Document:

e60697749ex4_4.htm

     

     

     

    Exhibit
4.4

     

    

     

    DELCATH
SYSTEMS, INC.

     

    AND

     

    ________________________

    

    Trustee

     

    FORM
OF INDENTURE

     

    Dated as
of
            

     

    Debt
Securities

    

    

    
      
        
           

        

        
           

          
            

          

        

        
           

        

      

    

    

    Reconciliation
and tie between

    Trust
Indenture Act of 1939, as amended,

    and the
Indenture

     

    
      	 
      	 
      	 
      
	
              
                 

                Trust
      Indenture Act Section

              

            	
                

            	
              Indenture Section

            
	
              (S)310(a)(1)

            	
                

            	
              6.8

            
	
              (a)(2)

            	
                

            	
              6.8

            
	
              (b)

            	
                

            	
              6.9

            
	
              (S)312(a)

            	
                

            	
              7.1

            
	
              (b)

            	
                

            	
              7.2

            
	
              (c)

            	
                

            	
              7.2

            
	
              (S)313(a)

            	
                

            	
              7.3

            
	
              (b)(2)

            	
                

            	
              7.3

            
	
              (c)

            	
                

            	
              7.3

            
	
              (d)

            	
                

            	
              7.3

            
	
              (S)314(a)

            	
                

            	
              7.4

            
	
              (c)(1)

            	
                

            	
              1.2

            
	
              (c)(2)

            	
                

            	
              1.2

            
	
              (e)

            	
                

            	
              1.2

            
	
              (f)

            	
                

            	
              1.2

            
	
              (S)316(a)
      (last sentence)

            	
                

            	
              1.1

            
	
              (a)(1)(A)

            	
                

            	
              5.2, 5.12

            
	
              (a)(1)(B)

            	
                

            	
              5.13

            
	
              (b)

            	
                

            	
              5.8

            
	
              (S)317(a)(1)

            	
                

            	
              5.3

            
	
              (a)(2)

            	
                

            	
              5.4

            
	
              (b)

            	
                

            	
              10.3

            
	
              (S)318(a)

            	
                

            	
              1.8

            

    

     

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

     

    

     

    

    

    
      
        
           

        

        
           

          
            

          

        

        
           

        

      

    

    

    TABLE OF CONTENTS

     

    
      
        	
                ARTICLE 1

              	 
      	
                DEFINITIONS AND OTHER PROVISIONS OF GENERAL
      APPLICATION

              	
                  

              	
                1

              
	 
      	 
      	 
      
	
                Section 1.1

              	 
      	
                Definitions; Rules of Construction

              	
                  

              	
                1

              
	 
      	 
      	 
      
	
                Section 1.2

              	 
      	
                Compliance Certificates and Opinions

              	
                  

              	
                12

              
	 
      	 
      	 
      
	
                Section
      1.3

              	 
      	
                Form of Documents Delivered to Trustee

              	
                  

              	
                13

              
	 
      	 
      	 
      
	
                Section
      1.4

              	 
      	
                Acts of Holders

              	
                  

              	
                13

              
	 
      	 
      	 
      
	
                Section
      1.5

              	 
      	
                Notices, etc., to Trustee and Company

              	
                  

              	
                15

              
	 
      	 
      	 
      
	
                Section
      1.6

              	 
      	
                Notice to Holders of Securities;
Waiver

              	
                  

              	
                15

              
	 
      	 
      	 
      
	
                Section
      1.7

              	 
      	
                Language of Notices

              	
                  

              	
                16

              
	 
      	 
      	 
      
	
                Section
      1.8

              	 
      	
                Incorporation by Reference of Trust Indenture Act; Trust
      Indenture Act Controls

              	
                  

              	
                16

              
	 
      	 
      	 
      
	
                Section
      1.9

              	 
      	
                Effect of Headings and Table of
    Contents

              	
                  

              	
                17

              
	 
      	 
      	 
      
	
                Section
      1.10

              	 
      	
                Successors and Assigns

              	
                  

              	
                17

              
	 
      	 
      	 
      
	
                Section
      1.11

              	 
      	
                Separability Clause

              	
                  

              	
                17

              
	 
      	 
      	 
      
	
                Section
      1.12

              	 
      	
                Benefits of Indenture

              	
                  

              	
                17

              
	 
      	 
      	 
      
	
                Section
      1.13

              	 
      	
                Governing Law; Waiver of Trial by Jury

              	
                  

              	
                17

              
	 
      	 
      	 
      
	
                Section
      1.14

              	 
      	
                Legal Holidays

              	
                  

              	
                17

              
	 
      	 
      	 
      
	
                Section
      1.15

              	 
      	
                Counterparts

              	
                  

              	
                18

              
	 
      	 
      	 
      
	
                Section
      1.16

              	 
      	
                Judgment Currency

              	
                  

              	
                18

              
	 
      	 
      	 
      
	
                Section 1.17

              	 
      	
                Limitation on Individual Liability

              	
                  

              	
                19

              
	 
      	 
      	 
      
	
                ARTICLE
      2

              	 
      	
                SECURITIES FORMS

              	
                  

              	
                19

              
	 
      	 
      	 
      
	
                Section
      2.1

              	 
      	
                Forms Generally

              	
                  

              	
                19

              
	 
      	 
      	 
      
	
                Section
      2.2

              	 
      	
                Form of Trustee’s Certificate of
      Authentication

              	
                  

              	
                20

              
	 
      	 
      	 
      
	
                Section
      2.3

              	 
      	
                Securities in Global Form

              	
                  

              	
                20

              
	 
      	 
      	 
      
	
                ARTICLE
      3

              	 
      	
                THE SECURITIES

              	
                  

              	
                21

              
	 
      	 
      	 
      
	
                Section
      3.1

              	 
      	
                Amount Unlimited; Issuable in Series

              	
                  

              	
                21

              
	 
      	 
      	 
      
	
                Section
      3.2

              	 
      	
                Currency; Denominations

              	
                  

              	
                25

              
	 
      	 
      	 
      
	
                Section
      3.3

              	 
      	
                Execution, Authentication, Delivery and
      Dating

              	
                  

              	
                25

              

      

    

    

    
      
        
           

        

        
          i

          
            

          

        

        
           

        

      

    

    

    

    
      
        
          
            	
                    Section
      3.4

                  	 
      	
                    Temporary Securities

                  	
                      

                  	
                    27

                  
	 
      	 
      	 
      
	
                    Section
      3.5

                  	 
      	
                    Registration, Transfer and Exchange

                  	
                      

                  	
                    27

                  
	 
      	 
      	 
      
	
                    Section
      3.6

                  	 
      	
                    Mutilated, Destroyed, Lost and Stolen
      Securities

                  	
                      

                  	
                    32

                  
	 	 	 	 	 
	
                    Section
      3.7

                  	 
      	
                    Payment of Interest and Certain Additional Amounts; Rights
      to Interest and Certain Additional Amounts Preserved

                  	
                      

                  	
                    33

                  
	 
      	 
      	 
      
	
                    Section
      3.8

                  	 
      	
                    Persons Deemed Owners

                  	
                      

                  	
                    34

                  
	 
      	 
      	 
      
	
                    Section
      3.9

                  	 
      	
                    Cancellation

                  	
                      

                  	
                    35

                  
	 
      	 
      	 
      
	
                    Section
      3.10

                  	 
      	
                    Computation of Interest

                  	
                      

                  	
                    35

                  
	 
      	 
      	 
      
	
                    Section
      3.11

                  	 
      	
                    CUSIP and ISIN Numbers

                  	
                      

                  	
                    35

                  
	 
      	 
      	 
      
	
                    ARTICLE
      4

                  	 
      	
                    SATISFACTION AND DISCHARGE OF INDENTURE

                  	
                      

                  	
                    36

                  
	 
      	 
      	 
      
	
                    Section
      4.1

                  	 
      	
                    Satisfaction and Discharge

                  	
                      

                  	
                    36

                  
	 
      	 
      	 
      
	
                    Section
      4.2

                  	 
      	
                    Defeasance and Covenant Defeasance

                  	
                      

                  	
                    37

                  
	 
      	 
      	 
      
	
                    Section
      4.3

                  	 
      	
                    Application of Trust Money

                  	
                      

                  	
                    41

                  
	 
      	 
      	 
      
	
                    Section
      4.4

                  	 
      	
                    Qualifying Trustee

                  	
                      

                  	
                    41

                  
	 
      	 
      	 
      
	
                    ARTICLE
      5

                  	 
      	
                    REMEDIES

                  	
                      

                  	
                    42

                  
	 
      	 
      	 
      
	
                    Section
      5.1

                  	 
      	
                    Events of Default

                  	
                      

                  	
                    42

                  
	 
      	 
      	 
      
	
                    Section
      5.2

                  	 
      	
                    Acceleration of Maturity; Rescission and
      Annulment

                  	
                      

                  	
                    43

                  
	 
      	 
      	 
      
	
                    Section
      5.3

                  	 
      	
                    Collection of Indebtedness and Suits for Enforcement by
      Trustee

                  	
                      

                  	
                    44

                  
	 
      	 
      	 
      
	
                    Section
      5.4

                  	 
      	
                    Trustee May File Proofs of Claim

                  	
                      

                  	
                    45

                  
	 
      	 
      	 
      
	
                    Section
      5.5

                  	 
      	
                    Trustee May Enforce Claims without Possession of
      Securities

                  	
                      

                  	
                    46

                  
	 
      	 
      	 
      
	
                    Section
      5.6

                  	 
      	
                    Application of Money Collected

                  	
                      

                  	
                    46

                  
	 
      	 
      	 
      
	
                    Section
      5.7

                  	 
      	
                    Limitations on Suits

                  	
                      

                  	
                    47

                  
	 
      	 
      	 
      
	
                    Section
      5.8

                  	 
      	
                    Unconditional Right of Holders to Receive Principal and
      any Premium, Interest and Additional Amounts

                  	
                      

                  	
                    47

                  
	 
      	 
      	 
      
	
                    Section
      5.9

                  	 
      	
                    Restoration of Rights and Remedies

                  	
                      

                  	
                    48

                  
	 
      	 
      	 
      
	
                    Section
      5.10

                  	 
      	
                    Rights and Remedies Cumulative

                  	
                      

                  	
                    48

                  
	 
      	 
      	 
      
	
                    Section
      5.11

                  	 
      	
                    Delay or Omission Not Waiver

                  	
                      

                  	
                    48

                  
	 
      	 
      	 
      
	
                    Section 5.12

                  	 
      	
                    Control by Holders of Securities

                  	
                      

                  	
                    48

                  

          

        

      

    

    

    
      
        
           

        

        
          ii

          
            

          

        

        
           

        

      

    

    

    

    
      
        
          
            	
                    Section
      5.13

                  	 
      	
                    Waiver of Past or Existing Defaults

                  	
                      

                  	
                    49

                  
	 
      	 
      	 
      
	
                    Section
      5.14

                  	 
      	
                    Waiver of Stay or Extension Laws

                  	
                      

                  	
                    49

                  
	 
      	 
      	 
      
	
                    Section
      5.15

                  	 
      	
                    Undertaking for Costs

                  	
                      

                  	
                    49

                  
	 	 	 	 	 
	
                    ARTICLE
      6

                  	 
      	
                    THE TRUSTEE

                  	
                      

                  	
                    50

                  
	 
      	 
      	 
      
	
                    Section
      6.1

                  	 
      	
                    Certain Duties and Responsibilities

                  	
                      

                  	
                    50

                  
	 
      	 
      	 
      
	
                    Section
      6.2

                  	 
      	
                    Certain Rights of Trustee

                  	
                      

                  	
                    50

                  
	 
      	 
      	 
      
	
                    Section
      6.3

                  	 
      	
                    Notice of Defaults

                  	
                      

                  	
                    53

                  
	 
      	 
      	 
      
	
                    Section
      6.4

                  	 
      	
                    Not Responsible for Recitals or Issuance of
      Securities

                  	
                      

                  	
                    54

                  
	 
      	 
      	 
      
	
                    Section
      6.5

                  	 
      	
                    May Hold Securities

                  	
                      

                  	
                    54

                  
	 
      	 
      	 
      
	
                    Section
      6.6

                  	 
      	
                    Money Held in Trust

                  	
                      

                  	
                    54

                  
	 
      	 
      	 
      
	
                    Section
      6.7

                  	 
      	
                    Compensation and Reimbursement

                  	
                      

                  	
                    54

                  
	 
      	 
      	 
      
	
                    Section
      6.8

                  	 
      	
                    Corporate Trustee Required; Eligibility; Conflicting
      Interests

                  	
                      

                  	
                    56

                  
	 
      	 
      	 
      
	
                    Section
      6.9

                  	 
      	
                    Resignation and Removal; Appointment of
      Successor

                  	
                      

                  	
                    56

                  
	 
      	 
      	 
      
	
                    Section
      6.10

                  	 
      	
                    Acceptance of Appointment by Successor

                  	
                      

                  	
                    58

                  
	 
      	 
      	 
      
	
                    Section
      6.11

                  	 
      	
                    Merger, Conversion, Consolidation or Succession to
      Business

                  	
                      

                  	
                    59

                  
	 
      	 
      	 
      
	
                    Section 6.12

                  	 
      	
                    Appointment of Authenticating Agent

                  	
                      

                  	
                    60

                  
	 
      	 
      	 
      
	
                    ARTICLE
      7

                  	 
      	
                    HOLDERS LISTS AND REPORTS BY TRUSTEE AND
      COMPANY

                  	
                      

                  	
                    62

                  
	 
      	 
      	 
      
	
                    Section
      7.1

                  	 
      	
                    Company to Furnish Trustee Names and Addresses of
      Holders

                  	
                      

                  	
                    62

                  
	 
      	 
      	 
      
	
                    Section
      7.2

                  	 
      	
                    Preservation of Information; Communications to
      Holders

                  	
                      

                  	
                    62

                  
	 
      	 
      	 
      
	
                    Section
      7.3

                  	 
      	
                    Reports by Trustee

                  	
                      

                  	
                    62

                  
	 
      	 
      	 
      
	
                    Section
      7.4

                  	 
      	
                    Reports by Company

                  	
                      

                  	
                    63

                  
	 
      	 
      	 
      
	
                    ARTICLE
      8

                  	 
      	
                    CONSOLIDATION, MERGER AND SALES

                  	
                      

                  	
                    64

                  
	 
      	 
      	 
      
	
                    Section
      8.1

                  	 
      	
                    Company May Consolidate, etc., Only on Certain
      Terms

                  	
                      

                  	
                    64

                  
	 
      	 
      	 
      
	
                    Section
      8.2

                  	 
      	
                    Successor Person Substituted for
    Company

                  	
                      

                  	
                    64

                  
	 
      	 
      	 
      
	
                    ARTICLE
      9

                  	 
      	
                    SUPPLEMENTAL INDENTURES

                  	
                      

                  	
                    65

                  
	 
      	 
      	 
      
	
                    Section
      9.1

                  	 
      	
                    Supplemental Indentures Without Consent of
      Holders

                  	
                      

                  	
                    65

                  
	 
      	 
      	 
      
	
                    Section
      9.2

                  	 
      	
                    Supplemental Indentures With Consent of
      Holders

                  	
                      

                  	
                    67

                  
	 
      	 
      	 
      
	
                    Section
      9.3

                  	 
      	
                    Execution of Supplemental Indentures

                  	
                      

                  	
                    68

                  

          

        

      

    

    

    
      
        
           

        

        
          iii

          
            

          

        

        
           

        

      

    

    

    

    
      
        
          
            	
                    Section
      9.4

                  	 
      	
                    Revocation of Consents

                  	
                      

                  	
                    69

                  
	 	 	 	 	 
	
                    Section
      9.5

                  	 
      	
                    Effect of Supplemental Indentures

                  	
                      

                  	
                    69

                  
	 
      	 
      	 
      
	
                    Section
      9.6

                  	 
      	
                    Reference in Securities to Supplemental
      Indentures

                  	
                      

                  	
                    69

                  
	 
      	 
      	 
      
	
                    Section
      9.7

                  	 
      	
                    Conformity with Trust Indenture Act

                  	
                      

                  	
                    69

                  
	 
      	 
      	 
      
	
                    Section
      9.8

                  	 
      	
                    Notice of Supplemental Indenture

                  	
                      

                  	
                    70

                  
	 
      	 
      	 
      
	
                    ARTICLE
      10

                  	 
      	
                    COVENANTS

                  	
                      

                  	
                    70

                  
	 
      	 
      	 
      
	
                    Section
      10.1

                  	 
      	
                    Payment of Principal, any Premium, Interest and
      Additional Amounts

                  	
                      

                  	
                    70

                  
	 
      	 
      	 
      
	
                    Section
      10.2

                  	 
      	
                    Maintenance of Office or Agency

                  	
                      

                  	
                    70

                  
	 
      	 
      	 
      
	
                    Section
      10.3

                  	 
      	
                    Money for Securities Payments to Be Held in
      Trust

                  	
                      

                  	
                    71

                  
	 
      	 
      	 
      
	
                    Section
      10.4

                  	 
      	
                    Additional Amounts

                  	
                      

                  	
                    72

                  
	 
      	 
      	 
      
	
                    Section
      10.5

                  	 
      	
                    Waiver of Certain Covenants

                  	
                      

                  	
                    73

                  
	 
      	 
      	 
      
	
                    Section
      10.6

                  	 
      	
                    Company Statement as to Compliance

                  	
                      

                  	
                    73

                  
	 
      	 
      	 
      
	
                    ARTICLE
      11

                  	 
      	
                    REDEMPTION OF SECURITIES

                  	
                      

                  	
                    74

                  
	 
      	 
      	 
      
	
                    Section
      11.1

                  	 
      	
                    Applicability of Article

                  	
                      

                  	
                    74

                  
	 
      	 
      	 
      
	
                    Section
      11.2

                  	 
      	
                    Election to Redeem; Notice to Trustee

                  	
                      

                  	
                    74

                  
	 
      	 
      	 
      
	
                    Section
      11.3

                  	 
      	
                    Selection by Trustee of Securities to be
      Redeemed

                  	
                      

                  	
                    74

                  
	 
      	 
      	 
      
	
                    Section
      11.4

                  	 
      	
                    Notice of Redemption

                  	
                      

                  	
                    75

                  
	 
      	 
      	 
      
	
                    Section
      11.5

                  	 
      	
                    Deposit of Redemption Price

                  	
                      

                  	
                    76

                  
	 
      	 
      	 
      
	
                    Section
      11.6

                  	 
      	
                    Securities Payable on Redemption Date

                  	
                      

                  	
                    77

                  
	 
      	 
      	 
      
	
                    Section
      11.7

                  	 
      	
                    Securities Redeemed in Part

                  	
                      

                  	
                    77

                  
	 
      	 
      	 
      
	
                    Section 11.8

                  	 
      	
                    Repurchases on the Open Market

                  	
                      

                  	
                    78

                  
	 
      	 
      	 
      
	
                    ARTICLE
      12

                  	 
      	
                    SINKING FUNDS

                  	
                      

                  	
                    78

                  
	 
      	 
      	 
      
	
                    Section
      12.1

                  	 
      	
                    Applicability of Article

                  	
                      

                  	
                    78

                  
	 
      	 
      	 
      
	
                    Section
      12.2

                  	 
      	
                    Satisfaction of Sinking Fund Payments with
      Securities

                  	
                      

                  	
                    78

                  
	 
      	 
      	 
      
	
                    Section
      12.3

                  	 
      	
                    Redemption of Securities for Sinking
    Fund

                  	
                      

                  	
                    79

                  
	 
      	 
      	 
      
	
                    ARTICLE
      13

                  	 
      	
                    REPAYMENT AT THE OPTION OF HOLDERS

                  	
                      

                  	
                    79

                  
	 
      	 
      	 
      
	
                    Section
      13.1

                  	 
      	
                    Applicability of Article

                  	
                      

                  	
                    79

                  

          

        

      

    

    

    
      
        
           

        

        
          iv

          
            

          

        

        
           

        

      

    

    

    

    
      
        
          
            	
                    ARTICLE
      14

                  	 
      	
                    SECURITIES IN FOREIGN CURRENCIES

                  	
                      

                  	
                    80

                  
	 
      	 
      	 
      
	
                    Section
      14.1

                  	 
      	
                    Applicability of Article

                  	
                      

                  	
                    80

                  
	 	 	 	 	 
	
                    ARTICLE
      15

                  	
                      

                  	
                    MEETINGS OF HOLDERS OF SECURITIES

                  	
                      

                  	
                    80

                  
	 
      	 
      	 
      
	
                    Section
      15.1

                  	
                      

                  	
                    Purposes for Which Meetings May Be
    Called

                  	
                      

                  	
                    80

                  
	 
      	 
      	 
      
	
                    Section
      15.2

                  	
                      

                  	
                    Call, Notice and Place of Meetings

                  	
                      

                  	
                    80

                  
	 
      	 
      	 
      
	
                    Section
      15.3

                  	
                      

                  	
                    Persons Entitled to Vote at Meetings

                  	
                      

                  	
                    81

                  
	 
      	 
      	 
      
	
                    Section
      15.4

                  	
                      

                  	
                    Quorum; Action

                  	
                      

                  	
                    81

                  
	 
      	 
      	 
      
	
                    Section
      15.5

                  	
                      

                  	
                    Determination of Voting Rights; Conduct and Adjournment
      of Meetings

                  	
                      

                  	
                    82

                  
	 
      	 
      	 
      
	
                    Section 15.6

                  	
                      

                  	
                    Counting Votes and Recording Action of
      Meetings

                  	
                      

                  	
                    83

                  

          

        

      

    

    

    

    

    
      
        
           

        

        
          v

          
            

          

        

        
           

        

      

    

    

    INDENTURE
(the “Indenture”), dated as
of
                    ,
between DELCATH SYSTEMS, INC., a corporation existing under the laws of the
State of Delaware (the “Company”), and
                    ,
                    ,
as trustee (the “Trustee”).

     

    RECITALS

     

    The
Company has duly authorized the execution and delivery of this Indenture to
provide for the issuance from time to time of its debentures, notes or other
evidences of indebtedness (hereinafter called the “Securities”),
unlimited as to principal amount, to bear such rates of interest, to mature at
such time or times, to be issued in one or more series and to have such other
provisions as shall be fixed as hereinafter provided.

     

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

     

    NOW,
THEREFORE, THIS INDENTURE WITNESSETH:

     

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

     

    ARTICLE 1.

     

    DEFINITIONS
AND OTHER PROVISIONS OF GENERAL APPLICATION

     

    Section
1.1. Definitions;
Rules of Construction

     

    Except as
otherwise expressly provided in or pursuant to this Indenture or unless the
context otherwise requires, for all purposes of this Indenture:

     

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

     

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

     

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

     

    (4)           the words
“herein,” “hereof,” “hereto” 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;

     

    (5)           the word
“or” is always used inclusively (for example, the phrase “A or B” means “A or B
or both,” not “either A or B but not both”);

     

    (6)           provisions
apply to successive events and transactions;

    

    
      
        
           

        

        
           

          
            

          

        

        
           

        

      

    

    

     

    (7)           any
reference to gender includes the masculine, feminine and the neuter, as the case
may be;

     

    (8)           references
to agreements and other instruments include subsequent amendments thereto and
restatements thereof;

     

    (9)           “including”
means “including without limitation”;

     

    (10)           all
exhibits are incorporated by reference herein and expressly made a part of this
Indenture;

     

    (11)           all
references to articles, sections and exhibits (and subparts thereof) are to this
Indenture; and

     

    (12)           any
transaction or event shall be considered “permitted by” or made “in accordance
with” or “in compliance with” this Indenture or any particular provision thereof
if such transaction or event is not expressly prohibited by this Indenture or
such provision, as the case may be.

     

    Certain
terms used principally in certain Articles hereof are defined in those
Articles.

     

    “Act,” when used with
respect to any Holders, has the meaning specified in
Section 1.4.

     

    “Additional Amounts”
means any additional amounts which are required by this Indenture or by any
Security, under circumstances specified herein or therein, to be paid by the
Company in respect of certain taxes, assessments or other governmental charges
imposed on Holders specified therein and which are owing to such
Holders.

     

    “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 the meanings correlative to the foregoing.

     

    Applicable
Procedures” means, with respect to any transfer or exchange of or for
beneficial interests in any Global Security, the rules and procedures of the
Depositary that apply to such transfer or exchange at the relevant
time.

     

    “Authenticating Agent”
means any Person authorized by the Trustee pursuant to Section 6.12 to act
on behalf of the Trustee to authenticate Securities of one or more
series.

     

    “Authorized Newspaper”
means a newspaper, in an official language of the place of publication or in the
English language, customarily published on each day that is a Business Day in
the place of publication, whether or not published on days that are Legal
Holidays in the place of publication, and of general circulation in each place
in connection with which the term is used or in the financial community of each
such place. Where successive publications are required to be made in Authorized
Newspapers, the successive publications may be made in the same or in different
newspapers in the same city meeting the foregoing requirements and in each case
on any day that is a Business Day in the place of publication. If it shall be
impractical in the opinion of the Trustee to make any publication of any notice
required hereby in an Authorized Newspaper, any publication or other notice in
lieu thereof which is made or given with the approval of the Trustee shall
constitute a sufficient publication of such notice.

    

    
      
        
           

        

        
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    “Board of Directors”
means:

     

    (1)           with
respect to the Company, the board of directors of the Company or any committee
of the board of directors of the Company duly authorized to act generally or in
any particular respect for the Company under this Indenture;

     

    (2)           with
respect to any other corporation, the board of directors of the corporation or
any authorized committee thereof;

     

    (3)           with
respect to a limited liability company, the managing member or managing members
of such limited liability company or any authorized committee
thereof;

     

    (4)           with
respect to a partnership, the board of directors of the general partner of the
partnership or any authorized committee thereof; and

     

    (5)           with
respect to any other Person, the board or committee of such Person serving a
similar function.

     

    “Board Resolution” means a copy of one
or more resolutions (which may be standing resolutions), certified by the
Secretary or an Assistant Secretary of the Company to have been duly adopted by
the Board of Directors of the Company and to be in full force and effect on the
date of such certification, and delivered to the Trustee.

     

    “Business Day” means, unless otherwise
specified with respect to any Securities pursuant to Section 3.1, each day
that is not a Saturday, Sunday or other day on which banking institutions in New
York, New York or another Place of Payment are authorized or required by law,
regulation or executive order to close.

     

    “Capital Stock” means:

     

    (1)           in
the case of a corporation, corporate stock;

     

    (2)           in
the case of an association or business entity, any and all shares, interests,
participations, rights or other equivalents (however designated) of corporate
stock;

     

    (3)           in
the case of a partnership or limited liability company, partnership or
membership interests (whether general or limited); and

     

    (4)           any
other interest or participation that confers on a Person the right to receive a
share of the profits and losses of, or distributions of assets of, the issuing
Person.

     

    “Commission” means the Securities and
Exchange Commission, as from time to time constituted, created under the
Exchange Act or any successor agency.

     

    “Common Stock” includes any stock of
any class of the Company which has no preference in respect of dividends or of
amounts payable in the event of any voluntary or involuntary liquidation,
dissolution or winding up of the Company.

     

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

    

    
      
        
           

        

        
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    “Company Request” and “Company Order” mean, respectively, a
written request or order, as the case may be, signed in the name of the Company
by the Chairman of the Board of Directors of the Company, a Vice Chairman, the
President, a Vice President, the Treasurer, the Assistant Treasurer, the
Secretary or the Assistant Secretary or other person authorized by resolution of
the Board of Directors of the Company, and delivered to the
Trustee.

     

    “Corporate Trust Office” means the
designated office of the Trustee at which the corporate trust business of the
Trustee shall at any particular time be administered, which office at the date
of original execution of this Indenture is located at
                                .

     

    “Corporation” includes corporations and
limited liability companies and, except for purposes of Article 8,
associations, companies (other than limited liability companies) and business
trusts.

     

    “Currency” means, with respect to any
payment, deposit or other transfer in respect of the principal of or any premium
or interest on or any Additional Amounts with respect to any Security, Dollars
or the Foreign Currency, as the case may be, in which such payment, deposit or
other transfer is required to be made by or pursuant to the terms hereof or such
Security and, with respect to any other payment, deposit or transfer pursuant to
or contemplated by the terms hereof or such Security, means
Dollars.

     

    “CUSIP number” means the alphanumeric
designation assigned to a Security by Standard & Poor’s Corporation,
CUSIP Service Bureau.

     

    “Defaulted Interest” has the meaning
specified in Section 3.7.

     

    “Definitive Security” means a
certificated Security registered in the name of the Holder thereof (other than a
Depositary or its nominee) issued under this Indenture pursuant to
Section 3.1 and Section 3.5.

     

    “Dollars” or “$” means a dollar or other equivalent
unit of legal tender for payment of public or private debts in the United States
of America.

     

    “Event of Default” has the meaning
specified in Section 5.1.

     

    “Exchange Act” means the Securities
Exchange Act of 1934, as amended, or any successor thereto, in each case as
amended from time to time.

     

    “Foreign Currency” means any currency,
currency unit or composite currency, including, without limitation, the euro,
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.

     

    “GAAP” means generally accepted
accounting principles in the United States, which are in effect from time to
time.

     

    “Global Security” means a Security
issued under this Indenture in global form pursuant to Section 3.1, bearing
the legend set forth in Section 2.3 and deposited with, or on behalf of,
and registered in the name of, the Depositary or its nominee.

     

    “Government Obligations” means
securities which are (i) direct obligations of the United States of America
or the other government or governments in the confederation which issued the
Foreign Currency in which the principal of or any premium or interest on any
Security or any Additional Amounts in respect thereof shall be payable, in each
case where

    

    
      
        
           

        

        
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    the
payment or payments thereunder are supported by the full faith and credit of the
United States or such government or governments or (ii) obligations of
a

     

    Person
controlled or supervised by and acting as an agency or instrumentality of the
United States of America or such other government or governments, in each case
where the timely payment or payments thereunder are unconditionally guaranteed
as a full faith and credit obligation by the United States of America or such
other government or governments, and which, in the case of (i) or (ii), are
not callable or redeemable at the option of the issuer or issuers thereof, and
shall also include a Depositary receipt issued by a bank or trust company as
custodian with respect to any such Government Obligation or a specific payment
of interest on or principal of or other amount with respect to any such
Government Obligation held by such custodian for the account of the holder of a
Depositary 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 Depositary receipt from any amount received by the custodian in respect of
the Government Obligation or the specific payment of interest on or principal of
or other amount with respect to the Government Obligation evidenced by such
Depositary receipt.

     

    “Holder” means, in the case of any
Registered Security, the Person in whose name such Security is registered in the
Security Register.

     

    “Indenture” means this instrument 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, with respect to any Security of any series, by the terms and provisions of
such Security established pursuant to Section 3.1 (as such terms and
provisions may be amended pursuant to the applicable provisions hereof);
provided, however, that, if at any time more than one Person is acting as
Trustee under this instrument, “Indenture” shall mean, with respect to any one
or more series of Securities for which such Person is Trustee, 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 those particular
series of Securities for which such Person is Trustee established pursuant to
Section 3.1, exclusive, however, of any provisions or terms which relate
solely to other series of Securities for which such Person is not Trustee,
regardless of when such terms or provisions were adopted.

     

    “Independent Registered
Public Accounting Firm” means a firm of accountants that, with respect to
the Company and any other obligor under the Securities, is an independent
registered public accounting firm within the meaning of the Securities Act of
1933, as amended, and the rules and regulations promulgated by the Commission
thereunder, who may be the independent registered public accounting firm
regularly retained by the Company or who may be another independent registered
public accounting firm. Such firm shall be entitled to rely upon any Opinion of
Counsel as to the interpretation of any legal matters relating to this Indenture
or certificates required to be provided hereunder.

     

    “Indexed Security”
means a Security the terms of which provide that the principal amount thereof
payable at Stated Maturity may be more or less than the principal face amount
thereof at original issuance.

     

    “Indirect Participant”
means an entity that, with respect to any Depositary, clears through or
maintains a direct or indirect, custodial relationship with a
Participant.

     

    “interest” means any
interest specified in any Security as being payable with respect to that
Security and, with respect to any Original Issue Discount Security which by its
terms bears interest only after Maturity, means interest payable after Maturity
and, when used with respect to a Security which provides for the payment of
Additional Amounts pursuant to Section 10.4, includes such Additional
Amounts.

    

    
      
        
           

        

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

     

    “Joint Venture” means
any Person that is not a direct or indirect Subsidiary of the Company in which
the Company or any of its Subsidiaries owns any Capital Stock.

     

    “Judgment Currency”
has the meaning specified in Section 1.16.

     

    “Legal Holiday” has
the meaning specified in Section 1.14.

     

    “Maturity” means, with
respect to any Security, the date on which the principal of such Security or an
installment of principal becomes due and payable as provided in or pursuant to
this Indenture, whether at the Stated Maturity or by declaration of
acceleration, notice of redemption or repurchase, notice of option to elect
repayment or otherwise, and includes the Redemption Date.

     

    “New York Banking Day”
has the meaning specified in Section 1.16.

     

    “Office” or “Agency,” means, with
respect to any Securities, an office or agency of the Company maintained or
designated in a Place of Payment for such Securities pursuant to
Section 10.2 or any other office or agency of the Company maintained or
designated for such Securities pursuant to Section 10.2 or, to the extent
designated or required by Section 10.2 in lieu of such office or agency,
the Corporate Trust Office of the Trustee.

     

    “Officer” means, with
respect to any Person, the Chairman of the Board of Directors, a Vice Chairman,
the Chief Executive Officer, the President, any Vice President (without regard
to qualifiers such as “Executive” or “Senior”), the Chief Operating Officer, the
Chief Financial Officer, the Treasurer, an Assistant Treasurer, the Controller,
the Secretary or an Assistant Secretary of such Person, or other Person
authorized by resolution of the Board of Directors of such Person.

     

    “Officer’s
Certificate” means a certificate signed by an Officer, that, if
applicable, complies with the requirements of Section 314(e) of the Trust
Indenture Act and is delivered to the Trustee.

     

    “Opinion of Counsel”
means a written opinion of counsel, who may be an employee of or counsel for the
Company or other counsel that, if applicable, complies with the requirements of
Section 314(e) of the Trust Indenture Act.

     

    “Original Issue Discount
Security” means a Security issued pursuant to this Indenture which
provides, at any time prior to the final Stated Maturity of such Security, for
declaration of an amount less than the principal amount thereof to be due and
payable upon acceleration pursuant to Section 5.2.

     

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

     

    (1)           any
such Security theretofore cancelled by the Trustee or delivered to the Trustee
for cancellation including Securities tendered and exchanged for other
securities of the Company;

     

    (2)           any
such Security of any series for which payment at the Maturity thereof money in
the necessary amount has been theretofore deposited pursuant hereto (other than
pursuant to Section 4.2) 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 

    

    
      
        
           

        

        
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    act as
its own Paying Agent) for the Holders of such series of Securities, provided
that, if such Securities are to be redeemed, notice of such redemption has been
duly given pursuant to this Indenture or provision therefor satisfactory to the
Trustee has been made;

     

    (3)           any
such Security of any series with respect to which the Company has effected
defeasance or covenant defeasance pursuant to the terms hereof, except to the
extent provided in Section 4.2;

     

    (4)           any
such Security which has been paid pursuant to Section 3.6 or in exchange
for or in lieu of which other Securities have been authenticated and delivered
pursuant to this Indenture, unless there shall have been presented to the
Trustee proof satisfactory to it that such Security is held by a “protected
purchaser” (as such term is defined in the New York Uniform Commercial Code) in
whose hands such Security is a valid obligation of the Company; and

     

    (5)           any
such Security converted or exchanged as contemplated by this Indenture into
Common Stock or other securities, cash or other property, if the terms of such
Security provide for such conversion or exchange pursuant to Section 3.1;
provided, however, that in determining whether the Holders of the requisite
principal amount of Outstanding Securities of any series have given any request,
demand, authorization, direction, notice, consent or waiver hereunder or are
present at a meeting of Holders of Securities of such series for quorum
purposes, (i) the principal amount of an Original Issue Discount Security
that may be counted in making such determination and that shall be deemed to be
Outstanding for such purposes shall be equal to the amount of the principal
thereof that pursuant to the terms of such Original Issue Discount Security
would be declared (or shall have been declared to be) due and payable upon a
declaration of acceleration thereof pursuant to Section 5.2 at the time of
such determination, and (ii) the principal amount of any Indexed Security
that may be counted in making such determination and that shall be deemed
Outstanding for such purpose shall be equal to the principal face amount of such
Indexed Security at original issuance, unless otherwise provided in or pursuant
to this Indenture, and (iii) the principal amount of a Security denominated
in a Foreign Currency shall be the Dollar equivalent, determined on the date of
original issuance of such Security, of the principal amount (or, in the case of
an Original Issue Discount Security, the Dollar equivalent on the date of
original issuance of such Security of the amount determined as provided in
(i) above) of such Security, and (iv) 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 making any such
determination or relying upon any such request, demand, authorization,
direction, notice, consent or waiver, only Securities which a Responsible
Officer actually knows to be so owned shall be so disregarded. Securities so
owned which shall have been pledged in good faith may be regarded as Outstanding
if the pledgee establishes to the satisfaction of a Responsible Officer
(A) the pledgee’s right so to act with respect to such Securities and
(B) that the pledgee is not the Company or any other obligor upon the
Securities or an Affiliate of the Company or such other obligor.

     

    “Participant” means,
with respect to the Depositary, a Person who has an account with the
Depositary.

     

    “Paying Agent” means
any Person authorized by the Company to pay the principal of, or any premium or
interest on, or any Additional Amounts with respect to, any Security on behalf
of the Company.

    

    
      
        
           

        

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

     

    “Place of Payment”
means, with respect to any Security, the place or places where the principal of,
or any premium or interest on, or any Additional Amounts with respect to such
Security are payable as provided in or pursuant to this Indenture or such
Security.

     

    “Predecessor Security”
of any particular Security means every previous Security evidencing all or a
portion of the same indebtedness as that evidenced by such particular Security;
and, for the purposes of this definition, any Security authenticated and
delivered under Section 3.6 in exchange for or in lieu of a lost,
destroyed, mutilated or stolen Security shall be deemed to evidence the same
indebtedness as the lost, destroyed, mutilated or stolen Security.

     

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

     

    “Redemption Price”
means, with respect to any Security or portion thereof to be redeemed, the price
at which it is to be redeemed including, if applicable, accrued and unpaid
interest and Additional Amounts as determined by or pursuant to this Indenture
or such Security.

     

    “Registered Security”
means any Security established pursuant to Section 2.1 which is registered
in the Security Register.

     

    “Regular Record Date”
for the interest payable on any Registered Security on any Interest Payment Date
therefor means the date, if any, specified in or pursuant to this Indenture or
such Security as the “Regular Record Date.”

     

    “Required Currency”
has the meaning specified in Section 1.16.

     

    “Responsible Officer”
means any officer of the Trustee in its Corporate Trust Office with direct
responsibility for the administration of this Indenture, and also, with respect
to a particular corporate trust matter, any other officer of the Trustee to whom
such matter is referred because of such officer’s knowledge of and familiarity
with the particular subject.

     

    “Security” or “Securities” means any
note or notes, bond or bonds, debenture or debentures, or any other evidences of
indebtedness, as the case may be, authenticated and delivered under this
Indenture; provided, however, that, if at any time there is more than one Person
acting as Trustee under this Indenture, “Securities,” with respect to any such
Person, shall mean Securities authenticated and delivered under this Indenture,
exclusive, however, of Securities of any series as to which such Person is not
Trustee.

     

    “Security Register,”
“Security
Registrar” and “Registrar” have the
respective meanings specified in Section 3.5.

     

    “series” means a
series of Securities established under this Indenture.

     

    “Special Record Date”
for the payment of any Defaulted Interest on any Registered Security means a
date fixed by the Trustee pursuant to Section 3.7.

    

    
      
        
           

        

        
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    “Stated Maturity”
means, with respect to any Security or any installment of principal thereof or
interest thereon or any Additional Amounts with respect thereto, the date
established by or pursuant to this Indenture or such Security as the fixed date
on which the principal of such Security or such installment of principal or
interest is, or such Additional Amounts are, due and payable.

     

    “Subsidiary” means,
with respect to any specified Person:

     

    (1)           any
corporation, association or other business entity (other than a partnership or
limited liability company) of which more than 50% of the total voting power of
Voting Stock is at the time owned or controlled, directly or indirectly, by that
Person or one or more of the other Subsidiaries of that Person (or a combination
thereof); and

     

    (2)           any
partnership (whether general or limited) or limited liability company
(a) the sole general partner or member of which is such Person or a
Subsidiary of such Person, or (b) if there is more than a single general
partner or member, either (x) the only managing general partners or
managing members of which are such Person or one or more Subsidiaries of such
Person (or any combination thereof) or (y) such Person owns or controls,
directly or indirectly, a majority of the outstanding general partner interests,
member interests or other Voting Stock of such partnership or limited liability
company, respectively.

     

    “Trust Indenture Act”
or “TIA” means
the Trust Indenture Act of 1939, as amended, and any reference herein to the
Trust Indenture Act or a particular provision thereof shall mean such Act or
provision, as the case may be, as amended or replaced from time to time or as
supplemented from time to time by rules or regulations adopted by the Commission
under or in furtherance of the purposes of such Act or provision, as the case
may be.

     

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

     

    “United States” means,
except as otherwise provided in or pursuant to this Indenture or any Security,
the United States of America (including the states thereof and the District of
Columbia), its territories and possessions and other areas subject to its
jurisdiction.

     

    “United States Alien”
means, except as otherwise provided in or pursuant to this Indenture or any
Security, any Person who, for United States federal income tax purposes, is a
foreign corporation, a non-resident alien individual, a non-resident alien
fiduciary of a foreign estate or trust, or a foreign partnership one or more of
the members of which is, for United States federal income tax purposes, a
foreign corporation, a non-resident alien individual or a non-resident alien
fiduciary of a foreign estate or trust.

     

    “U.S. Depositary” or
“Depositary”
means, with respect to any Security issuable or issued in the form of one or
more Global Securities, the Person designated as U.S. Depositary or Depositary
by the Company in or pursuant to this Indenture, which Person must be, to the
extent required by applicable law or regulation, a clearing agency registered
under the Exchange Act and, if so provided with respect to any Security, any
successor to such Person. If at any time there is more than one such Person,
“U.S. Depositary” or “Depositary” shall mean, with respect to any Securities,
the qualifying entity which has been appointed with respect to such
Securities.

    

    
      
        
           

        

        
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    “Vice President”
means, when used with respect to the Company or the Trustee, 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” of any
Person as of any date means the Capital Stock of such Person that is at the time
entitled (without regard to the occurrence of any contingency) to vote in the
election of the Board of Directors of such Person.

     

    Section 1.2. Compliance Certificates and
Opinions

     

    Except as
otherwise expressly provided in or pursuant to this Indenture, 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
Officer’s Certificate stating that all conditions 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, 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
or any of them 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
or covenant provided for in this Indenture (other than a certificate delivered
pursuant to Section 10.6) shall include:

     

    (1)           a
statement that each individual signing such certificate or opinion has read such
condition or covenant 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 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 condition or covenant has been
complied with; and

     

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

     

    Section 1.3. Form of Documents Delivered
to Trustee

     

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

     

    Any
certificate or opinion of an Officer of the Company may be based, insofar as it
relates to legal matters, upon an Opinion of Counsel, unless such Officer knows
that the opinion with respect to the matters upon which his certificate or
opinion is based are erroneous. Any such 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 that the certificate or opinion or
representations with respect to such matters are erroneous. Any certificate,
statement or opinion of an

    

    
      
        
           

        

        
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    Officer
of the Company or any Opinion of Counsel may be based, insofar as it relates to
accounting matters, upon a certificate or opinion of or representations by an
accountant or firm of accountants in the employ of the Company, unless such
Officer or counsel, as the case may be, knows that the certificate or opinion or
representations with respect to the accounting matters upon which his
certificate, statement or opinion may be based as aforesaid 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 or any Security, they may, but need not, be consolidated and form one
instrument.

     

    Section 1.4. Acts of
Holders

     

    (1)           Any
request, demand, authorization, direction, notice, consent, waiver or other
action provided by or pursuant to this Indenture to be given or taken by Holders
may be embodied in and evidenced by one or more instruments (including
instruments in electronic, digital or other machine-readable form) of
substantially similar tenor signed by such Holders (whether in person or through
signatures in electronic, digital or other machine-readable form) or by an agent
duly appointed in writing (including writings in electronic, digital or other
machine-readable form) or may be embodied in and evidenced by the record of
Holders voting in favor thereof, either in person or by proxies duly appointed
in writing, at any meeting of Holders duly called and held in accordance with
the provisions of Article 15, or a combination of such instruments or
record. Except as herein otherwise expressly provided, such action shall become
effective when such instrument or instruments or record or both are delivered to
the Trustee and, where it is hereby expressly required, to the Company. Such
instrument or instruments or record or both (and the action embodied therein and
evidenced thereby) are herein sometimes referred to as the “Act” of the Holders
signing such instrument or instruments or so voting at any such meeting. Proof
of execution of any such instrument or of a writing appointing any such agent,
or of the holding by any Person of a Security, shall be sufficient for any
purpose of this Indenture and (subject to Section 315 of the Trust
Indenture Act) 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 1.4. The record of any meeting of Holders of Securities shall be
proved in the manner provided in Section 15.6.

     

    Without
limiting the generality of this Section 1.4, unless otherwise provided in
or pursuant to this Indenture, a Holder, including a U.S. Depositary that is a
Holder of a Global Security, may make, give or take, by a proxy or proxies, duly
appointed in writing, any request, demand, authorization, direction, notice,
consent, waiver or other Act provided in or pursuant to this Indenture or the
Securities to be made, given or taken by Holders, and a U.S. Depositary that is
a Holder of a Global Security may provide its proxy or proxies to the beneficial
owners of interests in any such Global Security through such U.S. Depositary’s
standing instructions and customary practices.

     

    The
Trustee may fix a record date for the purpose of determining the Persons who are
beneficial owners of interests in any permanent Global Security held by a U.S.
Depositary entitled under the procedures of such U.S. Depositary to make, give
or take, by a proxy or proxies duly appointed in writing, any request, demand,
authorization, direction, notice, consent, waiver or other Act provided in or
pursuant to this Indenture to be made, given or taken by Holders.

     

    (2)           The
fact and date of the execution by any Person of any such instrument or writing
referred to in this Section 1.4 may be proved in any reasonable manner
which the Trustee deems sufficient and in accordance with such reasonable rules
as the Trustee may determine; and the Trustee may in any instance require
further proof with respect to any of the matters referred to in this
Section 1.4.

    

    
      
        
           

        

        
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    (3)           The
ownership, principal amount and serial numbers of Registered Securities held by
any Person, and the date of the commencement and the date of the termination of
holding the same, shall be proved by the Security Register.

     

    (4)           If
the Company shall solicit from the Holders of any Registered Securities any
request, demand, authorization, direction, notice, consent, waiver or other Act,
the Company may at its option (but is not obligated to), by Board Resolution,
fix in advance a record date for the determination of Holders of Registered
Securities entitled to give such request, demand, authorization, direction,
notice, consent, waiver or other Act. If such a record date is fixed, such
request, demand, authorization, direction, notice, consent, waiver or other Act
may be given before or after such record date, but only the Holders of
Registered Securities of record at the close of business on such record date
shall be deemed to be Holders for the purpose of determining whether Holders of
the requisite proportion of Outstanding Securities have authorized or agreed or
consented to such request, demand, authorization, direction, notice, consent,
waiver or other Act, and for that purpose the Outstanding Securities shall be
computed as of such record date; provided that no such authorization, agreement
or consent by the Holders of Registered Securities shall be deemed effective
unless it shall become effective pursuant to the provisions of this Indenture
not later than six months after the record date.

     

    (5)           Any
request, demand, authorization, direction, notice, consent, waiver or other Act
by 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 or suffered to be done by the Trustee, any Security Registrar, any
Paying Agent or the Company in reliance thereon, whether or not notation of such
Act is made upon such Security.

     

    Section 1.5. Notices, etc., to Trustee
and Company

     

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

     

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

     

    (2)           the
Company by the Trustee or any Holder shall be sufficient for every purpose
hereunder (unless otherwise herein expressly provided) if in writing and mailed,
first-class postage prepaid or airmail postage prepaid if sent from outside the
United States, to the Company addressed to the attention of its Treasurer (with
a copy to the General Counsel) 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.

     

    Section 1.6. Notice to Holders of
Securities; Waiver

     

    Except as
otherwise expressly provided in or pursuant to this Indenture, where this
Indenture provides for notice to Holders of Securities of all or any series of
any event, such notice shall be sufficiently given to Holders of Registered
Securities of such series if in writing and mailed, first-class postage prepaid,
to each Holder of a Registered Security affected by such event, at his address
as it appears in the Security 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 of Registered Securities is given by mail, neither
the failure to mail such notice, nor any defect in any notice so mailed, to any
particular Holder of a Registered Security shall affect the sufficiency of such
notice with respect to other Holders of Registered Securities given as provided
herein. Any notice which is 

    

    
      
        
           

        

        
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    mailed  in
the manner herein provided shall be conclusively presumed to have been duly
given or provided. In the 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.

     

    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 of Securities shall be filed with the Trustee, but such filing
shall not be a condition precedent to the validity of any action taken in
reliance upon such waiver.

     

    Section 1.7. Language of
Notices

     

    Any
request, demand, authorization, direction, notice, consent, election or waiver
required or permitted under this Indenture shall be in the English language,
except that, if the Company so elects, any published notice may be in an
official language of the country of publication (with a copy in English to be
provided to the Trustee).

     

    Section 1.8. Incorporation by Reference
of Trust Indenture Act; Trust Indenture Act Controls

     

    (a)           If
any provision hereof limits, qualifies or conflicts with the duties that would
be imposed by any of Sections 310 to 317 of the Trust Indenture Act through
operation of Section 318(c) thereof on any person, such imposed duties
shall control. The following Trust Indenture Act terms have the following
meanings:

     

    “indenture
securities” means the Securities;

     

    “indenture
security holder” means a Holder;

     

    “indenture
to be qualified” means this Indenture;

     

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

     

    “obligor”
on the indenture securities means the Company and any other obligor on the
indenture securities.

     

    All other
Trust Indenture Act terms used in this Indenture that are defined by the Trust
Indenture Act, defined in the Trust Indenture Act by reference to another
statute or defined by SEC Rule have the meanings assigned to them by such
definitions.

     

    (b)           If
any provision of this Indenture limits, qualifies or conflicts with another
provision which is required to be included in this Indenture by the Trust
Indenture Act, the provision required by the Trust Indenture Act shall
control.

     

    Section 1.9. 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.

    

    
      
        
           

        

        
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    Section 1.10. 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 1.11. Separability
Clause

     

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

     

    Section 1.12. Benefits of
Indenture

     

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

     

    Section 1.13. Governing Law; Waiver of
Trial by Jury

     

    This
Indenture and the Securities shall be governed by and construed in accordance
with the laws of the State of New York applicable to agreements made or
instruments entered into and, in each case, performed in said state. Each of the
Company and the Trustee hereby irrevocably waives, to the fullest extent
permitted by applicable law, any and all right to trial by jury in any legal
proceeding arising out of or relating to this Indenture, the Securities or the
transactions contemplated hereby.

     

    Section 1.14. Legal
Holidays

     

    Unless
otherwise specified in or pursuant to this Indenture or any Securities, in any
case where any Interest Payment Date, Stated Maturity or Maturity of any
Security, or the last date on which a Holder has the right to convert or
exchange Securities of a series that are convertible or exchangeable shall not
be a Business Day (a “Legal Holiday”) at
any Place of Payment, then (notwithstanding any other provision of this
Indenture or any Security other than a provision in any Security that
specifically states that such provision shall apply in lieu hereof) payment need
not be made at such Place of Payment on such date, and such Securities need not
be converted or exchanged on such date but such payment may be made, and such
Securities may be converted or exchanged, on the next succeeding day that is a
Business Day at such Place of Payment with the same force and effect as if made
on the Interest Payment Date or at the Stated Maturity or Maturity or on such
last day for conversion or exchange, and no interest shall accrue on the amount
payable on such date or at such time for the period from and after such Interest
Payment Date, Stated Maturity, Maturity or last day for conversion or exchange,
as the case may be, to the next succeeding Business Day. If this Indenture
provides for a time period that ends or requires performance of any non-payment
obligation by a day that is not a Business Day, then such time period shall
instead be deemed to end on, and such obligation shall instead be performed by,
the next succeeding Business Day.

     

    Section 1.15. Counterparts

     

    This
Indenture may be executed in several counterparts, each of which shall be an
original and all of which shall constitute but one and the same
instrument.

    

    
      
        
           

        

        
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    Section 1.16. Judgment
Currency

     

    The
Company agrees, to the fullest extent that it may effectively do so under
applicable law, that (a) if for the purpose of obtaining judgment in any
court it is necessary to convert the sum due in respect of the principal of, or
premium or interest, if any, or Additional Amounts on the Securities of any
series (the “Required
Currency”) into a currency in which a judgment will be rendered (the
“Judgment
Currency”), the rate of exchange used shall be the rate at which in
accordance with normal banking procedures the Trustee could purchase in The City
of New York the requisite amount of the Required Currency with the Judgment
Currency on the New York Banking Day preceding the day on which a final
unappealable judgment is given and (b) its obligations under this Indenture
to make payments in the Required Currency (i) shall not be discharged or
satisfied by any tender, or any recovery pursuant to any judgment (whether or
not entered in accordance with clause (a)), in any currency other than the
Required Currency, except to the extent that such tender or recovery shall
result in the actual receipt, by the payee, of the full amount of the Required
Currency expressed to be payable in respect of such payments, (ii) shall be
enforceable as an alternative or additional cause of action for the purpose of
recovering in the Required Currency the amount, if any, by which such actual
receipt shall fall short of the full amount of the Required Currency so
expressed to be payable and (iii) shall not be affected by judgment being
obtained for any other sum due under this Indenture. For purposes of the
foregoing, “New York
Banking Day” means any day except a Saturday, Sunday or a Legal Holiday
in The City of New York or a day on which banking institutions in The City of
New York are authorized or obligated by law, regulation or executive order to be
closed.

     

     

    Section 1.17. Limitation on Individual
Liability

     

    No
recourse under or upon any obligation, covenant or agreement contained in this
Indenture or in any Security, or for any claim based thereon or otherwise in
respect thereof, shall be had against any incorporator, stockholder, officer or
director, as such, past, present or future, of the Company or of any successor,
either directly or through the Company or any successor, whether by virtue of
any constitution, statute or rule of law, or by the enforcement of any
assessment or penalty or otherwise; it being expressly understood that this
Indenture and the obligations issued hereunder are solely corporate obligations,
and that no such personal liability whatever shall attach to, or is or shall be
incurred by, the incorporators, stockholders, officers or directors, as such, of
the Company or any successor, or any of them, because of the creation of the
indebtedness hereby authorized, or under or by reason of the obligations,
covenants or agreements contained in this Indenture or in any Security or
implied therefrom; and that any and all such personal liability of every name
and nature, either at common law or in equity or by constitution or statute, of,
and any and all such rights and claims against, every such incorporator,
stockholder, officer or director, as such, because of the creation of the
indebtedness hereby authorized, or under or by reason of the obligations,
covenants or agreements contained in this Indenture or in any Security or
implied therefrom, are hereby expressly waived and released as a condition of,
and as a consideration for, the execution of this Indenture and the issuance of
such Security.

     

    ARTICLE 2.

     

    SECURITIES
FORMS

     

    Section 2.1. Forms
Generally

     

    Each
Registered Security and temporary or permanent Global Security or Definitive
Security issued pursuant to this Indenture shall be in the form established by
or pursuant to a Board Resolution and set forth in an Officer’s Certificate, or
established in one or more indentures supplemental hereto, shall have such
appropriate insertions, 

    

    
      
        
           

        

        
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    omissions, substitutions
and other variations as are required or permitted by or pursuant to this
Indenture or any indenture supplemental hereto and may have such letters,
numbers or other marks of identification and such legends or endorsements placed
thereon as may, consistently herewith, be determined by the Officers executing
such Security as evidenced by their execution of such Security.

     

    Unless
otherwise provided in or pursuant to this Indenture or any Securities, the
Securities shall be issuable in registered form without coupons and shall not be
issuable upon the exercise of warrants.

     

    Definitive
Securities shall be printed, lithographed or engraved or produced by any
combination of these methods on a steel engraved border or steel engraved
borders or may be produced in any other manner, all as determined by the
Officers of the Company executing such Securities, as evidenced by their
execution of such Securities.

     

    Section 2.2. Form of Trustee’s
Certificate of Authentication

     

    Subject
to Section 6.12, the Trustee’s certificate of authentication shall be in
substantially the following form:

     

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

     

    
 

    
      
        
          	 
      	
                  ,

                
	
                  as
      Trustee

                	 
      
	 
      	 
      
	
                  By

                	 
      	 
      	 
      
	 
      	 
      	
                  Authorized
      Signatory

                	 
      
	 
      	 
      
	
                  Dated:

                	 
      

        

      

    

     

     

    Section 2.3. Securities in Global
Form

     

    Unless
otherwise provided in or pursuant to this Indenture or any Securities, the
Securities shall be issuable in permanent global form. If Securities of a series
shall be issuable in global form, any such Security may provide that it or any
number of such Securities shall represent the aggregate amount of all
Outstanding Securities of such series (or such lesser amount as is permitted by
the terms thereof) from time to time endorsed thereon and may also provide that
the aggregate amount of Outstanding Securities represented thereby may from time
to time be increased or reduced to reflect exchanges, redemptions or transfer of
beneficial interests from one Global Security to another Global Security. Any
endorsement of any Global Security to reflect the amount, or any increase or
decrease in the amount, or changes in the rights of Holders, of Outstanding
Securities represented thereby shall be made in such manner and by such Person
or Persons as shall be specified therein or in the Company Order to be delivered
pursuant to Section 3.3 or Section 3.4 with respect thereto. Subject
to the provisions of Section 3.3 and, if applicable, Section 3.4, the
Trustee shall deliver and redeliver any Security in permanent global form in the
manner and upon instructions given by the Person or Persons specified therein or
in the applicable Company Order. If a Company Order pursuant to Section 3.3
or Section 3.4 has been, or simultaneously is, delivered, any instructions
by the Company with respect to a Global Security shall be in writing but need
not be accompanied by or contained in an Officer’s Certificate and need not be
accompanied by an Opinion of Counsel.

    

    
      
        
           

        

        
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    Notwithstanding
the provisions of Section 3.7, unless otherwise specified in or pursuant to
this Indenture or any Securities, payment of principal of, any premium and
interest on, and any Additional Amounts in respect of, any Security in temporary
or permanent global form shall be made to the Person or Persons specified
therein.

     

    Notwithstanding
the provisions of Section 3.8 and except as provided in the preceding
paragraph, the Company, the Trustee and any agent of the Company or the Trustee
shall treat as the Holder of such principal amount of Outstanding Securities as
is represented by a Global Security in the case of a Global Security in
registered form, the Holder of such Global Security in registered
form.

     

    Each
Global Security shall bear a legend in substantially the following form (unless
otherwise specified by the Depositary):

     

    “THIS
DEBT SECURITY IS A GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE
HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF A DEPOSITARY OR A
NOMINEE THEREOF. THIS DEBT SECURITY MAY NOT BE TRANSFERRED TO, OR REGISTERED OR
EXCHANGED FOR SECURITIES REGISTERED IN THE NAME OF, ANY PERSON OTHER THAN THE
DEPOSITARY OR A NOMINEE THEREOF AND NO SUCH TRANSFER MAY BE REGISTERED, EXCEPT
IN THE LIMITED CIRCUMSTANCES DESCRIBED IN THE INDENTURE. EVERY DEBT SECURITY
AUTHENTICATED AND DELIVERED UPON REGISTRATION OF TRANSFER OF, OR IN EXCHANGE FOR
OR IN LIEU OF, THIS DEBT SECURITY SHALL BE A GLOBAL SECURITY SUBJECT TO THE
FOREGOING, EXCEPT IN SUCH LIMITED CIRCUMSTANCES.”

     

    ARTICLE 3.

     

    THE
SECURITIES

     

    Section 3.1. Amount Unlimited; Issuable
in Series

     

    The
aggregate principal amount of Securities which may be authenticated and
delivered under this Indenture is unlimited. The Securities may be issued in one
or more series. With respect to any Securities to be authenticated and delivered
hereunder, there shall be established in or pursuant to a Board Resolution and
set forth in an Officer’s Certificate, or established in one or more indentures
supplemental hereto,

     

    (1)           the
title of such Securities and the series, including CUSIP numbers in which such
Securities shall be included;

     

    (2)           any
limit 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 such series pursuant to
Section 3.4, Section 3.5, Section 3.6, Section 9.6 or
Section 11.7, upon repayment in part of any Registered Security of such
series pursuant to Article 13 or upon surrender in part of any Registered
Security for conversion or exchange into Common Stock or other securities, cash
or other property pursuant to its terms, or pursuant to the terms of such
Securities and except for any Securities, which, pursuant to Section 3.3,
are deemed never to have been authenticated and delivered
hereunder);

    

    
      
        
           

        

        
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    (3)           if
any of such Securities are to be issuable in global form, when any of such
Securities are to be issuable in global form and (i) whether such
Securities are to be issued in temporary or permanent global form or both,
(ii) whether beneficial owners of interests in any such Global Security may
exchange such interests for Securities of the same series and of like tenor and
of any authorized form and denomination, and the circumstances under which any
such exchanges may occur, if other than in the manner specified in
Section 3.5, and (iii) the name of the Depositary or the U.S.
Depositary, as the case may be, with respect to any Global
Security;

     

    (4)           the
date as of which any Global Security shall be dated (if other than the date of
original issuance of the first of such Securities to be issued);

     

    (5)           the
date or dates, or the method or methods, if any, by which such date or dates
shall be determined, on which the principal and premium, if any, of such
Securities is payable;

     

    (6)           the
rate or rates at which such Securities shall bear interest, if any, or the
method or methods, if any, by which such rate or rates are to be determined, the
date or dates, if any, from which such interest shall accrue or the method or
methods, if any, by which such date or dates are to be determined, the Interest
Payment Dates, if any, on which such interest shall be payable and the Regular
Record Date, if any, for the interest payable on Registered Securities on any
Interest Payment Date, whether and under what circumstances Additional Amounts
on such Securities or any of them shall be payable, the notice, if any, to
Holders regarding the determination of interest on a floating rate Security and
the manner of giving such notice, and the basis upon which interest shall be
calculated if other than that of a 360-day year of twelve 30-day
months;

     

    (7)           if
in addition to or other than the Borough of Manhattan, The City of New York, the
place or places where the principal of, any premium and interest on or any
Additional Amounts with respect to such Securities shall be payable, any of such
Securities that are Registered Securities may be surrendered for registration of
transfer or exchange, any of such Securities may be surrendered for conversion
or exchange and notices or demands to or upon the Company in respect of such
Securities and this Indenture may be served, the extent to which, or the manner
in which, any interest payment or Additional Amounts on a Global Security on an
Interest Payment Date, will be paid and the manner in which any principal of or
premium, if any, on any Global Security will be paid;

     

    (8)           whether
any of such Securities are to be redeemable at the option of the Company and, if
so, the date or dates on which, the period or periods within which, the price or
prices at which and the other terms and conditions upon which such Securities
may be redeemed, in whole or in part, at the option of the Company;

     

    (9)           whether
the Company is obligated to redeem or purchase any of such Securities pursuant
to any sinking fund or analogous provision or at the option of any Holder
thereof and, if so, the date or dates on which, the period or periods within
which, the price or prices at which and the other terms and conditions upon
which such Securities shall be redeemed or purchased, in whole or in part,
pursuant to such obligation, and any provisions for the remarketing of such
Securities so redeemed or purchased;

     

    (10)           the
denominations in which any of such Securities that are Registered Securities
shall be issuable if other than denominations of $1,000 and any multiple of
$1,000 in excess thereof;

     

    (11)           whether
the Securities of the series will be convertible into shares of Common Stock
and/or exchangeable for other securities, cash or other property of the Company
or of any other Person, and if so, the terms and conditions upon which such
Securities will be so convertible or exchangeable, and any deletions from or
modifications or  

    

    
      
        
           

        

        
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    additions
to this Indenture to permit or to facilitate the issuance of such
convertible or exchangeable Securities or the administration
thereof;

     

    (12)           if
other than the principal amount thereof, the portion of the principal amount of
any of such Securities that shall be payable upon declaration of acceleration of
the Maturity thereof pursuant to Section 5.2 or the method by which such
portion is to be determined;

     

    (13)           if
other than Dollars, the Foreign Currency in which payment of the principal of,
any premium or interest on or any Additional Amounts with respect to any of such
Securities shall be payable;

     

    (14)           if
the principal of, any premium or interest on or any Additional Amounts with
respect to any of such Securities are to be payable, at the election of the
Company or a Holder thereof or otherwise, in Currency other than that in which
such Securities are stated to be payable, the date or dates on which, the period
or periods within which, and the other terms and conditions upon which, such
election may be made, and the time and manner of determining the exchange rate
between the Currency in which such Securities are stated to be payable and the
Currency in which such Securities or any of them are to be paid pursuant to such
election, and any deletions from or modifications of or additions to the terms
of this Indenture to provide for or to facilitate the issuance of Securities
denominated or payable, at the election of the Company or a Holder thereof or
otherwise, in a Foreign Currency;

     

    (15)           whether
the amount of payments of principal of, any premium or interest on or any
Additional Amounts with respect to such Securities may be determined with
reference to an index, formula, financial or economic measure or other method or
methods (which index, formula, measure or method or methods may be based,
without limitation, on one or more Currencies, commodities, equity indices or
other indices), and, if so, the terms and conditions upon which and the manner
in which such amounts shall be determined and paid or be payable;

     

    (16)           any
deletions from, modifications of or additions to the Events of Default or
covenants of the Company with respect to any of such Securities, whether or not
such Events of Default or covenants are consistent with the Events of Default or
covenants set forth herein;

     

    (17)           whether
either or both of Section 4.2(2) relating to defeasance or
Section 4.2(3) relating to covenant defeasance shall not be applicable to
the Securities of such series, and any covenants relating to the Securities of
such series which shall be subject to covenant defeasance, and, if the
Securities of such series are subject to repurchase or repayment at the option
of the Holders thereof, whether the Company’s obligation to repurchase or repay
such Securities will be subject to defeasance or covenant defeasance, and any
deletions from, or modifications or additions to, the provisions of
Article 4 in respect of the Securities of such series;

     

    (18)           whether
any of such Securities are to be issuable upon the exercise of warrants, and the
time, manner and place for such Securities to be authenticated and
delivered;

     

    (19)           if
there is more than one Trustee or a Trustee other than
                        
                
       , the identity of the Trustee and, if
not the Trustee, the identity of each Security Registrar, Paying Agent or
Authenticating Agent with respect to such Securities;

     

    (20)           whether
the Securities are senior or subordinated debt securities, and if subordinated
debt securities, the terms of such subordination;

     

    (21)           whether
the Securities of the series will be guaranteed by any Persons and, if so, the
identity of such Persons, the terms and conditions upon which such Securities
shall be guaranteed and, if applicable, the terms and conditions upon which such
guarantees may be subordinated to other indebtedness of the respective
guarantors and may be released;

    

    
      
        
           

        

        
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    (22)           whether
the Securities of the series will be secured by any collateral and, if so, the
terms and conditions upon which such Securities shall be secured and, if
applicable, upon which such liens may be subordinated to other liens securing
other indebtedness of the Company or any guarantor and may be released;
and

     

    (23)           any
other terms of such Securities and any deletions from or modifications or
additions to this Indenture in respect of such Securities.

     

    All
Securities of any one series shall be substantially identical except as to
denomination and except as may otherwise be provided by the Company in or
pursuant to the Board Resolution and set forth in the Officer’s Certificate or
in any indenture or indentures supplemental hereto pertaining to such series of
Securities. The terms of the Securities of any series may provide, without
limitation, that the Securities of such series shall be authenticated and
delivered by the Trustee on original issue from time to time in accordance with
such procedures as are acceptable to the Trustee (including authentication and
delivery by the Trustee on original issue from time to time upon telephonic or
written order of persons designated in the Officer’s Certificate or supplemental
indenture (telephonic instructions to be promptly confirmed in writing by such
person) and that such persons are authorized to determine, consistent with such
Officer’s Certificate or any applicable supplemental indenture, such terms and
conditions of the Securities of such series as are specified in such Officer’s
Certificate or supplemental indenture). All Securities of any one series need
not be issued at the same time and, unless otherwise so provided by the Company,
a series may be reopened for issuances of additional Securities of such series
or to establish additional terms of such series of Securities. If any of the
terms of the Securities of any series shall be established by action taken by or
pursuant to a Board Resolution, the Board Resolution shall be delivered to the
Trustee at or prior to the delivery of the Officer’s Certificate setting forth
the terms of such series.

     

    Section 3.2. Currency;
Denominations

     

    Unless
otherwise provided in or pursuant to this Indenture or any Security, the
principal of, any premium and interest on and any Additional Amounts with
respect to, the Securities shall be payable in Dollars. Unless otherwise
provided in or pursuant to this Indenture, Registered Securities denominated in
Dollars shall be issuable in registered form without coupons in denominations of
$1,000 or any integral multiple of $1,000 in excess thereof. Securities not
denominated in Dollars shall be issuable in such denominations as are
established with respect to such Securities in or pursuant to this
Indenture.

     

    Section 3.3. Execution, Authentication,
Delivery and Dating

     

    Securities
shall be executed on behalf of the Company by any Officer of the Company. The
signature of any such Officer on the Securities may be manual or
facsimile.

     

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

     

    At any
time and from time to time after the execution and delivery of this Indenture,
the Company may deliver Securities, executed by the Company, to the Trustee for
authentication and, provided that the Board Resolution and Officer’s Certificate
or supplemental indenture or indentures with respect to such Securities referred
to in Section 3.1 and  

    

    
      
        
           

        

        
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    a Company
Order for the authentication and delivery of such Securities have been delivered
to the Trustee, the Trustee in accordance with the Company Order and subject to
the provisions hereof and of such Securities shall authenticate and deliver such
Securities. In authenticating such Securities, and accepting the additional
responsibilities under this Indenture in relation to such Securities, the
Trustee shall be provided with, and (subject to Sections 315(a) through 315(d)
of the Trust Indenture Act) shall be fully protected in relying upon an Opinion
of Counsel and an Officer’s Certificate that contain the statements required by
Section 1.2.

     

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

     

    Notwithstanding
the provisions of Section 3.1 and of the preceding paragraph, if all
Securities of a series are not to be originally issued at one time, it shall not
be necessary to deliver the Officer’s Certificate or Company Order otherwise
required pursuant to such preceding paragraph at or prior to the authentication
of each Security of such series if such documents are delivered at or prior to
the authentication upon original issuance of the first Security of such series
to be issued. This paragraph shall not be applicable to Securities of a series
that are issued as part of a reopening pursuant to the last paragraph of
Section 3.1.

     

    Each
Registered 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 in Section 2.2 or
Section 6.12 executed by or on behalf of the Trustee or by the
Authenticating Agent by the manual signature of one of its authorized
signatories. Such certificate upon any Security shall be conclusive evidence,
and the only evidence, that such Security has been duly authenticated and
delivered hereunder.

     

    Notwithstanding
the foregoing, if any Security shall have been authenticated and delivered
hereunder but never issued and sold by the Company, and the Company shall
deliver such Security to the Trustee for cancellation as provided in
Section 3.9, for all purposes of this Indenture such Security shall be
deemed never to have been authenticated and delivered hereunder and shall never
be entitled to the benefits of this Indenture.

     

    Section 3.4. Temporary
Securities

     

    Pending
the preparation of Definitive Securities, the Company may execute and deliver to
the Trustee and, upon Company Order, the Trustee shall authenticate and deliver,
in the manner provided in Section 3.3, temporary Securities in lieu thereof
which are printed, lithographed, typewritten, mimeographed or otherwise
produced, in any authorized denomination, substantially of the tenor of the
Definitive Securities in lieu of which they are issued, in registered form and
with such appropriate insertions, omissions, substitutions and other variations
as the Officers of the Company executing such Securities may determine, as
conclusively evidenced by their execution of such Securities. Such temporary
Securities may be in the form of Global Securities.

     

    Except in
the case of temporary Global Securities, which shall be exchanged in accordance
with the provisions thereof, if temporary Securities are issued, the Company
shall cause Definitive Securities to be prepared without unreasonable delay.
After the preparation of Definitive Securities of the same series and containing
terms and provisions that are identical to those of any temporary Securities,
such temporary Securities shall be exchangeable for such Definitive Securities
upon surrender of such temporary Securities at an Office or Agency for such
Securities, without charge to any Holder thereof.  Upon surrender for
cancellation of any one or more temporary Securities, the Company shall
execute  

    

    
      
        
           

        

        
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    and the
Trustee shall authenticate and deliver in exchange therefor a like principal
amount of Definitive Securities of authorized denominations of the same series
and containing identical terms and provisions. Unless otherwise provided in or
pursuant to this Indenture with respect to a temporary Global Security, until so
exchanged the temporary Securities of any series shall in all respects be
entitled to the same benefits under this Indenture as Definitive Securities of
such series.

     

    Section 3.5. Registration, Transfer and
Exchange

     

    With
respect to the Registered Securities of each series, if any, the Company shall
cause to be kept a register (each such register being herein sometimes referred
to as the “Security
Register”) at an Office or Agency for such series in which, subject to
such reasonable regulations as it may prescribe, the Company shall provide for
the registration of the Registered Securities of such series and of transfers of
the Registered Securities of such series.

     

    Such
Office or Agency shall be the “Security Registrar”
or “Registrar”
for that series of Securities. Unless otherwise specified in or pursuant to this
Indenture or the Securities, the Trustee shall be the initial Security Registrar
for each series of Securities. The Company shall have the right to remove and
replace from time to time the Security Registrar for any series of Securities;
provided that no such removal or replacement shall be effective until a
successor Security Registrar with respect to such series of Securities shall
have been appointed by the Company and shall have accepted such appointment by
the Company. In the event that the Trustee shall not be or shall cease to be
Security Registrar with respect to a series of Securities, it shall have the
right to examine the Security Register for such series at all reasonable times.
There shall be only one Security Register for each series of
Securities.

     

    A Global
Security may not be transferred as a whole except by the Depositary to a nominee
of the Depositary, by a nominee of the Depositary to the Depositary or to
another nominee of the Depositary, or by the Depositary or any such nominee to a
successor Depositary or a nominee of such successor Depositary. Notwithstanding
the foregoing, except as may be provided pursuant to Section 3.1, any
Global Security or any beneficial interest therein shall be exchangeable for
Definitive Securities only if (i) the Depositary is at any time unwilling,
unable or ineligible to continue as Depositary and a successor Depositary is not
appointed by the Company within 90 days of the date the Company is so
informed in writing, (ii) the Depositary ceases to be a clearing agency
registered under the Exchange Act, (iii) the Company (subject to the
Applicable Procedures) executes and delivers to the Trustee a Company Order to
the effect that such Global Security shall be so exchangeable or (iv) an
Event of Default has occurred and is continuing with respect to such Securities.
If the holder of a Global Security or the beneficial owners of interests in a
Global Security are entitled to exchange such interests for Definitive
Securities as the result of an event specified in clause (i), (ii),
(iii) or (iv) of the preceding sentence, the Company shall promptly
make available to the Trustee Definitive Securities in such form and
denominations as are required by or pursuant to this Indenture, and of the same
series, containing identical terms and in aggregate principal amount equal to
the principal amount of such Global Security, executed by the Company. Such
Global Security shall be surrendered from time to time by the U.S. Depositary or
such other Depositary as shall be specified in the Company Order with respect
thereto, and in accordance with instructions given to the Trustee and the U.S.
Depositary or such other Depositary, as the case may be (which instructions
shall be in writing but need not be contained in or accompanied by an Officer’s
Certificate or be accompanied by an Opinion of Counsel), as shall be specified
in the Company Order with respect thereto to the Trustee, as the Company’s agent
for such purpose, to be exchanged, in whole or in part, for Definitive
Securities as described above without charge. The Trustee shall authenticate and
make available for delivery, in exchange for each portion of such surrendered
Global Security, a like aggregate principal amount of Definitive Securities of
the same series of authorized denominations and of like tenor as the portion of
such Global Security to be exchanged; provided, however, 

    

    
      
        
           

        

        
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    that no
such exchanges may occur during a period beginning at the opening of business
15 days before any selection of Securities of the same series to be
redeemed and ending on the relevant Redemption Date. Promptly following any such
exchange in part, such Global Security shall be returned by the Trustee to such
Depositary or the U.S. Depositary, as the case may be, or such other Depositary
or U.S. Depositary referred to above in accordance with the instructions of the
Company referred to above. If a Registered portion of a Global Security is
exchanged for Definitive Registered Securities after the close of business at
the Office or Agency for such Security where such exchange occurs on or after
(i) any Regular Record Date for such Security and before the opening of
business at such Office or Agency on the next Interest Payment Date, or
(ii) any Special Record Date for such Security and before the opening of
business at such Office or Agency on the related proposed date for payment of
interest or Defaulted Interest, as the case may be, interest shall not be
payable on such Interest Payment Date or proposed date for payment, as the case
may be, in respect of such Definitive Registered Security, but shall be payable
on such Interest Payment Date or proposed date for payment, as the case may be,
only to the Person to whom interest in respect of such portion of such Global
Security shall be payable in accordance with the provisions of this
Indenture.

     

    The
transfer and exchange of beneficial interests in the Global Securities shall be
effected through the Depositary, in accordance with the provisions of this
Indenture and the Applicable Procedures. Transfers and exchanges of beneficial
interests in the Global Securities also shall require compliance with either
subparagraph (1) or (2) below, as applicable, as well as one or more
of the other following paragraphs, as applicable:

     

    (1)           Beneficial
interests in any Global Security may be transferred to Persons who take delivery
thereof in the form of a beneficial interest in the same Global Security. No
written orders or instructions shall be required to be delivered to the
Registrar to effect the transfers described in this subparagraph
(1).

     

    (2)           In
connection with the transfer or exchange of beneficial interests in any Global
Security to Persons who take delivery thereof in the form of a beneficial
interest in a different Global Security, the transferor of such beneficial
interest must deliver to the Registrar (i) an order from a Participant or
an Indirect Participant given to the Depositary in accordance with the
Applicable Procedures directing the Depositary to credit or cause to be credited
a beneficial interest in another Global Security in an amount equal to the
beneficial interest to be transferred or exchanged and (ii) instructions
given in accordance with the Applicable Procedures containing information
regarding the Participant account to be credited with such increase. Upon
satisfaction of all of the requirements for transfer or exchange of beneficial
interests in Global Securities contained in this Indenture and such Securities
or otherwise applicable under the Securities Act, the Trustee shall adjust the
principal amount of the relevant Global Security(s) pursuant to this
paragraph.

     

    If any
Holder of a beneficial interest in a Global Security proposes to exchange such
beneficial interest for a Definitive Security or to transfer such beneficial
interest to a Person who takes delivery thereof in the form of a Definitive
Security in the event of the occurrence of any of the conditions set forth in
the third paragraph of this Section 3.5, then, upon delivery to the
Registrar of (i) an order from a Participant or an Indirect Participant
given to the Depositary in accordance with the Applicable Procedures directing
the Depositary to cause to be issued a Definitive Security in an amount equal to
the beneficial interest to be transferred or exchanged and
(ii) instructions given by the Depositary to the Registrar containing
information regarding the Person in whose name such Definitive Security shall be
registered to effect the transfer or exchange referred to in clause (i), the
Trustee shall cause the aggregate principal amount of the applicable Global
Security to be reduced accordingly as described below, and the Company shall
execute and, upon receipt of a Company Order pursuant to Section 3.3, the
Trustee shall authenticate and deliver to the Person designated in the
instructions a Definitive Security in the appropriate principal 

    

    
      
        
           

        

        
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    amount.
Any Definitive Security issued in exchange for a beneficial interest pursuant to
this paragraph shall be registered in such name or names and in such authorized
denomination or denominations as the Holder of such beneficial interest shall
instruct the Registrar through instructions from the Depositary and the
Participant or Indirect Participant. The Trustee shall deliver such Definitive
Securities to the Persons in whose names such Securities are so
registered.

     

    A Holder
of a Definitive Security may exchange such Security for a beneficial interest in
a Global Security or transfer such Definitive Securities to a Person who takes
delivery thereof in the form of a beneficial interest in a Global Security at
any time. Upon receipt of a request for such an exchange or transfer, the
Trustee shall cancel the applicable Definitive Security and increase or cause to
be increased the aggregate principal amount of the applicable Global
Security.

     

    At the
option of the Holder, Definitive Securities of any series may be exchanged for
other Definitive Securities of the same series, of any authorized denominations
and of like tenor and aggregate principal amount, upon surrender of the
Definitive Securities to be exchanged at an Office or Agency. Whenever any
Definitive Securities are so surrendered for exchange, the Company shall
execute, and the Trustee shall authenticate and deliver, the Definitive
Securities which the Holder making the exchange is entitled to
receive.

     

    Upon
request by a Holder of Definitive Securities and such Holder’s compliance with
the provisions of this paragraph, the Registrar shall register the transfer or
exchange of Definitive Securities. Prior to such registration of transfer or
exchange, the requesting Holder shall present or surrender to the Registrar the
Definitive Securities duly endorsed or accompanied by a written instruction of
transfer in form satisfactory to the Registrar duly executed by such Holder or
by its attorney, duly authorized in writing. A Holder of Definitive Securities
may transfer such Securities to a Person who takes delivery thereof in the form
of a Definitive Security. Upon receipt of a request to register such a transfer,
the Registrar shall register the Definitive Securities pursuant to the
instructions from the Holder thereof.

     

    At such
time as all beneficial interests in a particular Global Security have been
exchanged for Definitive Securities or a particular Global Security has been
redeemed, repurchased or cancelled in whole and not in part, each such Global
Security shall be returned to or retained and cancelled by the Trustee in
accordance with Section 3.9. At any time prior to such cancellation, if any
beneficial interest in a Global Security is exchanged for or transferred to a
Person who will take delivery thereof in the form of a beneficial interest in
another Global Security or for Definitive Securities, the principal amount of
Securities represented by such Global Security shall be reduced accordingly and
an endorsement shall be made on such Global Security by the Trustee or by the
Depositary at the direction of the Trustee to reflect such reduction; and if the
beneficial interest is being exchanged for or transferred to a Person who will
take delivery thereof in the form of a beneficial interest in another Global
Security, the principal amount of Securities represented by such other Global
Security shall be increased accordingly and an endorsement shall be made on such
Global Security by the Trustee or by the Depositary at the direction of the
Trustee to reflect such increase.

     

    All
Securities issued upon any registration of transfer or exchange of Securities
shall be the valid and legally binding obligations of the Company evidencing the
same debt and entitling the Holders thereof to the same benefits under this
Indenture as the Securities surrendered upon such registration of transfer or
exchange.

     

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

    

    
      
        
           

        

        
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    No
service charge shall be made for any registration of transfer or exchange, or
redemption of Securities, but the Company may require payment of a sum
sufficient to cover any tax or other governmental charge and any other expenses
(including fees and expenses of the Trustee) that may be imposed in connection
with any registration of transfer or exchange of Securities, other than
exchanges pursuant to Sections 3.4, 3.6, 9.6 and 11.7 not involving any
transfer.

     

    Except as
otherwise provided in or pursuant to this Indenture, the Company shall not be
required (i) to issue, register the transfer of or exchange any Securities
during a period beginning at the opening of business 15 days before the day
of selection of Securities of like tenor and the same series under
Section 11.3 for redemption and ending at the close of business on the day
of such selection, (ii) to register the transfer of or exchange any
Registered Security so selected for redemption in whole or in part, except in
the case of any Security to be redeemed in part, the portion thereof not to be
redeemed, or (iii) to issue, register the transfer of or exchange any
Security which, in accordance with its terms, has been surrendered for repayment
or purchase at the option of the Holder, except the portion, if any, of such
Security not to be so repaid.

     

    The
Registrar shall retain copies of all certificates, notices and other written
communications received pursuant to this Section 3.5. The Company shall
have the right to inspect and make copies of all such certificates, notices or
other written communications at any reasonable time upon the giving of
reasonable written notice to the Registrar.

     

    All
certifications and certificates required to be submitted to the Registrar
pursuant to this Section 3.5 to effect a registration of transfer or
exchange may be submitted by facsimile, with an original of such document to be
sent promptly thereafter.

     

    Section 3.6. Mutilated, Destroyed, Lost
and Stolen Securities

     

    If any
mutilated Security is surrendered to the Trustee, subject to the provisions of
this Section 3.6, the Company shall execute and the Trustee shall
authenticate and deliver in exchange therefor a new Security of the same series
containing identical terms and of like principal amount 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 and any agent of either of them harmless, then, in the absence of notice to
the Company or to a Responsible Officer that such Security has been acquired by
a “protected purchaser” (as such term is defined in the New York Uniform
Commercial Code), the Company shall execute and, upon the Company’s request the
Trustee shall authenticate and deliver, in exchange for or in lieu of any such
destroyed, lost or stolen Security, a new Security of the same series containing
identical terms and of like principal amount and bearing a number not
contemporaneously outstanding.

     

    Notwithstanding
the foregoing provisions of this Section 3.6, in case any 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 3.6, 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.

    

    
      
        
           

        

        
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    Every new
Security issued pursuant to this Section 3.6 in lieu of any destroyed, lost
or stolen Security shall constitute a separate 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 of such
series duly issued hereunder.

     

    The
provisions of this Section 3.6, as amended or supplemented pursuant to this
Indenture with respect to particular Securities or generally, shall be 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 3.7. Payment of Interest and
Certain Additional Amounts; Rights to Interest and Certain Additional Amounts
Preserved

     

    Unless
otherwise provided in or pursuant to this Indenture, any interest on and any
Additional Amounts with respect to, any Registered Security which shall be
payable, and are punctually paid or duly provided for, on any Interest Payment
Date shall be paid to the Person in whose name such Security (or one or more
Predecessor Securities) is registered as of the close of business on the Regular
Record Date for such interest.

     

    Unless
otherwise provided in or pursuant to this Indenture, any interest on and any
Additional Amounts with respect to, any Registered Security which shall be
payable, but shall not be punctually paid or duly provided for, on any Interest
Payment Date for such Registered Security (herein called “Defaulted Interest”)
shall forthwith cease to be payable to the Holder thereof 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 (1) or (2) below:

     

    (1)           The
Company may elect to make payment of any Defaulted Interest to the Person in
whose name such Registered Security (or a Predecessor Security thereof) shall be
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 such Registered 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 on or prior to the date of the proposed payment, such money
when so deposited to be held in trust for the benefit of the Person 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 the Holder of such Registered Security (or a Predecessor Security
thereof) at his address as it appears in the Security 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 an Authorized Newspaper of general
circulation in the Borough of Manhattan, The City of New York, 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 Person in whose name such Registered
Security (or a Predecessor Security thereof) shall be registered at the close of
business on such Special Record Date and shall no longer be payable pursuant to
the following clause (2).

    

    
      
        
           

        

        
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    (2)           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 such
Security may be listed, and upon such notice as may be required by such
exchange, if, after notice given by the Company to the Trustee of the proposed
payment pursuant to this clause, such payment shall be deemed practicable by the
Trustee.

     

    Unless
otherwise provided in or pursuant to this Indenture or the Securities of any
particular series pursuant to the provisions of this Indenture, at the option of
the Company, interest on Registered Securities that bear interest may be paid by
wire transfer in immediately available funds if the Holder of the Registered
Security has provided to the Company and the Trustee wire instructions at least
five Business Days prior to the applicable payment date or by check mailed to
the address of that Holder as it appears on the books of the Securities
Registrar if that Holder has not provided wire instructions; provided that any
payment of principal (or premium, if any) in respect of any Security will be
made only upon presentation and surrender of such Security at the applicable
Office or Agency.

     

    Subject
to the foregoing provisions of this Section 3.7 and Section 3.5, each
Security delivered under this Indenture upon registration of transfer of or in
exchange for or in lieu of any other Security shall carry the rights to interest
accrued and unpaid, and to accrue, which were carried by such other
Security.

     

    In the
case of any Registered Security of any series that is convertible, which
Registered Security is converted after any Regular Record Date and on or prior
to the immediately succeeding Interest Payment Date (other than any Registered
Security with respect to which the Maturity is prior to such Interest Payment
Date), interest on such Interest Payment Date shall be payable on such Interest
Payment Date notwithstanding such conversion, and such interest (whether or not
punctually paid or duly provided for) shall be paid to the Person in whose name
that Registered Security (or one or more predecessor Registered Securities) is
registered at the close of business on such Regular Record Date. Except as
otherwise expressly provided in the immediately preceding sentence, in the case
of any Registered Security which is converted, interest with respect to which
the Stated Maturity is after the date of conversion of such Registered Security
shall not be payable.

     

    Section 3.8. Persons Deemed
Owners

     

    Prior to
due presentment of a Registered Security for registration of transfer, the
Company, the Trustee and any agent of the Company or the Trustee may treat the
Person in whose name such Registered Security is registered in the Security
Register as the owner of such Registered Security for the purpose of receiving
payment of principal of, any premium and (subject to Section 3.5 and
Section 3.7) interest on and any Additional Amounts with respect to, such
Registered Security and for all other purposes whatsoever, whether or not any
payment with respect to such Registered Security shall be overdue, and none of
the Company, the Trustee or any agent of the Company or the Trustee shall be
affected by notice to the contrary.

     

    No holder
of any beneficial interest in any Global Security held on its behalf by a
Depositary shall have any rights under this Indenture with respect to such
Global Security, and such Depositary may be treated by the Company, the Trustee
and any agent of the Company or the Trustee as the owner of such Global Security
for all purposes whatsoever. None of the Company, the Trustee, any Paying Agent
or the Security Registrar will have any responsibility or liability for any
aspect of the records relating to or payments made on account of beneficial
ownership interests of a Global Security or for maintaining, supervising or
reviewing any records relating to such beneficial ownership
interests.

    

    
      
        
           

        

        
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    Section 3.9. Cancellation

     

    All
Securities surrendered for payment, redemption, registration of transfer,
exchange or conversion or for credit against any sinking fund payment shall, if
surrendered to any Person other than the Trustee, be delivered to the Trustee,
and any such Securities, as well as Securities surrendered directly to the
Trustee for any such purpose, shall be cancelled promptly by the Trustee. 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
cancelled promptly by the Trustee. No Securities shall be authenticated in lieu
of or in exchange for any Securities cancelled as provided in this
Section 3.9, except as expressly permitted by or pursuant to this
Indenture. All cancelled Securities held by the Trustee shall be disposed of by
the Trustee in accordance with its customary procedures.

     

    Section 3.10. Computation of
Interest

     

    Except as
otherwise provided in or pursuant to this Indenture, or in any Security,
interest on the Securities shall be computed on the basis of a 360-day year of
twelve 30-day months.

     

    Section 3.11. CUSIP and ISIN
Numbers

     

    The
Company in issuing the Securities may use “CUSIP” and “ISIN” numbers (if then
generally in use), and, if so, the Trustee shall use CUSIP and ISIN 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 and ISIN numbers.

     

    ARTICLE 4.

     

    SATISFACTION
AND DISCHARGE OF INDENTURE

     

    Section 4.1. Satisfaction and
Discharge

     

    Upon the
direction of the Company by a Company Order, this Indenture shall cease to be of
further effect with respect to any series of Securities specified in such
Company Order and the Trustee, on receipt of a Company Order, at the expense of
the Company, shall execute proper instruments acknowledging satisfaction and
discharge of this Indenture as to such series, when

     

    (1)           either

     

    (a)           all
Securities of such series theretofore authenticated and delivered have been
delivered to the Trustee for cancellation (other than (i) Securities of
such series which have been destroyed, lost or stolen and which have been
replaced or paid as provided in Section 3.6 and (ii) Securities of
such series the payment of money for which 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 10.3);
or

     

    (b)           all
Securities of such series not theretofore delivered to the Trustee for
cancellation:

    

    
      
        
           

        

        
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    (i)           have
become due and payable, or

     

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

     

    (iii)           if
redeemable at the option of the Company, are to be called for redemption within
one year under arrangements satisfactory to the Trustee for the giving of notice
of redemption by the Trustee in the name, and at the expense, of the
Company,

     

    and the
Company, in the case of (i), (ii) or (iii) above, has deposited or
caused to be deposited with the Trustee as trust funds in trust for such
purpose, (x) money in an amount or (y) Government Obligations that
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, in the opinion of a nationally recognized Independent Registered Public
Accounting Firm expressed in a written certification thereof delivered to the
Trustee, money in the amount, or (z) a combination of (x) and
(y) in an amount in the Currency in which such series of Securities are
payable sufficient to pay and discharge the entire indebtedness on such
Securities not theretofore delivered to the Trustee for cancellation, including
the principal of, any premium and interest on, and any Additional Amounts with
respect to such Securities then determinable, to the date of such deposit (in
the case of Securities which have become due and payable) or to the Maturity
thereof, as the case may be;

     

    (2)           the
Company has paid or caused to be paid all other sums payable hereunder by the
Company with respect to the Outstanding Securities of such series;
and

     

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

     

    In the
event there are Securities of two or more series hereunder, the Trustee shall be
required to execute an instrument acknowledging satisfaction and discharge of
this Indenture only if requested to do so with respect to Securities of such
series as to which it is Trustee and if the other conditions thereto are
met.

     

    Notwithstanding
the satisfaction and discharge of this Indenture with respect to any series of
Securities, the obligations of the Company to the Trustee under
Section 6.7, the obligations of the Trustee under Section 4.3, if
money, Government Obligations or a combination thereof shall have been deposited
with the Trustee pursuant to subclause (b) of clause (1) of this
Section 4.1, the obligations of the Company and the Trustee with respect to
the Securities of such series under Section 3.4, Section 3.5,
Section 3.6, Section 10.2 and Section 10.3, and the obligations
of the Company with respect to the payment of Additional Amounts, if any, with
respect to such Securities as contemplated by Section 10.4 (but only to the
extent that the Additional Amounts payable with respect to such Securities
exceed the amount deposited in respect of such Additional Amounts pursuant to
Section 4.1(1)(b)), and with respect to any rights to convert or exchange
such Securities into Common Stock or other securities, cash or other property
shall survive such satisfaction and discharge.

     

    Section 4.2. Defeasance and Covenant
Defeasance

     

    (1)           Unless
pursuant to Section 3.1, either or both of (i) defeasance of the
Securities of a series under clause (2) of this Section 4.2 shall not
be applicable with respect to the Securities of such series or
(ii) covenant defeasance of the Securities of a series under clause
(3) of this Section 4.2 shall not be applicable with respect to the
Securities of such series, then such provisions, together with the other
provisions of this Section 4.2 (with such modifications thereto as may be
specified pursuant to Section 3.1 with respect to  

    

    
      
        
           

        

        
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    any
Securities), shall be applicable to such Securities, and the Company may at its
option by Board Resolution, at any time, with respect to such Securities, elect
to have Section 4.2(2) or Section 4.2(3) be applied to such
Outstanding Securities upon compliance with the conditions set forth below in
this Section 4.2.

     

    (2)           Upon
the Company’s exercise of the above option applicable to this
Section 4.2(2) with respect to any Securities of or within a series, the
Company shall be deemed to have been discharged from its obligations with
respect to such Outstanding Securities on the date the conditions set forth in
clause (4) of this Section 4.2 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 Outstanding
Securities, which shall thereafter be deemed to be “Outstanding” only for the
purposes of the Sections of this Indenture referred to in clauses (i) and
(ii) below, and to have satisfied all of 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 execute proper instruments
acknowledging the same), except for the following which shall survive until
otherwise terminated or discharged hereunder: (i) the rights of Holders of
such Outstanding Securities to receive, solely from the trust fund described in
clause (4) of this Section 4.2 and as more fully set forth in such
Section, payments in respect of the principal of (and premium, if any) and
interest, if any, on, and Additional Amounts, if any, with respect to, such
Securities when such payments are due, and any rights of such Holder to convert
or exchange such Securities into Common Stock or other securities, cash or other
property, (ii) the obligations of the Company and the Trustee with respect
to such Securities under Section 3.4, Section 3.5, Section 3.6,
Section 10.2 and Section 10.3 and the obligations of the Company with
respect to the payment of Additional Amounts, if any, on such Securities as
contemplated by Section 10.4 (but only to the extent that the Additional
Amounts payable with respect to such Securities exceed the amount deposited in
respect of such Additional Amounts pursuant to Section 4.2(4)(a) below),
and with respect to any rights to convert or exchange such Securities into
Common Stock or other securities, cash or other property, (iii) the rights,
powers, trusts, duties and immunities of the Trustee hereunder and
(iv) this Section 4.2. The Company may exercise its option under this
Section 4.2(2) notwithstanding the prior exercise of its option under
clause (3) of this Section 4.2 with respect to such
Securities.

     

    (3)           Upon
the Company’s exercise of the above option applicable to this
Section 4.2(3) with respect to any Securities of or within a series,
(i) the Company shall be released from its obligations to comply with any
term, provision or condition under Section 8.1 with respect to such
Securities (and, to the extent specified pursuant to Section 3.1, any other
restrictive covenant added for the benefit of such Securities) and
(ii) unless otherwise specified pursuant to Section 3.1, the
occurrence of any event specified in Section 5.1(7) shall not be deemed to
be an Event of Default, in each case on and after the date the conditions set
forth in clause (4) of this Section 4.2 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 any
such 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 Outstanding 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 covenant, whether directly or indirectly, by reason of any
reference elsewhere herein to any covenant or by reason of reference in any such
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 5.1(4), Section 5.1(7) or otherwise, as the case may be,
insofar as it relates to Section 8.1 and, to the extent specified pursuant
to Section 3.1, any other restrictive covenant added for the benefit of
such Security, but, except as specified above, the remainder of this Indenture
and such Securities shall be unaffected thereby; provided that the obligations
of the Company with respect to the payment of Additional Amounts, if any, on
such Securities as contemplated by Section 10.4 shall remain unsatisfied
only to the extent that the 

    

    
      
        
           

        

        
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    Additional
Amounts payable with respect to such Securities exceed the amount deposited in
respect of such Additional Amounts pursuant to Section 4.2(4)(a) below;
provided, further, that
notwithstanding a covenant defeasance with respect to Section 8.1, any
Person to whom a sale, assignment, transfer, lease, conveyance or other
disposition is made pursuant to Section 8.1, shall as a condition to such
sale, assignment, transfer, lease, conveyance or other disposition, assume by an
indenture supplemental hereto in form satisfactory to the Trustee, executed by
such successor Person and delivered to the Trustee, the obligations of the
Company to the Trustee under Section 6.7 and the second to the last
paragraph of Section 4.2.

     

    (4)           The
following shall be the conditions to the application of clause (2) or
(3) of this Section 4.2 to any Outstanding Securities of a
series:

     

    (a)           The
Company shall irrevocably have deposited or caused to be deposited with the
Trustee (or another trustee satisfying the requirements of Section 6.8 who
shall agree to comply with the provisions of this Section 4.2 applicable to
it) as trust funds in trust for the purpose of making the following payments,
specifically pledged as security for, and dedicated solely to, the benefit of
the Holders of such Securities, (1) an amount in Dollars or in such Foreign
Currency in which such Securities are then specified as payable at Stated
Maturity, or (2) Government Obligations applicable to such Securities
(determined on the basis of the Currency in which such Securities are then
specified as payable at Stated Maturity) which through the scheduled payment of
principal and interest in respect thereof in accordance with their terms will
provide, not later than one day before the due date of any payment of principal
of (and premium, if any) and interest, if any, on such Securities, money in an
amount, or (3) a combination thereof, in any case, in an amount,
sufficient, without consideration of any reinvestment of such principal and
interest, in the opinion of a nationally recognized Independent Registered
Public Accounting Firm expressed in a written certification thereof delivered to
the Trustee, to pay and discharge, and which shall be applied by the Trustee (or
other qualifying trustee) to pay and discharge, (y) the principal of (and
premium, if any) and interest or Additional Amounts then determinable, if any,
on such Outstanding Securities at the Maturity of such principal or installment
of principal or interest, provided that the Company shall specify whether such
Outstanding Securities are being defeased to Stated Maturity or to the
Redemption Date and (z) any mandatory sinking fund payments or analogous
payments applicable to such Outstanding Securities on the day on which such
payments are due and payable in accordance with the terms of this Indenture and
of such Securities.

     

    (b)           Such
defeasance or covenant defeasance shall not result in a breach or violation of,
or constitute a default under, this Indenture or any other material agreement or
instrument to which the Company is a party or by which it is bound.

     

    (c)           No
Event of Default or event which with notice or lapse of time or both would
become an Event of Default with respect to such Securities shall have occurred
and be continuing on the date of such deposit (other than an Event of Default
resulting from non-compliance with any covenant from which the Company is
released upon effectiveness of such defeasance or covenant defeasance, as
applicable).

     

    (d)           In
the case of an election under clause (2) of this Section 4.2, the
Company shall have delivered to the Trustee an Opinion of Counsel stating
that:

     

    (i)           the
Company has received from the Internal Revenue Service a letter ruling, or there
has been published by the Internal Revenue Service a Revenue Ruling,
or

     

    (ii)           since
the date of execution of this Indenture, there has been a change in the
applicable federal income tax law,

    

    
      
        
           

        

        
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    in either
case to the effect that, and based thereon such opinion shall confirm that,
subject to customary assumptions and exclusions, the Holders of such Outstanding
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, in the same manner and at the same times as would have
been the case if such defeasance had not occurred.

     

    (e)           In
the case of an election under clause (3) of this Section 4.2, the
Company shall have delivered to the Trustee an Opinion of Counsel to the effect
that, subject to customary assumptions and exclusions, the Holders of such
Outstanding 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.

     

    (f)           The
Company shall have delivered to the Trustee an Officer’s Certificate and an
Opinion of Counsel, each stating that all conditions precedent to the defeasance
or covenant defeasance under clause (2) or (3) of this
Section 4.2 (as the case may be) have been complied with.

     

    (g)           If
the Securities are to be redeemed prior to their Stated Maturity (other than
from mandatory sinking fund payments or analogous payments), notice of such
redemption shall have been duly given pursuant to this Indenture or provision
therefor satisfactory to the Trustee shall have been made.

     

    (h)           Notwithstanding
any other provisions of this Section 4.2(4), 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 pursuant to Section 3.1.

     

    The
Company shall pay and indemnify the Trustee against any tax, fee or other
charge, imposed on or assessed against the Government Obligations deposited
pursuant to this Section 4.2 or the principal or 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 such Outstanding Securities.

     

    Anything
in this Section 4.2 to the contrary notwithstanding, the Trustee shall
deliver or pay to the Company from time to time upon Company Request any money
or Government Obligations (or other property and any proceeds therefrom) held by
it as provided in clause (4) of this Section 4.2 which, in the opinion
of a nationally recognized Independent Registered Public Accounting Firm
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 a defeasance or covenant defeasance, as applicable, in accordance with
this Section 4.2.

     

    Section 4.3. Application of Trust
Money

     

    Subject
to the provisions of the last paragraph of Section 10.3, all money and
Government Obligations (including the proceeds thereof) deposited with the
Trustee or other qualifying trustee (solely for purposes of this
Section 4.3, the Trustee and any such other trustee are referred to
collectively as the “Trustee”) pursuant to Section 4.1 or Section 4.2
in respect of any Outstanding Securities of any series shall be held in trust
and applied by the Trustee, 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, premium, if any,
interest and Additional Amounts, if any, for whose payment such money has or
Government Obligations have been deposited with or received by the Trustee; but
such money and Government Obligations need not be segregated from other funds
except to the extent required by law.

    

    
      
        
           

        

        
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    Section 4.4. Qualifying
Trustee

     

    Any
trustee appointed pursuant to Section 4.2 for the purpose of holding trust
funds deposited pursuant to that Section shall be appointed under an agreement
in form acceptable to the Trustee and shall provide to the Trustee a certificate
of such trustee, upon which certificate the Trustee shall be entitled to
conclusively rely, that all conditions precedent provided for herein to the
related defeasance or covenant defeasance have been complied with. In no event
shall the Trustee be liable for any acts or omissions of said
trustee.

     

    ARTICLE 5.

     

    REMEDIES

     

    Section 5.1. Events of
Default

     

    “Event of Default,”
wherever used herein with respect to Securities of any series, means any one of
the following events (whatever the reason for such Event of Default and whether
it shall be voluntary or involuntary or be effected by operation of law or
pursuant to any judgment, decree or order of any court or any order, rule or
regulation of any administrative or governmental body), unless such event is
specifically deleted or modified in or pursuant to the supplemental indenture,
Board Resolution or Officer’s Certificate establishing the terms of such series
pursuant to this Indenture:

     

    (1)           default
for 30 days in the payment when due of any interest on or any Additional
Amount in respect of any Security of such series;

     

    (2)           default
in the payment of the principal of or any premium on any Security of such series
when the principal or premium becomes due and payable at Maturity;

     

    (3)           default
in the deposit of any sinking fund payment when and as due by the terms of any
Security of such series, subject to any cure period specified in any Security of
such series;

     

    (4)           failure
on the part of the Company duly to observe or perform any other of the covenants
or agreements (other than those described in clause (1), (2) or
(3) above) on the part of the Company with respect to that series
contained in such Securities or otherwise established with respect to that
series of Securities pursuant to Section 3.1 hereof or contained in this
Indenture (other than a covenant or agreement which has been expressly included
in this Indenture solely for the benefit of one or more series of Securities
other than such series) and such failure shall continue for a period of
60 days after the date on which written notice of such failure, requiring
the same to be remedied and stating that such notice is a “Notice of Default”
shall have been given to the Company by the Trustee, upon direction of Holders
of at least 25% in principal amount of the Outstanding Securities of that
series; provided, however, that if such failure is not capable of cure within
such 60-day period, such 60-day period shall be automatically extended by an
additional 60 days so long as (i) such failure is subject to cure, and
(ii) the Company is using commercially reasonable efforts to cure such
failure; and provided, further, that a failure to comply with any such other
agreement in the indenture that results from a change in GAAP shall not be
deemed to be an Event of Default;

     

    (5)           a
decree or order by a court having jurisdiction in the premises shall have been
entered adjudging the Company bankrupt or insolvent, or approving as properly
filed a petition seeking liquidation or reorganization of the Company under any
applicable bankruptcy, insolvency, reorganization or other similar law, and such
decree or order shall have continued unvacated and unstayed for a period of
90 days; an involuntary case shall be commenced under any applicable
bankruptcy, insolvency, reorganization or other 

    

    
      
        
           

        

        
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    similar
law in respect of the Company and shall continue undismissed for a period of
90 days or an order for relief in such case shall have been entered and
such order shall have remained in force unvacated and unstayed for a period of
90 days; or a decree or order of a court having jurisdiction in the
premises shall have been entered for the appointment on the ground of insolvency
or bankruptcy of a receiver, custodian, liquidator, trustee or assignee in
bankruptcy or insolvency of the Company or of its property, or for the winding
up or liquidation of its affairs, and such decree or order shall have remained
in force unvacated and unstayed for a period of 90 days;

     

    (6)           the
Company shall institute proceedings to be adjudicated a voluntary bankrupt,
shall consent to the filing of a bankruptcy proceeding against it, shall file a
petition or answer or consent seeking liquidation or reorganization under any
applicable bankruptcy, insolvency, reorganization or other similar law, shall
consent to the filing of any such petition or shall consent to the appointment
on the ground of insolvency or bankruptcy of a receiver or custodian or
liquidator or trustee or assignee in bankruptcy or insolvency of it or of its
property, or shall make a general assignment for the benefit of creditors;
or

     

    (7)           any
other Event of Default provided in or pursuant to the Indenture with respect to
Securities of the series, provided that any such Event of Default that results
from a change in GAAP shall not be deemed to be an Event of
Default.

     

    Section 5.2. Acceleration of Maturity;
Rescission and Annulment

     

    If an
Event of Default specified in clause (5) or (6) of the definition
thereof above occurs, the principal of all Securities shall automatically become
due and payable without further action or notice, anything contained in this
Indenture or the Securities of each series or established with respect to each
series pursuant to Section 3.1 to the contrary notwithstanding. If
(a) upon the occurrence and continuance of an Event of Default specified in
clause (1) or (2) of the definition thereof, the Company and the
Trustee receive notice in writing that Holders of not less than 25%, or
(b) upon the occurrence and continuance of any other Event of Default other
than an Event of Default specified in clause (1), (2), (5) and (6) of
the definition thereof, the Company and the Trustee receive notice in writing
that Holders of not less than a majority in aggregate principal amount of the
Outstanding Notes of that series have declared the principal of all Securities
of that series to be due and payable immediately, then upon any such declaration
the same shall become and shall be immediately due and payable, anything
contained in this Indenture or in the Securities of that series or established
with respect to that series to the contrary notwithstanding.

     

    At any
time after a declaration of acceleration or automatic acceleration with respect
to the 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 hereafter in
this Article 5 provided, the Holders of not less than a majority in
principal amount of the Outstanding Securities of such series, by written notice
to the Company and the Trustee, may rescind and annul the declaration or
automatic acceleration and its consequences if:

     

    (1)           the
Company has paid or deposited with the Trustee a sum of money sufficient to pay
(A) all overdue installments of interest on all Securities of such series
and any Additional Amounts payable with respect thereto, (B) the principal
of and any premium on any Securities of the series which have become due
otherwise than by the declaration of acceleration or automatic acceleration and
interest thereon and any Additional Amounts with respect thereto at the rate or
rates borne by or provided in such Securities, (C) interest upon overdue
interest at the rate or rates prescribed therefor in such Securities and
(D) all sums paid or advanced by the Trustee hereunder and the reasonable
compensation, expenses, disbursements and advances of the Trustee, its agents
and counsel; and

    

    
      
        
           

        

        
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    (2)           all
Events of Default with respect to Securities of such series, other than the
non-payment of the principal of, any premium and interest on, and any Additional
Amounts with respect to, Securities of such series which shall have become due
solely by the acceleration, shall have been cured or waived as provided in
Section 5.3.

     

    Section 5.3. Collection of Indebtedness
and Suits for Enforcement by Trustee

     

    The
Company covenants that if:

     

    (1)           default
is made in the payment of any installment of interest on any Security, or any
Additional Amounts payable with respect thereto, when such interest or
Additional Amounts shall have become due and payable and such default continues
for any cure period specified with respect to such Security;

     

    (2)           default
is made in the payment of any principal of or premium, if any, on, or any
Additional Amounts payable in respect of any principal of or premium, if any, on
any Security at its Maturity; or

     

    (3)           default
is made in the deposit of any sinking fund payment, when and as due by the terms
of any Security and such default continues for any cure period specified with
respect to such Security;

     

    the
Company shall, upon demand of the Trustee, pay to the Trustee, for the benefit
of the Holders of such Securities, the whole amount of money then due and
payable with respect to such Securities, with interest upon the overdue
principal, any premium and, to the extent that payment of such interest shall be
legally enforceable, upon any overdue installments of interest and Additional
Amounts at the rate or rates borne by or provided for in such Securities, and,
in addition thereto, such further amount of money 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 and all other amounts due to the Trustee under
Section 6.7.

     

    If the
Company fails to pay the money it is required to pay the Trustee pursuant to the
preceding paragraph forthwith upon the demand of the Trustee, the Trustee, in
its own name and as trustee of an express trust, may institute a judicial
proceeding for the collection of the money 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 such Securities and collect the monies
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 the Securities of any series occurs and is
continuing, the Trustee may, and if (A) an Event of Default specified in
clause (1), (2), (5) or (6) of the definition thereof occurs and is
continuing, and Holders of not less than 25%, or (B) an Event of Default
other than an Event of Default specified in clause (1), (2), (5) or
(6) of the definition thereof occurs and is continuing, and Holders of not
less than a majority, in aggregate principal amount of the Outstanding
Securities of such series direct, so long as such Holders shall have provided
the Trustee with such indemnity as it shall require and subject to the
provisions of Section 5.12, the Trustee shall, proceed to protect and
enforce its rights and the rights of the Holders of Securities of such series by
such appropriate judicial proceedings to protect and enforce any such rights,
whether for the specific enforcement of any covenant or agreement in this
Indenture or such Securities or in aid of the exercise of any power granted
herein or therein, or to enforce any other proper remedy.

    

    
      
        
           

        

        
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    Section 5.4. 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 such other obligor or their creditors, the
Trustee (irrespective of whether the principal of the Securities 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 any overdue principal, premium, interest or Additional
Amounts) shall be entitled and empowered, by intervention in such proceeding or
otherwise,

     

    (1)           to
file and prove a claim for the whole amount, or such lesser amount as may be
provided for in the Securities of such series, of the principal and any premium,
interest and Additional Amounts owing and unpaid in respect of the Securities
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 or
counsel) and of the Holders of Securities allowed in such judicial proceeding,
and

     

    (2)           to
collect and receive any monies or other property payable or deliverable on any
such claims and to distribute the same;

     

    and any
custodian, receiver, assignee, trustee, liquidator, sequestrator or other
similar official in any such judicial proceeding is hereby authorized by each
Holder of Securities to make such payments to the Trustee and, in the event that
the Trustee shall consent to the making of such payments directly to the Holders
of Securities, to pay to the Trustee any amount due to it for the reasonable
compensation, expenses, disbursements and advances of the Trustee, its agents
and counsel and any other amounts due the Trustee under
Section 6.7.

     

    Nothing
herein contained shall be deemed to authorize the Trustee to authorize or
consent to or accept or adopt on behalf of any Holder of a Security any plan of
reorganization, arrangement, adjustment or composition affecting the Securities
or the rights of any Holder thereof, or to authorize the Trustee to vote in
respect of the claim of any Holder of a Security in any such
proceeding.

     

    Section 5.5. Trustee May Enforce Claims
without Possession of Securities

     

    All
rights of action and claims under this Indenture or any of 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 or judgment, after provision for
the payment of the reasonable compensation, expenses, disbursements and advances
of the Trustee, its agents and counsel, shall be for the ratable benefit of each
and every Holder of a Security in respect of which such judgment has been
recovered.

     

    Section 5.6. Application of Money
Collected

     

    Any money
collected by the Trustee pursuant to this Article 5 with respect to
Securities of any series shall be applied in the following order, at the date or
dates fixed by the Trustee and, in case of the distribution of such money on
account of principal, or any premium, interest or Additional Amounts, upon
presentation of such Securities, and the notation thereon of the payment if only
partially paid and upon surrender thereof if fully paid:

    

    
      
        
           

        

        
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    FIRST: To
the payment of all amounts due the Trustee and any predecessor Trustee under
Section 6.7;

     

    SECOND:
To the payment of the amounts then due and unpaid upon such Securities for
principal and any premium, interest and Additional Amounts 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 aggregate amounts due and
payable on such Securities for principal and any premium, interest and
Additional Amounts, respectively;

     

    THIRD:
The balance, if any, to the Company.

     

    Section 5.7. Limitations on
Suits

     

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

     

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

     

    (2)           (a) in
the case of an Event of Default specified in clause (1), (2), (5) and
(6) of the definition thereof, Holders of not less than 25%, or (b) in
the case of an Event of Default other than as specified in clause (1), (2),
(5) and (6) of the definition thereof, Holders of not less than a
majority, in aggregate 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 in its own name as Trustee
hereunder;

     

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

     

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

     

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

     

    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 or any Security to affect, disturb or prejudice the rights of any
other such Holders or Holders of Securities of any other series, or to obtain or
to seek to obtain priority or preference over any other 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 5.8. Unconditional Right of
Holders to Receive Principal and any Premium, Interest and Additional
Amounts

     

    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, any premium and (subject to Section 3.5 and Section 3.7) interest
on, and any Additional Amounts with respect to, such Security, on the respective
Stated Maturity or Maturities therefor specified in such Security (or, in the
case of redemption, on the Redemption Date or, in the case of repayment at the
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    pursuant
to this Indenture, on the date such repayment is due) 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 5.9. Restoration of Rights and
Remedies

     

    If the
Trustee or any Holder of a Security 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 each
such Holder 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 each such Holder shall continue as
though no such proceeding had been instituted.

     

    Section 5.10. Rights and Remedies
Cumulative

     

    Except as
otherwise provided with respect to the replacement or payment of mutilated,
destroyed, lost or stolen Securities in the last paragraph of Section 3.6,
no right or remedy herein conferred upon or reserved to the Trustee or to each
and every Holder of a Security is intended to be exclusive of any other right or
remedy, and every right and remedy, to the extent permitted by law, shall 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, to the
extent permitted by law, prevent the concurrent assertion or employment of any
other appropriate right or remedy.

     

    Section 5.11. Delay or Omission Not
Waiver

     

    No delay
or omission of the Trustee or of any Holder of any 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 5 or by law to the
Trustee or to any Holder of a Security may be exercised from time to time, and
as often as may be deemed expedient, by the Trustee or by such Holder, as the
case may be.

     

    Section 5.12. Control by Holders of
Securities

     

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

     

    (1)           such
direction shall not be in conflict with any rule of law or with this Indenture
or with the Securities of any series and would not involve the Trustee in
personal liability,

     

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

     

    (3)           such
direction is not unduly prejudicial to the rights of the other Holders of
Securities of such series not joining in such action.

    

    
      
        
           

        

        
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    Section 5.13. Waiver of Past or Existing
Defaults

     

    The
Holders of not less than a majority in principal amount of the Outstanding
Securities of any series on behalf of the Holders of all the Securities of such
series may waive any past or existing default or Event of Default hereunder with
respect to such series and its consequences, except a continuing
default:

     

    (1)           in
the payment of the principal of, any premium or interest on, or any Additional
Amounts with respect to, any Security of such series, or

     

    (2)           in
respect of a covenant or provision hereof which under Article 9 hereof
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 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 this Indenture; but no such waiver shall extend to any subsequent or
other default or impair any right consequent thereon.

     

    Section 5.14. Waiver of Stay or Extension
Laws

     

    The
Company covenants that (to the extent that it may lawfully do so) 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 expressly waives (to the extent that it may
lawfully do so) 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.

     

    Section 5.15. 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 any
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 5.15 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 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,
if any, on or Additional Amounts, if any, with respect to any Security on or
after the respective Stated Maturities expressed in such Security (or, in the
case of redemption, on or after the Redemption Date, and, in the case of
repayment, on or after the date for repayment) or for the enforcement of the
right, if any, to convert or exchange any Security into Common Stock or other
securities, cash or other property in accordance with its terms.

    

    

    
      
        
           

        

        
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    ARTICLE
6.

     

    THE
TRUSTEE

     

    Section 6.1. Certain Duties and
Responsibilities

     

    The
duties and responsibilities of the Trustee shall be as provided by the Trust
Indenture Act. Except during the continuance of an Event of Default with respect
to the Securities of a series of which a Responsible Officer has actual
knowledge, the Trustee undertakes to perform such duties and only such duties as
are specifically set forth in this Indenture with respect to such Securities,
and no implied covenants or obligations shall be read into this Indenture with
respect to such Securities against the Trustee. In case an Event of Default of
which a Responsible Officer has actual knowledge with respect to the Securities
of a series has occurred (which has not been cured or waived), the Trustee shall
exercise the rights and powers vested in it by this Indenture, and use the same
degree of care and skill in their exercise, with respect to such Securities, as
a prudent person would exercise or use under the circumstances in the conduct of
such person’s own affairs. Notwithstanding the foregoing, 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. 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 6.1.

     

    Section 6.2. Certain Rights of
Trustee

     

    Subject
to the provisions of Section 6.1:

     

    (1)           the
Trustee may conclusively rely and shall be fully protected in acting or
refraining from acting upon any resolution, certificate, statement, instrument,
opinion, report, notice, request, direction, consent, order, bond, debenture,
note, coupon, other  evidence of indebtedness or other paper or
document (whether in its original or facsimile form) 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 a Company Order (in each case, other than
delivery of any Security to the Trustee for authentication and delivery pursuant
to Section 3.3 which shall be sufficiently evidenced as provided therein)
and any resolution of the Board of Directors of the Company may be sufficiently
evidenced by a Board Resolution;

     

    (3)           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 shall be herein
specifically prescribed) may, in the absence of bad faith on its part, request
and conclusively rely upon an Officer’s Certificate;

     

    (4)           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;

     

    (5)           the
Trustee shall be under no obligation to exercise any of the rights or powers
vested in it by or pursuant to this Indenture or to institute, conduct or defend
any litigation hereunder or in relation hereto at the request or direction of
any of the Holders of Securities of any series pursuant to this Indenture,
unless such Holders shall 

    

    
      
        
           

        

        
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    have
offered to the Trustee security or indemnity reasonably satisfactory to it
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, coupon, note, other
evidence of indebtedness or other paper or document, but the Trustee, in its
discretion, may but shall not be obligated to make such further inquiry or
investigation into such facts or matters as it may see fit, and, if the Trustee
shall determine to make such further inquiry or investigation, it shall be
entitled to examine, during business hours and upon reasonable notice, the
books, records and premises of the Company, personally or by agent or attorney
at the expense of the Company and shall incur no liability or additional
liability of any kind by reason of such inquiry or investigation;

     

    (7)           the
Trustee may execute any of the trusts or powers hereunder or perform any duties
hereunder either directly or by or through agents, attorneys or custodians and
the Trustee shall not be responsible for any misconduct or negligence on the
part of any agent, attorney or custodians appointed with due care by it
hereunder;

     

    (8)           the
Trustee shall not be liable in its individual capacity for any action taken or
suffered to be taken, unless it shall be proved that the Trustee was negligent,
acted in bad faith or engaged in willful misconduct;

     

    (9)           the
Authenticating Agent, Paying Agent, and Security Registrar shall have the same
protections as the Trustee set forth hereunder;

     

    (10)           the
Trustee shall not be liable in its individual capacity with respect to any
action taken, suffered or omitted to be taken by it in good faith in accordance
with this Indenture, and, to the extent not so provided herein, with respect to
any act requiring the Trustee to exercise its own discretion, 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 or any Securities, unless it shall be proved that, in connection
with any such action taken, suffered or omitted or any such act, the Trustee was
negligent, acted in bad faith or engaged in willful misconduct;

     

    (11)           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;

     

    (12)           the
Trustee shall not be charged with knowledge or required to take notice of any
default or Event of Default with respect to the Securities unless either
(A) a Responsible Officer shall have actual knowledge of such default or
Event of Default or (B) written notice of such default or Event of Default,
which references the Securities and this Indenture, shall have been given to a
Responsible Officer by the Company or other obligor on such Securities or by any
Holder of such Securities;

     

    (13)           the
Trustee shall not be liable in its individual capacity for any action taken,
suffered or omitted 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;

     

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

    

    
      
        
           

        

        
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    (15)           the
Trustee may request that the Company deliver an Officer’s Certificate setting
forth the names of individuals and/or titles of Officers authorized at such time
to take specified actions pursuant to this Indenture, which Officer’s
Certificate may be signed by any person authorized to sign an Officer’s
Certificate, including any person specified as so authorized in any such
certificate previously delivered and not superseded;

     

    (16)           the
permissive rights of the Trustee to take certain actions under or perform any
discretionary act enumerated in this Indenture shall not be construed as a duty
unless so specified herein, and the Trustee shall not be answerable for other
than its negligence or willful misconduct in the performance of such action or
act;

     

    (17)           the
Trustee shall not be liable in its individual capacity with respect to any
action taken, suffered or omitted to be taken by it in good faith in accordance
with this Indenture or at the direction of the Holders of a majority in
aggregate principal amount of the Outstanding Securities relating to the time,
method and place of conducting any proceeding for any remedy available to the
Trustee, or exercising or omitting to exercise any trust or power conferred upon
the Trustee, under this Indenture;

     

    (18)           in
no event shall the Trustee be liable for special, indirect or consequential loss
or damage of any kind whatsoever (including but not limited to lost profits)
even if the Trustee has been advised of the likelihood of such loss or damage
and regardless of the form of action; and

     

    (19)           in
no event shall the Trustee be responsible or liable for any failure or delay in
the performance of its obligations hereunder arising out of or caused by,
directly or indirectly, forces beyond its control, including, without limitation
strikes, work stoppages, accidents, acts of war or terrorism, civil or military
disturbances, nuclear or natural catastrophes or acts of God, and interruptions,
loss or malfunctions of utilities, communications or computer (software and
hardware) services; it being understood that the Trustee shall use reasonable
efforts which are consistent with accepted practices in the banking industry to
resume performance as soon as practicable under the circumstances.

     

    Section 6.3. Notice of
Defaults

     

    Within
90 days after the occurrence of any default hereunder with respect to the
Securities of any series of which a Responsible Officer has actual knowledge,
the Trustee shall give the Holders of Securities of such series entitled to
receive reports pursuant to Section 7.3, notice of such default hereunder
actually known to a Responsible Officer, 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, if any, on, or
Additional Amounts or any sinking fund or purchase fund installment with respect
to, 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 in good faith
determine that the withholding of such notice is in the best interest of the
Holders of Securities of such series; and provided, further, that in the case of
any default of the character specified in Section 5.1(4) with respect to
Securities of such series, no such notice to Holders 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.

    

    
      
        
           

        

        
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    Section 6.4. Not Responsible for Recitals
or Issuance of Securities

     

    The
recitals contained herein and in the Securities, except the Trustee’s
certificate of authentication, shall be taken as the statements of the Company,
and neither the Trustee nor any Authenticating Agent assumes any responsibility
for their correctness. The Trustee makes no representations as to the validity,
sufficiency or priority 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. Except
with respect to the authentication of Securities pursuant to Section 3.3,
the Trustee shall not be responsible for the legality or the validity of this
Indenture or any Securities issued or to be issued hereunder.

     

    Section 6.5. May Hold
Securities

     

    The
Trustee, any Authenticating Agent, any Paying Agent, any Security Registrar or
any other Person that may be an agent of the Trustee or the Company, 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 the Trustee, Authenticating Agent, Paying Agent, Security Registrar or such
other Person.

     

    Section 6.6. 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 6.7. Compensation and
Reimbursement

     

    The
Company agrees:

     

    (1)           to
pay to the Trustee from time to time such compensation as shall be agreed upon
from time to time in writing between the Company and the Trustee for all
services rendered by the Trustee hereunder (which compensation shall not be
limited by any provision of law in regard to the compensation of a trustee of an
express trust);

     

    (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 this Indenture arising out of
or in connection with the acceptance or administration of the trust or trusts
hereunder (including the reasonable compensation and the expenses and
disbursements of its agents and counsel), except any such expense, disbursement
or advance as may be caused by the Trustee’s own negligence or willful
misconduct; and

     

    (3)           to
fully indemnify each of the Trustee and any predecessor Trustee and its agents,
officers, directors and employees for, and to hold them harmless against, any
loss, liability, damage, claim or expense (including reasonable legal fees and
expenses), including taxes (other than taxes based on the income of the
Trustee), incurred without negligence or willful misconduct on their part,
arising out of or in connection with the acceptance or administration of the
trust or trusts hereunder, including the reasonable costs and expenses of
defending themselves against any claim or liability (whether asserted by the
Company, a Holder of Securities, or any other Person) in connection with the
exercise or performance of any of their powers or duties hereunder.

    

    
      
        
           

        

        
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    As
security for the performance of the payment obligations of the Company under
this Section 6.7, the Trustee shall have a lien prior to the Securities of
any series 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 or
interest on, or any Additional Amounts with respect to, particular Securities.
Such lien shall survive the resignation or removal of the Trustee and the
satisfaction and discharge of this Indenture. Without prejudice to any other
rights available to the Trustee under applicable law, when the Trustee incurs
expenses or renders services after a default or Event of Default specified in
Section 5.1(5) and 5.1(6) hereof occurs, the expenses and the compensation
for the services (including the fees and expense of its agents and counsel) are
intended to constitute expense of administration under U.S. Code, Title 11 or
any other similar foreign, federal or state law for the relief of
debtors.

     

    Without
prejudice to any other rights available to the Trustee under applicable law, to
the extent permitted by law any compensation or expense incurred by the Trustee
after a default specified in or pursuant to Section 5.1 is intended to
constitute an expense of administration under any then applicable bankruptcy or
insolvency law. “Trustee” for purposes
of this Section 6.7 shall include any predecessor Trustee but the
negligence or willful misconduct of any Trustee shall not affect the rights of
any other Trustee under this Section 6.7.

     

    Notwithstanding
any other provision of this Indenture to the contrary, in no event shall the
Trustee be liable for special, indirect or consequential damages of any kind
whatsoever (including but not limited to lost profits) even if the Trustee had
been advised of the likelihood of such loss or damage and regardless of the form
of action.

     

    The
provisions of this Section 6.7 shall survive the satisfaction and discharge
of this Indenture or the earlier resignation or removal of the Trustee and shall
apply with equal force and effect to the Trustee in its capacity as
Authenticating Agent, Paying Agent or Security Registrar.

     

    Section 6.8. Corporate Trustee Required;
Eligibility; Conflicting Interests

     

    There
shall at all times be a Trustee hereunder that is a Corporation or a national
banking association, organized and doing business under the laws of the United
States of America, any state thereof or the District of Columbia, eligible under
Section 310(a)(1) of the Trust Indenture Act to act as trustee under an
indenture qualified under the Trust Indenture Act and that has a combined
capital and surplus (computed in accordance with Section 310(a)(2) of the
Trust Indenture Act) of at least $50,000,000 subject to supervision or
examination by federal or state authority. If at any time the Trustee shall
cease to be eligible in accordance with the provisions of this Section 6.8,
it shall resign immediately in the manner and with the effect hereinafter
specified in this Article 6.

     

    If the
Trustee has or shall acquire a conflicting interest within the meaning of the
Trust Indenture Act, the Trustee shall either eliminate such interest or resign,
to the extent and in the manner provided by, and subject to the provisions of,
the Trust Indenture Act and this Indenture. To the extent permitted by such Act,
the Trustee shall not be deemed to have a conflicting interest by virtue of
being a trustee under this Indenture with respect to Securities of more than one
series.

     

    Section 6.9. Resignation and Removal;
Appointment of Successor

     

    (1)           No
resignation or removal of the Trustee and no appointment of a successor Trustee
pursuant to this Article 6 shall become effective until the acceptance of
appointment by the successor Trustee pursuant to Section 6.10.

    

    
      
        
           

        

        
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    (2)           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 the instrument of
acceptance by a successor Trustee required by Section 6.10 shall not have
been delivered to the Trustee within 30 days after the giving of such
notice of resignation, the resigning Trustee may petition, at the expense of the
Company, any court of competent jurisdiction for the appointment of a successor
Trustee with respect to such series.

     

    (3)           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 the Company. If the
instrument of acceptance by a successor Trustee required by Section 6.10
shall not have been delivered to the Trustee within 30 days after the
giving of such notice of removal, the Trustee being removed may petition, at the
expense of the Company, any court of competent jurisdiction for the appointment
of a successor Trustee with respect to such series. The Trustee for one or more
series of Securities may be removed by the Company, so long as no default or
Event of Default has occurred and is continuing with respect to such
series.

     

    (4)           If
at any time:

     

    (a)           the
Trustee shall fail to comply with the obligations imposed upon it under
Section 310(b) of the Trust Indenture Act with respect to Securities of any
series after written request therefor by the Company or any Holder of a Security
of such series who has been a bona fide Holder of a Security of such series for
at least six months, or

     

    (b)           the
Trustee shall cease to be eligible under Section 6.8 and shall fail to
resign after written request therefor by the Company or any such Holder,
or

     

    (c)           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,

     

    (i)           
the Company, by or pursuant to a Company Order, may remove the Trustee with
respect to all Securities or the Securities of such series, or

     

    (ii)           subject
to Section 5.15, any Holder of a Security who has been a bona fide Holder
of a Security of such series for at least six months may, on behalf of himself
and all others similarly situated, petition any court of competent jurisdiction
for the removal of the Trustee with respect to all Securities of such series and
the appointment of a successor Trustee or Trustees.

     

    (5)           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 or pursuant to a Company
Order, shall promptly appoint a successor Trustee or Trustees with respect to
the Securities of such series (it being understood that any such successor
Trustee may be appointed with respect to the Securities of one or more or all of
such series and that at any time there shall be only one Trustee with respect to
the Securities of any particular series) and shall comply with the applicable
requirements of Section 6.10. If, within one year after such resignation,
removal or incapacity, or the occurrence of such vacancy, a successor Trustee
with respect to the Securities of any series 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 

    

    
      
        
           

        

        
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    acceptance
of such appointment in accordance with the applicable requirements of
Section 6.10, become the successor Trustee with respect to the Securities
of such series and to that extent 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 of Securities
and accepted appointment in the manner required by Section 6.10, any Holder
of a Security who has been a bona fide Holder of a Security of such series for
at least six months may, on behalf of himself 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.

     

    (6)           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 Registered
Securities, if any, of such series as their names and addresses appear in the
Security 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.

     

    (7)           In
no event shall any retiring Trustee be liable for the acts or omissions of any
successor Trustee hereunder.

     

    Section 6.10. Acceptance of Appointment by
Successor

     

    (1)           Upon
the appointment hereunder of any successor Trustee with respect to all
Securities, such successor Trustee so appointed shall execute, acknowledge and
deliver to the Company and 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 hereunder of the retiring Trustee; but, on the request of the Company or
such successor Trustee, such retiring Trustee, upon payment of its charges,
shall execute and deliver an instrument transferring to such successor Trustee
all the rights, powers and trusts of the retiring Trustee and, subject to
Section 10.3, shall duly assign, transfer and deliver to such successor
Trustee all property and money held by such retiring Trustee hereunder, subject
nevertheless to its lien, if any, provided for in Section 6.7.

     

    (2)           Upon
the appointment hereunder of any successor Trustee with respect to the
Securities of one or more (but not all) series, the Company, the retiring
Trustee and such successor Trustee shall execute and deliver an indenture
supplemental hereto wherein each successor Trustee shall accept such appointment
and which (a) shall contain such provisions as shall be necessary or
desirable to transfer and confirm to, and to vest in, such 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, (b) 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 (c) 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, 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 that no
Trustee shall be responsible for any notice given to, or received by, or any act
or failure to act on the part of any other Trustee hereunder, 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, such retiring Trustee shall have no further responsibility for the
exercise of rights and powers or for the performance of the duties and
obligations vested in the Trustee under this Indenture with respect to the
Securities of that or those series to which the appointment of such successor

    

    
      
        
           

        

        
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    Trustee
relates other than as hereinafter expressly set forth, 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 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 such successor
Trustee, such retiring Trustee, upon payment of its charges with respect to the
Securities of that or those series to which the appointment of such successor
Trustee relates and subject to Section 10.3 shall duly assign, transfer and
deliver to such successor Trustee, to the extent contemplated by such
supplemental indenture, the 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, subject to its lien, if any,
provided for in Section 6.7.

     

    (3)           Upon
request of any Person appointed hereunder as a 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.

     

    (4)           No
Person shall accept its appointment hereunder as a successor Trustee unless at
the time of such acceptance such successor Person shall be qualified and
eligible under this Article 6.

     

    Section 6.11. Merger, Conversion,
Consolidation or Succession to Business

     

    Any
Corporation or national banking association into which the Trustee may be merged
or converted or with which it may be consolidated, or any Corporation or
national banking association resulting from any merger, conversion or
consolidation to which the Trustee shall be a party, or any Corporation or
national banking association succeeding to all or substantially all of the
corporate trust business of the Trustee by sale or otherwise, shall be the
successor of the Trustee hereunder, provided such Corporation or national
banking association shall otherwise be qualified and eligible under this
Article 6, in each case 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 with the same effect as if such successor Trustee had itself
authenticated such Securities.

     

    Section 6.12. Appointment of
Authenticating Agent

     

    The
Trustee may appoint one or more Authenticating Agents acceptable to the Company
with respect to one or more series of Securities which shall be authorized to
act on behalf of the Trustee to authenticate Securities of that or those series
issued upon original issue, exchange, registration of transfer, partial
redemption or partial repayment or pursuant to Section 3.6, 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 and a certificate
of authentication executed on behalf of the Trustee by an Authenticating
Agent.

     

    Each
Authenticating Agent must be acceptable to the Company and, except as provided
in or pursuant to this Indenture, shall at all times be a Corporation or
national banking association that would be permitted by the Trust Indenture Act
to act as trustee under an indenture qualified under the Trust Indenture Act, is
authorized under applicable law and by its charter to act as an Authenticating
Agent and has a combined capital and surplus (computed in accordance with
Section 310(a)(2) of the Trust Indenture Act) of at least $50,000,000. If
at any time an Authenticating Agent shall cease to be eligible in accordance
with the provisions of this Section 6.12, it shall resign immediately in
the manner and with the effect specified in this Section 6.12.

    

    
      
        
           

        

        
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    Any
Corporation or national banking association into which an Authenticating Agent
may be merged or converted or with which it may be consolidated, or any
Corporation or national banking association resulting from any merger,
conversion or consolidation to which such Authenticating Agent shall be a party,
or any Corporation or national banking association succeeding to all or
substantially all of the corporate agency or corporate trust business of an
Authenticating Agent, shall be the successor of such Authenticating Agent
hereunder, provided such Corporation or national banking association shall be
otherwise eligible under this Section 6.12, 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 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 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 6.12, the
Trustee may appoint a successor Authenticating Agent which shall be acceptable
to the Company and shall mail written notice of such appointment by first-class
mail, postage prepaid, to all Holders of Registered Securities, if any, of the
series with respect to which such Authenticating Agent shall serve, as their
names and addresses appear in the Security Register. 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 provisions of
this Section 6.12.

     

    The
Company agrees to pay each Authenticating Agent from time to time reasonable
compensation for its services under this Section 6.12 to the extent agreed
in writing.

     

    The
provisions of Section 3.3, Section 6.1, Section 6.4 and
Section 6.5 shall be applicable to each Authenticating Agent.

     

    If an
Authenticating Agent is appointed with respect to one or more series of
Securities pursuant to this Section 6.12, the Securities of such series may
have endorsed thereon, in addition to or in lieu of the Trustee’s certificate of
authentication, an alternate certificate of authentication in substantially the
following form:

     

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

    
 

    
      
        	 
      	
                ,

              
	
                as
      Trustee

              	 
      
	 
      	 
      
	
                By

              	 
      	 
      	 
      
	 
      	 
      	
                As
      Authenticating Agent

              	 
      
	 
      	 
      
	
                By

              	 
      	 
      	 
      
	 
      	 
      	
                Authorized
      Officer

              	 
      
	 
      	 
      
	
                Dated:

              	 
      

      

    

    

     

    

      
        
           

        

        
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    If all of
the Securities of any series may not be originally issued at one time, and if
the Trustee does not have an office capable of authenticating Securities upon
original issuance located in a Place of Payment where the Company wishes to have
Securities of such series authenticated upon original issuance, the Trustee, if
so requested by Company Request (which writing need not be accompanied by or
contained in an Officer’s Certificate), shall appoint in accordance with this
Section 6.12 (and subject to such procedures as shall be acceptable to the
Trustee) an Authenticating Agent having an office in a Place of Payment
designated by the Company with respect to such series of
Securities.

     

    ARTICLE 7.

     

    HOLDERS
LISTS AND REPORTS BY TRUSTEE AND COMPANY

     

    Section 7.1. Company to Furnish Trustee
Names and Addresses of Holders

     

    In
accordance with Section 312(a) of the Trust Indenture Act, the Company
shall furnish or cause to be furnished to the Trustee:

     

    (1)           semi-annually
with respect to Securities of each series not later than 15 days after each
Regular Record Date in respect of Securities of a series, a list, in each case
in such form as the Trustee may reasonably require, of the names and addresses
of Holders of such Securities as of the applicable date, and

     

    (2)           at
such other times as the Trustee may request in writing, within 30 days
after the receipt by the Company of any such request, a list of similar form and
content as of a date not more than 15 days prior to the time such list is
furnished, provided, however, that so long as the Trustee is the Security
Registrar no such list shall be required to be furnished.

     

    Section 7.2. Preservation of Information;
Communications to Holders

     

    The
Trustee shall comply with the obligations imposed upon it pursuant to
Section 312 of the Trust Indenture Act.

     

    Every
Holder of Securities, by receiving and holding the same, agrees with the Company
and the Trustee that neither the Company, the Trustee, any Paying Agent or any
Security Registrar shall be held accountable by reason of the disclosure of any
such information as to the names and addresses of the Holders of Securities in
accordance with Section 312 of the Trust Indenture Act, regardless of the
source from which such information was derived, and that the Trustee shall not
be held accountable by reason of mailing any material pursuant to a request made
under Section 312(b) of the Trust Indenture Act.

     

    Section 7.3. Reports by
Trustee

     

    (1)           Within
60 days
after               of
each year commencing with the
first                following
the first issuance of Securities pursuant to Section 3.1, if required by
Section 313(a) of the Trust Indenture Act, the Trustee shall transmit,
pursuant to Section 313(c) of the Trust Indenture Act, a brief report dated
as of such May 15 with respect to any of the events specified in said
Section 313(a) which may have occurred since the later of the immediately
preceding May 15 and the date of this Indenture.

     

    (2)           The
Trustee shall transmit any reports required by Section 313(a) of the Trust
Indenture Act at the times specified therein.

    

    
      
        
           

        

        
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    (3)           A
copy of each report, if any, described in Section 7.3(1) and
(2) shall, at the time of such transmission to Holders, be filed by the
Trustee with each stock exchange, if any, upon which the Securities are listed,
with the Commission and with the Company. The Company will promptly notify the
Trustee when the Securities are listed on any stock exchange and of any
delisting thereof.

     

    Section 7.4. Reports by
Company

     

    The
Company, pursuant to Section 314(a) of the Trust Indenture Act,
shall:

     

    (1)           file
with the Trustee, within 30 days after the Company has filed the same with
the Commission, unless such reports are available on the Commission’s EDGAR
filing system (or any successor thereto), copies of the annual reports and of
the information, documents and other reports (or copies of such portions of any
of the foregoing as the Commission may from time to time by rules and
regulations prescribe) which the Company may be required to file with the
Commission pursuant to Section 13 or Section 15(d) of the Exchange
Act; or, if the Company is not required to file information, documents or
reports pursuant to either of Section 13 or Section 15(d) of the
Exchange Act, then it shall file with the Trustee and the Commission, in
accordance with rules and regulations prescribed from time to time by the
Commission, such of the supplementary and periodic information, documents and
reports which may be required pursuant to Section 13 of the Exchange Act in
respect of a security listed and registered on a national securities exchange as
may be prescribed from time to time in such rules and regulations;

     

    (2)           file
with the Trustee and the Commission, in accordance with rules and regulations
prescribed from time to time by the Commission, such additional information,
documents and reports with respect to compliance by the Company with the
conditions and covenants of this Indenture as may be required from time to time
by such rules and regulations; and

     

    (3)           transmit
within 30 days after the filing thereof with the Trustee, in the manner and
to the extent provided in Section 313(c) of the Trust Indenture Act, such
summaries of any information, documents and reports required to be filed by the
Company pursuant to paragraphs (1) and (2) of this Section 7.4 as
may be required by rules and regulations prescribed from time to time by the
Commission.

     

    Delivery
of such reports, information and documents to the Trustee is for informational
purposes only and the Trustee’s receipt of such shall not constitute
constructive notice of any information contained therein or determinable from
information contained therein, including the Company’s compliance with any of
its covenants hereunder (as to which the Trustee is entitled to rely exclusively
on Officer’s Certificates).

     

    ARTICLE 8.

     

    CONSOLIDATION,
MERGER AND SALES

     

    Section 8.1. Section 8.1 Company May
Consolidate, etc., Only on Certain Terms

     

    The
Company shall not directly or indirectly consolidate with or merge with or into,
or sell, assign, transfer, lease, convey or otherwise dispose of all or
substantially all of its assets and properties and the assets and properties of
its Subsidiaries (taken as a whole) to another Person in one or more related
transactions unless:

     

    (1)           either:
(A) the Company is the survivor; or (B) the Person formed by or
surviving any such consolidation or merger (if other than the Company) or to
which such sale, assignment, transfer, lease, conveyance or other disposition
has been made is a Person organized or existing under the laws of the United
States, any state of the United States or the District of Columbia;

    

    
      
        
           

        

        
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    (2)           the
Person formed by or surviving any such consolidation or merger (if other than
the Company) or the Person to which such sale, assignment, transfer, lease,
conveyance or other disposition has been made shall expressly assume, by an
indenture (or indentures, if at such time there is more than one Trustee)
supplemental hereto, in form reasonably satisfactory to the Trustee, executed by
the successor Person and delivered to the Trustee, the due and punctual payment
of the principal of, any premium and interest on and any Additional Amounts with
respect to, all the Securities and the performance of every obligation in this
Indenture and the Outstanding Securities on the part of the Company to be
performed or observed and shall provide for conversion or exchange rights in
accordance with the provisions of the Securities of any series that are
convertible or exchangeable into Common Stock or other securities, cash or other
property;

     

    (3)           either
the Company or the successor Person shall have delivered to the Trustee an
Officer’s 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 this Article 8 and
that all conditions precedent herein provided for relating to such transaction
have been complied with; and

     

    (4)           immediately
after giving effect to such transaction, no Event of Default or event which,
after notice or lapse of time, or both, would become an Event of Default, shall
have occurred and be continuing.

     

    Section 8.2. Successor Person Substituted
for Company

     

    Upon any
consolidation by the Company with or merger of the Company into any other Person
or Persons where the Company is not the survivor or any sale, assignment,
transfer, lease, conveyance or other disposition of all or substantially all of
the properties  and assets of the Company and the properties and assets of
its Subsidiaries (taken as a whole) to any Person or Persons in accordance with
Section 8.1, the successor Person formed by such consolidation or into
which the Company is merged or to which such sale, assignment, transfer, lease,
conveyance or other disposition 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 Person had been named as the Company
herein; and thereafter, except in the case of a lease, the predecessor Person
shall be released from all obligations and covenants under this Indenture and
the Securities.

     

    ARTICLE 9.

     

    SUPPLEMENTAL
INDENTURES

     

    Section 9.1. Supplemental Indentures
Without Consent of Holders

     

    Without
the consent of any Holders of Securities, the Company (when authorized by or
pursuant to 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:

     

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

    

    
      
        
           

        

        
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    (2)           to
add to the covenants of the Company for the benefit of the Holders of all or any
series of Securities (as shall be specified in such supplemental indenture or
indentures) or to surrender any right or power herein conferred upon the
Company; provided, that in respect of any such additional covenant, such
supplemental indenture may provide for a particular period of grace after
default (which period may be shorter or longer than that allowed in the case of
other defaults) or may provide for an immediate enforcement upon such a default
or may limit the remedies available to the Trustee upon an Event of Default or
may limit the right of the Holders of a majority in aggregate principal amount
of the Securities of such series to waive such an Event of Default;
or

     

    (3)           to
establish the form or terms of Securities of any series as permitted by
Section 2.1 and Section 3.1; or

     

    (4)           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 6.10; or

     

    (5)           to
cure any ambiguity, to correct or supplement any provision herein which may be
defective or inconsistent with any other provision herein, or to make any other
provisions with respect to matters or questions arising under this Indenture;
provided that no action pursuant to this clause (5) shall adversely affect
the interests of the Holders of Securities of any series then Outstanding in any
material respect; or

     

    (6)           to
add to, delete from or revise the conditions, limitations and restrictions on
the authorized amount, terms or purposes of issue, authentication and delivery
of Securities, as herein set forth; or

     

    (7)           to
add any additional Events of Default with respect to all or any series of
Securities (as shall be specified in such supplemental indenture);
or

     

    (8)           to
supplement any of the provisions of this Indenture to such extent as shall be
necessary for the defeasance and discharge of any series of Securities pursuant
to Article 4, provided that any such action shall not adversely affect the
interests of any Holder of an Outstanding Security of such series or any other
Security in any material respect; or

     

    (9)           to
make provisions with respect to conversion or exchange rights of Holders of
Securities of any series; or

     

    (10)           to
add guarantees in respect of the Securities of one or more series and to provide
for the terms and conditions of release thereof; or

     

    (11)           to
convey, transfer, assign, mortgage or pledge to the Trustee as security for the
Securities of one or more series any property or assets and to provide for the
terms and conditions of release thereof; or

     

    (12)           to
change or eliminate any of the provisions of this Indenture, provided that any
such change or elimination shall become effective only when there is no
Outstanding Security of any series created prior to the execution of such
supplemental indenture which is entitled to the benefit of such provision;
or

     

    (13)           to
provide for Definitive Securities in addition to or in place of Global
Securities; or

    

    
      
        
           

        

        
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    (14)           to
qualify the Indenture under the Trust Indenture Act; or

     

    (15)           with
respect to the Securities of a series, to conform the text of the Indenture or
the Securities of such series to any provision of the description thereof in the
Company’s offering memorandum or prospectus relating to the initial offering of
such Securities, to the extent that such provision, in the good faith judgment
of the Company, was intended to be a verbatim recitation of a provision of the
Indenture or such Securities; or

     

    (16)           to
make any other change that does not adversely affect the rights of Holders of
Outstanding Securities in any material respect.

     

    The
Trustee is hereby required to join with the Company and any guarantors in the
execution of any such supplemental indenture, to make any further appropriate
agreements and stipulations which may be therein contained and to accept the
conveyance, transfer, assignment, mortgage or pledge of any property thereunder,
but the Trustee 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 9.2. Supplemental Indentures With
Consent of Holders

     

    With the
consent of the Holders of not less than a majority (or such greater amount as is
provided for a particular series of Securities) in principal amount of the
Outstanding Securities of each series affected by such supplemental indenture
(including consents obtained in connection with a purchase of, or tender offer
or exchange offer for, Securities of such series), by Act of said Holders
delivered to the Company and the Trustee, the Company (when authorized by or
pursuant to 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 or of the Securities of such series; provided,
however, that no such supplemental indenture, without the consent of the Holder
of each Outstanding Security affected thereby, shall:

     

    (1)           change
the Stated Maturity of the principal of, or any premium or installment of
interest on or any Additional Amounts with respect to, any Security, or reduce
the principal amount thereof or the rate (or modify the calculation of such rate
in a manner that reduces such rate) of interest thereon or any Additional
Amounts with respect thereto, or any premium payable upon the redemption thereof
or otherwise, or change the obligation of the Company to pay Additional Amounts
pursuant to Section 10.4, or reduce the amount of the principal of an
Original Issue Discount Security that would be due and payable upon a
declaration of acceleration of the Maturity thereof pursuant to Section 5.2
or the amount thereof provable in bankruptcy pursuant to Section 5.4,
change the redemption provisions or adversely affect the right of repayment at
the option of any Holder as contemplated by Article 13, or change the Place
of Payment for any Security or the Currency in which the principal of, any
premium or interest on, or any Additional Amounts with respect to any Security
is payable, or impair the right to institute suit for the enforcement of any
such payment on or after the Stated Maturity thereof (or, in the case of
redemption, on or after the Redemption Date or, in the case of repayment at the
option of the Holder, on or after the date for repayment); or

     

    (2)           reduce
the percentage in principal amount of the Outstanding Securities of any series
the consent of the Holders of which are 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 reduce the
requirements of Section 15.4 for quorum or voting; or

    

    
      
        
           

        

        
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    (3)           modify
any of the provisions of this Section 9.2 or Section 5.13 or
Section 10.5, except to increase any such percentage or to provide that
certain other provisions of this Indenture cannot be modified or waived without
the consent of the Holder of each Outstanding Security affected thereby;
or

     

    (4)           make
any change that adversely affects the right to convert or exchange any Security
into or for Common Stock or other securities, cash or other property in
accordance with the terms of such Security.

     

    A
supplemental indenture which changes or eliminates any covenant or other
provision of this Indenture which shall have been included expressly and 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 of Securities under this
Section 9.2 to approve the particular form of any proposed supplemental
indenture, but it shall be sufficient if such Act shall approve the substance
thereof.

     

    Upon the
request of the Company, accompanied by a copy of a Board Resolution authorizing
the execution of any such supplemental indenture, and upon the filing with the
Trustee of evidence of the consent of Holders of Securities as aforesaid, the
Trustee shall join with the Company and any guarantors in the execution of such
supplemental indenture unless such supplemental indenture affects the Trustee’s
own rights, duties or immunities under this Indenture or otherwise, in which
case the Trustee may in its discretion, but shall not be obligated to, enter
into such supplemental indenture.

     

    Section 9.3. Execution of Supplemental
Indentures

     

    As a
condition to executing, or accepting the additional trusts created by, any
supplemental indenture permitted by this Article 9 or the modifications
thereby of the trusts created by this Indenture, the Trustee shall be entitled
to receive, and shall be fully protected in relying upon, an Officer’s
Certificate and Opinion of Counsel stating that the execution of such
supplemental indenture is authorized or permitted by this Indenture. The Trustee
may, but shall not be obligated to, enter into any such supplemental indenture
which affects the Trustee’s own rights, duties or immunities under this
Indenture or otherwise.

     

    Section 9.4. Revocation of
Consents

     

    Notwithstanding
clause (5) of Section 1.4, any Holder of a Security or future Holder
of the same Security may revoke a consent as to its Security or portion of a
Security. Any revocation of a consent by the Holder of a Security or any such
future Holder shall be effective only if the Trustee receives the notice of
revocation before the date on which the Trustee receives an Officer’s
Certificate from the Company certifying that the requisite number of consents
have been received. If, however, a record date is fixed pursuant to
Section 1.4, then notwithstanding the second preceding sentence, those
Persons who were Holders at such record date (or their duly designated proxies),
and only those Persons, shall be entitled to revoke any consent previously
given, whether or not such Persons continue to be Holders after such record
date.

     

    Section 9.5. Effect of Supplemental
Indentures

     

    A
supplemental indenture or waiver becomes effective upon the (a) receipt by
the Company or the Trustee of the requisite number of consents (if required),
(b) satisfaction of any conditions to effectiveness as set forth in this
Indenture or any such supplemental indenture or waiver and (c) with respect
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    supplemental
indenture by the Company and the Trustee. After a supplemental indenture or
waiver becomes effective, it shall bind every Holder, unless it makes a change
described in any of clauses (1) through (4) of Section 9.2, in
which case, the supplemental indenture or waiver shall bind a Holder of a
Security who is affected thereby only if it has consented to such supplemental
indenture or waiver and every subsequent Holder of a Security or portion of a
Security that evidences the same debt as the consenting Holder’s Security. Upon
the effectiveness 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, except as
provided in the preceding sentence, every Holder of Securities theretofore or
thereafter authenticated and delivered hereunder shall be bound
thereby.

     

    Section 9.6. Reference in Securities to
Supplemental Indentures

     

    Securities
of any series authenticated and delivered after the execution of any
supplemental indenture pursuant to this Article 9 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 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 of such series.

     

    Section 9.7. Conformity with Trust
Indenture Act

     

    Every
supplemental indenture executed pursuant to this Article 9 shall conform to
the requirements of the Trust Indenture Act as then in effect.

     

    Section 9.8. Notice of Supplemental
Indenture

     

    Promptly
after the execution by the Company and the Trustee of any supplemental indenture
pursuant to Section 9.2, the Company shall transmit to the Holders of
Outstanding Securities of any series affected thereby a notice setting forth the
substance of such supplemental indenture; provided, that any failure to provide,
or any defect in any such notice, shall not impair the validity of any such
supplemental indenture.

     

    ARTICLE
10.

     

    COVENANTS

     

    Section 10.1. Payment of Principal, any
Premium, Interest and Additional Amounts

     

    The
Company covenants and agrees for the benefit of the Holders of the Securities of
each series that it will duly and punctually pay the principal of, any premium
and interest on and any Additional Amounts with respect to, the Securities of
such series in accordance with the terms thereof and this
Indenture.

     

    Section 10.2. Maintenance of Office or
Agency

     

    The
Company shall maintain in each Place of Payment for any series of Securities an
Office or Agency where Securities of such series may be presented or surrendered
for payment, where Securities of such series may be surrendered for registration
of transfer or exchange, where Securities of such series that are convertible or
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    surrendered
for conversion or exchange, and where notices and demands to or upon the Company
in respect of the Securities of such series relating thereto and this Indenture
may be served. The Company will give prompt written notice to the Trustee of the
location, and any change in the location, of such Office or Agency. If at any
time the Company 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.

     

    The
Company may also from time to time designate one or more other Offices or
Agencies where the Securities of one or more series may be presented or
surrendered for any or all such purposes and may from time to time rescind such
designations; provided, however, that no such designation or rescission shall in
any manner relieve the Company of its obligation to maintain an Office or Agency
in each Place of Payment for Securities of any series for such purposes. The
Company shall give prompt written notice to the Trustee of any such designation
or rescission and of any change in the location of any such other Office or
Agency.

     

    Unless
otherwise provided in or pursuant to this Indenture, the Company hereby
designates as the Place of Payment for each series of Securities the Borough of
Manhattan, The City of New York, and initially appoints the Corporate Trust
Office of
                                        ,
located at
                                        ,
as the Office or Agency of the Company in the Borough of Manhattan, The City of
New York for such purpose. The Company may subsequently appoint a different
Office or Agency in the Borough of Manhattan, The City of New York for the
Securities of any series.

     

    Section 10.3. Money
for Securities Payments to Be Held in Trust

     

    If the
Company shall at any time act as its own Paying Agent with respect to any series
of Securities, it shall, on or before each due date of the principal of, any
premium or interest on or Additional Amounts with respect to any of the
Securities of such series, segregate and hold in trust for the benefit of the
Persons entitled thereto a sum in the currency or currencies, currency unit or
units or composite currency or currencies in which the Securities of such series
are payable (except as otherwise specified pursuant to Section 3.1 for the
Securities of such series) sufficient to pay the principal or any premium,
interest or Additional Amounts 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 failure so to act.

     

    Whenever
the Company shall have one or more Paying Agents for any series of Securities,
it shall, on or prior to each due date of the principal of, any premium or
interest on or any Additional Amounts with respect to any Securities of such
series, deposit with any Paying Agent a sum (in the currency or currencies,
currency unit or units or composite currency or currencies described in the
preceding paragraph) sufficient to pay the principal or any premium, interest or
Additional Amounts so becoming due, such sum to be held in trust for the benefit
of the Persons entitled thereto, and (unless such Paying Agent is the Trustee)
the Company will promptly notify the Trustee of its failure so to
act.

     

    The
Company shall cause each Paying Agent for any series of Securities (other than
the Trustee) to execute and deliver to the Trustee an instrument in which such
Paying Agent shall agree with the Trustee, subject to the provisions of this
Section 10.3, that such Paying Agent shall:

     

    (1)           hold
all sums held by it for the payment of the principal of, any premium or interest
on or any Additional Amounts with respect to Securities of such 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 provided in or pursuant to this
Indenture;

    

    
      
        
           

        

        
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    (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, any
premium or interest on or any Additional Amounts with respect to the Securities
of such series; 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.

     

    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
terms as those upon which such sums were held by the Company or such Paying
Agent; and, upon such payment by any Paying Agent to the Trustee, such Paying
Agent shall be released from all further liability with respect to such
sums.

     

    Except as
otherwise provided herein or pursuant hereto, 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, any premium or interest on or any Additional
Amounts with respect to any Security of any series and remaining unclaimed for
two years after such principal or any such premium or interest or any such
Additional Amounts shall have become due and payable shall be paid to the
Company on Company Request, or (if then held by the Company) shall be discharged
from such trust; and the Holder of such Security shall thereafter, as an
unsecured general creditor, look only to the Company for payment thereof, and
all liability of the Trustee or such Paying Agent with respect to such trust
money, and all liability of the Company as trustee thereof, shall thereupon
cease; provided, however, that the Trustee or such Paying Agent, before being
required to make any such repayment, may at the expense of the Company either
cause to be published once, in an Authorized Newspaper in each Place of Payment
for such series, or may cause to be mailed once to Holders of Registered
Securities of such series, 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 or mailing nor later than two years after such
principal and any premium or interest or Additional Amounts shall have become
due and payable, any unclaimed balance of such money then remaining will be
repaid to the Company.

     

    Section 10.4. Additional
Amounts

     

    If any
Securities of a series provide for the payment of Additional Amounts, the
Company agrees to pay to the Holder of any such Security Additional Amounts as
provided in or pursuant to this Indenture or such Securities. Whenever in this
Indenture there is mentioned, in any context, the payment of the principal of or
any premium or interest on, or in respect of, any Security of any series, such
mention shall be deemed to include mention of the payment of Additional Amounts
provided by the terms of such series established hereby or pursuant hereto to
the extent that, in such context, Additional Amounts are, were or would be
payable in respect thereof pursuant to such terms, and express mention of the
payment of Additional Amounts (if applicable) in any provision hereof shall not
be construed as excluding Additional Amounts in those provisions hereof where
such express mention is not made.

     

    Except as
otherwise provided in or pursuant to this Indenture or the Securities of the
applicable series, if the Securities of a series provide for the payment of
Additional Amounts, at least 10 days prior to the first Interest Payment
Date with respect to such series of Securities (or if the Securities of such
series shall not bear interest prior to Maturity, the first day on which a
payment of principal is made), and at least 10 days prior to each date of
payment of principal or interest if there has been any change with respect to
the matters set forth in the below-mentioned Officer’s Certificate, the Company
shall furnish to the Trustee and the principal Paying Agent or Paying Agents, if
other than the Trustee, an Officer’s Certificate instructing the Trustee and
such Paying Agent or Paying Agents whether such payment of principal of and
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    such
series shall be made to Holders of Securities of such series who are United
States Aliens (as demonstrated by delivery of appropriate tax forms) without
withholding for or on account of any tax, assessment or other governmental
charge described in the Securities of such series. If any such withholding shall
be required, then such Officer’s Certificate shall specify by country the
amount, if any, required to be withheld on such payments to such Holders of
Securities, and the Company agrees to pay to the Trustee or such Paying Agent
the Additional Amounts required by the terms of such Securities. The Company
covenants to indemnify the Trustee and any Paying Agent for, and to hold them
harmless against, any loss, liability or expense reasonably incurred without
negligence or bad faith on their part arising out of or in connection with
actions taken or omitted by any of them in reliance on any Officer’s Certificate
furnished pursuant to this Section 10.4.

     

    Section 10.5. Waiver of Certain
Covenants

     

    The
Company may omit in any particular instance to comply with any term, provision
or condition specified pursuant to Section 3.1 with respect to the
Securities of any series if the Company shall have obtained or filed with the
Trustee, prior to the time of such failure or omission, evidence (as described
in Section 1.4) of the consent of the Holders of a majority in aggregate
principal amount of the Outstanding Securities of such series, by Act of such
Holders, either waiving such compliance in such instance or generally waiving
compliance with such term, provision or condition, but no such waiver shall
extend to or affect such term, provision or condition except to the extent so
expressly waived, and, until such waiver shall become effective in accordance
with Section 9.5, the obligations of the Company and the duties of the
Trustee in respect of any such term, provision or condition shall remain in full
force and effect.

     

    Section 10.6. Company Statement as to
Compliance

     

    (1)           If
any Securities are Outstanding under this Indenture, the Company shall deliver
to the Trustee, within 120 days after the end of each fiscal year, a
written statement (which need not be contained in or accompanied by an Officer’s
Certificate) signed by the principal executive officer, the principal financial
officer or the principal accounting officer, stating that:

     

    (a)           in
the course of the performance of his or her duties as an officer of the Company
he or she would normally have knowledge of any default by the Company in the
performance of the covenants contained in this Indenture, and

     

    (b)           to
his or her knowledge, the Company has complied with all the conditions and
covenants imposed on it under this Indenture throughout such year, or, if there
has been a noncompliance in the fulfillment of any such condition or covenant,
specifying each such noncompliance known to him or her and the nature and status
thereof.

     

    (2)           The
Trustee shall have no duty to monitor the Company’s compliance with the
covenants contained in this Indenture other than to receive written notices
described in Section 10.6(1).

    

    

    
      
        
           

        

        
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    ARTICLE 11.

     

    REDEMPTION
OF SECURITIES

     

    Section 11.1. Applicability of
Article

     

    Redemption
of Securities of any series at the option of the Company as permitted or
required by the terms of such Securities shall be made in accordance with the
terms of such Securities and (except as otherwise provided herein or pursuant
hereto) this Article 11.

     

    Section 11.2. Election to Redeem; Notice
to Trustee

     

    The
election of the Company to optionally redeem any Securities shall be evidenced
by or pursuant to a Board Resolution. In case of any redemption at the election
of the Company of the Securities of any series, the Company shall, at least
60 days prior to the Redemption Date fixed by the Company (unless a shorter
notice shall be satisfactory to the Trustee), notify the Trustee of such
Redemption Date and of the principal amount of Securities of such series to be
redeemed. In the case of any redemption of Securities (a) prior to the
expiration of any restriction on such redemption provided in the terms of such
Securities or elsewhere in this Indenture, or (b) pursuant to an election
of the Company which is subject to a condition specified in the terms of such
Securities or elsewhere in this Indenture, the Company shall furnish the Trustee
with an Officer’s Certificate evidencing compliance with such restriction or
condition.

     

    Section 11.3. Selection by Trustee of
Securities to be Redeemed

     

    If less
than all of the Securities of any series with the same issue date, interest rate
or formula, Stated Maturity and other terms are to be redeemed, the particular
Securities to be redeemed shall be selected not more than 60 days prior to
the Redemption Date by the Trustee from the Outstanding Securities of such
series not previously called for redemption on a pro rata basis or by lot
(whichever is consistent with the Trustee’s customary practice); provided,
however, that no such partial redemption shall reduce the portion of the
principal amount of a Registered Security of such series not redeemed to less
than the minimum denomination for a Security of such series established herein
or pursuant hereto.

     

    The
Trustee shall promptly notify the Company and the Security Registrar (if other
than itself) in writing of the Securities selected for redemption and, in the
case of any Securities selected for partial redemption, the principal amount
thereof to be redeemed.

     

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

     

    Unless
otherwise specified in or pursuant to this Indenture or the Securities of any
series, if any Security selected for partial redemption is converted into or
exchanged for Common Stock or other securities, cash or other property in part
before termination of the conversion or exchange right with respect to the
portion of the Security so selected, the converted portion of such Security
shall be deemed (so far as may be) to be the portion selected for redemption.
Securities which have been converted or exchanged during a selection of
Securities to be redeemed shall be treated by the Trustee as Outstanding for the
purpose of such selection.

    

    
      
        
           

        

        
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    Section 11.4. Notice of
Redemption

     

    Notice of
redemption shall be given in the manner provided in Section 1.6, not less
than 30 nor more than 60 days prior to the Redemption Date, unless a
shorter period is specified in the Securities to be redeemed, to the Holders of
Securities to be redeemed. Failure to give notice by mailing in the manner
herein provided to the Holder of any Registered Securities designated for
redemption as a whole or in part, or any defect in the notice to any such
Holder, shall not affect the validity of the proceedings for the redemption of
any other Securities or portion thereof.

     

    Any
notice that is mailed to the Holder of any Registered Securities in the manner
herein provided shall be conclusively presumed to have been duly given, whether
or not such Holder receives the notice.

     

    All
notices of redemption shall state:

     

    (1)           the
Redemption Date;

     

    (2)           the
Redemption Price or if not then ascertainable, the manner of calculation
thereof;

     

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

     

    (4)           in
case any Security is to be redeemed in part only, the notice which relates to
such Security shall state that on and after the Redemption Date, upon surrender
of such Security, the Holder of such Security will receive, without charge, a
new Security or Securities of authorized denominations for the principal amount
thereof remaining unredeemed;

     

    (5)           that,
on the Redemption Date, the Redemption Price shall become due and payable upon
each such Security or portion thereof to be redeemed, and, if applicable, that
interest thereon shall cease to accrue on and after said date, subject to such
conditions as may be specified pursuant to Section 3.1 with respect to such
Security;

     

    (6)           the
place or places where such Securities are to be surrendered for payment of the
Redemption Price and any accrued interest and Additional Amounts pertaining
thereto;

     

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

     

    (8)           in
the case of Securities of any series that are convertible or exchangeable into
Common Stock or other securities, cash or other property, the conversion or
exchange price or rate, the date or dates on which the right to convert or
exchange the principal of the Securities of such series to be redeemed will
commence or terminate and the place or places where such Securities may be
surrendered for conversion or exchange; and

     

    (9)           the
CUSIP number (or any other numbers used by a Depositary to identify such
Securities).

     

    A notice
of redemption published as contemplated by Section 1.6 need not identify
particular Registered Securities to be redeemed.

    

    
      
        
           

        

        
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    Notice of
redemption of Securities to be redeemed at the election of the Company shall be
given by the Company or, upon Company Request, by the Trustee in the name and at
the expense of the Company.

     

    Section 11.5. Deposit of Redemption
Price

     

    At or
prior to 10:00 a.m., New York City time, on any Redemption Date, the
Company shall deposit, with respect to the Securities of any series called for
redemption pursuant to Section 11.4, with the Trustee or with a Paying
Agent (or, if the Company is acting as its own Paying Agent, segregate and hold
in trust as provided in Section 10.3) an amount of money in the applicable
Currency sufficient to pay the Redemption Price of, and (except if the
Redemption Date shall be an Interest Payment Date, unless otherwise specified
pursuant to Section 3.1 or in the Securities of such series) any accrued
interest on and Additional Amounts with respect to such accrued interest, all
such Securities or portions thereof which are to be redeemed on that
date.

     

    Section 11.6. Securities Payable on
Redemption Date

     

    Notice of
redemption having been given as aforesaid and all conditions specified pursuant
to Section 3.1 having been satisfied, the Securities so to be redeemed
shall, on the Redemption Date, become due and payable at the Redemption Price
therein specified, and from and after such date (unless the Company shall
default in the payment of the Redemption Price and accrued interest) such
Securities shall cease to bear interest. Upon surrender of any such Security for
redemption in accordance with said notice, such Security shall be paid by the
Company at the Redemption Price, together with any accrued interest and
Additional Amounts to the Redemption Date; provided, however, that, except as
otherwise specified in or pursuant to this Indenture or the Registered
Securities of such series, installments of interest on Registered Securities
whose Stated Maturity is on or prior to the Redemption Date shall be payable to
the Holders of such Securities, or one or more Predecessor Securities,
registered as such at the close of business on the Regular Record Dates therefor
according to their terms and the provisions of Section 3.7.

     

    Unless
otherwise specified in or pursuant to this Indenture or the Securities of any
series, if any Security called for redemption shall not be so paid upon
surrender thereof for redemption, the principal and any premium, until paid,
shall bear interest from the Redemption Date at the rate prescribed therefor in
the Security.

     

    Section 11.7. Securities Redeemed in
Part

     

    Any
Registered Security which is to be redeemed only in part shall be surrendered at
any Office or Agency for such Security (with, if the Company or the Trustee so
requires, due endorsement by, or a written instrument of transfer in form
satisfactory to the Company and the Trustee duly executed by, the Holder thereof
or his attorney duly authorized in writing) and the Company shall execute and
the Trustee shall authenticate and deliver to the Holder of such Security
without service charge, a new Registered Security or Securities of the same
series, containing identical terms and provisions, of any authorized
denomination as requested by such Holder in aggregate principal amount equal to
and in exchange for the unredeemed portion of the principal amount of the
Security so surrendered. If a Global Security is so surrendered, the Company
shall execute, and the Trustee shall authenticate and deliver to or on behalf of
the U.S. Depositary or other Depositary for such Global Security as shall be
specified in the Company Order with respect thereto to the Trustee, without
service charge, a new Global Security in a denomination equal to and in exchange
for the unredeemed portion of the principal of the Global Security so
surrendered.

    

    
      
        
           

        

        
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    Section 11.8. Repurchases on the Open
Market

     

    The
Company or any Affiliate of the Company may at any time or from time to time
repurchase any of the Securities in the open market or otherwise. Such
Securities may, at the option of the Company or the relevant Affiliate of the
Company, be held, resold or surrendered to the Trustee for
cancellation.

     

    ARTICLE 12.

     

    SINKING
FUNDS

     

    Section 12.1. Applicability of
Article

     

    The
provisions of this Article 12 shall be applicable to any sinking fund for
the retirement of Securities of a series, except as otherwise permitted or
required in or pursuant to this Indenture or any Security of such series issued
pursuant to this Indenture.

     

    The
minimum amount of any sinking fund payment provided for by the terms of
Securities of any series is herein referred to as a “mandatory sinking fund
payment,” and any payment in excess of such minimum amount provided for by the
terms of Securities of such series is herein referred to as an “optional sinking
fund payment.” If provided for by the terms of Securities of any series, the
cash amount of any sinking fund payment may be subject to reduction as provided
in Section 12.2. Each sinking fund payment shall be applied to the
redemption of Securities of any series as provided for by the terms of
Securities of such series and this Indenture.

     

    Section 12.2 Satisfaction of Sinking Fund
Payments with Securities

     

    The
Company may, in satisfaction of all or any part of any sinking fund payment with
respect to the Securities of any series to be made pursuant to the terms of such
Securities (1) deliver Outstanding Securities of such series (other than
any of such Securities previously called for redemption or any of such
Securities in respect of which cash shall have been released to the Company) and
(2) apply as a credit Securities of such series which have been redeemed
either at the election of the Company pursuant to the terms of such series of
Securities or through the application of permitted optional sinking fund
payments pursuant to the terms of such Securities, provided that such Securities
have not been previously so credited. Such Securities shall be received and
credited for such purpose by the Trustee at the Redemption Price specified in
such Securities for redemption through operation of the sinking fund and the
amount of such sinking fund payment shall be reduced accordingly. If as a result
of the delivery or credit of Securities of any series in lieu of cash payments
pursuant to this Section 12.2, the principal amount of Securities of such
series to be redeemed in order to satisfy the remaining sinking fund payment
shall be less than $100,000, the Trustee need not call Securities of such series
for redemption, except upon Company Request, and such cash payment shall be held
by the Trustee or a Paying Agent and applied to the next succeeding sinking fund
payment, provided, however, that the Trustee or such Paying Agent shall at the
request of the Company from time to time pay over and deliver to the Company any
cash payment so being held by the Trustee or such Paying Agent upon delivery by
the Company to the Trustee of Securities of that series purchased by the Company
having an unpaid principal amount equal to the cash payment requested to be
released to the Company.

     

    Section
12.3. 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 shall deliver to the Trustee an Officer’s Certificate
specifying the amount of the next ensuing mandatory sinking fund payment for
that series pursuant to the terms of that series, the portion thereof, if any,
which is to be satisfied by payment of  

    

    
      
        
           

        

        
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    cash and
the portion thereof, if any, which is to be satisfied by delivering and
crediting of Securities of that series pursuant to Section 12.2, and the
basis for such credit and the optional amount, if any, to be added in cash to
the next ensuing mandatory sinking fund payment, and will also deliver to the
Trustee any Securities to be so credited and not theretofore delivered. If such
Officer’s Certificate shall specify an optional amount to be added in cash to
the next ensuing mandatory sinking fund payment, the Company shall thereupon be
obligated to pay the amount therein specified. Not less than 60 days before each
such sinking fund payment date the Trustee shall select the Securities to be
redeemed upon such sinking fund payment date in the manner specified in
Section 11.3 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 11.4. Such notice having been duly given, the redemption of such
Securities shall be made upon the terms and in the manner stated in
Section 11.6 and Section 11.7.

     

    ARTICLE
13.

     

    REPAYMENT
AT THE OPTION OF HOLDERS

     

    Section
13.1. Applicability of
Article

     

    Securities
of any series which are repayable at the option of the Holders thereof before
their Stated Maturity shall be repaid in accordance with the terms of the
Securities of such series. The repayment of any principal amount of Securities
pursuant to such option of the Holder to require repayment of Securities before
their Stated Maturity, for purposes of Section 3.9, shall not operate as a
payment, redemption or satisfaction of the indebtedness represented by such
Securities unless and until the Company, at its option, shall deliver or
surrender the same to the Trustee with a directive that such Securities be
cancelled. Notwithstanding anything to the contrary contained in this
Section 13.1, in connection with any repayment of Securities, the Company
may arrange for the purchase of any Securities by an agreement with one or more
investment bankers or other purchasers to purchase such Securities by paying to
the Holders of such Securities on or before the close of business on the
repayment date an amount not less than the repayment price payable by the
Company on repayment of such Securities, and the obligation of the Company to
pay the repayment price of such Securities shall be satisfied and discharged to
the extent such payment is so paid by such purchasers.

     

    ARTICLE
14.

     

    SECURITIES
IN FOREIGN CURRENCIES

     

    Section 14.1. Applicability of
Article

     

    Whenever
this Indenture provides for (i) any action by, or the determination of any
of the rights of, Holders of Securities of any series in which not all of such
Securities are denominated in the same Currency, or (ii) any distribution
to Holders of Securities, in the absence of any provision to the contrary
pursuant to this Indenture or the Securities of any particular series, any
amount in respect of any Security denominated in a Foreign Currency shall be
treated for any such action or distribution as that amount of Dollars that could
be obtained for such amount on such reasonable basis of exchange and as of the
record date with respect to Registered Securities of such series (if any) for
such action, determination of rights or distribution (or, if there shall be no
applicable record date, such other date reasonably proximate to the date of such
action, determination of rights or distribution) as the Company may specify in a
written notice to the Trustee or, in the absence of such written notice, as the
Trustee may determine.

    

    
      
        
           

        

        
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    ARTICLE 15.

     

    MEETINGS
OF HOLDERS OF SECURITIES

     

    Section 15.1. Purposes for Which Meetings
May Be Called

     

    A meeting
of Holders of Securities of any series may be called at any time and from time
to time pursuant to this Article 15 to make, give or take any request,
demand, authorization, direction, notice, consent, waiver or other Act provided
by this Indenture to be made, given or taken by Holders of Securities of such
series.

     

    Section 15.2. Call, Notice and Place of
Meetings

     

    (1)           The
Trustee may at any time call a meeting of Holders of Securities of any series
for any purpose specified in Section 15.1, to be held at such time and at
such place in the Borough of Manhattan, The City of New York as the Trustee may
select and as shall be acceptable to the Company. Notice of every meeting of
Holders of Securities of any series, setting forth the time and the place of
such meeting and in general terms the action proposed to be taken at such
meeting, shall be given, in the manner provided in Section 1.6, not less
than 21 nor more than 180 days prior to the date fixed for the
meeting.

     

    (2)           In
case at any time the Company (by or pursuant to a Board Resolution) or the
Holders of at least 10% in principal amount of the Outstanding Securities of any
series shall have requested the Trustee to call a meeting of the Holders of
Securities of such series for any purpose specified in Section 15.1, by
written request setting forth in reasonable detail the action proposed to be
taken at the meeting, and the Trustee shall not have mailed notice of such
meeting within 21 days after receipt of such request or shall not
thereafter proceed to cause the meeting to be held as provided herein, then the
Company or the Holders of Securities of such series in the amount above
specified, as the case may be, may determine the time and the place in the
Borough of Manhattan, The City of New York for such meeting and may call such
meeting for such purposes by giving notice thereof as provided in clause
(1) of this Section 15.4.

     

    Section 15.3. Persons Entitled to Vote at
Meetings

     

    To be
entitled to vote at any meeting of Holders of Securities of any series, a Person
shall be (1) a Holder of one or more Outstanding Securities of such series,
or (2) a Person appointed by an instrument in writing as proxy for a Holder
or Holders of one or more Outstanding Securities of such series by such Holder
or Holders. The only Persons who shall be entitled to be present or to speak at
any meeting of Holders of Securities of any series shall be the Persons entitled
to vote at such meeting and their counsel, any representatives of the Trustee
and its counsel and any representatives of the Company and its
counsel.

     

    Section 15.4. Quorum;
Action

     

    The
Persons entitled to vote a majority in principal amount of the Outstanding
Securities of a series shall constitute a quorum for a meeting of Holders of
Securities of such series; provided, however, that if any action is to be taken
at such meeting with respect to a consent or waiver which this Indenture
expressly provides may be given by the Holders of a different percentage in
principal amount of the Outstanding Securities of a series, the Persons entitled
to vote such percentage in principal amount of the Outstanding Securities of
such series shall constitute a quorum. In the absence of a quorum within 30
minutes after the time appointed for any such meeting, the meeting shall, if
convened at the request of Holders of Securities of such series, be dissolved.
In any other case the meeting may be adjourned for a period of not less than
10 days as determined by the chairman of the  

    
 

    
      
        
           

        

        
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    meeting
prior to the adjournment of such meeting. In the absence of a quorum at any such
adjourned meeting, such adjourned meeting may be further adjourned for a period
of not less than 10 days as determined by the chairman of the meeting prior
to the adjournment of such adjourned meeting. Notice of the reconvening of any
adjourned meeting shall be given as provided in Section 15.2(1), except
that such notice need be given only once not less than five days prior to the
date on which the meeting is scheduled to be reconvened. Notice of the
reconvening of an adjourned meeting shall state expressly the percentage, as
provided above, of the principal amount of the Outstanding Securities of such
series which shall constitute a quorum.

     

    Except as
limited by the proviso to Section 9.2, any resolution presented to a
meeting or adjourned meeting duly reconvened at which a quorum is present as
aforesaid may be adopted only by the affirmative vote of the Holders of a
majority in principal amount of the Outstanding Securities of that series;
provided, however, that, except as limited by the proviso to Section 9.2,
any resolution with respect to any consent or waiver which this Indenture or any
supplemental indenture expressly provides may be given by the Holders of at
least 66-2/3% in principal amount of the Outstanding Securities of a series may
be adopted at a meeting or an adjourned meeting duly convened and at which a
quorum is present as aforesaid only by the affirmative vote of the Holders of
66-2/3% in principal amount of the Outstanding Securities of that series; and
provided, further, that, except as limited by the proviso to Section 9.2,
any resolution with respect to any request, demand, authorization, direction,
notice, consent, waiver or other Act which this Indenture or any supplemental
indenture expressly provides may be made, given or taken by the Holders of a
different specified percentage, which is less than a majority, in principal
amount of the Outstanding Securities of a series, may be adopted at a meeting or
an adjourned meeting duly reconvened and at which a quorum is present as
aforesaid by the affirmative vote of the Holders of such specified percentage in
principal amount of the Outstanding Securities of such series.

     

    Any
resolution passed or decision taken at any meeting of Holders of Securities of
any series duly held in accordance with this Section 15.4 shall be binding
on all the Holders of Securities of such series, whether or not such Holders
were present or represented at the meeting.

     

    Section 15.5. Determination of Voting
Rights; Conduct and Adjournment of Meetings

     

    (1)           Notwithstanding
any other provisions of this Indenture, the Trustee may make such reasonable
regulations as it may deem advisable for any meeting of Holders of Securities of
such series in regard to proof of the holding of Securities of such series and
of the appointment of proxies and in regard to the appointment and duties of
inspectors of votes, the submission and examination of proxies, certificates and
other evidence of the right to vote, and such other matters concerning the
conduct of the meeting as it shall deem appropriate. Except as otherwise
permitted or required by any such regulations, the holding of Securities shall
be proved in the manner specified in Section 1.4 and the appointment of any
proxy shall be proved in the manner specified in Section 1.4. Such
regulations may provide that written instruments appointing proxies, regular on
their face, may be presumed valid and genuine without the proof specified in
Section 1.4 or other proof.

     

    (2)           The
Trustee shall, by an instrument in writing, appoint a temporary chairman of the
meeting, unless the meeting shall have been called by the Company or by Holders
of Securities as provided in Section 15.2(2), in which case the Company or
the Holders of Securities of the series calling the meeting, as the case may be,
shall in like manner appoint a temporary chairman. A permanent  chairman
and a permanent secretary of the meeting shall be elected by vote of the Persons
entitled to vote a majority in principal amount of the Outstanding Securities of
such series represented at the meeting.

     

    (3)           At
any meeting, each Holder of a Security of such series or proxy shall be entitled
to one vote for each $1,000 principal amount of Securities of such series held
or represented by him; provided, however, that no vote shall be cast or counted
at any meeting in respect of any Security challenged as not Outstanding and
ruled by the chairman

    

    
      
        
           

        

        
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    of the
meeting to be not Outstanding. The chairman of the meeting shall have no right
to vote, except as a Holder of a Security of such series or proxy.

     

    (4)           Any
meeting of Holders of Securities of any series duly called pursuant to
Section 15.2 at which a quorum is present may be adjourned from time to
time by Persons entitled to vote a majority in principal amount of the
Outstanding Securities of such series represented at the meeting; and the
meeting may be held as so adjourned without further notice.

     

    Section 15.6. Counting Votes and Recording
Action of Meetings

     

    The vote
upon any resolution submitted to any meeting of Holders of Securities of any
series shall be by written ballots on which shall be subscribed the signatures
of the Holders of Securities of such series or of their representatives by proxy
and the principal amounts and serial numbers of the Outstanding Securities of
such series held or represented by them. The permanent chairman of the meeting
shall appoint two inspectors of votes who shall count all votes cast at the
meeting for or against any resolution and who shall make and file with the
permanent secretary of the meeting their verified written reports in triplicate
of all votes cast at the meeting. A record, at least in triplicate, of the
proceedings of each meeting of Holders of Securities of any series shall be
prepared by the permanent secretary of the meeting and there shall be attached
to said record the original reports of the inspectors of votes on any vote by
ballot taken thereat and affidavits by one or more Persons having knowledge of
the facts setting forth a copy of the notice of the meeting and showing that
said notice was given as provided in Section 15.2 and, if applicable,
Section 15.4. Each copy shall be signed and verified by the affidavits of
the permanent chairman and secretary of the meeting and one such copy shall be
delivered to the Company, and another to the Trustee to be preserved by the
Trustee, the latter to have attached thereto the ballots voted at the meeting.
Any record so signed and verified shall be conclusive evidence of the matters
therein stated.

    

    
      
        
           

        

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

     

    

    
      
        
          
            	
                    DELCATH
      SYSTEMS, INC.

                  	 
      
	 
      	 
      
	
                    By:

                  	 
      	 
      	 
      
	 
      	 
      	
                    Name:

                  	 
      
	 
      	 
      	
                    Title:

                  	 
      
	 
      	 
      
	 
      	
                    ,

                  
	
                    as
      Trustee

                  	 
      
	 
      	 
      
	
                    By:

                  	 
      	 
      	 
      
	 
      	 
      	
                    Name:

                  	 
      
	 
      	 
      	
                    Title:

                  	 
      

          

        

      

    

     

     

     

    
 

    

     

    
      67cogenco8k41509exh101.htm -- Converted by SEC Publisher, created by BCL Technologies Inc., for SEC Filing

	Exhibit 10.1

	Amended and Restated

SHARE PURCHASE AGREEMENT

     This SHARE PURCHASE AGREEMENT, effective as of June 15, 2009, is by and among Cogenco International, Inc., a Colorado corporation (“Cogenco” or the “Company”) and Bernd J. Hamacher-Schwieren (“Purchaser’), and fully amends and replaces that certain share purchase agreement entered into by the parties dated April 28, 2009 (extended by amended dated May 31, 2009). By entering into this Agreement, the Purchaser agrees to purchase and Cogenco agrees to sell 540,000 shares of Cogenco common stock (the “Purchased Shares”) as described below and subject to adjustment as provided herein.

	RECITALS

     A.      Cogenco is currently a development stage company, has only limited cash resources, and is currently not actively involved in business operations.

     B.      Purchaser is an investor with experience investing in, and/or working with, development stage companies such as the Company, has been provided all information about the Company he or it, and his or its, advisors have sought (including being afforded the opportunity to ask and receive answers from the Company and its management about the Company’s current and/or contemplated business activities), and is able to bear the risk of losing all of his or its investments in the Purchased Shares.

     C.      Cogenco and Purchaser desire to enter into this agreement pursuant to which Purchaser will purchase from Cogenco, and Cogenco will sell to Purchaser, the restricted common stock described herein.

     D.      Purchaser understands that, should Cogenco common stock be registered under the Securities Exchange Act of 1934, the Purchaser, as the holder of greater than 5% of the outstanding shares, will be obligated to file certain reports with the Securities and Exchange Commission (including reports on Schedule 13D or 13G, as applicable, and reports pursuant to Section 16(a) of the Securities Exchange Act of 1934.

     NOW, THEREFORE, in consideration of the mutual covenants and agreements set forth herein and for good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, the parties hereto agree as follows:

	ARTICLE I

PURCHASE AND SALE OF COMMON SHARES

     1.1      Purchase and Sale of Common Shares. Subject to the terms and conditions herein set forth, Cogenco agrees to issue and sell to Purchaser, and Purchaser agrees to subscribe for and take up, at the Closing, the Purchased Shares.

     1.2      Purchase Price. Purchaser shall pay the purchase price of $5.00 (U.S.) per share of Common Stock for a total purchase price of

1

$2,700,000. The Purchaser shall pay the purchase price to Cogenco in accordance with wiring instructions provided to Purchaser. The total purchase price shall be paid as follows: (i) a minimum of $250,000 shall be paid on or before June 30, 2009; and (ii) the unpaid balance of the total purchase price shall be paid on or before July 31, 2009.

     1.3      Use of Proceeds. Cogenco intends to use approximately $70,000 received from the Purchaser as working capital for itself, pay $135,000 to Genesis Capital Management Limited (“GCM”) as a finder’s fee pursuant to an agreement between Cogenco and GCM, and lend the balance of the proceeds from the sale of the Purchased Shares (expected to be approximately $2,495,000 to GCM, which to the Knowledge of Cogenco, will use the funds: (i) to repay approximately $185,900 of indebtedness owed by GCM to Cogenco, and the balance for general working capital purposes for itself and certain of its subsidiary or related entities including (without limitation, the entities described in the attached promissory note). The parties acknowledge that under United States law, Cogenco will have to maintain appropriate controls over the expenditure of the funds by itself and GCM to ensure compliance with the Foreign Corrupt Practices Act, the USA Patriot Act, and other United States laws.

     1.4      Related Party Transaction. The Purchaser understands that the Company’s largest shareholder, Genesis Investment Funds Limited, is controlled by GCM, and this loan can be considered to be a related party transaction. Cogenco cannot offer any assurance that any funds lent to GCM will be sufficient to permit it, or any subsidiary or related entity of GCM, will be sufficient for GCM to carry on its planned business operations. Further, Cogenco cannot offer any assurance that GCA will be able to fully and timely repay any funds Cogenco may lend to GCA. Cogenco plans to loan the funds to GCM pursuant to the promissory note that is attached as an exhibit to this subscription agreement but, in general, Cogenco will have little ability to control GCM’s activities or operations. GCM has provided Cogenco and the Purchaser with copies of GCM’s most recent financial statements which reflect its financial condition and results of operations through its most current fiscal period. Furthermore, the Purchaser acknowledges that the terms of the loan were not negotiated at arms’-length. By purchasing Cogenco common stock, the Purchaser represents that he has discussed the investment and the use of funds with GCM as well as Cogenco, and further acknowledges and approves of the use of proceeds of the Purchaser’s investment.

1.5      Closing.

     (a)      Subject to the satisfaction or waiver of the conditions set forth in Articles IV and V, the subscription for and issuance of the Purchased Shares shall take place at Cogenco’s principal offices (or as Cogenco may otherwise designate), or at such other times and places as the parties shall agree. The parties agree that there may be one or more closings under this agreement (each a “Closing”).

     (b)      Delivery. Cogenco will prepare a stock certificate in the name of Purchaser for the total number of shares purchased and shall deliver the certificate to Purchaser on the Closing against payment of the Purchase Price, by certified check or wire transfer payable to the Company or its designated agent.

2

ARTICLE II

REPRESENTATIONS AND WARRANTIES OF COGENCO

Cogenco represents and warrants to Purchaser as follows:

     2.1      Corporate Existence and Power. Cogenco (a) is a corporation duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation; (b) has all requisite power and authority to own and operate its property, to lease the property it operates as lessee and to conduct the business in which it is currently, or is proposed to be, engaged; (c) is not qualified as a foreign corporation in any other state, and (d) has the corporate power and authority to execute, deliver and perform its obligations under this Agreement. Cogenco has no Subsidiaries.

     2.2      Authorization; No Contravention. The execution, delivery and performance by Cogenco of this Agreement and the transactions contemplated hereby and thereby (a) have been duly authorized by all necessary corporate action; (b) do not contravene the terms of the Articles of Incorporation or the By-laws; (c) do not violate, conflict with or result in any breach, default or contravention of (or with due notice or lapse of time or both result in any breach, default or contravention of), or the creation of any Lien under, any Contractual Obligation of Cogenco or any Requirement of Law applicable to Cogenco; (d) do not give rise to any right of another party thereto to accelerate, terminate or otherwise modify any Contractual Obligation and (e) do not violate any judgment, injunction, writ, award, decree or order of any nature (collectively, “Orders”) of any Governmental Authority against, or binding upon, Cogenco.

     2.3      Governmental Authorization; Third Party Consents. Except for compliance with securities laws in connection with the offer and sale of the Purchased Shares, no approval, consent, compliance, exemption, authorization, confirmation, transfer or other action by, or notice to, or filing with, any Governmental Authority or any other Person, and no lapse of a waiting period under a Requirement of Law, is necessary or required in connection with the execution, delivery or performance (including, without limitation, the sale, issuance and delivery of the Purchased Shares) by, or enforcement against, Cogenco of this Agreement and the other Transaction Documents or the transactions contemplated hereby and thereby.

     2.4      Binding Effect. This Agreement and each of the other Transaction Documents has been duly executed and delivered by Cogenco, and constitutes the legal, valid and binding obligations of each such entity, enforceable against it in accordance with their terms, except as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, fraudulent conveyance or transfer, moratorium or similar laws affecting the enforcement of creditors’ rights generally and by general principles of equity relating to enforceability (regardless of whether considered in a proceeding at law or in equity).

     2.5      Litigation. There are no actions, suits, proceedings, claims, complaints, disputes, arbitrations or investigations (collectively, “Claims”) pending or, to the Knowledge of Cogenco, threatened, at law, in equity, in arbitration or before any Governmental Authority against or involving Cogenco nor to the Knowledge of Cogenco is there any basis for any of the foregoing. The foregoing includes, without limitation, Claims pending or, to the Knowledge of Cogenco, threatened or any basis therefor known by Cogenco involving the prior employment of any employee of Cogenco, their use in connection with the

3

 

business of such entity of any information or techniques allegedly proprietary to any of their former employers or their obligations under any agreements with prior employers. No Order has been issued by any court or other Governmental Authority against Cogenco or any of Cogenco’s assets, including any Order purporting to enjoin or restrain the execution, delivery or performance of this Agreement or any of the other Transaction Documents.

2.6      Compliance with Laws.

     (a)      Except as provided herein or in the Disclosure Documents, Cogenco is in compliance with all Requirements of Law and all Orders issued by any court or Governmental Authority against or affecting such entity or its assets. To Cogenco’s Knowledge, there is no existing or proposed Requirement of Law which could reasonably be expected to prohibit or restrict Cogenco from, or otherwise materially adversely effect Cogenco in, conducting its Business in any jurisdiction in which it now conducts or proposes to conduct its Business.

     (b)      Cogenco has all material licenses, permits, registrations and approvals of any Governmental Authority (collectively, “Permits”) that are necessary or required for the conduct of the Business; Cogenco holds or will acquire such Permits and have made or will make all filings necessary for the conduct of their Business; such Permits as have been obtained are in full force and effect; and no material violations or notices of any violations or deficiencies are or have been received or recorded in respect of any Permit.

     (c)      No material expenditure is presently required by Cogenco to comply with any existing Requirement of Law or Order.

2.7      Capitalization.

     (a)      The Company currently has 600 million shares of stock authorized, of which 500 million are shares of Common Stock and 100 million are shares of preferred stock. As of June 15, 2009 there are 1,233,000 shares of common stock outstanding and no shares of preferred stock outstanding.

     (b)      There are no options, warrants, conversion privileges, subscription or purchase rights (including any preemptive rights) or other rights outstanding to purchase or otherwise acquire (i) any authorized but unissued, unauthorized or treasury shares of Cogenco, (ii) any Share Equivalents or (iii) other securities of Cogenco, and there are no commitments, contracts, agreements, arrangements or understandings by Cogenco to issue any shares of Cogenco or any Share Equivalents or other securities of Cogenco.

     (c)      The Purchased Shares will, as of the Closing, have been duly authorized, and when issued and sold to Purchaser after payment therefor, will be validly issued, fully paid and non-assessable and not subject to any preemptive or similar rights, will be issued in compliance with the registration and qualification requirements of all applicable securities laws and will be free and clear of all other Liens. All of the issued and outstanding shares of Common Shares are duly authorized, validly issued, fully paid and non-assessable.

     2.8      No Default or Breach; Contractual Obligations. Since April 1, 2008, Cogenco has not received notice of a default and is not in default under, or with respect to, any Contractual Obligation nor does any condition exist that with notice or lapse of time or both would constitute a default or cause the acceleration of any of the obligations of any such entity thereunder.

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     2.9      Real Estate. Cogenco does not own any real property. Cogenco leases certain office space at its principal place of business from an unaffiliated party.

     2.10      Charter Documents and Corporate Records. Cogenco has offered to provide to Purchaser true and complete copies of the Articles of Incorporation and Bylaws of Cogenco as in effect on the date hereof (which documents are also filed with the Securities and Exchange Commission). The minute books, or comparable records, of Cogenco are also available to Purchaser at its request and contain true and complete records of all meetings and resolutions of the Board of Directors (and any committee thereof) and shareholders of such entities since the time of organization of such entities and accurately reflect all transactions referred to in such minutes and consents in lieu of meeting.

     2.11      Financial Statements. Cogenco’s Disclosure Documents contain financial statements as described therein.

2.12      Taxes.

     (a)      Cogenco has paid all Taxes which have come due and are required to be paid by it through the date hereof, other than Taxes being disputed in good faith for which adequate reserves have been specifically made on the most recent balance sheet delivered to Genesis;

     (b)      Cogenco has timely filed or caused to be filed Tax Returns that it is required to have filed, and all such Tax Returns and other filings are accurate and complete in all material respects;

     (c)      with respect to all Tax Returns of Cogenco, (i) there is no assessment or reassessment proposed or, to the Knowledge of Cogenco, threatened against Cogenco other than assessment in the normal course of filing of Cogenco and (ii) no audit is in progress with respect to any Tax Returns and Cogenco has never been subject to any such audit, no extension of time is in force with respect to any date on which any Tax Return was or is to be filed and no waiver or agreement is in force for the extension of time for the assessment or payment of any Tax;

      (d)      there are no Liens for Taxes on the assets of Cogenco;

      (e)      Cogenco has no liability for Taxes of any Person other than itself;

     (f)      Cogenco has not been and no such entity is in violation (or with notice would be in violation) of any applicable Requirement of Law relating to the payment or withholding of Taxes;

     (g)      Cogenco has duly and timely withheld from employee, officer or director salaries, wages, and other compensation and paid over to the appropriate taxing authorities all material amounts required to be so withheld and paid over for all periods under all applicable laws;

     (h)      there is no contract, agreement, plan or arrangement covering any Person that, individually or collectively, could give rise to the payment of any amount that would not be deductible by Cogenco; and

5

     (i)      Cogenco will not have any liability on or after the date hereof under any Tax sharing agreement or similar contract to which they have been a party, and all such Tax sharing agreements in effect before the date hereof shall terminate and be of no further force and effect as of the date hereof.

     2.13      No Material Adverse Change; Ordinary Course of Business. Other than as contemplated herein or in the Disclosure Documents,

     (a)      There has not been a Material Adverse Effect other than Cogenco’s continuing expenditure of funds to meet its contractual obligations and in efforts to develop a prototype product for demonstration;

     (b)      Cogenco has not participated in any transaction material to the Condition of Cogenco or otherwise acted outside the ordinary course of business, including, without limitation, declaring or paying any dividend or declaring or making any distribution to its Shareholders;

     (c)      Cogenco has not engaged in any related party transaction except as set forth in the Disclosure Document;

     (d)      Cogenco has not increased the compensation of any of its officers or the rate of pay of any of its employees;

       (e)      Cogenco has not created or assumed any Lien on a material asset;

     (f)       Cogenco has not entered into any Contractual Obligation, other than in the ordinary course of business or as contemplated by this Agreement; and

     (f)      There has not occurred a material change in the accounting principles or practice of Cogenco.

     2.14      Private Offering. No form of general solicitation or general advertising was used by Cogenco or representatives of Cogenco in connection with the offer or sale of the Purchased Shares or any shares offered to or purchased by the Other Purchasers. No registration of the Purchased Shares or filing of a prospectus in connection therewith, pursuant to the provisions of the Securities Act, applicable rules of the Commission, any other foreign securities laws or any state securities or “blue sky” laws, will be required by the offer, sale or issuance of the Purchased Shares or any shares offered to or purchased by the Other Purchasers. Cogenco agrees that neither it, nor anyone acting on its behalf, shall offer to sell the Purchased Shares or any other securities of Cogenco so as to require the registration of the Purchased Shares or filing of a prospectus in connection therewith, pursuant to the provisions of the Securities Act, applicable rules and instruments of the Commission, or any state securities or “blue sky” laws.

     2.15      Employee Benefit Plans. Cogenco has not adopted any retirement, pension, supplemental pension, savings, retirement savings, retiring allowance, bonus, profit sharing, stock purchase, phantom stock, share appreciation rights, deferred compensation, severance or termination pay, change of control, life insurance, medical, hospital, dental care, vision care, drug, sick leave, short term or long term disability, salary continuation, unemployment benefits, vacation, incentive, compensation or other employee benefit plan, program, arrangement, policy or practice whether written or oral, formal or informal,

6

 

funded or unfunded, registered or unregistered, insured or self-insured that is maintained or otherwise contributed to, or required to be contributed to, by or on behalf of Cogenco for the benefit of current or former employees, directors, officers, shareholders, independent contractors or agents of Cogenco. Cogenco may, in the future adopt health insurance and other insurance and employee benefit plans.

     2.16      Insurance. Cogenco has no insurance policies held by or on behalf of Cogenco.

     2.17      Environmental Matters. To the Knowledge of Cogenco, Cogenco is in full compliance with all applicable Environmental Laws and, without limiting the foregoing, has not caused or permitted the release of a contaminant into the environment except in full compliance with Environmental Laws and all permits or authorizations required pursuant to Environmental Laws have been obtained, are valid and in full force. There is no civil, criminal or administrative judgment, action, suit, demand, claim, hearing, notice or violation, investigation, proceeding or demand letter pending or, to the Knowledge of Cogenco, threatened against Cogenco pursuant to Environmental Laws; and, to the Knowledge of Cogenco, there are no past or present events, conditions, circumstances, activities, practices, incidents, agreements, actions, omissions or plans which could reasonably be expected to prevent full compliance with, or which have given rise to or will give rise to liability under, Environmental Laws.

     2.18      Broker’s, Finder’s or Similar Fees. There are no brokerage commissions, finder’s fees or similar fees or commissions payable by Cogenco in connection with the transactions contemplated hereby based on any agreement, arrangement or understanding with Cogenco, except that Cogenco is obligated to pay GCM a fee equal to 5% of the total purchase price for the Purchased Shares.

     2.19      Disclosure. The Disclosure Documents are accurate and complete in all material respects as of the dates such documents were filed with the Securities and Exchange Commission.

ARTICLE III

REPRESENTATIONS AND WARRANTIES OF PURCHASER

Purchaser hereby represents and warrants to Cogenco, as follows:

     3.1      Existence and Power. Purchaser, (a) if Purchaser is a non-natural person, is duly organized and validly existing under the laws of the jurisdiction of its formation and (b) has the requisite power and authority to execute, deliver and perform its obligations under this Agreement and to complete the transactions herein contemplated.

     3.2      Authorization; No Contravention. The execution, delivery and performance by Purchaser of this Agreement and each of the other Transaction Documents to which it is a party and the transactions contemplated hereby and thereby, (a) have been duly authorized by all necessary action, (b) if Purchaser is a non-natural person, do not contravene the terms of Purchaser’ organizational documents, or any amendment thereof, and (c) do not violate, conflict with or result in any breach or contravention of, or the

7

 

creation of any Lien under, any Contractual Obligation of Purchaser or any Requirement of Law applicable to Purchaser, and (d) do not violate any Orders of any Governmental Authority against, or binding upon, Purchaser.

     3.3      Governmental Authorization; Third Party Consents. No approval, consent, compliance, exemption, authorization or other action by, or notice to, or filing with, any Governmental Authority or any other Person, and no lapse of a waiting period under any Requirement of Law, is necessary or required in connection with the execution, delivery or performance (including, without limitation, the purchase of the Purchased Shares) by, or enforcement against, Purchaser of this Agreement and each of the other Transaction Documents to which it is a party or the transactions contemplated hereby and thereby.

     3.4      Binding Effect. This Agreement and each of the other Transaction Documents to which it is a party has been duly executed and delivered by Purchaser, and constitutes the legal, valid and binding obligations of Purchaser, enforceable against him or it in accordance with its terms, except as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, fraudulent conveyance or transfer, moratorium or similar laws affecting the enforcement of creditors’ rights generally or by equitable principles relating to enforceability (regardless of whether considered in a proceeding at law or in equity).

     3.5      Purchase for Own Account. The Purchased Shares to be acquired by Purchaser pursuant to this Agreement are being or will be acquired for his or its own account and with no intention of distributing or reselling such Purchased Shares or any part thereof in any transaction that would be in violation of the securities laws of the United States of America or any state, without prejudice, however, to the rights of Purchaser at all times to sell or otherwise dispose of all or any part of such Purchased Shares under an effective registration statement under the Securities Act, or under an exemption from such registration available under the Securities Act, and subject, nevertheless, to the disposition of Purchaser’s property being at all times within its control. If Purchaser should in the future decide to dispose of any of such Purchased Shares, Purchaser understands and agrees that he or it may do so only in compliance with the Securities Act and applicable state securities laws, as then in effect. Purchaser agrees to the imprinting, so long as required by law, of a legend on certificates representing all of his or its Purchased Shares to the following effect:

THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”), OR THE SECURITIES LAWS OF ANY STATE. THE SECURITIES MAY NOT BE TRANSFERRED EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER SUCH ACT AND APPLICABLE STATE SECURITIES LAWS OR PURSUANT TO AN APPLICABLE EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF SUCH ACT AND SUCH LAWS.

     3.6      Restricted Securities. Purchaser understands that the Purchased Shares will not be registered at the time of their issuance under the Securities Act for the reason that the sale provided for in this Agreement is exempt pursuant to Section 4(2) and/or Regulation S of the Securities Act and that the reliance of Cogenco on such exemption is predicated in part on Purchaser’s representations set forth herein.

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     3.7      Broker’s, Finder’s or Similar Fees. There are no brokerage commissions, finder’s fees or similar fees or commissions payable by Purchaser in connection with the transactions contemplated hereby based on any agreement, arrangement or understanding with Purchaser or any action taken by Purchaser. The Purchaser understands Cogenco’s obligation to pay a 5% finder’s fee to GCM as described above and in an agreement between Cogenco and GCM, which payment the Purchaser approves.

     3.8      Review of the Disclosure and Related Documents; Consultation With Advisors. Purchaser has reviewed this Agreement, the documents, agreements, and understandings referred to herein relating to Cogenco and its Business, the Disclosure Documents and the other information provided. Further, Purchaser and his or its advisors have been afforded the opportunity to ask questions of Cogenco and its management, as well as questions of Cogenco’s controlling person GCM. Purchaser has consulted with his or its legal, financial, tax, investment, and accounting advisors regarding this Agreement, the transactions contemplated hereby, to the extent Purchaser deemed consultation with such advisors to be necessary or appropriate in the circumstances. Based on its or his due diligence investigation, Purchaser has no reason to believe that any of the information provided to Purchaser, including the Disclosure Documents, is inaccurate or incomplete in any material respect.

     3.9      Accredited and Non-U.S. Investor Status. Purchaser represents and warrants that Purchaser is an “Accredited Investor” as defined in Section 2(a)(15) of the Securities Act and Rules 215 and 501(a) promulgated under the Securities Act. Purchaser further represents that he or it is a “non-U.S. person” as that term is defined in Regulation S adopted by the Securities and Exchange Commission, and further represents that by reason of Purchaser’ business or financial experience, or through the business or financial experience of his or its advisor(s), Purchaser has the capacity to protect his or its own interest in connection with the transaction contemplated herein.

     3.10      Acknowledgement of Risk. Purchaser represents and warrants that Purchaser understands that an investment in Cogenco constitutes one of significant risk (including those risks described in Cogenco’s Disclosure Documents), and Purchaser risks losing his or its entire investment. Cogenco cannot offer any assurance that Purchaser will be able to recover any portion of his or its investment. The risks that impact Cogenco include (but are not limited to) those that are set forth in the Disclosure Documents, including the risks that (i) Cogenco has inadequate working capital; (ii) the Company remains a development stage business with limited operating history and requires substantial funds in addition to the proceeds from the sale of Purchased Shares; (iii) an investment in the Company is highly speculative, and only investors who can afford the loss of their entire investment should consider investing in the Company; (iv) the Purchaser may not be able to liquidate his investment; (v) transferability of the Purchased Shares is extremely limited; and (vi) the Company has not paid any dividends on its Common Stock since inception and does not anticipate the payment of dividends in the foreseeable future.

     3.11      No Insider Trading or Market Manipulation. Purchaser acknowledges that if he or it has received material, non-public information from Cogenco, Purchaser will not engage in any transaction by which Purchaser can be deemed to have taken advantage of its knowledge of material, non-public information about Cogenco, whether in

9

 

the public market or in a private transaction and whether it occurs in the United States or elsewhere, and Purchaser will not encourage any other person to do so.

     3.12      Anti-Money Laundering. Purchaser represents and warrants that all purchase payments to Cogenco pursuant to this Agreement will be originated directly from a bank or brokerage account in the name of Purchaser. Purchaser represents and warrants that acceptance of these payment remittances by Cogenco will not breach any applicable rules and regulations designed to avoid money laundering.

     3.13      Good Funds. All funds used for the purchase of the Purchased Shares originated directly from a bank or brokerage account in the name of the Purchaser located within the United States of America or another Compliant Jurisdiction as defined in by the Financial Action Task Force on Money Laundering (found at http://www.oecd.org/fatf/) or in any other manner that may violate the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism (USA PATRIOT ACT) Act of 2001, Pub. L. No. 107-56, 115 Stat. 272, or any similar law or regulation or executive order based on such law.

ARTICLE IV

CONDITIONS TO THE OBLIGATION OF PURCHASER TO CLOSE

     The obligation of Purchaser to purchase the Purchased Shares, to pay the purchase price therefor and to perform any obligations hereunder shall be subject to the satisfaction as determined by, or waiver by, Purchaser of the following conditions on or before the date of the Closing.

     4.1      Representation and Warranties. The representations and warranties of Cogenco contained in Article II hereof shall be true and correct in all material respects (except for any such representations and warranties which are qualified by their terms by a reference to materiality or Material Adverse Effect, which representation as so qualified shall be true and correct in all respects) at and on the date of the Closing as if made at and on such date.

     4.2      Compliance with this Agreement. Cogenco shall have performed and complied in all material respects with all of its agreements set forth herein that are required to be performed by any of the foregoing on or before the date of the Closing.

     4.3      Purchased Shares. Cogenco shall have delivered to Purchaser or at Purchaser’ direction certificates in definitive form representing the Purchased Shares, registered in the name of Purchaser (which delivery may be made after the Closing).

     4.4      Good Standing. Cogenco shall be in good standing in the state of Colorado.

     4.5      Consents and Approvals. All necessary consents, exemptions, authorizations, or other actions by, or notice to, or filings with, Governmental Authorities and other Persons in respect of all Requirements of Law shall have been obtained and be in full force and effect, and no condition or action shall have been imposed

10

 

or threatened in connection with obtaining such consents that would adversely affect Cogenco or the Business.

     4.6      No Injunctions. There shall be no temporary restraining order, preliminary or permanent injunction or other order issued by any Governmental Authority preventing or hindering the transactions contemplated by this Agreement or the Transaction Documents from taking effect.

ARTICLE V

CONDITIONS TO THE OBLIGATION OF COGENCO TO CLOSE

     The obligation of Cogenco to issue and sell the Purchased Shares and the obligation of Cogenco to perform its other obligations hereunder shall be subject to the satisfaction as determined by, or waiver by, Cogenco of the following conditions on or before the date of Closing:

     5.1      Representations and Warranties. Purchaser’ representations and warranties contained in Article III hereof shall be true and correct in all material respects (except for any such representations and warranties which are qualified by their terms by a reference to materiality or Material Adverse Effect, which representation as so qualified shall be true and correct in all respects) at and on the date of Closing as if made at and on such date.

     5.2      Payment of Purchase Price. At each Closing Purchaser shall have delivered the aggregate purchase price to Cogenco for that number of Purchased Shares being purchased and paid for by Purchaser at that Closing.

     5.3      No Injunctions. There shall be no temporary restraining order, preliminary or permanent injunction or other order issued by any Governmental Authority preventing or hindering the transactions contemplated by this Agreement or the Transaction Documents from taking effect.

ARTICLE VI

AFFIRMATIVE COVENANTS

Cogenco hereby covenants and agrees with Purchaser as follows:

6.1      Preservation of Existence. Cogenco shall:

     (a)      preserve and maintain in full force and effect its existence and good standing under the laws of its jurisdiction of formation or organization;

     (b)      preserve and maintain in full force and effect all material rights, privileges, qualifications, applications, licenses and franchises necessary in the normal conduct of its business;

     (c)      conduct the Business in the ordinary course in accordance with sound business practices, keep its properties in good working order and condition (normal wear and tear

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excepted), and from time to time make all needed repairs to, renewals of or replacements of its properties so that the efficiency of its business operation shall be reasonably maintained and preserved;

     (d)      comply with all Requirements of Law and with the directions of any Governmental Authority having jurisdiction over such entity or its business or property; and

     (e)      file or cause to be filed in a timely manner all reports, applications, estimates and licenses that shall be required by a Governmental Authority.

     6.2      Books and Records. Cogenco shall keep proper books of record and account, in which full and correct entries shall be made of all financial transactions and the assets and business of Cogenco.

     6.3      Consents. Cogenco shall use its reasonable best efforts to obtain all consents and approvals required in connection with the transactions contemplated by this Agreement and the Transactions Documents.

     6.4      Provision of Information. For the avoidance of doubt, no information provided by Cogenco to Purchaser under this Article VI or otherwise shall limit or otherwise affect in any way the rights and remedies of Purchaser under this Agreement, including, without limitation, the right of Purchaser to rely on any conditions to the obligation of Purchaser to close pursuant to Article IV of this Agreement.

ARTICLE VII

DEFINITIONS

     7.1      Definitions. As used in this Agreement, and unless the context requires a different meaning, the following terms have the meanings indicated:

     “Agreement” means this agreement as the same may be amended, supplemented or modified in accordance with the terms hereof.

     “Articles of Incorporation” means the Articles of Incorporation of Cogenco in effect on the date hereof, as the same may be amended from time to time, which are available upon request.

     “Board of Directors” means the Board of Directors of Cogenco as described in the Disclosure Documents.

“Business” means the business of Cogenco as it currently exists.

     “Business Day” means any day other than a Saturday, Sunday or other day on which commercial banks in the State of Colorado are authorized or required by law or executive order to close.

     “By-laws” means the by-laws of Cogenco in effect on the date hereof, as the same may be amended from time to time.

“Claims” has the meaning set forth in Section 2.5.

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“Closing” has the meaning set forth in Section 1.5.

     “Code” means the Internal Revenue Code of 1986, as amended, or any successor statute thereto.

     “Commission” means the United States Securities and Exchange Commission or any similar agency then having jurisdiction to enforce the Securities Act.

“Common Shares” has the meaning set forth in the recitals to this Agreement.

     “Condition of Cogenco” means the assets, business, properties, prospects, operations or condition (financial or otherwise) of Cogenco, taken as a whole.

     “Contingent Obligation” means, as applied to any Person, any direct or indirect liability of that Person with respect to any Indebtedness, lease, dividend, guaranty, letter of credit or other obligation, contractual or otherwise (the “primary obligation”) of another Person (the “primary obligor”), whether or not contingent, (a) to purchase, repurchase or otherwise acquire such primary obligations or any property constituting direct or indirect security therefor, (b) to advance or provide funds (i) for the payment or discharge of any such primary obligation, or (ii) to maintain working capital or equity capital of the primary obligor or otherwise to maintain the net worth or solvency or any balance sheet item, level of income or financial condition of the primary obligor, (c) to purchase property, securities or services primarily for the purpose of assuring the owner of any such primary obligation of the ability of the primary obligor to make payment of such primary obligation, or (d) otherwise to assure or hold harmless the owner of any such primary obligation against loss or failure or inability to perform in respect thereof. The amount of any Contingent Obligation shall be deemed to be an amount equal to the stated or determinable amount of the primary obligation in respect of which such Contingent Obligation is made or, if not stated or determinable, the maximum reasonably anticipated liability in respect thereof.

     “Contractual Obligations” means, as to any Person, any provision of any security issued by such Person or of any agreement, undertaking, contract, indenture, mortgage, deed of trust or other instrument to which such Person is a party or by which it or any of its property is bound.

     “Disclosure Documents” means this agreement and the reports that Cogenco has filed with the Securities and Exchange Commission under the Securities Exchange Act of 1934, and all exhibits thereto.

“Dollars” or “$” means United States dollars.

     “Environmental Laws” means domestic or foreign federal, provincial or state statutes or regulations, municipal or local by-laws or regulations, decrees, obligations or liabilities pursuant to common or civil laws, as well as orders, judgments or injunctions, administrative policies or codes relating to the environment or to public or worker health and safety.

     “Exchange Act” means the United States Securities Exchange Act of 1934, as amended, and the rules and regulations of the Commission thereunder.

     “GAAP” means generally accepted accounting principles in the United States in effect from time to time.

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     “Governmental Authority” means the government of any nation, state, province, city, locality or other political subdivision thereof, any entity exercising executive, legislative, judicial, regulatory or administrative functions of or pertaining to government, and any corporation or other entity owned or controlled, through shares or capital ownership or otherwise, by any of the foregoing.

     “Indebtedness” means, as to any Person, (a) all obligations of such Person for borrowed money (including, without limitation, reimbursement and all other obligations with respect to surety bonds, letters of credit and bankers’ acceptances, whether or not matured), (b) all obligations of such Person to pay the deferred purchase price of property or services, except trade accounts payable and accrued commercial or trade liabilities arising in the ordinary course of business and not more than 90 days past due, (c) all interest rate and currency swaps, caps, collars and similar agreements or hedging devices under which payments are obligated to be made by such Person, whether periodically or upon the happening of a contingency, (d) all indebtedness created or arising under any conditional sale or other title retention agreement with respect to property acquired by such Person (even though the rights and remedies of the seller or lender under such agreement in the event of default are limited to repossession or sale of such property), (e) all obligations of such Person under leases which have been or should be, in accordance with GAAP, recorded as capital leases, (f) all indebtedness secured by any Lien (other than Liens in favor of lessors under leases other than leases included in clause (e)) on any property or asset owned or held by that Person regardless of whether the indebtedness secured thereby shall have been assumed by that Person or is non-recourse to the credit of that Person, and (g) all Contingent Obligations of such Person.

     “Knowledge of Cogenco” means the reasonable or actual knowledge, after due inquiry, of (a) the officers and directors of Cogenco and (b) any employee of Cogenco who has supervisory and managerial authority or specific knowledge with respect to a specific aspect of the Business (provided that such employee shall only be deemed to have “Knowledge” with respect such specific aspect of the Business for purposes of this Agreement).

“Liabilities” has the meaning set forth in Section 2.18.

     “Lien” means any mortgage, deed of trust, pledge, hypothecation, assignment, encumbrance, lien (statutory or other) or preference, priority, right or other security interest or preferential arrangement of any kind or nature whatsoever (excluding preferred shares and equity related preferences).

     “Material Adverse Effect” means a material adverse change in or effect upon (a) the Condition of Cogenco or (b) the ability of Cogenco to perform its obligations hereunder and under the other Transaction Documents.

“Orders” has the meaning set forth in Section 2.2.

“Permits” has the meaning set forth in Section 2.6.

     “Person” means any individual, firm, corporation, partnership, trust, incorporated or unincorporated association, joint venture, joint stock company, limited liability company, Governmental Authority or other entity of any kind, and shall include any successor (by merger or otherwise) of such entity.

“Purchased Shares” has the meaning set forth in the preamble and in Section 1.1.

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“Purchaser” has the meaning set forth in the preamble to this Agreement.

     “Requirements of Law” means, as to any Person, any law, statute, treaty, rule, regulation, right, privilege, qualification, license or franchise or determination of an arbitrator or a court or other Governmental Authority or stock exchange, in each case applicable or binding upon such Person or any of its property or to which such Person or any of its property is subject or pertaining to any or all of the transactions contemplated or referred to herein.

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

     “Share Equivalents” means any security or obligation which is by its terms convertible into or exchangeable or exercisable for Common Shares or other capital shares of Cogenco, including, without limitation any option, warrant or other subscription or purchase right with respect to the Common Shares or such other capital shares.

     “Tax” or, collectively, “Taxes,” means any and all federal, local and foreign taxes, assessments and other governmental charges, duties, impositions and liabilities, including taxes based upon or measured by gross receipts, income, taxable income, profits, sales, use and occupation, and value added, ad valorem, employer health, capital gains, transfer, franchise, withholding, payroll, deductions at source, recapture, employment, excise, capital, lease, service, license, severance, stamp, occupation, premium, environmental, windfall profit and property taxes, customs, duties and other taxes, governmental fees and other like assessments or charges of any kind whatsoever, together with all interest, penalties and additions imposed with respect to such amounts and any obligations under any agreements or arrangements with any other Person with respect to such amounts and including any liability for taxes of a predecessor entity.

     “Tax Returns” means all returns, declarations, reports, claims for refund, information statements and other documents relating to Taxes, including all schedules and attachments thereto, and including all amendments thereof, and the term “Tax Return” means any one of them.

     “Transaction Documents” means, collectively, this Agreement and the other documents to be executed or delivered to complete the transactions contemplated hereunder.

ARTICLE VIII

MISCELLANEOUS

     8.1      Survival of Representations, Warranties and Covenants.

     (a)      All representations, warranties and covenants made by Cogenco in or pursuant to this Agreement shall be considered to have been relied upon by Purchaser. All of the representations, warranties and covenants made herein shall survive the execution and delivery of this Agreement (regardless of any investigation made by Purchaser or on their behalf) for a period of three years from the Closing Date.

     (b)      All representations, warranties and covenants made by Purchaser in or pursuant to this Agreement shall be considered to have been relied upon by Cogenco. All of the representations, warranties and covenants made herein shall survive the execution and delivery of

15

 

this Agreement (regardless of any investigation made by Cogenco or on their behalf) for a period of three years from the Closing Date. This includes, without limitation, Purchaser’ obligation set forth in Section 1.2 hereof.

     8.2      Notices. All notices, demands and other communications provided for or permitted hereunder shall be made in writing and shall be by registered or certified first-class mail, return receipt requested, telecopier, courier service or personal delivery:

(a)      if to Cogenco:

Cogenco International, Inc.

                           6400 S. Fiddlers Green Cir., Suite 1840 

                           Greenwood Village, CO 80111

(b)      if to Purchaser, to the address set forth beneath the Purchaser’s signature.

     All such notices, demands and other communications shall be deemed to have been duly given when delivered by hand, if personally delivered; when delivered by courier, if delivered by commercial courier service; five Business Days after being deposited in the mail, postage prepaid, if mailed; and when receipt is mechanically acknowledged, if delivered by facsimile or electronic mail. Any party may by notice given in accordance with this Section 8.2 designate another address or Person for receipt of notices hereunder.

     8.3      Successors and Assigns; Third Party Beneficiaries. This Agreement shall inure to the benefit of and be binding upon the successors and permitted assigns of the parties hereto. No Person other than the parties hereto and their successors and permitted assigns is intended to be a beneficiary of this Agreement.

8.4      Amendment and Waiver.

     (a)      No failure or delay on the part of the parties hereto in exercising any right, power or remedy hereunder shall operate as a waiver thereof, nor shall any single or partial exercise of any such right, power or remedy preclude any other or further exercise thereof or the exercise of any other right, power or remedy. The remedies provided for herein are cumulative and are not exclusive of any remedies that may be available to the parties hereto at law, in equity or otherwise.

     (b)      Any amendment, supplement or modification of or to any provision of this Agreement, any waiver of any provision of this Agreement, and any consent to any departure by Cogenco or Genesis from the terms of any provision of this Agreement, shall be effective (i) only if it is made or given in writing and signed by Cogenco and Genesis purchasing a majority of the Purchased Shares, and (ii) only in the specific instance and for the specific purpose for which made or given. Except where notice is specifically required by this Agreement, no notice to or demand on the parties hereto in any case shall entitle the parties hereto to any other or further notice or demand in similar or other circumstances.

     8.5      Counterparts. This Agreement may be executed in any number of counterparts and by the parties hereto in separate counterparts, each of which when so executed shall be deemed to be an original and all of which taken together shall constitute one and the same agreement.

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     8.6      Headings. The headings in this Agreement are for convenience of reference only and shall not limit or otherwise affect the meaning hereof.

     8.7      GOVERNING LAW. THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF COLORADO WITHOUT REGARD TO THE PRINCIPLES OF CONFLICTS OF LAW THEREOF.

     8.8      Jurisdiction. Each party to this Agreement hereby irrevocably agrees that any legal action or proceeding arising out of or relating to this Agreement or any agreements or transactions contemplated hereby shall be brought only in the federal courts of District of Colorado and hereby expressly submits to the personal jurisdiction and venue of such courts for the purposes thereof and expressly waives any claim of improper venue and any claim that such courts are an inconvenient forum. Each party hereby irrevocably consents to the service of process of any of the aforementioned courts in any such suit, action or proceeding by the mailing of copies thereof by registered or certified mail, postage prepaid, to the address set forth in Section 8.2, such service to become effective 10 days after such mailing.

     8.9      Severability. If any one or more of the provisions contained herein, or the application thereof in any circumstance, is held invalid, illegal or unenforceable in any respect for any reason, the validity, legality and enforceability of any such provision in every other respect and of the remaining provisions hereof shall not be in any way impaired, unless the provisions held invalid, illegal or unenforceable shall substantially impair the benefits of the remaining provisions hereof.

     8.10      Rules of Construction. Unless the context otherwise requires, references to sections or subsections refer to sections or subsections of this Agreement.

     8.11      Entire Agreement. This Agreement, together with the exhibits and schedules hereto, and the other Transaction Documents are intended by the parties as a final expression of their agreement and intended to be a complete and exclusive statement of the agreement and understanding of the parties hereto in respect of the subject matter contained herein and therein. There are no restrictions, promises, representations, warranties or undertakings, other than those set forth or referred to herein or therein. This Agreement, together with the exhibits and schedules hereto, and the other Transaction Documents supersede all prior agreements and understandings between the parties with respect to such subject matter.

     8.12      Fees. Each of the parties to this Agreement will pay its own costs, expenses, and fees (including, without limitation, legal fees) incurred by such party in connection with the transactions contemplated by this Agreement.

     8.13      Publicity; Confidentiality. Except as may be required by applicable Requirements of Law, none of the parties hereto shall issue a publicity release or public announcement or otherwise make any disclosure concerning this Agreement, the transactions contemplated hereby or Genesis, without prior approval by the other parties hereto; provided, however, that nothing in this Agreement shall restrict Cogenco from making disclosure required by the federal securities laws including (without limitation) appropriate disclosures required by Item 7.01 of Regulation S-K, as such disclosure is incorporated into Forms 8-K and 10-Q.

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     8.14      Further Assurances. Each of the parties shall execute such documents and perform such further acts (including, without limitation, obtaining any consents, exemptions, authorizations or other actions by, or giving any notices to, or making any filings with, any Governmental Authority or any other Person) as may be reasonably required or desirable to carry out or to perform the provisions of this Agreement.

     IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this Agreement on the date first written above.

		 	
		 	COGENCO INTERNATIONAL, INC.  
		 	  
		 	By: 
		 	David W. Brenman, President  
		 	  
		 	  
		 	  
	PURCHASER:  	 	
			
	By:      Bernd J. Hamacher-Schwieren  	 	
	Haus Bergscheid, Raeren Belguim B-4730  	 	

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