Document:

EX-4.2

 Exhibit 4.2 

EQUINIX, INC., 
 U.S. BANK
NATIONAL ASSOCIATION, 
 as Trustee, 

ELAVON FINANCIAL SERVICES DAC, UK BRANCH, 

as Paying Agent 
 and 

ELAVON FINANCIAL SERVICES DAC, 
 as
Registrar 
  
  

2.875% Senior Notes due 2024 
  

 
 Second
Supplemental Indenture 
 Dated as of March 14, 2018 

to 
 Indenture dated as
of December 12, 2017 

 TABLE OF CONTENTS 

 

							
	 	 	 	  	Page	 
		 	ARTICLE 1	  			
		 	DEFINITIONS AND OTHER PROVISIONS OF GENERAL APPLICATION	  			
			
	 Section 1.01.
	 	 Definitions
	  	 	1	 
	 Section 1.02.
	 	 Conflicts with Base Indenture
	  	 	19	 
	 Section 1.03.
	 	 References to Interest
	  	 	19	 
			
		 	ARTICLE 2	  			
		 	THE NOTES	  			
			
	 Section 2.01.
	 	 Amount; Series; Terms
	  	 	19	 
	 Section 2.02.
	 	 Denominations
	  	 	20	 
	 Section 2.03.
	 	 Form of Notes
	  	 	20	 
	 Section 2.04.
	 	 Currency of Notes
	  	 	20	 
	 Section 2.05.
	 	 Registrar and Paying Agent
	  	 	20	 
	 Section 2.06.
	 	 Book-Entry Provisions
	  	 	20	 
			
		 	ARTICLE 3	  			
		 	REDEMPTION AND PREPAYMENT	  			
			
	 Section 3.01.
	 	 Redemption
	  	 	21	 
	 Section 3.02.
	 	 Optional Redemption of the Notes
	  	 	21	 
	 Section 3.03.
	 	 Tax Redemption
	  	 	22	 
	 Section 3.04.
	 	 Repurchase Offer
	  	 	23	 
			
		 	ARTICLE 4	  			
		 	COVENANTS	  			
			
	 Section 4.01.
	 	 Payment of Notes
	  	 	25	 
	 Section 4.02.
	 	 Reports to Holders
	  	 	25	 
	 Section 4.03.
	 	 Sale and Leaseback Transactions
	  	 	26	 
	 Section 4.04.
	 	 Limitation on Liens
	  	 	26	 
	 Section 4.05.
	 	 Offer to Repurchase Upon Change of Control Triggering Event
	  	 	27	 
	 Section 4.06.
	 	 Payments for Consent
	  	 	28	 
	 Section 4.07.
	 	 Payment of Additional Amounts
	  	 	28	 
			
		 	ARTICLE 5	  			
		 	MERGER, CONSOLIDATION, OR SALE OF ASSETS	  			
			
	 Section 5.01.
	 	 Merger, Consolidation, or Sale of Assets
	  	 	31	 
			
		 	ARTICLE 6	  			
		 	EVENTS OF DEFAULT	  			
			
	 Section 6.01.
	 	 Events of Default
	  	 	32	 
	 Section 6.02.
	 	 Other Amendments
	  	 	34	 

  
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		 	ARTICLE 7	  			
		 	LEGAL DEFEASANCE AND COVENANT DEFEASANCE	  			
			
	 Section 7.01.
	 	 Legal Defeasance and Covenant Defeasance
	  	 	34	 
			
		 	ARTICLE 8	  			
		 	[RESERVED]	  			
			
		 	ARTICLE 9	  			
		 	SATISFACTION AND DISCHARGE	  			
			
		 	ARTICLE 10	  			
		 	MISCELLANEOUS	  			
			
	 Section 10.01.
	 	 Sinking Funds
	  	 	35	 
	 Section 10.02.
	 	 Supplemental Indenture
	  	 	35	 
	 Section 10.03.
	 	 No Guarantees
	  	 	35	 
	 Section 10.04.
	 	 Confirmation of Indenture
	  	 	35	 
	 Section 10.05.
	 	 Counterparts
	  	 	35	 
	 Section 10.06.
	 	 Governing Law
	  	 	35	 
	 Section 10.07.
	 	 Waiver of Jury Trial
	  	 	35	 
	 Section 10.08.
	 	 Concerning the Paying Agent and the Registrar
	  	 	36	 
	 Section 10.09.
	 	 Trustee Disclaimer
	  	 	36	 
			
	 Exhibit A
	 	 Form of Note
	  	 	A-1	 

  
 -ii- 

 SECOND SUPPLEMENTAL INDENTURE, dated as of March 14, 2018 (this “Supplemental
Indenture”), to the Indenture dated as of December 12, 2017 (as amended, modified or supplemented from time to time in accordance therewith, other than with respect to a particular series of debt securities, the “Base
Indenture” and, as amended, modified and supplemented by this Supplemental Indenture, the “Indenture”), by and among Equinix, Inc. (the “Company,” as more fully set forth in Section 1.01), U.S. Bank
National Association, as trustee (the “Trustee”), Elavon Financial Services DAC, UK Branch, as paying agent and Elavon Financial Services DAC, as registrar. 

Each party agrees as follows for the benefit of the other party and for the equal and ratable benefit of the Holders of the Notes (as defined
herein): 
 WHEREAS, the Company has duly authorized the execution and delivery of the Base Indenture to provide for the issuance from time
to time of senior debt securities to be issued in one or more series as provided in the Base Indenture; 
 WHEREAS, the Company has duly
authorized the execution and delivery, and desires and has requested the Trustee to join it in the execution and delivery, of this Supplemental Indenture in order to establish and provide for the issuance by the Company of a series of Notes
designated as its 2.875% Senior Notes due 2024 (the “Initial Notes”) in an aggregate principal amount of €750,000,000, on the terms set forth herein; 

WHEREAS, Article 9 of the Base Indenture provides that a supplemental indenture may be entered into by the parties for such purpose provided
certain conditions are met; 
 WHEREAS, the conditions set forth in the Base Indenture for the execution and delivery of this Supplemental
Indenture have been met; and 
 WHEREAS, all things necessary to make this Supplemental Indenture a valid agreement of the parties, in
accordance with its terms, and a valid amendment of, and supplement to, the Base Indenture with respect to the Notes have been done; 
 NOW,
THEREFORE: 
 ARTICLE 1 

DEFINITIONS AND OTHER PROVISIONS OF GENERAL APPLICATION 

Section 1.01. Definitions. Capitalized terms used herein and not otherwise defined herein have the meanings assigned to
them in the Base Indenture. The words “herein,” “hereof” and “hereby” and other words of similar import used in this Supplemental Indenture refer to this Supplemental Indenture as a whole and not to any particular
section hereof. 
 In addition to the definitions set forth in Article 1 of the Base Indenture, this Supplemental Indenture shall include
the following definitions, which, in the event of a conflict with the definition of terms in the Base Indenture, shall control: 

“Additional Notes” has the meaning set forth in Section 2.01(b). 

“Acquired Indebtedness” means Indebtedness of a Person or any of its Subsidiaries existing at the time such Person becomes a
Restricted Subsidiary of the Company or at the time it merges or consolidates with or into the Company or any of its Subsidiaries or that is assumed in connection with the acquisition of assets from such Person, in each case whether or not incurred
by such Person in connection with, or in anticipation or contemplation of, such Person becoming a Restricted Subsidiary of the Company or such acquisition, merger or consolidation. 

 “Agency Agreement” means that certain agency agreement, dated as of
March 14, 2018, among the Company, Elavon Financial Services DAC, UK Branch, as paying agent, Elavon Financial Services DAC, as registrar, and the Trustee. 

“Applicable Premium” means, with respect to any note on any Redemption Date, the greater of: 

 

	 	(1)	1.0% of the principal amount of the note; and 

  

	 	(2)	the excess of: 

 (a) the present value at such Redemption Date of (i) the redemption price
of the note at September 15, 2020 (such redemption price being set forth in the table appearing under Section 3.02(c), plus (ii) all required interest payments due on the note through September 15, 2020 (excluding accrued but
unpaid interest, if any, to, but not including, the Redemption Date), computed using a discount rate equal to the Bund Rate as of such Redemption Date plus 50 basis points; over 

(b) the principal amount of the note, if greater. 

Neither the Trustee nor any paying agent shall have any obligation to calculate or verify the calculation of the Applicable Premium. 

“ASC” means FASB Accounting Standards Codification. 

“Asset Acquisition” means (1) an investment by the Company or any Restricted Subsidiary of the Company in any other
Person pursuant to which such Person shall become a Restricted Subsidiary of the Company or any Restricted Subsidiary of the Company, or shall be merged with or into the Company or any Restricted Subsidiary of the Company, or (2) the
acquisition by the Company or any Restricted Subsidiary of the Company of the assets of any Person (other than a Restricted Subsidiary of the Company) that constitute all or substantially all of the assets of such Person or comprises any division or
line of business of such Person or any other properties or assets of such Person other than in the ordinary course of business. 

“Attributable Debt” means, in respect of a Sale and Leaseback Transaction, the present value, discounted at the interest rate
implicit in such Sale and Leaseback Transaction, of the total obligations of the lessee for rental payments during the remaining term of the lease in such Sale and Leaseback Transaction. 

“Bank Facility” means any credit agreement, including the Credit Agreement dated December 12, 2017, among Bank of
America, N.A., Equinix, Inc. and the guarantors 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 one or more credit agreements, loan agreements or similar agreements or indentures extending the maturity of, refinancing, replacing or otherwise
restructuring (including increasing the amount of available borrowings thereunder or adding Restricted Subsidiaries of the Company as additional borrowers or guarantors thereunder) all or any portion of the Indebtedness under such agreement or
agreements or any successor or replacement agreement or agreements and whether by the same or any other agent, holders, lender or group of lenders. 

  
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 “Base Indenture” has the meaning specified in the introductory paragraph of this
Supplemental Indenture. 
 “Bund Rate” means, with respect to any relevant date, the rate per annum equal to the equivalent
yield to maturity as of such date of the Comparable German Bund Issue, assuming a price for the Comparable German Bund Issue (expressed as a percentage of its principal amount) equal to the Comparable German Bund Price for such relevant date;
provided, however, that in no case for any purposes under the Indenture shall the Bund Rate be less than 0.00%. 

“Capitalized Lease Obligations” means, as to any Person, the obligations of such Person under a lease that are required to be
classified and accounted for as capital lease obligations under GAAP and, for purposes of this definition, the amount of such obligations at any date shall be the capitalized amount of such obligations at such date, determined in accordance with
GAAP. 
 “Cash Equivalents” means: 

(a) debt securities denominated in Euro, pounds sterling or U.S. dollars to be issued or directly and fully guaranteed or
insured by the government of a Participating Member State, the U.K. or the U.S., as applicable, where the debt securities have not more than twelve months to final maturity and are not convertible into any other form of security; 

(b) commercial paper denominated in Euro, pounds sterling or U.S. dollars maturing no more than one year from the date of
creation thereof and, at the time of acquisition, having a rating of at least P1 from Moody’s and A1 from S&P; 

(c) certificates of deposit denominated in Euro, pounds sterling or U.S. dollars having not more than twelve months to maturity
issued by a bank or financial institution incorporated or having a branch in a Participating Member State in the United Kingdom or the United States, provided that the bank is rated P1 by Moody’s or A1 by S&P; 

(d) any cash deposit denominated in Euro, pounds sterling or U.S. dollars with any commercial bank or other financial
institution, in each case whose long term unsecured, unsubordinated debt rating is at least A3 by Moody’s or A- by S&P; 

(e) repurchase obligations with a term of not more than seven days for underlying securities of the types described in clause
(a) above entered into with any bank or financial institution meeting the qualifications specified in clause (d) above; and 

(f) investments in money market funds which invest substantially all their assets in securities of the types described in
clauses (a) through (e) above. 
 “Change of Control” means the occurrence of one or more of the following events:

 (1) any sale, lease, exchange or other transfer (in one transaction or a series of related transactions) of all or
substantially all of the assets of the Company to any Person or group of related Persons for purposes of Section 13(d) of the Exchange Act (a “Group”), together with any Affiliates thereof (whether or not otherwise in
compliance with the provisions of the Indenture); 

  
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 (2) the approval by the holders of Capital Stock of the Company of any plan or
proposal for the liquidation or dissolution of the Company (whether or not otherwise in compliance with the provisions of the Indenture); or 

(3) any Person or Group shall become the owner, directly or indirectly, beneficially or of record, of shares representing more
than 50% of the aggregate ordinary voting power represented by the issued and outstanding Capital Stock of the Company. 
 For the avoidance
of doubt, the consummation of the Company Conversion shall not constitute a “Change of Control.” 
 “Change of Control
Offer” has the meaning set forth in Section 4.05(a). 
 “Change of Control Payment” has the meaning set forth
in Section 4.05(a). 
 “Change of Control Payment Date” has the meaning set forth in Section 4.05(b). 

“Change in Tax Law” has the meaning set forth in Section 3.03(a). 

“Change of Control Triggering Event” means, in each case, the occurrence of both (i) a Change of Control and (ii) a
Rating Event. 
 “Clearstream” means Clearstream Banking, a société anonyme as currently in effect or
any successor securities clearing agency. 
 “Company” has the meaning specified in the introductory paragraph of this
Supplemental Indenture, and subject to the provisions of ARTICLE 5, shall include its successors and assigns. 
 “Company
Conversion” means the actions taken by the Company and its Subsidiaries in connection with Company’s qualification as a REIT, including without limitation, (y) separating from time to time all or a portion of its United States and
international businesses into, as defined by the Code, taxable REIT subsidiaries (“TRS”) and/or qualified REIT subsidiaries (“QRS”) (it being understood that any such TRS and/or QRS shall remain Restricted
Subsidiaries, as prior to the Company Conversion) and (z) amending its charter to impose ownership limitations on the Company’s Capital Stock directly or indirectly by merging into a Wholly Owned Restricted Subsidiary of the Company. 

“Comparable German Bund Issue” means the German Bundesanleihe security selected by any Reference German Bund Dealer as
having a fixed maturity most nearly equal to the period from the applicable Redemption Date to September 15, 2020, and that would be utilized at the time of selection and in accordance with customary financial practice, in pricing new issues of
Euro denominated corporate debt securities in a principal amount approximately equal to the then outstanding principal amount of the Notes and of a maturity most nearly equal to September 15, 2020; provided, however, that, if the
period from the applicable Redemption Date to September 15, 2020, is less than one year, a fixed maturity of one year shall be used. 

  
 -4- 

 “Comparable German Bund Price” means, with respect to any relevant date, the
average of all Reference German Bund Dealer Quotations for such date (which, in any event, must include at least two such quotations), after excluding the highest and lowest such Reference German Bund Dealer Quotations, or if the Company obtains
fewer than four such Reference German Bund Dealer Quotations, the average of all such quotations 
 “Consolidated Depreciation,
Amortization and Accretion Expense” means with respect to any Person for any period, the total amount of depreciation and amortization (including amortization of goodwill and other intangibles but excluding amortization of prepaid cash
expenses that were paid in a prior period) and accretion expense, including the amortization of deferred financing fees or costs of such Person and its Restricted Subsidiaries for such period on a consolidated basis and otherwise determined in
accordance with GAAP. 
 “Consolidated EBITDA” means, with respect to any Person for any period, the Consolidated Net
Income of such Person for such period: 
 (a) increased (without duplication) by the following, in each case to the extent
deducted in determining Consolidated Net Income for such period: 
 (1) provision for taxes based on income or profits or
capital, including, without limitation, federal, state, franchise and similar taxes and foreign withholding taxes (including any levy, impost, deduction, charge, rate, duty, compulsory loan or withholding which is levied or imposed by a governmental
agency, and any related interest, penalty, charge, fee or other amount) of such Person paid or accrued during such period deducted (and not added back) in computing Consolidated Net Income; plus 

(2) Consolidated Interest Expense of such Person for such period to the extent the same were deducted (and not added back) in
calculating such Consolidated Net Income; plus 
 (3) Consolidated Depreciation, Amortization and Accretion Expense of such
Person for such period to the extent that the same were deducted (and not added back) in computing Consolidated Net Income; plus 

(4) any expenses or charges (other than depreciation or amortization expense) related to any Equity Offering or the incurrence
of Indebtedness permitted to be incurred in accordance with the Indenture (including a refinancing thereof) (whether or not successful), in each case, deducted (and not added back) in computing Consolidated Net Income; plus 

(5) any other Non-cash Charges, including any provisions, provision in-creases, write-offs or write-downs reducing Consolidated Net Income for such period (provided that if any such Non-cash Charges represent an accrual or reserve for
potential cash items in any future period, the cash payment in respect thereof in such future period shall be subtracted from Consolidated EBITDA to such extent), and excluding amortization of a prepaid cash item that was paid in a prior period;
plus 
 (6) any costs or expenses incurred by the Company or a Restricted Subsidiary pursuant to any management equity plan
or stock option plan or any other management or employee benefit plan or agreement or any stock subscription or stockholder agreement, to the extent that such cost or expenses are funded with cash proceeds contributed to the capital of the Company
or net cash proceeds of an issuance of Equity Interest of the Company (other than Disqualified Capital Stock); plus 

  
 -5- 

 (7) cash receipts (or any netting arrangements resulting in reduced cash
expenditures) not representing Consolidated EBITDA or Consolidated Net Income in any period to the extent non-cash gains relating to such income were deducted in the calculation of Consolidated EBITDA pursuant
to clause (b) below for any previous period and not added back; plus 
 (8) any net loss from disposed or discontinued
operations; plus 
 (9) any net unrealized loss (after any offset) resulting in such period from obligations under any
Currency Agreements and the application of ASC 815; provided that to the extent any such Currency Agreement relates to items included in the preparation of the income statement (as opposed to the balance sheet, as reasonably determined by the
Company), the realized loss on a Currency Agreement shall be included to the extent the amount of such hedge gain or loss was excluded in a prior period; plus 

(10) any net unrealized loss (after any offset) resulting in such period from (A) currency translation or exchange losses
including those (x) related to currency remeasurements of Indebtedness and (y) resulting from hedge agreements for currency exchange risk and (B) changes in the fair value of Indebtedness resulting from changes in interest rates; plus

 (11) the amount of any minority interest expense (less the amount of any cash dividends paid in such period to holders of
such minority interests); plus 
 (12) the amount of any costs and expenses associated with the Company Conversion,
including, without limitation, planning and advisory costs related to the foregoing; and 
 (b) decreased (without
duplication) by the following, in each case to the extent included in determining Consolidated Net Income for such period: 

(1) non-cash gains increasing Consolidated Net Income of such Person for such period,
excluding any non-cash gains to the extent they represent the reversal of an accrual or reserve for a potential cash item that reduced Consolidated EBITDA in any prior period and any non-cash gains with respect to cash actually received in a prior period so long as such cash did not increase Consolidated EBITDA in such prior period; 

(2) any net gain from disposed or discontinued operations; 

(3) any net unrealized gain (after any offset) resulting in such period from obligations under any Currency Agreements and the
application of ASC 815; provided that to the extent any such Currency Agreement relates to items included in the preparation of the income statement (as opposed to the balance sheet, as reasonably determined by the Company), the realized gain
on a Currency Agreement shall be included to the extent the amount of such hedge gain or loss was excluded in a prior period; plus 

  
 -6- 

 (4) any net unrealized gains (after any offset) resulting in such period from
(A) currency translation or exchange gains including those (x) related to currency remeasurements of Indebtedness and (y) resulting from hedge agreements for currency exchange risk and (B) changes in the fair value of
Indebtedness resulting from changes in interest rates. 
 For purposes of this definition, calculations shall be done after giving effect on
a pro forma basis for the period of such calculation to: 
 (1) the incurrence or repayment of any Indebtedness or the
designation or elimination (including by de-designation) of any Designated Revolving Commitments of such Person or any of its Restricted Subsidiaries (and the application of the proceeds thereof) giving rise
to the need to make such calculation and any incurrence or repayment of other Indebtedness (and the application of the proceeds thereof), other than the incurrence or repayment of Indebtedness in the ordinary course of business for working capital
purposes pursuant to working capital facilities, occurring during the Four Quarter Period or at any time subsequent to the last day of the Four Quarter Period and on or prior to the Transaction Date, as if such incurrence or repayment of
Indebtedness or designation or elimination (including by de-designation) of Designated Revolving Commitments, as the case may be (and the application of the proceeds thereof), occurred on the first day of the
Four Quarter Period (and in the case of Designated Revolving Commitments, as if Indebtedness in the full amount of any undrawn Designated Revolving Commitments had been incurred throughout such period); and 

(2) any asset sales or other dispositions or Asset Acquisitions (including, without limitation, any Asset Acquisition giving
rise to the need to make such calculation as a result of such Person or one of its Restricted Subsidiaries (including any Person who becomes a Restricted Subsidiary as a result of the Asset Acquisition) incurring, assuming or otherwise being liable
for Acquired Indebtedness and also including any Consolidated EBITDA (including any pro forma expense and cost reductions calculated on a basis consistent with Regulation S-X promulgated under the Exchange
Act) attributable to the assets which are the subject of the Asset Acquisition or asset sale or other disposition during the Four Quarter Period) occurring during the Four Quarter Period or at any time subsequent to the last day of the Four Quarter
Period and on or prior to the Transaction Date, as if such asset sale or other disposition or Asset Acquisition (including the incurrence, assumption or liability for any such Acquired Indebtedness) occurred on the first day of the Four Quarter
Period. If such Person or any of its Restricted Subsidiaries directly or indirectly guarantees Indebtedness of a third Person, the preceding sentence shall give effect to the incurrence of such guaranteed Indebtedness as if such Person or any
Restricted Subsidiary of such Person had directly incurred or otherwise assumed such guaranteed Indebtedness. 
 “Consolidated
Interest Expense” means, with respect to any Person for any period, the sum of, without duplication: 
 (1) the
aggregate of the interest expense of such Person and its Restricted Subsidiaries for such period determined on a consolidated basis in accordance with GAAP, including without limitation: (a) any amortization of debt discount and the
amortization or write-off of deferred financing costs, including commitment fees; (b) the net costs under Interest Swap Obligations; (c) all capitalized interest;
(d) non-cash interest expense (other than non-cash interest on any convertible or exchangeable debt issued by the Company that exists by virtue of the bifurcation
of the debt and equity components of such convertible or 

  
 -7- 

 
exchangeable notes and the application of ASC 470-20 (or related accounting pronouncement(s))); (e) commissions, discounts and other fees and charges owed
with respect to letters of credit and banker’s acceptance financing; (f) dividends with respect to Disqualified Capital Stock; (g) dividends with respect to Preferred Stock of Restricted Subsidiaries of such Person; (h) imputed
interest with respect to Sale and Leaseback Transactions; and (i) the interest portion of any deferred payment obligation; plus 

(2) the interest component of Capitalized Lease Obligations paid, accrued and/or scheduled to be paid or accrued by such Person
and its Restricted Subsidiaries during such period as determined on a consolidated basis in accordance with GAAP; less 

(3) interest income for such period. 

“Consolidated Net Income” means, with respect to any Person, for any period, the aggregate net income (or loss) of such
Person and its Restricted Subsidiaries for such period on a consolidated basis, determined in accordance with GAAP; provided that there shall be excluded therefrom (without duplication): 

(1) any after tax effect of extraordinary, non-recurring or unusual gains or losses
(including all fees and expenses relating thereto) or expenses (including relating to the transaction contemplated hereby); 

(2) any net after tax gains or losses on disposal of disposed, abandoned or discontinued operations; 

(3) any after tax effect of gains or losses (including all fees and expenses relating thereto) attributable to sale, transfer,
license, lease or other disposition of assets or abandonments or the sale, transfer or other disposition of any Equity Interest of any Person other than in the normal course of business; 

(4) the net income for such period of any Person that is not a Subsidiary, or is an Unrestricted Subsidiary, or that is
accounted for by the equity method of accounting, except to the extent of cash dividends or distributions paid to the Company or to a Restricted Subsidiary of the Company by such Person; 

(5) any after tax effect of income (loss) from the early extinguishment of (1) Indebtedness, (2) obligations under any
Currency Agreement or (3) other derivative instruments; 
 (6) any impairment charge or asset write-off or write-down, including impairment charges or asset write-offs or write-downs related to intangible assets, long-lived assets, investments in debt and equity securities or as a result of a change in law
or regulation, in each case, pursuant to GAAP, and the amortization of intangibles arising pursuant to GAAP; 
 (7) any non-cash compensation charge or expense including any such charge arising from the grants of stock appreciation or similar rights, stock options, restricted stock or other rights; 

(8) any fees and expenses incurred during such period, or any amortization thereof for such period, in connection with any
issuance or repayment of Indebtedness, issuance of Equity Interests, refinancing transaction, amendment or modification of any debt instrument; 

  
 -8- 

 (9) income or loss attributable to discontinued operations (including, without
limitation, operations disposed of during such period whether or not such operations were classified as discontinued); 

(10) in the case of a successor to the referent Person by consolidation or merger or as a transferee of the referent
Person’s assets, any earnings of the successor entity prior to such consolidation, merger or transfer of assets; 
 (11)
the net income (but not loss) of any Restricted Subsidiary of the referent Person to the extent that the declaration of dividends or similar distributions by that Restricted Subsidiary of that income is restricted by contract, operation of law or
otherwise; and 
 (12) acquisition-related costs resulting from the application of ASC 805. 

In addition, to the extent not already included in the Consolidated Net Income of such Person and its Restricted Subsidiaries, notwithstanding
anything to the contrary in the foregoing, but without duplication, Consolidated Net Income shall include the amount of proceeds received from business interruption insurance and reimbursements of any expenses and charges that are covered by
indemnification or other reimbursement provisions in connection with any sale, conveyance, transfer or other disposition of assets permitted under the Indenture (in each case, whether or not non-recurring).

 “Currency Agreement” means any foreign exchange contract, currency swap agreement or other similar agreement or
arrangement designed to protect the Company or any Restricted Subsidiary of the Company against fluctuations in currency values. 

“Definitive Note” means a certificated Note registered in the name of the Holder thereof and issued in accordance with
Section 2.08 of the Base Indenture, substantially in the form of Exhibit A hereto, except that such Note shall not bear the Global Security Legend and shall not have the “Schedule of Exchanges of Interests in the Global Note”
attached thereto. 
 “delivered” with respect to any notice to be delivered, given or mailed to a Holder pursuant to the
Indenture, shall mean notice (x) given to the Depositary (or its designee) in accordance with accepted procedures of Euroclear or Clearstream (in the case of a Global Note) or (y) mailed to such Holder by first class mail, postage prepaid,
at its address as it appears on the register of Holders. Notice so “delivered” shall be deemed to include any notice to be “mailed” or “given,” as applicable, under the Indenture. 

“Depositary” means Elavon Financial Services DAC, as common depositary for Euroclear and Clearstream, or any successor. 

“Designated Revolving Commitments” means the amount or amounts of any commitments to make loans or extend credit on a
revolving basis to the Company or any of its Restricted Subsidiaries by any Person other than the Company or any of its Restricted Subsidiaries that has or have been designated (but only to the extent so designated) in an Officers’ Certificate
delivered to the Trustee as “Designated Revolving Commitments” until such time as the Company subsequently delivers an Officers’ Certificate to the Trustee to the effect that the amount or amounts of such commitments shall no longer
constitute “Designated Revolving Commitments.” 

  
 -9- 

 “Disqualified Capital Stock” means that portion of any Capital Stock which, by
its terms (or by the terms of any security into which it is convertible or for which it is exchangeable at the option of the holder thereof), or upon the happening of any event (other than an event which would constitute a Change of Control),
matures or is mandatorily redeemable pursuant to a sinking fund obligation or otherwise, or is redeemable at the sole option of the holder thereof (except, in each case, upon the occurrence of a Change of Control), in each case, on or prior to the
final maturity date of the Notes. 
 “Domestic Restricted Subsidiary” means a Restricted Subsidiary incorporated or
otherwise organized under the laws of the United States, any State thereof or the District of Columbia. 
 “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 any public or private sale of Common Stock or Preferred Stock of the Company (excluding Disqualified
Capital Stock), other than: 
 (a) public offerings with respect to the Company’s or any direct or indirect parent
company’s common stock registered on Form S-4 or Form S-8 (or similar forms under non-U.S. law); 

(b) issuances to any Subsidiary of the Company; 

(c) issuances pursuant to the exercise of options or warrants outstanding on the date hereof; 

(d) issuances upon conversion of securities convertible into Common Stock outstanding on the date hereof; 

(e) issuances in connection with an acquisition of property in a transaction entered into on an
arm’s-length basis; and 
 (f) issuances pursuant to employee stock plans. 

“Euro” or “€” means the lawful currency of the member states of the European Union who have agreed to
share a common currency in accordance with the provisions of the Maastricht Treaty dealing with European monetary union. 

“Euroclear” means Euroclear Bank SA/NV, or any successor securities clearing agency. 

“European Government Obligations” means direct obligations (or certificates representing an ownership interest in such
obligations) of a member state of the European Union (including any agency or instrumentality thereof) for the payment of which the full faith and credit of such government is pledged. For purposes of this Supplemental Indenture and the Notes,
references in the Base Indenture to “Government Obligations” shall be deemed to refer to “European Government Obligations.” 

  
 -10- 

 “Event of Default” has the meaning set forth in Section 6.01. 

“fair market value” means, with respect to any asset or property, the price which could be negotiated in an arm’s-length, free market transaction, for cash, between a willing seller and a willing and able buyer, neither of whom is under undue pressure or compulsion to complete the transaction. Fair market value shall
be determined by the Board of Directors of the Company or any duly appointed officer of the Company or a Restricted Subsidiary, as applicable, acting reasonably and in good faith and, in respect of any asset or property with a fair market value in
excess of $50.0 million, shall be determined by the Board of Directors of the Company and shall be evidenced by a Board Resolution of the Board of Directors of the Company delivered to the Trustee. 

“Fitch” means Fitch Ratings Inc. or any successor to the rating agency business thereof. 

“Four Quarter Period” means the period of four full fiscal quarters for which financial statements are available ending prior
to the date of the transaction (the “Transaction Date”) giving rise to the need to calculate the Secured Leverage Ratio. 

“GAAP” means generally accepted accounting principles set forth in the statements and pronouncements of the Financial
Accounting Standards Board or in such other statements by such other entity as may be approved by a significant segment of the accounting profession of the United States, which are in effect as of July 11, 2011. 

“Global Notes” means, individually and collectively, each of the Global Securities deposited with or on behalf of and
registered in the name of the Depositary or its nominee, substantially in the form of Exhibit A hereto and that bears the Global Security Legend and that has the “Schedule of Exchanges of Interests in the Global Note” attached
thereto, issued in accordance with Section 2.03 of the Base Indenture and Section 2.03 hereof. 
 “Global Securities
Legend” means the legend set forth in Exhibit A hereto, which is required to be placed on all Global Notes issued under the Indenture. 

“Holder” means a Person in whose name a Note is registered. 

“incur” means, collectively, create, incur, assume, guarantee, acquire, become liable, contingently or otherwise, with
respect to, or otherwise become responsible for payment of (collectively, “incur”) any Indebtedness. 

“Indebtedness” means with respect to any Person, without duplication: 

(1) all Obligations of such Person for borrowed money; 

(2) all Obligations of such Person evidenced by bonds, debentures, notes or other similar instruments; 

(3) all Capitalized Lease Obligations and all Attributable Debt of such Person; 

(4) all Obligations of such Person issued or assumed as the deferred purchase price of property, all conditional sale
obligations and all Obligations under any title retention agreement (but excluding (i) trade accounts payable and other accrued liabilities arising in the ordinary course of business that are not overdue by 120 days or more or are being
contested in good faith by appropriate proceedings promptly instituted and diligently conducted and (ii) any earn-out obligation until such obligation becomes a liability on the balance sheet of such
Person in accordance with GAAP); 

  
 -11- 

 (5) all Obligations for the reimbursement of any obligor on any letter of credit,
banker’s acceptance or similar credit transaction (other than obligations with respect to letters of credit (A) securing Obligations (other than Obligations described in (1)-(4) above) entered into 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 fifth Business Day following receipt by such Person of a demand for reimbursement following payment on
the letter of credit) or (B) that are otherwise cash collateralized; 
 (6) guarantees and other contingent obligations
in respect of Indebtedness referred to in clauses (1) through (5) above and clause (8) below; 
 (7) all
Obligations of any other Person of the type referred to in clauses (1) through (6) that are secured by any Lien on any property or asset of such Person, the amount of such Obligation being deemed to be the lesser of the fair market value of
such property or asset or the amount of the Obligation so secured; 
 (8) all Obligations under Currency Agreements and
Interest Swap Obligations of such Person; 
 (9) all Disqualified Capital Stock issued by such Person or Preferred Stock
issued by such Person’s non-Domestic Restricted Subsidiaries with the amount of Indebtedness represented by such Disqualified Capital Stock or Preferred Stock being equal to the greater of its voluntary
or involuntary liquidation preference and its maximum fixed repurchase price, but excluding accrued dividends, if any; and 

(10) the aggregate amount of Designated Revolving Commitments in effect on such date. 

For purposes hereof, the “maximum fixed repurchase price” of any Disqualified Capital Stock which does not have a fixed repurchase
price shall be calculated in accordance with the terms of such Disqualified Capital Stock as if such Disqualified Capital Stock were purchased on any date on which Indebtedness shall be required to be determined pursuant to the Indenture, and if
such price is based upon, or measured by, the fair market value of such Disqualified Capital Stock, such fair market value shall be determined reasonably and in good faith by the Board of Directors of the issuer of such Disqualified Capital Stock.

 “Indenture” means the Base Indenture, as supplemented by this Supplemental Indenture, as amended or supplemented from
time to time. 
 “Initial Notes” has the meaning specified in the recitals of this Supplemental Indenture. 

“Interest Swap Obligations” means the obligations of any Person pursuant to any arrangement with any other Person, whereby,
directly or indirectly, such Person is entitled to receive from time to time periodic payments calculated by applying either a floating or a fixed rate of interest on a stated notional amount in exchange for periodic payments made by such other
Person calculated by applying a fixed or a floating rate of interest on the same notional amount and shall include, without limitation, interest rate swaps, caps, floors, collars and similar agreements. 

  
 -12- 

 “Interest Payment Date” has the meaning set forth in Section 2.01(d). 

“Issue Date” means March 14, 2018. 

“Legal Holiday” means a Saturday, a Sunday or a day on which banking institutions in the State of New York or London, United
Kingdom are authorized or required by law to close. If a payment date is a Legal Holiday, payment shall be made on the next succeeding day that is not a Legal Holiday, and no interest shall accrue on such payment for the intervening period. If a
regular record date is a Legal Holiday, such record date shall not be affected. 
 “Material Subsidiary” means a
“significant subsidiary” as defined in Rule 1-02(w) of Regulation S-X under the Securities Act. 

“Moody’s” means Moody’s Investors Service, Inc., or any successor to the rating agency business thereof. 

“Non-cash Charges” means, with respect to any Person, (a) losses on asset sales,
disposals or abandonments, (b) any impairment charge or asset write-off related to intangible assets, long-lived assets, and investments in debt and equity securities pursuant to GAAP, (c) all losses
from investments recorded using the equity method, (d) stock-based awards compensation expense, and (e) other non-cash charges (provided that if any
non-cash charges referred to in this clause (e) represent an accrual or reserve for potential cash items in any future period, the cash payment in respect thereof in such future period shall be subtracted
from Consolidated EBITDA to such extent, and excluding amortization of a prepaid cash item that was paid in a prior period). 

“Notes” means, for all purposes under the Indenture (including, without limitation, the covenants set forth in the Base
Indenture) the Initial Notes issued on the date hereof and any Additional Notes. The Initial Notes and the Additional Notes shall be treated as a single class for all purposes under the Indenture, and unless the context otherwise requires, all
references to the Notes shall include the Initial Notes and any Additional Notes. 
 “Obligations” means all obligations
for principal, premium, interest, penalties, fees, indemnifications, reimbursements, damages and other liabilities payable under the documentation governing any Indebtedness. 

“Offer Amount” has the meaning set forth in Section 3.04. 

“Offer Period” has the meaning set forth in Section 3.04. 

“Officers’ Certificate” means a certificate signed by two Officers, at least one of whom shall be the principal
executive officer or principal financial officer of the Company, and delivered to the Trustee; provided that any such certificate to be delivered pursuant to Section 4.07 shall be signed by one Officer who shall be the principal
financial officer of the Company. 
 “Pari Passu Indebtedness” means any Indebtedness of the Company that ranks pari
passu in right of payment with the Notes. 
 “Participating Member State” means each state, so described in any
European Monetary Union legislation, which was a participating member state on December 31, 2003. 
 “Paying Agent”
has the meaning set forth in Section 2.05(a). 

  
 -13- 

 “Permitted Liens” means the following types of Liens: 

(1) Liens for taxes, assessments or governmental charges or claims either (a) not delinquent or (b) contested in good
faith by appropriate proceedings and as to which the Company or its Restricted Subsidiaries shall have set aside on its books such reserves as may be required pursuant to GAAP; 

(2) statutory Liens of landlords and Liens of carriers, warehousemen, mechanics, suppliers, materialmen, repairmen and other
Liens imposed by law incurred 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; 
 (3) Liens incurred 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, or to secure the performance of
tenders, statutory obligations, surety and appeal bonds, bids, leases, government contracts, performance and return-of-money bonds and other similar obligations
(exclusive of obligations for the payment of borrowed money); 
 (4) judgment Liens not giving rise to an Event of Default so
long as such Lien is adequately bonded and any appropriate legal proceedings which may have been duly 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; 
 (5) easements,
rights-of-way, zoning restrictions and other similar charges or encumbrances in respect of real property not interfering in any material respect with the ordinary
conduct of the business of the Company or any of its Restricted Subsidiaries; 
 (6) any interest or title of a lessor under
any Capitalized Lease Obligation; provided that such Liens do not extend to any property or assets which is not leased property subject to such Capitalized Lease Obligation (other than other property that is subject to a separate lease from
such lessor or any of its Affiliates); 
 (7) Liens securing Purchase Money Indebtedness incurred in the ordinary course of
business; provided that (a) such Purchase Money Indebtedness shall not exceed the purchase price or other cost of such property or equipment and shall not be secured by any property or equipment of the Company or any Restricted
Subsidiary of the Company other than the property and equipment so acquired or other property that was acquired from such seller or any of its Affiliates with the proceeds of Purchase Money Indebtedness and (b) the Lien securing such Purchase
Money Indebtedness shall be created within 360 days of such acquisition; 
 (8) 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;

  
 -14- 

 (9) Liens securing reimbursement obligations with respect to commercial letters
of credit which encumber documents and other property relating to such letters of credit and products and proceeds thereof; 

(10) Liens securing Interest Swap Obligations; 

(11) Liens securing Indebtedness under Currency Agreements; 

(12) Liens securing Acquired Indebtedness; provided that 

(a) such Liens secured such Acquired Indebtedness at the time of and prior to the incurrence of such Acquired Indebtedness by
the Company or a Restricted Subsidiary of the Company and were not granted in connection with, or in anticipation of, the incurrence of such Acquired Indebtedness by the Company or a Restricted Subsidiary of the Company; and 

(b) 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 are no more favorable to the lienholders than those
securing the Acquired Indebtedness prior to the incurrence of such Acquired Indebtedness by the Company or a Restricted Subsidiary of the Company; 

(13) Liens on assets of a Restricted Subsidiary of the Company; 

(14) leases, subleases, licenses and sublicenses granted to others that do not materially interfere with the ordinary course of
business of the Company and its Restricted Subsidiaries; 
 (15) banker’s Liens, rights of setoff and similar Liens with
respect to cash and Cash Equivalents on deposit in one or more bank accounts in the ordinary course of business; 
 (16)
Liens arising from filing Uniform Commercial Code financing statements regarding leases; 
 (17) Liens in favor of customs
and revenue authorities arising as a matter of law to secure payments of customs duties in connection with the importation of goods; 

(18) Liens (a) on inventory held by and granted to a local distribution company in the ordinary course of business and
(b) in accounts purchased and collected by and granted to a local distribution company that has agreed to make payments to the Company or any of its Restricted Subsidiaries for such amounts in the ordinary course of business; 

(19) [Reserved]; 

(20) Liens securing Indebtedness in respect of Sale and Leaseback Transactions; 

(21) [Reserved] 

  
 -15- 

 (22) Liens securing Indebtedness in respect of mortgage financings; and 

(23) Liens with respect to obligations (including Indebtedness) of the Company or any of its Restricted Subsidiaries otherwise
permitted under the Indenture that do not exceed 20.0% of Total Assets at any one time outstanding. 
 “Prospectus” means
the prospectus dated November 7, 2017, as supplemented by the prospectus supplement dated February 28, 2018, prepared by the Company in connection with the offering of the Initial Notes. 

“Purchase Date” has the meaning set forth in Section 3.04. 

“Purchase Money Indebtedness” means Indebtedness of the Company and its Restricted Subsidiaries incurred in the normal course
of business for the purpose of financing all or any part of the purchase price, or the cost of installation, construction or improvement, of property or equipment. 

“Rating Agency” means (1) each of Fitch, Moody’s and S&P and (2) if Fitch, Moody’s or S&P ceases
to rate the Notes for reasons outside of the Company’s control, a “nationally recognized statistical rating organization” as such term is defined in Section 3(a)(62) of the Exchange Act selected by the Company as a replacement
agency for Fitch, Moody’s or S&P, as the case may be. 
 “Rating Event” means if the Notes are downgraded by at
least one rating category from the applicable rating of such Notes on the first day of the Trigger Period and/or cease to be rated by two of the Rating Agencies on any date during the Trigger Period; provided that a Rating Event will not be
deemed to have occurred in respect of a particular Change of Control if each applicable downgrading Rating Agency does not publicly announce or confirm or inform the Trustee in writing at our request that the reduction was the result of the Change
of Control (whether or not the applicable Change of Control has occurred at the time of the Change of Control Triggering Event). Notwithstanding the foregoing, no Rating Event will be deemed to have occurred in connection with any particular Change
of Control unless and until such Change of Control has actually been consummated; provided further that in the event that a Rating Agency does not provide a rating of Notes on the first day of the Trigger Period, such absence of rating shall
be treated as both a downgrade in the rating of such Notes by such Rating Agency and a downgrade that results in such Notes no longer being rated at the rating category in effect on the first day of the Trigger Period by such Rating Agency, in each
case, and shall not be subject to the immediately preceding proviso. The Trustee shall have no obligation to determine whether a Rating Event has occurred. 

“Redemption Date” has the meaning set forth in Section 3.02(d). 

“Reference German Bund Dealer” means any dealer of German Bundesanleihe securities appointed by the Company in good
faith. 
 “Reference German Bund Dealer Quotations” means, with respect to each Reference German Bund Dealer and any
relevant date, the average as determined by the Company of the bid and offered prices for the Comparable German Bund Issue (expressed in each case as a percentage of its principal amount) quoted in writing to the Company by such Reference German
Bund Dealer at 3:30 p.m. Frankfurt, Germany, time on the third Business Day preceding the relevant date. 
 “Registrar” has
the meaning set forth in Section 2.05(a). 

  
 -16- 

 “REIT” means a “real estate investment trust” as defined and taxed
under Sections 856-860 of the Code. 
 “Repurchase Offer” has the meaning set forth
in Section 3.04. 
 “Restricted Subsidiary” of any Person means any Subsidiary of such Person which at the time of
determination is not an Unrestricted Subsidiary. 
 “S&P” means Standard & Poor’s Ratings Group, Inc., or
any successor to the rating agency business thereof. 
 “Sale and Leaseback Transaction” means any direct or indirect
arrangement with any Person or to which any such Person is a party, providing for the leasing to the Company or a Restricted Subsidiary of any property, whether owned by the Company or any Restricted Subsidiary at the Issue Date or later acquired,
which has been or is to be sold or transferred by the Company or such Restricted Subsidiary to such Person or to any other Person from whom funds have been or are to be advanced by such Person on the security of such property. 

“Secured Indebtedness” means any Indebtedness secured by a Lien on any assets of the Company or any of its Restricted
Subsidiaries. 
 “Secured Leverage Ratio” as of any date of determination means the ratio of (x) the aggregate amount
of consolidated Secured Indebtedness of the Company and its Restricted Subsidiaries as of such date of determination to (y) Consolidated EBITDA for the Company’s four most recent fiscal quarters for which internal financial statements are
available preceding such date of determination, in each case with such pro forma adjustments to Consolidated EBITDA as are appropriate and consistent with the pro forma adjustment provision set forth in the definition thereof. 

“Subordinated Indebtedness” means Indebtedness of the Company that is subordinated or junior in right of payment to the
Notes. 
 “Supplemental Indenture” has the meaning specified in the introductory paragraph of this Supplemental Indenture.

 “Tax Event Redemption Date” has the meaning set forth in Section 3.03(a). 

“Tax Opinion” has the meaning set forth in Section 3.03(a). A Tax Opinion shall be deemed to be an Opinion of Counsel
under the Base Indenture, including, without limitation, for purposes of Sections 11.04 and 11.05 of such Base Indenture. 
 “Tax
Jurisdiction” has the meaning set forth in Section 4.07(a). 
 “Taxes” means all present and future taxes,
levies, imposts, deductions, charges, duties and withholdings (including backup withholdings), fees and any charges of a similar nature (including interest, fines, penalties and other liabilities with respect thereto) that are imposed by any
government or other taxing authority. 
 “TIA” means the Trust Indenture Act of 1939 (15 U.S.C. Sections 77aaa-77bbbb) as
in effect on the date of this Supplemental Indenture. 

  
 -17- 

 “Total Assets” means, at the time of determination, the total consolidated
assets of the Company and its Subsidiaries, as shown on the most recent balance sheet of the Company. 
 “Transaction Date”
has the meaning assigned thereto in the definition of “Four Quarter Period.” 
 “Trigger Period” means the
60-day period commencing on the earlier of (i) the occurrence of a Change of Control or (ii) the first public announcement of the occurrence of a Change of Control or our intention to effect a Change
of Control (which Trigger Period will be extended so long as the ratings of the Notes are under publicly announced consideration for possible downgrade by any two of the three Rating Agencies); provided that the Trigger Period will terminate with
respect to each Rating Agency when such Rating Agency takes action (including affirming its existing ratings) with respect to such Change of Control. 

“Unrestricted Subsidiary” of any Person means: 

(1) any Subsidiary of such Person that at the time of determination shall be or continue to be designated an Unrestricted
Subsidiary by the Board of Directors of such Person in the manner provided below; and 
 (2) any Subsidiary of an
Unrestricted Subsidiary. 
 The Board of Directors of the Company may designate any Subsidiary (including any newly acquired or newly formed
Subsidiary) to be an Unrestricted Subsidiary unless such Subsidiary owns any Capital Stock of, or owns or holds any Lien on any property of, the Company or any other Subsidiary of the Company that is not a Subsidiary of the Subsidiary to be so
designated; provided that each Subsidiary to be so designated and each of its Subsidiaries has not at the time of designation, and does not thereafter, create, incur, issue, assume, guarantee or otherwise become directly or indirectly liable
with respect to any Indebtedness pursuant to which the lender has recourse to any of the assets of the Company or any of its Restricted Subsidiaries. 

The Board of Directors may designate any Unrestricted Subsidiary to be a Restricted Subsidiary only if immediately before and immediately
after giving effect to such designation, no Default or Event of Default shall have occurred and be continuing. Any such designation by the Board of Directors shall be evidenced to the Trustee by promptly filing with the Trustee a copy of the Board
Resolution giving effect to such designation and an Officers’ Certificate certifying that such designation complied with the foregoing provisions. 

“United States” and “U.S. Person,” for purposes of Section 3.03 and Section 4.07 of this
Supplemental Indenture, each has the respective meaning set forth in Section 4.07(f). 
 “Wholly Owned Restricted
Subsidiary” means a Restricted Subsidiary, all of the Capital Stock of which (other than directors’ qualifying shares) is owned by the Company or another Wholly Owned Restricted Subsidiary. 

Whenever this Supplemental Indenture refers to a provision of the TIA, the provision is incorporated by reference in and made a part of this
Supplemental Indenture. 
 All terms used in this Supplemental Indenture that are defined by the TIA, defined by TIA reference to another
statute or defined by Commission rule under the TIA have the meanings so assigned to them. 

  
 -18- 

 Section 1.02. Conflicts with Base Indenture. In the event that any provision
of this Supplemental Indenture limits, qualifies or conflicts with a provision of the Base Indenture, such provision of this Supplemental Indenture shall control. 

Section 1.03. References to Interest. Unless the context otherwise requires, any reference in the Indenture or the Notes to the
payment of amounts based upon the principal amount of the Notes or of principal, interest or of any other amount payable under, or with respect to, any of the Notes, shall be deemed to include the payment of Additional Amounts to the extent that, in
such context, Additional Amounts are, were or would be payable in respect thereof. 
 ARTICLE 2 

THE NOTES 
 Section 2.01.
Amount; Series; Terms. 
 (a) There is hereby created and designated one series of Notes under the Base Indenture: the title of the
Notes shall be “2.875% Senior Notes Due 2024.” The changes, modifications and supplements to the Base Indenture effected by this Supplemental Indenture shall be applicable only with respect to, and govern the terms of, the Notes and shall
not apply to any other series of Notes that may be issued under the Base Indenture unless a supplemental indenture with respect to such other series of Notes specifically incorporates such changes, modifications and supplements. 

(b) The initial aggregate principal amount of Notes is €750,000,000. The Company shall be entitled to issue additional notes under this
Supplemental Indenture (“Additional Notes”) that shall have identical terms as the Initial Notes, other than with respect to the date of issuance, issue price and amount of interest payable on the first interest payment date
applicable thereto; provided that such issuance is not prohibited by the terms of the Indenture. Any such Additional Notes shall be consolidated and form a single series with the Initial Notes initially issued including for purposes of voting
and redemption; provided that if such Additional Notes are not fungible with the Initial Notes for U.S. federal income tax purposes, such Additional Notes shall have one or more separate ISIN or Common Code numbers. With respect to any
Additional Notes, the Company shall set forth in a Board Resolution of its Board of Directors and in an Officers’ Certificate, a copy of each of which shall be delivered to the Trustee, the Paying Agent and the Registrar, the following
information: (i) the aggregate principal amount of such Additional Notes to be authenticated and delivered pursuant to this Supplemental Indenture; and (ii) the issue price, the issue date, the ISIN or Common Code number of such Additional
Notes, the first interest payment date and the amount of interest payable on such first interest payment date applicable thereto and the date from which interest shall accrue. References to “CUSIP” numbers in the Base Indenture, including,
but not limited to, Section 2.05 of the Base Indenture, shall be deemed replaced by “ISIN” or “Common Code” numbers, as applicable. 

(c) The Stated Maturity of the Notes shall be March 15, 2024, unless earlier redeemed or repurchased in accordance with the Indenture.

 (d) The Notes shall bear interest at the rate of 2.875% per annum from March 14, 2018, or from the most recent date to which
interest has been paid or duly provided for, as further provided in the forms of Global Note annexed hereto as Exhibit A. Interest shall be computed on the basis of a 360-day year composed of twelve 30-day months. The dates on which such interest shall be payable (each, an “Interest Payment Date”) shall be March 15 and September 15 of each year, beginning on September 15, 2018,
and the record date for any interest payable on each such Interest Payment Date shall be the immediately preceding March 1 or September 1, respectively. 

  
 -19- 

 (e) The Notes will be issued in the form of one or more Global Notes, deposited with, or on
behalf of, the Depositary, as common depositary for Euroclear and Clearstream, and registered in the name of the Depositary or its nominee for the accounts of Euroclear and Clearstream, duly executed by the Company and authenticated by the Trustee
as provided in Sections 2.03 and 2.04 of the Base Indenture. 
 Section 2.02. Denominations. The Notes shall be issuable
only in registered form without coupons and only in minimum denominations of €100,000 and any multiple of €1,000 in excess thereof. 

Section 2.03. Form of Notes. The Notes and the Trustee’s certificate of authentication will be substantially in the form of
Exhibit A hereto. However, to the extent any provision of any Note conflicts with the express provisions of the Indenture, the provisions of the Indenture shall govern and be controlling. 

Section 2.04. Currency of Notes. The Notes shall be denominated in Euro, and all payments of interest and principal, including
payments made upon any redemption of the Notes, will be payable in Euro. If the Euro is unavailable to the Company due to the imposition of exchange controls or other circumstances beyond the Company’s control or if the Euro is no longer being
used by the then member states of the European Monetary Union that have adopted the Euro as their currency or for the settlement of transactions by public institutions of or within the international banking community, then all payments in respect of
the notes will be made in U.S. dollars until the Euro is again available to us or so used. The amount payable on any date in Euro will be converted into U.S. dollars on the basis of the then most recently available market exchange rate for Euro.
Neither the Trustee nor the Paying Agent shall have any responsibility for any calculation or conversion in connection with the forgoing. Any payment in respect of any Note so made in U.S. dollars pursuant to this Section 2.04 will not
constitute an Event of Default under the Notes or the Indenture. 
 Section 2.05. Registrar and Paying Agent. 

(a) The Company initially appoints Elavon Financial Services DAC, UK Branch to act as the Paying Agent with respect to the Notes (together with
its successors and assigns, the “Paying Agent”), and Elavon Financial Services DAC to act as the Registrar with respect to the Notes (together with its successors and assigns, the “Registrar”), in each case in
accordance with the terms of the Agency Agreement. 
 (b) The Company may change the Paying Agent or Registrar without prior notice to the
Holders. 
 (c) The Company designates the office of the Registrar and Paying Agent at 125 Old Broad Street, Fifth Floor, London EC2N 1AR as
an agency where the Notes may be presented for payment, exchange or registration of transfer, in each case as provided for in the Indenture. 

Section 2.06. Book-Entry Provisions. This Section 2.06 shall apply to the Global Notes deposited with the Depositary. 

Members of, or participants and account holders in Euroclear and Clearstream, (“Participants”) shall have no rights under
this Supplemental Indenture with respect to any Global Note held on their behalf by the Depositary or by the Trustee or any custodian of the Depositary or under such Global Note, and the Depositary or its nominees may be treated by the Company, the

  
 -20- 

 
Trustee and any agent of the Company or the Trustee as the sole owner of such Global Note for all purposes whatsoever. Notwithstanding the foregoing, nothing herein shall prevent the Company, the
Trustee or any agent of the Company from giving effect to any written certification, proxy or other authorization furnished by Euroclear and Clearstream or impair, as between Euroclear and Clearstream, on the one hand, and the Participants, on the
other, the operation of customary practices of such persons governing the exercise of the rights of a Holder of a beneficial interest in any Global Note. 

Subject to the provisions of Section 2.01(e), the registered Holder of a Global Note may grant proxies and otherwise authorize any
Person, including Participants and Persons that may hold interests through Participants, to take any action that a Holder is entitled to take under this Supplement Indenture or the Notes. 

ARTICLE 3 
 REDEMPTION AND
PREPAYMENT 
 Section 3.01. Redemption. Pursuant to Section 3.01 of the Base Indenture, the following additional
redemption provisions in this Article 3 shall apply to the Notes. 
 Section 3.02. Optional Redemption of the Notes. 

(a) Other than as set forth in this Section 3.02 and Section 3.03, the Notes shall not be redeemable by the Company prior to
maturity. 
 (b) At any time prior to September 15, 2020, the Company may on any one or more occasions redeem up to 35% of the
aggregate principal amount of the Notes (calculated after giving effect to any issuance of Additional Notes) outstanding under this Supplemental Indenture, at a redemption price equal to 102.875% of the principal amount of the Notes to be redeemed,
plus accrued and unpaid interest, if any, to, but not including, the redemption date, with the net cash proceeds of one or more Equity Offerings; provided that: 

(1) at least 65% of the aggregate principal amount of the Notes (calculated after giving effect to any issuance of Additional
Notes) issued under this Supplemental Indenture remains outstanding immediately after the occurrence of such redemption (excluding Notes held by the Company and its subsidiaries); and 

(2) the redemption must occur within 90 days of the date of the closing of such Equity Offering. 

(c) On or after September 15, 2020, the Company may redeem all or a part of the Notes, on any one or more occasions, at the redemption
prices (expressed as percentages of principal amount) set forth below plus accrued and unpaid interest thereon, if any, to, but not including, the applicable redemption date, if redeemed during the twelve or eighteen month period, as applicable,
beginning on September 15 of the years indicated below: 
  

					
	 Year
	  	Percentage	 
	 2020
	  	 	101.438	% 
	 2021
	  	 	100.719	% 
	 2022 and thereafter
	  	 	100.000	% 

  
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 (d) At any time prior to September 15, 2020, the Company may also redeem all or a part of
the Notes at a redemption price equal to 100% of the principal amount of Notes redeemed plus the Applicable Premium as of, and accrued and unpaid interest, if any, to, but not including, the date of redemption (the “Redemption
Date”), subject to the rights of Holders of record of Notes on the relevant record date to receive interest due on the relevant Interest Payment Date. 

(e) The provisions of Section 3.01 through Section 3.06 of the Base Indenture shall not apply to the Notes, and the following
provisions shall apply in lieu thereof: 
 (i) In the event that the Company chooses to redeem less than all of the Notes,
selection of the Notes for redemption will be made by the Trustee: 
 (A) by a method that complies with the requirements, as
certified to the Trustee by the Company, of the securities exchange, if any, on which the Notes are listed at such time, and in compliance with the requirements of the relevant clearing system; provided that, if the Notes are represented by
one or more Global Notes, beneficial interests in the Notes will be selected for redemption by Euroclear and Clearstream in accordance with their respective standard procedures therefor; or 

(B) if the Notes are not listed on a securities exchange, or such securities exchange prescribes no method of selection and the
Notes are not held through a clearing system or the clearing system prescribes no method of selection, by lot. 
 (ii) No
Notes of a principal amount of €100,000 or less shall be redeemed in part. The Company will also comply with any other requirements of the securities exchange, if any, on which the Notes are listed at such time. 

(iii) Notice of redemption will be delivered at least 30 but not more than 60 days before the redemption date to each Holder of
Notes to be redeemed, the Trustee and the Paying Agent; provided that, if the redemption notice is issued in connection with a defeasance of the Notes or satisfaction and discharge of the Indenture governing the Note in accordance with the
Indentures, the notice of redemption may be delivered more than 60 calendar days before the date of redemption. If any Note is to be redeemed in part only, then the notice of redemption that relates to such Note must state the portion of the
principal amount thereof to be redeemed. A new Note in a principal amount equal to the unredeemed portion thereof will be issued in the name of the Holder thereof upon cancellation of the original Note (or appropriate adjustments to the amount and
beneficial interests in a Global Note will be made). On and after the redemption date, interest will cease to accrue on Notes or portions thereof called for redemption as long as the Company has deposited with the Paying Agent funds in satisfaction
of the applicable redemption price. 
 (f) Any redemption or notice of redemption, other than a notice of redemption delivered pursuant to
Section 3.03 in connection with a Change in Tax Law, may, at the Company’s discretion, be subject to one or more conditions precedent, including completion of an Equity Offering or other corporate transaction. 

  
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 Section 3.03. Tax Redemption. 

(a) The Company may redeem the Notes, in whole but not in part, at its option, at any time upon giving not less than 30 nor more than 60
days’ prior notice to the Holders of the Notes and the Trustee (which notice will be irrevocable) at a redemption price equal to 100% of the principal amount of the Notes being redeemed, plus accrued and unpaid interest and Additional Amounts,
if any, to, but excluding, the date of redemption (“Tax Event Redemption Date”) and all Additional Amounts (if any) then due and which will become due on the Tax Event Redemption Date as a result of the redemption or otherwise
(subject to the right of Holders of the Notes on the relevant record date to receive interest due on the relevant interest payment date occurring on or prior to the redemption date and Additional Amounts (if any) in respect thereof), if, on the next
date on which any amount would be payable in respect of the notes, the Company is or, based upon an opinion of independent tax counsel of recognized standing in the relevant Tax Jurisdiction (any such opinion, a “Tax Opinion”),
would be required to pay Additional Amounts in respect of the Notes and cannot avoid such payment obligation by taking reasonable measures available to the Company, and such requirement arises as a result of: 

(i) any amendment to, or change in, the laws (or any regulations or rulings promulgated thereunder) of a relevant Tax
Jurisdiction, which change or amendment is announced and becomes effective after the Issue Date; or 
 (ii) any amendment to,
or change in, an official written interpretation or application of such laws, regulations or rulings (including by virtue of a holding, judgment or order by a court of competent jurisdiction or a change in published administrative practice), which
amendment or change is announced and becomes effective after the Issue Date (any such amendment or change described in Section 3.03(a)(i) or (ii), a “Change in Tax Law”). 

(b) The Company will not give any such notice of redemption earlier than 60 days prior to the earliest date on which the Company would be
obligated to pay Additional Amounts if a payment in respect of the Notes was then due, and the obligation to pay Additional Amounts must be in effect at the time such notice is given. Before the Company publishes or delivers a notice of redemption
in respect of a Tax Event Redemption Date as described in this Section 3.03, the Company will deliver to the Trustee an Officers’ Certificate to the effect that the Company cannot avoid the obligation to pay Additional Amounts by taking
reasonable measures available to it and, if required, the opinion of independent tax counsel described above. Any notice of redemption shall otherwise be given pursuant to the procedures pursuant to Section 3.02 hereof. The Trustee shall
accept, and will be entitled to conclusively rely on, such an opinion of counsel and such Officers’ Certificate as sufficient evidence of the existence and satisfaction of the conditions precedent described in Section 3.03(a)(i) or
(ii) above, as applicable, and upon delivery of such opinion of counsel and Officers’ Certificate to the Trustee the Company will be entitled to give notice of redemption hereunder and such notice of redemption will be conclusive and
binding on the Holders of the Notes. 
 Section 3.04. Repurchase Offer. In the event that, pursuant to Section 4.05 hereof,
the Company or a Restricted Subsidiary is required to commence an offer to all Holders to purchase Notes (a “Repurchase Offer”), it shall follow the procedures specified below. 

The Repurchase Offer shall remain open for a period of at least 20 Business Days following its commencement, except to the extent that a
shorter or longer period is permitted or required, as the case may be, by applicable law (the “Offer Period”). No later than five Business Days after the termination of the Offer Period (the “Purchase Date”), the
Company will purchase at the Purchase Price (as determined in accordance with Section 4.05 hereof, as the case may be) the principal amount of Notes required to be purchased pursuant to Section 4.05 hereof, as the case may be (the
“Offer Amount”) and, if required, Pari Passu Indebtedness (on a pro rata basis, if applicable), or, if less than the Offer Amount has been tendered, all Notes and Pari Passu Indebtedness tendered in response to the Repurchase Offer.
Payment for any Notes so purchased will be made in the same manner as interest payments are made. 

  
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 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, if any, to, but not including, the Payment Date will 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 will be payable to
Holders who tender Notes pursuant to the Repurchase Offer. 
 Upon the commencement of a Repurchase Offer, the Company will deliver or cause
to be delivered a notice to each of the Holders, with a copy to the Trustee. The notice will contain all instructions and materials necessary to enable such Holders to tender Notes pursuant to the Repurchase Offer. The notice, which will govern the
terms of the Repurchase Offer, will state: 
 (a) that the Repurchase Offer is being made pursuant to this Section 3.04,
and Section 4.05 hereof, and the length of time the Repurchase Offer will remain open; 
 (b) the Offer Amount, the
purchase price and the Purchase Date; 
 (c) that any Note not tendered or accepted for payment will continue to accrue
interest; 
 (d) that, unless the Company defaults in making such payment, any Note accepted for payment pursuant to the
Repurchase Offer will cease to accrue interest after the Purchase Date; 
 (e) that Holders electing to have a Note purchased
pursuant to a Repurchase Offer may elect to have Notes purchased in minimum denominations of €100,000, or integral multiples of €1,000 in excess thereof; 

(f) that Holders electing to have a Note purchased pursuant to any Repurchase Offer will be required to surrender the Note,
with the form entitled “Option of Holder to Elect Purchase” attached to the Note completed, or transfer by book-entry transfer, to the Company, a Depositary, if appointed by the Company, or a Paying Agent at the address specified in the
notice at least three days before the Purchase Date; 
 (g) that Holders will be entitled to withdraw their election if the
Company, the Depositary or the Paying Agent, as the case may be, receives, not later than the expiration of the Offer Period, a telegram, telex, facsimile transmission or letter setting forth the name of the Holder, the principal amount 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 principal amount of Notes and Pari Passu Indebtedness surrendered by holders thereof exceeds the
Offer Amount, the Trustee will select the Notes to be purchased on a pro rata basis based on the principal amount of Notes and such Pari Passu Indebtedness surrendered (with such adjustments as may be deemed appropriate by the Trustee so that no
Notes in denominations of €100,000 or less will be purchased in part); and 
 (i) that Holders whose Notes were
purchased only in part will be issued new Notes of the applicable series equal in principal amount to the unpurchased portion of the Notes surrendered (or transferred by book-entry transfer). 

  
 -24- 

 On or before the Purchase Date, the Company will, to the extent lawful, accept for payment, on a
pro rata basis to the extent necessary, the Offer Amount of Notes or portions thereof validly tendered pursuant to the Repurchase Offer or if less than the Offer Amount has been tendered, all Notes tendered, and will deliver or cause to be delivered
to the Trustee the Notes properly accepted together with an Officers’ Certificate stating that such Notes or portions thereof were accepted for payment by the Company in accordance with the terms of this Section 3.04. The Company, the
Depositary or the Paying Agent, as the case may be, will promptly (but in any case not later than five days after the Purchase Date) deliver to each tendering Holder an amount equal to the purchase price of the Notes tendered by such Holder and
accepted by the Company for purchase, and the Company will promptly issue a new Note, and the Trustee, upon written request from the Company, will authenticate and deliver (or cause to be transferred by book entry) such new Note to such Holder in a
principal amount equal to any unpurchased portion of the Note surrendered. Notwithstanding any other provision in the Indenture to the contrary, neither an Opinion of Counsel nor an Officers’ Certificate is required for the Trustee to
authenticate such new Note. Any Note not so accepted shall be promptly returned by the Company to the Holder thereof. The Company will publicly announce the results of the Repurchase Offer on or as soon as practicable after the Purchase Date. 

Other than as specifically provided in this Section 3.04 or Section 4.05 of this Supplemental Indenture, as applicable, any purchase
pursuant to this Section 3.04 shall be made pursuant to the applicable provisions of Section 3.01 through Section 3.06 of the Base Indenture. 

ARTICLE 4 
 COVENANTS 

In addition to the covenants set forth in Article 4 of the Base Indenture, the Notes shall be subject to the following additional covenants.
Such additional covenants set forth in Sections 4.03 through Section 4.05 below shall be subject to covenant defeasance pursuant to Section 8.03 of the Base Indenture. 

Section 4.01. Payment of Notes. The following paragraph shall be added following the first paragraph of Section 4.01 of the
Base Indenture: “The Company will pay interest (including post-petition interest in any proceeding under any Bankruptcy Law) on overdue principal at the rate equal to 1% per annum in excess of the then applicable interest rate on the Notes to
the extent lawful; it will pay interest (including post-petition interest in any proceeding under any Bankruptcy Law) on overdue installments of interest (without regard to any applicable grace period), at such higher rate to the extent lawful.
Interest will be computed daily on the Notes on the basis of a 360-day year comprised of twelve 30-day months (US 30/360)”. 

Section 4.02. Reports to Holders. The following sentence shall be added to the end of the second paragraph of Section 4.03 of
the Base Indenture: “If the Company had any Unrestricted Subsidiaries during the relevant period, the Company will also provide to the Trustee and, upon request, to any Holder of the Notes, information sufficient to ascertain the financial
condition and results of operations of the Company and its Restricted Subsidiaries, excluding in all respects the Unrestricted Subsidiaries.” 

  
 -25- 

 Section 4.03. Sale and Leaseback Transactions. The Company will not, and will not
permit any Restricted Subsidiary to, enter into any Sale and Leaseback Transaction with respect to any property or assets unless: 
 (1) the
Sale and Leaseback Transaction is solely with the Company or a Restricted Subsidiary; 
 (2) the lease is for a period not in excess of 36
months (or which may be terminated by us or any of our subsidiaries within a period of not more than 36 months); 
 (3) the Company would be
able to incur indebtedness secured by a Lien with respect to such Sale and Leaseback Transaction without equally and ratably securing the notes pursuant to Section 4.04(b); or 

(4) the Company or such Restricted Subsidiary within 365 days after the sale of such property in connection with such Sale and Leaseback
Transaction is completed, applies an amount equal to the net proceeds of the sale of such property to (i) the permanent retirement of Notes, other Indebtedness of the Company ranking on a parity with the Notes in right of payment or
Indebtedness of the Company or a Restricted Subsidiary or (ii) the purchase of other property; provided that, in lieu of applying such amount to the retirement of Pari Passu Indebtedness, the Company may deliver Notes to the Trustee for
cancellation; such Notes to be credited at the cost thereof to the Company. 
 Section 4.04. Limitation on Liens. The Company
will not, and will not cause or permit any of its Restricted Subsidiaries to, directly or indirectly, create, incur, assume or permit or suffer to exist any Liens of any kind against or upon any property or assets of the Company or any of its
Restricted Subsidiaries whether owned on the Issue Date or acquired after the Issue Date, or any proceeds therefrom, or assign or otherwise convey any right to receive income or profits therefrom unless: 

(a) in the case of Liens securing Subordinated Indebtedness, the Notes are secured by a Lien on such property, assets or
proceeds that is senior in priority to such Liens; and 
 (b) in all other cases, the Notes are equally and ratably secured,

 except for: 
 (1) Liens
securing borrowings under a Bank Facility in an amount not to exceed the greater of (x) $4.40 billion and (y) such amount that at the time of incurrence (or, in the case of Designated Revolving Commitments, on the date such Designated
Revolving Commitments are designated as such (but only to the extent and so long as so designated) after giving pro forma effect to the incurrence of the entire amount of Indebtedness designated thereunder, in which case such designated amount under
such Designated Revolving Commitments may thereafter be borrowed, repaid and reborrowed, in whole or in part, from time to time, without further compliance with any limitations on Liens set forth in this Section 4.04) and after giving pro forma
effect to any such Lien and obligations secured thereunder (including the use of proceeds thereof) the Company and its Restricted Subsidiaries shall have a Secured Leverage Ratio less than or equal to 2.25 to 1.0; 

  
 -26- 

 (2) Liens existing as of the Issue Date to the extent and in the manner such
Liens are in effect on the Issue Date; 
 (3) Liens securing the Company’s and its Restricted Subsidiaries’
Obligations under any hedge facility permitted under the Indenture to be entered into by the Company and its Restricted Subsidiaries; 

(4) Liens securing the Notes; 

(5) Liens in favor of the Company or a Wholly Owned Restricted Subsidiary of the Company on assets of any Restricted Subsidiary
of the Company; and 
 (6) Permitted Liens; 

(c) With respect to any Lien securing Indebtedness that was permitted to secure such Indebtedness at the time of the incurrence of such
Indebtedness, such Lien shall also be permitted to secure any Increased Amount of such Indebtedness. The “Increased Amount” of any Indebtedness shall mean any increase in the amount of such Indebtedness in connection with any
accrual of interest, whether payable in cash or in kind, accretion or amortization of original issue discount, imputed interest, the payment of interest in the form of additional Indebtedness with the same terms or the payment of dividends on
Disqualified Capital Stock in the form of additional shares of the same class, and increases in the amount of Indebtedness outstanding solely as a result of fluctuations in the exchange rate of currencies or increases in the value of property
securing Indebtedness. 
 Section 4.05. Offer to Repurchase Upon Change of Control Triggering Event. 

(a) Upon the occurrence of a Change of Control, unless the Company or a third party has previously or concurrently delivered a redemption
notice with respect to all outstanding Notes as described under Sections 3.02 or 3.03 hereof, the Company will be required to make an offer to purchase each Holder’s Notes pursuant to the offer described below (the “Change of Control
Offer”), at a purchase price (the “Change of Control Payment”) equal to 101% of the principal amount thereof plus accrued and unpaid interest, if any, to the date of purchase. 

(b) Within 30 days following the date upon which the Change of Control Triggering Event occurred, the Company must send, or cause the Trustee
to send (or, in the case of Notes represented by Global Notes, in accordance with the applicable procedures of Euroclear or Clearstream) a notice to each Holder, with a copy to the Trustee, which notice shall govern the terms of the Change of
Control Offer. Such notice shall state, among other things, the purchase date, which must be no earlier than 30 days nor later than 60 days after the date such notice is delivered, other than as may be required by law (the “Change of Control
Payment Date”). Holders electing to have a Note purchased pursuant to a Change of Control Offer will be required to surrender the Note, with the form entitled “Option of Holder to Elect Purchase” on the reverse of the Note
completed and specifying the portion (equal to €100,000 and integral multiples of €1,000 in excess thereof) of such Holder’s Notes that it agrees to sell to the Company pursuant to the Change of Control Offer, to the Paying Agent at
the address specified in the notice prior to the close of business on the third Business Day prior to the Change of Control Payment Date. 

(c) The Company will comply with the requirements of Rule 14e-1 under the Exchange Act and any other
securities laws and regulations thereunder to the extent those laws and regulations are applicable in connection with the repurchase of the Notes as a result of a Change of Control Triggering Event. To the extent that the provisions of any
securities laws or regulations conflict with the provisions of this Section 4.05, the Company will comply with the applicable securities laws and regulations and will not be deemed to have breached its obligations under the provisions of this
Section 4.05 by virtue of such conflict. 

  
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 (d) On the date of such Change of Control Payment, the Company will, to the extent lawful: 

(1) accept for payment all Notes or portions of Notes 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 of Notes
properly tendered; and 
 (3) deliver or cause to be delivered to the Trustee the Notes properly accepted together with an
Officers’ Certificate stating the aggregate principal amount of Notes or portions of Notes being purchased by the Company. 
 (e) The
Paying Agent will promptly deliver to each Holder of Notes properly tendered the Change of Control Payment for such Notes, and the Trustee will promptly authenticate and deliver (or cause to be transferred by book entry) to each Holder a new Note
equal in principal amount to any unpurchased portion of the Notes surrendered, if any; provided that each new Note will be in a minimum principal amount of €100,000 or an integral multiple of €1,000. The Company will publicly
announce the results of the Change of Control Offer on or as soon as practicable after the date of such Change of Control Payment. 
 (f)
The Company will not be required to make a Change of Control Offer upon a Change of Control Triggering Event 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 the Indenture applicable to a Change of Control Offer made by the Company and purchases all Notes validly tendered and not withdrawn under such Change of Control Offer. The Company (or a third party) may make a Change of Control Offer in advance
of, and conditioned upon, any Change of Control Triggering Event. 
 Section 4.06. Payments for Consent. The Company will not,
and will not permit any of its Restricted Subsidiaries to, directly or indirectly, pay or cause to be paid any consideration to or for the benefit of any Holder of Notes for or as an inducement to any consent, waiver or amendment of any of the terms
or provisions of the Indenture or the Notes unless such consideration is offered to be paid and 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 4.07. Payment of Additional Amounts. 

(a) All payments made by the Company under or with respect to the Notes will be made free and clear of, and without withholding or deduction
for or on account of, any Tax, unless the withholding or deduction of such Tax is then required by law. If any deduction or withholding by any applicable withholding agent for or on account of any Taxes imposed or levied by or on behalf of the
United States or a taxing authority of or in the United States (a “Tax Jurisdiction”) will at any time be required to be made in respect of any payments made by the Company under or with respect to the Notes, including payments of
principal, redemption price, purchase price, interest or premium, then the Company will pay such additional amounts (the “Additional Amounts”) as may be necessary in order that the net amounts received in respect of such payments by
each beneficial owner of the 

  
 -28- 

 
Notes that is not a U.S. Person (as defined below) after such withholding, deduction or imposition (including any such withholding, deduction or imposition in respect of any such Additional
Amounts) will equal the respective amounts that would have been received in respect of such payments in the absence of such withholding or deduction; provided, however, that no Additional Amounts will be payable with respect to: 

(1) any Taxes, to the extent such Taxes would not have been imposed but for the Holder of a Note (or the beneficial owner for
whose benefit such Holder holds such Note) or a fiduciary, settlor, beneficiary, member or shareholder of the Holder if the Holder is an estate, trust, partnership or corporation, or a person holding a power over an estate or trust administered by a
fiduciary holder, being considered as: 
 (a) having a current or former connection with the relevant Tax Jurisdiction
(other than a connection arising solely from the ownership or disposition of such Note, the enforcement of rights under such Note), including being or having been a citizen or resident of such Tax Jurisdiction, being or having engaged in a trade or
business in such Tax Jurisdiction or having or having had a permanent establishment in such Tax Jurisdiction; or 
 (b)
being or having been a personal holding company, a passive foreign investment company or a controlled foreign corporation for U.S. federal income tax purposes or a corporation that has accumulated earnings to avoid U.S. federal income tax; 

(2) any Holder that is not the sole beneficial owner of the Notes, or a portion of the Notes, or that is a fiduciary,
partnership or limited liability company, but only to the extent that a beneficial owner with respect to the holder, a beneficiary or settlor with respect to the fiduciary, or a beneficial owner or member of the partnership or limited liability
company would not have been entitled to the payment of Additional Amounts had the beneficial owner, beneficiary, settlor or member received directly its beneficial or distributive share of the payment; 

(3) any Taxes required to be withheld by any paying agent from any payment of principal of or interest on any note, if such
payment can be made without such withholding by at least one other paying agent; 
 (4) any Taxes, to the extent such Taxes
were imposed as a result of the presentation of a Note for payment more than 30 days after the relevant payment is first made available for payment to the Holder (except to the extent that the Holder or beneficial owner would otherwise have been
entitled to Additional Amounts had the Note been presented on the last day of such 30 day period); 
 (5) any Taxes that are
payable otherwise than by deduction or withholding from a payment on or with respect to the Notes; 
 (6) any U.S. federal
withholding tax imposed as a result of the beneficial owner: 
 (a) being a controlled foreign corporation for U.S. federal
income tax purposes related to the Company; 

  
 -29- 

 (b) being or having been a
“10-percent shareholder” of the Company as defined in Section 871(h)(3) of the Code; or 

(c) being a bank receiving payments on an extension of credit made pursuant to a loan agreement entered into in the ordinary
course of its trade or business; 
 (7) any estate, inheritance, gift, sales, transfer, excise, wealth, capital gains,
personal property or similar Taxes; 
 (8) any Taxes, to the extent such Taxes are imposed or withheld by reason of the
failure of the Holder or beneficial owner of Notes to comply with any certification, identification, information or other reporting requirements, whether required by statute, treaty, regulation or administrative practice of a Tax Jurisdiction, as a
precondition to exemption from, or reduction in the rate of deduction or withholding of, Taxes imposed by the Tax Jurisdiction (including, without limitation, a certification that the Holder or beneficial owner is not resident in the Tax
Jurisdiction), but in each case, only to the extent the Holder or beneficial owner is legally eligible to provide such certification or documentation; 

(9) any Taxes that are imposed or withheld pursuant to Sections 1471 through 1474 of the Code as of the date of the Indenture
(or any amended or successor version that is substantively comparable), any regulations promulgated thereunder or any other official interpretations thereof, any agreement entered into pursuant to Section 1471(b) of the Code as of the date of
Indenture (or any amended or successor version described above) or any intergovernmental agreements (and any related law, regulation or official administrative guidance) implementing the foregoing; or 

(10) any combination of items (1) through (9) above. 

(b) Except as specifically provided for in this Section 4.07, the Company will not be required to make any payment for any Tax. 

(c) If the Company becomes aware that it will be obligated to pay Additional Amounts with respect to any payment under or with respect to the
Notes, the Company will deliver to the Trustee and Paying Agent promptly prior to the date of that payment an Officers’ Certificate stating the fact that Additional Amounts will be payable and the amount estimated to be so payable. The
Officers’ Certificate must also set forth any other information reasonably necessary to enable the Paying Agent to pay Additional Amounts to Holders on the relevant payment date. The Trustee and Paying Agent shall be entitled to rely solely on
such Officers’ Certificate as conclusive proof that such payments are necessary. 
 (d) The Company, if it is the applicable
withholding agent, will make all withholdings and deductions required by law and will remit the full amount deducted or withheld to the relevant Tax authority in accordance with applicable law. The Company will use its reasonable efforts to obtain
Tax receipts from each Tax authority evidencing the payment of any Taxes so deducted or withheld. The Company will furnish to the Trustee upon reasonable written request, within a reasonable time after the date the payment of any Taxes so deducted
or withheld is made, certified copies of Tax receipts evidencing payment by the Company or if, notwithstanding such entity’s efforts to obtain receipts, receipts are not obtained, other reasonable evidence of payments by such entity. 

  
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 (e) The above obligations will survive any termination, defeasance or discharge of the Indenture,
any transfer by a holder or beneficial owner of its Notes, and will apply, mutatis mutandis, to any successor Person to the Company. 
 (f)
As used in this Section 4.07 and under Section 3.03 hereof, 
 (i) “United States” means the
United States of America, any state thereof and the District of Columbia; and 
 (ii) “U.S. Person” means
any person that is, for U.S. federal income tax purposes, an individual who is a citizen or resident of the United States, a corporation, partnership or other entity created or organized in or under the laws of the United States, any state thereof
or the District of Columbia or any estate or trust the income of which is subject to U.S. federal income taxation regardless of its source. 

ARTICLE 5 
 MERGER, CONSOLIDATION,
OR SALE OF ASSETS 
 The Notes shall not be subject to Section 5.01 of the Base Indenture. In lieu thereof, the Notes shall be subject
to the following provisions of Section 5.01 of this Supplemental Indenture: 
 Section 5.01. Merger, Consolidation, or Sale of
Assets. 
 (a) The Company will not, in a single transaction or series of related transactions, consolidate or merge with or into any
Person, or sell, assign, transfer, lease, convey or otherwise dispose of (or cause or permit any Restricted Subsidiary of the Company to sell, assign, transfer, lease, convey or otherwise dispose of) all or substantially all of the Company’s
assets (determined on a consolidated basis for the Company and the Company’s Restricted Subsidiaries) whether as an entirety or substantially as an entirety to any Person unless: 

(1) either: 

(A) the Company shall be the surviving or continuing corporation; or 

(B) the Person (if other than the Company) formed by such consolidation or into which the Company is merged or the Person which
acquires by sale, assignment, transfer, lease, conveyance or other disposition the properties and assets of the Company and of the Company’s Restricted Subsidiaries substantially as an entirety (the “Surviving Entity”): 

(i) shall be an entity organized and validly existing under the laws of the United States or any State thereof or the District
of Columbia; provided that in the case where the Surviving Entity is not a corporation, a co-obligor of the Notes is a corporation; and 

(ii) shall expressly assume, by supplemental indenture (in form satisfactory to the Trustee), executed and delivered to the
Trustee, the due and punctual payment of the principal of, and premium, if any, interest on all of the Notes and the performance of every covenant of the Notes and the Indenture on the part of the Company to be performed or observed; 

  
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 (2) immediately after giving effect to such transaction and the assumption
contemplated by clause (1)(B)(ii) of this Section 5.01(a) (including giving effect to any Indebtedness and Acquired Indebtedness incurred or anticipated to be incurred in connection with or in respect of such transaction), (A) the Company or
such Surviving Entity, as the case may be, shall be able to incur at least $1.00 of additional Indebtedness pursuant to Section 4.05(a) hereof or (B) the applicable Consolidated Fixed Charge Coverage Ratio of the Company or the Person
formed by or surviving any such consolidation or merger (if other than the Company) would be no less than the applicable Consolidated Fixed Charge Coverage Ratio of the Company immediately prior to such transaction; 

(3) immediately before and immediately after giving effect to such transaction and the assumption contemplated by clause
(1)(B)(ii) of this Section 5.01(a) (including, without limitation, giving effect to any Indebtedness and Acquired Indebtedness incurred or anticipated to be incurred and any Lien granted in connection with or in respect of the transaction), no
Default or Event of Default shall have occurred or be continuing; and 
 (4) the Company or the Surviving Entity shall have
delivered to the Trustee an Officers’ Certificate and an Opinion of Counsel, each stating that such consolidation, merger, sale, assignment, transfer, lease, conveyance or other disposition and, if a supplemental indenture is required in
connection with such transaction, such supplemental indenture complies with the applicable provisions of the Indenture and that all conditions precedent in the Indenture relating to such transaction have been satisfied. 

(b) For purposes of the provisions of Section 5.01(a) hereof, the transfer (by lease, assignment, sale or otherwise, in a single
transaction or series of transactions) of all or substantially all of the properties or assets of one or more Restricted Subsidiaries of the Company, in a single or a series of related transactions, which properties and assets, if held by the
Company instead of such Restricted Subsidiaries, would constitute all or substantially all of the properties and assets of the Company on a consolidated basis, shall be deemed to be the transfer of all or substantially all of the properties and
assets of the Company. 
 (c) Notwithstanding clauses (1), (2) and (3) of Section 5.01(a) hereof, but subject to the proviso in
clause (1)(B)(i) of Section 5.01(a), the Company may merge with (x) any of its Wholly Owned Restricted Subsidiaries or (y) an Affiliate that is a Person that has no material assets or liabilities and which was organized solely for the
purpose of reorganizing the Company in another jurisdiction. For the avoidance of doubt, nothing in this Section 5.01 shall prevent the Company or a Restricted Subsidiary from consummating the Company Conversion. 

ARTICLE 6 
 EVENTS OF DEFAULT 

The Notes shall not be subject to Section 6.01 of the Base Indenture. In lieu thereof, the Notes shall be subject to the following
provisions of Section 6.01 of this Supplemental Indenture: 
 Section 6.01. Events of Default. Any of the following events
shall constitute an event of default (an “Event of Default”): 
 (a) the failure to pay interest on any
Notes when the same becomes due and payable and the default continues for a period of 30 days; 

  
 -32- 

 (b) the failure to pay the principal on any Notes, when such principal becomes
due and payable, at maturity, upon redemption or otherwise (including the failure to make a payment to purchase Notes tendered pursuant to a Change of Control Offer) on the date specified for such payment in the applicable offer to purchase; 

(c) a default in the observance or performance of any other covenant or agreement contained in the Indenture which default
continues for a period of 60 days after the Company receives written notice specifying the default (and demanding that such default be remedied) from the Trustee or the Holders of at least 25% of the outstanding principal amount of the Notes (except
(i) in the case of a default with respect to Section 5.01, which will constitute an Event of Default with such notice requirement but without such passage of time requirement and (ii) as otherwise provided in the last paragraph of
Section 4.03 of the Base Indenture); 
 (d) the failure to pay at final maturity (giving effect to any applicable grace
periods and any extensions thereof) the stated principal amount of any Indebtedness of the Company or any Restricted Subsidiary of the Company, or the acceleration of the final stated maturity of any such Indebtedness (which acceleration is not
rescinded, annulled or otherwise cured within 30 days of receipt by the Company or such Restricted Subsidiary of notice of any such acceleration) if the aggregate principal amount of such Indebtedness, together with the principal amount of any other
such Indebtedness in default for failure to pay principal at final stated maturity or which has been so accelerated (in each case with respect to which the 30-day period described above has passed), equals
$350.0 million or more at any time; 
 (e) one or more judgments in an aggregate amount in excess of $350.0 million
shall have been rendered against the Company or any of its Restricted Subsidiaries and such judgments remain undischarged, unpaid or unstayed for a period of 60 days after such judgment or judgments become final and
non-appealable; 
 (f) the Company or any of its Restricted Subsidiaries that is a
Material Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Material Subsidiary pursuant to or within the meaning of Bankruptcy Law: 

 

	 	(1)	commences a voluntary case, 

  

	 	(2)	consents to the entry of an order for relief against it in an involuntary case, 

  

	 	(3)	consents to the appointment of a custodian for it or for all or substantially all of their property, 

  

	 	(4)	makes a general assignment for the benefit of its creditors, or 

  

	 	(5)	an admission by the Company in writing of its inability to pay its debts as they become due; 

  
 -33- 

 (g) a court of competent jurisdiction enters an order or decree under any
Bankruptcy Law that: 
 (1) is for relief against the Company or any of its Restricted Subsidiaries that is a Material
Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Material Subsidiary in an involuntary case; 

(2) appoints a custodian of the Company or any of its Restricted Subsidiaries that is a Material Subsidiary or any group of
Restricted Subsidiaries of the Company that, taken together, would constitute a Material Subsidiary or for all or substantially all of the property of the Company or any of its Restricted Subsidiaries that is a Material Subsidiary or any group of
Restricted Subsidiaries of the Company that, taken together, would constitute a Material Subsidiary; or 
 (3) orders the
liquidation of the Company or any of its Restricted Subsidiaries that is a Material Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Material Subsidiary; and the order or decree remains
unstayed and in effect for 60 consecutive days. 
 Section 6.02. Other Amendments. The Notes shall be subject to
Section 6.02 through Section 6.11 of the Base Indenture , except that the references to “clause (d) or (e) of Section 6.01 hereof” in Section 6.02 of the Base Indenture shall be deemed references to “clause
(f) or (g) of Section 6.01” of this Supplemental Indenture. 
 ARTICLE 7 

LEGAL DEFEASANCE AND COVENANT DEFEASANCE 

Section 7.01. Legal Defeasance and Covenant Defeasance. The Notes shall be subject to Article 8 of the Base Indenture, except
that: 
 (a) Section 8.03 of the Base Indenture is amended by replacing the final sentence thereof with the following: “In addition,
upon the Company’s exercise under Section 8.01 hereof of the option applicable to this Section 8.03, subject to the satisfaction of the conditions set forth in Section 8.04 hereof, Section 6.01(c), Section 6.01(d),
Section 6.01(e) and Section 6.01(h) hereof will not constitute Events of Default with respect to the Notes”. 
 (b) Section
8.04(a) of the Base Indenture is amended by replacing such 8.04(a) with the following: “The Company must irrevocably deposit with the Trustee (or with a custodian or account bank appointed on behalf of the Trustee), for the benefit of the
Holders, cash in Euro (or U.S. Dollars as permitted by Section 2.04), non-callable European Government Obligations rated AAA or better by S&P and Aaa by Moody’s, 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 principal of, premium, if any, and interest on the Notes on the stated date for payment thereof or on the applicable
redemption date, as the case may be. 
 (c) Section 8.04(b) and Section 8.04(c) of the Base Indenture are each amended by replacing
each instance of the word “Holders” with the words “beneficial owners.” Section 8.04(e) of the Base Indenture is amended by including “or any of its Restricted Subsidiaries” immediately following each of the last
two instances of “the Company” in such Section 8.04(e). 

  
 -34- 

 ARTICLE 8 

[RESERVED] 
 ARTICLE 9 

SATISFACTION AND DISCHARGE 
 The
Notes shall be subject to Article 10 of the Base Indenture, except that: 
 (a) Paragraph (2) of clause (a) of Section 10.01
of the Base Indenture is amended by replacing such paragraph (2) with the following: “all Notes not theretofore delivered to the Trustee for cancellation (1) have become due and payable or (2) will become due and payable within
one year, or are to be called for redemption within one year, under arrangements reasonably satisfactory to the Trustee for the giving of notice of redemption by the Trustee in the name, and at the expense, of the Company, and the Company has
irrevocably deposited or caused to be deposited with the Trustee (or with a custodian or account bank appointed on behalf of the Trustee) funds in an amount in cash in Euro (or U.S. dollars as permitted by Section 2.04 of this Supplemental
Indenture), European Government Obligations, rated AAA or better by S&P and Aaa by Moody’s, or a combination thereof, sufficient to pay and discharge the entire Indebtedness on the Notes not theretofore delivered to the Trustee for
cancellation, for principal of, premium, if any, and interest on the Notes to the date of maturity or redemption, as the case may be, together with irrevocable instructions from the Company directing the Trustee to apply such funds to the payment
thereof at maturity or redemption, as the case may be”. 
 ARTICLE 10 

MISCELLANEOUS 

Section 10.01. Sinking Funds. The Notes shall not have the benefit of a sinking fund. 

Section 10.02. Supplemental Indenture. The terms of this Supplemental Indenture may be modified as set forth in Article 9 of the
Base Indenture as provided in such Article 9. 
 Section 10.03. No Guarantees. The Notes will not be guaranteed by any
Subsidiary of the Company or entitled to any guarantee. 
 Section 10.04. Confirmation of Indenture. The Base Indenture,
as supplemented and amended by this Supplemental Indenture and all other indentures supplemental thereto, is in all respects ratified and confirmed, and the Base Indenture, this Supplemental Indenture and all indentures supplemental thereto shall be
read, taken and construed as one and the same instrument. 
 Section 10.05. Counterparts. The parties hereto may sign one
or more copies of this Supplemental Indenture in counterparts, all of which together shall constitute one and the same agreement. 

Section 10.06. Governing Law. THIS SUPPLEMENTAL INDENTURE SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF
THE STATE OF NEW YORK. 
 Section 10.07. 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 SUPPLEMENTAL INDENTURE, THE NOTES OR THE TRANSACTION CONTEMPLATED HEREBY. 

  
 -35- 

 Section 10.08. Concerning the Paying Agent and the Registrar. The Paying Agent and
the Registrar shall be entitled to all of the rights, privileges and immunities of the Trustee set forth in the Indenture. 

Section 10.09. Trustee Disclaimer. The Trustee shall have no responsibility for the validity or sufficiency of this
Supplemental Indenture. 
 [the remainder of this page is intentionally left blank] 

  
 -36- 

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

			
	 EQUINIX, INC.,
as Issuer

		
	By:	 	/s/ Keith D. Taylor
		 	Name: Keith D. Taylor
		 	Title: Chief Financial Officer

 [Equinix Second Supplemental Indenture] 

 
			
	U.S. BANK NATIONAL ASSOCIATION, as Trustee
		
	By:	 	/s/ Paula Oswald
		 	Name: Paula Oswald
		 	Title: Vice President

 [Equinix Second Supplemental Indenture] 

 
			
	 ELAVON FINANCIAL SERVICES DAC, UK BRANCH, as paying agent

		
	 By:
	 	/s/ Michael Leong
		 	 Name: Michael Leong

		 	 Title: Authorized Signatory

		
	 By:
	 	 /s/ Chris Yates

		 	 Name: Chris Yates

		 	 Title: Authorized Signatory

	
	 ELAVON FINANCIAL SERVICES DAC, as registrar

		
	 By:
	 	/s/ Michael Leong
		 	 Name: Michael Leong

		 	 Title: Authorized Signatory

		
	 By:
	 	 /s/ Chris Yates

		 	 Name: Chris Yates

		 	 Title: Authorized Signatory

 [Equinix Second Supplemental Indenture] 

 EXHIBIT A 

FORM OF NOTE 
 [INSERT FOR
GLOBAL SECURITIES] 
 [THIS SECURITY IS A GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO AND IS REGISTERED
IN THE NAME OF A DEPOSITARY OR A NOMINEE THEREOF. THIS SECURITY MAY NOT BE TRANSFERRED TO, OR REGISTERED OR EXCHANGED IN WHOLE OR IN PART FOR A SECURITY REGISTERED IN THE NAME OF, ANY PERSON OTHER THAN SUCH DEPOSITARY OR A NOMINEE THEREOF, AND NO
SUCH TRANSFER MAY BE REGISTERED, EXCEPT IN THE LIMITED CIRCUMSTANCES DESCRIBED IN THE INDENTURE. EVERY SECURITY AUTHENTICATED AND DELIVERED UPON REGISTRATION OF TRANSFER OF, OR IN EXCHANGE FOR OR IN LIEU OF, THIS SECURITY SHALL BE A GLOBAL SECURITY
SUBJECT TO THE FOREGOING, EXCEPT IN SUCH LIMITED CIRCUMSTANCES. 
 UNLESS THIS SECURITY IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF
EUROCLEAR BANK, SA/NV, AS OPERATOR OF THE EUROCLEAR SYSTEM (“EUROCLEAR”) AND CLEARSTREAM BANKING SOCIÉTÉ ANONYME. (“CLEARSTREAM” AND, TOGETHER WITH EUROCLEAR, “EUROCLEAR/CLEARSTREAM”), TO THE ISSUER
OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY SECURITY ISSUED IS REGISTERED IN THE NAME OF USB NOMINEES (UK) LIMITED OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF EUROCLEAR/CLEARSTREAM (AND ANY
PAYMENT IS MADE TO USB NOMINEES (UK) LIMITED OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF EUROCLEAR/CLEARSTREAM), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH
AS THE REGISTERED OWNER HEREOF, USB NOMINEES (UK) LIMITED, HAS AN INTEREST HEREIN. 
 TRANSFERS OF THIS NOTE ARE LIMITED TO TRANSFERS IN
WHOLE, BUT NOT IN PART, TO NOMINEES OF THE DEPOSITARY OR TO A SUCCESSOR THEREOF OR SUCH SUCCESSOR’S NOMINEE AND TRANSFERS OF PORTIONS OF THIS GLOBAL SECURITY ARE LIMITED TO TRANSFERS MADE IN ACCORDANCE WITH THE TRANSFER PROVISIONS OF THE
INDENTURE.] 

  
 A-1 

 [Face of Note] 

ISIN : XS1788558754 
 COMMON CODE:
178855875 
 2.875% Senior Notes due 2024 
  

			
	No. ________	  	€____________

 Equinix, Inc. 

promises to pay to USB NOMINEES (UK) LIMITED, as nominee of Elavon Financial Services DAC, a common depositary for the account of Euroclear SA/NV
(“Euroclear”) and Clearstream Banking, société ananoyme (“Clearstream”) or registered assigns, 
 the principal sum
of ________________________ EURO on March 15, 2024. 
 Interest Payment Dates: March 15 and September 15, commencing September 15, 2018

 Record Dates: March 1 and September 1 
 Dated:
March 14, 2018 
  

			
	Equinix, Inc.
		
	By:	 	 
		 	Name:
		 	Title:

 
			
		
	By:	 	 
		 	Name:
		 	Title:

 TRUSTEE’S CERTIFICATE OF AUTHENTICATION 

U.S. Bank National Association, Trustee, certifies that this is one of the Notes referred to in the Supplemental Indenture. 

 

			
	By:	 	 
		 	Authorized Signatory

  
 A-2 

 [Back of Note] 

2.875% Senior Notes due 2024 

Capitalized terms used herein have the meanings assigned to them in the Indenture referred to below unless otherwise indicated. 

(1) INTEREST. Equinix, Inc., a Delaware corporation (the “Company”), promises to pay interest on the principal amount
of this Note at 2.875% per annum from March 14, 2018 until maturity. The Company will pay interest semi-annually in arrears on March 15 and September 15 of each year, or if any such day is not a Business Day, on the next succeeding
Business Day (each, an “Interest Payment Date”). Interest on the Notes will accrue from the most recent date to which interest has been paid or, if no interest has been paid, from the date of issuance; 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; provided further that the first Interest Payment Date shall be September 15, 2018. The Company will pay interest (including post-petition interest in any proceeding under any Bankruptcy Law) on overdue principal and premium, if
any, from time to time on demand at a rate that is 1% per annum in excess of the rate then in effect to the extent lawful; it will pay interest (including post-petition interest in any proceeding under any Bankruptcy Law) on overdue installments of
interest (without regard to any applicable grace periods) from time to time on demand at the same rate to the extent lawful. Interest will be computed daily on the basis of a 360-day year of twelve 30-day months. 
 (2) METHOD OF PAYMENT. The Company will pay interest and any Additional Amounts,
if any, on the Notes (except defaulted interest) to the Persons who are registered Holders of Notes at the close of business on the March 1 or September 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 2.14 of the Base Indenture with respect to defaulted interest. The Notes will be payable as to principal, premium, interest, if any, at the office or agency
of the Company maintained for such purpose within or without London, United Kingdom, or, at the option of the Company, payment of interest may be made by wire transfer or by check mailed to the address of the appropriate person as it appears on the
security register. So long as the registered owner of the Notes is a common depositary of Euroclear and Clearstream or their nominee, payment of principal and interest shall be made in accordance with the requirements of Euroclear and Clearstream.
If the Euro is unavailable to the Company due to the imposition of exchange controls or other circumstances beyond the Company’s control or if the Euro is no longer being used by the then member states of the European Monetary Union that have
adopted the Euro as their currency or for the settlement of transactions by public institutions of or within the international banking community, then all payments in respect of the Notes will be made in U.S. dollars until the Euro is again
available to us or so used. The amount payable on any date in Euro will be converted into U.S. dollars on the basis of the then most recently available market exchange rate for Euro. Any payment in respect of any Note so made in U.S. dollars
pursuant to the Indenture will not constitute an Event of Default under the Notes or the Indenture. 
 (3) PAYING AGENT AND
REGISTRAR. Initially, Elavon Financial Services DAC, UK Branch, will act as Paying Agent and Elavon Financial Services DAC will act as Registrar. The Company may change any Paying Agent or Registrar without notice to any Holder. The Company or
any of its Subsidiaries may act in the capacity of Paying Agent or Registrar. 

  
 A-3 

 (4) INDENTURE. The Company issued the Notes under an Indenture, dated as of
December 12, 2017 (the “Base Indenture” and, as supplemented by the Supplemental Indenture (as defined below), the “Indenture”), by and between the Company and the Trustee, as supplemented by that certain
Second Supplemental Indenture, dated as of March 14, 2018, by and between the Company, the Trustee, the Paying Agent and the Registrar (the “Supplemental Indenture”). The terms of this Note include those stated in the Indenture
and those made part of the Indenture by reference to the TIA. 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 unsecured obligations of the Company. 

(5) OPTIONAL REDEMPTION. 

(a) Other than as set forth below (including paragraph 6 below), the Notes are not redeemable prior to maturity. 

(b) At any time prior to September 15, 2020, the Company may on any one or more occasions redeem up to 35% of the aggregate principal
amount of the Notes (calculated after giving effect to any issuance of Additional Notes) outstanding under the Supplemental Indenture, at a redemption price equal to 102.875% of the principal amount of the Notes to be redeemed, plus accrued and
unpaid interest, if any, to, but not including, the redemption date, with the net cash proceeds of one or more Equity Offerings; provided that: 

(1) at least 65% of the aggregate principal amount of the Notes (calculated after giving effect to any issuance of Additional
Notes) issued under the Supplemental Indenture remains outstanding immediately after the occurrence of such redemption (excluding notes held by the Company and its subsidiaries); and 

(2) the redemption must occur within 90 days of the date of the closing of such Equity Offering. 

(c) On or after September 15, 2020, the Company may redeem all or a part of the Notes, on any one or more occasions, at the redemption
prices (expressed as percentages of principal amount) set forth below plus accrued and unpaid interest thereon, if any, to, but not including, the applicable redemption date, if redeemed during the twelve or eighteen month period, as applicable,
beginning on September 15 of the years indicated below: 
  

					
	 Year
	  	Percentage	 
	 2020
	  	 	101.438	% 
	 2021
	  	 	100.719	% 
	 2022 and thereafter
	  	 	100.000	% 

 (d) At any time prior to September 15, 2020, the Company may also redeem all or a part of the Notes at a
redemption price equal to 100% of the principal amount of Notes redeemed plus the Applicable Premium as of, and accrued and unpaid interest, if any, to, but not including, the date of redemption (the “Redemption Date”), subject to
the rights of Holders of record of Notes on the relevant record date to receive interest due on the relevant Interest Payment Date. 
 (e)
Any redemption pursuant to this paragraph 5 shall be made pursuant to the provisions of ARTICLE 3 of the Supplemental Indenture. 
 (f) Any
redemption or notice of redemption, other than a notice of redemption delivered pursuant to the Supplemental Indenture in connection with a Change in Tax Law, may, at the Company’s discretion, be subject to one or more conditions precedent,
including completion of an Equity Offering or other corporate transaction. 

  
 A-4 

 (6) TAX REDEMPTION. 

(a) The Company may redeem the Notes, in whole but not in part, at its option, at any time upon giving not less than 30 nor more than 60
days’ prior notice to the Holders of the Notes and the Trustee (which notice will be irrevocable) at a redemption price equal to 100% of the principal amount of the Notes being redeemed, plus accrued and unpaid interest and Additional Amounts,
if any, to, but excluding, the Tax Event Redemption Date and all Additional Amounts (if any) then due and which will become due on the Tax Event Redemption Date as a result of the redemption or otherwise (subject to the right of Holders of the Notes
on the relevant record date to receive interest due on the relevant interest payment date occurring on or prior to the redemption date and Additional Amounts (if any) in respect thereof), if, on the next date on which any amount would be payable in
respect of the Notes, the Company is or, based upon a Tax Opinion would be required to pay Additional Amounts in respect of the Notes and cannot avoid such payment obligation by taking reasonable measures available to the Company, and such
requirement arises as a result of a Change in Tax Law. 
 (b) The Company will not give any such notice of redemption earlier than 60 days
prior to the earliest date on which the Company would be obligated to pay Additional Amounts if a payment in respect of the Notes was then due, and the obligation to pay Additional Amounts must be in effect at the time such notice is given. Before
the Company publishes or delivers a notice of redemption in respect of a Tax Event Redemption Date as described above, the Company will deliver to the Trustee an Officers’ Certificate to the effect that the Company cannot avoid the obligation
to pay Additional Amounts by taking reasonable measures available to it and, if required, the Tax Opinion. Any notice of redemption shall otherwise be given pursuant to the procedures pursuant to Section 3.02 of the Supplemental Indenture. The
Trustee shall accept, and will be entitled to conclusively rely on, such Tax Opinion and such Officers’ Certificate as sufficient evidence of the existence and satisfaction of the conditions precedent described in Section 3.03(a)(i) or
(ii) of the Supplemental Indenture, as applicable, and upon delivery of such Tax Opinion and Officers’ Certificate to the Trustee the Company will be entitled to give notice of redemption hereunder and such notice of redemption will be
conclusive and binding on the Holders of the Notes. 
 (7) NOTICE OF REDEMPTION. Notice of redemption will be delivered 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 and the Trustee, except that redemption notices with respect to any redemption pursuant to Section 3.02 of the
Supplemental Indenture may be delivered more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of the Indenture. Notes in denominations larger than
€100,000 may be redeemed in part in connection with any redemption pursuant to Section 3.02, but only in whole multiples of €1,000 unless all of the Notes held by a Holder are to be redeemed and provided that any unredeemed
portion of a Note is equal to €100,000 or a multiple of €1,000 in excess thereof. Any notice of redemption in connection with a Change in Tax Law pursuant to Section 3.03 of the Supplemental Indenture will comply with the procedures
described in Section 6 of this Note and Sections 3.02 and 3.03 of the Supplemental Indenture, as applicable. On and after the redemption date, interest will cease to accrue on the Notes or portions thereof called for redemption as long as the
Company has deposited with the Paying Agent funds in satisfaction of the applicable redemption price. 

  
 A-5 

 (8) REPURCHASE AT THE OPTION OF HOLDER. 

(a) In the event that the Company or a Restricted Subsidiary is required to commence an offer to all Holders to purchase Notes pursuant to
Section 4.05 of the Supplemental Indenture, it will comply with the terms set forth in the Supplemental Indenture, including Section 3.04 thereof. 

(b) If a Change of Control Triggering Event occurs, the Company will be required to make an offer (a “Change of Control
Offer”) to each Holder to repurchase all or any part of such Holder’s Notes at a purchase price in cash equal to 101% of the aggregate principal amount of the Notes repurchased plus accrued and unpaid interest on the Notes repurchased
to the date of repurchase, subject to the rights of Holders on the relevant record date to receive interest due on the relevant Interest Payment Date. Within 30 days following any Change of Control Triggering Event, the Company will deliver a notice
to each Holder, with a copy to the Trustee, setting forth the procedures governing the Change of Control Offer as required by the Indenture. 

(9) DENOMINATIONS, TRANSFER, EXCHANGE. The Notes are in registered form without coupons in minimum denominations of €100,000 and
any multiple of €1,000 in excess thereof. 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 Company may require a Holder to pay any taxes and fees required by law or permitted by the Indenture. The Company 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 that is equal to €100,000 and integral multiples of €1,000 in excess thereof. Also, the Company need not issue, register the transfer of or exchange any Notes
for a period of 15 days before a selection of Notes to be redeemed or during the period between a record date and the next succeeding 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. Subject to certain exceptions, the Indenture and the Notes may be amended or supplemented with
the consent of the Holders of at least a majority in aggregate principal amount of the then outstanding Notes (including Additional Notes, if any, issued under the Supplemental Indenture) voting as a single class (including, without limitation,
consents obtained in connection with a tender offer or exchange offer for purchase of, the Notes), and any existing Default or Event or 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 the Indenture and the Notes may be waived with the consent of the Holders of a majority in aggregate
principal amount of the then outstanding Notes (including Additional Notes, if any, issued under the Supplemental Indenture) voting as a single class (including, without limitation, consents obtained in connection with a tender offer or exchange
offer for purchase of, the Notes). Without the consent of any Holder of Notes, the Indenture or the Notes may be amended or supplemented to cure any ambiguity, defect or inconsistency; provide for the assumption by a Surviving Entity of the
obligations of the Company under the Indenture; provide for uncertificated Notes in addition to or in place of certificated Notes; secure the Notes, add to the covenants of the Company for the benefit of the holders of the Notes or surrender any
right or power conferred upon the Company; make any change that does not adversely affect the rights of any holder of the Notes; comply with any requirement of the Commission in connection with the qualification of the Indenture under the TIA;
provide for the issuance of Additional Notes in accordance with the Supplemental Indenture; evidence and provide for the acceptance of appointment by a successor Trustee; conform the text of the Indenture or the Notes to any provision of the
“Description of notes” of the Prospectus to the extent that such provision in the “Description of notes” of the Prospectus was intended to be a recitation of a provision of the Indenture or the Notes; or make any amendment to the
provisions of the Indenture relating to the 

  
 A-6 

 
transfer and legending of the Notes as permitted by the Indenture, including, without limitation to facilitate the issuance and administration of the Notes; provided that
(i) compliance with the Indenture as so amended would not result in the Notes being transferred in violation of the Securities Act or any applicable securities law and (ii) such amendment does not materially and adversely affect the rights
of Holders to transfer the Notes. 
 (12) DEFAULTS AND REMEDIES. Events of Default with respect to the Notes include:
(i) default for 30 days in the payment when due of interest on, with respect to the Notes; (ii) default in the payment when due (at maturity, upon redemption or otherwise) of the principal on the Notes (including the failure to make a
payment to purchase Notes tendered pursuant to a Change of Control Offer); (iii) failure by the Company for 60 days after notice to the Company by the Trustee or the Holders of at least 25% in aggregate principal amount of the Notes then outstanding
voting as a single class to comply with any of the other covenants or agreements in the Indenture (except (i) in the case of a default with respect to Section 5.01 of the Supplemental Indenture, which will constitute an Event of Default
with such notice requirement but without such passage of time requirement and (ii) as otherwise provided in the last paragraph of Section 4.03 of the Base Indenture); (iv) the failure to pay at final maturity (giving effect to any
applicable grace periods and any extensions thereof) the stated principal amount of any Indebtedness of the Company or any Restricted Subsidiary of the Company, or the acceleration of the final stated maturity of any such Indebtedness (which
acceleration is not rescinded, annulled or otherwise cured within 30 days of receipt by the Company or such Restricted Subsidiary of notice of any such acceleration) if the aggregate principal amount of such Indebtedness, together with the principal
amount of any other such Indebtedness in default for failure to pay principal at final stated maturity or which has been so accelerated (in each case with respect to which the 30-day period described above has
passed), equals $350.0 million or more at any time; (v) failure by the Company to pay final non-appealable judgments entered by a court or courts of competent jurisdiction against the Company or any
Restricted Subsidiary of the Company in amounts aggregating in excess of $350.0 million, which judgments are not paid, discharged or stayed for a period of 60 days; (vi) the Company or any of its Restricted Subsidiaries that is a Material
Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Material Subsidiary, pursuant to or within the meaning of Bankruptcy Law, commences a voluntary case, consents to the entry of an order for
relief against it in an involuntary case, consents to the appointment of a custodian for it or for all or substantially all of its property, makes a general assignment for the benefit of its creditors, or an admission by the Company in writing of
its inability to pay its debts as they become due; or (vii) a court of competent jurisdiction enters an order or decree under any Bankruptcy Law that is for relief against the Company or any of its Restricted Subsidiaries that is a Material
Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Material Subsidiary in an involuntary case; appoints a custodian of the Company or any of its Restricted Subsidiaries that is a Material
Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Material Subsidiary or for all or substantially all of the property of the Company or any of its Restricted Subsidiaries that is a Material
Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Material Subsidiary or orders the liquidation of the Company or any of its Restricted Subsidiaries that is a Material Subsidiary or any group
of Restricted Subsidiaries of the Company that, taken together, would constitute a Material Subsidiary and the order or decree remains unstayed and in effect for 60 consecutive days. 

If any Event of Default with respect to outstanding Notes occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate
principal amount of the then outstanding Notes may declare the principal of, and accrued and unpaid interest on all the Notes to be due and payable by notice in writing to the Company and the Trustee specifying the respective Event of Default and
that it is a “notice of acceleration” and the same shall be immediately due and payable. 

  
 A-7 

 Notwithstanding the foregoing, in the case of an Event of Default arising from certain events of
bankruptcy or insolvency occurring with respect to the Company, all unpaid principal of and accrued and unpaid interest on all of the outstanding Notes will become due and payable immediately without further action or notice. Holders may not enforce
the Indenture or the Notes except as provided in the Indenture. Subject to certain limitations, Holders of a majority in aggregate principal amount of the then outstanding Notes may direct the Trustee in its exercise of any trust or power. The
Trustee may withhold from Holders of the Notes notice of any continuing Default or Event of Default (except a Default or Event of Default relating to the payment of principal or interest or premium, if any) if it determines that withholding notice
is in their interest. The Holders of a majority in aggregate principal amount of the then outstanding Notes by notice to the Trustee may, on behalf of the Holders, rescind an acceleration or waive any existing Default or Event of Default and its
consequences under the Indenture except a continuing Default or Event of Default in the payment of interest or premium, if any, on, or the principal of, the Notes. The Company is required to deliver to the Trustee annually a statement regarding
compliance with the Indenture, and the Company is required, within five Business Days of any Officer becoming aware of any Default or Event of Default, to deliver to the Trustee a statement specifying such Default or Event of Default. 

(13) TRUSTEE DEALINGS WITH THE COMPANY. The Trustee, in its individual or any other capacity, may become the owner or pledgee of Notes
and may otherwise deal with the Company or any Affiliate of the Company with the same rights it would have if it were not Trustee. 
 (14)
NO RECOURSE AGAINST OTHERS. No past, present or future director, officer, employee, incorporator, agent, stockholder or Affiliate of the Company, as such, shall have any liability for any obligations of the Company under the Notes or under
the Indenture or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder of Notes by accepting a Note waives and releases all such liabilities. The waiver and release are part of the consideration for
the issuance of the Notes. 
 (15) AUTHENTICATION. This Note will 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) ISIN AND COMMON CODE NUMBERS. Pursuant to a recommendation promulgated by the Committee on Uniform Security Identification
Procedures, the Company has caused ISIN and Common Code numbers to be printed on the Notes, and the Trustee may use ISIN and Common Code 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. 

(18) GOVERNING LAW. THE INTERNAL LAW OF THE STATE OF NEW YORK WILL GOVERN AND BE USED TO CONSTRUE THE INDENTURE AND THIS NOTE WITHOUT
GIVING EFFECT TO APPLICABLE PRINCIPLES OF CONFLICTS OF LAW TO THE EXTENT THAT THE APPLICATION OF THE LAWS OF ANOTHER JURISDICTION WOULD BE REQUIRED THEREBY. 

  
 A-8 

 The Company will furnish to any Holder upon written request and without charge a copy of the
Indenture. Requests may be made to: 
 Equinix, Inc. 

One Lagoon Drive 
 Redwood City,
CA 94065 
 United States of America 

Attention: Chief Financial Officer 

  
 A-9 

 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 Company. 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). 

  
 A-10 

 OPTION OF HOLDER TO ELECT PURCHASE 

If you want to elect to have this Note purchased by the Company pursuant to Section 4.05 (Change of Control Offer) of the Supplemental
Indenture, check the box below: 
 ☐ Section 4.05 

If you want to elect to have only part of the Note purchased by the Company pursuant to Section 4.05 of the Supplemental 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). 

  
 A-11 

 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 increase
in Principal
Amount of this
Global
Note
	  	 Principal Amount of
this Global Note
following
such
decrease
(or increase)
	  	 Signature of
authorized officer of
Trustee or
Custodian

  

	*	This schedule should be included only if the Note is issued in global form. 

  
 A-12APPCOIN
INNOVATIONS INC.(1)

(the “Issuer”)

 

PRIVATE
PLACEMENT SUBSCRIPTION AGREEMENT

(SUBSCRIPTION RECEIPTS)

 

INSTRUCTIONS
TO SUBSCRIBER

 

	1.	You
    must complete all the information in the boxes on page 2 and sign where indicated with an “X”.
	 	 
	2	You
    must complete Exhibit A, “Acknowledgement and Direction” that is on page 16.
	 	 
	3.	You
    must complete and sign Exhibit B “Canadian Investor Questionnaire” that starts on page 17. The purpose of this
    form is to determine whether you meet the standards for participation in a private placement under applicable Canadian securities
    laws. In order for the Issuer to satisfy its obligations under applicable Canadian securities laws, you may be required to
    provide additional evidence to verify the information you have provided in Exhibit B.
	 	 
	4.	If
    you are a “U.S. Purchaser”, as defined in Exhibit C, you must complete and sign BOTH Exhibit B “Canadian
    Investor Questionnaire” that starts on page 17 AND Exhibit C “United States Accredited Investor Questionnaire”
    that starts on page 35.
	 	 
	5.	Unless
    you are subscribing through a person registered as a registered firm, registered individual or an exempt market dealer (each
    as defined in National Instrument 31-103 – Registration Requirements and Exemptions), or you are subscribing
    directly from the Issuer without the involvement of a finder, you must complete and sign Exhibit D “Risk Acknowledgement
    Form”, that starts on page 40.
	 	 
	6.	All
    subscription funds must be in U.S. Dollars. If you are paying for your subscription with funds drawn from a Canadian bank,
    you may pay by certified cheque or bank draft drawn on a Canadian chartered bank or by wire transfer to Clark Wilson LLP,
    legal counsel for the Issuer, pursuant to the wiring instructions set out in Exhibit E that is on page 41.
	 	 
	7.	All
    subscription funds must be in U.S. Dollars. If you are paying for your subscription with funds drawn on any source other than
    a Canadian chartered bank, you may only pay by wire transfer to Clark Wilson LLP pursuant to the wiring instructions set out
    in Exhibit E that is on page 41. 

 

 

	(1)	The
    Issuer has approved a change of name to “ICOX Innovations Inc.” which will be completed on or before February
    28, 2018.

 

    	 

    	- 2 -

    

 

APPCOIN
INNOVATIONS INC.

 

PRIVATE
PLACEMENT SUBSCRIPTION AGREEMENT

 

The
undersigned (the “Subscriber”) hereby irrevocably subscribes for and agrees to purchase from AppCoin Innovations
Inc.(1) (the “Issuer”) that number of subscription receipts of the Issuer (each, a “Subscription
Receipt”) set out below at a price of $0.60 per Subscription Receipt. Each Subscription Receipt will automatically convert
into one common share in the capital of the Issuer (each, a “Share”) in the event of the occurrence of the
Escrow Release Condition (as defined herein). The Subscriber agrees to be bound by the terms and conditions set forth in the attached
“Terms and Conditions of Subscription for Subscription Receipts”.

 

 

 

	(1)	The
    Issuer has approved a change of name to “ICOX Innovations Inc.” which will be completed on or before February
    28, 2018.

 

    	 

    	- 3 -

    

 

ACCEPTANCE

 

The
Issuer hereby accepts the Subscription (as defined herein) on the terms and conditions contained in this private placement subscription
agreement (this “Agreement”) as of the _____ day of ___________, 2018 (the “Closing Date”).

 

	APPCOIN
    INNOVATIONS INC.(1)	 
	 	 	 
	 	 	 
	Per:	 	 
	 	Authorized
    Signatory	 

 

	Address:	561
    Indiana Court	 
	 	Venice
    Beach, CA 90291	 
	Email:
    	Michael.blum@appcoininnovations.com	 
	Attention:	Michael
    Blum	 

 

 

	(1)	The
    Issuer has approved a change of name to “ICOX Innovations Inc.” which will be completed on or before February
    28, 2018.

 

    	 

    	- 4 -

    

 

TERMS
AND CONDITIONS OF SUBSCRIPTION FOR SUBSCRIPTION RECEIPTS

 

1.
Subscription

 

1.1
On the basis of the representations and warranties, and subject to the terms and conditions, set forth in this Agreement, the
Subscriber hereby irrevocably subscribes for and agrees to purchase such number of Subscription Receipts as is set forth on page
2 of this Agreement at a price of $0.60 per Subscription Receipt for the Subscription Amount shown on page 2 of this Agreement,
which is tendered herewith (such subscription and agreement to purchase being the “Subscription”), and the
Issuer agrees to sell the Subscription Receipts to the Subscriber, effective upon the Issuer’s acceptance of this Agreement.

 

1.2
In the event of the occurrence of the Escrow Release Condition (as defined herein), each Subscription Receipt will automatically
convert into one common share in the capital of the Issuer (each, a “Share”), for no additional consideration.
The Subscription Receipts and the Shares are collectively referred to herein as the “Securities”.

 

1.3
The Subscriber acknowledges that the Subscription Receipts have been offered to the Subscriber as part of an offering by the Issuer
of additional Subscription Receipts to other subscribers for gross proceeds of up to $5,000,000 (or any such greater or lesser
amount as may be determined by the Issuer in its sole discretion) (the “Offering”).

 

1.4
All dollar amounts referred to in this Agreement are in lawful money of United States, unless otherwise indicated.

 

1.5
The Subscriber acknowledges and agrees that this Agreement, the Subscription Amount and any other documents delivered in connection
herewith will be held by Clark Wilson LLP (the “Escrow Agent”), legal counsel to the Issuer, by or on behalf
of the Issuer. In the event that this Agreement is not accepted by the Issuer for whatever reason, which the Issuer expressly
reserves the right to do, the Issuer will cause the Escrow Agent to return the Subscription Amount (without interest thereon)
to the Subscriber at the address of the Subscriber as set forth on page 2 of this Agreement.

 

2.
Payment and Escrow Provisions

 

2.1
On or before the closing of the Offering (the “Closing”), the Subscriber will deliver to the Escrow Agent payment
for the Subscription Amount (the “Escrowed Funds”), as follows:

 

	 	(a)	if
    the Subscriber is drawing funds from a Canadian bank to pay for this Subscription, by a certified cheque or bank draft drawn
    on a Canadian chartered bank, or by wire transfer to the Escrow Agent pursuant to the wiring instructions set out in Exhibit
    E that is on page 41 of this Agreement; or
	 	 	 
	 	(b)	if
    the Subscriber is drawing funds from any source other than a Canadian chartered bank to pay for this Subscription, then ONLY
    by wire transfer to the Escrow Agent pursuant to the wiring instructions set out in Exhibit E that is on page 41 of this Agreement,

 

which
Escrowed Funds will be held in escrow, on behalf of the Issuer, by the Escrow Agent, in accordance with the terms and conditions
of an escrow agreement to be entered into between the Issuer and the Escrow Agent (the “Escrow Agreement”)
at or prior to the Closing.

 

    	 

    	- 5 -

    

 

2.2
The Escrowed Funds will be held by the Escrow Agent until the receipt by the Issuer of conditional approval for the listing of
the Shares on a Canadian stock exchange (the “Escrow Release Condition”).

 

2.3
In the event that the Escrow Release Condition is satisfied prior to 5:00 p.m. (Vancouver time) on May 31, 2018 (the “Escrow
Deadline”), the Issuer will deliver a notice to the Escrow Agent confirming the Escrow Release Condition has been satisfied
(the “Release Notice”). Upon receipt of the Release Notice: (a) the Escrow Agent will, as soon as practicable
thereafter, release the Escrowed Funds to the Issuer, and (b) each Subscription Receipt will automatically convert, without any
further action on the part of the Subscriber, into one Share, without payment of any additional consideration by the Subscriber.

 

2.4
If the Escrow Release Condition is not satisfied by the Escrow Deadline, or if the Issuer delivers written notice to the Escrow
Agent that the Escrow Release Condition will not be satisfied before the Escrow Deadline (the “Default Notice”),
the Subscription Receipts will expire and be of no further force and effect, effective as of the earlier of: (a) the Escrow Deadline
and (b) the date of the receipt of the Default Notice by the Escrow Agent, and the Subscriber will be entitled to receive from
the Escrow Agent a refund of the Escrowed Funds, without interest thereon and less applicable expenses required to return the
Escrowed Funds, to be refunded in the same format and, if applicable, to the same account, as the Escrowed Funds were initially
delivered by, or from, the Subscriber to the Escrow Agent, unless otherwise mutually agreed by the Subscriber and the Escrow Agent.

 

2.5
For greater certainty, the Subscription Receipts will be issued at the Closing by the Issuer and the Subscriber acknowledges
and agrees that it will be acquiring Subscription Receipts, and not Shares, pursuant to this Subscription Agreement. The Subscriber
further acknowledges and agrees that, if the Escrow Release Condition is satisfied by the Escrow Deadline, the Subscription Receipts
will convert automatically, with no further action on the part of the Subscriber, into Shares. In the event that the Issuer fails
to satisfy the Escrow Release Condition by the Escrow Deadline, or the Issuer delivers the Default Notice to the Escrow Agent,
the Escrowed Funds will be refunded to the Subscriber, in accordance with the terms of the certificate representing the Subscription
Receipts (the “Certificate”), which will be substantially in the form as attached hereto as Exhibit F.

 

2.6
Prior to the time that the Escrow Release Condition is satisfied and the Release Notice is provided, the Subscriber will not be
a shareholder of the Issuer with respect to the Subscription Receipts (or the Shares issuable on the conversion thereof) and will
not be entitled to vote on or in respect of any event which forms part of the Escrow Release Condition. The Subscriber will only
be entitled to receive the Shares if the Release Notice is provided to the Escrow Agent by the Issuer prior to the Escrow Deadline.
If the Release Notice is not provided to the Escrow Agent prior to the Escrow Deadline, the Subscriber will only be entitled to
a return of the Escrowed Funds and will not be entitled to acquire any Shares.

 

2.7
The Subscriber hereby acknowledges and agrees that upon conversion of the Subscription Receipts into Shares as provided in this
Agreement and the Certificate, the Issuer shall cause the Issuer’s Transfer Agent to issue the Shares by way of book entry
on the register maintained by the Issuer’s Transfer Argent for the appropriate number of Shares issuable upon deemed exercise
of the Subscription Receipts. The Issuer will not issue and deliver any certificates representing the Shares.

 

3.
Documents Required from Subscriber

 

3.1
Prior to the Closing, the Subscriber must complete, sign and return to the Issuer the following documents:

 

	 	(a)	this
    Agreement;

 

    	 

    	- 6 -

    

 

	 	(b)	the
    Acknowledgement and Direction attached as Exhibit A, which is on page 16;
	 	 	 
	 	(c)	the
    Canadian Investor Questionnaire (the “Canadian Questionnaire”) attached as Exhibit B that starts on page
    17, along with any additional evidence that may be requested by the Issuer to verify the information provided in the Canadian
    Questionnaire;
	 	 	 
	 	(d)	if
    the Subscriber is a U.S. Purchaser (as defined in Exhibit C), the United States Accredited Investor Questionnaire (the “U.S.
    Questionnaire” and, together with the Canadian Questionnaire, the “Questionnaires”) attached
    as Exhibit C that starts on page 35 along with any additional evidence that may be requested by the Issuer to verify the information
    provided in the U.S. Questionnaire;
	 	 	 
	 	(e)	if
    the Subscriber is not subscribing through a person registered as a registered firm, registered individual or an exempt market
    dealer (each as defined in National Instrument 31-103 – Registration Requirements and Exemptions), or the Subscriber
    is acquiring the Subscription Receipts directly from the Issuer without involvement of a finder, the “Risk Acknowledgement
    Form” attached hereto as Exhibit D, which is on page 40; and
	 	 	 
	 	(f)	such
    other supporting documentation that the Issuer or the Escrow Agent may request to establish the Subscriber’s qualification
    as a qualified investor,

 

and
the Subscriber acknowledges and agrees that the Issuer will not consider the Subscription for acceptance unless the Subscriber
has provided all of such documents to the Issuer.

 

3.2
As soon as practicable upon any request by the Issuer, the Subscriber will complete, sign and return to the Issuer any additional
documents, questionnaires, notices and undertakings as may be required by any regulatory authorities or applicable laws.

 

3.3
The Issuer and the Subscriber acknowledge and agree that the Escrow Agent has acted as legal counsel only to the Issuer and, notwithstanding
its requirements as escrow agent, is not protecting the rights and interests of the Subscriber. The Subscriber acknowledges and
agrees that the Issuer and the Escrow Agent have given the Subscriber the opportunity to seek, and are hereby recommending
that the Subscriber obtain, independent legal advice with respect to the subject matter of this Agreement, and the Subscriber
hereby represents and warrants to the Issuer and the Escrow Agent that the Subscriber has sought such independent legal advice
or waives such advice.

 

4.
Conditions and Closing

 

4.1
The Closing Date will occur on such date as may be determined by the Issuer in its sole discretion. The Issuer may, at its discretion,
elect to close the Offering in one or more closings.

 

4.2
The Closing is conditional upon and subject to:

 

	 	(a)	the
    Issuer having obtained all necessary approvals and consents, including applicable regulatory approvals, for the Offering;
	 	 	 
	 	(b)	the
    issue and sale of the Subscription Receipts being exempt from the requirement to file a prospectus and the requirement to
    deliver an offering memorandum under applicable securities laws relating to the sale of the Subscription Receipts, or the
    Issuer having received such orders, consents or approvals as may be required to permit such sale without the requirement to
    file a prospectus or deliver an offering memorandum; and

 

    	 

    	- 7 -

    

 

	 	(c)	the
    Issuer having obtained the approval of any stock exchange upon which the Shares are then listed and trading, if applicable,
    for the Offering.

 

4.3
The Subscriber acknowledges that the certificates representing the Subscription Receipts will be available for delivery within
five business days of the Closing Date, provided that the Subscriber has satisfied the requirements of Section 3 hereof and the
Issuer has accepted this Agreement.

 

5.
Acknowledgements and Agreements of the Subscriber

 

5.1
The Subscriber acknowledges and agrees that:

 

	 	(a)	except
    as provided in this Agreement, none of the Securities have been or will be registered under the United States Securities
    Act of 1933, as amended (the “1933 Act”), or under any securities or “blue sky” laws of
    any state of the United States, and, unless so registered, may not be offered or sold in the United States or, directly or
    indirectly, to any U.S. Person (as defined in Section 6.2), except in accordance with the provisions of Regulation S under
    the 1933 Act (“Regulation S”), pursuant to an effective registration statement under the 1933 Act, or pursuant
    to an exemption from, or in a transaction not subject to, the registration requirements of the 1933 Act, and in each case
    only in accordance with applicable state, provincial and foreign securities laws; 
	 	 	 
	 	(b)	hedging
    transactions involving the Securities may not be conducted unless such transactions are in compliance with the provisions
    of the 1933 Act and in each case only in accordance with applicable securities laws;
	 	 	 
	 	(c)	other
    than as set out herein, the Issuer has not undertaken, and will have no obligation, to register any of the Securities under
    the 1933 Act or any other applicable securities laws;
	 	 	 
	 	(d)	the
    Issuer will refuse to register the transfer of any of the Securities to a U.S. Person not made pursuant to an effective registration
    statement under the 1933 Act or pursuant to an available exemption from the registration requirements of the 1933 Act, and
    in each case in accordance with applicable laws;
	 	 	 
	 	(e)	the
    decision to execute this Agreement and to acquire the Securities has not been based upon any oral or written representation
    as to fact or otherwise made by or on behalf of the Issuer and such decision is based entirely upon a review of any public
    information which has been filed by the Issuer with the United States Securities and Exchange Commission (the “SEC”)
    (collectively, the “Public Record”);
	 	 	 
	 	(f)	the
    Issuer and others will rely upon the truth and accuracy of the acknowledgements, representations, warranties, covenants and
    agreements of the Subscriber contained in this Agreement and the Questionnaires, as applicable, and the Subscriber agrees
    that if any of such acknowledgements, representations and agreements are no longer accurate or have been breached, the Subscriber
    will promptly notify the Issuer;
	 	 	 
	 	(g)	there
    are risks associated with the purchase of the Securities, as more fully described in the Issuer’s periodic disclosure
    forming part of the Public Record;
	 	 	 
	 	(h)	the
    Subscriber and the Subscriber’s advisor(s) have had a reasonable opportunity to ask questions of and receive answers
    from the Issuer in connection with the distribution of the Securities hereunder, and to obtain additional information, to
    the extent possessed or obtainable without unreasonable effort or expense, necessary to verify the accuracy of the information
    about the Issuer;

 

    	 

    	- 8 -

    

 

	 	(i)	a
    portion of this Offering may be sold pursuant to an agreement between the Issuer and one or more agents registered in accordance
    with applicable securities laws, in which case the Issuer will pay a fee and/or compensation securities on terms as set out
    in such agency agreement; 
	 	 	 
	 	(j)	finder’s
    fees or broker’s commissions may be payable by the Issuer to finders who introduce subscribers to the Issuer;
	 	 	 
	 	(k)	the
    books and records of the Issuer were available upon reasonable notice for inspection, subject to certain confidentiality restrictions,
    by the Subscriber during reasonable business hours at its principal place of business, and all documents, records and books
    in connection with the distribution of the Securities hereunder have been made available for inspection by the Subscriber,
    the Subscriber’s legal counsel and/or the Subscriber’s advisor(s);
	 	 	 
	 	(l)	all
    of the information which the Subscriber has provided to the Issuer is correct and complete, and if there should be any change
    in such information prior to the Closing, the Subscriber will immediately notify the Issuer, in writing, of the details of
    any such change;
	 	 	 
	 	(m)	the
    Issuer is entitled to rely on the representations and warranties of the Subscriber contained in this Agreement and the Questionnaires,
    as applicable;
	 	 	 
	 	(n)	any
    resale of the Securities by the Subscriber will be subject to resale restrictions contained in the securities laws applicable
    to the Issuer, the Subscriber and any proposed transferee, and it is the responsibility of the Subscriber to find out what
    those restrictions are and to comply with such restrictions before selling any of the Securities;
	 	 	 
	 	(o)	the
    Subscriber has been advised to consult the Subscriber’s own legal, tax and other advisors with respect to the merits
    and risks of an investment in the Securities and with respect to applicable resale restrictions, and the Subscriber is solely
    responsible (and the Issuer is not in any way responsible) for compliance with any applicable:

 

	 	(i)	laws
    of the jurisdiction in which the Subscriber is resident in connection with the distribution of the Securities hereunder, and
	 	 	 
	 	(ii)	resale
    restrictions;

 

	 	(p)	there
    may be material tax consequences to the Subscriber for any acquisition or disposition
    of the Securities and the Issuer gives
    no opinion and makes no representation to the Subscriber with respect to the tax consequences to the Subscriber under
    federal, state, provincial, local or foreign tax laws that may apply to the Subscriber’s acquisition
    or disposition of the Securities;
	 	 	 
	 	(q)	the
    Subscriber consents to the placement of a legend or legends on any certificate or other document evidencing any of the Securities
    setting forth or referring to the restrictions on transferability and sale thereof contained in this Agreement, with such
    legend(s) to be substantially as follows:

 

    	 

    	- 9 -

    

 

UNLESS
PERMITTED UNDER SECURITIES LEGISLATION, THE HOLDER OF THIS SECURITY MUST NOT TRADE THE SECURITY BEFORE THE DATE THAT IS 4 MONTHS
AND A DAY AFTER THE LATER OF (i) [INSERT THE DISTRIBUTION DATE], AND (ii) THE DATE THE ISSUER BECAME A REPORTING ISSUER
IN ANY PROVINCE OR TERRITORY;

 

	 	(r)	the
    Issuer has advised the Subscriber that the Issuer is relying on an exemption from the requirements to provide the Subscriber
    with a prospectus and to sell the Securities through a person registered to sell securities under Canadian securities laws,
    and, as a consequence of acquiring the Securities pursuant to such exemption, certain protections, rights and remedies provided
    by applicable securities laws (including the various provincial securities acts), including statutory rights of rescission
    or damages, will not be available to the Subscriber;
	 	 	 
	 	(s)	no
    securities commission or similar regulatory authority has reviewed or passed on the merits of any of the Securities; 
	 	 	 
	 	(t)	there
    is no government or other insurance covering any of the Securities; and
	 	 	 
	 	(u)	this
    Agreement is not enforceable by the Subscriber unless it has been accepted by the Issuer and the Issuer reserves the right
    to reject this Subscription for any reason.

 

6.
Representations and Warranties of the Subscriber

 

6.1
The Subscriber hereby represents and warrants to the Issuer (which representations and warranties will survive the Closing) that:

 

	 	(a)	unless
    the Subscriber has completed Exhibit C, the Subscriber is not a U.S. Person;
	 	 	 
	 	(b)	the
    Subscriber is resident in the jurisdiction set out on page 2 of this Agreement;
	 	 	 
	 	(c)	if
    the Subscriber is resident outside of Canada:

 

	 	(i)	the
    Subscriber is knowledgeable of, or has been independently advised as to, the applicable securities laws having application
    in the jurisdiction in which the Subscriber is resident (the “International Jurisdiction”) which would
    apply to the offer and sale of the Securities,
	 	 	 
	 	(ii)	the
    Subscriber is purchasing the Securities pursuant to exemptions from prospectus or equivalent requirements under applicable
    laws or, if such is not applicable, the Subscriber is permitted to purchase the Securities under applicable securities laws
    of the International Jurisdiction without the need to rely on any exemptions,
	 	 	 
	 	(iii)	the
    applicable securities laws of the International Jurisdiction do not require the Issuer to make any filings or seek any approvals
    of any kind from any securities regulator of any kind in the International Jurisdiction in connection with the offer, issue,
    sale or resale of any of the Securities,

 

    	 

    	- 10 -

    

 

	 	(iv)	the
    purchase of the Securities by the Subscriber does not trigger:

 

	 	A.	any
    obligation to prepare and file a prospectus or similar document, or any other report with respect to such purchase in the
    International Jurisdiction, or
	 	 	 
	 	B.	any
    continuous disclosure reporting obligation of the Issuer in the International Jurisdiction, and

 

	 	(v)	the
    Subscriber will, if requested by the Issuer, deliver to the Issuer a certificate or opinion of local counsel from the International
    Jurisdiction which will confirm the matters referred to in subparagraphs (ii), (iii) and (iv) above to the satisfaction of
    the Issuer, acting reasonably;

 

	 	(d)	the
    Subscriber has the legal capacity and competence to enter into and execute this Agreement and to take all actions required
    pursuant hereto and, if the Subscriber is a corporate entity, it is duly incorporated and validly subsisting under the laws
    of its jurisdiction of incorporation and all necessary approvals by its directors, shareholders and others have been obtained
    to authorize execution and performance of this Agreement on behalf of the Subscriber;
	 	 	 
	 	(e)	the
    entering into of this Agreement and the transactions contemplated hereby do not result in the violation of any of the terms
    and provisions of any law applicable to, or, if applicable, the constating documents of, the Subscriber or of any agreement,
    written or oral, to which the Subscriber may be a party or by which the Subscriber is or may be bound;
	 	 	 
	 	(f)	the
    Subscriber has duly executed and delivered this Agreement and it constitutes a valid and binding agreement of the Subscriber
    enforceable against the Subscriber in accordance with its terms;
	 	 	 
	 	(g)	the
    Subscriber has received and carefully read this Agreement;
	 	 	 
	 	(h)	the
    Subscriber is aware that an investment in the Issuer is speculative and involves certain risks, including those risks disclosed
    in the Public Record and the possible loss of the entire Subscription Amount;
	 	 	 
	 	(i)	the
    Subscriber has made an independent examination and investigation of an investment in the Securities and the Issuer and agrees
    that the Issuer will not be responsible in any way for the Subscriber’s decision to invest in the Securities and the
    Issuer;
	 	 	 
	 	(j)	the
    Subscriber is not an underwriter of, or dealer in, any of the Securities, nor is the Subscriber participating, pursuant to
    a contractual agreement or otherwise, in the distribution of the Securities;
	 	 	 
	 	(k)	the
    Subscriber is not aware of any advertisement of any of the Securities and is not acquiring the Securities as a result of any
    form of general solicitation or general advertising, including advertisements, articles, notices or other communications published
    in any newspaper, magazine or similar media, or broadcast over radio or television, or any seminar or meeting whose attendees
    have been invited by general solicitation or general advertising; and

 

    	 

    	- 11 -

    

 

	 	(l)	no
    person has made to the Subscriber any written or oral representations:

 

	 	(i)	that
    any person will resell or repurchase any of the Securities,
	 	 	 
	 	(ii)	that
    any person will refund the purchase price of any of the Securities, or
	 	 	 
	 	(iii)	as
    to the future price or value of any of the Securities.

 

6.2
In this Agreement, the term “U.S. Person” will have the meaning ascribed thereto in Regulation S, and for the
purpose of this Agreement includes, but is not limited to: (a) any person in the United States; (b) any natural person resident
in the United States; (c) any partnership or corporation organized or incorporated under the laws of the United States; (d) any
partnership or corporation organized outside the United States by a U.S. Person principally for the purpose of investing in securities
not registered under the 1933 Act, unless it is organized or incorporated, and owned, by accredited investors who are not natural
persons, estates or trusts; or (e) any estate or trust of which any executor or administrator or trustee is a U.S. Person.

 

7.
Representations and Warranties of the Issuer

 

7.1
By executing this Subscription Agreement, the Issuer represents, warrants and covenants to the Subscriber, which representations,
warranties and covenants will be true and correct as of the Closing with the same force and effect as if made at and as of the
Closing (and acknowledges that the Subscriber is relying thereon) that:

 

	 	(a)	the
    Issuer has been duly incorporated and organized and is a valid and subsisting company under the laws of the State of Nevada,
    and is duly qualified to carry on business in each jurisdiction wherein the carrying out of the activities contemplated makes
    such qualifications necessary;
	 	 	 
	 	(b)	the
    Subscription Receipts will, upon issue and delivery, be validly issued upon receipt by the Issuer of full payment therefor,
    and upon conversion of the Subscription Receipts in accordance with their terms, the Shares will be validly issued, as fully
    paid and non-assessable;
	 	 	 
	 	(c)	the
    Issuer has the full corporate right, power and authority to execute this Subscription Agreement, and to issue the Subscription
    Receipts (and the Shares upon conversion of the Subscription Receipts) to the Subscriber pursuant to the terms of this Agreement;
    and
	 	 	 
	 	(d)	this
    Agreement constitutes a binding and enforceable obligation of the Issuer, enforceable in accordance with its terms.

 

8.
Registration Rights

 

8.1
The Issuer will prepare and file a registration statement with respect to 50% of the Shares issuable upon conversion of the Subscription
Receipts (the “Registration Statement”) with the SEC within 90 days following the Closing and will use commercially
reasonable efforts to have the Registration Statement declared effective by the SEC as soon as possible after filing. The Registration
Statement shall state, to the extent permitted by Rule 416 under the 1933 Act, that it also covers such indeterminate number of
additional Shares as may become issuable upon exercise of the Subscription Receipts in order to (i) prevent dilution resulting
from stock splits, stock dividends or similar events and (ii) effect any required anti-dilution adjustments pursuant to the terms
of the Subscription Receipts. Notwithstanding any other provision in this Section 8, if the Issuer receives a comment from the
staff of the SEC that effectively results in the Issuer having to reduce the number of Shares included in such Registration Statement,
then the Issuer, after having first used commercially reasonable efforts to persuade the staff of the SEC to withdraw such comment,
may in its sole discretion reduce on a pro rata basis (among all subscribers in the Offering) the number of Shares to be included
in the Registration Statement.

 

    	 

    	- 12 -

    

 

8.2
In connection with the preparation and filing of the Registration Statement, the Subscriber will furnish to the Issuer, in writing,
such information and representations with respect to itself and the proposed distribution by it as are reasonably necessary in
order to assure compliance with applicable federal and state securities laws. The Issuer will require the Subscriber to furnish
to the Issuer, among other things as may be determined by the Issuer in its sole discretion, a certified statement as to the number
of securities of the Issuer beneficially owned by the Subscriber and the name of the natural person that has voting and dispositive
control over such Shares. The Subscriber will be responsible for payment of any legal fees it incurs in connection with the Registration
Statement.

 

8.3
The Subscriber shall indemnify and hold harmless the Issuer, its directors, officers, agents and employees, each person who controls
the Issuer (within the meaning of Section 15 of the 1933 Act and Section 20 of the Securities Exchange Act of 1934), and the directors,
officers, agents or employees of such controlling persons, to the fullest extent permitted by applicable law, from and against
all losses, as incurred, to the extent arising out of or based solely upon: (a) the Subscriber’s failure to comply with
the prospectus delivery requirements of the 1933 Act; (b) any untrue or alleged untrue statement of a material fact contained
in the Registration Statement, or in any amendment or supplement thereto or in any preliminary prospectus, or arising out of or
relating to any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements
therein not misleading to the extent that: (i) such untrue statement or omission is contained in any information so furnished
in writing by the Subscriber to the Issuer specifically for inclusion in the Registration Statement, (ii) such untrue statements
or omissions are based solely upon information regarding the Subscriber furnished in writing to the Issuer by the Subscriber expressly
for use therein, or (iii) such information relates to the Subscriber or the Subscriber’s proposed method of distribution
of the Shares and was reviewed and expressly approved in writing by the Subscriber expressly for use in the Registration Statement
or in any amendment or supplement thereto; or (c) the use by the Subscriber of an outdated or defective Registration Statement
after the Issuer has notified the Subscriber in writing that the Registration Statement is outdated or defective.

 

8.4
If a claim for indemnification hereunder is unavailable to the Issuer (by reason of public policy or otherwise), then the Subscriber,
in lieu of indemnifying the Issuer, shall contribute to the amount paid or payable by the Issuer as a result of such losses, in
such proportion as is appropriate to reflect the relative fault of the Subscriber and the Issuer in connection with the actions,
statements or omissions that resulted in such losses, as well as any other relevant equitable considerations. The relative fault
of the Subscriber and the Issuer shall be determined by reference to, among other things, whether any action in question, including
any untrue or alleged untrue statement of a material fact or omission or alleged omission of a material fact, has been taken or
made by, or relates to information supplied by, the Subscriber or the Issuer, and the parties’ relative intent, knowledge,
access to information and opportunity to correct or prevent such action, statement or omission. The amount paid or payable by
a party as a result of any losses shall be deemed to include, subject to the limitations set forth in this Agreement, any reasonable
attorneys’ or other reasonable fees or expenses incurred by such party in connection with any proceeding to the extent such
party would have been indemnified for such fees or expenses if the indemnification provided for in this section was available
to such party in accordance with its terms.

 

    	 

    	- 13 -

    

 

9.
Representations and Warranties will be Relied Upon by the Issuer

 

9.1
The Subscriber acknowledges and agrees that the representations and warranties contained in this Agreement are made by it with
the intention that such representations and warranties may be relied upon by the Issuer and the Escrow Agent in determining the
Subscriber’s eligibility to purchase the Securities under applicable laws, or, if applicable, the eligibility of others
on whose behalf the Subscriber is contracting hereunder to purchase the Securities under applicable laws. The Subscriber further
agrees that, upon issuance of the Securities, it will be representing and warranting that the representations and warranties contained
herein are true and correct as at the Closing Date, and as at the date of any issuance of Shares hereunder, with the same force
and effect as if they had been made by the Subscriber at such date and that they will survive the purchase by the Subscriber of
the Securities and will continue in full force and effect notwithstanding any subsequent disposition by the Subscriber of any
of the Securities.

 

10.
Acknowledgement and Waiver

 

10.1
The Subscriber has acknowledged that the decision to acquire the Securities was solely made on the basis of the Public Record.

 

11.
Collection of Personal Information

 

11.1
The Subscriber acknowledges and consents to the fact that the Issuer is collecting the Subscriber’s personal information
for the purpose of fulfilling this Agreement and completing the Offering. The Subscriber acknowledges that its personal information
(and, if applicable, the personal information of those on whose behalf the Subscriber is contracting hereunder) may be included
in record books in connection with the Offering and may be disclosed by the Issuer to: (a) stock exchanges or securities regulatory
authorities, (b) the Issuer’s registrar and transfer agent, (c) Canadian or international tax authorities, (d) authorities
pursuant to the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (Canada) or similar legislation of other
countries, and (e) any of the other parties involved in the Offering, including the Escrow Agent. By executing this Agreement,
the Subscriber is deemed to be consenting to the foregoing collection, use and disclosure of the Subscriber’s personal information
(and, if applicable, the personal information of those on whose behalf the Subscriber is contracting hereunder) for the foregoing
purposes, and such other purposes as may be determined by the Issuer in order to comply with applicable laws, and to the retention
of such personal information for as long as permitted or required by applicable laws. Notwithstanding that the Subscriber may
be purchasing the Securities as agent on behalf of an undisclosed principal, the Subscriber agrees to provide, on request, particulars
as to the nature and identity of such undisclosed principal, and any interest that such undisclosed principal has in the Issuer,
all as may be required by the Issuer in order to comply with the foregoing.

 

11.2
The Subscriber is hereby notified that:

 

	 	(a)	the
    Issuer may deliver to any securities commission or other governmental authority having jurisdiction over the Issuer, the Subscriber
    or this Subscription, including any Canadian securities commissions, the SEC and/or any state securities commissions (collectively,
    the “Commissions”), certain personal information pertaining to the Subscriber, including the Subscriber’s
    full name, residential address and telephone number, the number of Shares or other securities of the Issuer owned by the Subscriber,
    the number of Subscription Receipts purchased by the Subscriber, the total Subscription Amount, the prospectus exemption relied
    on by the Issuer and the date of distribution of the Subscription Receipts;
	 	 	 
	 	(b)	such
    information is being collected indirectly by the Commissions under the authority granted to them by applicable securities
    laws; and
	 	 	 
	 	(c)	such
    information is being collected for the purposes of the administration and enforcement of applicable securities laws.

 

    	 

    	- 14 -

    

 

12.
Costs

 

12.1
The Subscriber acknowledges and agrees that all costs and expenses incurred by the Subscriber (including any fees and disbursements
of any legal counsel or other advisor retained by the Subscriber) relating to the purchase of the Subscription Receipts will be
borne by the Subscriber.

 

13.
Governing Law

 

13.1
This Agreement, and all matters related hereto or arising herefrom, are and will be, governed by the laws of the State of Nevada
and the federal laws of the United States applicable therein.

 

14.
Survival

 

14.1
This Agreement, including, without limitation, the representations, warranties and covenants contained herein, will survive and
continue in full force and effect and be binding upon the Issuer and the Subscriber, notwithstanding the completion of the acquisition
of the Securities by the Subscriber.

 

15.
Assignment

 

15.1
This Agreement is not transferable or assignable.

 

16.
Severability

 

16.1
The invalidity or unenforceability of any particular provision of this Agreement will not affect or limit the validity or enforceability
of the remaining provisions of this Agreement.

 

17.
Entire Agreement

 

17.1
Except as expressly provided in this Agreement and in the exhibits, agreements, instruments and other documents attached hereto
or contemplated or provided for herein, this Agreement contains the entire agreement between the parties with respect to the sale
of the Subscription Receipts and there are no other terms, conditions, representations or warranties, whether expressed, implied,
oral or written, by statute or common law, by or of the Issuer, the Subscriber or anyone else.

 

18.
Notices

 

18.1
All notices and other communications hereunder will be in writing and will be deemed to have been duly given if mailed or transmitted
by any standard form of telecommunication, including email or other means of electronic communication capable of producing a printed
copy. Notices to the Subscriber will be directed to it at the address or email address of the Subscriber set forth on page 2 of
this Agreement and notices to the Issuer will be directed to it at the address of the Issuer set forth on page 3 of this Agreement.

 

19.
Beneficial Subscribers

 

19.1
Whether or not explicitly stated in this Agreement, any acknowledgement, representation, warranty, covenant or agreement made
by the Subscriber in this Agreement, including the exhibits hereto, will be treated as if made by the Disclosed Principal, if
any.

 

    	 

    	- 15 -

    

 

20.
Execution of Subscription Agreement 

 

20.1
The Issuer and the Escrow Agent will be entitled to rely on delivery by facsimile machine or other means of electronic communication
capable of producing a printed copy of an executed copy of this Agreement, and acceptance by the Issuer of such facsimile or electronic
copy will be equally effective to create a valid and binding agreement between the Subscriber and the Issuer in accordance with
the terms hereof. If less than a complete copy of this Agreement is delivered to the Issuer or the Escrow Agent prior to or at
Closing, the Issuer and the Issuer’s Counsel are entitled to assume that the Subscriber accepts and agrees to all of the
terms and conditions of the pages not delivered prior to or at Closing unaltered.

 

21.
Counterparts and Electronic Means

 

21.1
This Agreement may be executed in any number of counterparts, each of which, when so executed and delivered, will constitute an
original and all of which together will constitute one instrument. Delivery of an executed copy of this Agreement by email or
other means of electronic communication capable of producing a printed copy will be deemed to be execution and delivery of this
Agreement as of the Closing.

 

22.
Exhibits

 

22.1
The exhibits attached hereto form part of this Agreement.

 

    	 

    	- 16 -

    

 

EXHIBIT
A

 

ACKNOWLEDGMENT
AND DIRECTION

 

	TO:	Clark
    Wilson LLP
	 	 
	RE:	AppCoin
    Innovations Inc. (the “Issuer”)
	 	Private
    Placement of Subscription Receipts
	 	 

 

The
undersigned (the “Subscriber”) hereby confirms that, subject to the written confirmation of receipt of funds
by Clark Wilson LLP (the “Escrow Agent”), it has deposited $________________ (the “Escrowed
Funds”) in trust with the Escrow Agent for the purchase of the number of Subscription Receipts of the Issuer (the “Subscription
Receipts”) as set out on page 2 of the Subscription Agreement between the Subscriber and the Issuer to which this Exhibit
A is attached. Capitalized terms used but not otherwise defined herein have the meanings ascribed thereto in the Subscription
Agreement.

 

The
Subscriber acknowledges and agrees that the Escrow Agent acts as legal counsel only to the Issuer. For greater certainty, the
Escrow Agent in no way represents the interests of the Subscriber in any manner or for any purpose whatsoever. The Subscriber
confirms that it has had the opportunity to consult with its own legal counsel with respect to the purchase, and any potential
resale, of the Subscription Receipts and the Shares issuable on conversion of the Subscription Receipts or hereby waives such
opportunity.

 

In
the event that the Escrow Release Condition is satisfied prior to the Escrow Deadline, the Subscriber hereby expressly and irrevocably
authorizes and directs the Escrow Agent to immediately release and deliver the Escrowed Funds to the Issuer, without any further
notice to the Subscriber.

 

EXECUTED
by the Subscriber this __________ day of January, 2018.

 

	If
    the Subscriber is not an individual:	 	If
    the Subscriber is an individual:
	 	 	 
	 	 	 
	Signature
    of Authorized Signatory	 	Signature
    of Subscriber
	 	 	 
	 	 	 
	Name
    of Subscriber	 	Name
    of Subscriber
	 	 	 
	 	 	 
	Name
    and Title of Authorized Signatory	 	 

 

    	 

    	- 17 -

    

 

EXHIBIT
B

CANADIAN
INVESTOR QUESTIONNAIRE

 

Capitalized
terms used in this Canadian Investor Questionnaire (this “Questionnaire”) and not specifically defined have
the meaning ascribed to them in the Private Placement Subscription Agreement between the Subscriber (as defined herein) and AppCoin
Innovations Inc. (the “Issuer”) to which this Exhibit B is attached with respect to the purchase of subscription
receipts of the Issuer (the “Subscription Receipts”).

 

In
connection with the purchase by the Subscriber (being the undersigned, or if the undersigned is purchasing the Subscription Receipts
as agent on behalf of a disclosed beneficial Subscriber, such beneficial Subscriber, will be referred herein as the “Subscriber”)
of the Subscription Receipts, the Subscriber hereby represents, warrants and certifies to the Issuer that the Subscriber:

 

	 	(i)	is
    purchasing the Subscription Receipts as principal (or deemed principal under the terms of National Instrument 45-106 –
    Prospectus Exemptions adopted by the Canadian Securities Administrators (“NI 45-106”));
	 	 	 
	 	(ii)	(A)
    is resident in or is subject to the laws of one of the following (check one):

 

	 	[  ]
    Alberta	[  ]
    New Brunswick	[  ]
    Prince Edward Island
	 	 	 	 
	 	[  ]
    British Columbia	[  ]
    Nova Scotia	[  ]
    Quebec
	 	 	 	 
	 	[  ]
    Manitoba	[  ]
    Ontario	[  ]
    Saskatchewan
	 	 	 	 
	 	[  ]
    Newfoundland and Labrador	[  ]
    Yukon	 
	 	 	 	 
	 	[  ]
    Northwest Territories	 	 
	 	 	 	 
	 	[  ]
    United States: _________________________ (List State of Residence)

 

or

 

	 	(B)	[  ]
    is resident in a country other than Canada or the United States; and

	 	 	 	 
	 	(iii)	has
    not been provided with any offering memorandum in connection with the purchase of the Subscription Receipts.

 

In
connection with the purchase of the Subscription Receipts, the Subscriber hereby represents, warrants, covenants and certifies
that the Subscriber meets one or more of the following criteria:

 

	I.
    SUBSCRIBERS     PURCHASING UNDER THE “ACCREDITED INVESTOR” EXEMPTION
	 
	(a)	the
    Subscriber is not a trust company or trust company registered under the laws of Prince Edward Island that is not registered
    or authorized under the Trust and Loan Companies Act (Canada) or under comparable legislation in another jurisdiction
    of Canada,
	 	 
	(b)	_________
    the Subscriber is an “accredited investor” within the meaning of NI 45-106, by virtue of satisfying the indicated
    criterion below (YOU MUST INITIAL OR PLACE A CHECK-MARK ON THE APPROPRIATE LINE(S)) (see certain guidance with respect
    to accredited investors that starts on page 23 below)

 

    	 

    	- 18 -

    

 

	 	[  ]	(i)	except
    in Ontario, a person registered under the securities legislation of a jurisdiction of Canada as an adviser or dealer,
	 	 	 	 
	 	[  ]	(ii)	an
    individual registered under the securities legislation of a jurisdiction of Canada as a representative of a person referred
    to in paragraph (i),
	 	 	 	 
	 	[  ]	(iii)	an
    individual formerly registered under the securities legislation of a jurisdiction of Canada, other than an individual formerly
    registered solely as a representative of a limited market dealer under one or both of the Securities Act (Ontario)
    or the Securities Act (Newfoundland and Labrador),
	 	 	 	 
	 	[  ]	(iv)	an
    individual who, either alone or with a spouse, beneficially owns financial assets having an aggregate realizable value that,
    before taxes but net of any related liabilities, exceeds $1,000,000 (YOU MUST ALSO COMPLETE AND SIGN APPENDIX “A”
    TO THIS QUESTIONNAIRE THAT STARTS ON PAGE 28),
	 	 	 	 
	 	[  ]	(v)	an
    individual who beneficially owns financial assets having an aggregate realizable value that, before taxes but net of any related
    liabilities, exceeds $5,000,000,
	 	 	 	 
	 	[  ]	(vi)	an
    individual whose net income before taxes exceeded $200,000 in each of the 2 most recent calendar years or whose net income
    before taxes combined with that of a spouse exceeded $300,000 in each of the 2 most recent calendar years and who, in either
    case, reasonably expects to exceed that net income level in the current calendar year (YOU MUST ALSO COMPLETE AND SIGN
    APPENDIX “A” TO THIS QUESTIONNAIRE THAT STARTS ON PAGE 28),
	 	 	 	 
	 	[  ]	(vii)	an
    individual who, either alone or with a spouse, has net assets of at least $5,000,000 (YOU MUST ALSO COMPLETE AND SIGN APPENDIX
    “A” TO THIS QUESTIONNAIRE THAT STARTS ON PAGE 28),
	 	 	 	 
	 	[  ]	(viii)	a
    person, other than an individual or investment fund, that has net assets of at least $5,000,000 as shown on its most recently
    prepared financial statements and that has not been created or used solely to purchase or hold securities as an accredited
    investor as defined in this paragraph (viii),

 

	 	[  ]	(ix)	an
                                         investment fund that distributes or has distributed its securities only to

 

	 	(i)	a
    person that is or was an accredited investor at the time of the distribution,
	 	 	 
	 	(ii)	a
    person that acquires or acquired securities in the circumstances referred to in Sections 2.10 [Minimum amount investment]
    of NI 45-106, or 2.19 [Additional investment in investment funds] of NI 45-106, or
	 	 	 
	 	(iii)	a
    person described in paragraph (i) or (ii) that acquires or acquired securities under Section 2.18 [Investment fund reinvestment]
    of NI 45-106,

 

	 	[  ]	(x)	an
    investment fund that distributes or has distributed securities under a prospectus in a jurisdiction of Canada for which the
    regulator or, in Québec, the securities regulatory authority, has issued a receipt,
	 	 	 	 
	 	[  ]	(xi)	a
    trust company or trust corporation registered or authorized to carry on business under the Trust and Loan Companies Act
    (Canada) or under comparable legislation in a jurisdiction of Canada or a foreign jurisdiction, acting on behalf of a
    fully managed account managed by the trust company or trust corporation, as the case may be,

 

    	 

    	- 19 -

    

 

	 	[  ]	(xii)	a
    person acting on behalf of a fully managed account managed by that person, if that person is registered or authorized to carry
    on business as an adviser or the equivalent under the securities legislation of a jurisdiction of Canada or a foreign jurisdiction,
	 	 	 	 
	 	[  ]	(xiii)	a
    registered charity under the Income Tax Act (Canada) that, in regard to the trade, has obtained advice from an eligibility
    adviser or an adviser registered under the securities legislation of the jurisdiction of the registered charity to give advice
    on the securities being traded,
	 	 	 	 
	 	[  ]	(xiv)	an
    entity organized in a foreign jurisdiction that is analogous to the entity referred to in paragraph (i) in form and function,
    or
	 	 	 	 
	 	[  ]	(xv)	a
    person in respect of which all of the owners of interests, direct, indirect or beneficial, except the voting securities required
    by law to be owned by directors, are persons that are accredited investors, and
	 	 	 	 
	(c)	if
    the Subscriber is an “accredited investor” within the meaning of NI 45-106 by virtue of satisfying the indicated
    criterion as set out in paragraphs (iv), (vi) or (vii) above, the Subscriber has provided the Issuer with the signed risk
    acknowledgment form set out in Appendix “A” to this Questionnaire;

 

	II.	SUBSCRIBERS PURCHASING UNDER THE “FAMILY,
    FRIENDS AND BUSINESS ASSOCIATES” EXEMPTION
	 	 
	(a)	the
    Subscriber is (YOU MUST PLACE A CHECK-MARK ON THE APPROPRIATE LINE AND PROVIDE THE REQUESTED INFORMATION, AS APPLICABLE):

 

	 	[  ]	(i)	a
    director, executive officer or control person of the Issuer, or of an affiliate of the Issuer,
	 	 	 	 
	 	[  ]	(ii)	a
    spouse, parent, grandparent, brother, sister, child or grandchild of _________________________________ (print name of person),
    who is a director, executive officer or control person of the Issuer or of an affiliate of the Issuer,
	 	 	 	 
	 	[  ]	(iii)	a
    parent, grandparent, brother, sister, child or grandchild of the spouse of ___________________________________ (print name
    of person), who is a director, executive officer or control person of the Issuer or of an affiliate of the Issuer,
	 	 	 	 
	 	[  ]	(iv)	_________
                                         a close personal friend (see guidance on making this determination that starts
                                         on page 25 below) of ___________________________________ (print name of person),
                                         who is a director, executive officer, founder or control person of the Issuer, or of
                                         an affiliate of the Issuer, and has been for __________________________ years based on
                                         the following factors:

                                                                               

                                                                               

                                                                               

                                                                               

                                                                               

                                                                              

                                                                              ______________________________________________________________________(explain
                                         the nature of the close personal friendship),

	 	 	 	 
	 	[  ]	(v)	a
                                         close business associate (see guidance on making this determination that starts on
                                         page 25 below) of ___________________________________ (print name of person),
                                         who is a director, executive officer, founder or control person of the Issuer, or of
                                         an affiliate of the Issuer, and has been for __________________________ years based on
                                         the following factors

                                                          

                                                          

                                                          

                                                          

                                                          

                                                         _________________________________________________________________________(explain
                                         the nature of the close business association),

 

    	 

    	- 20 -

    

 

	 	[  ]	(vi)	a
                                         founder of the Issuer or a spouse, parent, grandparent, brother, sister, child, grandchild,
                                         close personal friend or close business associate (see guidance on making these determinations
                                         that starts on page 25 below) of ________________________________ (print name
                                         of person), who is a founder of the Issuer, and, if a close personal friend or close
                                         business associate of such person, has been for __________________________ years based
                                         on the following factors:

                                                                      

                                                                      

                                                                      

                                                                      

                                                                      

                                                                      

                                                                     ______________________________________________________________________(explain
                                         the nature of the close personal friendship or business association),

	 	 	 	 
	 	[  ]	(vii)	a
    parent, grandparent, brother, sister, child or grandchild of the spouse of ______________________________ (print name of
    person), who is a founder of the Issuer,
	 	 	 	 
	 	[  ]	(viii)	a
    company of which a majority of the voting securities are beneficially owned by, or a majority of the directors are, persons
    or companies described in subsections II(a)(i) to II(a)(vii) above, or
	 	 	 	 
	 	[  ]	(ix)	a
    trust or estate of which all of the beneficiaries or a majority of the trustees or executors are persons or companies described
    in subsections II(a)(i) to II(a)(viii) above; 

 

	(b)	if
    the Subscriber is resident in the Province of Ontario or is subject to the securities laws of the Province of Ontario, the
    Subscriber has provided the Issuer with a signed risk acknowledgement form in the form attached as Appendix “B”
    to this Questionnaire (YOU MUST ALSO COMPLETE AND SIGN APPENDIX “B” TO THIS QUESTIONNAIRE THAT STARTS ON PAGE
    30), or
	 	 
	(c)	if
    the Subscriber is resident in the Province of Saskatchewan or is subject to the securities laws of the Province of Saskatchewan,
    and the Subscriber is relying on the indicated criterion as set out in subsections II(a)(iv), II(a)(v) or II(a)(viii) or II(a)(ix)
    if the distribution is based in whole or in part on a close personal friendship or a close business association, the Subscriber
    has provided the Issuer with a signed risk acknowledgement form in the form attached as Appendix “C” to this Questionnaire
    (YOU MUST ALSO COMPLETE AND SIGN APPENDIX “C” TO THIS QUESTIONNAIRE THAT STARTS ON PAGE 33); or

 

    	 

    	- 21 -

    

 

	III.
    	SUBSCRIBERS
    PURCHASING UNDER THE MINIMUM AMOUNT INVESTMENT 
	 
	(a)	the
    Subscriber is not an individual as that term is defined in applicable Canadian securities laws,
	 	 
	(b)	the
    Subscriber is purchasing the Subscription Receipts as principal for its own account and not for the benefit of any other person,
	 	 
	(c)	the
    Subscription Receipts have an acquisition cost to the Subscriber of not less than $150,000, payable in cash at the Closing,
    and
	 	 
	(d)	the
    Subscriber was not created and is not being used solely to purchase or hold securities in reliance on the prospectus exemption
    provided under Section 2.10 of NI 45-106, it pre-existed the Offering and has a bona fide purpose other than investment in
    the Subscription Receipts.

 

For
the purposes of this Questionnaire and the appendices attached hereto:

 

	 	(a)	an
    issuer is “affiliated” with another issuer if

 

		(i)	one
                                         of them is the subsidiary of the other, or
	 	 	 

		(ii)	each
                                         of them is controlled by the same person;

 

	 	(b)	“control
    person” means

 

		(i)	a
                                         person who holds a sufficient number of the voting rights attached to all outstanding
                                         voting securities of an issuer to affect materially the control of the issuer, or
	 	 	 

		(ii)	each
                                         person in a combination of persons, acting in concert by virtue of an agreement, arrangement,
                                         commitment or understanding, which holds in total a sufficient number of the voting rights
                                         attached to all outstanding voting securities of an issuer to affect materially the control
                                         of the issuer,

 

and,
if a person or combination of persons holds more than 20% of the voting rights attached to all outstanding voting securities of
an issuer, the person or combination of persons is deemed, in the absence of evidence to the contrary, to hold a sufficient number
of the voting rights to affect materially the control of the issuer;

 

	 	(c)	“director”
    means

 

		(i)	a
                                         member of the board of directors of a company or an individual who performs similar functions
                                         for a company, and
	 	 	 

		(ii)	with
                                         respect to a person that is not a company, an individual who performs functions similar
                                         to those of a director of a company;

 

	 	(d)	“eligibility
    adviser” means

 

		(i)	a
                                         person that is registered as an investment dealer and authorized to give advice with
                                         respect to the type of security being distributed; and
	 	 	 

		(ii)	in
                                         Saskatchewan or Manitoba, also means a lawyer who is a practicing member in good standing
                                         with a law society of a jurisdiction of Canada or a public accountant who is a member
                                         in good standing of an institute or association of chartered accountants, certified general
                                         accountants or certified management accountants in a jurisdiction of Canada provided
                                         that the lawyer or public accountant must not:

 

    	 

    	- 22 -

    

 

	 	(A)	have
    a professional, business or personal relationship with the issuer, or any of its directors, executive officers, founders or
    control persons, and 
	 	 	 
	 	(B)	have
    acted for or been retained personally or otherwise as an employee, executive officer, director, associate or partner of a
    person that has acted for or been retained by the issuer or any of its directors, executive officers, founders or control
    persons within the previous 12 months;

 

	 	(e)	“executive
    officer” means, for an issuer, an individual who is 

 

	 	(i)	a
    chair, vice-chair or president, 
	 	 	 
	 	(ii)	a
    vice-president in charge of a principal business unit, division or function including sales, finance or production, or 
	 	 	 
	 	(iii)	performing
    a policy-making function in respect of the issuer; 

 

	 	(f)	“financial
    assets” means

 

	 	(i)	cash,
	 	 	 
	 	(ii)	securities,
    or
	 	 	 
	 	(iii)	a
    contract of insurance, a deposit or an evidence of a deposit that is not a security for the purposes of securities legislation;

 

	 	(g)	“foreign
    jurisdiction” means a country other than Canada or a political subdivision of a country other than Canada;
	 	 	 
	 	(h)	“founder”
    means, in respect of an issuer, a person who, 

 

	 	(i)	acting
    alone, in conjunction, or in concert with one or more persons, directly or indirectly, takes the initiative in founding, organizing
    or substantially reorganizing the business of the issuer, and 
	 	 	 
	 	(ii)	at
    the time of the distribution or trade is actively involved in the business of the issuer;

 

	 	(i)	“fully
    managed account” means an account of a client for which a person makes the investment decisions if that person has
    full discretion to trade in securities for the account without requiring the client’s express consent to a transaction;
	 	 	 
	 	(j)	“individual”
    means a natural person, but does not include

 

	 	(i)	a
    partnership, unincorporated association, unincorporated syndicate, unincorporated organization or trust, or
	 	 	 
	 	(ii)	a
    natural person in the person's capacity as a trustee, executor, administrator or personal or other legal representative;

 

	 	(k)	“investment
    fund” means a mutual fund or a non-redeemable investment fund, and, for great certainty in British Columbia, includes
    an employee venture capital corporation and a venture capital corporation as such terms are defined in National Instrument
    81-106 Investment Fund Continuous Disclosure;
	 	 	 
	 	(l)	“jurisdiction”
    or “jurisdiction of Canada” means a province or territory of Canada except when used in the term foreign jurisdiction;
	 	 	 
	 	(m)	“non-redeemable
    investment fund” means an issuer:

 

	 	(i)	whose
    primary purpose is to invest money provided by its securityholders;
	 	 	 
	 	(ii)	that
    does not invest

 

	 	(A)	for
    the purpose of exercising or seeking to exercise control of an issuer, other than an issuer that is a mutual fund or a non-redeemable
    investment fund, or

 

    	 

    	- 23 -

    

 

	 	(B)	for
    the purpose of being actively involved in the management of any issuer in which it invests, other than an issuer that is a
    mutual fund or a non-redeemable investment fund, and

 

	 	(iii)	that
    is not a mutual fund;

 

	 	(n)	“person”
    includes

 

	 	(i)	an
    individual;
	 	 	 
	 	(ii)	a
    corporation;
	 	 	 
	 	(iii)	a
    partnership, trust, fund and an association, syndicate, organization or other organized group of persons, whether incorporated
    or not; and
	 	 	 
	 	(iv)	an
    individual or other person in that person’s capacity as a trustee, executor, administrator or personal or other legal
    representative;

 

	 	(o)	“related
    liabilities” means

 

	 	(i)	liabilities
    incurred or assumed for the purpose of financing the acquisition or ownership of financial assets, or
	 	 	 
	 	(ii)	liabilities
    that are secured by financial assets; and

 

	 	(p)	“spouse”
    means, an individual who,

 

	 	(i)	is
    married to another individual and is not living separate and apart within the meaning of the Divorce Act (Canada),
    from the other individual,
	 	 	 
	 	(ii)	is
    living with another individual in a marriage-like relationship, including a marriage-like relationship between individuals
    of the same gender, or
	 	 	 
	 	(iii)	in
    Alberta, is an individual referred to in paragraph (i) or (ii), or is an adult interdependent partner within the meaning of
    the Adult Interdependent Relationships Act (Alberta).

 

Guidance
On Accredited Investor Exemptions for Individuals

 

An
individual accredited investor is an individual:

 

	 	(a)	who,
    either alone or with a spouse, beneficially owns financial assets (please see the guidance below regarding what financial
    assets are) having an aggregate realizable value that. before taxes but net of any related liabilities (please see the guidance
    below regarding what related liabilities are), exceeds $1,000,000;
	 	 	 
	 	(b)	whose
    net income before taxes exceeded $200,000 in each of the 2 most recent calendar years or whose net income before taxes combined
    with that of a spouse exceeded $300,000 in each of the 2 most recent calendar years and who, in either case, reasonably expects
    to exceed that net income level in the current calendar year;
	 	 	 
	 	(c)	who,
    either alone or with a spouse, has net assets (please see the guidance below regarding calculating net assets) of at least
    $5,000,000; and
	 	 	 
	 	(d)	who
    beneficially owns financial assets (please see the guidance below regarding what financial assets are) having an aggregate
    realizable value that, before taxes but net of any related liabilities (please see the guidance below regarding what related
    liabilities are), exceeds $5,000,000.

 

    	 

    	- 24 -

    

 

The
monetary thresholds above are intended to create bright-line standards. Subscribers who do not satisfy these monetary thresholds
do not qualify as accredited investors.

 

Spouses

 

Sections
(a), (b) and (c) above are designed to treat spouses as a single investing unit, so that either spouse qualifies as an accredited
investor if the combined financial assets of both spouses exceed $1,000,000, the combined net income of both spouses exceeds $300,000,
or the combined net assets of both spouses exceed $5,000,000. Section (d) above does not treat spouses as a single investing unit.

 

If
the combined net income of both spouses does not exceed $300,000, but the net income of one of the spouses exceeds $200,000, only
the spouse whose net income exceeds $200,000 qualifies as an accredited investor.

 

Financial
Assets and Related Liabilities

 

For
the purposes of Sections (a) and (d) above, “financial assets” means: (1) cash, (2) securities, or (3) a contract
of insurance, a deposit or an evidence of a deposit that is not a security for the purposes of securities legislation. These financial
assets are generally liquid or relatively easy to liquidate. The value of a subscriber’s personal residence is not included
in a calculation of financial assets.

 

The
calculation of financial assets must exclude “related liabilities”, meaning: (1) liabilities incurred or assumed
for the purpose of financing the acquisition or ownership of financial assets, or (2) liabilities that are secured by financial
assets.

 

As
a general matter, it should not be difficult to determine whether financial assets are beneficially owned by an individual, an
individual’s spouse, or both, in any particular instance. However, in the case where financial assets are held in a trust
or in another type of investment vehicle for the benefit of an individual, there may be questions as to whether the individual
beneficially owns the financial assets. The following factors are indicative of beneficial ownership of financial assets:

 

	 	●	physical
    or constructive possession of evidence of ownership of the financial asset;
	 	 	 
	 	●	entitlement
    to receipt of any income generated by the financial asset;
	 	 	 
	 	●	risk
    of loss of the value of the financial asset; and
	 	 	 
	 	●	the
    ability to dispose of the financial asset or otherwise deal with it as the individual sees fit.

 

For
example, securities held in a self-directed RRSP for the sole benefit of an individual are beneficially owned by that individual.

 

In
general, financial assets in a spousal RRSP can be included for the purposes of the $1,000,000 financial asset test in Section
(a) above because Section (a) takes into account financial assets owned beneficially by a spouse. However, financial assets in
a spousal RRSP cannot be included for purposes of the $5,000,000 financial asset test in Section (d) above.

 

Financial
assets held in a group RRSP under which the individual does not have the ability to acquire the financial assets and deal with
them directly do not meet the beneficial ownership requirements in either Sections (a) or (d) above.

 

Net
Assets 

 

For
the purposes of Section (c) above, “net assets” means all of a subscriber’s total assets minus all of
the subscriber’s total liabilities. Accordingly, for the purposes of the net asset test, the calculation of total assets
includes the value of a subscriber’s personal residence, and the calculation of total liabilities includes the amount of
any liability (such as a mortgage) in respect of the subscriber’s personal residence.

 

    	 

    	- 25 -

    

 

To
calculate a subscriber’s net assets under the net asset test, subtract the subscriber’s total liabilities from the
subscriber’s total assets. The value attributed to assets should reasonably reflect their estimated fair value. Income tax
is considered a liability if the obligation to pay it is outstanding at the time of the distribution of the security to the subscriber
by the Company.

 

Guidance
On Accredited Investor Exemptions for Corporations, Trusts and Other Entities

 

Accredited
investors that are corporations, trusts or other entities include:

 

	 	(a)	a
    corporation, trust or other entity, other than an investment fund, that has net assets (please see the guidance below regarding
    calculating net assets) of at least $5,000,000 as shown on its most recently prepared financial statements in accordance with
    applicable generally accepted accounting principles and that has not been created or used solely to purchase or hold securities
    as an accredited investor;
	 	 	 
	 	(b)	a
    corporation, trust or other entity in respect of which all of the owners of interests, direct, indirect or beneficial, except
    the voting securities required by law to be owned by directors, are persons that are accredited investors; and
	 	 	 
	 	(c)	a
    trust established by an accredited investor for the benefit of the accredited investor’s family members of which a majority
    of the trustees are accredited investors and all of the beneficiaries are the accredited investor’s spouse, a former
    spouse of the accredited investor or a parent, grandparent, brother, sister, child or grandchild of that accredited investor,
    of that accredited investor’s spouse or of that accredited investor’s former spouse.

 

Net
Assets 

 

For
the purposes of Section (a) above, “net assets” means all of the subscriber’s total assets minus all
of the subscriber’s total liabilities. The minimum net asset threshold of $5,000,000 specified in Section (a) above must
be shown on the entity’s most recently prepared financial statements. The financial statements must be prepared in accordance
with applicable generally accepted accounting principles.

 

Guidance
on Close Personal Friend and Close Business Associate Determination

 

A
“close personal friend” of a director, executive officer, founder or control person of an issuer is an individual
who knows the director, executive officer, founder or control person well enough and has known them for a sufficient period of
time to be in a position to assess their capabilities and trustworthiness and to obtain information from them with respect to
the investment.

 

The
following factors are relevant to this determination:

 

	 	(a)
    	the
    length of time the individual has known the director, executive officer, founder or control person,
	 	 	 
	 	(b)
    	the
    nature of the relationship between the individual and the director, executive officer, founder or control person including
    such matters as the frequency of contacts between them and the level of trust and reliance in the other circumstances, and
	 	 	 
	 	(c)
    	the
    number of “close personal friends” of the director, executive officer, founder or control person to whom securities
    have been distributed in reliance on the private issuer exemption or the family, friends and business associates exemption.

 

    	 

    	- 26 -

    

 

An
individual is not a close personal friend solely because the individual is:

 

	 	(a)
    	a
    relative,
	 	 	 
	 	(b)
    	a
    member of the same club, organization, association or religious group,
	 	 	 
	 	(c)
    	a
    co-worker, colleague or associate at the same workplace,
	 	 	 
	 	(d)
    	a
    client, customer, former client or former customer,
	 	 	 
	 	(e)
    	a
    mere acquaintance, or
	 	 	 
	 	(f)
    	connected
    through some form of social media, such as Facebook, Twitter or LinkedIn.

 

The
relationship between the individual and the director, executive officer, founder or control person must be direct. For example,
the exemption is not available to a close personal friend of a close personal friend of a director of the issuer. Further, a relationship
that is primarily founded on participation in an internet forum is not considered to be that of a close personal friend.

 

A
“close business associate” is an individual who has had sufficient prior business dealings with a director,
executive officer, founder or control person of the issuer to be in a position to assess their capabilities and trustworthiness
and to obtain information from them with respect to the investment.

 

The
following factors are relevant to this determination:

 

	 	(a)
    	the
    length of time the individual has known the director, executive officer, founder or control person,
	 	 	 
	 	(b)
    	the
    nature of any specific business relationships between the individual and the director, executive officer, founder or control
    person, including, for each relationship, when it began, the frequency of contact between them and when it terminated if it
    is not ongoing, and the level of trust and reliance in the other circumstances,
	 	 	 
	 	(c)
    	the
    nature and number of any business dealings between the individual and the director, executive officer, founder or control
    person, the length of the period during which they occurred, and the nature and date of the most recent business dealing,
    and
	 	 	 
	 	(d)
    	the
    number of “close business associates” of the director, executive officer, founder or control person to whom securities
    have been distributed in reliance on the private issuer exemption or the family, friends and business associates exemption.

 

An
individual is not a close business associate solely because the individual is:

 

	 	(a)
    	a
    member of the same club, organization, association or religious group,
	 	 	 
	 	(b)
    	a
    co-worker, colleague or associate at the same workplace,
	 	 	 
	 	(c)
    	a
    client, customer, former client or former customer,
	 	 	 
	 	(d)
    	a
    mere acquaintance, or
	 	 	 
	 	(e)
    	connected
    through some form of social media, such as Facebook, Twitter or LinkedIn.

 

The
relationship between the individual and the director, executive officer, founder or control person must be direct. For example,
the exemptions are not available for a close business associate of a close business associate of a director of the issuer. Further,
a relationship that is primarily founded on participation in an internet forum is not considered to be that of a close business
associate.

 

    	 

    	- 27 -

    

 

The
Subscriber agrees that the above representations and warranties will be true and correct both as of the execution of this Questionnaire
and as of the Closing and acknowledges that they will survive the completion of the issue of the Subscription Receipts.

 

The
Subscriber acknowledges that the foregoing representations and warranties are made by the Subscriber with the intent that they
be relied upon in determining the suitability of the Subscriber to acquire the Subscription Receipts and that this Questionnaire
is incorporated into and forms part of the Agreement and the undersigned undertakes to immediately notify the Issuer of any change
in any statement or other information relating to the Subscriber set forth herein which takes place prior to the closing time
of the purchase and sale of the Subscription Receipts.

 

The
Subscriber undertakes to immediately notify the Issuer of any change in any statement or other information relating to the Subscriber
set forth in the Agreement or in this Questionnaire which takes place prior to the Closing.

 

By
completing this Questionnaire, the Subscriber authorizes the indirect collection of this information by each applicable regulatory
authority or regulator and acknowledges that such information is made available to the public under applicable laws. 

 

DATED
as of _________ day of January, 2018.

 

	 	 
	 	Print
    Name of Subscriber (or person signing as agent of the Subscriber)
	 	 	 
	 	By:	 
	 		Signature
	 	 	 
	 	 	 
	 	 	Print
    Name and Title of Authorized 
	 	 	Signatory
    (if Subscriber is not an individual)

 

    	 

    	- 28 -

    

 

APPENDIX
“A”

TO CANADIAN INVESTOR QUESTIONNAIRE

 

Form
45-106F9

	WARNING!

        This
        investment is risky. Don’t invest unless you can afford to lose all the money you pay for this investment.

 

 

    	 

    	- 29 -

    

 

 

Form
instructions:

 

	1.	This
    form does not mandate the use of a specific font size or style but the font must be legible
	 	 
	2.	The
    information in sections 1, 5 and 6 must be completed before the purchaser completes and signs the form.
	 	 
	3.	The
    purchaser must sign this form. Each of the purchaser and the issuer or selling security holder must receive a copy of this
    form signed by the purchaser. The issuer or selling security holder is required to keep a copy of this form for 8 years after
    the distribution.

 

    	 

    	- 30 -

    

 

APPENDIX
“B” TO CANADIAN INVESTOR QUESTIONNAIRE

Form 45-106F12

RISK
ACKNOWLEDGEMENT FORM FOR FAMILY, FRIEND AND

BUSINESS ASSOCIATE INVESTORS

 

	WARNING!

        This
        investment is risky. Don’t invest unless you can afford to lose all the money you pay for this investment.

 

 

    	 

    	- 31 -

    

 

 

    	 

    	- 32 -

    

 

 

Form
instructions:

 

	1.	This
    form does not mandate the use of a specific font size or style but the font must be legible.
	 	 
	2.	The
    information in sections 1, 5 and 6 must be completed before the purchaser completes and signs the form .
	 	 
	3.	The
    purchaser, an executive officer who is not the purchaser and, if applicable, the person who claims the close personal relationship
    to the purchaser must sign this form. Each of the purchaser, contact person at the issuer and the issuer must receive a copy
    of this form signed by the purchaser. The issuer is required to keep a copy of this form for 8 years after the distribution.
	 	 
	4.	The
    detailed relationships required to purchase securities under this exemption are set out in section 2.5 of National Instrument
    45-106 Prospectus and Registration Exemptions. For guidance on the meaning of “close personal friend” and “close
    business associate”, please refer to sections 2.7 and 2.8, respectively, of Companion Policy 45-106CP Prospectus and
    Registration Exemptions.

 

    	 

    	- 33 -

    

 

APPENDIX
“C” TO CANADIAN INVESTOR QUESTIONNAIRE

Form
45-106F5

RISK
ACKNOWLEDGEMENT

SASKATCHEWAN CLOSE PERSONAL FRIENDS AND CLOSE BUSINESS ASSOCIATES

 

 

You
are buying Exempt Market Securities. They are called exempt market securities because two parts of securities law do
not apply to them. If an issuer wants to sell exempt market securities to you:

 

	 	●	the
    issuer does not have to give you a prospectus (a document that describes the investment in detail and gives you some legal
    protections), and
	 	●	the
    securities do not have to be sold by an investment dealer registered with a securities regulatory authority or regulator.

 

There
are restrictions on your ability to resell exempt market securities. Exempt market securities are more risky than other
securities.

 

You
may not receive any written information about the issuer or its business. If you have any questions about the issuer or its
business, ask for written clarification before you purchase the securities. You should consult your own professional advisers
before investing in the securities.

 

The
securities you are buying are not listed. The securities you are buying are not listed on any stock exchange, and they may
never be listed. There may be no market for these securities. You may never be able to sell these securities.

 

For
more information on the exempt market, refer to the Saskatchewan Financial Services Commission’s website at http://www.sfsc.gov.sk.ca.

 

[Instruction:
The purchaser must sign 2 copies of this form. The purchaser and the issuer must each receive a signed copy.]

 

    	 

    	- 34 -

    

 

EXHIBIT
C

 

UNITED
STATES ACCREDITED INVESTOR QUESTIONNAIRE

 

Capitalized
terms used in this United States Accredited Investor Questionnaire (this “Questionnaire”) and not specifically
defined have the meaning ascribed to them in the Private Placement Subscription Agreement between the undersigned (the “Subscriber”)
and AppCoin Innovations Inc. (the “Issuer”) to which this Questionnaire is attached.

 

This
Questionnaire applies only to persons that are U.S. Purchasers. A “U.S. Purchaser” is: (a) any U.S. Person,
(b) any person purchasing the Subscription Receipts on behalf of any U.S. Person, (c) any person that receives or received an
offer of the Subscription Receipts while in the United States, or (d) any person that is in the United States at the time the
Subscriber’s buy order was made or this Agreement was executed or delivered.

 

The
Subscriber understands and agrees that none of the Securities have been or will be registered under the 1933 Act, or applicable
state, provincial or foreign securities laws, and the Securities are being offered and sold to the Subscriber in reliance upon
the exemption provided in Section 4(2) of the 1933 Act and Rule 506 of Regulation D under the 1933 Act for non-public offerings.
The Securities are being offered and sold within the United States only to “accredited investors” as defined in Rule
501(a) of Regulation D. The Securities offered hereby are not transferable except in accordance with the restrictions described
herein.

 

The
Subscriber represents, warrants, covenants and certifies (which representations, warranties, covenants and certifications will
survive the Closing) to the Issuer (and acknowledges that the Issuer is relying thereon) that:

 

	1.	it
    is not resident in Canada;
	 	 
	2.	it
    has such knowledge and experience in financial and business matters as to be capable of evaluating the merits and risks of
    an investment in the Securities and it is able to bear the economic risk of loss of its entire investment;
	 	 
	3.	the
    Issuer has provided to it the opportunity to ask questions and receive answers concerning the terms and conditions of the
    Offering and it has had access to such information concerning the Issuer as it has considered necessary or appropriate in
    connection with its investment decision to acquire the Securities;
	 	 
	4.	it
    is acquiring the Securities for its own account, for investment purposes only and not with a view to any resale, distribution
    or other disposition of the Securities in violation of the United States securities laws;
	 	 
	5.	it
    (i) has adequate net worth and means of providing for its current financial needs and possible personal contingencies, (ii)
    has no need for liquidity in this investment, and (iii) is able to bear the economic risks of an investment in the Securities
    for an indefinite period of time;
	 	 
	6.	if
    the Subscriber is an individual (that is, a natural person and not a corporation, partnership, trust or other entity), then
    it satisfies one or more of the categories indicated below (please place an “X” on the appropriate lines):

 

    	 

    	- 35 -

    

 

	 	___________	a
    natural person whose individual net worth, or joint net worth with that person’s spouse, exceeds US$1,000,000. For purposes
    of this category, “net worth” means the excess of total assets at fair market value (including personal and real
    property, but excluding the estimated fair market value of a person’s primary home) over total liabilities. Total liabilities
    excludes any mortgage on the primary home in an amount of up to the home’s estimated fair market value as long as the
    mortgage was incurred more than 60 days before the Subscription Receipts are purchased, but includes (i) any mortgage amount
    in excess of the home’s fair market value and (ii) any mortgage amount that was borrowed during the 60 day period before
    the Closing Date for the purpose of investing in the Subscription Receipts,
	 	 	 
	 	___________	a
    natural person who had an individual income in excess of US$200,000 in each of the two most recent years, or joint income
    with their spouse in excess of US$300,000 in each of those years and has a reasonable expectation of reaching the same income
    level in the current year, or
	 	 	 
	 	___________	a
    director or executive officer of the Issuer;

 

	7.	if
    the Subscriber is a corporation, partnership, trust or other entity), then it satisfies one or more of the categories indicated
    below (please place an “X” on the appropriate lines):

 

	 	___________	an
    organization described in Section 501(c)(3) of the United States Internal Revenue Code, a corporation, a Massachusetts or
    similar business trust or partnership, not formed for the specific purpose of acquiring the Subscription Receipts, with total
    assets in excess of US$5,000,000,
	 	 	 
	 	___________	a
    “bank” as defined under Section (3)(a)(2) of the 1933 Act or savings and loan association or other institution
    as defined in Section 3(a)(5)(A) of the 1933 Act acting in its individual or fiduciary capacity; a broker dealer registered
    pursuant to Section 15 of the Securities Exchange Act of 1934 (United States); an insurance company as defined in Section
    2(13) of the 1933 Act; an investment company registered under the Investment Company Act of 1940 (United States) or
    a business development company as defined in Section 2(a)(48) of such Act; a Small Business Investment Company licensed by
    the U.S. Small Business Administration under Section 301(c) or (d) of the Small Business Investment Act of 1958 (United
    States); a plan with total assets in excess of US$5,000,000 established and maintained by a state, a political subdivision
    thereof, or an agency or instrumentality of a state or a political subdivision thereof, for the benefit of its employees;
    an employee benefit plan within the meaning of the Employee Retirement Income Security Act of 1974 (United States)
    whose investment decisions are made by a plan fiduciary, as defined in Section 3(21) of such Act, which is either a bank,
    savings and loan association, insurance company or registered investment adviser, or if the employee benefit plan has total
    assets in excess of US$5,000,000, or, if a self-directed plan, whose investment decisions are made solely by persons that
    are accredited investors,
	 	 	 
	 	___________	a
    private business development company as defined in Section 202(a)(22) of the Investment Advisers Act of 1940 (United
    States),
	 	 	 
	 	___________	a
    trust with total assets in excess of US$5,000,000, not formed for the specific purpose of acquiring the Securities, whose
    purchase is directed by a sophisticated person as described in Rule 506(b)(2)(ii) under the 1933 Act, or
	 	 	 
	 	___________	an
    entity in which all of the equity owners satisfy the requirements of one or more of the categories set forth in Section 6
    of this Questionnaire;

 

    	 

    	- 36 -

    

 

	8.	it
    has not purchased the Securities as a result of any form of general solicitation or general advertising, including advertisements,
    articles, notices or other communications published in any newspaper, magazine or similar media or broadcast over radio, internet,
    television or other form of telecommunications, or any seminar or meeting whose attendees have been invited by general solicitation
    or general advertising;
	 	 
	9.	if
    the Subscriber decides to offer, sell or otherwise transfer any of the Securities, it will not offer, sell or otherwise transfer
    any of such Securities, directly or indirectly, unless:

 

	 	(a)	the
    sale is to the Issuer,
	 	 	 
	 	(b)	the
    sale is made outside the United States in a transaction meeting the requirements of Rule 904 of Regulation S under the 1933
    Act and in compliance with applicable local laws and regulations in which such sale is made;
	 	 	 
	 	(c)	the
    sale is made pursuant to the exemption from the registration requirements under the 1933 Act provided by Rule 144 thereunder
    and in accordance with any applicable state securities or “blue sky” laws, or
	 	 	 
	 	(d)	the
    Securities are sold in a transaction that does not require registration under the 1933 Act or any applicable state laws and
    regulations governing the offer and sale of securities, and
	 	 	 
	 	(e)	it
    has, prior to such sale pursuant to subsection (c) or (d), furnished to the Issuer an opinion of counsel of recognized standing
    reasonably satisfactory to the Issuer, to such effect;

 

	10.	it
    understands and acknowledges that, upon the issuance thereof, and until such time as the same is no longer required under
    the applicable requirements of the 1933 Act or applicable U.S. state laws and regulations, the certificates representing the
    Securities, and all securities issued in exchange therefor or in substitution thereof, will bear a legend (in addition to
    the legends required by Canadian securities laws and the Exchange) in substantially the following form:

 

“THE
SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE “U.S.
SECURITIES ACT”). THE HOLDER HEREOF, BY PURCHASING SUCH SECURITIES, AGREES FOR THE BENEFIT OF APPCOIN INNOVATIONS INC.
(THE “ISSUER”) THAT SUCH SECURITIES MAY BE OFFERED, SOLD OR OTHERWISE TRANSFERRED ONLY (A) TO THE ISSUER; (B)
OUTSIDE THE UNITED STATES IN ACCORDANCE WITH RULE 904 OF REGULATION S UNDER THE U.S. SECURITIES ACT OR (C) IN ACCORDANCE WITH
THE EXEMPTION FROM REGISTRATION UNDER THE U.S. SECURITIES ACT PROVIDED BY RULE 144 THEREUNDER, IF AVAILABLE, AND IN COMPLIANCE
WITH ANY APPLICABLE STATE SECURITIES LAWS; OR (D) IN A TRANSACTION THAT DOES NOT REQUIRE REGISTRATION UNDER THE U.S. SECURITIES
ACT OR ANY APPLICABLE STATE SECURITIES LAWS, AND, IN THE CASE OF PARAGRAPH (C) OR (D), THE SELLER FURNISHES TO THE ISSUER AN OPINION
OF COUNSEL OF RECOGNIZED STANDING IN FORM AND SUBSTANCE SATISFACTORY TO THE ISSUER TO SUCH EFFECT. DELIVERY OF THIS CERTIFICATE
MAY NOT CONSTITUTE GOOD DELIVERY IN SETTLEMENT OF TRANSACTIONS ON STOCK EXCHANGES IN CANADA.”

 

    	 

    	- 37 -

    

 

Delivery
of certificates bearing such a legend may not constitute “good delivery” in settlement of transactions on Canadian
stock exchanges or over-the-counter markets. If the Issuer is a “foreign issuer” with no “substantial U.S. market
interest” (all within the meaning of Regulation S under the 1933 Act) at the time of sale, a new certificate, which will
constitute “good delivery”, will be made available to the purchaser upon provision to the Issuer by the Subscriber
of a declaration together with such other evidence of the availability of an exemption as the Issuer or its transfer agent may
reasonably require.

 

	11.	it
    consents to the Issuer making a notation on its records or giving instructions to any transfer agent of the Issuer in order
    to implement the restrictions on transfer set forth and described in this Questionnaire and the Agreement; and
	 	 
	12.	it
    is resident in the United States of America, its territories and possessions or any state of the United States or the District
    of Columbia (collectively the “United States”), is a “U.S. Person” as such term is defined
    in Regulation S or was in the United States at the time the Securities were offered or the Agreement was executed.

 

[THE
REMAINDER OF THIS PAGE IS INTENTIONALLY LEFT BLANK]

 

    	 

    	- 38 -

    

 

The
Subscriber undertakes to notify the Issuer immediately of any change in any representation, warranty or other information relating
to the Subscriber set forth herein which takes place prior to the closing time of the purchase and sale of the Securities.

 

Dated
January __________, 2018.

 

	 	X
	 	Signature
    of individual (if Subscriber is an individual)
	 	 
	 	X
	 	Authorized
    signatory (if Subscriber is not an individual)
	 	 
	 	 
	 	Name
    of Subscriber (please print)
	 	 
	 	 
	 	Name
    of authorized signatory (please print)

 

    	 

    	- 39 -

    

 

EXHIBIT
D

 

RISK
ACKNOWLEDGEMENT FORM 

 

 

 

National
Instrument 45-106 Prospectus and Registration Exemptions may require you to sign an additional risk acknowledgement form.
If you want advice about the merits of this investment and whether these securities are a suitable investment for you, contact
a registered adviser or dealer.

 

    	 

    	- 40 -

    

 

EXHIBIT
E

 

US
DOLLAR WIRE INSTRUCTIONS

 

INSTRUCTIONS
FOR WIRING FUNDS TO CLARK WILSON LLP

 

DO
NOT DIRECT DEPOSIT

 

 

IMPORTANT
Instructions for Sending Party:

 

	 	●	Quote
    Clark Wilson LLP File No. 41955/0001-VZH

 

PLEASE
ENSURE THAT APPLICABLE WIRE FUNDS FOR YOUR BANK AND $25.00 FOR THE RECEIVING BANK’S WIRE CHARGES ARE ADDED TO YOUR WIRED
SUBSCRIPTION AMOUNT.

 

    	 

    	- 41 -

    

 

EXHIBIT
F

 

SUBSCRIPTION
RECEIPT CERTIFICATE

 

DO
NOT DESTROY THIS CERTIFICATE.

 

THE
SUBSCRIPTION RECEIPTS REPRESENTED BY THIS CERTIFICATE ARE NON-TRANSFERABLE.

 

UNLESS
PERMITTED UNDER SECURITIES LEGISLATION, THE HOLDER OF THIS SECURITY MUST NOT TRADE THE SECURITY BEFORE THE DATE THAT IS 4 MONTHS
AND A DAY AFTER THE LATER OF (i) [INSERT THE DISTRIBUTION DATE], AND (ii) THE DATE THE ISSUER BECAME A REPORTING ISSUER
IN ANY PROVINCE OR TERRITORY.

 

THE
SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE “1933
ACT”). THE HOLDER HEREOF, BY PURCHASING SUCH SECURITIES, AGREES FOR THE BENEFIT OF APPCOIN INNOVATIONS INC. (THE “ISSUER”)
THAT SUCH SECURITIES MAY BE OFFERED, SOLD OR OTHERWISE TRANSFERRED ONLY (A) TO THE ISSUER; (B) OUTSIDE THE UNITED STATES IN ACCORDANCE
WITH RULE 904 OF REGULATION S UNDER THE 1933 ACT OR (C) IN ACCORDANCE WITH THE EXEMPTION FROM REGISTRATION UNDER THE 1933 ACT
PROVIDED BY RULE 144 THEREUNDER, IF AVAILABLE, AND IN COMPLIANCE WITH ANY APPLICABLE STATE SECURITIES LAWS; OR (D) IN A TRANSACTION
THAT DOES NOT REQUIRE REGISTRATION UNDER THE 1933 ACT OR ANY APPLICABLE STATE SECURITIES LAWS, AND, IN THE CASE OF PARAGRAPH (C)
OR (D), THE SELLER FURNISHES TO THE ISSUER AN OPINION OF COUNSEL OF RECOGNIZED STANDING IN FORM AND SUBSTANCE SATISFACTORY TO
THE ISSUER TO SUCH EFFECT. 

 

APPCOIN
INNOVATIONS INC.

(the “Issuer”)

 

SUBSCRIPTION
RECEIPT CERTIFICATE

 

Certificate
No. ♦

Number of Subscription Receipts: ♦

 

	1.	Issuance
    of Subscription Receipts
	 	 
	1.1	This
    is to certify that, in consideration of the purchase price of $♦ (the “Escrowed Funds”),
    ♦ [NAME OF     HOLDER] (the “Holder”), of ♦[ADDRESS OF HOLDER], is the
    registered     holder of ♦ [number]     subscription receipts (each, a “Subscription
    Receipt”) of     the     Issuer.
	 	 
	1.2	Each
    Subscription Receipt will, subject to the terms and conditions set forth in this Subscription Receipt Certificate and
    subject     to the terms, covenants, conditions and provisions of the Escrow Agreement between the Issuer and the Escrow
    Agent dated ♦ ,     or in any certificate issued in replacement hereof (in any case, this
    “Certificate”), be convertible, without     payment of any additional consideration by the Holder, into
    one common share in the capital of the Issuer (each, a “Share”)     at a deemed price of USD$0.60 per
    Share. 
	 	 
	1.3	Any
    capitalized term used but not defined herein will have the meaning ascribed thereto in the Subscription Agreement between
    the Holder and the Issuer having an acceptance date by the Issuer of even date herewith (the “Subscription Agreement”).

 

    	 

    	- 42 -

    

 

	1.4	On
    the earlier of: (a) the delivery by the Issuer to the Escrow Agent of the Release Notice; (b) the Escrow Deadline; and (c)
    the delivery by the Issuer to the Escrow Agent of the Default Notice (in any case, the “Expiry Time”):

 

	 	(a)	if
    the Escrow Release Condition has been met, the Subscription Receipts will be deemed exercised on the earlier of: (A) the date
    of delivery by the Issuer of the Release Notice to the Escrow Agent, or (B) the date of the Escrow Deadline, and will automatically
    convert into Shares pursuant to the terms hereof. For more specificity, the Holder shall not be required to surrender the
    Subscription Receipts to the Escrow Agent in order to receive the Shares to which the Holder is entitled on the deemed exercise,
    or
	 	 	 
	 	(b)	if
    the Issuer delivers the Default Notice to the Escrow Agent, or if the Escrow Deadline occurs without satisfaction of the Escrow
    Release Condition, the Subscription Receipts will expire and, together with this Certificate, will be null and void and of
    no further force and effect on and after such time, and the Holder will be entitled to receive from the Escrow Agent a refund
    of the Escrowed Funds, without interest thereon and less any applicable expenses to return the Escrowed Funds, to be refunded
    in the same format and, if applicable, to the same account, as the Escrowed Funds were initially delivered by, or from, the
    Holder to the Escrow Agent, unless otherwise mutually agreed by the Holder and the Escrow Agent; and
	 	 	 
	 	(c)	the
    Subscription Receipts and this Certificate will be void and of no value or effect, provided that, if the Issuer has not then
    performed any of its obligations hereunder, no rights of the Holder against the Issuer will be diminished or affected.

 

	1.5	The
    number of Shares the Holder is entitled to acquire upon conversion of the Subscription Receipts is subject to adjustment as
    provided in Section 4 hereof.

 

	2.	Satisfaction
    of Escrow Release Condition 
	 	 
	2.1	If
    the Escrow Release Condition is satisfied on or prior to the Escrow Deadline:

 

	 	(a)	on
    the earlier of: (i) the date of delivery by the Issuer to the Escrow Agent of the Release Notice, or (ii) the Escrow Deadline
    (in either case, the “Issuance Date”), each Subscription Receipt will automatically convert into one Share
    on the basis of the Subscription Rate (as defined herein), subject to adjustment as provided for in Section 4, without the
    payment of any consideration or the undertaking of any further action by the Holder; 
	 	 	 
	 	(b)	the
    Shares will be deemed to have been issued, and the Holder will be deemed to have become the holder of record of such Shares
    as of the Issuance Date and, within five Business Days after the Issuance Date, the Issuer shall cause the Issuer’s
    Transfer Agent to issue the Shares by way of book entry on the register maintained by the Issuer’s Transfer Agent for
    the appropriate number of Shares issuable upon deemed exercise of the Subscription Receipts; and
	 	 	 
	 	(c)	the
    Subscription Receipts and this Certificate will be void and of no value or effect, provided that, if the Issuer has not then
    performed any of its obligations hereunder, no rights of the Holder against the Issuer will be diminished or affected.

 

	2.2	Notwithstanding
    anything contained in this Certificate, the Issuer will not be required to issue fractions of Shares to the Holder. To the
    extent that the Holder holds one or more Subscription Receipts that otherwise entitle it to receive, on the conversion thereof,
    a fraction of a Share, the Holder may exercise that right in respect of the fraction only in combination with other Subscription
    Receipts that, in the aggregate, entitle the Holder to acquire a whole number of Shares.

 

    	 

    	- 43 -

    

 

	2.3	If
    any of the Shares are to be issued to a person other than the Holder, the Holder will comply with such requirements as the
    Issuer may prescribe, and pay to the Issuer all applicable transfer or similar taxes or fees required to be paid in connection
    therewith, and the Issuer will not be required to register the Shares unless the Holder has paid the amount of such tax or
    fee, or has established, to the satisfaction of the Issuer, that such fee or tax has been paid or that no such fee or tax
    is required.
	 	 
	2.4	Other
    than as set out in the Subscription Agreement, none of the Subscription Receipts, nor the Shares issuable upon conversion
    of the Subscription Receipts, have been or will be registered under the 1933 Act or any applicable state securities laws.
    As a result, the Shares issuable upon conversion of the Subscription Receipts may not be issued within the United States or
    by or for the benefit of a U.S. Person, and may not be delivered within the United States unless: (a) such Shares have been
    registered under the 1933 Act and the securities laws of all applicable states (unless an exemption from such registration
    requirements is available); or (b) the Holder was the original purchaser of the Subscription Receipts and completed Exhibit
    C (United States Accredited Investor Questionnaire) to the Subscription Agreement and the representations and warranties made
    by the Holder therein remain true and correct at the time of conversion. 
	 	 
	3.	Failure
    to Satisfy Escrow Release Condition
	 	 
	3.1	If
    the Escrow Release Condition has not been satisfied by the Escrow Deadline, or if the Issuer delivers the Default Notice to
    the Escrow Agent, then:

 

	 	(a)	the
    Issuer will cause the Escrow Agent to return the Escrowed Funds (without interest thereon and less any applicable expenses
    to return the Escrowed Funds) to the Holder within five business days of the earlier of: (i) the delivery of the Default Notice,
    and (ii) the Escrow Deadline; and
	 	 	 
	 	(b)	the
    Subscription Receipts and this Certificate will be void and of no value or effect, provided that, if the Issuer has not then
    performed any of its obligations hereunder, no rights of the Holder against the Issuer will be diminished or affected.

 

	4.	Adjustment
    Provisions
	 	 
	4.1	For
    the purposes of this Certificate, “Subscription Rate” means the number of Shares issuable upon the conversion
    of each Subscription Receipt in accordance with the provisions hereof, subject to adjustment from time to time pursuant to
    this Section 4.
	 	 
	4.2	The
    Subscription Receipts will be subject to adjustment in the event of any reorganization (including a consolidation, subdivision,
    reduction or return) of the issued capital of the Issuer on or prior to the Expiry Time, on the following basis:

 

	 	(a)	in
    the event of a consolidation of the Shares of the Issuer, the number of Subscription Receipts will be consolidated in the
    same ratio as the Shares;
	 	 	 
	 	(b)	in
    the event of a subdivision or split of the Shares, the number of Subscription Receipts will be subdivided in the same ratio
    as the Shares;

 

    	 

    	- 44 -

    

 

	 	(c)	in
    the event of a return of capital with respect to the Shares, the number of Subscription Receipts will not change;
	 	 	 
	 	(d)	in
    the event of a reduction of capital effected by way of a cancellation of paid-up capital lost or not represented by available
    assets of the Issuer where no Shares are cancelled, the number of Subscription Receipts will not change;
	 	 	 
	 	(e)	in
    the event of a pro rata cancellation of capital attributable to the Shares, the number of Subscription Receipts will be reduced
    in the same ratio as the capital attributable to the Shares; and
	 	 	 
	 	(f)	in
    the event of any other reorganization of the Shares, the number of Subscription Receipts will be reorganized so that neither
    the Holder nor the holders of the Shares will benefit or be harmed relative to each other by such reorganization.

 

	4.3	There
    are no participating rights or entitlements inherent in the Subscription Receipts and the Holder will not be entitled to participate
    in new issues of capital offered or made to shareholders of the Issuer prior to the Expiry Time.
	 	 
	4.4	In
    the event of any new or bonus issue of Shares by the Issuer prior to the Expiry Time, there will be no change in the number
    of Shares into which the Subscription Receipts can be converted.
	 	 
	5.	Rights
    and Covenants of the Issuer
	 	 
	5.1	The
    Issuer covenants that:

 

	 	(a)	it
    will cause any Shares issuable on conversion of the Subscription Receipts to be duly issued and recorded in the register maintained
    by the Issuer’s Transfer Agent in accordance with the terms of this Certificate;
	 	 	 
	 	(b)	all
    Shares issued on conversion of the Subscription Receipts will be fully paid and non-assessable Shares of the Issuer; and
	 	 	 
	 	(c)	it
    will promptly provide written notice of any default under the terms of this Certificate to the Escrow Agent.

 

	6.	Limitation
    of Liability 
	 	 
	6.1	The
    obligations hereunder are not personally binding upon, nor will resort hereunder be had to, the private property of any of
    the past, present or future shareholders, directors, officers, employees or agents of the Issuer or any successor person.
	 	 
	7.	Subscription
    Receipts Not Transferable
	 	 
	7.1	The
    Subscription Receipts represented by this Certificate are not transferable.
	 	 
	8.	Replacement
	 	 
	8.1	Upon
    receipt of evidence satisfactory to the Issuer of the loss, theft, destruction or mutilation of this Certificate and, if requested
    by the Issuer, upon delivery of a bond of indemnity satisfactory to the Issuer (or, in the case of mutilation, upon surrender
    of this Certificate), the Issuer will issue to the Holder a replacement certificate containing the same terms and conditions
    as this Certificate.

 

    	 

    	- 45 -

    

 

	9.	Notice
	 	 
	9.1	All
    notices and other communications hereunder will be in writing and will be deemed to have been duly given if mailed or transmitted
    by any standard form of telecommunication, including email or other means of electronic communication capable of producing
    a printed copy. Notices to the Holder will be directed to the address or email address of the Holder as set forth on page
    2 of the Subscription Agreement and notices to the Issuer will be directed to it at the address of the Issuer set forth on
    page 3 of the Subscription Agreement.
	 	 
	10.	Shareholder
    Status
	 	 
	10.1	The
    holding of the Subscription Receipts evidenced by this Certificate will not constitute the Holder a shareholder of the Issuer
    or entitle the Holder to any right or interest as a shareholder of the Issuer except as expressly provided in this Certificate.
	 	 
	11.	Successors
	 	 
	11.1	This
    Certificate will enure to the benefit of and will be binding upon the Holder and the Issuer and their respective successors.
	 	 
	12.	Governing
    Law
	 	 
	12.1	This
    Certificate, and all matters related hereto or arising herefrom, are and will be governed by the laws of the State of Nevada
    and the federal laws of the United States applicable therein.

 

[THE
REMAINDER OF THIS PAGE IS INTENTIONALLY LEFT BLANK]

 

    	 

    	- 46 -

    

 

IN
WITNESS WHEREOF the Issuer has caused this Subscription Receipt Certificate to be signed as of the _____ day of _________________,
20___.

 

	 	APPCOIN
    INNOVATIONS INC.
	 	 	 
	 	Per:	 
	 	 	Authorized
    Signatory
	 	 	 
	 	CLARK
    WILSON LLP
	 	 	 
	 	Per:	 
	 	 	Authorized
    Signatory

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