, (ii) interest, including Contingent Interest, if any, and Additional Interest, if any, will cease to accrue on such Notes, and (iii) all other rights of the holders
of such Notes will terminate (other than the right to receive the Repurchase Price, and previously accrued but unpaid interest, including Contingent Interest, if any, and Additional Interest, if any, upon delivery of the Notes), whether or not
book-entry transfer of the Notes has been made or the Notes have been delivered to the Trustee or Paying Agent. 
 (c) Upon
surrender of a Note that is to be repurchased in part pursuant to Section 16.01, the Company shall execute and the Trustee shall authenticate and deliver to the holder a new Note in an authorized denomination equal in principal amount to the
unrepurchased portion of the Note surrendered. 
 Section 16.04 Repurchase at Option of Holders upon a Fundamental Change. 

(a) If there shall occur a Fundamental Change at any time prior to the Maturity Date, then each Noteholder shall have the right, at
such holder’s option, to require the Company to repurchase for cash all of such holder’s Notes, or any portion thereof that is an integral multiple of $1,000 principal amount, on the date (the “Fundamental Change Repurchase
Date”) specified by the Company that is not less than twenty Business Days and not more than forty-five Business Days after the date of the Fundamental Change Company Notice (as defined below) at a repurchase price equal to 100% of the
principal amount thereof, together with accrued and unpaid interest, including accrued and unpaid Contingent Interest, if any, and accrued and unpaid Additional Interest, if any, thereon to, but excluding, the Fundamental Change Repurchase Date (the
“Fundamental Change Repurchase Price”), unless the Fundamental Change Repurchase Date is after an Interest Record Date and on or prior to the related Interest Payment Date, in which case interest accrued to the Interest Payment Date
will be paid to holders of the Notes as of such Interest Record Date and the Fundamental Change Repurchase Price payable to the holder surrendering the Note for repurchase pursuant to this Section 16.04 shall be equal to 100% of the principal
amount of the Notes subject to repurchase. Repurchases of Notes under this Section 16.04 shall be made, at the option of the holder thereof, upon: 
 (i) delivery to the Paying Agent by a holder of a duly completed notice (the “Fundamental Change Repurchase Notice”) in the form set forth on the reverse of the Note as Annex C thereto on or prior to
the Business Day immediately preceding the Fundamental Change Repurchase Date; and 
  

 64 

 (ii) delivery or book-entry transfer of the Notes to the Paying Agent at any time after
delivery of the Fundamental Change Repurchase Notice (together with all necessary endorsements) at the Corporate Trust Office of the Paying Agent in The Borough of Manhattan, such delivery being a condition to receipt by the holder of the
Fundamental Change Repurchase Price therefor; provided that, such Fundamental Change Repurchase Price shall be so paid pursuant to this Section 16.04 only if the Note so delivered to the Paying Agent shall conform in all respects to the
description thereof in the related Fundamental Change Repurchase Notice. 
 The Fundamental Change Repurchase Notice shall
state: 
 (A) if certificated, the certificate numbers of Notes to be delivered for repurchase or the appropriate Depository
information if the Note in respect of which such notice of withdrawal is being submitted is represented by a Global Note; 
 (B) the portion of the principal amount of Notes to be repurchased, which must be $1,000 or an integral multiple thereof; and 
 (C) that the Notes are to be repurchased by the Company pursuant to the applicable provisions of the Notes and the Indenture; 
 provided, however, that if the Notes are not in certificated form, the Fundamental Change Repurchase Notice must comply with appropriate Depositary procedures. 
 Any repurchase by the Company contemplated pursuant to the provisions of this Section 16.04 shall be consummated by the payment of the Fundamental
Change Repurchase Price promptly following the later of the Fundamental Change Repurchase Date and the time of the book-entry transfer or delivery of the Note as described in Section 16.06(a). 
 Notwithstanding anything herein to the contrary, any holder delivering to the Paying Agent the Fundamental Change Repurchase Notice contemplated by this
Section 16.04 shall have the right to withdraw, in whole or in part, such Fundamental Change Repurchase Notice at any time prior to the close of business on the Business Day immediately preceding the Fundamental Change Repurchase Date by
delivery of a written notice of withdrawal to the Paying Agent in accordance with Section 16.05 below. 
 The Paying Agent shall
promptly notify the Company of the receipt by it of any Fundamental Change Repurchase Notice or written notice of withdrawal thereof. 
 (b) On or before the twentieth day after the occurrence of the effective date of a Fundamental Change, the Company shall send or caused to be sent by electronic transmission or by first-class mail, postage prepaid, to
all holders of record of the Notes (and to beneficial owners if required by applicable law) a notice (the “Fundamental Change Company Notice”) of the occurrence of the effective date of the Fundamental Change and of the repurchase
right at the option of the holders arising as a result thereof. The Company shall also deliver a copy of the Fundamental Change Company Notice to the Trustee, the Paying Agent and the Conversion Agent within five Business Days after the effective
date of the Fundamental Change. Simultaneously with the providing of such notice, the Company shall also publish a notice containing the information set forth in the Fundamental Change Company Notice in a newspaper of general circulation in The City
of New York or publish such information on the Company’s website or through such other public medium as the Company may use at that time. Each Fundamental Change Company Notice shall specify: 
 (i) the events causing the Fundamental Change; 
 (ii) the effective date of the Fundamental Change; 
  

 65 

 (iii) the last date on which a holder may exercise the repurchase right pursuant to this
Section 16.04; 
 (iv) the Fundamental Change Repurchase Price; 
 (v) the Fundamental Change Repurchase Date; 
 (vi) the name and address of the Paying Agent and the Conversion Agent, if applicable; 
 (vii) if applicable, the applicable Conversion Rate, any adjustments to the applicable Conversion Rate; 
 (viii) if
applicable, that the Notes with respect to which a Fundamental Change Repurchase Notice has been delivered by a holder may be converted only if the holder withdraws the Fundamental Change Repurchase Notice in accordance with the terms of the
Indenture; 
 (ix) that the holder must exercise the repurchase right on or prior to the close of business on the Business Day
immediately preceding the Fundamental Change Repurchase Date (the “Fundamental Change Expiration Time”); 
 (x) that the holder shall have the right to withdraw any Notes surrendered prior to the Fundamental Change Expiration Time; and 
 (xi) the procedures that holders must follow to require the Company to repurchase their Notes. 
 No failure of the Company
to give the foregoing notices and no defect therein shall limit the Noteholders’ repurchase rights or affect the validity of the proceedings for the repurchase of the Notes pursuant to this Section 16.04. 
 (c) Notwithstanding the foregoing, no Notes may be repurchased by the Company at the option of the holders upon a Fundamental Change if
the principal amount of the Notes has been accelerated, and such acceleration has not been rescinded, on or prior to the Fundamental Change Repurchase Date (except in the case of an acceleration resulting from a default by the Company in the payment
of the Fundamental Change Repurchase Price with respect to such Notes). 
 (d) In connection with any purchase offer, the
Company shall: 
 (i) comply with the provisions of Rule 13e-4, Rule 14e-1 and any other tender offer rules under the Exchange
Act, if required under the Exchange Act, 
 (ii) file a Schedule TO or any successor or similar schedule, if required under
the Exchange Act, and 
 (iii) otherwise comply with all federal and state securities laws in connection with any offer by the
Company to purchase the Notes. 
 Section 16.05 Withdrawal of Fundamental Change Repurchase Notice . 
 (a) A Fundamental Change Repurchase Notice may be withdrawn by means of a written notice of withdrawal delivered to the Corporate Trust
Office of the Paying Agent in accordance with this Section 16.05 at any time prior to the close of business on the Business Day immediately preceding the Fundamental Change Repurchase Date, specifying: 
 (i) the certificate number, if any, of the Note in respect of which such notice of withdrawal is being submitted, or the appropriate
Depositary information if the Note in respect of which such notice of withdrawal is being submitted is represented by a Global Note, 
  

 66 

 (ii) the principal amount of the Note with respect to which such notice of withdrawal is
being submitted, and 
 (iii) the principal amount, if any, of such Note that remains subject to the original Fundamental
Change Repurchase Notice, which portion must be in principal amounts of $1,000 or an integral multiple of $1,000; 
 provided, however, that if
the Notes are not in certificated form, the notice must comply with appropriate procedures of the Depositary. 
 Section 16.06 Deposit of
Fundamental Change Repurchase Price. 
 (a) The Company will deposit with the Trustee (or other Paying Agent appointed by
the Company, or if the Company is acting as its own Paying Agent, set aside, segregate and hold in trust as provided in Section 5.04) on or prior to 11:00 a.m., New York City time, on the Fundamental Change Repurchase Date an amount of money
sufficient to repurchase all of the Notes to be repurchased at the appropriate Fundamental Change Repurchase Price. Subject to receipt of funds and/or Notes by the Trustee (or other Paying Agent appointed by the Company), payment for Notes
surrendered for repurchase (and not withdrawn prior to the Fundamental Change Expiration Time) will be made promptly following the later of (i) the Fundamental Change Repurchase Date with respect to such Note (provided the holder has satisfied
the conditions in Section 16.04) and (ii) the time of book-entry transfer or the delivery of such Note to the Trustee (or other Paying Agent appointed by the Company) by the holder thereof in the manner required by Section 16.04 by
mailing checks for the amount payable to the holders of such Notes entitled thereto as they shall appear in the Note Register, provided, however, that payments to the Depositary shall be made by wire transfer of immediately available
funds to the account of the Depositary or its nominee. The Trustee shall, promptly after such payment and upon written demand by the Company, return to the Company any funds in excess of the Fundamental Change Repurchase Price. 
 (b) If by 11:00 a.m., New York City time, on the Fundamental Change Repurchase Date, the Trustee (or other Paying Agent appointed by the
Company) holds money sufficient to make payment on all the Notes or portions thereof that are to be repurchased as a result of the corresponding Fundamental Change, then (i) such Notes will cease to be outstanding, (ii) interest, including
Contingent Interest, if any, and Additional Interest, if any, will cease to accrue on such Notes, and (iii) all other rights of the holders of such Notes will terminate (other than the right to receive the Fundamental Change Repurchase Price,
and previously accrued but unpaid interest, including Contingent Interest, if any, and Additional Interest, if any, upon delivery of the Notes), whether or not book-entry transfer of the Notes has been made or the Notes have been delivered to the
Trustee or Paying Agent. 
 (c) Upon surrender of a Note that is to be repurchased in part pursuant to 16.04, the Company
shall execute and the Trustee shall authenticate and deliver to the holder a new Note in an authorized denomination equal in principal amount to the unrepurchased portion of the Note surrendered. 
 ARTICLE 17 
 TAX TREATMENT

 Section 17.01 Contingent Debt Tax Treatment. 
 (a) The Company and each Noteholder, by acquiring a beneficial interest in a Note, agree (except to the extent otherwise required by final
administrative or judicial determination to the contrary) (i) to treat the Note as indebtedness for U.S. federal income tax purposes that is subject to Treasury regulations Section 1.1275-4 or any successor thereto (the “Contingent
Debt Regulations”), (ii) that each Noteholder shall be bound by the Company’s application of the Contingent Debt Regulations to the Note, including the Company’s determination of 

  

 67 

 
the “comparable yield” and “projected payment schedule” within the meaning of the Contingent Debt Regulations, (iii) to treat the
cash and the fair market value of any Common Stock received upon the conversion of the Note as a contingent payment for purposes of the Contingent Debt Regulations, (iv) to accrue interest with respect to the outstanding Note as Tax Original
Issue Discount according to the “noncontingent bond method” set forth in the Contingent Debt Regulations, using the comparable yield of 9.00% compounded semi-annually and (v) that the Company and each Noteholder will not take any
position on any U.S. federal income tax return that is inconsistent with (i), (ii), (iii) or (iv) unless required by final administrative or judicial determination to the contrary. A Noteholder may obtain the issue price, the amount of Tax
Original Issue Discount, issue date, yield to maturity, comparable yield and projected payment schedule for the Notes, as determined by the Company pursuant to the Contingent Debt Regulations, by submitting a written request to the Company at the
following address: 44201 Nobel Drive, Fremont, California 94538 Attention: Chief Financial Officer. 
 (b) Each Note
shall bear a legend relating to U.S. federal income tax matters in the form set forth in Exhibit B. 
 Section 17.02 Calculation of
Tax Original Issue Discount. The Company shall file with the Trustee promptly at the end of each calendar year (i) a written notice specifying the amount of Tax Original Issue Discount (including daily rates and accrual periods) accrued on
outstanding Notes as of the end of such year and (ii) such other specific information relating to such Tax Original Issue Discount as may then be required under the Code or the Treasury regulations promulgated thereunder. 
 ARTICLE 18 
 MISCELLANEOUS
PROVISIONS 
 Section 18.01 Provisions Binding on Company’s Successors. All the covenants, stipulations, promises and
agreements of the Company contained in this Indenture shall bind its successors and assigns whether so expressed or not. 
 Section 18.02
Official Acts by Successor Corporation. Any act or proceeding by any provision of this Indenture authorized or required to be done or performed by any board, committee or officer of the Company shall and may be done and performed with like
force and effect by the like board, committee or officer of any corporation or other entity that shall at the time be the lawful sole successor of the Company. 
 Section 18.03 Addresses for Notices, Etc. Any notice or demand that by any provision of this Indenture is required or permitted to be given or served by the Trustee or by the Noteholders on the Company shall be
deemed to have been sufficiently given or made, for all purposes if given or served by being deposited postage prepaid by registered or certified mail in a post office letter box addressed (until another address is filed by the Company with the
Trustee) to SYNNEX Corporation, 44201 Nobel Drive, Fremont, California 94538, Attention: General Counsel. Any notice, direction, request or demand hereunder to or upon the Trustee shall be deemed to have been sufficiently given or made, for all
purposes, if given or served by a facsimile transmission or being deposited postage prepaid by registered or certified mail in a post office letter box addressed to the Corporate Trust Office. 
 The Trustee, by notice to the Company, may designate additional or different addresses for subsequent notices or communications. 
 Any notice or communication mailed to a Noteholder shall be mailed to it by first class mail, postage prepaid, at its address as it appears on the Note
Register and shall be sufficiently given to it if so mailed within the time prescribed. 
 Failure to mail a notice or communication to a
Noteholder or any defect in it shall not affect its sufficiency with respect to other Noteholders. If a notice or communication is mailed in the manner provided above, it is duly given, whether or not the addressee receives it. 
  

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 In case by reason of the suspension of regular mail service or by reason of any other cause it shall be
impracticable to give such notice to holders by mail, then such notification as shall be made with the approval of the Trustee shall constitute a sufficient notification for every purpose hereunder. 
 Section 18.04 Governing Law. THE INTERNAL LAWS OF THE STATE OF NEW YORK SHALL GOVERN AND BE USED TO CONSTRUE THIS INDENTURE AND THE NOTES,
INCLUDING WITHOUT LIMITATION, SECTIONS 5-1401 AND 5-1402 OF THE NEW YORK GENERAL OBLIGATIONS LAW AND NEW YORK CIVIL PRACTICE LAWS AND RULES 327(B). 
 Section 18.05 Evidence of Compliance with Conditions Precedent; Certificates and Opinions of Counsel to Trustee. Upon any application or demand by the Company to the Trustee to take any action under any of the provisions of this
Indenture, other than in connection with the actions referred to in Section 2.05, the Company shall furnish to the Trustee an Officers’ Certificate stating that such action is permitted by the terms of this Indenture. 
 Each certificate provided for by or on behalf of the Company in this Indenture and delivered to the Trustee with respect to compliance with this
Indenture (other than the Officers’ Certificates provided for in Section 5.08) shall include (a) a statement that the Person making such certificate is familiar with the requested action and this Indenture; (b) a brief statement
as to the nature and scope of the examination or investigation upon which the statement contained in such certificate is based; (c) a statement that, in the judgment of such person, he or she has made such examination or investigation as is
necessary to enable him or her to express an informed judgment as to whether or not such action is permitted by this Indenture; and (d) a statement as to whether or not, in the judgment of such Person, such action is permitted by this
Indenture. 
 Notwithstanding anything to the contrary in this Section 18.05, if any provision in this Indenture specifically provides
that the Trustee shall or may receive an Opinion of Counsel in connection with any action to be taken by the Trustee or the Company hereunder, the Trustee shall receive such Opinion of Counsel. 
 Section 18.06 Legal Holidays. In any case where any Interest Payment Date, Redemption Date, Repurchase Date, Fundamental Change Repurchase Date,
Conversion Date or Maturity Date is not be a Business Day, then any action to be taken on such date need not be taken on such date, but may be taken on the next succeeding Business Day with the same force and effect as if taken on such date, and no
interest shall accrue for the period from and after such date. 
 Section 18.07 No Security Interest Created. Nothing in this
Indenture or in the Notes, expressed or implied, shall be construed to constitute a security interest under the Uniform Commercial Code or similar legislation, as now or hereafter enacted and in effect, in any jurisdiction. 
 Section 18.08 Trust Indenture Act. This Indenture is hereby made subject to, and shall be governed by, the provisions of the Trust Indenture Act
required to be part of and to govern indentures qualified under the Trust Indenture Act upon such qualification; provided that, this Section 18.08 shall not require that this Indenture or the Trustee be qualified under the Trust
Indenture Act prior to the time such qualification is in fact required under the terms of the Trust Indenture Act, nor shall it constitute any admission or acknowledgment by any party hereto that any such qualification is required prior to the time
such qualification is in fact required under the terms of the Trust Indenture Act. If any provision hereof limits, qualifies or conflicts with another provision hereof that is required to be included in an indenture qualified under the Trust
Indenture Act, such required provision shall control. 
 Section 18.09 Benefits of Indenture. Nothing in this Indenture or in the
Notes, expressed or implied, shall give to any Person, other than the parties hereto, any Paying Agent, any Conversion Agent, any authenticating agent, any Note Registrar and their successors hereunder or the Noteholders, any benefit or any legal or
equitable right, remedy or claim under this Indenture. 
 Section 18.10 Table of Contents, Headings, Etc. The table of contents and
the titles 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.

  

 69 

 Section 18.11 Authenticating Agent. The Trustee may appoint an authenticating agent that shall be
authorized to act on its behalf and subject to its direction in the authentication and delivery of Notes in connection with the original issuance thereof and transfers and exchanges of Notes hereunder, including under Section 2.05,
Section 2.06, Section 2.07, Section 2.08, Section 3.06, Section 11.04, Section 15.02, Section 16.03 and Section 16.06 as fully to all intents and purposes as though the authenticating agent had been expressly
authorized by this Indenture and those Sections to authenticate and deliver Notes. For all purposes of this Indenture, the authentication and delivery of Notes by the authenticating agent shall be deemed to be authentication and delivery of such
Notes “by the Trustee” and a certificate of authentication executed on behalf of the Trustee by an authenticating agent shall be deemed to satisfy any requirement hereunder or in the Notes for the Trustee’s certificate of
authentication. Such authenticating agent shall at all times be a Person eligible to serve as trustee hereunder pursuant to Section 8.09. 
 Any corporation or other entity into which any authenticating agent may be merged or converted or with which it may be consolidated, or any corporation or other entity resulting from any merger, consolidation or conversion to which any
authenticating agent shall be a party, or any corporation or other entity succeeding to all or substantially all of the corporate trust business of any authenticating agent, shall be the successor of the authenticating agent hereunder, if such
successor corporation or other entity is otherwise eligible under this Section 18.11, without the execution or filing of any paper or any further act on the part of the parties hereto or the authenticating agent or such successor corporation or
other entity. 
 Any authenticating agent may at any time resign by giving written notice of resignation to the Trustee and to the Company.
The Trustee may at any time terminate the agency of any authenticating agent by giving written notice of termination to such authenticating agent and to the Company. Upon receiving such a notice of resignation or upon such a termination, or in case
at any time any authenticating agent shall cease to be eligible under this Section, the Trustee may appoint a successor authenticating agent (which may be the Trustee), shall give written notice of such appointment to the Company and shall mail
notice of such appointment to all Noteholders as the names and addresses of such holders appear on the Note Register. 
 The Company agrees
to pay to the authenticating agent from time to time reasonable compensation for its services although the Company may terminate the authenticating agent, if it determines such agent’s fees to be unreasonable. 
 The provisions of Section 8.02, Section 8.03, Section 8.04, Section 9.03 and this Section 18.11 shall be applicable to any
authenticating agent. 
 If an authenticating agent is appointed pursuant to this Section 18.11, the Notes may have endorsed thereon, in
addition to the Trustee’s certificate of authentication, an alternative certificate of authentication in the following form: 
 _______________________________________, 
 as Authenticating Agent, certifies that this is one of the Notes 
 described in the within-named Indenture. 
 By: ___________________________________ 
 Authorized Signatory 
 Section 18.12 Execution in Counterparts. This Indenture may be executed in any number of counterparts, each of which shall be an original, but
such counterparts shall together constitute but one and the same instrument. 
 Section 18.13 Severability. In the event any provision
of this Indenture or in the Notes shall be invalid, illegal or unenforceable, then (to the extent permitted by law) the validity, legality or enforceability of the remaining provisions shall not in any way be affected or impaired. 
 Section 18.14 Waiver of Jury Trial. EACH OF THE COMPANY AND THE TRUSTEE HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE
LAW, ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF OR RELATING TO THIS INDENTURE, THE NOTES OR THE TRANSACTION CONTEMPLATED HEREBY. 
  

 70 

 Section 18.15 Force Majeure. In no event shall the Trustee be responsible or liable for any
failure or delay in the performance of its obligations hereunder arising out of or caused by, directly or indirectly, forces beyond its control, including, without limitation, strikes, work stoppages, accidents, acts of war or terrorism, civil or
military disturbances, nuclear or natural catastrophes or acts of God, and interruptions, loss or malfunctions of utilities, communications or computer (software and hardware) services; it being understood that the Trustee shall use reasonable
efforts that are consistent with accepted practices in the banking industry to resume performance as soon as practicable under the circumstances. 
 Section 18.16 Calculations in Respect of the Notes. 
 The Company and its agents shall make all calculations under this
Indenture and the Notes (including, without limitation, the Last Reported Sale Price, accrued interest payable and the Conversion Rate) in good faith. In the absence of manifest error, such calculations shall be final and binding on all holders. The
Company shall provide a copy of such calculations to the Trustee and the Conversion Agent as required hereunder, and both of the Trustee and Conversion Agent shall be entitled to rely conclusively on the accuracy of any such calculation without
independent verification. The Trustee shall forward the Company’s calculations to any Noteholder upon the written request of that Noteholder. 
  

 71 

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

			
	SYNNEX CORPORATION
		
	By:	 	/s/ Simon Y. Leung
		 	Name: Simon Y. Leung
		 	Title: General Corporate and Corporate Secretary
	
	U.S. BANK NATIONAL ASSOCIATION, as Trustee
		
	By:	 	/s/ William G. Keenan
		 	Name: William G. Keenan
		 	Title:  Vice President

 EXHIBIT A 
 [FORM OF FACE OF NOTE] 
 [UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY
TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE COMPANY OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS
REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR
TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.] 
 THIS SECURITY AND THE COMMON STOCK, IF
ANY, ISSUABLE UPON CONVERSION OF THIS SECURITY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND MAY NOT BE OFFERED, SOLD, PLEDGED OR OTHERWISE TRANSFERRED EXCEPT IN ACCORDANCE WITH THE
FOLLOWING SENTENCE. BY ITS ACQUISITION HEREOF OR OF A BENEFICIAL INTEREST HEREIN, THE ACQUIRER: 
 (1) REPRESENTS THAT IT AND ANY ACCOUNT FOR
WHICH IT IS ACTING IS A “QUALIFIED INSTITUTIONAL BUYER” (WITHIN THE MEANING OF RULE 144A UNDER THE SECURITIES ACT) AND THAT IT EXERCISES SOLE INVESTMENT DISCRETION WITH RESPECT TO EACH SUCH ACCOUNT, AND 
 (2) AGREES FOR THE BENEFIT OF THE COMPANY THAT IT WILL NOT OFFER, SELL, PLEDGE OR OTHERWISE TRANSFER THIS SECURITY OR ANY BENEFICIAL INTEREST HEREIN PRIOR
TO THE DATE THAT IS THE LATER OF (X) ONE YEAR AFTER THE LAST ORIGINAL ISSUE DATE HEREOF OR SUCH SHORTER PERIOD OF TIME AS PERMITTED BY RULE 144 UNDER THE SECURITIES ACT OR ANY SUCCESSOR PROVISION THEREUNDER, AND (Y) SUCH LATER DATE, IF
ANY, AS MAY BE REQUIRED BY APPLICABLE LAW, EXCEPT: 
 (A) TO SYNNEX CORPORATION (THE “COMPANY”) OR ANY SUBSIDIARY THEREOF, OR

 (B) PURSUANT TO A REGISTRATION STATEMENT WHICH HAS BECOME EFFECTIVE UNDER THE SECURITIES ACT, OR 
 (C) TO A QUALIFIED INSTITUTIONAL BUYER IN COMPLIANCE WITH RULE 144A UNDER THE SECURITIES ACT, OR 
 (D) PURSUANT TO AN EXEMPTION FROM REGISTRATION PROVIDED BY RULE 144 UNDER THE SECURITIES ACT OR ANY OTHER AVAILABLE EXEMPTION FROM THE REGISTRATION
REQUIREMENTS OF THE SECURITIES ACT. 
 PRIOR TO THE REGISTRATION OF ANY TRANSFER IN ACCORDANCE WITH (2)(D) ABOVE, THE COMPANY AND THE TRUSTEE RESERVE
THE RIGHT TO REQUIRE THE DELIVERY OF SUCH LEGAL OPINIONS, CERTIFICATIONS OR OTHER EVIDENCE AS MAY REASONABLY BE REQUIRED IN ORDER TO DETERMINE THAT THE PROPOSED TRANSFER IS BEING MADE IN COMPLIANCE WITH THE SECURITIES ACT AND APPLICABLE STATE
SECURITIES LAWS. NO REPRESENTATION IS MADE AS TO THE AVAILABILITY OF ANY EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT. 
 [INSERT TAX
LEGEND (SEE EXHIBIT B)] 
  

 A-1 

 SYNNEX CORPORATION 
 4.0% Convertible Senior Note due 2018 
  

					
	 No. [•]
	  	$	[	•]
		
	 CUSIP No. [•]
	  			

 SYNNEX Corporation, a Delaware corporation (the “Company”), for value received,
hereby promises to pay to Cede & Co., or its registered assigns, the principal sum of                      dollars
($     ) on May 15, 2018 and to pay interest thereon, as provided on the reverse hereof, until the principal and any unpaid and accrued interest are paid or duly provided for. 
 Interest Payment Dates: May 15 and November 15, with the first payment to be made on November 15, 2008. 
 Record Dates: May 1 and November 1. 
 The provisions on the back of this certificate are incorporated as if set forth on the face hereof. 
  

 A-2 

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

			
	SYNNEX CORPORATION
		
	By:	 	 
		 	Name:
		 	Title:

 Dated: 
  

			
	TRUSTEE’S CERTIFICATE OF AUTHENTICATION U.S. BANK NATIONAL ASSOCIATION
	as Trustee, certifies that this is one of the Notes described in the within-named Indenture.
		
	By:	 	 
		 	Authorized Signatory

  

 A-3 

 [FORM OF REVERSE OF NOTE] 
 SYNNEX CORPORATION 
 4.0% Convertible Senior Note due 2018 
 1. Interest. This Note shall bear interest at the rate of 4.0% per year (subject to increase pursuant to the Indenture (as defined below))
from May 12, 2008, or from the most recent date to which interest had been paid or provided for to, but excluding, the next scheduled Interest Payment Date until May 15, 2018. Interest is payable semi-annually in arrears on each
May 15 and November 15, commencing November 15, 2008, to holders of record at the close of business on the preceding May 1 and November 1 (whether or not such day is a Business Day), respectively. Interest will be computed
on the basis of a 360-day year of twelve 30-day months. The Company also will pay Additional Interest as provided for, and under the circumstances specified in, Section 5.10 and Section 7.01 of the Indenture and will pay Contingent
Interest as provided for, and under the circumstances specified in, Article 14 of the Indenture 
 2. Maturity. The Notes will mature
on May 15, 2018. 
 3. Method of Payment. Payment of the principal of and premium (including the Redemption Price, the Repurchase
Price and the Fundamental Change Repurchase Price), if any, and accrued and unpaid interest and Contingent Interest, if any, and Additional Interest, if any, on this Note shall be made in such lawful money of the United States of America as at the
time of payment shall be legal tender for the payment of public and private debts. Subject to the terms and conditions of the Indenture, payment in respect of the Redemption Price, the Repurchase Price, the Fundamental Change Repurchase Price and
the principal amount on the Maturity Date, as the case may be, will be made to the holder who surrenders a Note to a Paying Agent to collect such payments in respect of the Note. If a payment date falls on a date that is not a Business Day, payment
shall be postponed until the next succeeding Business Day, and no interest or other amount shall be paid as a result of any such postponement. 
 4. Paying Agent, Registrar, Conversion Agent. Initially, U.S. Bank National Association (the “Trustee”) will act as Paying Agent, Note Registrar and Conversion Agent. The Company may change any Paying Agent, Note
Registrar or Conversion Agent without notice. 
 5. Indenture. The Company issued the Notes under an Indenture dated as of
May 12, 2008 (the “Indenture”) between the Company and the Trustee. The terms of the Notes include those stated in the Indenture and those made part of the Indenture by reference to the Trust Indenture Act of 1939 (15 U.S. Code
§§ 77aaa-77bbbb) (the “Trust Indenture Act”) as amended and in effect from time to time. The Notes are subject to all such terms, and holders are referred to the Indenture and the TIA for a statement of such terms. In the
case of any conflict between the provisions of this Note and the Indenture, the provisions of the Indenture shall control. The Notes are general unsecured senior subordinate obligations of the Company limited to $125,000,000 aggregate principal
amount ($143,750,000 if the Initial Purchasers have elected to exercise their option in full as set forth in the Purchase Agreement), except as otherwise provided in the Indenture (except for Notes issued in substitution for destroyed, mutilated,
lost or stolen Notes). Terms used herein without definition and which are defined in the Indenture have the meanings assigned to them in the Indenture. 
 6. Optional Redemption. Prior to May 20, 2013, the Notes shall not be redeemable at the Company’s option. On or after May 20, 2013, the Company, at its option, may redeem the Notes for
cash at any time, in whole or in part, at a redemption price (the “Redemption Price”) equal to 100% of the principal amount of the Notes redeemed, plus any accrued and unpaid interest, accrued and unpaid Contingent Interest, if any, and
accrued and unpaid Additional Interest, if any, on the Notes redeemed up to, but not including, the Redemption Date; provided, however, that, in no event shall a Redemption Date be a Legal Holiday; provided, further,
that, if the Redemption Date is on a date that is after an Interest Record Date and on or prior to the corresponding Interest Payment Date, the Redemption Price shall be 100% of the principal amount of the Notes redeemed but shall not include
accrued and unpaid interest, accrued and unpaid Contingent Interest, if any, and Additional Interest, if any. Instead, the Company shall pay such interest, Contingent Interest, if any, and Additional Interest, if any, on the Interest Payment Date to
the holder of record on the corresponding Interest Record Date. Notwithstanding the foregoing, no Notes may be redeemed by the Company if the principal amount of the Notes has been accelerated and such acceleration has not been rescinded on or prior
to the Redemption Date (except in the case of an acceleration resulting from a default by the Company in the payment of the Redemption Price with respect to such Notes). 
  

 A-4 

 7. Notice of Redemption. Notice of Redemption will be sent by electronic transmission or by
first-class mail, postage prepaid, at least thirty (30) days but not more than sixty (60) days before the Redemption Date to each holder of Notes to be redeemed at its address appearing in the Note Register. Notes in denominations larger
than $1,000 principal amount may be redeemed in part but only in integral multiples of $1,000 principal amount. 
 8. Purchase by the
Company at the Option of the Holder. Subject to the terms and conditions of the Indenture, on May 15, 2013 (“Repurchase Date”), each holder shall have the option to require the Company to repurchase Notes for which that
holder has properly delivered and not withdrawn a written Repurchase Notice (in the form set forth below as Annex B) at a repurchase price in cash equal to 100% of the principal amount of those Notes, plus accrued and unpaid interest, accrued and
unpaid Contingent Interest, if any, and accrued and unpaid Additional Interest, if any, on those Notes, to, but not including, such Repurchase Date (the “Repurchase Price”); provided that, if the Repurchase Date is on a date
that is after an Interest Record Date and on or prior to the corresponding Interest Payment Date, the Repurchase Price shall be 100% of the principal amount of the Notes repurchased but shall not include accrued and unpaid interest, Contingent
Interest, if any, and Additional Interest, if any. Instead, the Company shall pay such accrued and unpaid interest, Contingent Interest, if any, and Additional Interest, if any, on the Interest Payment Date, to the holder of Record on the
corresponding Interest Record Date. 
 9. Repurchase at Option of Holder Upon a Fundamental Change. Subject to the terms and
conditions of the Indenture, if there shall occur a Fundamental Change at any time prior to the Maturity Date, then each Noteholder shall have the right, at such holder’s option, to require the Company to repurchase for cash all of such
holder’s Notes, or any portion thereof that is an integral multiple of $1,000 principal amount, on the date (the “Fundamental Change Repurchase Date”) specified by the Company that is not less than twenty Business Days and not
more than forty-five Business Days after the date of the Fundamental Change Company Notice at a repurchase price equal to 100% of the principal amount thereof, together with accrued and unpaid interest, including accrued and unpaid Contingent
Interest, if any, and accrued and unpaid Additional Interest, if any, thereon to, but excluding, the Fundamental Change Repurchase Date (the “Fundamental Change Repurchase Price”), unless the Fundamental Change Repurchase Date is
after an Interest Record Date and on or prior to the related Interest Payment Date, in which case interest accrued to the Interest Payment Date will be paid to holders of the Notes as of such Interest Record Date and the Fundamental Change
Repurchase Price payable to the holder surrendering the Note for repurchase pursuant to this paragraph 9 shall be equal to 100% the principal amount of the Notes subject to repurchase. 
 10. Conversion. Subject to the provisions of the Indenture, the holder hereof has the right, at its option, during certain periods and upon the
occurrence of certain conditions specified in the Indenture, prior to the close of business on the Business Day immediately preceding the Maturity Date, to convert any Notes or portion thereof that is $1,000 or an integral multiple thereof at the
applicable Conversion Rate specified in the Indenture. Upon conversion of a Note, the Company will satisfy its conversion obligation by paying or delivering, as the case may be, cash, shares of Common Stock or a combination of cash and shares of
Common Stock, in accordance with the terms of the Indenture. 
 The initial Conversion Rate is 33.9945 shares of Common Stock per $1,000
principal amount of Notes (which results in an effective initial Conversion Price of approximately $29.42 per share) subject to adjustment in the event of certain circumstances as specified in the Indenture, including upon the occurrence of a
Make-Whole Fundamental Change. The Company will deliver cash in lieu of any fractional share. 
 A Note in respect of which a holder had
delivered a Fundamental Change Purchase Notice or a Repurchase Notice exercising the option of such holder to require the Company to purchase such Note may be converted only if the Fundamental Change Purchase Notice or Repurchase Notice, as the case
may be, is withdrawn in accordance with the terms of the Indenture. 
 11. Denominations, Transfer, Exchange. The Notes are in
registered form, without coupons, in denominations of $1,000 principal amount and integral multiples of $1,000 principal amount. The transfer of Notes may be registered and Notes may be exchanged as provided in the Indenture. All Notes presented or
surrendered for 

  

 A-5 

 
registration of transfer or for exchange, redemption, repurchase or conversion shall (if so required by the Company, the Trustee, the Note Registrar or any
co-registrar) be duly endorsed or be accompanied by a written instrument or instruments of transfer in form satisfactory to the Company and duly executed, by the Noteholder thereof or its attorney-in-fact duly authorized in writing. No service
charge shall be made for any such registration of transfer or exchange, but the Company and the Trustee may require payment of a sum sufficient to cover any tax or similar governmental charge that may be imposed in connection with certain transfers
or exchanges. None of the Company, the Trustee, the Note Registrar or any co-registrar shall be required to exchange or register a transfer of (i) any Notes surrendered for conversion or, if a portion of any Note is surrendered for conversion,
such portion thereof surrendered for conversion, (ii) any Note selected for redemption or, if a portion of any Note is selected for redemption, such portion thereof selected for redemption or (ii) any Notes, or a portion of any Note,
surrendered for repurchase (and not withdrawn) in accordance with Article 16 of the Indenture. 
 12. Persons Deemed Owners. The
registered holder of a Note may be treated as the owner of such Note for all purposes. 
 13. Merger or Consolidation. Except as
provided in the Indenture, the Company shall not consolidate with, or merge with or into, or sell, convey, transfer, lease its properties and assets substantially as an entirety to another Person, unless (i) the resulting, surviving or
transferee Person (the “Successor Company”), if not the Company, shall be a corporation organized and existing under the laws of the United States of America, any State thereof or the District of Columbia, and the Successor Company
(if not the Company) shall expressly assume, by supplemental indenture, executed and delivered to the Trustee, in form satisfactory to the Trustee, all the obligations of the Company under the Notes, this Indenture; and (ii) immediately after
giving effect to such transaction, no Default or Event of Default shall have occurred and be continuing under the Indenture. 
 14.
Amendments, Supplements and Waivers. Subject to certain exceptions, the Indenture or the Notes may be amended or supplemented with the consent of the holders of at least a majority in aggregate principal amount of the outstanding Notes, and
certain existing Defaults or Events of Default may be waived with the consent of the holders of a majority in aggregate principal amount of the Notes then outstanding. In accordance with the terms of the Indenture, the Company, with the consent of
the Trustee, may amend or supplement this Indenture or the Notes without notice to or the consent of any Noteholder, including, but not limited to, to cure any ambiguity, defect, omission or inconsistency in the Indenture or conform the terms of the
Indenture to the description thereof in the Offering Memorandum and to make any other change that does not materially and adversely affect the rights of any holder. 
 15. Defaults and Remedies. In case one or more Events of Default shall have occurred and be continuing (whatever the reason for such Event of Default and whether it shall be voluntary or involuntary or be
effected by operation of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body), then, and in each and every such case (other than as a result of certain events of
bankruptcy, insolvency or reorganization specified in the Indenture), unless the principal of all of the Notes shall have already become due and payable, either the Trustee or the holders of at least 25% in aggregate principal amount of the Notes
then outstanding may declare 100% of the principal of and premium, if any, and accrued and unpaid interest, accrued and unpaid Contingent Interest, if any, and accrued and unpaid Additional Interest, if any, on all the Notes to be due and payable
immediately, and upon any such declaration the same shall become and shall automatically be immediately due and payable, all as and to the extent, and subject to the exceptions, provided in the Indenture. If an Event of Default as a result of
certain events of bankruptcy, insolvency or reorganization specified in the Indenture occurs and is continuing, the principal of all the Notes and accrued and unpaid interest, accrued and unpaid Contingent Interest, if any, and accrued and unpaid
Additional Interest, if any, shall be immediately due and payable without any declaration or other act on the part of the Trustee or any holder, all as and to the extent provided in the Indenture. 
 Holders may not enforce the Indenture or the Notes except as provided in the Indenture. The holders of a majority in aggregate principal amount of the
Notes then outstanding may 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 it. However, the Trustee may refuse to follow any direction that
conflicts with any rule of law or the Indenture, is unduly prejudicial to the rights of other holders or would involve the Trustee in personal liability and the Trustee may take any other action deemed proper by the Trustee which is not inconsistent
with such direction. The Trustee may withhold notice of any continuing default (except a default in payment of any amounts due with respect to any Note), if it in good faith determines that, withholding the notice is in the best interests of
holders. The Company must deliver to the Trustee an annual compliance certificate. 
  

 A-6 

 16. No Recourse Against Others. No past, present or future director, officer, employee or
shareholder, as such, of the Company shall have any liability for any obligations of the Company under the Notes 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 Note, waives and releases all such liability. The waiver and release are part of the consideration for the issue of the Notes. 
 17. Authentication. This Note shall not be valid until authenticated by the manual signature of the Trustee or an authenticating agent in accordance with the Indenture. 
 18. Governing Law. THE INTERNAL LAWS OF THE STATE OF NEW YORK SHALL GOVERN AND BE USED TO CONSTRUE THIS NOTE, INCLUDING WITHOUT LIMITATION,
SECTIONS 5-1401 AND 5-1402 OF THE NEW YORK GENERAL OBLIGATIONS LAW AND NEW YORK CIVIL PRACTICE LAWS AND RULES 327(B). 
 19.
Abbreviations. Customary abbreviations may be used in the name of a holder or an assignee, such as: TEN COM (= tenants in common), TEN ENT (= tenants by the entirety), JT TEN (= joint tenants with right of survivorship and not as tenants in
common), CUST (= Custodian), and U/G/M/A (Uniform Gifts to Minors Act). 
 THE COMPANY WILL FURNISH TO ANY HOLDER UPON WRITTEN REQUEST AND
WITHOUT CHARGE A COPY OF THE INDENTURE. REQUESTS MAY BE MADE TO: 
 SYNNEX Corporation 
 44201 Nobel Drive 
 Fremont, California 94538 
 Attention: General Counsel 
  

 A-7 

 SCHEDULE A 
 SYNNEX CORPORATION 
 4.0% Convertible Senior Notes due 2018 
 The initial principal amount of this Global Note is $[•]. The following increases or decreases in this Global Note have been made: 
  

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

  

 A-8 

 ANNEX A 
 NOTICE OF CONVERSION 
 To: SYNNEX CORPORATION 
 The undersigned registered owner of this Note hereby exercises the option to convert this Note, or the portion hereof (that is $1,000 principal amount or
an integral multiple thereof) below designated, into cash, shares of Common Stock or a combination of cash and shares of Common Stock, as applicable, in accordance with the terms of the Indenture referred to in this Note, and directs that any shares
of Common Stock issuable and deliverable upon such conversion, together with any cash comprising the Daily Conversion Values or a portion of the Daily Settlement Amounts for each of the sixty Trading Days during the Cash Settlement Averaging Period
and for any fractional shares, and any Notes representing any unconverted principal amount hereof, be issued and delivered to the registered holder hereof unless a different name has been indicated below. If any shares of Common Stock or any portion
of this Note not converted are to be issued in the name of a Person other than the undersigned, the undersigned will pay all transfer taxes payable with respect thereto. Any amount required to be paid to the undersigned on account of interest
accompanies this Note. 
  

									
					
	Dated:	 	__________________	 		 		 	 
					
		 		 		 		 	 
		 		 		 		 	Signature(s)

	
	
	  
	Signature Guarantee
	
	Signature(s) must be guaranteed by an eligible Guarantor Institution (banks, stock brokers, savings and loan associations and credit unions) with membership in an approved signature guarantee
medallion program pursuant to Securities and Exchange Commission Rule 17Ad-15 if shares of Common Stock are to be issued, or Notes to be delivered, other than to and in the name of the registered holder.
	
	Fill in for registration of shares if to be issued, and Notes if to be delivered, other than to and in the name of the registered holder:
	
	  
	(Name)
	
	  
	(Street Address)
	
	  
	(City, State and Zip Code)

 Please print name and address. 
  

 A-9 

			
	Principal amount to be converted (if less than all):
	$            ,000
		
	NOTICE:	 	The above signature(s) of the holder(s) hereof must correspond with the name as written upon the face of the Note in every particular without alteration or enlargement or any change whatever.

	
	  
	Social Security or Other Taxpayer Identification Number

  

 A-10 

 ANNEX B 
 REPURCHASE NOTICE 
 To: SYNNEX CORPORATION 
 The undersigned registered owner of this Note hereby acknowledges receipt of a notice from SYNNEX Corporation (the “Company”) as to the
occurrence of a Repurchase Date and specifying the Repurchase Date and requests and instructs the Company to repay to the registered holder hereof in accordance with the applicable provisions of the Indenture referred to in this Note (1) the
entire principal amount of this Note, or the portion thereof (that is $1,000 principal amount or an integral multiple thereof) below designated, and (2) if such Repurchase Date does not fall during the period after an Interest Record Date and
on or prior to the corresponding Interest Payment Date, accrued and unpaid interest, including Contingent Interest, if any, and Additional Interest, if any, thereon to, but excluding, such Repurchase Date. 
 In the case of certificated Notes, the certificate numbers of the Notes to be repurchased are as set forth below: 
  

									
				
	Dated:	 	_____________________	 		 	 
				
		 		 		 	 
		 		 		 	Signature(s)
				
		 		 		 	 
		 		 		 	Social Security or Other Taxpayer Identification Number
				
		 		 		 	Principal amount to be repaid (if less than all):
		 		 		 	$            ,000
					
		 		 		 	NOTICE:	 	The above signature(s) of the holder(s) hereof must correspond with the name as written upon the face of the Note in every particular without alteration or enlargement or any change whatever.

  

 A-11 

 ANNEX C 
 FUNDAMENTAL CHANGE REPURCHASE NOTICE 
 To: SYNNEX CORPORATION 
 The undersigned registered owner of this Note hereby acknowledges receipt of a notice from SYNNEX Corporation (the “Company”) as to the
occurrence of a Fundamental Change with respect to the Company and specifying the Fundamental Change Repurchase Date and requests and instructs the Company to repay to the registered holder hereof in accordance with the applicable provisions of the
Indenture referred to in this Note (1) the entire principal amount of this Note, or the portion thereof (that is $1,000 principal amount or an integral multiple thereof) below designated, and (2) if such Fundamental Change Repurchase Date
does not fall during the period after an Interest Record Date and on or prior to the corresponding Interest Payment Date, accrued and unpaid interest, including Contingent Interest, if any, and Additional Interest, if any, thereon to, but excluding,
such Fundamental Change Repurchase Date. 
 In the case of certificated Notes, the certificate numbers of the Notes to be repurchased are as
set forth below: 
  

							
			
	Dated: _________________	 		 	 
			
		 		 	 
		 		 	Signature(s)
			
		 		 	 
		 		 	Social Security or Other Taxpayer Identification Number
			
		 		 	Principal amount to be repaid (if less than all):
		 		 	$            ,000
				
		 		 	NOTICE:	 	The above signature(s) of the holder(s) hereof must correspond with the name as written upon the face of the Note in every particular without alteration or enlargement or any change whatever.

  

 A-12 

 ANNEX D 
 ASSIGNMENT AND TRANSFER 
 For value received,
                                        
                                        
                                        
hereby sell(s), assign(s) and transfer(s) unto
                                        
                                        
                                        
(Please insert social security or Taxpayer Identification Number of assignee) the within Note, and hereby irrevocably constitutes and appoints
                                        
                                        
                                        
attorney to transfer the said Note on the books of the Company, with full power of substitution in the premises. 
 In connection with any
transfer of the within Note occurring prior to the Resale Restriction Termination Date, as defined in the Indenture governing such Note, the undersigned confirms that such Note is being transferred: 
  

	 	 ̈	To SYNNEX Corporation or a subsidiary thereof; or 

  

	 	 ̈	Pursuant to a registration statement that has become or been declared effective under the Securities Act of 1933, as amended; or 

  

	 	 ̈	Pursuant to and in compliance with Rule 144A under the Securities Act of 1933, as amended; or 

  

	 	 ̈	Pursuant to and in compliance with Rule 144 under the Securities Act of 1933, as amended; or 

  

	 	 ̈	Pursuant to another available exemption from registration under the Securities Act of 1933, as amended. 

  

									
				
	Dated: _________________________	 		 		 	 
					
		 		 		 		 	 
		 		 		 		 	Signature(s)
				
	 	 		 		 	
	Signature Guarantee	 		 		 	
				
	Signature(s) must be guaranteed by an eligible Guarantor Institution (banks, stock brokers, savings and loan associations and credit unions) with membership in an approved signature
guarantee medallion program pursuant to Securities and Exchange Commission Rule 17Ad-15 Notes are to be delivered, other than to and in the name of the registered holder.	 		 		 	
					
	NOTICE:	 	The signature on the assignment must correspond with the name as written upon the face of the Note in every particular without alteration or enlargement or any change whatever.	 		 		 	

  

 A-13 

 EXHIBIT B 
 FORM OF TAX LEGEND 
 THIS NOTE HAS BEEN ISSUED WITH ORIGINAL ISSUE DISCOUNT, FOR PURPOSES OF SECTIONS
1272, 1273, AND 1275 OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED. UPON REQUEST OF THE HOLDER OF THIS NOTE, THE COMPANY WILL PROMPTLY MAKE AVAILABLE TO THE HOLDER OF THIS NOTE, (I) THE ISSUE PRICE OF THE NOTE, (II) THE AMOUNT OF ORIGINAL
ISSUE DISCOUNT IN RESPECT THEREOF, (III) THE ISSUE DATE OF THE NOTE, (IV) THE COMPARABLE YIELD OF THE NOTE, AND (V) THE PROJECTED PAYMENT SCHEDULE OF THE NOTE, IN EACH CASE AS DETERMINED UNDER THE ORIGINAL ISSUE DISCOUNT RULES OF THE U.S.
INTERNAL REVENUE CODE. PLEASE CONTACT SYNNEX CORPORATION, ATTN: CHIEF FINANCIAL OFFICER, 44201 NOBEL DRIVE, FREMONT, CALIFORNIA 94538. 
  

 B-1

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