Document:

Exhibit

EXHIBIT 4.1

Form of Series B Notes

THE SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR THE SECURITIES LAWS OF ANY STATE AND MAY NOT BE SOLD OR OTHERWISE DISPOSED OF EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER SUCH ACT AND APPLICABLE STATE SECURITIES LAWS OR PURSUANT TO AN APPLICABLE EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF SUCH ACT AND SUCH LAWS.

FRANKLIN ELECTRIC CO., INC.

4.04% SENIOR NOTE, SERIES B, DUE SEPTEMBER 26, 2025

	
		
	No.  _____
	PPN: [_______]

ORIGINAL PRINCIPAL AMOUNT:  $ 
ORIGINAL ISSUE DATE:  September 26, 2018
INTEREST RATE:  4.04%
INTEREST PAYMENT DATES:  March 26 and September 26 of each year, commencing March 26, 2019
FINAL MATURITY DATE:  September 26, 2025
PRINCIPAL PREPAYMENT DATES AND AMOUNTS:  Entire principal amount payable at final maturity

FOR VALUE RECEIVED, the undersigned, FRANKLIN ELECTRIC CO., INC. (herein called the “Company”), a corporation organized and existing under the laws of the State of Indiana, hereby promises to pay to ________________________________, or registered assigns, the principal sum of __________________________________________ ($________________) (or so much thereof as shall not have been prepaid) on the Final Maturity Date specified above in an amount equal to the unpaid principal balance hereof, with interest (computed on the basis of a 360-day year-30-day month) (a) on the unpaid balance thereof at the Interest Rate per annum specified above, payable on each Interest Payment Date specified above and on the Final Maturity Date specified above, commencing with the Interest Payment Date next succeeding the date hereof, until the principal hereof shall have become due and payable, and (b) on any overdue payment of interest and, during the continuance of an Event of Default, on such unpaid balance and on any overdue payment of any Make-Whole, at a rate per annum from time to time equal to the greater of (i) 2% 

over the Interest Rate specified above or (ii) 2% over the rate of interest publicly announced by JPMorgan Chase Bank in New York, New York as its “base” or “prime” rate (or, at the option of the registered holder hereof, on demand).

Payments of principal, Make-Whole Amount, if any, and interest are to be made at the main office of JPMorgan Chase Bank in New York City or at such other place as the holder hereof shall designate to the Company in writing, in lawful money of the United States of America.

This Note is one of a series of Senior Notes (herein called the “Notes”) issued pursuant to the Note Purchase and Private Shelf Agreement, dated as of May 27, 2015 (as it may be amended, modified or supplemented, the “Agreement”), among the Company, on the one hand, and NYL Investors LLC, the Purchasers and each New York Life Affiliate which becomes party thereto, on the other hand, and is entitled to the benefits thereof.

This Note is a registered Note and, as provided in the Agreement, upon surrender of this Note for registration of transfer, duly endorsed, or accompanied by a written instrument of transfer duly executed, by the registered holder hereof or such holder’s attorney duly authorized in writing, a new Note for the then outstanding principal amount will be issued to, and registered in the name of, the transferee.  Prior to due presentment for registration of transfer, the Company may treat the person in whose name this Note is registered as the owner hereof for the purpose of receiving payment and for all other purposes, and the Company shall not be affected by any notice to the contrary.

This Note is subject to optional prepayment on the terms specified in the Agreement.

In case an Event of Default shall occur and be continuing, the principal of this Note may be declared or otherwise become due and payable in the manner, at the price (including any applicable Make-Whole Amount) and with the effect provided in the Agreement.

Capitalized terms used and not otherwise defined herein shall have the meanings (if any) provided in the Agreement.

[signature page follows]

    

This Note is intended to be performed in the State of New York and shall be construed and enforced in accordance with the internal law of such State.

FRANKLIN ELECTRIC CO., INC.
	
				
	Date: September 26, 2018
	 
	By
	/s/ John J. Haines

	 
	 
	 
	John J. Haines

	 
	 
	 
	Vice President and Chief Financial Officer

	 
	 
	 
	(Principal Financial and Accounting Officer)

[Signature Page to Series B Note]EX-10.1

 Exhibit 10.1 

StoneCo Ltd. 
 and 

[Name of Indemnitee] 
  

 
 INDEMNITY
AGREEMENT 
  
  

 
 

 

 THIS AGREEMENT is made on the [•] 

BETWEEN: 
  

	(1)	 StoneCo Ltd., an exempted company incorporated in the Cayman Islands (the Company);
and 

  

	(2)	 [•], a [director and/or officer] of the Company (the Indemnitee). 

WHEREAS: 
  

	(A)	 The Indemnitee [has served as a director and/or officer of the Company since/will be appointed as a director
and/or officer on] [•]. 

  

	(B)	 The Indemnitee [has performed/will perform] valuable services to the Company. 

 

	(C)	 The substantial increase in corporate litigation subjects directors and officers to expensive litigation risks
at the same time that the availability of directors’ and officers’ liability insurance has been severely limited. 

  

	(D)	 It [is/was] a condition to the appointment of the Indemnitee as a [director and/or officer] of the Company that
the Company indemnify the Indemnitee so as to provide [him/her] with the maximum possible protection permitted by law. 

  

	(E)	 The Company wishes to indemnify the Indemnitee on the terms of this Agreement. 

IT IS AGREED THAT: 
  

	1	 DEFINITIONS 

  

	1.1	 In this Agreement: 

  

	 	(a)	 the term Proceeding shall include any threatened, pending or completed action, suit, arbitration,
alternative dispute resolution mechanism, investigation, inquiry, administrative hearing or proceeding, whether brought by or in the right of the Company or otherwise and whether of a civil, criminal, administrative or investigative nature,
including any appeal therefrom, and the term decided in a Proceeding shall mean a decision by a court, arbitrator(s), hearing officer or other judicial agent having the requisite legal authority to make such a decision, which decision
has become final and from which no appeal or other review proceeding is permissible; 

  

	 	(b)	 the term Expenses shall include, but is not limited to, all damages, judgments, fines, awards,
amounts paid in settlement by or on behalf of the Indemnitee, expenses of investigations, judicial or administrative proceedings or appeals, reasonable attorney’s fees, retainers, court costs, transcript costs, fees of experts, witness fees,
travel expenses, duplicating costs, printing and binding costs, telephone charges, postage, delivery service fees and disbursements and any expenses of establishing a right to indemnification under this Agreement; and 

 

	 	(c)	 the terms Director and Director of the Company shall include the Indemnitee’s
service at the request of the Company as a director, officer, employee or agent of another corporation, partnership, joint venture, trust or other enterprise as well as a director or officer of the Company. 

  
 2 

	2	 INDEMNITY OF DIRECTOR 

Subject only to the limitations set forth in Clause 3, the Company hereby agrees to indemnify and hold harmless the Indemnitee in respect of
and to pay on behalf of the Indemnitee all Expenses actually and reasonably incurred by the Indemnitee because of any claim or claims made against him in a Proceeding by reason of the fact that he is or was a Director of the Company. 

 

	3	 LIMITATIONS ON INDEMNITY 

 

	3.1	 The Company shall not be obligated under this Agreement to make any payment of Expenses to the Indemnitee if:

  

	 	(a)	 such payment is prohibited by applicable law; 

 

	 	(b)	 such payment is actually made to the Indemnitee under an insurance policy, except in respect of any excess
beyond the amount of payment under such insurance; 

  

	 	(c)	 the Indemnitee is indemnified by the Company otherwise than pursuant to this Agreement; 

 

	 	(d)	 such payment would result in the Indemnitee gaining any personal profit or advantage to which he or she was not
legally entitled; and 

  

	 	(e)	 such payment is brought about or contributed to by the fraud or dishonesty of the Indemnitee seeking payment
hereunder; however, notwithstanding the foregoing, the Indemnitee shall be indemnified under this Agreement as to any claims upon which suit may be brought against him by reason of any alleged dishonesty on his part, unless it shall be decided in a
Proceeding that he committed acts of active and deliberate dishonesty with actual dishonest purpose and intent, and which acts were material to the cause of action so adjudicated. 

 

	4	 ADVANCE PAYMENT OF COSTS 

 

	4.1	 Expenses incurred by the Indemnitee in defending a claim against [him/her] in a Proceeding shall be paid by the
Company as incurred and in advance of the final disposition of such Proceeding. 

  

	4.2	 The Indemnitee hereby agrees and undertakes to repay such amounts advanced by the Company if it shall be
decided in a Proceeding that [he/she] is not entitled to be indemnified by the Company pursuant to this Agreement or otherwise. 

  

	4.3	 If a claim under this Agreement is not paid by the Company, or on its behalf, within thirty (30) days
after a written claim has been received by the Company, the Indemnitee may at any time thereafter bring suit against the Company to recover the unpaid amount of the claim and if successful in whole or in part, the Indemnitee shall also be entitled
to be paid the Expenses of prosecuting such claim. 

  
 3 

	5	 ENFORCEMENT 

The Company expressly confirms and agrees that it has entered into this Agreement and assumes the obligations imposed on it hereby in order to
induce the Indemnitee to serve as a Director of the Company, and the Company acknowledges that the Indemnitee is relying upon this Agreement in serving as a Director of the Company. 

 

	6	 SUBROGATION 

In the event of payment under this Agreement, the Company shall be subrogated to the extent of such payment to all of the rights of recovery of
the Indemnitee, who shall execute all papers required and shall do everything that may be necessary to secure such rights, including the execution of such documents necessary to enable the Company effectively to bring suit to enforce such rights.

  

	7	 NOTICE 

  

	7.1	 The Indemnitee, as a condition precedent to his right to be indemnified under this Agreement, shall give to the
Company notice in writing as soon as practicable of any claim made against him for which indemnity will or could be sought under this Agreement, together with such information and cooperation as it may reasonably require. 

 

	7.2	 Notice to the Company shall be given at its principal office and shall be directed to the Company’s
Secretary (or such other address as the Company shall designate in writing to the Indemnitee from time to time). 

  

	7.3	 Notice shall be deemed received if (i) delivered by hand, on the date so delivered, or (ii) sent by
overnight courier, on the next business day after being so sent, or (iii) sent by facsimile, on the date so sent, or (iv) if sent by e-mail, upon receipt of a confirmation of receipt e-mail. 

  

	8	 SAVING CLAUSE 

If this Agreement or any portion thereof shall be invalidated on any ground by any court of competent jurisdiction, the Company shall
nevertheless indemnify the Indemnitee to the full extent permitted by any applicable portion of this Agreement that shall not have been invalidated or by any other applicable law. 

 

	9	 INDEMNIFICATION HEREUNDER NOT EXCLUSIVE 

Nothing herein shall be deemed to diminish or otherwise restrict the Indemnitee’s right to indemnification under any provision of the
constitutional documents of the Company or under Cayman Islands law. 
  

	10	 COVERAGE AND CONTINUATION OF INDEMNIFICATION 

 

	10.1	 The indemnification under this Agreement is intended to and shall extend to the Indemnitee’s service as a
Director prior to and after the date of the Agreement. 

  
 4 

	10.2	 The indemnification under this Agreement shall continue as to the Indemnitee even though he may have ceased to
be a Director and shall inure to the benefit of the heirs and personal representatives of the Indemnitee. 

  

	11	 SUCCESSORS AND ASSIGNS 

This Agreement shall be binding upon the Company and its successors and assigns, and inure to the benefit of the Indemnitee and
Indemnitee’s heirs, legal representatives and assigns. 
  

	12	 COUNTERPARTS 

This Agreement may be executed in any number of counterparts, each of which shall constitute the original. 

 

	13	 APPLICABLE LAW 

The terms and conditions of this Agreement and the rights of the parties hereunder shall be governed by and construed in all respects in
accordance with the laws of the Cayman Islands. The parties to this Agreement hereby irrevocably agree that the courts of the Cayman Islands shall have exclusive jurisdiction in respect of any dispute, suit, action, arbitration or proceedings which
may arise out of or in connection with this Agreement and waive any objection to such proceedings in the courts of the Cayman Islands on the grounds of venue or on the basis that they have been brought in an inconvenient forum. 

 

	14	 ENTIRE AGREEMENT 

This agreement constitutes the entire agreement between the parties hereto with respect to the subject matter hereof and supersedes all prior
agreements and understandings, oral, written and implied, between the parties hereto with respect to the subject matter hereof. 

[Remainder of page left intentionally blank] 

  
 5 

 AGREED by the Parties on the date first written above: 

Executed and delivered as a Deed 
 The Company 

For, and on behalf of, StoneCo Ltd. 
  

					
	Name:	 	 	 	
			
	Title:	 	 	 	
			
	Signed:	 	 	 	
			
	Date:	 	 	 	

 The Indemnitee 
 For, and
on behalf of, [•] 
  

					
	Name:	 	 	 	
			
	Title:	 	 	 	
			
	Signed:	 	 	 	
			
	Date:	 	 	 	

  
 6

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00288-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00288-of-00352.parquet"}]]