Document:

EX-4.14

 Exhibit 4.14 

BANK OF AMERICA CORPORATION 

Medium-Term Senior Note, Series L 

MASTER REGISTERED GLOBAL SENIOR NOTE 

This Master Registered Global Senior Note (this “Note”) is a global security within the meaning of the Indenture dated as of
January 1, 1995, as may be supplemented and amended from time to time (the “Indenture”), between Bank of America Corporation (the “Company”) and The Bank of New York Mellon Trust Company, N.A., as successor trustee (the
“Trustee”) under the Indenture and is registered in the name of Cede & Co., as the nominee of The Depository Trust Company (55 Water Street, New York, New York) (the “Depository”). This Note is not exchangeable for
definitive or other Notes registered in the name of a person other than the Depository or its nominee, except in the limited circumstances described in the Indenture or in this Note, and no transfer of this Note (other than a transfer as a whole by
the Depository to a nominee of the Depository or by a nominee of the Depository to the Depository or another nominee of the Depository or by the Depository or any such nominee to a successor depository or a nominee of such successor depository) may
be registered except in the limited circumstances described in the Indenture. 
 Unless this Note is presented by an authorized
representative of the Depository to the Company or its agent for registration of transfer, exchange or payment, and this Note is registered in the name of CEDE & CO., or such other name as requested by an authorized representative of the
Depository, and unless any payment is made to CEDE & CO., ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL, since the registered owner hereof, CEDE & CO., has an interest herein. 

THIS NOTE IS NOT A SAVINGS ACCOUNT OR A DEPOSIT AND IS NOT INSURED BY THE FEDERAL DEPOSIT INSURANCE CORPORATION OR ANY OTHER GOVERNMENTAL
AGENCY AND IS NOT AN OBLIGATION OF OR GUARANTEED BY BANK OF AMERICA, N.A. OR ANY OTHER BANKING OR NONBANKING AFFILIATE OF BANK OF AMERICA CORPORATION. 

THIS NOTE IS A DIRECT, UNCONDITIONAL, UNSECURED AND UNSUBORDINATED GENERAL OBLIGATION OF BANK OF AMERICA CORPORATION. 

  
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 This Note represents one or more obligations of Bank of America Corporation, a corporation duly
organized and existing under the laws of the State of Delaware (herein called the “Company,” which term includes any successor corporation), which may be issued by the Company from time to time in one or more offerings up to the aggregate
principal amount of senior and subordinated medium-term notes, Series L, duly authorized by the Company’s board of directors, or a committee duly established and acting pursuant to the authority of the Company’s board of directors, to be
issued (each such obligation, a “Supplemental Obligation”). The terms of each Supplemental Obligation are and will be reflected in this Note and in the applicable pricing supplement identified on Schedule 1 hereto (each such pricing
supplement, together with the Company’s prospectus dated             , 2015, as it may be amended, supplemented, superseded or replaced from time to time, including by the prospectus
supplement, dated             , 2015, and as supplemented by any product supplement to the prospectus (as amended, supplemented, superseded or replaced, the “Prospectus”), a
“Pricing Supplement”) relating to such Supplemental Obligation, which Pricing Supplement (including the Prospectus) is on file with the Trustee. With respect to each Supplemental Obligation, the terms and provisions of the Supplemental
Obligation contained in the applicable Pricing Supplement are hereby incorporated by reference herein and are deemed to be a part of this Note as of the applicable Original Issue Date specified on Schedule 1 hereto. Each reference to
“this Note” includes and shall be deemed to refer to each Supplemental Obligation. A “pricing supplement” may bear a different name, including, without limitation, “term sheet” or “terms supplement.” 

With respect to each Supplemental Obligation, every term of this Note is subject to modification, amendment or elimination through the
incorporation by reference of the applicable Pricing Supplement, whether or not the phrase “unless otherwise provided in the Pricing Supplement” or language of similar import precedes the term of this Note so modified, amended or
eliminated. It is the intent of the parties hereto that, in the case of any conflict between the terms of a Pricing Supplement and the terms herein, the terms of the Pricing Supplement shall control over the terms herein with respect to the relevant
Supplemental Obligation. Without limiting the foregoing, in the case of each Supplemental Obligation, holders of beneficial interests in this Note are directed to the applicable Pricing Supplement for a description of certain terms of such
Supplemental Obligation, including, as applicable (i) the manner of determining the principal amount of, interest, if any, premium, if any, or (if applicable) securities or other assets deliverable on such Supplemental Obligation, (ii) the
dates, if any, on which the principal amount of, interest, if any, and premium, if any, on such Supplemental Obligation shall be determined and payable, (iii) the currency in which a Supplemental Obligation is payable, (iv) the ability of
the Company to redeem the Supplemental Obligation prior to the maturity date specified in the applicable Pricing Supplement (the “Stated Maturity Date”), (v) the ability of the holder of the Supplemental Obligation to require
repayment of a Supplemental Obligation prior to its Stated Maturity Date, (vi) the amount payable upon any acceleration of such Supplemental Obligation, (vii) and the principal amount of such Supplemental Obligation deemed to be
Outstanding (as defined in the Indenture) for purposes of determining whether holders of the requisite principal amount of Supplemental Obligations have made or given any request, demand, authorization, direction, notice, consent, waiver or other
action under the Indenture. 
 This Note is a “Master Note,” which term means a global security that provides for incorporation
therein of the terms of Supplemental Obligations by reference to the applicable Pricing Supplements, substantially as contemplated herein. 

  
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 The Company, for value received, hereby promises to pay to CEDE & CO., as nominee for
The Depository Trust Company, or its registered assigns, the principal, premium or other amounts as calculated and specified in the applicable Pricing Supplement, as adjusted in accordance with Schedule 1 hereto, on the Stated Maturity Date
specified in the applicable Pricing Supplement (except to the extent redeemed or repaid prior to the Stated Maturity Date). “Maturity,” for a Supplemental Obligation when used herein, means the date on which the principal, or an
installment of principal, on that Supplemental Obligation becomes due and payable in full in accordance with the terms of this Note, the applicable Pricing Supplement and the Indenture, whether at the Stated Maturity Date or by declaration of
acceleration, call for redemption, prepayment at the holder’s option or otherwise. 
 Any interest so payable, and punctually paid or
duly provided for, on any Interest Payment Date for a Supplemental Obligation will be paid to the person in whose name this Note (or one or more predecessor Notes evidencing all or a portion of the same Supplemental Obligation) is registered, unless
otherwise specified in the applicable Pricing Supplement (i) if held in book-entry only form and denominated in U.S. dollars, at the close of business on the date that is one business day (in Charlotte, North Carolina and New York City) prior
to such Interest Payment Date or (ii) if held in book-entry form and denominated in a currency other than U.S. dollars or if held in definitive form, at the close of business on the fifteenth calendar day immediately preceding such Interest
Payment Date as originally scheduled to occur (each, referred to herein as the “Regular Record Date”); provided, however, that the first payment of interest on a Supplemental Obligation with an Original Issue Date between a
Regular Record Date and an Interest Payment Date or on an Interest Payment Date will be made on the Interest Payment Date following the next Regular Record Date to the person in whose name this Note is registered at the close of business on such
next Regular Record Date; and provided, further, that interest payable at Maturity (the “Maturity Date”) will be payable to the person to whom the principal hereof shall be payable. The principal on a Supplemental Obligation
so payable, and punctually paid or duly provided for, at Maturity will be paid to the person in whose name this Note (or one or more predecessor Notes evidencing all or a portion of the same debt as that Supplemental Obligation) is registered at the
time of payment by the Trustee. Any such interest or principal not punctually paid or duly provided for shall be payable as provided in this Note and in the Indenture. 

Payments shall be made by wire transfer to the registered holder of this Note by the Paying Agent without necessity of presentation and
surrender of this Note to such account as has been appropriately designated to the Paying Agent by the person entitled to such payments. 

The Company will pay any administrative costs imposed by any bank in making payments in immediately available funds, but any tax, assessment
or governmental charge imposed upon payments hereunder, including, without limitation, any withholding tax, will be borne by the holder hereof. 

Reference is made to the further provisions of this Note set forth on the reverse hereof and in the applicable Pricing Supplement, which
provisions shall have the same effect as though fully set forth herein. In the event of any conflict between the provisions contained herein or on the reverse hereof and the applicable terms and provisions contained in the applicable Pricing
Supplement, the latter shall control. References herein to “this Note,” “hereof,” “herein” and comparable terms shall mean this Note and shall include the applicable terms and provisions set forth in the applicable
Pricing Supplement. 

  
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 Unless the certificate of authentication hereon has been executed by the Trustee (or other
authentication agent duly appointed in accordance with the Indenture), by manual signature of an authorized signatory, this Note shall not be entitled to any benefit under the Indenture or be valid or obligatory for any purpose. 

[Remainder of page intentionally left blank.] 

  
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 IN WITNESS WHEREOF, Bank of America Corporation has caused this instrument to be duly executed on
its behalf, by manual or facsimile signature. 
  

									
	Dated:		  
				BANK OF AMERICA CORPORATION
				
	[CORPORATE SEAL]						
							By:		  

	ATTEST:				Name:		
	By:		  
				Title:		
	Title: Assistant Secretary						

  
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 CERTIFICATE OF AUTHENTICATION 

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

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

							Authorized Signatory

  
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 [Reverse of Note] 

BANK OF AMERICA CORPORATION 

Medium-Term Senior Note, Series L 

MASTER REGISTERED GLOBAL SENIOR NOTE 

SECTION 1. General. This Note represents one or more duly authorized Supplemental Obligations of the Company to be issued in one or
more series under the Indenture, and to which Indenture reference is hereby made for a statement of the respective rights, limitations of rights, duties and immunities thereunder of the Company and the Trustee, the London Paying Agent (as described
below) and each other Paying Agent (as described below) thereunder and the holders of the Notes and of the terms upon which the Notes are, and are to be, authenticated and delivered. The terms Trustee and London Paying Agent shall include any
additional or successor trustee or agents appointed in such capacities by the Company in accordance with the terms of the Indenture. 
 Each
Supplemental Obligation will be issued pursuant to the Prospectus Supplement dated             , 2015 to the Prospectus dated
            , 2015, as either of such documents may be supplemented or amended from time to time, or pursuant to any document that supersedes or replaces either of such documents from time
to time (referred to collectively herein as the “Prospectus”) and may have different issue and Maturity Dates, bear interest at different rates and vary in such other ways as provided in the applicable Pricing Supplement, the Indenture and
described in the Prospectus. The specific terms of each Supplement Obligation will be described in a Pricing Supplement. 
 The Company has
initially appointed the Trustee to act as the U.S. Issuing and Paying Agent, Security Registrar and Transfer Agent for the Supplemental Obligation and The Bank of New York Mellon to act as the London Paying Agent for certain of the Supplemental
Obligations through its London branch (the “London Paying Agent” and, with the Trustee and any other entity appointed to act as a paying agent for a Supplemental Obligation pursuant to the terms of the Indenture and designated as such in
the applicable Pricing Supplement, each, a “Paying Agent”). Requests in respect of payments with respect to Supplemental Obligation under this Note may be served, at the corporate trust office or agency of the Trustee, located at 101
Barclay Street, New York, New York, 10286, and/or at the office of the London Paying Agent located at One Canada Square, London, E14 5AL, as applicable, or such other locations as may be specified by the applicable Paying Agent and notified to the
Company and the registered holder of this Note. 
 Unless specified otherwise in the applicable Pricing Supplement, no Supplemental
Obligation will be subject to a sinking fund. 
 The Trustee shall make appropriate entries on Schedule 1 hereto to identify and
reflect the issuance of any Supplemental Obligation represented by this Note and shall enter additional information with respect to such Supplemental Obligation as indicated on Schedule 1 hereto, all in accordance with instructions of the
Company. In addition, the Trustee shall make an appropriate notation in its records to reflect the issuance of any Supplemental Obligation represented by this Note. 

  
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 SECTION 2. Interest Provisions. Interest, if any, payable on a Supplemental Obligation
shall be calculated as set forth in the applicable Pricing Supplement. 
 Unless otherwise specified in the applicable Pricing Supplement,
if the Maturity of the principal of any Supplemental Obligation occurs on a day that is not a business day (as described in the applicable Pricing Supplement), any amount of principal, premium, interest or other amount that would otherwise be due on
such Supplemental Obligation on such day (the “Specified Day”) may be paid or made available for payment on the business day that is next succeeding the Specified Day with the same force and effect as if such amount were paid on the
Specified Day, and no interest will accrue on the amount so payable for the period from the Specified Day to such next succeeding business day. 

If so specified in the applicable Pricing Supplement, one of the following business day conventions (each, a “Business Day
Convention”) shall apply to any Interest Period, Interest Reset Date or Interest Payment Date (each as specified in the applicable Pricing Supplement) other than one that falls on the date of Maturity of the principal hereof. If any such date
would otherwise fall on a day that is not a business day: 
 (i) if the Business Day Convention specified in the applicable Pricing
Supplement is “Following Business Day Convention (Adjusted)”, then such date shall be postponed to the next day that is a business day; 

(ii) if the Business Day Convention specified in the applicable Pricing Supplement is “Modified Following Business Day Convention
(Adjusted)”, then such date shall be postponed to the next day that is a business day; except that, if such next succeeding Business Day falls in the next calendar month, then such date shall be advanced to the immediately preceding day that is
a business day; 
 (iii) if the Business Day Convention specified in the applicable Pricing Supplement is “Following Unadjusted Business
Day Convention”, any payment due on such date shall be postponed to the next day that is a business day; provided that interest due with respect to such Interest Payment Date shall not accrue from and including such Interest Payment Date
to and including the date of payment of such interest as so postponed; provided further that Interest Reset Dates and Interest Periods shall not be adjusted for non-business days; 

(iv) if the Business Day Convention specified in the applicable Pricing Supplement is “Modified Following Unadjusted Business Day
Convention”, any payment due on such date shall be postponed to the next day that is a business day; provided that interest due with respect to such Interest Payment Date shall not accrue from and including such Interest Payment Date to
and including the date of payment of such interest as so postponed, and provided further that, if such next succeeding business day would fall in the next succeeding calendar month, the date of payment with respect to such Interest Payment
Date shall be advanced to the business day immediately preceding such Interest Payment Date; and provided further that Interest Reset Dates and Interest Periods shall not be adjusted for non-business days; and 

  
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 (v) if the Business Day Convention specified in the applicable Pricing Supplement
is “Preceding Business Day Convention” any payment due on such date shall be advanced to the immediately preceding day that is a business day; and, if the Preceding Business Day Convention is specified in the applicable Pricing Supplement
to be “adjusted,” then the related Interest Reset Dates and Interest Periods also shall be adjusted for non-business days; however, if the Preceding Business Day Convention is specified in the applicable Pricing Supplement to be
“unadjusted,” then the related Interest Reset Dates and Interest Periods shall not be adjusted for non-business days; 
 provided that if
no such Business Day Convention is specified in the applicable Pricing Supplement, then the Following Unadjusted Business Day Convention shall apply to the applicable Supplemental Obligation. 

SECTION 3. Optional Redemption. If so specified in, and in accordance with the terms of, the applicable Pricing
Supplement, a Supplemental Obligation may be redeemed at the option of the Company at (i) any time on and after an initial date specified in the applicable Pricing Supplement, (ii) on any Interest Payment Date on or after an initial date
specified in the applicable Pricing Supplement or (iii) on such other date or dates, if any, or in such other manner as set forth in the applicable Pricing Supplement for redemption at the option of the Company (each such date, an
“Optional Redemption Date”). IF NO OPTIONAL REDEMPTION DATE OR DATES ARE SET FORTH IN THE APPLICABLE PRICING SUPPLEMENT, THAT SUPPLEMENTAL OBLIGATION MAY NOT BE REDEEMED AT THE OPTION OF THE COMPANY PRIOR TO ITS STATED MATURITY
DATE.  
 Unless otherwise specified in the applicable Pricing Supplement, a Supplemental Obligation may be redeemed on any
Optional Redemption Date in whole or from time to time in part (in increments of the Minimum Denomination, as defined below) at the option of the Company at a redemption price of 100% of the principal amount of that Supplemental Obligation being
redeemed (unless a different redemption price is specified in the applicable Pricing Supplement), together with accrued and unpaid interest (if any) on that Supplemental Obligation payable at the applicable rate or rates (if any) borne by that
Supplemental Obligation, to, but excluding, the date fixed for redemption, on notice given in accordance with the Indenture and the Pricing Supplement. The notice of redemption will take the form of a certificate signed by the Company specifying:

  

	 	•	 	the date fixed for redemption; 

  

	 	•	 	the redemption price; 

  

	 	•	 	the securities identification number(s) of the Supplemental Obligation to be redeemed; 

  
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	 	•	 	the amount to be redeemed, if less than all of the Supplemental Obligation is to be redeemed; 

  

	 	•	 	the place of payment for the Supplemental Obligation to be redeemed; 

  

	 	•	 	that interest accrued on the Supplemental Obligation to be redeemed will be paid as specified in the notice; and 

  

	 	•	 	that on and after the date fixed for redemption, interest will cease to accrue on the Supplemental Obligation to be redeemed. 

So long as a depository is the record holder of a Supplemental Obligation, the Company will deliver any redemption notice only to that depository. 

In the event of redemption of a Supplemental Obligation in part only, the unredeemed portion thereof shall be at least the minimum authorized
denomination (the “Minimum Denomination”) specified in the applicable Pricing Supplement, or if no such Minimum Denomination is so specified, U.S. $1,000 or its equivalent in the specified currency indicated in the Pricing Supplement. In
the event of redemption of a Supplemental Obligation in part only, the unredeemed portion of that Supplemental Obligation shall continue to be represented by this Note and the applicable Pricing Supplement, subject to modifications specified on
Schedule 1 attached hereto. The Trustee shall note any such early redemption, whether in whole or in part, on Schedule 1 hereto. Unless otherwise specified in the applicable Pricing Supplement, if less than all of a Supplemental
Obligation is to be redeemed, the amount of that Supplemental Obligation to be redeemed shall be selected in accordance with the procedures of the Depository. 

From and after any date fixed for redemption, if monies for the redemption of a Supplemental Obligation (or portion thereof) shall have been
made available for redemption on such date, that Supplemental Obligation (or such portion thereof) shall cease to bear interest or premium and the holder’s only right with respect to that Supplemental Obligation (or such portion thereof) shall
be to receive payment of the redemption price of such Supplemental Obligation (or portion thereof) being redeemed as specified in the applicable Pricing Supplement and, if appropriate, all unpaid interest accrued to such date fixed for redemption.

 SECTION 4. Optional Repayment. A Supplemental Obligation may be repayable prior to its Stated Maturity Date at the option of the
holder if so specified in, and in accordance with the terms of, the applicable Pricing Supplement. IF NO OPTIONAL REPAYMENT AT THE OPTION OF THE HOLDER IS SET FORTH IN THE APPLICABLE PRICING SUPPLEMENT, THAT SUPPLEMENTAL OBLIGATION MAY NOT BE SO
REPAID AT THE OPTION OF THE HOLDER PRIOR TO ITS STATED MATURITY DATE. In the event of an early repayment of a Supplemental Obligation in part only, the portion of such Supplemental Obligation that is not repaid shall continue to be represented
by this Note and the applicable Pricing Supplement. The Trustee shall note any such optional repayment, whether in whole or in part, on Schedule 1 hereto. 

  
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 SECTION 5. Repayment Upon Death. The provisions of this Section shall apply if and to the
extent the applicable Pricing Supplement indicates that the Supplemental Obligation has the Survivor’s Option described herein. As set forth in the applicable Pricing Supplement, the Company shall be required to repay the beneficial owner of
the Supplemental Obligation prior to its Stated Maturity Date, if requested by the authorized representative of the beneficial owner of the Supplemental Obligation, following the death of the beneficial holder of the Supplemental Obligation (the
“Survivor’s Options”). No Survivor’s Option may be exercised if the deceased beneficial owner of the Supplemental Obligation held such Supplemental Obligation for less than six months prior to the request. In addition, the
Company may limit the aggregate principal amount of the Supplemental Obligation as to which the exercises of the Survivor’s Option may be accepted by the Company, as more fully described in the applicable Pricing Supplement. Forms of notice of
election of exercise the Survivor’s Option may be obtained from The Bank of New York Mellon Trust Company, N.A., 2001 Bryan Street, 10th Floor, Dallas, Texas 75201, Attention: Survivor Option
Department, 1-800-275-2048 or e-mail them at survivors_option@bnymellon.com. Notwithstanding anything to the contrary contained herein, upon the valid election of the Survivor’s Option and proper tender of the related Supplemental
Obligation, the Company may elect, in lieu of redeeming that Supplemental Obligation, to permit one of its subsidiaries, including Merrill Lynch, Pierce, Fenner & Smith Incorporated, to purchase that Supplemental Obligation from the
representative of the holder of the Supplemental Obligation on the same terms and conditions as required of the Company pursuant to the Survivor’s Option. In the event the Company makes such an election, the Company and its designated
subsidiary shall notify the Trustee of such election. The Company shall remain obligated to redeem the applicable Supplemental Obligation at the time and upon the terms and conditions contained in the Survivor’s Option in the event the
Company’s designated subsidiary fails to purchase the applicable Supplemental Obligation on the same terms or at the time required of the Company pursuant to the Survivor’s Option. 

SECTION 6. Modification and Waivers. The Indenture permits, with certain exceptions as therein provided, the amendment of the Indenture
and the modification of the rights and obligations of the Company and the rights of the holders of a Supplemental Obligation at any time by the Company with the consent of the holders of not less than
66 2⁄3% in aggregate principal amount of the series of a Supplemental Obligation of which this Note is a part then outstanding and all other Securities (as
defined in the Indenture) outstanding under the Indenture and affected by such amendment and modification. The Indenture also contains provisions permitting the holders of a majority in aggregate principal amount of a series of Supplemental
Obligations under this Note then outstanding, on behalf of the holders of such Supplemental Obligations, to waive compliance by the Company with certain provisions of the Indenture and certain past defaults under the Indenture and their
consequences. Any such consent or waiver by the holder of such Notes shall be conclusive and binding upon such holder and upon all future holders of such Notes and of any Note issued upon the registration of transfer thereof or in exchange therefor
or in lieu hereof whether or not notation of such consent or waiver is made upon such Notes. The determination of whether a particular Supplemental Obligation is “outstanding” will be made in accordance with the Indenture. 

Any new global security authenticated and delivered after the execution of any agreement modifying, amending or supplementing this Note may
bear a notation in a form approved by the Company as to any matter provided for in such modification, amendment or supplement to the Indenture or the Supplemental Obligations. Any new global security so modified as to conform, in the opinion of the
Company, to any provisions contained in any such modification, amendment or supplement may be prepared by the Company, authenticated by the Trustee and delivered in exchange for this Note. 

  
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 SECTION 7. Obligations Unconditional. No reference herein to the Indenture and no
provision of this Note or of the Indenture shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal, premium, if any, interest and other amounts payable, if any, on each Supplemental Obligation
at the times, place and rate, and in the coin or currency, prescribed in this Note and in the applicable Pricing Supplement. 
 SECTION
8. Successor to Company. The Company may not consolidate or merge with or into any other corporation or sell or convey all or substantially all of its assets to any person, firm or corporation, unless (a) the Company shall be the
continuing corporation, or the successor corporation (if other than the Company) shall be a corporation organized and existing under the laws of the United States of America or a state thereof or the District of Columbia, and such corporation shall
expressly assume all the Company’s obligations under the Indenture; and (b) immediately after giving effect to such transaction, the Company or such successor corporation, as the case may be, is not in default in the performance of any
covenant or condition under the Indenture. 
 Upon consolidation, merger, sale or transfer as described above, the resulting or acquiring
entity shall be substituted for the Company in the Indenture with the same effect as if it had been an original party to the Indenture, and the successor entity may exercise the Company’s right and powers under the Indenture. 

SECTION 9. Minimum Denominations. Each Supplemental Obligation may be issued, whether on the original issue date or upon registration
of transfer, exchange or partial redemption or repayment of such Supplemental Obligation, only in a Minimum Denomination as specified in the applicable Pricing Supplement, or if no Minimum Denomination is so specified, in minimum denominations of
U.S.$1,000 and any integral multiple of U.S.$1,000 in excess thereof (or equivalent denominations in other currencies, subject to any other statutory or regulatory minimums). 

SECTION 10. Registration of Transfer. As provided in the Indenture and subject to certain limitations as therein set forth, the
transfer of this Note is registrable in the register maintained by the Security Registrar, upon surrender of this Note for registration of transfer at the office or agency of the Company designated by it pursuant to the Indenture, duly endorsed by,
or accompanied by a written instrument of transfer in form satisfactory to the Company and the Trustee or the Security Registrar requiring such written instrument of transfer duly executed by, the registered holder hereof or his attorney duly
authorized in writing, and thereupon one or more new notes will be issued to the designated transferee or transferees. 
 This Note may be
exchanged in whole, but not in part, and Supplemental Obligations may be exchanged in whole, for Certificated Notes (as defined below) (a) if DTC notifies the Company that it is unwilling or unable to continue as depository for the global note
or DTC ceases to be a clearing agency registered under the U.S. Securities Exchange Act of 1934, as amended, if so required by applicable law or regulation, and, in either case, a successor 

  
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depository is not appointed by the Company within 90 days after receiving such notice or becoming aware that DTC is no longer so registered; (b) the Company, in its sole discretion, elects
to issue Certificated Notes; or (c) after the occurrence of an Event of Default with respect to this Note or the applicable Supplemental Obligation, holders representing a majority in principal amount of the applicable Supplemental Obligation
represented by this Note advise the relevant clearing system through its participants to cease acting as a depository for this Note. Unless otherwise set forth above, Certificated Notes will be issued in Minimum Denominations only and will be issued
in registered form only, without coupons. 
 In addition, this Note is a Master Note and may be exchanged at any time, solely upon the
request of the Company to the Trustee, for one or more global notes in the same aggregate principal amount, each of which may or may not be a Master Note, as requested by the Company. Each such replacement global note that is a Master Note shall
reflect such of the Supplemental Obligations as the Company shall request. Each such replacement global note that is not a Master Note shall represent one (and only one) Supplemental Obligation as requested by the Company, and such global note shall
be appropriately modified so as to reflect the terms of such Supplemental Obligation. 
 Subject to the terms of the Indenture, if
Certificated Notes are issued, a holder may exchange its Certificated Notes for Certificated Notes of the same issue in an equal aggregate principal amount and in Minimum Denominations. 

Certificated Notes may be presented for registration of transfer at the office of the Security Registrar or at the office of any transfer
agent that the Company may designate and maintain. The Security Registrar or the transfer agent will make the transfer or registration only if it is satisfied with the documents of title and identity of the person making the request. The Company may
change the Security Registrar or the transfer agent or approve a change in the location through which the Security Registrar or transfer agent acts at any time, except that the Company will be required to maintain a security registrar and transfer
agent in each place of payment for the notes of a Supplemental Obligation. At any time, the Company may designate additional transfer agents for a Supplemental Obligation. 

The Company will not be required to (a) issue, exchange, or register the transfer of any notes if it has exercised its right to redeem
notes of a Supplemental Obligation for a period of 15 calendar days before the date fixed for redemption, or (b) exchange or register the transfer of any notes of a Supplemental Obligation that were selected, called, or are being called for
redemption, except the unredeemed portion of the notes of that Supplemental Obligation, if being redeemed in part. 
 No service charge
shall be made for any such registration of transfer or exchange, but the Company may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith. 

Prior to due presentment of this Note for registration of transfer, the Company, the Trustee, and any agent of the Company or the Trustee may
treat the person in whose name this Note is registered as the owner hereof for all purposes, whether not this Note be overdue, and neither the Company, the Trustee, nor any such agent shall be affected by notice to the contrary, except as required
by applicable law. 

  
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 SECTION 11. Events of Default. If an Event of Default (defined in the Indenture as
(a) the Company’s failure to pay the principal or premium, if any, on a Supplemental Obligation; (b) the Company’s failure to pay interest on a Supplemental Obligation within 30 calendar days after the same becomes due;
(c) the Company’s breach of its other covenants contained in this Note or in the Indenture, which breach is not cured within 90 calendar days after written notice by the Trustee or the holders of at least 25% in outstanding principal
amount of all Securities issued under the Indenture and affected thereby; and (d) certain events involving the bankruptcy, insolvency or liquidation of the Company) shall occur, the principal of all Supplemental Obligations affected thereby may
be declared due and payable in the manner and with the effect provided in the Indenture. 
 SECTION 12. Defeasance. Unless otherwise
specified in the applicable Pricing Supplement, the provisions of Article Fourteen of the Indenture do not apply to the relevant Supplemental Obligation. 

SECTION 13. Specified Currency. Unless otherwise provided herein or in the applicable Pricing Supplement, the principal, premium, if
any, and interest on any Supplemental Obligation are payable in the specified currency indicated in the applicable Pricing Supplement. 

SECTION 14. Mutilated, Defaced, Destroyed, Lost or Stolen Notes. In case this Note or any definitive notes issued in certificated form
in exchange for beneficial interests in this Note in accordance with the Indenture (referred to herein as “Certificated Notes”) shall at any time become mutilated, defaced, destroyed, lost or stolen, and this Note or a Certificated Note or
evidence of the loss, theft or destruction hereof or thereof satisfactory to the Company and the Security Registrar and such other documents or proof as may be required by the Company and the Security Registrar shall be delivered to the Security
Registrar, the Security Registrar shall issue a new Note or Certificated Note in exchange and substitution for the mutilated or defaced Note or Certificated Note or in lieu of the Note or Certificated Note destroyed, lost or stolen but, in the case
of any destroyed, lost or stolen Note or Certificated Note, only upon receipt of evidence satisfactory to the Company and the Security Registrar that this Note or Certificated Note was destroyed, stolen or lost, and, if required, upon receipt of
indemnity satisfactory to the Company and the Security Registrar. Upon the issuance of any substituted Note or Certificated Note, the Company may require the payment of a sum sufficient to cover all expenses and reasonable charges connected with the
preparation and delivery of a new Note or Certificated Note. If any Note or Certificated Note which has matured or has been redeemed or repaid or is about to mature or to be redeemed or repaid shall become mutilated, defaced, destroyed, lost or
stolen, the Company may, instead of issuing a substitute Note or Certificated Note, pay or authorize the payment of the same (without surrender thereof except in the case of a mutilated or defaced Note or Certificated Note) upon compliance by the
holder with the provisions of this paragraph. 

  
 14 

 SECTION 15. Miscellaneous. No recourse shall be had for the payment of principal of (and
premium, if any) or interest or other amounts payable, if any, on, a Supplemental Obligation for any claim based hereon, or otherwise in respect hereof, against any shareholder, employee, agent, officer or director, as such, past, present or future,
of the Company or of any successor organization, either directly or through the Company or any successor organization, whether by virtue of any constitution, statute or rule of law or by the enforcement of any assessment or penalty or otherwise, all
such liability being, by the acceptance hereof and as part of the consideration for the issue hereof, expressly waived and released. 

SECTION 16. Defined Terms. All terms used in this Note which are defined in the Indenture or the Prospectus and are not otherwise
defined in this Note shall have the meanings assigned to them in the Indenture or the Prospectus, as applicable. 
 SECTION 17. GOVERNING
LAW. THIS NOTE SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK, NOTWITHSTANDING ANY OTHERWISE APPLICABLE CONFLICTS OF LAWS PROVISIONS AND ALL APPLICABLE UNITED STATES FEDERAL LAWS AND REGULATIONS. 

  
 15 

 ABBREVIATIONS 

The following abbreviations, when used in the inscription on the face of this instrument, shall be construed as though they were written out
in full according to applicable laws or regulations: 
  

					
	TEN COM		--		as tenants in common
	TEN ENT		--		as tenants by the entireties
	JT TEN		--		as joint tenants with right of survivorship and not as tenants in common

  

							
	UNIF GIFT MIN ACT --		  
		as Custodian for		  

			(Cust)				(Minor)
			Under Uniform Gifts to Minors Act

  

			
	   
		  

	(State)		

 Additional abbreviations may also be used though not in the above list. 

 
  

FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s) unto 

PLEASE INSERT SOCIAL SECURITY OR OTHER IDENTIFYING NUMBER OF ASSIGNEE 
  

					
	
                    / 
                   /            
				
					Please print or type name and address, including zip code of assignee

  
  

the within Note of BANK OF AMERICA CORPORATION and all rights thereunder and does hereby irrevocably constitute and appoint 

 
  

                    
                                         
                   Attorney 
 to transfer the said Note
on the books of the within-named Company, with full power of substitution in the premises 

Dated:                         
                                    

 

			
	SIGNATURE GUARANTEED:		  

			NOTICE: The signature to this assignment must correspond with the name as it appears upon the face of this Note

  
 16 

 Schedule 1 
  

													
	 CUSIP Number and
Title of
Supplemental
Obligation
	 	 Initial Principal
Amount
of
Supplemental
Obligation
	 	 Original Issue Date
	  	Increase
(Decrease) in
Principal
Amount	  	Transfer/
Redemption/
Repayment/
Exchange into
Definitive Note	  	Date of Increase
(Decrease) or
Transfer/
Redemption/
Repayment/
Exchange into
Definitive Note	  	Trustee
Notation

  
 17EX-4.19

 Exhibit 4.19 

[FORM OF REGISTERED SUBORDINATED NOTE] 
 THIS
NOTE IS A GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF A DEPOSITORY OR A NOMINEE OF A DEPOSITORY. THIS NOTE IS NOT EXCHANGEABLE FOR NOTES REGISTERED IN THE NAME OF A PERSON OTHER THAN
THE DEPOSITORY OR ITS NOMINEE, EXCEPT IN THE LIMITED CIRCUMSTANCES DESCRIBED IN THE INDENTURE, AND NO TRANSFER OF THIS NOTE (OTHER THAN A TRANSFER OF THIS NOTE AS A WHOLE BY THE DEPOSITORY TO A NOMINEE OF THE DEPOSITORY OR BY A NOMINEE OF THE
DEPOSITORY TO THE DEPOSITORY OR ANOTHER NOMINEE OF THE DEPOSITORY) MAY BE REGISTERED EXCEPT IN THE LIMITED CIRCUMSTANCES DESCRIBED IN THE INDENTURE. 

Unless this Note is presented by an authorized representative of The Depository Trust Company, a New York corporation (55 Water Street, New York, New York)
(“DTC”), to the Corporation or its agent for registration of transfer, exchange or payment, and this Note is registered in the name of Cede & Co. or such other name as requested by an authorized representative of DTC, and unless
any payment is made to Cede & Co., ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL since the registered owner hereof, Cede & Co., has an interest herein. 

THIS NOTE IS NOT A SAVINGS ACCOUNT, DEPOSIT, OR OTHER OBLIGATION OF A BANK, IS NOT GUARANTEED BY ANY BANKING OR NONBANKING AFFILIATE OF BANK OF AMERICA
CORPORATION, AND IS NOT INSURED BY THE FEDERAL DEPOSIT INSURANCE CORPORATION OR ANY OTHER GOVERNMENTAL AGENCY. THIS NOTE IS SUBORDINATED TO CLAIMS OF DEPOSITORS, IS UNSECURED, AND IS NOT ELIGIBLE AS COLLATERAL FOR A LOAN BY BANK OF AMERICA
CORPORATION OR BANK OF AMERICA, N.A. 
  

			
	REGISTERED		$                                   
         
		
	NUMBER R                     		CUSIP
                                  

 BANK OF AMERICA CORPORATION 

            % SUBORDINATED NOTE, DUE
             
 BANK OF AMERICA CORPORATION, a Delaware corporation (herein
called the “Corporation,” which term includes any successor corporation under the Indenture referred to on the reverse hereof), for value received, hereby promises to pay to
                    or its registered assigns, the principal sum of
                    DOLLARS1 on
                ,             2 (except to the extent
redeemed or repaid prior to that date). The Corporation will pay interest on such principal amount at the rate of     % per annum3, until payment of such principal amount has
been made or duly provided for, semi-annually4 in arrears on             and
            of each year (each, an “Interest Payment Date”). Interest shall be payable on each Interest Payment Date commencing on the [first] [second] Interest Payment Date
succeeding the Original Issue Date (as defined below) and at the stated maturity or redemption or repayment (the “Maturity Date”). If the Corporation shall default in the payment of interest due on any Interest Payment Date, then this Note
shall bear interest from the next preceding Interest Payment Date to which interest has been paid, or, if no interest has been paid on the Notes, from (the “Original Issue Date”). 

 
  

	1 	This form provides for Notes denominated in, and principal and interest payable in, U.S. dollars. The form, as used, may be modified to provide, alternatively, for Notes denominated in, and principal and interest and
other amounts, if any, payable in a foreign currency or currency unit, with the specific terms and provisions, including any limitations on the issuance of Notes in such currency, additional provisions regarding paying and other agents and
additional provisions regarding the calculation and payment of such currency, set forth therein. 

	2 	This form provides for Notes that will mature only on a specified date. If the maturity of Notes of a series may be renewed at the option of the holder, or extended at the option of the Corporation, the form, as used,
will be modified to provide for additional terms relating to such renewal or extension, as the case may be, including the period or periods for which the maturity may be renewed or extended, as the case may be, changes in the interest rate, if any,
and requirements for notice. 

	3 	This form provides for interest at a fixed rate. The form, as used, may be modified to provide, alternatively, for interest at a variable rate or rates, with the method of determining such rate set forth therein.

	4 	This form provides for semi-annual interest payments. The form, as used, may be modified to provide, alternatively, for annual, quarterly, or other periodic interest payments. 

 Interest on this Note will accrue from the Original Issue Date of this Note until the principal
amount is paid or duly provided for. Interest (including payments for partial periods) will be computed on the basis of a [360-day year of twelve 30-day months]. Interest payable on this Note on any Interest Payment Date or the Maturity Date will
include interest accrued from, and including, the preceding Interest Payment Date in respect of which interest has been paid or duly provided for (or from, and including, the Original Issue Date, if no interest has been paid or duly provided for)
to, but excluding, such Interest Payment Date or the Maturity Date, as the case may be. If the Maturity Date or any Interest Payment Date falls on a day which is not a Business Day, as defined below, principal of or interest payable with respect to
such Maturity Date or Interest Payment Date will be paid on the succeeding Business Day with the same force and effect as if made on such Maturity Date or Interest Payment Date, as the case may be, and no additional interest shall accrue as a result
of that postponement. The interest so payable, and punctually paid or duly provided for, on any Interest Payment Date will be paid to the person in whose name this Note (or one or more predecessor Notes evidencing all or a portion of the same debt
as this Note) is registered at the close of business on the regular record date for such Interest Payment Date, whether or not a Business Day (as defined below). As long as the Notes are represented by a global note, the regular record date shall be
the close of business on the Business Day next preceding such Interest Payment Date. If, pursuant to the terms of the Indenture, the Notes are no longer represented by a global note, the record date shall be the close of business on [the last day of
the calendar month preceding an Interest Payment Date] [the fifteenth day of the calendar month in which the Interest Payment Date occurs]. “Business Day” means any weekday that is not a legal holiday in New York, New York, Charlotte,
North Carolina, or any other place of payment with respect to this Note and that is not a day on which banking institutions in those cities are authorized or required by law or regulation to be closed. [“Business Day” also means, with
respect to Notes denominated in euro, a day on which the TransEuropean Automated Real-time Gross settlement Express Transfer system, or “TARGET 2,” is in place.]5 

The principal of and interest on this Note are payable in immediately available funds in such coin or currency of the United States of America
as at the time of payment is legal tender for payment of public and private debts, at the office or agency of the Corporation designated as provided in the Indenture. However, interest may be paid, at the option of the Corporation, by check mailed
to the person entitled thereto at his address last appearing on the registry books of the Corporation relating to the Notes. Notwithstanding the preceding sentence, payments of principal of and interest payable on the Maturity Date will be made by
wire transfer of immediately available funds to a designated account maintained in the United States upon (i) receipt of written notice by the Issuing and Paying Agent (as described on the reverse hereof) from the registered holder hereof not
less than one Business Day prior to the due date of such principal and (ii) presentation of this Note to the Issuing and Paying Agent, at The Bank of New York Mellon Trust Company, N.A., 101 Barclay Street, New York, New York 10286. Any
interest not punctually paid or duly provided for shall be payable as provided in such Indenture.6 

References herein to “U.S. dollars,” “U.S.$,” or “$” are to the coin or currency of the United States at the
time of payment is legal tender for the payment of public and private debts. 
 Reference is made to the further provisions of this Note set
forth on the reverse hereof, which shall have the same effect as though fully set forth at this place. 
 Unless the certificate of
authentication hereon has been executed by the Trustee or by an authenticating agent on behalf of the Trustee by manual signature, this Note shall not be entitled to any benefit under such Indenture or be valid or obligatory for any purpose. 

 
  

	5 	This form provides a definition of Business Day for U.S. issuances, with an alternate definition for euro-denominated issuances. The Business Day definition may be modified to provide for issuances in other countries or
currencies, as required. 

	6 	This form does not contemplate the offer of Notes to Non-United States persons (for United States federal income tax purposes). If Notes are offered to Non-United States persons, the form of Note, as used, may be
modified to provide for the payment of additional amounts to such Non-United States persons or, if applicable, the redemption of such Notes in lieu of payment of such additional amounts. 

  
 2 

 IN WITNESS WHEREOF, the Corporation has caused this Note to be duly executed, by manual or
facsimile signature, under its corporate seal or a facsimile thereof. 
  

					
			BANK OF AMERICA CORPORATION
			
			By:		  

	[SEAL]				Title:

 ATTEST: 
  

			
	By:		  

			Assistant Secretary

  
 3 

 Certificate of Authentication 

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

Dated:                         

 

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

			Authorized Signatory

  
 4 

 [Reverse of Note] 

BANK OF AMERICA CORPORATION 

            % SUBORDINATED NOTE, DUE
             
 SECTION 1. General. This Note is one of a duly authorized
series of Securities of the Corporation unlimited in aggregate principal amount (herein called the “Notes”) issued and to be issued under an Indenture dated as of January 1, 1995 (herein called the “Indenture”), between the
Corporation (successor in interest to NationsBank Corporation) and The Bank of New York Mellon Trust Company, N.A., as Trustee (successor trustee to The Bank of New York, successor in interest to U.S. Bank Trust National Association, successor
trustee to BankAmerica National Trust Company, herein called the “Trustee,” which term includes any successor trustee under the Indenture), as supplemented by a First Supplemental Indenture dated as of August 28, 1998, a Second
Supplemental Indenture dated as of January 25, 2007 and a Third Supplemental Indenture dates as of February 23, 2011, to which Indenture and all indentures supplemental thereto reference is hereby made for a statement of the respective
rights thereunder of the Corporation, the Trustee and the holders of the Notes, and the terms upon which the Notes are, and are to be, authenticated and delivered. The series of which this Note is a part also is designated as the Corporation’s
            % Subordinated Notes, due             (herein called the “Series”), initially in the principal amount of
$            . [The amount of Notes of this Series may be increased by the Corporation in the future.] The Trustee initially shall act as Security Registrar, Transfer Agent, Authenticating
Agent and Issuing and Paying Agent in connection with the Notes. 
 SECTION 2. Subordination. THE INDEBTEDNESS OF THE CORPORATION
EVIDENCED BY THE NOTES, INCLUDING THE PRINCIPAL THEREOF AND INTEREST THEREON, IS, TO THE EXTENT AND IN THE MANNER SET FORTH IN THE INDENTURE, SUBORDINATE AND JUNIOR IN RIGHT OF PAYMENT TO ITS OBLIGATIONS TO HOLDERS OF SENIOR INDEBTEDNESS, AS DEFINED
IN THE INDENTURE, AND EACH HOLDER OF THE NOTES, BY THE ACCEPTANCE HEREOF, AGREES TO AND SHALL BE BOUND BY SUCH PROVISIONS OF THE INDENTURE. 

SECTION 3. No Sinking Fund. This Note is not subject to any sinking fund. 

SECTION 4. Redemption and Repayment. Except in those situations in which the Corporation may become obligated to pay additional amounts
(as described herein), the Notes of this Series are not subject to redemption at the option of the Corporation or repayment at the option of the holder prior to maturity.7 

SECTION 5. Defeasance. The provisions of Article Fourteen of the Indenture do [not] apply to the Notes of this Series. 

SECTION 6. Payment of Additional Amounts. [Subject to the exemptions and limitations set forth below, the Corporation will pay
additional amounts to the beneficial owner of this Note that is a “Non-United States person,” as defined below, in order to ensure that every net payment on such Note will not be less, due to payment of United States withholding tax, than
the amount then otherwise due and payable. For this purpose, a “net payment” on the Note means a payment by the Corporation or any paying agent, including payment of principal and interest, after deduction for any present or future tax,
assessment, or other governmental charge of the United States (other than a territory or possession). These additional amounts will constitute additional interest on the Note. 

The Corporation will not be required to pay additional amounts, however, in any of the circumstances described in items (1) through
(15) below. 
  
  

	7 	This form provides for Notes that are not subject to redemption at the option of the Corporation or repayment at the option of the holder. The form, as used, may be modified to provide, alternatively, for redemption at
the option of the Corporation or repayment at the option of the holder, with the terms and conditions of such redemption or repayment, as the case may be, including provisions regarding sinking funds, if applicable, redemption prices, and notice
periods, set forth therein. 

  
 5 

 (1) Additional amounts will not be payable if a payment on the Note is reduced as a result of any
tax, assessment, or other governmental charge that is imposed or withheld solely by reason of the beneficial owner of the Note: 
  

	 	(a)	having a relationship with the United States as a citizen, resident, or otherwise; 

  

	 	(b)	having had such a relationship in the past; or 

  

	 	(c)	being considered as having had such a relationship. 

 (2) Additional amounts will not be payable
if a payment on the Note is reduced as a result of any tax, assessment, or other governmental charge that is imposed or withheld solely by reason of the beneficial owner of the Note: 

 

	 	(a)	being treated as present in or engaged in a trade or business in the United States; 

  

	 	(b)	being treated as having been present in or engaged in a trade or business in the United States in the past; 

  

	 	(c)	having or having had a permanent establishment in the United States; or 

  

	 	(d)	having or having had a qualified business unit which has the U.S. dollar as its functional currency. 

(3) Additional amounts will not be payable if a payment on the Note is reduced as a result of any tax, assessment, or other governmental charge
that is imposed or withheld solely by reason of the beneficial owner of the Note being or having been a: 
  

	 	(a)	personal holding company; 

  

	 	(b)	foreign personal holding company; 

  

	 	(c)	private foundation or other tax-exempt organization; 

  

	 	(d)	passive foreign investment company; 

  

	 	(e)	controlled foreign corporation; or 

  

	 	(f)	corporation which has accumulated earnings to avoid United States federal income tax. 

 (4)
Additional amounts will not be payable if a payment on the Note is reduced as a result of any tax, assessment, or other governmental charge that is imposed or withheld solely by reason of the beneficial owner of the Note owning or having owned,
actually or constructively, 10% or more of the total combined voting power of all classes of the Corporation’s stock entitled to vote; 

(5) Additional amounts will not be payable if a payment on the Note is reduced as a result of any tax, assessment, or other governmental charge
that is imposed or withheld solely by reason of the beneficial owner of the Note being a bank extending credit pursuant to a loan agreement entered into in the ordinary course of business. 

For purposes of items (1) through (5) above, “beneficial owner” includes, without limitation, the holder, and a fiduciary,
settlor, partner, member, shareholder, or beneficiary of the holder if the holder is an estate, trust, partnership, limited liability company, corporation, or other entity, or a person holding a power over an estate or trust administered by a
fiduciary holder. 
 (6) Additional amounts will not be payable to any beneficial owner of the Note that is: 

 

	 	(a)	a fiduciary; 

  
 6 

	 	(b)	a partnership; 

  

	 	(c)	a limited liability company; 

  

	 	(d)	another fiscally transparent entity; or 

  

	 	(e)	not the sole beneficial owner of the Note, or any portion of the Note. 

 However, this
exception to the obligation to pay additional amounts will only apply to the extent that a beneficiary or settlor in relation to the fiduciary, or a beneficial owner, partner or member of the partnership, limited liability company, or other fiscally
transparent entity, would not have been entitled to the payment of an additional amount had the beneficiary, settlor, partner, beneficial owner, or member received directly its beneficial or distributive share of the payment. 

(7) Additional amounts will not be payable if a payment on the Note is reduced as a result of any tax, assessment, or other governmental charge
that is imposed or withheld solely by reason of the failure of the beneficial owner of the Note or any other person to comply with applicable certification, identification, documentation or other information reporting requirements. This exception to
the obligation to pay additional amounts will apply only if compliance with such reporting requirements is required as a precondition to exemption from such tax, assessment or other governmental charge by statute or regulation of the United States
or by an applicable income tax treaty to which the United States is a party. 
 (8) Additional amounts will not be payable if a payment on
the Note is reduced as a result of any tax, assessment, or other governmental charge that is collected or imposed by any method other than by withholding from a payment on the Note by the Corporation or any paying agent. 

(9) Additional amounts will not be payable if a payment on the Note is reduced as a result of any tax, assessment, or other governmental charge
that is imposed or withheld by reason of a change in law, regulation, or administrative or judicial interpretation that becomes effective more than 15 days after the payment becomes due or is duly provided for, whichever occurs later. 

(10) Additional amounts will not be payable if a payment on the Note is reduced as a result of any tax, assessment, or other governmental
charge that is imposed or withheld by reason of the presentation by the beneficial owner of the Note for payment more than 30 days after the date on which such payment becomes due or is duly provided for, whichever occurs later. 

(11) Additional amounts will not be payable if a payment on the Note is reduced as result of any: 

 

	 	(a)	estate tax; 

  

	 	(b)	inheritance tax; 

  

	 	(c)	gift tax; 

  

	 	(d)	sales tax; 

  

	 	(e)	excise tax; 

  

	 	(f)	transfer tax; 

  

	 	(g)	wealth tax; 

  

	 	(h)	personal property tax; or 

  

	 	(i)	any similar tax, assessment, or other governmental charge. 

  
 7 

 (12) Additional amounts will not be payable if a payment on the Note is reduced as a result of
any tax, assessment, or other governmental charge required to be withheld by any paying agent from a payment of principal or interest on the Note if such payment can be made without such withholding by any other paying agent. 

(13) Additional amounts will not be payable if a payment on the Note is reduced as a result of any tax, assessment, or other governmental
charge that is imposed or withheld by reason of the application of Section 1471 through Section 1474 of the U.S. Internal Revenue Code of 1986, as amended (or any successor provision), any regulation, pronouncement, or agreement
thereunder, official interpretations thereof, or any law implementing an intergovernmental approach thereto, whether currently in effect or as published and amended from time to time. 

(14) Additional amounts will not be payable if a payment on the Note is reduced as a result of any tax, assessment, or other governmental
charge that is imposed or withheld by reason of the payment being treated as a dividend or dividend equivalent for United States tax purposes. 

(15) Additional amounts will not be payable if a payment on the Note is reduced as a result of any combination of items (1) through
(14) above. 
 A “United States person” means: 

(a) any individual who is a citizen or resident of the United States; 

(b) any corporation, partnership, or other entity created or organized in or under the laws of the United States; 

(c) any estate if the income of such estate falls within the federal income tax jurisdiction of the United States regardless of the source of
such income; and 
 (d) any trust if a U.S. court is able to exercise primary supervision over its administration and one or more United
States persons have the authority to control all of the substantial decisions of the trust. 
 A “Non-United States person” means
a person who is not a United States person, and “United States” means the United States of America, including the States and the District of Columbia, its territories, its possessions, and other areas within its jurisdiction.] 

SECTION 7. Redemption for Tax Reasons. [The Notes of this Series may be redeemed at the option of the Corporation in whole, but not in
part, at any time, on giving not less than 30 nor more than 60 days’ notice to the Trustee and the holders of the Notes, if the Corporation has or may become obliged to pay additional amounts as a result of any change in, or amendment to, the
laws or regulations of the United States or any political subdivision or any authority thereof or therein having power to tax, or any change in the application or official interpretation of such laws or regulations after the date of this Note. 

In connection with any notice of redemption for tax reasons as described herein, the Corporation shall deliver to the Trustee and/or any
applicable paying agent under the Indenture any required certificate, request or order. 
 Notes so redeemed will be redeemed at 100% of
their principal amount together with interest accrued up to (but excluding) the date of redemption.] 
 SECTION 8. Events of Default.
If an Event of Default (defined in the Indenture as the Corporation’s bankruptcy under federal bankruptcy laws, whether voluntary or involuntary and, in the case of the Corporation’s involuntary bankruptcy, continuing for a period of 60
consecutive days) shall occur with respect to this Note, the principal of this Note may be declared due and payable in the manner and with the effect provided in the Indenture. THERE IS NO RIGHT OF ACCELERATION PROVIDED IN THE INDENTURE IN CASE OF A
DEFAULT IN THE PAYMENT OF PRINCIPAL OR INTEREST OR THE PERFORMANCE OF ANY OTHER COVENANT BY THE CORPORATION. 

  
 8 

 SECTION 9. Modifications and Waivers. The Indenture permits, with certain exceptions as
therein provided, the amendment thereof and the modification of the rights and obligations of the Corporation and the rights of the holders of the Notes under the Indenture at any time by the Corporation with the consent of the holders of not less
than 66 2/3% in aggregate principal amount of the Notes then outstanding and all other Securities then outstanding under the Indenture and affected by such amendment and modification. The Indenture also contains provisions permitting the holders of
a majority in aggregate principal amount of the Notes then outstanding and all other Securities then outstanding under the Indenture and affected thereby, on behalf of the holders of all such Securities, to waive compliance by the Corporation with
certain provisions of the Indenture and certain past defaults under the Indenture and their consequences. Any such consent or waiver by the holder of this Note shall be conclusive and binding upon such holder and upon all future holders of this Note
and of any Note issued upon the registration of transfer hereof or in exchange herefor or in lieu hereof whether or not notation of such consent or waiver is made upon this Note. 

No recourse shall be had for the payment of the principal of or the interest on this Note, or for any claim based hereon, or otherwise in
respect hereof, or based on or in respect of the Indenture or any indenture supplemental thereto, against any incorporator, stockholder, officer, or director, as such, past, present, or future, of the Corporation or any predecessor or successor
corporation, whether by virtue of any constitution, statute, or rule of law, or by the enforcement of any assessment or penalty or otherwise, all such liability being, by the acceptance hereof and as part of the consideration for issue hereof,
expressly waived and released. 
 SECTION 10. Obligations Unconditional. No reference herein to the Indenture and no provision of
this Note or of the Indenture shall alter or impair the obligation of the Corporation, which is absolute and unconditional, to pay the principal of and interest on this Note at the times, place, and rate, and in the coin or currency, herein
prescribed. 
 SECTION 11. Authorized Denominations. The Notes are issuable only as registered Notes without coupons in the
denominations of $            and any whole multiples of $            . As provided in the Indenture, and subject to certain
limitations therein set forth, the Notes are exchangeable for a like aggregate principal amount of Notes of different authorized denominations, as requested by the holder surrendering the same. 

SECTION 12. Registration of Transfer. As provided in the Indenture and subject to certain limitations therein set forth, the transfer
of this Note may be registered on the Security Register or registry of the Corporation relating to the Notes, upon surrender of this Note for registration of transfer at the office or agency of the Corporation designated by it pursuant to the
Indenture, duly endorsed by, or accompanied by a written instrument of transfer in form satisfactory to the Corporation and the Trustee or the Security Registrar duly executed by, the registered holder hereof or his attorney duly authorized in
writing, and thereupon one or more new Notes, of authorized denominations and for the same aggregate principal amount, will be issued to the designated transferee or transferees. 

[If the Notes are to be issued and outstanding pursuant to a book-entry system, the following paragraph is applicable:] 

The Notes are being issued by means of a book-entry system with no physical distribution of certificates to be made except as provided in the
Indenture. The book-entry system maintained by DTC will evidence ownership of the Notes, with transfers of ownership effected on the records of DTC and its participants pursuant to rules and procedures established by DTC and its participants. The
Corporation will recognize Cede & Co., as nominee of DTC, while the registered holder of the Notes, as the owner of the Notes for all purposes, including payment of principal, premium (if any) and interest, notices, and voting. Transfer of
the principal, premium (if any), and interest to beneficial owners of the Notes by participants of DTC will be the responsibility of such participants and other nominees of such beneficial owners. So long as the book-entry system is in effect, the
selection of any Notes to be redeemed will be determined by DTC pursuant to rules and procedures established by DTC and its participants. The Corporation will not be responsible or liable for such transfers or payments or for maintaining,
supervising, or reviewing the records maintained by DTC, its participants, or persons acting through such participants. 
 [If the Notes
may be settled through depositories located in Europe, the following paragraph is applicable:] 
 Transfers of Notes outside of the
United States may be effected through the facilities of Clearstream Banking, société anonyme, Luxembourg, and Euroclear Bank, SA/NV, in accordance with the rules and procedures established by such depositories. 

  
 9 

 No service charge will be made for any such registration of transfer or exchange, but the
Corporation may require payment of a sum sufficient to cover any tax, assessment, or other governmental charge, including, without limitation, any withholding tax, payable in connection therewith. 

Prior to due presentment for registration of transfer of this Note, the Corporation, the Trustee, the Issuing and Paying Agent, and any agent
of the Corporation may treat the person in whose name this Note is registered as the absolute owner hereof for the purpose of receiving payment as herein provided and for all other purposes, whether or not this Note be overdue, and neither the
Corporation, the Trustee, the Issuing and Paying Agent, nor any such agent of the Corporation shall be affected by notice to the contrary. 

SECTION 13. Authentication Date. The Notes of this Series shall be dated the date of their authentication. 

SECTION 14. Defined Terms. All terms used in this Note which are not defined herein, but are defined in the Indenture shall have the
meanings assigned to them in the Indenture. 
 SECTION 15. Governing Law. THIS NOTE SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE
WITH THE LAWS OF THE STATE OF NEW YORK, WITHOUT GIVING EFFECT TO PRINCIPLES OF CONFLICTS OF LAWS. 

  
 10 

 ABBREVIATIONS 

The following abbreviations, when used in the inscription on the face of the within Note shall be construed as though they were written out in
full according to applicable laws or regulations: 
  

	 	TEN COM—	as tenants in common 

	 	TEN ENT—	as tenants by the entireties 

	 	JT TEN—	as joint tenants with right of survivorship and not as tenants in common 

	 	UNIF	GIFT MIN ACT—
                                as Custodian for
                                        

(Cust)                      
                                         
          (Minor) 
 Under Uniform Gifts to Minors Act 

(State) 
 Additional abbreviations
may also be used though not in the above list. 
  

 
 ASSIGNMENT 

FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s) unto 

[PLEASE PRINT OR TYPEWRITE NAME AND ADDRESS 

INCLUDING ZIP CODE, OF ASSIGNEE] 
  

 
  

 
  

 
 Please Insert Social Security or Other 

Identifying Number of Assignee:
                                         
    
 the within Note and all rights thereunder, hereby irrevocably constituting and appointing
                                Attorney to transfer said Note on the books of the
Corporation, with full power of substitution in the premises. 
  

											
	Dated:                                   
                              		  
		

 NOTICE: The signature to this assignment must correspond with the name as it appears upon the face of the within Note in every
particular, without alteration or enlargement or any change whatever and must be guaranteed. 

  
 11

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