Document:

exv10w1

 

Exhibit 10.1

Execution Copy

FIRST AMENDMENT TO AMENDED AND RESTATED LICENSE AGREEMENT

     This First Amendment to Amended and Restated License Agreement (this “Amendment”) is entered
into effective as of June 13, 2007 (the “Amendment Date”) by and between Ramot at Tel Aviv
University, Company Registration No. 51-066714-0, a corporation duly-organized and existing under
the laws of the State of Israel (“Ramot”) and EPIX Pharmaceuticals, Inc., a corporation
duly-organized and validly existing under the laws of the State of Delaware, as
successor-in-interest to Predix Pharmaceuticals Holdings, Inc. (“EPIX”; Ramot and EPIX are
hereinafter each a “Party” and are collectively the “Parties”).

     WHEREAS, the Parties entered into that certain Amended and Restated License Agreement dated
May 20, 2004 (the “Agreement”); and

     WHEREAS, the Parties now desire to amend the Agreement as set forth herein.

     NOW, THEREFORE, in consideration of the foregoing, and other good and valuable consideration,
the receipt and sufficiency of which are hereby acknowledged, the Parties hereby agree as follows.

     1. Definitions. Capitalized terms used but not defined herein shall have the meaning
ascribed to them in the Agreement.

     2. Amendment of Agreement. Effective as of the Amendment Date, Section 1.26 of the
Agreement is hereby deleted in its entirety and replaced with the following text:

“1.26 “Sublicense Income” shall mean all amounts and other consideration received by
EPIX or an Affiliate of EPIX, in connection with a Sublicense, excluding loans given at
prevailing market conditions, research funding specifically committed to cover costs actually
incurred by EPIX in the research and development of Licensed Products under and in accordance
with detailed budgets and workplans included in bona-fide sublicense agreements with
Sublicensees solely to the extent such funding does not exceed the actual cost of performing the
research (if reimbursement exceeds such costs only the excess amount will be “Sublicense
Income”) and equity investments in EPIX to the extent made at fair market value (if the
investment exceeds the fair market value, only the excess amount will be “Sublicense Income”);
provided that in the event that EPIX or an Affiliate of EPIX receives non-monetary consideration
in connection with any such Sublicense or in the case of transactions not at arm’s length,
Sublicense Income shall be calculated based on the fair market value of such consideration or
transaction, assuming an arm’s length transaction made in the ordinary course of business. For
purposes of this definition, the term “fair market value” with respect to EPIX equity means (i)
if EPIX stock is publicly traded on a national securities exchange (including the Nasdaq
National Market), the average closing price of such EPIX stock for the [********]
trading days prior to the [********] Sublicense or the Sublicensee’s equity investment
in EPIX, whichever is the first to occur; or (ii) if EPIX’s stock is only publicly

Portions of this Exhibit were omitted and have been filed separately with the Secretary of the Commission
pursuant to the Company’s application requesting confidential treatment under Rule 24b-2 of the Exchange Act; [*] denotes omissions.

 

 

traded in an over the counter market, the average of the closing bid and asking prices for such
stock for the [********] trading days prior to the [********] Sublicense or
the Sublicensee’s equity investment in EPIX, whichever is the first to occur, or (iii) if EPIX
stock is not publicly traded, the value of EPIX equity as determined in good faith by the Board
of Directors of EPIX taking into consideration the value most recently paid by a Third Party for
shares of such equity and any material events that have occurred subsequent to such purchase.
For the purpose of the foregoing definition, the term “EPIX stock” and “EPIX equity” shall
include the stock or equity of any permitted assignee of EPIX’s rights and obligations hereunder
pursuant to Section 11.3 of this Agreement.”

     3. Payments. Reference is made hereby to that certain Development and License
Agreement entered into among SmithKlineBeecham Corporation, doing business as GlaxoSmithKline,
Glaxo Group Limited and EPIX Pharmaceuticals, Inc. dated December 11, 2006 (the “GSK Agreement”).
The Parties hereby agree and acknowledge the purchase by GSK of seventeen million five hundred
thousand dollars ($17,500,000) worth of EPIX common stock in connection with the closing of the
transaction described in the GSK Agreement (the “Equity Investment”). Within thirty (30) days
following the Amendment Date, EPIX will pay Ramot [********] . The Parties agree that
such payment (together with the amount of [********] already paid to Ramot in connection
with the Equity Investment, receipt of which is hereby confirmed) shall constitute timely payment
in full under the Agreement of all amounts owed to Ramot in connection with the Equity Investment.

     4. Confirmation of Terms. The remainder of the Agreement shall continue in full force
and effect in accordance with its terms.

     IN WITNESS WHEREOF, the Parties have caused this Amendment to be executed by their
duly-authorized representatives as of the Amendment Date.

	 	 	 	 	 	 	 
	EPIX PHARMACEUTICALS, INC.	 	RAMOT AT TEL AVIV UNIVERSITY LTD.
	 
	 	 	 	 	 	 
	By:

	 	/s/ Kim C. Drapkin
	 	By:
	 	/s/ Yehuda Niv
	 

	 	 
	 	 	 	 
	 

	 	Name: Kim C. Drapkin
	 	 	 	Name: Yehuda Niv
	 

	 	Title: CFO
	 	 	 	Title: CEO
	 
	 	 	 	 	 	 
	 

	 	 	 	By:
	 	/s/ Ze’ev Weinfeld
	 

	 	 	 	 	 	 
	 

	 	 	 	 	 	Name: Ze’ev Weinfeld
	 

	 	 	 	 	 	Title: Executive Vice President

Business Development

Portions of this Exhibit were omitted and have been filed separately with the Secretary of the Commission
pursuant to the Company’s application requesting confidential treatment under Rule 24b-2 of the Exchange Act; [*] denotes omissions.STEALTHGAS INC.
	 

	 
		the Subsidiary Guarantors named
		herein
	 

	 
		and
	 

	 
		WELLS FARGO BANK, NATIONAL
		ASSOCIATION
	 

	 
		Trustee
	 

	 
		INDENTURE
	 

	 
		Dated as of _________ ___, 2007
	 

	 
		Senior Debt Securities
	 

	  

	  

	 
		 
	 

	 
	 

	 

	 
		 
	 

	 
			
				
				  Trust Indenture

				  Act Section
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Indenture Section
				

			 
	
				
				  § 310
				

			 	
				
				   
				

			 	
				
				  (a)(1)
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  6.10
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				  (a)(2)
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  6.10
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				  (a)(3)
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Not Applicable
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				  (a)(4)
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Not Applicable
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				  (a)(5)
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  6.10
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				  (b)
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  6.08
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  6.10
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				  (c)
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Not Applicable
				

			 
	
				
				  § 311
				

			 	
				
				   
				

			 	
				
				  (a)
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  6.11
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				  (b)
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  6.11
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				  (c)
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Not Applicable
				

			 
	
				
				  § 312
				

			 	
				
				   
				

			 	
				
				  (a)
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  7.01
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  7.02
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				  (b)
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  7.02
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				  (c)
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  7.02
				

			 
	
				
				  § 313
				

			 	
				
				   
				

			 	
				
				  (a)
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  6.06
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  7.03
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				  (b)
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  6.06
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  7.03
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				  (c)
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  6.06
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  7.03
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				  (d)
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  7.03
				

			 
	
				
				  § 314
				

			 	
				
				   
				

			 	
				
				  (a)
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  7.04
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				  (a)(4)
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  1.01
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  10.05
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				  (b)
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Not Applicable
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				  (c)(1)
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  10.2
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				  (c)(2)
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  10.2
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				  (c)(3)
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Not Applicable
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				  (d)
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Not Applicable
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				  (e)
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  10.2
				

			 
	
				
				  § 315
				

			 	
				
				   
				

			 	
				
				  (a)
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  6.01
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				  (b)
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  6.05
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				  (c)
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  6.01
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				  (d)
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  6.01
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				  (e)
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  5.14
				

			 
	
				
				  § 316
				

			 	
				
				   
				

			 	
				
				  (a)
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  10.1
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				  (a)(1)(A)
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  5.02
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  5.12
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				  (a)(1)(B)
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  5.13
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				  (a)(2)
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Not Applicable
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				  (b)
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  5.08
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				  (c)
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  10.4
				

			 
	
				
				  § 317
				

			 	
				
				   
				

			 	
				
				  (a)(1)
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  5.03
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				  (a)(2)
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  5.04
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				  (b)
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  10.03
				

			 
	
				
				  § 318
				

			 	
				
				   
				

			 	
				
				  (a)
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  1.08
				

			 

 

	 
		NOTE: This reconciliation and tie shall not,
		for any purpose, be deemed to be a part of the Indenture.
	 

	 
		 
	 

	 
		 
	 

	 
		2
	 

	 
		 
	 

	 
	 

	 

	 
		TABLE OF CONTENTS
	 

	 
		 
	 

	 
			
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Page
				

			 
	
				
				  ARTICLE I
				       DEFINITIONS
				  AND OTHER PROVISIONS OF GENERAL APPLICATION
				

			 	
				
				   
				

			 	
				
				  2
				

			 
	
				
				  Section 1.01
				

			 	
				
				   
				

			 	
				
				  Definitions
				

			 	
				
				   
				

			 	
				
				  2
				

			 
	
				
				  Section 1.02
				

			 	
				
				   
				

			 	
				
				  Compliance Certificates and
				  Opinions
				

			 	
				
				   
				

			 	
				
				  9
				

			 
	
				
				  Section 1.03
				

			 	
				
				   
				

			 	
				
				  Form of Documents Delivered to
				  Trustee
				

			 	
				
				   
				

			 	
				
				  9
				

			 
	
				
				  Section 1.04
				

			 	
				
				   
				

			 	
				
				  No Adverse Interpretation of Other
				  Agreements; Use of English Language
				

			 	
				
				   
				

			 	
				
				  10
				

			 
	
				
				  Section 1.05
				

			 	
				
				   
				

			 	
				
				  Acts of Holders; Record Dates

				

			 	
				
				   
				

			 	
				
				  10
				

			 
	
				
				  Section 1.06
				

			 	
				
				   
				

			 	
				
				  Notices, Etc., to Trustee, Company
				  and Subsidiary Guarantors
				

			 	
				
				   
				

			 	
				
				  12
				

			 
	
				
				  Section 1.07
				

			 	
				
				   
				

			 	
				
				  Notice to Holders; Waiver
				

			 	
				
				   
				

			 	
				
				  13
				

			 
	
				
				  Section 1.08
				

			 	
				
				   
				

			 	
				
				  Conflict with Trust Indenture
				  Act
				

			 	
				
				   
				

			 	
				
				  13
				

			 
	
				
				  Section 1.09
				

			 	
				
				   
				

			 	
				
				  Effect of Headings and Table of
				  Contents
				

			 	
				
				   
				

			 	
				
				  14
				

			 
	
				
				  Section 1.10
				

			 	
				
				   
				

			 	
				
				  Successors and Assigns
				

			 	
				
				   
				

			 	
				
				  14
				

			 
	
				
				  Section 1.11
				

			 	
				
				   
				

			 	
				
				  Separability Clause
				

			 	
				
				   
				

			 	
				
				  14
				

			 
	
				
				  Section 1.12
				

			 	
				
				   
				

			 	
				
				  Benefits of Indenture
				

			 	
				
				   
				

			 	
				
				  14
				

			 
	
				
				  Section 1.13
				

			 	
				
				   
				

			 	
				
				  Governing Law
				

			 	
				
				   
				

			 	
				
				  14
				

			 
	
				
				  Section 1.14
				

			 	
				
				   
				

			 	
				
				  Legal Holidays
				

			 	
				
				   
				

			 	
				
				  14
				

			 
	
				
				  Section 1.15
				

			 	
				
				   
				

			 	
				
				  Consent to Service;
				  Jurisdiction
				

			 	
				
				   
				

			 	
				
				  14
				

			 
	
				
				  ARTICLE
				  II     SECURITY
				  AND SUBSIDIARY GUARANTEE FORMS
				

			 	
				
				   
				

			 	
				
				  15
				

			 
	
				
				  Section 2.01
				

			 	
				
				   
				

			 	
				
				  Forms Generally
				

			 	
				
				   
				

			 	
				
				  15
				

			 
	
				
				  Section 2.02
				

			 	
				
				   
				

			 	
				
				  Form of Face of Security
				

			 	
				
				   
				

			 	
				
				  15
				

			 
	
				
				  Section 2.03
				

			 	
				
				   
				

			 	
				
				  Form of Reverse of Security
				

			 	
				
				   
				

			 	
				
				  17
				

			 
	
				
				  Section 2.04
				

			 	
				
				   
				

			 	
				
				  Form of Legend for Global
				  Securities
				

			 	
				
				   
				

			 	
				
				  22
				

			 
	
				
				  Section 2.05
				

			 	
				
				   
				

			 	
				
				  Form of Trustee’s Certificate
				  of Authentication
				

			 	
				
				   
				

			 	
				
				  22
				

			 
	
				
				  Section 2.06
				

			 	
				
				   
				

			 	
				
				  Form of Guarantee
				

			 	
				
				   
				

			 	
				
				  23
				

			 
	
				
				  ARTICLE
				  III     THE
				  SECURITIES
				

			 	
				
				   
				

			 	
				
				  25
				

			 
	
				
				  Section 3.01
				

			 	
				
				   
				

			 	
				
				  Amount Unlimited; Issuable in
				  Series
				

			 	
				
				   
				

			 	
				
				  25
				

			 
	
				
				  Section 3.02
				

			 	
				
				   
				

			 	
				
				  Denominations
				

			 	
				
				   
				

			 	
				
				  28
				

			 
	
				
				  Section 3.03
				

			 	
				
				   
				

			 	
				
				  Execution, Authentication, Delivery
				  and Dating
				

			 	
				
				   
				

			 	
				
				  28
				

			 
	
				
				  Section 3.04
				

			 	
				
				   
				

			 	
				
				  Temporary Securities
				

			 	
				
				   
				

			 	
				
				  30
				

			 
	
				
				  Section 3.05
				

			 	
				
				   
				

			 	
				
				  Registration, Registration of
				  Transfer and Exchange
				

			 	
				
				   
				

			 	
				
				  30
				

			 
	
				
				  Section 3.06
				

			 	
				
				   
				

			 	
				
				  Mutilated, Destroyed, Lost and
				  Stolen Securities
				

			 	
				
				   
				

			 	
				
				  32
				

			 

 

	 
		 
	 

	 
	 

	 

	 
		TABLE OF CONTENTS
	 

	 
		(continued)
	 

	 
		 
	 

	 
			
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Page
				

			 
	
				
				  Section 3.07
				

			 	
				
				   
				

			 	
				
				  Payment of Interest; Interest Rights
				  Preserved
				

			 	
				
				   
				

			 	
				
				  32
				

			 
	
				
				  Section 3.08
				

			 	
				
				   
				

			 	
				
				  Persons Deemed Owners
				

			 	
				
				   
				

			 	
				
				  34
				

			 
	
				
				  Section 3.09
				

			 	
				
				   
				

			 	
				
				  Cancellation
				

			 	
				
				   
				

			 	
				
				  34
				

			 
	
				
				  Section 3.10
				

			 	
				
				   
				

			 	
				
				  Computation of Interest
				

			 	
				
				   
				

			 	
				
				  34
				

			 
	
				
				  Section 3.11
				

			 	
				
				   
				

			 	
				
				  CUSIP Numbers
				

			 	
				
				   
				

			 	
				
				  34
				

			 
	
				
				  ARTICLE IV    
				  SATISFACTION AND DISCHARGE
				

			 	
				
				   
				

			 	
				
				  34
				

			 
	
				
				  Section 4.01
				

			 	
				
				   
				

			 	
				
				  Satisfaction and Discharge of
				  Indenture
				

			 	
				
				   
				

			 	
				
				  34
				

			 
	
				
				  Section 4.02
				

			 	
				
				   
				

			 	
				
				  Application of Trust Money
				

			 	
				
				   
				

			 	
				
				  35
				

			 
	
				
				  ARTICLE
				  V     REMEDIES
				

			 	
				
				   
				

			 	
				
				  36
				

			 
	
				
				  Section 5.01
				

			 	
				
				   
				

			 	
				
				  Events of Default
				

			 	
				
				   
				

			 	
				
				  36
				

			 
	
				
				  Section 5.02
				

			 	
				
				   
				

			 	
				
				  Acceleration of Maturity; Rescission
				  and Annulment
				

			 	
				
				   
				

			 	
				
				  37
				

			 
	
				
				  Section 5.03
				

			 	
				
				   
				

			 	
				
				  Collection of Indebtedness and Suits
				  for Enforcement by Trustee. The Company covenants that if:
				

			 	
				
				   
				

			 	
				
				  39
				

			 
	
				
				  Section 5.04
				

			 	
				
				   
				

			 	
				
				  Trustee May File Proofs of
				  Claim
				

			 	
				
				   
				

			 	
				
				  39
				

			 
	
				
				  Section 5.05
				

			 	
				
				   
				

			 	
				
				  Trustee May Enforce Claims Without
				  Possession of Securities
				

			 	
				
				   
				

			 	
				
				  40
				

			 
	
				
				  Section 5.06
				

			 	
				
				   
				

			 	
				
				  Application of Money
				  Collected
				

			 	
				
				   
				

			 	
				
				  40
				

			 
	
				
				  Section 5.07
				

			 	
				
				   
				

			 	
				
				  Limitation on Suits
				

			 	
				
				   
				

			 	
				
				  40
				

			 
	
				
				  Section 5.08
				

			 	
				
				   
				

			 	
				
				  Unconditional Right of Holders to
				  Receive Principal, Premium and Interest and to Convert
				

			 	
				
				   
				

			 	
				
				  41
				

			 
	
				
				  Section 5.09
				

			 	
				
				   
				

			 	
				
				  Restoration of Rights and
				  Remedies
				

			 	
				
				   
				

			 	
				
				  41
				

			 
	
				
				  Section 5.10
				

			 	
				
				   
				

			 	
				
				  Rights and Remedies
				  Cumulative
				

			 	
				
				   
				

			 	
				
				  41
				

			 
	
				
				  Section 5.11
				

			 	
				
				   
				

			 	
				
				  Delay or Omission Not Waiver
				

			 	
				
				   
				

			 	
				
				  41
				

			 
	
				
				  Section 5.12
				

			 	
				
				   
				

			 	
				
				  Control by Holders
				

			 	
				
				   
				

			 	
				
				  41
				

			 
	
				
				  Section 5.13
				

			 	
				
				   
				

			 	
				
				  Waiver of Past Defaults
				

			 	
				
				   
				

			 	
				
				  42
				

			 
	
				
				  Section 5.14
				

			 	
				
				   
				

			 	
				
				  Undertaking for Costs
				

			 	
				
				   
				

			 	
				
				  42
				

			 
	
				
				  Section 5.15
				

			 	
				
				   
				

			 	
				
				  Waiver of Usury, Stay or Extension
				  Laws
				

			 	
				
				   
				

			 	
				
				  42
				

			 
	
				
				  ARTICLE
				  VI     THE
				  TRUSTEE
				

			 	
				
				   
				

			 	
				
				  43
				

			 
	
				
				  Section 6.01
				

			 	
				
				   
				

			 	
				
				  Duties of Trustee
				

			 	
				
				   
				

			 	
				
				  43
				

			 
	
				
				  Section 6.02
				

			 	
				
				   
				

			 	
				
				  Rights of Trustee
				

			 	
				
				   
				

			 	
				
				  44
				

			 
	
				
				  Section 6.03
				

			 	
				
				   
				

			 	
				
				  Individual Rights of Trustee
				

			 	
				
				   
				

			 	
				
				  45
				

			 
	
				
				  Section 6.04
				

			 	
				
				   
				

			 	
				
				  Trustee’s Disclaimer
				

			 	
				
				   
				

			 	
				
				  45
				

			 
	
				
				  Section 6.05
				

			 	
				
				   
				

			 	
				
				  Notice of Default
				

			 	
				
				   
				

			 	
				
				  45
				

			 

 

	 
		 
	 

	 
		 
	 

	 
		2
	 

	 
		 
	 

	 
	 

	 

	 
		TABLE OF CONTENTS
	 

	 
		(continued)
	 

	 
		 
	 

	 
			
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Page
				

			 
	
				
				  Section 6.06
				

			 	
				
				   
				

			 	
				
				  Reports by Trustee to Holders

				

			 	
				
				   
				

			 	
				
				  45
				

			 
	
				
				  Section 6.07
				

			 	
				
				   
				

			 	
				
				  Compensation and Indemnity
				

			 	
				
				   
				

			 	
				
				  46
				

			 
	
				
				  Section 6.08
				

			 	
				
				   
				

			 	
				
				  Replacement of Trustee
				

			 	
				
				   
				

			 	
				
				  47
				

			 
	
				
				  Section 6.09
				

			 	
				
				   
				

			 	
				
				  Successor Trustee by Merger,
				  Etc
				

			 	
				
				   
				

			 	
				
				  48
				

			 
	
				
				  Section 6.10
				

			 	
				
				   
				

			 	
				
				  Eligibility; Disqualification

				

			 	
				
				   
				

			 	
				
				  48
				

			 
	
				
				  Section 6.11
				

			 	
				
				   
				

			 	
				
				  Preferential Collection of Claims
				  against Company
				

			 	
				
				   
				

			 	
				
				  48
				

			 
	
				
				  ARTICLE
				  VII     HOLDERS’ LISTS AND REPORTS BY TRUSTEE AND
				  COMPANY
				

			 	
				
				   
				

			 	
				
				  48
				

			 
	
				
				  Section 7.01
				

			 	
				
				   
				

			 	
				
				  Company to Furnish Trustee Names and
				  Addresses of Holders
				

			 	
				
				   
				

			 	
				
				  48
				

			 
	
				
				  Section 7.02
				

			 	
				
				   
				

			 	
				
				  Preservation of Information;
				  Communications to Holders
				

			 	
				
				   
				

			 	
				
				  48
				

			 
	
				
				  Section 7.03
				

			 	
				
				   
				

			 	
				
				  Reports by Trustee
				

			 	
				
				   
				

			 	
				
				  49
				

			 
	
				
				  Section 7.04
				

			 	
				
				   
				

			 	
				
				  Reports by Company
				

			 	
				
				   
				

			 	
				
				  49
				

			 
	
				
				  ARTICLE
				  VIII     CONSOLIDATION, AMALGAMATION, CONVEYANCE, TRANSFER OR
				  LEASE
				

			 	
				
				   
				

			 	
				
				  49
				

			 
	
				
				  Section 8.01
				

			 	
				
				   
				

			 	
				
				  Company May Consolidate, Etc., Only
				  on Certain Terms
				

			 	
				
				   
				

			 	
				
				  49
				

			 
	
				
				  Section 8.02
				

			 	
				
				   
				

			 	
				
				  Amalgamations, Mergers,
				  Consolidations and Certain Sales of Assets by Subsidiary Guarantors
				

			 	
				
				   
				

			 	
				
				  50
				

			 
	
				
				  Section 8.03
				

			 	
				
				   
				

			 	
				
				  Successor Corporation
				  Substituted
				

			 	
				
				   
				

			 	
				
				  51
				

			 
	
				
				  ARTICLE
				  IX     SUPPLEMENTAL INDENTURES
				

			 	
				
				   
				

			 	
				
				  51
				

			 
	
				
				  Section 9.01
				

			 	
				
				   
				

			 	
				
				  Supplemental Indentures Without
				  Consent of Holders
				

			 	
				
				   
				

			 	
				
				  51
				

			 
	
				
				  Section 9.02
				

			 	
				
				   
				

			 	
				
				  Supplemental Indentures with Consent
				  of Holders
				

			 	
				
				   
				

			 	
				
				  53
				

			 
	
				
				  Section 9.03
				

			 	
				
				   
				

			 	
				
				  Execution of Supplemental
				  Indentures
				

			 	
				
				   
				

			 	
				
				  54
				

			 
	
				
				  Section 9.04
				

			 	
				
				   
				

			 	
				
				  Effect of Supplemental
				  Indentures
				

			 	
				
				   
				

			 	
				
				  54
				

			 
	
				
				  Section 9.05
				

			 	
				
				   
				

			 	
				
				  Section 9.05 Conformity with Trust
				  Indenture Act
				

			 	
				
				   
				

			 	
				
				  54
				

			 
	
				
				  Section 9.06
				

			 	
				
				   
				

			 	
				
				  Reference in Securities to
				  Supplemental Indentures
				

			 	
				
				   
				

			 	
				
				  54
				

			 
	
				
				  ARTICLE
				  X     COVENANTS
				

			 	
				
				   
				

			 	
				
				  54
				

			 
	
				
				  Section 10.01
				

			 	
				
				   
				

			 	
				
				  Payment of Securities
				

			 	
				
				   
				

			 	
				
				  54
				

			 
	
				
				  Section 10.02
				

			 	
				
				   
				

			 	
				
				  Maintenance of Office or
				  Agency
				

			 	
				
				   
				

			 	
				
				  55
				

			 
	
				
				  Section 10.03
				

			 	
				
				   
				

			 	
				
				  Money for Securities Payments to Be
				  Held in Trust
				

			 	
				
				   
				

			 	
				
				  55
				

			 
	
				
				  Section 10.04
				

			 	
				
				   
				

			 	
				
				  Corporate Existence
				

			 	
				
				   
				

			 	
				
				  56
				

			 
	
				
				  Section 10.05
				

			 	
				
				   
				

			 	
				
				  Compliance Certificate; Notice of
				  Default
				

			 	
				
				   
				

			 	
				
				  56
				

			 
	
				
				  ARTICLE
				  XI     REDEMPTION
				  OF SECURITIES
				

			 	
				
				   
				

			 	
				
				  57
				

			 
	
				
				  Section 11.01
				

			 	
				
				   
				

			 	
				
				  Applicability of Article
				

			 	
				
				   
				

			 	
				
				  57
				

			 

 

	 
		 
	 

	 
		 
	 

	 
		3
	 

	 
		 
	 

	 
	 

	 

	 
		TABLE OF CONTENTS
	 

	 
		(continued)
	 

	 
		 
	 

	 
			
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Page
				

			 
	
				
				  Section 11.02
				

			 	
				
				   
				

			 	
				
				  Election to Redeem; Notice to
				  Trustee
				

			 	
				
				   
				

			 	
				
				  57
				

			 
	
				
				  Section 11.03
				

			 	
				
				   
				

			 	
				
				  Selection by Trustee of Securities
				  to Be Redeemed
				

			 	
				
				   
				

			 	
				
				  57
				

			 
	
				
				  Section 11.04
				

			 	
				
				   
				

			 	
				
				  Notice of Redemption
				

			 	
				
				   
				

			 	
				
				  58
				

			 
	
				
				  Section 11.05
				

			 	
				
				   
				

			 	
				
				  Deposit of Redemption Price
				

			 	
				
				   
				

			 	
				
				  59
				

			 
	
				
				  Section 11.06
				

			 	
				
				   
				

			 	
				
				  Securities Payable on Redemption
				  Date
				

			 	
				
				   
				

			 	
				
				  59
				

			 
	
				
				  ARTICLE
				  XII     SINKING
				  FUNDS
				

			 	
				
				   
				

			 	
				
				  59
				

			 
	
				
				  Section 12.01
				

			 	
				
				   
				

			 	
				
				  Applicability of Article
				

			 	
				
				   
				

			 	
				
				  59
				

			 
	
				
				  Section 12.02
				

			 	
				
				   
				

			 	
				
				  Satisfaction of Sinking Fund
				  Payments with Securities
				

			 	
				
				   
				

			 	
				
				  60
				

			 
	
				
				  Section 12.03
				

			 	
				
				   
				

			 	
				
				  Redemption of Securities for Sinking
				  Fund
				

			 	
				
				   
				

			 	
				
				  60
				

			 
	
				
				  ARTICLE
				  XIII     SUBSIDIARY GUARANTEE
				

			 	
				
				   
				

			 	
				
				  60
				

			 
	
				
				  Section 13.01
				

			 	
				
				   
				

			 	
				
				  Subsidiary Guarantee
				

			 	
				
				   
				

			 	
				
				  60
				

			 
	
				
				  Section 13.02
				

			 	
				
				   
				

			 	
				
				  Execution and Delivery of Subsidiary
				  Guarantees
				

			 	
				
				   
				

			 	
				
				  62
				

			 
	
				
				  Section 13.03
				

			 	
				
				   
				

			 	
				
				  Subsidiary Guarantors May
				  Consolidate, Etc., on Certain Terms
				

			 	
				
				   
				

			 	
				
				  62
				

			 
	
				
				  Section 13.04
				

			 	
				
				   
				

			 	
				
				  Release of Subsidiary
				  Guarantors
				

			 	
				
				   
				

			 	
				
				  63
				

			 
	
				
				  Section 13.05
				

			 	
				
				   
				

			 	
				
				  Additional Subsidiary
				  Guarantors
				

			 	
				
				   
				

			 	
				
				  64
				

			 
	
				
				  ARTICLE
				  XIV     DEFEASANCE
				  AND COVENANT DEFEASANCE
				

			 	
				
				   
				

			 	
				
				  64
				

			 
	
				
				  Section 14.01
				

			 	
				
				   
				

			 	
				
				  Company’s Option to Effect
				  Defeasance or Covenant Defeasance
				

			 	
				
				   
				

			 	
				
				  64
				

			 
	
				
				  Section 14.02
				

			 	
				
				   
				

			 	
				
				  Defeasance and Discharge
				

			 	
				
				   
				

			 	
				
				  64
				

			 
	
				
				  Section 14.03
				

			 	
				
				   
				

			 	
				
				  Covenant Defeasance
				

			 	
				
				   
				

			 	
				
				  65
				

			 
	
				
				  Section 14.04
				

			 	
				
				   
				

			 	
				
				  Conditions to Defeasance or Covenant
				  Defeasance
				

			 	
				
				   
				

			 	
				
				  65
				

			 
	
				
				  Section 14.05
				

			 	
				
				   
				

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

			 	
				
				   
				

			 	
				
				  66
				

			 
	
				
				  Section 14.06
				

			 	
				
				   
				

			 	
				
				  Reinstatement
				

			 	
				
				   
				

			 	
				
				  67
				

			 
	
				
				  ARTICLE
				  XV     CONVERSION
				  OF SECURITIES
				

			 	
				
				   
				

			 	
				
				  67
				

			 
	
				
				  Section 15.01
				

			 	
				
				   
				

			 	
				
				  Applicability; Conversion Privilege
				  and Conversion Price
				

			 	
				
				   
				

			 	
				
				  67
				

			 
	
				
				  Section 15.02
				

			 	
				
				   
				

			 	
				
				  Exercise of Conversion Price
				

			 	
				
				   
				

			 	
				
				  68
				

			 
	
				
				  Section 15.03
				

			 	
				
				   
				

			 	
				
				  Fractions of Shares
				

			 	
				
				   
				

			 	
				
				  69
				

			 
	
				
				  Section 15.04
				

			 	
				
				   
				

			 	
				
				  Adjustment of Conversion
				  Price
				

			 	
				
				   
				

			 	
				
				  69
				

			 
	
				
				  Section 15.05
				

			 	
				
				   
				

			 	
				
				  Notice of Adjustments of Conversion
				  Price
				

			 	
				
				   
				

			 	
				
				  71
				

			 
	
				
				  Section 15.06
				

			 	
				
				   
				

			 	
				
				  Notice of Certain Corporate
				  Action
				

			 	
				
				   
				

			 	
				
				  72
				

			 
	
				
				  Section 15.07
				

			 	
				
				   
				

			 	
				
				  Company to Reserve Common
				  Stock
				

			 	
				
				   
				

			 	
				
				  73
				

			 

 

	 
		 
	 

	 
		 
	 

	 
		4
	 

	 
		 
	 

	 
	 

	 

	 
		TABLE OF CONTENTS
	 

	 
		(continued)
	 

	 
		 
	 

	 
			
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Page
				

			 
	
				
				  Section 15.08
				

			 	
				
				   
				

			 	
				
				  Taxes on Conversions
				

			 	
				
				   
				

			 	
				
				  73
				

			 
	
				
				  Section 15.09
				

			 	
				
				   
				

			 	
				
				  Covenant as to Common Stock
				

			 	
				
				   
				

			 	
				
				  73
				

			 
	
				
				  Section 15.10
				

			 	
				
				   
				

			 	
				
				  Cancellation of Converted
				  Securities
				

			 	
				
				   
				

			 	
				
				  73
				

			 
	
				
				  Section 15.11
				

			 	
				
				   
				

			 	
				
				  Provisions in Case of Consolidation,
				  Merger or Sale of Assets
				

			 	
				
				   
				

			 	
				
				  73
				

			 
	
				
				  Section 15.12
				

			 	
				
				   
				

			 	
				
				  Responsibility of Trustee
				

			 	
				
				   
				

			 	
				
				  74
				

			 

 

	 
		INDENTURE, dated as of _________ ___, 2007,
		among StealthGas Inc., a Marshall Islands company (herein called the
		“Company”), having its principal office at 331 Kifissias Avenue,
		Erithrea 14561, Athens, Greece, each of the Subsidiary Guarantors named herein
		and Wells Fargo Bank, National Association, a national banking association, as
		trustee (herein called the “Trustee”).
	 

	 
		RECITALS OF THE COMPANY AND SUBSIDIARY
		GUARANTORS
	 

	 
		The Company has duly authorized the
		execution and delivery of this Indenture to provide for the issuance from time
		to time of its unsecured debentures, notes or other evidences of indebtedness
		(herein called the “Securities”), to be issued in one or more series
		as in this Indenture provided.
	 

	 
		The Company, directly or indirectly, owns
		beneficially all or substantially all of the Capital Stock of the entities set
		forth on the signature page attached hereto (the “Subsidiary
		Guarantors”); the Company and the Subsidiary Guarantors are members of the
		same consolidated group of companies and are engaged in related businesses; the
		Subsidiary Guarantors will derive direct and indirect economic benefits from
		the issuance of the Securities; accordingly, each of the Subsidiary Guarantors
		has duly authorized the execution and delivery of this Indenture to provide for
		the Subsidiary Guarantee (as hereinafter defined) by each of them with respect
		to the Securities as set forth in this Indenture.
	 

	 
		All things necessary to make this Indenture
		a valid and legally binding agreement of the Company and the Subsidiary
		Guarantors, in accordance with its terms, have been done.
	 

	 
		NOW, THEREFORE, THIS INDENTURE
		WITNESSETH:
	 

	 
		For and in consideration of the premises and
		the purchase of the Securities by the Holders thereof, it is mutually agreed,
		for the equal and proportionate benefit of all Holders of the Securities or of
		series thereof, as follows:
	 

	 
		ARTICLE
		I
	 

	 
		DEFINITIONS AND OTHER
		PROVISIONS
	 

	 
		OF GENERAL APPLICATION
	 

	 
		Section 1.01 Definitions.
	 

	 
		 
	 

	 
		 
	 

	 
		5
	 

	 
		 
	 

	 
	 

	 

	 
		For all purposes of this Indenture, except
		as otherwise expressly provided or unless the context otherwise
		requires:
	 

	 
		(1) the terms defined in this Article have
		the meanings assigned to them in this Article and include the plural as well as
		the singular;
	 

	 
		(2) all other terms used herein which are
		defined in the Trust Indenture Act, either directly or by reference therein,
		have the meanings assigned to them therein;
	 

	 
		(3) all accounting terms not otherwise
		defined herein have the meanings assigned to them in accordance with United
		States generally accepted accounting principles, and, except as otherwise
		herein expressly provided, the term GAAP with respect to any computation
		required or permitted hereunder shall mean such accounting principles as are
		generally accepted at the date of such computation;
	 

	 
		(4) the words “Article” and
		“Section” refer to an Article and Section, respectively, of this
		Indenture;
	 

	 
		(5) the words “herein”,
		“hereof” and “hereunder” and other words of similar import
		refer to this Indenture as a whole and not to any particular Article, Section
		or other subdivision; and
	 

	 
		(6) certain terms used principally in
		Articles VI, X, XIII, and XIV, are defined in those Articles.
	 

	 
		“Act”, when used with respect to
		any Holder, has the meaning specified in Section 1.05.
	 

	 
		“Affiliate” of any specified
		Person means any other Person directly or indirectly controlling or controlled
		by or under direct or indirect common control with such specified Person. For
		the purposes of this definition, “control” when used with respect to
		any specified Person means the power to direct the management and policies of
		such Person, directly or indirectly, whether through the ownership of voting
		securities, by contract or otherwise; and the terms “controlling” and
		“controlled” have meanings correlative to the foregoing.
	 

	 
		“Bankruptcy Law” means Title 11,
		U.S. Code or any similar Federal, state or foreign law for the relief of
		debtors.
	 

	 
		“Board of Directors” means, with
		respect to the Company or a Subsidiary Guarantor, either the board of directors
		of such Person or any duly authorized committee of that board.
	 

	 
		“Board Resolution” means, with
		respect to the Company or a Subsidiary Guarantor, a copy of a resolution
		certified by the Secretary or an Assistant Secretary of such Person to have
		been duly adopted by its Board of Directors and to be in full force and effect
		on the date of such certification, and delivered to the Trustee.
	 

	 
		“Business Day”, when used with
		respect to any Place of Payment, means each Monday, Tuesday, Wednesday,
		Thursday and Friday which is not a day on which banking 
	 

	 
		 
	 

	 
		2
	 

	 
		 
	 

	 
	 

	 

	 
		institutions in that Place of Payment are
		authorized or obligated by law or executive order to close.
	 

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

	 
		“Capital Stock”, as applied to the
		stock of any corporation, means the capital stock of every class whether now or
		hereafter authorized, regardless of whether such capital stock shall be limited
		to a fixed sum or percentage with respect to the rights of the holders thereof
		to participate in dividends and in the distribution of assets upon the
		voluntary or involuntary liquidation, dissolution or winding up of such
		corporation.
	 

	 
		“Commission” means the Securities
		and Exchange Commission, from time to time constituted, created under the
		Exchange Act or, if at any time after the execution of this instrument such
		Commission is not existing and performing the duties now assigned to it under
		the Trust Indenture Act, then the body performing such duties at such
		time.
	 

	 
		“Common Stock” includes any stock
		of any class of the Company which has no preference in respect of dividends or
		of amounts payable in the event of any voluntary or involuntary liquidation,
		dissolution or winding-up of the Company and which is not subject to redemption
		by the Company. However, subject to the provisions of Section 3.01(17) and (18)
		and Section 15.09, shares issuable on conversion of Securities shall include
		only shares of the class designated as Common Stock of the Company at the date
		of this instrument or shares of any class or classes resulting from any
		reclassification or reclassifications thereof and which have no preference in
		respect of dividends or of amounts payable in the event of any voluntary or
		involuntary liquidation, dissolution or winding-up of the Company and which are
		not subject to redemption by the Company; provided that if at any time there
		shall be more than one such resulting class, the shares of each such class then
		so issuable shall be substantially in the proportion which the total number of
		shares of such class resulting from all such reclassifications bears to the
		total number of shares of all such classes resulting from all such
		reclassifications.
	 

	 
		“Company” means the Person named
		as the “Company” in the first paragraph of this instrument until a
		successor Person shall have become such pursuant to the applicable provisions
		of this Indenture, and thereafter “Company” shall mean such successor
		Person.
	 

	 
		“Company Request” or “Company
		Order” means a written request or order signed in the name of the Company
		by its Chairman of the Board, Vice Chairman of the Board, its Chief Executive
		Officer, its President or a Vice President, and by its Chief Financial Officer,
		Treasurer, an Assistant Treasurer, its Secretary or an Assistant Secretary, and
		delivered to the Trustee.
	 

	 
		“Corporate Trust Office” means the
		principal office of the Trustee at which at any particular time its corporate
		trust business shall be administered, which office as of the date hereof is
		located at 625 Marquette Avenue, N9311-110, Minneapolis, MN 55479.
	 

	 
		“Corporation” means a corporation,
		association, company, joint-stock company or business trust.
	 

	 
		 
	 

	 
		3
	 

	 
		 
	 

	 
	 

	 

	 
		“Covenant Defeasance” has the
		meaning specified in Section 14.03.
	 

	 
		“Defaulted Interest” has the
		meaning specified in Section 3.07.
	 

	 
		“Defeasance” has the meaning
		specified in Section 14.02.
	 

	 
		“Defeasible Series” has the
		meaning specified in Section 14.01.
	 

	 
		“Depositary” means, with respect
		to Securities of any series issuable in whole or in part in the form of one or
		more Global Securities, a clearing agency registered under the Exchange Act
		that is designated to act as Depositary for such Securities as contemplated by
		Section 3.01.
	 

	 
		“Event of Default” has the meaning
		specified in Section 5.01.
	 

	 
		“Exchange Act” means the
		Securities Exchange Act of 1934, as amended from time to time, and any statute
		successor thereto.
	 

	 
		“GAAP” means generally accepted
		accounting principles in the United States set forth in the opinions and
		pronouncements of the Accounting Principles Board of the American Standards
		Board or in such other statements by such other entity as have been approved by
		a significant segment of the accounting profession.
	 

	 
		“Global Security” means a Security
		that evidences all or part of the Securities of any series and is authenticated
		and delivered to, and registered in the name of, the Depositary for such
		Securities or a nominee thereof.
	 

	 
		“Guarantee” or
		“guarantee” by any Person means any obligation, contingent or
		otherwise, of such Person guaranteeing any Indebtedness of any other Person
		(the “primary obligor”) in any manner, whether directly or
		indirectly, and including, without limitation, any obligation of such Person,
		(i) to purchase or pay (or advance or supply funds for the purchase or payment
		of) such Indebtedness or to purchase (or to advance or supply funds for the
		purchase of) any security for the payment of such Indebtedness, (ii) to
		purchase property, securities or services for the purpose of assuring the
		holder of such Indebtedness of the payment of such Indebtedness, or (iii) to
		maintain working capital, equity capital or other financial statement condition
		or liquidity of the primary obligor so as to enable the primary obligor to pay
		such Indebtedness (and “Guaranteed”, “Guaranteeing” and
		“Guarantor” shall have meanings correlative to the foregoing);
		provided, however, that
		the Guarantee by any Person shall not include endorsements by such Person for
		collection or deposit, in either case, in the ordinary course of
		business.
	 

	 
		“Hedging Obligations” means, with
		respect to any Person, the Obligations of such Person under interest rate swap
		agreements, interest rate cap agreements, and interest rate collar agreements,
		and other agreements or arrangements designed to protect such Person against
		fluctuations in interest rates.
	 

	 
		“Holder” means a Person in whose
		name a Security is registered in the Security Register.
	 

	 
		 
	 

	 
		4
	 

	 
		 
	 

	 
	 

	 

	 
		“Indebtedness” means, with respect
		to any Person, any indebtedness of such Person, whether or not contingent, in
		respect of borrowed money or evidenced by bonds, notes, debentures or similar
		instruments or letters of credit (or reimbursement agreements in respect
		thereof) or representing Capital Lease Obligations or the balance deferred and
		unpaid of the purchase price of any property or representing any Hedging
		Obligations, except any such balance that constitutes an accrued expense or
		trade payable, and all deferrals, renewals, extensions and refundings of
		obligations of any of the foregoing, if and to the extent any of the foregoing
		indebtedness (other than letters of credit and Hedging Obligations) would
		appear as a liability upon a balance sheet of such Person prepared in
		accordance with GAAP, and also includes, to the extent not otherwise included,
		the Guarantee of any indebtedness of such Person or any other Person.
	 

	 
		“Indenture” means this instrument
		as originally executed or as it may from time to time be supplemented or
		amended by one or more indentures supplemental hereto entered into pursuant to
		the applicable provisions hereof, including, for all purposes of this
		instrument, and any such supplemental indenture, the provisions of the Trust
		Indenture Act that are deemed to be a part of and govern this instrument and
		any such supplemental indenture, respectively. The term “Indenture”
		shall also include the terms of particular series of Securities established as
		contemplated by Section 3.01.
	 

	 
		“Interest”, when used with respect
		to an Original Issue Discount Security which by its terms bears interest only
		after Maturity, means interest payable after Maturity.
	 

	 
		“Interest Payment Date”, when used
		with respect to any Security, means the Stated Maturity of an installment of
		interest on such Security.
	 

	 
		“Lien” means any mortgage, lien,
		pledge, charge, security interest, or other encumbrance of any kind, whether or
		not filed, recorded or otherwise perfected under applicable law.
	 

	 
		“Maturity”, when used with respect
		to any Security, means the date on which the principal of such Security or an
		installment of principal becomes due and payable as therein or herein provided,
		whether at the Stated Maturity or by declaration of acceleration, call for
		redemption or otherwise.
	 

	 
		“Notice of Default” means a
		written notice of the kind specified in Section 5.01(5).
	 

	 
		“Obligations” means any principal,
		premium, interest, penalties, fees, indemnifications, reimbursements, damages
		and other liabilities payable under the documentation governing any
		Indebtedness.
	 

	 
		“Officer’s Certificate” means
		a certificate signed by the Chairman of the Board, a Vice Chairman of the
		Board, the Chief Executive Officer, the President or a Vice President, the
		Chief Financial Officer, the Finance Director, the Treasurer or an Assistant
		Treasurer, of the Company or of a Subsidiary Guarantor, and delivered to the
		Trustee.
	 

	 
		 
	 

	 
		5
	 

	 
		 
	 

	 
	 

	 

	 
		“Opinion of Counsel” means, as to
		the Company or a Subsidiary Guarantor, a written opinion of counsel, who may be
		counsel for the Company or such Subsidiary Guarantor, and who shall be
		acceptable to the Trustee.
	 

	 
		“Original Issue Discount Security”
		means any Security which provides for an amount less than the principal amount
		thereof to be due and payable upon a declaration of acceleration of the
		Maturity thereof pursuant to Section 5.02.
	 

	 
		“Outstanding”, when used with
		respect to Securities, means, as of the date of determination, all Securities
		theretofore authenticated and delivered under this Indenture, except :
	 

	 
		(1) Securities theretofore cancelled by the
		Trustee or delivered to the Trustee for cancellation;
	 

	 
		(2) Securities for whose payment or
		redemption money in the necessary amount has been theretofore deposited with
		the Trustee or any Paying Agent (other than the Company or any Subsidiary
		Guarantor) in trust or set aside and segregated in trust by the Company or a
		Subsidiary Guarantor (if the Company or such Subsidiary Guarantor shall act as
		its own Paying Agent) for the Holders of such Securities; provided that, if such Securities are to be redeemed, notice of
		such redemption has been duly given pursuant to this Indenture or provision
		therefor satisfactory to the Trustee has been made;
	 

	 
		(3) Securities as to which Defeasance has
		been effected pursuant to Section 14.02; and
	 

	 
		(4) Securities which have been paid pursuant
		to Section 3.06 or in exchange for or in lieu of which other Securities have
		been authenticated and delivered pursuant to this Indenture, other than any
		such Securities in respect of which there shall have been presented to the
		Trustee proof satisfactory to it that such Securities are held by a bona fide
		purchaser in whose hands such Securities are valid obligations of the
		Company;
	 

	 
		provided, however, that in
		determining whether the Holders of the requisite principal amount of the
		Outstanding Securities have given any request, demand, authorization,
		direction, notice, consent or waiver hereunder, (A) the principal amount of an
		Original Issue Discount Security that shall be deemed to be Outstanding shall
		be the amount of the principal thereof that would be due and payable as of the
		date of such determination upon acceleration of the Maturity thereof to such
		date pursuant to Section 5.02, (B) the principal amount of a Security
		denominated in one or more foreign currencies or currency units shall be the
		U.S. dollar equivalent, determined in the manner provided as contemplated by
		Section 3.01 on the date of original issuance of such Security, of the
		principal amount (or, in the case of an Original Issue Discount Security, the
		U.S. dollar equivalent on the date of original issuance of such Security of the
		amount determined as provided in Clause (A) above) of such Security, and (C)
		Securities owned by the Company or any other obligor upon the Securities or any
		Affiliate of the Company or of such other obligor shall be disregarded and
		deemed not to be Outstanding, except that, in determining whether the Trustee
		shall be protected in relying upon any such request, demand, authorization,
		direction, notice, consent or waiver, only Securities which a Responsible
		Officer of the Trustee actually
	 

	 
		 
	 

	 
		6
	 

	 
		 
	 

	 
	 

	 

	 
		knows to be so owned shall be so
		disregarded. Securities so owned which have been pledged in good faith may be
		regarded as Outstanding if the pledgee establishes to the satisfaction of the
		Trustee the pledgee’s right so to act with respect to such Securities and
		that the pledgee is not the Company or any other obligor upon the Securities or
		any Affiliate of the Company or of such other obligor.
	 

	 
		“Paying Agent” means any Person
		authorized by the Company to pay the principal of or any premium or interest on
		any Securities on behalf of the Company.
	 

	 
		“Person”
		means any individual, corporation, partnership, joint venture, limited
		liability company, joint stock company, trust, unincorporated organization or
		government or any agency or political subdivision thereof.
	 

	 
		“Place of Payment”, when used with
		respect to the Securities of any series, means the place or places where the
		principal of and any premium and interest on the Securities of that series are
		payable, as specified pursuant to Section 3.01.
	 

	 
		“Predecessor Security” of any
		particular Security means every previous Security evidencing all or a portion
		of the same debt as that evidenced by such particular Security; and, for the
		purposes of this definition, any Security authenticated and delivered under
		Section 3.06 in exchange for or in lieu of a mutilated, destroyed, lost or
		stolen Security shall be deemed to evidence the same debt as the mutilated,
		destroyed, lost or stolen Security.
	 

	 
		“Prospectus” means the Prospectus
		of the Company dated June    , 2007 relating to the offering from time to time of the
		Securities.
	 

	 
		“Redemption Date”, when used with
		respect to any Security to be redeemed, means the date fixed for such
		redemption by or pursuant to this Indenture.
	 

	 
		“Redemption Price”, when used with
		respect to any Security to be redeemed, means the price at which it is to be
		redeemed pursuant to this Indenture.
	 

	 
		“Regular Record Date” for the
		interest payable on any Interest Payment Date on the Securities of any series
		means the date specified for that purpose as contemplated by Section
		3.01.
	 

	 
		“Responsible Officer”, when used
		with respect to the Trustee, means any vice president, any assistant treasurer,
		any trust officer or assistant trust officer or any other officer of the
		Trustee customarily performing functions similar to those performed by any of
		the above designated officers and also means, with respect to a particular
		corporate trust matter, any other officer to whom such matter is referred
		because of his knowledge of and familiarity with the particular subject and who
		shall have direct responsibility for the administration of this
		Indenture.
	 

	 
		“Securities” has the meaning
		stated in the first recital of this Indenture and more particularly means any
		Securities authenticated and delivered under this Indenture.
	 

	 
		 
	 

	 
		7
	 

	 
		 
	 

	 
	 

	 

	 
		“Securities Act” means the
		Securities Act of 1933, as amended, and the rules and regulations of the
		Securities and Exchange Commission promulgated thereunder.
	 

	 
		“Security Register” and
		“Security Registrar” have the respective meanings specified in
		Section 3.05.
	 

	 
		“Significant Subsidiary” means any
		Subsidiary that would be a “significant subsidiary” of the Company
		within the meaning of Rule 1-02 under Regulation S-X promulgated by the
		Commission.
	 

	 
		“Special Record Date” for the
		payment of any Defaulted Interest means a date fixed by the Trustee pursuant to
		Section 3.07.
	 

	 
		“Stated Maturity”, when used with
		respect to any Security or any installment of principal thereof or interest
		thereon, means the date specified in such Security as the fixed date on which
		the principal of such Security or such installment of principal or interest is
		due and payable.
	 

	 
		“Subsidiary” means a corporation
		more than 50% of the outstanding voting stock of which is owned, directly or
		indirectly, by the Company or by one or more other Subsidiaries, or by the
		Company and one or more other Subsidiaries. For the purposes of this
		definition, “voting stock” means stock which ordinarily has voting
		power for the election of directors, whether at all times or only so long as no
		senior class of stock has such voting power by reason of any
		contingency.
	 

	 
		“Subsidiary Guarantees” means,
		with respect to the Securities of any series, the guarantees with respect to
		the Securities of such series by a Subsidiary Guarantor pursuant to Article
		XIII hereof or a supplemental indenture hereto.
	 

	 
		“Subsidiary Guarantor” means, with
		respect to the Securities of any series, any Subsidiary of the Company that
		provides a Subsidiary Guarantee with respect to the Securities of such series
		in this Indenture or pursuant to a supplemental indenture hereto.
	 

	 
		“Trust Indenture Act” means the
		Trust Indenture Act of 1939 as in force at the date as of which this instrument
		was executed; provided, however, that in
		the event the Trust Indenture Act of 1939 is amended after such date,
		“Trust Indenture Act” means, to the extent required by any such
		amendment, the Trust Indenture Act of 1939 as so amended.
	 

	 
		“Trustee” means the Person named
		as the “Trustee” in the first paragraph of this instrument until a
		successor Trustee shall have become such pursuant to the applicable provisions
		of this Indenture, and thereafter “Trustee” shall mean or include
		each Person who is then a Trustee hereunder, and if at any time there is more
		than one such Person, “Trustee” as used with respect to the
		Securities of any series shall mean each Trustee with respect to Securities of
		that series.
	 

	 
		“U.S. Government Obligations” has
		the meaning specified in Section 14.04.
	 

	 
		 
	 

	 
		8
	 

	 
		 
	 

	 
	 

	 

	 
		“Vice President”, when used with
		respect to the Company, a Subsidiary Guarantor or the Trustee, means any vice
		president, whether or not designated by a number or a word or words added
		before or after the title “vice president”.
	 

	 
		Section 1.02 Compliance Certificates and Opinions.
	 

	 
		Upon any application or request by the
		Company or by a Subsidiary Guarantor to the Trustee to take any action under
		any provision of this Indenture, the Company shall furnish to the Trustee such
		certificates and opinions as may be required under the Trust Indenture Act.
		Each such certificate or opinion shall be given in the form of an
		Officer’s Certificate, if to be given by an officer of the Company, or an
		Opinion of Counsel, if to be given by counsel, and shall comply with the
		requirements of the Trust Indenture Act and any other requirements set forth in
		this Indenture.
	 

	 
		Every certificate or opinion with respect to
		compliance with a condition or covenant provided for in this Indenture
		(including certificates provided for in Section 10.05) shall include
	 

	 
		(1) a statement that each individual signing
		such certificate or opinion has read such covenant or condition and the
		definitions herein relating thereto;
	 

	 
		(2) a brief statement as to the nature and
		scope of the examination or investigation upon which the statements or opinions
		contained in such certificate or opinion are based;
	 

	 
		(3) a statement that, in the opinion of each
		such individual, he has made such examination or investigation as is necessary
		to enable him to express an informed opinion as to whether or not such covenant
		or condition has been complied with; and
	 

	 
		(4) a statement as to whether, in the
		opinion of each such individual, such condition or covenant has been complied
		with.
	 

	 
		Section 1.03 Form of Documents Delivered to Trustee.
	 

	 
		In any case where several matters are
		required to be certified by, or covered by an opinion of, any specified Person,
		it is not necessary that all such matters be certified by, or covered by the
		opinion of, only one such Person, or that they be so certified or covered by
		only one document, but one such Person may certify or give an opinion with
		respect to some matters and one or more other such Persons as to other matters,
		and any such Person may certify or give an opinion as to such matters in one or
		several documents.
	 

	 
		Any certificate or opinion of an officer of
		the Company may be based, insofar as it relates to legal matters, upon a
		certificate or opinion of, or representations by, counsel, unless such officer
		knows, or in the exercise of reasonable care should know, that the certificate
		or opinion or representations with respect to the matters upon which his
		certificate or opinion is based are erroneous. Any such certificate or opinion
		of counsel may be based, insofar as it relates to factual matters, upon a
		certificate or opinion of, or representations by, an officer or officers of the
		Company or any subsidiary of the Company stating that the information with
		respect to such factual matters is in the possession of the Company or any
		subsidiary of the Company, unless
	 

	 
		 
	 

	 
		9
	 

	 
		 
	 

	 
	 

	 

	 
		such counsel knows, or in the exercise of
		reasonable care should know, that the certificate or opinion or representations
		with respect to such matters are erroneous.
	 

	 
		Where any Person is required to make, give
		or execute two or more applications, requests, consents, certificates,
		statements, opinions or other instruments under this Indenture, they may, but
		need not, be consolidated and form one instrument.
	 

	 
		Section 1.04 No Adverse Interpretation of Other Agreements; Use of
		English Language. This Indenture may
		not be used to interpret another indenture, loan or debt agreement of the
		Company or any Subsidiary of the Company. Any such indenture, loan or debt
		agreement may not be used to interpret this Indenture.
	 

	 
		 This Indenture has been executed in the
		English language. All certificates, reports, notices and other documents and
		communications given or delivered pursuant to this Agreement (including any
		modifications or supplements hereto) shall be in the English language, or
		accompanied by a certified English translation thereof. In connection with the
		registration of security documents outside of the United States of America, it
		may be necessary that this Indenture be translated into other languages;
		provided that it is understood and agreed that the sole official
		version of this Indenture is the English language version executed by the
		parties hereto.
	 

	 
		Section 1.05 Acts of Holders; Record Dates.
	 

	 
		Any request, demand, authorization,
		direction, notice, consent, waiver or other action provided or permitted by
		this Indenture to be given or taken by Holders may be embodied in and evidenced
		by one or more instruments of substantially similar tenor signed by such
		Holders in person or by agent duly appointed in writing; and, except as herein
		otherwise expressly provided, such action shall become effective when such
		instrument or instruments are delivered to the Trustee and, where it is hereby
		expressly required, to the Company. Such instrument or instruments (and the
		action embodied therein and evidenced thereby) are herein sometimes referred to
		as the “Act” of the Holders signing such instrument or instruments.
		Proof of execution of any such instrument or of a writing appointing any such
		agent shall be sufficient for any purpose of this Indenture and (subject to
		Section 6.01) conclusive in favor of the Trustee and the Company, if made in
		the manner provided in this Section.
	 

	 
		The fact and date of the execution by any
		Person of any such instrument or writing may be proved by the affidavit of a
		witness of such execution or by a certificate of a notary public or other
		officer authorized by law to take acknowledgments of deeds, certifying that the
		individual signing such instrument or writing acknowledged to him the execution
		thereof. Where such execution is by a signer acting in a capacity other than
		his individual capacity, such certificate or affidavit shall also constitute
		sufficient proof of his authority. The fact and date of the execution of any
		such instrument or writing, or the authority of the Person executing the same,
		may also be proved in any other manner which the Trustee deems
		sufficient.
	 

	 
		The ownership of Securities shall be proved
		by the Security Register.
	 

	 
		Any request, demand, authorization,
		direction, notice, consent, waiver or other Act of the Holder of any Security
		shall bind every future Holder of the same Security and the Holder of
	 

	 
		 
	 

	 
		10
	 

	 
		 
	 

	 
	 

	 

	 
		every Security issued upon the registration
		of transfer thereof or in exchange therefor or in lieu thereof in respect of
		anything done, omitted or suffered to be done by the Trustee or the Company in
		reliance thereon, whether or not notation of such action is made upon such
		Security.
	 

	 
		The Company may, in the circumstances
		permitted by the Trust Indenture Act, set any day as the record date for the
		purpose of determining the Holders of Outstanding Securities of any series
		entitled to give or take any request, demand, authorization, direction, notice,
		consent, waiver or other action provided or permitted by this Indenture to be
		given or taken by Holders of Securities of such series. With regard to any
		record date set pursuant to this paragraph, the Holders of Outstanding
		Securities of the relevant series on such record date (or their duly appointed
		agents), and only such Persons, shall be entitled to give or take the relevant
		action, whether or not such Holders remain Holders after such record date. With
		regard to any action that may be given or taken hereunder only by Holders of a
		requisite principal amount of Outstanding Securities of any series (or their
		duly appointed agents) and for which a record date is set pursuant to this
		paragraph, the Company may, at its option, set an expiration date after which
		no such action purported to be given or taken by any Holder shall be effective
		hereunder unless given or taken on or prior to such expiration date by Holders
		of the requisite principal amount of Outstanding Securities of such series on
		such record date (or their duly appointed agents). On or prior to any
		expiration date set pursuant to this paragraph, the Company may, on one or more
		occasions at its option, extend such date to any later date. Nothing in this
		paragraph shall prevent any Holder (or any duly appointed agent thereof) from
		giving or taking, after any such expiration date, any action identical to, or,
		at any time, contrary to or different from, the action or purported action to
		which such expiration date relates, in which event the Company may set a record
		date in respect thereof pursuant to this paragraph. Nothing in this paragraph
		shall be construed to render ineffective any action taken at any time by the
		Holders (or their duly appointed agents) of the requisite principal amount of
		Outstanding Securities of the relevant series on the date such action is so
		taken. Notwithstanding the foregoing or the Trust Indenture Act, the Company
		shall not set a record date for, and the provisions of this paragraph shall not
		apply with respect to, any notice, declaration or direction referred to in the
		next paragraph.
	 

	 
		The Trustee may set any day as a record date
		for the purpose of determining the Holders of Outstanding Securities of any
		series entitled to join in the giving or making of (i) any Notice of Default,
		(ii) any declaration of acceleration referred to in Section 5.02, if an Event
		of Default with respect to Securities of such series has occurred and is
		continuing and the Trustee shall not have given such a declaration to the
		Company, (iii) any request to institute proceedings referred to in Section
		5.07(2) or (iv) any direction referred to in Section 5.12, in each case with
		respect to Securities of such series. Promptly after any record date is set
		pursuant to this paragraph, the Trustee shall notify the Company and the
		Holders of Outstanding Series of such series of any such record date so fixed
		and the proposed action. The Holders of Outstanding Securities of such series
		on such record date (or their duly appointed agents), and only such Persons,
		shall be entitled to join in such notice, declaration or direction, whether or
		not such Holders remain Holders after such record date; provided that,
		unless such notice, declaration or direction shall have become effective by
		virtue of Holders of the requisite principal amount of Outstanding Securities
		of such series on such record date (or their duly appointed agents) having
		joined therein on or prior to the 90th day after such record date, such notice,
		declaration or direction shall automatically and without any action by any
		Person be cancelled and of no further effect. Nothing in this paragraph shall
		be construed to prevent a Holder (or a duly appointed agent 
	 

	 
		 
	 

	 
		11
	 

	 
		 
	 

	 
	 

	 

	 
		thereof) from giving, before or after the
		expiration of such 90-day period, a notice, declaration or direction contrary
		to or different from, or, after the expiration of such period, identical to,
		the notice, declaration or direction to which such record date relates, in
		which event a new record date in respect thereof shall be set pursuant to this
		paragraph. Nothing in this paragraph shall be construed to render ineffective
		any notice, declaration or direction of the type referred to in this paragraph
		given at any time to the Trustee and the Company by Holders (or their duly
		appointed agents) of the requisite principal amount of Outstanding Securities
		of the relevant series on the date such notice, declaration or direction is so
		given.
	 

	 
		Without limiting the foregoing, a Holder
		entitled hereunder to give or take any action hereunder with regard to any
		particular Security may do so with regard to all or any part of the principal
		amount of such Security or by one or more duly appointed agents each of which
		may do so pursuant to such appointment with regard to all or any different part
		of such principal amount.
	 

	 
		Section 1.06 Notices, Etc., to Trustee, Company and Subsidiary
		Guarantors.
	 

	 
		Any request, demand, authorization,
		direction, notice, consent, waiver or Act of Holders or other document provided
		or permitted by this Indenture to be made upon, given or furnished to, or filed
		with,
	 

	 
		(1) the Trustee by any Holder or by the
		Company or any Subsidiary Guarantor shall be sufficient for every purpose
		hereunder if made, given, furnished or filed in writing (which may be via
		facsimile) to or with the Trustee at its Corporate Trust Office, Attention:
		StealthGas Inc. Administrator, or
	 

	 
		(2) the Company or any Subsidiary Guarantor
		by the Trustee or by any Holder shall be sufficient for every purpose hereunder
		(unless otherwise herein expressly provided) if in writing and mailed,
		first-class postage prepaid, to the Company addressed to it at the address of
		its principal office specified in the first paragraph of this instrument or at
		any other address previously furnished in writing to the Trustee by the
		Company.
	 

	 
		 
	 

	 
		12
	 

	 
		 
	 

	 
	 

	 

	 
		Section 1.07 Notice to Holders; Waiver. Where this Indenture provides for notice to Holders of
		any event, such notice shall be sufficiently given (unless otherwise herein
		expressly provided) if in writing and delivered electronically or mailed,
		first-class postage prepaid, to each Holder affected by such event, at his
		address as it appears in the Security Register, not later than the latest date
		(if any), and not earlier than the earliest date (if any), prescribed for the
		giving of such notice. In any case where notice to Holders is given by mail,
		neither the failure to mail such notice, nor any defect in any notice so
		mailed, to any particular Holder shall affect the sufficiency of such notice
		with respect to other Holders. Where this Indenture provides for notice in any
		manner, such notice may be waived in writing by the Person entitled to receive
		such notice, either before or after the event, and such waiver shall be the
		equivalent of such notice. Waivers of notice by Holders shall be filed with the
		Trustee, but such filing shall not be a condition precedent to the validity of
		any action taken in reliance upon such waiver.
	 

	 
		Section 1.08 Conflict with Trust Indenture Act. If any provision hereof limits, qualifies or conflicts
		with a provision of the Trust Indenture Act that is required under such Act to
		be a part of and govern this Indenture, the latter provision shall control. If
		any provision of this Indenture modifies or excludes any provision of the Trust
		Indenture Act that may be so modified or excluded, the latter provision shall
		be deemed to apply to this Indenture as so modified or to be excluded, as the
		case may be. Wherever this Indenture refers to a provision of the Trust
		Indenture Act, such provision is incorporated by reference in and made a part
		of this Indenture.
	 

	 
		The following Trust Indenture Act terms used
		in this Indenture have the following meanings:
	 

	 
		“commission” means the United
		States Securities and Exchange Commission;
	 

	 
		“indenture securities” means the
		Securities;
	 

	 
		“indenture security holder” means
		a Holder;
	 

	 
		“indenture to be qualified” means
		this Indenture;
	 

	 
		“indenture trustee” or
		“institutional trustee” means the Trustee; and
	 

	 
		“obligor on the indenture
		securities” means the Company, the Subsidiary Guarantors and any other
		obligor on the Securities.
	 

	 
		All other Trust Indenture Act terms used in
		this Indenture that are defined by the Trust Indenture Act, defined by the
		Trust Indenture Act referenced to another statute or defined by any Commission
		Rule and not otherwise defined herein have the meanings defined to them
		thereby. 
	 

	 
		 
	 

	 
		13
	 

	 
		 
	 

	 
	 

	 

	 
		Section 1.09 Effect of Headings and Table of Contents. The Article and Section headings herein and the Table
		of Contents are for convenience only and shall not affect the construction
		hereof.
	 

	 
		Section 1.10 Successors and Assigns. All covenants and agreements in this Indenture by the
		Company or any Subsidiary Guarantor shall bind its respective successors and
		assigns, whether so expressed or not.
	 

	 
		Section 1.11 Separability Clause. In case any provision in this Indenture or in the
		Securities shall be invalid, illegal or unenforceable, the validity, legality
		and enforceability of the remaining provisions shall not in any way be affected
		or impaired thereby.
	 

	 
		Section 1.12 Benefits of Indenture. Nothing in this Indenture or in the Securities,
		express or implied, shall give to any Person, other than the parties hereto and
		their successors hereunder and the Holders, any benefit or any legal or
		equitable right, remedy or claim under this Indenture.
	 

	 
		Section 1.13 Governing Law.
		This Indenture, the Securities and the Subsidiary Guarantees shall be governed
		by and construed in accordance with the law of the State of New York, but
		without regard to principles of conflicts of laws.
	 

	 
		Section 1.14 Legal Holidays.
		In any case where any Interest Payment Date, Redemption Date or Stated Maturity
		of any Security or the last date on which a Holder has the right to convert his
		Securities shall not be a Business Day at any Place of Payment, then
		(notwithstanding any other provision of this Indenture or of the Securities
		(other than a provision of the Securities of any series which specifically
		states that such provision shall apply in lieu of this Section)) payment of
		interest or principal (and premium, if any) or conversion of the Securities
		need not be made at such Place of Payment on such date, but may be made on the
		next succeeding Business Day at such Place of Payment with the same force and
		effect as if made on the Interest Payment Date or Redemption Date, or at the
		Stated Maturity, or on such last day for conversion, provided that no interest
		shall accrue for the period from and after such Interest Payment Date,
		Redemption Date or Stated Maturity, as the case may be.
	 

	 
		Section 1.15 Consent to Service; Jurisdiction.
	 

	 
		(a) The Company, each Subsidiary Guarantor
		and the Trustee agree that any legal suit, action or proceeding arising out of
		or relating to this Indenture, and the Company and each Subsidiary Guarantor
		agree that any legal suit, action or proceeding arising out of or relating to
		the Securities, may be instituted in any federal or state court in the Borough
		of Manhattan, the City of New York. Each of the Company, each Subsidiary
		Guarantor and the Trustee waives any objection which it may now or hereafter
		have to the laying of the venue of any such legal suit, action or proceeding,
		waives any immunity from jurisdiction or to service of process in respect of
		any such suit, action or proceeding, and irrevocably submits to the exclusive
		jurisdiction of any such court in any such suit, action or proceeding.
	 

	 
		(b) Each of the Company and each Subsidiary
		Guarantor hereby designates and appoints Puglisi & Associates as its
		authorized agent upon which process may be served in any legal suit, action or
		proceeding arising out of or relating to this Indenture or the Securities which
		may be 
	 

	 
		 
	 

	 
		14
	 

	 
		 
	 

	 
	 

	 

	 
		instituted in any federal or state court in
		the Borough of Manhattan, the City of New York, and agrees that service of
		process upon such agent, and written notice of said service to the Company and
		the Subsidiary Guarantors by the Person serving the same, shall be deemed in
		every respect effective service of process upon the Company and the Subsidiary
		Guarantors in any such suit, action or proceeding and further designates its
		domicile, the domicile of New York, New York specified above and any domicile
		it may have in the future as its domicile to receive any notice hereunder
		(including service of process). Service of process, to be effective upon the
		Trustee, must be served at the Trustee’s Corporate Trust Office. If for
		any reason Puglisi & Associates (or any successor agent for this purpose)
		shall cease to act as agent for service of process as provided above, the
		Company and the Subsidiary Guarantors will promptly appoint a successor agent
		for this purpose reasonably acceptable to the Trustee. The Company and the
		Subsidiary Guarantors agree to take any and all actions necessary to maintain
		such designation and appointment of such agent in full force and effect.

	 

	 
		ARTICLE II
	 

	 
		 
	 

	 
		SECURITY AND SUBSIDIARY GUARANTEE
		FORMS
	 

	 
		Section 2.01 Forms Generally.
	 

	 
		The Securities of each series and the
		Subsidiary Guarantees to be endorsed thereon shall be in substantially the form
		set forth in this Article, or in such other form as shall be established by or
		pursuant to a Board Resolution or in one or more indentures supplemental
		hereto, in each case with such appropriate insertions, omissions, substitutions
		and other variations as are required or permitted by this Indenture, and may
		have such letters, numbers or other marks of identification and such legends or
		endorsements placed thereon as may be required to comply with the rules of any
		securities exchange or as may, consistently herewith, be determined by the
		officers executing such Securities or Subsidiary Guarantees, as the case may
		be, as evidenced by their execution of the Securities. If the form of
		Securities of any series is established by action taken pursuant to a Board
		Resolution, a copy of an appropriate record of such action shall be certified
		by the Secretary or an Assistant Secretary of the Company and delivered to the
		Trustee at or prior to the delivery of the Company Order contemplated by
		Section 3.03 for the authentication and delivery of such Securities.
	 

	 
		The definitive Securities and the Subsidiary
		Guarantees to be endorsed thereon shall be printed, lithographed or engraved on
		steel engraved borders or may be produced in any other manner, all as
		determined by the officers executing such Securities or Subsidiary Guarantees,
		as the case may be, as evidenced by their execution of such Securities.
	 

	 
		Section 2.02 Form of Face of Security.
	 

	 
		[Insert any legend required by the Internal
		Revenue Code and the regulations thereunder.]
	 

	 
		STEALTHGAS INC.
	 

	 
		 
	 

	 
			
				
				  No.                         

				

			 	
				
				   
				

			 	
				
				  $             

				

			 

 

	 
		 
	 

	 
		15
	 

	 
		 
	 

	 
	 

	 

	 
		StealthGas Inc., a Marshall Islands company
		(herein called the “Company”, which term includes any successor
		Person under the Indenture hereinafter referred to), for value received, hereby
		promises to pay to                                         
		                                     , or registered assigns, the principal sum of
		                                        
		                             Dollars on                                        
		                               [ if the
		Security is to bear interest prior to Maturity, insert —, and to pay interest thereon from
		                             or from the most recent Interest Payment Date to which
		interest has been paid or duly provided for, semi-annually on                      and              in each year, commencing              at the rate of              % per annum, until the principal hereof is paid or made
		available for payment [ if applicable,
		insert —, and at the rate of
		             % per annum on any overdue principal and premium and on
		any overdue installment of interest]. The interest so payable, and punctually
		paid or duly provided for, on any Interest Payment Date will, as provided in
		such Indenture, be paid to the Person in whose name this Security (or one or
		more Predecessor Securities) is registered at the close of business on the
		Regular Record Date for such interest, which shall be the              or              (whether or not a Business Day), as the case may be,
		next preceding such Interest Payment Date. Any such interest not so punctually
		paid or duly provided for will forthwith cease to be payable to the Holder on
		such Regular Record Date and may either be paid to the Person in whose name
		this Security (or one or more Predecessor Securities) is registered at the
		close of business on a Special Record Date for the payment of such Defaulted
		Interest to be fixed by the Trustee, notice whereof shall be given to Holders
		of Securities of this series not less than 10 days prior to such Special Record
		Date, or be paid at any time in any other lawful manner not inconsistent with
		the requirements of any securities exchange on which the Securities of this
		series may be listed, and upon such notice as may be required by such exchange,
		all as more fully provided in said Indenture].
	 

	 
		[If
		the Security is not to bear interest prior to Maturity, insert — The principal of this Security shall not bear
		interest except in the case of a default in payment of principal upon
		acceleration, upon redemption or at Stated Maturity, and in such case the
		overdue principal of this Security shall bear interest at the rate of
		             % per annum, which shall accrue from the date of such
		default in payment to the date payment of such principal has been made or duly
		provided for. Interest on any overdue principal shall be payable on demand. Any
		such interest on any overdue principal that is not so paid on demand shall bear
		interest at the rate of              % per annum, which shall accrue from the date of such
		demand for payment to the date payment of such interest has been made or duly
		provided for, and such interest shall also be payable on demand.]
	 

	 
		Payment of the principal of (and premium, if
		any) and [ if applicable,
		insert — any such] interest on
		this Security will be made at the office or agency of the Company maintained
		for that purpose at the Trustee’s Corporate Trust Office, in such coin or
		currency of the United States of America as at the time of payment is legal
		tender for payment of public and private debts [ if applicable, insert —; provided,
		however, that at the option of the Company payment of interest
		may be made by check mailed to the address of the Person entitled thereto as
		such address shall appear in the Security Register].
	 

	 
		Reference is hereby made to the further
		provisions of this Security set forth on the reverse hereof, which further
		provisions shall for all purposes have the same effect as if set forth at this
		place.
	 

	 
		 
	 

	 
		16
	 

	 
		 
	 

	 
	 

	 

	 
		Unless the certificate of authentication
		hereon has been executed by the Trustee referred to on the reverse hereof by
		manual signature, this Security shall not be entitled to any benefit under the
		Indenture or be valid or obligatory for any purpose.
	 

	 
		IN WITNESS WHEREOF, the Company has caused
		this instrument to be duly executed under its corporate seal.
	 

	 
		Dated:
	 

	 
		 
	 

	 
			
				
				   
				

			 	
				
				   
				

			 	
				
				  STEALTHGAS INC.
				

			 
	
				
				

			 	
				
				   
				

			 	
				
				  
 By: 
				

			 	
				
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Name:

				  Title:
				

			 

 

	 
		 
	 

	 
			
				
				  Attest:
				

			 
	
				
				  ___________________
				

			 

 

	 
		 
	 

	 
		Section 2.03
		Form of Reverse of
		Security.
	 

	 
		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 under an Indenture, dated as of
		                         , 2007 (herein called the “Indenture”), among
		the Company, the Subsidiary Guarantors named therein and Wells Fargo Bank,
		National Association, as Trustee (herein called the “Trustee”, which
		term includes any successor trustee under the Indenture), to which Indenture
		and all indentures supplemental thereto reference is hereby made for a
		statement of the respective rights, limitations of rights, duties and
		immunities thereunder of the Company, the Subsidiary Guarantors, the Trustee
		and the Holders of the Securities and of the terms upon which the Securities
		and the Subsidiary Guarantees endorsed thereon are, and are to be,
		authenticated and delivered. This Security is one of the series designated on
		the face hereof [ if applicable
		insert —, limited in aggregate
		principal amount to $                      ].
	 

	 
		[If
		applicable, insert — Subject to
		and upon compliance with the provisions of the Indenture, the Holder of this
		Security is entitled, at his option, at any time on or before the close of
		business on                 , or in case this Security or a portion hereof is called
		for redemption, then in respect of this Security or such portion hereof until
		and including, but (unless the Company defaults in making the payment due upon
		redemption) not after, the close of business on the 10th calendar day before
		the Redemption Date, to convert this Security (or any portion of the principal
		amount hereof which is $1,000 or an integral multiple thereof), at the
		principal amount hereof, or of such portion, into fully paid and non-assessable
		shares (calculated as to each conversion to the nearest 1/100 of a share) of
		Common Stock of the Company at a conversion price per share of Common Stock
		equal to $              per each share of Common Stock (or at the current
		adjusted conversion price if an adjustment has been made as provided in the
		Indenture) by surrender of this Security, duly endorsed or assigned to the
		Company or in blank, to the Company at its office or agency in                     , accompanied by written notice to 
	 

	 
		 
	 

	 
		17
	 

	 
		 
	 

	 
	 

	 

	 
		the Company that the Holder hereof elects to
		convert this Security, or if less than the entire principal amount hereof is to
		be converted, the portion hereof to be converted, and, in case such surrender
		shall be made during the period from the close of business on any Regular
		Record Date next preceding any Interest Payment Date to the opening of business
		on such Interest Payment Date (unless this Security or the portion thereof
		being converted has been called for redemption on a Redemption Date within such
		period), also accompanied by payment in funds acceptable to the Company of an
		amount equal to the interest payable on such Interest Payment Date on the
		principal amount of this Security then being converted. Subject to the
		aforesaid requirement for payment and, in the case of a conversion after the
		Regular Record Date next preceding any Interest Payment Date and on or before
		such Interest Payment Date, to the right of the Holder of this Security (or any
		Predecessor Security) of record at such Regular Record Date to receive an
		installment of interest (with certain exceptions provided in the Indenture), no
		payment or adjustment is to be made on conversion for interest accrued hereon
		or for dividends on the Common Stock issued on conversion. No fractions of
		shares or scrip representing fractions of shares will be issued on conversion,
		but instead of any fractional interest the Company shall pay a cash adjustment
		as provided in the Indenture. The conversion price is subject to adjustment as
		provided in the Indenture. In addition, the Indenture provides that in case of
		certain consolidations or mergers to which the Company is a party or the
		transfer of substantially all of the assets of the Company, the Indenture shall
		be amended, without the consent of any Holders of Securities, so that this
		Security, if then outstanding, will be convertible thereafter, during the
		period this Security shall be convertible as specified above, only into the
		kind and amount of securities, cash and other property receivable upon the
		consolidation, merger or transfer by a holder of the number of shares of Common
		Stock into which this Security might have been converted immediately prior to
		such consolidation, merger or transfer (assuming such holder of Common Stock
		failed to exercise any rights of election and received per share the kind and
		amount received per share by a plurality of non-electing shares).]
	 

	 
		[If
		applicable insert — The Securities
		of this series are subject to redemption upon not less than 30 days’
		notice delivered, [ if applicable,
		insert — (1) on                      in any year commencing with the year 20      and ending with the year 20      through operation of the sinking fund for this series
		at a Redemption Price equal to 100% of the principal amount, and (2)] at any
		time [ if applicable
		insert on or after                     , 20      ], as a whole or in part, at the election of the
		Company, at the following Redemption Prices (expressed as percentages of the
		principal amount): If redeemed [ if
		applicable insert — on or before
		                    ,      %, and if redeemed] during the 12-month period
		beginning                      of the years indicated,
	 

	 
		 
	 

	 
			
				
				  Year
				

			 	
				
				   
				

			 	
				
				  Redemption
				

			 	
				
				   
				

			 	
				
				  Year
				

			 	
				
				   
				

			 	
				
				  Redemption 

				  Price
				

			 

 

	 
		 
	 

	 
		and thereafter at a Redemption Price equal
		to              % of the principal amount, together in the case of any
		such redemption [ if applicable,
		insert — (whether through
		operation of the sinking fund or otherwise)] with accrued interest to the
		Redemption Date, but interest installments whose Stated Maturity is on or prior
		to such Redemption Date will be payable to the Holders of such Securities, or
		one or more Predecessor Securities, of record at the close of business on the
		relevant Record Dates referred to on the face hereof, all as provided in the
		Indenture.
	 

	 
		 
	 

	 
		18
	 

	 
		 
	 

	 
	 

	 

	 
		[If
		applicable, insert — The
		Securities of this series are subject to redemption upon not less than 30
		days’ notice delivered, (1) on                      in any year commencing with the year              and ending with the year              through operation of the sinking fund for this series
		at the Redemption Prices for redemption through operation of the sinking fund
		(expressed as percentages of the principal amount) set forth in the table
		below, and (2) at any time [ if
		applicable, insert — on or after
		                     ], as a whole or in part, at the election of the
		Company, at the Redemption Prices for redemption otherwise than through
		operation of the sinking fund (expressed as percentages of the principal
		amount) set forth in the table below: If redeemed during the 12-month period
		beginning                      of the years indicated,
	 

	 
		 
	 

	 
			
				
				  Year
				

			 	
				
				   
				

			 	
				
				  Redemption Price

				  For Redemption Through
 Operation of the Sinking Fund
				

			 	
				
				   
				

			 	
				
				  Redemption Price

				  For Redemption
 Otherwise Than Through
 Operation of the Sinking Fund
				

			 

 

	 
		 
	 

	 
		and thereafter at a Redemption Price equal
		to              % of the principal amount, together in the case of any
		such redemption (whether through operation of the sinking fund or otherwise)
		with accrued interest to the Redemption Date, but interest installments whose
		Stated Maturity is on or prior to such Redemption Date will be payable to the
		Holders of such Securities, or one or more Predecessor Securities, of record at
		the close of business on the relevant Record Dates referred to on the face
		hereof, all as provided in the Indenture.]
	 

	 
		[If
		applicable, insert —
		Notwithstanding the foregoing, the Company may not, prior to              redeem any Securities of this series as contemplated by
		[ if applicable, insert — Clause (2) of] the preceding paragraph as a part
		of, or in anticipation of, any refunding operation by the application, directly
		or indirectly, of moneys borrowed having an interest cost to the Company
		(calculated in accordance with generally accepted financial practice) of less
		than              % per annum.]
	 

	 
		[If
		applicable, insert — The sinking
		fund for this series provides for the redemption on                  in each year beginning with the year                  and ending with the year              of [ if
		applicable, insert — not less than
		$              “mandatory sinking fund”) and not more than]
		$              aggregate principal amount of Securities of this
		series. Securities of this series acquired or redeemed by the Company otherwise
		than through ( if applicable,
		insert — mandatory] sinking fund
		payments [ if applicable,
		insert — and Securities
		surrendered for conversion] may be credited against subsequent [
		if applicable, insert — mandatory] sinking fund payments otherwise
		required to be made [ if applicable,
		insert — in the inverse order in
		which they become due).]
	 

	 
		[If
		the Security is subject to redemption of any kind, insert
		— In the event of redemption or conversion of this Security in part only,
		a new Security or Securities of this series and of like tenor for the
		unredeemed or unconverted portion hereof will be issued in the name of the
		Holder hereof upon the cancellation hereof.]
	 

	 
		[If
		applicable, insert — The Indenture
		contains provisions for defeasance at any time of (l) the entire indebtedness
		of this Security or (2) certain restrictive covenants and Events of
		Default
	 

	 
		 
	 

	 
		19
	 

	 
		 
	 

	 
	 

	 

	 
		with respect to this Security, in each case
		upon compliance with certain conditions set forth in the Indenture.]
	 

	 
		[ If
		the Security is not an Original Issue Discount Security, insert — If an Event of Default with respect to
		Securities of this series shall occur and be continuing, the principal of the
		Securities of this series may be declared due and payable in the manner and
		with the effect provided in the Indenture.]
	 

	 
		[If
		the Security is an Original Issue Discount Security, insert — If an Event of Default with respect to
		Securities of this series shall occur and be continuing, an amount of principal
		of the Securities of this series may be declared due and payable in the manner
		and with the effect provided in the Indenture. Such amount shall be equal to
		insert formula for determining the
		amount . Upon payment (i) of the amount
		of principal so declared due and payable and (ii) of interest on any overdue
		principal and overdue interest all of the Company’s obligations in respect
		of the payment of the principal of and interest, if any, on the Securities of
		this series shall terminate.]
	 

	 
		The Indenture permits, with certain
		exceptions as therein provided, the amendment thereof and the modification of
		the rights and obligations of the Company and the Subsidiary Guarantors and the
		rights of the Holders of the Securities of each series to be affected under the
		Indenture at any time by the Company, the Subsidiary Guarantors and the Trustee
		with the consent of the Holders of a majority in principal amount of the
		Securities at the time Outstanding of each series to be affected. The Indenture
		also contains provisions permitting the Holders of specified percentages in
		principal amount of the Securities of each series at the time Outstanding, on
		behalf of the Holders of all Securities of such series, to waive compliance by
		the Company or the Subsidiary Guarantors with certain provisions of the
		Indenture and certain past defaults under the Indenture and their consequences.
		Any such consent or waiver by the Holder of this Security shall be conclusive
		and binding upon such Holder and upon all future Holders of this Security and
		of any Security issued upon the registration of transfer hereof or in exchange
		herefor or in lieu hereof, whether or not notation of such consent or waiver is
		made upon this Security.
	 

	 
		As provided in and subject to the provisions
		of the Indenture, the Holder of this Security shall not have the right to
		institute any proceeding with respect to the Indenture or for the appointment
		of a receiver or trustee or for any other remedy thereunder, unless such Holder
		shall have previously given the Trustee written notice of a continuing Event of
		Default with respect to the Securities of this series, the Holders of not less
		than 25% in principal amount of the Securities of this series at the time
		Outstanding shall have made written request to the Trustee to institute
		proceedings in respect of such Event of Default as Trustee and offered the
		Trustee reasonable indemnity, and the Trustee shall not have received from the
		Holders of a majority in principal amount of Securities of this series at the
		time Outstanding a direction inconsistent with such request, and shall have
		failed to institute any such proceeding, for 60 days after receipt of such
		notice, request and offer of indemnity. The foregoing shall not apply to any
		suit instituted by the Holder of this Security for the enforcement of any
		payment of principal hereof or any premium or interest hereon on or after the
		respective due dates expressed herein.
	 

	 
		No reference herein to the Indenture and no
		provision of this Security or of the Indenture shall alter or impair the
		obligation of the Company, which is absolute and unconditional, to pay
	 

	 
		 
	 

	 
		20
	 

	 
		 
	 

	 
	 

	 

	 
		the principal of (and premium, if any) and
		interest on this Security at the times, place and rate, and in the coin or
		currency, herein prescribed or to convert this Security as provided in the
		Indenture.
	 

	 
		As provided in the Indenture and subject to
		certain limitations therein set forth, the transfer of this Security is
		registerable in the Security Register, upon surrender of this Security for
		registration of transfer at the office or agency of the Company in any place
		where the principal of and any premium and interest on this Security are
		payable, duly endorsed by, or accompanied by a written instrument of transfer
		in form satisfactory to the Company and the Security Registrar duly executed
		by, the Holder hereof or his attorney duly authorized in writing, and thereupon
		one or more new Securities of this series and of like tenor, of authorized
		denominations and for the same aggregate principal amount, will be issued to
		the designated transferee or transferees.
	 

	 
		The Securities of this series are issuable
		only in registered form without coupons in denominations of $1,000 and any
		integral multiple thereof. As provided in the Indenture and subject to certain
		limitations therein set forth, Securities of this series are exchangeable for a
		like aggregate principal amount of Securities of this series and of like tenor
		of a different authorized denomination, as requested by the Holder surrendering
		the same.
	 

	 
		No service charge shall be made for any such
		registration of transfer or exchange, but the Company or the Security Registrar
		may require payment of a sum sufficient to cover any tax or other governmental
		charge payable in connection therewith.
	 

	 
		Prior to due presentment of this Security
		for registration of transfer, the Company, the Subsidiary Guarantors, the
		Trustee and any agent of the Company, the Subsidiary Guarantors or the Trustee
		may treat the Person in whose name this Security is registered as the owner
		hereof for all purposes, whether or not this Security be overdue, and neither
		the Company, the Subsidiary Guarantors, the Trustee nor any such agent shall be
		affected by notice to the contrary.
	 

	 
		All terms used in this Security which are
		defined in the Indenture shall have the meanings assigned to them in the
		Indenture.
	 

	 
		[If applicable, insert —
	 

	 
		FORM OF CONVERSION NOTICE]
	 

	 
			
				
				  To:  
				

			 	
				
				  STEALTHGAS INC.
				

			 

 

	 
		The undersigned owner of this Security
		hereby irrevocably exercises the option to convert this Security, or portion
		hereof (which is $1,000 or an integral multiple thereof) below designated, into
		shares of Common Stock of StealthGas Inc., in accordance with the terms of the
		Indenture referred to in this Security, and directs that the shares issuable
		and deliverable upon the conversion, together with any check in payment for
		fractional shares and any Securities, representing any unconverted principal
		amount hereof, be issued and delivered to the registered holder hereof unless a
		different name has been indicated below. If shares are to be issued in the name
		of a person other than the undersigned, the undersigned will pay all transfer
		taxes payable
	 

	 
		 
	 

	 
		21
	 

	 
		 
	 

	 
	 

	 

	 
		with respect thereto. Any amount required to
		be paid by the undersigned on account of interest accompanies this
		Security.
	 

	 
		 
	 

	 
			
				
				  Dated:
				

			 	
				
				   
				

			 	
				
				   
				

			 
	
				
				   
				

			 	
				
				   
				

			 
	
				
				  Fill in for registration of shares
				  of Common Stock and Securities if to be issued otherwise than to the registered
				  holder.
				

			 	
				
				   
				

			 	
				
				   
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				  Principal Amount to be converted (in
				  an integral multiple of $1,000, if less than all):
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				  $
				

			 
	
				
				  Name
				

			 	
				
				   
				

			 	
				
				   
				

			 
	
				
				   
				

			 	
				
				   
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 
	
				
				  Address
				

			 	
				
				   
				

			 	
				
				   
				

			 
	
				
				   
				

			 	
				
				   
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 
	
				
				  (Please print name and address,
				  including zip code number)
				

			 	
				
				   
				

			 	
				
				   Signature
				

			 
	
				
				   
				

			 
	
				
				  SOCIAL SECURITY OR OTHER
				

				
				  TAXPAYER IDENTIFYING—
				  
				

			 	
				
				   
				

			 	
				
				  [SIGNATURE GUARANTEED
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 
	
				
				  NUMBER
				

			 	
				
				   
				

			 	
				
				  required only if Common
				

				
				  Stock and Securities are to
				  be
				

				
				  issued and delivered to other than
				  registered
				

				
				  holder]
				

			 
	
				
				  [                                          
				                                       ]

				

			 	
				
				   
				

			 	
				
				   
				

			 
				

 

	 
		Section 2.04
		Form of Legend for Global
		Securities.
	 

	 
		Unless otherwise specified as contemplated
		by Section 3.01 for the Securities evidenced thereby, every Global Security
		authenticated and delivered hereunder shall bear a legend in substantially the
		following form:
	 

	 
		This Security is a Global Security within
		the meaning of the Indenture hereinafter referred to and is registered in the
		name of a Depositary or a nominee thereof. This Security may not be transferred
		to, or registered or exchanged for Securities registered in the name of, any
		Person other than the Depositary or a nominee thereof and no such transfer may
		be registered, except in the limited circumstances described in the Indenture.
		Every Security authenticated and delivered upon registration of transfer of, or
		in exchange for or in lieu of, this Security shall be a Global Security subject
		to the foregoing, except in such limited circumstances.
	 

	 
		Section 2.05
		Form of Trustee’s Certificate of
		Authentication. The Trustee’s
		certificates of authentication shall be in substantially the following
		form:
	 

	 
		 
	 

	 
		22
	 

	 
		 
	 

	 
	 

	 

	 
		This is one of the Securities of the series
		designated herein with the Subsidiary Guarantees endorsed hereon and referred
		to in the within-mentioned Indenture.
	 

	 
		 
	 

	 
			
				
				   
				

			 	
				
				   
				

			 	
				
				  WELLS FARGO BANK,

				  NATIONAL ASSOCIATION,

				  as Trustee
				

			 
	
				
				

			 	
				
				   
				

			 	
				
				  
 By: 
				

			 	
				
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Authorized Signatory
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				  Dated: 
				

			 	
				
				   
				

			 

 

	 
		Section 2.06
		Form of Guarantee.
	 

	 
		GUARANTEE
	 

	 
		For value received, each of the Subsidiary
		Guarantors listed below hereby jointly and severally unconditionally guarantees
		to the Holder of the Security upon which this Guarantee is endorsed, and to the
		Trustee on behalf of such Holder, the due and punctual payment of the principal
		of (and premium, if any) and interest on such Security when and as the same
		shall become due and payable, whether at the Stated Maturity, by acceleration,
		call for redemption, purchase or otherwise, according to the terms thereof and
		of the Indenture referred to therein. In case of the failure of the Company
		punctually to make any such payment, each of the Subsidiary Guarantors hereby
		jointly and severally agrees to cause such payment to be made punctually when
		and as the same shall become due and payable, whether at the Stated Maturity or
		by acceleration, call for redemption, purchase or otherwise, and as if such
		payment were made by the Company.
	 

	 
		Each of the Subsidiary Guarantors hereby
		jointly and severally agrees that its obligations hereunder shall be
		unconditional, irrespective of the validity, regularity or enforceability of
		such Security or the Indenture, the absence of any action to enforce the same
		or any release or amendment or waiver of any term of any other Guarantee of, or
		any consent to departure from any requirement of any other Guarantee of all or
		of any of the Securities, the election by the Trustee or any of the Holders in
		any proceeding under Chapter 11 of the Bankruptcy Code of the application of
		Section 1111(b)(2) of the Bankruptcy Code, any borrowing or grant of a security
		interest by the Company, as debtor-in-possession, under Section 364 of the
		Bankruptcy Code, the disallowance, under Section 502 of the Bankruptcy Code, of
		all or any portion of the claims of the Trustee or any of the Holders for
		payment of any of the Securities, any waiver or consent by the Holder of such
		Security or by the Trustee or either of them with respect to any provisions
		thereof or of the Indenture, the obtaining of any judgment against the Company
		or any action to enforce the same or any other circumstances which might
		otherwise constitute a legal or equitable discharge or defense of a guarantor.
		Each of the Subsidiary Guarantors hereby waives the benefits of diligence,
		presentment, demand of payment, any requirement that the Trustee or any of the
		Holders exhaust any right or take any action against the Company or any other
		Person, filing of claims with a court in the event of insolvency or bankruptcy
		of the Company, any right to require a proceeding first against the Company,
		protest or notice with respect to such Security 
	 

	 
		 
	 

	 
		23
	 

	 
		 
	 

	 
	 

	 

	 
		or the Indebtedness evidenced thereby and
		all demands whatsoever, and covenants that this Subsidiary Guarantee will not
		be discharged except by complete performance of the obligations contained in
		such Security and in this Subsidiary Guarantee. Each of the Subsidiary
		Guarantors hereby agrees that, in the event of a default in payment of
		principal (or premium, if any) or interest on such Security, whether at the
		Stated Maturity, by acceleration, call for redemption, purchase or otherwise,
		legal proceedings may be instituted by the Trustee on behalf of, or by, the
		Holder of such Security, subject to the terms and conditions set forth in the
		Indenture, directly against each of the Subsidiary Guarantors to enforce this
		Subsidiary Guarantee without first proceeding against the Company. Each
		Subsidiary Guarantor agrees that if, after the occurrence and during the
		continuance of an Event of Default, the Trustee or any of the Holders are
		prevented by applicable law from exercising their respective rights to
		accelerate the maturity of the Securities, to collect interest on the
		Securities, or to enforce or exercise any other right or remedy with respect to
		the Securities, such Subsidiary Guarantor agrees to pay to the Trustee for the
		account of the Holders, upon demand therefor, the amount that would otherwise
		have been due and payable had such rights and remedies been permitted to be
		exercised by the Trustee or any of the Holders.
	 

	 
		No reference herein to the Indenture and no
		provision of this Subsidiary Guarantee or of the Indenture shall alter or
		impair the Subsidiary Guarantee of any Subsidiary Guarantor, which is absolute
		and unconditional, of the due and punctual payment of the principal (and
		premium, if any) and interest on the Security upon which this Subsidiary
		Guarantee is endorsed.
	 

	 
		Each Subsidiary Guarantor shall be
		subrogated to all rights of the Holder of this Security against the Company in
		respect of any amounts paid by such Subsidiary Guarantor on account of this
		Security pursuant to the provisions of its Subsidiary Guarantee or the
		Indenture; provided, however, that
		such Subsidiary Guarantor shall not be entitled to enforce or to receive any
		payments arising out of, or based upon, such right of subrogation until the
		principal of (and premium, if any) and interest on this Security and all other
		Securities issued under the Indenture shall have been paid in full.
	 

	 
		This Subsidiary Guarantee shall remain in
		full force and effect and continue to be effective should any petition be filed
		by or against the Company for liquidation or reorganization, should the Company
		become insolvent or make an assignment for the benefit of creditors or should a
		receiver or trustee be appointed for all or any significant part of the
		Company’s assets, and shall, to the fullest extent permitted by law,
		continue to be effective or be reinstated, as the case may be, if at any time
		payment and performance of the Securities is, pursuant to applicable law,
		rescinded or reduced in amount, or must otherwise be restored or returned by
		any obligee on the Securities whether as a “voidable preference,”
		“fraudulent transfer,” or otherwise, all as though such payment or
		performance had not been made. In the event that any payment, or any part
		thereof, is rescinded, reduced, restored or returned, the Securities shall, to
		the fullest extent permitted by law, be reinstated and deemed reduced only by
		such amount paid and not so rescinded, reduced, restored or returned.
	 

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

	 
		 
	 

	 
		24
	 

	 
		 
	 

	 
	 

	 

	 
		The Subsidiary Guarantors or any particular
		Subsidiary Guarantor shall be released from this Subsidiary Guarantee upon the
		terms and subject to certain conditions provided in the Indenture.
	 

	 
		By delivery of a Supplemental Indenture to
		the Trustee in accordance with the terms of the Indenture, each Person that
		becomes a Subsidiary Guarantor after the date of the Indenture will be deemed
		to have executed and delivered this Guarantee for the benefit of the Holder of
		this Security with the same effect as if such Subsidiary Guarantor was named
		below.
	 

	 
		All terms used in this Subsidiary Guarantee
		which are defined in the Indenture referred to in the Security upon which this
		Subsidiary Guarantee is endorsed shall have the meanings assigned to them in
		such Indenture.
	 

	 
		This Subsidiary Guarantee shall not be valid
		or obligatory for any purpose until the certificate of authentication on the
		Security upon which this Subsidiary Guarantee is endorsed shall have been
		executed by the Trustee under the Indenture by manual signature.
	 

	 
		Reference is made to Article XIII of the
		Indenture for further provisions with respect to this Subsidiary
		Guarantee.
	 

	 
		THIS SUBSIDIARY GUARANTEE SHALL BE GOVERNED
		BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK.
	 

	 
		IN WITNESS WHEREOF, each of the Subsidiary
		Guarantors has caused this Subsidiary Guarantee to be duly executed.
	 

	 
		 
	 

	 
			
				
				   
				

			 	
				
				   
				

			 	
				
				  [Insert Subsidiary Guarantors, as
				  applicable]
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				  Each as Subsidiary Guarantor
				

			 
	
				
				

			 	
				
				   
				

			 	
				
				  
 By: 
				

			 	
				
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Authorized Signatory
				

			 

 

	 
		ARTICLE
		III
	 

	 
		 
	 

	 
		THE SECURITIES
	 

	 
		Section 3.01
		Amount Unlimited; Issuable in
		Series.
	 

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

	 
		The Securities may be issued in one or more
		series. There shall be established in or pursuant to a Board Resolution and,
		subject to Section 3.03, set forth, or determined in the manner provided, in an
		Officer’s Certificate, or established in one or more indentures
		supplemental hereto, prior to the issuance of Securities of any series,
	 

	 
		 
	 

	 
		25
	 

	 
		 
	 

	 
	 

	 

	 
		(1) the title of the Securities of the
		series, including CUSIP Numbers (which shall distinguish the Securities of the
		series from Securities of any other series);
	 

	 
		(2) any limit upon the aggregate principal
		amount of the Securities of the series which may be authenticated and delivered
		under this Indenture (except for Securities authenticated and delivered upon
		registration of transfer of, or in exchange for, or in lieu of, other
		Securities of the series pursuant to Section 3.04, 3.05, 3.06 or 9.06 and
		except for any Securities which, pursuant to Section 3.03, are deemed never to
		have been authenticated and delivered hereunder);
	 

	 
		(3) the Person to whom any interest on a
		Security of the series shall be payable, if other than the Person in whose name
		that Security (or one or more Predecessor Securities) is registered at the
		close of business on the Regular Record Date for such interest;
	 

	 
		(4) the date or dates on which the principal
		of the Securities of the series is payable;
	 

	 
		(5) the rate or rates at which the
		Securities of the series shall bear interest, if any, the date or dates from
		which such interest shall accrue, the Interest Payment Dates on which any such
		interest shall be payable and the Regular Record Date for any interest payable
		on any Interest Payment Date;
	 

	 
		(6) the place or places where the principal
		of and any premium and interest on Securities of the series shall be
		payable;
	 

	 
		(7) the period or periods within which, the
		price or prices at which and the terms and conditions upon which Securities of
		the series may be redeemed, in whole or in part, at the option of the
		Company;
	 

	 
		(8) the obligation, if any, of the Company
		to redeem or purchase Securities of the series pursuant to any sinking fund or
		analogous provisions or at the option of a Holder thereof and the period or
		periods within which, the price or prices at which and the terms and conditions
		upon which Securities of the series shall be redeemed or purchased, in whole or
		in part, pursuant to such obligation;
	 

	 
		(9) if other than denominations of $1,000
		and any integral multiple thereof, the denominations in which Securities of the
		series shall be issuable;
	 

	 
		(10) the currency, currencies or currency
		units in which payment of the principal of and any premium and interest on any
		Securities of the series shall be payable if other than the currency of the
		United States of America and the manner of determining the equivalent thereof
		in the currency of the United States of America for purposes of the definition
		of  “Outstanding” in Section 1.01;
	 

	 
		(11) if the amount of payments of principal
		of or any premium or interest on any Securities of the series may be determined
		with reference to an index, the manner in which such amounts shall be
		determined;
	 

	 
		 
	 

	 
		26
	 

	 
		 
	 

	 
	 

	 

	 
		(12) if the principal of or any premium or
		interest on any Securities of the series is to be payable, at the election of
		the Company or a Holder thereof, in one or more currencies or currency units
		other than that or those in which the Securities are stated to be payable, the
		currency, currencies or currency units in which payment of the principal of and
		any premium and interest on Securities of such series as to which such election
		is made shall be payable, and the periods within which and the terms and
		conditions upon which such election is to be made;
	 

	 
		(13) if other than the principal amount
		thereof, the portion of the principal amount of Securities of the series which
		shall be payable upon declaration of acceleration of the Maturity thereof
		pursuant to Section 5.02;
	 

	 
		(14) the applicability, nonapplicability, or
		variation, of Article XIII with respect to the Securities of such
		Series;
	 

	 
		(15) if applicable, that the Securities of
		the series shall be subject to either or both of Defeasance or Covenant
		Defeasance as provided in Article XIV; provided that no
		series of Securities that is convertible into Common Stock as provided in
		Article XV or convertible into or exchangeable for any other securities
		pursuant to Section 3.01(18) shall be subject to Defeasance pursuant to Section
		14.02;
	 

	 
		(16) if and as applicable, that the
		Securities of the series shall be issuable in whole or in part in the form of
		one or more Global Securities and, in such case, the Depositary or Depositaries
		for such Global Security or Global Securities and any circumstances other than
		those set forth in Section 3.05 in which any such Global Security may be
		transferred to, and registered and exchanged for Securities registered in the
		name of, a Person other than the Depositary for such Global Security or a
		nominee thereof and the name in which any such transfer may be
		registered;
	 

	 
		(17) the terms and conditions, if any,
		pursuant to which the Securities are convertible into Common Stock of the
		Company pursuant to Article XV, and any variation thereof;
	 

	 
		(18) the terms and conditions, if any,
		pursuant to which the Securities are convertible into or exchangeable for any
		other securities;
	 

	 
		(19) any addition to or change in the Events
		of Default set forth in Section 5.01 or the covenants set forth in Article X
		which applies to Securities of the series;
	 

	 
		(20) any requirements for Subsidiary
		Guarantees by any Subsidiary Guarantors; and
	 

	 
		(21) any other terms of the series (which
		terms shall not be inconsistent with the provisions of this Indenture, except
		as permitted by Section 9.01(5)).
	 

	 
		All Securities of any one series shall be
		substantially identical except as to denomination and except as may otherwise
		be provided in or pursuant to the Board Resolution referred to
	 

	 
		 
	 

	 
		27
	 

	 
		 
	 

	 
	 

	 

	 
		above and (subject to Section 3.03) set
		forth, or determined in the manner provided, in the Officer’s Certificate
		referred to above or in any such indenture supplemental hereto.
	 

	 
		If any of the terms of the series are
		established by action taken pursuant to a Board Resolution, a copy of an
		appropriate record of such action shall be certified by the Secretary or an
		Assistant Secretary of the Company and delivered to the Trustee at or prior to
		the delivery of the Officer’s Certificate setting forth the terms of the
		series.
	 

	 
		The Company may, from time to time, by
		adoption of a Board Resolution and subject to compliance with any other
		applicable provisions of this Indenture, without the consent of the Holders,
		create and issue pursuant to this Indenture additional securities of any series
		of Securities (“Add On Securities”) having terms and conditions
		identical to those of such series of Outstanding Securities, except that such
		Add On Securities:
	 

	 
		(A) may have a different issue date from
		such series of Outstanding Securities;
	 

	 
		(B) may have a different amount of interest
		payable on the first Interest Payment Date after issuance than is payable on
		such series of Outstanding Securities; and
	 

	 
		(C) may have terms specified in such Board
		Resolution for such Add On Securities making appropriate adjustments to this
		Article III applicable to such Add On Securities in order to conform to and
		ensure compliance with the Securities Act (or applicable securities laws) which
		are not adverse in any material respect to the Holder of any Outstanding
		Securities (other than such Add On Securities) and which shall not affect the
		rights or duties of the Trustee.
	 

	 
		Section 3.02
		Denominations. The Securities of each series shall be issuable only
		in registered form without coupons in such denominations as shall be specified
		as contemplated by Section 3.01. In the absence of any such specified
		denomination with respect to the Securities of any series, the Securities of
		such series shall be issuable in denominations of $1,000 and any integral
		multiple thereof.
	 

	 
		Section 3.03
		Execution, Authentication, Delivery and
		Dating. The Securities shall be
		executed on behalf of the Company by its Chairman of the Board, its Vice
		Chairman of the Board, its President or one of its Vice Presidents attested by
		its Chief Financial Officer, Finance Director, its Treasurer or an Assistant
		Treasurer, its Secretary or one of its Assistant Secretaries. The signature of
		any of these officers on the Securities may be manual or facsimile.
	 

	 
		Securities bearing the manual or facsimile
		signatures of individuals who were at any time the proper officers of the
		Company shall bind the Company, notwithstanding that such individuals or any of
		them have ceased to hold such offices prior to the authentication and delivery
		of such Securities or did not hold such offices at the date of such
		Securities.
	 

	 
		At any time and from time to time after the
		execution and delivery of this Indenture, the Company may deliver Securities of
		any Series executed by the Company and having endorsed thereon the Subsidiary
		Guarantees executed pursuant to Section 13.02 by the Subsidiary 
	 

	 
		 
	 

	 
		28
	 

	 
		 
	 

	 
	 

	 

	 
		Guarantors to the Trustee for
		authentication, together with a Company Order for the authentication and
		delivery of such Securities with the Subsidiary Guarantees endorsed thereon,
		and the Trustee in accordance with the Company Order shall authenticate and
		deliver such Securities with the Subsidiary Guarantees endorsed thereon. If the
		form or terms of the Securities of the series have been established in or
		pursuant to one or more Board Resolutions as permitted by Sections 2.01 and
		3.01, in authenticating such Securities, and accepting the additional
		responsibilities under this Indenture in relation to such Securities, the
		Trustee shall be entitled to receive, and (subject to Section 6.01) shall be
		fully protected in relying upon, an Opinion of Counsel stating,
	 

	 
		(1) if the form of such Securities has been
		established by or pursuant to Board Resolution as permitted by Section 2.01,
		that such form has been established in conformity with the provisions of this
		Indenture;
	 

	 
		(2) if the terms of such Securities have
		been established by or pursuant to Board Resolution as permitted by Section
		3.01, that such terms have been established in conformity with the provisions
		of this Indenture; and
	 

	 
		(3) that such Securities, when authenticated
		and delivered by the Trustee and issued by the Company in the manner and
		subject to any conditions specified in such Opinion of Counsel, will constitute
		valid and legally binding obligations of the Company enforceable in accordance
		with their terms, subject to bankruptcy, insolvency, fraudulent transfer,
		reorganization, moratorium and similar laws of general applicability relating
		to or affecting creditors’ rights and to general equity principles.

	 

	 
		If such form or terms have been so
		established, the Trustee shall not be required to authenticate such Securities
		if the issue of such Securities pursuant to this Indenture will affect the
		Trustee’s own rights, duties or immunities under the Securities and this
		Indenture or otherwise in a manner which is not reasonably acceptable to the
		Trustee.
	 

	 
		Notwithstanding the provisions of Section
		3.01 and of the preceding paragraph, if all Securities of a series are not to
		be originally issued at one time, it shall not be necessary to deliver the
		Officer’s Certificate otherwise required pursuant to Section 3.01 or the
		Opinion of Counsel otherwise required pursuant to such preceding paragraph at
		or prior to the time of authentication of each Security of such series if such
		documents are delivered at or prior to the authentication upon original
		issuance of the first Security of such series to be issued.
	 

	 
		Each Security shall be dated the date of its
		authentication. No Security or Subsidiary Guarantee shall be entitled to any
		benefit under this Indenture or be valid or obligatory for any purpose unless
		there appears on such Security a certificate of authentication substantially in
		the form provided for herein executed by the Trustee by manual signature, and
		such certificate upon any Security shall be conclusive evidence, and the only
		evidence, that such Security and the Subsidiary Guarantees endorsed thereon
		have been duly authenticated and delivered hereunder. Notwithstanding the
		foregoing, if any Security shall have been authenticated and delivered
		hereunder but never issued and sold by the Company, and the Company shall
		deliver such Security to the Trustee for cancellation as provided in Section
		3.09, for all purposes of this 
	 

	 
		 
	 

	 
		29
	 

	 
		 
	 

	 
	 

	 

	 
		Indenture such Security shall be deemed
		never to have been authenticated and delivered hereunder and shall never be
		entitled to the benefits of this Indenture.
	 

	 
		Section 3.04
		Temporary Securities. Pending the preparation of definitive Securities of
		any series, the Company may execute, and upon Company Order the Trustee shall
		authenticate and deliver, temporary Securities which are printed, lithographed,
		typewritten, mimeographed or otherwise produced, in any authorized
		denomination, substantially of the tenor of the definitive Securities in lieu
		of which they are issued and having endorsed thereon the Subsidiary Guarantees
		substantially of the tenor of the definitive Subsidiary Guarantees in lieu of
		which they are issued duly executed by the Subsidiary Guarantors and with such
		appropriate insertions, omissions, substitutions and other variations as the
		officers executing such Securities and Subsidiary Guarantees may determine, as
		evidenced by their execution of such Securities and Subsidiary
		Guarantees.
	 

	 
		If temporary Securities of any series are
		issued, the Company will cause definitive Securities of that series to be
		prepared without unreasonable delay. After the preparation of definitive
		Securities of such series, the temporary Securities of such series shall be
		exchangeable for definitive Securities of such series upon surrender of the
		temporary Securities of such series at the office or agency of the Company in a
		Place of Payment for that series, without charge to the Holder. Upon surrender
		for cancellation of any one or more temporary Securities of any series the
		Company shall execute and the Trustee shall authenticate and deliver in
		exchange therefor one or more definitive Securities of the same series, of any
		authorized denominations and of a like aggregate principal amount and having
		endorsed thereon Subsidiary Guarantees of the same tenor executed by the
		Subsidiary Guarantors. Until so exchanged, the temporary Securities of any
		series shall in all respects be entitled to the same benefits under this
		Indenture as definitive Securities of such series and tenor.
	 

	 
		Section 3.05
		Registration, Registration of Transfer
		and Exchange. The Company shall cause
		to be kept at the Corporate Trust Office of the Trustee a register (the
		register maintained in such office and in any other office or agency of the
		Company in a Place of Payment being herein sometimes collectively referred to
		as the “Security Register”) in which, subject to such reasonable
		regulations as it may prescribe, the Company shall provide for the registration
		of Securities and of transfers of Securities. The Trustee is hereby appointed
		“Security Registrar” for the purpose of registering Securities and
		transfers of Securities as herein provided.
	 

	 
		Upon surrender for registration of transfer
		of any Security of any series at the office or agency in a Place of Payment for
		that series, the Company shall execute, and the Trustee shall authenticate and
		deliver, in the name of the designated transferee or transferees, one or more
		new Securities of the same series, of any authorized denominations and of a
		like tenor and aggregate principal amount, each such Security having endorsed
		thereon the Subsidiary Guarantees executed by the Subsidiary Guarantors.

	 

	 
		At the option of the Holder, Securities of
		any series may be exchanged for other Securities of the same series, of any
		authorized denominations and of a like tenor and aggregate principal amount,
		and having the Subsidiary Guarantee endorsed thereon executed by each
		Subsidiary Guarantor, upon surrender of the Securities to be exchanged at such
		office or agency. Whenever any Securities are so surrendered for exchange, the
		Company shall execute, the
	 

	 
		 
	 

	 
		30
	 

	 
		 
	 

	 
	 

	 

	 
		Subsidiary Guarantors shall execute the
		Subsidiary Guarantees endorsed on, and the Trustee shall authenticate and
		deliver, the Securities which the Holder making the exchange is entitled to
		receive.
	 

	 
		All Securities and the Subsidiary Guarantees
		endorsed thereon issued upon any registration of transfer or exchange of
		Securities shall be the valid obligations of the Company and the respective
		Subsidiary Guarantors, evidencing the same debt and Subsidiary Guarantees, and
		entitled to the same benefits under this Indenture, as the Securities and
		Subsidiary Guarantees surrendered upon such registration of transfer or
		exchange.
	 

	 
		Every Security presented or surrendered for
		registration of transfer or for exchange shall (if so required by the Company
		or the Trustee) be duly endorsed, or be accompanied by a written instrument of
		transfer in form satisfactory to the Company and the Security Registrar duly
		executed, by the Holder thereof or his attorney duly authorized in
		writing.
	 

	 
		No service charge shall be made for any
		registration of transfer or exchange of Securities, but the Company or Security
		Registrar may require payment of a sum sufficient to cover any tax or other
		governmental charge that may be imposed in connection with any registration of
		transfer or exchange of Securities, other than exchanges pursuant to Section
		3.04 or 9.06 not involving any transfer.
	 

	 
		The Company shall not be required (1) to
		issue, register the transfer of or exchange Securities of any series during a
		period beginning at the opening of business 15 days before the day of the
		mailing of a notice of redemption of Securities of that series selected for
		redemption under Section 11.03 and ending at the close of business on the day
		of such mailing, or (2) to register the transfer of or exchange any Security so
		selected for redemption in whole or in part, except the unredeemed portion of
		any Security being redeemed in part.
	 

	 
		Notwithstanding any other provision in this
		Indenture, no Global Security may be transferred to, or registered or exchanged
		for Securities registered in the name of, any Person other than the Depositary
		for such Global Security or any nominee thereof, and no such transfer may be
		registered, unless (1) such Depositary (A) notifies the Company that it is
		unwilling or unable to continue as Depositary for such Global Security or (B)
		has ceased to be a clearing agency registered under the Exchange Act, (2) the
		Company executes and delivers to the Trustee a Company Order that such Global
		Security shall be so transferable, registrable and exchangeable, and such
		transfers shall be registrable, (3) there shall have occurred and be continuing
		an Event of Default with respect to the Securities evidenced by such Global
		Security or (4) there shall exist such other circumstances, if any, as have
		been specified for this purpose as contemplated by Section 3.01.
		Notwithstanding any other provision in this Indenture, a Global Security to
		which the restriction set forth in the preceding sentence shall have ceased to
		apply may be transferred only to, and may be registered and exchanged for
		Securities registered only in the name or names of, such Person or Persons as
		the Depositary for such Global Security shall have directed and no transfer
		thereof other than such a transfer may be registered.
	 

	 
		Every Security authenticated and delivered
		upon registration of transfer of, or in exchange for or in lieu of, a Global
		Security to which the restriction set forth in the first sentence of the
		preceding paragraph shall apply, whether pursuant to this Section, Section
		3.04, 3.06 or
	 

	 
		 
	 

	 
		31
	 

	 
		 
	 

	 
	 

	 

	 
		9.06 or otherwise, shall be authenticated
		and delivered in the form of, and shall be, a Global Security.
	 

	 
		Section 3.06
		Mutilated, Destroyed, Lost and Stolen
		Securities. If any mutilated Security
		is surrendered to the Trustee, the Company shall execute, the Subsidiary
		Guarantors shall execute the Subsidiary Guarantees endorsed thereon, and the
		Trustee shall authenticate and deliver in exchange therefor a new Security of
		the same series and of like tenor and principal amount and bearing a number not
		contemporaneously outstanding.
	 

	 
		If there shall be delivered to the Company
		and the Trustee (i) evidence to their satisfaction of the destruction, loss or
		theft of any Security and (ii) such security or indemnity as may be required by
		them to save each of them, each Subsidiary Guarantor and any agent of either of
		them harmless, then, in the absence of notice to the Company or the Trustee
		that such Security has been acquired by a bona fide purchaser, the Company
		shall execute and the Trustee shall authenticate and deliver, in lieu of any
		such destroyed, lost or stolen Security, a new Security of the same series and
		of like tenor and principal amount and bearing a number not contemporaneously
		outstanding and having endorsed thereon the Subsidiary Guarantees executed by
		the Subsidiary Guarantors.
	 

	 
		In case any such mutilated, destroyed, lost
		or stolen Security has become or is about to become due and payable, the
		Company in its discretion may, instead of issuing a new Security, pay such
		Security.
	 

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

	 
		Every new Security of any series issued
		pursuant to this Section in exchange for any mutilated Security or in lieu of
		any destroyed, lost or stolen Security shall constitute an original additional
		contractual obligation of the Company and the respective Subsidiary Guarantors,
		whether or not the mutilated, destroyed, lost or stolen Security shall be at
		any time enforceable by anyone, and shall be entitled to all the benefits of
		this Indenture equally and proportionately with any and all other Securities of
		that series duly issued hereunder.
	 

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

	 
		Section 3.07
		Payment of Interest; Interest Rights
		Preserved. Except as otherwise provided
		as contemplated by Section 3.01 with respect to any series of Securities,
		interest on any Security which is payable, and is punctually paid or duly
		provided for, on any Interest Payment Date shall be paid to the Person in whose
		name that Security (or one or more Predecessor Securities) is registered at the
		close of business on the Regular Record Date for such interest.
	 

	 
		Any interest on any Security of any series
		which is payable, but is not punctually paid or duly provided for, on any
		Interest Payment Date (herein called “Defaulted Interest”) shall
		forthwith cease to be payable to the Holder on the relevant Regular Record Date
		by virtue of
	 

	 
		 
	 

	 
		32
	 

	 
		 
	 

	 
	 

	 

	 
		having been such Holder, and such Defaulted
		Interest may be paid by the Company, at its election in each case, as provided
		in Clause (1) or (2) below:
	 

	 
		(1) The Company may elect to make payment of
		any Defaulted Interest to the Persons in whose names the Securities of such
		series (or their respective Predecessor Securities) are registered at the close
		of business on a Special Record Date for the payment of such Defaulted
		Interest, which shall be fixed in the following manner. The Company shall
		notify the Trustee in writing of the amount of Defaulted Interest proposed to
		be paid on each Security of such series and the date of the proposed payment,
		and at the same time the Company shall deposit with the Trustee an amount of
		money equal to the aggregate amount proposed to be paid in respect of such
		Defaulted Interest or shall make arrangements satisfactory to the Trustee for
		such deposit prior to the date of the proposed payment, such money when
		deposited to be held in trust for the benefit of the Persons entitled to such
		Defaulted Interest as in this Clause provided. Thereupon the Trustee shall fix
		a Special Record Date for the payment of such Defaulted Interest which shall be
		not more than 15 days and not less than 10 days prior to the date of the
		proposed payment and not less than 10 days after the receipt by the Trustee of
		the notice of the proposed payment. The Trustee shall promptly notify the
		Company of such Special Record Date and, in the name and at the expense of the
		Company, shall cause notice of the proposed payment of such Defaulted Interest
		and the Special Record Date therefor to be delivered electronically or mailed,
		first-class postage prepaid, to each Holder of Securities of such series at his
		address as it appears in the Security Register, not less than 10 days prior to
		such Special Record Date. Notice of the proposed payment of such Defaulted
		Interest and the Special Record Date therefor having been so mailed, such
		Defaulted Interest shall be paid to the Persons in whose names the Securities
		of such series (or their respective Predecessor Securities) are registered at
		the close of business on such Special Record Date and shall no longer be
		payable pursuant to the following Clause (2).
	 

	 
		(2) The Company may make payment of any
		Defaulted Interest on the Securities of any series in any other lawful manner
		not inconsistent with the requirements of any securities exchange on which such
		Securities may be listed, and upon such notice as may be required by such
		exchange, if, after notice given by the Company to the Trustee of the proposed
		payment pursuant to this Clause, such manner of payment shall be deemed
		practicable by the Trustee.
	 

	 
		Subject to the foregoing provisions of this
		Section, each Security delivered under this Indenture upon registration of
		transfer of or in exchange for or in lieu of any other Security shall carry the
		rights to interest accrued and unpaid, and to accrue, which were carried by
		such other Security.
	 

	 
		Subject to the provisions of Section 15.02,
		in the case of any Security which is converted after any Regular Record Date
		and on or prior to the next succeeding Interest Payment Date, interest whose
		Stated Maturity is on such Interest Payment Date shall be payable on such
		Interest Payment Date notwithstanding such conversion, and such interest
		(whether or not punctually paid or duly provided for) shall be paid to the
		Person in whose name that Security (or one or more Predecessor Securities) is
		registered at the close of business on such Regular Record Date. Except as
		otherwise expressly provided in the immediately preceding sentence, in the case
		of any 
	 

	 
		 
	 

	 
		33
	 

	 
		 
	 

	 
	 

	 

	 
		Security which is converted, interest whose
		Stated Maturity is after the date of conversion of such Security shall not be
		payable.
	 

	 
		Section 3.08
		Persons Deemed Owners. Prior to due presentment of a Security for
		registration of transfer, the Company, the Subsidiary Guarantors, the Trustee
		and any agent of the Company, the Subsidiary Guarantors or the Trustee may
		treat the Person in whose name such Security is registered as the owner of such
		Security for the purpose of receiving payment of principal of and any premium
		and (subject to Section 3.07) any interest on such Security and for all other
		purposes whatsoever, whether or not such Security be overdue, and neither the
		Company, the Subsidiary Guarantors, the Trustee nor any agent of the Company,
		the Subsidiary Guarantors or the Trustee shall be affected by notice to the
		contrary.
	 

	 
		Section 3.09
		Cancellation. All Securities surrendered for payment, redemption,
		registration of transfer or exchange or conversion or for credit against any
		sinking fund payment shall, if surrendered to any Person other than the
		Trustee, be delivered to the Trustee and shall be promptly cancelled by it. The
		Company may at any time deliver to the Trustee for cancellation any Securities
		previously authenticated and delivered hereunder which the Company may have
		acquired in any manner whatsoever, and may deliver to the Trustee (or to any
		other Person for delivery to the Trustee) for cancellation any Securities
		previously authenticated hereunder which the Company has not issued and sold,
		and all Securities so delivered shall be promptly cancelled by the Trustee. No
		Securities shall be authenticated in lieu of or in exchange for any Securities
		cancelled as provided in this Section, except as expressly permitted by this
		Indenture. All cancelled Securities held by the Trustee shall be disposed of by
		the Trustee in its customary manner.
	 

	 
		Section 3.10
		Computation of Interest. Except as otherwise specified as contemplated by
		Section 3.01 for Securities of any series, interest on the Securities of each
		series shall be computed on the basis of a 360-day year of twelve 30-day
		months.
	 

	 
		Section 3.11
		CUSIP Numbers. The Company in issuing the Securities may use
		“CUSIP” numbers (if then generally in use), and, if so, the Trustee
		shall use “CUSIP” numbers in notices of redemption as a convenience
		to Holders; provided that any such notice may state that no representation
		is made as to the correctness of such numbers either as printed on the
		Securities or as contained in any notice of a redemption and that reliance may
		be placed only on the other identification numbers printed on the Securities,
		and any such redemption shall not be affected by any defect in or omission of
		such numbers. The Company will promptly notify the Trustee of any changes in
		the “CUSIP” numbers.
	 

	 
		ARTICLE
		IV
	 

	 
		 
	 

	 
		SATISFACTION AND DISCHARGE
	 

	 
		Section 4.01
		Satisfaction and Discharge of
		Indenture. This Indenture shall upon
		Company Request cease to be of further effect (except as to any surviving
		rights of conversion, registration of transfer or exchange of Securities herein
		expressly provided for), and the Trustee, at the expense of the Company, shall
		execute proper instruments acknowledging satisfaction and discharge of this
		Indenture, when
	 

	 
		 
	 

	 
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		(1) either
	 

	 
		(A) all Securities theretofore authenticated
		and delivered (other than (i) Securities which have been destroyed, lost or
		stolen and which have been replaced or paid as provided in Section 3.06 and
		(ii) Securities for whose payment money has theretofore been deposited in trust
		or segregated and held in trust by the Company and thereafter repaid to the
		Company or discharged from such trust) have been delivered to the Trustee for
		cancellation; or
	 

	 
		(B) all such Securities not theretofore
		delivered to the Trustee for cancellation;
	 

	 
		(i) have become due and payable, or
	 

	 
		(ii) will become due and payable at their
		Stated Maturity within one year, or
	 

	 
		(iii) are to be called for redemption within
		one year under arrangements satisfactory to the Trustee for the giving of
		notice of redemption by the Trustee in the name, and at the expense, of the
		Company, and the Company and/or a Subsidiary Guarantor, in the case of (i),
		(ii) or (iii) above, has deposited or caused to be deposited with the Trustee
		as trust funds in trust for the purpose an amount sufficient to pay and
		discharge the entire indebtedness on such Securities not theretofore delivered
		to the Trustee for cancellation, for principal and any premium and interest to
		the date of such deposit (in the case of Securities which have become due and
		payable) or to the Stated Maturity or Redemption Date, as the case may
		be;
	 

	 
		(2) the Company and/or a Subsidiary
		Guarantor has paid or caused to be paid all other sums payable hereunder by the
		Company and the Subsidiary Guarantors; and
	 

	 
		(3) the Company has delivered to the Trustee
		an Officer’s Certificate and an Opinion of Counsel, each stating that all
		conditions precedent herein provided for relating to the satisfaction and
		discharge of this Indenture have been complied with.
	 

	 
		Notwithstanding the satisfaction and
		discharge of this Indenture, the obligations of the Company to the Trustee
		under Section 6.07, and, if money shall have been deposited with the Trustee
		pursuant to subclause (B) of Clause (1) of this Section, the obligations of the
		Trustee under Section 4.02, shall survive such satisfaction and
		discharge.
	 

	 
		Section 4.02
		Application of Trust
		Money. All money deposited with the
		Trustee pursuant to Section 4.01 shall be held in trust and applied by it, in
		accordance with the provisions of the Securities and this Indenture, to the
		payment, either directly or through any Paying Agent (including the Company
		acting as its own Paying Agent) as the Trustee may determine, to the Persons
		entitled thereto, of the principal and any premium and interest for whose
		payment such money has been deposited with the Trustee.
	 

	 
		 
	 

	 
		35
	 

	 
		 
	 

	 
	 

	 

	 
		ARTICLE V
	 

	 
		 
	 

	 
		REMEDIES
	 

	 
		Section 5.01
		Events of Default. “Event of Default”, wherever used herein
		with respect to Securities of any series, means any one of the following events
		(whatever the reason for such Event of Default and whether it shall be
		voluntary or involuntary or be effected by operation of law or pursuant to any
		judgment, decree or order of any court or any order, rule or regulation of any
		administrative or governmental body):
	 

	 
		(1) default in the payment of any interest
		upon any Security of that series when it becomes due and payable, and
		continuance of such default for a period of 30 days; or
	 

	 
		(2) default in the payment of the principal
		of (or premium, if any, on) any Security of that series at its Maturity;
		or
	 

	 
		(3) default in the deposit of any sinking
		fund payment, when and as due by the terms of a Security of that series;
		or
	 

	 
		(4) default in the performance, or breach,
		of Section 8.01 or Section 8.02; or
	 

	 
		(5) default in the performance, or breach,
		of any covenant or warranty of the Company in this Indenture (other than a
		covenant or warranty a default in whose performance or whose breach is
		elsewhere in this Section specifically dealt with or which has expressly been
		included in this Indenture solely for the benefit of series of Securities other
		than that series), and continuance of such default or breach for a period of 60
		days after there has been given, by registered or certified mail, to the
		Company by the Trustee or to the Company and the Trustee by the Holders of at
		least 25% in principal amount of the Outstanding Securities of that series a
		written notice specifying such default or breach and requiring it to be
		remedied and stating that such notice is a “Notice of Default”
		hereunder; or
	 

	 
		(6) the Company shall fail to pay any
		Indebtedness in excess of $25,000,000 owing by the Company, or any interest or
		premium thereon, when due (whether by scheduled maturity, required prepayment,
		acceleration, demand or otherwise), and such failure shall continue after the
		applicable grace period, if any, specified in the agreement or instrument
		relating to such Indebtedness, or the Company shall fail to perform any term,
		covenant or agreement on its part to be performed under any agreement or
		instrument evidencing or securing or relating to any such Indebtedness, if the
		effect of such failure in either case is that the maturity of such Indebtedness
		is duly accelerated, without such Indebtedness having been discharged or such
		acceleration having been rescinded or annulled, in each such case, within a
		period of 10 days after there shall have been given, by registered or certified
		mail, to the Company by the Trustee or to the Company and the Trustee by
		Holders of at least 25% in principal amount of the Outstanding Securities of
		that series, a written notice specifying such default and requiring the Company
		to cause such Indebtedness to be discharged or cause such acceleration to be
		rescinded or annulled, as the case may be, and stating that such notice is a
		“Notice of Default” hereunder
	 

	 
		 
	 

	 
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		(the Trustee shall not be deemed to have
		knowledge of a default under this subsection (6) unless it shall have actual
		knowledge thereof); provided,
		however, that, subject to the provisions of Sections 6.01 and
		6.05, the Trustee shall not be deemed to have knowledge of such failure to pay
		unless either (A) a Responsible Officer of the Trustee shall have actual
		knowledge of such failure to pay or (B) the Trustee shall have received written
		notice thereof from the Company, from any Holder, from the holder of any such
		Indebtedness or from the trustee thereunder; or
	 

	 
		(7) the entry by a court having jurisdiction
		in the premises of (A) a decree or order for relief in respect of the Company
		or any Subsidiary Guarantor that is a Significant Subsidiary in an involuntary
		case or proceeding under any applicable Federal, State or foreign bankruptcy,
		insolvency, reorganization or other similar law or (B) a decree or order
		adjudging the Company or any Subsidiary Guarantor that is a Significant
		Subsidiary a bankrupt or insolvent, or approving as properly filed a petition
		seeking reorganization, arrangement, adjustment or composition of or in respect
		of the Company or any Subsidiary Guarantor that is a Significant Subsidiary
		under any applicable Federal, State or foreign law, or appointing a custodian,
		receiver, liquidator, assignee, trustee, sequestrator or other similar official
		of the Company or any Subsidiary Guarantor that is a Significant Subsidiary or
		of any substantial part of its property, or ordering the winding up or
		liquidation of its affairs, and the continuance of any such decree or order for
		relief or any such other decree or order unstayed and in effect for a period of
		90 consecutive days; or
	 

	 
		(8) the commencement by the Company or any
		Subsidiary Guarantor that is a Significant Subsidiary of a voluntary case or
		proceeding under any applicable Federal, State or foreign bankruptcy,
		insolvency, reorganization or other similar law or of any other case or
		proceeding to be adjudicated a bankrupt or insolvent, or the consent by it to
		the entry of a decree or order for relief in respect of the Company or any
		Subsidiary Guarantor that is a Significant Subsidiary in an involuntary case or
		proceeding under any applicable Federal, State or foreign bankruptcy,
		insolvency, reorganization or other similar law or to the commencement of any
		bankruptcy or insolvency case or proceeding against it, or the filing by it of
		a petition or answer or consent seeking reorganization or relief under any
		applicable Federal, State or foreign law, or the consent by it to the filing of
		such petition or to the appointment of or taking possession by a custodian,
		receiver, liquidator, assignee, trustee, sequestrator or other similar official
		of the Company or any Subsidiary Guarantor that is a Significant Subsidiary or
		of any substantial part of its property, or the making by it of an assignment
		for the benefit of creditors, or the admission by it in writing of its
		inability to pay its debts generally as they become due, or the taking of
		corporate action by the Company or any Subsidiary Guarantor that is a
		Significant Subsidiary in furtherance of any such action;
	 

	 
		(9) except as permitted by the terms hereof
		and the Securities, the cessation of effectiveness of any Subsidiary Guarantee
		of a Significant Subsidiary or the finding by any judicial proceeding that any
		such Subsidiary Guarantee is unenforceable or invalid or the denial or
		disaffirmation by any Subsidiary Guarantor that is a Significant Subsidiary of
		its obligations under its Subsidiary Guarantee; or of that series.
	 

	 
		Section 5.02
		Acceleration of Maturity; Rescission and
		Annulment. If an Event of Default
		(other than an Event of Default specified in Section 5.01(7) or 5.01(8)) with
		respect to Securities of any series at the time Outstanding occurs and is
		continuing, then in every such case 
	 

	 
		 
	 

	 
		37
	 

	 
		 
	 

	 
	 

	 

	 
		the Trustee or the Holders of not less than
		25% in principal amount of the Outstanding Securities of that series may
		declare the principal amount (or, if any of the Securities of that series are
		Original Issue Discount Securities, such portion of the principal amount of
		such Securities as may be specified in the terms thereof) and unpaid interest
		of all of the Securities of that series to be due and payable immediately, by a
		notice in writing to the Company (and to the Trustee if given by Holders), and
		upon any such declaration such principal amount (or specified amount) shall
		become immediately due and payable. If an Event of Default specified in Section
		5.01(7) or 5.01(8) with respect to Securities of any series at the time
		Outstanding occurs, the principal amount of all the Securities of that series
		(or, in the case of any Security of that series which specifies an amount to be
		due and payable thereon upon acceleration of the Maturity thereof, such amount
		as may be specified by the terms thereof) and unpaid interest shall
		automatically, and without any declaration or other action on the part of the
		Trustee or any Holder, become immediately due and payable without any action by
		the indenture trustee of the holder of the debt securities of that
		series.
	 

	 
		At any time after such a declaration of
		acceleration with respect to Securities of any series has been made and before
		a judgment or decree for payment of the money due has been obtained by the
		Trustee as hereinafter in this Article provided, the Holders of a majority in
		outstanding principal amount of the Outstanding Securities of that series, by
		written notice to the Company and the Trustee, may rescind and annul such
		declaration and its consequences if
	 

	 
		(1) the Company and/or any Subsidiary
		Guarantor has paid or deposited with the Trustee a sum sufficient to pay

	 

	 
		(A) all overdue interest on all Securities
		of that series,
	 

	 
		(B) the principal of (and premium, if any,
		on) any Securities of that series which have become due otherwise than by such
		declaration of acceleration and any interest thereon at the rate or rates
		prescribed therefor in such Securities,
	 

	 
		(C) to the extent that payment of such
		interest is lawful, interest upon overdue interest at the rate or rates
		prescribed therefor in such Securities, and
	 

	 
		(D) all sums paid or advanced by the Trustee
		hereunder and the reasonable compensation, expenses, disbursements and advances
		of the Trustee, its agents and counsel; and
	 

	 
		(2) all Events of Default with respect to
		Securities of that series, other than the non-payment of the principal of
		Securities of that series which have become due solely by such declaration of
		acceleration, have been cured or waived as provided in Section 5.13.
	 

	 
		No such rescission shall affect any
		subsequent default or impair any right consequent thereon.
	 

	 
		 
	 

	 
		38
	 

	 
		 
	 

	 
	 

	 

	 
		Section 5.03 Collection of Indebtedness and Suits for Enforcement by
		Trustee. The Company covenants that
		if:
	 

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

	 
		(2) default is made in the payment of the
		principal of (or premium, if any, on) any Security at the Maturity
		thereof,
	 

	 
		the Company will, upon demand of the
		Trustee, pay to it, for the benefit of the Holders of such Securities, the
		whole amount then due and payable on such Securities for principal and any
		premium and interest and, to the extent that payment of such interest shall be
		legally enforceable, interest on any overdue principal and premium and on any
		overdue interest, at the rate or rates prescribed therefor in such Securities,
		and, in addition thereto, such further amount as shall be sufficient to cover
		the costs and expenses of collection, including the reasonable compensation,
		expenses, disbursements and advances of the Trustee, its agents and
		counsel.
	 

	 
		If an Event of Default with respect to
		Securities of any series occurs and is continuing, the Trustee may in its
		discretion proceed to protect and enforce its rights and the rights of the
		Holders of Securities of such series by such appropriate judicial proceedings
		as the Trustee shall deem necessary to protect and enforce any such rights,
		whether for the specific enforcement of any covenant or agreement in this
		Indenture or in aid of the exercise of any power granted herein, or to enforce
		any other proper remedy.
	 

	 
		Section 5.04
		Trustee May File Proofs of
		Claim. In case of any judicial
		proceeding relative to the Company or any Subsidiary Guarantor (or any other
		obligor upon the Securities), or any of the property or creditors of the
		Company or any Subsidiary Guarantor (or any other obligor upon the Securities),
		the Trustee shall be entitled and empowered, by intervention in such proceeding
		or otherwise, to take any and all actions authorized under the Trust Indenture
		Act in order to have claims of the Holders and the Trustee allowed in any such
		proceeding. In particular, the Trustee shall be authorized to collect and
		receive any moneys or other property payable or deliverable on any such claims
		and to distribute the same; and any custodian, receiver, assignee, trustee,
		liquidator, sequestrator or other similar official in any such judicial
		proceeding is hereby authorized by each Holder to make such payments to the
		Trustee and, in the event that the Trustee shall consent to the making of such
		payments directly to the Holders, to pay to the Trustee any amount due it for
		the reasonable compensation, expenses, disbursements and advances of the
		Trustee, its agents and counsel, and any other amounts due the Trustee under
		Section 6.07.
	 

	 
		No provision of this Indenture shall be
		deemed to authorize the Trustee to authorize or consent to or accept or adopt
		on behalf of any Holder any plan of reorganization, arrangement, adjustment or
		composition affecting the Securities or the rights of any Holder thereof or to
		authorize the Trustee to vote in respect of the claim of any Holder in any such
		proceeding; provided, however, that
		the Trustee may, on behalf of the Holders, vote for the election of a trustee
		in bankruptcy or similar official and be a member of a creditors’ or other
		similar committee.
	 

	 
		 
	 

	 
		39
	 

	 
		 
	 

	 
	 

	 

	 
		Section 5.05 Trustee May Enforce Claims Without Possession of
		Securities. All rights of action and
		claims under this Indenture or the Securities may be prosecuted and enforced by
		the Trustee without the possession of any of the Securities or the production
		thereof in any proceeding relating thereto, and any such proceeding instituted
		by the Trustee shall be brought in its own name as trustee of an express trust,
		and any recovery of judgment shall, after provision for the payment of the
		reasonable compensation, expenses, disbursements and advances of the Trustee,
		its agents and counsel, be for the ratable benefit of the Holders of the
		Securities in respect of which such judgment has been recovered.
	 

	 
		Section 5.06
		Application of Money
		Collected. Any money collected by the
		Trustee pursuant to this Article shall be applied in the following order, at
		the date or dates fixed by the Trustee and, in case of the distribution of such
		money on account of principal or any premium or interest, upon presentation of
		the Securities and the notation thereon of the payment if only partially paid
		and upon surrender thereof if fully paid:
	 

	 
		FIRST: To the payment of all amounts due the
		Trustee under Section 6.07;
	 

	 
		SECOND: To the payment of the amounts then
		due and unpaid for principal of and any premium and interest on the Securities
		in respect of which or for the benefit of which such money has been collected,
		ratably, without preference or priority of any kind, according to the amounts
		due and payable on such Securities for principal and any premium and interest,
		respectively; and
	 

	 
		THIRD: To the Company, or to the extent the
		Trustee collects any amount from any Subsidiary Guarantor, to the Subsidiary
		Guarantor.
	 

	 
		Section 5.07
		Limitation on Suits. No Holder of any Security of any series shall have any
		right to institute any proceeding, judicial or otherwise, with respect to this
		Indenture, or for the appointment of a receiver or trustee, or for any other
		remedy hereunder, unless
	 

	 
		(1) such Holder has previously given written
		notice to the Trustee of a continuing Event of Default with respect to the
		Securities of that series;
	 

	 
		(2) the Holders of not less than 25% in
		principal amount of the Outstanding Securities of that series shall have made
		written request to the Trustee to institute proceedings in respect of such
		Event of Default in its own name as Trustee hereunder;
	 

	 
		(3) such Holder or Holders have offered to
		the Trustee reasonable indemnity satisfactory to it against the costs, expenses
		and liabilities to be incurred in compliance with such request;
	 

	 
		(4) the Trustee for 60 days after its
		receipt of such notice, request and offer of indemnity has failed to institute
		any such proceeding; and
	 

	 
		(5) no direction inconsistent with such
		written request has been given to the Trustee during such 60-day period by the
		Holders of a majority in principal amount of the Outstanding Securities of that
		series;
	 

	 
		 
	 

	 
		40
	 

	 
		 
	 

	 
	 

	 

	 
		it being understood and intended that no one
		or more of such Holders shall have any right in any manner whatever by virtue
		of, or by availing of, any provision of this Indenture to affect, disturb or
		prejudice the rights of any other of such Holders, or to obtain or to seek to
		obtain priority or preference over any other of such Holders or to enforce any
		right under this Indenture, except in the manner herein provided and for the
		equal and ratable benefit of all of such Holders.
	 

	 
		Section 5.08
		Unconditional Right of Holders to
		Receive Principal, Premium and Interest and to Convert. Notwithstanding any other provision in this Indenture,
		the Holder of any Security shall have the right, which is absolute and
		unconditional, to receive payment of the principal of and any premium and
		(subject to Section 3.07) interest on such Security on the respective Stated
		Maturities expressed in such Security (or, in the case of redemption, on the
		Redemption Date) and to convert such Security in accordance with Article XV and
		to institute suit for the enforcement of any such payment and right to convert,
		and such rights shall not be impaired without the consent of such
		Holder.
	 

	 
		Section 5.09
		Restoration of Rights and
		Remedies. If the Trustee or any Holder
		has instituted any proceeding to enforce any right or remedy under this
		Indenture and such proceeding has been discontinued or abandoned for any
		reason, or has been determined adversely to the Trustee or to such Holder, then
		and in every such case, subject to any determination in such proceeding, the
		Company, the Subsidiary Guarantors, the Trustee and the Holders shall be
		restored severally and respectively to their former positions hereunder and
		thereafter all rights and remedies of the Trustee and the Holders shall
		continue as though no such proceeding had been instituted.
	 

	 
		Section 5.10
		Rights and Remedies
		Cumulative. Except as otherwise
		provided with respect to the replacement or payment of mutilated, destroyed,
		lost or stolen Securities in the last paragraph of Section 3.06, no right or
		remedy herein conferred upon or reserved to the Trustee or to the Holders is
		intended to be exclusive of any other right or remedy, and every right and
		remedy shall, to the extent permitted by law, be cumulative and in addition to
		every other right and remedy given hereunder or now or hereafter existing at
		law or in equity or otherwise. The assertion or employment of any right or
		remedy hereunder, or otherwise, shall not prevent the concurrent assertion or
		employment of any other appropriate right or remedy.
	 

	 
		Section 5.11
		Delay or Omission Not
		Waiver. No delay or omission of the
		Trustee or of any Holder of any Securities to exercise any right or remedy
		accruing upon any Event of Default shall impair any such right or remedy or
		constitute a waiver of any such Event of Default or an acquiescence therein.
		Every right and remedy given by this Article or by law to the Trustee or to the
		Holders may be exercised from time to time, and as often as may be deemed
		expedient, by the Trustee or by the Holders, as the case may be.
	 

	 
		Section 5.12
		Control by Holders. The Holders of a majority in principal amount of the
		Outstanding Securities of any series shall have the right to direct the time,
		method and place of conducting any proceeding for any remedy available to the
		Trustee, or exercising any trust or power conferred on the Trustee, with
		respect to the Securities of such series, provided
		that
	 

	 
		(1) such direction shall not be in conflict
		with any rule of law or with this Indenture,
	 

	 
		 
	 

	 
		41
	 

	 
		 
	 

	 
	 

	 

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

	 
		(3) subject to the provisions of Section
		6.01, the Trustee shall have the right to decline to follow any such direction
		if the Trustee in good faith shall, by a Responsible Officer or Officers of the
		Trustee, determine, and the Trustee shall have received a legal opinion
		stating, that the proceedings so directed would involve the Trustee in personal
		liability.
	 

	 
		Section 5.13
		Waiver of Past Defaults. The Holders of not less than a majority in principal
		amount of the Outstanding Securities of any series may on behalf of the Holders
		of all the Securities of such series waive any past default hereunder with
		respect to such series and its consequences, except a default
	 

	 
		(1) in the payment of the principal of or
		any premium or interest on any Security of such series, or
	 

	 
		(2) in respect of a covenant or provision
		hereof which under Article IX cannot be modified or amended without the consent
		of the Holder of each Outstanding Security of such series affected.
	 

	 
		Upon any such waiver, such default shall
		cease to exist, and any Event of Default arising therefrom shall be deemed to
		have been cured, for every purpose of this Indenture; but no such waiver shall
		extend to any subsequent or other default or impair any right consequent
		thereon.
	 

	 
		Section 5.14
		Undertaking for Costs. In any suit for the enforcement of any right or remedy
		under this Indenture, or in any suit against the Trustee for any action taken,
		suffered or omitted by it as Trustee, a court may require any party litigant in
		such suit to file an undertaking to pay the costs of such suit, and may assess
		costs against any such party litigant, in the manner and to the extent provided
		in the Trust Indenture Act; provided that
		neither this Section nor the Trust Indenture Act shall apply to any suit
		instituted by the Trustee, to any suit instituted by any Holders of the
		Securities, or group of Holders of the Securities, holding in the aggregate
		more than 10% of principal amount of the Outstanding Securities of any series,
		or to any suit instituted by any Holder of the Outstanding Securities for the
		enforcement of the payment of principal of or interest on any Outstanding
		Securities held by such Holder, on or after the respective due dates expressed
		in such Outstanding Securities, and provided,
		further, that neither this Section nor the Trust Indenture Act
		shall be deemed to authorize any court to require such an undertaking or to
		make such an assessment in any suit instituted by the Company or any Subsidiary
		Guarantor or the Trustee or, if applicable, in any suit for the enforcement of
		the right to convert any Security in accordance with Article XV.
	 

	 
		Section 5.15
		Waiver of Usury, Stay or Extension
		Laws. Each of the Company and each
		Subsidiary Guarantor covenants (to the extent that it may lawfully do so) that
		it will not at any time insist upon, or plead, or in any manner whatsoever
		claim or take the benefit or advantage of, any usury, stay or extension law
		wherever enacted, now or at any time hereafter in force, which may affect the
		covenants or the performance of this Indenture; and each of the Company and
		each Subsidiary Guarantor (to the extent that it may lawfully do so) hereby
		expressly waives all benefit or advantage of any such law and covenants that it
		will not hinder, delay or impede the 
	 

	 
		 
	 

	 
		42
	 

	 
		 
	 

	 
	 

	 

	 
		execution of any power herein granted to the
		Trustee, but will suffer and permit the execution of every such power as though
		no such law had been enacted.
	 

	 
		ARTICLE
		VI
	 

	 
		 
	 

	 
		THE TRUSTEE
	 

	 
		The Trustee hereby accepts the trust imposed
		upon it by this Indenture and covenants and agrees to perform the same, as
		herein expressed.
	 

	 
		Section 6.01
		Duties of Trustee.
	 

	 
		(a) If an Event of Default has occurred and
		is continuing, the Trustee shall exercise such of the rights and powers vested
		in it by this Indenture and use the same degree of care and skill in their
		exercise as a prudent person would exercise or use under the circumstances in
		the conduct of his own affairs.
	 

	 
		(b) Except during the continuance of an
		Event of Default:
	 

	 
		(1) The Trustee need perform only those
		duties as are specifically set forth in this Indenture and no others, and no
		covenants or obligations shall be implied in or read into this
		Indenture.
	 

	 
		(2) In the absence of bad faith on its part,
		the Trustee may conclusively rely, as to the truth of the statements and the
		correctness of the opinions expressed therein, upon certificates or opinions
		furnished to the Trustee and conforming to the requirements of this Indenture.
		However, in the case of any such certificates or opinions which by any
		provision hereof are specifically required to be furnished to the Trustee, the
		Trustee shall be under a duty to examine the same to determine whether or not
		they substantially conform to the requirements of this Indenture (but need not
		confirm or investigate the accuracy of mathematical calculations or other facts
		stated therein).
	 

	 
		(c) The Trustee may not be relieved from
		liability for its own grossly negligent action, its own grossly negligent
		failure to act, or its own willful misconduct, except that:
	 

	 
		(1) This paragraph does not limit the effect
		of paragraph (b) of this Section 6.01.
	 

	 
		(2) The Trustee shall not be liable for any
		error of judgment made in good faith by a Responsible Officer, unless it is
		proved that the Trustee was grossly negligent in ascertaining the pertinent
		facts.
	 

	 
		(3) The Trustee shall not be liable with
		respect to any action it takes or omits to take in good faith in accordance
		with a direction received by it pursuant to Section 5.12.
	 

	 
		 
	 

	 
		43
	 

	 
		 
	 

	 
	 

	 

	 
		(d) No provision of this Indenture shall
		require the Trustee to expend or risk its own funds or otherwise incur any
		financial liability in the performance of any of its duties hereunder or to
		take or omit to take any action under this Indenture.
	 

	 
		(e) Every provision of this Indenture that
		in any way relates to the Trustee is subject to paragraphs (a), (b), (c), (d)
		and (f) of this Section 6.01.
	 

	 
		(f) The Trustee shall not be liable for
		interest on any assets received by it except as the Trustee may agree in
		writing with the Company or any Subsidiary Guarantor. Assets held in trust by
		the Trustee need not be segregated from other assets except to the extent
		required by law.
	 

	 
		Section 6.02
		Rights of Trustee.
	 

	 
		Subject to Section 6.01:
	 

	 
		(a) The Trustee may rely conclusively on any
		document (whether in its original or facsimile form) believed by it to be
		genuine and to have been signed or presented by the proper person. The Trustee
		need not investigate any fact or matter stated in any document.
	 

	 
		(b) Before the Trustee acts or refrains from
		acting, it may require an Officer’s Certificate or an Opinion of Counsel.
		The Trustee shall not be liable for any action it takes or omits to take in
		good faith in reliance on such certificate or opinion.
	 

	 
		(c) The Trustee may act through its
		attorneys and agents and shall not be responsible for the misconduct or
		negligence of any agent appointed with due care.
	 

	 
		(d) The Trustee shall not be liable for any
		action it takes or omits to take in good faith which it believes to be
		authorized or within its rights or powers.
	 

	 
		(e) The Trustee shall not be bound to make
		any investigation into the facts or matters stated in any resolution,
		certificate, statement, instrument, opinion, notice, request, direction,
		consent, order, bond, debenture, or other paper or document, but the Trustee,
		in its discretion, may make such further inquiry or investigation into such
		facts or matters as it may see fit and, if the Trustee shall determine to make
		such further inquiry or investigation, it shall be entitled to examine the
		books, records and premises of the Company or any Subsidiary Guarantor,
		personally or by agent or attorney at the sole cost of the Company and shall
		incur no liability or additional liability of any kind by reason of such
		investigation.
	 

	 
		(f) The Trustee shall be under no obligation
		to exercise any of the rights or powers vested in it by this Indenture at the
		request, order or direction of any of the Holders, pursuant to the provisions
		of this Indenture, unless such Holders shall have offered to the Trustee
		reasonable security or indemnity satisfactory to it against the costs, expenses
		and liabilities which may be incurred therein or thereby.
	 

	 
		(g) The Trustee may consult with counsel of
		its selection and the advice of such counsel or any Opinion of Counsel shall be
		full and complete authorization and protection 
	 

	 
		 
	 

	 
		44
	 

	 
		 
	 

	 
	 

	 

	 
		of any action taken, suffered or omitted by
		the Trustee hereunder in good faith and in reliance thereon.
	 

	 
		(h) The Trustee shall not be deemed to have
		notice of any Event of Default unless a Responsible Officer of the Trustee has
		actual knowledge thereof or unless written notice of any event which is in fact
		such a default is received by the Trustee at the Corporate Trust Office of the
		Trustee, and such notice references the Securities and this Indenture.
	 

	 
		(i) The rights, privileges, protections,
		immunities and benefits given to the Trustee, including, without limitation,
		its right to be indemnified, are extended to, and shall be enforceable by, the
		Trustee in each of its capacities hereunder, and each agent, custodian and
		other Person employed to act hereunder.
	 

	 
		Section 6.03
		Individual Rights of
		Trustee. The Trustee in its individual
		or any other capacity may become the owner or pledgee of Securities and may
		otherwise deal with the Company or any Subsidiary Guarantor, or their
		respective Affiliates, with the same rights it would have if it were not
		Trustee. Any Paying Agent or Security Registrar may do the same with like
		rights.
	 

	 
		Section 6.04
		Trustee’s
		Disclaimer. The Trustee makes no
		representation as to the validity or adequacy of this Indenture or the
		Securities or any Subsidiary Guarantee and it shall not be accountable for the
		Company’s or any Subsidiary Guarantor’s use of the proceeds from the
		Securities, and it shall not be responsible for any statement in the Securities
		or any Subsidiary Guarantee, other than the Trustee’s certificate of
		authentication, or the use or application of any funds received by a Paying
		Agent other than the Trustee.
	 

	 
		Section 6.05
		Notice of Default. If an Event of Default with respect to Securities of
		any series occurs and is continuing and if it is known to the Trustee, the
		Trustee shall deliver to each Holder of Securities of such series notice of the
		uncured Event of Default within 90 days after such Event of Default occurs.
		Except in the case of an Event of Default in payment of principal (or premium,
		if any) of, or interest on, any Security, the Trustee may withhold the notice
		if and so long as a Responsible Officer in good faith determines that
		withholding the notice is in the interest of the Holders of Securities of such
		series.
	 

	 
		Section 6.06
		Reports by Trustee to
		Holders. Within 60 days after each May
		15 beginning with the May 15 following the date of this Indenture, the Trustee
		shall mail to each Holder a brief report dated as of such date that complies
		with Trust Indenture Act Section 313(a) if such report is required by such
		Trust Indenture Act Section 313(a). The Trustee also shall comply with Trust
		Indenture Act Section 313(b)(2). The Trustee shall also transmit by mail all
		reports as required by Trust Indenture Act Sections 313(c) and 313(d).
	 

	 
		The Company shall promptly notify the
		Trustee in writing if the Securities of any series become listed on any stock
		exchange or automatic quotation system.
	 

	 
		A copy of each report at the time of its
		mailing to Holders shall be mailed to the Company and filed with the Commission
		and each stock exchange, if any, on which the Securities are listed.
	 

	 
		 
	 

	 
		45
	 

	 
		 
	 

	 
	 

	 

	 
		Section 6.07 Compensation and Indemnity. The Company and the Subsidiary Guarantors shall pay to
		the Trustee from time to time such compensation for its services as the Company
		and the Trustee shall from time to time agree in writing. The Trustee’s
		compensation shall not be limited by any law on compensation of a trustee of an
		express trust. The Company and the Subsidiary Guarantors shall reimburse the
		Trustee upon request for all reasonable disbursements, expenses and advances
		incurred or made by it. Such expenses shall include the reasonable
		compensation, disbursements and expenses of the Trustee’s agents,
		accountants, experts and counsel.
	 

	 
		The Company and the Subsidiary Guarantors,
		jointly and severally, shall indemnify each of the Trustee and Paying Agent and
		any predecessor Trustee and each of their respective officers, directors,
		attorneys-in-fact and agents for, and hold it harmless against, any claim,
		demand, expense (including but not limited to reasonable compensation,
		disbursements and expenses of the Trustee’s agents and counsel), loss,
		charges (including taxes (other than taxes based upon the income of the
		Trustee)) or liability incurred by them without gross negligence or bad faith
		on its part, arising out of or in connection with the acceptance or
		administration of this trust and their rights or duties hereunder including the
		reasonable costs and expenses of defending themselves against any claim or
		liability in connection with the exercise or performance of any of its powers
		or duties hereunder. The Trustee shall notify the Company and the Subsidiary
		Guarantors promptly of any claim asserted against the Trustee for which it may
		seek indemnity. The Company shall defend the claim and the Trustee shall
		provide reasonable cooperation at the Company’s expense in the defense.
		The Trustee may have separate counsel and the Company shall pay the reasonable
		fees and expenses of such counsel. The Company and the Subsidiary Guarantors
		need not pay for any settlement made without their written consent, which
		consent shall not be unreasonably withheld. The Company and the Subsidiary
		Guarantors need not reimburse any expense or indemnify against any loss or
		liability incurred by the Trustee to the extent determined by a court of
		competent jurisdiction to have been caused by its own gross negligence, bad
		faith or willful misconduct.
	 

	 
		To secure the Company’s and the
		Subsidiary Guarantors’ payment obligations in this Section 6.07, the
		Trustee shall have a lien prior to the Securities on all assets held or
		collected by the Trustee, in its capacity as Trustee, except assets held in
		trust to pay principal and premium, if any, of or interest on any series of
		Securities.
	 

	 
		When the Trustee incurs expenses or renders
		services after an Event of Default specified in Section 5.01(7) or (8) occurs,
		the expenses and the compensation for the services are intended to constitute
		expenses of administration under any Bankruptcy Law.
	 

	 
		The Company’s and the Subsidiary
		Guarantors’ obligations under this Section 6.07 and any lien arising
		hereunder shall survive the resignation or removal of the Trustee, the
		discharge of the Company’s and the Subsidiary Guarantors’ obligations
		pursuant to Article IV or Article XIV of this Indenture and any rejection or
		termination of this Indenture under any Bankruptcy Law.
	 

	 
		 
	 

	 
		46
	 

	 
		 
	 

	 
	 

	 

	 
		Section 6.08 Replacement of Trustee. The Trustee may resign at any time with respect to the
		Securities of one or more series by so notifying the Company and the Subsidiary
		Guarantors in writing. The Holder or Holders of a majority in principal amount
		of the outstanding Securities of a series may remove the Trustee with respect
		to Securities of such series by so notifying the Company and the Trustee in
		writing and may appoint a successor trustee with respect to Securities of such
		series with the Company’s consent. The Company may remove the Trustee
		if:
	 

	 
		(1) the Trustee fails to comply with Section
		6.10;
	 

	 
		(2) the Trustee is adjudged bankrupt or
		insolvent;
	 

	 
		(3) a receiver, custodian, or other public
		officer takes charge of the Trustee or its property; or
	 

	 
		(4) the Trustee becomes incapable of
		acting.
	 

	 
		If the Trustee resigns or is removed or if a
		vacancy exists in the office of Trustee, with respect to the Securities of one
		or more series, for any reason, the Company shall promptly appoint a successor
		Trustee, with respect to Securities of that or those series. Within one year
		after the successor Trustee with respect to a series of Securities takes
		office, the Holder or Holders of a majority in principal amount of the
		Securities of such series may appoint a successor Trustee with respect to such
		series to replace the successor Trustee appointed by the Company.
	 

	 
		A successor Trustee shall deliver a written
		acceptance of its appointment to the retiring Trustee and to the Company.
		Immediately after that and provided that all sums owing to the Trustee provided
		for in Section 6.07 have been paid, the retiring Trustee shall transfer all
		property held by it as Trustee with respect to such series of Securities to the
		successor Trustee, subject to the lien provided in Section 6.07, the
		resignation or removal of the retiring Trustee shall become effective, and the
		successor Trustee shall have all the rights, powers and duties of the Trustee
		under this Indenture. A successor Trustee with respect to one or more series of
		Securities shall mail notice of its succession to each Holder of Securities of
		that or those series.
	 

	 
		If a successor Trustee with respect to a
		series of Securities does not take office within 60 days after the retiring
		Trustee resigns or is removed, the retiring Trustee, the Company, the
		Subsidiary Guarantors or the Holder or Holders of at least 10% in principal
		amount of the outstanding Securities of that series may petition at the expense
		of the Company any court of competent jurisdiction for the appointment of a
		successor Trustee with respect to such series.
	 

	 
		If the Trustee fails to comply with Section
		6.10, any Holder of Securities of a series may petition any court of competent
		jurisdiction for the removal of the Trustee with respect to such series and the
		appointment of a successor Trustee with respect to such series.
	 

	 
		Notwithstanding replacement of the Trustee
		pursuant to this Section 6.08, the Company’s obligations under Section
		6.07 shall continue for the benefit of the retiring Trustee.
	 

	 
		 
	 

	 
		47
	 

	 
		 
	 

	 
	 

	 

	 
		Section 6.09 Successor Trustee by Merger, Etc. If the Trustee consolidates with, merges or converts
		into, or transfers all or substantially all of its corporate trust business to,
		another corporation, the resulting, surviving or transferee corporation without
		any further act shall, if such resulting, surviving or transferee corporation
		is otherwise eligible hereunder, be the successor Trustee.
	 

	 
		Section 6.10
		Eligibility;
		Disqualification. The Trustee shall at
		all times satisfy the requirements of Trust Indenture Act Section 310(a)(1) and
		Trust Indenture Act Section 310(a)(5). The Trustee shall have a combined
		capital and surplus of at least $50,000,000 as set forth in its most recent
		published annual report of condition. The Trustee shall comply with Trust
		Indenture Act Section 310(b).
	 

	 
		Section 6.11
		Preferential Collection of Claims
		against Company. The Trustee shall
		comply with Trust Indenture Act Section 311(a), excluding any creditor
		relationship listed in Trust Indenture Act Section 311(b). A Trustee who has
		resigned or been removed shall be subject to Trust Indenture Act Section 311(a)
		to the extent indicated.
	 

	 
		ARTICLE
		VII
	 

	 
		 
	 

	 
		HOLDERS’ LISTS AND REPORTS BY
		TRUSTEE AND COMPANY
	 

	 
		Section 7.01
		Company to Furnish Trustee Names and Addresses of Holders.
	 

	 
		The Company will furnish or cause to be
		furnished to the Trustee:
	 

	 
		(1) semi-annually, not more than 15 days
		after each Regular Record Date, a list for each series of Securities, in such
		form as the Trustee may reasonably require, of the names and addresses of the
		Holders of Securities of such series as of the Regular Record Date, as the case
		may be, and
	 

	 
		(2) at such other times as the Trustee may
		request in writing, within 30 days after the receipt by the Company of any such
		request, a list of similar form and content as of a date not more than 15 days
		prior to the time such list is furnished;
	 

	 
		excluding from any such list names and addresses received by the
		Trustee in its capacity as Security Registrar.
	 

	 
		Section 7.02
		Preservation of Information;
		Communications to Holders. The Trustee
		shall preserve, in as current a form as is reasonably practicable, the names
		and addresses of Holders contained in the most recent list furnished to the
		Trustee as provided in Section 7.01 and the names and addresses of Holders
		received by the Trustee in its capacity as Security Registrar. The Trustee may
		destroy any list furnished to it as provided in Section 7.01 upon receipt of a
		new list so furnished.
	 

	 
		The rights of the Holders to communicate
		with other Holders with respect to their rights under this Indenture or under
		the Securities, and the corresponding rights and privileges of the Trustee,
		shall be as provided by the Trust Indenture Act.
	 

	 
		 
	 

	 
		48
	 

	 
		 
	 

	 
	 

	 

	 
		Every Holder of Securities, by receiving and
		holding the same, agrees with the Company, the Subsidiary Guarantors and the
		Trustee that neither the Company, the Subsidiary Guarantors nor the Trustee nor
		any agent of either of them shall be held accountable by reason of any
		disclosure of information as to names and addresses of Holders made pursuant to
		the Trust Indenture Act.
	 

	 
		Section 7.03
		Reports by Trustee. The Trustee shall transmit to Holders such reports
		concerning the Trustee and its actions under this Indenture as may be required
		pursuant to the Trust Indenture Act at the times and in the manner provided
		pursuant thereto.
	 

	 
		A copy of each such report shall, at the
		time of such transmission to Holders, be filed by the Trustee with each stock
		exchange upon which any Securities are listed, with the Commission and with the
		Company. The Company will notify the Trustee, in writing, when any Securities
		are listed on any stock exchange or delisted therefrom.
	 

	 
		Section 7.04
		Reports by Company. The Company and each of the Subsidiary Guarantors
		shall file with the Trustee and the Commission, and transmit to Holders, such
		information, documents and other reports, and such summaries thereof, as may be
		required pursuant to the Trust Indenture Act at the times and in the manner
		provided pursuant to the Trust Indenture Act; provided that
		any such information, documents or reports required to be filed with the
		Commission pursuant to Section 13 or 15(d) of the Securities Exchange Act of
		1934 shall be filed with the Trustee within 15 days after the same is filed
		with the Commission. Delivery of such reports, information and documents to the
		Trustee is for informational purposes only and the Trustee’s receipt of
		such shall not constitute constructive notice of any information contained
		therein or determinable from information contained therein, including the
		Company’s compliance with any of its covenants hereunder (as to which the
		Trustee is entitled to rely exclusively on Officer’s Certificates).

	 

	 
		ARTICLE
		VIII
	 

	 
		 
	 

	 
		CONSOLIDATION, AMALGAMATION, CONVEYANCE,
		TRANSFER OR LEASE
	 

	 
		Section 8.01
		Company May Consolidate, Etc., Only on
		Certain Terms.
	 

	 
		The Company may not, in a single transaction
		or a series of related transactions:
	 

	 
		(a) consolidate or amalgamate or merge with
		or into any other Person or permit any other Person to amalgamate, consolidate
		or merge with or into the Company, or
	 

	 
		(b) directly or indirectly transfer, sell,
		lease (other than a charter or lease of a vessel in the ordinary course of
		business) or otherwise dispose of all or substantially all of its assets,
		unless:
	 

	 
		(1) in a transaction in which the Company
		does not survive or in which the Company sells, leases or otherwise disposes of
		all or substantially all of its assets, the successor entity to the Company (A)
		is organized under the laws of (i) the United States or any State thereof or
		the District of Columbia, (ii) the Republic of the Marshall Islands, (iii),
		(iv) a member state of the European Union or (v) any other country recognized
		by the United States 
	 

	 
		 
	 

	 
		49
	 

	 
		 
	 

	 
	 

	 

	 
		and (B) shall expressly assume, by a
		supplemental indenture executed and delivered to the Trustee in a form
		reasonably satisfactory to the Trustee, all of the Company’s obligations
		under the Indenture;
	 

	 
		(2) immediately before and after giving
		effect to such transaction, no Default or Event of Default shall have occurred
		and be continuing; and
	 

	 
		(3) the Company and the successor Person
		have delivered to the Trustee an Officer’s Certificate and an Opinion of
		Counsel each stating that such consolidation, amalgamation, merger, conveyance,
		lease, sale, disposition or transfer and such supplemental indenture comply
		with this Article and that all conditions precedent herein provided for
		relating to such transaction have been complied with.
	 

	 
		Section 8.02
		Amalgamations, Mergers, Consolidations
		and Certain Sales of Assets by Subsidiary Guarantors.
	 

	 
		(a) Except with respect to the Securities of
		any series whose terms permit such transactions as an asset sale, no Subsidiary
		Guarantor shall, and the Company shall not permit any Subsidiary Guarantor to,
		(i) amalgamate, consolidate or merge with or into, or (ii) directly or
		indirectly, transfer, sell, lease or otherwise dispose of (other than pursuant
		to a charter or lease of a vessel in the ordinary course of business) its
		properties and assets substantially as an entirety to, any other Person (other
		than the Company or another Subsidiary Guarantor) unless, in any such
		transaction:
	 

	 
		(1) in the case such Subsidiary Guarantor
		shall amalgamate, consolidate or merge with or into another Person or shall
		directly or indirectly convey, transfer or lease (other than a charter or lease
		of a vessel in the ordinary course of business) its properties and assets
		substantially as an entirety, the Person formed by such consolidation with or
		into which such Subsidiary Guarantor is amalgamated or merged, or the Person
		which acquires by conveyance, transfer or lease (other than a charter or lease
		of a vessel in the ordinary course of business) the properties and assets of
		such Subsidiary Guarantor substantially as an entirety (for purposes of this
		Article VIII, a “Successor Subsidiary Guarantor”), shall be organized
		under the laws of (i) the United States or any State thereof or the District of
		Columbia, (ii) the Republic of the Marshall Islands, (iii) a member state of
		the European Union or (iv) any other country recognized by the United
		States;
	 

	 
		(2) the Successor Subsidiary Guarantor shall
		expressly assume by an indenture supplemental hereto executed and delivered to
		the Trustee, in form satisfactory to the Trustee, the due and punctual payment
		of all obligations of such Subsidiary Guarantor under its Subsidiary Guarantee
		and the Indenture and the performance of every covenant of this Indenture on
		the part of such Subsidiary Guarantor to be performed or observed;
	 

	 
		(3) immediately before and after giving
		effect to such transaction, no Default or Event of Default shall have occurred
		and be continuing; and
	 

	 
		(4) the Company has delivered to the Trustee
		an Officer’s Certificate and an Opinion of Counsel, each stating that such
		consolidation, amalgamation, merger, conveyance, transfer or lease and, if a
		supplemental indenture is required in connection with such 
	 

	 
		 
	 

	 
		50
	 

	 
		 
	 

	 
	 

	 

	 
		transaction, such supplemental indenture,
		complies with this Article and that all conditions precedent herein provided
		for relating to such transaction have been complied with.
	 

	 
		The provisions of this Section 8.02 shall
		not be applicable to any series of Securities unless, and only to the extent
		that, the terms of a particular series of Securities so provide.
	 

	 
		Section 8.03
		Successor Corporation
		Substituted. Upon any consolidation or
		merger or any transfer of assets in accordance with Section 8.01, the surviving
		Person formed by such consolidation or into which the Company is merged or to
		which such transfer is made shall succeed to, and be substituted for, and may
		exercise every right and power of, the Company under this Indenture with the
		same effect as if such surviving Person had been named as the Company herein.
		When a surviving Person duly assumes all of the obligations of the Company
		pursuant hereto and pursuant to the Securities, the predecessor shall be
		relieved of the performance and observance of all obligations and covenants of
		this Indenture and the Securities, including but not limited to the obligation
		to make payment of the principal of (and premium, if any) and interest on all
		the Securities then outstanding, and the Company may thereupon or any time
		thereafter be liquidated and dissolved.
	 

	 
		Except with respect to the Securities of any
		series whose terms permit such transactions as an asset sale, upon any
		consolidation, amalgamation or merger of a Subsidiary Guarantor with or into,
		or any transfer, sale or lease (other than a charter or lease of a vessel in
		the ordinary course of business) of the properties and assets of such
		Subsidiary Guarantor substantially as an entirety in accordance with Section
		8.02 to, a Person other than the Company or another Subsidiary Guarantor, the
		Successor Subsidiary Guarantor shall succeed to, and be substituted for, and
		may exercise every right and power of, such Subsidiary Guarantor under this
		Indenture with the same effect as if such Successor Subsidiary Guarantor had
		been named as a Subsidiary Guarantor herein, and thereafter, except in the case
		of a lease, the predecessor Subsidiary Guarantor shall be relieved of all
		obligations and covenants under this Indenture and the Securities.
	 

	 
		ARTICLE
		IX
	 

	 
		 
	 

	 
		SUPPLEMENTAL INDENTURES
	 

	 
		Section 9.01
		Supplemental Indentures Without Consent
		of Holders. Without the consent of any
		Holders, the Company, when authorized by a Board Resolution of the Company, the
		Subsidiary Guarantors, when authorized by respective Board Resolutions of the
		Subsidiary Guarantors, and the Trustee, at any time and from time to time, may
		enter into one or more indentures supplemental hereto, in form satisfactory to
		the Trustee, for any of the following purposes:
	 

	 
		(1) to evidence the succession of another
		Person to the Company and the assumption by any such successor of the covenants
		of the Company herein and in the Securities;
	 

	 
		(2) to add to the covenants of the Company
		for the benefit of the Holders of all or any series of Securities (and if such
		covenants are to be for the benefit of less 
	 

	 
		 
	 

	 
		51
	 

	 
		 
	 

	 
	 

	 

	 
		than all series of Securities, stating that
		such covenants are expressly being included solely for the benefit of such
		series) or to surrender any right or power herein conferred upon the
		Company;
	 

	 
		(3) to add any additional Events of
		Default;
	 

	 
		(4) to add to or change any of the
		provisions of this Indenture to such extent as shall be necessary to permit or
		facilitate the issuance of Securities in bearer form, registrable or not
		registrable as to principal, and with or without interest coupons, or to permit
		or facilitate the issuance of Securities in uncertificated form;
	 

	 
		(5) to add to, change or eliminate any of
		the provisions of this Indenture in respect of one or more series of
		Securities, provided that any such addition, change or elimination (A) shall
		neither (i) apply to any Security of any series created prior to the execution
		of such supplemental indenture and entitled to the benefit of such provision
		nor (ii) modify the rights of the Holder of any such Security with respect to
		such provision or (B) shall become effective only when there is no such
		Security Outstanding;
	 

	 
		(6) to establish the form or terms of
		Securities of any series as permitted by Sections 2.01 and 3.01;
	 

	 
		(7) to comply with Section 8.01 and
		8.02;
	 

	 
		(8) to provide for uncertificated Securities
		in addition to or in place of certificated Securities;
	 

	 
		(9) to secure the Securities;
	 

	 
		(10) to evidence and provide for the
		acceptance of appointment hereunder by a successor Trustee with respect to the
		Securities of one or more series and to add to or change any of the provisions
		of this Indenture as shall be necessary to provide for or facilitate the
		administration of the trusts hereunder by more than one Trustee, pursuant to
		the requirements of Section 6.08;
	 

	 
		(11) to make provisions with respect to the
		conversion rights of Holders pursuant to the requirements of Article XV;

	 

	 
		(12) to cure any ambiguity, to correct or
		supplement any provision herein which may be defective or inconsistent with any
		other provision herein, or to make any other provisions with respect to matters
		or questions arising under this Indenture, provided that
		such action pursuant to this clause (12) shall not adversely affect the
		interests of the Holders of Securities of any series in any material
		respect;
	 

	 
		(13) to add new Subsidiary Guarantors
		pursuant to Section 13.05; or
	 

	 
		(14) to conform any provision of this
		Indenture to the “Description of Debt Securities” contained in the
		Prospectus or any similar provision contained in any supplement to the
		Prospectus relating to an offering of debt securities under this
		Indenture.
	 

	 
		 
	 

	 
		52
	 

	 
		 
	 

	 
	 

	 

	 
		Section 9.02 Supplemental Indentures with Consent of
		Holders. With the consent of the
		Holders of not less than a majority in principal amount of the Outstanding
		Securities of each series affected by such supplemental indenture, by Act of
		said Holders delivered to the Company, the Subsidiary Guarantors and the
		Trustee, the Company, when authorized by a Board Resolution of the Company, the
		Subsidiary Guarantors, when authorized by respective Board Resolutions of the
		Subsidiary Guarantors, and the Trustee may enter into an indenture or
		indentures supplemental hereto for the purpose of adding any provisions to or
		changing in any manner or eliminating any of the provisions of this Indenture
		or of modifying in any manner the rights of the Holders of Securities of such
		series under this Indenture; provided,
		however, that no such supplemental indenture shall, without the
		consent of the Holder of each Outstanding Security,
	 

	 
		(1) change the Stated Maturity of the
		principal of, or any installment of principal of or interest on, any Security,
		or reduce the principal amount thereof or the rate of interest or the time of
		payment of interest thereon or any premium payable upon the redemption thereof,
		or reduce the amount of the principal of an Original Issue Discount Security
		that would be due and payable upon a declaration of acceleration of the
		Maturity thereof pursuant to Section 5.02, or change any Place of Payment
		where, or the coin or currency in which, any Security or any premium or
		interest thereon is payable or the right of selection thereof, or impair the
		right to institute suit for the enforcement of any such payment on or after the
		Stated Maturity thereof (or, in the case of redemption, on or after the
		Redemption Date), or adversely affect the right to convert any Security as
		provided in Article XV, or modify the provisions of this Indenture with respect
		to the ranking of the Securities in a manner adverse to the Holders;
	 

	 
		(2) reduce the percentage in principal
		amount of the Outstanding Securities of any series, the consent of whose
		Holders is required for any such supplemental indenture, or the consent of
		whose Holders is required for any waiver (of compliance with certain provisions
		of this Indenture or certain defaults hereunder and their consequences)
		provided for in this Indenture;
	 

	 
		(3) modify any of the provisions of this
		Section or Section 5.13, except to increase any such percentage or to provide
		that certain other provisions of this Indenture cannot be modified or waived
		without the consent of the Holder of each Outstanding Security affected
		thereby, provided, however, that
		this clause shall not be deemed to require the consent of any Holder with
		respect to changes in the references to “the Trustee” and concomitant
		changes in this Section, or the deletion of this proviso, in accordance with
		the requirements of Sections 6.08 and 9.01(10);
	 

	 
		(4) modify or waive the provisions of
		Article XI;
	 

	 
		(5) change any obligation of ours to pay
		additional amounts;
	 

	 
		(6) adversely affect the right of repayment
		or repurchase at the option of the Holder; or
	 

	 
		(7) reduce or postpone any sinking fund or
		similar provision.
	 

	 
		 
	 

	 
		53
	 

	 
		 
	 

	 
	 

	 

	 
		A supplemental indenture which changes or
		eliminates any covenant or other provision of this Indenture which has
		expressly been included solely for the benefit of one or more particular series
		of Securities, or which modifies the rights of the Holders of Securities of
		such series with respect to such covenant or other provision, shall be deemed
		not to affect the rights under this Indenture of the Holders of Securities of
		any other series.
	 

	 
		It shall not be necessary for any Act of
		Holders under this Section to approve the particular form of any proposed
		supplemental indenture, but it shall be sufficient if such Act shall approve
		the substance thereof.
	 

	 
		Section 9.03
		Execution of Supplemental
		Indentures. In executing, or accepting
		the additional trusts created by, any supplemental indenture permitted by this
		Article or the modifications thereby of the trusts created by this Indenture,
		the Trustee shall be entitled to receive, and (subject to Section 6.01) shall
		be fully protected in relying upon, an Opinion of Counsel stating that the
		execution of such supplemental indenture is authorized or permitted by this
		Indenture. The Trustee may, but shall not be obligated to, enter into any such
		supplemental indenture which affects the Trustee’s own rights, duties or
		immunities under this Indenture or otherwise.
	 

	 
		Section 9.04
		Effect of Supplemental
		Indentures. Upon the execution of any
		supplemental indenture under this Article, this Indenture shall be modified in
		accordance therewith, and such supplemental indenture shall form a part of this
		Indenture for all purposes; and every Holder of Securities theretofore or
		thereafter authenticated and delivered hereunder shall be bound thereby.

	 

	 
		Section 9.05
		Section 9.05 Conformity with Trust
		Indenture Act. Every supplemental
		indenture executed pursuant to this Article shall conform to the requirements
		of the Trust Indenture Act.
	 

	 
		Section 9.06
		Reference in Securities to Supplemental
		Indentures. Securities of any series
		authenticated and delivered after the execution of any supplemental indenture
		pursuant to this Article may, and shall if required by the Trustee, bear a
		notation in form approved by the Trustee as to any matter provided for in such
		supplemental indenture. If the Company and the Subsidiary Guarantors shall so
		determine, new Securities of any series so modified as to conform, in the
		opinion of the Trustee, the Company and the Subsidiary Guarantors, to any such
		supplemental indenture may be prepared and executed by the Company, and the
		Subsidiary Guarantees endorsed thereon may be executed by the Subsidiary
		Guarantors, and such new Securities may be authenticated and delivered by the
		Trustee in exchange for Outstanding Securities of such series.
	 

	 
		ARTICLE
		X
	 

	 
		 
	 

	 
		COVENANTS
	 

	 
		Section 10.01
		Payment of Securities. The Company covenants and agrees for the benefit of
		each series of Securities that it will pay the principal of and interest on the
		Securities of that series on the dates and in the manner provided in the
		Securities of that series and this Indenture. 
	 

	 
		 
	 

	 
		54
	 

	 
		 
	 

	 
	 

	 

	 
		An installment of principal, premium, if
		any, or interest on the Securities shall be considered paid on the date it is
		due if the Trustee or Paying Agent (other than the Company or an Affiliate of
		the Company) holds for the benefit of the Holders, on that date, immediately
		available funds deposited and designated for and sufficient to pay the
		installment.
	 

	 
		The Company shall pay interest on overdue
		principal and on overdue installments of interest at the rate specified in the
		Securities compounded semi-annually, to the extent lawful.
	 

	 
		Section 10.02
		Maintenance of Office or
		Agency. The Company shall maintain in
		the Place of Payment for any series of Securities an office or agency where
		Securities of that series may be presented or surrendered for payment, where
		Securities of that series may be surrendered for registration of transfer or
		exchange, where Securities of any series that is convertible may be surrendered
		for conversion, and where notices and demands to or upon the Company or any
		Subsidiary Guarantor in respect of the Securities of that series, any
		Subsidiary Guarantees endorsed thereon and this Indenture may be served. The
		Company and the Subsidiary Guarantors will give prompt written notice to the
		Trustee of the location, and any change in the location, of such office or
		agency. If at any time the Company or any Subsidiary Guarantor shall fail to
		maintain any such required office or agency or shall fail to furnish the
		Trustee with the address thereof, such presentations, surrenders, notices and
		demands may be made or served at the Corporate Trust Office of the Trustee, and
		each of the Company and each Subsidiary Guarantor hereby appoints the Trustee
		as its agent to receive all such presentations, surrenders, notices and
		demands.
	 

	 
		The Company may also from time to time
		designate one or more other offices or agencies where the Securities of one or
		more series may be presented or surrendered for any or all such purposes and
		may from time to time rescind such designations; provided,
		however, that no such designation or rescission shall in any
		manner relieve the Company of its obligation to maintain an office or agency in
		each Place of Payment for Securities of any series for such purposes. The
		Company shall give prompt written notice to the Trustee of any such designation
		or rescission and of any change in the location of any such other office or
		agency. The Company hereby initially designates the principal corporate trust
		office of the Trustee as such office of the Company.
	 

	 
		Section 10.03
		Money for Securities Payments to Be Held
		in Trust. If the Company shall at any
		time act as its own Paying Agent with respect to any series of Securities, it
		will, on or before each due date of the principal of or any premium or interest
		on any of the Securities of that series, segregate and hold in trust for the
		benefit of the Persons entitled thereto a sum sufficient to pay the principal
		and any premium and interest so becoming due until such sums shall be paid to
		such Persons or otherwise disposed of as herein provided and will promptly
		notify the Trustee of its action or failure so to act.
	 

	 
		Whenever the Company shall have one or more
		Paying Agents for any series of Securities, it will, on or prior to each due
		date of the principal of or any premium or interest on any Securities of that
		series, deposit with a Paying Agent a sum sufficient to pay such amount, such
		sum to be held as provided by the Trust Indenture Act, and (unless such Paying
		Agent is the Trustee) the Company will promptly notify the Trustee of its
		action or failure so to act.
	 

	 
		 
	 

	 
		55
	 

	 
		 
	 

	 
	 

	 

	 
		The Company will cause each Paying Agent for
		any series of Securities other than the Trustee to execute and deliver to the
		Trustee an instrument in which such Paying Agent shall agree with the Trustee,
		subject to the provisions of this Section, that such Paying Agent will (1)
		comply with the provisions of the Trust Indenture Act applicable to it as a
		Paying Agent and (2) during the continuance of any default by the Company (or
		any other obligor upon the Securities of that series) in the making of any
		payment in respect of the Securities of that series, upon the written request
		of the Trustee, forthwith pay to the Trustee all sums held in trust by such
		Paying Agent for payment in respect of the Securities of that series.
	 

	 
		The Company may at any time, for the purpose
		of obtaining the satisfaction and discharge of this Indenture or for any other
		purpose, pay, or by Company Order direct any Paying Agent to pay, to the
		Trustee all sums held in trust by the Company or such Paying Agent, such sums
		to be held by the Trustee upon the same trusts as those upon which such sums
		were held by the Company or such Paying Agent; and, upon such payment by any
		Paying Agent to the Trustee, such Paying Agent shall be released from all
		further liability with respect to such money.
	 

	 
		Any money deposited with the Trustee or any
		Paying Agent, or then held by the Company, in trust for the payment of the
		principal of or any premium or interest on any Security of any series and
		remaining unclaimed for two years after such principal, premium or interest has
		become due and payable shall be paid to the Company on Company Request, or (if
		then held by the Company) shall be discharged from such trust; and the Holder
		of such Security shall thereafter, as an unsecured general creditor, look only
		to the Company for payment thereof, and all liability of the Trustee or such
		Paying Agent with respect to such trust money, and all liability of the Company
		as trustee thereof, shall thereupon cease; provided, however, that
		the Trustee or such Paying Agent, before being required to make any such
		repayment, may at the expense of the Company cause to be published once, in a
		newspaper published in the English language, customarily published on each
		Business Day and of general circulation in New York City, notice that such
		money remains unclaimed and that, after a date specified therein, which shall
		not be less than 30 days from the date of such publication, any unclaimed
		balance of such money then remaining will be repaid to the Company. 
	 

	 
		Section 10.04
		Corporate Existence. Subject to Article VIII, the Company shall do or cause
		to be done all things necessary to preserve and keep in full force and effect
		its corporate existence in accordance with the respective organizational
		documents of each of them and the rights (charter and statutory) and corporate
		franchises of the Company and each of its Subsidiaries; provided,
		however, that the Company shall not be required to preserve,
		with respect to itself, any right or franchise, and with respect to any of its
		Subsidiaries, any such existence, right or franchise, if (a) the Board of
		Directors of the Company shall determine that the preservation thereof is no
		longer desirable in the conduct of the business of the Company and (b) the loss
		thereof is not disadvantageous in any material respect to the Holders.
	 

	 
		Section 10.05
		Compliance Certificate; Notice of
		Default.
	 

	 
		(a) The Company shall deliver to the Trustee
		annually an Officer’s Certificate complying with Section 314(a)(4) of the
		Trust Indenture Act and stating that a review of its activities and the
		activities of its Subsidiaries during the preceding fiscal year has been made
		
	 

	 
		 
	 

	 
		56
	 

	 
		 
	 

	 
	 

	 

	 
		under the supervision of the signing
		officers with a view to determining whether the Company has kept, observed,
		performed and fulfilled its obligations under this Indenture (all without
		regard to periods of grace, which shall be deemed fulfilled unless and until
		the expiration of such periods, or notice requirements) and further stating, as
		to each such officer signing such certificate, whether or not the signer knows
		of any failure by the Company or any Subsidiary of the Company to comply with
		any conditions or covenants in this Indenture and, if such signer does know of
		such a failure to comply, the certificate shall describe such failure with
		particularity. The Officer’s Certificate shall also notify the Trustee
		should the relevant fiscal year end on any date other than the current fiscal
		year end date.
	 

	 
		(b) The Company shall, so long as any of the
		Securities of any series are outstanding, deliver to the Trustee, within 30
		days after becoming aware of any Event of Default with respect to such series
		under this Indenture, an Officer’s Certificate specifying such Event of
		Default and what action the Company or the Subsidiary Guarantors are taking or
		propose to take with respect thereto. The Trustee shall not be deemed to have
		knowledge of an Event of Default unless one of its Responsible Officers
		receives notice of the Event of Default from the Company or any of the
		Holders.
	 

	 
		ARTICLE
		XI
	 

	 
		 
	 

	 
		REDEMPTION OF SECURITIES
	 

	 
		Section 11.01
		Applicability of Article. Securities of any series which are redeemable before
		their Stated Maturity shall be redeemable in accordance with their terms and
		(except as otherwise specified as contemplated by Section 3.01 for Securities
		of any series) in accordance with this Article.
	 

	 
		Section 11.02
		Election to Redeem; Notice to
		Trustee. The election of the Company to
		redeem any Securities shall be evidenced by a Board Resolution. In case of any
		redemption at the election of the Company of less than all the Securities of
		any series, the Company shall, at least 60 days prior to the Redemption Date
		fixed by the Company (unless a shorter notice shall be satisfactory to the
		Trustee), notify the Trustee of such Redemption Date, of the principal amount
		of Securities of such series to be redeemed and, if applicable, of the tenor of
		the Securities to be redeemed. In the case of any redemption of Securities
		prior to the expiration of any restriction on such redemption provided in the
		terms of such Securities or elsewhere in this Indenture, the Company shall
		furnish the Trustee with an Officer’s Certificate evidencing compliance
		with such restriction.
	 

	 
		Section 11.03
		Selection by Trustee of Securities to Be
		Redeemed. If less than all the
		Securities of any series are to be redeemed (unless all of the Securities of
		such series and of a specified tenor are to be redeemed), the particular
		Securities to be redeemed shall be selected not more than 60 days prior to the
		Redemption Date by the Trustee from the Outstanding Securities of such series
		not previously called for redemption, by such method as the Trustee shall deem
		fair and appropriate and which may provide for the selection for redemption of
		portions (equal to the minimum authorized denomination for Securities of that
		series or any integral multiple thereof) of the principal amount of Securities
		of such series of a denomination larger than the minimum authorized
		denomination for Securities of that series. If less than all of the Securities
		
	 

	 
		 
	 

	 
		57
	 

	 
		 
	 

	 
	 

	 

	 
		of such series and of a specified tenor are
		to be redeemed, the particular Securities to be redeemed shall be selected not
		more than 60 days prior to the Redemption Date by the Trustee from the
		Outstanding Securities of such series and specified tenor not previously called
		for redemption in accordance with the preceding sentence.
	 

	 
		If any Security selected for partial
		redemption is converted in part before termination of the conversion right with
		respect to the portion of the Security so selected, the converted portion of
		such Security shall be deemed (so far as may be) to be the portion selected for
		redemption. Securities which have been converted during a selection of
		Securities to be redeemed shall be treated by the Trustee as Outstanding for
		the purpose of such selection.
	 

	 
		The Trustee shall promptly notify the
		Company in writing of the Securities selected for redemption and, in the case
		of any Securities selected for partial redemption, the principal amount thereof
		to be redeemed.
	 

	 
		For all purposes of this Indenture, unless
		the context otherwise requires, all provisions relating to the redemption of
		Securities shall relate, in the case of any Securities redeemed or to be
		redeemed only in part, to the portion of the principal amount of such
		Securities which has been or is to be redeemed.
	 

	 
		Section 11.04
		Notice of Redemption. Notice of redemption shall be delivered electronically
		or by first-class mail, postage prepaid, mailed not less than 30 nor more than
		60 days prior to the Redemption Date, to each Holder of Securities to be
		redeemed, at his address appearing in the Security Register.
	 

	 
		All notices of redemption shall
		state:
	 

	 
		(1) the Redemption Date,
	 

	 
		(2) the Redemption Price,
	 

	 
		(3) if less than all the Outstanding
		Securities of any series are to be redeemed, the identification (and, in the
		case of partial redemption of any Securities, the principal amounts) of the
		particular Securities to be redeemed,
	 

	 
		(4) that on the Redemption Date the
		Redemption Price will become due and payable upon each such Security to be
		redeemed and, if applicable, that interest thereon will cease to accrue on and
		after said date,
	 

	 
		(5) in the case of any Securities that are
		convertible pursuant to Article XV, the conversion price or rate, the date on
		which the right to convert the principal of the Securities to be redeemed will
		terminate and the place or places where such Securities may be surrendered for
		conversion,
	 

	 
		(6) the place or places where such
		Securities are to be surrendered for payment of the Redemption Price,
	 

	 
		(7) that the redemption is for a sinking
		fund, if such is the case, and
	 

	 
		 
	 

	 
		58
	 

	 
		 
	 

	 
	 

	 

	 
		(8) applicable CUSIP Numbers.
	 

	 
		Notice of redemption of Securities to be
		redeemed at the election of the Company shall be given by the Company or, at
		the Company’s request, by the Trustee in the name and at the expense of
		the Company and shall be irrevocable.
	 

	 
		Section 11.05
		Deposit of Redemption
		Price. Prior to any Redemption Date,
		the Company shall deposit with the Trustee or with a Paying Agent an amount of
		money sufficient to pay the Redemption Price of, and (except if the Redemption
		Date shall be an Interest Payment Date) accrued interest on, all the Securities
		which are to be redeemed on that date other than any Securities called for
		redemption on that date which have been converted prior to the date of such
		deposit.
	 

	 
		If any Security called for redemption is
		converted, any money deposited with the Trustee or with any Paying Agent or so
		segregated and held in trust for the redemption of such Security shall (subject
		to any right of the Holder of such Security or any Predecessor Security to
		receive interest as provided in the last paragraph of Section 3.07) be paid to
		the Company upon Company Request or, if then held by the Company, shall be
		discharged from such trust.
	 

	 
		Section 11.06
		Securities Payable on Redemption
		Date. Notice of redemption having been
		given as aforesaid, the Securities so to be redeemed shall, on the Redemption
		Date, become due and payable at the Redemption Price therein specified, and
		from and after such date (unless the Company shall default in the payment of
		the Redemption Price and accrued interest) such Securities shall cease to bear
		interest. Upon surrender of any such Security for redemption in accordance with
		said notice, such Security shall be paid by the Company at the Redemption
		Price, together with accrued interest to the Redemption Date; provided,
		however, that, unless otherwis e specified as contemplated by
		Section 3.01, installments of interest whose Stated Maturity is on or prior to
		the Redemption Date shall be payable to the Holders of such Securities, or one
		or more Predecessor Securities, registered as such at the close of business on
		the relevant Record Dates according to their terms and the provisions of
		Section 3.07.
	 

	 
		If any Security called for redemption shall
		not be so paid upon surrender thereof for redemption, the principal and any
		premium shall, until paid, bear interest from the Redemption Date at the rate
		prescribed therefor in the Security.
	 

	 
		ARTICLE
		XII
	 

	 
		 
	 

	 
		SINKING FUNDS
	 

	 
		Section 12.01
		Applicability of Article. The provisions of this Article shall be applicable to
		any sinking fund for the retirement of Securities of a series except as
		otherwise specified as contemplated by Section 3.01 for Securities of such
		series.
	 

	 
		The minimum amount of any sinking fund
		payment provided for by the terms of Securities of any series is herein
		referred to as a “mandatory sinking fund payment”, and any payment in
		excess of such minimum amount provided for by the terms of Securities of any
		series is herein referred to as an “optional sinking fund payment”.
		If provided for by the terms of Securities of any series, the cash amount of
		any sinking fund payment may be subject to 
	 

	 
		 
	 

	 
		59
	 

	 
		 
	 

	 
	 

	 

	 
		reduction as provided in Section 12.02. Each
		sinking fund payment shall be applied to the redemption of Securities of any
		series as provided for by the terms of Securities of such series.
	 

	 
		Section 12.02
		Satisfaction of Sinking Fund Payments
		with Securities. The Company (1) may
		deliver Outstanding Securities of a series (other than any Securities
		previously called for redemption) and (2) may apply as a credit Securities of a
		series which have been converted pursuant to Article XV or which have been
		redeemed either at the election of the Company pursuant to the terms of such
		Securities or through the application of permitted optional sinking fund
		payments pursuant to the terms of such Securities, in each case in satisfaction
		of all or any part of any sinking fund payment with respect to the Securities
		of such series required to be made pursuant to the terms of such Securities as
		provided for by the terms of such series; provided that
		such Securities have not been previously so credited. Such Securities shall be
		received and credited for such purpose by the Trustee at the Redemption Price
		specified in such Securities for redemption through operation of the sinking
		fund and the amount of such sinking fund payment shall be reduced
		accordingly.
	 

	 
		Section 12.03
		Redemption of Securities for Sinking
		Fund. Not less than 60 days prior to
		each sinking fund payment date for any series of Securities, the Company will
		deliver to the Trustee an Officer’s Certificate specifying the amount of
		the next ensuing sinking fund payment for that series pursuant to the terms of
		that series, the portion thereof, if any, which is to be satisfied by payment
		of cash and the portion thereof, if any, which is to be satisfied by delivering
		and crediting Securities of that series pursuant to Section 12.02, and will
		also deliver to the Trustee any Securities to be so delivered. Not less than 30
		days before each such sinking fund payment date the Trustee shall select the
		Securities to be redeemed upon such sinking fund payment date in the manner
		specified in Section 11.03 and cause notice of the redemption thereof to be
		given in the name of and at the expense of the Company in the manner provided
		in Section 11.04. Such notice having been duly given, the redemption of such
		Securities shall be made upon the terms and in the manner stated in Section
		11.06.
	 

	 
		ARTICLE
		XIII
	 

	 
		 
	 

	 
		SUBSIDIARY GUARANTEE
	 

	 
		Section 13.01
		Subsidiary Guarantee. Each of the Subsidiary Guarantors hereby jointly and
		severally unconditionally Guarantees to each Holder of a Security of a series
		as to which it is a Subsidiary Guarantor authenticated and delivered by the
		Trustee, and to the Trustee on behalf of such Holder, the due and punctual
		payment of the principal of (and premium, if any) and interest on such Security
		when and as the same shall become due and payable, whether at the Stated
		Maturity, by acceleration, call for redemption, purchase or otherwise, in
		accordance with the terms of such Security and of this Indenture. In case of
		the failure of the Company punctually to make any such payment, each of the
		Subsidiary Guarantors hereby jointly and severally agrees to cause such payment
		to be made punctually when and as the same shall become due and payable,
		whether at the Stated Maturity or by acceleration, call for redemption,
		purchase or otherwise, and as if such payment were made by the Company.
	 

	 
		Each of the Subsidiary Guarantors hereby
		jointly and severally agrees that its obligations hereunder shall be
		unconditional, irrespective of the validity, regularity or enforceability of
		such 
	 

	 
		 
	 

	 
		60
	 

	 
		 
	 

	 
	 

	 

	 
		Security or this Indenture, the absence of
		any action to enforce the same, any exchange, release or non-perfection of any
		Lien on any collateral for, or any release or amendment or waiver of any term
		of any other Guarantee of, or any consent to departure from any requirement of
		any other Guarantee of all or any of the Securities, the election by the
		Trustee or any of the Holders in any proceeding under Chapter 11 of Title 11 of
		the United States Code (the “Bankruptcy Code”) of the application of
		Section 1111(b)(2) of the Bankruptcy Code, any borrowing or grant of a security
		interest by the Company, as debtor-in-possession, under Section 364 of the
		Bankruptcy Code, the disallowance, under Section 502 of the Bankruptcy Code, of
		all or any portion of the claims of the Trustee or any of the Holders for
		payment of any of the Securities, any waiver or consent by the Holder of such
		Security or by the Trustee with respect to any provisions thereof or of this
		Indenture, the obtaining of any judgment against the Company or any action to
		enforce the same or any other circumstances which might otherwise constitute a
		legal or equitable discharge or defense of a guarantor. Each of the Subsidiary
		Guarantors hereby waives the benefits of diligence, presentment, demand for
		payment, any requirement that the Trustee or any of the Holders protect,
		secure, perfect or insure any security interest in or other Lien on any
		property subject thereto or exhaust any right or take any action against the
		Company or any other Person or any collateral, filing of claims with a court in
		the event of insolvency or bankruptcy of the Company, any right to require a
		proceeding first against the Company, protest or notice with respect to such
		Security or the Indebtedness evidenced thereby and all demands whatsoever, and
		covenants that this Subsidiary Guarantee will not be discharged in respect of
		such Security except by complete performance of the obligations contained in
		such Security and in this Subsidiary Guarantee. Each of the Subsidiary
		Guarantors hereby agrees that, in the event of a default in payment of
		principal (or premium, if any) or interest on such Security, whether at their
		Stated Maturity, by acceleration, call for redemption, purchase or otherwise,
		legal proceedings may be instituted by the Trustee on behalf of, or by, the
		Holder of such Security, subject to the terms and conditions set forth in this
		Indenture, directly against each of the Subsidiary Guarantors to enforce this
		Subsidiary Guarantee without first proceeding against the Company. Each
		Subsidiary Guarantor agrees that if, after the occurrence and during the
		continuance of an Event of Default with respect to the Securities of the series
		as to which it is a Subsidiary Guarantor, the Trustee or any of the Holders are
		prevented by applicable law from exercising their respective rights to
		accelerate the maturity of the Securities of such series, to collect interest
		on the Securities of such series, or to enforce or exercise any other right or
		remedy with respect to the Securities of such series, or the Trustee or the
		Holders are prevented from taking any action to realize on any collateral, such
		Subsidiary Guarantor agrees to pay to the Trustee for the account of the
		Holders, upon demand therefor, the amount that would otherwise have been due
		and payable had such rights and remedies been permitted to be exercised by the
		Trustee or any of the Holders.
	 

	 
		Each Subsidiary Guarantor shall be
		subrogated to all rights of the Holders of the Securities upon which its
		Subsidiary Guarantee is endorsed against the Company in respect of any amounts
		paid by such Subsidiary Guarantor on account of such Security pursuant to the
		provisions of its Subsidiary Guarantee or this Indenture; provided, however, that no
		Subsidiary Guarantor shall be entitled to enforce or to receive any payments
		arising out of, or based upon, such right of subrogation until the principal of
		(and premium, if any) and interest on all Securities issued hereunder as to
		which such Subsidiary Guarantor is a Subsidiary Guarantor shall have been paid
		in full.
	 

	 
		 
	 

	 
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		Each Subsidiary Guarantee shall remain in
		full force and effect and continue to be effective should any petition be filed
		by or against the Company for liquidation or reorganization, should the Company
		become insolvent or make an assignment for the benefit of creditors or should a
		receiver or trustee be appointed for all or any significant part of the
		Company’s assets, and shall, to the fullest extent permitted by law,
		continue to be effective or be reinstated, as the case may be, if at any time
		payment and performance of the Securities is, pursuant to applicable law,
		rescinded or reduced in amount, or must otherwise be restored or returned by
		any obligee on the Securities, whether as a “voidable preference,”
		“fraudulent transfer,” or otherwise, all as though such payment or
		performance had not been made. In the event that any payment, or any part
		thereof, is rescinded, reduced, restored or returned, the Securities shall, to
		the fullest extent permitted by law, be reinstated and deemed reduced only by
		such amount paid and not so rescinded, reduced, restored or returned.
	 

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

	 
		Section 13.02
		Execution and Delivery of Subsidiary
		Guarantees. The Subsidiary Guarantees
		to be endorsed on the Securities of any series shall include the terms of the
		Subsidiary Guarantee set forth in Section 13.01 and any other terms that may be
		set forth in the form established pursuant to Section 2.06. Each of the
		Subsidiary Guarantors hereby agrees to execute its Subsidiary Guarantee, in a
		form established pursuant to Section 2.06, to be endorsed on each Security as
		to which it is a Subsidiary Guarantor authenticated and delivered by the
		Trustee.
	 

	 
		The Subsidiary Guarantee shall be executed
		on behalf of each respective Subsidiary Guarantor by any one of such Subsidiary
		Guarantor’s Chairman of the Board, Vice Chairman of the Board, President,
		Vice President or other person duly authorized by the Board of Directors of
		such Subsidiary Guarantor, attested by its Secretary or Assistant Secretary.
		The signature of any or all of these persons on the Subsidiary Guarantee may be
		manual or facsimile.
	 

	 
		A Subsidiary Guarantee bearing the manual or
		facsimile signature of individuals who were at any time the proper officers of
		a Subsidiary Guarantor shall bind such Subsidiary Guarantor, notwithstanding
		that such individuals or any of them have ceased to hold such offices prior to
		the authentication and delivery of the Security on which such Subsidiary
		Guarantee is endorsed or did not hold such offices at the date of such
		Subsidiary Guarantee.
	 

	 
		The delivery of any Security by the Trustee,
		after the authentication thereof hereunder, shall constitute due delivery of
		the Subsidiary Guarantee endorsed thereon on behalf of the Subsidiary
		Guarantors. Each of the Subsidiary Guarantors hereby jointly and severally
		agrees that its Subsidiary Guarantee set forth in Section 13.01 shall remain in
		full force and effect notwithstanding any failure to endorse a Subsidiary
		Guarantee on any Security.
	 

	 
		Section 13.03
		Subsidiary Guarantors May Consolidate,
		Etc., on Certain Terms. Except as set
		forth in Section 13.04 and in Article VIII and the terms of the Securities,
		nothing contained in this Indenture or in any of the Securities shall prevent
		any consolidation, amalgamation or merger of a Subsidiary Guarantor with or
		into the Company or another Subsidiary Guarantor or 
	 

	 
		 
	 

	 
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		shall prevent any conveyance, transfer or
		lease of the property and assets of a Subsidiary Guarantor substantially as an
		entirety to the Company or another Subsidiary Guarantor.
	 

	 
		Section 13.04
		Release of Subsidiary
		Guarantors.
	 

	 
		(a) Concurrently with any consolidation,
		amalgamation or merger of a Subsidiary Guarantor or any conveyance, transfer or
		lease of the property of a Subsidiary Guarantor as an entirety or substantially
		as an entirety, in each case as permitted by Section 13.03 hereof, and upon
		delivery by the Company to the Trustee of an Officer’s Certificate and an
		Opinion of Counsel to the effect that such consolidation, amalgamation, merger,
		conveyance, transfer or lease was made in accordance with Section 13.03 hereof,
		the Trustee shall execute any documents reasonably required in order to
		acknowledge the release of such Subsidiary Guarantor from its obligations under
		its Subsidiary Guarantee endorsed on the Securities and under this Article
		XIII. Any Subsidiary Guarantor not released from its obligations under its
		Subsidiary
	 

	 
		Guarantee endorsed on the Securities and
		under this Article XIII shall remain liable for the full amount of principal of
		(and premium, if any) and interest on the Securities of a series as to which it
		is a Subsidiary Guarantor and for the other obligations of a Subsidiary
		Guarantor under its Subsidiary Guarantee endorsed on such Securities and under
		this Article XIII.
	 

	 
		(b) Concurrently with the defeasance of the
		Securities under Section 14.02 hereof, the Subsidiary Guarantors shall be
		released from all of their obligations under their Subsidiary Guarantees
		endorsed on the Securities and under this Article XIII, without any action on
		the part of the Trustee or any Holder of Securities.
	 

	 
		(c) Upon the sale or disposition (by merger
		or otherwise) of any Subsidiary Guarantor by the Company or any Restricted
		Subsidiary of the Company constituting an asset sale permitted under the terms
		of the Securities of any series to a Person other than the Company or a
		Subsidiary Guarantor of the Company and which is otherwise in compliance with
		the terms of this Indenture and the terms of the Securities of such series,
		such Subsidiary Guarantor shall automatically be released from all obligations
		under its Subsidiary Guarantees endorsed on the Securities of such series and
		under this Article XIII, provided that
		all other obligations of such Subsidiary Guarantor with respect to any
		Indebtedness of the Company or any Subsidiary of the Company shall also
		terminate upon such transaction. Notice of such release pursuant to this
		paragraph (c) shall be provided to the Trustee.
	 

	 
		 
	 

	 
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		Section 13.05 Additional Subsidiary Guarantors.
	 

	 
		(a) The Company may cause any of its
		Subsidiaries to become a Subsidiary Guarantor with respect to the Securities by
		executing and delivering to the Trustee (a) a supplemental indenture, in form
		and substance satisfactory to the Trustee, which subjects such Person to the
		provisions (including the representations and warranties) of this Indenture as
		a Subsidiary Guarantor and (b) an Opinion of Counsel to the effect that such
		supplemental indenture has been duly authorized and executed by such Person and
		constitutes the legal, valid, binding and enforceable obligation of such Person
		(subject to such customary exceptions concerning creditors’ rights and
		equitable principles as may be acceptable to the Trustee in its
		discretion).
	 

	 
		(b) The Company will cause any Subsidiary of
		the Company that is required under the terms of the Securities of any series to
		become a Subsidiary Guarantor to execute a supplemental indenture pursuant to
		which it shall become a Subsidiary Guarantor.
	 

	 
		ARTICLE
		XIV
	 

	 
		 
	 

	 
		DEFEASANCE AND COVENANT
		DEFEASANCE
	 

	 
		Section 14.01
		Company’s Option to Effect
		Defeasance or Covenant Defeasance. The
		Company may elect, at its option by Board Resolution at any time, to have
		either Section 14.02 or Section 14.03 applied to the Outstanding Securities of
		any series designated pursuant to Section 3.01 as being defeasible pursuant to
		this Article XIV (hereinafter called a “Defeasible Series”), upon
		compliance with the conditions set forth below in this Article XIV.
	 

	 
		Section 14.02
		Defeasance and Discharge. Upon the Company’s exercise of the option
		provided in Section 14.01 to have this Section 14.02 applied to the Outstanding
		Securities of any Defeasible Series, the Company shall be deemed to have been
		discharged from its obligations, and the provisions of Article XIII shall cease
		to be effective, with respect to the Outstanding Securities of such series and
		the Subsidiary Guarantors shall be deemed to have been discharged from their
		obligations with respect to their Subsidiary Guarantees for such Outstanding
		Securities, as provided in this Section on and after the date the conditions
		set forth in Section 14.04 are satisfied (hereinafter called
		“Defeasance”), and the Trustee shall deliver to the Company and the
		Subsidiary Guarantors appropriate instruments of satisfaction, discharge and
		release. For this purpose, such Defeasance means that the Company shall be
		deemed to have paid and discharged the entire indebtedness represented by the
		Outstanding Securities of such series and to have satisfied all its other
		obligations under the Securities of such series and this Indenture, and the
		Subsidiary Guarantors shall be deemed to have satisfied all of their
		obligations under their Subsidiary Guarantees and this Indenture insofar as the
		Securities of such series are concerned (and the Trustee, at the expense of the
		Company, shall execute proper instruments acknowledging the same), subject to
		the following which shall survive until otherwise terminated or discharged
		hereunder: (1) the rights of Holders of Securities of such series to receive,
		solely from the trust fund described in Section 14.04 and as more fully set
		forth in such Section, payments in respect of the principal of and any premium
		and interest on such Securities of such series when payments are due, (2) the
		Company’s obligations with respect to the Securities of such series under
		Sections 3.04, 3.05, 3.06, 10.02 and 10.03, (3) the rights, 
	 

	 
		 
	 

	 
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		powers, trusts, duties and immunities of the
		Trustee hereunder and (4) this Article XIV. Subject to compliance with this
		Article XIV, the Company may exercise its option provided in Section 14.01 to
		have this Section 14.02 applied to the Outstanding Securities of any Defeasible
		Series notwithstanding the prior exercise of its option provided in Section
		14.01 to have Section 14.03 applied to the Outstanding Securities of such
		series.
	 

	 
		Section 14.03
		Covenant Defeasance. Upon the Company’s exercise of the option
		provided in Section 14.01 to have this Section 14.03 applied to the Outstanding
		Securities of any Defeasible Series, (1) the Company shall be released from its
		obligations under Section 8.01 and Section 10.04, and the Subsidiary Guarantors
		shall be released from their obligations under Section 8.02 and Article XIII
		and (2) the occurrence of any event specified in Sections 5.01(3), 5.01(5)
		(with respect to any of Sections 8.01, 8.02 and 10.04), 5.01(6) and 5.01(9)
		shall be deemed not to be or result in an Event of Default, and (3) the
		provisions of Article XIII shall cease to be effective, in each case with
		respect to the Outstanding Securities of such series as provided in this
		Section on and after the date the conditions set forth in Section 14.04 are
		satisfied (hereinafter called “Covenant Defeasance”). For this
		purpose, such Covenant Defeasance means that the Company may omit to comply
		with and shall have no liability in respect of any term, condition or
		limitation set forth in any such specified Section (to the extent so specified
		in the case of Section 5.01(5)), whether directly or indirectly by reason of
		any reference elsewhere herein to any such Section or by reason of any
		reference in any such Section to any other provision herein or in any other
		document, but the remainder of this Indenture and the Securities of such series
		shall be unaffected thereby. In addition, Covenant Defeasance means that each
		Subsidiary Guarantor, if any, shall be released from its obligations under its
		Subsidiary Guarantee to the extent that the Company is released from its
		obligations under this Indenture.
	 

	 
		Section 14.04
		Conditions to Defeasance or Covenant
		Defeasance. The following shall be the
		conditions to application of either Section 14.02 or Section 14.03 to the
		Outstanding Securities of any Defeasible Series:
	 

	 
		(1) The Company shall irrevocably have
		deposited or caused to be deposited with the Trustee (or another trustee that
		satisfies the requirements contemplated by Section 6.09 and agrees to comply
		with the provisions of this Article XIV applicable to it) as trust funds in
		trust for the purpose of making the following payments, specifically pledged as
		security for, and dedicated solely to, the benefit of the Holders of
		Outstanding Securities of such series, (A) money in an amount, or (B) U.S.
		Government Obligations that through the scheduled payment of principal and
		interest in respect thereof in accordance with their terms will provide, not
		later than one day before the due date of any payment, money in an amount, or
		(C) a combination thereof, in each case sufficient, in the opinion of a
		nationally recognized firm of independent public accountants expressed in a
		written certification thereof delivered to the Trustee, to pay and discharge,
		and which shall be applied by the Trustee (or any such other qualifying
		trustee) to pay and discharge, the principal of and any premium and interest on
		the Securities of such series on the respective Stated Maturities, in
		accordance with the terms of this Indenture and the Securities of such series.
		As used herein, “U.S. Government Obligation” means (x) any security
		that is (i) a direct obligation of the United States of America for the payment
		of which full faith and credit of the United States of America is pledged or
		(ii) an obligation of a Person controlled or supervised by and acting as an
		agency or instrumentality of 
	 

	 
		 
	 

	 
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		the United States of America the payment of
		which is unconditionally guaranteed as a full faith and credit obligation by
		the United States of America, which, in either case (i) or (ii), is not
		callable or redeemable at the option of the issuer thereof, and (y) any
		depositary receipt issued by a bank (as defined in Section 3(a)(2) of the
		Securities Act of 1933, as amended) as custodian with respect to any U.S.
		Government Obligation specified in Clause (x) and held by such custodian for
		the account of the holder of such depositary receipt, or with respect to any
		specific payment of principal of or interest on any such U.S. Government
		Obligation, provided that (except as required by law) such custodian is not
		authorized to make any deduction from the amount payable to the holder of such
		depositary receipt from any amount received by the custodian in respect of the
		U.S. Government Obligation or the specific payment of principal or interest
		evidenced by such depositary receipt.
	 

	 
		(2) In the case of an election under Section
		14.02, the Company shall have delivered to the Trustee an Opinion of Counsel
		stating that (A) the Company has received from, or there has been published by,
		the Internal Revenue Service a ruling or (B) since the date first set forth
		hereinabove, there has been a change in the applicable Federal income tax law,
		in either case (A) or (B) to the effect that, and based thereon such opinion
		shall confirm that, the Holders of the Outstanding Securities of such series
		will not recognize gain or loss for Federal income tax purposes as a result of
		the deposit, Defeasance and discharge to be effected with respect to the
		Securities of such series and will be subject to Federal income tax on the same
		amount, in the same manner and at the same times as would be the case if such
		deposit, Defeasance and discharge were not to occur.
	 

	 
		(3) In the case of an election under Section
		14.03, the Company shall have delivered to the Trustee an Opinion of Counsel to
		the effect that the Holders of the Outstanding Securities of such series will
		not recognize gain or loss for Federal income tax purposes as a result of the
		deposit and Covenant Defeasance to be effected with respect to the Securities
		of such series and will be subject to Federal income tax on the same amount, in
		the same manner and at the same times as would be the case if such deposit and
		Covenant Defeasance were not to occur.
	 

	 
		(4) No Event of Default or event that (after
		notice or lapse of time or both) would become an Event of Default shall have
		occurred and be continuing at the time of such deposit or, with regard to any
		Event of Default or any such event specified in Sections 5.01(7) and (8), at
		any time on or prior to the 90th day after the date of such deposit (it being
		understood that this condition shall not be deemed satisfied until after such
		90th day).
	 

	 
		(5) Such Defeasance or Covenant Defeasance
		shall not result in a breach or violation of, or constitute a default under,
		any other agreement or instrument to which the Company is a party or by which
		it is bound.
	 

	 
		(6) The Company shall have delivered to the
		Trustee an Officer’s Certificate and an Opinion of Counsel, each stating
		that all conditions precedent with respect to such Defeasance or Covenant
		Defeasance have been complied with.
	 

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

	 
		 
	 

	 
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		All money and U.S. Government Obligations
		(including the proceeds thereof) deposited with the Trustee or other qualifying
		trustee (solely for purposes of this Section and Section 14.06, the Trustee and
		any such other trustee are referred to collectively as the “Trustee”)
		pursuant to Section 14.04 in respect of the Securities of any Defeasible Series
		shall be held in trust and applied by the Trustee, in accordance with the
		provisions of the Securities of such series and this Indenture, to the payment,
		either directly or through any such Paying Agent (including the Company acting
		as its own Paying Agent) as the Trustee may determine, to the Holders of
		Securities of such series, of all sums due and to become due thereon in respect
		of principal and any premium and interest, but money so held in trust need not
		be segregated from other funds except to the extent required by law.
	 

	 
		The Company and the Subsidiary Guarantors
		(on a joint and several basis) shall pay and indemnify the Trustee against any
		tax, fee or other charge imposed on or assessed against the U.S. Government
		Obligations deposited pursuant to Section 14.04 or the principal and interest
		received in respect thereof other than any such tax, fee or other charge that
		by law is for the account of the Holders of Outstanding Securities.
	 

	 
		Anything in this Article XIV to the contrary
		notwithstanding, the Trustee shall deliver or pay to the Company from time to
		time upon Company Request any money or U.S. Government Obligations held by it
		as provided in Section 14.04 with respect to Securities of any Defeasible
		Series that, in the opinion of a nationally recognized firm of independent
		public accountants expressed in a written certification thereof delivered to
		the Trustee, are in excess of the amount thereof that would then be required to
		be deposited to effect an equivalent Defeasance or Covenant Defeasance with
		respect to the Securities of such series.
	 

	 
		Section 14.06
		Reinstatement. If the Trustee or the Paying Agent is unable to apply
		any money in accordance with this Article XIV with respect to the Securities of
		any series by reason of any order or judgment of any court or governmental
		authority enjoining, restraining or otherwise prohibiting such application,
		then the Company’s obligations under this Indenture and the Securities of
		such series and such Subsidiary Guarantor’s obligation under its
		Subsidiary Guarantee and this Indenture shall be revived and reinstated as
		though no deposit had occurred pursuant to this Article XIV with respect to
		Securities of such series until such time as the Trustee or Paying Agent is
		permitted to apply all money held in trust pursuant to Section 14.05 with
		respect to Securities of such series in accordance with this Article XIV;
		provided, however, that if
		the Company or a Subsidiary Guarantor makes any payment of principal of or any
		premium or interest on any Security of such series following the reinstatement
		of its obligations, the Company or the Subsidiary Guarantor, as the case may
		be, shall be subrogated to the rights of the Holders of Securities of such
		series to receive such payment from the money so held in trust.
	 

	 
		ARTICLE
		XV
	 

	 
		 
	 

	 
		CONVERSION OF SECURITIES
	 

	 
		Section 15.01
		Applicability; Conversion Privilege and
		Conversion Price. Securities of any
		series which are convertible into Common Stock of the Company shall be
		convertible in 
	 

	 
		 
	 

	 
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		accordance with their terms and (except as
		otherwise specified as contemplated by Section 3.01 for Securities of any
		series) in accordance with this Article.
	 

	 
		Subject to and upon compliance with the
		provisions of this Article, at the option of the Holder thereof, any Security
		or any portion of the outstanding principal amount thereof which is $1,000 or
		an integral multiple of $1,000 may be converted at the principal amount
		thereof, or of such portion thereof, into fully paid and nonassessable shares
		(calculated as to each conversion to the nearest 1/100 of a share) of Common
		Stock of the Company at the conversion price, determined as hereinafter
		provided, in effect at the time of conversion. Such conversion right shall
		expire at the close of business on the date specified for Securities of such
		series. In case a Security or portion thereof is called for redemption at the
		election of the Company, such conversion right in respect of the Security or
		portion so called shall expire at the close of business on the 10th calendar
		day before the Redemption Date, unless the Company defaults in making the
		payment due upon redemption.
	 

	 
		The price at which shares of Common Stock
		shall be delivered upon conversion (herein called the “conversion
		price”) shall be the price specified in relation to Securities of such
		series pursuant to Section 3.01, as it shall be adjusted in certain instances
		as provided in this Article.
	 

	 
		Section 15.02
		Exercise of Conversion
		Price. In order to exercise the
		conversion privilege, the Holder of any Security to be converted shall
		surrender such Security, duly endorsed or assigned to the Company or in blank,
		at any office or agency of the Company maintained for that purpose pursuant to
		Section 10.02, accompanied by written notice to the Company (which shall be
		substantially in the form set forth in Section 2.03) at such office or agency
		that the Holder elects to convert such Security or, if less than the entire
		principal amount thereof is to be converted, the portion thereof to be
		converted. Securities surrendered for conversion during the period from the
		close of business on any Regular Record Date next preceding any Interest
		Payment Date to the opening of business on such Interest Payment Date shall
		(except in the case of Securities or portions thereof which have been called
		for redemption on a Redemption Date within such period) be accompanied by
		payment in funds acceptable to the Company of an amount equal to the interest
		payable on such Interest Payment Date on the principal amount of Securities
		being surrendered for conversion. Subject to the provisions of Section 3.07
		relating to the payment of Defaulted Interest by the Company, the interest
		payment with respect to a Security called for redemption on a Redemption Date
		during the period from the close of business on any Regular Record Date next
		preceding any Interest Payment Date to the opening of business on such Interest
		Payment Date shall be payable on such Interest Payment Date to the Holder of
		such Security at the close of business on such Regular Record Date
		notwithstanding the conversion of such Security after such Regular Record Date
		and prior to such Interest Payment Date, and the Holder converting such
		Security need not include a payment of such interest payment amount upon
		surrender of such Security for conversion. Except as provided in the preceding
		sentence and subject to the final paragraph of Section 3.07, no payment or
		adjustment shall be made upon any conversion on account of any interest accrued
		on the Securities surrendered for conversion or on account of any dividends on
		the Common Stock issued upon conversion.
	 

	 
		Securities shall be deemed to have been
		converted immediately prior to the close of business on the day of surrender of
		such Securities for conversion in accordance with the 
	 

	 
		 
	 

	 
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		foregoing provisions, and at such time the
		rights of the Holders of such Securities as Holders shall cease, and the Person
		or Persons entitled to receive the Common Stock issuable upon conversion shall
		be treated for all purposes as the record holder or holders of such Common
		Stock at such time. As promptly as practicable on or after the conversion date,
		the Company shall issue and shall deliver at such office or agency a
		certificate or certificates for the number of full shares of Common Stock
		issuable upon conversion, together with payment in lieu of any fraction of a
		share, as provided in Section 15.03.
	 

	 
		Section 15.03
		Fractions of Shares. No fractional shares of Common Stock shall be issued
		upon conversion of Securities. If more than one Security shall be surrendered
		for conversion at one time by the same Holder, the number of full shares which
		shall be issuable upon conversion thereof shall be computed on the basis of the
		aggregate principal amount of the Securities (or specified portions thereof) so
		surrendered. Instead of any fractional share of Common Stock which would
		otherwise be issuable upon conversion of any Security or Securities (or
		specified portions thereof), the Company shall pay a cash adjustment in respect
		of such fraction in an amount equal to the same fraction of the daily closing
		price per share of Common Stock (consistent with Section 15.04(6) below) at the
		close of business on the day of conversion.
	 

	 
		Section 15.04
		Adjustment of Conversion
		Price.
	 

	 
		(1) In case the Company shall pay or make a
		dividend or other distribution on any class of capital stock of the Company in
		Common Stock, the conversion price in effect at the opening of business on the
		day following the date fixed for determination of stockholders entitled to
		receive such dividend or other distribution shall be reduced by multiplying
		such conversion price by a fraction of which the numerator shall be the number
		of shares of Common Stock outstanding at the close of business on the date
		fixed for such determination and the denominator shall be the sum of such
		number of shares and the total number of shares constituting such dividend or
		other distribution, such reduction to become effective immediately after the
		opening of business on the day following the date fixed for such determination.
		For the purposes of this paragraph (1), the number of shares of Common Stock at
		any time outstanding shall not include shares held in the treasury of the
		Company but shall include shares issuable in respect of scrip certificates
		issued in lieu of fractions of shares of Common Stock. The Company will not pay
		any dividend or make any distribution on shares of Common Stock held in the
		treasury of the Company.
	 

	 
		(2) In case the Company shall issue rights
		or warrants to all holders of its Common Stock entitling them to subscribe for
		or purchase shares of Common Stock at a price per share less than the current
		market price per share (determined as provided in paragraph (6) of this
		Section) of the Common Stock on the date fixed for the determination of
		stockholders entitled to receive such rights or warrants (other than pursuant
		to a dividend reinvestment plan), the conversion price in effect at the opening
		of business on the day following the date fixed for such determination shall be
		reduced by multiplying such conversion price by a fraction of which the
		numerator shall be the number of shares of Common Stock outstanding at the
		close of business on the date fixed for such determination plus the number of
		shares of Common Stock which the aggregate of the offering price of the total
		number of shares of Common Stock so offered for subscription or purchase would
		purchase at such current market price and the 
	 

	 
		 
	 

	 
		69
	 

	 
		 
	 

	 
	 

	 

	 
		denominator shall be the number of shares of
		Common Stock outstanding at the close of business on the date fixed for such
		determination plus the number of shares of Common Stock so offered for
		subscription or purchase, such reduction to become effective immediately after
		the opening of business on the day following the date fixed for such
		determination. For the purposes of this paragraph (2), the number of shares of
		Common Stock at any time outstanding shall not include shares held in the
		treasury of the Company but shall include shares issuable in respect of scrip
		certificates issued in lieu of fractions of shares of Common Stock. The Company
		will not issue any rights or warrants in respect of shares of Common Stock held
		in the treasury of the Company.
	 

	 
		(3) In case outstanding shares of Common
		Stock shall be subdivided into a greater number of shares of Common Stock, the
		conversion price in effect at the opening of business on the day following the
		day upon which such subdivision becomes effective shall be proportionately
		reduced, and, conversely, in case outstanding shares of Common Stock shall each
		be combined into a smaller number of shares of Common Stock, the conversion
		price in effect at the opening of business on the day following the day upon
		which such combination becomes effective shall be proportionately increased,
		such reduction or increase, as the case may be, to become effective immediately
		after the opening of business on the day following the day upon which such
		subdivision or combination becomes effective.
	 

	 
		(4) In case the Company shall, by dividend
		or otherwise, distribute to all holders of its Common Stock evidences of its
		indebtedness or assets (including securities, but excluding any rights or
		warrants referred to in paragraph (2) of this Section, any dividend or
		distribution paid in cash out of the earned surplus of the Company and any
		dividend or distribution referred to in paragraph (1) of this Section), the
		conversion price shall be adjusted so that the same shall equal the price
		determined by multiplying the conversion price in effect immediately prior to
		the close of business on the date fixed for the determination of stockholders
		entitled to receive such distribution by a fraction of which the numerator
		shall be the current market price per share (determined as provided in
		paragraph (6) of this Section) of the Common Stock on the date fixed for such
		determination less the then fair market value (as determined by the Board of
		Directors, whose determination shall be conclusive and described in a Board
		Resolution filed with the Trustee) of the portion of the assets or evidences of
		indebtedness so distributed applicable to one share of Common Stock and the
		denominator shall be such current market price per share of the Common Stock,
		such adjustment to become effective immediately prior to the opening of
		business on the day following the date fixed for the determination of
		stockholders entitled to receive such distribution.
	 

	 
		(5) The reclassification of Common Stock
		into securities other than Common Stock (other than any reclassification upon a
		consolidation or merger to which Section 15.11 applies) shall be deemed to
		involve (a) a distribution of such securities other than Common Stock to all
		holders of Common Stock (and the effective date of such reclassification shall
		be deemed to be “the date fixed for the determination of stockholders
		entitled to receive such distribution” and “the date fixed for such
		determination” within the meaning of paragraph (4) of this Section), and
		(b) a subdivision or combination, as the case may be, of the number of shares
		of Common Stock outstanding immediately prior to such reclassification into the
		number of shares of Common Stock outstanding immediately thereafter (and the
		effective date of such reclassification shall be deemed to be “the day
		upon which such subdivision becomes effective” 
	 

	 
		 
	 

	 
		70
	 

	 
		 
	 

	 
	 

	 

	 
		or “the day upon which such combination
		becomes effective”, as the case may be, and “the day upon which such
		subdivision or combination becomes effective” within the meaning of
		paragraph (3) of this Section).
	 

	 
		(6) For the purpose of any computation under
		paragraphs (2) and (4) of this Section, the current market price per share of
		Common Stock on any day shall be deemed to be the average of the daily closing
		prices for the five consecutive trading days ( i.e ., Business
		Days on which the Common Stock is traded) selected by the Board of Directors
		commencing not more than 20 trading days before, and ending not later than, the
		earlier of the day in question and the day before the “ex” date with
		respect to the issuance or distribution requiring such computation. For this
		purpose, the term “ex” date”, when used with respect to any
		issuance or distribution, shall mean the first date on which the Common Stock
		trades regular way on the applicable exchange or in the applicable market
		without the right to receive such issuance or distribution. The closing price
		for each day shall be the reported last sale price regular way or, in case no
		such reported sale takes place on such day, the average of the reported closing
		bid and asked prices regular way, in either case on the Nasdaq Stock Market or,
		if the Common Stock is not listed or admitted to trading on such Exchange, on
		the principal national securities exchange on which the Common Stock is listed
		or admitted to trading or, if not listed or admitted to trading on any national
		securities exchange, on the New York Stock Exchange or, if the Common Stock is
		not listed or admitted to trading on any national securities exchange or quoted
		on the New York Stock Exchange, the average of the closing bid and asked prices
		in the over-the-counter market as furnished by any Nasdaq Stock Market member
		firm selected from time to time by the Board of Directors for that
		purpose.
	 

	 
		(7) The Company may make such reductions in
		the conversion price, in addition to those required by paragraphs (1), (2), (3)
		and (4) of this Section, as it considers to be advisable in order to avoid or
		diminish any income tax to any holders of shares of Common Stock resulting from
		any dividend or distribution of stock or issuance of rights or warrants to
		purchase or subscribe for stock or from any event treated as such for income
		tax purposes or for any other reasons. The Company shall have the power to
		resolve any ambiguity or correct any error pursuant to this paragraph (7) and
		its actions in so doing shall be final and conclusive.
	 

	 
		(8) No adjustment in the conversion price
		shall be required unless such adjustment would require an increase or decrease
		of at least one percent in such conversion price; provided,
		however, that any adjustment which by reason of this paragraph
		(8) is not required to be made shall be carried forward and taken into account
		in any subsequent adjustment. All calculations under this Article shall be made
		to the nearest cent or to the nearest 1/100 of a share, as the case may
		be.
	 

	 
		Section 15.05
		Notice of Adjustments of Conversion
		Price.
	 

	 
		Whenever the conversion price is adjusted as
		herein provided:
	 

	 
		(a) the Company shall compute the adjusted
		conversion price in accordance with Section 15.04 and shall prepare a
		certificate signed by the Treasurer or other appropriate officer of the Company
		setting forth the adjusted conversion price and showing in reasonable detail
		the facts upon which such adjustment is based, and such certificate shall
		forthwith be filed 
	 

	 
		 
	 

	 
		71
	 

	 
		 
	 

	 
	 

	 

	 
		at each office or agency maintained for the
		purpose of conversion of Securities pursuant to Section 10.02; and
	 

	 
		(b) a notice stating that the conversion
		price has been adjusted and setting forth the adjusted conversion price shall
		forthwith be required, and as soon as practicable after it is required, such
		notice shall be delivered electronically or mailed by the Company to all
		Holders at their last addresses as they shall appear in the Security
		Register.
	 

	 
		Section 15.06
		Notice of Certain Corporate
		Action.
	 

	 
		In case:
	 

	 
		(a) the Company shall declare a dividend (or
		any other distribution) on its Common Stock payable otherwise than in cash out
		of its earned surplus; or
	 

	 
		(b) the Company shall authorize the granting
		to the holders of its Common Stock of rights or warrants to subscribe for or
		purchase any shares of capital stock of any class or of any other rights;
		or
	 

	 
		(c) of any reclassification of the Common
		Stock of the Company (other than a subdivision or combination of its
		outstanding shares of Common Stock), or of any consolidation, merger or share
		exchange to which the Company is a party and for which approval of any
		stockholders of the Company is required, or of the sale or transfer of all or
		substantially all of the assets of the Company; or
	 

	 
		(d) of the voluntary or involuntary
		dissolution, liquidation or winding up of the Company;
	 

	 
		then the Company shall cause to be filed at
		each office or agency maintained for the purpose of conversion of Securities
		pursuant to Section 10.02, and shall cause to be mailed to all Holders at their
		last addresses as they shall appear in the Security Register, at least 20 days
		(or 10 days in any case specified in clause (a) or (b) above) prior to the
		applicable record or effective date hereinafter specified, a notice stating (x)
		the date on which a record is to be taken for the purpose of such dividend,
		distribution, rights or warrants, or, if a record is not to be taken, the date
		as of which the holders of Common Stock of record to be entitled to such
		dividend, distribution, rights or warrants are to be determined, or (y) the
		date on which such reclassification, consolidation, merger, share exchange,
		sale, transfer, dissolution, liquidation or winding up is expected to become
		effective, and the date as of which it is expected that holders of Common Stock
		of record shall be entitled to exchange their shares of Common Stock for
		securities, cash or other property deliverable upon such reclassification,
		consolidation, merger, share exchange, sale, transfer, dissolution, liquidation
		or winding up. Neither the failure to give such notice nor any defect therein
		shall affect the legality or validity of the proceedings described in clauses
		(a) through (d) of this Section 15.06. If at the time the Trustee shall not be
		the conversion agent, a copy of such notice shall also forthwith be filed by
		the Company with the Trustee.
	 

	 
		Not less than seven days prior to any date
		fixed for the determination of stockholders entitled to receive such
		distribution, the Company shall cause to be filed at each office or agency
		maintained for the purpose of conversion of Securities pursuant to Section
		10.02, and shall cause 
	 

	 
		 
	 

	 
		72
	 

	 
		 
	 

	 
	 

	 

	 
		to be mailed to all Holders at their last
		addresses as they shall appear in the Security Register, a notice stating the
		date on which such determination is to be made, and briefly describing the
		import thereof. If at the time the Trustee shall not be the conversion agent, a
		copy of such notice shall also forthwith be filed by the Company with the
		Trustee.
	 

	 
		Section 15.07
		Company to Reserve Common
		Stock. The Company shall at all times
		reserve and keep available out of its authorized but unissued Common Stock, for
		the purpose of effecting the conversion of Securities, the full number of
		shares of Common Stock then issuable upon the conversion of all Outstanding
		Securities.
	 

	 
		Section 15.08
		Taxes on Conversions. The Company will pay any and all taxes that may be
		payable in respect of the issue or delivery of shares of Common Stock on
		conversion of Securities pursuant hereto. The Company shall not, however, be
		required to pay any tax which may be payable in respect of any transfer
		involved in the issue and delivery of shares of Common Stock in a name other
		than that of the Holder of the Security or Securities to be converted, and no
		such issue or delivery shall be made unless and until the Person requesting
		such issue has paid to the Company the amount of any such tax, or has
		established to the satisfaction of the Company that such tax has been
		paid.
	 

	 
		Section 15.09
		Covenant as to Common
		Stock. The Company covenants that all
		shares of Common Stock which may be issued upon conversion of Securities will
		upon issue be fully paid and nonassessable and, except as provided in Section
		15.08, the Company will pay all taxes, liens and charges with respect to the
		issue thereof.
	 

	 
		Section 15.10
		Cancellation of Converted
		Securities.
	 

	 
		All Securities delivered for conversion
		shall be delivered to the Trustee to be cancelled by or at the direction of the
		Trustee, which shall dispose of the same as provided in Section 3.09.
	 

	 
		Section 15.11
		Provisions in Case of Consolidation,
		Merger or Sale of Assets. In case of
		any consolidation of the Company with, or merger of the Company into, any other
		Person, any merger of another Person into the Company (other than a merger
		which does not result in any reclassification, conversion, exchange or
		cancellation of outstanding shares of Common Stock of the Company) or any sale
		or transfer of all or substantially all of the assets of the Company, the
		Person formed by such consolidation or resulting from such merger or which
		acquires such assets, as the case may be, shall execute and deliver to the
		Trustee a supplemental indenture providing that the Holder of each convertible
		Security then outstanding shall have the right thereafter, during the period
		such Security shall be convertible as specified in Section 15.01, to convert
		such Security only into the kind and amount of securities, cash and other
		property receivable upon such consolidation, merger, sale or transfer by a
		holder of the number of shares of Common Stock of the Company into which such
		Security might have been converted immediately prior to such consolidation,
		merger, sale or transfer, assuming such holder of Common Stock of the Company
		failed to exercise his rights of election, if any, as to the kind or amount of
		securities, cash and other property receivable upon such consolidation, merger,
		sale or transfer (provided that if the kind or amount of securities, cash and
		other property receivable upon such consolidation, merger, sale or transfer is
		not the same for each share of Common Stock of the Company in respect of which
		such rights of election shall not have been exercised 
	 

	 
		 
	 

	 
		73
	 

	 
		 
	 

	 
	 

	 

	 
		(“non-electing share”), then for
		the purpose of this Section the kind and amount of securities, cash and other
		property receivable upon such consolidation, merger, sale or transfer by each
		non-electing share shall be deemed to be the kind and amount so receivable per
		share by a plurality of the non-electing shares). Such supplemental indenture
		shall provide for adjustments which, for events subsequent to the effective
		date of such supplemental indenture, shall be as nearly equivalent as may be
		practicable to the adjustments provided for in this Article. The above
		provisions of this Section shall similarly apply to successive consolidations,
		mergers, sales or transfers.
	 

	 
		Section 15.12
		Responsibility of
		Trustee. Neither the Trustee nor any
		conversion agent shall at any time be under any duty or responsibility to any
		Holder of Securities to determine whether any fact exists which may require any
		adjustment of the conversion price, or with respect to the nature or extent of
		any such adjustment when made, or with respect to the method employed, or
		herein or in any supplemental indenture provided to be employed, in making the
		same. Neither the Trustee nor any conversion agent shall be accountable with
		respect to the registration, validity or value (or the kind or amount) of any
		shares of Common Stock, or of any securities or property, which may at any time
		be issued or delivered upon the conversion of any Security; and neither the
		Trustee nor any conversion agent makes any representation with respect thereto.
		Neither the Trustee nor any conversion agent shall be responsible for any
		failure of the Company to issue or transfer or deliver any Common Stock or
		stock certificates or other securities or property or to make any cash payment
		upon the surrender of any Security for the purpose of conversion or to comply
		with any of the covenants of the Company contained in this Article XV.
	 

	 
		The Trustee makes no representations as to
		the validity or sufficiency of this Indenture; the recitals and statements
		herein are deemed to be those of the Company and not of the Trustee.
	 

	 
		This instrument may be executed in any
		number of counterparts, each of which so executed shall be deemed to be an
		original, but all such counterparts shall together constitute but one and the
		same instrument.
	 

	 
		(Signature Pages to Follow)
	 

	 
		 
	 

	 
		74
	 

	 
		 
	 

	 
	 

	 

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

	 
		 
	 

	 
			
				
				   
				

			 	
				
				   
				

			 	
				
				  STEALTHGAS INC.
				

			 
	
				
				

			 	
				
				   
				

			 	
				
				  
 By: 
				

			 	
				
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Name:

				  Title:
				

			 

 

	 
		 
	 

	 
			
				
				   
				

			 	
				
				   
				

			 	
				
				  Guarantors:
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				  ACCESS CONSULTANTS CO.
				

			 
	
				
				

			 	
				
				   
				

			 	
				
				  
 By: 
				

			 	
				
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Name:

				  Title:
				

			 

 

	 
		 
	 

	 
			
				
				   
				

			 	
				
				   
				

			 	
				
				  ALEXIS SHIPHOLDING S.A.
				

			 
	
				
				

			 	
				
				   
				

			 	
				
				  
 By: 
				

			 	
				
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Name:

				  Title:
				

			 

 

	 
		 
	 

	 
			
				
				   
				

			 	
				
				   
				

			 	
				
				  ARACRUZ TRADING LTD.
				

			 
	
				
				

			 	
				
				   
				

			 	
				
				  
 By: 
				

			 	
				
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Name:

				  Title:
				

			 

 

	 
		 
	 

	 
			
				
				   
				

			 	
				
				   
				

			 	
				
				  ATLAS INVESTMENTS S.A.
				

			 
	
				
				

			 	
				
				   
				

			 	
				
				  
 By: 
				

			 	
				
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Name:

				  Title:
				

			 

 

	 
		 
	 

	 
		 
	 

	 
	 

	 

	 
		 
	 

	 
			
				
				   
				

			 	
				
				   
				

			 	
				
				  AUBINE SERVICES LTD.
				

			 
	
				
				

			 	
				
				   
				

			 	
				
				  
 By: 
				

			 	
				
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Name:

				  Title:
				

			 

 

	 
		 
	 

	 
			
				
				   
				

			 	
				
				   
				

			 	
				
				  BALCAN PROFIT LIMITED
				

			 
	
				
				

			 	
				
				   
				

			 	
				
				  
 By: 
				

			 	
				
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Name:

				  Title:
				

			 

 

	 
		 
	 

	 
			
				
				   
				

			 	
				
				   
				

			 	
				
				  BALKAN HOLDING INC.
				

			 
	
				
				

			 	
				
				   
				

			 	
				
				  
 By: 
				

			 	
				
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Name:

				  Title:
				

			 

 

	 
		 
	 

	 
			
				
				   
				

			 	
				
				   
				

			 	
				
				  BARONESS HOLDINGS INC.
				

			 
	
				
				

			 	
				
				   
				

			 	
				
				  
 By: 
				

			 	
				
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Name:

				  Title:
				

			 

 

	 
		 
	 

	 
			
				
				   
				

			 	
				
				   
				

			 	
				
				  CEDRIC FINANCE INC.
				

			 
	
				
				

			 	
				
				   
				

			 	
				
				  
 By: 
				

			 	
				
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Name:

				  Title:
				

			 

 

	 
		 
	 

	 
			
				
				   
				

			 	
				
				   
				

			 	
				
				  CELIDON INVESTMENTS INC.
				

			 
	
				
				

			 	
				
				   
				

			 	
				
				  
 By: 
				

			 	
				
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Name:

				  Title:
				

			 

 

	 
		 
	 

	 
		 
	 

	 
	 

	 

	 
		 
	 

	 
			
				
				   
				

			 	
				
				   
				

			 	
				
				  CONTINENT GAS INC.
				

			 
	
				
				

			 	
				
				   
				

			 	
				
				  
 By: 
				

			 	
				
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Name:

				  Title:
				

			 

 

	 
		 
	 

	 
			
				
				   
				

			 	
				
				   
				

			 	
				
				  DELORA TRADING COMPANY
				

			 
	
				
				

			 	
				
				   
				

			 	
				
				  
 By: 
				

			 	
				
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Name:

				  Title:
				

			 

 

	 
		 
	 

	 
			
				
				   
				

			 	
				
				   
				

			 	
				
				  DREW INTERNATIONAL INC.
				

			 
	
				
				

			 	
				
				   
				

			 	
				
				  
 By: 
				

			 	
				
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Name:

				  Title:
				

			 

 

	 
		 
	 

	 
			
				
				   
				

			 	
				
				   
				

			 	
				
				  EAST PROPANE INC.
				

			 
	
				
				

			 	
				
				   
				

			 	
				
				  
 By: 
				

			 	
				
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Name:

				  Title:
				

			 

 

	 
		 
	 

	 
			
				
				   
				

			 	
				
				   
				

			 	
				
				  EMPIRE SPIRIT LTD.
				

			 
	
				
				

			 	
				
				   
				

			 	
				
				  
 By: 
				

			 	
				
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Name:

				  Title:
				

			 

 

	 
		 
	 

	 
			
				
				   
				

			 	
				
				   
				

			 	
				
				  ENERGETIC PENINSULA LIMITED
				

			 
	
				
				

			 	
				
				   
				

			 	
				
				  
 By: 
				

			 	
				
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Name:

				  Title:
				

			 

 

	 
		 
	 

	 
		 
	 

	 
	 

	 

	 
		 
	 

	 
			
				
				   
				

			 	
				
				   
				

			 	
				
				  EVOLUTION CRUDE INC.
				

			 
	
				
				

			 	
				
				   
				

			 	
				
				  
 By: 
				

			 	
				
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Name:

				  Title:
				

			 

 

	 
		 
	 

	 
			
				
				   
				

			 	
				
				   
				

			 	
				
				  FAIRDEAL ENTERPRISES CORP.
				

			 
	
				
				

			 	
				
				   
				

			 	
				
				  
 By: 
				

			 	
				
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Name:

				  Title:
				

			 

 

	 
		 
	 

	 
			
				
				   
				

			 	
				
				   
				

			 	
				
				  FLOYD PROPERTIES CO.
				

			 
	
				
				

			 	
				
				   
				

			 	
				
				  
 By: 
				

			 	
				
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Name:

				  Title:
				

			 

 

	 
		 
	 

	 
			
				
				   
				

			 	
				
				   
				

			 	
				
				  GAZ DE BRAZIL INC.
				

			 
	
				
				

			 	
				
				   
				

			 	
				
				  
 By: 
				

			 	
				
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Name:

				  Title:
				

			 

 

	 
		 
	 

	 
			
				
				   
				

			 	
				
				   
				

			 	
				
				  GENEVE BUTANE INC.
				

			 
	
				
				

			 	
				
				   
				

			 	
				
				  
 By: 
				

			 	
				
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Name:

				  Title:
				

			 

 

	 
		 
	 

	 
			
				
				   
				

			 	
				
				   
				

			 	
				
				  GRAZIA MARITIME LTD.
				

			 
	
				
				

			 	
				
				   
				

			 	
				
				  
 By: 
				

			 	
				
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Name:

				  Title:
				

			 

 

	 
		 
	 

	 
	 

	 

	 
		 
	 

	 
			
				
				   
				

			 	
				
				   
				

			 	
				
				  HEATHER TRADING S.A.
				

			 
	
				
				

			 	
				
				   
				

			 	
				
				  
 By: 
				

			 	
				
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Name:

				  Title:
				

			 

 

	 
		 
	 

	 
			
				
				   
				

			 	
				
				   
				

			 	
				
				  ICELAND LIMITED
				

			 
	
				
				

			 	
				
				   
				

			 	
				
				  
 By: 
				

			 	
				
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Name:

				  Title:
				

			 

 

	 
		 
	 

	 
			
				
				   
				

			 	
				
				   
				

			 	
				
				  INDEPENDENT TRADER LTD.
				

			 
	
				
				

			 	
				
				   
				

			 	
				
				  
 By: 
				

			 	
				
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Name:

				  Title:
				

			 

 

	 
		 
	 

	 
			
				
				   
				

			 	
				
				   
				

			 	
				
				  INTERNATIONAL GASES INC.
				

			 
	
				
				

			 	
				
				   
				

			 	
				
				  
 By: 
				

			 	
				
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Name:

				  Title:
				

			 

 

	 
		 
	 

	 
			
				
				   
				

			 	
				
				   
				

			 	
				
				  INDUSTRIAL MATERIALS INC.
				

			 
	
				
				

			 	
				
				   
				

			 	
				
				  
 By: 
				

			 	
				
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Name:

				  Title:
				

			 

 

	 
		 
	 

	 
			
				
				   
				

			 	
				
				   
				

			 	
				
				  JUNGLE INVESTMENT LIMITED
				

			 
	
				
				

			 	
				
				   
				

			 	
				
				  
 By: 
				

			 	
				
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Name:

				  Title:
				

			 

 

	 
		 
	 

	 
	 

	 

	 
		 
	 

	 
			
				
				   
				

			 	
				
				   
				

			 	
				
				  KALINDA SHIPMANAGEMENT LTD.
				

			 
	
				
				

			 	
				
				   
				

			 	
				
				  
 By: 
				

			 	
				
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Name:

				  Title:
				

			 

 

	 
		 
	 

	 
			
				
				   
				

			 	
				
				   
				

			 	
				
				  LEADER INVESTMENTS INC.
				

			 
	
				
				

			 	
				
				   
				

			 	
				
				  
 By: 
				

			 	
				
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Name:

				  Title:
				

			 

 

	 
		 
	 

	 
			
				
				   
				

			 	
				
				   
				

			 	
				
				  LPGONE LTD.
				

			 
	
				
				

			 	
				
				   
				

			 	
				
				  
 By: 
				

			 	
				
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Name:

				  Title:
				

			 

 

	 
		 
	 

	 
			
				
				   
				

			 	
				
				   
				

			 	
				
				  LYONET HOLDINGS CORP.
				

			 
	
				
				

			 	
				
				   
				

			 	
				
				  
 By: 
				

			 	
				
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Name:

				  Title:
				

			 

 

	 
		 
	 

	 
			
				
				   
				

			 	
				
				   
				

			 	
				
				  MATRIX GAS TRADING LTD.
				

			 
	
				
				

			 	
				
				   
				

			 	
				
				  
 By: 
				

			 	
				
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Name:

				  Title:
				

			 

 

	 
		 
	 

	 
			
				
				   
				

			 	
				
				   
				

			 	
				
				  MELVYN SERVICES COMPANY
				

			 
	
				
				

			 	
				
				   
				

			 	
				
				  
 By: 
				

			 	
				
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Name:

				  Title:
				

			 

 

	 
		 
	 

	 
	 

	 

	 
		 
	 

	 
			
				
				   
				

			 	
				
				   
				

			 	
				
				  NEUTRON MARINE CORP.
				

			 
	
				
				

			 	
				
				   
				

			 	
				
				  
 By: 
				

			 	
				
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Name:

				  Title:
				

			 

 

	 
		 
	 

	 
			
				
				   
				

			 	
				
				   
				

			 	
				
				  NORTHERN YIELD SHIPPING
				  LIMITED
				

			 
	
				
				

			 	
				
				   
				

			 	
				
				  
 By: 
				

			 	
				
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Name:

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				  OCEAN BLUE LIMITED
				

			 
	
				
				

			 	
				
				   
				

			 	
				
				  
 By: 
				

			 	
				
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Name:

				  Title:
				

			 

 

	 
		 
	 

	 
			
				
				   
				

			 	
				
				   
				

			 	
				
				  OSWALD TRADING LIMITED
				

			 
	
				
				

			 	
				
				   
				

			 	
				
				  
 By: 
				

			 	
				
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Name:

				  Title:
				

			 

 

	 
		 
	 

	 
			
				
				   
				

			 	
				
				   
				

			 	
				
				  OXFORD GAS LTD.
				

			 
	
				
				

			 	
				
				   
				

			 	
				
				  
 By: 
				

			 	
				
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Name:

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				  PACIFIC GASES LTD.
				

			 
	
				
				

			 	
				
				   
				

			 	
				
				  
 By: 
				

			 	
				
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Name:

				  Title:
				

			 

 

	 
		 
	 

	 
	 

	 

	 
		 
	 

	 
			
				
				   
				

			 	
				
				   
				

			 	
				
				  PETCHEM TRADING INC.
				

			 
	
				
				

			 	
				
				   
				

			 	
				
				  
 By: 
				

			 	
				
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Name:

				  Title:
				

			 

 

	 
		 
	 

	 
			
				
				   
				

			 	
				
				   
				

			 	
				
				  QUINTA TRADING CO.
				

			 
	
				
				

			 	
				
				   
				

			 	
				
				  
 By: 
				

			 	
				
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Name:

				  Title:
				

			 

 

	 
		 
	 

	 
			
				
				   
				

			 	
				
				   
				

			 	
				
				  REINA PROPERTIES CORP.
				

			 
	
				
				

			 	
				
				   
				

			 	
				
				  
 By: 
				

			 	
				
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Name:

				  Title:
				

			 

 

	 
		 
	 

	 
			
				
				   
				

			 	
				
				   
				

			 	
				
				  SABRINA ENTERPRISES S.A.
				

			 
	
				
				

			 	
				
				   
				

			 	
				
				  
 By: 
				

			 	
				
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Name:

				  Title:
				

			 

 

	 
		 
	 

	 
			
				
				   
				

			 	
				
				   
				

			 	
				
				  SCOPE INTERNATIONAL INC.
				

			 
	
				
				

			 	
				
				   
				

			 	
				
				  
 By: 
				

			 	
				
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Name:

				  Title:
				

			 

 

	 
		 
	 

	 
			
				
				   
				

			 	
				
				   
				

			 	
				
				  SEMICHLAUS EXPORTS LTD.
				

			 
	
				
				

			 	
				
				   
				

			 	
				
				  
 By: 
				

			 	
				
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Name:

				  Title:
				

			 

 

	 
		 
	 

	 
	 

	 

	 
		 
	 

	 
			
				
				   
				

			 	
				
				   
				

			 	
				
				  SOLEIL TRUST INC.
				

			 
	
				
				

			 	
				
				   
				

			 	
				
				  
 By: 
				

			 	
				
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Name:

				  Title:
				

			 

 

	 
		 
	 

	 
			
				
				   
				

			 	
				
				   
				

			 	
				
				  SOMER SHIPMANAGEMENT S.A.
				

			 
	
				
				

			 	
				
				   
				

			 	
				
				  
 By: 
				

			 	
				
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Name:

				  Title:
				

			 

 

	 
		 
	 

	 
			
				
				   
				

			 	
				
				   
				

			 	
				
				  TRANSGALAXY INC.
				

			 
	
				
				

			 	
				
				   
				

			 	
				
				  
 By: 
				

			 	
				
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Name:

				  Title:
				

			 

 

	 
		 
	 

	 
			
				
				   
				

			 	
				
				   
				

			 	
				
				  TRIATHLON INC.
				

			 
	
				
				

			 	
				
				   
				

			 	
				
				  
 By: 
				

			 	
				
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Name:

				  Title:
				

			 

 

	 
		 
	 

	 
			
				
				   
				

			 	
				
				   
				

			 	
				
				  VCM TRADING LTD.
				

			 
	
				
				

			 	
				
				   
				

			 	
				
				  
 By: 
				

			 	
				
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Name:

				  Title:
				

			 

 

	 
		 
	 

	 
			
				
				   
				

			 	
				
				   
				

			 	
				
				  VENTSPILS GASES LTD.
				

			 
	
				
				

			 	
				
				   
				

			 	
				
				  
 By: 
				

			 	
				
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Name:

				  Title:
				

			 

 

	 
		 
	 

	 
	 

	 

	 
		 
	 

	 
			
				
				   
				

			 	
				
				   
				

			 	
				
				  Trustee:
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				  WELLS FARGO BANK, NATIONAL
				  ASSOCIATION, as trustee
				

			 
	
				
				

			 	
				
				   
				

			 	
				
				  
 By: 
				

			 	
				
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				  Name:

				  Title:
				

			 

 

	 
		 
	 

	 
		-i-

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00125-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00125-of-00352.parquet"}]]