Document:

exv10w2

Exhibit 10.2

 FORM OF 

CORRECTIONS CORPORATION OF AMERICA

RESTRICTED STOCK AGREEMENT

(Directors)

     THIS RESTRICTED STOCK AGREEMENT (this “Agreement”) is made and entered into as of the ____ day
of ______, 20__ (the “Grant Date”), between Corrections Corporation of America, a Maryland
corporation (the “Company”), and ____________ (the “Recipient”).

     WHEREAS, the Company has adopted the
Corrections Corporation of America Amended and Restated 2008 Stock Incentive Plan (the “Plan”), which permits the
issuance of restricted shares of the Company’s common stock, par value $0.01 per share (the “Common
Stock”); and

     WHEREAS, pursuant to the Plan, the Committee responsible for administering the Plan has
granted an award of restricted shares to the Recipient as provided herein.

     NOW, THEREFORE, in consideration of the mutual covenants hereinafter set forth and for other
good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the
parties hereto, intending to be legally bound hereby, agree as follows:

     1. Definitions. Except as provided in this Agreement, or unless the context otherwise
requires, the terms used herein shall have the same meaning as in the Plan.

     2. Award of Restricted Shares.

          (a) The Company hereby grants to the Recipient an award (the “Award”) of ______ restricted
shares of Common Stock (the “Shares” or the “Restricted Shares”) on the terms and conditions set
forth in this Agreement and as otherwise provided in the Plan.

          (b) The Recipient’s rights with respect to the Award shall remain forfeitable at all times
prior to the dates on which the restrictions shall lapse in accordance with Sections 3
and 4 hereof.

     3. Terms and Rights as a Stockholder.

          (a) Except as provided herein and subject to such other exceptions as may be determined by the
Committee in its discretion, the Shares shall vest in accordance with Schedule A attached hereto
and made a part hereof, provided that Recipient is a director of the Company at all times following
the Grant Date and prior to and on the Vesting Dates (the “Vesting Period”). If at any time during
the Vesting Period, the Recipient ceases to be a director of the Company for any reason other than
as a result of the death or Disability of the Recipient, all of the unvested Shares held by the
Recipient shall immediately and automatically be forfeited to the Company without monetary
consideration and shall be automatically canceled and retired. If (i) Recipient shall die while
serving as a director of the Company, (ii) Recipient’s service as a director of the Company shall
terminate by reason of Disability, or (iii) there occurs a Change in Control, then in any such case
all Shares shall become immediately vested and nonforfeitable.

 

 

          (b) The Recipient shall have all rights of a stockholder with respect to the Restricted
Shares, including the right to receive dividends and the right to vote such Shares, subject to the
following restrictions:

               (i) the Recipient shall not be entitled to the removal of the restricted legends or restricted
account notices or to delivery of the stock certificate (if any) for any Shares until the
expiration of the Vesting Period as to such Shares and the fulfillment of any other restrictive
conditions set forth herein; and

               (ii) none of the Restricted Shares may be sold, assigned, transferred, pledged, hypothecated
or otherwise encumbered or disposed of during the Vesting Period as to such Shares and until the
fulfillment of any other restrictive conditions set forth herein.

          
(c) Any Shares, any other securities of the Company and any other property (except for cash
dividends) distributed with respect to the Restricted Shares shall be subject to the same
restrictions, terms and conditions as such Restricted Shares.

     4. Termination of Restrictions. Following the termination of the Vesting Period, and
provided that all other restrictive conditions set forth herein have been met, all restrictions set
forth in this Agreement or in the Plan relating to the Restricted Shares shall lapse and a stock
certificate for the appropriate number of Shares, free of the restrictions and restrictive stock
legend, shall, upon request, be delivered to the Recipient or the Recipient’s legal representative,
as the case may be, pursuant to the terms of this Agreement (or, in the case of book-entry Shares,
such restrictions and restricted stock legend shall be removed from the confirmation and account
statements delivered to the Recipient in book-entry form).

     5. Delivery of Shares.

          (a) As of the date hereof, certificates representing the Restricted Shares may be registered
in the name of the Recipient and held by the Company or transferred to a custodian appointed by the
Company for the account of the Recipient subject to the terms and conditions of the Plan and shall
remain in the custody of the Company or such custodian until their delivery to the Recipient or
Recipient’s legal representative as set forth in Sections 5(b) and (c) hereof or
their forfeiture or reversion to the Company as set forth in Section 3(a) hereof. The
Committee may, in its discretion, provide that Recipient’s ownership of Restricted Shares prior to
the lapse of any transfer restrictions or any other applicable restrictions shall, in lieu of such
certificates, be evidenced by a “book entry” (i.e. a computerized or manual entry) in the records
of the Company or its designated agent in accordance with and subject to the applicable provisions
of the Plan.

          (b) If certificates shall have been issued as permitted in Section 5(a) above, the
certificates representing Restricted Shares in respect of which the Vesting Period has lapsed
pursuant to this Agreement shall be delivered to the Recipient upon request following the date on
which the restrictions on such Restricted Shares lapse.

2

 

          (c) If certificates shall have been issued as permitted in Section 5(a) above, the
certificates representing Restricted Shares in respect of which the Vesting Period lapsed upon the
Recipient’s death shall be delivered to the executors or administrators of the Recipient’s estate
as soon as practicable following the receipt of proof of the Recipient’s death satisfactory to the
Company.

          (d) Any certificate representing Restricted Shares shall bear (and confirmation and account
statements sent to a Recipient with respect to book-entry Shares may bear) a legend in
substantially the following form or substance:

THE SHARES OF STOCK REPRESENTED BY THIS CERTIFICATE MAY NOT BE SOLD, TRANSFERRED,
PLEDGED OR OTHERWISE DISPOSED OF WITHOUT REGISTRATION UNDER THE SECURITES ACT OF
1933 AND UNDER APPLICABLE BLUE SKY LAW OR UNLESS SUCH SALE, TRANSFER, PLEDGE OR
OTHER DISPOSITION IS EXEMPT FROM REGISTRATION THEREUNDER.

THIS CERTIFICATE AND THE SHARES OF STOCK REPRESENTED HEREBY ARE SUBJECT TO THE TERMS
AND CONDITIONS (INCLUDING FORFEITURE AND RESTRICTIONS AGAINST TRANSFER) CONTAINED IN
THE CORRECTIONS CORPORATION OF AMERICA AMENDED AND RESTATED 2008 STOCK INCENTIVE
PLAN (THE “PLAN”) AND THE RESTRICTED STOCK AGREEMENT (THE “AGREEMENT”) BETWEEN THE
OWNER OF THE RESTRICTED SHARES REPRESENTED HEREBY AND CORRECTIONS CORPORATION OF
AMERICA (THE “COMPANY”). THE RELEASE OF SUCH SHARES FROM SUCH TERMS AND CONDITIONS
SHALL BE MADE ONLY IN ACCORDANCE WITH THE PROVISIONS OF THE PLAN AND THE AGREEMENT
AND ALL OTHER APPLICABLE POLICIES AND PROCEDURES OF THE COMPANY, COPIES OF WHICH ARE
ON FILE AT THE COMPANY.

          (e) The Recipient acknowledges that the Company is under no obligation to register (or
maintain the registration of) the Shares or to comply with any exemption available for sale of the
Shares without registration. The company is under no obligation to act in any manner so as to make
Rule 144 promulgated under the Securities Act of 1933 available with respect to sales of the
Shares.

     6. Effect of Lapse of Restrictions. To the extent that the Vesting Period applicable
to any Restricted Shares shall have lapsed, the Recipient may receive, hold, sell or otherwise
dispose of such Shares free and clear of the restrictions imposed under the Plan and this Agreement
upon compliance with applicable legal requirements.

     7. No Right to Continued Service. This Agreement shall not be construed as giving
Recipient the right to continue to serve as a director of the Company, and the Company may at any
time dismiss Recipient from service as a director, free from any liability or any claim under the
Plan.

3

 

     8. Adjustments. The Committee may make equitable and proportionate adjustments in the
terms and conditions of, and the criteria included in, this Award in recognition of unusual or
nonrecurring events (and shall make adjustments for the events described in Section 4.2 of
the Plan) affecting the Company or the financial statements of the Company or of changes in
applicable laws, regulations, or accounting principles in accordance with the Plan whenever the
Committee determines that such events affect the Shares. Any such adjustments shall be effected in
a manner that precludes the material enlargement of rights and benefits under this Award.

     9. Amendment to Award. Subject to the restrictions contained in the Plan, the
Committee may waive any conditions or rights under, amend any terms of, or alter, suspend,
discontinue, cancel or terminate, the Award, prospectively or retroactively; provided that any such
waiver, amendment, alteration, suspension, discontinuance, cancellation or termination that would
materially and adversely affect the rights of the Recipient or any holder or beneficiary of the
Award shall not to that extent be effective without the consent of the Recipient, holder or
beneficiary affected.

     10. Plan Governs. The Recipient hereby acknowledges receipt of (or electronic link
to) a copy of the Plan and agrees to be bound by all the terms and provisions thereof. The terms
of this Agreement are governed by the terms of the Plan, and in the case of any inconsistency
between the terms of this Agreement and the terms of the Plan, the terms of the Plan shall govern.

     11. Severability. If any provision of this Agreement is, or becomes, or is deemed to
be invalid, illegal, or unenforceable in any jurisdiction or as to any Person or the Award, or
would disqualify the Plan or Award under any laws deemed applicable by the Committee, such
provision shall be construed or deemed amended to conform to the applicable laws, or if it cannot
be construed or deemed amended without, in the determination of the Committee, materially altering
the intent of the Plan or the Award, such provision shall be stricken as to such jurisdiction,
Person or Award, and the remainder of the Plan and Award shall remain in full force and effect.

     12. Notices. Except as otherwise specified herein, all notices and other
communications under this Agreement shall be in writing and shall be deemed to have been given if
personally delivered or if sent by registered or certified United States mail, return receipt
requested, postage prepaid, addressed to the proposed recipient at the last known address of such
recipient. Any party may designate any other address to which notices shall be sent by giving
notice of such address to the other parties in the same manner provided herein.

     13. Governing Law. The validity, construction and effect of this Agreement shall be
determined in accordance with the laws of the State of Maryland without giving effect to conflicts
of laws principles thereof; provided, however, the Shares may not be sold except, in the reasonable
judgment of the Committee, in compliance with exemptions under applicable state securities laws of
the state in which Recipient resides, and/or any other applicable securities laws.

4

 

     14. Successors in Interest. This Agreement shall inure to the benefit of and be
binding upon any heirs, legal representatives, successors and permitted assigns of the parties.

     15. Resolution of Disputes. Any dispute or disagreement which may arise under, or as
a result of, or in any way related to, the interpretation, construction or application of this
Agreement shall be determined by the Committee. Any determination made hereunder shall be final,
binding and conclusive on the Recipient and the Company for all purposes.

     16. Entire Agreement. Subject to the terms and conditions of the Plan, this Agreement
expresses the entire understanding and agreement of the parties hereto with respect to such terms,
restrictions and limitations. This Agreement may be executed in two or more counterparts, each of
which shall be deemed an original but all of which shall constitute one and the same instrument.
Facsimile signatures shall constitute original signatures for purposes of this Agreement.

     17. Violation. Any transfer, pledge, sale, assignment or hypothecation of the Shares
except in accordance with this Agreement shall be a violation of the terms hereof and shall be void
and without effect.

     18. Headings. Section headings used herein are for convenience of reference only and
shall not be considered in interpreting this Agreement.

     19. Specific Performance. In the event of any actual or threatened default in, or
breach of, any of the terms, conditions and provisions of this Agreement, the party or parties who
are thereby aggrieved shall have the right to specific performance and injunction in addition to
any and all other rights and remedies at law or in equity, and all such rights and remedies shall
be cumulative.

(remainder of page left blank intentionally)

5

 

IN WITNESS WHEREOF, the parties have caused this Agreement to be duly executed effective as of
the day and year first above written.

	 	 	 	 	 
	 	CORRECTIONS CORPORATION OF AMERICA

 	 
	 	By:  	 	 
	 	 	Title:	 	 

	 	 	 	 	 
	 	RECIPIENT:

 	 
	 	Signature:  	 	 

	 	 	 	 	 
	 	Name  	 
	 	(printed):  	 	 
	 	 	 	 

6

 

	 	 	 	 	 

Schedule A

Vesting

The Shares shall vest in full on the date that is one year after the Grant Date.

7exv4w1

Exhibit 4.1

 

NEWELL RUBBERMAID INC.,

as Issuer

and

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

as Trustee

 

INDENTURE

Dated as of ___________, 2011

 

Providing for issuance of Unsubordinated Debt Securities in Series

 

 

 

Cross-Reference Table*

	 	 	 	 	 

	Section of Trust Indenture Act of 1939, as amended
	 	Section of Indenture
	 
	 	 	 	 
	SECTION 310(a)(1)
	 	 	607
	(a)(2)
	 	 	607
	(a)(3)
	 	Not Applicable
	(a)(4)
	 	Not Applicable
	(b) 608
	 	 	 	 
	 
	 	 	 	 
	SECTION 311(a)
	 	 	612
	(b)
	 	 	612
	 
	 	 	 	 
	SECTION 312(a)
	 	 	701
	(b)
	 	 	701
	(c)
	 	 	701
	 
	 	 	 	 
	SECTION 313(a)
	 	 	702
	(b)
	 	 	702
	(c)
	 	 	702
	(d)
	 	 	702
	 
	 	 	 	 
	SECTION 314(a)
	 	 	703, 1004
	(b)
	 	Not Applicable
	(c)(1)
	 	 	102
	(c)(2)
	 	 	102
	(c)(3)
	 	Not Applicable
	(d)
	 	Not Applicable
	(e)
	 	 	102
	 
	 	 	 	 
	SECTION 315(a)
	 	 	601
	(b)
	 	 	602
	(c)
	 	 	601
	(d)
	 	 	601
	 
	 	 	 	 
	SECTION 316(a)(1)(A)
	 	 	502, 512
	(a)(1)(B)
	 	 	513
	(a)(2)
	 	Not Applicable
	(b)
	 	 	508
	(c)
	 	 	104(e); 1505	(a)

 

			
	*	 	Note: This Cross-Reference Table shall not, for any purpose, be deemed to be a part of the Indenture.

 

 

	 	 	 	 	 

	SECTION 317(a)(1)
	 	 	503
	(a)(2)
	 	 	504
	(b)
	 	 	1003
	 
	 	 	 	 
	SECTION 318(a)
	 	 	107

 

 

Table of Contents

	 	 	 	 	 
	 	 	Page	 
	 
	 	 	 	 
	ARTICLE ONE DEFINITIONS AND OTHER PROVISIONS OF GENERAL APPLICATION
	 	 	1	 
	SECTION 101. Definitions
	 	 	1	 
	SECTION 102. Compliance Certificates and Opinions
	 	 	11	 
	SECTION 103. Form of Documents Delivered to Trustee
	 	 	11	 
	SECTION 104. Acts of Holders
	 	 	12	 
	SECTION 105. Notices, etc. to Trustee and Company
	 	 	14	 
	SECTION 106. Notice to Holders; Waiver
	 	 	15	 
	SECTION 107. Conflict with Trust Indenture Act
	 	 	15	 
	SECTION 108. Effect of Headings and Table of Contents
	 	 	16	 
	SECTION 109. Successors and Assigns
	 	 	16	 
	SECTION 110. Separability Clause
	 	 	16	 
	SECTION 111. Benefits of Indenture
	 	 	16	 
	SECTION 112. Governing Law; Waiver of Trial by Jury
	 	 	16	 
	SECTION 113. Legal Holidays
	 	 	16	 
	 
	 	 	 	 
	ARTICLE TWO SECURITY FORMS
	 	 	17	 
	SECTION 201. Forms Generally
	 	 	17	 
	SECTION 202. Form of Trustee’s Certificate of Authentication
	 	 	17	 
	SECTION 203. Securities Issuable in Global Form
	 	 	18	 
	 
	 	 	 	 
	ARTICLE THREE THE SECURITIES
	 	 	18	 
	SECTION 301. Amount Unlimited; Issuable in Series
	 	 	18	 
	SECTION 302. Denominations
	 	 	22	 
	SECTION 303. Execution, Authentication, Delivery and Dating
	 	 	22	 
	SECTION 304. Temporary Securities
	 	 	25	 
	SECTION 305. Registration of Transfer and Exchange
	 	 	27	 
	SECTION 306. Mutilated, Destroyed, Lost and Stolen Securities
	 	 	30	 
	SECTION 307. Payment of Interest; Interest Rights Preserved; Optional Interest Reset
	 	 	31	 
	SECTION 308. Persons Deemed Owners
	 	 	33	 
	SECTION 309. Cancellation
	 	 	34	 
	SECTION 310. Computation of Interest
	 	 	34	 
	 
	 	 	 	 
	-i-

 

 

Table of Contents
(continued)

	 	 	 	 	 
	 	 	Page
	 
	 	 	 	 
	SECTION 311. Securities in Foreign Currencies
	 	 	35	 
	SECTION 312. Appointment and Resignation of Successor Exchange Rate Agent 
	 	 	35	 
	SECTION 313. CUSIP, CINS and ISIN Numbers
	 	 	35	 
	 
	 	 	 	 
	ARTICLE FOUR SATISFACTION AND DISCHARGE
	 	 	36	 
	SECTION 401. Satisfaction and Discharge of Indenture
	 	 	36	 
	SECTION 402. Application of Trust Money
	 	 	37	 
	 
	 	 	 	 
	ARTICLE FIVE REMEDIES
	 	 	37	 
	SECTION 501. Events of Default
	 	 	37	 
	SECTION 502. Acceleration of Maturity; Rescission and Annulment
	 	 	39	 
	SECTION 503. Collection of Indebtedness and Suits for Enforcement by Trustee 
	 	 	40	 
	SECTION 504. Trustee May File Proofs of Claim
	 	 	41	 
	SECTION 505. Trustee May Enforce Claims Without Possession of Securities
	 	 	42	 
	SECTION 506. Application of Money Collected
	 	 	42	 
	SECTION 507. Limitation on Suits
	 	 	42	 
	SECTION 508. Unconditional Right of Holders to Receive Principal, Premium and Interest
	 	 	43	 
	SECTION 509. Restoration of Rights and Remedies
	 	 	43	 
	SECTION 510. Rights and Remedies Cumulative
	 	 	43	 
	SECTION 511. Delay or Omission Not Waiver
	 	 	44	 
	SECTION 512. Control by Holders
	 	 	44	 
	SECTION 513. Waiver of Past Defaults
	 	 	44	 
	SECTION 514. Waiver of Stay or Extension Laws
	 	 	44	 
	 
	 	 	 	 
	ARTICLE SIX THE TRUSTEE
	 	 	45	 
	SECTION 601. Duties of Trustee
	 	 	45	 
	SECTION 602. Notice of Defaults
	 	 	46	 
	SECTION 603. Certain Rights of Trustee
	 	 	46	 
	SECTION 604. Trustee Not Responsible for Recitals or Issuance of Securities
	 	 	48	 
	SECTION 605. May Hold Securities
	 	 	48	 
	 
	 	 	 	 
	-ii-

 

 

Table of Contents
(continued)

	 	 	 	 	 
	 	 	Page
	 
	 	 	 	 
	SECTION 606. Money Held in Trust
	 	 	48	 
	SECTION 607. Compensation and Reimbursement
	 	 	48	 
	SECTION 608. Corporate Trustee Required; Eligibility; Disqualification
	 	 	49	 
	SECTION 609. Resignation and Removal; Appointment of Successor
	 	 	50	 
	SECTION 610. Acceptance of Appointment by Successor
	 	 	51	 
	SECTION 611. Merger, Conversion, Consolidation or Succession to Business
	 	 	52	 
	SECTION 612. Appointment of Authenticating Agent
	 	 	52	 
	SECTION 613. Preferential Collection of Claims Against Company
	 	 	54	 
	 
	 	 	 	 
	ARTICLE SEVEN            HOLDERS’ LISTS AND REPORTS BY TRUSTEE AND COMPANY
	 	 	54	 
	SECTION 701. Disclosure of Names and Addresses of Holders; Company to Furnish Trustee Names and Addresses of Holders
	 	 	54	 
	SECTION 702. Reports by Trustee
	 	 	54	 
	SECTION 703. Reports by Company
	 	 	55	 
	 
	 	 	 	 
	ARTICLE EIGHT CONSOLIDATION, MERGER, CONVEYANCE, TRANSFER OR LEASE
	 	 	56	 
	SECTION 801. Company May Consolidate, etc., Only on Certain Terms
	 	 	56	 
	SECTION 802. Successor Person Substituted
	 	 	56	 
	SECTION 803. Assignment of Rights
	 	 	57	 
	 
	 	 	 	 
	ARTICLE NINE SUPPLEMENTAL INDENTURES
	 	 	57	 
	SECTION 901. Supplemental Indentures Without Consent of Holders
	 	 	57	 
	SECTION 902. Supplemental Indentures with Consent of Holders
	 	 	58	 
	SECTION 903. Execution of Supplemental Indentures
	 	 	59	 
	SECTION 904. Effect of Supplemental Indentures
	 	 	60	 
	SECTION 905. Conformity with Trust Indenture Act
	 	 	60	 
	SECTION 906. Reference in Securities to Supplemental Indentures
	 	 	60	 
	SECTION 907. Notice of Supplemental Indentures
	 	 	60	 
	 
	 	 	 	 
	ARTICLE TEN COVENANTS
	 	 	60	 
	SECTION 1001. Payment of Principal, Premium, if any, and Interest
	 	 	60	 
	SECTION 1002. Maintenance of Office or Agency
	 	 	61	 
	 
	 	 	 	 
	-iii-

 

 

Table of Contents
(continued)

	 	 	 	 	 
	 	 	Page
	 
	 	 	 	 
	SECTION 1003. Money for Securities Payments to Be Held in Trust
	 	 	62	 
	SECTION 1004. Statement as to Compliance
	 	 	63	 
	SECTION 1005. Additional Amounts
	 	 	63	 
	SECTION 1006. Corporate Existence
	 	 	64	 
	SECTION 1007. Limitations on Liens
	 	 	64	 
	SECTION 1008. Waiver of Certain Covenants
	 	 	67	 
	 
	 	 	 	 
	ARTICLE ELEVEN REDEMPTION OF SECURITIES
	 	 	67	 
	SECTION 1101. Applicability of Article
	 	 	67	 
	SECTION 1102. Election to Redeem; Notice to Trustee
	 	 	67	 
	SECTION 1103. Selection by Trustee of Securities to Be Redeemed
	 	 	68	 
	SECTION 1104. Notice of Redemption
	 	 	68	 
	SECTION 1105. Deposit of Redemption Price
	 	 	69	 
	SECTION 1106. Securities Payable on Redemption Date
	 	 	70	 
	SECTION 1107. Securities Redeemed in Part
	 	 	71	 
	 
	 	 	 	 
	ARTICLE TWELVE SINKING FUNDS
	 	 	71	 
	SECTION 1201. Applicability of Article
	 	 	71	 
	SECTION 1202. Satisfaction of Sinking Fund Payments with Securities
	 	 	71	 
	SECTION 1203. Redemption of Securities for Sinking Fund
	 	 	72	 
	 
	 	 	 	 
	ARTICLE THIRTEEN REPAYMENT AT OPTION OF HOLDERS
	 	 	73	 
	SECTION 1301. Applicability of Article
	 	 	73	 
	SECTION 1302. Repayment of Securities
	 	 	73	 
	SECTION 1303. Exercise of Option
	 	 	73	 
	SECTION 1304. When Securities Presented for Repayment Become Due and Payable 
	 	 	74	 
	
SECTION 1305. Securities Repaid in Part
	 	 	74	 
	 
	 	 	 	 
	ARTICLE FOURTEEN            DEFEASANCE AND COVENANT DEFEASANCE
	 	 	75	 
	SECTION 1401. Company’s Option to Effect Defeasance or Covenant Defeasance

	 	 	75	 
	SECTION 1402. Defeasance and Discharge
	 	 	75	 
	SECTION 1403. Covenant Defeasance
	 	 	75	 
	SECTION 1404. Conditions to Defeasance or Covenant Defeasance
	 	 	76	 
	 
	 	 	 	 
	-iv-

 

 

Table of Contents
(continued)

	 	 	 	 	 
	 	 	Page
	 
	 	 	 	 
	SECTION 1405. Deposited Money and Government Obligations to Be Held in Trust; Other Miscellaneous Provisions
	 	 	78	 
	SECTION 1406. Reinstatement
	 	 	79	 
	SECTION 1407. Qualifying Trustee
	 	 	79	 
	 
	 	 	 	 
	ARTICLE FIFTEEN MEETINGS OF HOLDERS OF SECURITIES
	 	 	79	 
	SECTION 1501. Purposes for Which Meetings May Be Called
	 	 	79	 
	SECTION 1502. Call, Notice and Place of Meetings
	 	 	79	 
	SECTION 1503. Persons Entitled to Vote at Meetings
	 	 	80	 
	SECTION 1504. Quorum; Action
	 	 	80	 
	SECTION 1505. Determination of Voting Rights; Conduct and Adjournment of Meetings

	 	 	81	 
	SECTION 1506. Counting Votes and Recording Action of Meetings

	 	 	82	 
	 
	 	 	 	 
	-v-

 

 

INDENTURE, dated as of __________, 2011, between Newell Rubbermaid Inc., a corporation duly
organized and existing under the laws of the State of Delaware (the “Company”), having executive
offices located at Three Glenlake Parkway, Atlanta, Georgia 30328, and The Bank of New York Mellon
Trust Company, N.A., a national banking association duly organized and existing under the laws of
the United States, as Trustee (the “Trustee”).

RECITALS OF THE COMPANY

The Company has duly authorized the execution and delivery of this Indenture to provide for the
issuance from time to time of its unsecured debentures, notes or other evidences of indebtedness
(the “Securities”), to be issued in one or more series as in this Indenture provided. This
Indenture is subject to the provisions of the Trust Indenture Act of 1939, as amended, that are
required to be part of this Indenture and shall, to the extent applicable, be governed by such
provisions. All things necessary to make this Indenture a valid agreement of the Company, in
accordance with its terms, have been done.

NOW, THEREFORE, THIS INDENTURE WITNESSETH:

For and in consideration of the premises and the purchase of the Securities by the Holders thereof,
it is mutually covenanted and agreed, for the equal and proportionate benefit of all Holders of the
Securities or of any series thereof, as follows:

ARTICLE ONE

DEFINITIONS AND OTHER PROVISIONS OF GENERAL APPLICATION

SECTION 101. Definitions.

For all purposes of this Indenture, except as otherwise expressly provided or unless the context
otherwise requires:

(1) the terms defined in this Article have the meanings assigned to them in this Article and
include the plural as well as the singular;

(2) all other terms used herein which are defined in the Trust Indenture Act, either directly or by
reference therein, have the meanings assigned to them therein, and the terms “cash transaction” and
“self-liquidating paper,” as used in TIA Section 311, shall have the meanings assigned to them in
the rules of the Commission adopted under the Trust Indenture Act;

(3) all accounting terms not otherwise defined herein have the meanings assigned to them in
accordance with United States generally accepted accounting principles, and, except as otherwise
herein expressly provided, the term “generally accepted accounting principles” with respect to any
computation required or permitted hereunder shall mean such accounting principles as are generally
accepted at the date of such computation; and

(4) the words “herein,” “hereof” and “hereunder” and other words of similar import refer to this
Indenture as a whole and not to any particular Article, Section or other subdivision; and

 

 

(5) the word “or” is always used inclusively (for example, the phrase “A” or “B” means “A or B or
both” and not “either A or B but not both”).

Certain terms are defined in certain other Articles hereof (principally Article Three).

“Act,” when used with respect to any Holder, has the meaning specified in Section 104.

“Additional Amounts” has the meaning specified in Section 1005.

“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” of any specified Person means the power to direct 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.

“Authenticating Agent” means any Person authorized by the Trustee pursuant to Section 612 to act on
behalf of the Trustee to authenticate Securities.

“Authorized Newspaper” means a newspaper, in the English language or in an official language of the
country of publication, customarily published on each Business Day, whether or not published on
Saturdays, Sundays or holidays, and of general circulation in each place in connection with which
the term is used or in the financial community of each such place. Where successive publications
are required to be made in Authorized Newspapers, such publications may be made in the same or in
different newspapers in the same city meeting the foregoing requirements and in each case on any
Business Day.

“Bearer Security” means any Security except a Registered Security.

“Board of Directors” means either the board of directors of the Company or any duly authorized
committee of such board.

“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,” when used with respect to any Place of Payment or any other particular location
referred to in this Indenture or in the Securities, means, unless otherwise specified with respect
to any Securities pursuant to Section 301, each Monday, Tuesday, Wednesday, Thursday and Friday
which is not a day on which banking institutions in that Place of Payment or other location are
authorized or obligated by law or executive order to close.

“Clearstream” means Clearstream Banking, S.A.

“Commission” means the Securities and Exchange Commission, as from time to time constituted,
created under the Securities Exchange Act of 1934, as amended, or, if at any time after the
execution of this Indenture such Commission is not existing and performing the duties

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now assigned to it under the Trust Indenture Act, then the body performing such duties at such
time.

“Company” means the Person named as the “Company” in the first paragraph of this Indenture until a
successor Person shall have become such pursuant to the applicable provisions of this Indenture,
and thereafter “Company” shall mean such successor Person.

“Company Request” or “Company Order” means a written request or order signed in the name of the
Company by its Chairman, its Vice Chairman, its President, any Vice President, its Treasurer or an
Assistant Treasurer, and delivered to the Trustee.

“Conversion Event” means the cessation of use of (i) a Foreign Currency both by the government of
the country which issued such Currency and by a central bank or other public institution of or
within the international banking community for the settlement of transactions, or (ii) any currency
unit (or composite currency) for the purposes for which it was established.

“Consolidated Total Assets” means the total of all the assets appearing on the consolidated balance
sheet of the Company and its Subsidiaries determined in accordance with generally accepted
accounting principles applicable to the type of business in which the Company and such Subsidiaries
are engaged, and may be determined as of a date not more than sixty days prior to the happening of
the event for which such determination is being made.

“Corporate Trust Office” means the designated office of the Trustee at which the corporate trust
business of the Trustee shall at any particular time be administered, which office at the date of
original execution of this Indenture is located at 900 Ashwood Parkway, Suite 425, Atlanta, Georgia
30338, Attention: Corporate Finance.

“Coupon” means any interest coupon appertaining to a Bearer Security.

“covenant defeasance” has the meaning specified in Section 1403.

“Currency” means any currency or currencies, composite currency or currency unit or currency units
issued by the government of one or more countries or by any recognized confederation or association
of such governments as legal tender for the payment of public and private debts.

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

“Defaulted Interest” has the meaning specified in Section 307.

“defeasance” has the meaning specified in Section 1402.

“Depository” means, with respect to any Security issuable or issued in the form of one or more
global Securities, the Person designated as Depository by the Company in or pursuant to this
Indenture, which Person must be, to the extent required by applicable law or regulation, a clearing
agency registered under the Securities Exchange Act of 1934, as amended, and, if so provided with
respect to any Security, any successor to such Person. If at any time there is more

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than one such Person, “Depository” shall mean, with respect to any Securities, the qualifying
entity which has been appointed with respect to such Securities.

“Dollar” or “$” means a dollar or other equivalent unit in such coin or currency of the United
States of America as at the time shall be legal tender for the payment of public and private debts.

“Euroclear” means Euroclear Bank, S.A./N.V., as operator of the Euroclear system.

“European Communities” means the European Economic Community, the European Coal and Steel Community
and the European Atomic Energy Community.

“European Monetary System” means the European Monetary System established by the Resolution of
December 5, 1978 of the Council of the European Communities.

“Event of Default” has the meaning specified in Section 501.

“Exchange Date” has the meaning specified in Section 304.

“Exchange Rate Agent” means, with respect to Securities of or within any series, unless otherwise
specified with respect to any Securities pursuant to Section 301, a New York Clearing House bank,
designated pursuant to Section 301 or Section 312.

“Exchange Rate Officer’s Certificate” means a tested telex, facsimile (with copy to follow by U.S.
mail) or a certificate setting forth (i) the applicable Market Exchange Rate and (ii) the Dollar or
Foreign Currency amounts of principal (and premium, if any) and interest, if any (on an aggregate
basis and on the basis of a Security having the lowest denomination principal amount determined in
accordance with Section 302 in the relevant Currency), payable with respect to a Security of any
series on the basis of such Market Exchange Rate, sent (in the case of a telex) or signed (in the
case of a facsimile or certificate) by the Treasurer, any Vice President or any Assistant Treasurer
of the Company.

“Federal Bankruptcy Code” means the Bankruptcy Act of Title 11 of the United States Code, as
amended from time to time.

“Foreign Currency” means any Currency other than Currency of the United States.

“Funded Debt” means any indebtedness which by its terms matures at or is extendable or renewable at
the sole option of the obligor without requiring the consent of the obligee to a date more than 12
months after the date of the creation of such indebtedness.

“Government Obligations” means, unless otherwise specified with respect to any series of Securities
pursuant to Section 301, securities which are (i) direct obligations of the government or
governments which issued the Currency in which the Securities of a particular series are payable or
(ii) obligations of a Person controlled or supervised by and acting as an agency or instrumentality
of the government or governments which issued the Currency in which the Securities of such series
are payable, the payment of which is unconditionally guaranteed by such government or governments,
which, in either case, are full faith and credit obligations of such government or governments
payable in such Currency and are not callable or redeemable at

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the option of the issuer or issuers thereof and shall also include a depository receipt issued by a
bank or trust company as custodian with respect to any such Government Obligation or a specific
payment of interest on or principal of or other amount with respect to any such Government
Obligation held by such custodian for the account of the holder of a depository receipt; provided
that (except as required by law) such custodian is not authorized to make any deduction from the
amount payable to the holder of such depository receipt from any amount received by the custodian
in respect of the Government Obligation or the specific payment of interest on or principal of or
other amount with respect to the Government Obligation evidenced by such depository receipt.

“Holder” means, in the case of a Registered Security, the Person in whose name a Security is
registered in the Security Register and, in the case of a Bearer Security, the bearer thereof and,
when used with respect to any Coupon, shall mean the bearer thereof.

“Indenture” means this instrument as originally executed and as it may from time to time be
supplemented or amended by one or more indentures supplemental hereto entered into pursuant to the
applicable provisions hereof, and shall include the terms of particular series of Securities
established as contemplated by Section 301; provided, however, that, if at any time more than one
Person is acting as Trustee under this instrument, “Indenture” shall mean, with respect to any one
or more series of Securities for which such Person is Trustee, this instrument as originally
executed or as it may from time to time be supplemented or amended by one or more indentures
supplemental hereto entered into pursuant to the applicable provisions hereof and shall include the
terms of particular series of Securities for which such Person is Trustee established as
contemplated by Section 301, exclusive, however, of any provisions or terms which relate solely to
other series of Securities for which such Person is not Trustee, regardless of when such terms or
provisions were adopted, and exclusive of any provisions or terms adopted by means of one or more
indentures supplemental hereto executed and delivered after such Person had become such Trustee but
to which such Person, as such Trustee, was not a party.

“Indexed Security” means a Security the terms of which provide that the principal amount thereof
payable at Stated Maturity and/or interest to be paid thereon may be determined by reference to the
exchange rate of one or more specified Currencies relative to an index or one or more equity or
other indices and/or formulae or the price of one or more specified commodities or by such other
methods or formulae as may be determined in accordance with this Indenture.

“Interest,” when used with respect to an Original Issue Discount Security which by its terms bears
interest only after Maturity, means interest payable after Maturity at the rate prescribed in such
Original Issue Discount Security.

“Interest Payment Date,” when used with respect to any Security, means the Stated Maturity of an
installment of interest on such Security.

“Lien” means, as to any Person, any mortgage, lien, collateral assignment, pledge, charge, security
interest or other encumbrance in respect of or on, or any interest or title of any vendor, lessor,
lender or other secured party to or of such Person under any conditional sale or other title
retention agreement, purchase money mortgage or Sale and Lease-back Transaction with respect to,
any property or asset (including without limitation income and rights thereto) of such Person

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(including without limitation capital stock of any Subsidiary of such Person) or the signing by
such Person and filing of a financing statement which names such Person as debtor or the signing of
any security agreement agreeing to file, or authorizing any other party as the secured party
thereunder to file, any financing statement.

“Market Exchange Rate” means, unless otherwise specified with respect to any Securities pursuant to
Section 301, (i) for any conversion involving a currency unit on the one hand and Dollars or any
Foreign Currency on the other, the exchange rate between the relevant currency unit and Dollars or
such Foreign Currency calculated by the method specified pursuant to Section 301 for the Securities
of the relevant series, (ii) for any conversion of Dollars into any Foreign Currency, the noon (New
York City time) buying rate for such Foreign Currency for cable transfers quoted in New York City
as certified for customs purposes by the Federal Reserve Bank of New York and (iii) for any
conversion of one Foreign Currency into Dollars or another Foreign Currency, the spot rate at noon
local time in the relevant market at which, in accordance with normal banking procedures, the
Dollars or Foreign Currency into which conversion is being made could be purchased with the Foreign
Currency from which conversion is being made from major banks located in either New York City,
London or any other principal market for Dollars or such purchased Foreign Currency, in each case
determined by the Exchange Rate Agent. Unless otherwise specified with respect to any Securities
pursuant to Section 301, in the event of the unavailability of any of the exchange rates provided
for in the foregoing clauses (i), (ii) and (iii), the Exchange Rate Agent shall use, in its sole
discretion and without liability on its part, such quotation of the Federal Reserve Bank of New
York as of the most recent available date, or quotations from one or more major banks in New York
City, London or another principal market for the Currency in question, or such other quotations as
the Exchange Rate Agent shall deem appropriate. Unless otherwise specified by the Exchange Rate
Agent, if there is more than one market for dealing in any Currency by reason of foreign exchange
regulations or otherwise, the market to be used in respect of such Currency shall be that upon
which a non-resident issuer of securities designated in such Currency would purchase such Currency
in order to make payments in respect of such securities.

“Maturity,” when used with respect to any Security, means the date on which the principal of such
Security or an installment of principal becomes due and payable as provided in or pursuant to this
Indenture, whether at the Stated Maturity or by declaration of acceleration, notice of redemption,
notice of option to elect repayment or otherwise.

“Notice of Default” has the meaning specified in Section 501(4).

“Officers’ Certificate” means a certificate signed by the Chairman, the Vice Chairman, the
President or a Vice President, and by the Treasurer, an Assistant Treasurer, the Secretary or an
Assistant Secretary of the Company, and delivered to the Trustee.

“Opinion of Counsel” means a written opinion of counsel, who may be counsel for the Company,
including an employee of the Company.

“Optional Reset Date” has the meaning specified in Section 307(b).

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“Original Issue Discount Security” means any Security which provides for an amount less than the
principal amount thereof to be due and payable upon acceleration of the Maturity thereof pursuant
to Section 502.

“Outstanding,” when used with respect to Securities, means, as of the date of determination, all
Securities theretofore authenticated and delivered under this Indenture except:

(i) Securities theretofore cancelled by the Trustee or delivered to the Trustee for cancellation;

(ii) Securities, or portions thereof, for whose payment or redemption or repayment money in the
necessary amount has been theretofore deposited with the Trustee or any Paying Agent (other than
the Company) in trust or set aside and segregated in trust by the Company (if the Company shall act
as its own Paying Agent) for the Holders of such Securities and any Coupons appertaining thereto;
provided that, if such Securities are to be redeemed, notice of such redemption has been duly given
pursuant to this Indenture or provision therefor satisfactory to the Trustee has been made;

(iii) Securities, except to the extent provided in Sections 1402 and 1403, with respect to which
the Company has effected defeasance and/or covenant defeasance as provided herein; and

(iv) Securities which have been paid pursuant to Section 306 or in exchange for or in lieu of which
other Securities have been authenticated and delivered pursuant to this Indenture, other than any
such Securities in respect of which there shall have been presented to the Trustee proof
satisfactory to it that such Securities are held by a bona fide purchaser in whose hands such
Securities are valid obligations of the Company;

provided, however, that in determining whether the Holders of the requisite principal amount of the
Outstanding Securities have given any request, demand, authorization, direction, notice, consent or
waiver hereunder or are present at a meeting of Holders for quorum purposes, and for the purpose of
making the calculations required by TIA Section 313, (a) the principal amount of an Original Issue
Discount Security that may be counted in making such determination or calculation and that shall be
deemed to be Outstanding for such purpose shall be equal to the amount of principal thereof that
would be (or shall have been declared to be) due and payable, at the time of such determination,
upon acceleration of the maturity thereof pursuant to Section 502, (b) the principal amount of any
Indexed Security that may be counted in making such determination and that shall be deemed
outstanding for such purpose shall be equal to the principal face amount of such Indexed Security
at original issuance, unless otherwise provided with respect to such Security pursuant to Section
301, and (c) Securities owned by the Company or any other obligor upon the Securities or any
Affiliate of the Company or of such other obligor shall be disregarded and deemed not to be
Outstanding, except that, in determining whether the Trustee shall be protected in making such
determination or calculation or in relying upon any such request, demand, authorization, direction,
notice, consent or waiver, only Securities which a Responsible Officer of the Trustee actually
knows to be so owned shall be so disregarded. Securities so owned which have been pledged in good
faith may be regarded as Outstanding if the pledgee establishes to the satisfaction of the Trustee
the pledgee’s right so to act with respect

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to such Securities and that the pledgee is not the Company or any other obligor upon the Securities
or any Affiliate of the Company or such other obligor.

“Paying Agent” means any Person (including the Company acting as Paying Agent) authorized by the
Company to pay the principal of (or premium, if any, on) or interest on any Securities on behalf of
the Company.

“Permitted Liens” means mechanics, materialmen, landlords, warehousemen and carriers liens and
other similar liens imposed by law securing obligations incurred in the ordinary course of business
which are not past due or which are being contested in good faith by appropriate proceedings and
for which appropriate reserves have been established; Liens under workmen’s compensation,
unemployment insurance, social security or similar legislation; liens, deposits, or pledges to
secure the performance of bids, tenders, contracts (other than contracts for the payment of money),
leases, public or statutory obligations, surety, stay, appeal, indemnity, performance or other
similar bonds, or other similar obligations arising in the ordinary course of business; judgment
and other similar liens arising in connection with court proceedings, provided the execution or
other enforcement of such liens is effectively stayed and the claims secured thereby are being
actively contested in good faith and by appropriate proceedings; and easements, rights-of-way,
restrictions and other similar encumbrances which, in the aggregate, do not materially interfere
with the occupation, use and enjoyment by the Company or any Subsidiary of the property or assets
encumbered thereby in the normal course of its business or materially impair the value of the
property subject thereto.

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

“Place of Payment” means, when used with respect to the Securities of or within any series, the
place or places where the principal of (and premium, if any, on) and interest on such Securities
are payable as specified pursuant to Sections 301 and 1002.

“Predecessor Security” of any particular Security means every previous Security evidencing all or a
portion of the same debt as that evidenced by such particular Security; and, for the purposes of
this definition, any Security authenticated and delivered under Section 306 in exchange for or in
lieu of a mutilated, destroyed, lost or stolen Security or a Security to which a mutilated,
destroyed, lost or stolen Coupon appertains shall be deemed to evidence the same debt as the
mutilated, destroyed, lost or stolen Security or the Security to which the mutilated, destroyed,
lost or stolen Coupon appertains, as the case may be.

“Principal Subsidiary” means, as of any date of determination thereof, any Subsidiary the
consolidated net revenues of which for the twelve-month period ending on the last day of the month
then most recently ended exceed 10% of consolidated net revenues of the Company for such period,
determined on a pro forma basis after giving effect to any acquisition or disposition of a
Subsidiary or a business effected on or prior to the determination date and after the beginning of
such twelve-month period (including acquisitions and dispositions accomplished through a purchase
or sale of assets or through a merger or consolidation).

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“Redemption Date,” when used with respect to any Security to be redeemed, in whole or in part,
means the date fixed for such redemption by or pursuant to this Indenture.

“Redemption Price,” when used with respect to any Security or portion thereof to be redeemed, means
the price at which it is to be redeemed pursuant to this Indenture.

“Registered Security” means any Security registered in the Security Register.

“Regular Record Date” for the interest payable on any Interest Payment Date on the Registered
Securities of or within any series means the date specified for that purpose as contemplated by
Section 301.

“Repayment Date” means, when used with respect to any Security to be repaid at the option of the
Holder, the date fixed for such repayment pursuant to this Indenture.

“Repayment Price” means, when used with respect to any Security to be repaid at the option of the
Holder, the price at which it is to be repaid pursuant to this Indenture.

“Reset Notice” has the meaning specified in Section 307(b).

“Responsible Officer,” when used with respect to the Trustee, means any vice president, any
assistant vice president, any assistant treasurer, any trust officer or assistant trust officer,
any associate or senior associate or any other officer of the Trustee customarily performing
functions similar to those performed by any of the above designated officers and also means, with
respect to a particular corporate trust matter, any other officer to whom such matter is referred
because of his knowledge of and familiarity with the particular subject and who, in each case,
shall have direct responsibility for the administration of this Indenture.

“Sale and Lease-back Transaction” means, with respect to any Person, any direct or indirect
arrangement with any other Person or to which any other Person is a party, providing for the
leasing to such Person of any property, whether now owned or hereafter acquired (except for
temporary leases for a term, including any renewal thereof, of not more than three years and except
for leases between the Company and a Subsidiary or between Subsidiaries), which has been or is to
be sold or transferred by such first Person to such other Person or to any Person to whom funds
have been or are to be advanced by such other Person on the security of such property.

“Securities” has the meaning stated in the first recital of this Indenture and more particularly
means any Securities authenticated and delivered under this Indenture; provided, however, that if
at any time there is more than one Person acting as Trustee under this Indenture, “Securities” with
respect to the Indenture as to which such Person is Trustee shall have the meaning stated in the
first recital of this Indenture and shall more particularly mean Securities authenticated and
delivered under this Indenture, exclusive, however, of Securities of any series as to which such
Person is not Trustee.

“Security Register” and “Security Registrar” have the respective meanings specified in Section 305.

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“Special Record Date” for the payment of any Defaulted Interest on the Registered Securities of or
within any series means a date fixed by the Trustee pursuant to Section 307.

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

“Subsequent Interest Period” has the meaning specified in Section 307(b).

“Subsidiary” means any corporation of which at the time of determination the Company, directly
and/or indirectly through one or more Subsidiaries, owns or controls directly or indirectly more
than 50% of the shares of Voting Stock.

“Trust Indenture Act” or “TIA” means the Trust Indenture Act of 1939 as in force at the date as of
which this Indenture was executed; provided, however, that in the event the Trust Indenture Act of
1939 is amended after such date, “Trust Indenture Act” or “TIA” shall mean, to the extent required
by any 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 with respect to one or more series of Securities pursuant
to the applicable provisions of this Indenture, and thereafter “Trustee” shall mean or include each
Person who is then a Trustee hereunder; provided, however, that if at any time there is more than
one such Person, “Trustee” as used with respect to the Securities of any series shall mean only the
Trustee with respect to Securities of that series.

“United States” means, unless otherwise specified with respect to any Securities pursuant to
Section 301, the United States of America (including the states and the District of Columbia), its
territories, its possessions and other areas subject to its jurisdiction.

“United States Person” means, unless otherwise specified with respect to any Securities pursuant to
Section 301, an individual who is a citizen or resident of the United States, a corporation,
partnership or other entity created or organized in or under the laws of the United States or an
estate or trust the income of which is subject to United States federal income taxation regardless
of its source.

“Value” shall mean, with respect to a Sale and Lease-back Transaction, as of any particular time,
the amount equal to the greater of (1) the net proceeds from the sale or transfer of the property
leased pursuant to such Sale and Lease-back Transaction or (2) the fair value in the opinion of the
Board of Directors, the Chairman of the Board, the Vice Chairman of the Board, the President or the
principal financial officer of the Company of such property at the time of entering into such Sale
and Lease-back Transaction, in either case multiplied by a fraction, the numerator of which shall
be equal to the number of full years of the term of the lease remaining at the time of
determination and the denominator of which shall be equal to the number of full years of such term,
without regard to any renewal or extension options contained in the lease.

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“Vice President,” when used with respect to the Company or the Trustee, means any vice president,
whether or not designated by a number or a word or words added before or after the title “vice
president”.

“Voting Stock” means stock of the class or classes having general voting power under ordinary
circumstances to elect at least a majority of the board of directors, managers or trustees of a
corporation (irrespective of whether or not at the time stock of any other class or classes shall
have or might have voting power by reason of the happening of any contingency).

“Yield to Maturity” means the yield to maturity, computed at the time of issuance of a Security
(or, if applicable, at the most recent redetermination of interest on such Security) and as set
forth in such Security in accordance with generally accepted United States bond yield computation
principles.

SECTION 102. Compliance Certificates and Opinions.

Upon any application or request by the Company to the Trustee to take any action under any
provision of this Indenture, the Company shall furnish to the Trustee an Officers’ Certificate
stating that all conditions precedent, if any, provided for in this Indenture (including any
covenant compliance with which constitutes a condition precedent) relating to the proposed action
have been complied with and an Opinion of Counsel stating that in the opinion of such counsel all
such conditions precedent, if any, have been complied with, except that in the case of any such
application or request as to which the furnishing of such documents is specifically required by any
provision of this Indenture relating to such particular application or request, no additional
certificate or opinion need be furnished. Every certificate or opinion with respect to compliance
with a covenant or condition provided for in this Indenture (except for certificates provided for
in Section 1004) shall include: (1) a statement that each individual signing such certificate or
opinion has read such covenant or condition and the definitions herein relating thereto; (2) a
brief statement as to the nature and scope of the examination or investigation upon which the
statements or opinions contained in such certificate or opinion are based; (3) a statement that, in
the opinion of each such individual, he has made such examination or investigation as is necessary
to enable him to express an informed opinion as to whether or not such covenant or condition has
been complied with; and (4) a statement as to whether, in the opinion of each such individual, such
covenant or condition has been complied with.

SECTION 103. Form of Documents Delivered to Trustee.

In any case where several matters are required to be certified by, or covered by an opinion of, any
specified Person, it is not necessary that all such matters be certified by, or covered by the
opinion of, only one such Person, or that they be so certified or covered by only one document, but
one such Person may certify or give an opinion with respect to some matters and one or more other
such Persons as to other matters, and any such Person may certify or give an opinion as to such
matters in one or several documents. Any certificate or opinion of an officer of the Company may
be based, insofar as it relates to legal matters, upon a certificate or opinion of, or
representations by, counsel, unless such officer knows, or in the exercise of reasonable care
should know, that the certificate or opinion or representations with respect to the matters upon
which his certificate or opinion is based are erroneous. Any such certificate or Opinion of

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Counsel or representation by counsel may be based, insofar as it relates to factual matters, upon a
certificate or opinion of, or representations by, an officer or officers of the Company stating
that the information with respect to such factual matters is in the possession of the Company,
unless such counsel knows, or in the exercise of reasonable care should know, that the certificate
or opinion or representations with respect to such matters are erroneous. Where any Person is
required to make, give or execute two or more applications, requests, consents, certificates,
statements, opinions or other instruments under this Indenture, they may, but need not, be
consolidated and form one instrument.

SECTION 104. Acts of Holders.

(a) Any request, demand, authorization, direction, notice, consent, waiver or other action provided
by this Indenture to be given or taken by Holders of the Outstanding Securities of all series or
one or more series, as the case may be, may be embodied in and evidenced by one or more instruments
of substantially similar tenor signed by such Holders in person or by agents duly appointed in
writing. Any request, demand, authorization, direction, notice, consent, waiver or other action
provided by or pursuant to this Indenture to be given or taken by Holders of Securities of such
series may, alternatively, be embodied in and evidenced by the record of Holders of Securities of
such series voting in favor thereof, either in person or by proxies duly appointed in writing, at
any meeting of Holders of Securities of such series duly called and held in accordance with the
provisions of Article Fifteen, or a combination of such instruments and any such record. Except as
herein otherwise expressly provided, such action shall become effective when such instrument or
instruments or record or both are delivered to the Trustee and, where it is hereby expressly
required, to the Company. Such instrument or instruments and any such record (and the action
embodied therein and evidenced thereby) are herein sometimes referred to as the “Act” of the
Holders signing such instrument or instruments or so voting at any such meeting. Proof of
execution of any such instrument or of a writing appointing any such agent, or of the holding by
any Person of a Security, shall be sufficient for any purpose of this Indenture and (subject to
Section 315 of the TIA) conclusive in favor of the Trustee and the Company, if made in the manner
provided in this Section. The record of any meeting of Holders of Securities shall be proved in
the manner provided in Section 1506.

Without limiting the generality of this Section 104, unless otherwise provided in or pursuant to
this Indenture, a Holder, including a Depository that is a Holder of a global Security, may make,
give or take, by a proxy, or proxies, duly appointed in writing, any request, demand,
authorization, direction, notice, consent, waiver or other action provided in or pursuant to this
Indenture to be made, given or taken by Holders, and a Depository that is a Holder of a global
Security may provide its proxy or proxies to the beneficial owners of interests in any such global
Security through such Depository’s standing instructions and customary practices.

The Trustee may fix a record date for the purpose of determining the Persons who are beneficial
owners of interest in any permanent global Security held by a Depository entitled under the
procedures of such Depository to make, give or take, by a proxy or proxies duly appointed in
writing, any request, demand, authorization, direction, notice, consent, waiver or other action
provided in or pursuant to this Indenture to be made, given or taken by Holders. If such a record
date is fixed, the Holders on such record date or their duly appointed proxy or proxies, and only
such Persons, shall be entitled to make, give or take such request, demand, authorization,

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direction, notice, consent, waiver or other action, whether or not such Holders remain Holders
after such record date. No such request, demand, authorization, direction, notice, consent, waiver
or other action shall be valid or effective if made, given or taken more than 90 days after such
record date.

(b) The fact and date of the execution by any Person of any such instrument or writing may be
proved by the affidavit of a witness of such execution or by a certificate of a notary public or
other officer authorized by law to take acknowledgments of deeds, certifying that the individual
signing such instrument or writing acknowledged to him the execution thereof. Where such execution
is by a signer acting in a capacity other than his individual capacity, such certificate or
affidavit shall also constitute sufficient proof of authority. The fact and date of the execution
of any such instrument or writing, or the authority of the Person executing the same, may also be
proved in any other manner which the Trustee deems sufficient.

(c) The ownership, principal amount and serial numbers of Registered Securities held by any Person,
and the date of holding the same, shall be proved by the Security Register.

(d) The ownership, principal amount and serial numbers of Bearer Securities held by any Person, and
the date of holding the same, may be proved by the production of such Bearer Securities or by a
certificate executed, as depositary, by any trust company, bank, banker or other depositary,
wherever situated, if such certificate shall be deemed by the Trustee to be satisfactory, showing
that at the date therein mentioned such Person had on deposit with such depositary, or exhibited to
it, the Bearer Securities therein described; or such facts may be proved by the certificate or
affidavit of the Person holding such Bearer Securities, if such certificate or affidavit is deemed
by the Trustee to be satisfactory. The Trustee and the Company may assume that such ownership of
any Bearer Security continues until (1) another certificate or affidavit bearing a later date
issued in respect of the same Bearer Security is produced, or (2) such Bearer Security is produced
to the Trustee by some other Person, or (3) such Bearer Security is surrendered in exchange for a
Registered Security, or (4) such Bearer Security is no longer Outstanding. The ownership,
principal amount and serial numbers of Bearer Securities held by any Person, and the date of
holding the same, may also be proved in any other manner which the Trustee deems sufficient.

(e) If the Company shall solicit from the Holders of Registered Securities any request, demand,
authorization, direction, notice, consent, waiver or other Act, the Company may, at its option, by
or pursuant to a Board Resolution, fix in advance a record date for the determination of Holders
entitled to give such request, demand, authorization, direction, notice, consent, waiver or other
Act, but the Company shall have no obligation to do so. Notwithstanding TIA Section 316(c), such
record date shall be the record date specified in or pursuant to such Board Resolution, which shall
be a date not earlier than the date thirty (30) days prior to the first solicitation of Holders
generally in connection therewith and not later than the date such solicitation is completed. If
such a record date is fixed, such request, demand, authorization, direction, notice, consent,
waiver or other Act may be given before or after such record date, but only the Holders of record
at the close of business on such record date shall be deemed to be Holders for the purposes of
determining whether Holders of the requisite proportion of Outstanding Securities have authorized
or agreed or consented to such request, demand, authorization, direction, notice, consent, waiver
or other Act, and for that purpose the

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Outstanding Securities shall be computed as of such record date; provided that no such
authorization, agreement or consent by the Holders on such record date shall be deemed effective
unless it shall become effective pursuant to the provisions of this Indenture not later than eleven
months after the record date.

(f) Any request, demand, authorization, direction, notice, consent, waiver or other Act of the
Holder of any Security shall bind every future Holder of the same Security and the Holder of every
Security issued upon the registration of transfer thereof or in exchange therefor or in lieu
thereof in respect of anything done, omitted or suffered to be done by the Trustee or the Company
in reliance thereon, whether or not notation of such action is made upon such Security.

SECTION 105. Notices, etc. to Trustee and Company.

Any request, demand, authorization, direction, notice, consent, waiver or Act of Holders or other
documents provided or permitted by this Indenture to be made upon, given or furnished to, or filed
with, (1) the Trustee by any Holder or by the Company shall be sufficient for every purpose
hereunder if made, given, furnished or filed in writing by hand, telecopier (with confirmation of
receipt) or certified or registered mail (confirmation of receipt requested) to or with the Trustee
at its Corporate Trust Office, telecopier number (770) 698-5195 or at any other address (or
telecopier number) as may be furnished in writing to the Company and the Holders by the Trustee, or
(2) the Company by the Trustee or by any Holder shall be sufficient for every purpose hereunder
(unless otherwise herein expressly provided) if made, given, furnished or filed in writing by hand,
telecopier (with confirmation of receipt) or certified or registered mail (confirmation of receipt
requested) to or with the Company addressed to it at the address of its executive office specified
in the first paragraph of this Indenture, Attention: Treasury Department, telecopier number (815)
233-8093, with a copy to 29 East Stephenson Street, Freeport, Illinois 61032, or at any other
address (or telecopier number) as may be previously furnished in writing to the Trustee and the
Holders by the Company.

The Trustee agrees to accept and act upon instructions or directions pursuant to this Indenture
sent by unsecured e-mail, telecopier or other similar unsecured electronic methods; provided,
however, that (a) the party providing such electronic instructions or directions, subsequent to the
transmission thereof, shall provide the originally executed instructions or directions to the
Trustee in a timely manner and (b) such originally executed instructions or directions shall be
signed by an authorized representative of the party providing such instructions or directions. The
Trustee shall not be liable for any losses, costs or expenses arising directly or indirectly from
the Trustee’s reliance upon and compliance with such instructions or directions notwithstanding
such instructions or directions conflict or are inconsistent with a subsequent written instruction
or direction or if the subsequent written instruction or direction is never received. The party
providing instructions or directions by unsecured e-mail, telecopier or other similar unsecured
electronic methods, as aforesaid, agrees to assume all risks arising out of the use of such
electronic methods to submit instructions and directions to the Trustee, including without
limitation the risk of the Trustee acting on unauthorized instructions, and the risk of
interception and misuse by third parties.

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SECTION 106. Notice to Holders; Waiver.

Where this Indenture provides for notice of any event to Holders of Registered Securities by the
Company or the Trustee, such notice shall be sufficiently given (unless otherwise expressly
provided in or pursuant to this Indenture) if in writing and mailed, first-class postage prepaid,
to each such Holder affected by such event, at his address as it appears in the Security Register,
not later than the latest date, and not earlier than the earliest date, prescribed for the giving
of such notice. In any case where notice to Holders of Registered Securities is given by mail,
neither the failure to mail such notice, nor any defect in any notice so mailed, to any particular
Holder shall affect the sufficiency of such notice with respect to other Holders of Registered
Securities or the sufficiency of any notice to Holders of Bearer Securities given as provided. Any
notice mailed to a Holder in the manner herein prescribed shall be conclusively deemed to have been
received by such Holder, whether or not such Holder actually receives such notice. In case, by
reason of the suspension of or irregularities in regular mail service or by reason of any other
cause, it shall be impractical to mail notice of any event to Holders of Registered Securities when
such notice is required to be given pursuant to any provision of this Indenture, then any manner of
giving such notice as shall be satisfactory to the Trustee shall be deemed to be sufficient giving
of such notice for every purpose hereunder. Except as otherwise expressly provided herein or
otherwise specified with respect to any Securities pursuant to Section 301, where this Indenture
provides for notice to Holders of Bearer Securities of any event, such notice shall be sufficiently
given to Holders of Bearer Securities if published in an Authorized Newspaper in The City of New
York and in such other city or cities as may be specified in such Securities and, if such
Securities are then listed on any stock exchange outside the United States, in an Authorized
Newspaper in such city as the Company shall advise the Trustee that such stock exchange so
requires, on a Business Day at least twice, the first such publication to be not earlier than the
earliest date, and not later than the latest date, prescribed for the giving of such notice. Any
such notice shall be deemed to have been given on the date of the first such publication. In case
by reason of the suspension of publication of any Authorized Newspaper or Authorized Newspapers or
by reason of any other cause it shall be impracticable to publish any notice to Holders of Bearer
Securities as provided above, then such notification to Holders of Bearer Securities as shall be
given with the approval of the Trustee shall constitute sufficient notice to such Holders for every
purpose hereunder. Neither the failure to give notice by publication to Holders of Bearer
Securities as provided above, nor any defect in any notice so published, shall affect the
sufficiency of any notice to Holders of Registered Securities given as provided herein. Any
request, demand, authorization, direction, notice, consent or waiver required or permitted under
this Indenture shall be in the English language, except that, if the Company so elects, any
published notice may be in an official language of the country of publication. Where this
Indenture provides for notice in any manner, such notice may be waived in writing by the Person
entitled to receive such notice, either before or after the event, and such waiver shall be the
equivalent of such notice. Waivers of notice by Holders shall be filed with the Trustee, but such
filing shall not be a condition precedent to the validity of any action taken in reliance upon such
waiver.

SECTION 107. Conflict with Trust Indenture Act.

If any provision hereof limits, qualifies or conflicts with a provision of the Trust Indenture Act
that is required under the Trust Indenture Act to be a part of and govern this Indenture, the
latter provision shall control. If any provision of this Indenture modifies or excludes any
provision of

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the Trust Indenture Act that may be so modified or excluded, the latter provision shall be deemed
to apply to this Indenture as so modified or to be excluded, as the case may be.

SECTION 108. Effect of Headings and Table of Contents.

The Article and Section headings herein and the Table of Contents are for convenience only and
shall not affect the construction hereof.

SECTION 109. Successors and Assigns.

All covenants and agreements in this Indenture by the Company shall bind its successors and
assigns, whether so expressed or not.

SECTION 110. Separability Clause.

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

SECTION 111. Benefits of Indenture.

Nothing in this Indenture or in the Securities or Coupons, express or implied, shall give to any
Person, other than the parties hereto, any Authenticating Agent, any Paying Agent, any Securities
Registrar and their successors hereunder and the Holders of Securities or Coupons, any benefit or
any legal or equitable right, remedy or claim under this Indenture.

SECTION 112. Governing Law; Waiver of Trial by Jury.

THIS INDENTURE AND THE SECURITIES AND COUPONS SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH
THE LAW OF THE STATE OF NEW YORK. THIS INDENTURE IS SUBJECT TO THE PROVISIONS OF THE TRUST
INDENTURE ACT OF 1939, AS AMENDED, THAT ARE REQUIRED TO BE PART OF THIS INDENTURE AND SHALL, TO THE
EXTENT APPLICABLE, BE GOVERNED BY SUCH PROVISIONS. EACH OF THE COMPANY AND THE TRUSTEE AND EACH
HOLDER OF A SECURITY OR A COUPON 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 SECURITIES OR THE TRANSACTIONS CONTEMPLATED HEREBY.

SECTION 113. Legal Holidays.

Unless otherwise provided as contemplated by Section 301, in any case where any Interest Payment
Date, Redemption Date or Stated Maturity or Maturity of any Security shall not be a Business Day at
any Place of Payment, then (notwithstanding any other provision of this Indenture or of any
Security or Coupon other than a provision in the Securities of any series which specifically states
that such provision shall apply in lieu of this Section) payment of interest or principal (and
premium, if any) need not be made at such Place of Payment on such date, but may be made on the
next succeeding Business Day at such Place of Payment with the

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same force and effect as if made on the Interest Payment Date or Redemption Date, or at the Stated
Maturity or Maturity; provided that no interest shall accrue for the period from and after such
Interest Payment Date, Redemption Date, Stated Maturity or Maturity, as the case may be, to such
Business Day.

ARTICLE TWO

SECURITY FORMS

SECTION 201. Forms Generally.

The Registered Securities, if any, of each series and the Bearer Securities, if any, of each series
and related Coupons shall be in the form as shall be established by or pursuant to a Board
Resolution or in one or more indentures supplemental hereto, in each case with such appropriate
insertions, omissions, substitutions and other variations as are required or permitted by or
pursuant to this Indenture or any indenture supplemental hereto, and may have such letters, numbers
or other marks of identification and such legends or endorsements placed thereon as may be required
to comply with any law or the rules of any securities exchange or as may, consistently herewith, be
determined by the officers executing such Securities or Coupons, as evidenced by their execution of
the Securities or Coupons. If the forms of Securities or Coupons of any series are established by
action taken pursuant to a Board Resolution, a copy of an appropriate record of such action shall
be certified by the Secretary or an Assistant Secretary of the Company and delivered to the Trustee
at or prior to the delivery of the Company Order contemplated by Section 303 for the authentication
and delivery of such Securities or Coupons. Any portion of the text of any Security may be set
forth on the reverse thereof, with an appropriate reference thereto on the face of the Security.
Unless otherwise specified as contemplated by Section 301, Securities in bearer form shall have
Coupons attached. The Trustee’s certificate of authentication on all Securities shall be in
substantially the form set forth in this Article. The definitive Securities or Coupons shall be
printed, lithographed or engraved on steel-engraved borders or may be produced in any other manner,
all as determined by the officers of the Company executing such Securities or Coupons, as evidenced
by their execution of such Securities or Coupons.

SECTION 202. Form of Trustee’s Certificate of Authentication.

Subject to Section 612, the Trustee’s certificate of authentication shall be in substantially the
following form:

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

	 	 	 	 	 	 	 

	 	 	The Bank of New York Mellon Trust Company, N.A., as
Trustee	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

Authorized Signatory
	 	 

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SECTION 203. Securities Issuable in Global Form.

If Securities of or within a series are issuable in global form, as specified as contemplated by
Section 301, then any such Security shall represent such of the Outstanding Securities of such
series as shall be specified therein and may provide that it shall represent the aggregate amount
of Outstanding Securities of such series from time to time endorsed thereon and that the aggregate
amount of Outstanding Securities of such series represented thereby may from time to time be
increased or decreased to reflect exchanges. Any endorsement of a Security in global form to
reflect the amount, or any increase or decrease in the amount, of Outstanding Securities
represented thereby shall be made by the Trustee in such manner and upon instructions given by such
Person or Persons as shall be specified therein or in the Company Order to be delivered to the
Trustee pursuant to Section 303 or Section 304. Subject to the provisions of Section 303 and, if
applicable, Section 304, the Trustee shall deliver and redeliver any Security in permanent global
form in the manner and upon instructions given by the Person or Persons specified therein or in the
applicable Company Order. If a Company Order pursuant to Section 303 or Section 304 has been, or
simultaneously is, delivered, any instructions by the Company with respect to endorsement or
delivery or redelivery of a Security in global form shall be in writing but need not comply with
Section 102 and need not be accompanied by an Opinion of Counsel. The provisions of the last
sentence of Section 303 shall apply to any Security represented by a Security in global form if
such Security was never issued and sold by the Company and the Company delivers to the Trustee the
Security in global form together with written instructions (which need not comply with Section 102
and need not be accompanied by an Opinion of Counsel) with regard to the reduction in the principal
amount of Securities represented thereby, together with the written statement contemplated by the
last sentence of Section 303. Unless otherwise specified as contemplated by Section 301, payment
of principal of and any premium and interest on any Security in permanent global form shall be made
to the Depository therefor, and the Company, the Trustee and any agent of the Company and the
Trustee shall treat, for all purposes whatsoever, such Depository as the Holder of such Security.

ARTICLE THREE

THE SECURITIES

SECTION 301. Amount Unlimited; Issuable in Series.

The aggregate principal amount of Securities which may be authenticated and delivered under this
Indenture is unlimited. The Securities may be issued in one or more series and each series will
rank at least equally and pari passu with all senior unsecured and unsubordinated debt of the
Company. There shall be established in one or more Board Resolutions or pursuant to authority
granted by one or more Board Resolutions and, subject to Section 303, set forth in, or determined
in the manner provided in, an Officers’ Certificate, or established in one or more indentures
supplemental hereto, prior to the issuance of Securities of any series, any or all of the
following, as applicable (each of which (except for the matters set forth in clauses (1), (2) and
(17) below), if so provided, may be determined from time to time by the Company with respect to
unissued Securities of the series and set forth in such Securities of the series when issued from
time to time):

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	 	(1)	 	the title of the Securities of the series (which shall distinguish the
Securities of the series from all other series of Securities);
	 
	 	(2)	 	any limit upon the aggregate principal amount of the Securities of the series
that may be authenticated and delivered under this Indenture (except for Securities
authenticated and delivered upon registration of transfer of, or in exchange for, or in
lieu of, other Securities of the series pursuant to Section 304, 305, 306, 906, 1107 or
1305 or the terms of such Securities);
	 
	 	(3)	 	the date or dates, or the method by which such date or dates will be
determined, on which the principal of the Securities of the series is payable;
	 
	 	(4)	 	the rate or rates at which the Securities of the series shall bear interest, if
any, or the method by which such rate or rates shall be determined, the date or dates
from which such interest shall accrue, or the method by which such date or dates shall
be determined, the Interest Payment Dates on which such interest shall be payable and
the Regular Record Date, if any, for the interest payable on any Registered Security on
any Interest Payment Date, or the method by which such date or dates shall be
determined, and the basis upon which interest shall be calculated if other than on the
basis of a 360-day year of twelve 30-day months;
	 
	 	(5)	 	the place or places, if any, other than or in addition to The City of New York,
where the principal of (and premium, if any, on) and any interest on Securities of the
series shall be payable, any Registered Securities of the series may be surrendered for
registration of transfer, Securities of the series may be surrendered for exchange and,
if different than the location specified in Section 105, the place or places where
notices or demands to or upon the Company in respect of the Securities of the series
and this Indenture may be served;
	 
	 	(6)	 	the period or periods within which, the price or prices at which, the Currency
in which, and other terms and conditions upon which Securities of the series may be
redeemed, in whole or in part, at the option of the Company, if the Company is to have
that option;
	 
	 	(7)	 	the obligation, if any, of the Company to redeem, repay or purchase Securities
of the series pursuant to any sinking fund or analogous provision or at the option of a
Holder thereof, and the period or periods within which, the price or prices at which,
the Currency in which, and other terms and conditions upon which Securities of the
series shall be redeemed, repaid or purchased, in whole or in part, pursuant to such
obligation and any provision for the remarketing of any Securities that are so
redeemed, repaid or purchased;
	 
	 	(8)	 	if other than denominations of $1,000 and any integral multiple thereof, the
denomination or denominations in which any Registered Securities of the series shall be
issuable and, if other than the denomination of $5,000, the denomination or
denominations in which any Bearer Securities of the series shall be issuable;

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	 	(9)	 	if other than the Trustee, the identity of each Security Registrar and/or
Paying Agent;
	 
	 	(10)	 	if other than the principal amount thereof, the portion of the principal amount
of Securities of the series that shall be payable upon declaration of acceleration of
the Maturity thereof pursuant to Section 502 or the method by which such portion shall
be determined;
	 
	 	(11)	 	if other than Dollars, the Currency in which payment of the principal of (and
premium, if any, on) or interest, if any, on the Securities of the series shall be
payable or in which the Securities of the series shall be denominated and the
particular provisions applicable thereto;
	 
	 	(12)	 	whether the amount of payments of principal of (and premium, if any, on) or
interest on the Securities of the series may be determined with reference to an index,
formula or other method (which index, formula or method may be based, without
limitation, on one or more Currencies, commodities, equity indices or other indices),
and the manner in which such amounts shall be determined;
	 
	 	(13)	 	whether the principal of (and premium, if any, on) and interest, if any, on the
Securities of the series are to be payable, at the election of the Company or a Holder
thereof, in a Currency other than that in which such Securities are denominated or
stated to be payable, the period or periods within which, and the terms and conditions
upon which, such election may be made, and the time and manner of determining the
exchange rate between the Currency in which such Securities are denominated or stated
to be payable and the Currency in which such Securities are to be so payable;
	 
	 	(14)	 	the designation of the initial Exchange Rate Agent, if any;
	 
	 	(15)	 	any provisions in modification of, in addition to or in lieu of the provisions
of Article Fourteen that shall be applicable to the Securities of the series;
	 
	 	(16)	 	provisions, if any, granting special rights to the Holders of Securities of the
series upon the occurrence of such events as may be specified;
	 
	 	(17)	 	any deletions from, modifications of or additions to the Events of Default or
covenants of the Company with respect to Securities of the series, whether or not such
Events of Default or covenants are consistent with the Events of Default or covenants
set forth herein;
	 
	 	(18)	 	whether any Securities of the series are to be issuable as Registered
Securities, Bearer Securities (with or without Coupons) or both, any restrictions
applicable to the offer, sale or delivery of Bearer Securities, whether any Securities
of the series are to be issuable initially in temporary global form and whether any
Securities of the series are to be issuable in permanent global form with or without
Coupons and, if so, whether beneficial owners of interests in any such permanent global
Security may exchange such interests for Securities of such series and of like

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	 	 	 	tenor of any authorized form and denomination and the circumstances under which any
such exchanges may occur, if other than in the manner provided in Section 305,
whether Registered Securities of the series may be exchanged for Bearer Securities
of the series (if permitted by applicable laws and regulations), whether Bearer
Securities of the series may be exchanged for Registered Securities of the series,
and the circumstances under which and the place or places where such exchanges may
be made and if Securities of the series are to be issuable in global form, the
identity of any initial Depositary therefor; provided, that, unless otherwise
provided pursuant to this Section 301 the Securities shall be issued as Registered
Securities;
	 
	 	(19)	 	the date as of which any Bearer Securities of the series and any temporary
global Security representing Outstanding Securities of the series shall be dated if
other than the date of original issuance of the first Security of the series to be
issued;
	 
	 	(20)	 	the Person to whom any interest on any Registered Security of the series shall
be payable, if other than the Person in whose name that Security (or one or more
Predecessor Securities) is registered at the close of business on the Regular Record
Date for such interest, the manner in which, or the Person to whom, any interest on any
Bearer Security of the series shall be payable, if otherwise than upon presentation and
surrender of the Coupons appertaining thereto as they severally mature, and the extent
to which, or the manner in which, any interest payable on a temporary global Security
on an Interest Payment Date will be paid if other than in the manner provided in
Section 304;
	 
	 	(21)	 	if Securities of the series are to be issuable in definitive form (whether upon
original issue or upon exchange of a temporary Security of such series) only upon
receipt of certain certificates or other documents or satisfaction of other conditions,
the form and/or terms of such certificates, documents or conditions;
	 
	 	(22)	 	whether and under what circumstances the Company will pay Additional Amounts as
contemplated by Section 1005 on the Securities of the series to any Holder (including
any modification to the definition of such term) in respect of any tax, assessment or
governmental charge and, if so, whether the Company will have the option to redeem such
Securities rather than pay such Additional Amounts (and the terms of any such option);
	 
	 	(23)	 	if the Securities of the series are to be convertible into or exchangeable for
any securities of any Person (including the Company), the terms and conditions upon
which such Securities will be so convertible or exchangeable; and
	 
	 	(24)	 	any other terms, conditions, rights and preferences (or limitations on such
rights and preferences) relating to the series (which terms shall not be inconsistent
with the requirements of the Trust Indenture Act or the provisions of this Indenture).

All Securities of any one series and the Coupons appertaining to any Bearer Securities of such
series shall be substantially identical except as to denomination, Currency of payments due

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thereunder, the rate or rates of interest (if any) payable thereon and Stated Maturity and except
as may otherwise be provided in or pursuant to such Board Resolution (subject to Section 303) and
set forth in such Officers’ Certificate or in any such indenture supplemental hereto. Not all
Securities of any one series need be issued at the same time, and, unless otherwise provided, a
series may be reopened for issuances of additional Securities of such series. If any of the terms
of the Securities or Coupons of any series are established by action that is specified in or
authorized by one or more Board Resolutions and such action is to be taken at or prior to the
delivery of the Officers’ Certificate setting forth the terms of such series of Securities or the
manner in which such terms are to be determined or established, then a copy of an appropriate
record of such action(s) shall be certified by the Secretary or an Assistant Secretary of the
Company and delivered to the Trustee at or prior to the delivery of the Officers’ Certificate
setting forth the terms of such series of Securities or the manner in which such terms are to be
determined or established.

SECTION 302. Denominations.

The Securities of each series shall be issuable in such denominations as shall be specified as
contemplated by Section 301. With respect to Securities of any series denominated in Dollars, in
the absence of any such provisions, the Registered Securities of such series, other than Registered
Securities issued in global form (which may be of any denomination), shall be issuable in
denominations of $1,000 and any integral multiple thereof and the Bearer Securities of such series,
other than the Bearer Securities issued in global form (which may be of any denomination), shall be
issuable in a denomination of $5,000.

SECTION 303. Execution, Authentication, Delivery and Dating.

The Securities and any Coupons appertaining thereto shall be executed on behalf of the Company by
its Chairman, its Vice Chairman, its President or any Vice President or the Treasurer of the
Company. The signature of any of these officers on the Securities or Coupons may be the manual or
facsimile signatures of the present or any future such authorized officer and may be imprinted or
otherwise reproduced on the Securities or Coupons.

Securities or Coupons bearing the manual or facsimile signatures of individuals who were at any
time the proper officers of the Company shall bind the Company, notwithstanding that such
individuals or any of them have ceased to hold such offices prior to the authentication and
delivery of such Securities or did not hold such offices at the date of such Securities or Coupons.

At any time and from time to time after the execution and delivery of this Indenture, the Company
may deliver Securities of any series together with any Coupon appertaining thereto, executed by the
Company to the Trustee for authentication, together with a Company Order for the authentication and
delivery of such Securities, and the Trustee in accordance with such Company Order shall
authenticate and deliver such Securities; provided, however, that, in connection with its original
issuance, no Bearer Security shall be mailed or otherwise delivered to any location in the United
States; and provided, further, that, unless otherwise specified with respect to any series of
Securities pursuant to Section 301, a Bearer Security may be delivered in connection with its
original issuance only if the Person entitled to receive such Bearer Security shall have furnished
a certificate in the form established pursuant to Section 301 for such

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purpose, dated no earlier than 15 days prior to the earlier of the date on which such Bearer
Security is delivered and the date on which any temporary Security first becomes exchangeable for
such Bearer Security in accordance with the terms of such temporary Security and this Indenture.
If any Security shall be represented by a permanent global Bearer Security, then, for purposes of
this Section and Section 304, the notation of a beneficial owner’s interest therein upon original
issuance of such Security or upon exchange of a portion of a temporary global Security shall be
deemed to be delivery in connection with its original issuance of such beneficial owner’s interest
in such permanent global Security. Except as permitted by Section 306, the Trustee shall not
authenticate and deliver any Bearer Security unless all appurtenant Coupons for interest then
matured have been detached and cancelled. If not all the Securities of any series are to be issued
at one time and if the Board Resolution or supplemental indenture establishing such series shall so
permit, such Company Order may set forth procedures for the issuance of such Securities and
determining terms of particular Securities of such series such as interest rate, maturity date,
date of issuance and date from which interest shall accrue.

In authenticating such Securities, and accepting the additional responsibilities under this
Indenture in relation to such Securities, the Trustee shall be entitled to receive, and (subject to
TIA Sections 315(a) through 315(d)) shall be fully protected in relying upon, an Opinion of Counsel
substantially to the effect:

	 	(a)	 	that the form or forms of such Securities and any Coupons have been established
in conformity with the provisions of this Indenture;
	 
	 	(b)	 	that the terms of such Securities and any Coupons have been established in
conformity with the provisions of this Indenture;
	 
	 	(c)	 	that such Securities, together with any Coupons appertaining thereto, when
completed by appropriate insertions and executed and delivered by the Company to the
Trustee for authentication in accordance with this Indenture, authenticated and
delivered by the Trustee in accordance with this Indenture and issued by the Company in
the manner and subject to any conditions specified in such Opinion of Counsel, will
constitute the legal, valid and binding obligations of the Company, enforceable in
accordance with their terms, subject to (i) applicable bankruptcy, insolvency,
reorganization, moratorium, fraudulent transfer and other similar laws of general
applicability relating to or affecting the enforcement of creditors’ rights, (ii)
general equitable principles, (iii) limitations imposed by any requirement that a claim
(or a Foreign Currency judgment in respect of such claim) be converted into Dollars at
a rate of exchange prevailing on a date determined pursuant to applicable law or
limitations imposed by governmental authority to limit, delay or prohibit the making of
payments in a Foreign Currency or payments outside of the United States; and (iv) such
other qualifications as such counsel shall conclude are customary or do not materially
affect the rights of Holders of such Securities and the Coupons appertaining thereto
(if any);
	 
	 	(d)	 	that authentication and delivery of such Securities and any Coupons and the
execution and delivery of the supplemental indenture, if any, by the Trustee will not
violate the terms of the Indenture;

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	 	(e)	 	that the Company has the corporate power to issue such Securities and any
Coupons, and has duly taken all necessary corporate action with respect to such
issuance; and
	 
	 	(f)	 	that the issuance of such Securities and any Coupons will not contravene the
certificate of incorporation or by-laws of the Company or result in any violation of
any of the terms or provisions of any law, regulation, or material indenture, mortgage
or other agreement known to such Counsel by which the Company is bound.

Notwithstanding the provisions of Section 301 and of the preceding two paragraphs, if not all the
Securities of any series are to be issued at one time, it shall not be necessary to deliver the
Officers’ Certificate otherwise required pursuant to Section 301 or the Company Order and Opinion
of Counsel otherwise required pursuant to the preceding two paragraphs prior to or at the time of
issuance of each Security, but such documents shall be delivered prior to or at the time of
issuance of the first Security of such series. After any such first delivery, any separate request
by the Company that the Trustee authenticate Securities of such series for original issue will be
deemed to be a certification by the Company that all conditions precedent provided for in this
Indenture relating to authentication and delivery of such Securities continue to have been complied
with.

The Trustee shall not be required to authenticate and deliver any such Securities if the issue of
such Securities pursuant to this Indenture will affect the Trustee’s own rights, duties or
immunities under the Securities and this Indenture or otherwise in a manner which is not reasonably
acceptable to the Trustee. Each Registered Security shall be dated the date of its authentication,
and each Bearer Security shall be dated as of the date specified as contemplated by Section 301.

If the Company shall establish pursuant to Section 301 that the Securities of a series are to be
issued in whole or in part in the form of one or more global Securities, the Company shall execute
and the Trustee shall, in accordance with this Section and the Company Order with respect to such
series, authenticate and deliver one or more global Securities in permanent form that (i) shall
represent and shall be denominated in an amount equal to the aggregate principal amount of the
Outstanding Securities of such series to be represented by such global Security or Securities, (ii)
shall be registered, if in registered form, in the name of the Depository for such global Security
or Securities or the nominee of such Depository, (iii) shall be delivered by the Trustee to such
Depository or pursuant to such Depository’s instruction and (iv) shall bear a legend substantially
to the following effect: “Unless and until it is exchanged in whole or in part for Securities in
certificated form, this Security may not be transferred 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” or to such other effect as the Depository and the Trustee may agree.

No Security or Coupon shall be entitled to any benefit under this Indenture or be valid or
obligatory for any purpose unless there appears on such Security a certificate of authentication
substantially in the form provided for herein duly executed by the Trustee by manual signature of

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an authorized signatory, and such certificate upon any Security shall be conclusive evidence, and
the only evidence, that such Security has been duly authenticated and delivered hereunder and is
entitled to the benefits of this Indenture. Notwithstanding the foregoing, if any Security shall
have been authenticated and delivered hereunder but never issued and sold by the Company, and the
Company shall deliver such Security to the Trustee for cancellation as provided in Section 309
together with a written statement (which need not comply with Section 102 and need not be
accompanied by an Opinion of Counsel) stating that such Security has never been issued and sold by
the Company, for all purposes of this Indenture such Security shall be deemed never to have been
authenticated and delivered hereunder and shall never be entitled to the benefits of this
Indenture.

SECTION 304. Temporary Securities.

Pending the preparation of definitive Securities of any series, the Company may execute, and upon
Company Order the Trustee shall authenticate and deliver, temporary Securities which are printed,
lithographed, typewritten, mimeographed or otherwise produced, in any authorized denomination,
substantially of the tenor of the definitive Securities in lieu of which they are issued, in
registered form or, if authorized, in bearer form with one or more Coupons or without Coupons, and
with such appropriate insertions, omissions, substitutions and other variations as the officers
executing such Securities may determine, as conclusively evidenced by their execution of such
Securities. Such temporary Securities may be in global form.

Except in the case of temporary Securities in global form (which shall be exchanged in accordance
with the provisions thereof), if temporary Securities of any series are issued, the Company will
cause definitive Securities of that series to be prepared without unreasonable delay. After the
preparation of definitive Securities of such series, the temporary Securities of such series shall
be exchangeable for definitive Securities of such series, upon surrender of the temporary
Securities of such series at the office or agency of the Company in a Place of Payment for that
series, without charge to the Holder. Upon surrender for cancellation of any one or more temporary
Securities of any series (accompanied by any unmatured Coupons appertaining thereto), the Company
shall execute and the Trustee shall authenticate and deliver in exchange therefor a like principal
amount of definitive Securities of the same series of authorized denominations; provided, however,
that no definitive Bearer Security, except as provided in or pursuant to this Indenture, shall be
delivered in exchange for a temporary Registered Security; and provided, further, that a definitive
Bearer Security shall be delivered in exchange for a temporary Bearer Security only in compliance
with the conditions set forth in or pursuant to this Indenture. Unless otherwise provided in or
pursuant to this Indenture with respect to a temporary global Security, until so exchanged the
temporary Securities of any series shall in all respects be entitled to the same benefits under
this Indenture as definitive Securities of such series.

Without unnecessary delay but in any event not later than the date specified in, or determined
pursuant to the terms of, any such temporary global Security (the “Exchange Date”), the Company
shall deliver to the Trustee definitive Securities, in aggregate principal amount equal to the
principal amount of such temporary global Security, executed by the Company. On or after the
Exchange Date such temporary global Security shall be surrendered by the Depository to the Trustee,
as the Company’s agent for such purpose, to be exchanged, in whole or from time to

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time in part, for definitive Securities without charge and the Trustee shall authenticate and
deliver, in exchange for each portion of such temporary global Security, an equal aggregate
principal amount of definitive Securities of the same series of authorized denominations and of
like tenor as the portion of such temporary global Security to be exchanged. The definitive
Securities to be delivered in exchange for any such temporary global Security shall be in bearer
form, registered form, permanent global bearer form or permanent global registered form, or any
combination thereof, as specified as contemplated by Section 301, and, if any combination thereof
is so specified, as requested by the beneficial owner thereof; provided, however, that, unless
otherwise specified in such temporary global Security, upon such presentation by the Depository,
such temporary global Security is accompanied by a certificate dated the Exchange Date or a
subsequent date and signed by Euroclear as to the portion of such temporary global Security held
for its account then to be exchanged and a certificate dated the Exchange Date or a subsequent date
and signed by Clearstream as to the portion of such temporary global Security held for its account
then to be exchanged, each in the form established pursuant to Section 301; and provided, further,
that definitive Bearer Securities shall be delivered in exchange for a portion of a temporary
global Security only in compliance with the requirements of Section 303.

Unless otherwise specified in such temporary global Security, the interest of a beneficial owner of
Securities of a series in a temporary global Security shall be exchanged for definitive Securities
of the same series and of like tenor following the Exchange Date when the account holder instructs
Euroclear or Clearstream, as the case may be, to request such exchange on his behalf and delivers
to Euroclear or Clearstream, as the case may be, a certificate in the form established pursuant to
Section 301, dated no earlier than 15 days prior to the Exchange Date, copies of which certificate
shall be available from the offices of Euroclear and Clearstream, the Trustee, any Authenticating
Agent appointed for such series of Securities and each Paying Agent. Unless otherwise specified in
such temporary global Security, any such exchange shall be made free of charge to the beneficial
owners of such temporary global Security, except that a Person receiving definitive Securities must
bear the cost of insurance, postage, transportation and the like in the event that such Person does
not take delivery of such definitive Securities in person at the offices of Euroclear or
Clearstream. Definitive Securities in bearer form to be delivered in exchange for any portion of a
temporary global Security shall be delivered only outside the United States.

Until exchanged in full as hereinabove provided, the temporary Securities of any series shall in
all respects be entitled to the same benefits under this Indenture as definitive Securities of the
same series and of like tenor authenticated and delivered hereunder, except that, unless otherwise
specified as contemplated by Section 301, interest payable on a temporary global Security on an
Interest Payment Date for Securities of such series occurring prior to the applicable Exchange Date
shall be payable to Euroclear and Clearstream. on such Interest Payment Date upon delivery by
Euroclear and Clearstream to the Trustee of a certificate or certificates in the form established
pursuant to Section 301, for credit without further interest on or after such Interest Payment Date
to the respective accounts of the Persons who are the beneficial owners of such temporary global
Security on such Interest Payment Date and who have each delivered to Euroclear or Clearstream, as
the case may be, a certificate dated no earlier than 15 days prior to the Interest Payment Date
occurring prior to such Exchange Date in the form established pursuant to Section 301.
Notwithstanding anything to the contrary herein contained, the certifications made pursuant to this
paragraph shall satisfy the certification requirements of the

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preceding two paragraphs of this Section and of the third paragraph of Section 303 of this
Indenture and the interests of the Persons who are the beneficial owners of the temporary global
Security with respect to which such certification was made will be exchanged for definitive
Securities of the same series and of like tenor on the Exchange Date or the date of certification
if such date occurs after the Exchange Date, without further act or deed by such beneficial owners.
Except as otherwise provided in this paragraph, no payments of principal or interest owing with
respect to a beneficial interest in a temporary global Security will be made unless and until such
interest in such temporary global Security shall have been exchanged for an interest in a
definitive Security. Any interest so received by Euroclear and Clearstream and not paid as herein
provided shall be returned to the Trustee immediately prior to the expiration of two years after
such Interest Payment Date in order to be repaid to the Company in accordance with Section 1003.

SECTION 305. Registration of Transfer and Exchange.

The Company shall cause to be kept at the Corporate Trust Office of the Trustee a register for each
series of Securities (the registers maintained in the Corporate Trust Office of the Trustee and in
any other office or agency of the Company in a Place of Payment being herein sometimes collectively
referred to as the “Security Register”) in which, subject to such reasonable regulations as it may
prescribe, the Company shall provide for the registration of Registered Securities and of transfers
of Registered Securities. The Security Register shall be in written form or any other form capable
of being converted into written form within a reasonable time. At all reasonable times, the
Security Register shall be open to inspection by the Trustee. The Trustee is hereby initially
appointed as security registrar (the “Security Registrar”) for the purpose of registering
Registered Securities and transfers of Registered Securities as herein provided.

Upon surrender for registration of transfer of any Registered Security of any series at the office
or agency in a Place of Payment for that series, the Company shall execute, and the Trustee shall
authenticate and deliver, in the name of the designated transferee, one or more new Registered
Securities of the same series, of any authorized denominations and of a like aggregate principal
amount and tenor.

At the option of the Holder, Registered Securities of any series may be exchanged for other
Registered Securities of the same series, of any authorized denomination and of a like aggregate
principal amount, upon surrender of the Registered Securities to be exchanged at such office or
agency. Whenever any Registered Securities are so surrendered for exchange, the Company shall
execute, and the Trustee shall authenticate and deliver, the Registered Securities which the Holder
making the exchange is entitled to receive. Unless otherwise specified with respect to any series
of Securities as contemplated by Section 301, Bearer Securities may not be issued in exchange for
Registered Securities.

If (but only if) expressly permitted in or pursuant to the applicable Board Resolution and (subject
to Section 303) set forth in the applicable Officers’ Certificate, or in any indenture supplemental
hereto, delivered as contemplated by Section 301, at the option of the Holder, Bearer Securities of
any series may be exchanged for Registered Securities of the same series of any authorized
denomination and of a like aggregate principal amount and tenor, upon surrender of the Bearer

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Securities to be exchanged at any such office or agency, with all unmatured Coupons and all matured
Coupons in default thereto appertaining. If the Holder of a Bearer Security is unable to produce
any such unmatured Coupon or Coupons or matured Coupon or Coupons in default, any such permitted
exchange may be effected if the Bearer Securities are accompanied by payment in funds acceptable to
the Company in an amount equal to the face amount of such missing Coupon or Coupons, or the
surrender of such missing Coupon or Coupons may be waived by the Company and the Trustee if there
is furnished to them such security or indemnity as they may require to save each of them and any
Paying Agent harmless. If thereafter the Holder of such Security shall surrender to any Paying
Agent any such missing Coupon in respect of which such a payment shall have been made, such Holder
shall be entitled to receive the amount of such payment; provided, however, that, except as
otherwise provided in Section 1002, interest represented by Coupons shall be payable only upon
presentation and surrender of those Coupons at an office or agency located outside the United
States. Notwithstanding the foregoing, in case a Bearer Security of any series is surrendered at
any such office or agency in a permitted exchange for a Registered Security of the same series and
like tenor after the close of business at such office or agency on (i) any Regular Record Date and
before the opening of business at such office or agency on the relevant Interest Payment Date, or
(ii) any Special Record Date and before the opening of business at such office or agency on the
related proposed date for payment of Defaulted Interest, such Bearer Security shall be surrendered
without the Coupon relating to such Interest Payment Date or proposed date for payment, as the case
may be, and interest or Defaulted Interest, as the case may be, will not be payable on such
Interest Payment Date or proposed date for payment, as the case may be, in respect of the
Registered Security issued in exchange for such Bearer Security, but will be payable only to the
Holder of such Coupon when due in accordance with the provisions of this Indenture.

Whenever any Securities are so surrendered for exchange, the Company shall execute, and the Trustee
shall authenticate and deliver, the Securities which the Holder making the exchange is entitled to
receive.

Notwithstanding the foregoing, except as otherwise provided in or pursuant to this Indenture, any
permanent global Security shall be exchangeable for definitive Securities only if (i) the
Depository is at any time unwilling, unable or ineligible to continue in its capacity as Depository
and a successor depositary is not appointed by the Company within 60 days of the date the Company
is so informed in writing, (ii) the Company executes and delivers to the Trustee a Company Order to
the effect that such global Security shall be so exchangeable, provided, that any such exchange
shall be subject to compliance with the Depository’s procedures therefor, or (iii) an Event of
Default has occurred and is continuing with respect to the Securities of the same series. If any
beneficial owner of an interest in a permanent global Security is entitled to exchange such
interest for Securities of such series and of like tenor and principal amount of another authorized
form and denomination, as specified in this paragraph or as contemplated by Section 301 and
provided that any applicable notice provided in the permanent global Security shall have been
given, then without unnecessary delay but in any event not later than the earliest date on which
such interest may be so exchanged, the Company shall deliver to the Trustee definitive Securities
in aggregate principal amount equal to the principal amount of such beneficial owner’s interest in
such permanent global Security, executed by the Company. On or after the earliest date on which
such interests may be so exchanged, such permanent global Security shall be surrendered by the
Depository or such other depositary as shall be specified in

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the Company Order with respect thereto to the Trustee, as the Company’s agent for such purpose, to
be exchanged, in whole or from time to time in part, for definitive Securities without charge, and
the Trustee shall authenticate and deliver, in exchange for each portion of such permanent global
Security, an equal aggregate principal amount of definitive Securities of the same series of
authorized denominations and of like tenor as the portion of such permanent global Security to be
exchanged which, unless the Securities of the series are not issuable both as Bearer Securities and
as Registered Securities, as specified as contemplated by Section 301, shall be in the form of
Bearer Securities or Registered Securities, or any combination thereof, as shall be specified by
the beneficial owner thereof; provided, however, that no such exchanges may occur during a period
beginning at the opening of business 15 days before any selection of Securities to be redeemed and
ending on the relevant Redemption Date if the Security for which exchange is requested may be among
those selected for redemption; and provided, further, that no Bearer Security delivered in exchange
for a portion of a permanent global Security shall be mailed or otherwise delivered to any location
in the United States. If a Registered Security is issued in exchange for any portion of a
permanent global Security after the close of business at the office or agency where such exchange
occurs on (i) any Regular Record Date and before the opening of business at such office or agency
on the relevant Interest Payment Date, or (ii) any Special Record Date and before the opening of
business at such office or agency on the related proposed date for payment of Defaulted Interest,
interest or Defaulted Interest, as the case may be, will not be payable on such Interest Payment
Date or proposed date for payment, as the case may be, in respect of such Registered Security, but
will be payable on such Interest Payment Date or proposed date payment, as the case may be, only to
the Person to whom interest in respect of such portion of such permanent global Security is payable
in accordance with the provisions of this Indenture.

All Securities issued upon any registration of transfer or exchange of Securities shall be the
valid obligations of the Company, evidencing the same debt, and entitled to the same benefits under
this Indenture, as the Securities surrendered upon such registration of transfer or exchange.

Every Registered Security presented or surrendered for registration of transfer or for exchange
shall (if so required by the Company or the Security Registrar) be duly endorsed, or be accompanied
by a written instrument of transfer, in form satisfactory to the Company and the Security
Registrar, duly executed by the Holder thereof or his attorney duly authorized in writing.

No service charge shall be made for any registration of transfer or exchange of Securities, but the
Company may require payment of a sum sufficient to cover any tax or other governmental charge that
may be imposed in connection with any registration of transfer or exchange of Securities, other
than exchanges pursuant to Section 304, 906, 1107 or 1305 not involving any transfer.

The Company shall not be required (i) to issue, register the transfer of or exchange Securities of
any series during a period beginning at the opening of business 15 days before the day of the
selection for redemption of Securities of that series under Section 1103 or 1203 and ending at the
close of business on (A) if Securities of the series are issuable only as Registered Securities,
the date of the mailing of the relevant notice of redemption and (B) if Securities of the series
are issuable as Bearer Securities, the date of the first publication of the relevant notice of
redemption

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or, if Securities of the series are also issuable as Registered Securities and there is no
publication, the mailing of the relevant notice of redemption, or (ii) to register the transfer of
or exchange any Registered Security so selected for redemption in whole or in part, except the
unredeemed portion of any Security being redeemed in part, or (iii) to exchange any Bearer Security
so selected for redemption except that such a Bearer Security may be exchanged for a Registered
Security of that series and like tenor; provided that such Registered Security shall be
simultaneously surrendered for redemption, or (iv) to issue, register the transfer of or exchange
any Security which has been surrendered for repayment at the option of the Holder, except the
portion, if any, of such Security not to be so repaid.

SECTION 306. Mutilated, Destroyed, Lost and Stolen Securities.

If any mutilated Security or a Security with a mutilated Coupon appertaining to it is surrendered
to the Trustee, the Company shall execute and the Trustee shall authenticate and deliver in
exchange therefor a new Security of the same series and of like tenor and principal amount and
bearing a number not contemporaneously outstanding, with Coupons corresponding to the Coupons, if
any, appertaining to the surrendered Security, or, in case any such mutilated Security or Coupon
has become or is about to become due and payable, the Company in its discretion may, instead of
issuing a new Security, with Coupons corresponding to the Coupons, if any, appertaining to the
surrendered Security, pay such Security or Coupon.

If there shall be delivered to the Company and to the Trustee (i) evidence to their satisfaction of
the destruction, loss or theft of any Security or Coupon and (ii) such security or indemnity as may
be required by them to save each of them and any agent of either of them harmless, then, in the
absence of notice to the Company or the Trustee that such Security or Coupon has been acquired by a
bona fide purchaser, the Company shall execute and upon Company Order the Trustee shall
authenticate and deliver, in lieu of any such destroyed, lost or stolen Security or in exchange for
the Security for which a destroyed, lost or stolen Coupon appertains (with all appurtenant Coupons
not destroyed, lost or stolen), a new Security of the same series and of like tenor and principal
amount and bearing a number not contemporaneously outstanding, with Coupons corresponding to the
Coupons, if any, appertaining to such destroyed, lost or stolen Security or to the Security to
which such destroyed, lost or stolen Coupon appertains, or, in case any such destroyed, lost or
stolen Security or Coupon has become or is about to become due and payable, the Company in its
discretion may, instead of issuing a new Security, with Coupons corresponding to the Coupons, if
any, appertaining to such destroyed, lost or stolen Security or to the Security to which such
destroyed, lost or stolen Coupon appertains, pay such Security or Coupon.

Upon the issuance of any new Security under this Section, the Company may require the payment of a
sum sufficient to cover any tax or other governmental charge that may be imposed in relation
thereto and any other expenses (including the fees and expenses of the Trustee) connected
therewith.

Every new Security of any series with its Coupons, if any, issued pursuant to this Section in lieu
of any destroyed, lost or stolen Security or in exchange for a Security to which a destroyed, lost
or stolen Coupon appertains, shall constitute an original additional contractual obligation of the
Company, whether or not the destroyed, lost or stolen Security and its Coupons, if any, or the

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destroyed, lost or stolen Coupon shall be at any time enforceable by anyone, and shall be entitled
to all the benefits of this Indenture equally and proportionately with any and all other Securities
of that series and their Coupons, if any, duly issued hereunder.

The provisions of this Section are exclusive and shall preclude (to the extent lawful) all other
rights and remedies with respect to the replacement or payment of mutilated, destroyed, lost or
stolen Securities or Coupons.

SECTION 307. Payment of Interest; Interest Rights Preserved; Optional Interest Reset.

(a) Unless otherwise provided as contemplated by Section 301 with respect to any series of
Securities, interest on any Registered Security which is payable, and is punctually paid or duly
provided for, on any Interest Payment Date shall be paid to the Person in whose name such Security
(or one or more Predecessor Securities) is registered at the close of business on the Regular
Record Date for such interest at the office or agency of the Company maintained for such purpose
pursuant to Section 1002; provided, however, that each installment of interest on any Registered
Security may at the Company’s option be paid by mailing a check for such interest, payable to or
upon the written order of the Person entitled thereto pursuant to Section 310, to the address of
such Person as it appears on the Security Register; provided, further, however, that a Holder of
$10,000,000 or more in aggregate principal amount of Securities (whether having identical or
different terms and provisions) will be entitled to receive interest payments on such Interest
Payment Date by wire transfer of immediately available funds to an account in the United States if
appropriate wire transfer instructions have been received in writing by the Trustee not less than
15 calendar days prior to such Interest Payment Date, and any such wire transfer instructions
received by the Trustee shall remain in effect until revoked by such Holder.

Unless otherwise provided as contemplated by Section 301 with respect to the Securities of any
series, payment of interest may be made, in the case of a Bearer Security, by transfer to an
account maintained by the payee with a bank located outside the United States. Unless otherwise
provided in or pursuant to this Indenture, in case a Bearer Security is surrendered in exchange for
a Registered Security after the close of business at an office or agency for such Security on any
Regular Record Date therefor and before the opening of business at such office or agency on the
next succeeding Interest Payment Date therefor, such Bearer Security shall be surrendered without
the Coupon relating to such Interest Payment Date and interest shall not be payable on such
Interest Payment Date in respect of the Registered Security issued in exchange for such Bearer
Security, but shall be payable only to the Holder of such Coupon when due in accordance with the
provisions of this Indenture.

Any interest on any Registered Security of any series which is payable, but is not punctually paid
or duly provided for, on any Interest Payment Date shall forthwith cease to be payable to the
Holder on the relevant Regular Record Date by virtue of having been such Holder, and such defaulted
interest and, if applicable, interest on such defaulted interest (to the extent lawful) at the rate
specified in the Securities of such series (such defaulted interest and, if applicable, interest
thereon herein collectively called “Defaulted Interest”) may be paid by the Company, at its
election in each case, as provided in clause (1) or (2) below:

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	 	(1)	 	The Company may elect to make payment of any Defaulted Interest to the Persons
in whose names the Registered Securities of such series (or their respective
Predecessor Securities) 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 Registered Security of such series and the date of
the proposed payment, and at the same time the Company shall deposit with the Trustee
an amount of money in the Currency in which the Securities of such series are payable
(except as otherwise specified pursuant to Section 301 for the Securities of such
series) equal to the aggregate amount proposed 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 Trustee shall fix a Special Record Date for the payment
of such Defaulted Interest which shall be not more than 15 days and not less than 10
days prior to the date of the proposed payment and not less than 10 days after the
receipt by the Trustee of the notice of the proposed payment. The Trustee shall
promptly notify the Company of such Special Record Date and, 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 given in the manner provided in
Section 106, not less than 10 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 given, such Defaulted Interest shall be paid to the Persons in whose name the
Registered Securities of such series (or their respective Predecessor Securities) are
registered at the close of business on such Special Record Date and shall no longer be
payable pursuant to the following clause (2). In case a Bearer Security of any series
is surrendered at the office or agency for such Security in exchange for a Registered
Security of such series after the close of business at such office or agency on any
Special Record Date and before the opening of business at such office or agency on the
related proposed date for payment of Defaulted Interest, such Bearer Security shall be
surrendered without the Coupon relating to such proposed date of payment and Defaulted
Interest shall not be payable on such proposed date of payment in respect of the
Registered Security issued in exchange for such Bearer Security, but shall be payable
only to the Holder of such Coupon when due in accordance with the provisions of this
Indenture.
	 
	 	(2)	 	The Company may make payment of any Defaulted Interest on the Registered
Securities of any series in any other lawful manner not inconsistent with the
requirements of any securities exchange on which such Securities may be listed, and
upon such notice as may be required by such exchange, 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.

(b) The provisions of this Section 307(b) may be made applicable to any series of Securities
pursuant to Section 301 (with such modifications, additions or substitutions as may be specified

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pursuant to such Section 301). The interest rate (or the spread or spread multiplier used to
calculate such interest rate, if applicable) on any Security of such series may be reset by the
Company on the date or dates specified on the face of such Security (each an “Optional Reset
Date”). The Company may exercise such option with respect to such Security by notifying the
Trustee of such exercise at least 55 but not more than 60 days prior to an Optional Reset Date for
such Note. Not later than 40 days prior to each Optional Reset Date, the Trustee shall transmit,
in the manner provided for in Section 106, to the Holder of any such Security a notice (the “Reset
Notice”) indicating whether the Company has elected to reset the interest rate (or the spread or
spread multiplier used to calculate such interest rate, if applicable), and if so (i) such new
interest rate (or such new spread or spread multiplier, if applicable) and (ii) the provisions, if
any, for redemption during the period from such Optional Reset Date to the next Optional Reset Date
or if there is no such next Optional Reset Date, to the Stated Maturity Date of such Security (each
such period a “Subsequent Interest Period”), including the date or dates on which or the period or
periods during which and the price or prices at which such redemption may occur during the
Subsequent Interest Period.

Notwithstanding the foregoing, not later than 20 days prior to the Optional Reset Date, the Company
may, at its option, revoke the interest rate (or the spread or spread multiplier used to calculate
such interest rate, if applicable) provided for in the Reset Notice and establish an interest rate
(or a spread or spread multiplier used to calculate such interest rate, if applicable) that is
higher than the interest rate (or the spread or spread multiplier, if applicable) provided for in
the Reset Notice, for the Subsequent Interest Period by causing the Trustee to transmit, in the
manner provided for in Section 106, notice of such higher interest rate (or such higher spread or
spread multiplier, if applicable) to the Holder of such Security. Such notice shall be
irrevocable. All Securities with respect to which the interest rate (or the spread or spread
multiplier used to calculate such interest rate, if applicable) is reset on an Optional Reset Date,
and with respect to which the Holders of such Securities have not tendered such Securities for
repayment (or have validly revoked any such tender) pursuant to the next succeeding paragraph, will
bear such higher interest rate (or such higher spread or spread multiplier, if applicable).

The Holder of any such Security will have the option to elect repayment by the Company of the
principal of such Security on each Optional Reset Date at a price equal to the principal amount
thereof plus interest accrued to such Optional Reset Date. In order to obtain repayment on an
Optional Reset Date, the Holder must follow the procedures set forth in Article Thirteen for
repayment at the option of Holders except that the period for delivery or notification to the
Trustee shall be at least 25 but not more than 35 days prior to such Optional Reset Date and except
that, if the Holder has tendered any Security for repayment pursuant to the Reset Notice, the
Holder may, by written notice to the Trustee, revoke such tender or repayment until the close of
business on the tenth day before such Optional Reset Date.

SECTION 308. Persons Deemed Owners.

Prior to due presentment of a Registered Security for registration of transfer, the Company, the
Trustee and any agent of the Company or the Trustee may treat the Person in whose name such
Registered Security is registered as the owner of such Registered Security for the purpose of
receiving payment of principal of (and premium, if any, on) and (subject to Sections 305 and 307)
interest on such Security and for all other purposes whatsoever, whether or not such

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Security be overdue, and none of the Company, the Trustee or any agent of the Company or the
Trustee shall be affected by notice to the contrary.

Title to any Bearer Security and any Coupons appertaining thereto shall pass by delivery. The
Company, the Trustee and any agent of the Company or the Trustee may treat the bearer of any Bearer
Security and the bearer of any Coupon as the absolute owner of such Security or Coupon for the
purpose of receiving payment thereof or on account thereof and for all other purposes whatsoever,
whether or not such Security or Coupons be overdue, and none of the Company, the Trustee or any
agent of the Company or the Trustee shall be affected by notice to the contrary.

None of the Company, the Trustee, any Paying Agent or the Security Registrar 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 Security in global form or for maintaining, supervising or
reviewing any records relating to such beneficial ownership interests.

Notwithstanding the foregoing, with respect to any global Security, nothing herein shall prevent
the Company, the Trustee, or any agent of the Company or the Trustee, from giving effect to any
written certification, proxy or other authorization furnished by any depositary, as a Holder, with
respect to such global Security or impair, as between such depositary and owners of beneficial
interests in such global Security, the operation of customary practices governing the exercise of
the rights of such depositary (or its nominee) as Holder of such global Security.

SECTION 309. Cancellation.

All Securities and Coupons surrendered for payment, redemption, repayment at the option of the
Holder, registration of transfer or exchange or for credit against any current or future sinking
fund payment shall, if surrendered to any Person other than the Trustee, be delivered to the
Trustee. All Securities and Coupons so delivered to the Trustee shall be promptly cancelled by it.
The Company may at any time deliver to the Trustee for cancellation any Securities previously
authenticated and delivered hereunder which the Company may have acquired in any manner whatsoever,
and may deliver to the Trustee (or to any other Person for delivery to the Trustee) for
cancellation any Securities previously authenticated hereunder which the Company has not issued and
sold, and all Securities so delivered shall be promptly cancelled by the Trustee. If the Company
shall so acquire any of the Securities, however, such acquisition shall not operate as a redemption
or satisfaction of the indebtedness represented by such Securities unless and until the same are
surrendered to the Trustee for cancellation. No Securities shall be authenticated in lieu of or in
exchange for any Securities cancelled as provided in this Section, except as expressly permitted by
this Indenture. All cancelled Securities held by the Trustee shall be disposed of by the Trustee
in accordance with its customary procedures and certification of their disposal delivered to the
Company unless by Company Order the Company shall direct that cancelled Securities be returned to
it.

SECTION 310. Computation of Interest.

Except as otherwise specified as contemplated by Section 301 with respect to any Securities,
interest, if any, on the Securities of each series shall be computed on the basis of a 360-day year
of twelve 30-day months.

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SECTION 311. Securities in Foreign Currencies.

Whenever this Indenture provides for (i) any action by, or the determination of any of the rights
of, Holders of Securities of any series in which not all of such Securities are denominated in the
same Currency, or (ii) any distribution to Holders of Securities, in the absence of any provision
to the contrary in the form of Security of any particular series, any amount in respect of any
Security denominated in a Currency other than Dollars shall be treated for any such action or
distribution as that amount of Dollars that could be obtained for such amount on such reasonable
basis of exchange and as of the record date with respect to Registered Securities of such series
(if any) for such action, determination of rights or distribution (or, if there shall be no
applicable record date, such other date reasonably proximate to the date of such action,
determination of rights or distribution) as the Company may specify in a written notice to the
Trustee or, in the absence of such written notice, as the Trustee may determine.

SECTION 312. Appointment and Resignation of Successor Exchange Rate Agent.

(a) Unless otherwise specified pursuant to Section 301, if and so long as the Securities of any
series (i) are denominated in a Currency other than Dollars or (ii) may be payable in a Currency
other than Dollars, or so long as it is required under any other provision of this Indenture, then
the Company will maintain with respect to each such series of Securities, or as so required, at
least one Exchange Rate Agent. The Company will cause the Exchange Rate Agent to make the
necessary foreign exchange determinations at the time and in the manner specified pursuant to
Section 301. Subject to Section 312(b) below, any Exchange Rate Agent may be removed at any time
without cause by the Company.

(b) No resignation, or removal, of the Exchange Rate Agent and no appointment of a successor
Exchange Rate Agent pursuant to this Section shall become effective until the acceptance of
appointment by the successor Exchange Rate Agent as evidenced by a written instrument delivered to
the Company and the Trustee.

(c) If the Exchange Rate Agent shall resign, be removed or become incapable of acting, or if a
vacancy shall occur in the office of the Exchange Rate Agent for any cause with respect to the
Securities of one or more series, the Company, by or pursuant to a Board Resolution, shall promptly
appoint a successor Exchange Rate Agent or Exchange Rate Agents with respect to the Securities of
that or those series (it being understood that any such successor Exchange Rate Agent may be
appointed with respect to the Securities of one or more or all of such series and that, unless
otherwise specified pursuant to Section 301, at any time there shall only be one Exchange Rate
Agent with respect to the Securities of any particular series that are originally issued by the
Company on the same date and that are initially denominated and/or payable in the same Currency).

SECTION 313. CUSIP, CINS and ISIN Numbers.

The Company in issuing the Securities may use “CUSIP,” “CINS,” “ISIN” and other reference numbers
(if then generally in use), and, if so, the Trustee shall use “CUSIP,” “CINS,” “ISIN” and other
such reference numbers in notices of redemption as a convenience to Holders; provided that any such
notice may state that no representation is made as to the correctness of

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such numbers either as printed on the Securities or as contained in any notice of a redemption and
that reliance may be placed only on the other identification numbers printed on the Securities, and
any such redemption shall not be affected by any defect in or omission of such numbers. The
Company will promptly notify the Trustee of any changes in the “CUSIP,” “CINS,” “ISIN” or the
other such reference numbers.

ARTICLE FOUR

SATISFACTION AND DISCHARGE

SECTION 401. Satisfaction and Discharge of Indenture.

This Indenture shall upon Company Request cease to be of further effect with respect to any series
of Securities specified in such Company Request (except as to any surviving rights of registration
of transfer or exchange of Securities of such series herein expressly provided for and the
obligation of the Company to pay any Additional Amounts as contemplated by Section 1005) and the
Trustee, at the expense of the Company, shall execute proper instruments acknowledging satisfaction
and discharge of this Indenture as to such series when

	 	(1)	 	either

	 	(A)	 	all Securities of such series theretofore authenticated and
delivered and all Coupons, if any, appertaining thereto (other than (i) Coupons
appertaining to Bearer Securities surrendered in exchange for Registered
Securities and maturing after such exchange, whose surrender is not required or
has been waived as provided in Section 305, (ii) Securities and Coupons of such
series which have been destroyed, lost or stolen and which have been replaced
or paid as provided in Section 306, (iii) Coupons appertaining to Securities
called for redemption and maturing after the relevant Redemption Date, whose
surrender has been waived as provided in Section 1106, and (iv) Securities and
Coupons of such series for whose payment money has theretofore been deposited
in trust with the Trustee or any Paying Agent or segregated and held in trust
by the Company and thereafter repaid to the Company or discharged from such
trust, as provided in Section 1003) have been delivered to the Trustee for
cancellation; or
	 
	 	(B)	 	all such Securities of such series and, in the case of (i) or
(ii) below, any Coupons appertaining thereto not theretofore delivered to the
Trustee for cancellation

	 	(i)	 	have become due and payable, or
	 
	 	(ii)	 	will become due and payable at their Stated
Maturity within one year, or
	 
	 	(iii)	 	if redeemable at the option of the Company,
are to be called for redemption within one year under arrangements
satisfactory to the

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	 	 	 	Trustee for the giving of notice of redemption by the Trustee in the
name, and at the expense, of the Company,

and the Company, in the case of (i), (ii) or (iii) above, has irrevocably
deposited or caused to be deposited with the Trustee as trust funds in trust
for such purpose an amount in the Currency in which the Securities of such
series are payable, sufficient to pay and discharge the entire indebtedness
on such Securities not theretofore delivered to the Trustee for
cancellation, for principal (and premium, if any) and interest to the date
of such deposit (in the case of Securities which have become due and
payable) or to the Stated Maturity or Redemption Date, as the case may be;

	 	(2)	 	the Company has paid or caused to be paid all other sums payable hereunder by
the Company; and
	 
	 	(3)	 	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 as to such series have
been complied with.

Notwithstanding the satisfaction and discharge of this Indenture, the obligations of the Company to
the Trustee under Section 607 and, if money shall have been deposited with the Trustee pursuant to
subclause (B) of clause (1) of this Section, the obligations of the Trustee under Section 402 and
the last paragraph of Section 1003 shall survive.

SECTION 402. Application of Trust Money.

Subject to the provisions of the last paragraph of Section 1003, all money deposited with the
Trustee pursuant to Section 401 shall be held in trust and applied by it, in accordance with the
provisions of the Securities, the Coupons and this Indenture, to the payment either directly or
through any Paying Agent (including the Company acting as its own Paying Agent) as the Trustee may
determine, to the Persons entitled thereto, of the principal (and premium, if any) and interest for
whose payment such money has been deposited with the Trustee; but such money need not be segregated
from other funds except to the extent required by law.

ARTICLE FIVE

REMEDIES

SECTION 501. Events of Default.

“Event of Default,” wherever used herein with respect to Securities of any series, means any one of
the following events (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):

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	 	(1)	 	default in the payment of any interest on any Security of that series, or any
related Coupon, when such interest or Coupon becomes due and payable, and continuance
of such default for a period of 30 days; or
	 
	 	(2)	 	default in the payment of the principal of (or premium, if any, on) any
Security of that series at its Maturity; or
	 
	 	(3)	 	default in the deposit of any sinking fund payment, when and as due by the
terms of the Securities of that series and Article 12; or
	 
	 	(4)	 	default in the performance, or breach, of any covenant or agreement of the
Company in this Indenture or the Securities of that series which affects or is
applicable to the Securities of that series (other than a default in the performance,
or breach of a covenant or agreement which is specifically dealt with elsewhere in this
Section or which has expressly been included in this Indenture solely for the benefit
of one or more series of Securities other than that series), and continuance of such
default or breach for a period of 60 days after there has been given, by registered or
certified mail, to the Company by the Trustee or to the Company and the Trustee by the
Holders of at least 25% in principal amount of all Outstanding Securities of that
series a written notice specifying such default or breach and requiring it to be
remedied and stating that such notice is a “Notice of Default” hereunder; or
	 
	 	(5)	 	the entry of a decree or order by a court having jurisdiction in the premises
adjudging the Company or a Principal Subsidiary a bankrupt or insolvent, or approving
as properly filed a petition seeking reorganization, arrangement, adjustment or
composition of or in respect of the Company or a Principal Subsidiary under the Federal
Bankruptcy Code or any similar state law, or appointing a receiver, liquidator,
assignee, trustee, sequestrator (or other similar official) of the Company or a
Principal Subsidiary or of any substantial part of the consolidated property of the
Company, or ordering the winding up or liquidation of the Company’s affairs, and the
continuance of any such decree or order unstayed and in effect for a period of 60
consecutive days; or
	 
	 	(6)	 	the institution by the Company or a Principal Subsidiary of proceedings to be
adjudicated a bankrupt or insolvent, or the written consent by the Company or a
Principal Subsidiary to the institution of bankruptcy or insolvency proceedings against
it, or the filing by the Company or a Principal Subsidiary of a petition or answer or
consent seeking reorganization or relief under the Federal Bankruptcy Code or any
similar state law, or the written consent by the Company or a Principal Subsidiary to
the filing of any such petition or to the appointment of a receiver, liquidator,
assignee, trustee, sequestrator (or other similar official) of the Company or a
Principal Subsidiary or of any substantial part of the consolidated property of the
Company, or the making by the Company or a Principal Subsidiary of an assignment for
the benefit of creditors, or the admission by the Company or a Principal Subsidiary in
writing of its inability to pay its debts generally as they become due; or

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	 	(7)	 	an event of default as defined in any mortgage, indenture or instrument under
which there may be issued, or by which there may be secured or evidenced, any
indebtedness of the Company or any Principal Subsidiary for money borrowed, whether
such indebtedness now exists or shall hereafter be created, shall happen and shall
result in such indebtedness in principal amount in excess of $75,000,000 becoming or
being declared due and payable prior to the date on which it would otherwise become due
and payable, and such acceleration shall not be rescinded or annulled, or such
indebtedness shall not have been discharged, within a period of 30 days after there
shall have been given, by registered or certified mail, to the Company by the Trustee
or to the Company and the Trustee by the Holders of at least 25% in principal amount of
the Outstanding Securities of such series, a written notice specifying such event of
default and requiring the Company to cause such acceleration to be rescinded or
annulled or to cause such indebtedness to be discharged and stating that such notice is
a “Notice of Default” hereunder; or
	 
	 	(8)	 	any other Event of Default provided with respect to Securities of that series.

SECTION 502. Acceleration of Maturity; Rescission and Annulment.

If an Event of Default with respect to Securities of any series at the time Outstanding occurs and
is continuing (other than an Event of Default specified in Section 501(5) or (6)), then in every
such case the Trustee or the Holders of not less than 25% in principal amount of the Outstanding
Securities of that series may declare the principal amount (or, if the Securities of that series
are Original Issue Discount Securities or Indexed Securities, such portion of the principal amount
as may be specified in the terms of that series) of all of the Securities of that series to be due
and payable immediately, by a notice in writing to the Company (and to the Trustee if given by
Holders), and upon any such declaration such amount shall become immediately due and payable. If
an Event of Default specified in Section 501(5) or (6) with respect to the Securities of any series
at the time Outstanding occurs and is continuing, then in every such case the principal amount (or,
if the Securities of that series are Original Issue Discount Securities or Indexed Securities, such
portion of the principal amount as may be specified in the terms of that series) of all of the
Securities of that series shall become and be immediately due and payable without any declaration
or other action on the part of the Trustee or any Holder.

At any time after a declaration of acceleration with respect to Securities of any series (or of all
series, as the case may be) has been made and before a judgment or decree for payment of the money
due has been obtained by the Trustee as hereinafter provided in this Article, the Holders of a
majority in principal amount of the Outstanding Securities of that series (or of all series, as the
case may be), by written notice to the Company and the Trustee, may rescind and annul such
declaration and its consequences if:

	 	(1)	 	the Company has paid or deposited with the Trustee a sum sufficient to pay in
the Currency in which the Securities of such series are payable (except as otherwise
specified pursuant to Section 301 for the Securities of such series),

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	 	(A)	 	all overdue interest on all Outstanding Securities of that
series (or of all series, as the case may be) and any related Coupons,
	 
	 	(B)	 	all unpaid principal of (and premium, if any, on) any
Outstanding Securities of that series (or of all series, as the case may be)
which has become due otherwise than by such declaration of acceleration, and
interest on such unpaid principal at the rate or rates prescribed therefor in
such Securities,
	 
	 	(C)	 	to the extent lawful, interest on overdue interest at the rate
or rates prescribed therefor in such Securities, and
	 
	 	(D)	 	all sums paid or advanced by the Trustee hereunder and the
reasonable compensation, expenses, disbursements and advances of the Trustee,
its agents and counsel; and

	 	(2)	 	all Events of Default with respect to Securities of that series (or of all
series, as the case may be), other than the non-payment of amounts of principal of (or
premium, if any, on) or interest on Securities of that series (or of all series, as the
case may be) which have become due solely by such declaration of acceleration, have
been cured or waived as provided in Section 513.

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

SECTION 503. Collection of Indebtedness and Suits for Enforcement by Trustee.

The Company covenants that if:

	 	(1)	 	default is made in the payment of any installment of interest on any Security
and any related Coupon when such interest becomes due and payable and such default
continues for a period of 30 days, or
	 
	 	(2)	 	default is made in the payment of the principal of (or premium, if any, on) any
Security at the Maturity thereof,

then the Company will, upon demand of the Trustee, pay to the Trustee for the benefit of the
Holders of all Securities which are of the same series as such Security and related Coupons, the
whole amount then due and payable on such Securities and Coupons for principal (and premium, if
any) and interest, and interest on any overdue principal (and premium, if any) and, to the extent
lawful, on any overdue interest, at the rate or rates prescribed therefor in such Securities, and,
in addition thereto, such further amount as shall be sufficient to cover the costs and expenses of
collection, including the reasonable compensation, expenses, disbursements and advances of the
Trustee, its agents and counsel.

If the Company fails to pay such amounts forthwith upon such demand, the Trustee, in its own name
as trustee of an express trust, may institute a judicial proceeding for the collection of the sums
so due and unpaid, may prosecute such proceeding to judgment or final decree and may enforce the
same against the Company or any other obligor upon such Securities and collect the

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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 such Securities, wherever situated.

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

SECTION 504. Trustee May File Proofs of Claim.

In case of the pendency of any receivership, insolvency, liquidation, bankruptcy, reorganization,
arrangement, adjustment, composition or other judicial proceeding relative to the Company or any
other obligor upon the Securities or the property of the Company or of such other obligor or their
creditors, the Trustee (irrespective of whether the principal of the Securities shall then be due
and payable as therein expressed or by declaration or otherwise and irrespective of whether the
Trustee shall have made any demand on the Company for the payment of overdue principal, premium, if
any, or interest) shall be entitled and empowered, by intervention in such proceeding or otherwise,

	 	(i)	 	to file and prove a claim for the whole amount of principal (and premium, if
any), or such portion of the principal amount of any series of Original Issue Discount
Securities or Indexed Securities as may be specified in the terms of such series, and
interest owing and unpaid in respect of the Securities and to file such other papers or
documents as may be necessary or advisable in order to have the claims of the Trustee
(including any claim for the reasonable compensation, expenses, disbursements and
advances of the Trustee, its agents and counsel) and of the Holders allowed in such
judicial proceeding, and
	 
	 	(ii)	 	to collect and receive any moneys or other property payable or deliverable on
any such claims and to distribute the same;

and any custodian, receiver, assignee, trustee, liquidator, sequestrator or other similar official
in any such judicial proceeding is hereby authorized by each Holder to make such payments to the
Trustee and, in the event that the Trustee shall consent to the making of such payments directly to
the Holders, to pay to the Trustee any amount due it for the reasonable compensation, expenses,
disbursements and advances of the Trustee, its agents and counsel, and any other amounts due the
Trustee under Section 607.

Nothing herein contained shall be deemed to authorize the Trustee to authorize or consent to or
accept or adopt on behalf of any Holder any plan of reorganization, arrangement, adjustment or
composition affecting the Securities or the rights of any Holder thereof or to authorize the
Trustee to vote in respect of the claim of any Holder in any such proceeding.

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SECTION 505. Trustee May Enforce Claims Without Possession of Securities.

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

SECTION 506. Application of Money Collected.

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

	 	 	First:	 To the payment of all amounts due the Trustee under Section 607;
	 
	 	 	Second: 	To the payment of the amounts then due and unpaid for principal of (and premium, if
any, on) and interest on the Securities and Coupons in respect of which or for the
benefit of which such money has been collected, ratably, without preference or priority
of any kind, according to the amounts due and payable on such Securities and Coupons
for principal (and premium, if any) and interest, respectively; and
	 
	 	 	Third:	 The balance, if any, to the Person or Persons entitled thereto.

SECTION 507. Limitation on Suits.

No Holder of any Security of any series or any related Coupons shall have any right to institute
any proceeding, judicial or otherwise, with respect to this Indenture, or for the appointment of a
receiver or trustee, or for any other remedy hereunder, unless

	 	(1)	 	such Holder has previously given written notice to the Trustee of a continuing
Event of Default with respect to the Securities of that series;
	 
	 	(2)	 	the Holders of not less than 25% in principal amount of the Outstanding
Securities of that series shall have made written request to the Trustee to institute
proceedings in respect of such Event of Default in its own name as Trustee hereunder;
	 
	 	(3)	 	such Holder or Holders have offered to the Trustee reasonable indemnity against
the costs, expenses and liabilities (including the fees and expenses of its counsel) to
be incurred in compliance with such request;

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	 	(4)	 	the Trustee for 60 days after its receipt of such notice, request and offer of
indemnity has failed to institute any such proceeding; and
	 
	 	(5)	 	no direction inconsistent with such written request has been given to the
Trustee during such 60-day period by the Holders of a majority in principal amount of
the Outstanding Securities of that series;

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

SECTION 508. Unconditional Right of Holders to Receive Principal, Premium and Interest.

Notwithstanding any other provision in this Indenture, the Holder of any Security shall have the
right, which is absolute and unconditional, to receive payment, as provided herein (including, if
applicable, Article Fourteen) and in such Security, of the principal of (and premium, if any, on)
and (subject to Section 307) interest on, such Security or payment of such Coupon on the respective
Stated Maturities expressed in such Security or Coupon (or, in the case of redemption, on the
Redemption Date or, in the case of repayment, on the Repayment Date) and to institute suit for the
enforcement of any such payment, and such rights shall not be impaired without the consent of such
Holder.

SECTION 509. Restoration of Rights and Remedies.

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

SECTION 510. Rights and Remedies Cumulative.

Except as otherwise provided with respect to the replacement or payment of mutilated, destroyed,
lost or stolen Securities or Coupons in the last paragraph of Section 306, no right or remedy
herein conferred upon or reserved to the Trustee or to the Holders of Securities or Coupons is
intended to be exclusive of any other right or remedy, and every right and remedy shall, to the
extent permitted by law, be cumulative and in addition to every other right and remedy given
hereunder or now or hereafter existing at law or in equity or otherwise. The assertion or
employment of any right or remedy hereunder, or otherwise, shall not prevent the concurrent
assertion or employment of any other appropriate right or remedy.

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SECTION 511. Delay or Omission Not Waiver.

No delay or omission of the Trustee or of any Holder of any Security or Coupon to exercise any
right or remedy accruing upon any Event of Default shall impair any such right or remedy or
constitute a waiver of any such Event of Default or an acquiescence therein. Every right and
remedy given by this Article or by law to the Trustee or to the Holders may be exercised from time
to time, and as often as may be deemed expedient, by the Trustee or by the Holders, as the case may
be.

SECTION 512. Control by Holders.

With respect to the Securities of any series, the Holders of not less than a majority in principal
amount of the Outstanding Securities of such series shall have the right to direct the time, method
and place of conducting any proceeding for any remedy available to the Trustee, or exercising any
trust or power conferred on the Trustee with respect to the Securities of such series and any
Coupons appertaining thereto, provided that in each case

	 	(1)	 	such direction shall not be in conflict with any rule of law or with this
Indenture or with the Securities of any series,
	 
	 	(2)	 	the Trustee may take any other action deemed proper by the Trustee which is not
inconsistent with such direction, and
	 
	 	(3)	 	the Trustee need not take any action which might involve it in personal
liability or be unjustly prejudicial to the Holders of Securities of such series not
consenting.

SECTION 513. Waiver of Past Defaults.

Subject to Section 502, the Holders of not less than a majority in principal amount of the
Outstanding Securities of any series may on behalf of the Holders of all the Securities of such
series waive any past default with respect to such series and its consequences, except a default

	 	(1)	 	in respect of the payment of the principal of (or premium, if any, on) or
interest on any Security of such series or any related Coupon, or
	 
	 	(2)	 	in respect of a covenant or provision hereof which under Article Nine cannot be
modified or amended without the consent of the Holder of each Outstanding Security of
such series affected.

Upon any such waiver, any such default shall cease to exist, and any Event of Default arising
therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such
waiver shall extend to any subsequent or other default or Event of Default or impair any right
consequent thereon.

SECTION 514. Waiver of Stay or Extension Laws.

The Company covenants (to the extent that it may lawfully do so) that it will not at any time
insist upon, or plead, or in any manner whatsoever claim or take the benefit or advantage of, any

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stay or extension law wherever enacted, now or at any time hereafter in force, which may affect the
covenants or the performance of this Indenture; and the Company (to the extent that it may lawfully
do so) hereby expressly waives all benefit or advantage of any such law and covenants that it will
not 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.

ARTICLE SIX

THE TRUSTEE

SECTION 601. Duties of Trustee.

(a) If an Event of Default has occurred and is continuing, 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 his
own affairs.

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

	 	(1)	 	The Trustee need perform only those duties as are specifically set forth in
this Indenture and no others, and no covenants or obligations shall be implied in or
read into this Indenture against the Trustee.
	 
	 	(2)	 	In the absence of bad faith on its part, the Trustee may conclusively rely, as
to the truth of the statements and the correctness of the opinions expressed therein,
upon certificates or opinions furnished to the Trustee and conforming to the
requirements of this Indenture, but in the case of any such certificates or opinions
which by any provision hereof are specifically required to be furnished to the Trustee,
the Trustee shall be under a duty to examine the certificates and opinions to determine
whether or not they conform to the requirements of this Indenture (but need not confirm
or investigate the accuracy of mathematical calculations or other facts stated
therein).

(c) Notwithstanding anything to the contrary contained herein, the Trustee may not be relieved from
liability for its own negligent action, its own negligent failure to act, or its own willful
misconduct, except that:

	 	(1)	 	This paragraph does not limit the effect of paragraph (b) of this Section 601.
	 
	 	(2)	 	The Trustee shall not be liable for any error of judgment made in good faith by
a Responsible Officer, unless it is proved that the Trustee was negligent in
ascertaining the pertinent facts.
	 
	 	(3)	 	The Trustee shall not be liable with respect to any action it takes or omits to
take in good faith in accordance with a direction received from the Holders of a
majority in principal amount of the Outstanding Securities of any series pursuant to
Section 512 relating to the time, method and place of conducting any proceeding for any
remedy available to the Trustee, or exercising any trust or

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	 	 	 	power conferred upon the Trustee, under this Indenture with respect to the
Securities of such series.
	 
	 	(4)	 	No provision of this Indenture shall require the Trustee to expend or risk its
own funds or otherwise incur any financial liability in the performance of any of its
duties hereunder or in the exercise of any of its rights or powers, if it shall have
reasonable grounds to believe that repayment of such funds or adequate indemnity
against such risk or liability is not reasonably assured to it.

(d) Every provision of this Indenture that in any way relates to the Trustee is subject to
paragraphs (a), (b) and (c) of this Section 601 and to the provisions of the Trust Indenture Act.

SECTION 602. Notice of Defaults.

Within 90 days after the occurrence of any Default hereunder with respect to the Securities of any
series, the Trustee shall transmit in the manner and to the extent provided in TIA Section 313(c),
notice of such Default hereunder known to the Trustee, unless such Default shall have been cured or
waived; provided, however, that, except in the case of a Default in the payment of the principal of
(or premium, if any, on) or interest on any Security of such series or in the payment of any
sinking fund installment with respect to Securities of such series, the Trustee shall be protected
in withholding such notice if and so long as one or more Responsible Officers of the Trustee in
good faith determine that the withholding of such notice is in the interest of the Holders of
Securities of such series and any related Coupons; and provided, further, that in the case of any
Default of the character specified in Section 501(4) with respect to Securities of such series, no
such notice to Holders shall be given until at least 30 days after the occurrence thereof.

SECTION 603. Certain Rights of Trustee.

Subject to Section 601:

	 	(1)	 	the Trustee may rely and shall be protected in acting or refraining from acting
upon any resolution, certificate, statement, instrument, opinion, report, notice,
request, direction, consent, order, bond, debenture, note, other evidence of
indebtedness or other paper or document believed by it to be genuine and to have been
signed or presented by the proper party or parties;
	 
	 	(2)	 	any request or direction of the Company mentioned herein shall be sufficiently
evidenced by a Company Request or Company Order and any resolution of the Board of
Directors may be sufficiently evidenced by a Board Resolution;
	 
	 	(3)	 	whenever in the administration of this Indenture the Trustee shall deem it
desirable that a matter be proved or established prior to taking, suffering or omitting
any action hereunder, the Trustee (unless other evidence be herein specifically
prescribed) may request and, in the absence of bad faith on its part, shall be entitled
to rely upon an Officers’ Certificate;
	 
	 	(4)	 	the Trustee may consult with counsel and the written advice of such counsel or
any Opinion of Counsel shall be full and complete authorization and protection in

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	 	 	 	respect of any action taken, suffered or omitted by it hereunder in good faith and
in reliance thereon;
	 
	 	(5)	 	the Trustee shall be under no obligation to exercise any of the rights or
powers vested in it by this Indenture at the request or direction of any of the Holders
of Securities of any series or any related Coupons pursuant to this Indenture, unless
such Holders shall have offered to the Trustee reasonable security or indemnity against
the costs, expenses and liabilities which might be incurred by it in compliance with
such request or direction;
	 
	 	(6)	 	the Trustee shall not be bound to make any investigation into the facts or
matters stated in any resolution, certificate, statement, instrument, opinion, report,
notice, request, direction, consent, order, bond, debenture, note, other evidence of
indebtedness or other paper or document, 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;
	 
	 	(7)	 	the Trustee may execute any of the trusts or powers hereunder or perform any
duties hereunder either directly or by or through agents or attorneys and the Trustee
shall not be responsible for any misconduct or negligence on the part of (or for the
supervision of) any agent or attorney appointed with due care by it hereunder;
	 
	 	(8)	 	the Trustee shall not be liable for any action taken, suffered or omitted by it
in good faith and believed by it to be authorized or within the discretion or rights or
powers conferred upon it by this Indenture.
	 
	 	(9)	 	The Trustee shall not be deemed to have notice of any default hereunder or
Event of Default unless a Responsible Officer of the Trustee has actual knowledge
thereof or unless written notice of any event which is in fact such a default or Event
of Default is received by the Trustee at the Corporate Trust Office of the Trustee, and
such notice references the Securities and this Indenture;
	 
	 	(10)	 	The rights, privileges, protections, immunities and benefits given to the
Trustee, including, without limitation, its right to be indemnified, are extended to,
and shall be enforceable by, the Trustee in each of its capacities hereunder, and each
agent, custodian and other Person employed to act hereunder;
	 
	 	(11)	 	In no event shall the Trustee be responsible or liable for special, indirect,
or consequential loss or damage of any kind whatsoever (including, but not limited to,
loss of profit) irrespective of whether the Trustee has been advised of the likelihood
of such loss or damage and regardless of the form of action;
	 
	 	(12)	 	The Trustee may request that the Company deliver an Officers’ Certificate
setting forth the names of individuals and/or titles of officers authorized at such
time to take specified actions pursuant to this Indenture, which Officers’ Certificate
may

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	 	 	 	be signed by any person authorized to sign an Officers’ Certificate, including any
person specified as so authorized in any such certificate previously delivered and
not superseded; and
	 
	 	(13)	 	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 which are consistent with
accepted practices in the banking industry to resume performance as soon as practicable
under the circumstances.

SECTION 604. Trustee Not Responsible for Recitals or Issuance of Securities.

The recitals contained herein and in the Securities, except for the Trustee’s certificates of
authentication, and in any Coupons shall be taken as the statements of the Company, and neither the
Trustee nor any Authenticating Agent assumes any responsibility for their correctness. The Trustee
makes no representations as to the validity or sufficiency of this Indenture or of the Securities
or Coupons, except that the Trustee represents that it is duly authorized to execute and deliver
this Indenture, authenticate the Securities and perform its obligations hereunder and that the
statements made by it in a Statement of Eligibility on Form T-1 supplied to the Company are true
and accurate, subject to the qualifications set forth therein. Neither the Trustee nor any
Authenticating Agent shall be accountable for the use or application by the Company of Securities
or the proceeds thereof.

SECTION 605. May Hold Securities.

The Trustee, any Authenticating Agent, any Paying Agent, any Security Registrar or any other agent
of the Company or of the Trustee, in its individual or any other capacity, may become the owner or
pledgee of Securities and Coupons and, subject to TIA Sections 310(b) and 311, may otherwise deal
with the Company with the same rights it would have if it were not Trustee, Authenticating Agent,
Paying Agent, Security Registrar or such other agent.

SECTION 606. Money Held in Trust.

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 otherwise agreed with the Company.

SECTION 607. Compensation and Reimbursement.

The Company agrees:

	 	(1)	 	to pay to the Trustee from time to time reasonable compensation for all
services rendered by it hereunder (which compensation shall not be limited by any
provision of law in regard to the compensation of a trustee of an express trust);

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	 	(2)	 	except as otherwise expressly provided herein, to reimburse the Trustee upon
its request for all reasonable expenses, disbursements and advances incurred or made by
the Trustee in accordance with any provision of this Indenture (including the
reasonable compensation and the expenses and disbursements of its agents and counsel),
except any such expense, disbursement or advance as may be attributable to its
negligence or willful misconduct; and
	 
	 	(3)	 	to indemnify the Trustee and its directors, officers, agents and employees for,
and to hold each of them harmless against, any loss, liability or expense incurred
without negligence or bad faith on its part, arising out of or in connection with the
acceptance or administration of the trust or trusts hereunder, including the costs and
expenses of defending itself against any claim or liability in connection with the
exercise or performance of any of its powers or duties hereunder; provided, however,
that: (i) while maintaining absolute control over its own defense, the Trustee shall
cooperate and consult with the Company in preparing such defense; and (ii) while
maintaining absolute control over its rights to the settlement of any claim, the
Trustee shall consult with the Company with regard to any such settlement.

The obligations of the Company under this Section to compensate the Trustee, to pay or reimburse
the Trustee for expenses, disbursements and advances and to indemnify and hold harmless the Trustee
shall constitute additional indebtedness hereunder and shall survive the satisfaction and discharge
of this Indenture and the resignation or removal of the Trustee. As security for the performance
of such obligations of the Company, the Trustee shall have a claim prior to the Securities upon all
property and funds held or collected by the Trustee as such, except funds held in trust for the
payment of principal of (and premium, if any, on) or interest on particular Securities or any
Coupons.

SECTION 608. Corporate Trustee Required; Eligibility; Disqualification.

There shall at all times be a Trustee hereunder which shall be eligible to act as Trustee under TIA
Sections 310(a)(1) and 310(a)(5) and shall have a combined capital and surplus of at least
$50,000,000. If such corporation publishes reports of condition at least annually, pursuant to law
or to the requirements of Federal, State, territorial or District of Columbia supervising or
examining authority, then for the purposes of this Section, the combined capital and surplus of
such corporation 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, it shall resign immediately in the manner and with
the effect hereinafter specified in this Article. The Trustee shall comply with TIA Section
310(b), subject to its right to apply for a stay of its duty to resign under the penultimate
paragraph of TIA Section 310(b); provided, however, that there shall be excluded from the operation
of TIA Section 310(b)(1) any indenture or indentures under which other securities or certificates
of interest or participation in other securities of the Company are outstanding if the requirements
for such exclusion set forth in TIA Section 310(b)(1) are met. To the extent permitted by the TIA,
the Trustee shall not be deemed to have a conflicting interest by virtue of being a trustee under
this Indenture with respect to Securities of more than one series.

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SECTION 609. Resignation and Removal; Appointment of Successor.

(a) No resignation or removal of the Trustee and no appointment of a successor Trustee pursuant to
this Article shall become effective until the acceptance of appointment by the successor Trustee in
accordance with the applicable requirements of Section 610.

(b) The Trustee may resign at any time with respect to the Securities of one or more series by
giving written notice thereof to the Company. If the instrument of acceptance by a successor
Trustee required by Section 610 shall not have been delivered to the Trustee within 30 days after
the giving of such notice of resignation, the resigning Trustee may petition any court of competent
jurisdiction for the appointment of a successor Trustee with respect to the Securities of such
series.

(c) The Trustee may be removed at any time with respect to the Securities of any series by Act of
the Holders of not less than a majority in principal amount of the Outstanding Securities of such
series, delivered to the Trustee and to the Company.

(d) If at any time:

	 	(1)	 	the Trustee shall fail to comply with the obligations imposed upon it by the
provisions of TIA Section 310(b) with respect to Securities of any series after written
request therefor by the Company or by any Holder of a Security of such series who has
been a bona fide Holder of a Security of such series for at least six months, or
	 
	 	(2)	 	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, (i) the Company, by or pursuant to a Board Resolution, may
remove the Trustee with respect to all Securities or the Securities of such series,
or (ii) subject to TIA Section 315(e), any Holder who has been a bona fide Holder of
a Security of such series 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 with respect to all Securities of such series and the
appointment of a successor Trustee or Trustees.

(e) If the Trustee shall resign, be removed or become incapable of acting, or if a vacancy shall
occur in the office of Trustee for any cause, with respect to the Securities of one or more series,
the Company, by or pursuant to a Board Resolution, shall promptly appoint a successor Trustee or
Trustees with respect to the Securities of that or those series (it being understood that any such
successor Trustee may be appointed with respect to the Securities of one or more or all of such
series and that at any time there shall be only one Trustee with respect to the Securities of any
particular series). If, within one year after such resignation, removal or incapability, or the
occurrence of such vacancy, a successor Trustee with respect to the Securities of any series shall
be appointed by Act of the Holders of a majority in principal amount of the Outstanding Securities
of such series delivered to the Company and the retiring Trustee, the successor Trustee

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so appointed shall, forthwith upon its acceptance of such appointment, become the successor Trustee
with respect to the Securities of such series and to that extent supersede the successor Trustee
appointed by the Company. If no successor trustee with respect to the Securities of any series
shall have been so appointed by the Company or the Holders and accepted appointment in the manner
hereinafter provided, any Holder who has been a bona fide Holder of a Security of such series for
at least six months may, on behalf of himself and all others similarly situated, petition any court
of competent jurisdiction for the appointment of a successor Trustee with respect to the Securities
of such series.

(f) The Company shall give notice of each resignation and each removal of the Trustee with respect
to the Securities of any series and each appointment of a successor Trustee with respect to the
Securities of any series to the Holders of Securities of such series in the manner provided for in
Section 106. Each notice shall include the name of the successor Trustee with respect to the
Securities of such series and the address of its Corporate Trust Office.

SECTION 610. Acceptance of Appointment by Successor.

(a) In case of the appointment hereunder of a successor Trustee with respect to all Securities,
every such successor Trustee so appointed shall execute, acknowledge and deliver to the Company and
to the retiring Trustee an instrument accepting such appointment, and thereupon the resignation or
removal of the retiring Trustee shall become effective and such successor Trustee, without any
further act, deed or conveyance, shall become vested with all the rights, powers, trusts and duties
of the retiring Trustee; but, on the request of the Company or the successor Trustee, such retiring
Trustee shall, upon payment of its charges, execute and deliver an instrument transferring to such
successor Trustee all the rights, powers and trusts of the retiring Trustee and shall duly assign,
transfer and deliver to such successor Trustee all property and money held by such retiring Trustee
hereunder.

(b) In case of the appointment hereunder of a successor Trustee with respect to the Securities of
one or more (but not all) series, the Company, the retiring Trustee and each successor Trustee with
respect to the Securities of one or more series shall execute and deliver an indenture supplemental
hereto wherein each successor Trustee shall accept such appointment and which (1) shall contain
such provisions as shall be necessary or desirable to transfer and confirm to, and to vest in, each
successor Trustee all the rights, powers, trusts and duties of the retiring Trustee with respect to
the Securities of that or those series to which the appointment of such successor Trustee relates,
(2) if the retiring Trustee is not retiring with respect to all Securities, shall contain such
provisions as shall be deemed necessary or desirable to confirm that all the rights, powers, trusts
and duties of the retiring Trustee with respect to the Securities of that or those series as to
which the retiring Trustee is not retiring shall continue to be vested in the retiring Trustee, and
(3) shall add to or change any of the provisions of this Indenture as shall be necessary to provide
for or facilitate the administration of the trusts hereunder by more than one Trustee, it being
understood that nothing herein or in such supplemental indenture shall constitute such Trustees
co-trustees of the same trust and that each such Trustee shall be trustee of a trust or trusts
hereunder separate and apart from any trust or trusts hereunder administered by any other such
Trustee; and upon the execution and delivery of such supplemental indenture the resignation or
removal of the retiring Trustee shall become effective to the extent provided therein and each such
successor Trustee, without any further act, deed or conveyance, shall

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become vested with all the rights, powers, trusts and duties of the retiring Trustee with respect
to the Securities of that or those series to which the appointment of such successor Trustee
relates; but, on request of the Company or any successor Trustee, such retiring Trustee shall duly
assign, transfer and deliver to such successor Trustee all property and money held by such retiring
Trustee hereunder with respect to the Securities of that or those series to which the appointment
of such successor Trustee relates. Whenever there is a successor Trustee with respect to one or
more (but less than all) series of securities issued pursuant to this Indenture, the terms
“Indenture” and “Securities” shall have the meanings specified in the provisos to the respective
definitions of those terms in Section 101 which contemplate such situation.

(c) Upon request of any such successor Trustee, the Company shall execute any and all instruments
for more fully and certainly vesting in and confirming to such successor Trustee all rights, powers
and trusts referred to in paragraph (a) or (b) of this Section, as the case may be.

(d) No Person shall accept its appointment hereunder as a successor Trustee unless at the time of
such acceptance such successor Person shall be qualified and eligible under this Article.

SECTION 611. Merger, Conversion, Consolidation or Succession to Business.

Any corporation into which the Trustee may be merged or converted or with which it may be
consolidated, or any corporation resulting from any merger, conversion or consolidation to which
the Trustee shall be a party, or any corporation succeeding to all or substantially all the
corporate trust business of the Trustee, shall be the successor of the Trustee hereunder, provided
such corporation shall be otherwise qualified and eligible under this Article, without the
execution or filing of any paper or any further act on the part of any of the parties hereto. In
case any Securities shall have been authenticated, but not delivered, by the Trustee then in
office, any successor by merger, conversion or consolidation to such authenticating Trustee may
adopt such authentication and deliver the Securities so authenticated with the same effect as if
such successor Trustee had itself authenticated such Securities; and in case at that time any of
the Securities shall not have been authenticated, any successor Trustee may authenticate such
Securities either in the name of any predecessor 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
Securities 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 Securities in the name of any predecessor Trustee shall apply only to its successor or
successors by merger, conversion or consolidation.

SECTION 612. Appointment of Authenticating Agent.

At any time when any of the Securities remain Outstanding, the Trustee may appoint an
Authenticating Agent or Agents with respect to one or more series of Securities which shall be
authorized to act on behalf of the Trustee to authenticate Securities of such series and the
Trustee shall give written notice of such appointment to all Holders of Securities of the series
with respect to which such Authenticating Agent will serve, in the manner provided for in Section
106. Securities so authenticated shall be entitled to the benefits of this Indenture and shall be
valid and obligatory for all purposes as if authenticated by the Trustee hereunder. Any such
appointment shall be evidenced by an instrument in writing signed by a Responsible Officer of

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the Trustee, and a copy of such instrument shall be promptly furnished to the Company. Wherever
reference is made in this Indenture to the authentication and delivery of Securities by the Trustee
or the Trustee’s certificate of authentication, such reference shall be deemed to include
authentication and delivery on behalf of the Trustee by an Authenticating Agent and a certificate
of authentication executed on behalf of the Trustee by an Authenticating Agent. Each
Authenticating Agent shall be acceptable to the Company and shall at all times be a corporation
organized and doing business under the laws of the United States of America, any state thereof or
the District of Columbia, authorized under such laws to act as Authenticating Agent, having a
combined capital and surplus of not less than $50,000,000 and subject to supervision or examination
by federal or state authority. If such corporation publishes reports of condition at least
annually, pursuant to law or to the requirements of said supervising or examining authority, then
for the purposes of this Section, the combined capital and surplus of such corporation 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 an Authenticating Agent shall cease to be eligible in accordance with
the provisions of this Section, it shall resign immediately in the manner and with the effect
specified in this Section.

Any corporation into which an Authenticating Agent may be merged or converted or with which it may
be consolidated, or any corporation resulting from any merger, conversion or consolidation to which
such Authenticating Agent shall be a party, or any corporation succeeding to the corporate agency
or corporate trust business of an Authenticating Agent, shall continue to be an Authenticating
Agent, provided such corporation shall be otherwise eligible under this Section, without the
execution or filing of any paper or any further act on the part of the Trustee or the
Authenticating Agent.

An Authenticating Agent may resign at any time by giving written notice thereof to the Trustee and
to the Company. The Trustee may at any time terminate the agency of an Authenticating Agent by
giving written notice thereof 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 such Authenticating
Agent shall cease to be eligible in accordance with the provisions of this Section, the Trustee may
appoint a successor Authenticating Agent which shall be acceptable to the Company and shall give
written notice of such appointment to all Holders of Securities of the series with respect to which
such Authenticating Agent will serve, in the manner provided for in Section 106. Any successor
Authenticating Agent upon acceptance of its appointment hereunder shall become vested with all the
rights, powers and duties of its predecessor hereunder, with like effect as if originally named as
an Authenticating Agent. No successor Authenticating Agent shall be appointed unless eligible
under the provisions of this Section.

The Company agrees to pay to each Authenticating Agent from time to time reasonable compensation
for its services under this Section.

If an appointment with respect to one or more series is made pursuant to this Section, the
Securities of such series may have endorsed thereon, in addition to the Trustee’s certificate of
authentication, an alternate certificate of authentication in the following form:

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

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	 	The Bank of New York Mellon Trust Company, 

N.A., as Trustee
	 
	 	 	 	 
	 

	 	By:	 	 
	 

	 	 	 	 
 Authenticating
Agent
	 

	 	By:	 	 
	 

	 	 	 	 
 Authorized
Officer

SECTION 613. Preferential Collection of Claims Against Company.

If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the
Securities), the Trustee shall be subject to the provisions of the Trust Indenture Act regarding
the collection of claims against the Company (or any such other obligor).

ARTICLE SEVEN

HOLDERS’ LISTS AND REPORTS BY TRUSTEE AND COMPANY

SECTION 701. Disclosure of Names and Addresses of Holders; Company to Furnish Trustee Names and
Addresses of Holders.

The Company will furnish or cause to be furnished to the Trustee:

	 	(1)	 	semi-annually, not more than 15 days after each Regular Record Date, a list for
each series of Registered Securities, in such form as the Trustee may reasonably
require, of the names and addresses of the Holders of Registered Securities of such
series as of the Regular Record Date, and
	 
	 	(2)	 	at such other times as the Trustee may request in writing, within 30 days after
the receipt by the Company of any such request, a list of similar form and content as
of a date not more than 15 days prior to the time such list is furnished;

excluding from any such list names and addresses received by the Trustee in its capacity as
Security Registrar.

Every Holder of Securities or Coupons, by receiving and holding the same, agrees with the Company
and the Trustee that none of the Company or the Trustee or any agent of either of them shall be
held accountable by reason of the disclosure of any such information as to the names and addresses
of the Holders in accordance with TIA Section 312, regardless of the source from which such
information was derived, and that the Trustee shall not be held accountable by reason of mailing
any material pursuant to a request made under TIA Section 312(b). The Trustee shall comply with
all obligations imposed upon it pursuant to TIA Section 312.

SECTION 702. Reports by Trustee.

Within 60 days after September 15 of each year commencing with the first September 15 after the
first issuance of Securities pursuant to this Indenture, the Trustee shall transmit to the

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Holders of Securities, in the manner and to the extent provided in TIA Section 313(c), a brief
report dated as of such September 15 if required by TIA Section 313(a). A copy of each such report
shall, at the time of such transmission to Holders, be filed by the Trustee with each stock
exchange upon which the Securities are listed, with the Commission and with the Company. The
Company will notify the Trustee when the Securities are listed on any stock exchange.

SECTION 703. Reports by Company.

The Company shall:

	 	(1)	 	file with the Trustee, within 15 days after the Company is required to file the
same with the Commission, copies of the annual reports and of the information,
documents and other reports (or copies of such portions of any of the foregoing as the
Commission may from time to time by rules and regulations prescribe) which the Company
may be required to file with the Commission pursuant to Section 13 or Section 15(d) of
the Securities Exchange Act of 1934; or, if the Company is not required to file
information, documents or reports pursuant to either of such Sections, then it shall
file with the Trustee and the Commission, in accordance with rules and regulations
prescribed from time to time by the Commission, such of the supplementary and periodic
information, documents and reports which may be required pursuant to Section 13 of the
Securities Exchange Act of 1934 in respect of a security listed and registered on a
national securities exchange as may be prescribed from time to time in such rules and
regulations;
	 
	 	(2)	 	file with the Trustee and the Commission, in accordance with rules and
regulations prescribed from time to time by the Commission, such additional
information, documents and reports with respect to compliance by the Company with the
conditions and covenants of this Indenture as may be required from time to time by such
rules and regulations; and
	 
	 	(3)	 	transmit to all Holders, in the manner and to the extent provided in TIA
Section 313(c), within 30 days after the filing thereof with the Trustee, such
summaries of any information, documents and reports required to be filed by the Company
pursuant to paragraphs (1) and (2) of this Section as may be required by rules and
regulations prescribed from time to time by the Commission.

Delivery of such reports, information and documents to the Trustee is for informational purposes
only and the Trustee’s receipt of such shall not constitute constructive notice of any information
contained therein or determinable from information contained therein, including the Company’s
compliance with any of its covenants hereunder (as to which the Trustee is entitled to rely
exclusively on Officers’ Certificates).

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ARTICLE EIGHT

CONSOLIDATION, MERGER, CONVEYANCE, TRANSFER OR LEASE

SECTION 801. Company May Consolidate, etc., Only on Certain Terms.

The Company shall not consolidate with or merge into any other Person or convey, transfer or lease
all or substantially all of the property and assets of the Company and its Subsidiaries on a
consolidated basis, to any Person, unless:

	 	(1)	 	the corporation formed by such consolidation or into which the Company is
merged or the Person which acquires by conveyance or transfer, or which leases, all or
substantially all of the properties and assets of the Company and its Subsidiaries on a
consolidated basis (A) shall be a corporation, limited liability company, partnership
or trust organized and validly existing under the laws of the United States of America,
any state thereof or the District of Columbia and (B) shall expressly assume, by an
indenture supplemental hereto, executed by the successor Person and delivered to the
Trustee, in form satisfactory to the Trustee, the Company’s obligation for the due and
punctual payment of the principal of (and premium, if any, on) and interest on all the
Securities and the performance and observance of every covenant of this Indenture on
the part of the Company to be performed or observed;
	 
	 	(2)	 	immediately after giving effect to such transaction, no Default or Event of
Default shall have occurred and be continuing; and
	 
	 	(3)	 	the Company or such successor Person shall have delivered to the Trustee an
Officers’ Certificate and an Opinion of Counsel, each stating that such consolidation,
merger, conveyance, transfer or lease and such supplemental indenture comply with this
Article and that all conditions precedent herein provided for relating to such
transaction have been complied with.

This Section shall only apply to a merger or consolidation in which the Company is not the
surviving corporation and to conveyances, leases and transfers by the Company as transferor or
lessor.

SECTION 802. Successor Person Substituted.

Upon any consolidation by the Company with or merger by the Company into any other corporation or
any conveyance, transfer or lease of the properties and assets of the Company and its Subsidiaries
on a consolidated basis to any Person in accordance with Section 801, the successor Person formed
by such consolidation or into which the Company is merged or to which such conveyance, transfer or
lease is made shall succeed to, and be substituted for, and may exercise every right and power of,
the Company under this Indenture with the same effect as if such successor Person had been named as
the Company herein, and in the event of any such conveyance or transfer, the Company (which term
shall for this purpose mean the Person named as the “Company” in the first paragraph of this
Indenture or any successor Person which shall theretofore become such in the manner described in
Section 801), except in the case of a lease,

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shall be discharged of all obligations and covenants under this Indenture and the Securities and
the Coupons and may be dissolved and liquidated

SECTION 803. Assignment of Rights.

The Company will have the right at all times to assign any of its respective rights or obligations
under this Indenture to a direct or indirect wholly-owned Subsidiary of the Company; provided, that
in the event of any such assignment, the Company will remain liable for all of its respective
obligations. Subject to Section 610, the foregoing provisions of this Section 803, and Section
802, this Indenture may not otherwise be assigned by the parties hereto. This Indenture will be
binding upon and inure to the benefit of the parties hereto and their respective successors and
assigns.

ARTICLE NINE

SUPPLEMENTAL INDENTURES

SECTION 901. Supplemental Indentures Without Consent of Holders.

Without the consent of any Holders, the Company, when authorized by or pursuant to a Board
Resolution, and the Trustee, at any time and from time to time, may enter into one or more
indentures supplemental hereto, in form satisfactory to the Trustee, for any of the following
purposes:

	 	(1)	 	to evidence the succession of another Person to the Company and the assumption
by any such successor of the covenants of the Company contained herein and in the
Securities; or
	 
	 	(2)	 	to add to the covenants of the Company for the benefit of the Holders of all or
any series of Securities and any related Coupons (and if such covenants are to be for
the benefit of less than all series of Securities, stating that such covenants are
being included solely for the benefit of such series) or to surrender any right or
power herein conferred upon the Company; or
	 
	 	(3)	 	to add any additional Events of Default (and if such Events of Default are to
be for the benefit of less than all series of Securities, stating that such Events of
Default are being included solely for the benefit of such series); or
	 
	 	(4)	 	to add to or change any of the provisions of this Indenture to provide that
Bearer Securities may be registrable as to principal, to change or eliminate any
restrictions on the payment of principal of or any premium or interest on Bearer
Securities, to permit Bearer Securities to be issued in exchange for Registered
Securities, to permit Bearer Securities to be issued in exchange for Bearer Securities
of other authorized denominations or to permit or facilitate the issuance of Securities
in uncertificated form; provided that any such action shall not adversely affect the
interests of the Holders of Securities of any series or any related Coupons in any
material respect; or

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	 	(5)	 	to change or eliminate any of the provisions of this Indenture; provided that
any such change or elimination shall become effective only when there is no Security
Outstanding of any series created prior to the execution of such supplemental indenture
which is entitled to the benefit of such provision; or
	 
	 	(6)	 	to secure the Securities; or
	 
	 	(7)	 	to establish the form or terms of Securities of any series as contemplated by
Sections 201 and 301; or
	 
	 	(8)	 	to evidence and provide for the acceptance of appointment hereunder by a
successor Trustee with respect to the Securities of one or more series and to add to or
change any of the provisions of this Indenture as shall be necessary to provide for or
facilitate the administration of the trusts hereunder by more than one Trustee,
pursuant to the requirements of Section 610(b); or
	 
	 	(9)	 	to close this Indenture with respect to the authentication and delivery of
additional series of Securities;
	 
	 	(10)	 	to cure any ambiguity, to correct or supplement any provision herein which may
be defective or inconsistent with any other provision herein, or to make any other
provisions with respect to matters or questions arising under this Indenture or to
amend or supplement any provision contained herein or in any supplemental indenture;
provided that any such action pursuant to this clause (10) shall not adversely affect
the interests of the Holders of Securities of any series and any related Coupons in any
material respect; or
	 
	 	(11)	 	to supplement any of the provisions of this Indenture to such extent as shall
be necessary to permit or facilitate the defeasance and discharge of any series of
Securities pursuant to Sections 401, 1402 and 1403; provided that any such action shall
not adversely affect the interests of the Holders of Securities of such series and any
related Coupons or the Holders of Securities of any other series in any material
respect.

SECTION 902. Supplemental Indentures with Consent of Holders.

With the consent of the Holders of not less than a majority in principal amount of all Outstanding
Securities of any series affected by such supplemental indenture, by Act of said Holders delivered
to the Company and the Trustee, the Company, when authorized by or pursuant to a Board Resolution,
and the Trustee may 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 which affect such series of Securities or of modifying in any manner the rights of the
Holders of Securities of such series under this Indenture; provided, however, that no such
supplemental indenture shall, without the consent of the Holder of each Outstanding Security of
such series affected thereby:

	 	(1)	 	change the Stated Maturity of the principal of, or any installment of interest
on, any Security of such series, or reduce the principal amount thereof or the rate of

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	 	 	 	interest thereon or any premium payable upon the redemption thereof, or change any
obligation of the Company to pay Additional Amounts contemplated by Section 1005
(except as contemplated by Section 801(1) and permitted by Section 901(1)), or
reduce the amount of the principal of an Original Issue Discount Security or an
Indexed Security of such series that would be due and payable upon acceleration of
the Maturity thereof pursuant to Section 502 or the amount thereof provable in
bankruptcy pursuant to Section 504, or change the redemption provisions of any
Security of such series in a manner adverse to the interests of the Holder of such
Security, or adversely affect any right of repayment at the option of any Holder of
any Security of such series, or change any Place of Payment where, or the Currency
in which, any Security of such series or any premium or interest thereon is payable,
or impair the right to institute suit for the enforcement of any such payment on or
after the Stated Maturity thereof (or, in the case of redemption or repayment at the
option of the Holder, on or after the Redemption Date or Repayment Date, as the case
may be), or
	 
	 	(2)	 	reduce the percentage in principal amount of the Outstanding Securities of such
series required for any such supplemental indenture, for any waiver of compliance with
certain provisions of this Indenture which affect such series or certain defaults
applicable to such series hereunder and their consequences provided for in this
Indenture, or reduce the requirements of Section 1504 for quorum or voting with respect
to Securities of such series, or
	 
	 	(3)	 	modify any of the provisions of this Section, Section 513 or Section 1008,
except to increase any such percentage or to provide that certain other provisions of
this Indenture which affect such series cannot be modified or waived without the
consent of the Holder of each Outstanding Security of such series.

Any such supplemental indenture adding any provisions to or changing in any manner or eliminating
any of the provisions of this Indenture, or modifying in any manner the rights of the Holders of
Securities of such series, shall not affect the rights under this Indenture of the Holders of
Securities of any other series. A supplemental indenture which changes or eliminates any covenant
or other provision of this Indenture which has expressly been included solely for the benefit of
one or more particular series of Securities, or which modifies the rights of the Holders of
Securities of such series with respect to such covenant or other provision, shall be deemed not to
affect the rights under this Indenture of the Holders of Securities of any other series.

It shall not be necessary for any Act of Holders under this Section to approve the particular form
of any proposed supplemental indenture, but it shall be sufficient if such Act shall approve the
substance thereof.

SECTION 903. Execution of Supplemental Indentures.

In executing, or accepting the additional trusts created by, any supplemental indenture permitted
by this Article or the modifications thereby of the trusts created by this Indenture, the Trustee
shall be entitled to receive, and shall be fully protected in relying upon, an Opinion of Counsel
stating that the execution of such supplemental indenture is authorized or permitted by this

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Indenture. The Trustee may, but shall not be obligated to, enter into any such supplemental
indenture which affects the Trustee’s own rights, duties or immunities under this Indenture or
otherwise.

SECTION 904. Effect of Supplemental Indentures.

Upon the execution of any supplemental indenture under this Article, this Indenture shall be
modified in accordance therewith, and such supplemental indenture shall form a part of this
Indenture for all purposes; and every Holder of Securities theretofore or thereafter authenticated
and delivered hereunder shall be bound thereby.

SECTION 905. Conformity with Trust Indenture Act.

Every supplemental indenture executed pursuant to this Article shall conform to the requirements of
the Trust Indenture Act as then in effect.

SECTION 906. Reference in Securities to Supplemental Indentures.

Securities of any series authenticated and delivered after the execution of any supplemental
indenture pursuant to this Article may, and shall if required by the Trustee, bear a notation in
form approved by the Trustee as to any matter provided for in such supplemental indenture. If the
Company shall so determine, new Securities of any series so modified as to conform, in the opinion
of the Trustee and the Company, to any such supplemental indenture may be prepared and executed by
the Company and authenticated and delivered by the Trustee in exchange for Outstanding Securities
of such series.

SECTION 907. Notice of Supplemental Indentures.

Promptly after the execution by the Company and the Trustee of any supplemental indenture pursuant
to the provisions of Section 902, the Company shall give notice thereof to the Holders of each
Outstanding Security affected, in the manner provided for in Section 106, setting forth in general
terms the substance of such supplemental indenture, but failure to give such notice or any defect
therein shall not impair the validity of any such supplemental indenture.

ARTICLE TEN

COVENANTS

SECTION 1001. Payment of Principal, Premium, if any, and Interest.

The Company covenants and agrees for the benefit of the Holders of each series of Securities and
any related Coupons that it will duly and punctually pay the principal of (and premium, if any, on)
and interest on the Securities of that series in accordance with the terms of the Securities, any
Coupons appertaining thereto and this Indenture. Unless otherwise specified as contemplated by
Section 301 with respect to any series of Securities, any interest installments due on Bearer
Securities on or before Maturity shall be payable only upon presentation and surrender of the
several Coupons for such interest installments as are evidenced thereby as they severally mature.

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SECTION 1002. Maintenance of Office or Agency.

The Company shall maintain in each Place of Payment for any series of Securities an office or
agency where Securities of such series (but not Bearer Securities, except as otherwise provided
below, unless such Place of Payment is located outside the United States) may be presented or
surrendered for payment, where Securities of such series may be surrendered for registration of
transfer or exchange and where notices and demands to or upon the Company in respect of the
Securities of such series relating thereto and this Indenture may be served. If Securities of a
series are issuable as Bearer Securities, the Company shall maintain, subject to any laws or
regulations applicable thereto, an office or agency in a Place of Payment for such series which is
located outside the United States where Securities of such series and any Coupons appertaining
thereto may be presented or surrendered for payment and such notices to and demands upon the
Company in respect of the Securities of that series and this Indenture may be served; provided,
however, that if the Securities of such series are listed on The Stock Exchange of the United
Kingdom and the Republic of Ireland or the Luxembourg Stock Exchange or any other stock exchange
located outside the United States and such stock exchange shall so require, the Company shall
maintain a Paying Agent in London, Luxembourg or any other required city located outside the United
States, as the case may be, so long as the Securities of such series are listed on such exchange.
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
of the Trustee, except that Bearer Securities of such series and any Coupons appertaining thereto
may be presented and surrendered for payment at the place specified for the purpose with respect to
such Securities as provided in or pursuant to this Indenture, and the Company hereby appoints the
Trustee as its agent to receive all such presentations, surrenders, notices and demands.

Except as otherwise provided in or pursuant to this Indenture, no payment of principal, premium,
interest or Additional Amounts with respect to Bearer Securities shall be made at any office or
agency in the United States or by check mailed to any address in the United States or by transfer
to an account maintained with a bank located in the United States; provided, however, that if
amounts owing with respect to any Bearer Securities shall be payable in Dollars, payment of the
principal of, any premium or interest on and any Additional Amounts with respect to any such
Security may be made at the Corporate Trust Office of the Trustee or any office or agency
designated by the Company in The City of New York, if (but only if) payment of the full amount of
such principal, premium, interest or Additional Amounts at all offices outside the United States
maintained for such purpose by the Company in accordance with this Indenture is illegal or
effectively precluded by exchange controls or other similar restrictions.

The Company may also from time to time designate one or more other offices or agencies where the
Securities of one or more series may be presented or surrendered for any or all such purposes and
may from time to time rescind such designations; provided, however, that no such designation or
rescission shall in any manner relieve the Company of its obligation to maintain an office or
agency in each Place of Payment for Securities of any series for such purposes. The Company shall
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. Unless otherwise provided

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in or pursuant to this Indenture, the Company hereby designates as the Place of Payment for each
series The City of New York, and initially appoints the Trustee, acting through the corporate trust
office of its affiliate, The Bank of New York Mellon, as its agent for such purpose. Pursuant to
Section 301(5) of this Indenture, the Company may subsequently appoint a place or places in
addition to or other than The City of New York where such Securities may be payable.

SECTION 1003. Money for Securities Payments to Be Held in Trust.

If the Company shall at any time act as its own Paying Agent with respect to any series of
Securities and any related Coupons, it will, on or before each due date of the principal of (and
premium, if any, on) or interest on any of the Securities of that series, segregate and hold in
trust for the benefit of the Persons entitled thereto a sum in the Currency in which the Securities
of such series are payable (except as otherwise specified pursuant to Section 301 for the
Securities of such series) sufficient to pay the principal (and premium, if any) or interest so
becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein
provided and will promptly notify the Trustee of its action or failure so to act.

Whenever the Company shall have one or more Paying Agents for any series of Securities and any
related Coupons, it will, on or prior to each due date of the principal of (and premium, if any,
on) or interest on any Securities of that series, deposit with a Paying Agent a sum (in the
Currency described in the preceding paragraph) sufficient to pay the principal (and premium, if
any) or interest so becoming due, such sum to be held in trust for the benefit of the Persons
entitled to such principal, premium or interest, and (unless such Paying Agent is the Trustee) the
Company will promptly notify the Trustee of its action or failure so to act.

The Company will cause each Paying Agent (other than the Trustee) for any series of Securities to
execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the
Trustee, subject to the provisions of this Section, that such Paying Agent will:

	 	(1)	 	hold all sums held by it for the payment of the principal of (and premium, if
any, on) and interest on Securities of such series in trust for the benefit of the
Persons entitled thereto until such sums shall be paid to such Persons or otherwise
disposed of as provided in or pursuant to this Indenture;
	 
	 	(2)	 	give the Trustee notice of any default by the Company (or any other obligor
upon the Securities of such series) in the making of any payment of principal of (or
premium, if any, on) or interest on the Securities of such series; and
	 
	 	(3)	 	at any time during the continuance of any such default, upon the written
request of the Trustee, forthwith pay to the Trustee all sums so held in trust by such
Paying Agent.

The Company may at any time, for the purpose of obtaining the satisfaction and discharge of this
Indenture or for any other purpose, pay, or by Company Order direct any Paying Agent to pay, to the
Trustee all sums held in trust by the Company or such Paying Agent, such sums to be held by the
Trustee upon the same trusts as those upon which sums were held by the Company or such Paying
Agent; and, upon such payment by any Paying Agent to the Trustee, such Paying Agent shall be
released from all further liability with respect to such sums.

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Except as otherwise provided herein or pursuant hereto, 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 (and
premium, if any, on) or interest on any Security of any series, or any Coupon appertaining thereto,
and remaining unclaimed for two years after such principal (and premium, if any) or interest has
become due and payable shall be paid to the Company on Company Request, or (if then held by the
Company) shall be discharged from such trust; and the Holder of such Security or Coupon 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, may at the expense of the
Company cause to be published once, in an Authorized Newspaper in each Place of Payment for such
series or to be mailed to Holders of Registered Securities or both, notice that such money remains
unclaimed and that, after a date specified therein, which shall not be less than 30 days from the
date of such publication or mailing, any unclaimed balance of such money then remaining will be
repaid to the Company.

SECTION 1004. Statement as to Compliance.

The Company will deliver to the Trustee, within 120 days after the end of each fiscal year and
promptly following any request therefor received by the Company from the Trustee, a certificate
from the principal executive officer, principal financial officer or principal accounting officer
of the Company as to his or her knowledge of the Company’s compliance with all conditions and
covenants under this Indenture. For purposes of this Section 1004, such compliance shall be
determined without regard to any period of grace or requirement of notice under this Indenture.
The Company will deliver to the Trustee, within 5 days after the occurrence thereof, written notice
of any event which after notice or lapse of time or both would become an Event of Default pursuant
to clause (4) of Section 501.

SECTION 1005. Additional Amounts.

If any Securities of a series provide for the payment of additional amounts to any Holder in
respect of any tax, assessment or governmental charge (“Additional Amounts”), the Company will pay
to the Holder of any Security of such series or any Coupon appertaining thereto such Additional
Amounts as may be specified as contemplated by Section 301. Whenever in this Indenture there is
mentioned, in any context, the payment of the principal (or premium, if any, on) or interest on, or
in respect of, any Security of a series or payment of any related Coupon or the net proceeds
received on the sale or exchange of any Security of a series, such mention shall be deemed to
include mention of the payment of Additional Amounts provided for by the terms of such series
established pursuant to Section 301 to the extent that, in such context, Additional Amounts are,
were or would be payable in respect thereof pursuant to such terms and express mention of the
payment of Additional Amounts (if applicable) in any provisions hereof shall not be construed as
excluding Additional Amounts in those provisions hereof where such express mention is not made.

Except as otherwise specified as contemplated by Section 301, if the Securities of a series provide
for the payment of Additional Amounts, at least 10 days prior to the first Interest Payment Date
with respect to that series of Securities (or if the Securities of that series will not

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bear interest prior to Maturity, the first day on which a payment of principal (and premium, if
any) is made), and at least 10 days prior to each date of payment of principal (and premium, if
any) or interest if there has been any change with respect to the matters set forth in the
below-mentioned Officers’ Certificate, the Company will furnish the Trustee and the Company’s
principal Paying Agent or Paying Agents, if other than the Trustee, with an Officers’ Certificate
instructing the Trustee and such Paying Agent or Paying Agents whether such payment of principal of
(and premium, if any, on) or interest on the Securities of that series shall be made to Holders of
Securities of that series or any related Coupons who are not United States Persons without
withholding for or on account of any tax, assessment or other governmental charge described in the
Securities of the series. If any such withholding shall be required, then such Officers’
Certificate shall specify by country the amount, if any, required to be withheld on such payments
to such Holders of Securities of that series or related Coupons and the Company will pay to the
Trustee or such Paying Agent the Additional Amounts required by the terms of such Securities. In
the event that the Trustee or any Paying Agent, as the case may be, shall not so receive the
above-mentioned certificate, then the Trustee or such Paying Agent shall be entitled to (i) assume
that no such withholding or deduction is required with respect to any payment of principal (and
premium, if any) or interest with respect to any Securities of a series or related Coupons until it
shall have received a certificate advising otherwise and (ii) to make all payments of principal
(and premium, if any) and interest with respect to the Securities of a series or related Coupons
without withholding or deductions until otherwise advised. The Company covenants to indemnify the
Trustee and any Paying Agent for, and to hold them harmless against, any loss, liability or expense
reasonably incurred without negligence or bad faith on their part arising out of or in connection
with actions taken or omitted by any of them in reliance on any Officers’ Certificate furnished
pursuant to this Section.

SECTION 1006. Corporate Existence.

Subject to Article Eight, the Company will do or cause to be done all things necessary to preserve
and keep in full force and effect its corporate existence and the rights (charter and statutory)
and franchises of the Company; provided, however, that the Company shall not be required to
preserve any such right or franchise if the Company shall determine that the preservation thereof
is no longer desirable in the conduct of the business of the Company and its Subsidiaries as a
whole and that the loss thereof is not disadvantageous in any material respect to any Holder.

SECTION 1007. Limitations on Liens.

(a) So long as any of the Securities or Coupons appertaining thereto shall remain outstanding, the
Company will not, and will not permit any of its Subsidiaries to, create, incur, assume or suffer
to exist any Lien of any kind upon any of its or their property or assets, now owned or hereafter
acquired, without making effective provision whereby all of the Securities shall be directly
secured equally and ratably with the obligation or liability secured by such Lien, except for:

	 	(i)	 	Liens existing as of the date of this Indenture;

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	 	(ii)	 	Liens (including Sale and Lease-back Transactions) on any property acquired,
constructed or improved after the date of this Indenture, which are created or assumed
contemporaneously with, or within 180 days after, such acquisition or completion of
such construction or improvement, or within six months thereafter pursuant to a
commitment for financing arranged with a lender or investor within such 180-day period,
to secure or provide for the payment of all or a portion of the purchase price of such
property or the cost of such construction or improvement incurred after the date of
this Indenture (or prior to the date of this Indenture in the case of any construction
or improvement which is at least 40% completed at the date of this Indenture) or, in
addition to Liens contemplated by clauses (iii) and (iv) below, Liens on any property
existing at the time of acquisition thereof (including acquisition through merger or
consolidation); provided, that any such Lien (other than a Sale and Lease-back
Transaction meeting the requirements of this clause) does not apply to any property
theretofore owned by the Company or a Subsidiary other than, in the case of any such
construction or improvement, any theretofore unimproved real property on which the
property so constructed, or the improvement, is located;
	 
	 	(iii)	 	Liens existing on any property of a Person at the time such Person is merged
with or into, or consolidates with, the Company or a Subsidiary;
	 
	 	(iv)	 	Liens on any property of a Person (including, without limitation, shares of
stock or debt securities) or its subsidiaries existing at the time such Person becomes
a Subsidiary, is otherwise acquired by the Company or a Subsidiary or becomes a
successor to the Company pursuant to Section 802;
	 
	 	(v)	 	Liens to secure an obligation or liability of a Subsidiary to the Company or to
another Subsidiary;
	 
	 	(vi)	 	Liens in favor of the United States of America or any State thereof, or any
department, agency or instrumentality or political subdivision of the United States of
America or any State thereof, to secure partial progress, advance or other payments
pursuant to any contract or statute or to secure any indebtedness incurred for the
purpose of financing all or any part of the purchase price or the cost of constructing
or improving the property subject to such Liens;
	 
	 	(vii)	 	Liens to secure tax-exempt private activity bonds under the Internal Revenue
Code of 1986, as amended;
	 
	 	(viii)	 	Liens arising out of or in connection with a Sale and Lease-back Transaction if the
net proceeds of such Sale and Lease-back Transaction are at least equal to the fair
value (as determined by the Board of Directors, the Chairman of the Board, the Vice
Chairman of the Board, the President or the principal financial officer of the Company)
of the property subject to such Sale and Lease-back Transaction;
	 
	 	(ix)	 	Liens for the sole purpose of extending, renewing or replacing in whole or in
part indebtedness secured by any Lien referred to in the foregoing clauses (i) to
(viii),

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	 	 	 	inclusive, or in this clause (ix); provided, however, that the principal amount of
indebtedness secured thereby shall not exceed the principal amount of indebtedness
so secured at the time of such extension, renewal or replacement, and that such
extension, renewal or replacement shall be limited to all or a part of the property
which secured the Lien so extended, renewed or replaced (plus improvements on such
property);
	 
	 	(x)	 	Liens arising out of or in connection with a Sale and Lease-back Transaction in
which the net proceeds of such Sale and Lease-back Transaction are less than the fair
value (as determined by the Board of Directors, the Chairman of the Board, the Vice
Chairman of the Board, the President or the principal financial officer of the Company)
of the property subject to such Sale and Lease-back Transaction if the Company provides
in a Board Resolution that it shall, and in any such case the Company covenants that it
will, within 180 days of the effective date of any such arrangement (or in the case of
(C) below, within six months thereafter pursuant to a firm purchase commitment entered
into within such 180-day period), apply an amount equal to the fair market value (as so
determined) of such property (A) to the redemption of Securities of any series which
are, by their terms, at the time redeemable or the purchase and retirement of
Securities, if permitted, which Securities shall, in any such case, be delivered to the
Trustee for cancellation pursuant to Section 309, (B) to the payment or other
retirement of Funded Debt incurred or assumed by the Company which ranks senior to or
pari passu with the Securities or of Funded Debt incurred or assumed by any Subsidiary
(other than, in either case, Funded Debt owned by the Company or any Subsidiary) or (C)
to the purchase of property (other than the property involved in such sale); and
	 
	 	(xi)	 	Liens on (x) accounts receivable (and related general intangibles and
instruments) arising out of or in connection with a sale or transfer by the Company or
such Subsidiary of such accounts receivable and (y) any or all of the assets of a
special purpose Subsidiary that has purchased such accounts receivable (and related
general intangibles and instruments) securing indebtedness of such special purpose
Subsidiary;
	 
	 	(xii)	 	Permitted Liens; and
	 
	 	(xiii)	 	Liens other than those referred to in clauses (i) through (xii) above which are
created, incurred or assumed after the date of this Indenture (including those in
connection with purchase money mortgages and Sale and Lease-back Transactions),
provided that the aggregate amount of indebtedness secured by such Liens, or, in the
case of Sale and Lease-back Transactions, the Value of such Sale and Lease-back
Transactions, referred to in this clause (xiii), does not exceed 15% of Consolidated
Total Assets.

(b) If at any time the Company or any Subsidiary shall create, incur, assume or suffer to exist any
Lien and if paragraph (a) of this Section 1007 requires that the Securities be secured equally and
ratably with the obligation or liability secured by such Liens, the Company will deliver to the
Trustee

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	 	(i)	 	an Officers’ Certificate stating that the covenant of the Company contained in
paragraph (a) of this Section 1007 has been complied with; and
	 
	 	(ii)	 	an Opinion of Counsel to the effect that such covenant has been complied with,
and that any instruments executed by the Company in the performance of such covenant
comply with the requirements of such covenant.

In the event that the Company shall hereafter secure the Securities equally and ratably with any
other obligation or liability pursuant to the provisions of this Section 1007, the Trustee is
hereby authorized to enter into an indenture or agreement supplemental hereto.

SECTION 1008. Waiver of Certain Covenants.

The Company may omit in any particular instance to comply with any term, provision or condition set
forth in Section 1007 with respect to the Securities of any series or such other term, provision or
condition to which this Section 1008 may be applicable pursuant to Section 301 if before the time
for such compliance the Holders of at least a majority in principal amount of the Outstanding
Securities of such series, by Act of such Holders, either shall waive such compliance in such
instance or generally shall have waived compliance with such term, provision or condition, but no
such waiver shall extend to or affect such term, provision or condition except to the extent so
expressly waived, and, until such waiver shall become effective, the obligations of the Company and
the duties of the Trustee in respect of any such term, provision or condition shall remain in full
force and effect.

ARTICLE ELEVEN

REDEMPTION OF SECURITIES

SECTION 1101. Applicability of Article.

Securities of any series which are redeemable before their Stated Maturity shall be redeemable in
accordance with the terms of such Securities and (except as otherwise specified as contemplated by
Section 301 for Securities of any series) in accordance with this Article.

SECTION 1102. Election to Redeem; Notice to Trustee.

The election of the Company to redeem any Securities shall be evidenced by or pursuant to a Board
Resolution. In case of any redemption at the election of the Company of the Securities of any
series, the Company shall, at least 60 days prior to the Redemption Date fixed by the Company
(unless a shorter notice shall be satisfactory to the Trustee), notify the Trustee of such
Redemption Date and of the principal amount of Securities of such series to be redeemed and shall
deliver to the Trustee such documentation and records as shall enable the Trustee to select the
Securities to be redeemed pursuant to Section 1103. In the case of any redemption of Securities
(a) prior to the expiration of any restriction on such redemption provided in the terms of such
Securities or elsewhere in this Indenture, or (b) pursuant to an election of the Company which is
subject to a condition specified in the terms of such Securities or elsewhere in this Indenture,
the Company shall furnish the Trustee with an Officers’ Certificate evidencing compliance with such
restriction or condition.

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SECTION 1103. Selection by Trustee of Securities to Be Redeemed.

If less than all the Securities of any series are to be redeemed, the particular Securities to be
redeemed shall be selected not more than 60 days prior to the Redemption Date by the Trustee, from
the Outstanding Securities of such series not previously called for redemption, by such method as
the Trustee shall deem fair and appropriate and which may provide for the selection for redemption
of portions of the principal amount of Securities of such series; provided, however, that no such
partial redemption shall reduce the portion of the principal amount of a Security not redeemed to
less than the minimum authorized denomination for Securities of such series established pursuant to
Section 301.

The Trustee shall promptly notify the Company in writing of the Securities selected for redemption
and, in the case of any Securities selected for partial redemption, the principal amount thereof to
be redeemed.

For all purposes of this Indenture, unless the context otherwise requires, all provisions relating
to the redemption of Securities shall relate, in the case of any Security redeemed or to be
redeemed only in part, to the portion of the principal amount of such Security which has been or is
to be redeemed.

SECTION 1104. Notice of Redemption.

Except as otherwise specified as contemplated by Section 301, notice of redemption shall be given
in the manner provided for in Section 106 not less than 30 nor more than 60 days prior to the
Redemption Date, to each Holder of Securities to be redeemed. Failure to give notice by mailing in
the manner herein provided to the Holder of any Registered Securities designated for redemption as
a whole or in part, or any defect in the notice to any such Holder, shall not affect the validity
of the proceedings for the redemption of any other Securities or portion thereof.

Any notice that is mailed to the Holder of any Registered Securities in the manner herein provided
shall be conclusively presumed to have been duly given, whether or not such Holder receives the
notice.

All notices of redemption shall state:

	 	(1)	 	the Redemption Date,
	 
	 	(2)	 	the Redemption Price, or if not then ascertainable, the manner of calculation
thereof,
	 
	 	(3)	 	if less than all the Outstanding Securities of any series are to be redeemed,
the identification (and, in the case of partial redemption, the principal amounts) of
the particular Securities to be redeemed,
	 
	 	(4)	 	that on the Redemption Date the Redemption Price (together with accrued
interest, if any, to the Redemption Date payable as provided in Section 1106) will
become due and payable upon each such Security, or the portion thereof, to be

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	 	 	 	redeemed and, if applicable, that interest thereon will cease to accrue on and after
said date,
	 
	 	(5)	 	the place or places where such Securities, together in the case of Bearer
Securities with all Coupons appertaining thereto, if any, maturing after the Redemption
Date, are to be surrendered for payment of the Redemption Price,
	 
	 	(6)	 	that the redemption is for a sinking fund, if such is the case,
	 
	 	(7)	 	that, unless otherwise specified in such notice, Bearer Securities of any
series, if any, surrendered for redemption must be accompanied by all Coupons maturing
subsequent to the Redemption Date or the amount of any such missing Coupon or Coupons
will be deducted from the Redemption Price unless security or indemnity satisfactory to
the Company, the Trustee and any Paying Agent is furnished,
	 
	 	(8)	 	if Bearer Securities of any series are to be redeemed and any Registered
Securities of such series are not to be redeemed, and if such Bearer Securities may be
exchanged for Registered Securities not subject to redemption on such Redemption Date
pursuant to Section 305 or otherwise, the last date, as determined by the Company, on
which such exchanges may be made,
	 
	 	(9)	 	in case any Security is to be redeemed in part only, the notice which relates
to such Security shall state that on and after the Redemption Date, upon surrender of
such Security, the Holder of such Security will receive, without charge, a new Security
or Securities of authorized denominations for the principal amount thereof remaining
unredeemed, and
	 
	 	(10)	 	the CUSIP number or the Euroclear or the Clearstream reference numbers of such
Securities, if any (or any other numbers used by a depositary to identify such
Securities).

A notice of redemption published as contemplated by Section 106 need not identify particular
Registered Securities to be redeemed.

Notice of redemption of Securities to be redeemed at the election of the Company shall be given by
the Company or, at the Company’s request, by the Trustee in the name and at the expense of the
Company; provided, however, that the Company shall have delivered to the Trustee, at least 45 days
prior to the Redemption Date (or such shorter period as may be acceptable to the Trustee), an
Officers’ Certificate requesting that the Trustee give such notice and setting forth the
information to be stated in such notice as provided in the second preceding paragraph.

SECTION 1105. Deposit of Redemption Price.

On or prior to any Redemption Date, the Company shall deposit with the Trustee or with a Paying
Agent (or, if the Company is acting as its own Paying Agent, segregate and hold in trust as
provided in Section 1003) an amount of money in the Currency in which the Securities of such series
are payable (except as otherwise specified pursuant to Section 301 for the Securities

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of such series) sufficient to pay the Redemption Price of, and (except as otherwise provided as
contemplated by Section 301) accrued interest on, all the Securities which are to be redeemed on
that date.

SECTION 1106. Securities Payable on Redemption Date.

Notice of redemption having been given as aforesaid, the Securities so to be redeemed shall, on the
Redemption Date, become due and payable at the Redemption Price therein specified in the Currency
in which the Securities of such series are payable (except as otherwise specified pursuant to
Section 301 for the Securities of such series) (together with accrued interest, if any, to the
Redemption Date), and from and after such date (unless the Company shall default in the payment of
the Redemption Price and accrued interest) such Securities shall, if the same were
interest-bearing, cease to bear interest and the Coupons for such interest appertaining to any
Bearer Securities so to be redeemed, except to the extent provided below, shall be void. Upon
surrender of any such Security for redemption in accordance with said notice, together with all
Coupons, if any, appertaining thereto maturing after the Redemption Date, such Security shall be
paid by the Company at the Redemption Price, together with accrued interest, if any, to the
Redemption Date; provided, however, that installments of interest on Bearer Securities whose Stated
Maturity is on or prior to the Redemption Date shall be payable only at an office or agency located
outside the United States (except as otherwise provided in Section 1002) and only upon presentation
and surrender of Coupons for such interest, and provided, further, that (except as otherwise
provided as contemplated by Section 301) installments of interest on Registered Securities whose
Stated Maturity is on or prior to the Redemption Date shall be payable to the Holders of such
Securities, or one or more Predecessor Securities, registered as such at the close of business on
the relevant Record Dates according to their terms and the provisions of Section 307.

If any Bearer Security surrendered for redemption shall not be accompanied by all appurtenant
Coupons maturing after the Redemption Date, such Security may be paid after deducting from the
Redemption Price an amount equal to the face amount of all such missing Coupons, or the surrender
of such missing Coupon or Coupons may be waived by the Company and the Trustee if there be
furnished to them such security or indemnity as they may require to save each of them and any
Paying Agent harmless. If thereafter the Holder of such Security shall surrender to the Trustee or
any Paying Agent any such missing Coupon in respect of which a deduction shall have been made from
the Redemption Price, such Holder shall be entitled to receive the amount so deducted; provided,
however, that interest represented by Coupons shall be payable only at an office or agency located
outside the United States (except as otherwise provided in Section 1002) and, unless otherwise
specified as contemplated by Section 301, only upon presentation and surrender of those Coupons.

If any Security called for redemption or portion thereof shall not be so paid upon surrender
thereof for redemption, the principal (and premium, if any) shall, until paid, bear interest from
the Redemption Date at the rate of interest or Yield to Maturity (in the case of Original Issue
Discount Securities) set forth in the Security.

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SECTION 1107. Securities Redeemed in Part.

Any Security which is to be redeemed only in part (pursuant to the provisions of this Article or of
Article Twelve) shall be surrendered at a Place of Payment therefor (with, if the Company or the
Trustee so requires, due endorsement by, or a written instrument of transfer in form satisfactory
to the Company and the Trustee duly executed by, the Holder thereof or such Holder’s attorney duly
authorized in writing), and the Company shall execute, and the Trustee shall authenticate and
deliver to the Holder of such Security without service charge, a new Security or Securities of the
same series, of any authorized denomination as requested by such Holder, in aggregate principal
amount equal to and in exchange for the unredeemed portion of the principal of the Security so
surrendered.

ARTICLE TWELVE

SINKING FUNDS

SECTION 1201. Applicability of Article.

Retirements of Securities of any series pursuant to any sinking fund shall be made in accordance
with the terms of such Securities and (except as otherwise specified as contemplated by Section 301
for Securities of any series) in accordance with this Article.

The minimum amount of any sinking fund payment provided for by the terms of Securities of any
series is herein referred to as a “mandatory sinking fund payment,” and any payment in excess of
such minimum amount provided for by the terms of Securities of any series is herein referred to as
an “optional sinking fund payment”. If provided for by the terms of Securities of any series, the
cash amount of any mandatory sinking fund payment may be subject to reduction as provided in
Section 1202. Each sinking fund payment shall be applied to the redemption of Securities of any
series as provided for by the terms of Securities of such series.

SECTION 1202. Satisfaction of Sinking Fund Payments with Securities.

Subject to Section 1203, in lieu of making all or any part of any mandatory sinking fund payment
with respect to any Securities of a series in cash, the Company may at its option (1) deliver to
the Trustee Outstanding Securities of such series (other than any previously called for redemption)
theretofore purchased or otherwise acquired by the Company together in the case of any Bearer
Securities of such series with all unmatured Coupons appertaining thereto, and/or (2) receive
credit for the principal amount of Securities of such series which have been previously delivered
to the Trustee by the Company or for Securities of such series which have been redeemed either at
the election of the Company pursuant to the terms of such Securities or through the application of
permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in
satisfaction of all or any part of any mandatory sinking fund payment with respect to the
Securities of the same series required to be made pursuant to the terms of such Securities as
provided for by the terms of such series; provided, however, that such Securities have not been
previously so credited. Such Securities shall be received and credited for such purpose by the
Trustee at the Redemption Price specified in such Securities for redemption through operation of
the sinking fund and the amount of such mandatory sinking fund payment shall be reduced
accordingly.

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SECTION 1203. Redemption of Securities for Sinking Fund.

Not less than 60 days prior to each sinking fund payment date for any series of Securities, the
Company will deliver to the Trustee an Officers’ Certificate specifying the amount of the next
ensuing sinking fund payment for that series pursuant to the terms of that series, the portion
thereof, if any, which is to be satisfied by payment of cash in the Currency in which the
Securities of such series are payable (except as otherwise specified pursuant to Section 301 for
the Securities of such series), the portion thereof, if any, which is to be satisfied by delivering
or crediting Securities of that series pursuant to Section 1202 (which Securities will, if not
previously delivered, accompany such certificate) and the basis for such credit and whether the
Company intends to exercise its right to make a permitted optional sinking fund payment with
respect to such series. Such certificate shall be irrevocable and upon its delivery the Company
shall be obligated to make the cash payment or payments therein referred to, if any, on or before
the next succeeding sinking fund payment date. In the case of the failure of the Company to
deliver such certificate, the sinking fund payment due on the next succeeding sinking fund payment
date for that series shall be paid entirely in cash and shall be sufficient to redeem the principal
amount of such Securities subject to a mandatory sinking fund payment without the option to deliver
or credit Securities as provided in Section 1202 and without the right to make any optional sinking
fund payment, if any, with respect to such series.

Not more than 60 days before each such sinking fund payment date the Trustee shall select the
Securities to be redeemed upon such sinking fund payment date in the manner specified in Section
1103 and cause notice of the redemption thereof to be given in the name of and at the expense of
the Company in the manner provided in Section 1104. Such notice having been duly given, the
redemption of such Securities shall be made upon the terms and in the manner stated in Sections
1106 and 1107.

On or prior to any sinking fund payment date, the Company shall pay to the Trustee or a Paying
Agent (or, if the Company is acting as its own Paying Agent, segregate and hold in trust as
provided in Section 1003) in cash a sum equal to any interest that will accrue to the date fixed
for redemption of Securities or portions thereof to be redeemed on such sinking fund payment date
pursuant to this Section 1203.

Notwithstanding the foregoing, with respect to a sinking fund for any series of Securities, if at
any time the amount of cash to be paid into such sinking fund on the next succeeding sinking fund
payment date, together with any unused balance of any preceding sinking fund payment or payments
for such series, does not exceed in the aggregate $100,000, the Trustee, unless requested by the
Company, shall not give the next succeeding notice of the redemption of Securities of such series
through the operation of the sinking fund. Any such unused balance of moneys deposited in such
sinking fund shall be added to the sinking fund payment for such series to be made in cash on the
next succeeding sinking fund payment date or, at the request of the Company, shall be applied at
any time or from time to time to the purchase of Securities of such series, by public or private
purchase, in the open market or otherwise, at a purchase price for such Securities (excluding
accrued interest and brokerage commissions, which will be paid by the Company separately through
the Trustee or any Paying Agent) not in excess of the principal amount thereof.

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ARTICLE THIRTEEN

REPAYMENT AT OPTION OF HOLDERS

SECTION 1301. Applicability of Article.

Repayment of Securities of any series before their Stated Maturity at the option of Holders thereof
shall be made in accordance with the terms of such Securities and (except as otherwise specified as
contemplated by Section 301 for Securities of any series) in accordance with this Article.

SECTION 1302. Repayment of Securities.

Securities of any series subject to repayment in whole or in part at the option of the Holders
thereof will, unless otherwise provided in the terms of such Securities, be repaid at a price equal
to the principal amount thereof, together with interest, if any, thereon accrued to the Repayment
Date specified in or pursuant to the terms of such Securities. The Company covenants that on or
before the Repayment Date it will deposit with the Trustee or with a Paying Agent (or, if the
Company is acting as its own Paying Agent, segregate and hold in trust as provided in Section 1003)
an amount of money in the Currency in which the Securities of such series are payable (except as
otherwise specified pursuant to Section 301 for the Securities of such series) sufficient to pay
the principal (or, if so provided by the terms of the Securities of any series, a percentage of the
principal) of, and (except if the Repayment Date shall be an Interest Payment Date and unless
otherwise specified as contemplated by Section 301) accrued interest on, all the Securities or
portions thereof, as the case may be, to be repaid on such date.

SECTION 1303. Exercise of Option.

Securities of any series subject to repayment at the option of the Holders thereof will contain an
“Option to Elect Repayment” form on the reverse of such Securities. To be repaid at the option of
the Holder, any Security so providing for such repayment, with the “Option to Elect Repayment” form
on the reverse of such Security duly completed by the Holder (or by the Holder’s attorney duly
authorized in writing), must be received by the Company at the Place of Payment therefor specified
in the terms of such Security (or at such other place or places of which the Company shall from
time to time notify the Holders of such Securities) not earlier than 45 days nor later than 30 days
prior to the Repayment Date. If less than the entire principal amount of such Security is to be
repaid in accordance with the terms of such Security, the principal amount of such Security to be
repaid, in increments of the minimum denomination for Securities of such series (except as
otherwise specified pursuant to Section 301 for the Securities of such series), and the
denomination or denominations of the Security or Securities to be issued to the Holder for the
portion of the principal amount of such Security surrendered that is not to be repaid, must be
specified. The principal amount of any Security providing for repayment at the option of the
Holder thereof may not be repaid in part if, following such repayment, the unpaid principal amount
of such Security would be less than the minimum authorized denomination of Securities of the series
of which such Security to be repaid is a part. Except as otherwise may be provided by the terms of
any Security providing for repayment at the option of the Holder thereof, exercise of the repayment
option by the Holder shall be irrevocable unless waived by the Company.

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SECTION 1304. When Securities Presented for Repayment Become Due and Payable.

If Securities of any series providing for repayment at the option of the Holders thereof shall have
been surrendered as provided in this Article and as provided by or pursuant to the terms of such
Securities, such Securities or the portions thereof, as the case may be, to be repaid shall become
due and payable and shall be paid by the Company on the Repayment Date therein specified, and on
and after such Repayment Date (unless the Company shall default in the payment of such Securities
on such Repayment Date) such Securities shall, if the same were interest-bearing, cease to bear
interest and the Coupons for such interest appertaining to any Bearer Securities so to be repaid,
except to the extent provided below, shall be void. Upon surrender of any such Security for
repayment in accordance with such provisions, together with all Coupons, if any, appertaining
thereto maturing after the Repayment Date, the principal amount of such Security so to be repaid
shall be paid by the Company, together with accrued interest, if any, to the Repayment Date;
provided, however, that unless otherwise specified as contemplated by Section 301: (a) Coupons
whose Stated Maturity is on or prior to the Repayment Date shall be payable only at an office or
agency located outside the United States (except as otherwise provided in Section 1002) and only
upon presentation and surrender of such Coupons; and (b) in the case of Registered Securities,
installments of interest, if any, whose Stated Maturity is on or prior to the Repayment Date shall
be payable to the Holders of such Securities, or one or more Predecessor Securities, registered as
such at the close of business on the relevant Record Dates according to their terms and the
provisions of Section 307.

If any Bearer Security surrendered for repayment shall not be accompanied by all appurtenant
Coupons maturing after the Repayment Date, such Security may be paid after deducting from the
amount payable therefor as provided in Section 1302 an amount equal to the face amount of all such
missing Coupons, or the surrender of such missing Coupon or Coupons may be waived by the Company
and the Trustee if there be furnished to them such security or indemnity as they may require to
save each of them and any Paying Agent harmless. If thereafter the Holder of such Security shall
surrender to the Trustee or any Paying Agent any such missing Coupon in respect of which a
deduction shall have been made as provided in the preceding sentence, such Holder shall be entitled
to receive the amount so deducted; provided, however, that interest represented by Coupons shall be
payable only at an office or agency located outside the United States (except as otherwise provided
in Section 1002) and, unless otherwise specified as contemplated by Section 301, only upon
presentation and surrender of those Coupons.

If the principal amount of any Security surrendered for repayment shall not be so repaid upon
surrender thereof, such principal amount (together with interest, if any, thereon accrued to such
Repayment Date) shall, until paid, bear interest from the Repayment Date at the rate of interest or
Yield to Maturity (in the case of Original Issue Discount Securities) set forth in such Security.

SECTION 1305. Securities Repaid in Part.

Upon surrender of any Registered Security which is to be repaid in part only, the Company shall
execute and the Trustee shall authenticate and deliver to the Holder of such Security, without
service charge and at the expense of the Company, a new Registered Security or Securities of the
same series, of any authorized denomination specified by the Holder, in an aggregate principal

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amount equal to and in exchange for the portion of the principal of such Security so surrendered
which is not to be repaid.

ARTICLE FOURTEEN

DEFEASANCE AND COVENANT DEFEASANCE

SECTION 1401. Company’s Option to Effect Defeasance or Covenant Defeasance.

Except as otherwise specified pursuant to Section 301 for Securities of any series, the provisions
of this Article Fourteen shall apply to each series of Securities, and the Company may, at its
option, effect defeasance of the Securities of or within a series under Section 1402 or covenant
defeasance of or within a series under Section 1403, in each case in accordance with the terms of
such Securities and in accordance with this Article.

SECTION 1402. Defeasance and Discharge.

Upon the Company’s exercise of the above option applicable to this Section with respect to any
Securities of or within a series, the Company shall be deemed to have been discharged from its
obligations with respect to such Outstanding Securities and any related Coupons on the date the
conditions set forth in Section 1404 are satisfied (hereinafter, “defeasance”). For this purpose,
such defeasance means that the Company shall be deemed to have paid and discharged the entire
indebtedness represented by such Outstanding Securities and any related Coupons, which shall
thereafter be deemed to be “Outstanding” only for the purposes of Section 1405 and the other
Sections of this Indenture referred to in (A) and (B) below, and to have satisfied all its other
obligations under such Securities and any related Coupons and this Indenture insofar as such
Securities and any related Coupons are concerned (and the Trustee, at the expense of the Company,
shall execute proper instruments acknowledging the same), except for the following which shall
survive until otherwise terminated or discharged hereunder: (A) the rights of Holders of such
Outstanding Securities and any related Coupons to receive, solely from the trust fund described in
Section 1404 and as more fully set forth in such Section, payments in respect of the principal of
(and premium, if any, on) and interest on such Securities and any related Coupons when such
payments are due, (B) the Company’s obligations with respect to such Securities under Sections 304,
305, 306, 1002 and 1003 and with respect to the payment of Additional Amounts, if any, on such
Securities as contemplated by Section 1005, (C) the rights, powers, trusts, duties and immunities
of the Trustee hereunder and (D) this Article Fourteen. Subject to compliance with this Article
Fourteen, the Company may exercise its option under this Section 1402 notwithstanding the prior
exercise of its option under Section 1403 with respect to such Securities and any related Coupons.

SECTION 1403. Covenant Defeasance.

Upon the Company’s exercise of the above option applicable to this Section with respect to any
Securities of or within a series, the Company shall be released from its obligations under Section
1007, and, if specified pursuant to Section 301, its obligations under any other covenant, with
respect to such Outstanding Securities and any related Coupons on and after the date the conditions
set forth in Section 1404 are satisfied (hereinafter, “covenant defeasance”), and such Securities
and any related Coupons shall thereafter be deemed not to be “Outstanding” for the

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purposes of any direction, waiver, consent or declaration or Act of Holders (and the consequences
of any thereof) in connection with such covenants, but shall continue to be deemed “Outstanding”
for all other purposes hereunder. For this purpose, such covenant defeasance means that, with
respect to such Outstanding Securities and any related Coupons, the Company may omit to comply with
and shall have no liability in respect of any term, condition or limitation set forth in any such
covenant, whether directly or indirectly, by reason of any reference elsewhere herein to any such
covenant or by reason of reference in any such covenant to any other provision herein or in any
other document and such omission to comply shall not constitute a Default or an Event of Default
under Section 501(4) or otherwise, as the case may be, but, except as specified above, the
remainder of this Indenture and such Securities and any related Coupons shall be unaffected
thereby.

SECTION 1404. Conditions to Defeasance or Covenant Defeasance.

The following shall be the conditions to application of either Section 1402 or Section 1403 to any
Outstanding Securities of or within a series and any related Coupons:

	 	(1)	 	The Company shall irrevocably have deposited or caused to be deposited with the
Trustee (or another trustee satisfying the requirements of Section 608 who shall agree
to comply with the provisions of this Article Fourteen applicable to it) as trust funds
in trust for the purpose of making the following payments, specifically pledged as
security for, and dedicated solely to, the benefit of the Holders of such Securities
and any related Coupons, (A) an amount (in such Currency in which such Securities and
any related Coupons are then specified as payable at Stated Maturity), or (B)
Government Obligations applicable to such Securities (determined on the basis of the
Currency in which such Securities are then specified as payable at Stated Maturity)
which through the scheduled payment of principal and interest in respect thereof in
accordance with their terms (without consideration of any reinvestment thereof) will
provide, not later than one day before the due date of any payment of principal
(including any premium) and interest, if any, under such Securities and any related
Coupons, money in an amount, or (C) a combination thereof, sufficient, in the opinion
of a nationally recognized firm of independent public accountants expressed in a
written certification thereof delivered to the Trustee, to pay and discharge, and which
shall be applied by the Trustee (or other qualifying trustee) to pay and discharge, (i)
the principal of (and premium, if any, on) and interest on such Outstanding Securities
and any related Coupons on the Stated Maturity (or Redemption Date, if applicable) of
such principal (and premium, if any) or installment or interest and (ii) any mandatory
sinking fund payments or analogous payments applicable to such Outstanding Securities
and any related Coupons on the day on which such payments are due and payable in
accordance with the terms of this Indenture and of such Securities and any related
Coupons; provided that the Trustee shall have been irrevocably instructed to apply such
money or the proceeds of such Government Obligations to said payments with respect to
such Securities and any related Coupons. Before such a deposit, the Company may give
to the Trustee, in accordance with Section 1102 hereof, a notice of its election to
redeem all or any portion of such Outstanding Securities at a future date in accordance
with the

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	 	 	 	terms of the Securities of such series and Article Eleven hereof, which notice shall
be irrevocable. Such irrevocable redemption notice, if given, shall be given effect
in applying the foregoing.
	 
	 	(2)	 	No Default or Event of Default with respect to such Securities and any related
Coupons shall have occurred and be continuing on the date of such deposit or, insofar
as paragraphs (5) and (6) of Section 501 are concerned, at any time during the period
ending on the 91st day after the date of such deposit (it being understood that this
condition shall not be deemed satisfied until the expiration of such period).
	 
	 	(3)	 	Such defeasance or covenant defeasance shall not result in a breach or
violation of, or constitute a default under, this Indenture or any other material
agreement or instrument to which the Company is a party or by which it is bound.
	 
	 	(4)	 	In the case of an election under Section 1402, the Company shall have delivered
to the Trustee an Opinion of Counsel stating that (x) the Company has received from, or
there has been published by, the Internal Revenue Service a ruling, or (y) since the
date of execution of this Indenture, there has been a change in the applicable United
States federal income tax law, in either case to the effect that, and based thereon
such opinion shall confirm that, the Holders of such Outstanding Securities and any
related Coupons will not recognize income, gain or loss for United States federal
income tax purposes as a result of such defeasance and will be subject to United States
federal income tax on the same amounts, in the same manner and at the same times as
would have been the case if such defeasance had not occurred.
	 
	 	(5)	 	In the case of an election under Section 1403, the Company shall have delivered
to the Trustee an Opinion of Counsel to the effect that the Holders of such Outstanding
Securities and any related Coupons will not recognize income, gain or loss for United
States federal income tax purposes as a result of such covenant defeasance and will be
subject to United States federal income tax on the same amounts, in the same manner and
at the same times as would have been the case if such covenant defeasance had not
occurred.
	 
	 	(6)	 	Notwithstanding any other provisions of this Section, such defeasance or
covenant defeasance shall be effected in compliance with any additional or substitute
terms, conditions or limitations in connection therewith pursuant to Section 301.
	 
	 	(7)	 	The Company shall have delivered to the Trustee an Officers’ Certificate and an
Opinion of Counsel, each stating that all conditions precedent provided for herein
relating to either the defeasance under Section 1402 or the covenant defeasance under
Section 1403 (as the case may be) have been complied with.

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SECTION 1405. Deposited Money and Government Obligations to Be Held in Trust; Other Miscellaneous
Provisions.

Subject to the provisions of the last paragraph of Section 1003, all money and Government
Obligations (or other property as may be provided pursuant to Section 301) (including the proceeds
thereof) deposited with the Trustee (or other qualifying trustee — collectively for purposes of
this Section 1405, the “Trustee”) pursuant to Section 1404 in respect of the Outstanding Securities
of a series and any related Coupons shall be held in trust and applied by the Trustee, in
accordance with the provisions of such Securities and any related Coupons and this Indenture, to
the payment, either directly or through any Paying Agent (including the Company acting as its own
Paying Agent) as the Trustee may determine, to the Holders of such Securities and any related
Coupons of all sums due and to become due thereon in respect of principal (and premium, if any) and
interest, but such money need not be segregated from other funds except to the extent required by
law.

Unless otherwise specified with respect to any Security pursuant to Section 301, if, after a
deposit referred to in Section 1404(1) has been made, (a) the Holder of a Security in respect of
which such deposit was made is entitled to, and does, elect pursuant to the terms of such Security
to receive payment in a Currency other than that in which the deposit pursuant to Section 1404(1)
has been made in respect of such Security, or (b) a Conversion Event occurs or by the terms of any
Security in respect of which the deposit pursuant to Section 1404(1) has been made, the
indebtedness represented by such Security and any related Coupons shall be deemed to have been, and
will be, fully discharged and satisfied through the payment of the principal of (premium, if any,
on), and interest, if any, on such Security as they become due out of the proceeds yielded by
converting (from time to time as specified below in the case of any such election) the amount or
other property deposited in respect of such Security into the Currency in which such Security
becomes payable as a result of such election or Conversion Event based on the applicable Market
Exchange Rate for such Currency in effect on the third Business Day prior to each payment date,
except, with respect to a Conversion Event, for such Currency in effect (as nearly as feasible) at
the time of the Conversion Event.

The Company shall pay and indemnify the Trustee against any tax, fee or other charge imposed on or
assessed against the Government Obligations deposited pursuant to Section 1404 or the principal and
interest received in respect thereof other than any such tax, fee or other charge which by law is
for the account of the Holders of such Outstanding Securities and any related Coupons.

Anything in this Article Fourteen to the contrary notwithstanding, the Trustee shall deliver or pay
to the Company from time to time upon Company Request any money or Government Obligations (or other
property and any proceeds therefrom) held by it as provided in Section 1404 which, in the opinion
of a nationally recognized firm of independent public accountants expressed in a written
certification thereof delivered to the Trustee, are in excess of the amount thereof which would
then be required to be deposited to effect an equivalent defeasance or covenant defeasance, as
applicable, in accordance with this Article.

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SECTION 1406. Reinstatement.

If the Trustee or any Paying Agent is unable to apply any money in accordance with Section 1405 by
reason of any order or judgment of any court or governmental authority enjoining, restraining or
otherwise prohibiting such application, then the Company’s obligations under this Indenture and
such Securities and any related Coupons shall be revived and reinstated as though no deposit had
occurred pursuant to Section 1402 or 1403, as the case may be, until such time as the Trustee or
Paying Agent is permitted to apply all such money in accordance with Section 1405; provided,
however, that if the Company makes any payment of principal of (or premium, if any, on) or interest
on any such Security and any related Coupon following the reinstatement of its obligations, the
Company shall be subrogated to the rights of the Holders of such Securities and any related Coupons
to receive such payment from the money held by the Trustee or Paying Agent.

SECTION 1407. Qualifying Trustee.

Any trustee appointed pursuant to Section 1404 for the purpose of holding trust funds deposited
pursuant to that Section shall be appointed under an agreement in form acceptable to the Trustee
and shall provide to the Trustee a certificate of such trustee, upon which certificate the Trustee
shall be entitled to conclusively rely, that all conditions precedent provided for herein to the
related defeasance or covenant defeasance have been complied with. In no event shall the Trustee
be liable for any acts or omissions of said trustee.

ARTICLE FIFTEEN

MEETINGS OF HOLDERS OF SECURITIES

SECTION 1501. Purposes for Which Meetings May Be Called.

A meeting of Holders of Securities of any series may be called at any time and from time to time
pursuant to this Article to make, give or take any request, demand, authorization, direction,
notice, consent, waiver or other action provided by this Indenture to be made, given or taken by
Holders of Securities of such series.

SECTION 1502. Call, Notice and Place of Meetings.

(a) The Trustee may at any time call a meeting of Holders of Securities of any series for any
purpose specified in Section 1501, to be held at such time and at such place in The City of New
York, or, if Securities of such series have been issued in whole or in part as Bearer Securities,
in London or in such other place outside of the United States as the Trustee shall determine.
Notice of every meeting of Holders of Securities of any series, setting forth the time and the
place of such meeting and in general terms the action proposed to be taken at such meeting, shall
be given, in the manner provided for in Section 106, not less than 21 nor more than 180 days prior
to the date fixed for the meeting.

(b) In case at any time the Company, by or pursuant to a Board Resolution, or the Holders of at
least 10% in principal amount of the Outstanding Securities of any series shall have requested the
Trustee to call a meeting of the Holders of Securities of such series for any purpose specified in
Section 1501, by written request setting forth in reasonable detail the action proposed to be

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taken at the meeting, and the Trustee shall not have given the notice of such meeting within 21
days after receipt of such request or shall not thereafter proceed to cause the meeting to be held
as provided herein, then the Company or the Holders of Securities of such series in the amount
above specified, as the case may be, may determine the time and the place in The City of New York,
or, if Securities of such series are to be issued as Bearer Securities, in London for such meeting
and may call such meeting for such purposes by giving notice thereof as provided in paragraph (a)
of this Section.

SECTION 1503. Persons Entitled to Vote at Meetings.

To be entitled to vote at any meeting of Holders of Securities of any series, a Person shall be (1)
a Holder of one or more Outstanding Securities of such series, or (2) a Person appointed by an
instrument in writing as proxy for a Holder or Holders of one or more Outstanding Securities of
such series by such Holder or Holders. The only Persons who shall be entitled to be present or to
speak at any meeting of Holders of Securities of any series shall be the Persons entitled to vote
at such meeting and their counsel, any representatives of the Trustee and its counsel and any
representatives of the Company and its counsel.

SECTION 1504. Quorum; Action.

The Persons entitled to vote a majority in principal amount of the Outstanding Securities of a
series shall constitute a quorum for a meeting of Holders of Securities of such series; provided,
however, that, if any action is to be taken at such meeting with respect to a consent or waiver
which this Indenture expressly provides may be given by the Holders of not less than a specified
percentage in principal amount of the Outstanding Securities of a series, the Persons entitled to
vote such specified percentage in principal amount of the Outstanding Securities of such series
shall constitute a quorum. In the absence of a quorum within 30 minutes of the time appointed for
any such meeting, the meeting shall, if convened at the request of Holders of Securities of such
series, be dissolved. In any other case the meeting may be adjourned for a period of not less than
10 days as determined by the chairman of the meeting prior to the adjournment of such meeting. In
the absence of a quorum at any such adjourned meeting, such adjourned meeting may be further
adjourned for a period of not less than 10 days as determined by the chairman of the meeting prior
to the adjournment of such adjourned meeting. Notice of the reconvening of any adjourned meeting
shall be given as provided in Section 1502(a), except that such notice need be given not less than
five days prior to the date on which the meeting is scheduled to be reconvened. Notice of the
reconvening of any adjourned meeting shall state expressly the percentage, as provided above, of
the principal amount of the Outstanding Securities of such series which shall constitute a quorum.

Except as limited by the proviso to Section 902, any resolution presented to a meeting or adjourned
meeting duly reconvened at which a quorum is present as aforesaid may be adopted by the affirmative
vote of the Holders of not less than a majority in principal amount of the Outstanding Securities
of that series; provided, however, that, except as limited by the proviso to Section 902, any
resolution with respect to any request, demand, authorization, direction, notice, consent, waiver
or other action which this Indenture expressly provides may be made, given or taken by the Holders
of a specified percentage, which is less than a majority, in principal amount of the Outstanding
Securities of a series may be adopted at a meeting or an adjourned meeting

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duly reconvened and at which a quorum is present as aforesaid by the affirmative vote of the
Holders of not less than such specified percentage in principal amount of the Outstanding
Securities of that series.

Any resolution passed or decision taken at any meeting of Holders of Securities of any series duly
held in accordance with this Section shall be binding on all the Holders of Securities of such
series and the related Coupons, whether or not present or represented at the meeting.

Notwithstanding the foregoing provisions of this Section 1504, if any action is to be taken at a
meeting of Holders of Securities of any series with respect to any request, demand, authorization,
direction, notice, consent, waiver or other action that this Indenture expressly provides may be
made, given or taken by the Holders of a specified percentage in principal amount of all
Outstanding Securities affected thereby, or of the Holders of such series and one or more
additional series:

	 	(i)	 	there shall be no minimum quorum requirement for such meeting; and
	 
	 	(ii)	 	the principal amount of the Outstanding Securities of such series that vote in
favor of such request, demand, authorization, direction, notice, consent, waiver or
other action shall be taken into account in determining whether such request, demand,
authorization, direction, notice, consent, waiver or other action has been made, given
or taken under this Indenture.

SECTION 1505. Determination of Voting Rights; Conduct and Adjournment of Meetings.

(a) Notwithstanding any provisions of this Indenture, the Trustee may make such reasonable
regulations as it may deem advisable for any meeting of Holders of Securities of a series in regard
to proof of the holding of Securities of such series 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 deem appropriate. Except as otherwise permitted or required
by any such regulations, the holding of Securities shall be proved in the manner specified in
Section 104 and the appointment of any proxy shall be proved in the manner specified in Section 104
or by having the signature of the person executing the proxy witnessed or guaranteed by any trust
company, bank or banker authorized by Section 104 to certify to the holding of Bearer Securities.
Such regulations may provide that written instruments appointing proxies, regular on their face,
may be presumed valid and genuine without the proof specified in Section 104 or other proof.

(b) 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 Holders of Securities as provided in
Section 1502(b), in which case the Company or the Holders of Securities of the series 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 Persons entitled
to vote a majority in principal amount of the Outstanding Securities of such series represented at
the meeting.

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(c) At any meeting each Holder of a Security of such series or proxy shall be entitled to one vote
for each $1,000 principal amount of Outstanding Securities of such series held or represented by
him (determined as specified in the definition of “Outstanding” in Section 101); provided, however,
that no vote shall be cast or counted at any meeting in respect of any Security 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, except as a Holder of a Security of such series or proxy.

(d) Any meeting of Holders of Securities of any series duly called pursuant to Section 1502 at
which a quorum is present may be adjourned from time to time by Persons entitled to vote a majority
in principal amount of the Outstanding Securities of such series represented at the meeting; and
the meeting may be held as so adjourned without further notice.

SECTION 1506. Counting Votes and Recording Action of Meetings.

The vote upon any resolution submitted to any meeting of Holders of Securities of any series shall
be by written ballots on which shall be subscribed the signatures of the Holders of Securities of
such series or of their representatives by proxy and the principal amounts and serial numbers of
the Outstanding Securities of such series 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, at least in
duplicate, of the proceedings of each meeting of Holders of Securities of any series 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 given as provided in Section 1502 and, if applicable, Section 1504.
Each copy shall be signed and verified by the affidavits of the permanent chairman and secretary of
the meeting and one such copy shall be delivered to the Company, and another 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.

* * * * *

This Indenture may be executed in any number of counterparts, each of which so executed shall be
deemed to be an original, but all such counterparts shall together constitute but one and the same
Indenture.

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

	 	 	 	 	 
	 	NEWELL RUBBERMAID INC.

 	 
	 	By:  	 	 
	 	Name:  	 	 
	 	Title:  	 	 
	 
	 	THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A.

as Trustee

 	 
	 	By:  	 	 
	 	Name:  	 	 
	 	Title:  	 	 
	 

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