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Exhibit 4.1

DESCRIPTION OF NEWMARKET CORPORATION COMMON STOCK

The following summary of our common stock, which is registered under Section 12(b) of the Securities Exchange Act of 1934, as amended, is not complete and is subject to, and qualified in its entirety by reference to, our articles of incorporation and bylaws, which are incorporated by reference as exhibits to the Annual Report on Form 10-K of which this exhibit is a part, and applicable provisions of the Virginia Stock Corporation Act. We encourage you to read our articles of incorporation and bylaws, as well as applicable provisions of the Virginia Stock Corporation Act, for additional information.

Authorized Shares
Our authorized capital stock consists of 80,000,000 shares of common stock, with no par value. All outstanding shares of our common stock are fully paid and non-assessable.
Listing
Our common stock is listed on the New York Stock Exchange under the symbol “NEU.”
Transfer Agent
Computershare Trust Company, N.A. is the transfer agent and registrar for our common stock. 
Preferred Stock
Our authorized capital stock includes 10,000,000 shares of preferred stock, without par value. Subject to the foregoing, our board of directors may authorize the creation and issuance of one or more series of preferred stock without further shareholder approval. The rights of holders of our common stock will be subject to, and may be adversely affected by, those of the holders of any shares of preferred stock that we may authorize and issue in the future.  Currently, we have no shares of preferred stock outstanding.  
Dividends
Subject to any preferential rights of any outstanding series of preferred stock, holders of our common stock are entitled to dividends when, as and if declared by our board of directors out of assets or funds legally available for that purpose.
Voting Rights
Holders of our common stock are entitled to one vote per share on all matters on which shareholders are entitled to vote, including the election of directors. Holders of our common stock are not entitled to cumulative voting rights in the election of directors.
Liquidation Rights
Upon liquidation, dissolution or winding up of the Company, holders of common stock are entitled to share ratably in all assets available for distribution after satisfaction of all of our debts and liabilities, subject to the preferential rights of any outstanding series of preferred stock. 
Other Rights
Our common stock has no preemptive rights and is not convertible or redeemable or entitled to the benefits of any sinking fund.  

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Anti-Takeover Provisions 
Virginia Law
Virginia law contains provisions governing “affiliated transactions.” In general, these provisions prohibit a Virginia corporation having more than 300 shareholders from engaging in material acquisition transactions with any holder of more than 10% of any class of its outstanding voting shares (an “interested shareholder”) for a period of three years following the date that such person became an interested shareholder unless:
•a majority (but not less than two) of the disinterested directors of the corporation and the holders of two-thirds of the voting shares, other than the shares beneficially owned by the interested shareholder, approve the affiliated transaction, or
•before the date the person became an interested shareholder, a majority of the disinterested directors of the corporation approved the transaction that resulted in the shareholder becoming an interested shareholder.
Affiliated transactions subject to this approval requirement include mergers, share exchanges, material dispositions of corporate assets not in the ordinary course of business, any dissolution of the corporation proposed by or on behalf of an interested shareholder or any reclassification, including reverse stock splits, recapitalizations or mergers of the corporation with its subsidiaries, which increases the percentage of voting shares owned beneficially by an interested shareholder by more than 5%.
A Virginia corporation may opt out of the affiliated transactions statute, and we have opted out.
Virginia law also contains provisions relating to “control share acquisitions,” which are transactions causing the voting strength of any person acquiring beneficial ownership of shares of a Virginia public corporation to meet or exceed certain threshold percentages (20%, 331/3% or 50%) of the total votes entitled to be cast for the election of directors. Shares acquired in a control share acquisition have no voting rights unless:
•the voting rights are granted by a majority vote of all outstanding shares other than those held by the acquiring person or any officer or employee director of the corporation, or
•the articles of incorporation or bylaws of the corporation provide that these Virginia law provisions do not apply to acquisitions of its shares. The acquiring person may require that a special meeting of the shareholders be held to consider the grant of voting rights to the shares acquired in the control share acquisition.

A Virginia corporation may opt out of the control share acquisition statute, and we have opted out.

Articles of Incorporation and Bylaw Provisions
Certain provisions in our articles of incorporation and bylaws may make more difficult or discourage a takeover of the Company.

Vacancies. Vacancies on our board of directors, including any vacancy created by an increase in the number of directors, may be filled only by our board of directors, unless the vacancy is to be filled at an annual meeting of shareholders.

Shareholder Meetings. Under our bylaws, only the chairman of the board, the vice chairman of the board who is most senior in service with the Company, the chief executive officer or a majority of the board may call a special meeting of shareholders.

Advance Notice of Nominations and Shareholder Business. Our bylaws establish advance notice procedures with respect to shareholder proposals and the nomination of persons for election as directors, other than nominations made by or at the direction of the board.

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Issuance of Preferred Stock.  As previously noted, our board of directors has the authority to issue up to 10,000,000 shares of preferred stock, without par value, and the board can issue such shares without additional shareholder approval. The issuance of shares of preferred stock may have the effect of delaying, deferring or preventing a change in control of us without any action by our shareholders.

Limitation of Liability and Indemnification of Officers and Directors 
As permitted by Virginia law, our articles of incorporation provide that, to the full extent that Virginia law permits the limitation or elimination of the liability of directors and officers, no director or officer shall be liable to us or our shareholders for monetary damages. Under Virginia law, the liability of directors or officers may not be limited or eliminated where the liability results from willful misconduct or a knowing violation of the criminal law or of any Federal or state securities law.
Our articles of incorporation require us, to the full extent permitted by Virginia law, to indemnify any director or officer who was or is a party to a proceeding due to his or her status as a director or officer or who was or is serving at our request as a director, trustee, partner or officer of another corporation, partnership, joint venture, trust, employee benefit plan or other enterprise.  Under Virginia law, no director or officer may be indemnified for willful misconduct or a knowing violation of the criminal law.

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 Exhibit 10.12 

Base Salaries of Named Executive Officers
						
	Name	Base Salary
	Thomas E. Gottwald
Chairman of the Board, President, and Chief Executive Officer	$	1,115,500 	
	Regina A. Harm
President of Afton Chemical Company	$	569,400 	
	Bruce R. Hazelgrove, III
Executive Vice President and Chief Administrative Officer	$	505,600 	
	Brian D. Paliotti
Chief Financial Officer and Vice President	$	435,400 	
	M. Rudolph West
Vice President, Special Counsel	$	423,500Document

Exhibit 10.1

COMMUNITY HEALTHCARE TRUST 
INCORPORATED 
SECOND AMENDED AND RESTATED
EXECUTIVE OFFICER INCENTIVE PROGRAM

1.    Purpose. The Community Healthcare Trust Incorporated Amended and Restated 2014 Incentive Plan (the "Plan") was adopted to promote the interests of Community Healthcare Trust Incorporated (the "Company") and its stockholders by:

•strengthening the Company's ability to attract, motivate, and retain select Eligible Persons upon whose judgment, initiative, and efforts the financial success and growth of the business of the Company largely depend;

•offering such individuals additional incentives to put forth maximum efforts for the success of the business; and

•affording such select Eligible Persons an opportunity to acquire a proprietary interest in the Company through stock ownership and other performance-based rights.

This Second Amended and Restated Executive Officer Incentive Program is being adopted in accordance with the Plan and is intended to further the purposes of the Plan by providing incentives to the Company's executive officers that are designed to reward individual performance, the achievement of specific Company-level financial goals and total shareholder return.

2.    Definitions. Whenever the following capitalized terms are used in this Second Amended and Restated Executive Officer Incentive Program, they shall have the meanings specified below:

"3-year TSR" means for any person for any three-year period the sum of: (X) the per share Fair Market Value as of the last June 30 of such three-year period minus the per share Fair Market Value of the Common Stock as of the first July 1 of such three-year period, and (Y) the aggregate dividends paid to common stockholders during such three-year period divided by (Z) the per share Fair Market Value as of the first July 1 of such three-year period, expressed as a percentage.

"5-year TSR" means for any person for any five-year period the sum of: (X) the per share Fair Market Value as of the last June 30 of such five-year period minus the per share Fair Market Value of the Common Stock as of the first July 1 of such five-year period, and (Y) the aggregate dividends paid to common stockholders during such five-year period divided by (Z) the per share Fair Market Value as of the first July 1 of such five-year period, expressed as a percentage.

"AFFO" means adjusted funds from operations per share, as reported to the public by the Company in its earnings and results of operations news releases and in its periodic reports filed with the Securities and Exchange Commission under the Securities Exchange Act of 1934, as amended with adjustments made to normalize the effect of equity offerings.

"Peer Group" means the most recent group of equity real estate investment trusts ("REITs") that the Committee’s compensation consultant chooses as the Company’s Peer Group.
Other capitalized terms used herein, but not defined, shall have the meanings attributed to such terms in the Plan.

3.    Participation. The Participants in this Second Amended and Restated Executive Officer Incentive Program are the Eligible Persons who are executive officers of CHCT or its Affiliates or Subsidiaries and who have been named by the Committee to participate in this program.

4.    Awards. Awards may be in the form of cash or restricted stock as outlined below and may be granted to each Participant upon the Committee's determination and in its discretion and shall be subject to such vesting periods as outlined below. Awards shall generally be of the following types:

"Individual Performance Awards" ("IPA") are in the discretion of the Committee and shall be for the         purposes of: (i) rewarding a Participant's individual efforts in contributing to the success of the Company and the Participant's demonstration of competency within his or her job description and requisite skill sets and (ii) retaining the Participant as an executive officer of the Company. The Committee anticipates that Participants will have the opportunity to earn an IPA each year. The Company will generally target a maximum IPA for each Participant of up to 50% of such Participant's Base Salary.

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"Company Performance Awards " ("CPA") shall be based on specific Company performance targets. The Committee may determine, in its discretion, the particular financial and/or operating metrics to be targeted, which may include, but are not limited to FAD, AFFO, payout percentages, etc. The measurement period shall be four consecutive quarters ending on June 30 of each year or such date as the Committee may determine. The Committee anticipates that Participants will have the opportunity to earn Company Performance Awards each year. The Company will generally target a maximum of two performance metrics during any given measurement period and a maximum combined award for all such metrics of up to 50% of such Participant's Base Salary. The initial Company performance metric is as outlined on Exhibit B hereto.

"TSR Awards" ("TSRA") shall be based on the Company's total shareholder return, as measured against the Peer Group as of the last trading day of the year. The criteria for awarding TSRAs shall be the Company's relative total shareholder return performance measured as a percentile, as compared to the total shareholder returns of the companies in the Peer Group. The measurement period shall be twelve and twenty consecutive quarters as outlined in Section 2 above. The Company will generally target a maximum TSRA for each Participant of up to 200% of such Participant's Base Salary. Participants shall have the opportunity to earn TSRAs each year based on 3-year TSR and 5-year TSR. TSRAs shall be in the form of Restricted Stock Awards with an eight-year cliff vesting period and shall not be available for the Company’s Alignment of Interest Program. The initial TSRA percentages are as outlined in Exhibit B hereto. The Determination Date shall be June 30 of each year or, if such date is not a trading day, then the trading day immediately preceding June 30.  The number of shares shall be determined as of the Determination Date by dividing the total of the Participant's TSRA by the average closing price of the common stock for the 10 trading days immediately preceding the Determination Date.

The Committee shall have the discretion to alter the administration of awards under this Second Amended and Restated Executive Officer Incentive Program at any time prior to the grant of any such award, in accordance with Section 4.3 of the Plan.

5.    Restricted Stock Election Awards. At the election of the Participant, the Participant may use any Individual Performance Awards and/or Company Performance Awards paid in cash under this Second Amended and Restated Executive Officer Incentive Plan to purchase restricted stock, of the Company in accordance with the terms and provisions of the Plan and the Company's Alignment of Interest Program.

6.    Termination of Employment. In the event of termination of a Participant's employment, the disposition of any unvested Awards will be determined in accordance with such Participant's written employment agreement and Award Agreement, if applicable. If a Participant is not employed pursuant to a written employment agreement and voluntarily terminates his or her employment, or is terminated for Cause (as such term is defined in the Plan), such Participant will forfeit any unvested Awards. If a Participant is not employed pursuant to a written employment agreement and such employment is terminated by the Company without Cause, or by reason of Participant's death, Disability or retirement (upon attainment of eligibility to retire in accordance with any applicable Company policy then in effect) all unvested Awards will continue to vest pursuant to the Restricted Stock Agreement such stock is subject to. The provisions of Section 7 of the Plan will govern in the event of a Change of Control and are not intended to be altered by this Section 6. Notwithstanding the foregoing, for any Participant who is subject to Code Section 162(m) compensation restrictions, no unvested Awards which are intended to be performance-based compensation under Code Section 162(m) shall vest unless the performance goals have been satisfied on a pro rata basis by the termination date.

7.    Amendments. The Committee may from time to time amend or modify this Second Amended and Restated Executive Officer Incentive Program, provided that no such action shall adversely affect Awards previously granted hereunder.

8.    Survival. This Second Amended and Restated Executive Officer Incentive Program shall continue in effect as long as the Plan is in effect or until terminated by the Committee.

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Exhibit A Company Performance Metric

												
		AFFO Payout Percentage Required to Pay Target Dividend	Company Performance Award Percentage	
		95%	10%	
		94%	20%	
		93%	30%	
		92%	40%	
		91%	50%	
		90%	60%	
		89%	70%	
		88%	80%	
		87%	90%	
		86%	100%	
		85%	110%	
		84%	120%	
		83%	130%	
		82%	140%	
		<81%	150%	

AFFO Payout Percentages for other than whole integers shall be prorated with the corresponding Company Performance Index.  For Example, a Payout Percentage of 94.5% shall equate to a Company Performance Index of 15%.

												
		TARGET DIVIDENDS	
		PLAN YEAR END	TARGET DIVIDEND	
		6/30/17	$1.55	
		6/30/18	$1.60	
		6/30/19	$1.65	
		6/30/20	$1.70	
		6/30/21	$1.75	
		6/30/22	$1.80	
		6/30/23	$1.85	
		6/30/24	$1.90	

Exhibit B Total Shareholder Return Award Percentages of Base Salary

																		
	TSR Measure	<25th Percentile	>=25th Percentile	>=50th Percentile	>=75th Percentile	>100th Percentile
	3-Year TSR	0.0%	25.0%	50.0%	75.0%	100.0%
	5-Year TSR	0.0%	25.0%	50.0%	75.0%	100.0%

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