Document:

Registration Rights Agreement

 Exhibit 4.1 

  
 REGISTRATION RIGHTS AGREEMENT 
  
 Dated as of May 20, 2004 
  
 By and Among 
  
 CONSOLIDATED CONTAINER COMPANY LLC, 
 CONSOLIDATED CONTAINER CAPITAL, INC., 
  
 the GUARANTORS 
 named herein 
  
 and 
  
 DEUTSCHE BANK SECURITIES INC. 
  
 10 3/4% Senior Secured Discount Notes due 2009 
  

  

 TABLE OF CONTENTS 
  

			
	 	  	Page

		
	 1.      Definitions
	  	1
		
	 2.      Exchange Offer
	  	4
		
	 3.      Shelf Registration
	  	8
		
	 4.      Liquidated Damages
	  	10
		
	 5.      Registration Procedures
	  	12
		
	 6.      Registration Expenses
	  	19
		
	 7.      Indemnification
	  	20
		
	 8.      Rules 144 and 144A
	  	24
		
	 9.      Underwritten Registrations
	  	24
		
	 10.    Miscellaneous
	  	24
		
	 (a)    No Inconsistent Agreements
	  	24
	 (b)    Adjustments Affecting Registrable Securities
	  	25
	 (c)    Amendments and Waivers
	  	25
	 (d)    Notices
	  	25
	 (e)    Successors and Assigns
	  	26
	 (f)     Counterparts
	  	26
	 (g)    Headings
	  	27
	 (h)    Governing Law
	  	27
	 (i)     Severability
	  	27
	 (j)     Notes Held by the Issuers or their Affiliates
	  	27
	 (k)    Third Party Beneficiaries
	  	27

  

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 REGISTRATION RIGHTS AGREEMENT 
  
 This Registration Rights Agreement (the “Agreement”) is dated as of May 20, 2004, by and among CONSOLIDATED
CONTAINER COMPANY LLC, a Delaware limited liability company (“Company”), CONSOLIDATED CONTAINER CAPITAL, INC., a Delaware corporation (“Capital,” and together with the Company, the “Issuers”), the
subsidiaries of the Company that are listed on the signature pages hereto (collectively, and together with any subsidiary that in the future executes a supplemental indenture pursuant to which such subsidiary agrees to guarantee the Notes (as
hereinafter defined), the “Guarantors”), and Deutsche Bank Securities Inc. (the “Initial Purchaser”). 
  
 This Agreement is entered into in connection with the Purchase Agreement, dated as of May 11, 2004, by and among the Issuers, the Guarantors and the
Initial Purchaser (the “Purchase Agreement”), which provides for the sale by the Issuers to the Initial Purchaser of $207,000,000 aggregate principal amount (yielding gross proceeds of approximately $150,101,910 of its 10 3/4%
Senior Secured Discount Notes due 2009 (the “Notes”), guaranteed by the Guarantors (the “Guarantees”). The Notes and the Guarantees are collectively referred to herein as the “Securities.” In order
to induce the Initial Purchaser to enter into the Purchase Agreement, the Issuers and the Guarantors have agreed, among other things, to provide the registration rights set forth in this Agreement for the benefit of the Initial Purchaser and any
subsequent holder or holders of the Securities. The execution and delivery of this Agreement is a condition to the Initial Purchaser’s obligation to purchase the Securities under the Purchase Agreement. 
  
 The parties hereby agree as follows: 
  

	1.	Definitions 

  
 As used in this Agreement, the following terms shall have the following meanings: 
  
 Accreted Value: Shall have the meaning assigned to it in the Indenture. 
  
 Advice: See the last paragraph of Section 5 hereof. 
  
 Agreement: See the introductory paragraphs hereto. 
  
 Applicable Period: See Section 2(b) hereof. 
  
 Company: See the introductory paragraphs hereto. 
  
 Effectiveness Date: With respect to (i) the Exchange Offer
Registration Statement, the 180th day after the Issue Date and (ii) any Shelf Registration Statement, the 90th day after the Filing Date with respect thereto. 
  

Effectiveness Period: See Section 3(a) hereof. 
  

 Event Date: See Section 4(b) hereof. 
  
 Exchange Act: The Securities Exchange Act of 1934, as amended, and the rules and regulations of the SEC promulgated
thereunder. 
  
 Exchange Securities: See Section 2(a)
hereof. 
  
 Exchange Offer: See Section 2(a) hereof.

  
 Exchange Offer Registration Statement: See Section 2(a)
hereof. 
  
 Filing Date: (A) If no Registration Statement
has been filed by the Issuers pursuant to this Agreement, the 90th day after the Issue Date; and (B) in any other case (which may be applicable notwithstanding the consummation of the Exchange Offer), the 30th day after the delivery of a Shelf
Notice. 
  
 Guarantees: See the introductory paragraphs
hereto. 
  
 Guarantors: See the introductory paragraphs
hereto. 
  
 Holder: Any holder of a Registrable Security or
Registrable Securities. 
  
 Indemnified Person: See Section
7(c) hereof. 
  
 Indemnifying Person: See Section 7(c)
hereof. 
  
 Indenture: The Indenture, dated as of May 20,
2004, between the Issuers, the Guarantors and The Bank of New York, as Trustee thereunder, pursuant to which the Securities are issued, as amended or supplemented from time to time in accordance with the terms thereof. 
  
 Initial Purchaser: See the introductory paragraphs hereto. 

 
 Initial Shelf Registration: See Section 3(a) hereof. 
  
 Inspectors: See Section 5(n) hereof. 
  
 Issue Date: May 20, 2004, the date of original issuance of the
Securities. 
  
 Issuers: See the introductory paragraphs
hereto. 
  
 Liquidated Damages: See Section 4(a) hereof.

  
 NASD: See Section 5(s) hereof. 
  
 Notes: See the introductory paragraphs hereto. 
  
 Participant: See Section 7(a) hereof. 
  
 Participating Broker-Dealer: See Section 2(b) hereof. 
  

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 Person: An individual, trustee, corporation, limited liability company, partnership, joint stock
company, trust, unincorporated association, union, business association, firm or other legal entity. 
  
 Private Exchange: See Section 2(b) hereof. 
  
 Private Exchange Securities: See Section 2(b) hereof. 
  
 Prospectus: The prospectus included in any Registration Statement (including, without limitation, any prospectus subject to completion and a
prospectus that includes any information previously omitted from a prospectus filed as part of an effective registration statement in reliance upon Rule 430A under the Securities Act and any term sheet filed pursuant to Rule 434 under the Securities
Act), as amended or supplemented by any prospectus supplement, and all other amendments and supplements to the Prospectus, including post-effective amendments, and all material incorporated by reference or deemed to be incorporated by reference in
such Prospectus. 
  
 Purchase Agreement: See the
introductory paragraphs hereto. 
  
 Records: See Section
5(n) hereof. 
  
 Registrable Securities: Each Security upon
its original issuance and at all times subsequent thereto, each Exchange Security (and the related Guarantees) as to which Section 2(c)(iv) hereof is applicable upon original issuance and at all times subsequent thereto and each Private Exchange
Security (and the related Guarantees) upon original issuance thereof and at all times subsequent thereto, until (i) a Registration Statement (other than, with respect to any Exchange Security as to which Section 2(c)(iv) hereof is applicable, the
Exchange Offer Registration Statement) covering such Security, Exchange Security or Private Exchange Security has been declared effective by the SEC and such Security, Exchange Security or such Private Exchange Security, as the case may be, has been
disposed of in accordance with such effective Registration Statement, (ii) such Security has been exchanged pursuant to the Exchange Offer for an Exchange Security or Exchange Securities that may be resold without restriction under federal
securities laws, (iii) such Security, Exchange Security or Private Exchange Security, as the case may be, ceases to be outstanding for purposes of the Indenture or (iv) such Security, Exchange Security or Private Exchange Security, as the case may
be, may be resold without restriction pursuant to Rule 144 under the Securities Act. 
  
 Registration Statement: Any registration statement of the Issuers and the Guarantors that covers any of the Securities, the Exchange Securities or the Private Exchange Securities filed with the SEC under the
Securities Act, including the Prospectus, amendments and supplements to such registration statement, including post-effective amendments, all exhibits, and all material incorporated by reference or deemed to be incorporated by reference in such
registration statement. 
  
 Rule 144: Rule 144 promulgated
under the Securities Act, as such Rule may be amended from time to time, or any similar rule (other than Rule 144A) or regulation hereafter adopted by the SEC providing for offers and sales of securities made in compliance therewith 

  

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resulting in offers and sales by subsequent holders that are not affiliates of the Issuers and the Guarantors of such securities being free of the
registration and prospectus delivery requirements of the Securities Act. 
  
 Rule 144A: Rule 144A promulgated under the Securities Act, as such rule may be amended from time to time, or any similar rule (other than Rule 144) or regulation hereafter adopted by the SEC. 
  
 Rule 415: Rule 415 promulgated under the Securities Act, as such rule
may be amended from time to time, or any similar rule or regulation hereafter adopted by the SEC. 
  
 SEC: The Securities and Exchange Commission. 
  
 Securities: See the introductory paragraphs hereto. 
  
 Securities Act: The Securities Act of 1933, as amended, and the rules and regulations of the SEC promulgated thereunder. 
  
 Shelf Notice: See Section 2(c) hereof. 
  
 Shelf Registration: See Section 3(b) hereof. 
  
 Shelf Registration Statement: Any Registration Statement relating to a
Shelf Registration. 
  
 Subsequent Shelf Registration: See
Section 3(b) hereof. 
  
 TIA: The Trust Indenture Act of
1939, as amended. 
  
 Trustee: The trustee under the
Indenture. 
  
 Underwritten registration or underwritten
offering: A registration in which Securities of one or more of the Issuers and the Guarantors are sold to an underwriter for reoffering to the public. 
  

	2.	Exchange Offer 

  
 (a) To the extent not prohibited by applicable laws, rules, regulations or applicable interpretations of the staff of the SEC, the Issuers
and the Guarantors shall file with the SEC, no later than the Filing Date, a Registration Statement (the “Exchange Offer Registration Statement”) on an appropriate registration form with respect to a registered offer (the
“Exchange Offer”) to exchange any and all of the Registrable Securities for the same aggregate principal amount at maturity of notes (the “Exchange Securities”) of the Issuers, guaranteed by the Guarantors, that are
identical in all material respects to the Securities except that the Exchange Securities shall contain no restrictive legend thereon. The Exchange Offer shall comply with all applicable tender offer rules and regulations under the Exchange Act and
other applicable laws. The Issuers and the Guarantors shall use their reasonable best efforts to (x) cause the Exchange Offer 

  

 -4- 

 
Registration Statement to be declared effective under the Securities Act on or before the Effectiveness Date; (y) keep the Exchange Offer open for not less
than 30 days (or longer if required by applicable law) after the date that notice of the Exchange Offer is mailed to Holders; and (z) consummate the Exchange Offer on or prior to the 40th day following the date on which the Exchange Offer
Registration Statement is declared effective by the SEC. If, after the Exchange Offer Registration Statement is initially declared effective by the SEC, the Exchange Offer or the issuance of the Exchange Securities thereunder is interfered with by
any stop order, injunction or other order or requirement of the SEC or any other governmental agency or court, the Exchange Offer Registration Statement shall be deemed not to have become effective for purposes of this Agreement. 
  
 Each Holder participating in the Exchange Offer shall be required to
represent to the Issuers that at the time of the consummation of the Exchange Offer (i) any Exchange Securities received by such Holder will be acquired in the ordinary course of business, (ii) such Holder will have no arrangements or understanding
with any person to participate in the distribution of the Securities or the Exchange Securities within the meaning of the Securities Act, (iii) such Holder is not an “affiliate,” as defined in Rule 405 of the Securities Act, of the Company
or if it is an affiliate, such Holder will comply with the registration and prospectus delivery requirements of the Securities Act to the extent applicable, (iv) if such Holder is not a broker-dealer, that it is not engaged in, and does not intend
to engage in, the distribution of the Exchange Securities and (v) if such Holder is a broker-dealer, that it will receive Exchange Securities for its own account in exchange for Initial Securities that were acquired as a result of market-making
activities or other trading activities and that it will be required to acknowledge that it will deliver a prospectus in connection with any resale of such Exchange Securities. 
  
 Upon consummation of the Exchange Offer in accordance with this Section 2, the provisions of this Agreement shall continue
to apply, solely with respect to Registrable Securities that are Private Exchange Securities, Exchange Securities as to which Section 2(c)(iv) is applicable and Exchange Securities held by Participating Broker-Dealers, and the Issuers and the
Guarantors shall have no further obligation to register Registrable Securities (other than Private Exchange Securities and other than in respect of any Exchange Securities as to which clause 2(c)(iv) hereof applies) pursuant to this Agreement. No
Securities other than the Exchange Securities shall be included in the Exchange Offer Registration Statement. 
  
 (b) The Issuers and the Guarantors shall include within the Prospectus contained in the Exchange Offer Registration Statement a section
entitled “Plan of Distribution,” which shall contain such reasonable and customary information as the Initial Purchaser shall reasonably request. 
  
 The Issuers and the Guarantors shall use their reasonable best efforts to keep the Exchange Offer Registration Statement effective and to amend and
supplement the Prospectus contained therein in order to permit such Prospectus to be lawfully delivered by all Persons subject to the prospectus delivery requirements of the Securities Act for such period of time as is necessary to comply with
applicable law in connection with any resale of the Exchange Securities covered thereby; provided, however, that such period shall not exceed 180 days after 

  

 -5- 

 
such Exchange Offer Registration Statement is declared effective (or such longer period if extended pursuant to the last paragraph of Section 5 hereof) (the
“Applicable Period”). 
  
 If, prior to
consummation of the Exchange Offer, the Initial Purchaser holds any Securities acquired by it that have, or that are reasonably likely to be determined to have, the status of an unsold allotment in an initial distribution, or any Holder is not
entitled to participate in the Exchange Offer, the Issuers and the Guarantors upon the request of any such Holder shall simultaneously with the delivery of the Exchange Securities in the Exchange Offer, issue and deliver to any such Holder, in
exchange (the “Private Exchange”) for such Securities held by any such Holder, the same principal amount at maturity of notes (the “Private Exchange Securities”) of the Issuers, guaranteed by the Guarantors, that
are identical in all material respects to the Exchange Securities (except that they may bear a customary legend with respect to restrictions on transfer). The Private Exchange Securities shall be issued pursuant to the same indenture as the Exchange
Securities. The Issuers and the Guarantors shall use their reasonable best efforts to cause the Private Exchange Securities, subsequent to the sale thereof pursuant to an effective Shelf Registration (as defined in Section 3(b) hereof) and removal
of any legends restricting the transfer of such Private Exchange Securities, to bear the same CUSIP number as the Exchange Securities. 
  
 Interest on the Exchange Securities and the Private Exchange Securities will accrue from (A) the later of (i) the last interest payment date on which
interest was paid on the Securities surrendered in exchange therefor or (ii) if the Securities are surrendered for exchange on a date in a period which includes the record date for an interest payment date to occur on or after the date of such
exchange and as to which interest will be paid, the date of such interest payment or (B) if no interest has been paid on the Securities, from the Issue Date. 
  
 In connection with the Exchange Offer, the Issuers and the Guarantors shall: 
  
 (1) mail, or cause to be mailed, to each Holder entitled to participate in the Exchange Offer a copy of the
Prospectus forming part of the Exchange Offer Registration Statement, together with an appropriate letter of transmittal and related documents; 
  
 (2) keep the Exchange Offer open for not less than 30 days after the date that notice of the Exchange Offer is mailed to Holders (or
longer if required by applicable law); 
  
 (3)
utilize the services of a depositary for the Exchange Offer with an address in the Borough of Manhattan, The City of New York; 
  
 (4) permit Holders to withdraw tendered Securities at any time prior to the close of business, New York time, on the last business day on
which the Exchange Offer shall remain open; and 
  
 (5) otherwise comply in all material respects with all applicable laws, rules and regulations. 
  

 -6- 

 As soon as practicable after the close of the Exchange Offer and the Private Exchange, if any, the
Issuers and the Guarantors shall: 
  
 (1) accept
for exchange all Registrable Securities validly tendered and not validly withdrawn pursuant to the Exchange Offer and the Private Exchange, if any; 
  
 (2) deliver to the Trustee for cancellation all Registrable Securities so accepted for exchange; and 
  
 (3) cause the Trustee to authenticate and deliver to each
Holder of Securities, Exchange Securities or Private Exchange Securities, as the case may be, equal in principal amount at maturity to the Securities of such Holder so accepted for exchange; provided that, in the case of any Securities held in
global form by a depositary, authentication and delivery to such depositary of one or more replacement Securities in global form in an equivalent principal amount thereto for the account of such Holders in accordance with the Indenture shall satisfy
such authentication and delivery requirement. 
  
 The Exchange
Offer and the Private Exchange shall not be subject to any conditions, other than that (i) the Exchange Offer or Private Exchange, as the case may be, does not violate applicable law or any applicable interpretation of the staff of the SEC, (ii) no
action or proceeding shall have been instituted or threatened in any court or by any governmental agency which would be reasonably likely to materially impair the ability of the Issuers and the Guarantors to proceed with the Exchange Offer or the
Private Exchange, and no material adverse development shall have occurred in any existing action or proceeding with respect to the Issuers and the Guarantors and (iii) all governmental approvals shall have been obtained, which approvals the Issuers
and the Guarantors deem necessary for the consummation of the Exchange Offer or Private Exchange. 
  
 The Exchange Securities and the Private Exchange Securities shall be issued under (i) the Indenture or (ii) an indenture identical in all material
respects to the Indenture and which, in either case, has been qualified under the TIA or is exempt from such qualification and shall provide that the Exchange Securities shall not be subject to the transfer restrictions set forth in the Indenture.
The Indenture provides or such indenture shall provide that the Exchange Securities, the Private Exchange Securities and the Securities shall vote and consent together on all matters as one class and that none of the Exchange Securities, the Private
Exchange Securities or the Securities will have the right to vote or consent as a separate class on any matter. 
  
 (c) If, (i) because of any change in law or in currently prevailing interpretations of the staff of the SEC, the Issuers and the
Guarantors are not permitted to effect the Exchange Offer, (ii) the Exchange Offer is not consummated within 210 days of the Issue Date, (iii) the Initial Purchaser or any holder of Private Exchange Securities so requests in writing to the Issuers
at any time after the consummation of the Exchange Offer, or (iv) in the case of any Holder that participates in the Exchange Offer, such Holder does not receive Exchange Securities on the date of the exchange that may be sold without restriction
under state and federal securities laws (other than due solely to the status of such Holder as an affiliate of the Issuers and the Guarantors within the meaning of the 

  

 -7- 

 
Securities Act) and so notifies the Issuers within 30 days after such Holder first becomes aware of such restrictions, in the case of each of clauses (i) to
and including (iv) of this sentence, then the Issuers and the Guarantors shall promptly deliver to the Holders and the Trustee written notice thereof (the “Shelf Notice”) and as promptly as possible shall file a Shelf Registration
pursuant to Section 3 hereof. 
  

	3.	Shelf Registration 

  
 If at any time a Shelf Notice is delivered as contemplated by Section 2(c) hereof, then: 
  
 (a) Shelf Registration. The Issuers and the Guarantors shall as promptly as possible file with the
SEC a Registration Statement for an offering to be made on a continuous basis pursuant to Rule 415 covering all of the Registrable Securities not permitted to be exchanged in the Exchange Offer in accordance with the terms of this Agreement, Private
Exchange Securities and Exchange Securities as to which Section 2(c)(iv) is applicable (the “Initial Shelf Registration”). The Issuers and the Guarantors shall use their reasonable best efforts to file with the SEC the Initial Shelf
Registration on or before the applicable Filing Date. The Initial Shelf Registration shall be on Form S-1 or another appropriate form permitting registration of such Registrable Securities for resale by Holders in the manner or manners designated by
them (including, without limitation, one or more underwritten offerings). The Issuers and the Guarantors shall not permit any Securities other than the Registrable Securities to be included in the Initial Shelf Registration or any Subsequent Shelf
Registration (as defined below). 
  
 The Issuers
and the Guarantors shall use their reasonable best efforts to cause the Initial Shelf Registration to be declared effective under the Securities Act on or prior to the Effectiveness Date and to keep the Initial Shelf Registration continuously
effective under the Securities Act until the date which is the earlier of two years after the Issue Date (the “Effectiveness Period”), or such shorter period ending when all Registrable Securities covered by the Shelf Registration
have been sold in the manner set forth and as contemplated in the Initial Shelf Registration or, if applicable, a Subsequent Shelf Registration; provided, however, that the Effectiveness Period in respect of the Initial Shelf
Registration shall be extended to the extent required to permit dealers to comply with the applicable prospectus delivery requirements of Rule 174 under the Securities Act and as otherwise provided herein and shall be subject to reduction to the
extent that the applicable provisions of Rule 144(k) are amended or revised to reduce the two year holding period set forth therein. 
  
 No holder of Registrable Securities may include any of its Registrable Securities in any Shelf Registration Statement pursuant to this
Agreement unless and until such holder furnishes to the Issuers in writing, within 15 business days after receipt of a request therefor, such information as the Issuers may reasonably request for use in connection with any Shelf Registration
Statement or Prospectus or preliminary prospectus included therein. No holder of Registrable Securities shall be entitled to Liquidated Damages pursuant to Section 4 hereof unless and until such holder shall have 

  

 -8- 

 
provided all such reasonably requested information. Each holder of Registrable Securities as to which any Shelf Registration Statement is being effected
agrees to furnish promptly to the Issuers all information required to be disclosed in order to make information previously furnished to the Issuers by such Holder not materially misleading. 
  
 (b) Withdrawal of Stop Orders; Subsequent Shelf
Registrations. If the Initial Shelf Registration or any Subsequent Shelf Registration ceases to be effective for any reason at any time during the Effectiveness Period (other than because of the sale of all of the Securities registered
thereunder), the Issuers and the Guarantors shall use their reasonable best efforts to obtain the prompt withdrawal of any order suspending the effectiveness thereof, and in any event shall within 30 days of such cessation of effectiveness amend the
Initial Shelf Registration in a manner to obtain the withdrawal of the order suspending the effectiveness thereof, or file an additional Shelf Registration Statement pursuant to Rule 415 covering all of the Registrable Securities covered by and not
sold under the Initial Shelf Registration or an earlier Subsequent Shelf Registration (each, a “Subsequent Shelf Registration”). If a Subsequent Shelf Registration is filed, the Issuers and the Guarantors shall use their reasonable
best efforts to cause the Subsequent Shelf Registration to be declared effective under the Securities Act as soon as practicable after such filing and to keep such subsequent Shelf Registration continuously effective for a period equal to the number
of days in the Effectiveness Period less the aggregate number of days during which the Initial Shelf Registration or any Subsequent Shelf Registration was previously continuously effective. As used herein the term “Shelf
Registration” means the Initial Shelf Registration and any Subsequent Shelf Registration. 
  
 (c) Supplements and Amendments. The Issuers and the Guarantors shall promptly supplement and amend any Shelf Registration if
required by the rules, regulations or instructions applicable to the registration form used for such Shelf Registration, if required by the Securities Act, or if reasonably requested by the Holders of a majority in aggregate principal amount of at
maturity the Registrable Securities covered by such Registration Statement or by any underwriter of such Registrable Securities. 
  
 (d) Blackout Period. Notwithstanding anything to the contrary in this Agreement, the Issuers and the Guarantors, upon notice to the
Holders of Registrable Securities, may suspend the use of the Prospectus included in any Shelf Registration in the event that, and for a period of time (the “Blackout Period”) not to exceed an aggregate of 60 days in any 12-month
period (1) the board of directors or manager of any Issuer or Guarantor determines in good faith that the disclosure of an event, occurrence or other item at such time could reasonably be expected to have a material adverse effect on the business,
operations or prospects of such Issuer or Guarantor, or (2) the disclosure otherwise relates to a material business transaction that has not been publicly disclosed and the board of directors or manager of any Issuer or Guarantor determines in good
faith that any such disclosure would jeopardize the success of such transaction or that disclosure of the transaction is prohibited pursuant to the terms thereof. Upon the termination of the Blackout Period, the Issuers and the Guarantors promptly
shall notify the Holders of Registrable Securities that such Blackout Period has terminated. 
  

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	4.	Liquidated Damages 

  
 (a) The Issuers, the Guarantors and the Initial Purchaser agree that the Holders will suffer damages if the Issuers and the Guarantors
fail to fulfill their respective obligations under Section 2 or Section 3 hereof and that it would not be feasible to ascertain the extent of such damages with precision. Accordingly, the Issuers and the Guarantors agree, to pay, jointly and
severally, liquidated damages on the Securities (“Liquidated Damages”) under the circumstances and to the extent set forth below (each of which shall be given independent effect): 
  
 (i) if (A) neither the Exchange Offer Registration Statement
nor the Initial Shelf Registration has been filed on or prior to the Filing Date applicable thereto or (B) notwithstanding that the Issuers and the Guarantors have consummated or will consummate the Exchange Offer, the Issuers and the Guarantors are
required to file a Shelf Registration and such Shelf Registration is not filed on or prior to the Filing Date applicable thereto, then, commencing on the day after any such Filing Date, Liquidated Damages shall accrue on the Accreted Value of the
Securities at a rate of 0.25% per annum for the first 90 days immediately following such applicable Filing Date, and such Liquidated Damages rate shall increase by an additional 0.25% per annum at the beginning of each subsequent 90 day period; or

  
 (ii) if (A) neither the Exchange Offer
Registration Statement nor the Initial Shelf Registration is declared effective by the SEC on or prior to the Effectiveness Date applicable thereto or (B) notwithstanding that the Issuers and the Guarantors have consummated or will consummate the
Exchange Offer, the Issuers and the Guarantors are required to file a Shelf Registration and such Shelf Registration is not declared effective by the SEC on or prior to the Effectiveness Date applicable to such Shelf Registration, then, commencing
on the day after such Effectiveness Date, Liquidated Damages shall accrue on the Accreted Value of the Securities at a rate of 0.25% per annum for the first 90 days immediately following the day after such Effectiveness Date, and such Liquidated
Damages rate shall increase by an additional 0.25% per annum at the beginning of each subsequent 90 day period; or 
  
 (iii) if (A) the Issuers and the Guarantors have not exchanged Exchange Securities for all Securities validly tendered in accordance with
the terms of the Exchange Offer on or prior to the 40th day after the date on which the Exchange Offer Registration Statement relating thereto was declared effective or (B) if applicable, a Shelf Registration has been declared effective and such
Shelf Registration ceases to be effective at any time during the Effectiveness Period (other than during any Blackout Period relating to such Shelf Registration), then Liquidated Damages shall accrue on the Accreted Value of the Securities at a rate
of 0.25% per annum for the first 90 days commencing on the (x) 41st day after such effective date, in the case of
(A) above, or (y) the day such Shelf Registration ceases to be effective in the case of (B) above, and such Liquidated Damages rate shall increase by an additional 0.25% per annum at the beginning of each such subsequent 90 day period; 

  

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provided, however, that the Liquidated Damages rate on the Securities may not accrue under more than one of the foregoing clauses (i)-(iii) at
any one time and at no time shall the aggregate amount of additional interest accruing exceed in the aggregate 1.0% per annum and Liquidated Damages shall not accrue under clause (iii)(B) above during the continuation of a Blackout Period;
provided, further, however, that (1) upon the filing of the applicable Exchange Offer Registration Statement or the applicable Shelf Registration as required hereunder (in the case of clause (i) above of this Section 4), (2)
upon the effectiveness of the Exchange Offer Registration Statement or the applicable Shelf Registration Statement as required hereunder (in the case of clause (ii) of this Section 4), or (3) upon the exchange of the Exchange Securities for all
Securities tendered (in the case of clause (iii)(A) of this Section 4), or upon the effectiveness of the applicable Shelf Registration Statement which had ceased to remain effective (in the case of (iii)(B) of this Section 4), Liquidated Damages on
the Securities in respect of which such events relate as a result of such clause (or the relevant subclause thereof), as the case may be, shall cease to accrue. 
  
 A Registration Default referred to in Section (iii)(B) hereof shall be deemed not to have occurred and be
continuing in relation to a Shelf Registration Statement or the related prospectus if such Registration Default has occurred solely as a result of the filing of a post-effective amendment to such Shelf Registration Statement to incorporate annual
audited financial information with respect to the Issuers where such post-effective amendment is not yet effective and needs to be declared effective to permit Holders to use the related prospectus; provided, however, that if such
Registration Default occurs for an aggregate in excess of 30 days, Liquidated Damages shall be payable in accordance with the above paragraph from the 31st day after such Registration Default occurs until such Registration Default is cured.

  
 (b) The Issuers and the Guarantors shall
notify the Trustee within one business day after each and every date on which an event occurs in respect of which Liquidated Damages is required to be paid (an “Event Date”). Any amounts of Liquidated Damages due pursuant to (a)(i),
(a)(ii) or (a)(iii) of this Section 4 will be payable in cash semiannually on each June 15 and December 15 (to the holders of record on the June 1 and December 1 immediately preceding such dates), commencing with the first such date occurring after
any such Liquidated Damages commences to accrue. The amount of Liquidated Damages will be determined by multiplying the applicable Liquidated Damages rate by the principal amount of the Registrable Securities, multiplied by a fraction, the numerator
of which is the number of days such Liquidated Damages rate was applicable during such period (determined on the basis of a 360 day year comprised of twelve 30 day months and, in the case of a partial month, the actual number of days elapsed), and
the denominator of which is 360. 
  

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	5.	Registration Procedures 

  
 In connection with the filing of any Registration Statement pursuant to Sections 2 or 3 hereof, the Issuers and the Guarantors shall effect such
registrations to permit the sale of the Securities covered thereby in accordance with the intended method or methods of disposition thereof, and pursuant thereto and in connection with any Registration Statement filed by the Issuers and the
Guarantors hereunder each of the Issuers and the Guarantors shall: 
  
 (a) Prepare and file with the SEC prior to the applicable Filing Date, a Registration Statement or Registration Statements as prescribed by Sections 2 or 3 hereof, and use its reasonable best efforts to cause each
such Registration Statement to become effective and remain effective as provided herein; provided, however, that, if (1) such filing is pursuant to Section 3 hereof or (2) a Prospectus contained in the Exchange Offer Registration
Statement filed pursuant to Section 2 hereof is required to be delivered under the Securities Act by any Participating Broker-Dealer who seeks to sell Exchange Securities during the Applicable Period relating thereto from whom the Issuers and the
Guarantors have received timely notice that it will be a Participating Broker-Dealer in the Exchange Offer, before filing any Registration Statement or Prospectus or any amendments or supplements thereto, the Issuers and the Guarantors shall furnish
to and afford the Holders of the Registrable Securities covered by such Registration Statement or each such Participating Broker-Dealer, as the case may be, their counsel and the managing underwriters, if any, a reasonable opportunity to review
copies of all such documents (including copies of any documents to be incorporated by reference therein and all exhibits thereto) proposed to be filed (in each case at least five business days prior to such filing. The Issuers and the Guarantors
shall not file any Registration Statement or Prospectus or any amendments or supplements thereto if the Holders of a majority in aggregate principal amount at maturity of the Registrable Securities covered by such Registration Statement, their
counsel, or the managing underwriters, if any, shall reasonably object on a timely basis. 
  
 (b) Prepare and file with the SEC such amendments and post-effective amendments to each Shelf Registration Statement or Exchange Offer
Registration Statement, as the case may be, as may be necessary to keep such Registration Statement continuously effective for the Effectiveness Period or the Applicable Period or until consummation of the Exchange Offer, as the case may be; cause
the related Prospectus to be supplemented by any Prospectus supplement required by applicable law, and as so supplemented to be filed pursuant to Rule 424 (or any similar provisions then in force) promulgated under the Securities Act; and comply
with the provisions of the Securities Act and the Exchange Act applicable to it with respect to the disposition of all Securities covered by such Registration Statement as so amended or in such Prospectus as so supplemented and with respect to the
subsequent resale of any Securities being sold by a Participating Broker-Dealer covered by any such Prospectus; provided that, to the extent relating to a Shelf Registration Statement, none of the foregoing shall be required during a Blackout
Period. 
  
 (c) If (1) a Shelf Registration is
filed pursuant to Section 3 hereof, or (2) a Prospectus contained in the Exchange Offer Registration Statement filed pursuant to Section 2 hereof is required to be delivered under the Securities Act by any Participating Broker-Dealer who seeks to
sell Exchange Securities during the Applicable Period relating thereto from whom any Issuer has received timely written notice that it will be a Participating Broker-Dealer in the Exchange Offer, notify the selling Holders of Registrable Securities,
or each such Participating Broker-Dealer, as the case may be, their counsel and the managing underwriters, if any, promptly (but in any event within two business days), and confirm such notice in writing, (i) when a Prospectus or any 

  

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Prospectus supplement or post-effective amendment has been filed, and, with respect to a Registration Statement or any post-effective amendment, when the
same has become effective under the Securities Act (including in such notice a written statement that any Holder may, upon request, obtain, at the sole expense of the Issuers and the Guarantors, one conformed copy of such Registration Statement or
post-effective amendment including financial statements and schedules, documents incorporated or deemed to be incorporated by reference therein and exhibits), (ii) of the issuance by the SEC of any stop order suspending the effectiveness of a
Registration Statement or of any order preventing or suspending the use of any preliminary prospectus or the initiation of any proceedings for that purpose, (iii) if at any time when a prospectus is required by the Securities Act to be delivered in
connection with sales of the Registrable Securities or resales of Exchange Securities by Participating Broker-Dealers the representations and warranties of the Issuers and the Guarantors contained in any agreement (including any underwriting
agreement) contemplated by Section 5(m) hereof cease to be true and correct in all material respects, (iv) of the receipt by any Issuer of any notification with respect to the suspension of the qualification or exemption from qualification of a
Registration Statement or any of the Registrable Securities or the Exchange Securities to be sold by any Participating Broker-Dealer for offer or sale in any jurisdiction, or the initiation or threatening of any proceeding for such purpose, (v) of
the happening of any event, the existence of any condition or any information becoming known that makes any statement made in such Registration Statement or related Prospectus or any document incorporated or deemed to be incorporated therein by
reference untrue in any material respect or that requires the making of any changes in or amendments or supplements to such Registration Statement, Prospectus or documents so that, in the case of the Registration Statement, it will not contain any
untrue statement of a material fact or omit to state any material fact required to be stated therein or necessary to make the statements therein not misleading, and that in the case of the Prospectus, it will not contain any untrue statement of a
material fact or omit to state any material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading, and (vi) of the Issuers and the Guarantors’
determination that a post-effective amendment to a Registration Statement would be appropriate. 
  
 (d) If (1) a Shelf Registration is filed pursuant to Section 3 hereof, or (2) a Prospectus contained in the Exchange Offer Registration
Statement filed pursuant to Section 2 hereof is required to be delivered under the Securities Act by any Participating Broker-Dealer who seeks to sell Exchange Securities during the Applicable Period, use their reasonable best efforts to prevent the
issuance of any order suspending the effectiveness of a Registration Statement or of any order preventing or suspending the use of a Prospectus or suspending the qualification (or exemption from qualification) of any of the Registrable Securities or
the Exchange Securities to be sold by any Participating Broker-Dealer, for sale in any jurisdiction, and, if any such order is issued, to use their reasonable best efforts to obtain the withdrawal of any such order at the earliest possible date.

  

 -13- 

 (e) Subject to Section 3(d), if a Shelf Registration is filed pursuant to Section 3 and
if requested by the managing underwriter or underwriters (if any), the Holders of a majority in aggregate principal amount at maturity of the Registrable Securities being sold in connection with an underwritten offering or any Participating
Broker-Dealer, (i) as promptly as commercially practicable incorporate in a prospectus supplement or post-effective amendment such information as the managing underwriter or underwriters (if any), such Holders, any Participating Broker-Dealer or
counsel for any of them reasonably request to be included therein, (ii) make all required filings of such prospectus supplement or such post-effective amendment as soon as commercially practicable after any Issuer has received notification of the
matters to be incorporated in such prospectus supplement or post-effective amendment, and (iii) supplement or make amendments to such Registration Statement. 
  

(f) If (1) a Shelf Registration is filed pursuant to Section 3 hereof, or (2) a Prospectus contained in the Exchange Offer Registration
Statement filed pursuant to Section 2 hereof is required to be delivered under the Securities Act by any Participating Broker-Dealer who seeks to sell Exchange Securities during the Applicable Period, furnish to each selling Holder of Registrable
Securities or to each such Participating Broker-Dealer, as the case may be, who so requests and to counsel and each managing underwriter, if any, at the sole expense of the Issuers and the Guarantors, one conformed copy of the Registration Statement
or Registration Statements and each post-effective amendment thereto, including financial statements and schedules, and, if requested, all documents incorporated or deemed to be incorporated therein by reference and all exhibits. 
  
 (g) If (1) a Shelf Registration is filed pursuant to Section
3 hereof, or (2) a Prospectus contained in the Exchange Offer Registration Statement filed pursuant to Section 2 hereof is required to be delivered under the Securities Act by any Participating Broker-Dealer who seeks to sell Exchange Securities
during the Applicable Period, deliver to each selling Holder of Registrable Securities, or each such Participating Broker-Dealer, as the case may be, their respective counsel, and the underwriters, if any, at the sole expense of the Issuers and the
Guarantors, as many copies of the Prospectus or Prospectuses (including each form of preliminary prospectus) and each amendment or supplement thereto and any documents incorporated by reference therein as such Persons may reasonably request; and,
subject to the last paragraph of this Section 5, the Issuers and the Guarantors hereby consent to the use of such Prospectus and each amendment or supplement thereto by each of the selling Holders of Registrable Securities or each such Participating
Broker-Dealer, as the case may be, and the underwriters or agents, if any, and dealers (if any), in connection with the offering and sale of the Registrable Securities covered by, or the sale by Participating Broker-Dealers of the Exchange
Securities pursuant to, such Prospectus and any amendment or supplement thereto. 
  
 (h) Prior to any public offering of Registrable Securities or any delivery of a Prospectus contained in the Exchange Offer Registration
Statement by any Participating Broker-Dealer who seeks to sell Exchange Securities during the Applicable Period, use their reasonable best efforts to register or qualify, and to cooperate with the selling 

  

 -14- 

 
Holders of Registrable Securities or each such Participating Broker-Dealer, as the case may be, the managing underwriter or underwriters, if any, and their
respective counsel in connection with the registration or qualification (or exemption from such registration or qualification) of such Registrable Securities for offer and sale under the securities or Blue Sky laws of such jurisdictions within the
United States as any selling Holder, Participating Broker-Dealer, or the managing underwriter or underwriters reasonably request in writing; provided, however, that where Exchange Securities held by Participating Broker-Dealers or
Registrable Securities are offered other than through an underwritten offering, the Issuers and the Guarantors agree to cause their counsel to perform Blue Sky investigations and file registrations and qualifications required to be filed pursuant to
this Section 5(h); keep each such registration or qualification (or exemption therefrom) effective during the period such Registration Statement is required to be kept effective and do any and all other acts or things reasonably necessary to enable
the disposition in such jurisdictions of the Exchange Securities held by Participating Broker-Dealers or the Registrable Securities covered by the applicable Registration Statement; provided, however, that no Issuer shall be required
to (A) qualify generally to do business in any jurisdiction where it is not then so qualified, (B) take any action that would subject it to general service of process in any such jurisdiction where it is not then so subject or (C) subject itself to
taxation in any such jurisdiction where it is not then so subject. 
  
 (i) If a Shelf Registration is filed pursuant to Section 3 hereof, cooperate with the selling Holders of Registrable Securities and the managing underwriter or underwriters, if any, to facilitate the timely
preparation and delivery of certificates representing Registrable Securities to be sold, which certificates shall not bear any restrictive legends and shall be in a form eligible for deposit with The Depository Trust Company; and enable such
Registrable Securities to be in such denominations and registered in such names as the managing underwriter or underwriters, if any, or Holders may request (subject to applicable requirements contained in the Indenture). 
  
 (j) Use their reasonable best efforts to cause the
Registrable Securities covered by the Registration Statement to be registered with or approved by such other governmental agencies or authorities as may be reasonably necessary to enable the seller or sellers thereof or the underwriter or
underwriters, if any, to consummate the disposition of such Registrable Securities, except as may be required solely as a consequence of the nature of such selling Holder’s business, in which case the Issuers and the Guarantors will cooperate
in all reasonable respects with the filing of such Registration Statement and the granting of such approvals. 
  
 (k) If (1) a Shelf Registration is filed pursuant to Section 3 hereof, or (2) a Prospectus contained in the Exchange Offer Registration
Statement filed pursuant to Section 2 hereof is required to be delivered under the Securities Act by any Participating Broker-Dealer who seeks to sell Exchange Securities during the Applicable Period, upon the occurrence of any event contemplated by
paragraph 5(c)(v) or 5(c)(vi) hereof, as promptly as commercially practicable (except during any Blackout Period in the case of a Shelf Registration) prepare and (subject to Section 5(a) hereof) file with the SEC, at the 

  

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sole expense of the Issuers and the Guarantors, a supplement or post-effective amendment to the Registration Statement or a supplement to the related
Prospectus or any document incorporated or deemed to be incorporated therein by reference, or file any other required document so that, as thereafter delivered to the purchasers of the Registrable Securities being sold thereunder or to the
purchasers of the Exchange Securities to whom such Prospectus will be delivered by a Participating Broker-Dealer, any such Prospectus will not contain an untrue statement of a material fact or omit to state a material fact required to be stated
therein or necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading. 
  
 (l) Prior to the effective date of the first Registration Statement relating to the Registrable Securities, (i) provide the Trustee with
certificates for the Registrable Securities or Exchange Securities, as the case may be, in a form eligible for deposit with The Depository Trust Company and (ii) provide a CUSIP number for the Registrable Securities or Exchange Securities, as the
case may be. 
  
 (m) In connection with any
underwritten offering of Registrable Securities pursuant to a Shelf Registration, enter into an underwriting agreement as is customary in underwritten offerings of debt securities similar to the Securities and take all such other actions as are
reasonably requested by the managing underwriter or underwriters in order to expedite or facilitate the registration or the disposition of such Registrable Securities and, in such connection, (i) make such representations and warranties to, and
covenants with, the underwriters with respect to the business of the Issuers and their subsidiaries (including any acquired business, properties or entity, if applicable) and the Registration Statement, Prospectus and documents, if any, incorporated
or deemed to be incorporated by reference therein, in each case, as are customarily made by Issuers and the Guarantors to underwriters in underwritten offerings of debt securities similar to the Securities, and confirm the same in writing if and
when requested; (ii) obtain the written opinion of counsel to the Issuers and the Guarantors and written updates thereof in form, scope and substance reasonably satisfactory to the managing underwriter or underwriters, addressed to the underwriters
covering the matters customarily covered in opinions reasonably requested in underwritten offerings of debt securities similar to the Securities and such other matters as may be reasonably requested by the managing underwriter or underwriters; (iii)
use its reasonable best efforts to obtain “cold comfort” letters and updates thereof in form, scope and substance reasonably satisfactory to the managing underwriter or underwriters from the independent certified public accountants of the
Issuers (and, if necessary, any other independent certified public accountants of any subsidiary of the Issuers or of any business acquired by the Issuers for which financial statements and financial data are, or are required to be, included or
incorporated by reference in the Registration Statement), addressed to the underwriter, such letters to be in customary form and covering matters of the type customarily covered in “cold comfort” letters in connection with underwritten
offerings of debt securities similar to the Securities and such other matters as reasonably requested by the managing underwriter or underwriters as permitted by the Statement on Auditing Standards No. 72; and (iv) if an underwriting agreement is
entered into, the same shall contain indemnification provisions and procedures no less favorable to the sellers and underwriters, if any, than those set 

  

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forth in Section 7 hereof (or such other provisions and procedures acceptable to Holders of a majority in aggregate principal amount at maturity of
Registrable Securities covered by such Registration Statement and the managing underwriter or underwriters or agents, if any). The above shall be done at each closing under such underwriting agreement, or as and to the extent required thereunder.

  
 (n) If (1) a Shelf Registration is filed
pursuant to Section 3 hereof, or (2) a Prospectus contained in the Exchange Offer Registration Statement filed pursuant to Section 2 hereof is required to be delivered under the Securities Act by any Participating Broker-Dealer who seeks to sell
Exchange Securities during the Applicable Period, make available for inspection by any selling Holder of such Registrable Securities being sold, or each such Participating Broker-Dealer, as the case may be, any underwriter participating in any such
disposition of Registrable Securities, if any, and any attorney, accountant or other agent retained by any such selling Holder or each such Participating Broker-Dealer, as the case may be, or underwriter (collectively, the
“Inspectors”), upon prior request, at the offices where normally kept, during reasonable business hours, all financial and other records, pertinent corporate documents and instruments of the Issuers and their subsidiaries
(collectively, the “Records”) as shall be reasonably necessary to enable them to exercise any applicable due diligence responsibilities, and cause the officers, directors and employees of the Issuers and their subsidiaries to supply
all information reasonably requested by any such Inspector in connection with such Registration Statement and Prospectus (the “Information”). Each Inspector shall agree in writing that it will keep the Records and the Information
confidential and that it will not disclose any of the Records or Information unless (i) the disclosure of such Records or Information is necessary to avoid or correct a misstatement or omission in such Registration Statement or Prospectus, (ii) the
release of such Records or Information is ordered pursuant to a subpoena or other order from a court of competent jurisdiction, (iii) disclosure of such Records or Information is necessary or advisable, in the opinion of counsel for any Inspector,
in connection with any action, claim, suit or proceeding, directly or indirectly, involving or potentially involving such Inspector and arising out of, based upon, relating to, or involving this Agreement or the Purchase Agreement, or any
transactions contemplated hereby or thereby or arising hereunder or thereunder, or (iv) such Records or the Information have been made generally available to the public. Each selling Holder of such Registrable Securities and each such Participating
Broker-Dealer will be required to agree that information obtained by it as a result of such inspections shall be deemed confidential and shall not be used by it as the basis for any market transactions in the securities of any Issuer unless and
until such is made generally available to the public. Each selling Holder of such Registrable Securities and each such Participating Broker-Dealer will be required to further agree that it will, upon learning that disclosure of such Records is
sought in a court of competent jurisdiction, promptly give notice to the Issuers and allow the Issuers to undertake appropriate action to prevent disclosure of the Records deemed confidential at the Issuers and Guarantors’ expense. 

 
 (o) Provide the Trustee for the Registrable Securities or
the Exchange Securities, as the case may be, and cause the Indenture or the trust indenture provided for in Section 2(a) hereof, as the case may be, to be qualified under the TIA not later than the effective 

  

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date of the first Registration Statement relating to the Registrable Securities; and in connection therewith, cooperate with the Trustee and the Holders of
the Registrable Securities, to effect such changes to such indenture as may be required for such indenture to be so qualified in accordance with the terms of the TIA; and execute, and use its reasonable best efforts to cause such trustee to execute,
all documents as may be required to effect such changes, and all other forms and documents required to be filed with the SEC to enable such indenture to be so qualified in a timely manner. 
  
 (p) Comply with all applicable rules and regulations of the
SEC and make generally available to their respective securityholders earnings statements satisfying the provisions of Section 11(a) of the Securities Act and Rule 158 thereunder (or any similar rule promulgated under the Securities Act) no later
than 45 days after the end of any 12 month period (or 90 days after the end of any 12 month period if such period is a fiscal year) (i) commencing at the end of any fiscal quarter in which Registrable Securities are sold to underwriters in a firm
commitment or best efforts underwritten offering and (ii) if not sold to underwriters in such an offering, commencing on the first day of the first fiscal quarter of the Issuers after the effective date of a Registration Statement, which statements
shall cover said 12 month periods. 
  
 (q) If the
Exchange Offer or a Private Exchange is to be consummated, upon delivery of the Registrable Securities by Holders to the Issuers (or to such other Person as directed by the Issuers) in exchange for the Exchange Securities or the Private Exchange
Securities, as the case may be, the Issuers and the Guarantors shall mark, or cause to be marked, on such Registrable Securities that such Registrable Securities are being cancelled in exchange for the Exchange Securities or the Private Exchange
Securities, as the case may be; in no event shall such Registrable Securities be marked as paid or otherwise satisfied. 
  
 (r) Use its best efforts to cause the Registrable Securities covered by a Registration Statement or the Exchange Securities, as the case
may be, to be rated with the appropriate rating agencies, if so requested by the Holders of a majority in aggregate principal amount at maturity of Registrable Securities covered by such Registration Statement or the Exchange Securities, as the case
may be, or the managing underwriter or underwriters, if any. 
  
 (s) Cooperate with each seller of Registrable Securities covered by any Registration Statement and each underwriter, if any, participating in the disposition of such Registrable Securities and their respective counsel
in connection with any filings required to be made with the National Association of Securities Dealers, Inc. (the “NASD”). 
  
 (t) Use their reasonable best efforts to take all other steps necessary to effect the registration of the Exchange Securities and/or
Registrable Securities covered by a Registration Statement contemplated hereby. 
  

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 The Issuers and the Guarantors may require each seller of Registrable Securities as to which any
registration is being effected to furnish to the Issuers such information regarding such seller and the distribution of such Registrable Securities as the Issuers may, from time to time, reasonably request. The Issuers and the Guarantors may exclude
from such registration the Registrable Securities of any seller so long as such seller fails to furnish such information within a reasonable time after receiving such request. Each seller as to which any Shelf Registration is being effected agrees
to furnish promptly to the Issuers all information required to be disclosed in order to make the information previously furnished to the Issuers by such seller not materially misleading. 
  
 Each Holder of Registrable Securities and each Participating Broker-Dealer agrees by its acquisition of such Registrable
Securities or Exchange Securities to be sold by such Participating Broker-Dealer, as the case may be, that, upon actual receipt of any notice from the Issuers and the Guarantors of the happening of any event of the kind described in Section
5(c)(ii), 5(c)(iv), 5(c)(v), or 5(c)(vi) hereof or the commencement of any Blackout Period, such Holder will forthwith discontinue disposition of such Registrable Securities covered by such Registration Statement or Prospectus or Exchange Securities
to be sold by such Holder or Participating Broker-Dealer, as the case may be, until such Holder’s or Participating Broker-Dealer’s receipt of the copies of the supplemented or amended Prospectus contemplated by Section 5(k) hereof, or
until it is advised in writing (the “Advice”) by the Issuers and the Guarantors that the use of the applicable Prospectus may be resumed, and has received copies of any amendments or supplements thereto. In the event that the
Issuers and the Guarantors shall give any such notice, each of the Effectiveness Period and the Applicable Period shall be extended by the number of days during such periods from and including the date of the giving of such notice to and including
the date when each seller of Registrable Securities covered by such Registration Statement or Exchange Securities to be sold by such Participating Broker-Dealer, as the case may be, shall have received (x) the copies of the supplemented or amended
Prospectus contemplated by Section 5(k) hereof or (y) the Advice. 
  

	6.	Registration Expenses 

  
 All fees and expenses incident to the performance of or compliance with this Agreement by the Issuers and the Guarantors shall be borne by the Issuers and
the Guarantors whether or not the Exchange Offer Registration Statement or any Shelf Registration Statement is filed or becomes effective or the Exchange Offer is consummated, including, without limitation, (i) all registration and filing fees
(including, without limitation, (A) fees with respect to filings required to be made with the NASD in connection with an underwritten offering and (B) fees and expenses of compliance with state securities or Blue Sky laws (including, without
limitation, reasonable fees and disbursements of counsel in connection with Blue Sky qualifications of the Registrable Securities or Exchange Securities and determination of the eligibility of the Registrable Securities or Exchange Securities for
investment under the laws of such jurisdictions (x) where the holders of Registrable Securities are located, in the case of the Exchange Securities, or (y) as provided in Section 5(h) hereof, in the case of Registrable Securities or Exchange
Securities to be sold by a Participating Broker-Dealer during the Applicable Period)), (ii) printing expenses, including, without limitation, reasonable expenses of printing certificates for Registrable Securities or Exchange Securities in a form
eligible for deposit with The 

  

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Depository Trust Company and of printing prospectuses if the printing of prospectuses is requested by the managing underwriter or underwriters, if any, by
the Holders of a majority in aggregate principal amount at maturity of the Registrable Securities included in any Registration Statement or in respect of Exchange Securities to be sold by any Participating Broker-Dealer during the Applicable Period,
as the case may be, (iii) messenger, telephone and delivery expenses, (iv) fees and disbursements of counsel for the Issuers and the Guarantors and, in the case of a Shelf Registration, reasonable fees and disbursements of a single special counsel
for all of the sellers of Registrable Securities (exclusive of any counsel retained pursuant to Section 7 hereof), (v) fees and disbursements of all independent certified public accountants referred to in Section 5(m)(iii) hereof (including, without
limitation, the expenses of any special audit and “cold comfort” letters required by or incident to such performance), (vi) rating agency fees, if any, and any fees associated with making the Registrable Securities or Exchange Securities
eligible for trading through The Depository Trust Company, (vii) Securities Act liability insurance, if the Issuers and the Guarantors desire such insurance, (viii) fees and expenses of all other Persons retained by any of the Issuers and the
Guarantors, (ix) internal expenses of the Issuers and the Guarantors (including, without limitation, all salaries and expenses of officers and employees of the Issuers and the Guarantors performing legal or accounting duties), (x) the expense of any
annual audit, (xi) the fees and expenses incurred in connection with the listing of the Securities to be registered on any securities exchange, in each case, if applicable, and (xii) the reasonable expenses relating to printing, word processing and
distributing all Registration Statements, underwriting agreements, indentures and any other documents necessary in order to comply with this Agreement. 
  

	7.	Indemnification 

  
 (a) Each of the Issuers and the Guarantors, jointly and severally, agrees to indemnify and hold harmless each Holder of Registrable
Securities and each Participating Broker-Dealer selling Exchange Securities during the Applicable Period, the officers, directors, employees and agents of each such Person, and each Person, if any, who controls any such Person within the meaning of
either Section 15 of the Securities Act or Section 20 of the Exchange Act (each, a “Participant”), from and against any and all losses, claims, damages, judgments, liabilities and expenses (including, without limitation, the
reasonable legal fees and other expenses actually incurred in connection with any suit, action or proceeding or any claim asserted) caused by, arising out of or based upon any untrue statement or alleged untrue statement of a material fact contained
in any Registration Statement (or any amendment thereto) or Prospectus (as amended or supplemented if any Issuer shall have furnished any amendments or supplements thereto) or any preliminary prospectus, or caused by, arising out of or based upon
any omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein, in the case of the Prospectus in the light of the circumstances under which they were made, not misleading,
except insofar as such losses, claims, damages or liabilities are caused by, arise out of or are based upon any untrue statement or omission or alleged untrue statement or omission made in reliance upon and in conformity with information
relating to any Participant furnished to the Issuers in writing by such Participant expressly for use therein; provided, however, that no Issuer will be liable if such untrue statement or 

  

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omission or alleged untrue statement or omission was contained or made in any preliminary prospectus and corrected in the final Prospectus or any amendment
or supplement thereto and any such loss, liability, claim, or damage or expense suffered or incurred by the Participants resulted from any action, claim or suit by any Person who purchased Registrable Securities or Exchange Securities which are the
subject thereof from such Participant and it is established in the related proceeding that such Participant failed to deliver or provide a copy of the final Prospectus (as amended or supplemented) to such Person with or prior to the confirmation of
the sale of such Registrable Securities or Exchange Securities sold to such Person if required by applicable law, unless such failure to deliver or provide a copy of the Prospectus (as amended or supplemented) was a result of noncompliance by any
Issuer with Section 5 of this Agreement. 
  
 (b)
Each Holder of Registrable Securities and each Participating Broker-Dealer selling Exchange Securities during the Applicable Period agrees, severally and not jointly, to indemnify and hold harmless each of the Issuers and the Guarantors, their
directors, their officers and their employees and agents and each Person, if any, who controls each Issuer within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act to the same extent as the foregoing indemnity from
the Issuers and the Guarantors to each Participant, but only with reference to information relating to such Holder of Registrable Securities or Participating Broker-Dealer selling Exchange Securities during the Applicable Period furnished to the
Issuers in writing by such Holder of Registrable Securities or each Participating Broker-Dealer selling Exchange Securities during the Applicable Period expressly for use in any Registration Statement or Prospectus, any amendment or supplement
thereto, or any preliminary prospectus. The liability of any Holder of Registrable Securities and each Participating Broker-Dealer that sells Exchange Securities during the Applicable Period under this paragraph shall in no event exceed the proceeds
received by such Holder of Registrable Securities and each Participating Broker-Dealer that sells Exchange Securities during the Applicable Period from sales of Registrable Securities or Exchange Securities giving rise to such obligations.

  
 (c) If any suit, action, proceeding
(including any governmental or regulatory investigation), claim or demand shall be brought or asserted against any Person in respect of which indemnity may be sought pursuant to either of the two preceding paragraphs, such Person (the
“Indemnified Person”) shall promptly notify the Persons against whom such indemnity may be sought (the “Indemnifying Persons”) in writing, and the Indemnifying Persons, upon request of the Indemnified Person, shall
retain counsel reasonably satisfactory to the Indemnified Person to represent the Indemnified Person and any others the Indemnifying Persons may reasonably designate in such proceeding and shall pay the reasonable fees and expenses actually incurred
by such counsel related to such proceeding; provided, however, that the failure to so notify the Indemnifying Persons shall not relieve any of them of any obligation or liability which any of them may have hereunder unless and to the
extent such failure results in the forfeiture by the Indemnifying Persons of substantial rights and defenses and will not, in any event, relieve the Indemnifying Persons from any obligations to any Indemnified Persons other than the indemnification
obligations provided hereunder. In any such proceeding, any 

  

 -21- 

 
Indemnified Person shall have the right to retain its own counsel, but the fees and expenses of such counsel shall be at the expense of such Indemnified
Person unless (i) the Indemnifying Persons and the Indemnified Person shall have mutually agreed to the contrary, (ii) the Indemnifying Persons shall have failed within a reasonable period of time to retain counsel reasonably satisfactory to the
Indemnified Person or (iii) the named parties in any such proceeding (including any impleaded parties) include both any Indemnifying Person and the Indemnified Person or any affiliate thereof and representation of both parties by the same counsel
would be inappropriate due to actual or potential conflicting interests between them. It is understood that, unless there exists a conflict among Indemnified Persons, the Indemnifying Persons shall not, in connection with such proceeding or separate
but substantially similar related proceeding in the same jurisdiction arising out of the same general allegations, be liable for the fees and expenses of more than one separate firm (in addition to any local counsel) for all Indemnified Persons, and
that all such fees and expenses shall be reimbursed as they are incurred. Any such separate firm for the Participants and such control Persons of Participants shall be designated in writing by Participants who sold a majority in interest of
Registrable Securities and Exchange Securities sold by all such Participants and any such separate firm for the Issuers and the Guarantors, their directors, their officers and such control Persons of the Issuers and the Guarantors shall be
designated in writing by the Issuers and shall be reasonably acceptable to the Holders. The Indemnifying Persons shall not be liable for any settlement of any proceeding effected without its prior written consent (which consent shall not be
unreasonably withheld or delayed), but if settled with such consent or if there be a final nonappealable judgment for the plaintiff for which the Indemnified Person is entitled to indemnification pursuant to this Agreement, each of the Indemnifying
Persons agrees to indemnify and hold harmless each Indemnified Person from and against any loss or liability by reason of such settlement or judgment. Notwithstanding the foregoing sentence, if at any time an Indemnified Person shall have requested
an Indemnifying Person to reimburse the Indemnified Person for reasonable fees and expenses actually incurred by counsel as contemplated by the third sentence of this paragraph, the Indemnifying Person agrees that it shall be liable for any
settlement of any proceeding effected without its written consent if (i) such settlement is entered into more than 30 days after receipt by such Indemnifying Person of the aforesaid request and (ii) such Indemnifying Person shall not have reimbursed
the Indemnified Person in accordance with such request prior to the date of such settlement; provided, however, that the Indemnifying Person shall not be liable for any settlement effected without its consent pursuant to this sentence
if the Indemnifying Person is contesting, in good faith, the request for reimbursement. No Indemnifying Person shall, without the prior written consent of the Indemnified Persons (which consent shall not be unreasonably withheld or delayed), effect
any settlement or compromise of any pending or threatened proceeding in respect of which any Indemnified Person is or could have been a party, or indemnity could have been sought hereunder by such Indemnified Person, unless such settlement (A)
includes an unconditional written release of such Indemnified Person, in form and substance reasonably satisfactory to such Indemnified Person, from all liability on claims that are the subject matter of such proceeding and (B) does not include any
statement as to an admission of fault, culpability or failure to act by or on behalf of such Indemnified Person. 
  

 -22- 

 (d) If the indemnification provided for in clauses (a) and (b) of this Section 7 is for
any reason unavailable to, or insufficient to hold harmless, an Indemnified Person in respect of any losses, claims, damages or liabilities referred to therein, then each Indemnifying Person under such paragraphs, in lieu of indemnifying such
Indemnified Person thereunder and in order to provide for just and equitable contribution, shall contribute to the amount paid or payable by such Indemnified Person as a result of such losses, claims, damages or liabilities in such proportion as is
appropriate to reflect the relative fault of the Indemnifying Person or Persons on the one hand and the Indemnified Person or Persons on the other in connection with the statements or omissions or alleged statements or omissions that resulted in
such losses, claims, damages or liabilities (or actions in respect thereof) as well as any other relevant equitable considerations. The relative fault of the parties shall be determined by reference to, among other things, whether the untrue or
alleged untrue statement of a material fact or the omission or alleged omission to state a material fact relates to information supplied by any Issuer on the one hand or such Participant or such other Indemnified Person, as the case may be, on the
other, the parties’ relative intent, knowledge, access to information and opportunity to correct or prevent such statement or omission, and any other equitable considerations appropriate in the circumstances. 
  
 (e) The parties agree that it would not be just and
equitable if contribution pursuant to this Section 7 were determined by pro rata allocation (even if the Participants were treated as one entity for such purpose) or by any other method of allocation that does not take account of the
equitable considerations referred to in the immediately preceding paragraph. The amount paid or payable by an Indemnified Person as a result of the losses, claims, damages, judgments, liabilities and expenses referred to in the immediately preceding
paragraph shall be deemed to include, subject to the limitations set forth above, any reasonable legal or other expenses actually incurred by such Indemnified Person in connection with investigating or defending any such action or claim.
Notwithstanding the provisions of this Section 7, in no event shall, a Holder of Registrable Securities or any Participating Broker-Dealer that sells Exchange Securities during the Applicable Period, be required to contribute any amount in excess of
the amount by which proceeds received by such Holder of Registrable Securities or any Participating Broker-Dealer that sells Exchange Securities during the Applicable Period from sales of Registrable Securities or Exchange Securities, as the case
may be, exceeds the amount of any damages that such Holder of Registrable Securities or any Participating Broker-Dealer that sells Exchange Securities during the Applicable Period has otherwise been required to pay or has paid by reason of such
untrue or alleged untrue statement or omission or alleged omission. No Person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any Person who was not guilty of
such fraudulent misrepresentation. 
  
 (f) Any
losses, claims, damages, liabilities or expenses for which an indemnified party is entitled to indemnification or contribution under this Section 7 shall be paid by the Indemnifying Party to the Indemnified Party as such losses, claims, damages,
liabilities or expenses are incurred. The indemnity and contribution agreements 

  

 -23- 

 
contained in this Section 7 and the representations and warranties of the Issuers and the Guarantors set forth in this Agreement shall remain operative and
in full force and effect, regardless of (i) any investigation made by or on behalf of any Holder or any person who controls a Holder, any Issuer and its directors, officers, employees or agents or any person controlling such Issuer, and (ii) any
termination of this Agreement. 
  
 (g) The
indemnity and contribution agreements contained in this Section 7 will be in addition to any liability which the Indemnifying Persons may otherwise have to the Indemnified Persons referred to above. 
  

	8.	Rules 144 and 144A 

  
 Each of the Issuers and the Guarantors covenants and agrees that, so long as Registrable Securities remain outstanding, it will file the reports required
to be filed by it under the Securities Act and the Exchange Act and the rules and regulations adopted by the SEC thereunder in a timely manner in accordance with the requirements of the Securities Act and the Exchange Act and, if at any time such
Issuer is not permitted to file such reports, such Issuer will, upon the request of any Holder or beneficial owner of Registrable Securities, make available such information, documents and other reports of the type necessary to permit sales pursuant
to Rule 144. Each Issuer further covenants for so long as any Registrable Securities remain outstanding, to make available to any Holder or beneficial owner of Registrable Securities in connection with any sale thereof and any prospective purchaser
of such Registrable Securities from such Holder or beneficial owner the information required by Rule 144A(d)(4) under the Securities Act in order to permit resales of such Registrable Securities pursuant to Rule 144A. 
  

	9.	Underwritten Registrations 

  
 If any of the Registrable Securities covered by any Shelf Registration are to be sold in an underwritten offering, the investment banker or investment
bankers and manager or managers that will manage the offering will be selected by the Holders of a majority in aggregate principal amount at maturity of such Registrable Securities included in such offering and shall be reasonably acceptable to the
Issuers. 
  
 No Holder of Registrable Securities may participate
in any underwritten registration hereunder unless such Holder (a) agrees to sell such Holder’s Registrable Securities on the basis provided in any underwriting arrangements approved by the Persons entitled hereunder to approve such arrangements
and (b) completes and executes all questionnaires, powers of attorney, indemnities, underwriting agreements and other documents required under the terms of such underwriting arrangements. 
  

	10.	Miscellaneous 

  
 (a) No Inconsistent Agreements. As of the date hereof, no Issuer has entered into any agreement with respect to any of its
Securities that is inconsistent with the rights granted to the Holders of Registrable Securities in this Agreement or otherwise conflicts with the provisions hereof. The rights granted to the Holders hereunder do not in any 

  

 -24- 

 
way conflict with and are not inconsistent with the rights granted to the holders of any of the Issuers’ other issued and outstanding Securities. As of
the date hereof, no Issuer and no Guarantor has entered into any agreement with respect to any of its Securities which will grant to any Person piggyback registration rights with respect to any Registration Statement required to be filed by the
Issuers pursuant to this Agreement. 
  
 (b)
Adjustments Affecting Registrable Securities. No Issuer shall knowingly, directly or indirectly, take any action with respect to the Registrable Securities as a class that would adversely affect the ability of the Holders of Registrable
Securities to include such Registrable Securities in a registration undertaken pursuant to this Agreement. 
  
 (c) Amendments and Waivers. The provisions of this Agreement may not be amended, modified or supplemented, and waivers or consents
to departures from the provisions hereof may not be given, otherwise than with the prior written consent of (I) the Issuers and the Guarantors and (II)(A) the Holders of not less than a majority in aggregate principal amount at maturity of the then
outstanding Registrable Securities and (B) in circumstances that would adversely affect the Participating Broker-Dealers, the Participating Broker-Dealers holding not less than a majority in aggregate principal amount at maturity of the Exchange
Securities held by all Participating Broker-Dealers; provided, however, that Section 7 and this Section 10(c) may not be amended, modified or supplemented without the prior written consent of each Holder and each Participating Broker-Dealer
(including any person who was a Holder or Participating Broker-Dealer of Registrable Securities or Exchange Securities, as the case may be, disposed of pursuant to any Registration Statement) affected by any such amendment, modification or
supplement. Notwithstanding the foregoing, a waiver or consent to depart from the provisions hereof with respect to a matter that relates exclusively to the rights of Holders of Registrable Securities whose Securities are being sold pursuant to a
Registration Statement and that does not directly or indirectly affect, impair, limit or compromise the rights of other Holders of Registrable Securities may be given by Holders of at least a majority in aggregate principal amount at maturity of the
Registrable Securities being sold pursuant to such Registration Statement. 
  
 (d) Notices. All notices and other communications (including, without limitation, any notices or other communications to the Trustee) provided for or permitted hereunder shall be made in writing by hand
delivery, registered first-class mail, next-day air courier or facsimile: 
  
 (i) if to a Holder of the Registrable Securities or any Participating Broker-Dealer, at the most current address of such Holder or Participating Broker-Dealer, as the case may be, set forth on the records of the
registrar under the Indenture, with a copy in like manner to the Initial Purchaser as follows: 
  
 Deutsche Bank Securities Inc. 
 60 Wall Street

 New York, New York 10005 
 Facsimile No: (646) 324-7554 
 Attention: Corporate Finance 
  

 -25- 

 with a copy to: 
  

Cahill Gordon & Reindel LLP 
 80 Pine Street 
 New York, New York 10005 
 Facsimile No: (212) 269-5420 
 Attention: John A. Tripodoro, Esq. 
  
 (ii) if to the Initial Purchaser, at the address specified
in Section 10(d)(i); 
  
 (iii) if to the Issuers,
at the address as follows: 
  
 Consolidated Container Company LLC

 3101 Tower Creek Parkway, Suite 300 
 Atlanta, Georgia 30339 
 Facsimile No.: (678) 742-4758 
 Attention: General Counsel 
  
 with a copy to: 
  
 Alston & Bird LLP 
 1201 West Peachtree Street 
 Atlanta, Georgia
30309 
 Facsimile No.: (404) 253-8269 
 Attention: Richard Grice, Esq. 
  
 All such notices and
communications shall be deemed to have been duly given: when delivered by hand, if personally delivered; five business days after being deposited in the mail, postage prepaid, if mailed; one business day after being timely delivered to a next-day
air courier; and upon receiving confirmation receipt by the addressee, if sent by facsimile. 
  
 Copies of all such notices, demands or other communications shall be concurrently delivered by the Person giving the same to the Trustee at the address and in the manner specified in such Indenture. 
  
 (e) Successors and Assigns. This Agreement shall
inure to the benefit of and be binding upon the successors and assigns of each of the parties hereto, the Holders and the Participating Broker-Dealers, provided that nothing herein shall be deemed to permit any assignment, transfer or other
disposition of Registrable Securities in violation of the terms of the Purchase Agreement or the Indenture. 
  
 (f) Counterparts. This Agreement may be executed in any number of counterparts and by the parties hereto in separate counterparts,
each of which when so 

  

 -26- 

 
executed shall be deemed to be an original and all of which taken together shall constitute one and the same agreement. 
  
 (g) Headings. The headings in this Agreement are for
convenience of reference only and shall not limit or otherwise affect the meaning hereof. 
  
 (h) Governing Law. THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK, AS
APPLIED TO CONTRACTS MADE AND PERFORMED ENTIRELY WITHIN THE STATE OF NEW YORK, WITHOUT REGARD TO PRINCIPLES OF CONFLICTS OF LAW. EACH OF THE PARTIES HERETO AGREES TO SUBMIT TO THE JURISDICTION OF THE COURTS OF THE STATE OF NEW YORK IN ANY ACTION OR
PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT. 
  
 (i) Severability. If any term, provision, covenant or restriction of this Agreement is held by a court of competent jurisdiction to be invalid, illegal, void or unenforceable, the remainder of the terms,
provisions, covenants and restrictions set forth herein shall remain in full force and effect and shall in no way be affected, impaired or invalidated, and the parties hereto shall use their best efforts to find and employ an alternative means to
achieve the same or substantially the same result as that contemplated by such term, provision, covenant or restriction. It is hereby stipulated and declared to be the intention of the parties that they would have executed the remaining terms,
provisions, covenants and restrictions without including any of such that may be hereafter declared invalid, illegal, void or unenforceable. 
  
 (j) Securities Held by the Issuers or their Affiliates. Whenever the consent or approval of Holders of a specified percentage of
Registrable Securities is required hereunder, Registrable Securities held by any Issuer or any of its affiliates (as such term is defined in Rule 405 under the Securities Act) shall not be counted in determining whether such consent or approval was
given by the Holders of such required percentage. 
  
 (k) Third Party Beneficiaries. Holders of Registrable Securities and Participating Broker-Dealers are intended third party beneficiaries of this Agreement, and this Agreement may be enforced by such Persons. 
  

 -27- 

 IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first written above.

  

			
	 CONSOLIDATED CONTAINER COMPANY LLC

		
	 By:
	 	Consolidated Container Holdings LLC, as its Sole Member and Manager
		
	By:	 	 /s/ Tyler L. Woolson

	 	 	

	 	 	 Name: Tyler L. Woolson

	 	 	 Title: Chief Financial Officer

	
	 CONSOLIDATED CONTAINER CAPITAL, INC.

		
	By:	 	 /s/ Tyler L. Woolson

	 	 	

	 	 	 Name: Tyler L. Woolson

	 	 	 Title: Chief Financial Officer

	
	 REID PLASTICS GROUP LLC

		
	 By:
	 	Consolidated Container Company LLC, as its Sole Member and Manager
		
	 By:
	 	Consolidated Container Holdings LLC, as its Sole Member and Manager
		
	By:	 	 /s/ Tyler L. Woolson

	 	 	

	 	 	 Name: Tyler L. Woolson

	 	 	 Title: Chief Financial Officer

  

 -28- 

			
	 CONSOLIDATED CONTAINER COMPANY LP

		
	 By:
	 	 Plastic Containers LLC, as its General Partner

		
	 By:
	 	 Consolidated Container Company LLC, as its
 Sole Member and Manager

		
	 By:
	 	 Consolidated Container Holdings LLC, as its
 Sole Member and Manager

		
	By:	 	 /s/ Tyler L. Woolson

	 	 	

	 	 	 Name: Tyler L. Woolson

	 	 	 Title: Chief Financial Officer

	
	 PLASTIC CONTAINERS LLC

		
	 By:
	 	 Consolidated Container Company LLC, as its
 Sole Member and Manager

		
	 By:
	 	 Consolidated Container Holdings LLC, as its
 Sole Member and Manager

		
	By:	 	 /s/ Tyler L. Woolson

	 	 	

	 	 	 Name: Tyler L. Woolson

	 	 	 Title: Chief Financial Officer

	
	 CONTINENTAL CARIBBEAN CONTAINERS, INC.

		
	 By:
	 	 /s/ Tyler L. Woolson

	 	 	

	 	 	 Name: Tyler L. Woolson

	 	 	 Title: Chief Financial Officer

  

 -29- 

			
	 The foregoing Agreement is hereby confirmed
 and accepted as of the date first above written.

	
	 DEUTSCHE BANK SECURITIES INC.

		
	By:	 	 /s/    Vikrant Sawhney

	 	 	

	 	 	 Name: Vikrant Sawhney

	 	 	 Title: Director

		
	By:	 	 /s/    Larry Zimmerman

	 	 	

	 	 	 Name: Larry Zimmerman

	 	 	 Title: Managing DirectorIndenture, May 20, 2004

 Exhibit 4.2 
  

EXECUTION COPY 
  
 CONSOLIDATED CONTAINER COMPANY LLC 
 CONSOLIDATED CONTAINER CAPITAL, INC. 
  
 AND

  
 THE GUARANTORS 
  
 103⁄4% SENIOR SECURED DISCOUNT NOTES DUE 2009 
  
 INDENTURE 
  
 Dated as of May 20, 2004 
  
 The Bank of New York 
  
 Trustee 
  

 CROSS-REFERENCE TABLE 
  

			
	 Trust Indenture
 Act
Section

	  	 Indenture
 Section

	 310(a)(1)
	  	7.10
	       (a)(2)
	  	7.10
	       (a)(3)
	  	N.A.
	       (a)(4)
	  	N.A.
	       (a)(5)
	  	7.10
	       (b)
	  	7.08, 7.10, 12.02
		
	       (c)
	  	N.A.
		
	 311(a)
	  	7.11
	       (b)
	  	7.11
	       (c)
	  	N.A.
		
	 312(a)
	  	2.05
	       (b)
	  	12.03
	       (c)
	  	12.03
		
	 313(a)
	  	7.06
	       (b)(1)
	  	7.06
	       (b)(2)
	  	7.06
	       (c)
	  	7.06, 12.02
	       (d)
	  	7.06
		
	 314(a)
	  	4.03, 4.04, 12.02
		
	       (b)
	  	N.A.
	       (c)(1)
	  	12.04
	       (c)(2)
	  	12.04
	       (c)(3)
	  	12.04
	       (d)
	  	10.05
	       (e)
	  	12.05
	       (f)
	  	N.A.
		
	 315(a)
	  	7.01
	       (b)
	  	7.05, 12.02
	       (c)
	  	7.01
	       (d)
	  	7.01
	       (e)
	  	6.11
		
	 316(a) (last sentence)
	  	2.09
	       (a)(1)(A)
	  	6.05
	       (a)(1)(B)
	  	6.04
	       (a)(2)
	  	N.A.

  

			
	       (b)
	  	6.07
	       (c)
	  	9.04
		
	 317(a)(1)
	  	6.08
	       (a)(2)
	  	6.09
	       (b)
	  	2.04
		
	 318(a)
	  	12.01
	       (b)
	  	N.A.
	       (c)
	  	12.01

  
 N.A. means not applicable.

	*	This Cross Reference Table is not part of this Indenture. 

  

 -2- 

 TABLE OF CONTENTS 
  

					
	 	  	 	  	Page

	ARTICLE 1	  	 
		
	DEFINITIONS AND INCORPORATION	  	 
	BY REFERENCE	  	 
			
	 SECTION 1.01
	  	DEFINITIONS	  	1
	 SECTION 1.02
	  	OTHER DEFINITIONS	  	24
	 SECTION 1.03
	  	INCORPORATION BY REFERENCE OF TRUST INDENTURE ACT	  	25
	 SECTION 1.04
	  	RULES OF CONSTRUCTION	  	25
		
	ARTICLE 2	  	 
		
	THE NOTES	  	 
			
	 SECTION 2.01
	  	FORM AND DATING	  	26
	 SECTION 2.02
	  	EXECUTION AND AUTHENTICATION	  	27
	 SECTION 2.03
	  	REGISTRAR AND PAYING AGENT	  	27
	 SECTION 2.04
	  	PAYING AGENT TO HOLD MONEY IN TRUST	  	28
	 SECTION 2.05
	  	HOLDER LISTS	  	28
	 SECTION 2.06
	  	TRANSFER AND EXCHANGE	  	28
	 SECTION 2.07
	  	REPLACEMENT NOTES	  	42
	 SECTION 2.08
	  	OUTSTANDING NOTES	  	42
	 SECTION 2.09
	  	TREASURY NOTES	  	43
	 SECTION 2.10
	  	TEMPORARY NOTES	  	43
	 SECTION 2.11
	  	CANCELLATION	  	43
	 SECTION 2.12
	  	DEFAULTED INTEREST	  	43
	 SECTION 2.13
	  	CUSIP NUMBERS	  	44
		
	ARTICLE 3	  	 
		
	REDEMPTION AND PREPAYMENT	  	 
			
	 SECTION 3.01
	  	NOTICES TO TRUSTEE	  	44
	 SECTION 3.02
	  	SELECTION OF NOTES TO BE REDEEMED	  	44
	 SECTION 3.03
	  	NOTICE OF REDEMPTION	  	45
	 SECTION 3.04
	  	EFFECT OF NOTICE OF REDEMPTION	  	46
	 SECTION 3.05
	  	DEPOSIT OF REDEMPTION PRICE	  	46
	 SECTION 3.06
	  	NOTES REDEEMED IN PART	  	46
	 SECTION 3.07
	  	OPTIONAL REDEMPTION	  	46
	 SECTION 3.08
	  	MANDATORY REDEMPTION	  	47
	 SECTION 3.09
	  	OFFER TO PURCHASE BY APPLICATION OF EXCESS PROCEEDS	  	47

  

 -i- 

					
	 	  	Page

	ARTICLE 4	  	 
		
	COVENANTS	  	 
			
	 SECTION 4.01
	  	PAYMENTS ON NOTES	  	49
	 SECTION 4.02
	  	MAINTENANCE OF OFFICE OR AGENCY	  	49
	 SECTION 4.03
	  	REPORTS	  	50
	 SECTION 4.04
	  	COMPLIANCE CERTIFICATE	  	50
	 SECTION 4.05
	  	TAXES	  	51
	 SECTION 4.06
	  	STAY, EXTENSION AND USURY LAWS	  	51
	 SECTION 4.07
	  	RESTRICTED PAYMENTS	  	51
	 SECTION 4.08
	  	DIVIDEND AND OTHER PAYMENT RESTRICTIONS AFFECTING RESTRICTED SUBSIDIARIES	  	54
	 SECTION 4.09
	  	INCURRENCE OF ADDITIONAL INDEBTEDNESS AND ISSUANCE OF PREFERRED STOCK	  	56
	 SECTION 4.10
	  	ASSET SALES	  	59
	 SECTION 4.11
	  	TRANSACTIONS WITH AFFILIATES	  	61
	 SECTION 4.12
	  	LIENS	  	62
	 SECTION 4.13
	  	BUSINESS ACTIVITIES	  	63
	 SECTION 4.14
	  	CORPORATE EXISTENCE	  	63
	 SECTION 4.15
	  	OFFER TO REPURCHASE UPON CHANGE OF CONTROL	  	63
	 SECTION 4.16
	  	IMPAIRMENT OF SECURITY INTEREST	  	65
	 SECTION 4.17
	  	LIMITATION ON SALE AND LEASEBACK TRANSACTIONS	  	66
	 SECTION 4.18
	  	LIMITATION ON ISSUANCES AND SALES OF EQUITY INTERESTS IN WHOLLY OWNED RESTRICTED SUBSIDIARIES	  	66
	 SECTION 4.19
	  	LIMITATION ON GUARANTEES OF INDEBTEDNESS BY RESTRICTED SUBSIDIARIES	  	66
	 SECTION 4.20
	  	DESIGNATION OF RESTRICTED AND UNRESTRICTED SUBSIDIARIES	  	67
	 SECTION 4.21
	  	RESTRICTIONS ON ACTIVITIES OF CAPITAL	  	67
	 SECTION 4.22
	  	PAYMENTS FOR CONSENT	  	67
	 SECTION 4.23
	  	ADDITIONAL GUARANTEES	  	67
	 SECTION 4.24
	  	LIQUIDATED DAMAGES NOTICE	  	68
		
	ARTICLE 5	  	 
		
	SUCCESSORS	  	 
			
	 SECTION 5.01
	  	MERGER, CONSOLIDATION OR SALE OF ASSETS	  	68
	 SECTION 5.02
	  	SUCCESSOR CORPORATION SUBSTITUTED	  	70

  

 -ii- 

					
	 	  	Page

		
	ARTICLE 6	  	 
		
	DEFAULTS AND REMEDIES	  	 
			
	 SECTION 6.01
	  	EVENTS OF DEFAULT	  	70
	 SECTION 6.02
	  	ACCELERATION	  	72
	 SECTION 6.03
	  	OTHER REMEDIES	  	73
	 SECTION 6.04
	  	WAIVER OF PAST DEFAULTS	  	73
	 SECTION 6.05
	  	CONTROL BY MAJORITY	  	73
	 SECTION 6.06
	  	LIMITATION ON SUITS	  	74
	 SECTION 6.07
	  	RIGHTS OF HOLDERS OF NOTES TO RECEIVE PAYMENT	  	74
	 SECTION 6.08
	  	COLLECTION SUIT BY TRUSTEE	  	74
	 SECTION 6.09
	  	TRUSTEE MAY FILE PROOFS OF CLAIM	  	74
	 SECTION 6.10
	  	PRIORITIES	  	75
	 SECTION 6.11
	  	UNDERTAKING FOR COSTS	  	75
		
	ARTICLE 7	  	 
		
	TRUSTEE	  	 
			
	 SECTION 7.01
	  	DUTIES OF TRUSTEE	  	76
	 SECTION 7.02
	  	RIGHTS OF TRUSTEE	  	77
	 SECTION 7.03
	  	INDIVIDUAL RIGHTS OF TRUSTEE	  	78
	 SECTION 7.04
	  	TRUSTEE’S DISCLAIMER	  	78
	 SECTION 7.05
	  	NOTICE OF DEFAULTS	  	78
	 SECTION 7.06
	  	REPORTS BY TRUSTEE TO HOLDERS OF THE NOTES	  	79
	 SECTION 7.07
	  	COMPENSATION AND INDEMNITY	  	79
	 SECTION 7.08
	  	REPLACEMENT OF TRUSTEE	  	80
	 SECTION 7.09
	  	SUCCESSOR TRUSTEE BY MERGER, ETC.	  	81
	 SECTION 7.10
	  	ELIGIBILITY; DISQUALIFICATION	  	81
	 SECTION 7.11
	  	PREFERENTIAL COLLECTION OF CLAIMS AGAINST ISSUERS	  	81
		
	ARTICLE 8	  	 
		
	LEGAL DEFEASANCE AND COVENANT DEFEASANCE	  	 
			
	 SECTION 8.01
	  	OPTION TO EFFECT LEGAL DEFEASANCE OR COVENANT DEFEASANCE	  	81
	 SECTION 8.02
	  	LEGAL DEFEASANCE AND DISCHARGE	  	81
	 SECTION 8.03
	  	COVENANT DEFEASANCE	  	82
	 SECTION 8.04
	  	CONDITIONS TO LEGAL OR COVENANT DEFEASANCE	  	82
	 SECTION 8.05
	  	DEPOSITED MONEY AND GOVERNMENT SECURITIES TO BE HELD IN TRUST; OTHER MISCELLANEOUS PROVISIONS	  	84

  

 -iii- 

					
	 	  	Page

	 SECTION 8.06
	  	REPAYMENT TO ISSUERS	  	84
	 SECTION 8.07
	  	REINSTATEMENT	  	85
	 SECTION 8.08
	  	SATISFACTION AND DISCHARGE	  	85
		
	ARTICLE 9	  	 
		
	AMENDMENT, SUPPLEMENT AND WAIVER	  	 
			
	 SECTION 9.01
	  	WITHOUT CONSENT OF HOLDERS OF NOTES	  	86
	 SECTION 9.02
	  	WITH CONSENT OF HOLDERS OF NOTES	  	87
	 SECTION 9.03
	  	COMPLIANCE WITH TRUST INDENTURE ACT	  	88
	 SECTION 9.04
	  	REVOCATION AND EFFECT OF CONSENTS	  	88
	 SECTION 9.05
	  	NOTATION ON OR EXCHANGE OF NOTES	  	89
	 SECTION 9.06
	  	TRUSTEE TO SIGN AMENDMENTS, ETC.	  	89
		
	ARTICLE 10	  	 
		
	COLLATERAL AND SECURITY DOCUMENTS	  	 
			
	 SECTION 10.01
	  	SECURITY DOCUMENTS; ADDITIONAL COLLATERAL	  	89
	 SECTION 10.02
	  	RECORDING, ETC.	  	90
	 SECTION 10.03
	  	RELEASE OF COLLATERAL/INTERCREDITOR AND SUBORDINATION AGREEMENTS	  	92
	 SECTION 10.04
	  	TAKING AND DESTRUCTION	  	96
	 SECTION 10.05
	  	TRUST INDENTURE ACT REQUIREMENTS	  	96
	 SECTION 10.06
	  	SUITS TO PROTECT THE COLLATERAL	  	96
	 SECTION 10.07
	  	PURCHASER PROTECTED	  	96
	 SECTION 10.08
	  	POWERS EXERCISABLE BY RECEIVER OR TRUSTEE	  	97
	 SECTION 10.09
	  	DETERMINATIONS RELATING TO COLLATERAL	  	97
	 SECTION 10.10
	  	RELEASE UPON TERMINATION OF THE COMPANY’S OBLIGATIONS	  	97
	 SECTION 10.11
	  	LIMITATION ON DUTY OF TRUSTEE IN RESPECT OF COLLATERAL	  	98
	 SECTION 10.12
	  	SUCCESSOR COLLATERAL AGENT	  	98
		
	ARTICLE 11	  	 
		
	GUARANTEES	  	 
			
	 SECTION 11.01
	  	GUARANTEES	  	99
	 SECTION 11.02
	  	[RESERVED]	  	100
	 SECTION 11.03
	  	LIMITATION ON GUARANTOR LIABILITY	  	100
	 SECTION 11.04
	  	EXECUTION AND DELIVERY OF GUARANTEE	  	100
	 SECTION 11.05
	  	GUARANTORS MAY CONSOLIDATE, ETC., ON CERTAIN TERMS	  	101
	 SECTION 11.06
	  	RELEASES FOLLOWING SALE OF ASSETS	  	101

  

 -iv- 

					
	 	  	Page

	ARTICLE 12	  	 
		
	MISCELLANEOUS	  	 
			
	 SECTION 12.01
	  	TRUST INDENTURE ACT CONTROLS	  	102
	 SECTION 12.02
	  	NOTICES	  	102
	 SECTION 12.03
	  	COMMUNICATION BY HOLDERS OF NOTES WITH OTHER HOLDERS OF NOTES	  	103
	 SECTION 12.04
	  	CERTIFICATE AND OPINION AS TO CONDITIONS PRECEDENT	  	104
	 SECTION 12.05
	  	STATEMENTS REQUIRED IN CERTIFICATE OR OPINION	  	104
	 SECTION 12.06
	  	RULES BY TRUSTEE AND AGENTS	  	104
	 SECTION 12.07
	  	NO PERSONAL LIABILITY OF MANAGERS, DIRECTORS, OFFICERS, EMPLOYEES, STOCKHOLDERS AND MEMBERS	  	104
	 SECTION 12.08
	  	GOVERNING LAW	  	105
	 SECTION 12.09
	  	WAIVER OF JURY TRIAL	  	105
	 SECTION 12.10
	  	NO ADVERSE INTERPRETATION OF OTHER AGREEMENTS	  	105
	 SECTION 12.11
	  	SUCCESSORS	  	105
	 SECTION 12.12
	  	SEVERABILITY	  	105
	 SECTION 12.13
	  	COUNTERPART ORIGINALS	  	105
	 SECTION 12.14
	  	TABLE OF CONTENTS, HEADINGS, ETC.	  	105
	 SECTION 12.15
	  	FORCE MAJEURE	  	106
		
	ARTICLE 13	  	 
		
	TRUST MONIES	  	 
			
	 SECTION 13.01
	  	TRUST MONIES	  	106
	 SECTION 13.02
	  	INVESTMENT OF TRUST MONIES	  	106

  
 EXHIBITS

  

			
	 Exhibit A1
	  	FORM OF NOTE
	 Exhibit A2
	  	FORM OF REGULATION S TEMPORARY GLOBAL NOTE
	 Exhibit B
	  	FORM OF CERTIFICATE OF TRANSFER
	 Exhibit C
	  	FORM OF CERTIFICATE OF EXCHANGE
	 Exhibit D
	  	FORM OF CERTIFICATE OF ACQUIRING INSTITUTIONAL ACCREDITED INVESTOR
	 Exhibit E
	  	FORM OF NOTATION OF GUARANTEE
	 Exhibit F
	  	FORM OF SUPPLEMENTAL INDENTURE TO BE DELIVERED BY GUARANTORS
	 Exhibit G
	  	INCUMBENCY CERTIFICATE
		
	 Schedule 1
	  	SCHEDULE OF GUARANTORS

  

 -v- 

 INDENTURE, dated as of May 20, 2004, among Consolidated Container Company LLC, a Delaware limited
liability company (the “Company”), Consolidated Container Capital, Inc., a Delaware corporation (“Capital,” and together with the Company, the “Issuers”), the Guarantors set forth on Schedule I
hereto and The Bank of New York, a New York banking corporation, as trustee (the “Trustee”). 
  
 The Issuers, the Guarantors and the Trustee agree as follows for the benefit of each other and for the equal and ratable benefit of the Holders of 10
3⁄4% Senior Secured Discount Notes due 2009 (the “Notes”): 
  
 ARTICLE 1 
  
 DEFINITIONS
AND INCORPORATION 
 BY REFERENCE 
  
 Section 1.01 Definitions. 
  
 “144A Global Note” means a global note substantially in the form of Exhibit A1 hereto bearing the Global Note Legend and the Private
Placement Legend and deposited with or on behalf of, and registered in the name of, the Depositary or its nominee that will be issued in a denomination equal to the outstanding principal amount at maturity of the Notes sold in reliance on Rule 144A.

  
 “Accreted Value” means, as of any date (the
“Specified Date”), the amount provided below for each $1,000 principal amount at maturity of the Notes: 
  
 (A) (1) if the Specified Date occurs on one of the following dates (each, a “Semi-Annual Accretion Date”), the Accreted
Value will equal the amount set forth below for such Semi-Annual Accretion Date: 
  

				
	 Semi-Annual Accretion Date

	  	Accreted Value

	 Issue Date
	  	$	725.13
	 June 15, 2004
	  	$	730.42
	 December 15, 2004
	  	$	769.68
	 June 15, 2005
	  	$	811.05
	 December 15, 2005
	  	$	854.65
	 June 15, 2006
	  	$	900.59
	 December 15, 2006
	  	$	948.99
	 June 15, 2007
	  	$	1,000.00

  
 (2)
if the Specified Date occurs between two Semi-Annual Accretion Dates, the sum of (a) the Accreted Value for the Semi-Annual Accretion Date immediately preceding the Specified Date and (b) an amount equal to the product of (i) the Accreted Value for
the immediately following Semi-Annual Accretion Date less the Accreted Value of the immediately preceding Semi-Annual Accretion Date and (ii) the fraction, the numerator of which is the number of days actually elapsed from the immediately preceding
Semi-Annual Accretion Date and the denominator of which is 180; or 
  

 (3) if the Specified Date is on or after June 15, 2007, unless the Cash Election Date has
occurred on or prior to December 15, 2006, $1,000. 
  
 (B) For the purposes hereof, if the Issuers elect to commence to accrue cash interest prior to June 15, 2007, all references in this document to Accreted Value in respect of any Note shall be equal to the Accreted Value on the Cash Election
Date determined in accordance with clause (A)(1) above. 
  
 “Acquired Debt” means, with respect to any specified Person (i) Indebtedness of any other Person existing at the time such other Person is merged with or into or became a Restricted Subsidiary of such specified Person,
whether or not such Indebtedness is incurred in connection with, or in contemplation of, such other Person merging with or into, or becoming a Restricted Subsidiary of, such specified Person and (ii) Indebtedness secured by a Lien encumbering any
asset acquired by such specified Person. 
  
 “Additional
Notes” means up to an Accreted Value at issuance of $50.0 million of Notes (other than the Initial Notes) issued under this Indenture in accordance with Sections 2.02 and 4.09 hereof, as part of the same series as the Initial Notes.

  
 “Affiliate” of any specified Person means any
other Person directly or indirectly controlling or controlled by or under direct or indirect common control with such specified Person. For purposes of this definition, “control,” as used with respect to any Person, shall mean the
possession, directly or indirectly, of the power to direct or cause the direction of the management or policies of such Person, whether through the ownership of voting securities, by agreement or otherwise. For purposes of this definition, the terms
“controlling,” “controlled by” and “under common control with” shall have correlative meanings. 
  
 “Agent” means any Registrar, Paying Agent, co-registrar, authenticating agent or securities custodian. 
  
 “Applicable Procedures” means, with respect to any transfer
or exchange of or for beneficial interests in any Global Note, the rules and procedures of the Depositary, Euroclear and Clearstream that apply to such transfer or exchange. 
  
 “Asset Sale” means (a) the sale, lease, conveyance or other disposition of any assets or rights, other than
sales of inventory in the ordinary course of business consistent with past practices; provided that the sale, conveyance or other disposition of all or substantially all of the assets of the Company and its Subsidiaries taken as a whole will
be governed by the provisions of Section 4.15 hereof and/or the provisions of Section 5.01 hereof and not by the provisions of Section 4.10 hereof and (b) the issuance or sale of Equity Interests by any of the Company’s Restricted Subsidiaries.
Notwithstanding the preceding, the following items shall not be deemed to be Asset Sales: (i) any single transaction or series of related transactions that involves assets having a fair market value of less than $2.0 million, (ii) a transfer of
assets between or among the Company and its Restricted Subsidiaries, (iii) an issuance of Equity Interests by a Restricted Subsidiary to the Company or to another Restricted Subsidiary, (iv) the sale or lease of equipment, inventory, accounts
receivable or other assets in the ordinary course of business, (v) the sale or other disposition of cash or Cash Equivalents or Investment Grade Securities, (vi) a Restricted 

  

 -2- 

 
Payment or Permitted Investment that is permitted by Section 4.07 hereof, (vii) any exchange or asset swap of like property (pursuant to Section 1031 of the
Code or otherwise) for use in a Permitted Business, (viii) any sale-leaseback or asset securitization by the Company or any of its Restricted Subsidiaries with respect to property built or acquired by the Company or such Restricted Subsidiary after
the date of this Indenture, (ix) foreclosures on assets, (x) any sale of Equity Interests in, or Indebtedness or other securities of, an Unrestricted Subsidiary and (xi) any sale of accounts receivable, or participations therein, in connection with
any Qualified Receivables Transaction. 
  
 “Attributable
Debt” in respect of a sale and leaseback transaction means, at the time of determination, the present value of the obligation of the lessee for net rental payments during the remaining term of the lease included in such sale and leaseback
transaction including any period for which such lease has been extended or may, at the option of the lessor, be extended. The present value shall be calculated using a discount rate equal to the rate of interest implicit in such transaction,
determined in accordance with GAAP. 
  
 “Bankruptcy
Law” means Title 11, U.S. Code or any similar state law for the relief of debtors. 
  
 “Bank Lenders” means the lenders under the Credit Facilities and/or their Affiliates. 
  
 “Beneficial Owner” has the meaning assigned to such term in Rule 13d-3 and Rule 13d-5 under the Exchange Act, except that in calculating
the beneficial ownership of any particular “person” (as that term is used in Section 13(d)(3) of the Exchange Act), such “person” shall be deemed to have beneficial ownership of all securities that such “person” has the
right to acquire by conversion or exercise of other securities, whether such right is currently exercisable or is exercisable only upon the occurrence of a subsequent condition. The terms “Beneficially Owns” and “Beneficially
Owned” shall have a corresponding meaning. 
  
 “Board
of Directors” means, (i) with respect to a corporation, the board of directors of the corporation, (ii) with respect to a partnership, the Board of Directors of the general partner of the partnership, (iii) with respect to any other Person,
the board or committee of such Person serving a similar function and (iv) any properly authorized committee of any of the foregoing. 
  
 “Broker-Dealer” has the meaning set forth in the Registration Rights Agreement. 
  
 “Business Day” means any day other than a Legal Holiday.

  
 “Capital” means Consolidated Container
Capital, Inc., a Delaware corporation, and any or all successors thereto. 
  
 “Cash Election Date” means, if the Issuers elect to commence accruing cash interest before June 15, 2007, the Interest Payment Date immediately preceding the first cash interest payment date.

  
 “Capital Lease Obligation” means, at the time
any determination thereof is to be made, the amount of the liability in respect of a capital lease that would at that time be required to be capitalized on a balance sheet in accordance with GAAP. 
  

 -3- 

 “Capital Stock” means, (i) in the case of a corporation, corporate stock, (ii) in the
case of an association or business entity, any and all shares, interests, participations, rights or other equivalents, however designated, of corporate stock, (iii) in the case of a partnership or limited liability company, partnership or membership
interests, whether general or limited and whether with or without liquidation preference or other preferred or special rights and (iv) any other interest or participation that confers on a Person the right to receive a share of the profits and
losses of, or distributions of assets of, the issuing Person. 
  
 “Cash Equivalents” means: (i) United States dollars (and foreign currency exchanged into United States dollars within 180 days), (ii) securities issued or directly and fully guaranteed or insured by the United States
government or any agency or instrumentality thereof—provided that the full faith and credit of the United States is pledged in support thereof—having maturities of not more than six months from the date of acquisition, (iii)
certificates of deposit and eurodollar time deposits with maturities of six months or less from the date of acquisition, bankers’ acceptances with maturities not exceeding six months and overnight bank deposits, in each case, with any lender
party to the Credit Agreement or with any domestic commercial bank having capital and surplus in excess of $500.0 million and a Thompson Bank Watch Rating of “B” or better, (iv) repurchase obligations with a term of not more than seven
days for underlying securities of the types described in clauses (ii) and (iii) above entered into with any financial institution meeting the qualifications specified in clause (iii) above, (v) commercial paper having a rating no lower than
“A-2” from Moody’s Investors Service, Inc. (“Moody’s”) or “P2” from Standard & Poor’s Rating Services (“S&P”) and in each case maturing within twelve months after the date
of acquisition, (vi) money market funds at least 95% of the assets of which constitute Cash Equivalents of the kinds described in clauses (i) through (v) of this definition, (vii) readily marketable direct obligations issued by any state of the
United States or any political subdivision thereof having one of the two highest rating categories obtainable from either Moody’s or S&P and (viii) Indebtedness or preferred stock issued by Persons with a rating of “A” or higher
from S&P or “A-2” or higher from Moody’s. 
  
 “Clearstream” means Clearstream Banking, S.A. 
  
 “Change of Control” means the occurrence of any of the following: (i) the direct or indirect sale, transfer, conveyance or other disposition (other than by way of merger or consolidation), in one or a series of related
transactions, of all or substantially all of the properties or assets of Holdings and its Restricted Subsidiaries taken as a whole or the Company and its Restricted Subsidiaries taken as a whole to any “person” (as that term is used in
Section 13(d)(3) of the Exchange Act) other than a Principal or a Related Party of a Principal, (ii) the adoption of a plan relating to the liquidation or dissolution of the Issuers, (iii) the Company becomes aware (by way of a report or any other
filing pursuant to Section 13(d) of the Exchange Act, proxy, vote, written notice or otherwise) of the consummation of any transaction, including, without limitation, any merger or consolidation, the result of which is that any “person”
(as defined above), other than the Principals and their Related Parties, becomes the Beneficial Owner, directly or indirectly, of more than 50% of the Voting Equity Securities of one of the Issuers or of Holdings, measured by voting power rather
than number of shares or (iv) the first day on which a majority of the members of the Management Committee of the Company are not Continuing Managers. 
  
 “Code” means the Internal Revenue Code of 1986, as amended. 
  

 -4- 

 “Collateral” shall mean all property (whether real or personal) with respect to which
any security interests or liens have been granted (or purported to be granted) pursuant to any Security Document, including, without limitation, each Security Document delivered pursuant to Section 10.01 hereof. 
  
 “Collateral Agent” means, (a) initially, Deutsche Bank Trust
Company Americas for the benefit of the Secured Creditors under the Security Documents and, in the case of the Mortgages, Deutsche Bank Trust Company Americas, for the benefit of the Senior Second Lien Notes Creditors (as defined in the Mortgage),
or any Affiliate thereof to the extent acting as mortgagee for the Senior Second Lien Notes Creditors pursuant to any Mortgage in respect of real property owned or leased by the Issuers and/or their Subsidiaries located in the State of Alabama, (b)
any subsequent collateral agent appointed by the Company pursuant to Section 10.12 hereof. 
  
 “Company” means Consolidated Container Company LLC, a Delaware limited liability company, and any and all successors thereto. 
  
 “Consolidated Cash Flow” means, with respect to any specified Person for any period, the Consolidated Net
Income of such Person for such period plus (i) an amount equal to any extraordinary loss plus any net loss realized by such Person or any of its Restricted Subsidiaries in connection with an Asset Sale, to the extent such losses were deducted
in computing such Consolidated Net Income, plus (ii) provision for taxes based on income or profits or the Tax Amount of such Person and its Restricted Subsidiaries for such period, to the extent that such provision for taxes or Tax Amount
was included in computing such Consolidated Net Income, plus (iii) consolidated interest expense of such Person and its Restricted Subsidiaries for such period, whether paid or accrued and whether or not capitalized (including, without
limitation, amortization of debt issuance costs and original issue discount, non-cash interest payments, the interest component of any deferred payment obligations, the interest component of all payments associated with Capital Lease Obligations,
imputed interest with respect to Attributable Debt, commissions, discounts and other fees and charges incurred in respect of letter of credit or bankers’ acceptance financings, and net of the effect of all payments made or received pursuant to
Hedging Obligations), to the extent that any such expense was deducted in computing such Consolidated Net Income, plus (iv) depreciation, amortization (including amortization of goodwill and other intangibles but excluding amortization of
prepaid cash expenses that were paid in a prior period) and other non-cash expenses (excluding any such non-cash expense to the extent that it represents an accrual of or reserve for cash expenses in any future period or amortization of a prepaid
cash expense that was paid in a prior period) of such Person and its Restricted Subsidiaries for such period to the extent that such depreciation, amortization and other non-cash expenses were deducted in computing such Consolidated Net Income,
plus (v) any fees, expenses or charges related to any Equity Offering, Permitted Investment, acquisition or recapitalization or Indebtedness permitted to be incurred by this Indenture, whether or not successful, and fees, expenses or charges
related to the transactions contemplated by the Contribution and Merger Agreement, including fees to Vestar, plus (vi) the amount of non-recurring charges, including any one-time costs incurred in connection with acquisitions after the date
of this Indenture, deducted in such period in computing Consolidated Net Income, plus (vii) the amount of any minority interest expense deducted in calculating Consolidated Net Income, plus (viii) the amount of management, consulting,
monitoring and advisory fees paid to the Principals during such period not to exceed $1.0 million during any four quarter period, minus (ix) non-cash items increasing the Consolidated 

  

 -5- 

 
Net Income for such period, other than the accrual of revenue in the ordinary course of business, in each case, on a consolidated basis and determined in
accordance with GAAP. Notwithstanding the preceding, the provision for taxes based on the income or profits of, and the depreciation and amortization and other non-cash expenses of, a Restricted Subsidiary of the Company shall be added to
Consolidated Net Income to compute Consolidated Cash Flow of the Company only to the extent that a corresponding amount would be permitted at the date of determination to be dividended to the Company by such Restricted Subsidiary without prior
governmental approval, that has not been obtained, and without direct or indirect restriction pursuant to the terms of its charter and all agreements, instruments, judgments, decrees, orders, statutes, rules and governmental regulations applicable
to that Restricted Subsidiary or its stockholders. 
  
 “Consolidated Net Income” means, with respect to any specified Person for any period, the aggregate of the Net Income of such Person and its Restricted Subsidiaries for such period, less the amount of Tax
Distributions made by such Person (and plus any refund amount received by the Company in respect of any Tax Distribution previously paid), on a consolidated basis, determined in accordance with GAAP; provided that: (i) the Net Income
(but not loss) of any Person that is not a Restricted Subsidiary or that is accounted for by the equity method of accounting shall be included only to the extent of the amount of dividends or distributions paid in cash to such specified Person or a
Restricted Subsidiary thereof, (ii) the Net Income of any Restricted Subsidiary shall be excluded to the extent that the declaration or payment of dividends or similar distributions by that Restricted Subsidiary of that Net Income is not at the date
of determination permitted without any prior governmental approval, that has not been obtained, or, directly or indirectly, by operation of the terms of its charter or any agreement, instrument, judgment, decree, order, statute, rule or governmental
regulation applicable to that Restricted Subsidiary or its stockholders, unless such restriction with respect to the payment of dividends or similar distributions has been legally waived, (iii) the cumulative effect of a change in accounting
principles shall be excluded, (iv) the Net Income (but not loss) of any Unrestricted Subsidiary shall be excluded, whether or not distributed to the specified Person or one of its Restricted Subsidiaries, (v) the net after-tax extraordinary gains or
losses, less all fees and expenses related thereto, shall be excluded, (vi) any increase in the cost of sales or other incremental expenses resulting from purchase accounting in relation to any acquisition, net of taxes, shall be excluded, (vii) any
net after-tax income (loss) from discontinued operations and any net after-tax gains or losses on disposal of discontinued operations shall be excluded, (viii) any net after-tax gains or losses, less all fees and expenses relating thereto,
attributable to asset dispositions other than in the ordinary course of business, as determined in good faith by the Company, shall be excluded, (ix) except for purposes of calculating the amount of Restricted Payments that may be made pursuant to
Section 4.07(c), any amount paid or accrued as dividends on Preferred Stock of the Company or any Restricted Subsidiary owned by Persons other than the Company and any of its Restricted Subsidiaries, shall be excluded, (x) charges relating to the
impairment of goodwill and other intangible assets pursuant to Statement of Financial Accounting Standards No. 142 shall be excluded and (xi) all compensation expense resulting from the forgiveness of the exercise price of employee stock options and
compensation expense resulting from the grant of employee stock options having an exercise price below the fair market value thereof shall be excluded. 
  
 “Continuing Managers” means, as of any date of determination, any member of the Management Committee of the Company who (i) was a member
of such Management Committee on the date of this Indenture or (ii) was nominated for election or elected to such Management 

  

 -6- 

 
Committee with the approval of a majority of the Continuing Managers who were members of such Committee at the time of such nomination or election.

  
 “Contribution and Merger Agreement” means the
Contribution and Merger Agreement, dated as of April 29, 1999, among Suiza Foods Corporation (known as Dean Foods Company as of the Issue Date), Franklin Plastics, Inc., Plastic Containers Holding, Inc., the companies owned by Suiza identified
therein, Vestar Packaging LLC, Reid Plastics Holdings, Inc., the companies owned by Reid identified therein, Holdings and the Company, as amended by Amendment No. 1 to the Contribution and Merger Agreement, dated June 28, 1999. 
  
 “Corporate Trust Office of the Trustee” shall be at the
address of the Trustee specified in Section 12.02 hereof or such other address as to which the Trustee may give notice to the Issuers. 
  
 “Credit Agreement” means that certain Credit Agreement, dated as of the Issue Date, by and among Holdings, the Company, Deutsche Bank
Trust Company Americas, as administrative agent, and the other lenders party thereto, together with the related documents thereto, including, without limitation, any guarantee agreements and security documents, in each case as such agreements may be
amended, including any amendment and restatement thereof, supplemented or otherwise modified from time to time, including any agreement extending the maturity of, Refinancing, replacing or otherwise restructuring, including increasing the amount of
available borrowings thereunder or adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, all or any portion of the Indebtedness under such agreement or any successor or replacement agreement and whether by the same or
any other agent, lender or group of lenders. 
  
 “Credit
Facilities” means, one or more debt facilities, including, without limitation, the Credit Agreement, or commercial paper facilities, in each case with banks or other institutional lenders providing for revolving credit loans, term loans,
receivables financing, including through the sale of receivables to such lenders or to special purpose entities formed to borrow from such lenders against such receivables, swingline loans or letters of credit, in each case, as amended, restated,
modified, renewed, refunded, replaced or Refinanced in whole or in part from time to time. 
  
 “Custodian” means the Trustee, as custodian with respect to the Notes in global form, or any successor entity thereto. 
  
 “Default” means any event that is, or with the passage of time or the giving of notice or both would be, an
Event of Default. 
  
 “Definitive Note” means a
certificated Note registered in the name of the Holder thereof and issued or transferred to or exchanged for such Holder in accordance with Section 2.06 hereof, substantially in the form of Exhibit A1 hereto except that such Note shall not bear the
Global Note Legend and shall not have the “Schedule of Exchanges of Interests in the Global Note” attached thereto. 
  
 “Depositary” means, with respect to the Notes issuable or issued in whole or in part in global form, the Person specified in Section 2.03
hereof as the Depositary with respect to the 

  

 -7- 

 
Notes, and any and all successors thereto appointed as depositary hereunder and having become such pursuant to the applicable provision of this Indenture.

  
 “Designated Preferred Stock” means preferred
stock of the Company, other than Disqualified Stock, that is issued for cash, other than to a Restricted Subsidiary, and is so designated as Designated Preferred Stock, pursuant to an Officers’ Certificate, on the issuance date thereof, the
cash proceeds of which are excluded from the calculation set forth in Section 4.07(c) hereof. 
  
 “Destruction” means any damage to, loss or destruction of all or any portion of the Collateral. 
  

“Disqualified Stock” means any Capital Stock that, by its terms, or by the terms of any security into which it is convertible, or for
which it is exchangeable, in each case at the option of the holder thereof, or upon the happening of any event, matures or is mandatorily redeemable, pursuant to a sinking fund obligation or otherwise, or redeemable at the option of the holder
thereof, in whole or in part, on or prior to the date that is 91 days after the date on which the Notes mature; provided that if such Capital Stock is issued to any employee or to any plan for the benefit of employees of the Company or any of
its Subsidiaries or by any plan to such employees, such Capital Stock shall not constitute Disqualified Stock solely because it may be required to be repurchased by the Company or such Subsidiary in order to satisfy applicable statutory or
regulatory obligations or as a result of such employee’s death or disability. Notwithstanding the preceding sentence, any Capital Stock that would constitute Disqualified Stock solely because the holders thereof have the right to require the
Company to repurchase such Capital Stock upon the occurrence of a change of control or an asset sale shall not constitute Disqualified Stock if the terms of such Capital Stock provide that the Company may not repurchase or redeem any such Capital
Stock pursuant to such provisions unless such repurchase or redemption complies with Section 4.07 hereof. 
  
 “Domestic Subsidiary” means any Restricted Subsidiary that was formed under the laws of the United States or any state thereof or the
District of Columbia or that guarantees or otherwise provides direct credit support for any Indebtedness of the Company. 
  
 “Equity Interests” means Capital Stock and all warrants, options or other rights to acquire Capital Stock, but excluding any debt
security that is convertible into, or exchangeable for, Capital Stock. 
  
 “Equity Offering” means an offering of the Equity Interests, other than Disqualified Stock, of the Company or Holdings, other than (i) public offerings with respect to the Equity Interests registered on Form S-8 and (ii)
any such offering of Equity Interests the proceeds of which have been designated by the Company as an Excluded Contribution. 
  
 “Euroclear” means Morgan Guaranty Trust Company of New York, Brussels office, as operator of the Euroclear system. 
  
 “Exchange Act” means the Securities Exchange Act of 1934, as
amended. 
  
 “Exchange Notes” means the Notes
issued in the Exchange Offer pursuant to Section 2.06(f) hereof. 
  

 -8- 

 “Exchange Offer” has the meaning set forth in the Registration Rights Agreement.

  
 “Exchange Offer Registration Statement” has
the meaning set forth in the Registration Rights Agreement. 
  
 “Excluded Contributions” means the net cash proceeds received by the Company after the date of this Indenture from (i) contributions to its common equity capital and (ii) the sale, other than to a Subsidiary or to any
management equity plan or stock option plan or any other management or employee benefit plan or agreement of the Company or any of its Subsidiaries, of Capital Stock, other than Disqualified Stock, of the Company, in each case designated within 60
days of the receipt of such net cash proceeds as Excluded Contributions pursuant to an Officers’ Certificate, the cash proceeds of which are excluded from the calculation set forth in Section 4.07(c) hereof. 
  
 “Existing Indebtedness” means Indebtedness of the Company
and its Restricted Subsidiaries, other than Indebtedness under the Credit Agreement, in existence on the date of this Indenture, until such amounts are repaid. 
  

“First-Lien Obligations” means Obligations under the Credit Facilities and the Hedging Obligations permitted thereunder, and certain
additional Indebtedness and Obligations that may be incurred in the future in compliance with the terms of this Indenture (including Indebtedness and Obligations incurred pursuant to clause (xv) of the second paragraph of Section 4.09 hereof and
clause (xviii) of the definition of “Permitted Liens”) to the extent such Indebtedness is secured by first-priority Liens on the Collateral. 
  
 “First-Lien Obligations Termination Date” means that date upon which all First-Lien Obligations (other than those arising from
indemnities for which no request has been made) have been paid in full in cash and all commitments and letters of credit constituting First-Lien Obligations have been terminated. 
  
 “Fixed Charge Coverage Ratio” means, with respect to any specified Person and its Restricted Subsidiaries
for any period, the ratio of the Consolidated Cash Flow of such Person and its Restricted Subsidiaries for such period to the Fixed Charges of such Person and its Restricted Subsidiaries for such period. In the event that the specified Person or any
of its Restricted Subsidiaries incurs, assumes, Guarantees, repays, repurchases or redeems any Indebtedness, other than ordinary working capital borrowings, or issues, repurchases or redeems preferred stock subsequent to the commencement of the
period for which the Fixed Charge Coverage Ratio is being calculated and on or prior to the date on which the event for which the calculation of the Fixed Charge Coverage Ratio is made (the “Calculation Date”), then the Fixed Charge
Coverage Ratio shall be calculated giving pro forma effect to such incurrence, assumption, Guarantee, repayment, repurchase or redemption of Indebtedness, or such issuance, repurchase or redemption of preferred stock, and the use of the proceeds
therefrom as if the same had occurred at the beginning of the applicable four-quarter reference period. In addition, for purposes of calculating the Fixed Charge Coverage Ratio, (i) Investments, acquisitions, dispositions, discontinued operations,
mergers and consolidations that have been made by the specified Person or any of its Restricted Subsidiaries, including through mergers or consolidations and including any related financing transactions, during the four-quarter reference period or
subsequent to such reference 

  

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period and on or prior to the Calculation Date shall be given pro forma effect as if they had occurred on the first day of the four-quarter reference period
and Consolidated Cash Flow for such reference period shall be calculated on a pro forma basis as determined in good faith by a responsible financial or accounting officer of the Company, (ii) the Consolidated Cash Flow attributable to discontinued
operations, as determined in accordance with GAAP, and operations or businesses disposed of prior to the Calculation Date, shall be excluded, (iii) the Fixed Charges attributable to discontinued operations, as determined in accordance with GAAP, and
operations or businesses disposed of prior to the Calculation Date, shall be excluded, but only to the extent that the obligations giving rise to such Fixed Charges will not be obligations of the specified Person or any of its Restricted
Subsidiaries following the Calculation Date and (iv) if since the beginning of such period any Person that subsequently became a Restricted Subsidiary or was merged with or into the Company or any Restricted Subsidiary since the beginning of such
period shall have made any Investment, acquisition, disposition, discontinued operation, merger or consolidation that would have required adjustment pursuant to this definition, then the Fixed Charge Coverage Ratio shall be calculated giving pro
forma effect thereto for such period as if such Investment, acquisition, disposition, discontinued operation, merger or consolidation had occurred at the beginning of the applicable four-quarter period. 
  
 “Fixed Charges” means, with respect to any specified Person
for any period, the sum, without duplication, of (i) the consolidated interest expense of such Person and its Restricted Subsidiaries for such period, whether paid or accrued, including, without limitation, amortization of debt issuance costs
incurred in connection with the Transactions, the Notes and the Credit Agreement and original issue discount, non-cash interest payments, the interest component of any deferred payment obligations, the interest component of all payments associated
with Capital Lease Obligations, imputed interest with respect to Attributable Debt, commissions, discounts and other fees and charges incurred in respect of letter of credit or bankers’ acceptance financings, and net of the effect of all
payments made or received pursuant to Hedging Obligations related to Indebtedness, plus (ii) the consolidated interest of such Person and its Restricted Subsidiaries that was capitalized during such period, plus (iii) any interest
expense on Indebtedness of another Person that is Guaranteed by such Person or one of its Restricted Subsidiaries or secured by a Lien on assets of such Person or one of its Restricted Subsidiaries, whether or not such Guarantee or Lien is called
upon, plus (iv) the product of (a) all cash dividend payments or other distributions, and non-cash dividend payments in the case of a Person that is a Restricted Subsidiary, on any series of preferred equity of such Person and its Restricted
Subsidiaries, times (b) (x) if such Person is not a taxable entity for U.S. federal income tax purposes, one, and (y) if such Person is a taxable entity for U.S. federal income tax purposes, a fraction, the numerator of which is one and the
denominator of which is one minus the then current combined federal, state and local statutory tax rate of such Person and its Restricted Subsidiaries, expressed as a decimal, in each case, on a consolidated basis and in accordance with GAAP.

  
 “GAAP” means generally accepted accounting
principles set forth in the opinions and pronouncements of the Accounting Principles Board of the American Institute of Certified Public Accountants and statements and pronouncements of the Financial Accounting Standards Board or in such other
statements by such other entity as have been approved by a significant segment of the accounting profession, which are in effect on the date of this Indenture. For the purposes of this Indenture, the term “consolidated” with respect to any
Person shall mean such Person consolidated with its Restricted Subsidiaries and shall not include any Unrestricted Subsidiary. 
  

 -10- 

 “Global Notes” means, individually and collectively, each of the Restricted Global Notes
and the Unrestricted Global Notes, substantially in the form of Exhibit A hereto issued, transferred or exchanged, as the case may be, in accordance with Section 2.01, 2.06(b)(iv), 2.06(d)(ii) or 2.06(f) hereof. 
  
 “Global Note Legend” means the legend set forth in Section
2.06(g)(ii) hereof, which is required to be placed on all Global Notes issued under this Indenture. 
  
 “Government Securities” means direct obligations of, or obligations guaranteed by, the United States of America, and the payment for
which the United States pledges its full faith and credit. 
  
 “Guarantee” means a guarantee other than by endorsement of negotiable instruments for collection in the ordinary course of business, direct or indirect, in any manner including, without limitation, letters of credit or
reimbursement agreements in respect thereof, of all or any part of any Indebtedness. 
  
 “Guarantors” means each subsidiary that executes a Guarantee in accordance with the provisions of this Indenture and their respective successors and assigns. 
  
 “Hedging Obligations” means, with respect to any specified
Person, the obligations of such Person under (i) interest rate swap agreements, interest rate cap agreements and interest rate collar agreements and (ii) other agreements or arrangements designed to protect such Person against fluctuations in
interest rates or currency exchange or commodity prices. 
  
 “Holder” means a Person in whose name a Note is registered. 
  
 “Holdings” means Consolidated Container Holdings LLC, a Delaware limited liability company and the parent of the Company. 
  
 “Indebtedness” means, with respect to any specified Person, any indebtedness of such Person, whether or not
contingent, in respect of (i) borrowed money, (ii) evidenced by bonds, notes, debentures or similar instruments, (iii) representing Capital Lease Obligations, (iv) the balance deferred and unpaid of the purchase price of any property, except any
such balance that constitutes an accrued expense or trade payable, (v) all obligations of such Person for the reimbursement of any obligor on any letter of credit, bankers’ acceptance or similar credit transaction (other than obligations with
respect to letters of credit securing obligations (other than obligations described in clauses (1) through (4) above) entered into in the ordinary course of business of such Person to the extent such letters of credit are not drawn upon or, if and
to the extent drawn upon, such drawing is reimbursed no later than the tenth Business Day following payment on the letter of credit) or (vi) representing any Hedging Obligations relating to Indebtedness, if and to the extent any of the preceding
items, other than letters of credit and Hedging Obligations, would appear as a liability upon a balance sheet of the specified Person prepared in accordance with GAAP. In addition, the term “Indebtedness” includes all Indebtedness of
others secured by a Lien on any asset of the specified Person, whether or not such Indebtedness is assumed by the specified Person, and, to the extent not otherwise included, the Guarantee by the specified Person of any indebtedness of any other
Person. The amount of any Indebtedness outstanding as of any date shall be (i) the accreted value thereof, in the case of any Indebtedness issued with original 

  

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issue discount and (ii) the principal amount at maturity thereof, in the case of any other Indebtedness. 
  
 “Indenture” means this Indenture, as amended, supplemented
or otherwise modified from time to time, including, for all purposes of this Indenture and any such supplemental indenture, the provisions of the TIA that are deemed to be a part of and govern this indenture, respectively. 
  
 “Indirect Participant” means a Person who holds a beneficial
interest in a Global Note through a Participant. 
  
 “Initial Purchaser” means Deutsche Bank Securities Inc. 
  
 “Initial Notes” means the first $207.0 million aggregate principal amount at maturity of Notes issued under this Indenture on the Issue date. 
  
 “Institutional Accredited Investor” means an institution
that is an “accredited investor” as defined in Rule 501(a)(1), (2), (3) or (7) under the Securities Act, who are not also QIBs. 
  
 “Interest Payment Date” means June 15 and December 15 of each year, commencing June 15, 2004. 
  
 “Investment Grade Securities” means (i) securities issued or
directly and fully guaranteed or insured by the United States government or any agency or instrumentality thereof, other than Cash Equivalents, (ii) debt securities or debt instruments with a rating of BBB- or higher by S&P or Baa3 or higher by
Moody’s or the equivalent of such rating by such rating organization, or, if no rating of S&P or Moody’s then exists, the equivalent of such rating by any other nationally recognized securities rating agency, but excluding any debt
securities or instruments constituting loans or advances between and among the Company and its Subsidiaries and (iii) investments in any fund that invests exclusively in investments of the type described in clauses (i) and (ii), which fund may also
hold immaterial amounts of cash pending investment and/or distribution. 
  
 “Investments” means, with respect to any Person, all direct or indirect investments by such Person in other Persons, including Affiliates, in the forms of loans, including Guarantees or other obligations, advances or
capital contributions, excluding accounts receivable, trade credit, advances to customers, commission, travel and similar advances to officers and employees made in the ordinary course of business, purchases or other acquisitions for consideration
of Indebtedness, Equity Interests or other securities, together with all items that are or would be classified as investments on a balance sheet prepared in accordance with GAAP. If the Company or any Subsidiary of the Company sells or otherwise
disposes of any Equity Interests of any direct or indirect Subsidiary of the Company such that, after giving effect to any such sale or disposition, such Person is no longer a Subsidiary of the Company, the Company shall be deemed to have made an
Investment on the date of any such sale or disposition equal to the fair market value of the Equity Interests of such Subsidiary not sold or disposed of in an amount determined as provided in Section 4.07 hereof. The acquisition by the Company or
any Subsidiary of the Company of a Person that holds an Investment in a third Person shall be deemed to be an Investment by the Company or such Subsidiary in such third Person in an amount equal to the fair market value of the Investment 

  

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held by the acquired Person in such third Person in an amount determined as provided in Section 4.07 hereof. 
  
 “Issue Date” means May 20, 2004, the date of original
issuance of the Initial Notes. 
  
 “Issuers”
means the Company and Capital. 
  
 “Legal
Holiday” means a Saturday, a Sunday or a day on which banking institutions in the City of New York or at a place of payment are authorized by law, regulation or executive order to remain closed. If a payment date is a Legal Holiday at a
place of payment, payment may be made at that place on the next succeeding day that is not a Legal Holiday, and no interest shall accrue on such payment for the intervening period. 
  
 “Letter of Transmittal” means the letter of transmittal to be prepared by the Issuers and sent to all
Holders of the Notes for use by such Holders in connection with the Exchange Offer. 
  
 “Lien” means, with respect to any asset, any mortgage, deed of trust, deed to secure debt, lien, pledge, charge, security interest or encumbrance of any kind in respect of such asset, whether or not
filed, recorded or otherwise perfected under applicable law, including any conditional sale or other title retention agreement, any lease in the nature thereof, any option or other agreement to sell or give a security interest in and any filing of
or agreement to give any financing statement under the Uniform Commercial Code, or equivalent statutes, of any jurisdiction; provided that in no event shall an operating lease be deemed to constitute a Lien. 
  
 “Liquidated Damages” means all Liquidated Damages, if any,
then owing pursuant to Section 4 of the Registration Rights Agreement. 
  
 “Management Agreement” means the management agreement among the Company, Consolidated Container Holdings and Vestar Capital Partners entered into on April 29, 1999, relating to the management of the Company and Consolidated
Container Holdings, as amended pursuant to an Amendment dated September 1, 2003, and as further amended from time to time, so long as such amendment is not disadvantageous to the Holders in any material respect as compared to the Management
Agreement as existing on the Issue Date. 
  
 “Management
Committee” means (i) for so long as the Company is a limited liability company, the Management Committee of the Company, or the Management Committee of Holdings if acting on behalf of the Company and (ii) otherwise the Board of Directors of
the Company. 
  
 “Mortgages” means each mortgage
or deed of trust entered into as of the Issue Date (as amended, restated, modified, supplemented, extended or replaced from time to time) by Holdings, the Company or its domestic Subsidiaries (as mortgagor or grantor) and the Collateral Agent (as
mortgagee or beneficiary) for the benefit of the Notes Secured Creditors, and each additional mortgage or deed of trust executed after the Issue Date in accordance with the provisions of Sections 10.01 and 10.02, which shall be substantially in the
form of the mortgages and deeds of trust executed on the Issue Date, with such changes thereto as shall be reasonably acceptable to the Trustee. 
  

 -13- 

 “Net Income” means, with respect to any specified Person, the net income (loss) of such
Person, determined in accordance with GAAP and before any reduction in respect of dividends on preferred interests, excluding, however, (i) any gain (but not loss), together with any related provision for taxes or Tax Distributions on such gain (but
not loss), realized in connection with (a) any Asset Sale or (b) the disposition of any securities by such Person or any of its Restricted Subsidiaries or the extinguishment of any Indebtedness of such Person or any of its Restricted Subsidiaries
plus (ii) any extraordinary gain (but not loss), together with any related provision for taxes or Tax Distributions on such extraordinary gain (but not loss). 
  

“Net Insurance Proceeds” means the insurance proceeds (excluding liability insurance proceeds payable to the trustee for any loss,
liability or expense incurred by it and excluding the proceeds of business interruption insurance) or condemnation awards actually received by Holdings, the Company or any Restricted Subsidiary of the Company as a result of the Destruction or Taking
of all or any portion of the Collateral, net of (i) reasonable out-of-pocket expenses and fees relating to such Taking or Destruction (including, without limitation, expenses of attorneys and insurance adjusters) and (ii) repayment of Indebtedness
that is secured by the property or assets that are the subject of such Taking or Destruction; provided that, in the case of any Destruction or Taking involving Collateral, the Lien securing such Indebtedness constitutes a Lien permitted by
this Indenture to be prior to the Lien granted to the Collateral Agent for the benefit of the Notes Secured Creditors pursuant to the Security Documents. 
  
 “Net Proceeds” means the total cash proceeds received by the Company or any of its Restricted Subsidiaries in respect of any Asset Sale,
including, without limitation, any cash received upon the subsequent sale or other disposition of any noncash consideration received in any Asset Sale, net of the direct costs relating to such Asset Sale and the sale or disposition of the noncash
consideration, including, without limitation, legal, accounting and investment banking fees, and sales commissions, and any relocation expenses incurred as a result thereof, taxes or Tax Distributions paid or payable as a result thereof, in each
case, after taking into account any available tax credits or deductions and any tax sharing arrangements, and amounts required to be applied to the repayment of Indebtedness, other than First-Lien Obligations under the Credit Agreement, secured by a
Lien on the asset or assets that were the subject of the Asset Sale and any reserve established in accordance with GAAP for adjustment in respect of any liabilities associated with such asset or assets and retained by the Company after the sale or
other disposition thereof, including, without limitation, pension and other post-employment benefit liabilities and liabilities related to environmental matters or against any indemnification obligations associated with such transaction. 

 
 “Non-Recourse Debt” means Indebtedness: (i) as to which
neither the Company nor any of its Restricted Subsidiaries (a) provides credit support of any kind (including any undertaking, agreement or instrument that would constitute Indebtedness), (b) is directly or indirectly liable as a guarantor or
otherwise or (c) constitutes the lender, (ii) no default with respect to which, including any rights that the holders thereof may have to take enforcement action against an Unrestricted Subsidiary, would permit upon notice, lapse of time or both any
holder of any other Indebtedness (other than the Notes) of the Company or any of its Restricted Subsidiaries to declare a default on such other Indebtedness or cause the payment thereof to be accelerated or payable prior to its stated maturity and
(iii) as to which the lenders have been notified in writing that they 

  

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will not have any recourse to the stock or assets of the Company or any of its Restricted Subsidiaries. 
  
 “Non-U.S. Person” means a Person who is not a U.S. Person.

  
 “Notes” has the meaning assigned to it in the
preamble to this Indenture. The Initial Notes and the Additional Notes shall be treated as a single class for all purposes under this Indenture. 
  
 “Notes Secured Creditors” means, collectively, the Trustee and the Holders. 
  
 “Obligations” means any principal, interest, penalties, fees, indemnifications, reimbursements, damages and
other liabilities payable under the documentation governing any Indebtedness. 
  
 “Officer” means, with respect to any Person, the Chairman of the Board, the Chief Executive Officer, the President, the Chief Operating Officer, the Chief Financial Officer, the Treasurer, any
Assistant Treasurer, the Controller, the Secretary, any Assistant Secretary or any Vice President of such Person. 
  
 “Officers’ Certificate” means a certificate signed on behalf of the Issuers by two Officers of the Issuers, one of whom must be the
principal executive officer, the principal financial officer or the principal accounting officer of the Issuers, that meets the requirements of Section 12.05 hereof. 
  
 “Opinion of Counsel” means an opinion from legal counsel who is acceptable to the Trustee, that meets the
requirements of Section 12.05 hereof. The counsel may be an employee of or counsel to the Issuers, any Subsidiary of either of the Issuers or the Trustee. 
  
 “Participant” means, with respect to the Depositary, Euroclear or Clearstream, a Person who has an account with the Depositary, Euroclear
or Clearstream, respectively (and, with respect to DTC, shall include Euroclear and Clearstream). 
  
 “Permitted Agreements” means (i) the Supply Agreement, dated as of July 1, 1999, between Holdings and Suiza Foods Corporation (known as
Dean Foods Company as of the Issue Date), (ii) the Assumption Agreement, dated as of July 1, 1999, among Holdings, the Company and Reid Plastics Holdings, (iii) the Registration Rights Agreement entered into among Holdings, Reid Plastic Holdings and
the holders of member units in Holdings, in substantially the form which is an exhibit to the Limited Liability Company Agreement of Holdings and (iv) the Trademark License Agreement, dated as of July 1, 1999, among the Company, Holdings and
Continental Can Company, Inc. 
  
 “Permitted
Business” means any of the lines of business conducted by the Company and its Restricted Subsidiaries on the date hereof and any business similar, ancillary or related thereto or that constitutes a reasonable extension or expansion thereof,
including the Company’s existing and future technology, trademarks and patents. 
  

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 “Permitted Investments” means (i) any Investment in the Company or in a Restricted
Subsidiary of the Company, (ii) any Investment in Cash Equivalents or Investment Grade Securities, (iii) any Investment by the Company or any Restricted Subsidiary of the Company in a Person, if as a result of such Investment (a) such Person becomes
a Restricted Subsidiary of the Company or (b) such Person is merged, consolidated or amalgamated with or into, or transfers or conveys substantially all of its assets to, or is liquidated into, the Company or a Restricted Subsidiary of the Company,
(iv) any Investment made as a result of the receipt of non-cash consideration from an Asset Sale that was made under and in compliance with Section 4.10 hereof, (v) any Investments the payment for which solely consists of Equity Interests (other
than Disqualified Stock) of the Company, provided that such Equity Interests will not increase the amount available for Restricted Payments under Section 4.07(c) hereof, (vi) Hedging Obligations, (vii) other Investments in any Person other
than Holdings or an Affiliate of Holdings that is not also a Restricted Subsidiary of the Company having a total fair market value (measured on the date each such Investment was made and without giving effect to subsequent changes in value), when
taken together with all other Investments made pursuant to this clause (vii) that are at the time outstanding not to exceed $15.0 million, (viii) Investments in Unrestricted Subsidiaries having a total fair market value not to exceed at any one time
outstanding $15.0 million, measured on the date each such Investment was made and without giving effect to subsequent changes in value, (ix) any Investment existing on the date of this Indenture, (x) advances to employees and officers not in excess
of $10.0 million in the total outstanding at any one time, (xi) any Investment acquired by the Company or any of its Restricted Subsidiaries (a) in exchange for any other Investment or accounts receivable held by the Company or any such Restricted
Subsidiary in connection with or as a result of a bankruptcy, workout, reorganization or recapitalization of the issuer of such other Investment or accounts receivable or (b) as a result of a foreclosure by the Company or any of its Restricted
Subsidiaries with respect to any secured Investment or other transfer of title with respect to any secured Investment in default, (xii) any Investment in a Permitted Business, other than an Investment in an Unrestricted Subsidiary, having a total
fair market value, taken together with all other Investments made pursuant to this clause (xii) that are at that time outstanding, not to exceed $15.0 million at the time of such Investment, measured on the date each such Investment was made and
without giving effect to subsequent changes in value, (xiii) any transaction to the extent it constitutes an Investment that is permitted by and made in accordance with clauses (vii) and (xiii) of the second paragraph of Section 4.11 hereof, (xiv)
Investments consisting of the licensing or contribution of intellectual property pursuant to joint marketing arrangements with other Persons, (xv) Investments consisting of purchase and acquisitions of inventory, supplies, materials and equipment or
licenses or leases of intellectual property, in any case, in the ordinary course of business and (xvi) Investments by the Company or a Restricted Subsidiary in a Receivables Subsidiary or any Investment by a Receivables Subsidiary in any other
Person, in each case, in connection with a Qualified Receivables Transaction. 
  
 “Permitted Liens” means (i) Liens securing the Notes and the Guarantees in an aggregate principal amount at maturity not to exceed $207.0 million, (ii) Liens securing First-Lien Obligations under the
Credit Facilities (including, without limitation, with respect to letters of credit issued thereunder and guarantees thereunder), so long as the principal amount of the Indebtedness thereunder was incurred pursuant to, and in compliance with, clause
(i) of the second paragraph in Section 4.09 hereof, (iii) Liens in favor of the Issuers or any Guarantor on the property or assets, or any proceeds, income or profit therefrom, of any Restricted Subsidiary; provided 

  

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that such Liens are either junior in priority to the Liens securing the Notes or are not secured by Collateral, (iv) Liens securing Acquired Indebtedness
incurred in reliance on Section 4.09 hereof; provided that such Liens do not extend to or cover any property or assets of the Company or of any of its Restricted Subsidiaries other than the property or assets that secured the Acquired
Indebtedness prior to the time such Indebtedness became Acquired Indebtedness of the Company or a Restricted Subsidiary of the Company (and any proceeds thereof), (v) Liens on property existing at the time of acquisition thereof by the Company or
any Restricted Subsidiary of the Company (and any proceeds thereof), provided that such Liens were in existence prior to the contemplation of such acquisition, (vi) Liens (other than any Lien imposed by ERISA) to secure the performance of
statutory obligations, surety or appeal bonds, performance bonds or other obligations of a like nature incurred in the ordinary course of business, (vii) Liens to secure Indebtedness, including Capital Lease Obligations, permitted by clause (iv) of
the second paragraph of Section 4.09 hereof, covering only the assets acquired with such Indebtedness (and any proceeds thereof), (viii) Liens issued in the ordinary course of business of the Company or any Restricted Subsidiary of the Company
regarding obligations that do not exceed $5.0 million at any one time outstanding, (ix) Liens existing on the Issue Date, together with any Liens securing Permitted Refinancing Indebtedness incurred in reliance on, and in compliance with, clause (v)
of the second paragraph of Section 4.09 in order to Refinance the Indebtedness secured by Liens; provided that the Liens securing the Permitted Refinancing Indebtedness shall be of equal or lesser priority than, and not extend to property
other than that pledged under, the Liens securing the Indebtedness being Refinanced, (x) Liens securing Hedging Obligations permitted to be incurred pursuant to clause (vii) of the second paragraph of Section 4.09, (xi) Liens (other than any Lien
imposed by ERISA) for taxes, assessments or governmental charges or claims that are not yet delinquent or that are being contested in good faith by appropriate proceedings promptly instituted and diligently concluded; provided that any
reserve or other appropriate provision as shall be required in accordance with GAAP shall have been made therefor, (xii) judgment Liens not giving rise to an Event of Default so long as such Lien is adequately bonded and any appropriate legal
proceedings that may have been properly initiated for the review of such judgment shall not have been finally terminated or the period within which such proceedings may be initiated shall not have expired, (xiii) Liens upon specific items of
inventory or other goods and proceeds of any Person securing such Person’s obligations in respect of bankers’ acceptances issued or created for the account of such Person to facilitate the purchase, shipment or storage of such inventory or
other goods, (xiv) statutory Liens of landlords and Liens of carriers, warehousemen, mechanics, suppliers, materialmen, repairmen and other Liens imposed by law issued in the ordinary course of business for sums not yet delinquent or being contested
in good faith, if such reserve or other appropriate provision, if any, as shall be required by GAAP shall have been made in respect thereof, (xv) Liens (other than any Lien imposed by ERISA) issued or deposits made in the ordinary course of business
in connection with workers’ compensation, unemployment insurance and other types of Social Security, including any Lien securing letters of credit issued in the ordinary course of business consistent with past practice in connection therewith,
(xvi) Liens encumbering deposits made to secure obligations arising from statutory, regulatory, contractual or warranty requirements, including rights of offset and set off, (xvii) Liens on assets of a Receivables Subsidiary arising in connection
with a Qualified Receivables Transaction and (xviii) Liens securing Indebtedness and related Obligations incurred pursuant to, and in compliance with, clause (xv) of the second paragraph of Section 4.09 (which may include First Lien Obligations
(including additional 

  

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Credit Facilities or (increases in Credit Facilities), Acquired Indebtedness and Attributable Indebtedness), Additional Notes or any Subordinated
Obligation). 
  
 “Permitted Refinancing
Indebtedness” means any Indebtedness of the Company or any of its Restricted Subsidiaries issued in exchange for, or the net proceeds of which are used to extend, Refinance, renew, replace, defease or refund other Indebtedness of the
Company or any of its Restricted Subsidiaries other than intercompany Indebtedness; provided that (i) the principal amount, or accreted value, if applicable, of such Permitted Refinancing Indebtedness does not exceed the principal amount, or
accreted value, if applicable, of the Indebtedness so extended, Refinanced, renewed, replaced, defeased or refunded, plus all accrued interest thereon and the amount of all expenses and premiums incurred in connection therewith, and with such
Refinancing, (ii) such Permitted Refinancing Indebtedness has a Weighted Average Life to Maturity equal to or greater than the remaining Weighted Average Life to Maturity of, the Indebtedness being extended, Refinanced, renewed, replaced, defeased
or refunded, (iii) if the Indebtedness being extended, Refinanced, renewed, replaced, defeased or refunded is subordinated in right of payment to the Notes, such Permitted Refinancing Indebtedness has a final maturity date equal to or later than the
final maturity date of, and is subordinated in right of payment to, the Notes on terms at least as favorable to the Holders of Notes as those contained in the documentation governing the Indebtedness being extended, Refinanced, renewed, replaced,
defeased or refunded and (iv) such Indebtedness is incurred either by the Company or by the Restricted Subsidiary who is the obligor on the Indebtedness being extended, Refinanced, renewed, replaced, defeased or refunded. 
  
 “Person” means any individual, corporation, partnership,
joint venture, association, joint-stock company, trust, unincorporated organization, limited liability company or government or other entity. 
  
 “Principals” means Vestar and its Affiliates, and Dean Foods Company and its Affiliates. 
  
 “Private Placement Legend” means the legend set forth in
Section 2.06(g)(i) hereof to be placed on all Notes issued under this Indenture except where otherwise permitted by the provisions of this Indenture. 
  
 “Purchase Agreement” means the Purchase Agreement, dated as of May 11, 2004, by and among the Issuers, the Guarantors and the Initial
Purchaser. 
  
 “Purchase Money Note” means a
promissory note evidencing a line of credit, or evidencing other Indebtedness owed to the Company or any Restricted Subsidiary in connection with a Qualified Receivables Transaction, which note shall be repaid from cash available to the maker of
such note, other than amounts required to be established as reserves pursuant to agreement, amounts paid to investors in respect of interest, principal and other amounts owing to such investors and amounts paid in connection with the purchase of
newly generated receivables. 
  
 “QIB” means a
“qualified institutional buyer” as defined in Rule 144A. 
  
 “Qualified Receivables Transaction” means any transaction or series of transactions that may be entered into by the Company or any Restricted Subsidiary pursuant to which the 

  

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Company or any Restricted Subsidiary may sell, convey or otherwise transfer to (i) a Receivables Subsidiary (in the case of a transfer by the Company or any
Restricted Subsidiary) and (ii) any other Person, in the case of a transfer by a Receivables Subsidiary, or may grant a security interest in, any accounts receivable, whether now existing or arising in the future, of the Company or any Restricted
Subsidiary and any asset related thereto, including, without limitation, all collateral securing such accounts receivable, and all guarantees or other obligations in respect of such accounts receivable, proceeds of such accounts receivable and other
assets that are customarily transferred, or in respect of which security interests are customarily granted, in connection with an asset securitization transaction involving accounts receivable. 
  
 “Receivables Subsidiary” means a Wholly Owned Restricted
Subsidiary, other than a Guarantor, that engages in no activities other than in connection with the financing of accounts receivables and that is designated by the Management Committee of the Company (as provided below) as a Receivables Subsidiary
and as long as (i) no portion of the Indebtedness or any other Obligations, contingent or otherwise, of which (a) is guaranteed by the Company or any other Restricted Subsidiary, excluding guarantees of obligations, other than the principal of, and
interest on, Indebtedness, pursuant to Standard Securitization Undertakings, (b) is recourse to or obligates the Company or any other Restricted Subsidiary, directly or indirectly, in any way other than pursuant to Standard Securitization
Undertakings or (c) subjects any property or asset of the Company or any other Restricted Subsidiary contingently or otherwise, to the satisfaction thereof, other than pursuant to Standard Securitization Undertakings, (ii) with which neither the
Company nor any other Restricted Subsidiary has any material contract, agreement, arrangement or understanding, except in connection with a Purchase Money Note or Qualified Receivables Transaction, other than on terms no less favorable to the
Company or such other Restricted Subsidiary than those that might be obtained at the time from Persons that are not Affiliates of the Company, other than fees payable in the ordinary course of business in connection with servicing accounts
receivable and (iii) to which neither the Company nor any other Restricted Subsidiary has any obligation to maintain or preserve such entity’s financial condition or cause such entity to achieve a specified level of operating results. Any such
designation by the Management Committee of the Company shall be evidenced to the Trustee by filing with the Trustee a certified copy of the resolution of the Board of Directors of the Company giving effect to such designation and an Officers’
Certificate certifying, to the best of such officer’s knowledge and belief after consulting with counsel, that such designation complied with the foregoing conditions. 
  
 “Refinance” means, in respect of any security or Indebtedness, to refinance, extend, renew, refund, repay,
prepay, redeem, defease, replace or retire, or to issue a security or Indebtedness in exchange or replacement for, such security or Indebtedness in whole or in part. “Refinanced” and “Refinancing” shall have correlative meanings.
A Refinancing shall not be required to take place simultaneously with the repayment in full and/or termination of commitments in respect of the Indebtedness being Refinanced, so long as the net proceeds of such Refinancing are irrevocably committed
to such repayment in full and/or termination of commitments. 
  
 “Registration Rights Agreement” means the Registration Rights Agreement, dated as of May 20, 2004, by and among the Issuers, the Guarantors and the Initial Purchaser, as such agreement may be amended, modified or
supplemented from time to time and, with respect to any Additional Notes, one or more registration rights agreements between the Issuers and the other parties thereto, as such agreement(s) may be amended, modified or supplemented from 

  

 -19- 

 
time to time, relating to rights given by the Issuers to the purchasers of Additional Notes to register such Additional Notes under the Securities Act.

  
 “Regulation S” means Regulation S promulgated
under the Securities Act. 
  
 “Regulation S Global
Note” means a Regulation S Temporary Global Note or Regulation S Permanent Global Note, as appropriate. 
  
 “Regulation S Permanent Global Note” means a permanent global Note in the form of Exhibit A1 hereto bearing the Global Note Legend and
the Private Placement Legend and deposited with or on behalf of and registered in the name of the Depositary or its nominee, issued in a denomination equal to the outstanding principal amount at maturity of the Regulation S Temporary Global Note
upon expiration of the Restricted Period. 
  
 “Regulation
S Temporary Global Note” means a temporary global Note in the form of Exhibit A2 hereto bearing the Private Placement Legend and deposited with or on behalf of and registered in the name of the Depositary or its nominee, issued in a
denomination equal to the outstanding principal amount at maturity of the Notes initially sold in reliance on Rule 903 of Regulation S. 
  
 “Related Party” means (i) any controlling stockholder, 80% (or more) owned Subsidiary, or immediate family member, in the case of an
individual, of any Principal, (ii) any trust, corporation, partnership or other entity, the beneficiaries, stockholders, partners, owners or Persons beneficially holding an 80% or more controlling interest; or (iii) any limited partner or general
partner. 
  
 “Responsible Officer,” when used
with respect to the Trustee, means any officer within the corporate trust department of the Trustee (or any successor to the Trustee) including any vice president, assistant secretary, assistant treasurer, trust officer or any other officer of the
Trustee customarily performing functions similar to those performed by any of the above designated officers and also means, with respect to a particular corporate trust matter, any other officer to whom such matter is referred because of his
knowledge of and familiarity with the particular subject and who shall have direct responsibility for the administration of this Indenture. 
  
 “Restricted Definitive Note” means a Definitive Note bearing the Private Placement Legend. 
  
 “Restricted Global Note” means a Global Note bearing the
Private Placement Legend. 
  
 “Restricted
Investment” means an Investment other than a Permitted Investment. 
  
 “Restricted Period” means the 40-day restricted period as defined in Regulation S. 
  
 “Restricted Subsidiary” of a Person means any Subsidiary of the referent Person that is not an Unrestricted Subsidiary. 
  
 “Rule 144” means Rule 144 promulgated under the Securities
Act. 
  

 -20- 

 “Rule 144A” means Rule 144A promulgated under the Securities Act. 
  
 “Rule 903” means Rule 903 promulgated under the Securities
Act. 
  
 “Rule 904” means Rule 904 promulgated
the Securities Act. 
  
 “SEC” means the
Securities and Exchange Commission. 
  
 “Securities
Act” means the Securities Act of 1933, as amended. 
  
 “Security Agreement” means the security agreement, dated as of the Issue Date (as amended, restated, modified, supplemented, extended or replaced from time to time), among Holdings, the Company and its domestic
subsidiaries, as Assignors, and the Collateral Agent. 
  
 “Security Documents” means, collectively, (i) the Security Agreement, (ii) the Mortgages and (iii) all other security agreements, mortgages, deeds of trust, deeds to secure debt, pledges, collateral assignments and other
agreements or instruments evidencing or creating any security interest or Lien in favor of the Collateral Agent for the benefit of the Trustee and the Holders in any or all of the Collateral. 
  
 “Shelf Registration Statement” means the Shelf Registration
Statement as defined in the Registration Rights Agreement 
  
 “Significant Subsidiary” means any Subsidiary that would be a “significant subsidiary” as defined in Article 1, Rule 1-02 of Regulation S-X, promulgated under to the Securities Act, as such Regulation is in effect
on the date of this Indenture. 
  
 “Standard
Securitization Undertakings” means representations, warranties, covenants and indemnities entered into by the Company or any Restricted Subsidiary that are reasonably customary in an accounts receivable transaction. 
  
 “Stated Maturity” means, with respect to any installment of
interest or principal on any series of Indebtedness, the date on which such payment of interest or principal was scheduled to be paid in the original documentation governing such Indebtedness, and shall not include any contingent obligations to
repay, redeem or repurchase any such interest or principal prior to the date originally scheduled for the payment thereof. 
  
 “Subordinated Obligation” means (i) with respect to the Company, any Indebtedness of the Company (whether outstanding on the Issue Date
or thereafter incurred) which is expressly subordinate in right of payment to the Notes, pursuant to a written agreement, or is unsecured and (ii) with respect to a Guarantor, any Indebtedness of such Guarantor (whether outstanding on the Issue Date
or thereafter incurred) which is expressly subordinate in right of payment to the Guarantee of such Guarantor, pursuant to a written agreement. 
  
 “Subsidiary” means, with respect to any specified Person (i) any corporation, association or other business entity of which more than 50%
of the total voting power of shares of Capital Stock entitled, without regard to the occurrence of any contingency, to vote in the election of directors, managers or trustees thereof is at the time owned or controlled by such Person or one or

  

 -21- 

 
more of the other Subsidiaries of that Person, or a combination thereof and (ii) any partnership (a) the sole general partner or the managing general partner
of which is such Person or a Subsidiary of such Person or (b) the only general partners of which are such Person or one or more Subsidiaries of such Person, or any combination thereof. 
  
 “Tax Amount” means (i) for so long as Holdings is a pass-through entity for income tax purposes and the
sole asset of Holdings is its membership interest in the Company (and prior to any distribution of any Tax Amount, the Company delivers an Officers’ Certificate to such effect), the tax amount that Holdings is required to distribute to its
members pursuant to Section 6.4 of its Amended and Restated Limited Liability Company Agreement as in effect on the date of this Indenture, or (ii) if Holdings holds other assets in addition to its member interest in the Company, the tax amount that
Holdings is required to distribute to its members pursuant to Section 6.4 of its Amended and Restated Limited Liability Company Agreement less any amounts for taxes related to assets other than the membership interests in the Company or (iii) if
Holdings is no longer a pass-through entity for income tax purposes, the combined federal, state and local income taxes that would be paid by the Company if it were a separate entity and a Delaware corporation filing separate tax returns with
respect to its Taxable Income for such period; provided, however, that in determining the Tax Amount, the effect thereon of any net operating loss carryforwards or other carryforwards or tax attributes, such as alternative minimum tax
carryforwards, that would have arisen if the Company were a Delaware corporation shall be taken into account. Notwithstanding anything to the contrary, for purposes of this clause (iii), Tax Amount shall not include taxes resulting from the
Company’s reorganization as or change in the status to a corporation. 
  
 “Tax Distribution” means a distribution in respect of taxes to the members of the Company pursuant to clause (vii) of the second paragraph of Section 4.07 hereof. 
  
 “Taxable Income” means, with respect to any Person for any
period, the hypothetical taxable income or loss of such Person for such period for federal income tax purposes computed on the hypothetical assumption that such Person is a separate entity and a Delaware corporation. 
  
 “TIA” means the Trust Indenture Act of 1939 (15 U.S.C.
§§ 77aaa-77bbbb) as in effect on the date on which this Indenture is qualified under the TIA, except as provided in Section 9.03 hereof. 
  
 “Total Assets” means the total consolidated assets of the Company and its Restricted Subsidiaries, as shown on the most recent balance
sheet of the Company. 
  
 “Trustee” means the
party named as such in the recitals hereto until a successor replaces it in accordance with the applicable provisions of this Indenture and thereafter means the successor serving hereunder. 
  
 “Trust Monies” means all cash and Cash Equivalents received
by the Trustee, net of reasonable out-of-pocket expenses and fees (including, without limitation, expenses of attorneys) (i) upon the release of Collateral, except pursuant to an Asset Sale and (ii) pursuant to the Security Documents. 
  

 -22- 

 “Unrestricted Definitive Note” means one or more Definitive Notes that do not bear and
are not required to bear the Private Placement Legend. 
  
 “Unrestricted Global Note” means a permanent global Note substantially in the form of Exhibit A1 attached hereto that bears the Global Note Legend and that has the “Schedule of Exchanges of Interests in the Global
Note” attached thereto, and that is deposited with or on behalf of and registered in the name of the Depositary, representing a series of Notes that do not bear the Private Placement Legend. 
  
 “Unrestricted Subsidiary” means any Subsidiary of the
Company, other than Capital or any successor to Capital, that is designated by the Management Committee of the Company as an Unrestricted Subsidiary pursuant to a Board Resolution, but only to the extent that such Subsidiary (i) has no Indebtedness
other than Non-Recourse Debt, (ii) is not party to any agreement, contract, arrangement or understanding with the Company or any Restricted Subsidiary of the Company unless the terms of any such agreement, contract, arrangement or understanding are
no less favorable to the Company or such Restricted Subsidiary than those that might be obtained at the time from Persons who are not Affiliates of the Company, (iii) is a Person with respect to which neither the Company nor any of its Restricted
Subsidiaries has any direct or indirect obligation (a) to subscribe for additional Equity Interests or (b) to maintain or preserve such Person’s financial condition or to cause such Person to achieve any specified levels of operating results,
(iv) has not guaranteed or otherwise provided credit support for any Indebtedness of the Company or any of its Restricted Subsidiaries and (v) has at least one director on its Board of Directors that is not a director or executive officer of the
Company or any of its Restricted Subsidiaries and has at least one executive officer that is not a director or executive officer of the Company or any of its Restricted Subsidiaries. Any designation of a Subsidiary of the Company as an Unrestricted
Subsidiary shall be evidenced to the Trustee by filing with the Trustee a certified copy of the Board Resolution giving effect to such designation and an Officers’ Certificate certifying that such designation complied with the preceding
conditions and was permitted by Section 4.07 hereof. If, at any time, any Unrestricted Subsidiary would fail to meet the preceding requirements as an Unrestricted Subsidiary, it shall thereafter cease to be an Unrestricted Subsidiary for purposes of
this Indenture and any Indebtedness of such Subsidiary shall be deemed to be incurred by a Restricted Subsidiary of the Company as of such date and, if such Indebtedness is not permitted to be incurred as of such date under Section 4.09 hereof, the
Company shall be in default of such covenant. The Management Committee of the Company may at any time designate any Unrestricted Subsidiary to be a Restricted Subsidiary; provided that such designation shall be deemed to be an incurrence of
Indebtedness by a Restricted Subsidiary of the Company of any outstanding Indebtedness of such Unrestricted Subsidiary and such designation shall only be permitted if (i) such Indebtedness is permitted under Section 4.09 hereof, calculated on a pro
forma basis as if such designation had occurred at the beginning of the four-quarter reference period; and (ii) no Default or Event of Default would be in existence following such designation. 
  
 “U.S. Person” means a U.S. person as defined in Rule 902(o)
under the Securities Act. 
  
 “Vestar” means
Vestar Capital Partners, a New York general partnership and any Affiliate thereof. 
  

 -23- 

 “Voting Equity Interests” of any Person as of any date means the Capital Stock of such
Person that is at the time, or would be if such Person were a Delaware corporation, entitled to vote in the election of the Management Committee, Board of Directors or other governing body of such Person. 
  
 “Weighted Average Life to Maturity” means, when applied to
any Indebtedness at any date, the number of years obtained by dividing (a) the sum of the products obtained by multiplying (x) the amount of each then remaining installment, sinking fund, serial maturity or other required payments of principal,
including payment at final maturity, in respect thereof, by (y) the number of years, calculated to the nearest one-twelfth, that will elapse between such date and the making of such payment, by (b) the then outstanding principal amount at maturity
of such Indebtedness. 
  
 “Wholly Owned Restricted
Subsidiary” of any specified Person means a Restricted Subsidiary of such Person all of the outstanding Capital Stock or other ownership interests of which, other than directors’ qualifying shares, shall at the time be owned by such
Person or by one or more Wholly Owned Restricted Subsidiaries of such Person and one or more Wholly Owned Restricted Subsidiaries of such Person. 
  
 Section 1.02 Other Definitions. 
  
 Other terms not defined above have the definitions ascribed to them in the corresponding section below. 
  

			
	 Term

	  	Defined in
Section

	 “Acceleration Notice”
	  	6.02
	 “Affiliate Transaction”
	  	4.11
	 “Alternate Offer”
	  	4.15
	 “Asset Sale Offer”
	  	3.09
	 “Authentication Order”
	  	2.02
	 “Change of Control Offer”
	  	4.15
	 “Change of Control Payment”
	  	4.15
	 “Change of Control Payment Date”
	  	4.15
	 “Covenant Defeasance”
	  	8.03
	 “DTC”
	  	2.03
	 “Event of Default”
	  	6.01
	 “Excess Proceeds”
	  	4.10
	 “incur”
	  	4.09
	 “Legal Defeasance”
	  	8.02
	 “Offer Amount”
	  	3.09
	 “Offer Period”
	  	3.09
	 “Paying Agent”
	  	2.03
	 “Payment Default”
	  	6.01
	 “Permitted Debt”
	  	4.09
	 “Purchase Date”
	  	3.09

  

 -24- 

			
	 Term

	  	Defined in
Section

	 “Refunding Equity Interests”
	  	4.07
	 “Registrar”
	  	2.03
	 “Restricted Payments”
	  	4.07
	 “Retired Equity Interests”
	  	4.07

  
 Section 1.03 Incorporation by
Reference of Trust Indenture Act. 
  
 Whenever this Indenture
refers to a provision of the TIA, the provision is incorporated by reference in and made a part of this Indenture. 
  
 The following TIA terms used in this Indenture have the following meanings: 
  
 “indenture securities” means the Notes and the Guarantees; 
  
 “indenture security Holder” means a Holder of a
Note; 
  
 “indenture to be qualified”
means this Indenture; 
  
 “indenture
trustee” or “institutional trustee” means the Trustee; and 
  
 “obligor” on the Notes and the Guarantees means the Issuers and the Guarantors, respectively, and any successor obligor upon the Notes and the Guarantees, respectively. 
  
 All other terms used in this Indenture that are defined by the TIA, defined
by TIA reference to another statute or defined by SEC rule under the TIA have the meanings so assigned to them. 
  
 Section 1.04 Rules of Construction. 
  
 Unless the context otherwise requires: 
  
 (a) a term has the meaning assigned to it; 
  
 (b) an accounting term not otherwise defined has the meaning assigned to it in accordance with GAAP; 
  
 (c) “or” is not exclusive; 
  
 (d) words in the singular include the plural, and in the
plural include the singular; 
  
 (e) provisions
apply to successive events and transactions; and 
  
 (f) references to sections of or rules under the Securities Act shall be deemed to include substitute, replacement of successor sections or rules adopted by the SEC from time to time. 
  

 -25- 

 ARTICLE 2 
  

THE NOTES 
  
 Section 2.01 Form and Dating. 
  
 (a) General. The Notes and the Trustee’s certificate of authentication shall be substantially as set forth in the form of Exhibit A1 or
Exhibit A2 hereto. The Notes may have notations, legends or endorsements required by law, stock exchange rule or usage. Each Note shall be dated the date of its authentication. The Notes shall be in denominations of $1,000 principal amount at
maturity and integral multiples thereof. 
  
 The terms and
provisions contained in the Notes shall constitute, and are hereby expressly made, a part of this Indenture and the Issuers, the Guarantors and the Trustee, by their execution and delivery of this Indenture, expressly agree to such terms and
provisions and to be bound thereby. However, to the extent any provision of any Note conflicts with the express provisions of this Indenture, the provisions of this Indenture shall govern and be controlling. 
  
 (b) Global Notes. Notes issued in global form shall be substantially
in the form of Exhibits A1 or A2 attached hereto, as applicable (including the Global Note Legend thereon and the “Schedule of Exchanges of Interests in the Global Note” attached thereto). Notes issued in definitive form shall be
substantially in the form of Exhibit A1 attached hereto (but without the Global Note Legend thereon and without the “Schedule of Exchanges of Interests in the Global Note” attached thereto). Each Global Note shall represent such of the
outstanding Notes as shall be specified therein and each shall provide that it shall represent the aggregate principal amount at maturity of outstanding Notes from time to time endorsed thereon and that the aggregate principal amount at maturity of
outstanding Notes represented thereby may from time to time be reduced or increased, as appropriate, to reflect exchanges and redemptions. Any endorsement of a Global Note to reflect the amount of any increase or decrease in the aggregate principal
amount at maturity of outstanding Notes represented thereby shall be made by the Trustee or the Custodian, at the direction of the Trustee, in accordance with written instructions given by the Holder thereof as required by Section 2.06 hereof.

  
 (c) Temporary Global Notes. Notes offered and sold in
reliance on Regulation S shall be issued initially in the form of the Regulation S Temporary Global Note, which shall be deposited on behalf of the purchasers of the Notes represented thereby with the Trustee, at its New York office, as Custodian
for the Depositary, and registered in the name of the Depositary or the nominee of the Depositary for the accounts of designated agents holding on behalf of Euroclear or Clearstream Bank, duly executed by the Issuers and authenticated by the Trustee
as hereinafter provided. The Restricted Period shall be terminated upon the receipt by the Trustee of (i) a written certificate from the Depositary, together with copies of certificates from Euroclear and Clearstream Bank certifying that they have
received certification of non-United States beneficial ownership of 100% of the aggregate principal amount at maturity of the Regulation S Temporary Global Note (except to the extent of any beneficial owners thereof who acquired an interest therein
during the Restricted Period pursuant to another exemption from registration under the Securities Act and who will take delivery of a beneficial ownership interest in a 144A Global Note bearing a Private Placement Legend, all as contemplated by
Section 

  

 -26- 

 
2.06(a)(ii) hereof), and (ii) an Officers’ Certificate from the Issuers. Following the termination of the Restricted Period, beneficial interests in the
Regulation S Temporary Global Note shall be exchanged for beneficial interests in Regulation S Permanent Global Notes pursuant to the Applicable Procedures. Simultaneously with the authentication of Regulation S Permanent Global Notes, the Trustee
shall cancel the Regulation S Temporary Global Note. The aggregate principal amount at maturity of the Regulation S Temporary Global Note and the Regulation S Permanent Global Notes may from time to time be increased or decreased by adjustments made
on the records of the Trustee and the Depositary or its nominee, as the case may be, in connection with transfers of interest as hereinafter provided. 
  
 (d) Euroclear and Clearstream Procedures Applicable. The provisions of the “Operating Procedures of the Euroclear System” and “Terms
and Conditions Governing Use of Euroclear” and the “General Terms and Conditions of Clearstream Bank” and “Customer Handbook” of Clearstream Bank shall be applicable to transfers of beneficial interests in the Regulation S
Temporary Global Note and the Regulation S Permanent Global Notes that are held by Participants through Euroclear or Clearstream Bank. 
  
 Section 2.02 Execution and Authentication. 
  
 One Officer shall sign the Notes for each of the Issuers by manual or facsimile signature. 
  
 If an Officer whose signature is on a Note no longer holds that office at the time a Note is authenticated, the Note shall
nevertheless be valid. 
  
 A Note shall not be valid until
authenticated by the manual signature of the Trustee. The signature shall be conclusive evidence that the Note has been authenticated under this Indenture. 
  
 The Trustee shall, upon a written order of the Issuers signed by an Officer (an “Authentication Order”), authenticate (i) Notes for
original issue on the Issue Date up to the aggregate principal amount at maturity of $207.0 million, (ii) Additional Notes for original issue subsequent to the Issue Date up to the aggregate Accreted Value at issuance of $50.0 million and (iii)
Exchange Notes when issued. The aggregate principal amount at maturity of Notes outstanding at any time may not exceed $207.0 million, except (x) for Additional Notes issued in compliance with this Indenture and (y) as provided in Section 2.07
hereof. 
  
 The Trustee may appoint an authenticating agent
acceptable to the Issuers to authenticate the Notes. An authenticating agent may authenticate the Notes whenever the Trustee may or has been directed to do so by the Issuers. Each reference in this Indenture to authentication by the Trustee includes
authentication by such agent. An authenticating agent has the same rights as an Agent to deal with Holders or an Affiliate of the Issuers. 
  
 Section 2.03 Registrar and Paying Agent. 
  
 The Issuers shall maintain an office or agency where Notes may be presented for registration of transfer or for exchange (“Registrar”)
and an office or agency where Notes may be presented for payment (“Paying Agent”). The Registrar shall keep a register of the Notes and of their transfer and exchange. The Issuers may appoint one or more co-registrars and one or
more additional paying agents. The term “Registrar” includes any co-registrar and the term “Paying 

  

 -27- 

 
Agent” includes any additional paying agent. The Issuers may change any Paying Agent or Registrar without prior notice to any Holder. The Issuers shall
notify the Trustee in writing of the name and address of any Agent not a party to this Indenture. If the Issuers fail to appoint or maintain another entity as Registrar or Paying Agent, the Trustee shall act as such. The Company or any of its
Restricted Subsidiaries may act as Paying Agent or Registrar. The Issuers initially appoint The Depository Trust Company (“DTC”) to act as Depositary with respect to the Global Notes. 
  
 The Issuers initially appoint the Trustee to act as the Registrar and Paying
Agent and to act as Custodian with respect to the Global Notes. 
  
 Section 2.04
Paying Agent to Hold Money in Trust. 
  
 The Issuers shall
require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of Accreted Value of, premium, if any, or
Liquidated Damages, if any, or interest on the Notes, and will notify the Trustee of any default by the Issuers in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the
Trustee. The Issuers at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Restricted Subsidiary) shall have no further liability for the
money. If the Company or a Restricted Subsidiary acts as Paying Agent, it shall segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings
relating to the Issuers, the Trustee shall serve as Paying Agent for the Notes. 
  
 Section 2.05 Holder Lists. 
  
 The Trustee shall
preserve in as current a form as is reasonably practicable the most recent list available to it of the names and addresses of all Holders and shall otherwise comply with TIA § 312(a). If the Trustee is not the Registrar, the Issuers shall
furnish to the Trustee at least seven Business Days before each Interest Payment Date and at such other times as the Trustee may request in writing, a list in such form and as of such date as the Trustee may reasonably require of the names and
addresses of the Holders of Notes and the Issuers shall otherwise comply with TIA § 312(a). 
  
 Section 2.06 Transfer and Exchange. 
  
 (a) Transfer and Exchange of Global Notes. A Global Note may not be transferred as a whole except by the Depositary to a nominee of the Depositary, by a nominee of the Depositary to the Depositary or to another
nominee of the Depositary, or by the Depositary or any such nominee to a successor Depositary or a nominee of such successor Depositary. All Global Notes will be exchanged by the Issuers for Definitive Notes if (i) the Issuers deliver to the Trustee
notice from the Depositary that it is unwilling or unable to continue to act as Depositary or that it is no longer a clearing agency registered under the Exchange Act and, in either case, a successor Depositary is not appointed by the Issuers within
120 days after the date of such notice from the Depositary or (ii) the Issuers in their sole discretion determines that the Global Notes (in whole 

  

 -28- 

 
but not in part) should be exchanged for Definitive Notes and delivers a written notice to such effect to the Trustee; provided that in no event shall
the Regulation S Temporary Global Note be exchanged by the Issuers for Definitive Notes prior to (x) the expiration of the Restricted Period and (y) the receipt by the Registrar of any certificates required pursuant to Rule 903(c)(3)(ii)(B) under
the Securities Act. Upon the occurrence of either of the preceding events in (i) or (ii) above, Definitive Notes shall be issued in such names as the Depositary shall instruct the Trustee. Global Notes also may be exchanged or replaced, in whole or
in part, as provided in Sections 2.07 and 2.10 hereof. Every Note authenticated and delivered in exchange for, or in lieu of, a Global Note or any portion thereof, pursuant to this Section 2.06 or Section 2.07 or 2.10 hereof, shall be authenticated
and delivered in the form of, and shall be, a Global Note. A Global Note may not be exchanged for another Note other than as provided in this Section 2.06(a), however, beneficial interests in a Global Note may be transferred and exchanged as
provided in Section 2.06(b), (c) or (f) hereof. 
  
 (b)
Transfer and Exchange of Beneficial Interests in the Global Notes. The transfer and exchange of beneficial interests in the Global Notes shall be effected through the Depositary, in accordance with the provisions of this Indenture and the
Applicable Procedures, as applicable. Beneficial interests in the Restricted Global Notes shall be subject to restrictions on transfer comparable to those set forth herein to the extent required by the Securities Act. Transfers of beneficial
interests in the Global Notes also shall require compliance with either subparagraph (i) or (ii) below, as applicable, as well as one or more of the other following subparagraphs, as applicable: 
  
 (i) Transfer of Beneficial Interests in the Same Global
Note. Beneficial interests in any Restricted Global Note may be transferred to Persons who take delivery thereof in the form of a beneficial interest in the same Restricted Global Note in accordance with the transfer restrictions set forth in
the Private Placement Legend; provided, however, that prior to the expiration of the Restricted Period, transfers of beneficial interests in the Temporary Regulation S Global Note may not be made to a U.S. Person or for the account or
benefit of a U.S. Person (other than an Initial Purchaser). Beneficial interests in any Unrestricted Global Note may be transferred to Persons who take delivery thereof in the form of a beneficial interest in an Unrestricted Global Note. No written
orders or instructions shall be required to be delivered to the Registrar to effect the transfers described in this Section 2.06(b)(i). 
  
 (ii) All Other Transfers and Exchanges of Beneficial Interests in Global Notes. In connection with all transfers and exchanges of
beneficial interests that are not subject to Section 2.06(b)(i) above, the transferor of such beneficial interest must deliver to the Registrar either (A) (1) a written order from a Participant or an Indirect Participant given to the Depositary in
accordance with the Applicable Procedures directing the Depositary to credit or cause to be credited a beneficial interest in another Global Note in an amount equal to the beneficial interest to be transferred or exchanged and (2) instructions given
in accordance with the Applicable Procedures containing information regarding the Participant account to be credited with such increase or (B) (1) a written order from a Participant or an Indirect Participant given to the Depositary in accordance
with the Applicable Procedures directing the Depositary to cause to be issued a Definitive Note in an amount equal to the beneficial interest to be transferred or exchanged and (2) instructions 

  

 -29- 

 
given by the Depositary to the Registrar containing information regarding the Person in whose name such Definitive Note shall be registered to effect the
transfer or exchange referred to in (1) above provided that in no event shall Definitive Notes be issued upon the transfer or exchange of beneficial interests in the Regulation S Temporary Global Note prior to (x) the expiration of the Restricted
Period and (y) the receipt by the Registrar of any certificates required pursuant to Rule 903 under the Securities Act. Upon consummation of an Exchange Offer by the Issuers in accordance with Section 2.06(f) hereof, the requirements of this Section
2.06(b)(ii) shall be deemed to have been satisfied upon receipt by the Registrar of the instructions contained in the Letter of Transmittal delivered by the Holder of such beneficial interests in the Restricted Global Notes. Upon satisfaction of all
of the requirements for transfer or exchange of beneficial interests in Global Notes contained in this Indenture and the Notes or otherwise applicable under the Securities Act, the Trustee shall adjust the principal amount at maturity of the
relevant Global Note(s) pursuant to Section 2.06(h) hereof. 
  
 (iii) Transfer of Beneficial Interests to Another Restricted Global Note. A beneficial interest in any Restricted Global Note may be transferred to a Person who takes delivery thereof in the form of a
beneficial interest in another Restricted Global Note if the transfer complies with the requirements of Section 2.06(b)(ii) above and the Registrar receives the following: 
  
 (A) if the transferee will take delivery in the form of a beneficial interest in the 144A Global Note, then
the transferor must deliver a certificate in the form of Exhibit B hereto, including the certifications in item (1) thereof; 
  
 (B) if the transferee will take delivery in the form of a beneficial interest in the Regulation S Temporary Global Note or the Regulation
S Global Note, then the transferor must deliver a certificate in the form of Exhibit B hereto, including the certifications in item (2) thereof. 
  
 (iv) Transfer and Exchange of Beneficial Interests in a Restricted Global Note for Beneficial Interests in the Unrestricted Global
Note. A beneficial interest in any Restricted Global Note may be exchanged by any holder thereof for a beneficial interest in an Unrestricted Global Note or transferred to a Person who takes delivery thereof in the form of a beneficial interest
in an Unrestricted Global Note if the exchange or transfer complies with the requirements of Section 2.06(b)(ii) above and: 
  
 (A) such exchange or transfer is effected pursuant to the Exchange Offer in accordance with the Registration Rights Agreement and the
holder of the beneficial interest to be transferred, in the case of an exchange, or the transferee, in the case of a transfer, certifies in the applicable Letter of Transmittal that it is not (1) a broker-dealer, (2) a Person participating in the
distribution of the Exchange Notes or (3) a Person who is an affiliate (as defined in Rule 144) of the Issuers; 
  
 (B) such transfer is effected pursuant to the Shelf Registration Statement in accordance with the Registration Rights Agreement;

  

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 (C) such transfer is effected by a Broker-Dealer pursuant to the Exchange Offer
Registration Statement in accordance with the Registration Rights Agreement; or 
  
 (D) the Registrar receives the following: 
  
 (1) if the holder of such beneficial interest in a Restricted Global Note proposes to exchange such beneficial interest for a beneficial
interest in an Unrestricted Global Note, a certificate from such holder in the form of Exhibit C hereto, including the certifications in item (1)(a) thereof; or 
  
 (2) if the holder of such beneficial interest in a Restricted Global Note proposes to transfer such
beneficial interest to a Person who shall take delivery thereof in the form of a beneficial interest in an Unrestricted Global Note, a certificate from such holder in the form of Exhibit B hereto, including the certifications in item (4) thereof;

  
 and, in each such case set forth in this subparagraph (D), if
the Registrar so requests or if the Applicable Procedures so require, an Opinion of Counsel in form reasonably acceptable to the Registrar to the effect that such exchange or transfer is in compliance with the Securities Act and that the
restrictions on transfer contained herein and in the Private Placement Legend are no longer required in order to maintain compliance with the Securities Act. 
  

If any such transfer is effected pursuant to subparagraph (B) or (D) above at a time when an Unrestricted Global Note has not yet been issued, the
Issuers shall issue and, upon receipt of an Authentication Order in accordance with Section 2.02 hereof, the Trustee shall authenticate one or more Unrestricted Global Notes in an aggregate principal amount at maturity equal to the aggregate
principal amount at maturity of beneficial interests transferred pursuant to subparagraph (B) or (D) above. 
  
 Beneficial interests in an Unrestricted Global Note cannot be exchanged for, or transferred to Persons who take delivery thereof in the form of, a
beneficial interest in a Restricted Global Note. 
  
 (c)
Transfer or Exchange of Beneficial Interests for Definitive Notes. 
  
 (i) Beneficial Interests in Restricted Global Notes to Restricted Definitive Notes. If any holder of a beneficial interest in a Restricted Global Note proposes to exchange such beneficial interest for a
Restricted Definitive Note or to transfer such beneficial interest to a Person who takes delivery thereof in the form of a Restricted Definitive Note, then, upon receipt by the Registrar of the following documentation: 
  
 (A) if the holder of such beneficial interest in a
Restricted Global Note proposes to exchange such beneficial interest for a Restricted Definitive Note, a 

  

 -31- 

 
certificate from such holder in the form of Exhibit C hereto, including the certifications in item (2)(a) thereof; 
  
 (B) if such beneficial interest is being transferred to a
QIB in accordance with Rule 144A under the Securities Act, a certificate to the effect set forth in Exhibit B hereto, including the certifications in item (1) thereof; 
  
 (C) if such beneficial interest is being transferred to a Non-U.S. Person in an offshore transaction in
accordance with Rule 903 or Rule 904 under the Securities Act, a certificate to the effect set forth in Exhibit B hereto, including the certifications in item (2) thereof; 
  
 (D) if such beneficial interest is being transferred pursuant to an exemption from the registration
requirements of the Securities Act in accordance with Rule 144 under the Securities Act, a certificate to the effect set forth in Exhibit B hereto, including the certifications in item (3)(a) thereof; 
  
 (E) if such beneficial interest is being transferred to an
Institutional Accredited Investor in reliance on an exemption from the registration requirements of the Securities Act other than those listed in subparagraphs (B) through (D) above, a certificate to the effect set forth in Exhibit B hereto,
including the certifications, certificates and Opinion of Counsel required by item (3) thereof, if applicable; 
  
 (F) if such beneficial interest is being transferred to the Issuers or any of their Subsidiaries, a certificate to the effect set forth in
Exhibit B hereto, including the certifications in item (3)(b) thereof; or 
  
 (G) if such beneficial interest is being transferred pursuant to an effective registration statement under the Securities Act, a certificate to the effect set forth in Exhibit B hereto, including the certifications in
item (3)(c) thereof, 
  
 the Trustee shall cause the aggregate
principal amount at maturity of the applicable Global Note to be reduced accordingly pursuant to Section 2.06(h) hereof, and the Issuers shall execute and the Trustee shall authenticate and deliver to the Person designated in the instructions a
Definitive Note in the appropriate principal amount at maturity. Any Definitive Note issued in exchange for a beneficial interest in a Restricted Global Note pursuant to this Section 2.06(c) shall be registered in such name or names and in such
authorized denomination or denominations as the holder of such beneficial interest shall instruct the Registrar through instructions from the Depositary and the Participant or Indirect Participant. The Trustee shall deliver such Definitive Notes to
the Persons in whose names such Notes are so registered. Any Definitive Note issued in exchange for a beneficial interest in a Restricted Global Note pursuant to this Section 2.06(c)(i) shall bear the Private Placement Legend and shall be subject to
all restrictions on transfer contained therein. 
  
 (ii) Beneficial Interests in Regulation S Temporary Global Note to Definitive Notes. Notwithstanding Sections 2.06(c)(i)(A) and (C) hereof, a beneficial interest in the Regulation S Temporary Global Note may not be exchanged for a
Definitive Note or 

  

 -32- 

 
transferred to a Person who takes delivery thereof in the form of a Definitive Note prior to (x) the expiration of the Restricted Period and (y) the receipt
by the Registrar of any certificates required pursuant to Rule 903(c)(3)(ii)(B) under the Securities Act, except in the case of a transfer pursuant to an exemption from the registration requirements of the Securities Act other than Rule 903 or Rule
904. 
  
 (iii) Beneficial Interests in
Restricted Global Notes to Unrestricted Definitive Notes. A holder of a beneficial interest in a Restricted Global Note may exchange such beneficial interest for an Unrestricted Definitive Note or may transfer such beneficial interest to a
Person who takes delivery thereof in the form of an Unrestricted Definitive Note only if: 
  
 (A) such exchange or transfer is effected pursuant to the Exchange Offer in accordance with the Registration Rights Agreement and the
holder of such beneficial interest, in the case of an exchange, or the transferee, in the case of a transfer, certifies in the applicable Letter of Transmittal that it is not (1) a broker-dealer, (2) a Person participating in the distribution of the
Exchange Notes or (3) a Person who is an affiliate (as defined in Rule 144) of the Issuers; 
  
 (B) such transfer is effected pursuant to the Shelf Registration Statement in accordance with the Registration Rights Agreement;

  
 (C) such transfer is effected by a
Broker-Dealer pursuant to the Exchange Offer Registration Statement in accordance with the Registration Rights Agreement; or 
  
 (D) the Registrar receives the following: 
  
 (1) if the Holder of such beneficial interest in a Restricted Global Note proposes to exchange such beneficial interest for a Definitive
Note that does not bear the Private Placement Legend, a certificate from such holder in the form of Exhibit C hereto, including the certifications in item (1)(b) thereof; or 
  
 (2) if the Holder of such beneficial interest in a Restricted Global Note proposes to transfer such
beneficial interest to a Person who shall take delivery thereof in the form of a Definitive Note that does not bear the Private Placement Legend, a certificate from such holder in the form of Exhibit B hereto, including the certifications in item
(4) thereof; 
  
 and, in each such case set forth in this
subparagraph (D), if the Registrar so requests or if the Applicable Procedures so require, an Opinion of Counsel in form reasonably acceptable to the Registrar to the effect that such exchange or transfer is in compliance with the Securities Act and
that the restrictions on transfer contained herein and in the Private Placement Legend are no longer required in order to maintain compliance with the Securities Act. 
  

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 (iv) Beneficial Interests in Unrestricted Global Notes to Unrestricted Definitive
Notes. If any holder of a beneficial interest in an Unrestricted Global Note proposes to exchange such beneficial interest for a Definitive Note or to transfer such beneficial interest to a Person who takes delivery thereof in the form of a
Definitive Note, then, upon satisfaction of the conditions set forth in Section 2.06(b)(ii) hereof, the Trustee shall cause the aggregate principal amount at maturity of the applicable Global Note to be reduced accordingly pursuant to Section
2.06(h) hereof, and the Issuers shall execute and the Trustee shall authenticate and deliver to the Person designated in the instructions a Definitive Note in the appropriate principal amount at maturity. Any Definitive Note issued in exchange for a
beneficial interest pursuant to this Section 2.06(c)(iv) shall be registered in such name or names and in such authorized denomination or denominations as the holder of such beneficial interest shall instruct the Registrar through instructions from
the Depositary and the Participant or Indirect Participant. The Trustee shall deliver such Definitive Notes to the Persons in whose names such Notes are so registered. Any Definitive Note issued in exchange for a beneficial interest pursuant to this
Section 2.06(c)(iv) shall not bear the Private Placement Legend. 
  
 (d) Transfer and Exchange of Definitive Notes for Beneficial Interests. 
  
 (i) Restricted Definitive Notes to Beneficial Interests in Restricted Global Notes. If any Holder of a Restricted Definitive Note
proposes to exchange such Note for a beneficial interest in a Restricted Global Note or to transfer such Restricted Definitive Note to a Person who takes delivery thereof in the form of a beneficial interest in a Restricted Global Note, then, upon
receipt by the Registrar of the following documentation: 
  
 (A) if the Holder of such Restricted Definitive Note proposes to exchange such Note for a beneficial interest in a Restricted Global Note, a certificate from such Holder in the form of Exhibit C hereto, including the
certifications in item (2)(b) thereof; 
  
 (B) if
such Restricted Definitive Note is being transferred to a QIB in accordance with Rule 144A under the Securities Act, a certificate to the effect set forth in Exhibit B hereto, including the certifications in item (1) thereof; 
  
 (C) if such Restricted Definitive Note is being transferred
to a Non-U.S. Person in an offshore transaction in accordance with Rule 903 or Rule 904 under the Securities Act, a certificate to the effect set forth in Exhibit B hereto, including the certifications in item (2) thereof; 
  
 (D) if such Restricted Definitive Note is being transferred
pursuant to an exemption from the registration requirements of the Securities Act in accordance with Rule 144 under the Securities Act, a certificate to the effect set forth in Exhibit B hereto, including the certifications in item (3)(a) thereof;

  
 (E) if such Restricted Definitive Note is
being transferred to an Institutional Accredited Investor in reliance on an exemption from the registration requirements of the Securities Act other than those listed in subparagraphs (B) 

  

 -34- 

 
through (D) above, a certificate to the effect set forth in Exhibit B hereto, including the certifications, certificates and Opinion of Counsel required by
item (3) thereof, if applicable; 
  
 (F) if such
Restricted Definitive Note is being transferred to the Issuers or any of their Subsidiaries, a certificate to the effect set forth in Exhibit B hereto, including the certifications in item (3)(b) thereof; or 
  
 (G) if such Restricted Definitive Note is being transferred
pursuant to an effective registration statement under the Securities Act, a certificate to the effect set forth in Exhibit B hereto, including the certifications in item (3)(c) thereof, 
  
 the Trustee shall cancel the Restricted Definitive Note, increase or cause to be increased the aggregate principal amount at
maturity of, in the case of clause (A) above, the appropriate Restricted Global Note, in the case of clause (B) above, the 144A Global Note, in the case of clause (C) above, the Regulation S Global Note, and in all other cases. 
  
 (ii) Restricted Definitive Notes to Beneficial Interests
in Unrestricted Global Notes. A Holder of a Restricted Definitive Note may exchange such Note for a beneficial interest in an Unrestricted Global Note or transfer such Restricted Definitive Note to a Person who takes delivery thereof in the form
of a beneficial interest in an Unrestricted Global Note only if: 
  
 (A) such exchange or transfer is effected pursuant to the Exchange Offer in accordance with the Registration Rights Agreement and the Holder, in the case of an exchange, or the transferee, in the case of a transfer,
certifies in the applicable Letter of Transmittal that it is not (1) a broker-dealer, (2) a Person participating in the distribution of the Exchange Notes or (3) a Person who is an affiliate (as defined in Rule 144) of the Issuers; 
  
 (B) such transfer is effected pursuant to the Shelf
Registration Statement in accordance with the Registration Rights Agreement; 
  
 (C) such transfer is effected by a Broker-Dealer pursuant to the Exchange Offer Registration Statement in accordance with the Registration Rights Agreement; or 
  
 (D) the Registrar receives the following: 
  
 (1) if the Holder of such Definitive Notes proposes to
exchange such Notes for a beneficial interest in the Unrestricted Global Note, a certificate from such Holder in the form of Exhibit C hereto, including the certifications in item (1)(c) thereof; or 
  
 (2) if the Holder of such Definitive Notes proposes to
transfer such Notes to a Person who shall take delivery thereof in the form of a beneficial interest in the Unrestricted Global Note, a certificate from such 

  

 -35- 

 
Holder in the form of Exhibit B hereto, including the certifications in item (4) thereof; 
  
 and, in each such case set forth in this subparagraph (D), if the Registrar so requests or if the Applicable Procedures so
require, an Opinion of Counsel in form reasonably acceptable to the Registrar to the effect that such exchange or transfer is in compliance with the Securities Act and that the restrictions on transfer contained herein and in the Private Placement
Legend are no longer required in order to maintain compliance with the Securities Act. 
  
 Upon satisfaction of the conditions of any of the subparagraphs in this Section 2.06(d)(ii), the Trustee shall cancel the Definitive Notes
and increase or cause to be increased the aggregate principal amount at maturity of the Unrestricted Global Note. 
  
 (iii) Unrestricted Definitive Notes to Beneficial Interests in Unrestricted Global Notes. A Holder of an Unrestricted Definitive
Note may exchange such Note for a beneficial interest in an Unrestricted Global Note or transfer such Definitive Notes to a Person who takes delivery thereof in the form of a beneficial interest in an Unrestricted Global Note at any time. Upon
receipt of a request for such an exchange or transfer, the Trustee shall cancel the applicable Unrestricted Definitive Note and increase or cause to be increased the aggregate principal amount at maturity of one of the Unrestricted Global Notes.

  
 If any such exchange or transfer from a Definitive Note to a
beneficial interest is effected pursuant to subparagraphs (ii)(B), (ii)(D) or (iii) above at a time when an Unrestricted Global Note has not yet been issued, the Issuers shall issue and, upon receipt of an Authentication Order in accordance with
Section 2.02 hereof, the Trustee shall authenticate one or more Unrestricted Global Notes in an aggregate principal amount at maturity equal to the principal amount at maturity of Definitive Notes so transferred. 
  
 (e) Transfer and Exchange of Definitive Notes for Definitive Notes.
Upon request by a Holder of Definitive Notes and such Holder’s compliance with the provisions of this Section 2.06(e), the Registrar shall register the transfer or exchange of Definitive Notes. Prior to such registration of transfer or
exchange, the requesting Holder shall present or surrender to the Registrar the Definitive Notes duly endorsed or accompanied by a written instruction of transfer in form satisfactory to the Registrar duly executed by such Holder or by its attorney,
duly authorized in writing. In addition, the requesting Holder shall provide any additional certifications, documents and information, as applicable, required pursuant to the following provisions of this Section 2.06(e). 
  

 -36- 

 (i) Restricted Definitive Notes to Restricted Definitive Notes. Any Restricted
Definitive Note may be transferred to and registered in the name of Persons who take delivery thereof in the form of a Restricted Definitive Note if the Registrar receives the following: 
  
 (A) if the transfer will be made pursuant to Rule 144A under the Securities Act, then the transferor must
deliver a certificate in the form of Exhibit B hereto, including the certifications in item (1) thereof; 
  
 (B) if the transfer will be made pursuant to Rule 903 or Rule 904, then the transferor must deliver a certificate in the form of Exhibit B
hereto, including the certifications in item (2) thereof; and 
  
 (C) if the transfer will be made pursuant to any other exemption from the registration requirements of the Securities Act, then the transferor must deliver a certificate in the form of Exhibit B hereto, including the
certifications, certificates and Opinion of Counsel required by item (3) thereof, if applicable. 
  
 (ii) Restricted Definitive Notes to Unrestricted Definitive Notes. Any Restricted Definitive Note may be exchanged by the Holder
thereof for an Unrestricted Definitive Note or transferred to a Person or Persons who take delivery thereof in the form of an Unrestricted Definitive Note if: 
  

(A) such exchange or transfer is effected pursuant to the Exchange Offer in accordance with the Registration Rights Agreement and the
Holder, in the case of an exchange, or the transferee, in the case of a transfer, certifies in the applicable Letter of Transmittal that it is not (1) a broker-dealer, (2) a Person participating in the distribution of the Exchange Notes or (3) a
Person who is an affiliate (as defined in Rule 144) of the Issuers; 
  
 (B) any such transfer is effected pursuant to the Shelf Registration Statement in accordance with the Registration Rights Agreement; 
  
 (C) any such transfer is effected by a Broker-Dealer pursuant to the Exchange Offer Registration Statement
in accordance with the Registration Rights Agreement; or 
  
 (D) the Registrar receives the following: 
  
 (1) if the Holder of such Restricted Definitive Notes proposes to exchange such Notes for an Unrestricted Definitive Note, a certificate from such Holder in the form of Exhibit C hereto, including the certifications
in item (1)(d) thereof; or 
  
 (2) if the Holder
of such Restricted Definitive Notes proposes to transfer such Notes to a Person who shall take delivery thereof in the form of an Unrestricted Definitive Note, a certificate from such Holder in the form of Exhibit B hereto, including the
certifications in item (4) thereof; 
  
 and, in each such case
set forth in this subparagraph (D), if the Registrar so requests, an Opinion of counsel in form reasonably acceptable to the Issuers to the effect that such exchange or transfer is in compliance with the Securities Act and 

  

 -37- 

 
that the restrictions on transfer contained herein and in the Private Placement Legend are no longer required in order to maintain compliance with the
Securities Act. 
  
 (iii) Unrestricted
Definitive Notes to Unrestricted Definitive Notes. A Holder of Unrestricted Definitive Notes may transfer such Notes to a Person who takes delivery thereof in the form of an Unrestricted Definitive Note. Upon receipt of a request to register
such a transfer, the Registrar shall register the Unrestricted Definitive Notes pursuant to the instructions from the Holder thereof. 
  
 (f) Exchange Offer. Upon the occurrence of the Exchange Offer in accordance with the Registration Rights Agreement, the Issuers shall issue and,
upon receipt of an Authentication Order in accordance with Section 2.02 hereof, the Trustee shall authenticate one or more Unrestricted Global Notes in an aggregate principal amount at maturity equal to the principal amount at maturity of the
beneficial interests in the Restricted Global Notes tendered for acceptance by Persons that certify in the applicable Letters of Transmittal that (x) they are not broker-dealers, (y) they are not participating in a distribution of the Exchange Notes
and (z) they are not affiliates (as defined in Rule 144) of the Issuers, and accepted for exchange in the Exchange Offer. Concurrently with the issuance of such Notes, the Trustee shall cause the aggregate principal amount at maturity of the
applicable Restricted Global Notes to be reduced accordingly, and the Issuers shall execute and the Trustee shall authenticate and deliver to the Persons designated by the Holders of Definitive Notes so accepted Definitive Notes in the appropriate
principal amount at maturity. 
  
 (g) Legends. The
following legends shall appear on the face of all Global Notes and Definitive Notes issued under this Indenture unless specifically stated otherwise in the applicable provisions of this Indenture. 
  
 (i) Private Placement Legend. 
  
 (A) Except as permitted by subparagraph (B) below, each
Global Note and each Definitive Note (and all Notes issued in exchange therefor or substitution thereof) shall bear the legend in substantially the following form: 
  
 “THIS SECURITY HAS NOT BEEN REGISTERED UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES
ACT”), AND, ACCORDINGLY, MAY NOT BE OFFERED OR SOLD WITHIN THE UNITED STATES OR TO, OR FOR THE ACCOUNT OR BENEFIT OF, U.S. PERSONS EXCEPT AS SET FORTH BELOW. BY ITS ACQUISITION HEREOF, THE HOLDER (1) REPRESENTS THAT (A) IT IS A “QUALIFIED
INSTITUTIONAL BUYER” (AS DEFINED IN RULE 144A UNDER THE SECURITIES ACT), (B) IT IS NOT A U.S. PERSON AND IS ACQUIRING THIS SECURITY IN AN OFFSHORE TRANSACTION IN COMPLIANCE WITH RULE 904 UNDER THE SECURITIES ACT OR (C) IT IS AN ACCREDITED
INVESTOR (AS DEFINED IN RULE 501(a)(1), (2), (3) OR (7) UNDER THE SECURITIES ACT (AN “ACCREDITED INVESTOR”), (2) AGREES THAT IT WILL NOT WITHIN TWO YEARS AFTER THE ORIGINAL ISSUANCE OF 

  

 -38- 

 
THIS SECURITY RESELL OR OTHERWISE TRANSFER THIS SECURITY EXCEPT (A) TO THE COMPANY OR ANY SUBSIDIARY THEREOF, (B) INSIDE THE UNITED STATES TO A QUALIFIED
INSTITUTIONAL BUYER IN COMPLIANCE WITH RULE 144A UNDER THE SECURITIES ACT, (C) INSIDE THE UNITED STATES TO AN ACCREDITED INVESTOR THAT, PRIOR TO SUCH TRANSFER, FURNISHES (OR HAS FURNISHED ON ITS BEHALF BY A U.S. BROKER-DEALER) TO THE TRUSTEE A
SIGNED LETTER CONTAINING CERTAIN REPRESENTATIONS AND AGREEMENTS RELATING TO THE RESTRICTIONS ON TRANSFER OF THIS SECURITY (THE FORM OF WHICH LETTER CAN BE OBTAINED FROM THE TRUSTEE FOR THIS SECURITY), (D) OUTSIDE THE UNITED STATES IN AN OFFSHORE
TRANSACTION IN COMPLIANCE WITH RULE 904 UNDER THE SECURITIES ACT (IF AVAILABLE), (E) PURSUANT TO THE EXEMPTION FROM REGISTRATION PROVIDED BY RULE 144 UNDER THE SECURITIES ACT (IF AVAILABLE), (F) IN ACCORDANCE WITH ANOTHER EXEMPTION FROM THE
REGISTRATION REQUIREMENTS OF THE SECURITIES ACT (AND BASED UPON AN OPINION OF COUNSEL IF THE COMPANY SO REQUESTS), OR (G) PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT AND (3) AGREES THAT IT WILL GIVE TO EACH PERSON TO
WHOM THIS SECURITY IS TRANSFERRED A NOTICE SUBSTANTIALLY TO THE EFFECT OF THIS LEGEND. IN CONNECTION WITH ANY TRANSFER OF THIS SECURITY WITHIN TWO YEARS AFTER THE ORIGINAL ISSUANCE OF THIS SECURITY, IF THE PROPOSED TRANSFEREE IS AN ACCREDITED
INVESTOR, THE HOLDER MUST, PRIOR TO SUCH TRANSFER, FURNISH TO THE TRUSTEE AND THE COMPANY SUCH CERTIFICATIONS, LEGAL OPINIONS OR OTHER INFORMATION AS EITHER OF THEM MAY REASONABLY REQUIRE TO CONFIRM THAT SUCH TRANSFER IS BEING MADE PURSUANT TO AN
EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT. AS USED HEREIN, THE TERMS “OFFSHORE TRANSACTION,” “UNITED STATES” AND “U.S. PERSON” HAVE THE MEANING GIVEN TO THEM
BY REGULATION S UNDER THE SECURITIES ACT.” 
  
 (B) Notwithstanding the foregoing, any Global Note or Definitive Note issued pursuant to subparagraphs (b)(iv), (c)(iii), (c)(iv), (d)(ii), (d)(iii), (e)(ii), (e)(iii) or (f) to this Section 2.06 (and all Notes issued in exchange therefor
or substitution thereof) shall not bear the Private Placement Legend. 
  
 (ii) Global Note Legend. Each Global Note shall bear a legend in substantially the following form: 
  
 “THIS GLOBAL NOTE IS HELD BY THE DEPOSITARY (AS DEFINED IN THIS INDENTURE GOVERNING THIS NOTE) OR ITS NOMINEE IN CUSTODY FOR THE BENEFIT OF THE
BENEFICIAL OWNERS HEREOF, AND IS NOT TRANSFERABLE TO ANY PERSON UNDER ANY CIRCUMSTANCES 

  

 -39- 

 
EXCEPT THAT (I) THE TRUSTEE MAY MAKE SUCH NOTATIONS HEREON AS MAY BE REQUIRED PURSUANT TO SECTION 2.07 OF THIS INDENTURE, (II) THIS GLOBAL NOTE MAY BE
EXCHANGED IN WHOLE BUT NOT IN PART PURSUANT TO SECTION 2.06(a) OF THIS INDENTURE, (III) THIS GLOBAL NOTE MAY BE DELIVERED TO THE TRUSTEE FOR CANCELLATION PURSUANT TO SECTION 2.11 OF THIS INDENTURE AND (IV) THIS GLOBAL NOTE MAY BE TRANSFERRED TO A
SUCCESSOR DEPOSITARY WITH THE PRIOR WRITTEN CONSENT OF THE ISSUERS. 
  
 UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITARY TO THE ISSUERS OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR
IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITARY (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITARY), ANY TRANSFER, PLEDGE, OR
OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.” 
  

(iii) Regulation S Temporary Global Note Legend. The Regulation S Temporary Global Note shall bear a legend in substantially the
following form: 
  
 “THE RIGHTS ATTACHING TO THIS REGULATION
S TEMPORARY GLOBAL NOTE, AND THE CONDITIONS AND PROCEDURES GOVERNING ITS EXCHANGE FOR CERTIFICATED NOTES, ARE AS SPECIFIED IN THIS INDENTURE (AS DEFINED HEREIN). NEITHER THE HOLDER NOR THE BENEFICIAL OWNERS OF THIS REGULATION S TEMPORARY GLOBAL NOTE
SHALL BE ENTITLED TO RECEIVE PAYMENT OF INTEREST HEREON.” 
  
 (h) Cancellation and/or Adjustment of Global Notes. At such time as all beneficial interests in a particular Global Note have been exchanged for Definitive Notes or a particular Global Note has been redeemed, repurchased or canceled
in whole and not in part, each such Global Note shall be returned to or retained and canceled by the Trustee in accordance with Section 2.11 hereof. At any time prior to such cancellation, if any beneficial interest in a Global Note is exchanged for
or transferred to a Person who will take delivery thereof in the form of a beneficial interest in another Global Note or for Definitive Notes, the principal amount at maturity of Notes represented by such Global Note shall be reduced accordingly and
an endorsement shall be made on such Global Note by the Trustee or by the Depositary at the direction of the Trustee to reflect such reduction; and if the beneficial interest is being exchanged for or transferred to a Person who will take delivery
thereof in the form of a beneficial interest in another Global Note, such other Global Note shall be increased accordingly and an endorsement shall be 

  

 -40- 

 
made on such Global Note by the Trustee or by the Depositary at the direction of the Trustee to reflect such increase. 
  
 (i) General Provisions Relating to Transfers and Exchanges.

  
 (i) To permit registrations of transfers and
exchanges, the Issuers shall execute and the Trustee shall authenticate Global Notes and Definitive Notes upon the Issuers’ order or at the Registrar’s request. 
  
 (ii) No service charge shall be made to a holder of a beneficial interest in a Global Note or to a Holder of
a Definitive Note for any registration of transfer or exchange, but the Issuers may require payment of a sum sufficient to cover any transfer tax or similar governmental charge payable in connection therewith (other than any such transfer taxes or
similar governmental charge payable upon exchange or transfer pursuant to Sections 2.10, 3.06, 3.09, 4.10, 4.15 and 9.05 hereof). 
  
 (iii) The Registrar shall not be required to register the transfer of or exchange any Note selected for redemption in whole or in part,
except the unredeemed portion of any Note being redeemed in part. 
  
 (iv) All Global Notes and Definitive Notes issued upon any registration of transfer or exchange of Global Notes or Definitive Notes shall be the valid obligations of the Issuers, evidencing the same debt, and entitled
to the same benefits under this Indenture, as the Global Notes or Definitive Notes surrendered upon such registration of transfer or exchange. 
  
 (v) The Issuers shall not be required (A) to issue, to register the transfer of or to exchange any Notes during a period beginning at the
opening of business 15 days before the mailing of a notice of Notes for redemption under Section 3.02 hereof and ending at the close of business on the day of such mailing, (B) to register the transfer of or to exchange any Note so selected for
redemption in whole or in part, except the unredeemed portion of any Note being redeemed in part or (C) to register the transfer of or to exchange a Note between a record date and the next succeeding Interest Payment Date. 
  
 (vi) Prior to due presentment for the registration of a
transfer of any Note, the Trustee, any Agent and the Issuers may deem and treat the Person in whose name any Note is registered as the absolute owner of such Note for the purpose of receiving payment of principal of and interest on such Notes and
for all other purposes, and none of the Trustee, any Agent or the Issuers shall be affected by notice to the contrary. 
  
 (vii) The Trustee shall authenticate Global Notes and Definitive Notes in accordance with the provisions of Section 2.02 hereof.

  
 (viii) All certifications, certificates and
Opinions of Counsel required to be submitted to the Registrar pursuant to this Section 2.06 to effect a registration of transfer or exchange may be submitted by facsimile. 
  
 (ix) 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 

  

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law with respect to any transfer of any interest in any Note (including any transfers between or among Depositary Participants or beneficial owners of
interests in any Global Note) 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, and to examine the same
to determine substantial compliance as to form with the express requirements hereof. 
  
 Section 2.07 Replacement Notes. 
  
 If any
mutilated Note is surrendered to the Trustee or the Issuers and the Trustee receives evidence to their satisfaction of the destruction, loss or theft of any Note, the Issuers shall issue and the Trustee, upon receipt of an Authentication Order,
shall authenticate a replacement Note if the Trustee’s requirements are met. An indemnity bond must be supplied by the Holder that is sufficient in the judgment of the Trustee and the Issuers to protect the Issuers, the Trustee, any Agent and
any authenticating agent from any loss that any of them may suffer if a Note is replaced. The Issuers and the Trustee may charge the Holder requesting such replacement Note for its expenses in replacing a Note. 
  
 Every replacement Note is an obligation of the Issuers as if issued in place
of such replaced Note and shall be entitled to all of the benefits of this Indenture equally and proportionately with all other Notes duly issued hereunder. 
  
 Section 2.08 Outstanding Notes. 
  
 The Notes outstanding at any time are all the Notes authenticated by the Trustee except for those canceled by it, those delivered to it for cancellation,
those reductions in the interest in a Global Note effected by the Trustee in accordance with the provisions hereof, and those described in this Section as not outstanding. Except as set forth in Section 2.09 hereof, a Note does not cease to be
outstanding because the Issuers or an Affiliate of the Issuers holds the Note unless such Note has been retired pursuant to Section 2.11 hereof; provided however, Notes held by the Issuers or a Subsidiary of the Issuers shall not be deemed to
be outstanding for purposes of Section 3.07(b) hereof. 
  
 If a
Note is replaced pursuant to Section 2.07 hereof, it ceases to be outstanding unless the Trustee receives proof satisfactory to it that the replaced Note is held by a bona fide purchaser. 
  
 If the Accreted Value of any Note is considered paid under Section 4.01 hereof, it shall cease to be outstanding and
principal shall cease to accrete and interest on it shall cease to accrue. 
  
 If the Paying Agent (other than the Company, a Restricted Subsidiary or an Affiliate of any thereof) holds, on a redemption date or maturity date, money sufficient to pay Notes payable on that date, then on and after
that date such Notes shall be deemed to be no longer outstanding and shall cease to accrete principal and to accrue interest. 
  

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 Section 2.09 Treasury Notes. 
  
 In determining whether the Holders of the required principal amount at maturity of Notes have concurred in any direction,
waiver or consent hereunder, Notes owned by the Issuers, or by any Person directly or indirectly controlling or controlled by or under direct or indirect common control with the Issuers, shall be considered as though not outstanding, except that for
the purposes of determining whether the Trustee shall be protected in conclusively relying on any such direction, waiver or consent, only Notes that a Responsible Officer of the Trustee actually knows are so owned shall be so disregarded.

  
 Section 2.10 Temporary Notes. 
  
 Until certificates representing Notes are ready for delivery, the Issuers
may prepare and the Trustee, upon receipt of an Authentication Order, shall authenticate temporary Notes. Temporary Notes shall be substantially in the form of certificated Notes but may have variations that the Issuers considers appropriate for
temporary Notes and as shall be reasonably acceptable to the Trustee. Without unreasonable delay, the Issuers shall prepare and the Trustee shall authenticate definitive Notes in exchange for temporary Notes. 
  
 Holders of temporary Notes shall be entitled to all of the benefits of this
Indenture. 
  
 Section 2.11 Cancellation. 
  
 The Issuers at any time may deliver Notes to the Trustee for cancellation.
The Registrar and Paying Agent shall forward to the Trustee any Notes surrendered to them for registration of transfer, exchange or payment. The Trustee and no one else shall cancel all Notes surrendered for registration of transfer, exchange,
payment, replacement or cancellation and shall dispose of the Notes in accordance with its customary procedures (subject to the record retention requirement of the Exchange Act). The Issuers may not issue new Notes to replace Notes that it has paid
or that have been delivered to the Trustee for cancellation. 
  
 Section 2.12
Defaulted Interest. 
  
 If the Issuers default in a
payment of interest on the Notes, they shall pay the defaulted interest in any lawful manner plus, to the extent lawful, interest payable on the defaulted interest, to the Persons who are Holders on a subsequent special record date, in each case at
the rate provided in the Notes and in Section 4.01 hereof. The Issuers shall promptly notify the Trustee in writing of the amount of defaulted interest proposed to be paid on each Note and the date of the proposed payment. The Issuers shall fix or
cause to be fixed each such special record date and payment date, provided that no such special record date shall be less than 10 days prior to the related payment date for such defaulted interest. At least 15 days before the special record date,
the Issuers (or, upon the written request of the Issuers, the Trustee in the name and at the expense of the Issuers) shall mail or cause to be mailed to Holders a notice that states the special record date, the related payment date and the amount of
such interest to be paid. 
  

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 Section 2.13 CUSIP Numbers. 
  
 The Company in issuing the Notes may use “CUSIP” numbers (if then generally in use), and, if so, the Trustee shall
use “CUSIP” 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 Notes or as contained in
any notice of a redemption and that reliance may be placed only on the other identification numbers printed on the Notes, and any such redemption shall not be affected by any defect in or omission of such numbers. The Company will promptly notify
the Trustee in writing of any change in the “CUSIP” numbers. 
  
 In the event that the Issuers shall issue and the Trustee shall authenticate any Additional Notes pursuant to this Indenture, the Issuers shall use their best efforts to obtain the same CUSIP number for such Additional Notes as is printed
on the Notes outstanding at such time; provided, however, that if any series of Additional Notes is determined, pursuant to an Opinion of Counsel, to be a different class of security than the Notes outstanding at such time for federal
income tax purposes, the Issuers may obtain a CUSIP number for such series of Additional Notes that is different from the CUSIP number printed on the Notes then outstanding. 
  
 ARTICLE 3 
  
 REDEMPTION AND PREPAYMENT 
  
 Section 3.01 Notices to Trustee. 
  
 If the Issuers elect to redeem Notes pursuant to the optional redemption provisions of Section 3.07 hereof, it shall furnish to the Trustee, not less than
45 days but not more than 90 days before a redemption date, an Officers’ Certificate setting forth (i) the clause of this Indenture pursuant to which the redemption shall occur, (ii) the redemption date, (iii) the principal amount at maturity
of Notes to be redeemed and (iv) the redemption price (based on Accreted Value). 
  
 Section 3.02 Selection of Notes to Be Redeemed. 
  
 If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, the Trustee shall select the Notes to be redeemed or purchased among the Holders of the Notes in compliance with the requirements of the
principal national securities exchange, if any, on which the Notes are listed or, if the Notes are not so listed, on a pro rata basis, by lot or in accordance with any other method the Trustee considers fair and appropriate provided, that if
less than all of the Notes are redeemed or purchased pursuant to Section 3.07 hereof, then the Trustee shall select the Notes to be redeemed or purchased among the Holders of the Notes on a pro rata basis or on as nearly a pro rata basis as is
practicable subject to DTC procedures. In the event of partial redemption by lot, the particular Notes to be redeemed shall be selected, unless otherwise provided herein, not less than 30 nor more than 90 days prior to the redemption date by the
Trustee from the outstanding Notes not previously called for redemption. 
  
 The Trustee shall promptly notify the Issuers in writing of the Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount at maturity 

  

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thereof to be redeemed. Notes and portions of Notes selected shall be in amounts of $1,000 or whole multiples of $1,000; except that if all of the Notes of a
Holder are to be redeemed, the entire outstanding amount of Notes held by such Holder, even if not a multiple of $1,000, shall be redeemed. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for
redemption also apply to portions of Notes called for redemption. 
  
 Section 3.03
Notice of Redemption. 
  
 Subject to the provisions of
Section 3.09 hereof, at least 30 days but not more than 60 days before a redemption date, the Issuers shall mail or cause to be mailed, by first class mail, a notice of redemption to each Holder whose Notes are to be redeemed at its registered
address The notice shall identify the Notes (including CUSIP numbers) to be redeemed and shall state: 
  
 (a) the redemption date; 
  
 (b) the redemption price; 
  
 (c) if any Note is being redeemed in part, the portion of the Accreted Value of such Note to be redeemed and that, after the redemption
date upon surrender of such Note, a new Note or Notes in Accreted Value equal to the unredeemed portion shall be issued upon cancellation of the original Note; provided, that each such new Note shall be denominated in a principal amount at
maturity of $1,000 or an integral multiple thereof; 
  
 (d) the name and address of the Paying Agent; 
  
 (e) that Notes called for redemption must be surrendered to the Paying Agent to collect the redemption price; 
  
 (f) that, unless the Issuers default in making such redemption payment, principal shall cease to accrete and interest on Notes called for
redemption shall cease to accrue on and after the redemption date; 
  
 (g) the paragraph of the Notes and/or Section of this Indenture pursuant to which the Notes called for redemption being redeemed; and 
  
 (h) that no representation is made as to the correctness or accuracy of the CUSIP number, if any, listed in
such notice or printed on the Notes. 
  
 At the Issuers’
request, the Trustee shall give the notice of redemption in the Issuers’ name and at its expense; provided, however, that the Issuers shall have delivered to the Trustee, at least 45 days prior to the redemption date, an
Officers’ Certificate requesting that the Trustee give such notice and setting forth the information to be stated in such notice as provided in the preceding paragraph. 
  

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 Section 3.04 Effect of Notice of Redemption. 
  
 Once notice of redemption is mailed in accordance with Section 3.03 hereof, Notes called for redemption become irrevocably
due and payable on the redemption date at the redemption price. A notice of redemption may not be conditional. 
  
 Section 3.05 Deposit of Redemption Price. 
  
 One Business Day prior to the redemption date, the Issuers shall deposit with the Trustee or with the Paying Agent money sufficient to pay the redemption price of and accrued interest on all Notes to be redeemed on
that date. The Trustee or the Paying Agent shall promptly return to the Issuers any money deposited with the Trustee or the Paying Agent by the Issuers in excess of the amounts necessary to pay the redemption price of, and accrued interest on, all
Notes to be redeemed. 
  
 If the Issuers comply with the
provisions of the preceding paragraph, on and after the redemption date, principal shall cease to accrete and interest shall cease to accrue on the Notes or the portions of Notes called for redemption. If a Note is redeemed on or after an interest
record date but on or prior to the related interest payment date, then any accrued and unpaid interest shall be paid to the Person in whose name such Note was registered at the close of business on such record date. If any Note called for redemption
shall not be so paid upon surrender for redemption because of the failure of the Issuers to comply with the preceding paragraph, interest shall be paid on the unpaid principal, from the redemption date until such principal is paid, and to the extent
lawful on any interest not paid on such unpaid principal, in each case at the rate provided in the Notes and in Section 4.01 hereof. 
  
 Section 3.06 Notes Redeemed in Part. 
  
 Upon surrender and cancellation of a Note that is redeemed in part, the Issuers shall issue and, upon the Issuers’ written request, the Trustee shall
authenticate for the Holder at the expense of the Issuers a new Note equal in Accreted Value to the unredeemed portion of the Note surrendered; provided, that each such new Note shall be denominated in a principal amount at maturity of $1,000
or an integral multiple thereof. 
  
 Section 3.07 Optional Redemption.

  
 (a) Except as set forth in clause (b) of this Section 3.07,
the Issuers shall not have the option to redeem the Notes pursuant to this Section 3.07 prior to June 15, 2007. On or after June 15, 2007, the Issuers may redeem all or part of the Notes upon not less than 30 nor more than 90 days’ notice, at
the redemption prices (expressed as percentages of Accreted Value) set forth below plus accrued and unpaid cash interest, if any, and Liquidated Damages, if any, thereon, to the applicable redemption date, if redeemed during the periods indicated
below: 
  

				
	 Year

	  	Percentage

	 
	 From June 15, 2007 through June 14, 2008
	  	105.375	%
	 From June 15, 2008 through November 14, 2008
	  	102.688	%
	 November 15, 2008 and thereafter
	  	100.0000	%

  

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 (b) Notwithstanding the provisions of clause (a) of this Section 3.07, at any time prior to June 15,
2007, the Issuers may on any one or more occasions redeem up to 35% of the total principal amount at maturity of Notes issued under this Indenture at a redemption price of 110.750% of the Accreted Value thereof, plus accrued and unpaid cash
interest, if any, and Liquidated Damages, if any, to the redemption date, with the net cash proceeds of one or more Equity Offerings of the Company (or of Holdings to the extent such proceeds are contributed to the Company); provided that (i)
at least 65% of the aggregate principal amount at maturity of Notes issued under this Indenture remains outstanding immediately after the occurrence of such redemption (excluding Notes held by the Company and its Subsidiaries) and (ii) the
redemption occurs within 90 days of the date of the closing of such Equity Offering. 
  
 (c) Any redemption pursuant to this Section 3.07 shall be made pursuant to the provisions of Section 3.01 through 3.06 hereof. 
  

Section 3.08 Mandatory Redemption. 
  
 The Issuers shall not be required to make mandatory redemption or sinking fund payments with respect to the Notes. 
  
 Section 3.09 Offer to Purchase by Application of Excess Proceeds. 
  
 In the event that, pursuant to Section 4.10 hereof, the Issuers shall be
required to commence an offer to all Holders to purchase Notes (an “Asset Sale Offer”), it shall follow the procedures specified below. 
  
 The Asset Sale Offer shall remain open for a period of 20 Business Days following its commencement and no longer, except to the extent that a longer
period is required by applicable law (the “Offer Period”). No later than five Business Days after the termination of the Offer Period (the “Purchase Date”), the Issuers shall purchase the Accreted Value of Notes
required to be purchased pursuant to Section 4.10 hereof (the “Offer Amount”) or, if less than the Offer Amount has been tendered, all Notes tendered in response to the Asset Sale Offer. Payment for any Notes so purchased shall be
made in the same manner as interest payments are made. 
  
 If the
Purchase Date is on or after an interest record date and on or before the related interest payment date, any accrued and unpaid interest shall be paid to the Person in whose name a Note is registered at the close of business on such record date, and
no additional interest shall be payable to Holders who tender Notes pursuant to the Asset Sale Offer. 
  
 Upon the commencement of an Asset Sale Offer, the Issuers shall send, by first class mail, a notice to the Trustee and each of the Holders, with a copy to
the Trustee. The notice shall contain all instructions and materials necessary to enable such Holders to tender Notes pursuant to the Asset Sale Offer. The Asset Sale Offer shall be made to all Holders. The notice, which shall govern the terms of
the Asset Sale Offer, shall state: 
  
 (a) that
the Asset Sale Offer is being made pursuant to this Section 3.09 and Section 4.10 hereof and the length of time the Asset Sale Offer shall remain open; 
  
 (b) the Offer Amount, the purchase price and the Purchase Date; 
  

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 (c) that any Note not tendered or accepted for payment shall continue to accrue interest;

  
 (d) that, unless the Issuers default in
making such payment, any Note accepted for payment pursuant to the Asset Sale Offer shall cease to accrete principal and accrue interest after the Purchase Date; 
  
 (e) that Holders electing to have a Note purchased pursuant to an Asset Sale Offer may elect to have Notes
purchased in integral multiples of $1,000 principal amount at maturity only; 
  
 (f) that Holders electing to have a Note purchased pursuant to any Asset Sale Offer shall be required to surrender the Note, with the form entitled “Option of Holder to Elect Purchase” on the reverse of the
Note completed, or transfer by book-entry transfer, to the Issuers, a depositary, if appointed by the Issuers, or a Paying Agent at the address specified in the notice at least three Business Days before the Purchase Date; 
  
 (g) that Holders shall be entitled to withdraw their
election if the Issuers, the depositary or the Paying Agent, as the case may be, receives, not later than the expiration of the Offer Period, a facsimile transmission or letter setting forth the name of the Holder, the principal amount at maturity
of the Note the Holder delivered for purchase and a statement that such Holder is withdrawing his election to have such Note purchased; 
  
 (h) that, if the aggregate Accreted Value of Notes surrendered by Holders exceeds the Offer Amount, the Trustee shall select the Notes to
be purchased on a pro rata basis based on the Accreted Value of the Notes tendered (with such adjustments as may be deemed appropriate by the Issuers so that only Notes in denominations of $1,000 principal amount at maturity, or integral
multiples thereof, shall be purchased); and 
  
 (i) that Holders whose Notes were purchased only in part shall be issued new Notes equal in principal amount at maturity to the unpurchased portion of the Notes surrendered (or transferred by book-entry transfer). 
  
 On or before the Purchase Date, the Issuers shall, to the extent lawful,
accept for payment, on a pro rata basis to the extent necessary, the Offer Amount of Notes or portions thereof tendered pursuant to the Asset Sale Offer, or if less than the Offer Amount has been tendered, all Notes tendered, and shall deliver to
the Trustee an Officers’ Certificate stating that such Notes or portions thereof were accepted for payment by the Issuers in accordance with the terms of this Section 3.09. The Issuers, the Depositary or the Paying Agent, as the case may be,
shall promptly (but in any case not later than five Business Days after the Purchase Date) mail or deliver to each tendering Holder an amount equal to the purchase price of the Notes tendered by such Holder and accepted by the Issuers for purchase,
and the Issuers shall promptly issue a new Note, and the Trustee, upon written request from the Issuers shall authenticate and mail or deliver such new Note to such Holder, in Accreted Value equal to any unpurchased portion of the Note surrendered.
Any Note not so accepted shall be promptly mailed or delivered by the Issuers to the Holder thereof. The Issuers shall publicly announce the results of the Asset Sale Offer on the Purchase Date. 
  

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 Other than as specifically provided in this Section 3.09, any purchase pursuant to this Section 3.09
shall be made pursuant to the provisions of Sections 3.01 through 3.06 hereof. 
  
 ARTICLE 4 
  
 COVENANTS

  
 Section 4.01 Payments on Notes. 
  
 The Issuers shall duly and punctually pay or cause to be paid the principal
of, premium, if any, and interest on the Notes on the dates and in the manner provided in the Notes. Principal, premium, if any, and interest shall be considered paid on the date due if the Paying Agent, if other than the Company or a Restricted
Subsidiary thereof, holds as of 10:00 a.m. Eastern Time on the due date money deposited by the Issuers in immediately available funds and designated for and sufficient to pay all principal, premium, if any, and interest then due. The Issuers shall
pay all Liquidated Damages, if any, in the same manner on the dates and in the amounts set forth in the Registration Rights Agreement. 
  
 The Issuers shall pay interest (including post-petition interest in any proceeding under any Bankruptcy Law) on overdue principal at the rate equal to the
then applicable interest rate on the Notes to the extent lawful; they shall pay interest (including post-petition interest in any proceeding under any Bankruptcy Law) on overdue installments of interest and Liquidated Damages, if any, (without
regard to any applicable grace period) at the same rate to the extent lawful. 
  
 Section 4.02 Maintenance of Office or Agency. 
  
 The Issuers shall maintain in the Borough of Manhattan, the City of New York, an office or agency (which may be an office of the Trustee or an affiliate of the Trustee, Registrar or co-registrar) where Notes may be surrendered for
registration of transfer or for exchange and where notices and demands to or upon the Issuers in respect of the Notes and this Indenture may be served. The Issuers shall give prompt written notice to the Trustee of the location, and any change in
the location, of such office or agency. If at any time the Issuers shall fail to maintain any such required office or agency or shall fail to furnish the Trustee with the address thereof, such presentations, surrenders, notices and demands may be
made or served at the Corporate Trust Office of the Trustee. 
  
 The Issuers may also from time to time designate one or more other offices or agencies where the Notes 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 Issuers of their obligation to maintain an office or agency in the Borough of Manhattan, the City of New York for such purposes. The Issuers shall give prompt written notice to the
Trustee of any such designation or rescission and of any change in the location of any such other office or agency. 
  
 The Issuers hereby designates the Corporate Trust Office of the Trustee as one such office or agency of the Issuers in accordance with Section 2.03
hereof. 
  

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 Section 4.03 Reports. 
  
 (a) Whether or not required by the SEC, so long as any Notes are outstanding, the Issuers shall furnish to the Holders of Notes, within the time periods
specified in the SEC’s rules and regulations, (i) all quarterly and annual financial information that would be required to be contained in a filing with the SEC on Forms 10-Q and 10-K if the Company were required to file such forms, including a
“Management’s Discussion and Analysis of Financial Condition and Results of Operations” and, with respect to the annual information only, a report on the annual financial statements by the Company’s certified independent
accountants and (ii) all current reports that would be required to be filed with the SEC on Form 8-K if the Company were required to file such reports. In addition, following consummation of the Exchange Offer contemplated by the Registration Rights
Agreement, whether or not required by the SEC, the Issuers shall file a copy of all such information and reports referred to in clauses (i) and (ii) above with the SEC for public availability within the time periods specified in the SEC’s rules
and regulations (unless the SEC will not accept such a filing) and make such information available to securities analysts and prospective investors upon request. In addition, the Issuers and the Guarantors have agreed that, for so long as any Notes
(but not Exchange Notes) remain outstanding, they shall furnish to the Holders and to securities analysts and prospective investors, upon their request, the information required to be delivered pursuant to Rule 144A(d)(4) under the Securities Act.

  
 (b) If the Company has designated any of its Subsidiaries as
Unrestricted Subsidiaries, then the quarterly and annual financial information required by the preceding paragraph shall include a reasonably detailed presentation, either on the face of the financial statements or in the footnotes thereto, and in
Management’s Discussion and Analysis of Financial Condition and Results of Operations, of the financial condition and results of operations of the Company and its Restricted Subsidiaries separate from the financial condition and results of
operations of the Unrestricted Subsidiaries of the Company. 
  
 (c) Delivery of such reports, information and documents to the Trustee is for informational purposes only and the Trustee’s receipt of such shall not constitute constructive notice of any information contained therein or determinable
from information contained therein, including the Issuers’ compliance with any of its covenants hereunder (as to which the Trustee is entitled to rely exclusively on Officers’ Certificates). 
  
 Section 4.04 Compliance Certificate. 
  
 (a) The Issuers and each Guarantor (to the extent that such Guarantor is so
required under the TIA), shall deliver to the Trustee, within 90 days after the end of each fiscal year, an Officers’ Certificate stating that a review of the activities of the Issuers and its Subsidiaries during the preceding fiscal year has
been made under the supervision of the signing Officers with a view to determining whether the Issuers have kept, observed, performed and fulfilled its obligations under this Indenture, and further stating, as to each such Officer signing such
certificate, that to the best of his or her knowledge the Issuers have kept, observed, performed and fulfilled each and every covenant contained in this Indenture and are not in default in the performance or observance of any of the terms,
provisions and conditions of this Indenture (or, if a Default or Event of Default shall have occurred, describing all such Defaults or Events of Default of which he or she may have knowledge and what action the Issuers are taking or propose to take
with respect 

  

 -50- 

 
thereto) and that to the best of his or her knowledge no event has occurred and remains in existence by reason of which payments on account of the principal
of or interest, if any, on the Notes is prohibited or if such event has occurred, a description of the event and what action the Issuers are taking or propose to take with respect thereto. 
  
 (b) The Issuers shall, so long as any of the Notes are outstanding, deliver
to the Trustee,, as soon as possible, and in any event within five days forthwith upon any Officer becoming aware of any Default or Event of Default, an Officers’ Certificate specifying such Default or Event of Default and what action the
Issuers are taking or propose to take with respect thereto. 
  
 Section 4.05
Taxes. 
  
 The Issuers shall pay, and shall cause each of
their Subsidiaries to pay, prior to delinquency, all material taxes, assessments, and governmental levies except such as are contested in good faith and by appropriate proceedings or where the failure to effect such payment is not adverse in any
material respect to the Holders of the Notes. 
  
 Section 4.06 Stay, Extension
and Usury Laws. 
  
 The Issuers and each of the Guarantors
covenants (to the extent permitted by applicable law) that it shall not at any time insist upon, plead, or in any manner whatsoever claim or take the benefit or advantage of, any stay, extension or usury law wherever enacted, now or at any time
hereafter in force, that may affect the covenants or the performance of this Indenture; and each of the Issuers and each of the Guarantors (to the extent permitted by applicable law) hereby expressly waives all benefit or advantage of any such law,
and covenants that it shall not, by resort to any such law, hinder, delay or impede the execution of any power herein granted to the Trustee, but shall suffer and permit the execution of every such power as though no such law has been enacted.

  
 Section 4.07 Restricted Payments. 
  
 The Company shall not, and shall not permit any of its Restricted
Subsidiaries to, directly or indirectly, (i) declare or pay any dividend or make any other payment or distribution on account of the Company’s or any of its Restricted Subsidiaries’ Equity Interests (including, without limitation, any
payment in connection with any merger or consolidation involving the Company or any of its Restricted Subsidiaries) or to the direct or indirect holders of the Company’s or any of its Restricted Subsidiaries’ Equity Interests in their
capacity as such (other than dividends or distributions payable in Equity Interests (other than Disqualified Stock) of the Company or to the Company or a Restricted Subsidiary of the Company); (ii) purchase, redeem or otherwise acquire or retire for
value (including, without limitation, in connection with any merger or consolidation involving the Company) any Equity Interests of the Company or any direct or indirect parent of the Company; (iii) make any payment on or with respect to, or
purchase, redeem, defease or otherwise acquire or retire for value, in each case, prior to its scheduled maturity date or due date, any Indebtedness that is a Subordinated Obligation, except (a) a mandatory sinking fund payment or a payment of
interest (other than scheduled interest payments) or principal that is paid within one year prior to the Stated Maturity of such Subordinated Obligation or (b) Indebtedness permitted under clause (vi) of the second paragraph of Section 4.09 hereof
or (iv) make any Restricted 

  

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Investment (all such payments and other actions set forth in clauses (i) through (iv) above being collectively referred to as “Restricted
Payments”), unless, at the time of and after giving effect to such Restricted Payment: 
  
 (a) no Default or Event of Default shall have occurred and be continuing or would occur as a consequence thereof; and 
  
 (b) the Company would, at the time of such Restricted
Payment and after giving pro forma effect thereto as if such Restricted Payment had been made at the beginning of the applicable four-quarter period, have been permitted to incur at least $1.00 of additional Indebtedness pursuant to the Fixed Charge
Coverage Ratio test set forth in the first paragraph of Section 4.09 hereof; and 
  
 (c) such Restricted Payment, together with the aggregate amount of all other Restricted Payments made by the Company and its Restricted
Subsidiaries after the date of this Indenture (excluding Restricted Payments permitted by clauses (ii), (iii), (iv), (vi), (vii), (viii), (xi), (xiv) and (xv) of the next succeeding paragraph) is less than the sum, without duplication, of (i) 50% of
the Consolidated Net Income of the Company for the period (taken as one accounting period) from the Issue Date to the end of the Company’s most recently ended fiscal quarter for which internal financial statements are available at the time of
such Restricted Payment (or, if such Consolidated Net Income for such period is a deficit, less 100% of such deficit), plus (ii) 100% of the aggregate net proceeds, including cash and the fair market value of property other than cash, received by
the Company after the date of this Indenture as a contribution to its common equity capital or from the issue or sale of Equity Interests of the Company (other than Disqualified Stock) or from the issue or sale of convertible or exchangeable
Disqualified Stock or convertible or exchangeable debt securities of the Company that have been converted into or exchanged for such Equity Interests (other than Equity Interests (or Disqualified Stock or debt securities) sold to a Subsidiary of the
Company), plus (iii) to the extent that any Restricted Investment that was made after the date of this Indenture is sold or otherwise liquidated or repaid, the aggregate amount received in cash and the fair market value of property other than cash
received with respect to such Restricted Investment, plus (iv) in case any Unrestricted Subsidiary has been redesignated a Restricted Subsidiary or has been merged, consolidated or amalgamated with or into, transfers or conveys assets to, or is
liquidated into, the Company or any of its Restricted Subsidiaries, the fair market value of such Investment in such Unrestricted Subsidiary at the time of such redesignation, combination or transfer (or of the assets transferred or conveyed, as
applicable), after deducting any Indebtedness associated with the Unrestricted Subsidiary so designated or combined or with the assets so transferred or conveyed. 
  
 The foregoing provisions shall not prohibit (i) the payment of any dividend within 60 days after the date of declaration
thereof, if at said date of declaration such payment would have complied with the provisions of this Indenture, (ii) the redemption, repurchase, retirement, defeasance or other acquisition of any Subordinated Obligations of the Company or any
Restricted Subsidiary or of any Equity Interests (the “Retired Equity Interests”) of the Company in exchange for, or out of the net cash proceeds of the substantially concurrent sale (other than to a Restricted Subsidiary of the
Company) of, Equity Interests (other than Disqualified Stock) of the 

  

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Company (the “Refunding Equity Interests”), provided that the amount of any such net cash proceeds that are utilized for any such
redemption, repurchase, retirement, defeasance or other acquisition shall be excluded from clause (c)(ii) of the preceding paragraph, (iii) the declaration and payment of dividends on the Retired Equity Interests out of the proceeds of the
substantially concurrent sale (other than to a Restricted Subsidiary) of Refunding Equity Interests, provided that the amount of any such proceeds that are utilized for any such dividends shall be excluded from clause (c)(ii) of the preceding
paragraph, (iv) the defeasance, redemption, repurchase or other acquisition of Subordinated Obligations of the Company or any Restricted Subsidiary with the net cash proceeds from an incurrence of Permitted Refinancing Indebtedness, (v) the payment
of any dividend by a Restricted Subsidiary of the Company to the holders of its Equity Interests on a pro rata basis, (vi) the repurchase, redemption or other acquisition or retirement for value of any Equity Interests of the Company or any
Restricted Subsidiary of the Company or any direct or indirect parent of the Company held by any future, present or former member of the Company’s (or any of its Restricted Subsidiaries’) management or any director, employee or consultant
of the Company or any of its Restricted Subsidiaries pursuant to any management equity subscription agreement or stock option agreement or by any employee upon retirement of such employee, provided that the aggregate price paid for all such
repurchased, redeemed, acquired or retired Equity Interests shall not exceed in any calendar year $5.0 million (with unused amounts in any calendar year being carried over to succeeding calendar years subject to a maximum (without giving effect to
the following proviso) of $10.0 million in any calendar year), provided further that such amount in any calendar year may be increased by any amount not to exceed (y) the cash proceeds from the sale of Equity Interests of the Company
(or of Holdings that are contributed to the Company) to members of management, directors or consultants of the Company and its Subsidiaries or the Principals and/or any of the other shareholders of Holdings as of the Issue Date that occurs after the
date of this Indenture (provided that such proceeds have not been included for the purpose of determining whether a previous Restricted Payment was permitted pursuant to the preceding paragraph) plus (z) the cash proceeds of key man life insurance
policies received by the Company and its Restricted Subsidiaries after the date of this Indenture, (vii) so long as the Company is a limited liability company treated as a partnership or an entity disregarded as separate from its owner for federal
and state income tax purposes (and prior to any distribution of any Tax Amount, the Company delivers an Officers’ Certificate to such effect), distributions to members of the Company in an amount not to exceed the Tax Amount with respect to the
Company for such period, (viii) the making of distributions, loans or advances to Holdings in order to permit Holdings to pay the ordinary operating expenses of Holdings (including, without limitation, directors’ fees, indemnification
obligations, professional fees and expenses), (ix) the declaration and payment of dividends or distributions to holders of any class or series of Disqualified Stock of the Company or any of its Restricted Subsidiaries issued or incurred in
accordance with Section 4.09 hereof, (x) the declaration and payment of dividends or distributions to holders of any class or series of Designated Preferred Stock, provided that for the most recently ended four full fiscal quarters for which
internal financial statements are available preceding the date of declaration of any such dividend or distribution, after giving effect to such dividend or distribution as a Fixed Charge on a pro forma basis, the Company and its Restricted
Subsidiaries would have had a Fixed Charge Coverage Ratio of at least 2.0 to 1.0, (xi) the repurchase of (or a dividend or distribution to fund the repurchase of) Equity Interests of the Company or any direct or indirect parent of the Company deemed
to occur upon exercise of stock options if such Equity Interests represent a portion of the exercise price of such options, (xii) so long as 

  

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no Default (except for any Default set forth in Section 6.01(c) or (g) hereof) has occurred and is continuing or would be caused thereby, the payment of
dividends on the Company’s common Equity Interests (or the payment to Holdings to fund the payment by Holdings of dividends on Holdings’ common Equity Interests) following the first public offering of common Equity Interests of the Company
or Holdings, as the case may be, after the date of this Indenture, of up to 6% per annum of the net proceeds received by the Company or contributed to the Company by Holdings, as the case may be, in such public offering, (xiii) the repurchase,
retirement or other acquisition for value (or dividend or distribution to fund the repurchase, retirement or other acquisition) of Equity Interests of the Company or any direct or indirect parent of the Company in existence on the date of this
Indenture and that are not held by the Principals or any of their Related Parties on the date of this Indenture (including any Equity Interests issued in respect of such Equity Interests as a result of a stock split, recapitalization, merger,
combination, consolidation or otherwise, but excluding any management equity plan or stock option plan or similar agreement), provided that (a) the aggregate amounts paid under this clause (xiii) shall not exceed $20.0 million at any time after the
Issue Date and (b) with respect to amounts paid under this clause (xiii) in an aggregate amount in excess of $7.5 million since the Issue Date, after giving effect thereto, the Company would be permitted to incur at least $1.00 of additional
Indebtedness pursuant to the Fixed Charge Coverage Ratio test set forth in the first paragraph of Section 4.09 hereof, (xiv) Investments that are made with Excluded Contributions and (xv) so long as no Default (except for any Default set forth
Section 6.01(c) or (g) hereof) has occurred and is continuing or would be caused thereby, other Restricted Payments in an aggregate principal amount at maturity not to exceed $7.5 million. 
  
 The amount of all Restricted Payments (other than cash) shall be the fair
market value on the date of the Restricted Payment of the asset(s) or securities proposed to be transferred or issued to or by the Company or such Restricted Subsidiary, as the case may be, pursuant to the Restricted Payment. The fair market value
of any assets or securities that are required to be valued by this Section 4.07 shall be determined by the Management Committee whose resolution with respect thereto shall be delivered to the Trustee. The Management Committee determination must be
based upon an opinion or appraisal issued by an accounting, appraisal or investment banking firm of national standing if the fair market value exceeds $5.0 million. Not later than the date of making any Restricted Payment, the Issuers shall deliver
to the Trustee an Officers’ Certificate stating that such Restricted Payment is permitted and setting forth the basis upon which the calculations required by this Section 4.07 were computed, together with a copy of any fairness opinion or
appraisal required by this Indenture. 
  
 Accrual of interest,
accretion or amortization of original issue discount, the payment of interest on any Indebtedness in the form of additional Indebtedness with the same terms and the payment of dividends on Disqualified Stock in the form of additional shares of the
same class of Disqualified Stock shall not be deemed to be a Restricted Payment for purposes of this Section 4.07; provided, in each such case, that the amount thereof is included in Fixed Charges of the Company as accrued. 
  
 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted
Subsidiaries. 
  
 The Company shall not, and shall not permit
any of its Restricted Subsidiaries to, directly or indirectly, create or permit to exist or become effective any consensual encumbrance or restriction 

  

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on the ability of any Restricted Subsidiary to (a) pay dividends or make any other distributions on its Capital Stock to the Company or any of its Restricted
Subsidiaries, or with respect to any other interest or participation in, or measured by, its profits, or pay any indebtedness owed to the Company or any of its Restricted Subsidiaries, (b) make loans or advances to the Company or any of its
Restricted Subsidiaries or (c) transfer any of its properties or assets to the Company or any of its Restricted Subsidiaries. 
  
 However, the preceding restrictions will not apply to encumbrances or restrictions existing under or by reason of (i) the Credit Facilities as in effect
on the Issue Date, (ii) contractual encumbrances or restrictions as in effect on the Issue Date, including pursuant to Existing Indebtedness, (iii) this Indenture and the Notes, the Exchange Notes, the Guarantees and the Security Documents, (iv)
applicable law or regulation, (v) any agreement or other instrument of a Person acquired by the Company or any of its Restricted Subsidiaries as in effect at the time of such acquisition (except to the extent such Indebtedness was incurred in
connection with or in contemplation of such acquisition), which encumbrance or restriction is not applicable to any Person, or the properties or assets of any Person, other than the Person, or the property or assets of the Person, so acquired, (vi)
customary provisions in leases entered into in the ordinary course of business, (vii) purchase money obligations for property acquired in the ordinary course of business that impose restrictions on the property so acquired of the nature described in
clause (c) of the preceding paragraph, (viii) any agreement for the sale or other disposition of assets, including, without limitation customary restrictions with respect to a Restricted Subsidiary that restricts distributions by that Restricted
Subsidiary pending its sale or other disposition, (ix) Permitted Refinancing Indebtedness, provided that the restrictions contained in the agreements governing such Permitted Refinancing Indebtedness are no more restrictive, taken as a whole, than
those contained in the agreements governing the Indebtedness being Refinanced, (x) Liens securing Indebtedness that limit the right of the debtor to dispose of the assets subject to such Lien, (xi) provisions with respect to the disposition or
distribution of assets or property in joint venture agreements, assets sale agreements, stock sale agreements and other similar agreements entered into in the ordinary course of business, (xii) restrictions on cash or other deposits or net worth
imposed by customers under contracts entered into in the ordinary course of business, (xiii) other Indebtedness of any Restricted Subsidiary that is not a Domestic Subsidiary permitted to be incurred subsequent to the Issue Date pursuant to the
provisions of Section 4.09 hereof, (xiv) any encumbrance or restrictions of the type referred to in clauses (a), (b) and (c) of the preceding paragraph imposed by any amendments, modifications, restatements, renewals, increases, supplements,
refundings, replacements or Refinancings of the contracts, instruments or obligations referred to in clauses (i) through (xiii) above, provided that such amendments, modifications, restatements, renewals, increases, supplements, refundings,
replacements or Refinancings are (in the good faith judgment of the Management Committee) no more restrictive, taken as a whole, with respect to such dividend and other payment restrictions than those contained in such contracts, instruments or
obligations prior to such amendment, modification, restatement, renewal, increase, supplement, refunding, replacement or Refinancing, (xv) any agreement relating to a sale and leaseback transaction or Capital Lease Obligation, but only on the
property subject to such transaction or Capital Lease Obligation and only to the extent that such restrictions or encumbrances are customary with respect to a sale and leaseback transaction or Capital Lease Obligation, (xvi) any encumbrance or
restriction that will not in the aggregate cause the Issuers not to have the funds necessary to pay the principal of, premium, if any, or interest on the Notes, and First-Lien Obligations, (xvii) the subordination in right of payment of any
intercompany obligations 

  

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between the Company and its Restricted Subsidiaries to any unsubordinated Indebtedness; provided that any such intercompany obligations are
subordinated to the Notes to at least the same extent as such intercompany obligations are subordinated to the other unsubordinated Indebtedness, (xviii) restrictions in any agreement with a non-Affiliate minority stockholder of any Restricted
Subsidiary that is not a Wholly-Owned Subsidiary requiring the consent of such minority shareholder to the payment of dividends, the payment of any Indebtedness of such Restricted Subsidiary, the making of loans or advances or the transfer of assets
by such Restricted Subsidiary which require that such payments or transfers be made on a pro rata basis or (xix) any other agreement, instrument or document relating to Indebtedness other than Subordinated Obligations hereafter in effect,
provided that the terms and conditions of such encumbrances or restrictions are not more restrictive than those encumbrances or restrictions imposed as part of the First-Lien Obligations under the Credit Agreement as in effect on the Issue
Date. 
  
 Section 4.09 Incurrence of Additional Indebtedness and Issuance of
Preferred Stock. 
  
 The Company shall not, and shall not
permit any of its Subsidiaries to, directly or indirectly, create, incur, issue, assume, guarantee or otherwise become directly or indirectly liable, contingently or otherwise (collectively, “incur”), with respect to any
Indebtedness (including Acquired Debt), and the Company shall not issue any Disqualified Stock and shall not permit any of its Restricted Subsidiaries that are not Guarantors to issue any shares of preferred stock; provided, however,
that the Issuers and the Guarantors may incur Indebtedness (including Acquired Debt) or issue Disqualified Stock, and the Company’s Restricted Subsidiaries that are not Guarantors may incur Acquired Debt (provided that such Acquired Debt
was not incurred in contemplation of or in connection with such Person merging with or into or becoming a Restricted Subsidiary of the Company), if the Fixed Charge Coverage Ratio for the Company’s most recently ended four full fiscal quarters
for which internal financial statements are available immediately preceding the date on which such additional Indebtedness is incurred or such Disqualified Stock or preferred stock is issued would have been at least 2.0 to 1.0, determined on a pro
forma basis (including a pro forma application of the net proceeds therefrom), as if the additional Indebtedness had been incurred or the preferred stock or Disqualified Stock had been issued, as the case may be, at the beginning of such
four-quarter period. 
  
 The provisions of the first paragraph of
this Section 4.09 shall not prohibit the incurrence of any of the following items of Indebtedness (collectively, “Permitted Debt”): 
  
 (i) the incurrence by the Company and its Restricted Subsidiaries of Indebtedness under Credit Facilities in a total principal amount at
any one time outstanding under this clause (i) not to exceed $265.0 million outstanding at any one time less (x) the amount of all mandatory repayments of term loans made under, and permanent commitment reductions made in the revolving credit
portion of, First-Lien Obligations under the Credit Facilities with Net Proceeds of Asset Sales applied thereto as required by Section 4.10 hereof and (y) the amount of any Indebtedness outstanding pursuant to clause (xvii) of this paragraph;

  
 (ii) the incurrence by the Company and its
Restricted Subsidiaries of the Existing Indebtedness; 
  

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 (iii) the incurrence by the Issuers and the Guarantors of Indebtedness represented by the
Notes and the related Guarantees to be issued on the Issue Date and the Exchange Notes and the related Guarantees to be issued pursuant to the Registration Rights Agreement; 
  
 (iv) the incurrence by the Company or any of its Restricted Subsidiaries of Indebtedness represented by
Capital Lease Obligations, mortgage financings or purchase money obligations, in each case, incurred for the purpose of financing all or any part of the purchase price or cost of construction or improvement of property, plant or equipment used in
the business of the Company or such Restricted Subsidiary, in an aggregate principal amount that, when aggregated with the principal amount at maturity of all other Indebtedness then outstanding and incurred pursuant to this clause (iv) and
including all Permitted Refinancing Indebtedness incurred to refund, Refinance or replace any Indebtedness incurred pursuant to this clause (iv), does not exceed 15% of the Total Assets at the time of the respective incurrence; 
  
 (v) the incurrence by the Company or any of its Restricted
Subsidiaries of Permitted Refinancing Indebtedness in exchange for, or the net proceeds of which are used to refund, Refinance or replace Indebtedness (other than intercompany Indebtedness) that was permitted by this Indenture to be incurred under
the first paragraph of this Section 4.09 hereof or clauses (ii), (iii), (iv), (v) or (xvi) of this paragraph; 
  
 (vi) the incurrence by the Company or any of its Restricted Subsidiaries of intercompany Indebtedness between or among the Company and any
of its Restricted Subsidiaries, provided, however, that (a) if the Issuers or any Guarantor is the obligor on such Indebtedness and the lender is not a Guarantor, such Indebtedness must be expressly subordinated to the prior payment in
full in cash of all Obligations with respect to the Notes, in the case of the Issuers, or the Guarantees, in the case of a Guarantor and (b)(1) any subsequent issuance or transfer of Equity Interests that results in any such Indebtedness being held
by a Person other than the Company or a Restricted Subsidiary thereof and (2) any sale or other transfer of any such Indebtedness to a Person that is not either the Company or a Restricted Subsidiary thereof, shall be deemed, in each case, to
constitute an incurrence of such Indebtedness by the Company or such Restricted Subsidiary, as the case may be, that was not permitted by this clause (vi); 
  
 (vii) the incurrence by the Company or any of its Restricted Subsidiaries of Hedging Obligations that are incurred (a) for the purpose of
fixing or hedging interest rate risk with respect to any floating rate Indebtedness that is permitted by the terms of this Indenture to be outstanding, (b) for the purpose of fixing or hedging currency exchange rate risk with respect to any currency
exchanges or (c) for the purpose of fixing or hedging commodity price risk with respect to any commodity purchases; 
  
 (viii) the guarantee by the Issuers or any of the Guarantors of Indebtedness of the Company or a Restricted Subsidiary of the Company that
was permitted to be incurred by another provision of this Section 4.09; 
  

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 (ix) the accrual of interest, the accretion or amortization of original issue discount,
the payment of interest on any Indebtedness in the form of additional Indebtedness with the same terms, and the payment of dividends on Disqualified Stock in the form of additional shares of the same class of Disqualified Stock will not be deemed to
be an incurrence of Indebtedness or an issuance of Disqualified Stock for purposes of this Section 4.09; provided, in each such case, that the amount thereof is included in Fixed Charges of the Company as accrued; 
  
 (x) the incurrence by the Company’s Unrestricted
Subsidiaries of Non-Recourse Debt, provided, however, that if any such Indebtedness ceases to be Non-Recourse Debt of an Unrestricted Subsidiary, such event shall be deemed to constitute an incurrence of Indebtedness by a Restricted
Subsidiary of the Company that was not permitted by this clause (x); 
  
 (xi) the incurrence by the Company or any of its Restricted Subsidiaries of Indebtedness constituting reimbursement obligations with respect to letters of credit issued in the ordinary course of business, including,
without limitation, letters of credit in respect of workers’ compensation claims or self-insurance, or other Indebtedness with respect to reimbursement type obligations regarding workers’ compensation claims or self-insurance; 

 
 (xii) the incurrence by the Company or any of its
Restricted Subsidiaries of Indebtedness arising from agreements of the Company or such Restricted Subsidiary providing for indemnification, adjustment of purchase price or similar obligations, in each case, incurred or assumed in connection with the
disposition of any business, assets or Capital Stock of a Subsidiary, other than guarantees of Indebtedness incurred by any Person acquiring all or any portion of such business, assets or a Subsidiary for the purpose of financing such acquisition;

  
 (xiii) the issuance of preferred stock by any
of the Company’s Restricted Subsidiaries issued to the Company or another Restricted Subsidiary; provided that any subsequent issuance or transfer of any Equity Securities or any other event that results in any such Restricted Subsidiary
ceasing to be a Restricted Subsidiary or any other subsequent transfer of any such shares of preferred stock (except to the Company or another Restricted Subsidiary) shall be deemed, in each case to be an issuance of such shares of preferred stock;

  
 (xiv) the incurrence by the Company or any of
its Restricted Subsidiaries of obligations in respect of performance and surety bonds and completion guarantees provided by the Company or such Restricted Subsidiary in the ordinary course of business; 
  
 (xv) the incurrence by the Company or any of its Restricted
Subsidiaries of Indebtedness or Disqualified Stock not otherwise permitted under this Section 4.09 or Section 4.17 hereof in an aggregate principal amount or liquidation preference that, when aggregated with the principal amount and liquidation
preference of all other Indebtedness and Disqualified Stock then outstanding and incurred pursuant to this clause (xv) does not exceed $50.0 million; 
  

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 (xvi) the incurrence of Acquired Indebtedness or Disqualified Stock of Persons that are
acquired by the Company or any of its Restricted Subsidiaries or merged into a Restricted Subsidiary in accordance with the terms of this Indenture; provided that such Indebtedness or Disqualified Stock is not incurred in contemplation of
such acquisition or merger; provided further that after giving effect to such acquisition, either (a) the Company would be permitted to incur at least $1.00 of additional Indebtedness pursuant to the first paragraph of this Section
4.09 or (b) the Fixed Charge Coverage Ratio is greater than immediately prior to such acquisition; and 
  
 (xvii) the incurrence of any Indebtedness by a Receivables Subsidiary that is not recourse to the Company or any other Restricted
Subsidiary of the Company (other than Standard Securitization Undertakings) incurred in connection with a Qualified Receivables Transaction; 
  
 For purposes of determining compliance with this Section 4.09, in the event that an item of proposed Indebtedness meets the criteria of more than one of
the categories of Permitted Debt described in clauses (i) through (xvii) above, or is entitled to be incurred pursuant to the first paragraph of this Section 4.09, the Company shall be permitted to classify such item of Indebtedness on the date of
its incurrence, or later reclassify all or a portion of such item of Indebtedness, in any manner that complies with this Section 4.09. Indebtedness under Credit Facilities outstanding on the date on which Notes are first issued and authenticated
under this Indenture shall be deemed to have been incurred on such date in reliance on the exception provided by clause (i) of the definition of Permitted Debt. 
  

The Company will not, and will not permit Capital or any Guarantor to, directly or indirectly, incur any Indebtedness which by its terms (or by the
terms of any agreement governing such Indebtedness) is subordinated in right of payment to any other Indebtedness of the Company (and Capital, if applicable) or such Guarantor, as the case may be, unless such Indebtedness is also by its terms (or by
the terms of any agreement governing such Indebtedness) made expressly subordinate in right of payment to the Notes or the Guarantee of such Guarantor, as the case may be, to the same extent and in the same manner as such Indebtedness is
subordinated to other Indebtedness of the Company (and Capital, if applicable) or such Guarantor, as the case may be. 
  
 Section 4.10 Asset Sales. 
  
 The Company shall not, and shall not permit any of its Restricted Subsidiaries to, consummate an Asset Sale unless (i) the Company (or the Restricted
Subsidiary, as the case may be) receives consideration at the time of such Asset Sale at least equal (as determined by the Management Committee) to the fair market value of the assets or Equity Interests issued or sold or otherwise disposed of, (ii)
such fair market value is determined by the Management Committee and, in the case of Asset Sales in excess of $10.0 million, evidenced by a resolution of the Management Committee set forth in an Officers’ Certificate delivered to the Trustee,
(iii) at least 75% of the consideration therefor received by the Company or such Restricted Subsidiary is in the form of (A) cash or Cash Equivalents or (B) assets to be owned by the Company or any Restricted Subsidiary and used in a Permitted
Business, to the extent they are concurrently with their acquisition added to the Collateral securing the Notes, or (C) Capital Stock in one or more 

  

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Persons engaged in a Permitted Business that are or thereby become Wholly Owned Subsidiaries of the Company; and (iv) to the extent Capital Stock of a Person
is received by the Company and its Restricted Subsidiaries pursuant to clause (iii)(C) above, assets of such Person with a fair market value that is equal to or greater than (A) 75% of the fair market value of the Collateral that is the subject of
such Asset Sale less (B) the fair market value of any consideration received by the Company and its Restricted Subsidiaries pursuant to clause (iii)(A) or (B) above are concurrently with the acquisition added to the Collateral securing the Notes.
For purposes of clause (iii) above of this paragraph, each of the following shall be deemed to be cash: (a) any liabilities (as shown on the Company’s or such Restricted Subsidiary’s most recent balance sheet), of the Company or any
Restricted Subsidiary that are assumed by the transferee of any such assets and from which the Company or such Restricted Subsidiary is unconditionally released from further liability, in each case other than (i) contingent liabilities; (ii)
liabilities that are secured by Liens junior to the Lien on the Collateral securing the Notes or any Guarantee; (iii) liabilities that are by their terms subordinated to the Notes or any Guarantee; and (iv) liabilities consisting of Disqualified
Stock; and, (b) any securities, notes or other obligations received by the Company or any such Restricted Subsidiary from such transferee that are converted by the Company or such Restricted Subsidiary into cash (to the extent of the cash received
in that conversion) within 180 days of the closing of such Asset Sale. 
  
 Within 365 days after the receipt of any Net Proceeds from an Asset Sale, the Company may apply such Net Proceeds at its option (i) to repay First-Lien Obligations and, if the First-Lien Obligations repaid include revolving credit
Indebtedness, to correspondingly reduce commitments with respect thereto, (ii) to make an investment in properties or assets that replaces the assets that are the subject of such Asset Sale, (iii) to make capital expenditures or (iv) to make an
investment in one or more businesses or to acquire other assets that are used or useful in a Permitted Business. Pending the final application of any such Net Proceeds, the Company may temporarily reduce revolving credit borrowings that are
First-Lien Obligations, invest such Net Proceeds in Cash Equivalents or Investment Grade Securities or otherwise invest such Net Proceeds in any manner that is not prohibited by this Indenture. 
  
 Any Net Proceeds from Asset Sales that are not applied or invested as
provided in the preceding paragraph will constitute “Excess Proceeds.” Within ten Business Days after the date on which the aggregate amount of Excess Proceeds exceeds $15.0 million, the Issuers shall make an Asset Sale Offer to all
Holders of Notes. The offer price in any Asset Sale Offer will be equal to 100% of the Accreted Value plus accrued and unpaid cash interest, if any, and Liquidated Damages, if any, to the date of purchase, and will be payable in cash. If any Excess
Proceeds remain after consummation of an Asset Sale Offer, the Company may use such Excess Proceeds for any purpose not otherwise prohibited by this Indenture. If the aggregate Accreted Value of Notes tendered into such Asset Sale Offer exceeds the
amount of Excess Proceeds, the Trustee shall select the Notes to be purchased on a pro rata basis based on the Accreted Value of Notes. Upon completion of each Asset Sale Offer, the amount of Excess Proceeds shall be reset at zero.

  
 The Issuers shall comply with the requirements of Rule 14e-1
under the Exchange Act and any other securities laws and regulations thereunder to the extent such laws and regulations are applicable in connection with each repurchase of Notes pursuant to an Asset Sale Offer. To the extent that the provisions of
any securities laws or regulations conflict with the Asset Sales provisions of this Indenture, the Issuers shall comply with the applicable securities laws and 

  

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regulations and shall not be deemed to have breached its obligations under the Asset Sale provisions of this Indenture by virtue of such conflict.

  
 Section 4.11 Transactions with Affiliates. 
  
 The Company shall not, and shall not permit any of its Restricted
Subsidiaries to, make any payment to, or sell, lease, transfer or otherwise dispose of any of its properties or assets to, or purchase any property or assets from, or enter into or make or amend any transaction, contract, agreement, understanding,
loan, advance or guarantee with, or for the benefit of, any Affiliate (each, an “Affiliate Transaction”), unless (i) with respect to any Affiliate Transaction or series of related Affiliate Transactions involving aggregate
consideration in excess of $5.0 million, such Affiliate Transaction is on terms that are not materially less favorable to the Company or the relevant Restricted Subsidiary than those that would have been obtained in a comparable transaction by the
Company or such Subsidiary with an unrelated Person and (ii) the Company delivers to the Trustee (a) with respect to any Affiliate Transaction or series of related Affiliate Transactions involving aggregate consideration in excess of $5.0 million, a
resolution of the Management Committee set forth in an Officers’ Certificate certifying that such Affiliate Transaction complies with this covenant and that such Affiliate Transaction has been approved by a majority of the disinterested members
of the Management Committee and (b) with respect to any Affiliate Transaction or series of related Affiliate Transactions involving aggregate consideration in excess of $10.0 million, an opinion as to the fairness to the holders of the Notes of such
Affiliate Transaction from a financial point of view issued by an accounting, appraisal or investment banking firm of national standing. 
  
 The following items shall not be deemed to be Affiliate Transactions and, therefore, will not be subject to the provisions of the prior paragraph:

  
 (i) any employment or consulting agreement
entered into by the Company or any of its Restricted Subsidiaries in the ordinary course of business and consistent with the past practice of the Company or such Restricted Subsidiary, 
  
 (ii) transactions between or among the Company and/or its Restricted Subsidiaries, 
  
 (iii) transactions with a Person that is an Affiliate of the
Company solely because the Company owns an Equity Interest in such Person, 
  
 (iv) payment of reasonable directors’ fees and the provision of customary indemnities to directors and officers, 
  
 (v) sales of Equity Interests (other than Disqualified Stock) to Affiliates of the Company, 
  
 (vi) Restricted Payments that are permitted by Section 4.07
hereof, 
  
 (vii) the payment (directly or
through Holdings) of annual management, consulting, monitoring and advisory fees and related expenses to Vestar and its Affiliates in accordance with the Management Agreement, 
  

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 (viii) transactions in which the Company or any of its Restricted Subsidiaries, as the
case may be, delivers to the Trustee a letter from an accounting, appraisal or investment banking firm of national standing stating that such transaction is fair to the Company or such Restricted Subsidiary from a financial point of view or meets
the requirements of clause (i) of the preceding paragraph, 
  
 (ix) payments or loans to employees or consultants that are approved in good faith by a majority of the Management Committee, 
  

(x) any agreement (and payments pursuant thereto) as in effect on the Issue Date (including the Permitted Agreements) or any amendment
or replacement thereto (so long as such amendment or replacement is not disadvantageous to the Holders in any material respect) or any transaction contemplated thereby, 
  
 (xi) the existence of, or the performance by the Company or any Restricted Subsidiary of its obligations
under the terms of, the Contribution and Merger Agreement, or any agreement contemplated thereunder (including any registration rights agreement or purchase agreement related thereto) to which it is a party as of the Issue Date and any similar
agreements that it may enter into thereafter, provided, however, that the existence of, or the performance by the Company or any Restricted Subsidiary of obligations under, any future amendment to any such existing agreement or under
any similar agreement entered into after the Issue Date shall only be permitted by this clause (xi) to the extent that the terms of any such amendment or new agreement are not otherwise disadvantageous to the Holders in any material respect,

  
 (xii) transactions with customers, clients,
suppliers, or purchasers or sellers of goods or services, in each case in the ordinary course of business and otherwise in compliance with the terms of this Indenture that are fair to the Company and its Restricted Subsidiaries in the reasonable
determination of the majority of the Management Committee or are on terms at least as favorable as might reasonably have been obtained at such time from an unaffiliated party, and 
  
 (xiii) payments by the Company or any of its Restricted Subsidiaries to the Principals made for any
financial advisory, financing, underwriting or placement services or in respect of other investment banking activities, including, without limitation, in connection with acquisitions or divestitures, which payments are approved by the majority of
the Management Committee in good faith. 
  
 Section 4.12 Liens. 

 
 The Company shall not and shall not permit any of its Restricted
Subsidiaries to, create, incur, assume or otherwise cause to exist or become effective any Liens (other than Permitted Liens) of any kind against or upon any of their respective property or assets, or any proceeds, income or profit therefrom, which
secure any Indebtedness, Attributable Debt or trade payables of the Company or a Guarantor, unless such Lien relates to assets not constituting Collateral and: 
  

(i) in the case of Liens securing Subordinated Obligations of the Company or a Guarantor, the Notes are or such Guarantor’s
Guarantee is, as the case may be, secured 

  

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by a Lien on such property, assets, proceeds, income or profit that is senior in priority to such Liens; and 
  
 (ii) in all other cases, the Notes are or such
Guarantor’s Guarantee is, as the case may be, equally and ratably secured by a Lien on such property, assets, proceeds, income or profit. 
  
 Section 4.13 Business Activities. 
  
 The Company shall not, and shall not permit any Restricted Subsidiaries to, engage in any business other than Permitted Businesses, except to such extent
as would not be material to the Company and its Restricted Subsidiaries taken as a whole. 
  
 Section 4.14 Corporate Existence. 
  
 Subject to Article 5 hereof, the Issuers shall do or cause to be done all things necessary to preserve and keep in full force and effect (i) their corporate or limited liability company existence, and the corporate,
limited liability company or other existence of each of their Subsidiaries, in accordance with the respective organizational documents (as the same may be amended from time to time) of the Issuers or any such Subsidiary and (ii) the rights (charter
and statutory), licenses and franchises of the Issuers and its Subsidiaries; provided, however, that the Issuers shall not be required to preserve any such right, license or franchise, or the corporate, limited liability or other
existence of any of their Subsidiaries, if the Management Committee or Board of Directors, as applicable, shall determine that the preservation thereof is no longer desirable in the conduct of the business of the Issuers and their Subsidiaries,
taken as a whole, and that the loss thereof is not adverse in any material respect to the Holders of the Notes. 
  
 Section 4.15 Offer to Repurchase Upon Change of Control. 
  
 (a) Upon the occurrence of a Change of Control, the Issuers shall make an offer (a “Change of Control Offer”) to each Holder to
repurchase all or any part (equal to $1,000 principal amount at maturity or an integral multiple thereof) of each Holder’s Notes at a purchase price equal to 101% of the Accreted Value thereof plus accrued and unpaid cash interest, if any, and
Liquidated Damages, thereon, if any, to the date of purchase, the “Change of Control Payment”). Within 30 days following any Change of Control, the Issuers shall mail a notice to each Holder stating: 
  
 (i) that the Change of Control Offer is being made pursuant
to this Section 4.15 and that all Notes tendered will be accepted for payment; 
  
 (ii) the purchase price and the purchase date, which shall be no earlier than 30 days and no later than 60 days from the date such notice
is mailed (the “Change of Control Payment Date”); 
  
 (iii) that any Note not tendered will continue to accrete principal or accrue interest; 
  

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 (iv) that, unless the Issuers default in the payment of the Change of Control Payment,
all Notes accepted for payment pursuant to the Change of Control Offer shall cease to accrete principal or accrue interest after the Change of Control Payment Date; 
  
 (v) that Holders electing to have any Notes purchased pursuant to a Change of Control Offer will be required
to surrender the Notes, with the form entitled “Option of Holder to Elect Purchase” on the reverse of the Notes completed, to the Paying Agent at the address specified in the notice prior to the close of business on the third Business Day
preceding the Change of Control Payment Date; 
  
 (vi) that Holders will be entitled to withdraw their election if the Paying Agent receives, not later than the close of business on the second Business Day preceding the Change of Control Payment Date, a facsimile transmission or letter
setting forth the name of the Holder, the principal amount at maturity of Notes delivered for purchase, and a statement that such Holder is withdrawing his election to have the Notes purchased; and 
  
 (vii) that Holders whose Notes are being purchased only in
part will be issued new Notes equal in principal amount at maturity to the unpurchased portion of the Notes surrendered, which unpurchased portion must be equal to $1,000 in principal amount at maturity or an integral multiple thereof. The Issuers
shall comply with the requirements of Rule 14e-1 under the Exchange Act and any other securities laws and regulations thereunder to the extent such laws and regulations are applicable in connection with the repurchase of Notes in connection with a
Change of Control. To the extent that the provisions of any securities laws or regulations conflict with the Change of Control provisions of this Indenture, the Issuers shall comply with the applicable securities laws and regulations and shall not
be deemed to have breached its obligations under this Section 4.15 by virtue of such conflict. 
  
 (b) On the Change of Control Payment Date, the Issuers shall, to the extent lawful, (1) accept for payment all Notes or portions thereof properly tendered pursuant to the Change of Control Offer, (2) deposit with the
Paying Agent an amount equal to the Change of Control Payment in respect of all Notes or portions thereof so tendered and (3) deliver or cause to be delivered to the Trustee the Notes so accepted together with an Officers’ Certificate stating
the aggregate Accreted Value of Notes or portions thereof being purchased by the Issuers. The Paying Agent shall promptly mail to each Holder of Notes so tendered the Change of Control Payment, and the Trustee shall promptly authenticate and mail
(or cause to be transferred by book entry) to each Holder a new Note equal in Accreted Value to any unpurchased portion of the Notes surrendered by such Holder, if any; provided, that each such new Note shall be denominated in a principal
amount at maturity of $1,000 or an integral multiple thereof. 
  
 (c) Prior to complying with any of the provisions of this Section 4.15, but in any event within 60 days following a Change of Control, the Issuers shall either: 
  
 (i) repay in full all outstanding First-Lien Obligations and terminate all related commitments, or

  

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 (ii) obtain the requisite consents, if any, under all agreements governing outstanding
First-Lien Obligations to permit the repurchase of Notes required by this Section 4.15. 
  
 The Issuers shall publicly announce the results of the Change of Control Offer on or as soon as practicable after the Change of Control Payment Date. 
  

(d) The Issuers shall first comply with Section 4.15(c) above before it shall be required to repurchase Notes pursuant to the provisions described
above. The Issuer’s failure to comply with Section 4.15(c) shall (with notice and lapse of time) constitute an Event of Default described in Section 6.01(c) hereof, but shall not constitute an Event of Default described in Section 6.01(b)
hereof. 
  
 (e) The provisions described above that require the
Issuers to make a Change of Control Offer following a Change of Control shall be applicable regardless of whether any other provisions of this Indenture are applicable. Except as described above with respect to a Change of Control, this Indenture
does not contain provisions that permit the Holders of the Notes to require that the Issuers repurchase or redeem the Notes in the event of a takeover, recapitalization or similar transaction. 
  
 (f) Notwithstanding anything to the contrary in this Section 4.15, the
Issuers shall not be required to make a Change of Control Offer upon a Change of Control if a third party makes the Change of Control Offer in the manner, at the times and otherwise in compliance with the requirements set forth in this Section 4.15
and all other provisions of this Indenture applicable to a Change of Control Offer made by the Issuers and purchases all Notes validly tendered and not withdrawn under such Change of Control Offer. 
  
 (g) Notwithstanding the foregoing, the Issuers shall not be required to make
a Change of Control Offer as provided above if, in connection with or in contemplation of any Change of Control, it has made an offer to purchase (an “Alternate Offer”) any and all Notes validly tendered at a cash price equal to or
higher than the Change of Control Payment and has purchased all Notes properly tendered in accordance with the terms of such Alternate Offer. 
  
 Section 4.16 Impairment of Security Interest. 
  
 The Company shall not, and the Company shall not permit any of its Restricted Subsidiaries to, take, or knowingly omit to take, any action, which action
or omission would have the effect of causing a Lien to be created in favor of the Collateral Agent or the Bank Lenders (in their respective capacities as such) on any property or assets of the type that would constitute Collateral other than Second
Lien Excluded Collateral (as defined in the Security Agreement) unless a Lien is created in favor of the Collateral Agent for the benefit of the Notes Secured Creditors with respect to such property or assets (which Lien in favor of the Notes
Secured Creditors shall have the priority set forth in the Security Documents). Such Lien in favor of the Collateral Agent for the benefit of the Notes Secured Creditors shall at all times be in accordance with the provisions of the Indenture and
the Security Documents. 
  

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 Section 4.17 Limitation on Sale and Leaseback Transactions. 
  
 The Company shall not, and shall not permit any of its Restricted
Subsidiaries to, enter into any sale and leaseback transaction; provided that the Company or any Restricted Subsidiary may enter into a sale and leaseback transaction if (i) the Company or that Restricted Subsidiary, as applicable, could have
incurred Indebtedness in an amount equal to the Attributable Debt relating to such sale and leaseback transaction pursuant to the Fixed Charge Coverage Ratio test set forth in the first paragraph of Section 4.09 hereof or under clause (xv) thereof,
(ii) the gross cash proceeds of such sale and leaseback transaction are at least equal to the fair market value (as determined in good faith by the Management Committee and set forth in an Officers’ Certificate delivered to the Trustee) of the
property that is the subject of that sale and leaseback transaction and (iii) the transfer of assets in that sale and leaseback transaction is permitted by, and the Company applies the proceeds of such transaction in compliance with Section 4.10
hereof. 
  
 Section 4.18 Limitation on Issuances and Sales of Equity Interests
in Wholly Owned Restricted Subsidiaries. 
  
 The Company (i)
shall not, and shall not permit any of its Restricted Subsidiaries to, transfer, convey, sell, lease or otherwise dispose of any Equity Interests in any Wholly Owned Restricted Subsidiary of the Company to any Person (other than the Company or a
Wholly Owned Restricted Subsidiary of the Company), unless the cash Net Proceeds from such transfer, conveyance, sale, lease or other disposition are applied in accordance with Section 4.10 hereof and (ii) shall not permit any Wholly Owned
Restricted Subsidiary of the Company to issue any of its Equity Interests (other than, if necessary, shares of its Capital Stock constituting directors’ qualifying shares) to any Person other than to the Company or a Wholly Owned Restricted
Subsidiary of the Company, unless the cash Net Proceeds from such issuance are applied in accordance with Section 4.10 hereof. 
  
 Section 4.19 Limitation on Guarantees of Indebtedness by Restricted Subsidiaries. 
  
 The Company shall not permit any of its Restricted Subsidiaries that is not a Guarantor (whether formed or acquired before
or after the Issue Date), directly or indirectly, by way of the pledge of any intercompany note or otherwise, to assume, guarantee or in any other manner become liable with respect to any Indebtedness of the Company unless, in any such case:

  
 (i) such Restricted Subsidiary executes and
delivers a supplemental Indenture to this Indenture, providing a guarantee of payment of the Notes by such Restricted Subsidiary; 
  
 (ii) if any such assumption, guarantee or other liability of such Restricted Subsidiary is provided in respect of Indebtedness that is
expressly subordinated to the Notes, the guarantee or other instrument provided by such Restricted Subsidiary in respect of such Subordinated Obligation shall be subordinated to such Guarantor’s guarantee of the Notes; and 
  
 (iii) such Restricted Subsidiary complies with the
additional requirements set forth in this Section 4.23 hereof. 
  

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 Notwithstanding the foregoing, any Guarantee of the Notes shall provide by its terms that it shall be
automatically and unconditionally released and discharged under the circumstances set forth in Article 11. The form of such Guarantee is attached as Exhibit E hereto. 
  
 Section 4.20 Designation of Restricted and Unrestricted Subsidiaries. 
  
 The Management Committee may designate any Restricted Subsidiary to be an Unrestricted Subsidiary if that designation would
not cause a Default. If a Restricted Subsidiary is designated as an Unrestricted Subsidiary, the aggregate fair market value of all outstanding Investments owned by the Company and its Restricted Subsidiaries in the Subsidiary so designated shall be
deemed to be an Investment made as of the time of such designation and shall reduce the amount available for Restricted Payments under the first paragraph or under clause (xiv) or (xv) of the second paragraph of Section 4.07 hereof or reduce the
amount available for future Investments under one or more clauses of the definition of Permitted Investments, as the Company shall determine. That designation shall only be permitted if such Investment would be permitted at that time and if such
Restricted Subsidiary otherwise meets the definition of an Unrestricted Subsidiary. The Management Committee may redesignate any Unrestricted Subsidiary to be a Restricted Subsidiary if the redesignation would not cause a Default. 
  
 Section 4.21 Restrictions on Activities of Capital. 
  
 Capital shall not hold any material assets, become liable for any material
obligations, other than the Notes, or engage in any significant business activities; provided that Capital may be a co-obligor with respect to Indebtedness if the Company is a primary obligor of such Indebtedness and the net proceeds of such
Indebtedness are received by the Company or one or more of the Company’s Restricted Subsidiaries other than Capital. 
  
 Section 4.22 Payments for Consent. 
  
 Neither the Company nor any of its Restricted Subsidiaries shall, directly or indirectly, pay or cause to be paid any consideration to or for the benefit
of any Holder of any Notes for or as an inducement to any consent, waiver or amendment of any of the terms or provisions of this Indenture or the Notes unless such consideration is offered to be paid or is paid to all Holders of the Notes that
consent, waive or agree to amend in the time frame set forth in the solicitation documents relating to such consent, waiver or agreement. 
  
 Section 4.23 Additional Guarantees. 
  
 (a) If the Company or any of its Restricted Subsidiaries shall acquire or create another Domestic Subsidiary after the date of this Indenture, then such
newly acquired or created Domestic Subsidiary shall execute a Guarantee in the form of a Supplemental Indenture and supplemental Security Documents within 10 Business Days of the date on which it was acquired or created; provided that (i) all
Subsidiaries that have properly been designated as Unrestricted Subsidiaries in accordance with this Indenture shall not become Guarantors for so long as they continue to constitute Unrestricted Subsidiaries and (ii) this Section 4.23 shall not
apply to any newly acquired or created Domestic Subsidiary for so long as such Domestic Subsidiary does not have total assets exceeding $500,000. The form of such Guarantee is attached as Exhibit E hereto. 
  

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 (b) In addition to the requirements set forth in Section 4.23(a) above, the following additional
requirements shall apply: 
  
 (1) the Company and
the new Guarantor will cause to be filed such amendments or other instruments, if any, and recorded in such jurisdictions as may be required by applicable law to preserve and protect the Lien of the Security Documents on the Collateral owned by or
transferred to such new Guarantor, together with such financing statements as may be required to perfect any security interests in such Collateral which may be perfected by the filing of a financing statement under the Uniform Commercial Code of the
relevant states; 
  
 (2) any Collateral owned by
or transferred to the new Guarantor shall: (a) continue to constitute Collateral under this Indenture and the Security Documents; and (b) not be subject to any Lien other than Liens permitted by this Indenture and the Security Documents; and

  
 (3) the Company shall have delivered to the
Trustee an officers’ certificate and an opinion of counsel, each stating that such supplemental Indenture and Security Documents comply with the applicable provisions of this Indenture, that all conditions precedent in this Indenture relating
to such transaction have been satisfied and that such supplemental Indenture and Security Documents are enforceable, subject to customary qualifications. 
  
 Section 4.24 Liquidated Damages Notice. 
  
 In the event that the Company is required to pay Liquidated Damages to Holders of Notes pursuant to the Registration Rights Agreement, the Company will
provide written notice (“Liquidated Damages Notice”) to the Trustee of its obligation to pay Liquidated Damages no later than fifteen days prior to the proposed payment date for the Liquidated Damages, and the Liquidated Damages
Notice shall set forth the amount of Liquidated Damages to be paid by the Company on such payment date. The Trustee shall not at any time be under any duty or responsibility to any Holder of Notes to determine the Liquidated Damages, or with respect
to the nature, extent, or calculation of the amount of Liquidated Damages owed, or with respect to the method employed in such calculation of the Liquidated Damages. 
  
 ARTICLE 5 
  
 SUCCESSORS 
  
 Section 5.01 Merger, Consolidation or Sale of Assets. 
  
 The Company shall not (i) consolidate or merge with or into another Person (whether or not the Company is the surviving entity) or (ii) sell, assign,
transfer, convey, lease or otherwise dispose of all or substantially all of the properties or assets of the Company and its Restricted Subsidiaries taken as a whole, in one or more related transactions, to another Person unless (i) either: (a) the
Company is the surviving corporation or entity; or (b) the Person formed by or surviving any such consolidation or merger, if other than the Company, or to which such sale, assignment, transfer, conveyance, lease or other disposition shall have been
made is a corporation, 

  

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limited liability company or partnership organized or existing under the laws of the United States, any state thereof or the District of Columbia;
provided that at any time the Company or its successor is a limited liability company or a partnership, there shall be a co-issuer of the Notes that is a corporation, with its activities limited to the same extent as Capital described in
Section 4.21 hereof, (ii) the Person formed by or surviving any such consolidation or merger, if other than the Company or Capital, or the Person to which such sale, assignment, transfer, conveyance, lease or other disposition shall have been made
assumes all the obligations of the Company under the Notes, this Indenture, the Security Documents and the Registration Rights Agreement pursuant to agreements reasonably satisfactory to the Trustee, (iii) immediately after such transaction no
Default or Event of Default exists and (iv) the Company or the Person formed by or surviving any such consolidation or merger, if other than Capital, or the Person, if other than Capital, to which such sale, assignment, transfer, conveyance, lease
or other disposition shall have been made shall, on the date of such transaction after giving pro forma effect thereto and any related financing transactions as if the same had occurred at the beginning of the applicable four-quarter period, either
(a) be permitted to incur at least $1.00 of additional Indebtedness under the Fixed Charge Coverage Ratio test set forth in the first paragraph of Section 4.09 hereof or (b) have a Fixed Charge Coverage Ratio that is greater than such ratio for the
Company and its Restricted Subsidiaries immediately prior to such transaction. 
  
 The predecessor Company shall not be relieved from its obligations to pay the principal of, and interest on the Notes except in the case of a sale, but not lease, of all of the Company’s assets that meets the
requirements of this Section 5.01. This Section 5.01 shall not apply to a sale, assignment, transfer, conveyance or other disposition of assets between or among the Company and any of its Wholly Owned Restricted Subsidiaries, except for compliance
with the additional conditions set forth in the last paragraph of this Section 5.01. 
  
 Notwithstanding the foregoing, the Company is permitted to reorganize as a corporation in accordance with the procedures established in this Indenture, and may merge or consolidate with an Affiliate for such purpose;
provided that the Company shall have delivered to the Trustee an opinion of counsel in the United States reasonably acceptable to the Trustee confirming that the holders of the outstanding Notes will not recognize income, gain or loss for
federal income tax purposes as a result of such reorganization. 
  
 The following additional conditions shall apply to each transaction described in the above paragraphs of this Section 5.01: (i) the Company or the relevant surviving entity, as applicable, will cause to be filed such amendments or other
instruments, if any, and recorded in such jurisdictions as may be required by applicable law to preserve and protect the Lien of the Security Documents on the Collateral owned by or transferred to such Person, together with such financing statements
as may be required to perfect any security interests in such Collateral which may be perfected by the filing of a financing statement under the Uniform Commercial Code of the relevant states, (ii) the Collateral owned by or transferred to the
Company or the relevant surviving entity, as applicable, shall (a) continue to constitute Collateral under this Indenture and the Security Documents and (b) not be subject to any Lien other than Liens permitted by this Indenture and the Security
Documents, (iii) the assets of the Person which is merged or consolidated with or into the relevant surviving entity, to the extent that they are assets of the types which would constitute Collateral under the Security Documents and which would be
required to be pledged thereunder, shall be treated as after-acquired property and such surviving entity shall 

  

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take such action as may be reasonably necessary to cause such assets to be made subject to the Lien of the Security Documents in the manner and to the extent
required in this Indenture and (iv) the Company shall have delivered to the Trustee an officers’ certificate and an opinion of counsel, each stating that such transaction and, if a supplemental Indenture or supplemental Security Documents, are
required in connection with such transaction, such supplemental Indenture and Security Documents comply with the applicable provisions of this Indenture, that all conditions precedent in this Indenture relating to such transaction have been
satisfied and that such supplemental Indenture and Security Documents are enforceable, subject to customary qualifications. 
  
 Section 5.02 Successor Corporation Substituted. 
  
 Upon any consolidation or merger, or any sale, assignment, transfer, lease, conveyance or other disposition of all or substantially all of the assets of
the Company, in accordance with Section 5.01 hereof, the successor corporation formed by such consolidation or into or with which the Company is merged or to which such sale, assignment, transfer, lease, conveyance or other disposition is made shall
succeed to, and be substituted for (so that from and after the date of such consolidation, merger, sale, lease, conveyance or other disposition, the provisions of this Indenture referring to the “Company” shall refer instead to the
successor corporation and not to the Company), and may exercise every right and power of the Company under this Indenture with the same effect as if such successor Person had been named as the Company herein; provided, however, that
the predecessor Company shall not be relieved from the obligation to pay the principal of and interest on the Notes except in the case of a sale of all of the Company’s assets that meets the requirements of Section 5.01 hereof. 
  
 ARTICLE 6 
  
 DEFAULTS AND REMEDIES 
  
 Section 6.01 Events of Default. 
  
 An “Event of Default” occurs if: 
  
 (a) the Issuers default in the payment when due of interest on, or premium, if any, or Liquidated Damages, if any, with respect to, the
Notes and such default continues for a period of 30 days; 
  
 (b) the Issuers default in the payment when due of principal of the Notes, when the same becomes due and payable at maturity, upon redemption (including in connection with an offer to purchase) or otherwise;

  
 (c) the Company or any of its Subsidiaries
fails to comply with any of the provisions of Section 4.10 or 4.15 hereof; 
  
 (d) the Company or any of its Subsidiaries fails to observe or perform any other covenant, representation, warranty or other agreement in this Indenture or the Notes for 60 days after notice to the Company by the
Trustee or the Holders of at least 25% in aggregate principal amount at maturity of the Notes then outstanding; 
  

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 (e) a default occurs under any mortgage, deed of trust, deed to secure debt, indenture or
instrument under which there may be issued or by which there may be secured or evidenced any Indebtedness for money borrowed by the Company or any of its Restricted Subsidiaries (or the payment of which is guaranteed by the Company or any of its
Restricted Subsidiaries), whether such indebtedness or guarantee now exists, or is created after the date of this Indenture, which default (i) is caused by a failure to pay principal at the final stated maturity of such Indebtedness prior to the
expiration of the grace period provided in such Indebtedness on the date of such default (a “Payment Default”) or (ii) results in the acceleration of such Indebtedness prior to its express maturity and, in each case, the principal
amount of such Indebtedness, together with the principal amount of any other such Indebtedness under which there has been a Payment Default or the maturity of which has been so accelerated, aggregates $20.0 million or more; 
  
 (f) the Company or any of its Restricted Subsidiaries fails
to pay judgments, aggregating in excess of $20.0 million, which judgments are not paid, discharged or stayed for a period of 60 days after such judgments have become final and nonappealable, and in the event such judgment is covered by insurance, an
enforcement proceeding has been commenced by any creditor upon such judgment or decree that is not promptly stayed; 
  
 (g) except as permitted by this Indenture, any Guarantee by a Significant Subsidiary shall be held in any judicial proceeding to be
unenforceable or invalid or shall cease for any reason to be in full force and effect or any Guarantor that is a Significant Subsidiary, or any Person acting on behalf of any such Guarantor, shall deny or disaffirm its obligations under its
Guarantee; 
  
 (h) the Company or any of its
Significant Subsidiaries or any group of Subsidiaries that, taken as a whole, would constitute a Significant Subsidiary pursuant to or within the meaning of Bankruptcy Law: 
  
 (i) commences a voluntary case, 
  
 (ii) consents to the entry of an order for relief against it in an involuntary case, 
  
 (iii) consents to the appointment of a custodian of it or
for all or substantially all of its property, 
  
 (iv) makes a general assignment for the benefit of its creditors, or 
  
 (v) generally is not paying its debts as they become due; 
  
 (i) a court of competent jurisdiction enters an order or decree under any Bankruptcy Law that: 
  
 (i) is for relief against the Company or any of its
Significant Subsidiaries or any group of Subsidiaries that, taken as a whole, would constitute a Significant Subsidiary in an involuntary case; 
  

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 (ii) appoints a custodian of the Company or any of its Significant Subsidiaries or any
group of Subsidiaries that, taken as a whole, would constitute a Significant Subsidiary or for all or substantially all of the property of the Company or any of its Significant Subsidiaries or any group of Subsidiaries that, taken as a whole, would
constitute a Significant Subsidiary; 
  
 (iii)
orders the liquidation of the Company or any of its Significant Subsidiaries or any group of Subsidiaries that, taken as a whole, would constitute a Significant Subsidiary; and the order or decree remains unstayed and in effect for 60 consecutive
days; or 
  
 (j) so long as the Security
Documents have not otherwise been terminated in accordance with their terms or the Collateral as a whole has not otherwise been released from the Lien of the Security Documents in accordance with the terms thereof, (a) a default by the Company or
any Guarantor which is a Significant Subsidiary in the performance of the Security Documents which materially and adversely affects the enforceability, validity, perfection or priority of the Lien granted to the Collateral Agent for the benefit of
the Notes Secured Creditors on the Collateral, in each case taken as a whole, (b) a repudiation or disaffirmation by the Company or any Guarantor that is a Significant Subsidiary of its material obligations owed to the Notes Secured Creditors under
the Security Documents or (c) the determination in a judicial proceeding that all or any material portion of the Security Documents for the benefit of the Notes Secured Creditors, taken as a whole, are unenforceable or invalid against the Company or
any Guarantor that is a Significant Subsidiary for any reason. 
  
 Section 6.02
Acceleration. 
  
 If any Event of Default (other than an
Event of Default specified in clause (h) or (i) of Section 6.01 hereof with respect to the Company) occurs and is continuing, the Trustee (upon request of the Holders of at least 25% in principal amount at maturity of the Notes then outstanding) or
the Holders of at least 25% in principal amount at maturity of the then outstanding Notes may declare the Accreted Value of all Notes to be due and payable by notice in writing to the Company and the Trustee specifying the respective Event of
Default and that such notice is a “notice of acceleration” (the “Acceleration Notice”), and the same (a) shall become immediately due and payable or (b) if there are any amounts of First-Lien Obligations outstanding under
the Credit Agreement, shall become immediately due and payable upon the first to occur of an acceleration under the Credit Agreement or five Business Days after receipt by the Company and the representative of creditors holding First-Lien
Obligations under the Credit Agreement of such Acceleration Notice but only if such Event of Default is then continuing. Notwithstanding the foregoing, if an Event of Default specified in clause (h) or (i) of Section 6.01 hereof occurs with respect
to the Company, the Accreted Value of all outstanding Notes shall be due and payable immediately without further action or notice. 
  
 The Holders of the Notes may not enforce this Indenture or the Notes except as provided in this Indenture. Subject to certain limitations, the Holders of
a majority in principal amount at maturity of the then outstanding Notes may direct the Trustee in its exercise of any trust or power. The Trustee may withhold from the Holders of the Notes notice of any continuing Default 

  

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or Event of Default (except a Default or Event of Default relating to the payment of principal or interest or Liquidated Damages, if any,) if it determines
that withholding notice is in the interest of the Holders of the Notes. 
  
 The Holders of a majority in aggregate principal amount at maturity of the then outstanding Notes by written notice to the Trustee may on behalf of all of the Holders rescind an acceleration and its consequences if the rescission would not
conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal, interest or premium, if any, that has become due solely because of the acceleration) have been cured or waived. 
  
 The Issuers shall deliver to the Trustee annually a statement regarding
compliance with this Indenture. Upon becoming aware of any Default or Event of Default, the Issuers shall deliver to the Trustee a statement specifying such Default or Event of Default. 
  
 Section 6.03 Other Remedies. 
  
 If an Event of Default occurs and is continuing, the Trustee may pursue any available remedy to collect the payment of principal, premium, if any, and
interest on the Notes or to enforce the performance of any provision of the Notes or this Indenture. 
  
 The Trustee may maintain a proceeding even if it does not possess any of the Notes or does not produce any of them in the proceeding. A delay or omission
by the Trustee or any Holder of a Note in exercising any right or remedy accruing upon an Event of Default shall not impair the right or remedy or constitute a waiver of or acquiescence in the Event of Default. All remedies are cumulative to the
extent permitted by law. 
  
 Section 6.04 Waiver of Past Defaults.

  
 Holders of not less than a majority in aggregate principal
amount at maturity of the then outstanding Notes by notice to the Trustee may on behalf of the Holders of all of the Notes waive an existing Default or Event of Default and its consequences hereunder, except a continuing Default or Event of Default
in the payment of interest or Liquidated Damages, if any, on, or the principal of, the Notes (including in connection with an offer to purchase) (provided, however, that the Holders of a majority in aggregate principal amount at
maturity of the then outstanding Notes may rescind an acceleration and its consequences, including any related payment default that resulted from such acceleration). Upon any such waiver, such Default shall cease to exist, and any Event of Default
arising therefrom shall be deemed to have been cured for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other Default or impair any right consequent thereon. 
  
 Section 6.05 Control by Majority. 
  
 Holders of a majority in principal amount at maturity of the then
outstanding Notes may direct the time, method and place of conducting any proceeding for exercising any remedy available to the Trustee or exercising any trust or power conferred on it. However, the Trustee may refuse to follow any direction that
conflicts with law or this Indenture that the Trustee determines may be unduly prejudicial to the rights of other Holders of Notes or that may involve the Trustee in personal liability. 
  

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 Section 6.06 Limitation on Suits. 
  
 A Holder of a Note may pursue a remedy with respect to this Indenture or the Notes only if: 
  
 (a) the Holder of a Note gives to the Trustee written notice
of a continuing Event of Default; 
  
 (b) the
Holders of at least 25% in principal amount at maturity of the then outstanding Notes make a written request to the Trustee to pursue the remedy; 
  
 (c) such Holder of a Note or Holders of Notes offer and, if requested, provide to the Trustee indemnity satisfactory to the Trustee
against any loss, liability or expense; 
  
 (d)
the Trustee does not comply with the request within 60 days after receipt of the request and the offer and, if requested, the provision of indemnity; and 
  
 (e) during such 60-day period the Holders of a majority in principal amount at maturity of the then outstanding Notes do not give the
Trustee a direction inconsistent with the request. 
  
 A Holder of
a Note may not use this Indenture to prejudice the rights of another Holder of a Note or to obtain a preference or priority over another Holder of a Note (it being understood that the Trustee does not have an affirmative duty to ascertain whether or
not such actions or forbearances are unduly prejudicial to such Holder). 
  
 Section 6.07 Rights of Holders of Notes to Receive Payment. 
  
 Notwithstanding any other provision of this Indenture, the right of any Holder of a Note to receive payment of principal, premium, if any, and Liquidated Damages, if any, and interest on the Note, on or after the
respective due dates expressed in the Note (including in connection with an offer to purchase), or to bring suit for the enforcement of any such payment on or after such respective dates, shall not be impaired or affected without the consent of such
Holder. 
  
 Section 6.08 Collection Suit by Trustee. 
  
 If an Event of Default specified in Section 6.01(a) or (b) hereof occurs and
is continuing, the Trustee is authorized to recover judgment in its own name and as trustee of an express trust against the Issuers for the whole amount of principal of, premium, if any, and Liquidated Damages, if any, and interest remaining unpaid
on the Notes and interest on overdue principal and, to the extent lawful, interest and such further amount as shall be sufficient to cover the costs and expenses of collection, including the reasonable compensation and expenses of the Trustee, its
agents and counsel. 
  
 Section 6.09 Trustee May File Proofs of Claim.

  
 The Trustee is authorized to file such proofs of claim and
other papers or documents as may be necessary or advisable in order to have the claims of the Trustee (including any claim for 

  

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the reasonable compensation and expenses of the Trustee, its agents and counsel) and the Holders of the Notes allowed in any judicial proceedings relative to
the Company (or any other obligor upon the Notes), its creditors or its property and shall be entitled and empowered to collect, receive and distribute any money or other property payable or deliverable on any such claims and any custodian in any
such judicial proceeding is hereby authorized by each Holder to make such payments to the Trustee, and in the event that the Trustee shall consent to the making of such payments directly to the Holders, to pay to the Trustee any amount due to it for
the reasonable compensation and expenses of the Trustee, its agents and counsel, and any other amounts due the Trustee under Section 7.07 hereof. To the extent that the payment of any such compensation and expenses of the Trustee, its agents and
counsel, and any other amounts due the Trustee under Section 7.07 hereof out of the estate in any such proceeding, 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, money, securities and other properties that the Holders may be entitled to receive in such proceeding whether in liquidation or under any plan of reorganization or arrangement or otherwise. Nothing herein contained shall be
deemed to authorize the Trustee to authorize or consent to or accept or adopt on behalf of any Holder any plan of reorganization, arrangement, adjustment or composition affecting the Notes or the rights of any Holder, or to authorize the Trustee to
vote in respect of the claim of any Holder in any such proceeding. 
  
 Section
6.10 Priorities. 
  
 If the Trustee collects any money
pursuant to this Article, it shall pay out the money in the following order: 
  
 First: to the Trustee, its agents and attorneys for amounts due under Section 7.07 hereof, including payment of all compensation, expense and liabilities incurred, and all advances made, by the Trustee and the
costs and expenses of collection; 
  
 Second: to Holders of Notes for amounts due and unpaid on the Notes for principal and premium, if any, and Liquidated Damages, if any, and interest, ratably, without preference or priority of any kind, according to the amounts due
and payable on the Notes for principal, premium, if any, and Liquidated Damages, if any and interest, respectively; and 
  
 Third: to the Issuers or to such party as a court of competent jurisdiction shall direct. 
  
 The Trustee may fix a record date and payment date for any payment to Holders
of Notes pursuant to this Section 6.10. 
  
 Section 6.11 Undertaking for
Costs. 
  
 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 or omitted by it as a Trustee, a court in its discretion may require the filing by any party litigant in the suit of an undertaking to pay the costs of the suit, and
the court in its discretion may assess reasonable costs, including reasonable attorneys’ fees and expenses, against any party litigant in the suit, having due regard to the merits and good faith of the claims or defenses made by the party
litigant. This Section 6.11 does not apply to a suit by 

  

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the Trustee, a suit by a Holder of a Note pursuant to Section 6.07 hereof, or a suit by Holders of more than 10% in principal amount at maturity of the then
outstanding Notes. 
  
 ARTICLE 7 
  
 TRUSTEE 
  
 Section 7.01 Duties of Trustee. 
  
 (a) If an Event of Default has occurred and is continuing, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, and
use the same degree of care and skill in its exercise, as a prudent person would exercise or use under the circumstances in the conduct of such person’s own affairs. 
  
 (b) Except during the continuance of an Event of Default: 
  
 (i) the duties of the Trustee shall be determined solely by the express provisions of this Indenture and the
Trustee need perform only those duties that are specifically set forth in this Indenture and no others, and no implied covenants or obligations shall be read into this Indenture against the Trustee; and 
  
 (ii) in the absence of bad faith on its part, the Trustee
may conclusively rely, without investigation, as to the truth of the statements and the correctness of the opinions expressed therein, upon certificates or opinions furnished to the Trustee and conforming to the requirements of this Indenture.
However, in the case of any certificates or opinions which by any provision hereof are specifically required to be furnished to the Trustee, the Trustee shall examine the certificates and opinions to determine whether or not they conform to the
requirements of this Indenture (but need not confirm or investigate the accuracy of mathematical calculations or other facts stated therein). 
  
 (c) The Trustee may not be relieved from liabilities for its own negligent action, its own negligent failure to act, or its own willful misconduct, except
that: 
  
 (i) this paragraph does not limit the
effect of paragraph (b) of this Section; 
  
 (ii)
the Trustee shall not be liable for any error of judgment made in good faith by a Responsible Officer, unless it is proved that the Trustee was negligent in ascertaining the pertinent facts; and 
  
 (iii) the Trustee shall not be liable with respect to any
action it takes or omits to take in good faith in accordance with a direction received by it pursuant to Section 6.05 hereof. 
  
 (d) Whether or not therein expressly so provided, every provision of this Indenture that in any way relates to the Trustee is subject to paragraphs (a),
(b), and (c) of this Section. 
  
 (e) No provision of this
Indenture shall require the Trustee to expend or risk its own funds or otherwise incur any liability. The Trustee shall be under no obligation to exercise any 

  

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of its rights and powers under this Indenture at the request of any Holders, unless such Holder shall have offered to the Trustee security and indemnity
satisfactory to it against any loss, liability or expense. 
  
 (f)
The Trustee shall not be liable for interest on any money received by it except as the Trustee may agree in writing with the Issuers. Money held in trust by the Trustee need not be segregated from other funds except to the extent required by law.

  
 Section 7.02 Rights of Trustee. 
  
 (a) The Trustee may conclusively rely upon any document believed by it to be
genuine and to have been signed or presented by the proper Person. The Trustee need not investigate any fact or matter stated in the document. 
  
 (b) Before the Trustee acts or refrains from acting, it may require an Officers’ Certificate or an Opinion of Counsel or both pursuant to Sections
12.04 and 12.05 hereof. The Trustee shall not be liable for any action it takes or omits to take in good faith in reliance on such Officers’ Certificate or Opinion of Counsel. 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 from liability in respect of any action taken, suffered or omitted by it hereunder in good faith and in reliance thereon. 
  
 (c) The Trustee may act through its agents, attorneys, accountants, experts
and such other professionals as the Trustee deems necessary, advisable or appropriate and shall not be responsible for the misconduct or negligence of any agent appointed with due care. 
  
 (d) The Trustee shall not be liable for any action it takes or omits to take in good faith that it believes to be authorized
or within the rights or powers conferred upon it by this Indenture. 
  
 (e) Unless otherwise specifically provided in this Indenture, any demand, request, direction or notice from the Issuers shall be sufficient if signed by an Officer of the Issuers. 
  
 (f) The Trustee shall be under no obligation to exercise any of the rights or
powers vested in it by this Indenture at the request or direction of any of the Holders unless such Holders shall have offered to the Trustee security or indemnity satisfactory to it against the costs, expenses and liabilities that might be incurred
by it in compliance with such request or direction. 
  
 (g) The
Trustee shall not be bound to may any investigation into the facts or matters stated in any resolution, certificate, statement, instrument, opinion, report, notice, request, direction, consent, order, bond, debenture, note, other evidence of
indebtedness or other paper or document, but the Trustee, in its discretion, may make such further inquiry or investigation into such facts or matters as it may see fit, and, if the Trustee shall determine to make such further inquiry or
investigation, it shall be entitled to examine the books, records and premises of the Issuers, personally or by agent or attorney at the sole cost of the Issuers and shall incur no liability or additional liability of any kind by reason of such
inquiry or investigation. 
  

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 (h) The Trustee shall not be deemed to have notice of any Default or Event of Default unless a
Responsible Officer of the Trustee has actual knowledge thereof or unless written notice of any event which is in fact such a default is received by the Trustee at the Corporate Trust Officer of the Trustee, and such notice references the securities
and this Indenture; and 
  
 (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, and to each agent, custodian and
other Person employed to act hereunder. 
  
 (j) 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; 
  
 (k) the Trustee
may request that the Company deliver an Officers’ Certificate in the form of Exhibit G setting forth the names of individuals and/or titles of officers authorized at such time to take specified actions pursuant to this Indenture, which
Officers’ Certificate may be signed by any person authorized to sign an Officers’ Certificate, including any person specified as so authorized in any such certificate previously delivered and not superseded. 
  
 Section 7.03 Individual Rights of Trustee. 
  
 The Trustee in its individual or any other capacity may become the owner or
pledgee of Notes and may otherwise deal with the Issuers or any Affiliate of the Issuers with the same rights it would have if it were not Trustee. However, in the event that the Trustee acquires any conflicting interest, it must eliminate such
conflict within 90 days, apply to the SEC for permission to continue as trustee or resign. Any Agent may do the same with like rights and duties. The Trustee is also subject to Sections 7.10 and 7.11 hereof. 
  
 Section 7.04 Trustee’s Disclaimer. 
  
 The Trustee shall not be responsible for and makes no representation as to
the validity or adequacy of this Indenture or the Notes, it shall not be accountable for the Issuers’ use of the proceeds from the Notes or any money paid to the Issuers or upon the Issuers’ direction under any provision of this Indenture,
it shall not be responsible for the use or application of any money received by any Paying Agent other than the Trustee, and it shall not be responsible for any statement or recital herein or any statement in the Notes or any other document in
connection with the sale of the Notes or pursuant to this Indenture other than its certificate of authentication. 
  
 Section 7.05 Notice of Defaults. 
  
 If a Default or Event of Default occurs and is continuing and if it is actually known to a Responsible Officer the Trustee, the Trustee shall mail to
Holders of Notes a notice of the Default or Event of Default within 90 days after it occurs. Except in the case of a Default or Event of Default in payment of principal of, premium, if any, or interest on any Note, the Trustee may withhold the
notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of the Holders of the Notes. 
  

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 Section 7.06 Reports by Trustee to Holders of the Notes. 
  
 Within 60 days after each May 15 beginning with the May 15 following the
date of this Indenture, and for so long as Notes remain outstanding, the Trustee shall mail to the Holders of the Notes a brief report dated as of such reporting date that complies with TIA § 313(a) (but if no event described in TIA §
313(a) has occurred within the twelve months preceding the reporting date, no report need be transmitted). The Trustee also shall comply with TIA §§ 313(b)(1) and 313(b)(2). The Trustee shall also transmit by mail all reports as required
by TIA § 313(c). 
  
 A copy of each report at the time of its
mailing to the Holders of Notes shall be mailed to the Issuers and filed with the SEC and each stock exchange on which the Notes are listed in accordance with TIA § 313(d). The Issuers shall promptly notify the Trustee in writing when the Notes
are listed on any stock exchange and of any delisting thereof. 
  
 Section 7.07
Compensation and Indemnity. 
  
 The Issuers shall pay to
the Trustee from time to time such compensation as the Trustee and the Issuers shall agree in writing for its acceptance of this Indenture and services hereunder. The Trustee’s compensation shall not be limited by any law on compensation of a
trustee of an express trust. The Issuers shall reimburse the Trustee promptly upon request for all reasonable expenses incurred or made by it in addition to the compensation for its services. Such expenses shall include the reasonable expenses of
the Trustee’s agents and counsel. 
  
 The Issuers shall
indemnify the Trustee or any predecessor Trustee and their agents for, and to hold them harmless against any and all losses, damages, claims, liabilities or expenses including taxes (other than taxes based upon, measured by or determined by the
income of the Trustee) incurred by it arising out of or in connection with the acceptance or administration of its duties under this Indenture, including the costs and expenses of enforcing this Indenture against the Issuers (including this Section
7.07) and defending itself against any claim (whether asserted by the Issuers or any Holder or any other person) or liability in connection with the exercise or performance of any of its powers or duties hereunder, except to the extent any such
loss, damage, claim, liability or expense may be attributable to its negligence or bad faith. The Trustee shall notify the Issuers promptly of any claim for which it may seek indemnity. Failure by the Trustee to so notify the Issuers shall not
relieve the Issuers of its obligations hereunder. The Issuers shall defend the claim and the Trustee shall cooperate in the defense. The Trustee may have separate counsel and the Issuers shall pay the reasonable fees and expenses of such counsel.
The Issuers need not pay for any settlement made without its consent, which consent shall not be unreasonably withheld. 
  
 The obligations of the Issuers under this Section 7.07 shall survive the satisfaction and discharge of this Indenture. 
  
 To secure the Issuers’ payment obligations in this Section, the Trustee
shall have a Lien prior to the Notes on all money or property held or collected by the Trustee, except that held in trust to pay principal and interest on particular Notes. Such Lien shall survive the satisfaction and discharge of this Indenture.

  

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 When the Trustee incurs expenses or renders services after an Event of Default specified in Section
6.01(h) or (i) hereof occurs, the expenses and the compensation for the services (including the fees and expenses of its agents and counsel) are intended to constitute expenses of administration under any Bankruptcy Law. 
  
 The Trustee shall comply with the provisions of TIA § 313(b)(2) to the
extent applicable. 
  
 Section 7.08 Replacement of Trustee. 
  
 A resignation or removal of the Trustee and appointment of a successor
Trustee shall become effective only upon the successor Trustee’s acceptance of appointment as provided in this Section. 
  
 The Trustee may resign in writing at any time and be discharged from the trust hereby created by so notifying the Issuers. The Holders of a majority in
principal amount at maturity of the then outstanding Notes may remove the Trustee by so notifying the Trustee and the Issuers in writing. The Issuers may remove the Trustee if: 
  
 (a) the Trustee fails to comply with Section 7.10 hereof; 
  
 (b) the Trustee is adjudged a bankrupt or an insolvent or an
order for relief is entered with respect to the Trustee under any Bankruptcy Law; 
  
 (c) a custodian or public officer takes charge of the Trustee or its property; or 
  
 (d) the Trustee becomes incapable of acting in the
reasonable judgment of the Company. 
  
 If the Trustee resigns or
is removed or if a vacancy exists in the office of Trustee for any reason, the Issuers shall promptly appoint a successor Trustee. 
  
 If a successor Trustee does not take office within 60 days after the retiring Trustee resigns or is removed, the retiring Trustee, the Issuers, or the
Holders of at least 10% in principal amount at maturity of the then outstanding Notes may petition any court of competent jurisdiction for the appointment of a successor Trustee, at the expense of the Issuers. 
  
 If the Trustee, after written request by any Holder who has been a Holder for
at least six months, fails to comply with Section 7.10 hereof, such Holder may petition any court of competent jurisdiction for the removal of the Trustee and the appointment of a successor Trustee. 
  
 A successor Trustee shall deliver a written acceptance of its appointment to
the retiring Trustee and to the Issuers. Thereupon, the resignation or removal of the retiring Trustee shall become effective, and the successor Trustee shall have all the rights, powers and duties of the Trustee under this Indenture. The successor
Trustee shall mail a notice of its succession to Holders. The retiring Trustee shall promptly transfer all property held by it as Trustee to the successor Trustee, provided all sums owing to the Trustee hereunder have been paid and subject to the
Lien provided for in Section 7.07 hereof. Notwithstanding replacement of the Trustee pursuant 

  

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to this Section 7.08, the Issuers’ obligations under Section 7.07 hereof shall continue for the benefit of the retiring Trustee. 
  
 Section 7.09 Successor Trustee by Merger, etc. 
  
 If the Trustee consolidates, merges or converts into, or transfers all or
substantially all of its corporate trust business to, another corporation or national association, the successor corporation or national association without any further act shall be the successor Trustee. 
  
 Section 7.10 Eligibility; Disqualification. 
  
 There shall at all times be a Trustee hereunder that is a corporation
organized and doing business under the laws of the United States of America or of any state thereof that is authorized under such laws to exercise corporate trustee power, that is subject to supervision or examination by federal or state authorities
and that has a combined capital and surplus of at least $50 million as set forth in its most recent published annual report of condition. 
  
 This Indenture shall always have a Trustee who satisfies the requirements of TIA § 310(a)(1), (2) and (5). The Trustee is subject to TIA §
310(b). 
  
 Section 7.11 Preferential Collection of Claims Against Issuers.

  
 The Trustee is subject to TIA § 311(a), excluding any
creditor relationship listed in TIA § 311(b). A Trustee who has resigned or been removed shall be subject to TIA § 311(a) to the extent indicated therein. 
  
 ARTICLE 8 
  
 LEGAL DEFEASANCE AND COVENANT DEFEASANCE 
  
 Section 8.01 Option to Effect Legal Defeasance or Covenant Defeasance. 
  
 The Issuers may, at the option of the Management Committee or Board of Directors, as applicable, evidenced by a resolution set forth in an Officers’
Certificate, at any time, elect to have either Section 8.02 or 8.03 hereof be applied to all outstanding Notes and Guarantees upon compliance with the conditions set forth below in this Article 8. 
  
 Section 8.02 Legal Defeasance and Discharge. 
  
 Upon the Issuers’ exercise under Section 8.01 hereof of the option
applicable to this Section 8.02, the Issuers and the Guarantors shall, subject to the satisfaction of the conditions set forth in Section 8.04 hereof, be deemed to have all its obligations discharged with respect to the outstanding Notes and
Guarantees on the date the conditions set forth below are satisfied (hereinafter, “Legal Defeasance”). For this purpose, Legal Defeasance means that the Issuers and each Guarantor shall be deemed to have paid and discharged the
entire Indebtedness represented by the outstanding Notes and Guarantees, which shall thereafter be deemed to be “outstanding” only for the purposes of Section 8.05 hereof and the other Sections of this Indenture referred to in (a) and (b)
below, and to have satisfied all its other obligations under such Notes, Guarantees 

  

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and this Indenture (and the Trustee, on demand of and at the expense of the Issuers, shall execute proper instruments acknowledging the same), except for the
following provisions which shall survive until otherwise terminated or discharged hereunder: (a) the rights of Holders of outstanding Notes to receive solely from the trust fund described in Section 8.04 hereof, and as more fully set forth in such
Section, payments in respect of the principal of or interest or premium, if any, and Liquidated Damages, if any, on such Notes when such payments are due, (b) the Issuers’ obligations with respect to such Notes under Article 2 and Section 4.02
hereof, (c) the rights, powers, trusts, duties and immunities of the Trustee hereunder and the Issuers’ and Guarantor’s obligations in connection therewith and (d) this Article Eight. Subject to compliance with this Article Eight, the
Issuers may exercise their option under this Section 8.02 notwithstanding the prior exercise of their option under Section 8.03 hereof. 
  
 Section 8.03 Covenant Defeasance. 
  
 Upon the Issuers’ exercise under Section 8.01 hereof of the option applicable to this Section 8.03, the Issuers and each Guarantor shall, subject to
the satisfaction of the conditions set forth in Section 8.04 hereof, be released from their obligations under the covenants contained in Sections 4.07, 4.08, 4.09, 4.10, 4.11, 4.12, 4.13, 4.15, 4.17, 4.18, 4.19, 4.20, 4.21, 4.22 and 4.23 hereof and
clause (iv) of Section 5.01 hereof with respect to the outstanding Notes on and after the date the conditions set forth in Section 8.04 hereof are satisfied (hereinafter, “Covenant Defeasance”), and the Notes and Guarantees shall
thereafter be deemed not “outstanding” for the purposes of any direction, waiver, consent or declaration or act of Holders (and the consequences of any thereof) in connection with such covenants, but shall continue to be deemed
“outstanding” for all other purposes hereunder (it being understood that such Notes and Guarantees shall not be deemed outstanding for accounting purposes). For this purpose, Covenant Defeasance means that, with respect to the outstanding
Notes and Guarantees, the Issuers and the Guarantors may omit to comply with and shall have no liability in respect of any term, condition or limitation set forth in any such covenant, whether directly or indirectly, by reason of any reference
elsewhere herein to any such covenant or by reason of any reference in any such covenant to any other provision herein or in any other document and such omission to comply shall not constitute a Default or an Event of Default under Section 6.01
hereof, but, except as specified above, the remainder of this Indenture and such Notes and Guarantees shall be unaffected thereby. In addition, upon the Issuers’ exercise under Section 8.01 hereof of the option applicable to this Section 8.03
hereof, subject to the satisfaction of the conditions set forth in Section 8.04 hereof, Sections 6.01(c) through 6.01(f) and 6.01(i) hereof shall not constitute Events of Default. 
  
 Section 8.04 Conditions to Legal or Covenant Defeasance. 
  
 The following shall be the conditions to the application of either Section 8.02 or 8.03 hereof to the outstanding Notes and
the Guarantees: 
  
 In order to exercise either Legal Defeasance
or Covenant Defeasance: 
  
 (a) the Issuers must
irrevocably deposit with the Trustee, in trust, for the benefit of the Holders of the Notes, cash in United States dollars, non-callable Government Securities, or a combination thereof, in such amounts as will be sufficient, in the opinion of a
nationally recognized firm of independent public accountants, to pay the 

  

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principal of, or interest and premium, if any, and Liquidated Damages, if any, on the outstanding Notes on the stated maturity or on the applicable
redemption date, as the case may be, and the Issuers must specify whether the Notes are being defeased to maturity or to a particular redemption date; 
  
 (b) in the case of an election under Section 8.02 hereof, the Issuers shall have delivered to the Trustee an Opinion of Counsel in the
United States reasonably acceptable to the Trustee confirming that (A) the Issuers have received from, or there has been published by, the Internal Revenue Service a ruling or (B) since the date of this Indenture, there has been a change in the
applicable federal income tax law, in either case to the effect that, and based thereon such Opinion of Counsel shall confirm that, the Holders of the outstanding Notes will not recognize income, gain or loss for federal income tax purposes as a
result of such Legal Defeasance and will be subject to federal income tax on the same amounts, in the same manner and at the same times as would have been the case if such Legal Defeasance had not occurred; 
  
 (c) in the case of an election under Section 8.03 hereof,
the Issuers shall have delivered to the Trustee an Opinion of Counsel in the United States reasonably acceptable to the Trustee confirming that the Holders of the outstanding Notes will not recognize income, gain or loss for federal income tax
purposes as a result of such Covenant Defeasance and will be subject to 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; 
  
 (d) no Default or Event of Default shall have occurred and
be continuing on the date of such deposit (other than a Default or Event of Default resulting from the incurrence of Indebtedness all or a portion of the proceeds of which will be used to defease the Notes pursuant to this Article Eight concurrently
with such incurrence) or insofar as Sections 6.01(h) or 6.01(i) hereof is concerned, at any time in the period ending on the 91st day after the date of deposit; 
  
 (e) such Legal Defeasance or Covenant Defeasance shall not result in a breach or violation of, or constitute
a default under, any material agreement or instrument (other than this Indenture) to which the Company or any of its Restricted Subsidiaries is a party or by which the Company or any of its Restricted Subsidiaries is bound; 
  
 (f) the Issuers shall have delivered to the Trustee an
Opinion of Counsel (which may be subject to customary exceptions) to the effect that, assuming no intervening bankruptcy of the Issuers or any Guarantor between the date of deposit and the 91st day following the deposit and assuming that no Holder
is an “insider” of the Company or Capital under applicable bankruptcy law, after the 91st day following the deposit, the trust funds will not be subject to the effect of any applicable bankruptcy, insolvency, reorganization or similar laws
affecting creditors’ rights generally; 
  
 (g) the Issuers shall have delivered to the Trustee an Officers’ Certificate stating that the deposit was not made by the Issuers with the intent of preferring the Holders 

  

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of Notes over any other creditors of the Issuers or with the intent of defeating, hindering, delaying or defrauding creditors of the Issuers or others; and

  
 (h) the Issuers shall have delivered to the
Trustee an Officers’ Certificate and an Opinion of Counsel, each stating that all conditions precedent provided for or relating to the Legal Defeasance or the Covenant Defeasance have been complied with. 
  
 Section 8.05 Deposited Money and Government Securities to be Held in Trust; Other
Miscellaneous Provisions. 
  
 Subject to Section 8.06 hereof,
all money and non-callable Government Securities (including the proceeds thereof) deposited with the Trustee (or other qualifying trustee, collectively for purposes of this Section 8.05, the “Trustee”) pursuant to Section 8.04
hereof in respect of the outstanding Notes shall be held in trust and applied by the Trustee, in accordance with the provisions of such Notes and this Indenture, to the payment, either directly or through any Paying Agent (including the Company or
any of its Restricted Subsidiaries acting as Paying Agent) as the Trustee may determine, to the Holders of such Notes of all sums due and to become due thereon in respect of principal, premium, if any, and interest, but such money need not be
segregated from other funds except to the extent required by law. 
  
 The Issuers shall pay and indemnify the Trustee against any tax, fee or other charge imposed on or assessed against the cash or non-callable Government Securities deposited pursuant to Section 8.04 hereof or the principal and interest
received in respect thereof other than any such tax, fee or other charge which by law is for the account of the Holders of the outstanding Notes. 
  
 Anything in this Article Eight to the contrary notwithstanding, the Trustee shall deliver or pay to the Issuers from time to time upon the written request
of the Issuers any money or non-callable Government Securities held by it as provided in Section 8.04 hereof which, in the opinion of a nationally recognized firm of independent public accountants expressed in a written certification thereof
delivered to the Trustee (which may be the opinion delivered under Section 8.04(a) hereof), are in excess of the amount thereof that would then be required to be deposited to effect an equivalent Legal Defeasance or Covenant Defeasance. 

 
 Section 8.06 Repayment to Issuers. 
  
 Any money deposited with the Trustee or any Paying Agent, or then held by
the Issuers, in trust for the payment of the principal of, premium, if any, or interest on any Note and remaining unclaimed for two years after such principal, and premium, if any, or interest has become due and payable shall be paid to the Issuers
on its written request or (if then held by the Issuers) shall be discharged from such trust; and the Holder of such Note shall thereafter look only to the Issuers for payment thereof, and all liability of the Trustee or such Paying Agent with
respect to such trust money, and all liability of the Issuers as trustee thereof, shall thereupon cease; provided, however, that the Trustee or such Paying Agent, before being required to make any such repayment, may at the expense and
upon the direction of the Issuers cause to be published once, in the New York Times and The Wall Street Journal (national edition), notice that such money remains unclaimed and that, after a date specified therein, which shall not be less than 30
days from the 

  

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date of such notification or publication, any unclaimed balance of such money then remaining will be repaid to the Issuers. 
  
 Section 8.07 Reinstatement. 
  
 If the Trustee or Paying Agent is unable to apply any United States dollars
or non-callable Government Securities in accordance with Section 8.02 or 8.03 hereof, as the case may be, by reason of any order or judgment of any court or governmental authority enjoining, restraining or otherwise prohibiting such application,
then the Issuers’ obligations under this Indenture and the Notes shall be revived and reinstated as though no deposit had occurred pursuant to Section 8.02 or 8.03 hereof until such time as the Trustee or Paying Agent is permitted to apply all
such money in accordance with Section 8.02 or 8.03 hereof, as the case may be; provided, however, that, if the Issuers make any payment of principal of, premium, if any, or interest on any Note following the reinstatement of its
obligations, the Issuers shall be subrogated to the rights of the Holders of such Notes to receive such payment from the money held by the Trustee or Paying Agent. 
  
 Section 8.08 Satisfaction and Discharge 
  
 This Indenture will be discharged and will cease to be of further effect as to all Notes issued under it, when the Issuers or any Guarantor have paid or
caused to be paid all sums payable by it under this Indenture and: 
  
 (1) all Notes that have been authenticated—except lost, stolen or destroyed Notes that have been replaced or paid and Notes for whose payment money has theretofore been deposited in trust and thereafter repaid to the Issuers—have
been delivered to the Trustee for cancellation; or 
  
 (2) the
following three conditions have been met: 
  
 (a) (1) all Notes
that have not been delivered to the Trustee for cancellation have become due and payable by reason of the making of a notice of redemption or otherwise or will become due and payable within one year and (2) the Issuers or any Guarantor has
irrevocably deposited or caused to be deposited with the Trustee as trust funds in trust solely for the benefit of the Holders. The trust funds shall be cash in U.S. dollars, non-callable Government Securities, or a combination of them, in amounts
as will be sufficient without consideration of any reinvestment of interest, to pay and discharge the entire indebtedness on the Notes not delivered to the Trustee for cancellation for principal, premium and Liquidated Damages, if any, and accrued
interest to the date of maturity or redemption; 
  
 (b) no Default
or Event of Default shall have occurred and be continuing on the date of the deposit or shall occur as a result of the deposit and the deposit will not result in a breach or violation of, or constitute a default under, any other instrument to which
any of the Issuers or any Guarantor is a party or by which any of the Issuers or any Guarantor is bound; and 
  
 (c) the Issuers have delivered irrevocable instructions to the Trustee under this Indenture to apply the deposited money toward the payment of the Notes
at maturity or the redemption date, as the case may be. 
  

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 In addition, the Issuers must deliver an Officers’ Certificate and an Opinion of Counsel to the
Trustee stating that all conditions precedent to satisfaction and discharge have been satisfied. 
  
 ARTICLE 9 
  
 AMENDMENT, SUPPLEMENT AND WAIVER 
  
 Section 9.01 Without
Consent of Holders of Notes. 
  
 Notwithstanding Section 9.02
of this Indenture, the Issuers, the Guarantors and the Trustee may amend or supplement this Indenture, the Guarantees, the Security Documents or the Notes without the consent of any Holder of a Note: 
  
 (a) to cure any ambiguity, defect or inconsistency;

  
 (b) to provide for uncertificated Notes in
addition to or in place of certificated Notes; 
  
 (c) to provide for the assumption of the Company’s, Capital’s or any Guarantor’s obligations to the Holders of the Notes in the case of a merger or consolidation or sale of all or substantially all of the Company’s,
Capital’s or such Guarantor’s assets; 
  
 (d) to make any change that would provide any additional rights or benefits to the Holders of the Notes or that does not adversely affect the legal rights hereunder of any Holder of the Note; 
  
 (e) to comply with requirements of the SEC in order to
effect or maintain the qualification of this Indenture under the TIA; 
  
 (f) to provide for the issuance of Additional Notes in accordance with the limitations set forth in this Indenture as of the date hereof; 
  
 (g) to allow any Guarantor to execute a supplemental indenture and/or a Guarantee with respect to the Notes;

  
 (h) to allow the Trustee, the Issuers and the
Guarantors to set forth or clarify the procedures for the issuance of any Additional Notes under this Indenture; or 
  
 (i) to release, modify or supplement the Notes Secured Creditors’ Lien or execute other intercreditor, subordination or further
assurances agreements with respect to Collateral in accordance with the terms and conditions set forth in this Indenture and under the Security Documents. 
  
 Upon the request of the Issuers accompanied by a resolution of its Management Committee or Board of Directors, as applicable, authorizing the execution of
any such amended or supplemental Indenture, and upon receipt by the Trustee of the documents described in Section 9.06 hereof, the Trustee shall join with the Issuers and the Guarantors in the execution of any amended or supplemental Indenture
authorized or permitted by the terms of this Indenture and to 

  

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make any further appropriate agreements and stipulations that may be therein contained, but the Trustee shall not be obligated to enter into such amended or
supplemental Indenture that affects its own rights, duties or immunities under this Indenture or otherwise. 
  
 Section 9.02 With Consent of Holders of Notes. 
  
 Except as provided below in this Section 9.02, the Issuers and the Trustee may amend or supplement this Indenture (including Section 3.09, 4.10 and 4.15 hereof), the Guarantees and the Notes with the consent of the
Holders of at least a majority in principal amount at maturity of the Notes then outstanding (including, without limitation, consents obtained in connection with a purchase of, or tender offer or exchange offer for, Notes), and, subject to Sections
6.04 and 6.07 hereof, any existing Default or Event of Default (other than a Default or Event of Default in the payment of the principal of, premium, if any, or interest on the Notes, except a payment default resulting from an acceleration that has
been rescinded) or compliance with any provision of this Indenture, the Guarantees or the Notes may be waived with the consent of the Holders of a majority in principal amount at maturity of the then outstanding Notes (including consents obtained in
connection with a purchase of, or tender offer or exchange offer for, Notes). 
  
 Without the consent of the Holders of at least 66?% in aggregate principal amount of the Notes then outstanding (including consents obtained in connection with a purchase of, or tender offer or exchange offer for,
Notes), (a) no amendment may release from the Lien of this Indenture or the Notes and the Security Documents all or substantially all of the Collateral otherwise than in accordance with the terms of such Security Documents and (b) no waiver or
amendment to this Indenture or the Security Documents may alter the Priority of the Lien securing the Collateral in any manner that adversely affects the rights of any Holder of Notes. Section 2.08 hereof shall determine which Notes are considered
to be “outstanding” for purposes of this Section 9.02. 
  
 Upon the request of the Issuers accompanied by a resolution of its Management Committee or Board of Directors, as applicable, authorizing the execution of any such amended or supplemental Indenture, and upon the filing with the Trustee of
evidence satisfactory to the Trustee of the consent of the Holders of Notes as aforesaid, and upon receipt by the Trustee of the documents described in Section 9.06 hereof, the Trustee shall join with the Issuers in the execution of such amended or
supplemental Indenture unless such amended or supplemental Indenture directly 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 amended or supplemental Indenture. 
  
 It
shall not be necessary for the consent of the Holders of Notes under this Section 9.02 to approve the particular form of any proposed amendment or waiver, but it shall be sufficient if such consent approves the substance thereof. 
  
 After an amendment, supplement or waiver under this Section becomes
effective, the Issuers shall mail to the Holders of Notes affected thereby a notice briefly describing the amendment, supplement or waiver. Any failure of the Issuers to mail such notice, or any defect therein, shall not, however, in any way impair
or affect the validity of any such amended or supplemental Indenture or waiver. Subject to Sections 6.04 and 6.07 hereof, the Holders of a majority in aggregate 

  

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principal amount at maturity of the Notes then outstanding may waive compliance in a particular instance by the Issuers with any provision of this Indenture
or the Notes. However, without the consent of each Holder affected, an amendment or waiver under this Section 9.02 may not (with respect to any Notes held by a non-consenting Holder): 
  
 (a) reduce the principal amount of Notes whose Holders must consent to an amendment, supplement or waiver;

  
 (b) reduce the Accreted Value of or change
the fixed maturity of any Note or alter or waive any of the provisions with respect to the redemption of the Notes except as provided above with respect to Sections 4.10 and 4.15 hereof; 
  
 (c) reduce the rate of or change the time for accretion or principal or payment of interest, including
default interest, on any Note; 
  
 (d) waive a
Default or Event of Default in the payment of principal of or interest or premium, if any, or Liquidated Damages, if any, on the Notes (except a rescission of acceleration of the Notes by the Holders of at least a majority in aggregate principal
amount at maturity of the then outstanding Notes and a waiver of the payment default that resulted from such acceleration); 
  
 (e) make any Note payable in money other than that stated in the Notes; 
  
 (f) make any change in the provisions of this Indenture relating to the rights of Holders of Notes to
receive payments of principal of, or interest or premium, if any, or Liquidated Damages, if any, on the Notes; 
  
 (g) waive a redemption payment with respect to any Note except as provided above with respect to Sections 4.10 and 4.15 hereof;

  
 (h) release any Guarantor that is a
Significant Subsidiary from any of its obligations under its Guarantee or this Indenture otherwise than in accordance with the terms of this Indenture; or 
  
 (i) make any change in the foregoing amendment and waiver provisions. 
  
 Section 9.03 Compliance with Trust Indenture Act. 
  
 Every amendment or supplement to this Indenture or the Notes shall be set forth in a amended or supplemental Indenture that
complies with the TIA as then in effect. 
  
 Section 9.04 Revocation and Effect
of Consents. 
  
 Until an amendment, supplement or waiver
becomes effective, a consent to it by a Holder of a Note is a continuing consent by the Holder of a Note and every subsequent Holder of a Note or portion of a Note that evidences the same debt as the consenting Holder’s Note, even if notation
of the consent is not made on any Note. However, any such Holder of a Note or subsequent Holder of a Note may revoke the consent as to its Note if the Trustee receives written notice of 

  

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revocation before the date the waiver, supplement or amendment becomes effective. An amendment, supplement or waiver becomes effective in accordance with its
terms and thereafter binds every Holder. 
  
 Section 9.05 Notation on or
Exchange of Notes. 
  
 The Trustee may place an appropriate
notation about an amendment, supplement or waiver on any Note thereafter authenticated. The Issuers in exchange for all Notes may issue and the Trustee shall, upon receipt of an Authentication Order, authenticate new Notes that reflect the
amendment, supplement or waiver. 
  
 Failure to make the
appropriate notation or issue a new Note shall not affect the validity and effect of such amendment, supplement or waiver. 
  
 Section 9.06 Trustee to Sign Amendments, etc. 
  
 The Trustee shall sign any amended or supplemental Indenture authorized pursuant to this Article Nine if the amendment or supplement does not adversely
affect the rights, duties, liabilities or immunities of the Trustee. The Issuers may not sign an amendment or supplemental Indenture until the Management Committee or Board of Directors, as applicable, approves it. In executing any amended or
supplemental indenture, the Trustee shall receive and (subject to Section 7.01 hereof) shall be fully protected in conclusively relying upon, in addition to the documents required by Section 11.04 hereof, an Officers’ Certificate and an Opinion
of Counsel stating that the execution of such amended or supplemental indenture is authorized or permitted by this Indenture. 
  
 ARTICLE 10 
  
 COLLATERAL AND SECURITY DOCUMENTS 
  
 Section 10.01 Security Documents; Additional Collateral. 
  
 (a) In order to secure the due and punctual payment of the Notes and all other Obligations in respect of the Notes and this Indenture, and the other
amounts payable to the Trustee hereunder, the Issuers and the Guarantors shall, on the Issue Date, enter into the applicable Security Documents to create the Lien on the Collateral in favor of the Collateral Agent for the benefit of the Notes
Secured Creditors and to provide for certain related intercreditor matters. Any Guarantor shall, upon becoming a Guarantor, become a party to each applicable Security Document as shall be necessary or appropriate to grant and create a valid Lien on
and security interest in the personal property of such Guarantor of the type described in the definition of “Collateral” in the Security Agreement and, to the extent required by the Credit Agreement, all real property owned by such
Guarantor, in each case, subject to no Liens other than Permitted Liens. 
  
 (b) If at any time after the First-Lien Obligations Termination Date, the Issuers or any Guarantor acquires (i) in fee simple any real property with a fair market value in excess of $1.0 million or (ii) any leasehold
interest in any leasehold property with a fair market value in excess of $2.0 million, in either case as determined in good faith by the Company’s Board of Directors, the Company or such Guarantor shall grant to the Collateral Agent for the
benefit of the Notes 

  

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Secured Creditors a Mortgage on such real property; provided, that the Company or any such Guarantor shall not be required to so grant a Mortgage on
such real property to the extent that (1) such a grant is prohibited by the applicable lease (and the lessor thereunder or its mortgagees has not consented thereto) or (2) such a grant is prohibited by the terms of any document evidencing a prior
Lien thereon to the extent permitted hereunder. All such Mortgages shall be reasonably satisfactory in form and substance to the Trustee. In connection therewith, the Company shall deliver a Mortgage, title insurance policy, survey, legal opinion,
Uniform Commercial Code (“UCC”) fixture filings and other documents and instruments meeting the requirements of Section 7(i), (j), (k), (n), (o), (p), (q), (r), (s) and (t) of the Purchase Agreement, each in form and substance satisfactory
to Trustee, and pay all costs and expenses in connection therewith. 
  
 (c) The Trustee (in its capacity as a secured creditor on behalf of the Holders pursuant to the Security Documents) and each Holder, by accepting a Note, agrees to all of the terms and provisions of each of the Security Documents, as the
same may be amended from time to time pursuant to the provisions of Security Documents and this Indenture, and acknowledge that (i) until such time as the First-Lien Obligations Termination Date has occurred, the Security Documents may be amended,
to the extent set forth therein and to the extent permitted by law, without the consent of the Trustee or the Holders and (ii) the Security Documents also may be amended to the extent permitted by law without the consent of the Trustee or the
Holders to add additional Persons as Secured Creditors under the Security Documents and/or add new classes of creditors, in each case, to the extent such Indebtedness and Liens are permitted hereby. 
  
 (d) The Trustee (in its capacity as a secured creditor on behalf of the
Holders pursuant to the Security Documents) and the Holders expressly acknowledge and agree (i) to all of the terms and agreements contained in the Security Agreement, (ii) that the claims of the Holders and the Trustee against the Assignors (as
defined in the Security Agreement) in respect of the Collateral constitute junior claims separate and apart (and of a different class) from the senior claims with respect to all First-Lien Obligations against the Assignors in respect of the
Collateral and (iii) the Obligations under the Credit Facilities and all First-Lien Obligations and Second-Lien Obligations (as defined in the Security Agreement) include all interest that accrues after the commencement of any case, proceeding or
other action relating to the bankruptcy, insolvency, reorganization or similar proceeding of any Assignor at the rate provided for in the respective Secured Debt Agreements (as defined in the Security Agreement) governing the same, whether or not a
claim for post-petition interest is allowed in any such case, proceeding or other action. 
  
 (e) In the event that any provisions of this Indenture are deemed to conflict with Sections 1.1, 7.4 or 10.8 of the Security Agreement, the provisions of such sections of the Security Agreement shall govern.

  
 Section 10.02 Recording, Etc. 
  
 (a) The Company and the Guarantors shall take or cause to be taken all
action required or desirable to be taken by the Company or such Guarantor to maintain and perfect the Lien on the Collateral granted by the Security Documents, to the extent required thereby, including, but not limited to, causing all financing
statements, any mortgage or deed of trust, the Security Documents (or a short form version thereof), other instruments of further assurance, including, without limitation, continuation statements covering security interests in personal property

  

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to be executed and delivered to the Collateral Agent to be promptly recorded, registered and filed, and at all times to be kept recorded and will execute and
cause to be filed such financing statements and cause to be issued and filed such continuation statements, all in such manner and in such places as may be required by law fully to maintain the perfection of the Holders’ and the Trustee’s
rights under this Indenture and the Security Documents to all property comprising the Collateral. Without limiting the generality of the foregoing, the Company will cause each new Guarantor that becomes a Guarantor after the Issue Date pursuant to
Section 4.23 hereof to execute and deliver to the Collateral Agent and the Trustee at such time as such Guarantor becomes a Guarantor and owns, possesses or acquires any property or assets of the type or nature that would constitute Collateral (i) a
counterpart to the Security Agreement and such other documents as required by the Security Agreement and (ii) any other Security Documents as shall be necessary or reasonably requested by the Collateral Agent or the Trustee in order to grant and
perfect the Lien on the Collateral of such Guarantor. Notwithstanding the foregoing, to the extent the Bank Lenders do not require the Company or the Guarantors to maintain or perfect a Lien in certain Collateral, the Holders shall not require the
Company or the Guarantors to maintain or perfect a Lien on such Collateral. 
  
 The Company shall from time to time promptly pay and discharge all mortgage and financing and continuation statement recording and/or filing fees, charges and taxes relating to this Indenture and the Security
Documents, any amendments thereto and any other instruments of further assurance. Notwithstanding the foregoing, the Trustee shall not have any duty or obligation to ascertain whether any such fees, charges and taxes are required to be paid at any
time. This paragraph (a) is subject to the provisions of the Security Agreement. 
  
 (b) The Company shall furnish or cause to be furnished to the Trustee: 
  
 (1) at the time of execution and delivery of this Indenture, opinions of counsel delivered on the Issue Date with respect to Collateral
substantially to the effect that, in the opinion of such counsel, each Security Document and all other instruments of further assurance or assignment have been properly recorded, or filed to the extent necessary to perfect or create the security
interests created by each such Security Document, to the extent that perfection of such security interests is required by the Security Documents, and reciting the details of such action, and stating that as to the security interests created pursuant
to each such Security Document, such recordings, registrations and filings are the only recordings, registrations and filings necessary to give notice thereof (other than as stated in such opinion); 
  
 (2) within 30 days after May 20 of each year beginning with
May 20, 2005, an Opinion of Counsel dated as of such date either (i) to the effect that, in the opinion of such counsel, such action has been taken with respect to the recordings, registrations, filings, re-recordings, re-registrations and refilings
of all instruments of further assurance as is necessary to maintain the validity, enforceability and perfection of the security interests of each of the Security Documents, to the extent that perfection of such security interests is required by the
Security Documents, and reciting with respect to such security interests the details of such action (or to the extent that further action is required to be taken within the next twelve months, details of such further action) or referencing prior
Opinions of Counsel in which such details are given, or (ii) if perfection of such security interests is 

  

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required by the Security Documents, to the effect that, in the opinion of such counsel, no additional action is necessary to maintain perfection of such
security interests. 
  
 Section 10.03 Release of Collateral/Intercreditor and
Subordination Agreements. 
  
 The Company, the Guarantors and
the Trustee agree that, and each Holder, by accepting a Note, acknowledges that, subject to the terms of the Security Documents: 
  
 (a) For so long as there are any First-Lien Obligations or commitments or letters of credit under the Credit Facilities or any Hedging
Obligations outstanding, the Bank Lenders shall have the exclusive right and authority, whether before or after the occurrence of an event of default under a Credit Facility or an Event of Default under this Indenture, to determine the release, sale
or other disposition of the Collateral and any consent by the Bank Lenders to the release of their Lien upon any of the Collateral shall be binding upon the Holders of Notes and shall be deemed to be a release of the Notes Secured Creditors’
Lien; provided that no release of the Notes Secured Creditors’ Lien on the Collateral shall be made if the Collateral to be released is not the subject of a sale or other disposition and such release is being made in connection with or
in contemplation of the repayment in full of the First-Lien Obligations. 
  
 (b) At such time as the First-Lien Obligations Termination Date shall have occurred, except as set forth in paragraphs (c) and (d) below and subject to Article 9, the Trustee will have the exclusive right and
authority to determine the release, sale or other disposition of the Collateral in such manner as the Trustee deems appropriate in its absolute discretion. 
  
 (c) At such time as the First-Lien Obligations Termination Date shall have occurred, the Company and the Guarantors shall have the right
to obtain a release of items of Collateral (the “Released Interest”) in connection with an Asset Sale upon compliance with the condition that the Company deliver to the Trustee the following: 
  
 (1) an Officers’ Certificate stating that: 

 
 (i) such Asset Sale complies with the terms and
conditions of Section 4.10 hereof and 
  
 (ii)
all Net Proceeds from the sale of the Released Interest will be applied pursuant to the provisions of Section 4.10 hereof. 
  
 (2) all documentation necessary or reasonably requested by the Trustee to grant to the Trustee a first priority security interest in and
Lien on all Collateral (other than cash or Cash Equivalents) comprising a portion of the consideration received in such Asset Sale, if any, to the extent such security interest and Lien are required by this Indenture or the Security Documents; and

  
 (3) all documentation required by the TIA, if
any, prior to the release of the Collateral. 
  

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 Upon compliance by the Company with the conditions set forth in this paragraph (c), the Trustee will
instruct the Collateral Agent to release the Released Interest from the Lien in favor of the Collateral Agent for the benefit of the Notes Secured Creditors. 
  

(d) If at any time pursuant to the provisions of this Indenture (including in connection with an Asset Sale comprising the sale of
Equity Interests of a Guarantor), a Guarantor is released from its guarantee obligations with respect to the Notes, such Guarantor shall have the right to obtain a release from the Notes Secured Creditors’ Lien on any Collateral pledged by such
Guarantor and the Company shall have the right to request a release of the Notes Secured Creditors’ Lien on any Equity Interests of the Guarantor pledged by the Company. 
  
 (e) At such time as the First-Lien Obligations Termination Date shall have occurred, subject to the
provisions of this Indenture and the Security Documents, the Company or any Guarantor may, without any release or consent by the Trustee or the Collateral Agent, if no Event of Default shall have occurred and be continuing: 
  
 (1) abandon, terminate, cancel, release or make alterations
in or substitutions of any leases, contracts or rights-of-way subject to the Lien of the Security Documents; provided that (i) any altered or substituted leases, contracts or rights-of-way shall forthwith, without further action, be subject
to the Lien created by the Security Documents to the same extent as those previously existing and (ii) if the Company or such Guarantor, as the case may be, shall receive any money or property in excess of its expenses in connection with such
termination, cancellation, release, alteration or substitution as consideration or compensation for such termination, cancellation, release, alteration or substitution, such money or property shall be treated as monies received in connection with an
Asset Sale and subject to the provisions of Section 4.10 hereof; 
  
 (2) surrender or modify any franchise, license or permit subject to the Lien created by the Security Documents which it may own or under which it may be operating; provided that, after the surrender or
modification of any such franchise, license or permit, the Company or such Guarantor, as the case may be, shall still, in its business judgment, be entitled, under some other or without any franchise, license or permit, to conduct its business in
the territory in which it is then operating; and provided, further, that if the Company or such Guarantor, as the case may be, shall be entitled to receive any money or property in excess of its expenses in connection with such
surrender or modification as consideration or compensation for such surrender or modification, such money or property shall be treated as monies received in connection with an Asset Sale and subject to the provisions of Section 4.10 hereof;

  
 (3) alter, repair, replace, change the
location or position of and add to its plants, structures, machinery, systems, equipment, fixtures and appurtenances; 
  
 (4) demolish, dismantle, tear down, scrap or abandon any Collateral if, in the Company’s or such Guarantor’s business judgment,
such demolition, dismantling, 

  

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tearing down, scrapping or abandonment is in the best interest of the Company or such Guarantor; 
  
 (5) grant a license of any Patent, Mark or Copyright (each
as defined in the Security Agreement); provided that the Company or such Guarantor receives consideration at least equal to the fair market value of such license; 
  
 (6) abandon any Patent, Mark or Copyright where subsequent applications relating to such Patent, Mark or
Copyright have been filed with respect to similar subject matter or where the Company or such Guarantor, as the case may be, in its business judgment, concludes that such Patent, Mark or Copyright is no longer useful in the conduct of its business;

  
 (7) grant rights-of-way and easements over or
in respect of any real property; provided that such grant will not in any material respect, in the business judgment of the Company or the Guarantor, as the case may be, impair the usefulness of such property in the conduct of its business
and will not be prejudicial to the interests of the Holders; 
  
 (8) grant leases or subleases in respect of any owned real property in the event that the Company or such Guarantor, as the case may be, determines, in its business judgment, that such owned real property is no longer
useful in the conduct of its business and that such lease or sublease would not be reasonably likely to have a material adverse effect on the value of the property subject thereto; provided that any such lease or sublease shall by its terms
be subject and subordinate to the Lien, and otherwise comply with the provisions, of the mortgage affecting such real property; and 
  
 (9) sell, exchange or otherwise dispose of any asset constituting Collateral; provided that such sale, exchange or other
disposition that constitutes an Asset Sale shall comply with the provisions of this Indenture; provided, further, that if the Collateral being sold, exchanged or otherwise disposed of is real property and constitutes a portion (but not
all) of the real property covered by a single mortgage, then the Company shall, if requested by the Collateral Agent or the Trustee, deliver to the Trustee a title endorsement and an updated survey, in each case covering the portion of such real
property that is not so sold, exchanged or otherwise disposed of. 
  
 Upon any such sale, exchange or other disposition permitted by this Section 10.03(e) (other than sales, exchanges or dispositions to the Company or a Guarantor) such Collateral shall be sold, exchanged or otherwise
disposed of free and clear of Liens created by the Security Documents. In the event that the Company or a Guarantor has sold, exchanged or otherwise disposed of or proposes to sell, exchange or otherwise dispose of any portion of the Collateral
(other than sales, exchanges or dispositions to the Company or a Guarantor) which under the provisions of this Section 10.03(e) may be sold, exchanged or otherwise disposed of by the Company or such Guarantor without any release or consent of the
Trustee or the Collateral Agent, and the Company or such Guarantor 

  

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requests the Trustee to furnish a written disclaimer, release or quitclaim of any interest in such property under any of the Security Documents, the Trustee
or Collateral Agent shall promptly execute such an instrument (in recordable form, where appropriate) upon delivery to the Trustee of (i) an Officers’ Certificate by the Company or such Guarantor reciting the sale, exchange or other disposition
made or proposed to be made and describing in reasonable detail the property affected thereby, and stating that such property is property which may be sold, exchanged or otherwise disposed of or dealt with by the Company or such Guarantor without
any release or consent of the Trustee or the Collateral Agent in accordance with the provisions of this Section 10.03(e), and (ii) an Opinion of Counsel stating that the sale, exchange or other disposition made or proposed to be made was duly taken
by the Company or such Guarantor in conformity with this Section 10.03(e) and that the execution of such written disclaimer, release or quitclaim is appropriate under this Section 10.03(e). 
  
 (f) The Issuers shall not agree to any Refinancing of
Indebtedness under the Credit Facilities (if any replacement Credit Facilities are to be in existence) unless, on or prior thereto, the lenders and/or a collateral agent on behalf of such lenders under the Credit Facilities (after giving effect to
such Refinancing) execute appropriate replacement Security Documents to provide for a junior-priority lien in favor of the Holders consistent with the priorities of various creditors described in this Indenture and the Security Documents;
provided that the Issuers need not comply with this requirement to the extent that any new Indebtedness incurred in connection with such Refinancing is not secured by any of the Collateral. 
  
 (g) To facilitate the extension of Indebtedness permitted to
be incurred and secured by a Lien on the Collateral hereunder or the Refinancing of any Indebtedness permitted to be incurred and secured by a Lien on the Collateral pursuant to this Indenture (“Permitted Secured Debt”), the
Trustee, on behalf of, but without the necessity of obtaining the consent of the Holders of Notes, shall enter into intercreditor or acknowledgement agreements as reasonably requested by the Issuers, and/or take such other actions that may be
reasonably requested by the Issuers, in connection with securing Permitted Secured Debt by the Collateral. Such intercreditor or acknowledgement agreements shall provide for substantially the same intercreditor and other relevant provisions set
forth in the Security Agreement, including, without limitation, providing (i) that the Permitted Secured Debt may be secured by the Collateral and be entitled to the benefits of the Security Documents, (ii) the relative priority of the Lien in the
Collateral securing such Permitted Secured Debt, (iii) that the holder of such Permitted Secured Debt shall be entitled to the same rights and remedies, including rights of foreclosure and voting rights, as the holders of Indebtedness in the same
class or ranking as the holders of Other Permitted Secured Debt, (iv) the appointment of a Successor Collateral Agent and (v) such other matters as are reasonably requested by the Issuers and/or the holders of such Permitted Secured Debt as may be
necessary to enable the Issuers to receive the practical benefit of the agreements set forth herein regarding the ability of the Issuers to incur Other Permitted Secured Debt so long as such provisions (A) do not contain additional provisions that
materially and adversely affect the rights, benefits and obligations of the Senior Second Lien Notes Creditors and (B) do not give rise to an express violation of the 

  

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terms of the Credit Agreement, the Senior Second Lien Notes Documents and the Security Documents. 
  
 Section 10.04 Taking and Destruction. 
  
 At such time as have been satisfied in full in cash the First-Lien
Obligations Termination Date, upon any Taking or Destruction of any Collateral, all Net Insurance Proceeds received by the Company or any Guarantor shall be deemed Net Proceeds and shall be applied in accordance with Section 4.10. 
  
 Section 10.05 Trust Indenture Act Requirements. 
  
 The release of any Collateral from the Lien of any of the Security Documents
or the release of, in whole or in part, the Liens created by any of the Security Documents will not be deemed to impair the security interests in contravention of the provisions hereof if and to the extent the Collateral or Liens are released
pursuant to the applicable Security Documents and pursuant to the terms hereof. The Trustee and each of the Holders acknowledge that a release of Collateral or Liens strictly in accordance with the terms of the Security Documents and the terms
hereof will not be deemed for any purpose to be an impairment of the Security Interests in contravention of the terms of this Indenture. To the extent applicable following the qualification of this Indenture under the TIA, without limitation, the
Company and the Guarantors will comply with TIA Section 314(d) relating to the release of property or securities from the Liens hereof and of the Security Documents. Any certificate or opinion required by TIA Section 314(d) may be made by an Officer
of the Company, except in cases in which TIA Section 314(d) requires that such certificate or opinion be made by an independent Person. 
  
 Section 10.06 Suits To Protect the Collateral. 
  
 Subject to the provisions of the Security Documents, the Trustee shall have power to instruct the Collateral Agent to institute and to maintain such suits
and proceedings as it may deem expedient to prevent any impairment of the Collateral by any acts which may be unlawful or in violation of any of the Security Documents or this Indenture (including power to instruct the Collateral Agent to institute
and maintain suits or proceedings to restrain the enforcement of or compliance with any legislative or other governmental enactment, rule or order that may be unconstitutional or otherwise invalid if the enforcement of, or compliance with, such
enactment, rule or order would impair the Security Interests). 
  
 Section 10.07
Purchaser Protected. 
  
 In no event shall any purchaser
in good faith of any property purported to be released hereunder or under any of the Security Documents be bound to ascertain the authority of the Trustee or the Collateral Agent, as the case may be, to execute the release or to inquire as to the
satisfaction of any conditions required by the provisions hereof for the exercise of such authority or to see to the application of any consideration given by such purchaser or other transferee; nor shall any purchaser or other transferee of any
property or rights permitted by this Article 10 to be sold be under obligation to ascertain or inquire into the authority of the Company, to make any such sale or other transfer. 
  

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 Section 10.08 Powers Exercisable by Receiver or Trustee. 
  
 In case the Collateral shall be in the possession of a receiver or trustee,
lawfully appointed, the powers conferred in this Article 10 upon the Company with respect to the release, sale or other disposition of such property may be exercised by such receiver or trustee, and an instrument signed by such receiver or trustee
shall be deemed the equivalent of any similar instrument of the Company or of any officer or officers thereof required by the provisions of this Article 10. 
  
 Section 10.09 Determinations Relating to Collateral. 
  
 In the event (i) the Trustee shall receive any written request from the Company or any Guarantor under any Security Document for consent or approval with
respect to any matter or thing relating to any Collateral or the Company’s or any Guarantor’s obligations with respect thereto (other than actions with respect to the Collateral on the part of the Trustee that do not, pursuant to the terms
of this Indenture or any Security Document, require the consent of the Holders); or (ii) there shall be required from the Trustee under the provisions of any Security Document any performance or the delivery of any instrument (other than the
performance or delivery of any instrument with respect to the Collateral that does not require the consent of the Holders including those agreements and acknowledgments contemplated in Section 10.03(g) hereof); or (iii) a Responsible Officer of the
Trustee shall become aware of any nonperformance by the Company or any Guarantor of any covenant or any breach of any representation or warranty of the Company or any Guarantor set forth in any Security Document, and, in the case of clause (i), (ii)
or (iii) above, the Trustee’s response or action is not otherwise specifically contemplated hereunder or under the applicable Security Document then, in each such event, the Trustee shall, within seven Business Days thereafter, advise the
Holders, in writing and at the Company’s expense, of the matter or thing as to which consent has been requested or the performance or instrument required to be delivered or the nonperformance or breach of which the Trustee has become aware.
Subject to Article 9, the Holders of not less than a majority in aggregate principal amount at maturity of the outstanding Notes shall have the exclusive authority to direct the Trustee’s response to any of the circumstances contemplated in
clauses (i), (ii) and (iii) above. In the event the Trustee shall be required to respond to any of the circumstances contemplated in this Section 10.09, the Trustee shall not be required so to respond unless it shall have received written authority
by not less than a majority in aggregate principal amount at maturity of the outstanding Notes; provided that the Trustee shall be entitled to hire experts, consultants, agents and attorneys to advise the Trustee on the manner in which the
Trustee should respond to such request or render any requested performance or response to such nonperformance or breach (the expenses of which shall be reimbursed to the Trustee pursuant to Section 7.07). The Trustee shall be fully protected in the
taking of any action recommended or approved by any such expert, consultant, agent or attorney or agreed to by a majority of such Holders. 
  
 Section 10.10 Release upon Termination of the Company’s Obligations. 
  

In the event that the Company delivers an Officers’ Certificate certifying that its obligations under this Indenture have been satisfied and
discharged by complying with the provisions of Article 8 and such other documents and/or funds as are required to be delivered or paid pursuant 

  

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to Article 8, the Trustee shall or shall instruct the Collateral Agent to execute and deliver, in each case without recourse, representation or warranty,
such releases, termination statements and other instruments (in recordable form, where appropriate) as the Company may reasonably request evidencing the termination of the Liens created by the Security Documents in favor of the Collateral Agent for
the benefit of the Trustee and the Holders and thereafter neither the Trustee nor the Collateral Agent shall be deemed to hold the Liens for the benefit of the Trustee and the Holders. 
  
 Section 10.11 Limitation on Duty of Trustee in Respect of Collateral. 
  
 (a) Beyond the exercise of reasonable care in the custody thereof, the Trustee shall have no duty as to any Collateral in
its possession or control or in the possession or control of any agent or bailee or any income thereon or as to preservation of rights against prior parties or any other rights pertaining thereto and the Trustee shall not be responsible for filing
any financing or continuation statements or recording any documents or instruments in any public office at any time or times or otherwise perfecting or maintaining the perfection of the security interest in the Collateral. 
  
 (b) The Trustee shall not be responsible for the existence, genuineness or
value of any of the Collateral or for the validity, perfection, priority or enforceability of the Liens upon any of the Collateral, whether impaired by operation of law or by reason of any action or omission to act on its part hereunder, except to
the extent such action or omission constitutes negligence or willful misconduct on the part of the Trustee, for the validity or sufficiency of the Collateral or any agreement or assignment contained therein, for the validity of the title of the
Company to the Collateral, for insuring the Collateral or for the payment of taxes, charges, assessments or Liens upon the Collateral or otherwise as to the maintenance of the Collateral. 
  
 Section 10.12 Successor Collateral Agent. 
  

In connection with a Refinancing of a Credit Facility or otherwise, the Collateral Agent resigns or is otherwise removed or replaced, the Company may
appoint a successor collateral agent (a “Successor Collateral Agent”) on behalf of all Persons then holding First-Lien Obligations and on behalf of the Trustee and Holders of Notes. The Successor Collateral Agent shall be a bank,
trust company or other financial institution having capital and retained earnings of at least $1,000,000,000. Upon acceptance of any appointment as the Successor Collateral Agent, such Successor Collateral Agent shall thereupon succeed to and become
vested with all of the rights, powers, privileges, duties and obligations of the retiring Collateral Agent hereunder and the retiring Collateral Agent shall be discharged from its duties and obligations hereunder. In this connection, the Trustee
shall, if requested by the Successor Collateral Agent and without the necessity of obtaining the consent of the Holders of Notes, so acknowledge such fact in writing in form and substance reasonably satisfactory to the Successor Collateral Agent.

  

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 ARTICLE 11 
  

GUARANTEES 
  
 Section 11.01 Guarantees. 
  
 Subject to this Article 11, each of the Guarantors hereby, jointly and severally, unconditionally guarantees on a senior secured basis to each Holder of a
Note authenticated and delivered by the Trustee and to the Trustee and its successors and assigns, irrespective of the validity and enforceability of this Indenture, the Notes or the obligations of the Issuers hereunder or thereunder, that: (a) the
principal of and interest on the Notes will be promptly paid in full when due, whether at maturity, by acceleration, redemption or otherwise, and interest on the overdue principal of and interest on the Notes, if any, if lawful, and all other
obligations of the Issuers to the Holders or the Trustee hereunder or thereunder will be promptly paid in full or performed, all in accordance with the terms hereof and thereof; and (b) in case of any extension of time of payment or renewal of any
Notes or any of such other obligations, that same will be promptly paid in full when due or performed in accordance with the terms of the extension or renewal, whether at stated maturity, by acceleration or otherwise. Failing payment when due of any
amount so guaranteed or any performance so guaranteed for whatever reason, the Guarantors shall be jointly and severally obligated on a senior secured basis to pay the same immediately. Each Guarantor agrees that this is a guarantee of payment and
not a guarantee of collection. 
  
 The Guarantors hereby agree
that their obligations hereunder shall be unconditional, irrespective of the validity, regularity or enforceability of the Notes or this Indenture, the absence of any action to enforce the same, any waiver or consent by any Holder of the Notes with
respect to any provisions hereof or thereof, the recovery of any judgment against the Issuers, any action to enforce the same or any other circumstance which might otherwise constitute a legal or equitable discharge or defense of a guarantor. Each
Guarantor hereby waives diligence, presentment, demand of payment, filing of claims with a court in the event of insolvency or bankruptcy of the Issuers, any right to require a proceeding first against the Issuers, protest, notice and all demands
whatsoever and covenant that this Guarantee shall not be discharged except by complete performance of the obligations contained in the Notes and this Indenture. 
  

If any Holder or the Trustee is required by any court or otherwise to return to the Issuers, the Guarantors or any custodian, trustee, liquidator or
other similar official acting in relation to either the Issuers or the Guarantors, any amount paid either to the Trustee or such Holder, this Guarantee, to the extent theretofore discharged, shall be reinstated in full force and effect. 

 
 Each Guarantor agrees that it shall not be entitled to any right of
subrogation in relation to the Holders in respect of any obligations guaranteed hereby until payment in full of all obligations guaranteed hereby. Each Guarantor further agrees that, as between the Guarantors, on the one hand, and the Holders and
the Trustee, on the other hand, (x) the maturity of the obligations guaranteed hereby may be accelerated as provided in Article 6 hereof for the purposes of this Guarantee, notwithstanding any stay, injunction or other prohibition preventing such
acceleration in respect of the obligations guaranteed hereby, and (y) in the event of any declaration of acceleration of such obligations as provided in Article 6 hereof, such obligations (whether or not due and payable) shall forthwith become due
and payable by the Guarantors for the purpose of this 

  

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Guarantee. The Guarantors shall have the right to seek contribution from any non-paying Guarantor so long as the exercise of such right does not impair the
rights of the Holders under the Guarantee. 
  
 Section 11.02 [Reserved].

  

	Section	11.03 Limitation on Guarantor Liability. 

  
 Each Guarantor, and by its acceptance of Notes, each Holder, hereby confirms that it is the intention of all such parties that the Guarantee of such
Guarantor not constitute a fraudulent transfer or conveyance for purposes of Bankruptcy Law, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar federal or state law to the extent applicable to any Guarantee. To
effectuate the foregoing intention, the Trustee, the Holders and the Guarantors hereby irrevocably agree that the obligations of such Guarantor will, after giving effect to such maximum amount and all other contingent and fixed liabilities of such
Guarantor that are relevant under such laws, and after giving effect to any collections from, rights to receive contribution from or payments made by or on behalf of any other Guarantor in respect of the obligations of such other Guarantor under
this Article 11, result in the obligations of such Guarantor under its Guarantee not constituting a fraudulent transfer or conveyance. 
  
 Section 11.04 Execution and Delivery of Guarantee. 
  
 To evidence its Guarantee set forth in Section 11.01 hereof, each Guarantor hereby agrees to cause one of its officers to execute its Guarantee, the form
of which is provided in Exhibit E hereto, and which is to be annexed to each Note that is authenticated and delivered by the Trustee, and that this Indenture shall be executed on behalf of such Guarantor by its President or one of its Vice
Presidents or by a duly authorized officer acting on its behalf. 
  
 Each Guarantor hereby agrees that its Guarantee set forth in Section 11.01 hereof shall remain in full force and effect notwithstanding any failure to execute its Guarantee, the form of which is provided in Exhibit E hereto, and which is
annexed to each Note. 
  
 If an Officer whose signature is on this
Indenture or on the Guarantee no longer holds that office at the time the Trustee authenticates the Note on which a Guarantee is endorsed, the Guarantee shall be valid nevertheless. 
  
 The delivery of any Note by the Trustee, after the authentication thereof hereunder, shall constitute due delivery of the
Guarantee of such Note set forth in this Indenture on behalf of such Guarantor. 
  
 In the event that the Issuers create or acquire any new Restricted Subsidiaries subsequent to the date of this Indenture, if required by Section 4.23 hereof, the Issuers shall cause such Restricted Subsidiaries to
execute supplemental indentures to this Indenture and Guarantees in accordance with Section 4.23 hereof and this Article 11, to the extent applicable. 
  

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 Section 11.05 Guarantors May Consolidate, etc., on Certain Terms. 
  
 Except as otherwise provided in Section 11.06 hereof, no Guarantor may sell
or otherwise dispose of all or substantially all of its assets to, or consolidate with or merge with or into (whether or not such Guarantor is the surviving Person) another Person, other than the Company or another Guarantor, unless: 
  
 (a) subject to Section 11.06 hereof, either (i) the Person
acquiring the property in such sale or disposition or the Person formed by or surviving any such consolidation or merger (if other than such Guarantor) unconditionally assumes all the obligations of such Guarantor, pursuant to a supplemental
indenture in form and substance reasonably satisfactory to the Trustee, under the Notes, this Indenture, the Guarantee, the Security Documents and the Registration Rights Agreement on the terms set forth herein or therein or (ii) the Net Proceeds of
such a sale or other disposition are applied in accordance with Sections 3.09 and 4.10 hereof and 
  
 (b) if such merger or consolidation is with a Person other than either of the Issuers or a Restricted Subsidiary, immediately after giving
effect to such transaction, no Default or Event of Default exists. 
  
 In case of any such consolidation, merger, sale or conveyance and upon the assumption by the successor Person, by supplemental indenture, executed and delivered to the Trustee and satisfactory in form to the Trustee, of the Guarantee
endorsed upon or annexed to the Notes and the due and punctual performance of all of the covenants and conditions of this Indenture to be performed by the Guarantor, such successor Person shall succeed to and be substituted for the Guarantor with
the same effect as if it had been named herein as a Guarantor. Such successor Person thereupon may cause to be signed any or all of the Guarantees to be endorsed upon or annexed to all of the Notes issuable hereunder which theretofore shall not have
been signed by the Issuers and delivered to the Trustee. All the Guarantees so issued shall in all respects have the same legal rank and benefit under this Indenture as the Guarantees theretofore and thereafter issued in accordance with the terms of
this Indenture as though all of such Guarantees had been issued at the date of the execution hereof. 
  
 Except as set forth in Articles 4 and 5 hereof, and notwithstanding clauses (a) and (b) above, nothing contained in this Indenture or in any of the Notes
shall prevent any consolidation or merger of a Guarantor with or into the Company or another Guarantor, or shall prevent any sale or conveyance of the property of a Guarantor as an entirety or substantially as an entirety to the Company or another
Guarantor. 
  
 Section 11.06 Releases Following Sale of Assets. 

 
 In the event of (i) a sale or other disposition of all or substantially
all of the assets of any Guarantor, by way of merger, consolidation or otherwise, or (ii) a sale or other disposition of all of the Capital Stock of any Guarantor, in each case to a Person that is not (either before or after giving effect to such
transactions) a Restricted Subsidiary of the Company, then such Guarantor (in the event of a sale or other disposition, by way of merger, consolidation or otherwise, of all of the Capital Stock of such Guarantor) or the Person acquiring the property
(in the event of a sale 

  

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or other disposition of all or substantially all of the assets of such Guarantor) will be released and relieved of any obligations under its Guarantee;
provided that the Net Proceeds of such sale or other disposition are applied in accordance with Sections 3.09 and 4.10 hereof. In addition, in the event that the Company properly designates any Restricted Subsidiary that is a Guarantor as an
Unrestricted Subsidiary, such Guarantor will be released and relieved of any obligations under its Guarantee. Upon delivery by the Company to the Trustee of an Officers’ Certificate and an Opinion of Counsel to the effect that such sale or
other disposition was made by the Company in accordance with Section 4.10 hereof, or notification by the Company that a Restricted Subsidiary was designated as an Unrestricted Subsidiary, the Trustee shall execute any documents reasonably required
in order to evidence the release and relieve of any Guarantor from its obligations under its Guarantee. 
  
 Any Guarantor that is not released from its obligations under its Guarantee shall remain liable for the full amount of principal of and interest on the
Notes and for the other obligations of any Guarantor under this Indenture as provided in this Article 11. 
  
 ARTICLE 12 
  
 MISCELLANEOUS 
  
 Section 12.01 Trust Indenture Act
Controls. 
  
 If any provision of this Indenture limits,
qualifies or conflicts with the duties imposed by TIA ss.318(c), the imposed duties shall control. 
  
 Section 12.02 Notices. 
  
 Any notice or communication by the Issuers, any Guarantor or the Trustee to the others is duly given if in writing and delivered in Person or mailed by first class mail (registered or certified, return receipt requested), telecopier
(promptly confirmed in writing) or overnight air courier guaranteeing next day delivery, to the others’ address: 
  
 If to the Issuers and/or any Guarantor: 
  
 Consolidated Container Company LLC 
 Consolidated Container Capital, Inc. 
 3101 Towercreek Parkway, Suite 300 
 Atlanta, GA 30339 
 Attention: General Counsel

  
 with a copy to: 
  
 Alston & Bird LLP 
 1201 West Peachtree Street 
 Atlanta, GA 30309

 Attention: Rick Blumen, Esq. 
  

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 and to Vestar Capital Partners III, L.P.: 
  
 c/o Vestar Capital Partners, Inc. 
 Seventeenth Street Plaza, 
 1225 17th Street, Suite 1660 
 Denver, Colorado 80202 
  
 with a copy to: 
  
 Simpson Thacher & Bartlett LLP 
 425
Lexington Avenue 
 New York, New York 10017 
 Telecopier No.: (212) 455-2502 
 Attention: Peter J. Gordon 
  
 If to the Trustee: 
  
 The Bank of New York 
 101 Barclay Street, Floor 8 West 
 New York,
New York 10286 
 Telecopier No.: (212) 815-5707 
 Attention: Corporate Trust Administration 
  
 The Issuers, any Guarantor or the Trustee, by notice to the others may designate additional or different addresses for subsequent notices or communications. 
  
 All notices and communications (other than those sent to Holders) shall be
deemed to have been duly given: at the time delivered by hand, if personally delivered; five Business Days after being deposited in the mail, postage prepaid, if mailed; when receipt acknowledged, if telecopied; and the next Business Day after
timely delivery to the courier, if sent by overnight air courier guaranteeing next day delivery. 
  
 Any notice or communication to a Holder shall be mailed by first class mail, certified or registered, return receipt requested, or by overnight air
courier guaranteeing next day delivery to its address shown on the register kept by the Registrar. Any notice or communication shall also be so mailed to any Person described in TIA § 313(c), to the extent required by the TIA. Failure to mail a
notice or communication to a Holder or any defect in it shall not affect its sufficiency with respect to other Holders. 
  
 If a notice or communication is mailed in the manner provided above within the time prescribed, it is duly given, whether or not the addressee receives
it. 
  
 If the Issuers mail a notice or communication to Holders,
it shall mail a copy to the Trustee and each Agent at the same time. 
  
 Section
12.03 Communication by Holders of Notes with Other Holders of Notes. 
  
 Holders may communicate pursuant to TIA § 312(b) with other Holders with respect to their rights under this Indenture or the Notes. The Issuers, the Trustee, the Registrar and anyone else shall have the
protection of TIA § 312(c). 
  

 -103- 

 Section 12.04 Certificate and Opinion as to Conditions Precedent. 
  
 Upon any request or application by the Issuers to the Trustee to take any
action under this Indenture, the Issuers shall furnish to the Trustee: 
  
 (a) an Officers’ Certificate in form and substance reasonably satisfactory to the Trustee (which shall include the statements set forth in Section 12.05 hereof) stating that, in the opinion of the signers, all
conditions precedent and covenants, if any, provided for in this Indenture relating to the proposed action have been satisfied; and 
  
 (b) an Opinion of Counsel in form and substance reasonably satisfactory to the Trustee (which shall include the statements set forth in
Section 12.05 hereof) stating that, in the opinion of such counsel, all such conditions precedent and covenants, if any, have been satisfied. 
  
 Section 12.05 Statements Required in Certificate or Opinion. 
  
 Each certificate or opinion with respect to compliance with a condition or covenant provided for in this Indenture (other than a certificate provided
pursuant to TIA § 314(a)(4)) shall comply with the provisions of TIA § 314(e) and shall include: 
  
 (a) a statement that the Person making such certificate or opinion has read such covenant or condition; 
  
 (b) 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; 
  
 (c) a statement that, in the opinion of such Person, he or she has made such examination or investigation as is necessary to enable him to
express an informed opinion as to whether or not such covenant or condition has been satisfied; and 
  
 (d) a statement as to whether or not, in the opinion of such Person, such condition or covenant has been satisfied. 
  
 Section 12.06 Rules by Trustee and Agents. 
  
 The Trustee may make reasonable rules for action by or at a meeting of
Holders. The Registrar or Paying Agent may make reasonable rules and set reasonable requirements for its functions. 
  
 Section 12.07 No Personal Liability of Managers, Directors, Officers, Employees, Stockholders and Members. 
  
 No past, present or future manager, director, officer, employee,
incorporator, stockholder or member of the Company, Capital or any Guarantor, as such, shall have any liability for any obligations of the Company, Capital or the Guarantors under the Notes, the Guarantees, this Indenture or for any claim based on,
in respect of, or by reason of, such obligations or their creation. 

  

 -104- 

 
Each Holder of Notes by accepting a Note waives and releases all such liability. The waiver and release are part of the consideration for issuance of the
Notes. The waiver may not be effective to waive liabilities under the federal securities laws. 
  
 Section 12.08 Governing Law. 
  
 THIS INDENTURE, THE NOTES AND THE GUARANTEES WILL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK, WITHOUT REGARD TO CONFLICTS OF LAWS PRINCIPLES THEREOF. 
  
 Section 12.09 Waiver of Jury Trial. 
  
 EACH OF THE COMPANY AND THE TRUSTEE 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 NOTES OR THE TRANSACTION CONTEMPLATED HEREBY. 
  
 Section 12.10 No Adverse Interpretation of Other Agreements. 
  
 This Indenture may not be used to interpret any other indenture, loan or
debt agreement of the Issuers or its Subsidiaries or of any other Person. Any such indenture, loan or debt agreement may not be used to interpret this Indenture. 
  
 Section 12.11 Successors. 
  
 All agreements of the Issuers in this Indenture and the Notes shall bind their respective successors. All agreements of the Trustee in this Indenture
shall bind its successors. All agreements of each Guarantor in this Indenture shall bind its successors, except as otherwise provided in Section 11.06 hereof. 
  

Section 12.12 Severability. 
  
 In case any provision in this Indenture or in the Notes shall be invalid, illegal or unenforceable, the validity, legality and enforceability of the
remaining provisions shall not in any way be affected or impaired thereby. 
  
 Section 12.13 Counterpart Originals. 
  
 The
parties may sign any number of copies of this Indenture. Each signed copy shall be an original, but all of them together represent the same agreement. 
  
 Section 12.14 Table of Contents, Headings, etc. 
  
 The Table of Contents, Cross-Reference Table and Headings of the Articles and Sections of this Indenture have been inserted for convenience of reference
only, are not to be considered a part of this Indenture and shall in no way modify or restrict any of the terms or provisions hereof. 
  

 -105- 

 Section 12.15 Force Majeure. 
  
 In no event shall the Trustee be responsible or liable for any failure or delay in the performance of its obligations
hereunder arising out of or caused by, directly or indirectly, forces beyond its control, including, without limitation strikes, work stoppages, accidents, acts of war or terrorism, civil or military disturbances, nuclear or natural catastrophes or
acts of God, and interruptions, loss or malfunctions of utilities, communications or computer (software and hardware) services; it being understood that the Trustee shall use reasonable efforts which are consistent with accepted practices in the
banking industry to resume performance as soon as practicable under the circumstances. 
  
 ARTICLE 13 
  
 TRUST
MONIES 
  
 Section 13.01 Trust Monies. 
  
 All Trust Monies shall be held by or delivered to the Trustee in accordance
with the provisions of the applicable Security Documents. Trust Monies, if any, shall, so long as no Event of Default has occurred and is continuing, at the direction of the Issuers, be (a) applied by the Trustee from time to time to the payment of
the principal of, premium, if any, and interest on any Notes at maturity or upon redemption or retirement, or to the purchase of Notes upon tender or in the open market or otherwise, (b) released to the extent such cash would be considered
Collateral under the Security Documents following such release or (c) applied to cure any Event of Default set forth in Section 6.01(a) or (b) in each case in accordance with the Security Documents. 
  
 Section 13.02 Investment of Trust Monies. 
  
 All or any part of any Trust Monies held by the Trustee hereunder (except
such as may be held for the account of any particular Notes) shall from time to time be invested or reinvested by the Trustee in any Cash Equivalents pursuant to the written direction of the Issuers, which shall specify the Cash Equivalents in which
such Trust Monies shall be invested. Unless a Default or Event of Default occurs and is continuing, any interest or dividends earned or paid on such Cash Equivalents (in excess of any accrued interest paid at the time of purchase) which may be
received by the Trustee shall be forthwith paid to the Issuers. Such Cash Equivalents shall be held by the Trustee as a part of the Collateral, subject to the same provisions hereof as the cash used by it to purchase such Cash Equivalents. The
Trustee shall not be liable or responsible for any loss resulting from such investments or sales except only for its own grossly negligent action, its own grossly negligent failure to act, its own material breach of this Indenture or its own willful
misconduct in complying with this Section 13.02. 
  
 [Signatures on
following page] 
  

 -106- 

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

			
	 CONSOLIDATED CONTAINER COMPANY LLC

		
	By:	 	Consolidated Container Company LLC, as its Sole Member and Manager
		
	By:	 	 /s/ Tyler L. Woolson

	 	 	

	 	 	 Name: Tyler L. Woolson

	 	 	Title: Chief Financial Officer
	
	 CONSOLIDATED CONTAINER CAPITAL, INC.

		
	By:	 	 /s/ Tyler L. Woolson

	 	 	

	 	 	 Name: Tyler L. Woolson

	 	 	 Title: Chief Financial Officer

	
	 THE BANK OF NEW YORK, AS TRUSTEE

		
	By:	 	 /s/ Remo Reale

	 	 	

	 	 	 Name: Remo Reale

	 	 	 Title: Vice President

	
	 REID PLASTICS GROUP LLC, AS GUARANTOR

		
	By:	 	Consolidated Container Company LLC, as its Sole Member and Manager
		
	By:	 	Consolidated Container Holdings LLC, as its Sole Member and Manager
		
	By:	 	 /s/ Tyler L. Woolson

	 	 	

	 	 	 Name: Tyler L. Woolson

	 	 	 Title: Chief Financial Officer

  

 -107- 

			
	 PLASTIC CONTAINERS LLC, AS GUARANTOR

		
	By:	 	Consolidated Container Company LLC, as its Sole Member and Manager
		
	By:	 	Consolidated Container Holdings LLC, as its Sole Member and Manager
		
	By:	 	 /s/ Tyler L. Woolson

	 	 	

	 	 	 Name: Tyler L. Woolson

	 	 	 Title: Chief Financial Officer

	
	 CONSOLIDATED CONTAINER COMPANY LP,AS GUARANTOR

		
	By:	 	Plastic Containers LLC, as its General Partner
		
	By:	 	Consolidated Container Company LLC, as its Sole Member and Manager
		
	By:	 	Consolidated Container Holdings LLC, as its Sole Member and Manager
		
	By:	 	 /s/ Tyler L. Woolson

	 	 	

	 	 	 Name: Tyler L. Woolson

	 	 	 Title: Chief Financial Officer

	
	 CONTINENTAL CARIBBEAN CONTAINERS, INC., AS GUARANTOR

		
	 By:
	 	 /s/ Tyler L. Woolson

	 	 	

	 	 	 Name: Tyler L. Woolson

	 	 	Title: Chief Financial Officer

  

 -108- 

 EXHIBIT A1 
  

[Face of Note] 
  
 10 3/4% Senior Secured Discount Notes due 2009 
  
 THIS NOTE IS ISSUED WITH ORIGINAL ISSUE DISCOUNT FOR PURPOSES OF 
 SECTION 1271 ET SEQ.
OF THE INTERNAL REVENUE CODE. THE ISSUE DATE OF 
 THIS NOTE IS MAY 20, 2004 AND THE YIELD IS 10 3/4%, COMPOUNDED SEMI- 
 ANNUALLY UP TO JUNE 15, 2007, AFTER WHICH CASH INTEREST WILL ACCRUE. 
 FOR EACH $1,000 PRINCIPAL AMOUNT AT MATURITY OF THIS NOTE, THE ISSUE 
 PRICE IS $725.13 AND THE TOTAL ORIGINAL
ISSUE DISCOUNT OVER THE TERM OF 
 THIS NOTE IS $274.87; PROVIDED THAT THE ISSUERS MAY ELECT TO ACCRUE 
 INTEREST PRIOR TO JUNE 15, 2007, WHICH WILL RESULT IN A LOWER PRINCIPAL 
 AMOUNT AT MATURITY IN ACCORDANCE WITH THE INDENTURE. 
  
 CUSIP/CINS
                    | 
 Principal Amount at Maturity _____________ 
  
 No. 1 $                     
  
 CONSOLIDATED CONTAINER COMPANY LLC AND CONSOLIDATED CONTAINER CAPITAL, INC. promises to pay to Cede & Co. or registered assigns, the
principal sum of
                                        
                     Dollars on June 15, 2009 (or such lesser principal amount specified in the Indenture governing this Note in the event cash
interest accrued and was paid on or before June 15, 2007). 
  
 Interest Payment
Dates: June 15 and December 15 
  
 Record Dates: June 1 and December 1 

 

 A1-1 

			
	CONSOLIDATED CONTAINER COMPANY     LLC
		
	By:	 	Consolidated Container Holdings LLC, as its Sole Member and Manager
		
	By:	 	 
	 	 	

	 	 	 Name:

	 	 	 Title:

	
	CONSOLIDATED CONTAINER CAPITAL,     INC.
		
	By:	 	 
	 	 	

	 	 	 Name:

	 	 	 Title:

  
 Dated:
[                    ], 200[    ] 
  
 This is one of the Notes referred to in the within-mentioned Indenture: 
  

			
	 THE BANK OF NEW YORK,
     as Trustee

		
	By:	 	 
	 	 	

	 	 	 Authorized Signatory

  

 A1-2 

 [Back of Note] 
  
 10 3/4% Senior Secured Discount Notes due 2009 
  
 [Insert the Global Note Legend, if applicable pursuant to the provisions of the Indenture] 
  
 [Insert the Private Placement Legend, if applicable pursuant to the
provisions of the Indenture] 
  
 Capitalized terms used herein
shall have the meanings assigned to them in the Indenture referred to below unless otherwise indicated. 
  
 1. Interest. (a) Consolidated Container Company LLC, a Delaware limited liability company (the “Company”) and Consolidated
Container Capital, Inc., a Delaware corporation (“Capital,” and together with the Company, the “Issuers”), promises to pay interest on the principal amount at maturity of this Note at 103⁄4% per annum. Unless the
Issuers elect to pay cash interest as described below, prior to June 15, 2007, principal on this Note will accrete in the form of an increase in the Accreted Value of the Note compounded semiannually on each June 15 and December 15 (each an
“Interest Payment Date”) commencing June 15, 2004, to an aggregate principal amount of $1,000 per Note at June 15, 2007. Commencing on June 15, 2007, cash interest on the Notes will accrue at the rate of 103⁄4% per annum and will
be payable in cash semiannually on each Interest Payment Date, commencing on December 15, 2007, to holders of record on the immediately preceding June 1 and December 1, respectively. 
  
 (b) Notwithstanding the foregoing, the Issuers may irrevocably elect to commence accruing cash interest on the Notes before
June 15, 2007. If the Issuers do elect to begin accruing and paying cash interest, such election must be made and declared on or before the Interest Payment Date (the “Cash Election Date”) preceding the first cash interest payment.
From and after the Cash Election Date, (i) the Issuers will be obligated to pay cash interest on each subsequent Interest Payment Date, (ii) the principal amount of the Notes will cease to accrete, and cash interest shall begin to accrue, after the
Cash Election Date and (iii) the outstanding principal amount at maturity of each Note will be equal to the Accreted Value of such Note as of the Cash Election Date. 
  
 (c) Except as otherwise described in the subparagraphs (a) and (b) of this Paragraph 1, cash interest on the Notes will
accrue from the most recent date to which interest has been paid or, if no cash interest on the Notes has been paid prior to June 15, 2007, from and including June 15, 2007; provided that if there is no existing Default in the payment of
interest, and if this Note is authenticated between a Record Date referred to on the face hereof and the next succeeding Interest Payment Date, interest shall accrue from such next succeeding Interest Payment Date. The Issuers shall pay interest
(including post-petition interest in any proceeding under any Bankruptcy Law) on overdue principal and premium, if any, from time to time at a rate that is equal to the rate then in effect on the Notes pursuant to Section 2.12 of this Indenture. The
Issuers shall pay interest (including post-petition interest in any proceeding under any Bankruptcy Law) on overdue installments of interest and Liquidated Damages (without regard to any applicable grace periods) from time to time at the same rate
to the extent lawful on the Notes pursuant to Section 

  

 A1-3 

 
2.12 of the Indenture. Interest will be computed on the basis of a 360-day year of twelve 30-day months. 
  
 2. Method of Payment. The Issuers will pay interest on the Notes
(except defaulted interest) and Liquidated Damages to the Holders of record at the close of business on the June 1 or December 1 next preceding the Interest Payment Date, even if such Notes are canceled after such record date and on or before such
Interest Payment Date, except as provided in Section 2.12 of the Indenture with respect to defaulted interest. The Notes will be payable as to Accreted Value, premium, if any, and Liquidated Damages, if any, and interest at the office or agency of
the Issuers maintained for such purpose within or without the City and State of New York, or, at the option of the Issuers, payment of interest and Liquidated Damages may be made by check mailed to the Holders at their addresses set forth in the
register of Holders, provided that payment by wire transfer of immediately available funds will be required with respect to Accreted Value of and interest, premium, if any, and Liquidated Damages on, all Global Notes and all other Notes the Holders
of which shall have provided wire transfer instructions to the Issuers or the Paying Agent. Such payment shall be in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private
debts. 
  
 3. Paying Agent and Registrar. Initially, The
Bank of New York, the Trustee under the Indenture, will act as Paying Agent and Registrar. The Issuers may change any Paying Agent or Registrar without notice to any Holder. The Company or any of its Restricted Subsidiaries may act in any such
capacity. 
  
 4. Indenture. The Issuers issued this Note
under an Indenture, dated as of May 20, 2004 (“Indenture”), between the Issuers, the Guarantors and the Trustee. The terms of the Notes include those stated in the Indenture and those made part of the Indenture by reference to the
Trust Indenture Act of 1939, as amended (15 U.S. Code §§ 77aaa-77bbbb). The Notes are subject to all such terms, and Holders are referred to the Indenture and such Act for a statement of such terms. To the extent any provision of this Note
conflicts with the express provisions of the Indenture, the provisions of the Indenture shall govern and be controlling. The Notes are obligations of the Issuers limited in aggregate principal amount at maturity as specified in Section 2.02 of the
Indenture. 
  
 5. Optional Redemption. 
  
 (a) Except as set forth in subparagraph (b) of this Paragraph 5, the Issuers
shall not have the option to redeem the Notes prior to June 15, 2007. On or after June 15, 2007, the Issuers may redeem all or part of the Notes upon not less than 30 nor more than 90 days’ notice, at the redemption prices (expressed as
percentages of Accreted Value) set forth below plus accrued and unpaid cash interest, if any, and Liquidated Damages thereon, if any, to the applicable redemption date, if redeemed during the periods indicated below: 
  

				
	 Year

	  	Percentage

	 
	 From June 15, 2007 through June 14, 2008
	  	105.375	%
	 From June 15, 2008 through November 14, 2008
	  	102.688	%
	 November 15, 2008 and thereafter
	  	100.000	%

  

 A1-4 

 (b) Notwithstanding the provisions of subparagraph (a) of this Paragraph 5, at any time prior to June 15,
2007, the Issuers may on any one or more occasions redeem up to 35% of the total principal amount at maturity of Notes issued under the Indenture at a redemption price of 110.75% of the Accreted Value thereof, plus accrued and unpaid cash interest,
if any, and Liquidated Damages, if any, to the redemption date, with the net cash proceeds of one or more Equity Offerings of the Company (or of Holdings to the extent such proceeds are contributed to the Company); provided that (i) at least 65% of
the total principal amount at maturity of Notes issued under the Indenture remain outstanding immediately after the occurrence of such redemption (excluding Notes held by the Company and its Subsidiaries) and (ii) the redemption occurs within 90
days of the date of the closing of such Equity Offering. 
  
 6.
Mandatory Redemption. Except as set forth in paragraph 7 below, the Issuers shall not be required to make mandatory redemption or sinking fund payments with respect to the Notes. 
  
 7. Repurchase at Option of Holder. 
  
 (a) If there is a Change of Control, as defined in Section 1.01 of the Indenture, the Issuers shall be required to make a
Change of Control Offer pursuant to Section 4.15 of the Indenture. Within 30 days following any Change of Control, the Issuers shall mail a notice to each Holder setting forth the procedures governing the Change of Control Offer as required by the
Indenture. 
  
 (b) If the Company or a Restricted Subsidiary
consummates any Asset Sales, within ten Business Days of each date on which the aggregate amount of Excess Proceeds exceeds $15.0 million, the Issuers shall commence and conduct an Asset Sale Offer pursuant to Sections 3.09 and 4.10 of the
Indenture. Upon completion of each Asset Sale Offer, the amount of Excess Proceeds shall be reset at zero. Holders of Notes that are the subject of an Asset Sale Offer prior to any related purchase date may elect to have such Notes purchased by
completing the form entitled “Option of Holder to Elect Purchase” on the reverse of the Notes. 
  
 8. Notice of Redemption. Notice of redemption will be mailed at least 30 days but not more than 60 days before the redemption date to each Holder
whose Notes are to be redeemed at its registered address. Notes in denominations larger than $1,000 principal amount at maturity may be redeemed in part but only in whole multiples of $1,000 principal amount at maturity, unless all of the Notes held
by a Holder are to be redeemed. On and after the redemption date principal ceases to accrete and interest ceases to accrue on Notes or portions thereof called for redemption. 
  
 9. Denominations, Transfer, Exchange. The Notes are in registered form without coupons in denominations of $1,000
principal amount at maturity and integral multiples of $1,000 principal amount at maturity (Holders of this Note are advised that the stated $1,000 “principal amount at maturity” of each of the Notes will not be achieved if the Issuers
elect to accrue cash interest prior to June 15, 2007, in accordance with the terms of this Note and the Indenture). The transfer of Notes may be registered and Notes may be exchanged as provided in the Indenture. The Registrar and the Trustee may
require a Holder, among other things, to furnish appropriate endorsements and transfer documents and the Issuers may require a Holder to 

  

 A1-5 

 
pay any taxes and fees required by law or permitted by the Indenture. The Issuers need not exchange or register the transfer of any Note or portion of a Note
selected for redemption, except for the unredeemed portion of any Note being redeemed in part. Also, the Issuers need not exchange or register the transfer of any Notes for a period of 15 days before the mailing of a notice of Notes to be redeemed
or during the period between a record date and the corresponding Interest Payment Date. 
  
 10. Persons Deemed Owners. The registered Holder of a Note may be treated as its owner for all purposes. 
  
 11. Amendment, Supplement and Waiver. The Indenture, the Guarantees or the Notes may be amended or supplemented only as set forth in Article 9 of
the Indenture. 
  
 12. Defaults and Remedies. Events of
Default, acceleration and other remedies, and related matters are set forth in Article 6 of the Indenture. 
  
 13. Trustee Dealings With Issuers. The Trustee, in its individual or any other capacity, may make loans to, accept deposits from, and perform
services for the Issuers or its Affiliates, and may otherwise deal with the Issuers or its Affiliates, as if it were not the Trustee. 
  
 14. No Recourse Against Others. A manager, director, officer, employee, incorporator, stockholder or member, of any of the Issuers, as such, shall
not have any liability for any obligations of the Issuers under the Notes or the Guarantors under the Guarantees or the Indenture or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder by accepting
a Note waives and releases all such liability. The waiver and release are part of the consideration for the issuance of the Notes. 
  
 15. Authentication. This Note shall not be valid until authenticated by the manual signature of the Trustee or an authenticating agent. 

 
 16. Abbreviations. Customary abbreviations may be used in the name
of a Holder or an assignee, such as: TEN COM (= tenants in common), TEN ENT (= tenants by the entireties), JT TEN (= joint tenants with right of survivorship and not as tenants in common), CUST (= Custodian), and U/G/M/A ( =Uniform Gifts to Minors
Act). 
  
 17. Additional Rights of Holders of Restricted Global
Notes and Restricted Definitive Notes. In addition to the rights provided to Holders of Notes under the Indenture, Holders of Restricted Global Notes and Restricted Definitive Notes shall have all the rights set forth in the Registration Rights
Agreement dated as of May 20, 2004, between the Issuers and the parties named on the signature pages thereof (the “Registration Rights Agreement”). 
  
 18. CUSIP Numbers. Pursuant to a recommendation promulgated by the Committee on Uniform Security Identification
Procedures, the Issuers have caused CUSIP numbers to be printed on the Notes and the Trustee may use CUSIP numbers in notices of redemption as a convenience to Holders. No representation is made as to the accuracy of such numbers either as printed
on the Notes or as contained in any notice of redemption and reliance may be placed only on the other identification numbers placed thereon. 
  

 A1-6 

 The Issuers will furnish to any Holder upon written request and without charge a copy of the Indenture
and/or the Registration Rights Agreement. Requests may be made to: 
  
 Consolidated Container Company LLC 
 Consolidated Container Capital, Inc. 
 3101 Towercreek Parkway, Suite 300 
 Atlanta,
GA 30339 
 Attention: General Counsel 
  
 19. Governing Law. THE NOTES AND THE GUARANTEES WILL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK,
WITHOUT REGARD TO CONFLICTS OF LAWS PRINCIPLES THEREOF. 
  

 A1-7 

 ASSIGNMENT FORM 
  
 To assign this Note, fill in the form below: 
  
 (I) or (we) assign and transfer this Note to: _________________________________________________________________________ 
 (Insert assignee’s legal name) 
  
                                       
                                        
                                        
                                        
                                        
                                        
                    
 (Insert
assignee’s soc. sec. or tax I.D. no.) 
  
                                       
                                        
                                        
                                        
                                        
                                        
                    
 (Print or type
assignee’s name, address and zip code) 
  
 and irrevocably appoint
                                        
                                        
                                        
                                        
         to transfer this Note on the books of the Issuers. The agent may substitute another to act for him. 
  
 Date:
                                 
  

			
		
	Your Signature:	 	 
	 	 	

	 	 	(Sign exactly as your name appears on the face of this Note)

  

			
		
	Signature Guarantee*:	 	 
	 	 	

  

	*	Participant in a recognized Signature Guarantee Medallion Program (or other signature guarantor acceptable to the Trustee). 

  

 A1-8 

 OPTION OF HOLDER TO ELECT PURCHASE 
  
 If you want to elect to have this Note purchased by the Issuers pursuant to Section 4.10 or 4.15 of the Indenture, check the appropriate box
below: 
  
      Section 4.10
                          Section 4.15 
  
 If you want to elect to have only part of the Note purchased by the Issuers pursuant to Section 4.10 or Section 4.15 of the Indenture, state
the amount you elect to have purchased: 
  
 $                                     
  
 Date:
                                 
  

			
		
	Your Signature:	 	 
	 	 	

	 	 	(Sign exactly as your name appears on the face of this Note)

  

			
		
	Tax Identification No.:	 	 
	 	 	

		
	Signature Guarantee*:	 	 
	 	 	

  

	*	Participant in a recognized Signature Guarantee Medallion Program (or other signature guarantor acceptable to the Trustee). 

  

 A1-9 

 SCHEDULE OF EXCHANGES OF INTERESTS IN THE GLOBAL NOTE 
  
 The following exchanges of a part of this Global Note for an interest in
another Global Note or for a Definitive Note, or exchanges of a part of another Global Note or Definitive Note for an interest in this Global Note, have been made: 
  

									
	 Date of
Exchange

	  	Amount of decrease
in Principal
Amount
of this Global Note

	  	Amount of in-
crease in Principal
Amount of
this Global Note

	  	Principal
Amount
of this Global
Note following
such decrease
(or increase)

	  	Signature of
authorized signa-
tory
of Trustee or
Note Custodian

  

 A1-10 

 EXHIBIT A2 
  

[Face of Regulation S Temporary Global Note] 
  
 103⁄4% Senior Secured Discount Notes due 2009 
  
 THIS NOTE IS ISSUED WITH ORIGINAL ISSUE DISCOUNT FOR PURPOSES OF 
 SECTION 1271 ET SEQ. OF THE INTERNAL REVENUE CODE. THE ISSUE DATE OF 
 THIS NOTE IS MAY 20, 2004 AND THE YIELD
IS 103⁄4%, COMPOUNDED SEMI- 
 ANNUALLY UP TO JUNE 15, 2007, AFTER WHICH CASH INTEREST WILL ACCRUE. 
 FOR EACH $1,000 PRINCIPAL AMOUNT AT MATURITY OF THIS NOTE, THE ISSUE 
 PRICE IS $725.13 AND THE TOTAL ORIGINAL ISSUE DISCOUNT OVER THE TERM OF 
 THIS NOTE IS $274.87; PROVIDED THAT
THE ISSUERS MAY ELECT TO ACCRUE AND 
 PAY CASH INTEREST PRIOR TO JUNE 15, 2007, WHICH WILL RESULT IN A LOWER 
 PRINCIPAL AMOUNT AT MATURITY IN ACCORDANCE WITH THE INDENTURE. 
  
 CUSIP/CINS
                    | 
 Principal amount at Maturity                          
  
 No. S-1
$                     
  
 CONSOLIDATED CONTAINER COMPANY LLC AND CONSOLIDATED CONTAINER CAPITAL, INC. 
  
 promises to pay to Cede & Co. or registered assigns, the principal sum of
                                        
                                        
         Dollars on June 15, 2009 (or such lesser principal amount specified in the Indenture governing this Note in the event cash interest accrued and was paid on or before June 15, 2007). 
  
 Interest Payment Dates: June 15 and December 15 
  
 Record Dates: June 1 and December 1 
  

 A2-1 

			
	 CONSOLIDATED CONTAINER COMPANY
     LLC

		
	 By:
	 	 Consolidated Container Holdings LLC, as its Sole Member and Manager

		
	 By:
	 	 
	 	 	

	 	 	 Name:

	 	 	Title:
	
	 CONSOLIDATED CONTAINER CAPITAL,
     INC.

		
	 By:
	 	 
	 	 	

	 	 	 Name:

	 	 	Title:

  
 Dated:
[                    ], 200[  ] 
  
 This is one of the Notes referred to in the within-mentioned Indenture: 
  

			
	 THE BANK OF NEW YORK, as Trustee

		
	By:	 	 
	 	 	

	 	 	 Authorized Signatory

  

 A2-2 

 [Back of Regulation S Temporary Global Note] 
  
 103⁄4% Senior Secured Discount Notes due 2009 
  
 THE RIGHTS ATTACHING TO THIS REGULATION S TEMPORARY GLOBAL NOTE, AND THE
CONDITIONS AND PROCEDURES GOVERNING ITS EXCHANGE FOR CERTIFICATED NOTES, ARE AS SPECIFIED IN THE INDENTURE (AS DEFINED HEREIN). NEITHER THE HOLDER NOR THE BENEFICIAL OWNERS OF THIS REGULATION S TEMPORARY GLOBAL NOTE SHALL BE ENTITLED TO RECEIVE
PAYMENT OF INTEREST HEREON. 
  
 “THIS GLOBAL NOTE IS HELD BY
THE DEPOSITARY (AS DEFINED IN THE INDENTURE GOVERNING THIS NOTE) OR ITS NOMINEE IN CUSTODY FOR THE BENEFIT OF THE BENEFICIAL OWNERS HEREOF, AND IS NOT TRANSFERABLE TO ANY PERSON UNDER ANY CIRCUMSTANCES EXCEPT THAT (I) THE TRUSTEE MAY MAKE SUCH
NOTATIONS HEREON AS MAY BE REQUIRED PURSUANT TO SECTION 2.07 OF THE INDENTURE, (II) THIS GLOBAL NOTE MAY BE EXCHANGED IN WHOLE BUT NOT IN PART PURSUANT TO SECTION 2.06(a) OF THE INDENTURE, (III) THIS GLOBAL NOTE MAY BE DELIVERED TO THE TRUSTEE FOR
CANCELLATION PURSUANT TO SECTION 2.11 OF THE INDENTURE AND (IV) THIS GLOBAL NOTE MAY BE TRANSFERRED TO A SUCCESSOR DEPOSITARY WITH THE PRIOR WRITTEN CONSENT OF THE ISSUERS. 
  
 UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITARY TO THE ISSUERS OR ITS AGENT FOR
REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITARY(AND ANY PAYMENT IS MADE TO CEDE & CO.
OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITARY), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS
AN INTEREST HEREIN.” 
  
 THIS NOTE (OR ITS PREDECESSOR) HAS
NOT BEEN REGISTERED UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND, ACCORDINGLY, MAY NOT BE OFFERED, SOLD, PLEDGED OR OTHERWISE TRANSFERRED WITHIN THE UNITED STATES OR TO, OR FOR THE ACCOUNT OR BENEFIT OF,
U.S. PERSONS, EXCEPT AS SET FORTH IN THE NEXT SENTENCE. BY ITS ACQUISITION HEREOF OR OF A BENEFICIAL INTEREST HEREIN, THE HOLDER: (1) REPRESENTS THAT (A) IT IS A “QUALIFIED INSTITUTIONAL BUYER” (AS DEFINED IN RULE 144A UNDER THE SECURITIES
ACT) (A “QIB”), (B) IT HAS ACQUIRED THIS NOTE IN AN OFFSHORE TRANSACTION IN COMPLIANCE WITH REGULATION S UNDER THE SECURITIES ACT OR (C) IT IS AN INSTITUTIONAL “ACCREDITED INVESTOR” (AS DEFINED IN RULE 501(A) (1), (2), (3) OR (7)
OR REGULATION D UNDER THE SECURITIES ACT (AN “IAI”), (2) AGREES THAT IT WILL NOT RESELL OR OTHERWISE TRANSFER THIS NOTE EXCEPT (A) TO THE ISSUERS 

  

 A2-3 

 
OR ANY OF OUR RESPECTIVE SUBSIDIARIES, (B) TO A PERSON WHOM THE SELLER REASONABLY BELIEVES IS A QIB PURCHASING FOR ITS OWN ACCOUNT OR FOR THE ACCOUNT OF A
QIB IN A TRANSACTION MEETING THE REQUIREMENTS OF RULE 144A, (C) IN AN OFFSHORE TRANSACTION MEETING THE REQUIREMENTS OF RULE 904 OF THE SECURITIES ACT, (D) IN A TRANSACTION MEETING THE REQUIREMENTS OF RULE 144 UNDER THE SECURITIES ACT, (E) TO AN IAI
THAT, PRIOR TO SUCH TRANSFER, FURNISHES THE TRUSTEE A SIGNED LETTER CONTAINING CERTAIN REPRESENTATIONS AND AGREEMENTS RELATING TO THE TRANSFER OF THIS NOTE (THE FORM OF WHICH CAN BE OBTAINED FROM THE TRUSTEE) AND, IF SUCH TRANSFER IS IN RESPECT OF
AN AGGREGATE PRINCIPAL AMOUNT AT MATURITY OF NOTES LESS THAN $250,000, AN OPINION OF COUNSEL ACCEPTABLE TO THE ISSUERS THAT SUCH TRANSFER IS IN COMPLIANCE WITH THE SECURITIES ACT, (F) IN ACCORDANCE WITH ANOTHER EXEMPTION FROM THE REGISTRATION
REQUIREMENTS OF THE SECURITIES ACT (AND BASED UPON AN OPINION OF COUNSEL ACCEPTABLE TO THE ISSUERS) OR (G) PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT AND, IN EACH CASE, IN ACCORDANCE WITH THE APPLICABLE SECURITIES LAWS OF ANY STATE OF THE
UNITED STATES OR ANY OTHER APPLICABLE JURISDICTION AND (3) AGREES THAT IT WILL DELIVER TO EACH PERSON TO WHOM THIS NOTE OR AN INTEREST HEREIN IS TRANSFERRED A NOTICE SUBSTANTIALLY TO THE EFFECT OF THIS LEGEND. 
  
 Capitalized terms used herein shall have the meanings assigned to them in the
Indenture referred to below unless otherwise indicated. 
  
 1.
Interest. (a) Consolidated Container Company LLC, a Delaware limited liability company (the “Company”) and Consolidated Container Capital, Inc., a Delaware corporation (“Capital,” and together with the
Company, the “Issuers”), promises to pay interest on the principal amount at maturity of this Note at 103⁄4% per annum. Unless the Issuers elect to pay cash interest as described below, prior to June 15, 2007, principal on this
Note will accrete in the form of an increase in the Accreted Value of the Note compounded semiannually on each June 15 and December 15 (each an “Interest Payment Date”) commencing June 15, 2004, to an aggregate principal amount of
$1,000 per Note at June 15, 2007. Commencing on June 15, 2007, cash interest on the Notes will accrue at the rate of 103⁄4% per annum and will be payable in cash semiannually on each Interest Payment Date, commencing on December 15, 2007, to
holders of record on the immediately preceding June 1 and December 1, respectively. 
  
 (b) Notwithstanding the foregoing, the Issuers may irrevocably elect to commence accruing cash interest on the Notes before June 15, 2007. If the Issuers do elect to begin accruing and paying cash interest, such
election must be made and declared on or before the Interest Payment Date (the “Cash Election Date”) preceding the first cash interest payment. From and after the Cash Election Date, (i) the Issuers will be obligated to pay cash
interest on each subsequent Interest Payment Date, (ii) the principal amount of the Notes will cease to accrete, and cash interest shall begin to accrue, after the Cash Election Date and (iii) the outstanding principal amount at maturity of each
Note will be equal to the Accreted Value of such Note as of the Cash Election Date. 
  

 A2-4 

 (c) Except as otherwise described in the subparagraphs (a) and (b) of this Paragraph 1, cash interest on
the Notes will accrue from the most recent date to which interest has been paid or, if no cash interest on the Notes has been paid prior to June 15, 2007, from and including June 15, 2007; provided that if there is no existing Default in the
payment of interest, and if this Note is authenticated between a Record Date referred to on the face hereof and the next succeeding Interest Payment Date, interest shall accrue from such next succeeding Interest Payment Date. The Issuers shall pay
interest (including post-petition interest in any proceeding under any Bankruptcy Law) on overdue principal and premium, if any, from time to time at a rate that is equal to the rate then in effect on the Notes pursuant to Section 2.12 of this
Indenture. The Issuers shall pay interest (including post-petition interest in any proceeding under any Bankruptcy Law) on overdue installments of interest and Liquidated Damages (without regard to any applicable grace periods) from time to time at
the same rate to the extent lawful on the Notes pursuant to Section 2.12 of the Indenture. Interest will be computed on the basis of a 360-day year of twelve 30-day months. 
  
 2. Method of Payment. The Issuers will pay interest on the Notes (except defaulted interest) and Liquidated Damages
to the Holders of record at the close of business on the June 1 or December 1 next preceding the Interest Payment Date, even if such Notes are canceled after such record date and on or before such Interest Payment Date, except as provided in Section
2.12 of the Indenture with respect to defaulted interest. The Notes will be payable as to Accreted Value, premium, if any, and Liquidated Damages, if any, and interest at the office or agency of the Issuers maintained for such purpose within or
without the City and State of New York, or, at the option of the Issuers, payment of interest and Liquidated Damages may be made by check mailed to the Holders at their addresses set forth in the register of Holders, provided that payment by wire
transfer of immediately available funds will be required with respect to Accreted Value of and interest, premium, if any, and Liquidated Damages on, all Global Notes and all other Notes the Holders of which shall have provided wire transfer
instructions to the Issuers or the Paying Agent. Such payment shall be in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts. 
  
 3. Paying Agent and Registrar. Initially, The Bank of New York, the
Trustee under the Indenture, will act as Paying Agent and Registrar. The Issuers may change any Paying Agent or Registrar without notice to any Holder. The Company or any of its Restricted Subsidiaries may act in any such capacity. 
  
 4. Indenture. The Issuers issued this Note under an Indenture, dated
as of May 20, 2004 (“Indenture”), between the Issuers, the Guarantors and the Trustee. The terms of the Notes include those stated in the Indenture and those made part of the Indenture by reference to the Trust Indenture Act of
1939, as amended (15 U.S. Code §§ 77aaa-77bbbb). The Notes are subject to all such terms, and Holders are referred to the Indenture and such Act for a statement of such terms. To the extent any provision of this Note conflicts with the
express provisions of the Indenture, the provisions of the Indenture shall govern and be controlling. The Notes are obligations of the Issuers limited in aggregate principal amount at maturity as specified in Section 2.02 of the Indenture.

  

 A2-5 

 5. Optional Redemption. 
  
 (c) Except as set forth in subparagraph (b) of this Paragraph 5, the Issuers shall not have the option to redeem the Notes
prior to June 15, 2007. On or after June 15, 2007, the Issuers may redeem all or part of the Notes upon not less than 30 nor more than 90 days’ notice, at the redemption prices (expressed as percentages of Accreted Value) set forth below plus
accrued and unpaid cash interest, if any, and Liquidated Damages thereon, if any, to the applicable redemption date, if redeemed during the periods indicated below: 
  

				
	 Year

	  	Percentage

	 
	 From June 15, 2007 through June 14, 2008
	  	105.375	%
	 From June 15, 2008 through November 14, 2008
	  	102.688	%
	 November 15, 2008 and thereafter
	  	100.000	%

  
 (d) Notwithstanding
the provisions of subparagraph (a) of this Paragraph 5, at any time prior to June 15, 2007, the Issuers may on any one or more occasions redeem up to 35% of the total principal amount at maturity of Notes issued under the Indenture at a redemption
price of 110.75% of the Accreted Value thereof, plus accrued and unpaid cash interest, if any, and Liquidated Damages, if any, to the redemption date, with the net cash proceeds of one or more Equity Offerings of the Company (or of Holdings to the
extent such proceeds are contributed to the Company); provided that (i) at least 65% of the total principal amount at maturity of Notes issued under the Indenture remain outstanding immediately after the occurrence of such redemption (excluding
Notes held by the Company and its Subsidiaries) and (ii) the redemption occurs within 90 days of the date of the closing of such Equity Offering. 
  
 6. Mandatory Redemption. Except as set forth in paragraph 7 below, the Issuers shall not be required to make mandatory redemption or sinking fund
payments with respect to the Notes. 
  
 7. Repurchase at Option
of Holder. 
  
 (e) If there is a Change of Control, as defined
in Section 1.01 of the Indenture, the Issuers shall be required to make a Change of Control Offer pursuant to Section 4.15 of the Indenture. Within 30 days following any Change of Control, the Issuers shall mail a notice to each Holder setting forth
the procedures governing the Change of Control Offer as required by the Indenture. 
  
 (f) If the Company or a Restricted Subsidiary consummates any Asset Sales, within ten Business Days of each date on which the aggregate amount of Excess Proceeds exceeds $15.0 million, the Issuers shall commence and
conduct an Asset Sale Offer pursuant to Sections 3.09 and 4.10 of the Indenture. Upon completion of each Asset Sale Offer, the amount of Excess Proceeds shall be reset at zero. Holders of Notes that are the subject of an Asset Sale Offer prior to
any related purchase date may elect to have such Notes purchased by completing the form entitled “Option of Holder to Elect Purchase” on the reverse of the Notes. 
  
 8. Notice of Redemption. Notice of redemption will be mailed at least 30 days but not more than 60 days before the
redemption date to each Holder whose Notes are to be redeemed 

  

 A2-6 

 
at its registered address. Notes in denominations larger than $1,000 principal amount at maturity may be redeemed in part but only in whole multiples of
$1,000 principal amount at maturity, unless all of the Notes held by a Holder are to be redeemed. On and after the redemption date principal ceases to accrete and interest ceases to accrue on Notes or portions thereof called for redemption.

  
 9. Denominations, Transfer, Exchange. The Notes are in
registered form without coupons in denominations of $1,000 principal amount at maturity and integral multiples of $1,000 principal amount at maturity (Holders of this Note are advised that the stated $1,000 “principal amount at maturity”
of each of the Notes will not be achieved if the Issuers elect to accrue cash interest prior to June 15, 2007, in accordance with the terms of this Note and the Indenture). The transfer of Notes may be registered and Notes may be exchanged as
provided in the Indenture. The Registrar and the Trustee may require a Holder, among other things, to furnish appropriate endorsements and transfer documents and the Issuers may require a Holder to pay any taxes and fees required by law or permitted
by the Indenture. The Issuers need not exchange or register the transfer of any Note or portion of a Note selected for redemption, except for the unredeemed portion of any Note being redeemed in part. Also, the Issuers need not exchange or register
the transfer of any Notes for a period of 15 days before the mailing of a notice of Notes to be redeemed or during the period between a record date and the corresponding Interest Payment Date. 
  
 10. Persons Deemed Owners. The registered Holder of a Note may be
treated as its owner for all purposes. 
  
 11. Amendment,
Supplement and Waiver. The Indenture, the Guarantees or the Notes may be amended or supplemented only as set forth in Article 9 of the Indenture. 
  
 12. Defaults and Remedies. Events of Default, acceleration and other remedies, and related matters are set forth in Article 6 of the Indenture.

  
 13. Trustee Dealings With Issuers. The Trustee, in its
individual or any other capacity, may make loans to, accept deposits from, and perform services for the Issuers or its Affiliates, and may otherwise deal with the Issuers or its Affiliates, as if it were not the Trustee. 
  
 14. No Recourse Against Others. A manager, director, officer,
employee, incorporator, stockholder or member, of any of the Issuers, as such, shall not have any liability for any obligations of the Issuers under the Notes or the Guarantors under the Guarantees or the Indenture or for any claim based on, in
respect of, or by reason of, such obligations or their creation. Each Holder by accepting a Note waives and releases all such liability. The waiver and release are part of the consideration for the issuance of the Notes. 
  
 15. Authentication. This Note shall not be valid until authenticated
by the manual signature of the Trustee or an authenticating agent. 
  
 16. Abbreviations. Customary abbreviations may be used in the name of a Holder or an assignee, such as: TEN COM (= tenants in common), TEN ENT (= tenants by the entireties), JT TEN (= joint tenants with right of survivorship and not
as tenants in common), CUST (= Custodian), and U/G/M/A ( = Uniform Gifts to Minors Act). 
  

 A2-7 

 17. Additional Rights of Holders of Restricted Global Notes and Restricted Definitive Notes. In
addition to the rights provided to Holders of Notes under the Indenture, Holders of Restricted Global Notes and Restricted Definitive Notes shall have all the rights set forth in the Registration Rights Agreement dated as of May 20, 2004, between
the Issuers and the parties named on the signature pages thereof (the “Registration Rights Agreement”). 
  
 18. CUSIP Numbers. Pursuant to a recommendation promulgated by the Committee on Uniform Security Identification Procedures, the Issuers have caused
CUSIP numbers to be printed on the Notes and the Trustee may use CUSIP numbers in notices of redemption as a convenience to Holders. No representation is made as to the accuracy of such numbers either as printed on the Notes or as contained in any
notice of redemption and reliance may be placed only on the other identification numbers placed thereon. 
  
 The Issuers will furnish to any Holder upon written request and without charge a copy of the Indenture and/or the Registration Rights Agreement. Requests
may be made to: 
  
 Consolidated Container Company LLC

 Consolidated Container Capital, Inc. 
 3101 Towercreek Parkway, Suite 300 
 Atlanta, GA 30339 
 Attention: General Counsel 
  
 19.
Governing Law. THE NOTES AND THE GUARANTEES WILL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK, WITHOUT REGARD TO CONFLICTS OF LAWS PRINCIPLES THEREOF. 
  

 A2-8 

 ASSIGNMENT FORM 
  
 To assign this Note, fill in the form below: 
  
 (I) or (we) assign and transfer this Note to: _______________________________________________________________________ 
 (Insert assignee’s legal name) 
  
 ___________________________________________________________________________________________________________ 
 (Insert assignee’s soc. sec. or tax I.D. no.) 
  
 ___________________________________________________________________________________________________________ 
 (Print or type assignee’s name, address and zip code) 
  
 and irrevocably appoint _________________________________________________________________________________ to transfer this Note on the books of the Issuers. The agent may
substitute another to act for him. 
  
 Date: ______________________________

  

			
		
	Your Signature:	 	 
	 	 	

	 	 	 (Sign exactly as your name appears on the face of this Note)

  

			
		
	Signature Guarantee*:	 	 
	 	 	

  

	*	Participant in a recognized Signature Guarantee Medallion Program (or other signature guarantor acceptable to the Trustee). 

  

 A2-9 

 OPTION OF HOLDER TO ELECT PURCHASE 
  
 If you want to elect to have this Note purchased by the Issuers pursuant to Section 4.10 or 4.15 of the Indenture, check the
appropriate box below: 
  
 _ Section
4.10                        _ Section 4.15 
  
 If you want to elect to have only part of the Note purchased by the Issuers pursuant to Section 4.10 or Section 4.15 of the
Indenture, state the amount you elect to have purchased: 
  
 $_____________________ 
  
 Date: _________________________ 
  

			
		
	Your Signature:	 	 
	 	 	

	 	 	 (Sign exactly as your name appears on the face of this Note)

  

			
		
	Signature Guarantee*:	 	 
	 	 	

		
	Tax Identification No.:	 	 
	 	 	

		
	Signature Guarantee*:	 	 
	 	 	

  

	*	Participant in a recognized Signature Guarantee Medallion Program (or other signature guarantor acceptable to the Trustee). 

  

 A2-10 

 SCHEDULE OF EXCHANGES OF REGULATION S TEMPORARY GLOBAL NOTE 
  
 The following exchanges of a part of this Regulation S Temporary Global Note
for an interest in another Global Note, or of other Restricted Global Notes for an interest in this Regulation S Temporary Global Note, have been made: 
  

									
	 Date of Exchange

	  	Amount of decrease
in Principal
Amount of this
Global Note

	  	Amount of increase
in Principal
Amount of this
Global Note

	  	Principal
Amount of
this Global
Note following
such decrease
(or increase)

	  	Signature of
authorized signatory
of Trustee or Note
Custodian

	 	  	 	  	 	  	 	  	 

  

 A2-11 

 EXHIBIT B 
  

FORM OF CERTIFICATE OF TRANSFER 
  
 FORM OF CERTIFICATE OF TRANSFER 
 Consolidated Container Company LLC

 Consolidated Container Capital, Inc. 
 3101 Towercreek Parkway,
Suite 300 
 Atlanta, GA 30339 
  
 The Bank of New York 
 101 Barclay Street, Floor 8 West 
 New York, New York 10286 
 Attention: Corporate Trust Administration

  

	 	Re:	Consolidated Container Company LLC’s and 

 Consolidated Container Capital, Inc.’s $207,000,000  
 103⁄4% Senior Secured Discount Notes due 2009 

  
 Reference is hereby made to the Indenture, dated as of May 20,
2004 (the “Indenture”), among Consolidated Container Company LLC (the “Company”) and Consolidated Container Capital, Inc. (“Capital” and together with the Company, the “Issuers”),
the Guarantors named therein and The Bank of New York, as trustee. Capitalized terms used but not defined herein shall have the meanings given to them in the Indenture. 
  
 ________________ (the “Transferor”) owns and proposes to transfer the Note[s] or interest in such Note[s]
specified in Annex A hereto, in the principal amount at maturity of $ ____________ in such Note[s] or interests (the “Transfer”), to ___________________ (the “Transferee”), as further specified in Annex A hereto. In connection
with the Transfer, the Transferor hereby certifies that: 
  
 [CHECK
ALL THAT APPLY] 
  
 1. _ Check if Transferee will take delivery of
a beneficial interest in the 144A Global Note or a Definitive Note Pursuant to Rule 144A. The Transfer is being effected pursuant to and in accordance with Rule 144A under the United States Securities Act of 1933, as amended (the “Securities
Act”), and, accordingly, the Transferor hereby further certifies that the beneficial interest or Definitive Note is being transferred to a Person that the Transferor reasonably believed and believes is purchasing the beneficial interest or
Definitive Note for its own account, or for one or more accounts with respect to which such Person exercises sole investment discretion, and such Person and each such account is a “qualified institutional buyer” within the meaning of Rule
144A in a transaction meeting the requirements of Rule 144A and such Transfer is in compliance with any applicable blue sky securities laws of any state of the United States. Upon consummation of the proposed Transfer in accordance with the terms of
the Indenture, the transferred beneficial interest or Definitive Note will be subject to the restrictions on transfer enumerated in the Private Placement Legend printed on the 144A Global Note and/or the Definitive Note and in the Indenture and the
Securities Act. 
  

 B-1 

 2. _ Check if Transferee will take delivery of a beneficial interest in the Temporary Regulation S Global
Note, the Regulation S Global Note or a Definitive Note pursuant to Regulation S. The Transfer is being effected pursuant to and in accordance with Rule 903 or Rule 904 under the Securities Act and, accordingly, the Transferor hereby further
certifies that (i) the Transfer is not being made to a person in the United States and (x) at the time the buy order was originated, the Transferee was outside the United States or (y) the transaction was executed in, on or through the facilities of
a designated offshore securities market and neither such Transferor nor any Person acting on its behalf knows that the transaction was prearranged with a buyer in the United States, (ii) no directed selling efforts have been made in contravention of
the requirements of Rule 903(b) or Rule 904(b) of Regulation S under the Securities Act, (iii) the transaction is not part of a plan or scheme to evade the registration requirements of the Securities Act and (iv) if the proposed transfer is being
made prior to the expiration of the Restricted Period, the transfer is not being made to a U.S. Person or for the account or benefit of a U.S. Person (other than an Initial Purchaser). Upon consummation of the proposed transfer in accordance with
the terms of the Indenture, the transferred beneficial interest or Definitive Note will be subject to the restrictions on Transfer enumerated in the Private Placement Legend printed on the Regulation S Global Note, the Temporary Regulation S Global
Note and/or the Definitive Note and in the Indenture and the Securities Act. 
  
 3. _ Check and complete if Transferee will take delivery of a beneficial interest in the IAI Global Note or a Definitive Note pursuant to any provision of the Securities Act other than Rule 144A or Regulation S. The
Transfer is being effected in compliance with the transfer restrictions applicable to beneficial interests in Restricted Global Notes and Restricted Definitive Notes and pursuant to and in accordance with the Securities Act and any applicable blue
sky securities laws of any state of the United States, and accordingly the Transferor hereby further certifies that (check one): 
  
 (a) _ such Transfer is being effected pursuant to and in accordance with Rule 144 under the Securities Act; 
  
 or 
  
 (b) _ such Transfer is being effected to the Issuers or a subsidiary thereof; 
  
 or 
  
 (c) _ such Transfer is being effected pursuant to an effective registration statement under the Securities
Act and in compliance with the prospectus delivery requirements of the Securities Act; 
  
 or 
  
 (d) _ such
Transfer is being effected to an Institutional Accredited Investor and pursuant to an exemption from the registration requirements of the Securities Act other than Rule 144A, Rule 144 or Rule 904, and the Transferor hereby further certifies that it
has not engaged in any general solicitation within the meaning of Regulation D under the Securities Act and the Transfer complies with the transfer restrictions applicable to beneficial interests in a Restricted Global Note or Restricted Definitive
Notes and the requirements 

  

 B-2 

 
of the exemption claimed, which certification is supported by (1) a certificate executed by the Transferee and (2) if such Transfer is in respect of a
principal amount at maturity of Notes at the time of transfer of less than $250,000, an Opinion of Counsel provided by the Transferor or the Transferee (a copy of which the Transferor has attached to this certification), to the effect that such
Transfer is in compliance with the Securities Act. Upon consummation of the proposed transfer in accordance with the terms of the Indenture, the transferred beneficial interest or Definitive Note will be subject to the restrictions on transfer
enumerated in the Private Placement Legend printed on the IAI Global Note and/or the Definitive Notes and in the Indenture and the Securities Act. 
  
 4. Check if Transferee will take delivery of a beneficial interest in an Unrestricted Global Note or of an Unrestricted Definitive Note. 
  
 (a) _ Check if Transfer is pursuant to Rule 144. (i) The Transfer is being
effected pursuant to and in accordance with Rule 144 under the Securities Act and in compliance with the transfer restrictions contained in the Indenture and any applicable blue sky securities laws of any state of the United States and (ii) the
restrictions on transfer contained in the Indenture and the Private Placement Legend are not required in order to maintain compliance with the Securities Act. Upon consummation of the proposed Transfer in accordance with the terms of the Indenture,
the transferred beneficial interest or Definitive Note will no longer be subject to the restrictions on transfer enumerated in the Private Placement Legend printed on the Restricted Global Notes, on Restricted Definitive Notes and in the Indenture.

  
 (b) _ Check if Transfer is Pursuant to Regulation S. (i) The
Transfer is being effected pursuant to and in accordance with Rule 903 or Rule 904 under the Securities Act and in compliance with the transfer restrictions contained in the Indenture and any applicable blue sky securities laws of any state of the
United States and (ii) the restrictions on transfer contained in the Indenture and the Private Placement Legend are not required in order to maintain compliance with the Securities Act. Upon consummation of the proposed Transfer in accordance with
the terms of the Indenture, the transferred beneficial interest or Definitive Note will no longer be subject to the restrictions on transfer enumerated in the Private Placement Legend printed on the Restricted Global Notes, on Restricted Definitive
Notes and in the Indenture. 
  
 (c) _ Check if Transfer is
Pursuant to Other Exemption. (i) The Transfer is being effected pursuant to and in compliance with an exemption from the registration requirements of the Securities Act other than Rule 144, Rule 903 or Rule 904 and in compliance with the transfer
restrictions contained in the Indenture and any applicable blue sky securities laws of any State of the United States and (ii) the restrictions on transfer contained in the Indenture and the Private Placement Legend are not required in order to
maintain compliance with the Securities Act. Upon consummation of the proposed Transfer in accordance with the terms of the Indenture, the transferred beneficial interest or Definitive Note will not be subject to the restrictions on transfer
enumerated in the Private Placement Legend printed on the Restricted Global Notes or Restricted Definitive Notes and in the Indenture. 
  
 This certificate and the statements contained herein are made for your benefit and the benefit of the Issuers. 
  

 B-3 

			
	[Insert Name of Transferor]
		
	By:	 	 
	 	 	

	 	 	 Name:
 Title:

  
 Dated:                                    

  

 B-4 

 ANNEX A TO CERTIFICATE OF TRANSFER 
  

	1.	The Transferor owns and proposes to transfer the following: 

  
 [CHECK ONE OF (a) OR (b)] 
  
 (a) _ a beneficial interest in the: 
  
 (i) _ 144A Global Note (CUSIP __________), or 
  
 (ii) _ Regulation S Global Note (CUSIP __________), or 
  
 [CHECK ONE OF (a) OR (b)] 
  
 (iii) _ IAI Global Note (CUSIP __________), or 
  
 (b) _ a Restricted Definitive Note. 
  

	2.	After the Transfer the Transferee will hold: [CHECK ONE] 

  
 (a) _ a beneficial interest in the: 
  
 (i) _ 144A Global Note (CUSIP __________), or 
  
 (ii) _ Regulation S Global Note (CUSIP __________), or 
  
 (iii) _ IAI Global Note (CUSIP __________), or 
  
 (iv) _ Unrestricted Global Note (CUSIP __________); or 
  
 (b) _ a Restricted Definitive Note; or 
  
 (c) _ an Unrestricted Definitive Note, 
  
 in accordance with the terms of the Indenture. 
  

 B-5 

 EXHIBIT C 
  

FORM OF CERTIFICATE OF EXCHANGE 
  
 Consolidated Container Company LLC 
 Consolidated Container Capital, Inc.

 3101 Towercreek Parkway, Suite 300 
 Atlanta, GA 30339

  
 The Bank of New York 
 101 Barclay Street, Floor 8 West 
 New York, New York 10286 
 Attention: Corporate Trust Administration 
  

	 	Re:	Consolidated Container Company LLC’s and 

 Consolidated Container Capital, Inc.’s $207,000,000  
 103⁄4% Senior Secured Discount Notes due 2009 

  
 (CUSIP __________) 
  
 Reference is hereby made to the Indenture, dated as of May 20, 2004 (the
“Indenture”), among Consolidated Container Company LLC (the “Company”) and Consolidated Container Capital, Inc. (“Capital” and together with the Company, the “Issuers”), the
Guarantors named therein and The Bank of New York, as trustee. Capitalized terms used but not defined herein shall have the meanings given to them in the Indenture. 
  
                                       
               (the “Owner”) owns and proposes to exchange the Note[s] or interest in such Note[s] specified herein, in the principal amount at maturity of
$                         in such Note[s] or interests (the “Exchange”). In connection with the Exchange, the
Owner hereby certifies that: 
  
 1. Exchange of
Restricted Definitive Notes or Beneficial Interests in a Restricted Global Note for Unrestricted Definitive Notes or Beneficial Interests in an Unrestricted Global Note 
  
 (a) _ Check if Exchange is from beneficial interest in a Restricted Global Note to beneficial interest in an
Unrestricted Global Note. In connection with the Exchange of the Owner’s beneficial interest in a Restricted Global Note for a beneficial interest in an Unrestricted Global Note in an equal principal amount at maturity, the Owner hereby
certifies (i) the beneficial interest is being acquired for the Owner’s own account without transfer, (ii) such Exchange has been effected in compliance with the transfer restrictions applicable to the Global Notes and pursuant to and in
accordance with the United States Securities Act of 1933, as amended (the “Securities Act”), (iii) the restrictions on transfer contained in the Indenture and the Private Placement Legend are not required in order to maintain
compliance with the Securities Act and (iv) the beneficial interest in an Unrestricted Global Note is being acquired in compliance with any applicable blue sky securities laws of any state of the United States. 
  

 C-1 

 (b) _ Check if Exchange is from beneficial interest in a Restricted Global Note to
Unrestricted Definitive Note. In connection with the Exchange of the Owner’s beneficial interest in a Restricted Global Note for an Unrestricted Definitive Note, the Owner hereby certifies (i) the Definitive Note is being acquired for the
Owner’s own account without transfer, (ii) such Exchange has been effected in compliance with the transfer restrictions applicable to the Restricted Global Notes and pursuant to and in accordance with the Securities Act, (iii) the restrictions
on transfer contained in the Indenture and the Private Placement Legend are not required in order to maintain compliance with the Securities Act and (iv) the Definitive Note is being acquired in compliance with any applicable blue sky securities
laws of any state of the United States. 
  
 (c) _
Check if Exchange is from Restricted Definitive Note to beneficial interest in an Unrestricted Global Note. In connection with the Owner’s Exchange of a Restricted Definitive Note for a beneficial interest in an Unrestricted Global Note, the
Owner hereby certifies (i) the beneficial interest is being acquired for the Owner’s own account without transfer, (ii) such Exchange has been effected in compliance with the transfer restrictions applicable to Restricted Definitive Notes and
pursuant to and in accordance with the Securities Act, (iii) the restrictions on transfer contained in the Indenture and the Private Placement Legend are not required in order to maintain compliance with the Securities Act and (iv) the beneficial
interest is being acquired in compliance with any applicable blue sky securities laws of any state of the United States. 
  
 (d) _ Check if Exchange is from Restricted Definitive Note to Unrestricted Definitive Note. In connection with the Owner’s Exchange
of a Restricted Definitive Note for an Unrestricted Definitive Note, the Owner hereby certifies (i) the Unrestricted Definitive Note is being acquired for the Owner’s own account without transfer, (ii) such Exchange has been effected in
compliance with the transfer restrictions applicable to Restricted Definitive Notes and pursuant to and in accordance with the Securities Act, (iii) the restrictions on transfer contained in the Indenture and the Private Placement Legend are not
required in order to maintain compliance with the Securities Act and (iv) the Unrestricted Definitive Note is being acquired in compliance with any applicable blue sky securities laws of any state of the United States. 
  
 2. Exchange of Restricted Definitive Notes or Beneficial
Interests in Restricted Global Notes for Restricted Definitive Notes or Beneficial Interests in Restricted Global Notes 
  
 (a) _ Check if Exchange is from beneficial interest in a Restricted Global Note to Restricted Definitive Note. In connection with the
Exchange of the Owner’s beneficial interest in a Restricted Global Note for a Restricted Definitive Note with an equal principal amount at maturity, the Owner hereby certifies that the Restricted Definitive Note is being acquired for the
Owner’s own account without transfer. Upon consummation of the proposed Exchange in accordance with the terms of the Indenture, the Restricted Definitive Note issued will continue 

  

 C-2 

 
to be subject to the restrictions on transfer enumerated in the Private Placement Legend printed on the Restricted Definitive Note and in the Indenture and
the Securities Act. 
  
 (b) _ Check if Exchange
is from Restricted Definitive Note to beneficial interest in a Restricted Global Note. In connection with the Exchange of the Owner’s Restricted Definitive Note for a beneficial interest in the [CHECK ONE] ? 144A Global Note, ? Regulation S
Global Note, ? IAI Global Note with an equal principal amount at maturity, the Owner hereby certifies (i) the beneficial interest is being acquired for the Owner’s own account without transfer and (ii) such Exchange has been effected in
compliance with the transfer restrictions applicable to the Restricted Global Notes and pursuant to and in accordance with the Securities Act, and in compliance with any applicable blue sky securities laws of any state of the United States. Upon
consummation of the proposed Exchange in accordance with the terms of the Indenture, the beneficial interest issued will be subject to the restrictions on transfer enumerated in the Private Placement Legend printed on the relevant Restricted Global
Note and in the Indenture and the Securities Act. 
  

 C-3 

 This certificate and the statements contained herein are made for your benefit and the benefit of the
Issuers. 
  

			
	[Insert Name of Transferor]
		
	By:	 	 
	 	 	

	 	 	 Name:

	 	 	 Title:

  
 Dated:                                 
  

 C-4 

 EXHIBIT D 
  

FORM OF CERTIFICATE FROM 
 ACQUIRING INSTITUTIONAL ACCREDITED INVESTOR 
  
 Consolidated
Container Company LLC 
 Consolidated Container Capital, Inc. 
 3101 Towercreek Parkway 
 Atlanta, GA 30339 
  
 The Bank of New York 
 101 Barclay Street, Floor 8 West 
 New York, New York 10286 
 Attention: Corporate Trust Administration

  

	 	Re:	Consolidated Container Company LLC’s and Consolidated Container Capital, Inc.’s $207,000,000 103⁄4% Senior Secured Discount Notes due 2009

  
 Reference is hereby made to the Indenture, dated
as of May 20, 2004 (the “Indenture”), among Consolidated Container Company LLC (the “Company”) and Consolidated Container Capital, Inc. (“Capital” and together with the Company, the
“Issuers”), the Guarantors named therein and The Bank of New York, as trustee. Capitalized terms used but not defined herein shall have the meanings given to them in the Indenture. 
  
 In connection with our proposed purchase of
$                     aggregate principal amount at maturity of: 
  
 (a) _ a beneficial interest in a Global Note, or 
  
 (b) _ a Definitive Note, 
  
 we confirm that: 
  
 1. We understand that any subsequent transfer of the Notes or any interest therein is subject to certain restrictions and conditions set forth in the
Indenture and the undersigned agrees to be bound by, and not to resell, pledge or otherwise transfer the Notes or any interest therein except in compliance with, such restrictions and conditions and the United States Securities Act of 1933, as
amended (the “Securities Act”). 
  
 2. We
understand that the offer and sale of the Notes have not been registered under the Securities Act, and that the Notes and any interest therein may not be offered or sold except as permitted in the following sentence. We agree, on our own behalf and
on behalf of any accounts for which we are acting as hereinafter stated, that if we should sell the Notes or any interest therein, we will do so only (A) to the Issuers or any subsidiary thereof, (B) in accordance with Rule 144A under the Securities
Act to a “qualified institutional buyer” (as defined therein), (C) to an institutional “accredited investor” (as defined below) that, prior to such transfer, furnishes (or has furnished on its behalf by a U.S. broker-dealer) to
you and to the Issuers a signed 

  

 D-1 

 
letter substantially in the form of this letter and, if such transfer is in respect of a principal amount at maturity of Notes, at the time of transfer of
less than $250,000, an Opinion of Counsel in form reasonably acceptable to the Issuers to the effect that such transfer is in compliance with the Securities Act, (D) outside the United States in accordance with Rule 904 of Regulation S under the
Securities Act, (E) pursuant to the provisions of Rule 144(k) under the Securities Act or (F) pursuant to an effective registration statement under the Securities Act, and we further agree to provide to any person purchasing the Definitive Note or
beneficial interest in a Global Note from us in a transaction meeting the requirements of clauses (A) through (E) of this paragraph a notice advising such purchaser that resales thereof are restricted as stated herein. 
  
 3. We understand that, on any proposed resale of the Notes or beneficial
interest therein, we will be required to furnish to you and the Issuers such certifications, legal opinions and other information as you and the Issuers may reasonably require to confirm that the proposed sale complies with the foregoing
restrictions. We further understand that the Notes purchased by us will bear a legend to the foregoing effect. 
  
 4. We are an institutional “accredited investor” (as defined in Rule 501(a)(1), (2), (3) or (7) of Regulation D under the Securities Act) and
have such knowledge and experience in financial and business matters as to be capable of evaluating the merits and risks of our investment in the Notes, and we and any accounts for which we are acting are each able to bear the economic risk of our
or its investment. 
  
 5. We are acquiring the Notes or beneficial
interest therein purchased by us for our own account or for one or more accounts (each of which is an institutional “accredited investor”) as to each of which we exercise sole investment discretion and without a view to the distribution
thereof in violation of the Securities Act. 
  
 You and the
Issuers are entitled to rely upon this letter and are irrevocably authorized to produce this letter or a copy hereof to any interested party in any administrative or legal proceedings or official inquiry with respect to the matters covered hereby.

  

			
	[Insert Name of Accredited Investor]
		
	By:	 	 
	 	 	

	 	 	 Name:

	 	 	 Title:

  
 Dated:                                 
  

 D-2 

 EXHIBIT E 
  

FORM OF NOTATION OF GUARANTEE 
  
 For value received, each Guarantor (which term includes any successor Person under the Indenture) has, jointly and severally, guaranteed, on a senior
secured basis to the extent set forth in the Indenture and subject to the provisions in the Indenture, dated as of May 20, 2004 (the “Indenture”), among Consolidated Container Company LLC (the “Company”) and
Consolidated Container Capital, Inc. (“Capital” and together with the Company, the “Issuers”), the Guarantors named therein and The Bank of New York, as trustee (the “Trustee”), (a) the due and
punctual payment of the principal of, premium, if any, and interest on the Notes (as defined in the Indenture), whether at maturity, by acceleration, redemption or otherwise, the due and punctual payment of interest on overdue principal and premium,
if any, and, to the extent permitted by law, interest, and the due and punctual performance of all other obligations of the Issuers to the Holders or the Trustee all in accordance with the terms of the Indenture and (b) in case of any extension of
time of payment or renewal of any Notes or any of such other obligations, that the same will be promptly paid in full when due or performed in accordance with the terms of the extension or renewal, whether at stated maturity, by acceleration or
otherwise. The obligations of the Guarantors to the Holders of Notes and to the Trustee pursuant to the Guarantee and the Indenture are expressly set forth in Article 11 of the Indenture and reference is hereby made to the Indenture for the precise
terms of the Guarantee. Each Holder of a Note, by accepting the same, (a) agrees to and shall be bound by such provisions, (b) authorizes and directs the Trustee, on behalf of such Holder, to take such action as may be necessary or appropriate to
effectuate the subordination as provided in the Indenture and (c) appoints the Trustee attorney-in-fact of such Holder for such purpose. 
  
 The Guarantee shall not be valid or obligatory for any purpose until the certificate of authentication on the Note upon which the Guarantee is noted shall
have been executed by the Trustee by the manual of facsimile signature of one of its authorized signatories. 
  
 Dated: [                    ], 200[  ] 
  

			
	REID PLASTICS GROUP LLC
		
	By:	 	 Consolidated Container Company LLC, as its Sole Member and Manager

		
	By:	 	 Consolidated Container Holdings LLC, as its Sole Member and Manager

		
	By:	 	 
	 	 	

	 	 	 Name:

	 	 	 Title:

  

 E-1 

			
	PLASTIC CONTAINERS LLC
		
	By:	 	 Consolidated Container Company LLC, as its Sole Member and Manager

		
	By:	 	 Consolidated Container Holdings LLC, as its Sole Member and Manager

		
	By:	 	 
	 	 	

	 	 	 Name:

	 	 	 Title:

	
	CONSOLIDATED CONTAINER COMPANY LP
		
	By:	 	 Plastic Containers LLC, as its General Partner

		
	By:	 	 Consolidated Container Company LLC, as its Sole Member and Manager

		
	By:	 	 Consolidated Container Company LLC, as its Sole Member and Manager

		
	By:	 	 
	 	 	

	 	 	 Name:

	 	 	 Title:

	
	 CONTINENTAL CARIBBEAN CONTAINERS, INC.

		
	By:	 	 
	 	 	

	 	 	 Name:

	 	 	 Title:

  

 E-2 

 EXHIBIT F 
  

FORM OF SUPPLEMENTAL INDENTURE 
 TO
BE DELIVERED BY SUBSEQUENT GUARANTORS 
  
 SUPPLEMENTAL
INDENTURE (this “Supplemental Indenture”), dated as of
                                , among
                                 (the “Guaranteeing Subsidiary”),
a subsidiary of                                  (or its permitted successor), a
[Delaware] corporation (the “Company”), the Issuers, the other Guarantors (as defined in the Indenture referred to herein) and The Bank of New York, a New York banking corporation, as trustee under the Indenture referred to below
(the “Trustee”). 
  
 W I T N E S S E T H

  
 WHEREAS, the Issuers have heretofore executed and
delivered to the Trustee an indenture (the “Indenture”), dated as of May 20, 2004 providing for the issuance of 103⁄4% Senior Secured Discount Notes due 2009 (the “Notes”) in an initial issuance of an aggregate
principal amount at maturity of up to $207,000,000, and providing for subsequent issuance of Additional Notes; 
  
 WHEREAS, the Indenture provides that under certain circumstances the Guaranteeing Subsidiary shall execute and deliver to the Trustee a supplemental
indenture pursuant to which the Guaranteeing Subsidiary shall unconditionally guarantee on an unsecured, senior subordinated basis all of the Issuers’ Obligations under the Notes and the Indenture on the terms and conditions set forth herein
(the “Guarantee”); and 
  
 WHEREAS, pursuant to
Section 9.01 of the Indenture, the Trustee is authorized to execute and deliver this Supplemental Indenture. 
  
 NOW THEREFORE, in consideration of the foregoing and for other good and valuable consideration, the receipt of which is hereby acknowledged, the
Guaranteeing Subsidiary and the Trustee mutually covenant and agree for the equal and ratable benefit of the Holders of the Notes as follows: 
  
 1. Capitalized Terms. Capitalized terms used herein without definition shall have the meanings assigned to them in the Indenture. 
  
 2. Agreement To Guarantee. The Guaranteeing Subsidiary hereby agrees
as follows: 
  
 (a) Along with all Guarantors
named in the Indenture, to jointly and severally guarantee on a senior, secured basis to each Holder of a Note authenticated and delivered by the Trustee and to the Trustee and its successors and assigns, the Notes or the obligations of the Issuers
hereunder or thereunder, that: 
  
 (i) the
principal of and interest on the Notes will be promptly paid in full when due, whether at maturity, by acceleration, redemption or otherwise, and interest on the overdue principal of and interest on the Notes, if any, if lawful, and 

  

 F-1 

 
all other obligations of the Issuers to the Holders or the Trustee hereunder or thereunder will be promptly paid in full or performed, all in accordance with
the terms hereof and thereof; and 
  
 (ii) in
case of any extension of time of payment or renewal of any Notes or any of such other obligations, that same will be promptly paid in full when due or performed in accordance with the terms of the extension or renewal, whether at stated maturity, by
acceleration or otherwise. Failing payment when due of any amount so guaranteed or any performance so guaranteed for whatever reason, the Guarantors shall be jointly and severally obligated to pay the same immediately. 
  
 (b) The obligations hereunder shall be unconditional,
irrespective of the validity, regularity or enforceability of the Notes or the Indenture, the absence of any action to enforce the same, any waiver or consent by any Holder of the Notes with respect to any provisions hereof or thereof, the recovery
of any judgment against the Issuers, any action to enforce the same or any other circumstance which might otherwise constitute a legal or equitable discharge or defense of a guarantor. 
  
 (c) The following is hereby waived: diligence, presentment, demand of payment, filing of claims with a court
in the event of insolvency or bankruptcy of the Issuers, any right to require a proceeding first against the Issuers, protest, notice and all demands whatsoever. 
  
 (d) This Guarantee shall not be discharged except by complete performance of the obligations contained in
the Notes and the Indenture, and the Guaranteeing Subsidiary accepts all obligations of a Guarantor under the Indenture. 
  
 (e) If any Holder or the Trustee is required by any court or otherwise to return to the Issuers, the Guarantors, or any Custodian,
Trustee, liquidator or other similar official acting in relation to either the Issuers or the Guarantors, any amount paid by either to the Trustee or such Holder, this Guarantee, to the extent theretofore discharged, shall be reinstated in full
force and effect. 
  
 (f) The Guaranteeing
Subsidiary shall not be entitled to any right of subrogation in relation to the Holders in respect of any obligations guaranteed hereby until payment in full of all obligations guaranteed hereby. 
  
 (g) As between the Guarantors, on the one hand, and the
Holders and the Trustee, on the other hand, (x) the maturity of the obligations guaranteed hereby may be accelerated as provided in Article 6 of the Indenture for the purposes of this Guarantee, notwithstanding any stay, injunction or other
prohibition preventing such acceleration in respect of the obligations guaranteed hereby, and (y) in the event of any declaration of acceleration of such obligations as provided in Article 6 of the Indenture, such obligations (whether or not due and
payable) shall forthwith become due and payable by the Guarantors for the purpose of this Guarantee. 
  

 F-2 

 (h) The Guarantors shall have the right to seek contribution from any non-paying
Guarantor so long as the exercise of such right does not impair the rights of the Holders under the Guarantee. 
  
 (i) Pursuant to Section 11.03 of the Indenture, after giving effect to any maximum amount and any other contingent and fixed liabilities
that are relevant under any applicable Bankruptcy or fraudulent conveyance laws, and after giving effect to any collections from, rights to receive contribution from or payments made by or on behalf of any other Guarantor in respect of the
obligations of such other Guarantor under Article 11 of the Indenture, this new Guarantee shall be limited to the maximum amount permissible such that the obligations of such Guarantor under this Guarantee will not constitute a fraudulent transfer
or conveyance under either federal or state law. 
  
 3.
Execution and Delivery. Each Guaranteeing Subsidiary agrees that the Guarantees shall remain in full force and effect notwithstanding any failure to endorse on each Note a notation of such Guarantee. 
  
 4. Guaranteeing Subsidiary May Consolidate, Etc. on Certain Terms.

  
 (a) Except as provided in Section 11.06 of the Indenture, the
Guaranteeing Subsidiary may not sell or otherwise dispose of all or substantially all of its assets to, or consolidate with or merge with or into (whether or not such Guarantor is the surviving Person) another Person other than the Company or
another Guarantor unless: 
  
 (i) subject to
Section 11.06 of the Indenture, either (i) the Person acquiring the property in such sale or disposition or the Person formed by or surviving any such consolidation or merger (if other than a Guarantor or the Company) unconditionally assumes all the
obligations of such Guarantor, pursuant to a supplemental indenture in form and substance reasonably satisfactory to the Trustee, under the Notes, the Indenture, the Guarantee, the Security Documents and the Registration Rights Agreement on the
terms set forth herein or therein or (ii) the Net Proceeds of such a sale or other disposition are applied in accordance with Sections 3.09 and 4.10 of the Indenture; and 
  
 (ii) if such merger or consolidation is with a Person other than either of the Issuers or a Restricted
Subsidiary immediately after giving effect to such transaction, no Default or Event of Default exists. 
  
 (b) In case of any such consolidation, merger, sale or conveyance and upon the assumption by the successor Person, by supplemental indenture, executed and
delivered to the Trustee and satisfactory in form to the Trustee, of the Guarantee endorsed upon or annexed to the Notes and the due and punctual performance of all of the covenants and conditions of the Indenture to be performed by the Guarantor,
such successor Person shall succeed to and be substituted for the Guarantor with the same effect as if it had been named herein as a Guarantor. Such successor Person thereupon may cause to be signed any or all of the Guarantees to be endorsed upon
or annexed to all of the Notes issuable hereunder which theretofore shall not have been signed by the Company and delivered to the Trustee. All the Guarantees so issued shall in all respects have the same legal rank and benefit under the Indenture
as the Guarantees theretofore and thereafter 

  

 F-3 

 
issued in accordance with the terms of the Indenture as though all of such Guarantees had been issued at the date of the execution hereof. 
  
 (c) Except as set forth in Articles 4 and 5 of the Indenture, and
notwithstanding clauses (a)(i) and (a)(ii) above, nothing contained in the Indenture or in any of the Notes shall prevent any consolidation or merger of a Guarantor with or into the Company or another Guarantor, or shall prevent any sale or
conveyance of the property of a Guarantor as an entirety or substantially as an entirety to the Company or another Guarantor. 
  
 5. Releases. 
  
 (a) In the event of (i) a sale or other disposition of all or substantially all of the assets of any Guarantor, by way of merger, consolidation or
otherwise, or (ii) a sale or other disposition of all of the Capital Stock of any Guarantor, in each case to a Person that is not (either before or after giving effect to such transactions) a Restricted Subsidiary of the Company, then such Guarantor
(in the event of a sale or other disposition, by way of merger, consolidation or otherwise, of all of the Capital Stock of such Guarantor) or the Person acquiring the property (in the event of a sale or other disposition of all or substantially all
of the assets of such Guarantor) will be released and relieved of any obligations under its Guarantee; provided that the Net Proceeds of such sale or other disposition are applied in accordance with the applicable provisions of the Indenture. In
addition, in the event that the Company properly designates any Restricted Subsidiary that is a Guarantor as an Unrestricted Subsidiary, such Guarantor will be released and relieved of any obligations under its Guarantee. Upon delivery by the
Company to the Trustee of an Officers’ Certificate and an Opinion of Counsel to the effect that such sale or other disposition was made by the Company in accordance with Section 4.10 of the Indenture, or notification by the Company that a
Restricted Subsidiary was designated as an Unrestricted Subsidiary, the Trustee shall execute any documents reasonably required in order to evidence the release of any Guarantor from its obligations under its Guarantee. 
  
 (b) Any Guarantor not released from its obligations under its Guarantee shall
remain liable for the full amount of principal of and interest on the Notes and for the other obligations of any Guarantor under the Indenture as provided in Article 11 of the Indenture. 
  
 6. No Recourse Against Others. No past, present or future manager, director, officer, employee, incorporator,
stockholder, member or agent of the Guaranteeing Subsidiary, as such, shall have any liability for any obligations of the Issuers or any Guaranteeing Subsidiary under the Notes, any Guarantees, the Indenture or this Supplemental Indenture or for any
claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder of the Notes by accepting a Note waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes.
Such waiver may not be effective to waive liabilities under the federal securities laws and it is the view of the SEC that such a waiver is against public policy. 
  
 7. THIS SUPPLEMENTAL INDENTURE WILL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK,
WITHOUT REGARD TO CONFLICTS OF LAWS PRINCIPLES THEREOF. 
  

 F-4 

 8. Counterparts. The parties may sign any number of copies of this Supplemental Indenture. Each
signed copy shall be an original, but all of them together represent the same agreement. 
  
 9. Effect of Headings. The Section headings herein are for convenience only and shall not affect the construction hereof. 
  

10. The Trustee. The Trustee shall not be responsible in any manner whatsoever for or in respect of the validity or sufficiency of this
Supplemental Indenture or for or in respect of the recitals contained herein, all of which recitals are made solely by the Guaranteeing Subsidiary and the Issuers. 
  
 IN WITNESS WHEREOF, the parties hereto have caused this Supplemental Indenture to be duly executed, all as of the date first
above written. 
  
 Dated:
                    ,          
  

			
	 [GUARANTEEING SUBSIDIARY]

		
	By:	 	 
	 	 	

	 	 	 Name:

	 	 	 Title:

	
	 CONSOLIDATED CONTAINER COMPANY LLC

		
	By:	 	 Consolidated Container Holdings LLC, as its Sole Member and Manager

		
	By:	 	 
	 	 	

	 	 	 Name:

	 	 	 Title:

	
	 CONSOLIDATED CONTAINER CAPITAL, INC.

		
	By:	 	 
	 	 	

	 	 	 Name:

	 	 	 Title:

  

 F-5 

			
	[EXISTING GUARANTORS]
		
	By:	 	 
	 	 	

	 	 	 Name:

	 	 	 Title:

	
	THE BANK OF NEW YORK, as Trustee
		
	By:	 	 
	 	 	

	 	 	 Name:

	 	 	 Title:

  

 F-6 

 EXHIBIT G 
  

FORM OF INCUMBENCY CERTIFICATE 
  
 The undersigned,                     , being
the                      of
                     (the “Company”) does hereby certify that the individuals listed below are qualified and acting officers of the
Company as set forth in the right column opposite their respective names and the signatures appearing in the extreme right column opposite the name of each such officer is a true specimen of the genuine signature of such officer and such individuals
have the authority to execute documents to be delivered to, or upon the request of, The Bank of New York, as Trustee under the Indenture dated as of
                     , 20    , by and between the Company and The Bank of New York. 
  

					
	 Name

	  	 Title

	  	 Signature

	 _______________
	  	 _______________
	  	 _______________

	 _______________
	  	 _______________
	  	 _______________

	 _______________
	  	 _______________
	  	 _______________

  
 IN WITNESS WHEREOF,
the undersigned has duly executed and delivered this Certificate as of the              day of
                    , 20    . 
  

					
			
	 	 	 	 	 
	 	 	

	 	 	 Name:
	 	 
	 	 	 	 	

	 	 	 Title:
	 	 
	 	 	 	 	

  

 G-1 

 Schedule I 
  

SCHEDULE OF GUARANTORS 
  
 The following schedule lists each Guarantor under the Indenture as of the date of the Indenture: 
  
 Reid Plastics Group LLC 
 Plastic Containers LLC 
 Continental Caribbean Containers, Inc. 
 Consolidated Container Company LP 
  

 S-1

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