Document:

Forty-Sixth Supplemental Indenture

 Exhibit 4.1 
 CONFORMED COPY 
  
  
  
 AVISTA CORPORATION 
 TO

 CITIBANK, N.A. 
 As Successor Trustee under 
 Mortgage and Deed of Trust, 
 dated as of June 1, 1939 
  
  
 Forty-sixth Supplemental
Indenture 
 Providing among other things for a series of bonds designated 
 “First Mortgage Bonds, 5.125% Series due 2022” 
 Due April 1,
2022 
 and 
 certain
amendments to said Mortgage and Deed of Trust 
  
  
 Dated as of September 1,
2009 
  
  
  

 FORTY-SIXTH SUPPLEMENTAL INDENTURE 
 THIS INDENTURE, dated as of the 1st day of September, 2009, between AVISTA CORPORATION (formerly known as The Washington Water
Power Company), a corporation of the State of Washington, whose post office address is 1411 East Mission Avenue, Spokane, Washington 99202 (the “Company”), and CITIBANK, N.A., formerly First National City Bank (successor by merger to
First National City Trust Company, formerly City Bank Farmers Trust Company), a national banking association incorporated and existing under the laws of the United States of America, whose post office address is 388 Greenwich Street –
14th Floor, New York, New York 10013 (the “Trustee”), as Trustee under the
Mortgage and Deed of Trust, dated as of June 1, 1939 (the “Original Mortgage”), executed and delivered by the Company to secure the payment of bonds issued or to be issued under and in accordance with the provisions thereof, this
indenture (the “Forty-sixth Supplemental Indenture”) being supplemental to the Original Mortgage, as heretofore supplemented and amended. 
 WHEREAS pursuant to a written request of the Company made in accordance with Section 103 of the Original Mortgage, Francis M. Pitt (then Individual Trustee under the Original Mortgage, as supplemented) ceased to be a trustee
thereunder on July 23, 1969, and all of his powers as Individual Trustee have devolved upon the Trustee and its successors alone; and 
 WHEREAS by the Original Mortgage the Company covenanted that it would execute and deliver such further instruments and do such further acts as might be necessary or proper to carry out more effectually the purposes of the Original Mortgage
and to make subject to the lien of the Original Mortgage any property thereafter acquired intended to be subject to the lien thereof; and 
 WHEREAS the Company has heretofore executed and delivered, in addition to the Original Mortgage, the indentures supplemental thereto, and has issued the series of bonds, set forth in Exhibit A hereto (the Original Mortgage, as
supplemented and amended by the First through Forty-fifth Supplemental Indentures being herein sometimes called the “Mortgage”); and 
 WHEREAS the Original Mortgage and the First through Forty-second Supplemental Indentures have been appropriately filed or recorded in various official records in the States of Washington, Idaho, Montana and Oregon, as set forth in the First
through Forty-third Supplemental Indentures; and 
 WHEREAS the Forty-third Supplemental Indenture, dated as of November 1, 2008, the
Forty-fourth Supplemental Indenture, dated as of December 1, 2008, and the Forty-fifth Supplemental Indenture, dated as of December 1, 2008, have been appropriately filed or recorded in the various official records in the States of
Washington, Idaho, Montana and Oregon set forth in Exhibit B hereto; and 

 WHEREAS for the purpose of confirming or perfecting the lien of the Mortgage on certain of its
properties, the Company has heretofore executed and delivered a Short Form Mortgage and Security Agreement, in multiple counterparts dated as of various dates in 1992, and such instrument has been appropriately filed or recorded in the various
official records in the States of Montana and Oregon; and 
 WHEREAS for the purpose of confirming or perfecting the lien of the Mortgage on
certain of its properties, the Company has heretofore executed and delivered an Instrument of Further Assurance dated as of December 15, 2001, and such instrument has been appropriately filed or recorded in the various official records in the
States of Washington, Idaho, Montana and Oregon; and 
 WHEREAS in addition to the property described in the Mortgage the Company has
acquired certain other property, rights and interests in property; and 
 WHEREAS, Section 120 of the Original Mortgage, as heretofore
amended, provides that, without the consent of any holders of bonds, the Company and the Trustee, at any time and from time to time, may enter into indentures supplemental to the Original Mortgage for various purposes set forth therein, including,
without limitation, to cure ambiguities or correct defective or inconsistent provisions or to make other changes therein that shall not adversely affect the interests of the holders of bonds of any series in any material respect or to establish the
form or terms of bonds of any series as contemplated by Article II. 
 WHEREAS, the Company now desires to amend certain provisions of the
Original Indenture relating to, among other things, the establishment of series of bonds and the terms thereof, as contemplated in Article II hereof and Exhibit E hereto; 
 WHEREAS Section 8 of the Original Mortgage, as heretofore and to be hereby amended, provides that the form of each series of bonds (other than the First Series) issued thereunder and of the coupons to be attached
to coupon Bonds of such series shall be established by Resolution of the Board of Directors of the Company or by Treasurer’s Certificate, or shall be set forth in an indenture supplemental to the Original Mortgage; that the form of such series,
as so established, shall specify the descriptive title of the bonds and various other terms thereof; and that any such series may also contain such provisions not inconsistent with the provisions of the Mortgage as the Company may, in its
discretion, cause to be inserted therein expressing or referring to the terms and conditions upon which such bonds are to be issued and/or secured under the Mortgage; and 
 WHEREAS the Company further desires to create a new series of bonds; and 
 WHEREAS all corporate action
necessary to authorize the execution and delivery by the Company of this Forty-sixth Supplemental Indenture and the issuance by 

  

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the Company of the Bonds of the Forty-sixth Series, hereinafter referred to, has been taken; and all things necessary to make this Forty-sixth Supplemental
Indenture a valid, binding and legal instrument have been performed; 
 NOW, THEREFORE, THIS INDENTURE WITNESSETH: That the Company, in
consideration of the premises and of other good and valuable consideration, the receipt and sufficiency whereof are hereby acknowledged, hereby confirms the estate, title and rights of the Trustee (including, without limitation, the lien of the
Mortgage on the property of the Company subjected thereto, whether now owned or hereafter acquired) held as security for the payment of both the principal of and interest and premium, if any, on the bonds from time to time issued under the Mortgage
according to their tenor and effect and the performance of all the provisions of the Mortgage and of such bonds, and, without limiting the generality of the foregoing, hereby confirms the grant, bargain, sale, release, conveyance, assignment,
transfer, mortgage, pledge, setting over and confirmation unto the Trustee, contained in the Mortgage, of all the following described properties of the Company, whether now owned or hereafter acquired, namely: 
 All of the property, real, personal and mixed, of every character and wheresoever situated (except any hereinafter or in the Mortgage
expressly excepted) which the Company now owns or, subject to the provisions of Section 87 of the Original Mortgage, may hereafter acquire prior to the satisfaction and discharge of the Mortgage, as fully and completely as if herein or in the
Mortgage specifically described, and including (without in anywise limiting or impairing by the enumeration of the same the scope and intent of the foregoing or of any general description contained in Mortgage) all lands, real estate, easements,
servitudes, rights of way and leasehold and other interests in real estate; all rights to the use or appropriation of water, flowage rights, water storage rights, flooding rights, and other rights in respect of or relating to water; all plants for
the generation of electricity, power houses, dams, dam sites, reservoirs, flumes, raceways, diversion works, head works, waterways, water works, water systems, gas plants, steam heat plants, hot water plants, ice or refrigeration plants, stations,
substations, offices, buildings and other works and structures and the equipment thereof and all improvements, extensions and additions thereto; all generators, machinery, engines, turbines, boilers, dynamos, transformers, motors, electric machines,
switchboards, regulators, meters, electrical and mechanical appliances, conduits, cables, pipes and mains; all lines and systems for the transmission and distribution of electric current, gas, steam heat or water for any purpose; all towers, mains,
pipes, poles, pole lines, conduits, cables, wires, switch racks, insulators, compressors, pumps, fittings, valves and connections; all motor vehicles and automobiles; all tools, implements, apparatus, furniture, stores, supplies and equipment; all
franchises (except the Company’s franchise to be a corporation), licenses, 

  

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permits, rights, powers and privileges; and (except as hereinafter or in the Mortgage expressly excepted) all the right, title and interest of the Company in
and to all other property of any kind or nature. 
 The property so conveyed or intended to be so conveyed under the Mortgage
shall include, but shall not be limited to, the property set forth in Exhibit C hereto, the particular description of which is intended only to aid in the identification thereof and shall not be construed as limiting the force, effect and scope of
the foregoing. 
 TOGETHER WITH all and singular the tenements, hereditaments and appurtenances belonging or in anywise appertaining to the
aforesaid property or any part thereof, with the reversion and reversions, remainder and remainders and (subject to the provisions of Section 57 of the Original Mortgage) the tolls, rents, revenues, issues, earnings, income, product and profits
thereof, and all the estate, right, title and interest and claim whatsoever, at law as well as in equity, which the Company now has or may hereafter acquire in and to the aforesaid property and franchises and every part and parcel thereof.

 THE COMPANY HEREBY CONFIRMS that, subject to the provisions of Section 87 of the Original Mortgage, all the property, rights, and
franchises acquired by the Company after the date thereof (except any hereinbefore or hereinafter or in the Mortgage expressly excepted) are and shall be as fully embraced within the lien of the Mortgage as if such property, rights and franchises
had been owned by the Company at the date of the Original Mortgage and had been specifically described therein. 
 PROVIDED THAT the
following were not and were not intended to be then or now or hereafter granted, bargained, sold, released, conveyed, assigned, transferred, mortgaged, pledged, set over or confirmed under the Mortgage and were, are and shall be expressly excepted
from the lien and operation of the Mortgage, namely: (l) cash, shares of stock and obligations (including bonds, notes and other securities) not hereafter specifically pledged, paid, deposited or delivered under the Mortgage or covenanted
so to be; (2) merchandise, equipment, materials or supplies held for the purpose of sale in the usual course of business or for consumption in the operation of any properties of the Company; (3) bills, notes and accounts receivable, and
all contracts, leases and operating agreements not specifically pledged under the Mortgage or covenanted so to be; (4) electric energy and other materials or products generated, manufactured, produced or purchased by the Company for sale,
distribution or use in the ordinary course of its business; and (5) any property heretofore released pursuant to any provisions of the Mortgage and not heretofore disposed of by the Company; provided, however, that the property and rights
expressly excepted from the lien and operation of the Mortgage in the above subdivisions (2) and (3) shall (to the extent permitted by law) cease to be so excepted in the event that the Trustee or a receiver or trustee shall enter upon and
take possession of the Mortgaged and Pledged Property in the manner provided in Article XII of the Original Mortgage by reason of the occurrence of a Completed Default as defined in said Article XII. 
  

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 TO HAVE AND TO HOLD all such properties, real, personal and mixed, granted, bargained, sold, released,
conveyed, assigned, transferred, mortgaged, pledged, set over or confirmed by the Company in the Mortgage as aforesaid, or intended so to be, unto the Trustee, and its successors, heirs and assigns forever. 
 IN TRUST NEVERTHELESS, for the same purposes and upon the same terms, trusts and conditions and subject to and with the same provisos and covenants as
set forth in the Mortgage, this Forty-sixth Supplemental Indenture being supplemental to the Mortgage. 
 AND IT IS HEREBY FURTHER CONFIRMED
by the Company that all the terms, conditions, provisos, covenants and provisions contained in the Mortgage shall affect and apply to the property in the Mortgage described and conveyed, and to the estates, rights, obligations and duties of the
Company and the Trustee and the beneficiaries of the trust with respect to said property, and to the Trustee and its successors in the trust, in the same manner and with the same effect as if the said property had been owned by the Company at the
time of the execution of the Original Mortgage, and had been specifically and at length described in and conveyed to said Trustee by the Original Mortgage as a part of the property therein stated to be conveyed. 
 The Company further covenants and agrees to and with the Trustee and its successor or successors in such trust under the Mortgage, as follows:

 ARTICLE I 
 Forty-sixth Series of Bonds 
 SECTION 1. (I) There shall be a series of bonds designated “First Mortgage Bonds,
5.125% Series due 2022” (herein sometimes referred to as the “Bonds of the Forty-sixth Series”), each of which shall also bear the descriptive title First Mortgage Bond, and the form thereof is set forth on Exhibit D hereto. The
Bonds of the Forty-sixth Series shall be issued as fully registered bonds in denominations of One Thousand Dollars and, at the option of the Company, any amount in excess thereof (the exercise of such option to be evidenced by the execution and
delivery thereof) and shall be dated as in Section 10 of the Original Mortgage provided. 
 The Bonds of the Forty-sixth Series shall
mature, shall bear interest and shall be payable as set forth below: 
 (a) the principal of Bonds of the Forty-sixth Series
shall (unless theretofore paid) be payable on the Stated Maturity Date (as hereinafter defined); 
  

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 (b) the Bonds of the Forty-sixth Series shall bear interest at the rate of five and one
hundred twenty-five one-thousandths percentum (5.125%) per annum; interest on such Bonds shall accrue from and including September 22, 2009, except as otherwise provided in the form of bond attached hereto as Exhibit D; interest on
such Bonds shall be payable on each Interest Payment Date and at Maturity (as each of such terms is hereafter defined); and interest on such Bonds during any period for which payment is made shall be computed on the basis of a 360-day year
consisting of twelve 30-days months; 
 (c) the principal of and premium, if any, and interest on each Bond of the Forty-sixth
Series payable at Maturity shall be payable upon presentation thereof at the office or agency of the Company in the Borough of Manhattan, The City of New York, in such coin or currency as at the time of payment is legal tender for public and private
debts. The interest on each Bond of the Forty-sixth Series (other than interest payable at Maturity) shall be payable by check, in similar coin or currency, mailed to the registered owner thereof as of the close of business on the Record Date (as
hereinafter defined) next preceding each Interest Payment Date; provided, however, that if such registered owner shall be a securities depositary, such payment may be made by such other means in lieu of check as shall be agreed upon by the Company,
the Trustee and such registered owner. 
 (d) the Bonds of the Forty-sixth Series shall be redeemable in whole at any time, or
in part from time to time, at the option of the Company at a redemption price equal to the greater of 
 (i) 100% of the
principal amount of the Bonds being redeemed, and 
 (ii) the sum of the present values of the remaining scheduled payments of
principal of and interest (not including any portion of any scheduled payment of interest which accrued prior to the redemption date) on the Bonds being redeemed discounted to the date of redemption on a semiannual basis (assuming a 360-day year
consisting of twelve 30-day months) at a discount rate equal to the Treasury Yield (as hereinafter defined) plus 30 basis points, 
 plus, in the case of either (i) or (ii) above, whichever is applicable, accrued and unpaid interest on such Bonds to the date of redemption. 
 (e)(i) “Treasury Yield” means, with respect to any redemption of Bonds of the Forty-sixth Series, the rate per annum
equal to the semiannual equivalent yield to maturity of the Comparable Treasury Issue, assuming a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price. The Treasury

  

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Yield shall be calculated as of the third business day preceding the redemption date or, if the Bonds to be redeemed are to be caused to be deemed to have
been paid within the meaning of Section 106 of the Original Mortgage, as amended, prior to the redemption date, then as of the third business day prior to the earlier of (x) the date notice of such redemption is mailed to bondholders
pursuant to Section 52 of the Original Mortgage, as amended, and (y) the date irrevocable arrangements with the Trustee for the mailing of such notice shall have been made, as the case may be (the “Calculation Date”). 

(ii) “Comparable Treasury Issue” means the United States Treasury security selected by an Independent Investment
Banker as having a maturity comparable to the remaining term of the Bonds of the Forty-sixth Series that would be utilized, at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt
securities of comparable maturity to the remaining term of such Bonds. 
 (iii) “Comparable Treasury Price”
means (A) the average of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as a percentage of its principal amount) on the third business day preceding the Calculation Date, as set forth in the H.15 Daily Update
of the Federal Reserve Bank of New York or (B) if such release (or any successor release) is not published or does not contain such prices on such business day, the Reference Treasury Dealer Quotation for the Calculation Date. 
 (iv) “H.15(519)” means the weekly statistical release entitled “Statistical Release H.15 (519)”, or any
successor publication, published by the Board of Governors of the Federal Reserve System. 
 (v) “H.15 Daily
Update” means the daily update of H.15(519) available through the worldwide website of the Board of Governors of the Federal Reserve System or any successor site or publication. 
 (vi) “Independent Investment Banker” means UBS Securities LLC or J. P. Morgan Securities Inc. or, if so determined by
the Company, any other independent investment banking institution of national standing appointed by the Company and reasonably acceptable to the Trustee. 
 (vii) “Reference Treasury Dealer Quotation” means, with respect to the Reference Treasury Dealer, the average, as determined by the Trustee, of the bid and asked prices for the Comparable Treasury
Issue (expressed in each case as a percentage of its principal amount and quoted in writing to the Trustee by such Reference Treasury Dealer at 5:00 p.m. on the third business day preceding the Calculation Date). 
  

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 (viii) “Reference Treasury Dealer” means a primary U.S. Government
securities dealer in the United States appointed by the Company and reasonably acceptable to the Trustee. 
 (II)(a) At the option of the
registered owner, any Bonds of the Forty-sixth Series, upon surrender thereof for cancellation at the office or agency of the Company in the Borough of Manhattan, The City of New York, shall be exchangeable for a like aggregate principal amount of
bonds of the same series of other authorized denominations. 
 The Bonds of the Forty-sixth Series shall be transferable, upon the surrender
thereof for cancellation, together with a written instrument of transfer in form approved by the registrar duly executed by the registered owner or by his duly authorized attorney, at the office or agency of the Company in the Borough of Manhattan,
The City of New York. 
 Notwithstanding the foregoing, the Company shall not be required to make any transfer or exchange of any Bonds of
the Forty-sixth Series for a period of 10 days next preceding any Interest Payment Date or any selection of such Bonds for redemption, nor shall it be required to make transfers or exchange of any Bonds of the Forty-sixth Series which shall have
been selected for redemption in whole or in part. 
 Upon any exchange or transfer of Bonds of the Forty-sixth Series, the Company may make a
charge therefor sufficient to reimburse it for any tax or taxes or other governmental charge, as provided in Section 12 of the Original Mortgage, but the Company hereby waives any right to make a charge in addition thereto for any exchange or
transfer of Bonds of the Forty-sixth Series and no other charge shall be made. 
 (b) The Bonds of the Forty-sixth Series are initially to be
issued in global form, registered in the name of Cede & Co., as nominee for The Depository Trust Company (the “Depositary”). Notwithstanding the provisions of subdivision (a) above, such Bonds shall not be transferable, nor
shall any purported transfer be registered, except as follows: 
 (i) such Bonds may be transferred in whole, and appropriate
registration of transfer effected, to the Depositary, or by the Depositary to another nominee thereof, or by any nominee of the Depositary to any other nominee thereof, or by the Depositary or any nominee thereof to any successor securities
depositary or any nominee thereof; 
 (ii) such Bonds may be transferred in whole, and appropriate registration of transfer
effected, to the beneficial holders thereof, and thereafter shall be transferable, if: 
 (A) The Depositary, or any successor
securities depositary, shall have notified the Company and the Trustee that (I) it is unwilling or unable to continue to act as securities depositary with respect to such Bonds or (II) it is no longer a clearing agency registered under the
Securities Exchange Act of 1934, as amended, and, in either case, the Trustee shall not have been notified by the Company within one hundred twenty (120) days of the identity of a successor securities depositary with respect to such Bonds; or

  

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 (B) the Company shall have delivered to the Trustee a written order to the effect that
such Bonds shall be so transferable on and after a date specified therein. 
 The Bonds of the Forty-sixth Series, when in global form, shall
bear a legend as to such global form and the foregoing restrictions on transfer substantially as set forth below: 
 This global bond is held
by Cede & Co., as nominee for The Depository Trust Company (the “Depositary”) for the benefit of the beneficial owners hereof. This bond may not be transferred, nor may any purported transfer be registered, except that
(i) this bond may be transferred in whole, and appropriate registration of transfer effected, if such transfer is by Cede & Co., as nominee for the Depositary, to the Depositary, or by the Depositary to another nominee thereof, or by
any nominee of the Depositary to any other nominee thereof, or by the Depositary or any nominee thereof to any successor bond depositary or any nominee thereof; and (ii) this bond may be transferred, and appropriate registration of transfer
effected, to the beneficial holders hereof, and thereafter shall be transferable without restrictions (except as provided in the preceding paragraph) if: (A) the Depositary, or any successor securities depositary, shall have notified the
Company and the Trustee that (I) it is unwilling or unable to continue to act as securities depositary with respect to this bond or (II) it is no longer a clearing agency registered under the Securities Exchange Act of 1934, as amended, and, in
either case, the Trustee shall not have been notified by the Company within one hundred twenty (120) days of the identity of a successor securities depositary with respect to this bond; or (B) the Company shall have delivered to the
Trustee a written order to the effect that this bond shall be so transferable on and after a date specified therein. 
 (III) For all
purposes of this Forty-sixth Supplemental Indenture, except as otherwise expressly provided or unless the context otherwise requires, the terms listed below, when used with respect to the Bonds of the Forty-sixth Series, shall have the meanings
specified below: 
 “Interest Payment Date” means April 1 and October 1 in each year, commencing
April 1, 2010. 
  

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 “Maturity” means the date on which the principal of the Bonds of the
Forty-sixth Series becomes due and payable, whether at the Stated Maturity Date, upon redemption or acceleration, or otherwise. 
 “Record Date”, with respect to any Interest Payment Date, means the March 15 or September 15, as the case may be, next preceding such Interest Payment Date. 
 “Stated Maturity Date” means April 1, 2022. 
 (IV) Notwithstanding the provisions of Section 106 of the Original Mortgage, as amended, the Company shall not cause any Bonds of the Forty-sixth
Series, or any portion of the principal amount thereof, to be deemed to have been paid as provided in such Section and its obligations in respect thereof to be deemed to be satisfied and discharged prior to the Maturity thereof unless the Company
shall deliver to the Trustee either: 
 (a) an instrument wherein the Company, notwithstanding the effect of Section 106
of the Original Mortgage, as amended, in respect of such Bonds, shall assume the obligation (which shall be absolute and unconditional) to irrevocably deposit with the Trustee such additional sums of money, if any, or additional government
obligations (meeting the requirements of Section 106), if any, or any combination thereof, at such time or times, as shall be necessary, together with the money and/or government obligations theretofore so deposited, to pay when due the
principal of and premium, if any, and interest due and to become due on such Bonds or portions thereof, all in accordance with and subject to the provisions of Section 106; provided, however, that such instrument may state that the obligation
of the Company to make additional deposits as aforesaid shall be subject to the delivery to the Company by the Trustee of a notice asserting the deficiency accompanied by an opinion of an independent accountant showing the calculation thereof (which
opinion shall be obtained at the expense of the Company); or 
 (b) an Opinion of Counsel to the effect that the holders of
such Bonds, or portions of the principal amount thereof, will not recognize income, gain or loss for United States federal income tax purposes as a result of the satisfaction and discharge of the Company’s indebtedness in respect thereof and
will be subject to United States federal income tax on the same amounts, at the same times and in the same manner as if such satisfaction and discharge had not been effected. 
  

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 (V) The Bonds of the Forty-sixth Series shall have such further terms as are set forth in Exhibit D
hereto. If there shall be a conflict between the terms of the form of bond and the provisions of the Mortgage, the provisions of the Mortgage shall control to the extent permitted by law. 
 (VI) Upon the delivery of this Forty-sixth Supplemental Indenture, Bonds of the Forty-sixth Series in an aggregate principal amount of $250,000,000 are
to be authenticated and delivered, upon the basis of retired bonds, and will be Outstanding, in addition to $1,421,700,000 aggregate principal amount of bonds of prior series Outstanding at the date of delivery of this Forty-sixth Supplemental
Indenture; it being understood that, subject to the provisions of the Mortgage, there shall be no limit under the Mortgage upon the aggregate principal amount of Bonds of the Forty-sixth Series which may be authenticated and delivered hereunder.

 ARTICLE II 
 Amendments of Original Mortgage 
 SECTION 1. The Original Mortgage, as heretofore amended, is hereby further amended as set
forth in Exhibit E hereto, and the amendments set forth in Exhibit E shall be deemed to become effective immediately prior to the effectiveness of the provisions of Article I hereof establishing the Bonds of the Forty-sixth Series. 
 ARTICLE III 
 Miscellaneous
Provisions 
 SECTION 1. The terms defined in the Original Mortgage shall, for all purposes of this Forty-sixth Supplemental Indenture,
have the meanings specified in the Original Mortgage. 
 SECTION 2. The Trustee hereby confirms its acceptance of the trusts in the Original
Mortgage declared, provided, created or supplemented and agrees to perform the same upon the terms and conditions in the Original Mortgage set forth, including the following: 
 The Trustee shall not be responsible in any manner whatsoever for or in respect of the validity or sufficiency of this Forty-sixth Supplemental Indenture
or for or in respect of the recitals contained herein, all of which recitals are made by the Company solely. Each and every term and condition contained in Article XVI of the Original Mortgage, shall apply to and form part of this Forty-sixth
Supplemental Indenture with the same force and effect as if the same were herein set forth in full, with such omissions, variations and insertions, if any, as may be appropriate to make the same conform to the provisions of this Forty-sixth
Supplemental Indenture. 
  

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 SECTION 3. Whenever in this Forty-sixth Supplemental Indenture either of the parties hereto is named or
referred to, this shall, subject to the provisions of Articles XV and XVI of the Original Mortgage be deemed to include the successors and assigns of such party, and all the covenants and agreements in this Forty-sixth Supplemental Indenture
contained by or on behalf of the Company, or by or on behalf of the Trustee, or either of them, shall, subject as aforesaid, bind and inure to the respective benefits of the respective successors and assigns of such parties, whether so expressed or
not. 
 SECTION 4. Nothing in this Forty-sixth Supplemental Indenture, expressed or implied, is intended, or shall be construed, to confer
upon, or to give to, any person, firm or corporation, other than the parties hereto, the holders of the bonds Outstanding under the Mortgage, any right, remedy or claim under or by reason of this Forty-sixth Supplemental Indenture or any covenant,
condition, stipulation, promise or agreement hereof, and all the covenants, conditions, stipulations, promises and agreements in this Forty-sixth Supplemental Indenture contained by or on behalf of the Company shall be for the sole and exclusive
benefit of the parties hereto, and of the holders of the bonds Outstanding under the Mortgage. 
 SECTION 5. This Forty-sixth Supplemental
Indenture shall be executed in several counterparts, each of which shall be an original and all of which shall constitute but one and the same instrument. 
 SECTION 6. The titles of the several Articles of this Forty-sixth Supplemental Indenture shall not be deemed to be any part thereof. 
  
  
  

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 IN WITNESS WHEREOF, on the 10th day of September, 2009, AVISTA CORPORATION has caused its corporate name to be hereunto affixed, and this instrument to be signed
and sealed by its President or one of its Vice Presidents, and its corporate seal to be attested by its Corporate Secretary or one of its Assistant Corporate Secretaries for and in its behalf, all in The City of Spokane, Washington, as of the day
and year first above written; and on the 1st day of September, 2009, CITIBANK, N.A.,
has caused its corporate name to be hereunto affixed, and this instrument to be signed and sealed by its President or one of its Vice Presidents or one of its Senior Trust Officers or one of its Trust Officers and its corporate seal to be attested
by one of its Vice Presidents or one of its Trust Officers, all in The City of New York, New York, as of the day and year first above written. 
  

			
	AVISTA CORPORATION
		
	By:	 	 /s/    Jason R. Thackston

	Name:	 	Jason R. Thackston
	Title:	 	Vice President

 [CORPORATE SEAL] 
 Attest: 
  

			
	 /s/    Susan Y. Fleming

	Name:	 	Susan Y. Fleming
	Title:	 	Assistant Corporate Secretary
	
	 Executed, sealed and delivered
     by AVISTA CORPORATION
     in the presence of:

	
	 /s/    Diane C. Thoren

	Name:	 	Diane C. Thoren
	
	 /s/    Damien Lysiak

	Name:	 	Damien Lysiak

  

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	CITIBANK, N.A., AS TRUSTEE
		
	By:	 	 /s/    Wafaa Orfy

	Name:	 	Wafaa Orfy
	Title:	 	Vice President

  

			
		 	Corporate Stamp
		
		 	[CORPORATE STAMP]

 Attest: 
  

			
	 /s/    Marian O’Connor

	Name:	 	Marian O’Connor
	Title:	 	Vice President
	
	 Executed, sealed and delivered
     by CITIBANK, N.A.,
     as trustee, in the presence of:

	
	 /s/    John Hannon

	Name:	 	John Hannon
	
	 /s/    Louis Piscitelli

	Name:	 	Louis Piscitelli

  

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	STATE OF WASHINGTON	 	)	  	
		 	)	  	ss.:
	COUNTY OF SPOKANE	 	)	  	

 On the 10th day of September, 2009, before me personally appeared Jason R. Thackston, to me known to be a Vice President of AVISTA CORPORATION,
one of the corporations that executed the within and foregoing instrument, and acknowledged said instrument to be the free and voluntary act and deed of said Corporation for the uses and purposes therein mentioned and on oath stated that he was
authorized to execute said instrument and that the seal affixed is the corporate seal of said Corporation. 
 On the 10
th day of September, 2009, before me, a Notary Public in and for the State and
County aforesaid, personally appeared Jason R. Thackston, known to me to be a Vice President of AVISTA CORPORATION, one of the corporations that executed the within and foregoing instrument and acknowledged to me that such Corporation executed the
same. 
 IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year first above written. 
  

	
	 /s/    Anita L. Swanson

	Notary Public

  

					
	Notary Public	 		  	Anita L. Swanson
	State of Washington	 		  	State of Washington
	Anita L. Swanson	 		  	Notary Public
	My Commission Expires	 		  	Commission Expires: June 17, 2013
	June 17, 2013	 		  	

  

 15 

			
	STATE OF NEW YORK	 	)
		 	) ss.:
	COUNTY OF NEW YORK	 	)

 On the 1st day of September, 2009 before me personally appeared Wafaa Orfy, to me known to be a Vice President of CITIBANK, N.A., one of the
corporations that executed the within and foregoing instrument, and acknowledged said instrument to be the free and voluntary act and deed of said Corporation for the uses and purposes therein mentioned and on oath stated that she was authorized to
execute said instrument and that the seal affixed is the corporate seal of said Corporation. 
 On the 1st day of September, 2009, before me, a Notary Public in and for the State and County aforesaid,
personally appeared Wafaa Orfy, known to me to be a Vice President of CITIBANK, N.A., one of the corporations that executed the within and foregoing instrument and acknowledged to me that such Corporation executed the same. 
 IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year first above written. 
  

	
	 /s/    Zenaida Santiago

	Notary Public
	
	Notary Stamp
	
	Zenaida Santiago
	Notary Public – State of New York
	No. 01SA6152564
	Qualified in Kings County
	Commission Expires: September 18, 2010

  

 16 

 EXHIBIT A 
 MORTGAGE, SUPPLEMENTAL INDENTURES 
 AND SERIES OF BONDS 
  

												
	 MORTGAGE OR
 SUPPLEMENTAL
 INDENTURE
	  	DATED AS OF	  	SERIES	  	PRINCIPAL
AMOUNT
ISSUED	  	PRINCIPAL
AMOUNT
OUTSTANDING
	  	  	NO.	  	 DESIGNATION
	  	  
	 Original
	  	June 1, 1939	  	1	  	3 1/2% Series due 1964	  	$	22,000,000	  	None
	 First
	  	October 1, 1952	  	2	  	3 3/4% Series due 1982	  	 	30,000,000	  	None
	 Second
	  	May 1, 1953	  	3	  	3 7/8% Series due 1983	  	 	10,000,000	  	None
	 Third
	  	December 1, 1955	  		  	None	  			  	
	 Fourth
	  	March 15, 1957	  		  	None	  			  	
	 Fifth
	  	July 1, 1957	  	4	  	4 7/8% Series due 1987	  	 	30,000,000	  	None
	 Sixth
	  	January 1, 1958	  	5	  	4 1/8% Series due 1988	  	 	20,000,000	  	None
	 Seventh
	  	August 1, 1958	  	6	  	4 3/8% Series due 1988	  	 	15,000,000	  	None
	 Eighth
	  	January 1, 1959	  	7	  	4 3/4% Series due 1989	  	 	15,000,000	  	None
	 Ninth
	  	January 1, 1960	  	8	  	5 3/8% Series due 1990	  	 	10,000,000	  	None
	 Tenth
	  	April 1, 1964	  	9	  	4 5/8% Series due 1994	  	 	30,000,000	  	None
	 Eleventh
	  	March 1,1965	  	10	  	4 5/8% Series due 1995	  	 	10,000,000	  	None
	 Twelfth
	  	May 1, 1966	  		  	None	  			  	
	 Thirteenth
	  	August 1, 1966	  	11	  	6% Series due 1996	  	 	20,000,000	  	None
	 Fourteenth
	  	April 1, 1970	  	12	  	9 1/4% Series due 2000	  	 	20,000,000	  	None
	 Fifteenth
	  	May 1, 1973	  	13	  	7 7/8% Series due 2003	  	 	20,000,000	  	None
	 Sixteenth
	  	February 1, 1975	  	14	  	9 3/8% Series due 2005	  	 	25,000,000	  	None
	 Seventeenth
	  	November 1, 1976	  	15	  	8 3/4% Series due 2006	  	 	30,000,000	  	None
	 Eighteenth
	  	June 1, 1980	  		  	None	  			  	
	 Nineteenth
	  	January 1, 1981	  	16	  	14 1/8% Series due 1991	  	 	40,000,000	  	None

  

 A-1 

											
	 Twentieth
	  	August 1, 1982	  	17	  	15 3/4% Series due 1990-1992	  	60,000,000	  	None
	 Twenty-First
	  	September 1, 1983	  	18	  	13 1/2% Series due 2013	  	60,000,000	  	None
	 Twenty-Second
	  	March 1, 1984	  	19	  	13 1/4% Series due 1994	  	60,000,000	  	None
	 Twenty-Third
	  	December 1, 1986	  	20	  	9 1/4% Series due 2016	  	80,000,000	  	None
	 Twenty-Fourth
	  	January 1, 1988	  	21	  	10 3/8% Series due 2018	  	50,000,000	  	None
	 Twenty-Fifth
	  	October 1, 1989	  	22
 23
	  	 7 1/8% Series due 2013
 7 2/5% Series due 2016
	  	66,700,000
 17,000,000
	  	None
 None

	 Twenty-Sixth
	  	April 1, 1993	  	24	  	 Secured
 Medium-Term
 Notes, Series A
 ($250,000,000
 authorized)
	  	250,000,000	  	48,000,000
	 Twenty-Seventh
	  	January 1, 1994	  	25	  	 Secured
 Medium-Term
 Notes, Series B
 ($250,000,000
 authorized)
	  	161,000,000	  	5,000,000
	 Twenty-Eighth
	  	September 1, 2001	  	26	  	Collateral Series due 2002	  	220,000,000	  	None
	 Twenty-Ninth
	  	December 1, 2001	  	27	  	7.75% Series due 2007	  	150,000,000	  	None
	 Thirtieth
	  	May 1, 2002	  	28	  	Collateral Series due 2003	  	225,000,000	  	None
	 Thirty-first
	  	May 1, 2003	  	29	  	Collateral Series due 2004	  	245,000,000	  	None
	 Thirty-second
	  	September 1, 2003	  	30	  	6.125% Series due 2013	  	45,000,000	  	45,000,000
	 Thirty-third
	  	May 1, 2004	  	31	  	Collateral Series due 2005	  	350,000,000	  	None
	 Thirty-fourth
	  	November 1, 2004	  	32	  	5.45% Series due 2019	  	90,000,000	  	90,000,000
	 Thirty-fifth
	  	December 1, 2004	  	33	  	Collateral Series 2004A	  	88,850,000	  	50,000,000
	 Thirty-sixth
	  	December 1, 2004	  	34	  	Collateral Series 2004B	  	66,700,000	  	None
		  		  	35	  	Collateral Series 2004C	  	17,000,000	  	None
	 Thirty-seventh
	  	December 1, 2004	  	36	  	Collateral Series 2004D	  	350,000,000	  	None
	 Thirty-eighth
	  	May 1, 2005	  	37	  	Collateral Series 2005B	  	66,700,000	  	66,700,000
		  		  	38	  	Collateral Series 2005C	  	17,000,000	  	None

  

 A-2 

											
	 Thirty-ninth
	  	November 1, 2005	  	39	  	6.25% Series due 2035	  	100,000,000	  	100,000,000
		  		  		  		  	50,000,000	  	50,000,000
	 Fortieth
	  	April 1, 2006	  	40	  	Collateral Series due 2011	  	320,000,000	  	320,000,000
	 Forty-first
	  	December 1, 2006	  	41	  	5.70% Series due 2037	  	150,000,000	  	150,000,000
	 Forty-second
	  	April 1, 2008	  	42	  	5.95% Series due 2018	  	250,000,000	  	250,000,000
	 Forty-third
	  	November 1, 2008	  	43	  	Collateral Series 2008A	  	200,000,000	  	200,000,000
	 Forty-fourth
	  	December 1, 2008	  	44	  	7.25% Series due 2013	  	30,000,000	  	30,000,000
	 Forty-fifth
	  	December 1, 2008	  	45	  	Collateral Series 2008B	  	17,000,000	  	17,000,000

  

 A-3 

 EXHIBIT B(1) 
 FILING AND RECORDING OF 
 FORTY-THIRD SUPPLEMENTAL INDENTURE 
 FILING IN STATE OFFICES 
  

							
	 State
	 	 Office of
	 	 Date
	 	 Financing Statement
 Document Number

	Washington	 	Secretary of State	 	12/5/08	 	2008-340-8358-7
	Idaho	 	Secretary of State	 	12/5/08	 	B2008-1057481-7
	Montana	 	Secretary of State	 	12/5/08	 	98714342
	Oregon	 	Secretary of State	 	12/5/08	 	8148959

  

													
	RECORDING IN COUNTY OFFICES
				
	 County
	 	 Office of
	 	 Real Estate Mortgage Records
	 	 Financing
 Statement
 Document
 Number

	 	 	 Date
	 	 Document Number
	 	 Book
	 	 Page
	 
	Washington	 		 		 		 		 		 	
	Adams	 	Auditor	 	12/4/08	 	290889	 	N/A	 	N/A	 	N/A
	 Asotin
	 	Auditor	 	12/4/08	 	309665	 	N/A	 	N/A	 	N/A
	 Benton
	 	Auditor	 	12/4/08	 	2008-034177	 	N/A	 	N/A	 	N/A
	 Douglas
	 	Auditor	 	12/4/08	 	3129685	 	N/A	 	N/A	 	N/A
	 Ferry
	 	Auditor	 	12/4/08	 	273388	 	N/A	 	N/A	 	N/A
	 Franklin
	 	Auditor	 	12/4/08	 	1727627	 	N/A	 	N/A	 	N/A
	 Garfield
	 	Auditor	 	12/5/08	 	20080782	 	N/A	 	N/A	 	N/A
	 Grant
	 	Auditor	 	12/4/08	 	1247030	 	N/A	 	N/A	 	N/A
	 Klickitat
	 	Auditor	 	12/5/08	 	1080547	 	N/A	 	N/A	 	N/A
	 Lewis
	 	Auditor	 	12/5/08	 	3317453	 	N/A	 	N/A	 	N/A
	 Lincoln
	 	Auditor	 	12/4/08	 	2008 0450812	 	98	 	1074	 	N/A
	 Pend Oreille
	 	Auditor	 	12/4/08	 	2008-0299831	 	N/A	 	N/A	 	N/A
	 Skamania
	 	Auditor	 	12/5/08	 	2008171604	 	N/A	 	N/A	 	N/A
	 Spokane
	 	Auditor	 	12/5/08	 	5740778	 	N/A	 	N/A	 	N/A
	 Stevens
	 	Auditor	 	12/4/08	 	2008-0011423	 	387	 	2208	 	N/A
	 Thurston
	 	Auditor	 	12/16/08	 	4050436	 	N/A	 	N/A	 	N/A
	 Whitman
	 	Auditor	 	12/4/08	 	690093	 	N/A	 	N/A	 	N/A
							
	 Idaho
	 		 		 		 		 		 	
	 Benewah
	 	Recorder	 	12/4/08	 	252703	 	N/A	 	N/A	 	N/A
	 Bonner
	 	Recorder	 	12/4/08	 	763239	 	N/A	 	N/A	 	N/A
	 Boundary
	 	Recorder	 	12/4/08	 	240254	 	N/A	 	N/A	 	N/A
	 Clearwater
	 	Recorder	 	12/4/08	 	210360	 	N/A	 	N/A	 	N/A
	 Idaho
	 	Recorder	 	12/4/08	 	464502	 	N/A	 	N/A	 	N/A

  

 B(1)-1 

 RECORDING IN COUNTY OFFICES 
  

													
	 County
	 	 Office of
	 	 Real Estate Mortgage Records
	 	 Financing
 Statement
 Document
 Number

	 	 	 Date
	 	 Document Number
	 	 Book
	 	 Page
	 
	 Kootenai
	 	Recorder	 	12/4/08	 	2187936000	 	N/A	 	N/A	 	N/A
	 Latah
	 	Recorder	 	12/4/08	 	526292	 	N/A	 	N/A	 	N/A
	 Lewis
	 	Recorder	 	12/4/08	 	136744	 	N/A	 	N/A	 	N/A
	 Nez Perce
	 	Recorder	 	12/5/08	 	763473	 	N/A	 	N/A	 	N/A
	 Shoshone
	 	Recorder	 	12/4/08	 	449048	 	N/A	 	N/A	 	N/A
							
	 Montana
	 		 		 		 		 		 	
	 Big Horn
	 	Clerk & Recorder	 	12/5/08	 	340397	 	103	 	193	 	N/A
	 Broadwater
	 	Clerk & Recorder	 	12/5/08	 	160000	 	118	 	713	 	N/A
	 Golden Valley
	 	Clerk & Recorder	 	12/5/08	 	79787	 	M	 	13978	 	N/A
	 Meagher
	 	Clerk & Recorder	 	12/5/08	 	136592	 	F72	 	458	 	N/A
	 Mineral
	 	Clerk & Recorder	 	12/5/08	 	104510	 	N/A	 	N/A	 	N/A
	 Rosebud
	 	Clerk & Recorder	 	12/5/08	 	104368	 	123	 	234	 	N/A
	 Sanders
	 	Clerk & Recorder	 	12/5/08	 	64424	 	N/A	 	N/A	 	N/A
	 Stillwater
	 	Clerk & Recorder	 	12/5/08	 	338558	 	N/A	 	N/A	 	N/A
	 Treasure
	 	Clerk & Recorder	 	12/5/08	 	80684	 	18	 	968	 	N/A
	 Wheatland
	 	Clerk & Recorder	 	12/5/08	 	105496	 	M	 	20327	 	N/A
	 Yellowstone
	 	Clerk & Recorder	 	12/5/08	 	3488418	 	N/A	 	N/A	 	N/A
							
	 Oregon
	 		 		 		 		 		 	
	 Douglas
	 	Recorder	 	12/5/08	 	2008-021390	 	N/A	 	N/A	 	N/A
	 Jackson
	 	Recorder	 	12/9/08	 	2008-043889	 	N/A	 	N/A	 	N/A
	 Josephine
	 	Recorder	 	12/8/08	 	2008-018509	 	N/A	 	N/A	 	N/A
	 Klamath
	 	Recorder	 	12/9/08	 	2008-016193	 	N/A	 	N/A	 	N/A
	 Morrow
	 	Recorder	 	12/8/08	 	2008-23153	 	N/A	 	N/A	 	N/A
	 Union
	 	Recorder	 	12/8/08	 	20085344	 	N/A	 	N/A	 	N/A
	 Wallowa
	 	Recorder	 	12/8/08	 	08-60951	 	N/A	 	N/A	 	N/A

  

 B(1)-2 

 EXHIBIT B(2) 
 FILING AND RECORDING OF 
 FORTY-FOURTH SUPPLEMENTAL INDENTURE 
 FILING IN STATE OFFICES 
  

							
	 State
	 	 Office of
	 	 Date
	 	 Financing Statement
 Document Number

	Washington	 	Secretary of State	 	2/2/09	 	2009-036-2509-0
	Idaho	 	Secretary of State	 	2/2/09	 	B-2009-1059651-1
	Montana	 	Secretary of State	 	2/2/09	 	99324582
	Oregon	 	Secretary of State	 	2/3/09	 	8187624

 RECORDING IN COUNTY OFFICES 
  

													
	 County
	 	 Office of
	 	 Real Estate Mortgage Records
	 	 Financing
 Statement
 Document
 Number

	 	 	 Date
	 	 Document Number
	 	 Book
	 	 Page
	 
	Washington	 		 		 		 		 		 	
	 Adams
	 	Auditor	 	2/2/09	 	291317	 	N/A	 	N/A	 	N/A
	 Asotin
	 	Auditor	 	2/2/09	 	310520	 	N/A	 	N/A	 	N/A
	 Benton
	 	Auditor	 	2/3/09	 	2009-002689	 	N/A	 	N/A	 	N/A
	 Douglas
	 	Auditor	 	2/2/09	 	3131070	 	N/A	 	N/A	 	N/A
	 Ferry
	 	Auditor	 	2/2/09	 	273681	 	N/A	 	N/A	 	N/A
	 Franklin
	 	Auditor	 	2/3/09	 	1729713	 	N/A	 	N/A	 	N/A
	 Garfield
	 	Auditor	 	2/3/09	 	20090063	 	N/A	 	N/A	 	N/A
	 Grant
	 	Auditor	 	2/2/09	 	1249673	 	N/A	 	N/A	 	N/A
	 Klickitat
	 	Auditor	 	2/2/09	 	1081254	 	N/A	 	N/A	 	N/A
	 Lewis
	 	Auditor	 	2/9/09	 	3320361	 	N/A	 	N/A	 	N/A
	 Lincoln
	 	Auditor	 	2/2/09	 	2009-0451230	 	98	 	2579	 	N/A
	 Pend Oreille
	 	Auditor	 	2/3/09	 	2009 0300463	 	N/A	 	N/A	 	N/A
	 Skamania
	 	Auditor	 	2/2/09	 	2009171978	 	N/A	 	N/A	 	N/A
	 Spokane
	 	Auditor	 	2/2/09	 	5755075	 	N/A	 	N/A	 	N/A
	 Stevens
	 	Auditor	 	2/2/09	 	2009-0000844	 	389	 	750	 	N/A
	 Thurston
	 	Auditor	 	2/17/09	 	4060503	 	N/A	 	N/A	 	N/A
	 Whitman
	 	Auditor	 	2/2/09	 	690854	 	N/A	 	N/A	 	N/A
							
	Idaho	 		 		 		 		 		 	
	 Benewah
	 	Recorder	 	2/2/09	 	253135	 	N/A	 	N/A	 	N/A
	 Bonner
	 	Recorder	 	2/2/09	 	765949	 	N/A	 	N/A	 	N/A
	 Boundary
	 	Recorder	 	2/2/09	 	240950	 	N/A	 	N/A	 	N/A
	 Clearwater
	 	Recorder	 	2/2/09	 	210763	 	N/A	 	N/A	 	N/A

  

 B(2)-1 

 RECORDING IN COUNTY OFFICES 
  

													
	 County
	 	 Office of
	 	 Real Estate Mortgage Records
	 	 Financing
 Statement
 Document
 Number

	 	 	 Date
	 	 Document Number
	 	 Book
	 	 Page
	 
	 Idaho
	 	Recorder	 	2/2/09	 	465097	 	N/A	 	N/A	 	N/A
	 Kootenai
	 	Recorder	 	2/2/09	 	2194855000	 	N/A	 	N/A	 	N/A
	 Latah
	 	Recorder	 	2/4/09	 	527210	 	N/A	 	N/A	 	N/A
	 Lewis
	 	Recorder	 	2/2/09	 	136947	 	N/A	 	N/A	 	N/A
	 Nez Perce
	 	Recorder	 	2/2/09	 	765111	 	N/A	 	N/A	 	N/A
	 Shoshone
	 	Recorder	 	2/2/09	 	450008	 	N/A	 	N/A	 	N/A
							
	Montana	 		 		 		 		 		 	
	 Big Horn
	 	Clerk & Recorder	 	2/2/09	 	340661	 	103	 	770	 	N/A
	 Broadwater
	 	Clerk & Recorder	 	2/2/09	 	160311	 	119	 	582	 	N/A
	 Golden Valley
	 	Clerk & Recorder	 	2/9/09	 	79857	 	M	 	14085	 	N/A
	 Meagher
	 	Clerk & Recorder	 	2/3/09	 	136708	 	N/A	 	N/A	 	N/A
	 Mineral
	 	Clerk & Recorder	 	2/2/09	 	104703	 	N/A	 	N/A	 	N/A
	 Rosebud
	 	Clerk & Recorder	 	2/3/09	 	104724	 	124	 	552	 	N/A
	 Sanders
	 	Clerk & Recorder	 	2/2/09	 	64872	 	N/A	 	N/A	 	N/A
	 Stillwater
	 	Clerk & Recorder	 	2/3/09	 	339086	 	N/A	 	N/A	 	N/A
	 Treasure
	 	Clerk & Recorder	 	2/2/09	 	80727	 	19	 	6	 	N/A
	 Wheatland
	 	Clerk & Recorder	 	2/2/09	 	105544	 	M	 	20448	 	N/A
	 Yellowstone
	 	Clerk & Recorder	 	2/2/09	 	3493647	 	N/A	 	N/A	 	N/A
							
	Oregon	 		 		 		 		 		 	
	 Douglas
	 	Recorder	 	2/2/09	 	2009-001611	 	N/A	 	N/A	 	N/A
	 Jackson
	 	Recorder	 	2/4/09	 	2009-003814	 	N/A	 	N/A	 	N/A
	 Josephine
	 	Recorder	 	2/3/09	 	2009-001963	 	N/A	 	N/A	 	N/A
	 Klamath
	 	Recorder	 	2/3/09	 	2009-001260	 	N/A	 	N/A	 	N/A
	 Morrow
	 	Recorder	 	2/3/09	 	2009-23373	 	N/A	 	N/A	 	N/A
	 Union
	 	Recorder	 	2/3/09	 	20090355	 	N/A	 	N/A	 	N/A
	 Wallowa
	 	Recorder	 	2/3/09	 	61203	 	N/A	 	N/A	 	N/A

  

 B(2)-2 

 EXHIBIT B(3) 
 FILING AND RECORDING OF 
 FORTY-FIFTH SUPPLEMENTAL INDENTURE 
 FILING IN STATE OFFICES 
  

							
	 State
	 	 Office of
	 	 Date
	 	 Financing Statement
 Document Number

	Washington	 	Secretary of State	 	3/9/09	 	2009-070-0651-2
	Idaho	 	Secretary of State	 	3/9/09	 	B2009-1060962-0
	Montana	 	Secretary of State	 	3/9/09	 	99707012
	Oregon	 	Secretary of State	 	3/10/09	 	8214623

 RECORDING IN COUNTY OFFICES 
  

													
	 County
	 	 Office of
	 	 Real Estate Mortgage Records
	 	 Financing
 Statement
 Document
 Number

	 	 	 Date
	 	 Document Number
	 	 Book
	 	 Page
	 
	Washington	 		 		 		 		 		 	
	 Adams
	 	Auditor	 	3/9/09	 	291613	 	N/A	 	N/A	 	N/A
	 Asotin
	 	Auditor	 	3/9/098	 	311207	 	N/A	 	N/A	 	N/A
	 Benton
	 	Auditor	 	3/9/098	 	2009-005961	 	N/A	 	N/A	 	N/A
	 Douglas
	 	Auditor	 	3/9/09	 	3132197	 	N/A	 	N/A	 	N/A
	 Ferry
	 	Auditor	 	3/9/09	 	273865	 	N/A	 	N/A	 	N/A
	 Franklin
	 	Auditor	 	3/9/09	 	1731150	 	N/A	 	N/A	 	N/A
	 Garfield
	 	Auditor	 	3/9/09	 	20090114	 	N/A	 	N/A	 	N/A
	 Grant
	 	Auditor	 	3/9/09	 	1251444	 	N/A	 	N/A	 	N/A
	 Klickitat
	 	Auditor	 	3/9/09	 	1081726	 	N/A	 	N/A	 	N/A
	 Lewis
	 	Auditor	 	3/9/09	 	3322118	 	N/A	 	N/A	 	N/A
	 Lincoln
	 	Auditor	 	3/9/09	 	2009 0451494	 	98	 	3519	 	N/A
	 Pend Oreille
	 	Auditor	 	3/10/09	 	2009 0300822	 	N/A	 	N/A	 	N/A
	 Skamania
	 	Auditor	 	3/9/09	 	2009172251	 	N/A	 	N/A	 	N/A
	 Spokane
	 	Auditor	 	3/9/09	 	5766529	 	N/A	 	N/A	 	N/A
	 Stevens
	 	Auditor	 	3/9/09	 	2009-0001853	 	390	 	1704	 	N/A
	 Thurston
	 	Auditor	 	3/10/09	 	4065672	 	N/A	 	N/A	 	N/A
	 Whitman
	 	Auditor	 	3/9/09	 	691444	 	N/A	 	N/A	 	N/A
							
	Idaho	 		 		 		 		 		 	
	 Benewah
	 	Recorder	 	3/9/09	 	253437	 	N/A	 	N/A	 	N/A
	 Bonner
	 	Recorder	 	3/9/09	 	768120	 	N/A	 	N/A	 	N/A
	 Boundary
	 	Recorder	 	3/9/09	 	241493	 	N/A	 	N/A	 	N/A
	 Clearwater
	 	Recorder	 	3/9/09	 	211069	 	N/A	 	N/A	 	N/A

  

 B(3)-1 

 RECORDING IN COUNTY OFFICES 
  

													
	 County
	 	 Office of
	 	 Real Estate Mortgage Records
	 	 Financing
 Statement
 Document
 Number

	 	 	 Date
	 	 Document Number
	 	 Book
	 	 Page
	 
	 Idaho
	 	Recorder	 	3/9/09	 	465603	 	N/A	 	N/A	 	N/A
	 Kootenai
	 	Recorder	 	3/9/09	 	2199978000	 	N/A	 	N/A	 	N/A
	 Latah
	 	Recorder	 	3/11/09	 	527892	 	N/A	 	N/A	 	N/A
	 Lewis
	 	Recorder	 	3/9/09	 	137065	 	N/A	 	N/A	 	N/A
	 Nez Perce
	 	Recorder	 	3/9/09	 	766400	 	N/A	 	N/A	 	N/A
	 Shoshone
	 	Recorder	 	3/9/09	 	450515	 	N/A	 	N/A	 	N/A
							
	Montana	 		 		 		 		 		 	
	 Big Horn
	 	Clerk & Recorder	 	3/9/09	 	340811	 	104	 	176	 	N/A
	 Broadwater
	 	Clerk & Recorder	 	3/10/09	 	160548	 	120	 	437	 	N/A
	 Golden Valley
	 	Clerk & Recorder	 	3/9/09	 	79915	 	M	 	14166	 	N/A
	 Meagher
	 	Clerk & Recorder	 	3/9/09	 	136757	 	N/A	 	N/A	 	N/A
	 Mineral
	 	Clerk & Recorder	 	3/9/09	 	104797	 	N/A	 	N/A	 	N/A
	 Rosebud
	 	Clerk & Recorder	 	3/9/09	 	104907	 	125	 	42	 	N/A
	 Sanders
	 	Clerk & Recorder	 	3/9/09	 	65223	 	N/A	 	N/A	 	N/A
	 Stillwater
	 	Clerk & Recorder	 	3/9/09	 	339455	 	N/A	 	N/A	 	N/A
	 Treasure
	 	Clerk & Recorder	 	3/9/09	 	80759	 	19	 	91	 	N/A
	 Wheatland
	 	Clerk & Recorder	 	3/9/09	 	105599	 	M	 	20569	 	N/A
	 Yellowstone
	 	Clerk & Recorder	 	4/2/09	 	3501330	 	N/A	 	N/A	 	N/A
							
	 Oregon
	 		 		 		 		 		 	
	 Douglas
	 	Recorder	 	12/5/08	 	2009-005038	 	N/A	 	N/A	 	N/A
	 Jackson
	 	Recorder	 	12/9/08	 	2009-008226	 	N/A	 	N/A	 	N/A
	 Josephine
	 	Recorder	 	12/8/08	 	2009-003951	 	N/A	 	N/A	 	N/A
	 Klamath
	 	Recorder	 	12/9/08	 	2009-003396	 	N/A	 	N/A	 	N/A
	 Morrow
	 	Recorder	 	12/8/08	 	2009-23575	 	N/A	 	N/A	 	N/A
	 Union
	 	Recorder	 	12/8/08	 	20090822	 	N/A	 	N/A	 	N/A
	 Wallowa
	 	Recorder	 	12/8/08	 	61378	 	N/A	 	N/A	 	N/A

  

 B(3)-2 

 EXHIBIT C 
 PROPERTY ADDITIONS 
 First 
 BUSINESS OFFICE/S AND/OR REAL ESTATE, in the State of Washington, to wit: 
 1. Spokane County, Washington: “Jimmy Dean Warehouse”; Property No. WA-32-004; Grantor: Kathryn Taylor.; Portions of Tracts 15 & 16, First Addition to Orchard Park, located in the Northwest Quarter
(NW/4), of Section 12, Township 25 North, Range 43 East, W.M. 
  

 C(1)-1 

 EXHIBIT D 
 (Form of Bond) 
 This bond is subject to restrictions on transfer, 
 as hereinafter set forth 
 CUSIP
[                    ] 
 AVISTA
CORPORATION 
 First Mortgage Bond, 
 5.125% Series due 2022 
  

			
	REGISTERED	 	REGISTERED
		
	NO.                             	 	$        

 AVISTA CORPORATION, a corporation of the State of Washington (hereinafter called the
Company), for value received, hereby promises to pay to 
 , or registered assigns, on April 1, 2022 
 DOLLARS 
 and to pay the registered owner hereof interest
thereon semi-annually in arrears on April 1 and October 1 in each year (each such date being hereinafter called an “Interest Payment Date”), commencing April 1, 2010 and at Maturity (as hereinafter defined), at the rate of
five and one hundred twenty-five one-thousandths percentum (5.125%) per annum computed on the basis of a 360-day year consisting of twelve 30-day months, until the Company’s obligation with respect to the payment of such principal shall
have been discharged. This bond shall bear interest from September 22, 2009 or from the most recent Interest Payment Date on or prior to the date of this bond to which interest on the bonds of this series has been paid; provided, however, that
if the date of this bond shall be after a Record Date (as hereinafter defined) and prior to the corresponding Interest Payment Date, this bond shall bear interest from such Interest Payment Date. The principal of and premium, if any, and interest on
this bond payable at Maturity shall be payable upon presentation hereof at the office or agency of the Company in the Borough of Manhattan, The City of New York, in such coin or currency of the United States of America as at the time of payment is
legal tender for public and private debts. The interest on this bond (other than interest payable at Maturity) shall be paid by check, in the similar coin or currency, mailed to the registered owner hereof as of the close of 

  

 D-1 

 
business on the March 15 or September 15, as the case may be, next preceding each Interest Payment Date (each such date being herein called a
“Record Date”); provided, however, that if such registered owner shall be a securities depositary, such payment shall be made by such other means in lieu of check as shall be agreed upon by the Company, the Trustee and such registered
owner. Interest payable at Maturity shall be paid to the person to whom principal shall be paid. As used herein, the term “Maturity” shall mean the date on which the principal of this bond becomes due and payable, whether at stated
maturity, upon redemption or acceleration, or otherwise. 
 This bond is one of an issue of bonds of the Company issuable in series and is
one of a series known as its First Mortgage Bonds, 5.125% Series due 2022, all bonds of all such series being issued and issuable under and equally secured (except insofar as any sinking or other fund, established in accordance with the provisions
of the Mortgage hereinafter mentioned, may afford additional security for the bonds of any particular series) by a Mortgage and Deed of Trust, dated as of June 1, 1939 (the “Original Mortgage”), executed by the Company (formerly known
as The Washington Water Power Company) to City Bank Farmers Trust Company and Ralph E. Morton, as Trustees (Citibank, N.A., successor Trustee to both said Trustees). The Original Mortgage has been amended and supplemented by various supplemental
indentures and other instruments, including the Forty-sixth Supplemental Indenture, dated as of September 1, 2009, and, as so amended and supplemented, is herein called the “Mortgage”. Reference is made to the Mortgage for a
description of the property mortgaged and pledged, the nature and extent of the security, the rights of the holders of the bonds and of the Trustee in respect thereof, the duties and immunities of the Trustee and the terms and conditions upon which
the bonds are and are to be secured and the circumstances under which additional bonds may be issued. If there shall be a conflict between the terms of this bond and the provisions of the Mortgage, the provisions of the Mortgage shall control to the
extent permitted by law. The holder of this bond, by its acceptance hereof, shall be deemed to have consented and agreed to all of the terms and provisions of the Mortgage and, further, in the event that such holder shall not be the sole beneficial
owner of this bond, shall be deemed to have agreed to use all commercially reasonable efforts to cause all direct and indirect beneficial owners of this bond to have knowledge of the terms and provisions of the Mortgage and of this bond and to
comply therewith, including particularly, but without limitation, any provisions or restrictions in the Mortgage regarding the transfer or exchange of such beneficial interests and any legend set forth on this bond. 
 The Mortgage may be modified or altered by affirmative vote of the holders of at least 60% in principal amount of the bonds outstanding under the
Mortgage, considered as one class, or, if the rights of one or more, but less than all, series of bonds then outstanding are to be affected, then such modification or alteration may be effected with the affirmative vote only of 60% in principal
amount of the bonds outstanding of the series so to be affected, considered as one class, and, furthermore, for limited purposes, the Mortgage may be modified or altered without any consent or other action of holders 

  

 D-2 

 
of any series of bonds. No modification or alteration shall, however, permit an extension of the Maturity of the principal of, or interest on, this bond or a
reduction in such principal or the rate of interest hereon or any other modification in the terms of payment of such principal or interest or the creation of any lien equal or prior to the lien of the Mortgage or deprive the holder of a lien on the
mortgaged and pledged property without the consent of the holder hereof. 
 The principal hereof may be declared or may become due prior to
the stated maturity date on the conditions, in the manner and at the time set forth in the Mortgage, upon the occurrence of a Completed Default as in the Mortgage provided. 
 As provided in the Mortgage and subject to certain limitations therein set forth, this bond or any portion of the principal amount hereof will be deemed
to have been paid if there has been irrevocably deposited with the Trustee moneys or direct obligations of or obligations guaranteed by the United States of America, the principal of and interest on which when due, and without regard to any
reinvestment thereof, will provide moneys which, together with moneys so deposited, will be sufficient to pay when due the principal of and premium, if any, and interest on this bond when due. 
 The Mortgage contains terms, provisions and conditions relating to the consolidation or merger of the Company with or into, and the conveyance or other
transfer, or lease, of assets to, another corporation and to the assumption by such other corporation, in certain circumstances, of all of the obligations of the Company under the Mortgage and on the bonds secured thereby. 
 In the manner prescribed in the Mortgage, this bond is transferable by the registered owner hereof in person, or by his duly authorized attorney, at the
office or agency of the Company in the Borough of Manhattan, The City of New York, upon surrender and cancellation of this bond, together with a written instrument of transfer whenever required by the Company duly executed by the registered owner or
by its duly authorized attorney, and, thereupon, a new fully registered bond of the same series for a like principal amount will be issued to the transferee in exchange herefor as provided in the Mortgage. The Company and the Trustee may deem and
treat the person in whose name this bond is registered as the absolute owner hereof for the purpose of receiving payment and for all other purposes. 
 In the manner prescribed in the Mortgage, any bonds of this series, upon surrender thereof for cancellation at the office or agency of the Company in the Borough of Manhattan, The City of New York, are exchangeable
for a like aggregate principal amount of bonds of the same series of other authorized denominations. 
 The bonds of this series shall be
redeemable in whole at any time or in part from time to time, at the option of the Company, upon notice mailed as provided in Section 52 of the Mortgage, at the option of the Company at a redemption price equal to the greater of 
  

 D-3 

 (a) 100% of the principal amount of the bonds being redeemed, and 
 (b) the sum of the present values of the remaining scheduled payments of principal of and interest (not including any portion of any
scheduled payment of interest which accrued prior to the redemption date) on the bonds being redeemed discounted to the date of redemption on a semiannual basis (assuming a 360-day year consisting of twelve 30-day months) at a discount rate equal to
the Treasury Yield (as hereinafter defined) plus 30 basis points, 
 plus, in the case of either (i) or (ii) above, whichever is applicable,
accrued and unpaid interest on such bonds to the date of redemption. 
 “Treasury Yield” means, with respect to any
redemption of the bonds of this series, the rate per annum equal to the semiannual equivalent yield to maturity of the Comparable Treasury Issue, assuming a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount)
equal to the Comparable Treasury Price. The Treasury Yield shall be calculated as of the third business day preceding the redemption date or, if the bonds to be redeemed are to be caused to be deemed to have been paid within the meaning of
Section 106 of the Original Mortgage, as amended, prior to the redemption date, then as of the third business day prior to the earlier of (x) the date notice of such redemption is mailed to bondholders pursuant to Section 52 of the
Original Mortgage, as amended, and (y) the date irrevocable arrangements with the Trustee for the mailing of such notice shall have been made, as the case may be (the “Calculation Date”). 
 “Comparable Treasury Issue” means the United States Treasury security selected by an Independent Investment Banker as having a maturity
comparable to the remaining term of the bonds of this series that would be utilized, at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities of comparable maturity to the
remaining term of such bonds. 
 “Comparable Treasury Price” means (A) the average of the bid and asked prices for the
Comparable Treasury Issue (expressed in each case as a percentage of its principal amount) on the third business day preceding the Calculation Date, as set forth in the H.15 Daily Update of the Federal Reserve Bank of New York or (B) if such
release (or any successor release) is not published or does not contain such prices on such business day, the Reference Treasury Dealer Quotation for the Calculation Date. 
 “H.15(519)” means the weekly statistical release entitled “Statistical Release H.15 (519)”, or any successor publication,
published by the Board of Governors of the Federal Reserve System. 
 “H.15 Daily Update” means the daily update of
H.15(519) available through the worldwide website of the Board of Governors of the Federal Reserve System or any successor site or publication. 
  

 D-4 

 “Independent Investment Banker” means UBS Securities LLC or J. P. Morgan Securities Inc.
or, if so determined by the Company, any other independent investment banking institution of national standing appointed by the Company and reasonably acceptable to the Trustee. 
 “Reference Treasury Dealer Quotation” means, with respect to the Reference Treasury Dealer, the average, as determined by the Trustee,
of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as a percentage of its principal amount and quoted in writing to the Trustee by such Reference Treasury Dealer prior to the close of business on the third business
day preceding the Calculation Date). 
 “Reference Treasury Dealer” means a primary U.S. Government securities dealer in the
United States appointed by the Company and reasonably acceptable to the Trustee. 
 No recourse shall be had for the payment of the principal
of or premium, if any, or interest on this bond against any incorporator or any past, present or future subscriber to the capital stock, stockholder, officer or director of the Company or of any predecessor or successor corporation, as such, either
directly or through the Company or any predecessor or successor corporation, under any rule of law, statute or constitution or by the enforcement of any assessment or otherwise, all such liability of incorporators, subscribers, stockholders,
officers and directors being released by the holder or owner hereof by the acceptance of this bond and being likewise waived and released by the terms of the Mortgage. 
 This bond shall not become obligatory until Citibank, N.A., the Trustee under the Mortgage, or its successor thereunder, shall have signed the form of certificate endorsed hereon. 
 IN WITNESS WHEREOF, AVISTA CORPORATION has caused this bond to be signed in its corporate name by its President or one of its Vice Presidents by
his signature or a facsimile thereof, and its corporate seal to be impressed or imprinted hereon and attested by its Corporate Secretary or one of its Assistant Corporate Secretaries by his signature or a facsimile thereof. 
  

							
	Dated:	 		 	AVISTA CORPORATION
				
		 		 	By:	 	  

  

							
	ATTEST:	 	 
	 		 	

  

 D-5 

 TRUSTEE’S CERTIFICATE 
 This bond is one of the bonds of the series herein designated, described or provided for in the within-mentioned Mortgage. 
  

			
	 CITIBANK, N.A.

	 Trustee

		
	 By:
	 	  

		 	Authorized Officer

  

 D-6 

 DEPOSITARY LEGEND 
 This global bond is held by Cede & Co., as nominee for The Depository Trust Company (The “Depositary”) for the benefit of the beneficial owners hereof. This bond may not be transferred, nor may
any purported transfer be registered, except that (i) this bond may be transferred in whole, and appropriate registration of transfer effected, if such transfer is by Cede & Co., as nominee for the Depositary, to the Depositary, or by
the Depositary to another nominee thereof, or by any nominee of the Depositary to any other nominee thereof, or by the Depositary or any nominee thereof to any successor bond depositary or any nominee thereof; and (ii) this bond may be
transferred, and appropriate registration of transfer effected, to the beneficial holders hereof, and thereafter shall be transferable without restrictions (except as provided in the preceding paragraph) if: (A) the Depositary, or any successor
securities depositary, shall have notified the Company and the Trustee that (I) it is unwilling or unable to continue to act as securities depositary with respect to this bond or (II) it is no longer a clearing agency registered under the
Securities Exchange Act of 1934, as amended, and, in either case, the Trustee shall not have been notified by the Company within one hundred twenty (120) days of the identity of a successor securities depositary with respect to this bond; or
(B) the Company shall have delivered to the Trustee a written order to the effect that this bond shall be so transferable on and after a date specified therein. 
  

 D-7 

 ASSIGNMENT FORM 
 FOR VALUE RECEIVED the undersigned hereby sells, assigns and transfers unto 
                                        
                                         
             
 [please insert social security or other identifying number of
assignee] 
                                        
                                         
             
 [please print or typewrite name and address of assignee]

                                        
                                         
             
 the within bond of AVISTA CORPORATION and does hereby irrevocably constitute
and appoint                                 , Attorney, to transfer said
bond on the books of the within-mentioned Company, will full power of substitution in the premises. 
  

					
	 Dated:
	 	                    	  	
			
		 	                                       
                     	  	

			
		 	Notice: The signature to this assignment must correspond with the name as written upon the face of the bond in every particular without alteration or enlargement or any change whatsoever.

  

 D-8 

 EXHIBIT E 
 Amendments to Original Mortgage, 
 as heretofore amended 
  
  
 1. Section 3 in Article I 
 (a)
Section 3 in Article I of the Original Mortgage, as heretofore amended, is hereby amended by adding a new paragraph following the definition of “Opinion of Counsel,” reading as follows: 
 The term “Executive Committee” shall mean the Executive Committee of the Board of Directors of the Company or any other duly
authorized committee of the Board of Directors. 
 (b) Section 3 in Article I of the Original Mortgage, as heretofore amended, is hereby
further amended by adding a new paragraph at the end thereof, reading as follows: 
 Unless this Indenture expressly requires
otherwise, any certificate or other document to be delivered by the Company hereunder may be signed, and any action to be taken by the Company hereunder may be taken on behalf of the Company, by any officer or other employee of the Company so
authorized by Resolution, by the Company’s organizational documents or by applicable law. 
 2. Section 8 in Article II

 (a) Section 8 in Article II of the Original Mortgage, as heretofore amended (prior to the indented clauses (a), (b), (c) and
(d) in said Section 8), is hereby amended as indicated in subparagraph (i) below, with strikeouts showing deletions and underlining showing additions, subparagraph (ii) below containing only the new text of such provision as
amended: 
 (i) SECTION 8. At the option of the Company, the bonds issued hereunder
may be issued in one or more series, the bonds of each series (other than the 3 1/2% Series due 1964, hereinafter in Section 19 described) maturing on such date or dates and bearing interest at such rate or rates as the Board of Directors of the Company prior to the
authentication thereof may determine. Subject to the provisions of Section 19 hereof as to the 3 1/2% Series due 1964, the form of each series of bonds issued hereunder and of the coupons to be attached to the coupon bonds of such series shall be established by Resolution of the
Board of Directors of the Company or by Treasurer’s Certificate, or shall be set forth in an indenture supplemental hereto. The bonds and coupons of any 

  

 E-1 

 
one or more series may be expressed in one or more foreign languages, if also expressed in the English language. The English text shall govern the
construction thereof and both or all texts shall constitute but a single obligation. The English text of the coupon bonds, coupons, fully registered bonds and the Corporate Trustee’s certificate shall be respectively substantially of the tenor
and purport above recited, provided, however, that the form of each series, as established by the Board of DirectorsCompany, shall specify the descriptive title of the bonds (which shall contain the words
“Mortgage Bond”), the designation of the series, the date of the coupon bonds of that series, the rate or rates of interest to be borne by the bonds of that series, the coin or currency in which payable, the date or dates of maturity, the
dates for the payment of interest, and a place for the payment of principal and interest. Subject to the provisions of Section 19 hereof with respect to the 3 1/2% Series due 1964, any series of bonds may also contain such provisions not
inconsistent with the provisions of this Indenture as the Board of DirectorsCompany may, in its discretion, cause to be inserted therein: 
 (ii) SECTION 8. At the option of the Company, the bonds issued hereunder may be issued in one or
more series, the bonds of each series (other than the 3 1/2%
Series due 1964, hereinafter in Section 19 described) maturing on such date or dates and bearing interest at such rate or rates as the Company prior to the authentication thereof may determine. Subject to the provisions of Section 19
hereof as to the 3 1/2% Series due 1964, the form of each series
of bonds issued hereunder and of the coupons to be attached to the coupon bonds of such series shall be established by Resolution or by Treasurer’s Certificate, or shall be set forth in an indenture supplemental hereto. The bonds and coupons of
any one or more series may be expressed in one or more foreign languages, if also expressed in the English language. The English text shall govern the construction thereof and both or all texts shall constitute but a single obligation. The English
text of the coupon bonds, coupons, fully registered bonds and the Corporate Trustee’s certificate shall be respectively substantially of the tenor and purport above recited, provided, however, that the form of each series, as established by the
Company, shall specify the descriptive title of the bonds (which shall contain the words “Mortgage Bond”), the designation of the series, the date of the coupon bonds of that series, the rate or rates of interest to be borne by the bonds
of that series, the coin or currency in which payable, the date or dates of maturity, the dates for the payment of interest, and a place for the payment of principal and interest. Subject to the provisions of Section 19 hereof with respect to
the 3 1/2% Series due 1964, any series of bonds may also contain
such provisions not inconsistent with the provisions of this Indenture as the Company may, in its discretion, cause to be inserted therein: 
 (b) Indented clause (c) in Section 8 in Article II of the Original Mortgage, as heretofore amended, is hereby amended as indicated in subparagraph (i) below, with 
  

 E-2 

 
strikeouts showing deletions and underlining showing additions, subparagraph (ii) below containing only the new text of such provision as amended:

 (i)(c) permitting the bondholders to make, at a specified place or places, any or all of the following exchanges,
viz., exchanges of coupon bonds for fully registered bonds; exchanges of fully registered bonds for coupon bonds; exchanges of coupon bonds for coupon bonds of other authorized denominations; exchanges of fully registered bonds for fully registered
bonds of other authorized denominations; and exchanges of bonds of one series for bonds of another series; and such privilege of exchange may in any case be made subject to such conditions, limitations or restrictions as the Board of
DirectorsCompany may determine and the privilege of exchange may in any case be conferred upon the holders of bonds of one or more denominations and withheld from the holders of bonds of other denominations of the same series and
may in any case be conferred on the holders of fully registered bonds and withheld from the holders of coupon bonds or vice versa; 
 (ii)(c) permitting the bondholders to make, at a specified place or places, any or all of the following exchanges, viz., exchanges of coupon bonds for fully registered bonds; exchanges of fully registered bonds for coupon bonds;
exchanges of coupon bonds for coupon bonds of other authorized denominations; exchanges of fully registered bonds for fully registered bonds of other authorized denominations; and exchanges of bonds of one series for bonds of another series; and
such privilege of exchange may in any case be made subject to such conditions, limitations or restrictions as the Company may determine and the privilege of exchange may in any case be conferred upon the holders of bonds of one or more denominations
and withheld from the holders of bonds of other denominations of the same series and may in any case be conferred on the holders of fully registered bonds and withheld from the holders of coupon bonds or vice versa; 
 3. Section 9 in Article II 
 Section 9 in Article II of the Original Mortgage, as heretofore amended, is hereby amended as indicated in paragraph (a) below, with strikeouts showing deletions and underlining showing additions, paragraph (b) below
containing only the new text of such provision as amended: 
 (a) SECTION 9. Any series of bonds may be
executed, authenticated and delivered originally as coupon bonds and/or as fully registered bonds, of such denomination or denominations as the Board of Directors of the Company may from time to time
authorizedetermine. 
 (b) SECTION 9. Any series of bonds may be executed,
authenticated and delivered originally as coupon bonds and/or as fully registered bonds, of such denomination or denominations as the Company may from time to time determine. 
  

 E-3 

 4. Section 10 in Article II 
 Section 10 in Article II of the Original Mortgage, as heretofore amended, is hereby amended as indicated in paragraph (a) below, with strikeouts
showing deletions, paragraph (b) below containing only the new text of such provision as amended: 
 (a)
SECTION 10. Every fully registered bond shall be dated as of the date of authentication (except that if any fully registered bond of any series shall be authenticated upon any interest payment date for that series, it shall be
dated as of the day following) and shall bear interest from the beginning of the current interest period for that series; provided, however, that if any fully registered bond shall be authenticated and delivered upon a transfer of, or in exchange
for, any bond or bonds upon which interest is in default, it shall be dated so that no gain or loss of interest shall result therefrom. The coupon bonds of each series of bonds issued hereunder shall be dated as of such date as may be determined by
the Board of Directors of the Company and designated in the form established for such series. 
 (b)
SECTION 10. Every fully registered bond shall be dated as of the date of authentication (except that if any fully registered bond of any series shall be authenticated upon any interest payment date for that series, it shall be
dated as of the day following) and shall bear interest from the beginning of the current interest period for that series; provided, however, that if any fully registered bond shall be authenticated and delivered upon a transfer of, or in exchange
for, any bond or bonds upon which interest is in default, it shall be dated so that no gain or loss of interest shall result therefrom. The coupon bonds of each series of bonds issued hereunder shall be dated as of such date as may be determined by
the Company and designated in the form established for such series. 
 5. Section 11 in Article II 
 Section 11 in Article II of the Original Mortgage, as heretofore amended, is hereby amended as indicated in paragraph (a) below, with strikeouts
showing deletions and underlining showing additions, paragraph (b) below containing only the new text of such provision as amended: 
 (a) SECTION 11. Any bond may have imprinted thereon or included therein any legend or legends required in order to comply with any law or with any rules or regulations made pursuant thereto or with
the rules or regulations of any stock exchange or to conform to usage, and the Board of Directors of the Company by Resolution, Treasurer’s Certificate or indenture supplemental hereto may at any time amend
the form of any legend to be used on bonds then Outstanding so as to comply with any such law, rule or regulation, or so as to conform to usage. 
  

 E-4 

 (b) SECTION 11. Any bond may have imprinted thereon or included
therein any legend or legends required in order to comply with any law or with any rules or regulations made pursuant thereto or with the rules or regulations of any stock exchange or to conform to usage, and the Company by Resolution,
Treasurer’s Certificate or indenture supplemental hereto may at any time amend the form of any legend to be used on bonds then Outstanding so as to comply with any such law, rule or regulation, or so as to conform to usage. 
 6. Section 12 in Article II 
 Section 12 in Article II of the Original Mortgage, as heretofore amended, is hereby amended as indicated in paragraph (a) below, with strikeouts showing deletions, paragraph (b) below containing only the new text of such
provision as amended: 
 (a) SECTION 12. In all cases in which the privilege of exchanging bonds exists
and is exercised, the bonds to be exchanged shall be surrendered at such place or places as shall be designated by the Board of Directors or Executive Committee of the Company for the purpose, with all unmatured coupons
appertaining thereto (in the case of coupon bonds) and the Corporate Trustee shall authenticate and the Company shall issue in exchange therefor the bond or bonds which the bondholder making the exchange shall be entitled to receive. All bonds so
surrendered for exchange shall be in bearer form or if registered, accompanied by a written instrument or instruments of transfer in form approved by the Company duly executed by the registered holder or his duly authorized attorney. All bonds so
surrendered for exchange and the unmatured coupons appertaining thereto shall be canceled by the Corporate Trustee and upon the request of the Company may be cremated by the Corporate Trustee and a certificate evidencing the cremation thereof
delivered to the Company. Upon every transfer of bonds as permitted by the next succeeding Section, and upon every exchange of bonds, the Company may make a charge therefor sufficient to reimburse it for any tax or taxes or other governmental charge
required to be paid by the Company and in addition may charge a sum not exceeding Two Dollars ($2) for each bond issued upon any such transfer or exchange which shall be paid by the party requesting such transfer or exchange as a condition precedent
to the exercise of the privilege of making such transfer or exchange. The Company shall not be required to make transfers or exchanges of bonds of any series for a period of ten (10) days next preceding any interest payment date of said series.

 (b) SECTION 12. In all cases in which the privilege of exchanging bonds exists and is exercised, the
bonds to be exchanged shall be surrendered at such place or places as shall be designated by the Company for the purpose, with all unmatured coupons appertaining thereto (in the case of coupon bonds) and the 

  

 E-5 

 
Corporate Trustee shall authenticate and the Company shall issue in exchange therefor the bond or bonds which the bondholder making the exchange shall be
entitled to receive. All bonds so surrendered for exchange shall be in bearer form or if registered, accompanied by a written instrument or instruments of transfer in form approved by the Company duly executed by the registered holder or his duly
authorized attorney. All bonds so surrendered for exchange and the unmatured coupons appertaining thereto shall be canceled by the Corporate Trustee and upon the request of the Company may be cremated by the Corporate Trustee and a certificate
evidencing the cremation thereof delivered to the Company. Upon every transfer of bonds as permitted by the next succeeding Section, and upon every exchange of bonds, the Company may make a charge therefor sufficient to reimburse it for any tax or
taxes or other governmental charge required to be paid by the Company and in addition may charge a sum not exceeding Two Dollars ($2) for each bond issued upon any such transfer or exchange which shall be paid by the party requesting such transfer
or exchange as a condition precedent to the exercise of the privilege of making such transfer or exchange. The Company shall not be required to make transfers or exchanges of bonds of any series for a period of ten (10) days next preceding any
interest payment date of said series. 
 7. Section 15 in Article II 
 Section 15 in Article II of the Original Mortgage, as heretofore amended, is hereby amended as indicated in paragraph (a) below, with strikeouts
showing deletions, paragraph (b) below containing only the new text of such provision as amended: 
 (a)
SECTION 15. There may be authenticated and delivered and issued from time to time in lieu of (or in exchange for) any definitive bond or bonds authenticated under this Indenture one or more temporary typewritten, printed,
lithographed or engraved bonds substantially of the tenor of the bonds hereinbefore described, with or without one or more coupons, and with or without the privilege of registration as to principal only, or as to both principal and interest, and
such temporary bond or bonds may be in such denomination or denominations as the Board of Directors of the Company may determine. Until a definitive bond or bonds secured hereby are issued in exchange therefor, each such
temporary bond or bonds shall be entitled to the Lien and benefit of this Indenture. Upon the exchange by the Company of definitive coupon bonds or definitive fully registered bonds for temporary bonds (which exchange the Company shall make on
request of, and without charge to, the holder, when definitive bonds are ready for delivery) such temporary bond or bonds and any unmatured coupons appertaining thereto shall be canceled by the Corporate Trustee and upon the request of the Company
may be cremated by the Corporate Trustee and a certificate evidencing such cremation delivered to the Company. When and as interest is paid upon any unregistered temporary bond without coupons, the fact of such payment shall be noted thereon and
interest due on any 

  

 E-6 

 
temporary bond which is represented by a coupon shall be paid only upon presentation and surrender of such coupon for cancellation. Temporary bonds without
coupons of any series shall bear interest from the beginning of the current interest period for bonds of that series in which such temporary bonds without coupons shall be authenticated. The holder of one or more temporary bonds may exchange the
same on the surrender thereof, for cancellation, in bearer form or, if registered, accompanied by a written instrument or instruments of transfer in form approved by the Company, duly executed by the registered holder or by his duly authorized
attorney, with all unmatured coupons, if any, appertaining thereto, at the office or agency of the Company, and shall be entitled to receive a temporary bond or bonds of the same series of like aggregate principal amount of such other denominations
as the Board of Directors of the Company may determine to issue in exchange. 
 (b)
SECTION 15. There may be authenticated and delivered and issued from time to time in lieu of (or in exchange for) any definitive bond or bonds authenticated under this Indenture one or more temporary typewritten, printed,
lithographed or engraved bonds substantially of the tenor of the bonds hereinbefore described, with or without one or more coupons, and with or without the privilege of registration as to principal only, or as to both principal and interest, and
such temporary bond or bonds may be in such denomination or denominations as the Company may determine. Until a definitive bond or bonds secured hereby are issued in exchange therefor, each such temporary bond or bonds shall be entitled to the Lien
and benefit of this Indenture. Upon the exchange by the Company of definitive coupon bonds or definitive fully registered bonds for temporary bonds (which exchange the Company shall make on request of, and without charge to, the holder, when
definitive bonds are ready for delivery) such temporary bond or bonds and any unmatured coupons appertaining thereto shall be canceled by the Corporate Trustee and upon the request of the Company may be cremated by the Corporate Trustee and a
certificate evidencing such cremation delivered to the Company. When and as interest is paid upon any unregistered temporary bond without coupons, the fact of such payment shall be noted thereon and interest due on any temporary bond which is
represented by a coupon shall be paid only upon presentation and surrender of such coupon for cancellation. Temporary bonds without coupons of any series shall bear interest from the beginning of the current interest period for bonds of that series
in which such temporary bonds without coupons shall be authenticated. The holder of one or more temporary bonds may exchange the same on the surrender thereof, for cancellation, in bearer form or, if registered, accompanied by a written instrument
or instruments of transfer in form approved by the Company, duly executed by the registered holder or by his duly authorized attorney, with all unmatured coupons, if any, appertaining thereto, at the office or agency of the Company, and shall be
entitled to receive a temporary bond or bonds of the same series of like aggregate principal amount of such other denominations as the Company may determine to issue in exchange. 
  

 E-7 

 8. Section 21 in Article III 
 Section 21 in Article III of the Original Mortgage, as heretofore amended, is hereby amended as indicated in paragraph (a) below, with
strikeouts showing deletions and underlining showing additions, paragraph (b) below containing only the new text of such provision as amended: 
 (a) SECTION 21. Nothing in this Indenture contained shall limit the power of the Board of Directors or Executive Committee of the Company to fix the price at which the bonds authenticated and
delivered under any of the provisions of this Indenture may be issued, exchanged, sold or disposed of, but any or all of said bonds may be issued, exchanged, sold or disposed of upon such terms and for such considerations as the Board of Directors
or Executive Committee of the Company, or, if and to the extent so authorized by Resolution, the President, any Vice President or the Treasurer of the Company, may deem fit. 
 (b) SECTION 21. Nothing in this Indenture contained shall limit the price at which the bonds authenticated and delivered under any of
the provisions of this Indenture may be issued, exchanged, sold or disposed of, but any or all of said bonds may be issued, exchanged, sold or disposed of upon such terms and for such considerations as the Board of Directors or Executive Committee
of the Company, or, if and to the extent so authorized by Resolution, the President, any Vice President or the Treasurer of the Company, may deem fit. 
 9. Section 28 in Article V 
 Clause (i) in the first paragraph of Section 28 of Article
V of the Original Mortgage, as heretofore amended, is hereby amended as indicated in paragraph (a) below, with strikeouts showing deletions and underlining showing additions, paragraph (b) below containing only the new text of such
provision as amended: 
 (a)(1) a Resolution requesting the Corporate Trustee to authenticate and deliver
bonds, (a) specifying the principal amount of bonds called for, the series thereof and any other matters with respect thereto required by this Indenture, and (b) specifying the officer or officers of the Company to whom, or upon whose written order,
such bonds shall be delivered; under the authority of which the bonds are to be issued; 
 (b)(1) a
Resolution under the authority of which the bonds are to be issued; 
  

 E-8Bylaws of Tidewater Inc., as amended through September 17, 2009

 EXHIBIT 10.1 
 TIDEWATER INC. 
 AMENDED AND RESTATED BYLAWS 
 (amended and restated through September 17, 2009) 
 ARTICLE I 
 OFFICES 
 Section 1. The principal office shall be in the City of Wilmington, County of New Castle, State of Delaware, and the name of the resident agent in charge thereof is The Corporation Trust
Company. 
 Section 2. The corporation may also have offices at such other places both within and without the State of
Delaware as the Board of Directors may from time to time determine or the business of the corporation may require. 
 ARTICLE II

 MEETING OF STOCKHOLDERS 
 Section 1. Meetings of the stockholders for the election of directors shall be held at such time and place either within or without the State of Delaware, as shall be designated from time to time by the Board of
Directors and stated in the notice of the meeting or in a duly executed waiver of notice thereof. 
 Section 2. The
Annual Meeting of Stockholders for the election of directors and such other business as may properly be brought before the meeting shall be held on such date and at such time and place or places, within or without the State of Delaware, as shall be
designated from time to time by the Board of Directors and stated in the notice of the meeting. 
 Section 3. Written
notice of the annual meeting shall be served upon or mailed to each stockholder entitled to vote thereat at such address as appears on the books of the corporation, at least ten days prior to the meeting. 
 Section 4. At least ten days before every election of directors, a complete list of the stockholders entitled to vote at said
election, arranged in alphabetical order, with the residence of each and the number of voting shares held by each, shall be prepared by the Secretary. Such list shall be open at the place where the election is to be held for said ten days, to the
examination during ordinary business hours of any stockholder for any purpose germane to the meeting, and shall be produced and kept at the time and place of election during the whole time thereof, and subject to the inspection of any stockholder
who may be present. 
  

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 Section 5. Special meetings of the stockholders, for any purpose or purposes, unless
otherwise prescribed by statute or by the certificate of incorporation, may be called by the Chairman of the Board and shall be called by the Chairman of the Board or Secretary at the request in writing of a majority of the Board of Directors. Such
request shall state the purpose or purposes of the proposed meeting. 
 Section 6. Written notice of a special meeting
of stockholders, stating the time and place and object thereof, shall be served upon or mailed to each stockholder entitled to vote thereat at such address as appears on the books of the corporation, at least ten days before such meeting.

 Section 7. Business transacted at all special meetings shall be confined to the objects stated in the call.

 Section 8. The holders of a majority of the stock issued and outstanding and entitled to vote thereat, present in
person or represented by proxy, shall be requisite and shall constitute a quorum at all meetings of the stockholders for the transaction of business except as otherwise provided by statute, by the certificate of incorporation or by these bylaws. If,
however, such quorum shall not be present or represented at any meeting of the stockholders, the stockholders entitled to vote thereat, present in person or represented by proxy, shall have power to adjourn the meeting from time to time, without
notice other than announcement at the meeting, until a quorum shall be present or represented. At such adjourned meeting at which a quorum shall be present or represented any business may be transacted which might have been transacted at the meeting
as originally notified. 
 Section 9. When a quorum is present at a meeting of the stockholders for the election of
directors, directors shall be elected by a plurality of the votes cast by the holders of the stock present in person or represented by proxy at the meeting and entitled to vote on the election of directors. However, if the board of directors
determines by resolution that it is no longer in the best interests of the corporation and its stockholders to elect directors by a plurality vote, the board of directors may implement the corporation’s majority vote rule, as described herein,
for the election of directors without further amendment of these bylaws. Any proxy statement delivered to the stockholders in connection with any meeting at which directors are to be elected shall notify the stockholders of the voting protocol to be
followed at the meeting. Every matter other than the election of directors shall be decided by the vote of the holders of a majority of the stock having voting power present in person or represented by proxy and entitled to vote thereat, unless the
matter is one upon which by express provision of the statutes or of the certificate of incorporation or of these bylaws, a different vote is required in which case such express provision shall govern and control the decision of such matter.

 Section 10. At any meeting of the stockholders, every stockholder having the right to vote may vote in person or by
proxy appointed in the manner described in subsections (c)(1) and (c)(2) of Section 212 of the Delaware General Corporation Laws. The validity and use of any authorized proxy shall be limited to the meeting for which given. 
  

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 Each holder of common stock represented at a meeting of stockholders shall be entitled to
one vote for each share of common stock held of record on all matters on which stockholders generally are entitled to vote. Except where the transfer books of the corporation shall have been closed or a date shall have been fixed as a record date
for the determination of its stockholders entitled to vote, no share of stock shall be voted on at any election of directors which shall have been transferred on the books of the corporation within twenty days next preceding such election of
directors. 
 Section 11. At an annual meeting of the stockholders, only such business shall be conducted as shall have
been properly brought before the meeting. To be properly brought before an annual meeting, business must be (A) specified in the notice of the meeting (or any supplement thereto) given by or at the direction of the Board of Directors,
(B) otherwise properly brought before the meeting by or at the direction the Board of Directors, or (C) otherwise properly brought before the meeting by a stockholder. For business to be properly brought before an annual meeting by a
stockholder, if such business relates to the election of directors of the corporation, the procedures in Article III, Section 14 must be complied with. If such business relates to any other matter, the stockholder must have given timely notice
thereof in writing to the Secretary. To be timely, a stockholders notice must be delivered or mailed and received at the principal executive offices of the corporation, not less than 75 days nor more than 100 days prior to the anniversary date of
the immediately preceding annual meeting of stockholders of the corporation; provided, however, that in the event that the annual meeting is called for a date (including any change in a date designated by the Board of Directors pursuant to
Section 2 of this Article II) more than 50 days prior to such anniversary date, notice by the stockholder in order to be timely must be so received not later than the close of business on the 10th day following the day on which such notice of
the date of the meeting was mailed or public disclosure of the date of the meeting was made, whichever first occurs. A stockholders notice to the Secretary shall set forth as to each matter the stockholder proposes to bring before the annual meeting
(A) a brief description of the business desired to be brought before the annual meeting and the reasons for conducting such business at the annual meeting, (B) the name and address, as they appear on the corporations books, of the
stockholder proposing such business, (C) the class and number of shares of the corporation which are beneficially owned by the stockholder, and (D) any material interest of the stockholder in such business. Notwithstanding anything in the
bylaws to the contrary, no business shall be conducted at any annual meeting except in accordance with the procedures set forth in this Section 11 and except that any stockholder proposal which complies with Rule 14a-8 of the proxy rules (or
any successor provisions) promulgated under the Securities and Exchange Act of 1934, as amended, and is to be included in the corporations proxy statement for an annual meeting of the stockholders shall be deemed to comply with the requirements of
this Section 11. 
 The chairman of the meeting shall, if the facts warrant, determine and declare to the meeting that
business was not properly brought before the meeting in accordance with the provisions of this Section 11, and if he should so determine, the chairman shall so declare to the meeting that any such business not properly brought before the
meeting shall not be transacted. 
  

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 ARTICLE III 
 BOARD OF DIRECTORS 
 NUMBER AND CLASSIFICATION OF DIRECTORS 
 Section 1. The number of directors of the corporation (exclusive of directors who may in certain events be elected by the holders of
outstanding Preferred Stock voting separately as a class) shall be not less than five (5) or more than twelve (12), the exact number of directors to be determined from time to time by resolution adopted by a majority of the entire Board. As
used in this Article, “entire Board” means the total number of directors which the corporation would have if there were no vacancies. In the event that the Board is increased by such a resolution, the vacancy or vacancies so resulting
shall be filled by a vote of a majority of the directors then in office. No decrease in the Board shall shorten the term of any incumbent director. Directors need not be stockholders. 
 Section 2. Until the Company’s 2009 annual meeting of stockholders, the Board of Directors shall be divided into three classes,
Class I, Class II, and Class III. The number of directors in each class shall be as nearly equal in number as possible. The directors elected to Class I in 2004 shall serve for a term ending on the date of the annual meeting held in calendar year
2007, the directors elected to Class II in 2005 shall serve for a term ending on the date of annual meeting held in calendar year 2008, and the directors elected to Class III in 2006 shall serve for a term ending on the date of the annual meeting
held in calendar year 2009. The term of each director who is elected by stockholders after the 2006 annual meeting shall end at the first annual meeting that next follows his or her election. Commencing with the annual meeting of stockholders in
2009, the classification of the Board of Directors shall terminate, and all directors shall be of one class and shall serve for a term ending at the annual meeting that next follows the annual meeting at which such directors were elected. If prior
to the Company’s 2009 annual meeting of stockholders the number of directors is changed, any increase or decrease shall be apportioned among the classes so as to maintain the number of directors in each class as nearly equal as possible, and
any additional director of any class elected to fill a vacancy resulting from an increase in such class shall hold office for a term that shall coincide with the remaining term of that class. Any vacancy on the Board of Directors that results from
an increase in the number of directors may be filled by a majority of the Board of Directors then in office, provided that a quorum is present, and any other vacancy occurring in the Board of Directors may be filled by a majority of the Directors
then in office, even if less than a quorum, or by a sole remaining director. Any director elected to fill a vacancy not resulting from an increase in the number of directors shall have the same remaining term as that of his predecessor.
Notwithstanding the foregoing, whenever the holders of any outstanding shares of Preferred Stock shall be entitled, voting separately as a class, to elect directors, the terms of all directors elected by such holder shall expire at the next
succeeding annual meeting of stockholders. 
 Section 3. The property and business of the corporation shall be managed
by or under the direction of its Board of Directors which may exercise all such powers of the corporation and do all such lawful acts and things as are not by statute or by the certificate of incorporation or by these bylaws directed or required to
be exercised or done by the stockholders. 
  

 4 

 MEETINGS OF THE BOARD 
 Section 4. The directors of the corporation may hold their meetings, both regular and special, either within or without the State of Delaware. 
 Section 5. Immediately following each Annual Meeting of Stockholders the Board of Directors shall hold a regular meeting for the
purpose of organization, election of officers and the transaction of other business, and notice to the newly elected directors of such meeting shall not be necessary in order to legally constitute the meeting so long as a quorum shall be present, or
the directors may meet at such place and time as shall be fixed by the consent in writing of all the directors. 
 Section 6. Regular meetings of the Board may be held without notice at such time and place as shall from time to time be determined by the Board. 
 Section 7. Special meetings of the Board of Directors may be called by the Chairman of the Board, the President, or any majority of the directors then in office. Notice thereof stating the
place, date and hour of the meeting shall be given to each director either by mail not less than forty-eight (48) hours before the date of the meeting, by telephone or telegram on twenty-four (24) hours’ notice, or on such shorter
notice as the person or persons calling such meeting may deem necessary or appropriate in the circumstances. Meetings may be held at any time without notice if all the directors are present or if all those not present waive such notice in accordance
with Section 2 of Article IV of these bylaws. 
 Section 8. A majority of the Board of Directors shall constitute a
quorum for the transaction of business and the act of a majority of the directors present at any meeting at which there is a quorum shall be the act of the Board of Directors, except as may be otherwise specifically provided by statute or by the
certificate of incorporation or by these bylaws. If a quorum shall not be present at any meeting of directors, the directors present thereat may adjourn the meeting from time to time without notice other than announcement at the meeting, until a
quorum shall be present. 
 COMMITTEES OF DIRECTORS 
 Section 9. The Board of Directors may, by resolution and passed by a majority of the entire Board, designate one or more committees, each committee to consist of two or more of the directors
of the corporation, which, to the extent provided in said resolution, shall have and may exercise the powers of the Board of Directors in the management of the business and affairs of the corporation, and may have power to authorize the seal of the
corporation to be affixed to all papers which may require it. Such committee or committees shall have such name or names as may be determined from time to time by resolution adopted by the Board of Directors. In the absence or disqualification of a
member of a committee, the member or members thereof present at any meeting and not disqualified from voting whether or not he or they constitute a quorum, may unanimously appoint another member of the Board of Directors to act at the meeting in the
place of such absent or disqualified member. 
 Section 10. No committee of the Board of Directors not in existence on
May 25, 2006 may be created if the powers or responsibilities of such committee would diminish, duplicate, contravene or be otherwise inconsistent with the powers and responsibilities of any committee in 

  

 5 

 
existence on such date without the affirmative vote of 80% of the Board of Directors. Notwithstanding any other provision of these Bylaws, this
Section 10 of Article III may not be amended without the affirmative vote of 80% of the Board of Directors. 
 Section 11. The committees shall keep regular minutes of their proceedings and report the same to the Board when required. 
 COMPENSATION OF DIRECTORS 
 Section 12. Directors and members of committees may receive such
compensation, if any, for their services, and such reimbursement for expenses, as may be fixed or determined by the Board of Directors. Nothing herein contained shall be construed to preclude any director from serving the corporation in any other
capacity as an officer, agent, employee, or otherwise and receiving compensation therefor. 
 DIRECTORS EMERITUS 
 Section 13. In order to publicly recognize distinguished service to or on behalf of the corporation, one or more directors may,
pursuant to a majority vote of stockholders or a majority vote of the Board of Directors, be elected to serve as Director Emeritus. Candidates for designation of the title Director Emeritus shall be selected from among former Board members upon
retirement or other separation from active service to the corporation. Each Director Emeritus elected shall be publicly honored by being listed or otherwise identified in the corporations annual report to stockholders for the year in which such
election shall occur and thereafter at the pleasure of the Board of Directors. Each Director Emeritus shall continue to serve the corporation at the discretion of the Board of Directors. They shall be entitled to receive notice of and to attend
regular meetings of the Board of Directors but shall not be entitled to vote thereat and shall not be deemed to be a Director of the corporation for any purposes whatsoever under any applicable law or under the bylaws of the corporation. Individuals
elected to serve as Director Emeritus shall not receive fees for attending board or committee meetings, but shall receive reimbursement for direct expenses actually incurred by them in attending such meetings. 
 NOMINATION OF DIRECTORS 
 Section 14. Only persons who are nominated in accordance with the following procedures shall be eligible for election as directors. Nominations for election to the Board of Directors of the corporation at a meeting of stockholders may
be made by the Board of Directors or by any stockholder of the corporation entitled to vote for the election of directors at such meeting who complies with the notice procedures set forth in this Section 14. Such nominations, other than those
made by or on behalf of the Board of Directors, shall be made by notice in writing delivered or mailed by first class United States mail, postage prepaid, to the Secretary and received not less than 75 days nor more than 100 days prior to the
anniversary date of the immediately preceding the annual meeting of stockholders of the corporation; provided, however, that in the event that the meeting is called for a date (including any change in a date designated by the Board pursuant to
Section 2 of Article II) more than 50 days prior to such 

  

 6 

 
anniversary date, notice by the stockholder in order to be timely must be so received not later than the close of business on the 10th day following the day
on which such notice of the date of the meeting was mailed or public disclosure of the date of the meeting was made, whichever first occurs. Such notice shall set forth (A) as to each proposed nominee (i) the name, age, business address,
and, if known, residence address of each such nominee, (ii) the principal occupation or employment of each such nominee, (iii) the number of shares of stock of the corporation which are beneficially owned by each such nominee, and
(iv) any other information concerning the nominee that must be disclosed as to nominees in proxy solicitations pursuant to Regulation 14A under the Securities Exchange Act of 1934, as amended (including such person’s written consent to be
named as a nominee and to serve as a director if elected); and (B) as to the stockholder giving the notice (i) the name and address, as they appear on the corporation’s books, of such stockholder, and (ii) the class and number of
shares of the corporation which are beneficially owned by such stockholder. The corporation may require any proposed nominee to furnish such other information as may reasonably be required by the corporation to determine the eligibility of such
proposed nominee to serve as a director of the corporation. 
 The chairman of the meeting may, if the facts warrant,
determine and declare to the meeting that a nomination was not made in accordance with the foregoing procedure, and if he should so determine, he shall so declare to the meeting and the defective nomination shall be disregarded. 
 ARTICLE IV 
 NOTICES 

Section 1. Whenever under the provisions of the statutes or of the certificate of incorporation or of these bylaws, notice is
required to be given to any director or stockholder, it shall not be construed to mean personal notice, but such notice may be given in writing, by mail, addressed to such director or stockholder at such address as appears on the books of the
corporation, and such notice shall be deemed to be given at the time when the same shall be thus mailed. Notice may also be given personally or by telegram, telex or cable and such notice shall be deemed to be given at the time of receipt thereof if
given personally and at the time of transmission thereof if given by telegram, telex or cable. 
 Section 2. Whenever
any notice is required to be given under the provisions of the statutes or of the certificate of incorporation, or of these bylaws, a waiver thereof in writing signed by the person or persons entitled to said notice, whether before or after the time
stated therein, shall be deemed equivalent thereto. 
 ARTICLE V 
 OFFICERS 
 Section 1. The officers of the corporation shall
be chosen by the Directors and shall be a Chief Executive Officer, President, one or more Vice Presidents, Secretary, Treasurer, and Controller. The Board of Directors may also choose a Chairman of the Board whose duties shall be fixed by the Board
of Directors from time to time. The Chairman of the Board and Chief Executive Officer shall be chosen from the members of the Board of Directors, but none of the 

  

 7 

 
other officers need be a member of the Board. Should the Board of Directors choose more than one Vice President, it may establish separate classifications of
Vice Presidents and distinguish relative ranking among the classifications so chosen. The Board may also choose one or more Assistant Secretaries and Assistant Treasurers. Two or more offices may be held by the same person. 
 Section 2. The Board of Directors at its first meeting after each annual meeting of stockholders shall choose the officers of the
Corporation. 
 Section 3. The Board may appoint such other officers and agents as it shall deem necessary, who shall
hold their offices for such terms and shall exercise such powers and perform such duties as shall be determined from time to time by the Board. 
 Section 4. The salaries of all officers and agents of the corporation shall be fixed by the Board of Directors or by such persons as the Board of Directors may designate. 
 Section 5. The officers of the corporation shall hold office until their successors are chosen and qualify in their stead. Any
officer elected or appointed by the Board of Directors may be removed at any time by the affirmative vote of a majority of the entire Board of Directors. If the office of any officer becomes vacant for any reason, the vacancy may be filled by the
Board of Directors. 
 THE CHIEF EXECUTIVE OFFICER 
 Section 6. The Chairman of the Board of Directors shall be the Chief Executive Officer of the Corporation; he shall preside at all meetings of the stockholders and directors, shall be ex
officio member of all standing committees, shall have general and active management of the business of the corporation, and shall see that all orders and resolutions of the Board are carried into effect. 
 Section 7. He shall execute bonds, mortgages and other contracts requiring a seal, under the seal of the corporation, except where
required or permitted by law to be otherwise signed and executed and except where the signing and execution thereof shall be expressly delegated by the Board of Directors to some other officer or agent of the corporation. 
 PRESIDENT AND VICE PRESIDENT 
 Section 8. The President and then Vice Presidents, in order of their classification and then in order of seniority within their classification, at the direction of the Board of Directors, in case of disability of the Chairman of the
Board, or his absence from the particular place where the act is to be performed, shall perform the duties and exercise the powers of the Chairman of the Board, and shall perform such other duties as the Board of Directors shall prescribe; provided,
however, that a President or any Vice President who is not a citizen of the United States shall not perform any of the powers of the Chairman of the Board. 
  

 8 

 THE SECRETARY AND ASSISTANT SECRETARIES 
 Section 9. The Secretary shall attend all sessions of the Board and all meetings of the stockholders and record all votes and the
minutes of all proceedings in a book to be kept for that purpose and shall perform like duties for the standing committees when required. He shall give, or cause to be given, notice of all meetings of the stockholders and special meetings of the
Board of Directors, and shall perform such other duties as may be prescribed by the Board of Directors or President, under whose supervision he shall be. He shall keep in safe custody the seal of the corporation, and, when authorized by the Board,
affix the same to any instrument requiring it and, when so affixed, it shall be attested by his signature or by the signature of the Treasurer or an Assistant Secretary. 
 Section 10. The Assistant Secretaries in order of their seniority shall, in case of disability of the Secretary, or his absence from the particular place where the act is to be performed,
perform the duties and exercise the powers of the Secretary and shall perform such other duties as the Board of Directors shall prescribe. 
 THE TREASURER AND ASSISTANT TREASURER 
 Section 11. The Treasurer shall have the custody of the
corporate funds and securities and shall keep full and accurate accounts of receipts and disbursements in books belonging to the corporation and shall deposit all moneys and other valuable effects in the name and to the credit of the corporation in
such depositories as may be designated by the Board of Directors. 
 Section 12. He shall disburse the funds of the
corporation as may be ordered by the Board, taking proper vouchers for such disbursements, and shall render to the President and directors, at the regular meetings of the Board, or whenever they may require it, an account of all his transactions as
Treasurer and of the financial condition of the corporation. 
 Section 13. If required by the Board of Directors, he
shall give the corporation a bond (which shall be renewed every six years) in such sum and with such surety or sureties as shall be satisfactory to the Board for the faithful performance of the duties of his office and for the restoration to the
corporation, in case of his death, resignation, retirement or removal from office, of all books, papers, vouchers, money and other property of whatever kind in his possession or under his control belonging to the corporation. 
 Section 14. The Assistant Treasurers shall perform such duties as the Board of Directors shall prescribe. 
 THE CONTROLLER 
 Section 15. The Controller shall be responsible for the development and maintenance of the accounting systems used by the corporation and its subsidiaries. The Controller shall be authorized to implement policies and procedures to
ensure that the corporation and its subsidiaries maintain internal accounting control systems designed to provide reasonable assurance that the accounting records accurately reflect business transactions and that such transactions are in accordance
with management’s authorization. Additionally, the Controller shall be responsible for internal and external financial reporting for the corporation and its subsidiaries and shall perform such other duties as the Board of Directors shall
prescribe. 
  

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 ARTICLE VI 
 CERTIFICATE OF STOCK 
 Section 1. The shares of stock of the corporation shall
either be represented by certificates or shall be uncertificated. Certificates for the share of stock of the corporation shall be issued only to the extent as may be required by applicable law or as otherwise authorized by the Secretary or an
Assistant Secretary, and if so issued shall be in such form as is consistent with the Certificate of Incorporation and applicable law. Any such certificate shall be signed by, or in the name of the corporation by, the Chief Executive Officer,
President or a Vice President and the Treasurer or an Assistant Treasurer or the Secretary or an Assistant Secretary. Shares of stock of the corporation may also be evidenced by registration in the holder’s name in uncertificated form and
represented by an electronic record on the books of the corporation in accordance with a Direct Registration System approved by the Securities and Exchange Commission and by the New York Stock Exchange or any securities exchange on which the stock
of the corporation may from time to time be traded. 
 The designations, preferences and relative, participating, optional or
other special rights of each class of stock or series thereof and the qualifications, limitations or restrictions of such preferences and/or rights shall be set forth in full or summarized on the face or back of any certificates which the
corporation issues to represent such class or series of stock; or, in the case of uncertificated stock, shall be contained in a statement furnished by the corporation to each stockholder who so requests, and sent within a reasonable time after the
issuance or transfer of the uncertificated stock. Certificates may be issued for partly paid shares and in such case upon the face or back of the certificates issued to represent any such partly paid shares, or upon the books and records of the
corporation in the case of uncertificated partly paid shares, the total amount of the consideration to be paid therefor, and the amount paid thereon shall be specified. 
 LOST CERTIFICATES 
 Section 2. The Board of Directors may direct a new
certificate or certificates theretofore issued by the corporation alleged to have been lost or destroyed, upon the making of an affidavit of that fact by the person claiming the certificate of stock to be lost or destroyed. When authorizing such
issue of a new certificate or certificates, the Board of Directors may, in its discretion and as a condition precedent to the issuance thereof, require the owner of such lost or destroyed certificate or certificates, or his legal representative to
advertise the same in such manner as it shall require and/or give the corporation a bond in such sum as it may direct as indemnity against any claim that may be made against the corporation with respect to the certificate alleged to have been lost
or destroyed. 
  

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 TRANSFER OF STOCK 
 Section 3. Except as otherwise provided in the Certificate of Incorporation of the corporation, Shares shall be transferable only on the record of shareholders of the corporation by the
holder thereof in person or by attorney upon surrender of the outstanding certificate therefore, or upon compliance with the customary procedures for transferring shares in uncertificated form recorded electronically on a Direct Registration System.
Except as otherwise provided in the Certificate of Incorporation of the corporation, and if the shares of stock of the corporation are represented by certificates, upon surrender to the corporation of a certificate for shares duly endorsed or
accompanied by proper evidence of succession, assignment or authority to transfer, it shall be the duty of the corporation to cancel the old certificate and record the transaction upon its books. 
 CLOSING OF TRANSFER BOOKS 
 Section 4. The Board of Directors may close the stock transfer books of the corporation for a period not exceeding fifty days preceding the date of any meeting of stockholders or the date for payment of any dividend or the date for the
allotment of rights or the date when any change or conversion or exchange of capital stock shall go into effect or for a period of not exceeding fifty days in connection with obtaining the consent of stockholders for any purpose. In lieu of closing
the stock transfer books as aforesaid, the Board of Directors may fix in advance a date, not exceeding fifty days preceding the date of any meeting of stockholders, or the date of the payment of any dividend, or the date for the allotment of rights,
or the date when any change or conversion or exchange of capital stock shall go into effect or a date in connection with obtaining such consent, as a record date for the determination of the stockholders entitled to notice of, and to vote at, any
such meeting, and any adjournment thereof, or entitled to receive payment of any such dividend, or to any such allotment of rights, or to exercise the rights in respect of any such change, conversion or exchange of capital stock, or to give such
consent, and in such case such stockholders and only such stockholders as shall be stockholders of record on the date so fixed shall be entitled to such notice of, and to vote at, such meeting and any adjournment thereof, or to receive payment of
such dividend, or to receive such allotment of rights, or to exercise such rights, or to give such consent, as the case may be, notwithstanding any transfer of any stock on the books of the corporation after any such record date fixed as aforesaid.

 REGISTERED STOCKHOLDERS 
 Section 5. The corporation shall be entitled to treat the holder of record of any share or shares of stock as the holder in fact thereof and, accordingly, shall not be bound to recognize any equitable or other
claim to or interest in such share or shares on the part of any other person, whether or not it shall have express or other notice thereof, except as otherwise provided by the laws of Delaware. 
  

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 ARTICLE VII 
 GENERAL PROVISIONS 
 DIVIDENDS 
 Section 1. Dividends upon the capital stock of the corporation, subject to the provisions of the certificate of incorporation, if
any, may be declared by the Board of Directors at any regular or special meeting, pursuant to law. Dividends may be paid in cash, in property, or in shares of the capital stock, subject to the provisions of the certificate of incorporation.

 Section 2. Before payment of any dividend, there may be set aside out of any funds of the corporation available for
dividends such sum or sums as the directors from time to time, in their absolute discretion, think proper as a reserve fund to meet contingencies, or for equalizing dividends, or for repairing or maintaining any property of the corporation, or for
such other purpose as the directors shall think conducive to the interest of the corporation, and the directors may modify or abolish any such reserve in the manner in which it was created. 
 ANNUAL STATEMENT 
 Section 3. The Board of Directors shall
present at each annual meeting and when called for by vote of the stockholders at any special meeting of the stockholders, a full and clear statement of the business and condition of the corporation. 
 CHECKS 
 Section 4. All checks or demands for money and notes of the corporation shall be signed by such officer or officers or such other person or persons as the Board of Directors may from time to time designate. 
 FISCAL YEAR 
 Section 5. The fiscal year of the corporation shall be fixed by resolution of the Board of Directors. 
 SEAL 

Section 6. The corporate seal shall have inscribed thereon the name of the corporation, the year of its organization and the
words “Corporate Seal, Delaware”. Said seal may be used by causing it or a facsimile thereof to be impressed or affixed or reproduced or otherwise. 
 ARTICLE VIII 
 INDEMNIFICATION 
 Section 1. Subject to Section 3 of this Article VIII, the corporation shall indemnify any person who was or is a party or is
threatened to be made a party to any threatened, pending or completed action, suit or proceeding, whether civil, criminal, administrative or investigative (other than an action by or in the right of the corporation) by reason of the fact that he is
or was a director, director emeritus, officer or employee of the corporation or any of its subsidiaries, or is or was serving at the request of the corporation as a director, director emeritus, officer or employee of another corporation,
partnership, joint venture, trust, employee benefit plan or other enterprise, against expenses (including attorneys’ fees), judgments, fines and amounts paid in 

  

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settlement actually and reasonably incurred by him in connection with such action, suit or proceeding if he acted in good faith and in a manner he reasonably
believed to be in or not opposed to the best interests of the corporation, and, with respect to any criminal action or proceeding, had no reasonable cause to believe his conduct was unlawful. The termination of any action, suit or proceeding by
judgment, order, settlement, conviction, or upon a plea of nolo contendere or its equivalent, shall not, of itself, create a presumption that the person did not act in good faith and in a manner which he reasonably believed to be in or not opposed
to the best interests of the corporation, and, with respect to any criminal action or proceeding, had reasonable cause to believe that his conduct was unlawful. 
 Section 2. Subject to Section 3 of this Article VIII, the corporation shall indemnify any person who was or is a party or is threatened to be made a party to any threatened, pending or
completed action or suit by or in the right of the corporation to procure a judgment in its favor by reason of the fact that he is or was a director, director emeritus, officer or employee of the corporation or any of its subsidiaries, or is or was
serving at the request of the corporation as a director, director emeritus, officer or employee of another corporation, partnership, joint venture, trust, employee benefit plan or other enterprise against expenses (including attorneys’ fees)
actually and reasonably incurred by him in connection with the defense or settlement of such action or suit if he acted in good faith and in a manner he reasonably believed to be in or not opposed to the best interests of the corporation; except
that no indemnification shall be made in respect of any claim, issue or matter as to which such person shall have been adjudged to be liable to the corporation unless and only to the extent that the Court of Chancery or the court in which such
action or suit was brought shall determine upon application that, despite the adjudication of liability but in view of all the circumstances of the case, such person is fairly and reasonably entitled to indemnity for such expenses which the Court of
Chancery or such other court shall deem proper. 
 Section 3. Any indemnification under this Article VIII (unless
ordered by a court) shall be made by the corporation only as authorized in the specific case upon a determination that indemnification of the director, director emeritus, officer or employee is proper in the circumstances because he has met the
applicable standard of conduct set forth in Section 1 or 2 of this Article VIII, as the case may be. Such determination shall be made (A) by the Board of Directors by a majority vote of a quorum consisting of directors who were not parties
to such action, suit or proceeding, or (B) if such a quorum is not obtainable, or, even if obtainable a quorum of disinterested directors so directs, by independent legal counsel in a written opinion, or (C) by the stockholders. To the
extent, however, that a director, director emeritus, officer or employee has been successful on the merits or otherwise in defense of any action, suit or proceeding described above, or in defense of any claim, issue or matter therein, he shall be
indemnified against expenses (including attorneys’ fees) actually and reasonably incurred by him in connection therewith, without the necessity of authorization in the specific case. 
 Section 4. For purposes of any determination under Section 3 of this Article VIII, a person shall be deemed to have acted in
good faith and in manner he reasonably believed to be in or not opposed to the best interests of the corporation, or, with respect to any criminal action or proceeding, to have had no reasonable cause to believe his conduct was unlawful, if his
action is based on the records or books of account of the corporation or another enterprise, or on 

  

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information supplied to him by the officers of the corporation or another enterprise in the course of their duties, or on the advice of legal counsel for the
corporation or another enterprise or on information or records given or reports made to the corporation or another enterprise by an independent certified public accountant or by an appraiser or other expert selected with reasonable care by the
corporation or another enterprise. The term “another enterprise” as used in this Section 4 shall mean any other corporation or any partnership, joint venture, trust, employee benefit plan or other enterprise of which such person is or
was serving at the request of the corporation as a director, director emeritus, officer or employee. The provisions of this Section 4 shall not be deemed to be exclusive or to limit in any way the circumstances in which a person may be deemed
to have met the applicable standard of conduct set forth in Sections 1 or 2 of this Article VIII, as the case may be. 
 Section 5. Notwithstanding any contrary determination in the specific case under Section 3 of this Article VIII, and notwithstanding the absence of any determination thereunder, any director, director emeritus, officer or employee
may apply to any court of competent jurisdiction in the State of Delaware for indemnification to the extent otherwise permissible under Sections 1 and 2 of this Article VIII. The basis of such indemnification by a court shall be a determination by
such court that indemnification of the director, director emeritus, officer or employee is proper in the circumstances because he has met the applicable standards of conduct set forth in Sections 1 or 2 of this Article VIII, as the case may be.
Neither a contrary determination in the specific case under Section 3 of this Article VIII nor the absence of any determination thereunder shall be a defense to such application or create a presumption that the director, director emeritus,
officer or employee seeking indemnification has not met any applicable standard of conduct. Notice of any application for indemnification pursuant to this Section 5 shall be given to the corporation promptly upon the filing of such application.
If successful, in whole or in part, the director, director emeritus, officer or employee seeking indemnification shall also be entitled to be paid the expense of prosecuting such application. 
 Section 6. Expenses incurred in defending or investigating a threatened or pending action, suit or proceeding shall be paid by the
corporation in advance of the final disposition of such action, suit or proceeding upon receipt of an undertaking by or on behalf of the director, director emeritus, officer or employee to repay such amount if it shall ultimately be determined that
he is not entitled to be indemnified by the corporation as authorized in this Article VIII. 
 Section 7. Without
limiting any of the provisions of this Article VIII, if any action, suit or proceeding is brought against a director, director emeritus, officer or employee and such director, director emeritus, officer or employee is entitled to be indemnified
under this Article VIII or to advancement of expenses hereunder (an “indemnified party”), (A) the indemnified party may retain counsel satisfactory to him and the corporation, (B) the corporation shall pay all reasonable fees and
expenses of such counsel for the indemnified party promptly as statements therefor are received, (C) the indemnified party shall keep the corporation reasonably apprised of the status of such action, claim or proceeding, and (D) the
corporation will use all reasonable efforts to assist in the vigorous defense of any such matter; provided, that the corporation shall not be liable for any settlement of any action, suit or proceeding without its prior written consent, which
consent, however, shall not be unreasonably withheld. 
  

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 Section 8. Any indemnified party wishing to claim indemnification under this Article
VIII, upon learning of any such action, suit or proceeding, shall promptly notify the corporation (but the failure to so notify the corporation shall not relieve the corporation from any liability that it may have under this Article VIII except to
the extent such failure prejudices the corporation). The indemnified parties as a group may retain only one law firm to represent them with respect to each matter unless there is, under applicable standards of professional conduct, a conflict on any
significant issue between the positions of any two or more indemnified parties, in which case the indemnified parties as a group shall be entitled to retain only the minimum number of law firms necessary for separate representation of each
conflicting position. 
 Section 9. The indemnification and advancement of expenses provided by or granted pursuant to
this Article VIII shall not be deemed exclusive of any other rights to which those seeking indemnification or advancement of expenses may be entitled under any Bylaw, agreement, contract, vote of stockholders or disinterested directors or pursuant
to the direction (howsoever embodied) of any court of competent jurisdiction or otherwise, both as to action in his official capacity and as to action in another capacity while holding such office, it being the policy of the corporation that
indemnification of the persons specified in Sections 1 and 2 of this Article VIII shall be made to the fullest extent permitted by law. The provisions of this Article VIII shall not be deemed to preclude the indemnification of any person who is not
specified in Sections 1 or 2 of this Article VIII but whom the corporation has the power or obligation to indemnify under the provisions of the General Corporation Law of the State of Delaware, or otherwise. The indemnification and advancement of
expenses provided by, or granted pursuant to, this Article VIII shall, unless otherwise provided when authorized or ratified, continue as to a person who has ceased to be a director, director emeritus, officer or employee and shall inure to the
benefit of the heirs, executors and administrators of such person. 
 Section 10. The corporation may purchase and
maintain insurance on behalf of any person who is or was a director, director emeritus, officer or employee of the corporation, or is or was serving at the request of the corporation as a director, director emeritus, officer or employee of another
corporation, partnership, joint venture, trust, employee benefit plan or other enterprise against any liability asserted against him and incurred by him in any such capacity, or arising out of his status as such, whether or not the corporation would
have the power or the obligation to indemnify him against such liability under the provisions of this Article VIII. 
 Section 11. For purposes of this Article VIII, references to “the corporation” shall include, in addition to the resulting corporation, any constituent corporation (including any constituent of a constituent) absorbed in a
consolidation or merger which, if its separate existence had continued, would have had power and authority to indemnify its directors, directors emirate, officers and employees, so that any person who is or was a director, director emeritus, officer
or employee of such constituent corporation, or is or was serving at the request of such constituent corporation as a director, director emeritus, officer or employee of another corporation, partnership, joint venture, trust, employee benefit plan
or other enterprise, shall stand in the same position under the provisions of this Article VIII with respect to the resulting or surviving corporation as he would have with respect to such constituent corporation if its separate existence had
continued. 
  

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 For purposes of this Article VIII, references to “fines” shall include any
excise taxes assessed on a person with respect to an employee benefit plan; and references to “serving at the request of the corporation” shall include any service as a director, director emeritus, officer or employee of the corporation
which imposes duties on, or involves services by, such person with respect to an employee benefit plan, its participants or beneficiaries; and a person who acted in good faith and in a manner he reasonably believed to be in the interest of the
participants and beneficiaries of an employee benefit plan shall be deemed to have acted in a manner “not opposed to the best interests of the corporation” as referred to in this Article VIII. 
 Section 12. The rights to indemnification provided in this Article VIII with respect to a particular threatened, pending or
completed action, suit or proceeding shall vest in the indemnified party upon the occurrence of the event or chain of events giving rise to such threatened, pending or completed action, suit or proceeding, and no amendment or repeal of this Article
VIII shall adversely affect any right to indemnification to which an indemnified party would have been entitled prior to the time of such amendment or repeal. 
 ARTICLE VIII 
 AMENDMENTS 
 Section 1. These bylaws may be altered or repealed at any regular meeting of the stockholders or at any special meeting of the
stockholders at which a quorum is present or represented, provided notice of the proposed alteration or repeal be contained in the notice of such special meeting, by the affirmative vote of a majority of the stock entitled to vote at such meeting
and present or represented thereat, or by the affirmative vote of a majority of the Board of Directors at any regular meeting or any special meeting of the Board if notice of the proposed alteration or repeal be contained in the notice of such
special meeting. 
 Section 2. Notwithstanding any other provisions of these bylaws (including Section 1 of this
Article IX) or the Certificate of Incorporation, the adoption by stockholders of any alteration, amendment, change, addition to or repeal of all or any part of Sections 1 or 2 of Article III or this Section 2 of Article IX of these bylaws, or
the adoption by stockholders of any other provision of these bylaws which is inconsistent with or in addition to such Sections of these bylaws, shall require the affirmative vote of the holders of not less than eighty percent (80%) of the votes
entitled to be cast by the holders of all then outstanding stock of the Corporation entitled to vote in the election of directors, considered for purposes of this Section 2 as one class. 
  

 16

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