Document:

EX-4.6

 Exhibit 4.6 

[EXECUTION VERSION] 
 BANK OF
AMERICA CORPORATION, 
 as Issuer 

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

INDENTURE 
 for Subordinated Debt
Securities 
 Dated as of June 27, 2018 
  

 CROSS-REFERENCE SHEET* 

between 
 Provisions of Sections
310 through 318 of the Trust Indenture Act of 1939, as amended, and the within Indenture dated as of June 27, 2018 between Bank of America Corporation, as Issuer, and The Bank of New York Mellon Trust Company, N.A., as Trustee: 

 
  

 

						
	SECTION OF ACT		SECTION OF INDENTURE
	 310(a)(1) and (2)
		7.08
	 310(a)(3) and (4)
		Not applicable
	 310(b)
		7.08 and 7.09
	 311(a) and (b)
		7.12
	 312(a)
		5.01 and 5.02(a)
	 312(b) and (c)
		5.02(b) and (c)
	 313
		5.04
	 314(a)
		4.04 and 5.03
	 314(b)
		Not applicable
	 314(c)(1) and (2)
		15.05
	 314(c)(3)
		Not applicable
	 314(d)
		Not applicable
	 314(e)
		15.05
	 315(a), (c) and (d)
		7.01
	 315(b)
		7.13
	 315(e)
		6.14
	 316(a)(1)
		6.12
	 316(a)(2)
		Omitted
	 316(a) last sentence
		8.04
	 316(b)
		6.08
	 316(c)
		8.06
	 317(a)
		6.03 and 6.04
	 317(b)
		4.03(a)
	 318(a)
		15.07

  

	*	This Cross-Reference Sheet is not part of this Indenture. 

 TABLE OF CONTENTS 

 

									
	 	  	Page	 
	 ARTICLE ONE DEFINITIONS 
	  	 	1	 
				
		 	 SECTION 1.01
	 	Definitions	  	 	1	 
		
	 ARTICLE TWO ISSUE, EXECUTION, REGISTRATION AND EXCHANGE OF SECURITIES 
	  	 	8	 
				
		 	 SECTION 2.01
	 	Amount Unlimited; Issuable in Series	  	 	8	 
		 	 SECTION 2.02
	 	Trustee’s Certificate of Authentication	  	 	8	 
		 	 SECTION 2.03
	 	Form of Securities Generally; Establishment of Terms of Series	  	 	9	 
		 	 SECTION 2.04
	 	Global Securities	  	 	12	 
		 	 SECTION 2.05
	 	Denominations; Record Date; Payment of Interest	  	 	12	 
		 	 SECTION 2.06
	 	Execution, Authentication, Delivery and Dating of Securities	  	 	13	 
		 	 SECTION 2.07
	 	Exchange and Registration of Transfer of Securities	  	 	15	 
		 	 SECTION 2.08
	 	Temporary Securities	  	 	17	 
		 	 SECTION 2.09
	 	Mutilated, Destroyed, Lost or Stolen Securities	  	 	17	 
		 	 SECTION 2.10
	 	Cancellation	  	 	18	 
		 	 SECTION 2.11
	 	Book-Entry Only System	  	 	18	 
		 	 SECTION 2.12
	 	Security Identification Numbers	  	 	18	 
		
	 ARTICLE THREE REDEMPTION OF SECURITIES; REPAYMENT AT THE OPTION OF HOLDERS
	  	 	19	 
				
		 	 SECTION 3.01
	 	Redemption of Securities; Applicability of Section	  	 	19	 
		 	 SECTION 3.02
	 	Notice of Redemption; Selection of Securities	  	 	19	 
		 	 SECTION 3.03
	 	Payment of Securities Called for Redemption	  	 	20	 
		 	 SECTION 3.04
	 	Repayment at the Option of Holders	  	 	21	 
		
	 ARTICLE FOUR PARTICULAR COVENANTS OF THE COMPANY
	  	 	22	 
				
		 	 SECTION 4.01
	 	Payment of Principal, Premium and Interest	  	 	22	 
		 	 SECTION 4.02
	 	Offices for Notices and Payments, etc.	  	 	22	 
		 	 SECTION 4.03
	 	Provisions as to Paying Agent	  	 	23	 
		 	 SECTION 4.04
	 	Statement as to Compliance	  	 	24	 
		 	 SECTION 4.05
	 	Waiver of Covenants	  	 	24	 
		 	 SECTION 4.06
	 	Notice of Default from the Company	  	 	24	 
		 	 SECTION 4.07
	 	Determination of Additional Amounts	  	 	24	 
		 	 SECTION 4.08
	 	Tax Matters	  	 	25	 
		
	 ARTICLE FIVE SECURITYHOLDER LISTS AND REPORTS BY THE COMPANY AND THE TRUSTEE
	  	 	25	 
				
		 	 SECTION 5.01
	 	Securityholder Lists	  	 	25	 
		 	 SECTION 5.02
	 	Preservation and Disclosure of Lists; Communications Among Holders	  	 	25	 
		 	 SECTION 5.03
	 	Reports by the Company	  	 	25	 
		 	 SECTION 5.04
	 	Reports by the Trustee	  	 	26	 
		
	 ARTICLE SIX REMEDIES
	  	 	26	 
				
		 	 SECTION 6.01
	 	Events of Default	  	 	26	 
		 	 SECTION 6.02
	 	Acceleration of Maturity, Rescission and Annulment	  	 	27	 

  
 -i- 

 TABLE OF CONTENTS 

(continued) 
  

									
	 	  	Page	 
		 	 SECTION 6.03
	 	Collection of Indebtedness and Suits for Enforcement by Trustee	  	 	27	 
		 	 SECTION 6.04
	 	Trustee May File Proofs of Claim	  	 	28	 
		 	 SECTION 6.05
	 	Trustee May Enforce Claims Without Possession of Securities	  	 	29	 
		 	 SECTION 6.06
	 	Application of Money Collected	  	 	29	 
		 	 SECTION 6.07
	 	Limitation on Suits	  	 	29	 
		 	 SECTION 6.08
	 	Unconditional Right of Securityholders to Receive Principal, Premium and Interest	  	 	30	 
		 	 SECTION 6.09
	 	Restoration of Rights and Remedies	  	 	30	 
		 	 SECTION 6.10
	 	Rights and Remedies Cumulative	  	 	30	 
		 	 SECTION 6.11
	 	Delay or Omission Not Waiver	  	 	30	 
		 	 SECTION 6.12
	 	Control by Securityholders	  	 	31	 
		 	 SECTION 6.13
	 	Waiver of Past Defaults	  	 	31	 
		 	 SECTION 6.14
	 	Undertaking for Costs	  	 	31	 
		 	 SECTION 6.15
	 	Waiver of Stay or Extension Laws	  	 	32	 
		
	 ARTICLE SEVEN CONCERNING THE TRUSTEE 
	  	 	32	 
				
		 	 SECTION 7.01
	 	Duties and Responsibilities of Trustee	  	 	32	 
		 	 SECTION 7.02
	 	Certain Rights of the Trustee	  	 	33	 
		 	 SECTION 7.03
	 	No Responsibility for Recitals, etc.	  	 	34	 
		 	 SECTION 7.04
	 	Ownership of Securities	  	 	34	 
		 	 SECTION 7.05
	 	Money to be Held in Trust	  	 	34	 
		 	 SECTION 7.06
	 	Compensation and Expenses of Trustee	  	 	35	 
		 	 SECTION 7.07
	 	Officer’s Certificate as Evidence	  	 	35	 
		 	 SECTION 7.08
	 	Eligibility of Trustee; Disqualification; Conflicting Interest	  	 	36	 
		 	 SECTION 7.09
	 	Resignation or Removal of Trustee	  	 	36	 
		 	 SECTION 7.10
	 	Acceptance by Successor Trustee	  	 	37	 
		 	 SECTION 7.11
	 	Successor by Merger, etc.	  	 	38	 
		 	 SECTION 7.12
	 	Limitations on Rights of Trustee as Creditor	  	 	38	 
		 	 SECTION 7.13
	 	Notice of Default from the Trustee	  	 	38	 
		 	 SECTION 7.14
	 	Appointment of Authenticating Agent	  	 	38	 
		
	 ARTICLE EIGHT CONCERNING THE SECURITYHOLDERS
	  	 	40	 
				
		 	 SECTION 8.01
	 	Action by Securityholders	  	 	40	 
		 	 SECTION 8.02
	 	Proof of Execution by Securityholders	  	 	41	 
		 	 SECTION 8.03
	 	Who Are Deemed Absolute Owners	  	 	41	 
		 	 SECTION 8.04
	 	Company-Owned Securities Disregarded	  	 	41	 
		 	 SECTION 8.05
	 	Future Securityholders Bound	  	 	42	 
		 	 SECTION 8.06
	 	Record Date	  	 	42	 
		
	 ARTICLE NINE SECURITYHOLDERS’ MEETINGS
	  	 	42	 
				
		 	 SECTION 9.01
	 	Purposes of Meeting	  	 	42	 
		 	 SECTION 9.02
	 	Call of Meetings by Trustee	  	 	43	 
		 	 SECTION 9.03
	 	Call of Meetings by Company or Securityholders	  	 	43	 
		 	 SECTION 9.04
	 	Qualifications for Voting	  	 	43	 
		 	 SECTION 9.05
	 	Regulations	  	 	43	 
		 	 SECTION 9.06
	 	Voting	  	 	44	 

  
 -ii- 

 TABLE OF CONTENTS 

(continued) 
  

									
	 	  	Page	 
	 ARTICLE TEN SUPPLEMENTAL INDENTURES
	  	 	44	 
				
		 	 SECTION 10.01
	 	Supplemental Indentures without Consent of Holders	  	 	44	 
		 	 SECTION 10.02
	 	Supplemental Indentures with Consent of Holders	  	 	46	 
		 	 SECTION 10.03
	 	Compliance with Trust Indenture Act; Effect of Supplemental Indentures	  	 	46	 
		 	 SECTION 10.04
	 	Notation on Securities	  	 	47	 
		
	 ARTICLE ELEVEN CONSOLIDATION, MERGER, SALE, CONVEYANCE OR TRANSFER
	  	 	47	 
				
		 	 SECTION 11.01
	 	Company May Consolidate, etc., on Certain Terms	  	 	47	 
		 	 SECTION 11.02
	 	Successor Substituted	  	 	47	 
		 	 SECTION 11.03
	 	Opinion of Counsel and Officer’s Certificate to Be Given Trustee	  	 	48	 
		
	 ARTICLE TWELVE SATISFACTION AND DISCHARGE OF INDENTURE
	  	 	48	 
				
		 	 SECTION 12.01
	 	Discharge of Indenture	  	 	48	 
		 	 SECTION 12.02
	 	Deposited Moneys to Be Held in Trust by Trustee	  	 	49	 
		 	 SECTION 12.03
	 	Paying Agent to Repay Moneys Held	  	 	49	 
		
	 ARTICLE THIRTEEN IMMUNITY OF INCORPORATORS, STOCKHOLDERS, OFFICERS AND
DIRECTORS
	  	 	49	 
				
		 	 SECTION 13.01
	 	Indenture and Securities Solely Corporate Obligations	  	 	49	 
		
	 ARTICLE FOURTEEN DEFEASANCE AND COVENANT DEFEASANCE
	  	 	49	 
				
		 	 SECTION 14.01
	 	Applicability of Article	  	 	49	 
		 	 SECTION 14.02
	 	Defeasance and Discharge	  	 	49	 
		 	 SECTION 14.03
	 	Covenant Defeasance	  	 	50	 
		 	 SECTION 14.04
	 	Conditions to Defeasance or Covenant Defeasance	  	 	50	 
		 	 SECTION 14.05
	 	Deposited Money and U.S. Government Obligations to be Held in Trust; Other Miscellaneous Provisions	  	 	51	 
		
	 ARTICLE FIFTEEN MISCELLANEOUS PROVISIONS
	  	 	52	 
				
		 	 SECTION 15.01
	 	Benefits of Indenture Restricted to Parties and Securityholders	  	 	52	 
		 	 SECTION 15.02
	 	Provisions Binding on Successors	  	 	52	 
		 	 SECTION 15.03
	 	Addresses for Notices, etc., to Company and Trustee	  	 	52	 
		 	 SECTION 15.04
	 	Notice to Holders of Securities; Waiver	  	 	53	 
		 	 SECTION 15.05
	 	Evidence of Compliance with Conditions Precedent	  	 	54	 
		 	 SECTION 15.06
	 	Legal Holidays	  	 	54	 
		 	 SECTION 15.07
	 	Trust Indenture Act to Control	  	 	54	 
		 	 SECTION 15.08
	 	Execution in Counterparts	  	 	54	 
		 	 SECTION 15.09
	 	Governing Law; Consent to Jurisdiction	  	 	54	 
		 	 SECTION 15.10
	 	Separability Clause	  	 	55	 
		 	 SECTION 15.11
	 	Waiver of Jury Trial	  	 	55	 
		 	 SECTION 15.12
	 	Force Majeure	  	 	55	 
		 	 SECTION 15.13
	 	Foreign Account Tax Compliance Act (FATCA)	  	 	55	 
		 	 SECTION 15.14
	 	Return of Unclaimed Moneys	  	 	55	 

  
 -iii- 

 TABLE OF CONTENTS 

(continued) 
  

									
	 	  	Page	 
	 ARTICLE SIXTEEN SUBORDINATION OF SECURITIES
	  	 	56	 
				
		 	 SECTION 16.01
	 	Securities Subordinate to Senior Indebtedness	  	 	56	 
		 	 SECTION 16.02
	 	Payment Over of Proceeds Upon Dissolution, etc.	  	 	56	 
		 	 SECTION 16.03
	 	Trustee to Effectuate Subordination	  	 	58	 
		 	 SECTION 16.04
	 	Trustee Not Charged with Knowledge of Prohibition	  	 	58	 
		 	 SECTION 16.05
	 	Rights of Trustee as Holder of Senior Indebtedness	  	 	59	 
		 	 SECTION 16.06
	 	Trustee Not Fiduciary for Holders of Senior Indebtedness	  	 	59	 
		 	 SECTION 16.07
	 	Article Applicable to Paying Agents	  	 	59	 
		 	 SECTION 16.08
	 	Subordination May Not Be Impaired	  	 	59	 

  
 -iv- 

 THIS INDENTURE, dated as of June 27, 2018, by and between BANK OF AMERICA CORPORATION, a
Delaware corporation, as Issuer (the “Company”), and THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., a national banking association formed under the laws of the United States of America, as Trustee (the “Trustee”). 

W I T N E S S E T H: 

WHEREAS, the Company has duly authorized the execution and delivery of this Indenture and the issuance from time to time of its unsecured
debentures, notes or other evidences of indebtedness (the “Securities”) in one or more series unlimited as to principal amount and subordinated to the Senior Indebtedness (as defined herein) to the extent and on the terms set forth herein;
and 
 WHEREAS, all acts and things necessary to make this a valid indenture and agreement of the Company according to its terms have been
done and performed; 
 NOW, THEREFORE: 

In consideration of the premises and of the purchase and acceptance of the Securities by the holders thereof, the Company and the Trustee
covenant and agree for the equal and proportionate benefit of the respective holders from time to time of the Securities as follows: 

ARTICLE ONE 
 DEFINITIONS 

SECTION 1.01 Definitions. 
 The terms
defined in this Section (except as otherwise expressly provided or unless the context otherwise requires) for all purposes of this Indenture and of any indenture supplemental hereto shall have the respective meanings specified in this Section. All
other terms used in this Indenture that are defined in the Trust Indenture Act or that are by reference therein defined in the Securities Act shall have the meanings (except as otherwise expressly provided or unless the context otherwise requires)
assigned to such terms in the Trust Indenture Act or the Securities Act, as the case may be. All accounting terms used herein and not expressly defined shall have the meanings assigned to such terms in accordance with U.S. generally accepted
accounting principles, as are generally accepted at the time of any computation. The words “herein,” “hereof” and “hereunder” and other words of similar import refer to this Indenture as a whole and not to any
particular Article, Section or other subdivision. The terms defined in this Article have the meanings assigned to them in this Article and include the plural as well as the singular. 

Additional Amounts: 
 The term
“Additional Amounts” shall mean any additional amounts to be paid by the Company in respect of any Securities of a series, as may be specified pursuant to Section 2.03(b) hereof and in such Securities and under
the circumstances specified therein, in respect of specified taxes, assessments or other governmental charges imposed on certain holders who are United States Aliens, and which may be owing to such holders as set forth in
Section 4.07 hereof. 

  
 1 

 Authorized Officer: 

The term “Authorized Officer” shall mean any of the following officers of the Company: the Chief Executive Officer, the Chairman of
the Board of Directors, the President, the Chief Financial Officer, the Treasurer, the Secretary and any other officer or officers of the Company designated in writing by or pursuant to the authority of the Board of Directors as an Authorized
Officer. 
 Board of Directors: 
 The
terms “Board of Directors” and “Board” shall mean the Board of Directors of the Company or any duly authorized committee of such Board of Directors. 

Board Resolution: 
 The term “Board
Resolution” shall mean a resolution certified by the Secretary or an Assistant Secretary of the Company to have been duly adopted by the Board of Directors or by a committee acting under authority of or appointment by the Board of Directors and
to be in full force and effect on the date of such certification, and delivered to the Trustee. Where any provision of this Indenture refers to action taken pursuant to a Board Resolution (including the establishment of the Securities of a series
and the forms and terms thereof), such action may be taken by any officer or employee of the Company authorized by a Board Resolution to take such action. 

Business Day: 
 The term “business
day” shall mean, with respect to any Security, unless otherwise specified pursuant to Section 2.03(b), any day other than a Saturday or Sunday that is not (1) a legal holiday in New York, New York or Charlotte,
North Carolina, or any other Place of Payment for such Security, and (2) a day on which banking institutions in those cities are authorized or required by law or regulation to be closed. 

Commission: 
 The term
“Commission” shall mean the Securities and Exchange Commission. 
 Company: 

The term “Company” shall mean the Person named as the “Company” in the first paragraph of this instrument until a successor
shall have become such pursuant to the applicable provisions of this Indenture, and thereafter “Company” shall mean such successor. 
 Company
Order and Company Request: 
 The terms “Company Order” and “Company Request” mean, respectively, a written order or
request signed in the name of the Company by any Authorized Officer and delivered to the Trustee. 
 Corporate Trust Office: 

The term “Corporate Trust Office” means the designated office or agency of the Trustee at which its corporate trust business may be
administered at any particular time, which at the date hereof is located at 10161 Centurion Parkway, N., 2nd Floor, Jacksonville, Florida 32256, Attention: Corporate Trust Administration, or such
other addresses as the Trustee may designate from time to time by notice to the holders and to the Company, or the principal corporate trust office of any successor Trustee (or such other address as such successor Trustee may designate from time to
time by notice to the holders and to the Company). 

  
 2 

 Covenant Breach: 

Unless otherwise provided with respect to the Securities of a series as contemplated by Section 2.03(b), the term
“Covenant Breach” shall mean, with respect to the Securities of a series, a failure on the part of the Company duly to observe or perform any of the covenants or agreements on the part of the Company contained in such Securities or in this
Indenture (other than a Default or a covenant or agreement which has expressly been included in this Indenture for the benefit of the Securities of a series other than such Securities), which failure continues for a period of 90 days after the date
on which written notice of such failure, requiring the Company to remedy the same, shall have been given to the Company by the Trustee, or to the Company and the Trustee by the holders of at least 25 percent in aggregate principal amount of the
affected Securities then Outstanding hereunder. For the avoidance of doubt, a Covenant Breach shall not constitute an Event of Default with respect to any Securities, except to the extent otherwise provided with respect to Securities of a series as
contemplated by Section 2.03(b). 
 Default: 

Unless otherwise provided with respect to Securities of a series as contemplated by Section 2.03(b), the term
“Default” shall have the meaning specified in Section 6.03 hereof. 
 Definitive Security: 

The term “Definitive Security” shall mean any Security evidencing all or a portion of the Securities of a series issued in fully
registered definitive form in the name of the holder (other than a Depositary or such Depositary’s nominee) of such Securities, which shall be substantially in the form as may be established by or pursuant to a Board Resolution or one or more
indentures supplemental hereto. 
 Depositary: 

The term “Depositary” shall mean, with respect to the Securities of a series issuable or issued in whole or in part in the form of
one or more Global Securities, the Person designated as Depositary by the Company pursuant to Section 2.03(b) until a successor Depositary shall have become such pursuant to the applicable provisions of this Indenture, and
thereafter “Depositary” shall mean or include each Person who is then a Depositary hereunder, and if at any time there is more than one such Person, “Depositary” as used with respect to the Securities of a series shall mean the
Depositary with respect to such Securities. 
 Electronic Method 

The term “Electronic Method” shall have the meaning specified in Section 15.03. 

Event of Default: 
 The term “Event
of Default” shall have the meaning specified in Article Six. 
 Exchange Act: 

The term “Exchange Act” shall mean the Securities Exchange Act of 1934, as amended. 

  
 3 

 Global Security: 

The term “Global Security” shall mean any Security evidencing all or a portion of the Securities of a series issued in fully
registered global form in the name of the Depositary for such Securities, or in the name of such Depositary’s nominee, in accordance with Section 2.04, which shall be substantially in the form as may be established by
or pursuant to a Board Resolution or one or more indentures supplemental hereto and may be in the form of a master Global Security representing two or more Securities of a series. 

Holder: 
 The terms “holder,”
“holder of Securities,” “securityholder” or other similar term shall mean the Person in whose name such Security is registered in the Security Register in accordance with the terms hereof, or as may be otherwise specified in
accordance with Section 2.03(b) for any Security that is not a Registered Security. 
 Indenture: 

The term “Indenture” shall mean this instrument as originally executed and delivered or as it may from time to time be supplemented
or amended by one or more indentures supplemental hereto entered into pursuant to the applicable provisions hereof, including without limitation, to establish the form and terms of the Securities of a series as contemplated by Article Two.

 Officer’s Certificate: 
 The
term “Officer’s Certificate” shall mean a certificate signed by any Authorized Officer and delivered to the Trustee. 
 Opinion of
Counsel: 
 The term “Opinion of Counsel” shall mean an opinion in writing signed by legal counsel, who may be an employee of
or counsel to the Company and who shall be satisfactory to the Trustee, or who may be other counsel satisfactory to the Trustee. 
 Original Issue
Discount Securities: 
 The term “Original Issue Discount Securities” shall mean any Securities that provide for an amount less
than the principal amount thereof to be due and payable upon a declaration of acceleration of the maturity thereof pursuant to Section 6.02. 

Outstanding: 
 The term
“Outstanding” or “outstanding,” when used with respect to any Securities, shall mean, subject to the provisions of Section 8.04 and of the Trust Indenture Act, as of the date of determination, all such
Securities authenticated and delivered by the Trustee under this Indenture, except: 
 (a) Securities theretofore cancelled by the Trustee or
delivered to the Trustee for cancellation; 
 (b) Securities, or portions thereof, for the payment or redemption of which money, U.S.
Government Obligations or other property in the necessary amount shall have been deposited in trust with the Trustee or with any Paying Agent (other than the Company) or shall have been set aside and segregated and held in trust by the Company (if
the Company shall act as Paying Agent) 

  
 4 

 
for the holders of such Securities or for its obligations with respect to which the Company shall have been discharged; provided, that if such Securities, or portions thereof, are to be
redeemed prior to the maturity thereof, notice of such redemption shall have been given as provided in this Indenture, or provision satisfactory to the Trustee shall have been made for giving such notice; 

(c) Securities that have been defeased pursuant to Section 14.02 hereof; and 

(d) Securities that have been paid pursuant to Section 2.09, or Securities in exchange for, in lieu of and in
substitution for which other Securities shall have been authenticated and delivered pursuant to the terms of this Indenture, unless proof satisfactory to the Trustee is presented that any such Securities are held by a bona fide purchaser in whose
hands such Securities are valid obligations of the Company, 
 provided, however, that in determining whether the holders of the requisite
principal amount of the Outstanding Securities have given, made or taken any request, demand, authorization, direction, notice, consent, waiver or other action hereunder as of any date (1) the principal amount of an Original Issue Discount
Security which shall be deemed to be Outstanding shall be the amount of the principal thereof which would be due and payable as of such date upon declaration of acceleration of the maturity thereof to such date pursuant to
Section 6.02, and (2) the principal amount of a Security denominated in one or more foreign currencies, composite currencies or currency units which shall be deemed to be Outstanding shall be the U.S. Dollar
equivalent, determined as of such date in the manner provided with respect to such Security as contemplated by Section 2.03(b), of the principal amount of such Security (or, in the case of a Security described in clause
(1) above, of the amount determined as provided in such clause). 
 Paying Agent: 

The term “Paying Agent” shall mean any Person authorized by the Company to pay the principal of (and premium, if any, on) or any
interest or other amounts payable on any Securities on behalf of the Company and which shall be the Trustee, unless otherwise provided as contemplated by Section 2.03(b). 

Periodic Offering: 
 The term
“Periodic Offering” shall mean an offering of Securities of a series, from time to time, the specific terms of which (including, without limitation, the rate or rates of interest or formula for determining the rate or rates of interest
thereon, if any, the maturity date or dates thereof and the redemption provisions, if any, with respect thereto) are to be determined by the Company at the time of the offering of such Securities. 

Person: 
 The term “Person” or
“person” shall mean any individual, corporation, limited liability company, partnership, joint venture, association, joint stock company, trust, unincorporated organization or government or any agency or political subdivision thereof. 

Place of Payment: 
 The term “Place
of Payment,” when used with respect to Securities of a series, means the place or places where, subject to the provisions of Section 4.02, the principal of (and premium, if any, on) and any interest or other amounts
payable on such Securities are payable as specified as contemplated by Section 2.03(b). 

  
 5 

 Record Date: 

The term “record date” as used with respect to any interest payment date shall have the meaning specified in
Section 2.05. 
 Registered Security: 

The term “Registered Security” means any Security issued in fully registered form in the name of the Depositary or its nominee, or in
the name of such other holder thereof, and registered on the Security Register. 
 Responsible Officer: 

“Responsible Officer,” when used with respect to the Trustee, shall mean any officer within the corporate trust department of the
Trustee (or any successor group of the Trustee), including any Vice President, Assistant Vice President, Assistant Secretary, Assistant Treasurer, trust officer or any other officer of the Trustee customarily performing functions similar to those
performed by the Persons who at the time shall be such officers, respectively, and also shall mean, with respect to a particular corporate trust matter, any other officer to whom such matter is referred because of such officer’s knowledge of
and familiarity with the particular subject and who shall have direct responsibility for the administration of this Indenture. 
 Securities: 

The term “Securities” shall have the meaning set forth in the preamble of this Indenture and, for the avoidance of doubt, shall
include any Security established pursuant to Section 2.01 and Section 2.03(b) and authenticated and issued pursuant to the terms of this Indenture, whether as a Global Security or a Definitive
Security, and may be Registered Securities or Securities in such other form as established pursuant to Section 2.03(b). 

Securities Act: 
 The term
“Securities Act” shall mean the Securities Act of 1933, as amended. 
 Security Register and Security Registrar: 

The terms “Security Register” and “Security Registrar” shall have the respective meanings set forth in
Section 2.07(a) hereof. 
 Senior Indebtedness: 

The term “Senior Indebtedness” shall mean any indebtedness for money borrowed outstanding on the date of execution of this Indenture
as originally executed, or thereafter created, incurred or assumed, for the payment of which the Company is at the time of determination responsible or liable as obligor, guarantor or otherwise, and all deferrals, renewals, extensions and refundings
of any such indebtedness or obligations, other than the Securities or any other indebtedness as to which, in the instrument creating or evidencing the same or pursuant to which the same is outstanding, it is provided that such indebtedness is
subordinate in right of payment to any other indebtedness of the Company, it being understood that the description of Senior Indebtedness set forth herein shall be deemed to include all indebtedness of the Company for borrowed and purchased money of
the Company, all obligations of the Company arising from off-balance sheet guarantees by the Company and direct credit substitutes and obligations of the Company associated with derivative products such as
interest and foreign exchange rate contracts and commodity contracts. 

  
 6 

 Subsidiary: 

The term “Subsidiary” shall mean any Person of which more than 50% of the voting power of the outstanding ownership interests
(excluding ownership interests entitled to voting power only by reason of the happening of a contingency) shall at the time be owned, directly or indirectly, by the Company, or one or more Subsidiaries, or by the Company and one or more
Subsidiaries. For this purpose, “voting power” means power to vote in an ordinary election of directors (or, in the case of a Person that is not a corporation, ordinarily to appoint or approve the appointment of Persons holding similar
positions). 
 Trust Indenture Act: 

The term “Trust Indenture Act” shall mean the Trust Indenture Act of 1939, as amended, as in force at the date of this Indenture as
originally executed, except in the event the Trust Indenture Act of 1939 is amended after such date, “Trust Indenture Act” shall mean, to the extent required by any such amendment, the Trust Indenture Act of 1939 as so amended. 

Trustee: 
 The term “Trustee”
shall mean the person identified as “Trustee” in the first paragraph hereof until the acceptance of appointment of a successor trustee pursuant to the provisions of Article Seven, and thereafter shall mean such successor trustee.

 U.S. Dollar, US$ or $: 

The term “U.S. Dollar,” “US$” or “$” shall mean a dollar or other equivalent unit in such coin or currency
of the United States of America as at the time shall be legal tender for the payment of public and private debts. 
 U.S. Government Obligations:

 The term “U.S. Government Obligations” shall mean securities that are (a) direct obligations of the United States of
America for the payment of which its full faith and credit is pledged or (b) obligations of a Person controlled or supervised by and acting as an agency or instrumentality of the United States of America the payment of which is unconditionally
guaranteed as a full faith and credit obligation by the United States of America, which, in either case, are not callable or redeemable at the option of the issuer thereof, and shall also include a depository receipt issued by a bank (as defined in
Section 3(a)(2) of the Securities Act) as custodian with respect to any such U.S. Government Obligation or a specific payment of principal of or interest on any such U.S. Government Obligation held by such custodian for the account of the
holder of such depository receipt, provided that (except as required by law) such custodian is not authorized to make any deduction from the amount payable to the holder of such depository receipt from any amount received by the custodian in respect
of the U.S. Government Obligation or the specific payment of principal of or interest on the U.S. Government Obligation evidenced by such depository receipt. 

United States Alien: 
 The term
“United States Alien” shall mean any Person who, for United States federal income tax purposes, is a foreign corporation, a non-resident alien individual, a
non-resident alien fiduciary of a foreign estate or trust, or a foreign partnership to the extent that one or more of its members is, for United States federal income tax purposes, a foreign corporation, a non-resident alien individual or a non-resident alien fiduciary of a foreign estate or trust. 

  
 7 

 Vice President: 

The term “Vice President” when used with respect to the Company or the Trustee shall mean any vice president, whether or not
designated by a number or word or words added before or after the title “vice president,” including any Executive or Senior Vice President. 

ARTICLE TWO 
 ISSUE, EXECUTION,
REGISTRATION AND EXCHANGE OF SECURITIES 
 SECTION 2.01 Amount Unlimited; Issuable in Series. 

The aggregate principal amount of Securities which may be authenticated and delivered under this Indenture is unlimited. 

The Securities may be issued in one or more series. The Securities of a series may contain the terms and conditions from time to time
authorized by or pursuant to a Board Resolution, or in an indenture supplemental hereto, as set forth in Section 2.03. 

SECTION 2.02 Trustee’s Certificate of Authentication. 

(a) No Security shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose unless there appears on such
Security a certificate of authentication substantially in the form provided for herein executed by the Trustee by manual signature, and such certificate upon any Security shall be conclusive evidence, and the only evidence, that such Security has
been duly authenticated and delivered hereunder. Notwithstanding the foregoing, if any Security shall have been authenticated and delivered hereunder but never issued and sold by the Company, and the Company shall deliver such Security to the
Trustee for cancellation as provided in Section 2.10 together with a written statement stating that such Security has never been issued and sold by the Company, for all purposes of this Indenture such Security shall be
deemed never to have been authenticated and delivered hereunder and shall never be entitled to the benefits of this Indenture. 
 (b) The
Trustee’s certificate of authentication shall be in substantially the following form: 
 [Form of Trustee’s Certificate of
Authentication] 
 This is one of the Securities of the series designated herein and referred to in the within-mentioned Indenture. 

 

	
	 Dated:
                                         
                   

 

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

		 	Authorized Signatory

  
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 SECTION 2.03 Form of Securities Generally; Establishment of Terms of Series. 

(a) The Securities of each series shall be in the form or forms (not inconsistent with this Indenture) established from time to time by or
pursuant to one or more Board Resolutions (and, to the extent established pursuant to rather than set forth in one or more Board Resolutions, an Officer’s Certificate detailing such establishment) or in one or more indentures supplemental
hereto, in each case with appropriate insertions, omissions, substitutions and other variations as are required or permitted by this Indenture, and may have such letters, numbers or other marks of identification or designation (including CUSIP
numbers, ISINs and other similar numbers, if then generally in use) and such legends, endorsements, schedules or notations placed thereon as the Company may deem appropriate and as are not inconsistent with the provisions of this Indenture, or as
may be required to comply with any law or with any rule or regulation made pursuant thereto or with any rule or regulation of any securities exchange on which the Securities may be listed or to conform to general usage, all as may be determined by
the Authorized Officer executing such Securities, as evidenced by their execution of such Securities. 
 In the event that Definitive
Securities are to be issued, either originally or in exchange for interests in a Global Security, the form thereof shall be as set forth in or pursuant to one or more Board Resolutions. The certificates evidencing any Securities shall be printed or
may be produced in any other manner, all as determined by the Authorized Officer executing such Securities, as evidenced by their execution of such Securities. 

(b) At or prior to the initial issuance of the Securities of a series, the particular terms of such Securities shall be established by or
pursuant to one or more Board Resolutions and, subject to Section 2.06, set forth or determined in the manner provided in an Officer’s Certificate or established in an indenture supplemental hereto, including the
following: 
 (1) the title or designation of such Securities (which shall distinguish such Securities from the Securities of
any other series, except to the extent that additional Securities of an existing series are being issued); 
 (2) any limit
upon the aggregate principal amount of such Securities (or of such series) that may be authenticated and delivered under this Indenture (except for Securities authenticated and delivered upon registration of transfer of, or in exchange for, or in
lieu of, other Securities of the series pursuant to this Indenture and except for any Securities which, pursuant to Section 2.02(a), are deemed never to have been authenticated and delivered hereunder); 

(3) whether such Securities are to be issuable as Registered Securities, in bearer form (with or without coupons) registrable
or not registrable as to principal, or in such other form established pursuant hereto, and whether and the circumstances under which any transfer or exchange of such Securities or interests therein may occur if other than as set forth in
Section 2.07; 
 (4) the Person to whom any interest on such Securities shall be payable, if other
than the Person in whose name such Securities (or one or more predecessor Securities) are registered at the close of business on the record date for any such interest; 

(5) the date or dates on which the principal of such Securities is payable; 

(6) the rate or rates, and if applicable the method used to determine the rate, at which such Securities shall bear interest,
if any, the date or dates from which such interest shall accrue, the date or dates on which such interest shall be payable and the record date or dates for the interest payable on such Securities on any interest payment date; 

  
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 (7) the place or places at which the principal of (and premium, if any, on) and
any interest or other amounts payable on such Securities shall be payable, such Securities may be surrendered for registration of transfer, such Securities may be surrendered for exchange and notices and demands to or upon the Company in respect of
such Securities and this Indenture may be served, if other than as provided in Section 4.02, and the manner in which any payment may be made; 

(8) the right, if any, of the Company to redeem such Securities, in whole or in part, at the Company’s option and the
period or periods within which, the price or prices at which and any terms and conditions, including the redemption notice period, upon which such Securities may be so redeemed, pursuant to any sinking fund or otherwise; 

(9) the obligation, if any, of the Company to redeem, purchase or repay such Securities pursuant to any mandatory redemption,
sinking fund or other analogous provisions or at the option of the holder thereof and the period or periods within which, the price or prices at which and any terms and conditions upon which such Securities may be so redeemed, purchased or repaid,
in whole or in part, pursuant to such obligation; 
 (10) if other than denominations of $1,000 and any integral multiple
thereof, the denominations in which such Securities shall be issuable; 
 (11) if other than the principal amount thereof,
the portion of the principal amount of such Securities which shall be payable upon declaration of acceleration of the maturity thereof pursuant to Section 6.02; 

(12) if other than U.S. Dollars, the currency, currencies, composite currency, composite currencies or currency units in which
such Securities shall be denominated or in which payment of the principal of (and premium, if any, on) and any interest or other amounts payable on such Securities shall be made and the manner of determining the equivalent thereof in U.S. Dollars
for any purpose, including for purposes of applying the definition of “Outstanding” in Section 1.01; 

(13) if the amount of payments of principal of (and premium, if any, on) or any interest or other amounts payable on such
Securities may be payable in cash or property and, if payable in property, the type of property in which such payment may be made; 

(14) if such Securities may be converted or exchanged, at the option of the Company or otherwise, into or for other securities
of the Company or for securities of other entities not affiliated with the Company or other property (or the cash value thereof) and the specific terms of and period during which such conversion or exchange may be made; 

(15) if such Securities will be in book-entry only form and/or if such Securities will be issuable, in whole or in part, as one
or more Global Securities and, in such case, the Depositary or Depositaries for such Global Securities, the manner of payment of interest or other amounts payable if other than to the Depositary or Depositaries for such Global Securities, the form
of any legend or legends which shall be borne by any such Global Security, any addition to, elimination of or other change in the circumstances set forth in Section 2.07(d) in which any such Global Security may be exchanged
in whole or in part for Definitive Securities, and whether any transfer of such Global Security in whole or in part may be registered in the name or names of Persons other than the Depositary or a nominee thereof and any other provisions or
procedures governing exchanges or transfers of any such Global Security or any interest therein (including any exchanges or transfers between or among Depositary participants or beneficial owners of interests in any Global Securities); 

  
 10 

 (16) any trustees, depositaries, authenticating or paying agents, transfer agents
and/or registrars, calculation or exchange rate agents or other agents with respect to such Securities; 
 (17) if such
Securities, in whole or any specified part, shall be defeasible pursuant to Sections 14.02 and 14.03, and, if so defeasible, any provisions to permit a pledge of obligations other than U.S. Government Obligations (or the establishment
of other arrangements) to satisfy the requirements of Section 14.04 for defeasance of such Securities; 

(18) if and under what circumstances the Company will pay Additional Amounts in respect of such Securities and whether the
Company has the option to redeem such Securities rather than pay such Additional Amounts and the terms of such redemption; 

(19) any provisions relating to the extension of maturity of, or the renewal of, such Securities; 

(20) any addition to, elimination of or other change in the Events of Default or covenants, or to the definition of
“Covenant Breach” set forth in Section 1.01 or to the definition of “Default” set forth in Section 6.03, in each case with respect to such Securities, including making Events of Default, Covenant
Breaches or covenants inapplicable or changing the remedies available to holders of such Securities upon an Event of Default, a Covenant Breach or a Default; 

(21) the date as of which any such Securities shall be dated if other than the date of authentication of the Global Security or
Global Securities or Definitive Security or Definitive Securities evidencing such Securities or, in the case of such Securities represented by a master Global Security, the date of original issuance of such Securities as endorsed on such master
Global Security or as indicated on the schedule thereto; 
 (22) if such Securities will not be registered under the
Securities Act, the section of, or rule or regulations under, the Securities Act in reliance upon which the Securities will be offered and sold, any legends related thereto to be placed on the face of the certificates evidencing such Securities and
any restrictions, provisions, certification or evidentiary requirements, or procedures governing transfers or exchanges of any such Securities or interests therein; and 

(23) any other terms of such Securities, including any terms that may be required or advisable under the Securities Act and the
rules and regulations thereunder (which terms shall not be inconsistent with the provisions of this Indenture). 
 All Securities of any one
series need not be issued at the same time and may be issued from time to time (including pursuant to a Periodic Offering), consistent with the terms of this Indenture, if so provided by or pursuant to the Board Resolution or Officer’s
Certificate referred to above or as set forth in an indenture supplemental hereto. If so provided by or pursuant to the Board Resolution or Officer’s Certificate or set forth in a supplemental indenture referred to above, the terms of such
Securities to be issued from time to time may be determined by or pursuant to such Board Resolution, Officer’s Certificate or supplemental indenture, as the case may be. All Securities of any one series shall be substantially identical except
as to denomination (in the case of Registered Securities) and except as may otherwise be provided by or pursuant to such Board Resolution, Officer’s Certificate or indenture supplemental hereto; provided, however, that if
additional Securities of a series are not fungible for U.S. federal income tax purposes with existing Securities of a series, such additional Securities will have a separate CUSIP number and ISIN. 

  
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 SECTION 2.04 Global Securities. 

If any Securities of a series, in whole or in part, are issuable as one or more Global Securities, as specified as contemplated by
Section 2.03(b), then, notwithstanding clause (10) of Section 2.03(b) and the provisions of Section 2.05(a), any such Global Security shall represent such of the
Securities Outstanding as shall be specified therein or endorsed or notated by the Trustee or the Security Registrar (if other than the Trustee) thereon or on a schedule thereto, and any such Global Security may provide that it shall represent the
aggregate amount of Securities Outstanding from time to time specified therein or endorsed or notated by the Trustee or the Security Registrar (if other than the Trustee) thereon or on a schedule thereto and that the aggregate amount of Securities
Outstanding represented thereby may from time to time be increased or reduced to reflect any exchanges, transfers, redemptions, repayments or other increases or decreases in the amount of Securities Outstanding represented thereby, which increase or
decrease may be endorsed or notated on such Global Security or on a schedule thereto. Any endorsement or notation on a Global Security or on a schedule to a Global Security to reflect the amount, or any increase or decrease in the amount, of
Securities Outstanding represented thereby shall be made by the Trustee or the Security Registrar (if other than the Trustee) in such manner and upon instructions given by such Person or Persons as shall be specified in such Global Security or in
the Company Order to be delivered to the Trustee pursuant to Section 2.06 or Section 2.08. 

Subject to the provisions of Section 2.06 and, if applicable, Section 2.08, the Trustee or
the Security Registrar (if other than the Trustee) shall deliver and redeliver any Global Security in the manner and upon instructions given by the Person or Persons specified in such Global Security or in the applicable Company Order. If a Company
Order pursuant to Section 2.06 or Section 2.08 has been, or simultaneously is, delivered, any instructions by the Company with respect to an endorsement or notation on a schedule to or delivery or
redelivery of a Global Security shall be in writing but need not be represented by a Company Order and need not be accompanied by an Opinion of Counsel. 

The provisions of the last sentence of Section 2.02(a) shall apply to any Securities issuable as one or more Global
Securities if such Global Security or Securities were never issued and sold by the Company and the Company delivers to the Trustee or the Security Registrar (if other than the Trustee) the Global Security or Securities together with written
instructions (which need not be represented by a Company Order and need not be accompanied by an Opinion of Counsel) with regard to the reduction in the principal amount of Securities represented thereby, together with the written statement
contemplated by the last sentence of Section 2.02(a). 
 SECTION 2.05 Denominations; Record Date; Payment of Interest.

 (a) The Securities of each series shall be issuable in such form and in such denominations as shall be specified as contemplated by
Section 2.03(b). In the absence of any such specified denomination with respect to the Securities of a series, such Securities shall be issuable in denominations of $1,000 and any integral multiple thereof. 

(b) The term “record date” as used with respect to an interest payment date (if any) for any Security shall mean such day or days as
shall be specified in such Security as contemplated by Section 2.03(b); or, if no such day or days are so specified, such term shall mean (1) for any Global Security, the close of business on the business day preceding
such interest payment date or (2) for any Definitive Security, the fifteenth calendar day preceding such interest payment date, whether or not such record date is a business day. 

  
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 Unless otherwise provided as contemplated by Section 2.03(b) with
respect to the Securities of a series, the Person in whose name any Security is registered at the close of business on the record date for such interest payment date shall be entitled to receive the interest, if any, payable on such interest payment
date notwithstanding the cancellation of such Security upon any registration of transfer or exchange thereof subsequent to such record date and prior to such interest payment date; provided, however, that if and to the extent the
Company shall default in the payment of the interest due on such interest payment date, such defaulted interest shall be paid to the Persons in whose names the Securities are registered on a subsequent record date established by notice given to the
extent and in the manner set forth in Section 15.04 by or on behalf of the Company to the holders of such Securities in default not less than 15 calendar days preceding such subsequent record date, such record date to be
not less than five calendar days preceding the date of payment of such defaulted interest, or in any other lawful manner acceptable to the Trustee. 

(c) Unless otherwise specified pursuant to Section 2.03(b), the principal of and any premium, interest or other
amounts payable on the Securities of a series shall be payable at the Corporate Trust Office or any other office or agency maintained pursuant to Section 4.02 in a Place of Payment for such Securities; provided,
however, that, at the option of the Company, payment with respect to such Securities may be made by wire transfer or by check mailed to the holders of the Securities entitled thereto at their last addresses as they appear on the Security
Register, and provided, further, that if such Securities are represented by one or more Global Securities, payment may be made pursuant to the applicable procedures of the Depositary as in effect at such time. 

SECTION 2.06 Execution, Authentication, Delivery and Dating of Securities. 

The Securities shall be signed on behalf of the Company by one of its Authorized Officers and may, but need not be, attested by the Secretary
or any Assistant Secretary of the Company. Such signatures may be the manual or facsimile (including stamped) signatures of the current or any future such officers. Any Security may be signed on behalf of the Company by such persons as, at the
actual date of the execution of such Security, shall be an Authorized Officer or other proper officer of the Company, although at the date of the execution of this Indenture any such person was not such officer. Securities bearing the manual or
facsimile signature of an individual who was, at the actual date of the execution of such Securities, an Authorized Officer or other proper officer of the Company shall bind the Company, notwithstanding that such individual has ceased to hold such
office prior to the authentication and delivery of such Securities or did not hold such office at the date of such Securities. 
 The
Trustee shall at any time, and from time to time, upon receipt by the Trustee of a Company Order, authenticate Securities executed by the Company and delivered to the Trustee for original issue and deliver such Securities to or upon order of the
Company, all as set forth in or pursuant to such Company Order. In authenticating the Securities of a series and accepting the additional responsibilities under this Indenture in relation to such Securities, the Trustee shall have received and
(subject to Sections 7.01 and 7.02) shall be fully protected in relying on: 
 (i) The Board Resolution,
Officer’s Certificate or indenture supplemental hereto establishing the terms and the form of such Securities pursuant to Section 2.03; 

(ii) An Officer’s Certificate delivered in accordance with Section 15.05; and 

(iii) One or more Opinions of Counsel, either addressed to the Trustee or permitting reliance by the Trustee, substantially to
the following effect: 
 (A) the form of the Securities has been established in conformity with the provisions of this
Indenture; 

  
 13 

 (B) either (i) the terms of the Securities have been established in
conformity with the provisions of this Indenture or (ii) in the case of Securities subject to a Periodic Offering, when the terms of such Securities have been established pursuant to the procedures as may be set forth in an Officer’s
Certificate or a Company Order, such terms will have been established in conformity with the provisions of this Indenture; and 

(C) such Securities, when executed and delivered by the Company to the Trustee for authentication in accordance with this
Indenture, authenticated and delivered by the Trustee in accordance with this Indenture, and issued by the Company in the manner and subject to the conditions specified in the Opinion of Counsel, will be valid and legally binding obligations of the
Company enforceable in accordance with their terms. 
 Such Opinion or Opinions of Counsel may be subject to or qualified by the operation or effect of
certain laws and equitable principles and the conditions, limitations and exceptions as set forth in such Opinion or Opinions of Counsel. 

The Trustee shall have the right to decline to authenticate and deliver any Securities under this Section 2.06 if
the Trustee, being advised by its counsel, determines that such action may not lawfully be taken or if the Trustee in good faith by its board of directors, board of trustees or executive committee shall determine that such action would expose the
Trustee to personal liability to existing holders of Securities issued pursuant to this Indenture. 
 With respect to the Securities of a
series offered in a Periodic Offering, the documents required to be delivered to the Trustee pursuant to this Section 2.06 must be delivered only once at or prior to the first request of the Company for authentication and
delivery of the Securities of such series. Such documents delivered to the Trustee pursuant to this Section 2.06 may include appropriate modifications to the information otherwise required to be set forth in such document
to account for the nature of such Periodic Offering, if applicable. Further, with respect to any Company Order relating to Securities of a series subject to a Periodic Offering, (a) such Company Order may be delivered to the Trustee prior to
the delivery to the Trustee of such Securities for authentication and delivery, (b) the Trustee shall authenticate and deliver such Securities for original issue from time to time, in an aggregate principal amount not exceeding the aggregate
principal amount, if any, established for such Securities or such series, pursuant to a Company Order or pursuant to such procedures acceptable to the Trustee as may be specified from time to time by a Company Order, (c) the terms of such
Securities shall be established as contemplated by Section 2.03 pursuant to a Company Order or pursuant to such procedures, and (d) if provided for in such procedures, such Company Order may authorize authentication
and delivery pursuant to oral or electronic instructions from the Company or its duly authorized agent or agents, which oral instructions shall be promptly confirmed in writing. The Trustee may conclusively rely on the documents delivered pursuant
to this Section 2.06 in connection with the first request of the Company to the Trustee to authenticate Securities of a series subject to a Periodic Offering unless and until such documents have been superseded or revoked.
In connection with the authentication and delivery of Securities of a series subject to a Periodic Offering, the Trustee shall be entitled to assume that the Company’s instructions to authenticate and deliver such Securities do not violate any
rules, regulations or orders of any governmental agency or commission having jurisdiction over the Company. 
 Unless otherwise specified as
contemplated by Section 2.03(b), each Security shall be dated the date of its authentication or, in the case of a Security evidenced by a master Global Security, the date of original issue of such Security as endorsed on
such master Global Security or as indicated on the schedule thereto (except as otherwise provided by Board Resolution, Officer’s Certificate or indenture supplemental hereto) 

  
 14 

 SECTION 2.07 Exchange and Registration of Transfer of Securities. 

(a) The Company shall cause to be kept at the Corporate Trust Office of the Trustee, or such other office or agency to be designated in
accordance with Section 4.02, a register (the “Security Register”) in which, subject to such reasonable regulations as it may prescribe, the Company shall provide for the registration of Securities and transfers
of Securities as provided in this Indenture. The Trustee hereby is appointed “Security Registrar” for the purpose of registering Securities and transfers of Securities as provided in this Indenture; provided that the Company may,
pursuant to Section 2.03(b), designate and appoint a different entity, including an affiliate of the Company, to act as “Security Registrar” for purposes of the Securities of a series. The Security Register shall
be in written form or in any other form capable of being converted into written form within a reasonable time. If the Trustee does not act as Security Registrar with respect to the Securities of a series, the Company shall ensure that at all
reasonable times the Security Register for such Securities shall be open for inspection by the Trustee. Upon due presentment for registration of transfer of the Securities of a series at such office or agency maintained pursuant to
Section 4.02 for such purpose in a Place of Payment, the Company shall execute and the Trustee shall authenticate and deliver in the name of the transferee or transferees a new Security or Securities representing such
Securities so presented of any authorized denominations for an equal aggregate principal amount and having like form, tenor and payment and other terms, and the Security Registrar shall register the same on the Security Register. 

(b) At the option of the holder, Definitive Securities may be exchanged for other Definitive Securities having like tenor and payment and other
terms of any authorized denominations and of an equal aggregate principal amount. Definitive Securities to be exchanged shall be surrendered at any such office or agency maintained pursuant to Section 4.02 for such purpose
in a Place of Payment, and the Company shall execute and the Trustee shall authenticate and deliver in exchange therefor the Definitive Security or Securities that the holder making the exchange shall be entitled to receive, and the Security
Registrar shall register the same on the Security Register. 
 (c) All Securities issued upon any registration of transfer or exchange of
Securities shall be the valid obligations of the Company, evidencing the same debt, and entitled to the same benefits under this Indenture, as the Securities surrendered upon such registration of transfer or exchange. 

Each Security presented for registration of transfer or for exchange, redemption or payment, as the case may be, shall (if so required by the
Company or the Trustee) be duly endorsed, or be accompanied by a written instrument or instruments of transfer in form satisfactory to the Company and the Trustee or the Security Registrar (if other than the Trustee) duly executed, by the holder
thereof or his or her attorney duly authorized in writing. 
 No service charge shall be made for the registration of transfer or exchange
of Securities, but the Company may require payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith, other than exchanges pursuant to the terms of this Indenture not involving any
transfer. 
 Neither the Company nor the Security Registrar shall be required (1) to issue, register the transfer of or exchange any
such Securities to be redeemed for a period of 15 calendar days before the delivery of the notice of redemption for such Securities, or (2) to exchange or register the transfer of (i) any Security selected, called or being called for
redemption, except, in the case of any such Securities to be redeemed in part, the portion thereof not to be so redeemed or (ii) any Security as to which the holder has exercised any right to require the Company to repay such Security, except
in the case of any such Securities to be repaid in part, the portion thereof not to be so repaid. 

  
 15 

 (d) Notwithstanding the foregoing, except as otherwise provided for in the Securities of a series
as contemplated by Section 2.03(b), Definitive Securities shall be issued to all holders of interests in a Global Security in exchange for such interests only if (1) the Depositary notifies the Company that it is
unwilling or unable to continue as depositary or ceases to be a clearing agency registered under the Exchange Act or otherwise authorized under applicable law or regulation, and, in either case, a successor depositary is not appointed by the Company
within 90 calendar days after receiving such notice or becoming aware of the foregoing; (b) after the date of original issuance of such Securities of a series, the Depositary and/or relevant clearing system has ceased to operate as such and no
alternative depositary and/or clearing system approved by the applicable holders is available; or (c) the Company, in its sole discretion, elects to issue Definitive Securities. If the holders of beneficial interests in a Global Security are
entitled to exchange such interests for Definitive Securities in the circumstances described in this Section 2.07(d) or as otherwise specified as contemplated by Section 2.03(b), then, without
unnecessary delay but in any event not later than the earliest date on which such interests may be so exchanged, the Company shall deliver to the Trustee or the Security Registrar (if other than the Trustee) Definitive Securities executed by the
Company in aggregate principal amount equal to the principal amount of the holder’s interests in such Global Security. On or after the earliest date on which such interests may be so exchanged, in accordance with instructions given by the
Company to the Trustee or the Depositary, as the case may be (which instructions shall be in writing), such Global Security shall be surrendered from time to time by the Depositary as shall be specified in the Company Order with respect thereto to
the Trustee, as the Company’s agent for such purpose, or to the Security Registrar (if other than the Trustee), to be exchanged, in whole or in part, for Definitive Securities without charge to the holder, and the Trustee shall authenticate and
make available for delivery in accordance with such instructions, in exchange for each portion of such Global Security, a like aggregate principal amount of Definitive Securities of authorized denominations; provided, however, that no such
exchanges may occur for a period of 15 calendar days before the delivery of any notice of redemption or the repayment date for such Securities, if any. Promptly following any such exchange in part, such Global Security should be returned by the
Trustee or the Security Registrar (if other than the Trustee) to the Depositary referred to above in accordance with the instructions of the Company referred to above. If a Definitive Security is issued in exchange for any portion of a Global
Security after the close of business at the office or agency where such exchange occurs on (i) any record date and before the opening of business at such office or agency on the relevant interest payment date, or (ii) any special record
date and before the opening of business at such office or agency on the related proposed date for payment of defaulted interest as provided in Section 2.05, interest or defaulted interest, as the case may be, will not be
payable on such interest payment date or proposed date for payment, as the case may be, in respect of such Security, but will be payable on such interest payment date or proposed date for payment, as the case may be, only to the person to whom
interest in respect of such portion of such Global Security is payable in accordance with the provisions of this Indenture. 
 (e) The
Trustee shall have no obligation or duty to monitor, determine or inquire as to compliance with any restrictions on transfer imposed under this Indenture or under applicable law with respect to any transfer of any interest in any Security (including
any transfers between or among Depositary participants or beneficial owners of interests in any Global Security) other than to require delivery of such certificates and other documentation or evidence as are expressly required by, and to do so if
and when expressly required by the terms of, this Indenture or such Security (to the extent provided for as contemplated by Section 2.03(b) and set forth in such Security in accordance with
Section 2.07(f)), and to examine the same to determine substantial compliance as to form with the express requirements hereof. 

(f) If, as contemplated by Section 2.03(b), any Securities having restrictions on transfer or exchange are issued
hereunder, such Securities and any interests therein may be transferred or exchanged only in accordance with the legend(s) placed on the face of the certificates evidencing such Securities and/or such restrictions, procedures, certification or
evidentiary requirements or other provisions of such Securities established as contemplated by Section 2.03(b), unless eliminated by the Company, and to the extent required by the Securities Act. 

  
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 SECTION 2.08 Temporary Securities. 

Pending the preparation of definitive Securities, the Company may execute and the Trustee shall, upon Company Order, authenticate and make
available for delivery, temporary Securities (typewritten, printed, or otherwise produced). Such temporary Securities, in any authorized denominations, shall be substantially in the form of the definitive Securities in lieu of which they are issued,
in registered form and otherwise in the form and having the terms approved from time to time by or pursuant to a Board Resolution, with such omissions, insertions, substitutions and other variations as may be appropriate for temporary Securities,
all as may be determined by the Company, but not inconsistent with the terms of this Indenture or any provision of applicable law. 
 If
temporary Securities are issued, the Company will cause definitive Securities to be prepared without unreasonable delay. After the preparation of definitive Securities, the temporary Securities shall be exchangeable for definitive Securities in lieu
of which such temporary Securities were initially issued upon surrender of such temporary Securities at the office or agency of the Company maintained pursuant to Section 4.02 in a Place of Payment for such Securities for
the purpose of exchanges, without charge to the holder. Upon surrender for cancellation of any one or more temporary Securities, the Company shall execute and the Trustee shall authenticate and make available for delivery in exchange therefor a like
aggregate principal amount of definitive Securities, of any authorized denominations and of like tenor, payment and other terms and aggregate principal amount. 

Each temporary Security shall be executed by the Company and be authenticated by the Trustee upon the same conditions and in substantially the
same manner, and with like effect, as the definitive Securities. 
 SECTION 2.09 Mutilated, Destroyed, Lost or Stolen Securities. 

If any mutilated Security is surrendered to the Trustee, the Company shall execute and the Trustee shall authenticate and make available for
delivery in exchange therefor a new Security of like tenor, form, and payment and other terms and principal amount and bearing a number not contemporaneously used or in use for any other Security issued hereunder. 

If there shall be delivered to the Company and the Trustee (i) evidence to their satisfaction of the destruction, loss or theft of any
Security and (ii) such security or indemnity as may be required by them to save each of them and any Paying Agent harmless, then, in the absence of notice to the Company or the Trustee that such Security has been acquired by a bona fide
purchaser, the Company shall, subject to the following paragraph, execute and the Trustee shall authenticate and make available for delivery, in lieu of any such destroyed, lost or stolen Security, a new Security of like tenor, form, and payment and
other terms and principal amount and bearing a number not contemporaneously used or in use for any other Security issued hereunder. 
 In
case any such mutilated, destroyed, lost or stolen Security has become or is about to become due and payable, the Company in its discretion may, instead of issuing a new Security, pay such Security. 

Upon the issuance of any new Security under this Section 2.09, the Company may require payment of a sum sufficient
to cover any tax or other governmental charge that may be imposed in relation thereto and any other expenses (including the fees and expenses of the Trustee) connected therewith. 

  
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 Each new Security issued pursuant to this Section 2.09 in lieu of any
destroyed, lost or stolen Security shall constitute an original additional contractual obligation of the Company, whether or not the destroyed, lost or stolen Security shall be at any time enforceable by anyone, and any such new Security shall be
entitled to all the benefits of this Indenture equally and proportionately with any and all other such Securities duly issued hereunder. 

The provisions of this Section 2.09 are exclusive and shall preclude (to the extent lawful) all other rights and
remedies with respect to the replacement or payment of mutilated, destroyed, lost or stolen Securities. 
 SECTION 2.10 Cancellation. 

All Securities surrendered for payment, redemption, exchange or registration of transfer or for credit against any sinking fund payment, as the
case may be, shall, if surrendered to any Person other than the Trustee, be delivered to the Trustee and shall be promptly cancelled by it. The Company may at any time deliver to the Trustee for cancellation any Securities previously authenticated
and delivered hereunder which the Company may have acquired in any manner whatsoever, and may deliver to the Trustee (or to any other Person for delivery to the Trustee) for cancellation any Securities previously authenticated hereunder which the
Company has not issued and sold, and all Securities so delivered shall be promptly cancelled by the Trustee. No Securities shall be authenticated in lieu of or in exchange for any Securities cancelled as provided in this
Section 2.10 except as expressly provided by this Indenture. Any cancelled Securities held by the Trustee shall be disposed of in accordance with its customary procedures for the disposition of cancelled securities, and the
Trustee shall deliver a certificate of such disposal to the Company upon written request therefor. 
 SECTION 2.11 Book-Entry Only System. 

If specified by the Company pursuant to Section 2.03(b) with respect to Securities represented by a Global Security,
any Securities may be issued initially in book-entry only form and, if issued in such form, shall be represented by one or more Global Securities registered in the name of the Depositary, or its nominee, designated with respect thereto. So long as
such system of registration is in effect, (a) such Securities so issued in book-entry only form will not be issuable in the form of or exchangeable for Definitive Securities except as provided in Section 2.07(d)
(including, for the avoidance of doubt, as may be otherwise provided as contemplated by Section 2.03(b)), (b) the records of the Depositary will be determinative for all purposes and (c) neither the Company, the
Trustee nor any Paying Agent, Security Registrar or transfer agent for such Securities will have any responsibility or liability for (i) any aspect of the records relating to or payments made on account of owners of beneficial interests in such
Securities, (ii) maintaining, supervising or reviewing any records relating to such beneficial interests, (iii) receipt of notices, voting and requesting or directing the Trustee to take, or not to take, or consenting to, certain actions
hereunder, or (iv) the records and procedures of the Depositary. 
 SECTION 2.12 Security Identification Numbers. 

The Company in issuing the Securities may use CUSIP numbers, ISINs and other similar numbers (if then generally in use), and, if so, the
Trustee shall use CUSIP numbers, ISINs and other similar numbers in notices of redemption as a convenience to holders; provided that any such notice may state that no representation is made as to the correctness of such numbers either as
printed on the Securities or as contained in any notice of a redemption and that reliance may be placed only on the other identification numbers printed on the Securities, and any such redemption shall not be affected by any defect in or omission of
such numbers. The Company will promptly notify the Trustee of any changes in the CUSIP numbers, ISINs and other similar numbers. 

  
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 ARTICLE THREE 

REDEMPTION OF SECURITIES; REPAYMENT AT THE OPTION OF HOLDERS 

SECTION 3.01 Redemption of Securities; Applicability of Section. 

Redemption of the Securities of a series as permitted or required by the terms thereof shall be made in accordance with the terms of such
Securities as specified pursuant to Section 2.03(b) hereof and the applicable provisions of this Article Three; provided, however, that if any provision of any such Securities shall conflict with any
provision of this Article Three, the provision of such Securities shall govern. In case the Company shall desire to exercise the right to redeem all or, as the case may be, any part of the Securities of a series pursuant to this
Section 3.01, it shall fix a date for redemption in accordance with this Indenture and the terms of such Securities and notify the Trustee of the same at least two business days before the date on which notice of such
redemption is to be given, unless a shorter period is satisfactory to the Trustee. 
 For purposes of this Article Three, the phrase
“Securities of a series” and any similar terms shall mean Securities having identical terms, except as to issue date, principal amount and, if applicable, the date from which interest begins to accrue, transfer restrictions and
registration rights. 
 SECTION 3.02 Notice of Redemption; Selection of Securities. 

Notice of redemption of Securities of a series to be redeemed at the election of the Company shall be given by the Company, or, at the
Company’s request, by the Trustee in the name and at the expense of the Company, to the holders of such Securities in the manner and to the extent set forth in Section 15.04. The Company or the Trustee, as the case may
be, shall give such notice of redemption at least 10 business days and not more than 60 calendar days prior to the date fixed for redemption (or within such period as is otherwise specified for such Securities as contemplated by
Section 2.03(b)) to the holders of such Securities to be redeemed, as a whole or in part. Notice given in such manner shall be conclusively presumed to have been duly given, whether or not the holder receives such notice.
In any case, failure to give such notice or any defect in the notice to the holder of any such Security of a series designated for redemption as a whole or in part shall not affect the validity of the proceedings for the redemption of any other
Security of a series. If the Company requests the Trustee to give any notice of redemption, it shall make such request at least two business days prior to the designated date for delivering such notice, unless a shorter period is satisfactory to the
Trustee. 
 Unless otherwise specified as contemplated by Section 2.03(b), each such notice of redemption shall
identify the Securities to be redeemed (including applicable CUSIP numbers, ISINs or other similar numbers, if applicable) and also shall specify (a) the date fixed for redemption, (b) the redemption price (or, if not then ascertainable,
the manner of calculation thereof) at which such Securities are to be redeemed, (c) if less than all the Outstanding Securities of a series are to be redeemed, the principal amounts (and, in the case of Definitive Securities, the certificate
numbers) of such Securities to be redeemed, (d) the Place of Payment where such Securities are to be surrendered for payment of the redemption price and that payment will be made upon presentation and surrender of such Securities, and
(e) that interest (if any) accrued to the date fixed for redemption will be paid as specified in such notice, and that, upon the satisfaction of any conditions to such redemption set forth in the notice of redemption and unless the Company
defaults in making such redemption payment, on and after the date fixed for redemption, interest (if any) thereon or on the portions of such Securities of the series to be redeemed will cease to accrue. In addition, if such redemption is subject to
the satisfaction of one or more conditions precedent, such notice of redemption shall describe each such condition and, if applicable, shall state that, in the Company’s discretion, the redemption date may be delayed until such time as any or
all such conditions shall be satisfied, or such redemption may not occur and such notice of redemption may be rescinded in the event 

  
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that any or all such conditions shall not have been satisfied by the redemption date stated in such notice, or by the redemption date as so delayed. With respect to a redemption of Securities of
a series that is subject to the satisfaction of one or more conditions precedent, the Company shall notify the Trustee promptly of the satisfaction of such conditions precedent. 

In case any Securities of a series are to be redeemed in part, on and after the date fixed for redemption, upon surrender of such Securities,
such Securities will be cancelled and a new Security or Securities of such series in principal amount equal to the unredeemed portion thereof will be issued and delivered without charge to the holder, or, if applicable, the decrease in the amount of
Securities Outstanding represented by a Global Security will be endorsed or notated thereon or on a schedule thereto by the Trustee or the Security Registrar (if other than the Trustee) in accordance with Section 2.04. 

On or before 10:00 a.m. (local time at the Place of Payment), or such other time as may be specified as contemplated by
Section 2.03(b), on the redemption date specified in the notice of redemption given as provided in this Section 3.02, or such other date and time as may be agreed by the Trustee, any relevant
Paying Agent and the Company, the Company will deposit in trust with the Trustee or with one or more Paying Agents an amount of money sufficient to redeem on the redemption date all or any portion of the Securities of a series so called for
redemption at the appropriate redemption price, together with accrued interest, if any, to the date fixed for redemption. 
 If less than
all the Securities of a series are to be redeemed, the Company will give the Trustee adequate written notice at least two business days in advance of the date on which notice of such redemption is to be given (unless a shorter notice shall be
satisfactory to the Trustee) as to the aggregate principal amount of the Securities of such series to be redeemed. 
 If less than all the
Securities of a series are to be redeemed, the Securities to be redeemed shall be selected (a) with respect to Securities of a series issued in book-entry only form and evidenced by one or more Global Securities, in accordance with the
applicable procedures of the Depository, or (b) with respect to Securities of a series evidenced by Definitive Securities, in such manner as may be agreed by the Company and the Trustee not more than 60 calendar days prior to the date of
redemption. The portion of the principal amount of Securities of a series so selected for partial redemption and the unredeemed portion of the principal amount of such Securities shall be equal to the minimum authorized denomination for such
Securities or any integral multiple thereof. 
 SECTION 3.03 Payment of Securities Called for Redemption. 

If notice of redemption has been given as above provided, the Securities of a series or portions of Securities of a series with respect to
which such notice has been given shall, subject to the satisfaction of any conditions to the redemption as specified in the notice of redemption, become due and payable on the date and at the place stated in such notice at the applicable redemption
price, together with any interest accrued to the date fixed for redemption, and on and after such date fixed for redemption (unless the Company shall default in the payment of such Securities at the redemption price, together with any interest
accrued to such date fixed for redemption) interest, if any, on such Securities or portions of Securities so called for redemption shall cease to accrue and, except as provided in Sections 6.06 and 12.02, such Securities shall cease
from and after the date fixed for redemption to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Securities except the right to receive the redemption price thereof and
unpaid interest, if any, to the date fixed for redemption. 
 On presentation and surrender of such Securities subject to redemption at the
Place of Payment and in the manner specified in such notice, such Securities or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption price, together with any interest accrued thereon

  
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to the date fixed for redemption; provided that, unless otherwise specified as contemplated by Section 2.03(b), any payment of interest becoming due on or prior
to the date fixed for redemption shall be payable to the holders of such Securities registered as such at the close of business on the relevant record date, subject to the terms and provisions of Section 2.05. At the option
of the Company, payment may be made by wire transfer or by check mailed to the holders of the Securities entitled thereto at their last addresses as they appear on the Security Register, provided that, with respect to any Securities of a
series represented by one or more Global Securities, payment may be made pursuant to the applicable procedures of the Depositary as in effect on such date fixed for redemption. 

Any Security that is to be redeemed only in part shall be surrendered at a Place of Payment therefor (with, if the Company or the Trustee so
requires, due endorsement by, or a written instrument of transfer in form satisfactory to the Company and the Trustee duly executed by, the holder thereof or such holder’s attorney duly authorized in writing), and upon such presentation, the
Company shall execute and the Trustee shall authenticate and make available for delivery to the holder thereof, at the expense of the Company, a new Security or Securities of the same series, of authorized denominations, in aggregate principal
amount equal to the unredeemed portion of the principal of the Security so presented, or the Security so presented that continues to represent the unredeemed portion of principal may be returned, if feasible, by the Trustee or the Security Registrar
(if other than the Trustee) to the Depositary as may be referred to in any instructions from the Company regarding the return of such Security. 

Notwithstanding the foregoing, on each occasion on which Securities of a series represented by a Global Security are redeemed in part pursuant
to this Article Three, the resulting decrease in the amount of such Securities Outstanding represented thereby will be endorsed or notated thereon or on a schedule thereto by the Trustee or the Security Registrar (if other than the Trustee)
in accordance with Section 2.04. 
 SECTION 3.04 Repayment at the Option of Holders. 

The provisions of this Section 3.04 shall be applicable to Securities of a series that are subject to repayment at
the option of the holders thereof before their maturity, except as otherwise specified as contemplated by Section 2.03(b) for the Securities of such series. The terms of the Securities of such series may require a holder to
request a minimum amount or number of Securities to be repaid on any date fixed for repayment. 
 Notice and confirmation of a required
repayment by the Company of Securities of a series to be repaid as a whole or in part at the option of the holders shall be given by each holder in the manner and at the time specified in the terms of such Securities pursuant to
Section 2.03(b). The notice of repayment from each such holder shall specify the principal amount or number of each Security of such series held by such holder to be repaid and that arrangements will be made for the
presentation and surrender of such Securities and that on and after said date, interest, if any, thereon or on the portions thereof to be repaid will cease to accrue. 

On or before the repayment date specified in the terms of the Securities as provided for in this Section 3.04, the
Company will deposit with the Trustee or with one or more Paying Agents (or, if the Company is acting as its own Paying Agent, set aside, segregate and hold in trust as provided in Section 4.03) an amount of money
sufficient to repay on the repayment date all the Securities of such series submitted for repayment at the appropriate repayment price, together with accrued interest, if any, to the date fixed for repayment. 

If notice of election for repayment has been given by each holder as provided in this Section, the Securities of the series or portions of
Securities of the series specified in such notice shall become due and payable on the date and at the place set forth in the terms of such Securities at the applicable repayment 

  
 21 

 
price, together with interest accrued, if any, to the date fixed for repayment, and on and after such date (unless the Company shall default in the payment of such Securities at the repayment
price, together with interest accrued to such date, if any) interest on the Securities or portions of Securities so subject to repayment shall cease to accrue, and, except as provided in Sections 6.06 and 12.02, such Securities shall,
from and after the date fixed for repayment, cease to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Securities except the right to receive the repayment price thereof and
unpaid interest, if any, to the date fixed for repayment. On presentation and surrender of such Securities at a Place of Payment specified in the terms of such Securities, those Securities or the specified portions thereof shall be paid and
purchased by the Company at the applicable repayment price, together with interest accrued thereon, if any, to the date fixed for repayment; provided that any payment of interest becoming due on or prior to the date fixed for repayment shall
be to the holders of such Securities registered as such on the relevant record date subject to the terms and provisions of Section 2.05 hereof. 

ARTICLE FOUR 
 PARTICULAR
COVENANTS OF THE COMPANY 
 SECTION 4.01 Payment of Principal, Premium and Interest. 

The Company will duly and punctually pay or cause to be paid the principal of (and premium, if any, on) and any interest and other amounts
payable (including any Additional Amounts, if provided for as contemplated by Section 2.03(b) for Securities of a series) on the Securities of a series at the place, at the respective times and in the manner provided in the
terms of such Securities and this Indenture. 
 SECTION 4.02 Offices for Notices and Payments, etc. 

As long as any of the Securities of a series remain Outstanding, the Company will maintain in each Place of Payment for such Securities an
office or agency where such Securities may be presented or surrendered for payment, where such Securities may be surrendered for registration of transfer or exchange and where notices and demands to or upon the Company in respect of such Securities
and this Indenture may be served. 
 The Company will give to the Trustee notice of the location of each such office or agency and of any
change in the location thereof. In case the Company shall fail to maintain any such office or agency as required, or shall fail to give such notice of the location or of any change in the location thereof, presentations and surrenders of any
Securities may be made and notices and demands may be served at the Corporate Trust Office of the Trustee, and the Company hereby appoints the same as its agent to receive such respective presentations, surrenders, notices and demands. 

The Company also from time to time may designate one or more other offices or agencies where the Securities of a series may be presented or
surrendered for any or all such purposes and may from time to time rescind such designations; provided, however, that no such designation or rescission shall in any manner relieve the Company of its obligation to maintain an office or agency
in accordance with the requirements set forth above for any Securities for such purposes. The Company will give prompt written notice to the Trustee and the holders of any such designation or rescission and of any change in the location of any such
other office or agency. 
 With respect to any Global Security, and except as otherwise may be specified for such Global Security as
contemplated by Section 2.03(b), the Corporate Trust Office of the Trustee shall be the Place of Payment where such Global Security may be presented or surrendered for payment or for registration of

  
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transfer or exchange, or where successor Securities may be delivered in exchange therefor, provided, however, that any such payment, presentation, surrender or delivery effected
pursuant to the applicable procedures of the Depositary for such Global Security shall be deemed to have been effected at the Place of Payment for such Global Security in accordance with the provisions of this Indenture. 

SECTION 4.03 Provisions as to Paying Agent. 

(a) Whenever the Company shall appoint a Paying Agent other than the Trustee with respect to the Securities of a series, it will cause such
Paying Agent to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 4.03: 

(i) that it will hold sums held by it as such Paying Agent for the payment of the principal of (and premium, if any, on) or any interest or
other amounts payable on such Securities (whether such sums have been paid to it by the Company or by any other obligor on such Securities) in trust for the benefit of the Persons entitled thereto until such sums shall be paid to such Persons or
otherwise disposed of as herein provided and will notify the Trustee of the receipt of sums to be so held; 
 (ii) that it will give the
Trustee notice of any failure by the Company (or by any other obligor on such Securities) to make any payment of the principal of (or premium, if any, on) or any interest or other amounts payable on such Securities when the same shall be due and
payable; and 
 (iii) that at any time when any such failure has occurred and is continuing, it will, upon the written request of the
Trustee, forthwith pay to the Trustee all sums so held in trust by such Paying Agent. 
 (b) If the Company shall act as its own Paying Agent
with respect to the Securities of one or more series, it will, on or before each due date of the principal of (and premium, if any, on) or any interest or other amounts payable on such Securities, set aside, segregate and hold in trust for the
benefit of the Persons entitled thereto a sum sufficient to pay such principal (and premium, if any, on) or any interest or other amounts so becoming due until such sums shall be paid to such persons or otherwise disposed of as herein provided. The
Company will notify the Trustee promptly of any failure to take such action. 
 (c) Whenever the Company shall have one or more Paying Agents
with respect to any Securities, it will, on or prior to each due date of the principal of (and premium, if any, on) or any interest or other amounts payable on such Securities, deposit with a Paying Agent a sum sufficient to pay the principal (and
premium, if any, on) or any interest or other amounts so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal, premium, interest or other amounts payable, and (unless such Paying Agent is the Trustee)
the Company will notify the Trustee promptly of its action or failure so to act. 
 (d) Anything in this
Section 4.03 to the contrary notwithstanding, the Company may, at any time, for the purpose of obtaining the satisfaction and discharge of this Indenture with respect to one or more or all Securities hereunder, or for any
other reason, pay or cause to be paid to the Trustee all sums held in trust for such Securities by it or any Paying Agent hereunder as required by this Section 4.03, such sums to be held by the Trustee upon the trusts
herein contained, and upon such payment by any Paying Agent to the Trustee, such Paying Agent shall be released from all further liability with respect to such money. 

  
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 (e) Anything in this Section 4.03 to the contrary notwithstanding, the
agreement to hold sums in trust as provided in this Section 4.03 is subject to the provisions of Sections 12.03 and 15.14. 

SECTION 4.04 Statement as to Compliance. 

The Company will deliver to the Trustee, within 120 days after the end of each fiscal year of the Company, commencing on April 30, 2019, a
written statement signed by the Treasurer of the Company or an Authorized Officer of the Company or any Senior Vice President, Managing Director or other appropriate officer serving under the Treasurer of the Company and by the principal executive
officer, principal financial officer or principal accounting officer of the Company stating, as to each signer thereof, that: 
 (a) a review
of the activities of the Company during such year and of performance under this Indenture has been made under his or her supervision, and 

(b) to the best of his or her knowledge, based on such review, the Company has fulfilled all its obligations under this Indenture throughout
such year, or, if there has been a default in the fulfillment of any such obligation, specifying each such default known to him or her and the nature and status thereof. 

SECTION 4.05 Waiver of Covenants. 

The Company may omit in any particular instance to comply with any covenant or condition set forth in this Indenture if, before or after the
time for such compliance, the holders of a majority in aggregate principal amount of all Outstanding Securities affected thereby, considered together as one class for this purpose, shall either waive such compliance in such instance or generally
waive compliance with such covenant or condition, but no such waiver shall extend to or affect such covenant or condition except to the extent so expressly waived, and, until such waiver shall become effective, the obligations of the Company and the
duties of the Trustee in respect of any such covenant or condition shall remain in full force and effect. 
 SECTION 4.06 Notice of
Default from the Company. 
 The Company shall file with the Trustee written notice of the occurrence of any Event of Default,
Covenant Breach or Default within five business days of its becoming aware of any such Event of Default, Covenant Breach or Default. 
 SECTION 4.07
Determination of Additional Amounts. 
 If the Securities of a series provide for the payment of Additional Amounts, the
Company will pay or cause to be paid to the holders of such Securities Additional Amounts as provided therein. Whenever in this Indenture there is mentioned, in any context, the payment of the principal of or any premium or interest on, or in
respect of, the Securities of a series, such mention shall be deemed to include mention of the payment of Additional Amounts provided for in this Section 4.07 to the extent that, in such context, Additional Amounts are,
were or would be payable in respect thereof pursuant to the provisions of this Section 4.07 and the provisions of such Securities and express mention of the payment of Additional Amounts (if applicable) in any provisions
hereof shall not be construed as excluding Additional Amounts in those provisions hereof where such express mention is not made. 

  
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 SECTION 4.08 Tax Matters. 

The Trustee or relevant Paying Agent shall be entitled to make all payments on any Securities net of any tax required to be withheld by
applicable law. 
 Each of the Company and the Trustee shall cooperate in providing the other party with such information that is reasonably
requested in connection with each party’s compliance with applicable law. 
 ARTICLE FIVE 

SECURITYHOLDER LISTS AND REPORTS BY THE COMPANY AND THE TRUSTEE 

SECTION 5.01 Securityholder Lists. 

The Company will furnish or cause to be furnished to the Trustee (1) semiannually, not later than January 15 and July 15 in each
year, when any Securities of a series are Outstanding, a list, in such form as the Trustee may reasonably require, of the names and addresses of the holders of such Securities as of such date, and (2) at such other times as the Trustee may
request in writing, within 30 calendar days after receipt by the Company of any such request, a list, in such form as the Trustee may reasonably require, of the names and addresses of the holders of any particular Securities or Securities of a
particular series specified by the Trustee, in each case as of a date not more than 15 calendar days prior to the time such information is furnished; provided, however, that if and so long as the Trustee shall be the Security Registrar
with respect to any such Securities, such list shall not be required to be furnished with respect to such Securities. 
 SECTION 5.02 Preservation
and Disclosure of Lists; Communications Among Holders. 
 (a) The Trustee shall preserve, in as current a form as is reasonably
practicable, all information as to the names and addresses of the holders of Outstanding Securities contained in the most recent list furnished to it as provided in Section 5.01 or received by the Trustee in its capacity as
Security Registrar. The Trustee may destroy any list furnished to it as provided in Section 5.01 upon receipt of a new list so furnished. 

(b) The rights of holders to communicate with other holders with respect to their rights under this Indenture or under any Securities, and the
corresponding rights and privileges of the Trustee, shall be as provided in the Trust Indenture Act. 
 (c) Each and every holder of
Securities, by receiving and holding the same, agrees with the Company and the Trustee that neither the Company nor the Trustee nor any agent of the Company or of the Trustee shall be deemed to be in violation of any law or shall be held accountable
by reason of the disclosure of any such information as to the names and addresses of the holders of Securities in accordance with the provisions of the Trust Indenture Act, regardless of the source from which such information was derived, and that
the Trustee shall not be held accountable by reason of mailing any material pursuant to a request made under the Trust Indenture Act. 
 SECTION 5.03
Reports by the Company. 
 So long as any Securities are Outstanding hereunder, the Company shall file with the Trustee and the
Commission and transmit to the holders such information, documents and other reports, and such summaries thereof, as may be required by the Trust Indenture Act at the times and in the manner provided pursuant thereto; provided that any such
information, documents or reports filed electronically with the Commission pursuant to Section 13 or 15(d) of the Exchange Act shall be deemed filed with, and delivered 

  
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to, the Trustee and transmitted to the holders at the same time as filed with the Commission. Delivery of such reports, information and documents to the Trustee and transmission thereof to the
holders is for informational purposes only and shall not constitute a representation or warranty as to the accuracy or completeness of the reports, information or documents. The Trustee’s receipt of such reports, information or documents shall
not constitute actual or constructive notice of any information contained therein or determinable from information contained therein, including the Company’s compliance with any of its covenants hereunder (as to which the Trustee is entitled to
conclusively rely exclusively on an Officer’s Certificate). 
 SECTION 5.04 Reports by the Trustee. 

(a) The Trustee shall transmit to holders of any Outstanding Securities such reports concerning the Trustee and its actions under this
Indenture as may be required pursuant to the Trust Indenture Act at the times and in the manner provided pursuant thereto. If required by Section 313(a) of the Trust Indenture Act, the Trustee shall, on or about July 15, 2019 and on or
before 60 calendar days after May 15 of each year thereafter, so long as any Securities are Outstanding hereunder, deliver to the holders a brief report covering the preceding 12-month period that
complies with the provisions of Section 313(a) of the Trust Indenture Act. 
 (b) A copy of each such report shall, at the time of such
transmission to holders of Securities, be filed by the Trustee with any securities exchange upon which the Securities are listed and also with the Commission and the Company. The Company agrees to promptly notify the Trustee when and as any
Securities become listed on any securities exchange and any delisting thereof. 
 ARTICLE SIX 

REMEDIES 
 SECTION 6.01 Events of
Default. 
 Except as may otherwise be provided with respect to the Securities of a series as contemplated by
Section 2.03(b), “Event of Default,” wherever used herein with respect to the Securities of a series, means any one of the following events (whatever the reason for such Event of Default and whether it be
voluntary or involuntary or be effected by operation of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body): 

(a) the entry of a decree or order by a court having jurisdiction in the premises for relief in respect of the Company under the Federal
bankruptcy laws, as now constituted or as hereafter amended, and the continuance of any such decree or order unstayed and in effect for a period of 60 consecutive days; 

(b) the filing by the Company of a petition or answer or consent seeking relief under the Federal bankruptcy laws, as now constituted or
hereafter amended, or the consent by it to the institution of proceedings thereunder or to the filing of any such petition; or 
 (c) any
other Event of Default provided with respect to such Securities, as contemplated by Section 2.03(b). 

  
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 SECTION 6.02 Acceleration of Maturity, Rescission and Annulment. 

Unless otherwise provided with respect to the Securities of a series as contemplated by Section 2.03(b), if an Event
of Default specified in Section 6.01(a) or (b) occurs and is continuing, then and in each and every such case, unless the principal of all Securities then Outstanding hereunder shall have already become due and
payable, either the Trustee or the holders of not less than 25 percent in aggregate principal amount of all Securities then Outstanding hereunder, treated as a single class, may declare the principal of all Securities (or, with respect to
Original Issue Discount Securities, such portion of the principal amount of such Securities as may be specified in the terms thereof) to be due and payable immediately, by a notice in writing to the Company (and to the Trustee if given by the
securityholders), and upon any such declaration such principal (or specified amount) shall become immediately due and payable, anything contained in this Indenture or the Securities to the contrary notwithstanding. 

Unless otherwise specified as contemplated by Section 2.03(b) with respect to the Securities of a series, at any
time after such a declaration of acceleration of the principal has been made as described in the immediately preceding paragraph and before any judgment or decree for payment of the money due has been obtained by the Trustee or entered as
hereinafter provided, the holders of a majority in aggregate principal amount of all Securities then Outstanding hereunder, treated as a single class, by written notice to the Company and the Trustee, may rescind and annul such declaration and its
consequences if 
 (a) the Company has paid or deposited with the Trustee a sum sufficient to pay: 

(i) all overdue installments of interest or other amounts payable on all Securities then Outstanding hereunder, 

(ii) the principal of (and premium, if any, on) (or, with respect to Original Issue Discount Securities, such portion of the principal amount
of such Securities as may be specified in the terms thereof) any Securities which have become due otherwise than by such declaration of acceleration and interest thereon at the rate borne by such Securities, 

(iii) to the extent that payment of such interest is enforceable under applicable law, interest upon overdue installments of interest at the
rate borne by such Securities (or, with respect to Original Issue Discount Securities, at the rate specified in the terms of such Securities for interest on overdue principal thereof upon maturity, redemption or acceleration of such Securities, as
the case may be), to the date of such payment or deposit, and 
 (iv) such amount as shall be sufficient to cover reasonable compensation to
the Trustee, its agents, attorneys and counsel, and all other expenses and liabilities incurred, and all advances made, by the Trustee except as a result of its negligence or bad faith, and 

(b) all Events of Default, Covenant Breaches or Defaults (other than the nonpayment of the principal of the Securities which shall have become
due by acceleration) have been cured or waived as provided in Section 6.13. 
 No such rescission and annulment
shall extend to or affect any subsequent Default or impair any right consequent thereon. 
 SECTION 6.03 Collection of Indebtedness and Suits for
Enforcement by Trustee. 
 The Company covenants that if: 

(a) default is made in the payment of any installment of interest on any Securities when such interest becomes due and payable and such default
continues for a period of 30 calendar days, or 

  
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 (b) default is made in the payment of the principal of or premium, if any, on any Securities at
the maturity thereof, including any maturity occurring by reason of a call for redemption or otherwise, 
 the Company will, upon demand of the Trustee, pay
to the Trustee, for the benefit of the holders of such Securities, the whole amount that shall have become due and payable on such Securities for principal or premium, if any, and interest and other amounts payable, with interest upon the overdue
principal and, to the extent that payment of such interest shall be enforceable under applicable law, upon overdue installments of interest, at the rate borne by such Securities; and, in addition thereto, such further amount as shall be sufficient
to cover the costs and expenses of collection, including the reasonable compensation, expenses, disbursements and advances of the Trustee, its agents and counsel. 

If a default as specified in (a) or (b) above (a “Default”) or an Event of Default or a Covenant Breach occurs and is
continuing, the Trustee may in its discretion proceed to protect and enforce its rights and the rights of the securityholders by such appropriate judicial proceedings as the Trustee shall deem most effectual to protect and enforce any such rights,
whether for the specific enforcement of any covenant or agreement in this Indenture or in aid of the exercise of any power granted herein, or to enforce any other proper remedy. 

Notwithstanding any provision in this Section 6.03 to the contrary, neither the Trustee nor the securityholders
shall have the right to accelerate payment of any Securities of a series or otherwise to declare such Securities immediately due and payable, except as set forth in Section 6.02 above or as otherwise provided with respect
to the Securities of a series as contemplated by Section 2.03(b). 
 SECTION 6.04 Trustee May File Proofs of Claim.

 In the case of the pendency of a receivership, insolvency, liquidation, bankruptcy, reorganization, arrangement, adjustment, composition
or other judicial proceeding relative to the Company or any other obligor upon the Securities or the property of the Company or such other obligor or their creditors, the Trustee (irrespective of whether the principal of the Securities shall then be
due and payable as therein expressed or by declaration or otherwise and irrespective of whether the Trustee shall have made any demand on the Company for the payment of overdue principal or interest) shall be entitled and empowered, by intervention
in such proceeding or otherwise: 
 (a) to file and prove a claim for the whole amount of principal, premium, if any and any interest or
other amounts payable owing and unpaid in respect of the Securities and to file such other papers or documents as may be necessary or advisable in order to have the claims of the Trustee (including any claim for the reasonable compensation,
expenses, disbursements and advances of the Trustee, its agents and counsel) and of the holders of Securities allowed in such judicial proceeding; and 

(b) to collect and receive any money or other property payable or deliverable on any such claims and to distribute the same; 

and any receiver, assignee, trustee, liquidator or sequestrator (or other similar official) in any such judicial proceeding is hereby authorized by each
holder of Securities to make such payments to the Trustee, and in the event that the Trustee shall consent to the making of such payments directly to the holders of Securities, to pay to the Trustee any amount due to it for the reasonable
compensation, expenses, disbursements and advances of the Trustee, its agents and counsel, and any other amounts due the Trustee under Section 7.06. To the extent that such payment of reasonable compensation, expenses,
disbursements, advances and other amounts out of the estate in any such proceedings shall be denied for any reason, payment of the same shall be secured by a lien on, and shall be paid out of, any and all distributions, dividends, moneys, securities
and other property which the holders of the Securities may be entitled to receive in such proceedings, whether in liquidation or under any plan or reorganization or arrangements or otherwise. 

  
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 Nothing contained in this Indenture shall be deemed to authorize the Trustee to authorize or
consent to or accept or adopt on behalf of any holder of Securities any plan of reorganization, arrangement, adjustment or composition affecting the Securities or the rights of any holder thereof, or to authorize the Trustee to vote in respect of
the claim of any holder of Securities in any such proceeding. 
 SECTION 6.05 Trustee May Enforce Claims Without Possession of Securities. 

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

SECTION 6.06 Application of Money Collected. 

Any money collected by the Trustee pursuant to this Article Six shall be applied in the following order, at the date or dates fixed by
the Trustee and, in case of the distribution of such money on account of principal, premium, if any, or any interest or other amounts payable, upon presentation of the Securities and the notation thereon of the payment if only partially paid and
upon surrender thereof if fully paid: 
 FIRST: To the payment of all amounts due the Trustee under
Section 7.06; 
 SECOND: Subject to Article Sixteen, to the payment of the amounts then due
and unpaid upon the Securities for principal of and premium, if any, on and any interest or other amounts payable on the Securities, in respect of which or for the benefit of which such money has been collected, ratably, without preference or
priority of any kind, according to the amounts due and payable on such Securities, for principal and premium, if any, and any interest or other amounts payable, respectively; and 

THIRD: To the Company or its successors or assigns, or to whomsoever may be lawfully entitled to receive the same. 

SECTION 6.07 Limitation on Suits. 

No holder of the Securities of a series shall have any right to institute any proceeding, judicial or otherwise, with respect to this
Indenture, or for the appointment of a receiver or trustee, or for any other remedy hereunder, unless: 
 (a) such holder has previously
given written notice to the Trustee of a continuing Event of Default, Covenant Breach or Default with respect to such Securities; 
 (b) the
holders of not less than 25% in aggregate principal amount of such Securities then Outstanding shall have made written request to the Trustee to institute proceedings in respect of such Event of Default, Covenant Breach or Default in its own name as
Trustee hereunder; 
 (c) such holder or holders have offered to the Trustee indemnity reasonably satisfactory to the Trustee against the
costs, expenses and liabilities to be incurred in compliance with such request; 

  
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 (d) the Trustee for 60 days after its receipt of such notice, request and offer of indemnity has
failed to institute any such proceedings; and 
 (e) no direction inconsistent with such written request has been given to the Trustee during
such 60 day period by the holders of a majority in aggregate principal amount of such Securities then Outstanding; 
 it being understood and intended that
no one or more holders of Securities shall have any right in any manner whatever by virtue of, or by availing of, any provision of this Indenture to affect, disturb or prejudice the rights of any other such holders of Securities or to obtain or to
seek to obtain priority or preference over any other such holders or to enforce any right under this Indenture, except in the manner herein provided and for the equal and ratable benefit of all such holders of Securities. 

SECTION 6.08 Unconditional Right of Securityholders to Receive Principal, Premium and Interest. 

Notwithstanding any other provision in this Indenture, but subject to the provisions of Article Sixteen, the holder of any Security
shall have the right, which is absolute and unconditional, to receive payment of the principal of and premium, if any, on and (subject to Sections 2.05, 3.02 and 3.04) any interest or other amounts payable on such Security on
the respective stated maturities expressed in such Security (or, in the case of redemption or repayment, on the redemption or repayment date, as the case may be) and to institute suit for the enforcement of any such payment, and such right shall not
be impaired without the consent of such holder. 
 SECTION 6.09 Restoration of Rights and Remedies. 

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

SECTION 6.10 Rights and Remedies Cumulative. 

Except as provided in Section 2.09, no right or remedy herein conferred upon or reserved to the Trustee or to the
holders of Securities is intended to be exclusive of any other right or remedy, and every right and remedy shall, to the extent permitted by law, be cumulative and in addition to every other right and remedy given hereunder or now or hereafter
existing at law or in equity or otherwise. The assertion or employment of any right or remedy hereunder or otherwise, shall not prevent the concurrent assertion or employment of any other appropriate right or remedy. 

SECTION 6.11 Delay or Omission Not Waiver. 

No delay or omission of the Trustee or of any holder of Securities to exercise any right or remedy accruing upon any Event of Default, Covenant
Breach or Default shall impair any such right or remedy or constitute a waiver of any such Event of Default, Covenant Breach or Default or an acquiescence therein. Every right and remedy given by this Article Six or by law to the Trustee or
to the holders of Securities may be exercised from time to time, and as often as may be deemed expedient, by the Trustee or by the holders of Securities. 

  
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 SECTION 6.12 Control by Securityholders. 

The holders of not less than a majority in aggregate principal amount of the Outstanding affected Securities shall have the right to direct the
time, method and place of conducting any proceeding for any remedy available to the Trustee or exercising any trust or power conferred on the Trustee with respect to such affected Securities, provided that 

(a) such direction shall not be in conflict with any statute or rule of law or with this Indenture; 

(b) the Trustee may take any other action deemed proper by the Trustee which is not inconsistent with such direction; and 

(c) subject to the provisions of Section 7.01, the Trustee need not take any action which it in good faith determines
might involve it in personal liability or be unjustly prejudicial to the holders not consenting. 
 SECTION 6.13 Waiver of Past Defaults. 

Except as may otherwise be provided as contemplated by Section 2.03(b) for the Securities of a series, the holders of
not less than a majority in aggregate principal amount of the Outstanding Securities affected thereby may, on behalf of the holders of all such affected Securities, waive any past default hereunder and its consequences, except a default 

(a) in the payment of the principal of or premium, if any, on or any interest or other amounts payable on such Securities; or 

(b) in respect of a covenant or provision hereof that pursuant to Article Ten cannot be modified or amended without the consent of the
holders of each Outstanding Security affected thereby. 
 Upon any such waiver, such default shall cease to exist with respect to such
Securities, and any Event of Default, Covenant Breach or Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture, but no such waiver shall extend to any subsequent or other default or impair any right
consequent thereon. 
 SECTION 6.14 Undertaking for Costs. 

All parties to this Indenture agree, and each holder of any Security, by such holder’s acceptance thereof, shall be deemed to have agreed,
that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Trustee for any action taken, suffered or omitted by it as Trustee, the filing by any party
litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorneys’ fees, against any party litigant in such suit, having due regard to the
merits and good faith of the claims or defenses made by such party litigant; provided, however, the provisions of this Section 6.14 shall not apply to any suit instituted by the Trustee, to any suit instituted
by any holder, or group of holders, holding in the aggregate more than ten percent in principal amount of the Outstanding Securities affected thereby, or to any suit instituted by any holder of any Securities for the enforcement of the payment of
the principal of or premium, if any, on or any interest or other amounts payable on such Securities on or after the respective stated maturities expressed in such Securities (or, in the case of redemption repayment, on or after the redemption or
repayment date, as the case may be, except, in the case of a partial redemption or repayment, with respect to the portion not so redeemed or repaid). 

  
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 SECTION 6.15 Waiver of Stay or Extension Laws. 

The Company covenants (to the extent that it may lawfully do so) that it will not at any time insist upon, or plead, or in any manner
whatsoever claim or take the benefit or advantage of, any stay or extension laws wherever enacted, now or at any time hereafter in force, which may affect the covenants or the performance of this Indenture; and the Company (to the extent that it may
lawfully do so) hereby expressly waives all benefits or advantage of any such law, and covenants that it will not hinder, delay or impede the execution of any power herein granted to the Trustee, but will suffer and permit the execution of every
such power as though no such law had been enacted. 
 ARTICLE SEVEN 

CONCERNING THE TRUSTEE 
 SECTION 7.01
Duties and Responsibilities of Trustee. 
 (a) The Trustee, prior to the occurrence of an Event of Default, a Covenant
Breach or a Default with respect to the Securities of a series and after the curing of all Events of Default, Covenant Breaches or Defaults which may have occurred with respect to such Securities, undertakes to perform such duties and only such
duties with respect to such Securities as are specifically set forth in this Indenture and no implied covenants or obligations shall be read into this Indenture against the Trustee and, in the absence of bad faith on the part of the Trustee, the
Trustee may conclusively rely, as to the truth of the statements and the correctness of the opinions expressed therein, upon any certificates or opinions furnished to the Trustee and conforming to the requirements of this Indenture; but in the case
of any such certificates or opinions which by any provision hereof are specifically required to be furnished to the Trustee, the Trustee shall be under a duty to examine the same to determine whether or not they conform to the requirements of this
Indenture (but need not confirm or investigate the accuracy of mathematical calculations or other facts stated therein). 
 (b) In case an
Event of Default, a Covenant Breach or a Default with respect to the Securities of a series has occurred and has not been cured, the Trustee shall exercise with respect to such Securities such of the rights and powers vested in it by this Indenture,
and use the same degree of care and skill in their exercise, as a prudent person would exercise or use under the circumstances in the conduct of his or her own affairs. 

(c) No provisions of this Indenture shall be construed to relieve the Trustee from liability for its own negligent action, its own negligent
failure to act, or its own willful misconduct, except that: 
 (i) prior to the occurrence of an Event of Default, a Covenant Breach or a
Default with respect to any Securities and after the curing of all Events of Default, Covenant Breaches or Defaults which may have occurred with respect to such Securities, the duties and obligations of the Trustee with respect to such Securities
shall be determined solely by the express provisions of this Indenture, and the Trustee shall not be liable except for the performance of such duties and obligations as are specifically set forth in this Indenture, and no implied covenants or
obligations shall be read into this Indenture against the Trustee; 
 (ii) the Trustee shall not be liable for any error of judgment made in
good faith by a Responsible Officer or Officers, unless it shall be proved that the Trustee was negligent in ascertaining the pertinent facts; and 

  
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 (iii) the Trustee shall not be liable with respect to any action taken or omitted to be taken by
it in good faith in accordance with the direction of the holders of Securities pursuant to Section 6.12 relating to the time, method and place of conducting any proceeding for any remedy available to the Trustee, or
exercising any trust or power conferred upon the Trustee, under this Indenture. 
 (d) No provision of this Indenture shall be construed as
requiring the Trustee to expend or risk its own funds or otherwise to incur any financial liability in the performance of any of its duties hereunder, or in the exercise of any of its rights or powers, if it shall have reasonable grounds for
believing that repayment of such funds or adequate indemnity against such risk or liability is not reasonably assured to it. 
 (e) Whether
or not therein expressly so provided, every provision of this Indenture relating to the conduct or affecting the liability of or affording protection to the Trustee shall be subject to the provisions of this Section 7.01.

 SECTION 7.02 Certain Rights of the Trustee. 

Subject to the provisions of Section 7.01: 

(a) the Trustee may conclusively rely and shall be protected in acting or refraining from acting upon any resolution, certificate, statement,
instrument, opinion, report, notice, request, consent, order, bond, debenture, note, coupon or other paper or document believed by it to be genuine and to have been signed or presented by the proper party or parties; 

(b) any request, direction, order or demand of the Company mentioned herein shall be sufficiently evidenced by a Company Request or Company
Order (unless other evidence in respect thereof be herein specifically prescribed); and any Board Resolution may be evidenced to the Trustee by a copy thereof certified by the Secretary or any Assistant Secretary of the Company; and whenever in the
administration of this Indenture the Trustee shall deem it desirable that a matter be proved or established prior to taking, suffering or omitting any action hereunder, the Trustee (unless other evidence be herein specifically prescribed) may, in
the absence of bad faith on its part, rely upon an Officer’s Certificate; 
 (c) the Trustee may consult with counsel of its selection
and the advice of such counsel or any Opinion of Counsel shall be full and complete authorization and protection in respect of any action taken, suffered or omitted by it hereunder in good faith and in reliance thereon in accordance with such advice
of its counsel or any relevant Opinion of Counsel; 
 (d) the Trustee shall be under no obligation to exercise any of the rights or powers
vested in it by this Indenture at the request, order or direction of any of the holders of any Securities pursuant to the provisions of this Indenture, unless such holders shall have offered to the Trustee security or indemnity reasonably
satisfactory to the Trustee against the costs, expenses and liabilities which might be incurred therein or thereby; 
 (e) the Trustee shall
not be bound to make any investigation into the facts or matters stated in any resolution, certificate, statement, instrument, opinion, report, notice, request, direction, consent, order, bond, debenture, note, coupon or other paper or documents,
but the Trustee, in its discretion, may make such further inquiry or investigation into such facts or matters as it may see fit, and, if the Trustee shall determine, in its discretion, to make such further inquiry or investigation, it shall be
entitled to examine the books, records and premises of the Company, personally or by agent or attorney, and the Company shall reimburse the Trustee for reasonable expenses of such inquiry or investigation; provided that the Trustee shall
incur no liability or additional liability of any kind by reason of such inquiry or investigation; 

  
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 (f) the Trustee may execute any of the trusts or powers hereunder or perform any duties hereunder
either directly or by or through agents or attorneys and the Trustee shall not be responsible for any misconduct or negligence on the part of any agent or attorney appointed with due care by it hereunder; 

(g) in no event shall the Trustee be responsible or liable for special, indirect, or consequential loss or damage of any kind whatsoever
(including, but not limited to, loss of profit) irrespective of whether the Trustee has been advised of the likelihood of such loss or damage and regardless of the form of action; 

(h) the Trustee shall not be deemed to have notice of any Event of Default, Covenant Breach or Default unless a Responsible Officer of the
Trustee has actual knowledge thereof, in the case of a Default described in Section 6.03(a) or (b) with respect to any Securities of a series for which the Trustee also is acting as Paying Agent, or has
received, either from the Company (as described in Section 4.06) or any holder or holders of the affected Securities, written notice of any event which is in fact such an Event of Default, a Covenant Breach or a Default at
the Corporate Trust Office of the Trustee, and such notice references the affected Securities and this Indenture; 
 (i) the rights,
privileges, protections, immunities and benefits given to the Trustee, including, without limitation, its right to be indemnified, are extended to, and shall be enforceable by, the Trustee in each of its capacities hereunder; 

(j) the Trustee may request that the Company deliver a certificate setting forth the names of individuals and/or titles of officers of the
Company authorized at such time to take specified actions pursuant to this Indenture; and 
 (k) the Trustee shall not be liable for any
action taken, suffered or omitted to be taken by it in good faith and believed by it to be authorized or within the discretion or rights or powers conferred upon it by this Indenture. 

SECTION 7.03 No Responsibility for Recitals, etc. 

The recitals contained herein and in the Securities, other than in the Trustee’s certificate of authentication, shall be taken as the
statements of the Company, and the Trustee assumes no responsibility for the correctness of the same. The Trustee makes no representations as to the validity or sufficiency of this Indenture or of the Securities (other than the Trustee’s
certificate of authentication thereon). The Trustee shall not be accountable for the use or application by the Company of the Securities issued hereunder or the proceeds thereof. 

SECTION 7.04 Ownership of Securities. 

The Trustee, any authenticating agent, any Paying Agent, any Security Registrar or any other agent of the Company or of the Trustee, in its
individual or any other capacity, may become the owner or pledgee of Securities and, subject to Sections 7.08 and 7.12, may otherwise deal with the Company with the same rights it would have if it were not Trustee, authenticating
agent, Paying Agent, Security Registrar or such other agent of the Company or of the Trustee. 
 SECTION 7.05 Money to be Held in Trust. 

Subject to the provisions of Section 15.14 hereof, all money received by the Trustee or any Paying Agent shall, until
used or applied as herein provided, be held in trust for the purposes for which they were received, but need not be segregated from other funds except to the extent required by law. Neither the Trustee nor any Paying Agent shall be under any
liability for interest on any money received by it hereunder except such as it may agree in writing with the Company to pay thereon. 

  
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 SECTION 7.06 Compensation and Expenses of Trustee. 

The Company covenants and agrees to pay to the Trustee from time to time, and the Trustee shall be entitled to, such compensation for all
services rendered by it hereunder as the Company and the Trustee shall from time to time agree in writing (which to the extent permitted by law shall not be limited by any provision of law in regard to the compensation of a trustee of an express
trust), and, except as otherwise expressly provided, the Company will pay or reimburse the Trustee forthwith upon its request for all reasonable expenses, disbursements and advances incurred or made by the Trustee in accordance with any of the
provisions of this Indenture (including the reasonable compensation and the expenses and disbursements of its counsel and of all persons not regularly in its employ) except any such expense, disbursement or advance as may arise from the
Trustee’s negligence, willful misconduct or bad faith. If any property other than cash shall at any time be subject to the lien of this Indenture, the Trustee, if and to the extent authorized by a receivership or bankruptcy court of competent
jurisdiction or by the supplemental instrument subjecting such property to such lien, shall be entitled to make and to be reimbursed for, advances for the purpose of preserving such property or of discharging tax liens or other prior liens or
encumbrances thereon. The Company also covenants to indemnify the Trustee and any predecessor Trustee for, and to hold them harmless against, any and all loss, damage, claims, liability or expense, including taxes (other than taxes based upon or
measured or determined by the income of the Trustee) incurred without negligence, willful misconduct or bad faith on its part, arising out of or in connection with the acceptance or administration of this Indenture or the trusts hereunder, including
the costs and expenses of defending itself against any claim of liability in connection with the exercise or performance of any of its powers or duties hereunder. The obligations of the Company under this Section 7.06 shall
constitute additional indebtedness hereunder. Such additional indebtedness shall be secured by a lien prior to that of the Securities upon all property and funds held or collected by the Trustee as such, except funds held in trust for the benefit of
the holders of particular Securities. 
 To secure the Company’s obligations under this Section 7.06, the
Trustee shall have a senior claim to which the Securities are hereby made subordinate on all money or property held or collected by the Trustee, except that held in trust to pay principal of or premium, if any, and any interest or other amounts
payable on particular Securities. 
 When the Trustee incurs expenses or renders services after an Event of Default, a Covenant Breach or a
Default, the expenses and the compensation for such services are intended to constitute expenses of administration under any applicable bankruptcy, insolvency or similar law. 

SECTION 7.07 Officer’s Certificate as Evidence. 

Subject to the provisions of Section 7.01, whenever in the administration of the provisions of this Indenture the
Trustee shall deem it necessary or desirable that a matter be proved or established prior to taking or suffering any action to be taken hereunder, such matter (unless other evidence in respect thereof be herein specifically prescribed) may, in the
absence of negligence or bad faith on the part of the Trustee, be deemed to be conclusively proved and established by an Officer’s Certificate delivered to the Trustee, and such certificate, in the absence of negligence or bad faith on the part
of the Trustee, shall be full warrant to the Trustee for any action taken, suffered or omitted by it under the provisions of this Indenture upon the faith thereof. 

  
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 SECTION 7.08 Eligibility of Trustee; Disqualification; Conflicting Interest. 

(a) The Trustee for all Securities hereunder shall at all times be a corporation organized and doing business under the laws of the United
States or of any State or the District of Columbia having a combined capital and surplus of at least $50,000,000, and which is authorized under such laws to exercise corporate trust powers and is subject to supervision or examination by United
States Federal, State or District of Columbia authority. Such corporation shall have its principal place of business in the United States and shall otherwise be eligible as provided in the Trust Indenture Act. If such corporation publishes reports
of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then, for the purposes of this Section 7.08(a), the combined capital and surplus of such
corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. In case at any time the Trustee shall cease to be eligible in accordance with the provisions of the Trust Indenture
Act and this Indenture, the Trustee shall resign promptly in the manner and with the effect specified in Section 7.09. 

The provisions of this Section 7.08(a) are in furtherance of and subject to Section 310(a) of the Trust
Indenture Act. 
 (b) The Trustee shall comply with Section 310(b) of the Trust Indenture Act. If the Trustee has or shall acquire a
conflicting interest within the meaning of the Trust Indenture Act, the Trustee shall either eliminate such interest or resign, to the extent and in the manner provided by, and subject to the provisions of, the Trust Indenture Act and this
Indenture. To the extent permitted by the Trust Indenture Act, the Trustee shall not be deemed to have a conflicting interest by virtue of being a trustee under this Indenture with respect to Securities of more than one series or a trustee under the
Indenture for Subordinated Debt Securities dated as of January 1, 1995, as supplemented, or under any other indenture, a paying agent under any paying agency agreement, a fiscal agent under any fiscal agency agreement or a warrant agent under
any warrant agreement, of the Company or any of its affiliates. For the purposes of determining whether a conflicting interest exists within the meaning of the Trust Indenture Act, the term “default” means any event which is, or after
notice or lapse of time or both would become, an Event of Default, a Covenant Breach or a Default. 
 SECTION 7.09 Resignation or Removal of
Trustee. 
 (a) The Trustee, or any trustee or trustees hereafter appointed, may at any time resign with respect to the Securities of one
or more or all series by giving at least 30 calendar days’ written notice of resignation to the Company. Upon receiving such notice of resignation, the Company shall promptly appoint a successor trustee meeting the requirements of the Trust
Indenture Act with respect to the applicable Securities by written instrument, in duplicate, executed by order of the Board of Directors or pursuant to one or more Board Resolutions, one copy of which instrument shall be delivered to the resigning
Trustee and one copy to the successor trustee. If no successor trustee meeting the requirements of the Trust Indenture Act shall have been so appointed and have accepted appointment within 30 calendar days after the mailing of such notice of
resignation, the resigning Trustee may petition any court of competent jurisdiction for the appointment of a successor trustee. Such court may thereupon, after such notice, if any, as it may deem proper and prescribe, appoint a successor trustee.

 (b) In case at any time any of the following shall occur: 

(i) the Trustee shall fail to comply with the provisions of Section 310(b) of the Trust Indenture Act with respect to any Securities after
written request therefor by the Company or by any securityholder who has been a bona fide holder of such Securities for at least six months, or 

  
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 (ii) the Trustee shall cease to be eligible in accordance with the provisions of the Trust
Indenture Act and Section 7.08 with respect to any Securities and shall fail to resign after written request therefor by the Company or by any such securityholder, or 

(iii) the Trustee shall become incapable of acting with respect to any Securities, or shall be adjudged a bankrupt or insolvent, or a receiver
of the Trustee or of its property shall be appointed, or any public officer shall take charge or control of the Trustee or of its property or affairs for the purpose of rehabilitation, conservation or liquidation, 

then, in any such case, the Company may remove the Trustee with respect to the applicable Securities and appoint a successor trustee with respect to such
Securities by written instrument, in duplicate, executed by order of the Board of Directors or pursuant to one or more Board Resolutions, one copy of which instrument shall be delivered to the Trustee so removed and one copy to the successor
trustee, or, subject to the provisions of Section 6.14, any securityholder of such Securities who has been a bona fide holder of such Securities for at least six months may, on behalf of himself or herself and all others
similarly situated, petition any court of competent jurisdiction for the removal of the Trustee and the appointment of a successor trustee with respect to such Securities. Such court may thereupon, after such notice, if any, as it may deem proper
and prescribe, remove the Trustee and appoint a successor trustee. 
 (c) The holders of a majority in aggregate principal amount of the
Securities of all series (voting as one class) at the time Outstanding may at any time remove the Trustee with respect to all such Securities then Outstanding by giving at least 30 calendar days’ written notice to the Company and the Trustee
and appoint a successor trustee with respect to all such Securities then Outstanding. 
 (d) Any resignation or removal of the Trustee and
any appointment of a successor trustee pursuant to any of the provisions of this Section 7.09 shall become effective upon the appointment of a successor trustee and the acceptance of appointment by the successor trustee as
provided in Section 7.10. 
 SECTION 7.10 Acceptance by Successor Trustee. 

Any successor trustee appointed as provided in Section 7.09 shall execute, acknowledge and deliver to the Company and
to its predecessor trustee an instrument accepting such appointment hereunder, and thereupon the resignation or removal of the predecessor trustee with respect to the applicable Securities shall become effective and such successor trustee, without
any further act, deed or conveyance, shall become vested with all the rights, powers, duties and obligations of its predecessor hereunder with respect to such Securities, with like effect as if originally named as trustee herein; but, nevertheless,
on the written request of the Company or of the successor trustee, the predecessor trustee shall, upon payment of any amounts then due it pursuant to the provisions of Section 7.06, execute and deliver an instrument
transferring to such successor trustee all the rights and powers of the predecessor trustee. Upon request of any such successor trustee, the Company shall execute any and all instruments in writing in order more fully and certainly to vest in and
confirm to such successor trustee all such rights and powers. Any trustee, including the initial Trustee, ceasing to act shall, nevertheless, retain a lien upon all property or funds held or collected by such trustee to secure any amounts then due
it pursuant to the provisions of Section 7.06. 
 In case of the appointment hereunder of a successor trustee with
respect to certain (but not all) Securities hereunder, the Company, the predecessor Trustee and each successor trustee with respect to the applicable Securities shall execute and deliver an indenture supplemental hereto which shall contain such
provisions as shall be deemed necessary or desirable to confirm that all the rights, powers, trusts and duties of the predecessor Trustee with respect to the Securities as to which the predecessor Trustee is not retiring shall continue to be vested
in the predecessor Trustee, and shall add to or change any of the provisions of this Indenture as shall be necessary to provide for or facilitate the administration of the trusts hereunder by 

  
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more than one trustee, it being understood that nothing herein or in such supplemental indenture shall constitute such trustees co-trustees of the same
trust and that each such trustee shall be trustee of a trust or trusts hereunder separate and apart from any trust or trusts hereunder administered by any other such trustee. 

No successor trustee shall accept appointment as provided in this Section 7.10 unless at the time of such acceptance
such successor trustee shall be qualified and eligible under the provisions of this Article Seven and the Trust Indenture Act. 

Upon acceptance of appointment by a successor trustee as provided in this Section 7.10, the Company shall provide
notice of the succession of such trustee hereunder to all holders of the applicable Securities in the manner described in Section 15.04. If the Company fails to provide such notice in the prescribed manner within ten days
after the acceptance of appointment by the successor trustee, the successor trustee shall cause such notice to be provided in the manner described in Section 15.04 at the expense of the Company. 

SECTION 7.11 Successor by Merger, etc. 

Any corporation into which the Trustee may be merged or converted or with which it may be consolidated, or any corporation resulting from any
merger, conversion or consolidation to which the Trustee shall be a party, or any corporation succeeding to all or substantially all of the corporate trust business of the Trustee, shall be the successor of the Trustee hereunder, provided such
corporation shall be qualified and eligible under the provisions of this Article Seven, without the execution or filing of any paper or any further act on the part of any of the parties hereto, anything herein to the
contrary notwithstanding. In case any Securities shall have been authenticated, but not delivered, by the Trustee then in office, any successor by merger, conversion or consolidation to such authenticating Trustee may adopt such authentication and
deliver the Securities so authenticated with the same effect as if such successor Trustee had itself authenticated such Securities. 
 SECTION 7.12
Limitations on Rights of Trustee as Creditor. 
 If and when the Trustee shall be or become a creditor of the Company (or any other
obligor upon the Securities), the Trustee shall be subject to the provisions of the Trust Indenture Act regarding the collection of claims against the Company (or any such other obligor). 

SECTION 7.13 Notice of Default from the Trustee. 

If a default occurs hereunder with respect to the Securities of a series, the Trustee, subject to Section 7.02(h),
shall give the holders of such Securities notice of such default as and to the extent provided in the Trust Indenture Act; provided, however, that in the case of any default of the character specified in
Section 1.01 under the definition of “Covenant Breach” with respect to such Securities, no such notice to the holders shall be given until at least 30 days after the occurrence thereof. For the purpose of this
Section 7.13, the term “default” means any event which is, or after notice or the lapse of time or both would become, an Event of Default, a Covenant Breach or a Default with respect to the Securities of a series.

 SECTION 7.14 Appointment of Authenticating Agent. 

The Trustee may appoint, with the approval of the Company, an authenticating agent or agents (which may be an affiliate or affiliates of the
Company) with respect to any Securities which shall be authorized to act on behalf of the Trustee to authenticate such Securities issued upon original issue or upon exchange, registration of transfer or partial redemption or repayment thereof or
pursuant to Section 2.09, and Securities so authenticated shall be entitled to the benefits of this Indenture and shall be valid and 

  
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obligatory for all purposes as if authenticated by the Trustee hereunder. Wherever reference is made in this Indenture to the authentication and delivery of Securities by the Trustee or the
Trustee’s certificate of authentication, such reference shall be deemed to include authentication and delivery, and execution of a certificate of authentication, on behalf of the Trustee by an authenticating agent appointed in accordance with
this Section 7.14. Unless otherwise agreed by the Trustee and the Company, each authenticating agent shall be acceptable to the Company and shall be a corporation having at all times a combined capital and surplus of not
less than $50,000,000 and that is subject to supervision or examination by a United States Federal or State or District of Columbia authority, or the equivalent foreign authority in the case of an authenticating agent that is not organized and doing
business under the laws of the United States of America or any State thereof or of the District of Columbia. If such authenticating agent publishes reports of condition at least annually, pursuant to any applicable law or to the requirements of such
supervising or examining authority, then for the purposes of this Section 7.14, the combined capital and surplus of such authenticating agent shall be deemed to be its combined capital and surplus as set forth in its most
recent report of condition so published. If at any time an authenticating agent shall cease to be eligible in accordance with the provisions of this Section 7.14, such authenticating agent shall resign immediately in the
manner and with the effect specified in this Section 7.14. 
 Any corporation into which an authenticating agent
may be merged or converted or with which it may be consolidated, or any corporation resulting from any merger, conversion or consolidation to which such authenticating agent shall be a party, or any corporation succeeding to the corporate agency or
corporate trust business of such authenticating agent, shall continue to be an authenticating agent, provided such corporation shall be otherwise eligible under this Section 7.14, without the execution or filing of any
paper or any further act on the part of the Trustee or such authenticating agent. 
 An authenticating agent may resign at any time by
giving written notice thereof to the Trustee and to the Company. The Trustee may at any time terminate the agency of an authenticating agent by giving written notice thereof to such authenticating agent and to the Company. Upon receiving such a
notice of resignation or upon such a termination, or in case at any time such authenticating agent shall cease to be eligible in accordance with the provisions of this Section7.14, the Trustee may appoint a successor authenticating agent
which shall be acceptable to the Company and shall promptly give notice of such appointment to all holders of Securities in the manner and to the extent provided in Section 15.04. Any successor authenticating agent upon
acceptance of its appointment hereunder shall become vested with all the rights, powers and duties of its predecessor hereunder, with like effect as if originally named as an authenticating agent. No successor authenticating agent shall be appointed
unless eligible under the provisions of this Section7.14. 
 The Company agrees to pay to each authenticating agent from time to time
reasonable compensation for its services under this Section 7.14 as may be agreed by the Company and such authenticating agent. 

  
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 If an appointment of an authentication agent with respect to any Securities is made pursuant to
this Section 7.14, the certificate of authentication to be borne by such Securities shall be substantially in the following form: 

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

 

							
	Dated:
                                        
	 	The Bank of New York Mellon Trust Company, N.A., as Trustee
			
		 	By:	 	                                    
                                         
                         ,
		 		 	as Authenticating Agent
				
		 		 	By:	 	  

		 		 		 	Authorized Signatory

 If all of the Securities of a series may not be originally issued at one time, and the Trustee does not have
an office capable of authenticating Securities upon original issuance located in a Place of Payment where the Company wishes to have such Securities authenticated upon original issuance, the Trustee, if so requested by the Company in writing, shall
appoint in accordance with this Section 7.14 an authenticating agent (which shall be acceptable to the Company and which, if so requested by the Company, shall be such affiliate of the Company) having an office in a Place
of Payment designated by the Company with respect to such Securities, provided that the terms and conditions of such appointment are acceptable to the Trustee. 

ARTICLE EIGHT 
 CONCERNING THE
SECURITYHOLDERS 
 SECTION 8.01 Action by Securityholders. 

Whenever in this Indenture it is provided that the holders of a specified percentage in aggregate principal amount of the Securities of any or
all series may take any action (including the making of any demand or request, the giving of any authorization, notice, consent or waiver or the taking of any other action), the fact that at the time of taking any such action the holders of such
specified percentage have joined therein may be evidenced by (a) any instrument or any number of instruments of similar tenor executed by securityholders in person or by agent or proxy duly appointed in writing, or (b) the record of the
holders of Securities voting in favor thereof, either in person or by proxies duly appointed in writing, at any meeting of securityholders of such Securities duly called and held in accordance with the provisions of Article Nine, or
(c) a combination of such instrument or instruments and any such record of such a meeting of securityholders. 
 In determining whether
the holders of a specified percentage in aggregate principal amount of the Securities of any or all series have taken any action (including the making of any demand or request, the giving of any authorization, direction, notice, consent or waiver or
the taking of any other action), (i) the principal amount of any Original Issue Discount Security that may be counted in making such determination and that shall be deemed to be Outstanding for such purposes shall be equal to the amount of the
principal thereof that would be due and payable as of such date of determination upon declaration of acceleration of the maturity thereof to such date pursuant to Section 6.01, and (ii) the principal amount of a
Security denominated in one or more foreign currencies, composite currencies or currency units shall be the U.S. Dollar equivalent, determined as of such date in the manner provided as contemplated by Section 2.03(b), of
the principal amount of such Security (or in the case of an Original Issue Discount Security, of the amount determined as provided in clause (i) of this paragraph). 

  
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 SECTION 8.02 Proof of Execution by Securityholders. 

Subject to the provisions of Section 7.01, 7.02 and 9.05, proof of the execution of any instrument by a
securityholder or its agent or proxy, or of the holding by any Person of a Security, shall be sufficient and conclusive in favor of the Trustee and the Company if made in accordance with such reasonable rules and regulations as may be prescribed by
the Trustee or in such manner as shall be satisfactory to the Trustee. 
 Unless otherwise provided as contemplated by
Section 2.03(b) for any Securities other than Registered Securities, the principal amount and serial numbers of Securities held by any Person, and the date of holding the same, shall be proved by the Security Register. The
record of any securityholders’ meeting shall be proved in the manner provided in Section 9.06. 
 SECTION 8.03 Who
Are Deemed Absolute Owners. 
 Prior to due presentment of a Registered Security for registration of transfer, the Company, the Trustee
and any agent of the Company or of the Trustee may deem the person in whose name such Registered Security shall be registered upon the Security Register to be, and may treat him or her as, the absolute owner of such Registered Security (whether or
not such Registered Security shall be overdue and notwithstanding any notation of ownership or other writing thereon), for the purpose of receiving payment of or on account of the principal of (and premium, if any) and, subject to the provisions of
Sections 2.05 and 2.07, any interest or other amounts payable on such Registered Security and for all other purposes; and neither the Company, the Trustee nor any agent of the Company or of the Trustee shall be affected by any notice
to the contrary. All such payments so made to any holder for the time being, or upon his or her order, shall be valid and, to the extent of the sum or sums so paid, effectual to satisfy and discharge the liability for moneys payable upon any such
Registered Security. 
 The determination of the holder of any Security other than a Registered Security shall be made in accordance with
the terms of such Security as provided for in accordance with Section 2.03(b). 
 Notwithstanding the foregoing,
with respect to any Global Security, nothing herein shall prevent the Company, the Trustee, or any agent of the Company or of the Trustee, from giving effect to any written certification, proxy or other authorization furnished by the Depositary or
impair, as between the Depositary and holders of beneficial interests in any Global Security, as the case may be, the operation of customary practices governing the exercise of the rights of the Depositary as holder of such Global Security. 

SECTION 8.04 Company-Owned Securities Disregarded. 

In determining whether the holders of the required aggregate principal amount of Securities have provided any request, demand, authorization,
notice, direction, consent or waiver under this Indenture, Securities which are owned by the Company or any other obligor on such Securities, or by any person directly or indirectly controlling or controlled by or under direct or indirect common
control with the Company or any other obligor on such Securities, shall be disregarded and deemed not to be Outstanding for the purpose of any such determination, except that for the purpose of determining whether the Trustee shall be protected in
relying on any such request, demand, authorization, direction, notice, consent or waiver, only such Securities which a Responsible Officer of the Trustee actually knows are so owned shall be so disregarded. Such Securities so owned which have been
pledged in good faith may be regarded as Outstanding for the purposes of this Section 8.04 if the pledgee shall establish to the satisfaction of the 

  
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Trustee the pledgee’s right to vote such Securities and that the pledgee is not a person directly or indirectly controlling or controlled by or under direct or indirect common control with
the Company or any such other obligor. In the case of a dispute as to such right, any decision by the Trustee taken upon the advice of counsel shall be full protection to the Trustee. 

SECTION 8.05 Future Securityholders Bound. 

Any action taken by the holder of any Security shall be conclusive and binding upon such holder and upon all future holders and owners of such
Security and of any Security issued upon registration of transfer of or in exchange or substitution therefor in respect of anything done, omitted or suffered to be done by the Trustee or the Company in reliance thereon, irrespective of whether or
not any notation in regard thereto is made upon such Security. Any action taken by the holders of the percentage in aggregate principal amount of the Securities specified in this Indenture in connection with such action shall be conclusively binding
upon the Company, the Trustee and the holders of all such Securities. 
 SECTION 8.06 Record Date. 

The Company may, but shall not be obligated to, set a record date for purposes of determining the identity of holders of the Securities of a
series entitled to vote or consent to any action by vote or consent or to otherwise take any action under this Indenture authorized or permitted by Section 6.12 or Section 6.13 or otherwise under
this Indenture. Such record date shall be the later of the date 20 calendar days prior to the first solicitation of such consent or vote or other action or the date of the most recent list (if any) of holders of such Securities delivered to the
Trustee pursuant to Section 5.01 prior to such solicitation. If such a record date is fixed, those persons who were holders of such Securities at the close of business on such record date shall be entitled to vote or
consent or take such other action, or to revoke any such action, whether or not such persons continue to be holders after such record date, and for that purpose the Outstanding Securities shall be computed as of such record date. 

ARTICLE NINE 

SECURITYHOLDERS’ MEETINGS 

SECTION 9.01 Purposes of Meeting. 
 A
meeting of holders of the Securities of any or all series may be called at any time and from time to time pursuant to the provisions of this Article Nine for any of the following purposes: 

(a) to give any notice to the Company or to the Trustee, or to give any directions to the Trustee, or to waive any default hereunder and its
consequences, or to take any other action authorized to be taken by securityholders pursuant to any of the provisions of Article Six; 

(b) to remove the Trustee and appoint a successor trustee pursuant to the provisions of Article Seven; 

(c) to consent to the execution of an indenture or indentures supplemental hereto pursuant to the provisions of
Section 10.02; or 
 (d) to take any other action authorized to be taken by or on behalf of the holders of any
specified aggregate principal amount of the Securities of any or all series, as the case may be, under any other provision of this Indenture or under applicable law. 

  
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 SECTION 9.02 Call of Meetings by Trustee. 

The Trustee may at any time call a meeting of holders of the Securities of any or all series to take any action specified in
Section 9.01, to be held at such time and at such place as the Trustee shall determine. Notice of every meeting of the holders of the Securities of any or all series, setting forth the time and place of such meeting and in
general terms the action proposed to be taken at such meeting, shall be given in the manner provided in Section 15.04 not less than 20 nor more than 180 calendar days prior to the date fixed for the meeting. 

SECTION 9.03 Call of Meetings by Company or Securityholders. 

In case at any time the Company, pursuant to a Board Resolution, or the holders of at least ten percent in aggregate principal amount of the
Securities of any or all series, as the case may be, then Outstanding, shall have requested the Trustee to call a meeting of holders of the Securities of any or all series to take any action authorized in Section 9.01, by
written request setting forth in reasonable detail the action proposed to be taken at the meeting, and the Trustee shall not have provided notice of such meeting in the manner provided in Section 15.04 within 30 calendar
days after receipt of such request, then the Company or the holders of such Securities in the amount above specified may determine the time and the place for such meeting and may call such meeting by giving notice thereof as provided in
Section 9.02. 
 SECTION 9.04 Qualifications for Voting. 

To be entitled to vote at any meeting of securityholders, a person shall be a holder of one or more Outstanding Securities with respect to
which a meeting is being held or a person appointed by an instrument in writing as proxy by such a holder or holders. The only persons who shall be entitled to be present or to speak at any meeting of the securityholders of the Securities of any
series shall be the persons entitled to vote at such meeting and their counsel and any representatives of the Trustee and its counsel and any representatives of the Company and their counsel. 

SECTION 9.05 Regulations. 

Notwithstanding any other provisions of this Indenture, the Trustee may make such reasonable regulations as it may deem advisable for any
meeting of holders of the Securities of a series, in regard to proof of the holding of such Securities and of the appointment of proxies, and in regard to the appointment and duties of inspectors of votes, the submission and examination of proxies,
certificates and other evidence of the right to vote, and such other matters concerning the conduct of the meeting as it shall think fit. Except as otherwise permitted or required by any such regulations, the holding of Securities shall be proved in
the manner specified in Article Eight and the appointment of any proxy shall be proved in the manner specified in Article Eight or by having the signature of the person executing the proxy witnessed or guaranteed by any trust company,
bank or banker authorized by Article Eight to certify to the holding of Securities. Such regulations may provide that written instruments appointing proxies, regular on their face, may be presumed valid and genuine without the proof specified
in Article Eight or other proof. 
 The Trustee shall, by an instrument in writing, appoint a temporary chairman of the meeting,
unless the meeting shall have been called by the Company or by securityholders as provided in Section 9.03, in which case the Company or the securityholders calling the meeting, as the case may be, shall in like manner
appoint a temporary chairman. A permanent chairman and a permanent secretary of the meeting shall be elected by vote of the holders of a majority in principal amount of the Securities represented at the meeting and entitled to vote. 

  
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 Subject to the provisions of Sections 8.01 and 8.04, at any meeting each
securityholder or proxy shall be entitled to one vote for each authorized minimum denomination of the relevant Securities as specified in accordance with Section 2.03(b) (or the U.S. Dollar equivalent thereof in
connection with Securities issued in a foreign currency, composite currency or currency unit) of the Outstanding principal amount of such Securities held or represented by him or her; provided, however, that no vote shall be cast or
counted at any meeting in respect of any Security challenged as not Outstanding and ruled by the chairman of the meeting to be not Outstanding. The chairman of the meeting shall have no right to vote except as a securityholder or proxy. Any meeting
of securityholders duly called pursuant to the provisions of Section 9.02 or 9.03 may be adjourned from time to time, and the meeting may be reconvened without further notice. 

SECTION 9.06 Voting. 
 The vote upon
any resolution submitted to any meeting of securityholders shall be by written ballot on which shall be subscribed the signatures of the securityholders or proxies and on which shall be inscribed the identifying number or numbers or to which shall
be attached a list of identifying numbers of the Securities held or represented by them. The chairman of the meeting shall appoint two inspectors of votes who shall count all votes cast at the meeting for or against any resolution and who shall make
and file with the secretary of the meeting their verified written reports in duplicate of all votes cast at the meeting. A record in duplicate of the proceedings of each meeting of securityholders shall be prepared by the secretary of the meeting
and there shall be attached to said record the original reports of the inspectors of votes on any vote by ballot taken thereat and affidavits by one or more persons having knowledge of the facts setting forth a copy of the notice of the meeting and
showing that said notice was mailed as provided in Section 9.02. The record shall be signed and verified by the chairman and secretary of the meeting and one of the duplicates shall be delivered to the Company and the other
to the Trustee to be preserved by the Trustee, the latter to have attached thereto the ballots voted at the meeting. 
 Any record so signed
and verified shall be conclusive evidence of the matters therein stated. 
 ARTICLE TEN 

SUPPLEMENTAL INDENTURES 
 SECTION 10.01
Supplemental Indentures without Consent of Holders. 
 Without the consent of any holders of Securities, the Company, when authorized
by or pursuant to a Board Resolution, and the Trustee may from time to time and at any time enter into an indenture or indentures supplemental hereto for one or more of the following purposes: 

(a) to evidence the merger or consolidation of the Company with or into any other Person or the sale, conveyance or transfer of substantially
all the assets of the Company to any other Person, in each case pursuant to Article Eleven hereof, and the assumption by any such successor of the covenants, agreements and obligations of the Company herein and in the Securities; 

(b) to add to the covenants of the Company such further covenants, restrictions, conditions or provisions, to make the occurrence, or the
occurrence and continuance, of a default in any of such additional covenants, restrictions, conditions or provisions an Event of Default, a Covenant Breach or a Default permitting the enforcement of all or any of the several remedies provided in
this Indenture as herein set forth, with such period of grace, if any, and subject to such conditions as such supplemental indenture may provide, for the benefit of the holders of the Securities of any or all series (and if for the benefit of the
holders of less than all Securities of a series, stating that such additional covenants, restrictions, conditions, 

  
 44 

 
provisions or Event of Default, Covenant Breach or Default are expressly being included solely for the benefit of such Securities), or to surrender any right or power herein conferred upon the
Company with regard to the Securities of any or all series (and if any such surrender is to be made with regard to less than all Securities of a series, stating that such surrender is expressly being made solely with regard to such Securities); 

(c) to add to or change any of the provisions of this Indenture to such extent as shall be necessary to permit or facilitate the issuance,
exchange and/or registration of Securities in bearer form, registrable or not registrable as to principal, and with or without interest coupons, or to permit or facilitate the issuance of Securities in uncertificated form, provided that any
such action shall not adversely affect the interests of the holders of any Securities then Outstanding in any material respect; 
 (d) to
modify, eliminate or add to the provisions of this Indenture to such extent as shall be necessary to effect the qualification of this Indenture under the Trust Indenture Act, or under any similar United States Federal statute hereafter enacted, and
to add to this Indenture such other provisions as may be expressly permitted by the Trust Indenture Act, excluding however, the provisions referred to in Section 316(a)(2) of the Trust Indenture Act or any corresponding provision in any similar
United States Federal statute hereafter enacted; 
 (e) to add to, change or eliminate any of the provisions of this Indenture in respect of
the Securities of any or all series (and if such addition, change or elimination is to apply with respect to less than all Securities of a series, stating that it is expressly being made to apply solely with respect to such Securities), provided
that any such addition, change or elimination (i) shall not apply to any Securities issued prior to, and Outstanding as of the date of, the execution of such supplemental indenture and entitled to the benefit of such provision or
(ii) shall become effective only when there are no Securities Outstanding hereunder; 
 (f) to cure any ambiguity or to correct or
supplement any provision contained herein or in any supplemental indenture which may be defective or inconsistent with any other provisions contained herein or in any supplemental indenture or to make such other provisions in regard to matters or
questions arising under this Indenture, provided such other provisions shall not adversely affect in any material respect the interests of the holders of the Outstanding Securities affected thereby; 

(g) to evidence and provide for the acceptance and appointment hereunder by a successor trustee with respect to the Securities of one or more
series and to add or change any provisions of this Indenture as shall be necessary to provide for or facilitate the administration of the trusts hereunder by more than one trustee, pursuant to Section 7.10; and 

(h) to establish the form or terms of the Securities of a series as permitted by Section 2.03. 

The Trustee is hereby authorized to join with the Company in the execution of any such supplemental indenture and to make any further
appropriate agreements and stipulations which may be therein contained, but the Trustee shall not be obligated to enter into any such supplemental indenture which adversely affects the Trustee’s own rights, duties or immunities under this
Indenture or otherwise. No supplemental indenture shall be effective as against the Trustee unless and until the Trustee has duly executed and delivered the same. 

  
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 SECTION 10.02 Supplemental Indentures with Consent of Holders. 

With the consent (evidenced as provided in Section 8.01) of the holders of not less than a majority in aggregate
principal amount of all Outstanding Securities affected by such supplemental indenture, considered together as one class for this purpose, the Company, when authorized by or pursuant to a Board Resolution, and the Trustee may from time to time and
at any time enter into indenture or indentures supplemental hereto for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of this Indenture or of any supplemental indenture or of modifying in any
manner the rights of the holders of such affected Securities under this Indenture; provided, however, that no such supplemental indenture shall, without the consent of the holders of each Outstanding Security affected thereby, extend
the stated maturity of any Securities, or reduce the principal amount thereof or premium, if any, or reduce the rate or extend the time of payment of interest due thereon, or reduce any amount payable on redemption or repayment thereof, except in
accordance with the terms of such Securities established as contemplated by Section 2.03(b), or reduce the aforesaid percentage of Securities, the consent of the holders of which is required for any such supplemental
indenture. 
 A supplemental indenture that changes or eliminates any covenant or other provision of this Indenture which has expressly been
included solely for the benefit of one or more particular Securities or series of Securities, or that modifies the rights of the holder of such Securities or series with respect to such covenant or other provision, shall be deemed not to affect the
rights under this Indenture of the holder of any other Securities or any other series, as applicable. 
 Upon the request of the Company,
accompanied by a copy of a Board Resolution certified by the Secretary or an Assistant Secretary of the Company authorizing the execution of any such supplemental indenture, and upon the filing with the Trustee of evidence of the consent of
securityholders as aforesaid, the Trustee shall join with the Company in the execution of such supplemental indenture unless such supplemental indenture affects the Trustee’s own rights, duties or immunities under this Indenture or otherwise,
in which case the Trustee may in its discretion, but shall not be obligated to, enter into such supplemental indenture. 
 It shall not be
necessary for the consent of the securityholders under this Section 10.02 to approve the particular form of any proposed supplemental indenture, but it shall be sufficient if such consent shall approve the substance
thereof. 
 Promptly after the execution of any supplemental indenture pursuant to the provisions of this
Section 10.02, the Company shall provide notice thereof setting forth in general terms the substance of such supplemental indenture, in the manner and to the extent provided in Section 15.04, to
all holders of Outstanding Securities so affected. Any failure of the Company so to provide such notice, or any defect therein, shall not in any way impair or affect the validity of any such supplemental indenture. 

SECTION 10.03 Compliance with Trust Indenture Act; Effect of Supplemental Indentures. 

Any supplemental indenture executed pursuant to the provisions of this Article Ten shall comply with the Trust Indenture Act, as then in
effect. Upon the execution of any supplemental indenture pursuant to the provisions of this Article Ten and subject to the provisions in any supplemental indenture relating to the prospective application of such instrument, this Indenture
shall be and be deemed to be modified and amended in accordance therewith and the respective rights, limitations of rights, obligations, duties and immunities under this Indenture of the Trustee, the Company and the holders of Securities theretofore
or thereafter authenticated and delivered hereunder shall thereafter be determined, exercised and enforced hereunder subject in all respects to such modifications and amendments, and all the terms and conditions of any such supplemental indenture
shall be and be deemed to be part of the terms and conditions of this Indenture for any and all purposes. 

  
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 The Trustee, subject to the provisions of Sections 7.01 and 7.02, shall be entitled
to receive and shall be fully protected in relying upon an Opinion of Counsel as conclusive evidence that any such supplemental indenture complies with the provisions of this Article Ten. 

SECTION 10.04 Notation on Securities. 

Securities of any series authenticated and delivered after the execution of any supplemental indenture pursuant to the provisions of this
Article Ten may bear a notation in form approved by the Trustee as to any matter provided for in such supplemental indenture. New Securities of any series so modified as to conform, in the opinion of the Trustee and the Company, to any
modification of this Indenture contained in any such supplemental indenture may be prepared by the Company, authenticated by the Trustee and delivered, without charge to the securityholders, in exchange for such Securities then Outstanding. 

ARTICLE ELEVEN 
 CONSOLIDATION,
MERGER, SALE, CONVEYANCE OR TRANSFER 
 SECTION 11.01 Company May Consolidate, etc., on Certain Terms. 

The Company covenants that it will not merge into or consolidate with any other Person or sell, convey or transfer all or substantially all of
its assets to any Person, other than a sale, conveyance or transfer of all or substantially all of its assets to one or more Subsidiaries, unless (1) either the Company shall be the continuing corporation, or the successor Person (if other than
the Company) shall be organized and existing under the laws of the United States of America or a state thereof or the District of Columbia and such successor Person shall expressly assume the due and punctual payment of the principal of (and
premium, if any, on) and any interest or other amounts payable on all the Securities, according to their tenor, and the due and punctual performance and observance of all of the covenants and conditions of this Indenture to be performed by the
Company by supplemental indenture satisfactory to the Trustee, executed and delivered to the Trustee by such successor Person, and (2) the Company or such successor Person, as the case may be, shall not, immediately after such merger or
consolidation, or such sale, conveyance or transfer, be in default in the performance of any such covenant or condition. 
 SECTION 11.02 Successor
Substituted. 
 In case of any such consolidation, merger, sale, conveyance or transfer and upon any such assumption by the successor
Person as described in Section 11.01, such successor Person shall succeed to and be substituted for, and may exercise every right and power of, the Company under this Indenture with the same effect as if it had been named
herein originally as the Company. Such successor Person thereupon may cause to be signed, and may issue either in its own name or in the name of Bank of America Corporation, Securities issuable hereunder which theretofore shall not have been signed
by the Company and delivered to the Trustee; and, upon the order of such successor Person, instead of the Company, and subject to all the terms, conditions and limitations in this Indenture prescribed, the Trustee shall authenticate and shall make
available for delivery any Securities which previously shall have been signed and delivered by the officers of the Company to the Trustee for authentication, and any Securities which such successor Person thereafter shall cause to be signed and
delivered to the Trustee for that purpose. All of the Securities so issued shall in all respects have the same legal rank and benefit under this Indenture as the Securities theretofore or thereafter issued in accordance with the terms of this
Indenture as though all of such Securities had been issued at the date of the execution thereof. 

  
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 In case of any such consolidation, merger, sale, conveyance or transfer, such changes in
phraseology and form (but not in substance) may be made in the Securities thereafter to be issued as may be appropriate. 
 SECTION 11.03 Opinion of
Counsel and Officer’s Certificate to Be Given Trustee. 
 The Trustee shall receive an Opinion of Counsel and
Officer’s Certificate as conclusive evidence that any such consolidation, merger, sale, conveyance or transfer, and any such assumption, complies with the provisions of this Article Eleven and that all conditions precedent herein
provided for relating to such transaction have been complied with. 
 ARTICLE TWELVE 

SATISFACTION AND DISCHARGE OF INDENTURE 

SECTION 12.01 Discharge of Indenture. 

If at any time 
 (a) the Company
shall have delivered to the Trustee for cancellation all of the Securities of a series (which phrase “Securities of a series” or any similar terms shall mean, for purposes of this Article Twelve, Securities having identical terms,
except as to issue date, principal amount and, if applicable, the date from which interest begins to accrue, transfer restrictions and registration rights) theretofore authenticated (other than (i) Securities which have been destroyed, lost or
stolen and which have been replaced or paid as provided in Section 2.09 and (ii) Securities for whose payment money has theretofore been deposited in trust or segregated and held in trust by the Company and thereafter
repaid to the Company or discharged from such trust as provided in Section 4.03), or 
 (b) all such Securities not
theretofore delivered to the Trustee for cancellation (i) shall have become due and payable, or (ii) are by their terms to become due and payable within one year or (iii) are to be called for redemption within one year under
arrangements satisfactory to the Trustee for the giving of notice of redemption, and the Company in the case of (i), (ii) or (iii) above shall have deposited or caused to be deposited with the Trustee as trust funds the entire amount (other
than moneys repaid by the Trustee or any Paying Agent to the Company in accordance with Section 15.14) sufficient to pay at maturity or upon redemption all such Securities not therefore delivered to the Trustee for
cancellation, including the principal of (and premium, if any, on) and any interest or other amounts payable or to become due on such Securities to such date of maturity or date fixed for redemption, as the case may be, 

and, if in either case the Company shall also pay or cause to be paid all other sums payable hereunder by the Company with respect to such Securities, then
this Indenture shall cease to be of further effect with respect to such Securities, and the Trustee, on demand of and at the cost and expense of the Company and subject to Section 15.05, shall execute proper instruments
acknowledging satisfaction of and discharging this Indenture with respect to such Securities. The Company agrees to reimburse the Trustee for any costs or expenses thereafter reasonably and properly incurred by the Trustee in connection with this
Indenture or such Securities. Notwithstanding the satisfaction and discharge of this Indenture with respect to the Securities of any series or of all series, the obligations of the Company to the Trustee under Section 7.06
shall survive. 
 The Company will deliver to the Trustee an Officer’s Certificate and an Opinion of Counsel which together shall state
that all conditions precedent herein provided for relating to the satisfaction and discharge of this Indenture have been complied with. 

  
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 SECTION 12.02 Deposited Moneys to Be Held in Trust by Trustee. 

Subject to the provisions of the last paragraph of Section 4.03, all moneys deposited with the Trustee pursuant to
Section 12.01 shall be held in trust and applied by it to the payment, either directly or through any Paying Agent (including the Company acting as its own Paying Agent), to the persons entitled thereto, of all sums due and
to become due thereon for the principal of (and premium, if any, on) and any interest or other amounts payable for which payment of such money has been deposited with the Trustee. 

SECTION 12.03 Paying Agent to Repay Moneys Held. 

In connection with the satisfaction and discharge of this Indenture with respect to the Securities of a series and the payment of all amounts
due to the Trustee under Section 7.06, all moneys with respect to such Securities then held by any Paying Agent under the provisions of this Indenture shall, upon demand of the Company, be repaid to it or paid to the
Trustee and thereupon such Paying Agent shall be released from all further liability with respect to such moneys. 
 ARTICLE THIRTEEN 

IMMUNITY OF INCORPORATORS, STOCKHOLDERS, OFFICERS AND DIRECTORS 

SECTION 13.01 Indenture and Securities Solely Corporate Obligations. 

No recourse under or upon any obligation, covenant or agreement contained in this Indenture, or in any Security, or because of any indebtedness
evidenced thereby, shall be had against any incorporator, or against any past, present or future stockholder, officer or director, as such, of the Company or of any successor, either directly or through the Company or any successor, under any rule
of law, statute or constitutional provision or by the enforcement of any assessment or by any legal or equitable proceeding or otherwise, all such liability being expressly waived and released by the acceptance of the Securities by the holders
thereof and as part of the consideration for the issue of the Securities. 
 ARTICLE FOURTEEN 

DEFEASANCE AND COVENANT DEFEASANCE 

SECTION 14.01 Applicability of Article. 

If, as specified pursuant to Section 2.03(b), provision is made that either or both of (a) defeasance of the
Securities of a series under Section 14.02 and (b) covenant defeasance of the Securities of a series under Section 14.03 shall apply to the Securities of a series, then the provisions of such
Section 14.02 and Section 14.03, together with Sections 14.04 and 14.05, shall be applicable to the Outstanding Securities of a series upon compliance with the conditions set forth
below in this Article Fourteen. For purposes of this Article Fourteen, the phrase “Securities of a series” and any similar terms shall mean Securities having identical terms, except as to issue date, principal amount and, if
applicable, the date from which interest begins to accrue, transfer restrictions and registration rights. 
 SECTION 14.02 Defeasance and
Discharge. 
 Subject to Section 14.05, the Company may cause itself to be discharged from its obligations with
respect to the Outstanding Securities of a series on and after the date the applicable conditions precedent set forth below are satisfied but subject to satisfaction of the applicable conditions subsequent set forth below (hereinafter,
“defeasance”). For this purpose, such defeasance means that the Company shall be 

  
 49 

 
deemed to have paid and discharged the entire indebtedness represented by such Outstanding Securities and to have satisfied all its other obligations under such Securities and this Indenture
insofar as such Securities are concerned (and the Trustee, at the expense of the Company, shall execute proper instruments acknowledging the same), except for the following which shall survive until otherwise terminated or discharged hereunder:
(A) the rights of holders of such Outstanding Securities to receive, solely from the trust fund described in Section 14.04 and as more fully set forth in such Section, payments of the principal of (and premium, if any,
on) and any interest or other amounts payable on such Securities when such payments are due, (B) the Company’s obligations with respect to such Securities under Sections 2.07, 2.08, 2.09, 4.02 and 4.03
and such obligations as shall be ancillary thereto, (C) the rights, powers, trusts, duties, immunities and other provisions in respect of the Trustee hereunder and (D) this Article Fourteen. Subject to compliance with this
Article Fourteen, defeasance with respect to Securities of a series by the Company is permitted under this Section 14.02 notwithstanding the prior exercise of its rights under Section 14.03
with respect to such Securities. Following a defeasance, payment of such Securities may not be accelerated because of an Event of Default. 

SECTION 14.03 Covenant Defeasance. 

The Company shall be released from its obligations applicable to the Outstanding Securities of a series under
Section 4.04 and Section 11.01 and, if so specified pursuant to Section 2.03(b), any other restrictive covenant added for the benefit of such Securities pursuant to
Section 2.03(b) (and the occurrence of any event specified in the definition of “Covenant Breach” in Section 1.01 (with respect to Section 4.04 and
Section 11.01 and any such other covenants, as applicable) or Section 6.01(c) shall not be deemed to be or result in an Event of Default, a Covenant Breach or a Default), on and after the date the
applicable conditions precedent set forth below are satisfied but subject to satisfaction of the applicable conditions subsequent set forth below (hereinafter, “covenant defeasance”). For this purpose, such covenant defeasance means that,
with respect to such Outstanding Securities, the Company may omit to comply with and shall have no liability in respect of any term, condition or limitation set forth in any such Section, whether directly or indirectly by reason of any reference
elsewhere herein to any such Section or by reason of any reference in any such Section to any other provision herein or in any other document, but the remainder of this Indenture and such Securities shall be unaffected thereby. 

SECTION 14.04 Conditions to Defeasance or Covenant Defeasance. 

The following shall be the conditions precedent or, as specifically noted below, subsequent to application of either
Section 14.02 or Section 14.03 to the Outstanding Securities of a series: 
 (1) The
Company shall irrevocably have deposited or caused to be deposited with the Trustee as trust funds in trust for the purpose of making the following payments, specifically pledged as security for, and dedicated solely to, the benefit of the holders
of such Securities, (A) money in an amount, or (B) U.S. Government Obligations which through the scheduled payment of principal and interest in respect thereof in accordance with their terms will provide, not later than the opening of
business on the due date of any payment, money in an amount, or (C) a combination thereof, sufficient, without reinvestment, in the opinion of a nationally recognized firm of independent public accountants expressed in a written certification
thereof delivered to the Trustee, to pay and discharge, and which shall be applied by the Trustee to pay and discharge, (i) the principal of and any premium, interest or other amounts payable on the Outstanding Securities of such series to
maturity or redemption, as the case may be, and (ii) any mandatory sinking fund payments or analogous payments applicable to the Outstanding Securities of such series on the due dates thereof. Before such a deposit the Company may make
arrangements satisfactory to the Trustee for the redemption of Securities at a future date or dates in accordance with Article Three which shall be given effect in applying the foregoing; 

  
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 (2) No Event of Default, Covenant Breach or Default, or event which after notice or lapse of
time, or both, would become an Event of Default, a Covenant Breach or a Default with respect to such Securities of a series, shall have happened and be continuing (A) on the date of such deposit or (B) insofar as subsections 6.03(a)
and (b) are concerned, at any time during the period ending on the 91st day after the date of such deposit or, if longer, ending on the day following the expiration of the longest preference period applicable in respect of such deposit
(it being understood that the condition in this clause (B) is a condition subsequent and shall not be deemed satisfied until the expiration of such period); 

(3) Such defeasance or covenant defeasance shall not (A) cause the Trustee for the Securities of such series to have a conflicting
interest as described in Section 7.08 or for purposes of the Trust Indenture Act with respect to any securities of the Company or (B) result in the trust arising from such deposit to constitute, unless it is qualified
as, a regulated investment company under the Investment Company Act of 1940, as amended; 
 (4) Such defeasance or covenant defeasance shall
not result in a breach or violation of, or constitute a default under, this Indenture or any other agreement or instrument to which the Company is a party or by which it is bound; 

(5) In the case of a defeasance under Section 14.02, the Company shall have delivered to the Trustee an Opinion of
Counsel stating that (x) the Company has received from, or there has been published by, the U.S. Internal Revenue Service a ruling, or (y) since the date of this Indenture there has been a change in the applicable United States federal
income tax law, in either case to the effect that, and based thereon such opinion shall confirm that, the holders of such Securities will not recognize income, gain or loss for United States federal income tax purposes as a result of such defeasance
and will be subject to United States federal income tax on the same amounts, in the same manner and at the same times as would have been the case if such defeasance had not occurred; 

(6) In the case of covenant defeasance under Section 14.03, the Company shall have delivered to the Trustee an
Opinion of Counsel to the effect that the holders of such Securities will not recognize income, gain or loss for United States federal income tax purposes as a result of such covenant defeasance and will be subject to United States federal income
tax on the same amounts, in the same manner and at the same times as would have been the case if such covenant defeasance had not occurred; 

(7) Such defeasance or covenant defeasance shall be effected in compliance with any additional terms, conditions or limitations which may be
imposed on the Company in connection therewith pursuant to Section 2.03(b); and 
 (8) The Company shall have
delivered to the Trustee an Officer’s Certificate and an Opinion of Counsel, each stating that all conditions precedent and subsequent provided for in this Indenture relating to either the defeasance under
Section 14.02 or the covenant defeasance under Section 14.03, as the case may be, have been complied with. 

SECTION 14.05 Deposited Money and U.S. Government Obligations to be Held in Trust; Other Miscellaneous Provisions. 

All money and U.S. Government Obligations (including the proceeds thereof) deposited with the Trustee pursuant to
Section 14.04 in respect of the Outstanding Securities of a series shall be held in trust and applied by the Trustee, in accordance with the provisions of such Securities and this Indenture, to the

  
 51 

 
payment, either directly or through any Paying Agent (but not including the Company acting as its own Paying Agent) as the Trustee may determine, to the holders of such Securities of all sums due
and to become due thereon in respect of principal and any premium and interest, but such money need not be segregated from other funds except to the extent required by law. 

The Company shall pay and indemnify the Trustee against any tax, fee or other charge imposed on or assessed against the money or U.S.
Government Obligations deposited pursuant to Section 14.04 or the principal and interest received in respect thereof. 

Anything herein to the contrary notwithstanding, the Trustee shall deliver or pay to the Company from time to time upon Company Request any
money or U.S. Government Obligations held by it as provided in Section 14.04 which, in the opinion of a nationally recognized firm of independent public accountants expressed in a written certification thereof delivered to
the Trustee, are in excess of the amount thereof which would then be required to be deposited to effect an equivalent defeasance or covenant defeasance, provided that the Trustee shall not be required to liquidate any U.S. Government Obligations in
order to comply with the provisions of this paragraph. 
 Anything herein to the contrary notwithstanding, if and to the extent the
deposited money or U.S. Government Obligations (or the proceeds thereof) either (i) cannot be applied by the Trustee in accordance with this Section because of a court order or (ii) are for any reason insufficient in amount, then the
Company’s obligations to pay principal of and any premium, interest and other amounts payable on such Securities shall be reinstated to the extent necessary to cover the deficiency on any due date for payment. In any such case, the
Company’s interest in the deposited money and U.S. Government Obligations (and proceeds thereof) shall be reinstated to the extent the Company’s payment obligations are reinstated. 

ARTICLE FIFTEEN 
 MISCELLANEOUS
PROVISIONS 
 SECTION 15.01 Benefits of Indenture Restricted to Parties and Securityholders. 

Nothing in this Indenture or in the Securities, expressed or implied, shall give or be construed to give to any person, firm or corporation,
other than the parties hereto and their successors and assigns and the holders of the Securities, any legal or equitable right, remedy or claim under this Indenture or under any covenant or provision herein contained, all such covenants and
provisions being for the sole benefit of the parties hereto and their successors and assigns and the holders of the Securities. 
 SECTION 15.02
Provisions Binding on Successors. 
 All the covenants, stipulations, promises and agreements in this Indenture made by or on behalf
of the Company shall bind its successors and assigns, whether so expressed or not. 
 SECTION 15.03 Addresses for Notices, etc., to Company and
Trustee. 
 Any notice or demand which by any provisions of this Indenture is required or permitted to be made upon, given, served or
furnished by the Trustee or by the holders of Securities to or on the Company shall be sufficiently made, given, served or furnished if it shall be mailed by postage prepaid first class mail, delivered or sent by facsimile to Bank of America
Corporate Center, 100 North Tryon Street, NC1-007-06-11, Charlotte, North Carolina 28255; Facsimile number: 704-548-5999, Attention: Corporate Treasury—Strategic Asset and Liability Management, with a copy to Bank of America Corporation, Legal Department, 214 North Tryon
Street, NC1-027-18-05, Charlotte, North Carolina 28255; Facsimile number (980) 386-0420,
Attention: General Counsel, or such other address or facsimile number as may have been furnished in writing to the Trustee by the Company. 

  
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 Any notice, direction, request or demand by any securityholder to or upon the Trustee shall be
deemed to have been sufficiently given or made, for all purposes, if given or made in writing at the Corporate Trust Office of the Trustee. 

The Trustee shall be entitled to treat a facsimile, pdf or e-mail communication or communication by
other similar electronic means in a form satisfactory to it (each, an “Electronic Method” and together, “Electronic Methods”) from a person purporting to be, and whom the Trustee, acting reasonably, believes in good faith to be,
the authorized representative of the Company as sufficient instructions and authority of the Company for the Trustee to act and shall have no duty to confirm that person is so authorized, other than, with respect to the Company, to verify that any
signature is the signature of a person authorized to give instructions and directions on behalf of the Company using the information provided by the Company in an incumbency certificate listing persons designated to give such instructions or
directions and containing specimen signatures of such designated persons. The Trustee shall have no liability for any losses, liabilities, costs or expenses incurred by it as a result of such reliance upon or compliance with such instructions or
directions, except in the case of its negligence, bad faith or willful misconduct, until such time as the Trustee receives any subsequent instruction or direction that supersedes such earlier instructions or directions. The Company assumes all risks
arising out of the use of such Electronic Methods to submit instructions and directions to the Trustee, including without limitation the risk of the Trustee acting on unauthorized instructions, and the risk of interception and misuse by third
parties, other than those risks arising out of negligence, bad faith or willful misconduct of the Trustee. 
 SECTION 15.04 Notice to Holders of
Securities; Waiver. 
 Except as otherwise expressly provided herein, where this Indenture provides for notice to holders of Securities
of any event, such notice shall be sufficiently given if in writing and mailed, first- class postage prepaid, to each holder of a Security affected by such event, at the address of such holder as it appears in the Security Register, not earlier than
the earliest date (if any) and not later than the latest date (if any) prescribed for the giving of such notice. 
 In case by reason of the
suspension of regular mail service or by reason of any other cause it shall be impracticable to give such notice to holders of Securities by mail, then such notification as shall be made with the approval of the Trustee shall constitute sufficient
notice to such holders for every purpose hereunder. In any case where notice to holders is given by mail, neither the failure to mail such notice, nor any defect in any notice so mailed, to any particular holder of a Security shall affect the
sufficiency of such notice with respect to other holders of Securities. 
 Where this Indenture provides for notice of any event to a holder
of a Global Security, such notice shall be sufficiently given if given to the Depositary for such Security (or its designee), pursuant to the procedures of such Depositary then in place, not earlier than the earliest date (if any) and not later than
the latest date (if any) prescribed for the giving of such notice. 
 Where this Indenture provides for notice in any manner, such notice
may be waived in writing by the person entitled to receive such notice, either before or after the event, and such waiver shall be the equivalent of such notice. Waivers of notice by holders of Securities shall be filed with the Trustee, but such
filing shall not be a condition precedent to the validity of any action taken in reliance upon such waiver. 

  
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 Any request, demand, authorization, direction, notice, consent or waiver required or permitted
under this Indenture shall be in the English language. 
 SECTION 15.05 Evidence of Compliance with Conditions Precedent. 

Upon any application or demand by the Company to the Trustee to take any action under any of the provisions of this Indenture, the Company
shall furnish to the Trustee an Officer’s Certificate stating that all conditions precedent, if any, provided for in this Indenture relating to the proposed action have been complied with and an Opinion of Counsel stating that in the opinion of
such counsel all such conditions precedent, if any, have been complied with, except that in the case of any such application or demand as to which the furnishing of such documents is specifically required by any provision of this Indenture relating
to such particular application or demand, no additional certificate or opinion need be furnished. 
 Each Officer’s Certificate and
Opinion of Counsel provided for in this Indenture and delivered to the Trustee with respect to compliance with a condition or covenant provided for in this Indenture shall include (1) a statement that the person making such certificate or
opinion has read such covenant or condition; (2) a brief statement as to the nature and scope of the examination or investigation upon which the statements or opinions contained in such certificate or opinion are based; (3) a statement
that, in the opinion of such person, he or she has made such examination or investigation as is necessary to enable him or her to express an informed opinion as to whether or not such covenant or condition has been complied with; and (4) a
statement as to whether or not, in the opinion of such person, such condition or covenant has been complied with. 
 SECTION 15.06 Legal
Holidays. 
 Unless otherwise specified for the Securities of a series as contemplated by Section 2.03(b), in
any case where the date of maturity of interest on or principal of the Securities or the date fixed for redemption or repayment for any Securities shall be a day that is not a business day, then payment of interest or principal (and premium, if
any), or any other amounts payable, need not be made on such date but may be made on the next succeeding business day with the same force and effect as if made on the date of maturity or the date fixed for redemption or repayment, and no interest
shall accrue for the period after such date. 
 SECTION 15.07 Trust Indenture Act to Control. 

If and to the extent that any provision of this Indenture limits, qualifies or conflicts with another provision included in this Indenture
which is required to be included in this Indenture by any of Sections 310 to 317, inclusive, of the Trust Indenture Act, such required provision shall control. 

SECTION 15.08 Execution in Counterparts. 

This Indenture may be executed in any number of counterparts, each of which shall be an original; but such counterparts shall together
constitute but one and the same instrument. 
 SECTION 15.09 Governing Law; Consent to Jurisdiction. 

This Indenture and each Security shall be deemed to be a contract made under the laws of the State of New York, and for all purposes shall be
governed by and construed in accordance with the laws of the State of New York. 
 The Company and the Trustee hereby irrevocably consent
and submit to the nonexclusive jurisdiction of any New York State court sitting in the Borough of Manhattan in the City of New York or any federal court sitting in the Borough of Manhattan in the City of New York in respect of any suit, action or
proceeding arising out of or relating to this Indenture or the Securities. 

  
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 SECTION 15.10 Separability Clause. 

In case any provision in this Indenture or in the Securities shall be invalid, illegal or unenforceable, the validity, legality and
enforceability of the remaining provisions shall not in any way be affected or impaired thereby. 
 The Trustee, by its execution of this
Indenture, hereby accepts the trusts in this Indenture declared and provided, upon the terms and conditions hereinabove set forth. 
 SECTION 15.11
Waiver of Jury Trial. 
 EACH OF THE COMPANY AND THE TRUSTEE, AND EACH HOLDER OF A SECURITY BY ITS ACCEPTANCE THEREOF, HEREBY
IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF OR RELATING TO THIS INDENTURE, THE SECURITIES OR THE TRANSACTIONS CONTEMPLATED HEREBY. 

SECTION 15.12 Force Majeure. 
 In no
event shall the Trustee be responsible or liable for any failure or delay in the performance of its obligations under this Indenture arising out of or caused by, directly or indirectly, forces beyond its reasonable control, including, without
limitation, the occurrence of strikes, acts of war or terrorism, civil or military disturbances, nuclear or natural catastrophes or acts of God and statewide or countrywide interruptions or losses of utilities or communications services; it being
understood that the Trustee shall use reasonable efforts that are consistent with accepted practices in the banking industry to resume performance as soon as practicable under those circumstances. 

SECTION 15.13 Foreign Account Tax Compliance Act (FATCA). 

The Trustee shall be entitled to deduct FATCA Withholding Tax (as hereinafter defined), and shall have no obligation to gross-up any payment hereunder or to pay any additional amount as a result of such FATCA Withholding Tax. Each of the Company and the Trustee agrees to cooperate and to provide the other with such reasonably
requested information as each may have in its possession to enable the determination of whether any payments pursuant to this Indenture are subject to any tax, assessment or other governmental charge that is imposed or withheld by reason of the
application of Section 1471 through 1474 of the U.S. Internal Revenue Code of 1986, as amended (or any successor provision), any regulation, pronouncement or agreement thereunder, official interpretation thereof or any law implementing an
intergovernmental approach thereto, whether currently in effect or as published and amended from time to time (“FATCA Withholding Tax”). 

SECTION 15.14 Return of Unclaimed Moneys. 

Any moneys deposited with or paid to the Trustee or any Paying Agent for the payment of the principal of (and premium, if any, on) or interest
or other amounts payable on any Security hereunder, including, without limitation, any such moneys deposited pursuant to Article Twelve or Article Fourteen, and not applied but remaining unclaimed for two years after the date upon
which such principal (and premium, if any, on) or interest or other amounts payable shall have become due and payable, shall be repaid to the Company by the Trustee or such Paying Agent on demand, and the holder of such Security shall thereafter, as
an unsecured general creditor, look only to the Company for any payment which such holder may be entitled to collect and all liability of the Trustee or any Paying Agent with respect to such moneys shall thereupon cease. 

  
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 ARTICLE SIXTEEN 

SUBORDINATION OF SECURITIES 
 SECTION 16.01
Securities Subordinate to Senior Indebtedness. 
 The Company, for itself, its successors and assigns, covenants and agrees, and each
holder of Securities, by his or her acceptance thereof, likewise covenants and agrees, that anything in this Indenture or such Securities notwithstanding, all Securities issued hereunder shall be subordinated and subject, to the extent and in the
manner herein set forth, in right of payment to the prior payment in full of all Senior Indebtedness. The provisions of this Article Sixteen are made for the benefit of all holders of Senior Indebtedness, and any such holder of Senior
Indebtedness may proceed to enforce such provisions. 
 SECTION 16.02 Payment Over of Proceeds Upon Dissolution, etc. 

No payment on account of principal of (and premium, if any, on) or interest or other amount due on the Securities shall be made, and no
Securities shall be purchased, either directly or indirectly, by the Company or any of its subsidiaries, if any default or event of default with respect to any Senior Indebtedness, which permits or with the giving of notice or passage of time or
both would permit the holders thereof (or a trustee on their behalf) to accelerate the maturity thereof, shall have occurred and be continuing and the Company and the Trustee shall have received written notice thereof from the holders of at least
ten percent in principal amount of any kind or category of any Senior Indebtedness (or the representative or representatives of such holders) or the Trustee shall have received written notice thereof from the Company. 

In the event that any Security is declared due and payable before the date on which the principal thereof is due and payable as specified in
such Security pursuant to Article Six, or upon any payment or distribution of assets of the Company of any kind or character, whether in cash, property or securities, to creditors upon any dissolution or winding up or total or partial
liquidation or reorganization of the Company, whether voluntary or involuntary or in bankruptcy, insolvency, receivership or other proceedings, all principal of (and premium, if any, on) and interest or other amounts payable due or to become due
upon all Senior Indebtedness shall first be paid in full before the securityholders, or the Trustee, shall be entitled to retain any assets (other than shares of stock of the Company as reorganized or readjusted or securities of the Company or any
other corporation provided for by a plan of reorganization or readjustment, the payment of which is subordinated, at least to the same extent as the Securities, to the payment of all Senior Indebtedness which may at the time be outstanding, provided
that the rights of the holders of the Senior Indebtedness are not altered by such reorganization or readjustment) so paid or distributed in respect of the Securities (for principal, premium, interest or other amounts payable); and upon such
dissolution or winding up or liquidation or reorganization, any payment or distribution of assets of the Company of any kind or character, whether in cash, property or securities (other than shares of stock of the Company as reorganized or
readjusted or securities of the Company or any other corporation provided for by a plan of reorganization or readjustment, the payment of which is subordinated, at least to the same extent as the Securities, to the payment of all Senior Indebtedness
which may at the time be outstanding, provided that the rights of the holders of the Senior Indebtedness are not altered by such reorganization or readjustment), to which the securityholders or the Trustee would be entitled, except for the
provisions of this Section 16.02, shall be paid by the Company or by any receiver, trustee in bankruptcy, liquidating trustee, agent or other person making such payment or distribution, or by the securityholders or the
Trustee if received by them or it, directly to the holders of Senior Indebtedness (pro rata to each such holder on the 

  
 56 

 
basis of the respective amounts of Senior Indebtedness held by such holder) or their representatives, to the extent necessary to pay all Senior Indebtedness in full, after giving effect to any
concurrent payment or distribution to or for the holders of Senior Indebtedness, before any payment or distribution is made to any holders of the Securities or to the Trustee. 

No holders of Senior Indebtedness shall be prejudiced in their right to enforce subordination of the Securities by any act or failure to act
on the part of the Company. 
 Subject to the payment in full of all Senior Indebtedness, the holders of the Securities shall be subrogated
(equally and ratably with the holders of all indebtedness of the Company which, by its express terms, ranks on a parity with the Securities and is entitled to like rights of subrogation) to the rights of the holders of Senior Indebtedness to receive
payments or distributions of assets of the Company applicable to the Senior Indebtedness until the Securities shall be paid in full. For purposes of such subrogation, no payments or distributions on the Senior Indebtedness pursuant to this
Section 16.02 shall, as between the Company, its creditors other than the holders of Senior Indebtedness, and the holders of the Securities, be deemed to be a payment by the Company to or on account of the Senior
Indebtedness, and no payments or distributions to the Trustee or the holders of the Securities of assets by virtue of the subrogation herein provided for shall, as between the Company, its creditors other than the holders of Senior Indebtedness, and
the holders of the Securities, be deemed to be a payment to or on account of the Securities. The provisions of this Article Sixteen are and are intended solely for the purpose of defining the relative rights of the holders of the Securities,
on the one hand, and the holders of Senior Indebtedness, on the other hand, and nothing contained in this Article Sixteen or elsewhere in this Indenture or in the Securities is intended to or shall impair the obligation of the Company, which
is unconditional and absolute, to pay the principal of (and premium, if any on) and interest or other amounts payable on the Securities as and when the same shall become due and payable in accordance with their terms, or to affect the relative
rights of the holders of the Securities and creditors of the Company other than the holders of Senior Indebtedness, nor shall anything herein or therein prevent the Trustee or the holder of any Security from exercising all remedies otherwise
permitted by applicable law upon default under this Indenture, subject to the rights, if any, under this Article Sixteen, of the holders of Senior Indebtedness in respect of cash, property or securities of the Company otherwise payable or
delivered to the Trustee or such holder of the Securities upon the exercise of any such remedy. 
 Upon any payment or distribution pursuant
to this Section 16.02, the Trustee, subject to the provisions of Section 7.01 and Section 7.02(a), and the holders of the Securities shall be entitled to rely conclusively
upon any order or decree of a court of competent jurisdiction in which any proceedings of the nature referred to in this Section 16.02 are pending, and the Trustee, subject to the provisions of
Section 7.01 and Section 7.02(a), and the holders of the Securities shall be entitled to rely conclusively upon a certificate of the liquidating trustee or agent or other person making such payment
or distribution delivered to the Trustee or to the holders of the Securities for the purpose of ascertaining the persons entitled to participate in such payment or distribution, the holders of the Senior Indebtedness and other indebtedness of the
Company, the amount thereof or payable thereon, the amount or amounts paid or distributed thereon and all other facts pertinent thereto or to this Section 16.02. Subject to the provisions of
Section 7.01 and Section 7.02(a), the Trustee shall be entitled to conclusively rely on the delivery to it of a written notice by a person representing himself to be a holder of Senior Indebtedness
(or a trustee or agent on behalf of such holder) to establish that such notice has been given by a holder of Senior Indebtedness (or a trustee or agent on behalf of any such holder). In the event that the Trustee determines, in good faith, that
further evidence is required with respect to the right of any person as a holder of Senior Indebtedness to participate in any payment or distribution pursuant to this Section 16.02, the Trustee may request such person to
furnish evidence to the reasonable satisfaction of the Trustee as to the amount of Senior Indebtedness held by such person, as to the extent to which such person is entitled to participate in such payment or distribution, and as to other facts
pertinent to the rights of such person under this Section 16.02, and if such evidence is not furnished, the Trustee may defer any payment to such person pending judicial determination as to the right of such person to
receive such payment. 

  
 57 

 Nothing contained in this Article Sixteen or elsewhere in this Indenture, or in any of the
Securities, shall prevent (a) the application by the Trustee or any Paying Agent of any money deposited with it hereunder to the payment of or on account of the principal of (and premium, if any, on) or any interest or other amounts payable on
Securities if, at the time of such deposit (provided that the time of such deposit was not more than ten days prior to the time of such payment), such payment would not have been prohibited by the foregoing provisions of this
Section 16.02, or (b) any payment by the Company or the Trustee to the holders of the Securities of money in connection with a redemption of Securities if (1) notice of such redemption has been given to the
holders of the Securities to be redeemed pursuant to Article Three hereof prior to the receipt by the Trustee of the written notice referred to in Section 16.04 and (2) such notice of redemption is given not
earlier than 60 calendar days (or such other period of time as may be specified for Securities of a series pursuant to Section 2.03(b)) before the date fixed for redemption. 

SECTION 16.03 Trustee to Effectuate Subordination. 

The holder of each Security by his acceptance thereof authorizes and directs the Trustee in his behalf to take such action as may be necessary
or appropriate to acknowledge or effectuate the subordination as provided in this Article Sixteen and appoints the Trustee as attorney-in-fact for any and all
such purposes. 
 SECTION 16.04 Trustee Not Charged with Knowledge of Prohibition. 

The Company shall provide prompt written notice (which may be in the form of electronic mail or facsimile transmission or other acceptable
Electronic Method) to the Trustee of any fact known to the Company which would prohibit the making of any payment to or by the Trustee in respect of any series of the Securities; provided, however, that failure to give such notice shall not
affect the subordination of the Securities to any Senior Indebtedness. Notwithstanding the provisions of this Article Sixteen or any other provision of this Indenture, but subject to the provisions of Section 7.01,
neither the Trustee nor any Paying Agent shall be charged with knowledge of the existence of any Senior Indebtedness, or of any default in the payment of the principal of (or premium, if any, on) or interest or other amounts payable on any Senior
Indebtedness, or of any facts which would prohibit the making of any payment of money to or by the Trustee or any such Paying Agent, unless and until the Trustee or such Paying Agent shall have received written notice thereof from the Company or the
holders of at least ten percent in principal amount of any kind or category of any Senior Indebtedness or the representative or representatives of such holders (certified by the Company or otherwise established to the reasonable satisfaction of the
Trustee or such Paying Agent to be such holders or representatives); nor shall the Trustee or any such Paying Agent be charged with knowledge of the curing or waiving of any such default or of the elimination of the act or condition preventing any
such payment unless and until the Trustee or such Paying Agent shall have received an Officer’s Certificate to such effect, and prior to the receipt of any such writing the Trustee shall be entitled to assume that no such facts exist and that
no such cure or waiver has occurred; provided, however, that, if not less than three business days prior to the date upon which by the terms hereof any such moneys may become payable for any purpose (including, without limitation, the payment
of the principal of or interest on any Security), the Trustee or such Paying Agent shall not have received with respect to such money the notice provided for in this Section, then, anything herein contained to the contrary notwithstanding, the
Trustee or such Paying Agent shall have full power and authority to receive such money and to apply the same to the purpose for which they were received and shall not be affected by any notice to the contrary which may be received by it on or after
such date. 

  
 58 

 SECTION 16.05 Rights of Trustee as Holder of Senior Indebtedness. 

The Trustee shall be entitled to all the rights set forth in this Article Sixteen with respect to any Senior Indebtedness which may at
any time be held by it, to the same extent as any other holder of Senior Indebtedness; and nothing in Section 7.12, or elsewhere in this Indenture, shall deprive the Trustee of any of its rights as such holder. Nothing in
this Article Sixteen shall apply to claims of, or payments to, the Trustee under or pursuant to Section 7.06. 

SECTION 16.06 Trustee Not Fiduciary for Holders of Senior Indebtedness. 

The Trustee shall not be deemed to owe any fiduciary duty to the holders of Senior Indebtedness and shall not be liable to any such holders if
it shall mistakenly pay over or distribute to the holders of the Securities or the Company or any other person moneys or assets to which any holders of Senior Indebtedness shall be entitled by virtue of this Article Sixteen or otherwise. With
respect to any holders of Senior Indebtedness, the Trustee undertakes to perform or to observe only such of its covenants or obligations as are specifically set forth in this Article Sixteen and no implied covenants or obligations with
respect to holders of Senior Indebtedness shall be read into this Indenture against the Trustee. 
 SECTION 16.07 Article Applicable to Paying
Agents. 
 In case at any time any Paying Agent other than the Trustee shall have been appointed by the Company and be then acting
hereunder, the term “Trustee” as used in this Article shall in such case (unless the context shall otherwise require) be construed as extending to and including such Paying Agent within its meaning as fully for all intents and purposes as
if such Paying Agent were named in this Article Sixteen in addition to or in place of the Trustee; provided, however, that Sections 16.04, 16.05 and 16.06 shall not apply to the Company if it acts as Paying Agent.

 The Trustee, by its execution of this Indenture, hereby accepts the trusts in this Indenture declared and provided, upon the terms and
conditions hereinabove set forth. 
 SECTION 16.08 Subordination May Not Be Impaired. 

No right of any present or future holder of any Senior Indebtedness to enforce subordination as herein provided shall at any time in any way be
prejudiced or impaired by any act or failure to act on the part of the Company, as the case may be, or by any act or failure to act, in good faith, by any such holder, or by any noncompliance by the Company, as the case may be, with the terms,
provisions and covenants of this Indenture, regardless of any knowledge thereof that any such holder may have or otherwise be charged with. 

Without in any way limiting the generality of the foregoing paragraph, the holders of Senior Indebtedness may, at any time and from time to
time, without the consent of or notice to the Trustee or the holders of the Securities, without incurring responsibility to the holders of the Securities and without impairing or releasing the subordination provided in this Article Sixteen or
the obligations hereunder of the holders of the Securities to the holders of such Senior Indebtedness, do any one or more of the following: (i) change the manner, place or terms of payment or extend the time of payment of, or renew or alter,
such Senior Indebtedness, or otherwise amend or supplement in any manner such Senior Indebtedness or any instrument evidencing the same or any agreement under which such Senior Indebtedness is outstanding; (ii) sell, exchange, release or
otherwise deal with any property pledged, mortgaged or otherwise securing such Senior Indebtedness; (iii) release any Person liable in any manner for the collection of such Senior Indebtedness; and (iv) exercise or refrain from exercising
any rights against the Company, as the case may be, and any other Person. 

  
 59 

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

			
	BANK OF AMERICA CORPORATION, as Issuer
		
	By:	 	 /s/ John M. Pownall

		 	Name:John M. Pownall
		 	Title:Managing Director
	
	THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., as Trustee
		
	By:	 	 /s/ Karen Yu

		 	Name:Karen Yu
		 	Title:Vice President

 [SIGNATURE PAGE – BANK OF AMERICA CORPORATION 

2018 INDENTURE – SUBORINDATED DEBT SECURTIES]EX-4.7

 Exhibit 4.7 

[FORM OF REGISTERED GLOBAL SUBORDINATED NOTE] 

BANK OF AMERICA CORPORATION 

Subordinated Medium-Term Notes, Series N 

REGISTERED GLOBAL SUBORDINATED NOTE 

This Registered Global Subordinated Note (this “Note”) is a Global Security within the meaning of the Indenture dated as of
June 27, 2018, as supplemented from time to time (the “Indenture”), between Bank of America Corporation (the “Issuer”) and The Bank of New York Mellon Trust Company, N.A., as trustee (the “Trustee”) under the
Indenture, and is registered in the name of [Cede & Co., as the nominee of The Depository Trust Company (55 Water Street, New York, New York) (the “Depository”)] [The Bank of New York Depository (Nominees) Limited, as nominee of
The Bank of New York Mellon, London Branch, the common depository (the “Common Depository”) for Euroclear Bank SA/NV and/or Clearstream Banking, société anonyme, Luxembourg] [CDS & CO., as the nominee of CDS
Clearing and Depository Services Inc. (the “Depository”)]. This Note is not exchangeable for definitive or other Notes registered in the name of a person other than [the Depository or its nominee] [the Common Depository], except in the
limited circumstances described in the Indenture or in this Note, and no transfer of this Note (other than a transfer as a whole by [the Depository to a nominee of the Depository or by a nominee of the Depository to the Depository or another nominee
of the Depository or by the Depository or any such nominee to a successor depository or a nominee of such successor depository] [the Common Depository to a successor common depository]) may be registered except in the limited circumstances described
in the Indenture.1 
 [Unless this Note is presented by an authorized representative of
the Depository to the Issuer or its agent for registration of transfer, exchange or payment, and this Note is registered in the name of CEDE & CO., or such other name as requested by an authorized representative of the Depository, and
unless any payment is made to CEDE & CO., ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL, since the registered owner hereof, CEDE & CO., has an interest herein.]2 
 THIS NOTE IS NOT A SAVINGS ACCOUNT OR A DEPOSIT AND IS NOT INSURED BY THE FEDERAL
DEPOSIT INSURANCE CORPORATION OR ANY OTHER GOVERNMENTAL AGENCY. 
 THE INDEBTEDNESS OF BANK OF AMERICA CORPORATION EVIDENCED BY THIS
NOTE, INCLUDING THE PRINCIPAL HEREOF AND INTEREST HEREON, IS, TO THE EXTENT AND IN THE MANNER SET FORTH IN THE INDENTURE, SUBORDINATE AND JUNIOR IN RIGHT OF PAYMENT TO BANK OF AMERICA CORPORATION’S OBLIGATIONS TO HOLDERS OF SENIOR INDEBTEDNESS,
AS DEFINED IN THE INDENTURE, AND EACH HOLDER OF THIS NOTE, BY THE ACCEPTANCE HEREOF, AGREES TO AND SHALL BE BOUND BY SUCH TERMS AND PROVISIONS OF THE INDENTURE. 

 

	1 	Modify this paragraph as needed to reflect a depository other than DTC, Euroclear, Clearstream, Luxembourg or CDS. 

	2 	Modify in the case of all Registered Global Notes held by or through a depository other than DTC. 

 THIS NOTE IS NOT AN OBLIGATION OF OR GUARANTEED BY BANK OF AMERICA, N.A. OR ANY OTHER BANKING
OR NONBANKING AFFILIATE OF BANK OF AMERICA CORPORATION. 
 THIS NOTE IS SOLD IN MINIMUM DENOMINATIONS AS NOTED HEREIN AND/OR IN THE
PRICING SUPPLEMENT ATTACHED HERETO AND CANNOT BE EXCHANGED FOR NOTES IN SMALLER DENOMINATIONS. EACH OWNER OF A BENEFICIAL INTEREST IN THIS NOTE IS REQUIRED TO HOLD A BENEFICIAL INTEREST OF A PRINCIPAL AMOUNT OF THIS NOTE EQUAL TO THE MINIMUM
DENOMINATION AT ALL TIMES. 

  
 2 

			
	No. R-	  	Registered
	CUSIP No.:	  	
	ISIN:	  	
	Common Code:	  	Principal Amount: [$]                    

 BANK OF AMERICA CORPORATION 

Subordinated Medium-Term Notes, Series N 

[INSERT SPECIFIC NAME OR DESIGNATION OF THE NOTES] 

REGISTERED GLOBAL SUBORDINATED NOTE 
  

					
	 ORIGINAL ISSUE DATE3:
	  	 ☐   This Note is an Amortizing Note. [See payment schedule in attached
pricing supplement]

		
	 STATED MATURITY DATE:
	  	 ☐   See attached pricing supplement no.     
dated                     , 20    

		
	 SPECIFIED CURRENCY:
	  	
		 	 ☐   U.S. Dollars
	  	
		 	 ☐   Other (specify):
	  	
		
	 ☐   FIXED RATE NOTE
	  	
	 ☐   FLOATING RATE NOTE
	  	
	 ☐   FIXED/FLOATING RATE NOTE
	  	
		
	 RECORD DATES:
	  	[CALCULATION AGENT:]

 BANK OF AMERICA CORPORATION, a Delaware corporation (herein called the “Issuer,” which term includes
any successor corporation), for value received, hereby promises to pay to [CEDE & CO., as nominee for The Depository Trust Company][THE BANK OF NEW YORK DEPOSITORY (NOMINEES) LIMITED, as nominee of The Bank of New York Mellon, London
Branch, the common depository for Euroclear Bank SA/NV, and/or Clearstream Banking, société anonyme, Luxembourg] [CDS & CO., as nominee for CDS Clearing and Depository Services Inc.]4, or its registered assigns, the principal amount specified above, as adjusted in accordance with Schedule 1 hereto, on the Stated Maturity Date specified above (except to the extent redeemed
or repaid or to the extent the entire principal amount is otherwise paid prior to the Stated Maturity Date), and, if applicable, to pay interest thereon in accordance with the terms and provisions of this Note, including the Pricing Supplement (as
defined on the reverse hereof), and the Indenture, and, to the extent that the payment of such interest shall be legally enforceable, to pay 

 

	3 	The form provides that interest, if any, will accrue from the Original Issue Date. In the event a series of Notes is reopened, interest will accrue from the Original Issue Date for all tranches of Notes of that series.
However, in the event a series of Notes is reopened, the authentication date for each tranche of Notes will be the date that tranche of Notes is settled, which may be different from the Original Issue Date. 

	4 	 Modify as needed for a different nominee or a nominee of a depository other than DTC, Euroclear, Clearstream,
Luxembourg or CDS. 

  
 3 

 
interest at the interest rate or default rate specified in the Pricing Supplement on any overdue principal and premium, if any, and on any overdue installment of interest. “Maturity,”
when used herein, means the date on which the principal of this Note or an installment of principal becomes due and payable in full in accordance with the terms and provisions of this Note, including the Pricing Supplement, and the Indenture,
whether at the Stated Maturity Date or by declaration of acceleration, call for redemption, prepayment at the holder’s option or otherwise. 

Any interest so payable, and punctually paid or duly provided for, on any Interest Payment Date will be paid to the person in whose name this
Note (or one or more predecessor Notes evidencing all or a portion of the same debt as this Note) is registered, unless otherwise specified herein or in the Pricing Supplement (i) for book-entry only Notes denominated in U.S. dollars, at the
close of business on the date that is one business day (in Charlotte, North Carolina and New York City) prior to such Interest Payment Date or (ii) for book-entry only Notes denominated in a currency other than U.S. dollars and for any Notes in
definitive form, at the close of business on the fifteenth calendar day immediately preceding such Interest Payment Date as originally scheduled to occur (each, referred to herein as the “Regular Record Date”); provided,
however, that the first payment of interest on any Note with an Original Issue Date between a Regular Record Date and an Interest Payment Date or on an Interest Payment Date will be made on the Interest Payment Date following the next Regular
Record Date to the person in whose name this Note is registered at the close of business on such next Regular Record Date; and provided, further, that interest payable at Maturity (the “Maturity Date”) will be payable to the
person to whom the principal hereof shall be payable. The principal so payable, and punctually paid or duly provided for, at Maturity will be paid to the person in whose name this Note (or one or more predecessor Notes evidencing all or a portion of
the same debt as this Note) is registered at the time of payment by the Trustee or the applicable Paying Agent (as defined on the reverse hereof). Any principal of, or any premium, interest or other amounts payable on, this Note not punctually paid
or duly provided for shall be payable as provided in this Note and in the Indenture. 
 Payment of principal of, and any premium, interest
or other amounts payable on, this Note due at Maturity will be made in immediately available funds upon presentation and surrender of this Note at the office of the applicable Paying Agent maintained for that purpose, and in accordance with the
procedures of the depository or clearing system noted hereon; provided, that this Note is presented to the applicable Paying Agent in time for such Paying Agent to make such payment in accordance with its normal procedures. Payments of any
interest or other amounts payable on this Note (other than at Maturity) will be made by wire transfer to such account as has been appropriately designated to the applicable Paying Agent by the person entitled to such payments. 

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

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

  
 4 

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

[Remainder of this page intentionally blank.] 

  
 5 

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

					
	Dated:                         	 	BANK OF AMERICA CORPORATION
		
		 	By:                                   
                                         

		 	Name:
		 	Title:

 CERTIFICATE OF AUTHENTICATION 

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

							
	Dated:                                 	 		 	 THE BANK OF NEW YORK MELLON TRUST

COMPANY, N.A., as Trustee

				
		 		 	By:	 	  

		 		 		 	Authorized Signatory

  
 7 

 [ATTACH PRICING SUPPLEMENT] 

  
 8 

 [Reverse of Note] 

BANK OF AMERICA CORPORATION 

Subordinated Medium-Term Notes, Series N 

REGISTERED GLOBAL SUBORDINATED NOTE 

SECTION 1. General. This Note is one of a duly authorized series of subordinated notes of the Issuer to be issued under the Indenture
dated June 27, 2018, as supplemented from time to time (the “Indenture”), between Bank of America Corporation (the “Issuer”) and The Bank of New York Mellon Trust Company, N.A., as trustee (the “Trustee”), as part
of the Securities (as defined in the Indenture) designated as Subordinated Medium-Term Notes, Series N, and to which Indenture reference is hereby made for a statement of the respective rights, limitations of rights, duties and immunities thereunder
of the Issuer, the Trustee and each Paying Agent (as described below) that may be appointed thereunder and the holders of the Notes and of the terms upon which the Notes are, and are to be, authenticated and delivered. The terms
“Trustee” and “Paying Agent” shall include any additional or successor trustee or agents appointed in such capacities by the Issuer in accordance with the terms and provisions of the Indenture. 

This Note is also one of the Notes issued pursuant to the Prospectus Supplement dated
June [        ], 2018 to the Prospectus dated June [        ], 2018 (each as may be supplemented or amended to the date of the pricing supplement attached hereto,
or as may be superseded or replaced by another document as of the date of the pricing supplement attached hereto, the “Prospectus Supplement” and the “Prospectus,” respectively) for the offer and sale of the Issuer’s senior
and subordinated medium-term notes, Series N (the “Notes”). The terms and provisions of this Note set forth in the pricing supplement attached hereto, together with the applicable terms and provisions set forth in the section of the
Prospectus entitled “Description of Debt Securities” and the section of the Prospectus Supplement entitled “Description of the Notes” (such pricing supplement, together with such terms and provisions of the Prospectus and
Prospectus Supplement, the “Pricing Supplement”) are hereby incorporated by reference in and deemed to be a part of this Note and binding upon the parties hereto as though fully set forth herein. 

The Issuer has initially appointed the Trustee to act as the Paying Agent, Security Registrar and transfer agent for the Notes. The Issuer may
appoint a successor paying agent or an additional or different paying agent for this Note pursuant to the terms and provisions of the Indenture (each such other entity appointed to act as a paying agent and designated as such in the Pricing
Supplement, together with the Trustee, a “Paying Agent”). This Note may be presented or surrendered for payment, and notices, designations or requests in respect of payments with respect to this Note may be served, at the corporate trust
office or agency of the Trustee, located at 10161 Centurion Parkway N., 2nd Floor, Jacksonville, Florida 32256, or such other locations as may be specified by the applicable Paying Agent and notified to the Issuer and the registered holder of this
Note. 
 Unless specified otherwise in the Pricing Supplement, this Note will not be subject to a sinking fund. 

  
 9 

 SECTION 2. Interest Provisions. Interest, if any, payable on this Note shall be calculated
as set forth in the Pricing Supplement. 
 Unless otherwise specified in the Pricing Supplement, if the Maturity Date (which, for the
avoidance of doubt, includes the date on which principal is paid in the case of redemption or repayment of this Note) falls on a day that is not a Business Day, any amount of principal, premium, interest or other amount that would otherwise be due
on this Note on such day (the “Specified Day”) may be paid or made available for payment on the Business Day that is next succeeding the Specified Day with the same force and effect as if such amount were paid on the Specified Day, and no
interest will accrue on the amount so payable for the period from the Specified Day to such next succeeding Business Day. 
 The business
day convention applicable to any Interest Period, Interest Reset Date or Interest Payment Date (each as specified in the Pricing Supplement), other than one that falls on a Specified Day, for this Note will be described and specified in the Pricing
Supplement; provided that if no such business day convention is specified in the Pricing Supplement, then, with respect to any Interest Period during which this Note bears interest at a fixed rate, the following unadjusted business day
convention (as described in the Pricing Supplement) shall apply to this Note, and, with respect to any interest period during which this Note bears interest at a floating rate, the modified following business day convention (adjusted) (as described
in the Pricing Supplement) shall apply to this Note. 
 SECTION 3. Amortizing Notes. If this Note is designated as an
“Amortizing Note” on the face hereof, the Issuer will make payments combining principal and interest on the dates and in the amounts set forth in the table included in the Pricing Supplement. If this Note is an Amortizing Note, payments
made hereon will be applied first to interest due and payable on each such payment date and then to the reduction of the Outstanding Face Amount. The term “Outstanding Face Amount” means, at any time, the amount of unpaid principal hereof
at such time. 
 SECTION 4. Optional Redemption. If so specified in, and in accordance with the applicable terms and provisions of,
the Pricing Supplement, this Note may be redeemed at the option of the Issuer, subject to the satisfaction of any conditions precedent to such redemption set forth in the applicable notice of redemption, at (i) any time on and after an initial
date specified in the Pricing Supplement, (ii) on any Interest Payment Date on or after an initial date specified in the Pricing Supplement or (iii) on such other date or dates, if any, or in such other manner as set forth in the Pricing
Supplement for redemption at the option of the Issuer (each such date, an “Optional Redemption Date”). IF NO OPTIONAL REDEMPTION DATE OR DATES ARE SET FORTH IN THE PRICING SUPPLEMENT, THIS NOTE MAY NOT BE REDEEMED AT THE OPTION OF THE
ISSUER PRIOR TO THE STATED MATURITY DATE, EXCEPT AS PROVIDED PURSUANT TO SECTION 7 HEREIN IN THE EVENT THAT ANY ADDITIONAL AMOUNTS (AS DEFINED BELOW) ARE REQUIRED TO BE PAID BY THE ISSUER WITH RESPECT TO THIS NOTE. 

Unless otherwise specified in the Pricing Supplement, this Note may be redeemed on any Optional Redemption Date in whole or from time to time
in part at the option of the Issuer at the Redemption Price (as defined below), together with accrued and unpaid interest (if any) hereon payable at the applicable rate or rates (if any) borne by this Note to, but excluding, the date fixed for

  
 10 

 
redemption, on notice given in accordance with the Indenture to the holder of this Note not less than 10 Business Days nor more than 60 calendar days (unless otherwise specified in the Pricing
Supplement) prior to the date fixed for redemption. Such redemption may be subject to the satisfaction of one or more conditions precedent if and as described in the notice of redemption. In addition, the notice of redemption shall specify: 

 

	 	•	 	the date fixed for redemption; 

  

	 	•	 	the redemption price; 

  

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

  

	 	•	 	the amount to be redeemed, if less than all of the series of Notes is to be redeemed; 

  

	 	•	 	the place of payment for the Notes to be redeemed; 

  

	 	•	 	that interest (if any) accrued on the Notes to be redeemed to the date fixed for redemption will be paid as specified in the notice; and 

 

	 	•	 	that, upon satisfaction of any conditions to such redemption set forth in the notice of redemption, on and after the date fixed for redemption, interest (if any) will cease to accrue on the Notes to be redeemed.

 In addition, if such redemption is subject to the satisfaction of one or more conditions precedent, such notice shall
describe each such condition and, if applicable, shall state that, in the Issuer’s discretion, the redemption date may be delayed until such time as any or all such conditions shall be satisfied, or such redemption may not occur and such notice
may be rescinded in the event that any or all such conditions shall not have been satisfied by the redemption date stated in such notice, or by the redemption date as so delayed. 

So long as a depository is the record holder of this Note, the Issuer will deliver any redemption notice only to that
depository.     
 In the event of redemption of this Note in part only, the unredeemed portion hereof shall be at least
the Minimum Denomination (as described herein). In the event of redemption of this Note in part only, a new Note for the unredeemed portion hereof shall be issued in the name of the registered holder hereof upon the surrender of this Note or, where
applicable, an appropriate notation will be made by the Trustee on Schedule 1 attached hereto. Unless otherwise specified herein or in the Pricing Supplement, if less than all of the Notes with like tenor and terms and provisions are to be
redeemed, the particular Notes to be redeemed shall be selected in accordance with the applicable procedures of the [Depository][applicable clearing system]. If this Note is redeemable at the option of the Issuer, then, unless otherwise specified in
the Pricing Supplement, the “Redemption Price” shall be 100% of the principal amount of this Note to be redeemed plus accrued and unpaid interest (if any) to, but excluding, the date fixed for redemption. 

From and after any date fixed for redemption, if monies for the redemption of this Note (or portion hereof) shall have been made available for
redemption on such date, and subject to any 

  
 11 

 
conditions described in the applicable notice of redemption, this Note (or such portion hereof) shall cease to bear interest (if any) and the holder’s only right with respect to this Note
(or such portion hereof) shall be to receive payment of the principal amount of the Note being redeemed (or, if this is an Original Issue Discount Note as specified in the Pricing Supplement, the amortized face amount hereof) and, if appropriate,
all unpaid interest (if any) accrued to such redemption date. 
 SECTION 5. Optional Repayment. If so specified in the Pricing
Supplement, this Note will be repayable prior to the Stated Maturity Date at the option of the registered holder on the optional repayment date(s), if any, specified in the Pricing Supplement (each such date, an “Optional Repayment
Date”). IF NO OPTIONAL REPAYMENT DATES ARE SET FORTH IN THE PRICING SUPPLEMENT, THIS NOTE MAY NOT BE SO REPAID AT THE OPTION OF THE HOLDER HEREOF PRIOR TO THE STATED MATURITY DATE. Unless otherwise specified in the Pricing Supplement, on
any Optional Repayment Date, this Note shall be repayable in whole or in part at the option of the holder hereof at a repayment price equal to 100% of the principal amount to be repaid, together with accrued and unpaid interest (if any) hereon
payable at the applicable rate or rates (if any) borne by this Note to, but excluding, the date of repayment; provided, however, that, in the event of repayment of this Note in part only, the unrepaid portion hereof shall be at least
the Minimum Denomination specified in the Pricing Supplement. For this Note to be repaid in whole or in part at the option of the holder hereof on any Optional Repayment Date, this Note must be received, with the form attached hereto entitled
“Option to Elect Repayment” duly completed, by the applicable Paying Agent (as appropriate in accordance with such attached form), at the applicable address set forth on such form or at such other address which the Issuer shall from time
to time notify the holders of the Notes not less than 30 nor more than 60 calendar days prior to such holder’s Optional Repayment Date. In the event of repayment of this Note in part only, a new Note for the unrepaid portion hereof shall be
issued in the name of the registered holder hereof upon the surrender hereof or, where applicable, an appropriate notation will be made by the Trustee on Schedule 1 attached hereto. Exercise of such repayment option by the holder hereof shall
be irrevocable. 
 From and after any Optional Repayment Date, if monies for the repayment of this Note (or portion hereof) shall have been
made available for repayment on such Optional Repayment Date, this Note (or such portion hereof) shall cease to bear interest (if any) and the holder’s only right with respect to this Note (or such portion hereof) shall be to receive payment of
the principal amount of the Note being repaid (or, if this is an Original Issue Discount Note as specified in the Pricing Supplement, the amortized face amount hereof) and, if appropriate, all unpaid interest (if any) accrued to such Optional
Repayment Date. 
 SECTION 6. Additional Amounts. If so specified in the Pricing Supplement, and subject to the exceptions and
limitations set forth in the Pricing Supplement, the Issuer will pay to the beneficial owner of this Note that is a “United States Alien” (as defined below) additional amounts (“Additional Amounts”) to ensure that every net
payment on this Note will not be less, due to the payment of U.S. withholding tax, than the amount then otherwise due and payable. For this purpose, a “net payment” on this Note means a payment by the Issuer or any Paying Agent, including
payment of principal and interest, after deduction for any present or future tax, assessment, or other governmental charge of the United States (other than a territory or possession). These Additional

  
 12 

 
Amounts will constitute additional interest on this Note. For this purpose, “U.S. withholding tax” means a withholding tax of the United States, other than a territory or
possession. 
 However, notwithstanding the Issuer’s obligation, if so specified in the Pricing Supplement, to pay Additional Amounts,
the Issuer will not be required to pay Additional Amounts in any of the circumstances described in the Pricing Supplement. 
 For purposes
of determining whether the payment of Additional Amounts is required, the term “United States Alien” means any person who, for United States federal income tax purposes, is a foreign corporation, a
non-resident alien individual, a non-resident alien fiduciary of a foreign estate or trust, or a foreign partnership to the extent that one or more of its members is,
for United State federal income tax purposes, a foreign corporation, a non-resident alien individual or a non-resident alien fiduciary of a foreign estate or trust. 

SECTION 7. Redemption for Tax Reasons. If so specified in the Pricing Supplement, the Issuer may redeem, subject to the satisfaction of
any conditions precedent to such redemption set forth in the applicable notice of redemption, this Note in whole, but not in part, at any time before the Stated Maturity Date after giving not less than 30 nor more than 60 calendar days’ notice
to the applicable Paying Agent and to the registered holder of this Note, if the Issuer has or will become obligated to pay Additional Amounts, as described herein and in the Pricing Supplement, as a result of any change in, or amendment to, the
laws or regulations of the United States or any political subdivision or any authority of the United States having power to tax, or any change in the application or official interpretation of such laws or regulations, which change or amendment
becomes effective on or after the date of the Pricing Supplement. Such redemption may be subject to the satisfaction of one or more conditions precedent if and as described in the notice of redemption. 

In connection with any notice of redemption for tax reasons as described herein, the Issuer will deliver to the Trustee and/or any applicable
Paying Agent under the Indenture any required certificate, request or order. 
 Unless otherwise specified in the Pricing Supplement, if
redeemed for tax reasons, this Note will be redeemed at 100% of its principal amount (or, in the case of an Original Issue Discount Note, the amortized face amount hereof determined as of the date of redemption), together with any interest accrued
up to, but excluding, the redemption date. 
 From and after any redemption date, if monies for the redemption of this Note shall have been
made available for redemption on such redemption date, and subject to any conditions described in the applicable notice of redemption, this Note shall cease to bear interest (if any) and the holder’s only right with respect to this Note shall
be to receive payment of the principal amount of the Note (or, if this is an Original Issue Discount Note as specified in the Pricing Supplement, the amortized face amount hereof) and, if appropriate, all unpaid interest (if any) accrued to such
redemption date. 
 SECTION 8. Modification and Waivers. The Indenture permits, with certain exceptions as therein provided, the
amendment of the Indenture and the modification of the rights and obligations of the Issuer and the rights of the holders of the Notes under the Indenture at any time by the Issuer 

  
 13 

 
and the Trustee with the consent of the holders of not less than a majority in aggregate principal amount of the series of Notes of which this Note is a part then outstanding and all other
Securities (as defined in the Indenture) then outstanding under the Indenture and affected by such amendment and modification. The Indenture also contains provisions permitting the holders of a majority in aggregate principal amount of the series of
Notes of which this Note is a part then outstanding and all other Securities then outstanding under the Indenture and affected thereby, on behalf of the holders of all such Securities, to rescind and annul a declaration of acceleration in certain
circumstances and to waive certain past defaults under the Indenture and their consequences. Any such consent or waiver by the holder of this Note shall be conclusive and binding upon such holder and upon all future holders of this Note and of any
Note issued upon the registration of transfer hereof or in exchange herefor or in lieu hereof whether or not notation of such consent or waiver is made upon this Note. The determination of whether particular Securities are “outstanding”
will be made in accordance with the Indenture. 
 Any action by the holder of this Note shall bind all future holders of this Note, and of
any Note issued in exchange or substitution hereof or in place hereof, in respect of anything done or permitted by the Issuer or by the Trustee in pursuance of such action. 

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

SECTION 9. Obligations Unconditional. No reference herein to the Indenture and no provision of this Note or of the Indenture shall
alter or impair the obligation of the Issuer, which is absolute and unconditional, to pay the principal of, or any premium, interest or other amounts payable on, this Note when due at the times, place and rate, and in the coin or currency, herein
prescribed. 
 SECTION 10. Successor to Issuer. The terms and provisions of the Indenture set forth in Article Eleven thereof shall
govern the Issuer’s ability to consolidate or merge with or into any other Person (as defined in the Indenture) or sell or convey all or substantially all of its assets to any Person and the effect of any such consolidation, merger, sale or
conveyance. 
 SECTION 11. Minimum Denominations. This Note, and any Note issued in exchange or substitution herefor or in place
hereof, or upon registration of transfer, exchange or partial redemption or repayment of this Note, may be issued only in the minimum authorized denominations as specified in the Pricing Supplement, or if no such minimum authorized denominations are
so specified, in minimum authorized denominations of U.S.$1,000 and any integral multiple of U.S.$1,000 in excess thereof (or the equivalent amount in other currencies, subject to any other statutory or regulatory minimums) (the “Minimum
Denominations”). 

  
 14 

 SECTION 12. Registration of Transfer. As provided in the Indenture and subject to certain
limitations as therein set forth, the transfer of this Note is registrable in the register maintained by the Security Registrar, upon surrender of this Note for registration of transfer at the office or agency of the Issuer designated by it pursuant
to the Indenture, duly endorsed by, or accompanied by a written instrument of transfer in form satisfactory to the Issuer and the Trustee or the Security Registrar requiring such written instrument of transfer duly executed by, the registered holder
hereof or his attorney duly authorized in writing, and thereupon one or more new Notes of this series, of Minimum Denominations and for the same aggregate principal amount, will be issued to the designated transferee or transferees. 

Unless otherwise specified in the Pricing Supplement, this Note may be exchanged in whole, but not in part, for certificated notes in
definitive registered form (referred to herein as “Definitive Notes”), only under the circumstances described in the Indenture. Unless otherwise set forth herein or in the Pricing Supplement, Definitive Notes will be issued in Minimum
Denominations only and will be issued in registered form only, without coupons. 
 Subject to the terms and provisions of the Indenture, if
Definitive Notes are issued, a holder may exchange its Definitive Notes for other Definitive Notes of the same series in an equal aggregate principal amount and in Minimum Denominations. 

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

Neither the Issuer nor the Security Registrar will be required to (a) issue, exchange, or register the transfer of this Note if it has
exercised its right to redeem the Notes of the series of which this Note is a part for a period of 15 calendar days before the delivery of the redemption notice, or (b) exchange or register the transfer of any Notes of the series of which this
Note is a part (i) that were selected, called, or are being called for redemption, except the unredeemed portion of the Notes of the series of which this Note is a part, if being redeemed in part or (ii) as to which the registered holder
has exercised its right of optional repayment, except the portion of the Notes of the series of which this Note is a part, if being repaid in part. 

No service charge shall be made for any such registration of transfer or exchange, but the Issuer may require payment of a sum sufficient to
cover any tax or other governmental charge payable in connection therewith. 
 Prior to due presentment of this Note for registration of
transfer, the Issuer, the Trustee, and any agent of the Issuer or the Trustee may treat the person in whose name this Note is registered as the owner hereof for all purposes, whether or not this Note be overdue, and neither the Issuer, the Trustee,
nor any such agent shall be affected by notice to the contrary, except as required by applicable law. 

  
 15 

 SECTION 13. Events of Default. If an Event of Default (defined in the Indenture as the
Issuer’s bankruptcy under federal bankruptcy laws, whether voluntary or involuntary and, in the case of the Issuer’s involuntary bankruptcy, continuing for a period of 60 consecutive days) shall occur with respect to this Note, the
principal of this Note may be declared due and payable in the manner and with the effect provided in the Indenture. THERE IS NO RIGHT OF ACCELERATION PROVIDED IN THE INDENTURE IN CASE OF A DEFAULT IN THE PAYMENT OF PRINCIPAL OR INTEREST ON THIS NOTE
OR THE PERFORMANCE OF ANY OTHER COVENANT BY THE ISSUER. 
 SECTION 14. Defeasance. Unless otherwise specified in the Pricing
Supplement, the provisions of Article Fourteen of the Indenture do not apply to this Note. 
 SECTION 15. Subordination. The
indebtedness of the Issuer evidenced by this Note, including the principal of and any premium, interest or other amounts payable on this Note, shall be, to the extent set forth in the Indenture, subordinate and junior in right of payment to its
obligation to holders of Senior Indebtedness (as defined in the Indenture), and each holder of this Note, by the acceptance hereof, agrees to and shall be bound by such provisions of the Indenture. 

SECTION 15. Specified Currency. Unless otherwise provided herein or in the Pricing Supplement, the principal of and any premium,
interest and other amounts payable on this Note are payable in the Specified Currency indicated on the face hereof unless, at the time of such payment, such currency is not legal tender for the payment of public and private debts in the country or
jurisdiction issuing the currency on the Original Issue Date, in which case, if the Specified Currency indicated on the face hereof has been replaced by another currency that becomes legal tender for the payment of public and private debts in such
country or jurisdiction (a “Replacement Currency”), any amount due pursuant to this Note may be paid, at the option of the Issuer, in the Replacement Currency or in U.S. dollars, at a rate of exchange which takes into account the
conversion, at the rate prevailing on the most recent date on which official conversion rates were quoted or set by the national government or other authority responsible for issuing the Replacement Currency, from the Specified Currency to the
Replacement Currency and, if necessary, the conversion of the Replacement Currency into U.S. dollars at the rate prevailing on the date of such conversion. Any such payment in the Replacement Currency or in U.S. dollars will not constitute an
“Event of Default” with respect to this Note. Notwithstanding the foregoing, if this Note originally was issued in a domestic currency of a state that is or subsequently becomes a Member State of the European Union, then this Note may, at
the Issuer’s option (or shall, if so required by applicable law), without the consent of the Holder of this Note, be redenominated in euro if, subsequent to the original issuance of this Note, such state participates in the European monetary
union. This Note may be redenominated as a matter of law whether or not the Pricing Supplement provides for redenomination, and such redenomination (and any payments effected in euro subsequent to such redenomination) will not constitute an
“Event of Default” with respect to this Note. 
 [If the Specified Currency indicated on the face hereof is other than U.S.
dollars (referred to in this Section 15 as a “Foreign Currency”), the Issuer generally will pay principal and any 

  
 16 

 
premium, interest and other amounts payable in the Foreign Currency. Unless otherwise specified in the Pricing Supplement, holders of beneficial interests in this Note through a participant in
DTC will receive payments in U.S. dollars, regardless of the Foreign Currency, unless those holders elect to receive payments on this Note in the Foreign Currency, which election shall be made pursuant to procedures and arrangements in place between
DTC and its participants. DTC shall notify the Trustee or other applicable Paying Agent of any such election in accordance with arrangements in place between DTC and the Trustee or such Paying Agent. 

If holders of beneficial interests in this Note do not elect through their DTC participant to receive payments in the Foreign Currency, the
financial institution appointed by the Issuer to act as the exchange rate agent and named in the Pricing Supplement and/or on the face hereof will convert any payments due to those holders of beneficial interests in this Note into U.S. dollars in
the manner described in the Pricing Supplement.]5 
 If the Issuer determines that a
payment hereon cannot be made in the Specified Currency, due to the imposition of exchange controls or other circumstances beyond the Issuer’s control, or the Specified Currency is unavailable because that currency is no longer used by the
government of the relevant country or for the settlement of transactions by public institutions of or within the international banking community and has not been replaced, such payment will be made in U.S. dollars, unless otherwise specified in the
Pricing Supplement. If the Specified Currency is unavailable and has been replaced, such payment may be made, at the option of the Issuer, in the Replacement Currency or in U.S. dollars. The Trustee and/or the applicable Paying Agent, on receipt of
the Issuer’s written instructions and at the Issuer’s expense, will give prompt notice to the beneficial holders of this Note if such determination of unavailability is made, and, at such time, the Issuer will appoint an exchange rate
agent for purposes of conversions from the Specified Currency to any Replacement Currency or to U.S. dollars. The Replacement Currency amount of any payment described in this paragraph shall be the amount determined as set forth in the first
paragraph of this Section 15. Unless otherwise specified in the Pricing Supplement, the U.S. dollar amount of any payment described in this paragraph shall be the amount of the Specified Currency otherwise payable converted into U.S. dollars as
determined by reference to the noon dollar buying rate in The City of New York for cable transfers of such Specified Currency published by the Federal Reserve Bank of New York, or such other rate specified in the Pricing Supplement (the “Market
Exchange Rate”), on the date of such payment. If such Market Exchange Rate is not then available to the Issuer or is not published for a particular Specified Currency, unless otherwise specified in the Pricing Supplement, the Market Exchange
Rate will be based on the highest bid quotation in The City of New York received by the exchange rate agent to be appointed by the Issuer at approximately 11:00 a.m., New York City time, on the second Business Day preceding the date of such payment
from three recognized foreign exchange dealers (the “Exchange Dealers”) for the purchase by the quoting Exchange Dealer of the Specified Currency for U.S. dollars for settlement on the payment date, in the aggregate amount of the Specified
Currency payable to those holders or beneficial owners of Notes and at which the applicable Exchange Dealer commits to execute a contract. One of the Exchange Dealers providing quotations may be the exchange rate agent to be appointed by the Issuer,
unless such exchange rate agent is an affiliate of the Issuer. If those bid quotations are not available, the exchange rate agent to be appointed by the Issuer shall 

 

	5 	Include for Registered Global Note registered in the name of DTC or its nominee. 

  
 17 

 
determine the Market Exchange Rate at its sole discretion. Any payment made under such circumstances in the Replacement Currency or in U.S. dollars, where the payment is required to be made in
the Specified Currency, will not constitute an “Event of Default” with respect to this Note. 
 SECTION 17. Original Issue
Discount Note. If this Note is identified as an Original Issue Discount Note in the Pricing Supplement, then unless otherwise specified therein, the amount payable to the holder of this Note in the event of redemption, repayment or acceleration
of Maturity will be the Amortized Face Amount (as defined below) of this Note as of the date of such event. The “Amortized Face Amount” shall be the amount equal to (a) the Issue Price (as set forth in the Pricing Supplement) plus
(b) the original issue discount amortized from the Original Issue Date to the date as of which the Amortized Face Amount is calculated, as specified in the Pricing Supplement. 

SECTION 18. Dual Currency Note. If this Note is identified as a Dual Currency Note in the Pricing Supplement, the Issuer has the option
of making each scheduled payment of principal and interest, if any, due on this Note either in the Specified Currency designated on the face hereof or in the optional payment currency specified in the Pricing Supplement. If the Issuer elects to make
a payment in the optional payment currency, the amount payable in such optional payment currency shall be determined using the exchange rate specified in the Pricing Supplement, on the terms and provisions specified in the Pricing Supplement. 

SECTION 19. Mutilated, Defaced, Destroyed, Lost or Stolen Notes. In case this Note shall at any time become mutilated, defaced,
destroyed, lost or stolen, and this Note or evidence of the loss, theft or destruction hereof satisfactory to the Issuer and the Trustee and such other documents or proof as may be required by the Issuer and the Trustee shall be delivered to the
Trustee, the Trustee shall issue a new Note of like tenor, form, payment and other terms and provisions and principal amount, bearing a number not contemporaneously used or in use for any other Notes issued under the Indenture, in exchange and
substitution for the mutilated or defaced Note or in lieu of the Note destroyed, lost or stolen but, in the case of any destroyed, lost or stolen Note, only upon receipt of evidence satisfactory to the Issuer and the Trustee that this Note was
destroyed, stolen or lost, and, if required, upon receipt of indemnity satisfactory to the Issuer and the Trustee. Upon the issuance of any substituted Note, the Issuer may require the payment of a sum sufficient to cover all expenses and reasonable
charges connected with the preparation and delivery of a new Note. If any Note which has matured or has been redeemed or repaid or is about to mature or to be redeemed or repaid shall become mutilated, defaced, destroyed, lost or stolen, the Issuer
may, instead of issuing a substitute Note, pay or authorize the payment of the same (without surrender thereof except in the case of a mutilated or defaced Note) upon compliance by the holder with the provisions of this paragraph. 

SECTION 20. Miscellaneous. No recourse shall be had for the payment of principal of (and premium, if any) or any interest or other
amounts payable on, this Note for any claim based hereon, or otherwise in respect hereof, against any shareholder, employee, agent, officer or director, as such, past, present or future, of the Issuer or of any successor organization, either
directly or through the Issuer or any successor organization, whether by virtue of any constitution, statute or rule of law or by the enforcement of any assessment or penalty or otherwise, all such liability being, by the acceptance hereof and as
part of the consideration for the issue hereof, expressly waived and released. 

  
 18 

 SECTION 21. Defined Terms. All terms used in this Note which are defined in the Indenture
or the Prospectus and are not otherwise defined in this Note shall have the meanings assigned to them in the Indenture or the Prospectus, as applicable. 

Unless specified otherwise in the Pricing Supplement, “Business Day” means, a day that meets all the following requirements: 

(a) for all Notes, is any weekday that is not a legal holiday in New York City or Charlotte, North Carolina, or any other place
of payment of the applicable Note, and is not a date on which banking institutions in those cities are authorized or required by law or regulation to be closed; 

(b) for any Note where the base rate is LIBOR, also is a day on which commercial banks are open for business (including
dealings in the Index Currency specified in the Pricing Supplement) in London, England; 
 (c) for any Note denominated in
euro or any Note where the base rate is EURIBOR, also is a day on which the Trans-European Automated Real-Time Gross Settlement Express Transfer System or any successor is operating (a “Target Settlement Date”); 

(d) for any Note denominated in Canadian dollars or any Note where the base rate is CDOR, also is not a legal holiday in
Toronto, Ontario and is not a day on which banking institutions in that city are authorized or required by law or regulation to be closed; 

(e) for any Note denominated in Australian dollars or any Note where the base rate is the BBSW Rate, also is not a legal
holiday in London, England or Sydney, Australia; and 
 (f) for any Note that has a Specified Currency other than U.S.
dollars or euro, also is not a day on which banking institutions generally are authorized or obligated by law, regulation, or executive order to close in the Principal Financial Center of the country of the Specified Currency. 

SECTION 22. GOVERNING LAW. THIS NOTE SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK,
NOTWITHSTANDING ANY OTHERWISE APPLICABLE CONFLICTS OF LAWS PROVISIONS AND ALL APPLICABLE UNITED STATES FEDERAL LAWS AND REGULATIONS. 

  
 19 

 ABBREVIATIONS 

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

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

									
					
	UNIF GIFT MIN ACT	 	 --
	 	  
	 	as Custodian for	 	  

		 		 	        (Cust)	 		 	(Minor)
		 		 	        Under Uniform Gifts to Minors Act	 	
	
	                                 
                                         
      
		 		 		 	(State)	 	
	
	 Additional abbreviations may also be used though not in the above
list.
  

	                                 
               
			
		 		 	 FOR VALUE RECEIVED, the undersigned hereby

sell(s), assign(s) and transfer(s) unto

							
			
	PLEASE INSERT SOCIAL SECURITY OR OTHER IDENTIFYING NUMBER OF ASSIGNEE	  		  	
		
	            /            /            	 	  

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

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

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

				
	 Dated:
                                
	 		  		  	
		
	 SIGNATURE GUARANTEED:
	 	  

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

  
 20 

 Schedule 1 

SCHEDULE OF TRANSFERS, EXCHANGES, REDEMPTIONS AND REPAYMENTS 

The following increases and decreases in the principal amount of this Note have been made: 

 

													
	 Date of Transfer,

Exchange,
 Redemption or

Repayment, as
 Applicable
	 		  	 Increase (Decrease) in Principal Amount of

this Note Due to
 Transfer Among

Global Notes or
 Exchange,

Redemption or
 Repayment of a

Portion of Global
 Note, as
Applicable
	  		  	 Principal

Amount of this Note
 After
Transfer,
 Exchange,
 Redemption
or
 Repayment, as

Applicable
	  		  	 Notation made

by or on
 behalf of the
Issuer

							
	 	 		  	 	  		  	 	  		  	 
							
	 	 		  	 	  		  	 	  		  	 
							
	 	 		  	 	  		  	 	  		  	 
							
	 	 		  	 	  		  	 	  		  	 

  
 21 

 [OPTION TO ELECT REPAYMENT] 

The undersigned hereby irrevocably request(s) and instruct(s) the Issuer to repay this Note (or portion hereof specified below) pursuant to
its terms and provisions at a price equal to the principal amount hereof together with interest to the repayment date, to the undersigned, at
                                
                                
                                
                                     
                             
                                 
                             
                                         
                        
                                         
                                        . 

(Please print or typewrite name and address of the undersigned) 

For this Note to be repaid, [the Trustee must receive at 10161 Centurion Parkway N., 2nd Floor, Jacksonville, Florida 32256] [the Paying Agent
must receive at [to be set forth as needed for specific notes],] or at such other place or places of which the Issuer from time to time shall notify the registered holder of this Note, not less than 30 nor more than 60 calendar days prior to
an Optional Repayment Date, if any, shown in the Pricing Supplement, this Note with this “Option to Elect Repayment” form duly completed. 

If less than the entire principal amount of this Note is to be repaid, (a) specify the portion hereof which the registered holder elects
to have repaid and (b) specify the portion hereof (which shall be a minimum amount equal to the Minimum Denomination) which is not being repaid (in the absence of any such specification to the contrary, one such Note will be issued for the
portion not being repaid). 
  

			
	Date:                                    
	  	  
 NOTICE:
The signature on this Option to Elect Repayment must correspond with the name as written upon the face of this Note in every particular, without alteration or enlargement or any change whatever.

		
	 Principal amount to be repaid, if amount to be repaid is less than the principal amount of this Note (principal amount remaining must be in
Minimum Denominations):

[U.S.$]                         
               
	  	
		
	 Amount to be Reissued (principal amount remaining must be in Minimum Denominations):

[U.S.$]                         
               
	  	
		
	[U.S.$]                                     
   	  	 ☐     [Option To Use DTC Tender Procedures]

		
		  	 DTC Participant

Number:                     
                   

  
 22 

			
	 DTC Participant

Name:                         
               
 DTC Participant Telephone

Number:                         
               
	  	Fill in registration of Notes if to be issued otherwise than to the registered holder:
	  	  

Name                         
                                         
                  

	  	  

Address:                        
                                         
               

		
		  	
                          
                                         
                           

(Please print name and address including zip code)

		
		  	 SOCIAL SECURITY OR OTHER
 TAXPAYER ID
NUMBER

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