Document:

EX-10.4

 Exhibit 10.4 

Execution Version 

WOODWARD INTERNATIONAL HOLDING B.V. 

AMENDMENT NO. 1 TO NOTE PURCHASE AGREEMENT 

As of May 31, 2018 
 To the Noteholders (as
defined below): 
 Ladies and Gentlemen: 
 Each
of Woodward International Holding B.V. (hereinafter, together with its successors and assigns, the “Company”) and Woodward, Inc. (hereinafter, together with its successors and assigns, the “Parent Guarantor”) agrees
with you as follows: 
  

	1.	PRELIMINARY STATEMENTS. 

  

	 	1.1.	Note Issuances, etc. 

 Pursuant to that certain Note Purchase
Agreement dated September 23, 2016 (as in effect immediately prior to giving effect to the Amendments (as defined below) provided for hereby, the “Existing Note Purchase Agreement”, and as amended by this Amendment Agreement
(as defined below) and as may be further amended, restated or otherwise modified from time to time, the “Note Purchase Agreement”) the Company issued and sold (a) Seventy-Seven Million Euros (€77,000,000) in aggregate
principal amount of its Series N Senior Notes due September 23, 2028 (as may be amended, restated, modified or replaced from time to time, together with any such notes issued in substitution therefor pursuant to Section 14 of the Note
Purchase Agreement, the “Series N Notes”), and (b) Forty-Three Million Euros (€43,000,000) in aggregate principal amount of its Series O Senior Notes due September 23, 2031 (as may be amended, restated, modified
or replaced from time to time, together with any such notes issued in substitution therefor pursuant to Section 14 of the Note Purchase Agreement, the “Series O Notes”, and the Series O Notes, together with the Series N Notes,
collectively, the “Notes”). The register for the registration and transfer of the Notes indicates that the parties named in Annex 1 (the “Noteholders”) to this Amendment No. 1 to Note Purchase Agreement (the
“Amendment Agreement”) are currently the holders of the entire outstanding principal amount of the Notes. 
  

	2.	DEFINED TERMS. 

 Capitalized terms used herein and not otherwise defined herein have the
meanings ascribed to them in the Existing Note Purchase Agreement. 
  

	3.	AMENDMENTS. 

 Each of the Company and the Parent Guarantor agrees and, subject to the
satisfaction of the conditions set forth in Section 6 of this Amendment Agreement, the Noteholders agree to the amendment of certain provisions of the Existing Note Purchase Agreement as provided for by Section 4 of this Amendment
Agreement (collectively, the “Amendments”). 

	4.	AMENDMENTS TO THE EXISTING NOTE PURCHASE AGREEMENT. 

 The Existing Note Purchase
Agreement is hereby and shall be amended in the manner specified in Exhibit A to this Amendment Agreement. 
  

	5.	REPRESENTATIONS AND WARRANTIES OF THE COMPANY. 

 To induce you to enter into this
Amendment Agreement and to consent to the Amendments, the Parent Guarantor and the Company jointly and severally represent and warrant as follows: 
  

	 	5.1.	Reaffirmation of Representations and Warranties. 

 All of the representations and
warranties contained in Section 5 of the Existing Note Purchase Agreement are correct with the same force and effect as if made by the Parent Guarantor and the Company on the date hereof except to the extent (a) that any of such
representations and warranties relate by their terms to a prior date, (b) otherwise disclosed in the periodic and current reports filed by the Parent Guarantor with the Securities and Exchange Commission since the Closing or set forth in the
Offering Memorandum relating to that certain Note Purchase Agreement, dated May 31, 2018, by and among the Parent Guarantor and the purchasers party thereto, a copy of which has been delivered to the Noteholders or (c) set forth on
Schedule 5.1 attached hereto. 
  

	 	5.2.	Organization, Power and Authority, etc. 

 Each of the Parent Guarantor and the Company
has all requisite corporate power and authority to enter into and perform its obligations under this Amendment Agreement. 
  

	 	5.3.	Legal Validity. 

 The execution and delivery of this Amendment Agreement by the Parent
Guarantor and the Company and compliance by each of the Parent Guarantor and the Company with its respective obligations hereunder and under the Note Purchase Agreement and the Notes: (a) are within its corporate powers; and (b) do not
violate or result in any breach of, constitute a default under, or result in the creation of any Lien upon any of its property under the provisions of: (i) its charter documents; (ii) any order, judgment, decree or ruling of any court,
arbitrator or Governmental Authority applicable to either to it or its property; or (iii) any agreement or instrument to which it is a party or by which it or any of its property may be bound or any statute or other rule or regulation of any
Governmental Authority applicable to it or its property. 
 This Amendment Agreement has been duly authorized by all necessary action on the
part of each of the Parent Guarantor and the Company, has been executed and delivered by a duly authorized officer of each of the Parent Guarantor and the Company, and constitutes a legal, valid and binding obligation of each of the Parent Guarantor
and the Company, enforceable against each of the Parent Guarantor and the Company in accordance with its terms, except as such enforceability may be limited by applicable bankruptcy, reorganization, arrangement, insolvency, moratorium, or other
similar laws affecting the enforceability of creditors’ rights generally and subject to general principles of equity (regardless of whether such enforceability is considered in a proceeding in equity or at law). 

 

	 	5.4.	No Defaults. 

 No event has occurred and no condition exists that: (a) would
constitute a Default or an Event of Default or (b) could reasonably be expected to have a Material Adverse Effect. 

  
 2 

	 	5.5.	Disclosure. 

 This Amendment Agreement and the documents, certificates or other writings
delivered to the Noteholders by or on behalf of the Parent Guarantor or the Company in connection therewith, taken as a whole, do not contain any untrue statement of a material fact or omit to state any material fact necessary to make the statements
therein not misleading in light of the circumstances under which they were made. There is no fact known to the Parent Guarantor or the Company that could reasonably be expected to have a Material Adverse Effect that has not been set forth herein or
in the other documents, certificates and other writings delivered to the Noteholders by or on behalf of the Parent Guarantor or the Company specifically for use in connection with the transactions contemplated by this Amendment Agreement. 

 

	6.	EFFECTIVENESS OF AMENDMENTS. 

 The Amendments shall become effective only upon the date
of the satisfaction in full of the following conditions precedent: 
  

	 	6.1.	Execution and Delivery of this Amendment Agreement. 

 The Parent Guarantor, the Company
and the Noteholders shall have executed and delivered this Amendment Agreement. 
  

	 	6.2.	Execution and Delivery of Guarantor Acknowledgement. 

 Each Subsidiary Guarantor shall
have executed and delivered the Guarantor Acknowledgement attached to this Amendment Agreement as Annex 2. 
  

	 	6.3.	Representations and Warranties True. 

 The representations and warranties set forth in
Section 5 shall be true and correct on such date in all respects. 
  

	 	6.4.	Authorization. 

 Each of the Parent Guarantor and the Company shall have authorized, by
all necessary action, the execution, delivery and performance of all documents, agreements and certificates in connection with this Amendment Agreement. 
  

	 	6.5.	Amendment to Series G, H, I, J, K and L Note Purchase Agreement. 

 Each of the
Noteholders shall have received, on or before the date hereof, a fully executed copy of the Amendment No. 1 to Note Purchase Agreement dated as of May 31, 2018, by and among the Parent Guarantor and the Noteholders (as defined therein)
party thereto with respect to that certain Note Purchase Agreement dated October 1, 2013 by and among the Parent Guarantor and the purchasers listed in Schedule A thereto, in form and substance reasonably satisfactory to the Noteholders, and
the conditions to the effectiveness thereof shall have been satisfied or waived. 
  

	 	6.6.	Amendment to Series M Note Purchase Agreement. 

 Each of the Noteholders shall have
received, on or before the date hereof, a fully executed copy of the Amendment No. 1 to Note Purchase Agreement dated as of May 31, 2018, by and among the Parent Guarantor and the Noteholders (as defined therein) party thereto with respect
to that certain Note 

  
 3 

 
Purchase Agreement dated September 23, 2016 by and among the Parent Guarantor and the purchasers listed in Schedule A thereto, in form and substance reasonably satisfactory to the
Noteholders, and the conditions to the effectiveness thereof shall have been satisfied or waived. 
  

	 	6.7.	Special Counsel Fees. 

 The Company shall have paid the reasonable fees and disbursements
of Noteholders’ special counsel in accordance with Section 7 below. 
  

	 	6.8.	Proceedings Satisfactory. 

 All proceedings taken in connection with this Amendment
Agreement and all documents and papers relating thereto shall be satisfactory to the Noteholders signatory hereto and their special counsel, and such Noteholders and their special counsel shall have received copies of such documents and papers as
they or their special counsel may reasonably request in connection herewith. 
  

	7.	EXPENSES. 

 Whether or not the Amendments become effective, the Company will promptly
(and in any event within thirty (30) days of receiving any statement or invoice therefor) pay all reasonable fees, expenses and costs of your special counsel, Morgan, Lewis & Bockius LLP, incurred in connection with the preparation,
negotiation and delivery of this Amendment Agreement and any other documents related thereto. Nothing in this Section shall limit the Company’s obligations pursuant to Section 16.1 of the Existing Note Purchase Agreement. 

 

	8.	MISCELLANEOUS. 

  

	 	8.1.	Part of Existing Note Purchase Agreement; Future References, etc. 

 This Amendment
Agreement shall be construed in connection with and as a part of the Note Purchase Agreement and, except as expressly amended by this Amendment Agreement, all terms, conditions and covenants contained in the Existing Note Purchase Agreement and the
Notes are hereby ratified and shall be and remain in full force and effect. Any and all notices, requests, certificates and other instruments executed and delivered after the execution and delivery of this Amendment Agreement may refer to the Note
Purchase Agreement without making specific reference to this Amendment Agreement, but nevertheless all such references shall include this Amendment Agreement unless the context otherwise requires. 

 

	 	8.2.	Counterparts, Facsimiles. 

 This Amendment Agreement may be executed
in any number of counterparts, each of which shall be an original but all of which together shall constitute one instrument. Each counterpart may consist of a number of copies hereof, each signed by less than all, but together signed by all, of the
parties hereto. Delivery of an executed signature page by facsimile or email (signed .pdf) transmission shall be effective as delivery of a manually signed counterpart of this Amendment Agreement. 

 

	 	8.3.	Governing Law. 

 THIS AMENDMENT AGREEMENT SHALL BE CONSTRUED AND
ENFORCED IN ACCORDANCE WITH, AND THE RIGHTS OF THE PARTIES SHALL BE GOVERNED BY, THE LAW OF THE STATE OF NEW YORK EXCLUDING CHOICE OF LAW PRINCIPLES OF THE LAW OF SUCH STATE THAT WOULD PERMIT THE APPLICATION OF THE LAWS OF A JURISDICTION OTHER THAN
SUCH STATE. 

  
 4 

	 	8.4.	Confirmation of Unconditional Guaranty. 

 The Parent Guarantor hereby confirms that the
Unconditional Guaranty remains in full force and effect after giving effect to this Amendment Agreement and the Amendments and continues to be the valid and binding obligation of the Parent Guarantor, enforceable against the Parent Guarantor in
accordance with its terms, subject to any applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the enforcement of creditor’s rights generally or by equitable principles including principles of commercial
reasonableness, good faith and fair dealing (whether enforceability is sought by proceedings in equity or at law). 
 [Remainder of
page intentionally left blank. Next page is signature page.] 

  
 5 

 If you are in agreement with the foregoing, please so indicate by signing the acceptance below on
the accompanying counterpart of this Amendment Agreement and returning it to the Company and the Parent Guarantor, whereupon it will become a binding agreement among you, the Company and the Parent Guarantor. 

 

			
	WOODWARD INTERNATIONAL HOLDING B.V.

 
			
		
	By:	 	/s/ Sean D. Morris

 
			
	Name:	 	Sean D. Morris
	Title:	 	Managing Director

  

			
	WOODWARD, INC.

 
			
		
	By:	 	/s/ Robert F. Weber, Jr.

 
			
	Name:	 	Robert F. Weber, Jr.
	Title:	 	 Vice Chairman, Chief Financial Officer
 and
Treasurer

  
 Signature Page to
Amendment No. 1 to Series N and O Note Purchase Agreement 

 The foregoing Amendment Agreement is hereby accepted as of the date first above written. By its
execution below, each of the undersigned represents that it is the owner of one or more of the Notes and is authorized to enter into this Amendment Agreement in respect thereof. 

METROPOLITAN LIFE INSURANCE COMPANY 
 By: MetLife
Investment Advisors, LLC, Its Investment Manager 

			
		
	By:	 	/s/ John A. Wills
	Name:	 	John A. Wills
	Title:	 	SVP/Managing Director

 BRIGHTHOUSE LIFE INSURANCE COMPANY 

(f/k/a Metlife Insurance Company USA) 
 By: MetLife
Investment Advisors, LLC, Its Investment Manager 

			
		
	By:	 	/s/ Frank O. Monfalcone
	Name:	 	Frank O. Monfalcone
	Title:	 	Managing Director

 METLIFE EUROPE D.A.C. 

(f/k/a Metlife Europe Limited) 
 By: MetLife Investment
Limited, LLC, Its Investment Manager 

			
		
	By:	 	/s/ Jason Rothenberg
	Name:	 	Jason Rothenberg
	Title:	 	Authorised Signatory

 [Signature Page to Amendment No. 1 to Series N and O Note Purchase Agreement] 

 NEW YORK LIFE INSURANCE COMPANY 

			
		
	By:	 	/s/ Sean Campbell
	Name:	 	Sean Campbell
	Title:	 	Corporate Vice President

 NEW YORK LIFE INSURANCE AND ANNUITY CORPORATION 

By: NYL Investors LLC, its Investment Manager 

			
		
	By:	 	/s/ Sean Campbell
	Name:	 	Sean Campbell
	Title:	 	Senior Director

 [Signature Page to Amendment No. 1 to Series N and O Note Purchase Agreement] 

 VOYA INSURANCE AND ANNUITY COMPANY 

VOYA RETIREMENT INSURANCE AND ANNUITY COMPANY 

RELIASTAR LIFE INSURANCE COMPANY 
 RELIASTAR LIFE
INSURANCE COMPANY OF NEW YORK 
 By: Voya Investment Management LLC, as Agent 

			
		
	By:	 	/s/ Joshua A. Winchester
	Name:	 	Joshua A. Winchester
	Title:	 	Vice President

 [Signature Page to Amendment No. 1 to Series N and O Note Purchase Agreement] 

 THE PRUDENTIAL INSURANCE COMPANY OF AMERICA 

			
		
	By:	 	/s/ David Levine
	Name:	 	David Levine
	Title:	 	Vice President

 PRUDENTIAL ANNUITIES LIFE ASSURANCE CORPORATION 

By: PGIM, Inc., as investment manager 

			
		
	By:	 	/s/ David Levine
	Name:	 	David Levine 
	Title:	 	Vice President

 [Signature Page to Amendment No. 1 to Series N and O Note Purchase Agreement] 

 UNITED OF OMAHA LIFE INSURANCE COMPANY 

			
		
	By:	 	/s/ Justin P. Kavan
	Name:	 	Justin P. Kavan
	Title:	 	Senior Vice President

 [Signature Page to Amendment No. 1 to Series N and O Note Purchase Agreement] 

 Schedule 5.1 

None. 

  
 Schedule 5.1-1 

 EXHIBIT A 

AMENDMENTS TO EXISTING NOTE PURCHASE AGREEMENT 

(a) Section 8.2 – Optional Prepayments of with Make-Whole Amount. Section 8.2 of the Existing Note Purchase Agreement is
hereby amended by deleting the word “of” from the heading of such Section. 
 (b) Section 8.5 – Prepayment Upon
Change of Control. Section 8.5 of the Existing Note Purchase Agreement is hereby amended by (i) in clause (d) thereof, deleting “, except as provided in paragraph (e) of this Section 8.3”,
(ii) deleting clause (e) thereof in its entirety, and (iii) relettering clause (f) thereof as clause (e) and deleting “or proposed date” in such clause. 

(c) Section 8.6 –Prepayment in Connection with an Asset Disposition. Clause (c) of Section 8.6 of the Existing Note
Purchase Agreement is hereby amended by replacing “Section 10.10” with “Section 10.3”. 
 (d) Section 10.7
– Minimum Consolidated Net Worth. Section 10.7 of the Existing Note Purchase Agreement is hereby amended and restated to read as follows: 

“10.7 Minimum Consolidated Net Worth. 

The Parent Guarantor will not permit its Consolidated Net Worth, as of the end of each fiscal quarter, to be less than the sum
of (a) $1,156,000,000 (the “Base Amount”) plus (b) the sum of fifty percent (50%) of Net Income (if positive) for each completed fiscal year beginning with the fiscal year ending September 30, 2018, plus
(c) fifty percent (50%) of the net cash proceeds received by the Parent Guarantor on or after May 31, 2018 from the issuance by the Parent Guarantor of any Capital Stock, other than shares of Capital Stock issued pursuant to employee
stock option or ownership plans; provided, that the effect of adjustments (up to the Maximum Adjustment Amount) in the accumulated other comprehensive earnings accounts of the Parent Guarantor and its Subsidiaries, shall in each case be excluded in
the calculation of Consolidated Net Worth for purposes of this Section 10.7. For purposes of this Section 10.7, “Maximum Adjustment Amount” means 10% of the lesser of (x) the Base Amount and (y) the applicable
Base Amount (as defined in the Revolving Facility) then in effect for purposes of the minimum consolidated net worth covenant set forth in the Revolving Facility.” 

(e) Section 10.8 – Maximum Leverage Ratio. Section 10.8 of the Existing Note Purchase Agreement is hereby amended and
restated to read as follows: 
 “10.8. Maximum Leverage Ratio. 

The Parent Guarantor and its consolidated Subsidiaries will not permit the ratio (the “Leverage Ratio”) of
(a) (x) at any time the numerator of the leverage ratio covenant set forth in each Applicable Major Credit Facility is Consolidated Total Net Debt, Consolidated Total Net Debt, or (y) at any other time, Net Indebtedness to (b) EBITDA
to be greater than (x) 4.0 to 1.0 during any Material Acquisition Period or (y) 3.5 to 1.0 at any other time. The Leverage Ratio will be calculated, in each case, determined as of the last day of each fiscal quarter of the Parent Guarantor
based upon (i) for Net Indebtedness or Consolidated Total Net Debt (as applicable), Net Indebtedness or Consolidated Total Net Debt (as applicable) as of the last day of such fiscal quarter; and (ii) for EBITDA, the actual amount for the
four (4) fiscal quarter period ending on such date.” 

  
 Exhibit A-1 

 (f) Section 10.9 – Priority Debt. Section 10.9 of the Existing Note
Purchase Agreement is hereby amended and restated to read as follows: 
 “10.9 Priority Debt. 

The Parent Guarantor will not at any time permit Priority Debt to exceed 15% of Consolidated Total Assets (determined as of the
then most recently ended fiscal quarter of the Parent Guarantor).” 
 (g) Section 10.10 – Subsidiary Debt. Clause
(g) of Section 10.10 of the Existing Note Purchase Agreement is hereby amended and restated to read as follows: 

“(g) additional Indebtedness of a Subsidiary; provided that on the date the Subsidiary incurs or otherwise becomes liable
with respect to any such additional Indebtedness and immediately after giving effect thereto and to the application of the proceeds thereof, 

(i) no Default or Event of Default shall exist; 

(ii) such Indebtedness can be incurred within the applicable limitations provided in Sections 10.8 and 10.9; and 

(iii) the total amount of all Indebtedness permitted under this Section 10.10(g) at no time exceeds an amount equal to
15% of Consolidated Total Assets (determined as of the then most recently ended fiscal quarter of the Parent Guarantor).” 
 (h)
Section 10.11 – Permitted Receivables Securitization Program. Section 10.11 of the Existing Note Purchase Agreement is hereby amended and restated to read as follows: 

“10.11 Permitted Receivables Securitization Program. 

The Parent Guarantor will not, and will not permit any Subsidiary to, sell any Securitization Assets pursuant to a Permitted
Receivables Securitization program or otherwise unless (a) immediately before and after giving effect to such sale, no Default or Event of Default exists, (b) after giving effect to such sale, the aggregate outstanding face amount of
Securitization Assets sold by the Parent Guarantor or a Subsidiary pursuant to a Permitted Receivables Securitization program does not exceed $200,000,000 (or its equivalent in other currencies) and (c) immediately after giving effect to such
sale, the Parent Guarantor would be permitted by the provisions of Section 10.8 hereof to incur at least $1.00 of additional Indebtedness (determined on a pro forma basis based upon EBITDA for the four (4) fiscal quarter period most
recently ended for which financial statements have been provided to holders of Notes).” 

  
 Exhibit A-2 

 (i) Section 14.2 – Transfer and Exchange of Notes. The penultimate sentence of
the first paragraph of Section 14.2 of the Existing Note Purchase Agreement is hereby amended and restated to read as follows: 

“Notes shall not be transferred in denominations of less than €100,000, provided that if necessary to enable the
registration of transfer by a holder of its entire holding of Notes of a Series, one Note of such Series may be in a denomination of less than €100,000.” 

(j) Section 16.1 – Transaction Expenses. Section 16.1 of the Existing Note Purchase Agreement is hereby amended by
(i) adding “, by the Guaranty Agreement” immediately after “hereby” in clause (b) thereof, and (ii) by adding a period at the end of the second paragraph thereof. 

(k) Section 16.2 – Certain Taxes. Section 16.2 of the Existing Note Purchase Agreement is hereby amended by replacing
each reference to “any Subsidiary Guaranty” with “the Subsidiary Guaranty Agreement”. 
 (l) Section 18.1 –
Requirements. Section 18.1 of the Existing Note Purchase Agreement is hereby amended and restated to read as follows: 

“This Agreement and the Notes may be amended, and the observance of any term hereof or of the Notes may be waived (either
retroactively or prospectively), with (and only with) the written consent of the Parent Guarantor, the Company and the Required Holders, except that (a) no amendment or waiver of any of the provisions of Section 1, 2, 3, 4, 5, 6 or 22
hereof, or any defined term (as it is used therein), will be effective as to any Purchaser unless consented to by such Purchaser in writing, and (b) no such amendment or waiver may, without the written consent of the holder of each Note at the
time outstanding affected thereby, (i) subject to the provisions of Section 12 relating to acceleration or rescission, change the amount or time of any prepayment or payment of principal of, or reduce the rate or change the time of payment
or method of computation of interest or of the Make-Whole Amount and/or Modified Make-Whole Amount on, the Notes, or the Net Loss, Net Gain or Swap Breakage Amount with respect to any Swapped Note, (ii) change the percentage of the principal
amount of the Notes the holders of which are required to consent to any amendment or waiver or the principal amount of the Notes that the Purchasers are to purchase pursuant to Section 2 upon the satisfaction of the conditions to Closing that
appear in Section 4, (iii) amend any of Sections 8, 11(a), 11(b), 12, 13, 18, 21 or 24.9 or (iv) release the Parent Guarantor from the Unconditional Guaranty. No Subsidiary Guarantor may be released from the Subsidiary Guaranty
Agreement without the written consent of the holder of each Note at the time outstanding (other than in compliance with Section 9.8(b)). For purposes of Section 10 of the Intercreditor Agreement, the Required Holders shall constitute the
requisite number of holders of Notes required under this Agreement to approve an amendment to or waiver of any provision of the Intercreditor Agreement or to consent to a departure by any Lender (as defined in the Intercreditor Agreement) therefrom.
For purposes of Section 16 of the Intercreditor Agreement, (x) each of the holders of the Notes shall constitute the requisite parties under this Agreement to whom a Joinder Agreement (as defined in the Intercreditor Agreement) shall be
executed and delivered by any New Creditor (as defined in the Intercreditor Agreement) and (y) with respect to the proviso to the first sentence of such Section 16, if any default, event of default or event of termination has occurred and
is continuing under any of the Revolving Credit Agreement, the 2008 Note Agreement, the 2009 Note Agreement or any other applicable Financing Agreement (each such term as defined in the Intercreditor Agreement), the Required Holders shall constitute
the requisite number of holders of Notes required under this Agreement to approve the addition of any other New Creditor (as defined in the Intercreditor Agreement).” 

  
 Exhibit A-3 

 (m) Section 18.2 – Solicitation of Holders of Notes. Clause (c) of
Section 18.2 of the Existing Note Purchase Agreement is hereby amended by deleting “(either pursuant to a waiver under Section 18.1(c) or subsequent to Section 8.7 having been amended pursuant to Section 18.1(c))”. 

(n) Section 24.2 – Payments Due on Non-Business Days. Section 24.2 of the Existing Note Purchase Agreement is hereby
amended by deleting “optional”. 
 (o) Section 24.5 – Construction, etc. Clause (d) of the second paragraph
of Section 24.5 of the Existing Note Purchase Agreement is hereby amended and restated to read as follows: 
 “(d)
all references herein to Sections, Exhibits and Schedules shall be construed to refer to Sections of, and Exhibits and Schedules to, this Agreement, and” 

(p) Schedule B – Definitions of Applicable Major Credit Facility and Consolidated Total Net Debt. The following definitions
are hereby added to Schedule B of the Existing Note Purchase Agreement in their proper alphabetical order to read as follows: 

““Applicable Major Credit Facility” means a Major Credit Facility in respect of which the Company, the
Parent Guarantor or any Subsidiary Guarantor is an obligor or otherwise provides a guarantee or other credit support.” 

““Consolidated Total Net Debt” means, as of any date of determination, the excess, if any, of
(a) the aggregate principal amount of the types of Indebtedness described in clauses (a), (b), (d), (e) and (g) of the definition of “Indebtedness” of the Parent Guarantor and its
Subsidiaries and, without duplication, Contingent Obligations of the Parent Guarantor and its Subsidiaries in respect of such Indebtedness of other Persons over (b) the Unrestricted Domestic Cash Amount as of such date.” 

(q) Schedule B – Definitions of EBITDA and Unrestricted Domestic Cash Amount. The definitions of “EBITDA”,
“Fitch”, “S&P” and “Unrestricted Domestic Cash Amount” appearing in Schedule B of the Existing Note Purchase Agreement are hereby amended and restated to read as follows: 

““EBITDA” means, for any period, on a consolidated basis for the Parent Guarantor and its Subsidiaries,
the sum of the amounts for such period, without duplication, of (a) Net Income, plus (b) Interest Expense to the extent deducted in computing Net Income, plus (c) charges against income for foreign, federal, state and
local taxes to the extent deducted in computing Net Income, plus (d) depreciation expense to the extent deducted in computing Net Income, plus (e) amortization expense, including, without limitation, amortization of goodwill
and other intangible assets to the extent deducted in computing Net Income, plus (f) any unusual non-cash charges to the extent deducted in computing Net Income, plus (g) non-cash stock based compensation paid during such
period to the extent deducted in computing Net Income plus (h) up to $5,000,000 per consecutive four fiscal quarter period in transaction fees, costs and expenses incurred in connection with the consummation of any acquisition permitted
hereunder (or any such acquisition proposed and not consummated); provided, that any such fees, costs or expenses are paid within six (6) months of the date incurred; provided further that this clause (h) shall only be effective at any
time that each Applicable Major Credit Facility includes such clause (and such clause is effective therein) and shall otherwise have no effect, plus (i) costs, charges, accruals, reserves or expenses attributable to the undertaking
and/or implementation of cost savings initiatives or operating expense reductions and similar initiatives, integration, transition, and other restructuring costs, charges, accruals, reserves and expenses (including costs related to the closure

  
 Exhibit A-4 

 
or consolidation of facilities and curtailments, consulting and other professional fees, signing costs, retention or completion bonuses, executive recruiting costs, relocation expenses, severance
payments and modifications to, or losses on settlement of, pension and post-retirement employee benefit plans); provided that the aggregate amount included in EBITDA pursuant to this clause (i) during any period shall not exceed 10% of EBITDA
in the aggregate for any consecutive four fiscal quarter period calculated prior to giving effect to any adjustment pursuant to this clause (i); provided further that this clause (i) shall only be effective at any time that each Applicable
Major Credit Facility includes such clause (and such clause is effective therein) and shall otherwise have no effect, minus (j) any unusual non-cash gains to the extent added in computing Net Income. EBITDA shall be calculated on a pro
forma basis giving effect to Material Acquisitions and Material Asset Dispositions on a four (4) fiscal quarter basis on the assumption that any such Material Acquisition or Material Asset Disposition shall be deemed to have occurred on the
first day of the fourth full fiscal quarter preceding the date of determination, using historical financial statements containing reasonable adjustments satisfactory to the Required Holders, broken down by fiscal quarter in the Parent
Guarantor’s reasonable judgment. As used herein, “Material Acquisition” means one or more related Acquisitions the net consideration for which is in excess of $20,000,000 individually or in the aggregate and “Material
Asset Disposition” means any Asset Disposition or series of Asset Dispositions the Fair Market Value of which is equal to or greater than $20,000,000 individually or in the aggregate.” 

““Fitch” means Fitch, Inc., together with its successors and assigns.” 

““S&P” means S&P Global Ratings, together with its successors and assigns.” 

““Unrestricted Domestic Cash Amount” means, as of any date of determination, that portion of the Parent
Guarantor’s and its consolidated Subsidiaries’ aggregate cash and Cash Equivalents in excess of $10,000,000 that is (a) on deposit with one or more lenders under any Major Credit Facility in the United States of America and
(b) not encumbered by or subject to any Lien (including, without limitation, any Lien permitted hereunder), setoff (other than (x) common law rights of setoff to the extent such cash and Cash Equivalents are subject to an intercreditor
agreement as to the sharing of recoveries and setoffs in form and substance reasonably satisfactory to the Required Holders (it being acknowledged and agreed that, to the extent any cash and Cash Equivalents of the Parent Guarantor or any Subsidiary
are subject to the agreements as to the sharing of recoveries and setoffs set forth in the Second Amended and Restated Intercreditor Agreement and the Parent Guarantor or such Subsidiary, each holder and the relevant depository bank are parties
thereto, such cash and Cash Equivalents will not be excluded from the Unrestricted Domestic Cash Amount as a result of the existence of such setoff rights) and (y) ordinary course setoff rights of a depository bank arising under a bank
depository agreement for customary fees, charges and other account-related expenses due to such depository bank thereunder), counterclaim, recoupment, defense or other right in favor of any Person; provided, however, that notwithstanding the
actual amount of the Unrestricted Domestic Cash Amount, no more than $20,000,000 of the Unrestricted Domestic Cash Amount may be deducted in the calculation of Net Indebtedness or Consolidated Total Net Debt.” 

(r) Schedule B – Definition of Affiliate. The definition of “Affiliate” appearing in Schedule B of the Existing
Note Purchase Agreement is hereby amended by replacing each reference to “corporation” with “Person”. 
 (s) Schedule
B – Definition of Cash Equivalents. The definition of “Cash Equivalents” appearing in Schedule B of the Existing Note Purchase Agreement is hereby amended by (i) adding “)” immediately after
“Moody’s” in clause (c) thereof, and (ii) adding a comma immediately before “industrial” in clause (d) thereof. 

  
 Exhibit A-5 

 (t) Schedule B – Definition of Change of Control. The definition of
“Change of Control” appearing in Schedule B of the Existing Note Purchase Agreement is hereby amended by deleting “related”. 

(u) Schedule B – Definition of Consolidated Net Earnings. The definition of “Consolidated Net Earnings” appearing
in Schedule B of the Existing Note Purchase Agreement is hereby deleted. 
 (v) Schedule B – Definition of Control Event.
Clause (c) of the definition of “Control Event” appearing in Schedule B of the Existing Note Purchase Agreement is hereby amended by deleting “related”. 

(w) Schedule B – Definition of Material Acquisition Amount. The definition of “Material Acquisition Amount”
appearing in Schedule B of the Existing Note Purchase Agreement is hereby amended by deleting “or similar threshold in any other Revolving Facility”. 

(x) Schedule B – Definition of Securities or Security. The definition of “Securities” or “Security”
appearing in Schedule B of the Existing Note Purchase Agreement is hereby amended by replacing “Section 2(1)” with “Section 2(a)(1)”. 

  
 Exhibit A-6 

 Annex 1 

Noteholders 
 Metropolitan Life Insurance
Company 
 Brighthouse Life Insurance Company, on Behalf of its Separate Account SA (Structured Annuity) (f/k/a MetLife Insurance Company USA, on Behalf of
its Separate Account SA (Structured Annuity)) 
 Brighthouse Life Insurance Company (f/k/a MetLife Insurance Company USA) 

MetLife Europe Limited 
 New York Life Insurance Company 

New York Life Insurance and Annuity Corporation 
 Voya Insurance
and Annuity Company 
 Voya Retirement Insurance and Annuity Company 

ReliaStar Life Insurance Company 
 ReliaStar Life Insurance
Company of New York 
 The Prudential Insurance Company of America 

Prudential Annuities Life Assurance Corporation 
 United of Omaha
Life Insurance Company 

  
 Annex 1-1 

 Annex 2 

GUARANTOR ACKNOWLEDGEMENT 

Each of the undersigned hereby acknowledges and agrees to the terms of Amendment No. 1 to Note Purchase Agreement, dated as of
May 31, 2018 (the “Amendment”), amending that certain Note Purchase Agreement, dated September 23, 2016, (the “Note Purchase Agreement”), among Woodward International Holding B.V., a Dutch private limited
liability company (besloten vennootschap met beperkte aansprakelijkheid), Woodward, Inc., a Delaware corporation, and the holders of Notes party thereto. Each of the undersigned hereby confirms that the Guaranty Agreement to which the
undersigned is a party remains in full force and effect after giving effect to the Amendment and continues to be the valid and binding obligation of the undersigned, enforceable against the undersigned in accordance with its terms, subject to any
applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the enforcement of creditor’s rights generally or by equitable principles including principles of commercial reasonableness, good faith and fair dealing
(whether enforceability is sought by proceedings in equity or at law). 
 [Remainder of page intentionally left blank. Next page is
signature page.] 

  
 Annex 2-1 

 Capitalized terms used herein but not defined are used as defined in the Note Purchase Agreement.

 Dated as of May 31, 2018 
  

			
	WOODWARD FST, INC.

 
			
		
	By:	 	/s/ Robert F. Weber, Jr.

 
			
	Name:	 	Robert F. Weber, Jr.
	Title:	 	Secretary and Treasurer

  

			
	MPC PRODUCTS CORPORATION

 
			
		
	By:	 	/s/ Robert F. Weber, Jr.

 
			
	Name:	 	Robert F. Weber, Jr.
	Title:	 	 Chief Financial Officer, Treasurer
 and Vice
President

  

			
	WOODWARD HRT, INC.

 
			
		
	By:	 	/s/ Robert F. Weber, Jr.

 
			
	Name:	 	Robert F. Weber, Jr.
	Title:	 	Treasurer and Vice President

  
 Annex 2-2Exhibit

Exhibit 4.2

                                                    
                                                    

ONE HUNDRED THIRTY-SEVENTH

SUPPLEMENTAL INDENTURE

                                                    

Southern California Edison Company

to

The Bank of New York Mellon Trust Company, N.A.

and

D. G. Donovan,

Trustees

                                                    

DATED AS OF MAY 31, 2018

                                                    
                                                    

LIMS-256-32833

This One Hundred Thirty-Seventh Supplemental Indenture, dated as of the 31st day of May, 2018, is entered into by and between Southern California Edison Company (between 1930 and 1947 named “Southern California Edison Company Ltd.”), a corporation duly organized and existing under and by virtue of the laws of the State of California and having its principal office and mailing address at 2244 Walnut Grove Avenue, in the City of Rosemead, County of Los Angeles, State of California 91770, and qualified to do business in the States of Arizona, New Mexico, and Nevada (hereinafter sometimes termed the “Company”), and The Bank of New York Mellon Trust Company, N.A., a national banking association having its mailing address at 2 North LaSalle Street, in the City of Chicago, State of Illinois 60602 (formerly named The Bank of New York Trust Company, N.A., successor Trustee to The Bank of New York, which was successor Trustee to Harris Trust and Savings Bank), and D. G. Donovan of 2 North LaSalle Street, in the City of Chicago, State of Illinois 60602 (successor Trustee to R. G. Mason, who was successor Trustee to Wells Fargo Bank, National Association, which was successor Trustee to Security Pacific National Bank, formerly named Security First National Bank and Security-First National Bank of Los Angeles, successor, by consolidation and merger, to Pacific-Southwest Trust & Savings Bank), as Trustees (hereinafter sometimes termed the “Trustees”);

WITNESSETH:

WHEREAS, the Company heretofore executed and delivered to said Harris Trust and Savings Bank and said Pacific-Southwest Trust & Savings Bank, Trustees, a certain Indenture of Mortgage or Deed of Trust dated as of October 1, 1923, which said Indenture was duly filed for record and recorded in the offices of the respective recorders of the following counties:  in the State of California‐Fresno County, Volume 397 of Official Records, page 1; Imperial County, Book 1174 of Official Records, page 966; Inyo County, Volume 154 of Official Records, page 417; Kern County, Book 379 of Trust Deeds, page 196; Kings County, Volume 84 of Deeds, page 1; Los Angeles County, Book 2963 of Official Records, page 1; Madera County, Volume 9 of Official Records, page 63; Merced County, Volume 363 of Official Records, page 1; Modoc County, Volume 230 of Official Records, page 119 et seq.; Mono County, Volume 64 of Official Records, page 29; Orange County, Book 496 of Deeds, page 1; Riverside County, Book 594 of Deeds, page 252; San Bernardino County, Book 825 of Deeds, page 1; San Diego County, Series 5 Book 1964, page 84061; Santa Barbara County, Book 229 of Deeds, page 30; Stanislaus County, Volume 465 of Official Records, page 370; Tulare County, Volume 50 of Official Records, page 1; Tuolumne County, Volume 274 of Official Records, page 568; and Ventura County, Volume 33 of Official Records, page 1; in the State of Nevada‐Clark County, Book 8 of Mortgages; Churchill County, Book 40 of Official Records, page 235; Lyon County, Book 39 of Mortgages, page 1; Mineral County, Book 13 of Official Records, page 794; Pershing County, Book 15 of Official Records, page 612; and Washoe County, Book 83 of Mortgages, page 301; in the State of Arizona‐La Paz County, Instrument No. 83-000212 of Official Records; Mohave County, Book 11 of Realty Mortgages; Maricopa County, Docket 4349 of Official Records, page 197; and Yuma County, Docket 369, page 310, (hereinafter referred to as the “Original Indenture”), to secure the payment of the principal of and interest on all bonds of the Company at any time outstanding thereunder, and (as to certain such filings or recordings) the principal of and interest on all Debentures of 1919 (referred to in the Original Indenture and now retired) outstanding; and

2

WHEREAS, the Company has heretofore executed and delivered to the Trustees one hundred thirty six certain supplemental indentures, dated, respectively, as of March 1, 1927, April 25, 1935, June 24, 1935, September 1, 1935, August 15, 1939, September 1, 1940, January 15, 1948, August 15, 1948, February 15, 1951, August 15, 1951, August 15, 1953, August 15, 1954, April 15, 1956, February 15, 1957, July 1, 1957, August 15, 1957, August 15, 1958, January 15, 1960, August 15, 1960, April 1, 1961, May 1, 1962, October 15, 1962, May 15, 1963, February 15, 1964, February 1, 1965, May 1, 1966, August 15, 1966, May 1, 1967, February 1, 1968, January 15, 1969, October 1, 1969, December 1, 1970, September 15, 1971, August 15, 1972, February 1, 1974, July 1, 1974, November 1, 1974, March 1, 1975, March 15, 1976, July 1, 1977, November 1, 1978, June 15, 1979, September 15, 1979, October 1, 1979, April 1, 1980, November 15, 1980, May 15, 1981, August 1, 1981, December 1, 1981, January 16, 1982, April 15, 1982, November 1, 1982, November 1, 1982, January 1, 1983, May 1, 1983, December 1, 1984, March 15, 1985, October 1, 1985, October 15, 1985, March 1, 1986, March 15, 1986, April 15, 1986, April 15, 1986, July 1, 1986, September 1, 1986, September 1, 1986, December 1, 1986, July 1, 1987, October 15, 1987, November 1, 1987, February 15, 1988, April 15, 1988, July 1, 1988, August 15, 1988, September 15, 1988, January 15, 1989, May 1, 1990, June 15, 1990, August 15, 1990, December 1, 1990, April 1, 1991, May 1, 1991, June 1, 1991, December 1, 1991, February 1, 1992, April 1, 1992, July 1, 1992, July 15, 1992, December 1, 1992, January 15, 1993, March 1, 1993, June 1, 1993, June 15, 1993, July 15, 1993, September 1, 1993, October 1, 1993, February 21, 2002, February 15, 2003, October 15, 2003, December 15, 2003, January 7, 2004, February 26, 2004, March 23, 2004, December 6, 2004, January 11, 2005, January 27, 2005, March 17, 2005, June 1, 2005, June 20, 2005, August 24, 2005, December 12, 2005, January 24, 2006, April 4, 2006, December 4, 2006, January 14, 2008, August 13, 2008, October 9, 2008, March 18, 2009, March 9, 2010, August 26, 2010, September 15, 2010, December 13, 2010, May 12, 2011, May 17, 2011, August 30, 2011, October 7, 2011, November 18, 2011, March 9, 2012, March 5, 2013, September 27, 2013, January 22, 2014, May 7, 2014, November 5, 2014, January 14, 2015,March 22, 2017 and March 31, 2018 which modify, amend and supplement the Original Indenture, such Original Indenture, as so modified, amended and supplemented, being hereinafter referred to as the “Amended Indenture”; and 

WHEREAS, there have been issued and are now outstanding and entitled to the benefits of the Amended Indenture, First and Refunding Mortgage Bonds as follows:

3

	
					
	Series
	Due Date
	Principal Amount
	

	2004B
	2034
	

	$525,000,000
	

	2004D
	2035
	

	$79,400,000
	

	2004E
	2035
	

	$65,000,000
	

	2004G
	2035
	

	$350,000,000
	

	2005B
	2036
	

	$250,000,000
	

	2005D
	2029
	

	$203,460,000
	

	2005E
	2035
	

	$350,000,000
	

	2006A
	2036
	

	$350,000,000
	

	2006C
	2028
	

	$38,500,000
	

	2006D
	2033
	

	$135,000,000
	

	2006E
	2037
	

	$400,000,000
	

	2008A
	2038
	

	$600,000,000
	

	2008B
	2018
	

	$400,000,000
	

	2009A
	2039
	

	$500,000,000
	

	2010A
	2040
	

	$500,000,000
	

	2010B
	2040
	

	$500,000,000
	

	2010C
	2029
	

	$100,000,000
	

	2010D
	2031
	

	$75,000,000
	

	2011A
	2021
	

	$500,000,000
	

	2011B
	2029
	

	$55,540,000
	

	2011E
	2041
	

	$250,000,000
	

	2012A
	2042
	

	$400,000,000
	

	2013A
	2043
	

	$400,000,000
	

	2013C
	2023
	

	$600,000,000
	

	2013D
	2043
	

	$800,000,000
	

	2015A
	2022
	

	$354,000,000
	

	2015B
	2022
	

	$325,000,000
	

	2015C
	2045
	

	$425,000,000
	

	2017A
	2047
	

	$1,000,000,000
	

	2018A
	2021
	

	$450,000,000
	

	2018B
	2028
	

	$400,000,000
	

	2018C
	2048
	

	$400,000,000
	

    
WHEREAS, the Company proposes presently to issue in fully registered form only, without coupons, one new series of the Company’s First and Refunding Mortgage Bonds, pursuant to resolutions of the Finance, Operations and Safety Oversight Committee of the Board of Directors or the Executive Committee of the Board of Directors of the Company, or actions by one or more officers of the Company, said new series to be designated as Series 2018D, Due 2023  (referred to herein as the “Bonds”), and the Company’s authorized bonded indebtedness has been increased to provide for the issuance of the Bonds; and

4

WHEREAS, the Company has acquired real and personal property since the execution and delivery of the One Hundred Thirty-Sixth Supplemental Indenture which, with certain exceptions, is subject to the lien of the Amended Indenture by virtue of the after-acquired property clauses and other clauses thereof, and the Company now desires in this One Hundred Thirty-Seventh Supplemental Indenture (hereinafter sometimes referred to as this “Supplemental Indenture”) expressly to convey and confirm unto the Trustees all properties, whether real, personal or mixed, now owned by the Company (with the exceptions hereinafter noted); and 

WHEREAS, for the purpose of further safeguarding the rights and interests of the holders of bonds under the Amended Indenture, the Company desires, in addition to such conveyance, to enter into certain covenants with the Trustees; and

WHEREAS, the making, executing, acknowledging, delivering and recording of this Supplemental Indenture have been duly authorized by proper corporate action of the Company;

NOW, THEREFORE, in order further to secure the payment of the principal of and interest on all of the bonds of the Company at any time outstanding under the Amended Indenture, as from time to time amended and supplemented, including specifically, but without limitation, the First and Refunding Mortgage Bonds, Series 2004B, Series 2004D, Series 2004E, Series 2004G,Series 2005B, Series 2005D, Series 2005E, Series 2006A, Series 2006D, Series 2006E, Series 2008A, Series 2008B, Series 2009A, Series 2010A, Series 2010B, Series 2010C, Series 2010D, Series 2011A, Series 2011B, Series 2011E, Series 2012A, Series 2013A, Series 2013C, Series 2013D, Series 2015A, Series 2015B, Series 2015C, Series 2017A, 2018A, 2018B and 2018C referred to above, all of said bonds having been heretofore issued and being now outstanding, and the Bonds, in the initial aggregate principal amount of $650,000,000, to be presently issued and outstanding; and to secure the performance and observance of each and every of the covenants and agreements contained in the Amended Indenture, and without in any way limiting (except as hereinafter specifically provided) the generality or effect of the Original Indenture or any of said supplemental indentures executed and delivered prior to the execution and delivery of this Supplemental Indenture insofar as by any provision of any said Indenture any of the properties hereinafter referred to are subject to the lien and operation thereof, but to such extent (except as hereinafter specifically provided) confirming such lien and operation, and for and in consideration of the premises, and of the sum of One Dollar ($1.00) to the Company duly paid by the Trustees, at or upon the ensealing and delivery of these presents (the receipt whereof is hereby acknowledged), the Company has executed and delivered this Supplemental Indenture and has granted, bargained, sold, aliened, released, conveyed, assigned, transferred, warranted, mortgaged, and pledged, and by these presents does grant, bargain, sell, alien, release, convey, assign, transfer, warrant, mortgage, and pledge unto the Trustees, their successors in trust and their assigns forever, in trust, with power of sale, all of the following:

All and singular the plants, properties (including goods which are or are to become fixtures), equipment, and generating, transmission, feeding, storing, and distributing systems, and facilities and utilities of the Company in the Counties of Fresno, Imperial, Inyo, Kern, Kings, Los Angeles, Madera, Merced, Modoc, Mono, Orange, Riverside, San Bernardino, San Diego, Santa Barbara, Stanislaus, Tulare, Tuolumne, and Ventura, in the State of California, Churchill, Clark, Lyon, Mineral, Pershing, and Washoe, in the State of Nevada, La Paz and Maricopa, in the State of Arizona and elsewhere either within or without said States, with all and singular the franchises, ordinances, grants, easements, rights-of-way, permits, privileges, contracts, appurtenances, tenements, and other rights and property thereunto appertaining or belonging, as the same now exist and as the same or any and all parts thereof may hereafter exist or be improved, added to, enlarged, extended or acquired in said Counties, or elsewhere either within or without said States;

5

Together with, to the extent permitted by law, all other properties, real, personal, and mixed (including goods which are or are to become fixtures), except as herein expressly excepted, of every kind, nature, and description, including those kinds and classes of property described or referred to (whether specifically or generally or otherwise) in the Original Indenture and/or in any one or more of the indentures supplemental thereto, now or hereafter owned, possessed, acquired or enjoyed by or in any manner appertaining to the Company, and the reversion and reversions, remainder and remainders, tolls, incomes, revenues, rents, issues, and profits thereof; it being hereby intended and expressly agreed that all the business, franchises, and properties, real, personal, and mixed (except as herein expressly excepted), of every kind and nature whatsoever and wherever situated, now owned, possessed, or enjoyed, and which may hereafter be in anywise owned, possessed, acquired, or enjoyed by the Company, shall be as fully embraced within the provisions hereof and be subject to the lien created hereby and by the Original Indenture and said supplemental indentures executed and delivered prior to the execution and delivery of this Supplemental Indenture, as if said properties were particularly described herein;

Saving and excepting, however, anything contained herein or in the granting clauses of the Original Indenture, or of the above mentioned indentures supplemental thereto, or elsewhere contained in the Original Indenture or said supplemental indentures, to the contrary notwithstanding, from the property hereby or thereby mortgaged and pledged, all of the following property (whether now owned by the Company or hereafter acquired by it):  all bills, notes, warrants, customers' service and extension deposits, accounts receivable, cash on hand or deposited in banks or with any governmental agency, contracts, choses in action, operating agreements and leases to others (as distinct from the property leased and without limiting any rights of the Trustees with respect thereto under any of the provisions of the Amended Indenture), all bonds, obligations, evidences of indebtedness, shares of stock and other securities, and certificates or evidences of interest therein, all office furniture and office equipment, motor vehicles and tools therefor, all materials, goods, merchandise, and supplies acquired for the purpose of sale in the ordinary course of business or for consumption in the operation of any property of the Company, and all electrical energy and other materials or products produced by the Company for sale, distribution, or use in the ordinary conduct of its business--other than any of the foregoing which has been or may be specifically transferred or assigned to or pledged or deposited with the Trustees, or any of them, under the Amended Indenture, or required by the provisions of the Amended Indenture, so to be; provided, however, that if, upon the occurrence of a default under the Amended Indenture, the Trustees, or any of them, or any receiver appointed under the Amended Indenture, shall enter upon and take possession of the mortgaged and pledged property, the Trustees, or such Trustee or such receiver may, to the extent permitted by law, at the same time likewise take possession of any and all of the property excepted by this paragraph then on hand which is used or useful in connection with the business of the Company, and collect, impound, use, and administer the same to the same extent as if such property were part of the mortgaged and pledged property and had been specifically mortgaged and pledged hereunder, unless and until such default shall be remedied or waived and possession of the mortgaged and pledged property restored to the Company, its successors or assigns, and provided further, that upon the taking of such possession and until possession shall be restored as aforesaid, all such excepted property of which the Trustees, or such Trustee or such receiver shall have so taken possession, shall be and become subject to the lien hereof, subject, however, to any liens then existing on such excepted property.

And the Company does hereby covenant and agree with the Trustees, and the Trustees with the Company, as follows:

PART I

The Trustees shall have and hold all and singular the properties conveyed, assigned, mortgaged and pledged hereby or by the Amended Indenture, including property hereafter as well as heretofore acquired, in trust for the equal and proportionate benefit and security of all present and future holders of the bonds and interest obligations issued and to be issued under the Amended Indenture, as from time to time amended and supplemented, without preference of any bond over any other bond by 

6

reason of priority in date of issuance, negotiation, time of maturity, or for any other cause whatsoever, except as otherwise in the Amended Indenture, as from time to time amended and supplemented, permitted, and to secure the payment of all bonds now or at any time hereafter outstanding under the Amended Indenture, as from time to time amended and supplemented, and the performance of and compliance with the covenants and conditions of the Amended Indenture, as from time to time amended and supplemented, and under and subject to the provisions and conditions and for the uses set forth in the Amended Indenture, as from time to time amended and supplemented.

7

PART II

Article I to Article Twenty-One, inclusive, of the Amended Indenture are hereby incorporated by reference herein and made a part hereof as fully as though set forth at length herein.

PART III

All of the terms appearing herein shall be defined as the same are now defined under the provisions of the Amended Indenture, except when expressly herein otherwise defined.

PART IV

Pursuant to Section 1 of Article Five of the Original Indenture, as amended by Part IV, Subpart C, of the Sixth Supplemental Indenture, dated as of September 1, 1940, the notice to be given with respect to the redemption of the Bonds in whole or in part, shall be limited to and shall consist of the giving by the Company or The Bank of New York Mellon Trust Company, N.A., Trustee, of a notice in writing (including by facsimile transmission or by electronic mail) of such redemption, at least 30 days, but not more than 60 days, prior to the date fixed for redemption to the holder of each Bond called for redemption at the holder's last address shown on the registry books of the Company.  Failure to so provide such notice to the holder of any Bond shall not affect the validity of the redemption proceedings with respect to any other Bond. 

PART V

The Bonds shall be in substantially the forms set forth in a resolution of the Board of Directors or the Executive Committee of the Board of Directors of the Company, or a certificate evidencing action by an officer or officers of the Company, and may have placed thereon such letters, numbers or other marks of identification and such legends or endorsements as set forth in this Supplemental Indenture or as may be required to comply with the Securities Act of 1933, as amended (the “Securities Act”), any other laws, any other rules of the Securities and Exchange Commission or any securities exchange, or as may, consistently herewith, be determined to be necessary or appropriate by the officers executing the Bonds, as evidenced by their execution of the Bonds.
PART VI

The duties, responsibilities, liabilities, immunities, rights, powers, and indemnities of the Trustees, and each of them, with respect to the trust created by the Amended Indenture, are hereby assumed by each of the Company and the Trustees and given to the Trustees, and each of them, with respect to the trust hereby created, and are so assumed and given subject to all the terms and provisions with respect thereto as set forth in the Amended Indenture, as fully and to all intents and purposes as if the same were herein set forth at length; and this Supplemental Indenture is executed by the Trustees for the purpose of evidencing their consent to the foregoing.

The recitals contained herein shall be taken as the statements of the Company, and the Trustees assume no responsibility for the correctness thereof.  The Trustees make no representations as to the validity or sufficiency of this Supplemental Indenture.

PART VII

8

The Series 2018D Bonds need not be issued at the same time and such series may be reopened at any time, without notice to or the consent of any then-existing holder or holders of any Bond, for issuances of additional Bonds in an unlimited principal amount.  Any such additional Bonds will have the same interest rate, maturity and other terms as those of that series initially issued, except for payment of interest accruing prior to the original issue date of such additional Bonds and, if applicable, for the first interest payment date following such original issue date.

PART VIII

As amended and supplemented by this Supplemental Indenture, the Amended Indenture is in all respects ratified and confirmed, and the Original Indenture and all said indentures supplemental thereto including this Supplemental Indenture, shall be read, taken, and considered as one instrument, and the Company agrees to conform to and comply with all and singular the terms, provisions, covenants, and conditions set forth therein and herein.

PART IX

In case any one or more of the provisions contained in this Supplemental Indenture should be invalid, illegal, or unenforceable in any respect, such invalidity, illegality, or unenforceability shall not affect any other provisions contained in this Supplemental Indenture, and, to the extent and only to the extent that any such provision is invalid, illegal, or unenforceable, this Supplemental Indenture shall be construed as if such provision had never been contained herein.

PART X

This Supplemental Indenture may be simultaneously executed and delivered in any number of counterparts, each of which, when so executed and delivered, shall be deemed to be an original. 

9

IN WITNESS WHEREOF, the Company has caused its corporate name and seal to be hereunto affixed and this Supplemental Indenture to be signed by its President, or one of its Vice Presidents and attested by the signature of its Secretary or one of its Assistant Secretaries, for and in its behalf; said The Bank of New York Mellon Trust Company, N.A. has caused its name to be hereunto affixed, and this Supplemental Indenture to be signed, by one of its Vice Presidents or Assistant Vice Presidents or Agents; and said D. G. Donovan has hereunto executed this Supplemental Indenture; all as of the day and year first above written.  Executed in counterparts and in multiple.

SOUTHERN CALIFORNIA EDISON COMPANY

/s/ Daniel S. Wood    
DANIEL S. WOOD
Vice President and Treasurer

Attest:

/s/ Darla F. Forte    
DARLA F. FORTE
Assistant Secretary

(Seal)

THE BANK OF NEW YORK MELLON TRUST 
COMPANY, N.A., Trustee

/s/ R. Tarnas    
Name:  R. TARNAS
Title:  Vice President

/s/ D. G. Donovan    
D. G. DONOVAN
Trustee

Signed in Counterpart

	
		
	A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document.

STATE OF CALIFORNIA    }
}  ss.
COUNTY OF LOS ANGELES    }

On this 31st day of May, 2018, before me, ANN M. DAVEY, a Notary Public, personally appeared DANIEL S. WOOD and DARLA F. FORTE, who proved to me on the basis of satisfactory evidence to be the persons whose names are subscribed to the within instrument and acknowledged to me that they executed the same in their authorized capacities, and that by their signatures on the instrument the persons, or the entity on behalf of which the persons acted, executed the instrument.

I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct.

WITNESS my hand and official seal.

/s/ Ann M. Davey            
Notary Public, State of California

(Seal)

My Commission expires on June 9, 2021.

STATE OF ILLINOIS      }
  }  ss.
COUNTY OF COOK      }

On this 31st day of May, 2018, before me, COLLEEN SKETCH, a Notary Public, personally appeared R. TARNAS, Vice President of THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., Trustee, who proved to me on the basis of satisfactory evidence to be the person whose name is subscribed to the within instrument and acknowledged to me that he executed the same in his authorized capacity, and that by his signature on the instrument the person, or entity on behalf of which the person acted, executed the instrument.

WITNESS my hand and official seal.

/s/ Colleen Sketch                
Notary Public, State of Illinois

(Seal)

My Commission expires on May 20, 2021.

STATE OF ILLINOIS    }
}  ss.
COUNTY OF COOK    }

On this 31st day of May, 2018, before me, COLLEEN SKETCH, a Notary Public, personally appeared D. G. DONOVAN, Trustee, who proved to me on the basis of satisfactory evidence to be the person whose name is subscribed to the within instrument and acknowledged to me that he executed the same in his authorized capacity, and that by his signature on the instrument the person, or entity on behalf of which the person acted, executed the instrument.

WITNESS my hand and official seal.

/s/ Colleen Sketch                
Notary Public, State of Illinois

(Seal)

My Commission expires on May 20, 2021.

RECORDING REQUESTED BY

SOUTHERN CALIFORNIA EDISON COMPANY

                        

WHEN RECORDED MAIL TO:

SOUTHERN CALIFORNIA EDISON COMPANY
TITLE AND REAL ESTATE SERVICES
2131 WALNUT GROVE AVE
ROSEMEAD CA 91770
ATTENTION: CORPORATE REAL ESTATE
                                                    
SPACE ABOVE THIS LINE FOR RECORDER’S USE

ONE HUNDRED THIRTY-SEVENTH SUPPLEMENTAL INDENTURE

                                    

Southern California Edison Company

to

The Bank of New York Mellon Trust Company, N.A.

and

D. G. Donovan,

Trustees

                                    

DATED AS OF MAY 31, 2018

RECORDING DATA

ONE HUNDRED THIRTY-SEVENTH SUPPLEMENTAL INDENTURE

The One Hundred Thirty-Seventh Supplemental Indenture of Southern California Edison Company, dated as of May 31, 2018, has been recorded and/or filed as follows:

	
					
	STATE OF CALIFORNIA
	 
	 
	 
	 

	 
	 
	 
	 
	 

	County
	Filing Date
	Orig
	Copy
	Instrument Number, Book and Page

	Fresno
	 
	 
	 
	 

	Imperial
	 
	 
	 
	 

	Inyo
	 
	 
	 
	 

	Kern
	 
	 
	 
	 

	Kings
	 
	 
	 
	 

	Los Angeles
	 
	 
	 
	 

	Madera
	 
	 
	 
	 

	Merced
	 
	 
	 
	 

	Modoc
	 
	 
	 
	 

	Mono
	 
	 
	 
	 

	Orange
	 
	 
	 
	 

	Riverside
	 
	 
	 
	 

	San Bernardino
	 
	 
	 
	 

	San Diego
	 
	 
	 
	 

	Santa Barbara
	 
	 
	 
	 

	Stanislaus
	 
	 
	 
	 

	Tulare
	 
	 
	 
	 

	Tuolumne
	 
	 
	 
	 

	Ventura
	 
	 
	 
	 

	 
	 
	 
	 
	 

	STATE OF ARIZONA
	 
	 
	 
	 

	 
	 
	 
	 
	 

	County
	 
	 
	 
	 

	La Paz
	 
	 
	 
	 

	Maricopa
	 
	 
	 
	 

	 
	 
	 
	 
	 

	STATE OF NEVADA
	 
	 
	 
	 

	 
	 
	 
	 
	 

	County
	 
	 
	 
	 

	Churchill
	 
	 
	 
	 

	Clark
	 
	 
	 
	 

	Lyon
	 
	 
	 
	 

	Mineral
	 
	 
	 
	 

	Pershing
	 
	 
	 
	 

	Washoe

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00284-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00284-of-00352.parquet"}]]