Document:

Form of Junior Subordinated Debt Indenture

 Exhibit 4.9 
  

 JUNIOR SUBORDINATED INDENTURE 
 between 
 NATIONWIDE FINANCIAL SERVICES, INC. 
 and 
 WILMINGTON TRUST COMPANY, 
 as Trustee 
 Dated as of
                    , 2007 
  

 TABLE OF CONTENTS 
  

					
	 	  	 	  	Page
	 ARTICLE I
 Definitions and Other Provisions
 of General Application
	  	
	SECTION 1.01.	  	Definitions	  	1
	SECTION 1.02.	  	Compliance Certificate and Opinions	  	7
	SECTION 1.03.	  	Forms of Documents Delivered to Trustee	  	8
	SECTION 1.04.	  	Acts of Holders	  	8
	SECTION 1.05.	  	Notices, etc., to Trustee and Company	  	9
	SECTION 1.06.	  	Notice to Holders; Waiver	  	10
	SECTION 1.07.	  	Conflict with Trust Indenture Act	  	10
	SECTION 1.08.	  	Effect of Headings and Table of Contents	  	10
	SECTION 1.09.	  	Successors and Assigns	  	10
	SECTION 1.10.	  	Separability Clause	  	10
	SECTION 1.11.	  	Benefits of Indenture	  	10
	SECTION 1.12.	  	Governing Law	  	10
	SECTION 1.13.	  	Nonbusiness Days	  	11
		
	ARTICLE II	  	
	Security Forms	  	
			
	SECTION 2.01.	  	Forms Generally	  	11
	SECTION 2.02.	  	Form of Trustee’s Certificate of Authentication	  	11
		
	ARTICLE III	  	
	The Securities	  	
			
	SECTION 3.01.	  	Amount Unlimited; Issuable in Series	  	11
	SECTION 3.02.	  	Denominations	  	13
	SECTION 3.03.	  	Execution, Authentication, Delivery and Dating	  	13
	SECTION 3.04.	  	Temporary Securities	  	15
	SECTION 3.05.	  	Registration, Transfer and Exchange	  	15
	SECTION 3.06.	  	Mutilated, Destroyed, Lost and Stolen Securities	  	17
	SECTION 3.07.	  	Payment of Interest; Interest Rights Preserved	  	17
	SECTION 3.08.	  	Persons Deemed Owners	  	19
	SECTION 3.09.	  	Cancellation	  	19
	SECTION 3.10.	  	Computation of Interest	  	19
	SECTION 3.11.	  	CUSIP Numbers	  	19
		
	ARTICLE IV	  	
	Satisfaction and Discharge	  	
			
	SECTION 4.01.	  	Satisfaction and Discharge of Indenture	  	19

  

 -i- 

					
	SECTION 4.02.	  	Application of Trust Money	  	20
	SECTION 4.03.	  	Applicability of Defeasance Provisions; Company’s Option to Effect Defeasance or Covenant Defeasance	  	20
	SECTION 4.04.	  	Defeasance and Discharge	  	21
	SECTION 4.05.	  	Covenant Defeasance	  	21
	SECTION 4.06.	  	Conditions to Defeasance or Covenant Defeasance	  	22
	SECTION 4.07.	  	Deposited Money and Government Obligations to be Held in Trust	  	23
	SECTION 4.08.	  	Repayment to Company	  	23
	SECTION 4.09.	  	Indemnity For Government Obligations	  	23
	SECTION 4.10.	  	Reimbursement	  	24
		
	ARTICLE V	  	
	Remedies	  	
			
	SECTION 5.01.	  	Events of Default	  	24
	SECTION 5.02.	  	Acceleration of Maturity; Rescission and Annulment	  	26
	SECTION 5.03.	  	Collection of Indebtedness and Suits for Enforcement by Trustee	  	27
	SECTION 5.04.	  	Trustee May File Proofs of Claim	  	28
	SECTION 5.05.	  	Trustee May Enforce Claim Without Possession of Securities	  	29
	SECTION 5.06.	  	Application of Money Collected	  	29
	SECTION 5.07.	  	Limitation on Suits	  	29
	SECTION 5.08.	  	Unconditional Right of Holders To Receive Principal, Premium and Interest	  	30
	SECTION 5.09.	  	Restoration of Rights and Remedies	  	30
	SECTION 5.10.	  	Rights and Remedies Cumulative	  	30
	SECTION 5.11.	  	Delay or Omission Not Waiver	  	30
	SECTION 5.12.	  	Control by Holders	  	30
	SECTION 5.13.	  	Waiver of Past Defaults	  	31
	SECTION 5.14.	  	Undertaking for Costs	  	32
	SECTION 5.15.	  	Waiver of Stay or Extension Laws	  	32
		
	ARTICLE VI	  	
	The Trustee	  	
			
	SECTION 6.01.	  	Certain Duties and Responsibilities	  	32
	SECTION 6.02.	  	Notice of Defaults	  	33
	SECTION 6.03.	  	Certain Rights of Trustee	  	33
	SECTION 6.04.	  	Not Responsible for Recitals or Issuance of Securities	  	35
	SECTION 6.05.	  	May Hold Securities	  	35
	SECTION 6.06.	  	Money Held In Trust	  	35
	SECTION 6.07.	  	Compensation and Reimbursement	  	35
	SECTION 6.08.	  	Disqualification; Conflicting Interest	  	36
	SECTION 6.09.	  	Corporate Trustee Required; Eligibility	  	36
	SECTION 6.10.	  	Resignation and Removal; Appointment of Successor	  	36
	SECTION 6.11.	  	Acceptance of Appointment by Successor	  	37
	SECTION 6.12.	  	Merger, Conversion, Consolidation or Succession to Business	  	38
	SECTION 6.13.	  	Preferential Collection of Claims Against Company	  	39

  

 -ii- 

					
	 SECTION 6.14.
	  	Appointment of Authenticating Agent	  	39
	 SECTION 6.15.
	  	Trustee’s Application for Instructions from the Company	  	40
		
	ARTICLE VII	  	
	Holders’ Lists and Reports by Trustee and Company	  	
			
	SECTION 7.01.	  	Company To Furnish Trustee Names and Addresses of Holders	  	40
	 SECTION 7.02.
	  	Preservation of Information, Communications to Holders	  	41
	 SECTION 7.03.
	  	Reports by Trustee	  	42
	 SECTION 7.04.
	  	Reports by Company	  	42
		
	ARTICLE VIII	  	
	Consolidation, Merger, Conveyance, Transfer or Lease	  	
			
	SECTION 8.01.	  	Company May Consolidate, etc., Only on Certain Terms	  	43
	 SECTION 8.02.
	  	Successor Corporation Substituted	  	43
		
	ARTICLE IX	  	
	Supplemental Indentures	  	
			
	SECTION 9.01.	  	Supplemental Indentures Without Consent of Holders	  	44
	 SECTION 9.02.
	  	Supplemental Indentures with Consent of Holders	  	45
	 SECTION 9.03.
	  	Execution of Supplemental Indentures	  	46
	 SECTION 9.04.
	  	Effect of Supplemental Indentures	  	46
	 SECTION 9.05.
	  	Conformity with Trust Indenture Act	  	46
	 SECTION 9.06.
	  	Reference in Securities to Supplemental Indentures	  	46
		
	ARTICLE X	  	
	Covenants	  	
			
	SECTION 10.01.	  	Payment of Principal, Premium and Interest	  	46
	 SECTION 10.02.
	  	Maintenance of Office or Agency	  	46
	 SECTION 10.03.
	  	Money for Security Payments To Be Held in Trust	  	47
	 SECTION 10.04.
	  	Payment of Taxes and Other Claims	  	48
	 SECTION 10.05.
	  	Statement as to Compliance	  	48
	 SECTION 10.06.
	  	Waiver of Certain Covenants	  	48
	 SECTION 10.07.
	  	Calculation of Original Issue Discount	  	49
		
	ARTICLE XI	  	
	Redemption of Securities	  	
			
	SECTION 11.01.	  	Applicability of This Article	  	49
	 SECTION 11.02.
	  	Election To Redeem; Notice to Trustee	  	49
	 SECTION 11.03.
	  	Selection of Securities To Be Redeemed	  	49
	 SECTION 11.04.
	  	Notice of Redemption	  	50
	 SECTION 11.05.
	  	Deposit of Redemption Price	  	50
	 SECTION 11.06.
	  	Payment of Securities Called for Redemption	  	50

  

 -iii- 

					
		
	ARTICLE XII	  	
	Sinking Funds	  	
			
	SECTION 12.01.	  	Applicability of Article	  	51
	SECTION 12.02.	  	Satisfaction of Sinking Fund Payments with Securities	  	51
	SECTION 12.03.	  	Redemption of Securities for Sinking Fund	  	51
		
	ARTICLE XIII	  	
	Subordination	  	
			
	SECTION 13.01.	  	Agreement of Securityholders that Securities Subordinated to Extent Provided	  	53
	SECTION 13.02.	  	Rights of Holders of Senior Indebtedness.	  	53
	SECTION 13.03.	  	Securities Subordinated to Prior Payment of all Senior Indebtedness on Dissolution, Liquidation or Reorganization of Company	  	53
	SECTION 13.04.	  	Obligation of the Company Unconditional	  	54
	SECTION 13.05.	  	Trustee Entitled to Assume Payments Not Prohibited in Absence of Notice	  	55
	SECTION 13.06.	  	Application by Trustee of Monies Deposited With It	  	55
	SECTION 13.07.	  	Subordination Rights not Impaired by Acts or Omissions of Company or Holders of Senior Indebtedness	  	55
	SECTION 13.08.	  	Securityholders Authorize Trustee to Effectuate Subordination of Securities	  	55
	SECTION 13.09.	  	Right of Trustee to Hold Senior Indebtedness	  	55
	SECTION 13.10.	  	Article XIII Not to Prevent Events of Default	  	56
	SECTION 13.11.	  	Subrogation	  	56
		
	ARTICLE XIV	  	
	Miscellaneous	  	
			
	SECTION 14.01.	  	Miscellaneous	  	56

  

 -iv- 

 CROSS-REFERENCE TABLE* 
  

					
	 Section of Trust Indenture Act of 1939, as amended
	  	Section of Indenture
	 §310
	 	(a)(1)	  	6.09
		 	(a)(2)	  	6.09
		 	(a)(3)	  	Not Applicable
		 	(a)(4)	  	Not Applicable
		 	(a)(5)	  	6.09
		 	(b)	  	6.08,6.10
	 §311
	 	(a)	  	6.13
		 	(b)	  	6.13
	 §312
	 	(a)	  	7.01, 7.02(a)
		 	(b)	  	7.02(b)
		 	(c)	  	7.02(c)
	 §313
	 	(a)	  	7.03(a)
		 	(b)	  	Not Applicable
		 	(c)	  	7.03(a)
		 	(d)	  	7.03(b)
	 §314
	 	(a)	  	7.04
		 	(b)	  	Not Applicable
		 	(c)(1)	  	1.02
		 	(c)(2)	  	1.02
		 	(c)(3)	  	Not Applicable
		 	(d)	  	Not Applicable
		 	(e)	  	1.02
	 §315
	 	(a)	  	6.01(a)
		 	(b)	  	6.02
		 	(c)	  	6.01 (b)
		 	(d)	  	6.01(c)
		 	(d)(1)	  	6.01(a), 6.01(c)
		 	(d)(2)	  	6.01(c)
		 	(d)(3)	  	6.01 (c)
		 	(e)	  	5.14
	 §316
	 	(a)(last sentence)	  	1.41
		 	(a)(1)(A)	  	5.12
		 	(a)(1)(B)	  	5.02, 5.13
		 	(a)(2)	  	Not Applicable
		 	(b)	  	5.08
	 §317
	 	(a)(1)	  	5.03
		 	(a)(2)	  	5.04
		 	(b)	  	10.03
	 §318
	 	(a)	  	1.07

	*	This cross-reference table does not constitute part of the Indenture and shall not affect the interpretation of any of its terms or provisions. 

 JUNIOR SUBORDINATED INDENTURE (this “Indenture”), dated as of
                    , 2007, between NATIONWIDE FINANCIAL SERVICES, INC., a Delaware corporation (hereinafter called the “Company”), having
its principal office at One Nationwide Plaza, Columbus, Ohio 43215, and WILMINGTON TRUST COMPANY, a banking corporation duly incorporated and existing under the laws of the State of Delaware, as Trustee (hereinafter called the “Trustee”).

 RECITALS OF THE COMPANY 
 WHEREAS the Company has duly authorized the execution and delivery of this Indenture to provide for the issuance from time to time of its unsecured junior subordinated debentures, notes or other evidences of indebtedness (hereinafter called
the “Securities”) to be issued in one or more series, authenticated and delivered in accordance with this Indenture. 
 WHEREAS the
Company has duly authorized the execution and delivery of this Indenture to provide, among other things, for the authentication, delivery and administration of the Securities. 
 WHEREAS all things necessary to make this Indenture a valid agreement of the Company, in accordance with its terms, have been done. 
 NOW, THEREFORE: 
 For and in
consideration of the premises and the purchases of the Securities by the Holders (as defined below) thereof, the Company and the Trustee mutually covenant and agree for the equal and proportionate benefit of all Holders of the Securities or of any
series thereof, as follows: 
 ARTICLE I 
 Definitions and Other Provisions 
 of General Application 
 SECTION 1.01. Definitions. For all purposes of this Indenture, except as otherwise expressly provided or unless the context otherwise requires:

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

 (b) 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; 
 (c) all accounting terms not otherwise defined herein have the meanings assigned to them in accordance with
generally accepted accounting principles, and the term “generally accepted accounting principles” with respect to any computation required or permitted hereunder shall mean such accounting principles which are generally accepted at the
date or time of such computation; provided that when two or more principles are so generally accepted, it shall mean that set of principles consistent with those in use by the Company; and 

 (d) the words “therein”, “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. 
 Certain terms, used
principally in Article VI, are defined in that Article. 
 “Act” when used with respect to any Holder has the meaning specified in
Section 1.04. 
 “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. 
 “Authenticating Agent” means any Person authorized by the Trustee pursuant to Section 6.14 to act on behalf of the Trustee to authenticate
Securities of one or more series. 
 “Board of Directors” means either the board of directors of the Company or any committee of
that board duly authorized to act hereunder. 
 “Board Resolution” means a copy of a resolution certified by the Secretary or an
Assistant Secretary of the Company to have been duly adopted by the Board of Directors, or such committee of the Board of Directors or officers of the Company to which authority to act on behalf of the Board of Directors has been delegated, and to
be in full force and effect on the date of such certification, and delivered to the Trustee. 
 “Business Day” means every day
except a Saturday, Sunday or a day on which banking institutions in the City of New York, New York or the City of Wilmington, Delaware, are permitted or required by any applicable law or executive order to close. 
 “Commission” means the Securities and Exchange Commission, as from time to time constituted, created under the Securities Exchange Act of 1934,
as amended, 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 on such date. 
 “Company” means the Person named as the “Company” in the first paragraph of this instrument until a successor corporation shall have
become such pursuant to the applicable provisions of this Indenture, and thereafter “Company” shall mean such successor corporation. 
 “Company Request” and “Company Order” mean, respectively, the written request or order signed in the name of the Company by the President or a Vice President, and by the Treasurer, an Associate Treasurer, an Assistant
Treasurer, the Controller, the Secretary or an Assistant Secretary of the Company, and delivered to the Trustee. 
  

 -2- 

 “Consolidated Total Assets” means, in respect of the Company, as of any date of determination,
the amount of total assets shown on the consolidated balance sheet of the Company and its consolidated Subsidiaries contained in the most recent annual or quarterly report filed with the Commission. 
 “Corporate Trust Office” means the principal office of the Trustee in the City of Wilmington, Delaware, at which at any particular time its
corporate trust business shall be administered, which office at the date of initial execution of this Indenture is 1100 North Market Street, Wilmington, Delaware, 19890, Attention: Corporate Capital Markets. 
 “Corporation” includes corporations, associations, companies and business trusts. 
 “Defaulted Interest” has the meaning specified in Section 3.07. 
 “Depositary” means, with respect to the Securities of any series issuable or issued in whole or in part in the form of one or more Global
Securities, the Person designated as Depositary by the Company pursuant to Section 3.01 with respect to such series (or any successor thereto). 
 “Dollar” means the currency of the United States of America as at the time of payment is legal tender for the payment of public and private debts. 
 “Event of Default” unless otherwise specified in the supplemental indenture creating a series of Securities, has the meaning specified in
Article V. 
 “Foreign Currency” means any currency issued by the government of one or more countries other than the United States
of America or by any recognized confederation or association of such governments. 
 “Global Security” means a Security in the form
prescribed herein evidencing all or part of a series of Securities, issued to the Depositary or its nominee for such series, and registered in the name of such Depositary or its nominee. 
 “Government Obligations” means, with respect to the Securities of any series, securities which are (i) direct obligations of the United
States of America or (ii) obligations of a Person controlled or supervised by and acting as an agency or instrumentality of the United States of America the payment of which is unconditionally guaranteed by the United States of America and
which, in either case, are full faith and credit obligations of the United States of America and are not callable or redeemable at the option of the issuer thereof and shall also include a depository 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 such Government Obligation or a specific payment of interest on or principal of any such Government Obligation held by such custodian for the account of
the holder of such depository receipt; 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 depository receipt from any amount received by the custodian in
respect of the Government Obligation or the specific payment of interest on or principal of the Government Obligation evidenced by such depository receipt. 
  

 -3- 

 “Holder”, “Securityholder” or other similar terms mean a Person in whose name a
Security is registered in the Securities Register. 
 “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 and shall include the terms of each particular series of Securities established as contemplated by
Section 3.01. 
 “Interest Payment Date” means as to each series of Securities the Stated Maturity of an installment of
interest on such Securities. 
 “Interest Rate” means the rate of interest specified or determined as specified in each Security as
being the rate of interest payable on such Security. 
 “Maturity” when used with respect to any Security means the date on which
the principal of such Security 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” has the meaning specified in Section 5.01(d). 
 “Officers’ Certificate” means a certificate signed by the President or a Vice President, and by the Treasurer, an Associate Treasurer, an
Assistant Treasurer, the Controller, the Secretary or an Assistant Secretary of the Company, and delivered to the Trustee. 
 “Opinion
of Counsel” means a written opinion of counsel, who may be counsel for the Company. 
 “Original Issue Date” means the date of
issuance specified as such in each Security. 
 “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” means, as of the date of determination, all Securities theretofore authenticated and delivered under this Indenture, except: 
 (i) securities theretofore canceled by the Trustee or delivered to the Trustee for cancellation; 
 (ii) securities for whose payment money in the necessary amount has been theretofore deposited with the Trustee or any Paying Agent in
trust for the Holders of such Securities; and 
 (iii) securities in substitution for or in lieu of which other Securities
have been authenticated and delivered or which have been paid pursuant to Section 3.06, unless proof satisfactory to the Trustee is presented that any such Securities are held by Holders in whose hands such Securities are valid, binding and
legal obligations of the Company; 
  

 -4- 

 provided, however, that in determining whether the Holders of the requisite principal amount of Outstanding
Securities have given any request, demand, authorization, direction, notice, consent or waiver hereunder, Securities owned by the Company or any other obligor upon the Securities or any Affiliate of the Company or 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 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 such other obligor. Upon request of the Trustee, the Company shall furnish to the
Trustee promptly an Officers’ Certificate listing and identifying all Securities, if any, known by the Company to be owned or held by or for the account of the Company, or any other obligor on the Securities or any Affiliate of the Company or
such obligor, and, subject to the provisions of Section 6.01, the Trustee shall be entitled to accept such Officers’ Certificate as conclusive evidence of the facts therein set forth and of the fact that all Securities not listed therein
are Outstanding for the purpose of any such determination. 
 “Paying Agent” means the Trustee or any Person authorized by the
Company to pay the principal of or interest on any Securities on behalf of the Company. 
 “Person” means any individual,
corporation, partnership, joint venture, association, joint-stock company, trust, unincorporated organization or government or any agency or political subdivision thereof. 
 “Place of Payment” means, with respect to the Securities of any series, the place or places where the principal of (and premium, if any) and
interest on the Securities of such series are payable pursuant to Section 3.01 or 10.02. 
 “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 lieu of a lost, destroyed or stolen Security shall be deemed to evidence the same debt as the lost, destroyed or stolen Security. 
 “Regular Record Date” for the interest payable on any Interest Payment Date with respect to the Securities of a series means, unless otherwise provided pursuant to Section 3.01 with respect to Securities of a series, the date
which is 15 calendar days next preceding such Interest Payment Date (whether or not a Business Day). 
 “Responsible Officer”, when
used with respect to the Trustee, means any officer within the Corporate Trust Office of the Trustee, including any vice president, any assistant vice president, any assistant secretary, the treasurer, any assistant treasurer or other officer of the
Corporate Trust Office 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 that officer’s knowledge of and familiarity with the particular subject. 
  

 -5- 

 “Restricted Subsidiary” means (a) so long as they are Subsidiaries of the Company,
Nationwide Life Insurance Company and Nationwide Life and Annuity Insurance Company, (b) any other present or future Subsidiary which is incorporated in any state of the United States or in the District of Columbia and which is a regulated
insurance company principally engaged in one or more of the property, casualty and life insurance businesses; provided that no such Subsidiary shall be a Restricted Subsidiary if (i) the Consolidated Total Assets of such Subsidiary are less
than 20% of the Consolidated Total Assets of the Company and its consolidated Subsidiaries (including such Subsidiary), in each case as set forth on the most recent fiscal year-end balance sheets of such Subsidiary and the Company and its
consolidated Subsidiaries, respectively, and computed in accordance with generally accepted accounting principles, or (ii) in the judgment of the Board of Directors, as evidenced by a Board Resolution, such Subsidiary is not material to the
financial condition of the Company and its consolidated Subsidiaries taken as a whole, and (c) any Subsidiary which is a successor, by merger or otherwise, to substantially all of the business or properties of any Subsidiary referred to or
described in clause (a) or (b). 
 “Securities” or “Security” means any debt securities or debt security, as the
case may be, authenticated and delivered under this Indenture. 
 “Securities Register” and “Securities Registrar” have
the respective meanings specified in Section 3.05. 
 “Senior Indebtedness” means, with respect to the Company, the principal
of and premium, if any, and interest on (a) all indebtedness of the Company, whether outstanding on the date of this Indenture or thereafter created, (i) for money borrowed by the Company (including the Company’s outstanding 7.899%
Junior Subordinated Deferrable Interest Debentures due March 1, 2037 issued by the Company to Nationwide Financial Services Capital Trust and any other similar debt securities issued to a subsidiary- trust of the Company), (ii) for money
borrowed by, or obligations of, others and either assumed or guaranteed, directly or indirectly, by the Company, (iii) in respect of letters of credit and acceptances issued or made by banks, or (iv) constituting purchase money
indebtedness, or indebtedness secured by property included in the property, plant and equipment accounts of the Company at the time of the acquisition of such property by the Company, for the payment of which the Company is directly liable, and
(b) all deferrals, renewals, extensions and refunding of, and amendments, modifications and supplements to, any such indebtedness. As used in the preceding sentence, the term “purchase money indebtedness” means indebtedness evidenced
by a note, debenture, bond or other instrument (whether or not secured by any lien or other security interest) issued or assumed as all or part of the consideration for the acquisition of property, whether by purchase, merger, consolidation or
otherwise, unless by its terms such indebtedness is subordinate to other indebtedness of the Company. Notwithstanding anything to the contrary in this Indenture or the Securities, Senior Indebtedness shall not include, (i) any indebtedness of
the Company which, by its terms or the terms of the instrument creating or evidencing it, is subordinate in right of payment to or pari passu with the Securities or (ii) any indebtedness of the Company to a Subsidiary of the Company.

  

 -6- 

 “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 interest is due and payable. 
 “Subsidiary” means any corporation, partnership or entity of which, at the time of determination, the Company owns or controls directly or
indirectly more than 50% of the outstanding shares of Voting Stock. 
 “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 the Trustee with respect to Securities of that series. 
 “Trust Indenture Act” means the Trust Indenture Act of 1939 (15 U.S.C. Sections 77aaa-77bbb), as amended and as in effect on the date as of
this Indenture, except as provided in Section 9.05. 
 “Vice President” when used with respect to the Company, means any vice
president, whether or not designated by a number or a word or words added before or after the title “vice president”. 
 “Voting Stock” means stock of any class or classes having general voting power under ordinary circumstances to elect a majority of the board of directors, managers or trustees of the entity in question, provided that, for the
purposes hereof, stock which carries only the right to vote conditionally on the happening of an event shall not be considered Voting Stock whether or not such event shall have happened. 
 SECTION 1.02. Compliance Certificate and Opinions. Upon any application or request by the Company to the Trustee to take any action under any
provision of this Indenture, the Company shall furnish to the Trustee an Officers’ Certificate stating that all conditions precedent (including covenants, compliance with which constitutes a condition precedent), if any, provided for in this
Indenture relating to the proposed action have been complied with and an Opinion of Counsel stating that in the opinion of such counsel all such conditions precedent (including covenants compliance with which constitute a condition precedent), if
any, have been complied with, except that in the case of any such application or request as to which the furnishing of such documents is specifically required by any provision of this Indenture relating to such particular application or request, no
additional certificate or opinion need be furnished. 
 Every certificate or opinion with respect to compliance with a condition or covenant
provided for in this Indenture (other than the certificates provided pursuant to Section 10.05) shall include: 
 (a) a statement that
each individual signing such certificate or opinion has read such covenant or condition and the definitions herein relating thereto; 
  

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 (b) a brief statement as to the nature and scope of the examination or investigation upon which the
statements or opinions contained in such certificate or opinion are based; 
 (c) a statement that, in the opinion of each such individual,
he or she has made such examination or investigation as is necessary to enable him or her to express an informed opinion as to whether or not such covenant or condition has been complied with; and 
 (d) a statement as to whether, in the opinion of each such individual, such condition or covenant has been complied with. 
 SECTION 1.03. Forms 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 matters upon which his or her 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 stating that the information with respect to
such factual matters is in the possession of the Company, unless 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. Acts of Holders.
(a) Any request, demand, authorization, direction, notice, consent, waiver or other action provided by this Indenture to be given to 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 an agent duly appointed in writing; and, except as herein otherwise expressly provided, such action shall become effective when such instrument or instruments is or 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 and any agent of the Trustee or
the Company, if made in the manner provided in this Section. 
  

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 (b) 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 the certificate of any 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 or her
the execution thereof. Where such execution is by a Person acting in other than his or her individual capacity, such certificate or affidavit shall also constitute sufficient proof of his or her authority. 
 (c) The fact and date of the execution by any Person 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 and in accordance with such reasonable rules as the Trustee may determine. 
 (d) The ownership of Securities shall be proved by the Securities Register. 
 (e) Any request, demand, authorization, direction,
notice, consent, waiver or other action by the Holder of any Security shall bind every future Holder of the same Security and the Holder of every Security issued upon the transfer thereof or in exchange therefor or in lieu thereof in respect of
anything done 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. 
 (f) The Company may, but shall not be obligated to, fix a record date for the purpose of determining the Holders entitled to take any action under this Indenture by vote or consent. Except as otherwise provided
herein, such record date shall be the later of 30 days prior to the first solicitation of such consent or vote or the date of the most recent list of Holders furnished to the Trustee pursuant to Section 7.01 prior to such solicitation. If a
record date is fixed, those persons who were Holders at such record date (or their duly designated proxies), and only those persons, shall be entitled to take such action by vote or consent or to revoke any vote or consent previously given, whether
or not such persons continue to be Holders after such record date; provided, however, that unless such vote or consent is obtained from the Holders (or their duly designated proxies) of the requisite principal amount of Outstanding
Securities prior to the date which is the 120th day after such record date, any such vote or consent previously given shall automatically and without further action by any Holder be canceled and of no further effect. 
 SECTION 1.05. Notices, etc., to Trustee and Company. 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, 
 (a) the Trustee by any
Holder or by the Company shall be sufficient for every purpose hereunder if made, given, furnished or filed in writing to or with the Trustee at its Corporate Trust office; or 
 (b) the Company by the Trustee or by any Holder shall be sufficient for every purpose (except as otherwise provided in Section 5.01 hereof)
hereunder 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. 
  

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 SECTION 1.06. 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 mailed, first class postage prepaid, to each Holder affected by such event, at the address of such Holder as it appears in the
Securities Register, not later than the latest date, and not earlier than the earliest date, 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 upon its receipt thereof, but such filing shall not be a condition precedent to the
validity of any action taken in reliance upon such waiver. 
 In case by reason of the suspension of regular mail service or by reason of any
other cause it shall be impracticable to give such notice by mail, then such notification as shall be made with the approval of the Trustee shall constitute a sufficient notification for every purpose hereunder. 
 SECTION 1.07. Conflict with Trust Indenture Act. If any provision of this Indenture limits, qualifies or conflicts with the duties imposed by any
of Sections 310 to 317, inclusive, of the Trust Indenture Act through operation of Section 318(c) thereof, such imposed duties shall control. 
 SECTION 1.08. 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 1.09. Successors and Assigns. All covenants and agreements in this Indenture by the Company shall bind its successors and assigns, whether
so expressed or not. 
 SECTION 1.10. 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 1.11. Benefits of Indenture. Nothing in this Indenture or in the Securities, express or implied, shall give to any Person, other than the parties hereto, any Paying Agent and their successors and
assigns and the Holders of the Securities, any benefit or any legal or equitable right, remedy or claim under this Indenture. 
 SECTION
1.12. Governing Law. This Indenture and the Securities shall be governed by and construed in accordance with the laws of the State of New York, except as may otherwise be required by mandatory provisions of law. 
  

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 SECTION 1.13. Nonbusiness Days. In any case where any Interest Payment Date or Stated Maturity of
any Security shall not be a Business Day, then (notwithstanding any other provision of this Indenture or the Securities) payment of interest or principal need not be made on such date, but may be made on the next succeeding Business Day with the
same force and effect as if made on the Interest Payment Date or at the Stated Maturity, except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case
with the same force and effect as if made on such Interest Payment Date, or at the Stated Maturity, and it being understood that no additional interest shall accrue in respect of such delay. 
 ARTICLE II 
 Security Forms 
 SECTION 2.01. Forms Generally. The definitive Securities of each series shall be in substantially such form or forms as shall be established
pursuant to Section 3.01, 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 the Company may deem appropriate and as are not contrary to the provisions of this Indenture, or as may be required to comply with the rules of any securities exchange or of any automated quotation or book-entry
system, or to conform to usage, all as may be determined by the officers executing such Securities, as evidenced by their execution of the Securities. 
 The Securities of each series shall be issuable in registered form without coupons. The definitive Securities shall be produced in such manner as shall be determined by the officers executing such Securities, as
evidenced by their execution thereof. 
 SECTION 2.02. Form of Trustee’s Certificate of Authentication. The Trustee’s
certificate of authentication shall be in substantially the form set forth below: 
 This is one of the Securities referred to in the
within-mentioned Indenture. 
  

							
	 Dated:
                    
	 		 	Wilmington Trust Company, as Trustee,
				
		 		 	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. 
  

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 The Securities may be issued in one or more series. There shall be established in or pursuant to a Board
Resolution, and set forth in an Officers’ Certificate, or established in one or more indentures supplemental hereto, prior to the issuance of Securities of a series: 
 (a) the title or designation of the securities of such series, which shall distinguish the Securities of the series from all other Securities; 
 (b) the limit, if any, upon the aggregate principal amount of the Securities of such 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, 9.06 or 11.06); provided, however, that
the authorized aggregate principal amount of such series may be increased above such amount by a Board Resolution to such effect; 
 (c) the
Stated Maturity or Maturities on which the principal of the Securities of such series is payable or the method of determination thereof; 
 (d) the rate or rates, if any, at which the Securities of such series shall bear interest, the Interest Payment Dates on which such interest shall be payable, the right, if any, of the Company to defer or extend an Interest Payment Date and
the minimum length of any such deferral period, and the Regular Record Date for the interest payable on any Interest Payment Date or the method by which any of the foregoing shall be determined; 
 (e) the place or places where the principal of (and premium, if any) and interest on the Securities of such series shall be payable, the place or places
where the Securities of such series may be presented for registration of transfer or exchange, and the place or places where notices and demands to or upon the Company in respect of the Securities of such series may be made; 
 (f) the period or periods within or the date or dates on which, if any, the price or prices at which and the terms and conditions upon which the
Securities of such series may be redeemed, in whole or in part, at the option of the Company, pursuant to any sinking fund or otherwise; 
 (g) the obligation or the right, if any, of the Company to redeem, repay or purchase the Securities of such series pursuant to any sinking fund, amortization or analogous provisions or at the option of a Holder thereof and the period or
periods within which, the price or prices at which, the currency or currencies (including currency unit or units) in which and the other terms and conditions upon which Securities of the series shall be redeemed, repaid or purchased, in whole or in
part, pursuant to such obligation; 
 (h) the denominations in which any Securities of such series shall be issuable, if other than
denominations of $1,000 and any integral multiple thereof; 
 (i) if other than Dollars, the currency or currencies (including currency unit
or units) in which the principal of (and premium, if any) and interest, if any, on the Securities of the series shall be payable, or in which the Securities of the series shall be denominated; 
  

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 (j) the additions, modifications or deletions, if any, in the Events of Default or covenants of the
Company set forth herein with respect to the Securities of such series; 
 (k) if other than the principal amount thereof, the portion of the
principal amount of Securities of such series that shall be payable upon declaration of acceleration of the Maturity thereof; 
 (l) the
additions or changes, if any, to this Indenture with respect to the Securities of such series as shall be necessary to permit or facilitate the issuance of the Securities of such series in bearer form, registrable or not registrable as to principal,
and with or without interest coupons; 
 (m) any index or indices used to determine the amount of payments of principal of and premium, if
any, on the Securities of such series or the manner in which such amounts will be determined; 
 (n) the issuance of a temporary Global
Security representing all of the Securities of such series and exchange of such temporary Global Security for definitive Securities of such series; 
 (o) whether the Securities of the series shall be issued in whole or in part in the form of one or more Global Securities and, in such case, the Depositary for such Global Securities, which Depositary shall be a clearing agency registered
under the Securities Exchange Act of 1934 as amended; 
 (p) the appointment of any Paying Agent or Agents for the Securities of such series;
and 
 (q) any other terms of the Securities of such series (which terms shall not be inconsistent with the provisions of this Indenture).

 All Securities of any one series shall be substantially identical except as to denomination and except as may otherwise be provided herein
or in or pursuant to such Board Resolution and set forth in such Officers’ Certificate 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 Officers’ Certificate setting forth the terms of the series. 
 SECTION 3.02.
Denominations. The Securities of each series shall be in registered form without coupons and shall be issuable in denominations of $1,000 and any integral multiple thereof, unless otherwise specified as contemplated by Section 3.01.

 SECTION 3.03. Execution, Authentication, Delivery and Dating. The Securities shall be executed on behalf of the Company by its
President or one of its Vice Presidents under its corporate seal reproduced or impressed thereon and attested by its Secretary or one of its Assistant Secretaries. The signature of any of these officers on the Securities may be manual or facsimile.

  

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 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 executed by the Company to the Trustee for authentication. Securities may be authenticated on original issuance from
time to time and delivered pursuant to such procedures acceptable to the Trustee (“Procedures”) as may be specified from time to time by Company Order. Procedures may authorize authentication and delivery pursuant to written or electronic
instructions of the Company or a duly authorized agent. 
 Prior to the delivery of a Security in any such form to the Trustee for
authentication, the Company shall deliver to the Trustee the following: 
 (a) a Company Order requesting the Trustee’s authentication
and delivery of all or a portion of the Securities of such series, and, if less than all, setting forth procedures for such authentication; 
 (b) the Board Resolution by or pursuant to which such form of Security has been approved, and the Board Resolution, if any, by or pursuant to which the terms of the Securities of such series have been approved, and, if pursuant to a Board
Resolution, an Officers’ Certificate describing the action taken; 
 (c) an Officers’ Certificate dated the date such certificate
is delivered to the Trustee, stating that all conditions precedent provided for in this Indenture relating to the authentication and delivery of Securities in such form and with such terms have been complied with; and 
 (d) an Opinion of Counsel stating that (i) the form of such Securities has been duly authorized and approved in conformity with the provisions of
this Indenture; (ii) the terms of such Securities have been duly authorized and determined in conformity with the provisions of this Indenture, or, if such terms are to be determined pursuant to Procedures, when so determined such terms shall
have been duly authorized and determined in conformity with the provisions of this Indenture; and (iii) Securities in such form when completed by appropriate insertions and executed and delivered by the Company to the Trustee for authentication
in accordance with this Indenture, authenticated and delivered by the Trustee in accordance with this Indenture within the authorization as to aggregate principal amount established from time to time by the Board of Directors and sold in the manner
specified in such Opinion of Counsel, will be the legal, valid and binding obligations of the Company entitled to the benefits of this Indenture, subject to applicable bankruptcy, reorganization, insolvency and similar laws generally affecting
creditors’ rights, and subject to general equitable principles except as enforcement thereof may be limited by (A) requirements that a claim with respect to any Securities denominated other than in Dollars (or a Foreign Currency
or currency unit judgment in respect of such claim) be converted into Dollars at a rate of exchange prevailing on a date 

  

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determined pursuant to applicable law or (B) governmental authority to limit, delay or prohibit the making of payments in Foreign Currencies or currency
units or payments outside the United States and subject to such other qualifications as such counsel shall conclude do not materially affect the rights of Holders of such Securities; 
 provided, however, that the Trustee shall be entitled to receive the documents referred to in clauses (b), (c) and (d) above only at or prior to the first request of the Company to the Trustee
to authenticate Securities of such series. The Trustee shall have the right to decline to authenticate and deliver any Securities under this Section if the Trustee, being advised in writing by counsel, determines within a reasonable amount of time
that such action may not lawfully be taken or if the Trustee in good faith determines within a reasonable amount of time that such action would expose the Trustee to personal liability to existing Holders. 
 Each Security shall be dated the date of its authentication. 
 No Security 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 the manual signature of one of its authorized signatories, and such certificate upon any Security shall be conclusive evidence, and the only evidence, that such Security has been duly authenticated and delivered
hereunder. 
 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 denomination, substantially of the tenor of the definitive
Securities of such series in lieu of which they are issued and with such appropriate insertions, omissions, substitutions and other variations as the officers executing such Securities may determine, as evidenced by their execution of such
Securities. 
 If temporary Securities of any series are issued, the Company will cause definitive Securities of such series to be prepared
without unreasonable delay. After the preparation of definitive Securities, the temporary Securities shall be exchangeable for definitive Securities upon surrender of the temporary Securities at the office or agency of the Company designated for
that purpose without charge to the Holder. Upon surrender for cancellation of any one or more temporary Securities, the Company shall execute and the Trustee shall authenticate and deliver in exchange therefor a like principal amount of definitive
Securities of the same series of authorized denominations having the same Original Issue Date and Stated Maturity and having the same terms as such temporary Securities. Until so exchanged, the temporary Securities shall in all respects be entitled
to the same benefits under this Indenture as definitive Securities. 
 SECTION 3.05. Registration, Transfer and Exchange. The Company
shall cause to be kept at the Corporate Trust Office of the Trustee a 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. Such
register is herein sometimes referred to as the “Securities Register”. The Trustee is hereby appointed “Securities Registrar” for the purpose of registering Securities and transfers of Securities as herein provided. 

 

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 Upon surrender for registration of transfer of any Security at the office or agency of the Company
designated for that purpose, 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, of a like
aggregate principal amount, of the same Original Issue Date and Stated Maturity and having the same terms. 
 At the option of the Holder,
Securities may be exchanged for other Securities of the same series of any authorized denominations, of a like aggregate principal amount, of the same Original Issue Date and Stated Maturity and having the same terms, 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, and the Trustee shall authenticate and deliver, the Securities which the Holder making the exchange is entitled
to receive. 
 All Securities issued upon any transfer or exchange of Securities shall be the valid obligations of the Company, evidencing
the same debt, and entitled to the same benefits under this Indenture, as the Securities surrendered upon such transfer or exchange. 
 Every
Security presented or surrendered for transfer or exchange shall (if so required by the Company or the Securities Registrar) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the
Securities Registrar, duly executed by the Holder thereof or his or her attorney duly authorized in writing. 
 No service charge shall be
made to a Holder for any transfer or exchange of Securities, but the Company may require payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any transfer or exchange of Securities.

 Notwithstanding any of the foregoing, any Global Security of a series shall be exchangeable pursuant to this Section 3.05 for
Securities registered in the names of Persons other than the Depositary for such Security or its nominee only if (i) such Depositary notifies the Company that it is unwilling or unable to continue as Depositary for such Global Security or if at
any time such Depositary ceases to be a clearing agency registered under the Securities Exchange Act of 1934, as amended, and a successor Depositary registered as a clearing agency under the Securities Exchange Act of 1934, as amended, is not
appointed by the Company within 90 days of such notice, (ii) the Company executes and delivers to the Trustee a Company Order that such Global Security shall be so exchangeable or (iii) there shall have occurred and be continuing an Event
of Default with respect to the Securities of such series. Any Global Security that is exchangeable pursuant to the preceding sentence shall be exchangeable for Securities registered in such names as such Depositary shall direct. 
 Notwithstanding any other provision in this Indenture, a Global Security may not be transferred except as a whole by the Depositary with respect to such
Global Security to a nominee of such Depositary or by a nominee of such Depositary to such Depositary or another nominee of such Depositary. 
  

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 Neither the Company nor the Trustee shall be required, pursuant to the provisions of this Section,
(a) to issue, transfer or exchange any Security of any series during a period beginning at the opening of 15 business days before the day of selection for redemption of Securities pursuant to Article XI and ending at the close of business on
the day of mailing of notice of redemption or (b) to transfer or exchange any Security so selected for redemption in whole or in part, except, in the case of any Security to be redeemed in part, any portion thereof not to be redeemed.

 SECTION 3.06. Mutilated, Destroyed, Lost and Stolen Securities. If any mutilated Security is surrendered to the Trustee together
with such security or indemnity as may be required by the Company or the Trustee to save each of them harmless, the Company shall execute and the Trustee shall authenticate and deliver in exchange therefor a new Security of the same issue and series
of like tenor and principal amount, having the same Original Issue Date and Stated Maturity and bearing the same Interest Rate as such mutilated Security, and bearing a number not contemporaneously outstanding. 
 If there be delivered to the Company and to 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 harmless, then, in the absence of notice to the Company or the Trustee that such Security has been acquired by a Protected Purchaser, as such term is used in
Section 8-405(a)(1) of the UCC as in effect in the State of Delaware (1994 Rev), the issuing Company shall execute and upon its request the Trustee shall authenticate and deliver, in lieu of any such destroyed, lost or stolen Security, a new
Security of the same issue and series of like tenor and principal amount, having the same Original Issue Date and Stated Maturity and bearing the same Interest Rate as such destroyed, lost or stolen Security, and bearing a number not
contemporaneously outstanding. 
 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) connected
therewith. 
 Every new Security issued pursuant to this Section in lieu of any destroyed, lost or stolen Security shall constitute an
original additional contractual obligation of the Company, whether or not the 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 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. Interest on any Security of any series 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 

  

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Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest in respect of Securities of such series, except
that, unless otherwise provided in the Securities of such series, interest payable on the Stated Maturity of a Security shall be paid to the Person to whom principal is paid. The initial payment of interest on any Security of any series which is
issued between a Regular Record Date and the related Interest Payment Date shall be payable as provided in such Security or in the Board Resolution pursuant to Section 3.01 with respect to the related series of Securities. 
 Any interest on any Security which is payable, but is not timely paid or duly provided for, on any Interest Payment Date for Securities of such series
(herein called “Defaulted Interest”), shall forthwith cease to be payable to the registered Holder on the relevant Regular Record Date by virtue of having been such Holder, and such Defaulted Interest may be paid by the Company, at its
election in each case, as provided in clause (a) or (b) below. 
 (a) The Company may elect to make payment of any Defaulted
Interest to the Persons in whose names the Securities of such series in respect of which interest is in default (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 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 mailed, first class, postage prepaid, to each
Holder of a Security of such series at the address of such Holder as it appears in the Securities Register not less than 10 days prior to such Special Record Date. The Trustee may, in its discretion, in the name and at the expense of the Company,
cause a similar notice to be published at least once in a newspaper, customarily published in the English language on each Business Day and of general circulation in the City of Wilmington, Delaware, but such publication shall not be a condition
precedent to the establishment of such Special Record Date. Notice of the proposed payment of such Defaulted Interest and the Special Record Date therefor having been mailed as aforesaid, such Defaulted Interest shall be paid to the Persons in whose
names the Securities of such series (or their respective Predecessor Securities) are registered on such Special Record Date and shall no longer be payable pursuant to the following clause (b). 
 (b) The Company may make payment of any Defaulted Interest in any other lawful manner not inconsistent with the requirements of any securities exchange
on which the Securities of the series in respect of which interest is in default may be listed and, upon such notice as may be required by such exchange (or by the Trustee if the Securities are not listed), if, after notice given by the Company to
the Trustee of the proposed payment pursuant to this clause, such payment shall be deemed practicable by the Trustee. 
  

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 Subject to the foregoing provisions of this Section, each Security delivered under this Indenture upon
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. 
 SECTION 3.08. Persons Deemed Owners. The Company, the Trustee and any agent of the Company or the Trustee may treat the Person in whose name any
Security is registered as the owner of such Security for the purpose of receiving payment of principal of and (subject to Section 3.07) interest on such Security and for all other purposes whatsoever, whether or not such Security be overdue,
and neither the Company, the Trustee nor any agent of the Company or the Trustee shall be affected by notice to the contrary. 
 SECTION
3.09. Cancellation. All Securities surrendered for payment, redemption, transfer or exchange shall, if surrendered to any Person other than the Trustee, be delivered to the Trustee, and any such Securities and Securities surrendered directly
to the Trustee for any such purpose shall be promptly canceled 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 all Securities so delivered shall be promptly canceled by the Trustee. No Securities shall be authenticated in lieu of or in exchange for any Securities canceled as provided in this Section, except as expressly permitted by
this Indenture. All canceled Securities shall be destroyed or otherwise disposed of by the Trustee in accordance with its usual practices and the Trustee shall, upon request, deliver to the Company a certificate of such destruction. 
 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 consisting of twelve 30-day months and, with respect to any period less than a full calendar month, on the basis of the actual number of days elapsed during such
period in relation to the deemed 30 days of such month. 
 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 change in the CUSIP numbers. 
 ARTICLE IV 
 Satisfaction and Discharge 
 SECTION 4.01. Satisfaction and Discharge of Indenture. (1) This Indenture shall cease to be of further effect (except as to (i) any surviving rights of transfer, substitution and exchange of
Securities, (ii) rights hereunder of Holders to receive payments of principal of 

  

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(and premium, if any) and interest on the Securities and other rights, duties and obligations of the Holders as beneficiaries hereof with respect to the
amounts, if any, so deposited with the Trustee and (iii) the rights and obligations of the Trustee hereunder), and the Trustee, upon a Company Request specifying such action to be taken and at the expense of the Company, shall execute proper
instruments acknowledging satisfaction and discharge of this Indenture, when (a) either (i) all Securities theretofore authenticated and delivered (other than (A) Securities which have been destroyed, lost or stolen and which have
been replaced or paid as provided in Section 3.06 and (B) 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, as provided in Section 10.03) have been delivered to the Trustee for cancellation; or (ii) all such Securities not theretofore delivered to the Trustee for cancellation (x) have become due and payable, or (y) will
become due and payable at their Stated Maturity (or scheduled for redemption) within one year of the date of deposit, and the Company, in the case of (x) or (y) above, has deposited or caused to be deposited with the Trustee as trust funds
in trust for such purpose an amount in the currency or currencies in which the Securities of such series are payable sufficient to pay and discharge the entire indebtedness on such Securities not theretofore delivered to the Trustee for
cancellation, for principal (and premium, if any) and interest to the date of such deposit (in the case of Securities which have become due and payable) or to the Stated Maturity; (b) the Company has paid or caused to be paid all other sums
payable hereunder by the Company (including any amounts due to the Trustee in respect of its compensation and expense reimbursement); and (c) the Company has delivered to the Trustee a Company Request specifying such action to be taken and an
Officers’ 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. 
 (2) 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 this Section, the obligations of the Trustee under Section 4.02 and the last paragraph of Section 10.03 shall survive. 
 SECTION 4.02. Application of Trust Money. Subject to the provisions of the last paragraph of Section 10.03, all money deposited with the
Trustee pursuant to Section 4.01 or money or Government Obligations deposited with the Trustee pursuant to Section 4.03, or received by the Trustee in respect of Government Obligations deposited with the Trustee pursuant to
Section 4.03, 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 premium, if any) and interest for whose payment such money or obligations have been deposited with or received by the Trustee; provided, however, such
moneys need not be segregated from other funds except to the extent required by law. 
 SECTION 4.03. Applicability of Defeasance
Provisions; Company’s Option to Effect Defeasance or Covenant Defeasance. If pursuant to Section 3.01 provision is made for either both of (i) defeasance of the Securities of any series under Section 4.04 or
(ii) covenant defeasance of the Securities of any series under Section 4.05, then the provisions of such Section or Sections, as the case may be, together with the provisions of Sections 4.06 through 4.09 

  

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inclusive, with such modifications thereto as may be specified pursuant to Section 3.01 with respect to any Securities, shall be applicable to such
Securities, and the Company may at its option by or pursuant to Board Resolution, at any time, with respect to such Securities, elect to have Section 4.04 (if applicable) or Section 4.05 (if applicable) be applied to such Outstanding
Securities upon compliance with the conditions set forth below in this Article IV. 
 SECTION 4.04. Defeasance and Discharge. Upon the
Company’s exercise of the option specified in Section 4.03 applicable to this Section with respect to the Securities of any series, the Company shall be deemed to have been discharged from its obligations with respect to such Securities on
and after the date the conditions set forth in Section 4.06 are satisfied (hereinafter “defeasance”). For this purpose, such defeasance means that the Company shall be deemed to have paid and discharged the entire indebtedness
represented by such Securities which shall thereafter be deemed to be “Outstanding” only for the purposes of Section 4.07 and the other Sections of this Indenture referred to in clause (ii) of this Section, and to have satisfied
all its other obligations under such Securities and this Indenture insofar as such Securities are concerned (and the Trustee, at the expense of the Company, shall on a Company Order execute proper instruments acknowledging the same), except the
following which shall survive until otherwise terminated or discharged hereunder: (i) the rights of Holders of such Securities to receive, solely from the trust funds described in Section 4.06(a) and as more fully set forth in such
Section, payments in respect of the principal of, premium, if any, and interest, if any, on such Securities when such payments are due; (ii) the Company’s obligations with respect to such Securities under Sections 3.05, 3.06, 10.02
and 10.03 and with respect to the payment of additional amounts, if any, payable with respect to such Securities as specified pursuant to Section 3.01; (iii) the rights, powers, trusts, duties and immunities of the Trustee hereunder and
(iv) this Article IV. Subject to compliance with this Article IV, the Company may exercise its option under this Section notwithstanding the prior exercise of its option under Section 4.05 with respect to such Securities.
Following a defeasance, payment of such Securities may not be accelerated because of an Event of Default. 
 SECTION 4.05. Covenant
Defeasance. Upon the Company’s exercise of the option specified in Section 4.03 applicable to this Section with respect to any Securities of any series, the Company shall be released from its obligations under Section 8.01 and, if
specified pursuant to Section 3.01, its obligations under any other covenant with respect to such Securities on and after the date the conditions set forth in Section 4.06 are satisfied (hereinafter, “covenant defeasance”), and
such Securities shall thereafter be deemed to be not “Outstanding” for the purposes of any direction, waiver, consent or declaration or Act of Holders (and the consequences of any thereof) in connection with Section 8.01 or such other
covenant, but shall continue to be deemed “Outstanding” for all other purposes hereunder. For this purpose, such covenant defeasance means that, with respect to such Securities, 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 Section or such other covenant, whether directly or indirectly, by reason of any reference elsewhere herein to any such Section or such other covenant or by reason of
reference in any such Section or such other covenant to any other provision herein or in any other document and such omission to comply shall not constitute a default or an Event of Default under Section 5.01(d) or otherwise, as the case may
be, but, except as specified above, the remainder of this Indenture and such Securities shall be unaffected thereby. 
  

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 SECTION 4.06. Conditions to Defeasance or Covenant Defeasance. The following shall be the
conditions to application of Section 4.04 or Section 4.05 to any Securities of a series: 
 (a) The Company shall have deposited or
caused to be deposited irrevocably with the Trustee (or another Trustee satisfying the requirements of Section 6.09 who shall agree to comply with, and shall be entitled to the benefits of, the provisions of Sections 4.03 through 4.09
inclusive and the last paragraph of Section 10.03 applicable to the Trustee, for purposes of such Sections also a “Trustee”) as trust funds in trust for the purpose of making the payments referred to in clauses (X) and
(Y) of this Section 4.06(a), specifically pledged as security for, and dedicated solely to, the benefit of the Holders of such Securities, with instructions to the Trustee as to the application thereof, (i) money in an amount (in such
currency, currencies or currency unit or units in which such Securities are then specified as payable at maturity), or (ii) if Securities of such Series are not subject to repayment at the option of Holders, Government Obligations which through
the payment of interest and principal in respect thereof in accordance with their terms will provide, not later than one day before the due date of any payment referred to in clause (X) or (Y) of this Section 4.06(a), money in an
amount or (iii) a combination thereof in an amount sufficient, without reinvestment, in the opinion of a nationally recognized firm of independent certified public accountants expressed in a written certification thereof delivered to the
Trustee, to pay and discharge, and which shall be applied by the Trustee to pay and discharge, (X) the principal of, premium, if any, and interest, if any, on Securities on the maturity (or redemption) of such principal or installment of
principal or interest and (Y) any mandatory sinking fund payments applicable to such Securities on the day on which such payments are due and payable in accordance with the terms of this Indenture and such Securities. Before such a deposit the
Company may make arrangements satisfactory to the Trustee for the redemption of Securities at a future date or dates in accordance with Article XI which shall be given effect in applying the foregoing. 
 (b) Such defeasance or covenant defeasance shall not result in a breach or violation of, or constitute a default or Event of Default under, this
Indenture or result in a breach or violation of, or constitute a default under, any other material agreement or instrument to which the Issuer is a party or by which it is bound. 
 (c) In the case of an election under Section 4.04, the Company shall have delivered to the Trustee an Officers’ Certificate and an Opinion of
Counsel to the effect that (i) the Company has received from, or there has been published by, the Internal Revenue Service a ruling, or (ii) since the date of execution of this Indenture, there has been a change in the applicable Federal
income tax law, in either case to the effect that, and based thereon such opinion shall confirm that, the Holders of such Securities will not recognize income, gain or loss for Federal income tax purposes as a result of such defeasance and will be
subject to Federal income tax on the same amounts and in the same manner and at the same times, as would have been the case if such deposit, defeasance and discharge had not occurred. 
 (d) In the case of an election under Section 4.05, the Company shall have delivered to the Trustee an Opinion of Counsel to the effect that the
Holders of such Securities will not recognize income, gain or loss for Federal income tax purposes as a result of such covenant defeasance and will be subject to Federal income tax on the same amounts, in the same manner and at the same times as
would have been the case if such covenant defeasance had not occurred. 
  

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 (e) The Company shall have delivered to the Trustee an Officers’ Certificate and an Opinion of
Counsel, each stating that all conditions precedent to the defeasance under Section 4.04 or the covenant defeasance under Section 4.05 (as the case may be), including those contained in this Section 4.06 other than the 90 day period
specified in Section 4.06(g), have been complied with. 
 (f) This Company shall have delivered to the Trustee an Officer’s
Certificate to the effect that neither such Securities nor any other Securities of the same series, if then listed on any securities exchange, will be delisted as a result of such deposit. 
 (g) No event which is, or after notice or lapse of time or both would become, an Event of Default with respect to such Securities or any other Securities
shall have occurred and be continuing at the time of such deposit or, with regard to any such event specified in Sections 5.01(e) and (f), 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). 
 (h) Such defeasance or covenant defeasance shall not result in the
trust arising from such deposit constituting an investment company within the meaning of the Investment Company Act of 1940 unless such trust shall be registered under such Act or exempt from registration thereunder. 
 (i) Such defeasance or covenant defeasance shall be effected in compliance with any additional or substitute terms, conditions or limitations which may
be imposed on the Company in connection therewith as contemplated by Section 3.01. 
 SECTION 4.07. Deposited Money and Government
Obligations to be Held in Trust. Subject to the provisions of the last paragraph of Section 10.03, all money and Government Obligations (or other property as may be provided pursuant to Section 3.01) (including the proceeds thereof)
deposited with the Trustee pursuant to Section 4.06 in respect of any Securities of any series shall be held in trust and applied by the Trustee, in accordance with the provisions of such 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 Holders of such Securities of all sums due and to become due thereon in respect of principal, premium, if any, and
interest, if any, but such money need not be segregated from other funds except to the extent required by law. 
 SECTION 4.08. Repayment
to Company. The Trustee (or any paying agent) shall promptly pay to the Company upon Company Order any excess money or securities held by them at any time. 
 SECTION 4.09. Indemnity For Government Obligations. The Company shall pay, and shall indemnify the Trustee against, any tax, fee or other charge imposed on or assessed against Government Obligations deposited
pursuant to this Article IV or the principal and interest and any other amount received on such Government Obligations. 
  

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 SECTION 4.10. Reimbursement. If the Trustee or the paying agent is unable to apply any money in
accordance with this Article IV with respect to any Securities by reason of any order or judgment of any court or government authority enjoining, restraining or otherwise prohibiting such application, then the obligations under this Indenture and
such Securities from which the Company has been discharged or released pursuant to Section 4.04 or 4.05 shall be revived and reinstated as though no deposit had occurred pursuant to this Article IV with respect to such Securities, until such
time as the Trustee or paying agent is permitted to apply all money held in trust pursuant to Section 4.07 with respect to such Securities in accordance with this Article; provided, however, that if the Company makes any payment of principal of
or any premium or interest on any such Security following such reinstatement of its obligations, the Company shall be subrogated to the rights (if any) of the Holders of such Securities to receive such payment from the money so held in trust.

 ARTICLE V 
 Remedies

 SECTION 5.01. Events of Default. “Event of Default”, wherever used herein with respect to the Securities of any
series, means each one of the following events which shall have occurred and be continuing (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): 
 (a) default in the
payment of all or any part of the principal of (or premium, if any, on) any Security of that series when due, either at its Maturity (or upon any redemption), by declaration or otherwise; 
 (b) 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; provided, however that if the Company is permitted by the terms of the Securities of the applicable series to defer the payment in question, the date on which such payment is due and payable shall be the date on which the Company is
required to make payment following such deferral, if such deferral has been elected pursuant to the terms of the Securities of that series; 
 (c) default in the payment of any sinking fund installment as and when the same shall become due and payable by the terms of the Securities of such series; 
 (d) failure on the part of the Company duly to observe or perform any other of the covenants or agreements on the part of the Company in the Securities of such series (other than a covenant or agreement in respect of
the Securities of such series a default in the performance or breach of which is elsewhere in this Section specifically dealt with) or contained in this Indenture (other than a covenant or agreement included in this Indenture solely for the
benefit of a series of Securities other than such series) for a period of 60 days after the date on which written notice specifying such failure, stating that such notice is a “Notice of Default” hereunder and demanding that the Company
remedy the same, shall have been given by registered or certified mail, return receipt requested, to the Company by the Trustee, or to the Company and the Trustee by the holders of at least 25% in aggregate principal amount of the Outstanding
Securities of all series affected thereby; or 
  

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 (e) the entry of a decree or order by a court having jurisdiction in the premises adjudging the Company a
bankrupt or insolvent, or approving as properly filed a petition seeking reorganization, arrangement, adjustment or composition of or in respect of the Company under any applicable Federal or State bankruptcy, insolvency, reorganization or other
similar law, or appointing a receiver, liquidator, assignee, trustee, sequestrator (or other similar official) of the Company 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 unstayed and in effect for a period of 60 consecutive days; 
 (f) the institution by the Company of proceedings to
be adjudicated a bankrupt or insolvent, or the consent by it to the institution of bankruptcy or insolvency proceedings against it, or the filing by it of a petition or answer or consent seeking reorganization or relief under any applicable Federal
or State bankruptcy, insolvency, reorganization or other similar law, or the consent by it to the filing of any such petition or to the appointment of a receiver, liquidator, assignee, trustee, sequestrator (or other similar official) of the Company
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 and its willingness to be adjudicated a
bankrupt, or the taking of corporate action by the Company in furtherance of any such action; 
 (g) an event of default, as defined in any
one or more mortgages, indentures, instruments, bonds, debentures, notes or other similar instruments under which there may be issued, or by which there may be secured or evidenced, any indebtedness (other than the Securities of such series or
nonrecourse obligations) (“Indebtedness”) in excess of $50,000,000 for money borrowed by the Company or a Restricted Subsidiary shall occur, if such event of default shall result in the acceleration of such Indebtedness prior to its
expressed maturity unless such Indebtedness is discharged or such acceleration is cured, waived, rescinded or annulled within 10 days after written notice thereof shall have been given by registered or certified mail, return receipt requested, to
the Company by the Trustee or to the Company and the Trustee by the Holders of at least 25% in aggregate principal amount of the Outstanding Securities (treated as one class) which notice shall state that it is a “Notice of Default”
hereunder; or 
 (h) any other Event of Default with respect to that Series, including an Event of Default provided in the supplemental
indenture under which such series of Securities is issued or in the form of Security for such series; 
 provided, that if any such default or acceleration
referred to in clause (g) above shall cease or be cured, waived, rescinded or annulled, then the Event of Default hereunder by reason thereof shall be deemed likewise to have been thereupon cured. 
 If an Event of Default described in clauses (a), (b), (c), (d) or (h) (if the Event of Default under clause (d) or (h), as the case may
be, is with respect to less than all series of Securities then Outstanding) occurs and is continuing, then, and in each and every such case, except for any series of Securities the principal of which shall have already become due and 

  

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payable, either the Trustee or the Holders of not less than 25% in aggregate principal amount of the Securities of each such affected series then Outstanding
hereunder (treated as a single class) by notice in writing to the Company (and to the Trustee if given by Securityholders), may declare the entire principal (or, if the Securities of any such affected series are Original Issue Discount Securities,
such portion of the principal amount as may be specified in the terms of such series) of all Securities of all such affected series, and the interest accrued thereon, if any, to be due and payable immediately, and upon any such declaration, the same
shall become immediately due and payable. If an Event of Default described in clause (d) or (h) (if the Event of Default under clause (d) or (h), as the case may be, is with respect to all series of Securities then Outstanding) or
(g) occurs and is continuing, then and in each and every such case, unless the principal of all the Securities shall have already become due and payable, either the Trustee or the Holders of not less than 25% in aggregate principal amount of
all the Securities then Outstanding hereunder (treated as one class), by notice in writing to the Company (and to the Trustee if given by Securityholders), may declare the entire principal (or, if any Securities are Original Issue Discount
Securities, such portion of the principal as may be specified in the terms thereof) of all the Securities then Outstanding, and interest accrued thereon, if any, to be due and payable immediately, and upon any such declaration the same shall become
immediately due and payable. If an Event of Default specified in clause (e) or (f) occurs, all unpaid principal (or, if any Securities are Original Issue Discount Securities, such portion of the principal as may be specified in the terms
thereof) of all the Securities then Outstanding, and interest accrued thereon, if any, shall be due and payable immediately, without any declaration or other act on the part of the Trustee or any Securityholder. 
 SECTION 5.02. Acceleration of Maturity; Rescission and Annulment. If an Event of Default with respect to Securities of any series at the time
Outstanding occurs and is continuing, then and in every such case 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 the Securities of that series
are Original Issue Discount Securities, such portion of the principal amount as may be specified in the terms of that series) of all 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. 
 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 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: 
 (a) the Company has paid or deposited with the Trustee a sum sufficient to pay: 
 (i) all overdue installments of interest on all Securities of that series; 
 (ii) 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 interest thereon at the rate borne by the Securities; 
  

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 (iii) to the extent that payment of such interest is lawful, interest upon overdue
installments of interest at the rate borne by the Securities; 
 (iv) sums paid or advanced by the Trustee hereunder and the
reasonable compensation, expenses, disbursements and advances of the Trustee, its agents and counsel; and 
 (b) all Events of Default with
respect to Securities of that series, other than the nonpayment of the principal of Securities of that series which has become due solely by such 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. Upon receipt by the Trustee of written notice declaring
such an acceleration, or rescission and annulment thereof, with respect to Securities of a series all or part of which is represented by a Global Security, a record date shall be established for determining Holders of Outstanding Securities of such
series entitled to join in such notice, which record date shall be at the close of business on the day the Trustee receives such notice. The Holders on such record date, or their duly designated proxies, and only such Persons, shall be entitled to
join in such notice, whether or not such Holders remain Holders after such record date; provided that, unless such declaration of acceleration, or rescission and annulment, as the case may be, shall have become effective by virtue of the requisite
percentage having joined in such notice prior to the day which is 60 days after such record date, such notice of declaration of acceleration, or rescission and annulment, as the case may be, shall automatically and without further action by any
Holder be canceled and of no further effect. Nothing in this paragraph shall prevent a Holder, or a proxy of a Holder, from giving, after expiration of such 60-day period, a new written notice of declaration of acceleration, or rescission and
annulment thereof, as the case may be, that is identical to a written notice which has been canceled pursuant to the proviso to the preceding sentence, in which event a new record date shall be established pursuant to the provisions of this
Section 5.02. 
 SECTION 5.03. Collection of Indebtedness and Suits for Enforcement by Trustee. The Company covenants that if:

 (a) default is made in the payment of any installment of interest on any Security when such interest becomes due and payable and such
default continues for a period of 30 days; or 
 (b) default is made in the payment of the principal of (and 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, including any sinking fund payment
or analogous obligations (and premium, if any) and interest, including, to the extent that payment of such interest shall be lawful, interest on any overdue principal (and premium if any) and on any overdue installments of interest at the rate borne
by the Securities; and, in addition thereto, all amounts owing the Trustee under Section 6.07. 
  

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 If the Company fails to pay such amounts forthwith upon such demand, the Trustee, in its own name and as
trustee of an express trust, may institute a judicial proceeding for the collection of the sums so due and unpaid, and may prosecute such proceeding to judgment or final decree, and may enforce the same against the Company or any other obligor upon
the Securities and collect the moneys adjudged or decreed to be payable in the manner provided by law out of the property of the Company or any other obligor upon the Securities, wherever situated. 
 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 most effectual 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 the pendency of any receivership, insolvency, liquidation, bankruptcy, reorganization, arrangement, adjustment, composition or other judicial proceeding relative to the
Company or any other obligor upon the Securities or the property of the Company or of such other obligor or their creditors; 
 (a) the
Trustee (irrespective of whether the principal of the Securities of any series shall then be due and payable as therein expressed or by declaration or otherwise and irrespective of whether the Trustee shall have made any demand on the Company for
the payment of overdue principal (and premium, if any) or interest) shall be entitled and empowered, by intervention in such proceeding or otherwise: 
 (i) to file and prove a claim for the whole amount of principal (and premium, if any) and interest owing and unpaid in respect to the Securities and to file such other papers or documents as may be necessary or
advisable and to take any and all actions as are authorized under the Trust Indenture Act in order to have the claims of the Holders and any predecessor to the Trustee under Section 6.07 and of the Holders allowed in any such judicial
proceedings; 
 (ii) and 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 in accordance with Section 5.06; and 
 (b) 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 for distribution in accordance with Section 5.06, and in
the event that the Trustee shall consent to the making of such payments directly to the Holders, to pay to the Trustee any amount due to it and any predecessor Trustee under Section 6.07. 
 Nothing herein contained shall be deemed to authorize or require 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 or require the Trustee to vote in respect of the claim of any Holder in any such proceeding. 
  

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 SECTION 5.05. Trustee May Enforce Claim 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 all the amounts owing the Trustee and any predecessor Trustee under Section 6.07, 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 or property collected or to be applied by the Trustee with respect to a series of Securities 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 or property on account of principal (or premium, if any) 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 and any predecessor Trustee under Section 6.07; 
 second, to the payment of the amounts then due and unpaid upon such series of Securities for principal (and premium, if any) and interest, 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 series of Securities for principal (and premium, if any) and interest,
respectively; and 
 third, the balance, if any, to the Person or Persons entitled thereto. 
 SECTION 5.07. Limitation on Suits. No Holder of any Securities of any series shall have any right to institute, against the Company, any
proceeding, judicial or otherwise, with respect to this Indenture or for the appointment of a receiver, assignee, trustee, liquidator, sequestrator (or other similar official) or for any other remedy hereunder, unless: 
 (a) such Holder has previously given written notice to the Trustee of a continuing Event of Default with respect to the Securities of that series;

 (b) the Holders of not less than 25% in principal amount of the Outstanding Securities of each affected series (treated as one class)
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; 
 (c) such Holder or Holders have offered to the Trustee reasonable indemnity against the costs, expenses and liabilities to be incurred in compliance with such request; 
 (d) the Trustee for 60 days after its receipt of such notice, request and offer of indemnity has failed to institute any such proceeding; and 

 

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 (e) 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 each affected series (treated as one class); 
 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 Holders of Securities, 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 such Holders. 
 SECTION 5.08. Unconditional Right of Holders To Receive Principal, Premium and Interest. 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 premium, if any) and (subject to Section 3.07) interest on such Security on the respective Stated
Maturities expressed in such Security and to institute suit for the enforcement of any such payment, and such right 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 the Company, the Trustee and the Holders shall, subject to any
determination in such proceeding, 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 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. Except as otherwise provided in the last paragraph of
Section 3.06, no delay or omission of the Trustee or of any Holder of any Security 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: 
 (a) such direction shall not be in
conflict with any rule of law or with this Indenture; 
  

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 (b) the Trustee may take any other action deemed proper by the Trustee which is not inconsistent with
such direction; and 
 (c) subject to the provisions of Section 6.01, the Trustee shall have the right to decline to follow such
direction if the Trustee in good faith shall, by a Responsible Officer or Officers of the Trustee, determine that the proceeding so directed would be unjustly prejudicial to the Holders not joining in any such direction or would involve the Trustee
in personal liability. 
 Upon receipt by the Trustee of any written notice directing the time, method or place of conducting any such
proceeding or exercising any such trust or power, with respect to Securities of a series all or part of which is represented by a Global Security, a record date shall be established for determining Holders of Outstanding Securities of such series
entitled to join in such notice, which record date shall be at the close of business on the day the Trustee receives such notice. The Holders on such record date, or their duly designated proxies, and only such Persons, shall be entitled to join in
such notice, whether or not such Holders remain Holders after such record date; provided that, unless the Holders of a majority in principal amount of the Outstanding Securities of such series shall have joined in such notice prior to the day which
is 90 days after such record date, such notice shall automatically and without further action by any Holder be canceled and of no further effect. Nothing in this paragraph shall prevent a Holder, or a proxy of a Holder, from giving, after expiration
of such 90-day period, a new notice identical to a notice which has been canceled pursuant to the proviso to the preceding sentence, in which event a new record date shall be established pursuant to the provisions of this Section 5.12.

 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: 
 (a) in the payment of the principal of (or premium, if any) or interest on any Security of such series, or 
 (b) 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. 
  

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 SECTION 5.14. Undertaking for Costs. All parties to this Indenture agree, and each Holder of any
Security by his or her acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Trustee for any action
taken or omitted by it as Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorneys’ fees and
expenses, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; but the provisions of this Section shall not apply to any suit instituted by the Trustee, to any
suit instituted by any Holder, or group of Holders, holding in the aggregate more than 10% in principal amount of the Outstanding Securities of any series, or to any suit instituted by any Holder for the enforcement of the payment of the principal
of (or premium, if any) or interest on any Security on or after the respective Stated Maturities expressed in such Security (or in the case of redemption, on or after the date of such redemption). 
 SECTION 5.15. Waiver of Stay or Extension Laws. The Company 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 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
the Company (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 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 
 SECTION 6.01. Certain
Duties and Responsibilities. (a) Except during the continuance of an Event of Default: 
 (i) the Trustee undertakes
to perform such duties and only such duties as are specifically set forth in this Indenture, and no implied covenants or obligations shall be read into this Indenture against the Trustee; and 
 (ii) in the absence of bad faith on its part, the Trustee may conclusively rely, 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; but in the case of any such certificates or opinions which by any provisions 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 conform to the requirements of this Indenture (but need not confirm or investigate the accuracy of mathematical
calculations or other facts stated therein). 
 (b) In case 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 man would exercise or use under the circumstances in the conduct of his or her own affairs. 
  

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 (c) No provision of this Indenture shall be construed to relieve the Trustee from liability for its own
negligent action, its own negligent failure to act, or its own willful misconduct except that: 
 (i) this Subsection shall
not be construed to limit the effect of Subsection (a) of this Section; 
 (ii) the Trustee shall not be liable for any
error of judgment made in good faith by a Responsible Officer, unless it shall be proved that the Trustee was negligent in ascertaining the pertinent facts; and 
 (iii) the Trustee shall not be liable with respect to any action taken or omitted to be taken by it in good faith in accordance with the
direction of Holders pursuant to Section 5.12 relating to the time, method and place of conducting any proceeding for any remedy available to the Trustee, or exercising any trust or power conferred upon the Trustee, under this Indenture with
respect to the Securities of such series. 
 (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 in the exercise of any of its rights or powers. 
 (e) Whether or not therein expressly so provided, every provision of this Indenture relating to the conduct or affecting the liability of or affording protection to the Trustee shall be subject to the provisions of this Section. 

SECTION 6.02. Notice of Defaults. Within 60 days after actual knowledge of the occurrence of any default hereunder with respect to the
Securities of any series, the Trustee shall transmit by mail to all Holders of Securities of such series, as their names and addresses appear in the Securities Register, notice of such default hereunder known to the Trustee, unless such default
shall have been cured or waived; provided, however, that, except in the case of a default in the payment of the principal of (or premium, if any) or interest on any Security of such series, the Trustee shall be protected in withholding
such notice if and so long as the board of directors, the executive committee or a trust committee of directors and/or Responsible Officers of the Trustee in good faith determines that the withholding of such notice is in the interests of the
Holders of Securities of such series; and provided further that, in the case of any default of the character specified in Section 5.01(d), no such notice to Holders of Securities of such series shall be given until at least 30 days after the
occurrence thereof. For the purpose of this Section, the term “default” means any event which is, or after notice or lapse of time or both would become, an Event of Default with respect to Securities of such series. 
 SECTION 6.03. Certain Rights of Trustee. Subject to the provisions of Section 6.01: 
 (a) the Trustee may conclusively rely and shall be protected in acting or refraining from acting upon any resolution, certificate, statement, instrument,
opinion, report, notice, request, direction, consent, order, bond, debenture or other evidence of indebtedness, Security or other paper or document believed by it to be genuine and to have been signed or presented by the proper party or parties;

  

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 (b) any request or direction of the Company mentioned herein shall be sufficiently evidenced by a Company
Request or Company Order and any resolution of the Board of Directors may be sufficiently evidenced by a Board Resolution; 
 (c) whenever in
the administration of this Indenture the Trustee shall deem it desirable that a matter be proved or established prior to taking, suffering or omitting any action hereunder, the Trustee (unless other evidence be herein specifically prescribed) may,
in the absence of bad faith on its part, rely upon an Officers’ Certificate; 
 (d) 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 in respect of any action taken, suffered or omitted by it hereunder in good faith and in reliance thereon; 
 (e) the Trustee shall be under no obligation to exercise any of the rights or powers vested in it by this Indenture at the request or direction of any of
the Holders pursuant to this Indenture, unless such Holders shall have offered to the Trustee reasonable security or indemnity against the costs, expenses and liabilities which might be incurred by it in compliance with such request or direction;

 (f) the Trustee shall not be bound to make any investigation into the facts or matters stated in any resolution, certificate, statement,
instrument, opinion, report, notice, request, direction, consent, order, bond, indenture, Security or other paper or document, but the Trustee in its discretion may make such inquiry or investigation into such facts or matters as it may see fit,
and, if the Trustee shall determine to make such inquiry or investigation, it shall be entitled to examine the books, records and premises of the Company, 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 inquiry or investigation; 
 (g) the Trustee may execute any of the trusts or
powers hereunder or perform any duties hereunder either directly or by or through agents or attorneys and the Trustee shall not be responsible for any misconduct or negligence on the part of any agent or attorney appointed with due care by it
hereunder; 
 (h) the Trustee shall not be liable for any action taken, suffered, or omitted to be taken by it in good faith and reasonably
believed by it to be authorized or within the discretion or rights or powers conferred upon it by this Indenture; and 
 (i) the Trustee
shall not be deemed to have notice of any default or Event of Default unless a Responsible Officer of the Trustee has actual knowledge thereof or unless written notice of any event which is in fact such a default is received by the Trustee at the
Corporate Trust Office of the Trustee, and such notice references the Securities and this Indenture. 
  

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 SECTION 6.04. Not Responsible for Recitals or Issuance of Securities. The recitals contained
herein and in the Securities, except the Trustee’s certificates of authentication, shall be taken as the statements of the Company, and the Trustee assumes no responsibility for their correctness. The Trustee makes no representations as to the
validity or sufficiency of this Indenture or of the Securities. Neither the Trustee nor any Authenticating Agent shall be accountable for the use or application by the Company of the Securities or the proceeds thereof. 
 SECTION 6.05. May Hold Securities. The Trustee, any Authenticating Agent, any Paying Agent, Securities Registrar or any other agent of the
Company, in its individual or any other capacity, may become the owner or pledgee of Securities and, subject to Sections 6.08 and 6.13, may otherwise deal with the Company with the same rights it would have if it were not Trustee, Paying Agent,
Securities Registrar or such other agent. 
 SECTION 6.06. Money Held In Trust. Money held by the Trustee in trust hereunder need not
be segregated from other funds except to the extent required by law. The Trustee shall be under no liability for interest on any money received by it hereunder except as otherwise agreed in writing with the Company. 
 SECTION 6.07. Compensation and Reimbursement. The Company agrees: 
 (a) to pay to the Trustee from time to time such compensation as shall be agreed to in writing between the Company and the Trustee for all services rendered by it hereunder (which compensation shall not be limited by
any provision of law in regard to the compensation of a trustee of an express trust); 
 (b) to reimburse the Trustee upon its request for
all reasonable expenses, disbursements and advances incurred or made by the Trustee in accordance with any provision of this Indenture (including the reasonable compensation and the expenses and disbursements of its agents and counsel), except any
such expense, disbursement or advance as may be attributable to its negligence or bad faith; and 
 (c) to indemnify each of the Trustee and
any Predecessor Trustee and their respective officers, directors, stockholders, employees and agents for, and to hold each of them harmless against, any loss, liability or expense (including the reasonable compensation and the expenses and
disbursements of its agents and counsel) to the extent incurred without negligence or bad faith, arising out of or in connection with the acceptance or administration of this trust or the performance of its duties hereunder, including the costs and
expenses of defending itself against any claim or liability in connection with the exercise or performance of any of its powers or duties hereunder. 
 When the Trustee incurs expenses or renders services after an Event of Default specified in Section 5.01(e) or (f) occurs, the expenses and the compensation for the services are intended to constitute
expenses of administration under the Bankruptcy Reform Act of 1978 or a successor statute. 
 The provisions of this Section 6.07 shall
survive the termination of this Indenture. 
  

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 SECTION 6.08. Disqualification; Conflicting Interest. The Trustee for the Securities of any series
issued hereunder shall be subject to the provisions of Section 3.10(b) of the Trust Indenture Act. Nothing herein shall prevent the Trustee from filing with the Commission the application referred to in the second to last paragraph of
Section 3.10(b) of the Trust Indenture Act. 
 SECTION 6.09. Corporate Trustee Required; Eligibility. There shall at all times be
a Trustee hereunder which shall be a corporation organized and doing business under the laws of the United States of America or of any state, territory or the District of Columbia, authorized under such laws to exercise corporate trust powers and
subject to supervision or examination by Federal, state, territorial or District of Columbia authority, having a combined capital and surplus of at least $50,000,000, subject to supervision or examination by Federal or state authority. If such
corporation publishes reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then, for the purpose of this Section, the combined capital and surplus of such corporation
shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If at any time the Trustee shall cease to be eligible in accordance with the provisions of this Section, it shall resign
immediately in the manner and with the effect hereinafter specified in this Article. Neither the Company nor any Person directly or indirectly controlling, controlled by or under common control with the Company shall serve as Trustee for the
Securities of any series issued hereunder. 
 SECTION 6.10. Resignation and Removal; Appointment of Successor. (a) No resignation
or removal of the Trustee and no appointment of a successor Trustee pursuant to this Article shall become effective until the acceptance of appointment by the successor Trustee under Section 6.11. 
 (b) The Trustee may resign at any time with respect to the Securities of one or more series by giving written notice thereof to the Company. If an
instrument of acceptance by a successor Trustee shall not have been delivered to the Trustee within 30 days after the giving of such notice of resignation, the resigning Trustee may petition any court of competent jurisdiction for the appointment of
a successor Trustee with respect to the Securities of such series. 
 (c) The Trustee may be removed at any time with respect to the
Securities of any series by Act of the Holders of a majority in principal amount of the Outstanding Securities of such series, delivered to the Trustee and to the Company. 
 (d) If at any time: 
 (i) the
Trustee shall fail to comply with Section 6.08 after written request therefor by the Company or by any Holder who has been a bona fide Holder of a Security for at least six months; or 
 (ii) the Trustee shall cease to be eligible under Section 6.09 and shall fail to resign after written request therefor by the Company
or by any such Holder; or 
  

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 (iii) the Trustee shall become incapable of acting or shall be adjudged a bankrupt or
insolvent or a receiver of the Trustee or of its property shall be appointed or any public officer shall take charge or control of the Trustee or of its property or affairs for the purpose of rehabilitation, conservation or liquidation; 

then, in any such case, (A) the Company by Board Resolution may remove the Trustee, or (B) subject to Section 5.14, any Holder who has been a bona fide
Holder of a Security for at least six months may, on behalf of himself or herself and all others similarly situated, petition any court of competent jurisdiction for the removal of the Trustee and the appointment of a successor Trustee. 

(e) If the Trustee shall resign, be removed or become incapable of acting, or if a vacancy shall occur in the office of Trustee for any cause with
respect to the Securities of one or more series, the Company, by a Board Resolution, shall promptly appoint a successor Trustee with respect to the Securities of that or those series. If, within one year after such resignation, removal or
incapability, or the occurrence of such vacancy, a successor Trustee with respect to the Securities of any series shall not have been appointed by the Company, a successor Trustee shall be appointed by Act of the Holders of a majority in principal
amount of the Outstanding Securities of such series delivered to the Company and the retiring Trustee, and the successor Trustee so appointed shall, forthwith upon its acceptance of such appointment, become the successor Trustee with respect to the
Securities of such series and supersede the successor Trustee appointed by the Company. If no successor Trustee with respect to the Securities of any series shall have been so appointed by the Company or the Holders and accepted appointment in the
manner hereinafter provided, any Holder who has been a bona fide Holder of a Security for at least six months may, subject to Section 5.14, on behalf of himself or herself and all others similarly situated, petition any court of competent
jurisdiction for the appointment of a successor Trustee with respect to the Securities of such series. 
 (f) The Company shall give notice
of each resignation and each removal of the Trustee with respect to the Securities of any series and each appointment of a successor Trustee with respect to the Securities of any series by mailing written notice of such event by first-class mail,
postage prepaid, to the Holders of Securities of such series as their names and addresses appear in the Securities Register. Each notice shall include the name of the successor Trustee with respect to the Securities of such series and the address of
its Corporate Trust Office. 
 SECTION 6.11. Acceptance of Appointment by Successor. (a) In case of the appointment hereunder of
a successor Trustee with respect to all Securities, every such successor Trustee so appointed shall execute, acknowledge and deliver to the Company and to the retiring Trustee an instrument accepting such appointment, and thereupon the resignation
or removal of the retiring Trustee shall become effective and such successor Trustee, without any further act, deed or conveyance, shall become vested with all the rights, powers, trusts and duties of the retiring Trustee and the resigning or
removed Trustee shall be therefrom deemed released and discharged of the trusts and duties hereunder; but, on the request of the Company or the successor Trustee, such retiring Trustee shall, upon payment of its charges, execute and deliver an
instrument transferring to such successor Trustee all the rights, powers and trusts of the retiring Trustee and shall duly assign, transfer and deliver to such successor Trustee all property and money held by such retiring Trustee hereunder.

  

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 (b) In case of the appointment hereunder of a successor Trustee with respect to the Securities of one or
more (but not all) series, the Company, the retiring Trustee and each successor Trustee with respect to the Securities of one or more series shall execute and deliver an indenture supplemental hereto wherein each successor Trustee shall accept such
appointment and which (i) shall contain such provisions as shall be necessary or desirable to transfer and confirm to, and to vest in, each successor Trustee all the rights, powers, trusts and duties of the retiring Trustee with respect to the
Securities of that or those series to which the appointment of such successor Trustee relates, (ii) if the retiring Trustee is not retiring with respect to all Securities, shall contain such provisions as shall be deemed necessary or desirable
to confirm that all the rights, powers, trusts and duties of the retiring Trustee with respect to the Securities of that or those series as to which the retiring Trustee is not retiring shall continue to be vested in the retiring Trustee, and
(iii) shall 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, it being understood that nothing herein or in such
supplemental indenture shall constitute such Trustees co-trustees of the same trust and that each such Trustee shall be trustee of a trust or trusts hereunder separate and apart from any trust or trusts hereunder administered by any other such
Trustee and upon the execution and delivery of such supplemental indenture the resignation or removal of the retiring Trustee shall become effective to the extent provided therein and each such successor Trustee, without any further act, deed or
conveyance, shall become vested with all the rights, powers, trusts, and duties of the retiring Trustee with respect to the Securities of that or those series to which the appointment of such successor Trustee relates; but, on request of the Company
or any successor Trustee, such retiring Trustee shall duly assign, transfer and deliver to such successor Trustee all property and money held by such retiring Trustee hereunder with respect to the Securities of that or those series to which the
appointment of such successor Trustee relates. 
 (c) Upon request of any such successor Trustee, the Company shall execute any and all
instruments for more fully and certainly vesting in and confirming to such successor Trustee all rights, powers and trusts referred to in paragraph (a) or (b) of this Section, as the case may be. 
 (d) No successor Trustee shall accept its appointment unless at the time of such acceptance such successor Trustee shall be qualified and eligible under
this Article. 
 SECTION 6.12. Merger, Conversion, Consolidation or Succession to Business. Any corporation into which the Trustee may
be merged or converted or with which it may be consolidated, or any corporation resulting from any merger, conversion or consolidation to which the Trustee shall be a party, or any corporation succeeding to all or substantially all of the corporate
trust business of the Trustee, shall be the successor of the Trustee hereunder, provided such corporation shall be otherwise qualified and eligible under this Article, without the execution or filing of any paper or any further act on the part of
any of the parties hereto. In case any Securities shall have been authenticated, but not delivered, by the Trustee then in office, any successor by merger, conversion or consolidation to such authenticating Trustee may adopt such authentication and
deliver the Securities so authenticated, and in case any Securities shall not have been authenticated, any successor to the Trustee may authenticate such Securities either in the name of any predecessor Trustee or in the name of such successor
Trustee, and in all cases the certificate of authentication shall have the full force which it is provided anywhere in the Securities or in this Indenture that the certificate of the Trustee shall have. 
  

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 SECTION 6.13. Preferential Collection of Claims Against Company. If and when the Trustee shall be
or become a creditor of the Company (or any other obligor upon the Securities), the Trustee shall be subject to the provisions of the Trust Indenture Act regarding the collection of claims against the Company (or any such other obligor). 

SECTION 6.14. Appointment of Authenticating Agent. The Trustee may appoint an Authenticating Agent or Agents with respect to one or more series
of Securities which shall be authorized to act on behalf of the Trustee to authenticate Securities of such series issued upon original issue and upon exchange, registration of transfer or partial redemption thereof, and Securities so authenticated
shall be entitled to the benefits of this Indenture and shall be valid and obligatory for all purposes as if authenticated by the Trustee hereunder. Wherever reference is made in this Indenture to the authentication and delivery of Securities by the
Trustee or the Trustee’s certificate of authentication, such reference shall be deemed to include authentication and delivery on behalf of the Trustee by an Authenticating Agent. Each Authenticating Agent shall be acceptable to the Company and
shall at all times be a corporation organized and doing business under the laws of the United States of America, or of any state, territory or the District of Columbia, authorized under such laws to act as Authenticating Agent, having a combined
capital and surplus of not less than $50,000,000 and subject to supervision or examination by Federal or state authority. If such Authenticating Agent publishes reports of condition at least annually, pursuant to law or to the requirements of said
supervising or examining authority, then for the purposes of this Section the combined capital and surplus of such Authenticating Agent shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so
published. If at any time an Authenticating Agent shall cease to be eligible in accordance with the provisions of this Section, such Authenticating Agent shall resign immediately in the manner and with the effect specified in this Section.

 Any corporation into which an Authenticating Agent may be merged or converted or with which it may be consolidated, or any corporation
resulting from any merger, conversion or consolidation to which such Authenticating Agent shall be a party, or any corporation succeeding to all or substantially all of the corporate trust business of an Authenticating Agent shall be the successor
Authenticating Agent hereunder, provided such corporation shall be otherwise eligible under this Section, without the execution or filing of any paper or any further act on the part of the Trustee or the Authenticating Agent. 
 An Authenticating Agent may resign at any time by giving written notice thereof to the Trustee and to the Company. The Trustee may at any time terminate
the agency of an Authenticating Agent by giving written notice thereof to such Authenticating Agent and to the Company. Upon receiving such a notice of resignation or upon such a termination, or in case at any time such Authenticating Agent shall
cease to be eligible in accordance with the provisions of this Section, the Trustee may appoint a successor Authenticating Agent which shall be acceptable to the Company and shall give notice of such appointment in the manner provided in
Section 1.06 to all Holders of Securities of the series with respect to which such Authenticating Agent will serve. Any successor Authenticating Agent upon acceptance of its appointment hereunder shall become vested with all the rights, powers
and duties of its predecessor hereunder, with like effect as if originally named as an Authenticating Agent. No successor Authenticating Agent shall be appointed unless eligible under the provision of this Section. 
  

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 The Company agrees to pay to each Authenticating Agent from time to time reasonable compensation for its
services under this Section. 
 If an appointment with respect to one or more series is made pursuant to this Section, the Securities of such
series may have endorsed thereon, in addition to the Trustee’s certificate of authentication, an alternative certificate of authentication in the following form: 
 This is one of the Securities referred to in the within mentioned Indenture. 
 Dated: 
  

			
	                                        
, as Trustee,
		
	By:	 	  
	As Authenticating Agent	 	
		
	By:	 	  
	Authorized Signatory	 	

 SECTION 6.15. Trustee’s Application for Instructions from the Company. Any
application by the Trustee for written instructions from the Company may, at the option of the Trustee, set forth in writing any action proposed to be taken or omitted by the Trustee under this Indenture and the date on and/or after which such
action shall be taken or such omission shall be effective. The Trustee shall not be liable for any action taken by, or omission of, the Trustee in accordance with a proposal included in such application on or after the date specified in such
application (which date shall not be less than five Business Days after the date any officer of the Company actually receives such application, unless any such officer shall have consented in writing to any earlier date) unless prior to taking any
such action (or the effective date in the case of an omission), the Trustee shall have received written instructions in response to such application specifying the action to be taken or omitted. 
 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: 
 (a) semiannually, not more than 15 days after June 1 and December 1, a list, in
such form as the Trustee may reasonably require, of the names and addresses of the Holders as of such June 1 and December 1; and 
  

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 (b) 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 Securities Registrar. 
 SECTION 7.02. Preservation of
Information, Communications to Holders. (a) 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 Securities Registrar. The Trustee may destroy any list furnished to it as provided in Section 7.01 upon receipt of a new list so furnished.

 (b) If three or more Holders of Securities of the same series (herein referred to as “applicants”) apply in writing to the
Trustee, and furnish to the Trustee reasonable proof that each such applicant has owned a Security of such series for a period of at least six months preceding the date of such application, and such application states that the applicants’
desire to communicate with other Holders of such series with respect to their rights under this Indenture or under the Securities of such series and is accompanied by a copy of the form of proxy or other communication which such applicants propose
to transmit, then the Trustee shall, within five business days after the receipt of such application, at its election, either 
 (i) afford such applicants access to the information with respect to the Holders of such series preserved at the time by the Trustee in accordance with paragraph (a) of this Section, or 
 (ii) inform such applicants as to the approximate number of Holders of such series whose names and addresses appear in the information
preserved at the time by the Trustee in accordance with paragraph (a) of this Section, and as to the approximate cost of mailing to such Holders the form of proxy or other communication, if any, specified in such application. 
 If the Trustee shall elect not to afford such applicants access to such information, the Trustee shall, upon the written request of such
applicants, mail to each Holder of such series whose name and address appear in the information preserved at the time by the Trustee in accordance with paragraph (a) of this Section a copy of the form of proxy or other communication which is
specified in such request, with reasonable promptness after a tender to the Trustee of the material to be mailed and of payment, or provision for the payment, of the reasonable expenses of mailing, unless within five days after such tender the
Trustee shall mail to such applicants and file with the Commission, together with a copy of the material to be mailed, a written statement to the effect that, in the opinion of the Trustee, such mailing would be contrary to the best interest of the
Holders of such series or would be in violation of applicable law. Such written statement shall specify the basis of such opinion. If the Commission, after opportunity for a hearing upon the objections specified in the written statement so filed,
shall enter an order refusing to sustain any of such objections or if, after the entry of an order sustaining one 

  

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or more of such objections, the Commission shall find, after notice and opportunity for hearing, that all the objections so sustained have been met and shall
enter an order so declaring, the Trustee shall mail copies of such material to all such Holders with reasonable promptness after the entry of such order and the renewal of such tender; otherwise the Trustee shall be relieved of any obligation or
duty to such applicants respecting their application. 
 (c) Every Holder of Securities, by receiving and holding the same, agrees with the
Company and the Trustee that neither the Company nor the Trustee nor any agent of either of them shall be held accountable by reason of the disclosure of information as to the names and addresses of the Holders made pursuant to the Trust Indenture
Act. 
 SECTION 7.03. Reports by Trustee. (a) 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. 
 (b) Within 60 days after May 15 of each year commencing with the year 1999, the Trustee shall transmit by mail to all Holders of Securities as provided in Section 313(c) of the Trust Indenture Act, a brief report dated as of
May 15, if required by and in compliance with Section 313(a) of the Trust Indenture Act. 
 (c) 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 the Securities are listed and also with the Commission. The Company will promptly notify the Trustee whenever the Securities are listed on any
stock exchange. 
 SECTION 7.04. Reports by Company. The Company shall file with the Trustee and with 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 in the Trust Indenture Act; provided that any such information,
documents or reports required to be filed with the Commission pursuant to Section 13 or Section 15(d) of the Securities Exchange Act of 1934, as amended, shall be filed with the Trustee within 15 days after the same is required to be filed
with the Commission. Notwithstanding that the Company may not be required to remain subject to the reporting requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, as amended, the Company shall continue to file with the
Commission and provide the Trustee and Holders with the annual reports and the information, documents and other reports which are specified in Sections 13 and 15(d) of the Securities Exchange Act of 1934, as amended. The Company also shall comply
with the other provisions of Trust Indenture Act Section 3.14(a). 
 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 Officers’ Certificates). 
  

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 ARTICLE VIII 
 Consolidation, Merger, Conveyance, Transfer or Lease 
 SECTION 8.01. Company May Consolidate,
etc., Only on Certain Terms. The Company shall not consolidate with or merge into any other corporation or convey, transfer or lease its properties and assets in entirety or substantially as an entirety to any Person, and no Person shall
consolidate with or merge into the Company or convey, sell, transfer or lease its properties and assets in entirety or substantially as an entirety to the Company, unless: 
 (a) in case the Company shall consolidate with or merge into another corporation or convey, sell, transfer or lease its properties and assets in entirety
or substantially as an entirety to any Person, the corporation formed by such consolidation or into which the Company is merged or the Person which acquires by conveyance, sale or transfer, or which leases, the properties and assets of the Company
in entirety or substantially as an entirety shall be a corporation organized and existing under the laws of the United States of America or any State or the District of Columbia, and 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 the principal of (and premium, if any) and interest on all the Securities and the performance of every covenant of this Indenture on the part
of the Company to be performed or observed; 
 (b) immediately after giving effect to such transaction, no Event of Default, and no event
which, after notice or lapse of time, or both, would become an Event of Default, shall have happened and be continuing; and 
 (c) the
Company has delivered to the Trustee an Officers’ Certificate and an Opinion of Counsel each stating that such consolidation, merger, conveyance, sale, transfer or lease and any such supplemental indenture complies with this Article and that
all conditions precedent herein provided for relating to such transaction have been complied with; and the Trustee, subject to Section 6.01, may rely upon such Officers’ Certificate and Opinion of Counsel as conclusive evidence that such
transaction complies with this Section 8.01. 
 SECTION 8.02. Successor Corporation Substituted. Upon any consolidation or merger
by the Company with or into any other corporation, or any conveyance, sale, transfer or lease by the Company of its properties and assets in entirety or substantially as an entirety to any Person in accordance with Section 8.01, the successor
corporation formed by such consolidation or into which the Company is merged or to which such conveyance, sale, transfer or lease 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 successor corporation had been named as the Company herein; and in the event of any such conveyance, sale, transfer or lease the Company shall be discharged from all obligations and covenants under the
Indenture and the Securities and may be dissolved and liquidated. 
 Such successor corporation may cause to be signed, and may issue either
in its own name or in the name of the Company, any or all of the Securities issuable hereunder which theretofore shall not have been signed by the Company and delivered to the Trustee; and, upon the order of such successor corporation instead of the
Company and subject to all the terms, 

  

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conditions and limitations in this Indenture prescribed, the Trustee shall authenticate and shall deliver any Securities which previously shall have been
signed and delivered by the officers of the Company to the Trustee for authentication pursuant to such provisions and any Securities which such successor corporation thereafter shall cause to be signed and delivered to the Trustee on its behalf for
the purpose pursuant to such provisions. All the Securities so issued shall in all respects have the same legal rank and benefit under this Indenture as the Securities theretofore or thereafter issued in accordance with the terms of this Indenture
as though all of such Securities had been issued at the date of the execution hereof. 
 In case of any such consolidation, merger, sale,
conveyance or lease, such changes in phraseology and form may be made in the Securities thereafter to be issued as may be appropriate. 
 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, 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: 
 (a) to
evidence the succession of another corporation to the Company, and the assumption by any such successor corporation of the covenants of the Company herein and in the Securities contained; 
 (b) to provide for the issuance under this Indenture of Securities in bearer form (including securities registrable as to principal only) and to provide
for exchangeability of such Securities for Securities issued hereunder in fully registered form, and to make all appropriate changes for such purpose; 
 (c) to add to the covenants of the Company for the benefit of the Holders of all or one or more specified series of Securities (and if such covenants are to be for the benefit of fewer than all series of Securities or
fewer than all Securities of a Series, 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; 
 (d) to secure the Securities; 
 (e) to
establish the form or terms of Securities of any series as permitted by Sections 2.01 and 3.01; 
 (f) to cure any ambiguity, to correct or
supplement any provision herein which may be inconsistent with any other provision herein, or to make any other provisions with respect to matters or questions arising under this Indenture, provided such action shall not adversely affect the
interest of the Holders of Securities of any series; or 
  

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 (g) 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 6.11(b). 
 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 (voting as one class) by such supplemental indenture, by Act of said Holders delivered to the Company and the Trustee, the Company, when
authorized by a Board Resolution, 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 affected
thereby: 
 (a) extend the Stated Maturity of the principal of any Outstanding Security, or reduce the principal amount thereof or reduce the
rate or extend the time of payment of interest thereon, or reduce any amount payable on redemption thereof or change currency in which the principal thereof (including any amount in respect of Original Issue Discount Security), premium, if any, or
interest thereon is payable or reduce the amount of any Original Issue Discount Security that is payable upon acceleration or provable in bankruptcy or impair the right to institute suit for the enforcement of any such payment on or after the Stated
Maturity thereof; 
 (b) 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; or 
 (c) modify any of the provisions of this Section, Section 5.13 or Section 10.06, 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 Security affected thereby. 
 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. 
 This Indenture may not be amended to alter the subordination provisions
contained in Article XIII hereof without the consent of each holder of Senior Indebtedness outstanding that would be adversely affected by such amendment or alteration. 
  

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 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 Officers’ Certificate and an Opinion of Counsel stating that the execution of such supplemental indenture is authorized or permitted by this Indenture, and that all conditions precedent have been complied with. 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. Conformity with Trust Indenture Act. Every supplemental indenture executed pursuant to this Article shall conform to
the requirements of the Trust Indenture Act as then in effect. 
 SECTION 9.06. Reference in Securities to Supplemental Indentures.
Securities 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 shall so determine, new Securities of any series so modified as to conform, in the opinion of the Trustee and the Board of Directors, to any such supplemental indenture may be prepared and executed by the
Company and authenticated and delivered by the Trustee in exchange for Outstanding Securities of such series. 
 ARTICLE X 

Covenants 
 SECTION 10.01.
Payment of Principal, Premium and Interest. The Company covenants and agrees for the benefit of each series of Securities that it will duly and punctually pay the principal of (and premium, if any) and interest on the Securities of that
series in accordance with the terms of such Securities and this Indenture. 
 SECTION 10.02. Maintenance of Office or Agency. The
Company will maintain in each Place of Payment for any series, an office or agency where Securities of that series may be presented or surrendered for payment and an office or agency where Securities may be surrendered for transfer or exchange and
where notices and demands to or upon the Company in respect of the Securities and this Indenture may be served. The Company initially appoints the Trustee, acting through its Corporate Trust Office, as its agent for said purposes. The Company will
give prompt written notice to the Trustee of any change in the location of any such office or agency. If at any time the Company shall fail to maintain such 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 the Company hereby appoints the Trustee as its agent to receive all such presentations, surrenders, notices and demands.

  

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 The Company may also from time to time designate one or more other offices or agencies where the
Securities may be presented or surrendered for any or all of 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 will give prompt written notice to the Trustee of any such designation and any change in the location of any such office
or agency. 
 SECTION 10.03. Money for Security 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 (and premium, if any) or interest on any of the Securities of such series, segregate and hold in trust for the benefit of the Persons entitled
thereto a sum sufficient to pay the principal (and premium, if any) or 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 failure so to act.

 Whenever the Company shall have one or more Paying Agents, it will, prior to each due date of the principal of or interest on any
Securities, deposit with a Paying Agent a sum sufficient to pay the principal (and premium, if any) or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and premium (if any) or interest,
and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its failure so to act. 
 The Company will
cause each Paying Agent 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: 
 (a) hold all sums held by it for the payment of the principal of (and premium, if any) or interest on Securities in trust for the benefit of the Persons
entitled thereto until such sums shall be paid to such Persons or otherwise disposed of as herein provided; 
 (b) give the Trustee notice of
any default by the Company (or any other obligor upon the Securities) in the making of any payment of principal (and premium, if any) or interest; and 
 (c) at any time during the continuance of any such default, upon the written request of the Trustee, forthwith pay to the Trustee all sums so held in trust by such Paying Agent. 
 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 the Company or any Paying Agent to the Trustee, such Paying Agent shall be released from all further liability with respect to such money. 
  

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 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 (and premium, if any) or interest on any Security and remaining unclaimed for two years after such principal (and premium, if any) or interest has become due and payable shall (unless otherwise required by mandatory
provision of applicable escheat or abandoned or unclaimed property law) be paid on Company Request to the Company, or (if then held by the Company) shall (unless otherwise required by mandatory provision of applicable escheat or abandoned or
unclaimed property law) 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 the city of Wilmington, Delaware, 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 the Company. 
 SECTION 10.04. Payment of Taxes and Other Claims. The Company will pay or discharge or cause to be paid or discharged, before the same shall
become delinquent, (a) all taxes, assessments and governmental charges levied or imposed upon the Company or any Restricted Subsidiary or upon the income, profits or property of the Company or any Restricted Subsidiary, and (b) all lawful
claims for labor, materials and supplies which, if unpaid, might by law become a lien upon the property of the Company or any Restricted Subsidiary; provided, however, that the Company shall not be required to pay or discharge or cause
to be paid or discharged any such tax, assessment, charge or claim whose amount, applicability or validity is being contested in good faith by appropriate proceedings. 
 SECTION 10.05. Statement as to Compliance. The Company shall deliver to the Trustee, within 120 days after the end of each fiscal year of the Company ending after the date hereof, an Officers’ Certificate,
signed by at least one of the principal executive officer, principal financial officer or principal accounting officer of the Company, covering the preceding calendar year, stating whether or not to the best knowledge of the signers thereof the
Company is in default in the performance, observance or fulfillment of or compliance with any of the terms, provisions, covenants and conditions of this Indenture, and if the Company shall be in default, specifying all such defaults and the nature
and status thereof of which they may have knowledge. For the purpose of this Section 10.05, compliance shall be determined without regard to any grace period or requirement of notice provided pursuant to the terms of this Indenture. 

SECTION 10.06. Waiver of Certain Covenants. The Company may omit in any particular instance to comply with any covenant or condition set forth
in Section 10.04, with respect to the Securities of any series if before or after the time for such compliance the Holders of at least a majority in principal amount of the Outstanding Securities of such series shall, by 

  

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Act of such Holders, either waive such compliance in such instance or generally waive compliance with such covenant or condition, but no such waiver shall
extend to or affect such covenant or condition except to the extent so expressly waived, and, until such waiver shall become effective, the obligations of the Company in respect of any such covenant or condition shall remain in full force and
effect. 
 SECTION 10.07. Calculation of Original Issue Discount. The Company shall file with the Trustee promptly at the end of each
calendar year (i) a written notice specifying the amount of original issue discount (including daily rates and accrual periods) accrued on Outstanding Securities as of the end of such year and (ii) such other specific information relating
to such original issue discount as may then be relevant under the Internal Revenue Code of 1986, as amended from time to time. 
 ARTICLE
XI 
 Redemption of Securities 
 SECTION 11.01. Applicability of This Article. Redemption of Securities (whether by operation of a sinking fund or otherwise) as permitted or required by any form of Security issued pursuant to this Indenture shall be made in
accordance with such form of Security and this Article; provided, however, that if any provision of any such form of Security shall conflict with any provision of this Article, the provision of such form of Security shall govern. Except as otherwise
set forth in the form of Security for such series, each Security shall be subject to partial redemption only in the amount of $1,000 or integral multiples of $1,000. 
 SECTION 11.02. Election To Redeem; Notice to Trustee. The election of the Company to redeem any Securities shall be evidenced by or pursuant to a Board Resolution. In case of any redemption at the election of
the Company, the Company shall, at least 60 days prior to the date fixed for redemption (unless a shorter notice shall be satisfactory to the Trustee), notify the Trustee (by Company Request) of such date and of the principal amount of Securities of
that series 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, the Company shall furnish the Trustee with an Officers’ Certificate
and an Opinion of Counsel evidencing compliance with such restriction. 
 SECTION 11.03. Selection of Securities To Be Redeemed. If
less than all the Securities of a particular series and having the same terms are to be redeemed, the Trustee shall select, not more than 60 days prior to the date fixed for redemption, in such manner as in its sole discretion it shall deem
appropriate and fair, the Securities or portions thereof of such series to be redeemed. The Trustee shall promptly notify the Company in writing of the Securities selected for partial redemption and 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 Security redeemed or to be redeemed only in part, to the portion of the principal amount
of such Security which has been or is to be redeemed. If the Company shall so direct, Securities registered in the name of the Company, any Affiliate or any Subsidiary thereof shall not be included in the Securities selected for redemption.

  

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 SECTION 11.04. Notice of Redemption. Notice of redemption shall be given by first-class mail,
postage prepaid, mailed not later than the 30th day, and not earlier than the 60th day, prior to the date fixed for redemption, to each Holder of Securities to be redeemed, at the address of such Holder as it appears in the Securities Register.

 With respect to Securities of each series to be redeemed, each notice of redemption shall identify the Securities to be redeemed
(including CUSIP number(s), if any) and shall state: 
 (a) the date fixed for redemption for Securities of such series; 
 (b) the redemption price at which Securities of such series are to be redeemed; 
 (c) if less than all Outstanding Securities of such particular series and having the same terms are to be redeemed, the identification (and, in the case
of partial redemption, the respective principal amounts) of the particular Securities to be redeemed; 
 (d) that on the date fixed for
redemption, the redemption price at which such Securities are to be redeemed will become due and payable upon each such Security or portion thereof, and that interest thereon, if any, shall cease to accrue on and after said date; 
 (e) the place or places where such Securities are to be surrendered for payment of the redemption price at which such Securities are to be redeemed; and

 (f) that the redemption is for a sinking fund, if such is the case. 
 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 written request,
by the Trustee in the name and at the expense of the Company. The notice if mailed in the manner herein provided shall be conclusively presumed to have been duly given, whether or not the Holder receives such notice. In any case, a failure to give
such notice by mail or any defect in the notice to the Holder of any Security designated for redemption as a whole or in part shall not affect the validity of the proceedings for the redemption of any other Security. 
 SECTION 11.05. Deposit of Redemption Price. Prior to the redemption date specified in the notice of redemption given as provided in
Section 11.04, the Company will deposit with the Trustee or with one or more paying agents an amount of money sufficient to redeem on the redemption date all the Securities so called for redemption at the applicable redemption price.

 SECTION 11.06. Payment of Securities Called for Redemption. If any notice of redemption has been given as provided in
Section 11.04, the Securities or portion of Securities with respect to which such notice has been given shall become due and payable on the date and at the place or places stated in such notice at the applicable redemption price. On
presentation and surrender of such Securities at a place of payment in said notice specified, the said securities or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption price. 
  

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 Upon presentation of any Security redeemed in part only, the Company shall execute and the Trustee shall
authenticate and deliver to the Holder thereof, at the expense of the Company, a new Security or Securities of the same series, of authorized denominations, in aggregate principal amount equal to the unredeemed portion of the Security so presented
and having the same Original Issue Date, Stated Maturity and terms. If a Global Security is so surrendered, such new Security will also be a new Global 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 any series except as otherwise specified as contemplated by Section 3.01 for such Securities. 
 The minimum amount of any sinking
fund payment provided for by the terms of any Securities of any series is herein referred to as a “mandatory sinking fund payment”, and any sinking fund payment in excess of such minimum amount which is permitted to be made by the terms of
such Securities of any series is herein referred to as an “optional sinking fund payment”. If provided for by the term of any Securities of any series, the cash amount of any sinking fund payment may be subject to 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 such Securities. 
 SECTION 12.02. Satisfaction of Sinking Fund Payments with Securities. In lieu of making all or any part of a mandatory sinking fund payment with respect to any Securities of a series in cash, the Company may at
its option, at any time no more than 16 months and no less than 30 days prior to the date on which such sinking fund payment is due, deliver to the Trustee Securities of such series theretofore purchased or otherwise acquired by the Company, except
Securities of such series that have been redeemed through the application of mandatory or optional sinking fund payments pursuant to the terms of the Securities of such series, accompanied by a Company Order instructing the Trustee to credit such
obligations and stating that the Securities of such series were originally issued by the Company by way of bona fide sale or other negotiation for value; provided that the Securities to be so credited have not been previously so credited. The
Securities to be so credited shall be received and credited for such purpose by the Trustee at the redemption price for such Securities, as specified in the Securities so to be redeemed, 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 Officers’ Certificate specifying the amount of the next ensuing sinking fund payment for such Securities pursuant
to the terms of such Securities, the portion thereof, if any, which is to be satisfied by payment of cash in the currency in which the Securities of such series are payable (except as provided pursuant to Section 3.01) and the portion thereof,
if any, which is to be satisfied by delivering and crediting Securities pursuant to Section 12.02 and will also deliver to the Trustee any Securities to be so delivered. Such Certificate shall be irrevocable and upon its delivery the Company
shall be obligated to make the cash payment or payments 

  

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therein referred to, if any, on or before the succeeding sinking fund payment date. In the case of the failure of the Company to deliver such Certificate
(or, as required by this Indenture and the Securities specified in such Certificate), the sinking fund payment due on the succeeding sinking fund payment date for such series shall be paid entirely in cash and shall be sufficient to redeem the
principal amount of the Securities of such series subject to a mandatory sinking fund payment without the right to deliver or credit securities as provided in Section 12.02 and without the right to make the optional sinking fund payment with
respect to such series at such time. 
 Any sinking fund payment or payments (mandatory or optional) made in cash plus any unused balance of
any preceding sinking fund payments made with respect to the Securities of any particular series shall be applied by the Trustee (or by the Company if the Company is acting as its own Paying Agent) on the sinking fund payment date on which such
payment is made (or, if such payment is made before a sinking fund payment date, on the sinking fund payment date immediately following the date of such payment) to the redemption of Securities of such series at the redemption price specified in
such Securities with respect to the sinking fund. Any sinking fund moneys not so applied or allocated by the Trustee (or by the Company if the Company is acting as its own Paying Agent, segregated and held in trust as provided in Section 10.03)
for such series and together with such payment (or such amount so segregated) shall be applied in accordance with the provisions of this Section 12.03. Any and all sinking fund moneys with respect to the Securities of any particular series held
by the Trustee (or if the Company is acting as its own Paying Agent, segregated and held in trust as provided in Section 10.03) on the last sinking fund payment date with respect to Securities of such series and not held for the payment or
redemption of particular Securities of such series shall be applied by the Trustee (or by the Company if the Company is acting as its own Paying Agent), together with other moneys, if necessary, to be deposited (or segregated) sufficient for the
purpose, to the payment of the principal of the Securities of such series at Maturity. 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. On or before each sinking fund payment date, the Company shall pay to the Trustee (or, if the Company is acting as its own Paying Agent, the Company shall segregate and hold in trust as provided in Section 10.03) in cash
a sum in the currency in which Securities of such series are payable (except as provided pursuant to Section 3.01) equal to the principal and any interest accrued to the redemption date for Securities or portions thereof to be redeemed on such
sinking fund payment date pursuant to this Section 12.03. 
 Neither the Trustee nor the Company shall redeem any Securities of a series
with sinking fund moneys or mail any notice of redemption of Securities of such series by operation of the sinking fund for such series during the continuance of a default in payment of interest, if any, on any Securities of such series or of any
Event of Default (other than an Event of Default occurring as a consequence of this paragraph) with respect to the securities of such series, except that if the notice of redemption shall have been provided in accordance with the provisions hereof,
the Trustee (or the Company if the Company is then acting as its own Paying Agent) shall redeem such Securities if cash sufficient for that purpose shall be deposited with the Trustee (or segregated by the Company) for that purpose in accordance
with the terms of this Article XII. Except as aforesaid, any moneys in the sinking fund for such series at the time when 

  

 -52- 

 
any such default or Event of Default shall occur and any moneys thereafter paid into such sinking fund shall, during the continuance of such default or Event
of Default, be held as security for the payment of the Securities of such series; provided, however, that in case such default or Event of Default shall have been cured or waived herein, such moneys shall thereafter be applied on the
next sinking fund payment date for the Securities of such series on which such moneys may be applied pursuant to the provisions of this Section 12.03. 
 ARTICLE XIII 
 Subordination 
 SECTION 13.01. Agreement of Securityholders that Securities Subordinated to Extent Provided. The Company, for itself, its successors and
assigns, covenants and agrees and each Holder of the Securities by his acceptance thereof likewise covenants and agrees that the payment of the principal of, premium, if any, and interest, if any, on each and all of the Securities (other than
Securities discharged or defeased pursuant to Article IV) is hereby expressly subordinated and junior in right of payment, to the extent and in the manner hereinafter set forth, to the prior payment in full, in cash or cash equivalents, of all
Senior Indebtedness. The provisions of this Article shall constitute a continuing offer to all persons who, in reliance upon such provisions, become holders of, or continue to hold, Senior Indebtedness, and such provisions are made for the benefit
of the holders of Senior Indebtedness, and such holders are hereby made obligees hereunder the same as if their names were written herein as such, and they and/or each of them may proceed to enforce such provisions. 
 SECTION 13.02. Rights of Holders of Senior Indebtedness. 
 (a) If Senior Indebtedness has not been paid when due and any applicable grace period with respect to such default has ended and such default has not been cured or waived or ceased to exist, then no payment of the
principal of (including redemption payments), premium, if any, or interest on the Securities shall be made; 
 (b) If the maturity of any
Senior Indebtedness is accelerated because of an event of default, no payment of the principal of (including redemption payments) premium, if any, or interest on the Securities shall be made until such Senior Indebtedness is paid in full or such
acceleration has been rescinded; and 
 (c) No holder of Senior Indebtedness shall be prejudiced in his or her right to enforce subordination
of the Securities by any act or failure to act on the part of the Company. 
 SECTION 13.03. Securities Subordinated to Prior Payment of
all Senior Indebtedness on Dissolution, Liquidation or Reorganization of Company. Upon any distribution of assets of the Company, to creditors upon any dissolution, winding up, liquidation or reorganization, whether voluntary or
involuntary, or in bankruptcy, insolvency, receivership or other proceedings of the Company: 
 (a) the holders of all Senior Indebtedness
shall first be entitled to receive payment in full in cash or cash equivalents of the principal thereof, premium, if any, and interest (including any interest accrued on such Senior Indebtedness subsequent to the commencement of a bankruptcy,
insolvency, receivership or similar proceeding), if any, due thereon before the 

  

 -53- 

 
Holders of the Securities are entitled to receive any payment on account of the principal of, premium, if any, or interest, if any, on the Securities or any
distribution of any assets or securities; 
 (b) any payment or distribution of assets of the Company of any kind or character, whether in
cash, property or securities, to which the Holders of the Securities or the Trustees would be entitled except for the provisions of this Article Fourteen, shall be paid by the trustee in bankruptcy, receiver, liquidating trustee, custodian,
assignee, agent or other person making such payment or distribution directly to the holders of Senior Indebtedness or their representative or representatives, or to the trustee or trustees under any indenture under which any instruments evidencing
any of such Senior Indebtedness may have been issued, to the extent necessary to make payment in full of all Senior Indebtedness remaining unpaid, after giving effect to any concurrent payment or distribution or provision therefor to the holders of
such Senior Indebtedness; 
 (c) in the event that notwithstanding the foregoing provisions of this Section 13.03, the Company shall
make any payment to the Trustee on account of the principal of or premium, if any, or interest, if any, on the Securities, or on account of any sinking fund, or the Holders of the Securities shall receive any such payment when such payment is
prohibited by this Section 13.03 and before all amounts payable on, under or in connection with Senior Indebtedness are paid in full in cash or cash equivalents, then and in such event, such payment (subject to the provisions of Sections 13.06
and 13.07) shall be held by the Trustee or the Holders of the Securities, as the case may be, in trust for the benefit of, and shall be paid over and delivered forthwith to the trustee in bankruptcy, receiver, liquidating trustee, custodian,
assignee, agent or other person making payment or distribution of assets of the Company for application to the payment of all Senior Indebtedness remaining unpaid to the extent necessary to pay all Senior Indebtedness in full in accordance with the
terms of such Senior Indebtedness, after giving effect to any concurrent payment or distribution or provision therefor to the holders of such Senior Indebtedness. 
 SECTION 13.04. Obligation of the Company Unconditional. Nothing contained in this Article XIII or elsewhere in this Indenture or in the Securities is intended to or shall impair as between the Company and the
Holders of the Securities, the obligation of the Company, which is absolute and unconditional, to pay to the Holders of the Securities the principal of, premium, if any, and interest, if any, on the Securities as and when the same shall become due
and payable in accordance with their terms, or is intended to or shall affect the relative rights of the Holders of the Securities and creditors of the Company other than the holders of the Senior Indebtedness, nor shall anything herein or therein
prevent the Trustee or the Holder of any Security from exercising all remedies otherwise permitted by applicable law upon default under this Indenture, subject to the rights, if any, under this Article XIII of the holders of Senior Indebtedness in
respect of cash, property, or securities of the Company received upon the exercise of any such remedy. Upon any distribution of assets of the Company referred to in this Article XIII, the Trustee, subject to the provisions of Section 6.01, and
the Holders of the Securities shall be entitled to rely upon any order or decree made by any court of competent jurisdiction in which such liquidation, dissolution, winding up, or reorganization proceedings are pending, or a certificate of the
liquidating trustee or agent or other person making any distribution to the Trustee or to the Holders of the Securities, for the purpose of ascertaining the 

  

 -54- 

 
persons entitled to participate in such distribution, the holders of the Senior Indebtedness and other indebtedness of the Company, the amount thereof or
payable thereon, the amount or amounts paid or distributed thereon and all other facts pertinent thereto or to this Article XIII. 
 SECTION
13.05. Trustee Entitled to Assume Payments Not Prohibited in Absence of Notice. The Trustee shall not at any time be charged with knowledge of the existence of any facts which would prohibit the making of any payment of monies to or by
the Trustee, unless and until a Responsible Officer of the Trustee shall have received written notice thereof from the Company or from one or more holders of Senior Indebtedness or from any trustee therefor; and, prior to the receipt of any such
written notice, the Trustee, subject to the provisions of Section 6.01, shall be entitled to assume conclusively that no such facts exist. 
 SECTION 13.06. Application by Trustee of Monies Deposited With It. Anything in this Indenture to the contrary notwithstanding, any deposit of monies by the Company with the Trustee or any paying agent (whether or not in trust) for
the payment of the principal of or premium, if any, or interest, if any, on any Securities shall be subject to the provisions of Sections 13.01, 13.02 and 13.03 except that, if prior to the date on which by the terms of this Indenture any such
monies may become payable for any purpose (including, without limitation, the payment of either the principal of or the interest or premium, if any, on any Security) a Responsible Officer of the Trustee shall not have received with respect to such
monies the notice provided for in Section 13.05, then, anything herein contained to the contrary notwithstanding, the Trustee shall have full power and authority to receive such monies and to apply the same to the purpose for which they were
received, and shall not be affected by any notice to the contrary which may be received by it on or after such date. 
 SECTION 13.07.
Subordination Rights not Impaired by Acts or Omissions of Company or Holders of Senior Indebtedness. No right of any present or future holders of any Senior Indebtedness to enforce subordination as herein provided shall at any time in any way
be prejudiced or impaired by any act or failure to act on the part of the Company or by any act or failure to act, in good faith, by any such holder, or by any noncompliance by the Company with the terms, provisions and covenants of this Indenture,
regardless of any knowledge thereof which any such holder may have or be otherwise charged with. 
 SECTION 13.08. Securityholders
Authorize Trustee to Effectuate Subordination of Securities. Each Holder of the Securities by his acceptance thereof authorizes and expressly directs the Trustee on his behalf to take such action as may be necessary or appropriate to
effectuate the subordination provided in this Article XIII and appoints the Trustee his attorney-in-fact for such purpose, including, in the event of any dissolution, winding up, liquidation or reorganization of the Company (whether in bankruptcy,
insolvency or receivership proceedings or upon an assignment for the benefit of creditors or otherwise) tending towards liquidation of the business and assets of the Company, the immediate filing of a claim for the unpaid balance of its or his
Securities in the form required in said proceedings and cause said claim to be approved. 
 SECTION 13.09. Right of Trustee to Hold Senior
Indebtedness. The Trustee shall be entitled to all of the rights set forth in this Article XIII in respect of any Senior Indebtedness at any time held by it to the same extent as any other holder of Senior Indebtedness, and nothing in
Section 6.13 or elsewhere in this Indenture shall be construed to deprive the Trustee of any of its rights as such Holder. 
  

 -55- 

 SECTION 13.10. Article XIII Not to Prevent Events of Default. The failure to make a payment on
account of principal, interest or sinking fund by reason of any provision in this Article XIII shall not be construed as preventing the occurrence of an Event of Default under Section 5.01. 
 SECTION 13.11. Subrogation. Subject to the payment in full of all amounts due in respect of Senior Indebtedness, the rights of the Holders shall
be subrogated to the rights of the holders of such Senior Indebtedness to receive payments or distributions of cash, property or securities of the Company, as the case may be, applicable to such Senior Indebtedness until the principal of (and
premium, if any) and interest on the Securities shall be paid in full; and, for the purposes of such subrogation, no payments or distributions to the holders of such Senior Indebtedness of any cash, property or securities to which the Holders or the
Trustee would be entitled except for the provisions of this Article XIII, and no payment over pursuant to the provisions of this Article XIII to or for the benefit of the holders of such Senior Indebtedness by Holders or the Trustee, shall, as
between the Company, its creditors other than holders of Senior Indebtedness of the Company, and the Holders, be deemed to be a payment by the Company to or on account of such Senior Indebtedness. It is understood that the provisions of this Article
XIII are and are intended solely for the purposes of defining the relative rights of the Holders, on the one hand, and the holders of such Senior Indebtedness, on the other hand. 
 ARTICLE XIV 
 Miscellaneous 
 SECTION 14.01. Miscellaneous. 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. 
  

 -56- 

 IN WITNESS WHEREOF, the parties hereto have caused this Indenture to be duly executed, and their
respective corporate seals to be hereunto affixed and attested, all as of the day and year first above written. 
  

			
	NATIONWIDE FINANCIAL SERVICES, INC.
		
	By:	 	  
	Name:	 	
	Title:	 	

  

	
	Seal
	
	Attest:
	
	   
	Secretary

  

			
	WILMINGTON TRUST COMPANY,
  as Trustee
		
	By:	 	  
	Name:	 	
	Title:	 	

  

	
	Seal
	
	Attest:
	
	   
	Assistant Secretary

  

 -57-Form of Sixth Supplemental Indenture

 Exhibit (4)(b)(2) 
  

 XEROX CORPORATION,

 as Issuer 
 and

 WELLS FARGO BANK, NATIONAL ASSOCIATION, 
 as Trustee 
  

 SIXTH SUPPLEMENTAL INDENTURE 
 Dated as of May [•], 2007 
 to Indenture dated as of June 25, 2003 
  

 All Series of Securities Created After the 
 Date of this Supplemental Indenture 
  

 XEROX CORPORATION 
 RECONCILIATION AND TIE BETWEEN TRUST 
 INDENTURE ACT OF 1939 AND INDENTURE 
  

			
	 Trust Indenture
 Act Section
	  	Indenture Section
	 310(a)(1)
	  	707
	 (a)(2)
	  	707
	 (a)(3)
	  	N.A.
	 (a)(4)
	  	N.A.
	 (a)(5)
	  	N.A.
	 (b)
	  	704, 708(d)
	 (c)
	  	N.A.
	 311(a)
	  	704
	 (b)
	  	704
	 (c)
	  	N.A.
	 312(a)
	  	801
	 (b)
	  	207, 801
	 (c)
	  	801
	 313(a)
	  	201, 802
	 (b)
	  	802
	 (c)
	  	206, 701, 802
	 (d)
	  	802
	 314(a)
	  	203, 1105, 1114
	 (b)
	  	N.A.
	 (c)(1)
	  	203
	 (c)(2)
	  	203
	 (c)(3)
	  	N.A.
	 (d)
	  	N.A.
	 (e)
	  	203
	 (f)
	  	N.A.
	 315(a)
	  	702
	 (b)
	  	206, 701, 702
	 (c)
	  	702
	 (d)
	  	702
	 (e)
	  	603, 708(d)
	 316(a)(last sentence)
	  	N.A.
	 (a)(1)(A)
	  	612
	 (a)(1)(B)
	  	613
	 (a)(2)
	  	N.A.
	 (b)
	  	608
	 (c)
	  	1102
	 317(a)(1)
	  	603
	 (a)(2)
	  	604

  

			
	 Trust Indenture
 Act Section
	  	Indenture Section
	 (b)
	  	417
	 318(a)
	  	213

 N.A. means not applicable. 

	Note:    This	reconciliation and tie shall not, for any purpose, be deemed to be a part of this Supplemental Indenture. 

 TABLE OF CONTENTS 
  

					
	 	  	Page
	 PARTIES
	  	1
	 RECITALS OF THE COMPANY
	  	1
		
	ARTICLE ONE	  	
		
	APPLICATION OF SUPPLEMENTAL INDENTURE	  	
			
	 SECTION 101.
	  	Application of This Supplemental Indenture.	  	2
	 SECTION 102.
	  	Effect of Supplemental Indenture.	  	2
		
	ARTICLE TWO	  	
		
	DEFINITIONS AND OTHER PROVISIONS OF GENERAL APPLICATION	  	
			
	 SECTION 201.
	  	Definitions.	  	3
	 SECTION 202.
	  	Rules of Construction.	  	12
	 SECTION 203.
	  	Compliance Certificates and Opinions.	  	13
	 SECTION 204.
	  	Form of Documents Delivered to Trustee.	  	13
	 SECTION 205.
	  	Acts of Holders.	  	14
	 SECTION 206.
	  	Notices, etc., to Trustee and Company.	  	15
	 SECTION 207.
	  	Notice to Holders; Waiver.	  	15
	 SECTION 208.
	  	Effect of Headings and Table of Contents.	  	15
	 SECTION 209.
	  	Successors.	  	15
	 SECTION 210.
	  	Separability Clause.	  	16
	 SECTION 211.
	  	Benefits of Indenture.	  	16
	 SECTION 212.
	  	Governing Law.	  	16
	 SECTION 213.
	  	Conflict with Trust Indenture Act.	  	16
	 SECTION 214.
	  	Legal Holidays.	  	16
	 SECTION 215.
	  	Unclaimed Money; Prescription.	  	17
	 SECTION 216.
	  	No Recourse Against Others.	  	17
	 SECTION 217.
	  	Multiple Originals.	  	17
	 SECTION 218.
	  	No Adverse Interpretation of Other Agreements.	  	17
	 SECTION 219.
	  	Securities Denominated in a Currency Other Than United States Dollars.	  	17

 ARTICLE THREE 
 RESERVED 
 ARTICLE FOUR 
 SECURITIES 
  

					
	 SECTION 401.
	  	Execution, Authentication, Delivery and Dating.	  	18
		
	ARTICLE FIVE	  	
		
	SATISFACTION AND DISCHARGE	  	
			
	 SECTION 501.
	  	Satisfaction and Discharge of Indenture.	  	19
	 SECTION 502.
	  	Application of Trust Money.	  	19
		
	ARTICLE SIX	  	
		
	REMEDIES	  	
			
	 SECTION 601.
	  	Events of Default.	  	20
	 SECTION 602.
	  	Acceleration of Maturity; Rescission and Annulment.	  	21
	 SECTION 603.
	  	Collection of Indebtedness and Suits for Enforcement by Trustee.	  	22
	 SECTION 604.
	  	Trustee May File Proofs of Claim.	  	22
	 SECTION 605.
	  	Trustee May Enforce Claims Without Possession of Securities.	  	23
	 SECTION 606.
	  	Application of Money Collected.	  	23
	 SECTION 607.
	  	Limitation on Suits.	  	24
	 SECTION 608.
	  	Unconditional Right of Holders to Receive Principal, Premium and Interest.	  	24
	 SECTION 609.
	  	Restoration of Rights and Remedies.	  	25
	 SECTION 610.
	  	Rights and Remedies Cumulative.	  	25
	 SECTION 611.
	  	Delay or Omission Not Waiver.	  	25
	 SECTION 612.
	  	Control by Holders.	  	25
	 SECTION 613.
	  	Waiver of Past Defaults.	  	26
	 SECTION 614.
	  	Waiver of Stay or Extension Laws.	  	26
		
	ARTICLE SEVEN	  	
		
	THE TRUSTEE	  	
			
	 SECTION 701.
	  	Notice of Defaults.	  	26
	 SECTION 702.
	  	Certain Rights of Trustee.	  	27
	 SECTION 703.
	  	Trustee Not Responsible for Recitals or Issuance of Securities.	  	28

  

 ii 

					
	 SECTION 704.
	  	Trustee May Hold Securities.	  	28
	 SECTION 705.
	  	Money Held in Trust.	  	28
	 SECTION 706.
	  	Compensation and Reimbursement.	  	28
	 SECTION 707.
	  	Corporate Trustee Required; Eligibility.	  	29
	 SECTION 708.
	  	Resignation and Removal; Appointment of Successor.	  	29
	 SECTION 709.
	  	Acceptance of Appointment by Successor.	  	31
	 SECTION 710.
	  	Merger, Conversion, Consolidation or Succession to Business.	  	31
		
	ARTICLE EIGHT	  	
		
	HOLDERS’ LISTS AND REPORTS BY TRUSTEE AND COMPANY	  	
			
	 SECTION 801.
	  	Disclosure of Names and Addresses of Holders; Holders’ List.	  	31
	 SECTION 802.
	  	Reports by Trustee.	  	32
		
	ARTICLE NINE	  	
		
	MERGER, CONSOLIDATION AND SALE OF ASSETS	  	
			
	 SECTION 901.
	  	Company May Consolidate, etc., Only on Certain Terms.	  	32
	 SECTION 902.
	  	Successor Substituted.	  	33
		
	ARTICLE TEN	  	
		
	SUPPLEMENTAL INDENTURES	  	
			
	 SECTION 1001.
	  	Supplemental Indentures Without Consent of Holders.	  	33
	 SECTION 1002.
	  	Supplemental Indentures and Waivers With Consent of Holders.	  	34
	 SECTION 1003.
	  	Execution of Supplemental Indentures.	  	35
	 SECTION 1004.
	  	Effect of Supplemental Indentures.	  	35
	 SECTION 1005.
	  	Conformity with Trust Indenture Act.	  	35
	 SECTION 1006.
	  	Reference in Securities to Supplemental Indentures.	  	35
	 SECTION 1007.
	  	Notice of Supplemental Indentures.	  	36
	 SECTION 1008.
	  	Record Date.	  	36
		
	ARTICLE ELEVEN	  	
		
	COVENANTS	  	
			
	 SECTION 1101.
	  	Payment of Principal, Premium, if any, and Interest.	  	36
	 SECTION 1102.
	  	Maintenance of Office or Agency.	  	36
	 SECTION 1103.
	  	Money for Security Payments to Be Held in Trust.	  	37
	 SECTION 1104.
	  	Corporate Existence.	  	38
	 SECTION 1105.
	  	Statement by Officers as to Compliance.	  	38
	 SECTION 1106.
	  	RESERVED.	  	38

  

 iii 

					
	 SECTION 1107.
	  	RESERVED.	  	38
	 SECTION 1108.
	  	RESERVED.	  	38
	 SECTION 1109.
	  	RESERVED.	  	38
	 SECTION 1110.
	  	RESERVED.	  	38
	 SECTION 1111.
	  	RESERVED.	  	38
	 SECTION 1112.
	  	Limitation on Liens.	  	38
	 SECTION 1113.
	  	RESERVED.	  	40
	 SECTION 1114.
	  	RESERVED.	  	40
	 SECTION 1115.
	  	RESERVED.	  	40
		
	ARTICLE TWELVE	  	
		
	RESERVED	  	
		
	ARTICLE THIRTEEN	  	
		
	LEGAL DEFEASANCE AND COVENANT DEFEASANCE	  	
			
	 SECTION 1301.
	  	Company’s Option to Effect Legal Defeasance or Covenant Defeasance.	  	41
	 SECTION 1302.
	  	Legal Defeasance and Discharge.	  	41
	 SECTION 1303.
	  	Covenant Defeasance.	  	41
	 SECTION 1304.
	  	Conditions to Legal Defeasance or Covenant Defeasance.	  	42
	 SECTION 1305.
	  	Deposited Money and U.S. Government Obligations to Be Held in Trust; Other Miscellaneous Provisions.	  	43
	 SECTION 1306.
	  	Reinstatement.	  	44

  

 iv 

 SIXTH SUPPLEMENTAL INDENTURE, dated as of May [•], 2007 (the “Supplemental
Indenture”), by and between XEROX CORPORATION, a corporation duly organized and existing under the laws of the State of New York (herein called, the “Company”), having its principal office at 800 Long Ridge Road,
P.O. Box 1600, Stamford, Connecticut 06904 and WELLS FARGO BANK, NATIONAL ASSOCIATION, a national banking association, as trustee (herein called, the “Trustee”) to the Indenture, dated as of June 25, 2003 between the Company
and the Trustee as successor by merger to Wells Fargo Bank Minnesota, National Association (the “Base Indenture” and as supplemented by the First Supplemental Indenture, dated as of June 25, 2003, the Second Supplemental
Indenture, dated as of August 10, 2004, the Third Supplemental Indenture, dated as of March 20, 2006, the Fourth Supplemental Indenture, dated as of August 18, 2006 and the Fifth Supplemental Indenture dated as of August 18,
2006, each among the Company, the guarantors party thereto and the Trustee as successor by merger to Wells Fargo Bank Minnesota, National Association and this Supplemental Indenture between the Company and the Trustee, in respect of all Securities
of each series created after the date of this Supplemental Indenture, the “Indenture”). 
 RECITALS OF THE COMPANY

 WHEREAS, the Company and the Trustee entered into the Base Indenture to provide for the issuance from time to time of unsecured
debentures, notes, bonds or other evidences of indebtedness (including instruments in global, temporary or definitive form) to be issued in one or more series (hereinafter called the “Securities”) as the Base Indenture provides;

 WHEREAS, this Supplemental Indenture shall be subject to and governed by the provisions of the Trust Indenture Act; 
 WHEREAS, the execution of this Supplemental Indenture has been duly authorized by the Board of Directors of the Company and all things necessary
to make this Supplemental Indenture a valid, binding and legal instrument according to its terms have been done and performed; and 
 WHEREAS, all things necessary have been done to make this Supplemental Indenture a valid agreement of the Company, in accordance with its terms. 
 NOW, THEREFORE, THIS SUPPLEMENTAL INDENTURE WITNESSETH: 
 For and in consideration of the premises and
the purchase of all Securities of each series created after the date of this Supplemental Indenture by the Holders thereof, it is mutually covenanted and agreed, for the equal and proportionate benefit of all Holders of all Securities of each series
created after the date of this Supplemental Indenture, as follows: 

 ARTICLE ONE 
 APPLICATION OF SUPPLEMENTAL INDENTURE 
 SECTION 101. Application of This Supplemental Indenture. 

Notwithstanding any other provision of this Supplemental Indenture, the provisions of this Supplemental Indenture, including as provided in
Section 102 below, are expressly and solely for the benefit of the Holders of all Securities of each series created after the date of this Supplemental Indenture. Unless otherwise expressly specified, references in this Supplemental Indenture
to specific Article numbers or Section numbers refer to Articles and Sections contained in this Supplemental Indenture, and not the Base Indenture or any other document. 
 SECTION 102. Effect of Supplemental Indenture. 
 With respect to all Securities of each series created
after the date of this Supplemental Indenture only, the Base Indenture shall be supplemented pursuant to Section 9.01 thereof to make the provisions of this Supplemental Indenture applicable to all Securities of each series created after the
date of this Supplemental Indenture as set forth in this Supplemental Indenture, including as follows: 
 (a) Definitions. The
definitions and other provisions of general application set forth in Section 1.01 of the Base Indenture are deleted and replaced in their entirety by the provisions of Section 201 of this Supplemental Indenture; 
 (b) Provisions of General Application and Security Forms. Sections 1.02 through 1.15 of the Base Indenture are deleted and replaced in their
entirety by the provisions of Article Two (other than Section 201 of this Supplemental Indenture) of this Supplemental Indenture; 
 (c) Execution. The provisions of Section 3.03 of the Base Indenture are deleted and replaced in their entirety by the provisions of Section 401 of this Supplemental Indenture; 
 (d) Covenants. The provisions of Article Five of the Base Indenture are deleted and replaced in their entirety by the provisions of
Article Eleven of this Supplemental Indenture; 
 (e) Holders Lists and Reports by Trustee and Company. The provisions of Article
Six of the Base Indenture are deleted and replaced in their entirety by Article Eight of this Supplemental Indenture; 
 (f)
Remedies. The provisions of Article Seven of the Base Indenture are deleted and replaced in their entirety by the provisions of Article Six of this Supplemental Indenture; 
 (g) The Trustee. The provisions of Article Eight of the Base Indenture are deleted and replaced in their entirety by the provisions of
Article Seven of this Supplemental Indenture; 
  

 2 

 (h) Amendments and Waivers. The provisions of Article Nine of the Base Indenture are deleted
and replaced in their entirety by the provisions of Article Ten of this Supplemental Indenture; 
 (i) Consolidation, Merger, Sale of
Assets. The provisions of Article Ten of the Base Indenture are deleted and replaced in their entirety by the provisions of Article Nine of this Supplemental Indenture; 
 (j) Satisfaction and Discharge. The provisions of Article Eleven of the Base Indenture are deleted and replaced in their entirety by the
provisions of Article Five of this Supplemental Indenture; 
 (k) Immunity of Incorporators, Stockholders, Officers and
Directors. The provisions of Article Twelve of the Base Indenture are deleted in their entirety; and 
 (l) Meetings of Holders
of Securities. The provisions of Article Thirteen of the Base Indenture are deleted in their entirety. 
 The provisions of Article
Thirteen of this Supplemental Indenture shall supplement the Base Indenture. 
 To the extent that the provisions of this Supplemental
Indenture (including those referred to in clauses (a) through (l) above) conflict with any provision of the Base Indenture, the provisions of this Supplemental Indenture shall govern and be controlling. 
 ARTICLE TWO 
 DEFINITIONS AND OTHER
PROVISIONS 
 OF GENERAL APPLICATION 
 SECTION 201. Definitions. 
 For all purposes of this Supplemental Indenture, except as otherwise expressly provided or unless
the context otherwise requires: 
 “Act,” when used with respect to any Holder, has the meaning specified in
Section 205. 
 “Affiliate” means, with respect to any specified Person, any other Person who directly or indirectly
through one or more intermediaries controls, or is controlled by, or is under common control with, such specified Person. The term “control” means the possession, directly or indirectly, of the power to direct or cause the direction of the
management and policies of a Person, whether through the ownership of voting securities, by contract or otherwise; and the terms “controlling” and “controlled” have meanings correlative of the foregoing. 
 “Bankruptcy Law” means Title 11, United States Bankruptcy Code of 1978, as amended, or any similar United States federal or state
law relating to bankruptcy, insolvency, receivership, winding-up, liquidation, reorganization or relief of debtors or any amendment to, succession to or change in any such law. 
  

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 “Base Indenture” has the meaning provided in the first paragraph hereto. 
 “Board of Directors” means, as to any Person, the board of directors or similar governing body of such Person or any duly authorized
committee thereof. 
 “Board Resolution” means, with respect to any Person, a copy of a resolution certified by the
Secretary or an Assistant Secretary of such Person to have been duly adopted by the Board of Directors of such Person and to be in full force and effect on the date of such certification, and delivered to the Trustee. 
 “Business Day” means each Monday, Tuesday, Wednesday, Thursday and Friday which is not a day on which banking institutions in The City
of New York or Place of Payment are authorized or obligated by law or executive order to close. 
 “Capitalized Lease
Obligation” means, as to any Person, the obligations of such Person under a lease that are required to be classified and accounted for as capital lease obligations under GAAP and, for purposes of this definition, the amount of such
obligations at any date shall be the capitalized amount of such obligations at such date, determined in accordance with GAAP. 
 “Capital Markets Debt” means any Indebtedness that is a security (other than syndicated commercial loans) that is eligible for resale in the United States pursuant to Rule 144A under the Securities Act or outside the
United States pursuant to Regulation S of the Securities Act or a security (other than syndicated commercial loans) that is sold or subject to resale pursuant to a registration statement under the Securities Act. 
 “Capital Stock” means: 
 (1) with respect to any Person that is a corporation, any and all shares, interests, participations or other equivalents (however designated and whether or not voting) of corporate stock, including each class of
Common Stock and Preferred Stock of such Person; and 
 (2) with respect to any Person that is not a corporation, any and all
partnership, membership or other equity interests of such Person. 
 “Certificated Security” means a definitive Security
registered in physical certificated form. 
 “Commission” means the Securities and Exchange Commission. 
 “Common Stock” of any Person means any and all shares, interests or other participations in, and other equivalents (however designated
and whether voting or non-voting) of such Person’s common stock, whether outstanding on January 17, 2002 or issued thereafter, and includes, without limitation, all series and classes of such common stock. 
  

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 “Company” means the Person named as the “Company” in the first paragraph
hereto, until a successor Person shall have become such pursuant to the applicable provisions of this Supplemental 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, any Vice Chairman, its President, any Vice President, its Treasurer or an Assistant Treasurer, and delivered to the Trustee. 
 “Consolidated Net Worth” means, at any time, as to a given entity (a) the sum of the amounts appearing on the latest consolidated balance sheet of such entity and its Subsidiaries, prepared in accordance with generally
accepted accounting principles consistently applied, as (i) the par or stated value of all outstanding Capital Stock (including preferred stock), (ii) capital paid-in and earned surplus or earnings retained in the business plus or minus
cumulative translation adjustments, (iii) any unappropriated surplus reserves, (iv) any net unrealized appreciation of equity investment, and (v) minorities’ interests in equity of subsidiaries, less (b) treasury stock, plus
(c) in the case of the Company, $600.0 million. 
 “Corporate Trust Office” means a corporate trust office of the
Trustee, at which at any particular time its corporate trust business shall be administered, which office at the date of execution of this Supplemental Indenture is located at Sixth Street and Marquette Avenue, Minneapolis, MN 55479, Attn: Corporate
Trust Services, Xerox Administrator. 
 “Coupon Security” means any Security authenticated and delivered with one or more
interest coupons appertaining thereto. 
 “Covenant Defeasance” has the meaning specified in Section 1303. 

“Custodian” means the Trustee, in its capacity as custodian for the Depository or its nominee. 
 “Default” means an event or condition the occurrence of which is, or with the lapse of time or the giving of notice or both would be, an
Event of Default. 
 “Defaulted Interest” has the meaning specified in Section 3.07 of the Base Indenture. 

“Depositary”, with respect to a series of Securities, unless otherwise provided for that series, means Depository Trust Company, its
nominees and their respective successors; and with respect to all Securities of each series created after the date of this Supplemental Indenture issuable or issued, in whole or in part, in the form of a Global Security, means the Person designated
as Depositary by the Company pursuant to Section 3.01 of the Base Indenture. 
 “Disqualified Capital Stock” means that
portion of any Capital Stock which, by its terms (or by the terms of any security into which it is convertible or for which it is exchangeable at the option of the holder thereof), or upon the happening of any event (other than an event which would
constitute an asset sale or Change of Control), matures or is mandatorily redeemable (other than such Capital Stock that will be redeemed with Qualified Capital Stock), pursuant to a sinking fund obligation or otherwise, or is redeemable at the sole
option of the holder thereof (except, in each case, upon the occurrence of an asset sale or Change of Control) on or prior to the final maturity date of a series of Securities. 
  

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 “Event of Default” has the meaning specified in Section 601. 
 “Exchange Act” means the Securities Exchange Act of 1934, as amended, or any successor statute or statutes thereto. 
 “fair market value” means, with respect to any asset or property, the price which could be negotiated in an arm’s-length, free
market transaction, for cash, between a willing seller and a willing and able buyer, neither of whom is under undue pressure or compulsion to complete the transaction. 
 “Foreign Subsidiary” means a Restricted Subsidiary that is incorporated or formed in a jurisdiction other than the United States or a State thereof or the District of Columbia. 
 “Fully Registered Security” means any Security registered as to principal and interest. 
 “GAAP” means generally accepted accounting principles set forth in the opinions and pronouncements of the Accounting Principles Board of
the American Institute of Certified Public Accountants and statements and pronouncements of the Financial Accounting Standards Board or in such other statements by such other entity as may be approved by a significant segment of the accounting
profession of the United States, which are in effect from time to time. 
 “Global Security” means a Security issued to
evidence all or a part of any series of Securities which is executed by the Company and authenticated by the Trustee and delivered to the Depositary or pursuant to the Depositary’s instructions, all in accordance with this Indenture and
pursuant to a Company Order, which shall be registered in the name of the Depositary or its nominee and which shall represent the amount of uncertificated Securities of such series as specified therein. 
 “Holder” with respect to any Security means a Person in whose name such Security is registered in a Security Register. 
 “Indebtedness” means with respect to any Person, without duplication: 
 (1) all indebtedness of such Person for borrowed money; 
 (2) all indebtedness of such Person evidenced by bonds, debentures, notes or other similar instruments; 
 (3) all Capitalized Lease Obligations of such Person; 
 (4) all indebtedness of such Person issued or assumed as the deferred purchase price of property, all conditional sale obligations and all
indebtedness under any title retention agreement (but excluding trade accounts payable incurred in the ordinary course with a maturity of not greater than 90 days); 
  

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 (5) all indebtedness for the reimbursement of any obligor on any letter of credit,
banker’s acceptance or similar credit transaction (other than obligations with respect to letters of credit supporting obligations not for money borrowed entered into in the ordinary course of business of such Person to the extent such letters
of credit are not drawn upon or, if and to the extent drawn upon, such drawing is reimbursed no later than the fifth business day following payment on the letter of credit); 
 (6) guarantees and other contingent obligations in respect of Indebtedness referred to in clauses (1) through (5) above and
clause (8) below; 
 (7) all indebtedness of any other Person of the type referred to in clauses (1) through
(6) which are secured by any Lien on any property or asset of such Person, the amount of such indebtedness being deemed to be the lesser of the fair market value of such property or asset or the amount of the indebtedness so secured;

 (8) all indebtedness under currency agreements and interest swap agreements of such Person; and 
 (9) all Disqualified Capital Stock issued by such Person or any Preferred Stock of such Person or any Restricted Subsidiary of such Person
with the amount of Indebtedness represented by such Disqualified Capital Stock or Preferred Stock being equal to the greater of its voluntary or involuntary liquidation preference and its maximum fixed repurchase price, but excluding accrued
dividends, if any. 
 For purposes of this Supplemental Indenture, the “maximum fixed repurchase price” of any Disqualified Capital
Stock or Preferred Stock which does not have a fixed repurchase price shall be calculated in accordance with the terms of such Disqualified Capital Stock or Preferred Stock as if such Disqualified Capital Stock or Preferred Stock were purchased on
any date on which Indebtedness shall be required to be determined pursuant to this Supplemental Indenture, and if such price is based upon, or measured by, the fair market value of such Disqualified Capital Stock or Preferred Stock, such fair market
value shall be determined reasonably and in good faith by the Board of Directors of the issuer of such Disqualified Capital Stock or Preferred Stock. 
 Accrual of interest, accrual of dividends, the accretion of accreted value, the payment of interest in the form of additional Indebtedness and the payment of dividends in the form of additional shares of Preferred
Stock will not be deemed to be an incurrence of Indebtedness. The amount of any Indebtedness outstanding as of any date shall be (i) the accreted value of the Indebtedness in the case of any Indebtedness issued with original issue discount and
(ii) the principal amount or liquidation preference thereof. 
 “Indenture” has the meaning specified in the first
paragraph hereto. 
 “Legal Defeasance” has the meaning specified in Section 1302. 
  

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 “Lien” means any lien, mortgage, deed of trust, pledge, security interest, charge or
encumbrance of any kind (including any conditional sale or other title retention agreement, any lease in the nature thereof and any agreement to give any security interest). 
 “Maturity” or “Maturity Date” means, with respect to any Security, the date on which any principal of such Security
becomes due and payable as therein or herein provided, whether at the Stated Maturity with respect to such principal or by declaration of acceleration, call for redemption or purchase or otherwise. 
 “Officers’ Certificate” means, with respect to any Person, a certificate signed by the chief executive officer, the president or
any vice president and the chief financial officer, the treasurer, any assistant treasurer or the controller of such Person that shall comply with applicable provisions of this Supplemental Indenture and delivered to the Trustee. 
 “Opinion of Counsel” means a written opinion of counsel, who may be an officer, counsel or employee of the Company or Trustee, and who
shall be reasonably acceptable to the Trustee. 
 “Outstanding,” when used with respect to Securities or Securities of any
series, means, as of the date of determination, all such Securities theretofore authenticated and delivered under the Indenture, except: 
 (1) such Securities theretofore cancelled by the Trustee or delivered to the Trustee for cancellation; 
 (2) such Securities, or portions thereof, 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) in trust or set
aside and segregated in trust by the Company (if the Company 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 shall have been duly given
pursuant to the Indenture or provision therefor satisfactory to the Trustee has been made; 
 (3) Securities, except to the
extent provided in Sections 1302 and 1303, with respect to which the Company has effected Legal Defeasance and/or Covenant Defeasance as provided in Article Thirteen with respect to such Securities; and 
 (4) such Securities, in exchange for or in lieu of which other Securities have been authenticated and delivered pursuant to the 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 the Securities are valid obligations of the Company;

 provided, however, that in determining whether the Holders of the requisite principal amount of Outstanding Securities have given any
request, demand, authorization, direction, consent, notice or waiver hereunder, and for the purpose of making the calculations required by Section 313 of the Trust Indenture Act, Securities owned by the Company or any other obligor upon the

  

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 Securities or any Affiliate of the Company or such other obligor shall be disregarded and deemed not to be Outstanding,
except that, in determining whether the Trustee shall be protected in making such calculation or in relying upon any such request, demand, authorization, direction, notice, consent or waiver, only Securities which the Trustee actually 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 Securities and
that the pledgee is not the Company or any other obligor upon Securities or any Affiliate of the Company or such other obligor. 
 “Paying Agent” means any Person (including the Company acting as Paying Agent) authorized by the Company to pay the principal of (and premium, if any, on) or interest on any Securities on behalf of the Company. 

“Person” means an individual, partnership, corporation, limited liability company, unincorporated organization, trust or joint
venture, or a governmental agency or political subdivision thereof. 
 “Place of Payment” means a city or any political
subdivision thereof designated as such pursuant to Section 3.01 of the Base Indenture. 
 “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
of the Base Indenture in exchange for a mutilated security or in lieu of a lost, destroyed or stolen Security shall be deemed to evidence the same debt as the mutilated, lost, destroyed or stolen Security. 
 “Preferred Stock” of any Person means any Capital Stock of such Person that has preferential rights to any other Capital Stock of such
Person with respect to dividends or redemptions or upon liquidation. 
 “Qualified Capital Stock” means any Capital Stock
that is not Disqualified Capital Stock. 
 “Redemption Date,” when used with respect to any Security to be redeemed, in
whole or in part, means the date fixed for such redemption by or pursuant to the 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 the Indenture. 
 “Regular
Record Date” for the interest payable on any Security on any Interest Payment Date means the date, if any, specified in such Security as the “Regular Record Date”. 
 “Repayment Date”, when used with respect to any Security to be repaid, means the date fixed for such repayment pursuant to such
Security. 
 “Repayment Price”, when used with respect to any Security to be repaid, means the price at which it is to be
repaid pursuant to such Security. 
  

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 “Responsible Officer,” when used with respect to the Trustee, means the chairman or any
vice-chairman of the board of directors, the chairman or any vice-chairman of the executive committee of the board of directors, the chairman of the trust committee, the president, any vice president, the secretary, any assistant secretary, the
treasurer, any assistant treasurer, the cashier, any assistant cashier, any trust officer or assistant trust officer, the controller or any assistant controller 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.

 “Restricted Subsidiary” of any Person means any Subsidiary of such Person which at the time of determination is not an
Unrestricted Subsidiary. 
 “Securities” has the meaning specified in the recitals to this Supplemental Indenture.

 “Securities Act” means the Securities Act of 1933, as amended, or any successor statute or statutes thereto. 

“Security Register” and “Security Registrar” have the respective meanings specified in Section 3.05 or the Base
Indenture. 
 “Significant Subsidiary,” with respect to any Person, means any Restricted Subsidiary of such Person that
satisfies the criteria for a “significant subsidiary” set forth in Rule 1.02 of Regulation S-X under the Exchange Act as such Regulation is in effect on January 17, 2002. 
 “Special Record Date” for the payment of any Defaulted Interest means a date fixed by the Trustee pursuant to Section 3.07 of the
Base Indenture. 
 “Specified Subsidiary” means any Subsidiary of the Company from time to time having a Consolidated Net
Worth Amount of at least $100.0 million; provided, however, that each of Xerox Financial Services, Inc., Xerox Credit Corporation and any other Subsidiary principally engaged in any business or businesses other than development,
manufacture and/or marketing of (x) business equipment (including, without limitation, reprographic, computer (including software) and facsimile equipment), (y) merchandise or (z) services (other than financial services) shall be
excluded as a “Specified Subsidiary” of the Company. 
 “Stated Maturity” when used with respect to any
Indebtedness or any installment of interest thereon means the dates specified in such Indebtedness as the fixed date on which the principal of or premiums on such Indebtedness or such installment of interest is due and payable, and shall not include
any contingent obligations to repay, redeem or repurchase any such interest or principal prior to the date originally scheduled for the payment thereof. 
 “Subordinated Indebtedness” means Indebtedness of the Company that is subordinated or junior in right of payment to the Securities. 
  

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 “Subsidiary,” with respect to any Person, means: 
 (1) any corporation of which the outstanding Capital Stock having at least a majority of the votes entitled to be cast in the election of
directors under ordinary circumstances shall at the time be owned, directly or indirectly, by such Person; or 
 (2) any other
Person of which at least a majority of the voting interest under ordinary circumstances is at the time, directly or indirectly, owned by such Person. 
 “Supplemental Indenture” has the meaning specified in the first paragraph hereto. 
 “Surviving Entity” has the meaning specified in Section 901(a) of this Supplemental Indenture. 
 “Trust Indenture Act” or “TEA” means the Trust Indenture Act of 1939, as amended. 
 “Trustee” means the Person named as the Trustee in the first paragraph hereto until a successor Trustee shall have become such pursuant to the applicable provisions of this Supplemental Indenture, and thereafter
“Trustee” shall mean such successor Trustee. 
 “Unregistered Security” means any Coupon Security, or bearer
Security, not registered as to principal. 
 “Unrestricted Subsidiary” of any Person means: 
 (1) the Subsidiary to be so designated has total assets of $1,000 or less or any Subsidiary of such Person that at the time of
determination shall be or continue to be designated an Unrestricted Subsidiary by the Board of Directors of such Person in the manner provided below; and 
 (2) any Subsidiary of an Unrestricted Subsidiary. 
 The Board of Directors may designate any Subsidiary
(including any newly acquired or newly formed Subsidiary) to be an Unrestricted Subsidiary unless such Subsidiary owns any Capital Stock of, or owns or holds any Lien on any property of, the Company or any other Subsidiary of the Company that is not
a Subsidiary of the Subsidiary to be so designated; provided that each Subsidiary to be so designated and each of its Subsidiaries has not at the time of designation, and does not thereafter, create, incur, issue, assume, guarantee or
otherwise become directly or indirectly liable with respect to any Indebtedness pursuant to which the lender has recourse to any of the assets of the Company or any of its Restricted Subsidiaries. 
 The Board of Directors may designate any Unrestricted Subsidiary to be a Restricted Subsidiary only if immediately before and immediately after giving
effect to such designation, no Default or Event of Default shall have occurred and be continuing. 
 Any such designation by the Board of
Directors shall be evidenced to the Trustee by promptly filing with the Trustee a copy of the Board Resolution giving effect to such designation and an Officers’ Certificate certifying that such designation complied with the foregoing
provisions. 
  

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 “U.S. Government Obligations” means securities that are (i) direct obligations of
the United States for the timely payment of which its full faith and credit is pledged or (ii) obligations of a Person controlled or supervised by and acting as an agency or instrumentality of the United States, the timely payment of which is
unconditionally guaranteed as a full faith and credit obligation by the United States, which, in either case, are not callable or redeemable at the option of the issuer thereof, and shall also include a depository receipt issued by a bank (as
defined in Section 3(a)(2) of the Securities Act) as custodian with respect to any such U.S. Government Obligation or a specific payment of principal of or interest on any such U.S. Government Obligation held by such custodian for the
account of the holder of such depository receipt; 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 depository receipt from any amount received by
the custodian in respect of the U.S. Government Obligation or the specific payment of principal of or interest on the U.S. Government Obligation evidenced by such depository receipt. 
 “Wholly Owned Restricted Subsidiary” of any Person means any Wholly Owned Subsidiary of such Person which at the time of determination
is a Restricted Subsidiary of such Person. 
 “Wholly Owned Subsidiary” of any Person means any Subsidiary of such Person of
which all the outstanding voting securities (other than in the case of a Foreign Subsidiary, directors’ qualifying shares or an immaterial amount of shares required to be owned by other Persons pursuant to applicable law) are owned by such
Person or any Wholly Owned Subsidiary of such Person. 
 SECTION 202. Rules of Construction. 
 Unless the context otherwise requires: 
 (a)
the terms defined in this Article Two have the meanings assigned to them in this Article Two, and include the plural as well as the singular; 
 (b) all terms used herein which are defined in the Trust Indenture Act or the rules and regulations of the Commission hereunder, either directly or by reference therein, have the meanings assigned to them therein; 
 (c) all accounting terms not otherwise defined herein have the meanings assigned to them in accordance with GAAP; 
 (d) the words “herein,” “hereof” and “hereunder” and other words of similar import refer to this Supplemental Indenture as
a whole and not to any particular Article, Section or other subdivision; 
  

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 (e) references to any Article, Section or other subdivision in this Supplemental Indenture, unless
otherwise described, are references to an Article, Section or subdivision of this Supplemental Indenture; 
 (f) “or” is not
exclusive; 
 (g) words used herein implying any gender shall apply to every gender; and 
 (h) unsecured Indebtedness shall not be deemed to be subordinate or junior to secured Indebtedness merely by virtue of its nature as unsecured
Indebtedness. 
 SECTION 203. Compliance Certificates and Opinions. 
 Upon any application or request by the Company to the Trustee to take any action under any provision of this Supplemental Indenture, the Company shall furnish to the Trustee an Officers’ Certificate stating that
all conditions precedent, if any, provided for in the Indenture (including any covenant compliance with which constitutes a condition precedent) relating to the proposed action have been complied with and an Opinion of Counsel stating that in the
opinion of such counsel all such conditions precedent, if any, have been complied with, except that in the case of any such application or request as to which the furnishing of such documents is specifically required by any provision of this
Supplemental Indenture relating to such particular application or request, no additional certificate or opinion need be furnished. 
 Every
certificate or opinion with respect to compliance with a condition or covenant provided for in the Indenture (other than pursuant to Section 1105) 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 204. 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. 
  

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 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. In giving such opinion, such counsel may rely upon opinions of outside counsel reasonably satisfactory to the Trustee. 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, unless 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 the Indenture, they may, but need not, be consolidated and form one instrument. 
 SECTION 205.
Acts of Holders. 
 (a) Any request, demand, authorization, direction, notice, consent, waiver or other action provided by the
Indenture to be given or taken by Holders of Securities may be embodied in and evidenced by one or more instruments of substantially similar tenor signed by Holders of Securities in person or by agents 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 Supplemental Indenture and conclusive in favor of the Trustee and the Company, if made in the manner provided in this Section 205. 
 (b) 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 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. 
 (c) The principal amount and serial numbers
of Securities held by any Person, and the date of holding the same, shall be proved by the applicable Security Register. 
 (d) 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 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. 
  

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 SECTION 206. Notices, etc., to Trustee and Company. 
 Any request, demand, authorization, direction, notice, consent, waiver or Act of Holders of Securities or other document provided or permitted by the
Indenture to be made upon, given or furnished to, or filed with, 
 (1) the Trustee by any Holder or by the Company shall be
sufficient for every purpose hereunder if made, given, furnished or filed in writing to or with the Trustee at its Corporate Trust Office, to the attention of its Corporate Trust Department; 
 (2) the Company by the Trustee or by any Holder shall be sufficient for every purpose hereunder (unless otherwise herein expressly
provided) if in writing and delivered electronically or 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 Supplemental Indenture, or at any other
address previously furnished in writing to the Trustee by the Company. 
 SECTION 207. Notice to Holders; Waiver. 
 Where the Indenture provides notice of any event to Holders by the Company or the Trustee, 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 its address as it appears in the applicable 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 delivered electronically or given by mail, neither the failure to electronically transmit or mail such notice, nor any defect in
any notice so transmitted or mailed, to any particular Holder shall affect the sufficiency of such notice with respect to other Holders. Any notice delivered to a Holder in the manner herein prescribed shall be conclusively deemed to have been
received by such Holder when so mailed or delivered, whether or not such Holder actually receives such notice. Where the 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. 
 Holders may communicate pursuant to Section 312(b) of the Trust Indenture Act with other Holders with
respect to their rights under the Indenture or the Securities they hold. The Company, the Trustee, the Registrar and anyone else shall have the protection of Section 312(c) of the Trust Indenture Act. 
 SECTION 208. 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 of this Supplemental Indenture. 
 SECTION 209. Successors. 
 All agreements of the Company in the Indenture and any Securities shall
bind its successors. All agreements of the Trustee in the Indenture shall bind its successors. 
  

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 SECTION 210. Separability Clause. 
 In case any provision in the Indenture or in any 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 211. Benefits of Indenture. 
 Nothing in the Indenture or in any Securities, express or implied, shall give to any Person, other than the parties to this Supplemental Indenture, any Paying Agent, any Security Registrar and their successors
hereunder and the Holders, any benefit or any legal or equitable right, remedy or claim under the Indenture. 
 SECTION 212. Governing Law.

 THE INDENTURE AND ALL SECURITIES SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK BUT WITHOUT
GIVING EFFECT TO APPLICABLE PRINCIPLES OF CONFLICTS OF LAW TO THE EXTENT THAT THE APPLICATION OF THE LAW OF ANOTHER JURISDICTION WOULD BE REQUIRED THEREBY. 
 SECTION 213. Conflict with Trust Indenture Act. 
 If any provision of this Supplemental Indenture limits, qualifies or
conflicts with any provision of the Trust Indenture Act or another provision which is required or deemed to be included in the Indenture by any of the provisions of the Trust Indenture Act, such provision or requirement of the Trust Indenture Act
shall control. 
 If any provision of the 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 the Indenture as so modified or excluded, as the case may be. 
 SECTION 214. Legal
Holidays. 
 Except as may otherwise be provided for a series of Securities, in any case where any Interest Payment Date, Redemption Date,
Repayment Date, date established for the payment of Defaulted Interest, Stated Maturity, Maturity Date of any Security shall not be a Business Day in a Place of Payment, then (notwithstanding any other provision of the Indenture or of the Securities
of a series) payment of interest or principal (and premium, if any) need not be made on such date, but may be made on the next succeeding Business Day with the same force and effect as if made on the Interest Payment Date, Redemption Date, date
established for the payment of Defaulted Interest, Stated Maturity, Maturity Date or Change of Control Payment Date; provided that no interest shall accrue for the period from and after such Interest Payment Date, Redemption Date, date
established for the payment of Defaulted Interest, Stated Maturity, Maturity Date or Change of Control Payment Date, as the case may be. In such event, no interest shall accrue with respect to such payment for the period from and after such Interest
Payment Date, Redemption Date, date established for the payment of Defaulted Interest, Stated Maturity, Maturity Date or Change of Control Payment Date, as the case may be, to the next succeeding 
  

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 Business Day and, with respect to any Interest Payment Date, interest for the period from and after such Interest Payment
Date shall accrue with respect to the next succeeding Interest Payment Date. If a regular record date is a date that is not a Business Day, such record date shall not be affected. 
 SECTION 215. Unclaimed Money; Prescription. 
 If money deposited with the Trustee or any applicable
agent for the payment of principal of, premium, if any, or interest on any Security remains unclaimed for two years, the Trustee and such Paying Agent shall return the money to the Company upon its written request. After that, Holders entitled to
the money must look to the Company for payment unless applicable abandoned property law designates another Person and all liability of the Trustee and such Paying Agent shall cease. Other than as set forth in this paragraph, the Indenture does not
provide for any periods for the escheatment of the payment of principal of, premium, if any, or interest and on any Security. 
 SECTION 216. No Recourse
Against Others. 
 No past, present or future director, officer, employee, promoter, adviser, incorporator or shareholder of the Company,
as such, shall have any liability for any obligations of the Company under any Security or the Indenture or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder of any Security by accepting a
Security waives and releases all such liability, to the extent permitted by applicable law. The waiver and release are part of the consideration for issuance of the Securities. 
 SECTION 217. Multiple Originals. 
 The parties may sign any number of copies of this Supplemental
Indenture. Each signed copy shall be an original, but all of them together represent the same agreement. One signed copy is enough to prove this Supplemental Indenture. 
 SECTION 218. No Adverse Interpretation of Other Agreements. 
 This Supplemental Indenture may not be
used to interpret another indenture, loan, security or debt agreement of the Company. No such indenture, loan, security or debt agreement may be used to interpret this Supplemental Indenture. 
 SECTION 219. Securities Denominated in a Currency Other Than United States Dollars. 
 For the purposes of calculating the principal amount of Securities denominated in a currency other than U.S. dollars (including units consisting of multiple currencies) for any purpose under this Indenture the
principal amount of such Securities at any time Outstanding shall be deemed to be that amount of U.S. dollars that could be obtained for such principal amount on the basis of the spot rate of exchange for such currency into U.S. dollars as of the
date of any such calculation. 
  

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 ARTICLE THREE 
 RESERVED 
 ARTICLE FOUR 
 SECURITIES 
 SECTION 401. Execution, Authentication, Delivery and Dating. 
 The Securities of any Series shall be executed on behalf of the Company by its chairman, any vice chairman, its president, a vice president, the treasurer
or any assistant treasurer, and attested by its secretary or an assistant secretary. The signature of any of these officers on the Securities may be manual or facsimile signatures of the present or any future such authorized officer and may be
imprinted or otherwise reproduced on the Securities. 
 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. 
 At any time and from time to time after the execution and delivery of this Supplemental Indenture, the Company may deliver Securities executed by the
Company to the Trustee for authentication, together with a Company Order for the authentication and delivery of such Securities, and the Trustee in accordance with such Company Order shall authenticate and deliver such Securities. 
 Each Security shall be dated the date of its authentication. 
 No Security shall be entitled to any benefit under the 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 duly executed by the Trustee by manual signature of a Responsible Officer, and such certificate upon any Security shall be conclusive evidence, and the only evidence, that such Security has been duly authenticated and delivered hereunder and
is entitled to the benefits of the Indenture. 
  

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 ARTICLE FIVE 
 SATISFACTION AND DISCHARGE 
 SECTION 501. Satisfaction and Discharge of Indenture. 
 The Indenture will be discharged with respect to a series of Securities and will cease to be of further effect (except as to surviving rights of transfer
or exchange of such Securities, as expressly provided for in the Indenture) solely as to all Outstanding Securities of such series under the Indenture when with respect to such series of Securities: 
 (1) either: 
 (a) all Securities of such series previously authenticated and delivered (except lost, stolen or destroyed Securities of such series which have been replaced or paid and Securities of such series 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 Securities of such series not theretofore delivered to the Trustee for cancellation have become due and payable within one year or
as a result of delivering a notice of redemption and the Company has irrevocably deposited or caused to be deposited with the Trustee cash or non-callable U.S. Government Obligations or a combination thereof in an amount sufficient to pay and
discharge the entire Indebtedness on the Securities of such series theretofore delivered to the Trustee for cancellation, for principal of, premium, if any, and interest on the Securities of such series to the date of deposit together with
irrevocable instructions from the Company directing the Trustee to apply such funds to the payment thereof at maturity or redemption, as the case may be; 
 (2) the Company has paid all other sums payable with respect to the Securities of such series under the Indenture by the Company; and 
 (3) the Company has delivered to the Trustee an Officers’ Certificate and an Opinion of Counsel stating that all conditions precedent
under the Indenture relating to the satisfaction and discharge of the Indenture with respect to the Securities of such series have been complied with. 
 Notwithstanding the satisfaction and discharge of the Indenture with respect to the Securities of a series, the obligations of the Company to the Trustee under Section 706 and, if money shall have been deposited
with the Trustee pursuant to sub clause (B) of clause (1) of this Section 501, the obligations of the Trustee under Section 502 and Section 1103 shall survive such satisfaction and discharge, in each case, with respect to
the Securities of such series. 
 SECTION 502. Application of Trust Money. 
 Subject to the provisions of Section 1103, all money deposited with the Trustee pursuant to Section 501 shall be held in trust and applied by
it, in accordance with the provisions 
  

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 of the applicable series of Securities and the 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 premium, if any) and interest for whose payment such money has been deposited with the Trustee; but such
money need not be segregated from other funds except to the extent required by law. 
 ARTICLE SIX 
 REMEDIES 
 SECTION 601. Events of Default.

 “Event of Default,” wherever used herein, means any one of the following events with respect to any series of Securities:

 (1) the failure to pay interest on any Security when the same becomes due and payable and the default continues for a
continuous period of 30 days; 
 (2) the failure to pay the principal of or premium, if any, on any Security, when such
principal or premium becomes due and payable, at maturity, upon redemption or otherwise (including the failure to make a payment to purchase any Security tendered pursuant to a Change of Control Offer); 
 (3) a default in the observance or performance of any other covenant or agreement contained in the Indenture which default continues for a
period of 90 days after the Company receives written notice specifying the default (and demanding that such default be remedied) from the Trustee or the Holders of at least 25% of the outstanding principal amount of the Securities of a series
(except in the case of a default with respect to Section 901, which will constitute an Event of Default with such notice requirement but without such passage of time requirement); 
 (4) the entry by a court of competent jurisdiction of (A) a decree or order for relief in respect of the Company or any Significant
Subsidiary in an involuntary case or proceeding under any applicable Bankruptcy Law or (B) a decree or order adjudging the Company or any Significant Subsidiary bankrupt or insolvent, or seeking reorganization, arrangement, adjustment or
composition of or in respect of the Company or any Significant Subsidiary under any applicable federal or state law, or appointing a custodian, receiver, liquidator, assignee, trustee, sequestrator or other similar official of the Company or any
Significant Subsidiary or of any substantial part of its property, or ordering the winding up or liquidation of its affairs, and any such decree or order for relief shall continue to be in effect, or any such other decree or order shall be unstayed
and in effect, for a period of 60 consecutive days; or 
 (5) (A) the commencement by the Company or any Significant
Subsidiary of a voluntary case or proceeding under any applicable Bankruptcy Law or any other case or proceeding to be adjudicated bankrupt or insolvent, (B) the Company or any Significant Subsidiary consents to the entry of a decree or order
for relief in respect of the Company or such Significant Subsidiary in an involuntary case or proceeding under any applicable 
  

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 Bankruptcy Law or to the commencement of any bankruptcy or insolvency case or proceeding against it,
(C) the Company or any Significant Subsidiary files a petition or answer or consent seeking reorganization or relief under any applicable federal or state law, (D) the Company or any Significant Subsidiary (x) consents to the filing
of such petition or the appointment of, or taking possession by, a custodian, receiver, liquidator, assignee, trustee, sequestrator or similar official of the Company or such Significant Subsidiary or of any substantial part of its property,
(y) makes an assignment for the benefit of creditors or (z) admits in writing its inability to pay its debts generally as they become due or (E) the Company or any Significant Subsidiary takes any corporate action in furtherance of
any such actions in this clause (5). 
 SECTION 602. Acceleration of Maturity; Rescission and Annulment. 
 (a) If an Event of Default (other than an Event of Default specified in clauses (4) or (5) above with respect to the Company) shall occur and be
continuing with respect to any series of Securities, the Trustee or the Holders of at least 25% in principal amount of Outstanding Securities of such series may declare the principal of, and premium, if any, and accrued interest on all Securities of
such series under the Indenture to be due and payable by notice in writing to the Company and the Trustee specifying the respective Event of Default and that it is a “notice of acceleration”, and the same shall become immediately due and
payable. If an Event of Default specified in Sections 601(4) or 601(5) with respect to the Company occurs and is continuing, then all unpaid principal of, and premium, if any, and accrued and unpaid interest on all of the Outstanding Securities
shall ipso facto become and be immediately due and payable without any declaration or other act on the part of the Trustee or any Holder. 
 (b) At any time after a declaration of acceleration with respect to the Securities of a series as described in paragraph (a) above, the Holders of a majority in principal amount of Securities of such series under
the Indenture may rescind and cancel such declaration and its consequences: 
 (1) if the rescission would not conflict with
any judgment or decree; 
 (2) if all existing Events of Default with respect to Securities of such series have been cured or
waived except nonpayment of principal or interest that has become due solely because of the acceleration; 
 (3) to the extent
the payment of such interest is lawful, interest on overdue installments of interest and overdue principal, which has become due otherwise than by such declaration of acceleration, has been paid; and 
 (4) if the Company has paid the Trustee its reasonable compensation and reimbursed the Trustee for its expenses, disbursements and
advances. 
 No such rescission shall affect any subsequent Default or impair any right consequent thereto. 
  

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 SECTION 603. Collection of Indebtedness and Suits for Enforcement by Trustee. 
 The Company covenants that if: 
 (a) default
is made in the payment of any installment of interest on any Security when such interest becomes due and payable and such default continues for a period of 30 days, 
 (b) default is made in the payment of the principal of (or premium, if any, on) any Security at the maturity thereof, or 
 (c) default is made in the making or satisfaction of any sinking fund payment or analogous obligation when the same becomes due by the terms of the Securities of any series, 
 the Company will, upon demand of the Trustee, pay to it, for the benefit of the Holder of any such Security (or Holders of Securities of any such series in the case of
clause (c) above), the whole amount then due and payable on any such Security (or Securities of any such series in the case of clause (c) above) for principal, premium if any, and interest, with interest upon the overdue principal and
premium, if any (to the extent that payment of such interest is lawful), and (to the extent that payment of such interest shall be legally enforceable) upon overdue installments of interest, at the rate or rates prescribed therefor by the terms of
any such Security (or Securities of any such series in the case of clause (c) above); 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 the Company fails to pay such amounts forthwith upon such
demand, the Trustee, in its own name as trustee of an express trust, may institute a judicial proceeding for the collection of the sums so due and unpaid, may prosecute such proceeding to judgment or final decree and may enforce the same against the
Company or any other obligor upon such Securities and collect the moneys adjudged or decreed to be payable in the manner provided by law out of the property of the Company or any other obligor upon such Securities, wherever situated. 
 If an Event of Default with respect to any series of Securities occurs and is continuing, the Trustee may in its discretion proceed to protect and
enforce its rights and the rights of the Holders of the Securities of such series by such appropriate judicial proceedings as the Trustee shall deem most effectual to protect and enforce any such rights, whether for the specific enforcement of any
covenant or agreement in the Indenture or in aid of the exercise of any power granted herein, or to enforce any other proper remedy. 
 SECTION 604.
Trustee May File Proofs of Claim. 
 In case of the pendency of any receivership, insolvency, liquidation, bankruptcy, reorganization,
arrangement, adjustment, composition or other judicial proceeding relative to the Company or any other obligor upon Securities of a series or the property of the Company or of such other obligor or their creditors, the Trustee (irrespective of
whether the principal of any Securities of such series shall then be due and payable as therein expressed or by declaration or otherwise and irrespective of whether the Trustee shall have made any demand on the Company 
  

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 for the payment of overdue principal, premium, if any, or interest) shall be entitled and empowered, by intervention in
such proceeding or otherwise, 
 (1) to file and prove a claim for the whole amount of principal (and premium, if any) and
interest owing and unpaid in respect of any Securities of such series and to file such other papers or documents as may be necessary or advisable in order to have the claims of the Trustee (including any claim for the reasonable compensation,
expenses, disbursements and advances of the Trustee, its agents and counsel) and of the Holders of the Securities of such series allowed in such judicial proceeding, and 
 (2) 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 similar official in any such judicial proceeding is hereby authorized by each Holder with respect to any Securities of such series of which it is a 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 applicable Holders, to pay 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 706. 
 Nothing herein contained shall be deemed to
authorize the Trustee to authorize or consent to or accept or adopt on behalf of any Holder any plan of reorganization, arrangement, adjustment or composition affecting any 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. 
 SECTION 605. Trustee May Enforce Claims Without Possession of Securities.

 All rights of action and claims under the Indenture or any 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 and 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 affected Securities in respect of which such judgment has been
recovered. 
 SECTION 606. Application of Money Collected. 
 Any money or property collected by the Trustee pursuant to this Article Six 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 premium, if any) or interest, upon presentation of the Securities of a series 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 706; 
  

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 SECOND: To the payment of the amounts then due and unpaid for principal of (and premium, if any, on,) and
interest on the Securities of such series 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 premium, if any) and interest, respectively; and 
 THIRD: The balance, if any, to the Company. 
 SECTION 607. 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 the 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 such series;

 (2) the Holders of not less than 25% in principal amount of the Outstanding Securities of such series shall have made
written request to the Trustee to institute proceedings in respect of such Event of Default with respect to the Securities of such series in its own name as Trustee hereunder; 
 (3) such Holder or Holders have offered to the Trustee indemnity reasonably satisfactory to the Trustee 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 reasonably satisfactory 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 or more in principal amount of the Outstanding Securities of such series; 
 it being understood and intended that no one or more Holders of Securities of such series shall have any right in any manner whatever by virtue of, or by availing of,
any provision of the Indenture to affect, disturb or prejudice the rights of any other Holders of the Securities of such series, or to obtain or to seek to obtain priority or preference over any other Holders of the Securities of such series, or to
enforce any right under the Indenture, except in the manner herein provided and for the equal and ratable benefit of all the Holders of Securities of such series. 
 SECTION 608. Unconditional Right of Holders to Receive Principal, Premium and Interest. 
 Notwithstanding any other provision
in the Indenture, the Holder of any Security shall have the right, which is absolute and unconditional, to receive payment, as provided herein (including, if applicable, Article Thirteen) and in such Security, of the principal of (and premium, if
any, on) and (subject to Section 3.07 of the Base Indenture) 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 institute suit for the
enforcement of any such payment, and such rights shall not be impaired without the consent of such Holder. 
  

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 SECTION 609. Restoration of Rights and Remedies. 
 If the Trustee or any Holder has instituted any proceeding to enforce any right or remedy under the 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 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 610. Rights and Remedies Cumulative. 
 Except as otherwise provided with respect to the
replacement or payment of mutilated, destroyed, lost or stolen Securities in Section 3.06 of the Base Indenture, 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, subject to the provisions of Section 607, 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 611. Delay or Omission Not Waiver. 
 No delay
or omission of the Trustee or of any Holder of any Security 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 Six 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 612. Control by Holders. 
 The Holders of not
less than a majority in principal amount of the Outstanding Securities of a 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 the Indenture, 
 (2) the Trustee may take any other action deemed proper by the
Trustee which is not inconsistent with such direction, and 
  

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 (3) the Trustee need not take any action which might involve it in personal liability or
be unjustly prejudicial to the Holders of the Securities of such series not consenting. 
 SECTION 613. Waiver of Past Defaults. 
 The Holders of not less than a majority in principal amount of the Outstanding Securities of a series may on behalf of the Holders of all Securities of
such series waive any past Default or Event of Default hereunder and its consequences, except a Default or Event of Default: 
 (1) in respect of the payment of the principal of (or premium, if any, on) or interest on any Security, or 
 (2) in
respect of a covenant or provision of this Supplemental Indenture which under Article Ten cannot be modified or amended without the consent of the Holder of each Outstanding Security affected. 
 Upon any such waiver, such Default or Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been
cured, for every purpose of the Indenture with respect to the Securities of such series; but no such waiver shall extend to any subsequent or other Default or Event of Default or impair any right consequent thereon. 
 SECTION 614. Waiver of Stay or Extension Laws. 
 The
Company covenants (to the extent that it may lawfully do so) that it shall not at any time insist upon, or plead, or in any manner whatsoever claim or take the benefit or advantage of, any stay or extension law wherever enacted, now or at any time
hereafter in force, which may affect the covenants or the performance of the Indenture; and the Company (to the extent that it may lawfully do so) hereby expressly waives all benefit or advantage of any such law and covenants that it shall not
hinder, delay or impede the execution of any power herein granted to the Trustee, but shall suffer and permit the execution of every such power as though no such law had been enacted. 
 ARTICLE SEVEN 
 THE TRUSTEE 
 SECTION 701. Notice of Defaults. 
 Within 90 days
after the occurrence of any Default with respect to a series of Securities under the Indenture, the Trustee shall transmit in the manner and to the extent provided in Section 313(c) of the Trust Indenture Act, notice of such Default hereunder
known to the Trustee, to Holders of Securities of such series unless such Default shall have been cured or waived; provided, however, that, except in the case of a Default or Event of Default in the payment of the principal of (or
premium, if any, on) or interest on any Security, the Trustee shall be protected in withholding such notice if and so long as a trust committee and/or Responsible Officers of the Trustee in good faith determines that the withholding of such notice
is in the 
  

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 interest of the Holders of such Securities; and provided further that in the case of any Default or Event
of Default of the character specified in Section 601(3), no such notice to Holders shall be given until at least 30 days after the occurrence thereof. 
 In case an Event of Default has occurred and is continuing, the Trustee shall exercise such of the rights and powers vested in it by the Indenture, and use the same degree of care and skill in its exercise thereof, as
a prudent Person would exercise or use under the circumstances in the conduct of such Person’s own affairs. 
 SECTION 702. Certain Rights of
Trustee. 
 Subject to the provisions of Sections 315(a) through 315(d) of the Trust Indenture Act: 
 (1) the Trustee may rely and shall be protected in acting or refraining from acting upon any resolution, certificate, statement,
instrument, opinion, report, notice, request, direction, consent, order, bond, debenture, note, other evidence of indebtedness or other paper or document believed by it to be genuine and to have been signed or presented by the proper party or
parties; 
 (2) any request or direction of the Company mentioned herein shall be sufficiently evidenced by a Company Request
or Company Order and any resolution of the Board of Directors may be sufficiently evidenced by a Board Resolution; 
 (3)
whenever in the administration of the Indenture the Trustee shall deem it desirable that a matter be proved or established prior to taking, suffering or omitting any action hereunder, the Trustee (unless other evidence be herein specifically
prescribed) may, in the absence of bad faith on its part, rely upon an Officers’ Certificate; 
 (4) the Trustee may
consult with counsel and the written advice of such counsel or any Opinion of Counsel shall be full and complete authorization and protection in respect of any action taken, suffered or omitted by it hereunder in good faith and in reliance thereon;

 (5) the Trustee shall be under no obligation to exercise any of the rights or powers vested in it by the Indenture at the
request or direction of any of the Holders pursuant to the Indenture, unless such Holders shall have offered to the Trustee security or indemnity reasonably satisfactory to the Trustee against the costs, expenses and liabilities which might be
incurred by it in compliance with such request or direction; 
 (6) the Trustee shall not be bound to make any investigation
into the facts or matters stated in any resolution, certificate, statement, instrument, opinion, report, notice, request, direction, consent, order, bond, debenture, note, other evidence of indebtedness or other paper or document, but the Trustee,
in its discretion, may make such further inquiry or investigation into such facts or matters as it may see fit, and, if the Trustee shall determine to make such further inquiry or investigation, it shall be entitled at all reasonable times to
examine the books, records and premises of the Company personally or by agent or attorney; 
  

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 (7) the Trustee may execute any of the trusts or powers hereunder or perform any duties
hereunder either directly or by or through agents or attorneys and the Trustee shall not be responsible for any misconduct or negligence on the part of any agent or attorney appointed with due care by it hereunder; and 
 (8) the Trustee shall not be liable for any action taken, suffered or omitted by it in good faith and believed by it to be authorized or
within the discretion or rights or powers conferred upon it by the Indenture. 
 The Trustee shall not be required to expend or risk its own
funds or otherwise incur any financial liability in the performance of any of its duties hereunder, or in the exercise of any of its rights or powers if it shall have reasonable grounds for believing that repayment of such funds or adequate
indemnity against such risk or liability is not reasonably assured to it. 
 SECTION 703. Trustee Not Responsible for Recitals or Issuance of
Securities. 
 The recitals contained herein and in the Securities, except for the Trustee’s certificates of authentication, shall be
taken as the statements of the Company and the Trustee assumes no responsibility for their correctness. The Trustee makes no representations as to the validity or sufficiency of the Indenture or of the Securities, except that the Trustee represents
that it is duly authorized to execute and deliver the Indenture, authenticate the Securities and perform its obligations hereunder and that the statements made by it in any Statement of Eligibility of Form T-1 supplied or to be supplied to the
Company are or will be, as the case may be, true and accurate, subject to the qualifications set forth therein. The Trustee shall not be accountable for the use or application by the Company of Securities or the proceeds thereof. 
 SECTION 704. Trustee May Hold Securities. 
 The
Trustee, any Paying Agent, any Security Registrar or any other agent of the Company or of the Trustee, in its individual or any other capacity, may become the owner or pledgee of Securities and, subject to Sections 310(b) and 311 of the Trust
Indenture Act, may otherwise deal with the Company with the same rights it would have if it were not Trustee, Paying Agent, Security Registrar or such other agent. 
 SECTION 705. Money Held in Trust. 
 Cash in U.S. dollars or U.S. Government Obligations held by the Trustee in
trust hereunder need not be segregated from other funds except to the extent required by law. The Trustee shall be under no liability for interest on any such cash or U.S. Government Obligations received by it hereunder except as otherwise
agreed in writing with the Company. 
 SECTION 706. Compensation and Reimbursement. 
 The Company agrees: 
 (1) to
pay to the Trustee from time to time reasonable compensation for all services rendered by it hereunder (which compensation shall not be limited by any provision of law in regard to the compensation of a trustee of an express trust); 
  

 28 

 (2) except as otherwise expressly provided herein, to reimburse the Trustee upon its
request for all reasonable expenses, disbursements and advances incurred or made by the Trustee in accordance with any provision of the Indenture (including the reasonable compensation and the expenses and disbursements of its agents and counsel),
except any such expense, disbursement or advance as may be attributable to its gross negligence or bad faith; and 
 (3) to
indemnify the Trustee for, and to hold it harmless against, any loss, liability or expense incurred without gross negligence or bad faith on its part, arising out of or in connection with the acceptance, administration or enforcement of this trust,
including the costs and expenses of defending itself against any claim or liability in connection with the exercise or performance of any of its powers or duties hereunder. 
 The obligations of the Company under this Section 706 to compensate the Trustee, to pay or reimburse the Trustee for expenses, disbursements and advances and to indemnify and hold harmless the Trustee shall
constitute indebtedness and shall survive the satisfaction and discharge of the Indenture. As security for the performance of such obligations of the Company, the Trustee shall have a claim prior to the Securities upon all property and funds held or
collected by the Trustee as such, except funds held in trust for the payment of principal of (and premium, if any, on) or interest on particular Securities. 
 SECTION 707. Corporate Trustee Required; Eligibility. 
 There shall at all times be a Trustee hereunder which shall be
eligible to act as Trustee under Section 310(a)(1) of the Trust Indenture Act and shall have a combined capital and surplus of at least $100.0 million. If such corporation publishes reports of condition at least annually, pursuant to law
or to the requirements of federal, state, territorial or District of Columbia supervising or examining authority, then for the purposes of this Section 707, the combined capital and surplus of such corporation shall be deemed to be its combined
capital and surplus as set forth in its most recent report of condition so published. If at any time the Trustee with respect to any series of Securities shall cease to be eligible in accordance with the provisions of this Section 707, it shall
resign immediately with respect to such series of Securities in the manner and with the effect hereinafter specified in this Article Seven. 
 SECTION 708.
Resignation and Removal; Appointment of Successor. 
 (a) No resignation or removal of the Trustee and no appointment of a successor
Trustee pursuant to this Article Seven shall become effective until the acceptance of appointment by the successor Trustee in accordance with the applicable requirements of Section 709. 
 (b) The Trustee may resign at any time by giving at least 60 days prior written notice thereof to the Company addressed to the Company. If the instrument
of acceptance by a successor Trustee required by Section 709 shall not have been delivered to the Trustee within 90 days after the giving of such notice of resignation, the resigning Trustee may petition any court of competent jurisdiction
for the appointment of a successor Trustee. 
 (c) The Trustee with respect to any series of Securities may be removed at any time by Act of
the Holders of not less than a majority in principal amount of the Outstanding Securities of such series, delivered to the Trustee and to the Company addressed to each of the Company and Trustee. 
  

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 (d) If at any time: 
 (1) the Trustee shall fail to comply with the provisions of Section 310(b) of the Trust Indenture Act with respect to any series of
Securities after written request therefor by the Company or by any Holder who has been a bona fide Holder of a Security of such series for at least six months, or 
 (2) the Trustee shall cease to be eligible under Section 707 with respect to any series of Securities and shall fail to resign after
written request therefor by the Company or by any Holder who has been a bona fide Holder of a Security of such series for at least six months, or 
 (3) the Trustee shall become incapable of acting with respect to any series of Securities or shall be adjudged a bankrupt or insolvent or a receiver of the Trustee or of its property shall be appointed or any public
officer shall take charge or control of the Trustee or of its property or affairs for the purpose of rehabilitation, conservation or liquidation, 
 then, in
any such case, (i) the Company may remove the Trustee with respect to such series, or (ii) subject to Section 315(e) of the Trust Indenture Act, any Holder who has been a bona fide Holder of a Security of such series for at least
six months may, on behalf of itself and all others similarly situated, petition any court of competent jurisdiction for the removal of the Trustee and the appointment of a successor Trustee with respect to such series. 
 (e) If the Trustee shall resign, be removed or become incapable of acting, or if a vacancy shall occur in the office of Trustee for any cause with
respect to the Securities of a series, the Company shall promptly appoint a successor Trustee for such series of Securities. If, within one year after such resignation, removal or incapability, or the occurrence of such vacancy, a successor Trustee
shall be appointed by Act of the Holders of a majority in principal amount of the Outstanding Securities of such series delivered to the Company and the retiring Trustee, the successor Trustee so appointed shall, forthwith upon its acceptance of
such appointment, become the successor Trustee of the Securities of such series and supersede the successor Trustee appointed by the Company. If no successor Trustee shall have been so appointed by the Company or the Holders of the Securities of
such series and accepted appointment in the manner hereinafter provided, any Holder who has been a bona fide Holder of a Security of such series for at least six months may, on behalf of itself and all others similarly situated, petition any court
of competent jurisdiction for the appointment of a successor Trustee. 
 (f) The Company shall give notice of each resignation and each
removal of the Trustee and each appointment of a successor Trustee to the Holders of each affected series of Securities in the manner provided for in Section 207. Each notice shall include the name of the successor Trustee and the address of
its Corporate Trust Office. 
  

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 SECTION 709. Acceptance of Appointment by Successor. 
 Every successor Trustee appointed hereunder shall execute, acknowledge and deliver to the Company and to the retiring Trustee an instrument accepting such
appointment, and, thereupon, the resignation or removal of the retiring Trustee shall become effective and such successor Trustee, without any further act, deed or conveyance, shall become vested with all the rights, powers, trusts and duties of the
retiring Trustee; but, on request of the Company or the successor Trustee, such retiring Trustee shall, upon payment of its charges, execute and deliver an instrument transferring to such successor Trustee all the rights, powers and trusts of the
retiring Trustee and shall duly assign, transfer and deliver to such successor Trustee all property and money held by such retiring Trustee hereunder. Upon request of any such successor Trustee, the Company shall execute any and all instruments for
more fully and certainly vesting in and confirming to such successor Trustee all such rights, powers and trusts. No successor Trustee shall accept its appointment unless at the time of such acceptance such successor Trustee shall be qualified and
eligible under this Article Seven. 
 SECTION 710. Merger, Conversion, Consolidation or Succession to Business. 
 Any corporation into which the Trustee may be merged or converted or with which it may be consolidated, or any corporation resulting from any merger,
conversion or consolidation to which the Trustee shall be a party, or any corporation succeeding to all or substantially all of the corporate trust business of the Trustee, shall be the successor of the Trustee hereunder, provided such
corporation shall be otherwise qualified and eligible under this Article Seven, without the execution or filing of any paper or any further act on the part of any of the parties to this Supplemental Indenture. In case any Securities of any
series shall have been authenticated, but not delivered, by the Trustee then in office, any successor by merger, conversion or consolidation to such authenticating Trustee may adopt such authentication and deliver the Securities of such series so
authenticated with the same effect as if such successor Trustee had itself authenticated such Securities; and in case at that time any of the Securities of any series shall not have been authenticated, any successor Trustee may authenticate such
Securities either in the name of any predecessor hereunder or in the name of the successor Trustee; and in all such cases such certificates shall have the full force which it is anywhere in the Securities or in the Indenture provided that the
certificate of the Trustee shall have; provided, however, that the right to adopt the certificate of authentication of any predecessor Trustee or to authenticate Securities in the name of any predecessor Trustee shall apply only to its
successor or successors by merger, conversion or consolidation. 
 ARTICLE EIGHT 
 HOLDERS’ LISTS AND REPORTS BY TRUSTEE AND COMPANY 
 SECTION 801. Disclosure of Names and Addresses of Holders; Holders’ List. 
 (a) Every Holder of Securities of a series,
by receiving and holding the same, agrees with the Company and the Trustee that none of the Company or the Trustee or any agent of either of them shall be held accountable by reason of the disclosure of any such information as to the names and
addresses of the Holders in accordance with Section 312 of the Trust Indenture 
  

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 Act, regardless of the source from which such information was derived, and that the Trustee shall not be held accountable
by reason of delivering any material pursuant to a request made under Section 312(b) of the Trust Indenture Act. 
 (b) The Registrar
shall preserve in as current a form as is reasonably practicable the most recent list available to it of the names and addresses of Holders. If the Trustee is not the Registrar, the Company shall furnish to the Trustee, in writing no later than one
business day following the record date for each Interest Payment Date and at such other times as the Trustee may request in writing, a list in such form and as of such date as the Trustee may reasonably require of the names and addresses of Holders.

 SECTION 802. Reports by Trustee. 
 Within 60 days after May 15 of each year commencing with the first May 15 after the date of this Supplemental Indenture, the Trustee shall transmit to the Holders, in the manner and to the extent provided in
Section 313(c) of the Trust Indenture Act, a brief report dated as of such May 15 if required by Section 313(a) of the Trust Indenture Act. 
 ARTICLE NINE 
 MERGER, CONSOLIDATION AND SALE OF ASSETS 
 SECTION 901. Company May Consolidate, etc., Only on Certain Terms. 
 (a) The Company will not, in a single transaction or series of related transactions, consolidate or merge with or into any Person, or sell, assign, transfer, lease, convey or otherwise dispose of (or cause or permit
any Restricted Subsidiary of the Company to sell, assign, transfer, lease, convey or otherwise dispose of) all or substantially all of the Company’s assets (determined on a consolidated basis for the Company and the Company’s Restricted
Subsidiaries) whether as an entirety or substantially as an entirety to any Person unless: 
 (1) either: 
 (a) the Company shall be the surviving or continuing corporation; or 
 (b) the Person (if other than the Company) formed by such consolidation or into which the Company is merged or the Person which acquires
by sale, assignment, transfer, lease, conveyance or other disposition the properties and assets of the Company and the Company’s Restricted Subsidiaries substantially as an entirety (the “Surviving Entity”): 
 (x) shall be a corporation organized and validly existing under the laws of the United States or any State thereof or the District of
Columbia; and 
 (y) shall expressly assume, by supplemental indenture (in form and substance satisfactory to the Trustee),
executed and delivered to the Trustee, the due and punctual payment of the principal of, and premium, if 
  

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 any, and interest on all of the Securities and the performance of every covenant of the Securities and
the Indenture on the part of the Company to be performed or observed; 
 (2) immediately after giving effect to such
transaction and the assumption contemplated by clause (l)(b)(y) above no Default or Event of Default shall have occurred or be continuing; and 
 (3) the Company or the Surviving Entity shall have delivered to the Trustee an Officers’ Certificate and an Opinion of Counsel, each stating that such consolidation, merger, sale, assignment, transfer, lease,
conveyance or other disposition and, if a supplemental indenture is required in connection with such transaction, such supplemental indenture, comply with the applicable provisions of the Indenture and that all conditions precedent in the Indenture
relating to such transaction have been satisfied. 
 (b) For purposes of the foregoing, the transfer (by lease, assignment, sale or
otherwise, in a single transaction or series of transactions) of all or substantially all of the properties or assets of one or more Restricted Subsidiaries of the Company, the Capital Stock of which constitutes all or substantially all of the
properties and assets of the Company, shall be deemed to be the transfer of all or substantially all the properties and assets of the Company. 
 SECTION
902. Successor Substituted. 
 Upon any consolidation, merger, sale, assignment, conveyance, transfer, lease or other transaction
described in, and complying with the provisions of, Section 901 in which the Company is not the continuing corporation, the Surviving Entity shall succeed to, and be substituted for, and may exercise every right and power of, the Company, as
the case may be, under the Indenture and the Securities with the same effect as if such Surviving Entity had been named as such, and the Company shall be discharged from all obligations and covenants under the Indenture and the Securities, provided
that, in the case of a transfer by lease, the predecessor shall not be released from its obligations with respect to the payment of principal (premium, if any) and interest on the Securities. 
 ARTICLE TEN 
 SUPPLEMENTAL INDENTURES 
 SECTION 1001. Supplemental Indentures Without Consent of Holders. 
 Without the consent of any Holders, the Company, when authorized by a Board Resolution, and the Trustee, at any time and from time to time, may enter into one or more indentures supplemental to this Supplemental
Indenture, in form satisfactory to the Trustee, for any of the following purposes: 
 (1) to evidence the succession of
another Person to the Company and complying with Article Nine of this Supplemental Indenture; or 
  

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 (2) to add to the covenants of the Company for the benefit of the Holders or to surrender
any right or power herein conferred upon the Company; or 
 (3) to add any additional Events of Default; or 
 (4) to evidence and provide for the acceptance of appointment hereunder by a successor Trustee pursuant to the requirements of
Section 709; or 
 (5) to cure any ambiguity, defect or inconsistency, to correct or supplement any provision herein
which may be inconsistent with any other provision herein, or to make clear any other provisions with respect to matters or questions arising under the Indenture; provided that such action shall not adversely affect the interests of the
Holders in any material respect; or 
 (6) to secure the Securities pursuant to the requirements of Section 1112 or
otherwise; or 
 (7) to comply with any requirements of the Commission in order to effect and maintain the qualification of
the Indenture under the Trust Indenture Act; or 
 (8) to establish the form of any Security, as permitted by
Section 2.02 of the Base Indenture, and to provide for the issuance of any series of Securities, as permitted by Section 3.01 of the Base Indenture, and to set forth the terms thereof; or 
 (9) to make any other amendments, modifications or supplements hereto or to the Securities, provided, that such amendments, modifications
or supplements shall only apply to Securities of one or more series to be thereafter issued or shall not adversely affect the rights of any Holder of any Outstanding Security. 
 SECTION 1002. Supplemental Indentures and Waivers 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 Act of said Holders delivered to the Company and the Trustee, the Company, when authorized by a Board Resolution, and the Trustee may
enter into an indenture or indentures supplemental to the Indenture for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of the Indenture or of modifying in any manner the rights of the Holders
of the Securities of each such series under the Indenture. However, no such supplemental indenture or waiver (including a waiver pursuant to Section 613) shall, without the consent of the Holder of each Outstanding Security affected thereby,

 (1) reduce the amount of Securities of a series whose Holders must consent to an amendment; 
 (2) reduce the rate of or change or have the effect of changing the time for payment of interest, including defaulted interest, on any
such Security; 
  

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 (3) reduce the principal of or change or have the effect of changing the fixed maturity
of any Security, or change the date on which any Security may be subject to redemption or reduce the redemption price therefor; 
 (4) make any Security payable in money other than that stated in the Securities of such series; 
 (5) make any
change in provisions of the Indenture protecting the right of each Holder to receive payment of principal of and interest on a Security on or after the due date thereof or to bring suit to enforce such payment, or permitting Holders of a majority in
principal amount of Securities of such series to waive Defaults or Events of Default; or 
 (6) modify or change any provision
of the Indenture or the related definitions, in each case, affecting the ranking of the Securities of a series in a manner which adversely affects the Holders thereof. 
 It shall not be necessary for any Act of Holders under this Section 1002 to approve the particular form of any proposed supplemental indenture or waiver, but it shall be sufficient if such Act shall approve the
substance thereof. 
 SECTION 1003. Execution of Supplemental Indentures. 
 In executing, or accepting the additional trusts created by, any supplemental indenture permitted by this Article Ten or the modifications thereby of the
trusts created by the Indenture, the Trustee shall be entitled to receive, and shall be fully protected in relying upon, an Opinion of Counsel stating that the execution of such supplemental indenture is authorized or permitted by the 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 the Indenture or otherwise. 
 SECTION 1004. Effect of Supplemental Indentures. 
 Upon the execution of any supplemental indenture
with respect to Securities of one or more series under this Article Ten, the Indenture shall be modified in accordance therewith, and such supplemental indenture shall form a part of the Indenture for all purposes; and every Holder of Securities of
such series theretofore or thereafter authenticated and delivered hereunder shall be bound thereby. 
 SECTION 1005. Conformity with Trust Indenture
Act. 
 Every supplemental indenture executed pursuant to this Article Ten shall conform to the requirements of the Trust Indenture Act as
then in effect. 
 SECTION 1006. Reference in Securities to Supplemental Indentures. 
 Securities authenticated and delivered after the execution of any supplemental indenture pursuant to this Article Ten 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 
  

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 the Company shall so determine, new Securities so modified as to conform, in the opinion of the Company, to any such
supplemental indenture may be prepared and executed by the Company and authenticated and delivered by the Trustee in exchange for Outstanding Securities. 
 SECTION 1007. Notice of Supplemental Indentures. 
 Promptly after the execution by the Company and the Trustee of any
supplemental indenture pursuant to the provisions of Sections 1001 and 1002, the Company shall give notice thereof to the Holders of each Outstanding series of Securities affected, in the manner provided for in Section 207, setting forth in
general terms the substance of such supplemental indenture; provided, however, that the Company shall not be required to give notice of any indenture supplemental to this Supplemental Indenture entered into solely for the purpose
specified in Section 1001(5) or (8), notice with respect to which shall be given by the Company when it is next required to give notice pursuant to this Section 1007. 
 SECTION 1008. Record Date. 
 The Company may, but shall not be obligated to, fix a record date for the
purpose of determining the Holders entitled to consent to any supplemental indenture, agreement or instrument or any waiver, and, if a record date is fixed, shall promptly notify the Trustee of any such record date. If a record date is fixed, those
Persons who were Holders at such record date (or their duly designated proxies), and only those Persons, shall be entitled to consent to such supplemental indenture, agreement or instrument or waiver or to revoke any consent previously given,
whether or not such Persons continue to be Holders after such record date. No such consent shall be valid or effective with respect to such supplemental indenture, agreement or instrument or waiver which is entered into more than 120 days after such
record date. 
 ARTICLE ELEVEN 
 COVENANTS 
 SECTION 1101. Payment of Principal, Premium, if any, and Interest. 
 With respect to each series of Securities, the Company shall pay the principal of (and premium, if any, on) and interest on such series of Securities in
accordance with the terms of such series of Securities and the Indenture. Principal, premium, if any, interest shall be considered paid on the date due if on such date the Trustee or the relevant Paying Agent hold in accordance with the Indenture
money sufficient to pay all principal, premium and interest then due and the Trustee or such Paying Agent, as the case may be, are not prohibited from paying such money to the Holders of such Securities on that date. 
 SECTION 1102. Maintenance of Office or Agency. 
 The
Company shall maintain an office or agency where Securities may be presented or surrendered for payment, where Securities may be surrendered for registration of transfer or exchange and where notices and demands to or upon the Company in respect of
the Securities and the Indenture may be served. The Corporate Trust Office of the Trustee shall be such office or agency of the Company, unless the Company shall designate and maintain some other office or agency for one or more of such purposes.
The Company shall give prompt 
  

 36 

 written notice to the Trustee of any change in the location of any such office or agency. If at any time the Company
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 the
Company hereby appoints the Trustee as its agent to receive all such presentations, surrenders, notices and demands. Unless otherwise specified with respect to a series of Securities as contemplated by Section 3.01 of the Base Indenture, the
Company hereby designates as a place of payment for the Securities the office or agency of the Trustee, and initially appoints the Trustee as Paying 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 may be presented or surrendered for any or all such purposes and may from time to time rescind any such designation. The Company shall give prompt written notice to
the Trustee of any such designation or rescission and any change in the location of any such other office or agency but shall not be required to give notice of such designation, rescission or change to the Holders. 
 SECTION 1103. Money for Security Payments to Be Held in Trust. 
 (a) If the Company shall at any time act as its own Paying Agent, it shall, on or before each due date of the principal of (and premium, if any, on) or interest on any series of Securities, segregate and hold in trust
for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and premium, if any) or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided and shall promptly
notify the Trustee of its action or failure so to act. Whenever the Company shall have one or more Paying Agents for the Securities of a series, it shall, on or before each due date of the principal of (and premium, if any, on), or interest on, any
Securities of such series, deposit with a Paying Agent a sum sufficient to pay the principal (and premium, if any) or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal, premium or
interest, and (unless such Paying Agent is the Trustee) the Company shall promptly notify the Trustee of such action or any failure so to act. The Company shall cause each Paying Agent (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 1103, that such Paying Agent will: 
 (1) hold all sums held by it for the payment of the principal of (and premium, if any, on) or interest on Securities of a series in trust for the benefit of the Persons entitled thereto until such sums shall be paid
to such Persons or otherwise disposed of as herein provided; 
 (2) give the Trustee notice of any default by the Company (or
any other obligor upon the Securities of such series) in the making of any payment of principal (and premium, if any) or interest; and 
 (3) at any time during the continuance of any such default, upon the written request of the Trustee, forthwith pay to the Trustee all sums so held in trust by such Paying Agent. 
  

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 SECTION 1104. Corporate Existence. 
 Subject to Article Nine of this Supplemental Indenture, the Company shall do or cause to be done all things necessary to preserve and keep in full force and effect its corporate existence and its
material rights (charter and statutory), licenses and franchises; provided that the Company shall not be required to preserve any such right, license or franchise if 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 its Restricted Subsidiaries, taken as a whole. 
 SECTION 1105. Statement
by Officers as to Compliance. 
 The Company shall deliver to the Trustee, within 120 days after the end of each fiscal year, an
Officers’ Certificate stating that in the course of the performance by the signer of its duties as an officer of the Company he would normally have knowledge of any Default or Event of Default and whether or not the signer knows of any Default
or Event of Default that occurred during such period and if any specifying such Default or Event of Default, its status and what action the Company is taking or proposed to take with respect thereto. The Company shall provide an Officers’
Certificate to the Trustee promptly upon any such officer obtaining knowledge of any Default or Event of Default that has occurred and, if applicable, describe such Default or Event of Default and the status thereof. For purposes of this
Section 1105, such compliance shall be determined without regard to any period of grace or requirement of notice under the Indenture. The Company shall comply with Section 314(a)(4) of the Trust Indenture Act. 
 SECTION 1106. RESERVED. 
 SECTION 1107. RESERVED. 

SECTION 1108. RESERVED. 
 SECTION 1109. RESERVED.

 SECTION 1110. RESERVED. 
 SECTION 1111.
RESERVED. 
 SECTION 1112. Limitation on Liens. 
 (a) The Company will not create or suffer to exist, or permit any of its Specified Subsidiaries to create or suffer to exist, any Lien, or any other type of preferential arrangement, upon or with respect to any of its
properties (other than “margin stock” as that term is defined in Regulation U issued by the Board of Governors of the Federal Reserve System), whether now owned or hereafter acquired, or assign, or permit any of its Specified Subsidiaries
to assign, any right to receive income, in each case to secure any Indebtedness (other than Indebtedness described in clauses (5) and (8) of the definition of “Indebtedness” herein) without making effective provision whereby all
of the Securities of each series (together with, if the Company shall so determine, any other Indebtedness of the Company or such Specified Subsidiary then existing or thereafter created which is not subordinate to the Securities of each series)
shall be 
  

 38 

 equally and ratably secured with the Indebtedness secured by such security (provided that any Lien created for the
benefit of the Holders of the Securities of each series pursuant to this sentence shall provide by its terms that such Lien shall be automatically and unconditionally released and discharged upon the release and discharge of the Lien that resulted
in such provision becoming applicable, unless a Default or Event of Default shall then be continuing); provided, however, that the Company or its Specified Subsidiaries may create or suffer to exist any Lien or preferential arrangement
of any kind in, of or upon any of the properties or assets of the Company or its Specified Subsidiaries to secure Indebtedness if upon creation of such Lien or arrangement and after giving effect thereto, the aggregate principal amount of
Indebtedness secured by Liens would not exceed the greater of (i) $2.0 billion and (ii) 20% of the Consolidated Net Worth of the Company; and provided, further, that the foregoing restrictions or limitations shall not apply
to any of the following: 
 (1) deposits, Liens or pledges arising in the ordinary course of business to enable the Company or
any of its Specified Subsidiaries to exercise any privilege or license or to secure payments of workers’ compensation or unemployment insurance, or to secure the performance of bids, tenders, leases, contracts (other than for the payment of
borrowed money) or statutory landlords’ Liens or to secure public or statutory obligations or surety, stay or appeal bonds, or other similar deposits or pledges made in the ordinary course of business; 
 (2) Liens imposed by law or other similar Liens, if arising in the ordinary course of business, such as mechanic’s, material
man’s, workman’s, repairman’s or carrier’s liens, or deposits or pledges in the ordinary course of business to obtain the release of such Liens; 
 (3) Liens arising out of judgments or awards against the Company or any of its Specified Subsidiaries in an aggregate amount not to exceed
at any time outstanding under this clause (3) the greater of (a) 15% of the Consolidated Net Worth of the Company or (b) the minimum amount which, if subtracted from such Consolidated Net Worth, would reduce such Consolidated Net
Worth below $3.2 billion and, in each case, with respect to which the Company or such Specified Subsidiary shall in good faith be prosecuting an appeal or proceedings for review, or Liens for the purpose of obtaining a stay or discharge in the
course of any legal proceedings; 
 (4) Liens for taxes if such taxes are not delinquent or thereafter can be paid without
penalty, or are being contested in good faith by appropriate proceedings, or minor survey exceptions or minor encumbrances, easements or restrictions which do not in the aggregate materially detract from the value of the property so encumbered or
restricted or materially impair their use in the operation of the business of the Company or any Specified Subsidiary owning such property; 
 (5) Liens in favor of any government or department or agency thereof or in favor of a prime contractor under a government contract and resulting from the acceptance of progress or partial payments under government
contracts or subcontracts thereunder; 
 (6) Liens existing on December 1, 1991; 
  

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 (7) purchase money Liens or security interests in property acquired or held by the
Company or any Specified Subsidiary in the ordinary course of business to secure the purchase price thereof or Indebtedness incurred to finance the acquisition thereof; 
 (8) Liens existing on property at the time of its acquisition; 
 (9) the rights of Xerox Credit Corporation relating to a certain reserve account established pursuant to an operating agreement dated as
of November 1, 1980, between the Company and Xerox Credit Corporation; 
 (10) the replacement, extension or renewal of
any of the foregoing; 
 (11) Liens on any assets of any Specified Subsidiary of up to $500.0 million incurred since
December 1, 1991 in connection with the sale or assignment of assets of such Specified Subsidiary for cash where the proceeds are applied to repayment of Indebtedness of such Specified Subsidiary and/or invested by such Specified Subsidiary in
assets which would be reflected as receivables on the balance sheet of such Specified Subsidiary. 
 (b) In addition, if after
January 17, 2002 any Capital Markets Debt of the Company or any Restricted Subsidiary becomes secured by a Lien pursuant to any provision similar to the covenant in the immediately preceding paragraph, then, for so long as such Capital Markets
Debt of the Company is secured by such Lien (provided that any Lien created for the benefit of the Holders of the Securities of each series pursuant to this sentence shall be automatically and unconditionally released and discharged upon the
release and discharge of the Lien that resulted in the imposition of the Lien hereunder): 
 (A) in the case of a Lien
securing Subordinated Indebtedness, the Securities of each series shall be secured by a Lien on the same property as such Lien that is senior in priority to such Lien; and 
 (B) in all other cases, the Securities of each series shall be equally and ratably secured by a Lien on the same property as such Lien.

 SECTION 1113. RESERVED. 
 SECTION 1114.
RESERVED. 
 SECTION 1115. RESERVED. 
  

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 ARTICLE TWELVE 
 RESERVED 
 ARTICLE THIRTEEN 
 LEGAL DEFEASANCE AND COVENANT DEFEASANCE 
 SECTION 1301. Company’s Option to Effect
Legal Defeasance or Covenant Defeasance. 
 The Company may, at its option and at any time, elect to have either Section 1302 or
Section 1303 be applied to all Outstanding Securities of any series upon compliance with the conditions set forth below in this Article Thirteen. 
 SECTION 1302. Legal Defeasance and Discharge. 
 The Company may, at its option and at any time, elect to have its obligations
discharged with respect to the Outstanding Securities of any series (“Legal Defeasance”). Such Legal Defeasance means that the Company shall be deemed to have paid and discharged the entire indebtedness represented by the
Outstanding Securities of such series, except for: 
 (1) the rights of Holders of such Securities to receive payments in
respect of the principal of, premium, if any, and interest on such Securities when such payments are due from the trust fund referred to below; 
 (2) the Company’s obligations with respect to Sections 404, 406, 407 and 1102; 
 (3) the rights, powers, trust, duties and immunities of the Trustee under Article Seven and the Company’s obligations in connection therewith; and 
 (4) the provisions of this Article Thirteen of this Supplemental Indenture. 
 SECTION 1303. Covenant Defeasance. 
 The Company may,
at its option and at any time, elect to have the obligations of the Company released with respect to the Securities of any series with respect to Sections 1106 through and including 1113 and Section 901(a)(2) (“Covenant
Defeasance”) and thereafter any omission to comply with such obligations shall not constitute a Default or Event of Default with respect to such Securities. The Company may exercise its Legal Defeasance option notwithstanding its prior
exercise of its Covenant Defeasance option. 
  

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 SECTION 1304. Conditions to Legal Defeasance or Covenant Defeasance. 
 The following shall be the conditions to application of either Section 1302 or Section 1303: 
 In order to exercise either Legal Defeasance or Covenant Defeasance: 
 (1) the Company must irrevocably deposit with the Trustee, in trust, for the benefit of the Holders of the Securities of each affected
series, cash in U.S. dollars, non-callable U.S. Government Obligations, or a combination thereof, in such amounts as will be sufficient, in the opinion of a nationally recognized firm of independent public accountants, to pay the principal
of, premium, if any, and interest on such Securities on the stated date for payment thereof or on the applicable redemption date, as the case may be; 
 (2) in the case of Legal Defeasance, the Company shall have delivered to the Trustee an Opinion of Counsel in the United States reasonably acceptable to the Trustee confirming that: 
 (a) the Company has received from, or there has been published by, the Internal Revenue Service a ruling; or 
 (b) since the date of the Indenture, there has been a change in the applicable federal income tax law, 
 in either case to the effect that, and based thereon such Opinion of Counsel shall confirm that, the Holders will not recognize income, gain or loss for
federal income tax purposes as a result of such Legal Defeasance and will be subject to federal income tax on the same amounts, in the same manner and at the same times as would have been the case if such Legal Defeasance had not occurred;

 (3) in the case of Covenant Defeasance, the Company shall have delivered to the Trustee an Opinion of Counsel in the United
States reasonably acceptable to the Trustee confirming that the Holders will not recognize income, gain or loss for federal income tax purposes as a result of such Covenant Defeasance and will be subject to federal income tax on the same amounts, in
the same manner and at the same times as would have been the case if such Covenant Defeasance had not occurred; 
 (4) no
Default or Event of Default shall have occurred and be continuing on the date of such deposit or insofar as Events of Default from bankruptcy or insolvency events are concerned, at any time in the period ending on the 91st day after the date of
deposit; 
 (5) such Legal Defeasance or Covenant Defeasance shall not result in a breach or violation of, or constitute a
default under the Indenture or any other material agreement or instrument to which the Company or any of its Subsidiaries is a party or by which the Company or any of its Subsidiaries is bound; 
  

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 (6) the Company shall have delivered to the Trustee an Officers’ Certificate stating
that the deposit was not made by the Company with the intent of preferring the Holders over any other creditors of the Company or with the intent of defeating, hindering, delaying or defrauding any other creditors of the Company or others;

 (7) the Company shall have delivered to the Trustee an Officers’ Certificate and an Opinion of Counsel, each stating
that all conditions precedent provided for or relating to the Legal Defeasance or the Covenant Defeasance have been complied with; and 
 (8) no event or condition shall exist that would prevent the Company from making payments of the principal of, premium, if any, and interest on such Securities on the date of such deposit on the date of such deposit.

 Notwithstanding the foregoing, the Opinion of Counsel required by clause (2) above with respect to a Legal Defeasance need not be
delivered if all Securities of each affected series not theretofore delivered to the Trustee for cancellation (1) have become due and payable or (2) will become due and payable on the maturity date 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. 
 SECTION 1305.
Deposited Money and U.S. Government Obligations to Be Held in Trust; Other Miscellaneous Provisions. 
 Subject to the provisions of
Section 1103, all money and U.S. Government Obligations (including the proceeds thereof) deposited with the Trustee (or other qualifying trustee, collectively, for purposes of this Section 1305, the “Trustee”) pursuant to
Section 1304 in respect of the Outstanding Securities of each affected series shall be held in trust and applied by the Trustee, in accordance with the provisions of such Securities and the 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 Holders of such Securities of all sums due and to become due thereon in respect of principal (and premium, if any) and interest, but such
money need not be segregated from other funds except to the extent required by law. 
 The Company shall pay and indemnify the Trustee
against any tax, fee or other charge imposed on or assessed against the U.S. Governmental Obligations deposited pursuant to Section 1304 or the principal and interest received in respect thereof other than any such tax, fee or other charge
which by law is for the account of the Holders of the Outstanding Securities of each affected series. 
 Anything in this
Article Thirteen 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 1304 which, 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 which would then be required to be deposited to effect an equivalent
Legal Defeasance or Covenant Defeasance, as applicable, in accordance with this Article Thirteen. 
  

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 SECTION 1306. Reinstatement. 
 If the Trustee or any Paying Agent is unable to apply any money in accordance with Section 1305 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 the Indenture and the Securities of each affected series shall be revived and reinstated as though no deposit had occurred pursuant to Section 1302 or 1303, as the case may
be, until such time as the Trustee or Paying Agent is permitted to apply all such money in accordance with Section 1305, and the Company shall execute all documents reasonably satisfactory to the 
  

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 Trustee evidencing such revival and reinstatement; provided, however, that if the Company makes any payment
of principal of (or premium, if any, on) or interest on any Security following the reinstatement of its obligations, the Company shall be subrogated to the rights of the Holders of such Securities to receive such payment from the money held by the
Trustee or Paying Agent. 
 IN WITNESS WHEREOF, the parties hereto have caused this Supplemental Indenture to be duly executed, and attested,
all as of the day and year first above written. 
  

							
		 		 	XEROX CORPORATION
				
	Attest:	 	  
	 	By:	 	  

	Name:	 		 	Name:	 	
	Title:	 		 	Title:	 	
			
		 		 	 WELLS FARGO BANK
 NATIONAL ASSOCIATION, as
Trustee

				
		 		 	By:	 	  

		 		 	Name:	 	Lynn M. Steiner
		 		 	Title:	 	Vice President

  

 45

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