Document:

EX-10.3

 Exhibit 10.3 

SECOND INCREMENTAL TERM FACILITY AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT dated as of July 18, 2016 (this “Incremental Term
A Loan Facility Amendment”), among Sabre GLBL Inc., a Delaware corporation (the “Borrower”), Sabre Holdings Corporation, a Delaware corporation (“Holdings”), each of the other Loan Parties, the lenders
party hereto as incremental term lenders (each an “Incremental Term A Lender”, and, collectively, the “Incremental Term A Lenders”) and Bank of America, N.A., as administrative agent (the “Administrative
Agent”). 
 WHEREAS, the Borrower, Holdings, the Lenders and the Administrative Agent are parties to that certain Amended and
Restated Credit Agreement dated as of February 19, 2013 (as amended, amended and restated, modified and/or supplemented through and including July 18, 2016 (but not including pursuant to this Incremental Term A Loan Facility Amendment), the
“Credit Agreement”), pursuant to which the Lenders have extended credit to the Borrower; 
 WHEREAS, in accordance with the
provisions of Section 2.14 of the Credit Agreement and pursuant to a request for Incremental Term Loans in the form of a term sheet posted on June 18, 2016 to a website for the benefit of the Lenders and the Incremental Term A Lenders, the Borrower
has notified the Administrative Agent and the Lenders that it is requesting Incremental Term Loans constituting Incremental Term A Loans in the aggregate principal amount of $600,000,000 (the “Incremental Request”) on the terms and
conditions set forth in this Incremental Term A Loan Facility Amendment; 
 WHEREAS, in accordance with the provisions of Section 2.14 of
the Credit Agreement and the terms and conditions set forth herein, the Borrower, Holdings, each of the other Loan Parties, the Incremental Term A Lenders and the Administrative Agent wish to effect this Incremental Term A Loan Facility Amendment
with respect to the Incremental Request; 
 NOW, THEREFORE, in consideration of the mutual agreements herein contained and other good and
valuable consideration, the sufficiency and receipt of which are hereby acknowledged, the parties hereto hereby agree as follows: 
 SECTION
1. Defined Terms. Capitalized terms used but not defined herein shall have the meanings assigned to such terms in the Credit Agreement. 

SECTION 2. Incremental Term Facility Amendment. (a) For the avoidance of doubt, (i) this Incremental Term A Loan Facility
Amendment constitutes an “Incremental Term Facility Amendment” pursuant to which a new Class of Incremental Term Loans is established pursuant to Section 2.14 of the Credit Agreement and (ii) from and after the Second Incremental Amendment
Effective Date (as hereinafter defined), each reference to “Term Borrowing”, “Term Loan”, “Incremental Term Loans” and “Incremental Term A Loans” (and related terms as appropriate) in the Credit Agreement
shall be deemed to also refer to, as applicable, the Incremental Term A Loans (or a Borrowing thereof, as appropriate) established by this Incremental Term A Loan Facility Amendment. 

(b) Subject to the terms and conditions set forth herein and the occurrence of the Second Incremental Amendment Effective Date, each
Incremental Term A Lender agrees to make to the Borrower on the Second Incremental Amendment Effective Date term loans denominated in Dollars in an amount equal to the amount set forth opposite its name under the column entitled “Incremental
Term A Commitments” on Annex I hereto (with respect to each Incremental Term A Lender, its “Incremental Term A Commitments”) (each such term loan, an “Incremental Term A Loan” and collectively, the
“Incremental Term A Loans”). Amounts borrowed under this Section 2(b) and repaid or prepaid may not be reborrowed. 

 (c) Each of the parties to this Incremental Term A Loan Facility Amendment hereby agrees that on
the Second Incremental Amendment Effective Date, (i) this Incremental Term A Loan Facility Amendment shall create a new “Class” of Incremental Term Loans that constitute Incremental Term A Loans for all purposes of the Credit Agreement and
the other Loan Documents, (ii) (A) each Incremental Term A Lender shall become a “Term Lender”, “Incremental Term A Loan Lender” and a “Lender” for all purposes of the Credit Agreement and the other Loan Documents, (B)
the Incremental Term A Commitments of the Incremental Term A Lenders shall become “Incremental Term Commitments” and “Term Commitments” for all purposes of the Credit Agreement and the other Loan Documents and (C) the Incremental
Term A Loans of the Incremental Term A Lenders shall become “Incremental Term Loans”, “Incremental Term A Loans” and “Term Loans” for all purposes of the Credit Agreement and the other Loan Documents and (iii) the
Borrower shall deliver to each Incremental Term A Lender, upon its request, a promissory note of the Borrower payable to such Incremental Term A Lender or its registered assigns, in substantially the form of a Term B Note, in the amount of such
Incremental Term A Lender’s Incremental Term A Loans. 
 (d) Each of the parties to this Incremental Term A Loan Facility Amendment
hereby agrees that (I) the Incremental Term A Loans established pursuant to this Incremental Term A Loan Facility Amendment (x) shall have the “Interest Rates”, “Maturity Date”, “Scheduled Amortization” and “Use of
Proceeds” as set forth on Annex II hereto and that all other terms and conditions applicable to such Incremental Term A Loans shall be the same as the corresponding terms and conditions applicable to “Incremental Term A Loans”
under the Credit Agreement. 
 (e) The Administrative Agent is hereby authorized to prepare, in consultation with the Borrower, the
schedule of Incremental Term A Commitments, as Schedule 2.01E to the Credit Agreement, reflecting the Incremental Term A Commitments established pursuant to this Incremental Term A Loan Facility Amendment and the amounts reflected therein shall be
conclusive absent demonstrable error. The Administrative Agent shall distribute to each Lender such new Schedule 2.01E promptly following the Second Incremental Amendment Effective Date. 

SECTION 3. Representations and Warranties. To induce the other parties hereto to enter into this Incremental
Term A Loan Facility Amendment, each Loan Party represents and warrants to each of the Lenders and the Administrative Agent that: 

(a) the execution, delivery and performance by each Loan Party of this Incremental Term A Loan Facility Amendment has been duly
authorized by all necessary corporate, limited liability and/or partnership action, as applicable, of such Loan Party; 
 (b) this
Incremental Term A Loan Facility Amendment has been duly executed and delivered by such Loan Party; 
 (c) each of this Incremental
Term A Loan Facility Amendment, the Credit Agreement and each other Loan Document to which each Loan Party is a party, after giving effect to the amendments pursuant to this Incremental Term A Loan Facility Amendment and the transactions
contemplated hereby, constitutes a legal, valid and binding obligation of such Loan Party, enforceable against it in accordance with its terms, subject to Debtor Relief Laws and to general principles of equity; 

(d) no material approval, consent, exemption, authorization, or other action by, or notice to, or filing with, any Governmental Authority
is necessary or required in connection with the execution, delivery or performance by, or enforcement against, any Loan Party of this Incremental Term A Loan Facility Amendment or the Credit Agreement, after giving effect to the amendments pursuant
to this Incremental Term A Loan Facility Amendment and the transactions contemplated hereby, or for the consummation of the transactions contemplated hereby; 

  
 2 

 (e) the execution, delivery and performance by each Loan Party of this Incremental Term A
Loan Facility Amendment and the performance of the Credit Agreement, after giving effect to the amendments pursuant to this Incremental Term A Loan Facility Amendment and the transactions contemplated hereby, are within such Loan Party’s
corporate and other powers and do not and will not (i) contravene the terms of any of such Person’s Organization Documents or (ii) violate any applicable material Law; except in the case of this clause (ii) to the extent that such
violation would not reasonably be expected to have a Material Adverse Effect; and 
 (f) immediately before and after giving effect to
this Incremental Term A Loan Facility Amendment and the transactions contemplated hereby (i) the representations and warranties of the Borrower and each of the other Loan Parties set forth in Article V of the Credit Agreement and in the other
Loan Documents are true and correct in all material respects on and as of July 18, 2016 , except to the extent such representations and warranties expressly relate to an earlier date, in which case they were true and correct in all material respects
as of such earlier date; provided that any representation or warranty that is qualified as to “materiality”, “Material Adverse Effect” or similar language is true and correct (after giving effect to any qualification
therein) in all respects on such respective dates, and (ii) no Default shall have occurred and be continuing as of the Second Incremental Amendment Effective Date. 

SECTION 4. Effectiveness. This Incremental Term A Loan Facility Amendment shall become effective as of
the date (the “Second Incremental Amendment Effective Date”) on which each of the following conditions shall have been satisfied: 

(a) the Administrative Agent (or its counsel) shall have received counterparts of this Incremental Term A Loan Facility Amendment that,
when taken together, bear the signatures of (i) Holdings, (ii) the Borrower, (iii) each other Guarantor (iv) the Administrative Agent and (iv) the Incremental Term A Lenders; 

(b) the Administrative Agent shall have received a certificate signed by a Responsible Officer of the Borrower (A) certifying that the
condition precedent set forth in clause (h) below has been satisfied on or as of the Second Incremental Amendment Effective Date and (B) containing the true and complete calculations (in reasonable detail) required to show compliance with Section
2.14(a)(ii)(B) and Section 2.14(a)(ii)(C) of the Credit Agreement; 
 (c) the Administrative Agent shall have received a certificate
from the chief financial officer of the Borrower substantially in the form of the certificate delivered pursuant to Section 4.01(a)(vi) of the Credit Agreement (with appropriate modifications to reflect the consummation of the transactions
contemplated by this Incremental Term A Loan Facility Amendment on the Second Incremental Amendment Effective Date) attesting to the Solvency of the Borrower and its Restricted Subsidiaries (taken as a whole) after giving effect to this Incremental
Term A Loan Facility Amendment and the incurrence of the Incremental Term A Loans established pursuant hereto; 
 (d) the
Administrative Agent shall have received such other documents and certificates as the Administrative Agent or its counsel may reasonably request relating to the organization, existence and good standing of each Loan Party and the authorization of
this Incremental Term A Loan Facility Amendment and amendment of the Credit Agreement and the other transactions contemplated hereby, all in form and substance reasonably satisfactory to the Administrative Agent; 

  
 3 

 (e) the Administrative Agent shall have received favorable customary legal opinions of (i)
Young Conaway Stargatt & Taylor LLP, Delaware counsel to the Loan Parties and (ii) Cleary Gottlieb Steen & Hamilton LLP, New York counsel to the Loan Parties, in each case, as to any matter reasonably requested by the Administrative Agent,
addressed to the Incremental Term A Loan Lenders and the Administrative Agent, dated the Second Incremental Amendment Effective Date and in form and substance reasonably satisfactory to the Administrative Agent, which the Loan Parties hereby request
such counsel to deliver; 
 (f) no Default exists as of the Second Incremental Amendment Effective Date, both before and immediately
after giving effect to this Amendment and the transactions contemplated hereby; 
 (g) all of the representations and warranties of the
Borrower and each of the other Loan Parties set forth in Article V of the Credit Agreement and in the other Loan Documents (including this Incremental Term A Loan Facility Amendment) are true and correct in all material respects on and as of
the Second Incremental Amendment Effective Date, except to the extent such representations and warranties expressly relate to an earlier date, in which case they were true and correct in all material respects as of such earlier date; provided
that any representation or warranty that is qualified as to “materiality”, “Material Adverse Effect” or similar language is true and correct (after giving effect to any qualification therein) in all respects on such respective
dates; 
 (h) all of the conditions specified in Section 2.14 of the Credit Agreement with respect to the incurrence of Incremental
Term Loans that constitute Incremental Term A Loans shall have been satisfied, including receipt by the Administrative Agent of a Committed Loan Notice; 

(i) the Amendment No. 2 Effective Date shall have occurred; 

(j) the Administrative Agent and the arrangers of the Incremental Term Loan A Facility, as applicable, shall have received payment of all
fees and other amounts due and payable on or prior to the Second Incremental Amendment Effective Date and, to the extent invoiced, reimbursement or payment of all reasonable and documented out-of-pocket costs and expenses required to be reimbursed
or paid by the Borrower hereunder or under any other Loan Document, including the reasonable fees, charges and disbursements of counsel for the Administrative Agent; and 

(k) the Borrower shall have paid to the Administrative Agent for the account of each Incremental Term A Lender, a non-refundable upfront
fee in Dollars and in immediately available funds in an amount equal to 0.50% of the aggregate amount of Incremental Term A Commitments of such Incremental Term A Lender as in effect on the Second Incremental Amendment Effective Date. Such fees
shall be fully earned when paid and shall not be refundable for any reason whatsoever. 
 The Administrative Agent shall notify the Borrower
and the Lenders of the Second Incremental Amendment Effective Date, and such notice shall be conclusive and binding. 
 SECTION
5. Reaffirmation of Guaranty and Security. The Borrower and each other Loan Party, by its signature below, hereby (a) agrees that, notwithstanding the effectiveness of this Incremental Term A Loan Facility Amendment or the
Credit Agreement, after giving effect to this Incremental Term A Loan Facility Amendment, the Collateral Documents continue to be in full force and effect and (b) affirms and confirms all of its obligations and liabilities under the Credit Agreement
and each other Loan Document, in each case after giving effect to this Incremental Term A Loan Facility Amendment and the transactions contemplated hereby, including its guarantee of the Obligations and the pledge of and/or grant of a security
interest in its assets as Collateral pursuant to the Collateral Documents to secure such Obligations (including the Incremental Term A Loans), all as provided in the Collateral Documents as 

  
 4 

 
originally executed, and acknowledges and agrees that such obligations, liabilities, guarantee, pledge and grant continue in full force and effect in respect of, and to secure, such Obligations
under the Credit Agreement and the other Loan Documents, in each case after giving effect to this Incremental Term A Loan Facility Amendment and the transactions contemplated hereby. 

SECTION 6. Reference to Agreement. From and after the Second Incremental Amendment Effective Date, the
terms “Agreement”, “this Agreement”, “herein”, “hereinafter”, “hereto”, “hereof” and words of similar import, as used in the Credit Agreement, shall, unless the context otherwise requires,
refer to the Credit Agreement as amended hereby, and the term “Credit Agreement”, as used in the other Loan Documents, shall mean the Credit Agreement as amended hereby and as may be further amended, supplemented or otherwise modified from
time to time. For the avoidance of doubt, any references to “the date hereof” in the Credit Agreement shall refer to February 19, 2013. 

SECTION 7. Counterparts. This Incremental Term A Loan Facility Amendment may be executed in any number
of counterparts and by different parties hereto in separate counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. Delivery by telecopy or other electronic image scan
transmission of an executed counterpart of a signature page to this Incremental Term A Loan Facility Amendment shall be effective as delivery of an original executed counterpart of this Incremental Term A Loan Facility Amendment. The Administrative
Agent may also require that any such documents and signatures delivered by telecopy or other electronic image scan transmission be confirmed by a manually signed original thereof; provided that the failure to request or deliver the same shall
not limit the effectiveness of any document or signature delivered by telecopy or other electronic image scan transmission. 
 SECTION
8. Governing Law. THIS INCREMENTAL TERM A LOAN FACILITY AMENDMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK. 

SECTION 9. Jurisdiction. ANY LEGAL ACTION OR PROCEEDING ARISING UNDER THIS INCREMENTAL TERM A LOAN FACILITY
AMENDMENT OR THE CREDIT AGREEMENT OR IN ANY WAY CONNECTED WITH OR RELATED OR INCIDENTAL TO THE DEALINGS OF THE PARTIES HERETO OR THERETO OR ANY OF THEM WITH RESPECT TO THIS INCREMENTAL TERM A LOAN FACILITY AMENDMENT OR THE CREDIT AGREEMENT, OR THE
TRANSACTIONS RELATED THERETO, IN EACH CASE WHETHER NOW EXISTING OR HEREAFTER ARISING, MAY BE BROUGHT IN THE COURTS OF THE STATE OF NEW YORK SITTING IN NEW YORK CITY (IN THE BOROUGH OF MANHATTAN) OR OF THE UNITED STATES FOR THE SOUTHERN DISTRICT OF
SUCH STATE, AND BY EXECUTION AND DELIVERY OF THIS INCREMENTAL TERM A LOAN FACILITY AMENDMENT, THE BORROWER, HOLDINGS, EACH OTHER GUARANTOR, THE ADMINISTRATIVE AGENT AND EACH LENDER CONSENTS, FOR ITSELF AND IN RESPECT OF ITS PROPERTY, TO THE
EXCLUSIVE JURISDICTION OF THOSE COURTS AND AGREES NOT TO COMMENCE ANY SUCH LEGAL ACTION OR PROCEEDING IN ANY OTHER JURISDICTION, TO THE EXTENT PERMITTED BY APPLICABLE LAW. THE BORROWER, HOLDINGS, EACH OTHER GUARANTOR, THE ADMINISTRATIVE AGENT
AND EACH LENDER IRREVOCABLY WAIVES ANY OBJECTION, INCLUDING ANY OBJECTION TO THE LAYING OF VENUE OR BASED ON THE GROUNDS OF FORUM NON CONVENIENS, WHICH IT MAY NOW OR HEREAFTER HAVE TO THE BRINGING OF ANY ACTION OR PROCEEDING IN SUCH JURISDICTION IN
RESPECT OF THIS INCREMENTAL TERM A LOAN FACILITY AMENDMENT OR OTHER DOCUMENT RELATED THERETO. 

  
 5 

 SECTION 10. Headings. The headings of this Incremental Term A Loan
Facility Amendment are for purposes of reference only and shall not limit or otherwise affect the meaning hereof. 
 SECTION
11. No Novation. This Incremental Term A Loan Facility Amendment shall not extinguish the Obligations for the payment of money outstanding under the Credit Agreement or discharge or release the lien or priority of any Loan
Document or any other security therefor or any guarantee thereof, and the liens and security interests existing immediately prior to the Second Incremental Amendment Effective Date in favor of the Administrative Agent for the benefit of the Secured
Parties securing payment of the Obligations are in all respects continuing and in full force and effect with respect to all Obligations. Nothing herein contained shall be construed as a substitution or novation, or a payment and reborrowing, or a
termination, of the Obligations outstanding under the Credit Agreement or instruments guaranteeing or securing the same, which shall remain in full force and effect, except as modified hereby or by instruments executed concurrently herewith. Nothing
expressed or implied in this Incremental Term A Loan Facility Amendment or any other document contemplated hereby or thereby shall be construed as a release or other discharge of the Borrower under the Credit Agreement or the Borrower or any other
Loan Party under any Loan Document from any of its obligations and liabilities thereunder, and such obligations are in all respects continuing with only the terms being modified as provided in this Incremental Term A Loan Facility Amendment. The
Credit Agreement and each of the other Loan Documents shall remain in full force and effect, until and except as modified hereby. This Incremental Term A Loan Facility Amendment shall constitute a “Loan Document” for all purposes of the
Credit Agreement. Each Guarantor further agrees that nothing in the Credit Agreement, this Incremental Term A Loan Facility Amendment or any other Loan Document shall be deemed to require the consent of such Guarantor to any future amendment to the
Credit Agreement. 
 SECTION 12. Notices. All communications and notices hereunder shall be given as provided in the
Credit Agreement. 
 SECTION 13. Severability. If any provision of this Incremental Term A Loan Facility Amendment is
held to be illegal, invalid or unenforceable, the legality, validity and enforceability of the remaining provisions of this Incremental Term A Loan Facility Amendment and the other Loan Documents shall not be affected or impaired thereby. The
invalidity of a provision in a particular jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction. 

SECTION 14. Successors. The terms of this Incremental Term A Loan Facility Amendment shall be binding upon, and shall inure
for the benefit of, the parties hereto and their respective successors and assigns. 
 SECTION 15. No Waiver. Except as
expressly set forth herein, this Incremental Term A Loan Facility Amendment shall not by implication or otherwise limit, impair, constitute a waiver of or otherwise affect the rights and remedies of the Lenders or the Agents under the Credit
Agreement or any other Loan Document, and shall not alter, modify, amend or in any way affect any of the terms, conditions, obligations, covenants or agreements contained in the Credit Agreement or any other provision of the Credit Agreement or of
any other Loan Document, all of which are ratified and affirmed in all respects and shall continue in full force and effect. Nothing herein shall be deemed to entitle the Borrower to receive a consent to, or a waiver, amendment, modification or
other change of, any of the terms, conditions, obligations, covenants or agreements contained in the Credit Agreement or any other Loan Document in similar or different circumstances. 

[Remainder of this page intentionally left blank] 

  
 6 

 IN WITNESS WHEREOF, the parties hereto have caused this Incremental Term A Loan Facility
Amendment to be duly executed by their duly authorized officers, all as of the date and year first above written. 
  

							
	SABRE GLBL INC.,
			
		 	By	 	 /s/ CHRIS NESTER

		 		 	Name:	 	Chris Nester
		 		 	Title:	 	Treasurer
	
	SABRE HOLDINGS CORPORATION,
			
		 	By	 	 /s/ CHRIS NESTER

		 		 	Name:	 	Chris Nester
		 		 	Title:	 	Treasurer
	
	EACH OF THE LOAN PARTIES LISTED BELOW, hereby consents to the entering into of this Incremental Term A Loan Facility Amendment and agrees to the provisions hereof:
		
		 	GetThere Inc.
		 	GetThere L.P.
		 		 	by GetThere Inc., its General Partner
		 	lastminute.com
		 	lastminute.com Holdings, Inc.
		 	Sabre International Newco, Inc.
		 	SabreMark G.P., LLC
		 	SabreMark Limited Partnership
		 		 	by SabreMark G.P., LLC, its General Partner
		 	TVL Holdings I, LLC
		 	TVL Holdings, Inc.
		 	TVL LLC
		 	TVL LP
		 	by TVL LLC, its General Partner
		 	TVL Common, Inc.
			
		 	By	 	 /s/ CHRIS NESTER

		 		 	Name:	 	Chris Nester
		 		 	Title:	 	Treasurer

 [Signature Page to Incremental Term A Loan Amendment] 

 
					
	 Nexus World Services, Inc.
 IHS US
Inc.
 InnLink, LLC
 TravLynx LLC

		
	By	 	 /s/ CHRIS NESTER

		 	Name:	 	Chris Nester
		 	Title:	 	Treasurer

  

					
	 PRISM Group, Inc.
 PRISM
Technologies, LLC

		
	By	 	 /s/ CHRIS NESTER

		 	Name:	 	Chris Nester
		 	Title:	 	Treasurer

 [Signature Page to Incremental Term A Loan Amendment] 

 
					
	lastminute.com LLC
		
	By	 	 /s/ CHRIS NESTER

		 	Name:	 	Chris Nester
		 	Title:	 	Treasurer

 [Signature Page to Incremental Term A Loan Amendment] 

 
							
	BANK OF AMERICA, N.A., as Administrative Agent and Incremental Term A Lender
			
		 	By	 	 /s/ GREGORY ROETTING

		 		 	Name:	 	Gregory Roetting
		 		 	Title:	 	Director

 [Signature Page to Incremental Term A Loan Amendment] 

 
							
	GOLDMAN SACHS BANK USA, as an Incremental Term A Loan Lender
			
		 	By	 	 /s/ RYAN DURKIN

		 		 	Name:	 	Ryan Durkin
		 		 	Title:	 	Authorized Signatory

 [Signature Page to Incremental Term A Loan Amendment] 

 
							
	J.P. MORGAN CHASE BANK, N.A., as an Incremental Term A Loan Lender
			
		 	By	 	 /s/ DONATUS O. ANUSIONWU

		 		 	Name:	 	Donatus O. Anusionwu
		 		 	Title:	 	Vice President

 [Signature Page to Incremental Term A Loan Amendment] 

 
							
	Mizuho Bank, Ltd., as an Incremental Term A Loan Lender
			
		 	By	 	 /s/ JAMES R. FAYEN

		 		 	Name:	 	James R. Fayen
		 		 	Title:	 	Managing Director

 [Signature Page to Incremental Term A Loan Amendment] 

 
							
	MORGAN STANLEY BANK, N.A., as an Incremental Term A Loan Lender
			
		 	By	 	 /s/ MICHAEL KING

		 		 	Name:	 	Michael King
		 		 	Title:	 	Authorized Signatory

 [Signature Page to Incremental Term A Loan Amendment] 

 
							
	The Bank of Tokyo-Mitsubishi UFJ, Ltd., as an Incremental Term A Loan Lender
			
		 	By	 	 /s/ SPENCER HUGHES

		 		 	Name:	 	Spencer Hughes
		 		 	Title:	 	Managing Director

 [Signature Page to Incremental Term A Loan Amendment] 

 
							
	NATAXIS, NEW YORK BRANCH, as an Incremental Term A Loan Lender
			
		 	By	 	 /s/ GERRY CANET

		 		 	Name:	 	Gerry Canet
		 		 	Title:	 	Managing Director
			
		 	By	 	 /s/ REBECCA LO

		 		 	Name:	 	Rebecca Lo
		 		 	Title:	 	Analyst

 [Signature Page to Incremental Term A Loan Amendment] 

 
							
	WELLS FARGO BANK, N.A., as an Incremental Term A Loan Lender
			
		 	By	 	 /s/ SCOTT SCHNUGG

		 		 	Name:	 	Scott Schnugg
		 		 	Title:	 	Vice President

 [Signature Page to Incremental Term A Loan Amendment] 

 
			
	DEUTSCHE BANK AG, NEW YORK BRANCH, as an Incremental Term A Loan Lender
		
	        By	 	/s/ ANCA TRIFAN
		 	Name: Anca Trifan
		 	Title: Managing Director
		
	        By	 	/s/ MARCUS M. TARKINGTON
		 	Name: Marcus M. Tarkington
		 	Title: Director

 [Signature Page to Incremental Term A Loan Amendment] 

 
			
	PNC BANK, NATIONAL ASSOCIATION, as an Incremental Term A Loan Lender
		
	        By	 	/s/ CHRISTOPHER KEENAN
		 	Name: Christopher Keenan
		 	Title: Assistant Vice President

 [Signature Page to Incremental Term A Loan Amendment] 

 ANNEX I 
  

					
	 Incremental Term A Lender
	  	Incremental Term A Commitments	 
	 Bank of America, N.A.
	  	$	93,000,000	  
	 Goldman Sachs Bank USA
	  	$	57,000,000	  
	 JP Morgan Chase Bank, N.A.
	  	$	77,000,000	  
	 Mizuho Bank, Ltd.
	  	$	77,000,000	  
	 Morgan Stanley Bank, N.A.
	  	$	38,500,000	  
	 The Bank of Tokyo-Mitsubishi UFJ, Ltd.
	  	$	38,500,000	  
	 Natixis, New York Branch
	  	$	77,000,000	  
	 Wells Fargo Bank, National Association
	  	$	77,000,000	  
	 Deutsche Bank AG, New York Branch
	  	$	20,000,000	  
	 PNC Bank, National Association
	  	$	45,000,000	  
		  	  
	  
	 
	 Total:
	  	$	600,000,000	  
		  	  
	  
	 

 ANNEX II 

SUMMARY OF TERMS 
 Dated as
of July 18, 2016 
  

			
	Interest Rates:	  	The Applicable Rate with respect to the Incremental Term A Loans will be a percentage per annum equal to (a) until delivery of financial statements for the first full fiscal quarter ending after the Second Incremental Amendment
Effective Date pursuant to Section 6.01 of the Credit Agreement, the percentages per annum listed in the table below assuming a “Pricing Level” of “2” and, and (b) thereafter, the percentages per annum listed in the table below,
based upon the Senior Secured First-Lien Net Leverage Ratio as set forth in the most recent Compliance Certificate received by the Administrative Agent pursuant to Section 6.02(a) of the Credit Agreement:

     Applicable Rate 

 

											
	 Pricing Level
	  	Senior
Secured First-
Lien Net
Leverage
Ratio	  	Eurocurrency Rate
for
Incremental Term A
Loans	 	 	Base Rate for
Incremental Term
A Loans	 
	 1
	  	> 3.5:1.0	  	 	2.75	% 	 	 	1.75	% 
	 2
	  	< 3.5:1.0, but >
2.5:1.0	  	 	2.50	% 	 	 	1.50	% 
	 3
	  	< 2.5:1.0, but >
1.5:1.0	  	 	2.25	% 	 	 	1.25	% 
	 4
	  	< 1.5:1.0	  	 	2.00	% 	 	 	1.00	% 

  

			
		  	Any increase or decrease in the Applicable Rate resulting from a change in the Senior Secured First-Lien Net Leverage Ratio shall become effective as of the first Business Day immediately following the date a Compliance
Certificate is delivered pursuant to Section 6.02(a) of the Credit Agreement; provided that at the option of the Required Lenders (and if exercised with respect to this Class of Incremental Term Loans), Pricing Level 1 shall apply (x) as of
the first Business Day after the date on which a Compliance Certificate was required to have been delivered but was not delivered, and shall continue to so apply to and including the date on which such Compliance Certificate is so delivered (and
thereafter the Pricing Level otherwise determined in accordance with the definition of Applicable Rate shall apply) and (y) as of the first Business Day after an Event of Default under Section 9.01(a) of the Credit Agreement shall have occurred and
be continuing, and shall continue to so apply to but excluding the date on which such Event of Default is cured or waived (and thereafter the Pricing Level otherwise determined in accordance with this definition shall
apply).

			
		  	 Notwithstanding anything to the contrary contained above in this definition or elsewhere in the Credit Agreement, if it is subsequently
determined that the Senior Secured First-Lien Net Leverage Ratio set forth in any Compliance Certificate delivered to the Administrative Agent is inaccurate for any reason and the result thereof is that the Lenders of the Incremental Term Loans
received interest or fees for any period based on an Applicable Rate that is less than that which would have been applicable had the Senior Secured First-Lien Net Leverage Ratio been accurately determined, then, for all purposes of this Agreement,
the “Applicable Rate” for any day occurring within the period covered by such Compliance Certificate shall retroactively be deemed to be the relevant percentage as based upon the accurately determined Senior Secured First-Lien Net Leverage
Ratio for such period, and any shortfall in the interest or fees theretofore paid by the Borrower for the relevant period pursuant to Sections 2.08 and 2.09 of the Credit Agreement as a result of the miscalculation of the Senior Secured First-Lien
Net Leverage Ratio shall be deemed to be (and shall be) due and payable under the relevant provisions of Section 2.08 or 2.09 the Credit Agreement, as applicable, at the time the interest or fees for such period were required to be paid pursuant to
said Section (and shall remain due and payable until paid in full, together with all amounts owing under said Section 2.08, in accordance with the terms of the Credit Agreement).

 
 Notwithstanding anything to the contrary in the Credit Agreement, the Eurocurrency Rate
for the Incremental Term A Loans shall in no event be less than 0.00% per annum.

		
	Maturity Date:	  	July 18, 2021 (or if all Term B Loans and Incremental Term Loans incurred prior to the Amendment No. 2 Effective Date are not refinanced with indebtedness that matures after July 18, 2021 or irrevocably repaid in full on or prior to
November 19, 2018, November 19, 2018) (the “Incremental Term A Loan Maturity Date”).
		
	Scheduled Amortization:	  	(i) The Borrower shall repay to the Administrative Agent for the ratable account of the Lenders of the Incremental Term A Loans established pursuant to this Incremental Term A Loan Facility Amendment during each year following the
Closing Date, an annual amortization (payable in four equal quarterly installments on the last Business Day of each March, June, September and December of each year, commencing with the last Business Day of September 2016) of the Incremental Term A
Loans in an amount equal to the percentage of the initial aggregate principal amount of Incremental Term A Loans incurred on the Second Incremental Amendment Effective Date as set forth below (as such repayment amounts shall be reduced as a result
of the application of prepayments in accordance with the order of priority determined under Section 2.05 of the Credit Agreement):

  

					
	 Year
	  	Amortization Percentage	 
	 Year One
	  	 	5	% 
	 Year Two
	  	 	5	% 
	 Year Three
	  	 	10	% 
	 Year Four
	  	 	10	% 
	 Year Five
	  	 	10	% 

			
		
		  	(ii) The remaining aggregate principal amount of Incremental Term A Loans incurred shall be due and payable in full on the Incremental Term A Loan Maturity Date.
		
	Use of Proceeds:	  	The proceeds of the Incremental Term A Loans shall be used (i) to repay a portion of the existing Term B Loans and existing Incremental Term Loans, (ii) to repay the outstanding Other Revolving Credit Loans and (iii) for general
corporate purposes, including working capital.EX-4.3

 Exhibit 4.3 

TENTH SUPPLEMENTAL INDENTURE 

BETWEEN 
 DOMINION
RESOURCES, INC. 
 ISSUER 

AND 
 DEUTSCHE BANK
TRUST COMPANY AMERICAS 
 SERIES TRUSTEE 

DATED AS OF JULY 1, 2016 

2016 SERIES A 5.25% ENHANCED JUNIOR SUBORDINATED NOTES DUE 2076 

 TABLE OF CONTENTS 

 

							
	ARTICLE I DEFINITIONS	  	 	1	  
			
	1.1	  	Definition of Terms.	  	 	1	  
		
	ARTICLE II GENERAL TERMS AND CONDITIONS OF THE JUNIOR SUBORDINATED NOTES	  	 	3	  
			
	2.1	  	Designation and Principal Amount.	  	 	3	  
			
	2.2	  	Stated Maturity.	  	 	3	  
			
	2.3	  	Form and Payment; Minimum Transfer Restriction.	  	 	3	  
			
	2.4	  	Exchange and Registration of Transfer of Junior Subordinated Notes; Restrictions on Transfers; Depositary.	  	 	3	  
			
	2.5	  	Interest.	  	 	4	  
			
	2.6	  	Events of Default.	  	 	5	  
			
	2.7	  	No Defeasance; No Sinking Fund.	  	 	5	  
		
	ARTICLE III REDEMPTION OF THE JUNIOR SUBORDINATED NOTES	  	 	5	  
			
	3.1	  	Optional Redemption by Company.	  	 	5	  
			
	3.2	  	Notice of Redemption.	  	 	6	  
		
	ARTICLE IV OPTION TO DEFER INTEREST PAYMENTS	  	 	6	  
			
	4.1	  	Option to Defer Interest Payments.	  	 	6	  
			
	4.2	  	Notice of Deferral.	  	 	7	  
		
	ARTICLE V FORM OF JUNIOR SUBORDINATED NOTE	  	 	7	  
			
	5.1	  	Form of Junior Subordinated Note.	  	 	7	  
		
	ARTICLE VI ORIGINAL ISSUE OF JUNIOR SUBORDINATED NOTES	  	 	7	  
			
	6.1	  	Original Issue of Junior Subordinated Notes.	  	 	7	  
		
	ARTICLE VII THE SERIES TRUSTEE	  	 	7	  
			
	7.1	  	Appointment of Series Trustee.	  	 	7	  
			
	7.2	  	Eligibility of Series Trustee.	  	 	8	  
			
	7.3	  	Security Registrar and Paying Agent.	  	 	8	  
			
	7.4	  	Concerning the Trustees.	  	 	8	  
			
	7.5	  	Patriot Act Requirements of Series Trustee.	  	 	8	  
			
	7.6	  	Notice upon Series Trustee.	  	 	8	  
		
	ARTICLE VIII MISCELLANEOUS	  	 	8	  
			
	8.1	  	Modification of Indenture without Consent of Holders.	  	 	8	  
			
	8.2	  	Ratification of Indenture; Tenth Supplemental Indenture Controls.	  	 	9	  

							
	8.3	  	Recitals.	  	 	9	  
			
	8.4	  	Governing Law.	  	 	9	  
			
	8.5	  	Separability.	  	 	9	  
			
	8.6	  	Counterparts.	  	 	9	  
		
	EXHIBIT A – FORM OF NOTE	  	 	A-1	  

 TENTH SUPPLEMENTAL INDENTURE 

THIS TENTH SUPPLEMENTAL INDENTURE, dated as of July 1, 2016 (the “Tenth Supplemental Indenture”), is between DOMINION
RESOURCES, INC., a Virginia corporation having its principal office at 120 Tredegar Street, Richmond, Virginia 23219 (the “Company”), and DEUTSCHE BANK TRUST COMPANY AMERICAS, a New York banking corporation, as trustee of the series of
Securities established by this Tenth Supplemental Indenture, having a corporate trust office at 60 Wall Street, 16th Floor, New York, New York 10005 (herein called the “Series Trustee”).

 WHEREAS, the Company has heretofore entered into a Junior Subordinated Indenture II, dated as of June 1, 2006, between the
Company and The Bank of New York Mellon (successor to JPMorgan Chase Bank, N.A.) (the “Original Trustee”), as supplemented and amended by the Third Supplemental and Amending Indenture, dated as of June 1, 2009 (as so amended, the
“Base Indenture”), among the Company, the Original Trustee and the Series Trustee; 
 WHEREAS, the Base Indenture is
incorporated herein by this reference and the Base Indenture, as supplemented and amended by this Tenth Supplemental Indenture, and as may be hereafter supplemented or amended from time to time in accordance herewith and therewith, is herein called
the “Indenture”; 
 WHEREAS, under the Base Indenture, a new series of Securities may at any time be established in
accordance with the provisions of the Base Indenture and the terms of such series may be described by a supplemental indenture executed by the Company and the Series Trustee; 

WHEREAS, the Company proposes to create under the Base Indenture a new series of Securities and to appoint the Series Trustee as
Trustee under the Base Indenture with respect to such series of Securities; and 
 WHEREAS, the Company has requested that the Series
Trustee execute and deliver this Tenth Supplemental Indenture and all requirements necessary to make this Tenth Supplemental Indenture a valid instrument in accordance with its terms, and to make the Junior Subordinated Notes, when executed by the
Company and authenticated and delivered by the Series Trustee, the valid obligations of the Company, have been performed, and the execution and delivery of this Tenth Supplemental Indenture has been duly authorized in all respects. 

NOW, THEREFORE, in consideration of the purchase and acceptance of the Junior Subordinated Notes by the holders, and for the purpose of
setting forth, as provided in the Base Indenture, the form and substance of the Junior Subordinated Notes and the terms, provisions and conditions thereof, the Company covenants and agrees with the Series Trustee as follows: 

ARTICLE I 
 DEFINITIONS

 1.1 Definition of Terms. For all purposes of this Tenth Supplemental Indenture, except as otherwise expressly provided or
unless the context otherwise requires: 
 (a) the capitalized terms not otherwise defined herein shall have the meanings set forth in the
Base Indenture; 
 (b) the terms defined in this Article have the meanings assigned to them in this Article and include the plural as well
as the singular; 
 (c) all other terms used herein which are defined in the Trust Indenture Act of 1939, as amended, whether directly or by
reference therein, have the meanings assigned to them therein; 
 (d) all accounting terms not otherwise defined herein have the meanings
assigned to them in accordance with generally accepted accounting principles in the United States of America, and, except as otherwise herein expressly provided, the term “generally accepted accounting principles” with respect to any
computation required or permitted hereunder shall mean such accounting principles as are generally accepted in the United States of America at the date of such computation; provided, that when two or more principles are so generally accepted, it
shall mean that set of principles consistent with those in use by the Company; 

  
 1 

 (e) a reference to a Section or Article is to a Section or Article of this Tenth Supplemental
Indenture unless otherwise stated; 
 (f) the words “herein,” “hereof” and “hereunder” and other words of
similar import refer to this Tenth Supplemental Indenture as a whole and not to any particular Article, Section or other subdivision; and 

(g) headings are for convenience of reference only and do not affect interpretation. 

“Additional Interest” has the meaning specified in Section 2.5(a). 

“Business Day” means a day other than (i) a Saturday or a Sunday, (ii) a day on which banks in New York, New York are
authorized or obligated by law or executive order to remain closed or (iii) a day on which the Corporate Trust Office of the Series Trustee is closed for business. 

“Corporate Trust Office of the Series Trustee” means the office of the Series Trustee at which at any particular time its corporate
trust business with respect to the series of Securities herein described shall be principally administered, which office at the date of original execution of this Tenth Supplemental Indenture is located at 60 Wall Street, 16th Floor, New York, New York 10005, Attention: Corporates Team – Dominion Resources (in addition, copies of correspondence are to be sent to Deutsche Bank National Trust Company for Deutsche Bank
Trust Company Americas, 100 Plaza One, 6th Floor, MSJCY03-0699, Jersey City, New Jersey 07311, Attention: Corporates Team – Dominion Resources). 

“Definitive Note Certificates” means Junior Subordinated Notes issued in definitive, fully registered form. 

“Global Note” has the meaning specified in Section 2.4(a). 

“Interest Payment Dates” means January 30, April 30, July 30 and October 30 of each year, commencing
on October 30, 2016. 
 “Junior Subordinated Notes” has the meaning specified in Section 2.1. 

“Optional Deferral Period” has the meaning specified in Section 4.1. 

“Original Issue Date” means July 19, 2016. 

“Rating Agency Event” means a change in the methodology employed by any nationally recognized statistical rating organization within
the meaning of Section 3(a)(62) of the Securities Exchange Act of 1934, as amended, (a “Rating Agency”) that currently publishes a rating for the Company in assigning equity credit to securities such as the Junior Subordinated Notes,
as such methodology is in effect on July 12, 2016 (the “Current Criteria”), which change results in: (i) the length of time for which such Current Criteria are scheduled to be in effect being shortened with respect to the Junior
Subordinated Notes; or (ii) a lower or higher equity credit being assigned by such Rating Agency to the Junior Subordinated Notes as of the date of such change than the equity credit that would have been assigned to the Junior Subordinated
Notes as of the date of such change by such Rating Agency pursuant to its Current Criteria. 
 “Record Date” has the meaning
specified in Section 2.5(a). 
 “Stated Maturity” has the meaning specified in Section 2.2. 

“Tax Event” means the receipt by the Company of an opinion of counsel experienced in such tax matters to the effect that, as a
result of (a) any amendment to, clarification of, or change (including any announced prospective change) in the laws or treaties of the United States or any political subdivisions or taxing authorities, or any regulations under such laws or
treaties, (b) any judicial decision or any official administrative pronouncement, ruling, regulatory procedure, notice or announcement (including any notice or announcement of intent to issue or adopt any such administrative pronouncement,
ruling, regulatory procedure or regulation), (c) any amendment to, clarification of, or change in the official position or the interpretation of any administrative action or judicial 

  
 2 

 
decision or any interpretation or pronouncement that provides for a position with respect to an administrative action or judicial decision that differs from the theretofore generally accepted
position, in each case by any legislative body, court, governmental authority or regulatory body, irrespective of the time or manner in which such amendment, clarification or change is introduced or made known, or (d) threatened challenge
asserted in writing in connection with an audit of the Company or any of its subsidiaries, or a publicly-known threatened challenge asserted in writing against any other taxpayer that has raised capital through the issuance of securities that are
substantially similar to the Junior Subordinated Notes, which amendment, clarification, or change is effective, or which administrative action is taken or which judicial decision, interpretation or pronouncement is issued or threatened challenge is
asserted or becomes publicly-known, in each case after July 12, 2016, there is more than an insubstantial risk that interest payable by the Company on the Junior Subordinated Notes is not deductible, or within 90 days would not be deductible,
in whole or in part, by the Company for United States Federal income tax purposes. 
 “Unit” means a Junior Subordinated Note
denominated in the minimum amount of $25. 
 ARTICLE II 

GENERAL TERMS AND CONDITIONS OF THE JUNIOR SUBORDINATED NOTES 

2.1 Designation and Principal Amount. There is hereby established a new series of Securities to be issued under the Indenture, to be
designated as the Company’s “2016 Series A 5.25% Enhanced Junior Subordinated Notes due 2076” (the “Junior Subordinated Notes”), in the initial aggregate principal amount of up to $800,000,000 (32,000,000 Units), which
amount shall be set forth in any written orders of the Company for the authentication and delivery of Junior Subordinated Notes pursuant to Section 2.1 of the Base Indenture and Section 6.1 hereof. Additional Junior Subordinated Notes,
without limitation as to amount and without the consent of the holders of the then outstanding Junior Subordinated Notes, may also be authenticated and delivered in the manner provided in Section 2.1 of the Base Indenture. Any such additional
Junior Subordinated Notes will have the same Stated Maturity and other terms (except, if applicable, the initial Interest Payment Date and initial interest accrual date) as those initially issued and shall be consolidated with and part of the same
series of Junior Subordinated Notes as the Junior Subordinated Notes initially issued under this Tenth Supplemental Indenture. 
 2.2
Stated Maturity. The “Stated Maturity” of the Junior Subordinated Notes is July 30, 2076, which may not be shortened or extended. 

2.3 Form and Payment; Minimum Transfer Restriction. 

(a) The Junior Subordinated Notes shall be issued in fully registered global form without coupons in minimum denominations of $25 and integral
multiples of $25 in excess thereof. Principal and interest on the Junior Subordinated Notes will be payable, the transfer of such Junior Subordinated Notes will be registrable and such Junior Subordinated Notes will be exchangeable for Junior
Subordinated Notes bearing identical terms and provisions at the Corporate Trust Office of the Series Trustee; provided, however, that payment of interest may be made at the option of the Company by check mailed to the Person entitled thereto at
such address as shall appear in the Register or by transfer to an account maintained by the Person entitled thereto as specified in the Register, provided that proper transfer instructions have been received by the Paying Agent in writing at least
five Business Days prior to the Record Date. The Register for the Junior Subordinated Notes shall be kept at the Corporate Trust Office of the Series Trustee, and the Series Trustee is hereby appointed registrar and Paying Agent for the Junior
Subordinated Notes. 
 (b) The Junior Subordinated Notes may be transferred or exchanged only in minimum denominations of $25 and integral
multiples of $25 in excess thereof, and any attempted transfer, sale or other disposition of Junior Subordinated Notes in a denomination of less than $25 shall be deemed to be void and of no legal effect whatsoever. Any such transferee shall be
deemed not to be the holder of such Junior Subordinated Notes for any purpose, including but not limited to the receipt of payments in respect of such Junior Subordinated Notes and such transferee shall be deemed to have no interest whatsoever in
such Junior Subordinated Notes. 
 2.4 Exchange and Registration of Transfer of Junior Subordinated Notes; Restrictions on Transfers;
Depositary. The Junior Subordinated Notes will be issued to the holders in accordance with the following procedures: 

  
 3 

 (a) So long as Junior Subordinated Notes are eligible for book-entry settlement with the
Depositary, or unless required by law, all Junior Subordinated Notes that are so eligible will be represented by one or more Junior Subordinated Notes in global form (a “Global Note”) registered in the name of the Depositary or the nominee
of the Depositary. Except as provided in Section 2.4(c) below, beneficial owners of a Global Note shall not be entitled to have Definitive Note Certificates registered in their names, will not receive or be entitled to receive physical delivery
of Definitive Note Certificates and will not be registered holders of such Global Notes. 
 (b) The transfer and exchange of beneficial
interests in Global Notes shall be effected through the Depositary in accordance with the Indenture and the procedures and standing instructions of the Depositary and the Series Trustee shall make appropriate endorsements to reflect increases or
decreases in principal amounts of such Global Notes. 
 (c) Notwithstanding any other provisions of the Indenture (other than the provisions
set forth in this Section 2.4(c)), a Global Note may not be exchanged in whole or in part for Junior Subordinated Notes in definitive form, and no transfer of a Global Note may be registered, in the name of any person other than the Depositary
or a nominee thereof unless (i) such Depositary (A) has notified the Company that it is unwilling or unable to continue as Depositary for such Global Note or (B) has ceased to be a clearing agency registered as such under the Exchange
Act at a time when the Depositary is required to be so registered to act as such Depositary, and no successor Depositary has been appointed by the Company within 90 days after its receipt of such notice or its becoming aware of such ineligibility,
or (ii) the Company, in its sole discretion and subject to the procedures of the Depositary, instructs the Series Trustee in writing to exchange such Global Note for a Junior Subordinated Note that is not a Global Note (in which case such
exchange (subject to such procedures) shall be effected by the Series Trustee). 
 The Depositary shall be a clearing agency registered
under the Exchange Act. The Company initially appoints The Depository Trust Company to act as Depositary with respect to the Global Notes. Initially, the Global Notes shall be registered in the name of Cede & Co., as the nominee of the
Depositary, and deposited with the Series Trustee as custodian for the Depositary. 
 Definitive Note Certificates issued in exchange for
all or a part of a Global Note pursuant to this Section 2.4(c) shall be registered in such names and in such authorized denominations as the Depositary, pursuant to instructions from its direct or indirect participants or otherwise, shall
instruct the Series Trustee. Upon execution and authentication, the Series Trustee shall deliver such Definitive Note Certificates to the person in whose names such Definitive Note Certificates are so registered. 

So long as Junior Subordinated Notes are represented by one or more Global Notes, (i) the registrar for the Junior Subordinated Notes and
the Series Trustee shall be entitled to deal with the Depositary for all purposes of the Indenture relating to such Global Notes as the sole holder of the Junior Subordinated Notes evidenced by such Global Notes and shall have no obligations to the
holders of beneficial interests in such Global Notes; and (ii) the rights of the holders of beneficial interests in such Global Notes shall be exercised only through the Depositary and shall be limited to those established by law and agreements
between such holders and the Depositary and/or the participants in the Depositary. 
 At such time as all interests in a Global Note have
been paid, redeemed, exchanged, repurchased or canceled, such Global Note shall be, upon receipt thereof, canceled by the Series Trustee in accordance with standing procedures and instructions of the Depositary. At any time prior to such
cancellation, if any interest in a Global Note is exchanged for Definitive Note Certificates, redeemed by the Company pursuant to Article III or canceled, or transferred for part of a Global Note, the principal amount of such Global Note shall, in
accordance with the standing procedures and instructions of the Depositary be reduced or increased, as the case may be, and an endorsement shall be made on such Global Note by, or at the direction of, the Series Trustee to reflect such reduction or
increase. 
 2.5 Interest. 

(a) Each Junior Subordinated Note will bear interest at the rate of 5.25% per annum from the Original Issue Date. Subject to the
Company’s right to defer interest payments described in Article IV below, interest on the Junior Subordinated Notes is payable quarterly in arrears on each Interest Payment Date until the principal thereof is paid or made available for payment.
If interest payments are deferred or otherwise not paid, they will accrue and 

  
 4 

 
compound quarterly until paid at the annual rate of 5.25% per annum, to the extent permitted by applicable law (“Additional Interest”). The amount of interest payable for any
period will be computed on the basis of a 360-day year of twelve 30-day months. The interest so payable will be paid to the Person in whose name such Junior Subordinated Note is registered, at the close of business on the Record Date next preceding
such Interest Payment Date; provided that interest payable at Maturity will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for, and that is not deferred pursuant to Article IV
hereof, will forthwith cease to be payable to the Holders on such Record Date and may either be paid (i) to the Person in whose name such Junior Subordinated Note (or any Junior Subordinated Note issued upon registration of transfer or exchange
thereof) is registered at the close of business on the record date for the payment of such defaulted interest established in accordance with Section 2.3 of the Base Indenture or (ii) at any time in any other lawful manner not inconsistent
with the requirements of the securities exchange, if any, on which the Junior Subordinated Notes may be listed, and upon such notice as may be required by such exchange. The “Record Date” for payment of interest will be the close of
business on the Business Day next preceding the applicable Interest Payment Date, unless such Junior Subordinated Note is registered to a holder other than the Depositary or a nominee of the Depositary, in which case the Record Date for payment of
interest will be the close of business on the fifteenth calendar day preceding the applicable Interest Payment Date, whether or not a Business Day 

(b) If an Interest Payment Date, redemption date or the Stated Maturity of the Junior Subordinated Notes falls on a day that is not a Business
Day, the payment of interest and principal will be made on the next succeeding Business Day, and no interest on such payment will accrue for the period from and after the Interest Payment Date, redemption date or the Stated Maturity, as applicable.

 2.6 Events of Default. An Event of Default as defined in the Base Indenture shall be an Event of Default with respect to the
Junior Subordinated Notes provided that the nonpayment of interest for so long as and to the extent that interest is permitted to be deferred pursuant to Article IV herein shall not be deemed to be a default in the payment of interest for the
purposes of Article VI of the Base Indenture and shall not otherwise be deemed an Event of Default with respect to the Junior Subordinated Notes. For the avoidance of doubt, and without prejudice to any other remedies that may be available to the
Series Trustee or the holders of the Junior Subordinated Notes, no breach by the Company of any covenant or obligation under the Indenture or the terms of the Junior Subordinated Notes shall be an Event of Default except those that are specifically
identified as an Event of Default under the Base Indenture. 
 2.7 No Defeasance; No Sinking Fund. The provisions of
Section 12.5 of the Base Indenture shall not apply to the Junior Subordinated Notes, and the Junior Subordinated Notes shall not be subject to any sinking fund. 

ARTICLE III 
 REDEMPTION
OF THE JUNIOR SUBORDINATED NOTES 
 3.1 Optional Redemption by Company. The Company shall have the option to redeem the Junior
Subordinated Notes: 
 (a) in whole or in part on one or more occasions on or after July 30, 2021 at a redemption price equal to 100%
of the outstanding principal amount of the Junior Subordinated Notes being redeemed, plus accrued and unpaid interest through, but not including, the redemption date; 

(b) in whole, but not in part, at any time before July 30, 2021 at a redemption price equal to 100% of the outstanding principal amount
of the Junior Subordinated Notes being redeemed, plus accrued and unpaid interest through, but not including, the redemption date, upon the occurrence of a Tax Event; and 

(c) in whole, but not in part, on one or more occasions before July 30, 2021 at a redemption price equal to 102% of the outstanding
principal amount of the Junior Subordinated Notes being redeemed, plus accrued and unpaid interest through, but not including, the redemption date, at any time within 90 days after the conclusion of any review or appeal process instituted by the
Company following the occurrence and continuation of a Rating Agency Event. 
 The applicable redemption price shall be paid prior to 2:30 p.m., New York
City time, on the date of such redemption, provided that the Company shall deposit with the Series Trustee an amount sufficient to pay the applicable redemption price by 10:00 a.m., New York City time, on the date such redemption price is to be
paid. The Company will, in an Officers’ Certificate, notify the Series Trustee of the amount of any applicable redemption price promptly after the calculation thereof, and the Series Trustee will not be responsible for such calculation. 

  
 5 

 3.2 Notice of Redemption. Subject to Article III of the Base Indenture, notice of any
redemption pursuant to this Article III will be mailed not less than 20 days nor more than 60 days prior to the redemption date to each holder of Junior Subordinated Notes to be redeemed at such holder’s registered address. Unless the Company
defaults in payment of the applicable redemption price, on and after the redemption date interest shall cease to accrue on such Junior Subordinated Notes called for redemption. 

ARTICLE IV 
 OPTION TO
DEFER INTEREST PAYMENTS 
 4.1 Option to Defer Interest Payments. So long as there is no Event of Default with respect to the
Junior Subordinated Notes under the Indenture, the Company, at its option, may, on one or more occasions, defer payment of all or part of the current and accrued interest otherwise due on the Junior Subordinated Notes for a period of up to 10
consecutive years (each period, commencing on the date that the first such interest payment would otherwise have been made, an “Optional Deferral Period”). A deferral of interest payments may not end on a date other than an Interest
Payment Date and may not extend beyond the Stated Maturity of the Junior Subordinated Notes, and the Company may not begin a new Optional Deferral Period and may not pay current interest on the Junior Subordinated Notes until it has paid all accrued
interest on the Junior Subordinated Notes from the previous Optional Deferral Period. Such accrued interest shall be payable to the persons in whose names the Junior Subordinated Notes are registered at the close of business on the Record Date next
preceding such Interest Payment Date. 
 Any deferred interest on the Junior Subordinated Notes will accrue Additional Interest as provided
for in Section 2.5(a) above. Once the Company pays all deferred interest payments on the Junior Subordinated Notes, including any Additional Interest accrued on the deferred interest, it shall be entitled to again defer interest payments on the
Junior Subordinated Notes as described above, but not beyond the Stated Maturity of the Junior Subordinated Notes. 
 Unless the Company has
paid all accrued and payable interest on the Junior Subordinated Notes and is not deferring any interest payments on the Junior Subordinated Notes at such time, it will not and its Subsidiaries shall not do any of the following: 

 

	 	(i)	declare or pay any dividends or distributions, or redeem, purchase, acquire, or make a liquidation payment on any of the Company’s capital stock; 

 

	 	(ii)	make any payment of principal of, or interest or premium, if any, on or repay, repurchase or redeem any of the Company’s debt securities that rank on a parity with or junior to the Junior Subordinated Notes
(including debt securities of other series issued under the Base Indenture); or 

  

	 	(iii)	make any guarantee payments on any guarantee of debt securities if the guarantee ranks on a parity with or junior to the Junior Subordinated Notes. 

However, the foregoing provisions shall not prevent or restrict the Company from making: 

(a) purchases, redemptions or other acquisitions of its capital stock in connection with any employment contract, benefit plan or other
similar arrangement with or for the benefit of employees, officers, directors, agents or consultants or a stock purchase or dividend reinvestment plan, or the satisfaction of its obligations pursuant to any contract or security outstanding on the
date that the payment of interest is deferred requiring it to purchase, redeem or acquire its capital stock; 
 (b) any payment, repayment,
redemption, purchase, acquisition or declaration of dividend described in clause (i) above as a result of a reclassification of its capital stock, or the exchange or conversion of all or a portion of one class or series of its capital stock for
another class or series of its capital stock; 

  
 6 

 (c) the purchase of fractional interests in shares of its capital stock pursuant to the
conversion or exchange provisions of its capital stock or the security being converted or exchanged, or in connection with the settlement of stock purchase contracts outstanding on the date that the payment of interest is deferred or with any split,
reclassification or similar transaction; 
 (d) dividends or distributions paid or made in its capital stock (or rights to acquire its
capital stock), or repurchases, redemptions or acquisitions of capital stock in connection with the issuance or exchange of capital stock (or of securities convertible into or exchangeable for shares of its capital stock) and distributions in
connection with the settlement of stock purchase contracts outstanding on the date that the payment of interest is deferred; 
 (e)
redemptions, exchanges or repurchases of, or with respect to, any rights outstanding under a shareholder rights plan outstanding on the date that the payment of interest is deferred or the declaration or payment thereunder of a dividend or
distribution of or with respect to rights in the future; 
 (f) payments on the Junior Subordinated Notes, any trust preferred securities,
subordinated debentures, junior subordinated debentures or junior subordinated notes, or any guarantees of any of the foregoing, in each case that rank equal in right of payment to the Junior Subordinated Notes, so long as the amount of payments
made on account of such securities or guarantees is paid on all such securities and guarantees then outstanding on a pro rata basis in proportion to the full payment to which each series of such securities and guarantees is then entitled if paid in
full; 
 (g) any payment of deferred interest or principal on, or repayment, redemption or repurchase of, parity securities that, if not
made, would cause the Company to breach the terms of the instrument governing such parity securities; or 
 (h) make any regularly scheduled
dividend or distribution payments declared prior to the date that the applicable Optional Deferral Period commences. 
 4.2 Notice of
Deferral. The Company shall give the Series Trustee written notice of its election to begin an Optional Deferral Period at least one Business Day before the Record Date for the next Interest Payment Date, which notice shall contain an
instruction for the Series Trustee to forward such notice to the holders of the Junior Subordinated Notes. However, the Company’s failure to pay interest on any Interest Payment Date will itself constitute the commencement of an Optional
Deferral Period unless the Company pays such interest payment within five Business Days after the Interest Payment Date, whether or not the Company provides a notice of deferral. 

ARTICLE V 
 FORM OF
JUNIOR SUBORDINATED NOTE 
 5.1 Form of Junior Subordinated Note. The Junior Subordinated Notes and the Series Trustee’s
Certificate of Authentication to be endorsed thereon are to be substantially in the form attached hereto as Exhibit A. 
 ARTICLE VI

 ORIGINAL ISSUE OF JUNIOR SUBORDINATED NOTES 

6.1 Original Issue of Junior Subordinated Notes. Junior Subordinated Notes in the initial aggregate principal amount of up to
$800,000,000 may be executed by an Officer of the Company and delivered to the Series Trustee for authentication by it, and the Series Trustee shall thereupon authenticate and deliver said Junior Subordinated Notes to or upon the written order of
the Company in accordance with the terms of the Base Indenture. For the avoidance of doubt, no corporate seal or attestation shall be required for the Company’s due execution of the Junior Subordinated Notes. 

ARTICLES VII 
 THE SERIES
TRUSTEE 
 7.1 Appointment of Series Trustee. Pursuant to the Base Indenture and pursuant to this Tenth Supplemental Indenture,
the Company hereby appoints the Series Trustee as Trustee under the Base Indenture with 

  
 7 

 
respect to the Junior Subordinated Notes, and by execution hereof the Series Trustee accepts such appointment. Pursuant to the Base Indenture, all the rights, powers, trusts and duties of the
Original Trustee under the Base Indenture shall be vested in the Series Trustee with respect to the Junior Subordinated Notes, there shall continue to be vested in the Original Trustee all of its rights, powers, trusts and duties as Trustee under
the Base Indenture with respect to all of the series of Securities as to which it has served and continues to serve as Trustee, and the Original Trustee shall have no rights, powers, trusts and duties with respect to the Junior Subordinated Notes.

 7.2 Eligibility of Series Trustee. The Series Trustee hereby represents that it is qualified and eligible under Section 7.9
of the Base Indenture and the provisions of the Trust Indenture Act to accept its appointment as Trustee with respect to the Junior Subordinated Notes under the Base Indenture and hereby accepts the appointment as such Trustee. 

7.3 Security Registrar and Paying Agent. Pursuant to the Base Indenture, the Company hereby appoints Deutsche Bank Trust Company
Americas as registrar and “Paying Agent” with respect to the Junior Subordinated Notes. 
 7.4 Concerning the Trustees.
Neither the Original Trustee nor the Series Trustee assumes any duties, responsibilities or liabilities by reason of this Tenth Supplemental Indenture other than as set forth in the Base Indenture or (with respect to the Series Trustee) as expressly
set forth herein and, in carrying out its responsibilities hereunder, each shall have all of the rights, powers, privileges, protections, duties and immunities which it possesses under the Base Indenture. The Original Trustee and the Series Trustee
shall not constitute co-trustees of the same trust, and each of the Original Trustee and the Series Trustee shall be trustee of a trust or trusts under the Base Indenture separate and apart from any trust or trusts under the Base Indenture
administered by the other trustee. The Original Trustee shall have no liability for any acts or omissions of the Series Trustee and the Series Trustee shall have no liability for any acts or omissions of the Original Trustee. 

References in this Tenth Supplemental Indenture to sections of the Base Indenture that require or permit actions by the Original Trustee with
respect to Securities of the series established hereby shall be deemed to require or permit actions only by the Series Trustee and the Original Trustee shall have no responsibility therefor. 

7.5 Patriot Act Requirements of Series Trustee. In order to comply with the laws, rules, regulations and executive orders in effect
from time to time applicable to banking institutions, including, without limitation, those relating to the funding of terrorist activities and money laundering, including Section 326 of the USA PATRIOT Act of the United States (“Applicable
AML Law”), the Series Trustee is required to obtain, verify, record and update certain information relating to individuals and entities which maintain a business relationship with the Series Trustee. Accordingly, the Company agrees to provide
to the Series Trustee, upon its request from time to time such identifying information and documentation as may be available for such party in order to enable the Series Trustee to comply with Applicable AML Law. 

7.6 Notice upon Series Trustee. Any notice, direction, request, demand, consent or waiver by the Company or any holder to or upon the
Series Trustee, registrar or Paying Agent for the Junior Subordinated Notes shall be deemed to have been sufficiently given, made or filed, for all purposes, if given, made or filed in writing at the Corporate Trust Office of the Series Trustee.

 ARTICLE VIII 

MISCELLANEOUS 
 8.1
Modification of Indenture without Consent of Holders. In addition to subsections (a) through (i) of Section 10.1 of the Base Indenture, without the consent of any Holders of a Junior Subordinated Note, the Company and the Series
Trustee may amend the Junior Subordinated Notes, the Base Indenture (in so far as it relates to the Junior Subordinated Notes) and this Tenth Supplemental Indenture to conform the provisions thereof or hereof to the descriptions thereof or hereof
contained in the prospectus supplement dated July 12, 2016 for the Junior Subordinated Notes under the heading “Description of the Junior Subordinated Notes.” 

  
 8 

 8.2 Ratification of Indenture; Tenth Supplemental Indenture Controls. The Base Indenture,
as supplemented and (solely for purposes of the Junior Subordinated Notes) amended by this Tenth Supplemental Indenture, is in all respects ratified and confirmed, and this Tenth Supplemental Indenture shall be deemed part of the Base Indenture in
the manner and to the extent herein and therein provided. The provisions of this Tenth Supplemental Indenture shall supersede the provisions of the Base Indenture to the extent the Base Indenture is inconsistent herewith. 

8.3 Recitals. The recitals herein contained are made by the Company only and not by the Original Trustee or the Series Trustee, and
neither the Original Trustee nor the Series Trustee assumes any responsibility for the correctness thereof. Neither the Original Trustee nor the Series Trustee makes any representation as to the validity or sufficiency of this Tenth Supplemental
Indenture or the terms or provisions hereof. All of the provisions contained in the Base Indenture in respect of the rights, powers, privileges, protections, duties and immunities of the Original Trustee, including, without limitation, its right to
be indemnified, shall be applicable, but only to the Series Trustee in respect of the Junior Subordinated Notes and of this Tenth Supplemental Indenture (to the extent relating to the Junior Subordinated Notes) as fully and with like effect as if
set forth herein in full. The Series Trustee shall not be responsible for the due execution hereof by the Company or the consequences of any amendment herein provided for, and the Series Trustee makes no representation as to such matters. 

8.4 Governing Law. This Tenth Supplemental Indenture and each Junior Subordinated Note shall be deemed to be a contract made under the
internal laws of the State of New York, and for all purposes shall be governed by and construed in accordance with the laws of said State, without regard to the conflicts of law principles thereof. 

8.5 Separability. In case any one or more of the provisions contained in this Tenth Supplemental Indenture or in the Junior
Subordinated Notes shall for any reason be held to be invalid, illegal or unenforceable in any respect, such invalidity, illegality or unenforceability shall not affect any other provisions of this Tenth Supplemental Indenture or of the Junior
Subordinated Notes, but this Tenth Supplemental Indenture and the Junior Subordinated Notes shall be construed as if such invalid or illegal or unenforceable provision had never been contained herein or therein. 

8.6 Counterparts. This Tenth Supplemental Indenture may be executed in any number of counterparts each of which shall be an original;
but such counterparts shall together constitute but one and the same instrument. The exchange of copies of this Tenth Supplemental Indenture and of signature pages by facsimile or PDF transmission shall constitute effective execution and delivery of
this Tenth Supplemental Indenture as to the parties hereto and may be used in lieu of the original Tenth Supplemental Indenture for all purposes. Signatures of the parties hereto transmitted by facsimile or PDF shall be deemed to be their original
signatures for all purposes. 
 [Signature Page Follows] 

  
 9 

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

			
	DOMINION RESOURCES, INC.
		
	By:	 	   /s/ James R. Chapman

	Name:	 	James R. Chapman
	Title:	 	Senior Vice President – Mergers & Acquisitions and Treasurer
	
	DEUTSCHE BANK TRUST COMPANY AMERICAS, as Series Trustee
		
	By:	 	 /s/ Carol Ng

		 	Name: Carol Ng
		 	Title: Vice President
		
	By:	 	 /s/ Li Jiang

		 	Name: Li Jiang
		 	Title Vice President

 EXHIBIT A 

FORM OF 
 2016 SERIES A
5.25% ENHANCED JUNIOR SUBORDINATED NOTE 
 DUE 2076 

[THIS NOTE IS A GLOBAL NOTE WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF A DEPOSITARY OR A
NOMINEE OF A DEPOSITARY. THIS NOTE IS EXCHANGEABLE FOR JUNIOR SUBORDINATED NOTES REGISTERED IN THE NAME OF A PERSON OTHER THAN THE DEPOSITARY OR ITS NOMINEE ONLY IN THE LIMITED CIRCUMSTANCES DESCRIBED IN THE INDENTURE, AND NO TRANSFER OF THIS NOTE
(OTHER THAN A TRANSFER OF THIS NOTE AS A WHOLE BY THE DEPOSITARY TO A NOMINEE OF THE DEPOSITARY OR BY A NOMINEE OF THE DEPOSITARY TO THE DEPOSITARY OR ANOTHER NOMINEE OF THE DEPOSITARY) MAY BE REGISTERED EXCEPT IN SUCH LIMITED CIRCUMSTANCES.]* 

[UNLESS THIS NOTE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY (55 WATER STREET, NEW YORK, NEW YORK) TO THE
ISSUER OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY NOTE ISSUED IS REGISTERED IN THE NAME OF [CEDE & CO.] OR SUCH OTHER NAME AS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY AND ANY
PAYMENT HEREON IS MADE TO [CEDE & CO.], ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY A PERSON IS WRONGFUL SINCE THE REGISTERED OWNER HEREOF, [CEDE & CO.], HAS AN INTEREST HEREIN.]* 

THE NOTES EVIDENCED HEREBY WILL BE ISSUED, AND MAY BE TRANSFERRED, ONLY IN MINIMUM DENOMINATIONS OF $25 AND INTEGRAL MULTIPLES OF $25 IN
EXCESS THEREOF. ANY ATTEMPTED TRANSFER, SALE OR OTHER DISPOSITION OF NOTES IN A DENOMINATION OF LESS THAN $25 SHALL BE DEEMED TO BE VOID AND OF NO LEGAL EFFECT WHATSOEVER. ANY SUCH TRANSFEREE SHALL BE DEEMED NOT TO BE THE HOLDER OF SUCH NOTES FOR
ANY PURPOSE, INCLUDING BUT NOT LIMITED TO THE RECEIPT OF PAYMENTS IN RESPECT OF SUCH NOTES, AND SUCH TRANSFEREE SHALL BE DEEMED TO HAVE NO INTEREST WHATSOEVER IN SUCH NOTES. 
  

 

	*	Insert in Global Notes. 

  
 A-1 

 DOMINION RESOURCES, INC. 

[Up to]* $[    ] ([    ] Units) 

2016 SERIES A 5.25% ENHANCED JUNIOR SUBORDINATED NOTE DUE 2076 

Dated: [            ] [    ], 20[    ]

  

					
	NUMBER R-[    ]	 		  	CUSIP NO: 25746U844

 Registered Holder:
[                    ] 
 DOMINION
RESOURCES, INC., a corporation duly organized and existing under the laws of the Commonwealth of Virginia (herein referred to as the “Company,” which term includes any successor corporation under the Indenture hereinafter referred to), for
value received, hereby promises to pay to the Registered Holder named above, the principal sum [of [    ] Dollars]** [specified in the Schedule of Increases or Decreases annexed hereto]* on July 30, 2076 (the “Stated
Maturity”). The Company further promises to pay to the Registered Holder of this note (the “Note”) as hereinafter provided interest on said principal sum (subject to deferral as set forth herein) at the rate of 5.25% per annum
quarterly in arrears on January 30, April 30, July 30 and October 30 of each year (each an “Interest Payment Date”), commencing October 30, 2016, from the Interest Payment Date next preceding the date
hereof to which interest has been paid or duly provided for (unless (i) no interest has yet been paid or duly provided for on this Note, in which case from July 19, 2016, or (ii) the date hereof is before an Interest Payment Date but
after the related Record Date (as defined below), in which case from such following Interest Payment Date; provided, however, that if the Company shall default in payment of the interest due on such following Interest Payment Date, then from the
next preceding Interest Payment Date to which interest has been paid or duly provided for or if no interest has yet been paid or duly provided for on this Note, in which case from July 19, 2016), until the principal hereof is paid or duly
provided for, plus (b) Additional Interest, as defined in the Tenth Supplemental Indenture, to the extent permitted by applicable law, on any interest payment that is not made on the applicable Interest Payment Date, which shall accrue at the
rate per annum borne by this Note, compounded quarterly. 
 The interest so payable will, subject to certain exceptions provided in the
Indenture hereinafter referred to, be paid to the person in whose name this Note is registered at the close of business on the Record Date next preceding such Interest Payment Date. The Record Date shall be the close of business on the Business Day
next preceding the Interest Payment Date, unless this Note is registered to a holder other than The Depository Trust Company or a nominee of The Depository Trust Company, in which case the Record Date will be the close of business on the fifteenth
calendar day preceding such Interest Payment Date whether or not a Business Day. 
 The amount of interest payable for any period will be
computed on the basis of a 360-day year of twelve 30-day months. 
 If an Interest Payment Date, redemption date or the Stated Maturity of
the Junior Subordinated Notes falls on a day that is not a Business Day, the payment of interest and principal will be made on the next succeeding Business Day, and no interest on such payment will accrue for the period from and after the Interest
Payment Date, redemption date or the Stated Maturity, as applicable. 
 At the Company’s option, so long as there is no Event of
Default with respect to the Junior Subordinated Notes under the Indenture, it may, on one or more occasions, defer payment of all or part of the current and accrued interest otherwise due on the Junior Subordinated Notes for a period of up to 10
consecutive years (each period, commencing on the date that the first such interest payment would otherwise have been made, an “Optional Deferral Period”). A deferral of interest payments may not extend beyond the Stated Maturity of the
Junior Subordinated Notes, and the Company may not begin a new Optional Deferral Period and may not pay current interest on the Junior Subordinated Notes until it has paid all accrued interest on the Junior Subordinated Notes from the previous
Optional Deferral Period. 
  
  

	*	Insert in Global Notes. 

	**	Insert in Notes other than Global Notes. 

  
 A-2 

 Any deferred interest on the Junior Subordinated Notes will accrue Additional Interest as
provided for in the Tenth Supplemental Indenture. Once the Company pays all deferred interest payments on the Junior Subordinated Notes, including any Additional Interest accrued on the deferred interest, it shall be entitled to again defer interest
payments on the Junior Subordinated Notes as described above, but not beyond the Stated Maturity of the Junior Subordinated Notes. 
 Unless
the Company has paid all accrued and payable interest on the Junior Subordinated Notes and is not deferring any interest payments on the Junior Subordinated Notes at such time, it will not and its Subsidiaries shall not do any of the following: 

 

	 	(i)	declare or pay any dividends or distributions, or redeem, purchase, acquire, or make a liquidation payment on any of the Company’s capital stock; 

 

	 	(ii)	make any payment of principal of, or interest or premium, if any, on or repay, repurchase or redeem any of the Company’s debt securities that rank on a parity with or junior to the Junior Subordinated Notes
(including debt securities of other series issued under the Base Indenture); or 

  

	 	(iii)	make any guarantee payments on any guarantee of debt securities if the guarantee ranks on a parity with or junior to the Junior Subordinated Notes. 

However, the foregoing provisions shall not prevent or restrict the Company from making: 

(a) purchases, redemptions or other acquisitions of its capital stock in connection with any employment contract, benefit plan or other
similar arrangement with or for the benefit of employees, officers, directors, agents or consultants or a stock purchase or dividend reinvestment plan, or the satisfaction of its obligations pursuant to any contract or security outstanding on the
date that the payment of interest is deferred requiring it to purchase, redeem or acquire its capital stock; 
 (b) any payment, repayment,
redemption, purchase, acquisition or declaration of dividend described in clause (i) above as a result of a reclassification of its capital stock, or the exchange or conversion of all or a portion of one class or series of its capital stock for
another class or series of its capital stock; 
 (c) the purchase of fractional interests in shares of its capital stock pursuant to the
conversion or exchange provisions of its capital stock or the security being converted or exchanged, or in connection with the settlement of stock purchase contracts outstanding on the date that the payment of interest is deferred or with any split,
reclassification or similar transaction; 
 (d) dividends or distributions paid or made in its capital stock (or rights to acquire its
capital stock), or repurchases, redemptions or acquisitions of capital stock in connection with the issuance or exchange of capital stock (or of securities convertible into or exchangeable for shares of its capital stock) and distributions in
connection with the settlement of stock purchase contracts outstanding on the date that the payment of interest is deferred; 
 (e)
redemptions, exchanges or repurchases of, or with respect to, any rights outstanding under a shareholder rights plan outstanding on the date that the payment of interest is deferred or the declaration or payment thereunder of a dividend or
distribution of or with respect to rights in the future; 
 (f) payments on the Junior Subordinated Notes, any trust preferred securities,
subordinated debentures, junior subordinated debentures or junior subordinated notes, or any guarantees of any of the foregoing, in each case that rank equal in right of payment to the Junior Subordinated Notes, so long as the amount of payments
made on account of such securities or guarantees is paid on all such securities and guarantees then outstanding on a pro rata basis in proportion to the full payment to which each series of such securities and guarantees is then entitled if paid in
full; 
 (g) any payment of deferred interest or principal on, or repayment, redemption or repurchase of, parity securities that, if not
made, would cause the Company to breach the terms of the instrument governing such parity securities; or 
 (h) make any regularly scheduled
dividend or distribution payments declared prior to the date that the applicable Optional Deferral Period commences. 

  
 A-3 

 The Company shall give the Series Trustee written notice of its election to begin an Optional
Deferral Period at least one Business Day before the Record Date for the next Interest Payment Date, which notice shall contain an instruction for the Series Trustee to forward such notice to the holders of the Junior Subordinated Notes. However,
the Company’s failure to pay interest on any Interest Payment Date will itself constitute the commencement of an Optional Deferral Period unless the Company pays such interest payment within five Business Days after the Interest Payment Date,
whether or not the Company provides a notice of deferral. 
 This Note may be presented for payment of principal and interest at the
principal corporate trust office of the Paying Agent; provided, however, that payment of interest may be made at the option of the Company (i) by check mailed to such address of the person entitled thereto as the address shall appear on the
Register or (ii) by transfer to an account maintained by the Person entitled thereto as specified in the Register, provided that proper transfer instructions have been received by the Record Date. 

The Notes of this series shall have an initial aggregate principal amount of up to $800,000,000. 

The Notes evidenced by this Certificate may be transferred or exchanged only in minimum denominations of $25 and integral multiples of $25 in
excess thereof, and any attempted transfer, sale or other disposition of Notes in a denomination of less than $25 shall be deemed to be void and of no legal effect whatsoever. 

The indebtedness of the Company evidenced by this Note, including the principal hereof and interest hereon, is, to the extent and in the
manner set forth in the Indenture, subordinate and junior in right of payment to the Company’s obligations to holders of Priority Indebtedness of the Company and each holder of this Note, by acceptance hereof, agrees to and shall be bound by
such provisions of the Indenture and all other provisions of the Indenture. 
 This Note shall not be entitled to any benefit under the
Indenture, or be valid or become obligatory for any purpose, until the certificate of authentication hereon shall have been signed by or on behalf of the Series Trustee under the Indenture. 

  
 A-4 

 IN WITNESS WHEREOF, DOMINION RESOURCES, INC. has caused this instrument to be duly executed. 

 

			
	DOMINION RESOURCES, INC.
		
	By:	 	  

		 	    Name:
		 	    Title:

 TRUSTEE’S CERTIFICATE OF AUTHENTICATION 

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

 

							
	Dated:	 		 	DEUTSCHE BANK TRUST COMPANY AMERICAS, as Series Trustee
				
		 		 	By:	 	  

		 		 		 	    Authorized Signatory

  

  
 A-5 

 REVERSE OF NOTE 

This Security is one of a duly authorized issue of securities of the Company (herein called the “Securities”), issued and to be
issued in one or more series pursuant to the Junior Subordinated Indenture II, dated as of June 1, 2006, as heretofore supplemented and amended, between the Company and The Bank of New York Mellon (successor to JPMorgan Chase Bank, N.A.)
(herein called the “Original Trustee”), as supplemented and amended by the Third Supplemental and Amending Indenture dated as of June 1, 2009 (as so amended, the “Base Indenture”), by and among the Company, the Original
Trustee and Deutsche Bank Trust Company Americas, as Series Trustee, as further supplemented and amended by a Tenth Supplemental Indenture dated as of July 1, 2016 by and between the Company and Deutsche Bank Trust Company Americas, as Trustee
of the series of Securities established thereby (herein called the “Series Trustee,” which term includes any successor series trustee for the Junior Subordinated Notes under the Indenture) (the “Tenth Supplemental Indenture” and
together with the Base Indenture, as it may be hereafter supplemented or amended from time to time, the “Indenture”). Reference is hereby made to the Indenture for a statement of the respective rights, limitations of rights, duties and
immunities thereunder of the Company, the Original Trustee, the Series Trustee and the Holders (the word “Holder” or “Holders” meaning the registered holder or registered holders) of the Notes. This Security is one of the series
designated on the face hereof (the “Junior Subordinated Notes”) which is unlimited in aggregate principal amount. 
 Capitalized
terms used herein but not defined herein shall have the respective meanings assigned thereto in the Indenture. 
 As provided in and subject
to the provisions in the Indenture, the Company shall have the option to redeem the Junior Subordinated Notes: 
 (a) in whole or in part on
one or more occasions on or after July 30, 2021 at a redemption price equal to 100% of the outstanding principal amount of the Junior Subordinated Notes being redeemed, plus accrued and unpaid interest through, but not including, the redemption
date; 
 (b) in whole, but not in part, at any time before July 30, 2021 at a redemption price equal to 100% of the outstanding
principal amount of the Junior Subordinated Notes being redeemed, plus accrued and unpaid interest through, but not including, the redemption date, upon the occurrence of a Tax Event; and 

(c) in whole, but not in part, on one or more occasions before July 30, 2021 at a redemption price equal to 102% of the outstanding
principal amount of the Junior Subordinated Notes being redeemed, plus accrued and unpaid interest through, but not including, the redemption date, at any time within 90 days after the conclusion of any review or appeal process instituted by us
following the occurrence and continuation of a Rating Agency Event. 
 In the case an Event of Default, as defined in the Indenture, shall
have occurred and be continuing, the principal of all of the Junior Subordinated Notes may be declared, and upon such declaration shall become, due and payable, in the manner, with the effect and subject to the conditions provided in the Indenture.

 Any consent or waiver by the Holder of this Note given as provided in the Indenture (unless effectively revoked as provided in the
Indenture) shall be conclusive and binding upon such Holder and upon all future Holders of this Note and of any Junior Subordinated Notes issued in exchange, registration of transfer, or otherwise in lieu hereof irrespective of whether any notation
of such consent or waiver is made upon this Note or such other Junior Subordinated Notes. No reference herein to the Indenture and no provision of this Note or of the Indenture shall alter or impair the obligation of the Company, which is absolute
and unconditional, to pay the principal of and interest on this Note, at the places, at the respective times, at the rates and in the coin or currency herein prescribed. 

As provided in the Indenture and subject to certain limitations therein set forth, the transfer of this Note may be registered on the Register
of the Junior Subordinated Notes upon surrender of this Note for registration of transfer at the offices maintained by the Company or its agent for such purpose, duly endorsed by the Holder hereof or his attorney duly authorized in writing, or
accompanied by a written instrument of transfer in form satisfactory to the Company and the Securities registrar duly executed by the Holder hereof or his attorney duly authorized in writing, but without payment of any charge other than a sum
sufficient to reimburse the Company for any tax or other governmental charge incident thereto. Upon any such registration of transfer, a new Junior Subordinated Note or Notes of authorized denomination or denominations for the same aggregate
principal amount will be issued to the transferee in exchange herefor. 

  
 A-6 

 Prior to due presentment for registration of transfer of this Note, the Company, the Trustee, and
any agent of the Company or the Trustee may deem and treat the person in whose name this Note shall be registered upon the Register of the Notes of this series as the absolute owner of this Note (whether or not this Note shall be overdue and
notwithstanding any notation of ownership or other writing hereon) for the purpose of receiving payment of or on account of the principal hereof and, subject to the provisions on the face hereof, interest due hereon and for all other purposes; and
neither the Company nor the Trustee nor any such agent shall be affected by any notice to the contrary. 
 No recourse shall be had for the
payment of the principal of or interest on this Note, or for any claim based hereon or otherwise in respect hereof, or based on or in respect of the Indenture, against any stockholder, officer, director or employee, as such, past, present or future,
of the Company or of any successor corporation, either directly or through the Company, whether by virtue of any constitution, statute or rule of law, or by the enforcement of any assessment or penalty or otherwise, all such liability being, by the
acceptance hereof and as a part of the consideration for the issue hereof, expressly waived and released. 
 By acceptance of this Note or a
beneficial interest in this Note, each Holder hereof and any Person acquiring a beneficial interest herein, for United States federal, state and local tax purposes, agrees to treat this Note as indebtedness and to take other positions for such tax
purposes as set forth in the Tenth Supplemental Indenture. 
 This Note shall be deemed to be a contract made under the laws of the State of
New York (without regard to conflicts of laws principles thereof) and for all purposes shall be governed by, and construed in accordance with, the laws of said State. 

  
 A-7 

 ASSIGNMENT 

FOR VALUE RECEIVED, the undersigned hereby sell(s) and transfer(s) unto 

 

			
	  
	 	.

 (please insert Social Security or other identifying number of assignee) 

 

			
	  
	 	.

  

			
	  
	 	.

  

			
	  
	 	.

 PLEASE PRINT OR TYPEWRITE NAME AND ADDRESS, INCLUDING POSTAL ZIP CODE OF ASSIGNEE 

the within Note and all rights thereunder, hereby irrevocably constituting and appointing 

 

			
	  
	 	.

  

			
	  
	 	.

  

			
	  
	 	.

  

			
	  
	 	.

  

			
	  
	 	.

  

			
	  
	 	.

 agent to transfer said Note on the books of the Company, with full power of substitution in the premises. 

Dated:                     
    ,              
  

                       
                                         
                 
 NOTICE: The signature to this assignment must
correspond with the name as written upon the face of the within instrument in every particular without alteration or enlargement, or any change whatever. 

  
 A-8 

 SCHEDULE OF INCREASES OR DECREASES 

The initial principal amount of this Note is: $ 

Changes to Principal Amount of Global Note 
  

							
	
        Date        

	  	 Principal Amount by which this

Note is to be Decreased or

Increased and the Reason for the

Decrease or Increase
	  	Remaining
Principal
Amount
of this
Note	  	Signature
of
Authorized
Officer of
Series
Trustee

  
 A-9

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